First Responders Wealth Network Real Estate Investing Podcast

Latest Episodes:

How to add laneway houses and coach houses for more income. Paving the new path for investors with Brady Mcdonald Apr 22, 2021

Show notes

Brady McDonald of BK Real Estate Investing has purchased $60M worth of properties and involved in over $80M dollar's worth of transactions over the years.

In this episode he's going to share with you some of the ways to renovate, purchase, and even add an additional house/dwelling onto your existing property. BRRR, Flipping, buy and hold….we talk about it all. Listen to this podcast and learn how to gain more profit in real estate, and how to stay up to date on new trends and laws being passed, such as new laneway or secondary dwelling rules!

Highlights:

8:03 Converting garages into living space
8:49 Knowing the process well
9:03 Slab on grade/ Maxing out on specific square feet
9:41 Maximizing the return and least amount to build + max amount for renting
9:50 Challenges when connecting to services
10:55 How to make triplex profitable
12:30 Converting existing properties
13:40 Renovation process and construction time frames
17:09 How to market or make campaigns in getting more deals
20:28 What to look for in an acquisition manager
25:15 Using strategies that get leads

Links:

Facebook: Brady McDonald Website: BK investing

IG Handle: @bk.brady

How we are navigating and pivoting during this fear fuelled pandemic with Andrew Hines Apr 12, 2021

Show notes

The effects of this ongoing pandemic has been detrimental to many. However aside from the health and safety concerns abroad, depending on your individual circumstance many have also thrived. Why? And how are you pivoting moving forward?

In this episode, we will be joined by Andrew Hines, a real estate investor and entrepreneur who's currently keeping up with different ways to cope despite the pandemic and lockdowns. Andrew talks about escaping Ontario and living in Florida, and detailing the differences living outside the fear based media.

Real estate still proves to be an anchor for stability and cashflow even during these times. What else can we do to diversify and be proactive?

Highlights:

6:57 Thinking of ways to diversify money in other areas
13:20 Effect of lockdowns on businesses and what happens to small businesses wealth
13:57 Effects of centralized power in small businesses
19:20 Getting outside the fear narrative
21:50 Having money and being able to run the business despite the pandemic
22:30 Looking for potential properties to get in Florida
26:21 Renewed and unrenewed student rentals
26:53 Potential issues on student rentals
29:49 Buying properties that could have different strategies
32:20 Good markets to consider when investing in real estate
34:40 Building your team/finding people you could trust

Links:

Andrew Hines | Real Estate Entrepreneur

Podcast: Andrew Hines

IG handle: @theandrewhines

How to borrow private capital for your real estate projects PLUS what lending for double digit returns can look like Mar 22, 2021

Show notes

Mortgages and finding capital for your projects shouldn't stop you from accomplishing your goals and dreams through real estate.

In this episode, Claire Drage, an experienced and successful broker and CEO of The Windrose Group along with Angie Pettyjohn will share with you their expertise on lending, mortgages, and helping and guiding people towards the best options in financing. PLUS what it takes to become the right borrower, and how to gain wealth in real estate using the proper education from experiences and connections.

Listen to this podcast now and be educated while achieving your end goals.

Highlights:

[6:23] Service for both the borrowers and lenders and ensuring their qualifications
[8:13] Extra security as a lender and some questions to consider for the lender
[9:43] Focusing on the right borrower
[10:45] Understanding the borrower: Time, Money & Expertise
[11:41] Understanding the character and seriousness of the borrower
[12:15] Helping borrowers become successful and knowing their end goal
[19:18] Rates on mortgages
[21:41] Why go on private financing?
[22:13] Profit gain on flips from private financing
[23:23] Maintaining a relationship with the right banks
[26:29] Default rate in lenders

Link:

angie@pjmortgages.com

http://thewindrosegroup.ca/

Access Private and Hard Money Lending in the US with Kendra Rommel Mar 09, 2021

Show notes

In this episode, Kendra Rommel, an asset-based lender from the American Association of Private Lenders will discuss how to access private money for your real estate projects and investments. She will share her expertise on hard money and private money lending and how they differ, plus how it benefits any investor. She will also highlight some important need to knows - when investing in these types of loans.

Highlights:

Documentations needed for international investors
What to look at for a deal/ asset class, location, potential future value,
Difference between hard money and private money 09:36 What hard money is
True Private Money
Lending for first-time investors
Time factor component of investing
Preferrable Domestic rates
Causes of positive and negative loan investments
Surrounding yourself with the right people when investing

Links:

IG: @kendrarommel

FB: @kendrarommel

Website: therommelteam.com

Email: kendra.rommel@civicfs.com

How a cop retired early thanks to financial education, a side hustle & passive investing with Pete Galopoulos Feb 22, 2021

Show notes

"Formal education will make you a living; self-education will make you a fortune." - Jim Rohn

In this episode with Pete Galopoulos, we talk about the importance of financial literacy, and his process on how he became financially free after a decade in policing.

Key Take-aways:

What is Passive investing and how can it multiply your annual cashflow
Investing Passively VS Actively
Saving and Buying Real Estate
Private Lending
Private mortgages and what it looks like
Lending money secured by real estate
Importance of due diligence
Pension plans: knowing pension providers and how it works
Diversifying what you own through different strategies

Books:

Rich Dad, Poor Dad

Total Money Makeover

Simple Wealth, Inevitable Wealth

How to get $10,000 /month rental income in College towns with Ryan Cha Feb 11, 2021

Show notes

In this episode, we are joined by the founder of Newbie Real Estate Investing, Ryan Cha. Ryan is a single-family home expert and a real estate agent for 11 years. Tune in as Ryan shares his expertise in real estate on how to build a portfolio that generates more than $10,000 per month by transitioning single-family rental to college housing.

Highlights:

Investing strategies to double your real estate revenue -How to make a passive income of up to $10,000 per month
Why Real estate is the best way to create generational wealth
What it looks like to transition from doing single-family rental to college rental/college housing
Why knowing your target tenants are important
How to close great deals with tenants
How to move from student tenants into high-quality tenants
Guide for placement and advertising
Best way to address tenant complaints and how to handle it

Link: www.newbierealestateinvesting.com

How a Philly Cop Transitioned into a Full Time Investor Jan 27, 2021

Show notes

In this episode, Dave Knight, together with his valuable guest Karl Schnitzer will talk about how to get started in real eatate, how it works, and how you can earn thousands and even millions over time.

Karl Schnitzer is a former Philadelphia Police Officer having spent most of his time working the road dealing with rough & high crime areas. Karl has shifted in his career and is now a real estate agent and full time investor.

In this episode, he will be sharing his journey on real estate, how he built his financial freedom without compromising his time, having an additional income, and sharing the right mindset when investing a real estate. Learn how to enjoy your wealth while handling time wisely by tuning into this podcast!

Highlights:

VIP Financial Coaching and why you should consider one
The journey of being an ex-cop to becoming a real estate investor
Stepping stones in becoming a real estate investor
What is seller financing and how does it work?
Reinvesting and getting good tenants
The importance of delegating tasks in the business
Having the investor's mindset instead of the consumer's mindset
Investing vs Saving

Links:

IG: @schnitz93

Facebook: Karl Schnitzer

Creative Financing Strategy Breakdown w/ RECoach Chris Prefontaine Dec 12, 2020

Show notes

If you want to connect with Dave, download his Ebook and Audiobook for FREE and then schedule your free strategy call to help you get started. Just go to www.911WealthNetwork.com ALSO, If you like this content, please Subscribe, Rate and Review on iTunes/ApplePodcasts

Real estate investments are always a good thing to consider especially if you want to get a higher profit or a bigger generating income.

In today's episode, Chris Prefontaine-- a 3-time best-selling author of Real Estate on Your Terms, The New Rules of Real Estate Investing, and Moneeka Sawyer's Real Estate Investing for Women. He is also the CEO of SmartRealEstateCoach.com.

Being in real estate for almost 30 years, Chris has become knowledgeable enough in the field and he will share the strategies that would work best in real estate based on what has worked in his own company. Chris will also talk about using virtual assistants in finding leads, email marketing, or even telemarketing.

In this episode, Chris will talk more about creative strategies, finding potential owners, the right business spectrum, and having practical knowledge that would work on real estate and help you in becoming a successful real estate investor.

Highlights:

Real estate as a good choice of investment
The importance of getting leads in real estate using virtual assistants
Different creative strategies in dealing with real estate and what works best
Getting leads through mailing niche, email marketing, and the like
Principal-only payments used in real estate
Niche within a niche, subject-to lease purchases as a good strategy in real estate
Identifying potential clients in buying and selling of properties
Getting better returns without having much capital
Some strategies to get motivated sellers

Links:

https://smartrealestate.com

CBD Oils for First Responders with Kris Liberty Nov 24, 2020

Show notes

Our guest for this episode is Kris Liberty, a U.S. Navy Veteran. Kris is currently a Police Officer in Tennessee by daytime and owner of CBDOPS.com by night.

In this episode, Kris will share with us how he built his CBD oil company, which is specialized for First Responders and Veterans. Kris' company is THC FREE, designed for people with careers and help them relieve their stress and anxiety with these natural remedies.

Highlights:

Kris' history of anxiety and panic attacks and how he found relief with cannabis and eventually led him on building his CBD Oil company
Gambling on his career and facing roadblocks along the way for First Responders to experience treatment and relief that he does
Getting to know the types and differences of CBD Oils; the suitable and beneficial for men in uniforms
The illegal and legal types of CBD Oils in the country
Kris' take on the current movement Black Lives Matter and what he sees in the front lines
Standing for what is right and his belief that not all cops are racist and against the black community
Lapses on both parties; Why the community and its citizens need retraining about our capacity with the supreme court

Links

Website: https://cbdops.com/
Instagram Handle: @cbdops
Facebook Page: https://www.facebook.com/cbdops

CBD Oils for First Responders with Kris Liberty Nov 24, 2020

Show notes

Our guest for this episode is Kris Liberty, a U.S. Navy Veteran. Kris is currently a Police Officer in Tennessee by daytime and owner of CBDOPS.com by night.

Highlights:

Kris' history of anxiety and panic attacks and how he found relief with cannabis and eventually led him on building his CBD Oil company
Gambling on his career and facing roadblocks along the way for First Responders to experience treatment and relief that he does
Getting to know the types and differences of CBD Oils; the suitable and beneficial for men in uniforms
The illegal and legal types of CBD Oils in the country
Kris' take on the current movement Black Lives Matter and what he sees in the front lines
Standing for what is right and his belief that not all cops are racist and against the black community
Lapses on both parties; Why the community and its citizens need retraining about our capacity with the supreme court

Links