5 • 910 Ratings
🗓️ 4 July 2023
⏱️ 51 minutes
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0:00.0 | What I'm telling these people is that it's not so complicated? |
0:04.3 | I think we end up complicating it because what do you mean I can make $20,000 on a piece of paper? |
0:09.8 | Yeah, even though some people make $50,000, $ 100k a year, you made that in minutes. |
0:17.0 | Welcome to the Rich Drummers Report, where we talk real estate, business, and wealth |
0:20.6 | building, all while keeping it real. |
0:22.4 | No fluff, no BS. I hope that you enjoy the show. |
0:30.4 | All right guys welcome to another episode of the report. Today we are here in the studio and we got some sunshine in San Diego about to head into the 4th of July weekend and I got a special guess. He is a wholesaler, a flipper, a real estate broker and an investor. I got my man, Omar, |
0:48.8 | Alfaro. |
0:49.8 | Omar, welcome to the show. What's up, man? I appreciate you having me. Thank you, Rich. |
0:53.3 | Yeah, man, I appreciate you taking the drive down |
0:55.2 | here from Orange County this morning. |
0:57.8 | And yeah, I'm excited to dig into your story, your conversation. |
1:01.4 | But for the listeners, why don't you tell us a little bit about what you do today in the real estate space? |
1:05.7 | Cool, well again, guys, what's happening? My name's Omar Alfaro, and I've been in the real estate game for 21 years, got licensed in |
1:13.5 | 02, and then started representing buyers sellers. |
1:17.3 | And we buy houses, we flip houses, we hold rentals, |
1:21.6 | we have STRs, and we do some development as well. |
1:25.0 | And yeah, and we help others along the way to probably not make the mistakes that I made along the journey. |
1:32.0 | So if we can help you, you know, follow |
1:34.6 | along. I like that and this man's got a very awesome suit. Thanks man. Yeah, very |
1:39.9 | very, very impressed. But anyways, man, so tell me today with the interest rate environment that we're in you know everything that's going on in the economy right now how is everything affecting your business right now? |
1:50.0 | Well obviously from 20 2020 to 2021, |
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