Rental Property Owner & Real Estate Investor Podcast

Today we're going to talk about franchising. In simple terms, franchising is a business in which the owner licenses the operations, products, branding and knowledge in exchange for a franchise fee. Many real estate investors are also drawn to franchising because of it's entrepreneurial aspects and the ability to create passive income and financial freedom. And my guest today, Lance Graulich, is considered the "King of Franchising". Lance has over 25 years of experience with companies such as TGI Fridays, Wingstop, Krispy Kreme Doughnuts, and Pinkbox Doughnuts in Las Vegas. Lance also hosts the popular podcast "Eye on Franchising". Find out more: https://www.zorakle.net/assessment/welcome/ionfranchising Instagram: @lance.graulich All other platforms: Lance Graulich Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

Anyone who owns rental property can tell you that one of the systems you must pay attention to is your heating and air conditioning system—commonly referred to as your HVAC system. Today we talk with an expert on HVAC systems who shares practical tips for choosing the right one for your property, finding the best HVAC contractor, and rebates and incentives that might be available in your area. Howard Bynder is the Founder of The Bee Heat and AC, a well-known Colorado-based HVAC company focused on an educational, zero-pressure approach to helping homeowners get the best and most reliable HVAC system for their homes. Find out more: https://youtube.com/thehvacdopeshow www.thebeehvac.com 877-6THE BEE Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

Today we're going to discuss the build-to-rent model. Build-to-rent, also known as BTR, is an emerging trend that has been gaining significant traction in recent years. It involves the construction of purpose-built residential properties with the sole intention of renting them out to tenants rather than selling them as individual units. This innovative approach to housing offers numerous advantages for both investors and tenants alike. And here to discuss the BTR model is Bethany Finch of American Made Home Solutions. Find out more: https://americanmadehomesolutions.ac-page.com/btr-ebook LinkedIn: https://www.linkedin.com/in/bethany-finch-amhs/ Facebook: https://www.facebook.com/AmericanMadeHomeSolutions LinkedIn: https://www.linkedin.com/company/american-made-home-solutions Instagram: https://www.instagram.com/americanmadehomesolutions/ YouTube: https://www.youtube.com/c/AmericanMadeHomeSolutions Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held TODAY and TOMORROW - February 22nd through 23rd - right here in Grand Rapids, Michigan at the Devos Place conference center. This is The Must-Attend Two-Day event for Real Estate Investors at all levels! And I have a special speaker announcement to make today. If you're investing in Grand Rapids and West Michigan, you definitely don't want to miss this one! Ryan Kilpatrick from Flywheel Community Development Services will be presenting on "Opportunities for Housing Growth in West Michigan" Ryan's presentation will be tomorrow, Friday, February 23rd at 4 pm. Once again you don't want to miss the 2024 Midwest Real Estate Investor Conference, which is being held TODAY and TOMORROW, February 22nd through 23rd here in Grand Rapids, Michigan at the Devos Place conference center. You can go to www.midwestREIconference.com to get your tickets and find out more. You can also purchase tickets at the door. We're on the 2nd floor adjacent to the Grand River. See you there!

Today we're going to talk about investing in laundry facilities. This is a unique asset class with a huge potential for success, yet few understand how to gain entry into this type of investment. Sam Wilson has been an active investor for more than a decade in self storage, parking, multifamily properties/apartments, single family homes and RV resorts. His focus now is solely in the laundry facility space. Sam is the CEO of Bricken Investment Group and the host of the daily podcast "How To Scale Commercial Real Estate". Find out more: brickeninvestmentgroup.com or check out Sam's Podcast "How to Scale Commercial Real Estate" Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the Devos Place conference center. This is The Must-Attend Two-Day event for Real Estate Investors at all levels! Maria Giordano will be our featured speaker on "Investing with NO Limits". This presentation will be for those of you who are struggling to navigate the real estate market but you can't seem to find the right deal. Maria's presentation will be Thursday, February 22nd at 4pm Once again you don't want to miss the 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the Devos Place conference center. You can go to www.midwestREIconference.com to get your tickets and find out more.

Hello everyone, we have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the Devos Place conference center. This is The Must-Attend Two-Day event for Real Estate Investors at all levels! Katie Johnson will be featured in our special Short-Term Rental panel called "The Banning of Short-Term Rentals…From the Beginning to the End". If you've been paying attention to the controversy surrounding short-term rentals in West Michigan, then you definitely don't want to miss this panel. Katie's panel on Short-Term Rental Regulation will be Friday, February 23rd at 1:30pm. Once again you don't want to miss the 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the Devos Place conference center. You can go to www.midwestREIconference.com to get your tickets and find out more.

One of the consequences of the rapid rise in interest rates over the past year and a half, has been the difficulty in finding suitable loans for commercial real estate. There's just not enough funds available at terms that pencil out. My guest today is going to help us make sense of the commercial real estate lending options that are currently available, and how he's seeing deals getting done in today's environment. He'll also share his perspectives on market cycles in multifamily and commercial real estate. Maxwell Wu is the CEO and Co-Founder of Fulcrum Lending Corporation, a digital lender for the modern investor. Maxwell has managed and underwritten billions of dollars in commercial real estate. Find out more: https://www.fulcrumlendingcorp.com/ https://www.linkedin.com/in/maxwelljwu/ Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the Devos Place conference center. This is The Must-Attend Two-Day event for Real Estate Investors at all levels! Kate Stoermer will be leading a special breakout session for Short-Term Rental Investors called "State of the State: A Data-Driven Analysis of the Short-Term Rental Market". Plus, Kate will be joining the round-table discussion on Short-Term Rental Management Strategies. Kate's Round-Table discussion on Short-Term Rental Property Management will be Thursday, February 22ndat 4pm. Kate's State of the State: Data-Driven Analysis of the Short-Term Rental Market will be Friday, February 23rd at 9am. Once again you don't want to miss the 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the Devos Place conference center. You can go to www.midwestREIconference.com to get your tickets and find out more.

Over the past year and a half, the unprecedented rise in interest rates has had many ripple effects across the commercial real estate investing world. These ripple effects have put many investments that were made in the past two to three years in jeopardy. Today we discuss those ripple effects and how preferred equity is being used to bolster the capital stack on new acquisitions or provide rescue funds for projects that are struggling due to increased costs. And I can think of no better person to help us make sense of this than friend of the show Paul Moore. You've seen Paul's articles on Bigger Pockets, and he's been on the show many times. Today Paul talks about preferred equity, and how it's being used to bring additional funds into many different types of projects. Paul is the founder and managing partner of Wellings Capital, and a best-selling author on multifamily and self-storage. Find out more: www.wellingscapital.com Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the Devos Place conference center. This is The Must-Attend Two-Day event for Real Estate Investors at all levels! And I have a special speaker announcement to make today. Scott Meyers will be our featured speaker on "Self-Storage Investing: Proven Strategies for Success" Scott will be speaking Thursday, February 22 at 4 pm. And you definitely don't want to miss his presentation. You can go to www.midwestREIconference.com to get your tickets and find out more.

Many real estate investors prefer to be passive and avoid the many responsibilities of owning and managing properties. You can do this by becoming a limited partner in a syndication, which affords you the tax benefits and profit participation of owning real estate, without the headaches of actually taking care of the investment. But investing in a syndication as a limited partner can be a daunting task. How do you know if you can trust the operator, understand the asset class, or even make a profit when all is said and done. My guest today advises limited partners on existing and future investments, and today he's going to help us understand how to properly vet LP investments in the grand scheme of our portfolios. Aleksey Chernobelskiy has underwritten and overseen $10 billion in commercial real estate portfolios in his previous position with STORE Capital. Lately, Aleksey has had many conversations with limited partner investors who are receiving capital calls from their sponsors. We're going to discuss how he advises his clients to respond. Find out more: https://lplessons.substack.com/p/top-15-syndication-mistakes LinkedIn: https://www.linkedin.com/in/chernobelskiy/ Twitter: https://twitter.com/chernobelskiy Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the Devos Place conference center. This is The Must-Attend Two-Day event for Real Estate Investors at all levels! And I have a special speaker announcement to make today. Jonathan Mast will be our featured speaker on Artificial Intelligence and his topic will be "Smart Investing: Maximizing AI's impact on Short-Term Vacation Rental Investing" Jonathan will be a featured speaker on Thursday, February 22 at 9 am. He'll also be presenting earlier that morning at 8am on "AI for Housing Providers and Investors" Come get your double-shot of AI that morning with Jonathan! You can go to www.midwestREIconference.com to get your tickets and find out more.

Rod Khleif is back on the show today. For those of you who don't know Rod, he owns multiple businesses, he's a philanthropist, and he's passionate about multifamily real estate, business, high performance strategies, and giving back. Rod owns over 2,000 properties and has an incredibly popular multifamily bootcamp and podcast. Today Rod shares his outlook on multifamily investing in 2024. Even though he's expecting more distress, he's also looking for incredible opportunities. During the Great Recession Rod lost over $50 million dollars, and he's going to highlight the specific steps he took to get it all back – and more. These are lessons that everyone can benefit from and put into action right away. Find out more: www.rodslinks.com Website: http://Rodkhleif.com LinkedIn: Rod Khleif - https://www.linkedin.com/in/rodkhleif/ Twitter: @RodKhleif - https://twitter.com/RodKhleif Instagram: @Rod_Khleif - https://www.instagram.com/rod_khleif/ Facebook: Rod Khleif Official - https://www.facebook.com/rodkhleifofficial/ YouTube: https://www.youtube.com/RodKhleif Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the Devos Place conference center. This is The Must-Attend Two-Day event for Real Estate Investors at all levels! And I have a special speaker announcement to make today. Adrian Smude will be our featured speaker on "Wheels of Fortune—Cashing in on Mobile Home Investing" Adrian will be speaking Thursday, February 22 at 10:30 am. And you definitely don't want to miss his presentation. You can go to www.midwestREIconference.com to get your tickets and find out more.

My guests today have developed their own unique systems and formulas for investing in multifamily, and today they're going to discuss joint ventures vs. syndications, the three core roles of multifamily investing, and their five cornerstones of a thriving multifamily business. Jen and Stacy Conkey have over two decades of investment experience and are the founders of Remote Multifamily Investing Academy. They're also co-authors of the book "Multifamily Freedom Hacking" which is available on Amazon. Jen is also an NLP Master Practitioner and business strategist, and she'll be sharing her fascinating insights on neuro-linguistic programming and how you can leverage NLP as a real estate investor. Find out more: YouTube channel: https://www.youtube.com/c/MultiFamilyRealEstateInvesting Facebook - Jen Conkey: https://www.facebook.com/jennifer.conkey Facebook - Stacy Rose Conkey: https://www.facebook.com/stacy.conkey Live Events: www.wowcon.com Website: www.rmfiacademy.com Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the DeVos Place conference center. This is the must-attend two-day event for real estate investors at all levels! And I have a special speaker announcement to make today. BiggerPockets contributor Alex Jarbo will be our featured speaker on "The Future of Hospitality Management in the Short-Term and Vacation Rental Space" on Thursday, February 22nd at 1:30pm. Alex will also be speaking on a panel that same morning at 8:00am on how to "Elevate Your Portfolio with Boutique Hotels & Resorts". You can go to www.midwestREIconference.com to get your tickets and find out more.

Over the past nine years Mike Mannino has built a business that flipped over 80 houses. By the age of 30, Mike had built a portfolio of over 60 rentals. He's also created multiple companies that generate over $1 million per year in revenue. Today Mike shares his strategies and secrets that have put him among the top 1% of income earners in the real estate industry. We discuss the systems and teams he's put in place to operate his businesses so he can work as little as possible, how he differentiates his company by directly marketing to sellers, as well as his parallel tract of investing in multifamily properties. Mike's big 'why' in the beginning was to help his dad retire by the age of 60. Did he get there? Listen to this episode to find out! Find out more: www.REWBuilders.com Free Resources: How to Fix and Flip a House For $55K Profit Step-By-Step - www.55KDeal.com How to Make $175,000 On A Deal (Apartment Or Self Storage) You Don't Want - www.175KDeal.com Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd in Grand Rapids, Michigan at DeVos Place. Anthony Chara will be one of our featured speakers, presenting on Building Generational Wealth: Increase Wealth Exponentially with Multifamily Properties. Anthony will be speaking Friday, February 23 at 10:30 am. He'll also be a guest on our apartment investing panel at 8am that same morning where we'll be discussing how to scale your investment strategies with apartments. This is THE must-attend two-day event for real estate investors at all levels! You can go to www.midwestREIconference.com to get your tickets and find out more.

Happy New Year everyone! It's January 1st and we have a huge announcement to make about the RPOA's 2024 Midwest Real Estate Investor Conference. Just like in past years it will take place this February in Grand Rapids, Michigan, and it's a must-attend for real estate investors at every level. But we're also changing it up a bit to make it even more impactful and exciting, so I've invited Kathy Bartnick from the RPOA here today to help share the news. Midwest Real Estate Investor Conference - February 22-23, 2024 | Downtown Grand Rapids, Michigan at Devos Place Find out more: https://www.midwestreiconference.com Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

No one ever wants or expects to find themselves in a lawsuit, but when you're a real estate investor, it's always something you need to protect yourself against. My guest today is a real estate investor and asset protection attorney, and he shares his asset protection techniques for real estate investors and discuss how you can become the CEO of your own wealth building company. Scott Royal Smith is the Founder and CEO of Royal Legal Solutions, offering tax, business, and legal strategies to clients in the U.S. and Canada. Today Scott discusses the importance of having the right insurance, asset protection, estate planning, and tax structure in your business. Find out more: Website: https://royallegalsolutions.com/partners-brian-hamrick YouTube: https://www.youtube.com/c/RoyalLegalSolutions Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

Meet our new RPOA Executive Director Erika Farley! In this end-of-the year holiday message, Erika will introduce herself and discuss the RPOA's success in pushing back on several bills at the state and local level. Erika shares the update on lead testing in the city of Grand Rapids, as well as the slate of housing and tenant's rights bills that were rolling through the legislature earlier this year. Plus, you can still get the early bird discount on the 2024 Midwest Real Estate Investor Conference. This is a must-attend two-day event for real estate investors at all levels happening February 22-23, 2024 in Grand Rapids, Michigan. Register now and get an early bird discount at midwestreiconference.com!

My guest today has over 42 years of experience in industrial real estate, and the lessons he's learned during that period are very timely in today's high-interest rate environment. His experiences especially during the Great Recession have informed his investment approach to be hyper-conservative. Joel Friedland has secured over 2,000 industrial property leases and sales, totaling over $250 million in acquisitions. He's raised over $150 million in private capital, and most impressively, he structures most of his syndications without any debt. Today Joel reveals the secrets to his successful industrial portfolio, shares the difficulty he went through during the Great Recession, and discusses the lessons he learned that led him to buy properties with little to no debt. Find out more: Email: [email protected] Website: britproperties.com Instagram: @investingwithjoel YouTube: @britproperties LinkedIn: Brit Properties Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

If you're looking to gain insight into the current state of renting and tenant habits, it helps to have lots of quality data at your disposal. My guest today has access to that type of data through his tech company that helps property owners manage tens of thousands of rental units across the U.S. including hundreds of millions in annual rent payments. Vikas Gupta is the CEO of Azibo, an online platform that provides an easy way to collect rent, manage finances, and find tenants. Vikas is going to share insight from Azibo's data findings, the lingering gaps he sees in data collection for commercial real estate, and his point-of-view on the real estate market. Find out more: www.azibo.com Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

We're hearing a lot in the media about impending doom in the commercial real estate market. Should we be bracing ourselves for a repeat of 2008 and 2009? You might have seen Paul Moore's recent BiggerPockets article titled "What's Really Behind the Slew of Recent Commercial Failures", in which he urges us not to overgeneralize the term 'commercial real estate', and instead recognize that there are many asset classes in many locations, and many of them will be just fine. I've invited Paul back to the show to share his perspective on whether we should be bracing ourselves for a commercial real estate crash, and what he's hearing from his network on where the distress really exists. Paul is the founder and managing partner of Wellings Capital, and a best-selling author on multifamily and self-storage. Find out more: www.wellingscapital.com Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

Owning waterfront property is the dream of many real estate investors. But buying and selling waterfront property is very different than your typical real estate transaction. Tia Lilly is the founder of Property Cape Cod Real Estate. Tia is a seasoned real estate professional with almost two decades of experience specializing in all types of waterfront properties on Cape Cod, including waterfront, water view, lake/pond, riverfront, and beachfront properties. She understands that selling a waterfront property differs from a traditional home sale, but this fact is not widely known. Today, Tia is going to walk us through all the things we need to consider when it comes to buying or selling waterfront property. We'll also discuss her methods of valuing a property, and what vacation rental investors need to consider in order to be profitable. Find out more: Tia Lilly 508-280-5728 [email protected] https://propertycapecod.com/podcast-offer/ Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

One of the hottest real estate asset classes right now is industrial. On the surface, industrial investment sounds great – you have a few tenants who pay their rent, all the bills, and sometimes even the property tax. But is it as easy as that? My guest today believes that Industrial is the hidden ATM of real estate investing. Shannon Robnett is a real estate developer with a principal focus on multifamily and industrial real estate in the greater Boise, Idaho area. He's been in this market for over 27 years, he's a 2nd generation builder and developer, and has been involved in over $425 million of construction projects. Today Shannon breaks down the numbers and reasons why Industrial is such a strong asset class. You'll learn what type he builds, the tenants he prefers, and the types of financing he uses. Find out more: Website: https://shannonrobnett.com/ LinkedIn: https://www.linkedin.com/in/shannonrobnett/ Instagram: https://www.instagram.com/shannonrayrobnett/ Facebook: https://www.facebook.com/shannon.robnett.1 Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

There's a lot of speculation right now about the state of the real estate market and the outlook for multifamily apartments. Will we see a steep drop in value, or will sales pick back up once interest rates stabilize? And what direction will we see rents go? My guest today believes we will see a rise in demand for multifamily housing along with higher rents. As a builder, developer, and investor, he's in a position to know. Eric Garrett is the Founder and CEO of The Garret Companies, ranked as one of the fastest-growing privately held companies in America. Since 1999, Eric has owned, developed, and delivered over 73 projects in 17 states totaling over 16,000 units and in excess of $3.5 billion in valuation. Today Eric discusses the type of apartment developments he builds, what he looks for in his site selection, and how he's able to control costs by controlling his labor and material supply. Eric will also share why he believes the simple supply and demand equation will lead to higher rent increases. Find out more: https://www.thegarrettco.com/ Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

Many real estate investors and entrepreneurs have discovered that finding and navigating the health insurance marketplace can be time-consuming and difficult. Compounding that difficulty is the open enrollment period, which only occurs for several months out of the year. Ever since I left my W2 job ten years ago, I've relied on Chad Creasey from RCB & Associates to help me cut through the confusion and find the best health insurance provider and policy for myself and my family. I asked Chad to join us for this episode of Next Level Thursday to discuss the open enrollment period and what you need to know in order to find the best policy for your circumstances. If you're in need of help with your health Insurance policy in Michigan or Georgia, you can contact Chad by phone or website: 616-822-9286 https://www.rcbassociatesllc.com/

In today's challenging real estate landscape marked by inflation and rising interest rates, Jon Siegel, a seasoned expert with over $25 billion in multifamily transaction experience, shares his insights. As a former HUD loan sales advisor, Director of Structured Transactions at Fannie Mae, and Director of Acquisitions for a leading multifamily real estate firm, Jon offers valuable advice for long-term success in multifamily investing. Join us as Jon discusses the changing landscape of capital access in real estate since the early '90s and its impact on investors. Find out more: [email protected] www.railfieldrealty.com Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

I've heard horror stories from some of my investor friends in Texas who saw their property insurance costs go from $350 a door to $1,500 a door over the past year. That made me happy to be investing in Michigan, which is much more of a climate haven that isn't affected as much by the costs of the extreme weather that we're seeing in Texas, Florida, and other coastal states. But then my insurance company notified me that they weren't going to renew my $7,500 policy on a 37-unit I own here in Grand Rapids. The next best price we could find was $23,000! That's almost a 200% increase overnight. Mike Murphy from Brouwers Insurance Agency is my insurance broker on the majority of my portfolio. I invited him to this week's episode of Next Level Thursday to share his insight into the skyrocketing costs we're seeing in the property insurance world. Mike is going to let us know what to expect with our policies, what we can do to offset the higher costs, and his expectations for 2024. Mike can be reached: [email protected] 616-891-0123

The last time my guest was on the show he shared some mind-blowing 1031 exchange strategies that can help you shelter your real estate sale profits from the IRS. That was episode #237 if you want to check it out. Dave Foster is back on the show again today to share more examples of successful 1031 exchanges and update us on the latest proposed legislative changes to this incredible investment tool. Dave also released an Amazon best-selling book called "Lifetime Tax-Free Wealth: The Real Estate Investor's Guide to The 1031 Exchange". Find out more: Website: https://www.the1031investor.com/ LinkedIn: https://www.linkedin.com/in/davefoster1031/ YouTube: https://www.youtube.com/c/The1031Investor Lifetime Tax-Free Wealth: The Real Estate Investor's Guide to The 1031 Exchange: https://a.co/d/hs4Rv92 Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

Spend the night with me in a haunted house! Welcome to part 2 of our Halloween series on haunted houses, apparitions, paranormal experiences, and the roommates who don't pay rent and can't be evicted. In part one (episode #251) you were introduced to a retired reverend who has been experiencing paranormal activity and communicating with the dead since his near-death experience at the age of 5. You also met several of his paranormal research assistants and heard their stories as well. In this episode we take you on a ghost hunting adventure to a haunted house in the historic district of Bay City Michigan. You'll find out the strange reasons we were brought there in the first place, how the homeowner was almost pushed off a ladder by a ghost, and what happened that night after 2:00 am that is so strange, and so hard to explain, that I can't wait to share it with you. If you're experiencing paranormal activity in your home, rental property, or place of business, you can contact Reverend Hunter through his publisher at https://thunderbaypressmichigan.com. Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

If you're struggling with your short-term rental property and wondering how you can get more guests, better reviews, more cash, and become a better property manager, you'll definitely benefit from this conversation. Luke Carl has been managing vacation homes since 2015 with over 6,000 bookings. He's taught over 10,000 successful short-term rental property managers and has been through every short-term challenge you can imagine. Luke is the Director of Education for one of the biggest real estate teams in the nation called the Short Term Shop. In this episode, Luke discusses the three 'Ps' necessary to improve your bookings – Pictures, Pricing, and Platforms. He also discusses the different apps available to make your short-term rental management more efficient. Find out more: https://theshorttermshop.com/ https://linktr.ee/strmshow Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

In continuation of our celebration of all things Halloween, it's time to bring back this incredible episode we recorded three years ago... Welcome to our special Halloween edition with hair-raising stories about haunted houses, apparitions, paranormal experiences, and the roommates who don't pay rent, and can't be evicted. We did something similar 3 years ago on episode #94 and it was one of my favorite all-time episodes. Today we go even deeper into paranormal phenomenon and I know you're going to love this incredibly thrilling episode! I recorded so many great stories that I had to break them up into two episodes: In part one you'll meet a group of paranormal researchers and the retired reverend who has brought them together. In part two you'll get to accompany me to a real-life haunted house in Bay City, Michigan. I want to warn you that some of these stories will frighten you, and some may even terrify you. If you're easily scared or prone to nightmares, then this is not the episode for you. Aside from the sound effects I've added in, everything you're about to hear is the actual professed experiences of the people involved. These are real people, with real stories of paranormal events that can't be explained, and are even harder to understand. If you own a home, rental property, or business that is haunted or experiencing paranormal activity, then Reverend Hunter would like to hear from you. You can contact him through his publisher at Thunder Bay Press: https://thunderbaypressmichigan.com/contact Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

My guest today left behind a promising career as a BMX freestyler to become a real estate investor. He built a portfolio of 50 residential properties prior to the great recession, and then pivoted to building a real estate tech company called Connected Investors that he sold for multigenerational wealth. Ross Hamilton made his first million by the age of 20 through real estate, and he's here today to share his story and secrets that he's learned from other successful people like himself. Ross will also share how he's giving back with his new non-profit that is solving the affordable housing crisis. You can find out more about that by going to www.savinghomes.org. Find out more: connectedinvestors.com Social Media: facebook.com/connectedinvestors tiktok.com/@connectedinvestors instagram.com/connectedinvestors linkedin.com/company/connected-investors Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

This is one of my all-time favorite episodes, and since Halloween is coming up I wanted to scare our listeners one more time. Get ready to get scared by this special Halloween episode with real ghost stories from the perspective of rental property owners, homeowners, and tenants. Whether you believe in ghosts or not, sometimes strange and inexplicable things happen that make the hairs on the back of your neck stand up. Our guests today talk about the creaking doors, the footsteps, the feeling of being watched, and the sensation of seeing an apparition of someone long dead. With stories from old and new guests: Ann Finkler, Gary Hall, Steve DeKoster, Brandon Krieg, John Potter, and Sue DeJong. I know you'll enjoy this episode and I'd appreciate it if you'd share that enjoyment by giving us a review and rating in iTunes. Happy Halloween!

The BRRRR method is one of the most tried and true real estate investing plays. BRRRR stands for Buy, Rehab, Rent, Refinance, and Repeat, and this strategy has helped countless investors build their real estate portfolios and achieve cash flow. My guest today has his own spin on this strategy using the SCALE framework. Bigger Pockets even published his book on this topic called Accelerate Your Real Estate, and he's here today to share it. Niti Jamdar is the co-founder of Open Spaces Capital and Open Spaces Women which he co-founded with his wife, and it's their passion to empower investors to pursue entrepreneurship through real estate investing. Find out more: openspaceswomen.com openspacescapital.com/ instagram.com/openspaceswomen/ instagram.com/rewealthblueprint/ linkedin.com/in/palak7/ linkedin.com/in/niti-jamdar-a720585/ facebook.com/openspaceswomen youtube.com/@openspaces1251 Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

In today's economy, its very difficult to make new ground-up construction projects pencil out. With higher interest rates, labor and material costs, and a decrease in construction financing options, we need to come up with alternate solutions to fund our projects. Your capital stack refers to all of the different sources of funds that you can bring into your project alongside your debt and equity. The more funding sources you can layer into your capital stack, the better the chance you'll have a viable investment opportunity. On today's Next Level Thursday episode, developer Josh Canale from Great Lakes Development Group discusses the many sources of incentives that you can access for new construction. We'll talk about TIF and Brownfield, NEZ (neighborhood enterprise zone), federal dollars, and other state and municipal incentives. We'll also discuss where you can go and who you can talk to in order to find all of the capital available for your project. You can learn more about Josh Canale through his website: https://www.greatlakesdevgroup.com/

There's trouble on the horizon for commercial real estate. Some of that trouble is coming from the office sector, some of it is because of higher insurance costs, and some of it is a result of interest rates more than doubling from this time last year. What kind of distress are we seeing in the commercial real estate market, and how can we understand it better, so that we can perhaps acquire properties at a discount? My guest today believes a period of wealth transfer in CRE is upon us, bringing exceptional investment opportunities to both sponsors looking to buy discounted deals, and to individual accredited investors who want to invest in these opportunities. Dr. Adam Gower is a 30+ year real estate veteran with over $1.5 billion in CRE investment who has taught over 4,800 people how to build wealth, preserve capital, and earn passive income from investing in real estate. Today Dr. Gower shares his perspective on the economy, the Fed and interest rates, and how different real estate asset classes will respond to this distress. Find out more: [email protected] https://gowercrowd.com/ Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

In 2021, Charlie Kao and I were considering buying an off-market self-storage facility in northern Michigan. All of the numbers looked great, but the one sticking point was that the seller wanted to stay on as property manager. On top of that, he insisted on being paid twice the going rate for a property manager on a facility of that size. As a rule, it's never a good idea to hire the seller as your property manager, especially when you're investing in a value-add property. But in this case, there was another group that was willing to hire him at his price. We couldn't understand why they were willing to do that. Charlie and I were about to walk away from the deal. But then we asked ourselves, "Why is the other group willing to hire him, and how does it actually make sense in this case?" Check out this week's episode of Next Level Thursday to find out. Find out more about Charlie Kao: https://www.twinoakscap.com/

Recently, the city of San Diego, California implemented a new program to help increase housing stock and affordability. They created a bonus accessory dwelling unit, or ADU, program that allows investors to build 10, 20, 30 or more units where a single-family home existed before. My guest today sees this program as a 'pot of gold' for real estate investors, and he's going to share how he's been leveraging this program to create new profit streams for himself and his investors. Shawn DiMartile is the co-founder of Takeoff Capital, a private equity firm with over $50 million in assets under managements spread across 300 units. Today Shawn discusses the important ways in which ADUs can help increase housing stock, how San Diego has made ADUs a priority, and how he and his investors have been leveraging this strategy in their portfolio. Find out more: Instagram: @shawn_dimartile Website: www.investorshawn.com Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

When it comes to signing documents, how much time have you wasted printing, signing, and then scanning the document back into your computer? On today's episode of Next Level Thursday, Brian shares one of his favorite hacks that will allow you to save paper, printer ink, and most importantly—your time. Follow along on Youtube to watch how you can electronically sign PDF documents quickly and easily. And be sure to leave us a 5-star review and rating on your favorite podcast app.

One of the after effects of the Covid-19 pandemic has been an increase in people working from home, and a decrease in the need for office space. This has had a dramatic effect on office buildings as an asset class and continues to be a problem with only half of the workforce returning to the office. Many developers are considering re-purposing vacant office buildings into residential and apartment buildings. But doing that can be a lot more difficult than it seems. Today's guest is nearing completion of an office to apartment conversion, and he's here to share his experiences, both good and bad. We'll discuss his challenges working with architects, engineers, and city inspectors, and the delays he's encountered along the way. Andrew will also share the silver lining that makes it all worthwhile and why he's bullish on the Baltimore market. Andrew Hinton is the acquisition lead for GL Capital, which focuses on apartment syndication and development in Pennsylvania, Maryland, and Virginia. Find out more: www.glcapital.io https://www.linkedin.com/in/andrewhintonglc/ Cell: 267-269-0128 Email: [email protected] Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

Any time you start a new construction project one of the biggest mysteries you'll encounter is what you might find under the ground. Well, you won't believe what we found under the old parking lot at our apartment development site. Today I'm joined by Brad Laackman from Honor Construction. Brad discusses the things he's found under the ground during his construction career, as well as the surprising discovery we made at our 120-unit apartment construction site in Grand Rapids, MI. You can find out more about our development and watch our monthly construction updates at: https://www.victorydevgroup.com/

Welcome to the Management Styles for Short-Term Rentals Panel. What management style is best suited for your short-term rentals? Should you handle managing yourself, or is a third-party team a better option? How do you know you're making the right choice? We have a great group with us today to help answer these questions. Tony Stancato is an emerging industry leader. With a personal portfolio of four short-term rental properties totaling 11 doors and a successful vacation rental management company called 'Book N Gather', Tony has a wealth of knowledge and experience to share with us today. Tony is a co-host of the popular Michigan Short Term Rentals podcast and a short-term rental real estate agent. Nate DePelsMaeker is a Field Sales Executive for Vacasa. He is a licensed real estate salesperson and who uses his background in both short-term rental management and professional sales to assist homeowners in deciding for or against full-service third-party managements solutions for their vacation home(s). Brenden Stark's comprehensive connection to West Michigan make him an unparalleled matchmaker between buyer and seller in the short-term rental space. Brenden is the owner of Stark Vacation Rentals and specializes in creating beautiful spaces for a quick escape or long vacation getaway. Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

In 2021, Jeremy Garcia's commercial realtor brought him a semi-off-market listing for a 14-acre vacation resort located on the shores of Lake Michigan in North Muskegon. The resort had been closed for two years due to Covid, and the seller's reported income pre-Covid didn't come close to justifying the $2 million price tag they were asking for. They also weren't willing to consider seller financing, which seemed to be the only way to justify their price since the lack of a financial history made the property un-financeable. So how were we able to close on this property in 2022? In this episode of Next Level Thursday, Jeremy and I break down the challenges we had acquiring this vacation resort and the strategy we employed to find a lender for an un-financeable property. You can find out more about Scenic Drive Resort and even book a stay by going to https://bookdreamstay.com/.

When you ask most investors how much passive income they would need to be financially free, the most common answer is $10,000 per month. Well, my guest today is on track to generate a staggering passive income of more than $2 million a month! Kyle Seyboth owns over 300 units, is Wall Street Journal's #1 Realtor Nationwide, and founder of Century 21 Limitless. Kyle is here today to share his plan to transition from millionaire to billionaire. We'll also discuss how he masters time management through decision reduction and coaches his partners to achieve maximum success. Kyle also breaks down his multiple streams of income and how each stream will contribute to his monthly income. Find out more: Search for Kyle Seyboth on Facebook, LinkedIn and other social media platforms. The Seyboth Team Real Estate Century 21 Limitless Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

Welcome to Next Level Thursday! On our very first episode we're going to discuss FEMA Flood Zone Maps and why you must include them in your due diligence when buying any type of property. Both lenders and insurance companies look at FEMA flood maps to assess risk and determine whether you'll need to pay for extra flood insurance—which can be quite costly. If you're already paying for flood insurance, then you'll also want to re-check the FEMA flood maps because they've been updated in the past year. I'll discuss my property where we were paying an extra $15,000 in flood insurance, and how FEMA revised their flood maps and I don't have to pay that any longer.

We made it to episode #400! Today your host, Brian Hamrick, is going to give you a peek behind the curtain and share insight into the past 400 episodes and where this podcast is heading for the next 400. Brian will also reveal his top 5 predictions on trends and headwinds that investors need to be aware of in the coming months and years. Thanks for being a loyal viewer and listener of this show. Please leave us a rating and review on whatever podcast app you listen to us on! Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com