The Road to 500 with Logan Rankin
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Season 2 Episode 31
Logan Rankin \\u2013 Road to 500\\xa0
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By the time an investor has reached 500 units, they are in a place where systems are set up, refined, and working well. Lessons have been learned and applied, and momentum is carrying them forward. We are tapping to these investors to share their knowledge to help you get to, and past, your first 500.
In addition to the story of Logan\\u2019s investing journey, this episode is a must listen for anyone looking to bring management in house.\\xa0 In the last 15 minutes of the episode, Logan describes his move in-move out and turn strategy.\\xa0 If you have a 3rd party manager that matches the level of detail and systemization that Logan has deployed, consider yourself lucky and we suggest you do everything you can to keep them happy.\\xa0 If not, take a listen to how things could be.
Beyond self-management we also talk about some of the counter intuitive aspects of debt and equity like how can $200-300 profit per door be better than $700-800?\\xa0 Why should you pay for rehab out of pocket instead of borrowing the money?
\\xa0About Logan \\u2013\\xa0
Logan is an experienced Real Estate investor owning and operating a growing Real Estate business with a portfolio of more than 1,000 units, valued over $100M across the state of Wisconsin.\\xa0
Logan spent the first decade of his professional working career with a fortune 50 corporation leading retail operations. He escalated quickly through various leadership positions where he built high performing teams and managed large P&L portfolios. During that time, Logan led and implemented strategic operational changes at the enterprise level across the US.\\xa0
In 2013, Logan began investing in Real Estate through the purchase of an investment single family home. Logan was able to achieve financial freedom in the spring of 2018 at the age of 30. At that time, Logan left his corporate leadership role to focus his attention on scaling and developing his three Real Estate businesses.
\\xa0Reach Logan at \\u2013
loganrankin.com or on Instagram @LoganRankin
\\xa0Reach Greg at -
Greg@realwealth.solutions or schedule a call - https://calendly.com
Reach Darren at -
Darren@realwealth.solutions or schedule a call - https://calendly.com
Or reach us on any of the following links:
Real Wealth Solutions - Facebook - YouTube
Thanks for listening and, as always, an honest review or follow is greatly appreciated.
Thanks for listening we hope you enjoy the episode as much as we enjoyed recording it.
- Greg, Darren & Kim
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