Get Rich Education
Get Rich Education
Oct 12, 2020
314: How To Find Your Real Estate Vision and Strategy
43 min

Your goal might be $15K of monthly real estate income and a $3M net worth within twenty years.

To achieve this, I explain why getting trapped in the future is as bad as getting trapped in the past. 

Start early, understand there will be bumps in the road, don’t overanalyze, the worst case scenario almost never occurs, and don’t “time the market”.

Today’s guest offers both rehabbed and new construction rental homes in a thriving market where the numbers work - west Florida. 

If you’re pre-qualified for a mortgage (or paying all-cash), get started buying investment property at: GetRichEducation.com/WestFlorida.

Buying one property, one time won’t change your life.

When you’re young, you’re more likely to want a low-priced rental property with higher cash flow and higher maintenance = existing construction.

When you’re older, you’re more likely to afford a higher-priced rental property with lower cash flow and less maintenance = new construction.

House flippers have spending money; buy-and-hold investors build real wealth.

At its core, it’s simple - rent houses to people.

Resources mentioned:

West Florida Income Property:

GetRichEducation.com/WestFlorida

Mortgage Loans:

RidgeLendingGroup.com

EQRPs: text “EQRP” in ALL CAPS to 72000 or:

eQRP.co

By texting “EQRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel.

New Construction Turnkey Property:

CashFlowAndGrowth.com

Best Financial Education:

GetRichEducation.com

Top Properties & Providers:

GREturnkey.com

Follow us on Instagram:

@getricheducation

Keith’s personal Instagram:

@keithweinhold

Master Passive Income Real Estate Investing in Rental Property
Master Passive Income Real Estate Investing in Rental Property
Dustin Heiner
Successful Investors are Proactive vs Reactive
Being Proactive instead of reactive will give you so many more options in life and investing. When you are reactive, you may only have two options. Both are probably bad options. But when you are proactive, your only limitation is your imagination and figuring out what options you can come up with. FREE Real Estate Investing Course: https://masterpassiveincome.com/freecourse // WHAT TO WATCH NEXT Best Places to Invest: https://youtu.be/g3b4FuQkL78 How to Become Successfully Unemployed: https://youtu.be/wx5Ke9KVs58 Get Money For Investing in Real Estate: https://youtu.be/u4IY5UMDkrI How to Start Investing In Real Estate: https://youtu.be/fJVOeSgXZRQ How to Analyze a Real Estate Investing Deal in 5 Seconds: https://youtu.be/SqA1HcAW4EI How to Set Up Your LLC for Your Business: https://youtu.be/B9RzLkAZI9s How to Use Owner Financing to Make Loads of Money: https://youtu.be/qAOpCOWvj6Q //BEST REAL ESTATE INVESTING RESOURCE LINKS Free Property Get Business Funding https://masterpassiveincome.com/fundandgrow Great High Interest Savings Account: https://masterpassiveincome.com/cit Accurate Rental Rates: https://masterpassiveincome.com/rentometer Self Directed IRA for Real Estate Investing: https://masterpassiveincome.com/rocketdollar Learn more about Dustin and find resources to build an automatic real estate investing business: https://masterpassiveincome.com Join our free private Facebook group! https://masterpassiveincome.com/group #realestateinvesting NOTE: This description may contains affiliate links to products we enjoy using ourselves. Should you choose to use these links, this channel may earn affiliate commissions at no additional cost to you. We appreciate your support!
20 min
Apartment Building Investing with Michael Blank Podcast
Apartment Building Investing with Michael Blank Podcast
Michael Blank
MB 241: What to Say to Potential Multifamily Investors – With David Kamara
What is the best way to approach the conversation with potential multifamily investors? How do you communicate the benefits of investing in apartment buildings over other asset classes and assure them that their money is safe with you—even if you’re new to the space? David Kamara is the Founder and Managing Director of Cape Sierra Capital, a multifamily syndication firm out of Ann Arbor, Michigan. He has 15 years of investing experience in the real estate space, getting his start with a portfolio of residential single family and duplex units before transitioning to apartment buildings and townhome communities. Today, David owns 200-plus units and serves as a mentor on the Michael Blank team. On this episode of Apartment Building Investing, David joins cohost Drew Whitson and I to explain how he coaches his mentoring students to approach the conversation with potential investors, describing how multifamily isn’t subject to the same risks as single family rentals. He weighs in on what helps aspiring syndicators believe in their ability to succeed, exploring how knowledge helps us visualize what’s possible but action is key in making it real. Listen in for David’s insight on getting your priorities straight and learn how underwriting to cashflow makes multifamily a good investment no matter what’s going on in the world. Key Takeaways What David’s been up to since his last appearance * Find competitive deals with good return for investors * Develop personal cashflow formula (free eBook) * Share knowledge through platform, mentoring What helps aspiring multifamily investors believe it’s possible * Knowledge (i.e.: understanding of loans, taxes) * Personality open to learning new things How COVID changed the way David talks to investors * Proactive in reaching out to investors * Open about potential for no distributions How COVID has impacted David’s underwriting * Assume minimal rent increases for next 3 years * Take on longer, fixed-rate debt (HUD loans) * Prepare investors for longer hold periods David’s advice around market timing * Don’t worry about things can’t control * Plan for same cap rate at sale, focus on cashflow * Choose markets with job diversity How David coaches his students on talking to investors * Explain cash-on-cash return and appreciation * In control of both factors with multifamily Why David invested in the Platform Builder Incubator * Eventually run out of investors as business scales * Attract high-income earners, serve more people * Accelerate growth (program tailored to syndicators) David’s plan to produce content consistently * Write blogs on common questions * Considering podcast as medium David’s advice for aspiring multifamily syndicators * You have to start (buy something) * Prioritize what’s important in life * Hustle to find deals Connect with David Kamara Cape Sierra Capital David’s Free eBook: Personal Cashflow Formula Resources Learn More About Michael’s Mentoring Program Register for Michael’s Platform Builder Incubator Join the Nighthawk Equity Investor Club David Karmara on Apartment Building Investing EP182 HUD Loans HubSpot Michael’s Health Crisis on Apartment Building Investing EP230 LoopNet Realtor.com Podcast Show Notes Michael’s Website Michael on Facebook Michael on Instagram Michael on YouTube Apartment Investor Network Facebook Group
42 min
BiggerPockets Business Podcast
BiggerPockets Business Podcast
BiggerPockets
83: Build Your 7 Figure Amazon Business Step-by-Step With Mike Begg
Did you know that over 200,000 entrepreneurs currently sell over $100K per year on Amazon? Sales continue to skyrocket with no indication of slowing down anytime soon… and this week, our guest is here to help you get in on the action! Mike Begg -- co-founder of AMZ Advisers -- started a side-hustle business selling on Amazon with three buddies while they all worked corporate jobs. Making mistakes and learning lessons the hard way in the early days, the team never gave up, continuing to learn and tweak their business model until they achieved massive success on the platform. Fast forward five years and tens of millions of dollars in sales, Mike and the team now run their business from the sandy white beaches of sunny Mexico, also helping other business owners generate over $1M in sales each while carving out their piece of the Amazon pie. Mike lays out a step-by-step roadmap for identifying product needs on the platform, sourcing inventory, and building a stellar brand that speaks to buyers and generates sales. He talks about the right way to work with vendors overseas, achieving the right mix of pricing and volume, and determining when it makes sense to create additional sales funnels across multiple channels. And most importantly, he reminds us that anyone-- with focus, dedication and a bit of expert assistance-- has the opportunity to generate significant additional streams of income online. Make sure you listen all the way to the end, when Mike gives us some excellent resources to learn more, right NOW. Check him out, and subscribe to the BiggerPockets Business Podcast so you won’t miss our next show! Links from the Show * BiggerPockets * Deloitte * Sears Real Estate * Helium 10 * Fiverr * 99designs * Alibaba * Amazon's Early Reviewer Program * Upwork * Shopify * Scott Voelker's Podcast * AMZ Advisers Blog * Jungle Scout Check the full show notes here: https://www.biggerpockets.com/bizshow83
1 hr 2 min
Exactly How - Real Estate Investing
Exactly How - Real Estate Investing
Connected Investors | Real Estate
Flip Houses For Millions Explained
Full FREE Real Estate Investing Training 👉CiX.com/see-it Show Notes + Gifts 👉 http://ExactlyHow.com See our *NEW* 2020 Market Report here Subscribe to our YOUTUBE channel & PODCAST  *Use Loans & Private Money To Make Millions Investing In Commercial Property*In this episode, our financing expert Jeff Levin talks about the three most important steps to make millions investing in commercial property. Plus, the financing options available to you, how to get proof of funds, and even how to get started with no credit or cash of your own.   *Modern Day Wholesaling – Using PiN To Flip Properties FAST* In this real PiN real estate software review, a real user shares his experience micro-flipping dozens of properties in days. How he uses it to get real estate investing leads, find the sellers and buyers, and connect all the dots to putting real money in the bank. Plus, of course, whether he thinks it lives up to the hype and is worth the investment.   *How to Contact Motivated Sellers** *You’ll learn what to say and how to say it when talking to motivated sellers on the phone. You’ll discover the key elements of every motivated seller conversation that can put you on the path to closing your next investment property deal. These strategies work for wholesalers, fix and flip investors and landlords building a portfolio – and they work just as well when you meet the seller face to face. 👉FREE SOFTWARE TRAINING: https://connectedinvestors.com/free Episode sponsor: https://PrivateLenders.com 👉 Drop a comment to let us know what you liked & want to learn more about! -------------------------------------- There is a new marketplace for real estate investors many are calling the Pre-MLS! Search for deeply discounted properties in your area and learn how to Micro-Flip properties. 👉 See It Here: https://connectedinvestors.com/free -------------------------------------- 📚Resources: https://connectedinvestors.com/insight (FREE Book on Funding Ross Mentioned) http://ExactlyHow.com  (Show Notes + Gifts + Resources) https://Connectedinvestors.com (The social network for REI) https://Connectedinvestors.com/mobile  (House flipping App) https://PrivateLenders.com (Find funding for flips) https://new.connectedinvestors.com/exactly-how-listen (Listen) -------------------------------------- 👉 Listen on Spotify https://open.spotify.com/show/4wahTSFpfZRm2kBslzhpFg?si=HDrm2_v5Rq2JLDkCow4gAg 👉 Listen on Apple Podcasts https://podcasts.apple.com/us/podcast/exactly-how/id147331 Support the show (https://connectedinvestors.com)
12 min
GSD Mode
GSD Mode
Joshua Smith
YouTube For Realtors | How To Generate High Quality Leads Every Day | Jackson Wilkey & Jesse Dau Interview #2
Jackson and Jesse have created an amazing Real Estate Business by leveraging YouTube videos that now generate 50+ high quality real estate leads every single day. In this GSD Mode Podcast Interview, Jackson & Jesse break down the most important elements of what it takes to grow your Real Estate Business with YouTube as well as the things you must avoid doing. They have now expanded their Real Estate Team into multiple states and continue to prove and replicate this process.     00:00 - Introduction   5:00 - Being able to relocate and continue growing their business   7:00 - Do you think you’d still be in Portland if there wasn’t a national pandemic and riots going on?   10:50 - The power that YouTube can create within your real estate business   17:00 - Joshua explains how the YouTube algorithm has changed   22:00 - Mistakes people make when posting to YouTube   28:20 - Changing thumbnails and how much that impacted Joshua’s channel   33:00 - How do you discover how to create and title videos?   39:00 - The R&A (Rip Off & Duplicate) Method for titling videos   46:00 - The onboarding process they teach their clients   50:30 - How Jesse and Jackson have been able to generate repeat business with high quality leads   52:10 - Does YouTube push your video more if you have monetization tuned on vs. turned off?   54:30 - How do you use YouTube live?   1:00:30 - Engagement and how to get others to engage   1:08:00 - How long does it take to create a video and how long until you start seeing momentum on your channel?   1:15:00 - Where to learn more about Jesse and Jackson   1:18:00 - Overdeliver and under promise       Jackson & Jesse’s 1st GSD Mode Podcast Interview: youtube.com/watch?v=D4D9y3zafMU     Connect with Jackson Wilkey and Jesse Dau:     jackson@realagentnow.com     jesse@realagentnow.com     https://www.channeljunkies.com/     https://www.tubebuddy.com/channeljunkies     📚  For a TON of FREE Tips, Methods and Strategies to help you DOMINATE Your Real Estate Business, make sure to snag my new 100% Free Digital Book (it will be emailed to you within seconds) - Joshua Smith's Free Book "DOMINATE Your Real Estate Business - Top Tips From a Top Producers" go to: http://www.JoshuaSmithFREEBook.com/     👉 Looking for help in your Real Estate Business, Check out Joshua Smith's Coaching Program "Mastery Bootcamp" at: http://www.MasteryBootcamp.com     👉 Want to learn more about Joshua Smith's Coaching Program, see if the program is a fit for you, etc... Schedule a 100% Zero Pressure/Zero Hassle Discovery Call, Click Here:  http://www.MasteryBootcamp.com     👉 "Triple Your Real Estate Business In 90 Days" [FREE In-Depth 3 Hour Online Masterclass with Joshua Smith] - http://bit.ly/2WQHBqM     GSD Mode Podcast Sponsors/Supported By:     Perfect Storm (The most Effective and Affordable Real Estate CRM in the Real Estate Industry) - http://www.PerfectStormNow.com     Mastery Bootcamp (Joshua Smith's personal Coaching/Mentorship Program) - http://www.MasteryBootcamp.com     REO Mastery University (REO and Short Sale Real Estate Agent Training) - https://reouniversity.wpengine.com/     Connect With Joshua Smith On Social Media:     Facebook - https://www.facebook.com/JoshuaSmithGSD     Instagram - https://instagram.com/joshuasmithgsd/
1 hr 21 min
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