In this episode of Not Just A Transaction, hosts Nick Prefontaine and Zachary Beach speak with Dan Breslin of Diamond Equity Investments. He explains how he helps clean up neighborhoods by flipping outdated houses. He also shares how families can close the chapter without altering their memories by selling directly to an investor.
Glossary of Special Terms Used in this Episode:
- Flipping – When a real estate investor purchases a distressed property or a home in need of repairs or renovation, makes the needed changes, then resells the property at a markup.
What you’ll learn about in this episode:
- How Dan was able to start a career flipping houses after jail
- Why some people would rather forego making more profit and sell their home as-is
- How it is often simpler to sell to an investor than with a realtor
- Why the key to flipping houses is the fast and convenient sale
- How Diamond Equity Investments helps sellers close deals within hours or a few weeks
- Website: https://diamondequity.com
- Pre Property Solutions website: https://www.prepropertysolutions.com/
- Contact Us: https://www.prepropertysolutions.com/contact/
Dan Breslin’s Bio:
Dan Breslin is the current host of the REI Diamonds Podcast. He is the Founder and President of Diamond Equity Investments, a quick flip investing company with yearly revenues of over $3 million currently operating in Chicago, Philadelphia, Atlanta, Tampa, and Miami. Since founding the company in 2006, he has closed hundreds of deals, all of those deals off-market except one, and that one was a bad deal. The one deal that he used an agent, he lost money on. These days, he does between anywhere from 25 and 50 deals, dealing directly with the seller every single month.
In 2003, Nick Prefontaine was in a snowboarding accident that left him in a coma for over 3 weeks. The doctors told his parents that he probably wouldn’t walk, talk, or eat on his own again. Less than 3 months later, he was running out of Franciscan Children’s hospital. Now Nick speaks to groups that benefit from his message of overcoming adversity.
Nick grew up in the real estate industry and got started at an early age. Most notably, he was knocking on Pre-Foreclosure doors at 16, doing up to 50 doors a day. This experience helped shape Nick’s real estate career. When someone opens the door you better have something compelling to say.
Now, Nick specializes in working with lease purchase buyers to get them into a home and on the path to home ownership. That includes working with them throughout the entire deal which ends in them being able to get their own loan. Getting buyers to the finish line is something Nick and the entire Pre Property Solutions team take pride in. That is something that separates them from their competition. Regardless of a buyer’s credit situation, he looks at their complete financial picture and comes up with a plan to get them into a home.
Zachary is an Amazon Best-Selling Author of The New Rules of Real Estate Investing and revised edition of Real Estate On Your Terms. He has been an authority in real estate for 7 years now and has personally completed hundreds of real estate transactions and has mentored investors to complete thousands of transactions.
At the age of 25, Zachary decided to leave the world of bartending and personally training and jump into the family business. Now he is an equal partner and runs the acquisitions department, focusing on helping sellers accomplish their goal of selling their property.
If Zachary is not working, you will find enjoying the outdoors or spending time with his wife Kayla and two kids Remi and Bellamy. His passion for family and business is what keeps him motivated and excited to take on each day.