64|How to effectively manage out-of-state investments and property managers with Doug Spence

Doug Spence currently resides with his wife, Cait, and parrot, Ruby, in San Diego. He was born and raised in Houston, Texas and took undergraduate studies at Baylor University and MBA from the University of Florida. Doug has been an active duty Navy officer since 2009 and had his first home acquisition in 2016.

[00:01-07:26] Having that Lightbulb Moment

Doug shares about his background and how he got into real estate
Investing out of state and having proper system in place

[07:27-19:34 ] Finding the Right Property Manager

Creating a forum looking for property managers in Oklahoma City
Sitting down and interviewing every applicant for the role

[19:35-22:23] Legacy Round

Burr he did in Oklahoma
Had to rehab a house longer than initially projected

[22:24 -27:49] Slice of Knowledge

Typical day looks like: Waking up early and doing a journal
One Slice of Wisdom: Put in the work
Real Estate Multifamily Vocabulary: Daily action, Fantastic team, being eligible about financing
Books and Masterminds to Try: Long-Distance Real Estate Investing by David Greene, The Millionaire Real Estate Investor

Reach Vadim Rey

Social Media: Instagram

Website: https://honorandequity.com/

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