Jason Balin on Funding Flips in the 2017 Market

Posted on July 8, 2017
In Private Money

Funding Flips

Jason & Dan Discuss:

4 C’s of Getting Funding from ANY Source
Safest Price Point to Do Deals Right Now
How to Pinpoint the Investor Activity In ANY Market
How to Avoid the Trap of “Highest Comps” Syndrome

Listen Now:

Mentioned Episodes: (There are 87 Content Packed Interviews in Total)

Resources Mentioned in the Episode:

www.HardMoneyBankers.com

Do You Know Anyone Else Who’s a Real Estate Investor?

Do You Think they’d Also Enjoy this Episode?

Please Forward this Link & Tell Them to:

Sign Up for the REI Diamonds Weekly Podcast Your Copy of “7 Sources of Off Market Deals”

Just Go to www.REIDiamonds.com to Download a Copy & Check out Recent Popular Episodes.

The REI Diamonds Show-Real Estate Investment Podcast

Real Estate Investing Podcast designed to help experienced real estate investors make & keep more money. The REI Diamonds Show is a loose discussion between Dan & expert guests focused on strategies for avoiding risk & generating profits. Many of the guests generate more than $1 Million in profit per year-investing in real estate.

Episode: Nashville Tennessee Real Estate Development with HBG Capital Founder Brandon Cobb

Guest: Nashville Tennessee Real Estate Investor Brandon Cobb is the founder of HBG Capital. He is also a licensed and bonded General Contractor in TN managing more than $1O Million of new development annually.

Big Idea: Investing in Nashville Tennessee real estate is like most of the U.S. at the time of this recording: Low inventory combined with an insanely inflationary environment. There is also a housing shortage which has created profitable conditions for residential real estate developers who are capable of building with scarce & expensive building materials and labor. Not an easy task. On today’s episode Brandon & I discuss this situation and the system he’s developed to build profitably. Shall we begin?

This Episode of The REI Diamonds Show is Sponsored by the Deal Machine. This Software Enables Real Estate Investors to Develop a Reliable & Low Cost Source of Off Market Deals. For a Limited Time, You Get Free Access at http://REIDealMachine.com/

This Episode is Also Sponsored by the Lending Home. Lending Home Offers Reliable & Low Cost Fix & Flip Loans with Interest Rates as Low as 6.99%. Buy & Hold Loans Offered Even Lower. Get a FREE IPad when you Close Your First Deal by Registering Now at http://REILineOfCredit.com

Resources mentioned in this episode:
http://www.hbgcapital.net/

For Access to Real Estate Deals You Can Buy & Sell for Profit:
https://AccessRealEstateDeals.com/

View the Episode Description & Transcript Here:
https://reidiamonds.com/nashville-tennessee-real-estate-development-with-hbg-capital-founder-brandon-cobb/

Daniel Breslin: Today’s guest, Nashville Tennessee Real Estate Investor, Brandon Cobb, is the founder of HBG Capital. He’s also a licensed and bonded general contractor in Tennessee, managing more than $10 million of new development each year. Investing in Nashville Tennessee Real Estate is like most of the US at the time of this recording, super low inventory combined with insanely inflationary environment. There’s also a housing shortage, which has created profitable conditions for residential real estate developers who are capable of building with scarce and expensive building materials and labor, not an easy task.

In today’s episode, Brandon and I discussed this situation and the system he’s developed to actually build profitably.

Brandon: Yeah, so I could probably speak to Nashville more than I can in the other markets. I know Memphis is a very heavy rental market. Over there, you can still scoop up properties for pretty cheap, but you got to be really careful because your tenant base is if you don’t have a good system to processes for vetting tenants, you will get hosed on that. Knoxville, you’re probably referring to Gatlinburg and Pigeon Forge, tons of cabins going up Airbnb, right? COVID kind of blew that area up. Everybody wants to go on a vacation, but they’re scared of COVID or there’s a lockdown. So those areas where you can kind of get the whole glamping experience or cabin experience blew up, that area’s phenomenal. The Smoky Mountains are obviously one of the best places to go and hike, especially during the fall when the leaves change. A little tip for everybody, right? If you have not been in the Smoky during the fall, it’s great.

Nashville’s probably the only city that has gosh, 30, 40 cranes downtown. So you can just look if you just had a picture of three cities, you be able to identify Nashville from those three because it’s got a ton of cranes. Nashville’s just exponential growth. I think all the national builders are now officially here. They set up shop in the building. That mean, you’ve got these ginormous developments that are being announced every single year. They just announced one. It was like a $2 billion development over in the Bordeaux area, which is your first development where you’re going to have heavy commercial skyscrapers that are kind of outside the downtown core. If you look at Nashville, you get the Cumberland River that kind of rolls through it, and that’s sort of your barrier to all these heavy, deep skyline commercial buildings. Well, now, it’s starting to get outside of that and it’s across the river now. So it’s very interesting, and you’re going to start to see that area really kind of explode. So Nashville’s just a hot, hot, hot housing market.

Brandon Cobb & I Discuss Investing in Nashville Tennessee Real Estate:

Nashville Tennessee Real Estate Market
Developing Residential Real Estate
Lessons Learned from Losing $40,000
Getting Past a Bad Deal

Relevant Episodes: (There are 207 Content Packed Interviews in Total)

Search Episodes

Episode 207: Nashville Tennessee Real Estate Development with HBG Capital Founder Brandon Cobb

June 3, 2022

REI Diamonds

Episode 206: Fast & Easy Multifamily Lending with StackSource Founder Tim Milazzo

May 12, 2022

REI Diamonds

Episode 205: Avoiding Rental Property Insurance Pitfalls with Attorney Galen Hair

April 8, 2022

REI Diamonds

Episode 204: Investing in Hotels with Mike Stohler

January 7, 2022

REI Diamonds

Episode 203: How to Make NNN Lease Investments with Drew Wahlgren of Mag Capital Partners

December 9, 2021

REI Diamonds

Episode 202: Probate Leads, Data, & Real Estate Deals with Bill Gross

November 12, 2021

REI Diamonds

Episode 201: How to Run Real Estate Facebook Ads with Chad Keller

October 29, 2021

REI Diamonds

Episode 200: Life Lessons on Prosperity with The Wealthy Gardener author John Soforic

October 22, 2021

REI Diamonds

Episode 199: The iCandy Realty Fix & List Model with Steve Budzik

October 15, 2021

REI Diamonds

Episode 198: Flipping Houses in Florida with Viktor Jiracek

September 24, 2021

REI Diamonds

Search Results placeholder

Jason Balin on Funding Flips in the 2017 Market

Jason & Dan Discuss:

4 C’s of Getting Funding from ANY Source

Safest Price Point to Do Deals Right Now

How to Pinpoint the Investor Activity In ANY Market

How to Avoid the Trap of “Highest Comps” Syndrome

Listen Now:

Mentioned Episodes: (There are 87 Content Packed Interviews in Total)

Resources Mentioned in the Episode:

Do You Know Anyone Else Who’s a Real Estate Investor?

Do You Think they’d Also Enjoy this Episode?

Please Forward this Link & Tell Them to:

Sign Up for the REI Diamonds Weekly Podcast Your Copy of “7 Sources of Off Market Deals”

Just Go to www.REIDiamonds.com to Download a Copy & Check out Recent Popular Episodes.

Aaron Hendon on Real Estate Blind Spots

Tyler Sheff on Buying Multi-Family Apartment Buildings

Jason Balin on Funding Flips in the 2017 Market

Jason & Dan Discuss:

4 C’s of Getting Funding from ANY Source

Safest Price Point to Do Deals Right Now

How to Pinpoint the Investor Activity In ANY Market

How to Avoid the Trap of “Highest Comps” Syndrome

Listen Now:

Mentioned Episodes: (There are 87 Content Packed Interviews in Total)

Resources Mentioned in the Episode:

Do You Know Anyone Else Who’s a Real Estate Investor?

Do You Think they’d Also Enjoy this Episode?

Please Forward this Link & Tell Them to:

Sign Up for the REI Diamonds Weekly Podcast Your Copy of “7 Sources of Off Market Deals”

Just Go to www.REIDiamonds.com to Download a Copy & Check out Recent Popular Episodes.

Recommended Posts

How to Raise Capital for Real Estate Deals Using Authority Marketing with Lyndsay Phillips

Investing in Real Estate Using an IRA with Jason DeBono

Growing a 1,000+ Unit Portfolio within a 20 min Radius with Jason Pero