#004: House Hack Your Fix & Flip
Jason A. Duprat, Entrepreneur, Healthcare Practitioner and Host of the Healthcare Entrepreneur Academy Podcast, discusses his past as a medical student, which led him to real estate investing. Gain some useful tips from Jason's first real estate experiences.
What did Jason do for work during college following his hotdog cart business?
What position did Jason transition to after ER?
Jason became interested in real estate during his ICU program.
What type of property did Jason start off with?
How much did Jason spend on buying and renovating his first investment property?
What happened with Jason’s additional real estate projects?
What advice does Jason recommend for real estate investors?
3 Key Points:
Jason completed an intense 16-week ER program and a 12-week critical care program.
Take the overall market dynamics into play when you're investing in real estate.
Study real estate market cycles to do your best to buy on the down-slope of the market and sell on the upswing of the market.
“I started to look for a place of my own. My goal was to have a live in fixer-upper and complete the home renovations while I lived there and then ideally, sell the property for profit.” – Jason A. Duprat
“My timing actually couldn’t have been any better because I ended up buying a townhouse at the very bottom of the real estate crash that started in 2008-2009.” – Jason A. Duprat
“For the foreclosure property, we paid $120,000 for it and we sold it for approximately $160,000.” – Jason A. Duprat