Rental Property Owner & Real Estate Investor Podcast

When it comes to successful real estate investing, having access to reliable and accurate data can have a huge impact on your profit potential. Technology has brought us to a point where there's an abundance of data available, you just have to know where to find it and how to use it properly. Today's guest is levelling the playing field by helping small businesses and investors get access to the same data and public records that are coveted by larger firms. Sean O'Toole flipped over 150 properties in Silicon Valley before he strategically exited the market in 2006 to focus on real estate technology. He founded ForeclosureRadar in 2007, and in 2013 he pivoted away from foreclosures to general real estate with the launch of PropertyRadar. Today, Sean is going to help us understand how data should drive our decisions, what we should look for when applying data to our due diligence, and why having access to the right data can create a consistent pipeline of opportunities and be a game changer. We're also going to discuss 'Information Arbitrage' and how understanding that concept has helped Sean profit from deals other investors have avoided. Sean is sharing a glimpse into a world that most investors spend little time understanding or researching. But those who do take the time can develop x-ray vision into opportunities that might scare away other investors. Sean is sharing a glimpse into a world that most investors spend little time understanding or researching. But those who do take the time can develop x-ray vision into opportunities that might scare away other investors. You'll definitely benefit from Sean's examples and stories. You can find out more about Sean by going to www.propertyradar.com

My guest today could be called 'prolific' in many different ways. First of all, he's an accomplished Film Composer in Los Angeles who has created music for many popular movies and tv shows. He's also prolific in his Real Estate Investing in that he's created 72 Streams of Income and enjoys his share of the cash-flow from over 25,000 rental units consisting of Single Family Rentals, Apartments, Self Storage, Mobile Home Parks, Retail Shopping Centers, and Notes. Bryan Miller is an Investor, Developer, and Film Composer. In his 16 years of Real Estate Investing Experience he's Flipped over 20 homes in multiple markets, raised over $7 Million in private money, and he's currently building 46 Single Family Homes and 58 Rental Units in Los Angeles. Today, Bryan is going to share how he built those 72 streams of income, starting with the single family rental he purchased in Los Angeles and the 19 Phoenix AZ Condos he bought during the great recession at huge discounts. We'll also learn about the passive investing he's done in other people's syndications, as well as the development projects he's raising capital for in the LA area. I know you're going to enjoy this conversation with Bryan. You can contact him through his website: https://capitalstackinvestments.com

Many businesses are struggling to stay afloat during this Covid-19 pandemic, and Commercial real estate is no exception. So how can real estate investors and professionals stay ahead of the curve, and what type of calculated risks could actually be beneficial for commercial real estate? Today, we're going to talk with an attorney who's 30 years of experience has given him insight into how to navigate this crisis in order to survive the rapidly changing commercial office and retail real estate market. Johnny Merritt is a Texas-based attorney experienced in complex corporate and real estate matters. He represents billion-dollar corporations and multi-million-dollar real estate developers. And today he's going to help us understand the extent of the damage to commercial real estate as the opportunities in this arena. We're also going to discuss how landlords can work with their tenants to either forgive or defer payments, why you should always look for the 'right of first refusal' clause in a contract, and how fractional general counsel arrangements can save you money and avoid legal problems. I know you'll enjoy today's episode, especially the free legal insight and experience! Johnny can be contacted through his website @ https://johnnymerritt.com

During the Great Recession there was a lot of opportunity for those who knew how to invest in short sales and foreclosure properties. As the economy improved over the past 10 years, these strategies were needed less and less for various reasons. But now with Coronavirus' impact on our economy, is this cycle starting up again? My guest today not only has an answer to that question, she is actively investing in, and teaching others to invest in, pre-foreclosure and short sales. Dwan Bent-Twyford has been on numerous TV shows, she's written four best-sellers, runs her own blog and YouTube channel, and her mission is to teach people how to build a business that they can pass down to their grandchildren, just like she's doing. Today, Dwan is going to do a deep dive into short sales and the foreclosure process. She will share who she contacts at the bank and the conversation she has with them, her persuasion techniques to get the price she wants, and how she finds her distressed homeowners through strategic marketing. Dwan will also discuss her outlook on the opportunities to expect due to the coronavirus' effect on borrower's ability to pay their mortgages. This is a great episode for anyone who is looking for ways to find properties off-market by dealing directly with the seller and lender. You can contact Dwan through her website and continue the experience through her podcast: https://dwanderful.com The Most Dwanderful Real Estate Podcast Ever!

What does it take to find off-market deals and convert the owners of these properties into sellers? My guest today is going to help answer that question. Sterling White is a multifamily investor who specializes in value-add apartments in Indianapolis and other midwestern markets. In just under 10 years he's created a $19 Million portfolio through his company Sonder Investment Group. Sterling is a seasoned Real Estate Investor, Philanthropist, Speaker, Podcast Host & Mentor. He's also the author of the book "From Zero to 400 Units" and hosts "The Real Estate Experience Podcast". Today Sterling is going to explain what it means to overcome limiting beliefs and the three major steps he took in his life to overcome those beliefs, how he approaches owners directly and converts them into sellers, and the art of the follow-up and how it's helped him get to that all important 'yes'. Sterling is also going to share the decision that cost him $1Million, and how you can avoid making that same mistake. I know you're going to enjoy this episode with Sterling. You can find out more about him in the following ways: Instagram: SterlingWhiteOfficial https://www.sonderinvestmentgroup.com Sterling was also previously a guest on episode #163

Housing values have been rising steadily since the Great Recession, and many people, like myself, have been watching from the sidelines while investors and homeowners pay prices we wouldn't have dreamed of ten years ago. Many investors think the housing market shows troubling similarities to 2008, but my guest today disagrees and believes the housing boom is just getting started and today he's going to explain 'why'. Bob Fraser is the Founder & Principal of Aspen Funds and has purchased more than 1,000 mortgage notes earning double-digit annual returns. Today he's not only going to discuss his optimistic outlook on the housing market, he's also going to share how you can take advantage of one of the most effective and overlooked avenues of real estate investing. If you're able to watch this episode on youtube you'll also enjoy the charts and data that Bob has brought which show the economic trends of the housing market. Bob makes a great case for why the housing market still has plenty of room to continue it's rise. Bob and I also discuss what it means to be a "Lienlord", First and Second Mortgage Notes, and why investing in Second Liens isn't as risky as you might think. Bob shares a ton of great information and value in today's episode. You can find out more about him and Aspen Funds by going to https://aspenfunds.us

Anyone who has spent time researching notes and seller financing is going to be familiar with today's guest. Over the past 40 years he has purchased more than 40,000 notes and his NoteSchool executive team has bought 3.5 billion dollars in notes. He's an esteemed teacher of all aspects of real estate notes, won many industry awards and is an inaugural inductee into the Small Balance Real Estate Hall of Fame. Of course, I'm talking about Eddie Speed, and I'm excited to finally have the chance to talk with him. At his core, Eddie is a problem solver who is skilled at finding opportunity in the challenges most investors aren't able to solve. In finding those creative solutions, Eddie is able to achieve exponential profits. Over the past decade he has helped countless investors expand their portfolios by the millions using his out-of-the-box techniques --- and today he's going to share a new strategy that he's teaching & using himself to make huge profits. Eddie's going to discuss the creative ways he's discovered to negotiate and buy on terms. You'll be learning insight into seller psychology and why they're so hung up on 'getting their price' or a certain interest rate, and how you can use those needs to your advantage. We'll also discuss the mistakes sellers make when creating a note, and how and why they might eventually sell that note back to the original buyer. Eddie's examples and experience will definitely expand your mind as to what is possible when making an offer. You definitely don't want to miss this episode. You can download Eddie's new book and find out more about his business by going to https://new.noteschool.com/moneyball-getstarted/

My guest today played goalkeeper for a Big 12 Championship-winning women's soccer team, spent years touring the world as the lead guitar player in a punk rock band, and became a millionaire by the age of 31 by strategically investing in short term and vacation rental properties. Avery Carl owns a portfolio of 30 properties and is the CEO and founder of the Short Term Shop, a real estate team that helps investors acquire short term rental properties in the most recession resistant markets, and trains them on the methods that led her out of the corporate rat race and into financial freedom. Today, Avery is going to help us understand the right markets to invest in, the difference between buying an Airbnb and vacation rental investing, how you can self-manage a short-term rental remotely from anywhere, and how to analyze a potential vacation rental for optimal ROI and cash-on-cash return. Avery will also share the type of loan she uses to finance her vacation home acquisitions. There is a huge amount of valuable information packed into this conversation. You can contact Avery through her website or email: https://theshorttermshop.com [email protected]

Today we're going to talk about the dirty and gritty side of investing in real estate and the unglamorous aspects that most rental owners have to deal with, such as septic clean ups, eviction clean-outs, pre-1920's construction and investing in C & D, and even F properties. These are the parts of our business that people rarely think about that can actually be quite profitable. And here to share his experience in this area is Mike Bonadies, a landlord and co-owner of a New Jersey-based property management company called TerraVestra, as well as a maintenance, preservation, and construction company called Side By Side MRO. Mike owns 25 units of small multi-family and mixed-use, and he manages 225 units. His maintenance and preservation company has worked on over 600 units and foreclosures, and they specialize in pre-1940 Multi-family construction. Today Mike is going to share his knowledge on the different types of electrical wiring and plumbing materials to look for during an inspection, septic and fuel infrastructure issues that can create expensive toxic waste clean-up problems, as well as his experiences getting rid of tenants who were selling drugs or prostitution at his properties. I know you're going to get a lot of great information that will help you make better decisions when investing in rental property. You can contact Mike by going to: https://www.terravestrapropertymanagement.com https://www.sidebysidemro.com

One of the reasons people are reluctant to start investing in real estate is that they don't want to deal with tenants, toilets & trash. And anyone who manages residential real estate will tell you that it can be very stressful and time consuming. My guest today is going to help us tackle those reservations head on. He believes that property managers can take their real estate investments to the next level through simple tweaks to their mindset and tactics, especially when it comes to working with tenants. Gary Spencer-Smith has over 20 years of experience in real estate and is an active investor with more than $10 Million in single family homes, commercial real estate and resort properties. He also just completed his new book called "The Property Manager Mindset: Reduce Stress, Save Time, Earn More Money" and he's the co-owner of RevNYou, a growing real estate education platform. Today Gary is going to share Property Manager Mindset Shifts that will help you become immune to emotional manipulation, think like a tenant to reduce stress, and solve the 3 most common tenant problems managers encounter. We'll also discuss the ad copy that attracts your ideal renters, Gary's 4-level system for ranking tenants and property to ensure rents get paid, worst-cast analysis to prepare you for anything, and Gary's systems and checklists that build confidence for tenant walk throughs, move outs, and repair requests. I know you're going to get a lot of great advice and ideas from this episode. You can learn more about Gary by going to https://www.revnyou.com by email: [email protected] Youtube: Rev N You with Real Estate

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 & 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. Today, we're going to 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 A.M. 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

Welcome to our Special Halloween Edition with all new 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 EP#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 2 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

Hello & welcome to episode 250. We've reached the quarter-century mark and I thought I'd do things a little differently to celebrate this milestone. We're not going to have a guest today, I'm just going to spend a little time talking with you about the show: giving you a behind-the-scenes peek at how we put it together, answering some of your questions and feedback, and sharing the systems, technology & lessons I've learned from hosting this show over the past 249 episodes. I'll also be discussing some of the deals I've done with people I've met through the show, as well as my outlook on the real estate market and the property I just closed on this week that we intend to develop. You'll also find out why one of my favorite all-time episodes is the one that will be going live next week. I hope you enjoy this behind the scenes tour. I'm very grateful for the opportunity to share these past 250 episodes with you, and want to thank the incredible team at the Rental Property Association for making it possible.

When you live in a high cost area such as the San Francisco Bay community, you have to apply some serious out-of-the-box thinking to achieve profit in real estate investing. Over the last six years, today's guest has taken over 50 multifamily units from negative to high cash flow positions using the traditional BRRRR model as well as fix & flips. She's also figured out a way to double her money in multifamily investing in under two years. Sri Latha has been investing in multifamily since 2014 and she brings her experience as a data scientist and researcher to the finding, analyzing and acquisition of commercial multifamily. Sri and her husband are also under contract for several hotel-to-multifamily conversions. Today Sri is going to share how she's able to double her investment within one to two years as well as her strategy for buying in high-cost, rent-controlled areas of California. We'll also be doing a deep dive into Sri's three favorite techniques, which are Cash For Keys, ADU's (Accessory Dwelling Units), and Layout Changes. We'll also discuss her hotel rehab and conversion strategy that she's about to employ, and learn how and why rezoning is one of the most profitable things you can do in real estate investing. I know you're going to enjoy this conversation with Sri, and it's very likely she will change the way you think about profiting from Real Estate. You can get in touch with her through www.thesrilathagroup.com and Instagram or [email protected]

Today we're going to talk to someone who has achieved huge success investing in commercial multifamily and apartments. Recently he's grown his company's portfolio from 2,500 units owned & operated to over 6,200 units. He's raised money from both institutional and individual investors through syndications and closed-end asset funds. John Azar is an Executive Vice President and Managing Member of MACC Venture Partners where he directs acquisitions, strategic development, capital management and growth. In his past roles, John has been a commercial banker in various financial institutions and understands inside & out debt and equity financing as well as deal structure and how to grow successful companies. Today John is going to explain how he structures his deals, sources his financing, and the types of investors he works with and the returns they expect. John will also share how his experience as an immigrant to the U.S. has shaped his perspective on success. I know you're going to score a wealth of information from today's conversation. You can contact John through email or website: [email protected] or https://maccvp.com

You may remember a podcast conversation I had with UK investor Susannah Cole several months ago where she shared the HMO concept – Homes of Multiple Occupancy. This is somewhat unique in the United States, but very prevalent in the UK, and it basically is a co-living situation where professionals rent out rooms in a shared house. I wasn't really aware of this concept in the U.S. outside student housing, group homes and boarding houses, but apparently my guest today has been quite successful at it. Shortly after Susannah's episode aired I was contacted by Ron Thomas, an investor out of Albuquerque, New Mexico who has not only developed this model for his real estate business, but claims it works better than any other real estate strategy he's tried. Ron has been developing and perfecting his sytems for Shared Residence since 2009, and teaches his model to other local real estate investors. Today he's going to explain how it works and how he's averaging $1,000 net per property. We'll also discuss the type of home that works best for this strategy, how Ron markets to his residents, and some creative financing strategies that can keep the acquisition cost reasonable. Ron has a lot of great wisdom to share in this episode that every level of investor will benefit from. You can find out more about Ron and his training by going to https://courses.shared-residence.com

Investing in Performing or Non-Performing Notes can yield incredibly lucrative results for those who know what they're doing. But if you are a beginner there will be many pitfalls and challenges you'll need to overcome in order to be successful. Back in February 2020 at the RPOA Annual Conference we held an expert panel roundtable to discuss best practices and the situations note investors should avoid. You'll enjoy hearing our expert's many stories and examples, as well as their greatest hits & losses. Donna Bauer is a trainer and coach who has done every type of real estate transaction: buying, selling, leasing – everything having to do with real property. She's also done every type of note deal whether it be performing, non-performing, seller-financed or anything in-between, and she will tell you that hands-down she prefers paper over property any day of the week. Gene Chandler has 46 years of real estate investing experience and is the asset manager for Chandler & Chandler Financial, which specializes in buying one-off and large & small pools of distressed assets directly from banks, hedge funds, and private equity groups. Kyle Zimpleman is also a note investor with a mission of helping distressed home-owners stay in their homes. Kyle is the President & CEO of Expand Capital Group and purchases distressed mortgages throughout the U.S. He's also started a fund to help passive investors invest in this space. Kyle was a guest on episode #151.

I've been an admirer of today's guest ever since I came across his Cash Flow Diary podcast many years ago. J Massey has raised capital for, and invested in, single-family homes, notes, cell phone towers, commercial real estate and apartments. And today he's going to tell us about the new path his investing business has taken and why he sees a world of opportunity is short-term rentals. J has built his very own 34-unit, 46-bedroom, short-term rental business from scratch and has shifted his Cashflow Diary brand to focus exclusively on building and training short-term rental entrepreneurs. J is also going to share how you can build a successful business with your spouse, his special sales tips for new business owners and entrepreneurs, and how he's dealing with the unique challenges of operating a business during the Covid-19 pandemic. Whether you're a Short-Term Rental Investor or not, you'll get a lot of great tips & advice in today's conversation. You can contact J Massey through his website & podcast https://cashflowdiary.com

One of the things I'm trying to accomplish during this Coronavirus Pandemic is systematizing and streamlining my business in order to become a leaner and more efficient real estate investor in this new and uncertain economy. One of the ways I'd like to do that, but I don't really understand it or know how to execute on it, is through the use of Virtual Assistants. How do I find the right fit and in what ways can they make my business even more successful? That's why I'm looking forward to our conversation with Amy Ransdell today. Amy is the CMO for virtual assistant provider REVA Global and lead generation company Deal-Dialers. She also runs an investment team and brokerage sales team in Marietta Georgia and has been buying, renovating, and wholesaling homes for over 18 years. Amy's deepest passion is to empower people to grow their investment skills and entrepreneurial fortitude, and today she's going to help us do that by sharing how we can best utilize virtual assistants. Amy is going to explain the mindset that VA's are an investment and not an expense, the DISC personality profiling she puts her VA's through, and the process investor's need to follow to determine if hiring a VA is right for them. I know you're going to enjoy this conversation with Amy. If you've never considered hiring a VA you'll definitely be considering it after listening to this episode. Amy can be contacted through email @ [email protected] or https://revaglobal.com

What does it take to raise OPM "Other People's Money" in order to acquire larger real estate deals than you'd ordinarily be able to do by yourself? Should you be thinking about raising OPM in order to take your investing business to the Next Level? According to my guest today, it takes a certain type of person to thrive in syndicating and 40% of the people he's seen do their first syndication deal never do it again. That's why he wrote a book about Syndication and its pitfalls called "Syndicating is a BI#@H: And Other Truths You Haven't Been Told". And today Bruce Petersen is here to discuss these truths and help you figure out if syndication is a road you want to travel. Bruce built his Apt-Guy empire and wealth by syndicating over 1,100 units in real estate, and today he's going to share his secrets to success. We'll be discussing the importance of having a mentor or coach, how he raised money for his first syndication without having a track record, and the many challenges and surprises he encountered while syndicating. Bruce also has some great stories about the dead guy in the pool, failing bathtubs, the uncomfortable conversations he's had to have with investors, and the $5 Million dollar wire that disappeared and what really happened to it. I know you're going to get a lot of great syndication knowledge from today's conversation. You can contact Bruce by going to www.apt-guy.com or on Instagram at apt.guy.com or facebook at "the apt guy".

Up until early March we were in a booming real estate market with high valuations and a bright economic future. Now, seemingly overnight, we find ourselves in a new kind of recession and it's hard to see just how it will end and whether real estate will hold its value. One thing I can tell you from my experience going through the last great recession is that there will be incredible opportunities for those who have the capital to go after them. And that's what we will be talking about today – How do we find, educate, and prepare investors for the real estate opportunities that will be available in the next 3 to 12 months? My guest today, Dr. Adam Gower, is considered to be one of the country's foremost real estate crowdfunding experts who founded his company GowerCrowd to assist sponsors and developers raise unlimited equity capital online. Adam is a published best-selling author and has decades of experience in real estate investment and finance. Adam is going to share his tips on content creation and how it can be used to educate and inform High Net-Worth Investors while building your own credibility. He'll also share how he's prospered during past downturns, and how you too can begin putting systems in place that will ensure you survive and thrive during this Coronavirus inspired downturn we're all experiencing. To find out more about Adam go to www.gowercrowd.com and download his free white paper on how to communicate with investors.

My guests today know what it's like to go through a major economic downturn and reposition their business in order to survive and thrive. Jason Roberts and Rachel Schneider owned their own mortgage company when the Great recession hit back in 2008. Once the market crashed they pivoted to real estate investing and have since closed over 300 transactions. Many of them were pre-foreclosures, short sales, wholesales, probates, you name it, they've done it. Now that coronavirus has brought our economy into another recession, it will be helpful to get Jason and Rachel's perspective on how they plan to survive and thrive once again. Jason and Rachel run a top coaching program where they share their knowledge and experience with other investors, and they also own a profitable hard money lending company with over 2 million dollars in loans out at any given time. They're also co-owners of their local REIA and continue to flip houses. Today they're going to discuss the marketing systems they've put in place and how those systems will work in today's market. We'll also discuss how Jason and Rachel are preparing themselves for the opportunities they're expecting, and why they believe their hard-money lending business will continue to be successful. I know you're going to enjoy this conversation with Jason & Rachel. You can learn more about them by going to https://www.reiblueprint.com or through the REI Blueprint facebook page.

As real estate prices increase, and the supply of new construction fails to keep pace with demand, the need for middle income housing is a steadily rising challenge that many communities are experiencing. Today we're going to discuss Workforce Housing. What is it, who benefits from it, and how is it being developed? And here to have this conversation is Scott Choppin, a seasoned real estate developer with hundreds of millions of dollars of experience and specialization in workforce housing. He's also the founder of Urban Pacific, which specializes in the development of a unique type of Urban TownHome. Scott is going to share the development model that he's employing in middle-income neighborhoods that cater to co-living and inter-family residents. We'll discuss the cost saving techniques he's employing to develop and build these properties without any type of government subsidies. We'll also discuss the defensive nature of this type of housing against economic downturns and the financial fallout from the coronavirus pandemic. There is a very real problem in which wages in our country aren't keeping pace with the cost of housing. Creative solutions like the type Scott shares in this episode are necessary if we're going to overcome these challenges. You can contact Scott through his website at www.urbanpacific.com or learn more through Urban Pacific's youtube channel.

My guest today is a big fan of the Keanu Reeves movie "The Matrix", and he believes that most people really are living in the Matrix and it's his job to help them escape. He does this by teaching them the benefits of multifamily and apartment real estate investing Since leaving a successful corporate America career, Jerome Myers has become a thought leader in the multifamily development space. Jerome leads The Myers Development Group which focuses on buying broken apartment building businesses and using innovative thinking and solid execution strategies to optimize the operational efficiency of the business. Jerome asset manages 90 units and 90,000 square feet of workforce housing across Virginia and North Carolina and he's on a mission to hold 1,000 doors in the next 8 years. He also hosts the podcast "Myers Methods Presents Multifamily Missteps". Today Jerome will take us through the process of acquiring, rehabbing and profiting from two of his multifamily properties, and we'll also discuss why he prefers Joint Ventures over Syndications, why it's so important to know how to convey the "Story" when applying for a loan, and how critical it is to establish a relationship with your lenders. I know you're going to enjoy and benefit from listening to this conversation with Jerome. You can contact Jerome through: https://www.jeromemyers.co

Today's guest is going to talk about 'Time'. Specifically, 'Time Freedom' and how you can achieve it through Real Estate Investing. He's also going to discuss how you can transition from being an active investor to 100% passive. Travis Watts is a full-time passive investor who has been investing in real estate since 2009. He's invested in multi-family, single-family and vacation rentals. He's also the Director of Investor Relations at Ashcroft Capital which was co-founded by Joe Fairless. Travis has invested in over 27 passive syndications and has made it his mission to share passive investment strategies in order to help others achieve and maintain wealth in real estate. Today Travis is going to describe his transition to Passive Investing, what he looks for in the sponsors and operators he invests with, Best Practices for Investor Communications, and specific examples of the deals he's invested in. I know you're going to enjoy this conversation with Travis. You can contact him in the following ways: Download Free Passive Investor Resource Guide @ https://ashcroftcapital.com/passiveinvestor-old/ Email: [email protected] Travis is also available on facebook, linkedin & biggerpockets

As real estate values increase, so too does the idea of selling your investment property and taking your profits off the table. One of the major considerations in doing so however, are the tax consequences. Many investors choose not to sell because they simply don't want to pay taxes on their long-term gains. There is a way, however, to take those gains and not pay taxes on them by transitioning those profits into a different investment property. I'm talking about the 1031 exchange, and it's a tool that you can use to delay paying those taxes. Dave Foster is a 1031 Exchange Expert, and he's here today to help us understand how it works. Dave is the Founder & CEO of the 1031 Exchange Investor, and he's also a degreed accountant and serial real estate investor, as well as a qualified intermediary and consultant. Today he's going to share his tax saving strategies in order to help you maximize your real estate investment returns. We'll be discussing the timeline you must follow when doing a 1031 exchange, why you must have a qualified intermediary, the types of properties and investments you can do this with, and whether or not you can 1031 into a syndication. Dave also shares some great examples and unique 1031 strategies that I guarantee will make you say 'Wow'! If you've ever considered selling an investment property and sheltering your profits through a 1031 exchange, you'll definitely want to hear what Dave has to say. You can contact Dave through his website www.the1031investor.com The 1031 Exchange order form that gets listeners a $50 discount is www.the1031investor.com/podcast Dave can be reached at 850-889-1031 and at [email protected].

To many people the real estate market may seem unpredictable, and the very real fear of losing money has been a huge psychological hurdle to overcome. Many investors don't want to be at the mercy of the economy and the banks. My guest today has found a way to circumvent that fear and risk by investing in real estate on His Terms. Chris Prefontaine is rewriting the rules of real estate and coaching investors on how to scale and automate their business without using their cash or credit. His family business has done over $80 Million in real estate transactions. Chris is also the Best-Selling author of 2017's "Real Estate On Your Terms" and this year's "The New Rules Of Real Estate Investing". Chris and his family are acquiring 5 to 10 properties every month and control between $20 to $30 Million --- all done on Terms without using their own cash, credit, or signing for loans. Today we're going to discuss what it means to invest in Real Estate on Your Terms, the two strategies Chris recommends that new investors prioritize, how he survived the Great Recession, and the Core Values he believes are necessary when starting a business. You can contact Chris through his website: http://smartrealestatecoach.com To Download the Book "Real Estate On Your Terms": www.freeSRECbook.com and www.newrulesforfree.com

One of the highlights of the RPOA's 2020 Annual Conference was the Expert Panel on Short Term Vacation Rentals, and today you get to listen to this Pre-Covid-19 Conversation. We assembled an incredible group of experts and investors to help us understand the best practices for owning & operating short term vacation rentals, the biggest challenges facing the industry, and why its so important for the industry to professionalize and improve its perception in the community. Ed Bodman has over 7 years of experience owning & operating short term rentals. Ed has become an expert in hospitality, hosting, maintenance, marketing, cleaning, staging, furnishing, buying right, and working with city government to promote his community. Kim Post has a House and 10 cabins in Cadillac Michigan that will all be converted to short-term vacation rentals by fall. Currently the House and 6 cabins are online. Kim's been a real estate investor for over 30 years and is the owner of Post & Associates Appraisals and Next Door Properties, LLC You can hear Kim on Episode #28 of the podcast. Gary Hall is in his 4th season running an 11 unit as an airbnb motel. Gary is an entrepreneur, passive income strategist, and the operations manager of Westshore Property Management in Muskegon managing both short and long term rentals. Gary was also a guest on the podcast – episode #89 and the Halloween episode If you're interested in investing in Short Term Vacation Rentals I know you're going to learn a lot from these experts. You can still join as a charter member in the Short Term Vacation Rental Association for $49 a year by following this link: Become a Charter Member of the Short Term Rental Association

One of the best ways to increase your net operating income and cashflow is to get control over your utility expenses. Whether it's through improving your existing systems and mechanicals, adding renewable sources such as solar panels, or installing water saving aerators to your faucets, there are many ways you can improve the energy efficiency of your properties. However, this does require an investment of time and money. If you don't have the funds to make this investment, you may be missing out on a huge profit opportunity. Today we're going to be discussing some of the energy efficient and cost-saving changes you can make to your investment property and the different types of programs and loans available that will cover the costs. With us today is Scott Ringlein, the founder and CEO of The Energy Alliance Group of North America, who's mission is to develop and deploy innovative solutions to energy, waste, and environmental challenges through the combination of technical and financial solutions. Scott will be sharing his knowledge on funding sources and grants available for energy improvements, PACE Financing, Solar Power, and other tips that will save you money. You're definitely going to want to check out this episode and will likely benefit from Scott's information. Scott can be reached through his website: https://energyalliancegroup.org

You're about to hear an incredibly informative conversation I had with Chris Ressa about Commercial Retail investing. We recorded this on March 11th, just before our country went into lockdown, and as we all know, retail has taken quite a beating over these past months. What I'd love for you to do is to listen through this conversation to get a detailed understanding of how retail investing works, and then at the very end you'll hear my follow-up conversation with Chris that we recorded this past week. Chris is going to update us on how his $3 billion portfolio has survived during the past three months. Definitely stick around to the end, because you won't want to miss it! Every time I drive by a strip mall with a TJ-Maxx, or a ROSS Dress For Less, or a Burlington Coat Factory, I always wonder, "Who owns that property, and what does that investment actually look like?" Today we're going to talk about investing in retail. What are the factors that make this a profitable asset class, how do we value it, what are the risk factors, and in the age of amazon.com how will brick & mortar retail hold up in the future? Luckily, we have an expert with us today to answer these questions. Chris Ressa is the Chief Operating Officer of DLC Management where he oversees an asset portfolio of $3 billion dollars and 18 million sq. ft. of retail space in 24 states. Since its founding in 1991, DLC has been one of the nation's preeminent owners, operators and managers of shopping centers across the country. Chris has been recognized by Chain Store Age and made their list of "10 Under 40: The Dazzling Dozen". He also hosts the "Retail Retold podcast". You can find out more about him through linkedin #RessaOnRealEstate, or by going to www.dlcmgmt.com

One of the asset classes that's expected to hold up well during this Coronavirus Pandemic is Self-Storage. In fact, it tends to do well no matter how the economy is performing. Today we're going to take a look at the factors that make Self-Storage so attractive and help you understand how to successfully invest in this sector. And here to take a deep dive into this strategy is Kris Benson, the chief investment officer for Reliant Investments, a subsidiary of Reliant Real Estate Management, which is one of the top 25 commercial Self-Storage operators in the U.S. Reliant has completed over $650 Million in Self-Storage acquisitions and dispositions in the past 5 years. We'll also be discussing what it takes to put together a $50 Million fund, and Kris' role in raising money for Reliant's portfolio. For those of you who are syndicators or raising money for your own fund, you'll definitely benefit from learning how Kris raises money from investors, how Reliant structures their investment opportunities, and the finer details of valuing every investor's share in the fund. You can contact Kris through www.reliantinvestments.com or linkedin (Kris Benson)

My guest today made a lifestyle real estate investment in an asset class that most of us can only dream of. He bought an Island! And he's turning that island into the world's sexiest off-the grid private luxury resort featuring over-water villas, treehouse jungle suites, and the world's first over-water beach on stilts. You may know Dan Behm from his online blog called "Why I bought an Island", and if you're from the West Michigan area you may know him as the Founder and Past CEO & President of the wildly successful tech company 'OST', or Open Systems Technologies. Dan is also an entrepreneur and investor focusing on residential and commercial real estate, small businesses and international resorts. He's received many awards over the years including the Ernst and Young Entrepreneur of the Year and the West Michigan MSU Business Person of the Year. And today, Dan is going to tell us why he bought this island in Panama, the engineering and structural challenges his team had to overcome to turn it into a world-class resort, how he's maximizing profit, and the Return On Investment he's targeting for investors. I know you're going to enjoy this fun and inspiring conversation with Dan. You should also check out the video version on youtube, where you'll be able to see photos, renderings, and video from the project. You can find out more by going to https://bocasbali.com

Ellis Hammond is my guest today and he began investing in real estate while he was serving as a college pastor in San Diego. While his goal was to create passive cash flow for his family, he realized that investing in Real Estate could be an incredible resource to help his family and many others achieve financial freedom. He and his wife invested in a San Diego duplex in 2018 and 9 months later he became a Co-General Partner on a 144-unit apartment complex in Memphis TN. Ellis is the founder of Kingdom Capitalists, the #1 mastermind community for Christian real estate entrepreneurs. He hosts a top-rated podcast called "Kingdom Capitalists" where he features other successful Christian entrepreneurs and business owners discussing their faith and success. Today Ellis shares how he grew his real estate portfolio and how he uses his evangelistic skills to network and create communities on linkedin and meetup groups. He'll break down his strategy for creating content that attracts opportunities and investors, and we'll also discuss how his Christian Faith informs the decisions he makes as a landlord and entrepreneur. I know you're going to enjoy this episode. You can contact Ellis through linkedin, https://kingdomcapitalists.co or https://ellishammond.com

My guest today is one of the UK's most successful self-made property investors. She started her first business at the age of 22 and even then she knew she had an entrepreneurial spirit which could not be constrained by a JOB. She broke out of the corporate world to follow her dreams and founded the Good Property Company UK which she has been running for over 10 years. Susannah Cole believes anyone can make millions from property, and that it is possible to succeed even with very little money to start with. She has sourced, bought or let out more than 200 properties with a value of $45 Million Pounds, and has invested her own capital to develop her multi-million-pound property portfolio. Susannah's top priority is helping others achieve, or surpass, her own success. Today she's going to share the strategies that have made her so successful. We'll be discussing 'HMO's', Homes of Multiple Occupancy, which are quite common in the UK. We'll also be discussing the concept of 'Deal Packaging', which is similar to wholesaling with several key differences. Susannah is also an expert on raising money from High-Net Worth Investors and will be discussing how she's been able to attract them to her investments. You'll definitely find the differences and similarities between investing in the United States and the UK highly interesting. Susannah's experiences will help any listener improve their own investing. You can find out more through her Youtube channel: https://www.youtube.com/user/goodpropertycompany and website: https://www.thegoodpropertycompany.co.uk

Many Multifamily & Apartment Investors are looking for opportunities wherever they make sense. Today's guest found what appeared to be an excellent upside opportunity in Macon, Georgia that he and his partner got under contract, completed due diligence on, raised the equity and sourced the financing. Everything was all set to close, until something came to light that changed the entire deal. Today you're going to hear a story about why it's so important to keep looking, digging, and asking questions, even after you've completed your due diligence. Here to share his story is Ken Jenkins, principal for Integrated Property Group Managers which owns and operates 181 units in South-East Michigan. Ken is also my cousin, and you may remember his previous appearances on EP# 16 & 17. No matter what level of investor you may be, you will definitely benefit from hearing Ken's deep dive into a deal that looked like a winner but ended up being one he had no choice but to walk away from. You can reach Ken by email: [email protected]

Do you know what your financial freedom number is? The answer is the amount of passive income you'd need to achieve in order to cover all of your expenses and replace your job income. When you ask most people what their financial freedom number is, the most common answer is $10,000 a month in passive income. Well today we're going to talk to someone who has achieved that number. Ryan Chaw is a single-family home investor who has managed to create a six-figure rental portfolio in California where most houses are overpriced and cash flow is limited. Today he's going to share his strategy for managing 4 single family homes himself while still working his full-time job. We're also going to discuss important tips on preventing high-cost emergency repairs along with Ryan's system on super targeted marketing. Ryan is fast becoming an expert on converting traditional home rentals into multi-bedroom student housing. I know you're going to appreciate learning more about the tools he's using to manage remotely, ensure on-time rent payments, and market through Facebook. Ryan can be reached through his website: www.newbierealestateinvesting.com

When David Toupin was last on this show he was well on his way to real estate success as a co-owner of a $7 Million portfolio of 120 units, plus a successful single-family fix & flip business. Well at some point David invested in a rocket ship, because his momentum since then has been stratospheric. Today David is a Top Millennial real estate investor, speaker, and entrepreneur. He co-founded Obsidian Capital with our previous guest, Glenn Gonzales, and has acted as a key principal with over $50 Million in real estate holdings and he's raised well over $10 Million in capital. He also designed and developed a best-selling multifamily deal analyzer, and used that as a platform to found a new software company called Real Estate Lab. You're definitely going to want to hear why David moved his business from Detroit to Austin, Texas, the importance of financial analysis in deal-making, how he utilizes social media to attract investors, and how you can achieve his level of success no matter where you are in life. David can be reached through Instagram @realestatejedi or https://www.obsidiancapitalco.com

One of the RPOA's goals during this Coronavirus Pandemic is to keep you as up-to-date as possible with information that will help you survive and thrive as real estate investors. That's why I'm so excited to be talking with today's guest about the economic impact this pandemic is going to have on our real estate investments. If you've been looking for real data on our city, state & country's economic strength & what all this means for your real estate portfolio, then you're definitely going to want to hear this economic forecast with Paul Isley. Paul is the Associate Dean and Economist for Undergraduate Programs in the Seidman College of Business at Grand Valley State University. If you've ever been to the RPOA's annual conference then you already know that Paul is the most popular speaker by far. This year his presentation was standing room only, and his economic forecast was incredibly eye-opening. Now, 8 weeks into this pandemic, Paul has new data that will shed light on the state of our economy and what we can expect in the coming months and years. Whether you listen to the podcast episode or watch the youtube video in order to view Paul's economic charts this is an episode you don't want to miss!

Last year at the RPOA annual conference I met Ramond Harris for the first time. After hearing his story about flipping, wholesaling and rehabbing in the Detroit area, I knew we needed to record a podcast. You may remember the Mastermind conversation we had with friends of this show Justin Workman and Patrick Spitzley on episode #168 where we helped brainstorm ways Ramond could fix his broken business model, decrease his debt by shedding some unused assets, and set himself up for huge growth. Now, a year later, we've all met back up at the RPOA 2020 annual conference and we're going to mastermind again with Ramond to see what's changed and how his business has progressed since we last talked. We'll also be discussing some new marketing and deal flow challenges that have cropped up, and how he might tackle them. Joining us as well is Stephen Benedict, local Sheriff's Sale Auction expert from episode #101, who has some valuable advice on how to beat out the competition at the auction table. I know you're going to enjoy this episode as much as I did. Ramond is very open about the very common challenges he faces in his business. You'll also benefit greatly from the advice offered during the show.

My guest today wants you to know that if he can make it as a successful real estate investor, then anyone can. Glenn Gonzales began as a maintenance man working for several other successful real estate investors. As he grew more confident in his job, he began to realize how the proactive decisions he was making were improving the health of the properties he was maintaining. But it was the other lessons he learned on the job that propelled him to where he is today. Glenn is now the CEO and Co-Founder of Obsidian Capital, a real estate investment firm out of Austin Texas. In the past 6 years Glenn has accomplished over $290 Million in total acquisitions, 5,000 total units, and raised over $80 Million. Glenn is also the author of the bestselling book "Maintenance Man to Millionaire: Real Estate Wealth Creation for Everyday People". He's also a great guy with a lot of fun stories to share, and today he's going to tell us how he was continuously pushing himself to take on new challenges at the property management company he worked for, and how he was able to raise the funds to acquire his properties. We'll also discuss his experiences raising money from crowdfunding companies, as well as Family Offices. I know you're going to enjoy this conversation with Glenn and benefit from his wisdom. Glenn can be reached by email or through his website: [email protected] https://www.obsidiancapitalco.com

Back in the pre-covid-19 days when people could actually sit together in the same room, a group of rental property owners met to answer one simple question: "When is it time to sell your rental property?" Even though the world has changed considerably since then, the answers they came up with still hold true today. Let's say you've acquired a decent sized portfolio of rental properties, they're cash flowing, well-managed, and achieve your goals of long-term wealth. But maybe the cash flow you're receiving isn't enough to allow you to quit your job, or retire early, or pay for that cruise ship vacation. However, there is enough equity in your portfolio to sell for a substantial profit. Is it time to sell and take your chips off the table? Or are you better served to stay on the 'buy & hold' path that you set out on so long ago? Many investors are faced with this very question, and I have two of them in the studio with me today. Plus, I have a very special guest who's going to help us talk through this very important decision-making process. My first guest is Ben Blake, and when he was last on the show, episode #149, he discussed his 12-unit Grand Rapids portfolio, and why he decided to take over the management himself. Ben recently sold his entire portfolio, and today we're going to learn why. Also in the studio is Jeremy Schumann, who owns a 13-unit portfolio here in Grand Rapids, Michigan. Jeremy is currently trying to decide whether he should hold or sell, and we'll be talking through that decision with him. And friend of the show, Justin Workman, is joining us as well. Justin always lends a mathematical and informed perspective on these types of decisions, and I'm sure he'll balance out any opinions I might have as the four of us go through the different thought processes and cashflow and appreciation calculations a rental owner must consider before selling their investment property. And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

Imagine what it's like to get started in real estate investing when you have nothing. No money, no experience and no network. Now imagine you're also in your 20's and have more student loan debt than actual capital to invest in deals. On top of that, you have a job in corporate America, but you're still BROKE. That is where today's guest was 8 years ago. Ryan Narus is a self-made real estate entrepreneur and accredited investor who started with nothing and now owns and operates 12 Mobile Home Parks spanning over 1,300 units. He's the co-founder of The Archimedes Group where he works at home, has 5 employees, and hosts his own podcast called 'Mobile Home Parks in Real Life". Today Ryan is going to share why he was eager to sacrifice and do things others weren't willing to do, so that he could live the life others only dream of. We're also going to discuss the nitty gritty of mobile home park investing, including the times Ryan has had his life threatened while confronting drug dealers on his properties. Despite all this you'll learn why Ryan has dedicated his business to this asset class. You can contact Ryan through his website: http://www.archimedesgrp.com

Hello everybody. I hope you're all safe & healthy and maintaining your sanity in this Coronavirus world we now find ourselves in. If you're a rental property owner or investor, you might have some questions about the State of Michigan's Executive Order to stay in place and what this means to you. We still have tenants to take care of, buildings to maintain, units to fill, and bills to pay. It's not always clear which of those activities are considered essential, and which ones will get us in trouble. Luckily the Rental Property Owners Association has been in communication with the Governor's office here in Michigan, and we're going to clarify what you can and can't do in this very special episode with Clay Powell, the Director of the RPOA of Michigan and Grand Rapids. You can access the RPOA's online courses by going to www.rpoaonline.org You can also call the RPOA at 616-454-3385 Or email: [email protected]

I hope all of you are safe and healthy. Here in Michigan we are on lockdown, and wherever you are in the world I hope you're doing well and taking this coronavirus pandemic seriously. There is no way to discuss real estate right now without admitting that every asset-class will be impacted heavily. Today I'm talking with Kevin Bupp about his investments in mobile home parks across the United States to find out how he believes they'll hold up in this new economic reality. Kevin is going to share the high-level conversations he's been having with his team and the processes they've put in place to help their residents who suddenly find themselves unable to pay their rent. We'll also be discussing Parking Lots as an Asset Class. Kevin is going to share why they're such an under-appreciated & over-looked asset, the economics of owning them, and how he's finding Mom & Pop type operators who are willing to sell them. Kevin is the Founder & CEO of Sunrise Capital Investors and he has over 16 years of experience and over $100 Million in transactions. He teaches others how to invest in mobile home parks through his Mobile Home Academy and he also hosts the very popular podcast "The Real Estate Investing for Cash Flow Podcast". If you're looking for a deep dive into the in's & out's of mobile home park investing you can listen to my previous conversation with Kevin on episode #181 of this show. You can find out more about Kevin by going to https://www.kevinbupp.com

This coronavirus pandemic has changed our society and the way we live in a very short amount of time. Those of us who own investment property can't help but ask: "How bad will it get, what does this mean for my investments, and will there be new opportunities that arise from these unfortunate circumstances?" There are so many opinions and overnight experts sharing those opinions, that it can be difficult separating the good information from the bad. That's why I'm excited to have Neal Bawa on the show today in order to cut through the clutter and give us a clear-eyed perspective on what we can expect. Neal is not only a real estate expert with a $250 + million portfolio of multifamily, mixed-use and self-storage, but he's also a technologist who successfully applies data science to his systems and processes. Neal is also the CEO and Founder of Grocapitus and Multifamily University and he's known as the Mad Scientist of Multifamily. In our conversation today, Neal is going to help us understand the two distinct scenarios that could occur depending on our government's willingness to put many parts of the U.S. on lockdown. He'll discuss the outlook for multifamily and apartment investors and breakdown the different asset classes on their vulnerabilities to the economic shock. Neal will also share the types of opportunities he sees on the horizon and whether you should be doing any deals right now. If you own and invest in real estate then you'll definitely want to hear what Neal has to say. He's not going to sugar-coat the truth, and there are some silver linings that could help us survive and thrive through this difficult time. If you want to learn more about Neal or get access to his timely webinars, you can go to: https://www.grocapitus.com https://multifamilyu.com https://coronavirusrealestate.com

Are we heading into another recession? If so, how will it affect housing and real estate prices? Mike VanderWoude doesn't have a crystal ball to answer that question, but what he does have is historical data from the previous five recessions to help us understand what might happen. And you'll probably be as surprised as I was by his answers. And if you're wondering what effect the Coronavirus is having on real estate so far, Mike also shares his 'on-the-ground' perspective in a quick update at the end of this episode. Mike is an Associate Broker at Edison Brokers + Co in Grand Rapids, Michigan. He was also a guest on Episode #79 where we discussed his dilapidated & run-down 2-unit that he had purchased and renovated on the West-side of Grand Rapids. It was right next door to a 4-unit that I owned. Since then, Mike has purchased my 4-unit and he's going to let us know how its working out. I believe you'll find great reassurance from Mike in this episode that, based on historical data, real estate is likely to do okay during these turbulent times. You'll also learn the value of 'controlling the corner' and playing real life 'Monopoly'. You can get in touch with Mike by email or phone: [email protected] 616-914-1556

What do you do if you have a 'no pet' policy and your tenant decides that they need an Emotional Support Animal. What if that animal happens to be a pig, or a goat, or a bat? Well, as crazy as it sounds, this is happening to landlords and its protected by laws and rental rules. Part of the RPOA's mission is to fight these types of laws that are adverse to a rental property owner's ability to control the well-being of their property and business. And helping us fight these laws and pass better ones here in Michigan is Tabitha Zimny, an Associate Lobbyist for Karoub Associates out of Lansing. Also joining us is Clay Powell, the Director of the RPOA of Michigan and Grand Rapids. Today we're going to discuss legislation having to do with Emotional Support Animals, Short-Term & Vacation Rentals, Rent Control, and the upcoming LLC bill that allows landlords the ability to represent themselves in eviction court even if they own their property through an LLC. Clay will also be making a special announcement regarding the new Short-Term Rental Association which will be representing Short-Term & Vacation rental owners across Michigan. We'll also discuss the RPOA PAC fund, which brings us to the table with our lawmakers in order to have influence on the votes and decisions they make. If you own rental property it is imperative that you know what's going on at the legislative level that will affect your business. After listening to this episode you'll have a much better understanding of the gauntlet a bill has to go through to become a law, as well as the importance of the RPOA and Tabitha in shaping those laws.

My guest today is Rod Khleif, who many of you know through his popular podcast "Lifetime Cashflow through Real Estate Investing", or his bestselling book "How To Create Lifetime Cashflow through Multifamily Properties", or his many Real Estate Training & Multifamily Events that Rod personally teaches every year. Some of you may even remember that Rod & I both started our respective podcasts in early 2016 within weeks of each other. In fact, we were both guests on each other's shows with Rod appearing on episode #23 of this show, and I appeared on episode #28 of his. But what's shocking to realize is that even though we both started on a level playing field, Rod has completed almost twice as many podcast episodes. While this show has over 800,000 listens, Rod's show has ten times that many at over 8 Million! This show has 133 ratings & reviews, Rod's has over 1,100! On just about every level, Rod has managed to blow away all of the competition. Not only that, but Rod is a multiple business owner & philanthropist, has owned over 2000 homes and apartment buildings, and has built over 22 businesses worth tens of millions of dollars. How does he do it? What is the secret to his success. Well I've been lucky enough to become friends with Rod and even joined his Multifamily Boardroom Mastermind Group, and I believe I understand why he excels on every level. And that's partly what we're going to discuss today – what makes Rod tick, what is the secret to his massive success, and how can you take that secret and make it part of your own success. Today, Rod is going to take us through his goal-setting process, share how and why he insists on adding massive value, and discuss how he's pushed past his own self-limiting beliefs. If you're looking for a huge boost to your mindset then this is the episode you want to listen to. Rod is also sharing a $100 discount on his MultiFamily boot camp taking place in Orlando May 1st-3rd. You can access this discount by going to https://rodsbootcamp.com and entering the code "RPOA"

My guest today is the nation's leading Self-Storage Investor and trainer. He has bought, developed, and sold over 4,200 units and over 4 million square feet of commercial and self-storage properties. Of course, I'm talking about Scott Meyers, who's presentation at our 2019 Annual Conference was such a BIG HIT we've decided to bring him back for round two at the 2020 Michigan Landlord & Real Estate Investor Annual Conference & Expo in Grand Rapids, Michigan this February 27th through 29th. Go to www.rpoaonline.org to find out more. At this week's conference Scott will be sharing the latest strategies in Self Storage Investing: How to find undervalued deals where nobody else is looking, How to Convert distressed commercial properties into self-storage, How to evaluate a good market for self-storage, And how to fund those self-storage deals. And in today's episode we'll be talking about ways to mitigate risk in the next recession, why Self-Storage will continue to be a strong asset class, how Scott is raising private equity, the importance of training, coaching, and mentorship, ground-up construction, how Scott invests in multiple states, and the difference new technologies are making in the self-storage industry. There's a lot of great new information in today's conversation with Scott. You can also listen to our previous conversation on Episode #159. And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

You've heard us talk about it, and you've listened to the episodes with our featured speakers from all over the country. Now its time for you to make the commitment to be there at the "Michigan Landlord & Real Estate Investor Annual Conference & Expo of 2020", happening February 27, 28, & 29 right here in Grand Rapids, Michigan. In this special episode, Clay Powell and I discuss all of the fantastic featured speakers, breakout sessions, and opportunities for networking with other like-minded investors and vendors. This is an event you don't want to miss! Go to https://rpoaonline.org/annual-conference/ to register, and we'll look forward to seeing you there!