Real estate is sexy… most of the time. But is that really what makes it profitable? On today’s show, we sit down with Charles Roberts, an investor and agent from the Denver market. He explains that the secret to success is far more boring than we like to admit. In this episode, we explore Charles’s story and the lessons he’s learned over his 20+ year career, including how his first deal failed miserably, how he helped another investor retire through rentals in just five years, and his strong belief that the deal isn’t as important as most investors think — plus so much more! Charles is incredibly wise, and he has years of experience — so this is one episode that you’ll come back to time and time again.

In This Episode We Cover:

How Charles got started by buying his first duplex
A 15-year loan vs. a 30-year loan
How he managed to go full time as a fix-and-flipper
What went wrong — despite having 29 properties
Should newbies get into flipping?
Figuring out what works and what doesn’t
What Charles looks for in a partner
The benefits of helping someone else achieve success in real estate
Scaling, and what he thinks about it
Why lending is important in real estate
Work harder not smarter
Where is he finding deals
And SO much more!

Links from the Show

Books Mentioned in this Show

Rich Dad Poor Dad by Robert Kiyosaki
The Book on Investing with Low or No Money Down by Brandon Turner
The Book on Flipping Houses by J. Scott
Lifeonaire by Steve Cook & Shaun McCloskey
Set for Life by Scott Trench
The Millionaire Next Door by Thomas Stanley & William Danko
Born to Run by Christopher McDougall

Tweetable Topics:

“We think that everybody else is stupid but it turns out we’re the ones stupid.” (Tweet This!)
“You don’t know anything until you do it.” (Tweet This!)
“You want to work with people you like.” (Tweet This!)
“The harder you work the smarter you end up.” (Tweet This!)

Connect with Charles

Learn more about your ad choices. Visit megaphone.fm/adchoices

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278: The “Boring” Path to Massive Real Estate Success with Charles Roberts