Episode 4: Exit Strategies, with Gary Wilson - podcast episode cover

Episode 4: Exit Strategies, with Gary Wilson

Mar 06, 201925 minEp. 4
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Episode description

At age 40, retired as Corporate Vice-President, Mergers & Acquisitions in National Banking;

In first 6 months after earning real estate license, created 6 figure income working with Investors;

Completed over 100 transactions per year consistently every year without a sales team or assistant, with virtually no marketing costs;

Traded over 3,000 Investment properties in less than 5 years;

Developed five real estate holding companies, owning more than 250 Rental Units;

Self-made multi-millionaire by building a real estate enterprise including: brokerage, rental management, investment services, settlement services, and appraisal services;

Award winner and accepted into Andron Apiphenon Order of Excellence for Real Estate;

Author of FIVE Real Estate Investment books:

  • Rental Profits Without The Pain
  • Flipping For Profits Without The Risk
  • Turning Rental Problems into Real Estate Profits
  • Wholesaling For Profits so Everybody Wins
  • Investor Agent, Make More Money Not More Work

Founder, Trainer and Coach of Path to Profit System, teaching more than 8,000 Agents and Investors;

Students of the Path to Profit Systems have gone on to create fortunes in brokerage, property management, and by applying multiple investment strategies including flipping, wholesaling, and acquiring rentals;

Appeared on OVER 100 national and local media outlets including: CBS, FOX News, NBC, ABC, Business Week, iTunes

What you’ll learn about in this episode:

  • Why it is important to have a plan in mind and an exit strategy prepared before you buy a property
  • What kinds of exit strategies are available for various types of real estate deals, including hybrid approaches
  • Why it is sometimes necessary to change strategies in the middle of a deal, and why you should try to avoid that when possible
  • Why flipping homes can be a time-consuming, months-long process that isn’t shown on the house flipping TV shows
  • How Gary can help determine what resources you have available, including financial, time and energy, skills and talents, etc.
  • Why it is important to run the numbers first, THEN look at properties to determine what is a viable deal
  • Why a turnkey property is a great rental option for day-one cashflow, and why a deferred maintenance rental property has higher returns
  • How a hybrid approach combines a flipping strategy with a rental strategy for higher profits
  • Gary shares an example of how a hybrid strategy works and can benefit both your cash flow and your overall profit

How to connect with Gary Wilson:

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