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#39 - Closing is Just the Beginning w. Derek Blades
Manage episode 381074285 series 3450166
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Our guest today is Derek Blades. Derek is a Wichita local and started his real estate investing career in 2018. He saved up a bit of money and flipped his first house using the BRRRR strategy. Since then, he has slowly been building his rental portfolio, getting rid of properties he doesn’t need and paying off some of his debts. In just 5 short years, Derek has accumulated a wealth of knowledge about investing that has led to him to become a highly successful real estate investor. This podcast is a really juicy one, so don’t miss out!
In today’s episode, we discuss Derek’s start in investing; the market conditions of the last 3 years; how to stay on top of housing trends; how to negotiate repair requests with buyers; why Derek chose to get a Realtors license; why Derek chose the brokerage that he did; how politics and the retail market effect interest rates, and why you should wait til February to sell; how to look for value adds on your flips; and so much more!
KEY TAKEAWAY: Closing on a house is just the beginning of a long process that involves negotiations, appraisals, and tons of repair requests.
Find Derek Blades:
Facebook: Derek Blades
Thanks again for listening, and remember to Rate, Review, Learn and Share.
Until next time!
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