Market Spotlight: Little Rock, Arkansas | PREI 059




Passive Real Estate Investing show

Summary: On today's episode we take a look at the great "under the radar" market of Little Rock, Arkansas.<br> <br> Little Rock has a great economy, and terrific number in terms of purchasing and rates of return.  It's also one of the most landlord friendly states in the country with average eviction times of only 21 days!<br> <br> Why invest in Little Rock, AK?<br> What is the local economy like?<br> What is the local housing market like?<br> What is the local rental market like?<br> What are the typical turnkey rental properties like in Little Rock?<br> <br>  <br> <br> If you missed last week's episode, be sure to listen to the Investing in Turnkey Properties — My Journey, Setbacks and Advice.<br> <br> Enjoy the show!<br> <br> -  -  -  -  -  -  -  -  -  -  -  -  -  -<br> <br> Download your FREE copy of:  The Ultimate Guide to Passive Real Estate Investing.<br> <br> Get your FREE coffee mug by leaving us a Rating and Review on iTunes.  Here's how.<br> <br> See our available Turnkey Cash-Flow Rental Properties.<br> <br> Please give us a RATING &amp; REVIEW   (Thank you!)<br> <br> SUBSCRIBE on iTunes  |  Stitcher  |  Podcast Feed <br> <br> <br> Market Spotlight: Little Rock, Arkansas<br> Today, we have an exciting show for you because it's another market spotlight. The market I'm talking about was ranked the fourth strongest economy in the US by Business Week in 2013. This market that I'm talking about has been under the radar. It is a gem that most investors don't know about or even talk about. Those that know about this market are doing extremely well there. The market I'm talking about is Little Rock, Arkansas. On today's show, I have two of the principals of the company that we have a relationship with and do work with down in Little Rock. They are our provider of course. They're going to be here with us today to talk about the market and why it makes such a great market to invest in, why invest there, what the economy and the housing is like, the types of investment properties that are available there. Although they are in somewhat short supply, we have a revolving inventory. It is fairly consistent and we will have something for everybody if this is a market that is of interest to you. <br> <br> It's my pleasure to welcome Jeremy and Brian to the show. Jeremy and Brian are two of the principals and partners of our Little Rock, Arkansas provider. Jeremy has a background as an Electronics Engineer and is a full-time real estate entrepreneur. He owns and manages a portfolio of his own properties. Brian, his partner, is a lifetime native of Little Rock and owns 27 properties out there. Guys, welcome to the show.<br> <br> Thanks, Marco.<br> <br> This is a little overdue because we have been keeping our eye on the Little Rock, Arkansas market. It really is under the radar. I wanted to get you on today to talk about it. This is going to be our market spotlight. We're going to start pushing some inventory. Let's begin by you telling us a little bit about yourselves and how you got involved in real estate. Maybe Jeremy, we could start with you.<br> <br> I got started in real estate about ten years ago. Again, I come from the corporate world, nine years of experience in the semiconductor industry. I started buying rentals in Memphis, managing them, going through the process of learning how to be an investor, got involved through a local area and met my current partner in Memphis. We started building a company there. Through a mutual connection on his end, we met, we hooked up with Brian in Little Rock and started business there about three years ago. That's how things got started. Brian, of course, has been investing in Little Rock for about twenty years. He's a lifetime native. In the last two or three years, we've just seen extraordinary growth in the Little Rock market.<br> <br> Brian, what about you?<br>