Ep #26: Building Veterans Wealth in Real Estate with Marine Shelon Hutchinson

In this episode, Wayne talks to U.S. Marine Shelon “Hutch” Hutchinson, Owner and Co-founder of H Squared Capital, about building veterans wealth in real estate.

Hutch immigrated from Jamaica in 1998 and has been serving the nation for more than 23 years. He is a Master Gunnery Sergeant E9 and has created and led teams of various sizes that performed effectively in training and combat operations. Semper Fi!

Hutch has successfully executed more than $2.4 million in single-family real estate transactions. His most recent real estate transaction was a syndication in Augusta, Georgia, with more than 167 units.  

Topics on Today’s Episode:

• How Hutch got into real estate - followed in his father’s footsteps
• Off-market MLS Listings: Hutch’s strategy to expand and scale his business
• Start Conversation: Talk to people to see potential and sell property for cash
• Market Trend Tools: Ways to find economic data, job growth, population, demographics
• Why multifamily? More predictable, stable, and safer — it’s all about risk
• Fix and Flips: Hutch’s experience cost to sell property or make a profit
• Marine Corp Traits: Use same stick-to-itiveness, assess potential in real estate investing 
• Partnerships: Understand who you are and aspire to be to build better relationships
• Multifamily Investing: Hutch is committed to transitioning to a passive investor
• Economy of Scale: Who doesn’t want to double their money and save on taxes?  
• Cost Segregation and Bonus Depreciation: What needs to happen to get ROI, retire?