Saturday Jul 27, 2024
King of New York's Real Estate Navigation, Michael Pinter's Real Estate Journey
In this episode of The REsimpli Podcast, Sharad interviews Michael Pinter, a seasoned real estate investor. Michael discusses transitioning from the mortgage industry to full-time real estate investing in 2013, highlighting the unique challenges of the New York market, such as mandatory attorney involvement and high earnest money deposits. He recounts shifting from foreclosure auctions to wholesaling in 2017 for better scalability and describes his recent expansion into the El Paso, Texas market for owner-financing opportunities.
Michael emphasizes the importance of consistent lead generation, understanding local market nuances, and delegation. He contrasts the quicker transactions and fewer regulations in Texas with New York's complexities. Future plans include ground-up construction and property development in New York. Michael shares personal anecdotes about family time and his favorite book, "Never Split the Difference" by Chris Voss.
For aspiring investors, Michael encourages them to call his office or connect via his social media channels, especially through BiggerFlips on YouTube and Facebook.
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