181: Finding Deals & Scaling in a Competitive Market with Lauren Hardy
BiggerPockets Real Estate Podcast - A podcast by BiggerPockets
Let’s be honest: It can be tough to find a great deal in today’s competitive real estate market. If you find yourself in that situation, you are going to love today’s show! Today we hear from Lauren Hardy, a house flipper and wholesaler in the highly competitive Southern California market who overcame a rough beginning to scale her business to several deals a month. You’ll love Lauren’s honesty about quitting her job too early and her straightforward approach to finding deals, evaluating a market, and creating systems that allow her to work and live a full life. And grab some scratch paper — this is definitely one show you are going to want to take some notes on! In This Episode We Cover:What to do when you hail from an expensive locationHow Lauren got started in real estateHer very first dealWhy she loves condosThings to consider when investing in condosHow she quit her job — and failedHow she spent $25,000 — and got no dealsLauren’s tweaks to her direct mail marketingHow she scaled to 2 to 3 deals a monthHow Lauren’s business worksHow she uses Podio to make her processes easierHow she estimates rehab costsWhat exactly cash for keys isFlipping shows vs. flipping in real lifeHow she funds her deals with hard money and private money lendersWhere is she going with her businessHow many hours she works in a weekAnd SO much more!Links from the ShowBiggerPockets WebinarListSourceREISourceGoogle EarthDarren DailyBiggerPockets Udemy CourseBooks Mentioned in this ShowRich Dad Poor Dad by Robert KiyosakiTax Strategies for the Savvy Real Estate Investor by Amanda HanBuilding Wealth One House at a Time, Updated and Expanded by John SchaubThe Compound Effect by Darren HardyThe Entrepreneur Roller Coaster by Darren HardyTweetable Topics:“I love what I do, so it doesn’t feel like work.” (Tweet This!)Connect with LaurenLauren’s BiggerPockets ProfileLauren’s Facebook ProfileLauren’s Instagram