How Alan McGeever Turns Distressed Homes Into Million-Dollar Real Estate Deals · Investor Fuel Real Estate Show · Radar

High-Dollar Markets & Large-Budget Rehabs6:27 – 9:20

Mike HambrightHost

6:27

Yeah, yeah.

Mike HambrightHost

6:27

And you pulled on those skills that you had.

Mike HambrightHost

6:29

You built up those skills.

Mike HambrightHost

6:29

You thought you probably put them on a shelf, but then they came back around.

Alan McGeeverGuest

6:33

And that's it, you know, and that's it.

Alan McGeeverGuest

6:34

And it's funny how your life goes and you develop and grow and you find out the things that you actually enjoy doing.

Alan McGeeverGuest

6:39

And then, you know, if you can make money from those things that you enjoy doing, that's the perfect scenario, right? So that's it.

Alan McGeeverGuest

6:46

And I kind of was able to merge both of those.

Alan McGeeverGuest

6:48

And you get to discover a lot about yourself as well.

Alan McGeeverGuest

6:50

I discovered that, you know, I don't want to be setting tiles or hanging drywall.

Alan McGeeverGuest

6:55

Right.

Alan McGeeverGuest

6:55

But I want my team to do that.

Alan McGeeverGuest

6:57

But I enjoy, you know, finding the home and going ahead.

Alan McGeeverGuest

7:01

And I have actually learned that I'm really good at designing.

Alan McGeeverGuest

7:04

I love designing.

Alan McGeeverGuest

7:05

I love, I guess, the creation, the creation, the artistic side of me that I actually have a good eye for piecing it together to make it look good.

Alan McGeeverGuest

7:14

Yeah.

Alan McGeeverGuest

7:14

Yeah.

Mike HambrightHost

7:14

One of the things that I want to talk about it, I'll say this, correct me if I'm wrong here, but obviously one of the benefits you have is you're in a very high dollar per market per square foot market that allows you to do to make big moves.

Mike HambrightHost

7:27

Right.

Mike HambrightHost

7:27

Because there's people that are willing.

Mike HambrightHost

7:29

I know you're you're

Alan McGeeverGuest

7:29

you're rehabbing a five million dollar house right now.

Alan McGeeverGuest

7:31

So

Mike HambrightHost

7:32

in coastal markets, you know, there's not you're not going to do this in Cincinnati, Ohio.

High-Dollar Markets & Large-Budget Rehabs6:27 – 9:20

Mike HambrightHost

6:27

Yeah, yeah.

Mike HambrightHost

6:27

And you pulled on those skills that you had.

Mike HambrightHost

6:29

You built up those skills.

Mike HambrightHost

6:29

You thought you probably put them on a shelf, but then they came back around.

Alan McGeeverGuest

6:33

And that's it, you know, and that's it.

Alan McGeeverGuest

6:34

And it's funny how your life goes and you develop and grow and you find out the things that you actually enjoy doing.

Alan McGeeverGuest

6:39

And then, you know, if you can make money from those things that you enjoy doing, that's the perfect scenario, right? So that's it.

Alan McGeeverGuest

6:46

And I kind of was able to merge both of those.

Alan McGeeverGuest

6:48

And you get to discover a lot about yourself as well.

Alan McGeeverGuest

6:50

I discovered that, you know, I don't want to be setting tiles or hanging drywall.

Alan McGeeverGuest

6:55

Right.

Alan McGeeverGuest

6:55

But I want my team to do that.

Alan McGeeverGuest

6:57

But I enjoy, you know, finding the home and going ahead.

Alan McGeeverGuest

7:01

And I have actually learned that I'm really good at designing.

Alan McGeeverGuest

7:04

I love designing.

Alan McGeeverGuest

7:05

I love, I guess, the creation, the creation, the artistic side of me that I actually have a good eye for piecing it together to make it look good.

Alan McGeeverGuest

7:14

Yeah.

Alan McGeeverGuest

7:14

Yeah.

Mike HambrightHost

7:14

One of the things that I want to talk about it, I'll say this, correct me if I'm wrong here, but obviously one of the benefits you have is you're in a very high dollar per market per square foot market that allows you to do to make big moves.

Mike HambrightHost

7:27

Right.

Mike HambrightHost

7:27

Because there's people that are willing.

Mike HambrightHost

7:29

I know you're you're

Alan McGeeverGuest

7:29

you're rehabbing a five million dollar house right now.

Alan McGeeverGuest

7:31

So

Mike HambrightHost

7:32

in coastal markets, you know, there's not you're not going to do this in Cincinnati, Ohio.