How a Pittsburgh Investor Buys Distressed Homes and Closes in Days
Send us Fan Mail [https://www.buzzsprout.com/2445511/fan_mail/new]
Most people drive past a problem property and see junk. Rashad Davison sees a win for everyone at the table. 🏠
In this episode of the Outwork'em Podcast, host Ryan Kearney sits down with Rashad Davison of Fast Close Pittsburgh and Power Equity Partners. Rashad has closed over 100 real estate deals in one of the oldest, grittiest housing markets in the country, and he breaks down exactly how he finds off-market and distressed properties, solves real problems for sellers, and closes in as little as 7 to 14 days.
You'll hear the full story behind 700 Summerlee, a hoarder house he bought at a sheriff's sale and turned into the highest-selling home in the neighborhood. You'll also hear 415 Serpentine, where a seller who expected to walk away with $5,000 left with around $40,000, the most money she'd ever had. And he doesn't dodge the deals that went sideways, like 707 Clark, where a missed sewer camera turned a $50k deal into a $15k lesson.
Whether you're a real estate investor, a homeowner stuck in a tough spot, or a home service business owner trying to outwork your own market, Rashad's approach to systems, discipline, and treating people like humans will stick with you. 🔑
A few things you'll take away:
🎯 How the off-market acquisition model actually works and why sellers come to him instead of listing
💡 Why a fast, as-is, all-cash close beats a higher offer with inspections
🔨 What 100+ deals taught him about reading old Pittsburgh housing stock
📈 The three types of money (fast, medium, slow) and how he balances flips, wholesale, and rentals
Rashad's businesses:
🌐 Fast Close Pittsburgh: https://fastclosepittsburgh.com/ [https://fastclosepittsburgh.com/]
📲 Rashad on Instagram: https://www.instagram.com/rashad_davison_/ [https://www.instagram.com/rashad_davison_/]
💼 Rashad on LinkedIn: https://www.linkedin.com/in/rashaddavison/ [https://www.linkedin.com/in/rashaddavison/]
About Outwork'em Digital:
We help HVAC and home service contractors get more leads, more booked jobs, and a better return on their marketing. We also platform home service business owners on this show to share their story and reach the people they're built to serve.
🌐 https://outworkemdigital.com/ [https://outworkemdigital.com/]
🎙️ Want to be a guest on the Outwork'em Podcast? Apply here: https://api.leadconnectorhq.com/widget/bookings/book-outworkem-podcast [https://api.leadconnectorhq.com/widget/bookings/book-outworkem-podcast]
📞 Need help with your marketing? Book a discovery call: https://outworkemdigital.com/schedule/ [https://outworkemdigital.com/schedule/]
Follow @outworkem.digital
Follow @ryankearneyofficial
Follow @janakearney
Follow @rashad_davison_
Time Stamps
00:00 A six-inch root and a sewer line nightmare
00:43 Welcome to the Outwork'em Podcast: meet Rashad Davison
02:16 How he stumbled into real estate
05:07 His first deal and the power of one good door
06:34 Why Pittsburgh: grit and the oldest housing stock
11:23 Power Equity Partners vs Fast Close Pittsburgh
14:36 Learning construction from the ground up
17:36 The off-market model: why sellers really sell
19:29 Why closing in 7 to 14 days matters
22:04 What buying a house "as is" actually means
24:03 100+ deals and the wildest properties he's seen
27:53 Deal breakdown: 700 Summerlee, sheriff's sale to record sale
34:42 The most common situations he can solve
38:53 An investor's responsibility to the seller
41:24 415 Serpentine: she expected $5k and walked with $40k
44:17 Controlled chaos: what his week looks like
45:21 His biggest early mistake: overanalyzing comps
47:05 707 Clark: the deal that went sideways
51:16 What "Outwork'em" really means (the Bruce Lee mindset)
53:00 The future: multifamily, building, and freedom
57:04 Advice for anyone starting in real estate
58:57 Closing thoughts and the Fast Close Pittsburgh collaboration
Kommentarer
0Vær den første til at kommentere
Tilmeld dig nu og bliv en del af OutWork'em Podcast-fællesskabet!