How Much Real Estate Did We Buy in 2024? (Deals, Mistakes, and More)

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Nov 27, 2024

Dive into a rollercoaster year in real estate with tales of triumphs and blunders! Discover the pitfalls of hiring the wrong agents and contractors, and why one investing strategy was left behind. Hear how personal goals were met, or missed, amidst a tumultuous market. The hosts share insights on the importance of mentorship in hiring and reflect on lessons learned from challenging flips. As they brace for 2025, they emphasize resilience and community in the ever-changing landscape of real estate.

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ADVICE

Scaling Businesses

Scale businesses bottom-up, handling tasks initially yourself.
Gradually offload tasks as the business grows, providing better support.

INSIGHT

Outsourcing Pitfalls

Outsourcing prematurely can create future headaches.
Hands-on experience in all business aspects is crucial for effective management.

ADVICE

Reinvestment Strategy

Set aside money for experience improvements, similar to reserves and CapEx.
Reinvesting in existing properties can yield better returns than new investments.

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