
193: Finding and Managing Rental Properties While Working Full-Time with Steve Garner
Shah :)
Description
<p>Everyone knows rental properties can be a great way to build wealth and cash flow. Yet so few people ever take the steps needed to build their portfolio. That’s why we’re excited for you to listen to this week’s episode of <a href="https://www.biggerpockets.com/podcast" target="_blank">The BiggerPockets Podcast</a>! On this show, we sit down with <strong>Steve Garner</strong>, a North Carolina investor who currently is building and managing a rental portfolio while working a full-time job he loves. You’ll learn <strong>several creative methods</strong> for finding deals that have worked great for Steve, as well as some of his clever tricks for managing tenants with minimal work!</p><p>In This Episode We Cover:</p><ul><li>How Steve <strong>got started</strong> in real estate</li><li>How to <strong>build courage</strong> to get started investing</li><li>Details on his <strong>first deal</strong></li><li>Why Brandon and Steve love <strong>tenant-proofing</strong> their properties</li><li>What “<strong>REO</strong>” means</li><li>What <strong>REIA</strong> is</li><li>How he landed his second property using <strong>Homepath</strong></li><li>Tips for looking at <strong>cash on cash</strong> return</li><li>How many <strong>deals</strong> has Steve done so far</li><li>How he <strong>finds</strong> deals</li><li>How he handles <strong>CapEx</strong></li><li>How to puts <strong>money aside</strong> for CapEx</li><li>Steve’s <strong>10-unit</strong> townhomes</li><li>How he <strong>finances</strong> his properties</li><li>Thoughts on <strong>managing</strong> properties</li><li>Why he’s very particular when a <strong>tenant</strong>’s about to leave</li><li>What his <strong>full-time job</strong> is</li><li>The importance of <strong>screening</strong> and having standards for tenants</li><li><strong>And SO much more!</strong></li></ul><p>Li
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193: Finding and Managing Rental Properties While Working Full-Time with Steve Garner
Shah :)