The Types of Deals Real Estate Investors Should Be Focused on in 2024 with Michael Carrozzella
Michael Carrozzella is a loan officer at RCN Capital, but he has an extensive background in real estate investing, dating all the way back to his childhood. He grew up in a family of real estate professionals and that led him to venture into the same space, where he found success in building his portfolio and helping investors grow theirs through RCN Capital.
Listen now to learn the best way for new investors to learn about the industry and some nuggets from Michael that could help you if you’re just starting out!
Key Talking Points of the Episode
00:00 Introduction
00:51 What is Michael’s background?
01:44 When did Michael realize that real estate was a profitable business?
02:41 Who were Michael’s mentors when he started out in real estate?
04:35 Why did Michael decide to join RCN Capital as a loan officer?
10:20 What is the best way to learn about real estate investing?
13:33 How can investors today achieve success in real estate?
15:29 How can new investors take advantage of online resources to find deals?
17:00 What types of deals should new investors be focused on?
18:42 How can investors today profit from flipping properties?
20:11 What is the importance of building relationships with general contractors?
22:37 What is the one thing that can make or break your deals?
24:41 What networking opportunities should investors go after?
26:00 How does Michael overcome doubts about being in real estate?
28:13 What is Michael passionate about outside of real estate?
30:02 What is the best piece of advice Michael has received?
31:31 How can you connect with Michael?
Quotables
“Finance is really something that does drive the industry because you’re able to leverage money, you’re able to leverage other people’s money, and that’s just something that can really help your business grow.”
“There is something very valuable about being able to drive to a property, go walk it, bring people that are on your team whether it’s contractors, property managers, anyone in between, where you can get a full idea of what that property is.”
“It all comes down to where you feel comfortable and where you can find value up front, and then go from there.”
Links
LinkedIn: Michael Carrozzella
https://www.linkedin.com/in/michael-carrozzella-845b26126/
Email: Michael Carrozzella
Website: RCN Capital
https://www.rcncapital.com/podcast
Instagram: RCN Capital
https://www.instagram.com/rcn_capital/
Website: REI INK