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In this episode, Marco explains how to get private money lenders to cover the purchase price, the closing cost, and the rehab budget of the rental properties. He also shares his unique negotiation strategies. Tune in to learn everything about raising private money and finding new deals. Episode notes: How to get off-market deals The most effective way to acquire new properties What makes a good negotiator? Wholesaling as a path to get into multifamily How to find private capital? Reasons not to do interest-only loans Books mentioned: Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! The 4-Hour Workweek Crushing It!: How Great Entrepreneurs Build Their Business and Influence-and How You Can, Too About Marco A. Romero: Marco is the co-owner of Hilco Homes and Bella Buyers. He focuses on acquiring rentals with private money and wholesaling. Connect with Marco: Website: www.hilcohomes.com Facebook: Marco A Romero, Bella Buyers, Hilco Homes Instagram: @macomello, @hilcohomes,@bellabuyers
In this episode, Marco explains how to get private money lenders to cover the purchase price, the closing cost, and the rehab budget of the rental properties. He also shares his unique negotiation strategies. Tune in to learn everything about raising private money and finding new deals. Episode notes: How to get off-market deals The most effective way to acquire new properties What makes a good negotiator? Wholesaling as a path to get into multifamily How to find private capital? Reasons not to do interest-only loans Books mentioned: Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! The 4-Hour Workweek Crushing It!: How Great Entrepreneurs Build Their Business and Influence-and How You Can, Too About Marco A. Romero: Marco is the co-owner of Hilco Homes and Bella Buyers. He focuses on acquiring rentals with private money and wholesaling. Connect with Marco: Website: www.hilcohomes.com Facebook: Marco A Romero, Bella Buyers, Hilco Homes Instagram: @macomello, @hilcohomes,@bellabuyers
Join JD, Annabel, and Melissa (The Real Estate Jam) with Hillary and Marco Romero as they talk about private money lending. They touch on the importance of treating your lenders not only with respect but with thankfulness and gratefulness for them. Also, they share how they strengthen the camaraderie between them and their investors through holding dinners. Hillary and Marco also give their process on how they structure deals and negotiations with lenders. By the end of the episode, you will learn to be confident in asking questions, establish good relationships with your partners, and see yourself at the same level as them. Enjoy the podcast! ~ About Hillary and Marco Romero: We sell rights to contracts on properties at discounted amounts. Hillary Romero, co-owner of Hilco Homes, is a Real Estate license holder in the state of Texas. Her license number is (#683848) and is held at Vortex Realty (#9005335). ~ You can find Hillary and Marco Romero on… Company Facebook: https://www.facebook.com/hilcohomes/ Deep Dive Wholesale: https://www.facebook.com/groups/hilcohomes/ Website: http://hilcohomes.com/ TikTok: https://www.tiktok.com/@marcoaromero --- Connect with The Real Estate Jam! Website: https://www.shorefrontrestorations.com Facebook Page: https://www.facebook.com/ShorefrontRestorations Instagram: https://www.instagram.com/shorefrontrestorations/ YouTube: https://www.youtube.com/channel/UCa_CWAV1OvH81yp6fITB4lg
Mike chats with Rose and Jim recapping the education seminar/class at the Hilco Homes offices just before the episode on the topics of social media and cold calling. Jim and Rose discuss their backgrounds in different professions and how they came to real estate. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/everything-real-estate---with-hilco-homes/support
Mike and Adriel chat about the company culture aspect of Hilco Homes and what companies do, could do, and aren't doing, to keep engaged with their team. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/everything-real-estate---with-hilco-homes/support
Host: Brandon Elliott | Guest Today: Marco A. Romero → Website Marco Romero and his wife, Hillary, quit both their jobs at the end of 2015 to start their Real Estate Journey together. In January 2016 they started two Real Estate companies together: Hilco Homes and Bella Buyers. Hilco Homes is focused on wholesaling contracts, and now consists of a team of 11 people. With Bella Buyers they own 30 rental units - all using the power of Private Money. This year (2019) they made their first two two multi-family real estate purchases. Marco’s first mentors were his parents, who taught him discipline and self-confidence, and since he’s found many pseudo-mentors through reading biographies of great achievers and change-makers. His purpose in life and business is to be the best version of himself possible. ---------------------------- Connect with Brandon Elliott today: Instagram | Facebook | Website | Youtube | Podcast ---------------------------- About Brandon Elliott: Brandon Elliott is a real estate investor, author of the book "Action Driven," podcast host, entrepreneur, and real estate coach. Besides having a passion for investing in real estate, he loves coaching other people on real estate because not only does he want to impact their lives but help them achieve generational wealth! This is also a key factor to why he created "Ready. Set. Go. Real Estate Investing" podcast. In this show, Brandon will be going over all aspects of real estate investing as well as educate, motivate, and prepare you to take action on your first or next real estate investment. If that is not all, he will interview the best of the best real estate investors to share their real estate journey and how they are still crushing it just for you. ---------------------------- Upcoming Real Estate Events: ---------------------------- Resources: Learn How to Generate More Leads Learn How to Successfully Negotiate Learn How to Repair Your Credit Your Guide to Take Massive Action ---------------------------- How to Get Your Free Gift: Leave a review on iTunes then take a screenshot. ** If you already left a review and took a screenshot, please send me a message here **
Marco Romero and his wife, Hillary, quit both their jobs at the end of 2015 to start their Real Estate Journey together. In January 2016 they started two Real Estate companies together: Hilco Homes and Bella Buyers. Hilco Homes is focused on wholesaling contracts, and now consists of a team of 11 people. With Bella Buyers they own 30 rental units - all using the power of Private Money. This year (2019) they made their first two two multi-family real estate purchases.Marco's first mentors were his parents, who taught him discipline and self-confidence, and since he's found many pseudo-mentors through reading biographies of great achievers and change-makers. His purpose in life and business is to be the best version of himself possible - we only get one life, why not make it the best life we can?BIG TAKE-AWAYS:Self-sabotage is the absence of a decisionEverything in your life is a reflection of yourself: how well are you doing?Success often requires sacrificeRECOMMENDED BOOKS:Rich Dad Poor Dad - Robert Kiyosaki (https://amzn.to/2PNWhsz)The 4-Hour Work Week - Tim Ferriss (https://amzn.to/2ZDZjU0)The 5 Love Languages - Gary Chapman (https://amzn.to/34nEMmd)Keystone Habits:Reflect consistently*Links: *Facebook.com/Macomello (Marco A Romero)Hilcohomes.consultingInstagram: @macomello
Real estate wholesaling is not your regular wholesaling. It is a tedious and challenging concept to begin with. Marco Romero, co-owner of Hilco Homes, teaches us how to make wholesaling less complex and more exciting. As any real estate agent, Marco also had a life-changing first deal which led him to starting his own wholesaling business. He shares the right and the wrong lessons he learned about the industry and what can be taken out of the middle of a deal. With his leadership skills, Marco has managed a have a whole team working together and created a round-robin system for every contract that comes in, ensuring that everyone gets paid.
The first "Hilco Story" episode, Mike chats with Marco and Hillary Romero (the owners of Hilco Homes) on the topic of balance of work and life and everything else. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/everything-real-estate---with-hilco-homes/support
On this episode, we do a Facebook live recording and chat about our podcast, the Hilco Homes live seminar events, social media resources, and our first deals. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/everything-real-estate---with-hilco-homes/support
Ever wonder what it would feel like to close a $39,000 wholesale deal?? Seriously, one wholesale contract - $39,000. Kenneth Godley, an Acquisition Partner at Hilco Homes, did just that last week! Marco A Romero is sitting down with him to talk about the details of this contract; - Where the lead came from? - How did he negotiate to a price with the seller? - What were challenges along the way? - Was it easy or was it hard? Also, ask Kenneth any questions that might help in your business today! Your 39K contract is just around the corner! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/everything-real-estate---with-hilco-homes/support
San Antonio Real Estate Market Trends Interview| May '18 Our Co-Founder recently did an interview with Hilco Homes to go over the San Antonio Real Estate Climate. This was a great back and forth to help clarify what it all means. Enjoy! >>DOWNLOAD SLIDES>Youtube Channel
Marco Romero owns Hilco Homes and Bella Buyers with his wife in San Antonio, Texas. They started their business in 2015 and have since built up a rental portfolio of 20 properties with Bella Buyers. With Hilco Homes they focus on wholesaling to generate revenue and create the opportunities to continue to build their rental portfolio. Marco shares some great tips for newer wholesalers and how they can jump start their business!
Hillary and Marco got married and became pregnant in 2015. In an effort to build the future they both wanted their family, they both quit their jobs that same year. Since then, they have built their real estate portfolio and build a wholesaling company that closes numerous transactions each month. With a team of six people in Hilco Homes, they look to grow strong in the new year of 2018! Marco and Hillary got their start like most investors do. They were looking for a way to generate an income for their growing family and needed something that worked. Having already known the business, they decided to go for it and start their real estate investing journey. Hillary started studying up on everything she could. She read all of the books she could find on real estate investing and dove in. Marco helped her with some concepts, and together their wholesaling team was born. Now the two are unstoppable! “I’m learning the best that I can,” Hillary says, “But Marco has 10 years on me.” They had two major focuses. 1 - Marco and Hillary wanted to generate cash flow, or a passive income. This consisted of getting houses to rent. Marco points out that, even though the rent is paying for the house, that’s not a huge passive income for a family to live off of. 2 - Marco and Hillary needed an active income. This came to them through wholesaling houses. While they were building up their rental properties business, the two focused on finding wholesale deals to keep their lifestyle afloat. Their wholesaling houses team started when a gentleman named Juan contacted Marco and asked for guidance in the real estate investing market. He was let go of a previous position and was looking for a job in the real estate market. Marco taught him how to bring in wholesaling deals with the profits being split between the two 50/50. The rest is history! Juan became a part of their team, and everything grew from there. “We refined all of our systems and processes,” Hillary says, “It’s all about finding the people who work best with us.” Their wholesaling houses team is up to 7, including their virtual assistant, and is still looking to grow. “We’re bringing on an eighth next week,” Marco says, “It’s a constantly evolving thing. Some people work out, and some people don’t.” What are some of the lessons learned from hiring and letting people go? Marco and Hillary have the idea of not hiring good people, but hiring great people. “We don’t just want to hire to fill a seat,” says Hillary. Hiring high quality team members will only strengthen your wholesaling houses team over the long run. In the past, they required that applicants submit a resume, but have recently changed that policy. Seeing the pen and paper resume as an “out-dated system”, Hillary has decided to do video resumes instead. Marco and Hillary ask that applicants answer 3 questions in their 2 - 3 minute video submissions. “I feel we’re a pretty good judge of character,” she replies. If an applicant makes it past the pre-screening questions and video application, then they move on to a full interview with Juan. At that point, if Juan thinks this person is qualified and a good fit for the company, then they get moved on to Hillary for the final interview. This process has taken Marco and Hillary a few years to work out, but they’ve found it’s the most successful for finding people to add to their wholesaling houses team.