On this episode of the Millionaire Podcast we talk to Michael Earley, real estate investor and brokerage firm owner. Michael talks about how he successfully wholesales real estate deals and now flips real estate in the Philly market. Michael also talks about how he has created a vertically integrated real estate conglomerate that handles construction, wholesaling and retail brokerage.
Key points from the show:
Find deals 60-65% below after repair value
Look for market value comps as well as as is comps
Find the ugly house
Walk the neighborhood
Don’t put the buyer and seller in the same room
I can’t remember every dollar I made but I can remember every dollar I lost
Know your numbers
Michael can be found here:
www.facebook.com/michael.earley.372
www.instagram.com/realestate_nupe