How Myron Purchased A Triplex! Do's And Don'ts Of Real Estate

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⏲️ TIME STAMPS ⏲️
00:00 : Intro, Announcements, Plugs https://ffspiritbomb.com
03:22 Introducing the guest: Roger Lissade 04:26 Myron’s goals with real estate and only cares about cashflow
07:17 The importance of cashflow and appreciation and Myron’s first property
10:52 Driving around your property before you invest
11:48 Super Chats
13:48 Some cheat codes for choosing properties
16:05 How they found the first property
17:11 Its so important to check the utilities
20:28 The mistakes made missing out on a deal
23:48 What is permitting
25:06 Walking through the process of the appraisal and the importance of permits
27:51 The factors of why its difficult to get into Miami real estate in the last year
29:29 Myron’s “stupid” mistake for another property
33:54 Super Chats
34:35 Getting tenants
36:04 Making sure the city of Miami was following through
37:14 Closing the deal without getting the keys!
42:25 The secret of Miami is out
44:02 You can make it in Miami when you don’t spend too much
44:48 Final numbers for the close
46:14 The benefits of real estate
47:08 Inflation is here!
52:11 You need a mentor in real estate
53:10 Getting commercial loans
55:01 The goal of rental properties and debt
57:48 How to get into commercial real estate
58:40 DC is a hot market
59:04 Buying properties with LLC
1:01:44 Having $5K in the bank what to do?
1:02:35 Is it good to use a personal loan when you don’t have capital Full Plan
1:05:04 Getting into Miami with only $20k-$30k
1:06:24 SCorp or LLC?
1:08:00 Buying and selling land
1:08:29 Having a 401K now is an L
1:10:39 Getting good consultation
1:10:57 Getting a VA loan
1:11:43 401K is not the way to get rich
1:13:34 Having a maximum number of tenants
1:14:48 Final Thoughts
1:15:02 Show Wrap Up