Episode 61 – Realtor, Wholesaler, Flipper, Landlord Brandon Richards
Enjoy this week’s Real Estate Success Podcast, with special guest Brandon Richards from Dallas, TX
“Social influence in powerful.” Brandon Richards
Here is a snap-shot to our discussions on real estate, development, investing, smart homes and more:
- How the name “Fearless Properties” was selected and why the name is so important as he jumped into real estate
- How to overcome the initial fear when starting to invest in real estate
- First wholesale deal was easy
- First flip bought with hard money turned out to be easy
- Obstacles he ran into were just self-imposed and he just pushed right through every one of them
- There is an incredible amount of opportunity, no need to have a scarcity mindset
- Social influence on facebook by telling stories
- 90% posts are real estate and 10% are personal is the mix he likes to hit
- Repurposing Snakes and houses and being fearless in all things
- Flip tips from Flip #1 to Flip #7
- Stop working on your own houses in the biggest learning take-away
- Hired virtual assistants from the Philippines to free up 3-6 hours per day on marketing
- Texting apps he is exploring
- Network is everything!
- First rental was $40k in Terrell, TX from a property manager referral. ARV is $120k and needed $12k in repairs. This house rents as a 2/1 for $850 – $900 per month to create great cash flow
- Transition to EXP as a realtor
References:
Email Brandon Richards for more info at: info@wepaycashforhousesdfw.com (or facebook him)
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