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Flipping with Less Risk: Value-Add Deals and Smart Partnerships in Real Estate with Deji Hambolu
Welcome back to the REI Mastermind Network! In this episode, we have an incredible guest joining us, Deji Hambolu. With a background in enterprise and a transition into real estate, Deji has an impressive story to share. Juggling a part-time real estate venture while working at Coca Cola, they were able to educate themselves and search for properties during their "5 to 9." Leveraging their experience as a project manager in the corporate world, Deji excels in communication and team engagement skills.
We dive into their interest in the Atlanta and Texas markets, particularly Dallas and Houston, which share similarities in immigration and limited housing availability. These areas have high production and demand, especially for affordable housing. Deji is on the lookout for value-add deals, specifically "lift fix flips" that don't require extensive renovation. They share their strategies for finding properties and forming partnerships, utilizing social media and word-of-mouth.
But it doesn't stop there. Deji's mission is to help others succeed in real estate investing. They have already helped 57 people this year, assisting them in acquiring their first or next investment property. They focus on educating individuals on setting up LLCs correctly, developing the right business structure, and improving credit scores.
Join us as Deji shares their unconventional journey in real estate and the importance of choosing the right people to work with. We discuss due diligence for property managers and the impact of conflicts of interest. Plus, Deji reveals their unique approach to help anyone overcome credit hurdles and achieve their real estate goals. You won't want to miss this enlightening episode. Let's dive in!
Connect with Deji Hambolu: https://dejihambolu.com/
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