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KC Realtor Finds Niche Renting To Collegiate Athletes - Joe Balestrieri
Description
In this episode, Emeka Gobonna interviews Joe Balestieri, a real estate agent and investor. Joe shares his journey from being a college basketball coach to entering the real estate industry. He explains why he chose to invest in single-family homes and offers advice for new investors. Joe emphasizes the importance of analyzing deals and sticking to a strategy. He also discusses the benefits of renting to student athletes and shares his favorite books and lessons that have impacted his real estate career.
Takeaways
Take the time to educate yourself about real estate investing before getting started.
Develop a strategy and stick to it when analyzing deals.
Consider the benefits of renting to student athletes, as they often have stable income.
Discipline is key to success in real estate investing.
Chapters
00:00 Introduction
01:26 Getting into Real Estate
03:15 Interest in Real Estate
05:32 Transition from Coaching to Real Estate
06:30 Choosing Single Family Homes
09:23 Importance of Cash Flow and Appreciation
13:41 Taking the Plunge and Buying Property
19:23 Analyzing Deals and Sticking to Strategy
23:14 Building a Rental Property Portfolio
24:42 Renting to Student Athletes
29:57 Last 3 questions
31:21 Recommended Books: Rich Dad, Poor Dad and Don't Split the Difference
32:16 Dream Dinner Guest: Shaquille O'Neal
33:39 Contact Information
34:09 Actionable Steps
Joe Balestrieri:
https://www.instagram.com/josephedwardb/
https://linktr.ee/josephedwardb
Music:
https://www.instagram.com/_bytyas/
Host: