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
The Power of Vertical Integration - Travis Howard from Travis Buys Homes
In episode 7 of The Dealpen, Avi Rasowsky interviews Travis Howard from Travis Buys Home, as he shares his extensive experience in the real estate investing industry, spanning over 25 years. He also discusses his journey from learning valuable lessons during the 07-08 financial crisis to adapting his business strategies post-2010.
Tune in to gain valuable insights into the real estate investing world, including tips on evaluating deals, managing properties, and building a successful business.
TIMESTAMPS
[00:01:15] Real Estate Investing Background.
[00:06:59] Managing Rental Property Debt.
[00:08:23] Building Wealth Through Rental Properties.
[00:13:56] Full turkey investment properties.
[00:17:11] Real estate investment strategies.
[00:20:30] Dealing with difficult tenants.
[00:22:16] Property management car chase story.
[00:26:29] Real estate appreciation rates.
[00:30:33] Manufactured home price fluctuations.
[00:36:07] Investing in trailer parks.
[00:40:48] Characteristics of successful people.
[00:43:31] Real estate success journey.
[00:46:11] Starting a Real Estate Business.
[00:50:27] Partnerships and complementing weaknesses.
[00:51:37] Hiring for profitability.
[00:57:37] Using retirement accounts for investing.
[01:00:08] Investing in real estate for retirement.
[01:05:59] An amazing wholesale deal.
[01:08:32] Real estate industry insights.
[01:11:05] There are always more deals.
QUOTES
- "A lot of people that try landlording, have a hard time with it because number one, the banks control them." - Avi Rasowsky
- "Number one characteristic is anybody that grew up athletic, doing athletic sports, they are always the easiest and best to work with… I don't care if you're male, female, whatever pronoun you go by, whatever that may look like. Um, but most of the time, because you know how to win and lose, you felt that pain growing up. Um, that's normally the ones that go out here and just kill it, to be honest." - Travis Howard
- "My biggest thing is I do not waste time. If somebody is going to kick tires, I don't do that. I need to know that they actually have a 1031. You're going to have to prove it to me that you're doing one." - Travis Howard
SOCIAL MEDIA LINKS
Avi Rasowsky
Instagram: https://www.instagram.com/avirasowsky/
Facebook: https://www.facebook.com/avi.rasowsky
LinkedIn: https://www.linkedin.com/in/avi-rasowsky-b600a18/
Travis Howard
Facebook: https://www.facebook.com/travisnofear/
Email: travisnofear@gmail.com
WEBSITE
Travis Buys Home: https://travisbuyshomes.com/