SA106 | Taking Risks and Actions to Turn Your Real Estate Goals into Reality with Frank Patalano

Scaling the real estate business is definitely not easy, but it's also not that complicated if you will educate yourself in advance. Aiming for growth also means you have to prepare yourself for any challenges. If you think you can handle a larger scale, you also have to think of possible risks involved in it. Success is always possible in real estate if you have goals and a proper mindset in this business. In this episode, Aileen's guest Frank Patalano shares his investing career in single-family and multifamily real estate. You'll learn the things that you should be thinking from the start of your investing up to the point of scaling this business to the next level.What You'll Learn From This Episode:Frank's Background and His Real Estate CareerHis Transition from Being a Full Time School Teacher to Real Estate InvestorChallenges While Breaking into Real EstateDriving Factor to Grow in Real Estate InvestingEffective Ways to Educate Yourself About Real Estate InvestingPassive Investing vs Active Investing Debt-to-Income RatioFrank's Transition from Single-family to Multifamily InvestingPossible Market Outlook in the Next 6 Months or Few YearsMindset in Creating a Virtual Assistance CompanyAssigning the Right Virtual Assistant Based on Client's NeedsWillingness to Take Risks and Taking Actions to Scale Your Real Estate Investing FasterEfficiency of Networking in Finding Deals and Building ConnectionsGuest Bio:Frank Patalano has been investing in Real Estate for over a decade. Starting out as a school teacher, he used his income to buy more and more investments until he generated enough money to leave his full time job. Frank is passively or actively involved in over 1000 doors in 7 markets across the United States. Instead of sitting on the passive income, Frank has been expanding into opening other real estate related businesses. This includes a Real Estate Educational Podcast called “The CashFlow Kings”, and a virtual assistant business called RealAgentHelper.com  He mostly has experience in Single, Multi, and Commercial rentals. Frank also has some experience in hard money lending, new construction, and fix and flips. Instagram: https://www.instagram.com/thecashflowkings/Podcast: https://podcasts.apple.com/us/podcast/the-cashflow-kings/id1448325214Email:  [email protected] For Other Contact Info: https://linktr.ee/thecashflowkingsTo Connect With Us:Please visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!Sponsor:Thinking About Creating and Growing Your Own Podcast But Not Sure Where To Start? Visit GrowYourShow.com and Schedule a call with Adam A. Adams.