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Something I’ve noticed about real estate investors is that most of us have failed in some way. But truly successful investors fail hard and fast, and don’t let their shortcomings stop them from reaching their goals.
Today’s guest, Abhi Golhar experienced tremendous failure early in his real estate career, but has since recovered and found success in the industry. On this episode of Investing in Real Estate, Abhi is sharing his journey into the world of real estate, including how he has reverse engineered his lifestyle. We’ll talk about failing gracefully, purchasing discounted properties, and his personal acquisition strategy!
More About This Show
Abhi Golhar is the host of Real Estate Deal Talk and a Managing Partner at Summit & Crowne, an Atlanta-based private equity real estate firm. Abhi uses a value-added approach in his single-family buy and hold investment strategy.
Although he’s built a successful real estate career, Abhi started investing in 2002 and things haven’t always been so rosy. He began investing in inner city Detroit when he was an engineering student.
Unlike many real estate investors who have a failure story, Abhi’s did not occur during the market crash. Right before then, his investments weren’t working for him. He lost money, sold his properties, and left Michigan.
What is extraordinary about Abhi is that he decided to use his failure as fuel to move forward. He thought of his experience as an investment in his future real estate business. He relocated to Lincoln, Nebraska, teamed up with a mentor, and learned how to knock on doors and face his fears.
Now, Abhi is a successful real estate investor in Atlanta. On today’s show, he’s sharing all the details of his personal strategy, including the 40/40/20 Rule We’ll talk about the merits of single-family homes, and the importance of determining which real estate niche is right for you. Abhi’s story is so inspiring; you won’t want to miss episode 227 of Investing in Real Estate!
If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.
On this episode you’ll learn:
- What are the three businesses Abhi started in college?
- How can you reframe failure in real estate investing?
- What is the 40/40/20 Rule?
- What is an institutional buyer?
- And much more!
Real Estate Deal Talk
Summit & Crowne
Rich Dad Poor Dad by Robert Kiyosaki
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