James Lemon grew up in a single parent home in Mississippi. As he watched his mother work hard to provide for the family, he was taught early on that the only limit to what he could achieve was himself. Real Estate became his passion and after investing only $6000 into his first investment property he knew there were no limits to what he could accomplish in the industry. The show will discuss how to get started with real estate investing, will have guest experts sharing how they started and are growing their portfolios, as well as how to manage investments and tenants.
Today James shares with you the secret sauce on how he can take a $12,000 house and turn it into a sizable portfolio using the BRRRR Method. He explains why in any real estate investment that you make, you make your profit it when you purchase the property. Listen to how value add properties are the way to go. Some of the topics discussed are: The importance of a home inspection How to know what kind of house to buy The ins and outs of remodeling a home How to know how much rent to charge The importance of borrowing on the property that you have purchased The final and most important step - listen to find out. Subscribe, Rate & Share Your Favorite Episodes! Thanks for tuning into today's episode of From the Projects to Portfolios: Real Estate Investing for All with your host James Lemon. If you enjoyed this episode, please head over to Apple Podcasts or your favorite podcast player to subscribe and leave a rating and review. Don't forget to visit our website, connect with us on Instagram, Facebook, LinkedIn, YouTube and share your favorite episodes across social media.
Today, Myra joins James to discuss her journey to real estate. She shares with us how she adjusted to the demands of investing in long distance real estate during a pandemic and how she pivoted to still be successful. Myra Hoskins is a 1995 graduate of Alcorn State University has extensive experience in the Finance Industry. She is a licensed CPA in the state of TX, possesses a Master of Accountancy Degree and an Executive Education Certificate in Real Estate Investment and Development. She currently works with Houston Habitat for Humanity as its first Chief Financial Officer. After achieving so much success in the financial world, Myra decided it was time to diversify her income by taking a leap of faith into real estate investment. Since entering the real estate industry in 2018 she has grown her investment portfolio to 19 properties located in three states valuing over 1 million dollars. By establishing affordable housing for individuals and families, she also is building generational wealth for her sons Kelvin and Keyan. Some of the topics discussed are: How to choose successful investing partners What is long distance real estate investing How to be successful in long distance real estate investing The Shreveport, LA real estate market Section 8 housing The lending process You can get in touch with Myra on Instagram @mymarcinvestments Subscribe, Rate & Share Your Favorite Episodes! Thanks for tuning into today's episode of From the Projects to Portfolios: Real Estate Investing for All with your host James Lemon. If you enjoyed this episode, please head over to Apple Podcasts or your favorite podcast player to subscribe and leave a rating and review. Don't forget to visit our website, connect with us on Instagram, Facebook, LinkedIn, YouTube and share your favorite episodes across social media Instagram: @easyassippinglemonade Facebook: James Lemon and Associates Real Estate YouTube: James Lemon Realtor Investor Me
Today James shares the six different options for investing in real estate. He breaks down each one and explains the pros and cons of each one. James talks about the importance of building relationships in any business but especially real estate. Some of the books discussed in this podcast are: Financial Genius by Mark O. Haroldsen The Richest Man in Babylon by George S. Clason Subscribe, Rate & Share Your Favorite Episodes! Thanks for tuning into today's episode of From the Projects to Portfolios: Real Estate Investing for All with your host James Lemon. If you enjoyed this episode, please head over to Apple Podcasts or your favorite podcast player to subscribe and leave a rating and review. Don't forget to visit our website, connect with us on Instagram, Facebook, LinkedIn, YouTube and share your favorite episodes across social media.
In this episode James shares with you his beginnings in education and how he started investing in his first property. He takes you through his success and the steps that led him to his over 2 million dollar portfolio today. Some of the topics discussed are: Lessons learned The purpose of the podcast The importance of passive income His inspiration The three Cs in real estate How to find the right bank Subscribe, Rate & Share Your Favorite Episodes! Thanks for tuning into today's episode of From the Projects to Portfolios: Real Estate Investing for All with your host James Lemon. If you enjoyed this episode, please head over to Apple Podcasts or your favorite podcast player to subscribe and leave a rating and review. Don't forget to visit our website, connect with us on Instagram, Facebook, LinkedIn, YouTube and share your favorite episodes across social media.