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A real estate investor who owns a house buying company that flips 300 houses in St. Louis shares three different options for making money with a distressed property. The first option is wholesaling, which involves finding a distressed property, getting it under contract to purchase, and then selling the contract to another investor for a profit. The second option is fix and flip, which involves buying a distressed property, fixing it up, and selling it for a profit. The third option is to keep it as a rental, which involves buying a distressed property, fixing it up, and renting it out for a profit. The host also discusses the Burr method, which involves buying a distressed property, fixing it up, renting it out, refinancing it, and then using the money to buy more properties. The host recommends scaling your real estate investments by creating systems, getting coaching, taking action, increasing your lead flow, and getting extra funding. He notes that scaling takes time and effort, but it is essential for creating financial freedom. The host encourages viewers to follow him on various social media platforms for more free content.
A real estate investor who owns a house buying company that flips 300 houses in St. Louis shares thr