The first house that I bought, it was my 46th offer. It took me six months of after work, going out, looking for properties, putting in offers, getting rejected.
No one wants to work with a 22-year-old who is trying to put an offer his first one. So I put the poor realtors that I worked with went through the ringer with me, and we finally found one. And then after we closed on it Iwas responsible for finding it, all of the rehab and managing it.
So for another six months After work, guys. So from five to 10, I was going over to the property and painting it, rehabbing it, doing the flooring, installing the vanity, painting the kitchen cabinets, sanding them. So all of those little things, and I'll give you another thing.
I didn't know how to do any of that. I was never taught it. And so I didn't know how to do it. So what I did, there's a guy on my basketball team from college that I knew was very handy. He grew up on the farm. So I said, Hey, Nate, my buddy, I was like, I'll pay you 25 an hour. We will come out after work and we'll do this thing and then I'm just going to be your grunt.
Whatever you need, I'm here. I'm just here to help you. You teach me whatever. And we'll just start doing this thing together. It took us six months. We were finally able to get it done. And the finished product, we were able to rent it and then refinance all of the capital back to my parents,
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Thank you to all of our listeners!!! We would love to hear from you!!!
Email us at:
hutch@hsquaredcapital.com heath@hsquaredcapital.com
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