REI169: The Rise of a Real Estate Entrepreneur w/ Donovan Adesoro

Patrick Donley talks with Donovan Adesoro who is a real estate developer and also Investor Relations Director for Fund That Flip. They discuss how his start in house hacking fueled the desire to do larger deals which led to him developing 16 duplexes in the Houston area with an additional 30 currently under construction.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

17:27 - How Donovan got his start in house hacking.

17:39 - What the pros and cons of house hacking are.

17:39 - What resources and first steps would he recommend to beginning investors?

27:15 - What it took to break into the development world.

33:01 - Why he jumped from house hacking to developing duplexes.

37:40 - What the steps are from purchasing a vacant lot to the final end product.

40:32 - How he went about raising capital.

57:09 - What his exit strategy is plus his plans for the future.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Robert’s book The Everything Guide to House Hacking.
Rich Dad Poor Dad by Robert Kiyosaki.
The Go Giver by Bob Burg.
Set for Life by Scott Trench.
Richer, Wiser, Happier by William Green.
Related episode: Listen to MI215: The Everything Guide to House Hacking w/ Robert Leonard, or watch the video.
Related episode: Listen to REI090: The Guide to Real Estate Investing w/ Brandon Turner, or watch the video.

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