Welcome to a new episode of Get Creative! In today’s episode, host Justin Tuminowski is joined by Jon and Ken Fothergill, two real estate professionals from New England. We'll be diving into how they secured, rehabbed, and flipped a property using creative finance strategies, all while navigating the complexities of a seller finance deal. This discussion will reveal insights into the world of real estate investment and highlight the power of community in achieving success.
Highlights:
"The best way to do it is to join a community of people helping people."
"It's about making a connection with somebody that can eventually help you down the road."
"You're never going to learn everything by just watching videos; you have to go out and do deals."
"The money is made on the purchase price, not by saving on the rehab or cutting corners."
Timestamps:
0:00 - Podcast Introduction
2:24 - Guests' Background and Community
5:15 - Finding the Fix and Flip Deal
9:34 - Dealing with a Hoarder House
12:44 - Uncovering Historical Artifacts
17:10 - Navigating Unexpected Discoveries
20:22 - Overcoming Contractor Challenges
24:05 - Lessons Learned from Old Homes
26:15 - Financial Breakdown of the Flip
30:24 - Reaching Out for Future Opportunities
► Join The Subto Community & Learn Creative Finance Directly from Pace:
https://paceapproves.com/subto-gc
► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals:
http://joingatortribe.com/yt
► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt
► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:
https://paceapproves.com/tttc-gc
► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success:
https://getcreativepodcast.com/
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