• 242: An Insider’s Guide for Out-of-State Investors with Andrew Kim

  • Mar 19 2024
  • Durata: 49 min
  • Podcast
242: An Insider’s Guide for Out-of-State Investors with Andrew Kim copertina

242: An Insider’s Guide for Out-of-State Investors with Andrew Kim

  • Riassunto

  • Description:

    Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your lifestyle and economy.

    Industry experts Paul Thompson and Andrew Kim explore the opportunities and obstacles for investors eyeing single-family rentals across the Sun Belt. With boots on the ground from Dallas to Memphis, Andrew offers hard-won advice for vetting deals, financing purchases, and managing rehabs remotely.

    Gain valuable perspective on the pros and cons of multifamily versus single-family assets. Discover Andrew’s “bird method” focused on cash flow over appreciation. Whether you’re looking to break into the Sun Belt or expand your portfolio, this in-depth conversation delivers actionable intelligence.

    Key Takeaways:

    • Leverage local expertise when evaluating deals to avoid risky assumptions based solely on numbers

    • Utilize property management partners’ contractor networks to efficiently complete renovation projects

    • Consider DSCR loans for their investor-friendly terms, but understand lenders’ processes vary greatly

    • Diversify across both single-family and multifamily assets to minimize vacancies’ portfolio impacts

    • Prioritize markets with ongoing population growth and landlord-favorable legislation

    • Focus on long-term cash flow over short-term appreciation to build lasting wealth

    Follow Paul Thompson

    • LinkedIn | https://www.linkedin.com/in/paulthompson-onecallcapital/

    • Website | https://pauldavidthompson.com

    • Tiktok | https://www.tiktok.com/@pauldavidthompson

    Resources:

    https://sharesfr.com/

    https://blog.sharesfr.com/

    https://www.linkedin.com/company/sharesfr/

    www.PaulDavidThompson.com - Real estate resources, past episodes, and information on my mastermind

    I want to help you achieve financial and personal freedom.

    1. Check out THIS link for some valuable resources

    2. Click for a FREE WEBINAR to learn about your 12% ROI.

    3. If you're ready to take action now, let's hop on a CALL now!



    About Today’s Guest:

    Today, we have Andrew Kim, CEO of SHARE, a startup revolutionizing rental property investment. With a background in real estate and experience assisting institutional investors in acquiring over $7 billion in property, Andrew aims to democratize access to the single-family rental market. SHARE offers an end-to-end service, handling everything from property sourcing to tenant vetting, allowing investors to enjoy passive income without the hassles of traditional landlord responsibilities. Andrew's innovative approach and extensive expertise promise to reshape the real estate investment landscape, and I'm eager to delve into his insights on the industry, startup success, and SHARE's market evaluation strategies.

    Mostra di più Mostra meno

Sintesi dell'editore

Description:

Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your lifestyle and economy.

Industry experts Paul Thompson and Andrew Kim explore the opportunities and obstacles for investors eyeing single-family rentals across the Sun Belt. With boots on the ground from Dallas to Memphis, Andrew offers hard-won advice for vetting deals, financing purchases, and managing rehabs remotely.

Gain valuable perspective on the pros and cons of multifamily versus single-family assets. Discover Andrew’s “bird method” focused on cash flow over appreciation. Whether you’re looking to break into the Sun Belt or expand your portfolio, this in-depth conversation delivers actionable intelligence.

Key Takeaways:

  • Leverage local expertise when evaluating deals to avoid risky assumptions based solely on numbers

  • Utilize property management partners’ contractor networks to efficiently complete renovation projects

  • Consider DSCR loans for their investor-friendly terms, but understand lenders’ processes vary greatly

  • Diversify across both single-family and multifamily assets to minimize vacancies’ portfolio impacts

  • Prioritize markets with ongoing population growth and landlord-favorable legislation

  • Focus on long-term cash flow over short-term appreciation to build lasting wealth

Follow Paul Thompson

• LinkedIn | https://www.linkedin.com/in/paulthompson-onecallcapital/

• Website | https://pauldavidthompson.com

• Tiktok | https://www.tiktok.com/@pauldavidthompson

Resources:

https://sharesfr.com/

https://blog.sharesfr.com/

https://www.linkedin.com/company/sharesfr/

www.PaulDavidThompson.com - Real estate resources, past episodes, and information on my mastermind

I want to help you achieve financial and personal freedom.

  1. Check out THIS link for some valuable resources

  2. Click for a FREE WEBINAR to learn about your 12% ROI.

  3. If you're ready to take action now, let's hop on a CALL now!



About Today’s Guest:

Today, we have Andrew Kim, CEO of SHARE, a startup revolutionizing rental property investment. With a background in real estate and experience assisting institutional investors in acquiring over $7 billion in property, Andrew aims to democratize access to the single-family rental market. SHARE offers an end-to-end service, handling everything from property sourcing to tenant vetting, allowing investors to enjoy passive income without the hassles of traditional landlord responsibilities. Andrew's innovative approach and extensive expertise promise to reshape the real estate investment landscape, and I'm eager to delve into his insights on the industry, startup success, and SHARE's market evaluation strategies.

Cosa pensano gli ascoltatori di 242: An Insider’s Guide for Out-of-State Investors with Andrew Kim

Valutazione media degli utenti. Nota: solo i clienti che hanno ascoltato il titolo possono lasciare una recensione

Recensioni - seleziona qui sotto per cambiare la provenienza delle recensioni.