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Real Estate Investing with Coach Carson

#121: How to be an Expert Real Estate Deal Finder - Interview with Henry Washington

Real Estate Investing with Coach Carson

Chad Carson

Investing, Business

4.9613 Ratings

🗓️ 6 July 2020

⏱️ 55 minutes

🧾️ Download transcript

Summary

Today's episode is an interview with Henry Washington, an investor from northwest Arkansas who has flipped properties and accumulated 60 rental units in his first three years as an investor. How did he do it? Henry says he focused on being an expert DEAL FINDER. And he shares the details and more in this episode. 

Companion article (deal photos and additional details): https://www.coachcarson.com/expert-real-estate-deal-finder/

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Want to more confidently analyze rentals and run the numbers? Get my online course Rental Property Analysis (including my analysis spreadsheet) at https://www.coachcarson.com/dealfinder
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Transcript

Click on a timestamp to play from that location

0:00.0

If you're consistent about closing deals, right, and you're consistent about helping people, right, and doing what you say you're going to do, then when people find deals that they need to get rid of, right, you're going to be one of their first calls.

0:13.0

If someone's finding a deal that they know they need somebody to close on, they're going to call somebody they trust.

0:17.0

And so just being, you know, somebody who operates from the space of integrity and doing what they say they're going to do will help you find deals.

0:31.8

Welcome to the real estate and financial independence podcast. My name is Chad Carson.

0:36.6

You can also call me coach,

0:37.8

and this is a show all about investing in real estate, achieving financial independence,

0:42.6

and doing more of what matters. The topic of today's episode is how to become an expert

0:48.2

deal finder. I have an interview with Henry Washington. Henry is an investor from Northwest

0:53.9

Arkansas in the Bentonville,

0:55.8

Little Rock area. You might have heard of him. He was on the Bigger Pockets podcast as well,

1:00.0

really shared his story about how he grew within two-year period to owning in the 40,

1:04.8

40 plus units, as you'll hear in the interview today. Since then, he's grown and now has about

1:09.7

60 units, about to be under

1:11.0

contract. So a really impressive investor in terms of just the number of deals he has done,

1:16.1

a really smart guy. And what I really get into in this interview is understanding what it means

1:22.0

to be a good deal finder. He made a quote in the companion article, which you can find in the link in the show description

1:28.9

below. He wrote an interview, asked him some questions and written for him, and he answered

1:32.7

those for me. And one of the takeaway quotes from him was that if there's any strategy you focus on

1:38.9

and all of real estate investing, don't focus so much on Burr strategies or house hacking or any of that,

1:44.2

focus on becoming an expert dealmaker.

1:47.2

And so that is what we get into today.

1:49.2

How do you find the deals?

...

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