Expanding and Diversifying Investment Opportunities with Todd Pigott

Jonathan’s guest on this episode of Zen and the Art of Real Estate Investing, Todd Pigott, the ZINC company principal and managing member, shares his path to success. Consisting of ZINC Financial, ZINC Income Fund, ZINC Auto Finance, and ZINC Realty, ZINC Realty is one of California’s largest home rehabbers.

From launching a facilities maintenance company during college as a means of survival to transitioning into real estate and establishing the ZINC companies, Todd's story exemplifies resilience and adaptability. With observations on borrower profiles, market trends, and investment guarantees, Todd shares his experience with investors looking for success in real estate. From market analysis to staunch rental standards, Jonathan and Todd explore strategies and tools, including Google Street View and Government Services Administration data, to evaluate properties and markets effectively. They also underscore why the data indicates that a housing crash is not on the immediate horizon.

 

Jonathan and Todd go into further detail on the following topics:

  • “Balloons and confetti” syndrome can widen new investors’ eyes, but the reality is real estate is a difficult business where you have to know what you’re doing. Todd’s job often means bursting their balloons to give them the harsh reality of the costs and hassles associated with flipping.

  • Extremely inexpensive markets aren’t usually a good buy because the value add can be difficult to recoup if demand in the area is low.

  • Todd Pigott’s two-minute rule with new investments means he often implements tools such as Google Street View and Google Earth to evaluate a potential investment property.

  • Based on current data, no housing crash is on the horizon, and we’re entering a new normal for interest rates and prices.

 

Real estate investing can be a tough business, but experts like Todd Pigott offer a helping hand to new investors who need guidance and assurance as they begin their journeys.

If you want to learn more about Zen and the Art of Real Estate Investing Podcast, check out http://www.trustgreene.com/podcast/zen/123 .

Real Estate InvestingJonathan GreeneComment