Real Estate Investing Podcast EPM Real Estate

Aaron talks about an influx of new property owners from other property management companies, seeking information about fees, processes, performance, and projections. He reveals the diverse types of property owners, including: Accidental property investors who hold properties due to circumstances like job transfers, divorces, or low return expectations. Seasoned investors who seek growth, and local investors who often prioritize trust and proximity for property management. Overall communication and accessibility challenges with previous property management companies have prompted many investors to switch, seeking a company with a focus on understanding both local and foreign investors' motivations while building trust by setting candid and realistic expectations.
 
Learn more about Enterprise Property Management and EPM Real Estate by visiting the Behind The Curtain Real Estate Podcast website at: https://behindthecurtainpodcast.com
 
Transcript for this episode at: https://propertymanagementmemphis.com/podcast/switching-made-simple-a-fresh-approach-to-property-management/(opens in a new tab)

Aaron Ivey welcomes back Mac from California. They discuss real estate investment opportunities in Memphis. They focus on areas with potential for value addition and share their experiences touring properties. Mack reveals his personal journey into real estate investment after inheriting properties from his grandparents and managing the family's portfolio. He mentions a nontraditional loan product called DSCR (Debt Service Coverage Ratio) that allows lending against the property's cash flow rather than the investor's income. They plan to explore opportunities in the Whitehaven neighborhood and near the airport. The episode includes a story about banks' reluctance to offer nontraditional loans before the real estate market correction.
 
Learn more about Enterprise Property Management and EPM Real Estate by visiting the Behind The Curtain Real Estate Podcast website at: https://behindthecurtainpodcast.com
 
Transcript for this episode at: https://propertymanagementmemphis.com/podcast/unveiling-memphis-gems-uncovering-profitable-real-estate-deals/

Investor Mac flew in from California to check out Memphis and join us on the podcast. Mac has an impressive background in banking and finance, and he's also passionate about real estate. Aaron and Mac discuss their careers and experiences, including the financial collapse and unethical behavior in the corporate world. Mac emphasizes the importance of visiting properties and experiencing them firsthand before making investment decisions. They explore different real estate markets and the advantages of owning properties directly rather than investing in REITs. They also talk about their recent tour of neighborhoods in Memphis and the potential opportunities they discovered. Stay tuned for more episodes where they delve deeper into these opportunities and non-traditional financing.
Learn more about Enterprise Property Management and EPM Real Estate by visiting the Behind The Curtain Real Estate Podcast website at: https://behindthecurtainpodcast.com
Transcript for this episode at: https://propertymanagementmemphis.com/podcast/knowledgeable-mortgage-officer-financing-for-profitability/

In this episode, we discuss the importance of financing in real estate investment and provide advice to investors about why proper financing is essential to ensure profitability and the success of an investment property. A knowledgeable mortgage officer will be the key to finding the right financing options based on the investment goals. It is essential to prepare a detailed plan that considers cash flow, rate of return, and desired outcome, to establish a focused goal for selecting properties as an investment. Working with a property manager who can identify properties that are likely to generate a profit and can help by weeding out problematic properties; a property manager helps save time and effort for buyers.
Learn more about Enterprise Property Management and EPM Real Estate by visiting the Behind The Curtain Real Estate Podcast website at: https://behindthecurtainpodcast.com
Transcript for this episode at: https://propertymanagementmemphis.com/podcast/banking-finance-real-estate-memphis-tour-investment/
 

Jo Garner joins Aaron Ivey in discussing the current state of the mortgage industry and the opportunities for real estate investors, with the rise in non-traditional types of lending. How has the market changed compared to a year ago, with interest rates going up and house prices stabilizing? They note that there used to be a lot of competition from big hedge funds buying properties, but that has decreased, potentially presenting an opportunity for individual investors to purchase properties and create a positive cash flow. They discuss different types of loans, such as traditional financing and non-traditional financing. Traditional loans require a good credit score and typically a 20% down payment, while non-traditional loans, like the DSCR loan, focus on the rental income of the property and have less strict requirements. The non-traditional loans may have higher interest rates but allow for more flexibility, including buying properties under an LLC. Overall, the conversation highlights the changing mortgage landscape and the various financing options available to investors.
 
Learn more about Enterprise Property Management and EPM Real Estate by visiting the Behind The Curtain Real Estate Podcast website at: https://behindthecurtainpodcast.com
Transcript for this episode at: https://propertymanagementmemphis.com/podcast/unlocking-the-secrets-of-non-traditional-lending-a-game-changer-for-investors/

Memphis Rental Market Needs Affordable Move-in Ready Properties; Investors Explore Alternative Loans
As the Memphis rental market experiences increased demand for affordable, move-in ready properties, and investors are exploring alternative loan options to adapt to the current economic climate, we discuss how rents and property prices are stabilizing, benefiting tenants, and allowing homeowners to assess property values accurately. Some expensive areas might see home values go down, while middle-income and lower-income properties should stay stable. Investors who focus on these properties can expect less risk and steady rents in the future.
The 1% rule is helpful for buying properties, but it's not perfect. It's important to consider the money coming in and going out of a property. We talk about the rental market in Memphis and different types of investors and why middle-income housing is in such demand. Enterprise Property Management has implemented several changes, which will be discussed in future episodes. Notably, there is an excess of staff in customer service due to the economic slowdown, leading to considerations about the surplus of employees. In terms of operations, PropertyMeld, a web-based service, has improved communication and streamlined maintenance requests within our organization. Finally, we discuss the number of empty properties and how we focus on finding good tenants to make homeowners happy.
 
Visit us online at https://propertymanagementmemphis.com/