0:00 Rookie Podcast Intro
0:12 Pre-show with Ashley and Tony
1:32 Interview with Kevin Christensen
3:58 First deals
8:22 Getting into REI
13:07 Subject-to deals
24:58 Managing his properties
32:51 Working on your business
35:29 Full-time employees
47:07 Rookie deal analysis
1:06:20 Rookie Request Line
1:09:38 Random Questions
1:16:23 How to contact Kevin
1:19:34 Video Recommendations
Real estate investors are very busy people, and often, rookie investors become busier than ever as they’re learning the tricks of the trade. Kevin Christensen is no different, he works a full-time job, runs a retail store with 5 locations, and self-manages his long and short-term properties, all while doing some handyman work himself!
As a United States Marine, Kevin was used to the “improvise, adapt, and overcome” mentality, which has served him well in his investing career. Kevin only started actively investing in real estate around 2 years ago, but has so far done 18 deals, won a lawsuit, and hired two full-time contractors for his properties. He runs a very tight ship, and doesn’t let much slip through the cracks.
Kevin’s secret to success is centered around just being himself: work hard, be kind to others, and focus on customer service. As you’ll hear in the episode, Kevin was able to get a $350,000 house reduced to $190,000 simply by listening to the seller’s needs and being courteous throughout the transaction, something that the other wholesalers in his area failed to do.
If you’re interested in subject-to properties, it will serve well to heed Kevin’s advice. He was sued in the middle of a subject-to deal while renting out a house as a short-term rental. Kevin walks through exactly why the sellers were suing, how he protected himself, and how he pulled in $14,000 of revenue in only around 2 months!
You’ll probably hear Kevin on the BiggerPockets Real Estate podcast soon, because even though he’s a rookie in years, he’s a pro in experience!
How to contact Kevin:
Connect with Kevin on BiggerPockects – https://www.biggerpockets.com/users/KevinC450
Follow Kevin on Instagram – @Diyrealestateinvesting
Follow Kevin on Facebook – Facebook.com/marine2banker
Connect with Kevin on LinkedIn – http://linkedin.com/in/kevin-christensen-730357190
Check the full show notes here: https://www.biggerpockets.com/rookie51