Why (and how) Real Estate Investors Should Buy Businesses | Ep 107 w/ Travis Hanson

Dec 24, 2024

Travis Hanson, a successful real estate investor, attorney, and college professor, shares insights on balancing wealth and family. He discusses the excitement and strategies behind business acquisition in real estate investing. Travis reflects on his journey from a challenging background to success, emphasizing the importance of viewing real estate as a business. The conversation also explores the risks of business investments compared to real estate and highlights essential strategies for investors looking to diversify their portfolios.

01:29:02

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ANECDOTE

Early Real Estate Success

Travis Hanson bought his first house through HUD's Officer Next Door program, selling it for a substantial profit.
This fueled his real estate passion and provided capital for subsequent investments, buying houses for $30,000-$40,000 near universities.

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ADVICE

Real Estate Requires Dedication

Real estate riches require perseverance and significant time investment, not just quick profits.
Be prepared for nights, weekends, and consistent effort to build a substantial portfolio.

insights

INSIGHT

Real Estate as a Business

Travis Hanson views real estate as an active business requiring systems, not a passive investment.
He believes real estate's tax benefits are temporary due to recapture, unless properties are never sold or 1031 exchanged.

Get the Snipd Podcast app to discover more snips from this episode

Exploring Business Acquisition in Real Estate Investment

02:50 • 2min

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From Struggles to Success: A Real Estate Journey

04:31 • 23min

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The Risks and Rewards of Business Investments Compared to Real Estate

27:29 • 3min

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Navigating Entrepreneurship and Investments

30:51 • 11min

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Emerging Tech in Home Maintenance

42:02 • 4min

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Navigating Parenting in a Digital Age

46:08 • 17min

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Transformative Journeys: Weight Loss and Wellness

01:03:10 • 9min

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Strategies for Real Estate Investors to Successfully Buy a Business

01:11:41 • 3min

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Books, Growth, and Life Reflections

01:14:25 • 15min

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🎥 DESCRIPTION

In this episode, we dive deep into an incredible journey of scaling from zero to 650 real estate units and transitioning into buying multi-million dollar businesses. From humble beginnings as a police officer to building an empire in real estate investing and now acquiring thriving companies, this investor shares the step-by-step strategies, biggest lessons learned, and hard truths about balancing wealth, family, and ambition.

In This Episode, You’ll Learn:

How to scale from zero to 650 real estate units
The transition from real estate to buying multi-million dollar businesses
Key strategies for managing large-scale real estate portfolios
The pros and cons of tax strategies in real estate investing
How to balance business success with family life
Lessons learned from failures and pivots in entrepreneurship
Why service-based businesses are the next big investment opportunity
The mindset shifts needed to scale and sustain success
And SO MUCH MORE!

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