Kevin Guz goes over 3 appealing aspects of real estate investing. Not only is it a transactional type of business with a beginning and end for each deal, but it’s obtainable as long as you put the effort in.
Mike: Welcome to the “We Buy Ugly Houses” show where real investors share real investing stories and lessons from the trenches, where our team buy thousands of investment properties each year. Now, let’s meet today’s host.
Kevin: Hi, my name is Kevin Guz and I am a HomeVestor franchisee and real estate investor here in Dallas, Texas and today it is my pleasure to be your host of the “We Buy Ugly Houses” show and today I want to talk to you about what’s the big deal with real estate investment. Why is everybody so excited about it, why is everybody interested in it, and why do so many people want to be a real estate investor?
I can’t tell you why for everyone, but I can tell you why from my experience with over 10 years of real estate investing here in Dallas. And I’ll tell you first off what I love about real estate investing is it’s transactional in nature, meaning every real estate investment has a defined beginning and defined end. And I like that. They don’t drag on forever, the transactions when you buy or sell or buy and lease or buy and fix and sell a house. It’s also very repeatable. Meaning you can do it over and over again.
Which what that allows you to do is it allows you to get good at something. When you continuously have an opportunity to do it over again you have a great opportunity for continuous improvement and you get better and better the more you do it.
Also what I love about real estate investing is that it’s transformational, meaning you can change a seller’s life. We deal with the distressed sellers all the time, who have an issue, a problem, they need to sell this house to solve that problem whatever it may be. You have an opportunity to truly transform somebody’s life, somebody’s situation, by solving their problem.
You can also transform a neighborhood. Every time we buy a house we’re going to make it better. We’re going to paint it, we’re going to clean it, we’re going to fix it up, and we’re going to put the next family in there whether it’s a tenant or whether it’s a new owner occupant, but we’re going to transform and improve the neighborhood.
And then finally you’re going to also have an opportunity to transform somebody, maybe it’s an investor. Maybe you’re going to provide them with that wholesale deal or that rehab that they’ve been looking all year for and you’re going to be able to make a difference and transform their business. So there’s is a lot of different way in which your real estate investing going to transform other people’s lives, others people’s businesses and other people’s situations. And finally real estate investment, in addition to being transactional and transformational, I also find it to be attainable. And what that means is everybody can be a real estate investor if you want to be. If you’ve got the energy and the enthusiasm, the motivation to go out and do it.
And you don’t need a lot of money, you don’t need a fancy degree, you don’t need some unique family history, you don’t need to live in some unique part of the country to be a successful real estate investor. It’s attainable. As a matter of fact, as many of you’ve seen or probably have seen, is most millionaires in the United States have made their wealth through real estate, in some form or another, so it’s attainable for so many people and that’s what great about real estate investing. The transactional nature, transformational nature, and the attainable nature of it and the fact that you can do it, wherever you are, whoever you are, as long as you put forth the effort and truly want to be a real estate investor. And I’ll be the first to tell you it’s not for everybody. It’s not a get rich quick avenue to riches and wealth and it’s a lot more work than you’re going to see on that Saturday afternoon television show, but I will tell you if you like the things that I like in it, the transactional nature, the transformational nature and the attainability of it, then you’ll love it. And I’m sure there’s many more aspects of real estate investing that I didn’t mention today that that you’ll love.
So I encourage you to look at it, give it a try, and here’s to your success in your endeavors as a real estate investor. Thanks a lot and we’ll see you next time on the “We Buy Ugly Houses” show.
Mike: Are you looking to get started in real estate investing or take your investing business to the next level? HomeVestors, the We Buy Ugly Houses folks, is the number one home buyer in America, where our franchisees purchase thousands of houses each year, many of which started with little to no experience. If you’d like to chat, please visit uglyopportunites.com/contact. Learn more from the We Buy Ugly Houses show and amazing HomeVestors team by watching more shows at uglyopportunites.com/show or by finding us on iTunes or Stitcher radio.