Looking into investing on your own? In today’s episode, we’re going to dive into them! Scott Price is an active real estate investor, currently owning multi-family, SFR, office, retail, medical, and land properties throughout Washington state. His primary focus is to buy and hold cash flow investments, occasionally partnering with other investors. Scott was a Real Estate Manager, Team Manager, Program Manager, Consultant, and Team Leader with successful roles in large companies, startups, and public sector. He proactively moved groups toward achieving high level business objectives, while working across many stakeholders and holding together all the details. Scott specializes in real estate and facilities management, real estate investment, software and hardware engineering, marketing, full lifecycle product development, business process improvement, international relations, virtual team management, and growing business concepts from initial idea through market release.
[00:01] – [04:48] Opening Segment
- Let’s get to know today’s guest, Scott Price
- Scott shares about starting with a small investment and growing bigger
- Almost two decades of real estate investing experience
[04:49] – [14:23] Sole Ownership
- How to Do REI Alone
- You are limited with long range plans
- Being a financing ninja
- Scott talks about his diversified assets
- Managing assets and tenants
[14:24] – [20:50] Land Investing
- What Makes Land a Good Investment
- Looking for more potential in land investment
- Criteria for smaller markets
[20:51] – [26:12] Final Four Segment
- Scott’s advice to aspiring investors
- “Actively jump in and have a team and processes.”
- How Scott stays on top of his game
- Staying educated
- Scott’s way to make the world a better place
- Community sculpture park: Price Sculpture Forest
- Reach out to our guest – see links below
- Final words
Tweetable Quotes
“You really got to be thinking about that and analyzing not just what you buy at that moment in terms of that tenant… you really got to be thinking of the future.” – Scott Price
“No cash flow is not very appealing.” – Scott Price
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Connect with Scott Price through: Scott@Bonvolo.com, Facebook, and LinkedIn. Check out his website https://bonvolo.com and take the first step on your solo real estate journey.
Connect with me:
I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.
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Email me → sam@brickeninvestmentgroup.com
