Broke to Real Estate Millionaire...

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Aaron Amuchastegui excels at helping people buy real estate at a discount, and he’s turned that expertise into a thriving real estate business. Between his tools-like Lead Propeller, Prophawk, and Roddy’s Foreclosure Listing-and the more than 800 properties he owns across Texas, his businesses generate a quarter million dollars in revenue every month. Learn how he started and grew his real estate investing business in this interview.
Aaron started his first real estate business in 2009, just after the housing crash forced the California company where he’d worked as a realtor to downsize. He drew on his real estate expertise to invest in foreclosed properties, building a hedge fund from scratch and flipping over 1,000 homes in 3 years. That success was short lived, however. Competition from large investment firms forced his business to close and led to Aaron shifting his focus to properties in Texas.
The lessons he learned growing that first real estate business proved beneficial when he started investing again in 2015. In this episode, he’ll share what he did differently the second time around, as well as his advice for other new investors to avoid making the same missteps.
Today, Aaron’s business goes beyond simply investing. He’s expanded into the technology side of real estate investment, starting with his purchase of Roddy’s Foreclosure Listing in 2017. We’ll learn why he decided to broaden his focus to include investor tools and how he’s achieved consistent year-over-year growth with the listing service since he acquired it.
Resources:
bit.ly/3WQRffz - Start or Grow Your Business with UpFlip Academy
4closure.info/ - Find Out More About Roddy’s Foreclosure Listing
#realestatebusiness #realestateinvesting #realestate

[@UpFlip]

UpFlip Academy helps fast-track your journey from startup to success story, join us at: bit.ly/3WQRffz

[@realestatecoachestv]

I am happy this host came back!! He makes the show easy to watch..

[@Selfpaidswipe]

12:04 “my grandfather died before I was born” Interviewer: man that’s *AWESOME*

[@billjohnsonpgc]

Lmao

[@thediydentalchairguy7269]

Omg 😂 bro...

[@jimdandy8996]

lol

[@paul.bulanov]

Great catch! The “awesome” part was that it’s his grandpa that he’d have lunch with and that he admires him so much but I can see how that turned out 😀 at he least he got it

[@jakedangler612]

looooooooooooooooooool

[@NickUhas]

Literally my favorite episode!

[@UpFlip]

That's awesome! Thank you for watching! ☺️

[@AaronAmuchastegui]

This was so much fun hanging out with Paul and his crew

[@grabthemappodcast]

I appreciated the honesty in your discussion about work-life balance, especially as an entrepreneur. It's refreshing to hear someone acknowledge the challenges and share their strategies.

[@jaykua6193]

This is a great episode and all, but this guy is the reason why the housing market is as screwed as it is. He's contributing to the big problem across the country.

[@UpFlip]

Thank you for sharing your thoughts! Appreciate you tuning in! 🙏

[@heinaye3594]

I understand where you're coming from but without profit incentive, why would anyone fix up a distressed property? We would just end up with a bunch of rundown, abandoned homes.

[@jaykua6193]

@@heinaye3594 The exact problem is in your statement- real estate being seen as a wealth vehicle for profit, which is directly contributing to the housing issues we face today. No one should be fixing a home up for the reason of profit incentive, it should be because the upgrades are being used to house an individual. Capitalism says otherwise, so it is what it is.

[@heinaye3594]

@@jaykua6193 I see. Why don't you practice what you preach then and start building and fixing up homes for other people to live in for free? Or are you all talk?

[@jaykua6193]

@@heinaye3594 Who said anything about fixing up homes for people to live for free? Why you came to that conclusion is your problem buddy.

[@JamesMFInvest]

Aaron’s story is a reminder that the best investors don’t just survive downturns; they innovate and thrive. This interview is a goldmine for anyone looking to elevate their game in real estate-whether you're just starting or looking to level up.

[@UpFlip]

Thanks for highlighting that! ✨

[@bblandscapingservicesinc]

Awesome video like always! Side note…as a business owner I disagree with his comment about being Leary of a contractor wanting 50% down. That’s how we operate to keep above water. No reason to be the customers bank!

[@geraldlofton]

You need to have the CASH to operate a business otherwise down be in business, because if u run off now I got to go do something to you to get my MONEY 💰 why play games (I know I’m in south Florida where all the games are played, Do NOT give any contractor 50%down period

[@kwannp6141]

Only a fool would pay any contractor 50% upfront! What that tells me if you need that much upfront is you suck at managing your money, probably not earning enough work to make money/profits, probably delivering horrible results! Why in the world should you be trusted? This is business not a friendship!!

[@DrMidnight-oz1rk]

​@@kwannp6141I give contractors 50% to start and get out first in line and get finished fast. You get a receipt for the 50, then pay the others 50 when it's done

[@shawnl3151]

100% of scammer contractors ask for cash advances. It’s called working capital. Any other business you don’t pre pay. Get your car worked on they don’t ask for half up front. If you’re properly licensed you can lien the house. Worst case set up credit card processing and take the deposit there so all parties are protected and no can’t be charged back if you document your work.

[@shawnl3151]

What you actually mean is you want the customer to be your bank and provide your working capital. No other business asks to be paid half before they even start

[@Zukaarimoto]

I need to binge watch a lot of these.

[@UpFlip]

Please feel free to browse through our videos for more inspiration and value. ☺️

[@GabeItchess]

fr i was tryna gain more knowledge on every business and their mindset

[@Auroradreams10]

In sha Allah one day I will

[@UpFlip]

There's no doubt about it! 🙏

[@farmerjeffmays9858]

Always Valuable Content 💰

[@SamiraWelchREI]

Appreciate the share, it’s fantastic!

[@KEN_DOES_IT]

This was an incredible interview man! Great Job

[@ryancope7841]

I want everyone to know you can not make money in real estate with $0

[@YeahhJaybee]

U didnt pay attention at all

[@billjohnsonpgc]

I’ve been in real estate for 20 years. You are absolutely correct. Anyone who says otherwise is probably the ones living at home who haven’t done a single deal but love to watch KZbin videos.

[@mikepersley5498]

I have 100% made money in real estate with 0 money. If you want it, you’ll offer value & make it happen. Point blank

[@GregRentschler]

Not true - I fund some deals where the guy doesn't put a dime into the deal.

[@navruz.siddikov]

So how much you should have to start?

[@NokthulaMadondo]

Paul is in his element in this video, you can tell. ❤

[@AaronAmuchastegui]

He was great. I had so much fun hanging out with him

[@UpFlip]

Paul is grateful for your kind words! You rock! 💪

[@SergDaKilla]

I have a new granite company and do not have money to pay my bills and business for now . if I take a deposit let’s say 30% and get a signed contract with client doesn’t that make sense I won’t run away?

[@UpFlip]

You're right. Taking a deposit from your clients can be a good way to secure their commitment, cover your upfront costs, and protect yourself from cancellations or non-payments. It can sustain your business.

[@shawnl3151]

What happens if you end up going out of business and all your customers who pre paid you end up getting burned. If you get hurt or sick you spend their deposit on your rent and medical expenses then next thing you know you can’t afford to finish the job so you rob Peter to pay Paul and get further and further behind. You need working capital to run a business. You can also take credit cards for deposits so if you fail they can charge back

[@olir6910]

When the sell courses big red flag

[@EngineerDJ_Julius]

Kansas City is most def going to experience a market boom

[@UpFlip]

Maybe you’re right. Do you work in real estate too?

[@dmitch7857]

I do and I work in that market

[@TaskSwitcherify]

Very sad video. People are losing homes because foreclosure is such a "simple" process. He is buying houses, raising the prices, and reselling them. Overall home prices go up and houses become less and less affordable.

[@shirelylinero]

Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.

[@kevinvictor-s2w]

People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.

[@doran-f6w]

Uncertainty... it took me 5 years to stop trying to predict what bout to happen in market based on charts studying, cause you never know. not having a mentor cost me 5 years of pain I learn to go we’re the market is wanting to go and keep it simple with discipline.

[@doran-f6w]

“Angela Lynn Schilling’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@RillaRoneOfficial]

So who is knowledgeable in this field and is trying to partner up and teach someone that is interested in helping you expand, if so then I am interested

[@UpFlip]

Best if you make a quick search round your area or find someone you know! Connect with them! 🙌

[@GodlySin]

I am if your interested in starting up Real Estate Let me know

[@amjads8971]

Basically he found the loophole and no one can buy that many foreclosure houses like that. He definitely did something sketchy there

[@downey416Toronto]

great content

[@UpFlip]

Thank you! Any business you want to see next? 🤔

[@downey416Toronto]

tbh I love all the random bussinesses you guys do! keep the content coming all the best @@UpFlip 🔥🔥🔥

[@djstiltz3117]

I have someone I would love for yall to meet. How would I get in touch with you

[@UpFlip]

We'd love to know more about him! Reach us at [e-mail]

[@geraldlofton]

Show the 225M since u lead with this number!!! Show the Math otherwise is a LIED

[@shahzeenkhan2216]

I will be doing this😊

[@UpFlip]

Awesome! Are you new to real estate, or do you already have some experience under your belt?

[@Purefocussolutions]

Letss gooo great stuff 👏🔥

[@UpFlip]

Let's goooo! 🔥

[@johnnyb33good21]

What was this guy in prison for?

[@kevins5268]

Probably find out when he goes back for same thing lol

[@DrMidnight-oz1rk]

We don't have to believe he was in prison, or anything else he said.

[@brycebreezy7706]

8:52-9:27 If its true that he'd went to prison, I think this is probably why. 😂 Maybe not exactly this, but something to that effect.

[@penda.n]

LOVE THIS FIRST COMMENT

[@UpFlip]

We appreciate you tuning in! Thank you! ☺️

[@bgmiminecraftwala4897]

Mahadev mere sath ho toh kuch bhi ho sakta hai ❤

[@UpFlip]

🙏

[@GabeItchess]

i want real estate for cheap , innit it

[@docitelastbine]

12:04

[@UpFlip]

The comment was not about death, but about the person he’d love to have lunch with, who happened to be deceased. 😅

[@NokthulaMadondo]

😂 Paul asked Aaron who would he like to meet, dead or alive Aaron then said, his grandpa who died before he was born. Paul then responded with, that's awesome. Which indeed it is as Aaron is talking about the person he admires.

[@docitelastbine]

@@UpFlip Overall Wonderful interview & with such a touching story, keep it UpFlip 🧡

[@kareemlayne9258]

Alex Hormozi

[@UpFlip]

Great guy!

[@joilsongomes5]

I want to become a millionaire but instead it seems I m digging a hole in the beach. It's so frustrating.

[@UpFlip]

Can you let us know what you do to make it happen? Are you currently pursuing your passion?

[@Wheelztotheworld]

❤

[@UpFlip]

We hope you enjoyed the video - thank you for watching! ☺️