Andrew McCormick and Vince Rodriguez of AnVi Invest talk real estate, investment and entrepreneurship.
In this episode of the RE Social Podcast, hosts Andrew McCormick and Vince Rodriguez sit down with Linda Kim, a former tech professional who made the leap into high-end short-term rentals with remarkable success. Linda shares her journey from leveraging mentorship programs to setting up profitable properties at lightning speed. She shares invaluable insights on the power of design, strategic market choices, and the differences between buying and renting properties for Airbnb. She also reflects on the business models, discussing Airbnb arbitrage, property management strategies, and the benefits of high-quality interiors. If you're new to short-term rentals or looking to level up your investment strategy, this episode is surely for you. Tune in to get all the helpful details!Key Takeaways00:00:00Welcome to the RE Social Podcast00:02:05The Mentorship Experience00:04:42Designing High-End Rentals00:06:19Managing Properties with Quality00:13:23Financials and Profit Margins00:31:42How to Expand to New Markets00:33:39Building Relationships with Agents00:34:07Property Repairs and Contracts00:37:20Setting Up Properties Efficiently00:38:56Financial Strategies and Mentorship00:42:07Future Plans and Market Exploration00:48:56Tax Strategies and Ownership00:51:47Connect with LindaResources and LinksLinda Kim Designs https://www.lindadesignsart.com/Olive Gold Collective https://www.instagram.com/olivegoldcollective/Connect with Lindahttps://www.instagram.com/itslinda.kim/https://www.linkedin.com/in/linda-kim-43937b10/https://www.youtube.com/@lindakimmNeed Help? BOOK A CALL:https://anviinvest.com/consulting/ Learn more about AnVi Invest
In this episode of the RE Social Podcast, hosts Andrew McCormick and Vince Rodriguez discuss recent developments in their real estate ventures, including property acquisitions, management strategies, and ongoing rehab projects. They emphasize the importance of quality in property management and share insights from their Airbnb experiences. This episode also touches on marketing strategies, customer engagement, and future goals for growth in the real estate market. They talk about the shift in goals toward a more balanced lifestyle, focusing on more strategic investments, particularly in Tennessee. The importance of seeing properties, building authentic relationships, and evolving sales skills are highlighted. They also share insights on market predictions and the economic landscape, encouraging listeners to take action and invest wisely. Don't miss this episode packed with insights. Listen now!Key Takeaways00:00:00 Welcome to the RE Social Podcast00:01:56 Property Acquisition & Management Strats00:05:31 Rehab Projects and Enhancements00:09:50 Lessons from Airbnb Experiences00:17:30 Marketing and Customer Engagement00:21:49 Future Goals and Vision for Growth00:24:10 Shifting Goals and Lifestyle Changes00:27:32 How to Build Authentic Relationships00:30:52 Understanding Passive Income00:32:43 Pros and Cons of Solo Investing00:34:08 The Importance of Taking Action00:35:32 Coaching and Group Programs00:36:29 Market Predictions and Economic InsightsQuotes"If it's not excellent, it's out. We're putting our money where our mouth is spending $100,000 in 60 days." (00:02:24)"I was just tired of losing money and tired of being underserved in every aspect. So I finally said, you know what? Let's just get it right." (00:07:47)"You have to stand out. We followed a lot of great advice—choosing high-quality mattresses, incorporating plants, and focusing on design. But one thing we didn't do well was differentiating ourselves. Find a niche. Do something different." (00:20:20)Resources and LinksYelp https://www.yelp.com/aboutNeed Help? BOOK A CALL:https://anviinvest.com/consulting/ Learn more about AnVi Invest
In this episode of the RE Social Podcast, hosts Andrew McCormick and Vince Rodriguez talk with Skylar Romines, Insurance Specialist and Founder/Owner at ATW Advisors, to break down the biggest challenges facing property investors, particularly in California, where wildfires and government policies are reshaping the landscape. Skylar shares expert insights on proactive insurance management, the cyclical nature of the industry, and how investors can protect their assets. They also dive into entrepreneurship, the power of personal branding, and the role of social media in business success. Plus, they discuss the importance of empowering women in business, real estate as an inflation hedge, and strategies for diversifying investments. Don't miss this value-packed episode. Tune in now!Key Takeaways00:00:00 Welcome to the RE Social Podcast00:03:01 The Rise in Insurance Costs00:05:53 The Impact of Wildfires on Insurance00:09:09 Advice for Investors in High-Risk Areas00:11:57 Insurance Policies for Property Owners00:17:54 The Future of Insurance in California00:24:01 The Importance of Property Insurance00:32:54 Business Growth and Future Plans00:43:19 How to Fight Against Inflation00:49:07 Diversifying Investment Strategies00:52:12 Empowering Women in Business00:56:21 How to Build a Personal Brand01:01:36 Connect with SkylarQuotes"Building a really strong insurance team and being proactive about your insurance are two of the best ways to reduce operating expenses and improve your NOI." (00:02:44)"One of the biggest issues I see is that people buy insurance without realizing that not all insurance is created equal." (00:31:22)"You want people to feel like they know you while also remembering that you're the insurance person. This helps build a more natural networking arc, where you're not just talking about insurance all the time." (01:01:27)Resources and LinksSO SHE DID by Skylar Romines https://a.co/d/4Tq8CrjConnect with Skylarhttps://www.instagram.com/skylarromines/https://www.linkedin.com/in/1skylar/https://x.com/skylarromineshttps://atwadvisors.com/Need Help? BOOK A CALL:https://anviinvest.com/consulting/ Learn more about AnVi Invest
In this episode of the RE Social Podcast, hosts Andrew McCormick and Vince Rodriguez talk to Joseph Pesiri about the crucial role of high-quality visuals in real estate, breaking down how great images can boost bookings, sales, and overall property appeal. Joseph shares his journey from wedding photography to real estate, revealing the unique techniques that make properties stand out, from strategic lighting and angles to post-production magic. They also dive into the benefits of aerial and video marketing, the power of storytelling through images, and why investing in professional photography is a game-changer. Whether you're an agent, investor, or Airbnb host, this episode is packed with actionable insights to help you maximize your listings. Tune in to this episode now!Key Takeaways 00:00:00Welcome to the RE Social Podcast 00:03:02Importance of Professional Photography 00:05:48How to Create a Compelling Narrative 00:09:02The Impact of Quality Photos on Rentals 00:11:59Post-Production Techniques 00:14:50Real Estate Challenges and Solutions 00:18:03From Wedding to Real Estate Photography 00:21:03Professional Services in Real Estate 00:29:11Building Relationships in Real Estate 00:31:02The Power of Aerial and Video Marketing 00:35:26How to Create Engaging Property Listings 00:39:23Tips for Amateur Photography 00:45:16Lighting Techniques for Photography 00:48:05Connect with JosephResources and Linkshttps://www.pesiriphotography.com/https://www.jtpstudio.com/Connect with Josephhttps://www.linkedin.com/in/joseph-pesiri-6837823a/https://www.instagram.com/jtp_studios/Email: info@JTPstudio.comPhone: (949) 922-1500Need Help? BOOK A CALL:https://anviinvest.com/consulting/ Learn more about AnVi Invest
In this episode of theRE Social Podcast, hostVince Rodriguez chats withBen Spiegel, founder ofRedwood Capital, to uncover his unique approach to real estate investment. Ben shares how his firm focuses on cash flow and risk-adjusted returns, staying asset-agnostic while building a diverse portfolio that includes multifamily buildings, mobile home parks, and RV parks. He takes us through his journey from Barclays Capital Investment Banking to launching Redwood Capital and offers invaluable insights on sourcing off-market deals, managing properties, raising capital, and navigating market shifts. Tune in for expert advice on how to break into real estate, the power of partnerships, and his views on home ownership vs. renting. Don't miss this episode. Listen now!Key Takeaways00:00:00Welcome to the RE Social Podcast00:01:32Early Investments and Strategies00:05:25Challenges in Real Estate00:08:54Crazy Eviction Laws00:19:05Asset Management and Team Structure00:24:00Property Management and Incentives00:29:47Asset Agnostic Approach00:32:03Implementing Chat Bots for Efficiency00:34:51Advice for New Investors00:35:30Finding Off-Market Deals00:39:10How to Partner for Success00:40:11Leveraging W2 Income for Investments00:42:07Special Situations and Unique Deals00:49:29Home Ownership vs. Renting00:54:49Connect with BenResources and Linkshttps://rwcapitalinvestments.com/https://www.linkedin.com/company/redwoodcapital/https://www.amazon.com/Raising-Private-Capital-Building-Peoples/dp/1947200984 Connect with Benhttps://www.linkedin.com/in/ben-spiegel/operations@rwcapitalinvestments.combspiegel@rwcapitalinvestments.comNeed Help? BOOK A CALL:https://anviinvest.com/consulting/ Learn more about AnVi Invest
In this episode of the RE Social Podcast, hosts Andrew McCormick and Vince Rodriguez interview Jeff Chheuy, a San Diego-based investor who made the leap from his pharmacy career to full-time real estate investing. Jeff shares how his family's real estate background and his own drive led him to focus on long-distance investments, highlighting the financial benefits of targeting smaller markets. He dives into the strategies that help him maximize returns, including leveraging credit, working effectively with contractors, and staying ahead of state regulations. He also talks about the importance of mentorship, overcoming challenges, and building a solid foundation for long-term success. Don't miss this episode packed with actionable advice and inspiration. Listen to this episode now! Key Takeaways 00:00:00Welcome to the RE Social Podcast 00:00:21Jeff's Background and Career Shift 00:02:56His First Steps in Real Estate 00:05:40Lessons from Early Investments 00:08:56Challenges and Successes in STRs 00:11:08How to Explore New Markets 00:14:46West Virginia Investment Insights 00:21:03How to Use an Airbnb Calculator 00:25:43What to Focus on as an Investor 00:33:07Financing and Loan Strategies 00:38:31Property Details and Amenities 00:40:59Revenue and Refinancing 00:52:42Challenges with Contractors 00:58:15Real Estate Market Insights 01:02:21Future Plans and Advice 01:08:05How to Connect with Jeff Resources and Links Airbnb Calculator https://rabbu.com/ Connect with Jeff https://www.instagram.com/jeffchheuy/ https://www.youtube.com/@jeffchheuy https://teeco.co/who-we-are Need Help? BOOK A CALL: https://anviinvest.com/consulting/ Learn more about AnVi Invest
In this episode of the RE Social Podcast, hosts Andrew McCormick and Vince Rodriguez chat with Nicholas Pardini, partner at wealth management firm Spearhead Advisors and host of the YouTube channel Analyzing Finance with Nick, to explore his path from hedge fund analyst to wealth management expert. Nick shares insights into Spearhead Advisors' tailored approach for high-net-worth clients and growing businesses, highlighting the importance of consistency, risk tolerance, and the balance between stocks and real estate. He breaks down his analytical investing approach, focusing on profitability, earnings growth, and debt management. This episode concludes with actionable tips for new investors, emphasizing the critical role of building a strong primary business as the cornerstone of wealth creation. Tune in for expert advice and strategies to elevate your financial game! Key Takeaways 00:00:00Welcome to the RE Social Podcast 00:00:16Meet Nick Pardini of Spearhead Advisors 00:03:03Understanding High Net Worth Individuals 00:09:11Risk Tolerance and Client Profiles 00:14:06Real Estate vs. Stock Market Investments 00:18:54The Role of REITs in Investments 00:26:07Capital Asset Pricing Model 00:33:45Private Equity vs. Public Equities 00:37:00Mentorship and Education Matters 00:39:24Learn about International Markets 00:45:23Real Estate vs. Stocks 00:57:41Tips and Strategies for Beginners 01:04:20Entrepreneurship vs. Employment 01:08:27Connect with Nick Resources and Links Analyzing Finance with Nick https://www.youtube.com/@afnick Nick's Present Value (Substack) https://nickpardini.substack.com/ Connect with Nicholas https://www.instagram.com/thenicholaspardini/ https://www.youtube.com/@afnick https://www.nickpardini.com/ Learn more about AnVi Invest
In this episode of the RE Social Podcast, hosts Andrew McCormick and Vince Rodriguez sit down with their first major external investor, Steve Diaz also known as “Stevie D”, to uncover his inspiring story. They delve into his background, where he shares his work ethic and early jobs, illustrating his journey from working construction with his dad to buying his first car as a teenager. The conversation shifts to Steve's successful real estate investment journey, highlighting his partnership with them and the significant returns on his investments. They also discuss the importance of trust, finding reliable partners, and leveraging existing resources like 401Ks and stocks. They reflect on their strategic approach to real estate, leveraging, and the benefits of working with like-minded partners. The episode also covers various investment milestones and future plans, providing insightful advice for potential investors and emphasizing the values of collaboration and smart decision-making. Tune in to learn more! Key Takeaways 00:00:00Welcome to the RE Social Podcast 00:00:44Steve's Background and Early Work 00:02:19His First Jobs and Education 00:05:56How Did He Transition to Real Estate 00:14:22First Real Estate Investment 00:23:59What is the “Steve Deal” 00:28:46Real Estate Deals During COVID 00:29:09The Importance of Refinancing 00:30:26A Winning Strategy in Real Estate 00:31:43How to Leverage Your 401k 00:34:10The Power of Partnerships 00:35:58Investing with Friends and Family 00:38:20Benefits of Real Estate Over Stocks 00:42:20Building Trust in Investments 00:50:15Final Thoughts and Future Deals Resources and Links Invest Like a Shark by James DePorre https://www.amazon.com/Invest-Like-Shark-Limited-Investing/dp/0132213087 Books by Warren Buffett https://www.goodreads.com/author/list/756.Warren_Buffett Connect with Steve https://www.meetup.com/re-social/ Learn more about AnVi Invest
In this episode of the RE Social Podcast, hosts Andrew McCormick and Vince Rodriguez discuss their journey in real estate investing, share highlights from a recent meetup, and emphasize the importance of staying involved and vigilant in business operations. They talk about key learning experiences, including dealing with unexpected setbacks and integrating price management tools like PriceLabs with Airbnb. They explore their unique approach to partnership models focusing on equity rather than debt to ensure both risks and rewards are shared. Finally, they highlight their coaching services and the importance of working with experienced mentors like them! This episode provides valuable insights for both new and experienced real estate investors. Listen to this episode now! Key Takeaways 00:00:00Welcome to the RE Social Podcast 00:00:41Meetup Recap and Future Plans 00:03:19Our Crisis and Challenges 00:04:27How to Manage Furnished Rentals 00:07:44Lessons in Business Management 00:12:31Our Growth and Milestones 00:13:09Our Real Estate Journey Timeline 00:15:42How to Overcome Market Challenges 00:18:18Current Investments and Future Outlook 00:19:30Why Invest with AnVi Invest 00:20:02Overcoming Excuses to Invest 00:20:37Go From Zero to Million-Dollar Assets 00:21:44The Struggles of the First Deal 00:24:49Coaching Success Stories 00:28:07The Importance of Real Experience 00:29:33Equity vs. Debt Partnerships 00:36:42Final Words of Wisdom Resources and Links PriceLabs https://hello.pricelabs.co/ Airbnb https://www.airbnb.com/ Learn more about AnVi Invest
In Part 2 of this episode of the RE Social Podcast, host Vince Rodriguez of AnVi Invest and Zach Lemaster, CEO of Rent to Retirement continue their insightful discussion on innovative investment strategies, with a spotlight on new construction projects and high-potential asset classes across the Southeast U.S. They break down the importance of builder incentives, such as securing down payment reductions and cash back at closing, and highlight the power of leveraging tools like a wealth calculator to track and forecast property performance effectively. They also delve into maximizing tax benefits for high-income earners, navigating different financing options, including DSCR and conventional loans, and understanding the nuances of builder negotiations. Don't miss out, tune in now to learn how to build wealth with confidence! Key Takeaways 00:00:00Introduction to RE Social Podcast 00:00:40Investment Strategies and Market Insights 00:01:36Property Management Tips 00:02:16How to Use the Wealth Calculator 00:03:50Insurance and Property Risks 00:05:10Builder Incentives and Immediate Equity 00:07:53Loan Options and Tax Benefits 00:10:36Prime Properties and MTRs 00:15:37Preferred Lenders & Management Companies 00:22:18How to connect with Zach Resources and Links Wealth Calculator https://www.renttoretirement.com/resources-tools#wealth-calculator Rent to Retirement https://www.renttoretirement.com/
In Part 1 of this episode of the RE Social Podcast, host Vince Rodriguez welcomes Zach Lemaster, CEO of Rent to Retirement, to reveal how turnkey real estate could be your key to successful, hands-off investing. Zach discusses how his company is revolutionizing the industry with nationwide turnkey and build-to-rent investments, focusing on new construction properties in high-potential markets paired with unique loan options. He also shares his journey from optometry to real estate, the challenges he overcame, and practical tips for beginners looking to enter or expand in the market. Packed with actionable insights and proven strategies, this episode is a must-listen for anyone navigating real estate investing. Don't miss it, tune in now! Key Takeaways 00:00:00Introduction to RE Social Podcast 00:00:16Get to Know Zach Lemaster 00:00:52Turnkey Real Estate Investments 00:01:36What Sets Rent for Retirement Apart 00:04:29Unique Loan and Financing Options 00:09:29The Right Markets for Investment 00:22:51Property Management and Local Teams 00:27:20Pensacola and Dothan Investments 00:27:44From Optometry to Real Estate 00:30:06The Birth of Rent to Retirement 00:31:35What to Learn from Mistakes 00:38:00The Importance of Mindset in Real Estate 00:43:08Actionable Advice for Aspiring Investors 00:47:25Get Started with Rent to Retirement Resources and Links BiggerPockets https://www.biggerpockets.com/ Zen and the Art of Real Estate Investing https://zenandtheartofrealestateinvesting.com/ Rent to Retirement https://www.renttoretirement.com/
In this episode of the RE Social Podcast, host Vince Rodriguez sits down with Curtis May, founder of Practical Wealth Advisors and host of The Practical Wealth Show, to dive into his wealth-building journey and unconventional financial strategies. Curtis highlights the power of cash flow mapping, exposes the limitations of traditional budgeting, and explains how to leverage whole life insurance and the infinite banking concept for business and real estate growth. The episode also covers essential topics like liquidity management, debt elimination, and building strong financial teams. Curtis breaks down advanced concepts like trusts, the Rule of 72, and smart tax strategies, offering practical advice inspired by 'Rich Dad Poor Dad.' The conversation also touches on how successful athletes like Shaquille O'Neal and Magic Johnson have applied these principles. Tune in to discover the five pillars of wealth and the three key rules for investing that can transform your financial future. Key Takeaways 00:00:00Introduction to RE Social Podcast 00:00:12Get to Know Curtis May's Journey 00:01:06Principles of Financial Planning 00:03:53Cashflow Mapping and Budgeting Tips 00:11:46Importance of Savings and Independence 00:18:13Leveraging Life Insurance for Growth 00:26:54Business and Real Estate Deals 00:32:54Acquisition and Cash Flow 00:34:21Optimizing Business Assets for Growth 00:35:40Athlete Success Stories in Business 00:45:36Five Key Principles of Wealth Building 00:50:06The Three Essential Rules of Investing 00:57:56Power of Whole Life Insurance 01:05:39Understanding Key Economic Principles 01:07:26Debt-Free for Life Program Insights 01:08:30Building Wealth Through Insurance 01:14:43Financial Literacy Education 01:15:58Engaging with Finance Content Creators 01:25:03Political and Economic Impacts 01:35:58Connect with Curtis Resources and Links Discover your Financial Freedom Score https://curtis-wbwb4naf.scoreapp.com/ The Practical Wealth Show https://www.podpage.com/the-practical-wealth-show/ Exclusive Gift for Listeners
In this episode of the RE Social Podcast, hosts Andrew McCormick and Vince Rodriguez dive into the potential impact of the upcoming election on real estate and other key sectors. They break down how swing states could sway election results and discuss the importance of understanding how political policies shape the real estate market. This episode explores whether Trump or Harris would create better conditions for investors, analyzing the effects of each administration's policies on taxes, regulations, and business incentives. They stress the need for a balanced political perspective while advising listeners to stay focused on informed investing, regardless of election outcomes. Listen now to gain critical insights that will help you navigate the market through uncertain political times! Key Takeaways 00:00Introduction to RE Social Podcast 00:22Election Predictions and Speculations 01:22Swing States and Election Dynamics 03:29Impact of Election on Real Estate 08:02Trump vs. Harris' Policies 16:45Mindset and Success in Real Estate 19:36The Impact of Elections on Investments 20:32Tenant-Friendly Policies 21:18Challenges of Being a Landlord 24:56Fiscal Policies and Business Incentives 31:25The Importance of Consistent Investment 33:59Coaching and Making Informed Decisions 36:56Final Thoughts Learn more about AnVi Invest
In this episode of the RE Social Podcast, hosts Andrew McCormick and Vince Rodriguez welcome back Neal Bawa to explore the shifting landscape of real estate amidst recent economic changes. They dive into the impact of interest rate cuts, the growing concerns around multifamily investments, and the evolving future of the single-family rental market. Neal shares his thoughts on how these market trends are shaping investment opportunities, highlighting key differences between multifamily and single-family sectors. He also touches on how political shifts could affect the real estate industry, and Neal gives a behind-the-scenes look at his current projects focused on developing affordable rental townhomes to meet market demands. Tune in for expert insights into navigating the complexities of today's real estate market! Key Takeaways 00:00Welcome Back Neal Bawa 00:36Economic Climate and Interest Rates 01:47Single Family vs. Multifamily Impact 03:46Market Strategies and Predictions 08:51Multifamily Market Overview 16:02Real Estate Supply vs. Demand 20:00Immigration's Effect on Housing 22:11Future Market Trends 26:30Immigration Policies in the US 29:01Trump vs. Harris: Immigration & Economy 30:09Senate's Role in Political Stability 30:38Investment Opportunities 34:24Multifamily Market Distress 41:05Single Family vs. Multifamily Debate 44:27Future of Single-Family Homebuilding 46:11Top Markets for Investments 48:44Mission 10K: Affordable Townhomes 50:51Connect with Neal Resources and Links https://mission10k.com/ https://grocapitus.com/ Connect with Neal https://www.linkedin.com/in/neal-bawa https://www.instagram.com/nealbawa/ https://multifamilyu.com/ Learn more about AnVi Invest
In this episode of the RE Social Podcast, host Vince Rodriguez welcomes Joe Brady, a seasoned expert in commercial real estate with over 35 years of experience, particularly in the retail sector. Joe shares his journey from being a Burger King franchisee to heading the real estate portfolio at Walgreens, managing over 9,000 stores. He discusses his ventures in developing and investing in retail real estate, the impact of the pandemic on office spaces, and the transformation of work culture. Joe also delves into current trends, economic outlooks, and what to consider in the evolving real estate market. Additionally, he introduces his book 'Work Shop,' exploring the future of work and the decoupling of work and office spaces. Tune in for expert insights essential for seasoned real estate professionals and newcomers looking to navigate the changing market. Key Takeaways 00:00 Get to know Joe Brady 01:46 Walgreens Property Strategy 04:02 Joe's Journey in Real Estate 09:26 The Evolution of Retail Real Estate 13:26 Joe's Current Deals and Projects 25:05 Pandemic's Impact on Workspaces 29:14 Pushback Against Office Mandates 30:28 The Future of Office Spaces 32:05 New Collar Economy and Flexible Work 33:59 Key Strategies for Real Estate Success 40:42 Opportunities on the Horizon 44:59 Interdisciplinary Real Estate Approach 51:21 Connect with Joe Resources and Links Work Shop by Joe Brady https://www.amazon.com/Work-Shop-consumer-driven-transformation-Commercial/dp/1998756734 Trammell Crow, Master Builder by Robert Sobel https://www.amazon.com/Trammell-Crow-Master-Builder-Americas/dp/0471613266 Connect with Joe https://www.linkedin.com/in/joebrady03/ https://joebrady.ai/ Learn more about AnVi Invest
In this episode of the RE Social Podcast, hosts Andrew McCormick and Vince Rodriguez share behind the scenes of their recent Europe trip and dive deep into the lessons they've learned from their real estate journey. From mingling with Brits to navigating lawsuits and investment strategies, they share their experiences of early investments in Bakersfield and the importance of understanding market dynamics. The duo also emphasizes perseverance, the role of insurance, and the power of coaching in achieving real estate success. Tune in for insider tips, a glimpse into their future plans, and how you can get involved with their real estate coaching program. Key Takeaways 00:00Introduction to the RE Social Podcast 00:16Recap of the Europe Trip 01:49Lessons from Early Real Estate Ventures 05:43Lawsuits and Legal Challenges 08:27Importance of Insurance 18:59Coaching and Mentorship in Real Estate 21:36Final Thoughts on Bakersfield 25:24Building a Real Estate Empire 26:13The Reality of Real Estate Investing 29:22The Importance of Appreciating Markets 32:14Success Stories and Partnerships 37:35European Adventures and Reflections 42:38Wrapping Up and Final Thoughts Learn more about AnVi Invest
In this episode of the RE Social Podcast, hosts Andrew McCormick and Vince Rodriguez break down powerful strategies for building wealth through tax-efficient real estate investments. Drawing from a recent coaching call, they dive into cost segregation, bonus depreciation, and other methods to maximize tax benefits while sharing their personal journey of wealth-building over the past six years. They also discuss the value of delayed gratification, the importance of adding value to others, and how they've structured their lives to enjoy the freedom of travel, including an upcoming trip to Spain. Tune in to discover how education, mentorship, and continuous learning can propel you towards your financial goals. Key Takeaways 00:00Introduction to the RE Social Podcast 00:19Exclusive Coaching Insights 01:06Travel Plans and Personal Background 02:32Tax Strategies for Real Estate 03:38Understanding Cost Segregation 07:11Real Estate Professional Benefits 10:00Incentives and Tax Code Misconceptions 12:07Value Creation and Wealth Building 16:22Client Success Stories and Motivation 18:33Real Estate Investment Opportunities 19:16The Power of Providing Value 20:22Trust in Business Relationships 21:08The Underdog Phenomenon 24:16Overcoming Challenges in Real Estate 26:23The Importance of Taking Risks 30:49The Value of Coaching and Mentorship 31:27Excitement for Upcoming Travels 35:30Final Thoughts Learn more about AnVi Invest
In this episode of the RE Social Podcast, hosts Andrew McCormick and Vince Rodriguez talk to Randy Langenderfer, Founder and President of InvestArk Properties, about his journey from corporate compliance to becoming a successful real estate investor. Randy reveals his path from a limited partner (LP) to a general partner (GP), highlighting the critical aspects of property management, the roles of LPs and GPs, and the importance of net operating income (NOI) in property valuation. He also shares insights on market conditions, investment strategies, and practical advice for aspiring investors. Don't miss out on more tips on leveraging education and mentorship to advance your real estate career. Listen now to unlock valuable knowledge and take action! Key Takeaways 00:00:00Who is Langenderfer 00:02:01Limited Partner vs. General Partner 00:05:42First Investment as a Limited Partner 00:10:18Transition to General Partner 00:19:21Challenges Faced in First Deal 00:21:20Importance of Property Management 00:23:40Finding the Right People 00:26:13Mentorship Programs 00:34:25Dallas Market Overview 00:36:07Investment Strategies in Nashville 00:42:45Advice for Entering Multifamily 00:44:12Forcing Appreciation Explained 00:48:21Net Operating Income (NOI) Basics 00:49:23Residential and Commercial Properties 00:51:11Impact of Interest Rates on Properties 00:57:13Evaluating Investment Opportunities 01:01:19Long-Term Perspective in Real Estate 01:05:25Education and Networking 01:07:14Connect with Randy Resources and Links Rod Khleif https://rodkhleif.com/ Brad Sumrok https://bradsumrok.com/ Lifestyles Unlimited https://lifestylesunlimited.com/ Connect with Randy https://www.linkedin.com/in/randy-langenderfer/ https://www.invest-ark.com/ https://multifamilymaestros.com/ Learn more about AnVi Invest
In this episode of the RE Social Podcast, hosts Andrew McCormick and Vince Rodriguez talk about how they made $1 million in real estate from Bakersfield, a city that many overlooked! They share stories about buying and selling properties, including a key deal at 713 Iris Bakersfield. They discuss the challenges they faced, how government policies, market changes, and inflation affected their investments. They also explain the importance of having the right partners, taking smart risks, and managing cash flow and property value. Tune in now to learn some tips on achieving this success and the hard work needed to get there! Key Takeaways 00:00:00$1 Million Out of a Ridiculed City 00:01:56Property Investment Journey 00:04:12Challenges and Learning Experiences 00:07:02Reason for Investing in Bakersfield 00:13:27Profits and Property Management 00:16:01Selling and Buying in Orange County 00:20:35Managing Properties in Different Areas 00:23:48Balancing Cash Flow and Appreciation 00:32:40Risk Tolerance in Investments 00:35:20Work-Life Balance and Passion 00:36:22Passive Income and Investment Options 00:39:35Starting Small and Partnering 00:41:25Coaching and Personal Growth Resources and Links Keller Williams https://www.kw.com/ Learn more about AnVi Invest
In this episode of the RE Social Podcast, hosts Andrew McCormick and Vince Rodriguez interview Joe Ramos, a real estate investor and the Director of Investor Relations at JSJR Asset Management LLC, about his inspiring journey in real estate investing. Joe shares how he purchased his first house in 2008 using an FHA loan and his 401K, and emphasizes the importance of building a reliable team, overcoming financial hurdles, and learning from both successes and failures. He highlights strategic partnerships, creative financing, and the value of hard work and saving. Joe also dives into his experiences with flipping properties, out-of-state investments, and the significance of setting clear goals and taking calculated risks in real estate. Tune in to discover more insights and practical advice from Joe. Listen now! Key Takeaways 00:00:00Who is Joe Ramos 00:03:36Lessons from Early Investments 00:11:13Challenges with City Regulations 00:17:49The First House Purchase 00:19:04Starting to Make Money 00:21:05Tax Incentives 00:27:36Building a Real Estate Team 00:30:21FHA Loan Insights 00:34:26The 401K Program 00:37:00Out-of-State Investments 00:41:34Leveraging Relationships 00:49:12Expanding Real Estate Portfolio 00:50:53Flip Business in Atlanta 00:51:24Bringing Value as a Partner 00:54:18Deal Analysis 00:58:43Equity Partners vs. Lenders 00:59:45Investing in Multiple Locations 01:07:40Living Below Your Means 01:16:02Surrounding Yourself with Visionaries 01:19:08Connect with Joe Resources and Links Airbnb https://www.airbnb.com/ Big Bear https://www.bigbear.com/ Pad Split https://www.padsplit.com/ The 7 Habits of Highly Effective People by Stephen R. Covey https://a.co/d/04rO4bZe Land Shark Financial Freedom Podcast https://podcasts.apple.com/us/podcast/land-shark-financial-freedom-podcast/id1605191209 Connect with Joe https://www.instagram.com/so_cal_traveler/ https://www.instagram.com/thelandsharkpodcast/ https://www.linkedin.com/in/joe-ramos881/ https://www.youtube.com/@socaltraveler881 https://www.jsjrconsult.com/ Learn more about AnVi Invest
In this episode of the RE Social Podcast, hosts Andrew McCormick and Vince Rodriguez are joined by Christian White, founder of Newport Social Group, to discuss his remarkable success in the real estate market brought by the relationships he made along the way. Christian discusses his diverse background and entrepreneurial journey. From his naval service to commercial real estate, Christian talks about his success in the mid-term rental market, catering to traveling professionals and pivoting to serve local individuals in need. He shares his experience starting a landscaping business, emphasizing the value of hard work, freedom, and the importance of building strong relationships. Christian also delves into his book entitled “The Fastlane to Building Relationships” as he highlights the significance of networking and how he created his own Social Ecosystem. Tune in to this episode now and don't forget to leave us a review to show your support! Key Takeaways 00:00:00 Who is Christian White 00:01:04 Mid-term Rental Space 00:07:30 Future Property Acquisition 00:10:51 Business Ideas and Testing 00:12:02 Landscape Business 00:15:36 Leveraging Network for Business Growth 00:23:23 Social Intelligence 00:27:17 Newport Social Group 00:31:00 Benefits of In-Person Interaction 00:34:53 The Value of Social Capital 00:44:47 Leading with Value in Social Events 00:48:57 Negotiating and Creating Value 00:50:32 Sales Skills and Negotiation 00:53:35 Economic Sentiment and Real Estate Market 00:58:00 Overcoming Fear of Failure and Taking Risks 01:01:34 Learning from Successful Individuals 01:06:42 Future Real Estate Plans 01:09:54 Challenges in California Housing 01:12:34 Exploring Unique Property Ventures Resources and Links Roomies https://www.roomies.com/ Furnish Finders https://www.furnishedfinder.com/ Facebook Marketplace https://web.facebook.com/marketplace/ "The 4-Hour Workweek" by Tim Ferriss https://fourhourworkweek.com/ Tim Ferriss Show with Noah Kagan https://www.youtube.com/watch?v=518CG5zbh4g "The Fastlane to Building Relationships" by Christian White https://www.amazon.com/Fastlane-Building-Relationships-Curating-Ecosystem-ebook/dp/B0CKZF5P21 "The Bezos Letters" by Steve Anderson and Karen Anderson https://www.amazon.com/Bezos-Letters-Principles-Business-Amazon/dp/1642793329 Connect with Christian https://www.instagram.com/christian.white76/ https://www.linkedin.com/in/christian-e-white/ https://www.newport-socialgroup.com/ https://www.vp-landscaping.com/ Learn more about AnVi Invest
In this episode of the RE Social Podcast, hosts Andrew McCormick and Vince Rodriguez dive into the world of scaling impact through syndication with Annie Dickerson of Good Egg Investments. Annie shares her inspiring journey from teaching to becoming a successful real estate investor, starting with house hacking a duplex in D.C. and navigating challenges with out-of-state investments. The conversation delves into Annie's transition into syndication, where she discusses raising capital for larger deals and managing the delicate balance between professional success and family life. Her insights shed light on making real estate accessible, understanding the investor journey, and her acclaimed book "Investing for Good." Tune in for insights on scaling impact through syndication and creating a meaningful presence in the real estate space. Key Takeaways - Journey into real estate investing Challenges and learning curves - Transition from limited partner to co-general partner in - Diverse opportunities Strategies for business growth - Making real estate investment accessible - "Investing for Good," and its purpose - Building Good Egg Investments - Insights into the cyclical nature of the real estate market Resources and Links BiggerPockets https://www.biggerpockets.com LoopNet https://www.loopnet.com Good Egg Investments https://goodegginvestments.com Annie Dickerson's "Investing for Good" https://www.amazon.com/Investing-Good-Surprising-Strategy-Building/dp/B085HRMC8B Connect with Annie https://www.instagram.com/uncanniebanannie/?hl=en https://www.facebook.com/goodegginvestments https://www.instagram.com/goodegginvestments https://www.youtube.com/c/GoodeggInvestments Learn more about AnVi Invest
In this episode of the RE Social Podcast, hosts Andrew McCormick and Vince Rodriguez highlights the significance of mentorship and coaching in entrepreneurship, particularly in the realms of real estate investment and music school management. Andrew shares his ambition to enhance his businesses and his commitment to lifelong learning, despite already achieving notable success, including operating the top-ranked music school in Orange County. Andrew and Vince also discuss their coaching services and the benefits of having guidance in navigating the complexities of real estate. Feeling stuck and unsure how to take your business to the next level? Watch the episode today as we share our secret to success: mentorship! Resources and Links "The 4-Hour Workweek" by Tim Ferriss Zillow https://www.zillow.com Learn more about AnVi Invest
In this episode of the RE Social Podcast, hosts Andrew McCormick and Vince Rodriguez interview Sam Hales from Saratoga Group. Sam shares his journey from tech in the Bay Area to full-time real estate investing, focusing on mobile home parks across 17 states. He discusses the strategic shift from single-family homes to mobile home parks due to favorable business conditions and the opportunity for value creation in the Southeast. Sam highlights the importance of community investment and the potential for increased lot rents. The episode also delves into the technicalities of a recent deal in Greenville, North Carolina, exploring the financials, challenges, and strategies for improving the property. Sam's company's vertical integration and problem-solving capabilities are emphasized, along with the importance of immediate rewards for employee motivation. Don't miss out, tune in today! Key Takeaways 00:00:34Who is Sam Hales 00:02:03Transition to Mobile Home Parks 00:06:08Investing in Southeast Mobile Home Parks 00:09:41Enhancing Mobile Home Parks 00:17:14Next Phase of Journey 00:18:56Pros & Cons of Mobile Home Parks 00:27:18Recent Park Acquisition 00:32:26RV Resort 00:36:33Vertical Integration in Business 00:39:35Structuring a Deal 00:40:21Employee Incentives 00:50:01What is Saratoga Group 00:58:06Sam's Vision 01:03:12Contact Information Resources and Links Rich Dad Poor Dad https://www.richdad.com Open Door Capital https://odcfund.com Connect with Sam https://www.linkedin.com/in/samhales/ https://www.instagram.com/saratoga_group/?hl=en https://www.saratogagroup.com Learn more about AnVi Invest
In this episode of the RE Social Podcast, hosts Andrew McCormick and Vince Rodriguez discuss the challenges of dealing with squatters in their rental properties, particularly in California. They share personal experiences, the financial impact of squatter rights on landlords, and the legal difficulties in evicting squatters. They highlight recent legislative changes in various states and express frustration with laws that seem to favor squatters over property owners. They also offer advice on proactive measures to prevent squatting and emphasize the importance of understanding the legal environment when investing in real estate. Ready to protect your rental investments? Discover recent legislative shifts and proactive strategies to safeguard your properties. Don't let squatters disrupt your investments – stay informed and empowered with our expert advice! Key Takeaways 00:02:11Challenges with Squatter Issues 00:04:06Trespassing vs. Squatting 00:06:07Rise of Squatter Exploitation 00:10:33Tragic Consequences 00:12:24Landlord Challenges 00:13:46Legal Changes 00:18:26Dealing with Squatters 00:20:46Incentivizing Behavior 00:23:38Historical Context 00:27:20Preventing squatters 00:29:00Understanding squatter rights 00:34:21Advocating for property rights Resources and Links Zillow https://www.zillow.com Ring Camera https://ring.com/home-security-cameras Learn more about AnVi Invest
In this episode of the RE Social Podcast, hosts Andrew McCormick and Vince Rodriguez interview Chris Miles, the founder of Money Ripples, shares his expertise on achieving financial freedom, particularly through real estate investing and unique strategies like max ROI infinite banking. He discusses the importance of due diligence, market diversity, and the pitfalls of traditional financial advice. Chris also criticizes the insurance industry for prioritizing commissions over client benefits and explains how he designs policies to maximize returns. Tune in to learn more! Key Takeaways 00:31Chris "Anti-Financial Advisor" Miles 1:13Mainstream Financial Advice Sucks 5:47Chris' Timeline 8:53Max ROI Infinite Banking 14:03Screening Investments 20:01Due Diligence Process 26:12Media Influence 29:47Choosing the right market 37:44Active Investor Vs. Passive Investor 43:32Rentals 46:48Different approach from Rich Dad Poor Dad 52:19Importance of people in real estate investment 55:38Debt Journey 01:01:47Money Ripples 01:12:12Contact Information Resources and Links Money Ripples https://moneyripples.com Habit 4: Think Win-Win https://www.franklincovey.com/the-7-habits/habit-4/ Connect with Chris https://www.instagram.com/chriscmiles/ https://www.linkedin.com/in/chriscmiles/ https://www.youtube.com/channel/UCJS6bPY8sm53pkjiCSuBKMA?sub_confirmation=1 Learn more about AnVi Invest
In this episode of the RE Social Podcast, hosts Andrew McCormick and Vince Rodriguez interview Steve Andrews, a successful real estate investor and author of "The New American Dream”. Steve recounts his transformation from being $75,000 in debt to owning 300 units, attributing his success to creative financing, mentorship, and unwavering dedication. He shares his initial fears, the thrill of the investment journey, and the importance of betting on oneself over the stock market. Vince echoes the sentiment, discussing his real estate ventures and the hard work behind the scenes. They emphasize the significance of control in real estate and the perseverance required to overcome the industry's inevitable challenges. Tune in to learn more! Key Takeaways 00:00Steve Andrews' Journey 04:04Mentorship and Book Writing 07:23Real Estate Investment Roadmap 10:37Financing and Strategy 14:44Motivation and Work Ethic 17:16Betting on Yourself 20:31Control and Real Estate 24:43Financing and Local Banks 28:03Evaluating a Good Deal 33:35Investment Markets and Mistakes 41:30Squatter rights and landlord struggles 46:48Property investment strategies 50:45Recommended books and resources for success Resources and Links Steven's Book: https://www.amazon.com/New-American-Dream-Purchasing-Investment-ebook/dp/B0CSLZMCCF Building Wealth: https://russwhitney.com/ Connect with Steven https://www.instagram.com/soarx_consulting/ https://www.amazon.com/gp/aw/d/B0CSLZMCCF/ref=tmm_kin_swatch_0?ie=UTF8&qid=&sr= https://www.linkedin.com/in/steven-andrews-a7730417/ Learn more about AnVi Invest
Welcome to the RE Social Podcast, your source for real estate investing tips! In the episode, host Vince talk with guest Damion Lupo, an entrepreneur who has started over 70 companies, primarily in real estate investing. Damion shares his journey of going from a $20 million net worth to being $5 million in debt and homeless within a year due to the 2008 financial crisis. This experience led him to reevaluate his life's purpose, shifting his focus to helping people with retirement planning and working on impactful projects. He discusses FrameTec, his construction technology company, which aims to revolutionize the building process with a manufacturing facility that can frame houses and apartments in two weeks with minimal waste. Damion also talks about the financial aspects of Frame Tech, including investment opportunities, expected returns, and the risks involved. The episode concludes with a discussion on the potential for selling the project or forming partnerships. Key Takeaways 00:00Who is Damion Lupo 2:48Learning experience 2008 7:32Recovery and Finding Purpose 12:38Timeline 16:18Efficient Manufacturing Process 20:58Manufactured home 24:03FrameTec 32:09Splitting Equity 35:46Value Creation and Potential Returns 38:40Risks and Financing Strategy 43:54Per-Home Profit 46:56Contact Information Resources and Links Reinvented Life Book https://www.amazon.com/Reinvented-Life-Damion-S-Lupo/dp/0976475464 FrameTec https://www.frametec.com Connect with Damion Youtube https://www.youtube.com/c/DamionLupo Twitter https://twitter.com/damionlupo LinkedIn https://www.linkedin.com/in/damionlupo/ Website https://damionlupo.com https://eqrp.com/founder/ https://www.vitruvianventures.com Learn more about AnVi Invest
Welcome to the RE Social Podcast, your source for real estate investing tips! In this episode Andrew and Vince are joined by Kelly Bailey and Katie Lyon, of the Landlord Diaries podcast and Furnished Finder. Explore the world of real estate investing, with a focus on mid-term rentals and the benefits of Furnished Finder – a platform connecting landlords with tenants without transaction fees. Listen to their personal experiences and gain insights into the growth of mid-term rentals, the importance of proactive lead engagement, and utilizing data for market analysis. Discover strategies for success, including quality communication with tenants, effective networking, and leveraging Furnish Finder's powerful tools. Don't miss out on this insightful conversation – tune in now! Key Takeaways 00:00Who is Kelly & Katie 2:45Furnished Finder 7:36The Staff 9:47Growth Amid Changes 13:40Furnished Finder vs. Airbnb 20:07Verbiage 21:50Key Check 27:47Stats 33:55Networking with Fellow Landlords 38:55Journey 43:30Property Purchase Insights 55:37Learning Moments 1:13:34Advice 1:18:13Contact Information Resources and Links Key Check https://www.keycheck.com Airbnb https://www.airbnb.com VRBO https://www.vrbo.com Zillow https://www.zillow.com Connect with Kelly & Katie https://www.furnishedfinder.com https://www.linkedin.com/in/katie-lyon8/ https://www.linkedin.com/in/kelly-bailey-0989b958/ https://www.facebook.com/FURNISHEDFINDER https://www.instagram.com/thelandlorddiariespod/ https://www.youtube.com/@thelandlorddiaries Learn more about AnVi Invest
Welcome to the RE Social Podcast, your source for real estate investing tips! In this podcast episode, host Vince engages with Jake Burhans, a real estate entrepreneur who owns and operates QA Home Buyers and Maple Birch Properties, in a deep dive into the intricacies of real estate wholesaling, scaling a business, and the tax implications of real estate investment. They discuss the importance of focusing on business automation before branching into property management, the misconception that millionaires primarily become wealthy through real estate, and the reality that many invest in real estate for tax benefits. The conversation also covers how the tax code incentivizes certain behaviors, like private real estate ownership, and the broader economic impact of wealthy individuals who create jobs and value in society. Listen to the full episode for more insights into real estate wholesaling and business scaling! Key Takeaways 00:00Who is Jake 2:37First Step to Wholesale 7:52Wholesaling Equity and Discounts 9:55Insurance and Real Estate Markets 15:10Building a Team 21:57Community Engagement and Mentorship 28:02Wholesaling and Property Ownership 31:41Partnerships and Growth Plans 32:35Paying Taxes Through RE 39:24Contact Information 39:43Take Action Resources and Links Optimize REI https://www.facebook.com/groups/298250983121115/?ref=share&mibextid=B5bW4v&paipv=0&eav=AfYFLRxzGAxJ76r2wYLiHIBKN9wo3-3lMLhv5Iedm29v3Y87EdcWtoNjdWL6x8XOFx0&_rdr True People Search https://www.truepeoplesearch.com Batch Skip Tracing https://batchskiptracing.com Connect with Jake https://www.instagram.com/jake_burhans/ https://www.facebook.com/jacob.burhans https://www.linkedin.com/in/jacob-burhans/ https://www.qahomebuyers.com https://www.maplebirchproperties.com Learn more about AnVi Invest
Welcome to the RE Social Podcast, your source for real estate investing tips! In this episode of the RE Social Podcast, hosts Andrew and Vince talk with attorney Clint Coons, founding partner of Anderson Business Advisors, about the nuances of setting up legal entities for real estate investments. Clint shares his expertise on tailoring entity structures for asset protection and tax benefits, considering each state's unique regulations. He discusses strategies like using statutory trusts and series LLCs to mitigate franchise taxes and emphasizes the importance of aligning investment activities with business structures. Ready to fortify your real estate investment strategy? Tune in and gain insights from Clint Coons on optimizing your legal entities for success! Key Takeaways 00:00:00Who is Clint 00:02:13Early Entity Setup 00:03:48Entity Structuring for Property Protection 00:06:50LLCs in California 00:12:19Tennessee Franchise Tax and Series LLC 00:17:01Setting up the structure 00:22:56Building a knowledgeable team 00:24:17Real Estate journey 00:34:27Cash flow vs. Appreciation Markets 00:39:39Challenges with Multifamily Property 00:43:10Clint's Book 00:46:49Mid-term Investments and TIC Agreements 00:49:53LLC for Every Loser Property 00:51:38Platinum Program 01:03:43Contact Information Resources and Links Stessa https://www.stessa.com QuickBooks https://quickbooks.intuit.com/ Book: Asset Protection https://www.amazon.com/Asset-Protection-Real-Estate-Investors/dp/0979786045 Book: https://www.amazon.com/Next-Level-Estate-Asset-Protection/dp/1950863883 Connect with Clint https://www.instagram.com/clint.coons/ https://www.tiktok.com/@clintcoonsesq https://twitter.com/Clint_Coons https://www.youtube.com/@ClintCoons https://www.linkedin.com/in/clintcoons/ https://andersonadvisors.com Learn more about AnVi Invest
Welcome to the RE Social Podcast, your source for real estate investing tips! In this recent podcast episode, host Vince is joined by guest Tommy Harr, Owner and Founder at Legacy Home Group LLC. Tommy recounts his journey, starting with his work as a home inspector alongside his father, to his first house flip at 23 that resulted in a $100,000 loss. Despite early setbacks, he persevered, transitioning into wholesaling, and eventually achieving success in real estate investments. Tommy discusses the importance of building relationships, raising private money, and leveraging debt wisely. He also shares insights from his mother's transition into real estate, his focus on the Columbus market, and the significance of adaptability in the industry. Don't forget to tune in for valuable real estate investing tips! Subscribe to the RE Social Podcast for more insightful episodes. Key Takeaways 00:00:00Who is Tommy 00:02:57The First Deal 00:05:06Partnership with Uncle 00:10:04Success in Wholesaling 00:13:07Buying First House Hack 00:18:58Making the Day-to-Day 00:20:42Hard Money Drawn Inspection 00:21:41Raising Private Money 00:24:28Attracting Private Lenders 00:33:48Self-Directed IRA 00:37:16Recap 00:41:08Networking 00:42:58Persisting Through Challenges 00:44:5030-Year Fixed Loans 00:49:47Teaching to Real Estate 00:53:24Real estate investment in Ohio 00:55:06Airbnb and long-term rentals 00:59:002024 Vision 01:04:21Contact Information Resources and Links BiggerPockets https://www.biggerpockets.com Real Side Community https://realsidecommunity.com/ Connect with Tommy https://www.instagram.com/tommyharr05 https://www.tiktok.com/@tommyharr05 https://www.youtube.com/@TomHarr https://www.tommyharr.com Learn more about AnVi Invest
Welcome to the RE Social Podcast, your source for real estate investing tips! In this recent podcast episode, hosts Andrew and Vince had the pleasure of hosting Sharad Mehta, CEO and founder of RE Simpli, an all-in-one real estate investor CRM software. Sharad shared his journey from working as an accountant to owning around 50 rental properties. He discussed his investment strategies, emphasizing the importance of cash flow, and shared his experiences in property management. Additionally, he provided insights on market selection, financing methods, and the pros and cons of being a landlord. Sharad's transformation from an accountant to a successful real estate investor is truly inspiring, serving as a testament to the power of determination, strategy, and smart investing. Don't miss out—tune in now. Key Takeaways 00:00:00Who is Sharad 00:2:43Starting to buy properties 00:08:27Choosing Indiana 00:09:40Experiences in Indiana 00:13:09Property Management 00:14:42RE Simpli 00:21:46Picking the Properties 00:24:35Advice to Buy 00:30:37Comparison Trap 00:41:05Controlled Asset 00:42:30Financially Free 00:46:44Vision for 2024 00:50:16Contact Information Resources and Links RE Simpli https://resimpli.com Propstream https://www.propstream.com/ DealMachine https://www.dealmachine.com Connect with Sharad sharad@resimpli.com https://resimpli.com https://www.facebook.com/REsimpli/ https://www.youtube.com/@REsimpli Learn more about AnVi Invest
Welcome to the RE Social Podcast, your source for real estate investing tips! In this episode, hosts Andrew and Vince welcome guest Sridhar Sannidhi, Founder and CEO of Grow Wealth 2 Retire LLC., and an IT professional turned full-time commercial real estate investor. Sridhar shares his journey from working in Wall Street and Google to investing in real estate, starting with passive investments and gradually moving towards active investments. He discusses his transition from single-family properties to multifamily syndications, his experience and strategies with raising funds, and his shift to construction deals. The episode also touches on the importance of networking, building relationships with investors, and outsourcing work. Sridhar's ultimate goal is to build a $500 million fund and increase his stake in deals. Key Takeaways 00:00:00Who is Sridhar 00:05:10GP vs LP 00:07:28Partnering with Someone 00:08:13Markets 00:10:53Turning to Real Estate 00:14:58India Loan Products 00:19:11First Deal 00:24:54Managing 00:26:59Analyzing Deals 00:29:25Struggle 00:31:29Building own property 00:33:11Learning Curves 00:34:30Vetting Contractors 00:36:20Advice 00:40:26Foreclosures 00:43:14Conferences 00:44:23Finding Partners 00:48:14Deal Structure 00:51:21His Team 00:52:40Sourcing the team 00:56:07Referral Fee 00:57:57Contact Information Resources and Links http://www.growwealth2retire.com Connect with Sridhar https://www.instagram.com/sridharsannidhi/?hl=en https://www.instagram.com/growwealth2retire/ https://www.facebook.com/passiveinvestors?_rdc=2&_rdr https://www.linkedin.com/in/sridhar-sannidhi-613b254 http://www.growwealth2retire.com Learn more about AnVi Invest
Welcome to the RE Social Podcast, your source for real estate investing tips! In this episode, hosts Andrew and Vince invite Taylor Avakian, Associate Vice President at Matthews Real Estate Investment Services and a broker specializing in selling apartment buildings in Los Angeles, to discuss real estate investment in California. Taylor delves into the challenges of investing in tenant-friendly states, the impact of regulations, and the potential of the California market. He also covers the importance of focusing on one's strengths, understanding an investor's risk profile, and the current market conditions for multifamily properties in California. Key Takeaways 00:00:00Who is Taylor 00:01:44Challenges in Investing 00:05:04The Game 00:06:33Rent Control 00:10:42Regulations Impact 00:15:15Taylor's Assets 00:18:49Focus on Strengths 00:20:07Singular Focus 00:29:33Multi Family in LA 00:32:16Tenant Issues 00:35:04Cap Rate 00:38:34Delinquency and Squatting 00:42:51Predictions for LA 00:44:08Success Story 00:46:19Interest Rates 00:48:55Bridge Loans 01:00:00Book Recommendations 01:04:58Upsides of Investing in California 01:09:09Cash Flow Perspective 01:13:44Contact Information Resources and Links Book: "California Real Estate Principles" https://www.amazon.com/California-Estate-Principles-Dennis-McKenzie/dp/0538739657 "Who Not How" by Dan Sullivan and Dr. Ben Hardy https://www.amazon.com/Who-Not-How-Accelerating-Teamwork-ebook/dp/B0867ZJ151 "10x is Easier Than 2x" by Dan Sullivan and Dr. Ben Hardy https://www.amazon.com/10x-Easier-Than-World-Class-Entrepreneurs/dp/140196995X "Awareness" by Anthony DeMello https://www.amazon.com/Awareness-Opportunities-Reality-Anthony-Mello/dp/0385249373 Never Split the Difference by Chris Voss https://www.amazon.com/Never-Split-Difference-Negotiating-Depended/dp/0062407805 David Senra's podcast "Founders" https://www.founderspodcast.com Antonio Garrido Sandler Way https://www.sandler.com Connect with Taylor https://www.instagram.com/taylor_avakian/ https://www.linkedin.com/in/tayloravakian/ https://www.matthews.com/agents/taylor-avakian/ Learn more about AnVi Invest
Welcome to the RE Social Podcast, your source for real estate investing tips! In this episode, Vince goes solo with Samantha Tradelius, Vice President of Operations at LyteSpeed Learning, to learn about her experiences and insights on the current challenges in the insurance marketplace. She explained that many insurance companies are moving out of California due to financial losses and capacity constraints. Additionally, we delve into the factors to consider when buying investment properties and the importance of having multiple avenues of revenue. She also discusses her journey as a woman in a male-dominated industry, her philosophy on work-life balance, and her perspective on relationships and business. Tune in now to gain valuable insights for your investment journey! Key Takeaways 00:00:00Who is Samantha 00:01:45Insurance Companies Challenges 00:04:22Considering Property Location 00:05:47California Insurance Restrictions 00:07:04Looking for Insurance 00:09:31Importance of Relationships 00:11:16Career in Insurance 00:13:36Gender Bias in Insurance 00:14:46Staying in the Game 00:17:35Perseverance in the Industry 00:20:25Pressure in Women 00:22:41Have Fun and Enjoy 00:26:48Multiple Avenues of Revenue 00:28:56Real Estate Portfolio 00:31:19Insurance Based Business 00:33:02Umbrella Insurance Policy 00:35:01Umbrella Policy Cost 00:35:57Policies for every person 00:37:02Building out the Team 00:41:43The Value of Community 00:43:33Types of Landlords 00:46:15Challenges of being a Landlord 00:51:26Litigious Nature of Society 00:57:24Contact Information Resources and Links https://www.geico.com https://www.chase.com https://www.lytespeed.net https://www.sparklenow.org https://inspiherd.podbean.com Connect with Samantha https://www.instagram.com/samanthatradelius/ https://www.facebook.com/SListPodcastExperience https://www.samanthatradelius.com Learn more about AnVi Invest
Welcome to the RE Social Podcast, your source for real estate investing tips! In this episode, we are joined by Tony Lopes, the CEO of Dirty Boots Capital, a real estate professional, bestselling author, coach, and speaker. Tony dives deep into the challenges of property management and how to overcome them. He also discusses the strategies for wealth generation and the power of networking. Whether you're a seasoned investor or just starting out, this episode is packed with valuable tips and advice to help you succeed in the real estate industry. Don't miss it and tune in! Key Takeaways 00:00:00Who is Tony Lopes 00:01:31Real Estate Journey 00:05:20Starting Small in Real Estate 00:11:25The Importance of Cash Flow 00:12:43Vetting Tenants and Property Management 00:16:48The Role of an Asset Manager 00:22:23Self-Awareness and Success 00:24:58Building Relationships and Educating 00:28:11Tony's Timeline 00:28:57Equity Position 00:30:18Financial Freedom through Real Estate 00:34:20Tax Code Provision 00:35:16The Power of Networking 00:43:42Tony's Book Origin and Purpose 00:46:35Topics Covered in the Book 00:53:58What's Next for Tony 00:57:32Good Deal Metric 01:02:29Partnering w/ Experienced Professionals 01:09:03Take Action and Seek Knowledge 01:12:13Reach Out to Tony Resources and Links "Who Not How" by Dan Sullivan https://www.amazon.com/Who-Not-How-Accelerating-Teamwork-ebook/dp/B0867ZJ151 "Gym Launch Secrets" by Alex Hormozi https://www.amazon.com/Gym-Launch-Secrets-Step-Step-ebook/dp/B084JCJZ2T "Your Secret SuperPower: Tame Fear to Thrive" by Brian Mukha https://www.amazon.com/Your-Secret-SuperPower-Tame-Thrive "Rich Dad Poor Dad" by Robert Kiyosaki https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194 Airbnb https://www.airbnb.com Connect with Tony https://www.instagram.com/dirty_boots_capital/ https://www.facebook.com/FreedomAtRisk/ https://www.linkedin.com/in/tony-lopes-far/ https://twitter.com/FreedomAtRisk_ https://www.youtube.com/channel/UCBc99_4d0Cb84Z3dtx7ZsHQ https://linktr.ee/freedomatrisk https://freedomatriskbook.com https://dirtybootscapital.com Learn more about AnVi Invest
Welcome to the RE Social Podcast, your source for real estate investing tips! In this episode, we are here with Jesse Vasquez, the founder of AirVenture Hosting Co and Airventure Academy, a mid-term rental expert and mentor. From being a former punk rock musician to real estate entrepreneur, Jesse shares his journey and how he found success in providing housing for travel nurses. Jesse discusses how he built relationships with hospitals and agencies, expanded his property portfolio, and adapted his rental strategy to meet the increasing demand. He also emphasizes the importance of building a strong brand, problem-solving, and providing value in business. Don't miss out on this opportunity to learn from a successful entrepreneur who has found a unique niche in the healthcare and real estate industries. Tune in today! Key Takeaways 00:00:00Who is Jesse Vasquez 00:01:58Punk Rock to Mega Circuit 00:08:50Challenges of Building a Business 00:12:38Creating a Relationship with Agencies 00:14:03Pitching to Relocation Specialist 00:15:36Joining his Network 00:16:44Free FB Group vs. Paid Mastermind 00:18:43Mastermind Fee 00:20:20Agencies as Lessess to the Property 00:21:37Connecting Companies 00:23:24Advice to Screening Tenants 00:25:32Getting Referrals from Jesse 00:29:23Why Tenants Aren't Staying 00:31:11Jesse's Timeline 00:34:03Booking with Construction Company 00:38:05The Growth of the Central Valley 00:39:44Raising Capital 00:41:11Content Creation and Social Media 00:43:25Upcoming Events 00:46:03Keep in touch with Jesse Resources and Links Airbnb https://www.airbnb.com/ Furnished Finder https://www.furnishedfinder.com LinkedIn https://www.linkedin.com Skype https://www.skype.com/en/ Doordash https://www.doordash.com Craigslist https://craigslist.org Indeed https://indeed.com/?r=us Connect with Jesse https://www.instagram.com/therealjessevasquez/ https://www.linkedin.com/in/jesse-vasquez-36917a40 https://www.youtube.com/channel/UC2x-yFc6Dbtzul2eN_Iskgw https://open.spotify.com/show/2keReffJfZp0YnBwQ0lHXz?si=BAJixMaoTe68a86lku38ew&nd=1 https://www.tiktok.com/@therealjessevasquez https://www.facebook.com/groups/mtrwithjessevasquez/?ref=share_group_link https://m.facebook.com/groups/mtrwithjessevasquez/?ref=share&mibextid=S66gvF https://www.airventurehosting.com/acceleratedmtrblueprintmasterclass Learn more about AnVi Invest
Welcome to the RE Social Podcast, your source for real estate investing tips! In this episode, Vince and Andrew from AnVi Invest here, sharing our recent success story of a half-million-dollar single-family property. Listen as we reveal the secret behind this great achievement! Join us as we delve into the importance of providing value in relationships and prioritizing goals. Let's discuss the significance of business systems and how they contribute to long-term success in the real estate market. Despite potential challenges, we remain optimistic about our portfolio and the potential for creating wealth through property investments. Find out why when you listen in. If you're looking for insights and inspiration in the real estate industry, this episode is a must-listen! Don't miss out on valuable advice and experiences. Tune in now! Key Takeaways 00:00:00Real Estate Investment Update 00:02:21Networking and relationships 00:03:25Value of attending meetups 00:09:14Building relationships and networking 00:09:59Choosing like-minded individuals 00:12:39Time management and prioritization 00:19:16Investing in Real Estate and Wealth 00:20:00The Impact of Interest Rates on REI 00:26:10Closing on a new property 00:28:09Building our network and net worth 00:31:00Value of renegotiating real estate deals 00:33:49The importance of knowledge 00:37:53Why we are helping others 00:38:06Success despite unconventional jobs 00:38:20Rate us five-star reviews! Resources Best Buy https://www.bestbuy.com/ Meetup.com https://www.meetup.com/ Airbnb https://www.airbnb.com/ Jason Hartman https://www.jasonhartman.com/ Kenny McElroy https://kenmcelroy.com/ Learn more about AnVi Invest
Welcome to the RE Social Podcast, your source for real estate investing tips! In this episode, we are here with Caleb Johnson, a real estate investor and host of the From Trial to Triumph Podcast, to learn about his journey in the industry. From house hacking to raising capital, Caleb shares valuable insights and advice for anyone looking to enter the world of real estate investing. Caleb takes us through his real estate journey, starting with a house hack that allows him to save money and get his foot in the door. Caleb also discusses his subsequent investments, including a retail facility and a duplex, using a 1031 exchange. His experiences highlight the importance of strategic decision-making and the potential for growth in the real estate market. He also provides valuable advice on raising capital, selecting markets, and partnering with others. Tune in now and start building your wealth through real estate! Key Takeaways 00:00:00Who is Caleb Johnson 00:03:04Motivation to pursue real estate 00:06:14Caleb's first house hack 00:09:13First deal and property appreciation 00:10:05Choosing the right neighborhoods 00:12:20Retail and apartment complexes 00:19:31Raising Capital Challenges 00:21:28Closing the 16-Unit Deal 00:25:06Loan-to-Value Ratio 00:28:52Emerging Real Estate Markets 00:30:35Scaling Up to 117 Units 00:31:42Networking and Finding Partners 00:37:20Seed capital from selling the duplex 00:39:00Cash flow through more assets 00:44:22Challenges of short-term rentals 00:45:40Being smart in real estate investments 00:46:32Benefits of raising capital and deals 00:49:13Taking action & investing in real estate 00:50:22How to keep in touch with Caleb Resources and Links Airbnb https://www.airbnb.com/ Bureau of Labor Statistics https://www.bls.gov/ Red Sea Capital Group https://redseacapitalgroup.com/ "Emerging Real Estate Markets" by David Lindahl https://www.amazon.com/Emerging-Real-Estate-Markets-Coming/dp/0470174668 From Trial to Triumph Podcast by Caleb Johnson https://redseacapitalgroup.com/listen/ Connect with Caleb: https://www.linkedin.com/in/caleb-johnson-7b7300205/ https://www.instagram.com/redseacapitalgroup/ https://www.facebook.com/people/Red-Sea-Capital-Group/100083689613341/ https://redseacapitalgroup.com/ Learn more about AnVi Invest
Welcome to the RE Social Podcast, your source for real estate investing tips! In this episode, we are joined by Grace Gudenkauf, an engineer-turned-investor who is also the Co-Founder at Good Morning Investments and Women Invest in Real Estate (WIIRE) Group. Learn how finding the right mentorship program helped her achieve her real estate success today! Grace shares her inspiring journey of transitioning into real estate investing amidst the pandemic and reveals her cash flow strategies, particularly her successful mid-term rentals in Iowa. She also dives into her experience with creative financing and finding motivated sellers, providing valuable insights for both new and experienced investors. Grace emphasizes the importance of networking and continuous education in the real estate industry. Grace shares how she has leveraged networking to expand her business and offers practical tips for building a strong network. Don't miss out on this episode's powerful insights. Tune in now! Key Takeaways 00:00:00Who is Grace Gudenkauf 00:03:23Grace's transition to real estate 00:06:12Women Invest in Real Estate (WIIRE) 00:08:23The transition to business owner 00:09:50The success of mid-term rentals 00:14:08Talking about investing in Iowa 00:17:43The decision to buy more cash flow 00:19:13Cash flow vs. Appreciation 00:20:34From engineer to real estate 00:26:09Importance of planning and budgeting 00:27:15Taking risks and believing in oneself 00:28:56Creative financing strategies 00:32:53Three steps to get FREE leads 00:37:43Investing in a mentorship program 00:41:07Interest in redevelopment 00:42:31Buying the first 8-unit property 00:48:30Challenges and criteria for hiring 00:52:43Talking about her greatest 'WHY' 00:53:55Traveling and Freedom 00:55:40Networking and Conferences 00:57:22What's the next big goal 00:58:36Advice for aspiring investors 01:00:50How to connect with Grace Resources and Links Zillow https://www.zillow.com/ QuickBooks https://quickbooks.intuit.com/ Limitless Expo https://limitlessexpo.com/ BiggerPockets https://www.biggerpockets.com/ Furnished Finder https://www.furnishedfinder.com/ Creative Finance Playbook https://www.creativefinanceplaybook.com/site/about "Rich Dad Poor Dad" by Rober Kiyosaki https://www.richdad.com/ "The 80/20 Principle: The Secret to Achieving More with Less" by Richard Koch https://www.amazon.com/80-20-Principle-Secret-Achieving/dp/0385491743/ "10x Is Easier Than 2x" by Dan Sullivan https://www.amazon.com/10x-Easier-Than-World-Class-Entrepreneurs/dp/140196995X Connect with Grace: https://www.linkedin.com/in/grace-gudenkauf-321186112/ https://www.instagram.com/grace.investing/ https://www.instagram.com/wiire.community/ https://www.facebook.com/GoodMorningInvestments https://www.womeninvestinrealestate.com/ Learn more about AnVi Invest
Welcome to the RE Social Podcast, your source for real estate investing tips! In this episode, we have the privilege of talking with Johnny Wolff, the visionary behind HomeRoom, to explore the groundbreaking world of room-by-room rentals and how his company stands out from the competition. Johnny provides a deep dive into the inner workings of HomeRoom, guiding prospective investors on how to embark on their journey with the company. He also shares with us the diverse array of tiers and packages that they offer! He delves into the challenges of managing roommates and the changing perception of Airbnb. Johnny also shares HomeRoom tenants' success stories and discusses the potential for growth and expansion through Airbnb conversions. Don't miss out! Tune in now to expand your horizons in the world of real estate investing. Key Takeaways 00:00:00Who is Johnny Wolff 00:00:41Johnny Wolff introduces HomeRoom 00:01:33Competitors in the rental space 00:02:14HomeRoom vs. PadSplit 00:03:41How to work with roommate rentals 00:05:06Single-family home income 00:05:41What market he's in 00:07:09How his business model works 00:08:50HomeRoom Tiers and Packages 00:10:03Benefits of room-by-room rentals 00:11:02Getting started with real estate 00:14:15How many units he has today 00:15:22Types of Properties on HomeRoom 00:18:23Evolution of room-by-room rentals 00:19:34Structuring the deals 00:21:42Challenges in managing roommates 00:22:52Referral Programs 00:23:53Value of HomeRoom's Services 00:26:03What's next for HomeRoom? 00:27:29Short-term and medium-term rentals 00:33:18Future of room-by-room rentals 00:35:28Advantages of renting by the room 00:37:27The Dream of HomeRoom 00:40:08Expanding into Airbnb 00:41:48Opportunity in the Airbnb Market 00:44:56RE Social Meetup 00:45:47How to reach Johnny 00:46:17Final notes from hosts Resources and Links HomeRoom https://livehomeroom.com/ Pad Split https://www.padsplit.com/ Alcove https://alcoverooms.com/ June Homes https://junehomes.com/ Bungalow https://bungalow.com/ Pace Morby https://www.pacemorby.com/ Zillow https://www.zillow.com/ Atticus https://atticusre.com/ Airbnb https://www.airbnb.com/ MLS (Multiple Listing Service) https://www.mls.com/ MONEY Master the Game by Tony Robbins https://www.amazon.com/MONEY-Master-Game-Financial-Freedom/dp/1476757860 Real Estate Investing for Beginners by Tycho Press https://www.amazon.com/Real-Estate-Investing-Beginners-Essentials/dp/1623153638 Connect with Johnny: johnny@livehomeroom.com https://www.linkedin.com/in/johnnywolff https://www.facebook.com/JohnnyStryker https://johnnywolff.com/ https://livehomeroom.com/ Learn more about AnVi Invest
Welcome to the RE Social Podcast, your source for real estate investing tips! Meet our special guest, Tony Robinson, co-host of the BiggerPockets Real Rookie Podcast. Tony takes us through scaling his own real estate business, sharing the highs and lows of building his portfolio. Tony gives us a deep dive into the current Airbnb landscape, uncovering the hurdles he faced in the Joshua Tree market. He also generously shares his insights on effective partnerships, securing funds, and networking your way to real estate success. If you're keen on expanding your real estate venture, hiring virtual assistants, and optimizing your profits, this episode is a must-listen! Tony also unveils a book he co-authored, titled "Real Estate Partnerships." Don't miss the chance to grab your copy in the link below. Tune in to gain more investing tips! Key Takeaways 00:00:00Our guest's first podcast 00:01:25Networking in real estate 00:01:48Who is Tony Robinson 00:02:36How his real estate journey started 00:04:16Lessons learned in RE scaling 00:07:33Investing in real estate markets 00:09:04The Joshua Tree Market 00:12:31When looking into other markets 00:12:48Adding unique amenities to stand out 00:15:37Investment goals and property mix 00:17:18Hiring virtual assistants 00:19:23What makes Amazon successful 00:21:12Biggest mistake investors make 00:22:44Using Loom for training and processes 00:26:32Teaching VAs to be proactive 00:28:17How he structured partnerships 00:31:07Value other investors' contribution 00:31:56Amounts of capital brought by partners 00:33:42Leveraging private lenders 00:34:04Advice for aspiring investors 00:37:28His wife as his business partner 00:38:47When's the right time to buy? 00:40:07Getting in touch with Tony Resources and Links Loom https://www.loom.com/ Wayfair https://www.wayfair.com/ OpenDoor Capital https://odcfund.com/ Brandon Turner https://www.linkedin.com/in/brandon-turner-1b96b6209/ 5 PROFITABLE Airbnb Cities to Buy In Today (2023) https://www.youtube.com/watch?v=qosU2P9i7HI BiggerPockets: The Real Estate Rookie Podcast https://www.biggerpockets.com/podcasts/real-estate-rookie Real Estate Partnerships by Tony Robinson & Ashley Kehr https://store.biggerpockets.com/products/real-estate-partnerships Connect with Tony: https://www.instagram.com/tonyjrobinson/ https://www.youtube.com/therealestaterobinsons https://www.tiktok.com/@therealestaterobinsons https://therealestaterobinsons.com/ Learn more about AnVi Invest
Welcome to the RE Social Podcast, your source for real estate investing tips! In today's conversation, it's just Vince and Andrew here, opening up about the highs, lows, lessons, and wins from our recent real estate ventures in Nashville, Tennessee. Curious why we changed our real estate strategy? We've got all the specifics for you! We'll delve into the challenges we had in California and the benefits of choosing Tennessee, a state that's landlord-friendly. Cashflow is also our KEY topic as it is a major player in the decisions we make as investors. Moreover, we'll talk about the power of nurturing relationships and looking out for our amazing team members. On top of this, we've got future investment plans lined up, and we'll be discussing them in this episode! So make sure to tune in and discover all the details. Happy investing! Key Takeaways 00:00:00Updates on real estate investments 00:01:20Why we changed our strategy 00:02:57Squatter issues in California 00:04:15What's the real currency in RE 00:05:43Investing in a landlord-friendly states 00:07:11Top markets in the industry 00:08:09Giving value to our team 00:10:23Benefits of investing in this market 00:10:50Our Goal: $1000 per door 00:11:35Helping others build wealth 00:12:38Expanding to Nashville, Tennessee 00:14:14Learn from our podcast 00:15:19Partnering with other people 00:17:50Why you need reserves 00:19:47Updates on our properties 00:22:03Benefits of investing in Nashville 00:22:56Traffic problems in Nashville 00:24:52Benefits of partnering in RE 00:27:11Research your way to real estate 00:28:34Episode 50 will be out soon! Learn more about AnVi Invest
Welcome to the RE Social Podcast, your source for real estate investing tips! Joining us today is none other than Mat Sorensen, Entrepreneur - Investor - Lawyer, and CEO of Directed IRA & Directed Trust Company. He's an expert in self-directed IRAs and 401Ks, helping us unlock the hidden potential of your retirement funds! Engaging in a conversation with our Hosts Andrew and Vince, Mat delves into the intricate strategies and opportunities that self-directed retirement accounts hold. He shares valuable insights on transferring funds, investing in real estate, and private money lending. This episode will provide you with practical tips and advice to make the most of your retirement savings. Learn how to leverage your retirement accounts to invest in real estate and other alternative assets. Tune in now and start maximizing your wealth-building potential! Key Takeaways 00:00:00Who is Mat Sorensen 00:02:04Biggest untapped area of wealth 00:03:00Benefits of self-directed IRAs and 401Ks 00:05:48Tapping into retirement accounts 00:07:01Lending money from a self-directed IRA 00:09:39In-service rollover for large 401Ks 00:12:16More money in IRA than 401K 00:13:24Investing with a Roth IRA 00:14:53Prohibited Transaction Rule 00:15:54The Self-Directed IRA Handbook 00:18:27How did it all start 00:19:57Investing in cryptocurrency 00:21:35His passive investment strategy 00:23:31Why private money lending works 00:26:09Advantage of retirement accounts 00:27:47From law firm to business ownership 00:31:01Starting and scaling a business 00:33:40Owning vs. working for a company 00:36:25Importance of hiring the right people 00:38:11Power of networking and recruiting 00:40:09Building a brand through social media 00:42:59Podcast success and YT transition 00:44:44Why relationships matter 00:46:21What's the value of giving 00:47:28Being honest with clients 00:50:24Advice for aspiring investors 00:53:32Self-awareness is KEY 00:55:12How to get in touch with Mat Resources and Links Main Street Business Podcast https://podcast.mainstreetbusiness.com/ KKS Lawyers - Law Firm https://kkoslawyers.com/lawyers/mathew-n-sorensen/ "The Self-Directed IRA Handbook" by Mat Sorensen https://www.amazon.com/Self-Directed-IRA-Handbook-Authoritative/dp/061587343X Connect with Mat: https://www.linkedin.com/in/matsorensen/ https://www.instagram.com/matsorensen/ https://www.youtube.com/channel/UCsOSIcfV0QMTyS0iAC5BZXg https://twitter.com/matsorensen https://matsorensen.com/ Learn more about AnVi Invest
Welcome to the RE Social Podcast, your source for real estate investing tips! This episode features Erica Sherwood, a real estate investor and financial consultant, in an interview with our hosts, Andrew and Vince. Embracing the concept of an "Ethical Investor," as coined by Vince, Erica's journey has centered on helping people develop their mindset and even help with their homes. Erica describes how she started her real estate firm with the help of reliable partners and without taking on any debt. She openly shares the strategies she used in her deals, which may prove useful to you as well. She also opens up about the challenges she faced and how she would have approached them differently in retrospect. Additionally, Erica generously offers a FREE 2-week exercise program, details of which you can uncover within the episode. Don't miss this opportunity to take in some sound advice for your next transaction! Key Takeaways 00:00:00Who is Erica Sherwood 00:02:21Her multiple roles in her business 00:04:55Managing properties with her husband 00:06:05Raising capital for the first deal 00:08:38Half ownership, no debt 00:11:39High ROI: $475 - $500 net income 00:13:25Finding trustworthy partners in RE 00:16:13Erica's 2014 deal on a handshake 00:18:19How she met her business partner 00:19:19Securing funding with no experience 00:20:43Integrity and quality in hiring people 00:22:39Challenges in the self-storage industry 00:25:11Erica being an Ethical Investor 00:25:24Counseling non-paying tenants 00:27:58Real estate as a long-term investment 00:29:50Expanding to new markets 00:32:17Regulations and property taxes 00:37:10Mud districts and higher taxes 00:40:12Biggest mistake that cost her money 00:43:15The Opportunity Zone 00:47:00Renting vs. owning a home 00:49:31About buying a primary residence 00:53:08Learning how to leverage 00:55:38How to take control of your finances 00:56:04Learning niche deals and opportunities 01:00:02The 7 Habits of Highly Effective People 01:01:17Recommended books for RE investing 01:05:06Importance of marketing 01:08:42Teachable moment in a recent deal 01:13:02Why you shouldn't pay cash 01:13:28Understanding tier one assets 01:15:57Investing in self and education 01:18:47FREE 12-Week Exercise Program 01:19:59Where to book a call with Erica 01:21:50Speaking at a real estate event Resources and Links Limitless Expo https://limitlessexpo.com/ Erica Sherwood's Website https://www.ericasherwood.com/ "Rich Dad, Poor Dad" by Robert Kiyosaki https://www.amazon.com/Rich-Dad-Poor-Robert-Kiyosaki/dp/0368959090 "The 7 Habits of Highly Effective People" by Stephen Covey https://www.amazon.com/Habits-Highly-Effective-People/dp/0671708635 "Who Not How" by Dan Sullivan https://www.amazon.com/Who-Not-How-Accelerating-Teamwork-ebook/dp/B0867ZJ151 "Start with Why" by Simon Sinek https://www.amazon.com/Start-Why-Leaders-Inspire-Everyone/dp/1591846447 Connect with Erica: https://www.instagram.com/jefanderica/ https://linktr.ee/realericasherwood https://www.ericasherwood.com/ Learn more about AnVi Invest
Welcome to the RE Social Podcast, your source for real estate investing tips! Get ready for this NEW episode as Host Vince sits down with the real estate investor and lawyer, Jack Duffley, from Duffley Law LLC. Jack is on a mission to build a portfolio of businesses and real estate ventures, and he's here to share his wisdom and experiences with you! Jack takes us on a journey through his success story, shedding light on house hacking, owner-occupying properties, and MORE. He shares invaluable insights on smart investments, sharing insider tips to help you buy and sell profitable ventures in business and real estate. Tune in for more of these exclusive insights! Don't forget to leave a five-star review, and let us know what you think. Key Takeaways 00:00:00Who is Jack Duffley 00:00:40Jack as a lawyer and investor 00:02:01Full scholarship to Law School 00:03:19The evolution of his portfolio 00:06:31Going into real estate investing 00:08:41Financing options for owner-occupants 00:12:01Starting with limited funds 00:15:54Overcoming fear in new ventures 00:19:50Taking risks and making a difference 00:21:09Defensive to offensive investments 00:25:12Business expenses and cash flow 00:26:46Challenges and opportunities in buying 00:28:17Real value in small businesses 00:30:43Increasing value and finding your niche 00:33:58Business listings on Biz Buy Sell 00:35:34Contacting listing agents and owners 00:36:29The process of buying a business 00:37:36Why successful businesses sell 00:39:01How to source business data 00:41:48Leveraging creative financing methods 00:44:01Having a double business combo 00:46:10PRO TIP: Try to find your niche 00:47:49Expanding your network 00:50:30Jack's YouTube Channel 00:51:00Where to connect with Jack Resources and Links LoopNet https://www.loopnet.com/ Biz Buy Sell https://www.bizbuysell.com/ Jack Duffley's YouTube Channel https://www.youtube.com/c/JackDuffley Connect with Jack: https://www.linkedin.com/in/jackduffley/ https://www.instagram.com/jackduffley/ https://www.facebook.com/JackDuffley https://twitter.com/JackDuffley https://jackduffley.com/ https://jackduffley.com/links/ https://duffleylaw.com/ Learn more about AnVi Invest
Welcome to the RE Social Podcast, your source for real estate investing tips! In this episode, join Host Vince as he welcomes Christina Suter, Founder and CEO of Ground Level Consulting and President of the FIBI Pasadena Chapter. Christina's extensive knowledge and experience, particularly in navigating the challenging real estate market recession, will make you ask how she did it. Learn about her personal real estate voyage as she sheds light on the obstacles she faced along the way. By highlighting the significance of cash flow and stress reduction in investment decision-making, Christina draws from her own experiences of successfully selling properties during that period. Moreover, she offers valuable insights into the present real estate landscape with some recommendations for venturing into the world of rental property investments. Are you ready to hear from her? Tune in to find out more about this! Key Takeaways 00:00:00Why social media is important 00:01:50Who is Christina Suter 00:03:01Selling during the downslide 00:04:04Life and real estate problems 00:06:48Overcoming financial loss 00:08:54Cash flow strategy 00:09:22Offsetting losses: Selling properties 00:12:14Having cash is NOT a guarantee 00:13:33Never showboat again 00:17:01Why being scared never helps 00:19:37Interest rate and its impact 00:21:22Future rate hikes consideration 00:23:21Buy-in number & cash flow 00:27:11Avoiding risks: Bad financing 00:28:37Cash flow vs. Appreciation 00:30:17Smaller risks, bigger cash flow 00:32:36Learn from other professionals 00:34:00Rebuilding after setbacks 00:36:39Scarcity vs Abundance Mindset 00:39:14Tha basis of abundance 00:41:01Real estate for growth & change 00:42:53where to find and meet Christina Resources and Links LinkedIn https://www.linkedin.com/ MeetUp https://www.meetup.com/ Connect with Christina: https://www.linkedin.com/in/christinalsuter/ https://www.instagram.com/realchristinasuter/ https://www.facebook.com/RealChristinaSuter/ https://twitter.com/realchristinas_ https://www.youtube.com/user/ChristinaSuter https://christinasuter.com/ Cellphone Number: 310-463-5942 Learn more about AnVi Invest
Welcome to the RE Social Podcast, your source for real estate investing tips! Join us as we welcome Charles Seaman, a Syndication Expert and Managing Partner at Cash Flow Champs. Charles shares his insights on the importance of building the right connections, from nurturing investor leads to finding the right partners, and how this can be the key to your success. With a background in finance and a passion for real estate, Charles has spent years honing his skills in the syndication space. He has worked with a variety of investors and partners and has learned firsthand the importance of building strong relationships in the industry. Charles also shares more valuable insights on the pivotal roles of mentorship and coaching while providing practical tips for generating more leads. So tune in today and start building those valuable connections! Key Takeaways 00:00:00Who is Charles Seaman 00:01:55How he started in real estate 00:07:15Pros and Cons of C-class Properties 00:09:19Acquisition vs. Asset Management 00:10:19Relationships in the operation 00:12:31ClickUp for efficient workflow 00:16:11Risks and Rewards of Investing 00:18:35How to boost NOI 00:20:36Why he moved to North Carolina 00:23:34Syndication vs. Smaller Properties 00:25:43Charles' first deal experience 00:30:03Lessons learned on the first deal 00:33:35Having 2500 units as a team 00:36:13How to generate more leads 00:39:45Short and long-term goals 00:42:59Which role do you belong 00:45:10Partnering with similar values 00:50:23Why you need to believe in yourself 00:53:00Networking at conferences 00:54:29Saturday Syndication Deals 00:59:34The Value of Mentorship 01:03:30One book that changed his life 01:06:39What to do in this market condition 01:11:04Interest Rates in the Market 01:12:05Where to contact Charles Resources and Links Cash Flow Champs https://cashflowchamps.com/ ClickUp https://clickup.com/ BiggerPockets https://www.biggerpockets.com/podcasts RE Mentor https://rementor.com/homepage/education.php "How to Win Friends and Influence People" by Dale Carnegie https://www.amazon.com/How-Win-Friends-Influence-People/dp/1982171456 Connect with Charles: https://www.linkedin.com/in/charles-seaman-90b9b932/ https://www.instagram.com/cseaman316/ https://web.facebook.com/profile.php?id=100085784437775&_rdc=1&_rdr https://cashflowchamps.com/ https://linktr.ee/charles_seaman Learn more about AnVi Invest
Welcome to the RE Social Podcast, your source for real estate investing tips! Discover the inspiring journey of Amanda Fornelli and David Fornelli of Nopali Properties, the masterminds behind a remarkable $6.8 million real estate portfolio built in just two years! We're here to dive deep into their transition from corporate America to thriving real estate investors, focusing on their expertise in the competitive world of short-term rentals and boutique hotels. Amanda and David have forged their path to success by leveraging mentorship, strategic partnerships, and a commitment to exceptional quality. They reveal the secrets behind their standout approach in a saturated market and share valuable tips on raising capital, sourcing affordable yet high-end furniture, and optimizing guest experiences for vacation rentals. Join us on this new episode and get a whole lot of real estate wisdom from this dynamic duo! Key Takeaways 00:00:00Who are Amanda and David Fornelli 00:02:23Starting in Real Estate Investing 00:04:01Jumping to RE in the pandemic 00:05:51Funding the Fortune Builder 00:07:11How they got their first deal 00:10:27Before raising private capital 00:11:05From Fix & Flip to Buy & Hold 00:13:05First shift to short-term rental 00:15:15Gross revenue and expenses 00:16:11Refinancing and BRRRR Strategy 00:20:11Furniture and design budget 00:21:41How to get furniture discounts 00:25:11Experience with squatters 00:28:58Custom design amenities 00:30:03Analyzing the competition 00:32:31Pricing strategy for rentals 00:35:28What to do in a saturated market 00:39:02Demand is still growing 00:41:33Problem with unresponsive hosts 00:44:48Benefits of being a super host 00:47:46PRO TIP: Email Campaign 00:50:07How to capture guest emails 00:52:31Referral Programs 00:56:02Insurance Coverage 00:58:32Equity vs. Debt Structure 01:00:02Partnerships and exit strategies 01:03:23Distinct roles in a partnership 01:05:46The importance of networking 01:08:31Confidence in connections 01:13:16Getting into a Hotel Deal 01:16:44Learning hotel operations 01:17:51Underwriting commercial loans 01:23:36Capital raising for hotel deals 01:24:42Learning from events 01:27:44Proximity to powerful people 01:28:08Reach out to Amanda and David Resources and Links Fortune Builders https://www.fortunebuilders.com/advanced-mastermind-group-building-real-estate-investors/ Host GPO https://hostgpo.com/ Furnish Finder https://www.furnishedfinder.com/ Chat GPT https://chat.openai.com/ StayFi https://stayfi.com/ Hostfully https://www.hostfully.com/ Hospitable https://hospitable.com/ Airbnb https://www.airbnb.com/ VRBO https://www.vrbo.com/ Connect with Amanda: https://www.linkedin.com/in/amandafornelli/ https://www.instagram.com/_amandafornelli_/ https://www.nopaliproperties.com/ https://linktr.ee/Afornelli Connect with David: https://www.linkedin.com/in/david-fornelli-m-a-7b2879103/ https://www.instagram.com/davidjfornelli/ https://www.nopaliproperties.com/ https://linktr.ee/davidjfornelli Learn more about AnVi Invest
Welcome to the RE Social Podcast, your source for real estate investing tips! In this episode, let's dive into Jim Sheils' successful real estate investing journey. Jim is not just an author, speaker, and international investor but also the man behind Southern Impression Homes. What sets Jim apart is his patient and long-term approach to investing, which has helped him weather market fluctuations and emerge stronger on the other side. Jim also generously shares his wisdom on the vital importance of cultivating strong relationships with partners, contractors, and other key players in the industry. With Jim's unique investing approach and extensive real estate knowledge, you're in for a treat! Be sure to tune in, take notes, and put Jim's advice into action – you won't be disappointed! Key Takeaways 00:00Who is Jim Sheils 04:30Exploring the value proposition 08:54Real estate investing made easy 10:21Factors to consider in investing 15:11Direct property ownership 17:04Different niches in real estate 19:58Jim investing in Bakersfield, California 22:49Overcoming the stereotypes 26:04Crab mentality in real estate 28:06Taking inventory of what works 30:50Hyperfocus on skillset and strengths 31:56Talk about complementary skills 34:33Importance of niche investing 38:20Focus on one niche only 40:31How to narrow down your niche 41:45Recommended books for investing 45:13Integration over balance 48:26Hobbies outside of real estate 50:17How to contact Jim Resources and Links https://www.amazon.com/Who-Not-How-Accelerating-Teamwork-ebook/dp/B0867ZJ151 https://www.amazon.com/Real-Estate-Riches-Bankers-Advisors/dp/0446678643 https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612681131 https://www.amazon.com/Richest-Man-Babylon-George-Clason/dp/1505339111 https://www.amazon.com/Road-Less-Stupid-Keith-Cunningham/dp/0984659269 https://www.amazon.com/Family-Board-Meeting-Jim-Sheils/dp/1320601707 Connect with Jim: https://www.linkedin.com/in/jimsheils/ https://www.instagram.com/jim_sheils/ https://www.facebook.com/jim.sheils.1 https://southernimpressionhomes.com/ http://familyboardmeetings.com/ https://jimsheils.com/home Learn more about AnVi Invest