Archive of Spencer Cullor
Spencer Cullor has spent the last 10 years as a real estate investor and currently owns single family, multifamily apartments, and commercial properties with his investment partners. Currently he is the Director of Acquisitions and Principal of ApartmentVestors, a multifamily real estate investment company.
Spencer has written 17 articles for The BiggerPockets Blog.
Real Estate News & Commentary
by Spencer Cullor
September 11, 2012
Earning infinite returns on your investment is one of the most exciting accomplishments of a great real estate invest. It doesn’t happen on every deal, but when it does, it’s awesome. Infinite returns are achieved when you no longer have any of your money invested in a property, but you still own it and the [...]
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Financing Real Estate
by Spencer Cullor
August 2, 2012
There is nothing worse than finding just the right investment property that you know will make you great income, only to have the opportunity fall through because you got turned down for financing. It’s even worse when you see someone else pick up the property and make a fortune. It’s a devastating feeling, but one [...]
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Commercial Real Estate
by Spencer Cullor
May 21, 2012
Multifamily investing has never been hotter. Multifamily apartments that are in great condition are fetching some of the highest prices seen in years. On the other hand, older dated properties are selling at much lower rates. If you have an older apartment complex that has become a little dated, now is the time to consider [...]
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Financing Real Estate
by Spencer Cullor
May 6, 2012
When you are ready to start raising private money for your real estate deals, there are two different types of private money partners you can look for: debt partners and equity partners. Both can help you raise all the money you need to fund your real estate deals, but they work very differently. In this [...]
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Real Estate Investing
by Spencer Cullor
March 24, 2012
I was driving down the road the other day when I heard an advertisement that said, “Banks have hundreds of foreclosure properties, and they are very motivated to sell, and will take pennies on the dollar. Often times they will even finance them for little to no money down.” Sounds great, doesn’t it? Chances are [...]
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Real Estate News & Commentary
by Spencer Cullor
March 4, 2012
One thing that the last several years has taught us is that financial markets can go up and they can go down. The real estate market is no different. When markets go up, everyone is happy and even bad investments can turn out okay. When markets go down, investors who used the wrong real estate investing strategy at [...]
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Commercial Real Estate
by Spencer Cullor
February 2, 2012
A man and his realtor walk down the street and the man says “Realtor, I want to buy that house,” pointing to a beautiful 3 bedroom 2 bath home, “What should I offer?” The realtor responds, “Well, I’ve looked at the comparable sales in the neighborhood and it looks like another 3 bedroom, 2 bathroom home [...]
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Real Estate Investing
by Spencer Cullor
January 23, 2012
“If you think education is expensive, try ignorance.” – Unknown Your first real estate investment should be a solid financial education If you are like me, you’ve probably made a few mistakes in your investing career. Every successful real estate investor has made plenty of them. However, you can limit your mistakes and increase your odds of [...]
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Commercial Real Estate
by Spencer Cullor
January 12, 2012
“I want to start investing in apartment complexes. How do I get started?” If that is a question you have asked yourself recently, you are not alone. It’s something I hear on a weekly basis from both new and experienced real estate investors. They all want to know the keys to get started in multifamily investing the [...]
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Real Estate Investing
by Spencer Cullor
January 7, 2012
4 green houses, and then a Red Hotel. That is the formula for winning Monopoly. The formula was drilled into my head as a child for building wealth and winning the game. I had no idea at the time that the formula could also be used in the real world for building wealth and massive [...]
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Commercial Real Estate
by Spencer Cullor
December 10, 2011
Most potential tenants make their decision to lease your property within the first 30 seconds of entering the apartment. It is critical to capture their interest and make a great impression as soon as they enter your building. You need an effective leasing strategy to help you do this. A “mini-model” apartment is one of [...]
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Real Estate Investing
by Spencer Cullor
November 30, 2011
Real estate investors often chase the highest initial returns possible in an investment property, only looking at the financial statements for their underwriting and financial projections. These investors often fail to account for the many additional factors that should be considered when purchasing an investment property. Failing to consider these critical aspects will affect the expected [...]
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Real Estate Investing
by Spencer Cullor
November 20, 2011
Why the End of the Year Can Bring You the Best Investment Property Deals & How You Can Prepare With the holiday season quickly approaching, chances are you’ve started gathering Christmas lists from your children. In order to get the best deal on gifts, you are in full of anticipation of the holiday sales ahead. After [...]
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Commercial Real Estate
by Spencer Cullor
October 25, 2011
One of the most overlooked aspects of acquiring a multifamily investment property is adequately accounting for capital expense items and recurring replacements that the investment property needs in order for you to reach your investment goals (See “The Importance of Having a Capital Expense Budget When Buying a Property“). Overlooking these expenses will kill your investment [...]
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Commercial Real Estate
by Spencer Cullor
October 15, 2011
Many real estate investors overlook some of the most profitable investment properties because they don’t understand how smaller properties can equal big profits. They get caught up in the “bigger is better” mentality and miss out on some of the most profitable investments right in their own backyards. Contrary to what some real estate gurus [...]
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