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Cole Hatter

๐Ÿ‘ค Speaker
209 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 408: $100M Funds, $30k/mo Real Estate Cashflow, Conference Sales with Cole Hatter of Thrive

You could do 100% financing.

SaaS Interviews with CEOs, Startups, Founders
EP 408: $100M Funds, $30k/mo Real Estate Cashflow, Conference Sales with Cole Hatter of Thrive

You would have to put 0% down.

SaaS Interviews with CEOs, Startups, Founders
EP 408: $100M Funds, $30k/mo Real Estate Cashflow, Conference Sales with Cole Hatter of Thrive

Wow.

SaaS Interviews with CEOs, Startups, Founders
EP 408: $100M Funds, $30k/mo Real Estate Cashflow, Conference Sales with Cole Hatter of Thrive

And those products don't exist anymore because we learned our lesson.

SaaS Interviews with CEOs, Startups, Founders
EP 408: $100M Funds, $30k/mo Real Estate Cashflow, Conference Sales with Cole Hatter of Thrive

No, absolutely not.

SaaS Interviews with CEOs, Startups, Founders
EP 408: $100M Funds, $30k/mo Real Estate Cashflow, Conference Sales with Cole Hatter of Thrive

I'm doing, well, so quick flips, yes.

SaaS Interviews with CEOs, Startups, Founders
EP 408: $100M Funds, $30k/mo Real Estate Cashflow, Conference Sales with Cole Hatter of Thrive

Instead of buying and holding, hoping that it goes up, we're buying and repairing.

SaaS Interviews with CEOs, Startups, Founders
EP 408: $100M Funds, $30k/mo Real Estate Cashflow, Conference Sales with Cole Hatter of Thrive

So I'm buying properties that are undervalued, distressed, using a combination of my own money, private money, or hard money.

SaaS Interviews with CEOs, Startups, Founders
EP 408: $100M Funds, $30k/mo Real Estate Cashflow, Conference Sales with Cole Hatter of Thrive

We can talk about what all that is if you're interested.

SaaS Interviews with CEOs, Startups, Founders
EP 408: $100M Funds, $30k/mo Real Estate Cashflow, Conference Sales with Cole Hatter of Thrive

Fixing a property up to increase the value and turning around and selling it inside three to five months.

SaaS Interviews with CEOs, Startups, Founders
EP 408: $100M Funds, $30k/mo Real Estate Cashflow, Conference Sales with Cole Hatter of Thrive

And we found that to be much more efficient because it no longer banks on appreciation.

SaaS Interviews with CEOs, Startups, Founders
EP 408: $100M Funds, $30k/mo Real Estate Cashflow, Conference Sales with Cole Hatter of Thrive

And regardless of what's happening economically or in the real estate climate, even if we're in a collapse like 2008, 9 and 10, I'm in and out of that project so quickly.

SaaS Interviews with CEOs, Startups, Founders
EP 408: $100M Funds, $30k/mo Real Estate Cashflow, Conference Sales with Cole Hatter of Thrive

I don't take those long term losses.

SaaS Interviews with CEOs, Startups, Founders
EP 408: $100M Funds, $30k/mo Real Estate Cashflow, Conference Sales with Cole Hatter of Thrive

And because I'm buying a property that's literally dilapidated, mold infested, disgusting and making it gorgeous, I'm forcing value into that home.

SaaS Interviews with CEOs, Startups, Founders
EP 408: $100M Funds, $30k/mo Real Estate Cashflow, Conference Sales with Cole Hatter of Thrive

And so that that works, whether real estate is going up, down, left, right or any direction.

SaaS Interviews with CEOs, Startups, Founders
EP 408: $100M Funds, $30k/mo Real Estate Cashflow, Conference Sales with Cole Hatter of Thrive

And so that's that's a big focus of ours.

SaaS Interviews with CEOs, Startups, Founders
EP 408: $100M Funds, $30k/mo Real Estate Cashflow, Conference Sales with Cole Hatter of Thrive

And then, like you said, buying and holding as well, because flipping houses is cool.

SaaS Interviews with CEOs, Startups, Founders
EP 408: $100M Funds, $30k/mo Real Estate Cashflow, Conference Sales with Cole Hatter of Thrive

But, you know, buying and holding is is how you create long term passive income and wealth.

SaaS Interviews with CEOs, Startups, Founders
EP 408: $100M Funds, $30k/mo Real Estate Cashflow, Conference Sales with Cole Hatter of Thrive

And so in my real estate business, it's a combination of both.

SaaS Interviews with CEOs, Startups, Founders
EP 408: $100M Funds, $30k/mo Real Estate Cashflow, Conference Sales with Cole Hatter of Thrive

So right up to date over the last seven years, how many places have you fixed and flipped?