cover of episode 158. REAL DEAL: The Power of Personal Touch in Real Estate with Parker Vassau

158. REAL DEAL: The Power of Personal Touch in Real Estate with Parker Vassau

2024/5/16
logo of podcast Real Estate Investing School Podcast

Real Estate Investing School Podcast

Shownotes Transcript

Welcome back to the Real Estate Investing School Podcast! In today's episode, Brody is joined by Parker Vassau to discuss Parker's second real estate deal, a competitive duplex buy in Pleasant Grove, Utah. Learn how Parker secured the deal with a heartfelt letter, minimized initial costs with smart renovations, and turned a basement dungeon into a cash-flowing asset.

Parker and Brody dive into the financial aspects of the deal, revealing how he used a 5% down conventional owner-occupied loan to minimize upfront costs. He discusses the renovations he undertook, including adding a bedroom by simply installing a wall, which significantly increased the property's rental value. Parker's experience highlights the power of smart, cost-effective improvements and the long-term benefits of real estate investment. His story is a testament to the value of patience, strategic thinking, and the willingness to make short-term sacrifices for long-term gains.

Whether you're new to the game or a seasoned investor, our podcast offers real-world examples of how to create and sustain success in real estate investing. Connect with us and take the next step in your investing journey by booking a free strategy call with us in the link below! Book a free real estate investing strategy call! No experience necessary.) Check out the Real Estate Investing School Youtube) Real Estate Investing School Instagram) Brody’s Instagram) Parker's Instagram)