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325: From Major Business Failure to Buying 20 Houses a Month With Aaron Amuchastegui

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Manage episode 231116835 series 83575
Content provided by BiggerPockets. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BiggerPockets or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Awesome show alert! Today’s guest is so full of information you will be blown away.

Aaron Amuchastegui sits down with Brandon and David and explains how he buys 20 deals a month while practicing principles of the four-hour workweek. It’s an incredible story about how he built a big business with foreclosures, how he keeps his pipeline full (including how he buys deals at auctions), how he does due diligence, and how he tracks down owners of vacant properties.

You won’t want to miss his advice on owning C- or D-level properties, how he uses flip profits to fund a business that acquires rentals, and—most importantly—how you can lose money in real estate even if you’re buying great deals.

This episode is full of more powerful insight than we can begin to mention. Aaron is a big-time real estate investor who has gone from rags to riches, to rags to riches again. Tune in to hear him share everything he learned along the way.

Download today!

In This Episode We Cover:

  • How he got into real estate investing
  • Buying at an auction
  • The different types of auctions
  • How to approach and talk to cash buyers
  • The moral aspect of real estate
  • How to do title research
  • A big surprise after buying a sight-unseen house
  • Bouncing back from losing everything he built
  • Why he thinks flipping is a job
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “There’s so many problems that you can solve in real estate.” (Tweet This!)
  • “I make money 9/10 houses. I take a loss 1/10.” (Tweet This!)
  • “Flipping is only money when you keep flipping.” (Tweet This!)

Connect with Aaron

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1150 episodes

Artwork
iconShare
 
Manage episode 231116835 series 83575
Content provided by BiggerPockets. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BiggerPockets or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Awesome show alert! Today’s guest is so full of information you will be blown away.

Aaron Amuchastegui sits down with Brandon and David and explains how he buys 20 deals a month while practicing principles of the four-hour workweek. It’s an incredible story about how he built a big business with foreclosures, how he keeps his pipeline full (including how he buys deals at auctions), how he does due diligence, and how he tracks down owners of vacant properties.

You won’t want to miss his advice on owning C- or D-level properties, how he uses flip profits to fund a business that acquires rentals, and—most importantly—how you can lose money in real estate even if you’re buying great deals.

This episode is full of more powerful insight than we can begin to mention. Aaron is a big-time real estate investor who has gone from rags to riches, to rags to riches again. Tune in to hear him share everything he learned along the way.

Download today!

In This Episode We Cover:

  • How he got into real estate investing
  • Buying at an auction
  • The different types of auctions
  • How to approach and talk to cash buyers
  • The moral aspect of real estate
  • How to do title research
  • A big surprise after buying a sight-unseen house
  • Bouncing back from losing everything he built
  • Why he thinks flipping is a job
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “There’s so many problems that you can solve in real estate.” (Tweet This!)
  • “I make money 9/10 houses. I take a loss 1/10.” (Tweet This!)
  • “Flipping is only money when you keep flipping.” (Tweet This!)

Connect with Aaron

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1150 episodes

All episodes

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