- Investing In Discount Real Estate with David Dodge Melanie Johnson & Jenn Foster 24:34
Jenn Foster and Melanie Johnson co-owners of Elite Online Publishing, interview David Dodge about how to get into discount real estate investing to make a long-lasting profit.
What You’ll Learn in this Episode:
- How to find cash for your investment property.
- How to become a real estate investor full time.
- How to find properies to buy.
“Lesson number one, you make your money when you buy, you get paid when you sell. Lesson number two, is marketing.” (05:51)
“Real estate investing is buying something and making it pretty, making it nice, fixing it, updating it, and then turning around and selling it for a profit or buying something, often fixing it up, which I like to do in the beginning, and then keeping it and renting it out.” (08:51)
“At the end of the day, where that cash comes from is irrelevant. It doesn’t have to be my cash. It could be a lender’s cash. It could be a private lender. It could be a hard money lender. It could be another investor that has cash. It could be another investor that has a private lender or a hard money lender. Doesn’t matter how that money gets to the title company. When the seller walks out, they’re walking with cash.” (18:26)