It's Better To Be Lucky Than Good In Real Estate | Ep. 572 Artwork

Multifamily Investing Made Simple

Join us each week as Anthony Vicino and Dan Krueger of Invictus Capital take the complexity out of multifamily investing so you can start taking action today.Every episode of Multifamily Investing Made Simple is designed to provide passive and active investors alike with the knowledge, confidence, and competence to get out there, make deals, and achieve financial freedom through the powerful investment vehicle of multifamily real estate.Whether we're breaking down seemingly complex real estate concepts, interviewing titans of the industry to learn from their successes and failures, or just offering plain old bad investing advice, you're sure to learn something (and have some fun in the process)!.

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Multifamily Investing Made Simple

It's Better To Be Lucky Than Good In Real Estate | Ep. 572

August 28, 2024 • Anthony Vicino and Dan Krueger • Episode 572

Which is better? To be lucky in real estate investing? Or to be good at real estate investing?

Maybe both?

We have heard about Anthony's first real estate investment, the house-hacking triplex. It appreciated about $125,000 in just 9 months.
He's a genius real estate investor, right?

Well, I asked him... did you just get lucky? What if the furnace kicked? Or the roof caved in? Did you have the reserves to fix any major projects?

While he did have some reserves ready to go, he also got lucky. The neighborhood was appreciating, and therefore his property was growing in value. So...

When it comes to real estate investing, especially in your first few deals... how much luck is involved?

What can you do to mitigate your risks so you're not relying on all of that good luck?

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People on this episode

Anthony Vicino

Host

Daniel Krueger

Host