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)

EP426 How Build-to-Rent is Solving the Housing Crisis with Bethany Finch

EP426 How Build-to-Rent is Solving the Housing Crisis with Bethany Finch

Today we're going to discuss the build-to-rent model. Build-to-rent, also known as BTR, is an emerging trend that has been gaining significant traction in recent years. It involves the construction of...

26 Helmi 202429min

RPOA Special Speaker Announcement – Ryan Kilpatrick

RPOA Special Speaker Announcement – Ryan Kilpatrick

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EP425 How to Invest in Laundromats with Sam Wilson

EP425 How to Invest in Laundromats with Sam Wilson

Today we're going to talk about investing in laundry facilities. This is a unique asset class with a huge potential for success, yet few understand how to gain entry into this type of investment. Sam ...

19 Helmi 202432min

RPOA Special Speaker Announcement - Maria Giordano

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We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the Devos Place confe...

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RPOA Special Speaker Announcement - Katie Johnson

RPOA Special Speaker Announcement - Katie Johnson

Hello everyone, we have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the D...

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EP424 Where to Find Apartment Loans That Pencil Out With Maxwell Wu

EP424 Where to Find Apartment Loans That Pencil Out With Maxwell Wu

One of the consequences of the rapid rise in interest rates over the past year and a half, has been the difficulty in finding suitable loans for commercial real estate. There's just not enough funds a...

12 Helmi 202427min

RPOA Special Speaker Announcement - Kate Stoermer

RPOA Special Speaker Announcement - Kate Stoermer

We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the Devos Place confe...

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EP423 What is Preferred Equity with Paul Moore

EP423 What is Preferred Equity with Paul Moore

Over the past year and a half, the unprecedented rise in interest rates has had many ripple effects across the commercial real estate investing world. These ripple effects have put many investments th...

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