There are ebbs and flows in every real estate investing journey, but not every home renovation project results in a six-figure loss! Fortunately, today’s guests learned one very expensive lesson so that YOU (hopefully) don’t have to!
Welcome back to the Real Estate Rookie podcast! Justin Noe and Nate Cherubini are real estate investing partners with top-notch problem-solving skills. But not even that could stop them from making a MAJOR blunder on one of their real estate deals—a mistake that cost them a whopping $120,000. After dealing with termites, zoning issues, and bad contractors, this dynamic duo had every reason to give up on real estate—but didn’t!
In this episode, Justin and Nate stress the importance of keeping your contractors in check and fostering healthy relationships in real estate. They also talk about why you should build your buy box early on in your investing journey and how to get your family on board with your real estate investing goals!
Ashley:
This is Real Estate Rookie Episode 357. My name is Ashley Kehr and I am here with my co-host, Tony J. Robinson.
Tony:
And welcome to the Real Estate Rookie Podcast where every week, twice a week, we bring you the inspiration, motivation, and stories you need to hear to kickstart in your investing journey. And today, do we have a story and a little bit of motivation for you. We’ve got two amazing guests on the show, Justin Noe and Nate Cherubini, and they’re business partners doing this real estate investing thing together. And obviously, Ash and I are big on partnerships, right? Head over to biggerpockets.com/partnerships, learn more about that. But I think today, you’re going to hear firsthand how partnerships help you as you’re going on this journey, especially for those that are new in the business. So really excited to get into today’s conversation.
Ashley:
We have a story today that involves a property in distress, a hometown bar, longtime relationships…