How to Build a Local Homebuying Company with Aaron Bihl
In this episode of Zen and the Art of Real Estate Investing, Jonathan talks with San Antonio investor Aaron Bihl about the pivotal role of reputation in real estate, especially within a local market. Aaron, a seasoned home flipper and co-owner of Murphy Home Buyers in San Antonio, entered the real estate business in 2018 after working in the oil and gas industry.
Aaron offers insights into how maintaining a solid reputation has been a linchpin in the success of his business, allowing him to acquire around ten homes per month consistently. He also explains what initially drew him to real estate and his decision to hire a coach when entering the investing arena. Jonathan asks Aaron to discuss his preference for mobile home flips and why sellers opt for Murphy Home Buyers over real estate agents. Their conversation extends to Aaron's marketing strategy, authenticity in a business, and the impact of the current market conditions on his business.
Jonathan and Aaron explore the following:
Aaron recommends joining a coaching program or mastermind if you want to learn quickly and avoid the mistakes someone else made before you. In a sense, you’re paying to not pay for all of those mistakes on your own.
Sellers are looking for convenience when they come to Aaron to sell their homes. Aaron may not offer the highest price, but with his trustworthy reputation as a homebuyer, they know the sale will close.
Aaron has worked hard to develop an omnipresent, evergreen presence in the San Antonio market. He wants to be at the forefront of a seller’s mind when they decide to sell without a real estate agent involved.
The quickly changing real estate market requires some creative shifts in operating as a homebuyer in the San Antonio market.
Aaron Bihl is known as the go-to homebuyer in his home market. To learn how he did it, tune in to this episode of Zen and the Art of Real Estate Investing.
If you want to learn more about Zen and the Art of Real Estate Investing Podcast, check out http://www.trustgreene.com/podcast/zen/097.