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dealjunkiespodcast
A Real Estate Podcast hosted by Mike Nuss, Gabe Johansen, Trevor Howard and Dane Mckinney.
Episode 70: The Pros and Cons of Being Young in Real Estate
Big milestone for us—our first fully virtual episode! If the sound quality is bad, don’t come for us. We’re learning, we’re growing, and we promise it’ll get better.
In this episode, it’s just Dane and Trevor, diving into the pros and cons of being young in the real estate game. On one hand, it’s pretty sweet to be out here locking down deals while your friends are still figuring out life. On the other hand, let’s not pretend it’s all smooth sailing—walking into a negotiation when people think you’re there to deliver a pizza or something, is a situation we could do without. They’ll break down the highs, the lows, and how to make people take you seriously when you look like you just hit the legal drinking age (because you did...).
To Submit Your Application for the Vesta Broker Position Click Here: https://www.vestasolutions.net/job-applicants
To Buy Your First Deal with Trevor and the Vesta Team Click Here: https://vesta.vestasolutions.net/investors-page
To Discuss Deals and Investment Opportunities Click Here: https://www.stackassetgroup.com/contact
SRE Meet Up: https://www.facebook.com/share/g/23vybByjy6xhRVb9/
Investor Lab Meet Up: https://investorlab.com/events/
SMI Property Management: https://smipropertyowners.com/
41:1021/11/2024
Episode 69: Timing the Market
In this episode, the junkies tackle one of the most debated topics in real estate and investing: timing the market. Mike, Dane, and Trevor share their insights on how to identify the right time to buy, the factors that matter most, and why waiting for the "perfect moment" might not be the best strategy. Whether you’re a seasoned investor or just starting out, this episode offers practical advice and real-world examples to help you make smarter moves in any market condition.
Submit Your Application for the Vesta Broker Position Here: https://www.vestasolutions.net/job-applicants
To Buy Your First Deal with Trevor and the Vesta Team Click Here: https://vesta.vestasolutions.net/investors-page
To Discuss Deals and Investment Opportunities Click Here: https://www.stackassetgroup.com/contact
SRE Meet Up: https://www.facebook.com/share/g/23vybByjy6xhRVb9/
Investor Lab Meet Up: https://investorlab.com/events/
SMI Property Management: https://smipropertyowners.com/
49:5519/11/2024
Episode 68: The Ripple Effect of the 2024 Presidential Race
In this episode, Mike, Dane, and Trevor dive into the presidential election and discuss how it could impact various aspects of our lives, from real estate and the economy to daily decision-making. They explore potential changes in policy, market dynamics, and what investors should watch out for during this pivotal time. Tune in for a conversation that connects politics to the real-world implications for professionals, entrepreneurs, and everyday people alike.
Submit Your Application for the Vesta Broker Position Here: https://www.vestasolutions.net/job-applicants
To Buy Your First Deal with Trevor and the Vesta Team Click Here: https://vesta.vestasolutions.net/investors-page
To Discuss Deals and Investment Opportunities Click Here: https://www.stackassetgroup.com/contact
SRE Meet Up: https://www.facebook.com/share/g/23vybByjy6xhRVb9/
Investor Lab Meet Up: https://investorlab.com/events/
SMI Property Management: https://smipropertyowners.com/
58:0714/11/2024
Episode 67: The Evolution of Partnerships
This week on Deal Junkies, the guys break down what it really takes to build partnerships that last. Trevor opens up about his journey with Gabe and Mike—how they got started, the challenges they’ve faced, and how they’ve grown stronger as individuals and as a team. They share the wins, the tough conversations, and the lessons that turned a working relationship into lasting friendships.
To Apply to Work with Vesta Click Here: https://www.vestasolutions.net/job-applicants
To Buy Your First Deal with Trevor and the Vesta Team Click Here: https://vesta.vestasolutions.net/investors-page
To Discuss Deals and Investment Opportunities Click Here: https://www.stackassetgroup.com/contact
SRE Meet Up: https://www.facebook.com/share/g/23vybByjy6xhRVb9/
Investor Lab Meet Up: https://investorlab.com/events/
SMI Property Management: https://smipropertyowners.com/
26:5113/11/2024
Episode 66: The Secret to Life: Make Friends + Have Fun
In episode 66 of Deal Junkies, the team dives into two simple yet transformative mantras: "make friends" and "have fun." These guiding principles, championed by Gabe, have completely reshaped his approach to both life and business. Gabe believes that people are the heart of our journeys—it's those connections, friendships, and shared moments that ultimately shape who we become and drive our success.
To Buy Your First Deal with Trevor and the Vesta Team Click Here: https://vesta.vestasolutions.net/investors-page
To Discuss Deals and Investment Opportunities Click Here: https://www.stackassetgroup.com/contact
SRE Meet Up: https://www.facebook.com/share/g/23vybByjy6xhRVb9/
Investor Lab Meet Up: https://investorlab.com/events/
SMI Property Management: https://smipropertyowners.com/
48:2207/11/2024
Episode 65: The Gabe and Mike Show
In this episode, Mike and Gabe dive into the latest on the bond market, interest rates, and how politics sneaks its way into everything—especially your wallet. They’re bringing their no-BS takes and a few laughs along the way. And yeah, maybe a little Gen Xy, but mostly just real talk about what’s happening and what it means for your money and your deals.
To Buy Your First Deal with Trevor and the Vesta Team Click Here: https://vesta.vestasolutions.net/investors-page
To Discuss Deals and Investment Opportunities Click Here: https://www.stackassetgroup.com/contact
SRE Meet Up: https://www.facebook.com/share/g/23vybByjy6xhRVb9/
Investor Lab Meet Up: https://investorlab.com/events/
SMI Property Management: https://smipropertyowners.com/
38:0906/11/2024
Episode 64: The Core Contrasts in Real Estate
Finally, Gabe makes his return, and the Junkies are back in full force (well, minus Dane, but that’s besides the point). This episode dives into the essential contrasts that shape real estate investing—from commercial versus residential properties to the strategic power plays between debt and equity. The Junkies break down the real impact of these choices on cash flow, risk, and long-term growth. Plus, they go deep on some of their own deals, sharing real-world examples of how these strategies come to life in the field.
To Buy Your First Deal with Trevor and the Vesta Team Click Here: https://vesta.vestasolutions.net/investors-page
To Discuss Deals and Investment Opportunities Click Here: https://www.stackassetgroup.com/contact
SRE Meet Up: https://www.facebook.com/share/g/23vybByjy6xhRVb9/
Investor Lab Meet Up: https://investorlab.com/events/
SMI Property Management: https://smipropertyowners.com/
01:06:0601/11/2024
Episode 63: Accountability Call with Jaryn Montgomery
In this episode, we follow up with Jaryn Montgomery to see how he’s doing after his real estate coaching session in Episode 37. We’ll talk about what actions he’s taken, the challenges he’s faced, and his progress so far. Also Trevor and Mike get in a fight so it is a must listen...
If you want to buy or talk deals, or if you want personal coaching from Trevor and the team click here: https://vesta.vestasolutions.net/investors-page
41:5330/10/2024
Episode 62: Rich Junkie, Poor Junkie
In this episode of Deal Junkies, Mike and Trevor dive into the books that have had a profound impact on their lives—not just in real estate but across all genres. They share how these resources have shaped them as people, influenced their mindset, and helped them achieve success. However, they emphasize one key point—knowledge is useless unless you take action on what you learn.
If you're ready to talk or buy deals with Trevor and the Deal Junkies, click here.
59:3925/10/2024
Episode 61: Gabriel Hamel’s Guide to Real Estate Deal Structures
In this episode of Deal Junkies, the Junkies are back with Gabriel Hamel, from the 0-100 Tribe. They talk about how he built a portfolio of over 450 units worth $50M using creative financing. Gabriel shares his strategies, including seller financing, to grow his real estate empire without having to raise major outside funds. This episode offers insights into smart deal structures that can help investors scale their portfolios with minimal cash.
If you're ready to do some deals with Trevor and the team: Click Here
29:2322/10/2024
Episode 60: Time Freedom with Gabriel Hamel
In this episode of Deal Junkies, the junkies sit down with Mike’s favorite Gabe—Gabriel Hamel, real estate investor and host of the 0-100 Tribe podcast. They trade stories about their journeys, the big wins, and the key moments that got them to where they are today. Gabriel’s built a real estate empire through creative seller financing, but his real achievement is gaining total time freedom. If you're ready to hear how he did it—and maybe how you can too—this one’s for you.
If you want to do more deals with Trevor and the team, click this link: https://vesta.vestasolutions.net/investors-page.
01:22:4318/10/2024
Episode 59: Mike’s Biggest Purchase Ever
In this episode of Deal Junkies, Mike takes us through his biggest purchase to date—a care facility he’s converting into a mental health center. The guys dig into the details of how he’s navigating the deal, from closing to the challenges of repurposing the property. Plus, they talk about some other deals in the pipeline, offering insights into how they’re growing their portfolios and tackling new opportunities.
To buy more real estate or to talk about your current deals with Trevor: click here
42:4916/10/2024
Episode 58: Economic Impacts on Deals
In this episode of Deal Junkies, the team breaks down the latest economic updates and how they’re impacting real estate deals. They cover everything from the Fed rate cut and what it means for getting financing, to first-time homebuyer down payment assistance programs. They also dive into how the political landscape is influencing real estate, the rise of build-for-sale and build-for-rent models, and the state of the rental market.
If you're ready to make more deals, Trevor is here to help you take the next step.
Click here to get started: Buy More Deals
51:0410/10/2024
Episode 57: Big Lawsuits & Big Deals
On this week's episode of Deal Junkies, Gabe kicks things off with a story you won’t believe—he accidentally (or was it?) got served with a lawsuit for a company he’s never even heard of! After the legal drama, the guys dive into some exciting real estate deals they’re working on right now.
Want to start investing in real estate? Click here:
https://vesta.vestasolutions.net/investors-page
And if you're looking to be a part of raising capital, email here:
[email protected]
41:3709/10/2024
Episode 56: How Trevor Lost $800,000
In this episode of Deal Junkies, the Junkies discuss how Trevor Howard blew through and basically lost $800,000. He opens up about the tough lessons learned, and the importance of good partnerships and proper financial management. The Junkies hope that by sharing these hard-earned insights, they can help others avoid similar pitfalls, unlike Trevor, who was warned by Gabe... but didn't listen and still went and lost a bunch of money.
If you're ready to buy real estate the right way, click here: https://vesta.vestasolutions.net/done-with-you-investing.
01:14:0604/10/2024
Episode 55: How to Find Real Estate Deals
In this episode, the junkies break down the essential strategies for finding—or more importantly, creating—real estate deals. They’ll cover how to spot opportunities others miss, leverage off-market deals, and think outside the box to make deals happen. If you're looking for ways to kickstart or scale your real estate investing, this is a must-listen for practical tips and insights from the pros.
If you want to start doing deals but don’t know where to start, we’ll make it easy.
Start here: https://vesta.vestasolutions.net/done-with-you-investing.
45:1702/10/2024
Episode 54: Landmark Decisions and the Deal Mike Stole...
In this episode, the Deal Junkies dive into landmark decisions that have shaped their real estate careers. But things take a dramatic turn when the team reveals how Mike managed to swipe a prime real estate deal right from under their noses... tune in to hear how friendships and hearts get broken.
54:3327/09/2024
Episode 53: Mastering the Art of Repositioning in Real Estate
In this episode of Deal Junkies, the junkies dives into one of the most powerful strategies in real estate: repositioning properties. The junkies break down the key differences between property management and asset management and how each plays a crucial role in repositioning a property for maximum returns. Learn how to identify value-add opportunities, from strategic renovations to rent adjustments, and discover how to use creative financing to transform underperforming properties into high-performing assets.
If you're ready or looking to buy real estate, click here to explore your options with the team and see how we can help you achieve your investment goals.
33:5625/09/2024
Episode 52: How to Avoid Common Real Estate Mistakes
In this episode, we’re back with Dane Fitch to dive into the common mistakes and pitfalls investors face when getting into real estate. The Junkies share personal stories of missteps, lessons learned, and how to avoid these traps in your own journey. Whether you’re just starting or looking to refine your approach, this episode is packed with real-world experiences. Because let’s face it—the only way to truly learn is to fail, and then make sure you never make the same mistake again.
55:1319/09/2024
Episode 51: From Classroom to Capital with Dane Fitch
In this episode, we chat with Dane Fitch, a former teacher turned real estate powerhouse and one of Oregon’s top Airbnb owners. Dane shares his journey from financial dependence to success in real estate and hard money lending, including his early challenges, lessons learned, and the shift to Airbnb rentals. Tune in to hear about his personal stories, the importance of resilience and cash flow, and his passion for creating wealth and a legacy of generosity.
01:11:2512/09/2024
Episode 50: Market Shake-Up and Big Updates
It’s our 50th episode, and we’re diving deep into the latest market shifts! Jerome Powell’s recent remarks on interest rates and the economic outlook signal big changes for investors. We break down how rising rates, inflation, and Federal Reserve policies are shaping the real estate landscape. Tune in to hear how these trends impact buying, selling, and long-term investments—and what savvy investors should be doing to stay ahead in a shifting market.
01:07:4110/09/2024
Episode 49: Deals Gone Wild - Jan Edition
In this episode, the Junkies and Jan are back at it, talking about all the deals—from your classic residential to triplexes, ADUs, DADUs, MHPs, and whatever other acronyms we can throw at you. It's a wild ride through the world of real estate, so grab your popcorn and tune in for some deal-making!
46:1306/09/2024
Episode 48: Jan Wanot's Real Estate Hustle and Secrets
In this episode, the Junkies do a deep dive with Jan Wanot, a former corporate worker turned full-time real estate investor. Since ditching his 9-to-5 in 2017, Jan has scaled to 225 cash-flowing units nationwide and is making waves in Seattle's real estate scene. He also runs the booming WA Real Estate Investing Facebook group with over 20,000 members. In this episode, Jan breaks down his journey, shares his winning strategies, and reveals how he turned his real estate hustle into serious success.
01:08:2603/09/2024
Episode 47: Junkies’ Political Update
In this episode, the Junkies dive back into the political arena, dissecting the latest developments and their potential impact. They debate how ego, policy changes, and election drama could shake things up, all while sharing their unfiltered opinions.
29:5729/08/2024
Episode 46: Shiny Object Syndrome
In this episode, the Junkies tackle a common pitfall for entrepreneurs and investors: Shiny Object Syndrome. They discuss the dangers of getting distracted by new, flashy opportunities and the importance of staying focused on your long-term goals. The Junkies break down how to recognize when you're chasing distractions and how to keep your eyes on the prize. It’s all about learning to balance ambition with discipline—without getting sidetracked by every new deal that comes your way (which is not easy for the everyday junkie).
01:04:4527/08/2024
Episode 45: Presidents, Politics, and Property
In this episode, the Junkies dive into the current state of the nation, focusing on the upcoming presidential election and its potential impact on the markets and real estate. They break down how political shifts could shape the future of investing and what strategies might be crucial for navigating these uncertain times. Basically, the Junkies think they’re politicians now, so vote for them for president in 2024!
46:3822/08/2024
Episode 44: Dane's Quarter-Life Crisis
In this episode, Dane lets it all out... Mike and Gabe step in for a coaching/therapy session, offering him some solid advice, sharing lessons from their own experiences, and reminding him that at 25 years old, there's still plenty of time to figure it out. Relax, dude—it’s all part of the Junkie journey.
Vesta Solutions: https://vesta.vestasolutions.net/offer-page
01:12:3120/08/2024
Episode 43: Deals & Dawgs
In this episode, the Junkies dive into Dane’s latest potential deal. They give their unsolicited feedback—whether they’re all in or ready to tear it apart. It’s a no-holds-barred discussion where they dissect the numbers, strategy, and potential pitfalls that come with this deal.
Also (shameless self-promo) this episode is sponsored by Vesta Solutions! If you're interested in working with them, email Trevor at [email protected] or check out their offer page here!
49:0716/08/2024
Episode 42: The New Road to Success
In this episode the of Deal Junkies, the crew dives into how society has long taught us to follow a traditional path—go to school, get a degree, land a job, and retire. But with rising costs and underfunded retirements, it's clear this old formula isn't cutting it anymore. The Junkies discuss why you need to start leveraging your assets and opportunities for your own success, rather than being leveraged by a system that’s no longer working in your favor.
51:2214/08/2024
Episode 41: Mike's Economics Class
Welcome back to Deal Junkies! It’s just Trevor and Mike this time, but that’s perfect because no one geeks out over economics quite like these two (maybe a little too much…). Professor Mike dives into a deep economics lesson, breaking down the 10-year treasury and dropping some serious knowledge that even leaves Trevor’s mind blown—no small feat in the world of economics.
01:10:4508/08/2024
Episode 40: Real Estate Roller Coaster - The Highs and Lows
This episode kicks off with an overview of the Junkies' highs and lows—personal victories, setbacks, and the unpredictable world of real estate investing. From promising deals to unexpected challenges, join the Junkies as they navigate the rollercoaster ride of life and business.
01:13:4206/08/2024
Episode 39: Deals, Deals, Deals with Bob Thomas
Welcome back to another episode with the one and only Bob Thomas! Mike, Trevor, Dane, and Bob are diving headfirst into some big deals. They’re covering everything from care facilities to selling cell towers and beyond—because in Bob’s world, it’s all about hustling and doing deals (or as he says get off your ass and go make it happen). Get ready for a dose of real estate wisdom that’ll have you itching to jump into the game!
01:02:1801/08/2024
Episode 38: The God of Syndication - Bob Thomas
Welcome back to another episode of Deal Junkies! This week, the Junkies sit down with Bob Thomas, the co-founder of Peak Asset Management, dubbed (by Gabe...) as "The God of Syndication." Bob oversees a $50,000,000 portfolio, including 200 multifamily units and 150,000 SF of commercial space. As Peak’s Chief Investment Officer, Bob's expertise spans acquisitions, investment management, and investor relations. In this episode, the Junkies delve into Bob's impressive deals, his passion for real estate, and the secrets behind his success. You know it’s a good episode when Gabe ends it with his mind being blown!
01:01:0330/07/2024
Episode 37: Real Estate Coaching 101
We're back with Jaryn Montgomery for an exclusive coaching session. In this episode, the Junkies provide Jaryn with actionable strategies to accelerate his real estate acquisitions. Listen in as they share tips and tricks that can help you buy more deals faster. Whether you're a seasoned investor or just starting out, this episode is packed with valuable insights to boost your real estate game!
44:3225/07/2024
Episode 36: Kickstarting Real Estate Young With Jaryn Montgomery
This week, we're chatting with Jaryn Montgomery, a young real estate investor and client. The Junkies dive into the perks and possibilities of starting your real estate portfolio early. Jaryn shares his journey, from his first steps in the industry to the exciting deals he's currently working on to scale his portfolio. Tune in for a conversation filled with tips, insights, and motivation for young investors!
59:2924/07/2024
Episode 35: What’s the Deal, Mike?
Welcome to episode 35 of Deal Junkies! Join Mike, Gabe, and Trevor as they dive into Mike’s latest venture: acquiring an adult care facility. They break down the nitty-gritty of how the business was being run, alongside the intricacies of the real estate valuation. From operational tactics to savvy investments, the Junkies are delivering raw insights and expert advice that you need to hear!
30:4122/07/2024
Episode 34: The Habits of Successful People
In this episode of Deal Junkies we’re diving deep into the habits of successful people. Join us as we uncover the secret sauce that fuels personal and professional growth. From must-have routines to game-changing strategies, we’re bringing you the inside scoop on what makes the pros tick in real estate and beyond. Don’t miss out—join the Junkies and learn how to make success a habit!
01:20:0619/07/2024
Episode 33: The First Million
In this episode of Deal Junkies, the Junkies delve into the milestone of earning the first million. They discuss why reaching this significant marker is so important and explore the challenges involved in achieving it. Listen in as they share personal experiences, discuss past and current deals, and provide valuable insights into the strategies and mindset needed to hit that first million. Join the junkies to learn the tips and tricks that can help you achieve your financial goals through deals!
53:0611/07/2024
Episode 32: Mike's Transition
In this episode of Deal Junkies the Junkies talk about Mike’s Transition into a new Mike. He discusses the changes that he’s going through in life and how his environment has changed and facilitated his current growth. A major part of that transition is how he’s moving from the residential world to the commercial in both buying and now brokering. You’ll hear about deals they’ve done, current deals they’re doing and deals they’re going to do. Listen in to this episode of Deal Junkies to hear about how the whole group is growing.
01:00:0208/07/2024
Episode 31: Ego
This episode of Deal Junkies is about a very important spiritual principle of not only real estate but life. The Junkies each discuss their perspective on what ego really is and how theirs has evolved over time. Everyone has an ego but it’s up to us whether it’s our strength or downfall. Listen in to learn how to keep your ego under control.
40:1902/07/2024
Episode 30: Spiritual Principles of Real Estate
In this enlightening episode of Deal Junkies, we delve into the often-overlooked spiritual principles that can transform your approach to real estate. The list is long and there are likely many that have not made it onto the list but this is what we have so far:
You have to relax around money or you’ll never have any.
A good deal gets better and better. A bad deal gets worse and worse.
It’s not enough to have a positive mindset. You also have to keep your energy high.
Don’t let spreadsheets and inspection reports talk you out of doing deals.
Real estate is a marathon. You have to inch it along day by day. Play the long game.
By some divine force, everything suspiciously works out in the end.
You have to grow out of your problems.
???
The next episode will be dedicated entirely to the 8th principle, you’ll just have to wait to hear.
After listening to this episode, share one of your spiritual principles of real estate and tag the Deal Junkies!
01:13:3229/06/2024
Episode 29: Mike’s (a) Big Deal
In today’s episode of Deal Junkies the Junkies talk about Deals, as they should. Today they focus on the deal Mike is doing right now, he is a reformed house flipper turned into a 10-story office tower flipper. The discussion revolves around how he made the transition and what key partners he had to bring in to do so. Listen in to hear how you can make a transition into the next step of your real estate journey by utilizing the right partners.
29:1923/06/2024
Episode 28: Partnerships
In todays’ episode the Junkies talk about partnerships. It’s the most commonly asked question in real estate, should you have them? The answer isn’t so straightforward. The Junkies talk about what the benefits of partnerships are but also their potential pitfalls and how to avoid them.
46:1820/06/2024
Episode 27: Movie Review: “Finding the Money”
This episode will change how you think of money. It's a movie review but also a deep dive into Modern Monetary Theory or MMT. This has been a hot button topic over the past few years as this “theory” has continued to gain notoriety. If you agree with the ideas discussed in this episode you will no longer be afraid of the US Debt but instead want the number to continue to grow. Listen in to find out why.
AJ Osborne - www.selfstorageincome.com
01:34:1811/06/2024
Episode 26: Market Update and Econ Talk
In this episode of Deal Junkies the Junkies dive into what rates are doing, yield curves, the job market and how the market is really doing right now. They discuss how this is changing the deals that they’re currently doing and how they’re doing them. It doesn’t stop the deals, it just forces you to pivot. You’ll hear about current negotiation tactics that the Junkies are using for their deals too as the market continues to shift. Listen in to hear about deals, opportunities and the state of the market.
01:01:1627/05/2024
Episode 25 - Interview with Michael Hamilton
In today's episode of Deal Junkies the Junkies interview Michael Hamilton the founder of Seneca Development Company. You’ll learn how he went from very humble beginnings to having a pipeline of 850 apartment units in various stages of development. After starting college he quickly learned that school wasn’t for him, he knew that there was knowledge and skills he could learn through grit that university wasn’t going to teach him. We’ll talk about how a stint of networking in LA and an introduction to Snoop Dogg’s son lead him to building custom homes in Newport Beach which turned into new construction apartment developments in downtown Portland. We then jump into how he built a team and created value for investors and partners in order to own real estate. Listen in to hear his story and learn about all the lessons he learned along the way.
01:02:2616/05/2024
Episode 24: House Hacking Stories
In the second part of the Deal Junkies New Investor episode the Junkies give a breakdown of a few real deals that Trevor did to start building his portfolio. Many of us might already know what househacking is but knowing what it is and executing on it are two different things. They talk through the things done right and the things done wrong in those first few deals. Everyone always says the first deal is the hardest one to do, listen in to this episode and get one step closer to moving past that.
30:5112/05/2024
Episode 23: Creating Value as a New Investor
In today’s episode of Deal Junkies Trevor, Dane and Mike talk about how to create value as a new investor. To be an Operator in real estate you have to have time, skills and money but to get started all you need to have is one of those three things. The Junkies talk through the different strategies that are most commonly used to get started investing in real estate. From a house hack to a highly levered seller carry contract they break down the best starting strategies.
01:08:1007/05/2024
Episode 22: Paul’s Development Deal
In Part 2 of our conversation with Paul Kerley we discuss one of his hardest lessons learned. The deal was a development project that needed some money to build his modular homes. If you’re noticing a trend with development projects with partners that you don’t know very well then you may be onto something. It's a common mistake that many real estate investors have made and continue to make. The reason being that development is one of the most lucrative ways to make money in real estate but it’s also one of the riskiest. If you’re thinking about getting into a project make sure you ask someone who you trust, knows real estate and isn’t a part of the project if you should really do it. The Junkies discuss these pitfalls and more in this episode of Deal Junkies!
48:3330/04/2024
Episode 21: An Interview with Paul Kerley
On today’s episode of Deal Junkies the Junkies interview the original Junkie himself: Paul Kerley. Paul became Gabe’s client as a broker over a decade ago, Gabe quickly began selling Paul anything he could negotiate terms on. After a while Paul convinced Gabe that he needed to be in the deal, not just facilitating the transactions. That was when Paul became Gabe’s mentor and one of his best friends. Paul breaks down how he got into real estate but more importantly why he got into it. He owns hundreds of millions in real estate but he’s not driven by money, he’s driven by overarching and fundamental principles of life that lead him here. Listen in to find out about a few of them.
01:14:1225/04/2024