Tackling Turnkey Properties with Eric Martel

<p>Business in its infancy is never easy, especially when you don't have a good amount of capital.</p> <p>But you can always overcome those struggles like our guest today who bought his first property with no money, only armed with a financing strategy.</p> <p>Eric Martel is an Entrepreneur, Author, Public Speaker, Real Estate Investor, and Founder of MartelTurnkey.</p> <p>In this episode, Eric shares how he started and got interested in investing in real estate by learning from someone he considers his mentor and by buying his first property without shelling cash. Later, he delves into turnkey rentals turning this business into a family legacy.</p> <p>Checkout: Raising Capital Without Rejection Full-Day Workshop (Online):<a href='https://investorattractionworkshop.com/'> https://investorattractionworkshop.com/</a></p> <p>What you'll learn in just 17 minutes from today's episode: </p> <ul><li>Find out financing strategies for your deals even with no capital funds.</li> <li>Hear about how to create a legacy business for your family.</li> <li>Learn about an investment strategy with reduced risks from the investors' perspective.</li> </ul> <p>Resources/Links: </p> <ul><li>Get Eric Martel's book 'Stop Trading Your Time for Money. Click here: <a href='https://marteleric.com/book/'>https://marteleric.com/book/</a></li> </ul> <p>Topics Covered:</p> <p>00:48 - Eric sharing his real estate journey</p> <p>01:22 - What is Actuarial Mathematics?</p> <p>01:59 - Finding mentors and starting real estate investing from there</p> <p>03:15 - Financing strategies you can do</p> <p>04:17 - The issues surrounding vendor take backs</p> <p>06:08 - Taking control over your own money</p> <p>06:59 - Getting started in out-of-state rentals</p> <p>09:15 - How the Martel Turnkey started</p> <p>11:27 - Markets for his turnkey rentals and the selling price</p> <p>12:28 - Monthly net cash flows for these turnkey rentals</p> <p>13:39 - Why is he focusing on selling turnkey rentals rather than holding them off for the long-term?</p> <p>Key Take