REI Central Podcast

Episode 24 is exciting! Mick and Janet Kuehn of Southern Breezes Real Estate and KTI Financial join us to discuss investing in real estate notes. Notes investing has been around for a long time, but it is an underserved investing strategy in my opinion. Investing in note is an incredibly powerful way to build wealth while reducing most or all of the headaches landlords experience with rental properties. The number of approaches, niches and exit strategies with notes investing is surprising. While investing in notes does usually require a different approach than traditional investing, Mick and Janet do a great job of explaining what it is and how it works. We’ll also be working on scheduling a workshop about notes investing in the near future, so keep an eye out, if this is a strategy that interests you. If you would like to contact Mick or Janet, you can find them at https://ktifinancial.com/

Our small hiatus is over! Dan and I were both slammed with sales. I was also renovating my office, which took quite a bit longer than I anticipated. The office is done and while Dan and I are still very busy, we have slowed down enough to try to get back to our normal Podcasting schedule. Today, we discuss house hacking with Brandon Bartley. Brandon is an agent with Maven Realty. He also owns Accuwash of Charleston, which is a pressure washing operation. Side note, Brandon has pressure washed many of my properties and does a killer job. Brandon owns one property in his home town and has been hunting since moving to Charleston. He has finally found the right one- a duplex in Park Circle. We run some of the numbers with Brandon and discuss his plans, how he acquired it, financing and his exit strategies. This is a great episode for our newer investors that aren’t quite sure where to begin. Our next episode will be a little more advanced with either notes investing or private lending as the topic. Enjoy!

Episode 22 is just a conversation about the market and local economy during Covid. Dan and I have both been absolutely slammed. I’m also renovating the office, so we’ve pushed a couple of episodes off until that’s finished. We’ll resume our interviews in a few weeks. In the mean time, Dan pulls some good date about the market and we discuss what we’re up to and what we’re seeing. As of now, our market velocity has not been affected. In fact, our sales volume as a whole is hardly down, but prices are up despite a staggering lack of inventory. Please feel free to let us know if you have any questions or would like to be a guest!

Surprisingly, we haven’t talked too much about mobile homes and mobile home park investing. We have definitely brushed the topic, but today we take a deep dive with Ryan Groene. Ryan left the corporate World to invest in parks full time. He has a ton of knowledge and experience. Mobile homes, mobile home parks, trailer parks, mobile home communities, etc, have long been known to be great cash flowing assets. However, there are a lot of nuances to this niche that many investors are unaware of. Ryan does an exceptional job telling us the ins and outs of this interesting investing strategy. You can find Ryan on social media platforms and Themobilehomeparkinvestor.com.

Episode 20 is very relevant for the times. Today we speak with Rob Wade of LoanDepot about all things mortgages. Rob has done many loans for us and our clients. These include traditional owner-occupant properties, conventional investor products and non-confirming investor loans. He’s a super knowledgeable lender and understands what investors are trying to accomplish. This episode is full of information about various loan types, little tricks on which ones to use, how to help you lender help you and a few tips on how to help yourself when it comes to financing real estate. Of course, we had to do some discussion about Covid-19. Coronavirus has affected the mortgage industry pretty significantly, so we discuss which loans this global event has affected and how it has affected them. If you’re interested in investing or are looking for financing on a primary residence or investment property, please reach out to Rob. We have been very pleased with him.

We got a doozie for you today. In episode #19, we welcome Time Bratz with Legacy Wealth Holdings. Time has amassed a really staggering portfolio of multifamily properties from humble beginnings. Tim’s company currently controls about 3,400 doors and has plans to keep growing. Tim has scaled his operations very intelligently. In addition, Tim likes to focus more on the lifestyle perks that his successful businesses have provided him rather than the material side. Tim has become very successful in our industry, but likes to keep himself grounded. This was a fantastic episode and we look forward to getting to know Tim more as he transitions to living in Charleston.

Episode 18 is all about your professional community and relationships with our good pal, Russ Scheider. Russ is one of best friends, trusted colleagues and an agent with Maven Realty. He’s also our first recurring guest. We wanted to be a little more broad on today’s episode since a lot of our episodes lately have been very narrow to specific aspects of investing. Russ is a pro at networking. He’s also very talented at building and maintaining a community of like-minded people. We discuss with him the importance of these components of his business and how we can all be better cooperators within our industry and markets.

Episode #17 is all about finding your way in real estate investing. Today, we sit down with Brian Sigmon, who is an investor and agent in the Charleston area. Brian has been investing for just a few years, but has accomplished a whole lot of flips with more to come. Brian has wholesaled quite a bit and is now starting to get more involved with Buy and Holds. He also happens to be an agent with Maven Realty. Brian has an interesting background that has led him into this business and he is now seeing quite a bit of success in a short amount of time. In addition to our typical interview, we discuss the Covid-19 pandemic and some relevant information surrounding the pandemic. We recorded this episode remote as we’re all under social distancing or shelter-in-place orders at the moment.

Episode 16 is a doozie. It’s a little longer than usual because we were getting so much great information from our guest. The guest this episode is Kelli Garrett. She has a super interesting origin story that has led her to entrepreneurship. Kelli has done it all. She’s owned and flipped multiple brick and mortar businesses, flipped hundreds of homes and owned hundreds of rental units. Now, Kelli is currently in the process of selling a business that he has improved over the course of the last 5 years, as well as boosting her lending business. Kelli is full of knowledge and wisdom. She has hustled her way to her goals without complaint. She has been a huge inspiration to me. I’m so lucky to be able to call her a friend and mentor. Please enjoy the show! If you’re looking for private lending, be sure to reach out to Kelli.

Episode 15 is a new angle on the investing prism. This episode we talk to Jeffrey Stasz of Resident, LLC. Jeffrey is an investor and developer himself, but he also happens to be a licensed general contractor and has the highest contracting licensure in the State. Jeffrey has done some really cool projects himself and specializes in historic renovations. We also chat with Jeffrey about some of the ins and outs of contracting, how contractors can best help their investor clients and the importance of using a GC for your renovations. It’s very interesting to see the perspective and insight of the GC rather than just the investors’. We hope you learn a lot from this one!