Jun 30, 2019
Lane Beene is with Pilot Properties and owns almost 700 apartment units. This recently retired Lt. Colonel graduated from the Air Force Academy and flew combat F16’s for over 28 years. Less than 15 years, he started with one single family home and turned that into a large multi-million dollar apartment...
Jun 25, 2019
Michael owns over 5000 apartment units and he still uses an independent 3rd party property management company to oversee his portfolio. Michael discusses the reasons why he doesn’t self manage. Also, Michael examines what an apartment ASSET MANAGER does for the partnership.
Jun 24, 2019
In the Midwest, around this time of the year, many apartment owners face the risk of bad weather that can destroy your asset. Darwin German’s 161 unit apartment building was recently hit by a tornado. It destroyed the roof on two buildings and affected 14 units. Fortunately no tenants were killed or hurt. We discuss...
Jun 17, 2019
Bruce and Stephanie Petersen have purchased over a 1000
apartment units in the last few years, but they would not have done
it unless they had a mindset change. The change was from being a
W-2 employee to a real estate entrepreneur investing in
For over 18 years, Bruce was a hard worker in retail sales;...
Jun 16, 2019
Mike discusses a large line item expense…property insurance. After property taxes and payroll, property insurance is an every increasing expense that sponsors must recognize sooner than later.