*The giveaway has now closed. One of the most impactful wealth-building strategies is learning how to assess potential real estate investments. In episode twelve of Wealth Series 2.0, Ben Kinney, Bob Stewart, and Chad Hyams speak with seasoned real estate investor Brian Gubernick, who shares his checklist for exploring new markets plus strategies to structure investment deals.
Disclaimer: You should not use our advice to make financial decisions. We highly recommend you seek professional advice from someone authorized to provide investment and retirement advice.
In this episode, we cover the following:
- Brian’s first real estate investment [5:40]
- Figuring out a strategy [8:02]
- Understand why you are investing [10:04]
- Cash flow, appreciation, and equity [11:09]
- Investing locally and out of state [13:33]
- Government jobs and property regulations [18:58]
- Hospital jobs and access to health care [22:12]
- Higher education jobs and student renters [24:15]
- Researching migration patterns [26:28]
- School systems [31:30]
- Rents versus current values [32:38]
- 1% rule scenario [34:02]
- Tucson deal [36:06]
- Added value tips [43:40]
- Budgeting financially and mentally [46:17]
- Birmingham deal [46:15]
- Establishing relationships with local banks and agents [51:38]
- BRRR method [53:01]
- Mobile home creative finance deal [54:01]
- Ben’s list of real estate investing books [1:07:51]
Resources discussed in this episode:
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