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Brian Davila Show - Real Estate Investing, Building Wealth, Faith Based

Pivotal Life Changes

Brian Davila Show - Real Estate Investing, Building Wealth, Faith Based

Wealthy Investor - Real Estate Investing, Real estate, Build Wealth, Faith Based

Flipping Houses, Wholesaling Real Estate, Business, Investing, Rental Property, Real Estate, Real Estate Investing

2.5884 Ratings

🗓️ 12 July 2023

⏱️ 10 minutes

🧾️ Download transcript

Summary

We want to coach you at Wealthy Investor! For a free consultation, go to https://wealthyway.co/jmi ______________________________________________________ Looking to grow in your faith and business? Join the premiere community for Christian entrepreneurs and business people. Develop your leadership, discipleship, and your faith at https://wealthyway.co/dyy Are you an entrepreneur who wants to build their personal brand on social media? Go to https://wealthyway.co/rj9 Want to utilize a full ...

Transcript

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0:00.0

as I'm mature as an investor and I truly am starting to think like an investor not like a hustler, flipper,

0:10.0

entrepreneur, like just as a investor.

0:13.2

I've bought a bunch of AirB&Bs in Joshua Tree.

0:17.2

I bought in a bunch of single family houses in Southern California, San Bernardino,

0:20.9

Riverside County, Banning, all over the place.

0:23.9

I've bought properties in Las Vegas, single family, multi family.

0:28.6

Now I'm like, okay, maybe I need to go to the Midwest and start buying these not cheap I don't want to buy

0:36.6

15,000 homes even though that sounds sexy to people I don't want to do that but maybe

0:41.6

these like 75 to 150,000

0:45.0

homes that actually produce some cash flow and are not that old

0:50.0

what do you think about that?

0:52.0

I like that strategy a lot. I'm not a huge fan personally of the Midwest because

0:57.2

I'm South-Southwest focused but I've also considered that because I don't like I definitely agree with you I don't like the houses are like 30 40,000 dollars that are never going to go up or maybe you go up a little bit and there's a high crime rate and you know it can mess up with cash flow with just one thing going wrong with the property.

1:14.0

So I don't disagree with you on that at all because those are, especially the party you said that are somewhat newer built.

1:22.0

The rentals that I'm buying in Southern California in the Palmdale Land. said that are somewhat newer built. Yes.

1:22.7

The rentals that I'm buying in Southern California

1:23.9

in the Palmdale Lancaster, Analog Valley area,

1:27.0

my buying criteria is 1990s.

1:29.8

It's overbuilt, and 19,

1:31.6

built after 1990s, at least three bedrooms, two baths,

1:36.2

with a certain kind of square footage.

1:38.0

And those have done really well and they perform well for me

...

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