How Do I Start My Real Estate Investment Jounrey? (Episode 86) S6 E10

Tyler, Aric, and Jason talk with Hyrum Oaks, CEO of RaceEntry.com, about how he got started in real estate investing.

0:00 – Introduction. Hyrum Oaks is NOT a professional investor, but he’s got 31 units! Even though he’s from Utah, he chose to invest mostly in Indianapolis, Indiana.

7:22 – Know Your Weaknesses. Don’t try to build a strategy on your weakness. Hire where you’re weak.

10:39 – Going Out of State. He couldn’t nail down wholesale deals, they were gone too fast. Have your HELOC ready, y’all! Did a flip to get some cash.

18:26 – Buying 19 Units at Once. Vet your property manager, and then trust them.

24:45 – Horror Stories.

31:40 – Good advice. Experience protects you from pain.

33:01 – This is How it Really Got Going. Competition.

37:02 – What’d we learn today?

39:39 – Out takes.

* No property managers. harmed in the making of this video.
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Special Thanks to our guest:
Hyrum Oaks
CEO of Race Entry

Realtors with Hive Collective at Presidio Real Estate:
Tyler Cazier: 801-210-0230
Aric Wiszt: 801-228-7687‬

Lender with Elite Team at Security Home Mortgage:
NMLS: 178787
Jason Christiansen: 801-669-7271
NMLS: 240472

A Production with Security Home Mortgage’s Jason Christiansen, and Hive Collective at Presidio’s Tyler Cazier and “Mr. Suit” Aric Wiszt.