What separates a wannabe investor from a true real estate investor? There are many ways out there to learn how to invest in real estate. The difference isn’t due to lack of information. Why are some successful and others not? Quick story. For the last number of months, Spencer had trained and got into the best shape he could for his first ever Spartan Ultra Beast in Dallas, TX. The race consists of a 31 mile race, 60 obstacles throughout, and easily 8 to 10 hours of all out competition. At the end of October, Spencer completed the Spartan Ultra Beast. On the flight back from the race, Spencer thought about everything that went into being able to run a race like that, let alone compete. He came away with these 5 principles, all of which separate the successful from the rest of the pack: 1. Count the cost - is it worth it? 2. Everybody is running their own race 3. Doing it together is more rewarding 4. Your mind is either friend or fo - you decide 5. Obstacles are inevitable Listen in 🎧
In this episode you will get a special sneak peek into our new national podcast series, The Evernest Real Estate Investor. In this episode, Spencer and Gray discuss the fundamentals you need to make a great deal. From setting your investment goals and knowing how to estimate the rehab costs to making an offer. Cash is king. It is crucial to know where to look for property details, determine estimates and do your due diligence when it comes to repairs. Get to know how Gray helps our brokerage clients through this process and his vast knowledge of the industry. Over the past 10 months in 2021, Evernest’s brokerage department has made over 600 acquisitions for in-state and out-of-state investors.
Finding deals is the lifeblood of the real estate investor. In recent years, the market has been hot which has left many investors wondering how they’re going to find the deals they need to achieve their investment goals. In this episode, Spencer walks you through five different ways investors are finding deals even in today’s hot market. You’ll walk away from this episode with a fresh perspective on a an age-old problem – finding great deals!
In this episode, Spencer Sutton explains the pros and cons of self management vs property management. He lays out what we see to be the three main reasons someone starts to consider property management: - You just became an out of state investor - You’re finding and leasing to the wrong people - Maintenance is getting to be too much for you Sound like you? Listen & subscribe on the platform of your choice: - Apple: The Atlanta Real Estate Investor on Apple Podcasts - Spotify: The Atlanta Real Estate Investor | Podcast on Spotify - Website: The Atlanta Real Estate Investor – Learn, Buy, Profit
If you are a real estate investor, you will have tenants treat your property like trash. But, if they are damaging your property that is an entirely different battle. In this episode, Spencer explains how to deal with a tenant damaging your property. He answers questions you should ask yourself and shares a checklist you need to have.
Are you ready to buy Atlanta rentals? Join us on this episode as we announce some exciting news about how we can provide you with great opportunities in the market. For more information and to speak with someone in our Atlanta office, fill out this form at evernest.co/pocket-listings. We’ll also dive into how to know if you should buy a turnkey rental property or a distressed property and fix it up yourself. There are many aspects of both that you must consider in order to make the right decision for your situation.
When it comes to owning properties, it is inevitable that you will have maintenance issues. The key is understanding the relationship between maintenance and tenant longevity. In our experience of managing thousands of properties since 2008, maintenance handled incorrectly has the ability to dash your passive income dreams. In this episode, we welcome Will Morton, Director of Property Services, to explain the three major mistakes owners make when dealing with maintenance concerns.
Most rental investors become enamored with the thought of receiving mailbox money month after month and leaving their full-time job. But few think through all of the potential pit falls before they start buying property. In this episode, we’ll walk you though the five ways we’ve seen rental investors fail and what you can do to avoid the same fatal mistakes.
You have several property management options when it comes time to lease your home. So how do you decide which property manager is your best choice? In this episode, Spencer provides his top 5 questions you should be asking a property manager before you hire them. These questions are designed to give you insight into the most important aspects of how they run their business in order to discover if it will be a good fit for you.
Do you want rent income that you can rely on and possibly a resident that stays longer? In this episode, Spencer welcomes Duncan Murphy, our Atlanta Team Lead, back to discuss Section 8. They explain the processes, the requirements, the pros and cons, and some personal experiences they have had renting to Section 8 residents.
Dani started as an out of country investor! He bought his first rental house in Arizona and that kickstarted his passion and love for real estate. What drove Dani to move to the US and become a full-time real estate investor? Like many investors, his 9-5 job was not going to provide him with the life he knew was possible. In this episode, we dive into his career as a successful mentor, how he motivates others to take action, the transition from investor to mentor, and the challenges many of his students face today.
Probably the most important aspect of owning rental property is getting the right tenant in your home. Since 2008, we have placed thousands upon thousands of great residents. In this episode, we’ll dive in with our leasing ninja, Jacob West, and explore what he and his team have done to make the past 18 months fantastic even in the middle of a global pandemic. We’ll share practical tips you can use whether you own one property or 1,000.
Most investors agree that building a rental portfolio is a solid strategy to longterm wealth creation. But that doesn’t mean that managing rental properties is your highest and best use as an investor. In this episode, Spencer shares his experience managing rentals vs having a Property management company manage it for him and how this can net you $5,000 each month.
Frank was an IT professional for 15 years when he left his corporate job to focus full-time on his real estate business. Listen in as he describes the transition and how he’s even able to find deals in today’s ultra competitive market. Frank also describes his passion for coaching other investors on how to become successful simply by taking action every day.
In this episode, we invite our Atlanta Team Leader, Duncan Murphy, to walk us through where he’s seeing investor activity inside and outside of the perimeter. Enjoy this overview of the Atlanta investor market and hear Duncan’s top three areas to invest.
Curt Smith is back for another episode to explain what it means to Bulletproof your Rental Portfolio. Curt dives into the steps you can incorporate into your own rental strategy that will give you the steady cash flow that every investor wants. One of the most important pieces of advice Curt shares is around how best to locate these properties at discount and fill them with long term tenants.
Curt started his investment career buying houses off of Hud Home Store website. That was back in a different time of Atlanta real estate investing. But Curt’s disciplined strategies have kept him focused building a bulletproof rental portfolio even in the current competitive environment. Get ready to take notes if you want to build your own bulletproof portfolio.
Are you an investor in the greater Atlanta area looking for deals and a private money lender you can trust? We have you covered. Meet James Melton. In this episode, we talk with James about several topics including: - His own journey in the hard money space - The process of obtaining a loan from start to finish - The typical terms and most recent interest percentages (if you haven’t shopped hard money in a while, this one will shock you!) We also discuss the differences (and benefits) of this type of private lending versus bank lending.
Not every investment is successful and not every investor succeeds. But you can make sure that careful thought and planning go into your Atlanta investment goals. In this episode we’ll walk through five reasons that investors should avoid investing in Atlanta rental properties. These lessons have come from first hand experience in dealing with thousands of investors over the past 17 years.
Pain + Reflection = Progress. Without the pain of the 1989 real estate collapse of his businesses, Keith Cunningham wouldn’t have been able to build a successful real estate career over the next 30 years. In this episode, we discuss seven of the most insightful takeaways from Keith’s book, The Road Less Stupid.