In E006, Aaron Suitor, a corporate pilot intent on becoming a real estate investor, interviews me and asks me the questions he has from the perspective of the ‘outside looking in’. Aaron asked some key questions covering the following:
- how do you find the right house or property to buy?
- what makes a good rental property?
- how do I get financing?
- what if I don’t have a down payment?
- is it better to be looking at single family or multi family properties?
- should I be selling to investors or homeowners?
- should I be adding value or practicing the standard ‘buy and hold’ investment?
- what makes a good ‘value-add’ property?
- how do I structure deals with contractors and should I pay a deposit?
- how do I apply this to my area?
Aaron, like many would-be investors, is concerned with the amount of time it would require for him to get started so we tackle the subject right on. At the end of the day, it comes down to your goals. Are you looking to secure retirement? or financial freedom now?
To invest you need to be confident. this might go against conventional wisdom of people saying ‘fake it till you make it’ and ‘sometimes you just need to start’. While there might be some truth to those notions, Andrew thinks about it a bit differently. Hopefully this episode will help you get a clearer picture. Please enjoy!
Aaron can be reached on instagram @thepilotaaron
Andrew Hines can be reached at andrew@andrew-hines.com
Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free
