Navigating Real Estate: From Flipping to Long-Term Rentals with Garrick O'Connell

AZREIA Show

Join host Marcus Maloney and co-host Mike Del Prete on The AZREIA Show as they catch up with Garrick O'Connell, a seasoned landlord, real estate agent, and the leader of the AZREIA Landlording Subgroup. Garrick shares insights from his real estate journey, detailing his transition from acquiring rentals to focusing on flipping properties and mobile homes due to market changes.

He discusses the significance of 1976 in mobile home investments, offers tips for making conservative offers, and highlights the value of always staying proactive in business. Garrick also delves into the benefits and challenges of being a real estate agent and provides valuable advice for those considering getting their real estate licenses. Discover various real estate strategies and the importance of adapting to market conditions in this informative episode.

Key Takeaways:

00:09 Catch-Up with Garrick O'Connell

00:54 Current Real Estate Market Trends

01:48 Flipping and Mobile Homes

05:19 Airbnb Experiences and Challenges

10:44 Lessons from the COVID Era

15:09 Mobile Home Flipping Insights

26:12 Real Estate Market Challenges

27:12 Exploring Wholetailing

28:59 Profit Margins in Mobile Home Flips

31:38 Transition to Real Estate Agent

39:48 The Importance of Real Estate Licensing

44:13 Landlording and Long-Term Rentals

53:38 Conclusion and Contact Information

Connect with Garrick O'Connell

https://www.instagram.com/garrickoc/

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