The Flip Empire Show By Alex Pardo On the New York City Podcast Network

EP418: Antonio Edwards — How To Buy Assets And Create CASH FLOW (as A Wholesaler And/or Fix & Flip Investor)

Play This Episode

0 Votes

Antonio Edwards specializes in finding distressed residential and commercial properties at a discount for wholesale rehab buy-and-hold owner financing and lease options Antonio also teaches others around the world how to quit their job and become financially free by making money in real estate without having to use no money and credit He shares his thoughts on how to keep things lean during a pandemic and why you should be hyper-focused on acquiring assets in your portfolio Key Takeaways How long has Antonio been in real estate Antonio s first deal was a crack house It was crazy Antonio worked with a mentor very early on to help him through this Always surround yourself with good people to help you through Alex did okay for himself in the first few years without a mentor but he made a ton of mistakes The best investment you can make is in yourself You don t know what you don t know How has COVID-19 impacted Antonio s market business and community How has Antonio pivoted due to the pandemic Start offering lower on your houses Around 15 20 lower Rehabbers Be cautious The market is too uncertain How has Antonio been communicating with his tenants People who have cash in the bank will prevail What is the difference between now and 2009 It s critical to live below your means Due to the pandemic Antonio has been able to be more present with his family Antonio talks about when he knew that this pandemic was going to be serious If you want to flip keep it up but Antonio recommends you keep some properties for cashflow How can wholesalers keep afloat during this pandemic What should they be doing thinking about The real name of the game is cashflow How does Antonio break down his cash percentage in his business when he closes a deal and makes a profit Let s talk about self-directed IRA When you have debt it introduces risk Antonio discusses the pros and cons of having a debt model vs a free-and-clear model If you keep things simple you re going to win the game Alex opens the podcast up for Q A Mentioned in This Episode Do you see the value in a High-Level Mastermind Community of Successful Entrepreneurs Do you believe the right Coaching can help get you to where you want to go Learn more about ASCEND and let s have a conversation to see how we can help you Ascend your LIFE BUSINESS Let s Connect on Instagram alexpardo25 and other Social Media platforms — see links below Connect with Antonio on Instagram antonio j edwards Recommended Books Rich Dad Poor Dad by Robert Kiyosaki and Sharon Lechter Profit First Transform Your Business from a Cash Eating Monster to a Money-Making Machine by Mike Michalowicz LISTEN SUBSCRIBE TO THE FLIP EMPIRE SHOW PODCAST on Apple Podcasts http www flipempire com podcast SUBSCRIBE TO ALEX PARDO S YOUTUBE CHANNEL NOW https www youtube com alexpardo How To Grow Your Business Expand Your Impact and Experience Your Perfect Life Don t Wait To Enjoy Your Life Tomorrow Live It Today https www AscendYourSuccess com Access to Online Course 5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures In 6 Months Or Less http www flipempire com WHO IS ALEX PARDO https flipempire com about FOLLOW ME ON INSTAGRAM http instagram com alexpardo25 FACEBOOK https www facebook com alexpardo15 LINKEDIN https www linkedin com in alex-pardoYOUTUBE https www youtube com alexpardo Tweetables I think we re going to have a bad cycle in the next 90-plus days Every five properties I flip I like to keep one You should have some money to buy one that way The name of a game as an investor is to really buy an asset Ask Alex A Question Have a question you want featured on an upcoming Flip Empire Show Head over to the Ask Alex page and record your question We ve made it super easy for you so let us know what challenges you are having and Alex will answer it personally Did you get your FREE Online Course Head over to FlipEmpire com and get instant access to the 5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures In 6 Months Or Less video module training course Subscribe To The Flip Empire Show and Leave a Rating Review img class alignnone size-full wp-image-348 src http flipempire com wp-content uploads 2016 06 Layout-2-iTunes png alt Layout 2 iTunes width 482 height 109 Click here to visit this podcast episode

Listen to our podcast on podcasting success!