Episode #16: Questions New Real Estate Investors Ask w/ Michael Del Prete

The Questions New Real Estate Investors Ask

Are you an investor who just starting off? Or maybe never done a deal? Now that you have arrived, your real estate investing journey can now begin!

𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫:

• 00:25 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: Any advice on searching for a good property manager out of state?

• 03:46 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎: How do you monitor that tenants are paying the utilities so that there isn't a lien on a property when tenants vacate?

• 6:33 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐇𝐑𝐄𝐄: Best ways to collect rent?

• 7:40 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐅𝐎𝐔𝐑 Would you guys be able to suggest any ways of making an offer more competitive. For example, a shortened time to exercise contingencies or move them all together?

• 8:51 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐅𝐈𝐕𝐄 In your opinion of which states do you recommend investing in?

• 10:47 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐒𝐈𝐗 Is California a landlord-friendly state?

• 10:56 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐒𝐄𝐕𝐄𝐍 Once you buy a house out of state, how do you get the keys and how do you hand it over to the Property Manager?

• 11:42 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐄𝐈𝐆𝐇𝐓 Do you guys have any properties in Missouri?

• 11:46 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐍𝐈𝐍𝐄 For home investments, starting out wholesaling how was your routine?

• 13:13 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐄𝐍 What are your top three ways to source leads in this environment?

• 13:13 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐄𝐋𝐄𝐕𝐄𝐍 What are the main states where you both own properties?

• 16:31 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐄𝐋𝐕𝐄 Do you find your market saturated or too competitive?

• 17:36 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐇𝐈𝐑𝐓𝐄𝐄𝐍 Any thoughts on the Michigan markets?

• 17:36 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐅𝐎𝐔𝐑𝐓𝐄𝐄𝐍 Do you have an LLC per property owned or one holding LLC?

• 25:47 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐅𝐈𝐅𝐓𝐄𝐄𝐍 Top five books to look into?

• 29:41 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐒𝐈𝐗𝐓𝐄𝐄𝐍 How often do you feel you should have visited your markets?

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This podcast is a Live Q&A recording from a real estate investing association. This class is catered to aspiring investors who have closed three or fewer real estate transactions. Michael answers a wide range of questions covering the basics of wholesaling, land lording and fix and flipping, and much more. Michaels purpose of this class is to help new investors find their own investor identity and give them a solid foundation to build on as they grow their real estate businesses.

Listen to the full episode as this episode will help you to find your own investor identity and give them a solid foundation of information and resources to build on as they grow their real estate businesses.

Stay Tuned and learn more...

Enjoy the show!

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