Calculated Real Estate Investing: Why Taking Risks Can Be Rewarding
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Max McGuirk is a Commercial Real Estate Broker at McGraw Commercial Properties, which specializes in the disposition, acquisition, and leasing of office buildings, industrial properties, and land. With over two years of commercial real estate experience, Max delivers custom solutions for customers in large and small transactions. He has been investing in real estate since he was 21 years old.
In this episode…Real estate investing is a lucrative way to earn money without exerting much effort. Yet reaching a level of profitability requires strategic thinking and a willingness to take calculated risks. Discover how an ordinary professional with a versatile background built a diverse real estate portfolio from the ground up.
With an education in accounting and a flair for athletics, Max McGuirk purchased two homes after competing in professional wrestling. Struggling to find momentum in his career, he became a teacher before discovering sales. Max excelled in this field, leading him to engage in tactical real estate investing, yielding high returns on neglected properties. When starting out, you’ll need to obtain funding, so Max recommends partnering with an experienced professional in the industry to split the costs. Since purchasing and renovating properties can also be risky, Max ensures he secures at least a 10% return rate on each transaction by estimating and including repair costs in the price. Through these methods, you can build a robust portfolio and generate consistent profit.
On this episode of The Same Day Podcast, Mat Zalk chats with Max McGuirk, a real estate investor and Commercial Broker at McGraw Commercial Properties, who shares strategies for real estate investment growth. Max talks about the investment strategy he leverages when interest rates rise, how he secured financing for a risky investment deal, and how to structure owner financing agreements.
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