The iCandy Realty Fix & List Model with Steve Budzik
Guest: Steve Budzik is the managing broker & founder of iCandy Realty, a Boutique Real Estate Brokerage in Mokena, IL serving the greater Chicago Real Estate Market. Steve is also an accomplished high volume fix & flip investor. Long time listeners will remember Steve’s past REI Diamonds episode where we discussed high dollar house flipping.
Big Idea: Steve developed the fix & list program to help his brokerage sell houses faster & at a higher price. The experience and contacts he developed flipping houses has dovetailed neatly into this new program. Steve has built both his brokerage & real estate investing business with a priority on high level service to the market place over high volume advertising. Our conversation begins with Steve’s evolution to the fix & list business model, his views on how to mitigate risk both as an investor and as a real estate agent, as well as a few reasons he believes every real estate agent should offer a program like this. Let’s begin:
Episode 231: Insights from Crowdfunding Expert Adam Gower
Guest: Adam Gower, a seasoned real estate crowdfunding and syndication expert hailing from Central Coast California, has embarked on an extraordinary journey in real estate finance. His diverse experiences, from dwelling in Beverly Hills to navigating the California Coast’s tumultuous waters, have uniquely sculpted his perspective on real estate investing. Within his captivating background lies an intriguing PhD thesis, delving into the historical intricacies of banks underwriting financing during the 1904-1905 Russo-Japanese war. Adam’s profound knowledge of financial history and its practical application to real estate investment is genuinely enlightening
Big Idea: In this episode, Adam Gower, a real estate crowdfunding and syndication expert, discusses the evolving landscape of real estate financing, emphasizing the importance of risk management, adapting to changing market dynamics, and leveraging syndication and crowdfunding opportunities for real estate investors.
This Episode of The REI Diamonds Show is Sponsored by the Deal Machine. This Software Enables Real Estate Investors to Develop a Reliable & Low Cost Source of Off Market Deals. For a Limited Time, You Get Free Access at http://REIDealMachine.com/
This Episode is Also Sponsored by the Lending Home. Lending Home Offers Reliable & Low Cost Fix & Flip Loans with Interest Rates as Low as 9.25%. Buy & Hold Loans Offered Even Lower. Get a FREE IPad when you Close Your First Deal by Registering Now at http://REILineOfCredit.com
Resources mentioned in this episode:
View the Episode Description & Transcript Here:
Adam Gower & I Discuss Crowdfunding:
• Market Migration Trends: Exploring the migration of people from California to Florida and its potential impact on the real estate market.
• Risk Management: Drawing lessons from historical financial practices to highlight the crucial role of risk management in modern real estate investing.
• Changing Real Estate Dynamics: Understanding the impact of fluctuating interest rates, insurance costs, taxes, and other factors on real estate investments.
• Principal-Agent Conflict: Emphasizing the importance of active management and hands-on involvement in real estate deals to maximize returns.
• Syndication and Crowdfunding: Exploring the legal aspects and online visibility needed to attract investors through crowdfunding and syndication, along with strategies for scaling real estate businesses.
Relevant Episodes: (There are 231 Content Packed Interviews in Total)
• How to Make $300K/Year Investing in Mobile Homes with No Money Down
• Kevin Bupp on Mobile Home Park Investing
• 10 Years Ago Today-The Birth of D.E.I.
• Jefferson Lilly on Mobile Home Park Investing
Dan Breslin: Welcome to the REI Diamond Show. I’m your host Dan Breslin and this is episode 199 on the iCandy Realty fix and flip model with Steve Budzik. If you’re into building wealth through real estate investing, you are in the right place. My goal is to identify high-caliber real estate investors and other industry service providers, inviting them on the show, and then draw out the jewels of wisdom. Those tactics, mindsets, and methods, used to create millions of dollars more in the business of real estate.
Steve Budzik is the managing broker and founder of iCandy Realty. A boutique real estate brokerage in Mokena, Illinois, serving the greater Chicago real estate market. Steve is also an accomplished high-volume fix and flip investor. Long-time listeners will remember Steve’s past REI Diamonds episode where we discussed his high-dollar house flipping strategy. Since then, Steve has developed the fix and list program to help his brokerage sell houses faster and at a higher price. The experience and contacts he developed flipping houses along the way have dovetailed neatly into this new program. Steve has built both his brokerage and real estate investing business with a priority on high-level service to the marketplace over high-volume advertising. Our conversation begins with Steve’s evolution into the fix and flip business model, his views on how to mitigate risk both as an investor and as a real estate agent, as well as a few reasons he believes every real estate agent should offer a program like this. Let’s begin. All right, cool. Welcome back, Steve. How are you doing today?
Steve Budzik: Good, good. Thanks for having me on the show, Dan.
Dan: Yeah. Absolutely. I guess it’s been maybe what? 2017 or something like that? Maybe in 2016? One of the early guests of the REI Diamond Show is returning.
Steve: Yeah. Absolutely, man. I love it. I love it.
Episode Sponsored by the Deal Machine:
Driving for Dollars Software to Build a Team of Drivers, Manage Routes, & Even Automate Marketing. Free Access at http://REIDealMachine.com/
Resources mentioned in this episode:
Steve & I Discuss the Fix & List Real Estate Brokerage Model:
Generating Faster Sales & Higher Prices (& Higher Commission!)
How to Generate 80% of Business from REFERRALS
Landlords Using the Fix & List Program
Listing a Property Per Week with NO Ad Spend
Relevant Episodes: (There are 199 Content Packed Interviews in Total)
- Steve Budzik on High Volume & High Dollar House Flipping & Boutique Brokerage
- Aaron Lockhart on Doing Deals with Diamond Equity
- Steve Werner on Where Have All the $50,000 Fix & Flip Deals Gone?
- How to Find Off Market Real Estate Deals with Zack Boothe