The $50K House Secret Investors Don't Want You to Know | Antoine Martel DSH #653

Digital Social Hour

Sean Kelly

Self-improvement, Education

5 • 1.1K Ratings

🗓️ 21 August 2024

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

Discover the $50K House Secret Investors Don't Want You to Know! 🏠💡 Join Sean Kelly on the Digital Social Hour Podcast as he delves into the world of real estate with Antoine and Eric Martel. Learn how they flipped the market with their turnkey fix and flip model that buys houses for $50K, renovates them, and cash flows instantly! 😲✨ From the 2008 crash to navigating high interest rates, this episode is packed with valuable insights into the real estate game. Don't miss out on the secrets of cash flow success in the Midwest and how you can get started with just $15K. Tune in now and join the conversation! Watch now and subscribe for more insider secrets. 📺 Hit that subscribe button and stay tuned for more eye-opening stories on the Digital Social Hour with Sean Kelly! 🚀 #DetroitRealEstate #RealEstateTips #PassiveIncome #HomeBuyingGuide #RealEstateMarketTrends CHAPTERS: 00:00 - Intro 00:25 - How Antoine and Eric Started in Real Estate 05:00 - LinkedIn Ads for Real Estate 06:15 - Impact of Interest Rate Spike on Martel Turnkey 10:46 - Will There Be Another Real Estate Market Crash? 11:56 - Are We In a Recession? Insights and Analysis 17:55 - Current Selling Strategies in Real Estate 18:50 - How to Find Good Real Estate Deals 22:18 - Why They Chose High Volume in Real Estate 25:19 - Learning the Real Estate Business 28:03 - Background Needed to Raise Hard Money 29:00 - Understanding Hard Money Lenders 30:05 - Profit Sharing with Clients in Real Estate 30:46 - Additional Promotions and Offers 30:50 - Contact Information for Further Inquiries APPLY TO BE ON THE PODCAST: https://www.digitalsocialhour.com/application BUSINESS INQUIRIES/SPONSORS: [email protected] GUEST: Antoine Martel & Eric Martel https://www.instagram.com/martelantoine https://www.instagram.com/ericmartelofficial SPONSORS: Linkedin: https://www.linkedin.com/social Deposyt Payment Processing: https://www.deposyt.com/seankelly LISTEN ON: Apple Podcasts: https://podcasts.apple.com/us/podcast/digital-social-hour/id1676846015 Spotify: https://open.spotify.com/show/5Jn7LXarRlI8Hc0GtTn759 Sean Kelly Instagram: https://www.instagram.com/seanmikekelly/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	So with us we do like this turnkey fix and flip model. So we'll buy the house for 50k
0:05.6	renovated for 30k Put a tenant in place we're cash flowing we're good then we can find a buyer if, great, we make a profit, if we can't sell it, it doesn't matter to us.
0:17.0	You can get some better loans, lower rent, lower interest rate, no points.
0:25.0	All right guys got father-son combo here today, Antoine Martel and Eric Martel and
0:30.0	you guys are killing it in real estate, right?
0:32.0	Yep. Nice. right yeah of course how long you guys
0:35.0	been in the real estate game 10 years now wow so right after the oh eight
0:39.4	crash then we yeah so I was in college he was working full time when I was in college I moved on my classes to the nighttime so that throughout the day I can we went to a conference a real estate conference and then after that became addicted to real estate, moved my classes to the night time so that throughout the day I can work on the fix and flip business and then we would chat when he was off of work, when I was done with school, and then right out of college I started flipping we started
1:04.2	flipping houses buying rental properties but all in the Midwest and actually in the
1:09.2	beginning we were not with the intention was not to flip it was to build a passive income portfolio
1:14.4	for the family
1:15.8	and then it turned into a turnkey business shortly after that because there was a lot of
1:20.3	interest a lot of people that we knew were like I want to buy the property
1:25.1	when you're done with it like is it can I do that like and then Anton is like hey you
1:29.6	know what I think we have a business here we can actually flip these houses.
1:33.3	Yeah, it's not easy to do that though right?
1:35.1	No, no.
1:36.4	It's yeah I mean we take all the risk basically that was Martel turnkey and we
1:40.4	basically took all the risk the risk of the acquisitions the risk of the
1:44.9	construction the rehab the the rent all of that and then they are investors
1:50.0	the people that were buying the turn key rentals mean it was it was
1:53.4	cash flowing from day one there was a tenant it was recently renovated so most of the
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