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Agent by Day, Contractor by Night - DIY Real Estate Investing With Karonna Hosey
Ep. 7 Agent by Day, Contractor by Night - DIY Real Estate Investing With Karonna Hosey
Ep. 7 Agent by Day, Contractor by Night - DIY Real Estate Investing With Karonna Hosey
Agent by day, contractor by night! That's our guest for today's episode of the Aid to Assets podcast. We have Karonna Hosey, a seasoned realtor and associate broker with our Host Tiffany Watson.
Get ready to dive into the world of real estate as Karonna shares her journey from carpentry to becoming a successful real estate investor. She discusses the common themes she has observed among successful real estate investors and provides valuable advice on how to prepare for investing in this market.
From studying the market to building relationships with contractors, Karonna shares practical tips to help you make informed decisions. She also delves into the costs and considerations involved in purchasing a home or investment property, giving you a comprehensive understanding of what to expect.
Don't miss out on this opportunity to learn from the pro. Listen in!
Key Takeaways
Key Takeaways
00:00:00 Aid to Assets Introduction
00:01:03 The Real Estate Journey
00:02:37 Accomplishments in construction
00:06:45 Transition into real estate
00:14:00 Paying off the mortgage early
00:15:26 Challenges of entry-level investors
00:23:35 Working with hard money lenders
00:26:31 The importance of a strong team
00:29:49 Vetting potential contractors
00:35:26 Understanding upfront costs
00:38:56 Importance of closing costs
00:40:47 Investing in duplexes and triplexes
00:44:12 Calculating ROI for rental properties
00:51:33 Real Estate Academy Announcement
00:51:39 "Ten Steps to Six Figures" for Realtors
00:52:09 Importance of real estate education
Quotes
Quotes
"I was so scared but I kept going and kept going until I wasn't serious." (00:06:25)
"Don't go spending the money, invest. That is how you can break that cycle of poverty." (00:22:33)
"Having the knowledge of what the loan products are and which lenders have those loan products is one of another things that I specialize in knowing." (00:37:39)
"Most people do not have the education needed in order to successfully buy and sell property, and that's why you get professionals like us to help you do it, so you don't have to go through all of that." (00:52:09)
Connect With Karonna
Connect With Karonna
Resources and Links
Resources and Links
Let’s Chat About Your Goals!
Let’s Chat About Your Goals!
Book a Call Here: https://calendly.com/aidtoassets
Connect With Tiffany 🎙️
Connect With Tiffany 🎙️
Linkedin: https://www.linkedin.com/in/watsontiffany/
Instagram: https://www.instagram.com/aidtoassets/
Facebook: https://www.facebook.com/tiffany.aid.to.assets
Website: https://www.aidtoassets.com/
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