15 min listen
How to Decide Which Real Estate Investing Path is Right for You | Omar Alfaro E62
How to Decide Which Real Estate Investing Path is Right for You | Omar Alfaro E62
ratings:
Length:
52 minutes
Released:
Jul 4, 2023
Format:
Podcast episode
Description
In today’s episode, Rich sits down for an interview with Omar Alfaro – wholesaler, flipper, real estate broker & investor with 21 years of experience in the real estate space. He discusses the various aspects of his business, including buying & flipping houses, holding rentals & STRs, and developing property. They talk about the impact of the current interest rate environment on the real estate industry, the concept of “buying properties deeper”, and their thoughts on people being property rich but cash poor. Omar shares valuable tips for beginners interested in house flipping, such as finding deals at significant discounts and establishing relationships with sellers for off-market opportunities. They also dive into how to determine which deals to hold and which ones to flip, the Airbnb revenue collapse, and the importance of taking care of your database.Connect with Omar on Instagram: @investwithomar--Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more. Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call. Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.
Released:
Jul 4, 2023
Format:
Podcast episode
Titles in the series (100)
Why You Should Never Listen to Your Parents | E7 by The Rich Somers Report