Selling Everything to Start your Business
Danny Randazzo joins us to discuss his strategies behind buying commercial real estate. He also shares with us 3 key tips to success:
- Have passion and a burning desire
- Know your financials
- Have gratitude
Danny and his wife sold everything they owned in the summer of 2016 and relocated to Charleston, South Carolina to build a real estate portfolio. Randazzo Capital made its first investment purchase in the winter of 2016, buying 2 commercial buildings for $1,000,000. Since then, Randazzo Capital has utilized strong investor and lender relationships to purchase another $1,000,000 commercial building, a short sale renovation project, a 4 unit residential rental, a 2 unit residential rental, and 2 beachfront foreclosures. The company controls over $8,000,000 in commercial and residential real estate.
