Oct 31, 2022
From MD to Entrepreneur. on the show, we have our special guest, Pranay Parikh, a medical doctor, serial entrepreneur, and podcast host. His unconventional journey to medicine helped him learn the skills to excel in entrepreneurship and real estate.
Over the past 16 months, he bought over $200 million in real estate and helped 100s of others invest in real estate without being a landlord. Let’s reveal his strategies and listen to the full episode on how he made everything possible to raise capital from networking and with just a simple conversation. Pick up his brain, tune in and enjoy!
3:58 Pranay's first foray into real estate.
5:36 How Pranay get started in real estate and the details of his first four units.
8:33 Key things you must be considered when getting your first real estate deal/property.
6:52 Importance of having someone with experience when getting your first property.
11:06 Advantage of having a Property manager.
12:10 Leverage your network.
13:43 Best time to close your deal.
15:19 Prepare now for the scale later.
16:54 Strategy on getting rents up to market standards.
21:13 How to gain more passive income.
22:00 Details on Ascent Equity Group
23:37 Raising capital— a simple scenario & key things you need to consider.
28:27 What is the holding period of the property?
29:20 🔥🔥🔥THE HOT SEAT ROUND
Connect with Pranay at: https://www.linkedin.com/in/pranay-parikh
Thanks for listening to this episode! And, if you enjoyed this episode, please share it on social media using the social share buttons below, and don't forget to leave a short review on iTunes.
Schedule Your 15 Minutes Free Consultation with Marcus here:
𝐆𝐫𝐚𝐛 𝐦𝐲 𝐅𝐑𝐄𝐄𝐁𝐈𝐄𝐒 𝐑𝐞𝐬𝐨𝐮𝐫𝐜𝐞𝐬 𝐟𝐨𝐫:
Are You Ready To Accelerate Your Learning With over a decade of experience, I've learned how to navigate most wholesale transactions, sellers, buyers, and hairy situations. Get access to all this experience and more on speed dial.
JOIN DEAL FINDERS CLUB here:
Also, find the show on Feedspot: https://blog.feedspot.com/real_estate_podcasts
Enjoy Your Real Estate Journey!