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Episode 71 - Would you buy your first apartment building in the Detroit area? Greg & Nicole Scott did

Episode 71 - Would you buy your first apartment building in the Detroit area? Greg & Nicole Scott did

After being passive investors in over 900 apartment units; Greg & Nicole Scott decided to purchase their first apartment building in an area that they know best...Detroit, Michigan. Listen to how these investors overcame challenges in making this investment a success.

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Episode 71 - Would you buy your first apartment building in the Detroit area? Greg & Nicole Scott di...
Episode 71 - Would you buy your first apartment building in the Detroit area? Greg & Nicole Scott di...
Episode 71 - Would you buy your first apartment building in the Detroit area? Greg & Nicole Scott di...
Episode 71 - Would you buy your first apartment building in the Detroit area? Greg & Nicole Scott di...
oldcapitalpodcast oldcapitalpodcast | 7 years ago
After being passive investors in over 900 apartment units; Greg & Nicole Scott decided to purchase their first apartment building in an area that they know best...Detroit, Michigan. Listen to how these investors overcame challenges in making this investment a success.
After being passive investors in over 900 apartment units; Greg & Nicole Scott decided to purchase their first apartment building in an area that they know best...Detroit, Michigan. Listen to how these investors overcame challenges in making this investment a success.
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oldcapitalpodcast oldcapitalpodcast | 6 years ago
Michael gives reasons on why he would NOT build large apartments at this time.
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Emily Cortright and Adam Roberts were corporate folks. They went to the right schools, (Ohio State and Penn State) lived near the ocean in southern California, and both worked for the right company (General Electric- Aviation); everything was great-UNTILโ€ฆGE sold their division and they were going to get downsized or transferred. They began to look for additional income options to support their lifestyle. They attended an educational class on real estate investing. After spending a weekend in t...
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Michael understands your first transaction is the toughest. Michael owns over 5200 units, but the toughest one was going from ZERO to ONE. Michael gives you the insight on what you should do to get a โ€œwinโ€ on the board.
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Imagine making over $600k monthly with wholesaling and still losing money? Unfortunately this is a trap many real estate investors fall into. We tell ourselves the more deals and the more employees we have the better. And without an accounting system and accounting philosophy to keep us in check, we end up living paycheck to paycheck instead of achieving the true financial freedom we got into real estate for. Todayโ€™s guest, David Richter, is the founder of SimpleCFO and author of Profit First ...
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