Ep 118: The true cost of buying and selling real estate
12:46 Share

When it comes to real estate investing for beginners and experts alike, the cost associated with buying and selling real estate is serious. A lot of people underestimate it. They think that you can buy an asset for X, sell it for Y, and in turn make a lot of money. What they don’t factor in are the people and entities that surround each deal, not to mention the time that must be invested in a property deal which can be anywhere from 6-12 months. This includes vetting brokers, preparing memorandums, reports, tax returns, property tax information, maintenance records, soliciting bids, and contracts. So again, real estate is not a liquid asset. I talk about this more in episode 3, but because of the feast and famine nature of the business, sponsors like me can go hungry for a long time, because if we’re not actively buying and selling, we’re not making a lot of money.

Thanks for listening!

Like this episode?

I think you’ll love my newsletter. I write a long form essay on how to build wealth and succeed to 250K+ readers each week. Subscribe here: www.nickhuber.com/newsletter)

Want to see all of my companies? Click here: www.nickhuber.com/portfolio)

Want more of my content?

 I’m @SweatyStartup everywhere:

Say hello on X: www.x.com/sweatystartup)

LinkedIn: www.linkedin.com/in/sweatystartup)

Instagram: www.instagram.com/sweatystartup)

TikTok: www.tiktok.com/sweatystartup)

Apple Podcasts: https://podcasts.apple.com/us/podcast/the-nick-huber-show/id1576120606)

Spotify: https://open.spotify.com/show/7L5zQxijU81xq4SbVYNs81)

Want my team and I to help sell your business? Click here: www.nickhuber.com/sell)

Want to buy a business that my brokerage represents? Click here: www.nickhuber.com/buy)

Are you an accredited investor and interested in learning more about potential deals? Fill out this form: www.nickhuber.com/invest)

Want my free PDF on how to analyze a self-storage facility? Click here: https://sweatystartup.ck.page/79046c9b03)

Want to hire me as a consultant? Click here: https://sweatystartup.com/storage)

Here are the links to my businesses:

usiness Brokerage - https://nickhuber.com/)

Personal Brand - https://sweatystartup.com/)

Self Storage - https://boltstorage.com/)

Bold SEO - https://boldseo.com/)

Insurance - https://titanrisk.com/)

Recruiting - https://recruitjet.com/)

Landing Page / Web Development - https://webrun.com/)

Overseas Staffing - https://supportshepherd.com/)

Debt and Equity - https://bluekeycapital.com/)

Tax Credit - https://taxcredithunter.com/)

Cost Segregation - https://recostseg.com/)

Performance Marketing - https://adrhino.com/)

Pest control - https://spidexx.com/)

That's all for now.

Thank you again for joining me on my Sweaty Startup journey.

Onward and upward!

-Nick