47. Ace the Market: The Tennis Player Who Built a Real Estate Empire, Alam Wali

11 de mar. de 2024 · 57m 37s
47. Ace the Market: The Tennis Player Who Built a Real Estate Empire, Alam Wali
Descripción

Join hosts Shane and Jesse, along with guest Alam Wali from Spectrum Property Group, as they volley through the complex landscape of real estate investing, from harrowing first purchases to...

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Join hosts Shane and Jesse, along with guest Alam Wali from Spectrum Property Group, as they volley through the complex landscape of real estate investing, from harrowing first purchases to multi-million dollar deals.

In this episode, we peel back the curtain on the often-unspoken trials and tribulations of property investment. Shane shares his candid experience of a challenging initial foray near UCF in 2006, revealing the stark realities of overpriced mortgages and negative cash flow. The team discusses the surprising advantages of holding a real estate license, and how joint ventures and private financing can be game-changers for newcomers. Alam Wally recounts his pivot from Pakistan's junior tennis champion to a real estate heavyweight in the US, underscoring the episode's theme of resilience and adaptability.

Listeners will also gain insider knowledge on the formation and growth of Spectrum Property Group, including the strategic moves behind starting a title company and the value of building a trusted network. Experience firsthand accounts of the day-to-day hustle of real estate agents and wholesalers, as well as personal stories that interweave family, sports, and the business of real estate.

By the end of this episode, you'll walk away with not only a deeper understanding of the highs and lows of real estate investment but also the discipline and strategic mindset necessary to navigate this competitive industry. 

Connect with Alam: https://www.linkedin.com/in/alam-wali-57135729/

Connect with Jesse:
Instagram:https://www.instagram.com/jesserottinghaus/
Website: https://linktr.ee/jesserottinghaus

Connect with Shane:
Instagram: https://www.instagram.com/shaneburgman/
Website: https://linktr.ee/Shaneburgman

Connect with Impractical Brokers:
Instagram: https://www.instagram.com/theimpracticalbrokers/
Website: https://www.impracticalbrokerspodcast.com/
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