168: Building Hundreds of Homes to Sell or Rent with Cameron Skinner

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 31 March 2016

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today we’re excited to bring you an interview with a savvy investor who’s done over 500 deals — Cameron Skinner. Cameron got his start with new construction spec builds in the late 1990s and due to the changing economy created an interesting twist that we know you guys are going to just love. This episode is packed with incredible, actionable advice that will leave you shouting, “I’m totally going to do that strategy!” In This Episode We Cover: How Cameron got started by partnering with someone Why he started with new construction Can anyone build to rent? How to calculate capex and why it’s important What exactly cost segregation is How to get tax benefits now How many deals Cameron has done so far His experience during the crash What you should know about how lease options work When to seek professional advice regarding the laws in your area How to know your market Downsides of the build-rent strategy Tricks for finding the best contractor How he completed so many deals without picking up a hammer How to keep an “investor mindset” to find the best deals The importance of finding out your skill set Why Cameron has no employees The cost of tearing down a property And SO much more! Links from the Show BiggerPockets Analysis BiggerPockets Calculators BiggerPockets Forums Keyword Alerts BiggerPockets Meet Tax, Legal Issues, Contracts, Self-Directed IRA Forum Category Books Mentioned in this Show The Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han and Matt MacFarland Brandon Turner’s The Book on Investing in Real Estate with No (and Low) Money Down The Richest Man in Babylon by George S. Clason Thou Shall Prosper by Rabbi Daniel Lapin Tweetable Topics: “I’m not worried about 20 years from now because I might be dead — so I want to take the tax benefits now.” (Tweet This!) Connect with Cameron Cameron’s BiggerPockets Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This is the Bigger Pockets Podcast.
0:02.0	Show.
0:03.0	168.
0:05.0	When you think about it, I build, you know, probably 500 homes now and I've never picked up a hammer.
0:10.0	You're listening to Bigger Pockets Radio.
0:12.0	Simplifying real estate for investors large and small
0:15.8	if you're here looking to learn about real estate investing without all the height
0:20.0	you're in the right place stay tuned and be sure to join the millions of others
0:25.0	who have benefited from BiggerPockets.com.
0:28.0	Your home for real estate investing online.
0:31.0	What's going on everybody?
0:32.0	This is Josh Dorkin, host.
0:34.0	To the BiggerPockets Podcast, here with my co-host, Mr. Brandon Turner.
0:38.0	What's up, man?
0:39.0	Not a whole lot today.
0:41.0	What's going on with you?
0:42.0	Not much, man. Let's get into the show yeah
0:44.4	guess what I did I don't care we get in the show I want to tell you what I did you know what I did
0:48.3	I built myself a treadmill desk this week oh yeah that. Yeah yesterday I sat and I walked for 90
0:54.8	looks really safe it is really safe. I worked for 90 minutes on it yesterday
0:59.3	editing the new audio book of the book on managing rental properties I was editing
1:04.3	it yeah I worked 90 minutes standing at my thing I got 10,000 steps in was amazing
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from BiggerPockets, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of BiggerPockets and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.