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Posted almost 8 years ago

Should You Attend Industry-Related Conferences?

The short answer is YES, you should attend these events when at all possible. Real Estate Conferences are great for networking, learning the industry, and letting other professionals know that you are serious about making deals.

At a recent conference in Dallas, TX, I was asked to present during a breakout session on the topic of “Achieving Passive Income With A Turnkey Solution.” During my presentation to a room full of both industry peers and first-time investors, I detailed some of the secrets to my investment strategy. This meeting of the minds connected professionals across the entire industry, from landlords to investors, property managers, private lenders, rehabbers, and aspiring entrepreneurs.

During my presentation, I spoke to investors about the risks associated with B-, C-, and D-Class rental properties and the value of a turnkey provider who works primarily with A-Class properties. I explained how I learned “that with $1,100 rents and above, you’re starting to deal with a better quality of tenant.” From acquisitions to renovations to property management and investor relationships, I laid out exactly what an investor should look for in a turnkey rental property and turnkey provider. Relative to other investment styles, turnkey real estate investing is one of the safest and most stable options for investors.

In addition to presenting at the Conference, I was also honored to be interviewed by, and featured on the cover of, an industry publication. In the article, I shared my personal experience with real estate investing. I explained how I began my career with a summer job helping to rehab family owned properties in Detroit, MI and eventually became Partner of a turnkey real estate investment company based in Dallas, TX that services many of the hottest U.S. real estate markets.

I began as a real estate investor of C- and D-Class properties, buying the houses for $5,000 to $20,000, putting $20,000 into a renovation, and renting them out for between $700 and $900 month. Though the yields for these investments were high on paper, I learned how much work went into maintaining a C-Class rental. I also learned that the “headaches” of dealing with the Section 8 program and managing properties in areas where I didn’t feel physically safe told me it was time to exit the market. In 2011, I decided it was time to gather my profits on the homes and sell them.

Armed with a real estate license and a degree in marketing, I went to Dallas in 2012 in search of turnkey real estate investment properties. I still occasionally work with investors looking for B- or C-Class investments, but I specialize in A-Class properties. I take the idea of “turnkey” to heart -- purchasing the homes, renovating the property, placing a reliable tenant, selling the property to an investor, managing the home for the investor, and providing a white glove concierge service to the investor throughout the life of our relationship.

I hope to continue the success I've had in Dallas for many more years, but I'm always looking toward the future with hopes for expansion into new markets. As I always tell my peers, “I'm going to chase whatever the hottest market is.” I finished my presentation at the conference by emphasizing my personal desire to help my clients make money through real estate, just like I have been able to do. I know that I can be successful, but I want to help others be successful too.

Here is a webinar of the presentation I made at the conference:



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