Rental Property Owner & Real Estate Investor Podcast

When Justin Richards and Aaron Lenartz were last on this show, they shared everything they'd just gone through in finding, negotiating, syndicating, and closing on a 144-unit apartment complex in Memphis Tennessee. You can check out Episode #140 to hear that story. Today, you're going to find out what happened after the close and how its affected their outlook and decision making process ever since. Justin and Aaron are going to share some of the challenges they faced and how they came up with the solutions to solve them. We'll discuss the engineering report and the cash shortfall that can occur when the lender reserves funds from the closing to make immediate repairs, but doesn't release that money until after the repairs have been completed. We'll learn about some difficult partnerships that Justin & Aaron have had to walk away from, as well as the key members they've since added to their team. Justin and Aaron share some painful experiences of the acquisitions that have fallen through since then, and the uncomfortable news they've had to share with their investors. You'll learn why some of those deals didn't happen, and the physical inspection at one property that revealed over $7 million in deferred maintenance the owner failed to disclose. Justin and Aaron also discuss the 600 units they currently have under contract, and how they're laying the groundwork to have plenty of capital throughout the next financial downturn. There's a lot for any investor to learn in this episode, and Justin & Aaron don't hold back from sharing the challenges they've overcome this past year. You can find out more about them by visiting them on the web at https://www.greysoncapitalgroup.com And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

For many of our American Active Duty Military and Veterans, investing in Real Estate may seem like a far-off objective, especially if they're deployed overseas or moving from location to location without any sense of permanence. However, if you're Active Duty Military, or a Veteran, you have some serious purchasing power that you may not be aware of. Eric Upchurch has made it his mission to help those in the military understand and realize the power of creating monthly passive income through real estate, even while they're active duty. Eric served six years in the 160th Special Operations Aviation Regiment, and is the author of "Military House Hacking: How to Live Free, Earn Passive Income, and Create Generational Wealth". Eric also hosts the "Active Duty Passive Income Podcast". Eric is going to help us understand the incredible firepower of the VA loan, and how it can help our military service members invest in real estate and live for free through house hacking. We'll also discuss the unique challenges facing our service members as they transition out of service, and how their military training both helps and hinders them as real estate investors. Whether you're currently serving in the military, or you're a veteran, or you know someone who is, you'll definitely want to listen to what Eric has to share. Eric can be reached through his website: https://www.activedutypassiveincome.com And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

One of the Best Books I've read this year is "Burn Zones", by my guest today, Jorge P. Newbery. In his book, Jorge tells a fascinating and brutally honest story of his rise from newspaper boy to Punk Rock Entrepreneur, from International Cycling Champion to Mortgage Broker, Distressed Apartment Investor, Publicly Vilified Landlord, and Socially Conscious Entrepreneur. Today, we're going to focus on three crucial periods in Jorge's incredible life: His early beginnings as an entrepreneur in the 1980's Los Angeles Punk Rock scene, Why he bought a run-down apartment building when the city health inspector warned him he'd end up in jail, and what really happened at Woodland Meadows, an 1,100 unit apartment complex in Columbus Ohio that was nicknamed "Uzzi Alley" for all of the murders and gun violence that had occurred there. There is nothing safe about this episode or Jorge's investing experiences. Jorge's willingness to charge into challenges that other investor's would find impossible have made him hugely successful, and, as you'll discover, hugely controversial, politically condemned and ultimately, inspirational. Along the way, Jorge has an enormous impact in his tenant's lives, and he continues to have an impact through his socially responsible hedge fund, American Home Owners Preservation. He also hosts a Facebook live show called "Financial Freedom Fridays with Jorge P. Newbery". Jorge can be contacted through Facebook or his websites: https://debtcleanse.com AHPServicing.com And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

By his own account, Sam Newell grew up poor on the wrong side of the railroad tracks in Salt Lake City, Utah. Today you're going to find out how he transitioned from his humble early days into a successful real estate investor and realtor with sales over $150 Million. Sam is an apartment investor, syndicator, and real estate agent who's been in the business for over 10 years. He's also the co-founder of IPI Acquisitions, and a real estate agent at Century 21 Everest Realty Group in Utah, where he heads up their commercial division. Sam is going to share how his work ethic and training in door-to-door sales and cold-calling led him to be an ultra-successful salesman. You're going to learn Sam's best practices for door knocking, delivering bad news to clients, and how he informs and communicates with his investors. You'll also hear Sam's perspective on whether or not you should get a real estate license while investing in real estate, and whether or not your should pay yourself out of your cash flow or invest it back into growing your portfolio. Sam is a great guy with a lot of incredible value to add during today's conversation. He can be contacted by text or email: Text - 801-995-2220 [email protected] And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

Can you believe that the iPhone is only 12 years old? When you consider all of the advantages and efficiencies that smart phone technology has created for rental property owners, its hard to imagine doing any type of business without it. My guest today is going to tell us What's Next on the Technology Horizon that will not only revolutionize the way we show and lease our properties, but will also help us control our expenses and increase our income. Ryan Wendlandt is currently employed in the Technology Industry and is focused on 5G technology. Today he's going to share his unique insight into the benefits of 5G, including the use of Augmented and Virtual Reality to aid in showing our units, built-in sensors that will monitor our resident's utility and trash usage, and the increased capacity we will have to make more money. Ryan is also a Real Estate Investor who has acquired five deals in the past year in Grand Rapids, while investing from San Diego. He's going to share how he's able to find his deals and manage them from thousand's of miles away. I know you're going to enjoy hearing Ryan's expectations for 5G technology's impact on your Real Estate Business. He can be contacted through his website: www.gowithvitality.com And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

Is the Landlord profession overdue for a Revolution? Is the Business Model of covering mortgages and operating costs by charging rent no longer sufficient? My guest today believes both of those statements to be true. Al Williamson is known as the "Worlds First Landlord Scientist", and he's on a quest to help other landlords maximize their Cashflow through alternate income streams such as Short Term Rentals and Corporate Housing. He also has other valuable tips on increasing income and lowering expenses, many of which I'd never thought of before our conversation. Al's going to share the tips and techniques he's used in many different modes of real estate investing, including turning around inner city houses and neighborhoods, an inexpensive way to avoid costly plumbing issues, why vacancy is a function of marketing, and how he makes money off of corporate rentals even when he doesn't own the property. Al is also the author of "40 Ways to Increase The Net Income of Your Rental Property", and he can be contacted through his website or email: https://leadinglandlord.com [email protected] And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

If you had to guess the #1 reason why many entrepreneurs and real estate investors fail, what would it be? Lack of money?, Opportunities?, or Bad Timing? According to my guest today, Lack of Focus and the inability to set Clear and Specific Goals is the number one reason. Nick Disney has spent the past ten years learning how to implement strategic goals in order to build a portfolio of 17 rental properties and 20 performing notes. He owns a real estate business called "Sell My San Antonio House" and specializes in the different aspects of real estate investing, self-development, entrepreneurship, and running a small business. Today we'll discuss the importance of focusing on what exactly you're trying to achieve and how to break it down into the key activities you need to focus on each day. Nick will relate these ideas to the specifics of how he achieved his goal of reaching $10,000 monthly income. We'll also discuss the crossroads that investors come to and how they must shift their goals as they find success. Nick reached that crossroad as a 'buy & hold' investor, and decided to shift his business to become the bank and hold the note. He'll take us through the methodical process he went through to reset his goals in order to achieve $50,000 in monthly income from his business. There's a lot of great actionable content in this episode, and Nick makes it accessible for all levels of real estate investor. You can contact Nick by email or through his website: https://www.sellmysanantoniohouse.com [email protected] And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

What do you do when your business partner goes rogue and ends up destroying your entire Real Estate Portfolio? If you're like my guest today, then you pick yourself back up and commit to building an even bigger & better one step-by-step. Seth Ferguson is a Canadian real estate investor with 11 years of experience investing in single family, apartments, and helping others as an award-winning real estate broker. He's also an author, Cable-TV host, and has his own podcast "Purchase To Profits". Today Seth is going to dig deep and share his most painful experience, the disastrous breakup of his business partnership and the Red Flags he should have paid more attention to. He's also going to explain 'Negative Gearing', which basically means buying properties with negative cashflow, and why investors are willing to buy this way. We also discuss the pitfalls of the Canadian real estate market, the differences in their residential loan structures v.s. the United States, and the movement toward rent control and the negative effects it has on real estate investors and housing availability. Seth also focuses on networking with high-performing investors, and we discuss the common traits he's noticed in the ultra-successful investors. This is just one of the great chunks of information you'll benefit from in this episode. You can find out more about Seth @ http://www.sethferguson.org And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

There are some great books available that can teach you how to invest in Commercial Real Estate, and one of the best of these books was written by today's guest. Brian Murray is the Best-Selling Author of "Crushing It In Apartments And Commercial Real Estate: How a Small Investor Can Make It BIG". He's also the Founder & CEO of Washington Street Properties, which owns and operates a large portfolio of assets in upstate New York. Brian has invested in Apartments, Office Buildings, Retail Centers, Storage, Billboards, Parking, and Mixed Use. Today Brian is going to share how he was able to build his entire portfolio through the "Value Add" process, without raising any capital from outside investors. You'll learn what those Value Add strategies are, how Brian negotiates with sellers to acquire Seller Financing, what it was like to transition from his first Office Building to investing in Apartments, and why he sometimes will overpay for the right property. At one point in his career, Brian was a full-time teacher, and I know you're going to find what he has to say very instructive. This is a great episode for anyone who is interested in Commercial Real Estate or who wants to build a team of professionals to help them manage their portfolio. Brian can be reached through Linkedin or Facebook. His email is [email protected], and his book can be purchased on amazon. And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

Today we're going to compare the Pro's & Con's of investing in Multifamily & Apartments V.S. two other commercial asset classes: Self Storage & Mobile Home Parks. Which is harder to acquire in today's market, and which will do the best during a good economy as well as a bad one? Paul Moore has returned to the show to help us answer these questions. You might remember Paul from episode #42, where we talked about his book "The Perfect Investment: Create Enduring Wealth From The Historic Shift to Multifamily Housing". Paul has since changed his outlook on Multifamily, and today you're going to find out why. Paul is also the Founder & Managing Director of Wellings Capital, which manages two private equity funds in commercial investments. Paul is going to share the Value Formula he uses to exponentially create wealth in commercial properties, the tax benefits provided through Real Estate Investing, and the types of returns he strives to achieve for his investors. Paul also hosts the podcast "How To Lose Money", where I was a guest on episode #7 talking about a Meth House I (may have) owned in New Mexico. I always enjoy my conversations with Paul because he's so knowledgable on so many aspects of commercial investing. I know you're going to enjoy this episode & learn some tips that will help you increase your bottom line. Paul can be contacted through his website: https://www.wellingscapital.com

When people ask me about investing in Detroit, my stock response is that there are a lot of great opportunities, but you really need to work with someone who understands the neighborhoods and where to find those opportunities. Because, if you're one or two blocks off, you could lose a lot of money. Earlier this year I had the pleasure of traveling around Detroit with a seasoned investor who was kind enough to show me the neighborhoods he's investing, improving, and profiting in. We also got to see a number of properties that he's in the process of rehabbing, flipping & selling. Today I'm excited to have Todd Chunn on the show. Todd is a Detroit Real Estate Investor, Wholesaler, and Auction Expert at Best Invest, LLC, and he also owns a property management company called 'Investors Property Management Detroit' specializing in managing Detroit rentals for out-of-state & local investors. Todd shares a lot of great information in this episode: how he went from an employee mindset to owning several businesses, how he's finding his investment opportunities, the challenges of investing & managing tenants in Detroit, and how he became a foreclosure auction specialist. You'll also learn about the seminar and investment guru who changed Todd's life, as well as the importance of mentorship and what makes someone a 'Rockstar' employee. Todd also has a great story about hiring several squatters to help him protect his houses. I know you're going to enjoy this episode. I was lucky enough to spend the day with Todd, and I'm thrilled that we can bring you this conversation about his business. Todd can be reached through email, Facebook & text (to get on his buyer's list): [email protected] facebook: Best Invest text for Buyer's List: 248-497-9195 & type in "Buyer's List"

Today we're going to talk about Adaptive Re-use of Commercial Space and how it can be turned into an Asset Class that is Very Attractive & Extremely Profitable. My guest is Scott Krone, the managing partner of Coda Management Group, a company that teams up with investors to purchase and convert undervalued warehouse space into climate controlled Self-Storage Facilities. Scott has a Masters of Architecture Degree from the Illinois Institute of Technology and he's created 47 syndications and has over 400,000 sq. ft. & 2,759 storage units under management, along with over 25 years of development & design-build experience. Scott is going to share the process he goes through in converting old warehouse space to self-storage, including his typical costs per sq. ft. for acquisition, construction & soft costs. He'll discuss the financing that's available for these projects and how Coda builds and sells their developments to REITS. Scott & I also discuss the importance of Mentors, what ever happened to the original 'Lincoln Log' factory in Chicago, and how he uses personality profiling techniques to build his team and understand his clients better. I know you're going to enjoy this episode, and you can learn more about Scott by going to his website: https://www.codamg.com/

My guest today is Frank Maratta, a listener & fan of the show who contacted me with some great questions. So I thought I'd have him on the show to answer them with the help of Justin Workman, another friend of the show who's been on many episodes. Frank is an experienced investor and landlord with 12 units that he rehabbed & manages. Frank's favorite strategy is to buy a property, rehab it using his own subs and serving as the General Contractor, and then complete a cash-out refinance in order to pay himself back and raise money for the next deal. Frank has some excellent questions that Justin & I do our best to answer, even though we disagree on several of our answers: Should Frank get a 30-year or 20-year mortgage? Should he "buy down" the points in order to get a lower interest rate? Will a new roof increase the appraisal value? (the answer to this will surprise you) What is our current outlook on the market? Frank's questions make for a lively discussion (& arguments) with Brian & Justin. This is a fun episode that I know you're going to enjoy. If you'd like to get ahold of Frank, you can email him at: [email protected]

Jonathan Twombly spent 12 years as a corporate attorney for some of the most prestigious law firms in New York, Boston, and London, before switching tracks and becoming a full-time real estate investor and syndicator. Now, Jonathan is the owner of Two Bridges Asset Management and his attention to detail, creative thinking, and tendency to notice overlooked connections has had a huge impact on his returns, as well as those of his investors. Today we'll discuss how Jonathan chooses his partners, and why you shouldn't treat your partnership like a marriage. You'll also learn how Jonathan overcame some setbacks early on when his deals didn't pan out, and how he spent three years chasing opportunities before completing his first deal. Jonathan also shares tips on working with attorneys, how he presents his opportunities and tells the story of the deal, what it means to have a fiduciary responsibility to your investors, and his outlook on the multifamily and apartment market. Jonathan also hosts the Real Estate Launchpad podcast (I was a guest on episode #28), and can be reached through his website & Facebook page: https://realestatelaunchpad.net/booster/ Multifamily Investment Community (Facebook)

Today we're going to talk about Raising Capital from a source that we typically don't consider when putting together the equity for our investment opportunities. We've discussed syndication and raising funds from high net-worth accredited investors, but what about the Ultra-Wealthy - those with over $30 Million in net worth? My guest today is Richard Wilson, the Founder & CEO of Family Office Club, and he is going to help us understand what the Ultra-Wealthy look for when investing their capital, and the top 6 headaches of Family Offices worth over $100 Million. He'll also reveal how you might be able to help them while funding your own opportunities. Richard also shares what he teaches investors about coming up with their 'one-line pitch', why its better to be 'long-term greedy' and create lasting relationships with family offices, what a typical deal structure might look like, and what not to do when pitching to the Ultra-Wealthy. Richard is also the author of "Centimillionaire Migraines", as well as other books on Family Offices. He runs the largest community of family offices globally called "The Family Office Club", with over 1,750 registered family offices, and hosts the "Family Office Podcast". You can find out more about Richard by going to his websites: https://familyoffices.com http://capitalraising.com

Todd Dexheimer is a former teacher who has been investing in real estate since 2008. He's accomplished over 200 flips and currently controls over $15 million in Apartments and Multifamily. Today, Todd is going to share how he's managed to grow his portfolio so quickly, and what he's done to raise over $10 million in private equity. Todd is also the host of the "Pillars of Wealth Creation" Podcast where he interviews successful business leaders. He's also the principal owner of Venture D Properties which syndicates Apartment Opportunities in emerging markets around the country. Todd and I will discuss how he scaled his business from Single-Family to Apartments, investing in markets outside your backyard, the importance of realistically budgeting for Cap Ex improvements, and the mentors and books that have helped him achieve his success. There's a lot of great insight and information packed into this episode. You can contact Todd through the following websites: http://www.venturedproperties.com http://coachwithdex.com

Today we're going to talk about New Construction & what it takes to be a Real Estate Developer. A lot of people think this is an exciting and rewarding career - but is it? My guest today is going to help us figure that out. Bradley Hartwell is the Founder and Real Estate Strategist with North Town Real Estate, a West Michigan Real Estate firm specializing in acquisition, brokerage, consulting, and development of residential and commercial properties. He's also a Professor of Real Estate at Central Michigan University. Bradley has been an instrumental player in developing several large commercial and residential projects in the Grand Rapids area, and today he is going to take us through the process - from identifying the site and other pre-development tasks, to the construction process and the eventual completion and leasing of the property. We'll also discuss the strategy of building apartments that can be converted to condos later on, and the role financing and fund raising plays in the process. Bradley also has a lot of experience & stories that he'll be sharing with us. If you've ever considered developing your own real estate project, or are interested in the development and construction process, then this is a 'must-listen' episode with a seasoned expert. You can contact Bradley through his linkedin or email: https://www.linkedin.com/in/bradley-hartwell-19074147/ [email protected]

Today we're going to talk about Mobile Home Park Investing with a renowned expert on the subject. Many of you know Kevin Bupp from his popular podcast "Real Estate Investing For Cashflow". Kevin is a serial entrepreneur with over $100 Million in transactions, including apartments, single family homes, office buildings, raw land, condos, and his favorite, mobile home parks. Today Kevin is going to tell us how a lunch meeting turned him into a Mobile Home Park Investor, how this asset class compares to apartment investing, why cities and municipalities are zoning these parks out of existence, and what you're really investing in when you buy one of these communities. Kevin will also share his tips on working with the homeowners and residents of these parks, the criteria he uses when conducting due diligence on an investment opportunity, and how to avoid the pitfalls that can cost investors a lot of money. Kevin shares a scary story about a very lucrative-seeming investment that went wrong because the utilities needed replacing. Kevin also teaches his methods to Mobile Home Park Investors across the country, and you can learn more by going to his websites: https://mobilehomeparkacademy.com http://dealfindersformula.com/home

One of the bonuses of attending the RPOA's Annual Conference this past February, is that everyone had the opportunity to enjoy a special Q&A session with Jeremy Cole & Ramon Huerta. If you don't know who these guys are, you soon will. They're the stars of "Gritty To Pretty", an HGTV show that was just about to air its 2nd episode on the DIY Network, and has since been picked up for a full season by HGTV - which they are currently shooting. Jeremy & Ramon are both passionate about improving the Kalamazoo, Michigan neighborhoods they invest in, and Jeremy is on a mission to save homes that the city would prefer to tear down. In this episode he goes into detail on the true cost of tearing down homes in terms of dollars, neighborhood impact, and the availability of affordable housing. This is a wide-ranging Q&A with a lot of great questions from the audience about investing, rehabbing, and being on a hit reality tv show. It was a lot of fun to record, and I know you're going to enjoy this episode and everything Jeremy & Ramon have to share.

Anna Myers acquired her first 500 Multifamily units in 2018, and another 300 units in 2019 (so far). Today we're going to find out how she's been able to grow her portfolio so quickly through her systematic approach to analyzing markets and opportunities, as well as her ability to create pivotal & strategic partnerships. From single-mother, to surviving the tech market crash of 2000, to becoming a small business owner and eventually the Vice President of Grocapitus, Anna has always relied on her analytical skills to improve her opportunities. Today we're going to learn how she's seized certain opportunites along the way that have led to her success. Whether it be volunteering to build an analysis tool for her mentor, Neil Bawa, or becoming an educator and trainer on commercial underwriting through MultifamilyU. Anna will share how she uses her systematic approach and knowledge of data science to find the best markets that will weather the next downturn, analyze potential multifamily opportunities, and improve the management and leasing of the apartments she owns. And yes, Anna will name the markets that she finds most compelling. Anna's perspective is unique in this industry, and you'll definitely appreciate the wisdom & knowledge she's about to share. You can find out more about Anna and the courses she teaches for MultifamilyU by going to https://multifamilyu.com

One of the biggest fears landlords and rental property owners have is nightmare residents. I'm talking about tenants who seem okay at first, but then decide they're not going to pay rent, damage your property, and cost you thousands of dollars trying to evict them and clean up their mess. How can we avoid this problem? Well, the best answer is proper tenant screening. But not everyone understands what the best practices are, or even how to go about it. Today, I'm talking with DJ Newman, the owner of Grand Slam Investigations. DJ is a licensed private investigator and an expert on running background, criminal & credit checks on potential tenants. DJ is going to share his screening methods in order to help you find the very best residents for your property. Grand Slam Investigations is also affiliated with the RPOA, and DJ will discuss the benefits they provide to RPOA members. He also has some great stories of the private investigation work he's done, including the survelliance work that led to having a shotgun pointed at his head, along with some other scary encounters. I know you'll enjoy this conversation with DJ, and you'll definitely get some tips that will help you find better residents. You can contact DJ through Grand Slam Investigations' website or by phone. www.gsipi.com 231-359-1555

Larry Goins is a visionary, entrepreneur, real estate investor, and educator. He's been investing in real estate for over 30 years, and has previously served as the president of the Metrolina Real Estate Investors Association in Charlotte, North Carolina. Today, Larry is not only going to share details on his Real Estate Day-Trading system, he's also going to show exactly how he builds Confidence, Credibility, and Rapport with Sellers. He'll take us through real-life conversations to illustrate how you can get people to like and trust you, Price-Condition your sellers, and close the deal. Larry will also share how he builds his lists, vets and funnels his buyers, conducts due-diligence on his opportunities, and the process he follows once the property is under contract. This is all top-level information that any investor will benefit from. Larry also travels throughout the U.S. speaking and training students on buying HUD Homes, Virtual Real Estate Day Trading, Seller Financing, and his "Filthy Rich" system of investing. He's also a noted author and hosts an excellent podcast called "Brain-Pick a Pro Podcast". You can get a free copy of Larry's book "Getting Started in Real Estate Day Trading" by calling 1-877-LARRY GO and asking for a copy. Be sure to mention this podcast. Larry can also be contacted through his website at www.larrygoins.com

Real Estate Investing and Property Management is a People Business, and Chelsea Roelofs was trained early on how important that concept is. Chelsea has a background in social work that has helped her attract clients and residents through her company Rockfinch Realty, a full-service property management and real estate brokerage company. Today we're going to learn how Chelsea transitioned into real estate from social work, as well as the house-hacking investments she made in the historic neighborhoods of Grand Rapids, MI. Chelsea is also going to discuss her single-family & vacation rental investments in Grand Rapids & Muskegon, a lodge she recently purchased in Newaygo, and her property management philosophy that has helped build her successful business. I know you're going to enjoy hearing Chelsea share her experiences in real estate, and the lessons she's learned along the way. You can find out more about Chelsea by going to: http://www.rockfinch.forsale/content/about-rockfinch-realty

Owning and Managing Student Housing Rental Property can be very rewarding, but it takes a unique approach and strategies that are different from traditional property management. If you are considering purchasing property for student housing, or you currently own & manage student housing, then you'll definitely want to hear the best practices and advice from our guest today. Jared Behrens is the General Manager at American Realty Property Management, which specializes in managing A-class single family rentals and student housing in the West Michigan area. They currently manage over 325 units for 60 different owners. Jared is going to share his tips on leasing to students and managing their expectations, along with their parent's expectations. We're going to discuss which months you have to be prepared to move all your students in & out of the units, as well as when you must have them leased by. You'll learn why Jared advises having the students sign a 'jointly and severally liable' lease, and what type of properties and bedroom/bathroom configurations work best for students. There's a ton of great advice packed into this episode. You can contact Jared through his email, website, phone, Twitter, or Instagram: http://american-realty.net Email: [email protected] Phone: 616.913.9004 Twitter: @jaredbeh Instagram: @jared315

Performing and Non-Performing Notes. You've definitely heard us talk on this podcast about this area of investing. While the returns can be quite lucrative, there are many risks to consider, as well as barriers to entry. When entering this arena it pays to be well informed. That's why, at the recent RPOA Annual Conference, we held an Expert Q & A Panel Discussion on Note Buying. We had three experts there to help us understand what notes are, the investment opportunity they provide, the pro's and con's of investing in notes, and how they've each been successful in the single-family and commercial note investing arena. If you're interested in investing in notes yourself, then you definitely will get a lot of great information from our expert panel today. Sue Nelson is a trainer and coach who has done almost every type of creative real estate deal. Sue is an expert in commercial, multifamily, REOs and notes, and I actually joined her commercial note training program back in 2012. Sue was recently a guest on the podcast - episode #162. http://reonoteprofits.com [email protected] Gene Chandler has 45 years of real estate investing experience and is the asset manager for Chandler & Chandler Financial, which specializes in buying one-off and small pools of distressed assets directly from banks, hedge funds, and private equity groups. Gene was a guest on episode #80, and I was so impressed by our conversation that I ended up investing with Gene, and together we've purchased 12 non-performing notes. [email protected] https://www.chandlerfin.com 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. [email protected] http://expandcap.com/about/

Today we're going to talk about an asset-class that I love: Performing & Non-Performing Notes. Notes are the underlying contract or mortgage that a home-owner is paying on, or sometimes not paying on. Whether they're performing or non-performing, notes can offer a lucrative opportunity to make money and help distressed homeowners in the process. Wylea Griggs, the owner of Eleesee Solutions, LLC, is a local Grand Rapids investor who has been purchasing non-performing notes. Today she is going to walk us through three of her recent deals and show us how she was able to make 30 to 60% returns, while helping several homeowners get past some difficult setbacks and get current with their mortgage payments. Wylea also hosts a local meet up group: "Grand Rapids Note Closers - Wine & Notes for Self Directed IRA Real Estate Investors". They'll be meeting this Wednesday, May 8th, from 6 to 9pm at the Cascade Winery, 4665 Broadmoor, Kentwood, MI 49512. I know you're going to enjoy hearing Wylea's story of how she got started investing in real estate and ended up realizing the benefits of investing in notes. You can contact her by phone, email, or her website: 616-329-5955 [email protected] www.eleeseesolutions.com

Jason Pero bought his first duplex in 2001 and never looked back. He quickly acquired more units, started a management company, and left his W-2 job by 2012. He now owns over 650 Units that he manages through his company, Pero Real Estate, located in Erie Pennsylvania. Jason recently completed his first syndication of 86 units and is going to share with us how he structures his deals for investors. We'll also learn how & why he prefers to acquire properties in his own backyard, off-market, and directly from sellers. And Jason will share the tools and software he uses in his property management business. Jason is also the President of his local REIA, the Apartment Association of North West Pennsylvania. We discuss why its important to be active in your local real estate groups and how its helped both of us make huge progress in our investments while giving back to the investor community. I know you're going to enjoy this conversation with Jason. He shares a lot of the details on how he grew his portfolio, and how he and his wife were both able to leave their W-2 jobs. Jason can be contacted by email at [email protected]

With the recent legalization of marijuana in Michigan and other states around the country, many real estate investors and landlords have been wondering what this means for their investment property. Are tenants now able to smoke marijuana in their units? Do we need to change our leases to accommodate this new law? Can we get in trouble if we evict a tenant for smoking marijuana? How can we as investors profit from this new law? How do we identify these new opportunities? At the recent RPOA annual conference we held an expert Q&A discussion with Justin Wheeler, a real estate attorney with the law firm Bolhouse, Hofstee & McLean. Justin practices in the areas of business and real estate and has several clients in the marijuana space. If you are at all concerned about the implications of the legalization of marijuana on your investment property, or you're excited to know where the opportunities are in this space, then you'll enjoy hearing Justin discuss the in's & out's of this new law. Justin can be reached by email: [email protected]

If you're looking for opportunities in today's hot market, and chasing after those that are listed on the MLS by realtors or brokers, chances are you're experiencing a great deal of competition and frustration. My guest today has managed to avoid that agony by finding off-market deals. Of his last 20 acquisitions, he's only gone through the MLS one time. That's 19 off-market deals that he's been able to find in the past year! Today, Patrick Spitzley is going to take us through his most recent rehab acquisitions and how he found them without going through the traditional channels. Patrick is a SFH rehabber and long-term investor who specializes in buying the worst house on the block and turning it into a cash cow. He's also a friend of the show who has appeared on episodes #13, 87 & most recently #168. Patrick's going to take us through, deal by deal, how he found these opportunities. From auctions to hoarder houses, from his insurance agent to a contact he made through the Deal Room at the RPOA's Annual Conference, Patrick knows how to beat the bushes and is going to share his secrets. Enjoy!

Jack Bosch owns rental houses, commercial properties and even large apartment communities. However, Jack's main passion is for buying and selling Lots and Unimproved Land. Jack and his wife began investing in land back in 2002, and it took them only 18 months to make over $1 Million dollars. Now Jack is known as "The Land Guy", and he teaches his strategies to investors all over the world. Today he's going to tell us how he finds, funds, and profits from buying land. Jack is also the #1 Best-Selling Author of the financial literacy book "Forever Cash: Break the earn-spend cycle, take charge of your life, and build everlasting wealth". Jack also hosts the successful podcast "Forever Cash Life- Real Estate Podcast". This is a great episode for anyone who is interested in investing in real estate but doesn't want to deal with tenants, toilets & trash. Jack shares a lot of real-life examples and detailed knowledge from his experiences buying & selling land. You can contact Jack in the following ways: www.jackbosch.com www.landprofitgenerator.com www.forevercashbook.net facebook: forever cash group & land for pennies "Forever Cash Life - Real Estate Podcast"

I met Ramond Harris II at the RPOA's Annual Conference last month, and after hearing his story I knew that we needed to record a podcast immediately. You see, Ramond is seemingly a successful Detroit-based wholesaler, rehabber & flipper. But there was something wrong with his business model, and he was trying to figure out how to fix it. So I invited Patrick Spitzley and Justin Workman, two experienced rehabbers and Friends of the Show, to join us for a Mastermind Session, in which we learned about the challenges facing Ramond in his business, analyzed his situation, and helped him come up with concrete solutions to improve his systems and create more profit for himself. And I thought we were doing a pretty good job. Until half-way through the mastermind session Ramond dropped a bomb into the conversation. At that point we realized what the real problem was...! I know you're going to enjoy this conversation with Ramond. You'll learn a lot about what it means to be an entrepreneur and investor, and how some of the decisions we make can impact us without even realizing it. Ramond really opens himself up to the group and isn't afraid to share the whole truth about his business. At the end of the episode you'll also get to enjoy a recent update from Ramond, as well as the conversation that took place after everyone thought I'd turned of the microphones! This is one of my favorite episodes, so I hope you enjoy it as much as we did! Ramond can be reached by email: [email protected]

As Rental Property Owners and Landlords, we need to be aware of the changing demographics, trends, and technologies that are shaping the future of Real Estate Investing, especially when it comes to the impact of Millenials and Generation Z on our businesses. Linda Liberatore speaks on these topics all over the country and is the Founder & CEO of Secure Pay One, a company dedicated to Landlord Empowerment. She's also the author of the bestselling books: "Landlord's Secrets", "My Landlord Helper: The Keys to Managing Your Real Estate", and "Daily Inspirations to Achieve Your Real Estate Investment Goals". Linda's going to help us understand Demographic Trends and the expectations of Generation Z that you must consider, Cost-Effective Technology Solutions that you can apply to your rental business, Social Media Marketing, Navigating the Friction Points in Leasing & Marketing, and her projections of what changes we should expect in the coming years. Linda shares a lot of great knowledge and experience in this episode. You can get in touch with her by email, phone or website: [email protected] 847-436-9006 http://lindaliberatore.com Enjoy!

Hiring Contractors, handling Maintenance issues and dealing with City Inspections are a reality of owning residential rental property. The level of efficiency and quality employed in handling these issues can either add huge value or create huge problems for your investment properties. It can be helpful to understand the best practices employed by the professionals in our industry to make sure we're following the rules and not wasting money. That's why today's conversation is a must listen for anyone who owns or is thinking of owning Rental Property. We are going to break down the process of taking proper care of your investment property. We're going to discuss the logistics of scheduling repairs with your tenants, managing expectations of owners and residents, finding and hiring the best vendors and contractors, and handling city inspections. Having this conversation with me today are two experts in their field: Amanda Szabo is a general manager at LeaseGR, a West Michigan Property Management Company that has been in business for over 15 years. Tom Harrold is the manager of Rental Property Maintenance (RPM), a West Michigan company that handles maintenance, repairs, and rehabs for landlords and property managers in the Grand Rapids area. This is a great nuts & bolts episode for understanding the best ways to take care of your rental property investments. You can reach Amanda and Tom in the following ways: Amanda Szabo, General Manager at LeaseGR www.leasegr.com [email protected] 616-257-3997 Tom Harrold, Manager @ Rental Property Maintenance (RPM) https://rpm616.com/contact/ [email protected]

Joseph Gozlan is a Multifamily Investment Specialist with a portfolio of over 500 units in strong secondary markets in Texas. He's also a former lieutenant in the Israeli Defense Force and has over 17 years of leadership experiences in the software industry, which helped him sharpen his business and analytical skills as well as his "big picture" perspective. Joseph is also a fascinating guy with a lot of great real estate wisdom to share. In today's conversation Joseph takes us through his thought process comparing multifamily investing to other types of investing, and how this helped him go from zero to 500 units in less than three years. We also discuss the massive generational shift in demographics that is having an enormous impact on rental housing, Joseph's three rules of investing that will see him through good and bad economic cycles, and how he's in the process of changing out his management team. Joseph also makes it clear that Multifamily investing is not as easy as some might say. It takes a lot of work and perseverance, and Joseph discusses the many challenges that he's had to face. I know you're going to enjoy this highly enlightening conversation. Joseph is also a broker and uses his 360 degree perspective of multifamily investing and ownership to help his buyers and sellers. You can learn more about Joseph through his brokerage website and his acquisition website: www.ebgtexas.com www.ebgtx.com

Last year we saw the passage of the Trump Administration's Tax Cuts and Jobs Act which created opportunities for investors and small business owners to lower the amount of taxes owed. However, there were still some outstanding questions that needed to be answered. Luckily we have Duane Culver back on the show today to shed some light on those lingering questions and how they apply to your 2018 tax preparation. Duane is a CPA and President of Culver CPA Group. Today he'll give us the low-down on the following topics: Qualified Business Income Deduction (QBID) and how it relates to your rental income. Do you still have to pay the Affordable Care Act Health Insurance Penalty? Reminder on the larger Standard Deduction you're able to take. Change in how you can deduct charitable contributions. What you need to know about Opportunity Zones. If you're about to sit down & do your own taxes, or you have a professional prepare them, it pays to learn as much as possible about tax rules & how they apply to real estate investing. The more you understand, the more you'll be able to use tax law to your advantage, avoid mistakes, and prevent IRS audits. You can also go back and listen to last years tax conversation with Duane, Ep#112, where we discuss the Tax Cuts and Jobs Act in more detail. Duane can be contacted by email, his website, or phone: [email protected] www.culvercpagroup.com 616-456-6464 Enjoy the show, and please take a moment to go to itunes to subscribe, rate & review.

My guest today started investing in Real Estate by buying and selling over 100 single family homes before transitioning into multifamily. Within 3 years he went from owning zero to 300 units across the country! Sterling White is an investor and business owner on a mission to make the world a better place through principled and efficient real estate investment. He's also helped other investors raise money for their deals and attract private money through a software platform he co-developed called "Syndication Pro". Today Sterling and I discuss how he was able to grow his portfolio so quickly, and the differences he sees between fixing & flipping and owning multifamily. Sterling also has some great stories on the methods he uses to build rapport with sellers and investors, and how a 'thank-you' card helped him beat out multiple higher offers. Sterling will also share why he avoids brokers and prefers to find off-market deals. We'll also talk about syndication and why he helped design and build an on-line investor portal to make the process more efficient and profitable. Sterling shares a lot of great knowledge in this conversation that will be helpful to anyone looking to find off-market deals or raise money from investors. You can contact Sterling through email or his website: [email protected] https://www.syndicationpro.com

In this quick update, Jeremy Cole and I share an important announcement about two events you don't want to miss: First off, today (Thursday, February 21, 2019) is the first day of the RPOA's Annual FREE Conference & Expo, and there will be a special Q&A session tonight at 6pm with the stars of HGTV/DIY's hit show 'Gritty to Pretty'. Arrive early for the 5:30 happy hour and chance to meet Jeremy and Ramon Huerta live! You will also have the opportunity to watch their show this Saturday, February 23rd at 8pm when it airs on the DIY Network. Your action item for the day is to set your DVR to record, or watch it live, because the more people who check out this episode, the better the show's chance of getting to the next level at HGTV. For more information about the conference, and to register for FREE, go to www.rpoaonline.org We'll see you there!

Sue Nelson has constructed almost every type of creative real estate deal: commercial short sales, loan modifications, options, master leases, JV agreements, and note buys. You name it, she's done it! That's why I actually joined Sue's coaching group several years back - I knew that I could learn from her experiences to help get me to the next level as a real estate investor. And today Sue is going to talk about the different ways she's invested in Multi-Family and Apartment Real Estate. We'll discuss how she structures her deals with sellers and investors, how she knows whether or not she's investing in a good area, what you must remember when working with a broker, and what it takes to become a transaction engineer. Sue will also be one of our featured speakers at the RPOA's Annual Michigan Landlord & Real Estate Investor FREE Conference & Expo which is happening in Grand Rapids, Michigan from February 21 through 23, 2019. This is the largest Landlord & Real Estate Investor Conference in the Midwest, and you can register for free at: https://rpoaonline.org/training-events-annual-conference-expo/ Sue will be speaking on Friday and Saturday about investing in Commercial and Multi-Family with REO's and Notes. I can tell you from personal experience that you do not want to miss this incredible opportunity to learn from Sue. She is a master of the creative real estate deal!

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 FREE Conference & Expo of 2019", happening February 21, 22, & 23 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 rpoaonline.org to register for FREE, and we'll look forward to seeing you there!

37 years ago, Jeffrey Taylor and his wife became accidental landlords. But they had no way of knowing that long ago, that the mistakes they were making and the challenges they were facing, would someday go on to inspire tens-of-thousands of real estate investors and landlords across the country. Today you will find out how Jeffrey Taylor transitioned from being a full-time school teacher into Mr. Landlord, a highly sought-after speaker, trainer and author who has spent the past 34 years teaching landlords how to treat rental property as a business, increase their cash flow, and reduce their headaches along the way. Jeffrey & I recorded this conversation in 2017 and it originally was released as Episode #57. You'll definitely want to listen to it again, because it includes his non-traditional ideas on how to increase your tenant's satisfaction and create more freedom for you as a rental property owner. Plus, Jeffrey's ideas will make you more money in rental income. Jeffrey will also be one of our featured speakers at the RPOA's Annual Michigan Landlord & Real Estate Investor FREE Conference & Expo which is happening in Grand Rapids, Michigan from February 21 through 23, 2019. This is the largest Landlord & Real Estate Investor Conference in the Midwest, and you can register for free at: https://rpoaonline.org/training-events-annual-conference-expo/ "Mr. Landlord" is one of our most requested, popular, and entertaining featured speakers of all time, and you'll definitely want to listen to this episode and come learn from him live. Enjoy!

Short-Term & Vacation Rentals like Airbnb are getting a lot of interest from investors because of their potential for exponentially increasing your income. My guest today, Beth Carson, helps investors and vacation rental owners make as much money as possible out of their investment. Beth has been in the hospitality industry for 18 years working with mini-resorts and high-end homes, and has helped investors go from losing millions a year to being profitable in one month. Beth is a well-known expert on the subject of of Short-Term & Vacation Rentals, and she will also be one of our featured speakers at the RPOA's Annual Michigan Landlord & Real Estate Investor FREE Conference & Expo which is happening in Grand Rapids, Michigan from February 21 through 23, 2019. This is the largest Landlord & Real Estate Investor Conference in the Midwest, and you can register for free at: https://rpoaonline.org/training-events-annual-conference-expo/ I know you're going to enjoy today's episode. Short-Term & Vacation Rentals couldn't be a hotter topic right now, and Beth has a lot of great insight into how you can profit in this type of investment. Enjoy!

Today we're going to talk about a real estate asset-class that I love. It's one where you have renters, but they don't live in the property. You quite often don't have to worry about heat or water, and when someone moves out you can sweep their unit clean and move someone else in the very same day. I'm talking about Self-Storage investing, and my guest today, Scott Meyers, is going to show us how this can be a great way to create massive cash flow without all of the downside associated with residential rental units. Scott is a well-known expert on the subject of Self-Storage investing, and he will also be one of our featured speakers at the RPOA's Annual Michigan Landlord & Real Estate Investor FREE Conference & Expo which is happening in Grand Rapids, Michigan from February 21 through 23, 2019. This is the largest Landlord & Real Estate Investor Conference in the Midwest, and you can register for free at: https://rpoaonline.org/training-events-annual-conference-expo/ This is a great episode for you to get more familiar with an investing strategy that can be very profitable. Even if you're already investing in Self-Storage I know you'll get a lot of great information from this conversation that will take you to the next level. Enjoy!

Many investors are turning to mobile home investing to avoid the crazy competition in the real estate market for rentals and flips—and they're succeeding! Mobile homes are sometimes the only alternative for those families with less money to spend on rent. My guest today, Marco Kozlowski, believes that anyone can achieve success in real estate and is betting that mobile home investing is the fastest and best way to achieve that dream in today's market. Marco shares specific examples of the deals he's done and the systems he's put in place to ensure success. Marco is a leading expert in mobile home and real estate investing and is the owner of a variety of successful companies in multiple countries. Marco will also be one of our featured speakers at the RPOA's Annual Michigan Landlord & Real Estate Investor FREE Conference & Expo which is happening in Grand Rapids, Michigan from February 21 through 23, 2019. This is the largest Landlord & Real Estate Investor Conference in the Midwest, and you can register for free at: https://rpoaonline.org/training-events-annual-conference-expo/ There's a lot of great information in today's conversation with Marco that I know you're going to enjoy and profit from.

One of the biggest questions real estate investors have is "where can I get More Money to do More deals?". Or, if you're just starting out, how can you find the funds to do your first deal? My guest today has the answers. Alan Cowgill teaches investors around the world how to find Win-Win situations and attract and convert folks into Private Money Lenders to get all the money you need to get deals done. Alan will discuss how he first stumbled upon the power of using private money, the types of presentations that attract private money, the mistakes he's seen others make, and the SEC rules that must be followed. Alan will also be one of our featured speakers at the RPOA's Annual Michigan Landlord & Real Estate Investor FREE Conference & Expo which is happening in Grand Rapids, Michigan from February 21 through 23, 2019. This is the largest Landlord & Real Estate Investor Conference in the Midwest, and you can register for free at: https://rpoaonline.org/training-events-annual-conference-expo/ I know you're going to enjoy listening to my conversation with Alan. If you're in need of funds to do more deals then this episode is a "Must-Listen". Enjoy!

Cameron Gaskill didn't start in Real Estate Investing from a place of wealth or privilege. He was struggling to make ends meet and living paycheck to paycheck. When he would tell people he wanted to become a real estate investor they would laugh at him. After disaster struck he decided to follow his dream, and he's since rehabbed and flipped over 800 houses in Florida. Today Cameron is going to take us through his successful process of rehabbing and flipping, working with contractors, and the systems he's set up to be as efficient as possible. You'll learn what type of home Cameron likes to buy, and what he avoids. We'll also discuss the numbers - what he'll pay and how much he wants to make on each project. Cameron also has advice on how to find the funds to become a successful flipper and rehabber. Cameron will also be one of our featured speakers at the RPOA's Annual Michigan Landlord & Real Estate Investor FREE Conference & Expo which is happening in Grand Rapids, Michigan from February 21 through 23, 2019. This is the largest Landlord & Real Estate Investor Conference in the Midwest, and you can register for free at: https://rpoaonline.org/training-events-annual-conference-expo/ I know you're going to enjoy listening to my conversation with Cameron. He shares a lot of great down-to-earth advice on managing the nuts & bolts of rehabbing and flipping. Enjoy!

My guest today is an experienced buyer of Non-Performing Notes who got his start investing in Multifamily and Syndicating Apartment opportunities. Adam Adams' first deal was an 11-unit apartment complex, and he has bought and sold over 500 units. Currently he's a net-seller. Adam jumped into buying Non-Performing Notes by buying a pool (multiple notes) for just under $1 Million. We're going to discuss that pool today, and Adam will share how he was able to profit while helping home-owners stay in their homes. There's a lot of pitfalls and mistakes that you can encounter when purchasing notes, and Adam has some very helpful advice and warnings on what to avoid, as well as the dangers he sees in today's market. We also discuss the unintended consequences of the Dodd Frank Act, and how its impacting people's ability to purchase a home. Adam has a lot of great wisdom to share, and listening to this episode will help you avoid the Crying Game - which is what happens when you purchase notes the wrong way. Adam is also a pipedrive CRM software expert, and you can watch his tutorials and learn more about his business at his website: http://www.ajarealtyinvestments.com

My guest today is a really interesting guy with a lot of great stories to tell. Damion Lupo has a 5th degree black belt in real estate investing, and he's a financial transformation architect. You'll have to listen to this episode to understand what both of those mean. You'll also want to listen and learn how Damion built up a portfolio worth $20 million, and then lost much of it in the Great Recession. Damion shares many of his crazy stories about losing money, dealing with tenants, and why his investment career can be compared to the tv shows "Breaking Bad" and "Dexter". Damion talks about spending over $1 million on seminars, gurus, and mentors, and what he's gained from those experiences. He explains why he won't do business with anyone in their 20's, and discusses his thoughts on where we are in the current real estate cycle and what might happen during the next recession. Damion is also an expert on "QRPs", or Qualified Retirement Plans. He'll explain what they are and the power they give investors over their retirement accounts. He'll also compare them to Self Directed IRAs and explain why he believes QRPs are preferable. I know you're going to enjoy this conversation with Damion. You can download a free copy of his book by going to www.qrpbook.com You can also visit Damion's website: https://www.totalcontrolfinancial.com/

James Kandasamy has built an impressive portfolio of Value-Add Multifamily and Apartment Properties in San Antonio Texas. He currently controls over 1,000 units worth $65 Million and oversees the management and construction through his company Achieve Investment Group. Today James tells us how he did it: why & how he transitioned from purchasing single-family homes through the BRRR strategy to investing in multifamily, how he identified and acquired value-add properties, and how he bypassed the brokers by going to the sellers directly through direct marketing. James also discusses the thought process he went through before quitting his full-time job. He and his wife didn't just want to replace their income with cash flow, they wanted to 2X or 3X their income. James is also the author of a soon-to-be released book for passive investors - "Passive Investing in Commercial Real Estate: An Insider's Secret to Financial Independence" which will be available on amazon.com This is a great episode for anyone willing to think 'bigger' and take their financial destiny into their own hands. You can contact James through his website or email: https://achieveinvestmentgroup.com/ [email protected]

Kyle Zimpleman has a really great story to tell about his roller-coaster ride through the Great Recession - how he began investing in single & multifamily properties, why he got rid of them too soon, and the emotions he experienced during the ups and down's of the recessionary market cycle. Today Kyle is the President & CEO of Expand Capital Group which purchases discounted mortgages throughout the U.S. On this episode Kyle is going to share his stories of the great investments he made in single and multifamily properties, and why he had to let them go during the Great Recession. What you'll find particularly interesting is Kyle's take on the emotions he encountered as he rode the market cycle, from Optimism to Euphoria as the market reached it's height, to Anxiety and Despondence as it crashed to it's lows. Kyle has been through all of it and come out much stronger as a result. Kyle is also investing in performing and non-performing notes. We discuss the discounts he's finding on these mortgages and the ways he's profiting from them. Kyle explains how discounted mortgages work and shares stories from his conversations with home-owners who he's helped stay in their homes by renegotiating their mortgages. Kyle has a lot of great experience to share and I know you're going to enjoy hearing his story. You can contact Kyle by email, phone or website: [email protected] http://expandcap.com/will-the-housing-market-crash-soon/ 248-955-8222

Powell Chee bought his first Single Family Rental in Kansas City by using his Credit Cards to pay All Cash. His next purchase was a 40-Unit Multi-Family in Indianapolis, and Powell has been asset managing and improving this property while living and working in Los Angeles, California. Today Powell and I have a fun conversation discussing the process he went through to find, fund, and improve these investments, and the mistakes he's made along the way. Powell will share his thoughts on the importance of using financial analysis software, budgeting enough money for improvements, finding out-of-state properties, and doing it all while working a full-time job. Powell also hosts one of the largest multifamily meetup groups in Los Angeles - "Out-of-State Multifamily Apartment Investors Meetup" - and he's going to share how building this network has improved his fund-raising capabilities and created new opportunities. We also discuss Powell's daily routines, including the benefits he's enjoyed from doing Hal Elrod's "Miracle Morning". I know you're going to enjoy this episode. Powell has a lot of interesting experiences & wisdom to share. You can contact Powell through his website or email: https://www.platinumequitypartners.com/ [email protected] Enjoy!