Episode 154 – From First House Flip to Financial Independence and Hard Money Lending with Jeremy Kitchen

Are you thinking about dabbling into real estate but don’t know where to start? Our episode today features a seasoned real estate investor with experiences in house hacks, mobile homes, hard money lending, and harnessing the financing powers of HELOCs! As a hard money broker at REI Funding and a podcast host of The Investor Shed, Jeremy Kitchen provides a unique perspective on real estate investing through his passion for sharing his hard-earned lessons and practical tips.

Tune in for this engaging episode as we discuss the mistakes to avoid as a first-time investor regarding property management and inspections. We dive into the nitty-gritty of investing, such as real deal numbers, the benefits of hard money lending and other financing options, and the key to overcoming investment failures and curveballs. Jeremy also emphasizes the significance of building a network and figuring out how to capitalize on your resources without burning out. 

Ultimately, these lessons have shaped Jeremy’s career in real estate, and it might just be what you need to catapult your journey into high gear! As Jeremy believes, everything begins with a single question — and the courage to pursue a relentless curiosity about investing and real estate.

—

Watch the episode here

Listen to the podcast here

 

Podcast Highlights:

[4:20] Getting Started With Financial Independence

[6:40] Jeremy’s First Deal

[14:25] Why You Should Always Inspect a Potential Property

[15:45] Finding a Good Wholesaler

[17:50] Do Not Cheap Out on This Crucial Step

[21:05] ‘Fake’ Land vs. ‘Real’ Land for Mobile Homes

[25:05] Overcoming Curveballs and Failures in Real Estate

[27:44] Revealing More of Jeremy’s Deals

[31:20] Getting to Know Hard Money Lending

[33:50] Cashflow vs Appreciation: What to Know

[40:40] Jeremy’s Next Steps in the Current Market

[45:10] The Power of Asking Questions and Building a Network

—

ImportantLinks

HOSTS   
Craig Curelop   
📸 Instagram: https://www.instagram.com/thefiguy   
📘 Book: https://store.biggerpockets.com/products/the-house-hacking-strategy   
🏘️ Buy Real Estate: https://bit.ly/3V3QDze   

Ali Garced
📸 Instagram: https://www.instagram.com/ali_the_agent/ 
📱Facebook: https://www.facebook.com/aligarced 
💼 LinkedIn: https://www.linkedin.com/in/alexandragarced/ 
🖥 Website: https://www.garcedrealty.com/ 

GUEST

Jeremy Kitchen
📸 IG: https://www.instagram.com/rei_funding/ 
💼 Linkedin: https://www.linkedin.com/in/jeremykitchen/ 
🎧 Youtube: https://www.youtube.com/@REI_Funding 
🎙️Podcast: https://www.youtube.com/@theinvestorshed 
🗣 Twitter: www.twitter.com/REI_Funding   

Check out their recommendations here:

🔗 Affiliate Links 

1. Don’t miss out on resources of great value for real estate starters. Visit FITeam’s website! — https://www.thefiteam.com/
2. Check out his book recommendations here:
   1. Rocket Fuel: The One Essential Combination That Will Get You More of What You Want from Your Business by Gino Wickman – https://a.co/d/85UGI5G
   2. Mythos: The Greek Myths Reimagined by Stephen Fry – https://a.co/d/0opV2zn