Real Estate Investor Magazine August 2024 edition | Page 24

MASTER INVESTOR
Walker ’ s early fascination with Monopoly evolved into a real-world career in property investment . The success of his first property deal , coupled with insights from Robert Kiyosaki ’ s “ Rich Dad Poor Dad ,” fuelled his ambition .
Despite facing setbacks , such as a disappointing land deal in South Broom , Walker learned the importance of due diligence and self-education . His first UK deal , a BRRR ( Buy , Renovate , Rent , Refinance ) project on James Street in Grimsby , solidified his approach and set the stage for future successes .
The 2008 financial crash tested Walker ’ s resilience but also provided valuable lessons in recognizing opportunities amidst challenges . He views setbacks as learning experiences and emphasizes the importance of strategic partnerships in business . His motto , “ In business , date before you marry ,” reflects his belief in thorough evaluation before committing to business relationships .

Q & A

WITH ANDREW
1 . What are the most important factors when evaluating a deal ?
• Running the numbers
• Area research
• Exit strategies
• Gut feeling

24 REI MAGAZINE AUGUST