181: Finding Deals & Scaling in a Competitive Market with Lauren Hardy | Bigger Pockets Podcast

Let’s be honest: It can be tough to find a great deal in today’s competitive real estate market. If you find yourself in that situation, you are going to love today’s show! Today we hear from Lauren Hardy, a house flipper and wholesaler in the highly competitive Southern California market who overcame a rough beginning to scale her business to several deals a month. You’ll love Lauren’s honesty about quitting her job too early and her straightforward approach to finding deals, evaluating a market, and creating systems that allow her to work and live a full life. And grab some scratch paper — this is definitely one show you are going to want to take some notes on!
In This Episode We Cover:

What to do when you hail from an expensive location

How Lauren got started in real estate

Her very first deal

Why she loves condos

Things to consider when investing in condos

How she quit her job — and failed

How she spent $25,000 — and got no deals

Lauren’s tweaks to her direct mail marketing

How she scaled to 2 to 3 deals a month

How Lauren’s business works

How she uses Podio to make her processes easier

How she estimates rehab costs

What exactly cash for keys is

Flipping shows vs. flipping in real life

How she funds her deals with hard money and private money lenders

Where is she going with her business

How many hours she works in a week

And SO much more!

Links from the Show

BiggerPockets Webinar

ListSource

REISource

Google Earth

Darren Daily

BiggerPockets Udemy Course

Books Mentioned in this Show

Rich Dad Poor Dad by Robert Kiyosaki

Tax Strategies for the Savvy Real Estate Investor by Amanda Han

Building Wealth One House at a Time, Updated and Expanded by John Schaub

The Compound Effect by Darren Hardy

The Entrepreneur Roller Coaster by Darren Hardy

Tweetable Topics:
“I love what I do, so it doesn’t feel like work.” (Tweet This!)
Connect with Lauren

Lauren’s BiggerPockets Profile

Lauren’s Facebook Profile

Lauren’s Instagram

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