Latest / Financial Survival Network / Rent to Retirement - Real Estate Investments - Zach Lemaster #6015

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Rent to Retirement - Real Estate Investments - Zach Lemaster #6015 · Financial Survival Network

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  Right. Inflation is real and cost of living goes up as populations grow.
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  But there's still I mean, there's still a lot of relatively affordable areas.
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  I mean, one thing carry that we try to do is in our new
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  construction single family and multifamily, we try to be below the median house price
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  point. You are listening to Carrie Letz's Financial Survival Network, where you get
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  valuable information you just can't find anywhere else to thrive in today's trying times.
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  You need the Financial Survival Network now more than ever. Go to Financial Survivalnetwork
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  dot com and get your free newsletter and gift. Financial Survival Network now more
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  than ever, and welcome. You are listening to watching the Financial Survival Network.
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  I'm your host, Carrie Lot's say. We're getting right at the end
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  of February here early two more days to go. Since this is a leapy
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  year. And if you don't understand the concept of leap here, well I
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  can explain it to you. You just have to send me an email kl
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  at Carrie dot com. Right now, Zach LeMaster is with us, and
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  well, Zach your concept here. You've been doing it for a decade.
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  Rent to Retirement dot com So how does this work exactly? Yeah, thanks
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  for having me on, Carrie. So, Rent Retirement is the nation's largest
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  turnkey investment company and turnkey provider. Essentially, what we do is we identify
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  the best investment markets across the country based on a whole plethora of criteria such
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  as you know, areas that have population and economic growth. We want to
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  be in areas that have landlade friendly legislation, low taxes. As you and
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  I were talking all the things. You know, Flora's one of our best
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  markets. Obviously you're familiar with Florida. We want to be in areas where
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  people can make a good investment, have positive cash flow, appreciation, all
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  the good things. But what we do specifically is we identify markets throughout the
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  country where there's investment opportunity and we build our local teams and system in those
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  areas to offer a turn key investment products turn key real estate product to our
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  end investors. So this means that we are building new construction houses and sometimes
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  rehabing them, leasing and managing them for our investors to help them buy a
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  portfolio and build a portfolio in attractive markets throughout the country. So regardless of
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  where they live or where they're currently investing or wanting to invest. They get
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  immediate access to the best deals across the country where we are handling everything for
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  them. They're not having to handle property management, et cetera, et cetera,
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  while they can passively grow their real estate portfolio in the best markets.
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  Hey, so I take it to you not investing or selling anything in New
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  York right, Well, some of our coastal Yeah, some of our coastal
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  states could be an attracted place to live for one reason or another, but
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  not a super attractive investment market. You know those We have a lot of
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  people that live in New York, California, you know, the coastal areas
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  that invest with us simply because they're a local real estate doesn't make sense right,
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  or it's too expensive so okay, for a number of other reasons,
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  like the supermarkets might run out of food shortly, the truckers have their way.
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  But we don't talk about politics, but we do talk about investment to
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  you know, factors in what would make you want to invest one place and
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  not another, and the rule of law being under attack and the investors being
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  singled out. You know, governments need money and they look at people with
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  who have money is a immediate source of funds through an excessive taxation regulation,
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  et cetera. So what's your favorite market these days? Man, favorite market?
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  I think for me it would vary. I mean, each each person
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  has a different market. We try to match the investor with the right market
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  that is congruent with their goals. Right, So what I what I say
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  may not be the absolute best case for each individual investor, but I certainly
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  like the Southeast in particular. We work heavily in Florida. Florida's probably I
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  mean, our top market. We're doing a lot of new construction. Specifically
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  speaking, we focus in south west Florida and also sub markets around Orlando.
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  To be even more specific, Pole County, outside of Orlando is one of
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  our best markets. Where Orlando is very expensive, very regulated, and sometimes
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  it's hard to make the numbers work. We work in a lot of times
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  these what we call secondary markets, where for example, in Pole County,
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  you're accessible to Orlando within twenty thirty miles, but the home prices are a
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  fraction of the cost of what it would be in Orlando, but rents are
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  still relatively high. So all that being said, there's a lot of opportunity
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  there because you can sell positive cash flow, you have affordable houses. People
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  are moving to these areas simply for affordability, and we work across the country
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  in markets just like that. But hey, so Florida, I happened to
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  live here. You know, when I got here twelve years ago, compared
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  to New York, it was very cheap. It's not so cheap anymore,
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  is it. Yeah, I mean it's it's all relative, right. Inflation
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  is real, and cost of living goes up if populations grow. But there's
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  still I mean, there's still a lot of relatively affordable areas. I Mean,
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  one thing carry that we try to do is in our new construction single
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  family and multifamily, we try to be below the median house price point for
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  that geographic area, and nationally, the national meetiing house price point is four
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  hundred and eight thousand right now, So we try to build in that two
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  fifty to three fifty range where you can get a nice four bedroom house that
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  would rent out at you know whatever, twenty eight hundred to thirty two hundred
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  dollars a month in rent to allow you to still actually cash flow on that
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  house and be positioned for growth both in rents and home prices over time.
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  So those are the areas that we look for. Okay, So what kind
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  of returns can you get on these properties depends what your financing looks like.
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  I would say a vast majority of our investors are buying with the conventional twenty
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  percent down or twenty five percent down loan, where they can probably expect anywhere
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  from an eight to twelve percent cash on cash return. That's not factoring in
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  all the other benefits of real estate such as appreciation, debt reduction, tax
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  benefits, et cetera. I mean that's on average. We do have some
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  unique creative financing options. For example, we have a investor loan product where
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  someone can buy up to five investment properties with as little as five percent down.
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  That's not a conventional loan, that's a portfolio loan structure specifically for investment
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  properties. And when you do creative things like that, I mean LUs money
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  put down on investment, the higher or ROI is. So we do have
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  some unique things where people get into the twenty or thirty percent potentially, But
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  it all depends on what your goals and strategy is. Okay, So what
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  is your typical investor, the people that are attracted to turnkey investing. I
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  mean, when you think about turnkey, you're basically buying a real estate deal.
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  You're one hundred percent the owner of it. So we're not like pooling
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  capital or raising capital to go out and do our own projects and keeping part
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  of the equity like you're one hundred percent of the owner of the property.
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  We're just handling everything for you. So it could be a hands off investment.
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  I think that really caters to and attracts two investors that are you know,
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  they're high paid professionals, they have dispolital capital, they want to invest.
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  They don't want to be full time real estate investors or property managers.
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  This is a way for them to easily access deals. If you're a brand
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  new real estate investor and you need some assistance on you know, in starting
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  to learn how to invest in real estate, where you don't have to make
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  the common pitfall the mistakes that many people do when they start. It's a
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  great way to start investing in real estate. And we also have a lot
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  of people that just simply, as we talked about before, live in expensive
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  markets. This is an easy way for them to scale and diversify into other
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  markets where maybe there's better opportunity. I mean, that's really what it's about.
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  We hear about location, location, location, right, and investing in
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  real estate, But I mean our our goal, our mission statement at rent
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  retirement is to make the best deal across the country accessible to everyone and handle
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  everything for them to be a passive investment, which makes a lot of sense
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  a passive Uh. But problems happen. You have tenants, unexpected repairs.
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  How do you handle that? Yeah, so this is still real estate,
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  right, I mean you're still you're still housing people. No investment comes without
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  risk. And I use the term passive loosely because I personally feel there is
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  no such thing as fully passive income. You always need to be at least
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  managing your money and being conscious of how you're investing in how your investments are
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  performing. But I mean, real estate things come up, right, Yeah,
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  it's a numbers game. You have enough enough property, you have tenet
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  issues, you have repairs. The thing is about having systems in place where
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  things can be handled for you, having management in place to do those repairs
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  when you need to deal with the tenant issues. It's all part of real
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  estate and those things happen, but though that doesn't necessarily mean that you need
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  to be the person dealing with that, right, So that's just it's a
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  big part of what we do as educating people. If you're a brand new
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  investor, if you're a brand new investor out of state looking at some of
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  these markets, there's a lot of stuff to know. It can seem daunting,
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  but as long as there's systems and processes in place where we have an
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  established team in that area, you can tap into that immediate team, and
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  you know, I think have a higher propensity for success and potentially doing it
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  on your own. Okay, so what does it take to get started in
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  one of these deals if you're interested? I mean, the first thing to
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  do is set up at a consultation with our team. We have an excellent
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  team of investment strategists that are here to solely learn about your goals and strategy
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  and then help give you guidance on what are the right markets that fit your
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  goals, How do we help you accomplish anything that you need to what are
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  the best financing options available to you? So the first step is to set
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  up a consultation with our team. You can visit our website to do that
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  and learn more about us. That's rent to Retirement dot com. Rent too
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  Retirement dot com. If you're listening to this in the car, you can
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  text r EI two three three seven seven seven and get set up with our
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  team. But the first thing we want to do is have a consultation with
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  you, learn about your goals and strategy, give you some action steps on
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  things you need to do to get set up, and then ultimately identify a
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  property in the market that fit your goals and invest in that property. Right,
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  this is a normal real estate transaction. You have you can use whatever
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  financing you want. We have many creative financing options for you and some of
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  the best lenders across the country that you get immediate access to. You put
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  the property on a contract, you go through normal due diligence, just like
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  you would with any property, buy appraisals, inspections, your title work.
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  You know. That process usually takes about a month, and then you close
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  on the property and we get you set up with property management to basically facilitate
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  the management long term and to understand what owning real estate long term looks like.
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  All right, very interesting, Well, Zach appreciate you coming on the
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  show. And real estate has been doing quite well in spite of the weak
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  economy at large, so that's something you always got to think about, right
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  And Hey, got any questions comments for myself or for Zach, just give
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  us a call, drop us an email, I should say kl at Carrie
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  LUTs dot com. Make sure you go to the site. You get the
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  link right to Zach's site and you can sign up for a free newsletter Financial
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  Survival Network dot com. Zach, thanks so much for stopping by. It
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  been a pleasure. Thank you, carry thanks for listening to Carrie Letz's Financial
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  Survival Network. Your solution to today's trying times. For the latest, go
• 11:50
  to Financial Survivalnetwork dot com. Financial Survival Network now more than ever clus