One Rental At A Time

Don't you love it when Friends try and help you but don't really understand the ins and outs of real estate investing.  They mean well but sometimes what they think is a negative is actually a huge positive.

Subscriber Question: How do you know you have a good CPA and should your CPA live where you are?

Sean is a returning guest and in this episode just dropped some big news.  He Quit his W2 Day job and now is now a full time real estate investor in the Bay Area.

Please Research your Turnkey Provider as Much as your Market.

Duy's story is one of inspiration and shows how full time employees can start with a side hustle and grow from there.  Starting in 2012 part time and goes full time in 2019.  Just started hiring people and is now looking at a 57 Unit ground up development.

I was asked in an Interview about my experience helping new investors and specifically what has been the difference between helping Men and Women start.

Sometimes people talk about Multi Family like it is this mythical thing and bigger is always better.  Well maybe.

As we approach 100 students in my Online Course I thought it was time to share what I am seeing and learning from the group.  It is clear the group is full of buys professionals interested in buy/hold and that want to reduce their risk.

Never forget where the focus needs to be at the beginning and that is at Home.

I first met Will 10+ years ago on BiggerPockets and to see what he has done over the last decade is truly impressive.   If you follow Will on BiggerPockets you know he is authentic, cares and is the real deal.  Thank you Will for being a Class Act all these years.

I get asked all the time, why are you focused on Creating Pride of Ownership Rentals?  Frankly I enjoy the process of turning an ugly slumlord property into a great rental.  Which is great but I do it because I firmly believe Pride of Ownership rentals should have been what I bought 15 years ago and didn't as I bought Cheap property and wasted my money.

Thanks to Fearless Flipping for Recording this live Meetup.  It was a lot of fun and I love speaking with New Investors.

Sorry but Bigger is NOT Always Better Multi Family is as Over Valued as Bitcoin at $20,000 Multi Family is a Crowded Trade with limited Supply so Prices extend to silly valuations just like Bitcoin at $20,000

Part 1) Adam and Bobby from The Valley Investors shares with us how they Flip homes in the Bay Area where they buy a Junker for $1.0M+ and then Flip for a Profit.  They share lots of gems in this quick interview about Good Karma, Teams and Giving Back.  Thank you Adam and Bobby for being Great People.

Got a Subscriber Question that I wanted to share with you and get your feedback on.

Please don't be in a Rush, Please learn your market and don't take chances with your hard earned capital.

Speaking at Real Estate Meetups is a lot of fun.  If you happen to belong to a Real Estate Meetup and would like to have a Buy and Hold investor come talk to the group please reach out and we can talk.

After hearing so many stories of New Investors losing money with the BRRRR Method I had to take a stand.   I know you want to believe it is Easy and You can do it with None of Your Own Money over and over again in any market at any time.   I am sorry it is just not that easy and the amount of failure points in the BRRRR method are huge and not talked about enough. I created this video because I was tired of new Investors losing money and giving up becuase they chose a strategy that does not match their personal constraints.

I get asked all the time by new investors.  What would you do if you had to start over.  After some time I created this 6 Step Framework

Subscriber Question: Tell us about your morning Routine.

Subscriber Question: What are your thoughts on investing in 3 different markets because a Turnkey Provider is in multiple markets

I am starting to see too many Investors act like they can't miss when making out of state investments.

Kyle shares with us how the motivation to stop exchanging Time for Dollars, reviews first flip, and where he is taking the Fearless Flipping Brand.

Beau Eckstein joins us today to share his powerful message of Honest Self Reflection,  Massive action and Doing the Hard things keys future success.  Beau gives so much in this interview you might need to listen twice

I keep telling people I buy out of the MLS all the time and they can't believe it.  The trick is I put in work to learn my market and now can answer the question - What is a Bad, Average, Good and Great Deal in my market.   I can teach you how to learn your market but you must put in work and not be in a Rush to try and short cut the process.

Subscriber Question comes from our book" One Rental at a Time.  Please tell us more about the how the Index saved you.

I want to help you talk to your kids about money and all things investing.  This Summer Book Report Challenge is aimed at doing just that.

After all these years I can tell you exactly why most New Real Estate Investors Fail. Pretty simple yet very frustrating Reason.

If you are a Subscriber and Have a question please leave it in any video as I like seeing where you have questions and doing my best to answer them.

I admit that I am struggling to create goals that I am passionate about but as I search for inspiration I see lots of people share these monster goals without the raw material for success and that scares me.

Sometimes we get focused on the wrong things and that waste time and we should realize that time is the only thing we can't replace. Is BRRRR a great Option YES.  Is BRRRR the Best option for Everyone NO!!!

Wow Social Media provides so many ways to follow some one these days.

So I retired on California Rental Properties and I suspect if I made the switch 10 Years ago to Texas that I would still be working and that is a shock.  You see everyone says Texas is Great, 10 Day Evictions, Pro Business but wait that Property Tax kills cash flow every year via Resets.

Today's interview is Nancy Wallace-Laabs the author of Winning Deals in Heals.  We discuss everything from using Virtual Assistants to Fighting Property Taxes

Thought it was time I shared my growing Buyers List so everyone stays on the same page and no one feels like someone else is getting special treatment

Thought I would continue to bring you into my world as I am struggling on establishing big goals that drive me everyday.

The 1% Rule is causing new investors to buy the wrong stuff and it will come back to bite them as the business cycle turns.  I used it when I started but I learned very quickly it was forcing me to buy the wrong stuff.

First let me say I am sorry for your loss.   As for Inheriting a Fresno Property you really have 3 Options based on Condition, Speed and how you want your money.  I explain each in this short video.

Thought I would share estimate numbers of Properties I put together for people in my Pride of Ownership Rental Program.

Tracking your goals shows you what is and is not important to you and clearly some of my original goals were not all that important while other were

What does the current version of AB 1482 mean for California Landlords, Investors and Tenants?  My guess is Renters that it aims to help are hurt once again in lots of ways

History repeats itself and investors still suffer from Herd mentality that chase scarce assets to ridiculous prices.

I created this video because something has been bugging me since Mothers Day.  You see my Mom made sacrifices she should not have had to make becuase she was Financially Dependent on a Man and that SUCKS!!!! She was in an unhealthy relationship for too long and as an oldest son it still bugs me to this day that she had to make that sacrifice for her kids. I wish she could have heard this message 30 years ago as she would have crushed this business and she could have ended that horrible relationship decades sooner than it did.

If you are a member of a Real Estate Meetup in California or Nevada let me know as I would love to come share the story of One Rental at a Time with your group.  Also I create unique Presentations for each event so let me know what topic is of interest.

Listen to Justin and Keisha share their story of struggling to be aligned, the desire for job security and raising 4 Daughters while they build a growing empire together. Find Them at www.realliferealequity.com EBook Link https://realliferealequity.com/ebook  To get the Free Books Send email to [email protected] (Make sure you reference my Channel for their Offer)

I believe you are one Skill away and because it is a skill I believe you can learn this skill and be successful. Please Use Coupon code WEB50 to save $50 here https://one-rental-at-a-time.teachable.com/p/how-to-start-one-rental-at-a-time

If you are stuck not making any progress I suggest you do this exercise to build confidence ASAP.

Subscriber Question: What if Interest Rates Go up Slow or Fast?

Real Estate is a Team sport but do yourself a favor and start that team at Home as it will save you time and great frustration.

In a Recent Interview I was Asked: Who should read your book? Great Question but first: Who Should NOT Read my Book --- If you want a Get Rich Quick Program Don't Buy my Book --- If you want a "How To Guide" Don't Buy it If However any of the below are you I believe you will enjoy the book and Get Huge Value. Available on Amazon called: One Rental at a Time --- You were Inspired by Rich Dad Poor Dad --- Work a Full Time Job --- Have Family Resposibilities --- Are in a Relationship --- Want to Invest in Real Estate as a Side Hustle --- Thinking out of Area or Out of State --- Think the Market is Too Hot --- Want to Invest in the Crash --- Attracted to Cheap Properties --- Don't want to Self Manage Please Share and Tag People that NEED to Buy this Book.