Jenn Foster and Melanie Johnson co-owners of Elite Online Publishing, interview David Dodge about how to get into discount real estate investing to make a long-lasting profit.
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What You’ll Learn in this Episode:
- How to find cash for your investment property.
- How to become a real estate investor full time.
- How to find properties to buy.
“Lesson number one, you make your money when you buy, you get paid when you sell. Lesson number two, is marketing.” (05:51)
“Real estate investing is buying something and making it pretty, making it nice, fixing it, updating it, and then turning around and selling it for a profit or buying something, often fixing it up, which I like to do in the beginning, and then keeping it and renting it out.” (08:51)
“At the end of the day, where that cash comes from is irrelevant. It doesn’t have to be my cash. It could be a lender’s cash. It could be a private lender. It could be a hard money lender. It could be another investor that has cash. It could be another investor that has a private lender or a hard money lender. Doesn’t matter how that money gets to the title company. When the seller walks out, they’re walking with cash.” (18:26)
About David Dodge:
David is from St. Louis Real Estate Investor with over 18 properties when he was in college, at the age of 20 while attending The University of Missouri-Columbia. He specializes in Wholesaling Real Estate as well as using The BRRRR Method to acquire Rental Properties with NONE of my own money! David also LOVES teaching others how easy it is to learn how they too can wholesale Real Estate for huge profits & how they can use OPM to buy rental properties!
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Video URL: https://youtu.be/ILolHbkWMlM