Are you looking to get into real estate but not sure where to start? Or perhaps you want to learn how investors achieve long-term financial independence? In today’s episode Craig is with Owen Dashner, a real estate veteran with over 20 years of experience, to discuss the key lessons and strategies he’s learned from his journey in real estate.
Owen is a co-host of the popular REIA Radio podcast with Ted Kaasch, and he brings his wealth of knowledge about buying single-family homes, flipping properties, and investing in multi-family properties. Whether you’re just starting out or looking to scale your real estate portfolio, Owen’s insights are invaluable. From understanding market dynamics to avoiding costly mistakes, Owen’s candid approach to investing will inspire you to take action and improve your strategy.
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Watch the episode here
Listen to the podcast here
Podcast Highlights:
[03:39] Owen’s journey into real estate after exploring various career paths.
[07:08] Creative finance strategies, like “nothing down,” transformed his real estate approach.
[10:35] His experience buying foreclosures and flipping properties for profit.
[13:19] Why his first flip wasn’t profitable but still offered valuable insights.
[17:00] Partnering with a friend helped Owen maximize his investment efforts without capital.
[20:02] Switching focus from single-family homes to multi-family properties for faster growth.
[24:09] The importance of mentors and relationships within real estate meetups.
[28:15] How small-town banks helped him finance real estate with 100% funding.
[30:55] His portfolio with the BRRRR method, utilizing creative financing and rehab.
[34:18] Pros and cons of self-managing properties versus hiring a property management company.
[37:25] Obstacles like renovations, contractors, and making low offers in real estate.
[44:42] The importance of setting clear property criteria to guide negotiations.
[47:15] Direct mail campaigns helped Owen target off-market deals and boost his success rate.
[51:09] Reflections on lessons learned from the market shift following the 2008 crisis.
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Important Links
HOST
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
GUEST
Owen Dashner
📸 Instagram: https://www.instagram.com/owenmoneyrealestate/
📽️Podcast: https://podcasts.apple.com/us/podcast/reia-radio/id1582763673
🌐 LinkedIn: https://www.linkedin.com/in/owen-dashner-20869a/
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🔗 Affiliate Link
- Don’t miss out on resources of great value for real estate starters. Visit FITeam’s website! — https://www.thefiteam.com/