In this episode of Beers with Contractors, host Will introduces the new co-host Terry Clinefelter, the Department Head of Construction Technologies at OSU-OKC. They discuss various aspects of Terry’s side hustle of real estate investment, from identifying and acquiring rental properties, financing strategies, rehabbing dilapidated homes, to managing rental properties effectively. The episode also covers personal anecdotes of growth, overcoming financial challenges, and the importance of building strong professional relationships. Terry shares his experiences in both residential and commercial real estate, providing actionable advice for aspiring investors. Additionally, the episode touches on responsible drinking and safety in the construction industry.
00:00 Introduction
00:53 Shout Outs and Announcements
02:06 Introducing the New Co-Host: Terry Clinefelter
04:26 Real Estate Investment Strategies
09:39 Navigating the Real Estate Market
14:46 Financing and Rehabbing Properties
25:29 Banking Frustrations and Finding the Right Lender
26:54 The Importance of Relationships in Banking
27:56 Scissor Lift Mishap and Warehouse Improvements
31:28 Balancing Full-Time Jobs and Real Estate Investments
34:06 Property Management and Scaling Up
36:18 Dealing with Property Disasters
39:43 Venturing into Commercial Real Estate
46:50 Reflecting on Missed Opportunities and Risk Management
51:04 Conclusion
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Home Services Financial Review Form:
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Contact Terry Clinefelter at:
Website: https://www.constructmyfutureok.org/
Linkedin: https://www.linkedin.com/in/terry-clinefelter-3964a45b/
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