Journeying from FEMA disasters to managing millions in multi family with Robert Benenate

Join Steve Fierros and his co-host, Vince Gethings, as they talk with Robert Benenate about finding real estate success in house flipping even amidst unfortunate circumstances. Robert has over 30 years of construction and renovation experience, influencing significant projects, including a $1.7 million condo conversion project. He has such a deep passion for real estate that he even learned the business from the ground up, from house renovating to property investing. In this episode, Robert shares his real estate journey with us, from being a house flipper to becoming a senior property manager. Learn more about finding opportunities and taking action with Robert Benenate on The Cashflow Project Podcast!

 

Finding Opportunities and Taking Action

Money often proved to be essential to any real estate investor. But despite the odds, Robert kept finding ways to be successful in his career without breaking the bank—and you can too! Lack of money is not as big of a hindrance as you might think. Loans are not something people should be ashamed of but rather something people should understand. As long as you are smart with your money, you are sure to get it back double or even triple its initial amount.

About Robert Benenate:

Robert Benenate is a New Orleans native who is passionate about construction, renovation, and Real Estate. He started doing business from the ground up and now has over 30 years of renovation and construction experience. Robert has worked on many projects, including his newest major conversion project worth 1.7 Million.

 

In 2008, Robert made his first investment. It was a renovation project to an otherwise unlivable house. He did it without taking any money from his pocket but with capital money that he has loaned from the bank. His strong mindset of looking for opportunities at best and even worst of times and taking immediate action drove him to be who he is now.

 

Outline of the episode: 

●       [01:07] Robert’s journey with real estate and house flipping.

●       [03:04] His mindset about taking opportunities.

●       [07:41] Recent builds Robert has invested in.

●       [09:42] How to look for opportunities even at unlikely events.

●       [11:09] Robert’s start with multi-family ownership.

●       [14:30] Strategies on looking for multi-family deals.

●       [15:58] Increasing income and decreasing expenses.

●       [18:39] Secret shopping property and scoping the competitor.

●       [20:18] Robert’s advantage thanks to his experience with construction.

●       [22:07] Red flags to look out for when doing due diligence.

●       [27:09] Bringing the family together for the business.

●       [30:14] How does one learn Real Estate Investing.

●       [32:02] Getting to know Robert more in the Fire Round.

●       [39:39] Advice towards people who want financial freedom.

 

Resources:

●       Linkedin: https://www.linkedin.com/in/robert-benenate-7a6003b0

●       Company Website: https://strategicpropconsult.com

●       Facebook: https://www.facebook.com/people/Robert-Benenate/100007821259201

 

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