Join an active community of RE investors here: https://linktr.ee/gabepetersen
🚩 What if the biggest threat to your real estate portfolio isn't the market, it's a deal you never should have signed? This week on The Real Estate Investing Club, Gabe Petersen sits down with Jeff Emalaba, a 25-year risk mitigation expert turned multifamily and commercial retail investor, and founder of the AI platform Invest Fusion. Jeff exposes the due diligence mistakes that quietly drain buyers of thousands, and the red flags most investors never learn to spot until it's too late. If you care about real estate investing, financial freedom, or building wealth the smart way, this episode is required listening. 🏠💰
WHO IS JEFF EMALABA
Jeff spent years analyzing financial markets on CNBC Africa before discovering real estate. With a background in risk mitigation, he brought a numbers-first mindset into multifamily and commercial retail investing, and that edge eventually led him to build Invest Fusion, an AI-powered platform designed to uncover hidden risk before buyers ever sign a purchase agreement. 📊
THE $11,175 DUE DILIGENCE DISASTER
Jeff walks through the North Carolina duplex deal that changed everything. After paying a non-refundable due diligence fee, earnest money, inspection, and appraisal, he lost over eleven thousand dollars when an inspector uncovered foundation issues, structural damage, and undisclosed electrical problems. The seller refused a refund, and the property quietly reappeared on Zillow weeks later. It's a cautionary tale every real estate investor needs before their next walkthrough. ⚠️
WHY 40,000 REAL ESTATE DEALS COLLAPSE EVERY MONTH
Jeff cites data showing tens of thousands of deals fall apart nationwide each month, often because buyers lack the tools to spot red flags before going under contract. Gabe and Jeff debate whether the real problem is bad deals or bad due diligence, and unpack how investors can protect their capital. 📉
EARNEST MONEY VS NON-REFUNDABLE FEES
One of the most valuable lessons in the episode. Gabe breaks down why earnest money should remain one hundred percent refundable during your due diligence period, how to structure a contract that protects your funds, and why non-refundable fees can be a warning sign in real estate negotiations. 🔑
#RealEstateInvesting #DueDiligence #CommercialRealEstate #FinancialFreedom #MultifamilyInvesting
Want to learn more about our guest? Connect here: https://www.canva.com/design/DAGwoS81OZ8/DvFvFPg0Ceg7Q5Yf6rLTrA/edit?utm_content=DAGwoS81OZ8&utm_campaign=designshare&utm_medium=link2&utm_source=sharebutton
Want to learn more about the REI Club Podcast, how to invest with Gabe at Kaizen, or join our community of active real estate investors on Skool? Visit the podcast website at https://www.therealestateinvestingclub.com or click here: https://linktr.ee/gabepetersen
🚩 What if the biggest threat to your real estate portfolio isn't the market, it's a deal you never should have signed? This week on The Real Estate Investing Club, Gabe Petersen sits down with Jeff Emalaba, a 25-year risk mitigation expert turned multifamily and commercial retail investor, and founder of the AI platform Invest Fusion. Jeff exposes the due diligence mistakes that quietly drain buyers of thousands, and the red flags most investors never learn to spot until it's too late. If you care about real estate investing, financial freedom, or building wealth the smart way, this episode is required listening. 🏠💰
WHO IS JEFF EMALABA
Jeff spent years analyzing financial markets on CNBC Africa before discovering real estate. With a background in risk mitigation, he brought a numbers-first mindset into multifamily and commercial retail investing, and that edge eventually led him to build Invest Fusion, an AI-powered platform designed to uncover hidden risk before buyers ever sign a purchase agreement. 📊
THE $11,175 DUE DILIGENCE DISASTER
Jeff walks through the North Carolina duplex deal that changed everything. After paying a non-refundable due diligence fee, earnest money, inspection, and appraisal, he lost over eleven thousand dollars when an inspector uncovered foundation issues, structural damage, and undisclosed electrical problems. The seller refused a refund, and the property quietly reappeared on Zillow weeks later. It's a cautionary tale every real estate investor needs before their next walkthrough. ⚠️
WHY 40,000 REAL ESTATE DEALS COLLAPSE EVERY MONTH
Jeff cites data showing tens of thousands of deals fall apart nationwide each month, often because buyers lack the tools to spot red flags before going under contract. Gabe and Jeff debate whether the real problem is bad deals or bad due diligence, and unpack how investors can protect their capital. 📉
EARNEST MONEY VS NON-REFUNDABLE FEES
One of the most valuable lessons in the episode. Gabe breaks down why earnest money should remain one hundred percent refundable during your due diligence period, how to structure a contract that protects your funds, and why non-refundable fees can be a warning sign in real estate negotiations. 🔑
#RealEstateInvesting #DueDiligence #CommercialRealEstate #FinancialFreedom #MultifamilyInvesting
Want to learn more about our guest? Connect here: https://www.canva.com/design/DAGwoS81OZ8/DvFvFPg0Ceg7Q5Yf6rLTrA/edit?utm_content=DAGwoS81OZ8&utm_campaign=designshare&utm_medium=link2&utm_source=sharebutton
Want to learn more about the REI Club Podcast, how to invest with Gabe at Kaizen, or join our community of active real estate investors on Skool? Visit the podcast website at https://www.therealestateinvestingclub.com or click here: https://linktr.ee/gabepetersen
Category
📚
LearningTranscript
00:04all right welcome back to another episode of the real estate investing club i hope you guys are
00:11having a great day great week wherever you are and whatever day it is for you as always it is
00:17friday on the podcast so we're bringing that good friday energy to you and today is going to be a
00:22good day we have jeff emalaba on the show i totally nailed that last name i always just
00:27butchered yes you did i think i got this one we got jeff with us on the show he does
00:32multi-family
00:33commercial retail he also has created an ai called invest fusion we can go into that later but
00:38a lot to go into here jeff i'm excited to jump into this thanks for hopping on absolutely i'm
00:44excited to be here and for our viewers who's listening in or you're watching wherever you're
00:48tuning in from please go leave gabe here a five-star review on any platform you're watching
00:53this man i've done mine and i want you guys to do this man let me say this game uh
00:57a lot of work
00:58goes behind the scene i really appreciate what you do i've acknowledged that you know a lot of
01:01people don't really understand what goes behind the scene in putting things like this together
01:04please guys if you get anything of value please go show some love to my friend gabe here and let's
01:09get this party going awesome man well i appreciate that um jeff i told you before we got on the
01:14show
01:15we always like to start with stories we like to hear how people got to where they are i'm sure
01:19you
01:19got a good story so why don't you take us to the beginning of your journey in real estate and
01:23just
01:23tell us how you got here yeah that's a very very good question thanks for thanks for having me once
01:28again so my journey in real estate started years ago over 25 plus years ago i was just living i
01:34used
01:34to be the guy who analyzes financial markets on tv cnbc africa to be precise um and i have a
01:40background
01:40in risk risk mitigation risk transference so i understand risk in terms of economic economic numbers
01:45i was leaving the studio and then on traffic i saw this book on real estate i was curious you
01:49know
01:50so i bought the book a young kid who's just under 20s or in his teens bought the book started
01:54reading
01:55i've been an entrepreneur all my life so having a business and understanding how things work so
02:00i wanted to grow wealth i wanted to show part of wealth and i said okay let me buy this
02:05book let's
02:05start reading and see what happens so i began to read and consume and then i understood it made sense
02:10real estate is one of the top human needs the top three human needs and requirements so i went in
02:17took a deep dive i said okay how do i get what's the right part i need a mentor so
02:21i found me a mentor
02:22who's been doing real estate for years and his struggles resonated with me and said i said i said i
02:28said to
02:29myself jeff this is the part you need to go through however you know it wasn't a smooth journey people
02:35think it's going to be a smooth journey and so after learning from my mentor he told me jeff go
02:41get your license as as an agent so i went ahead i got my license here in north carolina and
02:46then i said
02:47okay let me start my investment so some years ago this is what i did i'm focused more like you
02:52said
02:52in multifamily so i saw this duplex in valdez north carolina to be precise and myself my friend and
02:59agents we went into the property we did our walkthrough you know we did our walkthrough everything
03:04checked out on paper they do look solid you know everything was okay but when i you know when we
03:10went ahead we said i asked questions and the seller said everything is okay there's no problem everything
03:16was good so we went on that contract i paid my non-refundable due diligence fee i paid five thousand
03:21dollars for my ddf i paid five thousand dollars for my ns money deposit i paid for inspection six
03:26hundred and twenty five dollars and then i paid for appraisal over seven hundred dollars in total
03:31over eleven thousand one hundred and seventy five dollars was already at play at the d level now
03:37during the inspection period the inspector came back to me and told me jeff one word he said run so
03:43if
03:43you're listening to this right now pay very close attention he said jeff run i said what do you mean
03:47run he said everything is wrong with this property from foundation issues say it has structural damage
03:56he said there's more than new do under the crawl space and there's roofing issues plus they had
04:01electrical wirings that the seller fails to disclose i said to myself so what do i do he said jeff
04:06that's
04:07the only alternative so i went behind him because i didn't believe what he said i went behind him i
04:12called him a general contractor i said okay come in look at this deal look at this property tell me
04:15what you think i can do to turn this around the general contractor went in looked at the property did
04:21his own this don't find this and came back the same thing jeff run he said unless you have over
04:26eighty five thousand dollars to spend on this there was no point moving forward and then back and forth
04:32with the seller they refused to refund i call in the lawyers three hundred and twenty five dollars an hour
04:36just to get things going the reality on the ground then was at the end of the day the seller
04:41refused to
04:42refund my funds when i reported them to the north carolina realtor association they took down that property
04:48three weeks later they released it on zillow without disclosing material fact and then it
04:53hits me the problem wasn't me the problem was the tools that real estate investors are using
04:59and that's why i can say with all confidence and certainty every real estate investor in this
05:05country is blind blind because the tools they use at a disposal never reveal undercurrents at the deal
05:12level undercurrents or what i mean by red flags at the deal level and that is where we are today
05:17and that's why i said to myself if there is a problem in real estate if there is a loophole
05:21that
05:21buyers are not are not having access to if it's happening to buyers if it's happening to me with
05:27all my years of experience in this market how do i turn that around and that's how we came to
05:32where we
05:32are to build a platform that can go into any deal in the u.s and uncover hidden risk uncover
05:37foundation issues uncover structural damage before you go into contract before you go on before you sign
05:43that dotted lines so because buyers sign dotted lines money is already at risk at the deal level
05:49like i told you my background i'm i'm into risk mitigation and risk transfer so i understand how
05:54risk can be managed because the easy way to lose money in real estate is to lose all the funds
06:00you are
06:00thinking if you imagine making a an 11,175 mistake and repeating it three or four times in a year
06:07and that's the issue we've seen the data never lies and gabe i'm going to be very blunt with you
06:14the data we've seen showed that over 40 000 deals collapse every single month in the u.s every single
06:22month so you see buyers going to deals they back out of deals when they discover major red flags like
06:28the foundation issues we mentioned structural damage more than you doing under the crawl space and so
06:33my story began from that environment so i understood the pain points i understood the risk it refined me
06:40so what happened eventually may 25 i'm gonna jump in real quick there because um i feel like i hear
06:46what
06:46you're saying and and there's definitely risk involved it does um the picture you're painting
06:51though it's it i feel like uh the message people will receive is that every time you go into a
06:57deal
06:57you're going to be losing money in the dd um in your contract everybody you guys should have a
07:02100 refundable earnest money clause your earnest money should be refundable during your due diligence
07:08period there is not that you don't necessarily need to be losing money in the inspection um unless
07:14you're hiring you will if if you walk the property yourself and you have maybe your contractor go with
07:20you you guys will be able to catch 90 of the issues um once you start paying for professionals to
07:26come out there that's when you start to have hard costs that can't be recouped but your earnest money
07:31is not one of those hard costs um that is you know the due diligence period is a period through
07:36which you should be uncovering these issues and um it's it is a hundred percent refundable it's not
07:42it you know you mentioned that you lost eleven thousand dollars on this on this deal because they
07:47didn't it sounds like they didn't give you earnest money back but um if it's just hold earnest money
07:52in escrow with the title and escrow company they and your contract clearly states that you have
07:57100 your earnest money is 100 refundable during the due diligence period then they really have no
08:02legal recourse to that money until you sign off on you know you sign off that the property is
08:08acceptable to you if you haven't signed off then you do have access to that earnest money and is not
08:13lost until the duty period period expires again i'm not a lawyer and i and you guys don't i i
08:19need to
08:20make sure that you understand i'm not giving legal advice but this is my experience and it's what i
08:25know to be true in real estate when you're doing dd um your earnest money is not at it's not
08:31at risk
08:31until you've you've gone through the period or you've written off that you you waive all um dd dd uh
08:38due diligence um inspections so yeah so so true so let me let me clarify that point now by the
08:47time
08:48you're putting your ns money deposit down you've also paid your non-refundable due diligence fee there's
08:52there's a reason why it's cold i never pay and people say non-refundable due diligence fee that is
08:58not that is not standard um if somebody requires that i do something non-refundable that's that's a
09:03red flag for me immediately um and i will most likely not be getting into contract with them
09:09and so if you guys are also negotiating out there in commercial deals and somebody says i want ten
09:14thousand dollars whatever it is non-refundable um that is a good indication that you should not be
09:20moving forward with that deal unless it is a very unless it is a value-add deal and the mistakes
09:29are obvious like there's just you know it's a value-add deal there's a lot that needs to be
09:33improved and it's very obvious from from the outset that there are huge mistakes with this deal that
09:39you're you know you're going into it eyes wide open and they want non-refundable because they want
09:43to make sure that you actually are aware of these issues and you you know you're going to close um
09:49that's understandable but don't put non-refundable down non-refundable is not something that you guys
09:54should be doing yeah incidentally in in north carolina for example is is required and just to
10:01get just to get this point also clear required in north carolina yeah it's required a non-refundable
10:05deposit down yes and just to get this point clear the ns money deposit i i have a hard time
10:14believing
10:14that because i get into contract in states across the united states and i've never i've never gone
10:21into contract in a state where it required a non-refundable deposit so at what period do you
10:27at what period you go into investment because we have to understand the cycles in the markets
10:30so now we're entering the buyers markets and in the buyers market buyers have the they have the
10:35options to make you know to actually say hey you know what i don't want to do this but in
10:40a seller's
10:40market there are so many contracts they they sit on contract on deals that people are putting in
10:46funds they're actually going above asking price so at that level the seller has all the wherewithal
10:51within them to make decisions at this you know at that level now let's so let's i know it's possible
10:56for people to avoid the non-refundable due diligence fee but the ns money deposit has a period and so
11:03in
11:03my case in my case let's be very clear in my case the this inspector had some family issues that
11:10went into the 45 days period and so when that period elapsed the date elapsed was what triggered
11:17that issue with getting the funds back so there are life happens we know that life happens the point is
11:22at what level do you protect yourself at the deal level so the answer there is um if something is
11:29happening that requires an extension of the due diligence period you sign a i'm going to an
11:34addendum to the contract that extends the due diligence exactly all of that actions for it um but
11:39all of that came into play but because of the negligence of the agent so the several things that's why
11:44i
11:44say life happens yeah the negligence of the agent i told them i said listen if we're going to
11:49go beyond the the if we're going to go beyond the ns money uh the ns period i need something
11:55signed
11:55that protects my funds so negligence can this that's why we said life happens the bottom line is at this
12:01at this point in time buyers don't get protection at the deal level and that's why i said how do
12:06i
12:06protect myself before leaving my home before even going to drive around save me time save me money
12:11going to see these deals and then look okay going like you said you say you go with a contractor
12:16you go
12:16with someone who's an expert to do your walkthrough now not everyone will have that you know have that
12:21kind of individual at their disposal which is a good thing to do but however calling an inspector you
12:27have to go into contracts to go and get those done and that's why we run into those issues and
12:31i'm not
12:31the only one like i said before the data is there if redfin says 40 000 deals collapse based on
12:38structure and foundation issues is the data is there so buyers are bleeding you know however let's go
12:44pushing back on your premise that um people are losing money just because of inspections um if
12:52you're if you are if you understand how to do due diligence and you understand how to um how to
13:00get into contract how to write your contracts you there is very very very little risk of losing money
13:08in the due diligence period unless there is something that is i mean obviously you can lose
13:15money but if you get it under contract at the right price and you're and you're generally aware of the
13:20condition of the property you should be able to stand by that price um and i'm maybe i'm
13:28misunderstanding but i feel like that the the perspective that you're um that you're putting
13:32forth is that you know most people are getting in contract and losing money on deals because of
13:37um because of all these undisclosed issues but as an investor you're generally entering properties
13:44that have issues and so you should be aware i mean most most most money is made on deals that
13:50are
13:50repositions they're made on deals that are that are you know fix and flips that that need to be
13:55that have work that need to be done um and so as an investor you should be expecting issues and
14:01that
14:01is um i i guess i'm pushing back on the on the idea that that ever people are walking into
14:09deals
14:10without being aware and and you know without without knowledge of issues being present and that is
14:17that is your job as an investor is that that is correct and that's why in the in the seller's
14:23disclosure document the document that is signed by the seller that's what they call nro no
14:27representation what does that mean it means if the seller is aware that there's something
14:31wrong with that property they don't have to disclose that to you it's you the buyer that has to go
14:36and
14:36find out like you said you have to go and find out those those information yourself now is every
14:41buyer in the market right now are they are they savvy enough to know what those issues are the answer
14:47is no and so will every buyer lose money on any deal no i've bought properties right now
14:53that i was i'll explain to you i bought properties that not only did you find a deal score we
15:00also
15:00could know what the previous appraisal on that property was so you want to look at the appraise
15:06reports so the the platform is able to do all of that well appraise reports aren't so appraise
15:12an appraisal is just an opinion of value it's not exactly exactly it's just like the seller's asking
15:18price is an opinion of value your offer price is an opinion of value there is no definitive
15:23value for anything any real estate there's nothing that is definitive it's all negotiable
15:29um and so i i okay um so i i do i understand you do want to talk a little
15:34bit about the platform i do
15:36want to go into more of your story um and the deals that you've gone into so let's uh you
15:42mentioned you
15:42do small multi-family um and you do commercial retail let's talk about commercial retail that's uh this
15:48is something that i is new experience to me i um you know people who listen to the podcast know
15:53that i recently bought a strip club of all things and i'm turning it into another um you know a
16:00retail
16:00center so we shut the strip club down we bought it shut it down now we're turning it into something
16:05else it is my first experience with retail i've never done this before generally we buy mobile home
16:10parks rv parks self-storage facilities um and it's been a lot of fun it's been kind of eye-opening
16:15to go
16:15through the process the leasing process with brokers um which is something new in my experience and uh
16:21and i've i like the asset class so far um so tell me about your experience why did you choose
16:27to jump
16:27into commercial retail so commercial retail is where the big box is um if you want to really grow wealth
16:34in real estate um like i said i now now i understand your own asset class so that makes sense
16:40to me
16:40so if you're looking at if before now your asset class is into uh like you said you know mobile
16:45homes and all of that yeah that's a different level what i do like i said i'm more in the
16:49multifamily space and in commercial so the game is different now for commercial my play is looking at
16:55what is this small local mom and pop shop that's not going to go away tomorrow um in several instances
17:01we've had losses there's a deal we bought in dallas texas and it was a single tenant which is the
17:09the first red flag was a single tenant it was a government tenant second red flag and then
17:14the lease that is signed by government tenants allow them they can get up and move away from
17:19the property and so during you know during the entire phase um what what was it well you said it
17:25was a commercial retail and it was a government tenant who is the agency was running it so they i
17:32mean
17:32for the for benefit i will not disclose that that agency um that was renting the property but was a
17:38government tenant now what happened was when they had issues with their contract they were forced
17:43to leave that property so we had a single tenant who had left the property now we bought something
17:48at over 25 million dollars and we are forced not to we could not re-tenant it we could not
17:53put it up
17:53i mean to put it up for sale took a while and so we took a haircut of over five
17:57million dollars
17:57just to go and sell that property and that flagged it for me that flagged a major issue single tenant
18:05properties and government tenants and that became an eye-opener for me that's interesting we've had
18:10a number of um commercial retail investors on the show and they um i mean single tenant is something
18:16that a lot of people you know don't enjoy because if you lose somebody if you lose one tenant that's
18:21a hundred percent i mean you go from a hundred percent occupancy to zero however um government
18:26tenancies government tenants generally are viewed favorably um because it is you know it's a stable
18:32tenant it obviously there's trillions of dollars backing them and so they're they're not going to
18:37go bankrupt um why why is it that you don't uh you don't view government tenants favorably
18:45so there is a blueprint we follow right now and that blueprint is what has given us success over
18:50the years number one is this you don't want to have so if irrespective of my tenants i don't care
18:55right now if they're government tenants or wherever whoever they are my focus right now would be
19:00what is the percentage of square footage do they occupy in my space take for example i have you
19:06know let's say for example i have over in a property i'm looking at right now to close a deal
19:09i have one tenant that occupies more than 25 of the square footage or more than 25 of that of
19:14that
19:14space that's a red flag for me why because that tenant occupies a huge chunk of my profit potential
19:21in the long term and so i have to understand what that's you know that tenants you know paying
19:27history looks like so for me i want something within 20 or less across the board that gives me
19:33some some buffer room in case something happens with that tenant and they get up and leave and so
19:39that's very important uh when we look at that again you're looking at multi-tenant retail so a multi-tenant
19:45yes a multi-tenant property is the ideal scenario plus no single tenant occupying more than 20 that's
19:52number two number three you're looking at what is the location of that property compare that to the
19:57house to the average household income so you want to understand where that property is located
20:01so i'm sorry i so i was asking why why not government um so yeah it doesn't matter if it's
20:08government not governments national tenants regional tenants it doesn't really matter
20:12what matters right now is what is what do they occupy how much of space do they occupy because if
20:19you
20:19say if you tell me this if you say for example i have a starbucks starbucks you know is a
20:22single
20:22tenant now starbucks has already have their layer and then so if they decide to leave
20:27generally even if they are the only tenant they're going to be exactly the single tenant i'm coming to
20:32your property so exactly so and in in most scenarios i want a multi-tenant property i you know irrespective
20:39of who that tenant is it's about the numbers it's about what does the numbers show to me is are
20:44they
20:45profitable you know compared to that for their five-year financial history do i see a growth
20:50trajectory you see what i'm saying so that's what i'm looking for once i have all of that in play
20:55then i can go ahead and say okay this deal is what me pursuing and there's a lot of other
21:00points to
21:00look at when you're looking at deals again you're looking at the income in that area you're looking
21:04like within within a one mile five three mile five mile radius what is that's you know what what
21:09does the number tell me as an investor so once i look at all of that it gives me that
21:14you know
21:14that confidence to go ahead and pursue that deal most importantly like you mentioned the flip you know
21:19the people buy the fix the flip you have to understand that for us with our focus is purely
21:25vanilla my goal when i go into a deal i'm not going to spend a huge amount of funds just
21:32trying to
21:32replace things that i should not be dealing with like roofing issues major issues my goal is where
21:39big issues are big opportunities and so if you do have a big issue that is an opportunity to make
21:45a sizable return because you are taking on that risk and so that's why properties are discounted
21:51that have issues is because they have you know they have issues so let me shock you let me shock
21:56you right now big issues are big risk yes that's what that's the simple palace people think big
22:00issues are not big uh are not big risk there's a reason why they call them big ticket items and
22:06there's a reason why investors go into those deals they go in and they spend a lot of money try
22:10to fix
22:10it you're dealing with a lot of things you're dealing with contractors you're dealing with
22:13headaches you're dealing with a lot of issues the point is they are distressed sellers your goal
22:19in the market is to find it's like trying to buy a rose royce i want to find the an
22:24ideal rose
22:25royce where the seller is under pressure to sell then i can negotiate then i can get in the car
22:30works
22:31the car functions very well but instead of me paying 350 000 for the same rose royce i can get
22:36it
22:36at 40 below replacement cost or below asking price that's my goal my goal is to find buyers i mean
22:42sellers who are distressed who are who have mismanaged their property not going to find
22:47something broken down because i mean my goal is to go and fix it i'm not in the business to
22:51fix
22:51to fix it my that's why i have to do the plan we are in the business of fixing that's
22:55what we do
22:56well so yes but to fix vanilla issues but vanilla is where the money is those vanilla issues painting
23:04flooring our landscape that's my that's my goal that's what i said to myself so when i talk about
23:09the platform it's not just a platform that is designed to go and help you find um because
23:14i find foundation issues are structural damage for commercial property is a it puts rocket fuel
23:19in your investing it tracks like you said the valuation so your loan officer wants to give you
23:24a loan they will ask you to go and do the appraisal reports understood as you know the appraisal report
23:29i'm sorry we we have run the clock down i just took a peek we're past 20 minutes um so
23:33i do need to push
23:34us on to the quick question round um it'll be a quick one so uh we start with education it
23:40um it
23:41could be any form could be a book you've read movie you've seen um conference you've been to anything
23:45like that i just need two recommendations one for general life wisdom and then one for real estate
23:51general wisdom i'll go with brian tracy goals excellent book for real estate i'll go there for
23:56real estate i'll go with the contrarian playbook okay yeah brian tracy he uh i think he was one of
24:01the
24:01first guys zig ziglar and brian tracy were the guys back in college or something and i just i
24:07would listen to their audience um they're pretty good all right next question goes back to your
24:11younger self let's go back to the jeff who is just getting started so many years ago go back to
24:16him
24:16look him in the eye give him one piece of advice moving forward listen to your mentor and do exactly
24:23what he tells you to do i like that i would uh even add to that get a mentor because
24:28so many people
24:29go get one myself myself included i got started in real estate and i did not um i did not
24:35get a
24:36a mentor from the outset and i wish i did because you could uh bypass so many issues uh if
24:41you're
24:41just working alongside somebody who's already done it um moves us to the next question this is about
24:47the u.s it is a big place there is a lot of opportunity out there give me the single
24:51metro you're
24:52most excited about investing in today dallas texas dallas texas the tried and true i got two uh two
25:00properties out there and i'm looking for more but man it is an expensive expensive market it is it's hard
25:06to find really discounted deals out there that's why i told you that's why it's a good deal that's
25:11why i told you use the platform all right next question is about finding deals it all starts with
25:17getting in contact with the seller and generating finding good or getting in contact with the seller
25:21and pending the purchase agreement i forgot my own line how what is your favorite way to generate leads
25:26and find new deals so right now i've i've automated the process uh i mean my background right now i
25:34love
25:34i love things done speedily and effectively so right now like i said before finding the right deals
25:39finding discounted deals that are 40 or 50 percent below replacement cost below asking price
25:44all of that is done in 60 seconds using the platform so the platform does all of that for me
25:49and make it much easier so i save time i save energy i stop driving i can tell you gabe
25:54i drove two hours
25:55to go and see a commercial property all the ways down in north carolina getting there to realize that
26:01they have a lien on the property that the seller failed to disclose in loop net so i drove down
26:05two
26:05hours drove back two hours all of that i don't need to do all of that anymore there's a reason
26:10why we are
26:11in the age of technology with technology i can make it more effective for me to find the right deal
26:17dollars anywhere in the u.s i can find the right deal see the valuation on that property look at
26:22the
26:23issues look at the red flags like you said i'm not in the business to buy something heavily that has
26:27a
26:27lot of huge problems to go and fix i'm looking for buyers sellers who are distressed sellers who have
26:33good deals and then i can go in and close those deals all right that brings us to the very
26:37last
26:38question this is for the listeners you've given us a lot to think about i'm sure people want to
26:42reach out get in contact with you this is a two-parter where can they find you and then what
26:45can they expect when they reach out so this is what this is what i can expect this is what
26:49i'm going
26:49to do for you on your team right now gabe now if you're listening to this right now and you
26:54know
26:54you are looking at deals like gabe have said looking at deals right now and the deal looks solid
26:57but at the back of your mind you're wondering i might be seeing something then this will be for you
27:01but if you already bought a deal before and you know things didn't go as the way you planned
27:06then you know why i'm doing this now i'm going to give you guys two things that's usually reserved
27:10inside of invest fusion and this is for gabe and his team the first thing i'm going to give to
27:14you
27:14today is a red flag is the deal killing red flag cheat sheet and it's the same cheat sheet i
27:20wish i
27:20knew before i lost money in my first real estate deal it's one page and it's ready for your next
27:24walkthrough the second thing i'm going to give to you guys is the 60 second verdict blueprint
27:29is the same framework inside of invest fusion i used to close my deals the deals i close the
27:35duplex i close in north carolina that had over 21 000 of built-in equity now that is ready for
27:42you
27:42to to capture so imagine what changes if you can get your hands on these two things one you stop
27:47playing defense with your money and start playing offense now to now that you're still listening to
27:51this is what you're going to do right now go to investing.investfusion.co this is the exclusive
27:57for the listeners of this podcast again it's investing.investfusion.co go and grab the
28:04cheat sheet go and grab the blueprint use use it in your next walkthrough to find your next deal
28:09and then i will see you on the other side i will put that link in the show notes so
28:14if y'all want
28:14to reach out to jeff all you got to do is click the little more in the description it'll pull
28:18down
28:18that full description and in there you can find his links all right man that wraps it up thank you
28:25very much for hopping on the show thank you gabe thanks for having me i appreciate it absolutely
28:29for everybody who's with us today thank you guys for showing up you are the reason we do this so
28:34if you
28:34guys have any questions reach out to me gabe with real estate investing club.com if you guys want to
28:38support the show just leave us a comment review anything like that other than that i hope you
28:42guys have a great week keep rocking real estate and i look forward to seeing you on the next episode
28:48you
28:49you
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