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Auburn Investment Properties Podcast with Chris Kearns
Chris Kearns
45 episodes
3 months ago
In this episode, I'm going to catch you up on a few things that we covered in previous episodes: The Rossmere flip condoTaxes and accounting, and what I've learned the hard wayRental trends and how more turnovers can actually make you moneySales price trends, and what to expect thereChanges we are seeing in local purchase contracts and the buying process in generalI had a slow week on the sales side and I can't work on my next turnover until next week, so I decided to get back in the po...
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Investing
Business
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All content for Auburn Investment Properties Podcast with Chris Kearns is the property of Chris Kearns and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
In this episode, I'm going to catch you up on a few things that we covered in previous episodes: The Rossmere flip condoTaxes and accounting, and what I've learned the hard wayRental trends and how more turnovers can actually make you moneySales price trends, and what to expect thereChanges we are seeing in local purchase contracts and the buying process in generalI had a slow week on the sales side and I can't work on my next turnover until next week, so I decided to get back in the po...
Show more...
Investing
Business
Episodes (20/45)
Auburn Investment Properties Podcast with Chris Kearns
Episode 044: May 2022 Update & Things I'm Seeing in the Auburn Real Estate Market Today
In this episode, I'm going to catch you up on a few things that we covered in previous episodes: The Rossmere flip condoTaxes and accounting, and what I've learned the hard wayRental trends and how more turnovers can actually make you moneySales price trends, and what to expect thereChanges we are seeing in local purchase contracts and the buying process in generalI had a slow week on the sales side and I can't work on my next turnover until next week, so I decided to get back in the po...
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3 years ago
35 minutes

Auburn Investment Properties Podcast with Chris Kearns
Episode 043: A Real Estate Investing Lesson from Tennessee Williams
In this Episode, I'm going to take you back to a diner on Beale Street in Memphis, on a lonely night more than 15 years ago. I felt like I was drifting a little, and needed some wisdom in my life about dealing with success, not feeling needed, and being kind of depressed about it. Around that time, I started reading classic books and plays to keep my mind active, and this particular night I sat down to read The Glass Menagerie, not even knowing what a Menagerie was, or why the p...
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4 years ago
25 minutes

Auburn Investment Properties Podcast with Chris Kearns
Episode 042: What's Your 5 Year Plan?
In this Episode, I'll talk about the genius and the beauty of a coming up with a 5 Year Plan. They say that people often OVERestimate what they can do in 1 year, but UNDERestimate what they can do in 5 years, so I want to encourage you to look at where you are now and give yourself some goals and direction by looking 5 years out into the future. I'll tell you how my first 5 Year Plan helped me get out of the apartment business and reshape my life, and how my dog Bodie, helped me realiz...
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4 years ago
52 minutes

Auburn Investment Properties Podcast with Chris Kearns
Episode 041: An Interview with Auburn Real Estate Attorney Russell Balch (2 of 2)
In this Episode, you'll hear the second of two parts of an interview I did with my long-time Real Estate Attorney, Russell Balch of the law firm Akridge & Balch in Auburn. Besides being my attorney, Russell has also been my office landlord for a few years too. I met Russell through my first post-college employer (Fred & Miles of the Charter Companies) in the late 1990's, and when I started my mobile home sales business way back in 2000, Russell was my guy! Eventual...
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4 years ago
1 hour 16 minutes

Auburn Investment Properties Podcast with Chris Kearns
Episode 040: An Interview with Auburn Real Estate Attorney Russell Balch (1 of 2)
In this Episode, you'll hear the first of two parts of an interview I did with my long-time Real Estate Attorney, Russell Balch of the law firm Akridge & Balch in Auburn. Besides being my attorney, Russell has also been my office landlord for a few years too. I met Russell through my first post-college employer (Fred & Miles of the Charter Companies) in the late 1990's, and when I started my mobile home sales business way back in 2000, Russell was my guy! Eventuall...
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4 years ago
1 hour 19 minutes

Auburn Investment Properties Podcast with Chris Kearns
Episode 039: Auburn Mayor Ron Anders talks about Covid, Football, Short Term Rentals, City Finances, and more!
In this Episode, I'll talk with Auburn Mayor Ron Anders about a variety of topics and a "State of Auburn" recap at this interesting and challenging time in Auburn's history. We'll tall about how his family got started in the school book business, and what's on the horizon for that location, as well a ton of other interesting topics. We talked about the smashing success of the "pop up" Covid vaccine clinic across from the mall, the impact Covid has had on local small businesses, th...
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4 years ago
1 hour 18 minutes

Auburn Investment Properties Podcast with Chris Kearns
Episode 038: An Interview with Auburn Apartment Market Expert Jim Andrews (2 of 2)
In this Episode, you'll hear the second of of two interviews with Jim Andrews, who publishes the Auburn Apartment Guide and the Tuscaloosa Apartment Guide. Jim got started as a Property Manager, did a little teaching on the subject at the college level, and has been in the multifamily business in one way or another ever since. He is also involved in the financing side of the multifamily business and an investor in properties and projects himself. The framework of the 2 episode se...
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4 years ago
1 hour 3 minutes

Auburn Investment Properties Podcast with Chris Kearns
Episode 037: An Interview with Auburn Apartment Market Expert Jim Andrews (1 of 2)
In this Episode, you'll hear the first of two interviews with Jim Andrews, who publishes the Auburn Apartment Guide and the Tuscaloosa Apartment Guide. Jim got started as a Property Manager, did a little teaching on the subject at the college level, and he has been in the apartment business in one way or another ever since. He is also involved in the financing side of the multifamily business and an investor in properties and projects himself. The framework of the 2 episode serie...
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4 years ago
56 minutes

Auburn Investment Properties Podcast with Chris Kearns
Episode 036: My Favorite Real Estate Books
In this Episode, I'll share 9 or 10 of the Real Estate books that I would recommend to someone no matter which stage they are in as an investor. Some are inspirational, some are more about urban economics, the history of cities, or even how to prioritize your work when you are feeling overwhelmed. I often say that our actions follow our philosophy, or in other words, we do what makes sense to us. If that is true, then it's helpful to see the bigger picture and understand t...
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4 years ago
59 minutes

Auburn Investment Properties Podcast with Chris Kearns
Episode 035: Investor & Developer Interview: Andrew Parmer (2 of 2)
4 years ago
1 hour 25 minutes

Auburn Investment Properties Podcast with Chris Kearns
Episode 034: Investor & Developer Interview: Andrew Parmer (1 of 2)
In this Episode, I sit down with local Investor, Builder and Land Developer Andrew Parmer. This is the first of a 2 part interview, and in this part we talk mostly about his investment properties and how he has set up the rental side of his business with less direct interaction than I had, which frees up his time for looking at land deals and building subdivisions. In Part 2 (Episode 35), he'll go into much more detail about the Land Development business: process, schedules, financing,...
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4 years ago
47 minutes

Auburn Investment Properties Podcast with Chris Kearns
Episode 033: Looking Ahead to 2021
In this Episode, we'll take a look ahead to 2021. The start of a new year is always a good time to take an honest look at where you are today, look at the things you could improve on, and come up with ways to do better in the coming year, so I'll do that in a few key areas... What I expect from the Auburn MarketMy Business and Investing Goals for the yearA Few Personal Resolutions Links from this episode:​​ Work with MeSmall is Beautiful - E. F. Schumacher (Amazon Link)The Death and Lif...
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4 years ago
38 minutes

Auburn Investment Properties Podcast with Chris Kearns
Episode 032: 2020 Year in Review
In this Episode, I take a quick look back at 2020. The episode covers the impact of coronavirus on the world, and investing in general, then we zoom down to the Auburn rental market, and then my own business. I also talk about my personal investments for the year, good and bad, and some lessons learned there. Also, I go into some detail on the financial things I needed to change this year after several years of not being very diligent with my record keeping, and I walk you t...
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4 years ago
37 minutes

Auburn Investment Properties Podcast with Chris Kearns
Episode 031: My 10 Biggest Mistakes as a Real Estate Investor
In this Episode, I go over my 10 Biggest Mistakes in my 20+ years of being a Real Estate Investor in Auburn. It's easier to for each of us to remember the mistakes that caused us to lose money or to be super stressed. They get embedded in our brains and come out as "common sense" from that point on, right? But if you haven't made these mistakes yet, then maybe they aren't common sense for you. So I'm here to pull back the curtain a little, and share some of my mistakes...
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4 years ago
58 minutes

Auburn Investment Properties Podcast with Chris Kearns
Episode 030: Investor Interview: Brent Beard
In this Episode, I sit down with Auburn business man and former City Council member Brent Beard, and we talk about his experience as a landlord with multiple properties in Auburn. I've known Brent for over 10 years, and in early 2018 he came to me after selling a beach condo and asked me if I could help him find a few rental properties so he could put that money back to work right here at home. Brent used his 1031 Exchange money to buy 3 houses here, and he eventually picked up ...
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4 years ago
43 minutes

Auburn Investment Properties Podcast with Chris Kearns
Episode 029: Inside a Rehab Project: Rossmere Condos: Part 1
In this Episode, I'm going to take you behind the scenes of a rehab project I'm working on. I bought a small condo just off of N Ross & E Glenn at Rossmere Condos in November. The condo is currently rented, and I'm getting ready to do a major rehab on it at the start of 2021. Right there you should have already realized this is going to be an interesting project! Since I'm still at the beginning stage with this one, I'm going to talk to you about the decision proce...
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4 years ago
50 minutes

Auburn Investment Properties Podcast with Chris Kearns
Episode 028: Investment Property Insurance with Kathy Powell, State Farm
In this Episode, I'm going to talk to the woman whose office has handled all of my insurance for the last several years: Kathy Powell of State Farm in Auburn. I've had some small water leaks and some massive water leaks - the kind where ceilings have caved in! And who has gotten me through all those? State Farm. So I decided to bring in Kathy to answer some common questions I get about Insurance on Investment Properties, like houses and condos, but also things like Umb...
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4 years ago
1 hour 19 minutes

Auburn Investment Properties Podcast with Chris Kearns
Episode 027: Future Pacing and Practical Landlording
In this Episode, we're going to take a look Future Pacing, which was a concept I brought up a few weeks ago, maybe in Episode 14 or 15, and how we can use that tool as a landlord to make our lives easier and the make things easier for our tenants. Broadly speaking, Future Pacing is a concept that coaches, speakers, etc use to get their clients or their audience to see a vision of something in the future, and then motivating someone to take consistent action to get that result. We'...
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4 years ago
48 minutes

Auburn Investment Properties Podcast with Chris Kearns
Episode 026: Auburn and Coronavirus: 7 Months after Covid-19 Came to Auburn
In this Episode, we're going to take a look at the impact that Covid-19 and the Coronavirus has had on Real Estate Investing in Auburn over the past 7 months, focusing on 3 specific areas: Student HousingStarter Home RentalsStarter Home Sales We're also going to talk about the type of mindset an investor must develop in times of uncertainty or upheaval, and why some of the traditional moves haven't presented themselves yet. We'll talk about the style of economic recovery happening in Au...
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4 years ago
53 minutes

Auburn Investment Properties Podcast with Chris Kearns
Episode 025: The Timeline of Your Investing Journey & Introducing "Cash on Cash Return"
In this episode, we'll revisit the 3 ways to make money in Real Estate, and then take a look at the timeline for a typical Real Estate investor. We'll start at your first purchase and then your next purchase, and why it goes faster the second time around, and then we'll look further ahead and see where you might end up 5-10 years down the road when your role might change from "deal hunter" to "asset manager" or even the coordinator of a group of other investors. Tips &...
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5 years ago
51 minutes

Auburn Investment Properties Podcast with Chris Kearns
In this episode, I'm going to catch you up on a few things that we covered in previous episodes: The Rossmere flip condoTaxes and accounting, and what I've learned the hard wayRental trends and how more turnovers can actually make you moneySales price trends, and what to expect thereChanges we are seeing in local purchase contracts and the buying process in generalI had a slow week on the sales side and I can't work on my next turnover until next week, so I decided to get back in the po...