There are fewer directly translatable skills than having construction knowledge that will allow entry into the real estate game. Construction and rehabs / renovations are where a large amount of value is added, meaning sweat / earned equity. Johnny & Crista Nelson join us to talk about all things construction, while working together as a spousal team. This couple share the secrets of their success, including:
• Red flags when looking for contractors
• Rules of thumb for rehab costs or unit turns
• How looping in your spouse into construction and management is one of the best things you can do
• Setting budgets and tracking with your contractor
• Tips for the long-distance investor in managing rehabs out-of-state
Johnny and Christa Nelson are the Co-Founders of Arctos Capital, which is a private real estate investment firm investing in North Dakota, Oklahoma, and Minnesota. Johnny acts as the Asset Manager and Christa is the Chief People Officer for their firm. Prior to their activities in real estate investing, Johnny was a Mechanical Engineer in the medical, additive and power industry, and also acted as a GC, while Christa worked in Fortune 100 companies in Hospitality and Financial Services.
Reach out to them here:
https://www.linkedin.com/in/johnnynelson/
https://www.linkedin.com/in/christa-nelson-84b73510a/
https://www.meetup.com/The-Real-Estate-InvestHER-Meetup-Minneapolis-MN/
https://www.instagram.com/the_nelsonconnection/
https://28parkmpls.com/
Email: [email protected]
If you enjoyed this content and are looking for more, you can continue to learn more about us in several different places for free!
- on our website for blogs & other podcast interviews! elevateequity.org
- our YouTube channel! youtube.com/channel/derekclifford
- our book/audiobook! amazon.com/dp/ebook
If you'd like to have a FREE copy of our 7 Ways Commercial Real Estate Syndications Protect and Build Wealth, simply click the link below. We are here and vested in your long-term success! elevateequity.org/7waysEbook
Unlock 3+1 degrees of freedom (time, location, financial + health) with our 5-Point Blueprint! https://elevateequity.org/podcastgift
If you really enjoyed this content and are looking for more, you can continue to learn more about us in several different places for free!
- on our website for blogs & other podcast interviews! elevateequity.org
- our YouTube channel! youtube.com/channel/derekclifford
- our book/audiobook! amazon.com/dp/ebook
If you'd like to have a FREE copy of our 7 Ways Commercial Real Estate Syndications Protect and Build Wealth, simply click the link below. We are here and vested in your long-term success! elevateequity.org/7waysEbook
