How to Buy a Town, with Dwan Bent-Twyford

Welcome to the Managing CRE Risk podcast with Jeremy Goodrich. Our guest today is Dwan Bent-Twyford, real estate investment coach, mentor, and podcaster. In our conversation, we talk about how to buy and revitalize an entire town, grow our risk tolerance, and the valuable lessons she learned during her 33-year-long investing career.

You don’t want to miss out on this episode! 

Learn more about Dwan and her story at shineinsurance.com/managing-commercial-real-estate-risk!

“One thing I will say in the last five years is the value of the downtown has gone up over 40%, which I'm pretty excited about.”

 

01:43

Dwan is a seasoned investor with 33 years of experience. She got her start in the rehabbing business and has primarily focused on investing in single-family homes and duplexes throughout her career. Recently, however, she's shifted her focus to commercial properties.

 

Dwan's current project is located in Clinton, Iowa, a small town where her husband grew up. She's working to revitalize the area and currently owns 20 buildings, including a mix of retail, office, and industrial spaces.

“As a real estate investor, you have to have a high-risk factor.”

 

07:53

Dwan talks about the challenges and risks of her project in Clinton, Iowa. She shares that her biggest obstacle was gaining support from the local community. Navigating the human aspect of the business proved to be the most difficult aspect of the project.

 

Dwan shares her vision for Clinton, which is to create a family-friendly town with plenty of options for dining, shopping, and entertainment. In order to achieve this, Dwan has purchased several of the largest buildings in downtown Clinton and has evicted tenants whose businesses did not align with her vision.

 

With a 5-year plan in place, Dwan aims to transform downtown Clinton into a shopping destination with a variety of boutiques, antique shops, and restaurants for visitors to enjoy.

“You have to keep learning, going to classes, listening to podcasts, I go to other people's workshops.”

 

23:33

At the end of the episode, Dwan reflects on some of the biggest lessons she's learned throughout her career. She shares that she's learned how to make quick, well-informed decisions, even in the face of risk. Over time, her risk tolerance has increased, allowing her to take on more ambitious projects and have more fun with her investments.

About our guest, Dwan Bent-Twyford 

Dwan Bent-Twyford and her husband, Bill Twyford, are professional real estate investment coaches, mentors, and top podcasters. With over 2,000 real estate transactions under their belts, they have created a duplicatable system to help you find the same success. 

 

Their goal is to educate you on everything related to real estate investing from short sale investments to real estate foreclosures to Subject-To's.

 

Their home study courses, proven methods, internet training program, and live classes not only teach you how to become a multimillionaire real estate investor... they also hold you accountable for your progression along the way.

 

Specialties: Teaching seminars to my many students and helping homeowners get out of underwater situations!

Mentioned in the show:

https://dwanderful.com/ Her LinkedIn Shineinsurance.com www.shineinsurance.com/managing-commercial-real-estate-risk Jeremy’s LinkedIn

Need an instant insurance ballpark for your next Multifamily deal?! Answer 9 simple questions and we’ll give you a sense of what insurance should be. Visit us here for everything you need to know: https://www.shineinsurance.com/ballpark/ 

 

Special thanks to Dwan Bent-Twyford for taking the time to share so many great insights with us   If you enjoyed this podcast, there’s a couple of things we need you to do right now:    SUBSCRIBE to Managing Commercial Real Estate Risk on Apple Podcast, Spotify, or wherever you listen to podcasts    While you there, please RATE & REVIEW the show    SHARE with friends   Finally, please, JOIN the Managing Commercial Real Estate Risk Facebook Group

Then, please share the show with whoever you think it will inspire.

Until the next time, We truly appreciate you listening.

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