Podcasts about brrrr buy

This investor used his primary residence to build a $6,000/month rental property portfolio—helping him semi-retire, cut his workload in half, and generate a sizable income stream outside his job. And he did it with affordable, small multifamily rental properties that he still buys in today's market, all while working a demanding schedule that required his attention 24/7, 40 weeks per year. Bill Price has worked as a sound engineer for some of the music industry's biggest names. He's toured with Justin Bieber, Weezer, and Third Eye Blind (among many more), working intensive hours on global tours. But, in the background, when he was off the road, Bill was building an intentional real estate portfolio to replace his income. Today, less than a decade after buying his first true rental, he's working just 16 weeks per year instead of 40. Bill made some mistakes and some BIG bets that paid off. We're talking terrible tenants, eviction notices, bird cages, dog droppings, and flooded basements. But, through it all, Bill says it was well worth it, as 90% of his rental property investing career has been buying deals and collecting checks. If Bill can manage a rental portfolio while touring in Japan and setting up an impromptu skate park for Justin Bieber, why can't you? In This Episode We Cover How to cut your workload in HALF with a small, cash-flowing rental property portfolio  Turning your primary residence into multiple rental properties so you can scale faster  A big eviction mistake that cost Bill months of time with a bad tenant  Doing a BRRRR (Buy, Rehab, Rent, Refinance, Repeat)? Why you should run your numbers as a flip, too Why you should tell EVERYONE within your circle that you buy rental properties! And So Much More! Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/real-estate-1138 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠advertise@biggerpockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

Avoiding Tenant Scams: Real Talk with Ellen Schmuel - REIGN Podcast   Join Jen Josey on the REIGN (Real Estate Investor Growth Network) podcast as she interviews Ellen Schmuel, co-founder of Seneca Property Holdings, about her harrowing experience with tenant scams. Discover Ellen's journey from dealing with a fraudulent tenant to the emotional and financial toll it took, and her advice for other real estate investors. Plus, Ellen shares her future goals, community involvement, and how she's working towards legislative changes to help landlords. Don't miss this insightful and educational episode!   00:00 Introduction to REIGN with Jen Josey 01:01 Today's Topic: Vetting Your Contractors 03:06 Guest Introduction: Ellen Schmuel 04:55 Ellen's Real Estate Journey 06:25 Challenges in Short-Term Rentals 06:40 The Importance of Real Estate Education 08:21 REI Roundtable: A Supportive Community 10:15 The Scammer Tenant: A Cautionary Tale 17:17 The Eviction Process: Lessons Learned 33:09 Tenant's Messy Departure 36:06 Emotional Toll and Financial Loss 37:25 Lessons Learned and Advice 39:06 Legal Actions and Realtor Accountability 44:51 Fighting for Legislative Change 50:32 Positive Takeaways and Moving Forward 01:02:00 Conclusion and Final Thoughts   Founded in 2023 by Ellen and Eytan, Senica Property Holdings is a growing real estate investment company based in Palm Beach Gardens, Florida. What began as a personal home renovation project quickly evolved into a purposeful business venture after they rented out their first home and saw the potential for creating lasting passive income. Today, Senica Property Holdings manages both a long-term rental and a short-term Airbnb (with plans to convert it to long-term use) and is actively expanding into new markets across Florida. Their core strategy is BRRRR—Buy, Rehab, Rent, Refinance, Repeat—focused on revitalizing distressed and foreclosed properties and turning them into safe, high-quality rental homes. Ellen and Eytan trained under the leadership of Tarek El Moussa through the Homeschooled by Tarek program, where they developed a strong foundation in creative deal-making, property evaluation, and value-add strategies. Ellen is also a committed member of the REI Roundtable, where she continues to collaborate with and learn from top real estate investors. In addition to their residential portfolio, they've also invested in Bigger Garages Capital, a firm that specializes in acquiring, upgrading, and operating self-storage facilities. With a mission rooted in integrity and community impact, Senica Property Holdings aims to help individuals facing difficult situations by offering fair solutions, restoring properties with care, and creating homes that families can count on.   To learn more about Jen Josey, visit www.TheRealJenJosey.com To join REIGN, visit www.REIGNmastermind.com Stuff Jen Josey Loves: https://www.reignmastermind.com/resources Buy Jen Josey's Book: From Beginner to Badass: https://a.co/d/bstKlby

In this episode of "A Canadian Investing in the U.S.," host Glen Sutherland interviews Jonathan Nichols, co-founder of Apogee Capital, a multifamily real estate investment company based in the Dallas-Fort Worth area. Jonathan shares his journey into real estate investing, which began about seven or eight years ago with single-family rentals. Along with his wife Paula, they transitioned from buying single-family homes to pursuing multifamily syndication. Key Points Discussed: Background and Company Formation: Jonathan describes his background as an aerospace engineer and how it influenced the naming of his company, Apogee Capital. The term "apogee" refers to reaching the peak or apex, symbolizing their goal of helping investors achieve financial success. Investment Strategies: Jonathan explains their investment strategy, which initially focused on single-family properties with a BRRRR (Buy, Rehab, Rent, Refinance, Repeat) approach. They later pivoted to multifamily investments, primarily focusing on light value-add projects to enhance cash flow. Transition from Single-Family to Multifamily: He emphasizes the lessons learned from single-family investments, particularly the mistakes made that provided valuable experience without risking other people's money. Jonathan highlights the importance of aligning investment strategies with personal skill sets, noting that their engineering backgrounds suited the analytical and operational demands of multifamily investing. Current Projects: Jonathan discusses their recent acquisition of a heavy value-add property in Lubbock, Texas, which they purchased at a low price due to its occupancy challenges. He shares that they moved to Lubbock for three months to oversee renovations and stabilize the property, which is now seeing significant occupancy improvements. Financing Challenges: The conversation touches on financing strategies, including the use of bridge loans with high interest rates and plans to transition to long-term financing through agency loans. Jonathan highlights the difficulties in raising capital for heavier value-add projects in the current market climate, where investors are more cautious. Market Insights: Jonathan shares insights on market conditions, emphasizing the importance of diversifying job sources in the areas they invest in, particularly in university towns, which provide stability. He explains how understanding local demographics and economic factors can significantly impact investment success. Future Outlook: Looking ahead, Jonathan expresses optimism about their current projects and the multifamily market's potential despite challenges. He encourages listeners to be diligent in their research and due diligence, emphasizing the need for conservative underwriting in today's economic environment.

Are high interest rates putting a damper on your BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy? In this episode, host Chad Harris reveals his favorite method for purchasing real estate in the current market: the "Slow BRRRR." Discover how to leverage private money for acquisitions and rehabs, structuring longer-term loans that allow you to cash flow while waiting for more favorable refinancing conditions. Chad breaks down why this approach keeps your investing engine running, helps you build your portfolio even when others are on the sidelines, and positions you to capitalize on future market shifts. Learn how to adapt, overcome, and continue building true wealth through real estate.Visit our website at www.TrueWealthInvestors.com for more real estate wisdom and resources. More Resources & LinksStruggling to get started in Real Estate or feel like you are struggling to get to the next level?  Check out this Free Vision Casting Video to help clarify your goals and get specific steps to accomplish them!Schedule a 30 Minute Discovery Call with Chad Accelerate the growth of your business and reclaim control of your life! Are you tired of your business running you instead of the other way around? It's easy to get bogged down in the day-to-day operations, making it challenging to identify overarching challenges and solutions. Let's schedule a call to gain a strategic 10,000-foot perspective and devise a tailored plan for your success. Take the first step towards a business that not only thrives but also enhances your life!  Connect with Chad on LinkedInFollow Chad on InstagramFollow Chad on YouTubeFollow True Wealth on FacebookBe sure to leave a rating & review to let us know how this show has helped YOU!

Brian Grimes is the Founder of 24/7 Cash Flow University, an educational platform that empowers aspiring real estate investors to build passive income through hands-free rental property investing. Brian transitioned from financial planning to real estate development, where he has renovated over 300 rental properties nationwide using the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy. Through his 100 Key$ Master Class, he teaches students how to acquire, renovate, and stabilize cash-flowing rental portfolios, enabling many to leave their 9-to-5 jobs within 12 to 36 months. In this episode… Many people dream of creating passive income through real estate — but how can you do it without getting buried in renovations, tenant headaches, or endless management tasks? Is it possible to invest in rental properties and generate cash flow without doing the heavy lifting yourself? According to Brian Grimes, a seasoned real estate investor and educator, the answer is a resounding yes. He highlights how a hands-free investment model, powered by a skilled team and smart systems, allows busy professionals to build wealth while avoiding common pitfalls. This approach transforms the investor's role from a hands-on landlord to a strategic overseer. Brian explains that by leveraging expert teams for acquisitions, renovations, and property management, investors can scale their portfolios faster, generate reliable cash flow, and sidestep burnout. In this episode of The Same Day Podcast, host Mat Zalk speaks with Brian Grimes, Founder of 24/7 Cash Flow University, to talk about building passive income through hands-free real estate investing. They explore the BRRRR strategy, Section 8 housing opportunities, and how to scale with limited cash. Brian also shares insights on the future of real estate with blockchain and fractional ownership.

In this episode of "A Canadian Investing in the US," host Glen Sutherland interviews Chris Micucci, a college professor and real estate investor who began investing just over three years ago. After taking Glen's class, Chris quickly seized an opportunity presented in an email and bought his first property. Since then, he has engaged in various investment strategies, including flips and the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) method, and has transitioned into lending as a Canadian mortgage agent working with American lenders. Chris emphasizes the importance of taking action in real estate investing, highlighting that many potential investors fall into analysis paralysis. He believes that success comes from actively engaging in the market and learning through experience. The conversation then shifts to the lending landscape for Canadians investing in the US. Chris outlines how lending practices differ between Canada and the US, emphasizing that in the US, the rental income generated by a property is the primary factor for mortgage qualification, rather than the investor's income or credit score. Key points discussed include: The significance of having a solid team and the importance of networking in the real estate industry. The various types of loans available in the US, with a focus on purchase loans and how property vacancy can impact loan rates. The necessity for proper documentation and organization when applying for loans, as well as the importance of understanding property value before making purchases. The benefits of using a lender for investment projects, as they provide oversight and protection during renovations. Chris also advises potential investors to consider hiring a coach to navigate the complexities of US real estate investing or at least work closely with knowledgeable lenders. The episode concludes with Chris sharing his contact information for those interested in exploring lending options for their investment properties.

What if you could turn $40,000 into a multi-million-dollar real estate empire? In this episode of Invest2FI, Craig Curelop is with Ted Kaasch, an Omaha-based investor and leader of one of the fastest-growing REIAs in the U.S. Ted shares how he transitioned from foundation sales to real estate, using the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) method to flip condemned properties into high-performing assets. He reveals how strategic networking, wholesaler connections, and REIA groups fueled his success—including turning an $11,000 condemned house into a cash-flowing short-term rental. Ted also discusses the future of real estate investing, his shift to self-storage, and the rising regulations affecting rental investors. Packed with actionable strategies, this episode is a must-listen for anyone looking to start, scale, or adapt in real estate. PODCAST HIGHLIGHTS:[03:13] How Ted transitioned from foundation sales to real estate investing. [07:04 ] The impact of learning construction on real estate deals. [12:22] How networking and wholesaling helped Ted grow his business. [18:43] Turning a $40K seed fund into a multi-million dollar portfolio. [24:30]  Breaking down Ted's perfect BRRRR deal on a condemned house. [31:16] Challenges of securing permits during the 2020 pandemic. [38:00] How Omaha's market growth is attracting outside investors. [41:56] Why Ted is selling off rentals and shifting to self-storage investing. [45:20] The impact of rental regulations on landlords in Omaha. [50:42] How Ted built one of the fastest-growing REIA groups in the U.S. [54:36] Final thoughts on building a strong real estate network. HOST Craig Curelop   

You're about to hear from real estate powerhouse Heidi Fore, a top-producing agent, coach, and investor who literally uprooted her family to volunteer in an orphanage in Jamaica. That life-changing move inspired her to build significant passive income so she could focus on her mission—eventually buying 50 investment properties in just 62 months.Listen in to learn how Heidi used a simple, repeatable four-step system to find deals, secure financing, and manage her growing portfolio. She'll walk you through the resources, mindsets, and daily actions that helped her hit her cash flow goal while leading with her heart. Whether you're dreaming of an epic life abroad or simply looking to build wealth for your family, this episode will show you exactly how to leverage real estate to fund your biggest purpose.Resources:Learn more at heidifore.comListen to Episode 52. BRRRR: Buy, Renovate, Rent, Refinance, Repeat With David GreeneOrder the Millionaire Real Estate Agent Playbook | Volume 2Connect with Jason:LinkedinProduced by NOVAThis podcast is for general informational purposes only. The guest's views, thoughts, and opinions represent those of the guest and not KWRI and its affiliates and should not be construed as financial, economic, legal, tax, or other advice. This podcast is provided without any warranty, or guarantee of its accuracy, completeness, timeliness, or results from using the information.WARNING! You must comply with the TCPA and any other federal, state or local laws, including for B2B calls and texts. Never call or text a number on any Do Not Call list, and do not use an autodialer or artificial voice or prerecorded messages without proper consent. Contact your attorney to ensure your compliance.Advertising Inquiries: https://redcircle.com/brands

Are workforce and affordable housing smart investments? In this episode, Jeannette Friedrich sits down with Peter Neill, co-founder of GSP Real Estate Investing, to dive into the high-demand world of workforce and affordable housing. Together, they explore whether these investments truly offer value, the unique strategies involved, and the risks and rewards that come with this specialized real estate niche. If you're curious about a real estate sector that's making a tangible impact, this episode is for you. Key Takeaways: - Why Single-Family Workforce Housing? Understand why Peter's team chose single-family homes over multifamily units, driven by market demand, supply dynamics, and GSP's unique expertise. - Defining Workforce vs. Affordable Housing: Learn the distinctions and overlaps between affordable, workforce, and attainable housing, along with how they're defined by income levels and housing costs. - Investment Strategy & Risk Management: Discover how GSP uses the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy to maximize returns despite high interest rates, and how they mitigate risks by creating substantial equity in each property. - Navigating Economic Conditions: Insights on how workforce and affordable housing investment can remain resilient through economic fluctuations, driven by an ongoing supply-demand imbalance. - Income Funds vs. Growth Funds: Peter breaks down the differences between GSP's income fund, which offers fixed returns, and their growth fund, which focuses on equity sharing and long-term value. Tune in to gain a comprehensive view of an impactful investment approach aimed at addressing housing shortages while providing reliable returns. Timestamps 00:00 Introduction to Workforce and Affordable Housing Investments 00:18 Meet Peter Niell: Background and Experience 01:07 Single Family vs. Multifamily Housing 02:56 Understanding Affordable and Workforce Housing 09:46 BRRRR Strategy and Market Challenges 14:38 Election Impact and Future Outlook Credits Producer: Blue Lake Capital Strategist: Syed Mahmood Editor: Emma Walker Opening music: Pomplamoose #investing #brrrrstrategy #marketchallenges Learn more about your ad choices. Visit megaphone.fm/adchoices

This rookie investor decided that instead of purchasing her own home, she'd buy rental properties in other areas, helping offset her high cost of living. Within just around a year, Mary Ho has bought a run-down property, performed a six-figure renovation project, got her first renters, refinanced the property, and then bought ANOTHER rental right after! Now, she's sitting on two properties with three units in total, managing her rentals remotely and building wealth without the traditional boundaries. Mary and her family live in Manhattan, an infamously expensive real estate market. She and her husband wanted to invest, but there was no way they could do it locally. So, she decided to start investing with “training wheels”—investing in a market she was familiar with that was within driving distance of her. She went WAY over budget on this first property, but it worked out in a way that would help her with deal number two! From there, she went much farther, buying a multifamily property over a thousand miles away from home. How did she handle renovating, furnishing, and finding tenants, all while she was so far from her new property? How does she juggle it all with her job and kids to take care of? What's the secret to her productivity? She's sharing it all in this episode!  In This Episode We Cover: Where mortgage rates are right now for refinances and HELOCs The HELOC hack that greatly minimizes your interest in your next equity line  Caeli's interest rate forecast and where she thinks rates could be in the near future  When waiting to refinance could cost you, and whether rates may go UP again  The metrics that influence where mortgage rates will go next (what to pay attention to) And So Much More! Links from the Show Ashley's BiggerPockets Profile Tony's BiggerPokckets Profile Join BiggerPockets for FREE Real Estate Rookie Facebook Group Find Trusted Property Managers with BiggerPockets Property Manager Finder Get the Book on BRRRR “Buy, Rehab, Rent, Refinance, Repeat” Find an Investor-Friendly Agent in Your Area Should You Invest Locally or Long Distance? Connect with Mary Mary's Instagram (00:00) Intro (01:52) Interest Rate Update (06:34) Why Rates Went UP (11:59) Should You Refinance? (18:17) Current Refi Rates (19:37) Best HELOC Hack (29:01) Interest Rate Forecast Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-474 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of the State 48 Homeowner podcast, we sit down with Chris Koning, a 35-year-old elementary school teacher and Purple Heart Iraq War veteran, to learn how he built a real estate portfolio of 7 doors—all while working on a teacher's salary. Chris walks us through his journey from buying his first home with an FHA loan to expanding his portfolio using a modified BRRRR (Buy, [very light] Rehab, Rent, Refinance, Repeat) investment strategy. Whether you're new to real estate or looking for insights into building a portfolio with limited capital, Chris's story is a testament to what's possible with discipline and a strategic approach. We also break down the BRRRR method and how Chris adapted it to fit his investing goals without buying distressed properties. Key Topics Covered: ● Chris Koning's real estate journey: from one property to a growing portfolio. ● How the BRRRR method can help you scale up even if you start with little money. ● The power of leveraging equity to buy more properties. ● Why real estate is a powerful long-term investment tool for financial growth. ● The challenges and rewards of being a real estate investor on a modest income. ● Tips for building a trusted team of lenders, agents, and property managers to support your real estate growth. Learn from Chris's Story: Chris's journey proves that anyone with determination can succeed in real estate investing, regardless of income or background. If you're interested in growing your portfolio, learning how to use the BRRRR method, or simply exploring ways to invest in real estate, this episode is packed with valuable lessons and actionable advice. About Our Guest: Chris Koning is an elementary school teacher, Iraq War veteran, and real estate investor with properties in California, Arizona, and Oklahoma. Through disciplined investing and strategic leveraging of equity, Chris has built a portfolio of 7 doors, with more on the way. Listen and Learn: Join us to discover how you can build a real estate portfolio from the ground up, even with limited resources. Subscribe to the State 48 Homeowner podcast for more expert advice and insights into building wealth through real estate.

Want to invest in real estate but feel like you don't have everything it takes? You know you need money for a down payment, skills to manage tenants/perform renovations, and time to find the deals in the first place. But what if you only have one of these? Can you still invest in real estate even without the missing pieces? Today, we're going to show you how to do just that, no matter how much time, money, or real estate experience you've got.  We're walking through three scenarios with three different investors: Dave Meyer (who had no money/experience), Devon Kennard (who had money but no time/experience), and Tyler Madden (who had skills but limited time/money). Each of these investors was able to build a successful real estate portfolio, all while either being time-stretched, money-stretched, or not knowing how to swing a hammer. They're sharing the secrets to hiring out/building the other skills so you CAN take down real estate deals, no matter what you're working with. If you can combine all the pieces of this “resource triangle,” you have FAR higher chances of succeeding in real estate investing and reaching financial freedom. If you're a rookie with no real estate to your name, worry not—we're teaching you what you need to know in today's episode.  In This Episode We Cover: The “resource triangle” investing theory and the three things you need to succeed (YOU don't need all three!)  The most overrated skills in real estate that you can survive without  Building a team and hiring out/outsourcing the resources that you lack  How to start investing if you ONLY have time, money, OR real estate experience  Crucial skills that we WISH we had (you can make a LOT more money with these)  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Invest in Turnkey Rentals with Rent to Retirement or text “REI” to 33777 Grab the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) Book Find an Investor-Friendly Agent in Your Area Mastering These 2 Skills Is Critical to Success in Real Estate Investing Connect with Devon Connect with Tyler Connect with Dave (00:00) Intro (04:54) Got Skills, But No Time/Money? (11:51) Got Money, But No Time/Skills? (18:24) Got Time, But No Money/Skills? (20:23) Getting Your First Deal Done (39:51) Building Valuable Skills (37:18) Most Crucial (and Overrated) Skills Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1030 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Over the years, David Greene has perfected an incredibly efficient, innovative real estate investment system. Today, his team makes $250 million every year with it. David joins the show today to teach us his BRRRR system.BRRRR stands for Buy, Renovate, Rent, Refinance, Repeat. David walks through each step, emphasizing concepts like target-rich environments, the 1% rent rule, cash-out refinance, ARV, and inflation-protected assets. The episode is loaded with invaluable information from a guy who has seen and done it all in real estate investing. Take a listen, buy his book, and go build your own highly efficient system.Resources:Listen to The David Greene ShowRead “Buy, Rehab, Rent, Refinance, Repeat: The BRRR Rental Property Investment Strategy Made Simple” by David GreeneRead “Long-Distance Real Estate Investing” by David GreeneLearn more at DavidGreene24.comRead “Pitch Anything” by Oren KlaffPre-order the Millionaire Real Estate Agent Playbook | Volume 2Connect with Jason:LinkedinProduced by NOVA MediaThis podcast is for general informational purposes only. The guest's views, thoughts, and opinions represent those of the guest and not KWRI and its affiliates and should not be construed as financial, economic, legal, tax, or other advice. This podcast is provided without any warranty, or guarantee of its accuracy, completeness, timeliness, or results from using the information.WARNING! You must comply with the TCPA and any other federal, state or local laws, including for B2B calls and texts. Never call or text a number on any Do Not Call list, and do not use an autodialer or artificial voice or prerecorded messages without proper consent. Contact your attorney to ensure your compliance.Advertising Inquiries: https://redcircle.com/brands

In this episode, Nico discusses powerful real estate investing strategies specifically in the multifamily sector. He covers syndications, explaining how pooling resources allows larger real estate acquisitions, and the benefits for both active and passive investors. Nico also introduces the BRRRR (Buy, Renovate, Rent, Refinance, Repeat) strategy, highlighting its applicability to multifamily real estate and how it can be integrated with syndications. The episode concludes with insights into remote investing, stressing the importance of having a reliable local partner and active involvement for success.

                      Listen in as Harley and Erin discuss: How leverage in our business is how to truly free ourselves up to truly enjoy the freedom and flexibility we were seeking when we became self-employed How Harley and his wife Adrienne went from real estate investors to Adrienne becoming an agent and getting a high valuation when they decided to sell her firm How every dollar saved by having a virtual assistant is worth 2 to 3 to 5 on the business valuation The importance of using documented systems and trackable KPIs in onboarding team members in every role Staying in your top 20% of high value activities …and much more! About Harley Green Harley is a seasoned real estate investor, entrepreneur, and former software architect who knows firsthand the struggles of juggling multiple business demands while striving for growth and success. After earning his Master's degree in Computer Science from the University of Southern California, Harley embarked on a career in the defense industry, where he led cutting-edge projects in signal processing and machine learning. In 2011, Harley and his wife, Adrienne, moved to Northern Virginia, where they started a homestead and began their real estate journey by renting out their basement. Over the next nine years, they expanded their portfolio, acquiring turnkey condos and navigating the complexities of real estate investing. In 2020, the Greens relocated to Chattanooga, TN, to tap into a burgeoning real estate market and improve their overall quality of life for their now family of 5. They diversified their strategies, engaging in flipping, BRRRR (Buy, Rehab, Rent, Refinance, Repeat), and used 1031 exchanges to transition to higher performing assets like oceanfront short-term rentals. They also invested in syndications to diversify their portfolio and manage workload effectively. By 2022, their investments had yielded significant returns, enabling Harley to step down from his role in the defense industry. Leveraging his workplace retirement accounts, he converted them into self-directed IRAs to further invest in real estate and provide capital for other investors to acquire and renovate properties. Determined to find a solution to the unproductive tasks that consumed time managing the investment portfolio and Adrienne's real estate team, Harley explored various Virtual Assistant options, only to be met with disappointment. This led him to create Workergenix, a virtual professional business designed to eliminate the hassle and frustration of outsourcing. Workergenix makes it incredibly easy and affordable for businesses to leverage skilled virtual professionals, allowing businesses to focus on growth and success. In 2024, after successfully selling Adrienne's high-performing real estate team, Harley and Adrienne embraced a digital nomadic lifestyle with their 3 young children. They continue to invest in real estate and businesses as they live abroad, while sharing their knowledge and experiences to help others achieve financial independence and success. Harley is passionate about empowering others to achieve business and lifestyle freedom. By leveraging people, finances, systems, and technology, he has transformed his life, enabling him and his family to travel the world full-time. Harley shares his wealth of knowledge and experience in: Harnessing the Power of Networking Optimizing Small Business Processes Building Wealth through Real Estate Investments Using Leverage to Scale Businesses Achieving a Balance between Work, Family, and Personal Life Through his innovative approach, Harley has mastered the art of creating a life that balances business success with personal fulfillment. He enjoys traveling and exploring new cultures with his wife and three children, all while running successful businesses from anywhere in the world. When he's not helping others achieve their dreams through virtual professionals, Harley assists investors in building wealth through strategic real estate partnerships and networking. His journey is a testament to the possibilities of living a life of freedom and fulfillment by effectively managing and leveraging resources. How to Connect With Harley LinkedIn: http://linkedin.com/in/harleygreen Facebook: https://www.facebook.com/workergenix/ Instagram: https://www.instagram.com/workergenix/ Twitter: https://twitter.com/workergenix Recommended Resources  Free Delegate or Die checklist   Traction book by Gino Wickman

To save your seat for the upcoming Webinar on How to Raise Private Money on August 7th, 2024 at 12pm, ⁠click here⁠. The BRRRR strategy is great for building a rental portfolio but with rising interest rates, many think it doesn't work anymore. We will discuss how to make it extremely profitable with today's interest rates and how the Slow BRRRR will solve a LOT of problems. You'll discover these strategies are alive and well!BRRRR- Buy, Rehab, Rent, Refinance Repeat   Visit our website at www.TrueWealthInvestors.com for more real estate wisdom and resources.   If you're an ambitious investor striving for significant goals, don't miss the opportunity to join our ELEVATE Mastermind Group.  Apply now at www.TrueWealthInvestors.com/mastermind and connect with like-minded individuals ready to elevate their business to new levels. Tune in, take notes, and let's unlock the secrets of strategic real estate selling together!" More Resources & Links Struggling to get started in Real Estate or feel like you are struggling to get to the next level?  Check out this Free Vision Casting Video to help clarify your goals and get specific steps to accomplish them!   Ready to see if you qualify for the ELEVATE Mastermind? Schedule a 20 Minute Discovery Call with Chad to see if it's right for you.   Connect with Chad on LinkedIn Follow Chad on Instagram Follow Chad on YouTube Follow True Wealth on Facebook Be sure to leave a rating & review to let us know how this show has helped YOU!

The BRRRR (Buy, Rehab, Rent, Refi, Repeat) process is the backbone of advanced buy & hold portfolio building. Today we go through the most efficient way to do this in volume.Learn more about Zach Zimmer here: https://realzachzimmer.comCheck out all the other MPI Podcast Network Shows: https://masterpassiveincome.com/networkReal Estate Coaching with Charles and William: https://masterpassiveincome.com/coaching//BEST REAL ESTATE INVESTING RESOURCE LINKSStart your LLC for only $29! https://masterpassiveincome.com/formanllcGreat High Interest Savings Account: https://masterpassiveincome.com/citGet your business bank account here: https://masterpassiveincome.com/baselaneGet your business credit card with 2% Cash Back with NO FEE! https://masterpassiveincome.com/amexSelf Directed IRA for Real Estate Investing: https://masterpassiveincome.com/rocketdollarLearn more about Zach and Dustin and find resources to build an automatic real estate investing business: https://masterpassiveincome.com/NOTE: This description may contains affiliate links to products we enjoy using ourselves. Should you choose to use these links, this channel may earn affiliate commissions at no additional cost to you. We appreciate your support!

Born in Los Angeles, California, Jason Malabute, an MBA, is a seasoned real estate investor, an active philanthropist, and a CPA (Certified Public Accountant). Jason Malabute started his real estate journey in 2018 and studied real estate for 1 whole year before finally investing in three rentals in the very first year of 2019, in Indianapolis. After successfully following the investment strategy called BRRRR (Buy, Rehab, Rent, Refinance, and Repeat) for multiple properties, Jason took the leap from single-family to multifamily investing. He focuses on the Atlanta, Indianapolis, and Kansas City Markets. Jason is a general partner on a 106 unit deal in Atlanta. Jason is a co-organizer of the Pasadena/Glendale chapter of Multifamily Masters meetup group in Los Angeles. Jason is a regular blog contributor for Biggerpockets and American Apartment Owners Association. Jason is head of accounting and financial reporting for Cashflow Champs. Learn more about me by visiting www.jasonmalabute.com. Facebook - www.facebook.com/thejasonmalabute. LinkedIn - https://www.linkedin.com/in/jasonmalabute/. IG - @jasonmalabute YouTube channel - https://www.youtube.com/@jasonmalabute TikTok - @jasonmalabute Twitter - @jasonmalabute --- Send in a voice message: https://podcasters.spotify.com/pod/show/rngradioshow/message Support this podcast: https://podcasters.spotify.com/pod/show/rngradioshow/support

How can you use your unique strengths to succeed in real estate investing, despite starting with limited funds?   In episode 714, host Taylor Loht sits down with Stephanie Cabral to talk about her journey from being an underemployed attorney to building a $3 million real estate portfolio as an accidental investor. Stephanie shares how she used the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy to build her portfolio, focusing on value-added improvements and creative financing techniques. She also shares her tips for managing properties remotely and the importance of building systems and teams to achieve time and location freedom. Stephanie's story is proof of the power of resourcefulness, determination, and seizing opportunities when they arise.     [00:00 - 06:05] From Underemployed Attorney to Real Estate Entrepreneur How Stephanie's journey began. Using a 203k loan for her first deal, gaining construction experience with minimal risk. The potential for appreciation and cash flow in real estate investing.   [06:06 - 13:38] Mastering the BRRRR Strategy Focus on value-add improvements to maximize appreciation. Techniques for cost-effective upgrades. Exploring creative financing options, such as hard money lending, private money, and tax credits.   [13:39 - 22:20] Building Systems and Teams for Time and Location Freedom The importance of creating checklists and standard operating procedures. Outsourcing tasks. Distributing the team to improve operations.    [22:21 - 29:37] Advice for Aspiring Investors Focusing on competitive advantages. Building relationships with potential partners. The benefits of self-managing properties for better tenant quality and cash flow, as well as the option of passive investing through syndications.   Quotes:   "The more nos you get, the closer you are to a yes." - Stephanie Cabral   "What are your competitive advantages, and how can you take advantage of that?" - Stephanie Cabral   "If you start a business that depends entirely on you, you didn't buy a business, you bought a job." - Stephanie Cabral, referencing Michael Gerber's "The E-Myth"   Connect with Stephanie Cabral:  Website: https://www.theleanlandlord.com/ Instagram: https://www.instagram.com/leanlandlord/   Apply to Invest with Taylor at www.investwithtaylor.com Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com Please leave a review and help others escape Wall Street and build wealth on Main Street!

Bryan marries his expertise in digital marketing with savvy real estate investments to help clients maximize their potential, and that's exactly what we dive into in this episode. Bryan shares his journey to wealth using agency profits reinvested in real estate. Bryan also shares his BRRRR (Buy, Remodel, Rent, Refinance, Repeat) model and how he links real estate investors with potential home sellers through his current venture.Connect with BryanInstagram: @motivated_leadsWebsite: motivatedleads.comLinkedInConnect with Nicole⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ @workwealthandtravel⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Youtube @workwealthandtravelWebsiteBook a Discovery Call Sign up for 80+ Remote Work Job BoardsGive the Podcast a 5-Star Rating on Apple Podcasts - Thank you!

Quitting the rat race in your 20s might sound crazy for some, but our guest today defied the impossible and proved that it's possible to become financially free before 30! Join us for a jampacked episode with David Lecko, CEO of DealMachine and renowned investor in single-family long-term rentals.  David's entrepreneurial venture began in 2017 when he recognized the potential of finding off-market deals and sending offers through direct mail. Overcome with the challenges of manual tracking, he created the DealMachine app, which allows investors to find off-market leads and streamline the marketing process easily. Today, DealMachine has become a must-try app for serious investors and has facilitated over 10,000 successful deals across all 50 states. Tune in to learn how David successfully transitioned from a W2 job to a full-time commitment to real estate and how it took him three years to achieve financial freedom. We talk about the secrets behind his profitable BRRRR (Buy, Rehab, Rent, Refinance, Repeat) deals, the key to managing hot leads, and learning how to optimize your team as a business owner and investor. Whether you are a seasoned real estate professional or a newcomer, David Lecko's expertise makes this episode a must-listen for anyone looking for real-life success in real estate investing.  PODCAST HIGHLIGHTS:[3:44] David's First Real Estate Deal [8:24] On Choosing Ideal Roommates [10:22] Transitioning From a W2 to Real Estate [16:40] Unpacking David's Profitable BRRRR Deals [21:40] The Secret Sauce to Finding Good Deals in 2024 [26:00] On Budgeting for Direct Marketing [26:30] Why Deal Machine Is a Gamechanger for Real Estate [33:30] A Glimpse Into David's Future Plans [38:35] Best Piece of Advice [43:00] The Problem With Diving Into Multiple Side Hustles HOSTS    Craig Curelop   

EPISODE SUMMARY: It's not every day you come across a story that stops you in your tracks and makes you reconsider the path you're on. Jason Malabute journey is one such narrative, an odyssey through the trials of cerebral palsy to the peaks of real estate investment. Join us on the Know Your Why podcast with Dr. Jason Ballara, where we sit with Jason, a CPA turned real estate mogul, as he lays bare the hurdles he leaped and the drive that comes from understanding your 'why'. We'll traverse his transition from academia to the boardroom, uncovering how a blend of parental wisdom and personal grit shaped his approach to conquering the Los Angeles and Indianapolis real estate markets. Mentorship is the silent hero in many success stories, and mine has been no different. Reflecting on the invaluable insights gained from mentors like Sterling White, David Monroe, and Charles Stephen, this episode peels back the layers on the crucial role these giants play in the tumultuous world of commercial real estate. We recount the lessons learned from each, even nodding to the polarizing yet influential Grant Cardone, as we celebrate the milestone of two hundred episodes filled with growth, learning, and a little bit of celebration. Navigating the treacherous waters of multi-family real estate investment, especially through the stormy market of 2020 to 2023, has taught me the importance of mental fortitude and the sweet victory that awaits beyond the setbacks. We lay out the blueprint for achieving financial freedom and the burgeoning opportunities within the multi-family realm that beckon any aspiring investor. So, tune in with us, show your support for the podcast, and let Jason's tale of triumph become the wind in the sails of your own ambitions. JASON'S BIO: Born in Los Angeles, California, Jason Malabute, an MBA, is a seasoned real estate investor, an active philanthropist, and a CPA (Certified Public Accountant). Jason Malabute started his real estate journey in 2018 and studied real estate for 1 whole year before finally investing in three rentals in the very first year of 2019, in Indianapolis. After successfully following the investment strategy called BRRRR (Buy, Rehab, Rent, Refinance, and Repeat) for multiple properties, Jason took the leap from single-family to multifamily investing. He focuses on the Atlanta, Indianapolis, and Kansas City Markets. Jason is a general partner on a 342 units across 2 deals in Atlanta. Jason is a co-organizer of the Pasadena/Glendale chapter of Multifamily Masters meetup group in Los Angeles. Jason is a regular blog contributor for Biggerpockets and American Apartment Owners Association. Jason is head of accounting and financial reporting for Cashflow Champs. GET IN TOUCH WITH JASON : www.jasonmalabute.com www.facebook.com/thejasonmalabute. https://www.linkedin.com/in/jasonmalabute/. @jasonmalabute. https://www.youtube.com/@jasonmalabute Tiktok is @jasonmalabute Twitter is @jasonmalabute Mentorship program: https://www.strategicacquisitionmethod.com/sac-order EPISODE CHAPTERS: (0:00:01) - Real Estate Investing, Transitioning to Multi-Family Jason Malabute shares his journey of overcoming challenges, obtaining an MBA and CPA, and building a successful real estate portfolio. (0:14:49) - Mentorship in Real Estate Mentorship is crucial for success in commercial real estate, with key mentors including Sterling White, David Monroe, and Charles Stephen. (0:20:57) - Financial Independence Through Real Estate Work The power of determination in multi-family real estate investment, current market state, and future opportunities. (0:40:54) - Exploring the Why Behind Success Jason shares his journey of persistence and securing a pivotal deal, inspiring listeners to keep pushing through challenges. If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/ Artist: http://audionautix.com/  

Born in Los Angeles, California, Jason Malabute, an MBA, is a seasoned real estate investor, an active philanthropist, and a CPA (Certified Public Accountant). Jason Malabute started his real estate journey in 2018 and studied real estate for 1 whole year before finally investing in three rentals in the very first year of 2019, in Indianapolis. After successfully following the investment strategy called BRRRR (Buy, Rehab, Rent, Refinance, and Repeat) for multiple properties, Jason took the leap from single-family to multifamily investing. He focuses on the Atlanta, Indianapolis, and Kansas City Markets. Jason is a general partner on a 106-unit deal in Atlanta. Jason is a co-organizer of the Pasadena/Glendale chapter of the Multifamily Masters meetup group in Los Angeles. Jason is a regular blog contributor for Biggerpockets and the American Apartment Owners Association. Jason is head of accounting and financial reporting for Cashflow Champs.   In this episode, we talked to Jason about overcoming the obstacles in real estate investment, the flow of his journey, what he experienced and learned along the way, his plans for the future, and much more.   Announcement: You can join the Apartment Investing Mastermind here.   Investing for Success;   02:37 Jason's background; 04:30 Overcoming the obstacles; 08:53 How Jason started his journey; 11:04 Learning from experiences; 15:30 The payoff from his commitment; 18:33 What does the future look like for Jason; 21:51 Round of insights     Announcement: Download Our Sample Deal and Join Our Mailing List   Round of Insights   Apparent Failure: His passion for professional basketball, setting Jason up for later success per his dedication. Digital Resource: SDA Tools. Most Recommended Book: The 10X Rule. #1 Insight for getting the first real estate deal: Learning and doing the work through proper resources. Contact Jason: jason@cashflowchamps.com  http://www.jasonmalabute.com/  https://cashflowchamps.com   Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.  

If you enjoyed this episode, or are enjoying the Scalable REI show overall, show your support by buying the Scalable REI team a cup of coffee: https://www.buymeacoffee.com/scalablereiDarren Wright, despite facing the challenges of dyslexia and being an introvert, has demonstrated remarkable resilience and achieved significant success in his professional journey. He overcame academic setbacks in high school to forge a successful career as a licensed electrician, ultimately establishing and managing a thriving electrical contracting business.Mr. Wright's academic pursuits include earning a Bachelor of Science in Computer Systems Engineering and a Master of Science in Machine Neuroscience, reflecting his commitment to continuous learning and technological innovation.Furthermore, Darren Wright has received recognition as an accomplished Real Estate investor, with a diverse portfolio that includes house flipping and the acquisition of small multi-family rental properties. Following a personal setback involving the sale of his real estate holdings due to a divorce, Mr. Wright embarked on a fresh entrepreneurial endeavor.In collaboration with his wife, Dorothy, he founded Infinite Properties Inc., a company focused on acquiring and managing multi-family apartment buildings through strategic joint venture partnerships. Infinite Properties actively employs the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) model to identify investment opportunities. The company is responsible for overseeing all aspects of the investment process, from property acquisition and renovation management to comprehensive property management and accounting for all partners involved.Best Way to Contact Darren:infinitepropertiesinc.comHelpful Links:https://www.linkedin.com/in/the-darren-wright Episode Highlights: In this episode, Darren Wright  recounts his journey from house flipping to transitioning into multifamily property investments. He sheds light on Canada's unique financing structure facilitated by the Canadian Mortgage and Housing Corporation (CMHC), allowing for higher loan-to-value ratios and extended amortization periods. Darren explains his approach to discovering deals, including leveraging MLS listings and pursuing off-market opportunities through advertising.BEST CRM THAT WE USE: Looking for the best all-in-one CRM to scale your real estate investing business? Use the link below to sign up today: https://www.gohighlevel.com/main-page?fp_ref=scalable-reiBEST PHONE SYSTEM THAT WE USE: Looking for an optimal online phone system that can forward to your cell phone, directly integrate to your CRM, and be leveraged for your remote virtual assistant team? If so, use this link to save $20 today when you open a new account: https://openph.one/referral/NpnZPxX COFFEE!!! If you feel this episode provided a ton of value, show your support by buying us a cup of coffee: https://www.buymeacoffee.com/scalablereiLET'S DO SOME DEALS!!! Contact Mason to JV/partner on deals or passively invest by either emailing him at mason@scalablerei.comSchedule a call with Mason by using this link here: https://calendly.com/mason-klement/30minFollow Mason on Instagram to learn additional real estate investing tips and tricks: https://www.instagram.com/mason_klement_scalablerei

This episode of the Smart Real Estate Coach Podcast dives deep into the journey of Jaren Suster, a real estate investor who became a multimillionaire by age 30. Jaren shares his story, starting from recognizing the need for financial freedom in 2018 to acquiring his first property in Greenville, South Carolina, for $68,000. By leveraging various strategies like the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat), seller financing, and partnerships, he expanded his portfolio to over 20 properties by April 2021. Jaren emphasizes the significance of finding good deals and networking with successful individuals to achieve long-term success in real estate.  Throughout the conversation, Jaren stresses the importance of perseverance, being present in the journey, and continuously seeking opportunities for growth. The episode is packed with valuable nuggets for both novice and experienced real estate investors, encouraging them to embrace delayed gratification, surround themselves with the right people, and focus on consistent progress toward their goals. What you'll learn about in this episode: Importance of Networking: Success is closely tied to networking and being around people who are already where you want to be. Networking and learning from others who have succeeded in your field can be invaluable. Delayed Gratification and Long-Term Thinking: Embrace delayed gratification and focus on long-term strategies. Success often requires making decisions now that may not pay off immediately but will benefit you in the long run. Learning from Mentors: Having mentors or people who guide you through your journey is crucial. Jared's success in real estate investing was significantly influenced by the guidance and support he received from his friend and mentor. Diversification in Real Estate Strategies: Explore various real estate investment strategies. Jared initially followed traditional methods but then diversified his approach, including the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy and seller financing to scale his portfolio. Enjoying the Journey: Don't forget to be present and enjoy the journey. While striving for success, it's essential to appreciate the experiences and lessons learned along the way, rather than solely focusing on the end goal. Resources:   Everyone is always asking us, “How is it possible to buy real estate without using my own cash or credit?” With decades of combined experience in real estate, we've perfected the process of investing creatively. We want to share as much as we can with you, which is exactly why we're running this FREE workshop! If you're thinking about leaving your job, escaping the W-2 lifestyle, and starting on the path towards creating generational wealth — this is for you! To register, just visit: smartrealestatecoach.com/pcws.   Schedule a free strategy session with us. This is an opportunity for you to have an honest conversation with our team about your background, investment goals and create some action steps toward creating the life of your dreams. Together we'll discover where you are, where you want to be, and what's in the way. Just visit: smartrealestatecoach.com/action.   Our free Master's Class is the ONLY webinar where you're given the exact techniques we use in our family company to buy and sell homes every month — all across North America and ALL on TERMS! Register by visiting: smartrealestatecoach.com/mastersclass   The Wicked Smart Investor's Toolkit is a great way to dip your toe in the water of buying properties on terms. Here you'll receive seller scripts, our investor blueprint, be able to listen to live calls, and much more! Enroll for free at smartrealestatecoach.com/tools   The Quantum Leap System has everything you'll need to start buying and selling on terms (without banks and without your own money or credit), launch & scale a business that fits your goals, and strengthen your mindset so you can follow the proven path to becoming a successful real estate investor. You can learn more by visiting: smartrealestatecoach.com/qls.   For additional information on lead generation, funding, mindset coaching, legal assistance, virtual staffing, and business growth, visit the Investor Resources section of our website at: smartrealestatecoach.com/resources.   Chris's Book: Real Estate on Your Terms by Chris Prefontaine   Instant Real Estate Investor eBook: SmartRealRstateCoach.com/ebook   Find our next workshop here: https://smartrealestatecoach.com/workshop   If you're looking to secure some lines of credit for your business, check out Fund and Grow: www.Smartrealestatecoach.com/fundandgrow   Learn more about Associate Coaching Program Funding here: www.smartrealestatecoach.com/funding   90-Day Jump Start: www.smartrealestatecoach.com/jump   Nat Processing Website: www.natprocessing.com   Request a free copy of our best-selling book, Real Estate On Your Terms and Deal Structure Overtime, at absolutely no charge: WickedSmartBooks.com   Join us at the Wicked Smart Summit in March and get 50% off your ticket now! Don't miss out, secure your spot at www.smartrealestatecoach.com/summit50 today!

Discovering Multifamily Episode 242: How One Investor Jason Malabute With a Disability Found Multifamily Real Estate SuccessBorn in Los Angeles, California, Jason Malabute, an MBA, is a seasoned Real Estate Investor, an active Philanthropist, and a CPA (Certified Public Accountant). Despite being born with a condition called ‘Cerebral Palsy' that affects speech and muscle movement, Jason Malabute never took it as an excuse and used his disability as a motivation instead. Jason Malabute started his real estate journey in 2018 and studied real estate for 1 whole year before finally investing in three rentals in the very first year of 2019, in Indianapolis. After successfully following the investment strategy called BRRRR (Buy, Rehab, Rent, Refinance, and Repeat) for multiple properties, Mr Malabute took the leap from single-family to multifamily investing under the mentorship of Sterling White. Sterling White is the founder of Sonders Investment Group and is involved with both buying and selling over 100 single family homes. Mr. White has recently scaled his portfolio to just under 500 multi family apartment units.Following the footsteps of Sterling White, today, Jason Malabute is the proud owner of Malabute Properties LLC and has recently exited out from all the single-family homes in 2021. He has now totally submerged into the multifamily investing in Indianapolis and Kansas City areas, where his prime interest remains in acquiring 6-30 unit apartment buildings.YouTube:  https://youtu.be/gw7-tNhIKNwWebsite: www.redknightproperties.com/media   iTunes: https://podcasts.apple.com/us/podcast/discovering-multifamily/id1506820688   #financialfreedom #passiveinvesting #activeinvesting #investsmart #investwisely #buildingwealth #multifamily #podcast #Red Knight Properties #Anthony Scandariato #Brian Leonard #investing in real estate

We get it — when it comes to your practice's IT, it can all get a little confusing. That's where Darkhorse comes in. With a laser focus on serving dental practices of all shapes and sizes, they are here to roll up their sleeves and tackle your IT needs, no matter how complex. Our listeners get their first 30 days FREE, so start your journey with Darkhorse today: https://thedentalmarketer.lpages.co/darkhorse-deal/‍‍Guest: Brady FrankBusiness Name: Freedom Dental PartnersCheck out Brady's Media:Website: https://freedomdentalpartners.com/Email: brady@freedomdentalpartners.comDr. Frank's Book DDSO Strategies: https://www.ddsostrategiesbook.com/ddso-bookDr. Frank's Free Real Estate Valuation: https://freedomdentalpartners.com/re‍Other Mentions and Links:Marquette UniversityRick WorkmanHeartland DentalPacific Dental ServicesAspen DentalREIT - Real Estate Investment TrustRick KushnerComfort DentalT. Harv EkerEscrowRE/MAXBlockbusterFixer Upper - Chip and Joanna GainesBRRRR (Buy, Rehab, Rent, Refinance, Repeat)Bank of AmericaCostco‍Host: Michael Arias‍Website: The Dental Marketer Join my newsletter: https://thedentalmarketer.lpages.co/newsletter/‍Join this podcast's Facebook Group: The Dental Marketer Society‍‍My Key Takeaways:Why is it best to partner with other dentists and entrepreneurs?What makes a practice ready to sell at a profit?What is the current landscape of real estate and how does this affect the dental industry?How to maximize your ROI when purchasing a practice space.How to get into the cost to benefit mindset and spot a good deal.‍Please don't forget to share with us on Instagram when you are listening to the podcast AND if you are really wanting to show us love, then please leave a 5 star review on iTunes! [Click here to leave a review on iTunes]‍p.s. Some links are affiliate links, which means that if you choose to make a purchase, I will earn a commission. This commission comes at no additional cost to you. Please understand that we have experience with these products/ company, and I recommend them because they are helpful and useful, not because of the small commissions we make if you decide to buy something. Please do not spend any money unless you feel you need them or that they will help you with your goals.‍Episode Transcript (Auto-Generated - Please Excuse Errors)Michael: This is the dental marketer the podcast where we teach you how to effectively market and grow your dental practice My name is michael arias and my mission is to help you the practice owner attract new patients immediately And effectively market and grow your business so you can become the go to dental practice in your community Now, what is one of the best ways to grow wealth in the dental industry?Well, The answer, my friends, may surprise you. And we've got just the expert to break it all down for us. We're sitting down with Dr. Brady Frank, a third generation dentist who has not only carved out a successful career in dentistry, but has also ventured into the world of entrepreneurship. Invention and thought leadership.Now, Brady's journey is one filled with hard earned wisdom and expertise in various facets of the dental industry. So in this episode, we'll be exploring some key points that could revolutionize your understanding of wealth growth in the dental field. So grab a notepad because you won't want to miss this.First up, what we're going to be talking about is why it's often best to partner with other dentists and entrepreneurs, and Brady will shed light. On the advantages of opportunities that come with collaboration. Next we'll explore what makes a dental practice ready to sell at a profit. Now this is vital information for anyone looking to maximize their returns in the industry.And then we'll delve into the current landscape of real estate and how it affects the dental industry. Real estate is a crucial component of any dental practice and understanding the market dynamics. Is key. And then we're also going to learn how to maximize your return on investment when purchasing a practice space and Brady will share strategies to make your investment work smarter, not harder.And then finally, we'll discuss the cost to benefit mindset and how to spot a good deal in the dental industry. This financial perspective is essential for anyone aiming to achieve financial success. And Brady's extensive knowledge and experience in the dental industry, entrepreneurship, and real estate make him the perfect guide Through these topics.mean, He's not only a successful practitioner, but also a mentor and author, and he has co founded Freedom Dental Partners, a platform that brings his expertise to others. So if you're looking to grow your wealth, this episode is tailor made for you. And one critical question I wanted to ask you.What could your practice achieve if every technological aspect worked flawlessly? I mean, Have you ever thought about what your dental practice could achieve if tech headaches were a thing of the past? Well, sTick around for after the interview because I have something just for you. But for now, let's dive in with Dr.Brady Frank. Brady. How's it going? Brady: Doing great. Michael. So excited to be on your podcast now, Michael: man. We're excited to have you. If you can, give us a little bit of a rundown of your past, your present. How'd you get to where you are today?Brady: great question. I, uh, back in 1999, which means I'm an old guy, right? I, uh, I had a wrist injury in dental school. Um, they told me I wouldn't be able to practice dentistry. So I checked out a bunch of books at the Marquette Dental School Library, realized I'd probably have to own practices, but not practice in them to make a living and put two practices under contract as a senior in dental school, bought the building, Buildings and practices ended up owning seven practices in the first five years had 28 different associates and, um, made pretty much every mistake back in the early two thousands and really just got deeper and deeper into group practice than DSOs real estate ended up.having a bunch of patents in dental implants manufactured around the world and, uh, really had a big focus on implants through there and where I am today is really just helping dentist groups expand and kind of get to the next level in dentistry. Wow, man. Michael: So you did a lot. So then real quick, when it came to owning the practices and at the same time working with many associates and team members and everything like that, what were some of the If you can recall major mistakes that you felt like if only we did small pivots, it could have, could have made a huge Brady: difference.Yeah, so early on, um, I'd say the first decade of me owning group practices and other practices in real estate, I'll get my mistakes on the practice side and on the real estate side. On the practice side, I didn't create alignment. Or shared ownership or partnership or whatever we want to call it with the doctors in the practice.I just had them as associates or employees. And so that was probably my biggest mistake early. I ended up selling those practices to the doctors, But I could have created much larger groups with shared interests, with shared equity. And I just didn't understand that back then. Uh, my biggest mistake in real estate was.Probably just not buying enough real estate. I buy tons of real estate. Now I'm, I got 62 properties going to closing. the founder of Heartland, uh, Rick Workman, he's made billions of dollars on his DSO, but more billions on real estate and 80 percent less time with 80 percent less effort, Pacific dental services, they won't sell to private equity right now.Because they're doing so well in real estate. Aspen, another big BSO, they develop almost all of their own buildings, and then they sell them to REITs, and that's how they capitalize their growth. Rick Kushner, of Comfort Dental, was at a meeting at Marquette Dental School, my alma mater, and my friend organized it, and he said, he said, Rick, why, you've got, you know, 400 partners, all these locations, why are you still doing this?He said there's a secret, it's about real estate. So I didn't really leverage real estate to the full extent my first decade, but this last decade I've, made more money in real estate than group practices and I've done a, been very well with group practices. So that's where most of my teaching is and that's where I share on how to really crank it out with real estate and not make the mistakes that I did my first decade in Michael: it.Gotcha. Okay. So then real estate is primarily what you're teaching right now. Brady: So I would say my primary teaching is how dentists can expand like I did using real estate profits. To fund their expansion. Don't go to banks, don't get in debt. Go. Don't go to private equity. Mm-Hmm Use real estate profits to fund your expansion.So I mainly teach that, but what I also do is take doctors who have done very well and I clump them together. in dentist owned DSOs. In fact, I wrote a book about it, The DSO Strategy, Dentist Owned DSO Strategies. And I might just kind of look back a graph. I'll pull the page out, make it easier. This is kind of groups getting together.Forming one entity and getting a much higher multiple of sale. So I basically helped docs early, early, our team, I should say, uh, helps docs early phase growth, use real estate to fund their expansion. And then once they've gotten to a certain size. 368 12 locations, how to merge with other successful dentists and get a much higher valuation and then make a bunch of money and do it all over again, basically, and own a bunch of real estate through the process.So that's kind of my main thing is teaching on DSOs, MSOs, and then how that works with real estate and how it fits in with expansion. The reason 80 percent of my teaching is there is because real estate is actually really a simple investment. and so just a lot of my teaching is on the other stuff.And then the real estate kind of becomes the bedrock or the foundation of all the other components. Michael: can you give us like right now, like a step by step system or process on how to use real estate profits? Brady: Yeah. So going back to my mistakes early on, I would buy a building, a dental building. I would hold it for anywhere from three to 10 years and then I would sell it.During that time period that I held it, I had cash flow. And when I sold it, I got a big chunk of money. And someone said something, Canadian entrepreneur who did really well. His name's T Harv Ecker. And he said this in one of his seminars. Um, I've never made as much money operating a business. As I have selling a business and he said, same with real estate.And at that time I realized the longer I held on to a piece of real estate the more time I had into it. The more I had to manage that property, yes, I got monthly cash flow. But at the end of the day, you have to, as a dentist, you're at the top tax bracket, you've got to pay full taxes on that money.So the timeframe with which I held properties that I bought, went from three to 10 years down to like two or three years. Because of capital gains, you have to hold it over here. But then it got down to like a year and now in many cases, it's down to three hours, like literally I'll put a property under contract, I'll find a buyer.I'll get it filled and I won't even close on it. I'll close it, but I'll own it for three hours that the buyer comes in, might put 20 million into the escrow company, pay off the seller with 5 million of it, have 20 million of profit. and one of my mistakes was I did real estate alone without partnerships early on when you do big projects, you need partners, other people to go into the building with their businesses, and then we share the profits.so I would say that I used to do things. Solo, like I can do this. I'm entrepreneur. I can employ the dentist, right? I'll be the guy and I used to have kind of I didn't think so, but other people thought that I thought I was always right like 20 years ago But maybe looking back I did feel like I was right and I had to follow my face a few times to realize Oh, man, there's so many people smarter than I am.Let me be mentored by some of these billionaires who've done really well And since that time, I've done a lot more partnerships, a lot more collaborative work, and you know, I try to always believe, hey, if this is the amount of knowledge out there, hey, Brady, you're right here. So don't think of yourself as someone with all the answers.Realize that you're going to learn from each person that, that is an expert in that subject matter. And so, with real estate. I've focused less on buy and hold, more on flipping it, just like the big, the biggest, most successful DSOs and healthcare groups do. And then I have not, I've decided to do it in partnership with others, uh, rather than just trying to do it myself.So much more leverage with other people's time, other people's money, other people's Business growth. so that's where I am today is mainly doing collaborative work, partnering with a lot of different doctors, hundreds of them. and really, I'm adding value to others, helping them not go through the mistakes.I have and both real estate and growing groups too. Michael: Got, okay. So then if we wanted to right now use real estate profits, what are the first steps? Let's just say right now, okay. You know what? I do wanna do this. I do want to do that flip that you mentioned, or you know what I mean? I'm looking to acquire another practice, but I don't know if I should just expand it and keep it, or.What are the steps for Brady: this? Yeah. Um, there's kind of two categories of real estate. One category you already own it and you're figuring out what, what's, what's the best thing I can do with this asset, buy and hold it, sell it and get it, get a bunch of liquidity, pay off a bunch of my debt and then also real estate that you don't own yet.I'll go over both of those, really quickly. the first one with real estate that you do own, you would be like me, 10 years ago, buying it, holding it, getting some cash flow, paying on your debts. Right. And then having this big payday someday, whenever you sell it, I realized that entrepreneurs, which I think most of the people listening to this are are going to do a lot better.reducing their debt, getting a bunch of cash in their bank and doing more stuff than playing the 10 year game with that, real estate. So if you own a piece of real estate, I encourage you. And if you want, I can, um, even give a link to a software that shows you how much the value of your current property is.Yeah. I would encourage you to, to, look at what would life look like if I sold some or all of my real estate, what would I do with that cash? What would life look like with less debt and could I expand my practice or practices, um, in my main business? So, so that's number one. Number two is for those that also are like, Hey, I own real estate.I like it. I'd love to see what that looks like. If I had a liquidity event there, paid off debt, you know, use that to buy more locations. But I'd also like to know, all right, Brady, what does it look like? Buying real estate for the sole purpose of having a massive game, right? And so here's the strategy with that and we can come back into that later and I saw you nod your head I can I can do a qr code I'll hold it up in front of the screen or we can put it in the in the chat and you'll you can plug your Building information.It'll spit out of value. It's pretty awesome software. so the other component is, Hey, I don't own real estate. how do you make the most in real estate? So most dentists think that if I build a dental building and sell it, Hey, I built it starting to make a profit right now because of inflation, it costs on average 420 bucks a foot to build a dental building with the land and everything.420 bucks a foot. The buildings that I buy, I never pay over a hundred dollars a foot. Never. It's 30 bucks to 80 bucks a foot. and they call that, that's way below replacement cost. Meaning, if you were to build that today, it cost you 400 percent more. So here is why we're able to do that.The office and retail markets of real estate Started going down because there were more vacancies because e commerce Amazon went out there and no one, you know what I mean? People weren't buying designer jeans. So that affected then COVID hit and a lot of businesses went virtual. Another big hit to the commercial real estate markets.And now we've got AI that is supposed to replace 62 percent of task related jobs within three to five years, which means more of a hit to real estate. interest rates are higher now. So whenever interest rates go up, real estate market goes down. The only shining light in real estate right now is the healthcare real estate market.Anything backed with a dental lease or a healthcare lease. that real estate is skyrocketing. Office and retail is going way down. And that arbitrage is where we're playing. So we buy a building that's vacant, without any tenants. Dirt cheap. You move your business into there, just like Aspen does, or Heartland, or one of the others.Once you move your business into there, the building is now occupied. Okay. And, um, the software that I'll share, it actually picks out all these vacant buildings that you can choose from around America. Is that crazy? Yeah, that is cool. Yeah. So, so basically you could, and it matches it up. It's the AI component isn't complete yet, but the AI component watching match your, what you plug in to the buildings that are available.through 20 different databases of buildings, right? So it picks all these on loop net with a remax, all these, and it finds all those buildings, even the ones that are off market at auctions. Okay. So then you're, so then you make an offer on that building and an ideal world, it would already have a build out that is actually fits a dental practice.Like I did a, I bought a med spa for five 75, put a 15 operatory in there. Sold the building for 2. 4 million, like a year or two later. And that practice was a DeNovo, a startup. It did 503, 000 the first month. Cause I used partner dentists. And one month later I bought a strip mall, vacant strip mall and had a blockbuster in there that was gone.If you remember blockbuster. Yeah. Yeah. Blockbuster gone. Right. it had a blimpy sobs gone and some drive through coffee thing. And it was near a hospital. It had an oral surgeon near it, an endodontist. I bought it for 330 grand 10, 000 square feet. The seller was a physician because there was a hospital nearby.He said, I'll sell it to you. But only if you give me 10 percent down, cause I want the cashflow on the 330 grand. So I put 33 grand into it and then the rest was seller financing. And I sold that about two years later for just a little over 2. 4 million. Right. That was a thousand percent return and the tenants paid for their build outs in there.Right. so those buildings, those vacant buildings, that massive arbitrage of profit, that is what you can use to expand your business. So in that group that I owned in Southern Oregon grew from zero to eight million in less than four years. The group ended up having an eight figure exit with the DSO. And I grew that based on profits from real estate. Not only did I pay cash for everything. equipment, any build out stuff, but I actually had millions of dollars left over just on that arbitrage, buying real estate really low and selling it at market value, which happens to be really high compared to what you buy it for.So the key is, is this, Michael, Buying buildings dirt cheap that are perfect for dental practices or other health care and then occupying them with a practice, your new practice, a de novo, or moving an acquisition into there, like a merger from a three op guy into there. And then once you are occupying that building.The lease rate is what dictates the value. And then there's a whole world of buyers out there who buy real estate based on cashflow. Very easy to sell these for market value, but here's the deal. Nobody wants a vacant building. So owner users like us, Dennis are in a powerful position to occupy the building that we buy.And then basically flip that building, realize the profits. And, and, and the main point is the less and less time that you own the building from 10 years, all the way down to three hours, the greater your returns on an hourly rate, right? Meaning that profit explodes when you sell it.If you wait 10 years to sell it, you amortize your profit when you sell it all the way back over 10 years, incrementally per hour, your profit on that property is very low. Whereas if you buy a property and sell it a year later, right? Incrementally every hour you've owned that property is monetized based on the sale price.so that is in general kind of what I've done with real estate and we're in a great time right now. So much vacant dirt cheap real estate and so much opportunity. dentistry is exploding. Great opportunity for groups to expand and use real estate as their tool. Okay. Michael: Interesting. So how, I guess through all that, how easy is it to occupy one of these vacant buildings?Brady: So in some buildings, are very, set up for dental. Like that med spa that I bought and put 15 ops in it. Yeah, they had massage rooms. I just dropped dental chairs in each room. Very, very inexpensive. They had a waiting room already. It was gorgeous facility. very low, low, low costs for build out.The, um, strip mall that I had bought at that time, which kind of started this process for me of DeNovo's and real estate. Um, was a big open space and blockbuster and that took an actual build out inside. So that cost 400, 500 grand now, uh, bought the building for three 30 sold it for 2. 4 million, right? So even after 400, 000 in a buildout, that's still close to 2 million in profit, still worth it.But basically the buildings that you choose that are better suited to fit dental, the less you'll spend on TIs and the more retained profits you'll have, which can go into your retirement account. Which can pay off student debt, which can go into buying more practices, right? And recycle that. so, yeah, there is a kind of an art to that and the software really, uh, kind of, uh.Dovetails into what existing buildups look like you can kind of see what those look like and all that good stuff Michael: gotcha, and so you bought the You started this process without getting a loan from the bank or anything like that to be like, hey I'm going to expand I want to do this you you did it from your own Brady: or yes so so what happened is that was this was in 2010, which is 13, 14 years ago that I started this de novo and real estate component.But before then I already sold a couple of groups, owned other real estate, sold it. So I was doing well. So I just self funded. I didn't use debt. I just bought these properties and then occupied them and added other tenants to them, the strip mall. I had a chiropractor and a blood lab. got it 100 percent occupied and sold it to a 1031 buyer.Um, so for those that are like, Hey, have to take on debt and do that. So we have a big family office network. So doctors don't have to come up with money on the front end. They can be a tenant partner. In these projects, right? our team at Freedom, uh, Dental Partners, we've got a team that just teaches how to do the stuff.in fact, several of the projects of the 62 buildings going to closing right now are, are just that. One guy is a guy named Kevin up in Chicago. I actually partnered on this building to buy it. we bought it for two million and we're selling it for five million, right? Just a little bit of time later It's got 20 000 square feet.It's got a total of 40 dental laboratories in it Yeah, it's got perio and oral surgery and He's putting a big implant practice there and we're kind of teaming up on that. so not like you have to pay dirt cheap for them. I mean, you can pay two million for a building and still make three million dollars on it.So, so we do a lot of those, those as well. Michael: Okay. And then how, right now, if someone wants to sell, what should they do? What's like your recommendation if they're like, okay, I'm looking to sell. They know the common most way to sell. Right. Yep. Yeah. What are your recommendations? Brady: Yeah. So first of all, I would kind of assess your building.what is the, the value look like? And, I don't know if a lot of folks watch yours via video or it's audio, but do you mind if I share my screen and I can kind of... Yeah, Michael: Yeah. And if anybody right now, if you're listening, uh, definitely go in the show notes below and watch the video version of, especially of this portion Brady: right now.Yeah. And I'll just kind of go with this. There it is. So I just spoke, I don't know if anyone gets dental economics. I'm sure you get that magazine. And, uh, I've written a bunch of articles in there and they invited me to speak again in, in Las Vegas and this QR code, Freedom Dental Partners forward slash RE. So if you can't see it, it's just freedom dental partners. com forward slash RE. basically you just plug in, uh, the data on your building and we've got a whole team that basically figures out what the value is based on a few important factors.And those factors are your lease rate or what your lease rate could be. Um, the ability to have a corporate guarantee on the building, and then we work with several multi billion dollar REITs that then basically are buying a lot of the properties we put together, and we know the value of that. So we can, we'll email you back the value, um, it doesn't cost you anything obviously for that, but it's another example of how dentists can partner together to get higher value, because the average value a dentist can receive from selling their building as part of a group of other dental buildings is about 35 percent higher.So if a building is worth 500 grand on its own with these other factors, you're making whatever that is. So So that's that I'll unshare right now, but happy for anyone to use that resource and we had a bunch of people use that at the dental economics event and get back their values on their buildings and how that all works and with an explanation.But anyway, yeah, so that's that's Michael for those that already own their building that want to, you know, have some profit event from the real estate they own. But the biggest, I will say, the biggest profits are in taking these buildings, finding, you know, the ones that are easily, moved into a dental practice component, and then being able to turn those buildings, have a profit, and operate your dental practice there, and effectively expand without any debt and actually making money while you're expanding.Michael: Yeah. Okay. Okay. And I know, um, I guess, how do you know if a building is perfect? Because I think if you want something bad enough, you kind of can convince yourself like, this is perfect. But if Brady were to walk in there, you can tell us like, man, Michael, this is not perfect at all. This is, this is not a good building.So how can Brady: we tell? Yeah, yeah. So, so I look at it from, um, kind of an investment. Objective. If someone's going to do, let's say it's your second practice or your third or your 10th, you almost have to look up, look at it as a cost to benefit ratio. So I really don't look at any buildings or recommend any dentist look at a building unless they can make at least a half million dollars.if you can buy it and some of your costs are going to be X and you can still make a half million dollars. That's a great deal because now what you're doing is you're kind of getting your dental practice expansion going along for the ride But you're also being a real estate investor And and I think we all know that the majority of the world's wealth was gained or is held In real estate and and what we're doing here really is taking a undervalued asset class office and retail In our market today and just converting it to Basically healthcare, which dental fits in that mix, which is the most highly valued real estate right now.it's no different than I think Chip and Joanne Gaines that buy a house, fix it up and sell it for more. It's just a lot easier and more lucrative in this market right now because we can buy vacant buildings for such a low price. And sell them for such a high price. Michael: So this is kind of like, I've heard of this method.It's like the BRRR method, kind of like that BRRR method where you buy, right? Like rehab, refinance. Yeah, Brady: it totally is. So Michael, we should delve into that a little bit because I'm sure people don't know the acronym. Buy rehab, rent, refinance. So that's what it is. Now, here's the big cool part about it. Okay, we buy these vacant buildings, right? Rehab, well, you're gonna put your business in there or you might go with a bunch of other businesses and do it in partnership Which is some of my favorite way of doing it more profits than that offer.Okay, rent Your practice is gonna be renting it, right? Refi. Now there used to be a trend where, hey, I'll pull that money out and I'll just stack up my debt and keep getting more and more debt. and so I used to do that and I realized that the more debt that I had, The less I felt like I could go out there and pursue entrepreneurial stuff because I had a lot of debt.You know what I mean? Yeah. so the only difference is buy rehab rent and it's yourself as part of the tenant mix your, your own tenant. And then instead of refinancing, just selling, making a bunch of money, not having debt. And now you can focus on being productive, being an entrepreneur, and not kind of stacking up your debt as you go, even though refinancing is still a option in many cases.Michael: Yeah. Yeah, you're right. Okay. So yeah, it's buy, rehab, rent, refinance, and then repeat. Brady: Yeah. Yeah. and with these, this model. Absolutely. So, so the key is you need to know how to do a startup profitably. And with Freedom Dental Partners, we are launching a course very soon on how I just in Novos and grew from zero to 8 million.One was an acquisition, but three De Novos, zero to 8 million, no PPOs, believe it or not. Wow. How to, yeah. How for to market for that, how to add partners. How to get them off the ground, you know, most people say, Oh, you'll, you'll be profitable in two years. My first month on the second location did 503, 000 with 210 grand of profit, the first month, and that was that med spa.so I'm putting a program together that folks can follow a free program just to go over how that worked. then we got a done with you component where we can have our, four recruiters where you can recruit. a junior partner, who's gonna be there, how does the marketing tie in, you know, is there an implant bent to the practice, all that good stuff, but yeah, it, it, really.The de novo or startup fits in with the real estate strategy, unless you're going to merge an older docs practice into there. Um, but I found any money that you would have spent on that acquisition. If you just spend that on marketing and you know how many patients per dollar you're spending coming in is, and especially with your techniques, Michael, to have a team that's going to Costco and going to these bricks and mortar places around town doing lunch and It's an incredible way to build grassroots around that.And once you hit, once you at least break even on that, you know, if you follow the plan really well, you, you know, profit the first month, but let's say it takes you six months to break even. Great. Now you've got an incredible asset, you made money on the front end, and now you're going and doing another one of these things and you're literally growing without SBA loans. of America, right? Without needing to be backed by private equity. And when you do sell your group, now it's just all cash to you, right? You don't have to pay off debt and then have a profit. you're growing without debt. And, and I found you grow faster and you take more risks with your growth when you got money in the bank and you don't have debt.Then it's like, Oh, I can do this. Let's try this. Hey, it's no big deal if I try that. And, and those that have the freedom to try new things, And to get kind of aggressive in business, they're the ones that usually win because they're actually trying new things. hitting a single, a double, a homerun.Oh shoot, maybe they didn't do very well on this one, but it didn't affect them. So yeah. So anyway. Michael: No. Yeah. That's interesting. And then I think that's the tricky part there Brady. It's like, cause it sounds, I mean, to me at least it sounds easy, like, okay, let's be profitable. And then we can sell, right? But I feel like a lot of, um, especially like, you know, startups and acquisitions, they kind of get stuck in there where it's like, dude, it's been one year and I haven't even broken even yet.Like, you know what I mean? Kind of thing. Brady: Yeah. So here's kind of one of the secrets with this model. I marketed 30 grand a month, three months before I opened that location where we did 503, 000 the first month. most dentists put in their budget, like instead of 3 percent for marketing, I'll do 6 percent and it just never works.So you kind of have to do a marketing blitz to do it. I had 340 or so new patients that first month it was hundreds. And we did consults before opening it and treatment scheduled. So, so the key is you have to be able to do a massive marketing budget. And most people don't want to do that using debt, they're just backpedaling them, right? It's like, oh crap, I'm putting all this money into marketing. I don't know if the marketing is going to work. So with that, I had already done a real estate project before that made a bunch of money. And then I'm like, Oh, I've got several million in the bank.I don't mind dumping 30 grand in the marketing, right? From a variety of sources, radio, TV, postcards. You know, Google AdWords, Facebook ads, funnels, all that, even a local newspaper. And I went on radio and talked and did a little, I was on a radio talk show, they gave me the radio ads. So you kind of have to do anything and everything, and that creates this massive momentum where you get all this press coming in, right?And then the statistic ends up working out, which is, 80 percent of new patients that come into a practice, 80 percent of new patients, the internal referrals come from those that have been in the practice 12 months or less. So when you do external marketing, you're automatically building your internal referrals and people don't understand.They think, Oh, this 62 year old doc that's been in town for 30 years. He's getting all the referrals, right? Cause he's been there forever. Nope. He's getting four to six new patients a month. It's the new docs who are marketing heavy that are getting the internal referrals. Cause they're, they're bringing in fresh patients, right?And so you have to understand that external marketing begets what we all want, the internal referrals. And with a great campaign like what you do, Boots on the Ground, Lunch and Learns, that's huge because you're with folks, they're talking about it, you're in local businesses. So, so that is the key to market really heavily and, and do that.But, but when you do that, you know, you can, you can literally. take care of your financial future with just the real estate profits and grow a group Debt free. Michael: Gotcha, man. Okay, that's interesting. Good. That's good to know like kind of getting that momentum started right there. one of the final questions I wanted to ask is Right throughout everything you're kind of seeing and this is just to get into the head of someone who isn't totally involved on the clinical Side of dentistry, right?What do you dislike or hate about dentistry right now? Brady: I would say there's this kind of chasm between, private equity backed DSOs and then the rest of independent dentists and dentists getting together and, um, being funded. outside private equity. So private equity back DSOs. That simply means that some corporate body and institutional investor owns the majority of that entity, which means when it recaps what it sells, the majority of those profits Go to the private equity company or the institutional investor.Very little goes to the actual dentist doing the real work on the ground. On the other side of this equation are yes, individual dentists, but also dentist groups that are funded by their own debts, by their own sources of funding, like the real estate that we talked about. And it's kind of a battle right now.what I hate is that More dentists aren't doing enough research to understand that these big private equity backed groups are not investing in real estate. In 2016, they wrote something in a private equity journal that said don't invest in real estate, but the founders of those groups have formed exclusive arrangements.And they get to invest in all the real estate. They're making a killing billions of dollars. And all of these groups that kind of watch the big groups, they're saying, oh, we'll just lease. We won't own the real estate because they don't own it, but the founder is owning the real estate. So what I don't love is that there's not a ton of information being given out.over here with the huge groups that are private equity back. And there's a lot of dentists that aren't taking the time to research how that really works. And I think that's my goal is to, yes, certainly show a couple decades of failures and successes, but to also show, cause I've, I've looked deeply inside the innards of all these DSOs.I've helped a lot of them and consulted a lot of them and worked with the main attorney group who set them up. so I think what I don't love is that chasm between the two. And I think the individual dentists, the business folks that are working with dentists, those groups that are watching the big DSOs and emulating them and just leasing space, not realizing there's a huge real estate play there.and those that don't realize, Hey, we can clump together like at Freedom Dental Partners and have a big group with a big liquidity event and benefit our futures. you know, financially, just like the big boys do. I think it's that chasm that I hate the most. And that's I think what I'm here to do is educate, show how they're doing it and then interpret how that works and make it easy so that Dennis can flourish just like those big groups.And then I think what's gonna happen is if here's the big groups and here's Dennis and smaller It's going to equalize out because now we're using all the secret tools, techniques and protocols that they are. We leveled the playing field and we actually maybe even have an edge on our side, especially with kind of some of the real estate stuff we've talked about today.Michael: All right, man. Awesome. And then any final pieces of advice that you'd like to give to our listener? Brady: Um, I would say if you're young and you're just starting out your career and you did an acquisition or a startup, you're a business person involved with a small group, look at ways of collaborating more like, uh, you know, Freedom Dental Partners, we've got hundreds of dentists around the country who are building small groups together and getting involved, Google Freedom Dental Partners, see some of the deals we've done, some of the DSOs we've bought, we've bought a number of DSOs, and uh, just get involved and look for folks that are really, uh, kind of on the, on the forefront of doing this stuff, look for folks that are partnering with others, that are sharing, and uh, I would say just, look very closely at those that are banding together because those are the groups that are forging, ahead and really competing with each other.With the big boys. unfortunately it's not the one or two or three location groups that are kind of competing as the big boys. It's, it's those one, two or three location groups or 10 location groups that are banding together, creating a formidable force to elevate through partnerships that are, that are really making a difference out there today.Okay, man, Michael: that's good. So then if anyone had any questions or concerns, where can they find you? Brady: Yeah, just go to brady at freedom dental partners. com brady at freedom dental partners. com and I can I can get to where you need to go Michael: Awesome. So guys that's going to be in the show notes below. So definitely check it out And at the same time brady, thank you so much for being with us.It's been a pleasure and we'll hear from Brady: you soon Awesome, michael. Have a great one Michael: Thank you so much for tuning into that podcast. And Brady, thank you so much for being a part of the podcast. We really appreciate you coming on and sharing your wealth of knowledge. And at the same time, if you want to ask Brady any questions, go in the show notes below or the description below, and you can click on his links and reach out to him there.Definitely check out his website and see what he has to offer you as well. Along with any of the freebies that he mentioned in the episode, you can download them in the show notes below as well. So go ahead and do that now. Have you ever thought about what your dental practice could achieve if tech headaches were a thing of the past?That's where a fantastic IT company comes in. Now think about your day at your clinic strip away any worries about server crashes or data breaches. Man, if you can do that, that'd be amazing. With Dark Horse Tech, that's your new reality. They deliver IT solutions that align perfectly with the rhythm of a busy dental practice, so your attention never strays from patient care.Now, I wanted you to ask yourself that critical question. 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Welcome to another episode of InvestorComps' Invest Anywhere From Anywhere Podcast with host, Mark 'MJ' Jackson, where you'll gain the confidence and knowledge to profit when you buy real estate. In this episode, MJ introduces Bruce Canada from Atlantic Bay Mortgage, an expert with extensive experience in the mortgage space. They delve into the intricacies of leveraging for single-family acquisitions, second homes, and investment properties, particularly within the context of the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) method.Bruce shares his journey in the mortgage industry, from wholesale lending to retail, emphasizing the importance of face-to-face interactions with clients, especially first-time homebuyers. They explore key factors for first-time homebuyers, including credit scores and down payment assistance programs.The discussion extends to FHA and conventional mortgages, credit score requirements, down payments, and mortgage insurance. Bruce emphasizes the significance of good credit and the necessity of having some financial reserves when entering the competitive real estate market. They discuss the growing gap between renters and potential buyers, highlighting the importance of timely action in real estate.MJ and Bruce also explore utilizing home equity lines of credit (HELOCs) and the potential to tap into that equity for investments. The conversation touches upon investment property criteria, the amount that can be refinanced, and how banks limit the use of rental income for qualification. They also discuss how long you might need to wait after acquiring a property before doing a cash-out refinance.In summary, this episode offers valuable insights for first-time homebuyers and real estate investors, shedding light on navigating the mortgage market, effectively leveraging equity, and maximizing returns on investment properties.

Welcome to The Rent Roll Radio Show, where Sterling Chapman engages in a captivating conversation with special guest David Abarca. David shares his journey into real estate, sparked by a friend's idea while in the Navy back in 2003. Today, he partners with others to acquire and renovate properties, primarily focusing on the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy. In this episode, they discuss the challenges of flipping in the current market and the advantages of the BRRRR approach, especially given the backdrop of higher interest rates. They also emphasize the significance of reliable contractors in keeping construction costs in check.   Outline of the episode: Successful Real Estate Partnership: Lessons Learned Managing a Growing Real Estate Portfolio Balancing Single-Family and Multifamily Investments Must-Read Real Estate Books and Quotes Pursuing Passion: Triathlons and Mountain Biking in Real Estate And so much more! ~ About David Abarca: David Abarca is a real estate investor and restaurant owner based in Denham Springs, Louisiana, United States. He owns a quaint Mexican restaurant in Denham Springs, known for its unique and cozy atmosphere. David's professional background is diverse, as he has held positions as a former Nuclear Chemistry Technician, Engineering Laboratory Technician, and Nuclear Mechanic. This blend of experiences reflects his versatility and adaptability, making him well-rounded in both his culinary and real estate ventures.   Connect with David Abarca on… Website: https://brveteranpropertybuyers.com/about.html LinkedIn: https://www.linkedin.com/in/david-abarca-47468649   Connect with your host Sterling Chapman on: Website Podcast | The Rent Roll Radio Show Facebook YouTube Twitter TikTok

The video discusses practical tips for escaping the nine to five work schedule and achieving 24/7 cash flow through real estate investments. The guest, Brian, shares his background in finance and how he transitioned from the corporate world to real estate investment. He discusses his strategy of using the BRRRR (Buy, Renovate, Rent, Refinance, Repeat) strategy to acquire properties with a developer spread, renovate them, and refinance to get all the invested money back. Brian also talks about maximizing cash flow on rental properties by flipping the kitchen to increase the number of bedrooms and utilizing Section 8 affordable housing. He shares his sources for finding cheap deals and emphasizes the importance of integrity and paying contractors on time to attract the best talent. Brian also offers a mentorship program and a "done for you" model for investors who do not have the time or expertise to invest in real estate on their own. He encourages investors to focus on delayed gratification and stay focused on their goals to achieve success in real estate investment. If you'd like to meet with Beau to talk financing, book a call here ( http://bookwithbeau.com/ )

Meet Jason Malabute, a native of Los Angeles, California, and an accomplished real estate investor, CPA, and philanthropist. Since embarking on his real estate journey in 2018, Jason has successfully applied the BRRRR (Buy, Rehab, Rent, Refinance, and Repeat) investment strategy to multiple properties, starting with three rentals in Indianapolis in 2019. He has since expanded his portfolio to include multifamily properties in the Indianapolis and Kansas City markets. Jason is an active member of the Pasadena/Glendale chapter of Multifamily Masters meetup group in Los Angeles, where he serves as a co-organizer, and a regular blog contributor for Biggerpockets and American Apartment Owners Association. Jason is a firm believer in the power of education and hard work, and he is committed to helping others achieve their financial goals through real estate investing.     Are you tired of the traditional investment options offered on Wall Street? Did you know that there are alternative ways to invest your money that can lead to financial success? In this episode, we'll be discussing the exciting world of real estate investing and how it has the potential to change your life. As industry experts, we'll share valuable insights and explore various topics related to real estate investing, including the benefits of investing in this field, networking opportunities, and the potential for building a successful career in real estate. We'll also dive into the importance of having a positive mindset and share a personal story about resilience that can inspire you to overcome obstacles in all areas of life. So, join us as we rock this episode and explore the limitless potential of real estate investing!       [00:01 - 05:31] Importance of Networking and Education in Real Estate Investing Face-to-face meetups are important to build relationships Real estate investing offers many ways to invest, such as oil and gas, ATMs, and debt funds Investing in real estate is an alternative to investing in Wall Street and can help make money work for you   [05:32 - 09:58] College Education vs. Real Estate Investing Parents are encouraging their kids to consider real estate investing as an occupation instead of going to college Personal stories shared of regretting not investing in real estate earlier and how it could have made a significant difference financially   [09:59 - 14:44] Closing Segment The importance of believing that everything happens for a reason  Listeners can visit youtube.com/@jasonmalabute and tiktok.com/@jasonmalabute to learn more about Jason and his work     Tweetable Quotes:   “That is our focus…. Providing our community, with the opportunity to not only network, but also learn from their real estate professionals.” – Jason Malabute   “Somebody's watching you…. Even when you don't think that you're doing something great.” – Jason Malabute   You can connect with Jason Malabute through his: Email: malabute.real.estate@gmail.com Social Media: LinkedIn, Instagram, Twitter, Facebook   Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention you're part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me.

Meet Jason Malabute, a native of Los Angeles, California, and an accomplished real estate investor, CPA, and philanthropist. Since embarking on his real estate journey in 2018, Jason has successfully applied the BRRRR (Buy, Rehab, Rent, Refinance, and Repeat) investment strategy to multiple properties, starting with three rentals in Indianapolis in 2019. He has since expanded his portfolio to include multifamily properties in the Indianapolis and Kansas City markets. Jason is an active member of the Pasadena/Glendale chapter of Multifamily Masters meetup group in Los Angeles, where he serves as a co-organizer, and a regular blog contributor for Biggerpockets and American Apartment Owners Association. Jason is a firm believer in the power of education and hard work, and he is committed to helping others achieve their financial goals through real estate investing.     Are you interested in real estate investing but unsure where to start? In this episode, Jason shares his invaluable experience and insights into the industry. From avoiding costly mistakes to navigating the challenges of a recession, he offers practical advice for investors of all levels. With the ongoing pandemic causing financial struggles for many, the discussion on financing debt using short-term variable rate loans and the opportunity for investors with dry powder is especially relevant. Don't miss this episode on the importance of experience and relationships in real estate investing!       [00:01 - 05:40] Why Experiences is Important Experience in both real estate and life is important for gaining trust from investors Personal lines of credit may be used to keep deals afloat during a recession, but caution should be taken with excessive use   [05:41 - 11:31] Spending Savings and Going into Debt People are spending savings and going into debt Operators are struggling with financing debt due to short term variable rate loans   [11:32 - 15:31] Closing Segment Role plays and zooming out can help ease fears about investing in real estate  Listeners can visit youtube.com/@jasonmalabute and tiktok.com/@jasonmalabute to learn more about Jason and his work     Tweetable Quotes:   “People based the decisions on previous decisions that they have made in the past.” – Jason Malabute   “People have less savings now than we did during the pandemic.” – Jason Malabute   You can connect with Jason Malabute through his: Email: malabute.real.estate@gmail.com Social Media: LinkedIn, Instagram, Twitter, Facebook   Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention you're part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me.

Meet Jason Malabute, a native of Los Angeles, California, and an accomplished real estate investor, CPA, and philanthropist. Since embarking on his real estate journey in 2018, Jason has successfully applied the BRRRR (Buy, Rehab, Rent, Refinance, and Repeat) investment strategy to multiple properties, starting with three rentals in Indianapolis in 2019. He has since expanded his portfolio to include multifamily properties in the Indianapolis and Kansas City markets. Jason is an active member of the Pasadena/Glendale chapter of Multifamily Masters meetup group in Los Angeles, where he serves as a co-organizer, and a regular blog contributor for Biggerpockets and American Apartment Owners Association. Jason is a firm believer in the power of education and hard work, and he is committed to helping others achieve their financial goals through real estate investing.     Are you feeling stuck in your real estate investment journey? In this episode, you'll hear from Jason, a successful real estate investor who shares his inspiring journey from humble beginnings to achieving financial freedom through investing in single and multi-family homes in the Midwest. But this conversation isn't just about real estate - it's also about overcoming challenges and disabilities to pursue your entrepreneurial goals. Jason and Angel discuss rare genetic conditions, special needs, and the importance of insurance coverage for specialized therapies. They highlight the power of an overcomer attitude and the value of persistence and hard work in achieving success. Whether you're a beginner or a seasoned professional, this podcast offers valuable insights into the world of real estate investing and how it can help you achieve your dreams. Tune in now and learn how to turn obstacles into opportunities!       [00:01 - 08:30] Overcoming Obstacles In Real Estate Success in real estate investing depends on overcoming challenges and never giving up Understanding business finances requires an understanding of accounting The CPA exam takes commitment and diligence to pass   [08:31 - 16:27] Overcoming Disabilities and Finding Success in Real Estate: One Accountant's Journey A recurring topic is the spirit of perseverance Although residential real estate is simpler to understand, average individuals can own multi-family properties Due to the tax advantages and cash flow, more accountants should get into real estate   [16:28 - 24:00] Closing Segment Since they are often risk-averse, accountants rarely launch their own firms Being your own boss has advantages, such as health coverage for specialized therapy Listeners can visit youtube.com/@jasonmalabute and tiktok.com/@jasonmalabute to learn more about Jason and his work     Tweetable Quotes:   “The biggest thing that real estate and entrepreneurship has given me is, it's not the money, none, that it's giving me a platform.” – Jason Malabute   “How do people trust you, especially when it comes to their money? It's by being transparent.” – Jason Malabute   You can connect with Jason Malabute through his: Email: malabute.real.estate@gmail.com Social Media: LinkedIn, Instagram, Twitter, Facebook   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306. Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/. To learn more about me, visit my LinkedIn profile, and connect with me.  

The BRRRR Method (Buy, Rehab, Rent, Refinance, Repeat) is a real estate investing strategy where you purchase an undervalued or distressed property, fix it up, rent it for some time, refinance it to purchase a second investment property, and repeat the cycle. The BRRRR Method enables investors to make money on their investments by taking advantage of the value of properties after repair. In this episode, I sit down with Cam Snyder, and she shares her first experience with the BRRRR strategy in the short-term rental space, how the BRRRR method works with the STR model, and how to determine the ARV (After Repair Value).  Additionally, she discusses how she navigated the challenges she encountered in the house flipping business and shares tips for navigating business partnerships with family members.  Tune in and learn!  Timestamps for the key highlights in the episode [02:16] Meet our guest; Cam Snyder, and know where she is located [02:52] How she got into the STR business [06:05] Challenges she encountered with contractors in the house flipping business   and how she navigated them [08:05] Cam's first experience with the BRRRR (Buy, Rehab, Rent, Refinance, Repeat)   strategy in the short-term rental space [11:07] How the BRRRR method works with the STR model [15:27] How she determines the ARV (After Repair Value) [20:41] Tips for navigating business partnerships with family members  [24:22] The current project she is working on with her brother in law  [25:55] How she navigated the stress of managing her properties [29:59] The lightning round: Where is your favorite place to vacation?   What's one place you've never been to that you want to visit?   What's one thing you know now that you wished you knew when you started out in the short-term rental business?  What's the best piece of advice you've ever been given? What's one thing and/or person that you are grateful for today?  [33:57] How to link with Cam Snyder   Notable Quotes “Look at the upside, look at the downside, and can you deal with the downside?” [32:39]      Love the show? Subscribe, Rate, Review, Like, and Share! Let's Connect! Follow Cam Snyder on; Facebook: https://www.facebook.com/CameronCastillo/ LinkedIn: https://www.linkedin.com/in/cameron-snyder-a7b99ba/ Follow Stacey St. John on; ●  Website: https://staceystjohn.com/ ●  Facebook: https://web.facebook.com/groups/911671659592801?_rdc=1&_rdr

BRRRR = Buy, Rehab, Rent, Refinance, Repeat. Sounds easy right? Well... there are plenty of opportunities for things to go wrong! In this week's TalkingREI we had a discussion with The Frugal Mogul on 3 mistakes he has made while BRRRRing. TalkingREI is a weekly Twitter Space that we do - Tuesdays at 7pm CT. Links: The Frugal Mogul on Twitter https://twitter.com/RealFrugalMogul Steadily - Insurance Built for Investors https://resilientrei.steadilypartner.com Signup for the Newsletter https://www.getrevue.co/profile/ResilientREI DealMachine (7 day free trial + 100 free skip traces or 25 free mailers): https://dealmachine.app.link/rrei Hemlane - Property Management Software for Remote Real Estate Investors https://www.hemlane.com/all-in-one-property-management?utm_source=Resilient-RE Contact / Advertising Inquiry https://resilient-rei.com/contact-advertise-inquiry/

Are you a hard worker? How do you define it? Are you learning? Are you growing? These questions helped our guest blow the roof off his portfolio and become a master of learning and taking action.    Our guest this episode is Chase Johnson! Chase first started investing in real estate in 2013. At the time it was more passive than anything. It wasn't until he and his wife decided to get their goals down on paper and write out a plan that things really started to pick up speed. A few years ago they set a goal to pick up four new rental properties that year. That goal was reached in the first quarter! It was at this time they realized they could do so much more for their future if they had an actual game plan. Since then Chase and his wife have built their real estate portfolio into something that is not slowing down any time soon.   Chase  shares a ton of valuable information sharing his experiences as a real estate investor. In this episode you'll learn about the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy, private money and hard money lenders, partnering, how to get first dibs on the best deals with wholesalers, goal setting, creating your vision, taking small actionable steps, and much more!    Don't miss the awesome story of how Chase created a win - win - win situation buying a property with tenants already in place, raising the rents $800 per month and the tenants being stoked about it!    Chase brings so much positivity and energy to this episode on top of the huge value from the tips and principles he shared!    If you want to learn from Chase, make sure to schedule a free strategy call. Link in the show links below! Also, if you want to follow Chase, check out his Instagram also linked below.    Now, go write down your goals for 2023, create a plan, and get after it!    Thanks for listening! Make sure to leave a review.    Show Links: Book a free real estate investing strategy call! No experience necessary. Check out the Real Estate Investing School Youtube Real Estate Investing School Instagram Brody's Instagram Joe's Instagram Chase's Instagram

Born in Los Angeles, California, Jason Malabute, an MBA, is a seasoned Real Estate Investor, an active Philanthropist, and a CPA (Certified Public Accountant). Despite being born with a condition called ‘Cerebral Palsy' that affects speech and muscle movement, Jason Malabute never took it as an excuse and used his disability as a motivation instead. When asked about his motivation, “I want to be a role model to kids with disabilities and kids from low-income neighborhoods of what is possible”, is what he said.Jason Malabute started his real estate journey in 2018 and studied real estate for 1 whole year before finally investing in three rentals in the very first year of 2019, in Indianapolis. After successfully following the investment strategy called BRRRR (Buy, Rehab, Rent, Refinance, and Repeat) for multiple properties, Mr. Malabute took the leap from single-family to multifamily investing under the mentorship of Sterling White. Sterling White is the founder of Sonders Investment Group and is involved with both buying and selling over 100 single family homes. Mr. White has recently scaled his portfolio to just under 500 multi family apartment units.Following the footsteps of Sterling White, today, Jason Malabute is the proud owner of Malabute Properties LLC and has recently exited out from all the single-family homes in 2021. He has now totally submerged into the multifamily investing in Indianapolis and Kansas City areas, where his prime interest remains in acquiring 6-30 unit apartment buildings.Connect with Jason Malabute:Website: http://www.jasonmalabute.com/LIKE • SHARE • JOIN • REVIEWWebsiteJoin the REI Mastermind Network on Locals!Apple PodcastsGoogle PodcastsYouTubeSpotifyStitcherDeezerFacebookTwitterInstagramSUPPORT THE SHOW!Self Managing Your Rental Properties? Get 6 months of RentRedi for $1! Click this link!Get Exclusive Content on Patreon! • https://www.patreon.com/reimastermindGet $10 and Reduce Your Business Costs by Shopping at AppSumo • https://bit.ly/reiappsumoGet $10 Towards Your First Purchase at Drop •...

Born in Los Angeles, California, Jason Malabute, an MBA, is a seasoned Real Estate Investor, an active Philanthropist, and a CPA (Certified Public Accountant). Despite being born with a condition called ‘Cerebral Palsy' that affects speech and muscle movement, Jason Malabute never took it as an excuse and used his disability as a motivation instead. When asked about his motivation, “I want to be a role model to kids with disabilities and kids from low-income neighborhoods of what is possible”, is what he said. Jason Malabute started his real estate journey in 2018 and studied real estate for 1 whole year before finally investing in three rentals in the very first year of 2019, in Indianapolis. After successfully following the investment strategy called BRRRR (Buy, Rehab, Rent, Refinance, and Repeat) for multiple properties, Mr. Malabute took the leap from single-family to multifamily investing under the mentorship of Sterling White. Sterling White is the founder of Sonders Investment Group and is involved with both buying and selling over 100 single family homes. Mr. White has recently scaled his portfolio to just under 500 multi family apartment units. Following the footsteps of Sterling White, today, Jason Malabute is the proud owner of Malabute Properties LLC and has recently exited out from all the single-family homes in 2021. He has now totally submerged into the multifamily investing in Indianapolis and Kansas City areas, where his prime interest remains in acquiring 6-30 unit apartment buildings. Connect with Jason Malabute: Website: http://www.jasonmalabute.com/ (http://www.jasonmalabute.com/) LIKE • SHARE • JOIN • REVIEW http://reimastermind.net/ (Website) https://reimastermindnetwork.locals.com/ (Join the REI Mastermind Network on Locals!) https://podcasts.apple.com/us/podcast/rei-mastermind-network-real-estate-investing-strategies/id1227366661 (Apple Podcasts) https://podcasts.google.com/feed/aHR0cDovL3JlaXJvb2tpZXMubGlic3luLmNvbS9yc3M (Google Podcasts) https://www.youtube.com/channel/UC_6OpKSfSGvgGDG1qtBQw9Q (YouTube) https://open.spotify.com/show/4P66jm0Q4PMl7OoZzHMUUZ (Spotify) https://www.stitcher.com/show/rei-rookies (Stitcher) https://www.deezer.com/us/show/2148782 (Deezer) https://www.facebook.com/REIMastermindNet (Facebook) https://twitter.com/rei_mastermind (Twitter) https://www.instagram.com/reimastermindnet/ (Instagram) SUPPORT THE SHOW! Self Managing Your Rental Properties? https://app.rentredi.com/signUp/JCH191 (Get 6 months of RentRedi for $1! Click this link!) https://www.patreon.com/reimastermind (Get Exclusive Content on Patreon! • https://www.patreon.com/reimastermind) https://bit.ly/reiappsumo (Get $10 and Reduce Your Business Costs by Shopping at AppSumo • https://bit.ly/reiappsumo) https://drop.com/?referer=3DC729 (Get $10 Towards Your First Purchase at Drop • https://drop.com/?referer=3DC729) "You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack

This week we had the pleasure of interviewing 24 year old real estate investor Giovanni Lisi aka @thebrrrrkid. Giovanni got his start in real estate at age 19 when he got his real estate license while in college. He was able to help pay for his own tuition by selling houses and eventually transitioning into an investor.It should go without saying, but the primary strategy he uses is the BRRRR strategy. For those who don't know that is when an investor buys a property, rehabs the property, rents it, and refinances to get as much of their initial invested capital back out of the property. From there, they then repeat the process on other deals. BRRRR = Buy, Renovate, Rent, Refinance, Repeat.Giovanni has built an incredible team and system that has allowed him to scale to a portfolio of 30 units before he turns 25. Oh and did we mention he also has a property management company where he helps managed a portfolio of over 250 units? Yeah, the BRRRR kid has it going on. This is an episode you definitely don't want to miss!

This week I'm so excited to bring you Grace and Amelia to share their real estate investing stories. Amelia and Grace host the Women Invest in Real Estate (WIIRE) community where they support female business women in their investment journeys. Key Takeaways: Amelia flipped her first house with her parents in 2019 and loved it. She wanted to keep going to replace her full time income with passive real estate investing. Grace's boyfriend flipped his first house when they were still in college and she caught the investing bug. They recommend the BRRRR (Buy, rehab, rent, refinance, repeat) method to get started. With 20% down you can purchase your first property and use the proceeds to fund your next project. Their portfolio includes 50 doors of long term, short term, and mid term rentals. They love mid-term rentals that offer the higher income of short term without the hard work of quick turnaround. These properties are great for traveling nurses, trades, and business people. They say to avoid analysis paralysis, “research enough to be dangerous” but then get started! You will learn more in your first project than you ever could in a book! If you're not a handy person, get a property that needs only cosmetic work. Overestimate costs, especially with your first project, by as much as 20%. How to find properties in this crazy market? Grace and Amelia find properties through social media, Craigslist, and advertisements. Grace offers a $1000 lead to people who refer a property that leads to a sale. They say to keep good books. Real estate is a numbers game. It's okay to love it, but it is important to get down to the numbers of: Is this a good investment? Yes or no. Both are passionate about personal finance and say to manage your own money first. They struggle to give quick tips or basic ideas because they learn something new every day! It is a tough industry, but very rewarding. “If It were easy, everyone would do it, and there wouldn't be money to be made in real estate!” To attract good tenants they provide good properties. They train them to act how they work. For example, keeping boundaries on when to return a call. They recommend the Bigger Pockets podcasts and books for all things real estate and like Jenna Kutcher's work too. Grace and Amelia have their own podcast too! Women Invest in Real Estate Connect with Grace on Instagram at grace.investing and Amelia at ameliajorei The WIIRE community is on Instagram at wire.community This week I'm so excited to bring you Grace and Amelia to share their real estate investing stories. Amelia and Grace host the Women Invest in Real Estate (WIIRE) community where they support female business women in their investment journeys. Key Takeaways: Amelia flipped her first house with her parents in 2019 and loved it. She wanted to keep going to replace her full time income with passive real estate investing. Grace's boyfriend flipped his first house when they were still in college and she caught the investing bug. They recommend the BRRRR (Buy, rehab, rent, refinance, repeat) method to get started. With 20% down you can purchase your first property and use the proceeds to fund your next project. Their portfolio includes 50 doors of long term, short term, and mid term rentals. They love mid-term rentals that offer the higher income of short term without the hard work of quick turnaround. These properties are great for traveling nurses, trades, and business people. They say to avoid analysis paralysis, “research enough to be dangerous” but then get started! You will learn more in your first project than you ever could in a book! If you're not a handy person, get a property that needs only cosmetic work. Overestimate costs, especially with your first project, by as much as 20%. How to find properties in this crazy market? Grace and Amelia find properties through social media, Craigslist, and advertisements. Grace offers a $1000 lead to people who refer a property that leads to a sale. They say to keep good books. Real estate is a numbers game. It's okay to love it, but it is important to get down to the numbers of: Is this a good investment? Yes or no. Both are passionate about personal finance and say to manage your own money first. They struggle to give quick tips or basic ideas because they learn something new every day! It is a tough industry, but very rewarding. “If It were easy, everyone would do it, and there wouldn't be money to be made in real estate!” To attract good tenants they provide good properties. They train them to act how they work. For example, keeping boundaries on when to return a call. They recommend the Bigger Pockets podcasts and books for all things real estate and like Jenna Kutcher's work too. Grace and Amelia have their own podcast too! Women Invest in Real Estate Connect with Grace on Instagram at grace.investing and Amelia at ameliajorei The WIIRE community is on Instagram at wire.community

Before real estate, Brian was into basketball back in Philadelphia during the Allen Iverson era. Brian was 6'5” by the age of 13, so that was a natural place for him to excel and he was nationally ranked. He even played against LeBron James in his first high school game. Brian built a strong work ethic in sports, and transferred that ethic into financial planning and asset management right out of college. Brian had good mentors along the way in his career. He was his own boss, at 100% commission with no salary–so this made him fearless. He knew putting in the energy in his career would drive returns. He also worked at a startup and learned much about what is behind a company, how they work and what is needed. These experiences helped prepare him to build his own real estate business.  Brain's best friend got into real estate, and had a few Section 8 properties at the time. It was through this friendship that Brian got into rehabbing Class C neighborhoods through real estate investing, and he grew his investments further. The BRRRR (Buy, Rehab, Rent, Refinance, Repeat) Method is a real estate investment strategy where an investor flips distressed properties and then refinances them in order to purchase additional properties. He then got into developing coliving properties where he developed affordable living solutions for tenants that did not require Section 8 involvement.  Coliving as a solution for affordable housing during the Shift Coliving properties may take many forms, such as a redesign of traditional single family homes to accommodate non-related families with shared areas–often enabling increased cash-flow by increasing the number of tenants in the space. But there is an important education piece as well–teaching investors how to choose tenants that might live well in a coliving space. This may require soft human skills to determine the best solutions for the tenants. But the payoff is worth it, and often the tenants stay longer than traditional affordable housing options. Brian says the sweet spot for coliving is undercutting the studio and one-bedroom apartments. The coliving option can be offered for hundreds of dollars less, but the quality in the renovation is high so it draws the tenants. Contact Brian by email at brian@247cashflowuniversity.com. Visit the 24/7 Cash Flow University website and the 24/7 Cash Flow University Facebook page. Stop by WorkwithGrimes.com to sign up for free training, and visit Brian's LinkedIn profile to learn more. Follow David at @daviddmorse on Instagram and Joe at @joe.quattrucci. Join David & Joe at Keller Williams Arizona Realty, where productive agents redefine their business. Reach out by DM, email at davidmorse@kw.com or directly at 480-767-3000.

BRRRR (Buy, Rehab, Rent, Refinance, Repeat) method is what enables our guest, Clay Hepler, to flip and wholesale his assets amounting to over $200 Million. Join us as Clay shares specific techniques on how to woo your lenders, what are the sweet spots for multifamily real estate investors, and how to outstand your deals in the current competitive market. Tune in now and listen to our conversation! Remember, this is your MBA. Have a notepad handy, and get ready to take some notes!Key Points from This Episode: Clay Hepler tells how he started investing in the Real Estate  How buying house hack helped Clay drive through success. What is the BRRRR method? Where is the sweet spot of investors in larger multifamily properties? Clay explains why, for him, it is better to invest in multifamily properties instead of single-family properties. How many units does Clay look for when it comes to small multifamily properties? Clay shares tips on how to get past the lender's requirements. How did Clay manage to get one deal done to build credibility. Clay's strategies to find market deals in today's competitive market. How did Clay manage to stand out in the competition to get contractors. The buildings' age that Clay prefers for their amenities. Tweetables:“You need to find a way to capture equity because equity allows you to build wealth.” – Clay Hepler“It's really about finding people, relationships, lenders, contractors, sellers, and just working that funnel constantly..” – Clay Hepler“We need to find the right lenders with the right debt terms to fit our business model..” – Jeremy Moyer Links Mentioned:Bigger Pockets Podcast WebsiteClay Hepler's InstagramClay Hepler's TwitterClay Hepler's FacebookClay Hepler's LinkedInAbout Clay HeplerClay is a multifamily investor, educator, and cash flow specialist. He is the Principal at a boutique investment real estate firm, Hepler Acquisitions.  Hepler Acquisitions focuses on purchasing value-add real estate properties and increasing their worth through diligent construction management and adding visionary yet functional design schemes to provide sanctuaries for their residents.  Clay has purchased over $6,000,000 of multifamily real estate in the Greater Pittsburgh area over the past 24 months using a combination of his own capital and private capital.

In this episode, our host, Pepe, simplifies the Brrrr (Buy, Rehab, Rent, Refinance, Repeat) strategy for beginner investors. He goes through the advantages and disadvantages of the strategy, and what beginners should be aware of before they dive in.

Oggie Penev is the owner of ProEx Realty Management and an associate broker with Exp Realty.  He was Rookie of the year in his first year in the business and has sold nearly 100 million to date. He has personally overseen the management and disposition of over 350 corporate-owned assets. Oggie has been ranked in the TOP 1% in the Phoenix market. Tune in today and learn what true property management should offer and how to build a massive passive portfolio with Oggie Penev.   Key Takeaways:  1:36 Who is Oggie Penev prior to real estate.  9:12 Story revealed how Oggie got started with Property Management. 12:13 Door Knocking success tips 17:51 Transition from working with the bank to the property management company.  23:28  Pivot in  funding your buy and hold - tips inside   23:57 Fixed and Flip is a job - explained! 25:29 Tips on the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) Method. 27:55  Process explained the purchase money loan.  31:30 Creative financing strategies. 36:21  3 Things  you need to master to be “Bankable” 37:10 About ProEx Realty Management 43:50  Details on the most awaited class- “How To Buy Real Estate, Make Millions and Never Pay Taxes” 44:46  Connect with Oggie Penev   ---- The Arizona Real Estate Investors Association provides its members the education, market information, support, and networking opportunities that will further the member's ability to successfully invest in Real Estate. Join AZREIA here.   Is a Career in Real Estate Right For You? Take AZREIA's Real Estate Investing Entrepreneurial Self Assessment at  

Guest: Sarah LarbiHow do they do it? Most of what you see is the tip of the iceberg in someones real estate investing journey.  Sarah takes you below the surface and shares how in just a few years, she has gone from not knowing anything about Real Estate Investing to becoming one of the most inspirational success stories. With focus, grit, and determination she's gone from her first project, to numerous BRRRR (Buy, Renovate, Rent, Refinance, Repeat) for single and duplex income properties, short and medium-term rentals, building townhomes (that sold out in six minutes), and now building an exclusive upscale lakeside resort. Through her Real Estate Investing, Sarah was able to retire from her 9-5 career after seven years. Here, she shares her story and the fundamentals that have allowed her to scale as quickly as she has. In this episode you will learn about: Insights and fundamentals of how to expand and scale your portfolioThe importance of, and what to look for, when building the right teamDue diligence in choosing a property and pitfalls to avoidDifferent options are available for financing a larger projectGrassroots of ZoningThe steps needed to take you from vision to welcoming your first guests - and beyondInspire Beach Resort - a unique resort experience Get in touch with Sarah Larbi:Website:  https://sarahlarbi.com/Email:  sarah@sarahlarbi.com Sarah, one of The REITE Club co-founders, is a speaker, coach, and mentor as well as host of two top-ranking Canadian Real Estate Investing podcasts (Where Should I Invest? And our very own The REITE Club Podcast). Sarah's results-oriented approach has been featured in The Globe & Mail, Toronto Star, Canadian Real Estate Wealth magazine, and 1010 News Talk Radio and is a co-host on the weekly television show, Everyday Investor.  This episode has been brought to you in part byInspire Resort Retreat  - https://liverealfactory.com/event/have-your-cake-and-eat-it-too-retreat/Elevation Realty - http://www.elevationrealty.ca/BM Select - https://bmselect.ca/ The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! www.buildingstack.com

In this episode of Cash Flow Pro, we talk with Adrian Pannozzo, Founder of Executive Properties Capital. Ten years into his career as a police officer, Adrian began to investigate his pension and how he could maintain the lifestyle he wanted even after he left the force. After thorough research, he decided the answer to that question was cash flow. Adrian is here today to impart his wisdom to us.    Executive Properties Capital is a joint venture business that strives to make real estate investing easy and rewarding. Their focus is to help individuals grow their portfolios and achieve financial freedom.      In this episode, we discuss: The BRRRR (Buy, Rehab, Rent, Refinance, Repeat) Method  Working with investors and  Long-term real estate investments and going off-market   Tune in if you are interested in learning more about cash flow!   Find your flow,  Casey Brown   Resources mentioned in this podcast: https://www.investwithepc.com/ https://www.linkedin.com/in/adrian-pannozzo-8098b8a9/?originalSubdomain=ca

Scared of investing in a property you've never seen before? In today's episode, active duty Navy officer and real estate investor Doug Spence shares some best practices in real estate investing to make sure you're investing where the money makes sense – whether you've seen the property or not. Doug walks us through this interesting concept of creating your own deal funnel for sourcing off-market leads as well as creating opportunities, not just for you but for others, through the art of connecting people. In this conversation, Doug shares his experience in turnkey investing and why he decided to jump over to the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) method, along with some valuable insights that he took with him along the way! Here are some power takeaways from today's conversation: [01:23] Doug's career and real estate background [05:15] The idea of designing your lifestyle [07:00] Doug's rental income that doubled his mortgage payment [08:28] Turnkey investing vs. the BRRRR method [15:23] Creating a deal funnel to source off-market leads [18:37] Key terms defined: BRRRR and turnkey [19:40] Finding opportunities for general partnership [20:25] The power of connecting people [26:16] Doug's horizontal income and other alternative investments [31:30] Doug's diet, exercise routine and happiness index [36:31] Giving back to the community Notable quotes from the Episode: “Evaluating the people, not necessarily the deal, is huge for turnkey.” “If you're going to be a connector, you have to connect without any expectation of receiving something.” "I have the systems and processes in place to where it's less hands-on for me so that I can focus more on the next phase of syndications." Resources Mentioned: Long-Distance Real Estate Investing by David M. Greene https://www.amazon.com/Long-Distance-Real-Estate-Investing-State/dp/0997584750 BiggerPockets Podcast: https://www.biggerpockets.com/podcast Connecting with the Guest Website: https://honorandequity.com/ Instagram: https://www.instagram.com/honorandequity/?hl=en Email: admin@honorandequity.com Connect with our growing community: Gobundance: https://www.gobundance.com/ Apply: https://www.gobundance.com/membership Facebook: https://www.facebook.com/gobundance LinkedIn: https://www.linkedin.com/company/gobundancegbl/ YouTube: https://www.youtube.com/user/GoBundance Twitter: https://twitter.com/GoBundance Tiktok: https://www.tiktok.com/@tribeofmillionaires Not a millionaire yet but want to be a part of our ecosystem? Check out EMERGE by GoBundance. Enroll today! https://www.gobundance.com/emerge Interested in starting your own podcast or handing off your production to a qualified team? Email erik@onairbrands.com to learn how we're making the world better, one mic at a time.

Our first guest of season 2, is Adam Craig, a real estate investor based out of Cleveland, OH. After earning a B.A. in finance from Kent State University, Adam began to peruse his passion for real estate investing. Since 2013, Adam has closed more than 70 deals and accumulated a rental portfolio topping 8 million dollars in residential and commercial real estate. In this episode, Adam shares his experiences utilizing the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy to expand his RE portfolio and lessons he's learned in his nine and a half years as an investor. Follow Adam on Instagram: @adamtheinvestor Follow us on Instagram: @MoneyCuriousPodcast

Have you heard about BRRRR (Buy, Rehab, Rent, Refinance, Repeat) Method? If you're a real estate investor, you may be considering this type of strategy. Join JD and Melissa as they speak to Josh Wilson about how the BRRRR method works, its pros and cons, and if it's the correct method for your financial or real estate investing goals. Stay tuned!   Here's what to expect on the podcast: Is the BRRRR method worth it? What is BRRRR Method, and how does it works in real estate? What are the pros and cons of the BRRRR strategy? How do you begin with the BRRRR investment strategy? How to use the BRRRR Method to build passive income in real estate? And much more!   About Josh: Josh Wilson has grown his real estate portfolio into multi-millions and is also most known for his training on creating generational wealth on steroids. He is passionate about helping men, women, and families move out of dependence strictly on ‘transactional' income, and instead, he allows them to jump-start their way to Passive Income.   Connect with Josh Wilson! Website: http://www.brrrrbootcamp.com/ Facebook: https://www.facebook.com/therealjoshwilson/   Connect with JD and Melissa! Website: https://therealestatejam.com/  Facebook: https://www.facebook.com/therealestatejam/  Instagram: https://www.instagram.com/therealestatejam/  YouTube: https://www.youtube.com/channel/UCa_CWAV1OvH81yp6fITB4lg Shorefront Investments: https://shorefront-investments.com/  Email: therealestatejam@gmail.com  

In this episode of the Real Estate Power Play Podcast, hosted by Ronald Walker, Marty Grizzanti, and Gabe Rodarte, Mark started the episode by introducing what a Lease Option is and how he used one when he first began investing in real estate. Marty discussed the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy and why buying rentals is the easiest way to get started in the real estate industry.In addition, the Real Estate Power Play Podcast, presented by Ronald Walker, Marty Grizzanti, and Gabe Rodarte, explored what a cash-on-cash is, how to use OPM (Other People's Money) when analyzing the rent, and how OPM affects cash-on-cash. Ronnie proceeded to explain how important it is to make connections with wholesalers, why it is a win-win situation, and how it can help you find better deals.In this episode of the Real Estate Power Play Podcast, hosted by Ronald Walker, Marty Grizzanti, and Gabe Rodarte, Listening to sellers and understanding their wants is what you should be looking for. Ronnie discussed securing OPM, including the various methods and strategies to utilize while securing their money through a mortgage on the property you're purchasing. Marty wrapped up the podcast by explaining how he finds rentals, the steps he takes, and what it's like to analyze deals.On this episode of the Real Estate Power Play Podcast with Ronald Walker, Marty Grizzanti  and Gabe Rodarte  talked about: Lease Options Analyzing DealsBRRRR (Buy, Rehab, Rent, Refinance, Repeat) Starting point when finding deals What is Cash-on-cashUsing OPM (Other People's Money Analyzing Wholesale deals Seller Finance  Connect with Real Estate Power Play Podcast Hosts: Facebook: https://bit.ly/3mMZcAi Mark Monroe: https://linktr.ee/markmonroeRonald Walker: https://linktr.ee/RonniewalkerMarty Grizzanti: http://linktr.ee/MgrizzantiGabe Rodarte: https://linktr.ee/gaberodarte

Don't forget to subscribe, leave a rating and a 5-star review. I will be shouting out all 5-star reviews on the show!This episode with Tarik McAllister was inspiring! Tarik got his early exposure to real estate as a kid while working with his dad, who was a general contractor. At a young age, he knew that he wanted to be a real estate investor. He worked and saved as much as he could during college which enabled him to buy his first property in cash. He continued buying in cash for his first few years until he learned how to use leverage.The turning point for Tarik came when he learned about the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy. He refinanced the first property he ever purchased, used the money to buy more properties and kept repeating. He also learned how to use hard money and private lending which helped him scale even faster. Eventually, Tarik was able to leave his job as a teacher in 2017 to focus on investing full-time. In this episode, we talk about using hard money lenders, scaling your portfolio, future plans and more. Highlights1) Start with what you know. If buying cash is what you know, go for it. If getting a mortgage is what you know, go for it. Just start and learn more strategies over time.2) When you get a piece of information, make sure you execute. Don't spend too much time thinking about it. You'll get better as you go. 3) If you're taking private money or hard money, it's important to make sure you complete your project on time. You should also have some built in cushion in your budget in case things don't go as plannedHow to find himIG- @reekestate Learn how to invest out of state- https://www.outofstatemoney.com/ Access all of our resources on our website- https://www.blackrealestatedialogue.com/linksJoin the B.R.E.D. Investing Community for $1- https://www.outofstatemoney.com/community-sales-page-1Download my free guide Top 5 Down Payment Assistance Programs- https://bit.ly/dpassistance1

How To BRRRR [Buy Renovate Rent Refinance Repeat] What does BRRRR mean? 1. Buy 2. Renovate 3. Rent 4. Refinance 5. Repeat BRRRR stands for “Buy, Rehab, Rent, Refinance, Repeat.” This real estate investment strategy involves rehabbing run-down homes, renting them out, and then using home equity from the rental to buy your next property. Many investors have found that following the BRRRR method allows them to build a small empire of rental homes, a continuing passive income, and a net worth that grows over the years. In this episode we talk about the fundamentals of the Finance piece of the BRRRR method.

Using the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) Method to get infinity returns.  The House of AC is proudly sponsored by Jasmine Mortgage Team Topics: -The BRRRR (Buy, Rehab, Rent, Refinance, Repeat) Method -Real Estate Resources and How to Get Started -Brandon Turner's Favorite Books for Real Estate  -What is the BRRRR Method? -BRRRR Method Example -Making Money with BRRRR Method The House of AC Host, AC, Alan Corey: Check out Alan's book, House FIRE, to blow your mind on how the real estate investing FIRE method ('financial independence, retire early') can change your life.  -Twitter: https://twitter.com/thehouseofAC -Instagram: https://www.instagram.com/thehouseofac/   -Tiktok: https://www.tiktok.com/@thehouseofac -Linktree: https://linktr.ee/thehouseofac  

In this episode Dan "The Man" Turkel shares with us how to get infinite returns with investing in real estate using the "BRRRR (Buy, Rehab, Rent, Refinance, Repeat)" method. Connect with Dan Turkel: Facebook - https://www.facebook.com/daniel.turkel Real Estate - http://danturkel.kw.com/ The Growth Circle Facebook Page: https://www.facebook.com/thegrowthcirclepodcast ✅ Recommended Books: ✔️ Hustle Then Repeat - https://amzn.to/3qBLd2r ✔️ Slight Edge - https://amzn.to/3DbLNrf ✔️ Power of Habit - https://amzn.to/2YEUnj5 ✔️ The Compound Effect - https://amzn.to/3CaoPzw ✔️ The Miracle Morning - https://amzn.to/3FcgtZX ✅ Products I use: ✔️Panda Planner - https://amzn.to/3x4ZkNN ✔️Yeti Mic - https://amzn.to/2RyJnAi ✅ Checkout Jake's YouTube Channel - https://www.youtube.com/channel/UCDP94h2b4BGL5ZgMVW_lKDg ✅ Let's connect: Jake Ingledue: TikTok - https://www.tiktok.com/@jake.ingledue Instagram - https://www.instagram.com/jakeingledue/ John Mitchell: Facebook - https://www.facebook.com/profile.php?id=100003247862214 Instagram - https://www.instagram.com/johnn_the_builder/ --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/thegrowthcircle/support

On this week's episode, Kevin interviews ADPI Operation ATOM Member and 14 Year Navy Veteran Meagan Klein. Megan discusses how she came upon some amazing deals – including a duplex and the perfect BRRRR (Buy, Renovate, Rent, Refinance, Repeat). Listen up to find out how you can build something great with your real estate investing!"In the future, if you really want to grow into large real estate deals, you have to partner. Unless you've got like a million sitting in the bank – you have to start partnering up with people, so it's better to build those relationships now."-Meagan KleinHere are 5 Key Takeaways from this episode:Leveraging Your TimeHow Real Estate is a Team SportMegan's Duplex Deal BreakdownThe Perfect BRRRRUsing Hard Money Lending to Accomplish your Investing GoalsConnect with MeaganActive Duty Passive Income Facebook GroupReady to take the next steps in your Military Real Estate Investing journey? Watch our Masterclass and claim your EPIC reward for action. Tap here to register today!Are you looking for a loan for your next project? Look no further! Check out ADPI Financial Services for all of your residential and commercial lending needs!No Time...No Worries! Get all the info you need now by texting DEAL to 33777Get your 13-Week Action Journal using this special offer just for our faithful podcast listeners! Helpful ResourcesConnect with the ADPI: Facebook |  Instagram | YouTubeReady to TAKE ACTION and begin building your cash-flowing real estate empire? Don't go it alone! Check out our exclusive education and coaching products designed for self-starters like the Military Real Estate Investing Academy Thinking bigger? ADPI's exclusive Military Multifamily Academy and Mastermind Waitlist is open now! Sign up to reserve your slot in the most comprehensive, affordable, and educational multifamily real estate course on the web! Please Subscribe, Rate, & Review on Apple PodcastsThanks for tuning in to this week's episode of the Active Duty Passive Income Podcast! If the information shared in these weekly interviews has inspired you to pursue your dreams of financial independence, please do me a personal favor and head over to Apple Podcasts, subscribe to our show, and leave us a 5-star review.Support the show (https://www.patreon.com/adpi)

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In this episode, Martin Perdomo "The Elite Strategist" interviews Carla Moreno. Born and raised in Mexico, she has been involved in flipping, investing, and is now offering a Master Class of her own about getting into Real Estate Investing and discussing BRRRR (Buy, Rehab, Rent, Refi, Repeat). Now she is about to share her story and experiences on how she chose to become a real estate investor over being a medical doctor.  Carla MorenoTo Reach Martin Perdomo "The Elite Strategist"martin@premierridgecapital.comConnect with Martin on The Elite StrategistIf you want to learn more on how to invest passively in Multifamily Real Estate visit our website:  https://stroudsburgrei.com/partners/Connect with us on social media:Instagram: https://www.instagram.com/elitestrategist/Facebook: https://www.facebook.com/theelitestrategistCheck out our online course and learn How to wholesale Real Estate @ https://real-estate-investing15.teachable.com/p/real-estate-beginner-dealsCheck our Real Estate Investors Club meet-up Website: https://stroudsburgrei.comGet our Free Habit Register by texting the word  STRATEGIES to 33222

Are you flipping a house or taking on a project using the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) Method? According to your host Andresa Guidelli, there are several things that you need to consider in order to do this successfully. In today's minisode, Andresa shares her top 4 tips for running successful and profitable projects. First and foremost, vetting your contractors is essential. In today's hot market, it is crucial to build and maintain relationships with contractors at all times, not just when you need work completed. Once you have decided which contractors you intend to work with, make sure that you have the proper documentation including: scope of work, finishes list, scheduling, and a payment plan. Completing a project successfully doesn't just require reliable contractors; it includes you, too! It is vital that you manage your projects thoroughly. Andresa reminds listeners that this is a learning process. Reflect on your past mistakes and use them to inform and increase your future earning potential. Tune into this week's minisode to learn more about how your projects can yield profit!  Quotes • “It's always been important to build relationships with general contractors at all times, not just when you need it.” (03:04- 03:12)  • “Meet the contractors at their job sites, not yours. Because at their job site you will know exactly how they will run your project.” (03:39- 03:49) • “You or somebody on the team needs to be able to manage the project. Do not expect your general contractor to manage the project for you, it can only be you. You are the owner so you need to take responsibility.” (09:05-09:20)  • “Learn your lessons, otherwise they are going to come back.” (10:38-10:41)  • “All experiences are lessons. There is no such thing as failure or bad or good, it's all lessons and it is up to you to learn it.” (10:58- 11:06)  How To Join the InvestHER Movement   1) The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves.  • Subscribe via Itunes  • Subscribe via Android   • Subscribe via Stitcher  2) The Real Estate InvestHER Membership  Our Membership focus on three pillars: Real Estate Investing, Business Strategies, and Self-Care. We provide a financial freedom road map for women to create steady recurring income to live life on their own terms. Start today with our FREE membership level.  3) InvestHER Community on Facebook  We have thousand of members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals!    4) InvestHER Meetups Around the Globe  We have Investher Meetup members attending in-person meetings across the country and Canada. Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE!    5) InvestHER™ eXp Team Our mission is to empower women in Real Estate to live a financially free and balanced life, and we are extending our support for Real Estate agents worldwide.   We have created exclusive content and support for the InvestHER™ eXp Team: *Top skills and strategies to grow YOUR business *How to utilize your “real estate agent” advantage to become a real estate investor *Monthly live masterminds *Become part of Libertas Organization with top coaches, Tim and Julie Harris.   Jonna Hall Weber is leading our team. If you have any questions or are ready to join our team, click here to schedule a call with her.    Follow us on:  Facebook: @therealestateinvesther  Instagram: @therealestateinvesther Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you flipping a house or taking on a project using the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) Method? According to your host Andresa Guidelli, there are several things that you need to consider in order to do this successfully. In today's minisode, Andresa shares her top 4 tips for running successful and profitable projects.First and foremost, vetting your contractors is essential. In today's hot market, it is crucial to build and maintain relationships with contractors at all times, not just when you need work completed. Once you have decided which contractors you intend to work with, make sure that you have the proper documentation including: scope of work, finishes list, scheduling, and a payment plan.Completing a project successfully doesn't just require reliable contractors; it includes you, too! It is vital that you manage your projects thoroughly. Andresa reminds listeners that this is a learning process. Reflect on your past mistakes and use them to inform and increase your future earning potential.Tune into this week's minisode to learn more about how your projects can yield profit! Quotes• “It's always been important to build relationships with general contractors at all times, not just when you need it.” (03:04- 03:12) • “Meet the contractors at their job sites, not yours. Because at their job site you will know exactly how they will run your project.” (03:39- 03:49)• “You or somebody on the team needs to be able to manage the project. Do not expect your general contractor to manage the project for you, it can only be you. You are the owner so you need to take responsibility.” (09:05-09:20) • “Learn your lessons, otherwise they are going to come back.” (10:38-10:41) • “All experiences are lessons. There is no such thing as failure or bad or good, it's all lessons and it is up to you to learn it.” (10:58- 11:06) How To Join the InvestHER Movement  1) The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves. • Subscribe via Itunes • Subscribe via Android • Subscribe via Stitcher 2) The Real Estate InvestHER Membership Our Membership focus on three pillars: Real Estate Investing, Business Strategies, and Self-Care. We provide a financial freedom road map for women to create steady recurring income to live life on their own terms. Start today with our FREE membership level. 3) InvestHER Community on Facebook We have thousand of members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals! 4) InvestHER Meetups Around the Globe We have Investher Meetup members attending in person meetings across the country and Canada. Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE! 5) InvestHER™ eXp TeamOur mission is to empower women in Real Estate to live a financially free and balanced life, and we are extending our support for Real Estate agents worldwide. We have created exclusive content and support for the InvestHER™ eXp Team:*Top skills and strategies to grow YOUR business*How to utilize your “real estate agent” advantage to become a real estate investor*Monthly live masterminds*Become part of Libertas Organization with top coaches, Tim and Julie Harris. Jonna Hall Weber is leading our team. If you have any questions or are ready to join our team, click here to schedule a call with her. Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvestherSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

⏯️ In this episode of the Investor Financing Podcast, we talk about financing your value-add multifamily deals with bridge loan debt.

Marcus Maloney is a Value Investor and portfolio holder of residential and commercial units with a track record of over 3.3 million in wholesale transactions in multiple states. His remarkable skill of finding real estate opportunities with immense amounts of equity has caused him to be known as the Equity King in the real estate world.He is an active member of the National Association of Realtors (NAR) and the Phoenix Association of Realtors (PAR). Currently, Marcus wholesales properties virtually in various states, which allows him more time to diversify his already extensive investment portfolio through the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy without spending any money out of his pocket. He not only buys and sells; he has purchased and converted several properties into cash flowing rentals. Presently, Marcus holds seven (7) rentals, 2 of which are commercial units. Adding to the splendor of his skill set, he's also gone and done the imaginable—purchased a school! He then converted it to a daycare center.Though Marcus enjoys his successes and the opportunities that come from his fame of turning a marginal profit into a significant equity situation, he had been a high school and college dropout before taking charge of his life. He went from a high school dropout to securing his GED ahead of his classmates, then completing his MBA in 2011 from Olivet Nazarene University. His education and his humble upbringing on 59 acres of farmland form the foundations of his investment philosophy.Listen in as they discuss:Marcus's journey into real estate and what his life is like at present.  How to recognize the value in your purchases when no one else does.  The factors that will increase the equity of your properties.  How to convert low equity properties into high equity assets?Planning ahead to secure the best ROI on all your purchases.How to discover great deals in the most unlikely places?The importance of forming great rapport through marketing to build an impressive clientele.  And, more!Real estate is a relationship game. You have to be constantly following up. ~Marcus MaloneyTIP OF THE WEEKMark: My tip of the week is to learn more about Marcus Maloney at marcusemaloney.com and check out his podcast.Marcus: My tip is I just want to make sure that everyone is feeding themselves with the right information and what I mean by that is make sure you reframe or frame your day by having a daily routine. Make sure you're feeding yourself something positive (like praying and meditating) in the morning and get ready to attack those negative outcomes that may comeIsn't it time to create passive income so you can work where you want, when you want and with whomever you want?

Antoine Martel is a 25-year-old real estate investor from Toronto, Canada. While still in college Antoine learned about real estate investing and knew it was his calling. From his dorm room, he completed his first BRRRR(Buy, Rehab, Rent, Refinance, Repeat)  He did this project out of state with his father's $40,000. Since then Antoine and his family have completed over 200 real estate projects and currently have a $14M real estate portfolio. They have also helped create $50,000/mo of cash flow for their clients of MartelTurnkey.com.He bought his first property in Memphis virtually after making 250 phone calls to realtors, property managers and then found his dream team of the realtor, contractor, and property manager. Through this great partnership, he was able to continue to grow his business without relocatingTo research the market he recommends  bls.gov, the Census Bureau, Forbes, looking at who the major employers are, the diversity of that workforce, population growth, job growth, all these different kinds of things that you look at, to choose the market in a macro sense. For the microdata he looks at owner-occupancy rates, the rent to value ratios, the crime rates, and so kind of a lot of research. If, if a market doesn't make sense on the macro, it's not going to  make sense for on  the micro sideFrom the experience he shared -calculated risk backed by data, along with networking and being persistent were the reasons for his successAntoine is also very popular on Instagram because of his engaging content and is an inspiration to all the young folks getting out of college to start a business in Real estateHe recommends that the  real estate path and strategy you decide to go with should be based  on your resources than just trying to follow someoneThe earlier you start in real estate the better, start building up your real estate portfolio wherever you are right now 

This episode we talk about BRRR which stands for Buy, Renovate, Rent, & Repeat. We break down this strategy that is commonly heard about in real estate investing. Our goal is to give you a basic understanding of how it works and hopefully you can take away some tips & tricks! Check out our website www.thrivemortgage.ca Find us on social media @thrivemortgageco --- Send in a voice message: https://anchor.fm/yvrremoshow/message

In the Golden Nugget series, we focus on providing a quick breakdown of fundamental concepts in real estate, mindset and personal finances that are critical for those looking to start off or propel their real estate investing journey. In today's episode, Austin discusses the infamous BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy that he and many other investors used to scale their real estate portfolio quickly. Austin breaks down the first letter BRRRR strategy- “Buy”. Make sure to like, comment, share and subscribe for more content!    Follow RISE Network on Instagram: https://www.instagram.com/risenetworkevent/ Follow Mayu Thava on Instagram: https://www.instagram.com/mayu.thava/ Follow Austin Yeh on Instagram: https://www.instagram.com/austinyeh6/ Join our Facebook Community to keep up to date on events: https://www.facebook.com/groups/risenetworkevent Visit our Website: https://risenetworkevent.com/

David Lecko is the CEO & Founder of DealMachine, a driving-for-dollars software platform that makes it easy for you to get in front of motivated sellers. David created the platform out of his own frustrations when he was trying to get ahold of homeowners manually. Alex uses this service and cannot recommend it enough. Listen in to find out how DealMachine can help your business!   Key Takeaways: Alex's cost per lead through other marketing channels is rising, DealMachine makes his job easier and more cost-effective. What are David's thoughts about passive income? How did David first develop DealMachine? David is in the process of building his own rental portfolio. David followed the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) formula and it's worked out great for him when it comes to building his portfolio. What are some of the benefits of DealMachine? How can it help you get more leads / deals / money? What's the best way to find qualified property finders? David was able to add about 73 properties to deal machine in an hour-and-a-half (with photos). Don't just add vacant properties, but target owner occupied homes as well. How accurate is the owner search? What other ways can you use DealMachine? David shares some client case studies and some of the successes his clients have seen. The more competitive the market gets, the more archaic the marketing becomes. Mentioned in This Episode: Interested in joining the Hybrid Coaching & Mastermind Group Alex & Steve launched? Apply to Join ASCEND Deal Machine: Find off-market deals, automate direct mail campaigns, get in touch with the owner, and have your leads managed...in just 10 seconds Rich Dad Poor Dad — Robert Kiyosaki and Sharon Lechter Get the Cashflow Board Game   Tweetables: “I was struggling with the follow-up process. I would drive, write down some address, and then go home. I realized I was totally wasting my time.” “I didn't start DealMachine with the intention of it being a business, but it's awesome how it worked out that way.” “If you can afford it, just pay one person hourly to find properties and they're out there doing it 30-40 hours a week.” Ask Alex A Question: Have a question you want featured on an upcoming Flip Empire Show? Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally! Did you get your FREE Online Course? Text the word EMPIRE to 67076, and we'll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course. Subscribe To The Flip Empire Show, and Leave a Rating & Review!

In this episode I talk a bit about what inspired me to start this podcast and what we're going to be covering. Here are some of the specific points touched on: Why Buy and Hold Real Estate for the Long Run? The basics of BRRRR (Buy, Renovate, Rent, Refinance, Repeat) Leverage and Return Sellers Remorse Future topics We've only scratched the surface so please subscribe to my podcast and stayed tuned for the next episode! Feel free to contact me on instagram at @theandrewhines Music Info: Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

Download This Awesome Podcast: http://bit.ly/2Q8KIsF WHAT ARE WORDS THAT YOU LIVE BY? “Make everyday a good last day.” Devin believes to let business be business and keep family time seperate. Don't interrupt family time with business, keep your emails and work tasks for work hours. Starting off in investing Devin recommends having a mentor is the way to go for your first deal, just to have someone guide you through. During his first investment he lived by BRRRR: Buy, Renovate, Refinance, Rent, Repeat. No new ideas, is another great phrase to live by! Investors are successful for the same reason, so follow suit, make the jump and prosper.  During his first investment looking back now, Devin wishes he had a better understanding of syndication models though, he wouldn't change anything, he has no regrets! Thank you so much Devin for all your value! To find out more about Devin contact: hello@devinelder.com  -- Thank you for listening and please give us a 5 star rating and review if you like what you here:  rate our podcast. You are welcome to join our REI Foundation podcast group here. To check out more of our podcasts, click here.   See acast.com/privacy for privacy and opt-out information.