In episode 3 of The Dealpen, Avi Rasowsky interviews David Alexander, a real estate investor, as he shares his journey from t-shirt business failures to successful real estate investing. In this episode, David breaks down the details of how he transitioned from wholesaling to building a portfolio of owner-finance notes, showcasing the financial benefits of his strategy.

Tune in to discover the power of delayed gratification and the art of creating self-liquidating deals in real estate investing.

TIMESTAMPS

[00:02:10] Starting a Business Journey.

[00:06:01] Discovering Mortgage Notes.

[00:10:17] Real Estate Market Challenges.

[00:14:28] Creative Real Estate Financing Strategies.

[00:18:10] Entrepreneurial Strategies and Lessons.

[00:22:45] Business Mindset and Pricing Strategies.

[00:24:16] Self-Liquidating Deals

[00:27:53] Delayed Gratification.

[00:31:59] Building Wealth through Wholesaling.

[00:39:07] Real Estate Financing Strategies.

[00:41:27] Real Estate Investment Strategy.

[00:50:47] Mastermind Events and Pricing.

[00:53:53] A Supportive Real Estate Community.

[00:57:13] Landlording vs. Owner Finance.

[01:00:08] Tax System Insights.

[01:06:46] The Long-Term Financial Strategy.

[01:11:47] Owner Financing in Real Estate.

[01:13:37] Creating Wealth without a Job.

[01:18:34] Believing in Wealth Mindset.

[01:22:49] Becoming a World-Class Marketer.

[01:26:47] Creating Wealth from Chaos.

[01:30:24] Warren Buffett's Business Strategy.

QUOTES

• "If you do it right, you only got to make a million dollars once, or make a half a million dollars once, or make $200,000 once. You don't got to do it over and over again if you build it up and invest it right. You choose at what level you want to start investing." - David Alexander
• "But the problem is what happens nowadays is when they start wholesaling, they just want to get better at wholesaling. And I'll explain that whole theory. People have a tendency to get more detailed into something instead of having growth. So they want to build a system. They want to build a system around it so they work less. But all of a sudden, they start building the system. And now the system eats up more money." - David Alexander
• "Everyone literally is just helping each other. It's a pretty special feeling, which is, I think very rare. Cause there's a lot, I mean, there's a lot of people in the investing space that just want to get your money." - Avi Rasowsky

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