Episode 84: Strategies in Purchasing Commercial Real Estate with Stephen Quesinberry

<p><strong>In this episode, we explore:</strong></p> <ul> <li>Guest Military Background</li> <li>CoreLogic company</li> <li>Acquisition Process</li> <li>Talking with Brokers</li> <li>Building Rapport and Credibility Factors with Brokers</li> <li>LOI Strategy</li> <li>Why choose being a Limited Partner<br> </li> </ul> <p><strong>About Stephen:</strong></p> <p>Stephen began real estate investing in 2013 when he purchased his first Single family house. Since then, he has continued to evolve as an investor including a BRRR (Buy, Rehab, Refinance) SFHR and a Four Plex all in Dallas-Fort Worth. In 2018 he became a limited partner in his first multi-family deal in Dallas, TX and since then has been a limited partner in 4 additional multi-family communities totaling over 950 doors throughout the Southeast.</p> <p><br></p> <p><strong>Snapshot: 44:48</strong></p> <p>1. What is your number one failure in real estate?</p> <ul> <li>Not firing my property manager sooner.<br> </li> </ul> <p>2. What advice do you have for other military investors to be successful?</p> <ul> <li>Find partners that have offsetting skill sets from you.<br> </li> </ul> <p>3. What inspires you to serve your country</p> <ul> <li>The opportunity to get challenging life experience early upfront and to give back to the country.<br> </li> </ul> <p>4. What is your dream?</p> <ul> <li>Full time real estate investor<br> </li> </ul> <p><strong>Quotes:</strong></p> <ol> <li>“At the end of the day, you’re trying to figure out what levers you can tweak to make you the most aggressive as possible to win the deal but also to be conservative at the same time.” 9:23 - 9:34</li> <li>“You’ve got to find partners that bring different skills or values than you do.”<br> </li> </ol> <p><strong>Snippet: 14:30-16:25</strong></p> <p><strong>REELS: 24:15 - 24:37</strong></p> <p><strong>Connecting with the Guest:</strong></p> <p>LinkedIn: <a href="https://www.linkedin.com/in/stephenquesinberry/"><u>https://www.linkedin.com/in/stephenquesinberry/</u></a><