Lifetime Cash Flow Through Real Estate Investing

Integrity, Authenticity, Love, Resilience - what are your guiding principles? Your guiding principles can be both personal and for your business. In this episode Rod talks about the core values and guiding principles that run through his companies.

Sam Bates of Bates Capital realized a W-2 job was not going to satisfy his desire to help people improve their lives so he started investing in real estate. He started his real estate journey in 2009 and has been directly involved in the acquisition, reposition, disposition, and asset management of over $150,000,000. Here's some of the topics we covered: Passive vs Active investing Questions to ask a general partner Deal Flow The value of off-market deals Direct to seller deals Best and Final Due Diligence Non-refundable earnest money = Going Hard Day 1 LOI and PSA The importance of environment To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected] For more information on our guest, please visit: http://batescapitalgroup.com/

Not a mind maybe, not a mind wish… a Mind SET. What is your mind set on right now? The positives or the negatives? Growth and success or problems and failures? What you set your mind on determines your path and journey through this life. Choose wisely what you set your mind on and make it stick!

Warrior Ryan Dworak started his multifamily journey with a 4 unit. He quickly realized he needed some guidance and joined the Warrior Program. Since that time Ryan and his wife Britni have closed on over 200 doors, half of them as General Partners. Ryan and Britni have a daughter and another on the way. Here's some of the topics we covered: Starting out in Multifamily Transitioning from residential to commercial real estate Pushing through fear Internal and external team The role of uncertainty Unknown potential Your ecosystem Be, Do, Have Importance of mindset To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected]

Van Sturgeon grew up on the south side of Chicago and has built and renovated thousands of homes all across North America. Van currently owns and manages over 1,000 units in Michigan, Ohio, New Brunswick and Florida and is author of multiple books on renovation and rehabbing. Here's some of the topics we covered: How to approach a multifamily renovation Developing a scope of work Screening contractors How to quantify quality Contract consideration Milestones and when to make payments Understanding sequencing To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected] For more information on our guest, please visit:http://VanSturgeon.com

Mike Woodfield has been responsible for overseeing and asset managing $300,000,000 in multifamily deals over the last 5+ years. During that time Mike oversaw the renovation of 2,200 multifamily units totaling $30,000,000 in improvements which created millions in value-add. Mike has overseen the construction of 50 apartment units totaling $7.2 Million in construction loans. Here's some of the topics we covered: The importance of curb appeal The 4 P's of asset management Having an Asset Management Plan The power of accountability Trust but Verify Pricing strategies Asset management KPI's To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected] For more information on our guest, please visit:https://www.obsidiancapitalco.com/ Please Review and Subscribe

You will influence more people by being happy and playful. Creativity and innovation comes about when you are being playful. Plato said you can discover more about a person in an hour of play than a year of conversation. Be happily achieving. Be present, fun, curious and playful and build the life you deserve.

Warrior Phil Klima runs a successful car dealership and got into single family housing. After closing on a 31 unit deal he quickly discovered the advantages of multifamily. Phil has built a portfolio of total real estate assets valued at just north of $20M and total units just over 300 without syndicating. Here's some of the topics we covered: The Cleveland market The tax advantages of multifamily The goal of reaching your potential Making business fun Keeping continuity when taking over a property Best way to get started in multifamily Don't wait to buy real estate, buy real estate and wait The value of setting high goals To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected]

Keith Weinhold started his multifamily journey with a 4-plex in Anchorage Alaska of all places. Since then Keith has become a bestselling author and podcaster in the Commercial Real Estate space. Keith has been on the show previously as one of my earliest interviews: Episode #89 Here's some of the topics we covered this time around: The problem with compound interest The power of financial leverage Other People's Money x 3 The Inflation Triple Crown Winning with Inflation The 5 profit centers of multifamily Diminishing your prosperity by being debt free To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected] For more information on our guest, please visit: https://www.getricheducation.com/ Please Review and Subscribe

Putting things into motion quickly for a competitive "leg up". Rapid implementation involves identifying opportunities and quickly responding to new problems. Rapid implementation can also help your company or team achieve their goals by quickly responding to changes in the economy, changes in local and national politics, and changes in consumer sentiment.

Warrior Tien Truong graduated from Long Island University with a Doctorate of Pharmacy. Tien is now a full time multifamily investment specialist spending her time buying large apartment complexes, and helping others learn how to achieve low-risk double digit returns. Her mission is to educate and present opportunities that will help others achieve cash flow and financial freedom, just as she has. Here's some of the topics we covered: Letting go of fear Building your team Magic number of doors (Sweet Spot) Overcoming roadblocks The value of self evaluation Partnering with experience To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected]

Sandhya Seshadri is an experienced general partner in all aspects of multifamily from broker relationships, underwriting, analysis and raising capital to close syndication deals. Her background gives her a unique view of what it takes to be a successful asset manager. Here's some of the topics we covered: What skill set can you bring to the table Leveraging the experience of your team The value of info from property management companies The basics of good property management Your properties' business plan How to implement value-add projects Renewal strategies Leveraging Bridge Debt vs Agency Debt Leveraging the learning from passive investments To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected] For more information on our guest, please visit: http://multifamily4you.com Please Review and Subscribe

Your level of success is dictated by your level of self mastery. Mastering others is strength, mastering yourself is true power - Lao Tzu. Self Mastery means being decisive and controlling your thoughts. Self Mastery requires getting outside your comfort zone and taking risks.

Warriors Jon and his wife Sam Wells have been crushing it in the space while working two full-time jobs, and raising two kids. The two currently own as General Partners over $10+MM in Multifamily assets across 172 units. They are also Limited Partners in 2014 units across 5 Multifamily assets. Here's some of the topics we covered: Defining roles Overcoming scarcity mindset The power of leveraging brokers Shared goals Time blocking Burning the ships Pushing through dry spells To find out more about The Warrior Program: Text CRUSH to 72345. Please Review and Subscribe

Robert Allen is the author or co-author of some of the most influential financial books of all time including the New York Times mega-bestsellers Creating Wealth, Nothing Down, Multiple Streams of Income and The One Minute Millionaire. Combined, his 11 books have sold over 4,000,000 million copies and have spent almost 100 weeks on the New York Times bestsellers list. Here's some of the topics we covered: Exposing the lies of wealth Cash, Cash flow, credit and collateral Commitment, clarity, consequence, confidence Make your dreams more real than your fears The three skills The importance of mindset Overcoming failure What do you really want? To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected] For more information on our guest, please visit:https://RobertAllen.com Please Review and Subscribe

A target is something you aim for, an objective that you want to reach. A target is something that will provide a sense of accomplishment, fulfillment, and satisfaction when you hit it. Napoleon Hill said, "Set your target and keep trying until you reach it." Whatever target you aim for, it needs to be specific, realistic, and meaningful. Are your efforts producing bull's eyes? If not, you need to work on your aim and refine your shot.

Warrior Paul Hassebroek developed a love of entrepreneurship at an early age, growing up working in a family-owned repair shop in rural Iowa where his parents owned several rental homes. His portfolio currently holds 521 units, all in a sponsor/GP capacity. Here's some of the topics we covered: Work life balance The secret to raising money How to build your investor network when just starting out How to work with a Family Office The advantage of being with like minded people The importance of being resourceful Vision boards Know where you are going To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected] For more information on our guest, please visit: https://www.linkedin.com/in/hassebroek Please Review and Subscribe

Eng Taing is an economist by training, from the Wharton School of Business. He also has experience leading data science and analytics at Apple, Capital One and AT&T. He applies that experience when identifying and underwriting investment opportunities and markets. What's so inspiring is that Eng was born in a refugee camp in Thailand. Here's some of the topics we covered: Assisted living facilities Independent living through Skilled nursing care Staffing considerations Opportunity zones Communication skills Telling the Why, When and How Relatable and simple The value of resilience How to start out in real estate To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected] For more information on our guest, please visit: http://Touzicapital.com

With time and consistency you can conquer anything. Like water through rock, consistency carves out miraculous results. There aren't any shortcuts. Consistency is not about perfection, it's about never giving up. Persistence attains while consistency retains.

Warrior Rasool Mutawakkil is a financial wizard! He specializes in financial analysis and underwriting to determine an investment's potential. As a U.S. Army veteran intelligence operative, his attention to detail, work ethic, and desire to serve others with pertinent information are his primary drivers. Here's some of the topics we covered: The value of sales training How to network Mailbox money Stress testing a property Your peer group A shift in mindset Maximizing opportunities Analysis paralysis To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected] Please Review and Subscribe

Mark Victor Hansen is best known as the co-author for the Chicken Soup for the Soul book series and brand, setting world records in book sales, with over 500 million books sold. Mark also worked his way into a worldwide spotlight as a sought-after keynote speaker, and entrepreneurial marketing maven, creating a stream of successful people who have created massive success for themselves through Mark's unique teachings and wisdom. Mark and his beautiful wife, Crystal Dwyer Hansen, have co-written their newest book called, ASK! The Bridge from Your Dreams to Your Destiny. Here's some of the topics we covered: The power to ask The size of your question determines the size of your result Who to ask The power of giving 7 roadblocks to asking When you change your thinking, you change your life. Only two opinions matter Unfolding your baggage Questions get you through every problem Linear vs Exponential thinking Quantity plus quality of service, coupled with positive mental attitude, equals unlimited compensation. Visualize to realize and materialize You can't fix stupid To find out more about our guest:https://www.markvictorhansen.com/ To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected] Please Review and Subscribe

You can do anything, but you can't do everything. Delegate the things you shouldn't be doing. Surround yourself with great people, delegate authority to them, then get out of their way. Don't tell people how to do things, tell them what to do and let them surprise you with the results. Together everyone achieves more - TEAM. Give them the power and authority - you are creating leaders.

Whitney Sewell began his real estate investing career in 2009. Whitney's passion is working with investors, helping them secure financial security via the exceptional opportunities that multifamily syndication offers. Whitney and his wife Chelsea are on a mission to help other families through the process of adoption. They have personally endured the financial burdens that the process puts on families and have committed 50% of their profits to this goal. Whitney and Chelsea have three children by adoption. Here's some of the topics we covered: The team at home The value of daily actions The value of small wins over time Success habits Your goals should define your habits Importance of your morning routine The Lifebridge Foundation Paint the picture for your family The value of mentorship Complimentary skills in partnerships To find out more about our guest:http://thelifebridgefoundation.com To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected] Please Review and Subscribe

Understanding the habit loop is critical to mastering and developing Power Habits. Power habit hacks include journaling, meditating, making your bed, and affirmations. These small wins become habits that become bedrock habits to build upon.

Dwan Bent-Twyford started as a broke, single mom who had been fired from Denny's. Now having flipped over 2,000 deals herself, Dwan is more than qualified to share her vast knowledge of real estate investing with America. She's a hoot and we had a blast. Here's some of the topics we covered: Branding for attention Creating reach How to stand out in a crowded marketplace Current situation and short sales Don't be afraid, be aware What is a short sale Haggle with a purpose To find out more about our guest:http://dwanderful.com To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected] Please Review and Subscribe

Proper planning is present you taking care of future you. Planning is the key to a successful life of meaning and impact. Having a plan is like having a roadmap of where you are going. Planning is having a destination, having a roadmap, having a vision, and executing.

Paulina Likos is an investing reporter with U.S. News and World Report and has worked at Fannie Mae as a credit risk analyst. We had a great discussion about the proposed infrastructure and its impact on us as investors. Here's some of the topics we covered: Trillions vs Billions Improving and building new infrastructures Climate crisis Clean Energy Made In America Tax Plan Global Minimum Tax Rate 10301 Exchange Implications on investors Who will benefit the most Please subscribe for more in-depth analysis of the Real Estate Market.

Don't postpone celebrating your victories. Take time to stop and acknowledge your progress, no matter how small it is. Tips for success: Be on the lookout for progress. Acknowledge the accomplishment. Make big accomplishments a big deal.

Kyle Mitchell is co-author of the book Best In Class: How to Manage Your Multifamily Asset, Avoid Mistakes, and Build Wealth through Real Estate. He is also a managing partner of APT Capital Group, offering busy people the chance to invest in real estate with experts who are aligned with their goals. Here's some of the topics we covered: Difference between Asset and Property management 3rd party property management Frequency of communication What details to focus on Adding value to potential residents Importance of training and what to train on Renewal letters Developing culture To find out more about our guests:https://www.aptcapitalgroup.com/ To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected] Please Review and Subscribe

As you come out from the isolation of the pandemic and into some new environments, make sure your physical environment, your mental environment and your social environment are all working together to empower and excite you. Stand guard at the gateway to your mind AND your physical and social surroundings. Only bring good things into your environment and good things will happen.

Jenny Gou and Steve Louie both come from corporate backgrounds in sales and management. Jenny and Steve partnered and soon were leveraging their analytical and relationship skills to take down multifamily units - and a lot of them! This is a great example of setting your goals and going for them. Here's some of the topics we covered: You HAVE to SET GOALS! Single family investing vs Multifamily investing The lessons in failures Leaders "walk the floor" The value of taking ownership "Do your job well and something great will happen" Start with your "Why" The definition of success To find out more about our guests:https://verticalstreetventures.com/ To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected] Please Review and Subscribe

You must have a strategy that you evaluate regularly that ties in your various tactics. Without a strategy, your tactics are the noise before failure. How do you successfully strategize? First you've got to have a vision and a goal. Second, formulate and write down your plan. Third, write down the monthly, weekly, and daily executables to implement the plan Finally, check in weekly to align yourself.

Megan Lamke was over $500,000 in debt and leveraged her superpowers to get debt free within 5 years. She shared her expertise with syndicators and was able to get written into the general partnership of deals she was involved with. Megan currently holds over 2000 doors and half a billion dollars in assets. Here's some of the topics we covered: Discovering your superpowers Investing in your tech stack All in one vs fractional tech stack Using automation Client acquisition Providing a great investor experience Creating reach The value of targeted messaging Happily achieving Overcoming analysis paralysis To find out more about our guest:https://meganlamke.com/ To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected] Please Review and Subscribe

Constant and never ending improvement is only achievable when you are radically flexible. Adaptability = flexibility and humility. Flexibility is freedom from the paralysis of analysis. Be flexible so you can adapt to the winds of change and not snap in the breeze of life.

Pasha Esfandairy has a very interesting path. After dropping out of college to pursue professional poker, he soon started flipping homes. He quickly realized that the leverage that multifamily real estate provides was for him and he went 'all in'. Here's some of the topics we covered: The value of emotional intelligence Going it alone in multifamily The power of people to accelerate your results Building relationships Life's biggest lessons Power moves to those who serve Setting up benchmarks The value in giving back To find out more about our guest:https://www.linkedin.com/in/pasha-esfandiary-a7695496/ To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected] Please Review and Subscribe

Brendan Kane is an outside of the box thinker, speaker and author who empowers brands to scale by helping them stand out and beat competition in crowded and oversaturated markets. He is the author of the international best-selling book One Million Followers and the newly released Hook Point: How To Stand Out In A 3 Second World , as well as the founder and CEO of the Hook Point agency. Brendan has worked with hundreds of individuals and brands providing business and digital strategy for more than 15 years, including MTV, Taylor Swift, Rhianna and many others. Here's some of the topics we covered: Content is king Grabbing attention Holding attention Recognizing patterns Understanding the one to one connection Contextualizing information The noise of ecommerce "Nobody Cares" Lead with pain point To find out more about our guest:https://hookpoint.com/ To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected] Please Review and Subscribe

Chris Miles became financially independent twice by the time he was 39. Chris speaks from experience when teaching real estate investors how to quickly create cash flow and lasting wealth. Here's some of the topics we covered: Gambling on appreciation Multiple streams of passive income Passive businesses The value of a franchise business Focus is power Why a 401(k) "won't get you there" How to get investment money to pay you twice Questions to ask a General Partner Freeing up cash To find out more about our guest:http://moneyripples.com To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected] Please Review and Subscribe

Every day you have a choice. The choice is to act or to not act. Every day you wait, is a day you will never get back. When you stack up action days, you progress tenfold compared to when you stack up non-action days. Having a sense of urgency and taking action is what creates winners in the marketplace of ideas. Execution is key. Be urgent!

TJ Tijani graduated from the University of Houston with a degree in Mechanical Engineering in 2012. While working in the oil and gas industry, he bought his first investment property in 2015. In 2017, TJ discovered the short term rental strategy and hasn't looked back. His portfolio now consists of a mix of single and multi-family properties that he buys, remodels, furnishes, and turns them into full time short term rentals. He also has full time units that he rents via a rental arbitrage. Here's some of the topics we covered: AirBNB Rental Arbitrage Proximity matters Proper amenities Know your demographic Managing turnovers Tech stack Photo tips To find out more about our guest:http://strroadmap.com To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected] Please Review and Subscribe

To act, speak, or think as one wants, without hindrance or restraint. Freedom is a state of mind. "When we are no longer able to change our situation, we are challenged to change ourselves" - Victor Frankel. Freedom requires self discipline and self control. Without these you become a slave to your own weaknesses.

Glenn Hamburger is a Certified Financial Planner as well as a Certified Wealth Strategist. His goal is to help people with not only their Wealth and Financial goals in mind, but also with their health, fitness, and mindset. He has been involved in the Commercial Real Estate industry in both his career and personally for several years and is currently invested in over 200 doors. Here's some of the topics we covered: Wealth creation The abundance mindset The value of health and wellness Who multifamily investing is best suited for Why cash flow is king Aligning with people that compliment your strengths How to get started in multifamily The health / success relationship To find out more about our guest:http://highperformancegenx.com/ To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected] Please Review and Subscribe

Trevor Mauch is the host of the CarrotCast podcast & CEO of Carrot, one of the nation's fastest growing companies according to Inc Magazine, where they have helped the nations top real estate investors and agents pull in over 3 million online leads in just 5 years... closing thousands of deals... with their software and training. Here's some of the topics we covered: The value and benefits of peer relationships The process of finding your purpose Minimizing clutter Maximizing clarity "Is this the best I can do?" Energy audit Evergreen vs Hamster marketing Stacking marketing "bricks" Content that builds authority Localizing your videos To find out more about our guest:https://carrot.com/ To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected] Please Review and Subscribe

Clarity is being certain or definite. Figure out what you love and leverage your passion toward clarity. Clarity gives you momentum and helps you with your focus. When you have clarity, everything seems to fall into place. The more clarity you have around a certain area the more likely you will achieve in that area of your life. Clarity comes from courage.

Warrior Agnes Wong is a real estate investor and developer. She has provided project management and design services for over $35 million of residential developments in San Francisco, California. Here's some of the topics we covered: ARV - After Repaired Value Leveraging your superpowers Sacrificing for success The impact of inflation on multifamily real estate Using a "Sample Deal Pack" to attract investors The value of over subscribing The benefits of a peer group "Determination today equals success tomorrow" To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected] Please Review and Subscribe

John Griggs is Co-Founder and Co-CEO of Presidium Group, a vertically integrated real estate investment and development firm focused on growth markets, primarily in the southern United States. Based in Dallas, TX and founded in 2002, Presidium owns and operates 13,000 apartment units in Texas, Florida, Arizona and Maine with a total asset value of over $2 billion. Here's some of the topics we covered: How to prepare for an economic downturn Third-party vs In-house management The value of real-time knowledge The #1 reason people move out of your complex The value of hard assets today Ground-up Multifamily development Focus on your passion To find out more about our guest:https://www.presidiumre.com/

The most successful people operate from inside their passion. The Passion progression: Competence, Confidence, Influence. Massive action and energy = magnificent achievement. Build upon your strengths. Passion builds your energy.

Brian Doyle started house hacking back in his college days and worked his way up to 500 doors. This wide ranging conversation has crucial information for anyone wanting to get started in real estate investing. Here's some of the topics we covered: Should you manage your expectations? House hacking The power of passive income $8 richer Accidental landlords Using your "Strategic Advantage" Maximum effort brings maximum freedom Why you should avoid condos Living below your means The power of focus Time blocking Figuring out your "Freedom Number" To find out more about our guest:https://www.linkedin.com/in/briangarydoyle/ To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected] Please Review and Subscribe

Discovering the keys to happiness. Happiness does not come from achievement, but the journey toward that achievement. This moment in time is your life. Tie your happiness towards the process of achievement. The first person to forgive is the happiest. Look for what is beautiful. Give beyond yourself.

Jens Nielsen retired from his W2 job after five years of real estate investing. As a self described introvert, Jens found his "sweet spot" in multifamily by identifying the right partners, the right areas, and the right properties. Here's some of the topics we covered: How small thinking leads to small deals Vetting potential partners Who to align with for maximum results The intentions of relationships Life is about the journey Acquisition Fees Personal growth To find out more about our guest:https://opendoorscapital.com/ To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected] Please Review and Subscribe

What does talking about your love languages have to do with real estate? EVERYTHING! It's foundational. The 5 Love Languages® is one of Dr. Chapman's most popular titles, topping various bestseller charts for years, selling over thirteen million copies, and has been on the New York Times best-sellers list continuously since 2007.Dr. Chapman has been directly involved in real-life family counseling for more than 30 years, and his nationally-syndicated radio programs air nationally on Moody Radio Network and over400 affiliate stations. Here's some of what we covered: Words of affirmation Acts of service Gifts Quality time together Touch The three eye opening questions Lessons from cancer The uniqueness of the soul How to handle anger To find out more about our guest:http://5lovelanguages.com To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected] Please Review and Subscribe