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Epic Real Estate Investing

The Secret to Breaking Through Persistent Failure | 805

Epic Real Estate Investing

Matt Theriault

Business, Investing

4.7955 Ratings

🗓️ 14 October 2019

⏱️ 16 minutes

🧾️ Download transcript

Summary

"All of a devil has to do to win your soul is to convince you to start living right tomorrow.", Irish proverb

In today's, episode Matt reveals the secret to breaking through persistent failure. This key point will help you to reach your financial freedom using real estate. Tune in and find out more!

Transcript

Click on a timestamp to play from that location

0:00.0

Making offers and cashing checks.

0:03.0

What's New? What's next?

0:05.0

With Ashley Monteon.

0:07.0

Hey guys, what's up?

0:08.0

Ash here to bring you what's new and what's next at Epic Real Estate.

0:13.0

Let's get right into what's new, right into the winds,

0:15.0

my favorite part as always, and already here's what I have for you guys.

0:18.6

So Chris, he sold a fire damage single family home

0:21.8

that he purchased in June after renovating it to a

0:24.1

full turn key. He paid 57,000 rehabbed it for 38,000 and sold it for 125,000.

0:32.0

He put another fire damage single family home under contract to purchase.

0:36.0

He bought that one for 10,000, rehabbed it for 60,000,

0:40.0

and the ARV is 110,000.

0:42.0

A couple more wins for Chris here. He put four long-term holds under contract to sell.

0:47.0

He also said he's reallocating the equity into better ROI holds now that he's buying properties at a discount.

0:53.4

This will almost double his cash on cash return.

0:56.4

He converted four rent ready properties

0:58.7

that he'd renovated and intended to sell as long-term holds,

1:01.6

and two of them are tenanted so far.

1:04.0

And to finish it off he put out more offers this week than any in the past three months.

1:08.6

Wow big big week Chris love it.

1:11.1

Ricky he made three offers this week and one seller appointment.

...

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