107: Making $47,000 On Your First Deal with Jonathan Makovsky

Many new investors lose money on their first, second, and third deal. There is a steep learning curve when trying to invest in real estate and, while the loss is painful, it’s very common. However, not for today’s guest. Today we sit down with Jonathan Makovsky, a new investor from the tri-state area who had incredible success right out of the gate! If you are a new investor trying to find the right way to get started or if you’ve been investing for years but want to improve your game – don’t miss this impressive interview with Jonathan! In This Show We Cover:How Jonathan got started with a push from momTips on taking advice to best push your business forwardExactly how many houses Jonathan looked at per day in search of a dealThe benefits of having a real estate licenseThe lessons to be learned by failing on your first dealsHow to use direct mail for marketingThe details of Jonathan’s first property, purchased for $150,000How to find a partner through BiggerPocketsWhat exactly “racer math” isThe pros and cons of letters and postcardsJonathan’s experiences with office buildingHow to make a partnership workTips on using BiggerPockets as a tool for successPlus MUCH more!Links From the Show:BiggerPockets’ Plus and ProBiggerPockets’ Wholesaling CalculatorBiggerPockets’ Podcast Show 106BiggerPockets’ Podcast Show 927 Years to 7 Figure WealthBiggerPocket’s Events and HappeningsForbesThe Wall Street JournalBooks Mentioned in the ShowThe Book on Flipping Houses by Mr. J ScottBrandon Turner’s The Book on Investing in Real Estate with No (and Low) Money DownWhat Every Real Estate Investor Needs to Know About Cash Flow… And 36 Other Key Financial Measures by Frank GallinelliHow to Win Friends & Influence People by Dale CarnegieConnect with JonathanJonathan’s BiggerPockets Profile