Mar 23, 2020
Learn how David is using real estate on his continued path to millions!
David Pere joined the Marine Corps in August of 2008. Since that time, he has lived traveled to and lived in many unique places around the world, including a combat tour in Afghanistan.
David got started in real estate investing in 2015. He house-hacked a duplex with the FHA loan and lived in it for a little while until getting married to his beautiful wife, Kimberly, and receiving orders to Hawaii. While stationed in Hawaii, David bought a 10-unit apartment in Missouri and has had continued success with real estate investing!
Through these experiences, From Military to Millionaire was born, with the goal of teaching service members and veterans how to build wealth through real estate investing, entrepreneurship, and personal finance.
Show Key Takeaways:
- How seller finance was an intricate part of building his portfolio
- Active Duty Military using real estate to increase passive income.
- How direct mail leads to a 10 unit deal with seller financing
- How utilizing R.U.B.S to increase cash flow
- Long distant flipping from Hawaii
Show Notes:
02:04 What was your inspiration to get started in real estate and how did you get started?
02:58 Tell us about your first house hack, and how did you find it? 06:04 How did you find your tenant?
07:52 Tell me about the 10 unit and how did this transpire… how did you find the deal?
18:06 How much you pay for the 10 units?
20:10 How did you increase your Equity in the property?
26:38 Why did you incorporate a property manager versus self-managing
28:44 How did you purchase these 10 Units from Hawaii?
30:41 Tell me about your Flip that works.
40:05 Let’s review from the military to a millionaire, what’s the goal?
45:35 How have you invested impacted the community you invest in?
Hot Seat Questions
14:17. Starting over what would you do differently?
47:42 What is your greatest commodity outside of the capital 48:04 What is one thing you could do to be more productive 48:35 What drives your ambition? 49:36. What do you believe is your greatest challenge (internal or external)?
50:26 What is the latest business book you’ve read? 50:59 What is the latest real estate book you’ve read?
Connect with David:
- Facebook Group From Military To Millionaire: https://bit.ly/3aaBLrT
- YouTube Channel: https://bit.ly/3djY2oW
- Instagram: https://bit.ly/2xhZDuU
- Twitter: https://twitter.com/military_to
Links Mentioned in the Show:
- Military Millionaire Podcast: https://www.frommilitarytomillionaire.com
Book Affiliate:
- Hour Work Week: https://amzn.to/36rTYi7
- Invest in debt: https://amzn.to/2YBs1lh
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Linkedin: https://bit.ly/2rKRJre
Website: https://marcusemaloney.com
Also, find the show on Feedspot