Investing in real estate is more than just purchasing properties—it’s about maintaining and growing them to maximize their long-term value. In a recent episode of the ADPI Podcast, Trevor Methena shared his journey from active duty in the Navy to becoming a successful real estate investor and maintenance business owner. His insights into property upkeep, the power of networking, and the importance of strategic investments provide valuable lessons for anyone looking to build wealth through real estate.
Trevor’s Journey into Real Estate Investing
Trevor Methena began his career in the Navy, later transitioning into the reserves while working in IT. His entrepreneurial drive led him to real estate, inspired by a friend’s advice to invest in properties as a means to financial independence. Initially skeptical about acquiring debt, he quickly realized the power of leveraging mortgages to build wealth.
His first real estate investment came during the COVID-19 pandemic when he leveraged the VA loan to purchase a new home while keeping his previous property as a rental. Thanks to rising home values, he was able to sell his initial property at peak pricing, using the tax-free proceeds to fund future investments. He then pivoted to investing in Toledo, Ohio—a strong cash-flow market—leveraging his father’s presence there as a trusted boots-on-the-ground resource.
The Importance of Building a Strong Real Estate Team
One of Trevor’s key takeaways is the importance of a reliable team. His investments in Toledo were successful because of his trusted realtor, property manager, and maintenance team, all of whom had intimate knowledge of the local market. His initial mistake of choosing a low-cost property manager cost him significantly in the long run. However, after switching to a more reliable management company, he saw improved tenant placement, higher rents, and overall better asset performance.
Why Property Maintenance Matters
As a real estate investor, maintaining your property isn’t just about keeping it looking nice—it directly affects your bottom line. Neglected maintenance can lead to costly repairs, vacancies, and even legal liabilities. Trevor recognized this and launched Home Smiles Austin, a franchise that provides comprehensive property maintenance services to landlords and property owners.
Some of the key maintenance services that Trevor’s company focuses on include:
- Dryer Vent Cleaning: Prevents fire hazards and improves energy efficiency.
- Window Cleaning: Enhances property aesthetics and longevity.
- Gutter Maintenance: Protects against water damage and foundation issues.
- Water Heater Flushing: Extends the life of water heaters and reduces energy costs.
- Smoke and Carbon Monoxide Detector Checks: Ensures tenant safety and legal compliance.
These proactive maintenance services prevent small issues from becoming expensive disasters, saving landlords thousands in the long run.
Alternative Rental Strategies for Higher Returns
Trevor also found success in mid-term rentals—properties leased to medical professionals, travel nurses, and other transient workers. Instead of a traditional long-term lease, his tenants are healthcare companies that sublease his properties to their own clients. This approach allows him to charge slightly above-market rents while benefiting from consistent occupancy and low maintenance demands.
Why Mid-Term Rentals Work:
- Higher Rental Income: Corporate and medical clients pay premium rates for fully furnished, move-in-ready units.
- Consistent Tenants: Healthcare workers and corporate travelers are reliable, professional tenants.
- Lower Maintenance Concerns: Companies managing the properties handle minor repairs and upkeep, reducing landlord involvement.
Lessons for Aspiring Real Estate Investors
Trevor’s story provides critical lessons for anyone looking to invest in real estate:
- Build a strong team: Whether it’s property managers, realtors, or maintenance teams, having the right people in place is essential.
- Don’t cheap out on management: A good property manager may cost more, but they will save you money in the long run by securing higher rents and reducing tenant turnover.
- Explore alternative rental strategies: Mid-term rentals, Airbnb arbitrage, and corporate leases can increase your revenue while reducing direct management involvement.
- Prioritize maintenance: Preventative maintenance saves money by avoiding costly repairs and potential lawsuits.
- Be adaptable: The real estate market changes, and the ability to pivot—from market selection to investment strategies—can make all the difference in long-term success.
Final Thoughts
Real estate investing isn’t just about acquiring properties; it’s about strategic maintenance, strong networks, and creative rental solutions. By applying these principles, investors can protect their assets, maximize their returns, and build long-term wealth.
If you’re in the Austin area and need top-notch property maintenance services, check out Home Smiles Austin. For those looking to take the next step in real estate investing, visit Active Duty Passive Income (ADPI) to access education, mentorship programs, and exclusive investment opportunities.
