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Ep 553: Starting Real Estate From Nothing In 2024 With Henry Washington
Manage episode 433351144 series 3413169
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In this episode of the Hive With Us Podcast, the hosts catch up with real estate investor Henry Washington to discuss the shifting market, strategies for success, and the importance of collaboration and social media presence in the real estate industry. The conversation touches on market adaptations, the value of strategic partnerships, and the benefits of building a social media brand to share knowledge and attract opportunities.
Chapter 1: Market Shifts and Adaptations (0:00 - 2:30)
Henry discusses recent changes in the real estate market, including how rising prices have influenced his focus on fix-and-flip properties. He shares insights on how he's navigating the market and adjusting his strategies to maintain profitability.
Chapter 2: The Power of Strategic Partnerships (2:31 - 6:00)
The conversation shifts to the value of partnering with other investors and leveraging relationships to find deals. Henry emphasizes the importance of working with local banks and understanding their lending preferences to secure financing.
Chapter 3: Leveraging Additional Assets (6:01 - 9:30)
Henry talks about his experience acquiring properties that come with additional lots of land, a strategy that adds value and opens up new opportunities for development. The hosts discuss similar strategies and the benefits of targeting properties with extra land.
Chapter 4: Building a Social Media Brand (9:31 - 17:00)
The hosts and Henry discuss the importance of creating a social media presence, not just for business growth but also for sharing knowledge and helping others. Henry shares his journey of starting a brand on social media, the benefits of sharing his experiences, and how it has impacted his business.
Chapter 5: Overcoming Challenges and Embracing the Journey (17:01 - 31:00)
The episode concludes with a discussion on the challenges of hosting events, overcoming personal setbacks, and the importance of perseverance in the face of adversity. Henry and the hosts reflect on their experiences with organizing events and the lessons learned along the way.
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