#219 - From Flipper to Rental Investor to Lender - Derek Dombeck

Joining us on today's Living Off Rentals episode is someone who has been in the real estate world since 2003. He is a successful real estate investor involved in thousands of transactions, from rentals to flips to lending. Derek Dombeck is also a speaker and a best-selling author who is passionate about teaching and mentoring people to help them improve their financial situations through real estate investing. He has a podcast called Generations of Wealth Podcast, where he seeks to help listners "Nurture prosperity over time." Listen and enjoy the show! Key Takeaways: [00:00] Introducing Derek Dombeck and his background [05:17] How Derek started his real estate investing journey [11:28] How does a typical deal look like? [14:33] Most people pay too much for their deals [17:33] A good candidate for a loan [20:40] The market shifts [25:00] Facilitating deals than just buying/owning real estate  [34:40] The attitude of not quitting [37:51] The mindset shift [39:46] Connect with Derek Dombeck Guest Links: Website: https://thegenerationsofwealth.com/  Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals