Good News for An Exit Strategy You Might've Overlooked | 1101
Play • 15 min

This week, a short term rental company, AirBnB went public amid the pandemic! Furthermore, the recent AirBnB IPO has shown that a short term rental investment strategy is still a profitable enterprise! Therefore, in today’s episode Matt explains what AirBnB IPO means for your short term rental real estate investing strategy. Tune in and find out more!  

Apartment Building Investing with Michael Blank Podcast
Apartment Building Investing with Michael Blank Podcast
Michael Blank
MB 250: The Best of 2020 on Apartment Building Investing
We’ve always said that multifamily is recession-proof, and 2020 gave us a chance to prove it. While the stock market and other asset classes suffered in the pandemic, apartment buildings continue to provide steady cashflow and a safe place to keep our money growing for the long term. So, what can syndicators do to get this message to more people and build a successful real estate investing business? On this episode, I’m sharing the Best of 2020 on the Apartment Building Investing Podcast, beginning with last year’s biggest news—the Coronavirus pandemic. We revisit Drew Kniffin’s thoughts on the risk COVID poses for passive investors, Drew Whitson’s take on why multifamily is still the strongest asset class in real estate, and Russell Gray’s insight on how to protect your wealth in a crisis. We look back at my conversations with Pat Flynn and Amy Porterfield on marketing to investors online and my interview with Gino Wickman around what it takes to be a successful entrepreneur. Listen in for master deal maker Garrett Lynch’s insight on choosing the right market and get inspired by BiggerPockets VP Brandon Turner’s approach to achieving BIG things with tiny action. Key Takeaways How COVID is likely to impact passive investors in multifamily * Unless already run poorly, virus won’t bankrupt property * Much better option than stock market (30% paper loss) Why multifamily is still the strongest asset class in real estate * Performs well through economic disruption * Office buildings, retail and medical suffered in COVID What makes real estate a solid investment (even in a crisis) * Fits criteria of being both REAL and ESSENTIAL * Governments support housing, energy and healthcare What to look for in a multifamily real estate market * Resources available to operate and steady dealflow * Population, job and overall economic growth Who should consider building a thought leadership platform * EVERYONE can build personal brand online * Place to announce, connect and prove authority Why an email list is more valuable than social media followers * Algorithms change, you don’t own social platforms * Email list = YOUR asset for growing relationships How to choose the right lead magnet for your audience * IRRESISTIBLE piece of free content (trade for email addy) * What avatar needs to believe to do business with you The eight critical mistakes most entrepreneurs make * Not having vision * Hiring wrong people * Not spending time with your people * Not knowing who customer is * Not charging enough * Not staying true to your core (shiny object syndrome) * Not knowing your numbers * Not crystalizing roles and responsibilities The eight disciplines for increasing your chances of success * Clarify vision * Decide if you’re ‘partner person’ * Bigger problem = more success * Get feedback early and often * First plan will not be final plan * Work hard (really hard) * Take criticism with grain of salt * See it every night The two kinds of ‘partner people’ in entrepreneurship * Equal partners * Give equity but maintain controlling interest Why it’s crucial to have a clear vision for your business * Know where you want to be and take next tiny step * Ask what’s cool and write as if you’re already there Connect with Drew Kniffin Drew at Nighthawk Equity Drew on LinkedIn Connect with Drew Whitson Drew at the Michael Blank Mentoring Program Drew on LinkedIn Connect with Russell Gray The Real Estate Guys Russell on LinkedIn Connect with Garrett Lynch Garrett at Nighthawk Equity Garrett on LinkedIn Connect with Pat Flynn Pat’s Website Pat at Smart Passive Income Connect with Amy Porterfield Amy’s Website Marketing Made Easy Podcast Connect with Gino Wickman Entrepreneurial Leap Entrepreneurial Leap: Do You Have What It Takes to Become an Entrepreneur? by Gino Wickman Connect with Brandon Turner Open Door Capital BiggerPockets Podcast The Book on Rental Property Investing: How to Create Wealth with Intelligent Buy and Hold Real Estate Investing by Brandon Turner Resources Drew Kniffin on Apartment Building Investing EP208 Drew Whitson on Apartment Building Investing EP228 Russell Gray on Apartment Building Investing EP226 Garrett Lynch on Apartment Building Investing EP231 Pat Flynn on Apartment Building Investing EP210 Amy Porterfield on Apartment Building Investing EP212 Gino Wickman on Apartment Building Investing EP243 Brandon Turner on Apartment Building Investing EP221 Bryce Stewart on BiggerPockets Podcast EP276 Vivid Vision: A Remarkable Tool for Aligning Your Business Around a Shared Vision of the Future by Cameron Herold Find Out More About Deal Maker Live Learn More About Michael’s Mentoring Program Register for Michael’s Platform Builders Workshop What’s the Best Investment: The Stock Market or Real Estate? Podcast Show Notes Michael’s Website Michael on Facebook Michael on Instagram Michael on YouTube Apartment Investor Network Facebook Group Email
40 min
Get Rich Education
Get Rich Education
Keith Weinhold
329: Ken McElroy | What Real Estate Investors Must Know Today
Joe Biden’s economic plan for real estate investors is detailed. Expect: higher income tax, extended eviction & foreclosure moratoriums, $15 minimum wage, $15K first-time homebuyer tax credit, more stimulus checks. Can landlords still evict tenants for non-payment of rent? Yes. I explain how. With all this money printing, I expect inflation to stay low due to low velocity. Ken McElroy joins me again today. He’s the Rich Dad real estate advisor. Migration patterns per U-Haul favor these top 5 states: TN, TX, FL, OH, AZ. #1 for out-migration last year was CA. 72% of people move within the same state, per Ken. Today’s tenant trends: Larger units, security gates, pets, outdoor lighting, small yards, remote rent collection. Proximity to central business districts is less important. Pets attract seniors. Ken has increased income by embracing pets, and reduced expenses by requiring that tenants have Renters Insurance. Learn about how he handled recessionary apartment income disruptions for his investors. Resources mentioned: See Ken McElroy’s predictions video: Show Notes: Mortgage Loans: EQRPs: text “EQRP” in ALL CAPS to 72000 or: 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: Best Financial Education: Get our free “Don’t Quit Your Daydream Letter”: Top Properties & Providers: Follow us on Instagram: @getricheducation Keith’s personal Instagram: @keithweinhold
41 min
Master Passive Income Real Estate Investing in Rental Property
Master Passive Income Real Estate Investing in Rental Property
Dustin Heiner
How to Buy 6 Duplexes in 15 Months Investing In Real Estate
Imagine buying 12 units and making $4500 a month in passive income in just 15 months! Well, my student did just that. After buying 6 duplexes, even during the COV ID pandemic, Benjamin continued to grow his business buying 5 properties in 12 months. Get the free real estate investing course: Watch the first interview here: // WHAT TO WATCH NEXT Best Places to Invest: How to Become Successfully Unemployed: Get Money For Investing in Real Estate: How to Start Investing In Real Estate: How to Analyze a Real Estate Investing Deal in 5 Seconds: How to Set Up Your LLC for Your Business: How to Use Owner Financing to Make Loads of Money: //BEST REAL ESTATE INVESTING RESOURCE LINKS Free Property Get Business Funding Great High Interest Savings Account: Accurate Rental Rates: Self Directed IRA for Real Estate Investing: Learn more about Dustin and find resources to build an automatic real estate investing business: Join our free private Facebook 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!
39 min
Real Estate News: Real Estate Investing Podcast
Real Estate News: Real Estate Investing Podcast
Kathy Fettke - Real Wealth Network
Real Estate News Brief - Federal Eviction Ban Extended, Lennar as Single-Family Landlord, Zillow Ends Free Rental Listings
In this Real Estate News Brief for the week ending January 23rd, 2021… another extension for the Federal eviction ban, homebuilder Lennar to become a single-family landlord, and no more free rental listings on Zillow. We begin with economic news from this past week, and the likely return of former Fed chief Janet Yellen as the new U.S. Treasury Secretary. The Senate Finance Committee approved her nomination on Friday the 22nd. The Senate is expected to vote today, and if confirmed, she'll be the first woman to lead the department in its more than 230-year history. Links: 1 - 2 - 3 - 4 - 5 - 6 - 7 -,local%20governments%2C%20and%20Indian%20tribes. 8 - 9 -
6 min
The Remote Real Estate Investor
The Remote Real Estate Investor
Showdown of The Century (Round 6): Investing in Big Cities vs Small Towns
In this episode, Tom and Emil battle it out in the hotly debated question of whether to invest in a big city or in a small town. --- Transcript Michael: Hey everybody. Welcome to another episode of The Remote Real Estate Investor. I'm Michael Albaum and today I'm joined by my co hosts, Tom: Tom Schneider Emil: and Emil Shour Michael: And today we're gonna be having another showdown episode, we're gonna be doing big city versus small town, which do we like better for our remote real estate investing. So let's get into it. Real quick before we get into it, I ate pizza for dinner last night, and it was really hot when I came out of the oven, and I just burned the roof of my mouth. Is that ever happened to you guys where it's just like so raw? Tom: Definitely. I'm very risk averse. When it comes to heating food. I just played safe my microwave. I programmed it to not go for over 30 seconds and if it's something that takes five minutes, I just stand by plugging in 30 seconds and then it's just safer that way. Mouth pain is terrible, like teeth. tooth pain, anyways, yes, that sucks when you burn your mouth. Michael: I'm just an adult baby like, you don't break your mouth. So for those of you who don't know, or who have never listened to a showdown episode, what we're gonna do is we're gonna debate big city versus small town. And then we're going to swap sides. And so the person who took small town is going to have big city and vice versa. So we get to hear the CO hosts pro and con argument for both big city and small town so we get the full viewpoint and vantage point for how they think about these things. And I can see them both frivolously I don't know if that's the right word writing down notes. copiously taking notes. Tom; I'm not doing it for those frivolously. Michael: Frivolously! Alright, so Emil, are you taking big city or small town first? Emil: I am going to take big city. And when we talk about big city here, before we get into it, let's define that for audience. What are we defining as a big city? Are we talking a Los Angeles and New York, a Chicago? Are we talking secondary cities, tertiary cities? Michael: I'd say secondary and tertiary cities. Tom: I'd say big cities, let's say the 10 biggest cities in the United States. So like, I'd say, Atlanta, Orlando, Houston, Dallas, New York, LA, those ones, what do you guys think? I mean, I'm just kind of shooting from the cuff here work. But the little cities got to be little, little cities. You know, I think the middle middle ground is off the table. Michael: I don't want to have ever heard of the cities that you're talking about. Tom: Indianapolis, you're not in this debate. Emil: So we're not going to go into like which city in particular, but just in general, in general, like big population cities. So the top 10 are New York, Los Angeles, Chicago, Houston, Phoenix, Philadelphia, San Antonio, San Diego. That's interesting, Dallas and San Jose. So that's the top 10 markets. And then we'll cover the other end of the spectrum where you're just talking about like, you know, a small town in Michigan or something, for example, right? Michael: Yeah, yeah, perfect. Emil: So I'll take a large city to start perfect, Tom, you're on small town. Tom: Beautiful. Michael: And Emil I want to give you the floor first. So tell us why you are such a big fan of big cities. Emil: I'm not a big fan of big cities, but I'm gonna pretend to be for this show. Michael: So for the debate for the debate. Emil: To me, there's three that really stand out. So those three are population, rent growth and appreciation potential. So in bigger cities, you have a lot of people, meaning you have a lot of tenants, which is good. As a residential real estate investor, I want to know my tenant pool is large, that's a good thing. For me, that means I have a lot of tenants. Good to know. The second one I mentioned is rent growth. So typically, in larger cities, you know, Los Angeles in New York, some of those top 10, we mentioned, you're just going to see much higher rents than you would in a small town. And I don't know if we've covered it on the podcast before, but the lower your rent is on a monthly basis, the way I like to look at it is you have a smaller margin of error. So sometimes you will see like a 50 or $60,000, home that rents for five 600 bucks. And they're like, Oh my god, the cash flow. And the numbers look amazing. But what they don't realize is one big expense can really wipe you out in terms of cash flow for the year, because a roof costs what a roof costs, have it fixed. And so when your rent is low, yes, it could look good. If everything goes right all year, your yield will look great. But in reality, you'll have those big costs come up and they'll crush your cash flow. So in larger markets, your rent is higher and your rent growth is typically higher as well, because populations big It's a place where there's a lot of demand, a lot of people live there. So rent growth, you typically can see go higher. And the third one is appreciation potential. So those larger cities, that's a lot of times when there's a bull market, that's where you're seeing a lot of the appreciation happening like meaningful appreciation, right? You buy a property that's worth $500,000 in it goes up 10% now you just made 50 k in equity, let's just say same 10% on a $75,000 home, you only went up seven grand right? So just your equity, growth potential through appreciation is just going to be much lower. So to me, those are the three things that really attract investors to big cities. Michael: Does any of that thought process thesis change? Because of COVID? Emil: I don't know. I mean, yes, it does, like I live in Los Angeles. And I know that rents have actually declined, especially in multifamily, because a lot of people have either left the city to go to the suburbs or moving out of state or whatever it is. So I know rent growth and multifamily has gone down population. I mean, that's what's affecting it right. There's just less demand for housing gear. So that's driving rent wrote down, but on the flip side, right now, appreciation is skyrocketing in California, because rates are so low. And this isn't for multifamily, right multifamily is based on how the acid is performing. So if you have lower rents, the cap rate is going to be higher, which means you're gonna have a lower price when you want to sell it. But coupled with that low interest rates, so it hasn't really affect like even multifamily values have gone up as well, it's kind of been negated by low interest rates. So on one end, it's hurt cash flow. But on the other end, you know, I've heard that a lot of La multifamily like their net worth is skyrocketed because of all this appreciation. Michael: Good to know Tom, your rebuttal? Tom: Three letters, two words, baby ROI, cash flow, when you go to that small town to buy, well, first of all, small town, just a great way to live, you know, slower paced living. But let's get back to the discussion, I digress. So your returns traditionally are going to be significantly higher on a cash flow basis. In this smaller towns, if you look at just the ratio of the rent to the price of the home, it's going to be higher, there's going to be higher returns. Now true. There's some downside of typically, there are smaller economies. But if you're looking to get in and looking at these returns as a gross yield, as cap rate, smaller towns are gonna find higher returns. And the reason for that, I think a big reason for that is there's just less competition when you go into these big cities like the Phoenix is and the Dallas's there are these huge institutions that have these fancy calculators that are buying houses all the time, when you go to these small towns, there's not that competition. So you as an investor, being a hard working smart person that you are, you can go evaluate houses and not…
24 min
Real Estate Investing for Cash Flow with Kevin Bupp
Real Estate Investing for Cash Flow with Kevin Bupp
Kevin Bupp
#307: Urban Development, Giving Back, and Much More! -with Adrian Washington
Adrian Washington is the CEO and founder of the neighborhood development company. Adrian has more than 30 years of experience in urban real estate development, construction, and management. Since founding NDC in 1999 he has led the development of over 1 million square feet of real estate in the Washington DC area with an active pipeline of another half-million. NDC is also a partner in the District’s City Center DC project and in Baltimore’s State Center project. From 2005 until early 2007 Adrian took a leave of absence from NDC to serve as the President and CEO of the Anacostia Waterfront Corporation (AWC), which is the entity charged with leading the redevelopment of the city’s Southwest and Anacostia Waterfronts, including Nationals Stadium, the Yards, and the Wharf. Adrian grew up in the city’s Anacostia neighborhood and is a lifelong resident of DC. He is a graduate of Stanford University and Harvard Business School. Quotes: “We like variety from both an economic portfolio balance perspective, but also from an interest perspective. I’ve done this for a while now, I want to have that variety and my team likes different kinds of projects. So, we do for-sale condos, market-rate rental buildings, market-rate commercial buildings, and we also do affordable housing because it’s a good business, but it’s also a good way to give back.” “The supply and demand imbalance, if anything, has gotten worse for the buyer. The prices have gone up tremendously there (single-family homes) and the selling cycle has gotten shorter, and for the condo project we had, the same type of thing." Highlights: 3:24- Adrienne talks about his background and how he made his way into the real estate space 11:03- Adrienne tells us about what he builds to keep and builds to sell 16:09- Adrienne talks about the impact of COVID in the area that he does his business in 19:45- Adrienne tells us about the most rewarding project that he’s ever been a part of Guest Website: Learn About Investment and Partnership Opportunities with Kevin and His Team
33 min
Self Storage Income
Self Storage Income
AJ Osborne
Pricing a Storage Unit - How to Know Exactly What to Charge to Increase Value
Welcome back everybody to the Self Storage Income Podcast! This is your host AJ Osborne. Today we have the big daddy of them all… unit pricing. If you own, operate, or are looking at investing in storage, have you every asked yourself: What should you be charging for the units at your storage facility? How do you know what the storage market can handle in your area? How much can you increase the rate of your storage units? What’s the BEST price you should charge for your storage units? If you’ve asked these questions before, you’re certainly not alone. You’d be surprised how many storage facilities we come across that are extremely under valued. They’re not charging the rates they could be. This is a great problem to have as an owner or investor, because you can immediately and simply resolve this issue. Not only that, you can increase your revenue by incredible amounts. This is what we’re going to jump into today. We’re going to cover everything unit pricing and help to answer all the questions you might have in regard to pricing units. To do this, we need to be able to accurately measure supply, demand, how to increase storage demand, value of our tenants (even over time), finding your ideal customer, and much more. One super important thing I want you to take away from this episode is to realize that each and every single one of the storage units at your facility is an individual product. I talk more on this idea on the podcast and why this frame of mind is so important. As always, thanks a ton for all your amazing support everybody. Thanks for listening! AJ Be sure to go to to get your copy of my Self Storage Playbook. This step by step playbook walks you through from start to finish - how to identify a self storage market, how to perform due diligence, how to contact a current owner, and ultimately how to land a deal and purchase a storage facility. You can also find the Self Storage Income Podcast on: * iTunes * Spotify * Stitcher The Self Storage Income Podcast is Sponsored by: Janus International - Store Local - Live Oak Bank -
32 min
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