On this episode of the Millionaire Podcast we talk with the founder of Hood Estates a real estate investment company that successfully buys, rehabs and rents in areas where most people say you can’t.
In the beginning of the show we discuss how the founders made a ton of money flipping properties before the crash, lost it all but successfully bounced back. We discuss how they bought a 175 unit hotel, flipped it and now own numerous properties in the Jacksonville area.
Key points from the show:
Everyone needs somewhere to live
Make sure you board up the property every night
Get to know the neighbors
If you rehab ti they will rent it out
Let the deal pay for the improvement of the deal
“I haven’t used a bank in years”
Clean safe and functional rehabs
Hood estates can be found here:
www.instagram.com/hoodestates