All Episodes — Real Estate Investing for Cash Flow with Kevin Bupp

Cash Flow Friday Tip #26: The 3 most common reasons why people get stuck or fail in commercial and multifamily investing and how you can avoid it.

<span style="line-height: 115%; font-family: Arial, sans-serif; font-size: 12pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">In this week's cashflow Friday tip I want to cover a topic that I think all of us can relate to; and it doesn't matter whether you're new or a seasoned investor who has done hundreds or thousands of deals because we've all experienced a point in time where we felt like we had failed at reaching our goal as an investor or maybe it was a time when we were in a rut and couldn't see the light of day. <span style="line-height: 115%; font-family: Arial, sans-serif; font-size: 12pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Today's show is a result of a recent article that I read which was written by Multi-Family investor, Chris Urso and in this article Chris describes the 3 most common ways that investors get stuck and how to get unstuck and keep moving forward toward success. <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Recommended Resources: <ul> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"> Download my free success guide, “7 habits of highly successful multi-family investors” by going to <a href="http://www.kevinbupp.com/guide">www.KevinBupp.com/guide</a></li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2</li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Looking to invest in Mobile Home Parks? Want to JV with me on deals? If so, schedule a call with me and let’s talk. Click here <a href="https://www.timetrade.com/book/FGF7S">https://www.timetrade.com/book/FGF7S</a></li> </ul>

Jul 10, 20158 min

Cash Flow Friday Tip #25: Recap from my recent trip to Iowa to inspect a Mobile Home Park we are purchasing.

<span style="line-height: 115%; font-family: Arial, sans-serif; font-size: 12pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">This week's cash flow Friday tip is a slightly different format than our other Friday shows in that it's not really a tip but a recap from my recent trip to Iowa where I was performing due diligence on a park we have under contract. This will be helpful for not only those who are interested in buying mobile home parks, but also for anyone who is looking for purchase an income property. At the end of the day, your job is to try and match up all of the pieces of the puzzle and identify the ones that don't fit and then determine why. In other words, create the factual story of how the property is really performing, not how the owner told you it was performing. <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Recommended Resources: <ul> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Download my free success guide, “7 habits of highly successful multi-family investors” by going to <a href="http://www.kevinbupp.com/guide">www.KevinBupp.com/guide</a></li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2</li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Looking to invest in Mobile Home Parks? Want to JV with me on deals? If so, schedule a call with me and let’s talk. Click here <a href="https://www.timetrade.com/book/FGF7S">https://www.timetrade.com/book/FGF7S</a></li> </ul>

Jul 3, 201519 min

Ep #76: Advanced Mobile Home Park Investing discussion with the 6th largest park owner in the US - Frank Rolfe

This week we're going to be doing a follow-up interview with Mobile Home Park Investment Guru, Frank Rolfe. Frank was our very first guest way back in January of 2014 when we first launched the show and I thought it would be awesome to bring him back on to get an update on his business and also dive into a little more detailed discussion about mobile home park investments. If you are brand new to the show or if you know very little about mobile home park investments, then I encourage you to go back and listen to episode #1with Frank as it will act as a primer to today's more advanced show. Here’s a few things you’ll learn in our interview with Frank today: <ul> <li class="MsoNormal">An update on his business and how he's been able to amass more than 17,000 pads through 22 different states</li> <li class="MsoNormal">What he likes and dislikes about buying properties from sites like Auction.com</li> <li class="MsoNormal">Why he prefers city provided water/sewer and what you need to consider if you are looking at a park that has private utilities.</li> <li class="MsoNormal">Why some banks don't like private utilities and what you need to know when shopping for financing.</li> <li class="MsoNormal">The reason why Frank prefers using a loan broker for financing rather than going direct to the lenders himself.</li> <li class="MsoNormal">The method that Frank uses to quickly evaluate a park to determine if it's a worth pursuing or if it gets sent to the trashcan.</li> <li class="MsoNormal">Why he prefers parks that have a mixture of both older homes and newer, modern homes.</li> <li class="MsoNormal">Why super Wal-Mart is a quick gauge that Frank uses to determine the strength of a small town</li> <li class="MsoNormal">Why strong single family homes prices are demand drivers for mobile home parks</li> <li class="MsoNormal">What things to look out for during your due diligence on the infrastructure on a park</li> <li class="MsoNormal">How Clayton homes CASH program is revolutionizing the industry</li> <li class="MsoNormal">How banks feel about park owned homes and how to properly evaluate them</li> <li class="MsoNormal">How to properly find and hire a quality property manager for your park</li> <li class="MsoNormal">The rule of thumb when raising rents in a mobile home park and things to consider.</li> <li class="MsoNormal">Franks thoughts on investing in Michigan and what he likes about this state.</li> <li class="MsoNormal">And much more</li> </ul> <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Recommended Resources: <ul> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><span style="font-siz

Jun 30, 20151h 11m

Cash Flow Friday Tip #24: Why self managing your rental properties is a HUGE no-no and what you can learn from my mistakes

In this week's Cash Flow Friday tip I'd like to discuss a recent dilemma I faced with the "one" property I self manage and how it added an obscene amount of stress during my recent 2 week family vacation to Europe and why it's prompted me to sell this property asap. <span style="line-height: 115%; font-family: Arial, sans-serif; font-size: 12pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">The takeaway lesson behind this recent personal story is why you need to focus on being an investor and never take on the role of being a landlord if your goal is to build a scalable real estate empire. Learn from my mistakes and be the smarter investor! <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Recommended Resources: <ul> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Download my free success guide, “7 habits of highly successful multi-family investors” by going to <a href="http://www.kevinbupp.com/guide">www.KevinBupp.com/guide</a></li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2</li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Looking to invest in Mobile Home Parks? Want to JV with me on deals? If so, schedule a call with me and let’s talk. Click here <a href="https://www.timetrade.com/book/FGF7S">https://www.timetrade.com/book/FGF7S</a></li> </ul>

Jun 26, 201514 min

Ep #75: Actionable lessons and strategies from Multi-Family Industry Expert - John Wilhoit

In this week's show we'll be speaking with MultiFamily industry expert, John Wilhoit. John is President of Wilhoit Investment Network, LLC, an owner and asset manager of apartments, condominiums and town homes. John's career has focused on high volume, large-scale multifamily communities including market rate and mixed-finance developments. He has previously held positions with the U.S. Department of Housing and Urban Development (HUD), Apartment Investment Management Company (AIMCO) and the Maryland Housing fund. John is the author of two books: How to Read a Rent Roll and Multifamily Insight Volume 1. He is a prolific writer with more than 200 articles published related to multifamily acquisitions, property management, finance, market analysis and demographics. Multifamily Insight is John’s blog that provides his perspective on the world of multifamily acquisitions, management and investing. Multifamily Insight is consistently at the top of internet search results for topics related to multifamily apartments, property management, asset management, finance, demographics, market analysis and acquisitions. Here’s a few things you’ll learn in our interview with John today: <ul> <li class="MsoNormal">How he got his start in the business prior to becoming an owner/operator</li> <li class="MsoNormal">The opportunity he saw in transitioning from flipping single family homes to multifamily properties</li> <li class="MsoNormal">Why he prefers to purchase properties that are within a few hours driving distance of his home residence.</li> <li class="MsoNormal">The sequential steps that John takes to indentify new promising sub-markets to invest in.</li> <li class="MsoNormal">How he defines a sub-market and why this is important to understand</li> <li class="MsoNormal">The reason you need to first indentify a qualified property management company prior to acquiring a multifamily property in a new market rather than the other way around.</li> <li class="MsoNormal">Why he feels there's no such thing as a "quality" no down deal</li> <li class="MsoNormal">What he would have done differently if he could go back to year 1 of his investing career</li> <li class="MsoNormal">Wh y to never let the deal determine the market and why he feels you need to first target your markets and then seek deals within those markets.</li> <li class="MsoNormal">Why he suggests that new multifamily investors start small (under 5 units) in order to take advantage of the easy to obtain residential financing.</li> <li class="MsoNormal">The reason that you need to first determine your exit long before entering into a deal.</li> <li class="MsoNormal">Why he suggests www.MultiFamilybiz.com for all those who are serious about staying up to date on news within the industry</li> <li class="MsoNormal">And much more</li> </ul> <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; back

Jun 22, 201553 min

Cash Flow Friday Tip #23: No doesn't mean "NO" forever when it comes to making offers on properties

<span style="font-size: 12pt; line-height: 115%; font-family: Arial, sans-serif; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">In this week's Cash Flow Friday tip I want to talk about the offer making process when buying income properly and why it's vitally important for you to have systems and processes in place to continually follow up with sellers and property owners "After" your initial offer was declined or after you lost a property to another buyer. <span style="font-size: 12pt; line-height: 115%; font-family: Arial, sans-serif; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Let me tell you exactly what I mean by this. You see, being that we are all human and our lives are forever changing, circumstances have a tendency to change from day to day which means that although a seller might have declined your offer on Tuesday doesn't mean that their circumstances might change on Friday which will make them a more motivated seller. Throughout my 15+ years as an investor this theory has held true time and time again which has allowed me to buy multiple properties from owners who originally declined my original offer. Most investors take the approach of "once and done" and will completely lose interest in a deal if their original offer gets declined which is the complete wrong approach to take. <span style="font-size: 12pt; line-height: 115%; font-family: Arial, sans-serif; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">So here's what I want you to take away from this week's tip. Whether you're dealing with a broker or directly with a property owner it's your duty as a savvy investor to stay in constant contact with them after your initial offer was declined and this can be through either email or phone and it's up to you to choose the one that best suits that particular relationship. And with technology setting reminders for this type of activity are super simple by using many of the free CRM software systems available on the market, your smartphone, or even the old school method of writing it down in a planner. I don't care how you track it as long as you actually do it. <span style="font-size: 12pt; line-height: 115%; font-family: Arial, sans-serif; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">I can promise that if you'll significantly increase your number of accepted offers if you use this one simple technique, plus it will win you a ton of brownie points with brokers if it's a listed property. So as soon as you finish listening to this podcast I want you to create your follow up plan or system on how you plan to stay in touch with brokers or sellers who have declined your initial offer. <span style="font-size: 12pt; line-height: 115%; font-family: Arial, sans-serif; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"> Recommended Resources: <ul> <li class="MsoNormal">Download my free success guide, “7 habits of highly successful multi-family investors” by going to <a href="http://www.kevinbupp.com/guide">www.KevinBupp.com/guide</a></li> <li class="MsoNormal">Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://w

Jun 19, 20159 min

Ep #74: Strategies for Finding Private Money to Fund Your Real Estate Business - with Mark Hanf

This week we're going to speaking with Mark Hanf who is president of Pacific Private Money Inc., one of the fastest-growing hard money loan brokers in the San Francisco Bay Area. Founded a short time ago in 2008, Mark built his company from the ground up and to over $100 million in loan originations in just four years and has attracted more than 500 private investors to his lending practice. Private money is a very important topic as it's somewhat the lifeblood of being a successful real estate investor. I have yet to meet a successful real estate investor who hasn't used private money in one form or another in their business. In today's show Mark shares some great pointers on how you the investor can start building your rolodex of private investors who can help you fund your next deal. Here’s a few things you’ll learn in our interview with Mark today: <ul> <li class="MsoNormal">Understanding the difference between hard money and private money because they are two completely different things.</li> <li class="MsoNormal">Why every investor needs to create a credibility package prior to pursuing capital for their deals and what to place in this package even if you don't have any real estate experience.</li> <li class="MsoNormal">The best ways to find private individuals who are ripe for becoming for private lenders</li> <li class="MsoNormal">Using meetup.com to find local real estate investment clubs to network and find potential partners and private investors</li> <li class="MsoNormal">Attending self-directed IRA events to network and make friends with the attendees who are looking to use their IRA to invest.</li> <li class="MsoNormal">Why you need to start your own meetup.com Real Estate club if there isn't one in your area that meets your needs</li> <li class="MsoNormal">Why your investors always need to get paid first, even before you get paid</li> <li class="MsoNormal">Why he feels that relationships are everything in this business and are by far your most valuable asset.</li> <li class="MsoNormal">How referrals from your existing investors play a major role in developing your private money database</li> <li class="MsoNormal">And much more</li> </ul> <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"> Recommended Resources: <ul> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Download my free success guide, “7 habits of highly successful multi-family investors” by going to <a href="http://www.kevinbupp.com/guide">www.KevinBupp.com/guide</a></li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><span style="font-si

Jun 15, 201557 min

Ep #73: Crowdfunding talk with Realty Mogul Founder and CEO - Jilliene Helman

This week we're going to speaking with Realty Moguls founder and CEO, Jilliene Helman. Realty Mogul was founded in 2012 with a singular objective: Make it easy for investors to invest in real estate together. With over 15,000 active accredited and institutional investors the Realty Mogul community has invested over $70 million dollars in over 240 properties and there are no signs of slowing down. When seeking out a crowdfunding expert to bring onto the show, several people told me that Jilliene is the person that I needed to talk to. It didn't take more than a few moments on the phone together to realize that she was the person with the expertise I was looking for. She is wise beyond her years, gets straight to the point and says it like it is. If you didn't know it you would think she had been in the real estate industry for 30+ years based on her knowledge and the way she presents herself but she is only 28 years young and I'm positive that you'll be just as impressed with her as I was. Here’s a few things you’ll learn in our interview with Jilliene today: · How crowdfunding is changing the real estate investment landscape as we currently know it · The benefits that Realty Mogul provides accredited investors who have an interest in participating in premium grade investment properties · The benefits that Realty Mogul offers to Real Estate investors who have the need for capital to fund their deals · The process Realty Mogul goes through to vet both the properties as well as the investors to achieve the best match <p class="MsoListParagraphCxSpMiddle" style="m

Jun 8, 201536 min

Cash Flow Friday Tip #21: How to avoid this common HVAC scam

<span style="line-height: 115%; font-family: Arial, sans-serif; font-size: 12pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">In this week's Cash Flow Friday tip I'm going to share with you a very recent situation I encountered with an HVAC contractor on one of our properties here in Florida and how we almost got ripped off. This is an important lesson for anyone who is a landlord or owns income property and has a property management company handling their repairs. <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Recommended Resources: <ul> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Download my free success guide, “7 habits of highly successful multi-family investors” by going to <a href="http://www.kevinbupp.com/guide">www.KevinBupp.com/guide</a></li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2</li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Looking to invest in Mobile Home Parks? Want to JV with me on deals? If so, schedule a call with me and let’s talk. Click here <a href="https://www.timetrade.com/book/FGF7S">https://www.timetrade.com/book/FGF7S</a></li> </ul>

Jun 5, 20157 min

Ep #72: Expert Advice from Multifamily Owner & Property Manager - Mike Sherwood

This week we're going to speaking with multifamily investment and property management expert, Mike Sherwood. Mike began his real estate investing career in 2007 like many of us do, which was by purchasing a small multifamily property to get his feet wet. He bought this investment with the intention of living in one side and renting out the other which proved to be a very profitable approach for his first deal. This initial exposure to the world of real estate investing was all Mike needed to know confirm that he had found his calling as a real estate investor Fast forward a few years and Mike quickly jumped with both feet into the business by starting a full service property management company, fixing and flipping properties, running a local real estate investment club, as well as building his own multifamily real estate portfolio. And get this, this was all while working a full-time job. Here’s a few things you’ll learn in our interview with Mike today: <ul> <li class="MsoNormal">How he built his multifamily portfolio and property management company while working full-time</li> <li class="MsoNormal">The challenges with financing 5+ unit multifamily deals and why starting with a 4 unit or smaller might be easier for the first-time investor</li> <li class="MsoNormal">How he found his first money partner and how this relationship has spawned into a long term business partnership</li> <li class="MsoNormal">The importance of building relationships with local banks and financing institutions</li> <li class="MsoNormal">How he's finding most deals on the MLS</li> <li class="MsoNormal">How he's dealing with a highly competitive marketplace</li> <li class="MsoNormal">What he likes about Buffalo and why he says that it's a great place for investors who like cash flow</li> <li class="MsoNormal">How forming a property management company has helped fund their real estate activities and also provides them access to off market deals</li> <li class="MsoNormal">What the overall infrastructure of his property management company looks like and how he uses technology to help hold it all together</li> <li class="MsoNormal">How he’s been able to grow his business remotely from 700 miles away</li> <li class="MsoNormal">What he would change about his real estate business if he could go back and start all over again.</li> <li class="MsoNormal">And much more</li> </ul> <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"> <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Recommended Resources: <ul> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat:

Jun 1, 20151h 5m

Cash Flow Friday Tip #20: Figuring out your "WHY" and how to use it to grow your RE business

<span style="line-height: 115%; font-family: Arial, sans-serif; font-size: 12pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">In this week's Cash Flow Friday tip we're going to talk about the importance if figuring out your WHY, and what I mean by this is what are the reasons you want to be a real estate investor. This is an extremely important exercise and is one that I suggest every investor, both new and seasoned, do in order to create a roadmap for their investing career. This is an exercise which I learned from Jeremy Cyrier who was a past guest on our show and is a very successful real estate broker, trainer, and investor. I went through this exercise when I was first introduced to Jeremy and it's had a significant impact on my overall focus as a real estate investor. <span style="line-height: 115%; font-family: Arial, sans-serif; font-size: 12pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">For example, my WHY is the following: Spending as much time as possible with my family is priceless because none of us are guaranteed tomorrow and commercial real estate investing provides the vehicle that can generate enough passive income for my family and I to live the lifestyle that we choose and spend the maximum amount of time together traveling the world and experiencing all life has to offer. I will make this a reality by focusing solely on acquiring a significant portfolio of mobile home parks and apartment buildings which can produce a yearly passive net income stream of at least 500k. Based on my calculations this should take approximately 1000-1500 rentable units to achieve my investment goals. <span style="line-height: 115%; font-family: Arial, sans-serif; font-size: 12pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">So there you have it, in a nutshell that is my WHY and this is what I work towards every day. You can develop your own why by answering these following 5 questions and then forming them into one continuous statement. I suggest that once you have your WHY statement completed that you review and tweak on a regular basis and have it in plain sight for all to see. I also suggest that you share it with your family and friends and anyone else who you feel might help hold you accountable to this mission. <span style="line-height: 115%; font-family: Arial, sans-serif; font-size: 12pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">5 questions: <ol> <li class="MsoNormal">Briefly describe what it is you want to do: For example: I want to own 4 apartment buildings in Southwest Florida totaling 500+ doors which produce in excess of 250k in passive income each year.</li> <li class="MsoNormal">Now describe how you will do it. For example: I will do this by building a relationship with every apartment broker in SW Florida and by sending direct mail to all buildings that meet my general criteria</li> <li class="MsoNormal">Describe why you want to do it. I believe that owning 500+ doors in SW Florida will afford my wife and I the luxury to quit our full-time jobs and travel the world with our 2 kids. Owning 500+ doors will also provide a much more secure retirement plan for our family and will allow us to send our kids to the colleges of their choice.</li> <li class="MsoNormal">Why do you want this for yourself? Example: Because my family is my world and I want to opportunity to spend every available minute with them and owning 500+ doors will provide me with that time.</li> <li class="MsoNormal">What are some other reasons you want this? Example: Because I believe that you should enjoy what you do and both my wife and I are unhappy in our current careers . Real estate can be our escape and can offer the enjoyable career path that we both see

May 29, 20158 min

Cash Flow Friday Tip #19: Why CAP rate isn't king and can sometimes be misleading

<span style="font-size: 12pt; line-height: 115%; font-family: Arial, sans-serif; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">In this week's Cash Flow Friday tip we're going to talk CAP rates and why you as an investor need not to get too hung up on this arbitrary number when looking at deals...especially value-add deals. This topic comes as a direct result of a deal our company has been pursuing now for the past few weeks and just got an accepted offer on. I'm going to provide the background of the story regarding this specific deal so you can fully understand why if you were only searching for deals based on a specific cap rate you probably would have passed on this property and you wouldn't be alone because I'm sure there are many others who passed on this deal I'm about to tell you about in today's show. <span style="font-size: 12pt; line-height: 115%; font-family: Arial, sans-serif; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Also, I wanted to give a shout out again to Marco Santarelli from Norada Real Estate Investments for his contribution to the topic we covered in last week's cash flow Friday tip #18. If you haven't had the chance to listen to it I suggest you go and check it out, and if you're not familiar with Marco's blog be sure to go and have a look because it's chalk full of incredible information regarding real estate investing and you can check it out by going to <a href="http://www.NoradaRealEstate.com">Norada Real Estate</a> <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Recommended Resources: <ul> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Download my free success guide, “7 habits of highly successful multi-family investors” by going to <a href="http://www.kevinbupp.com/guide">www.KevinBupp.com/guide</a></li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2</li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Looking to invest in Mobile Home Parks? Want to JV with me on deals? If so, schedule a call with me and let’s talk. Click here <a href="https://www.timetrade.com/book/FGF7S">https://www.timetrade.com/book/FGF7S</a></li> </ul> <span style="font-size: 12pt; line-height: 115%; font-family: Arial, sans-serif; background-image: initial; background-attachment: initial; background-size: initial; background-ori

May 22, 201516 min

Ep #70: Zero to 1,300 Apartment Doors in 5 years - with Chris Urso

This week we're going to speaking with multifamily investment expert, Chris Urso. Chris is the president and founder of URS Capital Partners and has one heck of an impressive story since he went from owning zero multi-family properties in 2010 to more than 1,300 doors today, and in addition to this he has raised more than $18 million of private capital to fund his growing real estate empire. Chris is as real as they come and I’m positive that you’ll enjoy his story and gain a ton of value from what he has to share with us today Here’s a few things you’ll learn in our interview with Chris today: <ul> <li class="MsoNormal">What it took for him to realize that single family investing was a slow way to building massive wealth as a real estate investor</li> <li class="MsoNormal">The story behind his first multifamily deal and what he learned from the experience.</li> <li class="MsoNormal">How he was able to use the residential bird dogs he already had relationships with to help him find multifamily deals</li> <li class="MsoNormal">The economic drivers he looks for in markets he invests in</li> <li class="MsoNormal">Why you need to become an absolute expert in any given market before investing in it</li> <li class="MsoNormal">Why he invests with a 1-5 year horizon in order to keep momentum going for his business</li> <li class="MsoNormal">How he was able to persuade a partner with strong financials and wall street experience to get his first large 100 unit building done</li> <li class="MsoNormal">Why he suggests using loopnet to source brokers for a particular market and asset type</li> <li class="MsoNormal">Why he also suggests to not ignore overpriced deals on loopnet and to make an offer…no matter what.</li> <li class="MsoNormal">Why he suggests to always do your due diligence and not take anyone’s word especially the brokers.</li> <li class="MsoNormal">And much more</li> </ul> <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"> <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Recommended Resources: <ul> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Download my free success guide, “7 habits of highly successful multi-family investors” by going to <a href="http://www.kevinbupp.com/guide">www.KevinBupp.com/guide</a></li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-

May 18, 201550 min

Cash Flow Friday Tip #18: Understanding the difference between linear & cyclical real estate markets

<p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">In this week's Cash Flow Friday tip we're going to talk about linear and cyclical real estate markets and how to identify each. It's vitally important to know which of these markets you're current invested in so that you can properly plan your overall investment strategy. And I want to be sure to give credit where credit is due and acknowledge Marco Santarelli from <a style="font-family: Georgia, 'Times New Roman', 'Bitstream Charter', Times, serif; font-size: 14px; line-height: 21px;" href="http://NoradaRealEstate.com" target="_blank">Norada Real Estate Investments</a> because this topic we'll be speaking about today was a result of one of his recent blog articles. Marco is a incredibly astute real estate investor and is an expert at what he does. His company <a style="font-family: Georgia, 'Times New Roman', 'Bitstream Charter', Times, serif; font-size: 14px; line-height: 21px;" href="http://NoradaRealEstate.com" target="_blank">Norada Real Estate Investments</a> are one the early pioneers of the turn-key investment space and have been at it for more than 13 years making them the absolute experts in this space. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Recommended Resources: <ul> <li class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Download my free success guide, “7 habits of highly successful multi-family investors” by going to <a href="http://www.kevinbupp.com/guide">www.KevinBupp.com/guide</a></li> <li class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2</li> <li class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Looking to invest in Mobile Home Parks? Want to JV with me on deals? If so, schedule a call with me and let’s talk. Click here <a href="https://www.timetrade.com/book/FGF7S">https://www.timetrade.com/book/FGF7S</a></li> </ul>

May 15, 20158 min

Ep #69: How to capitalize on the wave of distressed CMBS loan maturities - with Salvatore Buscemi

This week we're going to speaking with real estate and investment expert, Salvatore Buscemi. The topic of discussion for today's show is regarding the wave of CMBS loan maturities that are taking place right now and will continue over the coming years and how we as investors can find opportunity in these distressed commercial assets. To provide you a clearer picture of why this represents an exciting opportunity, these CMBS loans are typically 10 year terms which means most of these loans coming due were originated during the peak real estate markets of 2005-2008 before the financial crash of 2008 and majority of them were very high leverage loans (as high as 90% LTV) and a large quantity were interest only terms which means they're are upside down in value and would require a large amount of cash from the borrower in order to get out from underneath it. Sal also is giving a free copy of his book "making the yield" to the first 20 listeners who go to the website and register <a href="http://www.MakingTheYield.com" target="_blank">www.MakingTheYield.com</a> Here’s a few things you’ll learn in our interview with Sal today: <ul> <li class="MsoNormal">Why CMBS loan maturities represent a great opportunity in the coming years for investors</li> <li class="MsoNormal">What Sal and his team are doing to prepare for capitalizing on these distressed deals</li> <li class="MsoNormal">How to track down these distressed notes by going direct to the lenders</li> <li class="MsoNormal">Why he feels that CMBS loans between $2 million & $30 represent the best opportunities for the small to mid-size non-institutional investors</li> <li class="MsoNormal">The reason he is focusing on secondary and tertiary markets</li> <li class="MsoNormal">Why it's not as simple as just restructuring these loans similar to what would happen with a portfolio loan</li> <li class="MsoNormal">Why he feels the sweet spot for banks that are holding these types of distressed assets are the ones that have between $2 & $5 billion in assets and why that's the niche you need to focus on.</li> <li class="MsoNormal">The person we need to speak with at the bank in order to gain access to these distressed deals.</li> <li class="MsoNormal">Why he feels that there are many markets that are already overheated which will ultimately represent a correction sometime in the coming years and why we need to be cautious as investors</li> <li class="MsoNormal">And much more</li> </ul> <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Recommended Resources: <ul> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Download my free success guide, “7 habits of highly successful multi-family investors” by going to <a

May 11, 20151h 0m

Cash Flow Friday Tip #17: The 10 Reasons why you should always use a property management company.

<p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">In this week's Cash Flow Friday tip I'm going to share with you the 10 reasons why I think that every real estate investor should hire a professional 3rd party property management company. Now let me clarify, this applies to basically all asset types except mobile home parks and maybe self storage properties where your management is on-site and is typically employed by the property owner themselves. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">If your goal is to own a large rental portfolio of income properties then you'll need to become an expert at outsourcing and delegating responsabilities and hiring a professional property management company is one of the most important <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Recommended Resources: <ul> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Download my free success guide, “7 habits of highly successful multi-family investors” by going to <a href="http://www.kevinbupp.com/guide">www.KevinBupp.com/guide</a></li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2</li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Looking to invest in Mobile Home Parks? Want to JV with me on deals? If so, schedule a call with me and let’s talk. Click here <a style="line-height: 150%; text-indent: -0.25in;" href="https://www.timetrade.com/book/FGF7S">https://www.timetrade.com/book/FGF7S</a> </li> </ul>

May 8, 201511 min

Ep #68: From dreaming of Real Estate at age 14 to becoming a multifamily operator - with David Fontana

This week we're going to speaking with real estate investor, David Fontana. David started thinking about real estate at the very young age of 14, an age when most of us were more interested in riding our bikes or playing a game of catch. His young interest in real estate stemmed from a fear of his dad running out of work and not being able to provide for his family and David knew that creating a perpetual income stream through real estate could ease that fear, but his father thought otherwise. His father thought tenants were nothing more than headaches and he wanted no part of it Fast forward a number of years and David went on to build a multi-million dollar contracting firm, has built or renovated more than 250 homes, built 100 condo units, built more than 5 million sq ft of commercial and office space and has built quite the impressive rental portfolio. To date David has 68 rental units in his portfolio with a goal to get to 300 units by 2018. Here’s a few things you’ll learn in our interview with David today: <ul> <li class="MsoNormal">What intrigued David about real estate at the age of 14</li> <li class="MsoNormal">Why he decided to make the switch from being a contractor to a long term investor</li> <li class="MsoNormal">What attracted him to Charlotte, NC and why he thinks it's the next large growth city</li> <li class="MsoNormal">How he found one of his best deals through a brokers personal website</li> <li class="MsoNormal">When hard money makes sense and when it doesn't</li> <li class="MsoNormal">How he was able to obtain owner financing on a recent 21 unit building in Charlotte</li> <li class="MsoNormal">Why he uses a multiple offers strategy when buying apartment buildings</li> <li class="MsoNormal">The risks of buying the underlying LLC that owns the asset instead of buying the real property itself.</li> <li class="MsoNormal">Why he loves condemned buildings</li> <li class="MsoNormal">Why he lives by the motto "don't be cheap" and how he attributes that to his success as an investor</li> <li class="MsoNormal">And much more</li> </ul> <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Recommended Resources: <ul> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Download my free success guide, “7 habits of highly successful multi-family investors” by going to <a href="http://www.kevinbupp.com/guide">www.KevinBupp.com/guide</a></li> <li class="MsoNormal" style

May 4, 201556 min

Cash Flow Friday Tip #16: The secret for finding Self Directed IRA money for your next deal.

In this week's Cash Flow Friday tip I'm going to share with you an easy method for finding individuals with Self Directed IRA's who can make ideal candidates for becoming an active investor or private lender for your next deal. Unfortunately, we can't just go and purchase a list of names and mailing addresses from a list broker for these individuals who have self directed IRA's as that would be too easy and everyone would be doing it already. What we can do though is use this little secret method that I'm going to teach you in today's show to find those who have self directed IRA's and who are already actively buying or lending on real estate using their IRA which means they already know the benefits and are essentially semi-warm leads or prospects. What does all of this mean for you? Well, this means you'll be able to directly target millions of dollars of self directed IRA funds which can act as an excellent source of capital for your RE deals. So, in today's show, I'll break down this process for you into 4 simple steps. Enjoy! <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Recommended Resources <ul> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Download my free success guide, “7 habits of highly successful multi-family investors” by going to <a href="http://www.kevinbupp.com/guide">www.KevinBupp.com/guide</a></li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2</li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Looking to invest in Mobile Home Parks? Want to JV with me on deals? If so, schedule a call with me and let’s talk. Click here <a href="https://www.timetrade.com/book/FGF7S">https://www.timetrade.com/book/FGF7S</a></li> </ul>

May 1, 201510 min

Ep #67: Apartment, Student Housing, and SFR Investing all while working a Full-Time Job - with Mark Gagner

This week we're going to speaking with Mark Gagner who is founder of Bridge Equity Group, a multi-faceted real estate investment firm who specializes in medium and large size multi-family & student housing investments as well as high-end residential fix & flips. Mark just started his real estate investing career 5 short years ago in 2010 and has since completed millions of dollars of flips as well as a few larger commercial acquisitions including a 172 unit apartment building as well as a 42 bed student housing property. He's also learned the private capital game and was successful at raising a large chuck of the equity for the 172 unit apartment acquisition and this was all while still working a full-time job. Here are a few things you’ll learn in our interview with Mark today: <ul> <li class="MsoNormal">How Mark was able to build a multi-million dollar real estate investment firm all while working a full-time job</li> <li class="MsoNormal">How he is using fixing and flipping single family homes to fund his commercial real estate activities</li> <li class="MsoNormal">The positive impact that a mentor/coach had on him during the beginning of his investing career and why he feels everyone should have a coach or mentor.</li> <li class="MsoNormal">Why he feels that relationships are everything in this business</li> <li class="MsoNormal">What excites him about the multi-family and student housing space</li> <li class="MsoNormal">How he identifies emerging markets</li> <li class="MsoNormal">How to gain credibility by partnering with other successful investors</li> <li class="MsoNormal">The lessons he learned from cutting corners on a rehab</li> <li class="MsoNormal">Why he suggests rewarding those who help you in your business (contractors, brokers, birddogs, etc)</li> <li class="MsoNormal">And much more</li> </ul> <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Recommended Resources: <ul> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Download my free success guide, “7 habits of highly successful multi-family investors” by going to <a href="http://www.kevinbupp.com/guide">www.KevinBupp.com/guide</a></li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2</span&g

Apr 27, 201552 min

Cash Flow Friday Tip #15: How to find and screen quality handymen for your properties

<p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">In this week's Cash Flow Friday tip I'm going to share 2 easy methods to find and screen quality handymen for your rental properties. We personally use these two strategies when looking to build our rolodex of repairmen and service workers upon purchasing a property within a new market where we have no preexisting contacts. <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Recommended Resources <ul> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Download my free success guide, “7 habits of highly successful multi-family investors” by going to <a href="http://www.kevinbupp.com/guide">www.KevinBupp.com/guide</a></li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2</li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Looking to invest in Mobile Home Parks? Want to JV with me on deals? If so, schedule a call with me and let’s talk. Click here <a href="https://www.timetrade.com/book/FGF7S">https://www.timetrade.com/book/FGF7S</a></li> </ul>

Apr 24, 201511 min

Ep #66: Understanding Real Estate Financial Modeling - with Bruce Kirsch

This week we're going to speaking with Bruce Kirsch who is founder of REFM, a real estate financial modeling solutions provider who offers financial spreadsheet models, finance and financial modeling training, and financial modeling consulting for real estate transactions of all types. REFM provides its customers with the advanced financial modeling knowledge, tools and skills they need to successfully model their real estate transactions and present them with confidence to potential partners, lenders and investors. I’ve actually had the opportunity to go through and evaluate a few of REFM’s modeling tools and online training programs and I can personally say that the tools and trainings that Bruce and REFM offer are top notch and also very affordable in comparison to some of the other popular financial modeling software providers. And as an added bonus, REFM has a ton of free tools and resources available on their website including a free “back of the envelope” property evaluation templates to help you quickly sort out the promising deals from the duds. In this show you’re going to learn: <ul> <li class="MsoNormal">What financial modeling is and why it's such a critical part of being a successful real estate investor</li> <li class="MsoNormal">How to obtain the proper operations data for a property and make valid assumptions when building a financial model</li> <li class="MsoNormal">How financial modeling helps you create and tell the story of any given property which is vitally important when raising private capital or pitching the deal to investors</li> <li class="MsoNormal">Why you need to stay privy to all your local real estate news</li> <li class="MsoNormal">Learn about REFM's tools and resources and how they can help your real estate business</li> <li class="MsoNormal">How to download REFM's free modeling templates and other financial modeling tools</li> <li class="MsoNormal">And much more</li> </ul> <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"> Recommended Resources: <ul> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Download my free success guide, “7 habits of highly successful multi-family investors” by going to <a href="http://www.kevinbupp.com/guide">www.KevinBupp.com/guide</a></li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.ti

Apr 20, 201545 min

Cash Flow Friday Tip #14: How to increase your NOI when renting to tenants with pets

In this week's Cash Flow Friday tip I’m going to share a strategy which I learned from one of our previous guests and have since implemented into a few of my rentals and it’s proven successful. This strategy I'll talk about today is implementing a monthly pet rental fee into your lease agreements in place of a flat fee pet deposit. How does a 10-15% increase in monthly rental premium sound? <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Recommended Resources <ul> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Download my free success guide, “7 habits of highly successful multi-family investors” by going to <a href="http://www.kevinbupp.com/guide">www.KevinBupp.com/guide</a></li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link <a href="https://www.timetrade.com/book/KV2D2">https://www.timetrade.com/book/KV2D2</a></li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Looking to invest in Mobile Home Parks? Want to JV with me on deals? If so, schedule a call with me and let’s talk. Click here <a href="https://www.timetrade.com/book/FGF7S" target="_blank">https://www.timetrade.com/book/FGF7S</a></li> </ul>

Apr 17, 201512 min

Ep #65: Investing in and Making Money with small Multi-Family Properties - with Lance Edwards

Our guest for this week’s show is multifamily Real estate investor, Lance Edwards. Lance is going to share with us some of the benefits of investing in smaller multifamily properties and why he feels there are multiple competitive advantages in these smaller unit buildings which makes it a great place for investors who are just getting started and are interested in buying their first Multi-family property. In this show you’re going to learn: <ul> <li class="MsoNormal">How to use OPM or other people's money to acquire multifamily properties</li> <li class="MsoNormal">Why Lance refers to apartments as "Cash Flow" Vehicles</li> <li class="MsoNormal">What economic fundamentals he looks for in markets he wants to invest in</li> <li class="MsoNormal">Why cash flow is king and appreciation is just icing on the cake</li> <li class="MsoNormal">His method for new investors which he calls flip, flip, flip, buy and hold (rinse and repeat)</li> <li class="MsoNormal">How to use the MLS to find these smaller multi-family deals</li> <li class="MsoNormal">How he wholesaled an $11 million multifamily apartment building.</li> <li class="MsoNormal">How he uses direct mail to find a majority of his deals</li> <li class="MsoNormal">How to get a copy of his free book "How to make big money in small apartments" by going to www.FreeApartmentsBook.com</li> <li class="MsoNormal">Why he feels strategic partners are extremely valuable and can help accelerate your RE business</li> <li class="MsoNormal">Why you need to become an expert marketer if you want to succeed as a real estate investor</li> <li class="MsoNormal">And much more</li> </ul> <p class="MsoListParagraphCxSpLast" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"> Recommended Resources: <ul> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Download my free success guide, “7 habits of highly successful multi-family investors” by going to <a href="http://www.kevinbupp.com/guide">www.KevinBupp.com/guide</a></li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2</li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-h

Apr 15, 201551 min

Cash Flow Friday Tip #13: Two Powerful negotiation techniques to obtain seller financing

This week's cashflow friday tip is going to be an extension of last week's cash flow Friday show where we discussed the benefits of seller financing for both the buyer and seller of an income property. Well, today I'm going to share with you 2 proven strategies to significantly improve your chances of obtaining seller financing on a purchase and how to properly use them. <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Recommended Resources <ul> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Download my free success guide, “7 habits of highly successful multi-family investors” by going to <a href="http://www.kevinbupp.com/guide">www.KevinBupp.com/guide</a></li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2</li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Looking to invest in Mobile Home Parks? Want to JV with me on deals? If so, schedule a call with me and let’s talk. Click here <a href="https://www.timetrade.com/book/FGF7S">https://www.timetrade.com/book/FGF7S</a></li> </ul>

Apr 10, 201512 min

Ep #64: Understanding Syndication and JV Structures and which one is best for your next deal - with Jeff Lerman

Our guest for this week’s show is Real Estate Attorney and investment expert, Jeff Lerman. In today's show we're going to speak with Jeff about 2 hot topics that are critical to understand and implement into your business if your goal is to build a large real estate portfolio using OPM, also known as other people's money and these two topics are JV or Joint ventures and Syndication. In today's show we're going to dig deep into both of these partnership structure types so that you, the real estate investor, can be better informed and educated the next time you're preparing to take down a property using other people's money. In this show you’re going to learn: <ul> <li class="MsoNormal">The difference between a syndication and JV structure and how to determine which one is the right fit for your partnership</li> <li class="MsoNormal">Why you should be using OPM, also known as, other people's money for your deals</li> <li class="MsoNormal">The legalities behind each partnership structure</li> <li class="MsoNormal">Estimated cost of setup for each partnership type</li> <li class="MsoNormal">The pros and cons of each structure</li> <li class="MsoNormal">How crowdfunding is changing the landscape, but is probably not your best option for raising money for a deal</li> <li class="MsoNormal">How to legally stay out of the SEC's crosshairs</li> <li class="MsoNormal">The new general solicitation rules and how they affect syndications</li> <li class="MsoNormal"> And much more</li> </ul> <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Recommended Resources: <ul> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Download my free success guide, “7 habits of highly successful multi-family investors” by going to <a href="http://www.kevinbupp.com/guide">www.KevinBupp.com/guide</a></li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2</li> <li class="MsoNormal" style="ma

Apr 6, 20151h 21m

Cash Flow Friday Tip #12: Understanding the benefits of Seller Financing for both the seller and buyer of an income property

<p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">In this week's Cash Flow Friday tip I'd like to share with you the primary benefits of owner financing for both the buyer and seller of an income property. The benefits I'm about to discuss should be used in your negotiations when trying to pitch the idea to the seller or to the broker representing the seller. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Here is what I feel are the top 6 benefits of owner financing for you the buyer: <ol> <li class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Non-recourse debt and does not appear on your credit</li> <li class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">No credit checks required (most of the time)</li> <li class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"> Ease and quickness of financing </li> <li class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">No need to prove existing track record</li> <li class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Flexibility to structure creative terms including interest rates, amortization term, down payment amount, etc.</li> <li class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">The ability to purchase un-financeable deals. For instance, an apartment building or mobile home park that has significant vacancy will be terribly difficult or nearly impossible to finance through conventional terms, but with owner financing anything is possible. </li> </ol> <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">There's many more benefits than that, but I think those 6 are the primary ones. Now I will say this, most of the time an owner won't just come out and say that they'll do seller financing and I don't suggest you even bring it up during your first meeting with them. In fact, most of the time you'll need to establish a rapport with the sellers before they'll ever consider it, so be sure to be delicate with how you

Apr 3, 201513 min

Ep #63: Tax Free Real Estate Investing and Asset Protection advice from Rich Dad Advisor - with Tom Wheelwright

Our guest for this week’s show is Rich Dad Advisor, Tax strategist, and best-selling author, Tom Wheelwright. In today's show we're going to speak with Tom about his bestselling book, Tax Free Wealth and how we as Real Estate Investors can apply these principals to mitigate our tax exposure and keep more profits where it’s supposed to be - IN YOUR BANK ACCOUNT! Whether you're a brand new investor or someone who has been investing for years, you're goal should be to maximize your income and returns from your real estate investments and legally keep as much in your bank account as possible without giving it all to Uncle Sam, which is exactly what you’ll learn in my discussion with Tom today. In this show you’re going to learn: <ul> <li class="MsoNormal"> Why having a qualified tax strategist on your team is critical to your successes as a Real Estate investor.</li> <li class="MsoNormal">How legally to run your business tax free</li> <li class="MsoNormal">Why depreciation is a real estate investors best friend</li> <li class="MsoNormal">The power of the 1031 exchange</li> <li class="MsoNormal">The qualities to look for when seeking out a tax professional to bring onto your Real estate team</li> <li class="MsoNormal"> The reason why leverage needs to be part of your investment strategy </li> <li class="MsoNormal">How to properly protect you assets from the 3 P’s which Tom explains as the Pirates, Predators, and Politicians</li> <li class="MsoNormal">Why the team you surround yourself with is the single most important thing for your real estate business</li> <li class="MsoNormal">Why you need to learn to delegate now and focus only on tasks which you are the strongest at</li> <li class="MsoNormal"> And much more...</li> </ul> <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Recommended Resources <ul> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Download my free success guide, “7 habits of highly successful multi-family investors” by going to <a href="http://www.kevinbupp.com/guide"

Mar 30, 201550 min

Cash Flow Friday Tip #11: How to correctly evaluate a prospective tenants background and credit history

<p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">In this week's Cash Flow Friday tip I'd like to talk about how to effectively dissect and read through a credit report when evaluating prospective tenants. Some of you may think this is as easy as looking at a credit score or seeing if there are any collections or delinquent debts, but if you want to do yourself and your rental justice you really need to learn how to build a story from the data provided and only then make a determination based on both the facts obtained from the credit report and info provided from the tenant to decide if they will make the cut. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">This show will walk you through my process of reading a credit report and screening an applicant. <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Recommended Resources <ul> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Download my free success guide, “7 habits of highly successful multi-family investors” by going to <a href="http://www.kevinbupp.com/guide">www.KevinBupp.com/guide</a></li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Schedule a free "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2</li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"> Looking to invest in Mobile Home Parks? Want to partner with the industry experts? Check out <a href="http://www.sunrisecapitalinvestors.com/">http://www.SunriseCapitalInvestors.com</a></li> </ul>

Mar 27, 201525 min

Ep #62: Making Money With Corporate Housing Rentals- With Kimberly Smith

Our guest for this week’s show is corporate housing expert and CEO of Avenue West Corporate Housing, Kimberley Smith. In today's show we're going to speak with Kimberly about the booming business of corporate rentals and why as an investor you should seriously consider diversifying your portfolio using this investment strategy. In this show you’re going to learn: <ul> <li class="MsoNormal">What exactly is corporate housing and who are your typical tenants</li> <li class="MsoNormal">What attracted her to this niche and why you should take note</li> <li class="MsoNormal">Why diversifying into corporate housing is a smart play for RE investors</li> <li class="MsoNormal">The benefits of working with a company like Avenue West</li> <li class="MsoNormal">What types of markets work best for corporate housing</li> <li class="MsoNormal">The typical type of housing a corporate client looks for</li> <li class="MsoNormal">The average rental premiums an investor can expect from going this path versus a traditional rental unit</li> <li class="MsoNormal">And much more...</li> </ul> <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Recommended Resources <ul> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Download my free success guide, “7 habits of highly successful multi-family investors” by going to <a href="http://www.kevinbupp.com/guide">www.KevinBupp.com/guide</a></li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Schedule a free "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2</li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Looking to invest in Mobile Home Parks? Want to partner with the industry experts? Check out <a href="http://www.sunrisecapitalinvestors.com/">http://www.SunriseCapitalInvestors.com</a></li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: i

Mar 23, 201542 min

Ep #61: Loopholes of Real Estate - With Garrett Sutton

Our guest for this week’s show is Rich Dad Advisor, Asset protection specialist, and best-selling author, Garrett Sutton. In today's show we're going to speak with Garrett about his bestselling book, Loopholes of Real Estate. Whether you're a brand new investor or someone who has been investing for years, you're goal should be to maximize your income and returns from your investment properties as well as protecting them from and in this book Garrett covers these two topics in detail as well as multiple others that are critical to your success as a real estate investor and I highly recommend you go and grab a copy for yourself. In this show you’re going to learn: <ul> <li class="MsoNormal">Why you need to think about asset protection NOW and get a strategy in place</li> <li class="MsoNormal">The importance of building a team and who should be a part of it</li> <li class="MsoNormal">Why leverage is your friend if used properly</li> <li class="MsoNormal">The benefits of depreciation in investment real estate</li> <li class="MsoNormal">How to completely defer capital gains taxes by using a 1031 exchange</li> <li class="MsoNormal">Why LLC's are the best entity structure for holding real estate</li> <li class="MsoNormal">Why cash flow should always be your main objective</li> <li class="MsoNormal">What you need to know about section 469(c)(7) of the tax code</li> <li class="MsoNormal">And much more...</li> </ul> <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Recommended Resources <ul> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Download my free success guide, “7 habits of highly successful multi-family investors” by going to <a href="http://www.kevinbupp.com/guide">www.KevinBupp.com/guide</a></li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Schedule a free "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2</li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Looking to invest in Mobile Home Parks? Want to partner with the

Mar 16, 201557 min

Cash Flow Friday Tip #9: Fast Track the growth of your RE business by hiring a VA

<p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">In this week's Cash Flow Friday tip I'd like to talk about using VA's or virtual assistants to help grow your real estate business by allowing you to delegate the busy work so you can focus on the money making activities. Throughout the past 5 years I've employed VA's both in a full-time capacity as well as freelance work and my experience overall has been fantastic. In addition to my real estate business I own a ecommerce company where I've employed the same 3 VA's full-time for over 4 years now and it's been a wonderful relationship. These 3 VA's consist of a graphic designer, web developer, and SEO specialist and all are college educated and very good at what they do. I believe the highest paid person on that team is my web developer and she makes $550 per month (40 hours per week) which breaks down to approx $3.44 per hour and she is super happy. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">I n my real estate business we have used numerous VA's throughout the years to handle mundane tasks such as data collection, cold calling, list building, appointment setting, email follow up, etc and as of today we have one girl who's been working with us for the past few months on numerous projects and she works approx 25-30 hours per week. She is working on more specific tasks like researching banks and who currently hold distressed Multi-Family notes and tracking down the inside contacts or asset managers so we can build relationships with them. She's assisting me with a few of my podcast projects that I am working on and I'll probably add a few duties to her list shortly. She's very organized and is extremely efficient and guess what, she only charges $2.93 an hour. For her same qualities here in the US I'd have to pay $12-15 per hour if not more <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Here are some of the other things I've used VA's for in the past. Oh, and just so you know, all of my VA's are based in the Philippines <p class="MsoListParagraphCxSpFirst" style="text-indent: -0.25in; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">· Building a brokers email list by calling all listings on Loopnet for MHP's and requesting the marketing package and asking for the brokers email which we then added to a database <p class="MsoListParagraphCxSpMiddle" style="text-indent: -0.25in; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">· Researching phone numbers for property owners although now we use TLO.com which eliminates the need to hire a VA for this research <ul> <li class="MsoListParagraphCxSpMiddle" style="text-indent: -0.25in; background-image: initial; background-attachment: ini

Mar 13, 201515 min

Ep #60: Police Officer turned Real Estate Investor with more than $200 million in acquisitions under his belt - with Brian Burke

Our guest for this week’s show is Brian Burke who is the co-founder and managing director of Praxis Capital and CEO of Praxis Residential, which is a privately held RE investment firm based in Northern California who is active in both the single family and multi-family space and has completed well over $200 million in acquisitions. Brian and his team have been absolutely kicking butt and during this interview Brian shares with us some of his secret sauce that has attributed to his success as an investor, but I'll warn you ahead of time that the primary ingredients of this secret sauce are loads of hard work and thorough education. One of the most impressive parts of Brian's story is how he started his professional career as a police officer and invested in real estate in his spare time. In fact, he worked a full-time job for a # of years before taking the leap of faith into becoming a full-time real estate investor. In this show you’re going to learn: <ul> <li class="MsoNormal">How he was able to build a rental portfolio while working a full-time job</li> <li class="MsoNormal">The steps he took to self educate himself into becoming a real estate investor</li> <li class="MsoNormal">Why he feels it's critical to prove your investment concept with your own money before taking investors capital</li> <li class="MsoNormal">Learn the different fund structures that Brian uses for his different projects</li> <li class="MsoNormal">What markets he's excited about today and why</li> <li class="MsoNormal">What his crystal ball is telling him about the next few years</li> <li class="MsoNormal">His goal to underwrite 1 multi-family deal per day with the goal of buying 2-3 deals in 2015</li> <li class="MsoNormal">And much more..</li> </ul> <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Recommended Resources <ul> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Download my free success guide, “7 habits of highly successful multi-family investors” by going to <a href="http://www.kevinbupp.com/guide">www.KevinBupp.com/guide</a></li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Schedule a free "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2</li> <li class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-orig

Mar 9, 20151h 2m

Cash Flow Friday Tip #8: Why emotions make bad business partners

<p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">In this week's Cash Flow Friday tip I'd like to talk about the topic of allowing emotions to get involved when purchasing an investment property and why this can have disastrous consequences. Over the years I have seen many investors make bad decisions on real estate purchases because they let their heart do the talking and didn't focus enough on the numbers. What I mean by this is never fall in love with a building because it's got great architecture or because it's in the neighborhood you grew up in or how about a piece of raw dirt that you feel (no know) has a promising redevelopment future without knowing the facts. Try to resist this so-called "falling in love" with any given investment property because I can promise you one thing - It will never love you back. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">To make things easy you need to take a rational approach to decision making when it comes to investing in a property. And to do this you need to only figure two things <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">1. What you would like to pay for this property <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">2. What the maximum amount you should pay based on its actual performance <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Now I know this is easier said than done and there are always going to be exceptions to the rules. For instance, I own an mixed use property that sits on a commercial lot and has an office building and a 6 unit apartment building on it. Immediately next door to my property is a rundown 4 unit property that based on its current income is worth about 80k but the owner is asking 130k. The beauty of this is that the assemblage of his lot and my own would significantly increase the value of the total package to an end user, primarily because of the redevelopment opportunities that would now exist due to the almost doubled lot size and I'm getting ready to put this property on the market so the timing is right. So the moral of the story is that if you're planning on paying top dollar for a property make sure it's a good business decision and not some sort of emotional rationalization. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">I will tell you from experience that there will always be another deal down the road so don't get hung up on one if it doesn't make sense. Invest to make money, not to fulfill your emotional obligations - that's what girlfriends or wives are for. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Alright guys, that's all we have for today. Thanks again for listening in to the Cash Flow Friday Tip and until we meet again next week, Get out there and make some cash flow happen. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size

Mar 6, 20154 min

Ep #59: Creating Massive Cash Flow with Vacation Rentals - with Matt Landau

Our guest for this week’s show is Vacation Rental Expert, Matt Landau. Matt currently owns and operates multiple vacation rentals in Panama City, Panama and is the founder of the popular niche vacation rental website, VacationRentalMarketingBlog.com Matt and I had an awesome conversation regarding the vacation rental industry which has seen explosive growth over the past few years with the emergence of sites such as VRBO.com, Homeaway.com, AirBNB.com and many others. Matt talks about how he got his start in the industry and how he was able to quickly able to become known as one of the leading providers of premium vacation rentals in the historical district of Panama city, Panama. He also discusses what unique qualities attracted him to Panama City's historic district which he describes as New Orleans 100 years ago in that it's rough around the edges but is full of opportunity and is abundant with culture. Matt believes that the Vacation Rental niche is still in its infancy and that there is a still a ton of opportunity available for those investors who are looking for an investment vehicle that offers strong returns and stable growth. Being someone that has personally used vacation rentals for multiple vacations I have to agree with him, especially if you're buying in highly desirable tourist markets. In this show you’re going to learn: <ul> <li class="MsoNormal"> How he got his start in the vacation rental business</li> <li class="MsoListParagraphCxSpMiddle" style="margin-bottom: 0.0001pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"> The important role that 3 mentors played in his life and how he found them</li> <li class="MsoListParagraphCxSpMiddle" style="margin-bottom: 0.0001pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"> What unique attributes excited him about investing in the emerging tourist destination of Panama City, Panama</li> <li class="MsoListParagraphCxSpMiddle" style="margin-bottom: 0.0001pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"> Why he feels that the vacation rental market is still in its infancy and will continue to grow at a fast rate </li> <li class="MsoListParagraphCxSpMiddle" style="margin-bottom: 0.0001pt; text-indent: -0.25in

Mar 2, 201557 min

Cash Flow Friday Tip #7: How to effectively test the market demand for a rental property before ever purchasing it

<p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">In this week's Cash Flow Friday tip I'm going to go into detail on how you can use Craigslist as a tool to test a local rental market and the overall demand for that particular investment property before ever acquiring it. I mean, who would want to know how much demand there will be for a rental unit and how much you'll be able to get for it before ever buying it. Forget proforma's that the turnkey operators try to sell you on and why would you ever rely solely on the realtors opinion on what you'll be able to rent the unit for. Let the facts speak for themselves. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Now some of you might feel that this technique is a little misleading or unethical and you're completely entitles to your opinion. My goal when buying a mobile home park is to ensure we're buying in an area that has sufficient demand for the type of property I'm offering. Take the guess work out of the equation and let the market tell you whether or not the property you're considering buying is in high demand and will rent fast. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">#1: Write a description for the property and be specific as possible without mentioning the address or neighborhood it's located in, since after all you don't own it yet. Be sure to include all the relevant facts: schools, beds/baths, sq. ft., age, upgrades, monthly rent $, etc <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">#2: Search google images and try and locate a similar looking exterior image (don't use an image of the exact property you're looking to buy) as well as a few interior images. Again, don't go and use the exact images of the property you're looking to buy. Using similar images which you grab from the web will do the job and won't get you in hot water. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"># 3: Create a free google voice phone number which is where you'll be forwarding the calls to. Setup a voicemail message with a basic greeting so that the callers think they're calling an individual. If you're running more than 1 test ad at a time (maybe you have more than 1 property or are testing different markets) then you can use an app called burner which will allow you to create multiple temporary numbers with VM's for each for up to 30 days. We use this when we are looking at multiple parks and need to run numerous test ads to determine demand <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">#4: Post the CL ad and be sure to include the phone number to your google voice or burner app. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><span style="font-family: Arial, sans-serif; font-size: 12pt; background: si

Feb 27, 20159 min

Ep #58: Investing in Institutional grade properties - with Joe Stampone

Our guest for this week’s show is Joe Stampone who is the Vice President of Investments for Atlas Real Estate partners, a privately held RE investment firm located in NYC who specializes in opportunistic and value add real estate in the multi-family, student housing, retail, and office sector Unlike our typical guest here on the show who took the independent path of working their way to financial freedom through investing in real estate which usually consists of starting out with single family home investments and gradually working their way into larger and more profitable commercial deals, Joe decided on a different path, a path that landed him with a newly formed investment firm who specializes in institutional grade investments throughout a broad range of investment types. Joe 's goal with this approach was to surround himself with the smartest in the industry and build a track record for himself in order to gain an edge that will directly benefit him when the day comes where he'll venture out on his own. I personally think this is a brilliant approach and one that should be seriously considered by those who are currently working their way through college and have a serious interest in a career in real estate. In this show you’re going to learn: <p class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0.0001pt 54.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">· The reasons for choosing the institutional path versus going out on his own <p class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt 54.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">· How he was able to land a key role with Atlas Real Estate Partners directly out of school <p class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt 54.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">· What fundamentals his group looks for within a particular market <p class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt 54.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">· </span

Feb 23, 201532 min

Cash Flow Friday Tip #6: Quickly evaluate new markets with these 4 free resources

<p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">In this week's Cash Flow Friday tip I'm going to share with you the 4 free resources we use in our business to perform a quick and dirty evaluation of a market <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">#1: www.BestPlaces.net - this site provides info on cost of living, quality of schools, population, crime rates, unemployment rate, house prices and all of this can be search by zip code or by city and state. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">#2: www.City-Data.com - this site is somewhat similar to best places, but goes into a little more detail and even includes things like recent sold comps, a sex offender search, more detailed demographics, a breakdown of neighborhood data by zip code, building permit data, etc. This site is best for a more detailed and specific research <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">#3: www.RentOMeter.com - Want to know what the market rents are for a given zip code or city/state? Then rent-o-meter is free and easy to use and will give you the quick and dirty data needed to see what properties are renting for in your market. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">#4: www.Craigslist.org - We use craigslist for a multitude of things including; checking the local rental market competition - how many properties similar to mine are there available, how long have they been listed, are they offering move-in incentives. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Another thing we do is we run test ads to determine the demand within a given market for the type of property we're about to bring to market i.e., mobile home, apartment, SFR, etc. Some of you might find this misleading and unethical, but when looking to acquire a property within a new market I want to make sure there is plenty of demand before we commit to buy. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">I'll talk in more detail about this particular system we use for running craigslist test ads in next week's Cash Flow Friday tip.

Feb 20, 20157 min

Cash Flow Friday Tip #5: The Top 3 critical market indicators to help you identify high demand areas to invest in

<p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">This week's Cash Flow Friday tip is the top 3 critical market indicators to help you identify high demand or "soon to be high demand" areas to invest <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">The question is, how do you find out whether the property you’re considering is located in a high demand area and whether the area will continue to be in high demand in the future because the last thing you want to do is buy a property in a declining market where incomes are deteriorating, unemployment is rising, and people are moving out. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">#1 - Demographics: Commercial property investing is really all about space investing. What that means is that you are buying, selling, or leasing space that you think the general population not only want, but need. Take a look at the number of households, people, and businesses residing within 3-5 miles of your property. The more the better. A simple free tool I use to do a quick and dirty analysis for this is www.BestPlaces.net and www.City-Data.com <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">#2 - Income: To market, sell, and lease your space, you need paying customers. That means the more paying customers you have within 3-5 miles of your property that earn enough money to pay for your property, the better. For example, when I’m evaluating a market for Mobile Home Parks, I will look for median household incomes of $28,000 or better. That’s because residential tenants will spend about 1/3 of their income on housing. I’m looking for tenants that can afford at least $7,000-9,000/year. (583-750 mo) <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">#3 - Infrastructure: Airports, highways, railways, ports, area amenities are all critical indicators for high demand areas. People want to live, work, and sleep where access is easy and amenities are available. If you’re looking at an apartment community 1 hour from any Walmart location, you might want to reconsider how “in demand” that are might really be. In fact, when I'm looking at a mobile home park within a new market I always look to see if there's a walmart and how close by it is. If there is no walmart in town then I usually pass immediately.

Feb 13, 20155 min

Ep #57: Increasing your NOI and creating better tenants by enforcing late fees

In this weeks show we’re going to cover a topic that has seem to become a popular over the past few weeks throughout the numerous conversations I've personally had with real estate investors who own multi-unit and single family rental properties This week’s show is a quick one in comparison to our normal Monday session and I’m going to get straight to the point as this is a topic that we don’t need to tip toe around. It’s really a no brainer and if you’re not implementing this strategy then you’re doing yourself and your business a disservice and you should really second guess your choice as being a professional landlord or real estate investor who owns rental properties since you'd be leaving a ton of money on the table without this technique in place And the topic or technique is about enforcing monthly late fees and why as a landlord I love when my tenants pay late and you should too if you want to increase you NOI. In this show you’re going to learn: <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">§ Why it is soooo important to enforce late fees <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">§ How you increase your NOI by as much as 10% by implementing this simple practice <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">§ How this simple strategy will make your job as a landlord much less stressful <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">§ <!--[endi

Feb 9, 201518 min

Cash Flow Friday Tip #4: Real estate is easy to get into, but hard to get out of...

<p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">This week's Cash Flow Friday tip is based on a profound statement I like to use when speaking to both new and experienced RE investors about their investment strategy and the saying is “Real Estate is easy to get into, but hard to get out of. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Let them tell you what this statement means to me by breaking it down into two separate parts with the first part being– the getting into real estate and the second part getting out of real estate a.k.a. your exit strategy. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Getting into real estate is easy <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">• Many different strategies to make money in RE, some of which you can do with almost a zero budget (wholesaling) <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">• Multiple different educational options to learn the business (books, bootcamps, coaches, podcasts, etc) <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">• Great financing options even for people with bad credit (hard or private money and even creative financing) <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"> <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Bottom line, if you put your mind to it you can buy an investment property, BUT just because you buy something doesn’t mean it’s a worthwhile property that will meet your goals – both short and long term. In addition, it’s imperative that you fully understand your exit strategy and have both a plan A, B, and C before ever getting into it because as the saying goes, getting into RE is easy but getting out can be a much greater challenge, one that if you don’t do your homework and have a plan in place can leave you in financial ruins. <p class="MsoNormal"

Feb 6, 20156 min

Ep #56: Expert Advice from a professional Passive CRE Investor - with Jeremy Roll

<p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">In today's show, we're going to flip the tables and take a completely different angle as we interview Passive Real Estate Investor, Jeremy Roll. You see, we usually have owners on the show who are active operators and which a good portion of them get their funding from silent or passive investors to fund their acquisitions. Well, Jeremy is one of those passive investors and has built quite the empire in strictly a passive role and he's here to tell you all about it <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">A little bit about Jeremy: Jeremy has been an active real estate and business investor for over 13 years who left the corporate world in 2007 to become a full-time passive cash flow investor. He is currently an investor in more than 50 opportunities across almost $400 Million worth of real estate and business assets. As President of Roll Investment Group, Jeremy manages a group of over 850 investors in the US and Canada who seek passive/managed investments in real estate and businesses. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Jeremy co-Founded public investor meetings under the name FIBI (For Investors By Investors) in 2007 with the goal of networking with, learning from, and helping other investors. FIBI is now the largest group of public investor meetings in Southern California, with over 15 monthly chapters and over 13,000 members. Jeremy is originally from Montreal, is a licensed California Real Estate Broker (for investing purposes only), has an MBA from The Wharton School, and is an Advisor for Realty Mogul, the largest online crowdfunding marketplace for real estate investors to invest in managed real estate opportunities. Jeremy has a diverse investor and fundraising network for real estate and business opportunities and has a large network of real estate and business contacts. In this interview with Jeremy you’re going to learn: <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">§ What it means to be a passive investor <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">§ The types of returns Jeremy expects through his passive investments <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; backgr

Feb 2, 201555 min

Cash Flow Friday Tip #3: The Secret Monthly Program that will save you Thousands

<p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">In today's Cash Flow Friday tip we're going to talk about keeping an eye on the conditional of your rental properties on a regular basis and how to do it without looking like you're micro managing your tenants by creating a monthly or bi-monthly HVAC filter replacement program. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Our company implements a Bi-monthly plan which kills two birds with one stone and you can do the same. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">1. It ensures that our equipment is maintained as our past experience has shown that most tenants never replace filters, even if they are given a year's supply at the beginning of the lease agreement. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">2. You can identify any other potential maintenance issues while in the home and also get a good look at the overall condition of the residence and see if the tenants are breaking any of the polices of the rental agreement (undocumented pets, more residents than stated, drugs or other illegal activity, etc.) If they are, you can take action to remedy the situation by creating a formal warning to them to fix the situation by a certain date or run the risk of being evicted due to breach of contract. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Deferred maintenance and unruly tenants can wreak havoc on you and your property and by implementing a maintenance program like the one discussed you can hopefully get in front of any bad situations before they start. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Thanks for listening in to the Cash Flow Friday Tip and until we meet again next week, Get out there and make some cash flow happen.

Jan 30, 20154 min

Ep #55: The Benefits of Working with CRE Brokers - with Eric Odum

<p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Our guest for this week’s show is commercial real estate broker and investor, Eric Odum. Eric and I actually met as he was an avid listener of our show and is also a fellow Tampa Resident. I thought it was very fitting to have Eric on the show as I received numerous emails from you guys asking about the relationship between the broker and investor and how to foster and grow them so that they help grow your RE investing business. Eric is the founder and principal of ROI Commercial Property Brokerage which is a full service firm that specializes in investment property brokerage and sales in the greater Tampa Bay market. In this interview with Eric you’re going to learn: <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">§ The process of establishing a relationship with a credible broker within your niche <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">§ Why learning to speak the lingo is a critical first step <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">§ The importance of knowing exactly what you're looking for and articulating that to the broker <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><!--

Jan 26, 201537 min

Cash Flow Friday Tip #2: The Importance of Selecting Your Target Geographical Investment Area

<p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">In this week's Cash Flow Friday Tip we discuss the topic of choosing your target geographical area for where you'll be investing and why it's so important to have a clear focus on this. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">In this show, you will learn: <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">§ How to select the ideal size market to start with <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">§ Why focus is the key to being successful <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">§ How to collect and store the leads you'll get during this process and why they should be treated like gold <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">§ How our company selects our geographical target areas and why <p cl

Jan 23, 20158 min

Cash Flow Friday Tip #1: The 3 Most Effective Strategies for Improving Your Rental Collections

<p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">In this inaugural episode of the Friday Cash Flow Tip we discuss the topic of rental collection and I share with you 3 of my proven strategies to make sure you're putting the most money into your pockets each and every month. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">In this show, you will learn: <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">§ How to choose your tenants wisely <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">§ Why eviction checks sometimes fail <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">§ Why you should never believe your applicants previous landlord <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">§ How to enforce a rent payment policy <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.

Jan 16, 201522 min

Ep #54: 20 Successful Habits I Learned from Working with Two Billionaires - by Paul C. Brunson

<p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">This week's show I'm going to cover an awesome story I ran across over the past week which I thought had a ton of relevance to our normal topic of real estate investing and also will provide a compilation of 20 successful habits from two very popular billionaires which I'm sure you'll recognize - Oprah Winfrey and Enver Yucel <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Basically, a guy named Paul Brunson worked directly for both Oprah and Enver collectively for 6 years and these 20 success habits are derived from his intimate observations with both billionaires. Enver and Oprah are two extraordinary people and I'm sure you'll find this topic as inspirational and inspiring as I did. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Here's a link to the article: http://www.huffingtonpost.com/paul-carrick-brunson/20-habits-for-success_b_4739731.html

Jan 12, 201535 min

Ep #53: Creating Massive Cash Flow with Residential Assisted Living Facilities – with Gene Guarino

<p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Our guest of honor for this week's show is senior housing expert, Gene Guarino. Gene is a certified financial planner in the US and Australia as well as a full time real estate investor with over 30 years of experience just about every area of real estate including both residential and commercial.Today <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Gene is focused exclusively on residential assisted living homes. He's going to show us how this unique combination of residential and commercial along with the timing of the baby boomer generation is an unstoppable waive of opportunity which you can capitalize on - TODAY And here are some interesting facts about the baby boomer market: According to the US Census bureau, 77 million people will be turning 65 over the next 19 years. This means that EVERY DAY 10,000 people turn 65 years of age. 4,000 people a day will be turning 85. That is a huge, unstoppable opportunity where a lot of wealth and cash flow will be created. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"> <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">In this is interview with Gene, you will learn: <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">§ Why he’s so excited about the opportunity that exists with serving the aging baby boomer generation <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">§ The market fundamentals he looks for when seeking out a new property <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">§<span style="font-stretch: normal; font-size: 7pt; line-height: normal; font-family: 'Times New Roman&#39

Jan 6, 20151h 2m

Ep #52: A candid conversation with Real Estate and Investment Expert – Jason Hartman

<p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Our guest of honor for this week's show is real estate expert and fellow podcaster, Jason Hartman. Jason is a full-time real estate investor specializing in both single family and multi-family investment properties and currently owns investment properties in 11 different states. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Jason is a highly sophisticated investor who has been at this for a number of years and shares a great deal of knowledge during our conversation today which I know you'll find highly valuable. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"> <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">In this is interview with Jason, you will learn: <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">§ Why Jason loves the housing niche and stays away from the other common asset types (retail, office, industrial) <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">§ How he is able to successful operate in numerous markets across the US <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">§ Why it's always a good time to invest in real estate as long as you're buying right <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">§ </s

Dec 29, 20141h 4m

Ep #51: Buying apartment buildings with Creative Financing – with Bill Ham

<h5 style="margin: 0in 0in 7.5pt; text-align: justify; vertical-align: baseline; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Our guest of honor for this week's show is Bill Ham. Bill is a full-time real estate investor specializing in multi-family investment properties in the state of Georgia. Bill started out his professional life as a corporate pilot but soon discovered that there had to be a better way to create financial freedom for himself which is when he bought his first duplex and decided to quit his job and become a full-time real estate investor.</h5> <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">In a very short period of time, Bill was able to acquire hundreds of Multi-Family units and utilized forms of creative financing with most of them. Bill shares with us how he started off buying that first duplex, and has quickly moved on to bigger and better properties and continues to implement creative financing techniques into his acquisitions. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">If you are a new or experienced investor looking to grow your real estate business owning/operating multi-family properties, then listening to this interview with Bill will help put you onto the right path to achieve massive success! <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">In this is interview with Bill, you will learn: <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">§ Why he loves apartments and no longer has an interest in investing in Single family <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">§ How he used creative financing for most of the properties he's purchased and how you can do the same <p class="MsoNormal" style="margin: 0in 0in 0.0001pt 18.85pt; text-indent: -0.25in; line-height: 14.95pt; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">§ <span style="font-family: Arial, sans-

Dec 22, 20141h 13m

Ep #50: Learn how this apartment building investor went from zero to 1,200 doors in less than 2 years – with Michael Becker

<p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Our guest of honor for this week's show is Michael Becker, senior director of lending for Old Capital lending and principle partner of SPI advisory which is a real estate investment firm specializing in multi-family investment properties in the Dallas Fort Worth area. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">In less than 2 years, Michaels company has been aggressively buying apartment buildings and as of this interview has acquired 1,200 doors and had another 400 in escrow. Michael shares with us how he started off buying single family homes, and has successfully transitioned into buying and syndicating large multifamily properties with other investors. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">If you are a new or experienced investor looking to grow your real estate business owning/operating multi-family properties, then listening to this interview with Michael Becker will give you new ideas and inspiration as you continue on your journey. <p class="MsoNormal" style="background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">In this interview with Michael, you will learn: <ul> <li class="MsoListParagraphCxSpFirst" style="text-indent: -0.25in; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"> Why he decided to transfer his primary focus from the lending side over to the investment side of the business</li> <li class="MsoListParagraphCxSpFirst" style="text-indent: -0.25in; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"></li> <li class="MsoListParagraphCxSpMiddle" style="text-indent: -0.25in; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"> How he and his team are financing their deals with HUD's 223(f) program which offers non-recourse debt</li> <li class="MsoListParagraphCxSpMiddle" style="text-indent: -0.25in; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"></li> <li class="MsoListParagraphCxSpMiddle" style="text-indent:

Dec 15, 201437 min

Real Estate Investing for Cash Flow with Kevin Bupp