Explorez tous les épisodes du podcast Real Estate Investing with the REI Mastermind Network
| Titre | Date | Durée | |
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| Avoid This Costly Rental Property Mistake! w/ Dan Erb | 23 Sep 2024 | 00:32:03 | |
Discover the essential strategy for avoiding costly rental property mistakes with Dan Erb from Strand Capital LLC! As an accomplished real estate investor, Dan shares his invaluable insights into the world of single-family home investments. Learn how he transitioned from a career in banking to building a successful investment portfolio, focusing on markets like Indianapolis, Chattanooga, and Birmingham. Key Takeaways:
Connect with Dan on LinkedIn to explore more about his innovative approach to real estate investing! 🔔 Subscribe to the REI Mastermind Network Podcast for more expert interviews and actionable tips for real estate success. 👍 Like this video if you found it helpful and **share** it with your real estate investing friends. Join the conversation and support the show to empower your journey in real estate. Remember, "The best investment on Earth is Earth." Start building your legacy today! CHAPTERS: 00:00 - Intro 00:54 - How Dan Got Started in Real Estate 01:51 - How Dan Finds Properties to Buy 04:31 - Where Dan Buys Properties 07:00 - What Returns Dan Looks For When Buying Properties 09:03 - How Dan Adds Value to Properties 11:11 - How Dan Expands to New Markets 14:15 - Minimum Cash Flow Requirements 16:27 - Finding a Good Property Manager 20:13 - Lessons from Financial Background 22:57 - Importance of an Exit Strategy 24:14 - Goals for Strand Capital 26:15 - Topics We Wish We Covered 28:23 - Common Lies Real Estate Investors Tell 28:45 - Advice for Younger Self 29:10 - Time-Saving Strategies in Real Estate 29:50 - Recommended Books for Investors RealDealCRM.com RealDealCRM is your Real Estate Investing Virtual Assistant. A Real Estate Investing CRM for Real Estate Investors created by Real Estate Investors. SMS, Stealth Voicemails, Phone, Voicemail, Funnels, and AUTOMATION in a single platform! Check out more details at RealDealCRM.com LIKE • SHARE • JOIN • REVIEW | |||
| How I Turned $15K Into $135K: My First Real Estate Win w/ Jordan Sylvester | 19 Sep 2024 | 00:29:45 | |
Join real estate investor Jordan Sylvester as he reveals his transformative journey from a $15K investment to a $135K real estate win. In this episode, Jordan shares how leveraging relationships and overcoming fear can lead to substantial success in real estate investing. Discover how strategic renovations and an investment mindset helped him build generational wealth.
Subscribe to the PODCAST! Support the show by liking, sharing, and leaving a review. Join the Community for more expert advice and exclusive content. SUPPORT THE SHOW! Take advantage of our sponsor deals to enhance your investing journey. _"Success in real estate is not just about what you know, but who you know."_ Embrace the lessons from Jordan's journey and start building your path to generational wealth today! CHAPTERS: 00:00 - Jordan Sylvester Joins Jack 00:23 - Why Realtors Don’t Invest 02:02 - Your First Real Estate Deal 05:50 - Leveraging Relationships in Real Estate 08:24 - What Happened in the Market 14:21 - Jordan Sylvester’s Authenticity Journey 21:01 - Mindset Strategies from Jordan 22:35 - Advice to His Younger Self 25:04 - Topics We Wish We Covered 26:13 - Lies Real Estate Investors Tell 26:45 - Recommended Real Estate Books 27:18 - Time Travel Advice for Younger Self 27:29 - Key Strategies for Success RealDealCRM.com RealDealCRM is your Real Estate Investing Virtual Assistant. A Real Estate Investing CRM for Real Estate Investors created by Real Estate Investors. SMS, Stealth Voicemails, Phone, Voicemail, Funnels, and AUTOMATION in a single platform! Check out more details at RealDealCRM.com LIKE • SHARE • JOIN • REVIEW | |||
| The Shocking Truth About Real Estate Syndication w/ Jim Manning | 15 Aug 2024 | 00:42:08 | |
Join Jack on the REI Mastermind Network as he uncovers the shocking truth about real estate syndication with special guest Jim Manning. Jim, a seasoned real estate investor with over 3,500 deals under his belt, shares his remarkable journey from working under a self-made billionaire to mastering the art of real estate investing. Discover how Jim transitioned from flipping 125 properties a year to building generational wealth through strategic renovations and lease purchase strategies.
Embark on your journey to financial freedom by subscribing, liking, and sharing the podcast. Your success in real estate investing starts here! #RealEstateLessons #RealEstatePodcast #MultifamilyProperties #ReiMastermind #InvestmentStrategies CHAPTERS: 00:00 - Intro 00:38 - Jim's Background 07:47 - Maximizing Your Earnings 10:38 - Jim's Investing Journey 18:28 - Lease Purchase vs Rent to Own Explained 24:28 - Handling the Down Payment 26:58 - Lease Purchase vs Traditional Real Estate 28:32 - Not a Get Rich Quick Scheme 29:45 - Lease Option Details 30:40 - Supporting the Buyer 34:05 - Questions for Jim 36:38 - Rapid Fire Round 39:40 - Jim's Productivity Tips 40:40 - Connect with Jim RealDealCRM.com RealDealCRM is your Real Estate Investing Virtual Assistant. A Real Estate Investing CRM for Real Estate Investors created by Real Estate Investors. SMS, Stealth Voicemails, Phone, Voicemail, Funnels, and AUTOMATION in a single platform! Check out more details at RealDealCRM.com LIKE • SHARE • JOIN • REVIEW | |||
| 4,000 Houses! Finding Happiness and Freedom with Brad Chandler | 28 Sep 2023 | 00:35:19 | |
Brad Chandler is a devoted father who was determined to find help for his son's anxiety. In his quest for answers, Brad found himself on a life-changing Zoom call with a woman recommended by a friend. Within just five minutes, she identified a tick in Brad's behavior, pointing out that he blinked excessively when discussing his childhood. This astute observation led to a revelation: Brad might have unresolved childhood trauma that was contributing to his son's anxiety. Eager to do whatever it took to help his son, Brad eagerly accepted an invitation to travel to Park City and work with Mike's Navy Seal husband and the woman he had connected with. Little did he know that a mere three-hour session with the Navy Seal would transform every aspect of his life. During their time together, Brad and the Navy Seal delved into events from Brad's childhood that had caused him immense stress and a sense of helplessness. The experience allowed Brad to realize that he had been carrying unresolved issues from his past, which in turn affected his son's anxiety. Motivated by the newfound understanding, Brad dedicated himself to healing and gaining control over his life. This transformative journey not only empowered Brad to become the rock his son needed but also inspired him to help others facing similar challenges. Today, Brad Chandler is a beacon of hope for families dealing with anxiety and unresolved trauma. Through his own experiences and the knowledge gained from his transformational session, he works tirelessly to support and guide individuals towards healing and resilience. Brad's story serves as a testament to the power of confronting and overcoming our past, ultimately leading to a brighter future for ourselves and our loved ones. Connect with Brad Chandler: https://www.bradchandler.com/ Primary Topics Covered: 1. Introduction to the Speaker's Journey
2. Importance of Self-Love and Self-Worth
3. Childhood Stories and Negative Self-Perception
4. Dispelling Misconceptions about Hypnosis
5. Four Questions for Self-Worth and Self-Esteem
6. Self-Love as a Solution for Personal and Societal Problems
7. Impact of Parenting and Changing Behaviors
8. Addressing Root Thinking Issues
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| Active vs Passive Investing: Deciding the Right Approach for Maximizing Real Estate Profits with Guido Nunez | 26 Sep 2023 | 00:32:02 | |
Welcome back to another episode of the REI Mastermind Network! On today's show, host Jack Hoss is joined by special guest Guido Nunez to tackle the topic of wasted time in the workplace. They dive into the various factors that contribute to inefficiency, such as distractions and unoptimized processes. But fear not, they also provide valuable insights on how to eliminate waste and maximize productivity. In addition to dissecting workplace productivity, Jack and Guido explore the world of real estate investing. They discuss the importance of prioritizing tasks and aligning them with goals, as well as deciding between active and passive investing. They shed light on alternative investment opportunities and share their strategies for success. As the conversation unfolds, they delve into the nitty-gritty of real estate investing, including stress testing properties, evaluating market potential, and understanding financing options. Jack and Guido draw from their own experiences, both the challenges they faced and the lessons they learned along the way. But it's not just about investing in properties, it's about building meaningful relationships within the industry. They reveal their secrets to networking and finding reputable experts in the desired market. From property managers to maintenance professionals, they share their tried-and-true methods for assembling a top-notch team. And don't miss their expert advice on managing properties, from enhancing security to dealing with troublesome residents. They discuss the nuances of different property types, with a focus on D-class properties, which offer unique advantages for beginner investors. So whether you're looking to optimize your productivity in the workplace or dive into the world of real estate investing, this episode is packed with valuable insights and practical tips to help you master the game. Let's jump right in! Connect with Guido Nunez: theW2investor.com Key Topics and Bullets: Primary Topic: Wasted Time in the Workplace - Coworkers and distractions as sources of wasted time - Suggested solutions: automating tasks and simplifying decision making - Importance of prioritizing tasks based on importance and aligning with goals Primary Topic: Active vs. Passive Investing - The decision to be an active investor or a passive investor - Time constraints for certain professions, like doctors or surgeons - Alternative ways to invest as a passive investor, such as joint ventures or syndications Primary Topic: Property Investment Considerations - Importance of stress testing the property to understand breakeven point and potential negative cash flow - Examination of property location and market appreciation potential - Assessing the neighborhood's position and potential improvement in three years - Value of the property based on the difference between current rent and market rent - Financing considerations Primary Topic: Overcoming Challenges in Real Estate Investing - Limited financial resources when starting out - Cost of mentorships in the field - Strategies for acquiring knowledge: books, audiobooks, podcasts, meetups, learning from everyday investors, watching YouTube videos - Emphasizing the time-consuming nature of the learning process Primary Topic: Finding Opportunities in Real Estate - Importance of direct communication with sellers - The realization that taking action and responding promptly is more important than having a perfect script - Lesson learned about treating everyone with respect, particularly when dealing with D class properties - The goal of conveying... | |||
| Land Flipping: Unforgettable Lessons from Ray Zhang's Journey to Success | 21 Sep 2023 | 00:30:07 | |
Ray Zhang is a skilled entrepreneur who discovered his passion for flipping various items. Starting with free stuff and cars, he soon ventured into the realm of real estate. For the past four years, Ray has immersed himself in the world of land flipping. In his first year, he primarily focused on buying and selling inexpensive plots of land, making a modest profit. However, his expertise has evolved, and he now specializes in flipping infill lots located near bustling urban areas. Ray's ability to identify lucrative opportunities in the real estate market has established him as a successful land flipper. He continues to thrive in his current role, constantly seeking out new opportunities to maximize his profits. Connect with Ray Zhang:
Key Topics and Bullets Ray Zhang's Journey into Land Flipping
Strategy and Market Focus
Progress and Projections
Challenges and Apprehensions
Previous Real Estate Ventures
Mentorship and Mindset Shift
Overcoming Homelessness
Note: This summary covers the main topics discussed in the text, providing an overview of Ray Zhang's journey, strategy, progress, challenges, previous ventures, mentorship, and overcoming homelessness. LIKE • SHARE • JOIN • REVIEW | |||
| Mastering Airbnb: Effective Communication and Property Management with Noah Hoffman | 19 Sep 2023 | 00:41:05 | |
Noah Hoffman is a dynamic entrepreneur who ventured into the real estate industry at a young age. Initially working for a mentor in property management, Noah quickly identified the potential of short-term rentals through Airbnb. He began managing properties for his mentor and gradually expanded his portfolio, renting additional properties to put on Airbnb. Noah's experience as a carpet cleaner also proved beneficial as he pitched the idea of short-term rentals to property owners, successfully securing management contracts. After five years of working in property management, Noah made his first property purchase - a duplex with an FHA loan, occupying one unit himself. Empowered by his remote management skills, acquired through overseeing properties out of town, Noah took a leap and started investing in Fresno, California, as the San Francisco Bay area lacked favorable cash flow opportunities. To further increase his income, Noah also ventured into building accessory dwelling units (ADUs), capitalizing on favorable legislation that made the process more affordable and accessible. Noah now successfully manages multiple properties remotely and has expanded his ADU projects to include five units. With his entrepreneurial spirit and ability to seize innovative opportunities, Noah Hoffman continues to flourish in the real estate industry. Connect with Noah Hoffman: https://www.instagram.com/noahhoffmanairbnb/ Key Topics:Communication with Guests on Airbnb
Managing Airbnb Properties
Offering Additional Services to Guests
Maximizing Rental Income
Real Estate Investing Strategies and Financing
Speaker's Journey in Real Estate
Fundraising and Crowd Funding
Challenges and Lessons Learned
Growth and Future... | |||
| Enhancing Rental Investments: A Unique Model of ROI and Resident Incentives with Daniel Dorfman | 14 Sep 2023 | 00:30:11 | |
Daniel Dorfman is the visionary behind Roots, a real estate fund designed to provide affordable access to great return properties. He recognized the need for a win-win situation where residents could feel invested in the homes they live in, while also ensuring cash flow for investors. Dorfman observed that traditional security deposits often discouraged tenants from caring for the property, leading to a decline in quality. To address this issue, he created a unique model where tenants become partners in the investment from day one, acquiring a percentage ownership stake in the building and portfolio. Additionally, through the Living in Lake Yona program, tenants have the opportunity to earn rental rebates by responsibly maintaining the property and being good neighbors. Dorfman's innovative approach has not only transformed the tenant-landlord relationship but also yielded impressive results, with higher rent payment rates and improved asset quality. While challenges and resistance are expected, the Roots model is designed to incentivize participation and foster a partnership mentality among residents. Connect with Daniel Dorfman: https://www.investwithroots.com/ LIKE • SHARE • JOIN • REVIEW
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"You can invest 10,000 hours and become an | |||
| Mastering Multifamily: The Art of Raising Money and Building Relationships with Abbas Mohammed | 12 Sep 2023 | 00:40:00 | |
Abbas Mohammed is a successful real estate investor who made a name for himself in the multifamily sector. His journey began at the age of eighteen when he entered the real estate industry as a residential agent. Though he initially struggled, Abbas soon found his footing and rapidly rose in the ranks. Within just four and a half years, he earned a spot as one of the top 15 agents in the country, working under REMAX and managing a team of 25 virtual assistants. With his residential business flourishing, Abbas faced a new challenge – how to effectively invest the surplus cash generated from his sales. Initially, he considered building a single-family portfolio. However, upon closer examination, he realized that he would have limited control over the value of these homes, which largely depended on external factors such as interest rates and affordability. Sensing potential pitfalls, Abbas decided to explore other investment options. After thoroughly researching various avenues, Abbas stumbled upon the world of multifamily real estate. Intrigued by the numerous advantages it offered, he quickly made the bold decision to skip single-family investments altogether and dive straight into multifamily. His first venture involved a 64-unit property, a leap of faith that would prove to be one of the best decisions he ever made. Since then, Abbas Mohammed has continued his successful journey in multifamily real estate, leveraging his expertise and experience to further expand his portfolio. His story serves as an inspiration to aspiring investors, showcasing the rewards that come from strategic decision-making, calculated risk-taking, and an unwavering pursuit of success in the real estate industry. Connect with Abbas Mohammed: https://modelequity.com/invest-now/ Key Topics & Bullets: Challenges in Raising Money for Real Estate Deals
Building Relationships with Brokers in Multifamily Real Estate
Scaling and Growing the Business through Hiring
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| From Limiting Beliefs to Limitless Success: The Power of Mentorship and Mindset with Jorge Contreras | 07 Sep 2023 | 00:36:02 | |
Welcome to another episode of the REI Mastermind Network! In today's episode, host Jack Hoss is joined by the inspiring Jorge Contreras, a successful entrepreneur and real estate investor. Their conversation dives deep into the power of mentorship and how it can impact our lives and businesses. Jorge shares personal stories of his challenging upbringing and how he overcame limiting beliefs to achieve success. He also reveals his strategies for building a highly efficient and semi-passive business in the vacation rental industry. From communication systems to team building and pricing models, Jorge provides valuable insights and practical tips that can elevate your real estate game. So, grab your notepads and get ready to take your business to the next level with this enlightening episode of the REI Mastermind Network! Connect with Jorge Contreras: @TheJorgeContreras on Instagram Key Topics and Bullets: The importance and challenges of mentorship
The Jorge's background and personal growth journey
Overcoming limiting beliefs in business
Building a team and creating a semi-passive business
Hiring, probation periods, and building a reliable team
Pricing models and amenities for vacation rentals
Leveraging... | |||
| Navigating Risks and Success in Real Estate: Lessons Learned from a Lawsuit with Joe DiSanto | 05 Sep 2023 | 00:38:43 | |
Joe DeSanto is a fractional CFO who specializes in providing part-time CFO services to businesses. He has a background in owning larger businesses in the production and post-production space in Los Angeles. Joe and his wife decided to make a change in their lives after having a child, and they moved to Florida. With their savings from real estate investing and other market investments, Joe was able to work part-time and supplement their passive income. His financial independence and early retirement mindset led him to consider himself semi-retired. However, his expertise in finance and managing businesses led to his former partners asking him to continue handling their finances as a consultant. This led to other business owners reaching out to Joe, realizing the need for a part-time CFO who could provide the same level of expertise at a more affordable cost. Joe enjoys working with his clients and helping them understand the importance of running their personal finances like a business. He started a blog to communicate his knowledge to individuals who may not be able to afford a CFO but still want guidance in managing their finances. Through his blog, Joe offers free information and courses, as well as one-on-one coaching sessions. His goal is to help individuals gain good planning skills for their own future at a reasonable cost. Overall, Joe's focus is on helping businesses and individuals achieve financial success and improve their overall financial well-being. Connect with Joe DiSanto: https://www.playlouder.com/ Key Topics & Bullets: Primary Topic 1: Real Estate Investment and Risk
Primary Topic 2: Taking Control of Financial Planning
Primary Topic 3: Financial Support and Advising
Primary Topic 4: Financial Services for Businesses
Primary Topic 5: Analyzing Real Estate Investments
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| Finding the Right People: Key to Success in Real Estate Investing with Ace Hagerty | 31 Aug 2023 | 00:47:42 | |
Welcome back to another episode of the REI Mastermind Network! I'm your host, Jack Hoss, and today we have a fantastic guest joining us - the incredible Ace Hagerty. This episode is filled with wisdom and insights about the power of finding the right people for your real estate team. Ace shares their journey of building a successful real estate business, emphasizing the importance of having the right individuals in the right roles. From an amazing assistant who keeps their life organized to skilled project managers who ensure everything runs smoothly, Ace knows the value of a strong team. We dive deep into Ace's experiences in flipping houses, turnkey rentals, and ground-up developments. They share inspiring stories of turning run-down properties into beautiful units, increasing cash flow, and achieving substantial profits. But it's not all smooth sailing - Ace also reveals the mistakes they've made and the lessons they've learned along the way. Plus, Ace opens up about their personal transformation during a 100-day challenge, which led to the creation of an empowering book. We'll discuss the importance of maximizing our skills, setting clear goals, and focusing on specific niches. And let's not forget, Ace is also committed to making a difference in the world by supporting a nonprofit organization, Operation Rescue Children. Get ready for a jam-packed episode filled with real estate insights, personal growth inspiration, and valuable advice on building the right team. So, grab your notepad, sit back, and let's dive right into today's episode with the incredible Ace Hagerty! Connect with Ace Hagerty: SuperHerobyDesign.com Key Topics and Bullets: Importance of Finding the Right People for Your Team
Book Recommendation - "Who Not How"
Real Estate Investing Journey
Learning from Failures and Mistakes
Overcoming Challenges in Real Estate Investments
Focus and Setting Clear Goals
Real Estate Investing Journey - Finding Strengths and Partnering
Making... | |||
| Location, Leases, and Analysis: The Key Factors for Buying and Operating Laundromats w/ Jordan Berry | 29 Aug 2023 | 00:44:38 | |
Jordan Berry is a former pastor who made a bold decision to step away from his vocation after 15 years to seek a different path. Unsure of what to do next, Jordan and his family had the idea to rent out their house in Southern California and use the money to buy a condo in Hawaii. However, Jordan's wife had a different proposition – buying a laundromat instead. Intrigued by the concept of generating income that wasn't tied to their time, Jordan and his wife took the plunge and became laundromat owners. Although not entirely passive, the business offered a level of flexibility and potential returns that intrigued them. This unexpected leap into the laundromat business would mark a significant turning point in Jordan's professional journey. Connect with Jordan Berry: https://www.laundromatresource.com/ Key Topics and Bullets: Financing options for laundromats
Different business models for laundromats
Debate on replacing machines in the industry
Rehabbing and marketing a rundown laundromat
Importance of location, lease, and deal analysis
Tracking income and expenses in cash-based business
LA's competitive laundromat market
Focusing on customer satisfaction and profitability
The misconception of laundromats as passive businesses
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| How Jake & Gino Built a 1700-Unit Empire ⚡ Gino Barbaro | 12 Aug 2024 | 00:41:30 | |
Discover the journey of how Gino Barbaro and Jake built a 1700-unit multifamily empire! In this episode, Gino dives deep into their real estate investing strategies, the importance of financial intelligence, and the mindset shifts necessary to succeed in the multifamily assets market. Learn about their disciplined approach to building an investment portfolio and creating generational wealth through strategic renovations and smart financial decisions. Key Takeaways:
Connect with Gino Barbaro to explore more about their successful strategies and get valuable insights into real estate investing. Real estate investing made simple – from mindset to multifamily assets, this conversation is packed with actionable advice. SUPPORT THE SHOW! If you enjoyed this episode, please like, share, and subscribe. Join the Community for more expert insights and strategies tailored for real estate investors aiming to build generational wealth. Subscribe to the PODCAST! Stay updated with the REI Mastermind Network for more episodes with industry leaders. Quote of the Episode: "Every single dollar that comes into your life is a baby money soldier – its job is to procreate and grow." - Gino Barbaro #RealEstateInvesting #MultifamilyAssets #GenerationalWealth #InvestmentPortfolio #REIMastermindNetwork #PassiveInvesting #WealthBuildingStrategies #RealEstateMarketTrends #InterestRatesAndRealEstate #RealEstateEmpire CHAPTERS: 00:00 - Intro 01:40 - Money as a Game 04:28 - Market Changes Since Last Discussion 07:30 - Factors Influencing Market Turnaround 12:35 - Building Relationships with Brokers 19:05 - Like, Share, Subscribe, and Passive Investor Pro 20:05 - Creation of Passive Investor Pro 24:10 - Gino's Experiences and Teachings 25:50 - Overcoming Failure and Rebuilding Trust 28:35 - Education as an Investment 29:11 - Importance of Education 31:34 - Baby Money Soldiers 37:01 - Lies Real Estate Investors Tell Themselves 38:21 - Time-Saving Strategies 39:55 - Final Thoughts RealDealCRM.com RealDealCRM is your Real Estate Investing Virtual Assistant. A Real Estate Investing CRM for Real Estate Investors created by Real Estate Investors. SMS, Stealth Voicemails, Phone, Voicemail, Funnels, and AUTOMATION in a single platform! Check out more details at RealDealCRM.com LIKE • SHARE • JOIN • REVIEW | |||
| Leveraging Social Media and Networking: How to Grow Your REI Team and Portfolio with CJ Calio | 24 Aug 2023 | 00:34:56 | |
CJ Calio's story begins with him working as a well-paid, labor-intensive UPS driver. However, a particularly busy Christmas season where he couldn't see his family for months made him realize that he couldn't continue doing this job for the rest of his life. After discussing his frustration with his wife, she suggested looking into real estate as a potential income replacement. Although initially hesitant due to his lack of knowledge and pride, CJ eventually came around and supported his wife's idea. Together, they started attending networking events and learning about real estate strategies. CJ initially felt out of place and afraid to engage with others, but as he immersed himself in the industry, he realized that it was a legitimate opportunity for financial success. They took a leap of faith and purchased a property, eventually realizing that it was generating income. This success propelled CJ into becoming a leader in the real estate industry. He and his wife rapidly grew their portfolio, enabling them both to leave their previous jobs. As word spread about their achievements, CJ found himself mentoring others who were interested in achieving financial independence through real estate. After five years of mentoring, CJ and his wife have helped numerous individuals overcome their fears and start building their own portfolios of passive income. They are thrilled to be a part of this journey and continue to empower others to achieve financial success in real estate. Connect with CJ Calio: https://www.instagram.com/wnnproperties/ Key Topics and Bullets:
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| ADU Construction in San Diego: How Focusing on Detached Units Led to Business Growth with Whitney Hill | 22 Aug 2023 | 00:31:46 | |
Welcome back to another episode of the REI Mastermind Network! In today's milestone 500th episode, our host Jack Hoss is joined by the talented Whitney Hill, as they dive deep into the world of ADUs (Accessory Dwelling Units) and the secrets to building a successful business in the real estate industry. Whitney and Mike, the founders of a renowned ADU construction company in San Diego, share their fascinating journey from different career backgrounds to specializing exclusively in detached ADU construction. They discuss how their focus on specialization propelled their brand recognition, ranking in SEO search results, and revenue growth. Our guests also shed light on the importance of careful software decision-making, sharing their experience evaluating tools like HubSpot and Pipedrive. As their company grew, they recognized the need to define roles and empower their team members to make independent decisions, contributing to increased efficiency and productivity. Moreover, Whitney and Mike reveal their secrets to building larger ADUs, achieving higher revenue with the same team, and streamlining operations through vertical integration. They discuss the crucial tools that have revolutionized their work environment, including Zoom, Builder Trend, and Asana. Tune in to this episode for invaluable insights into ADU construction, strategic growth, and the power of consistency in building a sustainable business. Don't miss out on the milestone 500th episode of REI Mastermind Network! Connect with Whitney Hill: https://snapadu.com/ Topics:
The speaker's role in thinking about techniques, software evolution, and supporting growth
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| Painless Wholesaling: Understanding Buyer Criteria for Profitable Deals with Nathan Payne | 10 Aug 2023 | 00:34:50 | |
Nathan Payne is a real estate investor who has always been resilient in the face of rejection. Having spent six years in door-to-door sales before transitioning into real estate wholesaling, Nathan developed a thick skin and learned not to take "no" personally. During his time as a missionary for his church, he also encountered numerous rejections and became even more prepared for the challenges of the real estate industry. Nathan understands that in wholesaling, where offers below market value are made, hearing "no" from potential clients is inevitable. However, he embraced this aspect and remained unfazed. Although his experience in door-to-door sales provided valuable communication skills, he discovered that some of his tactics did not effectively translate into the real estate field. In the sales world, Nathan had to close deals immediately to earn his commission, but real estate transactions require a longer process. Recognizing the need to enhance his sales skills, Nathan worked diligently to improve. Today, he boasts an impressive repertoire of sales strategies, thanks to his constant learning and adaptation within the real estate investing realm. Nathan Payne is a determined and experienced professional in the world of real estate, ready to face any challenge and make successful investments. Connect with Nathan Payne: https://investorthrive.com/ TOPICS:
LIKE • SHARE • JOIN •... | |||
| Mastering the Art of Schmoozing: Building Genuine Connections and Achieving Success with Cody Lowry | 08 Aug 2023 | 00:34:31 | |
Welcome back to another episode of the REI Mastermind Network! I'm your host, Jack Hoss, and today we have a very special guest joining us: the one and only Cody Lowry, aka the "king of Schmoozing." Get ready for an incredible conversation filled with inspiring stories, valuable insights, and practical tips on building meaningful relationships and achieving business success. In this episode, Cody shares various experiences from their life, including rubbing shoulders with the President, collecting a baseball signed by the Pope, carrying the Olympic torch, and even receiving a Super Bowl ring. But don't be fooled, Cody isn't your typical athlete or celebrity. They're an ordinary individual who believes in the power of personal connections and genuine communication. Cody's book, which has been incredibly successful, redefines the concept of "schmoozing" as a way to authentically connect with others. They emphasize the importance of reaching out to those who are less fortunate and making a positive difference in their lives. Trust us, you don't want to miss out on this fascinating conversation and the insights Cody will share. But before we dive into our interview with Cody, we'll also explore some fascinating stories from the host's own life, including a childhood of moving 32 times in just seven years and valuable lessons learned from selling newspapers. Plus, we'll discuss the pros and cons of 50/50 partnerships in business and the importance of working smart and working hard to achieve success. So, sit back, relax, and get ready to be inspired as we embark on this journey of building relationships, achieving success, and finding joy in the journey. Without further ado, let's jump right into episode 498 of the REI Mastermind Network! Connect with Cody Lowry! https://mrschmooze.com/ Topics: Cody's experiences:
Speaker's successful book:
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| How to Run Rental Property for Profit and Peace of Mind with Terrie Schauer | 03 Aug 2023 | 00:30:30 | |
Welcome back to the REI Mastermind Network! In today's episode, titled "How to Run Rental Property for Profit and Peace of Mind with Terrie Schauer," we have a special guest joining our host, Jack Hoss. Get ready to gain some valuable insights and strategies from real estate expert Terrie Schauer. Terrie believes that there isn't a one-size-fits-all answer when it comes to real estate, and she has found her niche in property management, specializing in poorly managed properties owned by older landlords. With a focus on the Montreal market, which shares similarities with New York in terms of rent control and protected tenants, Terrie explains how implementing strict rental laws and policies can greatly improve property management and remove problematic tenants. But it's not just about addressing property management. Terrie highlights the importance of cutting expenses, finding value-adds, and setting goals to increase revenue and provide value. She also shares her insights on mental training and the power of mindfulness in the real estate industry and beyond. In addition, Terrie addresses the impact of the pandemic on the industry and how it has affected tenants in low-income areas. She reflects on the government's reaction and believes that the lockdown and support measures have led to addiction and mental health problems, which will have long-term consequences. To maintain professionalism in property management, Terrie shares valuable advice on communication practices, setting boundaries, and using technology to create a seamless experience for both landlords and tenants. So get ready to dive deep into the world of property management, mindfulness, and professional communication with our insightful guest, Terrie Schauer. Let's get started with episode 497processed of the REI Mastermind Network! Connect with Terrie Schauer: mindfullandlord.comLIKE • SHARE • JOIN • REVIEW
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"You can invest 10,000 hours and become... | |||
| The Power of Creative Financing: How to Unlock Hidden Opportunities in Real Estate with Mel Dupree | 01 Aug 2023 | 00:28:58 | |
Mel Dupree is a successful real estate investor known for their ability to acquire multiple properties without using their own funds. Initially, Mel and their partner faced financial challenges after running out of money while following the traditional method of purchasing properties. However, their perspective changed when they discovered a legitimate and non-scam financing technique. Inspired by a book that transformed their mindset, Mel and their partner decided to fully commit to this new approach. In just one year, they were able to acquire an impressive 12 multifamily properties, totaling 56 apartments. This achievement was accomplished without relying on joint venture partners or their personal funds. Mel's story exemplifies their determination, resourcefulness, and ability to succeed in the real estate industry. Connect with Mel & Dave: https://www.instagram.com/investormeldave/ Key Topics: - Introduction to creative financing - Explanation of creative financing for those unfamiliar with the concept - Overcoming rejections and finding alternative solutions - Personal experience of being told by a bank that growth was not possible, but finding another way to continue buying properties - Importance of knowing who to approach and setting up creative financing deals - Success story of a student who implemented the system - Effective communication with sellers and gauging their openness to creative financing - Marketing efforts and the use of social media to find properties - Importance of networking and asking for referrals within the community - The domino effect of referrals leading to more opportunities - Starting conversations with potential lenders about owner financing - Benefits of owner financing and discussing win-win situations - Nurturing and maintaining relationships with investors who may have multiple properties - Various ways to structure deals, such as promissory notes and holding financing for the future - Encouragement to not be afraid to ask and pursue these opportunities - Educating others on the importance of taking action - Overcoming resistance from potential lenders and explaining the need for an exit strategy - Using a cash flow analysis matrix to show lenders how they will be paid back - Difficulty in finding lending institutions to make up the difference in creative financing deals - Determining the percentage that financial institutions may be willing to hold - Considerations when choosing where to invest, including proximity to the property and cash flow potential - Need for the right team, strategies, and training when investing in properties outside of one's local area - Excitement about summits and the success of a student who secured a deal with owner financing and 0% interest - "Unicorn deals" where owner financing is used instead of a financial institution - Need to look at a large number of deals to find the right opportunity - Working with investor-focused agents and finding off-market deals - Speaker's success in purchasing over 240 units in 5 different countries using these strategies - Explanation of down payment options and the rarity of fully financed deals - The importance of mindset and approach in real estate investing - Training and proper setup for new investors - Understanding that everyone's journey is different and being okay with rejection - Consideration of alternative funding sources if a deal doesn't work out - Variation in the number of properties reviewed before finding a good fit - Importance of cash flow, exit strategy, and equity strategy in each dealLIKE • SHARE • JOIN • REVIEW | |||
| Building Trust and Success: The Power of Relationships in Real Estate with John Schuchman | 27 Jul 2023 | 00:38:07 | |
Welcome to the REI Mastermind Network, where we bring you the latest insights and inspiration from successful real estate investors and entrepreneurs. In today's episode, we have the pleasure of hosting John Schuchman, a seasoned realtor and relationship-focused investor. John's journey in the real estate industry began with a background in sales and relationships, which instilled in him a deep appreciation for the freedom and imagination that comes with being an entrepreneur. Overcoming the challenges of ADHD, John found his true calling in real estate, where he discovered the power of trust and genuine connections. Throughout this episode, John shares valuable lessons learned from his own experiences, including the importance of building strong relationships with clients and tenants, the impact of social media on business growth, and the value of leaving reviews for others. He also reflects on past financial habits, the significance of budgeting, and the benefits of thinking critically before making impulsive decisions. John's openness about his personal struggles and the strategies he has implemented to overcome them is truly inspiring. From his advice to his younger self to pursue entrepreneurial endeavors at a young age to his reflections on the necessity of involving his wife in financial decisions, John's story will resonate with aspiring investors and seasoned professionals alike. So, whether you're looking to enhance your real estate business, improve your investment strategies, or simply find motivation in John's journey, sit back and join us as we explore the wisdom and insights of John Schuchman on this episode of the REI Mastermind Network. Let's dive in! Connect with John Schuchman: https://johnschuchman.com/LIKE • SHARE • JOIN • REVIEW
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"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack Mentioned in... | |||
| Mastering Your Real Estate Finances: Tax-Saving Strategies for Investors with Melanie Sikma & Byron McBroom | 25 Jul 2023 | 00:37:09 | |
Welcome back to the REI Mastermind Network! In this episode, we have a wealth of knowledge to share with you, courtesy of our incredible guest experts, Melanie Sikma and Byron McBroom. We dive right into the world of real estate finance management, discussing the benefits of using QuickBooks online and the importance of having dedicated financial accounts. Learn how these tools can simplify your financial tracking and make it easier to determine which expenses are deductible. But that's not all - we also explore the fascinating strategy of a deferred sales trust or extended escrow trust. Discover how this approach can help you navigate capital gains tax concerns when buying or selling a property. Our experts break down the process step by step and discuss the potential benefits, particularly for elderly sellers with limited income. And speaking of tax strategies, we delve into the significance of choosing the right entity for your real estate investments. Whether it's an LLC for buying and holding properties or an S corporation for flipping properties - our guests provide valuable insights on how the right entity selection can significantly impact your tax obligations. Learn how to avoid costly mistakes and potentially save up to 15% in taxes! We also tackle a range of other topics, including the importance of documenting and organizing receipts, the significance of core values in business decision-making, and the tax implications of hiring children in your business. Plus, we hear compelling stories about protecting your assets, getting second opinions on taxes, and the incredible opportunities for tax deferral through strategic real estate investments. So grab a cup of coffee and get ready to dive into another exciting episode of the REI Mastermind Network. Stay tuned for expert advice, invaluable tips, and compelling stories that will empower you on your real estate journey. Let's get started! LIKE • SHARE • JOIN • REVIEW
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| The Art of Negotiation: Understanding Personality Types and Effective Communication with Derek Dombeck | 20 Jul 2023 | 00:30:47 | |
On this episode of REI Mastermind Network, host Jack Hoss welcomes guest Derek Dombeck to discuss the pitfalls of using personal homes as leverage in real estate investments. Derek shares his own firsthand experience with negative consequences and dispels the myth of using lines of credit for house flipping or property purchases. He emphasizes the importance of understanding the personality type of the person he's negotiating with, adjusting his communication style accordingly. Derek provides valuable tips on using an elevator pitch, solving the other person's problem, and employing effective negotiation strategies. He also shares insights from his upcoming book on the lending business, co-authored with notable individuals and published by Kyle Wilson. Derek discusses the Generations of Wealth conference, which he and his friends took over and renamed, highlighting its focus on content sharing and networking. He invites listeners to attend the conference in Cancun and expand their network. Derek stresses the significance of building genuine relationships with clients, citing real-life examples of successful deals that required compassionate conversations. He delves into his involvement in short-term regional lending, offering investors a 9% return and prioritizing customer service. Derek also discusses the potential challenges and opportunities in the current market, sharing alternative methods of buying properties without relying on banks. He explains the "subject to" strategy and the risks involved, cautioning about triggering the due on sale clause in most mortgages. Overall, this episode provides invaluable insights and practical advice for navigating the real estate industry and achieving success. Connect with Derek Dombeck at https://bestreifunding.com/ Get Derek Dombeck's free ebook by sending and email to derek@bestfunding.com Topics Covered: 1. Frustration with using personal homes as leverage for real estate investments- Negative consequences of this practice- Myth of taking out lines of credit for house flipping or property purchases 2. Importance of understanding the personality type of the person being talked to in property deals- Adjusting communication style based on personality type- Using elevator pitch to set expectations and overcome objections 3. Negotiation strategies and the importance of helping others solve their problems- Asking questions, listening attentively, and avoiding cutting people off- Creative deal structuring and negotiating skills 4. The speaker's book about the lending business and potential titles- Background as a construction worker and involvement in flipping houses and rental properties- Co-ownership of successful lending company 5. Co-authoring a second book with other notable individuals and its publisher- Offering electronic versions of both books to listeners who email the speaker 6. Importance of learning negotiation strategies and focusing on building relationships- Using tactics such as recording phone calls, paying attention to tone and body language, and building rapport- Caution against manipulative use of these techniques 7. Addressing potential negatives and objections in real estate conversations- Preemptively overcoming objections and guiding towards the proposed solution- Specific examples of dealing with difficult situations and creating successful deals 8. Generations of... | |||
| Unlocking the Potential of Farmland Investment with Artem Milinchuk | 18 Jul 2023 | 00:29:29 | |
On this episode of REI Mastermind Network, our guest, Artem Milinchuk, discusses the intricacies of investing in farmland. He starts by explaining why debt is not accretive in farmland due to low interest rates and how returns in the rental model are about 6-7% net IR after fees. He then delves into the direct operated model, which offers a higher return of 9-11% with the potential for even higher returns. Milinchuk emphasizes that investing in farmland is seen as a defensive move against inflation, as farmland does not depreciate and can appreciate with proper soil care. Throughout the episode, Milinchuk provides valuable insights on selecting target markets for investment in farming. He highlights the significance of vibrant farmer markets and renting land in the United States, revealing that 140% of farmland is rented out in the US, and 98% of farms are owned by families. Renting land has been a common practice for decades, allowing farmers to create multiple revenue streams. Milinchuk explains how they focus on areas with existing vibrant ecosystems, using California's almond production as an example. Additionally, Milinchuk explores the unique aspects of farmland investing, from the long-term yields of orchards and trees to the various strategies investors can pursue. He emphasizes the importance of location and discusses the advantages of US agriculture, including excellent infrastructure for exporting products. Milinchuk also touches on their internal technology called terra, which aids in finding, analyzing, underwriting, transacting, and managing land. Furthermore, Milinchuk addresses the challenges of educating people about farmland and how it is often overshadowed by trendy investments like NFTs and Pokémon cards. He advocates for farmland as a stable and reliable asset class, comparing it to "salad" while dismissing trendy investments as "gummy bears." He shares the story of a crowdfunding deal for an apple orchard development in Vinatchi, Washington, called Galaxy Orchard, which has become the largest crowdfunding deal in the US. As the conversation progresses, Milinchuk emphasizes the importance of proper capitalization, weather considerations, and the significance of finding the right operators and tenants. He shares experiences dealing with unique tenants and highlights the importance of great partners in the direct operated model. Milinchuk concludes by emphasizing the value of hiring and retaining exceptional talent, drawing inspiration from the success of OpenAI and the power of small dedicated teams. Tune in to this episode of REI Mastermind Network to gain valuable insights into the world of farmland investing and learn from the expertise of our guest, Artem Milinchuk. Connect with Artem Milinchuk: https://farmtogether.com/LIKE • SHARE • JOIN • REVIEW
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| From Boring 9-5 to $200K in Passive Income! w/ Austin Zelen | 08 Aug 2024 | 00:43:38 | |
Join us on an inspiring journey with Austin Zelen as he shares his incredible transformation from a boring 9-5 job to generating $200K in passive income! Austin's story is a testament to the power of strategic thinking and relentless pursuit of financial freedom through entrepreneurship and real estate investing. 🌟 In this Episode, You'll Learn:
Connect with Austin Zelen! Follow Austin on Instagram to stay updated with his latest ventures and insights: [@AustinZelen](https://www.instagram.com/austinzelen) Subscribe to the PODCAST! Don't miss out on more expert interviews and insights. Subscribe to the REI Mastermind Network podcast now! SUPPORT THE SHOW! Help us continue bringing valuable content by supporting our sponsors. Check out the exclusive deals in the show notes! Join the Community Become part of a thriving community of real estate investors. Join our network to share experiences, learn, and grow together. Motivational Quote: "Success is not about the destination, but the journey and the lessons learned along the way." Call-to-Action: 🤝 If you found value in this episode, share it with your friends and fellow investors! 👍 Like and subscribe to our channel for more inspiring stories and actionable insights. 📝 Leave a review and let us know your thoughts on the episode. Unlock the secrets to building generational wealth and achieving financial freedom with Austin Zelen's incredible journey. Tune in now and transform your real estate investing game! 🏡💼 #InvestmentAdvice #BuildingEquityThroughRealEstate #FinancialSuccessStrategies #RealEstateCoaching #ExoticCarInvestments CHAPTERS: 00:00 - Intro 00:35 - Austin Zaback's Journey to Self-Made Millionaire 08:25 - Evaluating Investment Opportunities 10:55 - Key Considerations Before Investing 14:06 - The Power of Focus in Growth 16:01 - Profiting from Depreciating Assets 21:34 - Documenting Processes for Success 24:15 - Organizing Ideas: Getting It on Paper 26:20 - Benefits of Hiring a Consulting Firm 29:43 - Consulting for Equity Explained 35:00 - What Did We Miss? 35:55 - Understanding Cashflow vs Equity 36:27 - Rapid Fire Questions 38:42 - Recommended Business Books 39:18 - Time-Saving Tools for Business 39:34 - Enhancing Personal Efficiency 41:57 - Outro RealDealCRM.com RealDealCRM is your Real Estate Investing Virtual Assistant. A Real Estate Investing CRM for Real Estate Investors created by Real Estate Investors. SMS, Stealth Voicemails, Phone, Voicemail, Funnels, and AUTOMATION in a single platform! Check out more details at RealDealCRM.com LIKE • SHARE • JOIN • REVIEW | |||
| Unleashing the Power of Credit Unions: The Hidden Financing Solution for Real Estate Investors | 13 Jul 2023 | 00:27:09 | |
On this episode of REI Mastermind Network, we dive into the world of credit unions and how they can benefit real estate investors and small business owners. Our guest, Mark Ritter, shares valuable insights about how credit unions have control over their money and portfolio, offering competitive rates and friendly terms. He emphasizes that credit unions are not-for-profit financial organizations that require membership, and highlights the advantages of building a relationship with these institutions. Mark explains that credit unions prioritize expanding their membership and understanding their borrowers' financial responsibility, making them a great option for those starting out in real estate. Additionally, he discusses the importance of vetting credit unions and finding the right fit for individual needs. Mark also sheds light on the lending process, emphasizing the importance of transparency and providing necessary information such as tax returns and financial statements. He cautions against quick and easy loans, urging borrowers to take the time to find a lender that aligns with their goals and values. Lastly, Mark shares his personal experience working with credit unions and talks about the pride he takes in helping small lenders grow their portfolios. Don't miss this episode full of valuable insights and advice on navigating the world of credit unions for real estate financing. Connect with Mark Ritter at https://markritter.com/ Topics Covered: 1. Introduction to Credit Unions and their control over money and portfolio- Credit unions' ability to assess property value after rehab and stabilization- Different lending criteria of credit unions based on cost, rehab, and increased value- Offer acquisition loans and cash out values once properties are stabilized 2. Importance of Soft Money Lenders in increasing property value before working with credit unions- Consideration of current market value of properties by credit unions- Regulation and role of credit unions as financial institutions- Loan process requiring quantitative and qualitative information 3. Understanding Borrower's goals and plans as a focus for credit unions- Range of financial services offered by credit unions, not just loans- Friendly terms and no prepayment penalties for credit union loans- Flexibility in decision-making due to lending money from local deposits 4. Role and Structure of Credit Unions- Election and unpaid nature of credit union board of directors- Involvement in the community through running for the board of directors- Accessibility and community involvement of credit union management 5. Benefits of Credit Unions for Real Estate Investors and Small Business Owners- Desire for better relationships with financial institutions and being known by those in charge- Credit unions as a preferred option and their non-profit, cooperative nature- Overview of credit union services such as auto loans, ATMs, and drive-throughs 6. Overlooking credit unions as a financing source for real estate investors- Highlighting competitive rates, friendly terms, and conversational loan processes- Membership requirement for credit unions and their expansion beyond limited groups- Credit unions as a good option for starting out in the real estate business 7. Better understanding and approval of credit union loans for members- Prioritization of membership expansion by credit unions- Vetting credit unions through website research for business and lending services- Asking about relationships and fit with credit... | |||
| Overcoming Fears and Succeeding in Real Estate: The Path to Asking Questions and Developing Relationships with Jake Wiley | 11 Jul 2023 | 00:38:10 | |
On this episode of REI Mastermind Network, host Jack Hoss sits down with guest Jake Wiley to discuss the importance of understanding who you're working with in syndications. The episode starts off by highlighting the crucial role that communication and individual attention play in successful investments. Wiley emphasizes that syndicators who have grown large may not always be accessible or responsive, so it's essential to find syndicators who prioritize investor involvement and are willing to answer questions. The conversation then shifts to the significance of asking questions before investing. Both guests stress that asking questions not only reduces risk for investors but also shows that they are engaged and proactive. They recommend face-to-face interaction over email or virtual communication, as it allows for a deeper understanding of the investment and builds trust between investors and syndicators. Wiley shares his recommendation of using the Feedly tool to aggregate news sources and stay informed about the real estate market. He believes that staying informed through this tool can make individuals more confident and less susceptible to hype or misinformation. The episode dives into the importance of mindset in real estate investing. Wiley and Hoss discuss the benefits of networking and building relationships with the right people, which can help investors progress faster and achieve economies of scale. They encourage listeners to overcome their fears, start asking questions, and develop relationships to succeed in real estate investing. Wiley reflects on his own experience, wishing he had learned about multifamily investments sooner. He explains that multifamily investments are achievable sooner than people realize, especially when working with a skilled operator who can make the investment more passive and yield similar returns. The episode concludes with Wiley providing one piece of advice that listeners can implement today: take the time to understand who you are working with and what they're doing. He emphasizes the importance of not blindly investing in someone based on their story or marketing, but rather thoroughly researching and evaluating potential partners. Wiley also highlights the role of assumptions in investment models, particularly in commercial properties, and the importance of understanding how these assumptions are modeled and whether cap rates are expected to go up or down. Throughout the episode, Wiley shares personal stories and experiences, including a cautionary tale about a government program in New Orleans that provided guaranteed rental income for landlords. He shares the challenges he and his wife faced when the program unexpectedly ended, leaving them responsible for collecting rent from tenants who couldn't afford it. This story serves as a reminder to fully understand the terms and incentives of a deal before investing and to not get caught up in hype or time-limited opportunities. Overall, this episode provides valuable insights into the importance of understanding who you're working with in syndications, asking questions, and staying informed about the real estate market. It emphasizes the need for patience, caution, and thorough research when investing, while also highlighting the potential opportunities available in the current market dynamics. Connect with Jake Wiley: https://www.thelimitedpartner.com/LIKE • SHARE • JOIN • REVIEW | |||
| Investing in Real Estate: Meeting the 1 Percent Rule and Capitalizing on Unique Markets with Alexander Cruz | 06 Jul 2023 | 00:29:17 | |
On this episode of REI Mastermind Network, our host, Jack Hoss, is joined by special guest, Alexander Cruz. They dive into the world of real estate investments and property management. First, they discuss the 1 percent rule for real estate investments and how it has been disregarded in certain markets. Alexander shares his experience with his own property, which is close to meeting the rule. He also describes his local market as unique and relatively affordable compared to coastal cities, attracting interest from both locals and out-of-town investors. The conversation then shifts to the importance of technology in property management. Alexander explains how his team uses a software called Asana for task management and organization. They have created templates in Asana to track the progress of each individual job and keep track of various details. Asana serves as a database to store information about utilities, paint color, and other project elements. Alexander emphasizes how Asana has been a game changer for his team. Next, they explore the challenges and rewards of property management. Alexander shares that his company has an internal property management team of over 10 people and has been managing rentals in Baltimore for over 7 years. They currently manage over 430 properties. They discuss the importance of property condition and location, as well as the screening process for tenants. Alexander also emphasizes the need for good communication with property owners and being responsive to their needs. The conversation then shifts to the potential of real estate investments to change lives. Alexander believes that investing in real estate can be life-changing and shares stories of investors from various age ranges, including a 19-year-old who is considered ahead of the curve and retired individuals seeking to diversify their investments. He also highlights the importance of having a champion warrior mindset, drawing inspiration from Tim Grover, who has trained and worked with athletes like Michael Jordan. Throughout the episode, Alexander shares personal stories and lessons learned from his own experiences in real estate investing. He emphasizes the importance of staying in one's lane, understanding property management agreements, and not overthinking the investment process. He also presents his own product, a renovated brick townhome that provides a stable product with low maintenance. The cost for a fully renovated house is around $200,000, and Alexander offers to place and manage the property on behalf of investors. Tune in to this episode of REI Mastermind Network to learn more about real estate investments, property management, and the potential for life-changing opportunities in the market. Connect with Alexander Cruz: https://crofmaryland.com/LIKE • SHARE • JOIN • REVIEW
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| Building Frame Cabins: Costs, Profits, and Expansion Strategies in Short-Term Rentals with Alex Jarbo | 04 Jul 2023 | 00:25:48 | |
Alex Jarbo is a former military serviceman who served in the Marine Corps for 4 and a half years. With a year left on his enlistment, Alex decided not to reenlist and instead pursued a deep interest in various asset classes. He delved into stocks, crypto, businesses, mergers and acquisitions, but it was real estate that captured his attention due to the control it offered, particularly in terms of forced appreciation. Initially attracted to flipping houses, Alex joined a flipping mentorship program. However, during a call with the mentor in 2015, he discovered that the mentor's long-term wealth was tied to short-term rentals. Intrigued and fascinated, Alex decided to invest in short-term rentals himself. With the mentor's guidance, he learned how to choose a suitable market and what factors contribute to a successful short-term rental. Upon completing his military service, Alex relocated to Asheville, North Carolina. He obtained his real estate license and began searching for a short-term rental property to purchase. However, he encountered limited options within his price range that would have performed well as short-term rentals. Undeterred, Alex made the decision to build his first real estate investment – an 800 square foot A-frame property that he still owns today. This initial venture paved the way for further developments, turning 1 property into 2, and eventually growing to over $10 million in real estate with the help of investor capital. Moving forward, Alex has ambitious plans to triple his real estate investments in the coming year, continuing to leverage his expertise and passion for the industry. Connect with Alex Jarbo at https://www.alexjarbo.comLIKE • SHARE • JOIN • REVIEW
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"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack Mentioned in this episode: RealDealCast RealDealCast Links: YouTube: https://www.youtube.com/@RealDealCast... | |||
| From Startup Losses to Real Estate Wins: A Journey of Resilience with Dan from ResilientREI | 29 Jun 2023 | 00:33:44 | |
On this episode of REI Mastermind Network, our guest, ResilientREI, shares their journey into real estate investing. They discuss their early experiences with purchasing properties and the lessons they've learned along the way. They provide recommendations for books and resources that helped them in their investment journey, and they emphasize the importance of having an exit plan before purchasing a property. ResilientREI also shares their positive experience with investing in unique townhouse condos and explains how they have been able to generate cash flow through these properties. They also dive into the creation of their platform, So Resilient REI, and their goal of eventually doing a full-time podcast to help syndicate deals for their audience. They highlight the importance of building a team and properly budgeting for property expenses to accurately evaluate the return on investment. Additionally, ResilientREI discusses their experience with finding a great property manager in Milwaukee and the benefits of owning rental properties. They touch on market uncertainty and provide advice on the types of investments to focus on. The episode concludes with ResilientREI reflecting on their initial struggles in the real estate industry and how those experiences ultimately led them to success in building their investment portfolio. Tune in to this episode of REI Mastermind Network to gain insights and inspiration for your own real estate investment journey. Connect with ResilientREI: https://resilientrei.bio.link/LIKE • SHARE • JOIN • REVIEW
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"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack Mentioned in this episode: RealDealCast RealDealCast Links: YouTube: https://www.youtube.com/@RealDealCast Podcast: Look for RealDealCast | |||
| Understanding the Investment Potential of Your Home with David Friedman | 27 Jun 2023 | 00:28:53 | |
David Friedman is the founder of Knox, a platform that helps customers buy their new home while ensuring their old house remains a reliable long-term investment. The company provides a product called "Keep Loan" which offers access to equity in one's home in the form of cash. They help customers find a mortgage for their new home and also sign a master and sublease for the old house to offset any income issues. Knox takes over the operations of the investment by finding tenants, property management, rent collection, and providing insurance. David believes that keeping one's old home is one of the best investing opportunities, and he has made it easy for customers to achieve it. Connect with David Friedman: https://www.linkedin.com/company/knoxfinancial/LIKE • SHARE • JOIN • REVIEW
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"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack Mentioned in this episode: RealDealCast RealDealCast Links: YouTube: https://www.youtube.com/@RealDealCast Podcast: Look for RealDealCast | |||
| Navigating Real Estate Lending in a Volatile Economy with Edward Brown | 22 Jun 2023 | 00:40:00 | |
Edward Brown is a financial consulting and tax work expert who started his business in 1983. He got into the hard money loan space in the early 1990s and has seen multiple cycles. His best time was during the SNL crisis in the early 90s, when he used to say it was like shooting fish in a barrel. He specializes in the owner occupied consumer bridge loan. He believes it's a challenging loan to provide because of the expensive barrier of entry to be a lender. Despite this, Edward's business, Private Money, has become one of the few licensed lenders in California to provide this loan. They cross-collateralize existing properties with target properties, so their borrowers don't have to move twice. Edward predicts that they will be the number one private lender in the United States for doing owner occupied consumer bridge loans, and they'll probably do close to a billion dollars in transactions this year. Connect with Edward Brown: https://www.pacificprivatemoney.com/LIKE • SHARE • JOIN • REVIEW
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"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack Mentioned in this episode: RealDealCast RealDealCast Links: YouTube: https://www.youtube.com/@RealDealCast Podcast: Look for RealDealCast | |||
| Navigating Insurance Claims: How Public Adjusters Can Help Homeowners with Andy Gurczak | 20 Jun 2023 | 00:24:37 | |
Andy Gurczak is a licensed public adjuster who works tirelessly to maximize insurance claim settlements for his clients. As a public adjusting company, they represent the insured, not the insurance company, providing a fresh perspective in negotiations and a strong advocate for policyholders. With a deep understanding of insurance policy language and interpretation, Andy works directly with insurance companies to settle claims quickly and obtain the highest possible settlement amounts for his clients. His dedication to delivering top-notch results has earned him a reputation as a knowledgeable and trustworthy advocate for those navigating the insurance claims process. Connect with Andy Gurczak: https://www.allcityadjusting.com/LIKE • SHARE • JOIN • REVIEW
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"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack Mentioned in this episode: RealDealCast RealDealCast Links: YouTube: https://www.youtube.com/@RealDealCast Podcast: Look for RealDealCast | |||
| Unlocking Wealth: The Power of Trust in Tax and Legal Experts with Brett Swarts | 15 Jun 2023 | 00:30:58 | |
Brett Swarts is an expert in solving the tax problem faced by high net worth individuals. He does this using a deferred sales trust, a tool that allows individuals to defer tax in the same way as a 1031 exchange or IRA. With this trust, investors can diversify their investments and purchase different types of assets at the right time. The trust is established using a business trust coupled with a tax code called IRC 453. Once in the trust, individuals can defer tax on primary homes, businesses, cryptocurrencies, investments, and real estate deals worth over a million dollars. Brett's expertise is in creating these delayed tax trusts for his clients and helping them invest their funds wisely. Connect with Brett Swarts: https://capitalgainstaxsolutions.com/LIKE • SHARE • JOIN • REVIEW
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"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack Mentioned in this episode: RealDealCast RealDealCast Links: YouTube: https://www.youtube.com/@RealDealCast Podcast: Look for RealDealCast | |||
| From Crisis to Control: Owning the Debt and Becoming the Bank in Real Estate Deals with Robert Napolitano | 13 Jun 2023 | 00:40:46 | |
Robert Napolitano is a real estate expert with over 22 years of experience in real estate investing and mortgage banking. He experienced personal bankruptcy during the subprime crisis of 2008-2009 and went to law school to become a paralegal to prepare for the crisis. He trained attorneys on mortgage-backed securities and became an expert witness for foreclosure defense. He discovered flaws in the banking system and founded a fund to buy loans from banks, eventually becoming the bank in real estate deals and allowing investors to participate. His goal is to help homeowners stay in their homes and create wealth for investors in the face of inflation and poor leadership. Connect with Robert Napolitano: https://www.gritrust.com/ Email for Free Book! brilliant@capturingtomorrow.comLIKE • SHARE • JOIN • REVIEW
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"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack Mentioned in this episode: RealDealCast RealDealCast Links: YouTube: https://www.youtube.com/@RealDealCast Podcast: Look for RealDealCast | |||
| Darcy Marler’s Secret to Successful Land Development | 05 Aug 2024 | 00:32:46 | |
Unlock the secrets to successful land development with Darcy Marler! In this episode, Darcy shares his incredible journey from a tech career to becoming a pioneering real estate developer. Learn how Darcy transformed his passion for real estate into a thriving business and discover the innovative strategies he uses to turn ordinary lots into profitable investments. 🎯 Key Takeaways:
Connect with Darcy Marler! 👉 Visit [DarcyMar.com](https://darcyMar.com) to learn more about his team and how they can help you achieve real estate investing success. Subscribe to the PODCAST! 📢 Don't miss out on more expert insights from leading real estate investors. Hit the subscribe button and join the REI Mastermind Network for the latest episodes. SUPPORT THE SHOW! 💪 Help us continue bringing valuable content by liking, sharing, and leaving a review. Your support enables us to keep providing top-notch real estate investing advice to help you build generational wealth. Join the RealDealCrew Community 🏡 Connect with like-minded investors and get exclusive tips and resources. Join our community today and take your investment portfolio to new heights. Get Darcy’s Offer 🎁 Discover how you can benefit from Darcy’s expertise in land development and strategic investment. Head over to DarcyMar.com now! 🔑 Keywords: Real estate investing, Section 8, multifamily assets, real estate investor, investment portfolio, REI Mastermind Network, real estate investment strategy, generational wealth "Success in real estate investing is about thinking like an investor, leveraging creative strategies, and building a team that shares your vision." - Darcy Marler Subscribe, share, and support the show to continue your journey toward real estate mastery! #BuildingPermits #DarcyMarler #PropertyZoning #RealEstateProfitStrategies #RealEstateMarket CHAPTERS: 00:00 - Intro 00:21 - Darcy’s Story 02:02 - Micro Strategies in Land Development 04:09 - Getting Started in Real Estate 06:44 - Darcy’s Market Insights 08:04 - Initial Investment for Land Development 10:19 - Project Timelines: Shortest and Longest 12:50 - Navigating the Permitting Process 13:40 - Adding Value to Properties 17:41 - Like, Share, and Subscribe 18:07 - Success Stories from Students 19:40 - Tailoring Strategies to Your Personality 21:00 - Achieving Passive Income Without Rentals 22:00 - Team Development Timeframe 25:00 - Unique Opportunities with Darcy 27:15 - Contact Darcy at DarcyMar.com 28:25 - Rapid Fire Q&A 31:10 - Outro RealDealCRM.com RealDealCRM is your Real Estate Investing Virtual Assistant. A Real Estate Investing CRM for Real Estate Investors created by Real Estate Investors. SMS, Stealth Voicemails, Phone, Voicemail, Funnels, and AUTOMATION in a single platform! Check out more details at RealDealCRM.com LIKE • SHARE • JOIN • REVIEW | |||
| The Importance of Examining a Seller's Profit and Loss Statement in Detail with Michael Coffee | 08 Jun 2023 | 00:29:29 | |
Michael Coffee has been in the commercial real estate industry for 22 years, starting with a small brokerage that did both residential and commercial real estate. He began in residential then moved to commercial as an analyst, packaging loans and coordinating with various parties to ensure a successful close. After this, he moved into an origination role where he was able to use his experience to find deals and avoid issues that often arise. Michael then joined Stacksource and has successfully used their tech platform to find the broadest range of capital sources for his clients. Connect with Michael Coffee! https://www.stacksource.com/LIKE • SHARE • JOIN • REVIEW
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"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack Mentioned in this episode: RealDealCast RealDealCast Links: YouTube: https://www.youtube.com/@RealDealCast Podcast: Look for RealDealCast | |||
| The Unique Concept of Self-Banking with Cash Value Life Insurance with Sarry Ibrahim | 06 Jun 2023 | 00:34:28 | |
Sarry Ibrahim is a financial planner and insurance services provider who discovered a unique concept in financial planning through reading books on Amazon. He read "The Bank on Yourself Revolution" by Pamela Yellen, which introduced him to the strategy of using cash value, whole life insurance to become your own source of financing. This led him to "Becoming Your Own Banker" by Nelson Nash, which solidified his understanding of the concept. Ibrahim believes this strategy can be used for real estate investing, businesses, stocks, and more. He emphasizes the importance of finding the right advisor who has the knowledge and experience to design the policy in a special way. Connect with Sarry Ibrahim! https://thinkinglikeabank.com/LIKE • SHARE • JOIN • REVIEW
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"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack Mentioned in this episode: RealDealCast RealDealCast Links: YouTube: https://www.youtube.com/@RealDealCast Podcast: Look for RealDealCast | |||
| Real Estate Investing Meets Cryptocurrency: The Ultimate Guide with Josh Rhodes | 01 Jun 2023 | 00:35:20 | |
Josh Rhodes is a real estate investor who fell in love with the asset class of real estate and passive income after reading Robert Kiyosaki's book. He started doing flips and survived through the 2008 financial crisis. His deeper exploration into the real estate industry led him to understand that wealth comes from owning assets, not just making money. In 2017, he stumbled upon crypto through social media and invested in bitcoin and ethereum. As he researched and learned more, he fell in love with the sixth emerging asset class and increased his portfolio exposure to it. Now, he is a crypto educator and enthusiast. Connect with Josh Rhodes! https://www.cryptoyall.com/LIKE • SHARE • JOIN • REVIEW
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"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack Mentioned in this episode: RealDealCast RealDealCast Links: YouTube: https://www.youtube.com/@RealDealCast Podcast: Look for RealDealCast | |||
| The Power of Shifting Mindset to Enhance Real Estate Investing with Saket Jain | 30 May 2023 | 00:36:43 | |
Saket Jain was just another regular nine to five guy until he got laid off in 2016. He decided to take control of his financial situation and ventured into real estate, generating passive income for himself. This soon turned into a passion for finding ways to save on taxes. Currently employed at Airbnb, Saket used his strategies to offset some of his taxes through RSUs when the company went public. Now, he's moved from simply taking control of his financial wellbeing to offering financial independence to others. Saket hopes his journey will inspire others to take their own path towards financial success. Connect with Saket Jain! https://impactwealthbuilders.com/LIKE • SHARE • JOIN • REVIEW
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"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack Mentioned in this episode: RealDealCast RealDealCast Links: YouTube: https://www.youtube.com/@RealDealCast Podcast: Look for RealDealCast | |||
| Disrupting Senior Care: A Chat with Brandon Schwab | 25 May 2023 | 00:44:07 | |
Brandon Schwab's personal experience with his grandfather's care in a nursing home sparked his interest in the senior care industry. He witnessed firsthand how poorly the elderly are treated in such facilities and was determined to make a difference. Years later, he discovered a small home in Florida that provided exceptional care for its residents. Moved by this experience, Brandon decided to open his own facility and dedicate his life to providing quality care for the elderly. His mission is to change the industry for the better and ensure that seniors receive the respect and care they deserve. Connect with Brandon Schwab: https://boutiqueseniorlivingfund.com/LIKE • SHARE • JOIN • REVIEW
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"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack Mentioned in this episode: RealDealCast RealDealCast Links: YouTube: https://www.youtube.com/@RealDealCast Podcast: Look for RealDealCast | |||
| Partnering with Competitors: How Changing Your Mindset Can Elevate Your Business with Dean Rogers | 23 May 2023 | 00:45:56 | |
We sit down with a former NFL player, Dean Rogers, turned real estate investor to discuss the importance of discipline and networking. The speaker shares how surrounding oneself with people who have a big mindset, invest in themselves, and push limits can fast track growth and open doors. They also discuss making difficult decisions regarding career and health, and the role nutrition plays in their life. Additionally, Dean shares his experiences with direct-to-seller marketing, building meaningful relationships with others, and how one mistake led them to emphasize value and help others. Join us as we discover Dean's unique "Friends with Benefits" branding concept and how their business grew into a known market presence. Connect with Dean Rogers! https://deanrogers.com/LIKE • SHARE • JOIN • REVIEW
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"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack Mentioned in this episode: RealDealCast RealDealCast Links: YouTube: https://www.youtube.com/@RealDealCast Podcast: Look for RealDealCast | |||
| Matching Lifestyle and Diet: The Key to Long-Term Success with Josh Whalen | 18 May 2023 | 00:33:51 | |
Josh Whalen is a successful real estate investor who has focused on the residential side for many years. He has owned about 15 homes over the course of his career, but recently shifted his portfolio due to the potential for a real estate market storm. Whalen has started to pivot towards the Aspen market and is also involved in larger commercial developments. He has recently gone under contract on a massive remodel in the Green Hills area of Nashville. Despite the recent changes, Whalen plans to remain invested in real estate as it has treated him well and brought him good fortune. Connect with Josh Whalen! https://blokes.co/LIKE • SHARE • JOIN • REVIEW
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"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack Mentioned in this episode: RealDealCast RealDealCast Links: YouTube: https://www.youtube.com/@RealDealCast Podcast: Look for RealDealCast | |||
| From Fourplex to 16 Unit Building: A 1031 Exchange Success Story with Jason Lee | 16 May 2023 | 00:33:51 | |
Jason Lee is a young and successful entrepreneur who started his career in real estate at the age of 20. While studying at San Diego State University, Jason networked and joined different groups on campus, eventually landing a job with a small multifamily firm. Mentored by Brian and his partner, Jason learned the business quickly and obtained his license before graduating college. With a few deals already under his belt, Jason had a nest egg to fall back on, enabling him to continue growing his business when COVID hit. In the last three years, Jason's business has exploded, with over 200 million in sales and 120 transactions. Jason's determination and hard work have paid off, making him a rising star in the real estate industry. Connect with Jason Lee! https://jlmrealestateinc.com/Free-product/LIKE • SHARE • JOIN • REVIEW
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"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack Mentioned in this episode: RealDealCast RealDealCast Links: YouTube: https://www.youtube.com/@RealDealCast Podcast: Look for RealDealCast | |||
| The Profit-First Mindset: Learning to Simplify and Prioritize Your Finances with David Richter | 11 May 2023 | 00:35:25 | |
David Richter is a seasoned professional who is helping people implement the Profit First methodology in their businesses. He has been working with a variety of clients, and many success stories have emerged. One client was able to fund their company for six months, pay themselves, cover the operating costs, and even fully fund their giving account. Another client was saved from the stress of managing taxes by the tax account David helped them set up. David's system is not just a financial hack - it's a way of thinking that promotes clarity, good habits, and wealth building for the long term. The stories of success from his clients continue to pour in, proving that his system is truly transformative. Connect with David Richter: https://simplecfo.com/LIKE • SHARE • JOIN • REVIEW
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"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack Mentioned in this episode: RealDealCast RealDealCast Links: YouTube: https://www.youtube.com/@RealDealCast Podcast: Look for RealDealCast | |||
| From Cardiology to Real Estate: A Journey to Financial and Personal Freedom with Vikram Raya | 09 May 2023 | 00:38:56 | |
Vikram Raya is a multifaceted individual whose journey began with a passion for medicine. As a practicing cardiologist, he soon realized that financial freedom, multiple streams of income, and free time were lacking in his profession. He ventured into real estate investing, starting with single-family homes and eventually settling on multifamily investing, all while running a successful reversal cardiology institute in Virginia. During the pandemic, he focused on coaching and mentoring physicians across the country and leveraging opportunities in multifamily investing, which led to a quadrupled portfolio in one year. He also converted his clinic to a virtual one, which continues to operate. Through his story, Vikram demonstrates the importance of exploring other avenues while pursuing one's passions and the potential for success in multiple areas. Connect with Vikram Raya! https://www.vikingcapllc.com/LIKE • SHARE • JOIN • REVIEW
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"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack Mentioned in this episode: RealDealCast RealDealCast Links: YouTube: https://www.youtube.com/@RealDealCast Podcast: Look for RealDealCast | |||
| Avoid My $60K Real Estate Disaster! w/ Buddy Rushing | 01 Aug 2024 | 00:49:00 | |
Join Buddy Rushing, a seasoned real estate investor, as he shares his gripping journey through a $60K real estate disaster and how he turned it into a triumph! From his humble beginnings in East Tennessee to serving as a Marine Corps combat engineer, Buddy's story is one of resilience, strategic renovations, and building generational wealth. In this episode, you'll discover:
Connect with Buddy Rushing! Find Buddy on all socials: LinkedIn, Facebook, Instagram, Twitter. Subscribe to the PODCAST! Don't miss out on more inspiring stories and expert advice on real estate investing. Subscribe, like, and review the REI Mastermind Network podcast. SUPPORT THE SHOW! Get exclusive offers and join the community of savvy real estate investors. Take action and build your investment portfolio with strategic insights from industry leaders. "Action, backed by knowledge and a strong network, is the key to real estate success." – Buddy Rushing Whether you're a seasoned real estate investor or just starting, this episode is packed with actionable insights to help you navigate the ups and downs of real estate investing. Subscribe, share, and take the next step in your real estate journey with REI Mastermind Network! #RealEstateMarket #PropertyManagementTips #RealEstateJourney #InvestingInRealEstate #RealEstateLessons CHAPTERS: 00:00 - Intro 02:40 - Buddy's First Real Estate Investment 06:50 - The Power of Time in Real Estate Investing 10:37 - Lessons from the Marines in Real Estate 17:01 - White Feather Community: Helping Veterans 22:46 - Joining the White Feather Community 24:50 - Discovering Your WHY 29:17 - Reasons to Choose White Feather 30:35 - Why Are You In Your Car? 33:02 - Maintaining a Positive Mindset 38:36 - Thoughts on Politics and Business 43:17 - Topics We Missed Discussing 43:46 - Overcoming Self-Deception 44:50 - Recommended Books for Growth 45:13 - Advice for Your Younger Self 46:15 - Impactful Experiences in Business 47:29 - Outro RealDealCRM.com RealDealCRM is your Real Estate Investing Virtual Assistant. A Real Estate Investing CRM for Real Estate Investors created by Real Estate Investors. SMS, Stealth Voicemails, Phone, Voicemail, Funnels, and AUTOMATION in a single platform! Check out more details at RealDealCRM.com LIKE • SHARE • JOIN • REVIEW | |||
| Maximizing Equity in Your Property: Insights from a Seasoned House Flipper with Tyrus Gross | 04 May 2023 | 00:35:47 | |
Tyrus Gross is a seasoned real estate investor based in Austin, Texas with over 30 years of experience. He initially struggled with house flipping, listening to various gurus and wasting several years of his time trying to find deals through methods like door knocking and foreclosure lists. It wasn't until he stumbled upon the Los Angeles Real Estate Investors Club that he discovered the power of wholesale deals and building a network of wholesalers and private lenders. Today, Tyrus has successfully built up a nationwide network that allows him to purchase wholesale deals and continue his success in the real estate industry. Connect with Tyrus Gross at https://www.facebook.com/groups/GetTheDealsNowLIKE • SHARE • JOIN • REVIEW
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"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack Mentioned in this episode: RealDealCast RealDealCast Links: YouTube: https://www.youtube.com/@RealDealCast Podcast: Look for RealDealCast | |||
| Streamlining Investor Relations with Groundbreaker with Jake Marmulstein | 02 May 2023 | 00:32:49 | |
On this episode of REI Mastermind Network, we speak with Jake Marmulstein, the founder of Groundbreaker, who shares his personal story of pushing outside his comfort zone and taking risks in tech and entrepreneurship. He explains how his experience in real estate domain expertise led him to identify a problem, and how he built Groundbreaker software to streamline and automate the administrative tasks involved in real estate investment. Our guest discusses the importance of finding the right type of investors, while also emphasizing the significance of being SEC compliant in fundraising. He also explains how the software creates a central place for investors, making it easier and much more efficient. Lastly, we look into why some sponsors leave out information about the projected versus actual returns of deals and how investors can educate themselves further about return structures. Connect with Jake Marmulstein! https://www.groundbreaker.co/LIKE • SHARE • JOIN • REVIEW
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"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack Mentioned in this episode: RealDealCast RealDealCast Links: YouTube: https://www.youtube.com/@RealDealCast Podcast: Look for RealDealCast | |||
| Navigating the PPM: How to Protect Investors and Issuers Alike with Nic McGrue | 27 Apr 2023 | 00:34:36 | |
On this episode of REI Mastermind Network, we dive into the world of real estate investing and the legal work required to succeed. Our guest, Nic McGrue from Polymathlegal.com, shares his expertise on syndication, a key element in scaling investments. We discuss the PPM, private placement memorandum, and its importance in disclosing potential risks to investors. We also cover loan documents and the creation of entities like LLCs for property acquisition. It's important to have a good relationship with the lawyer you hire, and we offer tips on how to find the right one. We explore the Howie test and exemptions when selling securities, and discuss building an investor network for funding real estate projects. Join us for a fascinating conversation on the legal side of real estate investing. Connect with Nic McGrue! https://polymathlegal.com/LIKE • SHARE • JOIN • REVIEW
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"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack Mentioned in this episode: RealDealCast RealDealCast Links: YouTube: https://www.youtube.com/@RealDealCast Podcast: Look for RealDealCast | |||