Today on the show we have high-level real estate entrepreneur from New Orleans. Marcus Tuttle is a cash flow investor. However, he has also done some impressive large-scale rehabs in his city. He is in the business for over 20 years! So pay attention! In this episode, we will go through various topics, from rehabs in historic districts to new age technologies and opportunities.
Marcus Tuttle – 504 220 9154
Show Notes:
00:00 – 03:27 Introduction
03:27 – 05:30 Rental portfolio and cash flow
05:30 – 07:11 Rehabbing old houses
07:11 – 08:59 City rules and historic districts
08:59 – 10:10 Pricing in New Orleans
10:10 – 11:26 How hurricane in New Orleans affected the market?
11:26 – 12:30 How hurricane in New Orleans affected houses?
12:30 – 14:48 Mindset of an investor who is taking on a big project
14:48 – 17:24 Financing old properties. Owner financing.
17:24 – 19:15 Understanding debt
19:15 – 24:37 Necessary risks and persistent work. Events.
24:37 – 27:44 Marcus’s strategy at the moment
27:44 – 29:14 EXP
29:14 – 31:33 Way to play in a higher valued market
31:33 – 32:58 How the crash affected Markus’s market
32:58 – 36:29 Advice to younger self
36:29 – 43:35 Living in a multifamily houses and Airbnb
43:35 – 44:58 Peaces of advice for the end
44:58 – 49:26 Contact information
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