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The Best Ever CRE Show

JF405: Banker Goes FLIPPIN’ Crazy!

The Best Ever CRE Show

Best Ever CRE

Investing, Entrepreneurship, Business

4.7996 Ratings

🗓️ 12 October 2015

⏱️ 38 minutes

🧾️ Download transcript

Summary

He even draws blood! Previously a banker, phlebotomist, and currently a licensed broker, our Best Ever guest is fixing and flipping homes in the New York market. He knows the retail side of real estate, but in 2008 he was determined to turn it up a notch and rehab and resell properties. Our Best Ever guest doesn’t tolerate low returns, his expectations are much higher…hear how high!   Best Ever Tweet: Doing what you love and what you’re passionate about is the route to go!   Eric Stutz’s real estate background: Based in Long Island, New York Full time real estate investor and licensed real estate broker Banker by trade and used to work for JPMorgan Chase in the MBS Department Also a buy and hold investor Has done student housing, fix and flips and participated in syndicated deals He averages between $75,000 - $80,000 per flip     Subscribe in iTunes  and  Stitcher  so you don't miss an episode! Made Possible Because of Our Best Ever Sponsors: You find the deals. We’ll fund them. Yes, it’s that simple. Fund That Flip is an online lender that provides fast and affordable capital to real estate investors. We make funding your projects easy so you can focus on what you do best…rehabilitating homes. Learn more at www.fundthatflip.com/bestever. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Did you know that within a decade women will hold $30 trillion in investable assets?

0:05.3

Yet somehow only 19% of women reported feeling confident in selecting investments that align

0:11.0

with their long-term goals. Our friends at Invest Her are out to change. that and it's happening June 2nd through the 4th in Austin, Texas.

0:23.7

InvestHircon is not just another real estate conference.

0:27.1

It's a transformational experience focused on real estate investing,

0:31.0

business strategies, and self-care tactics, all designed to help women take

0:35.5

control of their financial futures. Gain the knowledge and skills you need to grow

0:40.0

your portfolio and build a sustainable business all while connecting with over 500 women who are playing at the same level.

0:48.0

To learn more and to get your tickets, visit InvestHERCON.com today and use the code 100 best ever to get $100 off your ticket.

0:56.6

That's Invest Her, H-E-R-K-D-K-G-K-G-G-O-K-G-K-K-K-K-K-Kom, promo code 100 best ever to get $100 off your ticket.

1:05.0

Broke into the house, change the locks, and she's been living in this house in contract

1:10.0

for the past four months.

1:12.0

Best ever listeners before we get into today's episode in the interview with our best ever

1:17.2

guests, I want to mention Fun That Flip, because Fun That Flip is an online lender that gives you fast, convenient access to really

1:26.0

affordable money that you need for your Flip project.

1:30.3

So if you're doing residential flips, then the main thing I imagine that you're focused on, or the main two things, are the deal and the money.

1:40.0

So if you've got the deal pipeline, but you need access to cash and you want to build a reputation within a group that will continue to invest their dollars into your deals then go to fund that flip

1:56.2

dot com forward slash best ever the the founder of fun that flip is Matt Rodac and he's actually one of my very first guests on the show.

2:06.4

It's episode number seven. So if you have a chance go check that out too, familiarize yourself

2:10.5

with Matt and what he's all about but when you're needing money and you

2:16.8

want an online lender that provides fast convenient access to affordable capital

2:21.9

for your flipping projects then fun that flips the way

...

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