TLDR 58| Understand the "Why" of Getting Into Real Estate with Ting Ting & Elmar

Elmer and Ting Ting are two CPAs from the Northern Virginia area, and own a business in a residential redevelopment in the local area. They started out flipping properties in their local areas until they found their way into multifamily, because they realized that flipping properties is a more transactional version of investing in real estate. And have now exploded their talents in multifamily ever since.

[00:01 - 12:53] Managing Lifestyles in multifamily

Ting Ting and Elmer share how they got their start in real estate
Take your time going into real estate and be consistent
Balancing real estate, work and family life

[12:54 -20:25] Finding the right connections

Avoid making mistakes by learning from others
Learn to connect with networking group
Asking the right questions before investing

[20:26 - 25:23] Legacy Round

Building your network can help you succeed
Bring in people that can add value to you and your deal
Importance of having steady cash flow

[25:24 - 29:24] Slice of Knowledge

Ting Ting’s Final Words: “I lived my life. I have no regrets.“
Slice of Wisdom: “Don’t invest in single family. Just skip that and invest in both family right away.”
Recommendations: Multifamily by the slice

Reach Elmer and Ting Ting

Website: http://www.realestatesynergysolutions.com/

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