Auburn Investment Properties Podcast with Chris Kearns

In this episode, I'm going to catch you up on a few things that we covered in previous episodes: The Rossmere flip condoTaxes and accounting, and what I've learned the hard wayRental trends and how more turnovers can actually make you moneySales price trends, and what to expect thereChanges we are seeing in local purchase contracts and the buying process in generalI had a slow week on the sales side and I can't work on my next turnover until next week, so I decided to get back in the pod...

In this Episode, I'm going to take you back to a diner on Beale Street in Memphis, on a lonely night more than 15 years ago. I felt like I was drifting a little, and needed some wisdom in my life about dealing with success, not feeling needed, and being kind of depressed about it. Around that time, I started reading classic books and plays to keep my mind active, and this particular night I sat down to read The Glass Menagerie, not even knowing what a Menagerie was, or why the pla...

In this Episode, I'll talk about the genius and the beauty of a coming up with a 5 Year Plan. They say that people often OVERestimate what they can do in 1 year, but UNDERestimate what they can do in 5 years, so I want to encourage you to look at where you are now and give yourself some goals and direction by looking 5 years out into the future.I'll tell you how my first 5 Year Plan helped me get out of the apartment business and reshape my life, and how my dog Bodie, helped me realize ...

In this Episode, you'll hear the second of two parts of an interview I did with my long-time Real Estate Attorney, Russell Balch of the law firm Akridge & Balch in Auburn. Besides being my attorney, Russell has also been my office landlord for a few years too. I met Russell through my first post-college employer (Fred & Miles of the Charter Companies) in the late 1990's, and when I started my mobile home sales business way back in 2000, Russell was my guy! Eventually...

In this Episode, you'll hear the first of two parts of an interview I did with my long-time Real Estate Attorney, Russell Balch of the law firm Akridge & Balch in Auburn. Besides being my attorney, Russell has also been my office landlord for a few years too. I met Russell through my first post-college employer (Fred & Miles of the Charter Companies) in the late 1990's, and when I started my mobile home sales business way back in 2000, Russell was my guy! Eventually,...

In this Episode, I'll talk with Auburn Mayor Ron Anders about a variety of topics and a "State of Auburn" recap at this interesting and challenging time in Auburn's history. We'll tall about how his family got started in the school book business, and what's on the horizon for that location, as well a ton of other interesting topics. We talked about the smashing success of the "pop up" Covid vaccine clinic across from the mall, the impact Covid has had on local small businesses, th...

In this Episode, you'll hear the second of of two interviews with Jim Andrews, who publishes the Auburn Apartment Guide and the Tuscaloosa Apartment Guide. Jim got started as a Property Manager, did a little teaching on the subject at the college level, and has been in the multifamily business in one way or another ever since. He is also involved in the financing side of the multifamily business and an investor in properties and projects himself.The framework of the 2 episode seri...

In this Episode, you'll hear the first of two interviews with Jim Andrews, who publishes the Auburn Apartment Guide and the Tuscaloosa Apartment Guide. Jim got started as a Property Manager, did a little teaching on the subject at the college level, and he has been in the apartment business in one way or another ever since. He is also involved in the financing side of the multifamily business and an investor in properties and projects himself.The framework of the 2 episode series ...

In this Episode, I'll share 9 or 10 of the Real Estate books that I would recommend to someone no matter which stage they are in as an investor. Some are inspirational, some are more about urban economics, the history of cities, or even how to prioritize your work when you are feeling overwhelmed. I often say that our actions follow our philosophy, or in other words, we do what makes sense to us. If that is true, then it's helpful to see the bigger picture and understand the...