Real Estate Community Network Podcast
You want to keep up with industry trends, developments, and innovations, but finding reliable, up-to-date, and comprehensive sources on your own can be a difficult task. The solution? Turn to the Real Estate Community Network.By participating in the RECN, you automatically expand your network and circle of contacts. As a result, it becomes exponentially easier to find niche services, share information, resources and the ability to find your next investment property and great discounts.The last time you were stuck on a problem, did you fix it all on your own? Or did you call up a trusted friend, ask a peer for some advice, or simply take a walk on a busy street to get your creative juices flowing?Perhaps the greatest value in communities comes from the fact that when members engage with each other, they can find unlimited inspiration. Through active discussions, community members learn from each others’ mistakes, get motivated by their victories, and give and receive much-needed support. Not to mention, the collaborations that come to fruition thanks to community engagement can yield fresh, exciting innovations that simply can’t be achieved solo. Join our Facebook group @ Real Estate Community Network PA
Real Estate Community Network Podcast
Revitalizing Real Estate: Mike Bazzadona's Visionary Approach
Unlock the secrets to revitalizing neighborhoods and transforming real estate with visionary Mike Bazzadona. Discover how Mike turns overlooked, distressed properties into thriving community assets through his strategic work with Bazzadona Group LLC. Learn the nuanced strategies he uses, from the classic fix-and-flip approach to the long-term benefits of holding properties for rental income. Mike doesn’t just see what others see; he perceives the hidden potential and value beneath the surface, proving that diversification is indeed the key to a resilient real estate portfolio.
And that's not all! We explore the innovation and efficiency of modular construction with Mike's venture, Northeast Modular Homes. Imagine building homes as quickly and precisely as assembling a Lego masterpiece. This isn't your typical cookie-cutter approach; these modular homes are customizable, sustainable, and eco-friendly, setting new standards in the industry. Tune in to find out how modular construction is addressing the challenges of rising costs and labor shortages while championing environmentally friendly practices. Join us to hear how Mike Bazzadona is pushing the boundaries of what's possible in real estate today.
https://www.bazadonagroup.com
https://www.northeastmodularhomes.com
Welcome to the Real Estate Community Network podcast. Do you want to keep up with industry trends, developments and innovations? But finding reliable, up-to-date and comprehensive sources on your own can be a difficult task. The solution Turn to the Real Estate Community Network. By participating in the RECN, you automatically expand your network and circle of contacts. As a result, it becomes exponentially easier to find niche services, share information, resources and the ability to find your next great investment property. The RECN includes everything related to finding, fixing and selling all types of real estate property, including single family houses, multi-unit apartment buildings and commercial property. You will find the latest blog posts, discussion forums and sponsors to help you find more real estate deals, calculate property values, estimate repairs, rehab houses, educational services, mentorships and much more. Now to the podcast.
Speaker 2:Okay, folks, get ready to dive deep. Today we're talking about real estate, but with a twist, we're going beyond just the buying and selling. We're going to look at someone who's totally transforming properties and be building a whole community around it.
Speaker 3:Sounds interesting.
Speaker 2:Yeah. So today we're going to deep dive into the world of Mike Bazzadona.
Speaker 3:Mike Bazzadona, you had it right.
Speaker 2:We've got excerpts about him and his companies. His whole approach to real estate is fascinating. We'll try to figure out what makes him tick.
Speaker 3:Okay, so what stands out to you the most about Mike Bazzadona and his approach?
Speaker 2:So, like right away, I was struck by how this guy seems to find potential, potential where others just don't even bother looking. You know.
Speaker 3:Like they just walk right by.
Speaker 2:Exactly Like. Take his company Bazzadona Group LLC.
Speaker 3:Okay, bazzadona Group LLC.
Speaker 2:They love these distressed properties.
Speaker 3:Distressed properties. That sounds like a.
Speaker 2:I know right, A real pain.
Speaker 3:Yeah, like a headache just waiting to happen.
Speaker 2:But he sees them as a huge opportunity, not just to not just to make a profit, but to actually revitalize neighborhoods Interesting. So I was reading about that and it got me thinking can't just be about slapping on some paint and calling it a day. There's got to be more to it. So what's the real strategy when it comes to these distressed properties?
Speaker 3:Yeah, you're totally right. There is more to it. It's about understanding the potential value hidden beneath the surface. So sometimes they'll go for that classic fix and flip.
Speaker 2:Oh, yeah, the fix and flip.
Speaker 3:Yeah, you know, renovate it quickly and then, bam, sell it for a profit.
Speaker 2:Get that money.
Speaker 3:Exactly, but sometimes they hold on to the property. Oh they rent it out. You know it's a longer term play, but it creates steady income and you build equity over time. I see it's a smart move.
Speaker 2:That's really interesting because you know, when I was starting out in real estate, yeah, I was all about that quick flip, the quick buck. Exactly, but I quickly learned that you got to diversify.
Speaker 3:Absolutely. Diversification is key in any investment strategy.
Speaker 2:Okay, so, speaking of thinking outside the box, investment strategy Okay, so, speaking of thinking outside the box, mike's work with Northeast Modular Homes really caught my eye. What are your thoughts on this whole modular construction thing?
Speaker 3:Modular homes are having a moment right now.
Speaker 2:It seems like it.
Speaker 3:It's pretty cool. They build everything in sections offsite, then ship it and assemble it like giant Legos. Like giant Legos, you got it. It might sound strange, but it's incredibly efficient and cost effective. Plus, you can actually customize them a lot, from simple ranches to like multi-story mansions.
Speaker 2:See, that's what surprised me. I always had this picture of modular homes being like those cookie cutter mobile homes. Yeah.
Speaker 3:I get that.
Speaker 2:But reading about Mike's company it's clear they offer personalization.
Speaker 3:Oh, absolutely.
Speaker 2:Like it rivals traditional construction methods.
Speaker 3:For sure, and it's a total game changer, given all the rising costs in construction and the labor shortage.
Speaker 2:Totally. It seems so much more sustainable too.
Speaker 3:Yeah, you hit the nail on the head. Modular construction is often way more environmentally friendly.
Speaker 2:Which is awesome.
Speaker 3:Definitely aligns with your interest in eco-friendly practices.
Speaker 2:OK, so we've got these two successful companies.
Speaker 3:Right.
Speaker 2:But then he takes it up a notch with the Real Estate Community Network. What's the deal with that?
Speaker 3:It's brilliant. He created this whole network for real estate people to connect. Oh cool. Yeah, it's all about collaboration. He does in-person meetups and even a weekly podcast.
Speaker 2:Weekly podcast.
Speaker 3:Yeah, real estate professionals can network, share strategies, learn from each other.
Speaker 2:Wow, that's so valuable. It is especially for someone like you who's always looking to learn and grow their network. Seriously Think about the knowledge you could gain from all those seasoned pros Exactly, or the deals you could find through those connections.
Speaker 3:It's like a secret weapon.
Speaker 2:But hold on, we can't wrap up without talking about this wholesaling thing. I'm super curious about that.
Speaker 3:Ah, yes, wholesaling. It's basically connecting people who want to sell their properties quickly with investors who are looking for deals.
Speaker 2:I see.
Speaker 3:Mike will get a property under contract and then find an investor to buy it, often at a lower price. That sounds risky it can be. You need to know the market really well and be able to spot those diamonds in the rough.
Speaker 2:It's got to be a win-win for the seller A and D the investor.
Speaker 3:A hundred percent. There are definitely risks and it's not some get rich quick scheme Right. But for someone with Mike's experience and network it can be a pretty lucrative way to handle real estate transactions.
Speaker 2:So, to sum it all up, we have a guy who's not just flipping houses, right, he's reviving neighborhoods, embracing modular construction.
Speaker 3:It's amazing.
Speaker 2:Building a whole community of real estate people and on top of all that, he's navigating this complex world of wholesaling.
Speaker 3:It makes you wonder what he'll do next.
Speaker 2:What's next for Mike Bazzadona? I don't know.
Speaker 3:Yeah.
Speaker 2:But it's amazing how he sees opportunities where others only see roadblocks.
Speaker 3:That's the key takeaway for me. He doesn't just focus on profit. He's creating value for himself, his community and the whole industry.
Speaker 2:It's inspiring. If you want to learn more about Mike Bazzadona and his companies, check out the links in the show notes. Who knows, maybe you'll be inspired to forge your own path in the world of real estate.
Speaker 3:There you go. It's a constantly changing world full of opportunities.
Speaker 2:Exactly. Thanks for tuning in to our deep dive.
Speaker 3:See you next time.
Speaker 2:See ya.