The Creative BRRRR Strategies Podcast

S1E108 - Real Estate Investment Principles

Joseph V. Scorese Season 1 Episode 108

Joseph discussed real estate investment principles, emphasizing the importance of having a clear exit strategy before purchasing a property and building a trusted team. He highlighted the need for continuous education and networking, mentioning his recent article comparing RIA and private networking groups. Joseph also shared his experience with a client who damaged their credit by ignoring advice on unsecured business lines, stressing the importance of playing the long game in real estate investing.

Joseph Martella, a tax lien investor and private lender, agreed with these principles, adding that new investors often make mistakes by bidding against homeowners in hot markets and ignoring cash-on-cash returns. Both speakers stressed the importance of due diligence, strategic planning, and building a reliable network in real estate investing.

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