Member Spotlight - Kevin Tacher ... continued from Page 1

and neglected children, supporting our valued military families, granting wishes case by case, and assisting with disaster relief locally as well as abroad. He is an active member of BPM REIA in South Florida.

Please tell us a little about who you are and what you did before getting into real-estate investing:

Prior to moving to Florida in 2001, I grew up on Long Island, NY where I was a firefighter and fire safety director for the Crowne Plaza Hotel in New York City. I moved to Florida only 20 days before Sept. 11, 2001, narrowly missing that tragic event. I am so grateful for the “go in together, get out together” beliefs it instilled in me; leaving no one behind. Therefore, I am passionate about uncovering real-estate fraud across Florida. I believe in serving others first and this platform gives me the ability to do so.

Where is your current market and what is your focus or area of expertise?

My current market is South Florida, but we cover the entire state of Florida. We have been handling real estate closings for investors and real-estate agents for the past 20 years. We focus on land trust deals, assignment of contracts, and double closings.

How did you get started?

I moved down to Florida 20 days before Sept. 11. My uncle owned a mortgage company and asked me to move here to start a new life. I did this, but learned quickly that I knew no one and needed to find different ways to network to build my brand and credibility. So, this is where I started getting out to network at all the different REIAs across South Florida.

Describe a typical work week for you as a real-estate investor:

A typical work week for me as a title insurance agent is getting up at 5 a.m. to work on myself first. I train with a United States Marine during the week so I can be ready to tackle anything that comes across my desk. I actively work at my office during the week and network at many investor events across South Florida during the evenings.

How long have you been investing in real estate?

I have been active in the real estate industry since 2001. I was first a mortgage broker, then I earned my real estate broker’s license and then eventually in 2003 I earned my title insurance agent’s license. I have been involved in more than 25,000 closings, both personally and professionally. I own residential and commercial properties myself and love the real estate industry.

Tell us about your first deal:

My first deal was a three-bedroom townhome in Parkland, Fla. I funded this transaction using a conventional loan, but my down payment and closing costs were part of a first-time home-buyer’s 401K liquidation. My first investment property was a two-family rental property in Fort Pierce, Fla. I purchased this property for $12,500 and it was a two-family home. There was a 3/1 in the front and a 1/1 in the back. My handyman lived in the back unit and worked off his rent in exchange for repairs to my portfolio. The front was rented for $1,350 by a veteran and he paid on time, every time for many years.

How do you fund your investments?

Being that I went through the crash of 2006-2008, I am a firm believer in not accumulating high loan-to-value debt. Most of my investments are purchased using cash or longterm conventional financing.

Do you have a real estate license?

I do have a Real Estate Broker Associate License, but I do not practice real estate as an agent. I am a firm believer in having my license for my own personal transactions, but I also would never compete with my clients. So, since Realtors are a large portion of my business, I decided to hang up the license and keep it inactive so I can focus 100 percent on my title insurance business.

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What projects are you currently working on?

We are currently focused on strategically preparing our title agency for the upcoming market changes. We truly believe there is an opportunity like no other on the horizon with the eventual lowering of interest rates and the banks finally agreeing to finalize the foreclosure proceedings that they have been sitting on over the last four years since the inception of the global pandemic.

How much time do you put into your real estate education?

I am still to this day investing in my real estate education as well as that of being a successful entrepreneur. I am involved with several highlevel masterminds and several different networking organizations, and most importantly I attend almost every REIA meeting in South Florida. There is not a day that goes by I do not listen to some podcast or read some content on the changes in the market. By keeping up on your education you will stay ahead of your competition and know exactly what is going on in your local market.

Has coaching or mentoring played a part in your success?

Both coaching and mentoring have played huge roles in my success. I have hired many mentors for different areas of business and training. I have hired coaches from everything in business, to marketing and social media to fitness. Having someone to hold you accountable besides your friends and family will help you level up in all areas of your life. Leveling up is the key to any successful entrepreneur.

What are your current and future goals?

We set short-term goals and long-term goals for our business and monitor them monthly. We are currently working on our strategic plan to prepare for the upcoming changes in the market. This plan (once the market is ready) will end up generating about 100 closings each month. We are also looking to be able to speak at more REIAs and other like-minded events across Florida and nationally as well. Real-estate fraud is becoming a huge issue, and when people know what to look out for they are able to save deals from moving forward and causing financial harm to others down the road.

What has been your top struggle in this business?

The largest struggle in my business is duplicating myself. Everyone always says if they could clone themselves, they could travel to the moon and back. After being in business for 20+ years as my own entrepreneur, I think finding a true business running mate is key to success. So, if you know my “match” please send them my way, as I am always looking for someone to help take my business to the next level. Do they exist? Only time will tell.

What do you like most about what you do?

As discussed in my bio I am known and have trademarked the term “Title King.” What I love most is uncovering real estate fraud across Florida. Going back to my days as a firefighter, I love to serve others. So, conducting real estate closings is my job but savings people’s investments and homes is my passion.

Social media accounts?

Do you have a tip or advice that you would pass along to other investors?

The first piece of advice I give most investors after they join their local REIA is focus on one aspect of investing. Do not be the jack of all trades and master of none. We are entering a time where we can help so many homeowners from financial crisis. So, I would focus on one arm of your real estate investing business and once you master that one leg it’s then time to entertain getting into a different part of the business.

How important is joining a local REIA to a new investor?

As a new investor, this is the single most important place to start your real estate investing career. When you join a network of like-minded individuals you have access to the resources you need to make an impact on your community. In addition, you get to meet just about every vendor you need to get your real estate business off the ground.

What is your favorite selfhelp or business book?

The Go-Giver by Bob Burg www.TitleRate.com

Do you have any interesting hobbies or something unique that you like to do?

I love traveling, scuba diving, fishing, and spending time with friends and family. I enjoy living in South Florida with my wife and two children.

Does your business have a website?

• Twitter: www.twitter.com/kevintacher

• Instagram: www.instagram.com/kevintacher

• Facebook: www.facebook.com/kevintacher

• Linked In: www.linkedin.com/in/kevintacher/

• YouTube: www.youtube.com/channel/UCZ5CJ2of1oFSVgQKxzbJBow

• Spotify: www.open.spotify.com/show/5mzD2Kfomw1czQjud5qBkC

• Amazon Books: www.amazon.com/kindle-dbs/entity/author/B0036HZJG4