3min chapter

Tech Nest: The Proptech Podcast cover image

Full-Service, Passive Real Estate Investing Platform with Andrew Luong, CEO of Doorvest

Tech Nest: The Proptech Podcast

CHAPTER

How to Create a Product That Helps Cover the Gap Between Sales and Investment

I was just here for the fact that maybe I could help some people get into real estate. It took some time and it was a very slow drip. Some of it came with a naivete about how to build a business, et cetera. So we kind of start with the consumer. How much do they have saved up as a down payment or allocated towards real estate? We'll source homes, generally off market, generally through wholesalers,. Generally need really heavy renovations, bring the homes back to the consumer. They'll tell us yes or no. And then we'll keep going until they say yes.

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