Do you want to learn the ins and outs of owning rental property in Birmingham, Alabama? Want to hear from local pros as they break down the areas, the deals, and even pitfalls rental owners fall into? Then you've come to the right podcast. Join rental experts, Matthew Whitaker and Spencer Sutton, as they provide you with the local scoop and interview both hometown and nationally-renowned investment heroes.
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Episode 66: 10 Tips When Considering Insurance for Your Rental Property
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In this episode, Hunter welcomes Eyal Ron with Iron City Insurance Brokers to discuss the 10 things you MUST consider when looking for insurance for your rental properties. The #1 tip is LIABILITY...tune in to find out the other 9 tips! =================================== Connect with Matt and Spencer: Evernest.co Visit the Podcast Website: TheBirm…
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Episode 65: Five Repair and Maintenance Mistakes I Made
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Repairs and maintenance are necessary evils in owning rental property. When Spencer first started investing in SFR back in 2003, he made five critical mistakes. In this episode, he will walk you through these mistakes so that you don't make the same ones. =================================== Connect with Matt and Spencer: Evernest.co Visit the Podca…
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Episode 64: 5 Characteristics of Unsuccessful Investors
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Starting out in real estate investing can be tough. There are five things that can hold you back from being successful: Lack of vision Insufficient market research Poor financial management Impatience Lack of a growth mindset Tune in to learn more and make sure you don’t have these characteristics. =================================== Subscribe to o…
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Episode 63: How Active Investors Are Winning in Birmingham
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Join Spencer and Hunter in this insightful episode as they speak with Clay Collins -- an investor-friendly agent in Birmingham -- about his expertise in winning deals in the local market. Get ready to discover: The latest market trends and insights in Birmingham Proven strategies for getting started with investing in Birmingham The benefits of work…
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Episode 62: Lending in Birmingham with Thomas Holloway
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Join Spencer and Hunter in this exciting episode as they interview Thomas Holloway, the founder and owner of Holloway Home Loans, a leading provider of mortgage loans in Birmingham, Alabama. In this insightful conversation, Thomas shares his expert perspective on the current real estate market trends in Birmingham, including interest rates and pred…
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Episode 61: Section 8 - The Ultimate Guide With Amy Bromberg
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Spencer and Hunter welcome Amy Bromberg, our Birmingham Director of Operations, to discuss Section 8 in Birmingham. They discuss the advantages and disadvantages of Section 8, including the intricate process from the initial application to move in, and the renewal process to ensure a long-lasting tenant relationship. ===============================…
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Episode 60: 5 Mistakes When Financing Your Real Estate Investment
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Spencer and Hunter welcome Dominick Wallace, the founder and CEO of Wallace Capital Funding, to discuss the top five mistakes investors make with financing and how to avoid them. With over 20 years of experience in the industry, Dominick offers valuable insights and practical strategies for successfully financing your real estate investments. Tune …
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Episode 59: Can You Get Rich Quick With Tax Deeds?
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In this episode, Spencer and Hunter welcome Steven Bode, a real estate attorney in Birmingham to discuss tax liens and tax deeds. The big question is can you get rich quick? Tune in to find out! =================================== Contact Steven: Email: sbode@cloudwillis.com Call: 205.588.4138 =================================== Check Evernest out …
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Episode 58: The Birmingham Market Rundown With Investor Agent, Clay Collins
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In this episode, Spencer and Hunter welcome colleague and investor agent Clay Collins as he talks about what's the newest with the Birmingham market. They also discuss what he's seeing and hearing from investor veterans about the future of the Birmingham markets. Clay also reveals his two favorite submarkets of Birmingham RIGHT NOW. ===============…
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Episode 57: 3 Common Ways Birmingham Investors Fail w/ Hunter Terryn
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Spencer Sutton welcomes Hunter Terryn, our Birmingham BDM, and local rental investor, to discuss the three common barriers investors experience getting started in the Birmingham market. =================================== Contact Hunter: LinkedIn ➡️ Hunter Terryn Email ➡️ hterryn@evernest.co =================================== Check Evernest out on…
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Episode 56: Sept 2022 Birmingham Market Update!
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Spencer welcomes Hunter, the Birmingham BDM at Evernest, to give you an update on what investors are doing in the Birmingham market. Hunter brings a lot of insight in how the market is holding up, current shifts, and how investing right now can be a huge advantage for you and your wallet. =================================== Contact Hunter: LinkedIn…
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Episode 55: 5 Most Common Challenges When Buying and Managing Rentals
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In this episode, Spencer lays out five challenges real estate investors face when investing: Finding great deals Managing a rehab crew Showing the property Maintaining expectations Preparing for maintenance Here is the article as well: https://evernest.cc/3QMSdDU =================================== If you are looking to buy in Birmingham, you can g…
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Episode 54: 5 Tips For Out of State Investing Success
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Investing in real estate is a fantastic way to build wealth. Today’s episode reveals our five tips for out of state investors to succeed. Set targets Start small Get your hands dirty Build your team Don’t be afraid to say no Tune in. 🎧 =================================== Connect with Matt and Spencer: Evernest.co Visit the Podcast Website: TheBirmi…
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Episode 53: June 2022 Rental Market Update
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In this episode, Spencer shares what we are seeing in the real estate market as of June 2022. He discusses everything from inflation, interest rates, the impact of supply and demand, whether you should buy now or wait, and more. __________ Reach out to an investor agent today → evernest.co/realestatepartner =================================== Leave…
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Episode 52: The Lifecycle of Every Resident
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Your greatest asset isn’t your property—it’s your tenant. To build a successful rental portfolio, you must take care of your tenants. And there is nothing that kills your returns more than tenant churn. No tenants = No cash flow. The key to eliminating tenant churn? Understanding the lifecycle of every tenant. If you know these 7 stages, you’ll kee…
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Episode 51: Ask These 3 Questions BEFORE You Buy In Birmingham
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In this episode, Spencer and Hunter Terryn discuss common questions investors ask (trust us— there are a lot of them). At the end of the day, there are really only three key questions you need to answer before buying in Birmingham. =================================== Leave us a review to let us know how much you enjoyed this podcast! --------------…
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Episode 50: Major Changes in the Birmingham Market - 2022 Edition
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Episode 50! It only seemed right to have our first-ever guest, Bryan Miles, back on the show! In this episode, Bryan reveals the newest trends in Birmingham real estate investing. Including new neighborhoods and strategies that have emerged over the past two years. Get your pen and paper ready because you’ll want to take notes! Tune in. 🎧 =========…
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Episode 49: 2022 Rental Market, Exit Strategies, and Financing Rentals with Jonathan Mednick
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In this episode, Spencer welcomes Jonathan Mednick, the managing director of REI Trading, LLC, and a financial broker with Real Equity Realty. Jonathan specializes in turnkey properties in Birmingham, AL. Tune in. 🎧 ➡️ Turnkey: REITrading.com ➡️ Financing: REIbrokers.com ➡️ Realty: Realequityrealty.com ----------------- Connect with Matt and Spe…
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Episode 48: You Need An Investor-Friendly Agent And Here’s Why
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Finding the right partner in real estate investing can be difficult. In this episode, Spencer Sutton explains why you need an investor-friendly agent, questions you should be asking real estate agents who claim they are investor-friendly and learn the resources they can bring you as an investor yourself. Tune in. 🎧 ----------------- Connect with Ma…
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Episode 47: 5 Keys to NOT Being a Wannabe Investor
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What separates a wannabe investor from a true real estate investor? There are many ways out there to learn how to invest in real estate. The difference isn’t due to lack of information. Why are some successful and others not? Quick story. For the last number of months, Spencer had trained and got into the best shape he could for his first ever Spar…
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Episode 46: How To Make A Great Deal
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In this episode you will get a special sneak peek into our new national podcast series, The Evernest Real Estate Investor. In this episode, Spencer and Gray discuss the fundamentals you need to make a great deal. From setting your investment goals and knowing how to estimate the rehab costs to making an offer. Cash is king. It is crucial to know wh…
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Episode 45: 5 Ways to Find a Great Deal (Even In a HOT Market)
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Finding deals is the lifeblood of the real estate investor. In recent years, the market has been hot which has left many investors wondering how they’re going to find the deals they need to achieve their investment goals. In this episode, Spencer walks you through five different ways investors are finding deals even in today’s hot market. You’ll wa…
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Episode 44: Should You Manage Properties Yourself Or Hire A Property Manager?
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In this episode, Spencer Sutton explains the pros and cons of self management vs property management. He lays out what we see to be the three main reasons someone starts to consider property management: You just became an out of state investor You're finding and leasing to the wrong people Maintenance is getting to be too much for you Sound like yo…
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Episode 43: What Should You Do If Your Tenant Trashed Your Property?
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If you are a real estate investor, you will have tenants treat your property like trash. But, if they are damaging your property that is an entirely different battle. In this episode, Spencer explains how to deal with a tenant damaging your property. He answers questions you should ask yourself and shares a checklist you need to have. -------------…
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Episode 42: 4 Houses You Must Avoid Adding to Your Rental Portfolio
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Have you ever felt you were getting a great deal on a new rental property, but soon realized you made a horrible purchase? Did you buy a property on the wrong street? Was the condition of the house worst than you thought? Or was the layout simply so weird that you knew it needed to be redone altogether? All of these things can cost you thousands of…
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Episode 41: The Big Debate: Buy a Turnkey or Buy a Fixer-Upper?
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We’ll dive into how to know if you should buy a turnkey rental property or a distressed property and fix it up yourself. There are many aspects of both that you must consider in order to make the right decision for your situation. ----------------- Connect with Matt and Spencer: Evernest.co Visit the Podcast Website: TheBirminghamRealEstateInvestor…
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Episode 40: 3 Mistakes Investors Make With Maintenance
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When it comes to owning properties, it is inevitable that you will have maintenance issues. The key is understanding the relationship between maintenance and tenant longevity. In our experience of managing thousands of properties since 2008, maintenance handled incorrectly has the ability to dash your passive income dreams. In this episode, we welc…
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Episode 39: 5 Reasons Why Rental Investors Fail
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Most rental investors become enamored with the thought of receiving mailbox money month after month and leaving their full-time job. But few think through all of the potential pit falls before they start buying property. In this episode, we’ll walk you though the five ways we’ve seen rental investors fail and what you can do to avoid the same fatal…
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Episode 38: 5 Questions You Should Ask A Property Manager Before You Hire Them
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You have several property management options when it comes time to lease your home. So how do you decide which property manager is your best choice? In this episode, Spencer provides his top 5 questions you should be asking a property manager before you hire them. These questions are designed to give you insight into the most important aspects of h…
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Episode 37: What You Need To Know About Section 8 In Birmingham
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Do you want rent income that you can rely on? A tenant that stays longer? In this episode, Matthew and Spencer welcome Holly Atchley, our Birmingham Team Leader, to discuss Section 8. They explain the processes, the requirements, the pros and cons, and some personal experiences they have had renting to Section 8 residents. ----------------- Connect…
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Episode 36: Dani Beit-Or - Simply Do It
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Dani started as an out of country investor! He bought his first rental house in Arizona and that kickstarted his passion and love for real estate. What drove Dani to move to the US and become a full-time real estate investor? Like many investors, his 9-5 job was not going to provide him with the life he knew was possible. In this episode, we dive i…
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Episode 35: How to Place a Great Tenant
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Probably the most important aspect of owning rental property is getting the right tenant in your home. Since 2008, we have placed thousands upon thousands of great residents. In this episode, we’ll dive in with our leasing ninja, Jacob West, and explore what he and his team have done to make the past 18 months fantastic even in the middle of a glob…
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Episode 34: 3 Ways Hiring A Great Property Manager Can Make You $5,000 A Month
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Most investors agree that building a rental portfolio is a solid strategy to longterm wealth creation. But that doesn’t mean that managing rental properties is your highest and best use as an investor. In this episode, Spencer shares his experience managing rentals vs having a Property management company manage it for him and how this can net you $…
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Episode 33: Do You Need an Acquisition Partner?
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In January, we kicked off our brokerage services as a way to help our owners and investors buy and sell investment properties. So far, it’s been a huge success and we’re beginning to offer these services in additional cities. Join us as we walk through the process, some recent deals, and other helpful investor tips in this episode. ----------------…
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Episode 32: Best Places to Invest in Birmingham - Forrestdale & Adamsville
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While Forrestdale and Adamsville don’t get a lot of out-of-state investor focus, they’re a favorite of local investors. Listen in as we discuss the advantages of investing in these areas northwest of Birmingham. ----------------- Connect with Matt and Spencer: Evernest.co Visit the Podcast Website: TheBirminghamRealEstateInvestor.com Email the Show…
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Episode 31: Best Places to Invest in Birmingham - Center Point, Roebuck, and Huffman Areas
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There’s no doubt that the 35215 zip code has been one of the most popular areas to invest in Birmingham. From local investors to out of state investors to institutional investors - everyone has had an appetite for rental houses here. Join us as we walk through the area and describe the houses and investment opportunity you can expect to find here. …
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Episode 30: Best Places to Invest in Birmingham - Eastlake
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Are you an out-of-state or in-state investor trying to find your next area to invest in Birmingham? In this episode, we dive into one of the most popular areas for investors - East Lake. Learn the lay of the land and the types of properties you can expect to buy depending on if you focus on the North or the South parts of Eastlake. ----------------…
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Episode 29: Intro Into the Best Places to Invest in Birmingham
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Over the next several weeks we are going to be doing a deep dive into some of the best places to invest in Birmingham. In this initial episode, we walk you through the layout of Birmingham and describe the different class of neighborhoods you can expect us to cover in the next several weeks. ----------------- Connect with Matt and Spencer: Evernest…
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Episode 28: 5 Reasons Not to Buy Rental Properties in Birmingham
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Not every investment is successful and not every investor succeeds. But you can make sure that careful thought and planning go into your Birmingham investment goals. In this episode we’ll walk through five reasons that investors should avoid investing in Birmingham rental properties. These lessons have come from first hand experience in dealing wit…
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Episode 27: Craig Lawrence - Understanding Real Estate Syndication
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In this episode, Matthew and Spencer interview Craig Lawrence, an attorney with Balch & Bingham. He’s involved in tons of real estate syndications every year. He’ll take you step-by-step through what a syndication is, the players, and the risks and benefits of it. His years of experience will help you get started in this strategy for doing more dea…
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Episode 26: Should I Allow Pets in My Rental Property?
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In this episode, Matthew and Spencer discuss the pros and cons of allowing pets into your rental property. What are your options? What kind of fees should you charge? How do you mitigate the risk of having pets in your property? All of these questions plus more will be answered in this new episode. ----------------- Connect with Matt and Spencer: E…
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Episode 25: Matthew Gregory - Birmingham’s King Flipper
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Starting small and in mostly ‘Class C’ areas of Birmingham, Matthew Gregory has grown his flipping empire to 90+ flips per year in mostly ‘Class A’ neighborhoods. What’s the secret to his success? Find out in this episode as we uncover how Matthew is still buying deeply discounted houses in this tight and competitive market. One hint…it’s not his m…
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Episode 24: 12 Months into COVID: What We’ve Learned
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Matthew and Spencer reflect on the past year with COVID-19; how it affected leasing properties, collecting rent, and investor sentiment across all of our markets. They explore the trends moving into the 2nd Quarter of 2021 and what you as an investor can expect in the coming months. ----------------- Connect with Matt and Spencer: Evernest.co Visit…
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Episode 23: Melissa Dodson - Finding Birmingham’s Best Wholesale Deals
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46:49
Melissa doesn’t have a problem finding wholesale deals in Birmingham. In today’s tight market, this is almost unheard of. Wholesalers, flippers, and all kinds of real estate investors are struggling to find enough discounted houses in Birmingham…but not Melissa. In this episode, we explore how Melissa is finding her best deals, how she interacts wi…
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Episode 22: How To Keep Your Tenant 20 years
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24:37
As a rental property investor, your goal is to keep your home rented and avoid tenant turnover. This may seem like common sense, but not all common sense is common practice. In this episode, we’ll walk through at least seven tips to help you keep your tenant happy and renting from you for the longterm. ----------------- Connect with Matt and Spence…
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Episode 21: Price Hightower - Building a Real Estate Empire Through Daily Discipline
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Price Hightower started his real estate business 27 years ago and built it by what he calls ‘hitting singles.’ Listen in as we uncover how self-discipline and hard work paved the way for Tower Homes’ massive success. Not only did Price make it through the recession, but he and his team used it as an opportunity to prepare for the future growth that…
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Episode 20: Off Market Deals - Our Solution to the Birmingham Inventory Problem
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Every investor will tell you that finding great deals in Birmingham has become increasingly difficult over the past several years. In today’s market, you need an advantage. That’s why we’re excited to introduce you to our solution. Listen in as we interview Gray Hall, our Director of Brokerage, about how we’re providing off-market deals to investor…
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Episode 19: Jeff Shadrick - Making Sure Your Rehab Doesn’t Sink Your Investment
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32:13
After several years in finance, Jeff hung up his suit and tie to pursue his true passion - Birmingham real estate. He started his company Build Pro which eventually led to buying fix and flips as well as personal rental properties. Jeff later expanded and started REI Trader with his partner, Jonathan Mednick. Together, they have grown their turnkey…
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Episode 18: How to Set Your Investment Goals
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Matthew and Spencer discuss how one of the most important aspects of real estate investment success - setting your goals. Find out how to get real with the facts, connected with your feelings, and ultimately end up with annual that will help you get exactly what you want. ----------------- Connect with Matt and Spencer: Evernest.co Visit the Podcas…
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Episode 17: Steve Nunnelley – Hustle and Trust in the Multifamily World
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28:13
Even when Steve was trading commodities, his passion was multifamily real estate. When he got his shot with Berkadia, he persevered and demonstrated grit and determination through over a year of no deals. In this episode we dive into how exactly Steve built his business even through those tough times. We’ll explore his thoughts on hustle and his pa…
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