Good morning,
Seller financing – magic words that open a world of possibilities. A world where cash flow, tax advantages, and ROI live harmoniously.
The savvy investor understands that in today’s high interest rate environment – you need to get creative with your financing. The good news is that there are a ton of loan products out there to help or you can build your own with the seller.
This week we have the pleasure of hearing from an investor who is solely focused on seller financing. It is my pleasure to introduce you to Floyd (aka TheInvestographer)!
How many doors do you have?
As of today I have 11 doors
What got you into real estate investing?
Time Freedom to be there for my kids and wife
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What market(s) do you operate in?
Indiana/Tennessee and looking to expand
How would you describe your portfolio?
SFH to Small Multi and a mix of LTR and STR
What are you currently buying?
Anything and Everything with Creative Financing
Tell us about your biggest mistake in real estate?
Overlooking getting the foundation inspected by a foundation specialist
Tell us about your biggest win in real estate?
Shifting my mindset and surrounding myself with the right people
Outside of real estate what else do you invest in?
Mentorships to keep growing
Books people should read before investing
Never Split The Difference – Learning how to negotiate will always be a necessary skill in this industry and can help you from having a good deal to a great deal.
What advice would you give to a new investor?
Continue to educate and invest in yourself, surround yourself with like-minded individuals, take daily, consistent action and don’t be afraid to ask for help. Keep failing forward because success is 99% failure.
Floyd | RE Investor — twitter.com
Being transparent as can be while being a Husband + raising 2 amazing kids | All things real estate investing + mindset
Enough Business
Elon Musk, Bill Gates, Steve Jobs, are aliens. This is not satire – they are not human. They’re all in the top 99.999% for both intelligence and work ethic. They can run circles around all of us because, again, they’re not human.
What is amazing is that people study and emulate these aliens. Literally studying how to go against their genetic grain. Elon can work for 100+ hours a week and execute at a high level indefinitely. One might point out that Elon’s domestic life has suffered due to him working at that level. It’s hard marrying an mortal.
Instead of idolizing and studying these highly successful genetic freaks – we look for someone with attainable success. People with a humble couple million instead of billion. A real estate investor who mastered buying properties off market. A business owner who built a successful company. A vice president of a local bank.
We should be finding people the closely match both our genetics (intelligence and work ethic) and our desired destination. You could be incredibly lucky and have Elon comment on one of your tweets. Or you could get lunch once a month with an investor running a 75 door portfolio. One will give you likes and one will give you knowledge.
Monday’s Podcast:
5 ADU Myths
