
Tapping into the Southern Market with Kurt Buchert
About this episode
Kurt Buchert has many rentals across several markets including Florida and Colorado. He is strategic in his investing in that he not only has rentals in areas that are key lucrative areas but areas where he personally wants to utilize the home as well. Kurt is an experienced investor who has rentals both that he purchased as-is as well as those that he constructed himself, both large and small units, as well as units that were purchased using a variety of loan techniques. Regardless of the specifics of a rental, Kurt is an expert across the board
Avery speaks with Kurt about the intricacies of all of the units he operates and the key decisions he made for his rentals that contributed to his great success. Kurt gives a detailed description of the key factors in his rentals that make them marketable, whether it is more general like location or size to specifics like the presence of a porch swing. Avery and Kurt also discuss the many forms of loans and how to use them, as well as the intricacies of requesting loans from friends and family members. In addition, Kurt discusses the value of getting into the real estate world and the perks of having mentors to support you along the way in your rental investment journey.
Key Topics
- How to make money through arbitrage
- Investment of using your STR for personal purposes
- Intricacies of operating a rental in Florida
- Perks and difficulties of constructing your own STR
- Differences between being a listing agent on new property vs existing listing
- Benefits of small homes vs large ones
- Benefit of natural shade and porches in warmer rentals
- Tips on different types of loans
- How to pitch to a loan to friend or family member
- Value of just getting into the real estate world
- Value of mentorship
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