Get Creative with Pace Morby

Leveraging Connections: How Lucas Ludgate Closed His First Deal

Feb 14, 2025

28:09

Welcome to a new episode of Get Creative! In this episode, host Jordan Whittenburg sits down with Lucas Ludgate, a sub two and Gator student, to discuss his journey into real estate investing and his recent success as a connector in the New York area. Lucas shares his background, the steps he took to get his first deal, and the valuable lessons he learned along the way, including navigating challenges and the importance of building relationships within the real estate community.

Highlights:

"You have to look at every single thing yourself, and you need to physically see it with your own eyes. You know, don't trust what anybody says."

"It was just really getting out of your comfort zone, putting yourself out there. And the funny thing is, once you start doing that, things just start happening."

"The more you put yourself out there, the more that comes back to you, and that's what I've really learned."

"You got to do what you got to do, and here I am putting myself out there."

Timestamps:

02:02 - Lucas Ludgate's Background and Transition to Real Estate

03:34 - Leveraging Previous Experience in High-Stress Environments

04:02 - Lucas's First Deal as a Connector in New York

07:32 - Navigating the Deed Issue and Resolving the Challenge

11:35 - Importance of Thorough Due Diligence

14:46 - Keeping the Deal on Track Despite Setbacks

16:54 - Emotional Rollercoaster of Real Estate Investing

19:51 - Structuring the Deal and Community Involvement

22:35 - Lucas's Focus on Funding PML Deals