Business
On this week's episode, we interview episode 24 guest, Marion Lee for an update episode. Marion Lee decided to invest out of state from California because the cost was so much lower. Since this last episode he has increased his portfolio to 20 doors.Marion has helped me tremendously in my own personal investing and he helped me save thousands of dollars on rehab costs this past summer. During this episode, we discuss working with tenants during the pandemic, growing his portfolio, plans to leave his 9-5 and more. How to find himIG- @legacyhomesolutionsWebsite- https://www.realestateapparel.co/Highlights1) It's important to be understanding of tenants if they are going through things like job loss. However there is a balance, don't allow yourself to be taken advantage of. 2) When dealing with wholesalers, make sure you know your criteria and clearly communicate. Don't waste their time, make sure you're a serious buyer. 3) If you invest out of state, boots on the ground are very important. Even if you have a property manager, it's important to have a second set of eyes.Access all of our resources on our website- https://www.blackrealestatedialogue.com/linksJoin the B.R.E.D. Real Estate Investing Community for $1- https://www.outofstatemoney.com/community-sales-page-1Learn how to invest out of state- https://www.outofstatemoney.com/