Mike welcomes back Larry Seggelin, who shares his extensive experience in real estate investing. Larry discusses his first investment in a multifamily property in Attleboro, lessons learned from different types of tenants, and his philosophy on buy-and-hold investing. He also shares his journey through economic downturns, leveraging equity lines, and managing multiple properties. The episode provides valuable insights for both novice and seasoned investors, emphasizing the importance of taking calculated risks and understanding tenant dynamics. Additionally, Mike and Larry engage in a fun segment on time travel, exploring historical and futuristic scenarios.
Larry Seggelin can be reached at 781-290-9292 or LarrySeggelin@comcast.net
Mike can be reached at (617) 759-1513 or Mike.Freeman@nemoves.com and MikeFreemanHomes.com
Topics
00:24 Guest Introduction and Previous Episode Recap
01:00 Larry's First Multifamily Investment
01:42 Insights on Tenants and Section 8 Housing
03:01 Larry's Real Estate Journey and Challenges
04:59 Real Estate Investing Tips and Strategies
11:27 Evaluating New Property Investments
12:36 Business Decisions in Tenant Management
12:52 Challenges of Tenant-Friendly States
13:56 Screening Tenants Beyond Credit Scores
15:35 Real Estate Investment Strategies
17:22 More About Mike Segment
17:48 Time Travel and Future Inventions
22:56 Closing Remarks and Contact Information