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Episode 83: How to Acquire, Fund, and Develop Distressed Properties in Chicago
Malcolm Gladwell popularized the idea that it takes 10,000 hours to master something. Well, if that's the case, Mike Olszewski has likely mastered his craft several times over. To date, he has sold over 17,500 REO properties, developed properties and has even begun his own private lending business. Today, you get to learn the process of acquiring, rehabbing and selling REO properties from a master and apply them to your own practice.
Mike also gives an in-depth play-by-play tutorial on how to handle a cash for keys situation and addresses some of the key things to be aware of when developing…
The skinny
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