Nathan Tabor Investor Mindset Podcast EP194

hosted by:  Steven Pesavento

Steven Pesavento

    hosted by:

Subscribe & Listen:

Summary

Nathan Tabor drops by this week and provides some solid advice on how to renovate and manage property units so you can hit the highest returns possible and avoid common pitfalls. 👉👉 Get The Passive Investing Playbook – https://theinvestormindset.com/passive

Nathan is not just a prolific entrepreneur and coach, but also someone with incredible experience in the real estate redevelopment game. If you’re thinking of starting a renovation project, or even if you’re already experienced, this episode is going to improve your knowledge on the subject and give you some amazing advice that you definitely don’t want to miss.

Nathan has successfully founded and operated more than two dozen businesses since 1999, grossing over $150 million in sales. His experience spans the areas of commercial real estate acquisition and redevelopment, automobile sales, direct product sales, web-based marketing, and strategic partnership facilitation.

Over the years, his companies have been honored with many awards and rankings. In 2012, 2013 and 2104 his parent company was ranked by Inc. magazine’s Inc. 5000 as one of the fastest growing small businesses in the United States. In 2014, 2015, and 2016, his real estate management company was listed as one of the largest in the Piedmont Triad.

Hit the subscribe button to join our community and let us know in the comments below: What do you think are the most important aspects of effectively managing a renovation project?

 

KEY TAKEAWAYS

  1. Make sure you understand all aspects that are going to come together on a renovation.
  2. Due your diligence and plan for the known AND the unknown.
  3. Really get micro and make sure you have a solid list of renovation costs.
  4. Make sure you have enough budget to fix potential future problems.
  5. Get help from professionals who can help you through the project.
  6. When analyzing the cost of renovation.. think of the worst case scenario.
  7. Different classes of properties will have different issues and problems. 
  8. You’ll save money if you can hire and manage contractors yourself. 
  9. In the near future there’s going to be more deals coming on the market.
  10. Before getting into a deal think about how much risk vs comfort that you want.

 

BOOKS

The Passive Investing Playbook – http://theinvestormindset.com/passive

 

LINKS

Nathan Tabor on Linkedin: https://www.linkedin.com/in/nathantabor/

Nathan Tabor Real Estate Academy: https://apartments.nathantabor.com/optin-1547128715531884

Learn more about investing with Steven at http://theinvestormindset.com/invest

Join the MultiFamilyMBA and get exclusive free training: http://theinvestormindset.com/mfmba

FEATURED EPISODES

Learn from the smartest minds in business & investing.

lines
Rod Khleif

Rod Khleif

Director at The Lifetime CashFlow Academy, Best Selling Author & High Performance Coach
Kathy Fettke

Kathy Fettke

Co-CEO of Real Wealth Network, Host of the Real Wealth Show & author of Retire Rich with Rentals
Chris Voss

Chris Voss

World's #1 Negotiation Coach, Bestselling Author "Never Split The Difference"
Brandon Turner

Brandon Turner

Cohost of BiggerPockets Podcast, Author and Managing Member of Open Door Capital LLC
David Allen

David Allen

Leading authority in organizational and personal productivity, Author of Getting Things Done
Joes Fairless

Joe Fairless

Host of Best Real Estate Investing Advice Ever show, Co-Founder of Ashcroft Capital

About The Show

What separates those who succeed from failures? Join thousands of listeners who learn the mindset of real estate investing and how to create multiple income streams. From busy professionals interested in passive investing or the real estate entrepreneurs who are primed to scale all come together to learn the mindset of creating financial and time freedom.

The Investor Mindset is a mix of interviews, and solo shows from Steven you’re not going to want to miss. Hit subscribe, and get ready to change your life.

Steven Pesavento

YOUR HOST:

Steven Pesavento

The Investor Mindset Podcast & President VonFinch Capital

Steven Pesavento has always been obsessed with understanding how we can think better, how we can be better and how we can do better. He is an active real estate investor who curates Commercial Real Estate Investments for clients.

5 principles of success

The Top 5 Lessons Learned From High Performing Real Estate Investors

I’ve interviewed almost 100 guests on The Investor Mindset Podcast. They all give their best advice. But what’s THE best advice, and what does it mean for us?