How to Hack Real Estate
How to Hack Real Estate
Podcast Description
How to Hack Real Estate is where high-level professionals meet real estate—with precision.
Hosted by Scott Krusemark, a real estate veteran, polymath, programmer, and deeply analytical coach with Asperger’s, this show dives deep into the minds of ambitious professionals looking to unlock freedom through real estate. Each episode is a real-time strategy session—Scott reverse-engineers his guest’s life story, skill sets, and goals to uncover their unique path in the world wide web of real estate investing.
Whether you’re a developer tired of the 9–5 grind, a knowledge worker looking to apply your brain to cash-flowing assets, or someone who knows they’re just ready for a pivot, this podcast will help show you how to use your gifts to build wealth—without becoming someone you’re not.
By the end of each episode, Scott and his guest uncover a concrete direction forward—and for those ready to go further, Scott offers his one-on-on mentorship to implement real-world deals with strategic clarity.
Podcast Insights
Content Themes
The podcast primarily focuses on real estate investment strategies, financial independence, and passive income generation. Episodes dive into specific topics such as tenant risks, property funding strategies, and the role of vision statements in investment success, with examples like the inaugural episode featuring a discussion on a mech-engineer’s journey to rental properties.
How to Hack Real Estate is where high-level professionals meet real estate—with precision.
Hosted by Scott Krusemark, a real estate veteran, polymath, programmer, and deeply analytical coach with Asperger’s, this show dives deep into the minds of ambitious professionals looking to unlock freedom through real estate. Each episode is a real-time strategy session—Scott reverse-engineers his guest’s life story, skill sets, and goals to uncover their unique path in the world wide web of real estate investing.
Whether you’re a developer tired of the 9–5 grind, a knowledge worker looking to apply your brain to cash-flowing assets, or someone who knows they’re just ready for a pivot, this podcast will help show you how to use your gifts to build wealth—without becoming someone you’re not.
By the end of each episode, Scott and his guest uncover a concrete direction forward—and for those ready to go further, Scott offers his one-on-on mentorship to implement real-world deals with strategic clarity.
Work with Scott to create and implement a strategy for real estate that makes sense for YOU! guide.howtohackrealestate.com/go
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Summary
In this inaugural episode of ‘How to Hack Real Estate’, host Scott Krusemark engages with aspiring investor Dan Morgan, exploring his background, aspirations in real estate, and the challenges he faces. The conversation delves into the importance of having a clear vision for financial independence, understanding tenant risks, and the strategies for finding properties and funding. Scott emphasizes the significance of a vision statement and the combination of knowledge and action in achieving success in real estate investment.
Keywords
real estate, coaching, financial independence, investment strategies, passive income, vision statement, tenant risks, property funding, contractor relationships, investment journey
Takeaways
- Starting with a vision statement is crucial.
- Understanding your ‘why’ helps in tough times.
- Concerns about tenant risks are common but manageable.
- Finding properties and funding is essential for success.
- Investor-friendly contractors can save money.
- Passive income is a key goal for financial freedom.
- The first property is often the hardest to acquire.
- Knowledge and action are both necessary for success.
- Making multiple offers increases chances of securing deals.
- Real estate investing is a long-term commitment.
Chapters
00:00 Introduction to Real Estate Coaching
01:35 Dan’s Background and Skills
05:44 Vision for Financial Independence
07:19 Balancing Family and Career
08:07 Understanding Passive Income
12:29 Concerns About Being a Landlord
20:12 Selecting Rental Properties and Funding
24:25 Understanding Private and Hard Money Lending
28:56 The Importance of Networking and Finding Contractors
30:59 Calculating Costs and Understanding Profit Margins
35:24 The Role of Vision Statements in Real Estate Success
38:03 Knowledge and Action: Keys to Real Estate Investing
39:40 Exploring Sheriff Sales and Auctions
47:01 Strategies for Getting Started in Real Estate
52:44 Key Takeaways and Closing Thoughts
About Scott Krusemark
Scott’s first business was at age 12, a precursor to entrepreneurial ventures totaling over 20 diverse enterprises. A computer consultant since 1983, he has a rich history in technology, with more than 50 programming languages and over 150 clients.
His passion for real estate blossomed in 2002, leading him to become involved in various REIA’s and a savvy housing provider. Scott’s diverse real estate experience from fix-and-flips to creative financing. Notably, he developed and sold the innovative Rehab Estimator Pro app in 2019, merging his technological expertise with real estate acumen.
Over 40 years of teaching, Scott is not only a mentor/coach but also an inspiring speaker, sharing his knowledge in real estate and technology.
Married since 1980 with 2 girls, creates a balanced journey. Scott is that rare person at the intersection of Computers, Real Estate Investing, Knowledge, and knows how to clearly communicate. Helping others is his passion through speaking and coaching.
Connect with Scott at guide.howtohackrealestate.com/
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