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In this episode of the Real Estate Pro Show, host Erika interviews Lance Riggen, a seasoned real estate investor who shares his inspiring journey from construction to real estate investing. Lance discusses the importance of personal growth, navigating relationships in business, and the emerging opportunity in co-living spaces. He provides insights on how to identify suitable properties, the challenges in the Atlanta market, and strategies for success in real estate investing.

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  • Listen to the Audio Version of this Episode

    Lance Riggen (00:00)
    What really excites me the most right now is the co-living space.

    Our country’s been in a housing crisis for quite a while now.

    When people hear housing crisis, they think there’s not enough homes. That’s not the issue, it’s the affordability

    Most working class Americans cannot afford to live in one of them

    For co-living

    I love the fact that I can invest in an asset class, make…

    more money than I ever would in a long-term rental,

    be able to help people out,

    Maybe they’re empty nesters

    a lot of it is like traveling nurses, transient workers,

    where we’re at right now with co-living,

    kind of gives the analogy of short-term rentals, right? Airbnb 10 years ago,

    And how quickly it blew up.

    I wanna ride that wave up to the top.

    Erika (02:17)
    Hey everyone, welcome to the Real Estate Pro Show. I’m your host, Erika, and today I’m thrilled to be joined by Lance Riggen. He’s a powerhouse in the real estate scene. Lance, I know you’ve got an incredible story, so I’m excited to dive in and also welcome to the show.

    Lance Riggen (02:36)
    Hey, thanks Erika. Thanks for having me. Yeah, I love, I love talking all things real estate, you know? ⁓ So, yeah, go ahead.

    Erika (02:46)
    All right, well, let’s get started for our listeners here who aren’t that familiar with you yet. Give us the rundown. How did you get started in real estate and what was the moment for you that you decided to go all in?

    Lance Riggen (02:47)
    You

    Yeah, that’s a great question. I actually, I dropped out of high school ⁓ and I never got a GED or diploma or anything like that. I’m one of those guys, right? ⁓ And yeah, I just went, started doing construction with my family, stepfather, my uncle, and ended up meeting a guy on a job site who gave me an opportunity when I was in my early 20s. That opportunity was multi-level marketing. But it was cool, was the first time I saw something out of construction.

    and out of the rat race for me and my girlfriend at the time who turned into my wife, but I joined and I got excited and I learned that I could educate myself through books and podcasts and cassette tapes at the time. Yeah, I’m dating myself there. So I started listening to these positive affirmations. I started getting into books, like amazing books like John Maxwell winning with people.

    know, books like How to Win Your Friends and Influence People, The Millionaire Next Door, all these cool books, ⁓ you know, about becoming a better version of yourself. And it started resonating with me and I started getting around people. And that was really it. I ended up getting my first property. I had my own granite and tile business in Oregon and ended up flipping my first house. It’s been probably almost 12 years ago now, about 2015.

    I’d say, well, it probably 2014, 15, somewhere in there. yeah, ended up getting my first property. It was all creatively, none of my own money. I found a private money lender who actually was the guy that owned my shop, and a really cool guy, and had a handshake deal with him, and he gave me $100,000 to do my first deal.

    And so we were off to the races, you know, we did our first fix and flip on the side of working 10, 12 hours a day at our shop. So, yeah, that’s really something important that people need to understand is

    if you want to build a legacy and change the course of your family’s future, you’ve got to make some serious sacrifices and time and activities. ⁓ know, both both of those are you’re to have to really take a good look at your life and what you’re doing and where you’re spending your time.

    I got a really sad statistic for you. not just phones, people spend an average of six

    of watching television every day in America. That stat blew my mind when I found that out.

    Those are the things I’m talking about. People say they don’t have time, but you’ve got to just make the time if you’re serious about making an impact. That’s kind of where we started.

    And yeah, we did really well on that first flip, but things transitioned. We went to, my wife and I went through some crazy stuff in 2020, right? COVID hit, we were doing good. We had flipped a handful of houses on the side and paid off some debt and some tax debt. So that was really sweet. But COVID hit, everybody was, I had a lot of pressure, everybody was stressed.

    My wife came to me and read me and the kids a letter one day and said that she was basically needed some time away. Completely blindsided me. And so that day changed the course of my future forever because I had two choices to make. One, let her go and give up. Two, would be to fight for her. And I chose to fight and do everything in my power to win her heart back.

    And that was an incredible journey. I’m actually writing a book about it now. I hope to have it finished by the end of this year. I’ve got a publisher lined up and everything called Fight For Her. But that really impacted me and it broke me. And when you’re broken and at rock bottom, that’s when most changes occur, right? And so I decided to learn how to listen better. I decided I wanted to learn how to hold space and just be there for her. ⁓ I decided that I…

    was going to learn how to love her and her love language, right? All these different things that I started learning and researching and having really good conversations with her, because we still owned our business together, right? So I didn’t, she just wasn’t gone. I had to see her painfully every day knowing that I, she wasn’t really mine anymore. And man, that was hard. But it really, those things really changed it on the backside. I ended up winning her heart back after.

    six months of that and I was drinking in the evenings, you it wasn’t pretty, it wasn’t perfect, but I was journaling, I was listening to audio books, I was putting things into action that I was learning, just like I had done with real estate, just like I had done with my granite business, like learning, implementing, you know, taking action, right? And that’s the thing. And so we started having these great conversations and she ended up giving me another chance, praise the Lord, right? Because I wasn’t really sure. And so on the backside of that,

    We decided to, I found out she was miserable at the shop. She was our sale, one of our lead sales and design person and she just was miserable there. And once I realized that, I was like, let’s just sell it. Let’s get out. Let’s go full time in a real estate investing. And so we listed it. We had a flip at the coast in Oregon that we put on the market and just got finished.

    And we just was like, you know what, let’s walk away. We ended up taking six months off and it was too much. Okay, I think three months, two or three months would have been good. Six months was whoa, trying to get back into the swing of things was really hard. ⁓ It took me a while. But what we decided to do was go to BPcon in San Diego. It’s like the biggest conference, real estate conference in the country. ⁓ Brandon Turner was one of my big ⁓ idols and I would say mentors, right? He mentored me inadvertently.

    I followed him for a long time, him and David Green, and ⁓ he had a big impact on me. I wanted to meet him. So I got to meet him in the hallway. And for the first time, I’ve met him a couple other times since then

    in my community that I’m in now. But what happened at that event was like, I heard about Pace Morbius and the sub two and the Gator community and all this stuff. And I said, man, we got to do something creative right now, right? The market just started, just hit its peak and was already coming back down, declining a little bit in 2021.

    So yeah, we did that. We joined the Gator community, packed up all of our stuff, hired a truck, and moved to East Texas to follow my daughter and our grandson, my five-year-old now grandson, ⁓ about three years ago this October. So we basically did what most people are terrified to do. We burnt the ships, burnt the bridges, right? There was no looking back, and we went all in.

    And I have no regrets. That’s one thing I can say that a lot of people won’t be able to say is that I lived a life without regret. There’s things that I would maybe change here and there, but at the end of the day, I’m not gonna be on my deathbed and look back and go, wow, I didn’t give it a shot. I didn’t put all my cards in and go for it, because I did and I have and I will continue to do that. So that’s something I want.

    people to hear and really grasp that concept of ⁓ just going for it. Because you only got one life to live and ⁓ you might as well make it count.

    Erika (12:02)
    Yeah.

    Wow. Wow. That is incredible, lads. I want to go back to what you were talking about with the book that you’re writing and all, you know, just all the lessons that you’ve learned going through that, you know, maybe someone isn’t, you know, struggling with their marriage and, you know, that they’re at that point, but, you know, still they’re doing, you know, they’re doing business with

    their spouse and they got a lot of moving plates going on. They have their own relationship and they have their business. What kind of advice would you give to people who are dealing with that?

    Lance Riggen (12:41)
    Yeah, that’s a great question. And I’m talking to one of our community leaders about getting a Zoom to, just to showcase what my wife and I’s day looks like and give people kind of insight and guidance, ⁓ you know, to what works for us and what has and has not worked for us, right? ⁓ What has not worked for us, I’ll start there is…

    trying to make my partner, push my partner into an area where she’s not comfortable and doesn’t want to go. ⁓ I’ve done that many, many times with different multi-level marketing businesses that I’ve attempted to do before we really started seeing success. ⁓ But that doesn’t work, right? What doesn’t work is trying to ⁓ do everything yourself and overstepping your partner’s boundaries. ⁓

    and in their lane, getting in their lane constantly, micromanaging, right? That does not work. ⁓ What does work is having very clear paths and clear ⁓ direction in who’s doing what and who’s handling what, right? And staying in that lane. So I’m basically the closer, right? So if we get on a call, we’ll get on calls together. For example, she’s better at acquisitions than I am. I’m a closer though, I can negotiate and close.

    She’s cringing, she cringes at the negotiations, right? She’s like, she literally would like hand me the phone. They wanna talk about the numbers, you know? And so, but she’s great at building rapport, great at, you know, she’s very empathetic, right? And so she’s really good at relating to people. And I’m pretty good at it too, but that’s her jam, right? So we get on a call, she warms them up, right? Tees it up, and then I come in and close them. And ⁓ that’s what I mean though, like we stay in our lanes. That’s so, so important. Knowing, ⁓

    exactly what your role is in the business and knowing what your lanes are and staying in those. That’s where you’re going to find a lot more success because if you start crossing over and somebody’s communicating and you’re both trying to communicate to one seller or another partner, it gets kind of murky. then people get heated and arguments happen. So yeah, that’d be the best advice I could give you.

    making sure you have those clear drawn lines.

    Erika (15:47)
    Yeah, and I think you are really applying that advice to your own life because you have a lot going on these days. You’re working on co-living spaces, raising capital, running a mobile home park. Out of all these ventures that you guys have going on, what excites you the most right now and why?

    Lance Riggen (16:09)
    That’s a great, great question.

    really excites me the most right now is the co-living space. ~ because it’s, I mean, we’re facing, our country’s been in a housing crisis for quite a while now. And it’s not really what people think though, that’s the thing. When people hear housing crisis, they think there’s not enough homes. That’s not the issue, it’s the affordability is the issue, right?

    plenty of homes out there. The problem is most working class Americans cannot afford to live in one of them. They can’t afford to buy one of them, right? Or even rent an apartment, especially in these big inner cities like Atlanta, Georgia, Nashville, Tennessee, Tampa, Florida, right? ⁓ Those are some of the hottest markets in the country for co-living because there’s a high demand for low income housing, right? So I love the fact that I can invest in an asset class, make…

    more money than I ever would in a long-term rental, right? To convert this property into basically a small multifamily and be able to help people out, maybe who want to go back to college, maybe they’re empty nesters, right? Maybe they grew up in a large family and they don’t just want to live alone. There’s all kinds of different demographics that we target. A lot of it is like traveling nurses, transient workers, like…

    We have a property in Louisiana, they’re building that huge oil pipeline. Right now they just started bringing workers out there, so guess what? My co-living property is getting all kinds of hits right now. ⁓ Those are the type of people that we wanna help. I’m big on just that whole, know, filling a need, right? So right now, and I can tell you this for a fact, my mentor, Pace Morby, who I’m actually friends with and I can text and call anytime, he…

    He’s been saying this for a while now and I’m really starting to see the writing on the wall that he kind of gives the analogy of short-term rentals, right? Airbnb 10 years ago, right? How hot it was, right? And how quickly it blew up. That’s where we’re at right now with co-living, right? We’re at that entry, early entry point where people still really don’t know what it is. I talk to people all the time who want to lend with me, but they do, well, I just don’t know what you’re doing.

    And so right now we’re at that pre curve, right? We’re on the rise and it’s just gonna grow and grow and grow over the next five years until it starts getting saturated like Airbnb, maybe seven, eight years. ⁓ So I wanna be on that curve, right? I wanna ride that wave up to the top.

    And so we positioned ourselves in a really, really good spot time-wise and with the investments that we’ve already done, right? We’ve got experience. And so we…

    We really didn’t do well on our first two, right? And so we learned the hard way. ⁓ Action is your best teacher. I tell people that all the time. You can sit on the sidelines and hope and pray and wait for the economy to be in the right spot and the housing market to be perfect. That time’s never gonna come, right? I tell people all the time, hey, the best time to invest in real estate is always today, because it’s true. You just have to have the right strategy.

    Co-living to me is one of the best places you could be right now in our current housing market.

    Erika (19:39)
    Yeah, yeah, it’s exciting stuff for sure. Lance, when it comes to the co-living space, what advice would you give to someone who, you know, wants a piece of that pie?

    Lance Riggen (19:51)
    Mm-hmm. Yeah, so we always have, we have active investments going right now actually for ⁓ what I call private money partners or capital partners. And we’re actually doing a fractional raise where they will fractionalize a lien position so we can actually ⁓ have multiple investors, unaccredited investors, as low as $10,000 entry ⁓ in ⁓ one lien position. So it’s really, really cool. That’s another one of those things that’s really helping investors like myself.

    be able to raise funds without going to individuals ⁓ and they handle all the taxes and everything else, the K2s that go out. So it’s a pretty new concept most people aren’t aware of and it’s fully legal, right? ⁓ And so anyways, partnering with us on some of these co-living properties, we’re always looking for lenders, people who want mailbox money, right? We do all the work, you write a check and then you get checks quarterly.

    Right? Quarterly checks back on interest. There’s equity plays a lot of the time, depreciation. So there’s a great opportunity here. This one right now, we’re actually offering 50 % equity, 50 % depreciation, and 50 % of the cash flow. So we’re not greedy. We’re not selfish. We want to build and scale this thing, and we need partners to do that. I apologize for the yucky. just, I’m getting over a cold and some allergies all hit at the same time this weekend. ⁓

    But yeah, it’s a golden opportunity, really is. We’ve got a proven track record. We can show credentials. We can have you talk to other partners. So we’re an open book. Transparency and communication is the key for any successful transaction, in my opinion. And relationships are always gonna be the most important thing for us. We always take care of our lenders first, no matter what. We won’t get paid sometimes until they get paid, always. So there’s a lot of opportunity out there.

    and we’re gonna get it. We’re getting after it.

    Erika (21:51)
    you

    I love your approach with it, Lance. When you’re looking at these properties for co-living, how do you identify if they’re a good fit?

    Lance Riggen (22:04)
    Yeah, it’s a great question. You’re so good at this. So, some of the key factors I wanna look for are, I wanna look for crime, I wanna look for good school systems, or school, good schools, right? But most importantly is the, how close it is to hospitals, medical training facilities, those pipelines that I was talking about earlier.

    How close is it to the Amazon warehouse that’s being built? Those are the things you really gotta target. You really gotta do your research and find out what big industry is moving into your area or is already started there that needs housing. And those are the things you wanna look at. So you can find out what rooms rent for in your area by a simple Zillow search. There’s other ways you can do roomies, rents.

    roomsters, ⁓ rent by the room, ⁓ Craigslist, right? There’s all kinds of different ways you can look for, kind of do some market research. And then you come in below, Rooms for rent is one thing you can come in about the same price. It’s usually, in our properties, it’s anywhere from 150 a week to 180 a week, right? And so this Atlanta property is going to be even more because we’re going to have

    those ⁓ full, like basically little suites. So it’s gonna go for a higher rate, about three to $400 more a month on average. ⁓ But those are the things we look at and it’s important to either work with PadSplit or a really good property management company. Unless you’ve got some really good experience, I would not recommend trying to manage this remotely, especially on your own. That was a huge mistake that I made. ⁓ And we paid for it dearly out of our pocket.

    And so, ⁓ you know, so those are the things, right? Really doing your market research, making sure you know that it’s a good market. You wanna have major markets, big cities, not small cities, not small towns. You know, that’s really important to know. And we’re not talking student housing, that’s a big misconception. well, ⁓ there’s these places, you know, I got a property right next to a college. I’m like, do you really want student housing? That’s not really what we’re doing, right? That’s a big, ⁓ bigger risk, right? Because these college kids don’t give a crap.

    and they’re gonna trash your place most likely. ⁓ And you can do that, but they’re not gonna wanna pay what working class professionals will pay. So our target demographic is working class professionals. Our first tenant in a property that we have in Indianapolis ⁓ was, it’s a 4,200 square foot house. We converted it from a four, two and a half to a 10 three. And ⁓ our first tenant that we had in there

    was a mom who had just, she was an empty nester. Her kids just both went off to college and she wanted to go back to school and she didn’t want to pay a huge rent or mortgage and so she was our first renter and that was pretty cool, right? Just hearing that, was like, So those are the types of things we’re looking for, right? To help those people. And the cool thing about it is if I could just dig in a little more to the co-living, to the structure of it, a lot of people don’t understand there’s,

    there’s laws about how many related people can be in a property in most cities. And the way we get around that is we master lease the, ⁓ we create a master lease. we lease the property from our LLC that bought it into a new LLC and that LLC creates a master lease. And then you have the potential tenants where they’re actually members. We call them members. So you build, create a new LLC and have these

    Members as a point one percent owner of that LLC that way they’re technically owners of the property and the city cannot really Stop you from doing that right? It’s a little loophole That was discovered by pad split Probably not from them, but that’s where I learned that and so the cool thing about pad split too is they have a massive? About a money that they’ve been building mark Cuban invested with them. They just invested with Zillow right recently. I don’t know if you’ve heard about that but

    ⁓ And then also, so that team of attorneys, I don’t know of one case that they’ve lost, right? They’ve been battling a lot of cases in Fort Worth, Texas. ⁓ They’ve been really cracking down on them saying, you can’t do this, you can’t do this. The problem is they’ll make you stop, right? Renting to X amount of people and whatever. I think it’s four in Texas, four unrelated people to a house. So you can’t go beyond that unless it’s written up properly. But they’ve won every single case.

    Right, no HOAs is a big one too guys. Whew, I almost forgot that. You don’t wanna rent, you don’t wanna buy property in an HOA. You wanna make sure there’s ample parking, there’s good transit, city transit’s really close, right? And that you’re close to something large, large employment opportunities. So yeah, that’s pretty much it, right? The opportunity is golden and it’s there. You just can’t be afraid to go get it. But there’s a ton of information.

    People you can follow, go follow PathSplit, right? There’s trainings that people do all the time. I do a weekly Zoom. I talk about co-living and raising capital and building relationships and mindset, all kinds of real estate related stuff. So yeah, always welcome to come and join that as well.

    Erika (27:45)
    Yeah, yeah, awesome. Earlier, Lance, you had talked about the co-living expansion that you’re working on in Atlanta. Can you share more about that? ⁓ you know, are there any challenges that you see with that market and plans to tackle those challenges?

    Lance Riggen (28:02)
    Yeah, not really in the market. It’s the it’s very close number two market in the country behind Tampa for co-living. So there’s hundreds of thousands of people that need a place and the numbers don’t lie. Right. For me, it’s like ⁓ the numbers have to make sense. Right. This property in particular, the pad split rep my team was talking to.

    said that if we didn’t pull the trigger and buy this property that they were gonna buy it. And I was like, okay, know, that was just, you know, it just helped us make the decision a little quicker. so, ⁓ but yeah, I’m so sorry. So this property in Atlanta is amazing. It’ll be my first one in Atlanta. I have friends in Atlanta though, so I’m excited to go out there. And I know one of the biggest fix and flippers in Atlanta, he’s in our community. So I’m gonna get him to come out to our little open house that we’re gonna do.

    But that property is great because our property management company is also the contractor, right? And the contractor owns nine pad splits himself and he’s done all the remodels himself and he manages, I think, 50 others, right? So creating a team when you’re building a business, know, Brandon Turner used to talk about this stuff all the time. I’ve read a lot of books about investing out of state. David Green wrote a book about it. And so you’ve got to build a team. ⁓

    Right, you’ve gotta have property management, you wanna have a handyman or a contractor, you wanna have an insurance agent, you wanna have ⁓ a realtor, right, and what else? I think that’s it. But you gotta have a solid team, boots on the ground, somebody to be able to relay messages to you. But super important, if you have that solid team, the deal isn’t scary anymore, because you’ve got a team assembled that can handle anything that comes up.

    That property is gonna be amazing. think we’re looking at overall cashflow, net cashflow between us and our investors is gonna be about close to $6,000 a month in that one property.

    It’s pretty wild. people are like what so it’s you’re basically running a small multifamily, but it doesn’t have to be zoned for that. And that’s the that’s the big pushback from some of the cities, you know, they’re like, ⁓ you know, you’ve got to get zoning, blah, blah, blah, you know, and so they’re like, No, actually, we don’t, right? These people own the property, so they can live here. So, you know, ⁓ I don’t know, it might be something like how Airbnb, you know, has been cracked.

    getting cracked down on in some major cities. I remember before I left Eugene, they did that same thing in Eugene. They passed laws that you could not have an Airbnb ⁓ on your property, couldn’t Airbnb your property, you could have an in-law suite that people would do Airbnbs with. So I feel like it’s gonna be maybe something like that where big maybe apartment owners, I don’t know, wanna…

    put a kibosh on it, know, kind of like hotels we’re doing with Airbnb years ago. I feel like that is probably something we’re coming up to soon, but when you hear guys like Mark Cuban, one of the richest men in the world is investing in this model, Zillow wants to partner with these guys, like those are all really, really good signs, you know, that they have some really strong backing and that gives me confidence moving forward and investing in creating these spaces. So.

    Erika (31:42)
    Yeah.

    Yeah, wow, what an amazing time to be in real estate. You know, the best time is now, but you know, there’s always ⁓ something new and exciting going on.

    Lance Riggen (31:48)
    Mm-hmm.

    Mm-hmm, absolutely. Real estate’s always, it’s always an adventure. Every day’s a new adventure. It never gets old. You know, there’s always something going on. And to me, be a good investor doesn’t mean you hit every deal out of the park. That’s not what it is. It’s learning how to pivot and learning how to solve problems on a daily basis, right? The better you get at solving problems, the better investor you’re gonna be, because they come up all the time, almost every day, you know?

    Erika (32:05)
    you

    Lance Riggen (32:25)
    I tell people all the time who are new at investing, ⁓ what if this, what if that? I’m like, no, no, it’s not what if, it’s when, when. You know it’s gonna come, right? You know there’s going to be an issue, not what if, it’s when, right? When is it gonna come? We don’t know that part, but we do, we can prepare ourselves for when it’s gonna come, because it’s gonna come. Yeah, I tell people that all the time. go,

    So, you know, if you’re not risk adverse at all, like you’re not gonna do well here. You you’ve gotta have some, you know, you’ve gotta be able to take some risk. I mean, the bigger the risk, the bigger the reward, right? It’s so true. So I know guys who are doing like converting churches into micro family co-living spaces, you know, cool things like that. ⁓ Old hotel conversions, you know, into micro family spaces, ⁓ adding little kitchenettes to them.

    but there’s some big cool things to do out there. There’s opportunities out there, guys. You just gotta go get it. That’s ultimately, at the end of the day, if you’re not looking, you’re not gonna find it. If you’re looking for it, you’ll find it. And just get in and take action and give it a shot. Get educated, of course. I’m not telling you to just go and piss in the wind, right? But get some education and get in one lane. Try something out for six, seven, eight weeks, nine weeks, 10 weeks.

    before you try something else. That’s what I tell people all the time. Like, hey, just try it, know, try it out, put all your effort into it, get some education, maybe get into a community and then, you know, within a few months, pull the trigger, maybe six months. ⁓ But yeah, I mean, I know we got to end it here, but I talked to a guy last year on a road trip, okay, who was in this community, the sub two community, and he hadn’t done anything. He’d been in the community for like a year.

    He’s like, man, and we had a similar background. We were both tile setters, right? I was a tile setter for a lot of years before I started hiring it all out. So we hit it off and I’m like, oh, that’s so cool, right? Another tile setter, wow, that’s neat. And so we just kind of hit it off and he’s like, man, you know, I’m thinking about pulling the trigger soon. just, you know, I wanna make sure I got it all. I said, well, how long have you been reading books and educating yourself about real estate? He goes, oh, about seven years now.

    I was like seven years, whoa dude. And my wife was driving and I was on, cause I do Zooms and calls when we’re on road trips just so I can get, you know, I mean, it’s a great opportunity to keep working. So I usually will work and make calls and stuff. And I look and I tell this guy, I’m like, wow, that’s the ultimate, right? Version of analysis paralysis that I’ve ever heard. And I was like, man, you gotta do something, man. Why aren’t, just take a step.

    And my wife, she’s like, you can’t tell people that. I was like, yeah, I can. I can tell people that. Cause who else is gonna do it? Nobody’s told this guy. Somebody’s gotta tell him. And that’s my personality. I love to tell people things that they don’t want to hear, but they need to hear. ⁓ Cause I’m just a real guy. I wanna really help people. I don’t, if you just tell someone and just tell them and…

    Erika (35:24)
    you

    Lance Riggen (35:47)
    low smoke right like their mom or their dad you know what I do you’re just supportive and and you know to me I’d rather just hit him with it it might hurt a little bit but they’re gonna appreciate it at some point and he he this guy Joe texted me the next day he’s like bro he’s all you’re so right man that hit me so hard when he said that he’s like man I’m gonna I’m starting to look for you know he started

    like I’m gonna start looking for leads for people and blah blah but he started moving you know so

    It was worth it. And I showed my wife, was like, look, see, look. But anyways, yeah, don’t wait too long, right? Don’t get analysis paralysis. That’s so important. Just make a move.

    Erika (36:21)
    you

    Absolutely. Well, Lance, this has been an incredible conversation. If someone listening today wants to connect with you, learn more about co-living, maybe they want to attend one of those weekly meetings that you were mentioning, what’s the best way for them to reach you?

    Lance Riggen (36:45)
    Yeah,

    yeah, best way is Facebook. ⁓ If you wanna reach out to me, send a friend request or follow me first. You can send me a friend request or follow me. And then ⁓ right here, Lance Riggen, ⁓ and then send me a DM. ⁓ have, it’s not to brag, but I have like 1200 friend requests that I won’t accept anybody. So I wanna get a message, right? So send me a DM first. ⁓

    There’s just when you start growing and building a brand, you get bombarded by just random. Also, at Lance Riggen on Instagram, right? I’m fairly active there. Mostly on Facebook because that’s where my community is. Yeah, I’ve got websites, I’ve got a weekly Zoom. ⁓ You can find it. If you reach out to me, I’ll give you my digital business card. And I think you guys will post some links, right? I think I posted a couple of those links. I don’t know if they came through, but ⁓ yeah, those are the best places to reach me.

    Erika (37:44)
    So, well, Lance, I love your heart and hustle. Thank you so much for sharing your story and your strategies.

    Lance Riggen (37:50)
    Thank you, Erika.

    Erika (37:54)
    And for everyone tuning in, if you love this episode, make sure that you’re subscribed to the Real Estate Pro Show. We’ve got more conversations coming up with operators like Lance who are building incredible real estate empires. We’ll see you on the next episode.

    Lance Riggen (37:55)
    Ha!

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