Blue Collar Money: Theories of Middle Class Investing

Modeling, Part 1: A Case Study in Beginning Real Estate Investing with Bob Faletti

Episode Summary

In this episode we interview Investor and Entrepreneur, Bob Faletti on his process getting started in real estate investing.

Episode Notes

We had a great time interviewing Bob Faletti and hearing about the start of his real estate investment business.  Our conversation centered around 7 crucial steps that he suggested for beginners  to integrate into their investment plan.

1. Assess the risk and the work involved.
2. Structure:  Full time or part time work.
3. Vendors:  make sure you hire the right vendors to help you keep your workload in check.
4. Find a successful model to mimic
5. Work with a coach or strategist who has a proven track record.
6. Live your values through serving your clients/tenants.
7. Choose the right property - dont jump into the deal without weighing all the factors.