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(592)

EP048 A Surprising & Unexpected Connection to the Past - Buying, Restoring & Renting Historic Homes with John Potter

EP048 A Surprising & Unexpected Connection to the Past - Buying, Restoring & Renting Historic Homes with John Potter

John Potter has built an investment career on buying, rehabbing and leasing historic homes in Grand Rapids, Michigan.  Sometimes while working on these homes he's discovered treasures left behind by t...

12 Joulu 201655min

EP047 How a Snowmobile Accident made him Question Everything about his Real Estate Investing Business, Land Contracts and Buying & Selling Notes with Justin Herrema

EP047 How a Snowmobile Accident made him Question Everything about his Real Estate Investing Business, Land Contracts and Buying & Selling Notes with Justin Herrema

Seven years ago Justin Herrema was in a bad snowmobiling accident that made him question everything about his real estate investing business model.  This questioning led him to become the founder & CE...

5 Joulu 20161h 9min

EP046 Success Breeds Success - Leveraging a Successful Business in Film Production into 26 units and a Property Management Company with Matt Martyn

EP046 Success Breeds Success - Leveraging a Successful Business in Film Production into 26 units and a Property Management Company with Matt Martyn

What is it about Real Estate Investing that would cause a successful business owner in a completely different field to buy three 8-Units and a duplex and start his own Management Company? Today we'll ...

28 Marras 20161h 6min

EP045 Starting From Broke - How to Quickly Make Money without Money in Real Estate with Tom Zeeb

EP045 Starting From Broke - How to Quickly Make Money without Money in Real Estate with Tom Zeeb

Fifteen Years ago Tom Zeeb was broke and looking for a way to raise money quickly. Today he's going to share his Rapid Cash Generation system that allowed him to leave his job and pursue Real Estate f...

21 Marras 201646min

EP044 How a Conversation in a Convenience Store Changed Everything, Owning & Managing Single Family Rentals and Buying & Flipping Foreclosures with Andy Wierda

EP044 How a Conversation in a Convenience Store Changed Everything, Owning & Managing Single Family Rentals and Buying & Flipping Foreclosures with Andy Wierda

Sometimes a simple conversation can create big changes.  Andy Wierda, my guest today, had that experience when he stopped to buy a beer at a convenience store.  What the woman behind the counter said ...

14 Marras 20161h 40min

EP043 How to Double and Triple your Rental Income with Vacation Rentals & Airbnb with Sue Hoyuela

EP043 How to Double and Triple your Rental Income with Vacation Rentals & Airbnb with Sue Hoyuela

Technology and the Internet have created many new ways for real estate investors to increase their income.  Some savvy owners are foregoing tenants all together and turning their rental properties int...

7 Marras 201637min

EP042 What is the Perfect Investment?  Create Enduring Wealth from The Historic Shift to Multifamily Housing with Paul Moore

EP042 What is the Perfect Investment? Create Enduring Wealth from The Historic Shift to Multifamily Housing with Paul Moore

What is the Perfect Investment?  My guest today, Paul Moore has his view on that question, and he feels so strongly about it that he wrote a book called "The Perfect Investment - Create Enduring Wealt...

31 Loka 20161h 14min

EP041 Buy & Hold Investing in Single-family and Multi-family, Buying into a Busted Condo Community, and Transitioning to a 3rd Party Professional Management Company with Bruce Vander Vennen

EP041 Buy & Hold Investing in Single-family and Multi-family, Buying into a Busted Condo Community, and Transitioning to a 3rd Party Professional Management Company with Bruce Vander Vennen

A lot of our listeners in Grand Rapids might know Bruce Vander Vennen as the President of Jack's Lawn Service and Snowplowing.  But what you may not know is that Bruce is also a successful rental prop...

24 Loka 201632min

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