AREI 84: Owner financing, the current market, & the Pan-Am highway with Eric Nelson
In this episode, Eric Nelson shares his insights on owner financing, the current market, & the Pan-Am highway. Join us and listen in!
Eric Nelson is the Founding Principal of Wild Oak Capital. He has been investing in real estate for over ten years. As a co-owner of a civil engineering firm, Eric's range of skills suits the field of syndication and real estate on both the technical and client relations sides. He is also the host of The Real Estate Mindset podcast, where he discusses with industry leaders what it takes to be a successful investor based on continuous personal and professional growth.
For today's episode you will learn:
[00:00 - 01:09]
• We welcome Eric Nelson to the show.
[01:10 - 09:15]
• Eric Nelson's brief background on how he and his wife started in real estate investing.
• The Six-Plex for a million dollars in Colorado.
• Why being Kind also works in closing those deals.
[09:20 - 12:42]
• How Eric was able to close another tri-plex through owner financing.
• Best way to describe Owner Financing to someone who has no idea what it means.
[13:47 - 13:39]
• Eric on current interest rates in the current economy and how it's affecting their investment strategy?
• Why raising rents at a 100% rate may get you a little more income but would hurt your residents.
[13:55 - 19:41]
• What made her move forward to hosting properties and decorating them while being a real estate investor?
• Medium-term rentals and what's the difference?
• Regulations and where does she advertise medium-term rentals?
[24:48 - 27:30]
• Asking Eric why is multifamily such an excellent hedge against inflation?
[27:33 - 31:15]
•Closing Segment
• Asking Eric Nelson the Adventurous Four
Memorable Quotes:
"Sometimes the sales technique works, sometimes just being nice works, It's like just be kind and that's a huge benefit as well." -Eric Nelson
Explore more. Adventure awaits.
