180. REAL DEAL: The Path to a $100k+ Pay Day with Morgan Broderick
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Welcome to the Real Estate Investing School Podcast! In today's episode, host Brody Fausett interviews Real Estate Investing School student and new investor Morgan Broderick. Morgan shares her and her husband's experience with their first real estate deal in Price, Utah. The Broderick's began their real estate journey less than a year ago and shortly after they found a four-bedroom, two-bath house that initially seemed out of reach due to its high listing price. However, they persisted, tracked the property, and eventually secured it for $159,000 after several price drops and negotiations. Morgan highlights the importance of perseverance, networking, and leveraging resources like a good real estate agent and external funding to make the deal work. Their plan includes a $20,000 rehab, aiming to sell the property by October with an anticipated after-repair value (ARV) between $280,000 and $350,000, which could yield a significant profit. Selling the property within their target range will yield more than a year’s worth of salary for both Morgan and her husband in just one transaction!

The Broderick's got their real estate investing careers off the ground by taking advantage of an Instagram ad and making the leap to get a dedicated 1-on-1 coach. You are only a few right decisions away from changing your life. Take the first step and book a free real estate strategy call with one of our coaches. 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)