Cash Flow Guys Podcast

Thank you and good night...

In this episode Mike and Tyler discuss the urgent need for investor to step up their earnings in order to remain ahead of inflation

In this episode, Tyler discusses many of the dangers of coliving that most people are not talking about.

In this episode, Mike and Tyler discuss some recent events that Mike experienced at a local job fair.

In this episode, Mike Marino goes solo as host this week while he interviews Jon Fritz a serial entrpreneur who owns multiple small businesses in Mike's hometown of Salida, Co

In this episode, Mike and Tyler discuss some of the pitfalls in low hanging fruit.

In this episode, Mike and Tyler discuss Mike's recent accident and how his backup plan made the situation far less painful than it could have been.

In this episode, Tyler goes solo and explains why goals suck!

In this episode, Mike and Tyler discuss was to cash flow on a property without ownership.

In this episode, Mike and Tyler sit down with Jim Sheils to discuss the new-to-market strategy of build to rent.   To connect with Jim, please choose a link below: jim@18summers.com jjplaybook.com

National Association of Realtors Lawsuit & Buyer Representation The Lawsuit - What's at Stake? Moehrl v. NAR et al.: This class-action lawsuit alleges that NAR policies force home sellers to offer a commission to a buyer's agent, when listed in the MLS  Antitrust Concerns: Plaintiffs argue that this rule reduces competition between buyer's agents by making it harder for discount brokerages or agents operating on lower commission structures to attract clients. They also argue that it inflates commission rates overall, as there's less incentive for negotiation. Class Action: The lawsuit represents millions of American homebuyers who have allegedly paid inflated commissions due to NAR's rules. Potential damages could be in the billions of dollars, depending on the outcome. Origins of the Dispute - Why Now? Shifting Real Estate Landscape: The rise of online real estate platforms, discount brokerages, and flat-fee MLS listing services has challenged the traditional model of high commission rates. Buyers are becoming more cost-conscious and seeking alternative service models. Consumer Advocacy: Increased media attention on high housing costs and concerns about hidden fees like commissions have fueled public scrutiny of the real estate industry. Consumer groups are pushing for more transparency and buyer-friendly practices. Department of Justice Scrutiny: In 2020, the DOJ launched an antitrust investigation into NAR's policies, specifically focusing on the Buyer Broker Commission Rule and its potential anticompetitive effects. This investigation is ongoing and its findings could influence the outcome of the Moehrl lawsuit. Part 3: Potential Outcomes and Implications Scenario 1: NAR Loses: The court could overturn the Buyer Broker Commission Rule, giving sellers more flexibility in how they offer compensation to buyer's agents. This could lead to increased competition and potentially lower commission rates for buyers. However, it could also make it harder for some buyers to find representation, especially in rural areas. Scenario 2: NAR Wins: The court could uphold the Buyer Broker Commission Rule, maintaining the status quo. This would likely benefit real estate agents and traditional brokerages, but it could also leave buyers feeling frustrated with limited choices and high costs. Uncertain Future: The lawsuit is complex and ongoing, with multiple appeals possible. Predicting the final outcome and its long-term impact on the real estate industry is difficult.

In this episode, Mike and Tyler discuss the benefits of aquiring service businesses as investment vehicles.

In this episode, Tyler and Mike discuss how to avoid problems when hiring contractors.

In this episode, Tyler sits down with Shep Harris of Live Oak Bank to discuss SBA Lending for ALF's and other small businesses.

In this episode Mike and Tyler discuss what they learned in 2023 in regard to zoning.

In this episode, Mike and Tyler host an interview with Dayton Stamey, the owner of ApplianceProfit.com/start, a web-based training platform designed for individuals interested in appliance repair company training. As we explore the world of service business owners, we stumble upon a hidden gem within the industry. Imagine a business venture that doesn't demand substantial initial capital, yet allows you to both learn and earn while providing valuable services to your local community. While some might dismiss it as a get-rich-quick scheme, this episode unveils the secrets to swiftly building a 7-figure business with minimal investment. Among the 414 previous episodes, this one is bound to become a favorite and a treasure trove of valuable insights.

In this episode, Mike and Tyler interview Stephen Nguyen once again to hear of some painful lessons learned since our last episode with him.

Quick recap Tyler and Michael had a comprehensive discussion about the current state of businesses and the economy. They explored alternative investment opportunities, including franchising, real estate, and cash-flow businesses, as potential avenues for financial security. The conversation also featured Greg Mohr, who provided insights into the franchising process, including different types of franchise models, fee structures, and potential earnings in the service sector. Summary   Business, Economy, and Investment Challenges Tyler and Michael discussed the current state of businesses and the economy, focusing on the challenges faced by employees and business owners due to government intervention and market uncertainties. They also explored alternative investment opportunities, including franchising, real estate, and cash-flow businesses, as potential avenues for financial security. Greg Mohr, the owner of Franchise Maven, joined the conversation to explain his role as a middleman between franchisees and franchisors, providing valuable insights into the franchising process.   Franchise Models and Earnings Potential Greg provided Tyler with an explanation of the different types of franchise models, particularly the role of a master franchisor. He detailed how a master franchisor purchases all 10 territories in an area and uses one as a training unit for new franchisees, then sells the remaining territories to other franchisees and earns a commission on the franchise fees and royalties. The team also discussed the concept of multi-level marketing, real estate ownership in the fast-food industry, and the potential earnings in the service sector. Tyler shared his personal experience with the service sector, expressing concerns about high fees and a lack of understanding from some service providers.   Franchise Fee Structures and Vetting Process Tyler and Greg discussed the general fee structures of buying a franchise. Greg explained that the one-time franchise fee usually ranges from $50,000 and includes all necessary information and training. The ongoing fee is a percentage of the gross sales, typically between 5 and 10%. Greg emphasized that franchisors are looking for both business and background experience from potential franchisees. Tyler shared that their model is similar to a franchise, where they rent their facilities to operators. However, they have implemented strict measures, including hiring a consultant with real estate and business experience, to ensure the quality of care for their residents. Greg and Tyler also agreed that involving a consultant in the vetting process can increase the success of the franchise.   Franchise Feasibility Discussion Greg and Tyler discussed the feasibility of starting a franchise as a side hustle with a budget of around $50,000. Greg confirmed that it is possible to manage a franchise with a time commitment of 10 to 15 hours weekly and that he has many clients who continue to hold their primary jobs while managing their franchises. Tyler raised a question about the process for someone who doesn't know which franchise to invest in, to which Greg clarified that the first step would be to have a conversation to understand the individual's interests and aspirations.   Franchise Earnings Inquiry and Information Tyler inquires about the potential earnings for a franchise investment. Greg explains that the Federal Trade Commission prohibits the disclosure of specific earnings data by franchisors. However, Greg assures Tyler that he will provide all necessary information to help him make an informed decision. Greg also mentions that he will talk to multiple franchisees to get a sense of their earnings and experiences. Towards the end, Greg outlines his role as a coach in the process, helping Tyler determine if franchising is right for him and, if so, identifying the most suitable franchise opportunity.   Franchisee Characteristics and Benefits Michael discussed the characteristics of a successful franchisee with Greg, who emphasized the importance of being coachable and willing to follow a process. Greg also highlighted the benefits of being part of a supportive network and following a specific territory. The discussion revealed that Greg provides free services to help potential franchisees find a suitable franchise within their area. The group also touched on the availability of SBA loans for financing.   Funding and Exit Strategies for Businesses Greg and Tyler discussed funding options for SBA loans and SBA express loans, with Greg explaining that SBA loans can be obtained quickly while SBA express loans take longer. He introduced the concept of using a 7a loan for larger loans and using a 401k plan from a previous employer for funding by doing a rollover into a self-directed 401k. Greg also shared his experience of using retirement money to fund his business by creating a C corporation. Michael expressed his desire to terminate his franchise commitment and start a new business venture, leading to Greg explaining the process of exiting a franchise agreement.   Greg can be reached via FranchiseMaven.com  

In this episode, Tyler dives into the topic of investing using a home equity line of credit.

In this episode, Tyler provides several things to consider when renewing a tenant's lease.

Real Estate Market Uncertainty Amid Economic Shift Tyler and Mike discussed the current state of the real estate market and the uncertainty caused by economic and political changes. Tyler, an active realtor, shared his experience from the last crash and his concern about the current situation. He noted an ongoing migration to Florida, but a decrease in sales due to high-interest rates. Despite the demand, people are unable to afford to buy properties due to the increased rates, causing a shift in the market. Tyler's Finance and Entrepreneurial Journey Tyler shared his recent experiences, including launching a podcast and becoming a tour guide in Key West. He voiced worries about the current credit crisis, with credit card spending at an all-time high, and the potential issues this could bring for the country. Tyler stressed the importance of having multiple income streams and discussed his involvement in a real estate fund that buys single-family homes and converts them into assisted living facilities. He emphasized the recession-proof nature of this venture and his and Mike's cautious approach to finances. Tyler expressed gratitude for their initial decision in starting the fund, as they managed to avoid an unfavorable adjustable rate mortgage on a 2.7 million dollar property. This would have led to them hitting a debt cap of nearly 9%, amounting to about 3 million dollars. Mike agreed, mentioning that many funds are currently experiencing similar issues due to rising interest rates. Housing Crisis and Inflation Advice Tyler warned about the market being in an affordability crisis and advised against speculative investments in real estate. He shared his personal experience of maintaining a long-standing relationship with his landlord in Key West, which allows him to maintain his housing security at a lower cost than buying a home. Despite this, he acknowledged that some people are still buying homes to move into, due to the common belief that it makes sense to buy. Tyler also pointed out the significant inflation in food prices and advised caution for those flipping houses. He concluded by emphasizing that the country is becoming a renter nation and encouraged thoughtful consideration before making a home purchase. Housing Market Caution and Recession-Proof Investments Tyler discussed the current state of the housing market, expressing concerns about the potential for a market crash due to rising interest rates and overpriced houses. He advised caution and suggested focusing on recession-proof investments like service businesses and residential assisted living, which he believes will stand the test of time. Tyler also highlighted the potential for buying great deals in Florida when people get scared and the need for a strong team to capitalize on such opportunities. Mike agreed with the assessment and expressed interest in the proposed strategies. Real Estate Market Forecast: Prices Stable, Rates Fluctuating Tyler and Mike discussed the state and future of the real estate market. Tyler argued that prices would not decrease and asserted that the market had reached a new normal. He predicted that interest rates would continue to rise, but then drop again, leading to increased buying and further price hikes. Mike found this concept difficult to accept. Exploring Assisted Living Rental Market Potential Tyler and Mike discussed the potential of the rental market, particularly in the assisted living sector. They highlighted the demand for such services due to an aging population and the suppression of individual user costs in this sector, which they predicted would soon explode. They also outlined their strategy of leasing properties to Alf operators for five-year terms, reducing risks and ensuring stability. Tyler and Mike closed the meeting by inviting listeners to their upcoming webinar and emphasized the importance of protecting against inflation in investments. Next Steps Register for the next webinar at cashflowguys.com/webinar

In this episode, Tyler breaks down the tidal wave that's coming and explains what you can do to improve your financial future beginning today.

In this episode, Tyler breaks down some actionable tips to help you deal with the current rent affordability crisis in America

In this episode, Cash Flow Guy Mike Marino interviews Elliot Kallen who is the CEO or Prosperity Financial.  They discuss the current state of the U.S. and global economy and why he believes the looming financial recession will be a mild one.

In this episode, Mike and Tyler sit down with Terry Judge, CEO of CORE Speciality Tax and Engineering.  Core is a firm that assists real estate investors in reaping massive tax benefits that come from employing cost segregation studies.  You can reach Terry and his team via email at: terryjudge@coreadvisors.net

In this episode, Tyler covers his 10 most practical ways to find the owners of abandoned houses.

In this episode, we break down the common missed opportunities that come from sticker shock.

In this episode, Mike and Tyler discuss the 5 ways to fix zoning problems as listed below: Understand the zoning laws in your area. The first step to working through zoning issues is to understand the zoning laws in your area. This includes knowing what types of uses are allowed in different zones, as well as the specific regulations that apply to your property. You can usually find zoning information on your local government's website. Talk to your neighbors. Zoning issues can often be resolved through informal discussions with your neighbors. If you are concerned about a proposed development, talk to your neighbors to see if they share your concerns. You may be able to work together to find a solution that everyone is happy with. Contact your local zoning board. If you cannot resolve the zoning issue with your neighbors, you may need to contact your local zoning board. The zoning board is responsible for enforcing zoning laws, and they may be able to help you resolve the issue. File a zoning appeal. If you are not satisfied with the zoning board's decision, you may be able to file a zoning appeal. A zoning appeal is a legal challenge to a zoning decision. If you file a zoning appeal, you will need to present evidence that the zoning board's decision was incorrect. Work with your elected officials. If you are unable to resolve the zoning issue through the zoning process, you may need to work with your elected officials. Your elected officials can introduce legislation to change zoning laws, or they can pressure the zoning board to make a different decision. Working through zoning issues can be a complex process, but it is important to remember that you have rights. If you are facing a zoning issue, do not hesitate to seek help from your neighbors, your local zoning board, or your elected officials.  

In this episode, Tyler discuss tips on how to invest even though interest rates are through the roof.

In this episode, Mike and Tyler discuss the easiest way to get your next deal going...tune in and take a listen!

In this episode, Tyler discusses his new special friend...Claude Ai

In this episode, Mike and Tyler discuss a recent video put out by Joe Brown from Heresey Financial.  We feel those waiting for a big crash in real estate may wind up being disappointed, listen in to learn more...

In this episode, Tyler and Mike discuss several opportunities they recently discovered in a small town.

In this episode, Tyler breaks down the issue of the Breach of Contract and discusses how to avoid it as well as how to work throught it when it hapens.

In this video we distill down  the current economic news and hype to get to the facts.

In this episode, Tyler discusses the current state of the economy as it relates to inflation and what to do about it.  Many people are under. the impression that once inflation is reduced, prices will go down accordingly which is simply not true....listen in for more on this topic

In this episode I discuss 20 ways to use Chat GPT as a Real Estate Investor.

In this episode, Mike and Tyler unpack how to be safe when buying with DSCR Loans.

In this episode, Mike Marino and Tyler Sheff discuss under-the-radar tips on how to make money from the upcoming secret tsunami.

In today's crazy world, it's easy to get confused when it comes to investing in anything.  We believe there are ways to simplify the craziness which is what we discuss in this episode of the podcast.

In this episode, Mike and Tyler share what they have learned by working with the staff of numerous local governments.

Have you ever missed an opportunity for a great deal?  Well if you are anything like us you definitely have...in this episode, Mike and Tyler discuss the steps on how to recover from a missed opportunity.

In this episode of the Cash Flow Guys Podcast, co-hosts Tyler Sheff and Mike Marino tackle the crucial topic of overpaying for properties and its detrimental effects on cash flow. They delve into common mistakes such as overestimating property value, accepting misleading projections, and underestimating expenses. Tyler and Mike provide listeners with practical solutions, including utilizing income and expense verification tools, questioning appraisals, and obtaining accurate cost estimates. They also explore alternative options if you've already overpaid, such as repurposing properties or expanding square footage. Join Tyler Sheff and Mike Marino as they share invaluable strategies for safeguarding investments and maximizing cash flow in the real estate market.

The Crucial Role of Zoning Regulations for Real Estate Investors Understanding the intricacies of zoning regulations is paramount for real estate investors looking to maximize their opportunities and minimize risks. Zoning regulations, put in place by local governments, dictate how land can be used within specific areas. These regulations establish different zones, such as residential, commercial, or industrial, each with its own set of permitted uses, building codes, and restrictions. As a real estate investor, having a comprehensive understanding of zoning regulations is essential for making informed decisions, identifying profitable investment opportunities, and navigating potential challenges. Zoning regulations act as a blueprint for urban planning, ensuring the harmonious coexistence of various land uses and protecting property values. By familiarizing themselves with local zoning codes and restrictions, real estate investors can assess the feasibility and potential of a property for their intended purpose. For instance, if you plan to develop a commercial property in a residential zone, you might face zoning hurdles and restrictions. However, by being knowledgeable about zoning regulations, you can proactively identify suitable properties that align with your investment goals and avoid costly surprises. Furthermore, understanding zoning regulations helps real estate investors anticipate future market trends and development opportunities. Zoning changes, such as rezoning residential areas for mixed-use developments or creating designated zones for certain industries, can significantly impact property values and investment potential. Staying informed about zoning updates and proposed changes in the local area allows investors to adapt their strategies and capitalize on emerging opportunities. Additionally, being aware of potential zoning challenges and restrictions enables investors to develop comprehensive mitigation plans and seek necessary approvals, ensuring smooth transactions and successful projects. Lastly, a solid grasp of zoning regulations is indispensable for real estate investors. By understanding zoning codes, investors can make informed decisions, identify suitable properties, navigate challenges, and seize opportunities that align with their investment objectives. Keeping a pulse on zoning changes and updates empowers investors to stay ahead of the game, unlock hidden potential, and thrive in the dynamic real estate market.

In this episode, Tyler Sheff shares his experience with utilizing the Airbnb platform to generate extra income from a rental property. He had a tenant who was having trouble paying rent, so he offered to renovate the apartment in exchange for exclusive control of the property for eight months of the year. Tyler and his team spent $3,000 to renovate the apartment, and then he rented it out on Airbnb for the remaining eight months, generating significantly more income than he had previously. Tyler eventually ended his arrangement with the tenant, but he continued to lease out the property on Airbnb and it became his top-performing apartment. Later in the conversation, pilot Mike Marino discusses how he has been able to generate income by leasing a four-bedroom house to fellow pilots who need a place to sleep between flights. He chose to lease instead of buy because he wanted to maintain control of the property without taking on all the financial responsibilities of ownership. Tyler emphasizes that there is no one-size-fits-all approach to real estate investing, but it's important to consider all options before making a decision.

In this episode, Tyler answers a serious of listener questions in regard to the previous episode about making offers.

In this episode, Tyler discusses tips to overcome the fear of making offers of any kind, not just in real estate.

In this episode, Tyler and Mike discuss the benefits of socially responsible investing.

In this episode, Mike and Tyler dig into a recent event regarding a "wholesaling Realtor" who was trying to sell a property he did not have listed.  

In this episode, Mike unleashes massive value with an under-the-radar trick to grow your 401K using TAX FREE money!

In this episode, Mike and Tyler interview Richard Roop, the world's foremost expert on using artificial intelligence to supercharge your real estate investing business in 2023.  During the episode, Richard revealed several under-the-radar methods of mining the best information possible from AI.  By visiting cashflowguys.com/roop you can join his upcoming FREE mastermind where you will learn how to use AI tools in such a way that reduces your workload while streamlining your lead generation.  Need to raise money for your deals?  Looking for deals in your local market and don't know where to look or who to talk to?  Not anymore!  These tools will give you the answers you have been wanting and need to take your business to the next level.  Here at Cash Flow Guys we have been implementing AI tools to grow our database such that we can serve more people who want to invest in senior living homes.  Stay tuned for upcoming episodes where Mike and I learn from Richard and immediately implement what we learn as we participate in Richard's "Aim High" Mastermind!