181: Finding Deals & Scaling in a Competitive Market with Lauren Hardy

Let’s be honest: It can be tough to find a great deal in today’s competitive real estate market. If you find yourself in that situation, you are going to love today’s show! Today we hear from Lauren Hardy, a house flipper and wholesaler in the highly competitive Southern California market who overcame a rough beginning to scale her business to several deals a month. You’ll love Lauren’s honesty about quitting her job too early and her straightforward approach to finding deals, evaluating a market, and creating systems that allow her to work and live a full life. And grab some scratch paper — this is definitely one show you are going to want to take some notes on! In This Episode We Cover: What to do when you hail from an expensive location How Lauren got started in real estate Her very first deal Why she loves condos Things to consider when investing in condos How she quit her job — and failed How she spent $25,000 — and got no deals Lauren’s tweaks to her direct mail marketing How she scaled to 2 to 3 deals a month How Lauren’s business works How she uses Podio to make her processes easier How she estimates rehab costs What exactly cash for keys is Flipping shows vs. flipping in real life How she funds her deals with hard money and private money lenders Where is she going with her business How many hours she works in a week And SO much more! Links from the Show BiggerPockets Webinar ListSource REISource Google Earth Darren Daily BiggerPockets Udemy Course Books Mentioned in this Show Rich Dad Poor Dad by Robert Kiyosaki Tax Strategies for the Savvy Real Estate Investor by Amanda Han Building Wealth One House at a Time, Updated and Expanded by John Schaub The Compound Effect by Darren Hardy The Entrepreneur Roller Coaster by Darren Hardy Tweetable Topics: “I love what I do, so it doesn’t feel like work.” (Tweet This!) Connect with Lauren Lauren’s BiggerPockets Profile Lauren’s Facebook Profile Lauren’s Instagram Learn more about your ad choices. Visit megaphone.fm/adchoices