168: Building Hundreds of Homes to Sell or Rent with Cameron Skinner
BiggerPockets Real Estate Podcast - A podcast by BiggerPockets
Today we’re excited to bring you an interview with a savvy investor who’s done over 500 deals — Cameron Skinner. Cameron got his start with new construction spec builds in the late 1990s and due to the changing economy created an interesting twist that we know you guys are going to just love. This episode is packed with incredible, actionable advice that will leave you shouting, “I’m totally going to do that strategy!” In This Episode We Cover:How Cameron got started by partnering with someoneWhy he started with new constructionCan anyone build to rent?How to calculate capex and why it’s importantWhat exactly cost segregation isHow to get tax benefits nowHow many deals Cameron has done so farHis experience during the crashWhat you should know about how lease options workWhen to seek professional advice regarding the laws in your areaHow to know your marketDownsides of the build-rent strategyTricks for finding the best contractorHow he completed so many deals without picking up a hammerHow to keep an “investor mindset” to find the best dealsThe importance of finding out your skill setWhy Cameron has no employeesThe cost of tearing down a propertyAnd SO much more!Links from the ShowBiggerPockets AnalysisBiggerPockets CalculatorsBiggerPockets ForumsKeyword AlertsBiggerPockets MeetTax, Legal Issues, Contracts, Self-Directed IRA Forum CategoryBooks Mentioned in this ShowThe Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han and Matt MacFarlandBrandon Turner’s The Book on Investing in Real Estate with No (and Low) Money DownThe Richest Man in Babylon by George S. ClasonThou Shall Prosper by Rabbi Daniel LapinTweetable Topics:“I’m not worried about 20 years from now because I might be dead — so I want to take the tax benefits now.” (Tweet This!)Connect with CameronCameron’s BiggerPockets Profile