Directly Owned Rental Properties with Sean Tagge of MIP
Gary had the opportunity to sit down with Sean Tagge and discuss all the benefits of owning rental properties. They discuss why rental properties are essential when it comes to wealth creation and how it's much easier than most people make it out to be. Also, they get into Gary’s 10 years of experience owning rental properties in Memphis through Sean Tagge's Team. Highlights Talking about current events - 4:30 Question the things that just do not make sense - 7:04 Seeking peace - 9:24 Life is not just about you - 9:45 Reviewing the votes - 12:46 Trump’s impeachment - 14:15 Starting to buy properties in 2011 - 20:07 Moving money to real estate - 20:35 A safe place to put money - 23:01 Where to invest - 30:14 Whole life insurance policies - 33:23 How Gary helps other investors - 34:09 The most important asset is us - 37:10 Building a solid foundation - 39:49 Links and Resources from this Episode Connect with Gary Pinkerton https://www.paradigmlife.net/ email@example.com https://garypinkerton.com/ Connect with Sean Tagge firstname.lastname@example.org https://youtu.be/tlseB9-YCJ
124-Unit Shelby Pointe Townhomes In Memphis, TN With Sean Tagge, Multifamily Investing Expert
Multifamily Investor Nation
Sitting down in Whitehaven, Memphis, TN is a 124-unit multifamily property called Shelby Pointe Townhomes, which has recently been purchased by Memphis Investment Properties in May 2020. Walking us through the acquisition and due diligence process of this deal is the company’s VP of Operations, Sean Tagge. Starting out in real estate a few years ago in Salt Lake City, Sean found his most comfortable market in Memphis, where he met his partners, Jim and Brad Reedy. Initially focusing on single family turnkey properties, their company has been doing an average of 250 flips since 2017. This is their first multifamily syndication attempt. Join in as he talks to Dan Handford about their journey to this newer, more exciting space.
Episode 155: Effortless Real Estate Investing, with Sean Tagge
The Smart Real Estate Coach Podcast|Real Estate Investing
Sean Tagge’s background is in Biomedical Engineering. He worked at the University of Utah Hospital doing research on artificial hearts and quickly realized that he doesn’t like working for someone else (or have someone controlling his time, pay, and future). Sean discovered Real Estate Investing a few months later and the amazing world of Real Estate. Ever since he has been passionate about REI, and he thinks about it every spare moment he has. Sean did a couple of flips and buy-and-holds in 2016. On February 1st, 2017, he quit his job as an Engineer and partnered up with Memphis Investment Properties to act as their co-partner and Chief Operating Officer. There, he manages the day to day operations of acquiring, fixing and selling Turnkey properties. He uses his engineering skills to organize and streamline the day-to-day systems and processes of the business. Over the past three years, they have done roughly 250 flips a year in Memphis TN. What you’ll learn about in this episode: Why Sean left biomedical engineering to get out of the corporate world and to go to work for himself How Sean and his team help clients who are short on time get started investing in real estate through Turnkey properties What kinds of investors work well with Sean and his team, and how Sean’s team does all the hard renovation work for these investors How Sean and his team spend around 90 days on renovation and then another 30-45 days for closing, and how they do as many as 250 deals a year How Sean has structured his team to manage the high volume of properties they work on, and how the process works from start to finish Why Sean and his team are focused on becoming dominant in the Memphis market rather than expanding to other areas Why Sean’s strategy is prepared to weather tough economic times through refinancing and then holding properties until the market recovers What daily routines and habits Sean keeps to help him stay in the right mindset and succeed every day How Sean’s background in biomedical engineering gives him the unique ability to analyze, pull apart and iterate on systems others are using Resources: To view the available properties that MIP has for sale, please visit: www.memphisinvestmentproperties.net Looking for property management in Memphis TN? Visit their sister property management company: www.reedyandcompany.net Sean Tagge’s Recommended Reading List: Rich Dad Poor Dad by Robert T. Kiyosaki: https://amzn.to/2QNM0La Traction by Gino Wickman: https://amzn.to/2JksnGj Additional resources: Website: www.SmartRealEstateCoachPodcast.com/webinar Website: www.SmartRealEstateCoachPodcast.com/termsbook Website: www.SmartRealEstateCoachPodcast.com/ebook Website: www.SmartRealEstateCoach.com/QLS/
From one of the top turnkey providers in the country, Sean Tagge lets us in on a top secret of how they are able to scale their business so quikckly! Knowing your numbers helps you know how to scale. . Know your numbers!
EP116: Secrets to Selling Turnkey Properties ft. Sean Tagge
The Good Success Podcast
We sit down with Sean from Memphis Investment Properties out of Memphis, TN to talk about the ins and outs of how a major turnkey provider operates their business! From the rehab to the property management piece, Sean is going to share some tips and secrets on running a successful turnkey business!
Sean is from Salt Lake City, UT and is now a Memphian transplant. He attended the University of Utah on an academic scholarship and received his degree in Biomedical Engineering with a minor in Chemistry. He was working on artificial heart research before his endeavors in Real Estate. He now works with the Memphis Investment Properties team to systematize and streamline every process in the business. Memphis Investment Properties offers complete turn-key service, minimizing management headaches for investors and making the real estate investment process simple and profitable. Whether you are just getting started or are looking to expand your existing portfolio, the investment experts at Memphis Investment Properties are ready to help you take the next step. What you’ll learn about in this episode: How Sean got started in the real estate industry What Sean decided to do to be successful when he realized the market in his area wasn’t good The process of setting up a real estate business far away from where you live Tips for getting your name out there The benefits of having two separate, unbiased opinions on a house Different markets where owner financing does and doesn’t work Why investors are comfortable investing with Memphis Investment Products The type of people turnkey companies are beneficial for How the different parts of Sean’s company work together to create a seamless team Helping people who need to buy a property sight unseen What it means to have low capital expenditures and why that’s good for a homebuyer The simple process for quickly getting people into the rental market Two big events Sean is holding this year for people to come check out the Memphis market Resources: REInvestorSummit.com/capital REInvestorSummit.com/Grow REInvestorSummit.com/100 REInvestorSummit.com/101 REInvestorSummit.com/Coaching Love the show? Subscribe, rate, review, and share! Here’s How » Join the Real Estate Investor Summit Community: reinvestorsummit.com Real Estate Investor Summit Facebook Real Estate Investor Summit Twitter Real Estate Investor Summit YouTube Mitch Stephen LinkedIn