Listen "EPISODE 13: How Brandon Rickman Rebuilt After the 2008 Crash and Built Generational Wealth"
Episode Synopsis
In this episode of the Be Someone podcast, Michael Hong interviews Brandon Rickman, a successful real estate investor from Atlanta, Georgia. Brandon shares his journey from starting in construction to flipping houses and wholesaling. He discusses the importance of finding good deals, hiring contractors, and managing projects effectively. The conversation also covers the transition to self-storage investments, funding strategies, and the significance of understanding future land use maps. Brandon emphasizes the value of partnerships and the potential for generational wealth in real estate.TakeawaysBrandon started in real estate through his father's construction background.His first deal took three months and $15,000 in marketing costs.Finding a good deal is crucial; everything else follows.Hiring contractors is essential for efficiency and profitability.Managing contractor expectations can prevent project delays.Remote investing can be facilitated with technology like cameras and Wi-Fi.Self-storage investments offer long-term returns and less management hassle.Future land use maps can guide investment decisions.Partnerships with experienced investors can accelerate learning and success.Business is fundamentally about building relationships. Chapters00:00 Introduction to Brandon Rickman and His Journey02:02 First Deal and Marketing Strategies04:29 Transitioning from Flipping to Wholesaling05:46 The Importance of Hiring Contractors08:06 Vetting Contractors and Managing Projects10:38 Contractor Agreements and Expectations13:29 Managing Job Sites Effectively15:40 Downtime and Work Schedules for Contractors18:44 Remote Investing and Technology in Real Estate21:45 Shifts in the Short-Term Rental Market23:11 Exploring Self-Storage Investments26:06 Navigating Large Investments in Self-Storage32:09 Understanding Future Land Use Maps37:20 Building Relationships with REITs40:17 The Future of Self-Storage Development44:11 Life-Changing Books and Personal Growth48:06 Giving Back to the CommunityHow to Get in Touch with Brandon Rickman:TheFlipGenius.comYouTube: www.youtube.com/@theflipgeniusFacebook: Brandon RickmanInstagram: brandonrickman08TikTok: brandonrickman08If you want to talk about deals or if you have deals in Houston area, DM Michael Hoang on his Instagram: @michaelbesomeone or shoot him a message at 832-301-9672 (text first before calling)#realestaterookie #realestateleads #wholesalerealestate #wholesalingrealestate #flippingmastery
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