197: Colin Murphy: Real Estate Turnkey Cashflow In Florida

  My guest in this episode is Colin Murphy. Colin is the Director & Co Founder of a real estate firm called Torcana which buys, renovates and sells high cash flowing rental properties in Tampa Florida. Aside from being the in house “number cruncher” for Torcana, Colin spends most of his time bidding on property auctions, organizing direct mail campaigns, networking with local wholesalers and promoting their products to out of state and overseas investors. Colin started out in 2004 selling advertising space in real estate magazines and exhibitions in the UK & Ireland. It gave him a great insight into the industry as he was constantly meeting and pitching business to experienced professionals. In 2009 he set up Torcana.com with two friends the goal of offering marketing services to sellers of completed, tenanted and cash flow positive deals in the state of Florida. He started out in Orlando and moved onto St. Petersburg & Jacksonville before focusing more intensely in Tampa Bay from 2014 onwards. In 2015 Torcana purchased and renovated 28 single family homes. In 2016 we did over 70 properties and in 2017  are set to exceed 100 properties. Most of these are one story single family homes which they bought, renovated and sold "rent ready" to out of state and overseas investors seeking strong cash flowing rentals. They also add properties to their own rental portfolio on a regular basis. Their primary goal is to find ways of putting both their own funds and those of trusted clients to productive use without taking unnecessary risks. Interview Links: Torcana If you have enjoyed our podcast, please share with friends and family Please Subscribe, Rate, and Review on Itunes so more people can find us! so more people can find us! Please Support Us by Becoming A Patron on Patreon Open Your Goldmoney Account & Get A 5% Bonus Support Our Sponsors Gelt Inc.,  is committed to providing investors with quality, cash-flowing investment opportunities and is seeking to acquire multifamily, retail, and mobile home park properties in the Western United States with an emphasis in California, Utah, Nevada, Arizona, Colorado, and Oregon. www.geltinc.com The Real Asset Investor, create value for investors looking for higher yield returns from real estate ventures domestically and also internationally and other real asset classes such as ATM's. www.therealassetinvestor.com Joint Ops Properties, have designed a system to take any beginner to an experienced deal making investor in the least amount of time, offering opportunities from basic education, coaching, bridge investing to turn-key investments in the cash flowing market of St. Louis, MO. www.jointopsproperties.com Norada Real Estate helps take the guesswork out of real estate investing.  By researching top real estate growth markets and structuring complete turnkey real estate investments, we help you succeed by minimizing risk and maximizing profitability. www.noradarealestate.com Valhalla Wealth Financial, reclaim the banking function within your own life with the premier strategies of the Wealthy. www.valhallawealth.com Audible, download any audio book for FREE when you try Audible for 30 days www.cashflowninjabook.com Thanks so much for joining me again. Have some feedback you’d like to share? Leave a note in the comment section below! If you enjoyed this episode, please share it using the social media buttons you see at the bottom of the post! Also, please leave an honest review for the Cashflow Ninja Podcast on iTunes. Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. And finally, don’t forget to subscribe to the show on iTunes to get automatic updates, please follow me on twitter @mclaubscher and Instagram, @cashflowninjapodcast. Until next time! Live a life of passion and purpose on YOUR terms, M.C. Laubscher