The Dealpen
I'm your host, Avi Rasowsky, and I’m excited to introduce you to this podcast!
This is your backstage pass to hear untold stories from crafty real estate investors. As a former bullpen pitcher, turned real estate investor, I’ll be sharing some of the similarities between sitting in the bullpen, waiting for that high-pressure moment to come into a baseball game, to now, waiting for my chance to dive into complex real estate deals.
But more importantly, we’ll be learning from a wide range of experienced, knowledgeable, and relentless real estate investors who don’t know the meaning of giving up when a deal gets to be challenging.
In The Dealpen, we'll explore some of the most difficult barriers to getting deals done, and how to overcome them with creative methods. We’ll be diving into foreclosures in the bottom of the ninth inning, messy title situations, complex probate issues, financing, and everything in between.
But here's the pitch: real estate and baseball? They're more alike than you think. Both require strategy, teamwork, and learning from others' experiences.
Just like in the bullpen, where teammates might share notes on how to face specific batters in crucial game situations, here in The Dealpen, we'll share insights from investors who are flipping houses, renting out properties, creating owner finance notes, and much more. We’ll also chat with private lenders, attorneys, and other professionals who will help you navigate the wonderful world of off market deals. Because in real estate, something always goes wrong. But with insights from our guests, we'll learn how to tackle those curveballs together.
So, grab those headphones and join me in The Dealpen, and let’s build wealth, one deal at a time!
The Dealpen
Working “Bass Ackwards” to Buy Right with David Alexander
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
SOCIAL MEDIA LINKS
Avi Rasowsky
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