This episode is a little different. We don’t have a guest this time. Dan is planning a wedding and Troy was out of town for a wedding, so we’re going solo. We actually plan to do this from time to time. We have an incredible pool of guests to choose from , but small business owners are busy, so there will be schedule conflicts from time to time. We also don’t want to schedule too many guests sequentially that do similar stuff in our industry. So, in this episode, Troy and Dan discuss a 5 unit portfolio of single family homes they’re in the process of purchasing. They current surpass the 1% rule and have a lot of room to improve. This is the type of deal that’s not too terribly hard to find right now (as opposed to small apartments) and there are a lot of financing options for properties like this. All 5 units have been occupied, but require a little tweaking. Fortunately, we were able to leverage the seller to improve the performance of these properties before we even take possession. I think most of our intermediate investors will get a few nuggets from this one!
In Episode 5, we talk to Parker LeClaire about getting started with real estate investing. Parker is a Realtor with TruHome Real Estate. Parker has become a very productive Realtor at a very young age. He comes from a family of investors and agents and is now ready to invest in real estate on his own. He’s had a great experience with a recent AirBNB deal, which we discuss and then talk about his plans for the future.
In Episode 3, we talk to Rubi Tinoco of MegaFox properties. Rubi is an investor whose primary focus is flips, but she also wholesales frequently and purchases buy and hold properties. Rubi has a construction background, which led her to flipping mobile homes until she had the capital to transition to single families. She consistently has great success with her rehabs and usually has a handful going at any time in various stages of the buy to sell cycle. To find out more about Rubi, please visit www.megafoxproperties.com.