Market Insights and Opportunities | PREI 311
Play • 34 min

What's happening to home prices and home values? Will they continue to rise? What's happening to rents around the country? These are just some of the questions people are asking nowadays.

Today, we discuss market insights and opportunities on a high-level, it will be a very useful information that you as an investor can apply to your investment strategy today and going forward into 2021.

 

Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing.

IF YOU LIKE THIS PODCAST we would love it if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you!

   
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: https://masterpassiveincome.com/freecoursep Watch the first interview here: https://masterpassiveincome.com/151 // 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!
39 min
BiggerPockets Podcast : Real Estate Investing and Wealth Building to Help You Get Bigger Pockets
BiggerPockets Podcast : Real Estate Investing and Wealth Building to Help You Get Bigger Pockets
BiggerPockets.com : Joshua Dorkin and Brandon Turner
BiggerPockets Podcast 438: The Ultimate Beginner’s Guide to Finding GREAT Deals in ANY Market with Anson Young
Anson Young’s voice may sound familiar to you, that’s because he’s been on the podcast four times! Every time he’s back we learn something new, and today, Anson is talking about how to find and fund great deals, regardless of your schedule, or budget. You don’t need to be a full-time real estate professional to find great deals, just be sure to follow Anson’s advice. If you haven’t heard Anson’s prior episodes, here’s a recap. Anson has touched on almost every aspect of real estate investing. He flips, he wholesales, and he sells houses as an agent, meaning he has a huge amount of knowledge to share to BiggerPockets listeners. On average, Anson is doing 12-15 flips a year, 10 wholesale deals a year, and a dozen or so sales a year as an agent. Anson has some great advice on finding off-market (and on-market) deals that include driving for dollars, door knocking, and list building. He also shares how to build a profitable list, what neighborhoods to look into for deals, and how to specify what type of home you’re trying to get depending on your goals. If you’ve been trying to get your foot in the door to real estate investing, Anson shares why many people have trouble at the start. It all comes down to consistency. If you’re new, it may be fun at first to start driving for dollars, but are you doing it consistently? Do you have an accountability partner that can hold you to a high standard to get the work done? Are you systematizing your leads or trying to juggle them all in your head? We also talk about Anson’s fantastic book Finding and Funding Great Deals, where you can find everything you need to find and fund your next real estate deal. We’re also happy to announce the BiggerPockets Book Club, where you can hear from Anson live and ask him questions about his deals, his book, and his portfolio!
Play
Real Estate Rookie
Real Estate Rookie
BiggerPockets
4 Ways Newbies Can Finance Deals with Richard Kelly
After Richard Kelly shadowed a veterinarian for the day, he realized that his passion wasn’t performing surgery on animals, it was actually money. This led him to become a banker and after he was given the book Rich Dad Poor Dad, his interest in real estate investing was sparked. After deciding he wanted to become a landlord, Richard found BiggerPockets and started listening to every episode of the podcast he could. After feeling confident enough in the real estate investing education space, he made his first jump into flipping, buying a short-sale home with some creative financing via hard money loans. After some very heavy hard money fees paired with long nights working to get his flip finished, he walked away with a solid profit, and knew that he wanted to park it in buy-and-hold investing. Currently, Richard has completed 2 flips and owns 2 rentals (a single family and a duplex), and knows exactly what (and what not) to look for when using hard money and creative financing. Now, he’s here to share the knowledge with all of us. Richard has done 4 deals, with 4 completely different ways of financing. From private money, to 401(k) loans, and using a fan favorite, the 203(k) construction loan. He also talks through how to find deals, who to partner up with, and why you need a great real estate agent especially when you’re just starting out. In This Episode We Cover: * Why short sale properties may be a great buy for new investors  * The importance of having reserves when going through hard money lending * How to get comfortable with making offers (before you see the place) * Financing through hard money, 401(k) loans, and 203(k) loans  * Finding quality partners that make deals easier * How to find off-market deals, wherever you are * Richard’s favorite tools for finding and managing properties * And SO much more! Links from the Show * Real Estate Rookie Facebook Group * Yes Man * Trulia * Zillow * Redfin * Realtor * BiggerPockets Hard Money Lenders * Propstream * BiggerPockets Forums * BiggerPockets Real Estate Show * BiggerPockets Money Podcast * Genius Scan * Stessa * Ashley's Instagram * Tony's Instagram Check the full show notes here: https://www.biggerpockets.com/rookie48
56 min
BiggerPockets Business Podcast
BiggerPockets Business Podcast
BiggerPockets
92: The 3 Biggest Mistakes People Make During Negotiations with Kwame Christian M.A. Esquire
Negotiation is all around us, whether we see it or not. Whether it’s a business negotiation, an argument in a relationship, or convincing your child to eat their greens, you’re always negotiating. With us on today’s episode is Kwame Christian M.A. Esquire, host of the Negotiate Everything podcast and author of Finding Confidence in Conflict. Most people think you have to be a lawyer to be an expert negotiator. Kwame argues that this isn’t true. Since we are constantly negotiating every day, we have the ability to level up our skills to become experts in debating and negotiating. He stresses that winning a negotiation doesn’t mean beating your opponent so they’re embarrassed at the end. It means giving you AND the opponent the ability to walk away from the situation with a win. Kwame preaches “compassionate curiosity” as one of the best ways to research how an opponent may answer questions you present to them. Tie this with some creative problem solving, and you’ll come out of the debate a winner. As real estate investors, this is especially key to our line of business. We’re constantly debating with sellers, buyers, appraisers and more to get outcomes that benefit us. But how can we suggest an outcome that makes the negotiating partner feel good and presents us with future opportunities? You’ll have to listen to find out! In This Episode We Cover: * Why negotiating isn’t just arguing and how to find wins for both parties * Using “The Empathy Loop” as a tactic to have the other party feel heard * The 3 pillars of negotiation, and keeping them in mind when we debate * The biggest mistakes people make when negotiating * Research vs. preparation (when to use which for what) * Compassionate curiosity and seeing your opponents point of view * Maintaining your “form” throughout negotiation * And So Much More! Links from the Show * Previous BiggerPockets Business Episodes * Finding Confidence in Conflict | Kwame Christian | TEDxDayton * American Negotiation Institute Guides (Gift) * Virtual Negotiation and Conflict Resolution Handbook (Gift) Check the full show notes here: http://biggerpockets.com/bizshow92
1 hr 2 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 Selfstorageincome.com 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 - https://www.janusintl.com/ Store Local - https://www.selfstorage.coop/aws/SL/pt/sp/home_page Live Oak Bank - liveoakbank.com/incomepodcast
32 min
The Remote Real Estate Investor
The Remote Real Estate Investor
Roofstock
Go Small Or Go Home w/ Chad Carson
In this episode, Coach Chad Carson joins us again to talk about an important article he wrote for BiggerPockets on making sure your investment goals are in line with your life goals. Link to article: https://www.biggerpockets.com/blog/go-small-or-go-home Link to Chad's website: https://www.coachcarson.com/ --- 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 host, Emil Shour. We have a very special guest with us today. Chad Carson is joining us again, and Chad's going to be talking to us today about his article that he wrote for BiggerPockets. Why the Massive Real Estate Empire you think you want won't give you the life you imagine? So let's get into it. Chad Carson, thanks so much for coming back on the podcast, man, we so appreciate you taking the time out of your busy schedule to hang out with this. Chad: Happy to do it. Thanks for asking me back. Michael: No, of course, of course. So you wrote an article that got published on BiggerPockets. And we're gonna link to that in the show notes. But the article is called why the massive real estate Empire you think you want won't give you the life you imagine? So we're gonna have you read an excerpt from this article. But I would love to know to kick things off. What made you write this article was kind of your inspiration. Chad: Yeah, I wrote a lot on bigger pockets I haven't written as much lately, but also wrote a book for bigger pockets. And so I just I love the ecosystem of BiggerPockets. I love the team behind the scenes. It's just a great service to real estate investors and was immersed in a lot of that, though, I think I heard a common refrain. And it's not necessarily a bad thing. But a lot of the podcasts, a lot of the articles you read the ones that really stood out, were the ones talking about get as big as you can, you need to syndicate, you need to get it 1000s of units. And that was exciting. I guess it makes you know, my podcast hosts your podcast, it makes exciting, you know, headlines when you have this person who bought 50 properties in one year. And that's amazing. But as I thought about it, like the people I knew, both in like the non famous people, nobody even knows who they are, but they have tons of lifestyle, and they have flexibility. And they do what matters to them. A lot of these people had like five properties or three properties, and they had paid them off. And they were really simple. And it was nothing to write home about supposedly. But if you measure things a little bit differently, it actually was pretty incredible. And so I wrote the article to try to tell that story and to explain kind of my point of view on that. And the headline was, you know, go small or go home, because the Grant Cardones of the world are saying you need to 10x otherwise you're no good, you know. He in particular, you know, maybe I get Grant Cardone on my show one day and have a discussion. Michael: Have a chat with him. Chad: Yeah. But I wanted to be kind of the the foil to that not because that's wrong, not because people shouldn't get big and go big. Like, I'm not saying that. What I'm saying is all of us who think keeping things simple, and going small, is just perfectly fine and actually preferred. I wanted to give a voice to that for those people and make an argument, why that's actually a better thing, in many ways. Michael: Michael: Awesome. Love it. Emil: I love that I stumbled on this and like the perfect time because I was starting to have that internal conflict where I'm like, man, am I just not thinking big enough? Like, I think this is what I want. But you see it everywhere, like you mentioned, like everyone's saying, Oh, I just took down 100 units here. And he starts to be like, is that what I need to do to be successful? And I love that this reframes that. So yeah. Chad: Yeah. Michael: All right. So let's jump into a chat if you want to kick us off here and tell us this a story of three real estate investors. Chad: All right, great. Yeah, I'm gonna get my place here. So a story of three real estate investors. And I got to give a little background to this before I start reading it, because I actually got this story from other people, as many stories come from actually a real estate investor named Jack Miller, who was a teacher for many years, he's now passed away, but he was a really good teacher. And I used to go to seminars with him early on in my career, and pretty sure I got the story from him. He probably got it from somebody else as well, but I adapted it for my own purposes. The story goes that there were one summer there were three real estate investors, and they were their couples. And they traveled together to Europe and these investors that originally met each other as beginner investors in the BiggerPockets forum, and they liked each other a lot. And they helped each other kind of grow along the way. And so they became friends. And then about 15 years later, they each had experience some success with the real estate business, and they wanted to kind of go and enjoy the fruits of all of their efforts, because why not? Right, so they decided to go spend 14 days together visiting the Mediterranean coast. First they were going to go explore some ancient cities in Italy, like enjoying some amazing foods and good wine perhaps. And then they were going to continue with a high quality kind of a Mediterranean cruise that would stop at Croatia and Greece. And they even go to one of my friends. Another bigger pockets author, his home country Arian Shehi lives in. It was from Albania has family still in Albania. He's from there originally. So another cool place. So could these investors afford a nice trip like this? So you can imagine going to Italy and go on the Mediterranean coast? Well, let's take a look at the financial scoreboard to see how they could afford it using their real estate. So couple number one was Liz and Tom and they are in their 50s and they live invest in self manage their properties in Missouri in the state of Missouri, and over the last 15 years they've bought 10 single family houses one by one and good neighborhoods. Liz and Tom search hard to buy these houses as fixer uppers. So they needed some work, they were able to buy them below value because of that. And they use the BRRRR strategy to recoup most of their cash on each deal. So they would kind of recycle their cash, buy another deal, fix it up, get it rented, do another deal. And then they would use what's called the Debt Snowball technique to pay off their mortgages early. That's something I talk a lot about as well. So they started with a BRRRR, they got loans, they paid off their debt. And so now their houses produce $7,000 per month, or $84,000 per year in positive cash flow. So that's number one. Number two, Tiffany and Darius are in their early 40s. They live in New York, and they invest in North Carolina using a property manager. And 15 years after they started, they now own 150 unit apartment building, Tiffany and Darius began with smaller properties. And then they used a 1031 exchange. So a tax free exchange to kind of trade up from the smaller properties into these bigger properties until they had enough equity for a down payment on that the big 50 unit building. So they have 50 unit building has a solid fixed interest, 25 year mortgage. And the property itself after paying all their expenses produces $10,000 per month or $120,000 per year in positive cash flow. So that's couple number two. Couple number three is Mike and Martin. And they're in their late 40s. They live in Nevada, and they own properties all over the country. 15 years after they started, they now have 500 units, Mike and Lauren began with their their rentals, but they because of their ability to put together great deals. They also began syndicating deals by pooling money from other people. S…
30 min
The Art of Passive Income
The Art of Passive Income
Mark Podolsky
Reasons Why You Need To Focus On Your Strengths
Mike Simmons wasn’t born into an entrepreneurial family, however, real estate investing became his fascination in 2003, and from then, has gained knowledge and experiences which have made him a wealth of knowledge for budding entrepreneurs worldwide. Today, he is a speaker, podcaster, business coach, and author. He has been in real estate since 2008 and has flipped houses, bought rentals, and wholesaled hundreds of deals. Since then, he has grown his business tremendously which is detailed in his book, Level Jumping, which is available on Amazon. He is the producer and host of the popular podcast Just Start Real Estate where he interviews inspiring investors who share tips and strategies for growing an investment-based business. He is also a partner in 7 Figure Flipping which is one of the nation’s largest real estate mastermind groups. Listen in as they discuss: * How Mike got started and how he took his business to where it is today. * Doubling down on your strengths as opposed to your weaknesses. * The wholesaling method. * What does it take to scale a business? * When is the best time to scale your business? And, more! TIP OF THE WEEK Mark: My tip of the week is going to help make you wealthy. Learn more just go to mikesimmons.com, check out the book Level Jumping, check out their Podcast, and listen to my talk with the other people to inspire you. Scott: Check out this Chrome Plug-In called Tab Save, you can look it out in Chrome Store. What it does is when you tap it will easily save all of your open tabs right to a file. You won't lose them. Mike: My tip is a book, I think, it's an important one because if you ask me to "boil down what you did to scale or like key things": number one was hiring and number two was creating systems and processes, and running my business in a systematic way. The name of the book is _Traction_ by Gino Wickman. It's a short and easy read; and they call it EOS (Entrepreneurial Operating System). It's a simple method of running your business like a business. _Isn’t it time to create passive income so you can work where you want, when you want_,_ and with whomever you want?_
33 min
Massive Agent Podcast
Massive Agent Podcast
Dustin Brohm
How to Get Listings In TOUGH Sellers Markets w/ Zeus Kang
Pretty much every market in the country is feeling the inventory crunch; not nearly enough homes available to meet the overwhelming demand for homes. Some markets only have a few dozen listings, when normally at this time they'd have hundreds. It's crazy! Even still, some agents are still getting listings. But how? What the hell are they doing to get listings in these extremely tough sellers markets? This week we talk to Zeus Kang from Honolulu, HI who is still getting a ton of listings, even when there are so few to go around. Zeus opens his playbook in a VERY detailed way and explains how he and his #1 ranked team market for listings, how they do their listing presentations, how they use open houses as "auditions" for future listings, and more. Connect w/ Zeus Kang: Instagram Website  -- CLICK HERE to get our new "what to post on social media" app, the Massive Agent Daily. ********************** Recommended Products or Services: Witly: the fully automated Facebook Ad management system for real estate agents and loan officers. Get a 14 day free trial HERE Wise Agent: The real estate CRM I use - 14 Day Free Trial PLUS get my drip campaigns for free Shop my Amazon Store: podcasting equipment, my favorite books, cool stuff for Realtors, etc Massive Agent Society: Our "One Agent Per Market" Real Estate Lead Gen Coaching Program and online course - Claim Your Market Now Buzzsprout: Affordable, user-friendly podcast hosting for real estate agents - New users get a $20 Amazon Gift Card Follow us on Instagram *The Massive Agent Podcast is a production of the Industry Syndicate podcast network
57 min
eBay for Business
eBay for Business
eBay
eBay for Business - Ep 125 - Reflect and Review: Shipping Advice and eBay For Charity
Give us a call - 888-723-4630 Send us an email - podcast@ebay.com visit us at ebay.com/podcast Welcome to eBay for Business! This week we’ll revisit Sr. Manager of Operations for eBay for Charity, Jo Rodriguez to get an update on eBay for Charity and its integration with Managed Payments. And David DiBartolomeo gives us some insight as a former employee of USPS into how to best avoid shipping delays like we all experienced during the last holiday shopping season. And Brian and Griff answer three seller questions. To have your questions answered on our eBay for Business podcast, call us at 888 723-4630 or email us at podcast@ebay.com. To give us feedback, please take our podcast listener survey at (https://connect.ebay.com/srv/survey/a/sellerops.podcast) 00:01 - Intro 05:07 - eBay for Charity with Jo Rodriguez 21:06 - USPS Tips for Shipping with Dave DiBartolomeo 41:13 - Q&A and Outro New Links for Ep 125: News about the New Listing Experience - https://community.ebay.com/t5/Announcements/Try-out-the-unified-listing-experience/ba-p/31536605 eBay For Charity Links - https://charity.ebay.com/charity/More-Than-Words-Inc./188438 eBay For Charity Links - https://ebayforcharity.org Dave DiBartolomeo’s eBay Store - https://www.ebay.com/str/selecttech Promotions Manager in Seller Hub - https://www.ebay.com/sh/mkt/promotionmanager/dashboard Promotions Manager Page in Seller Center - https://pages.ebay.com/seller-center/listing-and-marketing/promotions-manager.html Shipping Discount PDF - https://ir.ebaystatic.com/pictures/aw/pics/sc/build-your-business/boost-profits/manage-your-promotions/2015-Shipping-Discounts-Seller-Hub-VS_1012.pdf Orders Page with Filter for “With Offers Sending Automatically” (requires sign in) - https://www.ebay.com/sh/lst/active?catType=storeCategories&status=SIO_AUTO_SEND_ENABLED&q_field1=title&action=search Recurring Links / Phone Numbers / Hashtags Mentioned: 888-723-4630 - Call in Line eBay Seller News Announcements - ebay.com/announcements eBay Community - ebay.com/community eBay Weekly Community Chat - ebay.com/communitychat eBay Help - ebay.com/help/home eBay Meetups - ebay.com/meetups Managed Payments on eBay - ebay.com/payments eBay for Business Podcast - ebay.com/podcast eBay Seller Center - ebay.com/sellercenter eBay Seller Hub - ebay.com/sh eBay System Status - ebay.com/sts explore.ebay.com facebook.com/eBayForBusiness eBay for Business Podcast Listener Survey - https://connect.ebay.com/srv/survey/a/sellerops.podcast #ebaypodcast
55 min
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