(Watch the YouTube video of this episode here)

In this episode, we discuss the significance of consulting experts and share insights into four intriguing properties we are evaluating. From a haunted house teardown project to challenging foreclosure deals and a promising mobile home investment, learn about the strategic thinking, financial considerations, and decision-making processes involved in these potential investments.

// Key Moments

• 00:00 Introduction to Furlo Capital Real Estate Podcast
• 01:43 Exploring Four Potential Real Estate Deals
• 02:31 Deal 1: The Haunted House
• 09:43 Deal 2: The Foreclosure in Salem
• 15:43 Discussing Mortgage Rates and Time Management
• 16:32 Analyzing the Fourplex Property
• 18:02 Exploring the Brownsville House
• 26:52 Mobile Home Investment Opportunity
• 29:07 Conclusion and Final Thoughts

//Key Lessons

1. Know when to pivot: James’ haunted house deal teaches us that sometimes, shifting strategies, like paring down from 40 units to eight, can make an otherwise impossible deal work in the current market.
2. Real estate is a relationship game: Whether it’s getting a free breakfast or negotiating with park owners, building relationships can be just as important as closing deals.
3. Don’t get attached to potential: Like the builder couple with grand visions, it’s easy to fall in love with a project’s potential, but if the numbers don’t add up, it’s time to walk away.
4. Keep the long-term in mind: The mobile home deal for a dollar shows that even small, seemingly insignificant deals can become profitable when you consider the broader strategy and relationships, like the park owners who just want their lot rent.
5. Don’t ignore red flags: The development project with all the red flags, like unapproved tree clearing, reminds us that ignoring warning signs can lead to bigger problems down the line.

// Let's build your wealth and improve housing, together.

I'm James Furlo. I live in Oregon, where I help people invest in real estate passively. Over the last 14 years, I've purchased over $4 million in real estate, and I’m excited to give you the opportunity to partner with us and experience the joy of building wealth while improving housing.

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// Disclaimer

Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors.