W2 Capitalist | For BRRRR-ing, Married, Busy Parents

Are Borrowers and Wholesalers Colluding? A Look Behind Assignment Fees Nov 01, 2024

Have you ever wondered if borrowers and wholesalers team up to inflate assignment fees? In this episode, we dive deep into this critical question and explore the implications for real estate investors. While most of our lending at W2 Cap Capital is to trusted members of the W2 Capitalist Community, the reality is that this unethical practice can happen, and it’s something we need to be vigilant about.

We discuss why some borrowers and wholesalers may collude to raise fees, the potential risks involved, and how inflated assignment fees can impact your bottom line. Learn how we, as lenders, protect against these practices by scrutinizing every detail of a deal to ensure fairness and transparency.

By the end of this episode, you’ll have a clearer understanding of the assignment fee landscape and how to safeguard your investments from hidden risks. Don’t miss out on this essential discussion that could save you from costly mistakes in your real estate journey.

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Conquering the Spookiness of the BRRRR Process: Your Ultimate Investment Strategy Oct 31, 2024

Feeling scared of the BRRRR process? You’re not alone! As Halloween brings out all things spooky, it's the perfect time to tackle the fears many investors have about the BRRRR strategy—buying, rehabbing, renting, refinancing, and repeating.

In this episode, I share my journey from being intimidated by the BRRRR process to discovering its power as an investment strategy. With the right knowledge and a solid support team, what seems overwhelming can become manageable. Learn how to break down each step of the BRRRR process, dispel common fears, and make informed decisions that can lead to portfolio growth and financial freedom.

Don’t let the fear of the unknown hold you back! This Halloween, embrace the BRRRR method and discover why it might just be your best investment strategy yet. Tune in to gain insights, tips, and confidence to conquer your real estate investing journey.

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Realtors Are 100% The Real Reason Why Properties Don't Sell Oct 30, 2024

When a property lingers on the market without selling, who’s truly to blame? While many might point to market conditions or buyer preferences, I argue that realtors bear 100% of the responsibility. In this episode, we dive into the crucial role realtors play in the selling process and why their actions—or lack thereof—can make or break a sale.

Join me as we explore three key factors that determine a property's success: effective marketing, strategic pricing, and dedicated effort. Learn why modern marketing techniques, accurate pricing strategies, and consistent communication are essential for attracting buyers and closing deals.

If you're a seller or a realtor, this episode will help you understand the importance of choosing the right representation and holding them accountable for their role in the selling process. Discover how to ensure your property gets the attention it deserves, even in a challenging market.

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Finding Joy in the Halloween Hustle: A Parent’s Perspective Oct 29, 2024

Are you not a fan of Halloween but find yourself swept up in the excitement for your kids? In this episode, I share my personal struggle with the holiday—the decorations, costumes, and candy—and how, despite my reservations, I’ve come to appreciate the joy it brings my children.

Join me as I reflect on the memories we create together, from pumpkin carving to hosting Halloween parties. While the effort can be exhausting, I’ve learned that it’s not about the holiday itself; it’s about the experiences we share and the smiles on their faces. Discover how embracing the chaos of Halloween can lead to unforgettable moments and why it’s essential to find joy in what matters most: creating lasting memories with our kids. Tune in and let’s celebrate the spirit of family, even during the most haunted time of year.

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Reclaiming Energy: 4 Hacks I Recently Implemented to Gain More Energy & Focus Oct 28, 2024

Are you feeling worn out from the demands of work, parenting, side hustle investing, and trying to be the apple of your spouse’s eye? You’re not alone! In this episode, I share my personal journey through the chaos of fall, balancing homeschooling and sports for all three kids, and the exhaustion that comes with it.

Join me as I reveal four impactful strategies I implemented to boost my energy and focus. From the benefits of B-Complex vitamins and ashwagandha to incorporating stretching during Zoom calls, increasing my protein intake, and taking magnesium at bedtime, these simple changes have made a world of difference.

Discover how these small yet powerful adjustments can help you reclaim your vitality amidst the hustle and bustle of family life. Let’s navigate this parenting journey together and find practical solutions for staying energized and focused.

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10 Years of BRRRR Investing: 10 Lessons Learned for Busy Parent-Investors Oct 25, 2024

Join me as we celebrate a decade of active investing in real estate! In this special episode, I’ll share the 10 essential lessons that have not only helped me grow my rental portfolio but also saved my sanity and created more freedom for my family. From understanding the value of time to the importance of consistent action, these insights are designed specifically for busy parents juggling work and family life.

Discover how to adapt to market changes, the significance of cash flow, and the necessity of knowing your numbers. Whether you're just starting out or looking to refine your strategies, these lessons are crucial for anyone in the investment game. Tune in and learn how to navigate your real estate journey with confidence, resilience, and purpose. Here’s to the next 10 years of growth and success

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Here's Why I Don't Use Postcards for Off-Market BRRRR Campaigns Oct 24, 2024

Ever sent out 2,000 postcards, only to be met with absolute silence? Join me as I share the story of one of my biggest marketing flops and the valuable lessons learned from it. After crafting what I thought was a compelling postcard to attract off-market deals, I was met with crickets—not a single response, not even a "leave me alone." This gut-wrenching experience taught me that effort doesn’t always equal results, and not every marketing method suits every investor. Tune in as I discuss the importance of finding strategies that align with your unique style, and discover how to turn setbacks into stepping stones for success in your real estate journey. If you've ever felt frustrated by lackluster marketing results, this episode is for you.

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Is The Evolution of Grocery Shopping Reshaping Rental Property Values? Oct 23, 2024

From the first self-service grocery store, Piggly Wiggly, in 1916 to the rise of grocery pickup and delivery services in 2024, the way we shop for groceries has transformed dramatically. Join me as we explore how this shift has not only changed consumer behavior but is also reshaping the landscape of commercial real estate. With the pandemic accelerating the trend toward convenience, grocery pickup has become the norm, prompting stores to reduce in-store shopping space and expand areas for online order fulfillment. Discover the implications for landlords and investors as we discuss emerging opportunities for smaller-format grocery stores and micro-fulfillment centers in urban neighborhoods. As the traditional grocery model evolves, what new avenues will open for those looking to invest in this changing market?

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The Unexpected Joy of DIY with Kids Oct 22, 2024

Ever had a project you just wanted to finish without distractions? Join me as I recount my Sunday adventure installing exterior lighting, a task that had been on my to-do list for years. Just as I was about to dive into the work, my kids discovered the holes I drilled into our brick exterior, transforming a routine chore into a delightful family experience. What started as a simple installation turned into an afternoon filled with laughter, creativity, and unforgettable memories as my daughters joined in on the fun. Tune in to hear how I learned to appreciate the journey, embrace the unexpected moments, and discover the joy of involving my kids in home projects. Sometimes, the best memories are made when we least expect them!

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Ignore School System Ranking to Find Better Investment Opportunities Oct 21, 2024

I believe you are limiting your real estate investment potential by including school system rankings in your search criteria. In this episode, we explore how ignoring traditional school quality metrics can open doors to better investment opportunities. As more families choose homeschooling for safety and flexibility, the demand for homes near top-rated schools is shifting.

Join me as we dive into the historical context of public education in America, the rise of homeschooling, and how these trends are transforming real estate markets. I’ll share insights on why you should broaden your investment criteria beyond school rankings and consider factors like community safety and emerging neighborhoods. Discover how this shift can help you uncover hidden gems in the market and maximize your BRRRR strategy. Are you ready to adapt and thrive in this changing landscape? Tune in for valuable insights that could reshape your investment approach

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10 Costly List-Building Mistakes Keeping You from Your Next Deal Oct 18, 2024

Are your marketing efforts draining your budget and failing to deliver results? You're not alone. Many investors waste time and money on poor list-building strategies, from targeting the wrong sellers to using outdated data and generic mailers. These mistakes can lead to low-quality leads and missed opportunities, especially for busy parents juggling real estate investing as a side hustle.

In this episode, we break down the top 10 list-building mistakes and why they don’t work—particularly for those using the BRRRR method. Discover how to refine your targeting, improve your mailers, and create a system that brings in motivated sellers ready to make a deal. Let’s turn these pitfalls into opportunities for growth and start closing more deals!

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Overcoming the Mental Roadblocks: How Busy Parents Can Unlock Their Rental Portfolio Potential Oct 17, 2024

Feeling overwhelmed by the demands of parenting and the challenges of real estate investing? You're not alone! In this episode, we explore the common roadblocks busy parents face—like not having enough time or money—and how these obstacles are often less daunting than they appear. After engaging in 90 conversations with parents just like you, we uncovered surprising insights about what truly holds people back from growing their rental portfolios.

Join us as we discuss how many of these challenges stem from self-imposed stories and fears. We'll break down key findings, including:

Time Constraints: 95% of participants felt they had the time to find off-market deals but were held back by feelings of dread or past failures.
Financing Fears: 72% of parents didn't have the full 20% down payment, yet many were unaware of the benefits of hard money lending as an alternative.
Negotiation Anxiety: 80% had never negotiated directly with sellers, leaving them nervous about making mistakes.

Discover actionable strategies to tackle these hurdles and unlock your potential for success in real estate. Whether it’s through outsourcing tasks you dread, exploring creative financing options, or developing negotiation skills, you can overcome these barriers. Tune in and empower yourself to take the next step toward growing your rental portfolio.

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The Secret to Finding Cash-Flowing Rentals is Just Outside the City Oct 16, 2024

Struggling to secure cash-flowing rentals in a competitive market? You’re not alone. As prices rise in the big city, many investors feel stuck, fighting over properties that no longer offer the returns they need. But what if the key to unlocking better deals lies just beyond the city limits?

In this episode, we’ll explore the ripple effect that’s driving tenants to more affordable areas 20-30 miles outside major cities, creating untapped rental opportunities in the suburbs and smaller towns. Lower purchase prices, less competition, and higher cash flow could be waiting for you—if you’re willing to expand your search radius.

Tired of getting outbid? It’s time to adapt and start looking where demand is growing, not where it used to be. Your next cash-flowing rental might be in the very place you haven’t thought to look yet.

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How Far Have You Come? Reflecting on Your First Investment Property Oct 15, 2024

Ever wonder how far you've come since buying your very first investment property? Let’s take a trip down memory lane and reflect on those early deals—whether they were big wins, lessons learned, or somewhere in between. Last week in the W2 Capitalist Community, we had a blast sharing our very first investment properties, diving into the numbers, and laughing at our early decisions.

In this episode, I’ll share my own first deal, including how I bought a property for $216k, poured in $40k of renovations, and sold it for $248k... only to see its Zestimate hit $454,300 today! Whether your first investment was a home run or a hard-learned lesson, it’s time to see how far you’ve come.

Grab the details of your first deal and join us as we reflect on our journey, celebrate our progress, and maybe even have a few laughs along the way. Ready to share your first investment property story? Let’s take a walk down memory lane and see how far we've grown as investors!

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Stop Using Outdated Tactics: Why Your Rental Portfolio Isn't Growing and How to Fix It Oct 14, 2024

Trying to grow your rental portfolio using old methods is like pouring water into a wicker basket—frustrating and pointless. Years ago, you could find cash-flowing properties on the MLS or through wholesalers, but today’s market has shifted, and those tactics no longer work. If you're a busy parent trying to expand your investments, it's time to stop wasting your time and energy on strategies that don't deliver results.

In this episode, we’ll dive into why the old tactics you’ve relied on aren’t working anymore, how the market has evolved, and what you can do instead. You’ll learn how to find off-market deals directly from motivated sellers, using a system designed to fit today’s market conditions and your busy schedule.

Ready to stop the leaks and start seeing real growth in your rental portfolio? Listen in and find out how to ditch those outdated methods and start filling up your portfolio with profitable deals.

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Book a Consulting Call with my CFP Mark Willis

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How to Find Quality BRRRR Leads Without Sacrificing Family Time Oct 11, 2024

As a busy parent with 1-3 rentals, finding quality leads for your next BRRRR deal can feel overwhelming. Between family life, work, and managing your properties, the thought of sifting through endless lists for potential leads seems impossible. In this episode, Jay shares why the leads you’re chasing aren’t working and how to fix it with a proven system that targets the right sellers at the right time. Learn how Wojtek, a community member, landed a duplex deal without wasting time, thanks to a focused mailer strategy. Discover how you can simplify your lead generation, save time, and grow your rental portfolio, all while keeping your sanity intact.

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Mastering the BRRRR Method: Avoiding Costly Mistakes When Starting Your Rental Portfolio Oct 10, 2024

In this episode of the W2 Capitalist Podcast, Jay shares the lessons he learned the hard way when first starting out with the BRRRR method. From overpaying for properties to underestimating renovation costs and struggling to find the right lenders, Jay walks through the common mistakes that many new investors make. He talks about the frustration of balancing work, family, and real estate, while trying to avoid getting stuck with a property that won’t refinance. Jay also discusses how to overcome these obstacles, optimize the BRRRR process, and grow your rental portfolio without adding more stress to your life. Tune in to hear how you can avoid these pitfalls and confidently expand your portfolio one deal at a time.

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Top 5 Causes of Property Fires and Preventive Measures Oct 09, 2024

In this episode of the W2 Capitalist Podcast, Jay discusses one of the most unpopular policies they have at their rental properties—no grills allowed. While it may seem surprising, Jay explains the serious fire risks associated with grills and why this rule is crucial for protecting both residents and the property. Learn about the top 5 causes of house fires in rental properties, from cooking mishaps to electrical issues, and get valuable prevention tips to keep your investment safe. Whether you're using the BRRRR method or simply managing a rental portfolio, fire prevention should be a top priority. Tune in to discover actionable steps to minimize fire hazards and ensure the safety of your properties.

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Lessons I Wish I Knew When I Had Only Two Rentals Oct 08, 2024

Wish you could fast-track your success with the BRRRR method? Learn the lessons I wish I knew when I had only two rental properties—lessons about building a team, focusing on cash flow, and scaling sustainably. Don't make the same mistakes I did—tune in and level up your BRRRR investing game!

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How the BRRRR Method Can Save You $30,000 on Your Next Rental Property Oct 07, 2024

What if I told you that you could save $30,000 on your next rental property purchase? In this episode, I walk you through exactly how the BRRRR method helps you do just that—by cutting down on commissions, retail prices, and high down payments. The math doesn’t lie, and by the end of this episode, you’ll see how our BRRRRs for Busy Parents program not only saves you money but sets you up for long-term success!

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Finding Time for Real Estate: How to Prioritize For Your BRRRR Strategy Oct 04, 2024

In this episode of the W2 Capitalist Podcast, Jay addresses a common struggle for busy parents in real estate: time management. After a revealing conversation with a friend frustrated by his lack of time to pursue off-market properties, Jay uncovers a surprising culprit—over 25 hours spent on social media in just one week! Join Jay as he shares practical strategies for reclaiming your time, prioritizing your real estate goals, and making the most of your busy life. Discover how the BRRRRs for Busy Parents program can help you outsource the heavy lifting, so you can focus on what truly matters: closing deals and spending quality time with your family.

Feeling overwhelmed by the demands of family life while trying to grow your real estate portfolio? In today's episode, I reveal how a friend's 25 hours per week on social media sparked a conversation about time management. Let’s explore how you can reclaim those hours to focus on your next BRRRR deal and find the perfect balance between your family and your investing goals.

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The Day Dad Ran Over a Pigeon: Creating Unexpected Memories Oct 03, 2024

Ever had a parenting moment that left you cringing, only to find it’s become a cherished memory? In today’s episode, I share the unforgettable tale of the time I hit a pigeon at the beach—and how that moment has turned into a family story my kids will never forget.

In this heartwarming episode of the W2 Capitalist Podcast, Jay shares a memorable—and humorous—story from his parenting journey. As he reflects on a day at the beach that took an unexpected turn when he accidentally hit a pigeon, he reveals how even the most unplanned moments can become core memories for our children.

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Quality Over Quantity: Rethinking Leads in the BRRRR Method Oct 02, 2024

Ever wondered if getting 100 leads is better than just 5 solid ones? In today’s episode, we dig into why chasing numbers can leave you frustrated and stuck, and how our BRRRRs for Busy Parents program focuses on delivering the quality leads that matter.

In this episode of the W2 Capitalist Podcast, we tackle one of the most frequently asked questions about our BRRRRs for Busy Parents program: “How many leads do you guarantee?” While it’s natural to seek reassurance in numbers, we explore why this question is fundamentally flawed. Join Jay as he uncovers the importance of prioritizing quality over quantity when it comes to leads in real estate. Learn how focusing on the right leads can streamline your acquisition process, save time, and ultimately help you close on your next BRRRR deal. Say goodbye to sifting through hundreds of irrelevant leads and hello to targeted opportunities that align with your investment strategy.

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Calling in Healthy: Why We Need “Healthy Days” in the Workplace Oct 01, 2024

Have you ever thought about the importance of taking a day off just to focus on yourself? What if your job actually allowed you to call in healthy?

What if calling in healthy was as accepted as calling in sick? In this episode, we dive into the concept of "healthy days"—the need for breaks that prioritize our mental and physical well-being. While traditional jobs offer sick days, the idea of taking time off simply to recharge often feels taboo. I share my thoughts on how real estate investing has granted me the flexibility to take those days, allowing me to spend quality time with my family and focus on what truly matters. Join me as we explore the importance of prioritizing health in our busy lives and why employers should consider offering healthy days for all.

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It's Time That We All Time The Market Sep 30, 2024

As landlords, we’re caught in a tug-of-war. We want property values to rise for better net worth, but as investors still in acquisition mode, we’re hoping for prices to dip so we can find cash-flowing deals despite high interest rates. So which is it? In this episode, I break down the dilemma landlords face with rising property values, market stability, and the impact of the Fed’s rate cuts. I also explore how the BRRRR strategy could be the answer to eating your cake and having it too. Tune in and join the conversation—are you team rising values or team price dip?

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Unlocking Off-Market Deals: How I Found an 18 Unit $1M+ Portfolio with Minimal Effort Sep 27, 2024

Ever wonder how to score big off-market deals without spending endless hours searching and sending out mailers? This week, I had the chance to underwrite a $1 million+ portfolio of multifamily, single-family, and commercial properties. The best part? The deal came straight to me, thanks to a simple, efficient system that attracts the right sellers. In this episode, I’ll share how this system works, why it’s effective, and how you can use it to streamline your deal-finding process.

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My 2 Favorite Ways to Find Reliable Handymen, Subs, & Trades: Build That Depth Chart Sep 26, 2024

Finding dependable handymen and contractors can be one of the biggest challenges when managing rental properties. If you’ve ever struggled to get quality work done on time, this episode is for you. I’ll share my two favorite methods for discovering trustworthy tradespeople—leveraging local community Facebook groups and making a simple call to Ace Hardware. Learn what to post, what to ask, and how to quickly build a “depth chart” of reliable workers. With these strategies, you’ll never be stuck waiting for a contractor to show up again.

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Fed Rate Cuts and Mortgage Rates: Why They’re Not Linked Like You Think Sep 25, 2024

Think the Fed’s rate cut means your mortgage rate will drop? Not so fast. While many real estate "gurus" celebrated last week’s rate cut announcement, the reality is different. Most lenders had already anticipated the cut, meaning there’s little change in mortgage rates now. In this episode, I’ll break down how the Federal Reserve's decisions truly affect mortgage rates, why banks don’t just follow the Fed's lead, and what you should be paying attention to instead. Plus, I’ll share a personal story about how lenders prepare for rate changes well before announcements hit the headlines.

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105 Days, 8 States, and 4,700 Miles: How Real Estate Gave Us the Freedom to Explore Sep 24, 2024

This summer, my family and I embarked on a 105-day adventure through 8 states, covering 4,740 miles and creating memories that will last a lifetime. It wasn’t just a vacation—it was a reminder of why I chose real estate investing. In this episode, I share how owning rental properties has given my family the freedom to travel for months without worrying about our income. We’ll talk about the time and location freedom that real estate provides, and how it can help you live the life you’ve always wanted. Ready to take control of your time and start your own adventure?

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Is Today’s Market Crazy? Or Closer to Normal Than You Think? Sep 23, 2024

Think the current real estate market is unpredictable and chaotic? What if it’s actually closer to a balanced, “normal” market than you realize? In this episode, we break down key stats like days on market, interest rates, and supply and demand to show you why now could be the perfect time to jump into your next BRRRR deal. We’ll help you make sense of the data, debunk the “crazy market” myth, and guide you through finding your next investment opportunity—right when the timing is just right.

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Stop Wasting Time: How Busy Parents Can Finally Find Their Next BRRRR Deal Sep 20, 2024

Busy parents, tired of wasting time searching for your next BRRRR deal? Learn how to stop chasing dead-end leads and start having the right sellers come to you. It's time to simplify your investing journey and finally find that next deal!

Are you a busy parent struggling to find your next BRRRR deal? Between juggling family, work, and life’s demands, it can feel impossible to carve out time to search for profitable investment properties. The MLS and wholesalers aren't cutting it, and today’s high prices and interest rates make things even harder. In this episode, we’ll dive into a solution designed specifically for parents with 1-3 rentals: the BRRRRs for Busy Parents program. Discover how you can stop wasting time and let the right deals come to you—so you can focus on what really matters.

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When Mailers Miss: Finding Success in the Search for Your Next Deal Sep 19, 2024

Frustrated by mailers that don’t work? You’re not alone, but there’s more than one way to get to the closing table. Let’s uncover what to do when the traditional methods stall, and how you can still find satisfaction on your journey to the next deal.

Mailers not bringing in the BRRRR leads like they used to? You're not alone. Many of us are feeling the frustration of pouring time and money into strategies that just aren't delivering the results. But giving up isn’t an option. In this episode, we explore how to overcome these roadblocks and find satisfaction even when the old methods aren't working. We’ll talk about how to adapt, innovate, and keep the momentum going in today's challenging market. There’s always a way forward—you just have to be willing to find it.

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How Presidential Elections Really Impact Home Prices 🏠: The Surprising Truth Sep 18, 2024

Worried that the presidential election will impact your home prices? The truth might surprise you! Tune in to learn what really drives the housing market—and it’s not who’s sitting in the Oval Office.

Every four years, the political noise is impossible to ignore. Ads, texts, emails—it’s all-consuming. And with each election cycle comes the belief that a new president will dramatically impact the housing market, causing prices to either surge or fall. But what’s the reality? In this episode, we dive into data from the past few decades to uncover the real relationship between presidential elections and home prices. Spoiler: it’s not what you think. More important than election outcomes are factors like interest rates, local economies, and housing supply. Find out how to stay focused on what truly affects your portfolio’s growth, regardless of who takes office.

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Rediscovering the Thrill of Closing Your Next Deal in a Shifting Market Sep 17, 2024

Struggling to find cash-flowing deals in today’s market? You’re not alone—but the drive to close your next property is what keeps you going. Discover how to adapt your strategy, push through challenges, and rediscover the satisfaction that comes with closing your next deal.

The real estate market has shifted, making it harder to find those elusive cash-flowing properties that once seemed abundant. If you’ve been feeling frustrated or stuck in the process, you’re not alone. Many investors are finding it challenging to uncover those ideal deals that bring both financial rewards and the deep satisfaction of closing a property. In this episode, we explore why the sense of accomplishment in closing a deal still drives us forward, even in tough times. From overcoming market obstacles to adapting your strategy, the next rewarding deal is out there—and the satisfaction of sealing it will make the journey worthwhile.

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Top 10 Poorest Cities vs Top 10 Wealthiest Cities: Are Mayors More Important Than Political Parties? Sep 16, 2024

It’s easy to blame a city’s prosperity or struggles on political parties, but is that really the full story? By examining the top 10 poorest and wealthiest cities in America, we uncover a more nuanced picture: the leadership of individual mayors might be more important than party lines. With most of the poorest cities led by Democrats for decades, and yet many of the wealthiest also run by Democrats, what’s truly driving a city's success? It’s time to rethink how leadership, vision, and policy shape a city’s future. Explore the impact of mayors across party affiliations and how this might affect your next investment decision.

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Breaking the Cycle: How to Find Cash-Flowing BRRRR Deals in Today's High Price, High Interest Rate Market Sep 13, 2024

Tired of endless mailers, cold calls, and browsing for deals that don’t exist? Discover the smarter way to find your next BRRRR deal and start growing your portfolio today.

Feeling stuck and frustrated trying to find your next cash-flowing deal? You’re not alone. Many busy parents with 1-3 rentals find themselves endlessly browsing Realtor.com or sending out mailers, only to see little return on their efforts. The reality is, retail sellers are holding onto 2021 pricing, and traditional methods aren't cutting it in today’s market. But there’s an easier way. The BRRRRs for Busy Parents program takes the marketing burden off your shoulders and ensures that the right sellers are reaching out to you. Forget the endless cold calls and ineffective mailers—this approach focuses on finding deals that actually make sense for your portfolio. Ready to stop spinning your wheels and start closing deals that cash flow? Comment "Find&Fund" and discover how this program can change your investment game.

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Backup Lockbox Wins Again: Balancing Technology with Practical Backups Sep 12, 2024

Managing an Airbnb isn't just about offering a place to stay—it's about creating a seamless experience for your guests. In this episode, we share how we’ve successfully managed our own Airbnb, thanks to my wife’s expertise, a 4.91 rating over 60 reviews, and Superhost status for two years running. We'll discuss how integrating an August numeric keypad for guest access has been a game-changer, providing a secure and convenient check-in process. But, as with any technology, things can go wrong. That’s why we've also implemented a backup system with lockboxes to ensure no guest is ever locked out, even in the rare event of a malfunction. From personal stories to practical tips, this episode is packed with insights to help you enhance your own short-term rental.

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Is FICO Really the Problem, or Do We Not Know How to Play the Game? Sep 11, 2024

Many of us weren’t taught how credit scores work or how to manage credit effectively—we often learn the hard way. As both a landlord and hard money lender, I rely on the FICO system to evaluate potential residents and applicants. But as a borrower, it can feel like this system is designed to punish rather than help.

If you’ve ever felt frustrated with your credit score, you’re not alone. It’s easy to believe the system is unfair, especially when a few mistakes can cause a significant drop. But the truth is, FICO isn’t out to get you—it just operates by a set of rules that most of us weren’t taught.

This episode explores the realities of the FICO system, breaking down how it works and how you can use that knowledge to your advantage. By understanding the factors that influence your credit score—like payment history, debt burden, and credit utilization—you can make informed decisions that positively impact your financial health.

It’s not about fighting the system; it’s about learning how to make it work for you. If you’re ready to take control of your credit journey and stop feeling at the mercy of a number, this episode offers insights that could change the way you approach your finances.

What’s one thing you’ve learned about managing your credit? Share your thoughts in the comments and don’t miss the July 22nd episode for hacks on improving your credit score.

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5 Core Values That Built an Online Community for Married Parents Side Hustling in REI Sep 10, 2024

Freedom, communication, respect, loyalty, and trust—these aren’t just buzzwords. They are the core values that have shaped my life, my investing journey, and the W2 Capitalist Community. When I first ventured into real estate, I didn’t realize how crucial these principles would be to my success. But over time, I’ve come to understand that these values aren’t just important—they are essential.

This episode highlights how these guiding principles have influenced not only my personal journey but also the growth of the W2 Capitalist Community. From pursuing freedom beyond financial independence to creating a space where open communication, respect, and loyalty thrive, this community has become a support system that goes beyond networking. We’re not just investors—we’re a tribe committed to each other’s success.

Whether you’re a seasoned investor or still navigating your first BRRRR, you’ll find that these values resonate deeply and can empower your journey too. If you’re ready to connect with a community that shares your values and is committed to mutual growth, this episode is for you. Discover how freedom, communication, respect, loyalty, and trust can transform your investing journey.

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Where Did FICO Come From? The Origins of Your Credit Score Sep 09, 2024

Have you ever wondered where the FICO credit score system came from? It’s easy to assume it’s always been a part of the financial world, but the reality is far more interesting. In this episode, we journey back to 1956, when two engineers, Bill Fair and Earl Isaac, saw a flawed system where credit decisions were based on personal judgments, biases, and inconsistent practices. Determined to change the game, they founded Fair, Isaac, and Company—now known as FICO—on the principle that data, not opinions, should drive financial decisions.

We’ll explore how their vision took over three decades to fully materialize, leading to the creation of the FICO score in 1989. By standardizing creditworthiness evaluations, Fair and Isaac’s system brought transparency and consistency to the credit world—benefiting both lenders and consumers. But like any system, FICO isn’t perfect. While it has leveled the playing field for many, it also encourages certain behaviors and can feel like a complex puzzle.

Join me as we uncover the history of FICO, its impact on lending and borrowing, and how understanding its roots can help you use it to your advantage—especially when pursuing those low rates for your next BRRRR deal. Stick around for a sneak peek at upcoming episodes where I’ll share tips on how to master the credit game.

What part of FICO’s history surprised you the most? Share your thoughts in the comments, and don’t forget to check out my episode on the top three activities that drive 80% of your credit score, released on July 22nd!

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Why Your Mass Mailers Aren't Working and How to Fix It: A Proven Method for Busy Investors Sep 06, 2024

Struggling with ineffective mailers and low response rates? Join me as I reveal the method that turned my off-market frustrations into a series of successful deals. In this episode, I break down why broad mailers fail and introduce our BRRRRs for Busy Parents program, designed to target the right sellers with precision. Learn how to optimize your efforts, reduce wasted resources, and boost your response rate. If you’re a busy parent with 1-3 rental properties, this episode will give you the tools to revolutionize your off-market strategies.

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Forget Megacorps: Why Small-Scale Landlords Are Your True Rivals in Real Estate Sep 05, 2024

Think you’re up against megacorporations in the single-family rental market? It’s time for a reality check. This episode uncovers why your true competition is actually the millions of mom-and-pop investors out there. We’ll explore recent data showing that 80% of single-family rentals are owned by smaller landlords. Learn how these numbers impact your strategy and what you can do to stand out. Whether you’re managing 1-3 rentals or just starting out, this episode will help you shift your focus and improve your approach to finding and funding your next BRRRR deal.

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Small Investors vs. Megacorporations: Navigating the Influence of BlackRock, Vanguard, and State Street Sep 04, 2024

Are megacorporations like BlackRock really your biggest competition in real estate? Join us as we dissect the real impact of these large players on the single-family rental market and why small investors still have a powerful edge. We’ll explore how these corporations influence the market indirectly and how understanding this can help you find and secure your next BRRRR opportunity. Perfect for busy parents managing 1-3 properties who want to stay ahead of the game and leverage their unique position in the market.

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From One Rental to Freedom: How Perseverance Turned My Real Estate Dream into Reality Sep 03, 2024

Ever felt like closing on another rental was just a distant dream? In this episode, I dive into my early struggles and eventual triumphs in building a rental portfolio while working a demanding W2 job and raising a family. Learn how the BRRRR strategy was key to scaling my portfolio and how those seemingly small victories paved the way for a life of freedom. If you're balancing work, family, and investment goals, tune in for insights and inspiration on how persistence and strategy can lead to achieving your dreams.

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What’s Missing in Your Rental Lease? The Case for Banning Play Structures, Pools, and More Aug 30, 2024

Ever had a tenant ask if they could set up a 20-foot inflatable pool on your property? It happened to me, and it got me thinking—what's actually in my lease? In this episode, I dive into why it’s crucial to regularly review and update your lease agreements, especially when it comes to play structures, trampolines, pools, and other large outdoor equipment. This isn't just about keeping your properties in good shape—it's about protecting yourself legally. Whether you're a seasoned landlord or just starting out, this episode is packed with practical advice and a bit of humor along the way. Tune in, and don't forget to review those leases!

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BRRRRs for Busy Parents: Get Sellers Calling You in 90 Days Without the Hassle Aug 29, 2024

What if I told you that in just 90 days, you could have sellers calling you without sending mailers, cold calling, or hiring a virtual assistant? Sounds unbelievable, right? But here we are, ready to soft launch a system that has helped us steadily grow our real estate portfolio over the last decade. We break down the three pillars of our program: a proven marketing plan that brings leads to you, verified financing strategies for those without a hefty down payment, and expert coaching on negotiating directly with sellers. If you or someone you know might be a good fit for this game-changing program, reach out via text at 205-249-0248. Let’s find your next BRRRR in this challenging market!

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$418 Million NAR Settlement: How Will This Impact Your Realtor Relationships? Aug 28, 2024

In this episode, we're diving into the recent NAR class action settlement that has shaken the real estate industry. With a $418 million award, most consumers will see a mere $13 in compensation, while the legal giants walk away with the lion's share. We'll explore what this settlement means for both consumers and realtors, especially those working with investors. From new requirements for written agreements before home tours to the implications on buyer-agent compensation, there's a lot to unpack. Realtors and investors, I want to hear your thoughts on how this is affecting your business. Let's discuss!

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Simplicity in BRRRR: How Slow and Steady Investing Gave Us the Freedom to Explore with Our Kids Aug 27, 2024

In this episode, we're breaking down how the BRRRR strategy has not only helped us build a small but impactful real estate portfolio but has also given us the freedom to create a life rich with experiences and time spent with our kids. We share the journey of starting from a single rental property to crafting a nomadic lifestyle centered around family, freedom, and making unforgettable memories. If you're looking to simplify your real estate journey and focus on what truly matters, this episode is for you. Let's connect and explore how you can build a life worth living, one BRRRR at a time.

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Will a 0.5% Rate Cut Get You Buying More Rentals? Here’s What’s this Means in Real Dollars Aug 26, 2024

In this episode, we're diving into the buzz around potential interest rate cuts and what they really mean for real estate investors. With the Fed potentially slashing rates by half a percentage point, the question is: will this small change in your monthly payments be enough to motivate you to buy more rental properties? We break down the numbers, discuss the real impact on your cash flow, and ask the big question—what will it take for you to jump back into the market?

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Negotiating the Impossible: How I Fought an Insurance Carrier’s SOP and Won Aug 23, 2024

In this episode, we delve into a particularly eye-opening experience with negotiating insurance for a refinance. After facing a hefty premium increase and a frustrating payment policy from our insurance carrier, I decided to take matters into my own hands. I share how a bit of creative negotiation led to an unexpected exception and ultimately saved the day. Whether you're dealing with insurance, fast food, or any other service, this episode underscores the importance of negotiating every opportunity. Learn how building your negotiation skills can lead to better deals and increased confidence across all areas of life.

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Signs and Realities: Do Rental Rules on Signs Really Work? Aug 22, 2024

In this episode, we dive into the quirky world of bathroom signs and their effectiveness in rental properties. Inspired by a hilariously practical sign from Rocky Mountain National Park's rustic restrooms, I explore whether signs alone can enforce good behavior among residents. From the importance of sitting on the toilet to not using the floor, these signs provide a mix of common sense and comedy. I also invite you to share your own ridiculous rental property signs and experiences. Tune in for a laugh and some practical insights on managing rental properties with a touch of humor!

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Unplugged and Thriving: How a 30-Day iPad Sabbatical Transformed Our Kids' Summer Aug 21, 2024

In this episode, I share a transformative experience with a 30-day iPad and tablet sabbatical for our kids during our time in Colorado. As a parent who’s had enough of the constant screen time, I decided to put the devices away and explore the benefits of unplugging. From unexpected outdoor adventures to improved sleep and a surprising drop in my own blood pressure, this sabbatical turned out to be a game changer. I discuss how the absence of screens opened up opportunities for meaningful activities and better family bonding. I also challenge you to consider scheduling a device-free period for your kids and offer support to those willing to take on the challenge. Tune in for tips on how to make it work and the positive changes you might see in your family’s life.

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The Good, the Bad, and the EOI: Navigating Insurance Hiccups with Steadily Aug 20, 2024

In this episode, I dive into the good and the bad of working with Steadily, an insurance provider focused exclusively on real estate investors. I’ve been a happy partner and customer for years, but a recent experience during our refinance revealed some important lessons. I'll break down the value they offer, discuss the frustrations I faced with their EOI (evidence of insurability) process, and share why I still recommend them despite some setbacks. If you're a real estate investor or dealing with insurance issues, this episode is for you.

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When Life Hands You Lemons: Lessons from a 34-Mile Journey and a Smoking Car Aug 19, 2024

When our car started smoking and the dash went dark, my anxiety spiked as we were barely 34 miles into our nomadic journey. While I was stressing over repairs and delays, my kids were busy making the best of the situation, turning a Walmart parking lot into their own playground. This episode is all about the valuable lesson I learned from my kids: sometimes, you just need to chill out and make the most of life's unexpected detours. Join me as I reflect on our adventure, the importance of flexibility, and the surprising wisdom kids can teach us along the way.

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Can You Spot the Trends to 5 Star BnB Reviews? Aug 09, 2024

In this episode, I’m celebrating a remarkable milestone: our B&B has earned an impressive 4.91 rating from 64 reviews on Airbnb, and we’ve been a Superhost for several quarters in a row! I’ll share why this achievement is so special and how it reflects the hard work of my amazing wife, Cassie, who’s primarily responsible for our hosting success. I’ll dive into some of the standout reviews, highlighting the consistent praise we receive for our home’s layout, amenities, and Cassie's exceptional hosting. Discover the common threads in these glowing reviews, and learn how attention to detail, clear communication, and anticipating guest needs can set your property apart.

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Maximizing Rental Investments: Hot Trends and Self-Management Benefits with Lexie Nykyforuk Aug 08, 2024

Join Lexie from Hemlane as she takes over today’s podcast to dive into the hottest property trends and share the benefits of self-managing your rental properties. In this episode, Lexie covers key trends such as the shift to suburbs and rural areas, the rise of green living, and the integration of smart home technology. She also highlights the cost savings, greater control, and personalized service that come with self-managing your properties. Learn how leveraging technology like Hemlane can simplify the process and maximize your investment potential. If you have any questions or want to learn more, reach out to Hemlane and mention you're part of the W2 Capitalists for a special discount.

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Winning Negotiations: From Happy Meals to BnB Cancellations – Part 2 Aug 07, 2024

Welcome to part two of our negotiation series, titled "B&B Cancellations." In this episode, we explore how constant practice in negotiation can transform frustration into confidence and success. Inspired by an epiphany from our last discussion, I'll share a recent experience where my wife, Cassie, and I had to navigate a challenging situation with a B&B guest who wanted to cancel last-minute. Discover how Cassie's persistence, combined with our refined negotiation skills, led to a rewarding outcome.

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Mastering Negotiation: From Happy Meals to Real Estate Deals – Part 1 Aug 06, 2024

In this episode, we dive into the art of negotiation and how practicing it in everyday situations can transform your real estate investing game. This is part one of a two-part series where I share my personal experiences, starting with a recent incident at a fast-food chain. Learn how holding organizations accountable can boost your confidence and negotiation skills, setting you up for better real estate deals. Tune in as I recount a frustrating yet rewarding daddy-daughter outing and offer a simple challenge to help you enhance your negotiating prowess. Don't miss part two, where we'll tackle B&B cancellations and more!

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Turning Down $100K Profit? Here's Why I Said No Aug 05, 2024

In this episode, we're diving into a real estate scenario that many investors face: the decision to sell a property for a quick profit or refinance to reap long-term benefits. I'll share my recent experience with a fourplex we've purchased in 2018. Despite an offer that would give us a $100,000 profit on a $250,000 investment, I chose to refinance instead. Join me as I break down the numbers, discuss the pros and cons of refinancing at a higher interest rate, and explain why cash flow and long-term gains took precedence over an immediate profit. I'll also touch on how we increased rents through strategic renovations and why holding onto the property made more sense for our investment strategy.

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Essential Documentation for Hard Money Loans: What You Need vs. What You Don't Aug 02, 2024

In this episode, we dive into the world of hard money loans. If you've ever been puzzled by the documentation required for these loans compared to traditional lending, this episode is for you. We'll break down the key documents needed for hard money loans and 30-year fixed DSCR rental loans, highlighting what you should expect and what you shouldn't have to provide. Whether you're tackling a BRRRR or a flip project, get clear on the essentials and avoid the common pitfalls of dealing with lenders who don't play by the rules.

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Lessons from a 13-Year-Old Entrepreneur: Staying Focused in the Face of Rejection Aug 01, 2024

In this episode, I share an inspiring story about Ryan, a 13-year-old entrepreneur I met at a concert in Winter Park, Colorado. Amidst the fun and music, Ryan was focused on his goal, persistently pitching his cooler's contents to concertgoers. His determination, even in the face of constant rejections and distractions, taught me a powerful lesson in staying focused. Join me as I recount Ryan's story and discuss how his unwavering dedication serves as a reminder for all of us to keep pushing forward towards our goals, no matter the obstacles. Tune in to learn how every "no" can bring you closer to a "yes."

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We’re Talking About Practice, Man! How Well Do You Know Your Rentals? Jul 31, 2024

Join me in this episode as we take inspiration from the hit series Ted Lasso and discuss the importance of "practice" in real estate investing. Inspired by a memorable scene, I share a personal story about how consistent practice can make all the difference. Just like Ted emphasizes practice with his team, we'll dive into the daily, weekly, and monthly habits that keep us sharp and successful in the real estate market. From checking online listings and networking to ensuring maintenance requests are handled, discover how you can apply these principles to know your market and properties better. Tune in, and let’s talk about practice, man!

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10 Things You Can Do with a Suspended License: My Eye-Opening Experience Jul 30, 2024

Ever been pulled over by a U.S. Forest Ranger and told to exit your vehicle? That happened to me last week in Rocky Mountain National Park. What followed was even more shocking: I found out my driver's license had been suspended for nearly two years without my knowledge! Join me as I recount this bizarre experience and the list of 10 surprising things you can still do with a suspended license. From buying real estate to flying internationally, this story is a reminder that life’s unexpected challenges require resilience, humor, and vigilance. Tune in for a laugh and some valuable insights into navigating life’s curveballs.

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Rediscovering Confidence: A New Approach to Handling Stress and Anxiety Jul 29, 2024

Feeling the pressure from all sides? In this episode, I share a recent epiphany that’s helped me handle stress and anxiety more effectively. Like many of us, I juggle numerous responsibilities—from being a better husband and father to serving the W2 Capitalist community and managing rentals. The self-inflicted pressure can be overwhelming, but I've discovered a crucial insight: recalling past successes and relying on my accumulated experience can restore my confidence. Join me as I dive into this realization and offer practical advice for those battling self-doubt. Let’s learn to flip the script on stress and anxiety, focusing on our gains rather than the gaps.

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Navigating Turbulence: Why Investors Must Fly Differently When the Market “Quits” Jul 26, 2024

In this episode, inspired by a poignant excerpt from the book QBQ, Question Behind the Question by John G. Miller, we explore the concept of adapting to changing conditions in both life and investing. Reflecting on a personal story and a tragic hiking experience, we draw parallels to navigating the shifting landscape of real estate investment. Just as a pilot adjusts to a failed engine mid-flight, investors must pivot when faced with market downturns or unexpected challenges. Join us as we discuss resilience, adaptation, and the mindset needed to thrive in turbulent times. If you're ready to invest differently and navigate these changes with confidence, visit w2capitalist.com/join or text 205-249-0248 to join the W2 Capitalist community.

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Mastering Seller Negotiations: Top 6 Negotiate Questions for Tired Landlords Jul 25, 2024

Negotiating directly with sellers can be intimidating, but with the right prompts, you can confidently steer the conversation. In this episode, I share insights from the W2 Capitalist community, including a special shout out to Brody Oaks for helping create 90 seller negotiation prompts available for free at w2capitalist.com/negotiate. Today, we'll focus on the top six seller financing scenario prompts for tired landlords, designed to help you secure favorable deals. Learn how to ask bold questions that put you in control and make negotiating a breeze.

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Richard Is the Captain Now: Communication Lessons from a 4-Plex Renovation Jul 24, 2024

In this episode, we dive into a crucial lesson in communication inspired by the iconic line from Captain Phillips. Discover how a simple communication breakdown nearly derailed a major renovation project on my four-plex, and learn from my mistake so you don't encounter the same issue. Tune in for practical advice on how clear communication can make or break your real estate projects, and ensure your renovations run smoothly, even when you're miles away.

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Idiotic and Dumb Things REI Gurus Have Said (and people have fallen for) Jul 23, 2024

Join me for a laugh and a reality check as I share the latest batch of ridiculous advice from so-called real estate gurus. In this five-minute segment, I'll dive into five new pieces of "wisdom" that have surfaced on my social media feed. From the absurd notion that you can start in real estate with no money or credit to the misguided idea of buying 10 properties before you’re 30, these gems are sure to entertain and enlighten. Plus, I’ll give a shout-out to busy parents about an exciting new program, BRRRRs for Busy Parents, designed to help you close on your next property without the hassle. Tune in, have a laugh, and learn what not to do from these guru. Got any crazy guru quotes?

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Hacks for the Top 3 Activities That Drive 80% of Your Credit Score Jul 22, 2024

In this episode, I reveal the three key activities that contribute to 80% of your overall credit score and how you can hack them to improve your financial standing. As real estate investors, having a stellar credit score is crucial for securing funding and getting the best rates. I'll break down the top three factors and learn how maintaining long-term accounts, setting up automated payments, and managing your credit utilization can make a significant difference. Plus, I'll share a pro tip on helping your kids build credit early.

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The Key to On-Time Payments with Tight Leases and Firm Policies Jul 19, 2024

In this episode, I dive into a critical aspect of property management: ensuring your residents pay rent on time. It's not just about having a simple solution—it's about implementing a comprehensive process that has proven effective for us over the years. Discover the two essential components that contribute to our success: tight leases and adopted policies that lead to trained tenants. I share insights on crafting leases that legally enforce timely rent payments and explain why having clear policies is crucial for maintaining consistency and avoiding exceptions. Join me as I break down our approach to late fees and the specific steps we take when tenants fall behind on rent.

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Unexpected Praise for Walmart: A Lesson in Going Above and Beyond Jul 18, 2024

In this episode, I share an unexpected story about Walmart's outstanding customer service and how it inspired me to think about service in real estate investing. During our nomadic travels, we rely on Walmart for massive grocery pickups as we reach new destinations. We encountered a small hiccup with our order involving ice. What happened next left a lasting impression. Discover how Walmart's Evergreen, Colorado, location went above and beyond to resolve our issue and why this experience made me rethink the service we provide to our residents. Tune in to hear the full story and join the conversation on how we can all enhance our service levels, even with the smallest gestures.

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Should I Set Up a GoFundMe for My Investment Property Mistake? Jul 17, 2024

In this episode, we tackle a controversial topic: Should you set up a GoFundMe page because you made a mistake on an investment property? I share my thoughts on taking responsibility for our actions and the importance of extreme ownership. A recent story about a young sailor who lost his boat in a storm and turned to GoFundMe sparked this discussion. Tune in to hear my take on this issue, the lessons we can learn from it, and why relying on others to bail us out isn't the best approach.

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Why Choose Hard Money Loans: Part 2: The Who, Why, and How Jul 16, 2024

Welcome to part two of our series on hard money loans! In this episode, we dive deeper into the loan structures and how hard money loans can fund your projects. If you missed part one, be sure to check out yesterday’s episode for an introduction to the who, what, when, where, why, and how of hard money loans. Whether you're an experienced investor or just starting out, this episode will provide valuable insights into the mechanics of hard money loans.

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Why Choose Hard Money Loans: Part 1: The Who, Why, and How Jul 15, 2024

In this episode, we dive deep into the world of hard money loans, breaking down the essential who, what, when, where, why, and how. We'll explore five key reasons why investors might choose hard money loans and who they are best suited for. As a hard money lender myself, I frequently get questions about this topic, and I hope this episode serves as a helpful resource for anyone considering hard money for their next project.Tune in tomorrow for part two, where we'll discuss loan structures and how hard money loans can fund your projects.

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Demystifying Seller Financing: Interest Makes Them Complicated Jul 12, 2024

In this episode, we dive deep into the world of seller financing deals. We'll explore why many sellers struggle with understanding interest payments and how to simplify these conversations for smoother negotiations. I'll share my insights on avoiding interest rate discussions and structuring deals to benefit both parties, especially when it comes to tax implications. Remember, always consult with a CPA for personalized advice. Let's make seller financing less daunting and more profitable!

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Grill-Free BnBs: Peace of Mind Over Potential Revenue Jul 11, 2024

In today's episode, we're diving into the hot topic of grills at B&Bs and rental properties. Why don't we allow them? Well, it's a combination of safety concerns, peace of mind, and a bit of insurance. I'll share a story of melted siding from a grill and why we believe it's worth the potential missed bookings. Plus, hear about our policies for fire pits, smokers, and deep fryers, and a funny encounter with a guest who brought his own massive grill. Do you allow grills at your rental properties? I’m curious about your policies and experiences. Let’s discuss! Text me at 205-249-0248.

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Your Partnership Box: Avoiding Risking Collaborations Jul 10, 2024

In today’s episode, we’ll dive deep into partnership criteria and why it matters. Join us as we explore the often overlooked topic of establishing clear guidelines before entering into business collaborations. Many rush into partnerships, but with over 13 partnerships in real estate, learn why knowing someone for at least six months and having previous deal experience are crucial criteria. Discover practical insights and join the conversation on what makes a successful partnership.

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Fixing a Hotel Sink: How Do You Destress? Jul 09, 2024

Have you ever found yourself fixing a hotel sink drain in the middle of the night? Join us as we delve into a story of DIY plumbing adventures during a hotel stay. Tune in to hear about our journey from tired traveler to impromptu handyman and reflect on what tasks give you that much-needed mental break.

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The AirBnB Stat That Will Shock You: Is the Gold Rush Really Over? Jul 08, 2024

Ever heard folks saying the Airbnb gold rush is over? Many believed hosting was a get-rich-quick scheme requiring minimal effort, only to find out the hard way. Intrigued by the talk of an Airbnb bust, I delved into some fascinating statistics straight from Airbnb. Join us as we dive into some surprising stats about Airbnb that might change your perspective. Despite popular belief, the Airbnb gold rush isn't over; it's evolving. Do you think the B&B gold rush is truly over? Tune in and let us know your thoughts by texting 205-249-0248.

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Happy Independence! Jul 04, 2024

Feeling Like an Imposter? Good, You’re Growing! Jul 03, 2024

Join us in this episode as we confront imposter syndrome head-on. Inspired by comedian Jimmy Carr's insights, we discuss why imposter syndrome isn't something to fear, but rather, something to embrace as a sign of growth. We explore the misconceptions around success and jealousy, emphasizing that others admire your achievements, not the path you took to get there. Whether you're navigating your small rental portfolio or aiming for greater goals, learn why chasing imposter syndrome can lead to personal and professional advancement.

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Trust Your Spidey-Senses: What's better SFR vs. MFR in Long-Term Rentals Jul 02, 2024

Are you torn between investing in single-family or multifamily rentals? In this episode, we dive deep into the pros and cons of each investment type. Using a fun analogy inspired by my son's thoughts on Spider-Man, we explore how long-term client engagement can impact your investment strategy. Join us as we analyze real-world scenarios and share insights to help you make informed decisions in the real estate market. And remember, always trust your Spidey senses!

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Remote Showings Made Easy: Our Proven Process for Showing Vacant Units Remotely Jul 01, 2024

Are you considering self-managing your rental properties but struggling with how to show units without it consuming all your time? In this episode, I'll walk you through our streamlined process, inspired by the W2 Capitalist community and particularly Tyler Hughes and Chattanooga. This method has been a game-changer for our remote portfolio of 20 units, especially after discovering our third-party property manager was stealing from us. If you're looking to enhance your remote showing process or boost your confidence in self-management, this episode is for you.

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Real Estate Investing Advice That Works: The W2 Capitalist Difference Jun 28, 2024

Ever wondered why some real estate advice from forums or free Facebook groups sounds good in theory but falls apart in practice? Join us on this episode as we dive into the pitfalls of taking advice from inexperienced sources and how the W-2 Capitalist community sets itself apart. Recently, I came across a post in a popular REI group where a father debated installing coin-operated washers and dryers in his duplex. The response he got was filled with poor advice from someone with no real-world experience. Ready to join a community where real experience counts? Text me at 205-249-0248. Tune in to learn more!

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Fan-Tastic Mold & Mildew Prevention Jun 27, 2024

Ever wondered why your tenants keep complaining about mold or mildew in their bathrooms? It might be because their bathroom is treated like a rainforest during a shower! Join us as we dive into Project Wire Bathroom Exhaust Fans to Light Switches. Learn how hardwiring bathroom exhaust fans to light switches can make a significant difference in maintaining a mold-free environment in your rental properties.

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The Flamin' Hot Power of Follow-Up: When Timing is Off Jun 26, 2024

Ever feel like you did everything right with your offer but still got a "no"? Sometimes, it's not about what you did—it's about when you did it. In this episode, we explore the importance of timing and follow-up. Drawing from a fun personal story involving family-sized bags of Funyuns, we'll dive into why persistence and strategic follow-up can turn a rejection into an acceptance. Learn how to stop doubting your skills and start mastering the art of the follow-up, and maybe even make your offer stand out with a quirky touch. Find out how the right timing can make all the difference in your real estate investing journey!

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Credit Cards for Cap Ex? My REI Risk-Taking Revelation Jun 25, 2024

In this episode, I share how my perspective on using credit cards and lines of credit as CapEx and vacancy reserves has evolved over my investing career. Initially skeptical, I've come to see the value of this approach, especially when cash reserves can be better utilized. Hear about real-life examples from our mastermind calls, the importance of distinguishing financial vs. occupational vacancy, and how leveraging credit can help you stay in the game. Tune in and let me know where you stand on this topic!

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My $500,000 REI Mistake Jun 24, 2024

In this episode, we dive into my $500,000 mistake in real estate investing.My biggest mistake of all? Not listening to my wife. Join me as I recount our annual trips to Pigeon Forge, Tennessee, where we discovered a charming cabin that could have been ours for just $130,000. Learn from my experience about the importance of vision, taking risks, and the value of community support in making informed investment decisions. Whether you're stuck in analysis paralysis or unsure about market conditions, this episode will provide insights on how to avoid costly mistakes and grow your real estate portfolio effectively.

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Getting Rejected Builds Confidence: Here’s How to Practice Rejection Therapy Jun 21, 2024

Who's ready to get rejected today? As I’ve seen this struggle in our community, we’ve implemented “rejection therapy” as a fun, weekly challenge to build confidence in making offers. Because financial growth can't happen without personal growth!In this episode, I explain how rejection therapy works and why it’s essential. Get ready to embrace rejection as a stepping stone to success. Try rejection therapy today and see how it boosts your confidence and investment results.

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What Bluey's House Can Teach Us About Real Estate Investing Jun 20, 2024

Well, well, well, Bluey's house is up for sale! In this episode, I dive into what this fictional house sale teaches us about real estate investing. Whether it's in Australia or Timbuktu, Alabama, unfamiliar markets can present valuable lessons. I'll share the three critical questions I ask when evaluating potential long-term rental investment properties and why avoiding flood zones and understanding population trends are crucial. Tune in for insightful real estate tips!

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Breaking the Tipping Habit: When Service Doesn't Deserve Extra Jun 19, 2024

In today’s episode, I’ll share an eye-opening experience from my recent trip that led me to stiff a waitress for the first time in 30 years. We'll discuss the importance of providing excellent service, whether you're in the restaurant business or managing rental properties. Drawing parallels between tipping etiquette and our commitment to residents, lenders, and the community, we'll explore why exceptional service is crucial for maintaining strong relationships and ensuring repeat business. Plus, I'll recount a surprising drive-thru encounter that made me rethink tipping in modern times.

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The Spare Tire Analogy: Why Your Side Hustle is Your Financial Safety Net Jun 18, 2024

We’ll explore the surprising parallels between spare tires and side hustles in today’s episode. Last weekend reminded me just how invaluable both can be. We've been slow traveling for years with only minor vehicle issues until a recent incident underscored the importance of having a spare tire – a reminder of why having a side hustle is equally crucial. We'll discuss the importance of being prepared, staying resilient, and ensuring your "spare tire" – whether literal or metaphorical – is always ready to go.

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NSFW Rental Applications: The Wild Side of Facebook Marketplace Jun 17, 2024

In this episode, I share a bizarre and NSFW rental application that left me speechless. After years of using Hemlane for property management, I decided to test Facebook Marketplace for filling a vacant unit. The results were surprising, to say the least. From 81 inquiries on Facebook, only one applicant was approved, compared to Hemlane's six inquiries and three approved applications. But the real kicker? An unforgettable voice message from a potential tenant. Tune in to hear the cleaned-up audio and the valuable lessons learned about finding quality tenants. You won't want to miss this one—trust me.

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Smooth PM Transitions: Why the 15th is the Magic Date for Property Management Changes Jun 14, 2024

Ever wondered when the best time to transition your PM system is? Tune in to this episode where we break down why the 15th of the month is the ideal day for making this switch. We’ll discuss how this timing ensures rent collection is complete, gives residents ample time to adapt to the new system, and prevents late payment excuses. Sharing personal experiences and practical tips, we’ll guide you through posting notices, following up with residents, and ensuring a smooth transition.

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Fear Yields Inaction: Take a Step Backwards Jun 13, 2024

In this episode, we dive into overcoming fears and taking actionable steps towards your real estate goals. Join us as we discuss a recent mastermind call with Jason, Brody, and myself, where we tackled the intimidating prospect of door knocking for pre-foreclosure deals. While Brody, an expert in acquisitions, thrives on this strategy, Jason and I—both introverts—struggled with the idea. Whether you're scared to knock on doors, talk to potential partners, or raise funds for your next deal, this episode will guide you in identifying your edge, taking a step back, and building the confidence needed to take action. Remember, confidence yields action, and action yields results.

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Running with Blinders On: Surprise Others and Yourself Jun 12, 2024

Ever been so focused on your goals that you surprise not only others but yourself too? This week, we’re diving into a hilarious and unexpected lesson from my recent slow travel adventures. As my family and I navigated the challenges of hotel living amidst noisy teams and sleepless nights, I had a moment that perfectly illustrates the power of singular focus. We’ll explore how maintaining focus, even in chaotic situations, can lead to surprising outcomes. Listen for a mix of humor, real-life insights, and a reminder that dedication to your goals can lead to extraordinary moments.

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Cow Patty Party Capital: Creative Fundraising and Resourcefulness in Real Estate Jun 11, 2024

Ever heard of a cow patty party? No? Well, get ready for a wild story from my hometown that’ll make you rethink creativity in real estate investing. This episode, we're exploring the quirky tradition of the cow patty party and its surprising connection to finding cash-flowing deals in today’s challenging market. Tune in to hear this unusual tale and learn how thinking outside the box can lead to success in real estate investing.

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Finding Cash Flow in Today’s Market: Strategies and the 28-Day Deal Flow Challenge Jun 10, 2024

In this episode, we're tackling a question on every real estate investor's mind: "Will I ever find another deal that cash flows?" Join us as we dive deep into this topic and we'll also introduce you to our 28-Day Deal Flow Challenge, a structured plan designed to boost your deal flow. Markets may have shifted, but by dedicating time and effort to these steps in this challenge, you can still find deals that meet your cash-flowing criteria.

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Escaping Real Estate Investor's No Man’s Land: Stop Comparing, You're Thriving! Jun 07, 2024

In this episode, we’ll delve into the realm of the Real Estate Investor's No Man's Land. We’ll explore what it means to be stuck in this desolate area of real estate investing, where motivation dwindles, stress mounts, and growth feels stagnant. Success in real estate investing isn't about matching someone else's pace; it's about finding what works for us and staying true to our goals. Tune in for insights on navigating this challenging terrain and breaking free from the Real Estate Investor's No Man's Land.

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Pit Crew Pit Stops: Adventures in Nomadic Slow Travel with Kids Jun 06, 2024

Get ready to join the adventure with our nomadic crew as we dive into the humorous realities of frequent pit stops, highlighting our personal best of a 197-mile stretch without pausing. From Hardee's biscuit breaks to unexpected naps, discover the strategies behind our epic journey milestones and the chaos that ensues during our "pit crew pit stops." So buckle up and tune in as we navigate the highs and lows of life on the road, one mile at a time!

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Introvert's Journey: From Virtual Meetups to Real-Life REI Conferences Jun 05, 2024

In this episode, I’ll open up about my journey as an introverted real estate investor. Discover how virtual communities have played a pivotal role in my growth and helped me overcome the anxiety associated with in-person events. If you're an introvert struggling with networking in the real estate world, this episode offers practical advice on leveraging virtual connections to ease into face-to-face interactions. Learn how you can push beyond your comfort zone, build valuable relationships, and boost your confidence in real estate investing.

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Cash for Keys Success: A Win-Win Solution for Tenant Transitions Jun 04, 2024

In today’s episode, we delve into the successful implementation of a "cash-for-keys" strategy. Learn how this approach can be a win-win for both landlords and tenants, offering a swift, cost-effective alternative to the lengthy and costly eviction process. I'll share the story of my first cash-for-keys success with a long-term resident who had become a problem tenant. Discover the step-by-step process we used, from the initial offer to the signed agreement, and the clean-up after the tenant's departure. Hear about the benefits of this strategy, including how it can help you avoid legal battles, reduce stress, and maintain property conditions.

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Burst Pipes & Tenant Rights: Navigating Water Leak Reimbursements Jun 03, 2024

We’ll discuss in this episode our straightforward policy for reimbursing residents for water leaks, an issue we've frequently encountered across our property portfolio. From burst pipes hidden behind walls to leaks under the slab or in the yard, water leaks can cause significant stress for both landlords and residents. We'll walk you through our process of handling these situations, including how we calculate reimbursements based on residents' average water bills over the past year. Learn how to implement this water leak policy and other techniques to enhance your landlord-resident relationships.

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Filtering For Quality Self-Managed No Hassle Tenants May 31, 2024

In this episode, we explore the importance of implementing proper filters from the very first interaction with potential tenants. Join us as we dissect a real-life interaction with a prospective tenant, Jaylin, and uncover the red flags that signaled she wouldn't be a suitable tenant. Discover why having a stringent filtering process is crucial for saving time, money, and headaches down the road. We'll share practical tips on setting up your own filtering system to weed out unsuitable candidates and ensure you find the right residents for your properties.

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Finally Figured Out How BnB Guests were Accessing Our Owner’s Closet May 30, 2024

In this episode, we reveal how guests were accessing our owner's closet and garage despite our best efforts to keep these areas off-limits. Discover how we maintain security with keyed deadbolts and electronic numeric keypads, and hear about our puzzling experience with guests repeatedly breaking into the garage. Learn from our mistake and get practical tips on securing your property, ensuring your off-limit areas remain truly private.

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Making Tiny Shifts to Acquire Better Deals May 29, 2024

Inspired by James Clear's "Atomic Habits," this episode dives into the importance of focusing on your current trajectory rather than immediate results. Join us as we recount a personal story about building a chevron-style outdoor table and how a tiny deviation in measurements can lead to significant misalignment over time. Learn how to make these tiny, impactful shifts and start building the future you desire, one small habit at a time.

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End Virtual Assistant Turnover with Simple Science May 27, 2024

In this episode, we tackle the frustrating issue of VA turnover and how you can break the cycle using a bit of simple science—no degrees required! Hear about a real community member's experience and the solution that turned things around: hiring based on personality traits. Discover why highly neurotic individuals excel in admin roles and how the Big Five Personality Test can be your secret weapon in finding the perfect VA. Don’t miss this chance to transform your hiring strategy and achieve greater success with your VAs!

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$18,856 in HVAC Replacement Costs in the last 6 Weeks May 24, 2024

In this episode, we dive into the critical importance of capital reserve accounts, highlighted by a recent $18,856 HVAC replacement expense. Learn how combining cash, lines of credit, and the cash value of a whole life insurance policy can safeguard your finances. We discuss the benefits of high-interest savings accounts, strategic use of credit lines, and leveraging life insurance policies. Learn some valuable tips to help you plan for those inevitable big expenses.

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Proving Real Estate Agents are Useless Wastes of Money? May 23, 2024

In this episode, I address Glenn's comment and explain why real estate agents are far from useless. This discussion stems from a post I made in our community, where we focus on finding seller financing opportunities through off-market mailers, not the MLS. Glenn's comment inspired me to dive deeper into this topic. I'll outline the four types of real estate transactions in this episode and explain why most of our community's strategies don't always need their involvement.

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7 Levels Deep to Find Out Why You Want to Build a Portfolio May 22, 2024

In this episode, we delve into the importance of discovering your deeper "why" to fuel your investment journey, using the "7 Levels Deep" exercise to unearth your true motivation. This method involves continuously asking yourself why you invest in real estate until you reach that profound AHA moment. We discuss how a clear purpose, we also emphasize the role of community support, significantly boosts your chances of achieving your goals. If you've lost sight of your "why" or need a motivational boost, this episode is for you. Listen in to learn how to find and maintain your driving force in real estate investing.

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Top 3 Problems Investing Parents are Struggling with Right Now May 21, 2024

Hey busy parents and side hustlers! In this episode, we dive into the top challenges you face when growing your real estate portfolio, based on insights from almost 100 market research calls. Many of you struggle with finding cash-flowing deals, securing capital for down payments, and managing your time effectively. We discuss the impact of current market conditions, explore creative financing options, and share practical strategies to overcome these obstacles. If these challenges resonate with you, reach out (205-249-0248) to join our growing community and discover valuable tips and resources. Plus, don't miss the insights from Jason Wojo of Lifeonaire on prioritizing what's important in your schedule.

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Create a Legacy Video or Letter May 20, 2024

Happy Monday! It’s time for our weekly challenge. This month, our community focus is on Legacy, a topic our members are passionate about. Today’s challenge is to create a Legacy letter or video for your children or future generations. Explain why you chose real estate investing to build a family legacy, share your hopes, advice on personal finances, and lessons learned. This can be a recurring activity. Record a video or audio if you prefer. Start documenting your legacy today—your future generations will thank you!

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Our Tax Code is F’d Up May 17, 2024

Happy Friday, everyone! Today, I’m sharing a story about the chaos of our tax code and why it’s so frustrating. Despite having a CPA, I faced a bizarre situation with the IRS that highlights the inefficiencies and confusion within the system. Despite trying to pay what we owed, I kept getting no balance due on the IRS site for months. Then, out of the blue, I received a letter from the IRS, not demanding payment, but sending us a check for overpaying! Listen in to hear the full story and my thoughts on our convoluted tax system. Are you team April or team October when it comes to filing taxes?

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Never Accept Debit or Credit Cards for Rent Payments May 16, 2024

Hey busy parents! In today's episode, we're diving into why you shouldn't accept credit or debit card payments for rent. I'll share a painful lesson learned from my own experience and explain the potential pitfalls. We initially thought accepting card payments through Hemlane was a great idea for tenant convenience. However, we faced a major issue when a tenant disputed a payment, leading to a loss of three months' rent. I'll break down the risks involved and why we've switched exclusively to ACH transfers. If you've faced similar challenges or have insights on ACH transactions, I'd love to hear from you.

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Realize the Gain May 15, 2024

Happy Wednesday, everyone! If you've been wondering about Monday and Tuesday's missing episodes, I've got a story for you. Today, I'm sharing a personal example of how juggling multiple roles—being a parent, a spouse, and a side-hustling real estate investor—can sometimes lead to missed goals. Instead of stressing out, I'm learning to accept that it's okay to miss a beat sometimes, thanks to the book The Gap and the Gain by Dan Sullivan and Ben Hardy( https://www.amazon.com/Gap-Gain-Achievers-Happiness-Confidence/dp/1401964362). Tune in to hear how I'm striving for consistency rather than perfection and why it's important to recognize and celebrate your progress, even when things don't go as planned.

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Tips for Allowing Film Crews to Book Your BnBs May 10, 2024

Happy Friday, folks! If you've got that extra pep in your step, it's because the weekend is just around the corner. Today, let's dive into the incredible benefits of community! Let me share a little story about the magic that can happen when you're surrounded by knowledgeable peers. So, picture this: a film crew wants to book your space, but there's a catch. They come with some pretty sketchy clauses in their agreement. Cue Kaitlyn, our community superhero, who swoops in with some priceless advice. Thanks to her wisdom, we dodged a few legal bullets and ended up getting paid for a week without the crew even setting foot on our turf! 🦸‍♂️💰 Talk about a win-win! This just goes to show the incredible power of community—where each member brings their unique expertise to the table, helping us all navigate the twists and turns of the business world. So here's to leaning on each other, learning from one another, and celebrating the victories together! Cheers to the power of community!

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Why I Call Out Unethical Real Estate Investing Advice on Social Media May 09, 2024

Hey there, fellow busy parents! Today, I'm diving into a topic that's been buzzing around lately: speaking up against unethical advice in the real estate industry. Now, I know what you're thinking: "Why stir the pot?" But here's the deal: when it comes to shady practices, I firmly believe in calling them out. It's like this mantra I live by—One is an anomaly, Two is a pattern, three is a trend. So, when I see troubling patterns emerging, especially from self-proclaimed real estate gurus, I feel compelled to speak up. So, why do I do it? Simple. It's all about maintaining the integrity of our industry. By shedding light on these practices, we're not only protecting our community but also attracting like-minded individuals who value ethics over shortcuts. So, join me in this quest to keep our real estate realm above board and thriving!

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Rule of 72 - Quickly Determine How Long it Takes for an Investment to Double May 08, 2024

Hey there, podcast fam! Happy Wednesday! Today, we're diving into a topic that's often overlooked but super handy: the Rule of 72. Ever wondered how long it takes for your investments to double? Well, this nifty little rule has got you covered! It's as easy as pie: just take the number 72 and divide it by your annual interest rate, and voila! You've got the number of years it'll take for your investment to double. Sounds like magic, right? Tune in to this episode as we break down some calculations and demystify the Rule of 72. Trust us, you'll be thanking us later when you're doubling those investments like a pro!

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Trick to Avoid the Shiny Objects May 07, 2024

Today, we're on a mission to conquer the distractions of shiny object syndrome, and we've got a little help from Keith Cunningham's "The Road Less Stupid." In this insightful read, Cunningham drops a truth bomb that stopped me dead in my tracks: "How does this get me to my goal faster?" It's a game-changer, folks. When we're evaluating deals, opportunities, or even life choices, it's all about weighing the pros and cons. So, join me on this enlightening journey as we decipher the difference between fleeting distractions and genuine opportunities. Remember, a slight hesitation may just be the key to steering clear of shiny distractions and staying focused on what truly matters. Who knows? You just might find yourself diving into success faster than ever before – no floaties required!

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Creative Ways to Announce Your Social Media Sabbatical May 06, 2024

Get ready for this week's challenge, folks! It's time to shake things up and schedule yourself a little social media sabbatical – courtesy of our fabulous classmate Sherry R! Here's the scoop: I want you to block out some time this week – or hey, even in the near future – for a much-needed break from the endless scroll. Now, I know what you're thinking – why all the fuss about social media? Well, my friends, it's time to face the music. We're spending more time scrolling than we are living – and that's a problem. Let's flip the script, prioritize what truly matters, and reclaim our precious time. Remember: it's all about making room for what matters most – our loved ones, our passions, and our investments in the good stuff. Until next time, stay social, stay savvy, and don't forget to take a breather every now and then. After all, life's too short to be spent staring at a screen!

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What It Cost to Replace a Hot Water Heater May 03, 2024

Hey there, busy parents! Welcome to another sizzling episode of Hot Water Heater Friday! 🔥 Today, we're diving headfirst into the world of water heater replacements – because let's face it, when that trusty old unit calls it quits, it's time to roll up those sleeves and get down to business. So, what's the damage, you ask? Well, grab a seat and hold onto your hats as we break it down. Dear listeners, when it comes to water heater woes, knowledge is power. Arm yourself with these nuggets of wisdom, shop smart, and keep those eyes peeled for any signs of trouble brewing. After all, a little TLC goes a long way in the world of hot water! Until next time, stay cool and keep those heaters heated!

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5 Signs Your Property Manager is Stealing from You May 02, 2024

Hey, folks! Today, I'm sharing my personal journey of discovering the hard truths about property management and how to spot the signs of a sneaky manager who's not playing by the rules. Picture this: missed rent payments, deferred maintenance requests piling up, and evictions mysteriously MIA. Sound familiar? Yep, been there, done that. But fear not, because I've crafted the ultimate cheat sheet – 5 telltale signs that your property manager might be dipping into your pockets behind your back. Armed with these signs, you'll be ready to tackle any property management shenanigans head-on. And hey, if you found this episode helpful – and trust me, you will – I'd be over the moon if you could spare a few minutes to leave us a glowing 5-star review. Your support means the world! So grab your detective hats and let's uncover the truth together. It's self-management sleuthing time!

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The Department of Insurance - What it is and What it is Supposed to Do May 01, 2024

Happy Wednesday! Today, let's delve into a topic you might not have thought about much: the Department of Insurance. Yep, it's a real thing, and it's more important than you might realize. Join me as I share my eye-opening journey of discovering this crucial department and why it's essential to know about it when selecting insurance carriers for your properties. Discover how the Department of Insurance plays a crucial role in regulating insurance carriers and ensuring they toe the line. So buckle up and tune in! By the end of this episode, you'll be armed with the knowledge to make informed decisions about your insurance needs. After all, knowledge is power, especially when it comes to protecting your investments!

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I Don't Want to Make Decisions Today Apr 30, 2024

Tune in as I recount a recent experience where I decided to relinquish control and let my spouse take the reins. After a grueling week packed with work, family, and investment stresses, I declared to my wife that I simply didn't want to make any decisions. Surprisingly, it turned into one of the most refreshing and mentally freeing experiences I've had in a while. Join me as I share the journey from feeling like a drone to being fully present with my family. Discover how embracing this approach can offer a much-needed mental break and strengthen your connection with loved ones. It's time to take a step back and let someone else call the shots—for a day at least!

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Benefits of Taking a Walk with No Humans, No Devices, No Pets Apr 29, 2024

Welcome back to another episode, folks! Today, I've got a challenge for you that might sound a little wild if you're always on the move – but trust me, it's worth it! I challenge you to take a 30-minute walk, no gadgets, no companions, just you and Mother Nature, three times this week. Yep, you heard me right – ditch the phone, leave your worries behind, and hit the great outdoors solo. So why am I asking you to do this? Well, it's about reconnecting with nature, soaking in the sights and sounds of the world around us. We often forget as busy parents that we need that time for ourselves, to breathe deeply and just be. And trust me, once you're out there, phone-free and unencumbered, you'll feel a sense of liberation like never before. So, lace up those sneakers, step outside, and let's embrace the power of nature together!

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The Roadmap to Double Your Portfolio This Year Apr 26, 2024

Get ready to fast-track your real estate success with our proven roadmap to doubling your portfolio in just 365 days! In today's episode, I'm pulling back the curtain on our exclusive community and sharing the insider secrets that have propelled hundreds of members to financial freedom. Since our inception in 2018, we've seen countless success stories emerge from our program, and now, it's time to uncover the winning formula. Join me as I dissect our three-stage roadmap, designed to turbocharge your growth and maximize your real estate potential. So, if you're ready to take your portfolio to new heights and unlock the door to financial freedom, this episode is a must-listen! Let's double those portfolios and make your real estate dreams a reality.

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How to Rebuttal the Most Common Excuse for Not Paying Rent Apr 25, 2024

Get ready to debunk the top excuse in the rental game – 'It's my bank's fault!' In today's episode, I'm spilling the beans on a foolproof strategy for collecting rent on time, every time. You see, when tenants start blaming their banks for late payments, it's easy to get caught in a cycle of excuses. But fear not, because I've got a game-changing concept that'll put an end to those excuses once and for all! Trust me, it's a game-changer! Tune in to learn how to squash excuses and maximize your rental income. Let's turn late payments into a thing of the past!

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This Pattern Has Led to Success with our Off Market Mailers Apr 24, 2024

Today, I'm dishing out some management wisdom that's served me well – both in my corporate days and in the world of real estate. Get ready to dive into the fascinating world of off-market mailers and the power of spotting patterns! We've closed two properties in the last two years from our off-market campaigns, and while some might see that as just a stroke of luck, I see a pattern emerging. As the saying goes, 'once is an anomaly, two is a pattern, and three is a trend.' So, if you're ready to take your real estate game to the next level and spot those hidden opportunities, this episode is a must-listen! Let's turn anomalies into trends and trends into triumphs.

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Fellas, Why Do We Struggle Asking for Help? Apr 23, 2024

Welcome back, folks! Today, we're diving deep into the age-old question: why is it so hard to ask for help? Join me on a journey of self-reflection as I explore this universal struggle through the lens of my own experiences. It's a journey of self-discovery as I navigate the fine line between independence and vulnerability. So, whether it's seeking advice from a loved one or reaching out to a friend in need, let's challenge ourselves to embrace vulnerability and open the door to genuine connection. And hey, ladies, when your guy finally swallows his pride and asks for your help, don't forget to give him a big 'thank you' – after all, it's not easy being vulnerable!

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Take Three Cold Showers This Week - Tips to Start Apr 22, 2024

Hey there, health enthusiasts! Get ready to turn up the heat – or should I say, turn it down? In today's episode, we're diving into the invigorating world of cold showers! That's right, I'm challenging you to take the plunge and embrace the icy waters for three cold showers this week. But fear not, I've got all the tips and tricks you need to make it through unscathed. From boosted energy levels to a bulletproof immune system, cold showers have the power to transform your health in ways you never imagined. So grab your towel and prepare to shiver your way to better health! It's time to embrace the cold and unlock a whole new level of vitality. Are you up for the challenge? Let's make a splash

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Saving Money by Not Ordering for Yourself Apr 19, 2024

Get ready for a hilarious and slightly absurd episode, folks! 🍴 Today, we're tackling a completely random thought that's been on my mind lately: the curious case of the fork! I mean, let's be real – compared to the mighty spoon, is the fork really pulling its weight in the utensil drawer? So grab your favorite utensil (spoiler: it's probably a spoon) and get ready for a lighthearted journey into the quirky world of kitchen philosophies. Let's fork it up!

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Insurance Carriers to Avoid for Your Flips and Rentals Apr 18, 2024

Get ready for a crash course in insurance wisdom, folks! In today's episode, we're diving deep into the wild world of landlord insurance and uncovering the secrets to finding the right coverage for your rental properties. Let's face it, insurance can feel like a necessary evil – but fear not, because I've done the legwork for you! After countless conversations with attorneys and navigating the murky waters of insurance carriers, I've struck gold with Steadily insurance. These guys are the real deal, exclusively dedicated to landlords like us. But beware, not all insurance companies are created equal! I'm spilling the tea on the ones you should steer clear of. Trust me, when it comes to protecting your investments, it pays to do your homework. So grab your notepad and buckle up for some invaluable advice from the trenches of landlordship. Your rental properties will thank you!

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Stupid Advice from The Gurus Apr 17, 2024

Get ready for some truth bombs and a side of sass in today's episode! 🎙️ We're diving deep into the world of questionable advice from none other than the gurus themselves. Buckle up, because we're calling out the likes of Grant Cardone and his infamous 400k rule – seriously, who does he think he's fooling? And don't even get me started on the real estate 'gurus' preaching the 'buy 10 rental properties before 30' mantra. 🙄 As if we all have a magic money tree in our backyard, right? So grab your popcorn and get ready for some eye-opening insights and a few laughs along the way.

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A Stoics Motivation to Stay Healthy Apr 16, 2024

Get ready for another enlightening episode as we delve deeper into health and legacy this April! Here at W2 Community, we're all about leaving a lasting impact, and that includes taking care of ourselves for the long haul. Today, I'm sharing a personal story that hits close to home and serves as a powerful reminder of the importance of staying healthy. I want to be healthy not just for myself, but for my loved ones too. Join me as I navigate this journey of self-discovery and share insights on how to prioritize your health and extend the value of your life. It's a conversation that might just change the way you approach your own well-being. Tune in for laughs, tears, and a healthy dose of inspiration!

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How To Easily Drink a Gallon of Water Every Day Apr 15, 2024

Hey, health warriors! Ready to revolutionize your hydration game? Today's episode is all about unlocking the secret to effortlessly drinking a gallon of water every day. Trust me, it's not as daunting as it sounds! Join me as I share my own journey from soda addict to water warrior, and learn how you can make the switch too. From marking your water jug to setting a hydration schedule, we've got all the tricks to keep you on track. Plus, discover the secret to kicking off your day right. Remember, it's all about progress over perfection! Tune in for laughs, insights, and a splash of motivation to keep you hydrated and healthy.

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Community Creates Opportunity, A W2 Capitalist Success Story Apr 12, 2024

In today's episode, we're diving deep into the power of community and the incredible opportunities it can create. Get ready for an inspiring success story straight from our own community members, Mike and Eric! Tune in as we unpack how a simple coffee chat between Eric, a dedicated podcast listener, and Mike, a seasoned investor, led to a game-changing deal. With Eric's keen eye for due diligence, he uncovers a hidden gem – the potential to turn his purchase into a goldmine! It's a jaw-dropping reminder that when you're part of a community where real estate dreams are shared and discussed, the possibilities are endless. So, if you're still sitting on the sidelines, it's time to jump in and seize the opportunity! Trust me, you won't want to miss this incredible story of community collaboration and success.

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EVICTION: Don't Kick the Door In, I Have the Key! Apr 11, 2024

Today, we're diving into the bizarre world of self-managing rental properties. From a tenant months behind on rent, a county with strange eviction processes, to a power company dropping bombshells. But here's where it gets bizarre – the county's eviction process involves kicking down doors without warning! With a savvy attorney by your side, anything is possible. You won't believe how this story unfolds!Moral of the story? Having a savvy attorney in your corner can make all the difference. Tune in for a riveting account and some sage advice on managing the unpredictable world of rental properties.

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An Unethical Way to Raise Capital - Don't Do This Apr 10, 2024

Get ready to dive into the shady world of money-raising tactics in today's episode – and trust me, you won't believe what I've uncovered! Yep, you heard that right! We're talking about inflating rehab costs to pocket some extra cash under the table. But here's the kicker – is this shady behavior just a 'business tactic' or downright unethical? Tune in as we dissect this shady practice and and a reminder to always keep it honest in the world of investing. Trust me, you won't want to miss this eye-opening discussion!

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What's Your Spouse's Relationship with Money? Apr 09, 2024

Get ready for some relationship wisdom in today's episode! We're diving into the intriguing world of spousal alignment when it comes to money matters. Sure, I'm not a marriage counselor, but, did we have an expert drop some serious knowledge bombs inside our community! The key takeaway? Your early experiences with money shape your relationship with it, and often, we end up marrying someone on the opposite end of the financial spectrum. Sound familiar? From spender-saver dynamics to parent-child roles, it's all about understanding where you both stand. From exploring early money influences to navigating conflicts and budgeting, these conversations are key to building a rock-solid financial foundation together. So grab your partner, grab a seat, and get ready to level up your money game! Trust me, this conversation is a game-changer! Tune in for tips, laughs, and a healthier relationship with money.

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A Food Sensitivity Test Saved My Life Apr 08, 2024

Welcome to April, where we're putting health in the spotlight! In this episode, I'm sharing a personal journey that turned my health around and might just inspire you to do the same. At 40, a scary incident with a chicken sandwich led to a shocking diagnosis and a battle with acid reflux. But then, a simple food sensitivity test from Everlywell revealed gluten and soy sensitivities, leading to a 6-month diet overhaul. The results? Acid reflux vanished, Barrett esophagus prognosis gone, migraines and asthma disappeared, and even childhood eczema vanished! As we focus on health this April, I challenge you to take the leap and get tested. It may just change your life! Tune in for tips, laughs, and a reminder to prioritize your health journey. Let's make April the month of transformation!

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I Always Leave Smiling and Energized Apr 05, 2024

Welcome, listeners, to a journey of finding your tribe in the world of real estate investing and beyond! Today, we're talking about finding your tribe and how it can turbocharge your real estate investing journey. Life's a grand adventure, and having the right crew by your side can make all the difference. Whether you're hustling in investments, health, or family, having a supportive community is key. Our members share their heartfelt testimonials, like Mandy who found her place and committed to growing her 'growth friend.' Her story of finding energy, motivation, and genuine smiles in our community is truly inspiring. It got me thinking: Do your communities leave you feeling the same? If not, it's time to find your tribe. Tune in for an episode that'll warm your heart and inspire you to find your own supportive community!

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Red Flag When Mothers Submit Rental Applications for Their Kids Apr 04, 2024

Welcome to a jaw-dropping episode, folks! Today, we're diving into the wild world of self-management in real estate and boy, do I have a story for you! 🏡 After discovering our property manager's shady dealings, we took matters into our own hands and decided to self-manage.But that's just the beginning of this wild tale! From the art of training tenants to pay on time and dodge excuses to dodging red flags like a pro, we're spilling all the beans. Hold onto your hats, because I've got a cautionary tale that'll knock your socks off! 🧦 Beware the red flags of self-management, like the student whose mom fills out the application only for the kid to bail last minute. Trust me, you'll want to hear this cautionary tale before you dive into the self-management game!

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Lack of Capital = Lack of Confidence?? Apr 03, 2024

Get ready to debunk the myth of 'lack of capital' in today's episode, folks! Join me as we unravel the real culprit behind this common excuse: lack of confidence. Join me as I recount a game-changing conversation with Isaac during our consulting sessions. He cited 'lack of capital' as his roadblock, but after a deep dive into the Growth Friends exercise, we unearthed a deeper issue: lack of confidence disguised as a capital problem. . Learn the art of conversation, building confidence, and attracting partners. Remember, confidence is the key, and action is your ally. Get ready to conquer your investing fears, one conversation at a time!

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Spousal Alignment Buckets Apr 02, 2024

Welcome to a game-changing episode, folks! Today, we're diving into the juicy realm of spousal alignment in real estate investing – because let's face it, financial conflicts can make or break a marriage. Join me as we explore the three buckets of spousal alignment and figure out which one you and your partner fit into. From the dynamic duo in Bucket A to the skeptics in Bucket C, and the supportive but hands-off in Bucket B, there's a lot to discover about where you stand. Which bucket do you think you and your partner fall into?

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What are Growth Friends? Apr 01, 2024

Ready to level up your investor game? Discover the power of intentional conversations in this episode. Tune in as we dive into the Growth Friends Exercise! Join me as I share insights, tackling the common hurdles of deal flow and capital shortage. Identify your Growth Friends vs. Maintenance Relationships, and watch your network shift!

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