Matt Atkinson started his career in real estate 14 years ago and has been investing for the last 12 years. He purchased his first investment property in 2004, a single-family home through a short sale, which is a rental unit he still owns today. However, he over-improved the property, spent too much money on the renovation, and mismanaged his tenants.
Throughout this process he learned the struggle of having a full-time job and being a landlord, and how to effectively utilize other industry professionals to improve his investing.
Matt credits this experience with getting him addicted to local real estate investing and now owns dozens of rental properties personally and with partners. He has accumulated 25,500 hours experience – nearly 7 years round the clock – and has personally invested over $1.87 million dollars in rehabbing rental properties since 2004, and an additional $2.25 million on flip properties since 2008.
After making only $500 on his first flip project, he reevaluated the strategies others were using and learned how to effectively buy the property, get the most bang for his buck during the remodel, and how to price the home for the quickest and most profitable return. In 2015, Matt and his team added wholesaling to their repertoire and sold 32 homes to other investors. He has been the President of UVREIA for 4 years, a board member of SLREIA since 2010, a member of NAHREP for 2 years, and is member of UAMP.
RANDALL WALL
KEYNOTE: Spinning Straw Into Gold: A Modern-Day Rumpelstiltskin
RANDALL WALL:
Randall Wall has been investing since 1988 after 5 years thinking about it in the military. Over 6′ since the sixth grade, he remembered working for investors in Portland Oregon as a boy. At a garage sale he bought the book “How I Turned $1,000 Into $10,000,000 In Real Estate” by Robert Allen and fired up, he bought his first flip from a realtor relative who didn’t understand investing and promptly lost $50,000.
Randall says ” I credit that single loss for the millions of dollars I have made since that time as a contractor and investing in real estate. If you don’t get back on the horse right away it’s not a learning experience, it’s an evil anecdote..” Randall earned $130,000 on his next flip and has never looked back having completed more than 500 remodels profitably & flipping from $100,000 up to the 2-3M range in several states. All around expert Randall & team have earned $500,000 a year in wholesaling, bought and sold notes, Had his name on 1,000 short sales, provided hard money, completed more than 100 seller finance properties and they hold rentals for long term profit. “If it’s real estate, can make a profit, and is ethical….we do it!”
Published in several languages, Randall has spoken nationally and internationally on just about every topic possible in real estate and investing. He has served as the longest running president of the Salt Lake Real Estate Investor Association since 2006, and sat on the prestigious board of the Utah Association of Realtors for 3 years. From 2005 to 2017 Randall has helped build one of the largest brokerages in the country and the largest in Utah while investing full time. Supporting charities in the US and abroad his friend Bill Bronchick & Randall raised $10,300 for a charity in Nepal in just a few hours in Feb.
In his spare time he reads (150 books a year) helps oversee a construction company that has been busy 6 days a week since 2005 (mostly on his projects), is Assistant Scout Master for a refugee troop, and hikes with dog Thor and his lovely wife Usha.