REI177: Building Wealth One Deal at a Time w/ Patrick Donley
The Intrinsic Value Podcast - The Investor’s Podcast Network
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How I Changed My Strategy Over Time
Nick: How did your strategy of all over time? It sounds like you were doing a little bit of your fix and flip, but then you'd stabilize them, rent them out. Were you starting to try and take some equity out of these properties, refinance them and grow up portfolio? Nick: I was just buying stuff for 10, 12, $14,000 fixing them up, putting tenants in. In a lot of cases, I would do like a renovation that would be to the point where like what I would do if I were to sell it to a first time home buyer.
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