keep more properties and cash flow in 2023
David Olds is the founder of Ez REI Closings, a real estate wholesale company based in Chattanooga, TN. He moved to Chattanooga in the middle of the crash in 2009 and built his business from the ground up, and he is on the show today to share his story.
Listen now to learn more about Ez REI Closings and the lessons David learned through the years as a real estate investor!
Quotables
“No matter what the market is, always be looking for opportunities to grab long-term cash flowing assets.”
“I think a lot of our customers are experiencing, what I heard at a conference the other day, a reversion. It’s not really a correction, it’s definitely not a crash, but it’s reverting back to normal.”
“Anybody that’s been around just a little bit and has a fully scaled-out business, they’re doubling down right now.”
“As soon as rates flatten and stabilize, it’s going to be a feeding frenzy. It’s going to be unbelievable.”
“I promise you, keep some of these properties. Get some financing, buy Sub-To, learn creative financing – whatever you have to do, but build that portfolio so you can get to the end faster.”
“It’s, in my opinion, the best investment vehicle in the world because it’s inflation indexed, it’s residual income, and it has an underlying asset.”