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The Best Ever CRE Show

JF448: How He Started with Nothing and Made 12 Million in Real Estate Part Time

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7 • 996 Ratings

🗓️ 24 November 2015

⏱️ 39 minutes

🧾️ Download transcript

Summary

He recently sold a property for six times the amount he bought it for! He's says it wasn't a difficult thing, just a series of wise decisions and being in the right place at the right time. Our Best Ever guest had a 90% LTV for property number one, and now pays cash years later. He looked into certain types of inspections that would give him an edge on negotiating a deal. Being savvy in the development space, he could purchase "unbuildable" lots and make them build-able. $12 million dollars later...he's now looking to liquidate. You have to hear his 40 years of experience in this show! Best Ever Tweet: Get as much knowledge as you can about properties…try to minimize mistakes and making errors. David Krulac's Real Estate Background: Bought and sold over 900 properties for her own personal inventory Wrote a 342 page book titled, How I Started with Nothing and Made $12 Million in Real Estate Say hi to him at 12milliondollarbook.com and www.centralpennlots.com Based in Mechancicsburg, PA (outside of Harrisburg) 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 http://www.fundthatflip.com/bestever. What’s the Best Ever health plan for YOU? Go to http://www.stridehealth.com/bestever and find a better health plan in 10 minutes or less. On average you’ll save $418 on coverage and care. 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-G-G-O-K-G-K-K-K-K-K-K-K-O-K-Kom,

1:00.6

Promo-Kod 100 best ever to get $100 off your ticket.

1:05.0

So right there, there's three mistakes.

1:07.0

There was too many partners, not getting the lawyer involved,

1:10.0

and then not negotiating even in our own interest.

1:15.0

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

1:21.0

I want to mention Fun That Flip, because Fun That Flip is an online lender

1:26.1

that gives you fast, convenient access to really affordable money that you need for your Flip project. So if you're doing residential

1:35.0

flips then the main thing I imagine that you're focused on or the main two things

1:40.6

are the deal and the money. So if you've got the deal pipeline but

1:46.3

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

1:58.7

fund that flip dot com forward slash best ever the the founder of fun that flip is Matt Rodac and he's actually

2:07.4

one of my very first guests on the show it's episode number seven

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