5 Hour Real Estate Week

If you're a landlord or property owner looking to increase your rental income, this is a must-listen episode! Dive into the first part of this new series about a must-have tool that can improve your rental revenue and profit.   Key takeaways to listen for  A must-have tool for real estate investors Benefits of having an effective and interactive website Ways to efficiently save tenancy application records Highly recommended websites to market your deals online   Resources mentioned in this episode Carrot website Paintedladyinc.com Landmark Real Estate Stanley Housing   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here.    Follow Mike on Social Media Website: Mike Butler Real Estate Podcast: 5 Hour Real Estate Week Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

In today's episode, we're wrapping up our six-part series with Eric Shadowens, CPA, as he continues to impart his knowledge on effective tax planning, tax deadlines, and more! So press play if you want to gain maximized profits in your business today.   Key takeaways to listen for  Tax due dates every investor should remember Why you need to work closely with your tax advisor Guidelines for choosing the right tax advisor for your business Importance of using accounting software and knowing your numbers Roth IRA vs. traditional IRA: What they are and which one is right for you   Resources mentioned in this episode Investor Books Pro System Tax Free Profit & Income For Life TAX UPDATE for Real Estate Investors with Eric Shadowens, CPA | Part 1, Part 2, Part 3, Part 4, and Part 5 Make your Tuesdays meaningful and sign up for Mike's FREE real estate investor training by visiting www.mikebutler.com   About Eric Shadowens, CPA Eric has over 20 years of experience practicing public accounting in Louisville. He is most interested in working with professionals in the Louisville, Kentucky, Indiana, Ohio, and Tennessee real estate industries. He has worked with real estate agents, residential rental property owners, and large $150 million commercial real estate businesses throughout his career.  In addition, he has an interest in personal real estate investing. Eric earned a Bachelor of Science in Accounting from the University of Louisville School of Business and is licensed to practice as a CPA.  Eric is currently a board member, and Treasurer of the Bluegrass Golf Foundation and Ambassador of Greater Louisville Inc. Eric is a past member of the Board of Directors of the Chamber of St. Matthews, where he served as the Treasurer for two years.   Connect with Eric LinkedIn: Eric Shadowens CPA Email: eshadowens@dmlo.com Phone: 502-326-2319   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here.    Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Do you check on your strategies for making the most of your real estate assets? Consider adding tax-saving tactics to your list as Eric Shadowens CPA explains his unique system of understanding taxing brackets with different business entities. Catapult your profit and hop into the conversation!    Key takeaways to listen for Limited Liability Companies: What they are and how they impact your real estate business The importance of operating agreements in an LLC Pros and cons of being taxed as an S corporation Why a C corporation might be beneficial to today's investors How to know if a C corporation is the right entity type for you   Resources mentioned in this episode Make your Tuesdays meaningful and sign up for Mike's FREE real estate investor training by visiting www.mikebutler.com. TAX UPDATE for Real Estate Investors with Eric Shadowens, CPA | Part 1, Part 2, Part 3, and Part 4   About Eric Shadowens, CPA Eric has over 20 years of experience practicing public accounting in Louisville. He is most interested in working with professionals in the Louisville, Kentucky, Indiana, Ohio, and Tennessee real estate industries. He has worked with real estate agents, residential rental property owners, and large $150 million commercial real estate businesses throughout his career.  In addition, he has an interest in personal real estate investing. Eric earned a Bachelor of Science in Accounting from the University of Louisville School of Business and is licensed to practice as a CPA.  Eric is currently a board member, and Treasurer of the Bluegrass Golf Foundation and Ambassador of Greater Louisville Inc. Eric is a past member of the Board of Directors of the Chamber of St. Matthews, where he served as the Treasurer for two years.   Connect with Eric LinkedIn: Eric Shadowens CPA Email: eshadowens@dmlo.com Phone: 502-326-2319   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here.    Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Tap into the wisdom and expertise of Eric Shadowens, CPA, in the fourth part of this series as he discusses rental property tax rules and other essential information you need to know to minimize your taxable income. Keep upgrading your real estate knowledge by tuning in!   Key takeaways to listen for  Tax differences between short-term and long-term rentals Easiest ways to cut your losses in real estate How to maximize the tax benefits from your short-term rental property Disadvantages of hiring a property manager for your properties  How many days can you use your rental property for personal purposes?   Resources mentioned in this episode The Home Depot MileIQ TAX UPDATE for Real Estate Investors with Eric Shadowens, CPA | Part 1, Part 2, and Part 3 KBKG BiggerPockets Real Estate Investing Forums Ep1: Things You Can Do Right Now… Most Are FREE - Course 1/9 Ep2: Identifying Resources for FAST Cash - Course 2/9 Ep3: EXIT STRATEGY - Must know BEFORE You Make Your Offer - Course 3/9 Ep4: Run Your Numbers - Course 4/9 Ep5: Mike Butler's Investor Pledge - Course 5/9 Ep6: What Type of Investment Property Do You Want to Buy/Hold - Course 6/9 Ep7: You MUST Have PROVEN, Efficient Systems - Course 7/9 Ep8: EDUCATION - Course 8/9 Ep9: MARKETING - Course 9/9 Ep10: 41% of Deals From Follow-Up   About Eric Shadowens, CPA Eric has over 20 years of experience practicing public accounting in Louisville. He is most interested in working with professionals in the Louisville, Kentucky, Indiana, Ohio, and Tennessee real estate industries. He has worked with real estate agents, residential rental property owners, and large $150 million commercial real estate businesses throughout his career.  In addition, he has an interest in personal real estate investing. Eric earned a Bachelor of Science in Accounting from the University of Louisville School of Business and is licensed to practice as a CPA.  Eric is currently a board member, and Treasurer of the Bluegrass Golf Foundation and Ambassador of Greater Louisville Inc. Eric is a past member of the Board of Directors of the Chamber of St. Matthews, where he served as the Treasurer for two years.   Connect with Eric LinkedIn: Eric Shadowens CPA Email: eshadowens@dmlo.com Phone: 502-326-2319   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here.    Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Catch your next profitable opportunity in the third part of this series with Eric Shadowens, CPA. Learn sharp tactics to help you make the most of your assets. So if you want to maximize the advantages of selling your property, this is the episode for you.   Key takeaways to listen for  The power of using 1031 exchange to defer your capital gains tax 4 types of 1031 exchanges you need to know and why Different ways to apply a 1031 exchange in a fix-and-flip home The Augusta Exemption: What it is and how to leverage it for your business   Resources mentioned in this episode Make your Tuesdays meaningful and sign up for Mike's FREE real estate investor training by visiting www.mikebutler.com TAX UPDATE for Real Estate Investors with Eric Shadowens, CPA | Part 1 and Part 2 Ep1: Things You Can Do Right Now… Most Are FREE - Course 1/9 Ep2: Identifying Resources for FAST Cash - Course 2/9 Ep3: EXIT STRATEGY - Must know BEFORE You Make Your Offer - Course 3/9 Ep4: Run Your Numbers - Course 4/9 Ep5: Mike Butler's Investor Pledge - Course 5/9 Ep6: What Type of Investment Property Do You Want to Buy/Hold - Course 6/9 Ep7: You MUST Have PROVEN, Efficient Systems - Course 7/9 Ep8: EDUCATION - Course 8/9 Ep9: MARKETING - Course 9/9 Ep10: 41% of Deals From Follow-Up   About Eric Shadowens, CPA Eric has over 20 years of experience practicing public accounting in Louisville. He is most interested in working with professionals in the Louisville, Kentucky, Indiana, Ohio, and Tennessee real estate industries. He has worked with real estate agents, residential rental property owners, and large $150 million commercial real estate businesses throughout his career.  In addition, he has an interest in personal real estate investing. Eric earned a Bachelor of Science in Accounting from the University of Louisville School of Business and is licensed to practice as a CPA.  Eric is currently a board member, and Treasurer of the Bluegrass Golf Foundation and Ambassador of Greater Louisville Inc. Eric is a past member of the Board of Directors of the Chamber of St. Matthews, where he served as the Treasurer for two years.   Connect with Eric LinkedIn: Eric Shadowens CPA Email: eshadowens@dmlo.com Phone: 502-326-2319   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here.    Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

As we continue with the second installment of this series with Eric Shadowens, CPA, he lays out a few strategies to better understand depreciation and cost segregation for tax planning. Take advantage of the tax-saving opportunities in real estate by listening to this episode today!   Key takeaways to listen for  What is cost segregation? Engineered vs. small cost segregation Reasons why passive investors shouldn't use cost segregation Benefits of cost segregation in real estate investing The value of bonus depreciation Why seeking tax advice prior to cost segregation is important   Resources mentioned in this episode Ep132: TAX UPDATE for Real Estate Investors with Eric Shadowens, CPA - Part 1 of 6 KBKG  BiggerPockets Real Estate Investing Forums To get the latest IRS Publication 527 for Rental Properties for FREE, go to mikebutler.com/527 Ep1: Things You Can Do Right Now… Most Are FREE - Course 1/9 Ep2: Identifying Resources for FAST Cash - Course 2/9 Ep3: EXIT STRATEGY - Must know BEFORE You Make Your Offer - Course 3/9 Ep4: Run Your Numbers - Course 4/9 Ep5: Mike Butler's Investor Pledge - Course 5/9 Ep6: What Type of Investment Property Do You Want to Buy/Hold - Course 6/9 Ep7: You MUST Have PROVEN, Efficient Systems - Course 7/9 Ep8: EDUCATION - Course 8/9 Ep9: MARKETING - Course 9/9 Ep10: 41% of Deals From Follow-Up   About Eric Shadowens, CPA Eric has over 20 years of experience practicing public accounting in Louisville. He is most interested in working with professionals in the Louisville, Kentucky, Indiana, Ohio, and Tennessee real estate industries. He has worked with real estate agents, residential rental property owners, and large $150 million commercial real estate businesses throughout his career.  In addition, he has an interest in personal real estate investing. Eric earned a Bachelor of Science in Accounting from the University of Louisville School of Business and is licensed to practice as a CPA.  Eric is currently a board member, and Treasurer of the Bluegrass Golf Foundation and Ambassador of Greater Louisville Inc. Eric is a past member of the Board of Directors of the Chamber of St. Matthews, where he served as the Treasurer for two years.   Connect with Eric LinkedIn: Eric Shadowens CPA Email: eshadowens@dmlo.com Phone: 502-326-2319   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here.    Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Let's kick off this new series with our guest Eric Shadowens, CPA, to learn all you should know about Form 1099, 1098, and 1096. To become a more responsible real estate investor through his tax expertise, you must hear this episode!   Key takeaways to listen for  The ins and outs of filing Form 1099 What is a “backup withholding”? Form 1098: What it is, its purpose, and filing process Requirements and due dates for Form 1099 and 1098 The importance of Form 1096 in filing tax forms    Resources mentioned in this episode Eric Shadowens CPA on LinkedIn: 1099 Forms To get a copy of the Independent Contractor Agreement form, go to https://www.mikebutler.com/join and join Mike Butler's Gold Membership  Ep1: Things You Can Do Right Now… Most Are FREE - Course 1/9 Ep2: Identifying Resources for FAST Cash - Course 2/9 Ep3: EXIT STRATEGY - Must know BEFORE You Make Your Offer - Course 3/9 Ep4: Run Your Numbers - Course 4/9 Ep5: Mike Butler's Investor Pledge - Course 5/9 Ep6: What Type of Investment Property Do You Want to Buy/Hold - Course 6/9 Ep7: You MUST Have PROVEN, Efficient Systems - Course 7/9 Ep8: EDUCATION - Course 8/9 Ep9: MARKETING - Course 9/9 Ep10: 41% of Deals From Follow-Up   About Eric Shadowens, CPA Eric has over 20 years of experience practicing public accounting in Louisville. He is most interested in working with professionals in the Louisville, Kentucky, Indiana, Ohio, and Tennessee real estate industries. He has worked with real estate agents, residential rental property owners, and large $150 million commercial real estate businesses throughout his career.  In addition, he has an interest in personal real estate investing. Eric earned a Bachelor of Science in Accounting from the University of Louisville School of Business and is licensed to practice as a CPA.  Eric is currently a board member, and Treasurer of the Bluegrass Golf Foundation and Ambassador of Greater Louisville Inc. Eric is a past member of the Board of Directors of the Chamber of St. Matthews, where he served as the Treasurer for two years.   Connect with Eric LinkedIn: Eric Shadowens CPA Email: eshadowens@dmlo.com Phone: 502-326-2319   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here.    Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

As a property owner, you may often be in a challenging situation when squatters reside in your buildings. Learn how to prevent this and some safety measures while vacating the property from informal settlers.    Key takeaways to listen for  How to ensure your personal safety before entering your property Everything you need to know about squatter prevention Things you should say and do when entering your rental property   Resources mentioned in this episode SimpliSafe Landlording on AutoPilot by Mike Butler Sign up for the Power Lunch training at https://www.mikebutler.com/PowerLunch   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here.    Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Don't let the rising interest rates stop you from acquiring your next investment property by learning what you need to do in this episode. Keep listening so you can get creative with your investing and financing strategies and thrive in this shifting market!   Key takeaways to listen for  The best investing strategy to do when interest rates are high What's the biggest change in the real estate market today An expert's perspective on thriving during market shifts   Resources mentioned in this episode Ep85: Get Ready Now for Super Inflation Ep96: Are You Ready For The Big Upcoming Market Changes? Ep112: How To Conquer Rising Interest Rates | Mini-Course Part 4 of 9 Ep114: Comfort Zone Test to Kill Your Fear of Rising Interest Rates | Mini-Course Part 6 of 9 To try out Mike's “Take Over Payments” system, go to www.jumpingloans.com Join the LIVE 3-day Bootcamp on how to buy without banks. Registration is soon to be available at https://www.mikebutler.com/ Landlording on AutoPilot by Mike Butler Sign up for the Power Lunch training at https://www.mikebutler.com/PowerLunch   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here.    Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

If you have a real estate business, tune in to this episode to get creative holiday gift ideas for your tenants, employees, family members, or strangers while advertising your business simultaneously.    Key takeaways to listen for  Where to buy affordable and custom-made gifts this holiday season Why you should consider giving coffee cups as gifts A crucial advice to absorb when gifting ball caps The effectiveness of customized calendars for advertising   Resources mentioned in this episode Sierra 4imprint Foil stamp key chain/tag on Google Cheap peel and tick calendar on Google   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here.    Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

If you're struggling to collect rent after the holidays, we created the perfect episode for you! Keep listening as we give the best way to get your tenants to pay their rent early in January and a gift that you don't want to miss!   Key takeaways to listen for  The worst month for collecting rents How to encourage tenants to make early rent payments Free gifts available for listeners   Resources mentioned in this episode To get your FREE $10 Holiday Rent Coupon, go to mikebutler.com/rentcoupon Landlording on Autopilot by Mike Butler | Paperback Sign up for FREE Investor Training Webinars: mikebutler.com   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here.    Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

If you're a QuickBooks user, you must listen to this episode to avoid wasting too much money! Learn why you shouldn't upgrade your current functional QuickBooks version and how costly they are getting. Tap in to know more about it!   Key takeaways to listen for  The downside of QuickBooks online versions How efficient is QuickBooks Pro Desktop Expected annual renewal fee after upgrading your QuickBooks Desktop   Resources mentioned in this episode Quickbooks For Investor   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here.    Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Is your rental rate keeping up with today's inflationary market? Be sure to listen to this valuable episode to understand how helpful it is to monitor your rental fees or charges and make the necessary adjustments for your properties to thrive in a volatile market!   Key takeaways to listen for  Why raising rent is important Top online resources for rental comps How to increase rents without losing tenants   Resources mentioned in this episode Rentometer Zillow Rent Estimate Calculator Redfin   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here.    Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

In today's episode, we're wrapping up our Simple Cheap Holiday Gifts to Make You a Hero! Series. Keep listening to learn how you can leverage holiday rent coupons to make rent collection easier and much more!   Key takeaways to listen for How to turn the worst month for rent collection into the best month to collect rent Reasons why you should send monthly statements to tenants Which tenants should qualify for a holiday rent coupon?   Resources mentioned in this episode Ep121: Simple Cheap Holiday Gifts to Make You a Hero! Part 1 of 5 Ep122: Simple Cheap Holiday Gifts to Make You a Hero! Part 2 of 5 Ep123: Simple Cheap Holiday Gifts to Make You a Hero! Part 3 of 5 Ep124: Simple Cheap Holiday Gifts to Make You a Hero! Part 4 of 5 Landlording on AutoPilot by Mike Butler To obtain a 50% discount from Mike's “Take Over Payments” system, go to www.jumpingloans.com and use the code “JUMP22”   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here.    Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

In today's part 4 of the series, we'll discuss a helpful method for those from whom you borrow money. Continue listening to find out how you can be creative in repaying your loans!   Key takeaways to listen for  How 10 for 12 program strategy works Tips for using a memo line when paying seller-financed properties Ways to master “Jumping Loans” system   Resources mentioned in this episode To obtain a 50% discount from Mike's “Take Over Payments” system, go to www.jumpingloans.com and use the code “JUMP22” Ep123: Simple Cheap Holiday Gifts to Make You a Hero! Part 3 of 5 Ep122: Simple Cheap Holiday Gifts to Make You a Hero! Part 2 of 5 Ep121: Simple Cheap Holiday Gifts to Make You a Hero! Part 1 of 5   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here.   Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Are you aware that you can convert gifting expenses into advertising expenses? You'll find out in the third episode of this series covering this topic! Stay tuned to learn how to economize and spend your money wisely when shopping for holiday presence and make your staff feel valued every holiday season!   Key takeaways to listen for  Gift ideas for your staff during a Christmas season What should be your basis when writing bonus checks for your employees How to properly handle the distribution of cash bonuses   Resources mentioned in this episode To obtain a 50% discount from Mike's “Take Over Payments” system, go to www.jumpingloans.com and use the code “JUMP22”   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

In the second part of this series, we will focus on more things that will contribute to the success of your company's board meeting or holiday event. You'll surely learn a lot from setting up a venue to starting the actual event, plus tips on interacting and building connections with your guests. Don't miss the chance to give a memorable experience to your employees by tuning in to this episode!   Key takeaways to listen for Things you should consider when setting up a room or venue for a company holiday party The worst thing you can ever experience in a party venue Best actions to start and handle a board meeting Why it's important to recognize and appreciate your employees' inside the meeting room  The goal of encouraging your company's team leaders to speak   Resources mentioned in this episode Ep122: Simple Cheap Holiday Gifts to Make You a Hero! Part 1 of 5 VISTA Properties, Inc. To obtain a 50% discount from Mike's “Take Over Payments” system, go to www.jumpingloans.com and use the code “JUMP22”   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

We're officially approaching the holiday period with this five-part series where we provide holiday party tips and how to create your perfect guest list for your company event. Dive into this first episode and start getting things planned properly!   Key takeaways to listen for  When is the best time for a company holiday party? Money-saving food and venue ideas The ideal guest list for a business party   Resources mentioned in this episode To obtain a 50% discount from Mike's “Take Over Payments” system, go to www.jumpingloans.com and use the code “JUMP22”   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Locate the best deals in the market and learn why, as a property investor, you should buy a property near year's end. So, stay connected and wrap up your holidays with terrific real estate deals!   Key takeaways to listen for  Reasons why real estate opportunities are higher during holidays  Understanding the “Gravy Train Market” Best tips for buying your holiday real estate property   Resources mentioned in this episode To get a FREE Carrot Investor Website, join Mike Butler's Gold Membership by clicking https://www.mikebutler.com/join Try the Jumping Loans System now and get a 50% discount using the code  “JUMP22”   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

If you have vacant rental properties after Halloween, that's a total horror. So today, you'll discover a timeline you need to consider to get filled with new tenants. Start listening to make more money and less worry in real estate for the entire year!   Key takeaways to listen for  The number one thing to avoid when you have vacant rentals How to level up your rental properties and attract occupants A great strategy to present and market your properties   Resources mentioned in this episode Landlording On Autopilot by Mike Butler | Paperback Sign up to experience the POWER LUNCH training now at https://www.mikebutler.com/PowerLunch   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

This week, we'll get into a rapid-fire talk on the essential rules that you should be aware of as a buyer or seller and how you can reinforce your protection in today's real estate market. This short episode will surely help you in the long run, so tap in!   Key takeaways to listen for  Why you should avoid seller financing for an owner-occupied property  The horrible risk of a sandwich lease option How critical it is to be an informed property buyer and seller   Resources mentioned in this episode Landlording On Autopilot by Mike Butler | Paperback Book a one-on-one strategy call now at https://www.mikebutler.com/1on1CoachingSessionOrder or call (502) 709-9889   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

This episode marks the finale of our mini-series, and today, you'll know why you should stop worrying about today's home loan rates and how opportunities are still available everywhere. Discover how to get ahead of the competition by tuning in!   Key takeaways to listen for  A breakdown of outstanding residential mortgages with rates below 4% How motivated sellers fuel the real estate market today Resources mentioned in this episode Try the Jumping Loans System now and get a 50% discount using the code “PART9”   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

We're back for another part of the series, and today, it's all about learning how to prepare your offers in the current real estate market conditions. Follow along to know the strategies in selecting profitable properties and the factors to consider for your following deals. Be an informed investor by listening to this episode! Key takeaways to listen for  Reasons why it's better to avoid using the BRRRR method Best months to buy single-family properties The need to make 3 separate offers for a single deal Resources mentioned in this episode Landlording On Autopilot by Mike Butler | Paperback   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

In the seventh part of this series, learn the strategic way of fool-proofing deals to ensure you prepare yourself for the worst-case scenarios. If you still worry about what's to come in the real estate market, listen to this episode and start planning your best exit strategy now! Key takeaways to listen for  Why short-term rentals are advantageous now How to do the formula in fool-proofing deals The importance of not being an impulsive investor 3 mistakes you should avoid when investing in real estate Resources mentioned in this episode Landlording On Autopilot by Mike Butler | Paperback   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Everyone's been talking about the interest rates skyrocketing, but for the sixth part of our episode series, we will share a simple comfort zone test for you to get rid of fear-driven investment decisions. Elevate your perspective, embrace changes, and convert your fears to opportunities. Stay tuned!  Key takeaways to listen for  The usual reaction to loans with a high interest How beneficial it is to look at things from a different viewpoint Why you should stop passing on opportunities Resources mentioned in this episode Landlording On Autopilot by Mike Butler | Paperback   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

We're halfway down to our mini-course series, and in this episode, you'll discover another resource of cash that you probably didn't know existed and how it can benefit you in multiple ways. So tune in, prepare to get your mind blown, and continue your investing journey with easier access to cash! Key takeaways to listen for  What to expect when applying for a 30-year fixed-rate loan How much did the foreclosure rates increase in 2022? A smart way of lending money without the need for applications Why you need to approach things differently now? Resources mentioned in this episode Who Moved My Cheese by Spencer Johnson M.D. | Audiobook & Audio CD   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

In the fourth part of this series episode, we'll talk about the rapid and continuous rise of interest rates and how you can overcome this challenge with your best buying strategies. So tune in to enhance your creativity and adaptability to reduce your worries today, as there's still room for success! Key takeaways to listen for The difference between 2021 and 2022's 30-year fixed rates Why you should change your attitude towards investing in a shifting market Ideal advice on surviving the rapid increase of interest rates A great way to utilize a $1 million at 3% 30-year fixed-rate loan Resources mentioned in this episode Who Moved My Cheese by Spencer Johnson M.D. | Audiobook & Audio CD   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

As we dive into the third part of this mini-course series, you'll understand the type of income you generate and whether it can help put you in a better position in wealth and finances. Learn how taxes impact your income and how you can counter it with the most optimal investing strategy. Tune in! Key takeaways to listen for Earned income vs. passive income vs. tax-free income The amount of taxes being deducted from your earned income Should you sell or rent out your property? Income and benefits from “buy and hold” and why you should do it Resources mentioned in this episode CamaPlan   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

In the second part of this series episode, we'll go over the five exit strategies every investor needs to understand, how these strategies work, and which one brings the most wealth to your investing business. Hit the play button and find out which method suits your ongoing deals! Key takeaways to listen for  What is an exit strategy? Tips for making profits in wholesaling Factors to consider when deciding to buy and hold properties How to use self-directed ROTH IRA as an exit strategy   Resources mentioned in this episode Ep4: Run Your Numbers - Course 4/9 Ep86: Real Estate Market Insights and Emerging Trends with Mark Hass Ep105: Flipping Vs Buy and Hold CamaPlan To obtain a 50% discount from Jumping Loans System, go to www.jumpingloans.com and use the coupon code JUMP1K. Landlording on AutoPilot by Mike Butler | Paperback & Audiobook Power Lunches: Free Investor Training   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Today's episode is about catching up on market trends and what's happening in the real estate industry. Join us as we touch on leveraging the sellers' market, changes in investor loan terms, rising foreclosures, and inflation. Don't miss out on investment strategies and tips in this rapidly changing market! Key takeaways to listen for  Ways to leverage a seller's market if you're a real estate investor Current changes in interest rates and loan terms Trends happening in foreclosures and their effects on the market How much inflation is happening in the coming years? Properties that were most affected in the last real estate bubble crash Resources mentioned in this episode Landlording on AutoPilot by Mike Butler | Paperback & Audiobook Power Lunches: Free Investor Training   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Make sure you make your self-directed Roth IRA contributions for 2021 before Friday midnight! Listen in to better understand why you should do this, where to find an IRA custodian with low fees, and how to make the most of the tax benefits on your contribution. Key takeaways to listen for Self-directed IRA contribution limits for 2021 Benefits of giving your maximum annual IRA contribution NOW Where to get an IRA custodian with low fees Housing market predictions for the next few years Resources mentioned in this episode IRS Publication 590 CamaPlan Tax-Free Profit and Income for Life  Landlording on AutoPilot by Mike Butler | Paperback & Audiobook Power Lunches: Free Investor Training   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

If you find raising rents for your properties challenging, we got this show for you! Join us to learn the steps in finding the correct rate for the increase and tips on how to keep good tenants despite changing leases. You don't want to miss this episode! Key takeaways to listen for Best online resources to utilize to check rent comps Challenges in raising rents Strategies to make good tenants renew despite rent raises   Resources mentioned in this episode Zumper Zillow Rental Manager Rentometer Redfin Homes.com 13 Books to Take Beginners From Zero to Real Estate Investing Hero Landlording on AutoPilot by Mike Butler | Paperback & Audiobook Power Lunches: Free Investor Training   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Cryptocurrency is now another way to buy a property, and we got this episode for you to share how it works and why it might be worth considering. If this is new to you, you should listen in! Key takeaways to listen for How to buy a property with bitcoin? Benefits of doing transactions using bitcoin Is cryptocurrency popular in real estate transactions? Resources mentioned in this episode Landlording on AutoPilot by Mike Butler | Paperback & Audiobook Power Lunches: Free Investor Training   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

In today's episode, we'll be running the numbers on flipping, buying, and holding. Make sure to listen to learn the pros and cons of each real estate niche and how you can genuinely build wealth. Key takeaways to listen for Assets that are considered buy and hold How income tax works? Flipping vs Buy and Hold: Costs, net profit, and earnings   Resources mentioned in this episode Rich Dad Poor Dad by Robert Kiyosaki | Paperback & Audiobook Landlording on AutoPilot by Mike Butler | Paperback & Audiobook Power Lunches: Free Investor Training   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

If you're curious about short-term rentals or self-storage, this episode will be value-packed as Jay Bowman, a master of Airbnb, will be joining us. He discusses the various laws and rules to be aware of when dealing with short-term rentals and his recent transition into self-storage. Dial in to find out why self-storage is an excellent passive investment. Key takeaways to listen for  What income milestone will allow real estate investors to separate from their jobs? The rule of thumb when it comes to short-term rentals Local rules and regulations you should care about before entering short-term rental business Advantages of investing in self-storage assets Is it easier to finance self-storage investments? Different ways to operate a self-storage facility/business Resources mentioned in this episode Landlording on Autopilot by Mike Butler | Paperback & Audiobook Power Lunches: Free Investor Training   About Jay Bowman Jay started in single-family rentals and has mastered AirBnB and has already owned over 100,000 square feet of self-storage units. He credits Mike's book “Landlording On AutoPilot” to lighting his fuse in helping him achieve amazing success quickly and safely. Jay Bowman shares his current daily routine of spending a lot of time with his kids and family, all due to his superstar success investing in real estate.  Connect with Jay Website: Beyond Storage Facebook: Beyond Storage, LLC Twitter: @jaybowman Facebook: Jay Bowman Linkedin: Jay Bowman   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Whether you are buying or selling, this path is all about you! Check out this excellent episode as Jessica Yu discusses the role of parents in fostering financial literacy in their children and ideas for making your real estate journey more fruitful. Stay tuned for additional information on overcoming language hurdles when negotiating a real estate deal! Key takeaways to listen for  Importance of financial education to your kids Benefits of learning multilingual language in real estate Top line goals for real estate investors Key advice to start in real estate investing 3 things you need to consider for an effective communication   About Jessica Yu Jessica Yu is a trilingual real estate matchmaker, consultant and educator.  She helps clients reach their goals and grow their knowledge in wealth.  Her major goal is to serve her client, whether helping first time home buyers or seasoned investors. She strived to serve her clients through careful listening, consistent and prompt communication, and extensive knowledge of the real estate market and process. She has experience in small business consulting, marketing research, property management, short sale negotiation, mold testing and in retail and hospitality.  Connect with Jessica Website: Jessica Yu LinkedIn: Jessica Yu   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Home repairs can be a hot debate, mainly if your tenants cause harm to the property. So, who is responsible for the repairs? Join us today as we outlines the proven landlord's responsibility when performing repairs and maintaining the property. Key takeaways to listen for  What should you remind your plumber? Building a tenant screening score report How to make your tenant pay for repairs Resources mentioned in this episode Landlording On AutoPilot System   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

How do you qualify for a tax-deferred exchange? Listen in as Atty. Harry Borders talks about the types of real estate exchange to consider, the property types allowed for 1031 exchange, and the different techniques to start with a section 1031 transaction.  Key takeaways to listen for  What is capital gain taxes and how it works  The fundamentals of 2-money rules and 2-time rules Reverse exchange vs. built-to-suit exchange Biggest challenges of 1031 exchange  Perfect pre-planning scenarios for paying no taxes  Why can't you invest in a property outside the US?   About Atty. Harry Borders  Harry B. Borders joined the firm in 1991 after graduating in the top ten percent of his University of Kentucky law school class. Harry also has an engineering degree from the University of Louisville. In addition to real estate closings, he sets up companies (limited liability companies and corporations), handles IRS section 1031 tax-deferred exchanges, and works closely with real estate investors. He is a frequent instructor of real estate law courses at the Greater Louisville Association of Realtors. He is a member of the Louisville and Kentucky bar associations. Harry is also a member of the Kentucky Real Estate Investors Association. He travels annually to Central America with Hand in Hand Ministries to help build hope for the poor of the region.  Connect with Atty. Harry Website: Borders & Borders, PLC Email: Harry@HarryBorders.com Phone: 502-894-9200   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

If you intend to renew your property's lease agreement, you should be prepared and knowledgeable about it. Dive in as Mike outlines what you should and shouldn't do when renewing a rental agreement with your tenants. Tune in to find out more!  Key takeaways to listen for  What you need to know about renewing a rental lease Ways to assess your tenants Why should you schedule the lease renewal and revise the lease agreement? Resources mentioned in this episode Landlording On AutoPilot System   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Pay attention to this episode to learn effective rental application ideas that can undoubtedly help in assessing your tenants. Stay tuned to get tons of knowledge!  Key takeaways to listen for Why should you be aware of the Fair Housing Act? Importance of “First In, First Out (FIFO)” strategy   What authority do third-party tenant services have? Resources mentioned in this episode Carrot ​Kentucky Offender Online Lookup (KOOL)   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

When working on deals, you should know your market and have your investor kit ready. Listen to find out why you should prepare your investor kit and what you should put in it. Key takeaways to listen for What is a "crash kit"? Why do you need a briefcase? Things to have in your briefcase Resources mentioned in this episode Financial Calculators   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Do you want to learn some innovative real estate strategies? Tune in to this episode to learn how successful investors identify properties for sale and perform short-term rentals. Don't miss this out!   Key takeaways to listen for How to locate the property owners Tips to bypass a real estate agent with a property listed   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Do you have a plan in place to maximize the return on your long-term investment? Discover the ultimate strategies you need to master to stay two steps ahead of what's coming your way. Dive in as we explore the changes and new trends affecting our real estate market and the actions you need to take to prepare your investment for the future. Key takeaways to listen for Leading variables influencing the real estate market for both investors and homeowners Things affecting the current real estate market What you should know about Mortgage Forbearance Program How does inflation affect the real estate market? 2 things you can do to avoid missing out on the vault Resources mentioned in this episode CamaPlan Ep28: Easter Egg Hunt Method in Finding Deals   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

If you're seeking ideas for when to sell and payout, this episode is for you! Dive into this episode as we discuss how to plan for future market opportunities and where to put your money safely. Key takeaways to listen for How interest rates affect homebuyers What's the future opportunity in the real estate market Ways to prepare before the market changes Resources mentioned in this episode Borders&Bordes, PLC To know more about 1031 IRS, send an email to harryborderky@gmail.com.   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Are you ready to perform the year-end duty without a hitch? If so, listen to this episode to learn how to complete specific tasks in QuickBooks to get ready for the new year. Stay tuned to find out helpful tips! Key takeaways to listen for How to calculate principal paydown Setting up a capital expense report Preparing tax return with your accountant  How transactions affect the profit, loss, and balance sheet Keeping your financial data the way you want it Resources mentioned in this episode QuickBooks Pro Desktop Year End To Dos 6 Modules QuickBooks Desktop Pro Plus 2022   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

In this episode, we're bringing David Ounanian to the show to talk about the strategies that made his rental portfolio grow, his real estate journey as an agent and investor, and how he helps real estate agents to avoid common mistakes. Tune in to learn the resources that can help you improve your investing abilities! Key takeaways to listen for Helpful resources to learn real estate investing When is the right time to start investing? Ways to find your dream home How to become a better real estate agent Resources mentioned in this episode Landlording On AutoPilot System    About David Ounanian David Ounanian, "Agent David O", is a real estate agent and investor in St. Louis, Missouri. He attributes his superstar lightning-fast success in achieving true financial independence to Mike's book "Landlording On AutoPilot." While working 10yrs in his "IT" corporate job,  David felt trapped. In 2017, he bought his first investment property and in 2019 he kissed his corporate job goodbye. David shares his amazingly simple strategy on how he found his new home for his family without using the MLS. He continues to grow his rental portfolio and today he trains real estate agents how to be the "go to Investor Expert Agent" in their town. Connect with David  Website: My Agent Investor   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

In the last part of this 5-episode series, we'll talk about how check deposits work before and how your mobile phone allows you to save time by depositing your check remotely. Tuned in to find out more deposit tricks!  Key takeaways to listen for How do check scanners work? Should you set up an ACH direct deposit to pay your rent? How to make check deposits without going to a bank  Resources mentioned in this episode Investor Books Pro System with Tenant Tracking Ep90: MUST Have Bank Accounts | Part 3 of 5   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

If you want to make your transaction seamless and convenient, you should pay attention to this part of our episode series! Listen in to learn the pros and cons of paperless and snail mail transactions, and why you should switch to paperless now.  Key takeaways to listen for Why should you use the Investor Books PRO System? Is it better to go paperless with your financial documents? How reliable and convenient is snail mail for sensitive information Resources mentioned in this episode Investor Books Pro System with Tenant Tracking   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Are you ready to take your banking transactions to the next level? Join us in today's episode to discover the 2 bank accounts you must have and why you should have them now. Key takeaways to listen for What is a sweep account and how does it work Positive pay account: Definition, costs, and benefits How does it prevent check fraud? Resources mentioned in this episode Ep88: Banking Do's and Don'ts | Part 1 of 5   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Whether you're buying something or paying your bills, it's important to know which card to use. In the next part of this 5-episode series, learn why you should quit using debit cards and replace them with credit cards. Keep tuning in to spot the differences!  Key takeaways to listen for Reasons why you should never use a debit card  What makes a credit card better than a debit card? Should landlords accept rents through a credit card?   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

In the first part of this 5-episode series, you'll understand the differences between types of banks and accounts in terms of rules, regulations, and policies. Pay attention to this episode to learn more! Key takeaways to listen for Differences between small, big, and cloud banks Why should you take advantage of online banking? Business vs. consumer accounts   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA