019 Over 100 Rental properties, over 3,500 deals done, with Nate Armstrong

Do you feel like you’re never going to be able to get into real estate investing? Today’s interview should be a very encouraging episode for you. Nate Armstrong was working at Target and watching fix and flip TV shows when he decided to get into real estate. He was excited to flip a house himself so he financed his first deal on a credit card and with a bank loan. From that point on he ended up buying over 100 rental properties and being part of 3,500 real estate deals with his flips and turn-key properties. Listen to Nate’s entire story on this episode of The InvestFourMore Podcast.

Can you really learn how to do real estate investing using the free materials available?

Sites like InvestFourMore (this site) and many others post tons of blog posts, videos, audio blogs and other resources to help new investors learn how to do the real estate investment game the right way. That’s exactly how Nate Armstrong, learned how to do real estate investments himself. You can learn a lot if you’ll simply take the time to find the resources and soak up all you can. But don’t take too long in the learning process. There are elements of the investing process that you’ll need to learn “on the ground” as you do investments because of the unique issues relating to your particular market. Hear how Nate took advantage of the free resources available to maximize his business quickly on this episode.

What is a turn-key rental property?

Nate Armstrong, today’s guest on the InvestFourMore podcast, is an expert at turn-key properties. His company finds, repairs, and rents properties that will produce good cash flow for a person desiring to be a landlord. That’s the basics of what a turn-key property is. You buy a property, get it fixed up, find renters, then sell it to an investor. Often the margins on this sort of deal can be better than wholesaling, because your end purchaser doesn’t need the same equity spread as a typical investor, because it’s going to be a cash flow property for them. Nate’s got a ton of good information to share on that segment of the real estate investing market for you, so be sure to listen.

[tweetthis]Turn-key property margins could be better than fix and flips. Find out how[/tweetthis]

Commercial Rentals can be a great big cash cow!

Commercial rental property can be a great investment if you know what you’re doing. Nate Armstrong, recommends that you not get into commercial real estate as your first rental deal. There are lots of variables that you need to learn before you will be able to handle a commercial deal. But once you’re ready the advantages can be awesome! For example, many commercial leases can be set up with large corporations which makes the payment of rent consistent and reliable. You can also set longer term leases which gives you dependability on your cash flow. In this episode Nate shares a lot of knowledge about commercial properties, so be sure to listen.

How to vet local banks for out of state investors.

A large part of Nate Armstrong’s business is done with out of state investors who want to buy one of his turn-key properties. His strategy is to build good relationships with local banks that are near the property the investor wants to purchase and find out if they will work with the investor. How does he do that? He’s got a series of 5 questions he asks the banker to know if it’s going to be a good fit all around. Want to know what those questions are? You’ll have to listen to this episode of The Podcast!

[tweetthis]How to discover if a local bank will work with an out of state investor[/tweetthis]

OUTLINE OF THIS EPISODE

• [1:01] Welcome and introduction of Nate Armstrong, an investor and real estate expert.
• [1:57] From working at Target to flipping houses. How did that happen?
• [4:21] How Nate utilized the free resources on the internet to find out how to do fix and flips and investments himself.
• [6:03] Life lessons from being taken in a Ponzi Scheme
• [7:14] Nate’s thoughts about the new world of real estate.
• [8:20] Nate’s next steps after he was taken for a ride and how he turned to rentals.
• [11:02] How Nate has decided to focus on turn-key properties and how it works.
• [15:57] How does it work for someone outside the U.S. to buy properties in the U.S.?
• [18:49] How do you pick the markets where rentals and turn-keys would be good?
• [21:15] How much do taxes play into the place you choose to buy rentals?
• [23:11] How many rental properties does Nate have?
• [24:11] Tips for finding private money investors to finance your properties.
• [28:50] Nate’s goals for the next step in his business.
• [30:06] How Nate keeps his commercial rentals going in a way that profits him.
• [31:30] Nate’s secret to direct mail pieces.
• [34:12] How would you go about working with Nate to buy a turn-key property.
• [36:40] Financing turn-key properties: How do you do it?
• [38:09] Questions Nate asks local banks to discover if they will work with out of state investors.
• [41:51] How to buy properties with a self-directed IRA.
• [43:08] Nate is looking for private money investors…
• [44:00] The best way to get in touch with Nate.
• [44:29] Nate’s final advice to anyone wanting to do real estate investors.

LINKS IN THIS EPISODE

www.REGoldrush.com – Nate’s website.