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The Larossa Workshop

Larossa Construction - Ross Paller

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A real house flipper with over 300 projects completed brainstorms specific ideas and strategies in the Real Estate Investing world. Usually centering around the Rehab portion or how to use the rehab to get a better deal on the purchase of a house.
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show series
 
Today we're discussing the five psychological hacks that can increase the value of your property and attract potential buyers. Learn about the importance of the "filter" in creating a lasting impression, the significance of intuition in understanding what feels right in a house, and the importance of knowing where to draw the line in your renovatio…
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We are going to show viewers that there are a series of hidden costs and not so hidden costs which lead most of their RE investments to just be Forced Saving Accounts. They end up just disciplining themselves into another job. If that all goes alright then you have to face taxes with the IRS. If you are still surviving after that there is the bigge…
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When you first get into house flipping It can seem daunting with all the catastrophes that can hit you, but I found 7 main types of issues that can come up and really their all preventable or fixable. In this podcast I'll cover all my experiences with these RE Nightmares. SUBSCRIBE: Learn how to grow a successful real estate investing organization:…
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SUBSCRIBE: Learn how to grow a successful real estate investing organization: https://www.youtube.com/@LarossaConstruction?sub_confirmation=1 WHO ARE WE? Home Flippers who focus on a PROFIT FIRST approach. Over a decade of experience and HUNDREDS of houses flipped for Sale or Rent. 00:00:00 - Introduction and First House Flipping Project 00:05:30 -…
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Key Points Covered: - The different stages of progression in managing rehabs - The importance of freeing up bandwidth for focusing on growth - Strategies for mitigating mistakes and maintaining project efficiency - The significance of smart scopes of work and vendor relationships - Balancing defense (construction) and offense (finding deals) in rea…
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From wholesaling to new builds, each strategy is dissected in terms of risk, deal ease, profits, and who it's best suited for. The host shares personal experiences and valuable insights, offering a deep dive into the world of real estate investment and house flipping. Tune in to gain a better understanding of the different house flipping strategies…
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From the truth behind owning hundreds of properties to the reality of flipping houses, we break down the misleading information often portrayed by real estate gurus. Join us as we share stories, insights, and practical advice on how to navigate the world of real estate investing without feeling overwhelmed. Learn from real-life experiences and disc…
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Key Points Covered: - The different stages of progression in managing rehabs - The importance of freeing up bandwidth for focusing on growth - Strategies for mitigating mistakes and maintaining project efficiency - The significance of smart scopes of work and vendor relationships - Balancing defense (construction) and offense (finding deals) in rea…
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From issues with communication to unexpected change orders, we explore the red flags that could indicate potential problems with your project. We also discuss the importance of setting clear expectations with contractors, understanding the reasons behind corner-cutting behavior, and how investors can protect themselves in the construction industry.…
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I've been in the game for a while now, and over time, I've identified nine distinct types of individuals who are likely to fail at house flipping. These observations come from my own experiences and from witnessing the trials and errors of various investors who have approached me for construction services or to purchase properties. Remember, it's c…
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From pricing strategies to project types and communication barriers, take a deep dive with us to see how these factors impact the cost of doing business with contractors. The importance of aligning your priorities with your contractor is crucial to ensure a successful partnership. Factors such as craftsmanship, project types, and payment confidence…
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This episode explores the different levels of real estate investment and organization, framed through the speaker's personal growth journey in real estate. From DIY efforts to the realization of the need for a strategic and managerial approach, the speaker outlines four distinct levels in the evolution of a real estate investor. The narrative empha…
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This episode delves into the speaker's personal journey in the real estate investment and contracting world, from initial mistakes with general contractors to discovering the importance of working with contractors who align with the investor's vision. The speaker reflects on the evolution of their approach to hiring contractors, moving from those f…
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Learn the common misalignments in expectations between customers and contractors, and gain practical tips for fostering better relationships with your contractors. Note the five key things you should not expect from your contractor, from setting realistic project visions to understanding the role of architects and engineers. Pick up on how to navig…
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Discover the untold truths about managing contractors for investor-grade rehabs and how it differs from conventional wisdom. This video is a deep dive into the complexities and strategies for success. Summary: Managing contractors on investor-grade rehabs presents unique challenges, debunking common misconceptions about the construction industry. F…
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This podcast focuses on the nuanced world of rehab contracting, emphasizing that not all contractors are suited for every type of project. The speaker discusses the three main types of contractors relevant to investor-grade rehabs: Specialists, All-Arounders, and Handymen. Each type serves a unique purpose, with Specialists focusing on a single tas…
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In Episode 107, the focus is on the pitfalls of "keyboard warrior itis" and the dangers of misinformation prevalent in online real estate forums, specifically targeting myths perpetuated by inexperienced individuals. The episode criticizes the cycle of false knowledge generated by those who prioritize spreading information over genuine experience, …
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In this episode, I dive into the all-weather approach to investing in houses. Throughout my years as a real estate investor, I've tried various strategies, some successful and many not so successful. Through trial and error, I've come to realize the importance of focusing on key areas that yield the best results. The all-weather approach consists o…
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Flipping houses can be tough; from dealing with contractors to managing budgets and finding good deals. Through honest reflections on my own experiences, I dive into the highs and lows of the house flipping business, offering valuable lessons learned along the way. Watch to learn how to navigate the contractor's black hole, prevent budget blowouts,…
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In this episode, we dive into the importance of building a comprehensive scope of work for real estate projects. A scope of work serves as both a project vision and a budget, outlining the tasks and details required for each job. We start by discussing the four key components of a scope of work: project vision, job details, budget, and project mana…
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