In this interview, Karl Spielvogel shares his journey in distressed real estate, starting from owning Subway franchises to specializing in tax delinquent properties and resolving complex ownership issues. He emphasizes the importance of curiosity, networking, and a problem-solving approach, detailing strategies for dealing with multiple heirs, judgments, and zoning challenges. Karl also discusses the significance of mindset, continuous learning, and the value of joint ventures, offering advice for newcomers to the field and highlighting the potential for profitable deals by focusing on value adds and solving unique problems.
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