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Jan. 10, 2022

09 | Keeping it Personal: Relationships and Property Management with Bethany & Nate Smith

09 | Keeping it Personal: Relationships and Property Management with Bethany & Nate Smith

Nate and Bethany have had a longtime interest in Real Estate Investing and started by house hacking their first home 12 years ago with a VA loan. Nate has also served 15 years in the USAF and is currently a C-130J pilot in the California Air National...

Nate and Bethany have had a longtime interest in Real Estate Investing and started by house hacking their first home 12 years ago with a VA loan. Nate has also served 15 years in the USAF and is currently a C-130J pilot in the California Air National Guard part-time. 

 

Bethany has a background in residential real estate sales working as the Director of Operations for one of the top sales teams in Utah, where she developed a strong interest in and passion for Multi-Family real estate. She transitioned at the beginning of 2019 into Multi Family Investing full time. She is acting asset manager on several communities in Southern Arizona and is passionate about transforming troubled apartment complexes into safe, stable communities for tenants and their families. 

 

Nate & Bethany are also Senior Marketing Directors with World Financial Group and lead a growing financial services agency based in Southern California that is expanding nationwide, currently in 7 states, helping their team and clients save, grow, and protect their wealth. They are passionate about helping other couples work together to achieve their collective dreams and live life by design!

 

Let’s tune in to their story!

 

[00:01 - 16:18] Opening Segment

 

  • Welcome to the podcast!
  • Get to know our guests Bethany & Nate Smith
    • Bio
    • Nate and Bethany share their life backgrounds
    • Leaps of Faith and Switches in Careers and Real Estate
    • Nate and Bethany’s Portfolio
    • Developing Relationships and How to Start that Communication  

 

[16:19 - 28:40] Keeping it Personal: Relationships and Property Management

 

  • Ike’s favorite word, “leverage”
  • The Importance of Follow-ups
  • How to Keep those Relationships Tight
  • That Slice of the Pie with Multifamily
  • How Nate and Bethany manage their own properties
  • Is personal property management set for Bethany and Nate?
  • Other factors to consider when underwriting properties

 

[28:41 - 41:23] Slice of Knowledge

 

  • Routine is Key
    • Controlling the first and last 45 minutes of the day
  • One Slice of Wisdom
    • Controlling the noise
    • Keeping those that help you grow
  • Real Estate Multifamily Vocabulary
    • Asset classes
    • Cash flow
    • Criteria
  • Books and Masterminds to Try
  • Final words
  • Connect with our guests, Bethany & Nate, in the links below



Tweetable Quotes

 

“If you're setting out on this journey, focus hardcore on one market.” - Bethany Smith

 

“Cut out the noise… Start yourself with great people that are going in the right direction.” - Nate Smith

 

“In business, whether it's real estate or investing wherever it is, your mindset and your personal development is [are] super super important.” - Nate Smith

 

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Reach Bethany & Nate through Facebook and Instagram (Your Cash Flow Couple, Bethany, Nate)

 

Check out their website: www.yourcashflowcouple.com 




Thanks for listening to Multifamily by the Slice!  

 

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