Live Q&A - Seller Negotiation Strategies, Out-of-State Rentals, and is the BRRRR Strategy Dead

Live Q&A - Seller Negotiation Strategies, Out-of-State Rentals, and is the BRRRR Strategy Dead

Author: Inspiring interviews with today's most successful real estate investors! November 17, 2022 Duration: 39:26

Highlights From The Show:

Welcome to this version of the Just Start Real Estate Podcast! I am excited to bring you another replay of my Live Question and Answer sessions. For those people that are unable to join us live, this will provide an opportunity to hear the awesome questions I am fielding about business, taking risks, real estate, and so much more!

 

This presentation is the live Q&A that I did the week of November 2nd and each Thursday we will offer you another chance to take advantage of listening to the answers to our guests’ fabulous and compelling questions! Don’t miss this new episode of the Just Start Real Estate Podcast!



Notable Quotes:

“The deals are out there.”

 

“There is nothing like getting something for free that normally costs money.”

 

“Your business is dying, and will be dead soon, if you don’t get more leads.”

 

“Direct mail is one of the very best lead sources you will ever find.”

 

“If you have a long-term rental that someone occupies for a year or two, you can almost guarantee that the carpeting is going to be a disaster at that point.”

 

“You can fortify the materials in your rentals against getting destroyed or you or your property manager can do regular inspections.”

 

“If you want to reduce your turnover costs, inspect the property on a regular basis.”

 

“That is absolutely happening a ton all over the place.”

 

“The BRRRR strategy is not dead.”

 

“This is the time that it becomes easier to buy a house at 50% of ARV.”

 

“Some people want a unique, Instagrammable property for short-term rentals.”




Thank You for Listening!

 

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More Resources From Mike:


Mike Simmons hosts Investor Cheat Code Podcast, a series built on the idea that the most effective strategies are often the personal ones not found in any textbook. The concept is simple: in video games, a cheat code is a hidden key that unlocks advantages, and this podcast applies that same principle to building wealth through property. You’ll hear inspiring interviews that go beyond surface-level advice, diving into the specific routines, mental frameworks, and sometimes counterintuitive tactics that today's most successful real estate investors actually use in their daily operations. Each conversation is designed to uncover those nuanced habits-the real cheat codes-that have led to tangible results for top performers. Rather than offering generic tips, this podcast focuses on the actionable and often overlooked details that can accelerate your journey. It’s for anyone interested in the practical realities of investing, entrepreneurship, and business growth, delivered through candid discussions that feel like you're getting direct access to a mentor's playbook. Tune in to discover how subtle shifts in strategy and mindset can unlock new levels of opportunity in your own portfolio.
Author: Language: English Episodes: 100

Investor Cheat Code Podcast with Mike Simmons
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