Tim and Lia Francisco are actively involved in the Silver Bow County, MT area real estate investing. Their mission is to provide quality houses for homebuyers at a reasonable price while at the same time providing an above-average return on investment (R.O.I) for their investor partners and themselves which is truly a win-win way of investing. They also offer their investor partners hands-free investment opportunities.
In this episode, Tim and Lia share how they got started by house hacking and never looked back since then and are now into wholesaling and flipping where they get profits faster and invest in markets that give them better opportunities.
What you'll learn in just 17 minutes from today's episode:
01:10 - What got them convinced about real estate investing and how they got started
02:43 - Deals they've done after house hacking the first time
04:20 - The advantage of having a wife for a realtor
05:06 - Main benefits of the fix and flip strategy
09:01 - The market deals with better opportunities
09:49 - Primary benefits of investing in the market they have chosen
11:48 - Their unique skills and talents that are a big help in their real estate business
13:51 - The biggest learnings from real estate investing
15:58 - Can everyone get involved in real estate?
"We actually started by deciding to buy a duplex to live in for a first house. And we lived in one side and rented out the other. And we had a really great experience with it. Eventually, we moved out and rented out both sides and then eventually sold it for a profit." - Lia Francisco
"We really love working with people. And we have a lot of years between us, experience with people. Tim is also a physical therapist, I'm a mental health therapist, and our whole careers have been based on relationships with our clients, and we really seek to build a rapport and build trust and help people, and I think that really helps in this business." - Lia Francisco
"We've had tons of training, Tim has taken so much real estate investment training, and I have had a mentor for real estate, and we've had coaches, and we just seek always to learn and always learn more and give a lot of options to the different people that we're working with." - Lia Francisco
"One of the main reasons is that we can get a quick profit from fix and flip, and you don't have to deal with the management, the hassles of managing the property and landlord issues that go along with it."- Tim Francisco
"As Christians, we really want to demonstrate God's love to these people [motivated sellers], and being able to offer them solutions to their problems is what we want to do for them. And I think that is an unfair advantage for us to help people." -Tim Francisco
"I don't think everyone will do it. But I think that if you have money, you can still invest in real estate and don't have to do the work. You can partner with investors like us that do the work, and you can still invest in real estate." -Tim Francisco
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