Lifetime Cash Flow Through Real Estate Investing Ep #1,006 - From Cold Calling To Building A $350M+ Property Portfolio
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Sep 9, 2024 Jeremiah Boucher, founder and CEO of Patriot Holdings, leads a successful Las Vegas real estate firm managing over $350M in assets. He shares his journey from cold calling to mastering mobile home parks and discusses the hidden keys to success in that market. Jeremiah reveals his early lessons in real estate, the importance of mindset shifts, and why he strategically invested in industrial assets. He also dives into the challenges of managing properties and his insights on self-storage opportunities, making it a must-listen for aspiring investors.
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The $60K Statue Of Liberty Flip
- Jeremiah bought a 140 sq ft outparcel (Statue of Liberty) for $60k and later sold it for $120k.
- That early mistake taught him market madness and deal lessons during the boom.
Bond With Sellers To Find Motivation
- Build rapport with sellers to discover true motivations beyond price.
- Use tactical empathy and listening to uncover what will actually make them sell.
Treat Mobile Home Parks As Infrastructure
- In mobile home parks you buy land-lease infrastructure, not the homes.
- Inspect water, sewer, wells and have plan B capital for infrastructure failures.
