The Real Estate Lab

Today on the Real Estate Lab Podcast, join our host Vee Khuu and his guest, Becky Nova, as they talk about her inspiring journey from a failed business owner to an accomplished real estate investor. Becky is a real estate investor, cancer researcher, and a softball player. She is also the owner of a Facebook Group with over six thousand female investor members called the Lady Landlord! Becky also shares with us how she overcame her challenges from becoming close to bankruptcy that left her no choice but to live in her parents' basement temporarily.Resources: · Email: beckynova24@gmail.com · Personal Website: https://www.lady-landlords.com/ · Facebook Page: https://www.facebook.com/BeckyNova24/ · Facebook Group: https://www.facebook.com/groups/ladylandlords · Instagram: https://www.instagram.com/beckynova24/ · Youtube: https://www.youtube.com/LiveFreewithBeckyNova Connect with Vee Khuu!· Website: https://www.veekhuu.com/ · Facebook: https://www.facebook.com/Veekhuu/· Instagram: https://www.instagram.com/vee.khuu/· Linktree https://linktr.ee/veekhuuSupport this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Today on the Real Estate Lab Podcast, join our host Vee Khuu and his guest, Pancham Gupta, as they talk about his journey from being an engineer to becoming a real estate syndicator. Pancham is the podcast host of The Gold Collar Investor Podcast, the owner of Mesos Capital, and a full-time real estate syndicator. In this episode, learn more about why he decided to quit such a high paying job to pursue real estate even when everyone he knew was against his decision!Resources: · Pancham's Linkedin: https://www.linkedin.com/in/panchamgupta/ · Company Website: https://mesoscapital.com/ · Podcast Website: https://thegoldcollarinvestor.com/ · Facebook: https://www.facebook.com/thegoldcollarinvestor · Email: p@thegoldcollarinvestor.com · Top 6 reasons to diversify outside of the wall-street: http://www.TheGoldCollarInvestor.com/download Connect with Vee Khuu!· Website: https://www.veekhuu.com/ · Facebook: https://www.facebook.com/Veekhuu/· Instagram: https://www.instagram.com/vee.khuu/· Linktree https://linktr.ee/veekhuuSupport this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Join me, Vee Khuu and my guest, Billy Brown, on the Real Estate Lab Podcast, as we talk about his new projects, how he went from having no passive income to having a $5 million portfolio, and the performance of his portfolio in the midst of the pandemic. Billy is a successful investor, syndicator, strategist and a creative lender. He is the founder of the Investors Capital Group, founder of The Golf Sanctuary, and a co-author of an Amazon best-selling book called the Success Habits of Super Achievers. In this episode, he shares a lot of valuable information that you do not want to miss! Outline of the episode: · [03:44] TrackMan is an application that allows you to play virtual golf.· [06:08] How has COVID-19 impacted their business and current projects?· [10:09] The story of how he found and bought his first multifamily property.· [14:20] You have to know what the fundamentals of lending and investing are before you can get creative. · [17:27] The difficulty is actually finding the truth about the properties and the brokers. · [20:29] Your lender is your biggest partner and not your enemy. When you have experienced buyers buying things right, you're going to have bigger opportunities.· [23:33] Lenders want to work with a solid team, experienced people, and not rookies.· [26:25] What kind of debt coverage ratio is Billy looking for now during this pandemic?· [29:30] There's a lot of lending in self-storage and it always has a solid system.· [31:06] You need to have plenty of reserves to be able to be a true professional investor. Make sure you provide great housing because people deserve better.· [33:16] Make sure you're well capitalized and have enough money in your operating account. Construction projects usually take longer and costs more money. · [36:15] The slower you go down and the less experienced lenders that you have, the lesser options you're going to be left with.· [39:07] The benefits of having a CCIM designation and why you need to get one.· [44:04] All about Billy's new book, projects, and Loan Approval Accelerator Program.· [51:15] Who are Billy's favorite golfers and why?Resources: · Billy Brown's LinkedIn· Company Website· Billy's Free E-Book · Billy@BillyBrown.Me · Success Habits of Super Achievers Support this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Today on the Real Estate Lab Podcast, join our host Vee Khuu and his guest, Nick Raithel, as they talk about why and when you should write your own book. Nick is the creator of The 7 Hours Book, and runs a service to help real estate investors create a book in just 7 hours. Do you think you're not good enough, have a lot of doubts about your skills, and do not know where to start? Listen to this episode now, and find the answers to your questions!Outline of the Episode:· [01:48] All about The 7 Hour Book by Nick Raithel.· [03:27] Nick saw the need for people to use a book to help promote themselves.· [04:31] Why did Nick, a digital marketer, decide to focus on books?· [06:21] The old is new. A lot of things from before are being used by people again.· [07:20] A hardcover book is like a business card that people don't throw away.· [08:12] Writing a book is something that people should consider if they already have a clear grasp of their goals.· [09:29] How will you know if writing a book is right for you?· [10:36] It has become more challenging to stand out in the competition in real estate. · [12:34] Figuring out your why. You don't need to be the best in writing to write a book.· [15:03] We first let them figure out if a book makes sense for them before coming to us.· [16:37] It all comes down to your decision of when is the right time to publish your book.· [18:11] You don't need to worry so much about not having a huge platform or list of people to email to when starting to leverage your book.· [19:22] Their process of deciding when the client is a right fit for them.· [21:39] Work from home jobs are becoming the norm because of COVID-19.· [22:50] How do they ensure that their writers will write with the same voice as the client?· [24:51] Their price ranges and the services included in the package.· [27:00] Podcast is a great platform to build your network and reach out to investors.· [28:04] Nick's favorite books and the lessons he learned from them.Resources: · Website: http://contentcorps.net/ · The Black Swan· Fooled by RandomnessConnect with Vee Khuu!· Website: http://www.veekhuu.com/· Facebook: https://www.facebook.com/Veekhuu/· Instagram: https://www.instagram.com/vee.khuu/· Linktree https://linktr.ee/veekhuuSupport this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Today on the Real Estate Lab Podcast, join our host Vee Khuu and his guest, Dr. Gurpreet Padda, as they talk about the value of education, the importance of connecting with other people, and real estate investing. Dr. Gurpreet is the CEO of the Red Pill Kapital, the Medical Director of Padda Institute, and the company, Reverse Diabetes MD. He has an MBA in Finance, a triple board certified physician, and an active and passive real estate investor. Dr. Gurpreet started his own company at the age of 12. Since then, he has established and owned multiple successful businesses. In this episode, he shares his experiences about getting into and working in different industries at such a young age. Don't forget to check out the course Dr. Gurpreet is offering for free that was originally for $975! Just email him at info@redpillkapital.com and mention the Real Estate Lab Podcast. Learn more about this amazing opportunity in the episode!Outline of the Episode:· [05:07] Dr. Gurpreet Padda started his own company at the age of 12.· [09:14] He was still 14 years old and was in high school but had employees that were 25 years old above.· [11:02] If you don't feel the pain, you do not grow as a human being. You can't get better.· [12:00] The owner's job is to develop a marketing strategy to bring in business and then develop a strategy for execution. · [14:20] Buying something somebody else didn't want at a lower price and make more money by selling it at a higher value.· [16:24] The struggles of investing in a rough area or hood. No matter how much money you're going to make, it is not worth it.· [20:35] The nature of a hard education is that you don't have to make the same error again.· [21:30] Figuring out where you can get the highest return with the least amount of risk.· [25:27] Why did Dr. Gurpreet decide to name his company Red Pill Kapital? · [28:09] B grade and C grade buildings are going to be more in demand because people would be able to afford it more compared to the A grade buildings.· [33:33] There is going to be a massive shift in terms of our health care.· [34:20] Now is the time to start new businesses. A lot of people have no jobs because of the impact of COVID-19.· [35:49] As an immigrant, Dr. Gurpreet sees the US as the most amazing country on earth and thinks that people don't recognize how wonderful it is.· [38:00] Trying to learn everything about a subject out of curiosity.· [39:50] If you feel like a business is leading you to a path you do not want to go or do, you have to transition away from it even if you love what you are doing.· [43:27] The most important thing that drives a business is the ability to market and gain new clients.· [45:31] It's the connection that you make with other people and your mentors that creates the real value.· [48:46] Dr. Gurpreet is selling a course for $975 available on the Red Pill Kapital's website. · [51:51] A lot of notable people recommended by Dr. Gurpreet that you should check out!· [54:01] Our economy is changing rapidly; you have to anticipate the possibilities.· [56:28] What are Dr. Gurpreet's favorite quotes?Resources: · Dr. Gurpreet Padda's LinkedIn: linkedin.com/in/gurpreet-padda/ · Instagram: https://www.instagram.com/redpillkapital/· Facebook: https://www.facebook.com/Red-Pill-Kapital-107333104008092 · Email: seva@padda.com or info@redpillkapital.com · Neal Bawa: https://www.linkedin.com/in/neal-bawa/· Jack Bosch: https://www.facebook.com/jack.bosch/· Ryan Daniel Moran: https://www.youtube.com/user/RyanMoran13· Jaspreet Singh: https://theminoritymindset.com/author/jaspreet-singh/Connect with Vee Khuu!· Website: http://www.veekhuu.com/· Facebook: https://www.facebook.com/Veekhuu/· Instagram: https://www.instagram.com/vee.khuu/· Linktree https://linktr.ee/veekhuuSupport this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Today on the Real Estate Lab Podcast, join our host Vee Khuu and his guest, Aaron Lebovic, as they talk about the Colorado foreclosure timeline. Aaron is the owner of the Renav Services Group, and they educate their clients about how the foreclosure process works. He is also a Seasoned Real Estate Agent, Instructor, and Certified Mentor of the eXp Realty. In this episode, he elaborates and shares examples of what to do in different foreclosure situations. Outline of the Episode:[00:45] The next inevitable wave of foreclosure.[04:17] Mortgage forbearance during the COVID-19.[08:43] There are two types of foreclosure: the judicial and the non-judicial.[11:34] Foreclosure Colorado timeline: What happens when a borrower goes into default?[15:02] What are the steps to get into a foreclosure auction?[18:27] There are two potential winning bidders at a foreclosure auction, one is an investor who buys the property at the auction and the other is the bank.[20:06] Junior Lienholder redemption rights can prevent the auction buyer from getting title to the property. [23:52] Aaron's example of him actively participating in a foreclosure auction. Why did he decide not to compete against the other auctioneer? [28:53] A summary of the different times of opportunity in a foreclosure.Resources: Website: http://www.renav.com/Company Website: https://aaronlebovic.exprealty.com/agentsContact: (303) 250-4440Facebook: https://www.facebook.com/AaronLebovicRealtor LinkedIn: https://www.linkedin.com/in/aaronlebovic Colorado Foreclosure Timeline: http://renav.com/timelineConnect with Vee Khuu!Website: http://www.veekhuu.com/Facebook: https://www.facebook.com/Veekhuu/Instagram: https://www.instagram.com/vee.khuu/Linktree https://linktr.ee/veekhuuSupport this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Today on the Real Estate Lab Podcast, join our host Vee Khuu and his guest, Alison Brown, as they talk about empowering women to be more confident in building their wealth outside the traditional routes. Alison is a successful real estate investor, an empowerment coach, a controller at a Civil Engineer firm, and a mother. She excels in a lot of different fields. In this episode, she shares her advice on how to train our minds and build a great mindset. Outline of the Episode:[00:55] Equality is so essential. We only have a few female investors in this field. [04:00] Doing Shavasana, the corpse pose, allows you to reflect and problem solve.[06:23] It is more important to focus on your “I help” statement, rather than your title.[08:30] We need to address the mindsets and attitudes we have that we struggle with. It's okay not to know everything.[11:08] Nothing is ever certain; there are always risks. Be okay with making mistakes and learning along the way.[13:06] School has conditioned our minds to always say the right answers. However, sometimes thinking outside the box can be the solution.[15:41] Women tend to be conservative. Start asking yourself these questions and figure the answers out.[17:42] What did Alison learn about money from her parents and her husband?[20:46] Alison's money mindset when she was 20 years old.[23:20] How and why did Alison Brown decide to get into the real estate industry? [25:36] At the end of 2019, they have acquired $5 million in cash-flowing assets.[30:14] The great partnership that Alison and her husband have. Learn to ask for help and reach out to people with experience. [32:58] Joining a syndication mentoring club by Russell Gray and Robert Helms. Asking for help strengthens the relationship.[36:49] The various niches and specializations of the people included in their syndication group.[41:17] There are different ways to get into a syndication, you can either have money or bring your skillset.[43:53] 90 days wealth empowerment coaching journey for women by Alison Brown.[46:25] Doing a 21-day gratitude challenge can impact and train the brain to move in the right direction.[48:24] Psycho-Cybernetics: Updated and Expanded by Maxwell Maltz.[49:11] How can you train your brain to start thinking in a problem solving, curious mindset?[51:07] Alison's favorite quote is the Proverb 31 woman in the Bible. Resources: Website: https://www.simplyalisonbrown.com/about-meEmail: simplyalisonbrown@gmail.comFacebook group: https://www.facebook.com/simplyalisonbrownMichael Zeller: https://www.linkedin.com/in/michaelrzeller/ Why “A" Students Work for "C" Students, and "B" Students Work for the Government Rich Dad Poor Dad by Robert KiyosakiSyndication Mentoring Club Psycho-Cybernetics: Updated and ExpandedConnect with Vee Khuu!Website: https://www.VeeKhuu.com/Facebook: https://www.facebook.com/Veekhuu/Instagram: https://www.instagram.com/VeeKhuu/ Linktree https://linktr.ee/veekhuuSupport this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Today on the Real Estate Lab Podcast, join our host Vee Khuu and his guest, Joseph Bramante as they talk about his story of being a newbie who got scammed to a successful CEO working with family offices. Joseph is the CEO and Co-founder of TriArc, a real estate investment company based in Houston, Texas. They acquire and develop multifamily properties.Outline of the Episode:[01:06]Joseph Bramante got into Real Estate by accident. How did he get scammed?[04:28] One of Joseph's ambitions is to build the tallest building in Houston.[06:19] The first deal Joseph bought is a 26-unit property. [08:35] What were the books Joseph read before he decided to buy a property? [12:05] The mistakes they made when buying the 26-unit property. [17:40] Did they do any financial due diligence checklist? [20:34] Joseph's job at ExxonMobil got terminated, found out his insurance was a scam and was notified that the property he bought that was undergoing renovation had asbestos.[23:03] The importance of having a good network. How did Joseph meet his two partners?[26:17] What did they do to solve their problem with the property?[32:15] Joseph went against what everyone was saying in his mentoring group about what he should do with the property and succeeded with his plan.[35:19] With all the experience he has now, what are the things he would do differently with the 26-unit building?[37:42] What will happen to syndicators with overpaid deals especially now with the pandemic?[43:44] Abuse of the eviction moratorium can severely hurt the real estate industry. Building a good community and staying in touch with your tenants is important. [48:40] Examples of states that are pro-tenant and pro-landlord.[50:50] What's the most important thing you need to know before accepting a deal? [54:15]Limit the size of joint ventures because it can cause a lot of miscommunications. Join smaller groups that are established.[57:38] What is Joseph and his team doing that is better than 90% of people in the Real Estate industry?[58:39] Accountability in business or company is critical.[01:01:45] What market and unit size is TriArc's forte?[01:03:36] Joseph shares the markets you should avoid.[01:07:18] What are the problems that can make apartment management extremely difficult?[1:11:41] What's the hardest thing about being an owner-operator?[01:20:12] How has Joseph's background with working for Exxon helped him with dealing with the institutional field?[01:23:54] The pitfall of being a passive in a deal with a family office.Resources:Joseph Bramante's LinkedIn: https://www.linkedin.com/in/josephbramante/Email info@triarcrep.comTwitter: https://twitter.com/joseph_bramante?lang=enFacebook @TREP.BramanteWebsite: https://www.triarcrep.com/ Schedule a call: https://calendly.com/jbramante Vivid Vision by Cameron Herold https://www.goodreads.com/book/show/38922562-vivid-visionMeeting Suck by Cameron Herold https://www.cameronherold.com/bulkmeetings Multi-Family Millions by David Lindahl https://www.amazon.com/Multi-Family-Millions-Reposition-Apartments-Profits/ Connect with Vee Khuu!· Website: https://www.VeeKhuu.com· Facebook https://www.facebook.com/Veekhuu/· Instagram https://www.instagram.com/VeeKhuu/· https://linktr.ee/veekhuuSupport this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Today on the Real Estate Lab Podcast, join our host Vee Khuu and his guest, Bob Lachance, as they talk about the importance of hiring virtual assistants in helping your business grow. Bob Lachance is a remote hiring expert and the Founder of Reva Global. Reva, short for Real Estate Virtual Assistants, provides the best suited and well-trained VAs to Real Estate investors or companies. Tune in and enjoy the episode!Get More Done With a Trained Virtual Assistant with Bob Lachance. Listen to the episode now on The Real Estate Lab Podcast! https://realestatelab.live/Outline of the Episode:· [01:16] What does Bob Lachance do for a living?· [03:08] Why and when do we need to hire a virtual assistant?· [05:55] Bob Lachance's biggest injury he got from playing hockey.· [06:42] The story of how Bob got into the Real Estate Industry.· [12:35] Get educated on how to do short sales and how they work.· [14:18] How does Reva Global help their clients in different niches of real estate? · [17:16] Onboarding process for virtual assistant hires.· [20:04] Make sure you know the type of VA you're looking for. What are the four R's to consider when hiring a new VA?· [24:00] Assigning a virtual assistant to close a deal in Zillow.· [25:40] Growing your business using Zillow, Craigslist, and Facebook Marketplace.· [27:58] Hire VAs to do specific tasks so you'll have more time to grow your company. · [30:35] Steps and tips for clients on how to offload to a virtual assistant.· [34:20] Virtual assistants have different skill sets.· [36:08] Having a quality assurance process to help your VAs improve.· [38:35] How does Bob come up with all the training processes for the VAs?· [41:10] Athletes are very resilient and can overcome a lot of challenges.· [42:00] Common myths about hiring a virtual assistant.Resources:· Bob Lachance's LinkedIn https://www.linkedin.com/in/boblachance/· Website https://revaglobal.com/· Podcast https://revaglobal.com/fcbqa/· Instagram https://www.instagram.com/revagloballlc/· Email sales@REVAGlobal.com· Contact +1 800 626-3236· Zillow Premier Agent https://premieragent.zillow.com/solutions/ · Craigslist https://en.wikipedia.org/wiki/Craigslist· Facebook Marketplace https://www.facebook.com/marketplace/Connect with Vee Khuu!· Website: https://www.VeeKhuu.com· Facebook https://www.facebook.com/Veekhuu/· Instagram https://www.instagram.com/VeeKhuu/· https://linktr.ee/veekhuuSupport this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Today on the Real Estate Lab Podcast, join our host Vee Khuu and his guest, Dr. Justin Moseley, as they talk about how to overcome your own limiting and bad beliefs system. Dr. Justin Moseley is a Mindset Transformation Coach at The Mindset Doctor and one of the founders of the Music City Health Center. In this episode, you'll learn the importance of having a good mindset in your life and for the success of your business. Stay tuned, and enjoy the episode!Outline of the Episode:· [04:58] Dr. Justin Moseley's story of how he got into the mindset. Why do a lot of people overlook it?· [08:20] The Mindset Doctor Community: Personal Growth· [10:16] Repeating your mission statement in your mind or verbally gives you more strength and energy to help you perform better.· [11:44] The importance of the power of the mind and visualization.· [17:06] Surrounding yourself with people at a higher level than you can bring out the greatness inside of you.· [19:26] How to deal with the scarcity mindset? · [22:34] The more successful you get, the more problems you are going to have. · [24:04] You need to design your life now because there is no promise of tomorrow.· [25:08] The amazing experience you'll be able to feel in a Mastermind Retreat.· [28:58] Dr. Justin's next Mastermind Retreat plans and schedule.· [30:00] Always be open to opportunities. Push yourself and others to think bigger.· [32:43] The most challenging part of Dr. Justin's work is the time commitment.· [34:33] What is the Wealth Dynamics Profile Test?· [36:05] A rundown of how a Mastermind works.· [39:02] Creating an alter ego will guide you to be the person you want to become.· [43:14] Repetition is the mother of any kind of skill. You need to be consistent.· [44:44] Investing in yourself will help you get to your goals faster.· [48:20] Napoleon Hill's Think and Grow Rich book and Bob Proctor's Money Affirmations are great tools to dive in when reaching for success.· [50:16] What is Dr. Justin's favorite quote?· [50:50] Check out Dr. Justin's Facebook Group for great videos about mindset.Resources:· Dr. Justin Moseley's LinkedIn https://www.linkedin.com/in/drjustinmoseley/· Facebook https://www.facebook.com/drjmoseley· Facebook Group https://www.facebook.com/groups/themindsetdoctor/· Facebook Page https://www.facebook.com/pg/DrJustinMoseley· Email drjustin@drjustinmoseley.com· Website https://drjustinmoseley.com/ · Think and Grow Rich by Napoleon Hill https://en.wikipedia.org/wiki· Money Affirmations video by Bob Proctor https://www.youtube.com/watchConnect with Vee Khuu!· Website: https://www.VeeKhuu.com· Facebook https://www.facebook.com/Veekhuu/· Instagram https://www.instagram.com/Vee.Khuu· https://linktr.ee/veekhuuSupport this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Join our host, Vee Khuu, and Steve Matley as they talk about low competition and high profit real estate investing. Do you think it's impossible, let's find out on the show! Steve is the chair of construction management for the New School of Architecture and Design in San Diego. He's the president and managing partner of Coast 2 Coast Equity Inc. Steve talks about the potential of land entitlement, the risks involved, and the great opportunities that await!Resources:· Steve Matley LinkedIn· Coast 2 Coast Equities· Email: smatley@coast-2coast.com· NewSchool of Architecture and Design· James Malinchack· Secret Millionaire· Real Men of Real Estate · Building Solid Foundations· Toastmasters· Craig Duswalt· Jumanji· See You at the Top· Think and Grow Rich· How to Win Friends & Influence People· Acres of Diamonds· Finest Women in Real Estate Connect with Vee Khuu!WebsiteFacebookInstagram Linktree Support this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Today on the Real Estate Lab Podcast, join our host Vee Khuu and his guest J. Massey as they talk about how his company dealt with the pandemic. J. Massey is the CEO and the Founder of Cashflow Diary, a company that provides training and development to educating short-term rental entrepreneurs. In this episode, you'll learn why it is essential to start before you are ready, to fail fast, fail forward, and fail frequently, and the importance of having the right mindset. There is a lot to unpack, so we hope you listen to the podcast! [NOTE] I wanted to apologize for not pushing out any new episode for the last few weeks. There were some unforeseen circumstances with my editing team and we haven't been able to work on the podcast. Thank you for your support through out.Support this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Today on the Real Estate Lab Podcast, we don't have any guests, but I'll be sharing something really interesting with you. We're going to dive into the question, “is it time to sell?” Recently I've come across an article written by Jeff Andrews, and I've put this episode together to give you my opinion on the matter. Stay tuned, and enjoy!Outline of the Episode:[01:27] Is it time to sell?[02:11] The businesses that closed down. What does all this mean?[05:02] Why are prices still rising? We have been in a scorching hot market for a long time![08:24] How is this any different from 2008? [11:08] Forbearance is just a delaying of something inevitable.[15:42] Preparing for what is going to happen in the market.Connect with Vee Khuu!WebsiteFacebookInstagram LinktreeSupport this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

We have a special episode prepared for you today. On this podcast (and all the other podcasts you listen to), we've had so many people talking about wholesaling, flipping, mobile home parks, apartment buildings, and multifamily investing. But this guy on the episode is in a space that you might have never even heard of before! Join our host, Vee Khuu, and the “Land Guy” himself, Jack Bosch, as they dive deep into the world of selling land! This particular niche is something that not a lot of people are talking about. Somehow, this business has gone under the radar to many people despite it being easy and lucrative! Jack's students use an effective program to profit handsomely and enable them to venture into other passions or businesses. So, make sure to stay tuned, and enjoy the show here on the Real Estate Lab!Learn how you can 10x your profits in the business of selling land! Listen to the show now on the Real Estate Lab Podcast! https://bit.ly/RealEstateLabPodcastResources:· Jack's Facebook· Jack's Twitter· Jack's YouTube· Jack's Instagram· Jack's Website· Land Profit Generator· Email: JackB@orbitinvestments.com Connect with Vee Khuu!WebsiteFacebookInstagram LinktreeOutline of the Episode:[05:44] Honduras versus Germany. Who would win?[07:01] Coming to the US from Germany in 1977 and falling in love with the mentality.[08:50] Buying a piece of land for $400 and selling it for $10K![14:16] What do his buyers do with the land they get? They're usually the same as him![18:53] Selling land and different exit strategies. [20:58] Double closing, assignment, and wholesale deals. Getting profit just from downpayment![26:12] Dodging Dodd-Frank regulations and the IRS![30:44] Taxes paid when selling land and strategies you can use to your advantage.[34:16] Figuring out the value of a piece of land.[39:46] Assessed Values and the math behind a property's worth.[42:10] Not having to do a lot of due diligence. [48:51] Minimizing your efforts and costs by having the buyers conduct the surveys.[51:46] A typical conversation with a seller. People who inherited land versus people that know everything about the property.[54:56] Different reactions to getting low offers, and Jack sending them another letter in six months![56:55] Junk lands exist! How can you make sure you don't buy worthless land?[59:20] Remember, you don't need the money for the deals! But how much money do you need for the other parts of the business?[1:02:17] Response rates? What matters is how much you make for each response![1:03:57] Follow your own system! Don't get overconfident.[1:06:06] The Forever Cash Hall of Fame? How can you get into it? Facebook Groups with international members![1:11:33] Books and resources. Get rid of the excess things in your life and focus on the important things![1:13:55] Life is not meant to be lived small.Support this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Join Vee Khuu and Jason Pero as they talk about investing in multifamily during the pandemic. Is it safe? Should you bite into the market with all the uncertainty? It's as simple as raising the rent later, right? These are the questions that we will get into. With everyone talking about the potential benefits of going all in, it's essential to know the value of staying conservative and investing in stable markets. While focusing on growth is needed, you cannot forget about maintaining your business by making room for unexpected situations! [02:21] How did Lebron James' career choices affect Jason's relationship with his wife?[04:29] Not wanting to work on a farm and the kind of life in Pennsylvania.[06:51] The mindset of making money to get the things you want, even from a young age. How did a couple of school teachers have a net worth in the millions?[11:51] A $32K duplex as the first rental property. Set up for your financial future![13:42] The market before and after 911. Was it really a crisis across the country?[16:36] Enjoying predictability and stability in his market through investing in small towns.[18:18] Mistakes in multifamily – being too aggressive with assumptions. It always pays to have a conservative approach.[23:06] How a conservative approach is going to preserve you as an investor. Make sure to have available reserves for “break in case of emergency” situations![27:30] The definition of financial freedom and the importance of finding mentors. Copy the successful methods of the people that have done it before you.[33:04] Trying to keep on an even keel. Don't get too high or too low. Remember where you came from![34:37] Be radically open-minded and at peace at the same time. It's a life of continual learning and finding opportunities.[38:38] Having defined goals and expectations in real estate. Are you ready to fire people?[41:20] The challenge of feeling satisfied and knowing where to expand.[43:10] Crash and Learn: what is it about? You don't have to brag about your nice things![46:54] Financial goals are empty – focus more on your happiness![48:55] Experience with the Darren Hardy mastermind. Is it necessary to join one?[55:14] Hiring people that are better than you. Be comfortable in having other people make the decisions for you!Resources:Pero Real EstateJason's LinkedInJason's FacebookCrash and LearnRich Dad, Poor DadThe Millionaire Next DoorThree Feet From GoldDarren HardyAdam Adams Connect with Vee Khuu!WebsiteFacebookInstagram LinktreeSupport this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Join Vee Khuu and Livable as they talk about the basics and benefits of RUB systems. Livable is a company that helps property owners and investors increase their ROI and decrease their expenses. Livable is a utility billing and management company that provides an efficient system to consolidate billing. But, how do these systems work, and why you consider implementing such a service? All these and more, on the Real Estate Lab!Resources:LivableEmail: comesave@livable.comContact number: (877) 789-6027Livable CalculatorSupport this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Learn how you can turn multiple streams of income into a raging river of wealth! – Listen to the show now on the Real Estate Lab Podcast! https://bit.ly/RealEstateLabPodcastResources:· Jake and Gino· The Honey Bee· Wheelbarrow Profits· Family, Food and the Friars· Email: hello@jakeandgino.com· Relentless· Customer Service Revolution· Never Lose a Customer· Atomic Habits· MindsetOutline of The Episode[04:09] Gino's favorite dish to eat out of all his tutorials.[04:45] Creating multiple streams of income and eventually getting into real estate.[06:41] Selling his restaurant right before COVID-19. How does it feel to let go of a part of yourself?[09:06] Why is apartment investing a critical field for investors to understand? Gino was able to get into it while working with his restaurant![11:33] The American Dream has changed over the years. It's now reclaiming our time, working on something that we love to do, and giving back.[15:24] Things always work in threes.[17:40] The reason behind the name Wheelbarrow Profits.[19:29] The importance of building multiple streams of income and being competent in whatever field you're in.[22:59] When should you decide to make another stream of income?[27:50] The reason for writing his book, The Honey Bee. The risks of having only one stream of income. [28:23] Who should read The Honey Bee? Always be ready to look for complementary streams of income.[29:55] The unique points of the book, teaching how to get something done, and knowing who can help.[30:40] The significance of financial control. You have to drop instant gratification![33:04] Should you put your money in a 401K? You want leverage, liquidity, and control.[34:38] The biggest scam in the world![35:24] It's the right time when you're ready. Look at what's happening with W2 jobs. [37:19] The value of education and being responsible for your actions. Surround yourself with people that will push you to success![40:00] How much has he spent on education? You won't believe it![41:33] We're all just winging it! Continue to take baby steps and learn more![42:52] All successful people have a coach. There's value to paying rather than investing your time in free things![44:25] Don't make the mistake of staying in your comfort zone! Get out there and try new things! Gino regrets not jumping into real estate earlier.[45:06] The problem with old properties as they get older and the transition to newer brick builds.[46:56] Gino's resource recommendation and his take on homeschooling. It's not about the smartest person, but the one who works the hardest.Support this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Join Vee Khuu and Jerome Myers as they talk about his experience with getting into real estate as he left corporate America. Jerome is the kind of investor that likes to give opportunities to others. He gives his take on expensive coaching programs in the space and his love for joint ventures. There is a lot of value to experience and using it to drive growth for your business, rather than paying for courses with promises that are too good to be true. Stay tuned, and enjoy the podcast!Guest's contact:· Connect on LinkedIn – https://www.linkedin.com/in/jeromemyers/· Listen to the DreamCatchers Podcast - https://soundcloud.com/dreamsshouldbereal· Watch the DreamCatchers Podcast - https://www.youtube.com/channel/UCooy2LtVZEmGafiyEQmxLhA· Gain access to real estate investing education – www.MyersMethods.com· Learn more about the Myers Development Group – www.d3v3loping.com· Watch Myers Methods Masterclasses - https://www.youtube.com/channel/UCj9lIRCit-ULEiI4GTuJ4ww/· Free 15-minute Multifamily Kickstart Call - https://calendly.com/d3v3loping/kickstartSupport this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Resources:· Kyle Marcotte https://kylemarcotte.com/· LinkedIn: https://www.linkedin.com/in/kyle-marcotte/· Facebook https://www.facebook.com/kyle.marcotte.52· Instagram https://www.instagram.com/kylemarcotte9/· Email: kyle@kylemarcotte.com· Crushing it in Apartments https://www.amazon.com/Crushing-Apartments-Commercial-Real-Estate-ebook/dp/B01N6DKA10· Shopify https://www.shopify.com/· Rich Dad Poor Dad https://richdadeducation.com/Country/· Gary Vee https://twitter.com/garyvee· Tony Robbins https://twitter.com/tonyrobbins. Details Show Notes: https://realestatelab.live/ep-31-kyle-marcotte-dont-just-sit-there-how-he-built-a-5-5m-portfolio-at-21/Outline of the Episode:· [03:30] Kyle's favorite striker in soccer.· [04:11] How he decided that real estate was the best route for him as a sophomore at UC Davis.· [06:39] His process of educating himself first through books and podcasts before going to local meetups.· [08:40] Understanding the whole picture first before learning in detail. Everything in real estate is interrelated!· [09:46] The details of his first meetup and meeting Neil Bow as he was on his way to stardom in the real estate space.· [11:08] Being able to raise capital through finding partners and private equity at 20 years of age.· [12:53] Common objections that people say to a 20-year-old real estate investor and the hardest opposition. Never underestimate the power of authenticity and confidence!· [18:05] Limiting beliefs and his inspiration for defeating these thoughts.· [21:20] Having people that helped in key life moments and the effects of third party validation.· [22:25] Kyle's mentor-ship program. Helping young people find what they really want in life through financial education.· [24:43] The costs and the things to expect from the program. How many clients does he manage?· [28:07] Internal and external metrics to look for on deals.· [30:24] Defining conservative underwriting at this time of uncertainty.· [33:06] The lesson he learned from sports that transferred to real estate: focusing on helping. Life is not about you; it's service rather than significance!· [35:05] Biggest challenge: staying inside all day as an extremely active person.· [35:57] Kyle's superpower of connecting emotionally.Support this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Join Vee Khuu (Real Estate Lab Podcast), Michael Brady, and Alex Shandrovsky's (Madison 1031) discussion about Qualified Intermediaries and 1031 Exchanges. Madison 1031 is a widely-respected company in the real estate industry with many years of experience. They talk about different kinds of exchanges and the differences between a 1031 Exchange and opportunity zones. Can it be used for syndication? What if someone leaves the partnership? When should I NOT go for a 1031 Exchange? These are some of the questions that Michael and Alex answer on the show. Stay tuned, and enjoy!Resources:· Madison 1031 https://www.madison1031.com/· Michael Brady LinkedIn https://www.linkedin.com/in/mikesbrady/· Michael Brady Phone 631-241-3812· Email: mbrady@madison1031.com· Alex Shandrovsky LinkedIn https://www.linkedin.com/in/alex-shandrovsky/· Rev. Proc. 2005-14 http://www.irs.gov/pub/irs-drop/rp-05-14.pdf· Bernard Reisz https://www.401kcheckbook.com/· Yonah Weiss https://www.linkedin.com/in/cost-segregation-yonah-weissSupport this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Resources: The Cash Machine https://buildmycashmachine.com/The Cash Machine Book https://www.amazon.com/Cash-Machine-Persistence-Financial-Independence/dp/1623930197/Knobs.co https://www.knobs.co/Kiyosaki https://www.instagram.com/therealkiyosaki/Rich Dad Poor Dad https://richdadeducation.com/Country/Yonah Weiss https://www.linkedin.com/in/cost-segregation-yonah-weissOutline of the Episode:· [03:08] Introduction: working as a personal assistant to the Interpol Secretary-General· [05:47] Finding time to do fascinating things after being a litigator. He traveled over 20 countries!· [07:45] Selling cabinet hardware online, earning as much money as needed, then earning way more than needed.· [10:45] The difference between conscious and subconscious thinking. Justifying things consciously but still making dumb decisions.· [12:50] An epiphany about financial difficulty, understanding stuff on his own, and researching everything from credit cards to real estate.· [19:59] His mistake of sinking a ton of cash into renovating his house and ended up losing it just to pay back his debt to his parents.· [21:05] The main characters in his book The Money Machine, the college drop-out, the one who looked for a well-paying career, and the woman who dated the former but acts like the latter! · [27:17] The inspiration behind his book. A discussion on assets and liabilities.· [29:00] Yona Weiss and how Dave learned depreciation from him.· [32:30] The other character in the story who had an agenda against the IRS!· [36:29] How to use the tax code to your benefit and differences between index funds and mutual funds.· [42:52] Is there a way to avoid taxes in the United States?· [43:54] His goals for the book. Getting others financially literate, asking the right questions, and being exposed to financial matters.· [47:23] Doing better financially, but not spending more money. · [50:15] Be a tail to lions rather than a head to foxes.Check out www.RealEstateLab.Live for details show note!Support this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Contact:· Life Bridge Capital https://lifebridgecapital.com/· Email: whitney@lifebridgecapital.com· Personal Facebook Page https://www.facebook.com/profile.php?id=100007177305288· Facebook Page https://www.facebook.com/lifebridgecapital/· Facebook Group https://www.facebook.com/groups/realestatesyndication· LinkedIn: https://www.linkedin.com/in/whitney-sewell/· YouTube: https://www.youtube.com/channel/UCoq3fSg3aKiEzyWBhY-5kKA· Twitter: https://twitter.com/whitney_sewell· Instagram: https://www.instagram.com/whitneysewell/My contact info· Website: https://www.realestatelab.live/· Facebook https://www.facebook.com/Veekhuu/· Instagram https://www.instagram.com/VeeKhuu/· https://linktr.ee/veekhuuOutline of the Episode:· [03:15] Introduction: vaulting and riding horses· [04:05] What was so interesting about real estate that made Whitney go to a Rich Dad, Poor Dad training?· [04:55] Is trusting your realtor too much a mistake? Don't they care about my investments?· [07:40] How he got into his first deal through syndication· [09:40] Who Whitney's first mentor was· [11:00] As a passive investor, do you vet the operator or the deal itself?· [11:35] Qualities to look for in an operator. Make sure to build relationships first!· [13:45] Waterfall structures and preferred returns· [18:20] A three to five month booking process for a 20-minute call· [19:52] Anyone who wants to invest in real estate is an ideal investor! It's all about trust and understanding the risks.· [21:35] Underestimating the level of commitment for his whole family going into syndication· [23:50] Daily podcasts, the amount of work involved, growing his network, building a team, being able to stand on other stages· [29:30] Helping families and adopting three children· [32:30] The benefits of a “never give up” mentalitySupport this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Contact:Anselmo's Email atorres@sasconserve.comAnselmo's LinkedIn https://www.linkedin.com/in/anselmosaveswaterandmoney/Kelly's Email kstinson@sasconserve.comKelly's LinkedIn https://www.linkedin.com/in/thepottyprincess/Company Website https://sasconserve.com/Connect with Vee KhuuFacebook https://www.facebook.com/Veekhuu/Instagram https://www.instagram.com/VeeKhuu/Podcast https://www.realestatelab.live/Outline of the Episode:•[04:40] The Cowboys and Sooners in Kelly's family and her Princess Potty nickname. How did she get that odd title?•[08:24] Anselmo's photo with his dad near the Eiffel Tower. If given a chance, what would he talk about with his favorite person? Who is this favorite person?•[10:05] Installing high-efficiency plumbing fixtures in the multifamily channel, potentially boosting asset values by almost $770,000 for 200 units in about five years•[12:00] Their due diligence process: conducting studies on 100% of the units, going into each unit, measuring data, and documenting leaks.•[14:00] Most typical kinds of leaks. You never know what you can find in each unit. How much water is wasted?•[18:00] Sending a letter to tenants to save water vs. installing high-efficiency fixtures. How tenants act when they have a RUB System in place.•[22:45] Tools used to measure the flow and listen for leaks. You'll be surprised to see the differences between each toilet!•[29:00] How affordable are the services and maintenance offered?•[29:55] The destruction that water can cause to households. Better check these out on your own houses or units!•[32:19] What's in it for passive investors? Isn't this for owners only?•[40:30] Can you still get help even if you don't have a sizable number of units? Are there free consultations?•[42:00] Fees, other costs, and how much can be done in a single day. How early can you see the benefits?•[43:26] Anselmo's journey throughout the country walking on different properties. Kelly's recollection of doing a water assessment between buildings while wearing high heels. •[46:30] The changes made in consideration for the quarantine, reducing the fear from tenants, keeping own employees safe, and preparing for when the restrictions are lifted.•[50:10] The great benefits of using low flow toilets, how much they cost, and warranties. They're virtually maintenance-free, so you might want to check it out!•[57:40] After-social distancing plans! Support this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Contact:Justin Cooper's LinkedIn www.linkedin.com/in/justincooper1/Pine Financial Group www.PineFinancialGroup.comFacebook www.facebook.com/JustinCooper11Twitter https://twitter.com/JustinCooper1Book a Call with Coop www.CallwithCoop.comOutline of the Episode[00:00:52] Introduction: How good was he really at basketball? He played in grade school! [00:01:22] Starting in real estate, newbie mistakes, and learning from courses. How did he lose around $10,000? [00:05:50] He dreamed of becoming a hard money lender at 50 or 60 years old, but became one in his 30's.[00:08:30] The value that a property manager can bring.[00:11:00] Lessons learned since joining Pine Financial. The biggest thing Justin missed in his first and only loss in real estate.[00:12:35] Pine Financial, their three core members in the early days, and their responsibilities.[00:15:30] Content Marketing, teaching classes, and success summits.[00:18:09] How is Pine Financial different from other hard money lenders? Is 100% financing as good as it sounds?[00:23:05] Going up to 70% loan to value after the ARV. Even if things go wrong, Pine Financial guarantees a good profit margin.[00:25:41] Increase in purchase prices and higher construction costs affecting ARV's[00:27:48] Questions you should ask fund managers. How long they've been doing business? How much have they done already?[00:29:45] How can Justin help successful entrepreneurs find other avenues to invest in fulfilling their goals?[00:34:05] The challenge of avoiding being a helicopter parent![00:34:50] Analysis paralysis, overthinking, and taking action.Support this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Contact: Dmitriy Fomichenko's LinkedIn https://www.linkedin.com/in/dfomichenko/Sense Financial Services https://www.sensefinancial.com/Facebook https://www.facebook.com/dfomichenkoEmail dmitriy@sensefinancial.comOutline of the Episode:[00:00:52] Introduction: Growing up in Russia, moving to the U.S., mechanical engineering, and solo 401(k)'s.[00:07:49] Don't rely on just your full-time job, diversify your income sources! [00:09:55] A solo 401(k) crash course: What is it, and what benefits does it give you?[00:14:25] Is it possible to use a solo 401(k) in combination with a health savings account? Is that even profitable?[00:15:47] The similarities between a Solo 401(k) and Self-Directed IRAs in purchasing real estate or investing.[00:19:23] The heavy risks to partnering with your IRA or 401(k). What is a prohibited transaction? If you commit one, which of the two allows you to fix it?[00:23:45] Dmitriy's secret to utilizing the benefits of 401(k)'s himself.[00:25:10] There are tax liabilities we should pay attention to for 401(k)'s. What are these?[00:28:10] The existence of a Roth component of the solo 401(k). How does that work?[00:30:52] Requirements to meet if you want to get 401(k)'s.[00:34:25] Is there a profit margin that you need to consider? How much would that be?[00:38:00] Distributions taken from Roth IRAs are tax-free, right? What about the Roth component of a Solo 401(k)? How are the tax-deferred and tax-free differentiated?[00:40:50] Dmitriy had a painful but fruitful path to financial freedom.[00:43:00] They can because they think they can, and they can't because they think they can't!Support this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Contact:Frank RolfeE: FrankandDave@MobileHomeUniversity.comW: www.MHU.comShow note:[00:06:36] Does Frank need a pistol?[00:09:22] What Frank didn't know about the mobile home park business?[00:13:20] Benefits of being ranked?[00:18:06] Should you increase rent upon park take over?[00:21:46] How has Frank's life been affected by the John Oliver clip?[00:25:27] Why can't you build new mobile home park?[00:29:44] Tiny Homes are illegal! Why?[00:38:59] Local government around the US has all the reasons to want to shut down all the parks in the U.S.[00:52:04] Establish your criteria before looking for parks to buy.Support this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

ContactAlfonso SalemiE: info@JAAGproperties.comW: www.JAAGproperties.com and www.REITEclub.comPodcast: The REITE Club PodcastShow Notes[00:07:24] How Alfonso get started[09:34] What intrigue Alfonso about Rent To Own?[00:13:06] Even with the same strategies, there is uniqueness in the way each investor runs their own business.[00:17:01] How Alfonso runs his rent to own business.[00:21:33] How Alfonso and his investors buy properties[00:25:14] Alfonso shares his knowledge about the Canadian Market[00:28:49] How to pick a great tenant buyer?[00:29:19] Besides the numbers (credit and income), it's important to find out how motivated your tenant buyers are to become a homeowner. [00:37:23] When you take in the option fee, make sure to disclose it so you don't have to give back the money when the tenant-buyer cannot execute.[00:39:39] How landlord friendly is Ontario? [00:42:38] Who's responsible to take care of the maintenance?Support this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

ContactEmail: DrAmanda@NFACoaching.comwww.NFACoaching.comwww.linkedin.com/in/NFACoachingwww.instagram.com/NFACoachingwww.youtube.com/NFACoachingwww.facebook.com/NFACoachingShow NotesGet love notes from your money: www.DailyMoneyLoveNotes.comAt the time of my recording, everything was still going great. We were on top of the bull market. And now, as you are listening to this podcast, things are not the same. You might be at home, in self-quarantine at the moment. This episode is what we need more than ever.If I can help or support you in any way, don't hesitate to reach out. I am just one phone call away. Reach me at www.CallwithVee.com[00:06:20] Listen to Dr Amanda as she shares her background with us[00:10:26] Amanda was in grad school with three kids and on food stamps...[00:19:41] What is Demartini method?[00:24:11] Tap into your genius juice[00:28:53] The 7 Ps of profitability[00:33:33] Tackle imposter syndrome[00:37:59] How to get your inner voice/ inner critic out of your head?[00:42:04] How to have a powerful network?[00:44:32] Connections from mastermind eventsSupport this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Karen FordContact:www.KarenFord.ORGhttps://www.facebook.com/moneymanaging/@kbfmoneymanagingKaren's Books: Money Matters: Motivation, Methods, and Manners for Increase! - https://amzn.to/2xdZV6aYou Can Do It!: Real Estate Investing Made Simple - https://amzn.to/3bhottF[00:00:54] Highlight some key members of the mastermind community that I am in. Stephen Byrum: https://www.facebook.com/stephen.byrum.7 - @Stephen.ByrumMelinda Byrum: https://www.facebook.com/minimepaulDaniel Swaw: https://www.villagerealestate.com/agents/180679-Daniel-Swaw/[00:06:24] Karen's first transaction...[00:07:00] What are State Auditor Offices?[00:08:44] What to do when you buy the property?[00:11:17] What's the State Auditor Auction process?[00:14:56] What to do if the owner wanted to redeem?[00:15:37] At the time of this recording, the market was really hot. As you are aware, today we are living in a world of uncertainty due to the Coronavirus (COVID-19).[00:17:26] How long do you have to wait after the winning bid to get the house?From the day you get the house, it will take 3 to 6 months for you to get the deed.[00:20:13] Karen changed gear to invest in real estate from her RN job.[00:23:55] Acquire and dispose of properties through auction.[00:24:29] Karen uses Joe R Pyle auction to get rid of her properties (https://joerpyleauctions.com/)[00:25:56] Karen shares her current career as a master financial coach.[00:35:34] The unexpected benefit of financial coachingCheck out other episodes of the >> Real Estate Lab Podcast

Contact:Chris PrefontaineEmail: support@smartrealestatecoach.comWebsite: https://www.smartrealestatecoach.com/Podcast: http://www.smartrealestatecoachpodcast.com/Facebook: https://www.facebook.com/smartrealestatecoach/YouTube: https://www.youtube.com/smartrealestatecoachFree Resources:Free Book: https://links.realestatelab.live/ChrisFree Webinar: http://bit.ly/2INRJvTShow Notes:[00:01:10] If you want to learn more about the coaching program, schedule a call with me at www.CallwithVee.com[00:01:23] Grant Baldwin (http://grantbaldwin.com/) recently released a book called The Successful Speaker: Five Steps for Booking Gigs, Getting Paid, and Building Your Platform (Check it out https://amzn.to/3aXCcpy)[00:03:21] You can get a copy of Chris' book for free at this link https://links.realestatelab.live/Chris[00:04:08] If you want to attend a live event, Chris is putting on an event in early April called Biz Scaling. Check http://bizscaling.com/ for details!Or you can go to his event in Fall called QLS Live - http://bit.ly/2WecMj3[00:05:18] Chris shares his experience about the dinner he had with Dr. Joe Vitale.[00:10:38] What does it mean to buy real estate with term?[00:13:09] Chris talks about an example of a recent deal his team did.[00:15:40] How Chris structure his deals[00:18:06] What are the three paydays?[00:22:01] How to get deals in hot markets?[00:25:51] System and process that Chris and his team use[00:33:34] You can go to this link for Chris' free webinar: http://bit.ly/2INRJvT[00:45:14] What do you do if you need rehab money?[00:50:15] Chris does something really cool with his associates along with the Wheels Up ProgramSupport this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Contact Info:Bonnie Griffin KaakeP: 720-504-5776E: BonnieGK@costsegregationservices.comW: https://links.realestatelab.live/bonnieShow Notes:[00:00:58] Accelerated Mastermind hosted by Michael Zeller[00:02:01] Shout-out to my friend, Kristen Boss - https://www.kristenboss.com/[00:04:34] Bonnie shares her favorite cause to donate money to.[00:06:37] What's tangible property regulation?[00:08:21] Real life example of what you could do with this tax law.[00:13:12] How to capitalize on these benefits?[00:16:17] How to offset active income?[00:17:00] 95% of cases claimed to be real estate professional get overturned when the IRS do audits.[00:21:10] Real Estate Professional Category[00:22:57] Material Participation[00:32:59] Being a real estate professional doesn't automatically turn your passive loss into active loss.Support this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Contact:Facebook Group: https://bit.ly/2HizjmCYouTube: texasrealestateradionet.comFacebook: https://www.facebook.com/TXRealEstateRadio/Instagram: @texasrealestateradionetworkTwitter: @TexasRealEstat2Show Notes[00:01:12] Dr Greg Reid's Three Feet from Gold: Turn Your Obstacles into Opportunities! - https://amzn.to/3cnSB8a[00:05:16] Robert shares his background[00:08:46] Jason Bible shares when he changed the business operation[00:09:59] Robert Orfino shares the story of how they met[00:13:03] Jason sold his business and immediately jumped into buying long term rentals.[00:13:56] Jason's business model[00:14:45] You need good construction crew, capital to take down a building and good property managers.[00:18:08] How Robert and Jason find the funding and deals[00:23:50] Flooded properties[00:28:57] How to get in to their 506C fund.[00:32:42] What you need to get started.[00:43:37] Robert shares info about his mastermind. You can text 281-401-9008 for more info.[00:57:12] Books that Robert shares:- Rocket Fuel: https://amzn.to/2PHqvuG- The Tao of Pooh: https://amzn.to/2TeSELNSupport this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Show NotesContact Info:Chris MilesEmail: Chris@MoneyRipples.com or info@moneyripples.comWebsite: www.MoneyRipples.comPodcast: The Chris Miles Money ShowSocial Media: www.facebook.com/moneyripples[00:01:23] Vee shares about his friend's company, Qualified Apparel. Each item purchased at this site, Ryan Huff, the founder, will donate enough money to feed 20 meals via Feeding America. Check them out at www.Qualified-Apparel.com[00:05:21] Chris shares about his main plan before going into real estate.[00:07:35] Chris met financially free people who were in their 20s and 30s, and that's what got him interested in real estate.[00:08:04] Chris retired in 2006 at the age of 28. But shortly after that, the recession hit, and he was upside down.[00:09:03] Chris shares with us the mistakes he did around the recession period. One of the mistakes was he was counting on appreciation too much.[00:09:58] Another mistake was that Chris cut off the other income streams he had.[00:12:23] Chris shares info about the "income trap."[00:14:47] How do you get your real estate to pay you twice?[00:23:01] Chris starts to talk about infinite banking and whole life insurance.[00:27:06] Example of this infinite banking concept[00:30:10] What if you never pay back your loan?[00:41:52] Who is this strategy NOT for?[00:51:44] Books that Chris had given out the most:- Think and Grow Rich: The Original, an Official Publication of The Napoleon Hill Foundation: https://amzn.to/2wFutgU- Rich Dad Poor Dad: https://amzn.to/38RaXMJ- Killing Sacred Cows: Overcoming the Financial Myths That Are Destroying Your Prosperity: https://amzn.to/38Rq6xBTranscription available at www.RealEstateLab.liveSupport this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Show NotesTravis' Contact:travis@ashcroftcapital.com https://www.facebook.com/travisjwatts www.linkedin.com/in/traviswatts1234 https://www.biggerpockets.com/users/TravisWatts Instagram @passiveincometravelers[00:00:38] Schedule a call with me at www.CallwithVee.com[00:01:04] Check out my interview with Erik Smith from Fitness and Finance Podcast at www.FitnessNFinance.com[00:02:12] Tickets for BEC20 available here: http://bit.ly/31D16Ho - Use code "GOALS20" to save 20% at checkout[00:03:59] Travis started his investing journey with the book Rich Dad Poor Dad - https://amzn.to/31M360c[00:07:04] Travis shared info on his first passive transaction. He put too much emphasis on a Pro-forma. Pro forma is a financial statement produce based on certain assumptions and projections.[00:07:31] You are not investing so much in the deal but the team.[00:08:28] Travis talks about his investing process. He starts with vetting the sponsor/ operator. Then looks at the market and the deal itself.[00:09:36] Travis dives into how to vet a sponsor.[00:12:19] What questions should you ask the operator? You can also download a guide of all the questions to ask at www.ashcroftcapital.com/passiveinvestor.[00:14:33] Travis shares the red flags to look for when vetting someone[00:18:28] How Travis work on his deal flow[00:21:48] How to find what conference to attend to find good operators.[00:28:14] Travis shares a day in his life[00:34:46] Travis shares his last thoughts on what investors should pay attention to before going in a deal.Full transcript available at www.RealEstateLab.liveSupport this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Show NotesPaul's Contact Info:www.WellingsCapital.comTwitter: @PaulMooreInvestEmail: Paul@WellingsCapital.com[00:01:32] IF you want to stick with your resolution and goals, read Atomic Habits by James Clear - https://amzn.to/38ZBqHq[00:02:22] Paul's book is called The Perfect Investment: Create Enduring Wealth from the Historic Shift to Multifamily Housing - https://amzn.to/2ScvBj7[00:04:35] Paul realizes that his degree in Petroleum Engineering tied to oil prices. [00:05:14] A few years after getting his MBA, Paul started to work for Ford Motor Company.[00:05:46] Paul and his friend started a staffing company. [00:07:02] Paul explains the differences between investing and speculating.[00:08:29] True wealth are our assets that produce income.[00:09:19] Commercial real estate's value formula.[00:11:53] Warren Buffett Model[00:13:03] Paul mentioned Gary Keller's book. The One Thing - https://amzn.to/37SLrGj[00:13:35] Adding value to self storage units.[00:18:42] Paul explains how well self-storage units did in the last downturn.[00:21:34 - 00:23:45] How to research what area needs more self-storage units.[00:24:39] How to research the operator.[00:33:50] Things to look for during due diligence of a self-storage unit. [00:38:19] Learn to pull the plug quickly[00:45:16] Paul suggests finding a book on senior living and readCheck out full transcript at www.RealEstateLab.liveSupport this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Roni Elias' Contact Info:Email: Roni@YourTCP.comWebsite: www.YourTCP.comShow Notes[00:03:11] Meet Roni in person at the Best ever Conference in Keystone Colorado (https://bit.ly/36utBb8)Use coupon code "GOALS20" to save 20% at checkout[00:04:08] Roni and his company donates to Hands Along The Niles (https://www.handsalongthenile.org/)[00:11:39] Roni starts talking about litigation financing.[00:13:16] Roni shares examples of how litigation financing works[00:19:11] Roni explain why his company will only fund a case but will not step in as the lead litigator[00:24:17] Ronis talks about what he looks for in a case to decide whether or not his firm will fund that case[00:27:27] Roni shares example on repayment structure[00:31:29] Roni breaks down the differences in using litigation financing from a firm such as TownCenter Partners vs using a contingency law firm[00:33:40] Roni tells us the reason behind why his firm doesn't provide litigation financing in certain statesCheck out more episodes and full transcript at www.RealEstateLab.liveSupport this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Bernard Reisz CPA is the founder of 401KCheckBook.com which gives investors direct control of their tax-sheltered funds for real estate equity and debt opportunities using checkbook controlled IRAs, QRPs, Solo 401K(s) and Checkbook Life Insurance. He's also the founder of AgentFinancial.com which provides tax strategy, entity, and financial services to real estate professionals, including real estate agents, real estate investors and mortgage brokers. SHOW NOTES:[00:07:01] Bernard explains the different types of QRPs out there. [00:11:17] Bernard explains how to correct a mistake you make in a check book 401K.[00:12:40] Bernard explains about prohibited transactions[00:13:21] What are the differences between IRA and 401K? [00:15:02] Bernard explains the rules required to have a solo 401k.[00:21:51] You have to include someone in a 401K plan only when they work a minimum of 1000 hours per year for your business.[00:25:36] Traditional IRA, you can put in on an annual basis of $6,000. With QRPs, you can put in $56,000 a year[00:26:33] Bernard explains UBIT and UDFI.[00:30:49] Bernard explains how UDFI tax works.[00:43:33] Cannabis businesses qualify for QRPs.FOLLOW BERNARD REISZ:Websites: https://www.401kcheckbook.comLinkedIn: https://www.linkedin.com/in/bernard-reisz-cpa/Consult and Free Entity Formation Call: https://bit.ly/2Rw9N1vEmail: Bernard@ReSureFinancial.comJoin our free Facebook Group at www.EastWestVentures.com/AIMSListen, subscribe, rate and review: Apple: https://apple.co/2BdPdeJiHeartRadio: https://ihr.fm/2MPxyAuSticher: https://bit.ly/2pUgd0vListen Notes: https://bit.ly/2JtpZxiTuneIn: https://bit.ly/2NhRCe2Support this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Show Notes[00:02:40] Yonah works for Madison Specs.[00:03:06] Yonah had recently surpassed 1000 posts on BiggerPockets.com[00:03:34] You can schedule a free consultation with Yonah at http://bit.ly/Yonah15Min[00:07:30] Yonah believes that you have to learn from those who have done it before you.[00:09:47] If you are not doing cost segregation, you are doing straight line depreciation.[00:09:56] The IRS allows you to write off the entire value of a building. For commercial, it's over 39 years period and for residential it's over 27.5 years.[00:10:18] The main categories of cost seg: 1. Actual Structural Components of the building2. Personal properties depreciate over a 5-year period (include fixtures, lighting fixtures, special purpose plumbing, etc.)3. Land improvements (depreciate over 15 years): Landscaping to pavements, to asphalt a parking lot etc.[00:15:34] Yonah used real number example to demonstrate bonus depreciation and cost seg for mobile home parks.[00:19:53] Yonah discusses whether you could use the benefit of cost seg to offset your W2 income.[00:20:50] Yonah discusses briefly about real estate professional and using it to offset the entire W2 income.[00:24:48] I asked Yonah about Cost seg and Airbnb for a friend. If you have an Airbnb business, you will want to listen to this section. [00:35:05] Yonah shares the questions you need to ask a firm before hiring them to do your cost segregation study.Support this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Show Notes[00:01:43] You can visit Jonathan's website at www.GreystoneCapGroup.com[00:02:13] Set up a free call with me at www.CallwithVee.com[00:04:43] Jonathan bought 3 condos to start. Then bought investment properties in Philadelphia.[00:05:32] Rich Dad Poor Dad changed Jonathan's life: https://amzn.to/2LWDcQF[00:06:39] Jonathan mentioned Peter Harris's YouTube channel: https://www.youtube.com/user/CommercialPropertyAd/about[00:07:01] Jonathan found Michael Blank's analyzer online and purchased it.You can download Michael's free ebook "The 10-Minute Offer" here https://bit.ly/34kfqEr[00:07:26] Jonathan mentioned Michael Blank's book "The Ultimate Guide To Investing In Real Estate and Multifamily". You can check it out here: https://bit.ly/2LYc6IW[00:09:35] You should be getting soft commitments from your investors all along instead of waiting until you have a deal. [00:10:46] Educate your investor, so they know what a syndication is.Three Tips that Jonathan Wei learned from Adam Adams' Raising Money Summit1. Have a good brand and branding strategy2. Attend meetups and or host meetups3. Use a CRM[00:17:09] Jonathan shares his knowledge about financial due diligence.[00:25:09] Jonathan shares his plan to implement what he learned at the Raising Money Summit[00:27:24] Jonathan mentioned a meetup for Asian called Asian American Professionals Connect Dallas.Don't forget to subscribe, leave a 5* rating and a review. Check out full transcript at www.RealEstateLab.live*Last episode of 2019*Have a happy holiday everyone!Support this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Show NotesVinney's Contact Info:https://vinneychopra.com/https://www.facebook.com/VinneyChopra/https://www.instagram.com/vinneychopra/?hl=enhttps://twitter.com/vinodsmiles?lang=enhttps://www.youtube.com/channel/UC_SGeOpnIHvXWqZE9dMUdlw/featuredEmail: Vinney@VinneyChopra.com[00:02:08] Vinney has two different podcast.Syndication Made Easy with Vinney (Smile) Chopra: https://podcasts.apple.com/us/podcast/syndication-made-easy-with-vinney-smile-chopra/id1473126675Mr. Smiles Motivation Talk Show: https://podcasts.apple.com/us/podcast/mr-smiles-motivation-talk-show-vinney-chopra/id1474284264[00:03:49] Vinney's website is www.VinneyChopra.com[00:04:42] Apartment Syndication Made Easy: A Step by Step Guide: https://amzn.to/2qD3EY6[00:23:43] Vinney now buys B-, B products. Millennials like to live in communities with nice amenities, exercise rooms, resort style swimming pools, Jacuzzi, hot tubs, BBQ areas, on site dry cleaning pick up, dog parks, valet trash, cover parking, dog wash, etc.[00:26:36] Vinney's mastermind is $4,997 and online course is $2,497You can schedule a strategy call with Vinney's team at: https://bit.ly/348zjhS[00:28:46] You can create an all around win situation with a syndication. Residents get to live in premier communities. Lenders/ Partners who are most likely baby boomers get to retire and use their retirement funds to invest and get a higher yield.[00:33:03] Tell everyone you meet that you are looking for equity investor partners.[00:42:04] Text the word LEARN to 474747 to get more information about Vinney's program. You should also send an email with your background and your goal to Jon@VinneyChopra.com to his business advisor could help you.[00:42:54] When emailing Vinney or Jon, please mentioned our show the Real Estate Lab Podcast with Vee Khuu. Vinney will give you $500 or $1000 off depend on the program you are interested to join.[REVIEW] Want to get Vinney's book? Subscribe, leave a 5 star rating and review. Then email Vee@RealEstateLab.live. I will pick 3 random winners and reach out individually.For full transcript, go to www.RealEstateLab.liveSupport this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

This episode is in Vietnamese!Notes[00:02:01] Cty Loan Factory: https://www.loanfactory.com/suong/homeĐịa chỉ của Sương: 10515 Bellaire Boulevard Houston, TX 77072Số điện thoại là: 346-309-6107Email: Suong@loanfactory.com hoặc SuongNguyen85@Gmail.comThư gớp ý có thể gửi về Vee@RealEstateLab.live[00:04:03] Private Lender là một người có dư tiền trong ngân hàng. Cho người khác vay để mua nhà để ở hoặc flip.[00:06:10] Lender trực tiếp cho người mua nhà mượn tiền. Công ty của bạn Sương chỉ là môi giới.[00:08:03] Khi bạn nhận 1099, thì ngân hàng sẽ dùng net income (Gross - expenses) để xét duyệ.Còn khi bạn nhận W2, thì ngân hàng sẽ dùng con số gross income để xét duyệt.[00:10:36] Lien là một văn bản cho phép chủ nợ nắm giữ vật thế chấp (căn nhà) đến khi người mượn nợ thanh toán hết nợ.[00:11:02] Deed of trust là một văn bản thỏa thuận pháp luật mà trong đó, người vay nợ cho phép một người hoặc công ty khác giữ tài sản của người vay nợ cho đến khi món nợ được trả hết.Foreclose là tịch thu tài sản để thế nợ.[00:12:00] Underwriting cho vay dựa theo hai yếu tố chính là khả năng trả nợ (ability to pay) và ước muốn trả nợ (desire to pay).[00:16:26] Sương nhận commision từ việc hướng dẫn bên mượn nợ và bên vay nợ xuyên suốt quá trình cho vay.[00:19:25] Debt to income ratio là tỉ lệ nợ so với mức thu nhập.[00:20:33] Refinance: Tái cấp vốn, tái tạo nợ[00:23:00] Interest Only là khi ta chỉ trả tiền lời mà không trả tiền gốc. Ví dụ ta mượn $100,000 và lãi là 12%. Thì ta sẽ phải trả $1000/tháng cho lender.Full amortized là cách mà ngân hàng thường làm. Đó là chia tiền gốc và lãi ra trong một thời gian dài.[00:24:23] Ở phương diện là lender, thì mình luôn phải nghĩ cho mình trước. Nếu như người mượn trả interest only, thì tiền lời mình nhận được sẽ mãi ở mức cao nhất có thể vì tiền gốc sẽ không bao giờ tụt xuống.Sương ở giữa nên luôn muốn tốt cho đôi bên.[00:30:50] Trung bình nếu down payment là 30% thì lãi xuất trung bình là 8%.Nếu down payment là 40% thì trung bình lãi xuất là 7.5%[00:31:48] Mức đầu tư tối thiểu để dễ làm private lender nhất là tàm $140,000.[00:33:34] Phải có dư tiền mới làm private lender.[00:33:48] Và private lender không cần dùng đến số tiền này trong vòng 5 năm.Số tiền cho vay phải là tiền đang trong một tài khoản ngân hàng.Support this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

[00:02:20] Rod's LinkedIn: https://www.linkedin.com/in/roddrickphillips/Rod's email: SmilingMagicianEstates@gmail.comFree Facebook Group: www.EastWestVentures.com/AIMSSchedule a call with me: www.CallwithVee.com[00:11:14] Rod's girl friend got him the book that started his real estate investing career. Rich Dad Poor Dad - https://amzn.to/37PMmHY[00:12:53] Rod mentioned about CAREI (Colorado Association of Real Estate Investors). CAREI was founded by our mentor Bill Bronchick in mid 90s. It's now being run by someone else.[00:14:03] Door knocking is a really effective lead gen method. - Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan.- Short sale is a sale of real estate in which the net proceeds from selling the property will fall short of the debts secured by liens against the property. In this case, if all lien holders agree to accept less than the amount owed on the debt, a sale of the property can be accomplished.[00:15:17] A double closing is the simultaneous purchase and sale of a real estate property involving three parties: the original seller, an investor (middleman), and the final buyer. [00:20:07] The judgment that Rod talks about here is called a deficiency judgment. A deficiency judgment is an unsecured money judgment against a borrower whose mortgage foreclosure sale did not produce sufficient funds to pay the underlying promissory note, or loan, in full.Rod delayed the foreclosure longer, which allowed the seller to stay in her home without pay her mortgage payment a while longer.[00:20:38] Loss mitigation refers to the steps mortgage servicers take to work with a mortgage borrower to avoid foreclosure.[00:24:14] Tim Goff was another mentor of ours. Unfortunately, Tim passed away a few years ago. [00:37:23] Rod bought cheap houses at the Detroit tax auction. First auction is in Sept every year. The second auction is in Oct. Houses that didn't sell at the first auction will start at $500 at the second auction.[00:40:24] Rod likes to buy in 48219 zip codeListen, subscribe, rate and review:Apple: https://apple.co/2BdPdeJiHeartRadio: https://ihr.fm/2MPxyAuSticher: https://bit.ly/2pUgd0vListen Notes: https://bit.ly/2JtpZxiTuneIn: https://bit.ly/2NhRCe2Support this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Listen, subscribe, rate and review - Apple: https://apple.co/2BdPdeJFull Show Notes[00:01:36] Nick's email is Nick@QuantumCapitalInc.comLinkedIn: https://www.linkedin.com/in/nicholas-ameluxen-04a89911aFacebook: https://www.facebook.com/nick.ameluxen[00:02:06] Join our free Facebook Community to learn from other real estate investors at www.EastWestVentures.co/AIMS[00:02:48] Schedule a call with me at www.CallwithVee.com[00:06:44] Nick bought Volkswagen stocks and quickly realized he didn't have control in it. [00:07:01] House hacking is when you live in one of the multiple units of your investment property as your primary residence, and have renters from the other units pay your mortgage and expenses.[00:09:21] Jack and Gino's Wheelbarrow Profits Podcast: https://podcasts.apple.com/pt/podcast/wheelbarrow-profits-podcast-multifamily-real-estate/id1025080737?l=enJack and Gino's new book "The Honey Bee: A Business Parable About Getting Un-stuck and Taking Control of Your Financial Future" - https://amzn.to/2KJRzam[00:17:37] Nick shares his tips on what to look for in value add deals.[00:19:22] Joe Fairless' book "Best Ever Apartment Syndication Book" - https://amzn.to/2XA0znL[00:26:36:] Networking is key for Nick's success.[00:28:59] Napoleon Hill's quote "Whatever the mind can conceive and believe, it can achieve."[00:29:34] Hal Elrod's "The Miracle Morning: The Not-So-Obvious Secret Guaranteed to Transform Your Life (Before 8AM)" - https://amzn.to/2KIMe32Full transcript available at www.RealEstateLab.liveSupport this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Full Show Notes[00:01:53]Chris Tanner's company website: www.ndtco.comChris's email: ctanner@ndtco.comLinkedIn: https://www.linkedin.com/in/christanner1/Join our free facebook community at www.EastWestVentures.co/AIMS[00:04:14]Hard assets are physical real estate, raw land, single family homes, apartment buildings, precious metals, etc.[00:06:11]Key distiction between a truly self-directed IRA plan and a limited selft-directed plan is the ability to hold hard assets.[00:09:08]Fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties. Usually, a fiduciary takes care of money or assets for someone else.[00:10:45]The IRA has a different EIN number of itself.[00:13:02] For IRA accounts, there has to be either a bank or a trust company acting as custodian.[00:13:24]For 401K accounts, there is no need for a custodian. [00:13:51]You only need a SSN to open an IRA account. A 401K or solo 401K requires a business entity.[00:27:40]You can use debt to buy properties with a self-directed IRA account. You need to use non-recourse loans. [00:28:34]I meant to say distribution at the end of the sentence there.[00:30:48]UBIT Tax: Unrelated Business Income Tax[00:31:30] For a leveraged property, you might have to pay UBIT tax for income above $1,000. However, you can deduct your expenses like any other properties.Listen, subscribe, rate and review: Apple: https://apple.co/2BdPdeJiHeartRadio: https://ihr.fm/2MPxyAuSticher: https://bit.ly/2pUgd0vListen Notes: https://bit.ly/2JtpZxiTuneIn: https://bit.ly/2NhRCe2Full transcript for the Real Estate Lab Podcast: www.RealEstateLab.liveSupport this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Listen, subscribe, rate and review:Apple: https://apple.co/2BdPdeJiHeartRadio: https://ihr.fm/2MPxyAuSticher: https://bit.ly/2pUgd0vListen Notes: https://bit.ly/2JtpZxiTuneIn: https://bit.ly/2NhRCe2Go to the Real Estate Lab Podcast for full transcript: www.RealEstateLab.liveFull Notes[00:01:08]Sam's Contact InfoSchedule a Call with Sam: https://calendly.com/sam_newell_real_estateInstagram: https://www.instagram.com/samnewellrealestate/https://Sam.YourUtahAgent.com/High Cash Flow Investment: https://ipiacquisitions.com/[00:17:23]Rod Khlief's Multifamily Boardroom: http://multifamilyboardroom.com/[00:21:23]Sam looks for markets with good job base, not a huge amount of crime, stable real estate market. Get 8 to 10% cash on cash return.[00:22:16]Tertiary markets will have one to two large employers/ industries[00:27:37]Sam team up with property managers, and commercial brokers in the area that know the area well and ask them where do they not want to go and collect rent. Or where do they not want to buy in.[00:34:24]Buy and hope is not a good strategy[00:37:28]Property Evaluator (http://www.propertyevaluator.com/)[00:38:05]David Toupin's Deal Analyzer https://www.obsidiancapitalco.com/dealanalyzerMichael Blank Syndicated Deal Analyzer https://themichaelblank.com/syndicated-deal-analyzer/[00:42:12]Sam shared the most profound lesson that he had learnedCheck out last week's episode: Bretts Swarts - Freedom From Capital Gains Taxhttps://shows.pippa.io/the-real-estate-lab/episodes/5-bretts-swart-freedom-from-capital-gains-taxSupport this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Listen, subscribe, rate and review: Apple: https://podcasts.apple.com/us/podcast/the-real-estate-lab/id1482760831iHeartRadio: https://www.iheart.com/podcast/269-the-real-estate-lab-50843394/Sticher: https://www.stitcher.com/podcast/vee-khuu/real-estate-labListen Notes: https://www.listennotes.com/podcasts/the-real-estate-lab-vee-khuu-Xn_0rhSi4my/TuneIn: https://tunein.com/podcasts/Business--Economics-Podcasts/Real-Estate-Lab-Podcast-p1256110/Visit www.RealEstateLab.live for full transcript!Show Notes[00:00:58] Brett's Contact:https://capitalgainstaxsolutions.com/Capital Gains Tax Solutions Facebook https://www.facebook.com/capitalgainstaxsolutions/YouTube: https://www.youtube.com/channel/UCAykQNmIWZ0KARBeVWcQxUA?reload=9LinkedIn: https://www.linkedin.com/in/brett-swarts/Bigger Pocket:https://www.biggerpockets.com/co/capital-gains-tax-solutions#deferredsalestrust#SaveFailed1031exchange#primaryhome #businesssale #CREsale[00:08:03] Series 22: Direct Participation Programs Limited Representative Exam (DR) — assesses the competency of an entry-level registered representative to perform their job as a direct participation programs representative.Series 63 license entitling the holder to solicit orders for any type of security in a particular state.Support this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Listen, subscribe, rate and review:Apple: https://apple.co/2BdPdeJiHeartRadio: https://ihr.fm/2MPxyAuSticher: https://bit.ly/2pUgd0vListen Notes: https://bit.ly/2JtpZxiTuneIn: https://bit.ly/2NhRCe2Go to the Real Estate Lab Podcast for full transcript: www.RealEstateLab.liveFull Notes[00:00:41] Your Amazing Itty Bitty Family Leadership Book: 15 Simple Tips Successful Companies Use That Parents Can Implement At HomeTRUE LEGACY WEALTH: Creating Generational Wealth Through Real Estate InvestingParent Pump Radio[00:02:41] Jacqueline's business website: https://www.integrativeminds.com/Her email is info@integrativeminds.com[00:04:27] South Vietnam (Republic of Vietnam): https://en.wikipedia.org/wiki/South_Vietnam[00:05:57] Jacqueline chat about what it was like for her as her family left Vietnam.[00:07:23] Currently, in Vietnam, April 30th is known as Reunification Day. However, for many people from the South, from the Republic of Vietnam, April 30th and the entire month of April is known as Black April.[00:21:55] You can't say that you like something or not until you've tried it one time.[00:26:24] Always check with zoning to see if you can potentially do the same on any of your development deals.[00:33:44] Robert Kiyosaki - Rich Dad Poor Dad: https://amzn.to/2NdWhh7[00:39:26] The website Jacqueline referred to is https://www.littlebighomes.com/[00:44:51] Email info@integrativeminds.com to get a list of her properties.[00:55:16] You need to look at the fees and find out how much your funds operators are charging you.[00:58:07] Jacqueline mentioned Mike Wolf's Mastery: https://mikewolfmastery.com/[00:58:56] The S&P/Case–Shiller U.S. National Home Price Index is a composite of single-family home price indices for the nine U.S. Census divisions. It is calculated monthly, using a three-month moving average.[00:59:26] https://www.rentometer.com/Support this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

NotesJoin our free Facebook Group at www.EastWestVentures.com/AIMSFor full transcript of the episode, visit www.RealEstateLab.livePlease subscribe, rate and write a review on iTunes if you haven't done so.[00:00:30] Jack's website is www.52TEN.comJack's LinkedIn profile: https://bit.ly/31o3RL1[00:02:16] Jack's email is Jack@52TEN.comFree Facebook Community: www.EastWestVentures.CO/AIMS[00:10:57] A good strategy that a lot of flippers do is to use the profit from flipping 3 to 4 houses to buy 1 free and clear rental. That's what Jack is talking about here.[00:15:10] Jack's company website is: www.52TEN.com[00:17:58] Jack goes in depth to explain different types of parks here.[00:24:12] Phoenix lot rent ranges from $500-$800 per monthTucson lot rent ranges from $350-$450 per month.Yuma is as low as $200 per monthSnowbirds in this case are typically retirees who wish to avoid the snow and cold temperatures of northern winter, but maintain ties with family and friends by staying there the rest of the year.[00:25:19] Fast way to underwrite MHP:(Take # of lots in the park x $Current Lot Rent) - Expenses = NOIListen to Jack thoroughly in this section to understand how you can quickly underwrite MHP.[00:27:02] A cash-on-cash return is a rate of return often used in real estate transactions that calculates the cash income earned on the cash invested in a property.[00:28:56] 52TEN's motto for due diligence is: We Don't Like Surprises![00:29:17] Orangeburg pipe is bitumenized fiber pipe made from layers of wood pulp and pitch pressed together. It was used from the 1860s through the 1970s, when it was replaced by PVC pipe for water delivery and ABS pipe for drain-waste-vent applications.[00:29:54] Here Jack breaks down how he goes about due diligence.[00:34:36] MH University: https://bit.ly/2m3oo8L[00:40:32] Jack discusses why he thinks MHP is more stable than other asset classes.[00:48:58] Jack's morning routine.[00:56:14] Jack's website again is www.52TEN.com - Schedule a call with him, this guy is just so amazing!Support this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Notes[00:00:42] Check out Rajesh's website at www.smartcapitalmgmt.comand his email is raj@smartcapitalmgmt.comApartment Investing & Multifamily Syndication (AIMS) Facebook group: https://www.facebook.com/groups/Apartment.Investing[00:10:43] Raj talks about the expense ratio here. The operating expense ratio is determined by taking total expenses and dividing by total rental income.The physical occupancy rate is the proportion of units that are occupied by tenants. An economic occupancy rate is the proportion of the gross potential rent that is collected -- the money that is actually collected by you or your manager.T12 or Trailing 12 or Traling 12 months is the data from the past 12 consecutive months used for reporting financial figures.[00:16:09] An accredited investor, in the context of a natural person, includes anyone who:- Earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR- Has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person's primary residence).[00:26:43] You can join the free Facebook group at www.EastWestVentures.co/AIMS[00:30:36] Rajesh's meetup - Apartment Investing & Multifamily Syndication https://www.meetup.com/Apartment-Investing-Multifamily-Syndication-AIMS[00:31:11] Data Driven Multifamily Investing FB Group: https://www.facebook.com/groups/698798573901277/[00:32:50] You can access Enodo here: https://www.enodoinc.com[00:33:32] Raj's LinkedIn article: https://www.linkedin.com/pulse/how-my-journey-up-real-estate-learning-curve-raj-tekchandani/The ABCs of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss: https://amzn.to/32fNVffWhat Every Real Estate Investor Needs to Know About Cash Flow... And 36 Other Key Financial Measures - Frank Gallinelli: https://amzn.to/33ihOvlBest Ever Apartment Syndication Book: https://amzn.to/2IF0rNr[00:33:54] Raj's LinkedIn Profile: https://www.linkedin.com/in/rajtek/[00:34:54] IRR: Internal rate of return (IRR) is the interest rate at which the net present value of all the cash flows (both positive and negative) from a project or investment equal zero. Internal rate of return is used to evaluate the attractiveness of a project or investment[00:39:40] Raj's website is www.SmartCapitalMGMT.comSupport this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Notes[00:00:23] Multifamily Investing Academy: www.multifamilyinvestingacademy.comTo get a free trial and sit in on the Monday call, email info@multifamilyinvestingacademy.com with my name Vee Khuu, or the show name Real Estate Lab PodcastDobens Law: http://dobenslaw.com/[00:01:22] Three Feet From Gold is an awesome book to read: https://amzn.to/2ATxxoq[00:06:10] You can read more about Sam Tamposi here: https://en.wikipedia.org/wiki/Samuel_A._Tamposi[00:08:50] Everyone should at least take flying lesson once. That's my personal opinion. The feeling is like no other![00:10:05] How I Turned $1,000 into a Million in Real Estate in My Spare Time: https://amzn.to/33hQMUK[00:20:53] The book is called "No One Would Listen: A True Financial Thriller" - https://amzn.to/324bJlQ[00:31:04] A proof of funds letter is a document that is given to an investor from a third-party company that verifies and provides proof to a seller of a property that the funds to purchase their property are available and ready to be used toward the purchase.[00:48:56] Charlie's website is www.multifamilyinvestingacademy.com[00:49:21] To get your free trial, send an email to info@multifamilyinvestingacademy.com. mention my name Vee Khuu or the Real Estate Lab PodcastSupport this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

It's my first ever attempt to publish a podcast. So, thank you very much for tuning it and listen. My name is Vee Khuu, a real estate investor from Colorado. In this episode, you will learn about how the show will run, why I see the need for this podcast, and I also shared a little bit about myself. Please hit subscribe, leave a review and 5* rating on iTunes to help the show reach a broader audience base.Support this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.