Kyle Law is the Founder and President of All in Investments LLC, where he acts as a wholesale property investor. He is also a renovation expert, contractor, and mentor.
Here’s a glimpse of what you’ll learn:
- Kyle Law talks about his wholesaling and property renovation initiatives
- Kyle’s inspiration for becoming an entrepreneur and how he differentiates himself from other wholesalers
- Key predictions for the real estate market in 2023
- Choosing between hard money lending, private capital, and traditional bank loans
- How to reduce property renovation costs
- Kyle shares how he mentors new investors in construction and house flipping
- Advice for buying, renovating, and flipping real estate
In this episode…
In a post-pandemic real estate market, beginner investors often struggle to break into the industry and are exploited, causing them to lose money in the process. With so many investment options and best practices, how can you determine the optimal strategy to secure profitable deals?
As a versatile real estate investor, Kyle Law is an expert in wholesaling, renovations, and house flipping. Wholesaling allows you to obtain a contract on a dilapidated property and sell that contract to another buyer for commission. If leveraging this method, Kyle advises charging a flat rate to mitigate risk and ensure success. Inexperienced investors should utilize commercial bank financing at low interest rates when evaluating loan options. The most profitable strategy involves buying, renovating, and flipping houses to generate a consistent revenue stream. To minimize renovation costs, Kyle uses an app that analyzes the average price per location and budgets accordingly.
In today’s episode of The Same Day Podcast, Mat Zalk is joined by Kyle Law, Founder and President of All in Investments LLC, to talk about real estate strategies for novice investors. Kyle shares how to reduce property renovation costs, his predictions for the 2023 real estate market, and advice for buying, renovating, and flipping real estate.
Resources mentioned in this episode:
- Mat Zalk on LinkedIn
- Keyrenter Property Management
- Keyrenter Property Management Tulsa
- Keyrenter Property Management Oklahoma City
- Keyrenter Property Management Arkansas
- Keyrenter Property Management email address: [email protected]
- Kyle Law on LinkedIn
- Chris Lile State Farm
- Chris Lile’s phone number: 918-878-7771
- Tyler Bennett Real Estate
- “Paving the Way for Affordable Housing in Urban Communities” with Devin Howland on The Same Day Podcast
- “Property Management FAQ: How Keyrenter Handless All Aspects of the Process” with Yoni Schmidt on The Same Day Podcast
- “HVAC Systems: Maintenance Considerations and Pricing” with Kevin Evans on The Same Day Podcast
Sponsor for this episode…
Chris Lile at State Farm Insurance:
This episode is also brought to you by Chris Lile at State Farm Insurance.
Chris Lile at State Farm helps you protect your most precious assets and investments, including home and auto.
To learn more about how you can save double digits on all your insurance needs, visit diallial.com or call Chris’ office at 918-878-7771.
Keyrenter Property Management:
This episode is brought to you by Keyrenter Property Management.
Keyrenter Property Management is a full-service property management company who helps their clients buy, renovate, and operate real estate assets.
They help clients build wealth while taking the headache out of property management.
That’s why, no matter what rental you have — single-family homes, condos, townhomes, or apartments — they can give you the management solutions you need.
To learn more about their services, go to https://keyrenterpmc.com/ or send them an email at [email protected].
Episode Transcript
Intro 0:05
Welcome to The Same Day Podcast where we discuss driving incremental business growth and other topics related to real estate, property management and entrepreneurship. Now to the show at hand.
Mat Zalk 0:20
Mat Zalk here on those of The Same Day Podcast where I connect with top business experts and real estate leaders past guests include Devin Howland, talking about economic development Fayetteville, Arkansas, Yonatan Schmidt of the Keyrenter team. Talking about property owners frequently asked questions, Kevin Evans, of Liberty Air Services, talking about H vac systems, how they work and why they’re so darn complicated. I get a lot of questions about H back especially during summer when they’re running 24/7. And so we have a podcast talking about some of the intricacies of those systems. Today’s episode is brought to you by Chris Lile State Farm Chris Lile State Farm helps protect your most precious assets and investments whether it’s your home and auto investment rental properties or other valuables call Chris Lile State Farm for a quick and painless phone call to potentially save you double digits on all of your insurance needs. Visit HTTPS Do we still need to say that I think it’s like www I don’t know anyway. diallal.com diallial.com recalls opposite 918-878-7771. Today’s episode is also brought to you by Keyrenter Property Management, Keyrenter Property Management. We’re a full service property management company helping our clients buy, renovate and operate real estate assets. We help our clients build wealth while taking the headache out of property management. Kyle you know, as well or better than anybody else how hard it is to line up contractors getting make ready done in a reasonable amount of time. And after a tenant leaves the property. The folks that swing a hammer, they’re busy, and sometimes their work seems to drag on forever and all that leads to loss of rental income, high Keyrenter, we line up dedicated vendors so that turns can happen super quickly and we get more money back in the pockets of our owners. That’s why no matter what rentals you have single family homes, condos, townhomes, apartments, we have the management solutions, you need to go to keyrenterpmc.com or any of our individual sites that’s Tulsa, Wichita, Oklahoma City, Arkansas for more details. Today’s guest is Kyle Law. He’s a man about town. He’s a wholesaler investor, renovation expert and contractor and he’s a future mentor. He’s doing some mentoring now. But he’s gonna scale that side of his business. We’re gonna hear more about that. He’s born and raised in Oklahoma, he moved to Tulsa in 2007. And then back in 2017, which is when I met him because I also moved to Tulsa in 2017. And he’s done a whole bunch of stuff. Kyle, welcome to the show.
Kyle Law 2:36
Thank you. Thank you for having me. Mat.
Mat Zalk 2:37
Tell me, tell me about some of the different things that you’ve worked on over the past five years. I, I know you through the wholesaling world, and we’ve done so many great deals together and helped so many of our clients buy awesome properties. And honestly, I speak to our clients all the time. They’re like, I wish we could buy more of those deals that we bought back in 17 1819. And you know, at the time, and then I’ll let you answer the question that I just asked you. So stand by one second. It’s annoying, I know. But like at the time, we you know, we put a deal in front of people. And it’d be like, well, it’s 30 grand for 30 grand, we should probably have a new roof on it or for 30 grand. I don’t know if I’m willing to like do some new plumbing work or whatever. And people would pass a bulk of deals. And now they’re looking back and I just spoke to him 100 So it was a great client of ours. I saw him the other day at a at a comedy show who’s at John Mulaney or something is a great comedy shows at the casino. And he was like God, I kick myself for all the deals that we passed up that we should have just bought because now they’re worth 8090 or whatever it is. It’s absolutely insane. But back to the question, tell us a little bit about the myriad things you’ve done over the last couple of years.
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