Ep 66: The ‘Hows’ of Real Estate Investing Even When You Know Nothing or Everything with Justin Wawrzyniak
With no experience in investing, sometimes, it is overlooked that young hustlers can also put value to the table. And that is the deal that they offer. From being a top engineer to aspiring to go on bigger pockets, Justin Wawrzyniak shares his ‘crazy career change’ journey.
Listen as Justin explains to us, step by step, his secrets to having a constant deal flow and closing deals for larger assets. He also explained why building and exerting effort in relationships is his bread and butter in Real Estate.
💥💥 Remember, this is your MBA. Have a notepad handy, and get ready to take some 📝 notes!
Key Points from This Episode:
Justin shared how he changed his career from being a top engineer to a full-time multi-family real estate investor and entrepreneur.
How his assets grew from just one apartment building to having a six-unit Airbnb conversion project, eight other units, eight wholesaled units, and being under contracted by a 27-unit property.
How do you invest with little to no capital?
Deal: the weapon you need to be able to invest with little to no capital.
Justin talks about his ways of finding a deal and the specific markets he’s looking at.
Growing connection — Justin’s way to know when and what to invest in.
His engineering skills as one of his edges to pave real estate.
Justin’s three components to attaining constant deal flow.
Justin’s bread and butter: Focus on relationships and relationship building because real estate is a relationship-based business.
How does building relationships allow Justin to close deals on larger assets.
The ultimate key on how to eliminate competition in the market.
Justin emphasizes that it is important to stay true to the deal and have the clients get what they paid for.
Clients are more receptive when there is transparency of everything that’s happening including the mistakes.
Tweetables:
“The value I can provide as a young hustler is the deal. The deal itself is worth something to people who have, maybe they are doctors or lawyers working, you know, nine-to-fives that they don't have any time to go hit the pavement and try to find a good deal.” – Justin Wawrzyniak
“We focus on relationships because real estate is a relationship-based business.” – Justin Wawrzyniak
“We're here to try to solve their problems and, ultimately, buy their property at a fair price.” – Justin Wawrzyniak
“But we're also enjoying a relationship with another investor in the area that understands the market that we want to go into and we can learn stuff from him as well.” – Justin Wawrzyniak
“Before you even consider taking money from someone, make sure the property is good.” – Justin Wawrzyniak
Links Mentioned:
Justin Wawrzyniak on Instagram
Justin Wawrrzyniak on LinkedIn
About Justin Wawrzyniak
Justin began his career as a highly recruited Engineer. After only two short years in corporate America, Justin left his secure 9-5 in pursuit of financial freedom. That was when the Cash Flow Cowboy was born!
At the age of just 26 years old, Justin became a full-time Multifamily Real Estate Investor and Entrepreneur. To date, he has closed on over 25 deals and $6.5M in assets. He has started his own Investment Company and developed a revolutionary Direct-to-Seller software system.
Justin is very active on social media logging his journey to 300 units by 30 years old. He is currently 27 years old and under contract on his 59th apartment unit in the last 1.5 years.
Please subscribe to the Real Estate Investor MBA Podcast on the following platforms:
iTuneshttps://www.linkedin.com/company/realestateinvestormba-com
Spotify
Stitcher
iHeart Radio
TuneIN
Google Podcast
🙌 If you like what we are doing and see that we are providing a lot of value, please be sure to leave us a 5-star review and positive comment. In doing so, this helps us continue to attract the highest quality type guests to interview and for you to listen to.
Check us out at our new website at: https://www.rei.mba/
Follow us on Social Media:
✔️ YouTube
✔️ Facebook
✔️ LinkedIn
✔️ Instagram
✔️ Twitter