How to Scale Commercial Real Estate

Full Service Property Management, Repair and Rehab with Colin Douthit

March 03, 2021 Sam Wilson Season 1 Episode 94
How to Scale Commercial Real Estate
Full Service Property Management, Repair and Rehab with Colin Douthit
Chapters
How to Scale Commercial Real Estate
Full Service Property Management, Repair and Rehab with Colin Douthit
Mar 03, 2021 Season 1 Episode 94
Sam Wilson

Colin Douthit owns Atlas Property Management and Atlas Construction. In his first 18 months in real estate, he was able to acquire ownership in 65 doors while self-managing them. This led him to start a property management company, Atlas Property Management, which currently manages over 700 units and is adding 75-100 units per month.

Atlas Construction which was founded in 2020 will do over $2M dollars in rehab this year. He has 3 Engineering degrees which led him to a career as a Professional Engineer, and after realizing that Engineering wasn’t for him, he made the decision to leave the corporate world after 7 years and start investing in real estate.

[00:01 – 03:38] Opening Segment

  • Let’s get to know Colin Douthit
  • Colin talks about his background
    • His time as a corporate employee
    • Shifting to a career in real estate

[03:39 – 17:15] Property Management, Rehab and Repairs

  • Funding, Buying and Scaling in real estate
  • Focusing on helping his investors 
  • The mix and size of properties they manage nowadays
  • Finding their niche in the market
  • Challenges they faced as they grew and scale their business
  • Working to grow his business
  • Colin talks about how and why he started his construction business
  • Working with his partner to grow their business

[17:16 – 19:20] Closing Segment

  • Colin’s advice to aspiring investors
    • When doing a value-add in a property, take out a construction loan and add 15 percent
  • How He stays on top of his game
  • His way to make the world a better place
  • How to reach out to Colin – links below
  • Final words


Tweetable Quotes:

“Work on the business, not in the business. So getting to that point where I’m working on the business was a big step for me.” - Colin Douthit

“If you’re gonna do a value-add on a property, make sure you take out a construction loan and then add 15 percent.” - Colin

Resources Mentioned: 


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Connect with Colin, follow him on LinkedIn. Visit https://atlas.rentals/.



Connect with me:

I love helping others place money outside of traditional investments that both diversify strategy and provide solid predictable returns.

Call: 901-500-6191

Facebook

LinkedIn

Like, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in! 

Email me --> [email protected]

Show Notes

Colin Douthit owns Atlas Property Management and Atlas Construction. In his first 18 months in real estate, he was able to acquire ownership in 65 doors while self-managing them. This led him to start a property management company, Atlas Property Management, which currently manages over 700 units and is adding 75-100 units per month.

Atlas Construction which was founded in 2020 will do over $2M dollars in rehab this year. He has 3 Engineering degrees which led him to a career as a Professional Engineer, and after realizing that Engineering wasn’t for him, he made the decision to leave the corporate world after 7 years and start investing in real estate.

[00:01 – 03:38] Opening Segment

  • Let’s get to know Colin Douthit
  • Colin talks about his background
    • His time as a corporate employee
    • Shifting to a career in real estate

[03:39 – 17:15] Property Management, Rehab and Repairs

  • Funding, Buying and Scaling in real estate
  • Focusing on helping his investors 
  • The mix and size of properties they manage nowadays
  • Finding their niche in the market
  • Challenges they faced as they grew and scale their business
  • Working to grow his business
  • Colin talks about how and why he started his construction business
  • Working with his partner to grow their business

[17:16 – 19:20] Closing Segment

  • Colin’s advice to aspiring investors
    • When doing a value-add in a property, take out a construction loan and add 15 percent
  • How He stays on top of his game
  • His way to make the world a better place
  • How to reach out to Colin – links below
  • Final words


Tweetable Quotes:

“Work on the business, not in the business. So getting to that point where I’m working on the business was a big step for me.” - Colin Douthit

“If you’re gonna do a value-add on a property, make sure you take out a construction loan and then add 15 percent.” - Colin

Resources Mentioned: 


------------------------------------------------------------------------------------------


Connect with Colin, follow him on LinkedIn. Visit https://atlas.rentals/.



Connect with me:

I love helping others place money outside of traditional investments that both diversify strategy and provide solid predictable returns.

Call: 901-500-6191

Facebook

LinkedIn

Like, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in! 

Email me --> [email protected]