In this episode, we sit down with Josh Chapman from Dothan, Alabama, to uncover the secrets of real estate success in small-town America. Josh shares his journey from being a civil engineer to owning and managing over 300 rental units. We dive into his strategies for scaling a real estate business, the importance of reputation in small towns, and practical advice for anyone looking to get started in real estate investing. Whether you're from a bustling city or a quiet town, Josh's insights will inspire and guide you.
Key Talking Points with Timestamps
[00:00] - Introduction to Josh Chapman and the episode's focus on small-town real estate.
[01:14] - Josh's transition from civil engineering to real estate investing.
[02:15] - The rapid growth from 80 to 307 rental units in four years.
[03:03] - Geographic details about Dothan, Alabama, and its strategic location.
[05:00] - The advantages of investing in towns with populations between 10,000 and 100,000.
[07:24] - Josh's initial steps into real estate during his wife's pregnancy.
[08:11] - Shift from wholesaling to buy-and-hold strategy to scale the business.
[10:19] - Importance of consuming content and continuous learning in real estate.
[12:32] - Balancing learning and action to avoid analysis paralysis.
[24:11] - Strategies for acquiring properties with no personal capital using BRRR and partnerships.
Links & Resources
- PropStream: www.propstream.com
- Direct Mail Services: www.directmailvp.com
- BiggerPockets Calculators: www.biggerpockets.com
- Small Town Investing with Josh Chapman (Facebook): www.facebook.com/SmallTownInvesting
- Contact Josh Chapman: [email protected]
Closing Remarks
Thank you for tuning in to the Deal Finders Podcast. If you enjoyed this episode, please rate, follow, share, and leave a review. For more resources and to join our community, visit www.dealfindersclub.com. Until next time, happy deal finding, even in small towns!