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The Best Place To Find Real Estate Deals in Wisco and Much More with Frank Rick
Manage episode 481519187 series 3606824
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Unlock the secrets of real estate success with seasoned investor Frank Rick on the Wisconsin Investor Podcast. Frank, whose career started in the mid-1990s, offers a unique perspective on how the landscape of real estate has transformed over the years. We discuss how financing options have evolved, making it easier to secure funding while simultaneously increasing competition. Frank highlights the importance of cultivating strong relationships with lenders and the critical role of modern technology in today's market, contrasting it with the more challenging methods of yesteryears.
Experience firsthand insights into the benefits of transitioning from self-managing properties to employing professional property management services. After two decades of managing our own properties, Frank and I reveal the efficiencies and legal advantages that professionals bring to the table. We also discuss our strategy of moving from older properties to newer ones, allowing us to concentrate on high-value activities like deal-making and team-building, which ultimately enhance our investment portfolio.
Gain actionable tips on evaluating long-term investments and deciding when to sell underperforming properties. Frank shares his expertise on various financing options, from commercial loans to leveraging home equity lines of credit. We also emphasize the importance of timely investments, continuous education, and building a robust team of professionals to support your real estate journey. To wrap it up, we share our favorite local dining spot, Schwartz's Supper Club, and invite listeners to connect with our community for personalized investment guidance. Don't miss this opportunity to elevate your real estate game with insights from a true industry veteran!
Chapters
1. The Best Place To Find Real Estate Deals in Wisco and Much More with Frank Rick (00:00:00)
2. Wisconsin Real Estate Investment Strategies (00:00:02)
3. Real Estate Management Efficiency and Strategy (00:15:29)
4. Real Estate Investment Strategies and Financing (00:27:23)
5. Real Estate Investment Advice and Tips (00:35:03)
6. Wisconsin Investor Contact Opportunity (00:39:40)
38 episodes
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