EP275 Teaming Up to Rehab and Restore Downtown Duplexes with Mark Roys and Katie Lovley

EP275 Teaming Up to Rehab and Restore Downtown Duplexes with Mark Roys and Katie Lovley

When you are beginning down the real estate investing path, one of the first things you have to decide is whether you're going to go it alone or bring in a partner. Today we're going to talk with two talented investors who decided to combine their strengths in order to encounter the ups and downs of rental rehab together.

Mark Roys is a retired Navy Civil Engineer Corps officer who served 20 years in over a dozen locations around the world, he's also been involved in commercial construction and software development.

Katie Lovley is a Real Estate Professional with Bradley Company specializing in Commercial Real Estate and Residential Rentals.

Together Mark and Katie have created WSB Properties right here in Grand Rapids Michigan where they purchased their first dilapidated 2-unit in 2018 and have since developed a portfolio of rental units using creative financing and a lot of sweat equity.

Today Mark and Katie are going to share the story on how they decided to team up, the late nights and weekends spent on their first rehab, how they came close to running out of money, why they brought in investors, and the creative arrangement they struck with a next-door homeowner who wanted them to rehab his property as well.

I know you're going to get a lot of great information out of this conversation with Mark and Katie. You can contact them through email at wsbpropertiesllc@gmail.com

Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.

https://www.livegreenlocal.com

And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and medicare benefits.

https://www.rcbassociatesllc.com

Jaksot(591)

EP442 Megatrends in Real Estate Investing with Kurt Carlton

EP442 Megatrends in Real Estate Investing with Kurt Carlton

Today we're going to talk about some of the major trends that will affect real estate investing over the next decade. We all know there's a housing shortage in the U.S., but how does this offer local ...

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EP441 Financial Freedom by Spending Just One Hour a Day on Real Estate with Sharad Mehta

EP441 Financial Freedom by Spending Just One Hour a Day on Real Estate with Sharad Mehta

My guest today is a real estate investor with over 700 closed deals under his belt. He primarily invests in single-family homes, and his superpower is being able to manage his entire real estate busin...

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EP440 Zombie Loans Are Back with Shante Duffy

EP440 Zombie Loans Are Back with Shante Duffy

After the housing crash in 2008, millions of struggling homeowners asked for loan modifications with their lenders. Many of these homeowners were relieved to find out that their lender was willing to ...

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EP439 What the Next Ten Years in REI Looks Like with Nic DeAngelo

EP439 What the Next Ten Years in REI Looks Like with Nic DeAngelo

My guest today has two foundational beliefs – Wall Street is broken and real estate is the cure, and economics tells the future. Nic DeAngelo asset manages a $206 million portfolio and fuses economic ...

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EP438 Investing In Boutique Hotels and Resorts with Jeremy Garcia and Alex Jarbo

EP438 Investing In Boutique Hotels and Resorts with Jeremy Garcia and Alex Jarbo

We recorded this exciting panel on boutique hotels and resorts at the recent 2024 Midwest Real Estate Investor Conference. As the host of this podcast, Brian Hamrick doesn't often have the opportunity...

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EP437 Mid-Year Economic Update with Dr. Paul Isely

EP437 Mid-Year Economic Update with Dr. Paul Isely

Everyone is paying close attention to the Federal Reserve and wondering when they will begin lowering interest rates. The lower-than-expected jobs report from two weeks ago certainly got people excit...

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EP436 From Homeless to $100M with Dustin Gutkowski

EP436 From Homeless to $100M with Dustin Gutkowski

My guest today was able to overcome incredible challenges to build a $100 million roofing company, and today he shares his inspirational story. Dustin Gutkowski overcame homelessness at the age of 14 ...

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EP435 Triple Your Rental Income with Student Housing with Ryan Chaw

EP435 Triple Your Rental Income with Student Housing with Ryan Chaw

My guest today became a millionaire at the age of 28 by cracking the code on student housing. Ryan Chaw figured out how to double and triple his rental income with his co-living and student housing in...

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