REI Wealth Monthly Issue 14 | Page 26

INTERVIEW WITH MARKO RUBEL LINDA PLIAGAS Marko, what is the greatest real estate lesson you have learned so far? The one I always tell the new real estate investors the best strategy to invest in real estate is not the one that "a guru" told you about... but rather the one that has potential to give you all five leverage benefits of real estate. That is the strategy and business model that provides not only the profit based on difference in buy vs. sell price; but also the Why do you say that most real estate "gurus" only talk BS? There's no business on this planet that brings you easy success, but "gurus" make it seem like all you have to do is buy their "magic pill secret" and cash flow; the equity build-up due to loan paydown; the equity build-up due to appreciation; and the tax shelter due to depreciation (IRS 167). Do you have any investment regrets? If so what are they? success will be really easy. That is B.S. Most gurus are just information sellers and are not doing the I think I wasted a few first years trying to wholesale business. They hate me for saying this, but it's the and then later trying to fix & flip houses. That's the truth. least profitable way. Can you explain the 2 X 2 of real estate What advice would you give to new investors? investing? For new investors - success doesn't come over There are 2 ways to approach real estate investing - the "conventional (1)" way, where you buy rentals using your own credit and hassle with it for years; and then there's the "creative (2)" way where you use creative techniques like "subject to", options and lease options, seller financing, etc. to create wealth a lot faster. The "creative" investing has 2 different approaches as well. One is "fixing houses" and the other one is "fixing paper" by creating favorable financing for buyers who can't qualify. The latter is easier and a lot more profitable! night, so be ready to put in some work. You will not regret it!