Chapter
Advice on Angel Investing
27:17 - 33:38 (06:21)
The speaker suggests that before a person starts their journey with angel investing, they should establish their credibility by making a few million dollars and creating a due diligence questionnaire for potential deals.
Clips
The speaker discusses a housing development that lays foundations quickly and builds houses in a shorter timeframe compared to competitors.
27:17 - 29:37 (02:19)
Summary
The speaker discusses a housing development that lays foundations quickly and builds houses in a shorter timeframe compared to competitors. They also mention plans to add a back-office module to their company's development plan, and note that the development company is not the manufacturer.
ChapterAdvice on Angel Investing
Episode#176 with Codie Sanchez - Buying Distressed Assets, Real Estate for Cheap & How to Network Like a Pro
PodcastMy First Million
The speaker shares an experience of losing $2 million on an egotistical investor, recommends making a few million dollars before beginning angel investing, and suggests taking due diligence seriously by creating a record of every investment with timestamp.
29:37 - 33:38 (04:01)
Summary
The speaker shares an experience of losing $2 million on an egotistical investor, recommends making a few million dollars before beginning angel investing, and suggests taking due diligence seriously by creating a record of every investment with timestamp.