Sub2 Investor 2

On Wednesday, I continued doing spreadsheet work and then went to Hans’s house. At his house, he explained to me how many people who do real estate aren’t self-sustaining by it, so people create businesses like lawn care, cleaning, painting, etc. People in the real estate industry always need trustworthy people who do these things, so once you are in the real estate industry, you have the connections that need these services, making easy clients, then you can have the business going on the side and do real estate full time.

Hans also showed me how to analyze a house. Nick The Note Guy, was one of the most popular sellers financing people, and he created a website to analyze houses to see if they are worth it. He also showed me how to call people for possible leads and how to follow up with them. He has automatic messages that are sent to possible clients every so often to make sure that they still remember him.

Today, we went to his AirBnB property. He explained to me everything that he had done to the property. He told me that he would want to get an Airbnb in Colorado or Florida even if it doesn’t make him any profit, but he will be able to take a free trip down there whenever he wants, and I totally agree with that. We then talked for a while about Whole Sailing because if I were to get into real estate right now, then I would be doing Whole Sailing. You find properties in bad condition, contract with a seller to buy their property for a good deal, and then assign that contract to another buyer for a fee. The buyers are usually flippers who own bad properties.