Episode 018: Doing Deals in the Toughest Market in the Country with Michael Pinter

In this episode of the Probate House Guy podcast, we dive deep into the world of real estate investing in New York with Michael Pinter, a seasoned investor with over 13 years of experience. Michael shares his journey from the mortgage industry to becoming a full-time real estate investor, highlighting the unique challenges and opportunities in one of the toughest markets in the U.S. We discuss strategies like wholetailing and owner financing, and how Michael navigates the complex regulatory environment in New York. This episode is packed with insights on how to succeed in a highly competitive market and adapt to changing conditions. Key Talking Points [00:00] - Introduction to the episode and Michael Pinter. [01:06] - Michael's transition from the mortgage business to real estate investing. [02:26] - Overregulation in the mortgage industry and its impact on Michael's career. [03:39] - Differences in real estate transactions in New York compared to other states. [05:05] - Michael's approach to wholetailing and how it differs from traditional wholesaling. [07:43] - The benefits of wholetailing in a market with high demand and low inventory. [13:03] - Challenges with renovating and why less can sometimes be more. [17:06] - The concept of owner financing and how it works. [18:55] - The importance of managing cash flow and the impact of high earnest money deposits in New York. [21:26] - Michael's future plans and his shift to investing in El Paso, Texas. Links & Resources Easy REI Closings: https://www.easyreiclosings.com Michael Pinter on Instagram: https://www.instagram.com/michaelbpinter Bigger Flips YouTube Channel: https://www.youtube.com/biggerflips Deal Finders Club: https://www.dealfindersclub.com Probate House Guide: https://www.probatehouseguy.com Closing Remarks If you enjoyed this episode, please rate, follow, and share the podcast. Your support helps us reach more listeners and continue providing valuable content. Don't forget to leave your questions and comments—we love hearing from you! Join us next time on the Probate House Guy podcast for more expert insights and tips on real estate investing.