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In this Real Deal episode of The Real Estate Investing School Podcast, Brody Fausett interviews real estate investor Blake Dailey about his journey from single-family rentals to commercial multifamily properties.
Blake shares how he overcame fear to buy his first eight-unit property, using creative seller financing and private money. He details the challenges of renovating a rundown motel during COVID-19—dealing with unreliable contractors, material delays, and problem tenants—before turning it into a profitable short-term rental.
Blake also dives into the mindset shifts needed for success, emphasizing confidence, strategic decision-making, and scaling up to bigger deals. He explains how he refinanced through a DSCR loan, repaid investors, and created strong cash flow. This episode is packed with insights on finding undervalued properties, structuring deals, and making bold moves in real estate investing.
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