The Real Estate Investing Club

Using Property Management to Scale with Noel Christopher | The Real Estate Investing Club #3

Transcript of “Using Property Management to Scale with Noel Christopher”

Gabriel Petersen 0:02
Hello and welcome to another episode of real estate investment. Place investors go to learn tips tricks and stories from other investors in the field. Today we have a special guest with us so buckle up, grab your pen and paper and enjoy the ride.

And we are live. All right. No, thank you for joining us today. Where are you calling from? I am in Steamboat Springs, Colorado Springs, Colorado. That means based on the pictures behind you You must you must be a lot

Noel Christopher 0:36
I do. I’m a ski racer. I am a skier I live in a mountain community and you know in Colorado and get to get to enjoy that. I lived in Chicago for 20 years so now I’m in the mountains

Gabriel Petersen 0:50
nice I’m I’m jealous. I grew up skiing but then started snowboarding and I haven’t been I you know I live in Washington so I should be able to get out there more but but I don’t So to get us started Why don’t you give us an introduction who you are where you’re from and and how’d you get into real estate investing in the first place?

Noel Christopher 1:08
So I know Christopher I work for currently work for a company called renter’s warehouse. I’ve been in the investing space for quite a while I started my real estate career in commercial real estate in the late 90s. And in Chicago and grew that into really working with more single family rental small multifamily through the recession, did a did a, you know, had a turnkey business where we’re buying and rehabbing two two and three five buildings in Chicago and helping them sell to investors through their their for 401 Ks and IRAs. And the last eight years I’ve been in the single family rental space. I was in Chicago and had a connection with a friend of mine who ended up working or at invitation homes and so we we built the team and we bought About 1000 homes for invitation homes and another couple thousand homes in Chicago for other investors. And that’s really how I got into the single family rental space. And I’ve never turned back since then. And so now I work with renter’s warehouse. We are a property management company, we manage about 22,000 homes around the country. And then we also have investment advisory services in our 41 offices that are focused just on the single family rental space, I mostly focus on our larger clients. So some of the institutional and mid cap or mid tier funds that are buying, they might be buying properties in 10 or 15 different locations, might be buying it through the MLS, it might be buying it through portfolios, working with home builders and build to rent developments, just all kinds of different things and I’m kind of the glue that sticks a lot of that together.

Gabriel Petersen 2:47
Oh, wow. Okay. 42 markets you said are two different offices in different unassuming different Actually, I’m sorry, 44 I still

that’s still a big number.

Okay, and you yourself, also in That’s correct

Noel Christopher 3:00
yes I have for a very long time good and bad

Gabriel Petersen 3:06
we all have those stories and I’d like to get into some point. So kind of I’m gonna I’m gonna take a look at both sides of your story you work with rented warehouse and very you know well known property management company and then you have your own investment investment business and so I kind of want to delve into both sides of that. So can you kind of for your your own investment business, kind of describe your business model what it is you do, you know, how you get leads, obviously, you work in Brenda’s warehouse, so I’m sure you have a good flow there, but kind of go into that side of the business for now.

Noel Christopher 3:36
Well, so I want to preface that with one thing you know, I’ve been a real estate broker, agent, investor all different worlds and I made a decision A long time ago, to what I call, don’t be a broker broker. And and that’s, you see a lot of people and you spent a lot of time helping other people execute their investment strategy, and help people find property or help investors find properties. And meanwhile, you’re helping them earn a long term build wealth, recurring revenue, recurring income, and meanwhile, you’re chasing these deals around to close a commission. And you really should be being very diligent and taking that money and start investing. And so I made that decision several years ago to not be that broker broker. And it’s probably the best thing I’ve ever done. And, you know, so as far as a strategy, you know, I’m fully invested in the single family rental space. I don’t think that’s the only investment strategy if you’re going to invest into real estate, but right now, I mean, even considering this, and this will kind of tell you my why my strategy is what it is. Look at what’s happening now in the world, if the with the unemployment and job losses, mainly concentrated and people living mostly in multifamily rentals. If you look at the cohort, if you look at you know what just came out recently about 40% of everybody owns less than 40,000 dollars lost their job. Well, those people weren’t living. Those people weren’t living in 1500 to $2,000 a month single family rentals in the suburbs they were mostly living in and workforce type housing, multi family housing. So single family rental spaces stayed really strong. You have a lot of people that are downsizing, whether they’re if they’re going through a foreclosure or they’ve had a job loss, and they’re downsizing from a more expensive market to a more affordable market, they’re typically going and looking at renting a single family house, rather than renting an apartment, you don’t see as many families renting out an apartment that are in the middle class and up. And that’s kind of where that rental renter cohort is that we look at. So, you know, we’re at 90 plus percent collection. We’re only about two, two and a half points off of our normal collection rate for me. And that’s around the industry, that there is so much demand. There’s such a under supply of homes, and that doesn’t matter if somebody you know when they talk about under supply of homes. I mean, it doesn’t matter. If someone’s going to buy a home or rent a home, I mean, almost every one of our renters that comes to rent, our home is also looking for a home to buy. There’s such a low supply that they’re having to dual track that and they’re making that decision of, well, I guess I’m going to rent. And then then we have some people that rent and then decide to invest in other markets. Because just because your rent doesn’t mean you can just because your rent doesn’t mean you can’t invest into real estate. You could live you could be paying four grand a month and in Seattle, and go go buy a couple of houses in Alabama that rent for 1500 dollars a month, and you’re making a great return and you put you’re in it for $300,000. And you can qualify for that

Gabriel Petersen 6:33
funny. Me and my partners are doing that exact same thing right now and we’re looking for for flips here in Seattle, you know what, you know, single family flips, you know, three to $400,000 and that’s, you know, Seattle’s a really expensive market, but then we’re buying a 10 unit apartment complex out in in Ohio for 165,008.

Noel Christopher 6:53
Exactly. So yeah. And so so now real estate used to be so hyperlocal and it is local Because what you own is local and the people who consume your product, which is your house that you’re renting or your apartment building that you own, that’s your product you’re putting out there. They’re local, but you can invest all over the country. I mean, you know, nothing as far as giving a sales pitch in our company. But the whole reason we built it up the way we did was because we wanted people to say, I want to go look at instead of instead of going what market Do I have to look at, we can say we have 40 markets, what’s your investment strategy and you might be able to buy a couple of homes in each market, really diversify yourself and, and and keep things keep things solid and not so concentrated in one area.

Gabriel Petersen 7:39
So have you. I mean, I know I’ve spoken with a lot of investors and I know that the reason they don’t like to invest in single family, single family homes, is the basically the property management side of it. I mean, managing 10 units is the energy you put into it is not as is not 10 times the amount of diminishing return. Yeah, exactly. So kind of go over how do you manage? I mean, you have a whole bunch of single families, I’m assuming, how do you go about managing those? You know, what’s the what’s the secret sauce besides hire? Well, there’s warehouse.

Noel Christopher 8:17
Exactly. Well, yeah. So he hires IRS warehouse because you can have properties in multiple locations at one point of contact. So that’s okay. So that’s the point, right? So our we’re not franchise in all these locations with different operations, everything’s going ceding up to one corporate entity, that you can then have the economies of scale of a 23 23,000 homes under management, and you can own one and you’re having that same economies of scale as if you have several. Beyond that, whether use our company or anybody else’s company. You can now remotely you manage so much more because of technology and have a good partner on the ground. But you have to have a good property manager on the ground, no matter who that is. And there’s other ones that are really good too. Locally, you can find some very good White Glove bespoke property managers that are going to give you that that high touch. The only issue with that is that they don’t work very well at scale. Right. So those are some of the things you look at in a property manager. If, if the property manager has a ring of keys on there, and his phone’s ringing, and he’s talking to tenants, and he’s talking to owners, well, it’s gonna break at some point. Yeah, you know, you could add one house to that system, and it breaks down. So looking at the systems and making sure you have a good property manager in and you can manage different property managers in different markets, it can be done, it’s now you have more Property Management Committee, companies coming out and platforms coming out that you can even self manage, or have third party management that can cover a lot of different markets. So I always suggest that it’s not a bad idea to self manage for a little bit, but it is hugely diminishing return after five or 10 units. It’s just, it’s just really tough. But there’s some good platforms you can use. There’s companies like ourselves, I mean, most of our most of the people in our company are that we manage for own one or two houses. And it just is what it is. And we have an institutional investors that we manage for as well. But understanding their systems really, really understanding how they operate and how they’re going to communicate with you as a, you’re a customer, but the real customers, it’s the tenant. So you’re, so you might think of yourself as the property manager of management companies and make me happy. Yeah, they need to communicate with you, but they need to make the tenant happy and they need to communicate with the tenant and if a tenant, if there’s something breaks in the house, they need to be on it. Because what happens if somebody breaks in the house three months before a lease is up, and they take two weeks to go fix it, you’re gonna have a hard time increasing your rent, you’re gonna have low, you’re gonna have a lot more turnover because they’re just going to say, you know, they made that decision three months ago, and once they start that ball rolling, they’re not going to really turn around. back. So that process is that’s why it’s important to have professional management because you want that communication.

Gabriel Petersen 11:07
And that’s I mean

we do off market marketing obviously to get to get flips here in Seattle and talking with a lot of investors who I mean they’re the you know the the standard you know district not distressed but tired landlord who’s just tired of dealing with the headache of turnover, etc, etc. And they are all single family now, none of them are ever going to be a multi family when you when you hear a

Noel Christopher 11:32
tired landlord, so yeah, and so here’s and there’s a lot of things that can go wrong. There’s a lot of things that can go right because on the on the value side is you go in time, you know, that single family can can increase in value differently than a multi family multi families just tied to the income in some greatly appreciating areas. And we’ve seen this happen in the last few years where a lot of people rent started renting their homes in 2010. And now it’s 2020 and they’re looking at their values going, Well, I could sell it for 500. I could keep it rented and it’s worth 300. And they might decide to sell it. And then 1031 exchange that into a multifamily or into more into a portfolio of single families. It’s funny in single family rental, a lot of people own less than five, but there’s a big jump the five to 10 or not as many as investors. But once you get to five, a lot of people jump to 1012 1314. Once you get past 10, it becomes more like on the risks side more like multifamily. Okay, but then you’ve got tenants that stay on average three years, you’re going to get a little bit a lot, you can get tenants to take care of the house a lot better. If you’ve got a portfolio if one is non performing, it’s not going to crush you then if you just have one single family house and so that’s where you see a lot of the tired landlords is they haven’t really been taught that investing side of things. And when you’re owning these in multifamily, it’s similar, you don’t look at the cash flow and figure out how you take all that and take home pay right away, you need to stabilize that rental and that portfolio and figure out what your true expenses are going to be. Because when you buy something, it’s typically not what you think it’s going to be all you have to live. If your initial, in the first, for single family rentals, we say first five years is really to get through that and build up a portfolio by a couple of houses a year, and then you’re gonna have a nice portfolio, and then take that cash flow as much as you can and put it back into the property and you’re going to, it’s going to be exponentially more to you later on than it is if you take it early on if you try to take that cash flow. So when we advise people if they say, Well, I’m going to need that cash flow in order to pay my other mortgage or pay my bills. That’s not good. We want the cash flow to pay the pay the mortgage on the house and to put it in reserves as much as possible and reinvest that money into the house. And so I’m sure you see that in similar multifamily.

Gabriel Petersen 13:57
Yeah, yeah, definitely.

A few follow up questions to that. But actually, I’m gonna I’m gonna pivot a little bit. So when you buy your own personal deals, what criteria do you use to identify the deal that you’d like to buy? I’m sure you don’t buy only in your own market over there in Colorado?

Noel Christopher 14:15
Not at all, actually.

Yeah. So I first understand what my strategy is, and truly understand my cost of capital and my cost to operate and come up with a general guideline of what my expense expense ratio my expense load is going to be. And then the only thing that’s going to affect that up and down are taxes. Yeah, so now I’ve got it in my head, I can look at something that that if the average taxes are $2,000 and the houses, you know, 1400 dollars a month, I know I can pay $179,000 like you start to know those numbers in your head, but

I look at

cash flow then I So I understand where I need to be, you know, because it doesn’t matter what market it is, if the numbers don’t work, they don’t work. So then then I look into the market and you look at, you know, I’m looking at more smaller, what I call hipster via markets that are more affordable that have good jobs. That that people are a lot of people yfc some of this out migration to these more affordable markets, understanding the local economy and what’s happening in that local economy is so important. We’ve been doing a lot investing in Alabama.

Gabriel Petersen 15:34
Really,

Noel Christopher 15:34
yeah, Alabama is great, the taxes are low, you can buy new construction homes for under under $200,000. And you’ve got quality tenants living in them. So we can talk about that later if you want. I’ve done the last six months a ton of business in Alabama for myself for my clients. You know, they heavily rely on the auto industry and the aerospace industry. So you need to understand those things. But it’s it’s been it’s been great.

Gabriel Petersen 16:02
That’s, that’s really interesting. We’ve actually had a lot of. So we have one campaign that just markets nationally and so we don’t restrict it at all. And we get a lot of leads from Alabama and Mississippi. And we tend to not put as much effort into those because just I mean, the demographics that we look up, it’s not as favorable. Yes. It’s interesting that you’re focused on Alabama. I mean, the the price point is definitely appealing. But yeah, I’ll go into that a little bit more. Why? Why Alabama?

Noel Christopher 16:32
Well, because they, you know, after the last recession, unlike some of the larger urban areas, they opened themselves up for business they kept they kept their tax basis low. They, they didn’t overburden, you know, the local government didn’t grow exponentially, like Take, for example, Chicago, it’s the top first. Five employers in the state in Chicago are all Government

Gabriel Petersen 17:00
Really? Yeah.

Noel Christopher 17:02
So so you know, you’ve got that I mean, you can go deeper big government, not big government, whatever, they really open themselves up for business they work through their foreclosure issues they did not get hit as hard as some other areas now. Now Alabama though you go, you know, you’ve got you’ve got your, your core of the good areas and then you know, there’s some, there’s some tough areas to just like anywhere. But what we’ve seen is that the land is cheap there. There’s a lot of people wanting to move there. There’s healthcare companies, there’s auto, you know, because labor is inexpensive and Alabama, there’s a ton of manufacturing going on. So you’ve got a good workforce, that can have a middle income job, and and so that those are solid so you have a good workforce housing, meaning stuff that’s 1200 to 1700 dollars a month in rent, that somebody’s making, you know, 60 $70,000 a year can easily afford even as a family And, and there’s great population growth, they’re doing great things. And so we’ve seen a lot of interests there, beyond just the funds chasing the yield, because you get a lot of that as well. But uh, you know, so that Birmingham area, Huntsville area, I mean, you’ve got homes you’re renting for 1500 dollars a month, you might have a NASA engineer living there. So, you know, whereas you take that same home and you take that same that same place and take it to Chicago and the rents gonna be double, you know, somebody’s paying 1500 dollars a month to rent in Chicago could actually be government subsidized. So there’s like, so many different dynamics but places like that, like Charleston, South Carolina, Florida’s obviously a great investing area, it continues to be on that southeast is good. Get up into the rust belt. You know, you’re talking about Ohio, Columbus, Ohio is a great place. These are all areas that that I think are going to continue to grow because they’re more affordable. So people are looking Looking at, you know, right now they’re looking at the cost of living and everything they’re doing. And especially if you have some kind of displacement, somebody loses a job. And they go, why are we paying this? Let’s move to Columbia because our Columbus because I have a friend there and they say, it’s great. We can buy, we can buy a house for 200 grand, and live in the suburbs, or we could rent a house for whatever we can live downtown and look what they’ve done. They revitalize it. So this is happening all over the country. And I think that areas, the suburban areas, I some people have denounced some of the news saying people aren’t gonna move to rural areas. I’m not talking about rural areas, I’m talking about suburban areas, but that have a good core to them and a good live work environment. That’s that hip Serbia thing. So you look at all that and so we do that for a lot of advisory for the funds we work with. And then you start seeing, like, if it’s so good for somebody else to buy it, you need to be looking at it to

Gabriel Petersen 19:53
make sense. So, Alright, so we’re gonna I’m gonna shift gears just a little bit here and I want to go into your own personal experience actually, before we do that, I’m going back a little bit. I want to ask about renter’s warehouse. So just give a little plug in doesn’t have to be a plug, obviously. But um, talk a little bit about why renter’s warehouse is so effective for single family investors.

Noel Christopher 20:18
Well, so we’ve been doing it since 2008. This isn’t a new business for us, just renter’s warehouse used to be a franchise or back in 2016. They were invested into private equity and we rolled up all the franchises into one corporate entity, so that you have you know, with the large franchises you could have, each franchise operates differently. So you have a an inconsistent level of service and so on the property management space, it’s very inconsistent. It’s there’s there’s not a lot of standardization in there and processes and reporting. And so that was a tie all that together. And so what you get is you get the scale of a large, very large property manager. company in the efficiencies that you have to have to run that big of a company bleeds down into the smaller investor. And so that that’s a big selling point. And because of a lot of the regulation that’s been happening in markets, especially around rentals, you need to have a professional property manager. I think it’s very important. And it saves you the difference you’re going to save on your return. You’ll see it over years, it’s very hard to measure, because it’s little things. So it’s little things like how quickly you turn a property, how you’re communicating, how long your vacancies happen, things like that. So that’s really important. And so we, you know, we built a company around that and invested a ton into the processes and manage for hedge funds and manage for one off investors and then we have 13,000 owners that we manage for Wow. So people wrap that in their wrap that around their head a little bit. That’s a lot of different communications. A lot of water heater broke, why is it cost $500? You know, like, I mean, it’s just massive. So Being able to wade through that and be successful just creates efficiencies. And that’s a big selling point there.

Gabriel Petersen 22:07
Yeah. And I can definitely attest to the fact that you do need a property management company. I mean, if you have one house, maybe not. But I would say even once you get to two or three, it just having a property management company reduces the headaches, tenfold.

Noel Christopher 22:23
So, especially if you’re going to get into a home that you like, I lived in Boulder for a while. And I’m sure in Seattle, you might have somebody paying three or four grand a month to live in a house and their pay their rent every week and all that but if you’re actually going to be really investing and even a little bit larger scale, and you’re looking at different markets and things like that, like you can now invest outside of your geographic region. And not only buy something that that works and makes sense but have it professionally managed and have that communication come to and manage that process yourself. or manage the managers because it’s tough to manage your managers. So it’s it’s opened up the world of a Investing. It just really is. And you know, I’m sure you see it that you’re looking at these other markets where, where it just can’t be done in Seattle, but there’s some other great areas.

Gabriel Petersen 23:09
Yep. Okay, so now we’re gonna shift gears. I’m going to go into your own personal investing experience, and I kind of want to hear about the stories. So what has been, I mean, everybody has peaks and valleys in real estate investing. So what has been the hardest experience you’ve had so far in investing? And what kind of what lesson did you learn from that? And then adversely what is the thing that you’ve enjoyed the most about it?

Noel Christopher 23:33
So I can tell you the hardest experience in Chicago after the recession when, you know a lot of people lost especially in the real estate profession, and I we lost everything and we started building it back up and and buying two and three flat buildings and selling them to investors and doing kind of a turnkey company. And we invested in several buildings on the west side of Chicago that shortly after we agreed Fire these buildings. They closed the police station. Oh, right where we were. So in Chicago back in, you know, during the recession, there’s a lot of cuts. And so they had to close police stations and they closed the station on the west side of Chicago. And it it. It was in a C class neighborhood, mostly mostly government subsidized, but you could you could buy and rehab it build a two or three flat building for 100 to $120,000. I mean, got it. So it was great. And you need to get good tenants in there. But then the neighborhood got literally just blew up. And I mean, we, you know, we we couldn’t they were no longer profitable in any way investments. And it was a, it was a lesson learned. Like, I wish I knew what I know. Now then, because I could have had a different mentality about what I was doing. I just was looking at the numbers saying, well, this is gonna work and I didn’t really do my due diligence. It’s, you know, caused a lot of aches in my marriage with my wife and all that kind of stuff because nothing no, it’s it’s, look, investments don’t always go well. But what you can do is do everything you can to make sure it goes right. And then there’s just a few things that go wrong, you can just go I couldn’t help that.

So that was that that was tough. But

you know, the the positives is just really staying on top of the space and seeing how it’s evolving and staying really close to what’s going on the housing market to understand. You know, that there’s just so many opportunities and I’ve seen that with, with, the more I’ve done, the more opportunities that have come to me personally to be able to, to invest and it’s just more of a just kind of advice out there to people who want to invest in real estate. Go on LinkedIn one day and turn on your camera and tell your story. Just Just say what you’re doing. And it doesn’t matter if you think it’s inconsequential to the rest of the world, if you tell your story, like, Hey, I’m out there, and I’m trying to invest. And this is what I’m doing this what I’m seeing all of a sudden, someone’s gonna come and go, Oh, hey, here’s the ideal for you. Or maybe here’s some, here’s some capital for you, or here’s some opportunity. So, I learned that lesson very much. I started turning the camera and just telling the story telling what I’m doing on a daily basis. And that brings opportunity because people want to hear your story. They don’t want to hear a sales pitch. They want to hear your story. It could be as simple as I’m driving down the street, and I’m trying to figure out what the hell I’m going to do next. Whatever it is, that is where you’re going to find success, I think in a year. I mean, look, we’re doing it here. Right? Yeah, people want to hear the story.

Gabriel Petersen 26:46
Yeah, I mean, we I try to keep these 20 to 30 minutes, but I wish I could go into your marketing a little bit because I 100% agree. If just doing something like this even a podcast, which isn’t I know it looks you know, like there’s a background But that’s really just the zoom background. It’s not as hard as you think. And just as he said, turning on the camera and just start talking, you’d be surprised at where people come from just having your voice out there really does

Noel Christopher 27:12
make, right any speak the truth. I mean, there’s so much misinformation out there about the real estate market. So many people take snippets of data and mold that into the narrative that they’re trying to push. And so you’ve got to go find it from people like yourself from people like me that are just telling it how it is. And and really, you know, I spent a lot of time reading and understanding data, and then going and debunking many, many news articles. I don’t even call them news articles. I call them content that’s put out there that is pushing a false narrative for whatever reason, it’s either ignorance or a specific reason, I don’t know. But there’s plenty of people out there speaking the truth. And LinkedIn is a wonderful platform to do that engagement is off the charts.

Gabriel Petersen 27:57
All right. So So last question here, from For your personal side, if you can give yourself starting out, way back when, when you first bought your first flip run or whatever it was, you can give that person one piece of advice, what would that piece of advice be?

Noel Christopher 28:16
Look at the numbers. somebody gives you but verify everything yourself. Yeah, everything from the taxes to the rent. I mean, every single my new chef a number because people are going to pad things and they’re going to try to put it in a light in order to sell it and it’s just human nature is what they do. So if you can do all of that and do your due diligence, if something bad happens, you can say you did all the right things and you just couldn’t control it. The worst thing to ever happen is for your for something bad to happen in investment, and it’s because you didn’t do something. inaction is just in and you know, somebody can tell you this is a great best deal in the world that you need to Put your eyes on it and under. So that’s, that’s something that I got, you know, a little bit cocky about investing and was like, Oh, it’s great to work. It’s markets up, everything’s good now now, appreciation is great but it’s it’s not what you invest based off of. That’s based off the current deal. It doesn’t work now if it works today it’s gonna work later. The other thing is, is not panic as well, a sim scene a lot of people panic right now. And they’re saying, Oh, they need to sell their house because the markets gonna crash. How many people wish they had held on to their house in 2008?

Right and just really

Gabriel Petersen 29:32
think a cyclical you just got to write it.

Noel Christopher 29:34
Yeah, it’s just gonna write it real estate rarely goes down. You know, and this is I think the kind of recession that devalues wholesale are probably not going to go down. Some markets are going to get hit in segments of markets. But it’s not it’s not like it was in 2008, where it was a financial crisis. This is a natural disaster and it’s, it’s affecting things in a different way.

Gabriel Petersen 29:53
So we will bounce back. Yep,

Noel Christopher 29:55
yes.

Gabriel Petersen 29:57
All right. So that brings us to the end of our time, here. For Anybody who wants to get ahold of you, what would be the best way to get in contact with you

Noel Christopher 30:03
find me on LinkedIn.

Know Christopher on LinkedIn, go search me that is the main platform I use socially to communicate and to put put my message out there. You can look me up on renter’s warehouse on my email is no see at renter’s warehouse calm, but I have to tell you, you’re probably going to engage with me better if you want to engage with me and get in front of me engage on some content go in and this is if you want to get get engaged with anybody go and engage with their content and then get engaged with them. If somebody is trying to sell me something and they connect with me and send me a sales pitch it goes in the trash in your ear out the other thing all about engagement these days.

Gabriel Petersen 30:45
Yeah. All right. Well, no, thank you very much for joining us today. I really did enjoy it. And I’m sure all the listeners and watchers enjoyed everything that you were shared with us. So everybody watching listening. You got his contact information. If you want get in contact with no go on to LinkedIn gave you this content say hi and other than that, we’ll see you guys next time.

Thank you for joining us on another episode of real estate investing. For more information on how to work with Pearson, go to www dot deewr. gov. au investing club calm otherwise we will see you guys in the next steps.

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Want for us to bring you leads and run your real estate digital marketing? Reach out to our partner agency at https://www.getclientsquick.com

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ABOUT THE REAL ESTATE INVESTING CLUB SHOW

The Real Estate Investing Club is a podcast and YouTube show where real estate investing professionals share their best advice, greatest stories, and favorite tips in real estate. Join us as we delve into every aspect of real estate investing – from self-storage, to mobile home parks, to single family rentals, to real estate syndication! If you’re a real estate investor and are looking for tips and motivation to grow your business, this is the show for you. This is an interview-based real estate show where I’ll be hearing from investing pros from every asset class, niche and geographic area in the US. Join us as we learn about these REI pro’s career peaks and valleys and the lessons they learned along the way!

Topics you’ll learn more about throughout our episodes:

– Using the BRRR strategy to buy income properties

– Flipping houses the right way, building quality housing and taking home a large payday

– Using hard money and bridge loans for real estate investments

– How to bounce back from bankruptcy and build a thriving empire in the wake of failure

– How to use property management companies to help scale your real estate business

– The best online and offline tools out there to take your real estate investing business to the next level

– How to do out of state investing without risking your shirt in the process – Going from broke to 300+ deals in a month (really!)

– Investing in commercial real estate

– Stories about brand-new investors and the lesson’s they’re learning as they take on their very first flips and rentals

– How to use Google Ads and Facebook Ads to crush it in off market real estate marketing

– How to fill your pipeline with off market deals using direct mail, voiceless mail drops, and text blasting

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