Ep 109 First Reno = $100k+ Profit - With James Rodriguez
Taking the plunge on your first renovation project can be such a scary commitment to make, but when you combine the right people, skills and the guts to take the leap you have a recipe to potentially change your life financially.
James Rodriguez has done exactly that, by taking what was a rundown investment and renovating it into both a high cashflow asset and one that now has a sizable chunk of equity.
This episode we talk with James under the banner of our project profiles format finding out:
What did you need to do to secure the property?
How did financing work?
What were the biggest pitfalls that he learnt from?
James is not a property investor that lives and breathes real estate, which is exactly why we wanted him on the show. James shows very clearly you don't need to be rolling in cash or even have a big love for real estate investing to make some serious returns out of it.
Check out James' drinks:
https://www.dirtycleaneats.com/
Join Todd Sloan each week, to pick the brains of a different industry leader to bring you the best property content in the country.
Want more help understanding how to buy property faster and for less? Get your copy of Todd Sloan's book today:
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