Ep 37: Saving up for major purchases, even if you're hella broke

Ever thought about flipping properties? In this episode we visit with special guest Steve De Leon, owner of Mid-Century Modern Homes, LLC. Steve is an investor based in Fort Worth, Texas that has lived in the area for over 40 years. His investor journey began when he bought his first property in 1988 when he was just 24 years old and since then Steve has flipped several hundred properties in the area. At this time he owns nine properties in the area - three of them are current flip properties. Get ready because this episode is packed full of great content for both the new and experienced investor! Here are just a few of the questions that we cover: How much money should I expect to make on my first flip? What systems do you use to estimate your rehab cost? How do you decide what contractors to use? How have you personally built your portfolio? How do you finance your transactions? And much more!

In this episode we visit with Steve Fithian, CCIM, CPM, SEC. Steve is an very successful real estate investor that started out his investment journey in California that moved to Texas in 1990 and started multiple real estate businesses. His two main companies that focus on residential investment properties are Visions Realty and Investments, Inc. and Frontline Property Management - both are based in Fort Worth, Texas. Since buying his first investment property in 1979 (one year after college graduation), Steve has owned many investment properties and has also sold hundreds of homes in the Dallas/Fort Worth metroplex through his brokerage. He currently has ownership in 35 single family homes and is either the Promotor or has passive ownership in over 9 commercial properties. In this episode we cover his current portfolio, how he got started investing, what he would recommend to new investors, and much more!