1,500 HUD Offers a Day with Shawn Holspple (CFFL 0021)

1,500 HUD Offers a Day with Shawn Holspple (CFFL 0021) Jack Butala:                   Shawn Hospple went from a W2 employee to Indianapolis's premier wholesale and accomplished real estate handler in just 4 short years. He currently handles over 150 residential transactions annually and has a rental portfolio that is always expanding. He's been married for 23 years and has a teenage daughter who's an entrepreneur in training, aren't we all. Shawn, welcome. Jill DeWit:                            Hey Shawn. Shawn Hospple:               Good morning. Jack Butala:                   It's great to have you on the show man. Shawn Hospple:               Thanks for having me. Jack Butala:                   We are no stranger to bigger pockets, we actually found you in there. It seems like you spend a little time in there like us? Shawn Hospple:               Yes, a little bit. It's actually been a really good investment of time. Jack Butala:                   Good. Who are you in the real estate industry? Explain the niche to us, a little bit about what you do. What sparked my interest on LinkedIn is the little sub-company that you have that helps Canadians buy investment property. I think that's what it is, right? Shawn Hospple:               Yes, how that came to be, I actually spent 5 years in Calgary, Alberta in western Canada from 2005 to 2010 after doing a W-2 type job and got familiar with that area. As I was leaving Canada in 2010, I started getting into real estate a little bit. When I came back, one of my friends up in Canada was interested in Indianapolis market, and of course, they couldn't believe that you could buy a house for 60 grand- Jack Butala:                   I hear it every week from my friends too. Shawn Hospple:               I went through a process ...  Actually, my former neighbor up there, we created a little joint venture LLC. We bought a couple properties here and went through that process as far as the cross-boarder transactions, and kind of figured that out a little bit. I still help out a few people that will find me through whatever means and help them get the cross-boarder stuff going. Jack Butala:                   What's the basic transaction that you do with an investor whether they're from Canada or from here? Shawn Hospple:               Boots on the ground for them. My broker, Keller Williams, here in town ... I don't do a whole lot of broker type stuff, so I don't show properties to the public. I work with out of state, out of country investors as a whole is where I really specialize. Especially since I actually bought my first rental here in Indy while I was still in Canada. I know what the pain is of doing something remotely and trying to build a team. I can really connect with people like that really good. Help them find what they're looking for. Tell them where the war zones are and where to stay away from. Jack Butala:                   (Laughter) Shawn Hospple:               All that good stuff. Jack Butala:                   You know, I am from Detroit. My producers told me I never should say "war zone" on the- Shawn Hospple:               Oh. Jack Butala:                   But I understand, I am from Detroit, there is some of that there too. Shawn Hospple:               Even then, with that said. Our "rough" areas, instead of that other word. Here in the mid-west, is still fairly safe. I don't mind driving around through them, unlike some larger cities I've heard that during day light hours, you didn't want to be caught there. Jack Butala:                   Yeah, you don't want to buy property there, that's for sure. Shawn Hospple:               No, for sure. Jill DeWit:                            I got to say this. I hope you don't mind me jumping in Steven, you've got to tell your little snippet about when you moved here to Arizona and Scottsdale area and you made it a point to find the worst part of town.