Rental Property Owner & Real Estate Investor Podcast

How You Can Help the Hurricane Helene Recovery Efforts Nov 01, 2024

Brian Hamrick here with a special episode for you today that hits very close to home.

I'm joined by Alex Jarbo, who is my partner in a vacation rental resort property located in Asheville, NC.

As many of you are aware, one month ago Asheville was hit by Hurricane Helene and much of the surrounding areas were devastated by wind and thousand year flooding.

Luckily for our property and guests, we sustained zero damage. But our Engadine Inn & Cabins property has since become 'ground zero' for much of the rescue, recovery, and rebuilding effort over the past 30 days and the foreseeable future.

Alex will be sharing his on-the-ground experience hosting and working with Aerial Recovery Group, and the positive impact they've had on the Asheville community, and how you can help as well.

Link to Donate to Help the Recovery Efforts:

https://www.gofundme.com/f/equip-aerial-recovery-volunteers-to-rebuild-wnc-after-helene

Engadine Inn & Cabins:

https://www.engadineinnandcabins.com/

Facebook: https://www.facebook.com/EngadineInnandCabins/

Instagram: https://www.instagram.com/engadineinnandcabins/

Aerial Recovery Group:

https://aerialrecovery.org/

https://www.facebook.com/AerialRecoveryGroup/

https://www.instagram.com/aerialrecoverygroup

Contact Alex Jarbo:

alexjarbousmc@gmail.com

EP461 Her Incredible Real Estate Success Story will Inspire You, with Yamu Camara Oct 28, 2024

My guest today, Yamu Camara, was born and raised in a small village in West Africa where she faced profound loss and hardship from a young age.

But her journey from humble beginnings to entrepreneurial success will definitely inspire you.

Today, Yamu is a CDC Data Scientist and real estate investor. She is the proud manager of 59 rental units, including 18 Airbnb spaces and a self-storage facility. As a mentor, she empowers others to navigate real estate investing and achieve financial freedom, regardless of their background.

Find out more:

www.sobelproperties.com

https://www.instagram.com/buildingwealthfromrentals/

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

Attention real estate investors! Save the date for the Midwest Real Estate Investor Conference, happening April 24-25, 2025, in Grand Rapids, Michigan. This event is the perfect place to connect with fellow investors, gain valuable insights, and elevate your real estate game. With a lineup of expert speakers and numerous networking opportunities, you won't want to miss it.

https://www.midwestreiconference.com

EP460 Investing in Mobile Home Parks and Parking Lots with Kevin Bupp Oct 21, 2024

Today we’re going to be talking about investing in mobile home parks and parking lots with Kevin Bupp.

Kevin is the owner of Sunrise Capital Investors and one of the premier mobile home park investors in the country with over $500 million in real estate transactions and two decades of experience.

Kevin is also the bestselling author of “The Cashflow Investor” and the host of the highly-rated podcast “Real Estate Investing for Cashflow”.

Find out more:

Website: http://sunrisecapitalinvestors.com, http://kevinbupp.com

LinkedIn: https://www.linkedin.com/in/kevinbupp/

Facebook: https://www.facebook.com/RealKevinBupp

Instagram: https://www.instagram.com/buppkevin

YouTube: https://www.youtube.com/c/KevinBupp

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

Attention real estate investors! Save the date for the Midwest Real Estate Investor Conference, happening April 24-25, 2025, in Grand Rapids, Michigan. This event is the perfect place to connect with fellow investors, gain valuable insights, and elevate your real estate game. With a lineup of expert speakers and numerous networking opportunities, you won't want to miss it.

https://www.midwestreiconference.com

EP459 Building Your Wealth through Alternative Assets with Denis Shapiro Oct 14, 2024

A lot of people consider real estate investing to be an alternative form of investment. To traditional stock/bond/mutual fund investors, real estate can seem quite risky and exotic.

But once you enter that space and learn to mitigate those risks and find the profit potential, a whole new world of alternative investments will present themselves. I’m talking about alternative investments such as notes, ATM funds, mobile home parks, life insurance policies, tech start-ups, industrial properties, short-term rentals, and LIHTC affordable housing communities.

Denis Shapiro is the author of “The Alternative Investment Almanac – Expert Insights on Building Personal Wealth in Non-Traditional Ways”, and he’s here today to share his insights from some of the most successful alternative asset investors in the business today.

Find out more:

https://sihcapitalgroup.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

Attention real estate investors! Save the date for the Midwest Real Estate Investor Conference, happening April 24-25, 2025, in Grand Rapids, Michigan. This event is the perfect place to connect with fellow investors, gain valuable insights, and elevate your real estate game. With a lineup of expert speakers and numerous networking opportunities, you won't want to miss it.

https://www.midwestreiconference.com

EP458 Why High Interest Rates Are Good for Investors with Fred SaintAmour Oct 07, 2024

As we are recording this, the Federal Reserve is scheduled to meet over next week and by all accounts, they are expected to lower interest rates for the first time in over four years.

But are lower rates good for real estate investors? My guest today would argue no. And he’s here to tell us why.

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

www.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 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

Attention real estate investors! Save the date for the Midwest Real Estate Investor Conference, happening April 24-25, 2025, in Grand Rapids, Michigan. This event is the perfect place to connect with fellow investors, gain valuable insights, and elevate your real estate game. With a lineup of expert speakers and numerous networking opportunities, you won't want to miss it.

https://www.midwestreiconference.com

EP457 Homeless to 100 Doors with Ray Glymph Sep 30, 2024

Ray Glymph is a successful real estate investor and business coach who knows a lot about triumph in the world of real estate and entrepreneurship, as well as achieving success through self-motivation and determination.

Ray also knows what it means to be homeless and how to overcome great adversity, which he will be sharing with us today.

Ray will also break down his first several deals, and how he went from doing everything to building systems that accelerated his growth.

Find out more:

Follow on social media @rayglymph

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

Attention real estate investors! Save the date for the Midwest Real Estate Investor Conference, happening April 24-25, 2025, in Grand Rapids, Michigan. This event is the perfect place to connect with fellow investors, gain valuable insights, and elevate your real estate game. With a lineup of expert speakers and numerous networking opportunities, you won't want to miss it.

https://www.midwestreiconference.com

EP456 The New Era in Multifamily Investing with Travis Watts Sep 23, 2024

My guest today has been involved with over 50 investments as a limited partner and he’s going to share his perspective on the monumental changes occurring in multifamily and apartment investing.

We’ll be discussing the ups and downs apartment investors have experienced over the past four years, the distress in the market, the common denominators of those who have found success, and the greatest opportunity that’s available right now.

Travis Watts is a multifamily apartment investor, public speaker, and the Director of Investor Development at Ashcroft Capital. He dedicates his time to educating investors in commercial real estate.

Find out more:

Free 15-Min Call: www.speakwithtravis.com

Instagram: https://www.instagram.com/passiveinvestortips

Facebook: https://www.facebook.com/passiveinvestortips

LinkedIn: https://www.linkedin.com/in/traviswatts1234

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

Attention real estate investors! Save the date for the Midwest Real Estate Investor Conference, happening April 24-25, 2025, in Grand Rapids, Michigan. This event is the perfect place to connect with fellow investors, gain valuable insights, and elevate your real estate game. With a lineup of expert speakers and numerous networking opportunities, you won't want to miss it.

https://www.midwestreiconference.com

EP455 Expert Insight into Commercial Real Estate Asset Classes with Bill Himmelstein Sep 16, 2024

My guest today has been a commercial broker for over 23 years, representing businesses as they lease, buy, and sell office, industrial, medical, cannabis and retail space.

He’s also part of a team developing over $150M in hotels across the country, and today he’s going to delve into the dynamic world of commercial real estate and share his unique perspective and insights on leasing and investing in today’s market. Bill will share his favorite asset classes and reveal the ones that are struggling.

Bill Himmelstein has been featured in magazines, won numerous awards, and is a seasoned real estate investor.

Find out more:

www.tagcommercialbroker.com

Bill@tagcommercialbroker.com

773-220-8910

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

Attention real estate investors! Save the date for the Midwest Real Estate Investor Conference, happening April 24-25, 2025, in Grand Rapids, Michigan. This event is the perfect place to connect with fellow investors, gain valuable insights, and elevate your real estate game. With a lineup of expert speakers and numerous networking opportunities, you won't want to miss it.

https://www.midwestreiconference.com

EP454 Don’t Let Squatters Steal Your House with George McCleary Sep 09, 2024

My guest today is an expert on squatters and how to prevent, detect, and eject them.

You may have seen his viral video “I Stole a House” which details how squatters exploit the system for illicit financial gain. It got tens of millions of views across all platforms, and led him to be a guest on Dr. Phil and NewsNation, as well as features on Fox News and Joe Rogan.

George McCleary is here today to discuss the squatting epidemic, as well as related crimes like deed fraud. Both are hot-button issues that affect all homeowners and rental property owners nationwide, and not just in liberal jurisdictions.

Special Links:

www.titlefrauddefender.com - title monitoring starting at $2.25/month www.squatterdefender.com - $199 online course Promo code: RPOAM

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

Attention real estate investors! Save the date for the Midwest Real Estate Investor Conference, happening April 24-25, 2025, in Grand Rapids, Michigan. This event is the perfect place to connect with fellow investors, gain valuable insights, and elevate your real estate game. With a lineup of expert speakers and numerous networking opportunities, you won't want to miss it.

https://www.midwestreiconference.com

EP453 How to Build a $300 Million Apartment Portfolio with the Kitti Sisters Sep 02, 2024

My guests today started with $2,000 in their bank account and turned that into a $300 million multifamily apartment portfolio.

Palmy and Nancy Kitti are here today to delve into the behind-the-scenes secrets of their wealth building strategy. We discuss how important fundraising is to their success, and discuss a major setback they encountered early in their entrepreneurial career.

Find out more:

jumpstartapartments.com

dailyinvestorleadflow.com/opt-in

Instagram: instagram.com/thekittisisters

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

EP452 Real Estate Tax Strategies You’ve Never Heard Before with Shauna The Tax Goddess Aug 26, 2024

It always amazes me how many real estate investors are still doing their own year-end taxes, or they’re working with a tax preparer who doesn’t specialize in real estate.

While hiring an expert to do your taxes can be expensive, it’s much preferable to the alternative, which is not maximizing the powerful tax benefits you receive from investing in real estate.

My guest today is a profit first accountant who has saved her clients over $1 billion in taxes.

Shauna The Tax Goddess is going to share the top tax saving strategies for real estate investors. We’ll be discussing cost segregation, real estate professional status, and the differences between short-term rental and long-term rental taxation.

Shauna is also going to share some strategies that many investors aren’t even aware of, such as paying your children, renting out your personal residence for less than 14 days tax-free, and writing off your dog.

Find out more:

Phone number: 602-357-3275

taxgoddess.com

To book a call, here is the link to the growth team: taxgoddess.com/growth-team

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

EP451 Building Lender Relationships with Bobby Fisher Aug 19, 2024

As a real estate investor you may have noticed that it has gotten a lot more difficult to acquire financing for your projects. That’s why it’s so important to build your lender relationships. Often, it is these relationships that will help you find creative and workable solutions for sourcing and maintaining your loans.

Today, I’m thrilled to speak with Bobby Fisher, who has helped me source many of my loans under some challenging circumstances.

Bobby is a top West Michigan area commercial loan producer and has expansive experience in commercial real estate and commercial real estate development lending. He’s also the Vice President of Commercial Loans at West Shore Bank.

Today we discuss how lenders perceive investment opportunities, why it’s so important to cultivate your lender relationships early, and the importance of creativity in structuring a loan.

Find out more:

https://www.westshorebank.com

bobbyf@westshorebank.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

EP450 Scaling Your Investment Strategies with Apartments Aug 12, 2024

This apartment investing panel discussion was recorded live at the 2024 Midwest Real Estate Investor Conference sponsored by the RPOA.

Thanks for joining us today on this apartment investing panel discussion where we will be exploring the unique challenges and opportunities associated with multifamily and apartment investing.

You’ll be hearing from three panelists who own, operate and asset manage apartments, and we’ll be offering practical insights on maximizing returns, managing risks, and scaling your portfolio effectively.

Now, let’s meet our panel.

Anthony Chara is a seasoned real estate investor with over 22 years of experience. He has owned or managed several successful multi-million dollar companies during that period, and owns and/or has syndicated approximately 1,600 apartment units around the country. He has also mentored several thousand aspiring real estate investors.

Nick Wyma is the Director of Property Management with Wyma Properties and Lakeside Real Estate Services, which owns and manages over 250 doors.

He’s been investing for 12 years in B-class apartment communities, single-family homes, and commercial buildings. Multifamily is hands-down his favorite asset class.

Nick is also a 3rd generation RPOA member and the current RPOA President.

Allison Koetsier is an Associate Broker with Compass Realty Services and has been a real estate owner and investor for over 20 years.

She owns just under 100 B & C class units including single families, small multi's and smaller apartment complexes.

Allison is also the #1 seller of multifamily properties as a realtor in greater Grand Rapids over the past 15 years.

EP449 Why He’s Doubling Down on Buying Office Buildings with Scott Sherman Aug 05, 2024

There seems to be a lot of fear in the commercial real estate world about the amount of distress in commercial office buildings. In San Francisco, a Market Street tower that was purchased for $62 million in 2016 was recently sold for $6.6 million. That’s a 90% haircut!

But where many see distress and ruin, my guest today sees opportunity.

Scott Sherman of Torose Equities is actively acquiring office buildings and retail spaces at a time when many are hesitant to do so.

Scott is here today to discuss his strategy for identifying, buying and financing distressed trophy assets in the office and retail space in high-entry barrier markets such as Miami, Tampa, and other US cities.

Find out more:

https://toroseequities.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

EP448 Why Real Estate Development is the Next Big Thing in Real Estate Investing with Darcy Marler Jul 29, 2024

Today we’re going to talk about real estate development and how you might benefit from this strategy.

Darcy Marler is the author of “Land Development as a Profitable Investment” and he’s here today to share why he believes development is the NEXT BIG THING in real estate investing.

Darcy is a seasoned professional with over 22 years of diverse real estate experience. He’s done everything including small to large land development projects, short- and long-term rentals, and successful fix-and-flip ventures.

Find out more:

www.darcymarler.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

EP447 Boost Your ROI: Submetering Your Rentals with Kelly Koontz Jul 22, 2024

One of the biggest expenses in owning rental property is the cost of utilities—electric, gas, water, sewer and trash.

The better we understand these costs and how to control them, the greater our profit potential can be.

Often, tenants are responsible for paying their own utilities, but many owners pay these costs on behalf of the tenants because of how the systems are split and billed by the various providers.

Today, we discuss how owners can maximize ROI through submetering (the practice of installing individual meters for utilities (such as water, electricity, or gas) in rental units or properties) and utility billing with Kelly Koontz, President of Submeter Solutions.

Find out more:

submetersolutions.com/podcast

sales@submetersolutions.com

(425) 228-6831

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

EP446 A Simple Roadmap to Purchasing Investment Properties with Steven Andrews Jul 15, 2024

My guest today was $75,000 in debt when he first used his credit card to purchase his first rental property. Today, he owns and manages hundreds of properties through his virtual management company.

Steven Andrews just released his book “The New American Dream: A Simple Roadmap to Purchasing Investment Properties” and he’s here today to share his key steps to jumpstart your real estate business, scale your investments, and avoid common pitfalls.

Today we discuss why TODAY is the right time to jumpstart your real estate business, as well as essential tips for overcoming challenges, fears, and self-doubt.

Steven also shares the 6 questions you need to ask yourself before entering into real estate partnerships, the top 3 creative methods for financing your properties and your dreams, and the top 4 things you need to know about local ordinances, codes, and procedures before getting into the rental business.

Steven also talks about his half-million-dollar giveaway and how you might be able to participate.

Find out more:

www.soarxconsulting.com

Facebook

Instagram

Giveaway Link: https://shop.soarxconsulting.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

EP445 He Made $100,000 in High School by Wholesaling with Brock Holliman Jul 08, 2024

My guest today got his start in real estate as a high school student attending foreclosure auctions at the courthouse steps in Memphis, TN.

Since then, he’s completed over 1,000 real estate transactions worth over $250 million including wholesales, flips, new builds, custom homes, vacant land and just about anything else you can imagine.

Brock Holliman is here today to discuss his career as well as his current “Build 2 Rent” strategy. Brock will share his strategy of building new homes both for retail buyers and renters.

Find out more:

Instagram: @follow.brock

Facebook: @follow.brock

https://www.mynewrental.com/invest

https://www.brock1.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

EP444 Investing in Mobile Home Communities with Sam Hales Jul 01, 2024

My guest today believes that mobile home communities are a vital part of the solution to today’s housing affordability crisis.

Sam Hales is the Founder of Saratoga Group, which has over $300 million in assets under management.

Saratoga Group was founded in 2011 and is exclusively focused on the purchase, revitalization, and operation of mobile home communities.

Today, Sam discusses the benefits of investing in manufactured housing, and the steps he took to vertically integrate his growing company.

Find out more:

invest@saratogagroup.com

www.saratogagroup.com

sam@saratogagroup.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

EP443 Double-Digit Returns Through Tax Lien Investing with Angela Duncan Jun 24, 2024

My guest today has figured out a way to generate double-digit returns through tax lien investing. She’s also had a lot of success with short-term notes and will be sharing her secrets with us today.

Angela Duncan has been a force in the personal finance, banking, and real estate business for over 25 years. As an owner of a RE/MAX office, her team did over $2 billion in sales.

Angela now hosts the top-rated “Empower HER Money Podcast” where she proves that it’s never too late to rewrite your financial story.

Today Angela will be explaining the ins and outs of tax lien investing: where to find them, how to vet them, and why all other liens, including the mortgage, are subordinate to them.

Find out more:

https://linktr.ee/empowerhermoney

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

EP442 Megatrends in Real Estate Investing with Kurt Carlton Jun 17, 2024

Today we’re going to talk about some of the major trends that will affect real estate investing over the next decade.

We all know there’s a housing shortage in the U.S., but how does this offer local investors a special advantage? Demographics play an important role, with Gen Z leading a youth movement that has created a visible shift in the market.

With over 15 million vacant homes in this country, could those properties help solve the housing shortage? If so, how can investors get access to them?

We’ll be discussing these topics and trends today with Kurt Carlton, the Co-Founder and President of New Western - the largest home buyer in the United States.

Find out more:

Kurt Carlton LinkedIn: https://www.linkedin.com/in/kurtcarlton/

New Western: https://www.newwestern.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

EP441 Financial Freedom by Spending Just One Hour a Day on Real Estate with Sharad Mehta Jun 10, 2024

My guest today is a real estate investor with over 700 closed deals under his belt. He primarily invests in single-family homes, and his superpower is being able to manage his entire real estate business and property management business by spending only one hour or less per day virtually.

Sharad Mehta is the Founder and CEO at Max Properties and REsimpli. He owns over 50 free and clear rental properties, flips as many per year from out of state, owns a property management company, and is skilled at hiring team members to build a scalable real estate investing business.

Today we’re going to find out how he does it.

Find out more:

https://resimpli.com

https://instagram.com/resimpli

https://facebook.com/resimpli

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

EP440 Zombie Loans Are Back with Shante Duffy Jun 03, 2024

After the housing crash in 2008, millions of struggling homeowners asked for loan modifications with their lenders. Many of these homeowners were relieved to find out that their lender was willing to forgive their 2nd mortgage as part of the modification process.

That was all well and good, and it saved borrowers hundreds, if not thousands, in monthly payments.

But now those loans are coming back to haunt them, and the investment groups that bought up those loans for pennies on the dollar are foreclosing on them in order to sell the property at a profit.

There are few people who understand this strategy better than my guest today. Shante Duffy is a trusted expert in the note space, and she’s going to help us understand this strategy from the investor’s point of view and offer suggestions to homeowners who might find themselves in this situation.

Find out more:

NPR article link: https://www.npr.org/2024/05/10/1197959049/zombie-second-mortgages-homeowners-foreclosure

shanteduffy@outlook.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

EP439 What the Next Ten Years in REI Looks Like with Nic DeAngelo May 27, 2024

My guest today has two foundational beliefs – Wall Street is broken and real estate is the cure, and economics tells the future.

Nic DeAngelo asset manages a $206 million portfolio and fuses economic foresight and real estate knowledge to drive his strategy of acquiring institutional-grade real estate assets across 20 states.

Today Nic is going to share his perspective on the upcoming inflation decade, the U.S. dollar’s future, and AI’s transformative investing power.

Find out more:

https://saintinvestment.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

EP438 Investing In Boutique Hotels and Resorts with Jeremy Garcia and Alex Jarbo May 20, 2024

We recorded this exciting panel on boutique hotels and resorts at the recent 2024 Midwest Real Estate Investor Conference.

As the host of this podcast, Brian Hamrick doesn’t often have the opportunity to discuss his own investments. But today he sits down with two of his partners to share how they’ve been applying the short-term rental model to recent acquisitions of a boutique hotel and several resorts, along with the challenges faced, and the strategies employed to find success.

Jeremy Garcia and his wife Melanie own quite a few vacation rentals in Muskegon Michigan, and several years ago we partnered on building out an 8-unit boutique hotel in downtown Muskegon. We also acquired a 7-cabin, 3-house resort in North Muskegon with beautiful Lake Michigan frontage.

And we’ve started our own short-term rental property management company called DreamStay – go to www.bookdreamstay.com

Alex Jarbo lives in Asheville, North Carolina and is a writer on short-term rentals for Bigger Pockets.

Several years ago, Alex was on the Rental Property Owner & Real Estate Investor podcast talking about his short-term rental A-frames. Brian and Alex kept in touch after recording that episode, and in 2022 Alex got an amazing resort under contract just outside of Asheville with six cabins and a 6-bed, 6-bath Victorian house on 11 acres that can also serve as an event location for weddings and other gatherings.

You can check that property out at www.engadineInn.com.

Find out more:

www.bookdreamstay.com

www.engadineinn.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

EP437 Mid-Year Economic Update with Dr. Paul Isely May 13, 2024

Everyone is paying close attention to the Federal Reserve and wondering when they will begin lowering interest rates.

The lower-than-expected jobs report from two weeks ago certainly got people excited, but inflation is still being stubborn.

What is really going on with our economy, and how can we cut through the noise of the popular media and focus on the data that really matters?

In economic times of doubt, it helps to have Dr. Paul Isely make sense of what’s really going on and what we should be paying attention to.

Paul is the Associate Dean and Economist for Undergraduate Programs in the Seidman College of Business at Grand Valley State University. He may not always tell us what we want to hear, but when he speaks, everyone listens.

Today we'll discuss interest rates, inflation, Climate Migration, West Michigan, AI Robots and the upcoming demographic cliff.

On Wednesday, August 7th, Paul Isely will be joining us for an in-person luncheon event to dive deeper into how these and other factors are transforming the real estate landscape in West Michigan and beyond, presenting new challenges and opportunities for investors.

Click here to register.

Find out more:

LinkedIn: Paul Isely

https://www.gvsu.edu/seidman/

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

EP436 From Homeless to $100M with Dustin Gutkowski May 06, 2024

My guest today was able to overcome incredible challenges to build a $100 million roofing company, and today he shares his inspirational story.

Dustin Gutkowski overcame homelessness at the age of 14 and went on to build a business empire with Results Roofing, reaching an astonishing $100 million in just four years.

Dustin’s guiding principle, "Impact Over Income" reflects not only in his business success but also in the lives he has positively influenced.

Find out more:

Instagram: @dustingutkowskiRR

Facebook: @dustingutkowski

YouTube: Dustin Gutkowski

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

EP435 Triple Your Rental Income with Student Housing with Ryan Chaw Apr 29, 2024

My guest today became a millionaire at the age of 28 by cracking the code on student housing.

Ryan Chaw figured out how to double and triple his rental income with his co-living and student housing investment model while working a full-time job.

Now, after acquiring fifteen properties he has been able to fully replace his pharmacist’s salary with his rental cash flow.

Find out more:

www.newbierealestateinvesting.com/guide

https://www.youtube.com/@ryanchaw1

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

EP434 From $20 in His Pocket to a $35 Million Portfolio With Jason Engelman Apr 22, 2024

When it comes to real estate investing, there are two types of investors – those who choose to actively find, fund, and manage their portfolio, and those who prefer to take a more passive role and let other professionals handle the work and time commitment.

My guest today has taken on a more active role in buying properties to rehab and rent, while creating opportunities for investors to generate passive income.

Jason Engelman is the CEO of Freaky Fast Home Buyers & Investments, which currently manages $35 million in assets in six different states including Georgia, Texas, and Ohio.

Find out more:

Check out our website!

www.freakyfastinvestments.com

If you would like more information, use the form below and our investor relations team will be sure to reach out.

https://forms.monday.com/forms/9f4da2e9f9d915d92cf0b1807429de49?r=use1

To message our team directly, send us an email to:

info@freakyfasthomebuyers.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

EP433 Foundation Repair Secrets with RK Bob Brown Apr 15, 2024

My guest today is concerned with the structural integrity of your home and your rental properties.

RK Bob Brown is known as “The Dirt Whisperer”, and he’s renowned for his deep understanding of foundations and his ability to address complex issues with ease.

Bob is also the author of the book "Foundation Repair Secrets: Learn How to Protect Yourself and Save Thousands."

Bob’s wisdom centers around empowering owners with the knowledge and tools necessary to maintain the structural integrity of their properties.

Find out more:

https://foundationrepairsecrets.com/

Foundation Repair Secrets (book)

Social media @Dirt Whisperer

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

EP432 Navigating Foreclosures with DJ Olojo Apr 08, 2024

My guest today is an expert in foreclosures and will be sharing tips on how you can craft a foreclosure strategy when working with owners who find themselves in that distressing situation.

DJ Olojo is a real estate investor, realtor, and author of the book “The Foreclosure Fix: 12 Proven Steps to Beat the Bank, Escape Foreclosure, and Turn Your Property into a Profitable Asset”.

Based in Atlanta, DJ has a mission to help one million homeowners navigate foreclosure. Today he’s shares how he works with homeowners who are in foreclosure and negotiates with their lender to help them out. DJ also purchases the note and becomes the lender himself.

Find out more:

www.theforeclosurefix.com

https://www.linkedin.com/in/djolojo/

https://www.facebook.com/Djolojo/

https://twitter.com/dj_olojo

https://www.instagram.com/dj_olojo/

https://www.youtube.com/@TheForeclosureFix

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

EP431 What Does Multifamily Success Look Like? With Gino Barbaro Apr 01, 2024

Many of you know my guest today from the incredibly popular Real Estate Podcast the “Jake & Gino Show”.

Gino Barbaro has over 2,000 multifamily units and $250 million in assets under management. He’s also a best-selling author of three books, and with his partner Jake, they’ve helped their students close on over 68,000 units & $4 billion in deal volume.

Gino was last on the show in 2018, and shares an incredible update on how his business and goals have changed in the past six years.

Find out more:

https://jakeandgino.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

EP430 Save Money on Your Real Estate Taxes with Cost Segregation and Energy Credits with Erik Oliver Mar 25, 2024

As real estate investors, we are always looking for ways to save on our yearly IRS tax bill, and cost segregation is one of the most powerful methods available to us.

Today we have Erik Oliver from Cost Segregation Authority on the show.

Erik will be explaining how you can leverage cost segregation to save on your taxes, as well as energy credits that you need to be aware of. The concepts Erik explains in this episode are very powerful and will save you money.

Find out more:

https://costsegauthority.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

EP429 Investing in Detroit and Owning a FedEx Route with Ramond Harris and Justin Workman Mar 18, 2024

The Midwest REI Conference was a huge success and we were 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, #225 & #334 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 2024 Midwest Real Estate Investor Conference in Grand Rapids where we were joined by Justin Workman for an exciting mastermind session to discuss his real estate businesses as well as his FedEx routes and new business prospects on the horizon.

For those of you who remember Ramond from past episodes, I know you’ll be incredibly impressed by his progress and experience. You can contact Ramond through email at ramond.harris@yahoo.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

EP428 Why You Should Consider Buying a Franchise with Lance Graulich Mar 11, 2024

Today we’re going to talk about franchising. In simple terms, franchising is a business in which the owner licenses the operations, products, branding and knowledge in exchange for a franchise fee.

Many real estate investors are also drawn to franchising because of it’s entrepreneurial aspects and the ability to create passive income and financial freedom.

And my guest today, Lance Graulich, is considered the “King of Franchising”. Lance has over 25 years of experience with companies such as TGI Fridays, Wingstop, Krispy Kreme Doughnuts, and Pinkbox Doughnuts in Las Vegas.

Lance also hosts the popular podcast “Eye on Franchising”.

Find out more:

https://www.zorakle.net/assessment/welcome/ionfranchising

Instagram: @lance.graulich

All other platforms: Lance Graulich

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

EP427 Choosing the Best Heating and Cooling (HVAC) System for Your Property with Howard Bynder Mar 04, 2024

Anyone who owns rental property can tell you that one of the systems you must pay attention to is your heating and air conditioning system—commonly referred to as your HVAC system.

Today we talk with an expert on HVAC systems who shares practical tips for choosing the right one for your property, finding the best HVAC contractor, and rebates and incentives that might be available in your area.

Howard Bynder is the Founder of The Bee Heat and AC, a well-known Colorado-based HVAC company focused on an educational, zero-pressure approach to helping homeowners get the best and most reliable HVAC system for their homes.

Find out more:

https://youtube.com/thehvacdopeshow

www.thebeehvac.com

877-6THE BEE

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

EP426 How Build-to-Rent is Solving the Housing Crisis with Bethany Finch Feb 26, 2024

Today we’re going to discuss the build-to-rent model.

Build-to-rent, also known as BTR, is an emerging trend that has been gaining significant traction in recent years. It involves the construction of purpose-built residential properties with the sole intention of renting them out to tenants rather than selling them as individual units. This innovative approach to housing offers numerous advantages for both investors and tenants alike.

And here to discuss the BTR model is Bethany Finch of American Made Home Solutions.

Find out more:

https://americanmadehomesolutions.ac-page.com/btr-ebook

LinkedIn: https://www.linkedin.com/in/bethany-finch-amhs/

Facebook: https://www.facebook.com/AmericanMadeHomeSolutions

LinkedIn: https://www.linkedin.com/company/american-made-home-solutions

Instagram: https://www.instagram.com/americanmadehomesolutions/

YouTube: https://www.youtube.com/c/AmericanMadeHomeSolutions

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

RPOA Special Speaker Announcement – Ryan Kilpatrick Feb 22, 2024

We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held TODAY and TOMORROW - February 22nd through 23rd - right here in Grand Rapids, Michigan at the Devos Place conference center.

This is The Must-Attend Two-Day event for Real Estate Investors at all levels!

And I have a special speaker announcement to make today. If you’re investing in Grand Rapids and West Michigan, you definitely don’t want to miss this one!

Ryan Kilpatrick from Flywheel Community Development Services will be presenting on “Opportunities for Housing Growth in West Michigan”

Ryan’s presentation will be tomorrow, Friday, February 23rd at 4 pm.

Once again you don’t want to miss the 2024 Midwest Real Estate Investor Conference, which is being held TODAY and TOMORROW, February 22nd through 23rd here in Grand Rapids, Michigan at the Devos Place conference center.

You can go to www.midwestREIconference.com to get your tickets and find out more. You can also purchase tickets at the door. We're on the 2nd floor adjacent to the Grand River.

See you there!

EP425 How to Invest in Laundromats with Sam Wilson Feb 19, 2024

Today we’re going to talk about investing in laundry facilities. This is a unique asset class with a huge potential for success, yet few understand how to gain entry into this type of investment.

Sam Wilson has been an active investor for more than a decade in self storage, parking, multifamily properties/apartments, single family homes and RV resorts. His focus now is solely in the laundry facility space.

Sam is the CEO of Bricken Investment Group and the host of the daily podcast “How To Scale Commercial Real Estate”.

Find out more:

brickeninvestmentgroup.com

or check out Sam's Podcast "How to Scale Commercial Real Estate"

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

RPOA Special Speaker Announcement - Maria Giordano Feb 16, 2024

We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the Devos Place conference center.

This is The Must-Attend Two-Day event for Real Estate Investors at all levels!

Maria Giordano will be our featured speaker on “Investing with NO Limits”. This presentation will be for those of you who are struggling to navigate the real estate market but you can’t seem to find the right deal.

Maria’s presentation will be Thursday, February 22nd at 4pm

Once again you don’t want to miss the 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the Devos Place conference center.

You can go to www.midwestREIconference.com to get your tickets and find out more.

RPOA Special Speaker Announcement - Katie Johnson Feb 15, 2024

Hello everyone, we have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the Devos Place conference center.

This is The Must-Attend Two-Day event for Real Estate Investors at all levels!

Katie Johnson will be featured in our special Short-Term Rental panel called “The Banning of Short-Term Rentals…From the Beginning to the End”. If you’ve been paying attention to the controversy surrounding short-term rentals in West Michigan, then you definitely don’t want to miss this panel.

Katie’s panel on Short-Term Rental Regulation will be Friday, February 23rd at 1:30pm.

Once again you don’t want to miss the 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the Devos Place conference center.

You can go to www.midwestREIconference.com to get your tickets and find out more.

EP424 Where to Find Apartment Loans That Pencil Out With Maxwell Wu Feb 12, 2024

One of the consequences of the rapid rise in interest rates over the past year and a half, has been the difficulty in finding suitable loans for commercial real estate. There’s just not enough funds available at terms that pencil out.

My guest today is going to help us make sense of the commercial real estate lending options that are currently available, and how he’s seeing deals getting done in today’s environment. He’ll also share his perspectives on market cycles in multifamily and commercial real estate.

Maxwell Wu is the CEO and Co-Founder of Fulcrum Lending Corporation, a digital lender for the modern investor. Maxwell has managed and underwritten billions of dollars in commercial real estate.

Find out more:

https://www.fulcrumlendingcorp.com/

https://www.linkedin.com/in/maxwelljwu/

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

RPOA Special Speaker Announcement - Kate Stoermer Feb 08, 2024

We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the Devos Place conference center.

This is The Must-Attend Two-Day event for Real Estate Investors at all levels!

Kate Stoermer will be leading a special breakout session for Short-Term Rental Investors called “State of the State: A Data-Driven Analysis of the Short-Term Rental Market”.

Plus, Kate will be joining the round-table discussion on Short-Term Rental Management Strategies.

Kate’s Round-Table discussion on Short-Term Rental Property Management will be Thursday, February 22ndat 4pm. Kate’s State of the State: Data-Driven Analysis of the Short-Term Rental Market will be Friday, February 23rd at 9am.

Once again you don’t want to miss the 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the Devos Place conference center.

You can go to www.midwestREIconference.com to get your tickets and find out more.

EP423 What is Preferred Equity with Paul Moore Feb 05, 2024

Over the past year and a half, the unprecedented rise in interest rates has had many ripple effects across the commercial real estate investing world. These ripple effects have put many investments that were made in the past two to three years in jeopardy.

Today we discuss those ripple effects and how preferred equity is being used to bolster the capital stack on new acquisitions or provide rescue funds for projects that are struggling due to increased costs.

And I can think of no better person to help us make sense of this than friend of the show Paul Moore. You’ve seen Paul’s articles on Bigger Pockets, and he’s been on the show many times. Today Paul talks about preferred equity, and how it’s being used to bring additional funds into many different types of projects.

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

RPOA Special Speaker Announcement – Scott Meyers Feb 01, 2024

We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the Devos Place conference center.

This is The Must-Attend Two-Day event for Real Estate Investors at all levels!

And I have a special speaker announcement to make today.

Scott Meyers will be our featured speaker on “Self-Storage Investing: Proven Strategies for Success”

Scott will be speaking Thursday, February 22 at 4 pm. And you definitely don’t want to miss his presentation.

You can go to www.midwestREIconference.com to get your tickets and find out more.

EP422 What to do When You Get a Capital Call with Aleksey Chernobelskiy Jan 29, 2024

Many real estate investors prefer to be passive and avoid the many responsibilities of owning and managing properties. You can do this by becoming a limited partner in a syndication, which affords you the tax benefits and profit participation of owning real estate, without the headaches of actually taking care of the investment.

But investing in a syndication as a limited partner can be a daunting task. How do you know if you can trust the operator, understand the asset class, or even make a profit when all is said and done.

My guest today advises limited partners on existing and future investments, and today he’s going to help us understand how to properly vet LP investments in the grand scheme of our portfolios.

Aleksey Chernobelskiy has underwritten and overseen $10 billion in commercial real estate portfolios in his previous position with STORE Capital.

Lately, Aleksey has had many conversations with limited partner investors who are receiving capital calls from their sponsors. We’re going to discuss how he advises his clients to respond.

Find out more:

https://lplessons.substack.com/p/top-15-syndication-mistakes

LinkedIn: https://www.linkedin.com/in/chernobelskiy/

Twitter: https://twitter.com/chernobelskiy

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

RPOA Special Speaker Announcement – Jonathan Mast Jan 25, 2024

We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the Devos Place conference center.

This is The Must-Attend Two-Day event for Real Estate Investors at all levels!

And I have a special speaker announcement to make today.

Jonathan Mast will be our featured speaker on Artificial Intelligence and his topic will be “Smart Investing: Maximizing AI’s impact on Short-Term Vacation Rental Investing”

Jonathan will be a featured speaker on Thursday, February 22 at 9 am. He’ll also be presenting earlier that morning at 8am on “AI for Housing Providers and Investors”

Come get your double-shot of AI that morning with Jonathan!

You can go to www.midwestREIconference.com to get your tickets and find out more.

EP421 How Real Estate Investor Rod Khleif Recovered from a $50 Million Loss During the Great Recession Jan 22, 2024

Rod Khleif is back on the show today. For those of you who don’t know Rod, he owns multiple businesses, he’s a philanthropist, and he’s passionate about multifamily real estate, business, high performance strategies, and giving back.

Rod owns over 2,000 properties and has an incredibly popular multifamily bootcamp and podcast.

Today Rod shares his outlook on multifamily investing in 2024. Even though he’s expecting more distress, he’s also looking for incredible opportunities.

During the Great Recession Rod lost over $50 million dollars, and he’s going to highlight the specific steps he took to get it all back – and more. These are lessons that everyone can benefit from and put into action right away.

Find out more:

www.rodslinks.com

Website: http://Rodkhleif.com

LinkedIn: Rod Khleif - https://www.linkedin.com/in/rodkhleif/

Twitter: @RodKhleif - https://twitter.com/RodKhleif

Instagram: @Rod_Khleif - https://www.instagram.com/rod_khleif/

Facebook: Rod Khleif Official - https://www.facebook.com/rodkhleifofficial/

YouTube: https://www.youtube.com/RodKhleif

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

RPOA Special Speaker Announcement – Adrian Smude Jan 18, 2024

We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the Devos Place conference center.

This is The Must-Attend Two-Day event for Real Estate Investors at all levels!

And I have a special speaker announcement to make today.

Adrian Smude will be our featured speaker on “Wheels of Fortune—Cashing in on Mobile Home Investing”

Adrian will be speaking Thursday, February 22 at 10:30 am. And you definitely don’t want to miss his presentation.

You can go to www.midwestREIconference.com to get your tickets and find out more.

EP420 Multifamily, NLP, and Joint Ventures vs. Syndications with Jen and Stacy Conkey Jan 15, 2024

My guests today have developed their own unique systems and formulas for investing in multifamily, and today they’re going to discuss joint ventures vs. syndications, the three core roles of multifamily investing, and their five cornerstones of a thriving multifamily business.

Jen and Stacy Conkey have over two decades of investment experience and are the founders of Remote Multifamily Investing Academy. They’re also co-authors of the book “Multifamily Freedom Hacking” which is available on Amazon.

Jen is also an NLP Master Practitioner and business strategist, and she’ll be sharing her fascinating insights on neuro-linguistic programming and how you can leverage NLP as a real estate investor.

Find out more:

YouTube channel:

https://www.youtube.com/c/MultiFamilyRealEstateInvesting

Facebook - Jen Conkey:

https://www.facebook.com/jennifer.conkey

Facebook - Stacy Rose Conkey:

https://www.facebook.com/stacy.conkey

Live Events: www.wowcon.com

Website: www.rmfiacademy.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

RPOA Special Speaker Announcement – Alex Jarbo Jan 11, 2024

We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the DeVos Place conference center.

This is the must-attend two-day event for real estate investors at all levels!

And I have a special speaker announcement to make today.

BiggerPockets contributor Alex Jarbo will be our featured speaker on “The Future of Hospitality Management in the Short-Term and Vacation Rental Space” on Thursday, February 22nd at 1:30pm.

Alex will also be speaking on a panel that same morning at 8:00am on how to “Elevate Your Portfolio with Boutique Hotels & Resorts”.

You can go to www.midwestREIconference.com to get your tickets and find out more.

EP419 How He Helped His Dad Retire with Fix and Flips with Mike Mannino Jan 08, 2024

Over the past nine years Mike Mannino has built a business that flipped over 80 houses. By the age of 30, Mike had built a portfolio of over 60 rentals. He’s also created multiple companies that generate over $1 million per year in revenue.

Today Mike shares his strategies and secrets that have put him among the top 1% of income earners in the real estate industry.

We discuss the systems and teams he’s put in place to operate his businesses so he can work as little as possible, how he differentiates his company by directly marketing to sellers, as well as his parallel tract of investing in multifamily properties.

Mike’s big ‘why’ in the beginning was to help his dad retire by the age of 60. Did he get there? Listen to this episode to find out!

Find out more:

www.REWBuilders.com

Free Resources: How to Fix and Flip a House For $55K Profit Step-By-Step - www.55KDeal.com

How to Make $175,000 On A Deal (Apartment Or Self Storage) You Don't Want - www.175KDeal.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

RPOA Special Speaker Announcement – Anthony Chara Jan 04, 2024

We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd in Grand Rapids, Michigan at DeVos Place.

Anthony Chara will be one of our featured speakers, presenting on Building Generational Wealth: Increase Wealth Exponentially with Multifamily Properties.

Anthony will be speaking Friday, February 23 at 10:30 am. He’ll also be a guest on our apartment investing panel at 8am that same morning where we’ll be discussing how to scale your investment strategies with apartments.

This is THE must-attend two-day event for real estate investors at all levels!

You can go to www.midwestREIconference.com to get your tickets and find out more.

EP418 Special New Year's Announcement: 2024 Midwest Real Estate Investor Conference Jan 01, 2024

Happy New Year everyone! It’s January 1st and we have a huge announcement to make about the RPOA’s 2024 Midwest Real Estate Investor Conference.

Just like in past years it will take place this February in Grand Rapids, Michigan, and it’s a must-attend for real estate investors at every level.

But we’re also changing it up a bit to make it even more impactful and exciting, so I’ve invited Kathy Bartnick from the RPOA here today to help share the news.

Midwest Real Estate Investor Conference - February 22-23, 2024 | Downtown Grand Rapids, Michigan at Devos Place

Find out more:

https://www.midwestreiconference.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

EP417 How to Become the CEO of Your Own Wealth Building Company with Scott Royal Smith Dec 25, 2023

No one ever wants or expects to find themselves in a lawsuit, but when you’re a real estate investor, it’s always something you need to protect yourself against.

My guest today is a real estate investor and asset protection attorney, and he shares his asset protection techniques for real estate investors and discuss how you can become the CEO of your own wealth building company.

Scott Royal Smith is the Founder and CEO of Royal Legal Solutions, offering tax, business, and legal strategies to clients in the U.S. and Canada. Today Scott discusses the importance of having the right insurance, asset protection, estate planning, and tax structure in your business.

Find out more:

Website: https://royallegalsolutions.com/partners-brian-hamrick

YouTube: https://www.youtube.com/c/RoyalLegalSolutions

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

Special RPOA Year-End Update with Erika Farley Dec 21, 2023

Meet our new RPOA Executive Director Erika Farley!

In this end-of-the year holiday message, Erika will introduce herself and discuss the RPOA's success in pushing back on several bills at the state and local level.

Erika shares the update on lead testing in the city of Grand Rapids, as well as the slate of housing and tenant's rights bills that were rolling through the legislature earlier this year.

Plus, you can still get the early bird discount on the 2024 Midwest Real Estate Investor Conference. This is a must-attend two-day event for real estate investors at all levels happening February 22-23, 2024 in Grand Rapids, Michigan.

Register now and get an early bird discount at midwestreiconference.com!

EP416 Navigating Industrial Real Estate: A Conservative Investor's Guide with Joel Friedland Dec 18, 2023

My guest today has over 42 years of experience in industrial real estate, and the lessons he’s learned during that period are very timely in today’s high-interest rate environment. His experiences especially during the Great Recession have informed his investment approach to be hyper-conservative.

Joel Friedland has secured over 2,000 industrial property leases and sales, totaling over $250 million in acquisitions. He’s raised over $150 million in private capital, and most impressively, he structures most of his syndications without any debt.

Today Joel reveals the secrets to his successful industrial portfolio, shares the difficulty he went through during the Great Recession, and discusses the lessons he learned that led him to buy properties with little to no debt.

Find out more:

Email: joel@britproperties.com

Website: britproperties.com

Instagram: @investingwithjoel

YouTube: @britproperties

LinkedIn: Brit Properties

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

EP415 How Quality Data Provides Quality Tenant Insights with Vikas Gupta Dec 11, 2023

If you’re looking to gain insight into the current state of renting and tenant habits, it helps to have lots of quality data at your disposal.

My guest today has access to that type of data through his tech company that helps property owners manage tens of thousands of rental units across the U.S. including hundreds of millions in annual rent payments.

Vikas Gupta is the CEO of Azibo, an online platform that provides an easy way to collect rent, manage finances, and find tenants. Vikas is going to share insight from Azibo’s data findings, the lingering gaps he sees in data collection for commercial real estate, and his point-of-view on the real estate market.

Find out more:

www.azibo.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

EP414 Is Commercial Real Estate Crashing? With Paul Moore Dec 04, 2023

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

EP413 Buying and Selling Waterfront Property with Tia Lilly Nov 27, 2023

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

EP412 Industrial is the Hidden ATM of Real Estate Investing with Shannon Robnett Nov 20, 2023

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

EP411 Why We’ll Continue to See Higher Rents Across the Country with Eric Garrett Nov 13, 2023

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

Navigating Health Insurance for Real Estate Investors: Open Enrollment Tips with Chad Creasey - Next Level Thursday Nov 09, 2023

Many real estate investors and entrepreneurs have discovered that finding and navigating the health insurance marketplace can be time-consuming and difficult.

Compounding that difficulty is the open enrollment period, which only occurs for several months out of the year.

Ever since I left my W2 job ten years ago, I've relied on Chad Creasey from RCB & Associates to help me cut through the confusion and find the best health insurance provider and policy for myself and my family.

I asked Chad to join us for this episode of Next Level Thursday to discuss the open enrollment period and what you need to know in order to find the best policy for your circumstances.

If you're in need of help with your health Insurance policy in Michigan or Georgia, you can contact Chad by phone or website:

616-822-9286

https://www.rcbassociatesllc.com/

EP410 Real Estate Investment Trends Over 30 Years: Insights on Capital Access Changes with Jon Siegel Nov 06, 2023

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

My Property Insurance Just Tripled, What do I do? - Next Level Thursday Nov 02, 2023

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

EP409 How 1031 Exchanges Can Accelerate Your Real Estate Wealth with Dave Foster Oct 30, 2023

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

Spend the Night In A Haunted House - Next Level Thursday Oct 26, 2023

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

EP408 The Top 3 Strategies to Increase Your Short-Term Rental Cash Flow with Luke Carl Oct 23, 2023

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

Haunted Houses, Paranormal Activity, and Incredible Ghost Stories - Next Level Thursday Oct 19, 2023

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

EP407 From BMX Freestyler To Multimillion Dollar Entrepreneur With Ross Hamilton Oct 16, 2023

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 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

When Your Rental Property is Haunted: Real-Life Ghost Stories - Next Level Thursday Oct 12, 2023

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!

EP406 How to SCALE Your BRRRR Strategy with Niti Jamdar Oct 09, 2023

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 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

How to Make New Construction Pencil Out - Next Level Thursday Oct 05, 2023

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 Josh Canale through his website:

https://www.greatlakesdevgroup.com/

EP405 How to Invest in Discounted, Distressed Commercial Real Estate with Dr. Adam Gower Oct 02, 2023

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 estate asset classes will respond to this distress.

Find out more:

adam@gowercrowd.com

https://gowercrowd.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

Should We Hire the Seller as Our Property Manager? - Next Level Thursday Sep 28, 2023

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/

EP404 Profiting from Accessory Dwelling Units (ADUs) with Shawn DiMartile Sep 25, 2023

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, 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

Print, Sign and Scan? Never Again! - Next Level Thursday Sep 21, 2023

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.

EP403 The Challenges of Converting Vacant Office Space into Apartments with Andrew Hinton Sep 18, 2023

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, and Virginia.

Find out more:

www.glcapital.io

https://www.linkedin.com/in/andrewhintonglc/

Cell: 267-269-0128

Email: ah@glcapital.io

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

What We Found Under the Parking Lot - Next Level Thursday Sep 14, 2023

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/

EP402 Management Styles for Short-Term Vacation Rentals Sep 11, 2023

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 for their vacation home(s).

Brenden Stark’s comprehensive connection to West Michigan make him an unparalleled matchmaker between buyer and seller in the short-term rental space.

Brenden is the owner of Stark Vacation Rentals and specializes in creating beautiful spaces for a quick escape or long vacation getaway.

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

Un-Financeable and Seller Wouldn't Carry the Note - Next Level Thursday Sep 07, 2023

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/.

EP401 How He Makes $2 Million a Month in Passive Income with Kyle Seyboth Sep 04, 2023

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 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

Why FEMA Flood Zone Maps Must Be Part of Due Diligence for Investors - Next Level Thursday Aug 31, 2023

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.

EP400 Brian's Predictions for the Top 5 Real Estate Investing Trends Through Episode 500! Aug 28, 2023

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

EP399 Solving the Affordable Housing Crisis with Mobile Homes and Factory-Built Housing with Franco Perez Aug 21, 2023

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

EP398 How to Drive Value in Real Estate Through Architecture and Design with Aaron Yassin Aug 14, 2023

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, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.

https://www.rcbassociatesllc.com

EP397 Wholesaling, Lease-Options, and Subject-To Investing Strategies with Eudania Burrell Aug 07, 2023

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 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

EP396 Find the Best Multifamily Investing Markets by Unleashing the Power of Data with Drew Breneman Jul 31, 2023

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.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

EP395 How to Finance Investment Property in 2023 with Fred SaintAmour Jul 24, 2023

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 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

EP394 Investing in Multifamily Syndications in Texas with Rebecca Moore Jul 17, 2023

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 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

EP393 Bypass the Banks by Investing in Mortgage Notes with Fred Moskowitz Jul 10, 2023

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.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

EP392 Defending Short-Term Rentals Through Lobbying & Grassroots Efforts With Ryan Servatius and Brian Westrin Jul 03, 2023

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® General Counsel. His role encompasses a concentration in fair housing law and education, RESPA compliance and education, policing unlicensed real estate practice, mortgage fraud, and publications.

Brian is also an active lobbyist at the capitol in Lansing. Brian also facilitates meetings of the Realtors® Legal Action Committee and handles all requests made for legal action fund assistance.

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

EP391 How He’s Leveraging Virtual Assistants and Artificial Intelligence in His Wholesaling and Fix & Flip Investing with Matt Larson Jun 26, 2023

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 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

EP390 These Teens Control Over 80 Units of Real Estate Investments With Eric, Lila, Deven & Ethan Wohlwend Jun 19, 2023

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

@DevenWohlwend

@WohlwendEthan

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

EP389 This Out-Of-Work Actor Built a $35 Million Self-Storage Portfolio in Three Years With Cameron Barsanti Jun 12, 2023

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

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

EP388 How to Master Relationship-Based Negotiations for Buying Off-Market Properties With Jeff Stephens Jun 05, 2023

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) Racking Up Rentals Podcast

2) Free Seller Financing 101 Training Video: www.sellerfinancing-101.com

3) The DEALS Workshop: www.thedealsworkshop.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

EP387 Investing Over $1 Billion in Impact-Driven Real Estate Projects With Evan Shields May 29, 2023

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 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

EP386 Scaling Your Syndication Business Through Leadership and Systems with Staci Gray May 22, 2023

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 navigate the complex world of health insurance and Medicare benefits.

https://www.rcbassociatesllc.com

EP385 Successful Strategies in Short-Term Rentals Panel Discussion With Al Williamson, Kate Stoermer and Jeremy Garcia May 15, 2023

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, and has analyzed hundreds of deals. Kate brings her perspective from 27 years as a healthcare executive and U.S. Navy veteran to everything she does.

Jeremy Garcia has done over 50 flips, invested in notes, multifamily, short-term rentals, long-term rentals, boutique hotels and resorts, and also does corporate rentals in the greater West Michigan area.

Jeremy and his wife Melanie are building out an 8-unit Airbnb boutique hotel in downtown Muskegon, and recently acquired a resort property on Lake Michigan.

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

EP384 From Zero to $100M by Investing in Student Housing and Multifamily With Will Matheson May 08, 2023

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://www.rcbassociatesllc.com

EP383 Boost Short-Term Rental Revenue by Upselling Amenities to Guests with Madison Rifkin May 01, 2023

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

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

EP382 Building Wealth and Cashflow with Boutique Hotels and Other Mid & Short-Term Rental Strategies with James Svetec and Riley Oickle Apr 24, 2023

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, @rileyoickleinvestor)

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

EP381 Boosting Your Capital Stack with Cashflow-Based Financing with Brittany Mosely and Derrick Barker Apr 17, 2023

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 estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.

https://www.rcbassociatesllc.com

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 Apr 10, 2023

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 the ‘pause’ button on his ground-up developments. He’ll also share the opportunities he sees in the market and why he’s starting his own rescue fund.

This is a ‘must-listen’ episode for anyone who wants to gain some clarity and insight into a very unstable and uncertain market.

Find out more:

https://grocapitus.com/

or google “Neal Bawa”

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

EP379 Expert Tips on Self-Storage Development and Management with Charlie Kao Apr 03, 2023

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 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

EP378 How Understanding the MATH of Real Estate Will Help You Make More MONEY with Mark Updegraff Mar 27, 2023

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://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

EP377 Inflation, Interest Rates, and Potential Recession: What Can We Expect? With Dr. Paul Isely Mar 20, 2023

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 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

EP376 Where’s The Money: Creative Financing Options in a High Interest Rate Environment Mar 13, 2023

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 & Real Estate Investor Conference & Expo on the Secrets of Raising Private Money.

Anna Miller

Anna’s passion is for her clients in helping them find the right solutions to meet their financial needs. She’s been a mortgage loan officer at United Bank of Michigan since 2013 and works with home buyers and investors to make their goals a reality.

Frederic SaintAmour

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.

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

EP375 Should You Invest in Car Washes? With Whitney Elkins-Hutten Mar 06, 2023

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.rcbassociatesllc.com

EP374 Last-Minute Tax Strategies with Amanda Han and Matt MacFarland Feb 27, 2023

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/keystonecpainc/

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

EP373 How They Treat Their Real Estate Flipping and Renting as a Business Through Teams and Systems with Glenn and Amber Schworm Feb 20, 2023

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.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

EP372 How Climate Change and Climate Migrants Will Affect Real Estate Investors in Michigan with MLive Reporter Lindsay Moore Feb 13, 2023

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/_lindsaymoore

https://www.mlive.com/staff/LMoore/posts.html

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

EP371 Four Years to 350 Doors, 24 Employees, and $70 Million in Assets with Allon Avgi Feb 06, 2023

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

Apple Podcasts: https://podcasts.apple.com/us/podcast/talk-shop-with-allon-avgi/id1547359926

Spotify Podcast: https://open.spotify.com/show/6dxNrujg4Feevqqmru76MT

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

EP370 What He’s Learned From Millionaires and Billionaires That Helped Him Close Over $500 Million in Deals with Richard C Wilson Jan 30, 2023

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 the way and the mistakes he sometimes sees other capital raisers making.

Find out more:

Richard@InvestorClub.com

Billionaires.com

FamilyOffices.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

Special RPOA 2023 Annual Conference Announcement - Asset Protection for Real Estate Investors Jan 26, 2023

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/

EP369 The Future of Apartment Operations: Understanding Rent Strikes, Parking Ratios, and Next Generation Amenities with Diane Batayeh Jan 23, 2023

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 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

Special RPOA Annual Conference & Expo Announcement Jan 19, 2023

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/

EP368 How He’s Revolutionizing Real Estate Ownership through web3, NFTs, and Fractional Ownership with David Woodbury Jan 16, 2023

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 Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.

https://www.rcbassociatesllc.com

Special RPOA 2023 Annual Conference Announcement - Short & Mid-Term & Extended Stay Rentals Jan 12, 2023

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/

Special Short Term Rental Association First-Annual Conference Announcement Jan 12, 2023

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 more by going to https://www.michiganreiconference.com/

EP367 Successful Investing Strategies this Tax Attorney Has Learned from Over 10,000 Clients with Toby Mathis Jan 09, 2023

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://tobymathis.com/podcast/

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

EP366 How He’s Travelling the World While Earning $25,000 per Month From His Real Estate Business With Brian Luebben Jan 02, 2023

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://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

EP365 What Is Attainable Housing and What Are the Cutting-Edge Strategies We Must Use to Achieve It? with Chris Loeffler Dec 26, 2022

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’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

EP364 Increasing Your Rental Income 3 to 4 Times by Providing Corporate Housing with Angela Healy Dec 19, 2022

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 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

EP363 Raising Capital from Your Network with Dave Dubeau Dec 12, 2022

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”

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

EP362 How She Made an 1,800% Return on an American Land Deal while Investing from Australia with Alicia Jarrett Dec 05, 2022

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 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

EP361 How Small-Scale Development Can Create Large-Scale Solutions to Affordable Housing with Michele Williams Nov 28, 2022

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, shipping containers and co-housing. Michele also discusses public policy and her method for changing the zoning laws and addressing the NIMBYism that often stands in the way.

You can learn more about Michele here:

www.dirttokeys.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

EP360 How to 3X Your BRRRR Returns By Implementing a Co-Living Strategy with Brian Grimes Nov 21, 2022

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-cfp%C2%AE-2b99b632/ https://www.youtube.com/c/BrianLovesCashFlow

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

EP359 Looking Back on 25 Years of Leading the Rental Property Owners Association with Clay Powell Nov 14, 2022

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 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

EP358 Zen and the Art of Being a Mindful Landlord with Terrie Schauer Nov 07, 2022

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 about Terrie using the following links:

www.mindfullandlord.com

www.terrieschauer.com

Terrie Schauer on LinkedIn

https://terrieschauer.com/order-mindful-landlord-book/

https://www.facebook.com/TerrieSchauerInc

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

EP357 How He Works Directly With Sellers to Come Up With Creative Deal Structure & Financing Strategies With Derek Dombeck Oct 31, 2022

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 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

EP356 Why This Finance Cowboy Ignored Dave Ramsay’s Advice About Real Estate Loans With JD Sustar Oct 24, 2022

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 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

EP355 Starting Over in a New Market and Positioning Yourself for a Downturn With Sterling White Oct 17, 2022

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:

s terlingwhiteofficial.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

EP354 Bold Predictions on How Supply-Chain Challenges Will Affect Real Estate Investing and Material Prices With Jeff Davis Oct 10, 2022

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

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

EP353 How the BRRRR Method Has Helped Them Achieve Financial Freedom Through Real Estate Investing With Tiffany and Eric Vogel Oct 03, 2022

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 learn the meaning of GETMO (good enough to move on) and how Eric and Tiffany rely on that mindset to get past their perfectionist tendencies.

You can find out more about Tiffany and Eric through these links:

www.OnPurposeInvestor.com

https://www.facebook.com/onpurposeinvestor

https://www.instagram.com/onpurposeinvestor/

https://www.tiktok.com/@onpurposeinvestor

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

EP352 A Lawyer’s Guide to Finding, Funding And Managing Real Estate Investments With Brian Boyd Sep 26, 2022

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 tool for handling security deposits.

You can find out more about Brian through his website:

https://www.boydwills.com/team/

www.briantboyd.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

EP351 When Disaster Strikes, Who Should You Call Before You Call Your Insurance Agent? With Jack Hanks Sep 19, 2022

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 need to check our insurance policies now to make sure we have proper coverage.

I know you’re going to get a lot of great advice from this episode. You can contact Jack via email or his website:

jack@vpa.claims

www.vpa.claims

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

EP350 How 6 Months to Live Turned Into 20 Years of Real Wealth and Financial Freedom with Rich Fettke Sep 12, 2022

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 these links:

http://www.thewiseinvestorbook.com

http://www.richfettke.com

http://www.realwealth.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

EP349 Why He Bought Up 19 City Blocks in Downtown Jacksonville with Gregg Cohen Sep 05, 2022

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: jwbrealestatecapital.com

JWB Facebook Group: jwbfacebookgroup.com

JWB Facebook Business Page: facebook.com/CashFlowProperties

JWB YouTube: youtube.com/c/JWBRealEstateCapitalJacksonville

JWB Twitter: twitter.com/jwbcompanies

Gregg's LinkedIn: linkedin.com/in/gcohen31/

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

EP348 What You Need to Know About Investing in Distressed Commercial Real Estate With Jake Harris Aug 29, 2022

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 and what will happen in our economy.

I know you’re going to enjoy this conversation with Jake. You can find out more about him through his website: https://www.catchknives.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

RPOA Special Economic Update with Dr. Paul Isley Aug 25, 2022

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.

EP347 An Argument for Developing and Building Multifamily with Roger Luri Aug 22, 2022

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-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.

https://www.rcbassociatesllc.com

EP346 Blockchain and Smart Real Estate Contracts with Megan Templeton Aug 15, 2022

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 real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.

https://www.rcbassociatesllc.com

EP345 The Future of Senior Living with Isabelle Guarino-Smith Aug 08, 2022

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 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

EP344 How to 15x Your Returns Through Luxury Short-Term Vacation Rentals With Rachel Gainsbrugh Aug 01, 2022

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 US Cities with the Highest Profitability for Short Term Rental Investing" at:

https://www.shorttermgems.com/75gems

https://www.shorttermgems.com/

https://www.facebook.com/groups/422973842093365

https://www.instagram.com/short.term.gems/

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

EP343 Six Ways to Create Opportunity in Real Estate Investing with Ashton & Chris Levarek Jul 25, 2022

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 find out more through their contact info below:

Website:

www.valkeregroup.com

LinkedIn:

https://www.linkedin.com/company/37253519/

Facebook:

https://www.facebook.com/valkereinvestmentgroup

Instagram:

www.instagram.com/valkereinvestmentgroup

Our Podcast, The Art of Winning:

https://www.valkeregroup.com/podcast

YouTube:

https://www.youtube.com/channel/UCFFfs4Hpgft57w9lV4fnVgQ

Email:

investments@valkeregroup.com

Chris LinkedIn

https://www.linkedin.com/in/christopher-levarek/

Ashton LinkedIn

https://www.linkedin.com/in/ashton-levarek-ba03b4161/

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

EP342 How to Become a Nomadic Investor - Traveling the World While Investing in Real Estate with Michael Albaum Jul 18, 2022

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 Remote Real Estate Investor Podcast - https://apple.co/3MAgH1J

Roofstock LinkedIn - https://www.linkedin.com/company/roofstock/ (12.1k followers)

Roofstock Instagram - https://www.instagram.com/roofstock/ (6.3k followers)

Roofstock Youtube - https://www.youtube.com/channel/UC3C867XTb4PISoUzmtxkMcg (2.69k followers)

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

EP341 Mobile Home Park Investing and an Engineer’s Unique Perspective on Success and Opportunity in This Space with Charlotte Dunford Jul 11, 2022

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 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

EP340 Can You Build a Home in 3-5 Days? How Technology is Driving the Future of Home Construction with Garrett Moore Jul 04, 2022

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 of business, you’ll love this conversation about the future of construction and home building. You can contact Garrett through LinkedIn, or his website: https://agorus.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

EP339 RPOA Alternative Short-Term Rental Strategies Expert Panel with Robyn Thompson, Barb Bookout and Jeremy Garcia Jun 27, 2022

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 Muskegon area investor with several short-term rentals. Full disclosure, Jeremy and I are partners on a commercial 8-unit boutique Airbnb hotel that we recently purchased and are building out in downtown Muskegon.

Instrumental to Jeremy’s strategy is renting to travelling nurses who often stay in his furnished units for 2 to 3 months at a time. Jeremy and his wife Melanie are expanding this model to include not just travelling medical professionals, but also corporate and executive clients.

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

EP338 From a Three-Unit House Hack to Three Startup Businesses That Are Transforming a Neighborhood With Jon Frantz Jun 20, 2022

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 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

EP337 A Warning for Traditional Property Management and the New Way of Attracting Tenants and Increasing Your Net Operating Income with Daniel Mishin Jun 13, 2022

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 outdated.

Today’s episode might make you a little uneasy about the way you traditionally manage your rentals. But you’ll also gain fascinating insight into the future of renting and what you must consider to increase your chances of success. You can find out more at https://junehomes.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

EP336 Discover Your Entrepreneur DNA to Become a More Successful Real Estate Investor with Caroline Yuki Jun 06, 2022

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/

https://www.carolineyuki.com/

Joe Abrahams TED talk link: https://www.youtube.com/watch?v=fsU9N6A18sY

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

EP335 Investing in Residential Assisted Living Facilities with Chuck Bongiovanni May 30, 2022

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’re in every city and will double in size over the next ten years. I know you’ll find this conversation with Chuck to be interesting and informative. You can find out more at https://www.discovermajesticresidences.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

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 May 23, 2022

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 ramond.harris@yahoo.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

EP333 Level One Due Diligence for Buy & Hold and Vacation Rental Investment Property with Masrur Huq May 16, 2022

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 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

EP332 Conducting Psychological Due Diligence to Find the Hidden Story in Multifamily Investing with Sam Liebman May 09, 2022

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 the Streets: The Street Success Guide to Building Wealth through Multi-Family Real Estate.

Sam is going to share some of the great insight you can find in his book. We’ll discuss how he deploys psychological due diligence to uncover the hidden story, why he considers himself a detective and the suspect is always the seller, how the town drunkard saved him $200,000 on a deal, and the office and retail Armageddon he believes is about to happen.

I know you’re going to enjoy this conversation with Sam. You can find his book on Amazon, and contact him through his website: https://samliebman.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/

EP331 Why Billionaires like Bill Gates are Investing in Farmland with Brandon Silveira May 02, 2022

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 Brandon via email or visit his website:

info@farmfundr.com

https://www.farmfundr.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/

EP330 Special RPOA Expert Panel on Performing and Non-Performing Notes with Donna Bauer and Gene Chandler Apr 25, 2022

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 directly from banks, hedge funds, and private equity groups.

Gene currently asset manages over $3.5 million in performing and non-performing notes.

Full disclosure: Gene and I have invested in many notes together and have experienced a few losses, as well as a few grand slam homeruns.

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

EP329 Eliminating the Fear of Getting Started in Real Estate and Building Your Brand with Former Professional Basketball Player Art Morrison III Apr 18, 2022

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 different social media channels:

Instagram - @artmorrisoniii

Twitter - @artmorrisoniii

Facebook - https://www.facebook.com/artmorrisoniii/

Youtube - https://www.youtube.com/channel/UCNcDtJEANbaNo4vOKrrLWAg

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

EP328 Finding Deals by Marketing Directly to the Seller with Justin Silverio Apr 11, 2022

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 conversation with Justin. You can contact him and find out more through email or his websites:

justinsilverio@inveloapp.com

https://openlettermarketing.com

https://inveloapp.com

Today’s episode is brought to you by Green Property Management, now offering a $250 per unit project allowance to new clients in West Michigan. Text "Green250" to 21000, or visit them at 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. Visit https://www.rcbassociatesllc.com/ to learn more.

EP327 Creating a Unique Vacation Rental Experience by Building Cabins with Alex Jarbo Apr 04, 2022

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 reasons to do so, you’ll love this conversation with Alex. You can find out more by going to https://sargoninvestments.com or check out “Alex Builds” on YouTube.

Today’s episode is brought to you by Green Property Management, now offering a $250 per unit project allowance to new clients in West Michigan. Text "Green250" to 21000, or visit them at 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. Visit https://www.rcbassociatesllc.com/ to learn more.

EP326 Backstage Guide To Real Estate with Apartment Investor and Tony Award Winner Matt Picheny Mar 28, 2022

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 episode is brought to you by Green Property Management, now offering a $250 per unit project allowance to new clients in West Michigan. Text "Green250" to 21000, or visit them at 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. Visit https://www.rcbassociatesllc.com/ to learn more.

EP325 Vacation Rental Trends, Marketing Tips and Best Practices with Marcus Rader Mar 21, 2022

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 $250 per unit project allowance to new clients in West Michigan. Text "Green250" to 21000, or visit them at 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. Visit https://www.rcbassociatesllc.com/ to learn more.

EP324 Eleven Millionaire Secrets You Never Learned in School with Billion Dollar Skyscraper Developer Ken Van Liew Mar 14, 2022

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 out more by going to https://kenvanliew.com.

Today’s episode is brought to you by Green Property Management, now offering a $250 per unit project allowance to new clients in West Michigan. Text "Green250" to 21000, or visit them at 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. Visit https://www.rcbassociatesllc.com/ to learn more.

EP323 Digital Advertising and Marketing Analytics for Your Vacation Rentals and Co-Housing Real Estate with Michael Tich Mar 07, 2022

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, now offering a $250 per unit project allowance to new clients in West Michigan. Text "Green250" to 21000, or visit them at 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. Visit https://www.rcbassociatesllc.com/ to learn more.

EP322 How He Left College to Invest in Multifamily and Acquired 350 Units in 2 Years with Brad Simtob Feb 28, 2022

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 can find out more about him through his website or contact him by email:

https://www.simtob.com

brads@simtob.com

Today’s episode is brought to you by Green Property Management, now offering a $250 per unit project allowance to new clients in West Michigan. Text "Green250" to 21000, or visit them at 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. Visit https://www.rcbassociatesllc.com/ to learn more.

EP321 Commercial Loans - How to Prepare For and Acquire the Best Terms with John Matheson Feb 21, 2022

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 terms mean. You’ll also learn the red flags lenders look for that might prevent you from getting the best loan terms.

I know you’re going to gain a lot of valuable information from this episode. You can find out more about John through Leverage’s website https://leveragecalc.com or by email at john@leveragecalc.com.

Today’s episode is brought to you by Green Property Management, now offering a $250 per unit project allowance to new clients in West Michigan. Text "Green250" to 21000, or visit them at 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. Visit https://www.rcbassociatesllc.com/ to learn more.

Special RPOA Annual Conference Announcement - Anthony Chara Feb 17, 2022

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.

Special Annual RPOA Conference Announcement - Robyn Thompson Feb 15, 2022

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 taught thousands of students how to become financially independent.

EP320 Utilizing Real Estate Specific Virtual Assistants to Scale Your Business with Max Fisch Feb 14, 2022

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.com/

max@realestateprojectsolutions.com

Today’s episode is brought to you by Green Property Management, now offering a $250 per unit project allowance to new clients in West Michigan. Text "Green250" to 21000, or visit them at 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. Visit https://www.rcbassociatesllc.com/ to learn more.

Special RPOA Annual Conference Announcement - THIS MONTH! Feb 10, 2022

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!

EP319 Scaling a Multifamily Rental Portfolio to $60 Million, Syndication, and Raising Private Money with Confidence with Liz Faircloth Feb 07, 2022

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 that goes into deal structure and investor returns. Liz also shares the vision for the InvestHER community as well as her greatest business challenge at the moment.

I know you’re going to enjoy this conversation with Liz. You can find out more about her through Facebook and the web:

https://www.therealestateinvesther.com

https://derosagroup.com

Today’s episode is brought to you by Green Property Management, now offering a $250 per unit project allowance to new clients in West Michigan. Text "Green250" to 21000, or visit them at 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. Visit https://www.rcbassociatesllc.com/ to learn more.

Special RPOA Annual Conference Announcement - Nick Sidoti Feb 03, 2022

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, rehabs, and resells homes making large amounts of profits in short periods of time. Nick is the author of numerous real estate courses.

EP318 How to Be Successfully Unemployed Through Real Estate Investing with Dustin Heiner Jan 31, 2022

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 the steps are in building that business.

I know you’re going to enjoy this conversation with Dustin. You can download his free course by texting “rental” to 33777.

Or through his website: https://www.masterpassiveincome.com/freecourse

YouTube: Dustin Heiner | Master Passive Income

Today’s episode is brought to you by Green Property Management, now offering a $250 per unit project allowance to new clients in West Michigan. Text "Green250" to 21000, or visit them at 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. Visit https://www.rcbassociatesllc.com/ to learn more.

Special Annual RPOA Conference Announcement - Tony Youngs Jan 27, 2022

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 investors.

EP317 How to Scale up to an 8-Figure Portfolio Using Government Programs, Credit Cards, and Creative Appraisals with Jhanel Wilson Jan 24, 2022

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 anticipates when she does a cash-out refinance.

I know you’re going to enjoy this conversation with Jhanel. You can find out more about her through Instagram @jhanelwilson.

Today’s episode is brought to you by Green Property Management, now offering a $250 per unit project allowance to new clients in West Michigan. Text "Green250" to 21000, or visit them at 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. Visit https://www.rcbassociatesllc.com/ to learn more.

EP316 The Sophisticated Value Chain for Sourcing, Asset Managing, and Liquidating Multifamily and Apartment Assets with Omar Khan Jan 17, 2022

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 strategies and processes Omar shares during today’s conversation. You can find out more about Omar through email or his website:

omar@boardwalkwealth.com

www.boardwalkwealth.com

Today’s episode is brought to you by Green Property Management, now offering a $250 per unit project allowance to new clients in West Michigan. Text "Green250" to 21000, or visit them at 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. Visit https://www.rcbassociatesllc.com/ to learn more.

EP315 How She Leveraged Her Time, Skill Set, and Funding to Grow Her Portfolio From Rehabs & Flips to Multifamily Rentals with Andresa Guidelli Jan 10, 2022

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 share the common hurdles women face, as well as the assets they bring to the table.

I know you’re going to enjoy this conversation with Andresa. You can find out more about her at https://www.therealestateinvesther.com

Today’s episode is brought to you by Green Property Management, now offering a $250 per unit project allowance to new clients in West Michigan. Text "Green250" to 21000, or visit them at 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. Visit https://www.rcbassociatesllc.com/ to learn more.

EP314 Why You Must Have a Personal Financial Statement and Schedule of Real Estate Owned with Paul Winterowd Jan 03, 2022

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 they review yours, such as your liquidity, net worth, and debt-service coverage ratio. We’ll also discuss red flags or mistakes investors make when presenting their financial picture.

The best part of this conversation...Paul is making the PFS & SREO spreadsheet he created available to our listeners at no cost. You can go to https://bmfcap.com/pfs/ to download this fantastic spreadsheet. You can also contact Paul directly through email: paul@bmfcap.com

Today’s episode is brought to you by Green Property Management, now offering a $250 per unit project allowance to new clients in West Michigan. Text "Green250" to 21000, or visit them at 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. Visit https://www.rcbassociatesllc.com/ to learn more.

EP313 Can the Short Sale Process Help You Acquire Profitable Properties? With Nicole Espinosa Dec 27, 2021

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 moving. Nicole also works with many investors, and she shares a recent scenario that helped them acquire a property for less than it’s current value.

Nicole also talks about the team she’s built out and the systems they use to expedite the short sale process. We also discuss the wave of foreclosures she sees on the horizon due to the forbearance periods ending from the foreclosure and eviction moratoriums.

Having the knowledge of short sales is an incredible tool that you should have in your investor tool kit. Nicole does a great job of making it as understandable as possible, and I know you’ll get a lot of value from listening to this episode.

You can find out more about Nicole through her YouTube channel: https://www.youtube.com/c/TheShortSaleQueen

Or through her website: https://thessqueen.com

Today’s episode is brought to you by Green Property Management, now offering a $250 per unit project allowance to new clients in West Michigan. Text "Green250" to 21000, or visit them at 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. Visit https://www.rcbassociatesllc.com/ to learn more.

EP312 The Do’s and Don’ts of a Successful Rehab Project with Van Sturgeon Dec 20, 2021

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 improvements to double his rental income.

I know you’re going to get a lot of valuable information out of today’s conversation. You can find out more about Van’s rehab tips through his website: https://vansturgeon.com

Today’s episode is brought to you by Green Property Management, now offering a $250 per unit project allowance to new clients in West Michigan. Text "Green250" to 21000, or visit them at 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. Visit https://www.rcbassociatesllc.com/ to learn more.

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 Dec 13, 2021

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. I know you’ll enjoy this conversation with Dan. You can find out more about him on Instagram @investormandan, or his podcast “Collecting Keys Podcast".

Today’s episode is brought to you by Green Property Management, Now offering a $250 Per Unit Project Allowance to New Clients in West Michigan.

Text "Green250" to 21000, or visit them on the web at:

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

EP310 Understanding and Accessing Private Lending and Capital Markets with Ruben Izgelov Dec 06, 2021

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 website https://www.welendllc.com

Today’s episode is brought to you by Green Property Management, Now offering a $250 Per Unit Project Allowance to New Clients in West Michigan.

Text "Green250" to 21000, or visit them on the web at:

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

EP309 How the “Profit First” System will help you Improve Your Real Estate Finances and Increase Your Efficiency with David Richter Nov 29, 2021

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 clarity and freedom and show us how to stop living deal to deal.

You can find out more about David by reading his new book “Profit First For Real Estate Investing”, available on amazon.com. You can also contact him through his website: https://simplecfosolutions.com

Today’s episode is brought to you by Green Property Management, Now offering a $250 Per Unit Project Allowance to New Clients in West Michigan.

Text "Green250" to 21000, or visit them on the web at:

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

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 Nov 22, 2021

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 through her website: https://ednakeep.com

You can also view Edna's 25 minute webinar here: https://ednakeep.com/90daysto5k

Today’s episode is brought to you by Green Property Management, Now offering a $250 Per Unit Project Allowance to New Clients in West Michigan.

Text "Green250" to 21000, or visit them on the web at:

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

EP307 How They Built Lean, Mean, Sales Systems to Close Hundreds of Wholesale and Rehab Deals with Tiffany and Josh High Nov 15, 2021

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 when they thought they’d have to move in with her parents, and their one decision that immediately netted them over $200,000. We’ll also discuss how they made $80,000 wholesaling a deal with one phone call.

I know you’re going to get incredible value from today’s conversation. You can find out more about Tiffany and Josh and their systems through their website: https://tiffanyandjoshhigh.com

Today’s episode is brought to you by Green Property Management, Now offering a $250 Per Unit Project Allowance to New Clients in West Michigan.

Text "Green250" to 21000, or visit them on the web at:

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

EP306 Three Disruptive Trends that will Drive Real Estate in the Coming Decade, with Neal Bawa Nov 08, 2021

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 Tokenization and Smart Contracts, and how this will allow investors to buy and sell real estate much like they do stocks or cryptocurrency. It will also lead to a dramatic decrease in the number of syndicators over the next 10 years.

Neal also touches on several other powerful forces that will have a massive impact on investing, such as Suburbanization and the growth of tertiary markets outside Primary Metros, Augmented Reality, Staycations, and 15-minute cities.

I know you’re going to get huge value from today’s episode. You can find out more about Neal by googling “Neal Bawa”, or going to https://multifamilyu.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

EP305 Buying and Selling Vacant Land and the Mindset Shifts that Lead to 10X profits with Brent Bowers Nov 01, 2021

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.thelandsharks.com

https://www.wholesalinginc.com

and his youtube channel: Brent Bowers

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

Halloween Rebroadcast: EP252 What Happened after 2 A.M. in this Haunted House? with Reverend Gerald Hunter Oct 30, 2021

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 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

Halloween Rebroadcast: EP251 Haunted Houses, Paranormal Activity, and the Roommates Who Don't Pay Rent and Can't Be Evicted with Reverend Gerald Hunter Oct 28, 2021

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. 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

EP304 How She’s Achieved a Life By Design through Niche Strategies like “Build-to-Rent” and “Supported Living”, with Jennifer Beadles Oct 25, 2021

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” strategy of building 3 to 4 bedroom duplexes that cashflow and are worth more than the acquisition and construction costs. There are several exit strategies with this method, including cash-out refinance, holding as a rental, or condo-ing and selling off at a profit.

Jennifer shares many incredible tips that could help you see your investment strategy in a completely new way. You can find out more about Jennifer and her coaching services through her website: https://addictedtoroi.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

EP303 Navigating Difficult Properties and Challenging Real Estate Markets while Investing in Working Class Communities with Yusef Alexander Oct 18, 2021

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 philosophy that keeps Yusef’s career in equilibrium.

I know you're going to gain a lot of knowledge from todays conversation. You can contact Yusef by email: yusef@reap.capital

and website: https://reap.capital

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

EP302 Development Strategies for Affordable Housing and Market-Rate Luxury Condos with Nick Earls & Eric DiNicola Oct 11, 2021

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 importance of having a High-Net Worth Investor or group to partner with in order to acquire the best financing from lending institutions. Nick and Eric also discuss the political and public process they go through in the pre-development phase and share tips on how to react when dealing with aggressive input and feedback from the NIMBY crowd.

Nick and Eric have a lot of incredible development wisdom to share in this episode. You can find out more about them through their website: https://winterspringcapital.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

EP301 Investing in Fun: Hotels, Campgrounds, Amusement Parks and Chicken Wings with Jeff Gebhart Oct 04, 2021

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 famous Rocket Fuel Haulers, the unofficial #2 best cover band in Michigan.

Jeff is going to discuss each business model and how it relates to real estate investing, along with the ethos of fun, due diligence and customer service he brings to each endeavor. You’ll also learn how Jeff and his team realized they were in the restaurant business, even though they considered themselves to be in the ‘fun’ business. We’ll also talk about choosing your customer, maximizing your efficiency, and why multifamily real estate and passive investing outperform most other assets.

This is a super fun conversation that I know you’re going to enjoy. You can contact Jeff through email at jeff@craigscruisers.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

EP300 Special 300th Episode! Their Journey to Passive Income - From Flipping and Rehabbing to Multifamily and Airbnb Rentals with Jeremy and Melanie Garcia. Sep 27, 2021

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 they have to achieve passive cashflow, wraparound mortgages and reverse-engineering their business to achieve the lifestyle they dream of.

We’ll also discuss the multifamily property they recently acquired and the number one thing they did to boost net operating income, as well as their Airbnb strategy and how they differentiate their properties from other short-term rentals.

I know you’re going to enjoy this conversation with Jeremy and Melanie, and gain some tips on how to accelerate your investing business. You can find out more about them through their website: www.staymuskegon.com and find out more about the Short Term Rental Association at: https://www.shorttermrentalassoc.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

EP299 What You Need to Know about Generation Z Rental Trends and Coliving Housing with Johnny Wolff Sep 20, 2021

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 way he conducts his virtual tours and video interviews.

We’ll also talk about the type of property that works well for coliving, and how Johnny maximizes the space by adding bedrooms in order to increase rent income per square foot.

If you’re looking for ways to add upside value to the traditional rental housing model, then you definitely want to hear how Johnny is increasing net income by over 30%. You can find out more about Johnny and HomeRoom Coliving through email: johnny@livehomeroom.com or website: https://livehomeroom.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

EP298 How His Painful Real Estate Experiences Boosted His Street Smart Success, with Roger Becker Sep 13, 2021

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 increase rents to market rate. We’ll also discuss the difficult decision he faced to condo-ize the building, and how the next investor he sold it to did just that and faced the wrath of the neighbors, city, and media.

I know you’re going to enjoy listening to Roger’s stories and learning from his sometimes painful experiences. You can contract Roger through email: roger@streetsmartsuccess.com

And be sure to check out his excellent podcast “Street Smart Success”.

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

EP297 Security Deposit Insurance: Is this an option you should offer your residents? With Paarag Sarva Sep 06, 2021

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 going to discuss the disruptive nature of Security Deposit Insurance, how it works, the costs and benefits, and whether or not you or your property manager can provide this at your properties.

You can contact Paraag and find out more about Rhino Security Deposit Insurance by going to https://www.sayrhino.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

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 Aug 30, 2021

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 all terms you need to understand and carefully consider when structuring your deals, and they can make a big difference in the profit you and your investors receive.

Paul shares a lot of wisdom in this episode and you’ll definitely benefit from understanding these terms no matter what type of investor you happen to be. You can find out more about Paul and access his report on waterfalls through his website: https://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

EP295 He Won Emmys, Worked with The Foo Fighters, Retired, and now Invests in Commercial Real Estate - with Joe DiSanto Aug 23, 2021

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 4,500 sq. ft. to his office space, the two Emmy’s he won, and the HBO documentary series he produced with Dave Grohl from Nirvana and the Foo Fighters.

Joe DiSanto is a fractional CFO and consultant to small businesses and high-income individuals. He also founded the blog Play Louder, which serves as an invaluable resource to help individuals and business owners increase their net worth and plan better for their future. https://www.linkedin.com/in/josephdisanto/ https://www.facebook.com/playlouderblog/ https://www.youtube.com/c/PlayLouder Check out some of Play Louder’s most popular content… The Financial Planning Process: Your Route to Financial Independence! How to Incorporate Yourself to Save Money (and Protect Your Assets) How to Make Your Money Work for You: 7 Modern Methods for Investing in “The Market” Top 5 Personal Bookkeeping Software Options: Personal Capital vs Mint vs Quicken vs Money Dance vs Countabout Fundrise vs DiversyFund vs CrowdStreet: The Best Sites for Crowdfunded Real Estate Investing Acorns vs Robinhood vs Webull vs M1 Finance: Which One is the Best? Play Louder's free courses… Get a grip on your finances with Personal Budgeting Basics! Learn how to Incorporate Your Business to protect your assets and save money! Analyze your Real Estate Investments like a pro!

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

EP294 Five Must-Know Steps to Renovating a Multifamily Apartment Property with Ken Gee Aug 16, 2021

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 apartment project, the importance of understanding the market you’re investing in, the amenities he likes to add, and why you should wait at least 30 days before beginning any improvements.

We’ll also discuss the three things you should look for in a sponsor you might invest with passively, including their track record and the way they prioritize their investors.

Ken shares a lot of valuable information and experience in today’s conversation. You can find out more about Ken by reading his free ebook at https://www.kripartners.com/ebook/ or email at kgee@kripartners.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

EP293 Prescribing Real Estate to Doctors and other High-Net Worth Passive Investors with Masaki Oishi Aug 09, 2021

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.

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

EP292 Investing in Real Estate Internationally with Lauren Cohen Aug 02, 2021

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 can find out more about Lauren through her podcast “Investing Across Borders” and contact her through email: founder@ecouncilglobal.com.

And here is the code & link to her free e-book “Real Estate Investing Across Borders:

http://bit.ly/REAcrossBorders

Coupon code: REI4FREE

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

EP291 How to Talk with High-Net Worth Investors to Educate Them on Your Investment Opportunities with Ketan Patel Jul 26, 2021

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 asks a high-net worth investor in order to understand their goals and dreams.

All Real Estate Investing involves some degree of salesmanship and the need to understand persuasion and influence. The better you understand this, the more successful you’ll be in the long-run. Ketan definitely brings this all to the forefront during today’s conversation.

You can find out more at www.ketanpatel.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

EP290 How Vertical Integration in His Real Estate Business Helped him Create a $15M Portfolio with Cory Nemoto Jul 19, 2021

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. You can find Cory on social media and through his website www.kecocapital.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

EP289 Can Your Financial Advisor Help You Achieve Financial Freedom? With Chris Miles Jul 12, 2021

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, how you can free up cash flow and tap into equity to build your passive income, and how Infinite Banking can pay you Twice from your investment money.

I know you’ll benefit from the insight and wisdom Chris shares today. You can find out more about Chris by listening to his podcast “The Chris Miles Money Show” and through his website: https://moneyripples.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

EP288 Mastering Influence and Persuasion Techniques for Real Estate Success with Todd Toback Jul 05, 2021

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 determining whether a seller is motivated, meeting their objections, and helping them arrive at an agreement. You’ll learn what a stealth mismatch is and how it can reveal your seller’s true motivations, as well as price conditioning and how it can help you negotiate a better price.

Todd shares some great techniques on persuasion and influence in today’s episode. You can find out more by listening to Todd’s “No Limits Real Estate Investing Podcast” or through his website: https://nolimitssalessystem.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

EP287 Artificial Intelligence, Key Performance Indicators, and the Future of Property Management with JC Castillo Jun 28, 2021

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 your investment or point out problems at a glance.

You’ll also learn why JC doesn’t spend money on paid advertising for any of his properties, and the key resource that helps him market his units and draw more traffic to his website than his competitors.

JC shares so much Gold in this episode. Anyone who manages their own properties or hires 3rd-party management will want to listen to this episode to hear JC’s cutting-edge ideas. You can find out more about JC and Velo Residential at www.operateforprofit.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

EP286 Generating Your Retirement Income Through Real Estate Investing with Eric Martel Jun 21, 2021

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 property management and repairs. We’re also going to discuss what it means to have financial freedom, and the goal setting and actionable steps you can take to achieve it.

Eric will also share the turn-key model he’s developed investing in secondary cities with rehabbed houses costing (roughly) $100,000 that can be purchased with 20% down and cashflow $300 a month. We discuss the turnkey aspects of this type of investing, the power of leverage and depreciation, and the risks from tenants and property condition.

This is an important episode for anyone who’s paying attention to their potential retirement income, and will get you to start thinking about meeting your living expense by generating additional passive income. You can find out more about Eric on Instagram at E_Martel or facebook at Eric.Martel.ca, or https://marteleric.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

EP285 What you Need to Know about the Rental Eviction Prevention Program with Gustavo Perez Jun 14, 2021

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 by going to www.kentrenthelp.org

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

EP284 Mobile Home Park Investing Update with Brian Spear Jun 07, 2021

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 also discuss some new investments he’s making in parking lots and parking garages, and why he finds this such an exciting asset class.

I know you’re going to enjoy this conversation with Brian and benefit from the knowledge he brings today. You can contact him through https://sunrisecapitalinvestors.com/funds/fund-iii/

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

EP283 Master Lease Options, Seller Financing, and other Creative Cash Techniques with Bill Ham May 31, 2021

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 Master Lease Options and Seller Financing important tools in your investor toolkit.

If you’re looking for creative ways to get deals done and reduce the amount of capital you need to employ to acquire new assets, then you’ll definitely enjoy this episode. You can contact Bill through his website at https://creativeapartmentdeals.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

EP282 How to Become Financially Free by Holding Forever with Jonathan Barr May 24, 2021

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 1031 exchange where he acquired a 72-Unit during the Pandemic.

We cover a lot of ground in this episode, and I know you’re going to benefit from the experiences Jonathan has had along the way. You can contact Jonathan on twitter: JB2Investments,

website: https://www.jb2investments.com

and ebook “The Tax Stack Strategy”, which is available for free at https://www.jb2investments.com/lower

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

EP281 Increase Your Rent Income by 3 to 5% with this Overlooked Tenant Amenity, with Jim Monk from CLOZZITS May 17, 2021

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 opening and thought provoking. You can find out more about Jim and CLOZZITS through their website: https://clozzits.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

EP280 Exit Planning, Adjusting Your Expectations in a Hot Market, and The 48-Unit that Everyone Told Her Not to Buy, with Allison Koetsier May 10, 2021

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 was a project worth pursuing.

We’ll also talk about the conversations Allison is having with her clients in this incredibly hot market, as well as her advice to still turn a profit when pricing is so competitive. We’ll also talk about her Father, Tom Koetsier, who passed away recently, and the impact his advice had on her future as well as his importance to the Rental Property Owners Association.

I know you’re going to love this conversation with Allison, and there’s a lot of great advice and investing wisdom packed into this episode. You can contact Allison through her website: https://www.teamkoetsier.com

or email: akoetsier@compass101.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

EP279 Adaptive Reuse of Permanently Closed Hotels to Workforce Housing Apartments with Richard Rubin May 03, 2021

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’s going to explain the need for workforce housing, the types of adaptive reuse projects he prefers, the economics of adaptive reuse, and how the government can help facilitate this type of project. We’ll also go into detail on the Ramada Inn conversion in Alabama.

It pays to think differently from everyone else when it comes to real estate investing and development. I know you’re going to benefit from hearing Richard’s perspective. You can contact Richard through email: richard@therepvblik.com or on 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 owners navigate the complex world of health insurance and medicare benefits.

https://www.rcbassociatesllc.com

EP278 The Five Roads To Victory in Real Estate with Joe Evangelisti Apr 26, 2021

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 conversation with Joe, and likely will benefit from his advice to real estate investors who are looking to cross over to the next level of performance. You can contact Joe through his website or facebook:

https://joeevangelisti.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

EP277 Sophisticated Strategies for Deferring Your Real Estate Profits with Brandon Bruckman Apr 19, 2021

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 you might not be aware of.

You can contact Brandon through his website: https://www.insight1031.com

or email: brandon@insight1031.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

EP276 The Math They Should Be Teaching in School and Non-Performing Notes with The Canadian Note Guy Nathan Turner Apr 12, 2021

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 that caused a buyer to back out of one of his deals. You can contact Nathan by email: nathan@canadiannoteguy.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

EP275 Teaming Up to Rehab and Restore Downtown Duplexes with Mark Roys and Katie Lovley Apr 05, 2021

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 late nights and weekends spent on their first rehab, how they came close to running out of money, why they brought in investors, and the creative arrangement they struck with a next-door homeowner who wanted them to rehab his property as well.

I know you’re going to get a lot of great information out of this conversation with Mark and Katie. You can contact them through email at wsbpropertiesllc@gmail.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

EP274 Syndicating "Hamilton" and other Broadway Shows with Matt Picheny Mar 29, 2021

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 Matt is going to share how both Lin Manuel-Miranda and Robert Kiyosaki motivated him to leave the corporate world and become a syndicator, how he asset manages his apartment investments and oversees the KPIs (Key Performance Indicators), and the type of property he invests in.

Matt also goes into fascinating detail on the fundamentals and economics of investing in Broadway productions and shares the story of how he and his wife became early investors in Hamilton.

Whether you’re a theater lover or real estate investor, you’re going to love listening to Matt’s stories and experiences. You can find out more about Matt and the book he’ll soon be releasing by going to www.MJPinv.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

EP273 Goal Setting and Mindset Shifting to Achieve 110% with Master Syndicator Whitney Sewell Mar 22, 2021

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 seen in those areas.

I know you’re going to get a lot of value out of today’s conversation with Whitney. You can contact him by email or website:

whitney@lifebridgecapital.com

https://lifebridgecapital.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

EP272 Building Skyscrapers in New York and the Modern Wealth Building Formula with Ken Van Liew Mar 15, 2021

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 episode that will give you great insight into how a high-level developer, investor, and business owner thinks and acts in a very competitive and tough business. You can contact Ken through his websites:

https://kenvanliew.com

https://globalrestrategies.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

EP271 Go 100% Remote with Your Real Estate using Systems, Apps, Virtual Assistants, and Boots-On-The-Ground with Jon Huber Mar 08, 2021

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 determine what market he wanted to invest in, as well as some tricks he uses to increase his direct mail response rate.

I know you’re going to enjoy this conversation with Jon and pick up some great tips and ideas along the way. You can contact Jon through Instagram @ domuinvestments or www.domuinvestments.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

EP270 Syndication and Asset Management Tips & Techniques with Jeff Greenberg Mar 01, 2021

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 investing, this is a ‘must listen’. You can contact Jeff through his website or email:

https://synergeticinvestmentgroup.com

jeff@synergeticinvestmentgroup.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

EP269 How Laundromats, Hair Salons and Car Washes can Diversify Your Rental Income Streams with Keith Leimbach Feb 22, 2021

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 client or end user.

It’s extremely difficult to find real world information on these types of investments and you’re definitely going to appreciate how transparent Keith is in sharing his data and experience. You’ll also discover which asset class is Keith’s clear favorite. You can find out more about Keith by website or email:

https://www.dincpie.com

harry@dincpie.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

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 Feb 15, 2021

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 sponsors and the type of groups and asset classes he prefers to invest in. He’ll also share how he built his network of over 120 passive investors and how he communicates and educates them in the opportunities he’s pursuing. You’ll also get some incredible insight into the trends and new types of investments Al is targeting for 2021, including new apartment development in Montana and Triple-Net Leases in the Cannabis Industry.

Whether you’re raising money from investors or looking to invest passively in other people’s deals, you’re going to love listening to what Al has to say. If you’re an accredited investor and would like to get in touch with Al, you can do so by phone or email: 248-444-7670

oldivyrealestate@gmail.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

RPOA Special Announcement: Virtual Conference Kicks Off Thursday with Economics Professor Paul Isely Feb 13, 2021

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 year! And make sure to stick around after the presentation for networking with other attendees!

EP267 How She Went From Being Homeless to Building a 250–Unit Portfolio and a $14M Development with Terrica Lynn Smith Feb 08, 2021

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 projects, the board game she developed to teach development principles, and the mixed-use $14Million development she’ll be breaking ground on in 2021.

I know you’re going to enjoy this conversation with Terrica and hope you’ll be as inspired by her story as I was. You can find out more about her and her businesses through the following websites:

https://www.developersboardgame.com

http://saltcapitalequitygroup.com

http://www.terricalynnsmith.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

EP266 Investing in Notes and Helping Homeowners Stay In Their Homes During a Pandemic with Martin Saenz Feb 01, 2021

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 discuss how he’s working with his borrowers to help them avoid foreclosure, the types of note opportunities he’s investing in, what he’s expecting to happen in the next 12 months, and the $50 Million fund he’s building to acquire more assets.

Martin shares a lot of great investment knowledge that I know you’ll benefit from. You can find out more about Martin through his websites:

https://www.bqfunds.com

https://www.noteinvestingmadeeasier.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

EP265 His First Syndication and How He Went From a Duplex to a 76-Unit Apartment Complex with Lee Fjord Jan 25, 2021

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 rapidly. You can find out more about Lee or contact him by going to:

https://www.greenforestcapital.com

or facebook or Instagram @lee.fjord

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

EP264 How He's Building Legacy Wealth Investing In Alaska Real Estate with Joe Bell Jan 18, 2021

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’s set for himself to build Legacy wealth.

There’s a lot of great information packed into this episode. You can contact Joe through his website: http://www.legacybeyondlistings.com

EP263 Legal, Title, and Property Challenges In Real Estate Investing and How To Fix Them, with Dickie Baldwin Jan 11, 2021

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, and he’s here to share some of those stories with us.

Dickie will be discussing the importance of due diligence, why you need a reputable broker to create your BPO (Broker Price Opinion), why a Title Search is always a good idea, and many of the other considerations investors must make while investing across state borders.

https://baldwinadvisorygroup.com

dbaldwin@baldwinadvisorygroup.com

EP262 How to Create your Own 'Hidden' Opportunities by Using Publicly Available Records and Data with Sean O'Toole Jan 04, 2021

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 game changer. We’re also going to discuss ‘Information Arbitrage’ and how understanding that concept has helped Sean profit from deals other investors have avoided.

Sean is sharing a glimpse into a world that most investors spend little time understanding or researching. But those who do take the time can develop x-ray vision into opportunities that might scare away other investors.

Sean is sharing a glimpse into a world that most investors spend little time understanding or researching. But those who do take the time can develop x-ray vision into opportunities that might scare away other investors. You’ll definitely benefit from Sean’s examples and stories. You can find out more about Sean by going to www.propertyradar.com

EP261 How He Created 72 Streams of Multiple Income with Bryan Miller Dec 28, 2020

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 also learn about the passive investing he’s done in other people’s syndications, as well as the development projects he’s raising capital for in the LA area.

I know you’re going to enjoy this conversation with Bryan. You can contact him through his website: https://capitalstackinvestments.com

EP260 Taking Calculated Risks in Commercial Real Estate during the Coronavirus Pandemic with Johnny Merritt Dec 21, 2020

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 refusal’ clause in a contract, and how fractional general counsel arrangements can save you money and avoid legal problems.

I know you’ll enjoy today’s episode, especially the free legal insight and experience! Johnny can be contacted through his website @ https://johnnymerritt.com

EP259 Success Tips on Short Sales and Pre-Foreclosure Investing with Dwan Bent-Twyford Dec 14, 2020

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 homeowners through strategic marketing. Dwan will also discuss her outlook on the opportunities to expect due to the coronavirus’ effect on borrower’s ability to pay their mortgages.

This is a great episode for anyone who is looking for ways to find properties off-market by dealing directly with the seller and lender. You can contact Dwan through her website and continue the experience through her podcast:

https://dwanderful.com

The Most Dwanderful Real Estate Podcast Ever!

EP258 How He Went from Zero to 400 Units by Converting Owners into Sellers, with Sterling White Dec 07, 2020

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 making that same mistake.

I know you’re going to enjoy this episode with Sterling. You can find out more about him in the following ways:

Instagram: SterlingWhiteOfficial

https://www.sonderinvestmentgroup.com

Sterling was also previously a guest on episode #163

EP257 Is the Housing Boom About to Go Bust, or is it Just Getting Started? With Bob Fraser Nov 30, 2020

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 market still has plenty of room to continue it’s rise.

Bob and I also discuss what it means to be a “Lienlord”, First and Second Mortgage Notes, and why investing in Second Liens isn’t as risky as you might think.

Bob shares a ton of great information and value in today’s episode. You can find out more about him and Aspen Funds by going to https://aspenfunds.us

EP256 How To Pay Full Asking Price and Still Make a Huge Profit by Understanding Seller Psychology with Eddie Speed Nov 23, 2020

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 to discuss the creative ways he’s discovered to negotiate and buy on terms. You’ll be learning insight into seller psychology and why they’re so hung up on ‘getting their price’ or a certain interest rate, and how you can use those needs to your advantage. We’ll also discuss the mistakes sellers make when creating a note, and how and why they might eventually sell that note back to the original buyer.

Eddie’s examples and experience will definitely expand your mind as to what is possible when making an offer. You definitely don’t want to miss this episode.

You can download Eddie’s new book and find out more about his business by going to https://new.noteschool.com/moneyball-getstarted/

EP255 Discover Her Blueprint for Short-Term Rental Success, with Avery Carl Nov 16, 2020

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 is a huge amount of valuable information packed into this conversation. You can contact Avery through her website or email:

https://theshorttermshop.com

info@theshorttermshop.com

EP254 Getting into the GUTS of Rental Property: Electrical & Plumbing, Septic Systems, and Investing in Problem Properties with Mike Bonadies Nov 09, 2020

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 inspection, septic and fuel infrastructure issues that can create expensive toxic waste clean-up problems, as well as his experiences getting rid of tenants who were selling drugs or prostitution at his properties.

I know you’re going to get a lot of great information that will help you make better decisions when investing in rental property. You can contact Mike by going to:

https://www.terravestrapropertymanagement.com

https://www.sidebysidemro.com

EP253 Shifting Your Property Manager Mindset to Reduce Stress and Earn More Money with Gary Spencer-Smith Nov 02, 2020

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 to emotional manipulation, think like a tenant to reduce stress, and solve the 3 most common tenant problems managers encounter. We’ll also discuss the ad copy that attracts your ideal renters, Gary’s 4-level system for ranking tenants and property to ensure rents get paid, worst-cast analysis to prepare you for anything, and Gary’s systems and checklists that build confidence for tenant walk throughs, move outs, and repair requests.

I know you’re going to get a lot of great advice and ideas from this episode. You can learn more about Gary by going to https://www.revnyou.com

by email: gary@revnyou.com

Youtube: Rev N You with Real Estate

EP252 What Happened after 2 A.M. in this Haunted House? with Reverend Gerald Hunter Oct 29, 2020

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 Reverend Hunter through his publisher at https://thunderbaypressmichigan.com

EP251 Haunted Houses, Paranormal Activity, and the Roommates Who Don't Pay Rent and Can't Be Evicted with Reverend Gerald Hunter Oct 26, 2020

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. 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

EP250 An Exclusive Inside Look at What Goes Into Making This Podcast with Brian Hamrick Oct 19, 2020

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 Property Association for making it possible.

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 Oct 12, 2020

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 Keys, ADU’s (Accessory Dwelling Units), and Layout Changes. We’ll also discuss her hotel rehab and conversion strategy that she’s about to employ, and learn how and why rezoning is one of the most profitable things you can do in real estate investing.

I know you’re going to enjoy this conversation with Sri, and it’s very likely she will change the way you think about profiting from Real Estate. You can get in touch with her through www.thesrilathagroup.com and Instagram or sri@thesrilathagroup.com

EP248 Structuring Successful Commercial Multifamily Investments with John Azar Oct 05, 2020

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 going to score a wealth of information from today’s conversation. You can contact John through email or website: john@maccvp.com or https://maccvp.com

EP247 How His Shared Residence Model Nets over $1,000 a Month per Property with Ron Thomas Sep 28, 2020

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 property. We’ll also discuss the type of home that works best for this strategy, how Ron markets to his residents, and some creative financing strategies that can keep the acquisition cost reasonable.

Ron has a lot of great wisdom to share in this episode that every level of investor will benefit from. You can find out more about Ron and his training by going to https://courses.shared-residence.com

EP246 Note Buying & Selling Tips from the RPOA Expert Panel with Donna Bauer, Gene Chandler, & Kyle Zimpleman Sep 21, 2020

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 Financial, which specializes in buying one-off and large & small pools of distressed assets directly from banks, hedge funds, and private equity groups.

Kyle Zimpleman is also a note investor with a mission of helping distressed home-owners stay in their homes. Kyle is the President & CEO of Expand Capital Group and purchases distressed mortgages throughout the U.S. He’s also started a fund to help passive investors invest in this space. Kyle was a guest on episode #151.

EP245 How You Can Build A Successful Short-Term Rental Business with J Massey Sep 14, 2020

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 Massey through his website & podcast https://cashflowdiary.com

EP244 Should You Invest in Hiring a Virtual Assistant? with Amy Ransdell Sep 07, 2020

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 assistants.

Amy is going to explain the mindset that VA’s are an investment and not an expense, the DISC personality profiling she puts her VA’s through, and the process investor’s need to follow to determine if hiring a VA is right for them.

I know you’re going to enjoy this conversation with Amy. If you’ve never considered hiring a VA you’ll definitely be considering it after listening to this episode.

Amy can be contacted through email @ amy@revaglobal.com or https://revaglobal.com

EP243 Do You Have What it Takes to Raise Money Through Syndication? with Bruce Petersen Aug 31, 2020

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 many challenges and surprises he encountered while syndicating.

Bruce also has some great stories about the dead guy in the pool, failing bathtubs, the uncomfortable conversations he’s had to have with investors, and the $5 Million dollar wire that disappeared and what really happened to it.

I know you’re going to get a lot of great syndication knowledge from today’s conversation. You can contact Bruce by going to www.apt-guy.com or on Instagram at apt.guy.com or facebook at “the apt guy”.

EP242 How To Improve Your Online Presence So You Can Raise More Money For Your Real Estate Deals with Dr. Adam Gowar Aug 24, 2020

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 tips on content creation and how it can be used to educate and inform High Net-Worth Investors while building your own credibility. He’ll also share how he’s prospered during past downturns, and how you too can begin putting systems in place that will ensure you survive and thrive during this Coronavirus inspired downturn we’re all experiencing.

To find out more about Adam go to www.gowercrowd.com and download his free white paper on how to communicate with investors.

EP241 How To Survive & Thrive Through a Recession and Coronavirus with Jason Roberts and Rachel Schneider Aug 17, 2020

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 systems they’ve put in place and how those systems will work in today’s market. We’ll also discuss how Jason and Rachel are preparing themselves for the opportunities they’re expecting, and why they believe their hard-money lending business will continue to be successful.

I know you’re going to enjoy this conversation with Jason & Rachel. You can learn more about them by going to https://www.reiblueprint.com or through the REI Blueprint facebook page.

EP240 Solving the Need for Workforce Housing with Scott Choppin Aug 10, 2020

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 and the financial fallout from the coronavirus pandemic.

There is a very real problem in which wages in our country aren’t keeping pace with the cost of housing. Creative solutions like the type Scott shares in this episode are necessary if we’re going to overcome these challenges. You can contact Scott through his website at www.urbanpacific.com or learn more through Urban Pacific’s youtube channel.

EP239 How He Fixes Broken Apartments with Jerome Myers Aug 03, 2020

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, and we’ll also discuss why he prefers Joint Ventures over Syndications, why it’s so important to know how to convey the “Story” when applying for a loan, and how critical it is to establish a relationship with your lenders.

I know you’re going to enjoy and benefit from listening to this conversation with Jerome. You can contact Jerome through: https://www.jeromemyers.co

EP238 How You Can Achieve 'Time Freedom' through Passive Real Estate Investing with Travis Watts Jul 27, 2020

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. You can contact him in the following ways:

Download Free Passive Investor Resource Guide @ https://ashcroftcapital.com/passiveinvestor-old/

Email: travis@ashcroftcapital.com

Travis is also available on facebook, linkedin & biggerpockets

EP237 Mind-Blowing 1031 Exchange Strategies that will Shelter Your Profits from the IRS with Dave Foster Jul 20, 2020

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 follow when doing a 1031 exchange, why you must have a qualified intermediary, the types of properties and investments you can do this with, and whether or not you can 1031 into a syndication. Dave also shares some great examples and unique 1031 strategies that I guarantee will make you say 'Wow'!

If you’ve ever considered selling an investment property and sheltering your profits through a 1031 exchange, you’ll definitely want to hear what Dave has to say. You can contact Dave through his website www.the1031investor.com

The 1031 Exchange order form that gets listeners a $50 discount is www.the1031investor.com/podcast

Dave can be reached at 850-889-1031 and at dave@the1031investor.com.

EP236 How He's Acquiring 5 to 10 Properties a Month by Negotiating On His Terms with Chris Prefontaine Jul 13, 2020

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 strategies Chris recommends that new investors prioritize, how he survived the Great Recession, and the Core Values he believes are necessary when starting a business.

You can contact Chris through his website: http://smartrealestatecoach.com

To Download the Book “Real Estate On Your Terms”: www.freeSRECbook.com and www.newrulesforfree.com

EP235 Short Term Vacation Rentals RPOA Expert Panel 2020 Jul 06, 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 Appraisals and Next Door Properties, LLC

You can hear Kim on Episode #28 of the podcast.

Gary Hall is in his 4th season running an 11 unit as an airbnb motel.

Gary is an entrepreneur, passive income strategist, and the operations manager of Westshore Property Management in Muskegon managing both short and long term rentals.

Gary was also a guest on the podcast – episode #89 and the Halloween episode

If you're interested in investing in Short Term Vacation Rentals I know you're going to learn a lot from these experts. You can still join as a charter member in the Short Term Vacation Rental Association for $49 a year by following this link:

Become a Charter Member of the Short Term Rental Association

EP234 How to Increase Your Profits by Getting Control Over Your Utility Expenses with Scott Ringlein Jun 29, 2020

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 and financial solutions. Scott will be sharing his knowledge on funding sources and grants available for energy improvements, PACE Financing, Solar Power, and other tips that will save you money.

You're definitely going to want to check out this episode and will likely benefit from Scott's information. Scott can be reached through his website: https://energyalliancegroup.org

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 Jun 22, 2020

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 asset class, how do we value it, what are the risk factors, and in the age of amazon.com how will brick & mortar retail hold up in the future?

Luckily, we have an expert with us today to answer these questions. Chris Ressa is the Chief Operating Officer of DLC Management where he oversees an asset portfolio of $3 billion dollars and 18 million sq. ft. of retail space in 24 states. Since its founding in 1991, DLC has been one of the nation’s preeminent owners, operators and managers of shopping centers across the country.

Chris has been recognized by Chain Store Age and made their list of “10 Under 40: The Dazzling Dozen”. He also hosts the “Retail Retold podcast”. You can find out more about him through linkedin #RessaOnRealEstate, or by going to www.dlcmgmt.com

EP232 Investing in Self-Storage on a Massive Scale and Structuring Your Fund with Kris Benson Jun 15, 2020

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 investment opportunities, and the finer details of valuing every investor’s share in the fund.

You can contact Kris through www.reliantinvestments.com or linkedin (Kris Benson)

EP231 How He Bought an Island and is Building a World-Class Resort with Dan Behm Jun 08, 2020

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 team had to overcome to turn it into a world-class resort, how he’s maximizing profit, and the Return On Investment he’s targeting for investors.

I know you’re going to enjoy this fun and inspiring conversation with Dan. You should also check out the video version on youtube, where you’ll be able to see photos, renderings, and video from the project.

You can find out more by going to https://bocasbali.com

EP230 How He Applies His Christian Principles to Real Life Real Estate Situations with Ellis Hammond Jun 01, 2020

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 opportunities and investors, and we’ll also discuss how his Christian Faith informs the decisions he makes as a landlord and entrepreneur.

I know you’re going to enjoy this episode. You can contact Ellis through linkedin, https://kingdomcapitalists.co or https://ellishammond.com

EP229 Deal Packaging, Homes of Multiple Occupancy, and Raising Cash in the UK with Susannah Cole May 25, 2020

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 of ‘Deal Packaging’, which is similar to wholesaling with several key differences. Susannah is also an expert on raising money from High-Net Worth Investors and will be discussing how she’s been able to attract them to her investments.

You’ll definitely find the differences and similarities between investing in the United States and the UK highly interesting. Susannah’s experiences will help any listener improve their own investing. You can find out more through her Youtube channel: https://www.youtube.com/user/goodpropertycompany

and website: https://www.thegoodpropertycompany.co.uk

EP228 Sometimes the Best Deal is the One You Walk Away From, with Ken Jenkins May 18, 2020

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 reach Ken by email: kenj@thepropmanagers.com

EP227 How He’s Achieving Financial Freedom through Student Housing Investing in California with Ryan Chaw May 11, 2020

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 he’s using to manage remotely, ensure on-time rent payments, and market through Facebook. Ryan can be reached through his website: www.newbierealestateinvesting.com

EP226 A Rocketship to Multifamily Success with David Toupin May 04, 2020

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 matter where you are in life.

David can be reached through Instagram @realestatejedi or https://www.obsidiancapitalco.com

Special RPOA Economic Forecast with Paul Isley Apr 30, 2020

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 light on the state of our economy and what we can expect in the coming months and years. Whether you listen to the podcast episode or watch the youtube video in order to view Paul's economic charts this is an episode you don't want to miss!

EP225 Will This Mastermind Group Help Him Dominate The Detroit Flipping & Rehab Market? With Ramond Harris, Justin Workman, Patrick Spitzley & Stephen Benedict Apr 27, 2020

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 auction table.

I know you’re going to enjoy this episode as much as I did. Ramond is very open about the very common challenges he faces in his business. You’ll also benefit greatly from the advice offered during the show.

EP224 From Maintenance Man to over $290 Million and 5,000 Units in Acquisitions with Glenn C. Gonzales Apr 20, 2020

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 challenges at the property management company he worked for, and how he was able to raise the funds to acquire his properties. We’ll also discuss his experiences raising money from crowdfunding companies, as well as Family Offices.

I know you’re going to enjoy this conversation with Glenn and benefit from his wisdom. Glenn can be reached by email or through his website:

glenn@obsidiancapitalco.com

https://www.obsidiancapitalco.com

EP223 Is It Time To Sell Your Rental Properties? Roundtable Discussion with Ben Blake, Jeremy Schumann and Justin Workman Apr 13, 2020

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 going to help us talk through this very important decision-making process.

My first guest is Ben Blake, and when he was last on the show, episode #149, he discussed his 12-unit Grand Rapids portfolio, and why he decided to take over the management himself. Ben recently sold his entire portfolio, and today we’re going to learn why.

Also in the studio is Jeremy Schumann, who owns a 13-unit portfolio here in Grand Rapids, Michigan. Jeremy is currently trying to decide whether he should hold or sell, and we’ll be talking through that decision with him.

And friend of the show, Justin Workman, is joining us as well. Justin always lends a mathematical and informed perspective on these types of decisions, and I’m sure he’ll balance out any opinions I might have as the four of us go through the different thought processes and cashflow and appreciation calculations a rental owner must consider before selling their investment property.

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

EP222 The Nitty-Gritty of Mobile Home Park Investing and Finding Success by Doing What Others Fear with Ryan Narus Apr 06, 2020

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 confronting drug dealers on his properties. Despite all this you’ll learn why Ryan has dedicated his business to this asset class. You can contact Ryan through his website: http://www.archimedesgrp.com

RPOA Coronavirus Update: What You Can & Can’t Do to Manage Your Rental Properties Apr 02, 2020

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

EP221 Asset Managing Mobile Home Parks Through a Pandemic and Exploring Parking Lot Investing with Kevin Bupp Mar 30, 2020

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 and he has over 16 years of experience and over $100 Million in transactions. He teaches others how to invest in mobile home parks through his Mobile Home Academy and he also hosts the very popular podcast “The Real Estate Investing for Cash Flow Podcast”.

If you’re looking for a deep dive into the in’s & out’s of mobile home park investing you can listen to my previous conversation with Kevin on episode #181 of this show. You can find out more about Kevin by going to https://www.kevinbupp.com

EP220 Coronavirus: How Will It Affect Your Real Estate Investments with Neal Bawa Mar 23, 2020

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 going to help us understand the two distinct scenarios that could occur depending on our government’s willingness to put many parts of the U.S. on lockdown. He’ll discuss the outlook for multifamily and apartment investors and breakdown the different asset classes on their vulnerabilities to the economic shock. Neal will also share the types of opportunities he sees on the horizon and whether you should be doing any deals right now.

If you own and invest in real estate then you’ll definitely want to hear what Neal has to say. He’s not going to sugar-coat the truth, and there are some silver linings that could help us survive and thrive through this difficult time. If you want to learn more about Neal or get access to his timely webinars, you can go to:

https://www.grocapitus.com

https://multifamilyu.com

https://coronavirusrealestate.com

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. Mar 16, 2020

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 historical data, real estate is likely to do okay during these turbulent times. You’ll also learn the value of ‘controlling the corner’ and playing real life ‘Monopoly’. You can get in touch with Mike by email or phone:

Mike@grar.com

616-914-1556

EP218 Shooting the Sacred Emotional Support Cow and Fighting Adverse Legislation with RPOA Lobbyist Tabitha Zimny Mar 09, 2020

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 special announcement regarding the new Short-Term Rental Association which will be representing Short-Term & Vacation rental owners across Michigan. We'll also discuss the RPOA PAC fund, which brings us to the table with our lawmakers in order to have influence on the votes and decisions they make.

If you own rental property it is imperative that you know what's going on at the legislative level that will affect your business. After listening to this episode you'll have a much better understanding of the gauntlet a bill has to go through to become a law, as well as the importance of the RPOA and Tabitha in shaping those laws.

EP217 Adding Massive Value and Taking Massive Action to Exponentially Increase Your Success with Rod Khleif Mar 02, 2020

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 is a multiple business owner & philanthropist, has owned over 2000 homes and apartment buildings, and has built over 22 businesses worth tens of millions of dollars.

How does he do it? What is the secret to his success. Well I’ve been lucky enough to become friends with Rod and even joined his Multifamily Boardroom Mastermind Group, and I believe I understand why he excels on every level. And that’s partly what we’re going to discuss today – what makes Rod tick, what is the secret to his massive success, and how can you take that secret and make it part of your own success.

Today, Rod is going to take us through his goal-setting process, share how and why he insists on adding massive value, and discuss how he's pushed past his own self-limiting beliefs. If you're looking for a huge boost to your mindset then this is the episode you want to listen to.

Rod is also sharing a $100 discount on his MultiFamily boot camp taking place in Orlando May 1st-3rd. You can access this discount by going to https://rodsbootcamp.com and entering the code "RPOA"

EP216 Mitigating Risk Through Self-Storage Investing with Scott Meyers Feb 24, 2020

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 strong asset class, how Scott is raising private equity, the importance of training, coaching, and mentorship, ground-up construction, how Scott invests in multiple states, and the difference new technologies are making in the self-storage industry.

There's a lot of great new information in today's conversation with Scott. You can also listen to our previous conversation on Episode #159.

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

Special Invitation to the RPOA's 2020 Annual Conference Feb 21, 2020

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!

EP215 Renovating for Massive Profits & Passive Wealth Building, and Turning Buy & Hold Real Estate into Vacation Rentals, with Robyn Thompson Feb 17, 2020

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 be sharing her wisdom on working with contractors, and building a team of mature adults who can actually get the work done. Robyn recently built a six-bedroom vacation rental property, and we'll be discussing how that process went. You'll also learn how she built up her teams and systems for the Vacation Rental business as well.

Robyn is a great speaker and has an incredible amount of wisdom to share. You can also listen to my previous conversation with Robyn on episode #53.

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

EP214 Wholesaling Best Practices, Investor Mistakes, and Economic Outlook with Vena Jones-Cox Feb 10, 2020

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.

Today, Vena will be discussing the mistakes she's seeing Wholesalers make, as well as the bad advice they're receiving that is giving them a bad name. Vena will discuss her Best Practices, and the importance of automating your business with real people who are trained to physically inspect the properties and understand it's true value. Vena will also tell us what happens to Wholesaling when the market slows down, and her economic outlook for the next six years.

You can also listen to my previous conversation with Vena on episode #55. And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

EP213 The Hidden Market of Distressed Properties in Your Area, and Tony Young's Persuasive Techniques with Sellers Feb 03, 2020

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 be the first to name the price.

I know you're going to enjoy this episode because there's a lot of actionable advice from Tony that will provide tremendous value to the success of your next offer.

EP212 The Secrets of Raising Private Money, with John Burley Jan 27, 2020

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 by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

EP211 How Buying Notes is the Fastest, Easiest, and Safest Way to Make Huge Profits in Real Estate with Donna Bauer Jan 20, 2020

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 returns in one year.

Donna also shares how she gets her notes to pay off early, the two profit centers of a discounted note, and the quality of notes she typically looks for. There’s a lot of great info in this episode about profiting from notes without having to spend any of your own money. Enjoy!

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

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 Jan 13, 2020

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, Jim is going to tell us the difference between a ‘Sandwich’ Lease Option, and a ‘Cooperative’ Lease Option. He’ll also give us real-life examples of his greatest successes as well as his worst-case scenario. Spoiler Alert – Jim has never lost money with this strategy. Jim will also discuss how this ‘no-risk’ strategy will perform during the next downturn or recession, and how it works no matter what the economy is doing.

No matter where you are in your real estate investing path, you’ll definitely want to check out today’s episode. Jim’s strategies are simple to understand and accessible to every type of investor.

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

EP209 How a Single Mother of 2 Discovered a Way to Increase Her Cash Flow by 4X in Student Housing, with Dixie Decker Jan 06, 2020

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 housing and the larger student apartment complexes.

Dixie 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.

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

EP208 How He Transitioned from Professional Sports Star to Real Estate Entrepreneur, with Mikey Taylor Dec 30, 2019

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 fascinating to talk with someone who has been at the top of their game in one world, and is now playing at the same level in the real estate world. I know you're going to enjoy this episode, and it's the perfect way to start off the New Year.

You can contact Mikey by email: mikey@communecapital.com

Or through the web: https://communecapital.com

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

EP207 Buy & Hold V.S. Lease Option with Anne Amagrande Dec 23, 2019

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 comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

EP206 Coming to America - An International Perspective on Real Estate Investing in the U.S. with Reed Goossens Dec 16, 2019

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 going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

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 Dec 09, 2019

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 successful investor. You can find out more through Facebook: Mark Owens REI, or contact him through email: Mark@MarkOwens.com

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

Special RPOA Course Announcement: Rehabbing for Rental and Flipping Profits with Justin Workman Dec 05, 2019

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

EP204 Changing the Paradigm of Property Management and Five Ways To Maximize Your Investment Property Returns with David Friedman Dec 02, 2019

My guest today has figured out a way to make rental property ownership easier and more profitable, and he's going to share his unique approach to making money and building wealth through rental properties.

David Friedman is a Boston-based real estate Entrepreneur and founder of Knox Financial, which is focused on helping people convert their homes into rental properties and managing those properties for them.

He's also written several articles for Forbes.com with advice for landlords, including "Five ways to maximize investment property returns", and "How to avoid 6 common rental property pitfalls". We'll be discussing these articles, which include some very interesting ideas.

David can be reached through his website:

https://knoxfinancial.com

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

EP203 The Tax-Advantaged Way to Loan Yourself Money and Be The Bank for Real Estate Acquisitions with Mark Willis Nov 25, 2019

Today's guest is going to help us rethink debt. Specifically the type of debt we might put on a Real Estate Investment. Instead of going to a traditional bank or lender, did you know that there is a Tax-Advantaged way to loan that money to yourself?

Mark Willis is going to explain how this is possible through a Super-Charged, Modernized, and Maximized Whole Life Insurance Policy. Mark is a certified financial planner, two-time best-selling author, and owner of Lake Growth Financial Services. He also hosts the "Not Your Average Financial Podcast" and helps his clients invest in real estate without going broke while creating retirement income that they won't outlive.

Mark will be pushing back on the conventional wisdom regarding whole life insurance v.s. term life insurance, and explain how a whole life insurance policy, properly set up, can be used to loan money toward your investments. He'll also discuss the tax benefits and the returns you can expect.

Since this is a new concept to me as well, I do my best to ask Mark a lot of detailed questions about how Whole-Life Insurance Lending really works. If you're looking for more tax-advantaged ways to lend yourself money and fund your deals, then this is definitely an episode you won't want to miss.

Mark can be contacted through his website www.growmorewealth.com

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

EP202 Investing Passively in Multifamily & Apartments with Randy Langenderfer Nov 18, 2019

My guest today is focused exclusively on investing in Multifamily & Apartments. With his partners he's invested in 11 different properties with over 2,300 units.

But Randy Langenderfer wasn't always a Multifamily investor. He got his start in Real Estate Investing by House Hacking his first duplex before becoming a Hard Money Lender.

Today we're going to discuss how & why Randy made the leap to Apartments, and how he managed to grow his portfolio so quickly. Randy is also going to share his experiences investing passively, both good & bad, as well as the common denominators he's seen in his successful partners and the importance of transparent communication.

If you've ever wanted to partner with someone else, or invest in someone else's deal, then you'll want to hear what Randy has to say. Randy can be reached by email at randy.langenderfer@invest-ark.com

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

EP201 Buying "Subject To", Wraparound Mortgages, and Zero Percent Seller Financing with Brad Smotherman Nov 11, 2019

There are many creative ways to Buy & Sell Real Estate, while creating Owner Financed Paper in the process. And my guest today has done them all. Brad Smotherman owns and manages a 7-figure per year Flipping Business called American Community Investments and holds Notes across middle Tennessee. He's invested in 14 states and completed 100's of transactions.

Brad is going to discuss what it means to purchase a property 'Subject To' the existing mortgage, and what happens when the lender 'Calls In' the loan. You'll also learn what a 'Wraparound' Mortgage is, and how you can profit from creating one.

Brad also discusses how he's able to purchase property with zero percent owner financing, the importance of mentorship, what it means to 'Buy Equity', and why Wholesalers are leaving money on the table by not employing the strategies he's discovered.

There are a lot of great tips and techniques that you'll learn in today's conversation. Many of them haven't been discussed on the show before. Brad can be contacted through his website: http://www.bradsmotherman.com

And you can also check out his podcast called "Investor Creator"

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

EP200 Preparing for the Next Downturn with the Help of The Rental Property Owners Association and Clay Powell Nov 04, 2019

Welcome to a very special 200th Episode! To celebrate I thought it would be fun to have a conversation with the man who made this podcast possible – Clay Powell, the director of the Rental Property Owners Association.

Clay and I will be talking about the importance of organizations like the RPOA and how we’re helping landlords and investors through the good times, which is what we’ve all been experiencing for the past ten years, and the anticipated downturn that many economists are expecting to happen in the next year or two.

We'll also discuss how the RPOA is positioning itself to be at the forefront of helping landlords and investors no matter what the economy is doing. We also have exciting news about the RPOA’s Real Estate Investor Mastery Training Program, and how its now going to be accessible beyond the West Michigan area. We’ll also discuss the RPOA’s knowledge base, where we answer the most frequently asked questions.

You'll also get a peak behind the curtains of the podcast, and I'll be revealing the top three episodes and guests of all time. You'll also get a sneak peak at the Annual Conference, and the featured speakers we'll be bringing to you in 2020. If you're wondering how you can prepare yourself for the eventual downturn, and prosper during both good times and bad, this is an episode you won't want to miss.

Clay can be reached through the Rental Property Owners Association by going to www. rpoaonline.org

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

EP199 Surprises After Closing on a 144-Unit Apartment Complex with Justin Richards & Aaron Lenartz Oct 28, 2019

When Justin Richards and Aaron Lenartz were last on this show, they shared everything they'd just gone through in finding, negotiating, syndicating, and closing on a 144-unit apartment complex in Memphis Tennessee. You can check out Episode #140 to hear that story. Today, you're going to find out what happened after the close and how its affected their outlook and decision making process ever since.

Justin and Aaron are going to share some of the challenges they faced and how they came up with the solutions to solve them. We'll discuss the engineering report and the cash shortfall that can occur when the lender reserves funds from the closing to make immediate repairs, but doesn't release that money until after the repairs have been completed. We'll learn about some difficult partnerships that Justin & Aaron have had to walk away from, as well as the key members they've since added to their team.

Justin and Aaron share some painful experiences of the acquisitions that have fallen through since then, and the uncomfortable news they've had to share with their investors. You'll learn why some of those deals didn't happen, and the physical inspection at one property that revealed over $7 million in deferred maintenance the owner failed to disclose.

Justin and Aaron also discuss the 600 units they currently have under contract, and how they're laying the groundwork to have plenty of capital throughout the next financial downturn.

There's a lot for any investor to learn in this episode, and Justin & Aaron don't hold back from sharing the challenges they've overcome this past year. You can find out more about them by visiting them on the web at https://www.greysoncapitalgroup.com

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

EP198 The Amazing Real Estate Investing Advantage Available to Active Duty Military and Our American Veterans with Eric Upchurch Oct 21, 2019

For many of our American Active Duty Military and Veterans, investing in Real Estate may seem like a far-off objective, especially if they're deployed overseas or moving from location to location without any sense of permanence. However, if you're Active Duty Military, or a Veteran, you have some serious purchasing power that you may not be aware of.

Eric Upchurch has made it his mission to help those in the military understand and realize the power of creating monthly passive income through real estate, even while they're active duty. Eric served six years in the 160th Special Operations Aviation Regiment, and is the author of "Military House Hacking: How to Live Free, Earn Passive Income, and Create Generational Wealth". Eric also hosts the "Active Duty Passive Income Podcast".

Eric is going to help us understand the incredible firepower of the VA loan, and how it can help our military service members invest in real estate and live for free through house hacking. We'll also discuss the unique challenges facing our service members as they transition out of service, and how their military training both helps and hinders them as real estate investors.

Whether you're currently serving in the military, or you're a veteran, or you know someone who is, you'll definitely want to listen to what Eric has to share. Eric can be reached through his website:

https://www.activedutypassiveincome.com

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

EP197 Turning Around Dire, Desperate, and Dangerous Properties While Under Extreme Pressure, with "Burn Zones" Author, Jorge P. Newbery Oct 14, 2019

One of the Best Books I've read this year is "Burn Zones", by my guest today, Jorge P. Newbery. In his book, Jorge tells a fascinating and brutally honest story of his rise from newspaper boy to Punk Rock Entrepreneur, from International Cycling Champion to Mortgage Broker, Distressed Apartment Investor, Publicly Vilified Landlord, and Socially Conscious Entrepreneur.

Today, we're going to focus on three crucial periods in Jorge's incredible life: His early beginnings as an entrepreneur in the 1980's Los Angeles Punk Rock scene, Why he bought a run-down apartment building when the city health inspector warned him he'd end up in jail, and what really happened at Woodland Meadows, an 1,100 unit apartment complex in Columbus Ohio that was nicknamed "Uzzi Alley" for all of the murders and gun violence that had occurred there.

There is nothing safe about this episode or Jorge's investing experiences. Jorge's willingness to charge into challenges that other investor's would find impossible have made him hugely successful, and, as you'll discover, hugely controversial, politically condemned and ultimately, inspirational.

Along the way, Jorge has an enormous impact in his tenant's lives, and he continues to have an impact through his socially responsible hedge fund, American Home Owners Preservation. He also hosts a Facebook live show called "Financial Freedom Fridays with Jorge P. Newbery".

Jorge can be contacted through Facebook or his websites:

https://debtcleanse.com

AHPServicing.com

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

EP196 How Mindset, Salesmanship, and Adding Massive Value Helped him Sell over $150 Million In Real Estate, with Sam Newell Oct 07, 2019

By his own account, Sam Newell grew up poor on the wrong side of the railroad tracks in Salt Lake City, Utah. Today you're going to find out how he transitioned from his humble early days into a successful real estate investor and realtor with sales over $150 Million.

Sam is an apartment investor, syndicator, and real estate agent who's been in the business for over 10 years. He's also the co-founder of IPI Acquisitions, and a real estate agent at Century 21 Everest Realty Group in Utah, where he heads up their commercial division.

Sam is going to share how his work ethic and training in door-to-door sales and cold-calling led him to be an ultra-successful salesman. You're going to learn Sam's best practices for door knocking, delivering bad news to clients, and how he informs and communicates with his investors. You'll also hear Sam's perspective on whether or not you should get a real estate license while investing in real estate, and whether or not your should pay yourself out of your cash flow or invest it back into growing your portfolio.

Sam is a great guy with a lot of incredible value to add during today's conversation. He can be contacted by text or email:

Text - 801-995-2220

samnewellrealestate@gmail.com

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

EP195 How Technology will Propel Real Estate Investing into the Future with Ryan Wendlandt Sep 30, 2019

Can you believe that the iPhone is only 12 years old? When you consider all of the advantages and efficiencies that smart phone technology has created for rental property owners, its hard to imagine doing any type of business without it.

My guest today is going to tell us What's Next on the Technology Horizon that will not only revolutionize the way we show and lease our properties, but will also help us control our expenses and increase our income.

Ryan Wendlandt is currently employed in the Technology Industry and is focused on 5G technology. Today he's going to share his unique insight into the benefits of 5G, including the use of Augmented and Virtual Reality to aid in showing our units, built-in sensors that will monitor our resident's utility and trash usage, and the increased capacity we will have to make more money.

Ryan is also a Real Estate Investor who has acquired five deals in the past year in Grand Rapids, while investing from San Diego. He's going to share how he's able to find his deals and manage them from thousand's of miles away.

I know you're going to enjoy hearing Ryan's expectations for 5G technology's impact on your Real Estate Business. He can be contacted through his website:

www.gowithvitality.com

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

EP194 Landlord Revolution: Maximize your Cashflow through Alternate Income Streams of Short Term Rentals & Corporate Housing with Al Williamson Sep 23, 2019

Is the Landlord profession overdue for a Revolution? Is the Business Model of covering mortgages and operating costs by charging rent no longer sufficient? My guest today believes both of those statements to be true.

Al Williamson is known as the "Worlds First Landlord Scientist", and he's on a quest to help other landlords maximize their Cashflow through alternate income streams such as Short Term Rentals and Corporate Housing. He also has other valuable tips on increasing income and lowering expenses, many of which I'd never thought of before our conversation.

Al's going to share the tips and techniques he's used in many different modes of real estate investing, including turning around inner city houses and neighborhoods, an inexpensive way to avoid costly plumbing issues, why vacancy is a function of marketing, and how he makes money off of corporate rentals even when he doesn't own the property.

Al is also the author of "40 Ways to Increase The Net Income of Your Rental Property", and he can be contacted through his website or email:

https://leadinglandlord.com

al@leadinglandlord.com

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

EP193 How He's Achieving His Goal of $50,000 Monthly Income with Nick Disney Sep 16, 2019

If you had to guess the #1 reason why many entrepreneurs and real estate investors fail, what would it be? Lack of money?, Opportunities?, or Bad Timing? According to my guest today, Lack of Focus and the inability to set Clear and Specific Goals is the number one reason.

Nick Disney has spent the past ten years learning how to implement strategic goals in order to build a portfolio of 17 rental properties and 20 performing notes. He owns a real estate business called "Sell My San Antonio House" and specializes in the different aspects of real estate investing, self-development, entrepreneurship, and running a small business.

Today we'll discuss the importance of focusing on what exactly you're trying to achieve and how to break it down into the key activities you need to focus on each day. Nick will relate these ideas to the specifics of how he achieved his goal of reaching $10,000 monthly income.

We'll also discuss the crossroads that investors come to and how they must shift their goals as they find success. Nick reached that crossroad as a 'buy & hold' investor, and decided to shift his business to become the bank and hold the note. He'll take us through the methodical process he went through to reset his goals in order to achieve $50,000 in monthly income from his business.

There's a lot of great actionable content in this episode, and Nick makes it accessible for all levels of real estate investor. You can contact Nick by email or through his website:

https://www.sellmysanantoniohouse.com

nick@sellmysanantoniohouse.com

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

EP192 Surviving Bad Partnerships, Negative Cashflow and Rent Control with Seth Ferguson Sep 09, 2019

What do you do when your business partner goes rogue and ends up destroying your entire Real Estate Portfolio? If you're like my guest today, then you pick yourself back up and commit to building an even bigger & better one step-by-step.

Seth Ferguson is a Canadian real estate investor with 11 years of experience investing in single family, apartments, and helping others as an award-winning real estate broker. He's also an author, Cable-TV host, and has his own podcast "Purchase To Profits".

Today Seth is going to dig deep and share his most painful experience, the disastrous breakup of his business partnership and the Red Flags he should have paid more attention to. He's also going to explain 'Negative Gearing', which basically means buying properties with negative cashflow, and why investors are willing to buy this way.

We also discuss the pitfalls of the Canadian real estate market, the differences in their residential loan structures v.s. the United States, and the movement toward rent control and the negative effects it has on real estate investors and housing availability.

Seth also focuses on networking with high-performing investors, and we discuss the common traits he's noticed in the ultra-successful investors. This is just one of the great chunks of information you'll benefit from in this episode.

You can find out more about Seth @ http://www.sethferguson.org

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

EP191 How He's "Crushing It" in Apartments & Commercial Real Estate with Author, Brian Murray Sep 02, 2019

There are some great books available that can teach you how to invest in Commercial Real Estate, and one of the best of these books was written by today's guest.

Brian Murray is the Best-Selling Author of "Crushing It In Apartments And Commercial Real Estate: How a Small Investor Can Make It BIG". He's also the Founder & CEO of Washington Street Properties, which owns and operates a large portfolio of assets in upstate New York. Brian has invested in Apartments, Office Buildings, Retail Centers, Storage, Billboards, Parking, and Mixed Use.

Today Brian is going to share how he was able to build his entire portfolio through the "Value Add" process, without raising any capital from outside investors. You'll learn what those Value Add strategies are, how Brian negotiates with sellers to acquire Seller Financing, what it was like to transition from his first Office Building to investing in Apartments, and why he sometimes will overpay for the right property.

At one point in his career, Brian was a full-time teacher, and I know you're going to find what he has to say very instructive. This is a great episode for anyone who is interested in Commercial Real Estate or who wants to build a team of professionals to help them manage their portfolio.

Brian can be reached through Linkedin or Facebook. His email is brian@washingtonstreetproperties.com, and his book can be purchased on amazon.

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

EP190 Recession Resistant Assets: Multifamily V.S. Self Storage & Mobile Home Parks, with Paul Moore Aug 26, 2019

Today we're going to compare the Pro's & Con's of investing in Multifamily & Apartments V.S. two other commercial asset classes: Self Storage & Mobile Home Parks. Which is harder to acquire in today's market, and which will do the best during a good economy as well as a bad one?

Paul Moore has returned to the show to help us answer these questions. You might remember Paul from episode #42, where we talked about his book "The Perfect Investment: Create Enduring Wealth From The Historic Shift to Multifamily Housing". Paul has since changed his outlook on Multifamily, and today you're going to find out why.

Paul is also the Founder & Managing Director of Wellings Capital, which manages two private equity funds in commercial investments. Paul is going to share the Value Formula he uses to exponentially create wealth in commercial properties, the tax benefits provided through Real Estate Investing, and the types of returns he strives to achieve for his investors.

Paul also hosts the podcast "How To Lose Money", where I was a guest on episode #7 talking about a Meth House I (may have) owned in New Mexico. I always enjoy my conversations with Paul because he's so knowledgable on so many aspects of commercial investing. I know you're going to enjoy this episode & learn some tips that will help you increase your bottom line.

Paul can be contacted through his website:

https://www.wellingscapital.com

EP189 How He Left His Job to Become a Wholesaler, Flipper, & Rehabber in Detroit with Todd Chunn Aug 19, 2019

When people ask me about investing in Detroit, my stock response is that there are a lot of great opportunities, but you really need to work with someone who understands the neighborhoods and where to find those opportunities. Because, if you're one or two blocks off, you could lose a lot of money.

Earlier this year I had the pleasure of traveling around Detroit with a seasoned investor who was kind enough to show me the neighborhoods he's investing, improving, and profiting in. We also got to see a number of properties that he's in the process of rehabbing, flipping & selling.

Today I'm excited to have Todd Chunn on the show. Todd is a Detroit Real Estate Investor, Wholesaler, and Auction Expert at Best Invest, LLC, and he also owns a property management company called 'Investors Property Management Detroit' specializing in managing Detroit rentals for out-of-state & local investors.

Todd shares a lot of great information in this episode: how he went from an employee mindset to owning several businesses, how he's finding his investment opportunities, the challenges of investing & managing tenants in Detroit, and how he became a foreclosure auction specialist.

You'll also learn about the seminar and investment guru who changed Todd's life, as well as the importance of mentorship and what makes someone a 'Rockstar' employee. Todd also has a great story about hiring several squatters to help him protect his houses.

I know you're going to enjoy this episode. I was lucky enough to spend the day with Todd, and I'm thrilled that we can bring you this conversation about his business.

Todd can be reached through email, Facebook & text (to get on his buyer's list):

todd@bestinvestllc.com

facebook: Best Invest

text for Buyer's List: 248-497-9195 & type in "Buyer's List"

EP188 Making Money off of Obsolete Buildings by Turning them Into Climate Controlled Self-Storage with Scott Krone Aug 12, 2019

Today we're going to talk about Adaptive Re-use of Commercial Space and how it can be turned into an Asset Class that is Very Attractive & Extremely Profitable.

My guest is Scott Krone, the managing partner of Coda Management Group, a company that teams up with investors to purchase and convert undervalued warehouse space into climate controlled Self-Storage Facilities.

Scott has a Masters of Architecture Degree from the Illinois Institute of Technology and he's created 47 syndications and has over 400,000 sq. ft. & 2,759 storage units under management, along with over 25 years of development & design-build experience.

Scott is going to share the process he goes through in converting old warehouse space to self-storage, including his typical costs per sq. ft. for acquisition, construction & soft costs. He'll discuss the financing that's available for these projects and how Coda builds and sells their developments to REITS.

Scott & I also discuss the importance of Mentors, what ever happened to the original 'Lincoln Log' factory in Chicago, and how he uses personality profiling techniques to build his team and understand his clients better.

I know you're going to enjoy this episode, and you can learn more about Scott by going to his website:

https://www.codamg.com/

EP186 Rehabber and Buy & Hold Investor Frank Maratta has some questions for Brian & Justin Workman Aug 05, 2019

My guest today is Frank Maratta, a listener & fan of the show who contacted me with some great questions. So I thought I'd have him on the show to answer them with the help of Justin Workman, another friend of the show who's been on many episodes.

Frank is an experienced investor and landlord with 12 units that he rehabbed & manages. Frank's favorite strategy is to buy a property, rehab it using his own subs and serving as the General Contractor, and then complete a cash-out refinance in order to pay himself back and raise money for the next deal.

Frank has some excellent questions that Justin & I do our best to answer, even though we disagree on several of our answers:

Should Frank get a 30-year or 20-year mortgage?

Should he "buy down" the points in order to get a lower interest rate?

Will a new roof increase the appraisal value? (the answer to this will surprise you)

What is our current outlook on the market?

Frank's questions make for a lively discussion (& arguments) with Brian & Justin. This is a fun episode that I know you're going to enjoy. If you'd like to get ahold of Frank, you can email him at:

frank@marattainvestments.com

EP185 Choosing Your Partners, Presenting Your Deals, and the Fiduciary Responsibility You Have to Your Investors with Jonathan Twombly Jul 29, 2019

Jonathan Twombly spent 12 years as a corporate attorney for some of the most prestigious law firms in New York, Boston, and London, before switching tracks and becoming a full-time real estate investor and syndicator.

Now, Jonathan is the owner of Two Bridges Asset Management and his attention to detail, creative thinking, and tendency to notice overlooked connections has had a huge impact on his returns, as well as those of his investors.

Today we'll discuss how Jonathan chooses his partners, and why you shouldn't treat your partnership like a marriage. You'll also learn how Jonathan overcame some setbacks early on when his deals didn't pan out, and how he spent three years chasing opportunities before completing his first deal.

Jonathan also shares tips on working with attorneys, how he presents his opportunities and tells the story of the deal, what it means to have a fiduciary responsibility to your investors, and his outlook on the multifamily and apartment market.

Jonathan also hosts the Real Estate Launchpad podcast (I was a guest on episode #28), and can be reached through his website & Facebook page:

https://realestatelaunchpad.net/booster/

Multifamily Investment Community (Facebook)

EP184 Raising Money from the Ultra-Wealthy and How To Pitch Your Opportunity to a Centimillionaire with Richard Wilson Jul 22, 2019

Today we're going to talk about Raising Capital from a source that we typically don't consider when putting together the equity for our investment opportunities. We've discussed syndication and raising funds from high net-worth accredited investors, but what about the Ultra-Wealthy - those with over $30 Million in net worth?

My guest today is Richard Wilson, the Founder & CEO of Family Office Club, and he is going to help us understand what the Ultra-Wealthy look for when investing their capital, and the top 6 headaches of Family Offices worth over $100 Million. He'll also reveal how you might be able to help them while funding your own opportunities.

Richard also shares what he teaches investors about coming up with their 'one-line pitch', why its better to be 'long-term greedy' and create lasting relationships with family offices, what a typical deal structure might look like, and what not to do when pitching to the Ultra-Wealthy.

Richard is also the author of "Centimillionaire Migraines", as well as other books on Family Offices. He runs the largest community of family offices globally called "The Family Office Club", with over 1,750 registered family offices, and hosts the "Family Office Podcast".

You can find out more about Richard by going to his websites:

https://familyoffices.com

http://capitalraising.com

EP183 The Teacher who Transitioned into Multifamily and raised over $10 Million from Private Investors with Todd Dexheimer Jul 15, 2019

Todd Dexheimer is a former teacher who has been investing in real estate since 2008. He's accomplished over 200 flips and currently controls over $15 million in Apartments and Multifamily.

Today, Todd is going to share how he's managed to grow his portfolio so quickly, and what he's done to raise over $10 million in private equity.

Todd is also the host of the "Pillars of Wealth Creation" Podcast where he interviews successful business leaders. He's also the principal owner of Venture D Properties which syndicates Apartment Opportunities in emerging markets around the country.

Todd and I will discuss how he scaled his business from Single-Family to Apartments, investing in markets outside your backyard, the importance of realistically budgeting for Cap Ex improvements, and the mentors and books that have helped him achieve his success.

There's a lot of great insight and information packed into this episode. You can contact Todd through the following websites:

http://www.venturedproperties.com

http://coachwithdex.com

EP182 New Construction & How to be a Residential & Commercial Real Estate Developer and Real Estate Strategist with Bradley Hartwell Jul 08, 2019

Today we're going to talk about New Construction & what it takes to be a Real Estate Developer. A lot of people think this is an exciting and rewarding career - but is it?

My guest today is going to help us figure that out. Bradley Hartwell is the Founder and Real Estate Strategist with North Town Real Estate, a West Michigan Real Estate firm specializing in acquisition, brokerage, consulting, and development of residential and commercial properties. He's also a Professor of Real Estate at Central Michigan University.

Bradley has been an instrumental player in developing several large commercial and residential projects in the Grand Rapids area, and today he is going to take us through the process - from identifying the site and other pre-development tasks, to the construction process and the eventual completion and leasing of the property.

We'll also discuss the strategy of building apartments that can be converted to condos later on, and the role financing and fund raising plays in the process. Bradley also has a lot of experience & stories that he'll be sharing with us.

If you've ever considered developing your own real estate project, or are interested in the development and construction process, then this is a 'must-listen' episode with a seasoned expert. You can contact Bradley through his linkedin or email:

https://www.linkedin.com/in/bradley-hartwell-19074147/

bradley@northtownre.com

EP181 The Pro's & Pitfalls of Mobile Home Park Investing with Kevin Bupp Jul 01, 2019

Today we're going to talk about Mobile Home Park Investing with a renowned expert on the subject. Many of you know Kevin Bupp from his popular podcast "Real Estate Investing For Cashflow". Kevin is a serial entrepreneur with over $100 Million in transactions, including apartments, single family homes, office buildings, raw land, condos, and his favorite, mobile home parks.

Today Kevin is going to tell us how a lunch meeting turned him into a Mobile Home Park Investor, how this asset class compares to apartment investing, why cities and municipalities are zoning these parks out of existence, and what you're really investing in when you buy one of these communities.

Kevin will also share his tips on working with the homeowners and residents of these parks, the criteria he uses when conducting due diligence on an investment opportunity, and how to avoid the pitfalls that can cost investors a lot of money. Kevin shares a scary story about a very lucrative-seeming investment that went wrong because the utilities needed replacing.

Kevin also teaches his methods to Mobile Home Park Investors across the country, and you can learn more by going to his websites:

https://mobilehomeparkacademy.com

http://dealfindersformula.com/home

EP180 Fighting to Save Teardown Homes in Kalamazoo with the stars of HGTV's "Gritty To Pretty", Jeremy Cole & Ramon Huerta Jun 24, 2019

One of the bonuses of attending the RPOA's Annual Conference this past February, is that everyone had the opportunity to enjoy a special Q&A session with Jeremy Cole & Ramon Huerta. If you don't know who these guys are, you soon will.

They're the stars of "Gritty To Pretty", an HGTV show that was just about to air its 2nd episode on the DIY Network, and has since been picked up for a full season by HGTV - which they are currently shooting.

Jeremy & Ramon are both passionate about improving the Kalamazoo, Michigan neighborhoods they invest in, and Jeremy is on a mission to save homes that the city would prefer to tear down. In this episode he goes into detail on the true cost of tearing down homes in terms of dollars, neighborhood impact, and the availability of affordable housing.

This is a wide-ranging Q&A with a lot of great questions from the audience about investing, rehabbing, and being on a hit reality tv show. It was a lot of fun to record, and I know you're going to enjoy this episode and everything Jeremy & Ramon have to share.

EP179 Applying Data Science to Markets, Multifamily, and Property Management with Anna Myers Jun 17, 2019

Anna Myers acquired her first 500 Multifamily units in 2018, and another 300 units in 2019 (so far). Today we're going to find out how she's been able to grow her portfolio so quickly through her systematic approach to analyzing markets and opportunities, as well as her ability to create pivotal & strategic partnerships.

From single-mother, to surviving the tech market crash of 2000, to becoming a small business owner and eventually the Vice President of Grocapitus, Anna has always relied on her analytical skills to improve her opportunities. Today we're going to learn how she's seized certain opportunites along the way that have led to her success. Whether it be volunteering to build an analysis tool for her mentor, Neil Bawa, or becoming an educator and trainer on commercial underwriting through MultifamilyU.

Anna will share how she uses her systematic approach and knowledge of data science to find the best markets that will weather the next downturn, analyze potential multifamily opportunities, and improve the management and leasing of the apartments she owns. And yes, Anna will name the markets that she finds most compelling.

Anna's perspective is unique in this industry, and you'll definitely appreciate the wisdom & knowledge she's about to share. You can find out more about Anna and the courses she teaches for MultifamilyU by going to https://multifamilyu.com

EP178 Avoiding Nightmare Residents through Proper Tenant Screening, with DJ Newman & Grand Slam Investigations Jun 10, 2019

One of the biggest fears landlords and rental property owners have is nightmare residents. I'm talking about tenants who seem okay at first, but then decide they're not going to pay rent, damage your property, and cost you thousands of dollars trying to evict them and clean up their mess.

How can we avoid this problem? Well, the best answer is proper tenant screening. But not everyone understands what the best practices are, or even how to go about it.

Today, I'm talking with DJ Newman, the owner of Grand Slam Investigations. DJ is a licensed private investigator and an expert on running background, criminal & credit checks on potential tenants. DJ is going to share his screening methods in order to help you find the very best residents for your property.

Grand Slam Investigations is also affiliated with the RPOA, and DJ will discuss the benefits they provide to RPOA members. He also has some great stories of the private investigation work he's done, including the survelliance work that led to having a shotgun pointed at his head, along with some other scary encounters.

I know you'll enjoy this conversation with DJ, and you'll definitely get some tips that will help you find better residents. You can contact DJ through Grand Slam Investigations' website or by phone.

www.gsipi.com

231-359-1555

EP177 How He Builds Confidence, Credibility & Rapport with Sellers while Day-Trading Real Estate with Larry Goins Jun 03, 2019

Larry Goins is a visionary, entrepreneur, real estate investor, and educator. He's been investing in real estate for over 30 years, and has previously served as the president of the Metrolina Real Estate Investors Association in Charlotte, North Carolina.

Today, Larry is not only going to share details on his Real Estate Day-Trading system, he's also going to show exactly how he builds Confidence, Credibility, and Rapport with Sellers. He'll take us through real-life conversations to illustrate how you can get people to like and trust you, Price-Condition your sellers, and close the deal.

Larry will also share how he builds his lists, vets and funnels his buyers, conducts due-diligence on his opportunities, and the process he follows once the property is under contract. This is all top-level information that any investor will benefit from.

Larry also travels throughout the U.S. speaking and training students on buying HUD Homes, Virtual Real Estate Day Trading, Seller Financing, and his "Filthy Rich" system of investing. He's also a noted author and hosts an excellent podcast called "Brain-Pick a Pro Podcast".

You can get a free copy of Larry's book "Getting Started in Real Estate Day Trading" by calling 1-877-LARRY GO and asking for a copy. Be sure to mention this podcast.

Larry can also be contacted through his website at www.larrygoins.com

EP176 House Hacking, Property Management, Vacation Rentals, and how she applies her Social Work background to managing her Businesses with Chelsea Roelofs May 27, 2019

Real Estate Investing and Property Management is a People Business, and Chelsea Roelofs was trained early on how important that concept is. Chelsea has a background in social work that has helped her attract clients and residents through her company Rockfinch Realty, a full-service property management and real estate brokerage company.

Today we're going to learn how Chelsea transitioned into real estate from social work, as well as the house-hacking investments she made in the historic neighborhoods of Grand Rapids, MI.

Chelsea is also going to discuss her single-family & vacation rental investments in Grand Rapids & Muskegon, a lodge she recently purchased in Newaygo, and her property management philosophy that has helped build her successful business.

I know you're going to enjoy hearing Chelsea share her experiences in real estate, and the lessons she's learned along the way. You can find out more about Chelsea by going to:

http://www.rockfinch.forsale/content/about-rockfinch-realty

EP175 Owning & Managing Student Housing Rental Property with Jared Behrens May 20, 2019

Owning and Managing Student Housing Rental Property can be very rewarding, but it takes a unique approach and strategies that are different from traditional property management. If you are considering purchasing property for student housing, or you currently own & manage student housing, then you'll definitely want to hear the best practices and advice from our guest today.

Jared Behrens is the General Manager at American Realty Property Management, which specializes in managing A-class single family rentals and student housing in the West Michigan area. They currently manage over 325 units for 60 different owners.

Jared is going to share his tips on leasing to students and managing their expectations, along with their parent's expectations. We're going to discuss which months you have to be prepared to move all your students in & out of the units, as well as when you must have them leased by.

You'll learn why Jared advises having the students sign a 'jointly and severally liable' lease, and what type of properties and bedroom/bathroom configurations work best for students.

There's a ton of great advice packed into this episode. You can contact Jared through his email, website, phone, Twitter, or Instagram:

http://american-realty.net

Email: jaredb@american-Realty.net Phone: 616.913.9004 Twitter: @jaredbeh Instagram: @jared315

EP174 Note Buying Expert Panel Discussion and Q&A with Sue Nelson, Gene Chandler, & Kyle Zimpleman May 13, 2019

Performing and Non-Performing Notes. You've definitely heard us talk on this podcast about this area of investing. While the returns can be quite lucrative, there are many risks to consider, as well as barriers to entry. When entering this arena it pays to be well informed.

That's why, at the recent RPOA Annual Conference, we held an Expert Q & A Panel Discussion on Note Buying. We had three experts there to help us understand what notes are, the investment opportunity they provide, the pro’s and con’s of investing in notes, and how they've each been successful in the single-family and commercial note investing arena.

If you’re interested in investing in notes yourself, then you definitely will get a lot of great information from our expert panel today.

Sue Nelson is a trainer and coach who has done almost every type of creative real estate deal. Sue is an expert in commercial, multifamily, REOs and notes, and I actually joined her commercial note training program back in 2012. Sue was recently a guest on the podcast - episode #162.

http://reonoteprofits.com

REONoteProfits@gmail.com

Gene Chandler has 45 years of real estate investing experience and is the asset manager for Chandler & Chandler Financial, which specializes in buying one-off and small pools of distressed assets directly from banks, hedge funds, and private equity groups.

Gene was a guest on episode #80, and I was so impressed by our conversation that I ended up investing with Gene, and together we’ve purchased 12 non-performing notes.

chandlerfinancialllc@gmail.com

https://www.chandlerfin.com

Kyle Zimpleman is also a note investor with a mission of helping distressed home-owners stay in their homes. Kyle is the President & CEO of Expand Capital Group and purchases distressed mortgages throughout the U.S. He’s also started a fund to help passive investors invest in this space. Kyle was a guest on episode #151.

kyle@expandcap.com

http://expandcap.com/about/

EP173 How to Acquire REO's and Foreclosures before they hit the market by Purchasing The Note with Wylea Griggs May 06, 2019

Today we're going to talk about an asset-class that I love: Performing & Non-Performing Notes. Notes are the underlying contract or mortgage that a home-owner is paying on, or sometimes not paying on. Whether they're performing or non-performing, notes can offer a lucrative opportunity to make money and help distressed homeowners in the process.

Wylea Griggs, the owner of Eleesee Solutions, LLC, is a local Grand Rapids investor who has been purchasing non-performing notes. Today she is going to walk us through three of her recent deals and show us how she was able to make 30 to 60% returns, while helping several homeowners get past some difficult setbacks and get current with their mortgage payments.

Wylea also hosts a local meet up group: "Grand Rapids Note Closers - Wine & Notes for Self Directed IRA Real Estate Investors". They'll be meeting this Wednesday, May 8th, from 6 to 9pm at the Cascade Winery, 4665 Broadmoor, Kentwood, MI 49512.

I know you're going to enjoy hearing Wylea's story of how she got started investing in real estate and ended up realizing the benefits of investing in notes. You can contact her by phone, email, or her website:

616-329-5955

eleeseesolutions@yahoo.com

www.eleeseesolutions.com

EP172 How He Grew from a 2-Unit to 640 Units, all in His Own Backyard with Jason Pero Apr 29, 2019

Jason Pero bought his first duplex in 2001 and never looked back. He quickly acquired more units, started a management company, and left his W-2 job by 2012. He now owns over 650 Units that he manages through his company, Pero Real Estate, located in Erie Pennsylvania.

Jason recently completed his first syndication of 86 units and is going to share with us how he structures his deals for investors. We'll also learn how & why he prefers to acquire properties in his own backyard, off-market, and directly from sellers. And Jason will share the tools and software he uses in his property management business.

Jason is also the President of his local REIA, the Apartment Association of North West Pennsylvania. We discuss why its important to be active in your local real estate groups and how its helped both of us make huge progress in our investments while giving back to the investor community.

I know you're going to enjoy this conversation with Jason. He shares a lot of the details on how he grew his portfolio, and how he and his wife were both able to leave their W-2 jobs.

Jason can be contacted by email at jasonpero@yahoo.com

EP171 Legalized Marijuana & Your Investment Property: Expert Q&A with Justin Wheeler Apr 22, 2019

With the recent legalization of marijuana in Michigan and other states around the country, many real estate investors and landlords have been wondering what this means for their investment property.

Are tenants now able to smoke marijuana in their units? Do we need to change our leases to accommodate this new law? Can we get in trouble if we evict a tenant for smoking marijuana? How can we as investors profit from this new law? How do we identify these new opportunities?

At the recent RPOA annual conference we held an expert Q&A discussion with Justin Wheeler, a real estate attorney with the law firm Bolhouse, Hofstee & McLean. Justin practices in the areas of business and real estate and has several clients in the marijuana space.

If you are at all concerned about the implications of the legalization of marijuana on your investment property, or you're excited to know where the opportunities are in this space, then you'll enjoy hearing Justin discuss the in's & out's of this new law.

Justin can be reached by email:

justinw@bolhouselaw.com

EP170 How He's Finding Multiple Off-Market Opportunities with Patrick Spitzley Apr 15, 2019

If you're looking for opportunities in today's hot market, and chasing after those that are listed on the MLS by realtors or brokers, chances are you're experiencing a great deal of competition and frustration.

My guest today has managed to avoid that agony by finding off-market deals. Of his last 20 acquisitions, he's only gone through the MLS one time. That's 19 off-market deals that he's been able to find in the past year!

Today, Patrick Spitzley is going to take us through his most recent rehab acquisitions and how he found them without going through the traditional channels. Patrick is a SFH rehabber and long-term investor who specializes in buying the worst house on the block and turning it into a cash cow. He's also a friend of the show who has appeared on episodes #13, 87 & most recently #168.

Patrick's going to take us through, deal by deal, how he found these opportunities. From auctions to hoarder houses, from his insurance agent to a contact he made through the Deal Room at the RPOA's Annual Conference, Patrick knows how to beat the bushes and is going to share his secrets.

Enjoy!

EP169 The Language Of Land - Finding, Funding & Profiting from Lots & Unimproved Land with Jack Bosch Apr 08, 2019

Jack Bosch owns rental houses, commercial properties and even large apartment communities. However, Jack's main passion is for buying and selling Lots and Unimproved Land.

Jack and his wife began investing in land back in 2002, and it took them only 18 months to make over $1 Million dollars. Now Jack is known as "The Land Guy", and he teaches his strategies to investors all over the world. Today he's going to tell us how he finds, funds, and profits from buying land.

Jack is also the #1 Best-Selling Author of the financial literacy book "Forever Cash: Break the earn-spend cycle, take charge of your life, and build everlasting wealth". Jack also hosts the successful podcast "Forever Cash Life- Real Estate Podcast".

This is a great episode for anyone who is interested in investing in real estate but doesn't want to deal with tenants, toilets & trash. Jack shares a lot of real-life examples and detailed knowledge from his experiences buying & selling land. You can contact Jack in the following ways:

www.jackbosch.com

www.landprofitgenerator.com

www.forevercashbook.net

facebook: forever cash group & land for pennies

"Forever Cash Life - Real Estate Podcast"

EP168 Can This Mastermind Group Help Him Fix His Rehabbing & Flipping Business Model? With Ramond Harris II, Patrick Spitzley, and Justin Workman Apr 01, 2019

I met Ramond Harris II at the RPOA's Annual Conference last month, and after hearing his story I knew that we needed to record a podcast immediately. You see, Ramond is seemingly a successful Detroit-based wholesaler, rehabber & flipper. But there was something wrong with his business model, and he was trying to figure out how to fix it.

So I invited Patrick Spitzley and Justin Workman, two experienced rehabbers and Friends of the Show, to join us for a Mastermind Session, in which we learned about the challenges facing Ramond in his business, analyzed his situation, and helped him come up with concrete solutions to improve his systems and create more profit for himself.

And I thought we were doing a pretty good job. Until half-way through the mastermind session Ramond dropped a bomb into the conversation. At that point we realized what the real problem was...!

I know you're going to enjoy this conversation with Ramond. You'll learn a lot about what it means to be an entrepreneur and investor, and how some of the decisions we make can impact us without even realizing it. Ramond really opens himself up to the group and isn't afraid to share the whole truth about his business.

At the end of the episode you'll also get to enjoy a recent update from Ramond, as well as the conversation that took place after everyone thought I'd turned of the microphones! This is one of my favorite episodes, so I hope you enjoy it as much as we did!

Ramond can be reached by email: ramond.harris@yahoo.com

EP167 Demographics, Trends, and Technologies that are Shaping the Future of Real Estate Investing with Linda Liberatore Mar 25, 2019

As Rental Property Owners and Landlords, we need to be aware of the changing demographics, trends, and technologies that are shaping the future of Real Estate Investing, especially when it comes to the impact of Millenials and Generation Z on our businesses.

Linda Liberatore speaks on these topics all over the country and is the Founder & CEO of Secure Pay One, a company dedicated to Landlord Empowerment. She's also the author of the bestselling books: "Landlord's Secrets", "My Landlord Helper: The Keys to Managing Your Real Estate", and "Daily Inspirations to Achieve Your Real Estate Investment Goals".

Linda's going to help us understand Demographic Trends and the expectations of Generation Z that you must consider, Cost-Effective Technology Solutions that you can apply to your rental business, Social Media Marketing, Navigating the Friction Points in Leasing & Marketing, and her projections of what changes we should expect in the coming years.

Linda shares a lot of great knowledge and experience in this episode. You can get in touch with her by email, phone or website:

lindal@securepayone.com

847-436-9006

http://lindaliberatore.com

Enjoy!

EP166 Rental Property Maintenance, Contractors, and Dealing with City Inspections with Amanda Szabo & Tom Harrold Mar 18, 2019

Hiring Contractors, handling Maintenance issues and dealing with City Inspections are a reality of owning residential rental property. The level of efficiency and quality employed in handling these issues can either add huge value or create huge problems for your investment properties. It can be helpful to understand the best practices employed by the professionals in our industry to make sure we're following the rules and not wasting money.

That's why today's conversation is a must listen for anyone who owns or is thinking of owning Rental Property. We are going to break down the process of taking proper care of your investment property. We're going to discuss the logistics of scheduling repairs with your tenants, managing expectations of owners and residents, finding and hiring the best vendors and contractors, and handling city inspections.

Having this conversation with me today are two experts in their field: Amanda Szabo is a general manager at LeaseGR, a West Michigan Property Management Company that has been in business for over 15 years. Tom Harrold is the manager of Rental Property Maintenance (RPM), a West Michigan company that handles maintenance, repairs, and rehabs for landlords and property managers in the Grand Rapids area.

This is a great nuts & bolts episode for understanding the best ways to take care of your rental property investments. You can reach Amanda and Tom in the following ways:

Amanda Szabo, General Manager at LeaseGR

www.leasegr.com

aszabo@leasegr.com

616-257-3997

Tom Harrold, Manager @ Rental Property Maintenance (RPM)

https://rpm616.com/contact/

tharrold@rpm616.com

EP165 Making Your Money When You Buy and the Three Rules of Investing in Multifamily with Joseph Gozlan Mar 11, 2019

Joseph Gozlan is a Multifamily Investment Specialist with a portfolio of over 500 units in strong secondary markets in Texas. He's also a former lieutenant in the Israeli Defense Force and has over 17 years of leadership experiences in the software industry, which helped him sharpen his business and analytical skills as well as his "big picture" perspective.

Joseph is also a fascinating guy with a lot of great real estate wisdom to share. In today's conversation Joseph takes us through his thought process comparing multifamily investing to other types of investing, and how this helped him go from zero to 500 units in less than three years.

We also discuss the massive generational shift in demographics that is having an enormous impact on rental housing, Joseph's three rules of investing that will see him through good and bad economic cycles, and how he's in the process of changing out his management team.

Joseph also makes it clear that Multifamily investing is not as easy as some might say. It takes a lot of work and perseverance, and Joseph discusses the many challenges that he's had to face.

I know you're going to enjoy this highly enlightening conversation. Joseph is also a broker and uses his 360 degree perspective of multifamily investing and ownership to help his buyers and sellers. You can learn more about Joseph through his brokerage website and his acquisition website:

www.ebgtexas.com

www.ebgtx.com

EP164 Real Estate Investor Tax Update and Opportunity Zones with Duane Culver Mar 04, 2019

Last year we saw the passage of the Trump Administration's Tax Cuts and Jobs Act which created opportunities for investors and small business owners to lower the amount of taxes owed. However, there were still some outstanding questions that needed to be answered.

Luckily we have Duane Culver back on the show today to shed some light on those lingering questions and how they apply to your 2018 tax preparation. Duane is a CPA and President of Culver CPA Group. Today he'll give us the low-down on the following topics:

Qualified Business Income Deduction (QBID) and how it relates to your rental income.

Do you still have to pay the Affordable Care Act Health Insurance Penalty?

Reminder on the larger Standard Deduction you're able to take.

Change in how you can deduct charitable contributions.

What you need to know about Opportunity Zones.

If you're about to sit down & do your own taxes, or you have a professional prepare them, it pays to learn as much as possible about tax rules & how they apply to real estate investing. The more you understand, the more you'll be able to use tax law to your advantage, avoid mistakes, and prevent IRS audits. You can also go back and listen to last years tax conversation with Duane, Ep#112, where we discuss the Tax Cuts and Jobs Act in more detail.

Duane can be contacted by email, his website, or phone:

dculver@culvercpagroup.com

www.culvercpagroup.com

616-456-6464

Enjoy the show, and please take a moment to go to itunes to subscribe, rate & review.

EP163 Building Rapport with Sellers, Finding Off-Market Deals, and Impressing Your Investors with Sterling White Feb 25, 2019

My guest today started investing in Real Estate by buying and selling over 100 single family homes before transitioning into multifamily. Within 3 years he went from owning zero to 300 units across the country!

Sterling White is an investor and business owner on a mission to make the world a better place through principled and efficient real estate investment. He's also helped other investors raise money for their deals and attract private money through a software platform he co-developed called "Syndication Pro".

Today Sterling and I discuss how he was able to grow his portfolio so quickly, and the differences he sees between fixing & flipping and owning multifamily. Sterling also has some great stories on the methods he uses to build rapport with sellers and investors, and how a 'thank-you' card helped him beat out multiple higher offers.

Sterling will also share why he avoids brokers and prefers to find off-market deals. We'll also talk about syndication and why he helped design and build an on-line investor portal to make the process more efficient and profitable.

Sterling shares a lot of great knowledge in this conversation that will be helpful to anyone looking to find off-market deals or raise money from investors. You can contact Sterling through email or his website:

sterling@syndicationpro.co

https://www.syndicationpro.com

Special 'Gritty to Pretty' Announcement and Annual Conference Update Feb 21, 2019

In this quick update, Jeremy Cole and I share an important announcement about two events you don't want to miss:

First off, today (Thursday, February 21, 2019) is the first day of the RPOA's Annual FREE Conference & Expo, and there will be a special Q&A session tonight at 6pm with the stars of HGTV/DIY's hit show 'Gritty to Pretty'. Arrive early for the 5:30 happy hour and chance to meet Jeremy and Ramon Huerta live!

You will also have the opportunity to watch their show this Saturday, February 23rd at 8pm when it airs on the DIY Network. Your action item for the day is to set your DVR to record, or watch it live, because the more people who check out this episode, the better the show's chance of getting to the next level at HGTV.

For more information about the conference, and to register for FREE, go to www.rpoaonline.org

We'll see you there!

EP162 Commercial and Multi-Family Investing with Sue Nelson Feb 18, 2019

Sue Nelson has constructed almost every type of creative real estate deal: commercial short sales, loan modifications, options, master leases, JV agreements, and note buys. You name it, she's done it! That's why I actually joined Sue's coaching group several years back - I knew that I could learn from her experiences to help get me to the next level as a real estate investor.

And today Sue is going to talk about the different ways she's invested in Multi-Family and Apartment Real Estate. We'll discuss how she structures her deals with sellers and investors, how she knows whether or not she's investing in a good area, what you must remember when working with a broker, and what it takes to become a transaction engineer.

Sue will also be one of our featured speakers at the RPOA's Annual Michigan Landlord & Real Estate Investor FREE Conference & Expo which is happening in Grand Rapids, Michigan from February 21 through 23, 2019. This is the largest Landlord & Real Estate Investor Conference in the Midwest, and you can register for free at:

https://rpoaonline.org/training-events-annual-conference-expo/

Sue will be speaking on Friday and Saturday about investing in Commercial and Multi-Family with REO's and Notes. I can tell you from personal experience that you do not want to miss this incredible opportunity to learn from Sue. She is a master of the creative real estate deal!

Special Invitation to the RPOA's FREE Conference & Expo Feb 14, 2019

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 FREE Conference & Expo of 2019", happening February 21, 22, & 23 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 rpoaonline.org to register for FREE, and we'll look forward to seeing you there!

EP161 Increasing Your Rental Cashflow by the Thousands with Jeffrey Taylor, a.k.a. "Mr. Landlord" Feb 11, 2019

37 years ago, Jeffrey Taylor and his wife became accidental landlords. But they had no way of knowing that long ago, that the mistakes they were making and the challenges they were facing, would someday go on to inspire tens-of-thousands of real estate investors and landlords across the country.

Today you will find out how Jeffrey Taylor transitioned from being a full-time school teacher into Mr. Landlord, a highly sought-after speaker, trainer and author who has spent the past 34 years teaching landlords how to treat rental property as a business, increase their cash flow, and reduce their headaches along the way.

Jeffrey & I recorded this conversation in 2017 and it originally was released as Episode #57. You'll definitely want to listen to it again, because it includes his non-traditional ideas on how to increase your tenant's satisfaction and create more freedom for you as a rental property owner. Plus, Jeffrey's ideas will make you more money in rental income.

Jeffrey will also be one of our featured speakers at the RPOA's Annual Michigan Landlord & Real Estate Investor FREE Conference & Expo which is happening in Grand Rapids, Michigan from February 21 through 23, 2019. This is the largest Landlord & Real Estate Investor Conference in the Midwest, and you can register for free at:

https://rpoaonline.org/training-events-annual-conference-expo/

"Mr. Landlord" is one of our most requested, popular, and entertaining featured speakers of all time, and you'll definitely want to listen to this episode and come learn from him live.

Enjoy!

EP160 Short-Term & Vacation Rental Investing with Beth Carson Feb 04, 2019

Short-Term & Vacation Rentals like Airbnb are getting a lot of interest from investors because of their potential for exponentially increasing your income.

My guest today, Beth Carson, helps investors and vacation rental owners make as much money as possible out of their investment. Beth has been in the hospitality industry for 18 years working with mini-resorts and high-end homes, and has helped investors go from losing millions a year to being profitable in one month.

Beth is a well-known expert on the subject of of Short-Term & Vacation Rentals, and she will also be one of our featured speakers at the RPOA's Annual Michigan Landlord & Real Estate Investor FREE Conference & Expo which is happening in Grand Rapids, Michigan from February 21 through 23, 2019. This is the largest Landlord & Real Estate Investor Conference in the Midwest, and you can register for free at:

https://rpoaonline.org/training-events-annual-conference-expo/

I know you're going to enjoy today's episode. Short-Term & Vacation Rentals couldn't be a hotter topic right now, and Beth has a lot of great insight into how you can profit in this type of investment.

Enjoy!

EP159 Self–Storage Investing with Scott Meyers Jan 28, 2019

Today we're going to talk about a real estate asset-class that I love. It's one where you have renters, but they don't live in the property. You quite often don't have to worry about heat or water, and when someone moves out you can sweep their unit clean and move someone else in the very same day.

I'm talking about Self-Storage investing, and my guest today, Scott Meyers, is going to show us how this can be a great way to create massive cash flow without all of the downside associated with residential rental units.

Scott is a well-known expert on the subject of Self-Storage investing, and he will also be one of our featured speakers at the RPOA's Annual Michigan Landlord & Real Estate Investor FREE Conference & Expo which is happening in Grand Rapids, Michigan from February 21 through 23, 2019. This is the largest Landlord & Real Estate Investor Conference in the Midwest, and you can register for free at:

https://rpoaonline.org/training-events-annual-conference-expo/

This is a great episode for you to get more familiar with an investing strategy that can be very profitable. Even if you're already investing in Self-Storage I know you'll get a lot of great information from this conversation that will take you to the next level.

Enjoy!

EP158 Mobile Home Investing Systems, Management & Mastery with Marco Kozlowski Jan 21, 2019

Many investors are turning to mobile home investing to avoid the crazy competition in the real estate market for rentals and flips—and they’re succeeding! Mobile homes are sometimes the only alternative for those families with less money to spend on rent.

My guest today, Marco Kozlowski, believes that anyone can achieve success in real estate and is betting that mobile home investing is the fastest and best way to achieve that dream in today’s market. Marco shares specific examples of the deals he's done and the systems he's put in place to ensure success.

Marco is a leading expert in mobile home and real estate investing and is the owner of a variety of successful companies in multiple countries.

Marco will also be one of our featured speakers at the RPOA's Annual Michigan Landlord & Real Estate Investor FREE Conference & Expo which is happening in Grand Rapids, Michigan from February 21 through 23, 2019. This is the largest Landlord & Real Estate Investor Conference in the Midwest, and you can register for free at:

https://rpoaonline.org/training-events-annual-conference-expo/

There's a lot of great information in today's conversation with Marco that I know you're going to enjoy and profit from.

EP157 Where to Get More Money to Do More Real Estate Deals with Alan Cowgill Jan 14, 2019

One of the biggest questions real estate investors have is "where can I get More Money to do More deals?". Or, if you're just starting out, how can you find the funds to do your first deal?

My guest today has the answers. Alan Cowgill teaches investors around the world how to find Win-Win situations and attract and convert folks into Private Money Lenders to get all the money you need to get deals done.

Alan will discuss how he first stumbled upon the power of using private money, the types of presentations that attract private money, the mistakes he's seen others make, and the SEC rules that must be followed.

Alan will also be one of our featured speakers at the RPOA's Annual Michigan Landlord & Real Estate Investor FREE Conference & Expo which is happening in Grand Rapids, Michigan from February 21 through 23, 2019. This is the largest Landlord & Real Estate Investor Conference in the Midwest, and you can register for free at:

https://rpoaonline.org/training-events-annual-conference-expo/

I know you're going to enjoy listening to my conversation with Alan. If you're in need of funds to do more deals then this episode is a "Must-Listen".

Enjoy!

EP156 The Nuts & Bolts of Rehabbing & Flipping For Profit with Cameron Gaskill Jan 07, 2019

Cameron Gaskill didn't start in Real Estate Investing from a place of wealth or privilege. He was struggling to make ends meet and living paycheck to paycheck. When he would tell people he wanted to become a real estate investor they would laugh at him. After disaster struck he decided to follow his dream, and he's since rehabbed and flipped over 800 houses in Florida.

Today Cameron is going to take us through his successful process of rehabbing and flipping, working with contractors, and the systems he's set up to be as efficient as possible. You'll learn what type of home Cameron likes to buy, and what he avoids. We'll also discuss the numbers - what he'll pay and how much he wants to make on each project. Cameron also has advice on how to find the funds to become a successful flipper and rehabber.

Cameron will also be one of our featured speakers at the RPOA's Annual Michigan Landlord & Real Estate Investor FREE Conference & Expo which is happening in Grand Rapids, Michigan from February 21 through 23, 2019. This is the largest Landlord & Real Estate Investor Conference in the Midwest, and you can register for free at:

https://rpoaonline.org/training-events-annual-conference-expo/

I know you're going to enjoy listening to my conversation with Cameron. He shares a lot of great down-to-earth advice on managing the nuts & bolts of rehabbing and flipping.

Enjoy!

EP155 From Apartment Syndication to Purchasing Distressed Mortgages with Adam Adams Dec 31, 2018

My guest today is an experienced buyer of Non-Performing Notes who got his start investing in Multifamily and Syndicating Apartment opportunities. Adam Adams' first deal was an 11-unit apartment complex, and he has bought and sold over 500 units. Currently he's a net-seller.

Adam jumped into buying Non-Performing Notes by buying a pool (multiple notes) for just under $1 Million. We're going to discuss that pool today, and Adam will share how he was able to profit while helping home-owners stay in their homes.

There's a lot of pitfalls and mistakes that you can encounter when purchasing notes, and Adam has some very helpful advice and warnings on what to avoid, as well as the dangers he sees in today's market. We also discuss the unintended consequences of the Dodd Frank Act, and how its impacting people's ability to purchase a home.

Adam has a lot of great wisdom to share, and listening to this episode will help you avoid the Crying Game - which is what happens when you purchase notes the wrong way. Adam is also a pipedrive CRM software expert, and you can watch his tutorials and learn more about his business at his website:

http://www.ajarealtyinvestments.com

EP154 How He Made and Lost Millions in Real Estate, Market Cycles, and Qualified Retirement Plans V.S. SDIRAs with Damion Lupo Dec 24, 2018

My guest today is a really interesting guy with a lot of great stories to tell. Damion Lupo has a 5th degree black belt in real estate investing, and he's a financial transformation architect. You'll have to listen to this episode to understand what both of those mean. You'll also want to listen and learn how Damion built up a portfolio worth $20 million, and then lost much of it in the Great Recession.

Damion shares many of his crazy stories about losing money, dealing with tenants, and why his investment career can be compared to the tv shows "Breaking Bad" and "Dexter". Damion talks about spending over $1 million on seminars, gurus, and mentors, and what he's gained from those experiences. He explains why he won't do business with anyone in their 20's, and discusses his thoughts on where we are in the current real estate cycle and what might happen during the next recession.

Damion is also an expert on "QRPs", or Qualified Retirement Plans. He'll explain what they are and the power they give investors over their retirement accounts. He'll also compare them to Self Directed IRAs and explain why he believes QRPs are preferable.

I know you're going to enjoy this conversation with Damion. You can download a free copy of his book by going to www.qrpbook.com

You can also visit Damion's website:

https://www.totalcontrolfinancial.com/

EP153 How He Quit His Job and Built a $65 Million Multifamily Portfolio Buying Off-Market Properties with James Kandasamy Dec 17, 2018

James Kandasamy has built an impressive portfolio of Value-Add Multifamily and Apartment Properties in San Antonio Texas. He currently controls over 1,000 units worth $65 Million and oversees the management and construction through his company Achieve Investment Group.

Today James tells us how he did it: why & how he transitioned from purchasing single-family homes through the BRRR strategy to investing in multifamily, how he identified and acquired value-add properties, and how he bypassed the brokers by going to the sellers directly through direct marketing.

James also discusses the thought process he went through before quitting his full-time job. He and his wife didn't just want to replace their income with cash flow, they wanted to 2X or 3X their income.

James is also the author of a soon-to-be released book for passive investors - "Passive Investing in Commercial Real Estate: An Insider's Secret to Financial Independence" which will be available on amazon.com

This is a great episode for anyone willing to think 'bigger' and take their financial destiny into their own hands. You can contact James through his website or email:

https://achieveinvestmentgroup.com/

james@achieveinvestmentgroup.com

EP152 A Roller Coaster Ride through the Great Recession, Cutting Your Losses, and Investing in Discounted Mortgages with Kyle Zimpleman Dec 10, 2018

Kyle Zimpleman has a really great story to tell about his roller-coaster ride through the Great Recession - how he began investing in single & multifamily properties, why he got rid of them too soon, and the emotions he experienced during the ups and down's of the recessionary market cycle.

Today Kyle is the President & CEO of Expand Capital Group which purchases discounted mortgages throughout the U.S. On this episode Kyle is going to share his stories of the great investments he made in single and multifamily properties, and why he had to let them go during the Great Recession. What you'll find particularly interesting is Kyle's take on the emotions he encountered as he rode the market cycle, from Optimism to Euphoria as the market reached it's height, to Anxiety and Despondence as it crashed to it's lows. Kyle has been through all of it and come out much stronger as a result.

Kyle is also investing in performing and non-performing notes. We discuss the discounts he's finding on these mortgages and the ways he's profiting from them. Kyle explains how discounted mortgages work and shares stories from his conversations with home-owners who he's helped stay in their homes by renegotiating their mortgages.

Kyle has a lot of great experience to share and I know you're going to enjoy hearing his story. You can contact Kyle by email, phone or website:

kyle@expandcap.com

http://expandcap.com/will-the-housing-market-crash-soon/

248-955-8222

EP151 Investing in Out-Of-State Multifamily, Mastering Meetup Groups, and Miracle Mornings with Powell Chee Dec 03, 2018

Powell Chee bought his first Single Family Rental in Kansas City by using his Credit Cards to pay All Cash. His next purchase was a 40-Unit Multi-Family in Indianapolis, and Powell has been asset managing and improving this property while living and working in Los Angeles, California.

Today Powell and I have a fun conversation discussing the process he went through to find, fund, and improve these investments, and the mistakes he's made along the way. Powell will share his thoughts on the importance of using financial analysis software, budgeting enough money for improvements, finding out-of-state properties, and doing it all while working a full-time job.

Powell also hosts one of the largest multifamily meetup groups in Los Angeles - "Out-of-State Multifamily Apartment Investors Meetup" - and he's going to share how building this network has improved his fund-raising capabilities and created new opportunities. We also discuss Powell's daily routines, including the benefits he's enjoyed from doing Hal Elrod's "Miracle Morning".

I know you're going to enjoy this episode. Powell has a lot of interesting experiences & wisdom to share. You can contact Powell through his website or email:

https://www.platinumequitypartners.com/

powell@platinumequitypartners.com

Enjoy!

EP150 Managing Risk & Adding Value With Your Rental Property Insurance with Mike Murphy Nov 26, 2018

Today we're going to talk about an item that every Rental Property Owner has, but many of us don't think about or understand until something Bad Happens. I'm talking about Your Rental Property Insurance Policy.

There are many ways that you can use Insurance to protect your wealth and property, and there are many ways to make mistakes that will cost you money if and when the time ever comes that you need to make a claim against that insurance policy.

So I've invited my Insurance Broker, Mike Murphy from J.B. Harrison Insurance, to talk about the common mistakes he sees investors making on their insurance coverage and policies. Mike will also share his suggestions on how to make sure you have the proper coverage that will manage your risk, save you money, and add value to your portfolio.

I also want to thank Mike Murphy for being a new sponsor to this show. I've been working with him for five years now, and he's my "go-to" insurance broker for all my residential properties.

You can contact Mike by phone or email:

616-868-0050

mikem@jbhins.com

EP149 Breaking Up with Your Property Management Company and Going It Alone with Ben Blake Nov 19, 2018

Quite often real estate investors start out by managing their own properties and once they acquire a certain number of units they decide to hire a Third-Party Professional Property Management Company to looks after their portfolio. My guest today decided to go in the opposite direction.

After working with several property management companies, Ben Blake figured that he could save himself money and headaches by taking control of the property management on his 12-unit portfolio in Grand Rapids, Michigan. Today we talk about how he went about doing that and the improvement in his cashflow as a result.

Ben also shares how one of his celebrity teammates from his College Football days helped him get started in real estate investing, and the influence he had on his early career. Ben also shares some of the early mistakes he made in screening tenants and the problems he encountered because of those mistakes.

If you're going to manage your own properties you need to make sure you have the right team and technology in place. Ben shares how he uses Buildium, Rently, and Quickbooks to keep his business running smoothly. He also shares how he works with his tenants and handles maintenance to control expenses.

I know you're going to enjoy this episode. Ben has a lot of great wisdom and experience to share, as well as tools that can save you time and money. You can contact Ben through email at: ben@ivygr.com

Enjoy!

EP148 Providing and Profiting From Residential Assisted Living with Gene Guarino Nov 12, 2018

Sooner or Later, every one of us will be faced with the challenges of providing safe and comfortable housing for our aging population. Whether you're looking for a housing solution for yourself or a family member, or you're an investor interested in profiting from this need while doing good for others, there is a lot of information you need to know before going down this road.

Gene Guarino is a CFP, Founder of The Residential Assisted Living Academy, and is regarded as an expert in the residential senior housing space. Gene has taught many investors how to profit from Residential Assisted Living while helping others at the same time. Today he's going to share how you can participate as a real estate investor, business owner, or simply a passive investor in this fast growing field.

Gene will also be one of our featured speakers at the RPOA's Annual Michigan Landlord & Real Estate Investor FREE Conference & Expo which is happening in Grand Rapids, Michigan from February 21 through 23, 2019. This is the largest Landlord & Real Estate Investor Conference in the Midwest, and you can register for free at:

https://rpoaonline.org/training-events-annual-conference-expo/

I know you're going to enjoy listening to my conversation with Gene. Senior Assisted Housing is a fast growing investment opportunity that is, and will continue to be, very much in demand.

Enjoy!

EP147 Short Term Rentals and Airbnbs: The Details Make The Difference with Frederick Kidd Nov 05, 2018

Many Savvy Real Estate Investors are making a lot of money by renting out their property as short term rentals through sites like Airbnb.com. Some are getting 3 to 4 times what they would be making from a long-term rental. But for every investor who's making a killing with their short-term rental, there's another investor who either hasn't gotten started or is losing money because they're doing it wrong.

Today we talk about the nuts & bolts techniques involved in successful short-term rental investing with Frederick Kidd, who has been managing and operating short-term rentals for the past eight years. Frederick owns and operates his own short-term rentals in the West Michigan area and the Chicago metro market. he also provides full-service management of short-term rentals and rental properties through his company, Silver Lakes Property Management, which currently manages short-term rentals for clients located in Benton Harbor, Grand Haven, Spring Lake and Manistee, Michigan.

Frederick is going to share his best practices for managing short-term rentals remotely, finding the right team members, understanding the expenses, getting the 5-star ratings from guests, communicating effectively when problems occur, and the top things you must do to be successful.

When it comes to short-term rentals the details really do make the difference, and Frederick is going to get specific about what thread count his sheets must have, whether or not he leaves condiments in the fridge, where he buys his mattresses, and the top five things you must stock up on to make your guest feel at home.

This episode is a 'must-listen' for anyone interested in making more money from their rental property. Frederick can be contacted through his websites or email:

http://www.silverlakespm.com/

https://www.silverlakesvacationrentals.com/

info@occupiedincorporated.com

EP146 URGENT - Please Wire $3,470 IMMEDIATELY!...and other tales of Cyber Fraud with Tom Cronkright Oct 29, 2018

On the morning of August 6th an associate of mine received an email from me requesting that he wire a vendor payment of $3,470. Because of our relationship, it was not unusual that I would make this request. Luckily, he texted me to ask what the payment was for, and that's when we realized that someone was impersonating me and attempting to commit Cyber Fraud!

In the words of Tom Cronkright, my guest today, Cyber Fraud is "unhinged and has reached an epic level in real estate transactions." This affects everyone who is buying or selling real estate.

Tom is an expert on Cyber Fraud and started a company called CertifID to prevent fraud in the real estate, lending, and title industries. You might also recognize Tom as the CEO of Sun Title, a Title Agency serving the Greater Grand Rapids, Michigan area.

Tom has some Mind-Blowing content to share with us today, including clues to look for that indicate you're being scammed, ways to protect yourself, and Real-Time examples of Fraud that Tom has seen over the past year.

You definitely want to listen to this episode, because its not a matter of 'if', but rather 'when' Cyber Fraud will happen to you!

You can contact Tom by email at: tcronkright@certifid.com

And find out more about CertifID by going to https://certifid.com/

EP094 When Your Rental Property is Haunted: Real-Life Ghost Stories RE-BROADCAST Oct 26, 2018

This is one of my All-Time Favorite Episodes, and since Halloween is coming up I wanted to Scare our listeners one more time.

My apologies to "This American Life" - who's format I shamelessly ripped off!...

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 Dejonge.

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!

EP145 How Advice From an Unlikely Mentor Took Him From Bagging Groceries to Retiring in His Thirties with Matt Theriault Oct 22, 2018

Matt Theriault is a Marine Corps Desert Storm Veteran who built a hugely successful career in the Music Business and then watched it all Disappear seemingly overnight. Eventually to the point where Matt found himself bagging groceries for $7 dollars an hour just to survive.

It was while working this minimum wage job that Matt received advice from an unlikely mentor that would change his life and allow him to retire young. Matt is now an accomplished Real Estate Investor and Mentor with a cash flowing portfolio of over 100 units that have made him financially independent.

Today, you're going to learn what advice Matt's mentor gave him, and how it lead to his first deal where he turned a Single Family Home into a Four-Unit. Matt will also discuss his Wholesaling experiences, the markets he invests in, how he finds good team members and avoids the bad ones, and what he says at REI meetings to attract investors and deals.

Matt discusses many creative ways that investors can use to create passive income and I know they will be of great interest to our listeners. Matt is also the host of the "The Epic Real Estate Podcast" and you can contact him through his website

https://freerealestateinvestingcourse.com/your-first-deal20025535

EP144 Managing Multifamily in Multiple Markets Remotely with Kenny Wolfe Oct 15, 2018

Kenny Wolfe started his Multifamily and Apartment portfolio with a 76-Unit deal, and he's built that up to over 2,400 units in multiple markets. Kenny also invests in Triple and Double Net Commercial "Dollar" Stores, and has created a fund to do Hard Money Loans.

Kenny is the President of Wolfe Investments, and today he shares his wealth of experience and information as we discuss how he was able to build his portfolio remotely, how he had to fire several management companies along the way, and the value-add strategies he employed to increase the value of his properties.

We also discuss his recent acquisition of a property management company and how he's using it to position himself for the next market downturn. Kenny also talks about the systems and software he's employed in his business, the strategy behind investing in NN and NNN Commercial Dollar Stores, and the trouble he's been noticing in the Hard Money Lending space.

I know you're going to get a lot of great information from this episode. Kenny is also the author of "Investing In The Dream: How to Acquire Multi-Family Real Estate and Attain Total Financial Freedom" available at amazon.com, and you can contact him through his website:

http://wolfe-investments.com/

EP143 Best Practices for Keeping Track of Your RE Income & Expenses with Steve Bjorkman from Rental Hero Oct 08, 2018

If you own and manage rental property, then keeping track of your income and expenses is something you've had to deal with. And having the right systems and software in place can help you make more money, save time, and ultimately achieve a higher value when it comes time to sell.

Today we're going to talk about what you should look for in accounting software, the information you should be tracking, and how you should set up your books for proper accounting and tax purposes.

Steve Bjorkman is the CEO and Founder of Rental Hero, a simple and easy-to-use rental accounting software built for rental owners and landlords. Steve and I discuss the pro's and con's of using excel and quickbooks, why you should always have a separate business account for your rental, the value of hiring a CPA, how to set up your books and categorize income and expenses, and how to keep track of your receipts.

Keeping track of your income and expenses is just as important as taking care of your property. Those who get it right are better positioned to make higher profits. Steve shares a lot of excellent tips and best practices in this episode that will help you do just that.

You can find out more about Steve and Rental Hero by going to https://www.rentalhero.io

Plus, Rental Hero offers an RPOA discount to members - Enjoy!

EP142 Starting Small with 16 Units and the Importance of Mentorship with Scott Pollmann Oct 01, 2018

Scott Pollmann read the Purple Book, played the Cash Flow Board Game, paid for the Rich Dad Training, and set off to buy his first Real Estate Investment. Most people would start with a Single Family or Duplex, but Scott managed to find, negotiate and acquire a 16-unit for his first deal.

Today Scott tells us how he made this happen and the lessons he's learned along the way. We'll talk about the value of the training he paid for, how it helped him pinpoint his offer price on the 16-unit, and how it prepared him to add value once he closed.

Scott is also a High School Science teacher and has begun sharing his knowledge of Real Estate Investing with his students. He's also learning from them. One of his students used Robert Kiyosaki's lessons to invest in pigs! Scott also has a strong belief in the value of mentoring and the changes it can bring into people's lives.

This is a great episode for new and experienced investors to enjoy. You can contact Scott by email: Scott@10talentsllc.com

I'd also like to ask for a favor - please go to itunes and give us a 5-star rating & review. This will help drive more listeners to the show. Thanks!

EP141 Finding Your Pivot-Point: Transitioning from Investing in SFHs to airbnb Rentals with Chandler Spence Sep 24, 2018

The "BRRR" strategy works great for many investors. Buy it, Rehab it, Rent it out, and Refinance (BRRR) can be a great way to build your portfolio and build cash flow. But sooner or later, many of us realize that this is a very slow way to become financially independent.

Chandler Spence reached this Pivot Point while investing in Single Family Rentals in Nashville, Indianapolis, Baltimore, and Chicago. That's what led him to look into investing in airbnb properties, starting with renting out his own basement.

Today we discuss Chandler's ability to build teams remotely, the red flags to look for with your rehab team, and why you should always check out the property before you buy.

We'll also discuss his experience with airbnb investing: how he's automated his business, the technology and tools that simplify the process, and the new frontiers in airbnb investing he sees happening around the country.

There's a ton of great information in this episode. You can get in touch with Chandler through email or his website:

chandler@spencelegacy.com

https://www.spencelegacyholdings.com/contact

EP140 How The Power of Persistence Helped Them Close on a 144-Unit Apartment Building with Justin Richards and Aaron Lenartz Sep 17, 2018

By the time you listen to this episode, Justin Richards and Aaron Lenartz will have closed on a 144-unit Class C Apartment Building in Memphis Tennessee. And they'll have raised $1.3 Million from investors to do so. I thought it would be interesting to sit down & talk with them about what they went through to find, inspect, and acquire this property while its fresh in their minds.

What you're about to hear is the nuts & bolts process from two investors and syndicators who have learned a great deal from the experience of closing their first large apartment syndication. We'll talk about the importance of broker relationships, Best & Final offers, what it means to be a lifestyle investor, working with attorneys, and securing a bridge loan to complete necessary repairs.

You'll also learn how Justin and Aaron were able to be taken seriously as investors even though they'd never closed a deal this large. They also share the process they went through to raise $1.3 Million from qualified investors, as well as the amount of their own money they had to put up along the way.

Justin and Aaron host a meetup group every third Wednesday of the month at the Buffalo Wild Wings in Wyoming, MI on 44th Street. Their next meetup is this Wednesday, September 19th, 2018 at 5:45. You can find out more information by going to https://www.meetup.com/Think-Multifamily-Real-Estate-Investing/events/253982654/

And you can contact Justin and Aaron through their website:

https://www.greysoncapitalgroup.com/

Enjoy!

EP139 Overcoming The Odds to Become a Wholesale Real Estate Master with Daniel Breslin Sep 10, 2018

Like many of us, Daniel Breslin started investing in real estate after reading "Rich Dad, Poor Dad". The only difference is that he read it while serving time in prison.

Daniel was able to scrape together $5,000 to do his first deal, and 12 years later he's now the Founder & President of Diamond Equity Investments, a real estate investment company specializing in Fix & Flips and Wholesaling.

Daniel talks about the first deal he did after getting out of jail and how it changed his life, his philosophy on the Velocity of Money and how he likes to get in & out of a deal as quickly as possible, how he funds his deals and vets his partners, techniques on negotiating for the best sales price, tips on marketing to find good leads, and the historical biographies that inspire him.

Theres a lot of great info packed into this episode that I know you're going to enjoy. Daniel is also the author of the book "Become a Wholesale Real Estate Master: Buy & Sell Houses With No Money Down" and he can be contacted through his website: www.REIDiamonds.com

EP138 Buy Right, Finance Right, Manage Right: Creating Wheelbarrow Profits with Gino Barbaro Sep 03, 2018

Gino Barbaro is an experienced investor in multifamily and apartments with over 900 units under his control, and he's built that portfolio without syndicating through his Refi & Roll strategy.

Today Gino is going to share his unique perspective with us on many areas of investing and life skills: multi-faceted multifamily and creating multiple streams of income, how Life Coaching helped get him to where he wanted to be, the challenges he faced in building his portfolio, and the partnership that accelerated his success.

Gino is also the co-host of the "Jake & Gino Wheelbarrow Profits Podcast", and the co-author of "Wheelbarrow Profits: How to Create Passive Income, Build Wealth, and Take Control of your Destiny Through Multifamily Real Estate Investing".

Gino is a super successful and motivated investor with a lot of experience and helpful techniques. I know you're going to enjoy this conversation as much as I did.

You can contact Gino through email or his website:

Gino@jakeandgino.com

https://jakeandgino.com/

EP137 The Number One Thing to Consider Before You Quit Your Job: Real Estate Investor Health Care Options with Chad Creasey Aug 27, 2018

Five years ago I transitioned from being a full-time employee investing in Real Estate on the side, to being a full-time Real Estate Investor and Syndicator. My greatest consideration before doing so was finding Affordable Health Care coverage for myself and my family.

Any investor who has dreamed of quitting their job and investing in Real Estate full time must consider this. Health care costs can be one of the largest line item expenses for any business. But understanding your options and plans available can be confusing and frustrating.

So I thought it would be helpful to bring in my health insurance broker, Chad Creasey from RCB & Associates, to break it all down for us: What options are available to real estate investors, what are the pitfalls of choosing your own insurance, how to project whether you'll qualify for Obamacare subsidies, and who you can turn to for help.

Open enrollment season is also coming up starting November 1st and running through December 15th. If you're going through a change in employment and need advice on finding your own health insurance, then you definitely need to have someone like Chad on your team. Best of all, when you go through an agent or broker for health insurance, there is no additional cost to you.

I'd also like to welcome Chad and RCB & Associates as new sponsors to this show. They're a strong supporter of the RPOA and I've been benefiting from Chad's advice for the past five years.

Chad can be reached by cell, email, or his website:

616-822-9286

ccreasey@rcbassociatesllc.com

https://www.rcbassociatesllc.com/

EP136 Returning Citizens: Renting to Tenants who have been Recently Incarcerated Aug 20, 2018

In today's tight housing market, landlords can be much more selective in who they rent their properties to. Because of this, there are certain groups of tenants that are finding it more and more difficult to find affordable housing.

Today we're going to talk about one of these groups and the efforts by the state and West Michigan community to help them.

We're going to take a look at Returning Citizens, those who have been incarcerated, served their time, and are looking to re-enter society and find stable housing - which is an important part of preventing recidivism.

This episode will definitely be of interest to landlords who are willing to consider the benefits of renting to returning citizens, as well as anyone interested in understanding the difficulty they face in finding a place to live.

This is a round-table discussion, and we've gathered a great group of guests to share their perspectives:

Angie Sprank is the Community Coordinator for Region 4 Offender Success Program and helps returning citizens remain successful in their transition back to society.

Shellie Cole-Mickens is the Founder and Director of House of Blessings, providing housing and support for women with mental health and substance abuse challenges as well as extensive criminal histories. She is also a returned citizen since 1996.

JoNathan Martin is a returned citizen since 2015, and works closely with other returning citizens to offer them support and guidance.

Ruth Walters is an officer with the Grand Rapids Police Department and runs a program called "CLEAR" for returning citizens to assist them in staying in the community.

For more information on the Offender Success Program in the West Michigan area you can contact Angie Sprank at:

spranka@michigan.gov

616-902-5994

For those outside of Michigan, you can contact your state's Department of Corrections.

EP135 Investing in Lower Income Properties through a Health Savings Account or SDIRA with Dan Essink Aug 13, 2018

Despite the higher turnover and maintenance costs, as well as the additional tenant headaches, investing in C & D rental properties can be more lucrative if you have a plan and know what you're doing.

Dan Essink owns and invests in Lower Income properties in the Muskegon, Michigan area. He also manages them through his company, DICE Property Management. Today, Dan is going to share his experiences and perspective with us: How he got started by house-hacking his first duplex, the true cost of evictions and how he manages to avoid losing additional money on turnovers, and setting your boundaries with residents so they don't consume all of your time and effort.

Dan also talks about the property he's buying on Land contract through both his Self-Directed IRA (SDIRA) and his Health Savings Account (HSA) with only $15,000 down.

We'll also learn Dan's conservative thought process when it comes to investing in 401k's, running APODs, and understanding Amortization Tables and loan terms.

Dan shares a lot of great info in this episode that I know you're going to appreciate. Please take a moment to give us a rating and review on itunes.

Enjoy!

EP134 We Help a Listener Decide What To Do with Her Vacant Land, with Maureen Weick and Justin Workman Aug 06, 2018

Recently I received the following email from RPOA member and podcast listener Maureen Weick:

I have 1.5 acres of vacant land in northern Allegan County. I have been trying to decide what to do with it and would love to hear some opinions. These are my questions/thoughts -

1) Do I just sell outright as vacant land? ---Not a fan of this one - I will have capital gains to pay, unless I can manage the sale under a 1031 Exchange

2) Should I put a used double wide trailer there (this is rural lot) and rent it out? If I did that, should I put on a slab or a full basement?

3) Should I build a small home there and rent it out? Again, basement or slab? I hear it is quite expensive to build right now --but will that ever get any better.....?

If this was your property what would you do?

In order to answer these questions I asked Justin Workman to sit down with us and go over Maureen's options. What followed was a lively discussion about 1031 Exchanges, building spec homes, buying mobile homes, and other possible options that will be of interest to any real estate investor.

Enjoy the show. If you have a question you'd like us to consider for the podcast, please send me an email: brian@higinvestor.com

EP133 How to Make Huge ROIs Investing in Raw Land with Mark Podolsky Jul 30, 2018

Mark Podolsky began investing in Raw Land with only $3,000. Seventeen years later, he's completed over 5,200 land deals with an average Return-on-Investment of 300%.

Today Mark is going to share his Raw Land Investing techniques, and how he teaches other to make huge returns without putting any of their own money at risk.

Mark is the owner of Frontier Properties, a very successful and reputable land investing company. He's also the host of several podcasts, including "The Art of Passive Income Podcast". And he's the author of the recently released book "Dirt Rich: How One Ambitiously Lazy Geek Created Passive Income in Real Estate Without Renters, Renovations, and Rehabs".

Mark will share why you don't need money to get started investing in Raw Land, how he's able to do all of his due diligence on his computer, the ways he's systematized his business, and how he's confronted his fear of death.

There's a lot of great info in this episode, and you can learn more about Mark and investing in raw land by going to his website: www.thelandgeek.com

Also, if you send an email to support@thelandgeek.com and mention this podcast, Mark will send you a free Passive Income Launch Kit.

EP132 What Should I Do? Listener Questions with Mark Troy Jul 23, 2018

As the host of this podcast, I enjoy getting questions from our listeners. As a member of the RPOA, I love having experts on hand to help me answer those questions.

Today Mark Troy joins me to answer listener questions and share his wisdom and experience gained over 18 years in the business. Mark is the Managing Broker at Compass Realty Services and the Director of Real Estate Investment at Compass Property Management, both of which he is the original founder and co-owner.

Mark and I discuss whether one of our listeners should raise their tenant's rent, and under what conditions they shouldn't. We also help a listener decide whether they should replace their roof for $12,000, or just patch it for the next 3 to 5 years for $1,500.

We also discuss the "End Game", and common exit strategies investors use to maximize their gains and take their chips off the table.

Mark also talks about 'Managing the Manager', and what he's noticing in today's market in terms of rent increases and sales volume.

Mark manages and has been involved in the acquisition of thousands of rental properties, so I know you're going to learn a lot from his unique perspective.

You can contact Mark through Compass Properties or his email:

https://compass101.com/

mtroy@compass101.com

EP131 Should We Ban the Rental Application Fee? Government Advocacy with Clay Powell Jul 16, 2018

Should Rental Application Fees be Banned?

Today we're going to discuss an issue that's happening right here in Grand Rapids, but it affects landlords and rental property owners everywhere. It has to do with the affordable housing challenge communities are facing as rents rise and neighborhoods gentrify. As tenants find it increasingly difficult to locate and afford housing, those communities and their elected representatives are pointing the finger of blame at landlords, investors and property management companies, and looking for ways to legislate our behavior in order to solve this problem.

Just this week the Grand Rapids Mayor and City Commission voted to approve a rental application fee ordinance, which will be very consequential to all of us who provide rental housing. In order to help explain and understand this ordinance, I'm joined by the RPOA's Director, Clay Powell. Clay has been involved in this issue on the RPOA's behalf since its inception, and is going to break it down for us in order to understand how it will impact the way we screen tenants, collect application fees, and advocate for our rights as rental property owners.

You can learn more about the RPOA and become a member by going to www.rpoaonline.org

EP130 Navigating Foreclosure, Distressed, and Bank-Owned Properties with Casey O'Neill from Auction.com Jul 09, 2018

In today's tight real estate market its very difficult for investors and home buyers to find good investment deals. Believe it or not, there are still plenty of opportunities in Distressed, Foreclosure, and Bank-Owned Properties. One of the ways to find these deals is through Auction.com.

Today I sit down with Casey O'Neill to discuss the transparency Auction.com is bringing to the distressed market, and the emphasis they place on helping potential investors with due diligence.

Casey also warns of the pitfalls and risks in investing in distressed properties that you may not get to inspect fully before purchasing. We'll also talk about the bid process as well as the timeline and costs associated with purchasing. And Casey shares his thoughts on Michigan's Foreclosure laws and how they could be improved.

If you've never used Auction.com, this episode is a great introduction to a potential source of opportunities. If you've ever bid on Auction.com then you'll definitely find some useful tips on how the system works.

I hope you enjoy this episode and ask that you take a moment to give us a review and rating on itunes.

EP129 Syndication Wisdom: Its Better to Own 10% of 10 Deals Rather Than 100% of One Deal with Ratan Khatri Jul 02, 2018

Ratan Khatri is a strong believer in the power of leveraging other people's money through syndication. He's recently completed his first syndication with the purchase of 50 single family homes in Muskegon, Michigan, and he'll be investing in Senior Assisted Living, Mobile Home Parks, Self-Storage, and Multi-Family through syndication as well.

Today Ratan & I discuss his philosophy of investing, and why he believes its better to own 10% of ten things rather than 100% of one thing. Ratan also shares his thoughts on the economy and why he's investing in different asset classes. You'll also learn how Ratan has added additional value to his real estate through simple upgrades and improvements.

Ratan is also the owner of RKP Management, which manages over 200 homes in Muskegon, Michigan, with an emphasis on helping veterans and low-income families. Ratan has been active in improving tenant screening in the Muskegon area, and those efforts have been paying off with decreased turnover for his & other's properties.

Ratan also discusses the immigrant experience, and why certain immigrants are so successful after moving to the United States. You'll learn what separates America from the rest of the world, and why our streets are 'truly paved with Gold'.

I know you'll enjoy this episode and the wisdom Ratan has to share. You can contact Ratan through his property management company, linkedin, or phone:

http://www.rkpmgt.com/

231-206-1181

EP128 He started with $7 Dollars and now runs a $172 Million Dollar Multi-Family Portfolio. Syndication, Salesmanship and Real Estate Success with Vinney Chopra Jun 25, 2018

Vinney Chopra came to America with $7 dollars in his pocket and a dream. Today he Asset Manages a $172 Million dollar portfolio of Multi-Family Properties. He's done over 26 syndications and has over 3,100 apartments under management. The great thing about Vinney is that he can raise $6 to $10 Million dollars without breaking a sweat, but he remains humble and friendly and willing to share how he does it.

In today's conversation Vinney will tell us how he went from being a failure at door-to-door sales to buying thousands of doors through syndication. You'll learn how Vinney talks with potential investors and the techniques he uses to raise millions of dollars. We'll also discuss the importance of salesmanship and the marketing tips Vinney has learned along the way.

Vinney also shares the return-on-investment he shoots for with his investors, why he started his own property management company, and the people and books who have influenced his thinking in a positive way.

Vinney is one of the most positive and inspiring people you'll ever meet, and I know you're going to enjoy this conversation. You can learn more about Vinney by checking out his website:

http://vinneychopra.com/

EP127 A Full-Time Flipper who's End Game is Buy & Hold Multi-Family with Calvin Beeke Jun 18, 2018

Calvin Beeke left college to become a full-time entrepreneur, found success with a business he created, and then decided to become a full-time real estate investor.

Within a short span of time, Calvin has dived right in. He likes to have three flips going in any given period: one that he's just purchased, one that is being rehabbed, and one that is being sold. At the same time, Calvin is building his Buy & Hold portfolio of value-add investments with a focus on mid-sized Multi-family. He owns 17 units on his own, and over 50 units with his investment partners, ranging from a duplex up to a 24 unit Multi-family.

Today Calvin and I discuss how he gets his leads and finds his deals, how he's increased his Net Operating Income by increasing rents and lowering expenses, and the value of purchasing your own laundry machines.

Calvin also takes us through the numbers on a 12-unit he purchased in Lowell Michigan and the mystery of his extraordinarily high water bill. We also discuss the pro's and con's of Freddie Mac and Fannie Mae loans and the different terms to pay attention to.

Calvin has built a profitable portfolio quickly, and I know you're going to enjoy learning how he did it. Enjoy the episode and please take a moment to give us a review & rating on itunes.

EP126 Exit Strategies and Transition Planning for Real Estate Wealth with Bobbi S. Hines Jun 11, 2018

Real Estate investors are quite often focused on acquiring assets and building their portfolios. But how often do we stop to think about our 'end game', and when and how we'd like to wind down our investments?

Transition Planning is an important part of every investor's game plan, and having a team that consists of a real estate attorney, CPA, and financial planner can be very helpful in putting this plan in place.

Bobbi S. Hines is an attorney, and a member of Kreis Enderle's Estate Planning and Elder Law Practice Group, and she's in the studio today to discuss transition planning for real estate investors.

We'll be talking about the different transition options investors and business owners consider, how you should be planning your transition plan now, and the mistakes people make in laying the groundwork for their transition plans that can have disastrous consequences for their business and their heirs.

Bobbi will also be teaching the RPOA's "Transition Planning for Real Estate Wealth" course at the RPOA's Grand Rapids office on Tuesday, June 19th @ 10am. You can register for this class by going to www.rpoaonline.org.

You can also contact Bobbi directly by email or phone:

bshines@kehb.com

616-254-8419

There's a lot of great information packed into this episode that every investor and business owner should be considering and planning for. Enjoy!

EP125 Overcoming Tragedy and Bankruptcy and Surviving the House from Hell with Jeremy Garcia and Melanie Hall Jun 04, 2018

Jeremy Garcia and Melanie Hall's path to real estate investing is very different than what you might expect from two successful entrepreneurs. Both have had to overcome the self-doubt and lack of confidence that many of us experience when starting down this road, but Melanie also faced tragedy and bankruptcy along the way.

Today they share their stories of working through that initial bankruptcy with the help of credit restoration companies and the RPOA, the House-Hack that made a $70,000 profit, and the house from hell that the city told them was on fire.

Jeremy also runs us through the numbers he looks for when making an investment and tells us about the police report he just filed on a contractor who was making unauthorized charges on his Home Depot credit card. Melanie explains why color is so important to making their homes feel inviting, and we discuss the purchasing power of women and why all rehabs should be done with them in mind.

This is a great episode to get to know two very interesting RPOA members and hear their true story. Jeremy also owns a landscaping company, and if you'd like to learn more about his services you can contact him through email:

jeremy.jmlandscaping@gmail.com

EP124 Get That Property Out of Your Name and Other Asset Protection Advice from Scott Smith May 28, 2018

Statistics tell us that one-in-four Americans will be sued in their lifetime, and Real Estate Investors are targeted even more frequently. So what can we do as investors to protect ourselves and our investments?

Our guest today, Scott Smith, is an Asset Protection Specialist and owner of Royal Legal Solutions, which provides business, tax and legal solutions geared exclusively toward real estate investors. Scott is going share his asset protection strategies, as well as stories from the front-lines of the legal system.

Scott will share his advice on why you shouldn't hold your property in your personal name, using trusts to shield your assets, traditional v.s. series LLCs, the importance of accurate accounting and how to avoid piercing the corporate veil.

Scott will also tell us why insurance is not a substitute for asset protection and has a $4 million dollar horror story to prove it.

If you own rental property you need to protect yourself and your investment. This conversation is a great place to start.

Scott can be contacted through his website, email & phone #:

https://royallegalsolutions.com/

Scott@royallegalsolutions.com

512-757-3994

EP123 The Benefits of "Do-It-Yourself" Multi-Family Management with Ric Conkey May 21, 2018

Ric Conkey is a true "Do-It-Yourself" Landlord and Multi-Family Investor who grew up helping his father manage their family's rental properties.

Today Ric shares the secrets he's learned over the years on maximizing rent, decreasing turnover time, and marketing to tenants. He also shares the frustrations of being on call for maintenance and repairs, waiting for cleaning crews, and sorting through multiple keys for his 14 units. We also talk about laundry income and the pro's and con's of owning your own machines.

Ric is also a home appraiser for Real Value Group and will give you the inside scoop on how to maximize your properties' appraised value. Ric and I also discuss his epiphany on retirement and how it relates to his passive income from owning real estate.

There are many great nuggets of wisdom in this conversation that will definitely add value and real estate knowledge. If you'd like to contact Ric, his phone # is 616-813-8952, and his email is rconkey@comcast.net

EP122 Breaking the Golden Handcuffs of a Well-Paying Job and Getting Started as a Real Estate Investor with Lane Kawaoka May 14, 2018

Lane Kawaoka is an engineer by day, but whenever he's not on the job, he's full-on into Real Estate Investing as the owner of MPFE Investments which is focused on value-add multifamily apartments.

Lane and his partners own over 626 units and he's raised over $2 Million from private investors.

Today we're going to discuss the steps Lane is taking to break the "Golden Handcuffs" of his high paying job, why its important to get started investing, even if you're buying a mediocre single-family, the reasons he doesn't like 1031 exchanges, and the three ways a deal can fail.

Lane also lives in Hawaii, and explains how he's able to invest in other states. He also describes his transition into commercial real estate investing and how he learned to talk with brokers and find strategic partners in new areas. You'll definitely pick up a lot of great information from this episode that will help you in whatever type of investing you're interested in.

You can contact Lane through his website or email:

http://simplepassivecashflow.com/

Lane@simplepassivecashflow.com

Enjoy the show!

EP121 How to Avoid Losing Your Property to the Bank: Debt, CapEx, and Conservative Real Estate Investing, with Tyler Lyons, Justin Workman and Rob Minch May 07, 2018

Tyler Lyons has acquired and rehabbed three houses in the Grand Rapids, Michigan area, and in the process he's added substantial value to each one. Tyler's goal has been to "BRRRR" - Buy, Rehab, Rent, Refinance, and Repeat. But when it came time to put financing on those properties, he wanted to make sure he avoided the pitfalls that led many investors to lose everything during the Great Recession.

How much debt on your rental properties is safe? Should you keep a good amount of equity in your property, or pull out the maximum in order to buy more? What's better, a 15-year mortgage or a 30-year? And are investors making the same mistakes in financing that were being made leading up to the last recession?

These are questions that need to be taken seriously, so who better to help answer them than "Friends of the Show" Justin Workman and Rob Minch. Justin and Rob join Tyler and me in the studio to perform a bit of Real Estate Therapy and Counseling.

Rob calls on his lending background to compare today's loan environment to the one ten years ago. Justin breaks down just how much money Tyler needs to keep in Capital Reserves for his rentals, and what that means to his ROI. And Tyler shares the process he went through in building his portfolio.

This is a great episode that I know you're going to enjoy. And I guarantee that Justin's CapEx breakdown will make you rethink how much money you should be keeping in reserves for your properties.

And if I may ask a favor, please take a moment and go to itunes to give us a rating and review. This will help us increase our listener-ship and continue getting great guests.

EP120 Following Robert Kiyosaki's Formula: Entrepreneurship, Passive Income and Turn-Key Rentals with Jack Gibson Apr 30, 2018

Jack Gibson knew early on that having a job and working for someone else just wasn't in his destiny, so he sought out alternative paths to creating wealth.

By the age of 21 Jack was running a successful multi-million dollar business coaching clients on effective nutrition and fitness strategies. Then he realized how profitable real estate investing could be. Now he's the Co-Owner of High Return Real Estate, LLC out of St. Joseph, Michigan, and he's passionate about helping other investor find high-yield cash-flowing properties and investing in them passively.

Today Jack and I discuss his early beginnings as an entrepreneur, Multi-Level Marketing businesses and the important lessons they thought him in sales and marketing, and the effects reading Robert Kiyosaki's "Rich Dad, Poor Dad" had on him.

Jack also shares the types of returns he strives for in his turn-key properties, the importance of finding the right team, and the $60,000 mistake he made on one of his early investments.

I know you'll enjoy this episode. You can contact Jack through his website:

https://highreturnrealestate.com/

EP119 Your Questions Answered about Seller Financing Apr 23, 2018

When it comes to Finding the Money for your purchase of a home or investment property, Seller Financing can help you avoid traditional lenders while setting terms that work for both the buyer and seller.

From a seller's standpoint, seller financing can help you maintain a steady income, while spreading out the tax consequences of a sale.

But with the passage of the Dodd-Frank Consumer Protection Act, a lot of investors are unsure whether Seller Financing is still a viable strategy.

Luckily, the RPOA held, and recorded, an expert panel at it's annual conference where we discussed how Seller Financing works, the legalities to be aware of, and how to do it right. Here are the experts you will hear from:

David Hill, a Real Estate Attorney with Barnes & Thornburg LLP. His specialties are Real Estate and Finance Law. David was also a guest on the podcast – episode #12

Justin Workman, a Residential Redevelopment Specialist, landlord, investor and home buyer. His company is Work’n It Properties LLC, and Justin has experience with various types of seller financing. Justin was also a guest on the podcast – episode #3, 51 & 67

Javier Rodriguez, a real estate broker at Lake Michigan Realty Management who has sold over 500 properties in Kent County. He’s also a former loan originator with experience providing his clients with seller financing options.

Steve Whitteberry has 10 years experience as a real estate investor in West Michigan. He’s done fix & flips, buy/repair & holds, and he’s purchased properties using seller financing and has sold four properties using Seller Financing out of his Self-Directed IRA. Steve has been on the podcast several times, Ep #19 & 20

There is a lot of great information packed into this episode that I know you're going to enjoy and profit from. Please take a moment to go to itunes to give us a five-star rating and review.

EP117 When Your Rehab & Flipping Business becomes a Reality TV Show with "Gritty To Pretty" Stars Jeremy Cole and Ramon Huerta Apr 09, 2018

If you've ever wondered what it would be like to star in one of those Fix & Flip Reality TV shows, then you're going to love this episode.

Last year Jeremy Cole and Ramon Huerta shot a pilot episode for a new series called "Gritty To Pretty". Last month it debuted on the DIY Network, and today they'll share their 'behind-the-scenes' stories and secrets.

You're going to learn how Jeremy and Ramon got comfortable being in front of the camera, how they chose the property to rehab, and why the producers asked them to clean the bathroom before filming began. You'll also find out what its like working with a real Hollywood tv crew, how it affected their rehab schedule, and what a 'clapper' actually does.

Jeremy and Ramon have been on the show before (Episode #65) and they always provide a fun and interesting conversation. Soon they'll be learning whether or not their show will get picked up by HGTV, and you can stay informed by checking out their "Property Krawl" facebook page, or Jeremy's website: www.kzoorestored.com

Enjoy the show!

EP116 Where Politics and Real Estate Investing Connect: Supporting Candidates and Legislation that Support us as Real Estate Investors with Tom Koetsier Apr 02, 2018

When it comes to politics, everyone has their reasons for voting for a certain candidate or backing certain issues. And as real estate investors, we need to be aware of which candidates are best suited to support our ability to provide housing for our residents while still making a profit.

Today we're going to talk about the places where politics and Real Estate Investing connect, and how we as real estate investors and landlords can support the candidates and legislation that in turn supports us as investors.

Here to have that conversation is Tom Koetsier, award-winning realtor with Compass Realty Services. Tom also sits on the Grand Rapids Planning Commission, he's the current president of the RPOA, and is also a successful real estate investor as well.

Tom also volunteers on the RPOA Government Affairs Commission, as well as the RPOA Political Action Committee (PAC).

You can support the PAC by following the link below:

https://rpoaonline.org/rpoa-political-action-committee/

EP115 Profiting from airbnb & Vacation Rentals - RPOA Expert Panel Mar 26, 2018

Vacation Rentals & airbnb's can be a great way to exponentially increase the returns on your real estate investments. But there are also many pitfalls that investors must avoid and be aware of in order to be successful.

On February 23, 2018, the RPOA hosted an expert panel to discuss short-term vacation rentals - how they work, why they're such a great strategy for real estate investors, tips on being successful, and how to avoid the pitfalls that can cost you extra money.

Here are the four investors & experts you'll be hearing from:

Gary Hall is in the process of converting a low-income 11 unit into an airbnb. Gary is an entrepreneur, passive income strategist, and the operations manager of Westshore Property Management in Muskegon.

Gary was also a guest on the podcast – episode #89 and the Halloween episode

Frederick Kidd is a licensed realtor in Illinois, and has been managing and operating short-term rentals for the past eight years. He personally owns and operates five short-term rentals in the West Michigan area and the Chicago metro market. He also provides full-service management of short-term rentals and rental properties through his company, Silver Lakes Property Management – which is currently managing 20 short-term rentals for clients located in Benton Harbor, Grand Haven, Spring Lake and Manistee, Mi.

Kim Post has 10 Units in Cadillac Michigan that she’s in the process of converting to short-term vacation rentals. Kim’s been a real estate investor for over 30 years and is the owner of Post & Associates Appraisals and Next Door Properties, LLC

You can hear Kim on Episode #28 of the podcast.

Clay Powell is going to give us the perspective of someone who rents and stays in airbnb’s – so he’ll be representing the end-user – what they expect and what they respond to. Clay is also the Director of the RPOA.

Clay has been on the podcast several times, including Ep #6 & 72

Enjoy the show!

EP114 Raising Other People's Money through Syndication and Crowdfunding with Bootstrap Legal Founder & CEO Amy Wan Mar 19, 2018

Raising Other People's Money to invest in real estate is a time honored tradition. But did you know that once you have more than two investors in an investment that you technically have a syndication? Are you also aware that the Security and Exchange Commission (The "SEC") has rules regulating how you go about raising that money and the types of investors you can allow in your deals, and that if you don't follow those rules you can get into serious trouble?

Now that I've made syndications sound scary, its a good time to make them more understandable and accessible with Amy Wan, the Founder & CEO of Bootstrap Legal. Amy is an attorney who specializes in real estate syndication and crowdfunding for entrepreneurs and real estate investors across the globe. Her mission is to democratize access to legal counsel and capital.

Amy will help us understand what we can, and can't, say to investors, the types of investors we can allow in our deal (accredited or sophisticated), SEC rules regarding Regulation D and exceptions 506B & 506C, the types of documents needed for syndicators, and how to avoid getting into trouble with the SEC.

We'll also discuss the pro's & con's of Regulation Crowdfunding and the ways it has changed raising money.

If you've ever considered using Other People's Money to accelerate your investment strategy, or you're already using OPM, you'll definitely want to listen to this episode.

Amy can be contacted at www.bootstraplegal.com

EP113 Finding Diamonds in the Junk - Building a Business that solves Real Estate Investor's Problems while Creating New Opportunities with Kevin Schultz and Joe Howard from Junk King Mar 12, 2018

Joe Howard and Kevin Schultz were standing in the middle of a dumpster when they came up with a business idea that would change their lives. As real estate investors, they knew there was a huge need for getting rid of all the junk that accumulates in the houses they were looking at for flipping or rehabbing. So they became the owners of "Junk King of West Michigan".

Through this business they've been able to find opportunities that most investors never get to see. Today they tell us about those opportunities and share stories of the less-than-glamorous side of the junk removal business.

Joe and Kevin discuss the traits that make for a good partner both in real estate and business, the first rehab they did together and the challenges they faced, an abandoned house full of cat litter, and how they donate a lot of their time and items to Family Promise, a local non-profit serving homeless families in West Michigan.

You'll also learn tips on how to deal with bed bugs and fleas, and how to properly dispose of paint.

Joe and Kevin can be contacted through Junk King by phone or their website:

1-888-888-JUNK

https://www.junk-king.com/locations/grand-rapids/

Enjoy the show!

EP112 Real Estate Investor Tax Update for 2018 with Duane Culver Mar 05, 2018

With the recent passage of the Trump Administration's Tax Cuts and Jobs Act, there have been a lot of questions from real estate investors and rental property owners about how the new tax changes will affect their tax preparation for 2017 and beyond.

Here to explain the changes and their potential benefits to investors is Duane Culver, CPA and President of Culver CPA Group. Duane will give us the low-down on the following topics:

The Return of the Education Deduction, changes in 2017 regarding Depreciation & Bonus Depreciation, Section 179 and how it affects your ability to write off capital expenses, the drop in tax rates throughout the different tax brackets, changes to the Standard Deduction, ways in which congress is trying to simplify Tax Laws, how those tax laws affect LLCs, and ways in which Real Estate Investors save tax dollars from these changes.

If you're about to sit down & do your own taxes, or you have a professional prepare them, it pays to learn as much as possible about tax rules & how they apply to real estate investing. The more you understand, the more you'll be able to use tax law to your advantage, avoid mistakes, and prevent IRS audits.

Duane can be contacted by email, his website, or phone:

dculver@culvercpagroup.com

www.culvercpagroup.com

616-456-6464

Enjoy the show, and please take a moment to go to itunes to subscribe, rate & review.

EP065 UPDATE: Watch 2 Local RPOA Investors Make the Big-time on TV. "Gritty To Pretty" on DIY Network with Jeremy Cole and Ramon Huerta Mar 02, 2018

This is a Special Re-Broadcast of last year's episode with Jeremy Cole and Ramon Huerta. You can WATCH THEM This Saturday, March 3rd at 7 p.m. on the show "Gritty To Pretty" on the DIY Network. HGTV has shown a strong interest in taking their show to series, so the more people who watch, the more likely we'll get to see more!

Whether you love or hate those HGTV shows on Rehabbing and Flipping, you're going to really enjoy today's conversation.

Ramon Huerta and Jeremy Cole host a 'Property Krawl' every month in Kalamazoo, Michigan, where they invite all levels of investors to accompany them on a tour of properties that are ripe for rehabbing, flipping, and buy & hold investing.

Ramon is a realtor/investor, and he chooses the homes to view, while Jeremy uses his contractor skills to help others understand the costs involved in rehabbing the properties. Together, they strive to help beginning investors understand the complexities of acquiring, rehabbing, and owning rental property, while sharing creative strategies with the more experienced investors who also join in.

We also discuss the economic dynamics of Kalamazoo, a city where you can still buy houses for under $10,000.

I highly recommend visiting the facebook page for 'Property Krawl', where you can see videos and photos of the events. You should also take a moment to go to itunes where you can rate and review this podcast!

Enjoy!

EP111 Raising "Other People's Money" and Top Ten Tips on Successful Syndications with David Toupin Feb 26, 2018

When it comes to raising Other People's Money, syndication is both a science and an art. There are specific and time-proven ways to do it right, and many ways to do it wrong.

Today David Toupin, a Detroit-area investor and syndicator, will share his top-ten tips on Successful Syndication. David's company, Borland and Toupin Holdings, owns and manages a $6 Million Dollar Portfolio of 120 units, as well as single-family fix & flips.

David will discuss the tools he uses as an investor, he'll explain 'Preferred Returns' and 'Annual Returns', and why its important to make your investment opportunity as easy as possible for your investors to understand.

This is a great episode to listen to if you're interested in Syndicating Multi-Family and Apartment investments, or if you're curious about raising Other People's Money.

You can contact David through his website or facebook page:

www.theborlandgroupllc.com

facebook: @thedavidtoupin

EP109 Become a Lifeonaire: How to Succeed at Real Estate Investing without Giving Up Your Life with Shaun McCloskey Feb 12, 2018

From the outside looking in, Shaun McCloskey was a successful real estate investor and making a ton of money doing short sales and pre-foreclosure investing. But deep down he know that he was working way too much and becoming consumed by his business. He needed a better balance, and a better vision for his business.

Today Shaun discusses the Lifeonaire strategy that he discovered, and how it helped him redefine his relationship with his family, with success, and with the debts he had taken on to build his business. He also explains how anyone can design their own vision for what you want your life to look like, and then reverse engineer your business to make sure it serves your vision

Shaun also tells us why the worst day of his life was the day he made $102,000 on a deal, and how he felt when he lost $87,000 on the first deal he ever did after losing his job. He's since gone on to do over 300 deals and only lost money three times.

Shaun is also a featured speaker at the RPOA's annual Real Estate Investor and Landlord Conference & Expo, which is happening February 22-24 in Grand Rapids, Michigan.

You'll definitely want to hear him speak live, and you can register for FREE at www.rpoaonline.org

For anyone who works too hard and wishes they had more time to spend with their family and friends, this episode is for you!

EP108 Filthy Riches Through Real Estate: Making Huge Profits from Motivated Sellers with Larry Goins Feb 05, 2018

Is it possible to buy a house that no one else wants for $5,000 and then turn that house into a successful money maker?

My guest today, Larry Goins, says that not only is that possible, but you can earn more than the average investor makes on a house worth 10 to 20 times that amount. And he has real-life examples to back that up.

Larry has been investing in Real Estate for over twenty years, and has developed strategies that allow him to buy 10 to 15 properties per month without ever leaving his office.

Today Larry shares his "Filthy Rich" techniques using Seller Financing and Lease Options. Larry also gives examples of how he uses facebook, craigslist, and ebay to find leads and buyers.

You can also hear Larry speak live at the RPOA's Annual Real Estate Investor and Landlord Conference & Expo, which is happening in Grand Rapids, Michigan February 22-24, 2018.

This is an event you Don't Want to Miss!

You can register for FREE at www.rpoaonline.org

EP107 Creative Financing: Nothing Down, Why Price is Irrelevant, and the Power of Zero with Chris McClatchey Jan 29, 2018

Chris McClatchey initially built his Real Estate Portfolio the Traditional Way - by using Bank Financing. But then it struck him; the majority of his cash flow was going back to the bank to pay off his mortgage. Not only that, but the first seven to fifteen years of mortgage payments were primarily paying off the interest on his loan rather than paying down the principal.

Chris knew that there had to be a better way, and that's when he came up with "The Power of Zero". By using seller financing with zero percent interest, Chris was able to outbid other investors by overpaying for the property, but he was still paying much less in interest over the duration of the loan.

Today, Chris shares "The Power of Zero" with us, and explains why its so important to listen to the seller to figure out what they really want, why the terms of the loan are much more important than the price you're willing to pay, the three elements to a great deal, and how to present an offer and understand the psychology of the seller.

And you don't want to miss Chris when he appears as a featured speaker at the 2018 Annual Real Estate Investor & Landlord FREE Conference & Expo, here in Grand Rapids, Michigan from February 22 thru 24.

You can go to www.rpoaonline.org to register for FREE!

EP106 Buying Notes: The Fastest, Easiest, Safest Way to Make Huge Profits in Real Estate with Donna Bauer Jan 22, 2018

Twenty years ago, Donna Bauer was making $1 an hour babysitting as a stay-at-home Mom. Then she learned about Buying Notes and made over $5,000 on her first deal. Since then, she's taught over 100,000 people how to profit from buying notes using her tried & true methods.

Today Donna shares with us why she prefers Seller-Financed Performing Notes, and how she profits from them without using any of her own money. We also compare the risks of buying Performing v.s. Non-Performing Notes and learn the best sources for finding Sellers.

Donna also discusses the Return On Investment she expects, and how you can accelerate and increase your profit by helping the buyer refinance the note.

Donna's experience and tactics can help you take your real estate investing to the next level. You can also be there when she speaks at the Michigan Landlord & Real Estate Investor FREE Conference, February 22-24 in Grand Rapids, Michigan.

Goto www.rpoaonline.org to register for FREE

EP105 Increase Your Wealth Exponentially with Apartments & Multi-Family Properties with National Expert Anthony Chara Jan 15, 2018

Anytime we talk about Investing in Apartments and Multi-Family on this show, there is always a huge response from our listeners. So I know you're going to enjoy today's conversation with National Expert Anthony Chara, the President of Apartment Mentors out of the Greater Denver area.

Anthony has invested in over 1,700 units worth over $45 Million in value, and he's ready to share his experiences with our listeners. You're going to find out how his apartment investments weathered the great recession, how he finds and funds his opportunities, the types of due diligence he does on the property and the market, and why its so important to know whether the city & state is tenant or landlord friendly.

Anthony also shares the challenges he's faced when taking over a struggling property, the details of a completely vacant 96-unit he acquired for $311k, the seller who committed fraud by cooking his books, and his current market perspective and how its shaped by local cycles.

I know you're going to learn a lot from today's conversation. You'll also be able to see Anthony in person when he comes to Grand Rapids for the 2018 Michigan Landlord & Real Estate Investor FREE Conference and Expo, which is happening February 22-24, 2018.

You can register for FREE at www.rpoaonline.org

EP103 **UPDATE** Transitioning from a Corporate Job to Full-On Real Estate Investing, Embracing BRRRR, Avoiding Corndogs, Renting to Prostitutes, and watching your property go up in flames with Paul Leason and Jacques Cyr Jan 11, 2018

** My apologies to Jacques and Paul. When I uploaded their episode there was a technical issue that only allowed the first 20 minutes to be heard. Now that the issue has been fixed, you can enjoy the full episode! **

Not too long ago, Paul Leason and Jacques Cyr left the corporate world to become full-time real estate investors and real estate agents. Today they share their experiences with us, as well as the up's & down's they've encountered along the way.

We'll be talking about thieving contractors, renting to prostitutes, getting raided for corndogs (yes, we'll explain), red flags to look for when screening tenants, and watching your property go up in flames! Through all their challenges, Paul and Jacques have managed to find success by watching the numbers and following the data.

Jacques also explains the meaning of BRRRR (Buy, Rehab, Rent, Refi, Repeat) and how he's applied those methods in order to force appreciation on his investment properties.

Paul shares his experiences with the Grand Rapids Rental Rehab and "Get the Lead Out" programs, and how he's used them to pay for his rehabs.

I know you'll enjoy this episode. Both Paul & Jacques are Berkshire Hathaway Real Estate Agents, and work with all types of investors, including out-of-town buyers, to find rental property. You can contact them through email or their websites:

paulleason.com

www.rubiconinvestmi.com

jacquescyr@bhhsmi.com

Jacques phone # 617-775-9352

EP104 Automating Your Real Estate Investing to Increase Deal Flow, Find Private Money, and Move into New Markets with Brittany Calloway Jan 08, 2018

Many Successful Real Estate Investors tend to have one thing in common; They've developed systems and processes that have exponentially increased their deal flow and ability to get deals done.

Today we explore that topic with Brittany Calloway, a real estate investor, consultant, and CEO of Top Notch Property Solutions. Brittany describes how she accidentally became a real estate investor while helping a family sell their distressed property.

Brittany quickly realized that in order to increase her acquisitions and deals, she could use technology that's already available to investors. Brittany shares her experiences with Virtual Assistants and outsourcing her tasks.

Brittany has also systematized how she raises Private Money, and has utilized Linkedin to net over $500,000 in investor funds. We'll also learn her favorite software application, as well as how she's managed to duplicate her business and move into New Markets.

This episode is a "must listen" for all serious investors. Brittany will also be a featured speaker at the Michigan Landlord & Real Estate Investor FREE Conference & Expo, which is happening February 22-24, 2018 in Grand Rapids, Michigan.

You can register for FREE at www.rpoaonline.org

EP102 How Savvy Real Estate Investors use Self-Directed IRA's to increase the Value of their Retirement Plan with Edwin Kelly Dec 25, 2017

Many Real Estate Investors have heard that they can save big money on taxes and increase the value of their retirement funds by investing in real estate using a Self-Directed IRA, but they still haven't taken the steps necessary to make it happen.

On today's episode we talk with Edwin Kelly, one of the nation's top experts on Self-Directed Retirement accounts to learn why they're such a great tool & vehicle for building legacy wealth. Edwin also share's his Triple-D, three-step process: DECIDE that you want one and set it up properly, DEPOSIT the money you'll need to work with, and DIRECT that money into the investment vehicle of your choice.

Edwin does a great job of simplifying the process in a way that might finally get you to take action. He also shares stories of his clients who have used SDIRA's to eliminate their credit card debt, shield their wholesaling income from earned income tax, and created thousands of dollars in monthly retirement income off of an initial $4,000 investment.

We also bring the conversation to a higher level when Edwin answers my questions about investing in syndications through SDIRA's and the consequences of UBIT and UDFI taxation on leveraged investments.

I know you'll get a lot of great, action-able information from this conversation. Edwin will also be a featured speaker at the RPOA's Annual Real Estate Investors FREE Conference and Expo, which is taking place February 22 - 24, 2018 in Grand Rapids, Michigan.

You can go to rpoaonline.org to register for FREE!

EP101 Finding Great Deals at Sheriff's Sales and Tax Auctions with Stephen Benedict Dec 18, 2017

Today we are taking a deep dive into buying properties at Huge Discounts through Sheriff Sales and Tax Auctions.

My guest today is Stephen Benedict, an investor in the West Michigan/Muskegon area with over 120 units in his portfolio. Stephen knows all the in's & out's of buying properties at Sheriff Sales and Tax Auctions, and he has agreed to walk us through the process.

Stephen talks about his first Sheriff Sale property, how the process works, why you should buy the first mortgage and not the second, the best & worst deals he's done, mistakes he sees other investors make, and understanding the TRUE costs of acquiring and rehabbing a property.

Stephen will also explain the differences between Sheriff Sales and Tax Auctions, and how Tax Auctions changed with the advent of the Land Bank and money laundering rules.

Stephen makes it clear that Sheriff's Sales and Tax Auctions are a high risk type of investment, but if you do your proper due diligence the rewards can be extraordinary.

Enjoy the show, and please take a moment to give us a review and rating on itunes.

If you'd like to contact Stephen, his email is:

stephenshomes@yahoo.com

EP100 The Tables are Turned! Charlie Kao Interviews Host Brian Hamrick for the 100th Episode! Dec 11, 2017

For the 100th Episode we decided to shake things up a little. Charlie Kao is back in the studio and turning the table on host Brian Hamrick, making him answer the questions this time.

Charlie gets Brian to discuss the new asset classes he been investing in this past year, including office, self-storage, and notes. They also discuss the different members of Brian's team, and what he looks for in successful partnerships.

Brian shares his outlook on the market and whether or not he believes there will be another real estate bubble, and how he's positioning his real estate assets to protect his portfolio in a downturn.

This is a fun and informative conversation marking our 100th episode. If you've been enjoying our show over the past two years, please let us know by giving us a rating and review on itunes.

Enjoy!

EP099 Tax Lien Investing and Finding Distressed Properties with Hunter Carlile Dec 04, 2017

At the age of 44, Hunter Carlile lost his corporate job and had to figure out how he would support his wife and three kids. That was over four years ago, and in that time Hunter has bought/sold or rented over 200 houses! And he's done it primarily through tax lien investing.

Today Hunter shares his tax lien and investing strategies. We'll talk about how he finds distressed properties, fixes them up, and either sells or holds as rentals. We'll also discuss the in's & out's of tax lien investing and the pitfalls investors need to be aware of.

Hunter also talks about his experiences using direct mail to find motivated sellers of distressed properties, why you should always avoid lender escrows for taxes and insurance, and how he relates to & works with home owners who find themselves in foreclosure.

Hunter has also developed software that tax lien investors can use to simplify the process, and he's a coach and trainer as well. You can find out more by going to his website or contacting him through email:

https://www.taxlienvestors.com/

hunter@taxlienvestors.com

Enjoy the show!

EP098 How Smart Home Automation can Save You Time, Money, and Increase Tenant Retention with Sean Miller, President of Point Central Nov 27, 2017

When many of us think of Smart Home Technology we picture Amazon Alexa or Google Home turning our lights on and off or telling us the temperature and time. These devices can be fun and addictive, but how useful are they to real estate investors and rental property owners, and can they improve our profits?

Sean Miller is the President of Point Central, a provider of Enterprise-Scale Home Automation Solutions, and today he's going to tell us how Smart Home Technology is revolutionizing the way Rental Property Owners and Managers do business.

We'll discuss the true meaning of "Smart Home Technology", and how the Analytics and Real Time Property Intelligence can help monitor your systems and utility usage, as well as identify potential problems before they happen.

We'll also discuss the day-to-day practical uses of this technology, such as remotely controlling vendor and tenant access to your units, eliminating the need for keys and re-keying when a tenant moves out, lowering your utility bills, and adding security and video surveillance.

Smart Homes can also benefit your tenants and Airbnb guests. Units with this technology command higher rents and increase tenant retention. And best of all, owners and investors can see a Return-On-Investment upwards of 25% of the cost of installing these systems.

I know you're going to enjoy this fascinating conversation. You can learn more about Enterprise-Scale Home Automation Solutions by visiting the Point Central website:

https://www.pointcentral.com

EP097 Solving Problems in order to Build Wealth and Cash Flow, Tax Strategies, Buying Non-Performing Notes, and Things to Consider before you Quit Your Job with Tyler Sheff Nov 20, 2017

Tyler Sheff has figured out a way to build wealth by solving other people's problems, mainly by helping them invest in Buy & Hold Real Estate in order to realize tax benefits that will help them keep more of their income.

Today we discuss the difference between ordinary income and capital gains, how Flips and Rehabs are taxed differently from Buy & Holds, and things you need to consider before leaving your job and eliminating earned income.

Tyler also shares his experiences investing in Airbnbs and non-performing notes, working with the police department to improve his acquisitions, and how he doubled the value of his first Multi-Family Investment in two years.

Tyler is also the host of "Cashflow Guys Podcast" and you can learn more about him at www.cashflowguys.com

EP096 How a Medical Scare turned him into a "Lifestyle Investor". Mission Statements, Flips, Buy & Hold, and Self Storage Investing with Charlie Kao Nov 13, 2017

Charlie Kao negotiated a Commercial Land Lease for one of his father's properties when he was only 25 years old. But it wasn't until he had a medical scare that he began taking real estate investing seriously and created a mission statement that would guide him as a "Lifestyle Investor".

Today Charlie shares the many types of investments he's succeeded with, as well as the big loss he took on one of his flips. Charlie discusses the lessons he learned from his father, why he likes to live in his flips, his airbnb experiences, tools he uses to enhance his efficiency, returns he strives for, and why he under-prices his rentals.

You'll also learn Charlie's personal reasons for working with certain non-profit organizations as a way to give back to refugee youths, as well as his future plans to invest in self-storage, and the unique criteria he's using that will lead to bigger profits.

I know you'll find this episode to be highly informative. Please take a moment to leave a review & rating on itunes.

Charlie can be contacted by email or phone:

mckmanagement@gmail.com

(616) 378-5044

Enjoy!

EP095 Mailbox Money with Land Contracts, Flipping Condos in Florida, Multi-Family Investing and Why you shouldn't discriminate against Emotional Support Animals with Pat Sandro Nov 06, 2017

Pat Sandro is one of the original House Hack Babies. The duplex that he grew up in was owned by his father, and the rent from the other unit helped pay for his diapers. From an early age, Pat was paying attention to the way his father invested in real estate and self-managed the 36 units he'd acquired. But it wasn't until after Pat became a physical therapist that he realized the true benefits of Real Estate Investing.

On today's episode, Pat shares the good times & the bad times. From the huge profits he made flipping condos in Florida before the crash, to the money he lost after 2009. Pat talks about the multi-family properties he's acquired, the land contracts that provide 'mailbox money', and the 'do-it-yourself' management style he learned from his father.

Pat also tells us about the vacant home he purchased and the horrific discovery in the basement. You'll also learn about Fair Housing Laws regarding Emotional Support Animals, and how Pat found himself in trouble when he unknowingly violated these rules.

This is an excellent conversation about the realities of owning and managing your own investment properties, and Pat doesn't hold back from sharing the good and the bad. Enjoy!

EP094 When Your Rental Property is Haunted: Real-Life Ghost Stories and The Tenants Who Don't Pay Rent Oct 30, 2017

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 Dejonge.

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!

EP093 Loan Products for Investors and Homeowners - Acquiring Conventional, Commercial, and Private Money with James Eerdmans Oct 23, 2017

Sooner or later every investor must ask the question "Where can I get the money to do my next deal?" Today James Eerdmans from American Realty Property Management and Finance of America Mortgage will help answer that question.

James is a prolific investor who has bought and sold hundreds of properties in the past 20 years. He's also well versed in the different loan products available to home buyers and investors.

In this episode we'll discuss the standard types of loans available to home buyers such as FHA and VA, credit score requirements, Private Mortgage Insurance, and the amount of money you'll need to put down (anywhere from 0% to 25%).

We also discuss FHA 203k loans, which allow homeowners the opportunity to roll their rehab costs into the amount borrowed.

James also discusses the differences between Conventional, Commercial, and Private Lending, and how they apply to investors. You'll also learn how to protect yourself from having your loan 'called in' during the next downturn, the meaning of 'portfolio loan', the number of residential loans you can have, and the different ways banks value your property.

If you're unsure of the different loan options available for your investments, or are looking for updated information on the lending industry, I know you'll enjoy today's conversation. You can contact James by email or phone:

jeerdmans@financeofamerica.com

616-726-5700

EP092 Rent-To-Own Strategies, Making Money by Providing Affordable Housing, and Credit Restoration with Todd Warstler Oct 16, 2017

Todd Warstler learned he was losing his job while attending a Lou Brown Real Estate Seminar. The news couldn't have been better received, as Todd had already decided that he could make a better living using Lou's techniques.

Today Todd and I discuss the "Rent-to-Own" system that has helped him replace his job income, and how he's used this training to provide affordable housing to residents who were not able to acquire traditional financing. Todd took Lou Brown's lessons a step further by providing Credit Restoration Services that help his residents fix their credit report and improve their credit scores.

Todd also shares the returns he shoots for when working with investors, the contractor nightmare he encountered, ways to save money on rehabs, and his opinion on the 'Fix & Flip' Shows made popular on HGTV.

There's a lot of great information in this episode for every type of investor. If you'd like to get a hold of Todd, you can contact him by email, website or phone:

Todd@nicehomestoday.com

866-386-0590

www.nicehomestoday.com

EP090 High Risk Investing, Disaster Preparation, and Why You Need to take your Insurance Agent to Lunch, with Ann Finkler Oct 02, 2017

Ann Finkler describes herself as an Explorer, Entrepreneur, Investor, and High Risk Taker. Whether she's Buying an empty Industrial or Office Building, turning a Historic House into a Successful Bed & Breakfast, or Restoring Damaged Homes, she has learned to look at everything with a Creative Eye in order to find Profit and Cash Flow in areas other people would avoid.

Today on the show, Ann tells us how she looks for properties that she can fit businesses into, and how that led her to purchase an industrial building that was only 30% occupied. She also shares why she is cautious about taking on commercial debt and how she funds her deals using private money.

Ann also shares tips and advice on how to protect your home after a disaster, and why getting to know your insurance agent is so important. Ann also looks for strategic partnerships, and shares the qualities she likes to see in potential partners. You'll also learn how Ann was able to retire early, but changed her mind after the events of 9/11.

There's a lot of great experience and information packed into this conversation. Please take a moment to let us know how much you enjoy the show by going to itunes to subscribe, rate & review!

EP089 Violently Executing Your Business Plan and Systematizing your Real Estate Investments to Create Passive Income Sep 25, 2017

True Passive Income is the Holy Grail for most Real Estate Investors. However, its not always easy to separate ourselves from the Day-to-Day Realities of Investing and figure out ways to create a team, systems and processes that will free up more time and energy for other pursuits. In this episode we're going to discuss why a good plan violently executed today is better than a perfect plan executed next week.

Gary Hall is an Entrepreneur, Passive Income Strategist, and the Operations Manager of Westshore Property Management in Muskegon, Michigan. Gary's going to share concrete examples of the systems he's put in place throughout his career to create passive income while building his real estate portfolio.

We also go into detail on a low income 11 unit that he's turning into an Airbnb cash cow, as well as his first 'blind pool' syndication and the lessons he learned while raising over $400,000.

Gary also discusses the Financial Business he started while in College, Whether Dave Ramsay's advice applies to Commercial Investors, and his outlook on the West Michigan Market.

If you're serious about treating your Real Estate Investing as a Business, then I know you're going to get a lot out of this episode.

Gary's contact info:

http://www.westshorepropertymanagement.com/

gary@westshorepropertymanagement.com

Gary@deanarrow.com

To share your True Life Ghost Story contact Brian Hamrick @ brian@higinvestor.com

EP088 The Devil is in the Details: How Title Work, Legal Advice and Insurance can Make or Break your Real Estate Investment with Brian Durham Sep 18, 2017

Today we take a Deeper Dive into the Un-Sexy, yet Extremely Important, details that can make or break your rental property investments:

- why you should always have an Attorney review your Contracts

- the importance of Title Companies when you buy a Property

- how to avoid Adverse Possession - the Hostile Takeover of your Property

- How you can Profit from having a Cell Tower on your Property

- How to avoid Land Contract Disasters

Brian Durham is a Real Estate Agent and Office Manager for Precision Real Estate. He's also finished law school and is in the process of taking the bar exam. Brian has a background in Telecommunications, business management, and tenant law.

In this episode, Brian shares how his first home presented a unique and lucrative profit potential when a large grocery store chain made him an offer he couldn't refuse, what happened when a house he sold on land contract burned down, and why he sees the strong housing market continuing for another two to three years.

I know you'll gain a lot of in-depth real estate knowledge from today's conversation. Please take a moment to go to itunes to give us a review & rating.

To contact Brian:

facebook: Precision Real Estate llc

616-299-5777

bdurham5@gmail.com

And share your Real Life Ghost Story by emailing Brian Hamrick @ brian@higinvestor.com

EP087 Fifty Dollars to Change a Toilet Paper Holder! - Is Professional Property Management Worth It? With James Loftus & Patrick Spitzley Sep 11, 2017

This episode is dedicated to anyone who's ever owned rental property and has had to decide whether they should self-manage or hire a professional 3rd party property management company.

James Loftus and Patrick Spitzley are back in the studio to discuss their experiences managing their rental properties and then handing over their babies to someone else to take care of them.

We discuss the pro's & con's of professional management v.s. self-managing, getting rid of intrusive and demanding tenants, and whether or not your bottom-line numbers will improve with professional management.

James and Patrick also discuss why they chose not to start their own management companies, the lifestyle they've created with their free time, and whether or not $50 for changing a toilet paper holder is too expensive.

I know you're going to enjoy our conversation. Stick around until the end to hear some bonus 'off-mic' content!

EP086 Control Your Destiny by Investing in Lease Options, Land Auctions and Apartments with Whitney Nicely Sep 04, 2017

Whitney Nicely believes everyone should control their destiny by investing in real estate as soon and as much as possible. Today she joins me in the studio to talk about the many types of deals she's done, the techniques she's used, and the lessons she's learned along the way.

Whitney LOVES investing in Lease Options, and she tells some great stories of the money she's made, and the headaches she's encountered.

You'll also learn the three profit points Whitney focuses on when doing a lease option: The non-refundable lease fee, monthly cash flow, and profit at sale.

Whitney also buys vacant land at auctions and tells the story of two purchases that had surprisingly lucrative outcomes. You'll also find out how she and her boyfriend (now husband) were able to purchase their apartment units with no money down.

This is a fun, informational episode that I know you're going to enjoy.

You can contact Whitney through her facebook page by going to:

www.whitneynicely.com/group

EP085 The Art of Buying and Selling in a Hot Real Estate Market with Joshua Schaub Aug 28, 2017

In this red-hot real estate market you need every possible edge to separate yourself from all of the other buyers and investors you're competing with. There are also tricks and tips sellers need to be aware of to get the best price for their property.

Today Joshua Schaub from Icon Realty Group is back in the studio to share up-to-date actionable techniques for buyers, sellers and investors that will give you the edge in today's real estate market.

Joshua has 7 tips for buyers that will help them get more offers accepted, 5 tips for sellers that will help them price and market their home effectively, and real-life stories from the trenches that every investor can learn from.

We discuss the vacant land he purchased where his development plans were literally 'sunk', why buyers should do a final walk-through before closing, and how he helped sell a house that hadn't received any offers for more money than the seller had been asking through a previous broker.

There's a lot of fantastic information packed into this episode. I'm also thrilled to welcome Icon Realty Group as the newest sponsor for this show. You can contact Joshua and Icon Realty Group by phone or website:

616-216-2000

http://www.joshuaschaub.com/

http://theiconrealtygroup.com/

EP084 Meet the Couple from England who Built a 57-Unit Portfolio in Kalamazoo with Bill and Jackie Howson Aug 21, 2017

Bill and Jackie Howson have achieved what many Real Estate Investors dream of - They've built a 57 Unit portfolio, weathered the loss of his job, and achieved financial security through Real Estate Investing. But best of all, they've done it together.

Today we discuss how their unique talents and skills compliment each other, and share some funny stories of the arguments they've had along the way. Bill is the researcher and constant learner, who enjoys the due diligence and acquisition phase. Jackie is the designer and rehabber, who has earned her respect in a male-dominated industry.

Bill and Jackie also share their management philosophies, and tell why they no longer accept residents who have evictions in their past. They also talk language differences, and how they've had to learn the American meaning of 'yard', 'electrical socket', 'tub', and 'faucet'.

I know you'll enjoy this fun and informative conversation. Please take a moment to go to itunes to give us a 5 star rating and review!

EP083 Buying a Dollar General Store V.S. Buying a Multifamily: Differences in Investing in Commercial Office, Retail and Industrial with Marcus & Millichap Senior Associate Michael Cagen Aug 14, 2017

When it comes to buying Commercial Retail, Office or Industrial Investment Property, there's a lot of differences from the Commercial Multifamily and Apartment World. Here to discuss and compare those differences with us today is Michael Cagen, a Senior Associate with Marcus & Millichap. Michael and I talk about Single Tenant Net Leases in the Retail space, such as those you might find with a Dollar General store or a Walgreens. We also discuss the different types of leases you might find in an office building such as Gross, Modified Gross, Single Net, Double Net, Triple Net and Absolute Net, and who pays what expenses under each. Michael shares the factors used in valuing these types of commercial properties, such as price and cost per square foot, cap rate, tenant strength, lease duration, and tenant improvements ("TI"). He also shares real-world examples from investments he's brokered. You'll also get an inside look at how Marcus & Millichap position their client's commercial properties in the market to attract the greatest number of buyers and how that translates to higher purchase prices. Michael will take us step-by-step through the process of working with sellers and buyers, and what makes a purchase offer stronger than others. This episode offers an in-depth and fascinating look at the different types of commercial investments. You can contact Michael by email or phone:

mcagen@marcusmillichap.com 616-291-6222

EP082 How He built a $160 Million Apartment Portfolio with 'Best Ever' Superstar Joe Fairless Aug 07, 2017

Joe Fairless is the host of "The Best Real Estate Investing Advice Ever" Podcast and today he's in the studio to tell us how he grew his portfolio from Four Single-Family Rentals to an apartment portfolio worth over $160 Million within the span of three years.

Joe shares the details on his 'Best Ever' investment, a 250 Unit complex in Houston Texas, and how he increased it's value from $16.1 Million to $21.6 Million in two years.

Joe also discusses the types of apartment investments he buys, his Return on Investment goals, and the steps he takes to increase the Net Operating Income. He'll also take us through his 3-step approach to scaling his business through strategic partnerships, as well as what he looks for in potential partners and what skills he brings to the table.

Joe also has a marketing background, and we discuss how important marketing is to raising money and being a successful investor. Joe also tells the story of his brief career in stand-up comedy and how that's helped him get past the fear of talking with investors.

Whether you're familiar with Joe's podcast or not, I know you'll learn a lot of great information from this episode. You can contact Joe through his email or website, and by listening to his podcast:

info@joefairless.com

http://joefairless.com/

EP081 How He Started with a $30K Four-Unit Foreclosure and Built a Million Dollar Portfolio with Tim VandenToorn from United Properties of West Michigan Jul 31, 2017

In 2011 Tim VandenToorn took a leap of faith and invested $30,000 from his savings and ROTH IRA into a four-unit foreclosure. That was his first step into real estate investing and he's been going strong ever since, building a portfolio worth over $1 Million dollars. In this episode, you'll find out how he did it.

Tim and I also discuss his previous career in law enforcement, and why he traded that in to work with his family in property management at United Properties of West Michigan. Tim started as a maintenance tech and has since worked his way up to Managing Partner, where he oversees over 500 properties in the West Michigan area. Tim also started United Realty, which assists investors with the acquisition of investment properties.

Tim shares a lot of the experience he's gained during this time, such as buying multiple properties from tax sales, understanding the true expenses of investment property, the power of using 'other people's money', budgeting for capital improvements, and the functional issues tenants look at when deciding whether they should rent your unit.

Tim also spends a lot of time working with first-time investors, and shares his tips on managing your expectations in this hot real estate market, defining your goals, and where he sees the opportunities going forward.

There's a lot of great information packed into this conversation. If you'd like to contact Tim or United Properties, you can do so by email or website:

tim@rentupm.com

https://www.rentupm.com/

Tim can also be found on Bigger Pockets.

EP080 Buying the Note and Taking Control of a Property for Pennies on the Dollar with Gene Chandler Jul 24, 2017

Many investors are struggling to find deals in this tight real estate market, and ending up increasingly frustrated by the lack of inventory and high asking prices they're encountering in the Primary market in which these properties are traded.

But there is a Secondary market in which these properties can be acquired for a fraction of their value by purchasing the note, or underlying mortgage.

Gene Chandler, the Asset Manager for Chandler & Chandler Financial, LLC, is in the studio with me today to share his experiences over the past decade in buying one-off and small pools of distressed assets directly from banks, hedge funds, and private equity groups.

Gene will explain the differences between the primary and secondary markets, performing v.s. non-performing loans, and traditional rehabs and flips v.s. 'fixing' a note.

You'll also learn the lingo Gene uses when talking to the bank's special asset manager, the types of properties he prefers, and many examples of the notes he's purchased and the profits he's made.

There's a lot of great information packed into this episode. If you've ever wondered what it takes to purchase the note directly from the lender, you owe it to yourself to check out this episode.

Gene can be contacted through his website or email:

http://chandlerfin.com/

investor@chandlerfin.com

EP079 How He Turned a Teardown Two-Unit into a Cash Cow with Mike VanderWoude Jul 17, 2017

Abandoned and Dilapidated for the past ten years, it was a two-unit property that no investor wanted anything to do with. I would drive by and wonder when the city would get around to tearing it down.

And then, Mike VanderWoude came along.

Mike is a broker at 616 Places, and he saw something that no one else did. He saw money.

Today, Mike takes us step-by-step through the acquisition and rehab of this two-unit property. How he negotiated the purchase price, acquired a construction loan, and checked with the city to make sure that it was indeed, a 2-unit property.

Mike also talks about the dynamics of Grand Rapids' West Side neighborhoods, how he researched what residents want in a home, whether they prefer a tub or shower, and the value of having great photos for marketing.

I know you'll enjoy learning from Mike's experience bringing a 2-unit back to life. You can find out more about Mike on the web:

http://www.grandrapidshomesforsale.com/mike-vanderwoude/

Enjoy the show!

EP078 The Most Evil Tenant on Earth, The Cat Woman, and Other Stories from the Property Management Trenches with Bert Heyboer Jul 10, 2017

Bert Heyboer, President of S&G Property Management Company, has been investing in & managing rental properties since 2003. Today he shares his stories from the trenches, including the Most Evil Woman on Earth, the Cat Woman, and difficult conversations with tenants who can't pay their rent.

Bert also shares his expert advice on how to get started in owning rental property, managing your cashflow expectations, and making sacrifices now so that you can reap the rewards later.

Bert's also passionate about the legislation affecting rental property owners, and chairs the RPOA's government affairs committee where he works closely with local & state lawmakers to prevent bad bills from happening.

I know you'll enjoy today's conversation with Bert. You can contact Bert and S&G Property Management by web or phone:

www.rentsg.com

616-719-0819

EP077 Buying and Selling Apartment Communities with Costar Power Broker Al Beachum Jul 03, 2017

If you're a buyer or seller of apartment communities in the Michigan and Ohio area, chances are you've talked to Al Beachum, an associate broker with Income Property Organization.

Al was recently named a 2016 Costar Power Broker with 47 commercial apartment transactions in 2016. Since 2007 Al has brokered over 230 multifamily properties worth over a half-billion dollars.

Today Al and I discuss his legal background and how it gives him an edge in working through the complex legal challenges that often happen during acquisitions. We also talk about the differences in scale and efficiencies between single family and apartment investing, and how to strategically deploy funds to improve apartment values.

Al works with a lot of first-time apartment investors and shares how he vets potential buyers to determine where their capital is coming from, whether they're properly funded, and what qualifications and track record they bring to the table.

We also discuss the Michigan market and Al's outlook on the changes he sees happening in the next several years.

If you're interested in investing in apartment communities, then this is a 'must-listen' episode!

You can contact Al through Income Property Organization's website:

http://incomepo.com/

EP076 How Losing Millions in the Recession led him to start a Completely Different Style of Property Management Company, with Marty Green Jun 26, 2017

When it comes to Real Estate Investing, Marty Green has had a wild ride. He made millions of dollars Rehabbing and Flipping Houses, and then lost it all during the Great Recession. After licking his wounds for about a week, he decided to start his own property management company, and in the process has flipped the traditional property management style upside down.

Today Marty discusses how he took everything he dislikes about traditional property management and created a company that does things very differently. Marty discusses the philosophy and strategies that align his companies' goals and profit with those of the owners they manage for.

Marty also shares some colorful stories of his early days managing rough properties and the confrontations he's had with past tenants. He also shares the story of how he was recruited by the Grand Rapids Vice Squad to become an undercover informant in order to rid his properties of criminal characters.

We're also thrilled that Marty's company, Green Property Management, will now be an official sponsor of this podcast! You can get in touch with Marty, or Green Property Management by website, phone, or email:

http://greenpropertymgt.com/

1-866-954-7336

martin@greenpropertymgt.com

EP075 The Art of Acting Stupid, Quitting Your Job, Building a Team, and other Questions answered with Justin Workman & Rob Minch Jun 19, 2017

Because you Demanded it! Justin Workman & Rob Minch are back in the studio today to answer more questions from our listeners:

How much money should you set aside for maintenance & capital expenses?

What repairs should you know how to do yourself v.s. what should you hire someone to do?

How do you avoid evictions?

Who do you need on your team to make the lender happy?

Resources for improving your Negotiation Skills.

How do you quit your job and live of of rents?

Justin, Rob & Brian also discuss the signs they're seeing in the marketplace and economy that are affecting their decisions & investments.

Enjoy the show!

EP074 How an Auto Accident Can Change Your Priorities in Real Estate. Transitioning from Small Multi's to SFH's, Leaving Grand Rapids, 1031 Exchanges, and Self-Directed IRA's with Lonnie Shields Jun 12, 2017

In 2012 Lonnie Shields and his wife were driving down the Beltline when their lives changed forever in an auto accident. Today Lonnie & I talk about that accident, and the role real estate investing has played on their road to recovery.

Lonnie shares his thought process in determining to sell off his small Multifamilies in Grand Rapids and invest in Single-Family Homes in a new, less expensive market. We discuss the 1031 exchange he's currently doing by selling a 5-unit and purchasing 8 to 10 Single Families in Muskegon, Michigan.

We also talk about Self-Directed IRA's, and how Lonnie prefers using his SDIRA as a way to invest in two SFHs instead of the stock market, where he was losing money every year. Lonnie also talks about reconciling his Christian faith with the realities of being an investor and landlord, and the effect it has on his trust in sellers, contractors and tenants.

Lonnie is also a big believer in the benefits of being an RPOA member. If you'd like to learn more about the RPOA, go to www.rpoaonline.org And please be sure to give this podcast a review & rating on itunes.

Enjoy!

EP073 How Growing Up with Few Material Possessions Helped Prepare Him for Extreme Foreclosure House Hacking with Benjamin Mcclellan Jun 05, 2017

Benjamin Mcclellan grew up with eight brothers & sisters, few material possessions, and even less money. Many of his meals consisted of rice, beans, and popcorn. But his parents instilled in him a strong work ethic and a lifelong passion for learning.

That passion has led Benjamin to invest in 14 Buy & Hold Rentals, as well as 3 Flips in the Grand Rapids area. He's also done what I'd call "Extreme House Hacking" by buying foreclosed properties with no running water, gas or heat, and living there while he does the rehab. This strategy has led to interesting encounters with homeless squatters, thieving neighbors, and frozen pipes, but its also set Benjamin on the path to financial independence.

Benjamin also has a knack for creating relationships with sellers and note holders that has helped him acquire his properties for very little money down with unique deal structures. He shares the nuts and bolts of those deals in today's conversation.

If you want to know what it takes to start with very little and build it into a strong portfolio of real estate assets, then I know you're going to enjoy today's conversation.

EP072 Who is Fighting Bad Laws that Hurt Real Estate Owners & Investors? How the RPOA Fights For Your Rights with Clay Powell May 29, 2017

Should you be forced to allow residents to smoke medical marijuana in your properties? Are you concerned about Rent Control Laws affecting your bottom line? Who should pay the cost of getting rid of Bed Bugs? Is it your responsibility to make sure your residents are registered to vote?

Who is helping to shape the legislation that answers these questions?

The Rental Property Owners Association ("RPOA") is, that's who.

And today, we talk with Clay Powell, the Director of the RPOA, about a little understood, yet vital function of the RPOA, which is to work with local and state legislators to prevent laws that could make owning rental property more expensive and cumbersome for Landlords and Investors.

Clay and I discuss recent successes in preventing mandated inspections for Lead Paint, requiring landlords to register their residents to vote, expensive requirements for new smoke detector technology, and many other issues that affect our bottom line.

The RPOA is protecting your rights as a Landlord and Investor, whether you're a member or not. You can help out by becoming a member:

www.rpoaonline.org

You can also contribute to the Political Action Committee ("PAC") by calling 616-454-3385 with your donation.

Enjoy the show!

EP071 Tales of the Honeymoon House Hack - How they used their wedding registry to raise the down payment on their first House Hack, Evicted their tenant during their honeymoon, and make financial decisions together May 22, 2017

A year ago Cameron & Emily Walker, in their own words, 'knew nothing' about buying rental property and real estate investing.

Cut to today's conversation where they share how they came across the concept of House Hacking, located & purchased a duplex, and are now living in one unit and using the rent from the other unit to pay their bills.

It wasn't an easy learning experience, and Cameron & Emily are going to tell us how they raised money for their down payment from their wedding registry, evicted their tenant while on their honeymoon, and how they're using their extra house hacking income to pay off their student loans.

We also debate whether or not they should pay off their Private Mortgage Insurance (PMI) immediately, or apply those payments to their next house hack.

I know you'll enjoy today's episode. Cameron & Emily never thought they'd be home owners so soon, let alone rental property owners. If you're already an investor this conversation will remind you what it was like when you began. If you're not yet an investor, this episode will inspire you to get started!

And if you like what you hear, do me a favor and go to to itunes to give us a review & rating.

Enjoy!

EP070 The Secret to Raising all the Money You Need with "Magnetic Capital" author Victor J. Menasce May 15, 2017

As a syndicator in large apartment investments, I've certainly spent a lot of time and effort raising money from private investors.

"Magnetic Capital: How to Raise All the Money You Need for ANY Worthy Venture" is a book that I wish I'd had when I was just starting out.

Victor J. Menasce, the author, joins me today to share the secrets he's learned about raising Other People's Money. We'll discuss the five fundamental elements to raising money: Relationship, Trust, Results, Compelling Opportunity, and Allignment, and how they apply to Real Estate Opportunities.

Victor will also provide insight into the Psychology of raising money, how to avoid being 'creepy', The Art of the Pitch, Rookie Mistakes to Avoid, and whether or not you need a business plan.

Victor has also appeared on "Dragon's Den", which is the Canadian equivalent of "Shark Tank", and he'll share that interesting experience with us.

You can purchase "Magnetic Capital" by going to Victor's website:

http://www.victorjm.com/

There's a lot of great actionable content in today's episode that I know you'll enjoy. One action you can take right now is to give us a review & rating on itunes!

EP069 Partnering to find Unique Opportunities in Multifamily and Apartments, Difficult Sellers, Busted Condo Communities, and Learning to Syndicate with Brad Tacia & Mark Yuschak May 08, 2017

Brad Tacia and Mark Yuschak both come from a successful background in the corporate world, and they've each had their share of real estate success. So it made a lot of sense for them to partner up, and doing so has had enormous benefits.

Today Brad and Mark discuss the two deals they've done together - a 23 unit community in Fowlerville, and a 63 unit Senior Housing Property in Lansing, Michigan.

We'll discuss how they found these deals, the negotiations they had with the sellers, and the efficiencies they were able to bring that provided a huge upside in their Net Operating Income. We also discuss a busted condo community that Brad purchased during the recession, and how Brad and Mark analyze their deals.

Brad and Mark are also laying the groundwork for their first syndication, and we discuss the type of deal they're looking for, the types of returns they hope to project, and how they share their information with potential investors.

I know you'll enjoy this show. Please go to itunes to subscribe, rate & review!

You can get in touch with Brad and Mark through email & facebook:

bradtacia@gmail.com

myuschak@gmail.com

facebook: Apartment Investors of Michigan

EP068 From Flipping in Philly to Making It in Multi-Family with Jordan Anderson May 01, 2017

I first met today's guest, Jordan Anderson, at a Multi-Family Bootcamp several years ago when he had just purchased two-four units in Philadelphia.

Today we discuss what Jordan learned at that bootcamp about multi-family, his successful flipping business, and a triplex he purchased recently with vacant commercial space.

Jordan also shares what happens when you don't listen to your mentor, the contractor who took advantage of him, and the out-of-town investors who might be overpaying in the Philadelphia market.

We also talk about the mindset difference between flipping and multi-family, nurturing relationships with prospective sellers, and using private money.

There's a lot of great information in this episode that I know you'll enjoy. Please take a moment to give us a review & rating on itunes.

EP067 Should You Pay $25,000 for Coaching & Training? Your Questions Answered with Justin Workman and Rob Minch Apr 24, 2017

For the first time ever on the podcast we answer questions posed by our listeners.

I've invited Rob Minch and Justin Workman back into the studio to help me answer many important questions...

"Should I pay $25,000 for Coaching and Training?"

"I hired a new property management company and my occupancy dropped to 83%. Did I make a mistake?"

"Should I do a cash-out refinance and pull out over $200,000, or is setting up a line-of-credit a better option?"

We answer these questions and more, including the podcasts, books, and people that inspire and educate us. This is an episode you don't want to miss!

If you have questions you'd like to have considered for a future episode, please give us a rating and review on itunes, then email me at brian@higinvestor.com

EP066 You Can't Steer a Parked Car - Taking Action Quickly (but not recklessly), Systematizing Your Business, and Bringing Your Wholesaling to the Next Level with Mike Cowper Apr 17, 2017

In the span of three years, Mike Cowper has grown his wholesaling business to become one of the largest in the Eastern Michigan Tri-State area. Mike and his partner do 20 deals a month by marketing to homeowner/sellers and assigning the contracts to investors of all specialties.

Mike did not achieve this success by accident, and he's happy to share how he systematically and deliberately went about building his multi-million dollar business. From defining his team and their duties, to instituting systems and processes, and creating a killer website that is addictive and fun.

Mike and I also discuss the mastermind group he joined that was instrumental in his growth, how solving other people's problems is a key component of his success, and why you can't always believe what the wholesaling gurus tell you.

Mike's contact info:

http://webuyroi.com/

mike.cowper@webuyroi.com You can also hear Mike on the "Just Start Real Estate" Podcast. I know you'll enjoy this episode. Please remember to go to itunes to give us a star rating & review.

EP065 What's better than HGTV? How about a Live Property Krawl where you see Real Rehab & Flip Properties in Kalamazoo (and on facebook) with Jeremy Cole and Ramon Huerta Apr 10, 2017

Whether you love or hate those HGTV shows on Rehabbing and Flipping, you're going to really enjoy today's conversation.

Ramon Huerta and Jeremy Cole host a 'Property Krawl' every month in Kalamazoo, Michigan, where they invite all levels of investors to accompany them on a tour of properties that are ripe for rehabbing, flipping, and buy & hold investing.

Ramon is a realtor/investor, and he chooses the homes to view, while Jeremy uses his contractor skills to help others understand the costs involved in rehabbing the properties. Together, they strive to help beginning investors understand the complexities of acquiring, rehabbing, and owning rental property, while sharing creative strategies with the more experienced investors who also join in.

We also discuss the economic dynamics of Kalamazoo, a city where you can still buy houses for under $10,000.

I highly recommend visiting the facebook page for 'Property Krawl', where you can see videos and photos of the events. You should also take a moment to go to itunes where you can rate and review this podcast!

Enjoy!

EP064 How ordering a Pizza told him he was investing in the wrong neighborhood. From Flipping Houses to Building a $65 Million Real Estate Group using systems & team building with Joe Delia. Apr 03, 2017

Joe Delia is the Lead Agent & Owner of The Delia Group, a Keller Williams agency ranked in the top 10 in the state of Michigan with over $65 million in sales last year.

Joe comes from an entrepreneurial background that helped him thrive during the Great Recession. Joe shares his many adventures in real estate; His experience with Trump University, Flipping & Rehabbing homes in Las Vegas & Phoenix, the frustrations of high-end flips, and the reasons why he avoids cheaper properties in 'D' neighborhoods.

Joe's wife, Renee, is a Six-Sigma Blackbelt, and he discusses how she was able to bring operations & lean processes to The Delia Group that helped them land a huge corporate account with Quicken Loans and complete over $65 Million in transactions in 2016.

If you're struggling with building your team and finding 'A' players, then you'll benefit greatly from this episode. Joe describes the process he uses to find, hire & promote the best talent and build the strongest team possible.

You can contact Joe through his email at: joe@thedeliagroup.com

I'd also like you to take a moment and give this podcast a rating & review on itunes.

Enjoy!

EP063 The Definitive House Hacking Expert Panel, Live from the RPOA Annual Conference! Mar 27, 2017

The RPOA's House Hacking Expert Panel from the Annual Conference was so popular that we decided to record it and make it into a podcast episode.

If you've ever wondered what House Hacking is all about, or why it makes sense, this is the episode you don't want to miss. Our expert panel will talk you through every step: how to find the right property, how to secure financing & renovation loans, and how to find the right tenants.

Courtney Sorrell & her husband completed their first house hack last year. Courtney is the Assistant Director of Annual Giving at Davenport University and is the founder of Pika Properties.

Courtney was also a guest on the podcast – episode #30

Kevin Murphy also completed his first house hack last year and used a little know loan to acquire the property and roll in $30k for rehab expenses. Kevin is a Strategic Pricing Analyst for Meijer, as well as a crossfit trainer & public speaker.

You can hear Kevin on Episode #31 of the podcast.

Allison Koetsier is the Rock Star Realtor who helped Courtney find her first house hack. Allison works for Compass Realty Services & is the #1 multi-family broker in West Michigan. She’s a board member of the RPOA and runs the millionaire mastermind group.

You can hear Allison on Episode #38 of the podcast.

Josh Smith was instrumental in helping Kevin remodel his first house hack using an FHA 203k mortgage. Josh was the owner of Front Porch Group, which focused on the niche of remodeling homes using 203k loans, and he’s currently the sales manager at Treadstone Mortgage, which specializes in residential home mortgages including FHA renovation loans.

I know you're going to enjoy this special podcast episode. Please take a moment to go to itunes to subscribe, rate & review!

EP062 How Buying Cheap can lead to Big Profits or Big Losses in Single Family and Apartment Investing, Creative Financing and Lines of Credit, and the Tale of the Exploding, Boiling Toilets with Steve Ferris Mar 20, 2017

With over 20 years of experience buying, managing, and profiting from Single Family and Apartment rentals, Steve Ferris has certainly had his share of up's & downs.

Today Steve shares the lessons he's learned about hiring professional management, flipping his first house, creative financing and lines of credit, and why buying a bargain does not always lead to big profits.

Steve is a Single Family and Apartment investor in Grand Rapids and Muskegon, Michigan. His first acquisition was in 1995, and his portfolio grew quickly enough to allow him to quit his day job. Steve is still actively acquiring rentals in Muskegon, and during our conversation he shares the numbers and returns he's been able to achieve.

I know you'll enjoy our conversation today. Please show us how much by going to itunes to rate & review the show!

EP061 Tax Tips to Save You Money - Tax Season Bonus with Duane Culver Mar 13, 2017

Real Estate Investing offers one of the greatest paths to long-term wealth. However, one of the most important components of building that long-term wealth is often overlooked, or approached with dread & fear. Of course, I'm talking about taxes.

Today, in an effort to get past that fear & confusion, we delve into the tax benefits and reporting methods of real estate investing with Duane Culver, CPA and President of Culver CPA Group.

Duane is going to talk us through year-end tax reporting and what you should know if your are a wholesaler, flipper, rehab-er, or buy & hold investor. Duane explains terms like 'depreciation' & 'basis', the difference between investment & business income, what is a balance sheet and profit & loss statement, retirement planning & IRA's, as well as common mistakes different types of investors typically make when they fill out their tax forms.

If you're about to sit down & do your own taxes, or you have a professional prepare them, it pays to learn as much as possible about tax rules & how they apply to real estate investing. The more you understand, the more you'll be able to use tax law to your advantage, avoid mistakes, and prevent IRS audits.

Duane can be contacted by email, his website, or phone:

dculver@culvercpagroup.com

www.culvercpagroup.com

616-456-6464

Enjoy the show, and please take a moment to go to itunes to subscribe, rate & review.

EP060 Success from the Start with Buy & Hold Single Family Rentals with Jeff Wilson Mar 06, 2017

Twenty years ago, Jeff Wilson attended a free Robert Allen Seminar and shortly after purchased his first Single Family Rental Property for $10,000. That successful investment was the beginning of a portfolio that would take him from Cleveland to Grand Rapids, through boom and bust, and ultimately to a point where he is preparing his properties to see him through retirement.

Jeff and I discuss the up's and down's of his investing career, buying HUD properties, selling on Land Contract, working with Section 8 tenants, and his philosophy of improving his properties by putting the cash flow back into capital expenses.

Jeff is also a successful entrepreneur, and I know you'll enjoy listening to his straight-forward advice on owning, managing, and profiting from rental property.

And if you like what you hear, do me a favor and go to to itunes to give us a review & rating.

Enjoy!

EP059 How to Locate, Negotiate, Syndicate, and Acquire a 40-Unit Apartment Community with Josh Sterling Feb 27, 2017

If you've ever wondered what it takes to acquire a 40-unit apartment community, then you don't want to miss hearing Josh Sterling take you through the process step-by-step.

You might recognize Josh from Episodes 33 & 34 where he discussed his Buy & Hold portfolio in Single Family, Multifamily & Apartment rentals. Josh is also the owner of Epic Property Management near Detroit, Michigan.

Josh recently acquired this 40-unit in Newport, Michigan, and he's going to walk us through the entire process. Josh discusses the broker relationship that gained him access to this deal, how he ran his initial numbers, the site visit, the Letter of Intent, negotiating the purchase price, the purchase agreement, due diligence, the physical inspection, working with the lender, committing his own money toward earnest funds and bank fees, raising other people's money through syndication, pro-rating property taxes, closing the deal, and managing the property after acquisition.

If you're looking for actionable information that will help you do your next deal, then you owe it to yourself to hear what Josh has to say.

And if you like what you hear, do me a favor and go to to itunes to give us a review & rating.

Enjoy!

EP058 How Multifamily & Apartment Success Helped him leave the Corporate Rat Race and Teach Others to Retire in 3 to 8 years by Investing in Apartments with Brad Sumrok Feb 20, 2017

Brad Sumrok is the #1 nationally known educator and mentor for multifamily investing in the country, and today he's going to tell us how he helps people retire in just 3-8 short years by investing in Apartment Complexes.

Brad spent 17 years in the corporate world and he shares with us how his first several multi-families allowed him to leave that world for good. Brad and I discuss Robert Kiyosaki's cash flow quadrants, ESBI, and the difference between being a W-2 employee, self-employed, business owner & investor.

We also talk about Apartment Syndication and real, achievable returns that investment sponsors and passive investors strive for.

Brad's personal mission is to help as many people as possible obtain more income, freedom, and security, by transferring his 15-plus years of apartment investing experience to those who attend his training.

And you have a chance to hear him speak on Saturday, February 25th, 2017 in Grand Rapids, Michigan, at the RPOA's Annual Conference at Devos Place Convention Center. Registration is FREE at www.rpoaonline.org

EP057 Taking Total Control of Yourself in order to Take Total Control of Your Rentals with Mr. Landlord, Jeffrey Taylor Feb 13, 2017

35 years ago, Jeffrey Taylor and his wife became accidental landlords. But they had no way of knowing that long ago, that the mistakes they were making and the challenges they were facing, would someday go on to inspire tens-of-thousands of real estate investors and landlords across the country.

Today you will find out how Jeffrey Taylor transitioned from being a full-time school teacher into Mr. Landlord, a highly sought-after speaker, trainer and author who has spent the past 32 years teaching landlords how to treat rental property as a business, increase their cash flow, and reduce their headaches along the way.

Jeffrey is going to share actionable tips from his "Take Total Control Program" that includes his non-traditional ideas on how to increase your tenant's satisfaction and create more freedom for you as a rental property owner.

But wait, there's more... Because Jeffrey will be speaking at the RPOA's Annual Conference on February 25th, 2017 at the Devos Place in Downtown Grand Rapids, Michigan. I highly recommend that you go to www.rpoaonline.org to register for your FREE admission.

EP056 Being on the Best Bus Line: High-End Student Housing Acquisition, Renovation & Management with Joshua Schaub Feb 06, 2017

Often times in Real Estate, it can be the little things that differentiate your property from the competition. For Joshua Schaub, it was being located on the right bus line that fueled his early investment success.

In our conversation today, Joshua and I discuss his portfolio of High-End Student Housing, and his criteria and strategies for locating, acquiring, rehabbing and managing them for maximum profit. Joshua also takes us through a case study of his most recent Single-Family purchase.

Joshua & I also share the details on things we've found while walking through foreclosed homes, how Joshua house-hacked his first investment property, our take on the current market, and Joshua's advice to recent college graduates interested in earning a living through real estate investment.

Joshua is the owner of Icon Realty Group, representing buyers and seller in the Grand Rapids Home Market. He also owns Pro Properties, LLC to locate, purchase, renovate and manage his properties.

You can reach Joshua through his website at:

http://theiconrealtygroup.com/about/broker/

EP055 She's Completed over 600 Wholesale Deals on her way to achieving her Ultimate Goal. Learn the Fastest & Easiest Way to Wholesale Properties for Big Money with Vena Jones-Cox Jan 30, 2017

Would you agree that doing over 600 Wholesale Deals makes you an expert on the subject? Then you're going to love hearing from my guest today.

Vena Jones-Cox is known as 'The Real Estate Goddess', and she is also a self-described 'Real Estate Geek' who is knowledgeable on just about every aspect of real estate investing and believes it to be the best way to achieve financial independence.

Vena does all of her investing in the greater Cincinnati area and has bought/sold/managed over 700 deals employing many different creative strategies.

Vena also hosts the Public Radio Show called "Real Life Real Estate Investing", and she will be speaking at the RPOA's FREE Annual Conference in Grand Rapids, Michigan on Saturday, February 25th, 2017 from 10 a.m. until 12 p.m. at the Devos Place Convention Center.

Vena will be sharing her unique and up-to-date strategies on the Fastest & Easiest Way to Wholesale Properties for Big Money.

You don't want to miss what Vena has to share. Enjoy this episode and register for the FREE CONFERENCE at www.rpoaonline.org

EP054 Growing up in a Family of Property Managers, Turning around a Cash-Flow Negative Property, and Success Tips in Apartment Investing with Justin Hentemann Jan 23, 2017

When Justin Hentemann turned nine years old his father started a property management company. Justin literally learned the business from the ground up - by cleaning hallways and landscaping, to becoming a property manager and team supervisor, to working his way up to Vice President of MTH Management Company.

Today, Justin and I have a very high-level conversation that anyone interested in Commercial Apartment Investing will want to listen to. Justin explains why the success of a property is determined on the day you close, how to find efficiencies and lower expenses, and how to turn around a cash-flow negative property.

You're also going to learn about the different accounting methods and the difference between cash-based accounting and the accrual method. Justin also manages Low Income Tax Credit (LITC) properties, as well as HUD, Rural Development (RD) and MSHDA housing. We'll discuss what these terms mean, as well as what it takes to comply with these types of loans.

MTH Management is based in Lansing, Michigan and manages over 2,000 units of large apartment communities, as well as some smaller multi families throughout Michigan and parts of Ohio & Indiana. You can contact Justin in the following ways:

email: jh@mthmgt.com

Phone: 517-668-1800

Website: http://www.mthmgt.com/

I know you're going to learn an incredible amount from today's episode. Please take a moment to give us a rating & review on itunes.

EP053 Proven Buy & Hold and Rehabbing Investment Strategies with the 'Queen of Rehab', Robyn Thompson Jan 16, 2017

What is the best way to determine whether you should be a Buy & Hold investor or a Fix & Flipper? Why not be both?

Robyn Thompson is known as the 'Queen of Rehab'. She is the nation's leading expert in buying, renovating and selling single and multifamily homes for huge profits. Robyn has renovated and sold well over 300 homes.

Robyn has also taught thousands of students how to achieve Financial Independence by investing in distressed properties, and will be sharing her secrets and strategies at Michigan's Largest FREE Real Estate Investor & Landlord Conference & Expo which is happening February 23-25, 2017 at the DeVos Place in Downtown Grand Rapids, Michigan.

Robyn will be speaking at both the morning and afternoon sessions on Thursday, February 23rd and will be bringing along her valuable BONUS materials to hand out to everyone who registers in advance.

For more information & your free registration go to: https://rpoaonline.org/

EP052 Strategic Partnerships for Exponential Success. Syndicating, Managing, and Turning Around Large Multifamily & Apartment Communities with Marty Green Jan 09, 2017

A lot of listeners have asked me to share more about my investing strategies and experiences in Multifamily and Apartment Syndication. The best way to accomplish this is to bring in my business partner, Marty Green, to discuss three of the deals we've done together.

Marty Green is the owner of Green Property Management here in the West Michigan area. Marty & I have partnered on three separate apartment investments, and we will discuss the many aspects of those deals during our conversation today.

Both of us believe strongly in strategically partnering with the right people to get past plateaus, overcome challenges, and achieve exponential growth in real estate investing.

Marty also explains why your expenses should go up, and your income should go down when you first acquire a turnaround investment property. We discuss what to do when you've inherited bad tenants, alternatives to capital calls, lowering expenses to increase your Net Operating Income, and the number one thing we do at all of our communities to prevent tenant problems and attract the best residents.

I also share how we syndicated these investments: the SEC rules we followed, the types of investors we worked with, the money we raised, and our communications with our current investors.

I know you'll enjoy today's show. Please take a moment to give us a rating and review on itunes.

If you'd like to learn more about Marty Green, you can reach him through his website:

http://www.greenpropertymgt.com/

To learn more about Hamrick Investment Group:

http://www.higinvestor.com/

EP051 Are Financial Gurus always right? Disagreeing with Dave Ramsey's advice on House Hacking with Expert real estate Investors Justin Workman & Rob Minch Jan 02, 2017

Listeners to this show know that I'm a big fan of house hacking as a great way to get into real estate investing. Many of our guests have begun their investment career by purchasing a multifamily property and living in one of the units while letting the rent income from the other unit(s) pay for their mortgage and expenses. In fact, I believe house hacking is one of the most sensible and lucrative ways to build a real estate portfolio, and have spoken with many guests who have proven this to be so.

Apparently, Financial Advice Guru Dave Ramsey does not agree.

In a recent advice column, Dave seems to advise one of his readers against purchasing a three unit and living in one side, while letting the income from the other two units pay for his mortgage and expenses.

http://www.daveramsey.com/davesays/column/column/dave_Says_2016-11-07

Dave goes on to suggest the reader would be better off purchasing a nice, single-family home instead.

Does Dave's advice really make sense? In order to answer this question, I've invited several of my past guests into the studio to debate the pro's & con's of his answer.

Justin Workman (Episode 3) and Rob Minch (Episode 9) help me get to the bottom of Dave Ramsey's House Hacking advice, and the result is not what you would expect.

EP050 Hidden Market Strategies in Today's Current Market with Tony Youngs Dec 26, 2016

In today's tight and competitive Real Estate Market how do you find those hidden gems, and can you still profit from foreclosures?

Tony Youngs will address those questions and more. During our conversation today, Tony shares his 30 years of experience, systems, and strategies in acquiring foreclosures and hidden market properties.

Tony also discusses wholesaling, rehabbing, and the mistakes he's made along the way.

I know you'll enjoy listening to Tony's techniques, and I also encourage you to come hear Tony speak live at Michigan's Largest FREE Real Estate Investor & Landlord Conference & Expo which is happening February 23-25, 2017 at the DeVos Place in Downtown Grand Rapids, Michigan.

If you plan on getting serious about real estate investing and rental property ownership in 2017, this is the 'can't miss' event of the year.

For more information & your free registration go to: https://rpoaonline.org/

EP049 Replacing Your Job Income with Five Rental Properties, Infinite Returns and Profiting by Solving Other People's Problems with Nick Watkins Dec 19, 2016

Two-Thirds of the way through my conversation today, Nick Watkins drops a huge bombshell: He's managed to generate as much money in rental profits as he makes in his full-time job - and he's done it with only two duplexes and three single-family properties!

Nick takes me step-by-step through his process, how his desire to help others solve their problems led him to purchase rental property, how he's used creative financing to help him achieve 'infinite returns', and how he's learned to manage his properties and his tenants.

Nick also shares stories about the tenant who threatened him and his family, the subsequent eviction, and the consequences of not doing thorough background checks and tenant screening.

Nick & I also discuss the pro's & con's of hiring a professional third party management company, and whether or not the additional expenses are justified.

Nick shares a lot of great information, stories and tips. You can contact him through email at NickWatkinsHouses@yahoo.com

I know you'll enjoy today's conversation. Please take a moment to subscribe, rate & review on itunes.

EP048 A Surprising & Unexpected Connection to the Past - Buying, Restoring & Renting Historic Homes with John Potter Dec 12, 2016

John Potter has built an investment career on buying, rehabbing and leasing historic homes in Grand Rapids, Michigan. Sometimes while working on these homes he's discovered treasures left behind by the former occupants.

John has also discovered something surprising and unexpected about his childhood home that helps explain why he's so passionate about these historic homes.

John & I discuss his passion for homes that are more than 100 years old, what makes them better than the homes built today, and John's strategies to keep them filled with the best tenants.

John is also the owner of Tanglewood Properties and a realtor with Pro Real Estate Services. You can contact John through his website:

http://www.tanglewoodproperties.com/mission/

I know you'll enjoy today's conversation. Please take a moment to go to itunes to subscribe, rate & review!

EP047 How a Snowmobile Accident made him Question Everything about his Real Estate Investing Business, Land Contracts and Buying & Selling Notes with Justin Herrema Dec 05, 2016

Seven years ago Justin Herrema was in a bad snowmobiling accident that made him question everything about his real estate investing business model. This questioning led him to become the founder & CEO of Land Contract Realty and Land Contract Notes.

Today Justin shares his over 10 years of Real Estate Investing experience with us, and how he acquires a property, rehabs it, and then sells it on land contract to buyers who aren't able to acquire traditional bank financing. Justin then takes it a step further by selling the note to a private investor or hedge fund.

There's a lot of great information packed into this conversation. Justin talks about buying from banks & auctions, renovating, flipping, acquiring lines of credit, working with private investors and getting private money, as well as buying foreclosures from motivated sellers.

You can contact Justin through his websites:

http://landcontractrealty.com/

http://landcontractnotes.com/

I'd also encourage you to subscribe, rate & review this podcast on itunes.

EP046 Success Breeds Success - Leveraging a Successful Business in Film Production into 26 units and a Property Management Company with Matt Martyn Nov 28, 2016

What is it about Real Estate Investing that would cause a successful business owner in a completely different field to buy three 8-Units and a duplex and start his own Management Company?

Today we'll find out during my conversation with Matt Martyn, the Co-Owner & Co-Founder of Cobertyn Group and Ahptic Film & Digital.

Matt shares how he and his business partners acquired a duplex eight years ago and the difficulties they encountered in managing it while running a successful film production business.

Then Matt talks about their latest acquisitions, three 8-Units in the Lansing, Michigan area that they're currently rehabbing. Matt and his partners have formed a new management company and we'll be discussing the start-up challenges they've encountered so far. Matt & I also talk numbers and how they were able to acquire bank financing and negotiate their acquisition.

You can find out more about Matt & his company by visiting http://www.cobertyn.com/

I'm sure you'll enjoy today's episode. If you enjoy listening to this show, please do me a favor and go to itunes to SUBSCRIBE, RATE & REVIEW!

EP045 Starting From Broke - How to Quickly Make Money without Money in Real Estate with Tom Zeeb Nov 21, 2016

Fifteen Years ago Tom Zeeb was broke and looking for a way to raise money quickly.

Today he's going to share his Rapid Cash Generation system that allowed him to leave his job and pursue Real Estate full-time through Wholesaling, Flipping and Buy & Hold investing. Tom is going to tell us how he Finds the Deal, Makes the Deal, & Gets Paid.

Tom Zeeb is an active investor, President of Traction Real Estate Investors Association and Founder of Traction Real Estate Mentors, where he's helped hundreds of average people replace their income, quit their jobs, and turn full-time to real estate investing.

I know you'll enjoy listening to Tom's techniques, and I also encourage you to come hear Tom speak live at Michigan's Largest FREE Real Estate Investor & Landlord Conference & Expo which is happening February 23-25, 2017 at the DeVos Place in Downtown Grand Rapids, Michigan.

For more information & your free registration go to: https://rpoaonline.org/

EP044 How a Conversation in a Convenience Store Changed Everything, Owning & Managing Single Family Rentals and Buying & Flipping Foreclosures with Andy Wierda Nov 14, 2016

Sometimes a simple conversation can create big changes. Andy Wierda, my guest today, had that experience when he stopped to buy a beer at a convenience store. What the woman behind the counter said to him has made a huge difference in his real estate investing career ever since.

Andy is a local investor in Grand Rapids, Michigan and in our conversation today he shares many fun stories about owning and managing single family rentals, buying & flipping foreclosures, problematic tenants, evictions, and the hits & misses along the way.

Andy's also talks about being a hard money lender, how to prevent tenants from ruining your credit, single family rental inspections, affordable housing, and dealing with insurance companies when tragedy strikes.

I know you're going to enjoy today's conversation. Be sure to go to itunes to subscribe, rate & review!

EP043 How to Double and Triple your Rental Income with Vacation Rentals & Airbnb with Sue Hoyuela Nov 07, 2016

Technology and the Internet have created many new ways for real estate investors to increase their income. Some savvy owners are foregoing tenants all together and turning their rental properties into Vacation Rentals that allow them to double or triple their profits.

Sue Hoyuela is a nationally recognized expert on vacation rentals and will be sharing her secrets to doubling your rental income without tenants by converting your rentals into Airbnb cashcows.

I know you'll enjoy listening to Sue's techniques, and I also encourage you to come hear Sue speak live at Michigan's Largest FREE Real Estate Investor & Landlord Conference & Expo which is happening February 23-25, 2017 at the DeVos Place in Downtown Grand Rapids, Michigan.

Sue is also the author of "How To make Quick Cash From Your Couch: Insider Secrets From A Six-Figure Airbnb Host" which can be purchased on amazon.com.

EP042 What is the Perfect Investment? Create Enduring Wealth from The Historic Shift to Multifamily Housing with Paul Moore Oct 31, 2016

What is the Perfect Investment?

My guest today, Paul Moore has his view on that question, and he feels so strongly about it that he wrote a book called "The Perfect Investment - Create Enduring Wealth from the Historic Shift to Multifamily Housing".

Join Paul and me as we talk about Multifamily and Apartment Investing; the compelling demographics and trends, market selection, the barriers to entry, and the tax benefits that can create enduring wealth.

Paul has a lot of great stories to share and his warning to always 'look for the flies in the deal' is invaluable. I know you'll find a lot in this conversation that will help you become a more confident and successful real estate investor.

I also highly recommend his new book "The Perfect Investment - Create Enduring Wealth from the Historic Shift to Multifamily Housing" which is available on amazon.com and his website: http://www.wellingscapital.com/

You can also contact Paul through email: paul@wellingscapital.com

EP041 Buy & Hold Investing in Single-family and Multi-family, Buying into a Busted Condo Community, and Transitioning to a 3rd Party Professional Management Company with Bruce Vander Vennen Oct 24, 2016

A lot of our listeners in Grand Rapids might know Bruce Vander Vennen as the President of Jack's Lawn Service and Snowplowing. But what you may not know is that Bruce is also a successful rental property owner with 108 units in single-family, multi-family and condos in Kentwood, Grand Rapids, and Muskegon, Michigan.

Today on our show, Bruce shares how he began his portfolio, the problems he faced along the way, and the new market he started investing in six months ago.

Bruce also shares his story of a condo he picked up at tax auction that was not what he expected it to be, the Memorial Day Weekend he spent cleaning a sewage backup in the basement of one of his properties, and how that experience lead to his decision to hire professional 3rd party management.

There's a lot of great content in today's conversation. Please take a moment to go to itunes to 'subscribe, rate & review'!

You can contact Bruce through his website. If you're an RPOA member you can receive 20% off of your lawn care & snow plowing services.

https://www.jackslawn.com/

EP040 Turning Around a Distressed 52-Unit Apartment Community, The Path from providing Student Housing to Investing in Multifamily, Apartments and Assisted Living with Joe Pohlen Oct 17, 2016

My guest today is Joe Pohlen, a successful investor and entrepreneur who started buying single family student rentals while he was still in college.

Joe has grown his portfolio to include Multifamily and Apartments in Grand Rapids, Kalamazoo, Lansing and Battle Creek, Michigan, which he oversees through his management company; Ancora Management.

Joe will also be discussing his recent acquisition of several independent and assisted living facilities, and the extensive turnaround and receivership experience he gained during the great recession.

You'll also learn the steps Joe went through to turn around a distressed 52-unit apartment community in Lansing, how he raises money from investors, and his management philosophy which helps him find the best residents.

There's a lot of great information in today's episode. Please take the time to go to itunes to 'subscribe, rate & review'!

You can contact Joe & find out more at:

joe@ancoraproperties.com

http://ancoraproperties.com/

http://kalamazoo.apartments/

EP039 Building Real Wealth through Real Estate Investing, Choosing the Right Location, Timing the Market and Being in Denial about Market Bubbles with Kathy Fettke Oct 10, 2016

You may have seen or heard my guest on CNN, CNBC, NPR, Fox News, CBS Marketwatch and the Wall Street Journal. However, a 3 minute news blurb is not enough to learn all the knowledge and wisdom Kathy Fettke has to share. That's why I know you're going to get a lot of value out of our podcast conversation today.

Kathy Fettke is passionate about helping people create real wealth - which she defines as the freedom and money to live life on your own terms. She's the CEO and founder of "Real Wealth Network", which is a California based real estate investment group with over 16,000 members.

www.realwealthnetwork.com

Kathy also hosts two extremely popular podcasts - "The Real Wealth Show", and "Real Estate News for Investors with Kathy Fettke". She's also the author of the popular book "Retire Rich with Rentals" which is available on amazon.com.

During our conversation, Kathy and I discuss areas of opportunity around the country, as well as 'bubble areas' that Kathy is helping her investors move their money out of. Kathy shares how she and her husband overcame a major life obstacle to begin investing in real estate, and whether or not the market is heading for another downturn.

There's a lot of great information packed into the episode that will make you look at real estate investing in a new light. Enjoy!

EP038 Single-Family V.S. Multi-Family Investing, Speed bumps in Starting Your Portfolio, and Becoming a Best Selling Multi-Family Broker with Allison Koetsier Oct 03, 2016

Today I sit down to talk with the Top-Selling Multi-Family Broker in the Greater Grand Rapids area.

Allison Koetsier is an Associate Broker with Compass Realty Services. She's also a successful investor in Single-Family and Multi-Family Rental Properties.

Allison shares her stories about her first investment in a four-unit rental property, the challenges she faced in learning how to manage her growing portfolio, and the reasons why she became a broker.

Allison and I also discuss the advice she offers new clients who are starting or building their investment portfolio, the mistakes she's made along the way, and a recent investment she made using a 1031 Exchange.

I'm excited to share this conversation with you. If you like what you hear, please be sure to go to itunes and subscribe, rate & review!

You can find out more about Allison online at:

http://compass101.com/realtyservices/allison-koetsier/

EP037 Building and Improving your Real Estate Business Credit and Alternative ways to Fund your Growth with Ty Crandall Sep 26, 2016

Whether you're a Buy & Hold Investor, Wholesaler, Landlord, Property Manager or you do Fix & Flips, you most likely have some form of real estate business. Whether you realize it or not, your business has a credit footprint that can be used to your advantage, especially when it comes to obtaining alternate financing.

In today's conversation with Ty Crandall, we discuss Business Credit: What it is, how to build it, and what it mean to you specifically as a rental property owner & real estate investor. If you build your business credit the right way, you can access funds without using your personal information and social security number.

Ty Crandall is a leading expert on building business credit and is the CEO of Credit Suite, one of the biggest and most credible business coaching operations in the United States. He's also the author of two popular books: "Perfect Credit" and "Business Credit Decoded". Ty also hosts an excellent podcast called "The Business Credit and Finance Show".

You can contact Ty through his website:

creditsuite.com

And download a free report on "How to build credit for your EIN that is not linked to your SSN"

creditsuite.com/ein

EP036 Building a Full Service Property Management Company, Tips on Leasing and Managing, Mistakes landlords make and the importance of the RPOA in protecting landlords with Mark Troy Sep 19, 2016

Mark Troy is the owner and founder of Compass Property Services, a full-service property management company that also does remodeling and helps investors and home owners buy and sell properties.

Today we sit down to talk about Mark's early career as an investor and landlord, and the decisions that led him to start his own management company. Mark shares his tips on leasing, evictions, and managing your property, and discusses the mistakes that he's seen many landlords make.

We also talk about Mark's bigger goal to build massive wealth in order to give it away to important causes that he believes in.

Mark is also the President of the Rental Property Owner's Association, and we discuss the importance of the RPOA in protecting the rights of investors and landlords at the city, state and federal levels.

I know you're going to get a lot of great information from this interview. Enjoy!

You can contact Mark and Compass Property Services through their website:

http://compass101.com/

EP035 Learn from the Commercial Multi-Family and Apartment Brokers: How to be taken seriously as an investor, factors and expenses to consider, and an overview of the Michigan Real Estate Market with Craig Black and Scott Nurski from NAI Wisinski Sep 12, 2016

If you're an active investor in commercial multi-family and apartments, or you're interested in getting into this space, I know you're going to get a lot out of today's conversation.

I'm excited to sit down with Craig Black and Scott Nurski, who are both Multi-Family Investment Advisors with NAI Wisinski of West Michigan.

We have definitely packed a lot of great information into today's conversation: What you need to do to get brokers to take you seriously, the economy of scale with Multi-Family and Apartments compared to Single Family Investing, and factors & expenses to consider when you begin investing in larger units.

Craig and Scott also go into detail on the Michigan and West Michigan market, including where you might still be able to find deals.

You can also check out Scott Nurski's NAIWWM Mid-Year West Michigan Multifamily Market Forecast:

http://www.naiwwm.com/services/multi-family/blog

Craig and Scott are also quoted in the following Grand Rapids Business Journal Article:

http://www.grbj.com/articles/86069-apartment-construction-expands-in-downtown-gr

EP034 Infinite Returns through Multi Family Investing, Starting your own Management Company and Turning Around a 24 Unit with 42% Occupancy with Josh Sterling Sep 05, 2016

Last week I spoke with Josh Sterling about his Single Family Rental Investments and the plateaus he's overcome while building his portfolio from 1 to 160 units.

This week, in part two of our conversation, Josh and I discuss the 24 Unit Apartment Community he purchased on Land Contract that had a 42% occupancy rate and how he managed to turn that around. Josh shares how he improved the occupancy to near 100%, and cash-out refinanced all of the money he originally invested.

We discuss the "Infinite Return" he's created by no longer having any of his own money in the investment, while still cash-flowing $5,400 a month. This is the Holy Grail of real estate investing, and Josh is going to tell us how he did it.

We'll also talk about the 53-unit Josh purchased next, how he built his team at Epic Property Management, the systems and property management software he put in place to help build his portfolio, as well as new construction projects he's undertaken recently.

This episode is bursting with great information for novice & seasoned investors. Be ready to take lots of notes!

http://epicpropertymanagement.com/

EP033 Building a Buy and Hold Portfolio, Learning to Landlord, and Finding Your Real Estate Momentum with Josh Sterling Aug 29, 2016

Josh Sterling is a Buy & Hold Real Estate Investor from South-East Michigan. He began buying Single Families in 2009, and since then has grown his SFH, Multi-Family and Apartment portfolio from 1 to 160 units.

Today, in Part 1 of my interview with Josh, we discuss his trajectory from a novice investor and landlord making a lot of mistakes, to a seasoned professional who owns 160 units as well as his own management company called Epic Property Management.

http://epicpropertymanagement.com/

Josh is happy to share his experiences and stories about learning how to evict tenants, rehabbing properties, raising investor money and overcoming the plateaus on his path from 1 to 160 units. No matter what level of investor you are, you'll definitely find a lot of great wisdom in my conversation with Josh.

EP032 Tools of the Trade - CoStar, LoopNet and Apartments.com with Grant Webster from CoStar Group Aug 22, 2016

One of the tools that I use as an investor in multi-family and commercial apartment real estate is my subscription to CoStar. This is an online tool that allows me access to information about properties I would have a difficult time finding elsewhere. When it comes to researching off-market opportunities, CoStar gives me an edge that has been very helpful over the past five years.

Today I talk with Grant Webster, the client relationship manager for CoStar Group in the West Michigan region. CoStar Group also owns LoopNet and Apartments.com, and I've subscribed to those services as well. Grant and I discuss how these subscription services can help investors research investment properties, gather information that's not readily available, and market their existing units to a targeted market.

If you've ever thought about subscribing to these services, or wondered what benefits they might have for you as an investor, then this episode is one you'll want to hear.

EP031 Creating Wealth For Yourself - How to use a little known loan to purchase and rehab your first House Hack with Kevin Murphy Aug 15, 2016

I firmly believe that one of the best ways to get into real estate investing in order to create your own financial freedom is to purchase a multi-family property and live in one of the units. This is called House Hacking, and its a fantastic way to build wealth while reducing your expenses by having your tenants pay your mortgage.

Today I'm excited to take this concept to the next level with Kevin Murphy, who just completed his first House Hack. The exciting part is that he discovered a little known way to finance the purchase and rehab costs using a HUD 203K loan in which he put down less than $4,000 for the purchase and rehab.

Now Kevin's tenants are paying his mortgage and utility costs, he is living 'rent free', and pocketing several hundred dollars a month! Not bad for a recent college grad!

Today, Kevin walks us through the entire process: His search for the right property, how he learned about this loan, and the challenges he faced making it come together.

If you'd like to learn more about Kevin and his business, you can visit his website at:

www.KCorey.com

EP030 House Hacking - How to begin your Real Estate Investing Career and ensure Long Term Wealth with Courtney Sorrell Aug 08, 2016

Whether you're just beginning your Real Estate Investing Career, or you've been doing it for a while, I know you'll enjoy my interview today with Courtney Sorrell.

Courtney and her husband became Reluctant Landlords when they had to leave their new house in Portland, Oregon and move across the country to find jobs during the Great Recession. We'll discuss the lessons she learned during this period and how Courtney is investing in Real Estate to provide for her retirement.

Courtney & her husband are "House Hacking" their way to financial freedom, and we'll talk about their search for Multi-Family property, and how a duplex she recently purchased didn't turn out quite the way she planned.

Courtney also talks about the 'Millennial' generation and her outlook on retirement, investing and self-sufficiency.

EP029 Surprises When You Sell - Exit Planning, Tax Strategies and Leaving a Legacy with Mark Andresky Aug 01, 2016

Today's episode is going to expand your financial IQ in ways that will help you make more money from your real estate investing.

Many of us get so caught up in finding, buying and managing our properties, that we don't pay enough consideration to what happens next. Every investor needs to have their exit strategy in mind in order to maximize the money we get to keep when we sell.

Today's guest is Mark Andresky, and he is a Certified Exit Planner and Certified Business Intermediary with Performance Business Advisors, LLC. Mark also teaches the "Exit Strategies" course for the RPOA.

During our conversation Mark discusses how exit planning can work to avoid surprises when you sell, specifically when it comes to taxes on your profit. Mark & I also discuss depreciation recapture, which is something you definitely want to be prepared for when you sell. Other topics of discussion include leverage & risk, entity selection, tax-deferred savings plans, estate planning & leaving a legacy.

Enjoy & Learn!

EP028 Seller Financing, Land Contracts & Finding Off-Market Multi-Family Investments with Kim Post Jul 25, 2016

Today I talk with Kim Post from Post & Associates Appraisals and Next Door Properties, LLC. Kim shares stories from her 30 + years of investing in rental property.

We talk about her transition from being a full-time teacher to following her passion for construction, real estate & rental property. Kim prefers to buy her investment property using Land Contracts &/or Seller Financing, and explains how she's able to make that work.

We also discuss her recent Off-Market acquisition of 29 multi-units and the challenges she's faced in Rehabbing, Improving, and Managing a property with residents who would never have passed her screening criteria, including some with criminal backgrounds.

Enjoy & Learn!

EP027 Creating Your Lifestyle Through Rental Real Estate with David Kirchgessner - Investor, Realtor & Lead Singer of Popular Ska Punk Band Mustard Plug Jul 18, 2016

I know you're going to enjoy my interview today with David Kirchgessner. Dave is a successful investor and realtor, who also happens to be the lead singer of the popular ska punk band Mustard Plug. It's Mustard Plug's song "Mr. Smiley" that you hear at the beginning & end of every podcast episode.

Dave shares with us how he's been able to create and support his lifestyle through real estate investing, which he realized in his early 20's was the only way he'd be able to support himself while he pursued his music career.

Dave also talks about the investments in Single Family and Two Family homes he's made and shares details on purchasing, rehabbing and managing them. We also discuss a building development that Dave bought with some friends that didn't go as planned, and a new investment in Northern Michigan that he almost bought sight unseen.

Dave is also a realtor with Greenridge Realty, and will give us his perspective on the current market and the trends he's seeing as a real estate 'insider'.

You can contact Dave through his email at:

davidkirchgessner@gmail.com

EP026 Fix and Flip Success Strategies, Wholesaling and Learning from your mistakes with Brandon Krieg Jul 11, 2016

Two episodes ago Brandon Krieg from Honeybee Homes shared his tips and techniques on Wholesaling for huge profits. If you haven't heard that episode yet, I highly recommend you give it a listen.

This week Brandon has returned to discuss his Fix & Flip secrets to success. He'll talk about what type of property he looks for, how he runs his numbers, and share stories of deals that were highly profitable and a few that weren't.

We also talk about Brandon's involvement with the West Michigan REI, as well as the Rental Property Owner's Association.

You can contact Brandon through his website at:

http://thehoneybeehomes.com/

EP025 The Simple Way to Understand Cap Rates Jul 04, 2016

Instead of posting an interview on this Holiday Monday, I thought I'd take this opportunity to talk about a key financial ratio that you'll hear a lot from brokers and investors, but may not completely understand. I'm referring to the Capitalization Rate, or Cap Rate as its commonly called.

This won't be a technical discussion that will make your eyes glaze over. Instead I'll share with you my simple explanation that I teach in my advanced financial analysis course through the RPOA.

Happy 4th of July!

EP024 Wholesaling Success Stories and Strategies, Fix & Flips with Brandon Krieg Jun 27, 2016

Today I'm excited to sit down and talk with Brandon Krieg, an experienced wholesaler who also does fix & flips. Brandon is the owner of Honeybee Homes, and has a lot of great knowledge and experience to share with our audience.

If you've ever considered wholesaling as an investment strategy, or are looking for better techniques to ensure your success, then you won't want to miss Part One of this interview!

Many of our listeners will recognize Brandon as the co-founder of the West Michigan REI Club. You may have also listened to one of his interviews on other podcasts, including Bigger Pockets.

You can contact Brandon through his website at:

http://thehoneybeehomes.com/

EP023 Building Lifetime Cash Flow Through Real Estate Investing, Why Multi Family and Apartment Investing is preferable to Single Families with Rod Khleif Jun 20, 2016

Today I'm thrilled to be talking with Rod Khleif, the host of the "Lifetime Cash Flow through Real Estate" Podcast.

As one of America's top real estate professionals, Rod has personally owned more than 2,000 single family homes and multiple apartment communities.

Rod shares his rags-to-riches-to-rags-to-riches story, from his humble beginnings as a young, impoverished Dutch immigrant to incredible success. Rod also discusses his remarkable triumphs, and spectacular failures, which he affectionately calls 'seminars'.

We'll talk about the 800 Single Family Home Portfolio he lost in 2008, and how he's now rebuilding his fortunes through multi-family investing. Rod also tells us why he prefers multi-family to single-family and how multi-family can help protect you during the next economic downturn.

As a bonus, you can listen to this week's episode of Rod's podcast "Lifetime Cash Flow through Real Estate" to hear Rod interview me, Brian Hamrick, about my career in Real Estate Investing.

Be sure to check out both podcast episodes - they're required listening to podcast fans & real estate investors!

And find out more about Rod Khleif at his website: http://lifetimecashflowpodcast.com/

EP022 Buying with the Right Fundamentals & Property and Asset Management with Tina & Wes Emert Jun 13, 2016

If you are a new investor who is looking to buy rental property, or you're a current owner looking for ways to improve your methods, I believe you'll get a lot out of my conversation today with Tina & Wes Emert from City Wide Real Estate Services.

Tina & Wes offer services ranging from Real Estate Brokerage, Rehabbing, Property Management and Asset Management. They take a 'Success-Based' Approach rather than a 'Property-Based' approach, and we'll discuss exactly what that means during our wide-ranging discussion that contains a lot of valuable tips for every level of Rental Property Owner & Real Estate Investor.

Find out more:

https://citywide.managebuilding.com/Resident/public/custom/22

EP021 Investing in Self Storage Facilities and Buying Properties with No Money Down with Michael Laragy Jun 06, 2016

If you've ever wondered about investing in Self Storage Facilities, then this is an episode you don't want to miss. Michael Laragy built a rental property portfolio over 30 years, and then decided to sell it off in order to invest in Self Storage. Today Michael will walk us through his journey: why he decided self storage was the way to go, how he found his facility, and what he's done to make it successful.

We'll also talk about the rental properties he used to own, and how he was able to purchase many of them for 'Nothing Down', using techniques he learned from Real Estate Guru Robert Allen.

No matter what type of real estate investing you're interested in, our conversation contains decades of wisdom and experience from someone who's managed to invest successfully, transition from a full-time job to full-time investor/business owner, and has a ton of knowledge to share.

EP020 Self Directed IRA's, Tale of two 4-Units, Be Aware of 'Alligators' that eat all your Cash Flow with Steve Whitteberry May 30, 2016

The Good, The Bad, and The Ugly: Last week successful investor Steve Whitteberry shared his stories of 'The Bad & The Ugly' with us. Today we get to discuss 'The Good'.

Steve will discuss his use of Self Directed IRA's and how they're helping him prepare for retirement. We'll also discuss 'Alligators' and how they can eat up all your Cash Flow.

And we'll also compare our experiences purchasing two separate 4-units, both of which were bought for a great price at the bottom of the market, but had two very different outcomes for each of us.

EP019 Avoiding Bad Investments with Bad People, No Money Down, Value of Land, Helping People in Foreclosure with Steve Whitteberry May 23, 2016

The Good, The Bad, and The Ugly: Sometimes we come across deals that are too good to be true but we suspend our better judgement because the person selling those deals is so persuasive and says all the right things.

Steve Whitteberry is our guest today. Steve is a successful real estate investor who will share his stories of making investments and working with certain investors that he later came to regret. Steve will share the valuable lessons he learned from these experiences that will hopefully prevent you from making the same mistakes.

In part one of our interview we will also discuss Robert Allen's 'No Money Down', the value of land, and helping people who are going through the foreclosure process.

EP018 Overcoming Setbacks, What happens when a deal falls through, Private Money and Finding the Funds to do your deals with Keith Littlepage May 16, 2016

Many experienced investors can share this story: the one about the deal they chased for months or years, spent countless hours and phone calls and emails and money on, invested all their energy and emotion into, and no matter how hard they tried, it just wouldn't close, it couldn't close, and eventually they had to admit defeat and walk away.

Dealing with these types of setbacks can be devastating. But learning to overcome them can be life changing.

Today we discuss what happens when 'failure is not an option' turns into 'failure is inevitable' with Keith Littlepage, a successful investor and business owner who is brave enough to share his story of the Florida land deal that almost broke him and the aftermath that no one could have expected.

Keith will also discuss his use of private money, and an unlikely funding source he's discovered that has been a 'game changer' for him.

To Contact Keith go to blueskiesfunding.com

EP017 Finding and Negotiating Off-Market Deals, Multi-Units and Firing your Management Company with Ken Jenkins May 09, 2016

Last week Ken Jenkins shared with us how he used direct marketing to find, negotiate and purchase an 8-unit multi-family and duplex in Plymouth, Michigan.

Today Ken & I discuss the 20-unit multi-family he was able to acquire in Belleville, Michigan when he discovered it through a Craigslist add.

Ken will take us through his negotiations with the seller who insisted on an all-cash purchase, and what happened when he was faced with multiple vacancies and had to fire his management company.

Once again Ken takes the time to share his methods, numbers, and every gritty detail - including stories of death, drugs and doing whatever it takes to be successful!

EP016 Finding and Negotiating Off-Market Real Estate Deals, Direct Marketing for Multi-Units & Apartments with Ken Jenkins May 02, 2016

Discovering Off-Market Real Estate opportunities that cash flow and offer great upside potential is like finding the Holy Grail for Real Estate Investors. Today I talk with someone who's managed to do this twice since he began three years ago.

Ken Jenkins is an investor from the Plymouth/Canton area just outside of Detroit, Michigan, and he has had great success in finding multi-unit properties through direct marketing, negotiating for the best deal possible, and creating value by improving the property and raising rents.

We will discuss how he began as an investor, then he will take us step-by-step through his process of finding, negotiating and asset managing an 8-unit and duplex in Plymouth, Michigan. Be ready to take notes, because Ken will be delivering you a master class in Real Estate Investing!

EP015 Heating & Cooling Systems, Energy saving tips to make you more money with Harvey Hansen from Indoor Climate Solutions Apr 25, 2016

Interview with Harvey Hansen from Indoor Climate Solutions. Every residential rental property has a system for keeping your residents warm in the colder months, and if they're lucky, cold in the warmer months. Depending on the age and condition of these systems, you or your resident could be spending a lot more on utilities than is necessary. In order to save and make more money, its important to understand how these systems work and how they can be more efficient. Today we talk about the different types of equipment that are used to heat and cool your property with Harvey Hansen from Indoor Climate Solutions, a Grand Rapids based company since 2006.

We'll be discussing forced-air systems, hot water heat and air conditioning choices as well as energy saving tips and techniques that will save you money and help you avoid possible disaster.

EP014 Know your 'Why', Buy & Hold and investing in your own backyard with Angela Hovermale Apr 18, 2016

Interview with Angela Hovermale from Banner Drywall

To be successful as a real estate investor it helps to know and understand your 'why'. Why be an investor in the first place? Is it just to make money, or is there a deeper reason? Today I sit down to talk with local investor and business owner Angela Hovermale about her 'why's', and how they've led her and her husband to invest in her own backyard and improve the neighborhood and community they live and invest in.

EP013 Rehab, Buy & Hold, Flipping and Private Money with Patrick Spitzley Apr 11, 2016

Patrick Spitzley Interview:

We've all seen those shows on HGTV where investors buy a house out of foreclosure or auction, fix it up, flip it, and make a killing. It all looks so sexy glamorous and fun. But is it really like that in real life?

Today I talk with someone who does rehabs & flips for real. Patrick Spitzley is the owner of the Spitzley group. He buys the worst of the worst and goes in with his crew to 'bulletproof' the home by completely rehabbing it top to bottom. We're going to talk about his philosophy on flipping, rehabbing, building spec homes, private money, and his recent trip to Nigeria and what he learned there that will help him in his investing going forward.

EP012 Legal Strategies on Buying Foreclosures, Evictions, Leases, LLCs, Asset Protection and Estate Planning with David Hill Apr 04, 2016

EP012 with David Hill, Attorney at Kreis Enderle: For every rental property owner and investor there comes a time when expert legal advice is necessary. Whether you're putting together a contract or purchase agreement, forming an LLC, or dealing with a slip and fall at one of your rentals, having an attorney on your team is essential to protecting your interests and investments. Today I sit down to talk with David Hill, one of the RPOA's team members and real estate attorney for Kreis Enderle in Grand Rapids, MI. We'll discuss a wide range of topics, such as strategies and pitfalls of buying foreclosure properties, evicting your tenants legally, making sure your lease agreement is airtight, setting up a proper legal entity to hold your investment property, asset protection and estate planning. Everyone's situation is different, so the opinions you hear in this podcast may, or may not apply to you. In this conversation David will share enough general information so that you can have a much more informed conversation with your attorney on your team.

EP011 Choosing the Best Insurance Policy and Agent for your Rental Property with Mike Murphy Mar 28, 2016

If you own, or are about to invest in rental property, then you need to have a good insurance agent on your team. Today I sit down to talk with Mike Murphy from J.B. Harrison Insurance Agency (http://www.jbhins.com/)

During our conversation we talk about the different types of insurance and coverage, what investors need to consider for their insurance policies, common mistakes investors make in choosing insurance, and how to find the best agent for your team.

No two insurance policies are the same, and this episode will help you make sure you have the right coverage at the best price.

EP010 Building a Portfolio during the Recession, Housing Codes, Rental Inspections and Property Maintenance with James Loftus Mar 21, 2016

James Loftus is a buy & hold investor who has been around long enough to have experienced the ups and downs of real estate investing. he not only weathered the great recession, he came out stronger and wiser because of it.

Today we sit down to talk about James' investing and property management techniques, his recent decision to switch some of his properties over to a professional management company, and the course he teaches for the RPOA on housing codes, rental inspections and property maintenance.

EP009 Buy & Hold Investing, Managing your own Property, and Starting Your Portfolio with Rob Minch Mar 14, 2016

Whether you're a new investor who is wondering how to start your buy and hold portfolio, or a seasoned pro looking for tips on how to manage your property and get higher rents, you're going to enjoy my interview with Rob Minch.

Today Rob will share his journey with us from owning his own mortgage company to becoming a full-time buy & hold rental property owner. Rob will tell us how he built his portfolio, share his story about the flip that went wrong, and disclose techniques he uses to find the best tenants and get the highest rents possible.

(tags: Buy and Hold, Flipping, Rehabbing, Property Management, Getting high rents)

EP008 Historic Districts and the Pros & Cons of investing in them with Suzanne Schulz Mar 07, 2016

Historic Districts seem to be a hot button issue lately across the country. There are several states where legislation is being proposed that would effectively weaken or eliminate historic districts. Michigan is one of those states.

Investors will often find that owning rental property in a historic district can be a more expensive proposition, and getting approval for changes to the exterior of their property can be a time-consuming process as well.

But do the benefits outweigh the costs of owning property in a a historic district?

Today I talk with Suzanne Schulz, the Planning Director for the city of Grand Rapids, to discuss this question. We'll also learn more about historic districts, their purpose, and the proposed legislation in Michigan that could end them all together.

(tags: Historic District Modernization Act, Michigan, Property Rights, Rental Property)

EP007 Commercial Real Estate, Private Money, Buy & Hold, Flipping with Kathy Denison Adrianse Feb 29, 2016

Kathy Dennison Adrianse Interview: Kathy is the owner & broker of Lighthouse Property Management, a West Michigan startup company that has been in business for thirteen years.

Kathy has a passion for buying and selling real estate, and lately that passion has led her to a new market in West Michigan.

Today we will reveal that market and discuss the types of rental properties Kathy owns, her use of private money, and her philosophy on finding and maintaining success in real estate investing.

(tags: Apartment Investing, Commercial Office, Multi Family, Buy & Hold, Grand Rapids, Muskegan, Lansing, Michigan)

EP006 How the Rental Property Owners Association can benefit you, with Clay Powell Feb 24, 2016

Clay Powell Interview: If you've been listening to this podcast then you know that there is a lot of experience and expertise in the RPOA community. What you may not know though, is what the RPOA is all about and how it can benefit you.

The Rental Property Owners Association does provide education, networking, tools, services and a great value for rental property owners and real estate investors. Today I sit down with Clay Powell to discuss how the RPOA can help you become a more confident and successful owner and investor.

EP005 APOD and financial analysis with Russ VandenToorn Feb 23, 2016

Russ VandenToorn Interview: Russ is the owner of United Properties of West Michigan, a full service property management company in the Grand Rapids area. Russ teaches the course on APODs (Annual Property Operating Data) in which he helps potential investors learn to run their numbers, understand the true costs of investing in rental property, and ultimately negotiate a better price and deal on their real estate investment.

EP004 Buying & Selling Rental Property, Appealing your Tax Assessment with Tom Koetsier Feb 22, 2016

Tom Koetsier Interview: Tom is an award winning broker with Compass Realty Services and teaches two popular courses for the RPOA: Buying and Selling Rental Property and Successfully Appealing Your Property Tax Assessment.

Tom also sits on the Grand Rapids Planning Commission and is a successful real estate investor as well.

EP003 Rehabbing, Flipping, Buy & Hold, Lease Option Strategies with Justin Workman Feb 14, 2016

Justin Workman Interview: On the surface Justin Workman seems to be a rehabber, flipper, and buy & hold investor. But in reality he’s employing some very creative investing strategies that have allowed him to transition from a job to full-time real estate investor/owner.

Five years ago Justin and his wife lost everything in a devastating fire. Today you’ll find out how he was able to bounce back stronger and smarter than ever.

EP002 Property Management, Marketing & Screening for Good Tenants with Emma Persons Feb 14, 2016

Emma Persons Interview: Today I sit down to talk with Emma Persons. Emma is a property manager with Qwest Property Management in Grand Rapids, Michigan. Emma is an expert in marketing and screening for good tenants, and managing your risk as a rental property owner.

Emma will share many of her tips for working with tenants, as well as incredible stories of her experiences managing some unbelievably difficult properties.

EP001 About Your Host, Brian Hamrick Feb 11, 2016

To inaugurate this podcast, I thought I'd take a few minutes to share the types of investing I do, and the strategies I employ. I'll also talk about my transition from a career of 20 years in an entirely different field to becoming a full-time real estate investor and syndicator.

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