Ashley Romiti is the president of GCA 1031, based in Southern California. For nearly 15 years she has helped real estate investors heading into retirement use 1031 exchanges to defer capital gains taxes when they sell and decide where to reinvest. As a DST (Delaware Statutory Trust) broker, she vets sponsors, deals and trust structures for accredited investors who want to step back from day-to-day management and receive projected monthly income.

Ron shares his turning point and the biggest mistakes new investors should avoid. He and Adel cover low overhead and when to quit your job. Plus, hear a student’s success story from both sides of the business.

Ron explains how to find motivated sellers using stacked lists in DREAMS, free YouTube videos, and Facebook Marketplace. He and Adel also break down what makes a seller a “golden goose,” when to walk away, and why your first check could come sooner than you think.

Ron explains why you don’t need money or credit to invest, how he’d start over knowing what he knows now, and the difference between the “pretty house” and “ugly house” businesses. The two also role-play a live seller call, showing the three screening questions Ron uses before he agrees to go see a house.