AAA81 Taking Leaps of Faith - Nathan Tabor

Bio: Nathan Tabor has built a life helping others and improving lives. Throughout his own life and experiences, Nathan has acquired an incredible ability to solve problems, develop game plans, and create real and lasting results in both his personal and professional life. He has successfully founded and operated more than two dozen businesses since 1999, grossing over $150 million in sales. His experience spans the areas of commercial real estate acquisition and redevelopment, automobile sales, direct product sales, web-based marketing, and strategic partnership facilitation. Apartment Flipping Experience • 26 Properties Flipped in 9 years • Grossed over $52 million in sales • Raised over $1 million from investors • Consulted on deals worth over $200 million He's had amazing successes and epic failures, and learned more from his failures than his successes. After years of struggling to keep all of the balls in the air, he learned that there are laws and processes that, when implemented, will deliver the desired results. Over the years, his companies have been honored with many awards and rankings. In 2012, 2013 and 2104 his parent company was ranked by Inc. magazine's Inc. 5000 as one of the fastest growing small businesses in the United States. In 2014, 2015, and 2016, his real estate management company was listed as one of the largest in the Piedmont Triad. Nathan earned his Bachelor's degree in Psychology from St. Andrew's Presbyterian College and his Master's degree in Public Policy from Regent University. He has been married to Jordan for 13 years and their daughter Abigail is 12. ADAM'S SHOW NOTES FOR THIS EPISODE: Nathan Tabor Kernersville NC 30,000 Pedmont triad 40-60 miles from home Class C 0% occupied 86K 1,500,000 renovations (knowing numbers and know areas... know caps, know rents... conservitave numbers... alwasys saying) On site - micro management Saves 30% on reno by mangaging himself... and has saved like 450K in 6 months Why are you staying so close? 200MM outside my area "I might take equity in a deal to help" serial entrepreneur 25 companies since 1999 2006 Creative RE... 26 apartment deals No syndications but raised prvate equity 1,000,000.00 on 4 deals... Construction loans interest only for 12 months, Reserve account in banks, Banks, Personal, Terms. Money Escrow (very close witht he seller but 100K off, Rent Rolls dont' mean anyting.. NEED BANK STATEMENTS), Down Payment Realocation, Low offers, Due Diligence. (Plumbing/Electric Issues) pull 2 years of city complaints...Police reports online... 3rd party items that you can pull and don't have to rely, eviction records... zone... $2.3 $1.075 no counter, you dont know unlewss you ask. "Answers alwasys no until you ask" emails billion buy here pay here lot 80 million but they said no 18 unit 6th bank said yes and gave 100% financing if I stopped asking I wouldn't have made 232K in __ months... Links mentioned in this episode: Business About - https://www.nathantabor.com/mystory Real Estate About - https://apartments.nathantabor.com/about-nathan Social Media - https://apartments.nathantabor.com https://www.linkedin.com/in/nathantabor/ https://www.facebook.com/nathantaborbusiness This podcast is powered by ZenCast.fm