Bruce Wuollet is the Founder, Visionary, and current owner of Bakerson. He has a proven track record of success throughout Bakerson’s nearly 18 years in business, with thousands of individual units bought, repositioned, and sold.
[00:01] – [07:22] Opening Segment
- Let’s get to know Bruce Wuollet
- Bruce talks about his background
- The History of Bakerson
- Getting into wholesaling
- Faltering and starting over
- Buy, Fix, and Sell
- Goals for 2021
[07:23] – [19:21] Key Steps To Take to Reposition Undesirable assets
- Bruce talks about the idea for Buy, Fix, and Sell
- Redefining Value-add
- Determining their niche in the real estate space
- Repositioning and removing problems to remove the problem makers
- Strategies to turn around undesirable assets
- Have a vision and build a team around that vision
- Things to do after purchasing class C assets
- Audit the leases
- Secure the units to make sure they look decent
- Meet minimum requirements for crime-free multi-housing
- Crime-free rating benefits to properties
- Effect of 2020 to these asset classes
[19:22] – [20:56] Closing Segment
- Bruce’s advice to aspiring investors
- Listen to those that have gone before
- How Bruce stays on top of his game
- His way to make the world a better place
- How to reach out to Bruce – links below
- Final words
Tweetable Quotes:
“If you take care of the problems, the problem makers, the trouble makers will leave.” – Bruce Wuollet
“Anybody who’s been in real estate a long time learns from the battle scars.” – Bruce Wuollet
“Listen to those that have gone before.” – Bruce Wuollet
Resources Mentioned:
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Connect with Bruce send him an email at bruce@bakerson.com or call him 520-808-9111
Connect with me:
I love helping others place money outside of traditional investments that both diversify strategy and provide solid predictable returns.
Call: 901-500-6191
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Email me --> sam@brickeninvestmentgroup.com
