Notas del episodio
During this episode, Nadia sits down with Damarko to get real about the messy realities of real estate investing and reveals how he went from passing his Licensing exam on the first try to competing in Wayne County tax foreclosure auctions. Damarko also opens up about the hidden complexities of auction properties, short-term hard money loans, and navigating major risks like squatters and vacant homes when starting with limited capital in Detroit.
This conversation is a reality check for anyone who thinks real estate is as easy as the licensing classes make it sound. Wherever you are in your entrepreneurial journey, whether you are trying to land your very first deal or figuring out how to build a business without a huge budget, know that the best opportunities often come from testing ideas, pivoting, and trying again (just make sure you know exactly what you are getting into before bidding on an unseen house!)
Since this episode was recorded, Damarko has continued to build out his vision, taking those hard-earned lessons from the field and applying them to his other business ventures like Paintball Warfare, Kyoji Kars, and his family holding company, Affiliated Kin Group. You can follow him on instagram @Dwardrealestate.
Email: systemsbynadia@gmail.com
Instagram: @nadiacshelton