Weiss Advice

Finding Deals and Profits in The Cowboy State with Casey Gregersen

December 03, 2023 Yonah Weiss Season 1 Episode 373
Weiss Advice
Finding Deals and Profits in The Cowboy State with Casey Gregersen
Show Notes

Casey shares how he leverages his local Wyoming market expertise and creative financing strategies to find real estate opportunities across the unexplored state. He discusses building a portfolio of rental properties as well as new endeavors in larger multifamily and commercial deals.

Casey is a serial entrepreneur ranging from Real Estate to the Sports & Fitness industries. After buying his first property while in college over 10 years ago, he has gone on to develop integrated real estate businesses in multiple regions across the United States. He is now sharing his knowledge and experience as a real estate investor and business owner through digital and in-person gatherings.


[00:00 - 13:25] Getting Started in Real Estate    

  • House hacked first rental property during college with dad’s help
  • Used oil & gas schedule to self-educate constantly on real estate
  • Refinanced first property to use for second multi-unit purchase
  • Converted second property into a duplex to increase rents/cash flow

 [13:26 - 25:28]  Implementing Effective Marketing Strategies 

  • Uses variety of marketing strategies to contact motivated sellers
  • Tracks ROI data on each inbound lead source through CRM
  • Provides creative financing options others wholesalers don't
  • Assumes existing mortgages or creates new loan notes with sellers

 [25:29 - 40:34]  Expanding into Larger Deals

  • Started wholesaling out of necessity but more money in long-term holds
  • Larger deals magnify returns with less effort than multiple small deals
  • Created fund vehicle to scale buys of stabilized assets
  • Just closed on 63-unit apartment complex renovation


Resources Mentioned

Teaching Professionals How to Grow and Invest by Casey Gregersen

https://caseygregersen.com



Connect with Casey!

linkedin.com/in/caseygregersen




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Tweetable Quotes:


"This is a market that’s untapped. And I, it’s really, it’s just our niche." - Casey Gregersen


"The easiest thing that we do is to be able to buy it, fix it, and rent it out." - Casey Gregersen

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