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498: Real Deal: BRRRR Deep Dive w/ Joe Asamoah (Pt 1)

BiggerPockets Real Estate Podcast

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Repetition Builds Mastery

Most banks don't want to lend on a nasty property. So i nurture and develop those relationships with his commercial banks, because the cost of financing there is cheaper. Commercial bank investes in personal funds. If you can drive your cost of finance down, you can also increase your profits. That way, it's the second profit center and all cost center theres e. Third one, o renovations, ye will talk about. And then the cost of the exit strategy, whether you're going to rent it or whatever, will sell it. I call it like, basically you're becoming a black belled investor, cause you're getting more rtion. Repetition builds mastery, is what

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