cover of episode 162. REAL DEAL: One Deal, Two Perspectives With Brydger Purdy

162. REAL DEAL: One Deal, Two Perspectives With Brydger Purdy

2024/5/30
logo of podcast Real Estate Investing School Podcast

Real Estate Investing School Podcast

Shownotes Transcript

Welcome back to the Real Estate Investing School Podcast! This Real Deal episode focuses on a specific real estate deal in Southern Utah involving Brydger Purdy and Eric Gubler. Part two of this two-part episode, ends with Brydger's perspective.

This week, Bridger shares his perspective on his Southern Utah house hack. After searching for a property with Eric for eight months, Brydger discovered a five-bedroom, three-bathroom home with an additional unlisted bedroom and a separate electrical meter for a potential duplex setup. Despite the terrible listing, they decided to explore the property further, drawn by its potential for converting it into a multi-bedroom rental property.

Brydger emphasizes the importance of perseverance and networking in real estate investing. He details how their partnership leveraged Eric's experience and financial history to secure the property with a down payment of $15,000 to $17,000. Bridger credits Eric's effective communication and negotiation skills with the seller and real estate agent for securing favorable terms, including a $7,000 seller credit to help buy down their interest rate. Bridger advises aspiring investors to invest in relationships, hustle, and seek advice from experienced individuals in the field. Get connected with potential partners and book a free strategy call with us in the link below to see how we can help you! 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) Brydger's Instagram) Eric's Instagram)