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BiggerPockets Real Estate Podcast

418: 14 Deals in 16 Months: How Alex Camacho Found his Mastery in Deal Finding

BiggerPockets Real Estate Podcast

BiggerPockets

Investing, Education, Business

4.816.6K Ratings

🗓️ 19 November 2020

⏱️ 69 minutes

🧾️ Download transcript

Summary

Alex Camacho has had quite an interesting career path, and he’s just getting started! From a bank teller, to the mortgage business, to property management, and even Airbnb arbitraging, Alex took his time in acquiring the skills to succeed in real estate. In this episode, you’ll hear Alex talk about how he became successful at locking down deals, finding the “pain points” of sellers, and how to have empathy when closing. You’ll also hear how he analyzed over 5,000+ deals, leading him at one point to close on 8 deals in one month (seriously!) You’ll hear Alex go through his off and on-market strategies, and how to steer clear of deals that won’t make the cut. In just 16 months on his own, he’s done 14 deals, some with six-figure profits (each), and how he’s using social media to get even more! In This Episode We Cover: The importance of apprenticeships in real estate The art of saying “no” as you grow into your role Why it’s crucial to surround yourself with high-level investors and entrepreneurs How to get great at analyzing deals, so you can close on the best ones! Using the “LAPS” funnel to drive leads and grow your portfolio Finding the “pain points” sellers have, and how to empathize with them Using social media as a tool, instead of a distraction And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Keyword Alerts BiggerPockets Podcast 315: How to Read Human Nature to Succeed in Life with Bestselling Author Robert Greene BiggerPockets Podcast 398: 22 BRRRR Properties in Under 10 Hours Per Week with Tarl Yarber BiggerPockets Webinars BiggerPockets Calculators BiggerPockets Pro BiggerPockets Podcast 320: Hands-On BRRRR Investing and DIY Secrets with Instagram Star Brittany Arnason BiggerPockets Podcast 292: 200+ Deals in the First Four Years with Ryan Pineda Check full show notes here: http://biggerpockets.com/show418 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is the BiggerPockets Podcast Show 418.

0:04.0

Because if you could find a great deal,

0:06.0

it's amazing to partner up with someone

0:08.0

and that's where you hear people say,

0:09.5

hey, you can do real estate without none of your own money

0:11.5

because if you are good at

0:13.0

finding deals then you don't need the money just go out there and

0:16.0

consistently find good deals. You're listening to bigger pockets radio

0:19.8

simplifying real estate for investors large and small.

0:24.0

If you're here looking to learn about real estate investing, without all the height,

0:28.0

you're in the right place.

0:30.0

Stay tuned and be sure to join the millions of others who have benefited from bigger pockets.com.

0:36.0

Your home for real estate investing online.

0:39.0

What's going on everyone? It's Brandon Turner, host of the BiggerPockets podcast here in the Sea Shedd out in Maui, with our guest today,

0:46.3

but we'll bring him in in just a second, and also with my co-host, Mr. David Green,

0:51.1

David Green, I miss you buddy, I wish you were out here in Hawaii.

0:54.0

You got to come out and see me.

0:55.0

We need to make it happen.

0:56.0

I think the quarantine laws have relaxed a little bit.

0:58.0

They have.

0:59.0

As long as you get tested before you fly to Hawaii, you're good.

1:01.0

That's exactly it.

...

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