How to Effectively Renovate Houses for Profit, or hold for Airbnb with Dominic Wood

First Responders Wealth Network Real Estate Investing Podcast

In today’s episode, we will be joined by Dominic Wood. He is a real estate agent with Weisbarth & Associates in Seattle, WA, and the nearby area providing home-buyers and sellers with professional, responsive, and attentive real estate services.

Dominic is an experienced real estate investor who has purchased and remodeled over 35 luxury homes across Seattle. Dominic's experience in acquisitions, sales, and negotiations give him a unique ability to assist his clients and give them the "Straight Talk" about any type of property to ensure his clients are getting a great deal.

Tune in now and get tips on how to make a wise investment and reap the rewards!

Highlights:

• [11:48] Dominic's Transition: From Restaurant to Real-Estate
• [14:22] How did Dominic raise his capital?
• [15:53] Designing homes in a smart way
• [20:04] The Pandemic’s Impact on Dominic's Business
• [21:07] How Dominic dealt with his problems
• [23:40] Changing a House into Airbnb Rental
• [26:21] What lesson did Dominic learn from the Top Broker in Seattle?
• [27:50] Three things that clients should be aware of
• [33:00] How Dominic acquired a 10-acre Ocean View Property
• [40:54] Strategic Deal with a Wholesaler Architect
• [43:38] How does having a staging team help you succeed?
• [49:30] The Best Area to Invest
• [52:40] Dominic's Advice to New Investors

Links:

Website: https://www.domwoodrealestate.com