This is Real Estate Rookie Episode 279er.

It was definitely a process like absorbing all those losses and just the mental hit it takes on you that hit basically.

I've just summed it up into a 250K education that I didn't know I was going to want, you know.

Failure is a part of learning, right?

So it'll be a cool story to tell my kids one day when I've built a cool company.

My name is Ashley Care and I'm here with my co-host Tony Robinson.

And welcome to the Real Estate Rookie Podcast where every week, twice a week, we're bringing you the inspiration, motivation, and stories you need to hear to kickstart your investing journey.

And boy, oh boy, do we have an episode for you guys today?

It's not often that we hear stories that get off to such a rough start, but yet have such a happy ending, wouldn't you say Ash?

Yeah, yeah. So we are going to go through, it's about five or six different ways that an investor failed at, you know, doing his house flips, his projects.

And then we have brought on his actual mentor who helped him do his most recent one and how it became a success because of this mentorship.

So they go through, I think there's like six components of this that we actually talk about, you know, financing piece, the timeline piece of the rehab.

These six things we go through and to what was, so we have JP on it, what was JP doing in, you know, when he first started all by himself trying to figure it out, compared to when he had Aaron's, you know, mentorship to guide him through the last one.

And, you know, Aaron, pretty amazing. He's done over 140 deals, he says.

And JP, rookie investors started in 2020, doing his research at a house hack, and then started to get into house flips where he made mistakes, just like all of us do and wait until you hear the amount of debt that this put him into these mistakes.

And he, you know, super inspiring person, JP is, he tells us, you know, that that was his cost. That was his college, you know, that was what he had to pay to learn to become a real estate investor.

Yeah, so we cover, like Ashley said, we cover timeline contractors, budget, carrying costs, financing, and then finally taking that property to market.

And JP, who's the mentee here, talks about what he learned from Aaron to make this last deal successful. So lots of really good nuggets throughout this entire episode.

Alright, so before we get into the conversation, I just want to give a quick shout out to someone by the username of Mrs. Placid Chaos.

Placid Chaos, let's just say five star review on Apple Podcast and says, best podcast to get the info you need.

Real estate investing is something I've wanted to invest in for several years now, but I've been intimidated by the thought that I couldn't financially make it happen.

But this podcast has showed me so many different avenues that can be taken, and I'm confident I'll have that first property by the end of the year.

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