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Transform Commissions into Wealth: Multifamily Real Estate Investment with Duc Ong
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In today's episode, host Dearonne Bethea sits down with the astute Duc Ong, the principal broker for Blueprint Real Estate Advisors. Together, Dearonne and Duc explore the intricacies of real estate investments, shedding light on topics often overlooked by traditional agents. From targeted market strategies and partnerships with firms like Tri City Equity Group to the significant advantages of multifamily investments and the beneficial tax implications of real estate professional status, this episode is packed with invaluable insights. You'll also hear about the growing importance of leveraging virtual assistants and the economic factors influencing real estate decisions today.
00:00 Teaching, practicing, managing real estate, market changes.
04:24 Earn real estate commissions, invest in passive income.
06:44 Summary: Discussing qualifications and investing opportunities for real estate professionals.
10:45 Prices remain stable due to balanced supply and demand.
12:54 Completed 1031 exchange, facing challenges with mortgage.
16:42 NAR lawsuit settlement changes MLS advertising rules.
20:11 Investing in Hawaii challenging due to entry barrier.
24:22 Real estate professional emphasizes agent knowledge gaps.
28:07 Offering flexible investment options to potential partners.
30:15 Discussing easy accessibility to investment opportunities in companies.
34:13 Real estate ownership opportunity for aspiring investors.
36:13 Brokerages: big split or boutique value.
39:07 Invitation to Hawaii millionaire mindset event in July.
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