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The Rent Roll Radio Show is a Real Estate Investing Podcast that focuses primarily on cash flowing real estate as a vehicle for financial freedom. We truly believe that real estate is the best vehicle for creating long term wealth. Our objective is to educate both passive and active investors by interviewing successful investors and professionals related to the industry of every kind. The Rent Roll Radio Show is brought to you by Crestworth Capital and hosted by Sterling Chapman.
Episodes
Wednesday Sep 01, 2021
Subject-To, Seller Financing and Hotel Syndications with Michael Glaspie
Wednesday Sep 01, 2021
Wednesday Sep 01, 2021
Join Rent Roll Radio’s host, Sterling Chapman, with his guest Michael Glaspie as they talk about subjecting to seller financing and hotel syndications. Michael is a loan officer, a real estate broker, and the co-founder of Five Pillars Realty. The company was initially designed to bridge the gap between realtors and investors, now expanding into a mega-source for real estate needs. Their team comprises primarily of veterans who invest in real estate, allowing them to understand other investors’ financial goals and ambitious drive. Today, Michael shares his experiences teaching other veterans how to build the lifestyle they deserve through creative investing while still practicing real estate himself.
In this episode, you’ll learn:
- How the rise of short-term rentals affected the hotel market despite travel restrictions
- The problem with full-documentation loans when acquiring local single-family properties
- What creative financing looks like and how it can accelerate your portfolio’s growth
- The difference between Subject-To’s and loan assumption in terms of legalities
- What protects sellers from giving away their property while still owing the debt in Subject-To’s
- And much more!
About Michael Glaspie
Michael Glaspie is a commercial real estate broker in Charlotte, NC. Michael attended the University of Houston—Downtown and received his bachelor’s degree in Business Management. Soon after, he earned his master’s in Business Administration from the University of North Carolina—Chapel Hill.
Not only that, but Michael also served ten years in the US Army, with a majority spent in Special Operations as a Green Beret. And since purchasing his first investment property in 2014, he has switched his focus to creative investing. As a result, Michael completed several transactions in various ways, such as Subject-To, seller-financing, syndications, and buy-and-holds, in less than three years. In addition, he currently holds over 100 rental properties and short-term arbitrages in multiple states and cofounded an investment-centric real estate team called Five Pillars Realty.
Connect with Michael Glaspie!
Website: www.fivepillarsrealty.com
LinkedIn: https://www.linkedin.com/in/michael-glaspie-ii-mba-1a0731136/
Facebook: https://www.facebook.com/michael.s.glaspie/
Instagram: https://www.instagram.com/michael.s.glaspie
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