Jan 03 2023 40 mins
You can watch this episode on Youtube.com: https://youtu.be/Jbu7nUh4j3U.
Tyler, Aric, and Jason talk with Hyrum Oaks, CEO of RaceEntry.com, about how he got started in real estate investing.
0:00 - Introduction. Hyrum Oaks is NOT a professional investor, but he's got 31 units! Even though he's from Utah, he chose to invest mostly in Indianapolis, Indiana.
7:22 - Know Your Weaknesses. Don't try to build a strategy on your weakness. Hire where you're weak.
10:39 - Going Out of State. He couldn't nail down wholesale deals, they were gone too fast. Have your HELOC ready, y'all! Did a flip to get some cash.
18:26 - Buying 19 Units at Once. Vet your property manager, and then trust them.
24:45 - Horror Stories.
31:40 - Good advice. Experience protects you from pain.
33:01 - This is How it Really Got Going. Competition.
37:02 - What'd we learn today?
39:39 - Out takes.
* No property managers. harmed in the making of this video.
Please contact us to tell us you love us, you want to hire us! Call or text:
Special Thanks to our guest:
Hyrum Oaks
CEO of Race Entry
Realtors with Hive Collective at Presidio Real Estate:
Tyler Cazier: 801-210-0230
Aric Wiszt: 801-228-7687
Lender with Elite Team at Security Home Mortgage:
NMLS: 178787
Jason Christiansen: 801-669-7271
NMLS: 240472
A Production with Security Home Mortgage's Jason Christiansen, and Hive Collective at Presidio's Tyler Cazier and "Mr. Suit" Aric Wiszt.