How to Build a Real Estate Business with No Employees or Overhead

with... Douglas Larson

An interview with Doug Larson on how to grow your real estate business with limited resources.

Tuesday, November 27, 2018

SLCC, Miller Campus, KGMC
9750 South 300 West
Sandy, UT 84070


It is not uncommon to hear stories about real estate and what it can do for you life. However, most of the stories are about building an empire with a big staff of employees, lots of overhead and a big marketing budget. 


What if you just want a comfortable lifestyle that grants you great monthly passive income, time to do what you want, and none of the stress that comes with managing employees?

If that is the case, you don't want to miss the November Main Monthly Meeting where Jeff Rappaport, President of Jupiter Property Solutions will interview Doug Larson on how he has achieved the American dream over the last 18 years investing in real estate in Utah, California, and Hawaii. The best part is that he has done it with just him and his wife

Finally, Doug will try to answer the question, "Is the market getting too expensive?"

MORE ABOUT DOUG LARSON:  Douglas A. Larson is first a husband and a father of three awesome, adopted children. Doug spends all the time he can with his family, sometimes away on an exotic adventure, but most often close to home in Utah, enjoying the simple things in life, like watching a neighborhood kid mow his lawn on the weekend while Doug also watches football.
Doug left the traditional workforce 13 years ago to become a a full-time Real Estate Investor. He has regretted that decision only a few times during the last decade or so. Doug attended three colleges, but eventually graduated from the school of hard knocks, majoring in “reinventing the wheel.”
Despite overwhelming odds, Doug has been able to create a nice, 6-figure so-called "passive income stream" with real estate and other investments. However, Doug has learned that "passive income" is not always passive and sometimes is not even income. Doug has also been able to create a solid, seven-figure net worth but, if the US experiences another housing market crash, he will likely need to move to Guatemala to enjoy the retirement of his dreams.
Doug is not a big-time Real Estate mogul. No mansion or Lamborghini. No multi-family properties. No commercial. It's only Doug and his wife. She does the bookkeeping, and also tempers Doug's enthusiasm when he is overly-optimistic about a big, hairy project. Doug finds the deals and finds the funding for the deals and manages renovations. Doug uses subcontractors for much of the labor on renovation projects but doesn't have employees or benefits packages or payroll. It's literally a Mom and Pop shop. Doug has 11 income properties right now and 6 of them are free and clear. They generate a total of $13,800/mo income. Doug also fixes and flips 3-5 properties per year, sometimes out of state, just for fun.
Doug's philosophy is NOT about collecting a certain number of doors or trying to 10X his life or juggle many concurrent projects. It's more about monthly cash-flow from rentals and the right, balanced lifestyle.
In Doug's former life (before real estate) he was involved in healthcare, but he quickly realized that almost every position in every business is really about sales, marketing and relationships, from the bottom to the top. Even though Doug is inherently lazy, he realized that working smart AND sometimes working hard are the keys to success in almost every aspect of life. One of his favorite quotes, attributed to Coleman Cox in 1922 is is "I am a great believer in luck. The harder I work, the more of it I seem to have."

ABOUT THE SPONSOR:  If you are looking for property management services or rental options in Northern Utah, Reeder Asset Management is here to help. Our family-owned and operated company has over 15 years of experience in rental real estate, including personal experience with ownership, and we are ready to go to work for you.
We serve a broad area in Northern Utah covering over 130 miles – including Salt Lake City, Davis County, Weber County, Box Elder County and Cache Valley. Our familiarity with such a broad market makes us an excellent partner in the management of your investments. We know how to attract and retain quality tenants, helping to reduce turnover, improve revenue streams and build successful rental investments. For more information, call us today at (801) 828-8944 or visit us at https://www.reederproperties.com/

For More Info:  Contact Rebecca Dearing by calling (801) 647-8862 or by sending an e-mail to rebecca@utahreia.org.

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Date: Tuesday, November 27, 2018
Time: 6:30 PM - 8:30 PM

Location:
SLCC, Miller Campus, KGMC
9750 South 300 West
Sandy, UT 84070

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