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In today’s episode of Real Estate Investing with Jay Conner, Raul Bolufe joins Jay to teach everyone how to expand your real estate market through virtual wholesaling. Only 7 years ago, in 2012, Raul Bolufe quit his job in a thriving family business and moved back in with his mom to chase a goal. He started real estate without prior knowledge, he had no established network and no real support. He backed himself and took a leap of faith. With limited funds, Raul purchased his first property all cash for $61,000 in late 2012. Since then Raul has co-founded Capital Rise Investments and now wholesales over $12 Million worth of real estate every year. He has a team that flips and buy-holds properties and achieves financial freedom in the process! Raul has also been hosted on other popular podcasts such as Flip2Freedom by Sean Terry, Best Real Estate Investing Advice Ever by Joe Fairless, Flip Empire by Alex Pardo, and CarrotCast By Trevor Mauch. Raul is also the host of the successful podcast called Flipping Miami wherein he interviews real estate investors, business owners, CEOs, entrepreneurs, and go-getters who have successfully achieved financial freedom through investing here in Miami and the US If Raul can start in Real estate at 21 years old from his mother's home and achieve success, so can anyone. Timestamps: 0:01 - Get Ready To Be Plugged Into The Money 0:34 - Today’s guest: Raul Bolufe 3:19 - Why Raul started his journey in real estate investing. 5:09 - Raul’s first real estate deal. 7:20 - Raul’s wholesaling business. 11:24 - What is a Wholesale Deal? 14:05 - Top 3 ways to find motivated sellers 17:16 - How to wholesale virtually. 21:48 - Best strategy to determine the value of the property. 24:00 - Raul’s real estate business team 24:53 - Average assignment fee per deal. 26:27 - How do you fund your deals? 28:43 - Jay’s Free Private Money Guide: https://www.JayConner.com/MoneyGuide 30:00 - Connect with Raul Bolufe: https://www.RaulBolufe.com 31:13 - Raul’s advice to new real estate investors: Commit to what you want to do and ask for help.
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What is Private Money? Real Estate Investing with Jay Conner
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Jay Conner is a proven real estate investment leader. He maximizes creative methods to buy and sell properties with profits averaging $67,000 per deal without using his own money or credit.
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