Chuyển sang chế độ ngoại tuyến với ứng dụng Player FM !
Triple BRRRRs with Willie Mandrell
Series đã xóa ("Feed không hoạt động" status)
When? This feed was archived on December 08, 2022 17:39 (). Last successful fetch was on November 04, 2022 13:05 ()
Why? Feed không hoạt động status. Server của chúng tôi không thể lấy được feed hoạt động của podcast trong một khoảng thời gian.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 304634912 series 2466103
Willie Mandrell has been a buy & hold real estate investor out of Boston for the past 15 years. His niche is distressed three family buildings which he attempted to purchase at 60 cents on the dollar. From there, he fixes them up, rents them out, refinances shortly after, and repeats the process. He loves it.
In this episode, Willie shares how he turns undervalued and worn-out properties into sources of steady cash flows.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 17 minutes from today's episode:
- Learn how to knockout competition in the market
- Find out tips for buying properties not from MLS or directly from sellers
- Find out how you keep cash flowing from worn-out properties
Resources/Links:
- Cash Flow Secrets: Real Estate, Investing & Wealth Management Principles They Failed To Teach by Willie Mandrell: https://www.amazon.com/Cash-Flow-Secrets-Management-Principles/dp/1734960906
Topics Covered:
- 01:38 - What his investment strategy is
- 04:24 - Where he finds his property deals
- 05:28 - Why he does not get properties from MLS or going directly to sellers
- 07:16 - The turnaround for his rehabbed properties
- 09:00 - Taking properties as vacant and what he does when there is tenancy involved
- 11:16 - What the cash flows look like for his properties
- 14:24 - How much is the rental for a three-bedroom house, and how much revenue do you get
Key Takeaways:
"I do everything I can to make sure the building is delivered vacant. And if we don't have it vacant, what we do is allot cash for keys, and cash for keys is essentially just going back to the tenant and just buying them out." - Willie Mandrell
"I want to knock out a lot of the competition. If I was just looking for cosmetic renovations, paint, and carpet as we call it, then my competition is high because most investors can do that. What I go and look for is stuff that you won't even be able to live in, like a war zone." - Willie Mandrell
"What we're doing instead of chasing the market, trying to buy rent-ready stuff, we go and buy bad windows, bad roofs leaking heating systems or bad electrical needs to be updated." - Willie Mandrell
Connect with Willie Mandrell:
- YouTube: http://youtube.com/wmandrell
- Instagram: http://instagram.com/wjmandrell
- Facebook: http://facebook.com/wmandrell
Connect with Dave Dubeau:
- Podcast: http://www.propertyprofitspodcast.com/
- Website: https://davedubeau.com/home
- Investor Attraction Workshop: http://www.investorattractionworkshop.com/
- Facebook: https://www.facebook.com/thedavedubeau
- LinkedIn: http://linkedin.com/in/davedubeau
Enjoyed the Podcast?
Please subscribe on iTunes for updates
364 tập
Series đã xóa ("Feed không hoạt động" status)
When? This feed was archived on December 08, 2022 17:39 (). Last successful fetch was on November 04, 2022 13:05 ()
Why? Feed không hoạt động status. Server của chúng tôi không thể lấy được feed hoạt động của podcast trong một khoảng thời gian.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 304634912 series 2466103
Willie Mandrell has been a buy & hold real estate investor out of Boston for the past 15 years. His niche is distressed three family buildings which he attempted to purchase at 60 cents on the dollar. From there, he fixes them up, rents them out, refinances shortly after, and repeats the process. He loves it.
In this episode, Willie shares how he turns undervalued and worn-out properties into sources of steady cash flows.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 17 minutes from today's episode:
- Learn how to knockout competition in the market
- Find out tips for buying properties not from MLS or directly from sellers
- Find out how you keep cash flowing from worn-out properties
Resources/Links:
- Cash Flow Secrets: Real Estate, Investing & Wealth Management Principles They Failed To Teach by Willie Mandrell: https://www.amazon.com/Cash-Flow-Secrets-Management-Principles/dp/1734960906
Topics Covered:
- 01:38 - What his investment strategy is
- 04:24 - Where he finds his property deals
- 05:28 - Why he does not get properties from MLS or going directly to sellers
- 07:16 - The turnaround for his rehabbed properties
- 09:00 - Taking properties as vacant and what he does when there is tenancy involved
- 11:16 - What the cash flows look like for his properties
- 14:24 - How much is the rental for a three-bedroom house, and how much revenue do you get
Key Takeaways:
"I do everything I can to make sure the building is delivered vacant. And if we don't have it vacant, what we do is allot cash for keys, and cash for keys is essentially just going back to the tenant and just buying them out." - Willie Mandrell
"I want to knock out a lot of the competition. If I was just looking for cosmetic renovations, paint, and carpet as we call it, then my competition is high because most investors can do that. What I go and look for is stuff that you won't even be able to live in, like a war zone." - Willie Mandrell
"What we're doing instead of chasing the market, trying to buy rent-ready stuff, we go and buy bad windows, bad roofs leaking heating systems or bad electrical needs to be updated." - Willie Mandrell
Connect with Willie Mandrell:
- YouTube: http://youtube.com/wmandrell
- Instagram: http://instagram.com/wjmandrell
- Facebook: http://facebook.com/wmandrell
Connect with Dave Dubeau:
- Podcast: http://www.propertyprofitspodcast.com/
- Website: https://davedubeau.com/home
- Investor Attraction Workshop: http://www.investorattractionworkshop.com/
- Facebook: https://www.facebook.com/thedavedubeau
- LinkedIn: http://linkedin.com/in/davedubeau
Enjoyed the Podcast?
Please subscribe on iTunes for updates
364 tập
Tất cả các tập
×Chào mừng bạn đến với Player FM!
Player FM đang quét trang web để tìm các podcast chất lượng cao cho bạn thưởng thức ngay bây giờ. Đây là ứng dụng podcast tốt nhất và hoạt động trên Android, iPhone và web. Đăng ký để đồng bộ các theo dõi trên tất cả thiết bị.