Whether you're a new or experienced investor, this episode will give you a competitive edge and help you expand your real estate business. Derek Dombeck joins us to talk about price gouging's adverse effects, the advantages of educating children about real estate, and the common challenges new investors face due to shifting markets. Tune in to learn some advice for making smarter investment decisions!
KEY TAKEAWAYS
Challenges you need to be aware of as a new investor
What new investors can expect in the current market situation
Negative effects of increasing prices in real estate
Why you should consider cap rates in asset purchases
The advantage of encouraging children to get involved in real estate
RESOURCES/LINKS MENTIONED
Kyle Wilson https://www.linkedin.com/in/kwmarketing/
The Generations of Wealth Voyage https://gowvoyage.com/
ALL ABOUT DEREK DOMBECK
As a successful investor, Derek Dombeck has surfed the ups and downs of the market since 2003. Derek’s expertise ranges from creative deal structuring, wholesaling, flipping, and land lording, to lending and investing throughout the years. He has been involved in thousands of transactions in his career; and what sets him apart is his love for people and their success. Derek has an uncanny gift for problem-solving and negotiating; and he enjoys using his gifts and knowledge to help people out, sometimes when they have nowhere else to turn. He puts together creative solutions for sellers that few other investors can, and with his team’s support, they always deliver. Derek co-owns a private lending company called Best REI Funding, a real estate acquisition company, and hosts three national mastermind groups called REI Circle of Trust. They also run annual advanced strategies and networking events for real estate investors called Generations of Wealth Voyage (gowvoyage.com). Derek is dedicated to giving back to his community. He founded and ran the Central Wisconsin Real Estate Investors Association and later merged with WiscoREIA, based out of Wausau Wisconsin. There he coaches and teaches other real estate investors his keys to success.
CONNECT WITH DEREK
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Episodes referenced in the introduction: