5 Hour Real Estate Week

Before making an offer on a property, you must have exit strategies in place to properly structure your deals. Listen to this episode to find out the 7 exit strategies effective for real estate investing business. Key Takeaways To Listen For: Wholesaling vs wholetailing Wholesale and wholetail in finance Understanding Buy and hold and Retail Benefits of self-directed Roth IRA Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

By tuning into this episode you'll find out why you should hire a handyman who is also well-educated to get your housework done quickly. Key Takeaways To Listen For: Difficulties in hiring handyman services Vetting your handyman Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Check out this episode to have the right interpretation of what's really a motivated seller, as well as why you should communicate with them. Key Takeaways To Listen For: What is a motivated seller? Importance of knowing who's the real motivated seller Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

For decades, door hangers have been an important part of the real estate business, and it is universal to use eye-catching door hangers. Tune in to learn more on how to use this tool. Key Takeaways To Listen For: Types of door hangers Ways to use door hangers Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

There are just too many buyers but never enough properties for sale in the market right now. This episode will teach you how to stay focused on improving your property portfolio and acquire more rental properties. Stay tuned! Key Takeaways To Listen For: Ways to polish your property management portfolio What to do when you owned rental properties that you don't like Calculations in acquiring a rental property Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Not everyone in the real estate industry has the education or knowledge to advance in the investment business, but investing in your knowledge can give you a significant boost in closing those big deals and working your way to financial freedom. In this episode, Mike shares an exercise that will make you complete a transaction and achieve the right mindset to see the deals that your competition does not. Key Takeaways To Listen For: What is Easter Egg Hunt Method in finding deals The power of education and training to achieving power deals Importance of having an efficient system Getting investment advice from self-proclaimed experts Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

How can you get a step ahead of the competition when purchasing a home? Tune in to learn about a strategy that has been used in the past and is still effective today to save time in finding great deals. Key Takeaways To Listen For: Finding leads without competition Refinancing your home Strategy in buying mortgages Resources Mentioned In This Episode: Book: Who Moved My Cheese? Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Mentorship in real estate is an advantage to take your investing business to the next level. Listen to this episode and hear Tom Zeeb talking about getting a better understanding of the ins and outs of real estate wholesaling. Key Takeaways To Listen For: Disadvantages of believing in the wrong people 3 fatal mistakes of investors Objections in real estate and how to handle them Ways to get a mentor Steps to generate cash flow income Why it's important to achieve your goals Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

In this episode, we'll talk about a must-have tool for real estate investors. Pay close attention to learn how to use this powerful tool as your advantage to make more deals. Key Takeaways To Listen For: How does Deal Machine work What benefits can you get? Resources Mentioned In This Episode: DealMachine | Real Estate Investor & Wholesaling Software Deal Machine 7-day FREE Trial / Use promo code: mbutler for an additional $10 on your account Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Excessive general price increases in an economy can be devastating for many real estate investors. But how does inflation really affect real estate? Tune in to find out how you can escape from this situation and still grow your business. Key Takeaways To Listen For: Why does the price of materials change Real estate prices keep increasing Price cycle in real estate Choosing the right roofing How to adapt when the price of materials increases Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Confusion between federal, state, and local issues is one of the main issues that investors face when dealing with government regulations and often causes miscommunication. This episode highlights the importance of different laws and how to deal with them when you're investing in real estate. Key Takeaways To Listen For: Differences between Local, State and Federal Law Why it's important to have a copy of State Landlord Tenant Law What is Involved under the local laws Joining local real estate groups What to do when receiving security deposits Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Listen to this episode to learn how you should get things in order first before fixing property, and the importance of having an effective game plan to rebuild a house. Key Takeaways To Listen For: Benefits of having connections to find a property Fixing property problems Why you should do things in the right order Disadvantages of finishing the works inside the property first Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

There's no such easiest way to create wealth, so being consistent with your goals and investing in your knowledge will help you to grow in this industry. Dive into this episode and learn from Tom Olmsted as he shares his journey in the real estate business and the things that he has absorbed from Mike to build his success. Key Takeaways To Listen For: Advantages of using resources from Mike Butler's training Benefits of continuous education Decision-making in real estate investing Working with the right people and its impact Ways to implement the Mike Butler system Achieving debt-free with self-directed Roth IRA About Tom Olmsted: Tom Olmsted started out with his job as an HVAC contractor and builder. His wife teaches at Lakeland University in Mattoon, Illinois. He first met Mike Butler at an Illinois State Conference for Investors hosted by Jane Garvey almost 20 years ago. Today, Tom has achieved the lifestyle he used to dream about. He has almost all of his rental properties paid for and is aggressively building his ROTH IRA for him and his wife. Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Check out this episode to learn about the purpose of a business card and the benefits of using them for your real estate investing business. Key Takeaways To Listen For: Rules in purchasing business cards What should be on your business cards Call-to-action Things to do with your business cards Examples of bad cards Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Thieves are exploiting the internet, especially in the real estate industry. You must work out the details or data you place on the internet to put a stop to these offenders. Listen to this episode and learn how to prevent scammers from taking advantage of the internet and your properties. Key Takeaways To Listen For: Common denominator for internet scams Importance of pre-screening your applicants What thieves do on your website How to keep your property safe from scammers Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Applying for a high-interest loan to close a deal when you don't have the cash to invest will almost certainly cause some problems. In today's episode, Mike talks about why it's important to believe in additional creative financing when you are closing real estate deals. Key Takeaways To Listen For: Closing off a rushed deal Loaning at 48% interest rate What to do with a deal What's the reason behind 48% interest The best time to make your offer Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

In today's episode, Mike shares a story on how investors that are limited on time could be effective as long as they have this method up their sleeves. Key Takeaways To Listen For: Fiduciary responsibility with the real estate owner Advantages of making an offer and closing the deal Why you should use "Mike Butler Investor Pledge" in looking for a property Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Education plays a big part in your master plan to initiate your business into a success. Searching for the right people to work with is also a priority so that every aspect of the business can be filled correctly. In this episode, John Hickman talks about his journey in the real estate business, and why it's important to have a system and mindset of being organized. Key Takeaways To Listen For: Having a gameplan to start and grow quickly John's life-changing strategies after implementing his systems Biggest highlights of getting started in real estate What is "deal flow" and how to improve it Organizing balance sheet and financing sources Ways to determine how much to offer in a property Importance of realizing that real estate business is a great way of investing Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

In this episode, Mike talks about the most effective and efficient way of using a business magnet card for real estate agents. Stay tuned for more episodes! Key Takeaways To Listen For: What kind of business card to use Ways to give out your business card magnets Using the client's first name basis Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

It is important for someone who's in the real estate business to research what to utilize and how to save money, especially in the current market situation. Tune in to this episode and learn some of the resources that could easily help you adjust to the new market update. Mike also shares some advice on how to use these resources properly. Key Takeaways To Listen For: Deadline for filing taxes and maximizing your HSA contributions Eviction moratorium ruled as unconstitutional Focusing on lease violations What to do when tenants can't pay their rent and utilities Borrowing money from the SBA Taking advantage of low and fixed interest rates Resources Mentioned In This Episode: CamaPlan Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

How much money should you have each month to cover all your living expenses while allowing yourself to have the life that you wanted? In this episode, Mike discusses how to fulfill your life with the things that you wanted to do. Key Takeaways To Listen For: How you can get and identify your happy camper number How to safely invest for 20 rentals in 3 to 5 years What you can do if rental properties don't work in your town Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Most neighbors compete to see who can get the most money out of a deal, but it's not always about the price that makes a good deal. Competition causes you to concentrate on the wrong things. Tune in to this episode as Mike shares a case study on why understanding the rules of engagement is important when looking to close a deal the right way, and not just focusing on the price. Key Takeaways To Listen For: What is caveman investor buying blueprint Negative effect of competing when closing a deal Importance of having control over the terms of a contract Why you should have the mindset of "Price Doesn't Always Make Killer Deals" Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Starting up a business in real estate can be challenging especially if you will not get yourself educated about how this business works. Someone needs to be prepared as investing also involves risks. Having systems in place, a proper mindset, and working with the right team could ease your way to reach your goals easily. Tune in to this episode and learn from Mike's guest Cliff Hayden on what he had learned in growing up his business, and making a fortune while having the time freedom for his family. Key Takeaways To Listen For: Things that may change when you attend a bootcamp for real estate Transition from a full-time job to real estate investing Getting the right deals by asking questions and making an offer Biggest challenge in managing and growing rental properties Impacts of knowing who you can trust for the growth of your business Importance of setting goals, putting systems in place, and building a team Walking through the property before making an offer Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Follow-up is one of the most effective strategies to make more deals in real estate. One key element is to be consistent with your clients in using this method to establish a connection. In this episode, Mike gives some tips on how to effectively use a follow-up system. Key Takeaways To Listen For: Tools that you can use to grow your real estate investing business safely Significance of having a follow-up system Giving your real estate lawyer a power of attorney Things you can do to effectively use a follow-up system Resources Mentioned In This Episode: Redfin Zillow Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Like most businesses, real estate is now adapting to the digital era. It is important for someone who's starting in the business to research what to utilize and how to save money for marketing. Tune in to this episode and learn from Mike about some of the effective resources for marketing strategy, and how to use them properly. Key Takeaways To Listen For: Purpose of creating and crafting a business card Benefits of having a website, and how to drive sellers and tenants to your website Inclusions and Benefits of Gold Membership with Mike Butler What is Deal Machine Software/App and how it works for the real estate business Purchasing the right magnets for your business card Resources Mentioned In This Episode: Zoo Printing (for business cards, door hangers, and yard signs) Vista Properties, Inc. FREE Investor Carrot Website Deal Machine (Use Promo Code: "mbutler" and Mike will put $10 in Your Account) For coaching session setup, click here. Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

If you're one of those who are planning to start in the real estate investing business, getting yourself educated about its process is the first step in achieving your goal. The more you learn new things, the more opportunities will come your way. Today, Mike highlights the importance of education and shares some of the resources that you can use to start building your wealth. Key Takeaways To Listen For: Importance of setting goals for education every year Why education is a mandatory part of your annual budget Importance of working with a mentor/coach who has a proven track record Going to a Real Estate Agent School to learn things about real estate Emphasizing Fair Housing Training to know the do's and don'ts about residential housing Benefits of attending free investor training webinars Resources Mentioned In This Episode: FREE Fair Housing Training "Power Lunch" FREE Investor Training How to Make Your 1st Million With Your Job Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Delegating tasks to somebody is not easy, so it is important to hire the right people for your team. Having efficient systems in place is also one of the factors to success. In today's episode, Mike shares how he achieved his success by having a strong team of experts and systems that makes his investing business more efficient. This episode will also teach you how to get the best people to build your real estate team. Key Takeaways To Listen For: How to exceed your goal by creating a simple and effective system Importance of having a follow-up machine in producing real estate deals Creating one system to handle absolutely everything in your real estate business What is Investor Books Pro System with Tenant Tracking and how it works for real estate Building your team of experts to achieve your goals Asking questions during the screening process before hiring people Resources Mentioned In This Episode: Investor Books Pro System Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Many people come up in buying an investment property because it always has the potential to grow. It can be very crucial to choose the right property because mistakes are often more expensive. Today, Mike talks about the different types of investment property. This episode also focuses on some of the things that you need to know about single-family and multifamily apartments. Key Takeaways To Listen For: Things that most people don't know about single-family vs multifamily apartments Disadvantages of apartment building in case of fire accidents Advantages of single-family homes in terms of expenses and owner's financial responsibilities Common problems with tenants in multifamily apartments Why it's safer to invest in single-family homes Understanding commercial real estate before investing in it Considering cash flow opportunities in choosing the right investment property Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Buying a property is not easy because it involves a large amount of money. Crafting the right offer is important, so you can avoid spending too much on a property. In today's episode, Mike shares his investor pledge and how it helps in making a wise decision when looking for the right property for investment. Key Takeaways To Listen For: Purpose of Mike Butler's Investor Pledge in looking for motivated sellers and property Real estate agent's responsibility in a deal Importance of taking time to view and walk through the property Making an offer regardless of the appearance of the property Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

People often talk about numbers before buying or selling a property for investment. If you're planning to start a real estate business, it is highly important to get yourself educated about the process and the market that you're in. Today, Mike shows you how to calculate and run numbers for rental and retail properties. This episode will also help you in making an intelligent offer and get more real estate deals. Key Takeaways To Listen For: Expenses to consider in running numbers for a rental property How to calculate numbers using financial calculators to see if a rental property will work for you Taking advantage of low interest rate How to run numbers for a retail property Calculating Maximum Allowable Offer (MAO) for a retail property One thing that you shouldn't do when retailing a property Resources Mentioned In This Episode: Financial Calculators Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

In real estate, an exit strategy is a way for an investor to reinvest in more deals while growing. It is also used by most investors to expand their portfolios for bigger opportunities. Today, Mike highlights the importance of learning exit strategy for profitable investing and mitigating risks. This episode also gives you an additional knowledge about the basic strategies commonly used by investors. Key Takeaways To Listen For: What is Wholesaling and how it works Producing income through Buy & Hold (Rental) Retail (buying and selling properties) Advantages of wholesale over other basic exit strategies Importance of knowing the exit strategy that fits for your property Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Finding a great investment property is challenging enough, and what makes it more difficult is to finance it. Getting yourself educated about the sources of funds for your property and deals is a great way to start your investing career in real estate. Today, mike shares some of the resources for fast cash that can really help you in financing your real estate deals. Key Takeaways To Listen For: Advantages of a cash buyer over other investors in getting great deals Some resources where you (Investor) can find fast cash What is Home Equity Line of Credit (HELOC) and how it works Borrowing money using your Life Insurance Policy Getting an investor loan from a Credit Union Things that investors should know when borrowing money from private lenders Convenience of having resources for fast cash Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Buying the right rental properties is challenging for most investors. It takes not only time and effort but also money. In this modern world, technology is a tremendous help for investors to save time choosing the right property. In this episode, Mike talks about some of the things that you can utilize for free to make your investing more efficient. Key Takeaways To Listen For: Creating a BUSINESS NAME and SLOGAN that matches what your business does Benefits of FREE Google Voice Number and How it Works for Your Real Estate Business Importance of LOCATION and Investing in Your Own Backyard Things that you should be looking for a rental property How to find ONE COUNTY to do your Buy and Holds Why it's important to learn your market after choosing your county What is CamaPlan and its benefits for investors Resources Mentioned In This Episode: CamaPlan Vista Properties, Inc. Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

If you want to get into real estate but are restricted by your current job. There is no other podcast that caters to people who work and have little time to devote to real estate investing. This podcast is created for you! Listen to the free courses from Episodes 1-9! Key Takeaways To Listen For: Should you quit your job and jump to real estate investing full-time What the big promise Things you need to know about this podcast The best way to close a deal while having your own job Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA