JF907: How to Transform an SFR into a Duplex #SituationSaturday

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7 • 996 Ratings

🗓️ 25 February 2017

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

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Summary

Abracadabra! Transforming a single family home into a duplex could bring in some magical returns! Hear how our guest saw a need in Michigan for housing and doubled his cash flow. Best Ever Tweet: Double the value your are given. Charlie Kao Real Estate Background: - Owner of iBuyHousesMichigan - Began real estate investing after moving to California and worked with clients who were investors - Has purchased 19 homes since moving to Michigan in 2008 - Invests in variety of homes but his niche is non certified condos and homes off busy roads or next to graveyards - Currently working on building wholesaling business and expanding network - Based in Grand Rapids, Michigan - Say hi to him at http://ibuyhousesmichigan.com/ 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. Download your free copy at http://www.fundthatflip.com/bestever Subscribe in iTunes and Stitcher so you don’t miss an episode! https://www.youtube.com/channel/UCwTzctSEMu4L0tKN2b_esfg 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.
0:23.0	InvestHERCON is not just another real estate conference.
0:27.0	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-G-O-K-G-O-K-O-K-O-Kom,
1:00.6	Promo-G-O-G best ever to get get $100 off your ticket.
1:05.0	While single family homes,
1:06.8	generally you don't sell well when you market it as a single family home to families.
1:11.0	For rentals, they generally market very well because we have a lot of fun days so people can see it all
1:16.2	times, easy access to roads.
1:18.2	Before we get into today's episode, I want to mention today's best ever partner and give you a free gift and that partner
1:25.0	is fun that flip and they're going to be giving you a free deal analysis
1:29.3	spreadsheet you know who fun that Flip is, don't you?
1:32.6	Because you're loyal Best Dev a listener.
1:34.6	They've got a sponsor on the show.
1:35.9	Matt Rodak, the founder of Fun That Flip has been on the podcast multiple times.
1:40.8	Given us his insight on the online lending process.
	...

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