Building A Real Estate Business buying, selling, and managing properties with Michael Rogers – AEP #28

Guest: ​Michael Rogers
​Company / Business name: ​​​​​Chandler Properties, Sell Michael Your House
Business web site | ​LinkedIn​ | Facebook

​Michael Rogers is the owner of Chandler Properties, a real estate investment portfolio that focuses on self storage and residential rentals in Cleveland, Tennessee market.

Tools / Books / Resources mentioned:

​Resources: Dan Barrett Facebook Ads course

Show Notes:

Michael shares his entrepreneurial journey from an accountant to real estate over a span of 20 years. He saw at least 2 real estate cycles of ups and downs.

When he started with real estate, he used to buy to full price and do all the work himself and make some money when he sold for higher price. But Michael realized that he had to buy at value prices and possibly pay others to do services to really scale his business.

We talked about financing and how relationship with local banks is key.

Michael said his analytical background helped in this business. But Michael also talks about how real estate transactions are different because of all the emotional attachments above and beyond just financial transactions.

Michael explained how digital marketing was a huge game changer and how he learned digital marketing (Dan Barrett classes) and did Facebook ads, retargeting all by himself.

Michael talks about some of his learnings namely importance of value investing, knowing your circle of competence, and the importance of patience.

His advice is to start with a side hustle, follow value investing principles, and the importance of value investing.

​He is a huge fan of Warren Buffett and Charlie Munger (who is not).

​Episode Transcript (Click to expand)

About the Author Ramesh Dontha

I am an entrepreneur, writer, and blogger. I build businesses and love to share my experiences of my successes and failures. My mottos is: Live with purpose, Be Passionate about that purpose, Persevere through ups and downs and keep exploring Possibilities.

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