Dark Side of Real Estate Investing (Tony Javier)

07/17/23 • 37 min

What are the pros and cons (or downsides) of real estate investing?

The pros of real estate investing are pretty well known, the ability to use leverage (debt) to buy properties that generate passive income (cashflow) that also appreciate in value (equity) while giving tax benefits (depreciation).

But every investment has its cons, some of real estate's downsides are market volatility, bad tenants, vacancies, maintenance, and legal/regulatory issues. Basically it comes down to tenants, toilets, and termites.

Tony Javier's career as a real estate investor was almost derailed by those downsides. Luckily he didn't listen to the naysayers and dove right in, acquiring 10 rental properties in just a few years using the BRRRR method.

⏰ TIME STAMPS ⏰

00:00 Tony Javier - Real Estate Investor TV consultant

01:00 Carleton Sheets - Real Estate Infomercial

02:03 BRRRR Method Success

04:57 Dropping out of College

06:30 Toilets & Tenants

07:35 Worst Deal

17:06 TV ads for Real Estate Investors

22:00 Founding 10X TV

25:30 TV ads in big vs midsize markets

29:18 TV vs Direct Mail

32:49 Why 10X TV?

What are the pros and cons (or downsides) of real estate investing?

⏰ TIME STAMPS ⏰

00:00 Tony Javier - Real Estate Investor TV consultant

01:00 Carleton Sheets - Real Estate Infomercial

02:03 BRRRR Method Success

04:57 Dropping out of College

06:30 Toilets & Tenants

07:35 Worst Deal

17:06 TV ads for Real Estate Investors

22:00 Founding 10X TV

25:30 TV ads in big vs midsize markets

29:18 TV vs Direct Mail

32:49 Why 10X TV?

Previous Episode

Red Flags & Real Estate Scams (Dean Rogers)

Scammers are just a part of life, but Dean Rogers learned how to do 'deeper' due diligence after he got burned by a known criminal. Dean lost $180,000 but sees how he could have avoided it by trusting his gut and making a few more phone calls to other people involved in the deal.

Con-men (and Con-women) know that most people want to trust other people, and they abuse that trust to scam people. To avoid scams in real estate (or anywhere) just remember this quote:

"Trust, but verify." - Ronald Reagan

⏰ TIME STAMPS ⏰

00:00 Dean Rogers - Real Estate Investor

01:43 Football Career & NFL Signing

09:54 Deciding to Retire

15:30 Corporate Life Letdown

16:20 Getting First Wholesale Deal

22:19 Real Estate Investing 101

23:47 Co-Wholesaling to Going Solo

28:08 Real Estate Due Diligence

29:31 Red Flags & Real Estate Scams

38:02 How to Expose the Scammer

45:00 The Deal Champs Podcast

Next Episode

Love Yourself Like Your Dog (Brad Chandler)

Brad Chandler knew he never wanted to work for someone else, so when an investor flipped Brad's neighbor's house he saw the potential. So every night after putting his son to bed Brad would place bandit signs and hand address envelopes to find his first deal. After a few months he still didn't have a deal, but he stayed persistent and after 8 months of searching he landed 6 deals and quit his job.

That's when a few tips from his real estate mentors helped him take off. From "We Buy Houses" signs in every front yard, to advertising deals as "Handyman Specials" (from Ron LeGrand's cassette tapes) Brad's marketing machine began to pick up steam.

Then one day Brad was working with a coach for his son, when the coach noticed that Brad had a nervous tic when recalling his childhood memories. That's what started Brad on the pursuit of happiness, which took him back to his childhood to confront some of the traumas he faced. It turns out the secret to happiness is exploring your subconscious mind and learning to control the thoughts that it spews out.

But when Brad looked around, he saw a lack of self-love everywhere he went. Alcohol abuse, drug addiction, and failing marriages are some of symptoms of subconscious unhappiness. So Brad set out on a mission to help every entrepreneur learn to love themselves and be happier. So join his Facebook Group and take his 60-Second Self-Love quiz with the links below.

The 60-Second Self-Love Quiz https://bradchandler.com/love

How to Be Happier (for Entrepreneurs) Facebook Group https://www.facebook.com/groups/howtobehappy/

⏰ TIME STAMPS ⏰

00:00 Brad Chandler - Real Estate Investor

03:20 Dead End Job

04:30 First Deal

05:40 Real Estate Mentors

07:10 Ron Legrand Cassette Tapes

08:45 Ask This Question

10:10 Scaling Up

12:30 Implementing E-Myth

13:40 Money Pits