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Ken McElroy Show

How to rehab properties and manage contractors like a pro…

Ken McElroy Show

Ken McElroy

Education, Business News, Business, Investing, News

4.7712 Ratings

🗓️ 17 February 2022

⏱️ 56 minutes

🧾️ Download transcript

Summary

In this episode Van Strugeon talks about how to rehab properties and manage contractors like a pro. He provides 5 key ideas for finding and managing contractors for your next home purchase, rehab or investment property.Join Danille on February 23rd for Tips and Tricks to Airbnb your property. Sign up here: https://kenmcelroy.com/webinarWant to ask Ken a question or have him look over a deal? Sign up for a Premium Membership: https://kenmcelroy.com/premium/Ken's new Master Course is LIVE! Looking to buy your first rental property or grow your investments? Click here to purchase Buying Your First Rental Property: https://kenmcelroy.com/rental-property-master-course/Gain access to weekly real estate updates, mini-courses, sample forms, and more by signing up for a FREE Membership: https://www.kenmcelroy.com/free-memberVisit Ken's Bookstore: https://kenmcelroy.com/books/•ABOUT KEN:Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor. With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. This channel is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income.    Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.Ken's company: https://mccompanies.com/• DISCLAIMERS: Any information or advice available on this channel is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this channel. Consult a financial advisor or other wealth management professional before you make investments of any kind. Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this channel are accurate and up-to-date, all information contained on it is provided ‘as is.’Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this channel. Any links to other websites are provided only as a convenience and KenMcElroy.com, LLC encourages you to read the privacy statements of any third-party websites.All comments will be reviewed by the KenMcElroy.com staff and may be deleted if deemed inappropriate. Comments which are off-topic, offensive or promotional will not be posted. The comments/posts are from members of the public and do not necessarily reflect the views of Ken McElroy and his affiliates. © 2021 KenMcElroy.com, LLC. All Rights Reserved.#kenmcelroy #realestate #realestateinvesting

Transcript

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0:00.0

Welcome to the Real Estate Strategies podcast, where we host in-depth conversations on everything

0:07.8

real estate with the industry's biggest movers and shakers. I'm your host, Ken McElroy, joined by my

0:13.9

co-host, Daniel. Let's get right into this episode. Hey, everybody, it's Ken and DeNeil.

0:19.0

Hello. And we're here with Van Sturgeon. I'm excited to have

0:22.5

Van on because he's like one of, he's like an old guy like me. Like like, you know, he's been through

0:28.0

it ups and downs. He's had lots of success. He's had land developer, home builder, general

0:33.6

contractor, restoration, property management.

0:40.3

Anyway, Van has seen a lot.

0:42.6

And we're going to go all over the place today.

0:49.5

But we're going to talk a little bit about scale because I think a lot of investors are always trying to figure out how to scale.

0:53.2

I mean, we just, we had somebody in here today actually asked that exact question.

0:55.0

It's a hard thing to do. It's easy to go out and buy something, raise some money, yours, somebody else's, and do that.

0:59.5

But then to actually build a business around it is not easy.

1:03.7

And Van lives in Chicago, Toronto, Miami, a semi-retired.

1:08.6

Welcome to show, Van.

1:10.2

I thank you very much, Ken, Danielleiel for uh having me i've been looking

1:13.3

forward to having this chat with you guys so uh i'm looking forward to it so let's get into it

1:18.6

yeah let's let's let's uh let's first talk about um you know how you got started because i

1:24.1

everybody knows my story but i'd love to know yours well I uh my parents are

1:29.8

immigrants uh I'm a product of the late 60s and uh they we lived in a one bedroom apartment

1:35.7

with the whole family with along with my younger brother in Chicago and north side of Chicago

1:40.2

and um my parents had aspirations to like every, every American to have their own little

...

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