Today, we’ll get to find out why general contractors make amazing investors and how to find amazing deals in your own backyard! In this episode, we offer hands-on advice to Joey Fuller, a general contractor specialized in remodels and room additions from Branson, Missouri. He is a hard worker who has overcome a lot of personal tragedy but refuses to quit in pursuit of his dreams.
Joey is looking to purchase a property and bring his skillset into the table, but he’s stuck wanting to get well-versed with the system first. The quest for finding a good deal has been holding him back in making his first offer, but Ryan is here to help him set out a strategic plan and overcome his fears. If you too are looking to kickstart your real estate career, tune in to this incredible episode of Income Hacker and get the ball rolling!
Joey’s background:
- Homeowner living in Branson, Missouri.
- General contractor for close to 25 years, who has done some sales.
- He has experienced a lot of hardships and losses throughout his life and he’s looking to prove himself and mend a few scars.
- His Why? Loves working for his family, loves creating things and has had it in his mind for many years.
“The fact that you can take something and make it look attractive again, intrigues me.”
- Experienced in remodels, room additions, basements, and small office and commercial spaces.
- No experience flipping properties, doing wholesale, doing offers on properties
Podcast Summary:
- 18:11 - How to make an offer on a property of real estate and structuring it right.
- 23:17 - Creating your next deal blueprint and finding a property within 90 days.
- 29:40 - Deciding on a strategy to find properties and targeting the right people.
- 33:59 - Searching for properties using the Investor’s Edge software and how to create lists by filtering value trends and estimated values.
- 43:32 - How to use time or money to market yourself, from skip tracing and postcards to making phone calls and knocking on doors.
- 46:10 - Why you need to purchase from people with money, equity, and motivation.
- 53:07 - Driving for dollars: Looking for opportunities in probate-type situations, involuntary leans, zoning ordinance courts, out-of-state owner and non-owner occupied properties.
Want to learn more?
Join Ryan on our next webinar to learn how you can start real estate investing with The Investor's Edge.
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