Rental Property Owner & Real Estate Investor Podcast
Rental Property Owners Association with Brian Hamrick
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Welcome to the Rental Property Owner and Real Estate Investor Podcast, Brought to you by the Rental Property Owner Association - providing benefits and services to real estate investors and rental property owners for over 45 years.
Hosted by Brian Hamrick from Hamrick Investment Group.
Every Monday Brian and his special guest will discuss topics, tips, and techniques Designed to make you a more confident and successful Rental Property Owner and Real Estate Investor
Available episodes
Newest first
Oldest first
6 days ago
EP414 Is Commercial Real Estate Crashing? With Paul Moore
We’re hearing a lot in the media about impending doom in the commercial real estate market. Should we be bracing ourselves for a repeat of 2008 and 2009?
You might have seen Paul Moore’s recent BiggerPockets article titled "What’s Really Behind the Slew of Recent Commercial Failures", in which he urges us not to overgeneralize the term ‘commercial real estate’, and instead recognize that there are many asset classes in many locations, and many of them will be just fine.
I’ve invited Paul back to the show to share his perspective on whether we should be bracing ourselves for a commercial real estate crash, and what he’s hearing from his network on where the distress really exists.
Paul is the founder and managing partner of Wellings Capital, and a best-selling author on multifamily and self-storage.
Find out more:
www.wellingscapital.com
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
https://www.rcbassociatesllc.com
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Nov 27, 2023
EP413 Buying and Selling Waterfront Property with Tia Lilly
Owning waterfront property is the dream of many real estate investors. But buying and selling waterfront property is very different than your typical real estate transaction.
Tia Lilly is the founder of Property Cape Cod Real Estate. Tia is a seasoned real estate professional with almost two decades of experience specializing in all types of waterfront properties on Cape Cod, including waterfront, water view, lake/pond, riverfront, and beachfront properties. She understands that selling a waterfront property differs from a traditional home sale, but this fact is not widely known.
Today, Tia is going to walk us through all the things we need to consider when it comes to buying or selling waterfront property. We’ll also discuss her methods of valuing a property, and what vacation rental investors need to consider in order to be profitable.
Find out more:
Tia Lilly 508-280-5728
tia@propertycapecod.com
https://propertycapecod.com/podcast-offer/
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
https://www.rcbassociatesllc.com
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Nov 20, 2023
EP412 Industrial is the Hidden ATM of Real Estate Investing with Shannon Robnett
One of the hottest real estate asset classes right now is industrial. On the surface, industrial investment sounds great – you have a few tenants who pay their rent, all the bills, and sometimes even the property tax. But is it as easy as that?
My guest today believes that Industrial is the hidden ATM of real estate investing.
Shannon Robnett is a real estate developer with a principal focus on multifamily and industrial real estate in the greater Boise, Idaho area. He’s been in this market for over 27 years, he’s a 2nd generation builder and developer, and has been involved in over $425 million of construction projects.
Today Shannon breaks down the numbers and reasons why Industrial is such a strong asset class. You’ll learn what type he builds, the tenants he prefers, and the types of financing he uses.
Find out more:
Website: https://shannonrobnett.com/
LinkedIn: https://www.linkedin.com/in/shannonrobnett/
Instagram: https://www.instagram.com/shannonrayrobnett/
Facebook: https://www.facebook.com/shannon.robnett.1
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
https://www.rcbassociatesllc.com
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Nov 13, 2023
EP411 Why We’ll Continue to See Higher Rents Across the Country with Eric Garrett
There’s a lot of speculation right now about the state of the real estate market and the outlook for multifamily apartments. Will we see a steep drop in value, or will sales pick back up once interest rates stabilize? And what direction will we see rents go?
My guest today believes we will see a rise in demand for multifamily housing along with higher rents. As a builder, developer, and investor, he’s in a position to know.
Eric Garrett is the Founder and CEO of The Garret Companies, ranked as one of the fastest-growing privately held companies in America. Since 1999, Eric has owned, developed, and delivered over 73 projects in 17 states totaling over 16,000 units and in excess of $3.5 billion in valuation.
Today Eric discusses the type of apartment developments he builds, what he looks for in his site selection, and how he’s able to control costs by controlling his labor and material supply. Eric will also share why he believes the simple supply and demand equation will lead to higher rent increases.
Find out more:
https://www.thegarrettco.com/
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
https://www.rcbassociatesllc.com
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Nov 6, 2023
EP410 Real Estate Investment Trends Over 30 Years: Insights on Capital Access Changes with Jon Siegel
In today's challenging real estate landscape marked by inflation and rising interest rates, Jon Siegel, a seasoned expert with over $25 billion in multifamily transaction experience, shares his insights. As a former HUD loan sales advisor, Director of Structured Transactions at Fannie Mae, and Director of Acquisitions for a leading multifamily real estate firm, Jon offers valuable advice for long-term success in multifamily investing. Join us as Jon discusses the changing landscape of capital access in real estate since the early '90s and its impact on investors.
Find out more:
jsiegel@railfieldrealty.com
www.railfieldrealty.com
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
https://www.rcbassociatesllc.com
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Nov 2, 2023
My Property Insurance Just Tripled, What do I do? - Next Level Thursday
I've heard horror stories from some of my investor friends in Texas who saw their property insurance costs go from $350 a door to $1,500 a door over the past year.
That made me happy to be investing in Michigan, which is much more of a climate haven that isn't affected as much by the costs of the extreme weather that we're seeing in Texas, Florida, and other coastal states.
But then my insurance company notified me that they weren't going to renew my $7,500 policy on a 37-unit I own here in Grand Rapids. The next best price we could find was $23,000!
That's almost a 200% increase overnight.
Mike Murphy from Brouwers Insurance Agency is my insurance broker on the majority of my portfolio. I invited him to this week's episode of Next Level Thursday to share his insight into the skyrocketing costs we're seeing in the property insurance world.
Mike is going to let us know what to expect with our policies, what we can do to offset the higher costs, and his expectations for 2024.
Mike can be reached:
mikem@brouwersagency.com
616-891-0123
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Oct 30, 2023
EP409 How 1031 Exchanges Can Accelerate Your Real Estate Wealth with Dave Foster
The last time my guest was on the show he shared some mind-blowing 1031 exchange strategies that can help you shelter your real estate sale profits from the IRS. That was episode #237 if you want to check it out.
Dave Foster is back on the show again today to share more examples of successful 1031 exchanges and update us on the latest proposed legislative changes to this incredible investment tool.
Dave also released an Amazon best-selling book called “Lifetime Tax-Free Wealth: The Real Estate Investor’s Guide to The 1031 Exchange”.
Find out more:
Website: https://www.the1031investor.com/
LinkedIn: https://www.linkedin.com/in/davefoster1031/
YouTube: https://www.youtube.com/c/The1031Investor
Lifetime Tax-Free Wealth: The Real Estate Investor's Guide to The 1031 Exchange: https://a.co/d/hs4Rv92
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
https://www.rcbassociatesllc.com
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Oct 26, 2023
Spend the Night In A Haunted House - Next Level Thursday
Spend the night with me in a haunted house!
Welcome to part 2 of our Halloween series on haunted houses, apparitions, paranormal experiences, and the roommates who don’t pay rent and can’t be evicted.
In part one (episode #251) you were introduced to a retired reverend who has been experiencing paranormal activity and communicating with the dead since his near-death experience at the age of 5. You also met several of his paranormal research assistants and heard their stories as well.
In this episode we take you on a ghost hunting adventure to a haunted house in the historic district of Bay City Michigan. You'll find out the strange reasons we were brought there in the first place, how the homeowner was almost pushed off a ladder by a ghost, and what happened that night after 2:00 am that is so strange, and so hard to explain, that I can't wait to share it with you.
If you're experiencing paranormal activity in your home, rental property, or place of business, you can contact Reverend Hunter through his publisher at https://thunderbaypressmichigan.com.
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
https://www.rcbassociatesllc.com
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Oct 23, 2023
EP408 The Top 3 Strategies to Increase Your Short-Term Rental Cash Flow with Luke Carl
If you’re struggling with your short-term rental property and wondering how you can get more guests, better reviews, more cash, and become a better property manager, you’ll definitely benefit from this conversation.
Luke Carl has been managing vacation homes since 2015 with over 6,000 bookings. He’s taught over 10,000 successful short-term rental property managers and has been through every short-term challenge you can imagine.
Luke is the Director of Education for one of the biggest real estate teams in the nation called the Short Term Shop. In this episode, Luke discusses the three ‘Ps’ necessary to improve your bookings – Pictures, Pricing, and Platforms. He also discusses the different apps available to make your short-term rental management more efficient.
Find out more:
https://theshorttermshop.com/
https://linktr.ee/strmshow
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
https://www.rcbassociatesllc.com
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Oct 19, 2023
Haunted Houses, Paranormal Activity, and Incredible Ghost Stories - Next Level Thursday
In continuation of our celebration of all things Halloween, it's time to bring back this incredible episode we recorded three years ago...
Welcome to our special Halloween edition with hair-raising stories about haunted houses, apparitions, paranormal experiences, and the roommates who don't pay rent, and can't be evicted. We did something similar 3 years ago on episode #94 and it was one of my favorite all-time episodes. Today we go even deeper into paranormal phenomenon and I know you're going to love this incredibly thrilling episode!
I recorded so many great stories that I had to break them up into two episodes: In part one you'll meet a group of paranormal researchers and the retired reverend who has brought them together. In part two you'll get to accompany me to a real-life haunted house in Bay City, Michigan.
I want to warn you that some of these stories will frighten you, and some may even terrify you. If you're easily scared or prone to nightmares, then this is not the episode for you. Aside from the sound effects I've added in, everything you're about to hear is the actual professed experiences of the people involved. These are real people, with real stories of paranormal events that can't be explained, and are even harder to understand.
If you own a home, rental property, or business that is haunted or experiencing paranormal activity, then Reverend Hunter would like to hear from you. You can contact him through his publisher at Thunder Bay Press:
https://thunderbaypressmichigan.com/contact
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
https://www.rcbassociatesllc.com
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Oct 16, 2023
EP407 From BMX Freestyler To Multimillion Dollar Entrepreneur With Ross Hamilton
My guest today left behind a promising career as a BMX freestyler to become a real estate investor. He built a portfolio of 50 residential properties prior to the great recession, and then pivoted to building a real estate tech company called Connected Investors that he sold for multigenerational wealth.
Ross Hamilton made his first million by the age of 20 through real estate, and he’s here today to share his story and secrets that he’s learned from other successful people like himself.
Ross will also share how he’s giving back with his new non-profit that is solving the affordable housing crisis. You can find out more about that by going to www.savinghomes.org.
Find out more:
connectedinvestors.com
Social Media:
facebook.com/connectedinvestors
tiktok.com/@connectedinvestors
instagram.com/connectedinvestors
linkedin.com/company/connected-investors
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartm…
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Oct 12, 2023
When Your Rental Property is Haunted: Real-Life Ghost Stories - Next Level Thursday
This is one of my all-time favorite episodes, and since Halloween is coming up I wanted to scare our listeners one more time.
Get ready to get scared by this special Halloween episode with real ghost stories from the perspective of rental property owners, homeowners, and tenants.
Whether you believe in ghosts or not, sometimes strange and inexplicable things happen that make the hairs on the back of your neck stand up. Our guests today talk about the creaking doors, the footsteps, the feeling of being watched, and the sensation of seeing an apparition of someone long dead.
With stories from old and new guests: Ann Finkler, Gary Hall, Steve DeKoster, Brandon Krieg, John Potter, and Sue DeJong.
I know you'll enjoy this episode and I'd appreciate it if you'd share that enjoyment by giving us a review and rating in iTunes.
Happy Halloween!
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Oct 9, 2023
EP406 How to SCALE Your BRRRR Strategy with Niti Jamdar
The BRRRR method is one of the most tried and true real estate investing plays. BRRRR stands for Buy, Rehab, Rent, Refinance, and Repeat, and this strategy has helped countless investors build their real estate portfolios and achieve cash flow.
My guest today has his own spin on this strategy using the SCALE framework. Bigger Pockets even published his book on this topic called Accelerate Your Real Estate, and he’s here today to share it.
Niti Jamdar is the co-founder of Open Spaces Capital and Open Spaces Women which he co-founded with his wife, and it’s their passion to empower investors to pursue entrepreneurship through real estate investing.
Find out more:
openspaceswomen.com
openspacescapital.com/
instagram.com/openspaceswomen/
instagram.com/rewealthblueprint/
linkedin.com/in/palak7/
linkedin.com/in/niti-jamdar-a720585/
facebook.com/openspaceswomen
youtube.com/@openspaces1251
Today’s episode is brought to you by Green Property Management, managing everything fro…
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Oct 5, 2023
How to Make New Construction Pencil Out - Next Level Thursday
In today's economy, its very difficult to make new ground-up construction projects pencil out. With higher interest rates, labor and material costs, and a decrease in construction financing options, we need to come up with alternate solutions to fund our projects.
Your capital stack refers to all of the different sources of funds that you can bring into your project alongside your debt and equity. The more funding sources you can layer into your capital stack, the better the chance you'll have a viable investment opportunity.
On today's Next Level Thursday episode, developer Josh Canale from Great Lakes Development Group discusses the many sources of incentives that you can access for new construction. We'll talk about TIF and Brownfield, NEZ (neighborhood enterprise zone), federal dollars, and other state and municipal incentives.
We'll also discuss where you can go and who you can talk to in order to find all of the capital available for your project.
You can learn more about Jos…
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Oct 2, 2023
EP405 How to Invest in Discounted, Distressed Commercial Real Estate with Dr. Adam Gower
There’s trouble on the horizon for commercial real estate. Some of that trouble is coming from the office sector, some of it is because of higher insurance costs, and some of it is a result of interest rates more than doubling from this time last year.
What kind of distress are we seeing in the commercial real estate market, and how can we understand it better, so that we can perhaps acquire properties at a discount?
My guest today believes a period of wealth transfer in CRE is upon us, bringing exceptional investment opportunities to both sponsors looking to buy discounted deals, and to individual accredited investors who want to invest in these opportunities.
Dr. Adam Gower is a 30+ year real estate veteran with over $1.5 billion in CRE investment who has taught over 4,800 people how to build wealth, preserve capital, and earn passive income from investing in real estate.
Today Dr. Gower shares his perspective on the economy, the Fed and interest rates, and how different real e…
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Sep 28, 2023
Should We Hire the Seller as Our Property Manager? - Next Level Thursday
In 2021, Charlie Kao and I were considering buying an off-market self-storage facility in northern Michigan. All of the numbers looked great, but the one sticking point was that the seller wanted to stay on as property manager. On top of that, he insisted on being paid twice the going rate for a property manager on a facility of that size.
As a rule, it's never a good idea to hire the seller as your property manager, especially when you're investing in a value-add property. But in this case, there was another group that was willing to hire him at his price. We couldn't understand why they were willing to do that.
Charlie and I were about to walk away from the deal. But then we asked ourselves, "Why is the other group willing to hire him, and how does it actually make sense in this case?"
Check out this week's episode of Next Level Thursday to find out.
Find out more about Charlie Kao:
https://www.twinoakscap.com/
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Sep 25, 2023
EP404 Profiting from Accessory Dwelling Units (ADUs) with Shawn DiMartile
Recently, the city of San Diego, California implemented a new program to help increase housing stock and affordability.
They created a bonus accessory dwelling unit, or ADU, program that allows investors to build 10, 20, 30 or more units where a single-family home existed before.
My guest today sees this program as a ‘pot of gold’ for real estate investors, and he’s going to share how he’s been leveraging this program to create new profit streams for himself and his investors.
Shawn DiMartile is the co-founder of Takeoff Capital, a private equity firm with over $50 million in assets under managements spread across 300 units.
Today Shawn discusses the important ways in which ADUs can help increase housing stock, how San Diego has made ADUs a priority, and how he and his investors have been leveraging this strategy in their portfolio.
Find out more:
Instagram: @shawn_dimartile
Website: www.investorshawn.com
Today’s episode is brought to you by Green Property Management,…
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Sep 21, 2023
Print, Sign and Scan? Never Again! - Next Level Thursday
When it comes to signing documents, how much time have you wasted printing, signing, and then scanning the document back into your computer?
On today's episode of Next Level Thursday, Brian shares one of his favorite hacks that will allow you to save paper, printer ink, and most importantly—your time.
Follow along on Youtube to watch how you can electronically sign PDF documents quickly and easily.
And be sure to leave us a 5-star review and rating on your favorite podcast app.
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Sep 18, 2023
EP403 The Challenges of Converting Vacant Office Space into Apartments with Andrew Hinton
One of the after effects of the Covid-19 pandemic has been an increase in people working from home, and a decrease in the need for office space. This has had a dramatic effect on office buildings as an asset class and continues to be a problem with only half of the workforce returning to the office.
Many developers are considering re-purposing vacant office buildings into residential and apartment buildings. But doing that can be a lot more difficult than it seems.
Today’s guest is nearing completion of an office to apartment conversion, and he’s here to share his experiences, both good and bad. We’ll discuss his challenges working with architects, engineers, and city inspectors, and the delays he’s encountered along the way. Andrew will also share the silver lining that makes it all worthwhile and why he’s bullish on the Baltimore market.
Andrew Hinton is the acquisition lead for GL Capital, which focuses on apartment syndication and development in Pennsylvania, Maryland,…
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Sep 14, 2023
What We Found Under the Parking Lot - Next Level Thursday
Any time you start a new construction project one of the biggest mysteries you'll encounter is what you might find under the ground. Well, you won't believe what we found under the old parking lot at our apartment development site.
Today I'm joined by Brad Laackman from Honor Construction. Brad discusses the things he's found under the ground during his construction career, as well as the surprising discovery we made at our 120-unit apartment construction site in Grand Rapids, MI.
You can find out more about our development and watch our monthly construction updates at:
https://www.victorydevgroup.com/
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Sep 11, 2023
EP402 Management Styles for Short-Term Vacation Rentals
Welcome to the Management Styles for Short-Term Rentals Panel. What management style is best suited for your short-term rentals? Should you handle managing yourself, or is a third-party team a better option? How do you know you’re making the right choice?
We have a great group with us today to help answer these questions.
Tony Stancato is an emerging industry leader. With a personal portfolio of four short-term rental properties totaling 11 doors and a successful vacation rental management company called ‘Book N Gather’, Tony has a wealth of knowledge and experience to share with us today.
Tony is a co-host of the popular Michigan Short Term Rentals podcast and a short-term rental real estate agent.
Nate DePelsMaeker is a Field Sales Executive for Vacasa. He is a licensed real estate salesperson and who uses his background in both short-term rental management and professional sales to assist homeowners in deciding for or against full-service third-party managements solutions…
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Sep 7, 2023
Un-Financeable and Seller Wouldn't Carry the Note - Next Level Thursday
In 2021, Jeremy Garcia's commercial realtor brought him a semi-off-market listing for a 14-acre vacation resort located on the shores of Lake Michigan in North Muskegon.
The resort had been closed for two years due to Covid, and the seller's reported income pre-Covid didn't come close to justifying the $2 million price tag they were asking for.
They also weren't willing to consider seller financing, which seemed to be the only way to justify their price since the lack of a financial history made the property un-financeable.
So how were we able to close on this property in 2022?
In this episode of Next Level Thursday, Jeremy and I break down the challenges we had acquiring this vacation resort and the strategy we employed to find a lender for an un-financeable property.
You can find out more about Scenic Drive Resort and even book a stay by going to https://bookdreamstay.com/.
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Sep 4, 2023
EP401 How He Makes $2 Million a Month in Passive Income with Kyle Seyboth
When you ask most investors how much passive income they would need to be financially free, the most common answer is $10,000 per month.
Well, my guest today is on track to generate a staggering passive income of more than $2 million a month!
Kyle Seyboth owns over 300 units, is Wall Street Journal’s #1 Realtor Nationwide, and founder of Century 21 Limitless.
Kyle is here today to share his plan to transition from millionaire to billionaire. We’ll also discuss how he masters time management through decision reduction and coaches his partners to achieve maximum success. Kyle also breaks down his multiple streams of income and how each stream will contribute to his monthly income.
Find out more:
Search for Kyle Seyboth on Facebook, LinkedIn and other social media platforms.
The Seyboth Team Real Estate
Century 21 Limitless
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michiga…
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Aug 31, 2023
Why FEMA Flood Zone Maps Must Be Part of Due Diligence for Investors - Next Level Thursday
Welcome to Next Level Thursday!
On our very first episode we're going to discuss FEMA Flood Zone Maps and why you must include them in your due diligence when buying any type of property.
Both lenders and insurance companies look at FEMA flood maps to assess risk and determine whether you'll need to pay for extra flood insurance—which can be quite costly.
If you're already paying for flood insurance, then you'll also want to re-check the FEMA flood maps because they've been updated in the past year.
I'll discuss my property where we were paying an extra $15,000 in flood insurance, and how FEMA revised their flood maps and I don't have to pay that any longer.
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Aug 28, 2023
EP400 Brian's Predictions for the Top 5 Real Estate Investing Trends Through Episode 500!
We made it to episode #400!
Today your host, Brian Hamrick, is going to give you a peek behind the curtain and share insight into the past 400 episodes and where this podcast is heading for the next 400.
Brian will also reveal his top 5 predictions on trends and headwinds that investors need to be aware of in the coming months and years.
Thanks for being a loyal viewer and listener of this show. Please leave us a rating and review on whatever podcast app you listen to us on!
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
https://www.rcbassociatesllc.com
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Aug 21, 2023
EP399 Solving the Affordable Housing Crisis with Mobile Homes and Factory-Built Housing with Franco Perez
My guest today is on a mission to create affordable housing in one of the most unaffordable locations in the country—Silicon Valley.
Franco Perez is a mobile home expert, affordable housing author, and manufactured home developer. Today Franco is going to help us understand why mobile homes are the future of affordable housing. We’ll also discuss factory-built housing and how it’s a solution to the high cost of new construction.
Find out more:
franco.tv
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
https://www.rcbassociatesllc.com
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Aug 14, 2023
EP398 How to Drive Value in Real Estate Through Architecture and Design with Aaron Yassin
How important is architecture and design when it comes to real estate investing? According to my guest today it’s of ultimate importance, and the sooner you understand that, the more money you can make.
Aaron Yassin is an award-winning, design driven developer building ground-up construction apartments in Brooklyn, New York. With over 20 years of experience in real estate, design, and fine art, he holds a unique position in the development space.
Aaron’s goal is to build the ‘Tesla’ of houses, and today we’re going to find out what that actually means. Aaron has five points to good design that we’ll be discussing: spatial planning, materials, lighting, building envelope and building systems.
Find out more:
www.designdrivesvalue.com
www.hivedevelopers.nyc
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates…
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Aug 7, 2023
EP397 Wholesaling, Lease-Options, and Subject-To Investing Strategies with Eudania Burrell
My guest today is a federal officer for the Department of Homeland Security who has also become a real estate investor, entrepreneur and coach.
When the Covid-19 pandemic shut down the world several years ago, Eudania Burrell found herself without income, a flooded basement and a lot of adversity to overcome.
That’s when she turned to real estate investing, and within a matter of months she had her first three houses under contract. Today she’s going to share her inspirational story of how real estate investing changed her life and the lives of those around her.
Eudania will talk us through her strategies of wholesaling, subject-to and lease-options, while sharing actual examples of the deals she completed and the profits she realized. We’ll discuss her greatest challenges and the importance of taking control of your financial destiny.
Find out more:
www.renewmeproperties.com
Today’s episode is brought to you by Green Property Management, managing everything from single f…
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Jul 31, 2023
EP396 Find the Best Multifamily Investing Markets by Unleashing the Power of Data with Drew Breneman
My guest today bought his first four rental properties at the age of 19 using savings from his high school internet business.
Today, Drew Breneman is the founder and CEO of Breneman Capital where he focuses on undervalued multifamily assets and has built a portfolio of $200 million in assets under management.
Drew harnesses the power of data analytics to drive his investment decisions, gaining valuable insights into market trends, property performance and tenant behavior.
Today we discuss the metrics he and his team review to find the best markets around the country. Drew will share his top markets to invest in, the markets he avoids, and what his data says about Midwest markets like Grand Rapids, Michigan.
Find out more:
Breneman Capital: www.breneman.com
Breneman Blueprint Podcast: https://apple.co/3VFp3Kg
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www…
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Jul 24, 2023
EP395 How to Finance Investment Property in 2023 with Fred SaintAmour
If you’re in the process of buying any type of rental property right now, then you’ve probably noticed how difficult it has become to find a suitable loan and terms.
Changes in key metrics such as debt service coverage, interest rates, and loan-to-value have had a dramatic impact on the ability to get deals done.
My guest today explains the current lending landscape and helps you understand what is necessary to find the right loan for your investment.
Fred SaintAmour is a former U.S. Army Ranger who now helps real estate investors and business owners of all sizes get the capital they need, when they need it, with the best terms possible.
Fred has been a commercial loan executive with Boathouse Commercial Funding Group since 2010.
Find out more:
269-838-3838
Fred@BoathouseCFG.com
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And…
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Jul 17, 2023
EP394 Investing in Multifamily Syndications in Texas with Rebecca Moore
Rebecca Moore is a multifamily investor and syndicator. Through her company, Starboard Equity, she and her husband control over 900 units.
Her strengths are strategic partnerships, investor relations, capital raising and asset management.
Rebecca moved from sunny San Diego to live and invest in Dallas, Texas in order to have access to more and better investment opportunities.
Today we discuss multifamily syndication – how to talk with a broker, communicate with investors, and form strategic partnerships. We also discuss investing in Texas and the peculiarities around insurance costs and property taxes.
Rebecca also explains the ins and outs of floating interest rate caps and what that means to investors and how its leading to some distress in the market.
Find out more:
www.StarboardEquity.com
Rebecca@StarboardEquity.com
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan are…
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Jul 10, 2023
EP393 Bypass the Banks by Investing in Mortgage Notes with Fred Moskowitz
With higher interest rates and the distress we’re currently seeing in the banking and lending arena, investing in real estate has become a lot more difficult lately.
There is, however, a way to bypass banks altogether and actually become the lender. You can do this by investing in mortgage notes.
Fred Moskowitz is an experienced speaker, author, and educator on note investing, and he’s here with us today to help us understand this alternative investing strategy.
Fred explains how mortgage notes work and why it makes sense to ‘buy the paper’ rather than the property. We’ll discuss the three ways to become a note investor, and review the key metrics you’ll need to understand when acquiring a note.
Find out more:
www.fredmoskowitz.com
www.giftfromfred.com
Text MONEY to 215-461-4433
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.c…
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Jul 3, 2023
EP392 Defending Short-Term Rentals Through Lobbying & Grassroots Efforts With Ryan Servatius and Brian Westrin
Be careful when you acquire your short-term rental properties and make sure you know the prevailing laws and rules in the area you’re investing in. Many cities and municipalities are changing their perspective on short-term rentals and putting restrictions in place that may affect your bottom line.
It helps to work with these cities, their decision-makers, and elected officials to educate them on the benefits of short-term rentals. The better your relationship is with your community and neighbors, the better your chances for success.
Recently at the annual RPOA conference we hosted a panel to discuss these matters.
Ryan Servatius has been in real estate for over 20 years, and sits on the NAR national committee for Resort & Second Home Property Specialists, as well as the State & Local Issues Policy Committee.
Ryan owns and operates Big Blue Rentals, managing vacation rental properties in Southwest Michigan, based in South Haven.
Brian Westrin serves as Michigan Realtors® Gene…
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Jun 26, 2023
EP391 How He’s Leveraging Virtual Assistants and Artificial Intelligence in His Wholesaling and Fix & Flip Investing with Matt Larson
My guest today has completed over 4,000 real estate transactions and his strategies include wholesaling, fix and flips, rentals and property management.
He also owns an 18,000 sq. ft. warehouse stocked floor-to-ceiling with homebuilding materials that he sourced up to 70% below retail.
Matt Larson also runs his entire wholesaling business with virtual assistants and spends less than 5 hours per weeks on it’s operations.
He’s considered to be an industry expert and personally coached Tony Robbins on single-family real estate investing.
Today Matt dives deep into his systems and processes. He’ll share the secrets of setting up his virtual systems and negotiating huge discounts from major retailers. We’ll also discuss his views on AI (artificial intelligence) and how he’s integrating that into his process.
Find out more:
www.realestatematt.com
www.mattneedshouses.com
www.rapidassistants.com
Today’s episode is brought to you by Green Property Management, managing every…
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Jun 19, 2023
EP390 These Teens Control Over 80 Units of Real Estate Investments With Eric, Lila, Deven & Ethan Wohlwend
I have the pleasure today of interviewing a unique and fascinating family of real estate investors.
I’ll start with Deven who is 16 years old and controls over 45 units. He published his first book when he was 11 and has spoken in front of live audiences across the country.
His brother Ethan is only 13 but just as impressive. He controls 40 units and also published a #1 book when he was 12.
Both boys acquired their properties without using any money or credit from their parents.
Speaking of their parents, Eric and Lila Wohlwend have been investing for 2 decades and control hundreds of single and multi-family residential properties, as well as oil wells, crypto, and precious metals. They’ve spoken to audiences around the world and have published two #1 bestselling books.
I’ve been looking forward to this conversation ever since we met at the RPOA annual conference last February.
Find out more:
www.ClearSkyTrainer.com
Instagram, YouTube, & Rumble:
@RealPowerFamily
@Deve…
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Jun 12, 2023
EP389 This Out-Of-Work Actor Built a $35 Million Self-Storage Portfolio in Three Years With Cameron Barsanti
Three years ago, my guest was an out-of-work actor who had just lost his wife’s savings on a feature film that he produced. He was collecting unemployment and had a second child on the way. He had very little money in the bank, and the situation couldn’t have been more dire.
So how did Cameron Barsanti go from that down-on-his-luck actor to building a $35 million portfolio of self-storage facilities?
Today, Cameron is going to tell us how he created a system to acquire ten self-storage facilities across four states by cold-calling mom-and-pop owners. He’ll also talk about his first acquisition, an unpermitted 3-unit on an island in Texas where his main tenant became addicted to crack cocaine during the Covid-19 pandemic.
Cameron has a lot of great stories to share, both about his time in the entertainment industry and his transition into real estate investing.
Find out more:
Angel Crest Capital Website
StorageLife Website
Instagram
LinkedIn
Today’s episode is brought t…
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Jun 5, 2023
EP388 How to Master Relationship-Based Negotiations for Buying Off-Market Properties With Jeff Stephens
Many of us have been in competitive buying situations with multiple offers on the table for that one special property. It’s never fun to lose out to another buyer, and today’s guest has figured out a way to bypass that process all-together.
Jeff Stephens specializes in relationship-based negotiations and prefers to buy his properties off-market and directly from sellers.
Jeff believes you need to ‘solve the person, before you solve the deal’, and today he’s going to show us how that works.
Jeff is also the founder of “The Thoughtful Real Estate Entrepreneur” and the host of the popular podcast "Racking Up Rentals".
Today Jeff describes how he creates seller financing notes that allow him to substitute the collateralization. That way he can sell the property and still keep the note with the terms he negotiated intact. This might sound confusing at first, but trust me, this is a concept you need to understand. It certainly was an eye-opener for me!
Find out more:
1) R…
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May 29, 2023
EP387 Investing Over $1 Billion in Impact-Driven Real Estate Projects With Evan Shields
My guest today is a business leader, educator and public servant who has dedicated his life to advancing economic opportunity for underinvested communities.
And while Evan Shields has led the investment, development and asset management of over $4 billion in institutional commercial real estate assets, he has also realized that there is a huge disparity when it comes to who is actually at the table making decisions.
Today we’re going to discuss the need for more diversity, sustainability, and economic mobility that Evan is focusing on through his company Indelible Capital Partners.
IndeliCap is on a mission to invest $1 billion over the next decade in real estate with an indelible impact on our world. As an owner and operator, IndeliCap strives to revitalize communities through the acquisition and development of market rate, mixed income, workforce housing, and single-family rentals across the Southeast U.S.
Find out more:
www.indelicap.com
Today’s episode is brought to you b…
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May 22, 2023
EP386 Scaling Your Syndication Business Through Leadership and Systems with Staci Gray
If you raise money from investors to fund your real estate opportunities, you’re definitely want to listen to today’s conversation.
Staci Gray helps real estate syndicators systematize their operations so they can raise more capital and do more deals faster.
Over the past two decades, Staci has built several multi-7-figure businesses and now helps other entrepreneurs do the same thing through her company Organize to Scale.
Today we’re going to discuss the importance of leadership in scaling your business, as well as the essential components needed to put the right people in place to architect, build, and operate your systems.
Find out more:
organizetoscale.com
scale@organizetoscale.com
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners nav…
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May 15, 2023
EP385 Successful Strategies in Short-Term Rentals Panel Discussion With Al Williamson, Kate Stoermer and Jeremy Garcia
What’s new in short-term rentals? According to AirDNA bookings are up, but so are the number of rentals available. More competition means less profit to go around. Investors who rushed in without a plan are now second-guessing their decisions.
But there are strategies, both new and old, that are working and being employed by savvy investors.
What are those successful strategies in the short and mid-term rental space? We’ve gathered three successful investors today to help us find out:
Al Williamson is the world's first landlord scientist and an expert on extended stay Airbnbs—meaning he is a thought leader on furnished rentals that are available on a monthly basis.
Al was also our featured speaker at the annual RPOA Conference where he presented on extended stay rentals.
Kate Stoermer, The CEO Host. Kate is an Airbnb Superhost and VRBO Premier Host, who owns and manages her own portfolio and manages for others. She is experienced with partnerships, private money lending, an…
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May 8, 2023
EP384 From Zero to $100M by Investing in Student Housing and Multifamily With Will Matheson
My guest today got his start in real estate as a broker for Marcus & Millichap in Raleigh, North Carolina before starting his own real estate firm with his twin brother.
Will Matheson went from zero to $100 million in assets under management in just four years, and he’s done it through multifamily and student housing investments.
Today we’ll take a closer look at student housing, get insight into working with family offices and institutional funds, and learn how Matheson Capital plans to achieve their goal of $1 billion in real estate by 2027.
Find out more:
https://www.mathcap.com/
www.linkedin.com/in/wlmatheson/
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
https://ww…
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May 1, 2023
EP383 Boost Short-Term Rental Revenue by Upselling Amenities to Guests with Madison Rifkin
My guest today has found a technology solution to help short-term rental hosts add new streams of income and boost their profits.
Madison Rifkin is the CEO and Founder of Mount, a startup company that is focused on enhancing the guest experience by enabling hosts to effortlessly and securely provide adventure-filled memories by upselling amenities—specifically via equipment rentals such as bikes, e-bikes, scooters, kayaks, paddleboards, surfboards, snowshoes, and beach equipment.
Madison shares how you can increase your profits by renting out amenities. We’ll discuss how she founded Mount and the process she went through to raise venture capital as well.
Find out more:
www.rentmount.com
LinkedIn
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owner…
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Apr 24, 2023
EP382 Building Wealth and Cashflow with Boutique Hotels and Other Mid & Short-Term Rental Strategies with James Svetec and Riley Oickle
How does the landscape look for real estate investors in 2023?
My guests today share the belief that no matter what’s going on in the economy, real estate investing is the tried and true method of building wealth and cashflow.
Riley Oickle invests in small and large multifamily properties for long, mid, and short-term rentals, and James Svetec is a short-term rental consultant to Robert Kiyosaki and he’s also the co-author of Airbinb for Dummies.
Today Riley shares his early mentorship experience with a seasoned real estate investor and how he was able to learn so much from this person in his early 20’s, as well as the complimentary skills James and Riley bring to their vacation rental business.
We’ll also discuss the boutique hotel model and compare notes on why that may be an opportunity to exponentially grow your vacation rental portfolio.
Find out more:
https://bnbmastery.com/
https://bnbinnercircle.com/
Social Media handles (@bnbinnercircle, @jamessvetec, @rileyoic…
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Apr 17, 2023
EP381 Boosting Your Capital Stack with Cashflow-Based Financing with Brittany Mosely and Derrick Barker
I have two incredible guests with me today to talk about a unique way to raise more equity for your deals without relying on limited partner investors.
Brittany Mosely is an Airbnb superhost who has owned and operated more than 20 units across the U.S., an asset manager for a 100+ unit co-living portfolio, and a rental arbitrager. Derrick Barker has built a 4,700-unit real estate portfolio worth over $400 million.
Both Derrick and Brittany uniquely understand the needs and opportunities of other real estate investors, especially those in the short-term rental space. Together they’re the co-founders of Nectar, the cashflow-based financing platform for experienced short-term rental owners and managers.
Find out more:
http://www.usenectar.com
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real…
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Apr 10, 2023
EP380 Why Elon Musk Believes that the Commercial Real Estate Debt Market is “By Far the Most Serious Looming Issue” & What You Can Do About It with Neal Bawa
I’m thrilled to have Neal Bawa back on the show today. Neal is a data scientist and technologist who always has his finger on the pulse of the economy and the state of commercial real estate investing.
Neal is also a top-rated and in-demand presenter at conferences and events across the country, he’s a successful investor with over $1 billion dollars in assets under management, and he’s the CEO of Grocapitus and Multifamily University.
He is known universally as the Mad Scientist of Multifamily, and I always pay attention to what Neal has to say – because he’s incredibly well informed, and always entertaining.
Today we’re going to discuss the recent bank failures and what that means to investors. We’ll talk about the upcoming liquidity crunch, and why Elon Musk recently tweeted that the commercial real estate debt market is “by far the most serious looming issue."
Neal also explains why investors who bought between 2021 and 2022 are in trouble, and why he’s hit th…
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Apr 3, 2023
EP379 Expert Tips on Self-Storage Development and Management with Charlie Kao
Charlie Kao is an expert in many aspects of commercial real estate, with a concentration in self-storage acquisitions and development.
He’s recognized nationally as an expert in self-storage and consults with investors all over the country. He’ll be speaking next week at the Inside Self-Storage World-Wide Expo at Caesars Palace in Las Vegas.
Charlie is also a friend of the show who first appeared way back on episode #96 and he interviewed me on episode #100. Since then, we’ve actually partnered on several self-storage deals together.
Today Charlie is going to break down his process in locating a self-storage development site, determining its feasibility, designing it, and instituting cost-savings and technology that will improve the net operating income. Charlie also shares his tips on achieving a work/life balance.
Find out more:
www.youtube.com/@twinoakscapital
Instagram @charlesckao
Facebook www.facebook.com/cck21
Today’s episode is brought to you by Green Property…
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Mar 27, 2023
EP378 How Understanding the MATH of Real Estate Will Help You Make More MONEY with Mark Updegraff
My guest today has a quantitative and repeatable process for identifying areas that will experience 20 to 30% appreciation over a five-year period.
Not only does Mark Updegraff have a background in science, technology, and mathematics, he also began his career at NASA, so I’m excited to see how that background has translated to his real estate development, management, and brokerage businesses.
Today Mark shares the metrics and ratios he uses to convert the MATH into MONEY. We’ll discuss gross rent multiplier (GRM) and price per foot and learn how Mark took those two simple ratios to help his clients and investors identify neighborhoods that were poised to appreciate at a much higher rate over a shorter time period.
Find out more:
Mark@UpdegraffGroup.com
http://www.MarkUpdegraff.com
http://www.RazeCapital.com
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https:/…
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Mar 20, 2023
EP377 Inflation, Interest Rates, and Potential Recession: What Can We Expect? With Dr. Paul Isely
Anyone paying attention to the economy lately is aware that interest rates are rising, inflation has become a problem, and we may, or may not, be heading into a recession.
What does all this mean to us as real estate investors and rental property owners?
To put all this economic data into perspective I’m excited to have Dr. Paul Isely on the show with me today.
Dr. Paul Isely is currently Associate Dean and Professor of Economics for the Seidman College of Business at Grand Valley State University. Since 2013, he has also led the economic forecasting team in the Seidman College of Business helping businesses across West Michigan have better information for decision making.
Paul spoke several weeks ago to a standing-room only crowd at the RPOA annual conference, and I’m thrilled to have the opportunity to bring him back to our RPOA audience.
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in t…
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Mar 13, 2023
EP376 Where’s The Money: Creative Financing Options in a High Interest Rate Environment
A year ago, if you wanted to acquire a property there was plenty of money available from lenders at incredibly low interest rates.
Just one year later and lenders have pulled back drastically, and interest rates have doubled.
Those of us looking to get our real estate investments financed are having to accept a new reality that is impacting our cashflow and creating a lot of uncertainty as to whether deals will even pencil out.
Given this new reality, we thought we’d bring three experts from the lending world together to discover – “Where’s the Money? Creative Financing Options in a High Interest Rate Environment”.
John Burley
John has 40+ years of investing experience, several thousand (personally) completed Real Estate deals, and over Six Hundred Million Dollars Raised.
John wrote the International #1 Best Seller “Money Secrets of the Rich”. He has produced over 100 books and audio programs during his career and was a featured speaker at our Michigan Landlord &…
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Mar 6, 2023
EP375 Should You Invest in Car Washes? With Whitney Elkins-Hutten
Are car washes a great investment for cash-flow and appreciation? My guest today would say ‘yes’.
Whitney Elkins-Hutten is the Director of Investor Education at PassiveInvesting.com and a partner in $800m+ in real estate—including over 6,500+ residential units (MF, MHP, SFR, and assisted living), 7 express car washes, and more than 2,200+ self-storage units across 11 states. She also has experience flipping over $5m in residential real estate.
We’re also going to discuss The 5 freedoms in life and how the billionaires and the 1% invest in real estate.
Find out more:
PassiveInvestingwithWhitney.com
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
https://www.rcbassociate…
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Feb 27, 2023
EP374 Last-Minute Tax Strategies with Amanda Han and Matt MacFarland
Tax season is upon us, and we thought this would be a good time to discuss the most common and costly tax mistakes that real estate investors make.
Here with me today to strategize our taxes is Amanda Han and Matt MacFarland, two CPAs and tax strategists who specialize in helping people use real estate to save massive amounts in taxes and keep their hard-earned money.
We’ll also be discussing tax strategies to supercharge your wealth-building, what it means to be classified as a “Real Estate Professional” for tax purposes, and how to use a short-term rental loophole to reduce your taxes.
Amanda and Matt are the authors of “The Book on Tax Strategies for the Savvy Real Estate Investor” and “The Book on Advanced Tax Strategies”—both released by BiggerPockets Publishing.
Find out more:
Website: https://www.keystonecpa.com/
Instagram: https://www.instagram.com/amanda_han_cpa/
Instagram: https://www.instagram.com/keystone.cpa/
Facebook: https://www.facebook.com/keys…
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Feb 20, 2023
EP373 How They Treat Their Real Estate Flipping and Renting as a Business Through Teams and Systems with Glenn and Amber Schworm
Today we’re going to talk with a married couple, who together have weathered the ups & downs of real estate investing through good and difficult markets.
Back in 2007, Glenn and Amber Schworm owed $80,000 on their credit cards and had a family take care of. They turned to real estate investing just as the market began crashing.
Still, they persisted with their flipping and renovation business and have since helped others flip over 1,000 homes worth over $85 million dollars.
Glenn and Amber recently published their first book – “The Birth of the Everyday Real Estate Investor”. They've also managed to build teams and systems that allow them to treat their real estate as a business that requires very little of their time.
Find out more:
https://glennandamber.com/
https://www.amazon.com/dp/1637584156
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.liv…
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Feb 13, 2023
EP372 How Climate Change and Climate Migrants Will Affect Real Estate Investors in Michigan with MLive Reporter Lindsay Moore
Today we’re going to discuss one of the greatest threats not only to real estate investors, but to everyone who lives in areas with rising sea levels, frequent hurricanes, forest fires, draughts and intense heat.
Yes, I’m talking about climate change.
Whether you believe it’s real or not doesn’t matter. Because its already affecting every single person who lives in this country.
But for real estate investors there are areas that will actually benefit from climate change – areas that have plenty of fresh water and are considered to be climate havens – areas like Michigan.
My guest today is Lindsay Moore, an economic reporter for MLive who covers the housing markets across Michigan.
Lindsay and her colleague Sheri McWhirter have been writing an excellent series on the affect climate migration will have on Michigan, and whether or not we’re ready for the influx of new residents we’ll be experiencing over the coming decades.
Find out more:
https://twitter.com/_lindsa…
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Feb 6, 2023
EP371 Four Years to 350 Doors, 24 Employees, and $70 Million in Assets with Allon Avgi
My guest today is Allon Avgi, the Founder and CEO of AVGI, a real estate investment firm with a portfolio of $70m built over the past 4 years.
Allon got his start at the age of 20 with a wrecked house in Westbury, NY, where he turned a high-interest hard-money loan into a steadily growing holding and new development company.
Currently, AVGI specializes in multifamily investments, managing 350+ properties with 24 full-time employees.
Today Allon will share the mindset that helped him grow his portfolio so quickly, why he started hiring employees to accelerate that growth, and social media tips that have allowed him to amass a huge following online.
Find out more:
Website: https://avgi.com
Instagram: https://www.instagram.com/allonavgi/
TikTok: https://www.tiktok.com/@allonavgi?lang=en
LinkedIn: https://www.linkedin.com/in/allonavgi/
Twitter: https://twitter.com/allonavgi
Facebook: https://www.facebook.com/everythingAllon/
YouTube: https://www.youtube.com/user/AllonAvgi
Ap…
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Jan 30, 2023
EP370 What He’s Learned From Millionaires and Billionaires That Helped Him Close Over $500 Million in Deals with Richard C Wilson
My guest today is a true thought leader when it comes to raising capital from high net-worth and ultra high net worth investors. His book “Capital Raising” is the best book I’ve ever listened to on the subject, and his material on pitch decks is an absolute game changer.
Richard C. Wilson was last on the show in 2019, episode #184, and I’d highly recommend listening again to that conversation.
Since then, Richard has purchased the domain for Billionaires.com where he’s interviewing 100 billionaires. He’s also added a shark from Shark Tank to his team, closed on over $500 million in deals, started over 200 family offices, and hosted 185 live events through FamilyOffices.com
Today Richard shares the different deal and tax-advantaged structures he’s employed with his family offices and high net-worth investors, why he’s focused on his short-term rental and medical office funds, what he’s learned from the billionaires he’s interviewed, the missteps he’s made along…
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Jan 26, 2023
Special RPOA 2023 Annual Conference Announcement - Asset Protection for Real Estate Investors
The Biggest Real Estate Investing Conference in Michigan is BACK!
Announcing the Michigan Landlord & Real Estate Investor Conference & Expo 2023 - at the Devos Place Conference Center in Grand Rapids, Michigan.
In today's special announcement we hear from one of our many nationally recognized speakers, Bill Noll, who will share his winning strategies on "Asset Protection for Real Estate Investors".
Bill will be speaking Thursday, February 23rd @ 1 pm. You can find out more at:
https://www.michiganreiconference.com/
https://www.shorttermrentalassoc.com/
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Jan 23, 2023
EP369 The Future of Apartment Operations: Understanding Rent Strikes, Parking Ratios, and Next Generation Amenities with Diane Batayeh
The rental world is constantly changing and as rental property owners we need to see five steps ahead in order to best manage our rental business.
Today we’re going to discuss several hot-button issues that you need to be aware of. We’ll discuss the transition to next-generation amenities like EV charging stations and smart appliances, and we’ll discuss how to effectively address and respond to calls for rent control and rent-strikes while balancing our business operations with empathy for struggling residents.
Here to have this conversation is Diane Batayeh. Diane is the CEO of Village Green, one of the largest national apartment companies in the country.
Diane has over 40 years of experience in property operations and management, and the perspective she shares today is invaluable in understanding the future of rental properties.
Find out more:
https://villagegreen.com/contact/
Today’s episode is brought to you by Green Property Management, managing everything from singl…
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Jan 19, 2023
Special RPOA Annual Conference & Expo Announcement
The Biggest Real Estate Investing Conference in Michigan is BACK!
Join us for a two day in-person event at DeVos Place in the heart of downtown Grand Rapids, Michigan on February 23rd & 24th at the 2023 Michigan Landlord & Real Estate Investor Annual Conference & Expo!
We’ll be bringing you a powerhouse of national speakers, 50+ exhibitors, breakout sessions, and numerous opportunities to network and make deals! Don’t miss this opportunity to learn strategies from nationally recognized experts and build massive wealth through real estate investing!
REGISTER NOW! https://www.michiganreiconference.com/register
And don't miss the Short-Term Rental Conference on Wednesday, February 22nd of 2023 at the DeVos Place in downtown Grand Rapids. Same place, same week, different conference. You can find out more by visiting https://www.shorttermrentalassoc.com/
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Jan 16, 2023
EP368 How He’s Revolutionizing Real Estate Ownership through web3, NFTs, and Fractional Ownership with David Woodbury
My guest today is using technology in a very cutting-edge way to fund and raise money for his real estate investments. Maybe you’ve heard of web3, NFTs and fractional ownership? Well today you’re going to find out what they are and how they could change real estate investing.
David Woodbury is a veteran of the U.S. Coast Guard, serial entrepreneur, and speaker on web3. He is the CEO of YAK DAO, a luxury camping brand offering fractional ownership through NFT memberships. YAK is revolutionizing the way individuals can own and engage with real estate assets while developing a global luxury camping brand that fractionalizes ownership of recreational properties through NFT memberships.
Find out more:
Website: https://yak.camp/
LinkedIn: David Woodbury
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michi…
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Jan 12, 2023
Special RPOA 2023 Annual Conference Announcement - Short & Mid-Term & Extended Stay Rentals
The Biggest Real Estate Investing Conference in Michigan is BACK!
Announcing the Michigan Landlord & Real Estate Investor Conference & Expo 2023 - at the Devos Place Conference Center in Grand Rapids, Michigan.
In today's special announcement we hear from one of our many nationally recognized speakers, Al Williamson, who will be presenting on several topics - including “Incorporating Mid Term Rentals (MTR) into Your Short-Term Rental Strategy” & "How to operate an extended stay rental to 3X your income without it taking all your free time or causing your neighbors to hate you”.
Al will be speaking throughout the day on Wednesday, February 22nd and Thursday, February 23rd @ 7pm. You can find out more at:
https://www.michiganreiconference.com/
https://www.shorttermrentalassoc.com/
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Jan 12, 2023
Special Short Term Rental Association First-Annual Conference Announcement
Our First Ever Short Term Rental Association Conference!
We have a special announcement today about the RPOA’s annual conference happening February 23rd & 24th, 2023 here in Grand Rapids Michigan.
This year we’ve decided to create even more value by adding a one-day Short-Term Rental Conference on Wednesday February 22nd. That way you can attend two conferences in 3 days!
Here to give you a preview of what you can expect from our first-annual short-term rental conference is Kathy Bartnick, RPOA staff liason for the short-term rental association.
The Short-term rental conference will be held Wednesday, February 22nd of 2023 at the Devos Place Convention Center in downtown Grand Rapids. You can find out more by going to https://www.shorttermrentalassoc.com/
And don’t forget that the Michigan Landlord & Real Estate Investor Conference & Expo 2023 – will be happening that Thursday & Friday, February 23rd & 24th. Same place, same week, different conference. And you can find out…
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Jan 9, 2023
EP367 Successful Investing Strategies this Tax Attorney Has Learned from Over 10,000 Clients with Toby Mathis
My guest today is a tax attorney who has worked with real estate clients for over twenty years, and in that time has come to recognize the choices and strategies that separate the successful investors from those who struggle.
Toby Mathis, Esq., is a founding partner of Anderson Business Advisors with tens of thousands of clients nationwide. Toby advances his clients’ interests by combining expert tax advice with his personal experiences investing in over 200 of his own real estate projects. He’s also an award-winning writer and his recent book was an Amazon #1 bestseller called “Infinity Investing: How the Rich Get Richer and How you Can Do the Same”.
Today, Toby shares the top three tax strategies his successful clients employ in real estate, along with the biggest mistakes he sees some of his clients making. We’ll talk about the one thing you can do to avoid being a target for the IRS, and you’ll learn what Infinity Investing is all about.
Find out more:
https://tobym…
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Jan 2, 2023
EP366 How He’s Travelling the World While Earning $25,000 per Month From His Real Estate Business With Brian Luebben
My guest today is only 27 years old but he’s already hit his financial freedom goals and recently booked a one-way flight to travel the world on the $25,000 per month his real estate business is generating.
Brian Leubben got his start house hacking 4-units for financial independence and hit his five-year goals in only six months. He’s also the host of “The Action Academy” podcast where he talks to entrepreneurs on how to earn freedom in life and business.
Today he’s going to share his secrets on how he’s been able to achieve his goals so quickly, the importance of coaching and mentorship in his life, and the top 3 ways the successful entrepreneurs he’s interviewed have achieved their dreams.
Find out more:
Instagram: @brianluebben
Podcast: Action Academy Podcast
Website: https://w2toworldtravel.com
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https:/…
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Dec 26, 2022
EP365 What Is Attainable Housing and What Are the Cutting-Edge Strategies We Must Use to Achieve It? with Chris Loeffler
We’re facing a real dilemma in this country with our lack of attainable housing, and it’s easy to understand a lot of the supply and demand reasons why this crisis exists.
But identifying solutions can be challenging.
My guest today is Chris Loeffler, the CEO of Caliber, an Arizona-based real estate investment firm and alternative asset manager, who is working to provide answers now.
We’re going to discuss how to confront skyrocketing costs and the lack of attainable housing in areas where the market is red hot. This conversation will cover the gamut from land leases and flex manufacturing, master-planned communities and the home-as-a-service model.
You’ll also learn about a fascinating 90-unit apartment community that Chris is developing using pre-manufactured steel units built by Zenni Homes. Chris also shares the cost-savings that can be achieved by employing flex-manufacturing.
You can find out more about Chris:
https://www.caliberco.com
https://zennihome.com
Today…
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Dec 19, 2022
EP364 Increasing Your Rental Income 3 to 4 Times by Providing Corporate Housing with Angela Healy
If you’ve been listening long enough to this show, then you’re already familiar with the concept of corporate and executive rental housing, in which the property owner provides furnished 30 day or longer stays to families and business travelers.
My guest today has taken corporate housing a step further and franchised the concept.
Angela Healy is the CEO and co-owner of AvenueWest, a national corporate housing provider, which was recently ranked as the 15th fastest growing real estate company in America by Inc. Magazine.
Today Angela defines what corporate housing is, the demand, and the profit potential from this lucrative niche. We’ll also go into detail on the franchise model, and how that can allow individual property owners get into this space.
You can find out more about Angela:
https://avenuewest.com
angela@avenuewest.com
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West M…
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Dec 12, 2022
EP363 Raising Capital from Your Network with Dave Dubeau
One of the greatest challenges real estate investors face as they scale their portfolio is raising capital. Specifically, raising equity from friends and family in order to get more and bigger deals done.
There’s a lot of pitfalls and a lot of mistakes that can be made when you first set out to raise money. That’s why you’re going to benefit from my conversation with today’s guest.
Dave Dubeau works with mom 'n' pop real estate investors to creating marketing plans that successfully raise capital. He’s the host of the new podcast “The How to Raise Capital 101 Show”.
Today Dave will share his early experiences and failures in attempting to raise funds from his network, and the steps he took to become much more successful. He’ll discuss building your investor list and how to communicate your opportunities through a simple and clear process.
You can find out more about Dave here:
https://www.raisecapital101show.com/
Podcast: “The How to Raise Capital 101 Show”…
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Dec 5, 2022
EP362 How She Made an 1,800% Return on an American Land Deal while Investing from Australia with Alicia Jarrett
My guest today has built a portfolio of fix and flips as well as land deals here in the United States, and she’s done it while living halfway around the world in Australia.
Today, Alicia Jarrett is going to tell us how anyone can run a real estate business fully remotely without ever seeing the properties themselves. She’s also going to highlight the differences between investing in Australia vs. the United States, as well as the lending challenges she’s faced as a non-citizen and the work-arounds she’s discovered to bypass the banks altogether.
We also discuss the marketing strategies she employs for acquisitions and dispositions, the 1,800% return she realized on her best deal, and her use of employee retention credits to offset her payroll costs.
Find out more:
alicia@superchargedoffers.com
https://superchargedoffers.com/
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Mic…
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Nov 28, 2022
EP361 How Small-Scale Development Can Create Large-Scale Solutions to Affordable Housing with Michele Williams
Today we’re going to discuss affordable housing and how to create more of it.
Over 10% of the U.S. population lives in poverty and struggles to afford necessities such as housing. Over the past decade our nation has not made any real progress in reducing the number of Americans at risk of homelessness. This has led to a dire need for solutions that increase availability of affordable housing options.
There is an opportunity for small business real estate investors, rehabbers, and wholesalers to use small-scale development to increase affordable housing while increasing their profits and helping their community.
My guest today is Michele Williams who advocates for small-scale development and is on a mission to impact all 3,100 counties in the U.S. through legislation and policies to increase our affordable housing stock by 2031.
Today Michele is going to share the solutions that she sees working all across the country. They include accessory dwelling units (ADUs), small houses, sh…
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Nov 21, 2022
EP360 How to 3X Your BRRRR Returns By Implementing a Co-Living Strategy with Brian Grimes
My guest today has a prestigious Ivy League education and high net worth asset management background with Bridgewater Advisors. But in 2015 he left all that behind to launch his own real estate development company in his hometown of Philadelphia. Since then, he’s renovated over 300 rental properties across the country using the BRRRR strategy.
Brian Grimes is also the founder of 24/7 Cash Flow University where he teaches students to full-gut renovate, acquire, and stabilize cash flowing rental property portfolios while revitalizing class C neighborhoods.
He’s also come up with a strategy that has 3X’d his cashflow and he’s going to share it with us today. It involves co-living, and Brian is going to get specific about what he does to his properties to make this a successful strategy.
You can find out more about Brian through the following links: https://www.facebook.com/247cashflowuniversity/
https://workwithgrimes.com/cashflow
https://www.linkedin.com/in/brian-grimes-cf…
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Nov 14, 2022
EP359 Looking Back on 25 Years of Leading the Rental Property Owners Association with Clay Powell
For almost 25 years, Clay Powell has provided a steady guiding hand as Director of the Rental Property Owners Association. He has led what was, in the beginning, a local mom and pop association to become a nationally recognized nonprofit organization. Under his direction the RPOA advocates for and helps landlords and real estate investors learn the best practices that will propel them to become successful.
Now, Clay has announced his retirement, which gives us the perfect opportunity to look back on the challenges and triumphs he’s experienced throughout his career with the RPOA.
Whether you have an RPOA or REIA in your area, you’ll benefit from hearing Clay describe the importance of these associations in helping investors work through local regulations and politics, while educating members on all types of issues and strategies. Clay also shares his personal recollections of the people and investors who have benefited from all the RPOA has to offer.
Today’s episode is brought…
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Nov 7, 2022
EP358 Zen and the Art of Being a Mindful Landlord with Terrie Schauer
For those of you who manage your own properties, it doesn’t take long to realize that you need to have a very determined and focused mindset to be successful in working with tenants and managing your properties.
Often it can be difficult to stay mindful of the whole process when it might seem like we’re constantly putting out fires and dealing with emergencies. How can we maintain a wholistic approach that will preserve our sanity and assure our success?
My guest today is Terrie Schauer, a leading authority on applying mindfulness principles to real estate investing. She’s also the author of the #1 bestselling book on the topic: “Mindful Landlord”.
Today Terrie shares how she’s applied mindfulness principles in her own investing and managing business to quell her monkey mind and lizard brain. Terrie will share examples of how she’s dealt with tense situations, including the current housing meltdown that many Canadians are currently experiencing.
You can find out more…
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Oct 31, 2022
EP357 How He Works Directly With Sellers to Come Up With Creative Deal Structure & Financing Strategies With Derek Dombeck
For the past 20 years my guest has been mastering negotiation techniques both on the phone and at the kitchen table. Creative deal structuring, including options, subject to purchases, lease options and seller financing are what excite him.
Derek Dombeck has been involved in thousands of transactions and has a knack for putting together creative deal structures and financing solutions that will help you think differently about the deals you might be working on. Now, or in the future.
Today, Derek takes us through multiple examples of the deals he’s structured and the conversations he’s had with sellers. You’ll learn why he avoids going through realtors, brokers and banks, and prefers to work directly with the seller and his own financial partners.
You can find out more about Derek through the following links:
https://bestreifunding.com/
https://gowvoyage.com/
https://www.reicot.com/
Email: derek@bestreifunding.com
Today’s episode is brought to you by Green Property Mana…
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Oct 24, 2022
EP356 Why This Finance Cowboy Ignored Dave Ramsay’s Advice About Real Estate Loans With JD Sustar
In the past three years, my guest today has acquired 22 rental properties including 13 single family homes, 7 mobile homes, and 2 short term rentals.
JD Sustar has also built his brand through social media as the Finance Cowboy and shares his knowledge to help others get their personal finances in order, invest in real estate and reach financial independence.
Today, JD discusses the influence Dave Ramsay had on him early on, and why he’s decided to go beyond Dave’s advice to take on smart debt to acquire real estate.
We’ll also discuss the evolution of his portfolio to include a mobile home park and vacation rentals, and how his family member inspired him to build his thought leadership as the Finance Cowboy.
You can find out more about JD through the following links:
instagram.com/financecowboy
financecowboy.com
http://subscribepage.io/19-point-checklist
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to ap…
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Oct 17, 2022
EP355 Starting Over in a New Market and Positioning Yourself for a Downturn With Sterling White
My friend Sterling White is back on the show today. Sterling is an expert at finding off-market multifamily deals and has shared some very funny and interesting stories on previous episodes (#163 & #258). He’s also acquired over 500 units and has controlled over $16 million in assets.
If you’re looking for fresh ideas on how to get started or level up your own real estate portfolio, you’ll definitely benefit from Sterling’s wisdom. Sterling is going to share his change of direction and his outlook on the current state of real estate investing.
Sterling will share why he recently moved to Houston and how he’s networking within the investing communities to form new relationships. We’ll also discuss his outlook on the market and why he’s selling off his last multifamily and when he expects to start buying again.
You can find out more about Sterling on:
sterlingwhiteofficial.com
LinkedIn
Facebook
Instagram
YouTube
Podcast
Today’s episode is brought to you by Green…
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Oct 10, 2022
EP354 Bold Predictions on How Supply-Chain Challenges Will Affect Real Estate Investing and Material Prices With Jeff Davis
If you’ve been paying attention to the news and the economy, then you know that one of the causes of our high inflation rate has to do with supply chain and global logistic challenges.
But what does the supply chain have to do with real estate investing, and should investors be more cautious?
My guest today is Jeff Davis who solves complex supply chain issues for clients all over the globe. He’s also the managing partner of Bridgestone Capital, a private equity firm that has partnered on over $100 million worth of multifamily investments.
Today Jeff is going to share his bold predictions on when material and construction costs will come back down to Earth, whether we’ll ever see pre-Covid prices, and whether interest rates really make a difference in real estate investing. Jeff will also share the one metric that he’s looking at that allows him to see the future of prices from six to nine months out.
You can find out more about Jeff:
https://www.bridgestoneinvest.com
Toda…
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Oct 3, 2022
EP353 How the BRRRR Method Has Helped Them Achieve Financial Freedom Through Real Estate Investing With Tiffany and Eric Vogel
My guests today are a husband and wife team who started investing in 2018 and have found financial freedom through buy-and-hold rental properties.
Now, Tiffany and Eric Vogel have released their first book called “The Pathfinder’s Journey: The Key to Your Dream Life Through Real Estate Investing” to encourage new investors to begin their own real estate journey to their dream life.
Tiffany and Eric will walk us through their process from the beginning… How they spent thousands of hours listening to podcasts, training, and going to seminars, how they found their first BRRRR project and the private money to acquire it, how they levelled up to a 3-unit, and how they eventually achieved financial freedom and were able to leave their W-2 jobs.
We’ll also discuss the different talents each of them brings to the table—Eric with his ability to take action and do a lot of the manual work, and Tiffany with her project management skills and emphasis on Gantt charts. You’ll also l…
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Sep 26, 2022
EP352 A Lawyer’s Guide to Finding, Funding And Managing Real Estate Investments With Brian Boyd
As you build your real estate investment portfolio, it’s essential to have the right type of attorneys to keep you out of trouble and help ensure success. Today we’re going to talk with a real estate tax attorney who is also a successful real estate investor.
Brian Boyd is the author of “Replace your Income: A Lawyer’s Guide to Finding, Funding, and Managing Real Estate Investments” and today he’s going to share his best advice on getting into real estate investing and why he believes now is a great time to be building your portfolio.
Brian shares how he first invested in a laundromat and sold that after a year to acquire his first vacation rental property. Over the past few years, he’s laddered his portfolio up to a six-figure income.
You’ll also get Brian’s advice on setting up the correct entity structure and how to maintain that entity without piercing the corporate veil. You’ll also learn the top mistakes Brian sees investors making, as well as his favorite…
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Sep 19, 2022
EP351 When Disaster Strikes, Who Should You Call Before You Call Your Insurance Agent? With Jack Hanks
Let’s say you own an apartment building and there’s a fire that destroys one of the units. Or maybe a tornado rips through your community and demolishes an entire building. What if there’s an earthquake and your entire property falls into a crevasse?
Extreme examples, I know. And isn’t insurance supposed to cover those costs anyway?
Yes, but that’s when your problems really begin. Working with an insurance company to cover the costs they’re supposed to can be a tricky business. That’s why you might consider hiring an insurance adjuster who can get you through the process smoothly.
Jack Hanks was awarded “Public Adjustor of the Year” for 2022, so he’s the perfect person to fill us in on what an adjuster is, why they’re necessary, and how you can benefit from their services.
We’re also going to discuss the mistakes Jack sees owners making when choosing their insurance, the difference between actual cash value and replacement value insurance, and why we all nee…
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Sep 12, 2022
EP350 How 6 Months to Live Turned Into 20 Years of Real Wealth and Financial Freedom with Rich Fettke
Twenty years ago, Rich Fettke learned he had cancer and that he only six months left to live. That news turned out to be wrong, but it changed his life for the better.
Since then, he’s gone on to create a company with his wife Kathy Fettke called RealWealth a real estate investment group that helps its 60,000+ members improve their financial intelligence, secure passive income, and obtain financial freedom.
He’s also competed in the ESPN X-Games, holds a record in bungee jumping, and has achieved his own financial freedom.
Now he’s released a new book under the Rich Dad Advisors Press with a foreword from Robert Kiyosaki himself. The book is called “The Wise Investor: A Modern Parable About Creating Financial Freedom and Living Your Best Life”.
Today Rich is going to share some of the lessons and parables from his book, and share some insight on how he was able to get Robert Kiysaki to write the forward.
If you’d like to find out more about Rich you can do so through t…
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Sep 5, 2022
EP349 Why He Bought Up 19 City Blocks in Downtown Jacksonville with Gregg Cohen
Over the past two years, today’s guest has acquired 19 city blocks in Jacksonville, Florida’s urban center with the goal of creating a thriving, walkable downtown.
Why? Because by helping make Jacksonville a place where people want to live and work, Gregg Cohen and his team at JWB Real Estate Capital hope to raise the median income city-wide. This benefits everyone who lives there, and in turn, helps his investors increase their return on investment.
Today we’re going to learn more about Gregg’s strategy of building neighborhoods, investing in the city he loves, and why he’s bucking the trend of buying across multiple markets. We’ll also discuss the dynamics that help create a successful downtown, such as the public-private partnership, tax incentives, and avoiding the NIMBY buzzsaw.
This is an excellent episode about placemaking and what it takes to create a thriving downtown community. You can find out more about Gregg through the following means:
JWB website: jwbre…
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Aug 29, 2022
EP348 What You Need to Know About Investing in Distressed Commercial Real Estate With Jake Harris
When I started investing in multifamily it was 2008 and every property was a distressed property. The period between 2008 and 2012 was definitely a buyer’s market and sellers were desperate to unload their non-performing properties.
As the market shifts once again it seems like we’re heading into some sort of recession. So, it’s a good opportunity to discuss the outlook on distressed commercial real estate and how you might find the best opportunities currently available.
Jake Harris is our guest today, and he is the author of “Catching Knives: A Guide to Investing in Distressed Commercial Real Estate”—which makes him the perfect person to have this conversation with.
Jake is going to share stories from the past 20 years in real estate investing—how he became a millionaire by 30, but then lost it all in the Great Recession. He’ll share the systems that he’s built to identify distressed properties, examples of recent acquisitions, and his outlook on the rest of 2022…
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Aug 25, 2022
RPOA Special Economic Update with Dr. Paul Isley
Are you wondering what the impact of current economic trends—including the red-hot (…but potentially cooling?) real estate market and soaring inflation—will have on your real estate investments? Then you'll want to hear GVSU Economics Professor Dr. Paul Isely’s mid-year real estate investment and rental economic update.
Paul provides a review of where our economy is now and shares his expertise on where things are likely headed in the coming months as well as in 2023 and beyond! His presentation is packed with incredibly relevant and invaluable information to help your real estate investing business succeed and you will not want to miss it!
Dr. Paul Isely is the Associate Dean and Economist for Undergraduate Programs in the Seidman College of Business at Grand Valley State University.
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Aug 22, 2022
EP347 An Argument for Developing and Building Multifamily with Roger Luri
Have we reached the point where it no longer makes sense to invest in older multifamily properties?
My guest today makes the argument that there is nothing passive about investing in older properties because they constantly need repairs and updates.
Instead, you should be considering new construction multifamily, and building as much as you can as fast as you can.
Roger Luri has been a real estate investor and developer for over 30 years, and he’s the author of the recent book “Don’t Buy Multi-Family: Build It!”. Today Roger and I discuss the compelling fundamentals behind new construction investments, and he shares examples from his previous developments in Chicago.
You can contact Roger through his website: https://www.ld2development.com
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-…
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Aug 15, 2022
EP346 Blockchain and Smart Real Estate Contracts with Megan Templeton
As digital technology advances and we see more and more automation and systematizing of every aspect of the real estate transaction process, it’s not too hard to imagine the disruption blockchain technology will introduce for real estate investors.
But what are we talking about when it comes to blockchain technology? What is it, who will it affect, when will it be a reality, and how can you take advantage of it as a real estate investor?
My guest today is here to help answer those questions. Megan Templeton is a real estate attorney with Royal Legal Solutions and the owner of Iron City Law out of Birmingham, Alabama.
You can find out more about Megan through her email and website:
megan@royallegalsolutions.com
https://royallegalsolutions.com/
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based…
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Aug 8, 2022
EP345 The Future of Senior Living with Isabelle Guarino-Smith
My guest today is one of the top experts and influencers in senior housing. During the pandemic senior housing took a real hit as facilities across the country were perceived as super-spreader locations. Has senior housing bounced back and what does the future hold in store for this asset class?
Isabelle Guarino-Smith is the COO of Residential Assisted Living Academy and is here today to discuss this fast-growing investment opportunity.
Isabelle talks about the compelling demographic shifts that are driving this this industry, the financial models and profit potential, along with the keys differentiators that help you find the best staff and keep them on your team.
You’ll also learn why the smaller home model held up so well during the pandemic.
I know you’re going to enjoy this conversation with Isabelle. You can find out more by going to her websites:
http://www.ral101.com
https://residentialassistedlivingacademy.com/
Today’s episode is brought to you by Green Property M…
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Aug 1, 2022
EP344 How to 15x Your Returns Through Luxury Short-Term Vacation Rentals With Rachel Gainsbrugh
My guest today was born in Haiti, raised in Miami, and educated to be a doctor. But when she was faced with over $500,000 in student loans, she figured out a way to not only invest in real estate but was able to multiply her profits by 15 times what a traditional rental would gross.
Dr. Rachel Gainsbrugh is a healthcare professional by day, and a rental investor by night. She’s the owner and manager of 18 luxury short-term rentals and was recently featured on a Netflix TV show showcasing one of her properties.
Rachel is going to breakdown what it takes to create a luxury vacation rental, from the type and size of the property to the types of amenities it must have. She also shares specific examples of her rentals that are leasing for over $20,000 per month. You’ll also find out the AI dynamic pricing tool that has driven her profits to new heights.
I know you’re going to love this conversation with Rachel. You can find out more about her and download her list of the “Top 75…
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Jul 25, 2022
EP343 Six Ways to Create Opportunity in Real Estate Investing with Ashton & Chris Levarek
My guests today know quite a bit about creating opportunity in real estate investing.
Chris and Ashton Levarek are brothers who started Valkere Investment Group to invest in multifamily real estate. Ashton is also a retired Air Force Special Warfare Pararescue jumper, a sniper and combat diver. Chris is a military veteran as well. Both are strong believers in leveraging expertise and professional experience to ensure mission success.
Today they’re going to share their formula for creating your own opportunity through action, confidence, competence, credibility, networking and opportunity.
You’ll also learn how Chris is the systems and operations guy, while Ashton is more front-facing and meeting with partners, brokers, and investors. They discuss how the book “Traction” has influenced their business, and how they plan to grow beyond the $90 million in assets they already have under management.
I know you’ll enjoy today’s conversation with Chris and Ashton. You can fin…
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Jul 18, 2022
EP342 How to Become a Nomadic Investor - Traveling the World While Investing in Real Estate with Michael Albaum
Many, if not most of us, have had to adjust to working remotely over the past two years. How many of us have been able to invest remotely as well?
My guest today, Michael Albaum, recently left his 9 to 5 job and has found his niche in long distance, value-add multifamily and triple-net lease investing. For months at a time he’ll either travel the world or travel the country in his van while investing remotely.
Michael is here today to talk about nomadic investing and the steps you need to take to be able to do this yourself. Michael will break down what you need to be a remote investor and some of the challenges he’s faced in managing his managers.
I know you’re going to enjoy this conversation with Michael. He has a lot of wisdom to share that will apply to all types of investors. You can find out more about him and get in contact through the following methods:
LinkedIn - https://www.linkedin.com/in/michael-albaum-297a8534/
Twitter - https://twitter.com/MichaelAlbaum
The R…
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Jul 11, 2022
EP341 Mobile Home Park Investing and an Engineer’s Unique Perspective on Success and Opportunity in This Space with Charlotte Dunford
Mobile home parks have become a very desirable asset class for investors.
My guest today currently owns 28 parks and has created over a half-million in asset value over the past year.
Charlotte Dunford is the managing partner of Johns Creek Capital, which has raised close to $5 million from investors. Charlotte is also a first-generation American citizen and college graduate who left her home country of China with just her belongings at the age of 16.
Today Charlotte explains how she’s employed her engineering background to analyze potential opportunities. We’ll also discuss why she focuses on smaller parks of 10 to 50 lots, how she adds value, and how moving to America at a young age helped shape her outlook on opportunity and success.
I know you’ll enjoy this conversation with Charlotte. You can find out more about her through her website and contact her through email:
https://www.johnscreekcapital.com
cdunford@johnscreekcapital.com
Today’s episode is brought to you by…
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Jul 4, 2022
EP340 Can You Build a Home in 3-5 Days? How Technology is Driving the Future of Home Construction with Garrett Moore
The way we build homes hasn’t changed in over a century. And with an unprecedented demand for new housing across the country, we can’t build fast enough.
My guest today has built a business that leverages technology to reverse the dire housing crisis by building custom homes in less than five days.
Garrett Moore is the Founder of Agorus—America’s first scalable offsite customized construction solution. As an ex-Navy SEAL, Garrett has taken the lessons learned in active duty to build a great company and revolutionize the way America is being built.
Today Garrett explains the dire lack of construction workers and why technology is the only solution to providing more housing. We’ll discuss and compare construction methods between a traditional stick-built home, and one built in a controlled factory. We’ll also talk about the quality of these homes, and the ancillary benefits of the Agorus method.
If you love learning how technology is revolutionizing the traditional ways o…
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Jun 27, 2022
EP339 RPOA Alternative Short-Term Rental Strategies Expert Panel with Robyn Thompson, Barb Bookout and Jeremy Garcia
Hello and welcome to the RPOA Alternative Strategies in Short-Term Rentals Expert Panel.
This is the panel that goes beyond your typical short-term vacation rentals and dives into alternative and lucrative strategies that you might want to consider.
And we are lucky to have an incredible panel this morning:
Robyn Thompson is nationally known as the Queen of Rehab, and is also an expert on vacation rentals. Robyn has a system that provides a premium experience in very specific locations and strategies that will help you get far ahead of your competition.
Barb Bookout has bypassed vacation rentals altogether, and has concentrated her business on 30-day or longer rentals right here in Grand Rapids.
Barb owns a commercial building in downtown Grand Rapids, and for the past seven years she’s been running it as a vacation rental. Four years ago she transitioned to 30-day or longer rentals and rents to visiting students and travelling medical professionals.
Jeremy Garcia is a Muskego…
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Jun 20, 2022
EP338 From a Three-Unit House Hack to Three Startup Businesses That Are Transforming a Neighborhood With Jon Frantz
My guest today is a local real estate investor and entrepreneur. Jon Frantz is not only an expert in business finance and development, capital raising, property management and operations, he’s also transforming the Alger Heights neighborhood with several businesses, including Top to Bottom Cleaning Group, Urban Jonny’s Salon, and the new and exciting SIP Coffee & Cocktails.
Jon shares his early sales experience with Cutco Knives and the importance of that training. He also talks about his first house-hacked 3-unit, and how he had to sell his car in order to buy it.
We also dig into the differences between investing in real estate and starting a business, the importance of partnership, and the biggest mistakes he sees new entrepreneurs make.
I know you’re going to enjoy this conversation with Jon. You can find out more about him through his websites:
https://www.frantzconstellations.com
https://www.jacompanies.com
Today’s episode is brought to you by Green Property Managem…
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Jun 13, 2022
EP337 A Warning for Traditional Property Management and the New Way of Attracting Tenants and Increasing Your Net Operating Income with Daniel Mishin
I’m always fascinated at how technology and innovation can disrupt the traditional way of doing business—especially in the rental property and real estate investing space.
Today’s guest started a proptech company whose mission is to challenge outdated practices to improve the rental experience for tenants and small mom-and-pop landlords.
As a serial entrepreneur in the real estate space, Daniel Mishin founded June Homes to create a substantially better experience for thousands of tenants across NYC, D.C., San Francisco, Los Angeles, Philadelphia and Boston. Daniel also secured over $50 million in funding from venture capital and angel investors.
Today Daniel delivers a very important warning about the future of traditional property management methods. Tenants are looking for flexibility in the way they rent, the duration of their lease, and the amenities that are offered. Daniel is going to tell you how to future-proof your rental business and why your website is already outda…
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Jun 6, 2022
EP336 Discover Your Entrepreneur DNA to Become a More Successful Real Estate Investor with Caroline Yuki
I’m a strong believer that to be a successful real estate investor you also have to embrace your entrepreneur DNA. My guest today understands that belief and has built a career teaching others how to discover their own entrepreneur DNA.
Caroline Yuki has built manufacturing plants worth up to $150 million globally, she’s a real estate syndicator and investor with over 600 properties, and she’s going to share some ways that we can all become bold millionaires by becoming better entrepreneurs.
Today Caroline is going to share the components of Joe Abraham's entrepreneurial DNA and help you understand where you fit in. Are you a builder, opportunist, specialist, innovator, or a combination? Caroline shares some great examples from her own investing, including how she innovated to sell land at double per acre than what the comps suggested.
I know you’ll enjoy today’s conversation with Caroline. You can find out more about her through her websites:
https://boldmillionaire.com/…
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May 30, 2022
EP335 Investing in Residential Assisted Living Facilities with Chuck Bongiovanni
In 2020, the U.S. assisted living facility market was valued at $83 billion, and that value is expected to increase substantially over the next decade.
My guest today has a mission to revolutionize the assisted living industry by making it available for any individual to invest.
Chuck Bongiovanni is the CEO and co-founder of Majestic Residences Franchise System with a trademarked turnkey operation that generates $5,000 per resident per month.
Today Chuck is going to explain how investors and caretakers can set up six to sixteen bed residential assisted living facilities in residential neighborhoods. We’ll talk about the income and expenses to anticipate, how to staff them, and technology his group is using to provide maximum comfort to the residents. We’ll also discuss the difference in mindset between an investor in this space and a caretaker, and how the two can work together to make these facilities happen.
Most people aren’t aware of these types of facilities, yet they’…
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May 23, 2022
EP334 Rehabbing in Detroit, Selling His Trucks, and Starting a New Business, with Ramond Harris II, Justin Workman, Patrick Spitzley & Stephen Benedict at the RPOA Annual Conference
It’s been 109 episodes and 2 years of a pandemic, but we’re finally able to catch up with our friend Ramond Harris II. You may remember Ramond as the Detroit flipper, wholesaler and rehabber who shared his story in episodes #168 and #225 while we brainstormed ways for him to fix his broken business model and get rid of three trucks that were costing him over $25,000 per year in debt payments.
This episode was recorded at the RPOA’s 2022 annual conference in Grand Rapids where we were able to reunite with Justin Workman, Patrick Spitzley, and Stephen Benedict for an exciting mastermind session. We were all impressed to learn about the profitable new turn Ramond’s business has taken, and how he’s barged into a new business and found success by disrupting old models and outdated agreements.
For those of you who remember Ramond from past episodes, I know you’ll be incredibly impressed by his progress and newly acquired confidence. You can contact Ramond through email at ramon…
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May 16, 2022
EP333 Level One Due Diligence for Buy & Hold and Vacation Rental Investment Property with Masrur Huq
My guest today loves short-term rentals and a few years ago he set out to create a platform to bring the tools of industry giants to the normal investor.
Masrur Huq is the founder of Dynamic.RE, a prop-tech solution that leverages big data to help real estate investors increase their profitability and run their rentals and Airbnbs.
Today we’re going to discuss level one due diligence and how to determine a property's highest and best use. Masrur will show us the process he goes through to determine rental and pricing comps, while aggregating data from AirDNA and other sources to pinpoint the highest profit margins.
Being successful in real estate investing often involves finding solutions that others haven’t thought of or discovered. What I love about today’s interview is that Masrur not only came up with a solution, he’s managed to put it into a software format that anyone can use.
You can find out more about Masrur through his website: https://www.dynamic.re
Today’s ep…
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May 9, 2022
EP332 Conducting Psychological Due Diligence to Find the Hidden Story in Multifamily Investing with Sam Liebman
Even in these challenging economic times, multifamily real estate continues to perform exceptionally well. Hypergrowth in this investment market has led to intense competition for available properties.
But instead of getting caught up in the frenzy and making a reckless purchase that could sink you, it’s critical to carry out an on the ground inquiry. Take the time to find out what’s really behind the seller’s motivation to sell, use street knowledge to discover whether it’s a sound investment, and think outside of the box about where to find hidden value.
Those are the big ideas motivating my guest today. Sam Liebman is founder and CEO of WealthWay Equity Group a New York-based private equity and real estate development company. He has owned substantial interests in multifamily communities, office buildings and shopping centers, to the ground up construction of a luxury 21-story condominium development in Manhattan. His new book is Harvard Can’t Teach What You Learn from t…
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May 2, 2022
EP331 Why Billionaires like Bill Gates are Investing in Farmland with Brandon Silveira
One of the truths we rely on as residential real estate investors is that everyone needs a place to live. A similar, yet even more powerful truth can be claimed about the investing strategy that we’ll be discussing today. That truth is that everyone needs to eat. Where does the food we eat come from? Farms of course!
So what are the opportunities and strategies we should know to successfully invest in farmland?
My guest today, Brandon Silveira, is a fourth-generation farmer and CEO of FarmFundr, a crowdfunding portal giving investors access to fractional ownership in high-profit potential farmland. Brandon is going to share the compelling reasons to invest in farmland and the potential profits you can make.
According to Brandon, we’ll need to double our farming output to meet the world’s demand for food in the coming decades. There’s a reason why billionaires like Bill Gates are investing in farmland, and Brandon is going to share how you can join them.
You can contact Bran…
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Apr 25, 2022
EP330 Special RPOA Expert Panel on Performing and Non-Performing Notes with Donna Bauer and Gene Chandler
This note buying panel discussion was recorded during RPOA's 2022 conference. We were joined by two incredible experts who helped us understand the difference between performing and non-performing notes, the challenges of investing in notes, and specific examples of wins & losses. After the discussion, we opened up the floor for Q&A from the audience.
I’d like to introduce our experts…
Donna Bauer
Donna Bauer is a trainer and coach who has done every type of real estate transaction: buying, selling, leasing—everything having to do with real property. She’s also done every type of note deal whether it be performing, non-performing, seller-financed or anything in-between, and she will tell you that hands-down she prefers paper over property any day of the week.
Gene Chandler
Gene has 48 years of real estate investing experience and is the asset manager for Chandler & Chandler Financial, which specializes in buying one-off and large and small pools of distressed assets direct…
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Apr 18, 2022
EP329 Eliminating the Fear of Getting Started in Real Estate and Building Your Brand with Former Professional Basketball Player Art Morrison III
My guest today is a former professional basketball player who has taken his passion and persistence from the basketball court to the real estate world.
Art Morrison III is the CEO of United Home Relief and the author of “Overcome: The Key to Unlocking Your Superhuman”. He and his team have completed over $6 million in transactions across 15 properties in only three years. He now seeks to teach young adults how to get into the REI game and expedite their path to financial freedom through syndication.
Today, Art is going to share his trajectory from professional basketball player, to part-time real estate investing, to becoming a professional business owner with a team that helps him excel in the real estate world.
I know you’re going to benefit from the wisdom and inspiration that Art has to share. You’ll especially appreciate his tips on branding yourself and your business with a logo, website, and dedicated email address.
You can find out more about Art through his differe…
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Apr 11, 2022
EP328 Finding Deals by Marketing Directly to the Seller with Justin Silverio
We all know that it’s a competitive real estate market right now, and that there seems to be a lot more buyers than there are deals. One of the best ways to find opportunities is to market directly to the seller and bypass the brokers and other buyers altogether.
This is also one of the least understood strategies, and today we’re going to dig in a little deeper with my guest, Justin Silverio.
Justin is the owner of JS2 Homes, Open Letter Marketing, and Invelo. Through his companies, Justin provides thousands of real estate investors a more effective direct-to-seller marketing approach, and educates on best practices around pull lists, marketing campaigns, lead tracking and full analytics.
Today Justin is going to share the different methods of direct marketing, the response rate you can expect, the difference between marketing to residential or commercial sellers, and the processes and automations he’s created to increase his success rate.
I know you’re going to enjoy this…
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Apr 4, 2022
EP327 Creating a Unique Vacation Rental Experience by Building Cabins with Alex Jarbo
My guest today has a vacation rental strategy that is quite unique. Instead of buying or converting residential property into vacation rentals, he prefers to build cabins.
Alex Jarbo is a short-term rental developer and manager. He’s also a military veteran and the founder and CEO of Sargon Investments with a goal of building 650 cabins in the next three years. He’s also the host of the popular YouTube channel “Alex Builds” where he teaches the ins and outs of short-term development and management.
Today, Alex shares how he got into vacation rentals by putting his own apartment unit on Airbnb and sleeping in a car for three months so that he could afford to build his first cabin. We’ll discuss the unique experience that cabins offer, as well as the amenities Alex likes to offer. I’ll also obsess over the cleanliness and logistics of offering a hot tub.
If you’re interested in offering unique vacation rental experiences or want to understand the compelling financial rea…
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Mar 28, 2022
EP326 Backstage Guide To Real Estate with Apartment Investor and Tony Award Winner Matt Picheny
My good friend Matt Picheny is back on the show today. You may remember Matt as a successful syndicator of multifamily apartments and Broadway shows such as Hamilton and Moulin Rouge.
Matt just released a new book that he wrote called “Backstage Guide To Real Estate” which follows Matt’s journey from buying a starter home to flipping houses to apartment syndications. The book has already made its way to number one on Amazon.
Today, Matt will share stories from the book and draw interesting correlations from his acting and Broadway theater investing career to the process of investing in real estate.
You’ll also learn about Matt’s keystone concepts on the importance of cashflow, due diligence, and why you shouldn’t trade time for money.
I always enjoy my conversations with Matt and I know you will to. You can go to https://picheny.com to find out more and download the new book. You can also find “Backstage Guide To Real Estate” wherever books are sold.
Today’s epis…
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Mar 21, 2022
EP325 Vacation Rental Trends, Marketing Tips and Best Practices with Marcus Rader
Today we’re going to have a conversation about vacation rentals. What does the data tell us about their growth and viability in the coming years, what are the trends in the industry, and where should you be looking to invest here in the U.S.?
And here to have that conversation with us is Marcus Rader, CEO and founder of Hostaway, the all-in-one vacation rental management software.
Today, Marcus is going to share his incredible insight into the types of vacation rentals that are most in demand, what states and areas are in the top 10, keywords that drive traffic and increase bookings, and constraints and regulations that might impact the supply of vacation rentals in the future.
If you own or are thinking of owning vacation rentals, this is a MUST LISTEN episode. Marcus shares so much gold that will help you increase your profits. You can contact Marcus through LinkedIn, or go to www.hostaway.com.
Today’s episode is brought to you by Green Property Management, now offering a $25…
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Mar 14, 2022
EP324 Eleven Millionaire Secrets You Never Learned in School with Billion Dollar Skyscraper Developer Ken Van Liew
My friend Ken Van Liew is back on the show today, and you may remember Ken as the developer of New York skyscrapers valued over $1.3 billion.
Ken has extensive experience in every aspect of real estate investing, he’s an author, educator, engineer and one of Manhattan’s most successful real estate experts.
When he was last on the show Ken shared lessons from his new book, The Modern Wealth Building Formula. And today, we’re going to learn the 11 millionaire secrets they don’t teach you in school. I guarantee that many of these will be new to you. Some of them might even make you millions of dollars.
Ken also shares his perspective on the real estate market in 2022—what he’s concerned about and where he sees opportunity. You’ll learn about his North Carolina full-service city/neighborhood development, and the global real estate enterprise group he created to merge ecosystems and accelerate growth.
Ken is a fascinating person with incredible value to share. You can find…
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Mar 7, 2022
EP323 Digital Advertising and Marketing Analytics for Your Vacation Rentals and Co-Housing Real Estate with Michael Tich
If you want to learn more about how best to digitally market your vacation rental or co-housing property, you’re going to love today’s conversation with Michael Tich. Mike used to work for Airbnb where he led their marketing and data science teams with a budget of $50 to $100 million in annual digital marketing expenses.
Mike is the co-founder of LiveHomeRoom.com and helps people remotely invest in real estate. Mike is going to share best practices for driving traffic to your rentals, including professional photos, stellar reviews, and location metrics.
Mike will also share some of his inside knowledge from working at Airbnb, as well as his use of Facebook to market his co-housing properties. You’ll learn how LiveHomeRoom.com is using data and digital marketing to attract new investors and scale their co-housing model into new markets.
You can contact Mike through LinkedIn or https://livehomeroom.com/invest.
Today’s episode is brought to you by Green Property Management, no…
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Feb 28, 2022
EP322 How He Left College to Invest in Multifamily and Acquired 350 Units in 2 Years with Brad Simtob
My guest today left college to invest in apartments when he was 19 years old, and he’s built a portfolio of 350 multifamily units with a team of 25 employees in the Lansing and West Michigan area.
And here’s the kicker—he’s only 20 years old!
Brad Simtob is the managing partner at Simtob Management & Investment. Today, Brad is going to talk us through his first 11-unit apartment building and the steps he took to get to 350 units so quickly. We’ll also discuss the systems Brad created for property management and maintenance, and how he managed to build a team of 25 employees during the pandemic when many people were leaving their jobs.
Brad also shares his appreciation for providing homes to economically disadvantaged residents, and why he likes working with section 8 tenants. You’ll also learn how Brad convinced his parents to let him drop out of college, and the model he’s built to scale into new markets.
I know you’re going to love this conversation with Brad. You…
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Feb 21, 2022
EP321 Commercial Loans - How to Prepare For and Acquire the Best Terms with John Matheson
Today we’re going to discuss the commercial loan process and how you can best present yourself and your transaction to a commercial lender in the most impactful and successful way.
Over the past 30 years John Matheson has been developing, permitting, and/or financing completed projects totaling over $50 million, primarily focusing on multifamily, mixed-use, and storage real estate.
John is the managing member of J. Healy Development, a company that focuses on eco-friendly and sustainable commercial development to lesson a property’s footprint while increasing it’s value. John is also the CEO of Leverage, a finance software designed to help business owners and property investors pre-qualify their commercial loan before speaking with a lender.
Today, John is going to share his favorite source of commercial loans and the three things all lenders look at first when evaluating your project or investment. We’ll also discuss the importance of NOI, cap rate, and DSCR, and what those…
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Feb 17, 2022
Special RPOA Annual Conference Announcement - Anthony Chara
2022 Michigan Landlord & Real Estate Investor Conference & Expo
ANTHONY CHARA
Increase Your Wealth Exponentially with Multifamily Properties
Friday, February 25th at 3:20pm
Click here to register: https://bit.ly/reiconference22
Why buy 1 when you can buy 10 or 20 or even 50? Learn the how’s and why’s of buying and investing in apartments and multi-family properties with Anthony Chara. Anthony will let you in on the secrets of why buying and investing in apartments and multi-family units can be a big money maker in today’s market. Learn how you can increase your net worth and build a successful portfolio with this informative course.
About: Anthony is a seasoned real estate investor with over 20 years of experience. He has owned or managed several successful multi-million dollar companies during the last 20+ years, and owns and/or has syndicated approximately 1,600 apartment units around the country. He has also mentored several thousand aspiring real estate investors…
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Feb 15, 2022
Special Annual RPOA Conference Announcement - Robyn Thompson
2022 Michigan Landlord & Real Estate Investor Conference & Expo
ROBYN THOMPSON
Rehabbing Houses Creates Big Paydays | Thursday, February 24th at 3:30pm
AND
Building Massive Wealth with Vacation Rentals | Thursday, February 24th at 7:00pm
Click here to register: https://bit.ly/reiconference22
Robyn Thompson, “The Queen of Rehab”, has integrated her highly successful rehab program into a new buy and hold investment strategy—providing more flexibility for rehabbing for flips or for holds. Robyn will teach you how to map out all of the hurdles, pitfalls and paydays when renovating for profits and building passive wealth!
In her second presentation, she'll also teach you how to analyze vacation rental markets, convert your rentals to vacation rentals, optimize your vacation rental listings and more!
About: Robyn Thompson has renovated and sold over 390 properties. She is the nation’s leading expert on buying, renovating and selling homes for huge chunks of cash and has tau…
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Feb 14, 2022
EP320 Utilizing Real Estate Specific Virtual Assistants to Scale Your Business with Max Fisch
My guest today is a wholesaler and flipper who has figured out a system that allows him to complete up to 35 wholesale transactions a year with an average deal size of $500,000 each.
Max Fisch has completed hundreds of real estate transactions using virtual assistants. He’s been able to scale his business without overburdening himself or his team. And today’s he’s going to share how he utilizes these VAs, and why it’s so important to use industry-specific VAs to scale your business and achieve incredible results.
Max is going help us understand the systems he’s set up to interview, onboard, and train his virtual assistants, why he prefers a global team as opposed to originating from a single country, and the thought process you must go through to determine if hiring a VA is for you.
I know you’re going to enjoy today’s conversation. You can find out more about Max and his companies through Facebook, Instagram, the web and email:
https://www.realestateprojectsolutions.…
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Feb 10, 2022
Special RPOA Annual Conference Announcement - THIS MONTH!
Clay Powell, the Director of the RPOA, is here to get us pumped up for The Largest Landlord & Real Estate Investor Conference in Michigan!
Join us for a two day in-person event at DeVos Place in the heart of downtown Grand Rapids, Michigan on February 24th and 25th, 2022 at the 2022 Michigan Landlord & Real Estate Investor Annual Conference & Expo! We’ll be bringing you a powerhouse of six tried and true crowd favorite national speakers, 30+ vendors, breakout sessions, and numerous opportunities to network and make deals! Don’t miss this opportunity to learn strategies from nationally recognized experts and build massive wealth through real estate investing!
FREE admission for current RPOA members. Only $10 per person for non-members—this covers admission for both days!
Go to www.rpoaonline.org to find out more and get registered!
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Feb 7, 2022
EP319 Scaling a Multifamily Rental Portfolio to $60 Million, Syndication, and Raising Private Money with Confidence with Liz Faircloth
Today’s guest has learned many lessons while scaling her rental portfolio to $60 million dollars. She’s also going to talk about syndication and raising private money with confidence.
Liz Faircloth co-founded the DeRosa Group in 2005 with her husband, and controls $60 million in residential and commercial assets up and down the east coast. Her mission is to “transform lives through real estate.”
Along with previous guest Andresa Guidelli, Liz is the co-founder and CEO of The Real Estate InvestHER community, co-host of The Real Estate InvestHER Show, and co-author of “The Only Women in the Room, Knowledge and Inspiration from 20 Women Real Estate Investors”.
Today we’re going to discuss Liz’s early beginnings as a real estate investor, flipper, and rehabber, and what led to her realization that multifamily investing was the best focus of her time and energy. We’ll also discuss the systems she uses for communicating with multiple investors and the decision process th…
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Feb 3, 2022
Special RPOA Annual Conference Announcement - Nick Sidoti
2022 Michigan Landlord & Real Estate Investor Conference & Expo
NICK SIDOTI
Three Times the Market Rent With Special Needs Housing
Thursday, February 24th at 10:10am
Click here to register: https://bit.ly/reiconference22
Nick Sidoti will teach you the secrets to turning your rentals into tremendous cash flow generators and triple your rental income with special needs housing. You will learn how to market your rentals to special populations—college students, veterans, government agencies, and others—as well as which tenants to choose that will make you very wealthy...these customers will pay you BIG bucks (2 or 3 times more than market rent) for a little extra convenience. NO, this is not Section 8 and YES, you will be blown away by the increase in profit!
About: Nick Sidoti, aka Dr. Cash Flow, has been investing in real estate for 30+ years. He specializes in residential rental properties—single family homes, special needs housing, and multi-family dwellings. He also buys,…
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Jan 31, 2022
EP318 How to Be Successfully Unemployed Through Real Estate Investing with Dustin Heiner
According to current economic reports, the Covid-19 pandemic has led to a record number of people leaving their W-2 jobs and many of them don’t plan on coming back.
Where are these people going?
And how do they plan on paying their bills?
According to my guest today, many of them should be looking to build a successful real estate investing business so they can retire early.
Dustin Heiner quit his job when he was 37 years old by investing full-time in real estate. He’s the founder of Master Passive Income and host of the Successfully Unemployed Podcast. He also wrote the book “How to Quit Your Job with Rental Properties.”
Today we’re going to discuss how it’s possible to achieve financial independence without a W-2 job. Dustin is going to tell us how he managed to do that through buy and hold real estate in areas where you can still buy homes for under $100,000.
You’ll learn why it’s important to build your business first, before you ever call a realtor, and what…
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Jan 27, 2022
Special Annual RPOA Conference Announcement - Tony Youngs
2022 Michigan Landlord & Real Estate Investor Conference & Expo
TONY YOUNGS
The "Hidden Market"
Thursday, February 24th at 1:10pm
Click here to register: https://bit.ly/reiconference22
One of the toughest nuts to crack when getting into real estate is finding a property to buy! Finding distressed properties and owners is one of the best ways to make deals happen. Tony has mastered the art of tracking and acquiring properties in every stage of the foreclosure process from pre-foreclosure to REO. He has been perfects own unique system, strategies, and techniques for acquiring foreclosure and hidden market properties and can teach you how you can do it too!
About: Tony Youngs has been involved in more than a thousand successful real estate transactions and negotiates with approximately 480 distressed property owners per year. Tony has been a featured guest on countless radio, and television programs and has trained over nine thousand students to become successful real estate invest…
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Jan 24, 2022
EP317 How to Scale up to an 8-Figure Portfolio Using Government Programs, Credit Cards, and Creative Appraisals with Jhanel Wilson
My guest today is a full time chemical engineer turned real estate investor. Jhanel Wilson is also the Founder and CEO of The Savvy REI, and today she’s going to share her 18 years of hard lessons and personal strategies in building an 8-figure portfolio using government programs and credit cards.
Today, Jhanel takes us through investing in her first property, and how she realized that the profit she could make from the guaranteed Section 8 income was a real game-changer. Jhanel walks us through the pro’s and con’s of working with Section 8 and Veterans Affairs Supportive Housing (VASH). We’re also going to discuss what it means to be a defensive investor and how to make your portfolio recession and pandemic-proof.
You’ll also learn how Jhanel uses creative financing techniques with zero-interest credit cards, hard money, and niche appraisals. Jhanel shares some painful and profitable stories of five triplexes she bought at auction, as well as the upside profit she anticipa…
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Jan 17, 2022
EP316 The Sophisticated Value Chain for Sourcing, Asset Managing, and Liquidating Multifamily and Apartment Assets with Omar Khan
My guest today has over 10 years of global investing experience and is the founder of Boardwalk Wealth with over 1,100 units under management and over 2,000 units bought and sold.
Omar Khan is responsible for capital raising, strategic planning, and investor relations while focusing on acquiring value-add multifamily and apartments across the southeast.
Today, Omar is going to share his high-level perspective on the three phases of apartment investing: sourcing deals, asset management, and liquidation events.
You’ll learn how Omar talks the right "language" with brokers and uses specific phrasing to indicate that he’s someone who can follow through on an acquisition.
You’ll also learn the systems he has in place to provide benchmarks and goals for his teams to add value to his investments. And you’ll learn several key differentiators Omar uses when it comes to profiting from a cash-out refinance or sale.
You’re definitely going to benefit from the sophisticated strategie…
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Jan 10, 2022
EP315 How She Leveraged Her Time, Skill Set, and Funding to Grow Her Portfolio From Rehabs & Flips to Multifamily Rentals with Andresa Guidelli
My guest today is a skilled developer and asset manager with extensive experience in full gut renovation projects, new construction, and commercial development. She owns a rental portfolio comprised of long- and short-term rentals and is the go-to person when it comes to implementing processes that allow for scalability.
Andresa Guidelli is the co-founder and CEO of The Real Estate InvestHER community, co-host of The Real Estate InvestHER Show, and co-author of “The Only Women in the Room: Knowledge and Inspiration from 20 Women Real Estate Investors”.
Today Andresa shares her early sales experience and how the techniques she learned help seed her entry into real estate investing and her first 15 rehab projects. You’ll learn how she leverages her time, skill set, and funding in order to grow her portfolio to include larger multifamily and apartments.
Andressa also shares what its like to be a woman real estate investor and the misperceptions she’s had to confront. She’ll s…
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Jan 3, 2022
EP314 Why You Must Have a Personal Financial Statement and Schedule of Real Estate Owned with Paul Winterowd
There are two very important tools that a successful real estate investor must have to grow their portfolio, borrow money from lenders, and keep track of their financial situation.
I’m talking about your personal financial statement and schedule of real estate owned. Both offer a three-dimensional picture of your assets and liabilities, as well as the real estate and investments you own and the cashflow you can expect from them.
I was looking to improve the format of my PFS and SREO recently and came across one that I absolutely love. It was created by my guest today, Paul Winterowd.
Paul is an expert debt provider with Bonneville Multifamily Capital who has real world experience investing in multifamily assets. He’s achieved MBA and CCIM status and helps clients’ returns by sourcing the best debt-financing for their long and short-term investing objectives.
Today Paul is going to explain the purpose of a PFS and SREO and the important details lenders are looking for when the…
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Dec 27, 2021
EP313 Can the Short Sale Process Help You Acquire Profitable Properties? With Nicole Espinosa
Today we’re going to talk about short sales. This is a technique that’s used to work with a lender to get them to allow the sale of a property for less than the balance owed. Successfully negotiating a short sale can provide a lot of upside value for investors, but it also takes knowledge and skill.
Nicole Espinosa is known as The Short Sale Queen. She has closed thousands of short sale transactions successfully and continues to process hundreds a month for clients nationwide. She’s also the best-selling author of “Short Sales Uncensored” and is the leading short sale expert based out of Dallas, Texas.
Today Nicole is going to take us through the short sale process from A to Z. We’ll discuss why a borrower would consider selling their home on a short sale, and the conversation Nicole’s team might have to convince them this is the best option. We’ll talk about the banks and how to determine if you’ve connected with the right person who can help keep the process movin…
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Dec 20, 2021
EP312 The Do’s and Don’ts of a Successful Rehab Project with Van Sturgeon
One of the biggest challenges both new and seasoned investors encounter in rental property investing is completing a successful rehab project. There are many ways a project can go wrong and blow your budget.
My guest today is going to talk us through the do’s and don’ts of a successful rehab and share tips on how to save money on renovations.
Van Sturgeon is an experienced entrepreneur, developer, general contractor, and rehabber who owns over 1,000 properties across North America. He’s passionate about helping homeowners and investors overcome their fears of house renovations and he loves to help people reach their goals.
Today, Van is going to share the improvements he makes that have the highest return on investment, how to find and negotiate with trusted contractors, and why you need to have a payment schedule and a plan in place before you begin. Van will also take us through a recent rehab project on a multifamily property where he invested $15,000 per door in improvemen…
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Dec 13, 2021
EP311 What He Learned as an Elite Army Ranger That Propelled His Wholesaling Business to Six-Figures While Maintaining a W-2 Job With Dan Austin
My guest today is implementing the skills he learned in the Army as a member of the elite 75th Ranger Regiment to scale his wholesaling business to 6 figures while maintaining his W-2 job.
Dan Austin is the owner of INW Properties, a completely virtual company primarily focused on the acquisition of small multi-family and single-family homes. They wholesale, flip, and BRRRR their own deals and currently hold a portfolio of 25 doors.
Today, Dan and I discuss what it means to be ‘elite’ and push for the best outcome in business. Dan talks about several pivotal actions he took to find success in real estate investing—from the decisive conversation he had with a co-worker that led to his first two student housing rentals, to the decision he and his partner made to start their own business and find training and mentorship to ensure its success.
You’ll also learn how Dan built a virtual company, who he has on his team, and the incentivization structure that led to more deal flow.…
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Dec 6, 2021
EP310 Understanding and Accessing Private Lending and Capital Markets with Ruben Izgelov
My guest today has over a decade of experience in the real estate industry acquiring, flipping, developing, and financing over $350 million in real estate.
After using private money to finance his own deals, Ruben Izgelov saw the innovation desperately needed in the private lending space and decided to spearhead it by co-founding We Lend, LLC, a private lending platform.
Today we’re going to discuss private lending, how it works, and why you might consider it for acquiring your own deals. You’ll also learn more about Capital Markets and Secondary Markets and their appetite for purchasing private loans. Ruben also discusses why being a private lender is more lucrative than being in the fix & flip business, and hear many examples of the types of loans We Lend has produced.
I know you’re going to learn a lot about lending and the private money world from this conversation with Ruben. You can find out more about Ruben and We Lend, LLC on any social media platform @WeLendLLC, or we…
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Nov 29, 2021
EP309 How the “Profit First” System will help you Improve Your Real Estate Finances and Increase Your Efficiency with David Richter
My guest today has closed over 850 deals over the past 7 years. He’s tried many different strategies, and noticed something very strange while he was in the process of building a real estate business that was doing 25 deals a month. What he realized was that the money he was making was not the money that was ending up in his pocket. Instead, that money was going right back out the door, with very little cashflow or profit to show for all his efforts.
Now I’m sure many of us have found ourselves in the same situation. David Richter saw this as an opportunity to help businesses see where their money really goes. He’s since helped real estate companies completely turn around, from going out of business to building real cash reserves by using a method called the “Profit First Cash Flow System”.
David’s goal is to completely transform the Real Estate Industry when it comes to how real estate investors view their finances. Today David is going to help us achieve true financial…
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Nov 22, 2021
EP308 She was a Successful Financial Advisor until she went to a Robert Kiyosaki Seminar that introduced her to Real Estate Investing and Changed Everything - with Edna Keep
My guest today has a very unconventional background and unique path to success. She started as a single mom at the age of 16 living in subsidized housing. Somewhere along the way she became a real estate investor and now controls a $65 Million Real Estate Portfolio built with “Other People’s Money”.
Edna Keep also left a lucrative career as a financial advisor to invest full time in long-term, buy & hold, rental apartment buildings. She’s also a successful author, teacher, and real estate investment expert.
Today Edna is going to discuss her early training with Robert Kiyosaki, the importance of having the right coach, why she refuses to live ‘within her means’, and her transition from investing in single family homes and condos to value-add multifamily.
Edna also goes into detail on when & how to ask for seller financing, and why that can be beneficial to the seller as well.
I know you’re going to enjoy this conversation with Edna. You can find out more about her thr…
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Nov 15, 2021
EP307 How They Built Lean, Mean, Sales Systems to Close Hundreds of Wholesale and Rehab Deals with Tiffany and Josh High
Tiffany and Josh High are self-made real estate entrepreneurs based in Columbus, Ohio. They’ve built a business acquiring and transforming residential real estate properties into high performing assets or flips and have closed hundreds of wholesales and rehab deals. They’ve also built an active rental portfolio and coach real estate entrepreneurs on their systems of success.
Today Tiffany and Josh are going to discuss how they scale their business by delegating tasks, lowering lead costs and overhead, all while increasing their bottom-line profits.
You’ll learn how they onboard, manage and lead a lean mean sales team to produce millions in revenue, what led them to quit six-figure jobs, how it took six months and a loss of $100,000 before they made their first profit, and how Tiffany partnered with a Virtual Assistant company in Pakistan that allows investors to quickly streamline and copy her systems.
Tiffany also shares a story from the lowest point of their investing career…
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Nov 8, 2021
EP306 Three Disruptive Trends that will Drive Real Estate in the Coming Decade, with Neal Bawa
We have some incredibly powerful information to share with you today on disruptive forces and trends that will be dramatically altering the course of real estate investing for the next ten years, and I’m so excited to have Neal Bawa back on the show to share it with us.
For those of you who don’t know Neal, he is considered the Mad Scientist of Multifamily, and I’ve been following Neal and his companies Grocapitus and Multifamily University for years because he takes data science, statistics, and technological advancements and in an amazing and exciting way forecasts trends that very few investors are paying attention to.
So prepare yourself for a fascinating conversation, because Neal is going to take us through several disruptive trends that are going to change the way people live and invest. We’ll be discussing Hybrid Work and how we’ve only seen the tip of the iceberg in people working from home and companies allowing them to do so.
You’ll also learn about Tokenizati…
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Nov 1, 2021
EP305 Buying and Selling Vacant Land and the Mindset Shifts that Lead to 10X profits with Brent Bowers
My guest today is an investor and coach with a focus on buying and selling vacant land.
Brent Bowers has over 8 years of service in the Army and he’s the owner of The Land Sharks, a real estate investment company that helps people generate passive income through vacant land.
Today we’re going to take a close look at this asset class to determine how you, too, can profit. Brent will take us through his first land acquisition for $285 that he wholesaled for $5,000. We’ll discuss how he sources the deals, how he profits, and how he finds investors to partner with him.
Brent also discusses the mindset shifts that have helped him 10X his profit and are propelling him to seek out more rejection while going after larger land acquisitions. Brent also shares the incredible opportunity that all veterans have access to – using VA loans to acquire real estate.
I know you’re going to enjoy this conversation with Brent. You can find out more about him through his websites:
https://www…
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Oct 30, 2021
Halloween Rebroadcast: EP252 What Happened after 2 A.M. in this Haunted House? with Reverend Gerald Hunter
Spend the Night with me in a Haunted House!
Welcome to Part 2 of our Halloween Series on Haunted Houses, Apparitions, Paranormal Experiences, and the Roommates who don’t pay rent & can’t be evicted.
In part one (episode #251) you were introduced to a retired reverend who has been experiencing paranormal activity and communicating with the dead since his near-death experience at the age of 5. You also met several of his paranormal research assistants and heard their stories as well.
Today, we’re going to take you on a ghost hunting adventure to a haunted house in the historic district of Bay City Michigan. You'll find out the strange reasons we were brought there in the first place, how the homeowner was almost pushed off a ladder by a ghost, and what happened that night after 2 A.M. that is so strange, and so hard to explain, that I can't wait to share it with you.
If you're experiencing paranormal activity in your home, rental property, or place of business, you can contact…
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Oct 28, 2021
Halloween Rebroadcast: EP251 Haunted Houses, Paranormal Activity, and the Roommates Who Don't Pay Rent and Can't Be Evicted with Reverend Gerald Hunter
Welcome to our Special Halloween Edition with hair-raising stories about Haunted Houses, Apparitions, Paranormal Experiences, and the Roommates Who Don't Pay Rent, and Can't Be Evicted. We did something similar 3 years ago on EP#94 and it was one of my favorite all-time episodes. Today we go even deeper into paranormal phenomenon and I know you're going to love this incredibly thrilling episode!
I recorded so many great stories that I had to break them up into two episodes: In Part One you'll meet a group of Paranormal Researchers and the Retired Reverend who has brought them together. In Part 2 you'll get to accompany me to a Real-Life Haunted House in Bay City Michigan.
I want to warn you that some of these stories will frighten you, and some may even terrify you. If you're easily scared or prone to nightmares, then this is not the episode for you. Aside from the sound effects I've added in, everything you're about to hear is the actual professed experiences of the people involved.…
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Oct 25, 2021
EP304 How She’s Achieved a Life By Design through Niche Strategies like “Build-to-Rent” and “Supported Living”, with Jennifer Beadles
My guest today is passionate about helping families build wealth and passive income streams through real estate investing and living a life by design.
Jennifer Beadles is an investor and investment-focused real estate broker specializing in value-add properties. She owns just under 250 units across five different states. With 14 years of experience in the real estate industry, Jennifer has many investing strategies, including the BRRR method, value-add multifamily, build-to-rent, supported living, private lending, and investing out-of-state
Today Jennifer goes into detail on two of those strategies and shares how they’ve allowed her and her husband to travel several months a year while maintaining passive cash flow. First, we discuss Supported Living and why it can be more lucrative than market rate housing, while actually reducing the amount of management and expenses you’d typically find in traditional rental properties.
We’ll also discuss Jennifer’s “Build-to-Rent” st…
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Oct 18, 2021
EP303 Navigating Difficult Properties and Challenging Real Estate Markets while Investing in Working Class Communities with Yusef Alexander
Today we’re going to talk with an investor who got his start right out of college investing in challenging properties in difficult neighborhoods. He lost time and money on his first several deals, but kept on going to become a successful long-term investor.
Yusef Alexander is a Real Estate Industry Thought Leader with more than 27 years of working-class, real estate industry experience. He serves as VP & Chief business Development Officer at Real Estate Asset Partners and is involved in acquisitions, property management, leasing operations, and sales and marketing.
Today Yusef shares his real estate investing trajectory, from his early days in Los Angeles investing in marginalized neighborhoods, to Arizona, Chicago, and the Southern States where he’s been investing in apartment communities. We’ll discuss how he enters a new market and creates ‘on-the-ground momentum’. We’ll also talk about the emotional aspect of investing and it’s up’s & down’s, as well as the phil…
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Oct 11, 2021
EP302 Development Strategies for Affordable Housing and Market-Rate Luxury Condos with Nick Earls & Eric DiNicola
Today we’re going to take a look at the Affordable Housing Crisis in the U.S. and how this will become increasingly important to renters and rental property owners in the coming years. Construction and labor costs have risen to a point where current prices and rents may not justify the expense of building new supply, yet the demand for housing is growing and creating a lack of affordable housing for many people.
My guests today have positioned themselves to be part of the solution. Nick Earls and Eric DiNicola are full-time real estate investors, developers, and founders of Winterspring Capital, a private equity firm based out of Boston, MA.
Nick and Eric have over $100 Million in past and current assets under their belts and focus on several types of multifamily investment and development strategies. Currently they have both an affordable housing development in progress, as well as a $25 Million market-rate 32-unit luxury condo development in Boston.
We’ll also discuss the impo…
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Oct 4, 2021
EP301 Investing in Fun: Hotels, Campgrounds, Amusement Parks and Chicken Wings with Jeff Gebhart
We’re going to talk about some fun alternative asset classes today that will expand your thinking about what really constitutes rental property.
My guest today started his career in sports medicine and spent four summers with the Buffalo Bills as an athletic trainer. It didn’t take him long to realize that he loved business and wanted to become an entrepreneur.
Jeff Gebhart started flipping single family rentals and then pivoted to buying commercial properties in West Michigan. His company FNG Properties currently owns roughly $3 Million in Michigan real estate and is a limited partner in over $25 Million in multifamily nationally.
And here’s the fun part… Jeff is also an executive for Silver Lake Management Company, which operates four Craig’s Cruisers, Silver Lake Chicken Shack, Jellystone Campground, Dunes Express Hotel, and the new Billy Bones Best Ever Wings in Grandville, Michigan. Jeff is also a partner in Locked 460 Escape Rooms and the bass player for the locally…
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Sep 27, 2021
EP300 Special 300th Episode! Their Journey to Passive Income - From Flipping and Rehabbing to Multifamily and Airbnb Rentals with Jeremy and Melanie Garcia.
Hello and welcome to episode #300! This is a big number for us here on the Rental Property Owner and Real Estate Investor Show, and I want to thank all of you for being such an incredible and receptive audience.
To celebrate, I thought we’d invite back two early guests, so we can check in with them to see how their investing has progressed over the years, and how joining professional organizations like the RPOA have catapulted their investing strategies into new and more lucrative asset classes.
When we first talked with Jeremy and Melanie Garcia on episode #125, they were just getting started through house-hacking, flipping, and rehabbing in Muskegon, Michigan. That was three years ago, and they now have bought and sold over 65 properties, quit their full-time jobs, and entered into the Airbnb space.
Today we’re going to discuss the lessons they’ve learned in scaling their flipping business, why they’ve only worked with hard-money lenders, the aggressive paydown strategies…
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Sep 20, 2021
EP299 What You Need to Know about Generation Z Rental Trends and Coliving Housing with Johnny Wolff
Today we’re going to talk about one of my favorite topics – demographics. Specifically, how Generation Z is going to amplify the trends that millennials have already established, such as delaying marriage and living with their friends into their 30’s.
It pays to understand these trends and the disruption they create in the traditional rental housing market. Concepts such as Shared Housing and Coliving are being monetized by savvy investors who see this as a lasting and lucrative trend.
My guest today is one of those investors. Johnny Wolff has roots in Silicon Valley and is the CEO and Founder of HomeRoom Coliving, which is one of the fastest growing coliving companies in the United States.
Today Johnny is going to compare and contrast the Millenial and Gen Z demographics and explain the minimum and maximum technology and services they expect to encounter when renting. Johnny will share the app he uses to create 3D tours, floor plans and dimensions of his properties, and the w…
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Sep 13, 2021
EP298 How His Painful Real Estate Experiences Boosted His Street Smart Success, with Roger Becker
My guest today is a successful entrepreneur and real estate investor who hosts the excellent podcast called “Street Smart Success”.
Roger Becker is also a great guy and is not afraid to share the ups & downs of the deals he’s done, which include single family, commercial properties, and a rent-controlled multifamily in San Francisco.
Today Roger goes where very few investors care to travel --- he’ll be sharing some of the more painful investments he made and the lessons he learned from them. He’ll discuss the duplex he house hacked and how he was barely able to pay the mortgage each month. We’ll also talk about the 100% loss he experienced on a commercial office and retail property when he partnered with someone that seemed to know what they were doing but didn’t.
Roger will also go into detail on the 5-unit Rent Controlled Multifamily he acquired in San Francisco, and why he had to sell it when he realized that the tenants would never move out and allow him to increas…
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Sep 6, 2021
EP297 Security Deposit Insurance: Is this an option you should offer your residents? With Paarag Sarva
Across the United States, Security Deposits tie up over $45 Billion dollars a year in non-interest-bearing accounts, and neither the landlord or the renter benefits from these funds while they’re just sitting there. The security deposit is meant to protect the landlord from any damages caused by the renter, but often when it comes to serious damage the landlord will have to take the tenant to court to get paid and often does not recoup the time, money and effort that this process requires.
There is an alternative to security deposits that some states are just beginning to recognize as legal. The concept of Security Deposit Insurance has been gaining momentum over the past several years, and my guest today is going to explain how it works to the landlord and renter’s benefit.
Paraag Sarva is the co-founder of Rhino, the leading security deposit insurance provider in the U.S. and he’s spent 10 years as a landlord in the New York metro area with over 250 units.
Today we’re goin…
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Aug 30, 2021
EP296 What is a Commercial Real Estate Waterfall and what are the Key Terms you need to Know to Structure your Deals, with Paul Moore
In order to understand how to structure an investment opportunity for your potential investors, you need to be clear on how the cash flow and profit will be distributed. This is called a Waterfall, and there always seems to be quite a bit of confusion as to what that actually means and how to convey it.
My friend Paul Moore recently wrote an in-depth article on Commercial Real Estate Waterfalls and I immediately contacted him to see if he’d share this valuable information with our listeners.
You may have heard Paul previously on this show talking about both apartment investing and self-storage. He is the Founder and Managing Partner of Wellings Capital and has completed over 85 real estate investments and exits.
Today Paul discusses the meaning of Preferred Return, Cash-On-Cash Return, Cumulative Return, and Internal Rate of Return v.s. Annualized Return. We discuss different deal structures and whether or not the sponsor/General Partner should receive a ‘Catch-up’. These are…
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Aug 23, 2021
EP295 He Won Emmys, Worked with The Foo Fighters, Retired, and now Invests in Commercial Real Estate - with Joe DiSanto
My guest today believes that the Best Time to Buy Real Estate was 20 Years ago, but the next best time is NOW.
Joe DiSanto built a multi-million-dollar post-production company, produced critically acclaimed films and Emmy-winning TV show, all while investing millions of dollars in real estate. Joe semi-retired at the age of 43, and now he’s sharing his lifetime of fiscal know-how through his company Play Louder, which helps people increase their net worth and strategize their plan for the future.
Today Joe shares the process he went through to acquire and build out two separate commercial office conversion projects for his company’s use. He utilized an SBA loan that he acquired through Lehman Brothers just before they collapsed at the start of the Great Recession. He also talks about the General Contractor challenges he had on his second property and the huge cost overruns that he had to mitigate himself.
Along the way we’ll discuss hydraulic car stackers that helped him add 4…
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Aug 16, 2021
EP294 Five Must-Know Steps to Renovating a Multifamily Apartment Property with Ken Gee
One of the most lucrative ways to invest in real estate is to find an underperforming, tired multifamily property and bring it back to life through better management, renovations, and capital improvements. I’ve done this myself many times and have added exponential value to the property and investment.
My guest today is going to share with us the five most important steps you must follow when renovating a multifamily apartment property. He’s also going to tell you what to look for in an investment sponsor if you’d prefer to invest passively in these types of opportunities.
Ken Gee is the founder and managing partner of KRI Partners and the KRI group of companies. He has over 24 years of real estate, banking, private equity transaction, and principal investing experience. He’s also been involved with transactions valued at over $2 Billion dollars.
Today Ken’s going to take us through the five most important steps his team takes when acquiring and improving a multifamily apa…
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Aug 9, 2021
EP293 Prescribing Real Estate to Doctors and other High-Net Worth Passive Investors with Masaki Oishi
If you’re in the business of syndication and raising money from high-net worth investors, it’s good to know where to find your ideal investor. One of the worst-kept secrets is that doctors and dentists fall into this category, and you need to know how best to approach them with your opportunities.
My guest today is a Neurosurgeon out of Houston, Texas who just released a book called “Prescribing Real Estate: A Doctor’s Guide to Commercial Real Estate”
Masaki Oishi is a Medical Doctor, and Ph.D and the founder of MarketSpace Capital who specializes in introducing medical professionals to the commercial real estate investment world.
Today, Masaki is going to help us understand the mindset of a busy medical professional and how he applies transparency and data to get them excited about his opportunities. We’ll also discuss the types of commercial assets he acquires and the typical returns he targets.
You can contact Masaki through www.marketspacecapital.com or social media…
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Aug 2, 2021
EP292 Investing in Real Estate Internationally with Lauren Cohen
Is the United States the best place to invest in Real Estate? What if you want to find opportunities in other countries? Is that even possible?
What about investors from other countries who want to invest in the United States? What are their options?
My guest today helps her clients overcome obstacles and navigate businesses and investments across borders so that they can invest, live, work and play – anywhere.
Lauren Cohen is also a serial entrepreneur, International Lawyer, Realtor, and Cross-Border Expert. Today she’s going to illuminate the process and considerations you must be aware of when investing across borders. We’ll discuss some of the popular countries where many of her clients are investing, and the tax and entity considerations international investors should familiarize themselves with. Lauren makes it clear that it is worth investing in an attorney, CPA, and advisors who can help you make the right decisions that won’t come back to haunt you later on.
You ca…
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Jul 26, 2021
EP291 How to Talk with High-Net Worth Investors to Educate Them on Your Investment Opportunities with Ketan Patel
When my guest today first moved to the United States, he did not yet know how to speak English. When he received his degree in Pharmacy, he ended up leaving a secure job to become an entrepreneur. And when he began building his Multi-Million Dollar Rental Portfolio, he started with only $8 Thousand Dollars.
Since then, Ketan Patel has raised over $10 Million for multifamily syndication, grown a senior care business by a factor of three in just two years, and is a successful High-Performance Coach who helps motivated real estate entrepreneurs create more income and impact by aligning their thoughts, emotions and actions.
Today Ketan and I Role-Play the conversations he might typically have with a high-net worth but overworked Doctor. You’ll see first-hand the persuasion and influence techniques Ketan employs to educate me on the concept of real estate investing, the risk-reward of real estate, building rapport, and getting to the close. You’ll also learn the key questions Ketan as…
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Jul 19, 2021
EP290 How Vertical Integration in His Real Estate Business Helped him Create a $15M Portfolio with Cory Nemoto
My guest today started at the bottom during the Great Recession by knocking doors to find leads for his fix & flip business. Fast-forward to today and he controls and manages over $15 Million in real estate and is the co-owner & founder of KECO Capital based in Honolulu, Hawaii.
Cory Nemoto specializes in deal sourcing and valuations, acquisitions, financing, investor relations, and project management. Today we’re going to discuss his fix & flip investing, entrepreneurship, and how to be comfortable about being uncomfortable.
Cory is going to take us through his vertically integrated business structure where he has a team to find acquisition opportunities, fund them, rehab them, and either sell or manage them. Cory will take us through the in’s and out’s of financing and private lending and explain the purpose of a ‘Dutch’ loan.
Cory’s passion for real estate and entrepreneurism is very evident in this conversation and I know you’re going to enjoy what he has to share.…
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Jul 12, 2021
EP289 Can Your Financial Advisor Help You Achieve Financial Freedom? With Chris Miles
Have you ever tried talking to your financial advisor about investing in Real Estate? What did they have to say? Did they bring up the risks and performance compared to investing in stocks, mutual funds, and bonds, or did they encourage you to invest in real estate and build passive income?
If you’re talking with a traditional mainstream financial advisor, it's more likely that they steered you away from real estate into a mutual fund or stock portfolio.
My guest today believes that traditional mainstream financial advice is BROKEN! And he should know, because he used to be a financial advisor and stock coach.
Chris Miles is now a Cash Flow Expert for Real Estate Investors and Anti-Financial Advisor. He uses his company Money Ripples to expose the popular myths around money that have kept so many real estate investors from enjoying financial freedom and peace of mind.
Today Chris and I discuss why your financial advisor is likely forbidden from endorsing investing in real estate,…
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Jul 5, 2021
EP288 Mastering Influence and Persuasion Techniques for Real Estate Success with Todd Toback
The mastery of Influence and Persuasion can be a powerful tool in negotiating with buyers and sellers. Today we’re going to discuss techniques that will help you achieve that mastery.
My guest today has 19 years of experience acquiring real estate below market value. He’s flipped over 1,000 Single and Multifamily Residences and has extensive experience in lease negotiation.
Todd Toback is also the creator of the “No Limits Sales System” which focuses on acquiring property directly from sellers while learning the mindset, skills, and habits to make it happen. His expertise is in teaching others the art of talking to motivated sellers in order to double and quadruple their profits by making a few small tweaks.
And through his coaching program “Next Level Wholesaling” he teaches solopreneurs how to build highly effective teams to create long-term wealth with less expenditure of their time.
Today we discuss Todd’s favorite and most effective techniques he applies in deter…
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Jun 28, 2021
EP287 Artificial Intelligence, Key Performance Indicators, and the Future of Property Management with JC Castillo
I’ve been looking forward to our conversation with today’s guest because he’s one of the smartest people I know in the Multifamily and Property Management space.
JC Castillo has taken what he learned during his time in Silicon Valley and the semiconductor industry, and he’s applied that tech and data experience to his current business Multifamily Property Group which has grown to $80 Million in assets under management. He just rolled out his new property management company called Velo Residential. JC also hosts the excellent show called the “Operate For Profit Podcast”
Today we’re going to discuss the future of investment real estate and the emphasis property management is going to have on generating profits. JC is going to describe how he’s using Artificial Intelligence to keep his units full, and Virtual Team Members to handle much of the back-end office work. We’ll also dig into the importance of Key Performance Indexes and how they can show you the health of you…
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Jun 21, 2021
EP286 Generating Your Retirement Income Through Real Estate Investing with Eric Martel
Today we’re going to talk about the future of retirement and how real estate is an often overlooked vehicle for securing your financial future. Increasingly, pensions are being converted to 401(k)s which is shifting the retirement risk to employees. This has caused today’s guest to reconsider traditional beliefs about retirement savings.
Eric Martel lost a fortune during the dot-com crash of 2001 and started looking for alternative ways to earn passive income. He started various businesses including a gourmet sauce company, but eventually came back to his first love, real estate, which led him to form Martel Turnkey. After four years of rapid success, he was able to retire from his W2 job. Eric is also the author of the recent book called “Stop Trading Your Time For Money”.
Today we discuss Eric’s beginnings as a real estate investor when he purchased an apartment building at the age of 18. He quickly burned out on investing though because he was handling all of the propert…
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Jun 14, 2021
EP285 What you Need to Know about the Rental Eviction Prevention Program with Gustavo Perez
Today we’re going to get hyper-local and discuss the eviction protection program here in Kent County. No matter where you live and own rental property, there are programs like this all over the country that are helping residents who are struggling to pay their rents during the pandemic, as well as landlords who need to collect that rent in order to make sure their bills are being paid.
Gustavo Perez is the CERA Program Manager at United Way. CERA stands for Covid Emergency Rental Assistance Program and its receiving millions from the Government that need to be deployed right away to help renters and landlords.
Gustavo is going to help us understand this program and how our residents can gain access, the criteria for receiving the money, and how many months it will cover. We’ll also discuss some of the hesitancy that landlords have in accepting this agreement as well as the benefits from working with this program.
If you’re in Kent County, Michigan you can access this program b…
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Jun 7, 2021
EP284 Mobile Home Park Investing Update with Brian Spear
Mobile Home Park Investing has been a hot asset class over the past five years, and we’ve certainly talked about it on this show. But what kind of opportunities are really available to investors right now, and how has the increased competition from institutional buyers and effects of the pandemic affected the opportunities in this space?
My guest today is here to give us an update on the state of Mobile Home Park Investing. Brian Spear is a founder of Sunrise Capital Investors which specializes in acquiring deals in off-market, direct-to-owner transactions. He’s also the co-host of the Mobile Home Park Investing podcast.
Today Brian is going to share with us the trajectory that led him to investing in real estate, and the systems and tools he’s using to not only build a world-class mobile home park portfolio, but to manage it as well. You’ll learn the meaning of “Prep-ortunity”, and how Brian moved across the country to work with his mentor Kevin Bupp for free. We’ll al…
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May 31, 2021
EP283 Master Lease Options, Seller Financing, and other Creative Cash Techniques with Bill Ham
One of the reasons people never pull the trigger to invest in real estate is that they believe they won’t qualify for a loan. But what if there were a way to acquire property without ever stepping into a bank or passing a credit check?
Today’s guest bought his first 400 units using techniques that allowed him to sidestep the banks and work directly with the seller. He now has over $100 Million in assets under management and he’s sharing his secrets with us today.
Bill Ham is the author of “Creative Cash: The Complete Guide to Master Lease Options and Seller Financing for Investing in Real Estate”. Today, Bill is going to explain the Master Lease Option process and how he’s employed it in his investing to yield enormous profits. Bill will share his “SPY” process, which puts the Seller first, Property second, and then takes into account how You will Profit.
Bill also shares his outlook on the market and the looming distress he expects in certain sectors that will make…
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May 24, 2021
EP282 How to Become Financially Free by Holding Forever with Jonathan Barr
My guest today believes that Holding Forever is the best way to become Financially Free.
Jonathan Barr grew up in a real estate family and started investing after the Great Recession. He’s completed Higher-End Single Family Flips, Ground Up Developments, and Multi-Family Repositions with his brother through their company JB2 Investments.
Today we’re also going to talk about Fix & Flipping V.S. Multi-Family and Jonathan’s investment strategy that has generated over 22 Million in profits with an average yearly return of 38%. We’re also going to discuss the tax ramifications of both strategies, including cost segregation reports, depreciation, and the “Real Estate Professional” status.
Jonathan will also share details on the townhome development project he initiated in Los Angeles, and how it’s taken over five years to break ground. We’ll discuss the 1031 exchange he completed by selling a Los Angeles duplex in order to buy a 14-Unit in Kansas City, and another recent 1…
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May 17, 2021
EP281 Increase Your Rent Income by 3 to 5% with this Overlooked Tenant Amenity, with Jim Monk from CLOZZITS
My guest today has developed a program that is designed to increase rents by 3 to 5% without costing you a huge capital investment. He accomplishes this by optimizing your rental space.
Jim Monk is the President of CLOZZITS and believes space optimization is a game-changer for existing properties as well as new construction. Creating more space for residents is a bigger issue that most owners think, and Jim is here to tell us why.
Today we’re going to discuss the value proposition of maximizing your closet space, what potential residents look for when assessing unit storage, the types of systems that work best, the preferred lighting for your space, and the ways our “do-it-yourself” listeners can maximize space on their own. We’ll also discuss the costs and ROI generated by installing these systems, as well as the tax benefits and strategies to pay for them.
Talking about closet space may not seem like the sexiest topic, but I guarantee you’ll find what Jim has to say eye…
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May 10, 2021
EP280 Exit Planning, Adjusting Your Expectations in a Hot Market, and The 48-Unit that Everyone Told Her Not to Buy, with Allison Koetsier
What I admire about today’s guest is that she is extremely strategic in her approach to real estate investing, fearless in the type of projects she takes on, and creative in the way she structures her deals and works with her clients.
Allison Koetsier is also a Top-Selling and Award-Winning Multi-Family broker with Compass Realty Services and a previous guest on this show. Today we discuss why it's important to have a clear investment strategy & goal, the biggest mistake she sees first-time investors make, and why you need to build a great team. We also discuss Exit Strategy and taking a holistic view of your portfolio to position it for your heirs and Legacy Wealth.
Allison also goes into detail on a 48-unit in Southern Michigan that everyone told her not to buy, and why she did it anyway and made an Infinite Return. We’ll discuss why she was able to make such great returns in a tertiary market by spending $10,000 a door in improvements, and the factors that convinced her this w…
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May 3, 2021
EP279 Adaptive Reuse of Permanently Closed Hotels to Workforce Housing Apartments with Richard Rubin
When you look at all of the disruption, vacancies, and permanent closures in the office, hospitality, and retail space, it’s clear that we need to start thinking differently about Adaptive Reuse of these buildings. And since one of the greatest needs we have in this country is for middle-income housing, I believe we’re going to see a lot more conversion projects designed to expand our middle-income housing inventory.
Recently I saw an article in Costar News about a permanently closed Ramada Inn located in Sheffield, Alabama that was being converted into apartments for middle income workers. I thought this would be a great topic to discuss on the show, so I contacted the developer, Richard Rubin with Los Angeles-based firm Repvblik (pronounced “Republic”), and he agreed to a conversation.
Originally from South Africa, Richard brings a unique and creative perspective to obsolete and vacant buildings, as well as solutions for increasing inventory of workforce housing. Today he…
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Apr 26, 2021
EP278 The Five Roads To Victory in Real Estate with Joe Evangelisti
My guest today is a second-generation builder who jumped into Fix and Flips after serving in the U.S. Navy “Seabees” battalion. Since then, he has amassed a real estate empire consisting of single family homes, Multi-family apartment buildings and Self-Storage.
Joe Evangelisti is also a High-Performance Coach for real estate investors and entrepreneurs and serves as the Visionary and CEO to three separate 7 and 8 figure companies. Today we’re going to talk about what it means to become a high performance real estate investor and learn the Five Roads to Victory that Joe teaches his clients and team members.
Joe is going to break down for us, step-by-step, how he left the time consuming and anxiety producing lifestyle that had him Fix & Flipping hundreds of properties a year while also selling real estate. He was able to transition to a much more manageable and profitable lifestyle that allows him to control multiple teams at a higher level.
I know you’re going to enjoy this c…
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Apr 19, 2021
EP277 Sophisticated Strategies for Deferring Your Real Estate Profits with Brandon Bruckman
We’ve talked about 1031 exchanges on this show before, and today we’re going to go into more detail on how real estate investors can use this and other tools to legally defer taxes on profits.
Brandon Bruckman is an Advisor with Insight Real Estate Partners which helps real estate investors, farmers and business owners sell and reinvest their profits, while legally avoiding taxes through 1031 exchanges, Delaware Statutory Trust, Tenant-In-Common, Opportunity Zone Funds, Triple Net Lease and private real estate deals for passive investors.
Brandon is also an RPOA member and teaches our course on 1031 Exchanges.
If you’re considering selling an investment property or business you definitely want to listen to Brandon’s breakdown of your options. We’ll discuss the reasons why you might consider a DST, TIC, OZ, NNN, and why they might not work for your situation. Brandon also explains how Insight Real Estate Partners can hold your hand through the process and give you options y…
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Apr 12, 2021
EP276 The Math They Should Be Teaching in School and Non-Performing Notes with The Canadian Note Guy Nathan Turner
My guest today is known to the world as “the Canadian Note Guy”. After running several businesses including Fix & Flip Real Estate, he discovered notes in 2009 and has since become an industry leader in the private investment sector.
His company is Earnest Inc, where he actively manages assets with a focus on non-performing 1st lien mortgages and contract for deeds in the U.S.
Nathan’s specialties include raising private capital, analyzing assets, and developing systems and strategies to accommodate an ever-changing market. He’s successfully bought and sold hundreds of loans and properties.
Today Nathan is going to introduce us to the note investing world, explain the differences between a qualifying mortgage, contract for deed, and land contract, and walk us through the math on how to analyze the returns on a note and the data points an investor must know to be successful.
Nathan also shares some great stories of his successes and challenges, including a buckling basement…
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Apr 5, 2021
EP275 Teaming Up to Rehab and Restore Downtown Duplexes with Mark Roys and Katie Lovley
When you are beginning down the real estate investing path, one of the first things you have to decide is whether you’re going to go it alone or bring in a partner. Today we’re going to talk with two talented investors who decided to combine their strengths in order to encounter the ups and downs of rental rehab together.
Mark Roys is a retired Navy Civil Engineer Corps officer who served 20 years in over a dozen locations around the world, he’s also been involved in commercial construction and software development.
Katie Lovley is a Real Estate Professional with Bradley Company specializing in Commercial Real Estate and Residential Rentals.
Together Mark and Katie have created WSB Properties right here in Grand Rapids Michigan where they purchased their first dilapidated 2-unit in 2018 and have since developed a portfolio of rental units using creative financing and a lot of sweat equity.
Today Mark and Katie are going to share the story on how they decided to team up, the l…
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Mar 29, 2021
EP274 Syndicating "Hamilton" and other Broadway Shows with Matt Picheny
One of the greatest pleasures I’ve had over the past 10 months while staying home to avoid Coronavirus, is watching the Broadway Hit Hamilton over & over on Disney Plus with my 11-year old daughter. But until I met today’s guest, I didn’t realize that Hamilton and other Broadway plays are often syndicated just like apartments and other real estate investments.
That’s why I’ve really been looking forward to talking with Matt Picheny today. Matt is the Managing Partner at MJP Property Group, has invested in over 6,000 apartment units, and is primarily focused on acquiring and repositioning multifamily communities.
Matt is also a marketing veteran whose 20-year New York City career spanned several of the world’s largest advertising agencies. Matt and his wife are also Tony-nominated producers whose theatrical investments have included Hamilton and an international tour of Wicked. They are currently co-Producers of the Broadway shows Moulin Rouge! And American Utopia.
Today…
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Mar 22, 2021
EP273 Goal Setting and Mindset Shifting to Achieve 110% with Master Syndicator Whitney Sewell
When my guest today sets out to accomplish something, he doesn’t just do it halfway. He goes the full 110%. In 2005 while in the Army National Guard he was deployed to Iraq…and was awarded soldier of the year.
When he started his own podcast called the Real Estate Syndication Show, he didn’t just settle on one episode a week, he decided to make it a daily podcast.
When he started his multifamily syndication company, Life Bridge Capital, he didn’t just build a portfolio of over 899 doors worth $100 Million, he also decided to give 50% of his own profits to better the lives of orphans around the world and the families who adopt them.
Today Whitney Sewell is going to share his secrets on goal setting and shifting his mindset to expand those goals. We’ll discuss how hiring a mentor helped propel his investing forward, as well as his ‘why’ of helping to children and adoptive parents. Whitney will also discuss investing in Colorado and Idaho and the explosive growth he’s s…
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Mar 15, 2021
EP272 Building Skyscrapers in New York and the Modern Wealth Building Formula with Ken Van Liew
My guest today is one of Manhattan’s most successful skyscraper experts and has managed the syndication and development of high-profile real estate investments totaling more than $1.3 billion, including 1,500 luxury high-rise residential units, and three million sq. ft. of commercial office and residential. He’s also completed over 3,000 transactions.
Ken Van Liew is an author, educator, engineer and real estate coach, whose book “Modern Wealth Building Formula: How to Master Real Estate Investing” has empowered thousands of real estate investors over the past 20 years.
Today, Ken is going to talk about what it takes to build skyscrapers in Manhattan, including construction methods, engineering issues, and people challenges. Ken has a lot of great stories, including one about a high-rise that was leaning and the method he used to fix it.
Ken also discusses his Modern Wealth Building Formula and the three ‘F’s’: Find it, Fund it, Facilitate it. This is a must-listen epi…
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Mar 8, 2021
EP271 Go 100% Remote with Your Real Estate using Systems, Apps, Virtual Assistants, and Boots-On-The-Ground with Jon Huber
Imagine being able to control your rental property and real estate business from anywhere in the world. My guest today has figured out how to do just that.
Jon Huber is a self-proclaimed “techie” who uses his formal training in data and analytics as his competitive edge in real estate analysis. Jon’s rental portfolio spans from Los Angeles to South Florida, to Kansas City. He’s recently completely systematized his operations to be 100% remote, allowing him to control his 120-unit portfolio and conduct his direct mail campaigns from anywhere in the world.
Today we’re going to discuss how Jon has accomplished systematizing his processes. From the ‘boots-on-the-ground’ resources he has in Kansas City, to the Virtual Assistants he’s trained to handle his direct mail campaign and social media, to the apps that he’s using to streamline those processes even further, Jon has set up a system that will allow him to 10X in size.
Jon also shares the analysis he used to determi…
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Mar 1, 2021
EP270 Syndication and Asset Management Tips & Techniques with Jeff Greenberg
My guest today spent 20 years working as a teacher, 9 years working for various government agencies, and 17 years in Information Technology. But he left all that behind when he began investing in real estate.
Jeff Greenberg is now an experienced Syndicator and Asset Manager with over 12 years of experience in commercial real estate. He currently controls over 1,000 units with a value over $40 Million, including 300 student housing beds.
Today Jeff is going to discuss how a seasoned syndicator raises money from investors. Jeff will share case studies from his first 20 unit in Texas and the mistakes he made in his projections. We’ll also discuss Student Housing, the importance of Broker and Lender Relationships, Flood Zones and Flood Insurance, How to raise your NOI by creating a RUBS system, Structuring a Fund, and Jeff’s outlook on the multifamily sector.
Jeff shares a lot of great insight and experience in this episode. If you’ve ever considered syndication, or passive invest…
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Feb 22, 2021
EP269 How Laundromats, Hair Salons and Car Washes can Diversify Your Rental Income Streams with Keith Leimbach
My guest today has spent the last few years building and acquiring small businesses and real estate investments to create diversified income streams. He’s invested in franchises, hair salons, laundromats, short-term rentals, car washes, and other assets with lucrative returns but not a lot of information available on how to get started. Luckily, he’s been documenting these experimental investments along the way and will be sharing the details with us today.
Keith Leimbach has served as COO and CEO of several companies and he spent 30 years in the corporate world. He served on a US Presidential Advisory Committee and hosts the “Diversified Income Experiment Podcast”.
Today Keith is going to open the books on his investments and take us on a deep dive into investing in Laundromats, Hair Salons, and Car Washes. He’ll go into the compelling financial reasons these assets offer superior profit potential, the cost of build-out, expense ratios, and challenges of the different clie…
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Feb 15, 2021
EP268 How He's Raised over $42 Million from Friends and Family to Invest in Apartments, Hospitality, Office, NNN Lease and Cannabis, with Al Vardya
I’m excited to be talking with a good friend and mentor of mine today about raising equity from investors. Al Vardya successfully exited a 26-year career in the Information Technology Industry and began investing in Real Estate back in 2011. He started with single-family homes that he still owns and manages, and then began investing in commercial real estate such as Class B Multifamily, hospitality, and office buildings.
One of Al’s many strengths is that he has created and maintains partnerships with sponsor groups syndicating private placement deals. Al has also built a family and friends network of investors providing capital for these syndications. He invests both as a limited partner and also co-sponsors some of these deals as a General Partner.
To date, Al has raised over $42 Million in investor equity across 37 projects, 12 of which have been exited for an average annual return of 37% to his investors.
Today we’re going to discuss what qualities Al looks for in his spon…
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Feb 13, 2021
RPOA Special Announcement: Virtual Conference Kicks Off Thursday with Economics Professor Paul Isely
The RPOA's annual conference will be held virtually in 2021!
Each month beginning this Thursday, February 18th, we'll be bringing you an exciting new main event - national speaker, deal room, breakout sessions, or legislative and economic updates - in addition to each event having plenty of opportunity to network (up to 500 people per event!) and chat with vendors and sponsors!
The conference is free to everyone this year and will be held over the course of 12 months. We'll be using the Remo conference and networking platform. You can learn more about it here: https://www.michiganreiconference.com/about-remo
Don't miss our first event on Thursday, February 18th at 11am! GVSU Economics Professor Paul Isely will provide a real estate investment and rental economic update. With plenty of uncertainty still ahead for the economy due to COVID-19, Paul's expertise in this area is incredibly relevant and invaluable. Paul's presentation never disappoints and is always a crowd favorite each y…
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Feb 8, 2021
EP267 How She Went From Being Homeless to Building a 250–Unit Portfolio and a $14M Development with Terrica Lynn Smith
My guest today can best be described as someone who has overcome great odds to achieve incredible things.
Terrica Lynn Smith is a real estate broker and investor holding over 250 properties in Louisiana. She’s the developer of a $14Million mixed-use community and founding partner of one of the largest private real estate crowdfunding companies in her state. She also has created her own board game that she designed to teach development concepts, and she’s been invited to the White House.
Terrica has also had to overcome enormous difficulties and challenges, including growing up in the foster system, homelessness, and Hurricane Katrina.
Today Terrica is going to share how she was able to get her real estate license after failing the test many times, how she realized that 3% commissions weren’t going to cut it, how she sought out a particular type of client, and why most of those clients left her when she made a pivotal business decision.
We’ll also discuss Terrica’s rehab p…
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Feb 1, 2021
EP266 Investing in Notes and Helping Homeowners Stay In Their Homes During a Pandemic with Martin Saenz
According to the Mortgage Bankers Association, the delinquency rate for mortgage loans on one to four-unit residential properties has reached the highest level since 2010, when we were deep into the great recession. As of November 2020, over 7.6% of borrowers are 90 days or more behind on paying their mortgage. In the midst of this national crisis, what effect is this having on investors who own and service their notes.
And how are these investors working with their borrowers to provide forbearance and other options to keep people in their homes?
Here to discuss the state of note investing during a pandemic is a real thought leader in the mortgage note investment industry. Martin Saenz brings social good into smart investing through his company Bequest Funds which acquires and profits from performing and distressed mortgages. He has directly helped over a thousand families stay in their homes, and countless more through the influence of his mentorship.
Today Martin is going to discu…
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Jan 25, 2021
EP265 His First Syndication and How He Went From a Duplex to a 76-Unit Apartment Complex with Lee Fjord
My guest today just completed his first syndication on a 76-unit apartment complex in St. Louis, Missouri, right in the midst of the Covid pandemic.
Lee Fjord got his start in property management and began investing for himself in 2016. Through the Power of Partnerships he’s done a series of joint ventures and has built his portfolio up to 124 doors. Today he’s going to share the up’s and down’s of his investing trajectory.
Lee has a decades-worth of experience as a Property Manager, Commercial Leasing Agent, Asset Manager, and Commercial Property Broker. In today’s conversation Lee shares the mistakes he made on rehabbing his first duplex, why you should never accept the lowest bid from a contractor, how he partnered with an ex-NFL player to acquire 37 units, and the reasons he ended up syndicating his 76-unit apartment complex.
I know you’re going to benefit greatly from listening to Lee’s story. He very methodically built a portfolio that’s positioned to expand ra…
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Jan 18, 2021
EP264 How He's Building Legacy Wealth Investing In Alaska Real Estate with Joe Bell
What does it mean to build Legacy Wealth in real estate investing? Many of us are doing deals, making our offers, rehabbing and flipping our properties, and trying to make a profit. But when we look beyond our day-to-day workflow, what do we see ahead of us? Are we actually building Legacy Wealth that will allow us to retire with passive cashflow and support our families when we’re gone?
We’re going to discuss that topic today with Joe Bell. He’s an expert at helping Real Estate Professionals build legacy retirement and wealth, and he’s the author of “Asset Acquisitions & Abundance: A Guide To Building True Wealth & Legacy Through Real Estate”
Joe has been named in the “Top 40 Under 40” in Alaska, and has been featured in places such as ABC, NBC, Digital Journal, Investor Place, and more.
Today, Joe is going to describe the challenges he faces investing in properties near Anchorage, Alaska, how he’s using the BRRRR method to build cashflow, and the benchmarks he’…
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Jan 11, 2021
EP263 Legal, Title, and Property Challenges In Real Estate Investing and How To Fix Them, with Dickie Baldwin
Real Estate Investing can present many challenges that both new and seasoned investors find difficult to overcome. If you’re investing out-of-state, it might be difficult to get a broker price opinion, title search, or secure a property that has gone vacant.
In my own business, we quite often need someone to mow the lawn on an REO, or help us create a Dodd Frank compliant mortgage. More often than not, we find ourselves needing to ‘cure’ a title defect on a non-performing note.
These are all complicated tasks that are either time-consuming or outside our area of expertise. That’s why it’s so important to have a ‘guy’ who can handle it.
Dickie Baldwin is that guy, and through his company, Baldwin Advisory Group, he helps investors all over the country with many types of legal, property, title, and financing challenges. Dickie has over 35 years of Real Estate experience as a Realtor, Loan Originator and Mortgage Professional. He’s solved many problems for investors, an…
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Jan 4, 2021
EP262 How to Create your Own 'Hidden' Opportunities by Using Publicly Available Records and Data with Sean O'Toole
When it comes to successful real estate investing, having access to reliable and accurate data can have a huge impact on your profit potential. Technology has brought us to a point where there’s an abundance of data available, you just have to know where to find it and how to use it properly. Today’s guest is levelling the playing field by helping small businesses and investors get access to the same data and public records that are coveted by larger firms.
Sean O’Toole flipped over 150 properties in Silicon Valley before he strategically exited the market in 2006 to focus on real estate technology. He founded ForeclosureRadar in 2007, and in 2013 he pivoted away from foreclosures to general real estate with the launch of PropertyRadar.
Today, Sean is going to help us understand how data should drive our decisions, what we should look for when applying data to our due diligence, and why having access to the right data can create a consistent pipeline of opportunities and be a g…
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Dec 28, 2020
EP261 How He Created 72 Streams of Multiple Income with Bryan Miller
My guest today could be called ‘prolific’ in many different ways. First of all, he’s an accomplished Film Composer in Los Angeles who has created music for many popular movies and tv shows. He’s also prolific in his Real Estate Investing in that he’s created 72 Streams of Income and enjoys his share of the cash-flow from over 25,000 rental units consisting of Single Family Rentals, Apartments, Self Storage, Mobile Home Parks, Retail Shopping Centers, and Notes.
Bryan Miller is an Investor, Developer, and Film Composer. In his 16 years of Real Estate Investing Experience he’s Flipped over 20 homes in multiple markets, raised over $7 Million in private money, and he’s currently building 46 Single Family Homes and 58 Rental Units in Los Angeles.
Today, Bryan is going to share how he built those 72 streams of income, starting with the single family rental he purchased in Los Angeles and the 19 Phoenix AZ Condos he bought during the great recession at huge discounts. We’ll…
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Dec 21, 2020
EP260 Taking Calculated Risks in Commercial Real Estate during the Coronavirus Pandemic with Johnny Merritt
Many businesses are struggling to stay afloat during this Covid-19 pandemic, and Commercial real estate is no exception. So how can real estate investors and professionals stay ahead of the curve, and what type of calculated risks could actually be beneficial for commercial real estate?
Today, we’re going to talk with an attorney who’s 30 years of experience has given him insight into how to navigate this crisis in order to survive the rapidly changing commercial office and retail real estate market.
Johnny Merritt is a Texas-based attorney experienced in complex corporate and real estate matters. He represents billion-dollar corporations and multi-million-dollar real estate developers. And today he’s going to help us understand the extent of the damage to commercial real estate as the opportunities in this arena. We’re also going to discuss how landlords can work with their tenants to either forgive or defer payments, why you should always look for the ‘right of first refu…
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Dec 14, 2020
EP259 Success Tips on Short Sales and Pre-Foreclosure Investing with Dwan Bent-Twyford
During the Great Recession there was a lot of opportunity for those who knew how to invest in short sales and foreclosure properties. As the economy improved over the past 10 years, these strategies were needed less and less for various reasons.
But now with Coronavirus’ impact on our economy, is this cycle starting up again? My guest today not only has an answer to that question, she is actively investing in, and teaching others to invest in, pre-foreclosure and short sales.
Dwan Bent-Twyford has been on numerous TV shows, she’s written four best-sellers, runs her own blog and YouTube channel, and her mission is to teach people how to build a business that they can pass down to their grandchildren, just like she’s doing.
Today, Dwan is going to do a deep dive into short sales and the foreclosure process. She will share who she contacts at the bank and the conversation she has with them, her persuasion techniques to get the price she wants, and how she finds her distressed hom…
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Dec 7, 2020
EP258 How He Went from Zero to 400 Units by Converting Owners into Sellers, with Sterling White
What does it take to find off-market deals and convert the owners of these properties into sellers? My guest today is going to help answer that question. Sterling White is a multifamily investor who specializes in value-add apartments in Indianapolis and other midwestern markets. In just under 10 years he’s created a $19 Million portfolio through his company Sonder Investment Group.
Sterling is a seasoned Real Estate Investor, Philanthropist, Speaker, Podcast Host & Mentor. He’s also the author of the book “From Zero to 400 Units” and hosts “The Real Estate Experience Podcast”.
Today Sterling is going to explain what it means to overcome limiting beliefs and the three major steps he took in his life to overcome those beliefs, how he approaches owners directly and converts them into sellers, and the art of the follow-up and how it’s helped him get to that all important ‘yes’. Sterling is also going to share the decision that cost him $1Million, and how you can avoid…
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Nov 30, 2020
EP257 Is the Housing Boom About to Go Bust, or is it Just Getting Started? With Bob Fraser
Housing values have been rising steadily since the Great Recession, and many people, like myself, have been watching from the sidelines while investors and homeowners pay prices we wouldn’t have dreamed of ten years ago. Many investors think the housing market shows troubling similarities to 2008, but my guest today disagrees and believes the housing boom is just getting started and today he’s going to explain ‘why’.
Bob Fraser is the Founder & Principal of Aspen Funds and has purchased more than 1,000 mortgage notes earning double-digit annual returns. Today he’s not only going to discuss his optimistic outlook on the housing market, he’s also going to share how you can take advantage of one of the most effective and overlooked avenues of real estate investing.
If you’re able to watch this episode on youtube you’ll also enjoy the charts and data that Bob has brought which show the economic trends of the housing market. Bob makes a great case for why the housing marke…
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Nov 23, 2020
EP256 How To Pay Full Asking Price and Still Make a Huge Profit by Understanding Seller Psychology with Eddie Speed
Anyone who has spent time researching notes and seller financing is going to be familiar with today’s guest. Over the past 40 years he has purchased more than 40,000 notes and his NoteSchool executive team has bought 3.5 billion dollars in notes. He’s an esteemed teacher of all aspects of real estate notes, won many industry awards and is an inaugural inductee into the Small Balance Real Estate Hall of Fame.
Of course, I’m talking about Eddie Speed, and I’m excited to finally have the chance to talk with him. At his core, Eddie is a problem solver who is skilled at finding opportunity in the challenges most investors aren’t able to solve. In finding those creative solutions, Eddie is able to achieve exponential profits. Over the past decade he has helped countless investors expand their portfolios by the millions using his out-of-the-box techniques --- and today he’s going to share a new strategy that he’s teaching & using himself to make huge profits.
Eddie’s going t…
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Nov 16, 2020
EP255 Discover Her Blueprint for Short-Term Rental Success, with Avery Carl
My guest today played goalkeeper for a Big 12 Championship-winning women’s soccer team, spent years touring the world as the lead guitar player in a punk rock band, and became a millionaire by the age of 31 by strategically investing in short term and vacation rental properties.
Avery Carl owns a portfolio of 30 properties and is the CEO and founder of the Short Term Shop, a real estate team that helps investors acquire short term rental properties in the most recession resistant markets, and trains them on the methods that led her out of the corporate rat race and into financial freedom.
Today, Avery is going to help us understand the right markets to invest in, the difference between buying an Airbnb and vacation rental investing, how you can self-manage a short-term rental remotely from anywhere, and how to analyze a potential vacation rental for optimal ROI and cash-on-cash return. Avery will also share the type of loan she uses to finance her vacation home acquisitions.
There…
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Nov 9, 2020
EP254 Getting into the GUTS of Rental Property: Electrical & Plumbing, Septic Systems, and Investing in Problem Properties with Mike Bonadies
Today we’re going to talk about the dirty and gritty side of investing in real estate and the unglamorous aspects that most rental owners have to deal with, such as septic clean ups, eviction clean-outs, pre-1920’s construction and investing in C & D, and even F properties. These are the parts of our business that people rarely think about that can actually be quite profitable.
And here to share his experience in this area is Mike Bonadies, a landlord and co-owner of a New Jersey-based property management company called TerraVestra, as well as a maintenance, preservation, and construction company called Side By Side MRO.
Mike owns 25 units of small multi-family and mixed-use, and he manages 225 units. His maintenance and preservation company has worked on over 600 units and foreclosures, and they specialize in pre-1940 Multi-family construction.
Today Mike is going to share his knowledge on the different types of electrical wiring and plumbing materials to look for during an ins…
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Nov 2, 2020
EP253 Shifting Your Property Manager Mindset to Reduce Stress and Earn More Money with Gary Spencer-Smith
One of the reasons people are reluctant to start investing in real estate is that they don’t want to deal with tenants, toilets & trash. And anyone who manages residential real estate will tell you that it can be very stressful and time consuming.
My guest today is going to help us tackle those reservations head on. He believes that property managers can take their real estate investments to the next level through simple tweaks to their mindset and tactics, especially when it comes to working with tenants.
Gary Spencer-Smith has over 20 years of experience in real estate and is an active investor with more than $10 Million in single family homes, commercial real estate and resort properties. He also just completed his new book called “The Property Manager Mindset: Reduce Stress, Save Time, Earn More Money” and he’s the co-owner of RevNYou, a growing real estate education platform.
Today Gary is going to share Property Manager Mindset Shifts that will help you become immune t…
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Oct 29, 2020
EP252 What Happened after 2 A.M. in this Haunted House? with Reverend Gerald Hunter
Spend the Night with me in a Haunted House!
Welcome to Part 2 of our Halloween Series on Haunted Houses, Apparitions, Paranormal Experiences, and the Roommates who don’t pay rent & can’t be evicted.
In part one (episode #251) you were introduced to a retired reverend who has been experiencing paranormal activity and communicating with the dead since his near-death experience at the age of 5. You also met several of his paranormal research assistants and heard their stories as well.
Today, we’re going to take you on a ghost hunting adventure to a haunted house in the historic district of Bay City Michigan. You'll find out the strange reasons we were brought there in the first place, how the homeowner was almost pushed off a ladder by a ghost, and what happened that night after 2 A.M. that is so strange, and so hard to explain, that I can't wait to share it with you.
If you're experiencing paranormal activity in your home, rental property, or place of business, you can contact…
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Oct 26, 2020
EP251 Haunted Houses, Paranormal Activity, and the Roommates Who Don't Pay Rent and Can't Be Evicted with Reverend Gerald Hunter
Welcome to our Special Halloween Edition with all new stories about Haunted Houses, Apparitions, Paranormal Experiences, and the Roommates Who Don't Pay Rent, and Can't Be Evicted. We did something similar 3 years ago on EP#94 and it was one of my favorite all-time episodes. Today we go even deeper into paranormal phenomenon and I know you're going to love this incredibly thrilling episode!
I recorded so many great stories that I had to break them up into two episodes: In Part One you'll meet a group of Paranormal Researchers and the Retired Reverend who has brought them together. In Part 2 you'll get to accompany me to a Real-Life Haunted House in Bay City Michigan.
I want to warn you that some of these stories will frighten you, and some may even terrify you. If you're easily scared or prone to nightmares, then this is not the episode for you. Aside from the sound effects I've added in, everything you're about to hear is the actual professed experiences of the people involved. Thes…
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Oct 19, 2020
EP250 An Exclusive Inside Look at What Goes Into Making This Podcast with Brian Hamrick
Hello & welcome to episode 250. We’ve reached the quarter-century mark and I thought I'd do things a little differently to celebrate this milestone. We’re not going to have a guest today, I’m just going to spend a little time talking with you about the show: giving you a behind-the-scenes peek at how we put it together, answering some of your questions and feedback, and sharing the systems, technology & lessons I’ve learned from hosting this show over the past 249 episodes.
I'll also be discussing some of the deals I've done with people I've met through the show, as well as my outlook on the real estate market and the property I just closed on this week that we intend to develop.
You'll also find out why one of my favorite all-time episodes is the one that will be going live next week.
I hope you enjoy this behind the scenes tour. I'm very grateful for the opportunity to share these past 250 episodes with you, and want to thank the incredible team at the Rental Proper…
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Oct 12, 2020
EP249 How She's Achieving 2X Returns in High Cost Areas by Investing in Rent-Controlled Properties and Converting Hotels to Multifamily with Sri Latha
When you live in a high cost area such as the San Francisco Bay community, you have to apply some serious out-of-the-box thinking to achieve profit in real estate investing. Over the last six years, today’s guest has taken over 50 multifamily units from negative to high cash flow positions using the traditional BRRRR model as well as fix & flips. She's also figured out a way to double her money in multifamily investing in under two years.
Sri Latha has been investing in multifamily since 2014 and she brings her experience as a data scientist and researcher to the finding, analyzing and acquisition of commercial multifamily. Sri and her husband are also under contract for several hotel-to-multifamily conversions.
Today Sri is going to share how she’s able to double her investment within one to two years as well as her strategy for buying in high-cost, rent-controlled areas of California. We’ll also be doing a deep dive into Sri’s three favorite techniques, which are Cash For K…
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Oct 5, 2020
EP248 Structuring Successful Commercial Multifamily Investments with John Azar
Today we’re going to talk to someone who has achieved huge success investing in commercial multifamily and apartments. Recently he’s grown his company’s portfolio from 2,500 units owned & operated to over 6,200 units. He’s raised money from both institutional and individual investors through syndications and closed-end asset funds.
John Azar is an Executive Vice President and Managing Member of MACC Venture Partners where he directs acquisitions, strategic development, capital management and growth. In his past roles, John has been a commercial banker in various financial institutions and understands inside & out debt and equity financing as well as deal structure and how to grow successful companies.
Today John is going to explain how he structures his deals, sources his financing, and the types of investors he works with and the returns they expect. John will also share how his experience as an immigrant to the U.S. has shaped his perspective on success.
I know you’re go…
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Sep 28, 2020
EP247 How His Shared Residence Model Nets over $1,000 a Month per Property with Ron Thomas
You may remember a podcast conversation I had with UK investor Susannah Cole several months ago where she shared the HMO concept – Homes of Multiple Occupancy. This is somewhat unique in the United States, but very prevalent in the UK, and it basically is a co-living situation where professionals rent out rooms in a shared house. I wasn’t really aware of this concept in the U.S. outside student housing, group homes and boarding houses, but apparently my guest today has been quite successful at it.
Shortly after Susannah’s episode aired I was contacted by Ron Thomas, an investor out of Albuquerque, New Mexico who has not only developed this model for his real estate business, but claims it works better than any other real estate strategy he’s tried.
Ron has been developing and perfecting his sytems for Shared Residence since 2009, and teaches his model to other local real estate investors. Today he’s going to explain how it works and how he’s averaging $1,000 net per prope…
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Sep 21, 2020
EP246 Note Buying & Selling Tips from the RPOA Expert Panel with Donna Bauer, Gene Chandler, & Kyle Zimpleman
Investing in Performing or Non-Performing Notes can yield incredibly lucrative results for those who know what they're doing. But if you are a beginner there will be many pitfalls and challenges you'll need to overcome in order to be successful. Back in February 2020 at the RPOA Annual Conference we held an expert panel roundtable to discuss best practices and the situations note investors should avoid. You'll enjoy hearing our expert's many stories and examples, as well as their greatest hits & losses.
Donna Bauer is a trainer and coach who has done every type of real estate transaction: buying, selling, leasing – everything having to do with real property. She’s also done every type of note deal whether it be performing, non-performing, seller-financed or anything in-between, and she will tell you that hands-down she prefers paper over property any day of the week.
Gene Chandler has 46 years of real estate investing experience and is the asset manager for Chandler & Chandler Fi…
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Sep 14, 2020
EP245 How You Can Build A Successful Short-Term Rental Business with J Massey
I’ve been an admirer of today’s guest ever since I came across his Cash Flow Diary podcast many years ago. J Massey has raised capital for, and invested in, single-family homes, notes, cell phone towers, commercial real estate and apartments. And today he’s going to tell us about the new path his investing business has taken and why he sees a world of opportunity is short-term rentals.
J has built his very own 34-unit, 46-bedroom, short-term rental business from scratch and has shifted his Cashflow Diary brand to focus exclusively on building and training short-term rental entrepreneurs.
J is also going to share how you can build a successful business with your spouse, his special sales tips for new business owners and entrepreneurs, and how he’s dealing with the unique challenges of operating a business during the Covid-19 pandemic.
Whether you’re a Short-Term Rental Investor or not, you’ll get a lot of great tips & advice in today’s conversation. You can contact J Ma…
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Sep 7, 2020
EP244 Should You Invest in Hiring a Virtual Assistant? with Amy Ransdell
One of the things I’m trying to accomplish during this Coronavirus Pandemic is systematizing and streamlining my business in order to become a leaner and more efficient real estate investor in this new and uncertain economy.
One of the ways I’d like to do that, but I don’t really understand it or know how to execute on it, is through the use of Virtual Assistants. How do I find the right fit and in what ways can they make my business even more successful?
That’s why I’m looking forward to our conversation with Amy Ransdell today. Amy is the CMO for virtual assistant provider REVA Global and lead generation company Deal-Dialers. She also runs an investment team and brokerage sales team in Marietta Georgia and has been buying, renovating, and wholesaling homes for over 18 years.
Amy’s deepest passion is to empower people to grow their investment skills and entrepreneurial fortitude, and today she’s going to help us do that by sharing how we can best utilize virtual assis…
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Aug 31, 2020
EP243 Do You Have What it Takes to Raise Money Through Syndication? with Bruce Petersen
What does it take to raise OPM “Other People’s Money” in order to acquire larger real estate deals than you’d ordinarily be able to do by yourself? Should you be thinking about raising OPM in order to take your investing business to the Next Level?
According to my guest today, it takes a certain type of person to thrive in syndicating and 40% of the people he’s seen do their first syndication deal never do it again.
That’s why he wrote a book about Syndication and its pitfalls called “Syndicating is a BI#@H: And Other Truths You Haven’t Been Told”. And today Bruce Petersen is here to discuss these truths and help you figure out if syndication is a road you want to travel.
Bruce built his Apt-Guy empire and wealth by syndicating over 1,100 units in real estate, and today he’s going to share his secrets to success. We’ll be discussing the importance of having a mentor or coach, how he raised money for his first syndication without having a track record, and the m…
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Aug 24, 2020
EP242 How To Improve Your Online Presence So You Can Raise More Money For Your Real Estate Deals with Dr. Adam Gowar
Up until early March we were in a booming real estate market with high valuations and a bright economic future. Now, seemingly overnight, we find ourselves in a new kind of recession and it’s hard to see just how it will end and whether real estate will hold its value.
One thing I can tell you from my experience going through the last great recession is that there will be incredible opportunities for those who have the capital to go after them. And that’s what we will be talking about today – How do we find, educate, and prepare investors for the real estate opportunities that will be available in the next 3 to 12 months?
My guest today, Dr. Adam Gower, is considered to be one of the country’s foremost real estate crowdfunding experts who founded his company GowerCrowd to assist sponsors and developers raise unlimited equity capital online. Adam is a published best-selling author and has decades of experience in real estate investment and finance.
Adam is going to share his…
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Aug 17, 2020
EP241 How To Survive & Thrive Through a Recession and Coronavirus with Jason Roberts and Rachel Schneider
My guests today know what it's like to go through a major economic downturn and reposition their business in order to survive and thrive.
Jason Roberts and Rachel Schneider owned their own mortgage company when the Great recession hit back in 2008. Once the market crashed they pivoted to real estate investing and have since closed over 300 transactions. Many of them were pre-foreclosures, short sales, wholesales, probates, you name it, they’ve done it.
Now that coronavirus has brought our economy into another recession, it will be helpful to get Jason and Rachel’s perspective on how they plan to survive and thrive once again. Jason and Rachel run a top coaching program where they share their knowledge and experience with other investors, and they also own a profitable hard money lending company with over 2 million dollars in loans out at any given time. They’re also co-owners of their local REIA and continue to flip houses.
Today they’re going to discuss the marketing system…
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Aug 10, 2020
EP240 Solving the Need for Workforce Housing with Scott Choppin
As real estate prices increase, and the supply of new construction fails to keep pace with demand, the need for middle income housing is a steadily rising challenge that many communities are experiencing. Today we’re going to discuss Workforce Housing. What is it, who benefits from it, and how is it being developed?
And here to have this conversation is Scott Choppin, a seasoned real estate developer with hundreds of millions of dollars of experience and specialization in workforce housing. He’s also the founder of Urban Pacific, which specializes in the development of a unique type of Urban TownHome.
Scott is going to share the development model that he’s employing in middle-income neighborhoods that cater to co-living and inter-family residents. We’ll discuss the cost saving techniques he’s employing to develop and build these properties without any type of government subsidies. We’ll also discuss the defensive nature of this type of housing against economic downturns a…
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Aug 3, 2020
EP239 How He Fixes Broken Apartments with Jerome Myers
My guest today is a big fan of the Keanu Reeves movie “The Matrix”, and he believes that most people really are living in the Matrix and it’s his job to help them escape. He does this by teaching them the benefits of multifamily and apartment real estate investing
Since leaving a successful corporate America career, Jerome Myers has become a thought leader in the multifamily development space. Jerome leads The Myers Development Group which focuses on buying broken apartment building businesses and using innovative thinking and solid execution strategies to optimize the operational efficiency of the business.
Jerome asset manages 90 units and 90,000 square feet of workforce housing across Virginia and North Carolina and he’s on a mission to hold 1,000 doors in the next 8 years. He also hosts the podcast “Myers Methods Presents Multifamily Missteps”.
Today Jerome will take us through the process of acquiring, rehabbing and profiting from two of his multifamily properties,…
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Jul 27, 2020
EP238 How You Can Achieve 'Time Freedom' through Passive Real Estate Investing with Travis Watts
Today’s guest is going to talk about ‘Time’. Specifically, ‘Time Freedom’ and how you can achieve it through Real Estate Investing. He’s also going to discuss how you can transition from being an active investor to 100% passive.
Travis Watts is a full-time passive investor who has been investing in real estate since 2009. He’s invested in multi-family, single-family and vacation rentals. He’s also the Director of Investor Relations at Ashcroft Capital which was co-founded by Joe Fairless.
Travis has invested in over 27 passive syndications and has made it his mission to share passive investment strategies in order to help others achieve and maintain wealth in real estate.
Today Travis is going to describe his transition to Passive Investing, what he looks for in the sponsors and operators he invests with, Best Practices for Investor Communications, and specific examples of the deals he’s invested in.
I know you’re going to enjoy this conversation with Travis. Yo…
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Jul 20, 2020
EP237 Mind-Blowing 1031 Exchange Strategies that will Shelter Your Profits from the IRS with Dave Foster
As real estate values increase, so too does the idea of selling your investment property and taking your profits off the table. One of the major considerations in doing so however, are the tax consequences. Many investors choose not to sell because they simply don’t want to pay taxes on their long-term gains.
There is a way, however, to take those gains and not pay taxes on them by transitioning those profits into a different investment property. I’m talking about the 1031 exchange, and it’s a tool that you can use to delay paying those taxes.
Dave Foster is a 1031 Exchange Expert, and he’s here today to help us understand how it works. Dave is the Founder & CEO of the 1031 Exchange Investor, and he’s also a degreed accountant and serial real estate investor, as well as a qualified intermediary and consultant. Today he’s going to share his tax saving strategies in order to help you maximize your real estate investment returns.
We’ll be discussing the timeline you must…
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Jul 13, 2020
EP236 How He's Acquiring 5 to 10 Properties a Month by Negotiating On His Terms with Chris Prefontaine
To many people the real estate market may seem unpredictable, and the very real fear of losing money has been a huge psychological hurdle to overcome. Many investors don’t want to be at the mercy of the economy and the banks.
My guest today has found a way to circumvent that fear and risk by investing in real estate on His Terms. Chris Prefontaine is rewriting the rules of real estate and coaching investors on how to scale and automate their business without using their cash or credit. His family business has done over $80 Million in real estate transactions.
Chris is also the Best-Selling author of 2017’s “Real Estate On Your Terms” and this year’s “The New Rules Of Real Estate Investing”. Chris and his family are acquiring 5 to 10 properties every month and control between $20 to $30 Million --- all done on Terms without using their own cash, credit, or signing for loans.
Today we’re going to discuss what it means to invest in Real Estate on Your Terms, the two str…
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Jul 6, 2020
EP235 Short Term Vacation Rentals RPOA Expert Panel 2020
One of the highlights of the RPOA's 2020 Annual Conference was the Expert Panel on Short Term Vacation Rentals, and today you get to listen to this Pre-Covid-19 Conversation. We assembled an incredible group of experts and investors to help us understand the best practices for owning & operating short term vacation rentals, the biggest challenges facing the industry, and why its so important for the industry to professionalize and improve its perception in the community.
Ed Bodman has over 7 years of experience owning & operating short term rentals. Ed has become an expert in hospitality, hosting, maintenance, marketing, cleaning, staging, furnishing, buying right, and working with city government to promote his community.
Kim Post has a House and 10 cabins in Cadillac Michigan that will all be converted to short-term vacation rentals by fall. Currently the House and 6 cabins are online.
Kim’s been a real estate investor for over 30 years and is the owner of Post & Associates Appr…
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Jun 29, 2020
EP234 How to Increase Your Profits by Getting Control Over Your Utility Expenses with Scott Ringlein
One of the best ways to increase your net operating income and cashflow is to get control over your utility expenses. Whether it’s through improving your existing systems and mechanicals, adding renewable sources such as solar panels, or installing water saving aerators to your faucets, there are many ways you can improve the energy efficiency of your properties.
However, this does require an investment of time and money. If you don’t have the funds to make this investment, you may be missing out on a huge profit opportunity.
Today we’re going to be discussing some of the energy efficient and cost-saving changes you can make to your investment property and the different types of programs and loans available that will cover the costs.
With us today is Scott Ringlein, the founder and CEO of The Energy Alliance Group of North America, who’s mission is to develop and deploy innovative solutions to energy, waste, and environmental challenges through the combination of technical a…
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Jun 22, 2020
EP233 Shopping Malls, Big Box Stores, and Strip Centers. How His $3 Billion Retail Portfolio is Holding Up in the Age of Amazon and Covid-19, with Chris Ressa
You’re about to hear an incredibly informative conversation I had with Chris Ressa about Commercial Retail investing. We recorded this on March 11th, just before our country went into lockdown, and as we all know, retail has taken quite a beating over these past months.
What I’d love for you to do is to listen through this conversation to get a detailed understanding of how retail investing works, and then at the very end you’ll hear my follow-up conversation with Chris that we recorded this past week. Chris is going to update us on how his $3 billion portfolio has survived during the past three months. Definitely stick around to the end, because you won’t want to miss it!
Every time I drive by a strip mall with a TJ-Maxx, or a ROSS Dress For Less, or a Burlington Coat Factory, I always wonder, “Who owns that property, and what does that investment actually look like?” Today we’re going to talk about investing in retail. What are the factors that make this a profitable…
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Jun 15, 2020
EP232 Investing in Self-Storage on a Massive Scale and Structuring Your Fund with Kris Benson
One of the asset classes that’s expected to hold up well during this Coronavirus Pandemic is Self-Storage. In fact, it tends to do well no matter how the economy is performing. Today we’re going to take a look at the factors that make Self-Storage so attractive and help you understand how to successfully invest in this sector.
And here to take a deep dive into this strategy is Kris Benson, the chief investment officer for Reliant Investments, a subsidiary of Reliant Real Estate Management, which is one of the top 25 commercial Self-Storage operators in the U.S. Reliant has completed over $650 Million in Self-Storage acquisitions and dispositions in the past 5 years.
We’ll also be discussing what it takes to put together a $50 Million fund, and Kris’ role in raising money for Reliant’s portfolio. For those of you who are syndicators or raising money for your own fund, you’ll definitely benefit from learning how Kris raises money from investors, how Reliant structures their…
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Jun 8, 2020
EP231 How He Bought an Island and is Building a World-Class Resort with Dan Behm
My guest today made a lifestyle real estate investment in an asset class that most of us can only dream of. He bought an Island! And he’s turning that island into the world’s sexiest off-the grid private luxury resort featuring over-water villas, treehouse jungle suites, and the world’s first over-water beach on stilts.
You may know Dan Behm from his online blog called “Why I bought an Island”, and if you’re from the West Michigan area you may know him as the Founder and Past CEO & President of the wildly successful tech company ‘OST’, or Open Systems Technologies.
Dan is also an entrepreneur and investor focusing on residential and commercial real estate, small businesses and international resorts. He’s received many awards over the years including the Ernst and Young Entrepreneur of the Year and the West Michigan MSU Business Person of the Year.
And today, Dan is going to tell us why he bought this island in Panama, the engineering and structural challenges his t…
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Jun 1, 2020
EP230 How He Applies His Christian Principles to Real Life Real Estate Situations with Ellis Hammond
Ellis Hammond is my guest today and he began investing in real estate while he was serving as a college pastor in San Diego. While his goal was to create passive cash flow for his family, he realized that investing in Real Estate could be an incredible resource to help his family and many others achieve financial freedom. He and his wife invested in a San Diego duplex in 2018 and 9 months later he became a Co-General Partner on a 144-unit apartment complex in Memphis TN.
Ellis is the founder of Kingdom Capitalists, the #1 mastermind community for Christian real estate entrepreneurs. He hosts a top-rated podcast called “Kingdom Capitalists” where he features other successful Christian entrepreneurs and business owners discussing their faith and success.
Today Ellis shares how he grew his real estate portfolio and how he uses his evangelistic skills to network and create communities on linkedin and meetup groups. He’ll break down his strategy for creating content that attracts op…
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May 25, 2020
EP229 Deal Packaging, Homes of Multiple Occupancy, and Raising Cash in the UK with Susannah Cole
My guest today is one of the UK’s most successful self-made property investors. She started her first business at the age of 22 and even then she knew she had an entrepreneurial spirit which could not be constrained by a JOB. She broke out of the corporate world to follow her dreams and founded the Good Property Company UK which she has been running for over 10 years.
Susannah Cole believes anyone can make millions from property, and that it is possible to succeed even with very little money to start with. She has sourced, bought or let out more than 200 properties with a value of $45 Million Pounds, and has invested her own capital to develop her multi-million-pound property portfolio.
Susannah’s top priority is helping others achieve, or surpass, her own success. Today she’s going to share the strategies that have made her so successful. We’ll be discussing ‘HMO’s’, Homes of Multiple Occupancy, which are quite common in the UK. We’ll also be discussing the concept o…
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May 18, 2020
EP228 Sometimes the Best Deal is the One You Walk Away From, with Ken Jenkins
Many Multifamily & Apartment Investors are looking for opportunities wherever they make sense. Today's guest found what appeared to be an excellent upside opportunity in Macon, Georgia that he and his partner got under contract, completed due diligence on, raised the equity and sourced the financing. Everything was all set to close, until something came to light that changed the entire deal.
Today you're going to hear a story about why it's so important to keep looking, digging, and asking questions, even after you've completed your due diligence.
Here to share his story is Ken Jenkins, principal for Integrated Property Group Managers which owns and operates 181 units in South-East Michigan. Ken is also my cousin, and you may remember his previous appearances on EP# 16 & 17.
No matter what level of investor you may be, you will definitely benefit from hearing Ken's deep dive into a deal that looked like a winner but ended up being one he had no choice but to walk away from. You can…
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May 11, 2020
EP227 How He’s Achieving Financial Freedom through Student Housing Investing in California with Ryan Chaw
Do you know what your financial freedom number is? The answer is the amount of passive income you’d need to achieve in order to cover all of your expenses and replace your job income. When you ask most people what their financial freedom number is, the most common answer is $10,000 a month in passive income.
Well today we’re going to talk to someone who has achieved that number. Ryan Chaw is a single-family home investor who has managed to create a six-figure rental portfolio in California where most houses are overpriced and cash flow is limited. Today he’s going to share his strategy for managing 4 single family homes himself while still working his full-time job. We’re also going to discuss important tips on preventing high-cost emergency repairs along with Ryan’s system on super targeted marketing.
Ryan is fast becoming an expert on converting traditional home rentals into multi-bedroom student housing. I know you’re going to appreciate learning more about the tools h…
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May 4, 2020
EP226 A Rocketship to Multifamily Success with David Toupin
When David Toupin was last on this show he was well on his way to real estate success as a co-owner of a $7 Million portfolio of 120 units, plus a successful single-family fix & flip business. Well at some point David invested in a rocket ship, because his momentum since then has been stratospheric.
Today David is a Top Millennial real estate investor, speaker, and entrepreneur. He co-founded Obsidian Capital with our previous guest, Glenn Gonzales, and has acted as a key principal with over $50 Million in real estate holdings and he’s raised well over $10 Million in capital. He also designed and developed a best-selling multifamily deal analyzer, and used that as a platform to found a new software company called Real Estate Lab.
You’re definitely going to want to hear why David moved his business from Detroit to Austin, Texas, the importance of financial analysis in deal-making, how he utilizes social media to attract investors, and how you can achieve his level of success no ma…
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Apr 30, 2020
Special RPOA Economic Forecast with Paul Isley
One of the RPOA’s goals during this Coronavirus Pandemic is to keep you as up-to-date as possible with information that will help you survive and thrive as real estate investors. That’s why I’m so excited to be talking with today’s guest about the economic impact this pandemic is going to have on our real estate investments. If you’ve been looking for real data on our city, state & country’s economic strength & what all this means for your real estate portfolio, then you’re definitely going to want to hear this economic forecast with Paul Isley.
Paul is the Associate Dean and Economist for Undergraduate Programs in the Seidman College of Business at Grand Valley State University. If you’ve ever been to the RPOA’s annual conference then you already know that Paul is the most popular speaker by far. This year his presentation was standing room only, and his economic forecast was incredibly eye-opening.
Now, 8 weeks into this pandemic, Paul has new data that will shed…
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Apr 27, 2020
EP225 Will This Mastermind Group Help Him Dominate The Detroit Flipping & Rehab Market? With Ramond Harris, Justin Workman, Patrick Spitzley & Stephen Benedict
Last year at the RPOA annual conference I met Ramond Harris for the first time. After hearing his story about flipping, wholesaling and rehabbing in the Detroit area, I knew we needed to record a podcast. You may remember the Mastermind conversation we had with friends of this show Justin Workman and Patrick Spitzley on episode #168 where we helped brainstorm ways Ramond could fix his broken business model, decrease his debt by shedding some unused assets, and set himself up for huge growth.
Now, a year later, we’ve all met back up at the RPOA 2020 annual conference and we’re going to mastermind again with Ramond to see what’s changed and how his business has progressed since we last talked. We’ll also be discussing some new marketing and deal flow challenges that have cropped up, and how he might tackle them.
Joining us as well is Stephen Benedict, local Sheriff’s Sale Auction expert from episode #101, who has some valuable advice on how to beat out the competition at the…
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Apr 20, 2020
EP224 From Maintenance Man to over $290 Million and 5,000 Units in Acquisitions with Glenn C. Gonzales
My guest today wants you to know that if he can make it as a successful real estate investor, then anyone can. Glenn Gonzales began as a maintenance man working for several other successful real estate investors. As he grew more confident in his job, he began to realize how the proactive decisions he was making were improving the health of the properties he was maintaining. But it was the other lessons he learned on the job that propelled him to where he is today. Glenn is now the CEO and Co-Founder of Obsidian Capital, a real estate investment firm out of Austin Texas. In the past 6 years Glenn has accomplished over $290 Million in total acquisitions, 5,000 total units, and raised over $80 Million.
Glenn is also the author of the bestselling book “Maintenance Man to Millionaire: Real Estate Wealth Creation for Everyday People”. He’s also a great guy with a lot of fun stories to share, and today he’s going to tell us how he was continuously pushing himself to take on new chall…
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Apr 13, 2020
EP223 Is It Time To Sell Your Rental Properties? Roundtable Discussion with Ben Blake, Jeremy Schumann and Justin Workman
Back in the pre-covid-19 days when people could actually sit together in the same room, a group of rental property owners met to answer one simple question: "When is it time to sell your rental property?" Even though the world has changed considerably since then, the answers they came up with still hold true today.
Let’s say you’ve acquired a decent sized portfolio of rental properties, they’re cash flowing, well-managed, and achieve your goals of long-term wealth. But maybe the cash flow you’re receiving isn’t enough to allow you to quit your job, or retire early, or pay for that cruise ship vacation. However, there is enough equity in your portfolio to sell for a substantial profit.
Is it time to sell and take your chips off the table? Or are you better served to stay on the ‘buy & hold’ path that you set out on so long ago?
Many investors are faced with this very question, and I have two of them in the studio with me today. Plus, I have a very special guest who’s…
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Apr 6, 2020
EP222 The Nitty-Gritty of Mobile Home Park Investing and Finding Success by Doing What Others Fear with Ryan Narus
Imagine what it’s like to get started in real estate investing when you have nothing. No money, no experience and no network. Now imagine you’re also in your 20’s and have more student loan debt than actual capital to invest in deals. On top of that, you have a job in corporate America, but you’re still BROKE.
That is where today’s guest was 8 years ago. Ryan Narus is a self-made real estate entrepreneur and accredited investor who started with nothing and now owns and operates 12 Mobile Home Parks spanning over 1,300 units. He’s the co-founder of The Archimedes Group where he works at home, has 5 employees, and hosts his own podcast called ‘Mobile Home Parks in Real Life”.
Today Ryan is going to share why he was eager to sacrifice and do things others weren’t willing to do, so that he could live the life others only dream of. We’re also going to discuss the nitty gritty of mobile home park investing, including the times Ryan has had his life threatened while conf…
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Apr 2, 2020
RPOA Coronavirus Update: What You Can & Can’t Do to Manage Your Rental Properties
Hello everybody. I hope you’re all safe & healthy and maintaining your sanity in this Coronavirus world we now find ourselves in.
If you’re a rental property owner or investor, you might have some questions about the State of Michigan's Executive Order to stay in place and what this means to you. We still have tenants to take care of, buildings to maintain, units to fill, and bills to pay. It’s not always clear which of those activities are considered essential, and which ones will get us in trouble.
Luckily the Rental Property Owners Association has been in communication with the Governor’s office here in Michigan, and we’re going to clarify what you can and can’t do in this very special episode with Clay Powell, the Director of the RPOA of Michigan and Grand Rapids.
You can access the RPOA’s online courses by going to www.rpoaonline.org
You can also call the RPOA at 616-454-3385
Or email: contactrpoa@rpoaonline.org
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Mar 30, 2020
EP221 Asset Managing Mobile Home Parks Through a Pandemic and Exploring Parking Lot Investing with Kevin Bupp
I hope all of you are safe and healthy. Here in Michigan we are on lockdown, and wherever you are in the world I hope you’re doing well and taking this coronavirus pandemic seriously.
There is no way to discuss real estate right now without admitting that every asset-class will be impacted heavily. Today I’m talking with Kevin Bupp about his investments in mobile home parks across the United States to find out how he believes they’ll hold up in this new economic reality. Kevin is going to share the high-level conversations he’s been having with his team and the processes they’ve put in place to help their residents who suddenly find themselves unable to pay their rent.
We’ll also be discussing Parking Lots as an Asset Class. Kevin is going to share why they’re such an under-appreciated & over-looked asset, the economics of owning them, and how he’s finding Mom & Pop type operators who are willing to sell them.
Kevin is the Founder & CEO of Sunrise Capital Investors a…
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Mar 23, 2020
EP220 Coronavirus: How Will It Affect Your Real Estate Investments with Neal Bawa
This coronavirus pandemic has changed our society and the way we live in a very short amount of time. Those of us who own investment property can’t help but ask: “How bad will it get, what does this mean for my investments, and will there be new opportunities that arise from these unfortunate circumstances?”
There are so many opinions and overnight experts sharing those opinions, that it can be difficult separating the good information from the bad. That’s why I’m excited to have Neal Bawa on the show today in order to cut through the clutter and give us a clear-eyed perspective on what we can expect.
Neal is not only a real estate expert with a $250 + million portfolio of multifamily, mixed-use and self-storage, but he’s also a technologist who successfully applies data science to his systems and processes. Neal is also the CEO and Founder of Grocapitus and Multifamily University and he’s known as the Mad Scientist of Multifamily.
In our conversation today, Neal is go…
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Mar 16, 2020
EP219 How will Housing Do in the Next Recession? Mike VanderWoude’s Perspective on the past five recessions, the Corona Virus, and the 4-unit he bought from me.
Are we heading into another recession? If so, how will it affect housing and real estate prices? Mike VanderWoude doesn’t have a crystal ball to answer that question, but what he does have is historical data from the previous five recessions to help us understand what might happen. And you’ll probably be as surprised as I was by his answers.
And if you’re wondering what effect the Coronavirus is having on real estate so far, Mike also shares his ‘on-the-ground’ perspective in a quick update at the end of this episode.
Mike is an Associate Broker at Edison Brokers + Co in Grand Rapids, Michigan. He was also a guest on Episode #79 where we discussed his dilapidated & run-down 2-unit that he had purchased and renovated on the West-side of Grand Rapids. It was right next door to a 4-unit that I owned. Since then, Mike has purchased my 4-unit and he’s going to let us know how its working out.
I believe you’ll find great reassurance from Mike in this episode that, based on h…
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Mar 9, 2020
EP218 Shooting the Sacred Emotional Support Cow and Fighting Adverse Legislation with RPOA Lobbyist Tabitha Zimny
What do you do if you have a 'no pet' policy and your tenant decides that they need an Emotional Support Animal. What if that animal happens to be a pig, or a goat, or a bat? Well, as crazy as it sounds, this is happening to landlords and its protected by laws and rental rules.
Part of the RPOA's mission is to fight these types of laws that are adverse to a rental property owner's ability to control the well-being of their property and business.
And helping us fight these laws and pass better ones here in Michigan is Tabitha Zimny, an Associate Lobbyist for Karoub Associates out of Lansing. Also joining us is Clay Powell, the Director of the RPOA of Michigan and Grand Rapids.
Today we're going to discuss legislation having to do with Emotional Support Animals, Short-Term & Vacation Rentals, Rent Control, and the upcoming LLC bill that allows landlords the ability to represent themselves in eviction court even if they own their property through an LLC.
Clay will also be making a spe…
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Mar 2, 2020
EP217 Adding Massive Value and Taking Massive Action to Exponentially Increase Your Success with Rod Khleif
My guest today is Rod Khleif, who many of you know through his popular podcast “Lifetime Cashflow through Real Estate Investing”, or his bestselling book “How To Create Lifetime Cashflow through Multifamily Properties”, or his many Real Estate Training & Multifamily Events that Rod personally teaches every year.
Some of you may even remember that Rod & I both started our respective podcasts in early 2016 within weeks of each other. In fact, we were both guests on each other’s shows with Rod appearing on episode #23 of this show, and I appeared on episode #28 of his.
But what’s shocking to realize is that even though we both started on a level playing field, Rod has completed almost twice as many podcast episodes. While this show has over 800,000 listens, Rod’s show has ten times that many at over 8 Million! This show has 133 ratings & reviews, Rod’s has over 1,100!
On just about every level, Rod has managed to blow away all of the competition.
Not only that, but Rod…
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Feb 24, 2020
EP216 Mitigating Risk Through Self-Storage Investing with Scott Meyers
My guest today is the nation’s leading Self-Storage Investor and trainer. He has bought, developed, and sold over 4,200 units and over 4 million square feet of commercial and self-storage properties.
Of course, I’m talking about Scott Meyers, who’s presentation at our 2019 Annual Conference was such a BIG HIT we’ve decided to bring him back for round two at the 2020 Michigan Landlord & Real Estate Investor Annual Conference & Expo in Grand Rapids, Michigan this February 27th through 29th. Go to www.rpoaonline.org to find out more.
At this week's conference Scott will be sharing the latest strategies in Self Storage Investing:
How to find undervalued deals where nobody else is looking,
How to Convert distressed commercial properties into self-storage,
How to evaluate a good market for self-storage,
And how to fund those self-storage deals.
And in today’s episode we’ll be talking about ways to mitigate risk in the next recession, why Self-Storage will continue to be a…
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Feb 21, 2020
Special Invitation to the RPOA's 2020 Annual Conference
You've heard us talk about it, and you've listened to the episodes with our featured speakers from all over the country. Now its time for you to make the commitment to be there at the "Michigan Landlord & Real Estate Investor Annual Conference & Expo of 2020", happening February 27, 28, & 29 right here in Grand Rapids, Michigan.
In this special episode, Clay Powell and I discuss all of the fantastic featured speakers, breakout sessions, and opportunities for networking with other like-minded investors and vendors. This is an event you don't want to miss!
Go to https://rpoaonline.org/annual-conference/ to register, and we'll look forward to seeing you there!
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Feb 17, 2020
EP215 Renovating for Massive Profits & Passive Wealth Building, and Turning Buy & Hold Real Estate into Vacation Rentals, with Robyn Thompson
Today I’m thrilled to have the “Queen of Rehab”, Robyn Thompson back on the show. Robyn has renovated and sold over 390 properties. She is the nation’s leading expert on buying, renovating and selling homes for huge chunks of cash and has taught thousands of students how to become financially independent.
Robyn will also be a featured speaker at the 2020 Michigan Landlord & Real Estate Investor Annual Conference & Expo in Grand Rapids, Michigan this month, February 27th through 29th of 2020. Go to www.rpoaonline.org to find out more.
Since our last conversation, Robyn has acquired 15 Vacation Rentals in Branson, Missouri and Florida. Robyn will be sharing how she’s integrated her highly successful rehab program into this new buy and hold investment strategy—providing more flexibility for rehabbing for flips or for holds. Robyn will teach you how to map out all of the hurdles, pitfalls and paydays when renovating for profits and building passive wealth!
Robyn will also b…
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Feb 10, 2020
EP214 Wholesaling Best Practices, Investor Mistakes, and Economic Outlook with Vena Jones-Cox
My guest today believes that Wholesaling is the simplest, quickest, lowest risk, and lowest hassle way to make money in real estate today. But you have to know the right strategies for finding properties, attracting buyers, and getting to the close.
That’s why I’m excited to be talking with Vena Jones-Cox, who is also known as 'The Real Estate Goddess'. Vena is a self-described 'Real Estate Geek' who has done it all: landlording, flipping, wholesaling – you name it. Vena does at least 50 real estate deals every year – focusing on finding great deals and then lease-optioning or wholesaling properties to new buyers. She teaches 1,000’s of other investors how to do the same.
Vena is the past president of the Cincinnati REIA, the Ohio REIA, and the National REIA", and she will be a featured speaker at the 2020 Michigan Landlord & Real Estate Investor Annual Conference & Expo in Grand Rapids, Michigan this February 27th through 29th. Go to www.rpoaonline.org to find out more.…
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Feb 3, 2020
EP213 The Hidden Market of Distressed Properties in Your Area, and Tony Young's Persuasive Techniques with Sellers
So many Real Estate Investors that I talk to are frustrated with today's market. Many properties that are listed by agents are receiving multiple offers and sellers are listing at prices too high to make a decent return on investment.
Wouldn't it be nice to know how to find properties for sale that aren't listed anywhere and there's virtually no competition?
Tony Youngs is an expert at finding this Hidden Market of Distressed Properties, and he's back on the show today to tell us how to find these Hidden Gems in your own neighborhood.
Tony was also a guest on episode #50, and he's also returning to Grand Rapids for the RPOA 2020 Annual Conference & Expo, which is happening February 27-29 at the Devos Place Convention Center. Go to www.rpoaonline.org to find out more.
On today's show Tony & I are going to take a deep dive into the conversations he has with sellers, how he approaches them, the phrases and tactics he uses, how he makes his offer, and whether the buyer or seller should…
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Jan 27, 2020
EP212 The Secrets of Raising Private Money, with John Burley
My guest today has over 35 years of investing experience, and he’s personally completed more than 2,000 real estate deals, making hundreds of millions of dollars. He’s a dealmaker, teacher, and walks the talk.
And today, John Burley will be sharing some of his secrets of how he uses other people’s money to do his deals, and how you too, can become an expert in raising private money.
John is going to be a featured speaker at the 2020 Michigan Landlord & Real Estate Investor Annual Conference & Expo in Grand Rapids, Michigan next month, February 27th, through 29th. Go to rpoaonline.org to find out more.
John will reveal The Secrets of Raising Private Money, and the seven simple steps anyone can follow to get money in your pocket now. You’ll learn how to get paid up front, during, and at the end of the deal, and you’ll also learn techniques to help you take control of your financial future using real estate!
And visit our show on Facebook to leave comments and ask questions…
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Jan 20, 2020
EP211 How Buying Notes is the Fastest, Easiest, and Safest Way to Make Huge Profits in Real Estate with Donna Bauer
Note buying is a super-hot investment strategy, and my guest today, Donna Bauer, knows how to do it the right way. She began buying notes 20 years ago as a way to support her four young boys while still remaining a stay-at-home-mom.
Today, she is the nation's most recognized authority on note buying. As the founder and president of NoteBuyer, Inc., her strategies on note buying and short sales have had tremendous results for her student/investors.
Donna will also be a featured speaker at the 2020 Michigan Landlord & Real Estate Investor Annual Conference & Expo in Grand Rapids, Michigan this February 27th, through 29th. Go to www.rpoaonline.org to find out more.
Donna was a guest two years ago and you can listen to episode #106 to learn more about her background and the basics of her strategies. Today we’re going to do a deeper dive into the advantages of buying performing notes, as well as a challenge she recently accepted to deploy $100,000 of SDIRA money to achieve 30% plus ret…
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Jan 13, 2020
EP210 The No-Risk, No-Money-Down Strategy that will put $5k to $10k in Your Bank Account in 30 Days Using Lease Option Strategies, with Jim Aydelotte
What do you do if you don’t have a ton of cash to get into real estate investing? Many people are looking for a way to start investing, but they don’t want to go to banks or hard money lenders. Well my guest today may just have the answer for those investors.
Jim Aydelotte teaches how anyone can put $5,000 to $15,000 in their bank account in 30 days or less using simple techniques that don’t require you to have a lot of cash. Today we’re going to talk about structuring win-win deals in today’s market with Lease Options, and according to Jim, they’re the fastest way to make money in real estate.
Jim is The Lease Option Coach and is a nationally recognized and ultra-successful lease option expert. He coaches hundreds of students all over the country and he will also be a featured speaker at the 2020 Michigan Landlord & Real Estate Investor Annual Conference & Expo in Grand Rapids, Michigan, this February 27th, through 29th. Go to www.rpoaonline.org to find out more.
Today,…
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Jan 6, 2020
EP209 How a Single Mother of 2 Discovered a Way to Increase Her Cash Flow by 4X in Student Housing, with Dixie Decker
After a devastating divorce and bankruptcy, my guest today, a single mother of 2, rebuilt her life through real estate. In the process, she accidentally stumbled upon a unique method for buying and profiting in real estate without using any of her own money or credit.
And In just 3 years, she mastered the process, building her net worth to over $5,000,000 and $100,000 per month in positive cash flow! Today her business runs practically on AUTOPILOT, and she can focus on her family, growing investments, and helping others succeed.
I’m excited to be talking with Dixie Decker, who’s going to be sharing her inspirational story, and how you can get 4 times your cash flow by investing in student housing. We’ll discuss how you can pay market value for a property, and still double, triple, or quadruple the average investors single-family cash flow. Dixie will also discuss her systems for leasing and managing the properties, as well as the difference between single family student housin…
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Dec 30, 2019
EP208 How He Transitioned from Professional Sports Star to Real Estate Entrepreneur, with Mikey Taylor
Mikey Taylor was one of the most recognizable Pro-Skateboarders on the Planet. In his two decades of professional skateboarding he had lucrative sponsorship contracts, merchandise, and seven pro-model shoes. So why would he leave all that behind to become a real estate investor?
Today we're going to find out how professional sports prepared him to become an entrepreneur and principal at Commune Capital where he's committed to assisting the next generation define the New American Dream.
Mikey is going to share how early on his parents provided for his financial education by introducing him to a key mentor. You'll also learn how his successful shoe line(s) prepared him for post-sports success, and how professional sports can push one to the brink of destruction and quite often leaves them unprepared for the aftermath.
We'll also go into detail on the type of real estate investing Mikey has been doing, as well as the fund he's created to increase his investing momentum. It's always fas…
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Dec 23, 2019
EP207 Buy & Hold V.S. Lease Option with Anne Amagrande
Today we're going to discuss the Buy & Hold model and compare it to the Lease Option model with Anne Amagrande. Anne is a serial entrepreneur and owner of Grande AMA & Associates. She's an expert on Real Estate Investing, Generational Wealth, and owning and growing businesses.
Anne will discuss her model of providing lease options that serve both her homeowners and investors, how she times her contracts for maximum tax benefits, and how she structures her investments for passive investors and the returns they typically achieve.
Anne will also be discussing the fear most first-time investors face and how to get past that in order to accomplish your first deal. She'll also discuss the importance of building a team, and who her early mentors were.
Anne is also passionate about financial literacy and has a lot of great information to share for every level of investor. You can contact Anne through linkedin, or email her at anne@amagrande.com
And visit our show on Facebook to leave comme…
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Dec 16, 2019
EP206 Coming to America - An International Perspective on Real Estate Investing in the U.S. with Reed Goossens
In 2011, Reed Goossens quit his job in Australia and moved to the United States to become a Real Estate Investor. He ended up in New York with no job, network or family, all he had was a Gut-Feeling that he could be successful.
Nine years later Reed controls over $150 Million in Commercial Real Estate, is a Best-Selling Author, and hosts a podcast called "Investing In The U.S."
On Today's episode, Reed is going to share how he made it all happen, starting with his first 3-Unit in a low income neighborhood. He'll also share how he found a mentor who set him on the path to success, his perspective on the U.S. Real Estate Market V.S. the rest of the world, and the shifting Return-On-Investment expectations that investors should be realistic about.
Reed has found great success in this country, and I'm excited to have him share his story with you. You can reach Reed through his website: https://www.reedgoossens.com
And visit our show on Facebook to leave comments and ask questions by go…
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Dec 9, 2019
EP205 Guts V.S. Knowledge: How He was able to Leave His Computer Training Business and Find Financial Independence Through Real Estate Investing, with Mark Owens
Mark Owens once owned a successful Computer Training Business, until he left it behind to find Financial Freedom through Real Estate Investing. Now he hasn't earned W-2 Income for over 10 years, and he's been investing in the Baltimore, Maryland area for the past 17 years, growing his portfolio from 1 to over 100 rental units.
Mark has created a lifestyle that allows him to help others invest in Buy & Hold Rentals, and he provides education through investor meet ups, classes, Facebook live, and podcasts like this one.
Today we're going to discuss why Mark has succeeded where others have failed, why he's never made a 'mistake', and the difference between 'going with your Gut', and obtaining the knowledge to be successful.
Mark will also share how he was able to grow his portfolio so quickly, how he hired his team, and how he can 'force' appreciation on residential properties.
I know you'll enjoy this conversation with Mark. There's a lot of great wisdom and advice on becoming a succ…
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Dec 5, 2019
Special RPOA Course Announcement: Rehabbing for Rental and Flipping Profits with Justin Workman
The RPOA teaches a number of excellent courses for all levels of real estate investors and landlords. One of the more unique and specialized courses we teach is called “Rehabbing for Rental and Flipping Profits”, and its taught by Justin Workman, who is in the studio with me today.
Now this course is not your typical overview. It covers everything from A to Z, and includes on-site visits to existing properties for real world cost and labor estimations. Many of you already know that Justin is an experienced investor and licensed builder himself, and he’ll personally be teaching all three sessions of this multi-day course.
If you’re in the Grand Rapids area, or are close enough to drive, you should definitely consider this one-of-a-kind course, which is happening next week, December 9th, 11th, & 13th of 2019 at the Rental Property Owners Association.
To register or get more information, go to www.rpoaonline.org