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Real Estate Investing for Cash Flow with Kevin Bupp

#316: Getting Started, Doing it All, Pandemic Impacts, and So Much More! -with Darin Garmin

Real Estate Investing for Cash Flow with Kevin Bupp

Kevin Bupp

Investing, Education, Business

4.8679 Ratings

🗓️ 30 March 2021

⏱️ 45 minutes

🧾️ Download transcript

Summary

Darin Garman is the president of Heartland Investment Group. 

Darin is a published author, former bank owner, and currently owns and manages a $50+ million-dollar portfolio. He is widely recognized as one of America's top "Go to Guys" for all things multi-family investing. His experience spans more than 30 years and is hyper-focused on investments in the Heartland region of America. 

Quotes: 

"What I tell people when they're trying to get into their first investment properties, is I really encourage them to do a lot of the management themselves. At least for maybe the first year or two. Because, after you do that, to your point, the experience is invaluable in knowing what you need to know to be a really good manager/owner/investor moving forward. " 

"There is not going to be any such thing as a perfect property. Even the most perfect property you look into buying, you will find a surprise or a few surprises here and there. However, you also want a certain set of criteria. That criteria isn't necessarily etched in stone that you can't waiver from that at all, but on the other hand you just can't waiver from it too much just to get a deal done." 

Highlights: 

1:34- Darin shares his background and how he found himself in real estate 

7:35- Darin talks about the benefits that he gained long term from doing every job in the beginning  

10:28- Darin gives his opinion on how the pandemic will impact the office space 

12:44- Darin shares pricing differences he's seen in his area in multi-family housing since last April 

20:05- Darin talks about the most challenging deals he's had 

Guest Website: 

 

Transcript

Click on a timestamp to play from that location

0:00.0

You've been searching for the best way to generate passive income in your life

0:06.6

and heard that real estate is a great way to do it.

0:09.4

But you're tired of all the so-called gurus who are all talk and no substance.

0:15.3

Get ready to celebrate because Kevin Bup has spent 14 years successfully making it happen.

0:21.6

This is the Real Estate Investing for Cash Flow podcast.

0:25.2

Now, here's Kevin Bup.

0:30.7

Hey guys, Kevin Bup here, and I want to welcome you to another episode of the Real Estate

0:34.5

Investing for Cachflow podcast, where mission is to help you build and

0:37.8

maintain massive amounts of cash flow through income producing real estate investments.

0:43.4

Our guest for this week's show is president of Heartland Investment Group, Darren Garman.

0:47.9

Now, Darren is a published author, former bank owner, and currently owns and manages a $50-plus

0:53.0

million dollar portfolio. He is widely

0:55.3

recognized as one of America's top go-to guys for all things multifamily investing. His experience

1:01.3

spans more than 30 years and is hyper-focused on investments in the Heartland region of America.

1:07.1

So with that, guys, I'm excited to welcome back Darren Garman to the shows. Darren, how you doing, buddy?

1:12.0

Hey, I'm doing great.

1:13.6

It's good to hear your voice, Kevin.

1:16.8

Good to be talking to you today, buddy.

1:18.7

Yeah, no, excited to have you back here.

1:20.3

I look back.

1:20.9

It was about five years since we last talked.

1:23.1

And as we know, a lot can happen in five years span of time.

...

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