$100k Profits in 90 Days via Virtual Real Estate Investing

Is it even possible to make $100k profits in 90 days? Nick Lamagna has a black belt in Jiu-Jitsu, and he probably would have one in real estate investing as well. He started 15 years ago with ‘virtual real estate investing’ out of his home state, then wholesaling, flipping, and finally going in on large, large multifamily deals–hello $100k profits. Nick has learned a lot in his decade and a half of real estate investing; he mentions some mistakes to avoid when trying to run an out-of-state portfolio along with tips for building an organized, systematized team.
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Learn More About Nick:

Real Estate Investing Education and Opportunities | Nick Lamagna Presents The A Game Podcast

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Listen to The A Game Podcast:
https://podcasts.apple.com/us/podcast/the-a-game-podcast-real-estate-investing-for-entrepreneurs/id1447704194
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The Book on Long-Distance Real Estate Investing:
Long-Distance Real Estate Investing
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@beardybrandon or https://www.instagram.com/beardybrandon/
@davidgreene24 or https://www.instagram.com/davidgreene24/

Episode 472

Show notes at: https://www.biggerpockets.com/show472

1:17 Intro with Brandon and David
2:20 Quick Tip
4:22 Interview with Nick Lamagna
5:42 Nick’s Start in Real Estate
8:56 Problems with Initial Deals
13:32 Pivoting in the Recession
21:11 Long Distance Investing
28:02 Bigger and (Not Always) Better Deals
39:53 Wholesaling
57:03 Black Belt in Real Estate and Jiu Jitsu
1:03:39 Deal Deep Dive
1:13:23 Famous Four