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In this inspiring episode, Dave Dubeau chats with Josh Boyd, a real estate investor, podcast host, and community leader based in Atlanta, Georgia. Josh shares how he and his wife transitioned from careers in education to full-time real estate entrepreneurship. He walks us through their journey from an “accidental rental” to building a portfolio through BRRRRs, flips, and a growing real estate team. Josh emphasizes the importance of partnerships, networking, and education, and reveals how they use creative strategies like representing themselves as agents to fund their deals. You'll also hear how Josh's podcasting efforts and local meetups help others start their own investing journeys—and how his approach to giving back is deeply rooted in faith and purpose. Key Takeaways: Why Josh and his wife left teaching for real estate How an accidental rental changed everything Creative ways to fund deals and create cash flow The role of podcasts and meetups in growing their business How they help others visualize the path to success - Get Interviewed on the Show! - ================================== Are you a real estate investor with some 'tales from the trenches' you'd like to share with our audience? Want to get great exposure and be seen as a bonafide real estate pro by your friends? Would you like to inspire other people to take action with real estate investing? Then we'd love to interview you! Find out more and pick the date here: http://daveinterviewsyou.com/
Real Estate Investor Dad Podcast ( Investing / Investment in Canada )
Real Estate Investing Morning Show ( REI Investment in Canada )
Real Estate Investor Dad Podcast ( Investing / Investment in Canada )
Real Estate Investing Morning Show ( REI Investment in Canada )
Real Estate Investor Dad Podcast ( Investing / Investment in Canada )
Real Estate Investing Morning Show ( REI Investment in Canada )
Real Estate Investor Dad Podcast ( Investing / Investment in Canada )
Real Estate Investing Morning Show ( REI Investment in Canada )
Register here for GRE's live online event to learn about ‘Cleveland's Amazing Cash Flow Opportunities' on Thursday, March 20th. Keith discusses the impact of recent federal job layoffs, emphasizing the importance of diversifying income sources. 40% of Americans experience job loss at least once in their careers, with men more affected. He advocates for real investing in real estate as a safety net. Seth Williams joins the conversation to discuss the use of AI in everyday life and real estate investing. Hear a practical example of how AI can help with real estate due diligence, such as reviewing municipal regulations and zoning rules. Resources: Check out Seth's resources, including the Pulse Inner Circle community, to learn more about practical applications of AI. Show Notes: GetRichEducation.com/543 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching:GREmarketplace.com/Coach Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments. You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review” For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript: Automatically Transcribed With Otter.ai Keith Weinhold 0:01 Welcome to GRE. I'm your host. Keith Weinhold, amidst 10s of 1000s of federal workers recently getting fired. It's not rare, because throughout their working career, layoffs hit 40% of Americans. How do you hedge yourself against the danger of losing your job? Then get a fascinating understanding of how you can use AI to improve your everyday life, and some applications for AI in real estate investing today on Get Rich Education. Since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors, and delivers a new show every week since 2014 there's been millions of listener downloads in 188 world nations. He has a list show guests and key top selling personal finance author Robert Kiyosaki, get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with get rich education podcast. Sign up now for the get rich education podcast or visit get rich education.com Corey Coates 1:19 You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education. Keith Weinhold 1:35 Welcome to GRE from Sunbury, Pennsylvania to Sun Valley, Idaho and across 488 nations worldwide. I'm Keith Weinhold, and I'm grateful to have you with me here for another week. This is get rich education. I'm known as the guy that back in 2015 was the first person to explain how real estate pays you five distinct ways at the same time when mass federal layoffs hit recently, you know you can learn something really important at a time like this. And no, it's not about the Washington, DC real estate market. That's not where I'm going here. That's not the bigger lesson, unless you're perhaps in the DC real estate market, it's shaping up to be 10s of 1000s of federal workers that are getting the boot as the result of the new administration in charge. We'll see where the number lands. But the thing is, is that federal jobs have long been deemed as the most secure, and yet more firings are coming. So if they're the most secure jobs, then what does that say about you and the safety of your job in both your near term future and your long term future, whether you're in the public sector or the private sector. I've worked in both sectors, and yeah, sadly, this is not such a rare occurrence. Many sources cite that roughly 40% of Americans get fired at least once during their working life. Job loss is more likely for a man than a woman, and it's happened to me. Yep, even I've taken that awkward and awful feeling box full of desk stuff, walk. The big lesson here is that you need to grow a second source of income, Experian and fed data. They cite that the average debt per consumer is about $39,000 worth of student loan debt, and another $24,000 worth of auto loan debt and another $6,500 worth of credit card debt. Well, those are not good debt types, like real estate debt is where you can outsource the debt to a tenants. Instead, you are the one that has to pay these type of debts, and that's why a lot of job losers are going to decline into a financial tailspin. They will default on their payments. They will become delinquent, they will descend into bankruptcy, and they will have a destroyed credit score, and the incidence of depression and suicide that even goes up for these people. Now, as we know, most of the so called financial advice out there that targets budgeting, how to cut your expenses. That's okay. You can do a little of that, but if you lose your job, a bundled cell phone plan in ditching your $7 latte is hardly going to help you. See, here's the thing that a lot of people fail around. Lies, even if you get a promotion and a raise at work, it still only pads a dangerous single source. It's still just a sole income source. Instead, what's powerful is, rather than budgeting, it is increasing your income, but it needs to be a source outside of your day job. That's how you get income diversification at the same time. I mean, you could take on a part time job or freelance work and accomplish that, but see the problem there is that you've lost your irreplenishable time. That's a one way street that time is never coming back. Don't live below your means. Grow your means. Owning an income property that can completely solve all of these problems, even a low cost income property of, say, $200,000 and Okay, a property like this, that might start with just 100 to $300 per month of residual cash flow, but that amount tends to rise even faster than inflation, because, as we know, your mortgage payment stays fixed. That's how that happens, and additionally, your 200k property at just 5% annual appreciation that grows to 255k in just five years. And if you only made a 20% down payment of 40k on this well, that property that grows to over 100k of equity in five years because you've got both the appreciation and the tenant made loan pay down. There is more to this. Besides increasing your monthly income, you can often take a chunk of this 100k plus equity with a cash out refinance that is a tax free windfall event, you heard that, right? Tax free, and you still get to hold on to the property. So a simple, low cost 200k property, just one of those, it increases your income now it gives you a second source of income, and it simultaneously gives you a leveraged windfall chunk that you can access in one nice, tax free cash lump. And one thing's for sure, you want to get a loan for income property and get that property now why you have your job? Because when you lose your job again, 40% of the time, no mortgage underwriter will qualify you when you're unemployed, relying on one income source that is kind of like playing Jenga on a wobbly legged table. So really, the bottom line here is that widespread federal job firings, they have really brought to light how many people are vulnerable with just one source of income. Why would anyone do that? Owning investment property solves the problem. Plant that second income seed now you can't have just one income stream that is too close to zero, that is precariously close to zero, and much of your life's thought pathways. They're about expectations, your expectations for the future, the way you think about your future, and if there's even a looming threat of losing your job in the future, you know that might not happen, but just the mere threat of losing your job that can induce stress. So that's why you want to do something about that, and I have a great resource to share with you shortly that me and the team here at GRE are going to help you with in you getting that vital income diversification a second source, but first Tax Day is next month. If you aren't getting an extension, you be pulling your tax documents together Trump tax changes are anticipated any time here, the highest federal income tax rate is expected to stay at 37% the standard deductions are moving up soon, indexed to inflation, $15,000 if you're single, $30,000 if you're married. Basically this means that things like your donation receipts. You know what? They are not worth saving and tracking unless they exceed those standard deduction amounts. And I like easy ways to remember things as you're pulling together documents for your tax preparer, if you are the tax preparer yourself, a w2 form shows. Income from your employer. A 1099 form shows income that's not from an employer, really. That's the distinction and an easy way to remember it. And to my point earlier about having more than just one vulnerable source of income, I hope that your 1099 income not from an employer, like the rents that your property manager collected for you that those 1090 nines are increasing faster than your w2 income, which is from an employer. America's first car free neighborhood. I sent you more about that in our newsletter recently, and you said that you really liked learning about it. Yes, America's first car free neighborhood. It's had its share of detractors and skeptics and supporters since it broke ground in 2021 these are largely rental apartments in Tempe, Arizona, that is just the east of downtown Phoenix. Residents get around with light rail and E bikes. Studio apartments start around $1,300 a month, and three bedroom units around $2,700you can meet your neighbors more and get to know your community when everyone's not in their car and garage bubbles. So I found this really interesting. One resident of America's first car free neighborhood said We've probably made more connections here in six months than when we lived in the suburbs for 15 years. That was interesting to learn about in our newsletter. Coming up on the second half of the show today, an expert guest and I are talking AI, think about all the time that this is going to save you. Think about all the brain damage that this is going to save you. Think about how much better informed you're going to be and how much smarter you'll feel. That's coming up shortly. Hey with what I mentioned earlier, I am announcing that coming up in just a couple weeks, here on March 20, it is our live online event for an amazing Cleveland cash flow opportunity. And why Cleveland now? Well, healthy, real world monthly rents are more than 1% of home prices. That is a lucrative ratio. And on top of this, we are layering the BRRRR strategy by rehab, rent, refinance and repeat, where cash flow averages more than $500 per door. This strategy, it allows you to put fewer dollars in the deal, and that's why it's really popular. Be sure to show up and learn more. Our last live online event was last year. It was for BRRRRs, and we had a record 538 registrants. We're going to examine single family properties in C and C plus neighborhoods. Those are the investor sweet spots here. And besides learning about real estate due diligence and the Cleveland market, there will also be a buying opportunity. Yes, the bur strategy allows you to invest with that low equity position, yes, both investor advantage areas, with the BRRRR strategy layered on top of it, it's the right opportunity for you if you need to build that second or third source of income. And besides all that, there's just the simple fact that amidst the well known national undersupply of housing. Entry Level homes, like these ones in Cleveland, they are even fewer. That entry level segment really has the scarce supply. I mean, you're going to own a scarce asset that everyone wants and needs. And this live event is one of course you can join from the comfort of your own home. It has two co hosts. You are going to be joined by one of our terrifically qualified GRE investment coaches and one of our top partners who has helped investors create wealth and grow their portfolios for over 20 years. I know him. I've had dinner with him. You can register now at GREwebinars.com Again, it is March 20. Our last one had 538 registrants. That was a record. Register while you can it is open now at GREwebinars.com more next. I'm Keith Weinhold. You're listening to GRE you know what's crazy. Your bank is getting rich off of you. The average savings account pays less than 1% it's like laughable. Meanwhile, if your money isn't making at least 4% you're losing to inflation. That's why I saw. Putting my own money into the FFI liquidity fund. It's super simple. Your cash can pull in up to 8% returns, and it compounds. It's not some high risk gamble like digital or AI stock trading. It's pretty low risk because they've got a 10 plus year track record of paying investors on time in full every time. I mean, I wouldn't be talking about it if I wasn't invested myself. You can invest as little as 25k and you keep earning until you decide you want your money back. No weird lockups or anything like that. So if you're like me and tired of your liquid funds just sitting there doing nothing. Check it out. Text family to 66866, to learn about freedom family investments, liquidity fund again. Text family to 66866 Hey, you can get your mortgage loans at the same place where I get mine, at Ridge lending group NMLS, 42056, they provided our listeners with more loans than any provider in the entire nation because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. You can start your pre qualification and chat with President Caeli Ridge personally. Start now while it's on your mind at Ridge lendinggroup.com that's Ridge lendinggroup.com Blair Singer 16:35 this is Rich Dad, sales advisor, Blair Singer. Listen to get rich education with Keith Weinhold. And above all, don't quit your Daydream. Keith Weinhold 16:51 How do you really use AI? Can you believe if you have a question about anything in life, 90% of the time, it already makes more sense to ask chatgpt than a human being. That's what my longtime friend says. He's with us today, and he hosts the terrific R E tipster YouTube channel. Welcome into GRE Seth Williams, Seth Williams 17:15 hey, Keith, great to be here. Thanks for having me. Seth, you've been interested in AI for years. Tell us how your perspective has evolved over time. A lot of people have pretty big variations in how much they use AI and how much they're even aware of it. Personally, I use it every day, like many, many times a day. Chatgpt is open almost all the time, and I use it for almost anything you can imagine, like when I have a question about almost anything, it makes more sense to ask chatgpt than it does to do a talk to a human, because I can get direct answers. It's armed with pretty much all the information that's publicly available on the world is an incredible resource. And when I talk to people and I ask them, like, Hey, do you use chatgpt? And they either say, What are you talking about, or they say, Yeah, I've used it once. It like, it just hurts me. You know, it's like, seriously, you have a superpower at your disposal here. You're not using it. It's kind of like what the internet was back in 1995 or something, where, like, some people kind of got it, but a lot of people didn't get it yet. It's pretty crazy when you can harness the power of not just chat GPT, but all of this AI stuff that's available now. Like, there's incredible, very powerful leveraging opportunity here. Keith Weinhold 18:27 I use it about every other day. I bet after talking to you, it's gonna make me want to use it more. But, yeah, the guy that cuts my hair, he's only 25 years old. He doesn't seem very familiar with this. But like you said, it's a lot like Google in 1995 to maybe 1998 like, people just didn't automatically think of Googling something. And it's beginning to get that way, I think with using an AI like chatgpt to answer your questions, why don't you tell us about some of the biggest misconceptions that people have about AI? Seth Williams 18:54 Well, that's good question. I guess it kind of depends on where they're coming from and what they are even aware of in terms of what is capable of. But I know one thing I hear from time to time is people will say, Well, I'm not a content creator, so I don't really have a use for that, like it makes sense if you're like a blogger or a podcaster. And I guess the good thing is that they at least have some awareness of what it can be used for. But things like chatgpt can be used by pretty much anybody who knows how to type on a computer or even speak to their phone, the chatgpt mobile app, for example, I just love this thing you do have to be a paying Plus member, which is 20 bucks a month. That is a laughably inexpensive price for everything that chatgpt could do for you, especially a mobile app. I can turn this thing on. I can use it as a camera to point to anything and have it give me insights and instructions on how to deal with this thing, whether it's a plumbing problem. I was just using it this morning. I had my phone set up on a tripod on my desk, pointed at Zapier trying to figure out how to make two complex softwares work together, and I just had to speak to it in real time. Time and ask it, this is what I'm trying to do. How do I do this? I don't get it, and it explained exactly what to do. And this was help that I could have paid a consultant money for, but it just came from this app, and all has to do is just look at my screen and it understands all of it. It sees things that I don't see. I know people that use chatgpt as the therapist. I've never done that, but I've know a whole lot of people that do that kind of thing. Yeah, and it gives them legitimate, useful feedback, and it's available 24/7, and it doesn't cost 100 plus dollars per session to talk to them. Keith Weinhold 20:32 You the listener right now are thinking about all the jobs that this is displacing, surely, but why don't we pull back and think about no Seth. If someone is completely new to AI, what's the first thing that they should try to use it for? Seth Williams 20:46 If you are a real estate person? Specifically, I don't know if everybody listening to this is necessarily, but as a real estate investor, the first thing I ever used it for was writing property descriptions for me, like when I had a property I was trying to sell. I know there's a great way to explain this thing, but I don't really know how to do it in my own head. Yeah. And you can just feed it basic information about the property and say, Hey, write me a beautiful, compelling property description that will make these things sellable and make people you know, respond with interest and that kind of thing. And just do that, and you'll see what I'm talking about it. It's an incredible writer. It does a great job. What's your question about where do they start with chat GPT? Is that what you're asking? Yeah, if one isn't familiar with it, where should they start? Well, another thing you could do daily use type thing. So something that I've used chat GPT for, I've taken a picture of my closet in the different clothes I have to wear, and I send it to chat gpati and say, Hey, what should I wear today? Like, what different articles of clothing would you recommend that I pair together? You could do this with your cupboard. Say, Hey, here's what I have in my cupboard. Tell me what I can make with this and then give me the recipe to make it. You could do this at the drug store. You'd go take a picture of the shelf and say, Hey, I have a splitting headache. Show me what on this shelf will solve my problem right now and get rid of my headache. I've actually got this problem worse than most people, where I can be looking right at the solution, and I don't see it like it's right there in front of me, but I miss it. But chatgpt doesn't miss anything like, if it's in the picture, or even in the the live vision camera, it's like a live video feed that you can point at anything. Like it will see it, and it will point out stuff that you very likely are missing. Keith Weinhold 22:24 That's amazing. I haven't used its image capability that way yet, and really that brings up Seth. There are so many AI tools available, like an explosion these past couple years. How is a person supposed to decide which ones are worth using and which ones are not. Speaker 1 22:41 It's very true, there's a lot of stuff out there. It can be a little overwhelming. I can tell you, I've used chatgpt, I've used Claude, I've used Gemini, I've used grok, bunch of different AI chat bots out there. They can all do some pretty amazing things, but if you just don't know where to start, like I'll see if I can only have one of them, chatgpt is what I would go to. I think part of that is just a level of familiarity, like I've just used it for so long now. It's like a comfortable old shoe, but it really is innovating at an incredible speed, and it's this AI boom has been happening for over two years now, and chatgpt is still arguably at the top. I mean, they've done a really good job of staying on the bleeding edge of what can be done now, and chatgpt is free, but if you pay for the $20 a month version of it, you just unlocks a lot more capability and usability. That's probably what I would do. But there's different Claude. I've seen this myself, and I've heard this from a lot of other people. If you're trying to, like, write a story, for example, Claude is actually a better writer than most things out there. So that's what you're trying to do. Like, go with quad you want, like, a one, all purpose tool that can do pretty much everything reasonably well. That's what chat GPT is, in my opinion, Keith Weinhold 23:52 those are some great tips. And yeah, I thought it was pretty impactful last year, when even when you do a Google search, at the top of that, there is now an AI summary before you see your conventional Google Search sort of hits, which actually concerned Google advertisers for a little while. How about some of the most driest and esoteric reading that we can think of, and how AI can speed that up and make it more interesting, just say, doing due diligence in real estate, like reviewing municipal regulations or zoning rules and property restrictions. How does AI help you there? Speaker 1 24:27 I've used it numerous times for that, perfect for that. For example, in the land business, one way that you can make money from land is by subdividing land. And one strategy within the subdividing business is to find properties that are they're called exempt subdivides, which means that you can essentially do the subdivide and not get anybody's permission to do it, like you can just split it up and not ask anyone. And you can do it, but you can only do that if the size of the property is over a certain threshold. In Texas, I think it's 10.01 acres or. Higher. There's certain places Michigan that are similar, but you can figure this out by looking at the county and the municipal guidelines to understand what is that threshold, or does that threshold exist at all? You can find these PDFs from the county or the municipal website. Upload it to something like chatgpt or Claude, and just ask the question like, how big does a property have to be before it's exempt from the subdivision rules? And it'll tell you, if it's in there, it can redo the thing in a matter of seconds and tell you what the answer is and where it found the answer, a very similar thing with like legalese and legal writing that's really hard for the average person to understand, probably by design, it can decode that for you. I've gotten this before. I've gotten really poorly written emails from people like electricians, or even just, I can't believe there's already happened exactly. They explain things using a lot of industry jargon and lingo, and I don't know what they're talking about, right? And I can copy and paste that email into chatgpt and just say, Hey, I got this email from an electrician. I have no idea what this means. Can you explain this to me? Like I'm a five year old, and it does it, and it works every time where it's like, oh, okay, that's what you meant. I can just know that instead of having to respond to them and say, Hey, can you rewrite that for me? I don't understand it, and they reply, and it's bad again. And it goes back to this a lot of questions that a lot of us have every single day. Historically, we've gone to people to ask those questions, and that's fine, but it wastes their time, and it wastes our time, and we still might not get the answers we're looking for, but with things like chatgpt, like you almost certainly will get the answer you're looking for very quickly, and it doesn't waste anybody's time other than the time you have to spend asking the question. So it's a big 8020, lever, you can get a lot more done without relying on the limits of humans to get the job done. Keith Weinhold 26:50 We're talking about how you can use AI in your overall life and in real estate a little bit too. With Seth Williams, well, you're such a good resource. You're really pretty pioneering in learning AI and helping you with problems and solutions in both your overall life and in real estate investing. So tell us by now, what are some of the most unexpected or just like, totally impressive things that AI has helped you with, and how do you do that stuff? Seth Williams 27:17 That's a really long list, but the thing that I have been most impressed with as of late is something that both chatgpt and Google Gemini can both do this now, kind of in different ways, but they can look at your computer screen and help you figure out all kinds of complex problems. Talked about this a little bit in part one, but earlier this morning, I had my chat GPT mobile app right here on my phone. I had it on a tripod pointed at my screen, and it was walking me through how to set up a couple new zaps on Zapier using a web hooks, which just right there I probably lost most people. It's just a confusing thing to figure out. I still don't fully understand it, but I was explaining my problem and what I was trying to do, and I could just talk for as long as I want, until I'm done talking. And then chatgpt chimed in, and in about 30 seconds, it solved my problem and told me exactly what to do. And Google has another way of doing this, where it's actually like on your computer, like seeing your entire screen, and it kind of does the same thing where a voice talks back to you. It's amazing, because I know how hard some of these things can be, the type of thing that would either make me give up and just not do what I'm trying to do, or pay somebody a bunch of money to come in fix the problem for me, or stand over my shoulder, either which way is not a great outcome. But with the help of these AI chat bots that can see everything going on, and they have basically all the knowledge in the world about how to solve the problem. They can do it really quickly and easily. And it's amazing. That's one of millions of different things you can do with chatgpt. Keith Weinhold 28:51 Oh dear. If AI looked at my computer screen, the first thing they would probably tell me is to close half of the tabs that I have open. Oh, yeah, me too, yeah. How are you personally using AI in your real estate investing business today? Seth Williams 29:07 lots of ways, but one thing that has been particularly useful to me is the use of what's called Custom gpts, which basically just means, right, you are training chat GP T to respond to you in a very specific way based on certain instructions you give it. So every time you start a conversation like it already knows why you're there, what you're looking for, what assumptions you want it to make. One example of a custom GPT I've made is one that can very quickly analyze big commercial projects like whether it's a self storage facility or industrial outdoor storage, I've explained to it how I want it to run the numbers based on certain information. I give it like square footage and pricing and occupancy rates and that kind of thing. So I can basically feed it like six or seven key pieces of information and 20 seconds it can tell. A give me, like a one to 10 rating based on this is a great deal, you should move forward, or this is a terrible deal. Look the other way. And the reason this is a big deal is because the way I used to handle this was I had a giant spreadsheet, and I would go line by line, filling in all these different inputs, and it would take me, at a minimum, like 30 to 45 minutes to get to the same place of understanding, like, Yes, this is good. I should keep going on this. Or no, this is a terrible deal. And it can just, like, look at a lot of stuff, a lot of data, very quickly. And it's not like the final answer necessarily, like, you don't just blindly follow whatever it tells you to do, but it can just get to the bottom of stuff, or, I guess, get further to the bottom of stuff, wasting a whole lot less time. So, you know, the real estate that's super helpful, and people in, like, banking and accounting and all this stuff fields where, like, there are full time analysts that look at this stuff all day long. And it naturally takes humans a lot of time to figure this stuff out, but AI can get there much faster. Keith Weinhold 31:03 Yeah, that is pretty remarkable, and it sounds like you're finding a pretty high degree of reliability and not getting what we call hallucinations in the AI world. Seth Williams 31:15 Yeah, that is sort of a developing thing. So hallucinations, it's definitely a real issue where basically we'll just make up stuff that sounds viable, but it's not right, and the only way you would really know that is if you knew better in the first place, which means, why am I even asking the question if I already know the answer? So it was kind of an issue where chatgpt and Claude and Gemini would just make stuff up. One of the ideas with some of the newer models that are coming out with, like, oh one or oh three mini now is what they've got. They use a lot more logic in these models. And the difference is, when you ask it one of these questions, and if it doesn't know the answer, it'll just say, I don't know. That's a great answer. They're hallucinating. Yeah, absolutely. And you know, chatgpt Four, oh, it's kind of like the difference between if you hire a very polite VA in on the other side of the world who's trained to be a yes man or a yes woman, like they want to make you happy, and they're going to tell you what you want to hear, whether it's right or not, whereas, you know, these more advanced logical models are more like your account or it's like, I'm not here to impress you. I'm just going to tell you the facts and how things really are, I think, depending on what you're trying to do, like, there are certain situations where you'd want the more creative four, oh, version of the situations where you'd want the logical ones. So I'm trying to, like, do code or analyze numbers or do something where accuracy is very important. That's where I want to use those logical models. But if I'm like, writing a story or song lyrics or whatever, and creativity is more important, that's what I'd want to do four Oh, so it's not that either one is like better or worse. It just depends on what you're trying to accomplish and what output you want from it. Keith Weinhold 32:54 Sure, part of this is knowing which tool to apply. There might be a grain of gratefulness, that there are such thing as hallucinations, right? I mean, it still takes you a human being thinking to confirm, does that answer make sense and it's just simply a good idea? Or could that be inaccurate? So the human component sounds like isn't completely displaced yet at this point, starting probably more than 10 years ago, Seth, when people began to look for answers to everyday questions, oftentimes, they would go to YouTube and they would just like to get their answer that way. Why is this faucet leaking or anything else? And watch a YouTube video about that. What's your process though for using AI to take a YouTube video and summarizing it and extracting key insights that way? Seth Williams 33:39 Well, there is a free chrome extension called glasp, G, L, A, S, P, that I just used it this morning. All the time. I've heard of it. It kind of sits on top of YouTube. So when you're on YouTube and you have this chrome extension there, this little button appears, and you can copy a transcript of the entire video and then take that and paste it into chat, G, P, T, and you can ask it whatever you want about what that video is about. You could say, summarize it in one sentence. Or you could say, Does this video talk about this issue? And if so, where or what does it say about it? You could say, take this video and turn it into a blog post for me, literally, like, whatever you can imagine that could violate come from that video. You could get that information from it. And that alone is is amazing. And it kind of goes back to, like, what is the purpose of this video, or what is my question that I'm trying to get answered? Am I looking for entertainment? You know, for example, I've been watching a lot of videos about guitars and guitar pedals and amps lately. I want to hear what this guitar sounds like. I kind of have to watch a video for that. Like, a transcripts, not really going to help me chat. GPT is not going to help me. Like, I just actually have to watch the video. So this doesn't totally render videos useless. It just depends on why you're watching it and what information you want to get, and how can you get there faster. Keith Weinhold 34:50 This has been great. Seth, are there any last things that we should know about? Ai, whether that's misconceptions or making sure that we're using the right. AI tools and avoiding the wrong ones. Any last thoughts? Seth, if Seth Williams 35:04 people are really interested in this stuff, I mean, there's plenty of places you can go online. This is a huge trending topic on YouTube, lots of good information out there. We actually put together a school community intended primarily for real estate investors and business people. It's you can find that at Pulse inner circle.com, P, U, L, S, E, inner circle.com. We're talking about this stuff all the time. My friend Mike balcom and I did a couple different courses on this stuff, like a guided course that was awesome. I mean, we even learned a lot of stuff going through the process. But it is a rapidly advancing area right now, and it has been ever since chatgpt came out, like, every week, there's some huge new thing out there. It's something that's worth paying attention to, because even, like, right now, it's incredible the stuff you can do. And interestingly, like, most people aren't doing it. So if you are up to speed and educated on it, you've got a superpower that most of the people don't know exists or aren't willing to learn. Keith Weinhold 36:01 That's a great point. If you just learn 1% of this, you're going to be ahead of the general population, and it's really easy to do. Seth, I've done some learning about AI myself. This has been a great chat. Thanks. Seth Williams 36:14 You bet. Keith Weinhold 36:21 Check out Seth's resources and his own R E tipster podcast. Always love to chat with my man, Seth Williams, Super Down to Earth guy, and also he does not look like a dork like you might think an AI expert would. Yeah, like I told Seth, the guy that cuts my hair is 25 years old. He's a SoundCloud music artist. He mentioned to me about how he writes his own lyrics for his music. I asked him how the results were when he asked chatgpt to write his lyrics or write him some rhymes, he told me he never even thought of that. I couldn't believe it. So yeah, AI, it's just still not top of mind for people. The two platforms that I use the most are chatgpt and venice.ai last year I told you about how you can turn any document into an AI podcast with notebook LM, and you'll remember that I also played a minute or two of that AI generated podcast right here on the show for you, you can book your travel with AI as well. Have it put together in itinerary for you. Have you asked AI who you are? I hope that you've tried that by now. When I go to chat GPT and ask it, who is Keith Weinhold, let's see, is it accurate? Well, the answer starts with Keith Weinhold, is a real estate investor, author and the host of the get rich education podcast. Well, then it goes on for a few paragraphs. It goes on to say he founded get rich education, a platform that offers educational content through podcasts, blogs and resources about real estate investing, personal finance and wealth building. His teachings emphasize the benefits of leveraging real estate as a long term wealth building tool while highlighting strategies to maximize cash flow and minimize risks. Okay, yeah, I would say that's accurate. No hallucination there. You can also ask chat, GPT or an AI, of course, about your properties. In fact, I'm going to enter the address of one of my rental properties and ask it how much cash flow it generates. So to skim the answer for you, it's okay. It looks pretty accurate. Here. It says that it is a three bedroom, two bathroom, single family home with 1300 44 square feet of living space. It shows the property was last listed for rent at $1,625 per month in March of 2024 Yep, that sounds right. Zillows rent, Zestimate estimate estimates the current rental value at $1,898 per month, is what it says. Okay, and then here's what it says about the property's cash flow. Because I asked that about the cash flow, it writes to determine the potential rental cash flow, consider the estimated monthly rental income of 1898 subtract operating expenses such as property management fees, maintenance insurance, property taxes and any mortgage payments, the resulting figure will represent the net monthly cash flow. All right, well, then it goes on with more info that's less interesting, okay, so therefore, at least this basic question that I've asked it chat GPT, I mean, it cannot know my cash flow unless they know what my loan amount was and what the mortgage interest rate is and those sorts of things. But maybe another AI knows that, though I am not sure. Hey, coming up here on future episodes of the get rich education podcast, some well known names that haven't been here on the show. Before and another interesting upcoming episode down the road. Here is when a pastor is going to join me on the show. Here, this pastor is an expert in what the Bible says about money. You might be familiar with the Bible verse that says it is easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of God, gosh. Well, how does that make me feel about how the pastor and I's conversation is gonna go here on a show that's called get rich education that ought to be super interesting, and I really look forward to that show. Now, even if you're not a Christian or you don't believe in the Bible, this is going to be a significant conversation, because you cannot deny the Bible's influence. It is, in fact, the greatest selling book of all time, and even if it doesn't personally affect you, it does impact other investors around you and just billions of people across the world. What the Bible says about money coming up, which could have, I guess, some uncomfortable moments here in future weeks on the show, along with a lot of other great content. If you want to be sure that you don't miss that on your pod catching app, be sure to hit the Follow button. Also, if you would please, simply tell a friend about the show until next week. I'm your host. Keith Weinhold, don't quit your Daydream. Speaker 2 41:41 Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively. Keith Weinhold 42:09 The preceding program was brought to you by your home for wealth, building, getricheducation.com
Real Estate Investor Dad Podcast ( Investing / Investment in Canada )
Edmonton Real Estate Investing Deal Lab Saturday February 22nd 2025 Creative Hive, Edmonton, Alberta https://www.reimasters.ca/edmontondeallab Edmonton Real Estate Investing Deal Lab is back and better than ever! Join us for this in-depth interactive workshop where we're going to dive into a real life real estate deal and help you analyze and run the numbers! Will it CASHFLOW? Is it a GOOD DEAL? You got to show up to find out! We're also introducing a brand new interactive investor experience... DEAL LAB GAMES! Learn how to write an offer as you get immersed into a life-like offer scenario where the clock is ticking and everyone is fighting over the same deals. Will you get the deal? Or will you get a dud? And what's a real estate investor workshop without some good ol' fashioned NETWORKING! Network with other action takers and build your community. Interested in joining the REI Masters Mentorship Program? Head to www.reimasters.ca Or email us at info@reimasters.ca Got a question you'd like answered on the show? Email us at info@reimorningshow.com Hosts: Wayne and Gabby Hillier Edmonton Alberta Real Estate Investors Coaches at the Real Estate Investing Masters Mentorship Program
Real Estate Investing Morning Show ( REI Investment in Canada )
Edmonton Real Estate Investing Deal Lab Saturday February 22nd 2025 Creative Hive, Edmonton, Alberta https://www.reimasters.ca/edmontondeallab Edmonton Real Estate Investing Deal Lab is back and better than ever! Join us for this in-depth interactive workshop where we're going to dive into a real life real estate deal and help you analyze and run the numbers! Will it CASHFLOW? Is it a GOOD DEAL? You got to show up to find out! We're also introducing a brand new interactive investor experience... DEAL LAB GAMES! Learn how to write an offer as you get immersed into a life-like offer scenario where the clock is ticking and everyone is fighting over the same deals. Will you get the deal? Or will you get a dud? And what's a real estate investor workshop without some good ol' fashioned NETWORKING! Network with other action takers and build your community. Interested in joining the REI Masters Mentorship Program? Head to www.reimasters.ca Or email us at info@reimasters.ca Got a question you'd like answered on the show? Email us at info@reimorningshow.com Hosts: Wayne and Gabby Hillier Edmonton Alberta Real Estate Investors Coaches at the Real Estate Investing Masters Mentorship Program
Hey friends, welcome back! It's been a while since we talked bout the BRRRR method, and if that's your jam, you're in luck because today we are joined by our friend (and WIIRE Cohort leader!), Maria Koch. In this episode, Maria talks about flipping and the BRRRR strategy, tactical insights on her REI business that you can implement, and shares her incredible story, which we know will leave you feeling inspired!Maria started investing in 2020 and is based in Kansas City, Missouri. She has a rental portfolio of 10 doors but has done more deals, and her husband is a general contractor - so she gets to see the action from both sides. With more than 20 BRRRRs and flips under her belt, Maria shares how being an agent has helped her sell her own deals and get the best bang for her buck, even in the toughest market.Want to know more about Maria? Check out her website or follow her over on Instagram.We hope you love this episode as much as we do. Thanks for tuning in! Resources:Follow Maria over on InstagramVisit Maria's websiteBe the first to know when doors open again to The WIIRE CommunityLeave us a review on Apple PodcastsLeave us a review on SpotifyJoin our private Facebook CommunityConnect with us on Instagram
Real Estate Investor Dad Podcast ( Investing / Investment in Canada )
Bookkeeping & Tax Strategies for Real Estate Agents FREE WEBINAR! https://us06web.zoom.us/meeting/register/tZ0lfu2pqjotHtd6zgfjNfKWpW7kdWP33aLu Interested in joining the REI Masters Mentorship Program? Head to www.reimasters.ca Or email us at info@reimasters.ca Got a question you'd like answered on the show? Email us at info@reimorningshow.com Hosts: Wayne and Gabby Hillier Edmonton Alberta Real Estate Investors Coaches at the Real Estate Investing Masters Mentorship Program
Real Estate Investing Morning Show ( REI Investment in Canada )
Bookkeeping & Tax Strategies for Real Estate Agents FREE WEBINAR! https://us06web.zoom.us/meeting/register/tZ0lfu2pqjotHtd6zgfjNfKWpW7kdWP33aLu Interested in joining the REI Masters Mentorship Program? Head to www.reimasters.ca Or email us at info@reimasters.ca Got a question you'd like answered on the show? Email us at info@reimorningshow.com Hosts: Wayne and Gabby Hillier Edmonton Alberta Real Estate Investors Coaches at the Real Estate Investing Masters Mentorship Program
Real Estate Investor Dad Podcast ( Investing / Investment in Canada )
Interested in joining the REI Masters Mentorship Program? Head to www.reimasters.ca Or email us at info@reimasters.ca Got a question you'd like answered on the show? Email us at info@reimorningshow.com Hosts: Wayne and Gabby Hillier Edmonton Alberta Real Estate Investors Coaches at the Real Estate Investing Masters Mentorship Program Got a question you'd like answered on the show? Email us at info@reimorningshow.com Hosts: Wayne and Gabby Hillier Edmonton Alberta Real Estate Investors Coaches at the Real Estate Investing Masters Mentorship Program
ABOUT RYAN EMRICHRyan Emrich is a real estate investor whose journey began as a full-time CPA buying a 3-family househack in Worcester, MA in 2019. Utilizing HELOCs and strategic partnerships, Ryan was able to invest in larger value-add deals. Leveraging his financial expertise and strategic acumen from working in accounting and finance, Ryan quickly expanded his portfolio, amassing nearly 90 units by the end of 2023. Ryan has experience with househacks, rehab projects, BRRRRs, wholesaling, and multi-family syndications & joint ventures. Ryan emphasizes partnering with like-minded investors to unlock tremendous potential. In 2022, this gave birth to Blue Canyon Equity Partners, where Ryan and his co-founders raised money from investors to acquire lucrative real estate opportunities. THIS TOPIC IN A NUTSHELL: From CPA to Real Estate InvestorTarget market and first real estate investmentHow Blue Canyon Equity came aboutLearning about Commercial Real EstateBRRRR with other real estate asset classesAbout the 6-unit DealUnit mix, purchase price, and how they found the dealValue Add project planConstruction budget and project timelineRefinance & MortgageOvercoming challenges with asset management Partnership and SyndicationFlip Project and Short-Term InvestmentsRewarding aspect of real estateFiduciary duty as Managing Partner Choosing deals that align with market trendsConnect with Ryan KEY QUOTE: “A very rewarding aspect of real estate investing is that as I become more proficient, there are definitely opportunities to share my knowledge, to help others learn, and we can even learn together.” SUMMARY OF BUSINESS: Blue Canyon Equity Partners is a real estate investment company dedicated to transforming Massachusetts communities through strategic real estate investments. We forge strong bonds with sellers, investors, and lenders, fostering an environment of collaboration and shared success. Our team of experienced professionals leverages their passion and expertise to empower our clients in achieving their individual goals, whether it's a swift sale, maximizing their property's value, or exploring creative solutions tailored to their unique needs. ABOUT THE WESTSIDE INVESTORS NETWORK The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication. The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com. #RealEstateWealth #FinancialAcumen #PropertyInvesting #SmartInvestments #WealthBuilding #RealEstateGrowth #PropertyPortfolio #InvestmentStrategies #FinancialSuccess #AssetManagement #PropertyDevelopment #RealEstateInsights #InvestmentTips #RealEstateExpertise #StrategicInvesting #FinancialEducation #WealthCreation #PropertyWealth #InvestmentWisdom #RealEstateKnowledge #PropertyROI #InvestmentMindset #RealEstateStrategy #FinancialFreedom #InvestmentInsights #RealEstateTips #DealDeepDive #Syndication #JoinTheWINpod #WestsideInvestorsNetwork CONNECT WITH RYAN EMRICH:Website: https://www.bluecanyonep.com Instagram: https://www.instagram.com/ryanremrich Tiktok: https://www.tiktok.com/@ryanremrich Facebook: https://www.facebook.com/RREmrich LinkedIn: https://www.linkedin.com/in/ryanremrich CONNECT WITH US For more information about investing with AJ and Chris: · Uptown Syndication | https://www.uptownsyndication.com/ · LinkedIn | https://www.linkedin.com/company/71673294/admin/ For information on Portland Property Management: · Uptown Properties | http://www.uptownpm.com · Youtube | @UptownProperties Westside Investors Network · Website | https://www.westsideinvestorsnetwork.com/ · Twitter | https://twitter.com/WIN_pdx · Instagram | @westsideinvestorsnetwork · LinkedIn | https://www.linkedin.com/groups/13949165/ · Facebook | @WestsideInvestorsNetwork · Tiktok| @WestsideInvestorsNetwork · Youtube | @WestsideInvestorsNetwork
Jordan Moorhead is a real estate agent and investor experienced in house hacking, BRRRRs, as well as mobile home parks. In addition to that, he's moved around the United States a bit, allowing him to build strong real estate investing connections and teams in multiple states. This has allowed him to invest in Kentucky, Minnesota, as well as his current home in Austin, Texas. Most recently he's jumped into mobile home park investing, having closed on a park in 2023. He runs his real estate team, The Moorhead Team, based out of Austin, with a focus on helping those investing, and is host of the Austin Real Estate Investing Podcast.Follow Jordan
To land a great investment property, a true diamond in the rough, you're going to need to master the art of analyzing deals. Whether you plan to use the BRRRR method or buy commercial real estate, we've got several tips, tricks, and tools to help you find the perfect property! Welcome back to another Rookie Reply! Not sure whether a property will cash flow? In today's episode, we'll help you distinguish a great deal from a not-so-great deal. Do you need to pay back a hard money lender? You'll want to hear about the creative solutions you can use to get out of short-term debt when refinancing isn't an option. We also talk about short-term rentals and the best ways to furnish your Airbnb on a budget. Finally, we'll show you how to manage difficult tenants when they push back against rent increases and damage your rental! If you want Ashley and Tony to answer a real estate question, you can submit a question here, post in the Real Estate Rookie Facebook Group, or call us at the Rookie Request Line (1-888-5-ROOKIE). In This Episode We Cover: How to ensure that your BRRRR property will cash flow before AND after refinancing Creative financing solutions to use when hard money becomes due What you NEED to know before getting into commercial real estate investing How to fully furnish your short-term rentals on a tight budget Addressing rent increases and maintenance issues with difficult tenants And So Much More! Links from the Show Find an Agent Find a Lender Ashley's BiggerPockets Profile Ashley's Instagram Tony's BiggerPockets Profile Tony's Instagram Real Estate Rookie Facebook Group Join BiggerPockets for FREE Submit Your Real Estate Rookie Question! Apply to Be a Guest on the “Real Estate Rookie” Podcast Analyze Your BRRRR Deals with the BiggerPockets Calculators How to Buy a Hotel: Breaking Down Tony's FIRST Commercial Real Estate Deal Making $160K/Year From ONE “Rare” Property Thanks to Seller Financing Financial Freedom in 10 Years and $200K Cash Flow with a Small Portfolio Analyze Commercial Real Estate Deals Rental Management Tools Mentioned in This Episode: AppFolio Breezeway Check the full show notes here: https://www.biggerpockets.com/blog/rookie-386 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
For years, the BRRRR method (buy, rehab, rent, refinance, repeat) was every real estate investor's favorite strategy. And it's easy to see why. Using this simple formula, you can buy an outdated property, fix it up, lock in some solid equity, and then refinance, having the bank pay you back all the money you put into a deal. It sounds foolproof in theory, and up until 2020's hot housing market, it essentially was. But things have changed. Home prices are higher than ever, mortgage rates are still double what they were during 2021, and everyone and their grandma now wants to invest in real estate, making more competition for these outdated homes. So, one big question presents itself: Does the BRRRR method still work in 2024? And, if it does, what are some ways to beat the competition and score a seriously good deal, no matter the mortgage rate? Well, we've got the man who literally wrote the BRRRR book on the show—our very own David Greene! David is giving his time-tested insider tips on how to build wealth with BRRRR, create more equity on your next home rehab, which new loans make BRRRR much better in 2024, and why you CAN'T rely on cash flow anymore, but you can rely on something MUCH more beneficial. Ready to get your first (or next) BRRRR done in 2024? This is the episode for you! In This Episode We Cover: The BRRRR method (buy, rehab, rent, refinance, repeat) explained Whether or not you can still do a BRRRR in 2024 (and if it's even worth it) New types of loans for BRRRRs that make buying and cash-out refinancing MUCH easier Cost-cutting rehab tips to make sure you don't go over budget on your next home renovation The not-so-basic “value-add” potential you NEED to look for in your next BRRRR property Massive tax benefits, long-term wealth, future cash flow, and more upsides of doing a BRRRR in 2024 And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob' Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Grab The BRRRR Book How to Invest in Real Estate With the BRRRR Method Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-904 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
Today, we've invited Lindsay Lovell, a coach, speaker, real estate investor, co-founder, and CEO of 3 businesses. Owning 36 doors after 18 months, she'll prove that quick growth is possible in short-term and long-term property rentals with proper guidance and strategies.Now, she joins the show to share how she achieved all her success in the investing space, diversification approaches, and ways for you to start building your financial future. Key Points & Relevant TopicsLindsay's background and the introduction to her fast-growing portfolioThe difference between a home and a rental or investment propertySome effective ways to start a rental businessThe importance of having a team when you're investing out-of-state or out of your backyardSteps to building an out-of-state real estate team Financing strategies for beginners in real estate investingWhat makes single-family and small multifamily ideal for rental businessHow does acquiring conventional bank loans work for married couplesSenior living homes as a great strategy for diversifying a portfolioResources & LinksBiggerPocketsApartment Syndication Due Diligence Checklist for Passive InvestorAbout Lindsay LovellLindsay had an explosive, successful start in real estate investing. In just the first 18 months, Lindsay scaled from zero to 36 doors, reaching her goal of financial freedom along the way. She started with a focus on the BRRRR method, and then quickly expanded into flips, STRs, joint ventures, and passive investments. Now, only two years later, her portfolio consists of 57 long-term rentals and 15 short-term rentals. Scaling this quickly involved leveraging various creative financing strategies including hard money loans, tapping into equity from BRRRRs, forming relationships with local banks, and even utilizing a self-directed IRA and self-directed Roth IRA. Lindsay recently co-founded G-VI Capital Management, LLC which has over $15M in assets within 3 funds under management. The unique opportunity that G-VI Capital Management offers to investors is access to all the benefits of investing in various markets, with a blend of vacation rentals and long-term rentals, without any of the workload it takes to successfully run rentals. Additionally, Lindsay co-founded Wanderlust Stays, a co-hosting/vacation rental management company that oversees properties across the country. Along this journey, Lindsay started The Millionaire's March coaching, which has been able to bring to life her passion for helping other women learn how to reach financial independence. She lives in San Francisco with her husband, Cory, and their two dogs Paxton and Piper. When not working on real estate, you can find Lindsay skydiving with Cory horseback riding, or traveling. Get in Touch with LindsayWebsite: https://themillionairesmarch.com/ To set up a free 30-minute investing strategy session, go to www.millionairesmarchfreestrategysession.com/ and book your call.To Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!
You've heard top investors talk about “hard money loans” before, but what are they? You never walk into a bank and see a “hard money” sign, and if you aren't outwardly searching for it, you'd probably never know hard money was a thing. That's because hard money isn't coming from a bank or big institution, and because of that, it has some HUGE benefits over getting a standard loan. Better loan-to-value ratios, higher lending amounts, faster funding, and the ability to get a loan on a ROUGH property are just a few. So, how do YOU find your first or next hard money loan? We've got Will Heaton from Heaton Dainard Real Estate on the show to share his experience as a hard money lender and investor for the past two decades. Will has been on both sides of hard money—he's been the lender and the borrower, but now primarily focuses on lending to OTHER investors trying to build their fix and flip businesses or real estate portfolios. Will walks us through what hard money is, why it often beats bank loans, how much it costs, the hard money lending process from start to finish, and how to BECOME a hard money lender if you've got too much cash in the bank and want to make a solid return. Plus, who should and definitely should not be using hard money to invest in real estate. Having trouble getting your fix and flips or BRRRRs funded? Stick around because hard money may be your best bet. In This Episode We Cover: Hard money loans explained and which investors should choose it over a bank loan Common hard money fees, interest rates, and payoff periods The hard money process, from getting preapproved to paying back the loan How to become a hard money lender yourself and put your cash to work The hard money “draw” process and when you can expect to get your money from a lender What happens if you DON'T pay back your hard money loan And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Question Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram Catch Dave & Henry on the "On the Market" Podcast Hard Money Lending 101 How to Become a Hard Money Lender Connect with Will Heaton Dainard Intrust Funding Will's LinkedIn Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-884 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
Real Estate Investor Dad Podcast ( Investing / Investment in Canada )
Interested in joining the REI Masters Mentorship Program? Head to www.reimasters.ca Or email us at info@reimasters.ca Got a question you'd like answered on the show? Email us at info@reimorningshow.com 1 on 1 Coaching Call with Wayne Hillier: 30 minutes - https://calendly.com/wayne-hillier-coaching/30-mins 60 minutes - https://calendly.com/wayne-hillier-coaching/60-mins
Want to grow your real estate investing business and portfolio? You're in the right place. Welcome to the Property Profits Real Estate Podcast
This Halloween might be turning Boo's into Brrrrs and Lizz is not prepared to dress her summer babe for the chilly — and chilling — night. Kelly is finishing joke training with George and looking forward to some laughs one way or another. → Calling all RAV4 drivers! Kelly and Lizz would love for you to hop on over to the reviews, leave yours, and share what you love about the show. Don't forget to shout out your ride when you do. If you've ever been audacious enough to take a walk with your phone you might find today's millennial word of the day relatable. ‘Silent walking' is the new trend amongst Gen Zers who are finding they could use, as Kelly puts it, a little alone time with the noggin'. In reel talk with Lizz and driveway dumps Vera Bradley is coming back and Kelly and Lizz are fascinated by correlations between Menstrual cycles and ugly eras. Homemade baked goods are Kelly's base model luxury of choice this week. Her eggless blueberry muffins were a morning delight. She'll be messing up her already messy kitchen for time and time again. Fast lane philosophy brings you an update from Kelly on the four-hour work week along with her thoughts on everyone creating an online course. Today's advice segment includes listener questions about repeating family names and purchasing used rental vehicles. Kelly shares some crucial red flags to look for on Carfax and AutoCheck reports such as accidents where airbags deployed, situations where vehicles were towed, and recurring issues after an accident. Today's episode is brought to you by Zocdoc. When you're struggling to find a doctor who takes your insurance near you, try Zocdoc. Zocdoc helps you find expert doctors and medical professionals that specialize in the care you need. Book an appointment in no time. With Zoc, you have a trusted guide to connect you to your favorite doctor you just haven't met yet. Millions of people have used Zocdoc's free app, to find and book a patient-reviewed doctor in their neighborhood. → Head over to zocdoc.com/carpool to download the app and book a top-rated doctor today. Many are available within 24 hours. In industry news, the best vehicles for doomsday include the Jeep Wrangler, Hummer, and Subaru Outback — and Lizz is ready to auto-prep. The Mazda CX 70 two-row midsize crossover is on the way. And 20 electric cars are now selling below sticker price. A final Blake's besties honors Elizabeth's baby Lily, Megan's baby Feisty Fluff, Sarah's babies Harper and Mason, and Jessica's baby Nora Grace. Kelly and Lizz read the names of every baby whose story was shared this month and celebrate so much love while sending hugs out to all of the mama's who have experienced loss. → To share your ditch the drive-through recipe with us, call (959) CAR-POOL and leave us a message! → Do you have a story to share about your little one who was gone too soon? Send Kelly and Lizz your pregnancy memories at hello@thecarmomofficial.com → Write in your icks and ask for advice! Send Kelly and Lizz an email to get your question featured on the show at hello@thecarmomofficial.com Follow the Carpool Podcast on IG Follow the Carpool Podcast on YouTube Follow Kelly on IG Follow Lizz on IG Visit thecarmomofficial.com Learn more about your ad choices. Visit megaphone.fm/adchoices
Want to grow your real estate investing business and portfolio? You're in the right place. Welcome to the Property Profits Real Estate Podcast
When done well, home renovations can help you make a SERIOUS profit on your properties. Whether it's a simple fix or a complex rehab, having a few systems and processes in place will go a long way toward ensuring your success. The best part? Any rookie can implement them! Welcome back to the Real Estate Rookie podcast! Today, we're chatting with graphic designer turned full-time investor, Serena Norris. After a friend introduced her to the book Rich Dad Poor Dad, real estate quickly became Serena's new obsession. She quit her job to spend the following months networking and attending meetups until, naturally, she found a mentor to show her the ins and outs of investing. At first, she was willing to take on all kinds of mundane tasks and soak up as much information as possible. In no time, Serena was running her own BRRRRs (buy, rehab, rent, refinance, repeat)! Whether you need help convincing a mentor to invest in you or managing your own home renovation projects, Serena's got you covered! In this episode, she delivers a thorough breakdown of how to estimate rehab costs and find a good contractor for your home renovations—as well as some of the invaluable systems, tools, and templates you'll need along the way! If you're EVER going to do a home renovation (which you probably will), DO NOT skip out on this! In This Episode We Cover: How to manage a home renovation project from start to finish Finding a real estate mentor (and how to provide value to them!) Systems, processes, and templates that EVERY rookie investor needs Building the perfect scope of work for your home renovation job Hiring the right contractor for your project (and how to make sure you're covered!) Everything you need to complete a home renovation project remotely And So Much More! Links from the Show Find an Agent Find a Lender Ashley's BiggerPockets Profile Ashley's Instagram Tony's BiggerPockets Profile Tony's Instagram Real Estate Rookie Facebook Group Join BiggerPockets for FREE Submit Your Real Estate Rookie Question! The Step-by-Step Guide to Finding the BEST Off-Market Real Estate Deals w/Nate Robbins How to Work LESS and Earn MORE by Putting “Profit First” in Real Estate w/Mike Michalowicz How to Renovate a House — Step by Step Book Mentioned in the Show The Book on Estimating Rehab Costs by J Scott Rich Dad Poor Dad by Robert Kiyosaki Connect with Serena: Serena's Instagram Serena's Email Check the full show notes here: https://www.biggerpockets.com/blog/rookie-330 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
If your end goal is financial freedom, investing in real estate is one of the best ways to get there. But, if you want to reach that goal sooner rather than later, you may need to leverage several strategies at once. Today's guests were able to fast-track their journey to financial freedom by doing just that! In this episode of the Real Estate Rookie podcast, we're chatting with husband-and-wife real estate duo Joe and Andrea DelGrosso. Their investing journey started back in 2016 when they bought a single-family rental without knowing very much about real estate. Although they initially invested for some extra financial stability, their focus shifted in 2019. As they started tuning into BiggerPockets and educating themselves about real estate, they realized that there were ways to expedite their path to financial freedom—tapping into equity to turn tens of thousands into MILLIONS. Today, the DelGrossos have a modest portfolio of ten properties. Stick around as they share how they were able to create multiple revenue streams from a single property, as well as why they made the transition from long-term rentals to short-term rentals. For rookies who are still deciding on which real estate strategy to use, they touch on everything from 1031 exchanges to BRRRRs and more! In This Episode We Cover: Reaching financial freedom faster by combining multiple investing strategies How to create multiple streams of income from ONE property How to get your spouse on board with real estate investing Leveraging the equity in your properties to grow your portfolio FAST How to avoid capital gains taxes using a 1031 exchange And So Much More! Links from the Show Find an Agent Find a Lender Ashley's BiggerPockets Profile Ashley's Instagram Tony's BiggerPockets Profile Tony's Instagram Real Estate Rookie Facebook Group Join BiggerPockets for FREE Submit Your Real Estate Rookie Question! Hear Our Recent Interview with Mike Michalowicz Snowballing 6-Figure Short-Term Rental Profits Into Passive Investments w/ Avery Carl Achieving FI with Fewer Doors: The Small and Mighty Real Estate Portfolio w/ Chad Carson Follow Lauren Mattina on Instagram Connect with Joe and Andrea: Joe's BiggerPockets Profile Joe and Andrea's Instagram Check the full show notes here: https://www.biggerpockets.com/blog/rookie-321 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
Soli Cayetano makes over $10K per month in passive income at age twenty-five by buying the rental properties that most investors actively avoid. These properties are often in overlooked markets that aren't as attractive as San Diego, Miami, Austin, or Seattle, but they make her as much, if not more, money. The houses Soli buys are often $100K or less, meaning almost any investor reading this could come close to buying one. In three years, Soli turned $50K into a $5M real estate portfolio, enough passive income to support her for life, and an online following constantly finding and funding deals for her. She started building her real estate portfolio right after college when lockdowns took away her chance to make any active income. After reading David Greene's Long-Distance Real Estate Investing and listening to the Real Estate Rookie podcast, Soli scraped together every dollar she had and bought a Midwest rental that needed serious rehab. Now, a few years later, she and her partners own dozens of rentals across multiple markets. As a result, Soli was able to quit her job, focus entirely on real estate, and achieve ultimate time freedom. But will her cash-flow-first model work out in the long run? David goes head to head with Soli in this episode to debate whether or not these “cheap” markets are a mistake to invest in. In This Episode We Cover: Out-of-state investing and where to buy rental properties for just $100K Expensive properties vs. cheap properties and which will really make you richer Keeping yourself accountable and why you need to tell people your goals to make them happen Raising private money and how Soli got over 800 private investors through Instagram alone Real estate partnerships and how to grow your portfolio FAR faster by not going solo The battle of the BRRRRs and a David vs. Soli debate over which markets make the most money And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Listen to The “Real Estate Rookie” Podcast Check Out Soli On the “On The Market” Podcast Books Mentioned in the Show Long-Distance Real Estate Investing by David Greene Connect with Soli Soli's BiggerPockets Profile Soli's Instagram Soli's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-815 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
Think every housing market is too expensive to buy in? Think again. We're going over two of the country's biggest cash flow housing markets and showing why they may be your next best bet when buying rental property. And while, traditionally, cash flow real estate markets have been associated with constant turnover, low appreciation, and consistent headaches, these two markets defy the odds—if you know where to buy. Peter Stewart, Indianapolis agent and investor, is on today to discuss why his underrated but surprisingly lucrative housing market deserves your dollars. He's got clients doing BRRRRs, flips, and regular rental properties with crazy cash flow numbers and returns in the triple-digit percentages! Then we talk to Brandon Ribeiro, Philadelphia commercial agent who recently scored his buyer a rock-bottom mortgage rate (3%!) that will double the cash flow on his newest property. Interested in investing in markets like this? Need a local expert to guide you through the buying process? Check out BiggerPockets Agent Finder to connect with an expert agent in your area. It's completely free, and you'll get matched with experts who can talk about cash flow, not just granite countertops. In This Episode We Cover: Two cash flow real estate markets with strong signs for buyers The market metrics you MUST look at before buying in ANY area The “danger” of investing in cash flow areas and what you MUST avoid when doing so The 130% cash-on-cash return BRRRR that you can buy in THIS market How to lock down a rock-bottom mortgage rate with seller-financing And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David's YouTube Channel Work with David Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Book Mentioned in the Show: Buy, Rehab, Rent, Refinance, Repeat by David Greene Connect with Brandon & Peter: Brandon's BiggerPockets Profile Brandon's Instagram Brandon's Website Peter's BiggerPockets Profile Peter's Facebook Peter's Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-805 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
Meet Myuren Chanthirakumar, a successful real estate investor, acquired over 40 units, while also serving as a Valuation Associate at Newmark.In this episode we discuss:Finding opportunities with solid numbers is essential, as numbers don't lie in real estate investment.Learn from experienced investors and apply their knowledge to grow your personal portfolio.Focus on debt servicing during refinancing to ensure better underwriting of properties.Smaller properties offer easier liquidity and equity, making them attractive for investment.Invest in secondary markets with high cash flow and low debt servicing for sustainable success.Learning from the mistakes of rookie investors can be a valuable and cost-effective lesson in real estate.About Myuren ChanthirakumarMyuren Chanthirakumar is a real estate investor who started in October 2019. He bought over 40 units since then, using strategies like vendor-take-back mortgages, raising capital, and full BRRRRs. He's part of Synergy Mastermind and has hosted webinars and spoken at real estate groups. He's also a Valuation Associate at Newmark Valuation & Advisory, providing expertise to investors in various Ontario real estate groups and other provinces.Connect With Myuren ChanthirakumarEmail: myurenc@mcrealestategroup.comInstagram: www.instagram.com/myurencLinkedin: https://www.linkedin.com/in/myurenc Connect with Danielle ChiassonWebsite: https://letsgetrealestatepodcast.com/LinkedIn: https://www.linkedin.com/in/daniellechiasson/Facebook: https://www.facebook.com/DaniChiassonInstagram: https://www.instagram.com/letsgetrealTikTok: https://www.tiktok.com/@danichiassonBook in a call: https://calendly.com/strategicsuccess/lets-get-real-estate-20-min-chat
A lot of real estate investors get their start by house hacking. House hacking is typically when you buy a multifamily property and rent out the other unit(s) to cover most or all of your mortgage payment. That is exactly what today's guest, Jordan Moorhead did. His first property was a duplex, which he rented one side and lived in the other and actually covered his entire mortgage plus had additional cash flow! With this strategy being so successful, he then repeated it multiple times with many BRRRRs along the way. You'll learn how Jordan quickly scaled his portfolio, his seller financing story, and why and how he cashed out his IRA to buy a property. Thanks to our sponsor Jasmine Mortgage Team! Get a free consultation with Jasmine at jasminemortgageteam.com. Follow Jordan on Social Media! IG: @jordan_moorhead Follow Alan on Social Media! @RealEstateMaxi Get the House Money Weekly Newsletter! housemoneymedia.com
Want to grow your real estate investing business and portfolio? You're in the right place. Welcome to the Property Profits Real Estate Podcast
Lindsay Lovell had an explosive, successful start in real estate investing. In just the first 18 months, Lindsay scaled from zero to 36 doors, reaching her goal of financial freedom along the way. She started with a focus on the BRRRR method and then quickly expanded into flips, STRs, joint ventures, and passive investments. Now, only two years later, her portfolio consists of 57 long-term rentals, 15 short-term rentals, and LP in 2 mobile home park syndications. Scaling this quickly involved leveraging various creative financing strategies, including hard money loans, tapping into equity from BRRRRs, forming relationships with local banks, and even utilizing a self-directed IRA and self-directed Roth IRA. With her portfolio spanning across multiple states, Lindsay has developed the skills to build teams and get traction quickly, allowing her to be successful investing in differing markets. Lindsay recently co-founded G-VI Capital Management, LLC, which has over $15M in assets within three funds under management. The unique opportunity that G-VI Capital Management offers to investors is access to all the benefits of investing in various markets, with a blend of vacation rentals and long-term rentals, without any of the workloads it takes to run rentals successfully. Additionally, Lindsay co-founded Wanderlust Stays, a co-hosting/vacation rental management company that oversees properties across the country. www.instagram.com/lindsayzanelovell www.facebook.com/lindsayzanelovell Watch Mike's free hotel case study at www.strsecrets.com/hotels. Connect with the Hosts Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin https://linktr.ee/the_airbnbguy Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin Watch Mike's free masterclass training on www.strsecrets.com/masterclass Learn more about your ad choices. Visit megaphone.fm/adchoices
Join Mike Cavaggioni with CJ Calio on the 187th episode of the Average Joe Finances Podcast. CJ shares his journey from residential to commercial properties and the mental and emotional challenges he faced to become a full-time investor.In this episode, you'll learn:Leveraging your portfolio using the different strategiesThe importance of mentorship in achieving financial success through real estateThe essential in building trust and successful partnershipsHow to expand comfort zones to be successfulAnd so much more!About CJ Calio:C.J. is an out-of-state investor specializing in cashflow and the buy-and-hold strategy. One of the tools he has used over the years to grow his portfolio to over 90 doors is the BRRRR method.He has now taken the experience and knowledge of doing the BRRRR in residential and carried it into commercial real estate. Since jumping into commercial real estate, he has added 8 commercial cash-flowing properties to his portfolio. Find CJ on:Website: https://wnnproperties.com/Facebook: https://www.facebook.com/wnnpropertiesInstagram: https://www.instagram.com/wnnproperties/Youtube: https://www.youtube.com/channel/UC4JunvMppOQqzpmtr0ZseagAverage Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://themikecav.comREWBCON: Join me at the Real Estate Wealth Builders Conference. Use promo code “Mike” to save 10% on tickets. https://averagejoefinances.com/rewbconImportant Tools and Resources that I UseFinancial Resources: www.averagejoefinances.com/resourcesCRM Tool: www.averagejoefinances.com/crmPay Off Your Mortgage in 5-7 Years:www.theshredmethod.com/averagejoefinanceshttps://bit.ly/replaceyourmortgageFind a REALTOR® in any state: www.averagejoefinances.com/realtorMake Real Estate Investing Easier with DealMachine:www.averagejoefinances.com/dealmachinePodcast Hosting: www.averagejoefinances.com/buzzsproutPodcast Editing Services: www.editpods.com*DISCLAIMER* www.averagejoefinances.com/disclaimerSee our full episode transcripts here: www.averagejoefinancespod.com/episodesSupport the show
Want to create both quick returns and steady income over the long term? Let's dive into this episode and unpack these two-combinations of a profitable strategy. Stephanie Perez has been actively involved in the Belleville, ON area with her real estate investing. Her mission is to provide quality housing for quality tenants, while at the same time providing an above average return on investment (R.O.I) for her investor partners and herself, a truly a win-win-win way of investing! In this episode, Stephanie helps us take a closer look at the advantages of combining BRRRR and student rental strategies, and how investors can make the most of this profitable combination. Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/ What you will learn from this episode for 18 minutes: Learn how to combine these two great strategies and earn more Compare the monthly cash flow turnout for having these two strategies to just having one Get a complete picture of the BRRRR process [including numbers] and how it eventually turn into a student rental that makes it a profitable investment Resources: Check out Stephanie's website: https://stephanieperez.ca/ Topics Covered: 02:37 - A backstory of how she got started in real estate 03:55 - Her first try at buying revenue properties and the average occupancy rates during wintertime 06:40 - What strategy is she focusing on this time [and what the BRRRR process look like for this property deal including the numbers-renos, holding costs, ARV] 11:43 - Turning this particular property [BRRRRed one] into a student rental [ the costs and how much it is cash flowing monthly] 12:21 - Student rental cash flow in comparison with the normal rental of a family house 13:38 - How she addresses issues on managing the students and what type of students is she bringing on 15:16 - Demographics of the foreign students she caters to 16:43 - What her next project is and bringing along with her venture partners 17: 38 - What her vision looks like when it comes to scaling her portfolio Key Takeaways: "There is an extremely high demand for student rentals at the moment. And they all come and they want to share rooms and they pay top dollar and they pay on time and they leave after three years." - Stephanie Perez “I am not buying anything that is rented.” - Stephanie Perez Connect with Stephanie Perez: Website: https://stephanieperez.ca/ Connect with Dave Dubeau: Podcast: http://www.propertyprofitspodcast.com/ Website: https://davedubeau.com/home Investor Attraction Workshop: http://www.investorattractionworkshop.com/ Facebook: https://www.facebook.com/thedavedubeau LinkedIn: http://linkedin.com/in/davedubeau
Twenty-eight rental units before turning twenty-eight years old? That takes some SERIOUS drive. But after talking to Jake Radawick, the whole story makes much more sense. Within three years, Jake built a rental property portfolio that brings in over $200,000 a year in rent and provides Jakes with a full-time salary's worth of passive income. But Jake wouldn't have done any of it if it weren't for his family—specifically his brother. Jake's older brother has been his “why” for as long as he can remember. He broke through barriers and was able to achieve what most thought impossible of someone with autism. This gave Jake the confidence to go after goals that others told him weren't achievable. And now, after three years, a lot of work, and some serious goals, Jake has a real estate portfolio that would have taken most investors decades to build. But it didn't come without its struggles. From financing blunders to pipes bursting and flooded basements, this episode will open you up to the realities of building a sizable rental portfolio. But, if you're willing to take risks like Jake, pivot when possible, and build a team of investing experts, you too could replace your W2 income with real estate profits in just a few years! In This Episode We Cover: How to build a sizable real estate portfolio in three years or less Knowing your “why” behind investing and why you NEED one to be successful How to save up for a down payment and why side jobs are a MUST when building wealth Live-in BRRRRs and capitalizing on equity to build your portfolio even faster Investing out of state and why balancing cash flow with appreciation is a must The “snowball” method that Jake used to buy properties faster than most investors What to do when no one will finance your loan and why you should always have a great relationship with your banker And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David's YouTube Channel Work with David Rob's BiggerPockets Profile Rob's YouTube Rob's Instagram Rob's TikTok Rob's Twitter Network with Other Investors at a BiggerPockets Meetup Book Mentioned in the Show: Buy, Rehab, Rent, Refinance, Repeat by David Greene Investing in Real Estate with No (and Low) Money Down by Brandon Turner SCALE by David Greene Connect with Jake: Jake's BiggerPockets Profile Jake's Instagram Jake's Facebook Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-746 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
The BRRRR method is one of the most celebrated, highly-effective real estate investing strategies the world has ever known. Never heard of it? BRRRR stands for “Buy, Rehab, Rent, Refinance, Repeat” and is a simple framework to allow any real estate investor, no matter their skill level, to get into real estate investing for no money at the end of the deal. This down payment recycling system allows you to use the same amount of cash to build a real estate portfolio that'll expand to infinity. And for a while, the BRRRR method was yet to be bested—until now. Janice Stitzer may have cracked the code. As a house-hacking California native, Janice was pushed out of the golden state right before the last crash when housing prices were high, cash flow was low, and traffic was at a standstill. She and her husband decided to boost their quality of life by relocating to Colorado, where they started a construction company and a BRRRR-ing empire. Then in 2008, when lending screeched to a halt, her BRRRRs died down. But some years later, a new idea hatched—the BRRRR 2.0. Using this simple strategy, Janice got a brand new short-term rental that cash flows like crazy, all while gaining $200K in equity before her first guest checked in. This repeatable system can be used by almost anyone and doesn't require much experience. With just five properties, this “BRRRR 2.0” investing style could make you a millionaire. But you won't know how it works if you don't tune in! So, stick around! In This Episode We Cover: The BRRRR 2.0 method and how it unlocks MASSIVE amounts of equity House hacking in expensive markets and the lowering your cost of living (even in LA) The BRRRR strategy explained and why it's still one of the most profitable ways to invest The five things to look for when developing land or investing in new construction Why you NEED a great general contractor at your side ANY time you plan on building Short-term rental investing and why the cash flow beats consistent long-term rentals And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David's YouTube Channel Work with David Rob's BiggerPockets Profile Rob's YouTube Rob's Instagram Rob's TikTok Rob's Twitter How to Succeed in Real Estate Investing Using the BRRRR Method 14 Questions to Ask Before You Hire a General Contractor 4 Vital Points to Consider BEFORE Getting Into New Construction Book Mentioned in the Show: Buy, Rehab, Rent, Refinance, Repeat by David Greene Connect with Janice: Janice's Instagram Janice's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-743 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
Catalin Maticiuc of Compass joins us to share a wonderful immigrant success story involving house hacks on the North Side and BRRRRs on the South Side of Chicago! Catalin talks about him immigrating to the United States and getting started in real estate! He speaks about the sleepless nights he had on his first house hack in Humboldt Park involving a FHA 203k loan to renovate that property. He goes on to talk about investing in Hegewisch, the adjacent neighborhoods, and why that model has worked for him. Catalin closes with motivating words on his goals and provides advice that investors of all experience levels will find useful! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Catalin Maticiuc, Compass Link: SUCI Ep 53 - CHA Roundtable Link: BRRRR Book by David Greene Link: Brandon Moulton (Renovo Financial) Link: Catalin's Instagram ----------------- Guest Questions 04:19 Housing Provider Tip: Be mindful that source of income has been added to the Fair 03:18 Housing Provider Tip: Be aware of tax filing requirements set by lenders! 05:01 Intro to our guest, Catalin Maticiuc! 06:56 Catalin talks about his start in real estate! 17:25 What did Catalin do after his first house hack in Humboldt Park? 22:04 How did Catalin start investing in Hegewisch? 33:30 How has Catalin been able to scale? 41:37 What are Catalin's next goals? 45:34 What is Catalin's competitive advantage? 46:44 One piece of advice for new investors. 47:33 What do you do for fun? 48:08 Good book, podcast, or self development activity that you would recommend? 49:14 Local Network Recommendation? 49:45 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.
This week's TalkingREI features a new comer to Twitter but he packs a ton of experience in BRRRR. Bruno Maluf runs a 7 figure wholesaling / construction company. Completing dozens of BRRRRs over the years. Giving him unique insight on the strategy. Here are his 5 BRRRR Commandments: 1.) Appeal to the Gods 2.) Do Not Sit On Your Hands 3.) Take Full Responsibility 4.) Timing is Everything 5.) Dealflow: The Lifeblood of Your Business Links: Bruno Maluf on Twitter: https://twitter.com/BrunoBuysHouses Bruno Maluf on Instagram: https://www.instagram.com/brunobuyshouses/ Steadily - Insurance Built for Investors https://resilientrei.steadilypartner.com Cash Flow University https://gumroad.com/a/963661011/ghprfw Signup for the Newsletter https://www.getrevue.co/profile/ResilientREI 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/
Learn how to locate and invest in assets that yield both appreciation and cash flow even when you're on active duty with Doug Spence in this episode as he details why he got into the real estate space as a Navy officer and how he chose which assets to invest in. Listen until the end to hear expert tips and resources that'll help you navigate today's real estate market.Key Takeaways to Listen forSimple investing strategies to help you start your real estate journeyAdvice on finding the right property managersHow to estimate and calculate rehab expenses for your rental propertyRV parks: What they are, how to locate good deals, and why they're real estate's next big thingHow much does an RV park cost, and what are its typical rate of returnsResources Mentioned in This EpisodeBiggerPocketsRich Dad Poor Dad by Robert T. Kiyosaki | PaperbackLong-Distance Real Estate Investing by David Greene | Paperback and Kindle The Military Millionaire PodcastReal Estate Investing Forums, Tips & Advice | BiggerPocketsBuy, Rehab, Rent, Refinance, Repeat by David Greene | Paperback and Kindle GoBundanceCampfire FundLoopNetCoStar Free Apartment Syndication Due Diligence Checklist for Passive Investor About Doug SpenceDoug Spence is an active duty US Navy officer and real estate investor from Houston, Texas. He is the founder of Honor and Equity, a thought leadership platform for educating military members and veterans about real estate investing. He is a co-GP on an RV park syndication fund that is buying RV parks throughout the sunbelt, and he has done multiple out-of-state BRRRRs and flips. He owns property in Florida, Wisconsin, Oklahoma, and California and has invested in various syndications as a limited partner. He lives in San Diego with his wife, Cait, and their son Calvin. Connect with DougWebsite: Honor & Equity Instagram: @honorandequityTwitter: @HonorandEquityTo Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GowYourShow.com and Schedule a call with Adam A. Adams
Ordinary Guys Extraordinary Wealth: Real Estate Investing and Passive Income Tactics
It's the 50th episode of The FasterFreedom Show, and Sam and Lucas (or should we say Luca$h?) have got a crowd in the studio to celebrate — and to bear witness to Lucas's rap that he promised if the show made it to episode 50. And made it they sure have. Not content to rest on their laurels, The FasterFreedom Show is dispensing more wisdom with their ‘first 4 steps to invest in real estate'. If you're looking to get into the property game, but just don't know where to start, then this one's for you. Plus, you'll get to hear Lucas honor his bet and rap like a real estate beast! You don't wanna miss it!“There is literally no excuse not to at least get a base level of knowledge. I'm not saying everybody has to be an expert before they invest, but there's no reason why, in my opinion, if you want to start wholesaling before you do your first deal, you shouldn't know the difference in assignment, and double close… and things like that you can find out super easily online.” - Sam Primm “To look bankable is an important part of the BRRRRs strategy.” - Lucas Walls In this Episode:-Setting your goals-Where to get your knowledge from-Going out and meeting people -Go to your local meet-up and network!-Get your money right!-Getting good mentorship-Lucas does an awesome real estate rap! And more!Song Beat Reference:Dope Slow melodic trap Beat 2020 | EGO | by Flow Beatshttps://www.youtube.com/watch?v=Xg7orUV2UZIConnect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok
Today's Guest: Taylor Loht Taylor is a real estate investor focusing on multifamily apartments and self-storage properties. To date, he has acquired, partnered on, or otherwise had a hand in over $150 million dollars in commercial real estate deals. He has made it his mission to help others learn how to escape Wall Street and build wealth on Main Street. Highlights From The Show: We begin the episode with Taylor sharing his background story and how he ended up in real estate. He shares that he invests in commercial multifamily and self-storage. His investment journey started a decade ago after graduating from college and finding a job. The first investing book he read was The Intelligent Investor by Benjamin Gram, and it got him started in the stock market. After doing well for a few years, he realized that it was not going to produce financial freedom for him. Taylor wanted to make more money, and through exploration and listening to real estate podcasts he was led to Rich Dad Poor Dad by Robert Kiyosaki. The book highlighted the big expense of pursuing an MBA that he wanted and the power of passive cash flow through real estate investing. Taylor decided to get on the real estate path, which took 2 years to get things going and figure out what he wanted to do in the space. We then talk about where Taylor started investing in real estate. Taylor shares that he is an introvert, but the first thing he did to get into real estate was networking. It was a big struggle for him, but Taylor went to local realtors and started learning about their strategies. He kept on digging, meeting with wholesalers, flippers, and single-family investors, and ultimately what gave him the spark was investing in large multi-family, and he dove into it. Taylor shares that the space was exciting, and he had big goals but didn't have the money to get involved in these kinds of deals. He started out by learning about syndication and how people closed big deals when they didn't have all the money, and he set out to get involved. Taylor didn't know what that would look like, but he hired a coach and started networking, building his own brand, going to conferences, and, ultimately, starting a podcast. Next, we talk about how to find multifamily deals and raise money when you have no experience in the space. Taylor shares that the first step is working on your limiting beliefs and aligning yourself with people with the experience. You can do this by getting them on your team or by getting on their team. According to Taylor, no matter the type of deals you're doing, real estate is a relationship and network-driven business. Whether you are doing flips, BRRRRs, or large multifamily deals, who you know is definitely a big part of doing business effectively. People are more willing to partner with people who they know, who can deliver, and who have mutual and shared interests. It is vital to find people who have the experience you need and who you can work with on any given deal to leverage their experience. We then discuss how and where to start investing in multifamily. Taylor shares that it's a personal decision; you must know yourself, your willingness, and what you want. He recommends that you go for what you want, whether it's single-family or small multifamily. Regardless, there is money to be made, but he advises not to get stuck there if you want to scale up. He shares that there are people who are killing it and making big money in different ranges, including in small and mid-size multifamily. According to Taylor, investing in real estate comes back to individual preference and how you want to attack the strategy. However, if you are looking to go straight to big multifamily investing, it's also possible. Taylor recommends you find a syndicator and work for them or a thought leader in the space to learn, build your experience, and network to make progress. Lastly, we talk about how to find deals in the multifamily space. Taylor shares that you can find them off-market, but they often go through brokers. In the time he has been in the space, Taylor shares that he has done a handful of deals that didn't use a broker to negotiate or handle the transaction. The deals came about through building relationships at conferences, not sending emails or offers to people, and getting responses. According to him, if you are interested in building off-market deal flow in the commercial real estate space, there are enormous opportunities in self-storage and small and mid-multifamily properties still owned by individual investors. However, in the bigger space, it's pretty much brokerage. Make sure you don't miss another amazing episode of the Just Start Real Estate Podcast with Taylor Loht and get valuable information on how to get started in multifamily! Notable Quotes: “Syndication is not a no-money down type of game.” Taylor Loht “Property managers shouldn't have ownership in the property. You should be able to terminate them in case of a problem.“ Taylor Loht “Asking people what they need is a great way to get them to talk to you even if they don't need anything and then you get the experience you want from them.” Mike Simmons Thank You for Listening! Connect with Mike on Twitter, Instagram, YouTube, Linkedin, Facebook Help Out the Show: Leave an honest review on iTunes. Your ratings and reviews really help, and I read each one. Subscribe on iTunes. Resources and Links From Today's Show: Passive Wealth Strategy Passive Wealth Strategy Podcast Passive Real Estate Course Taylor on Facebook More Resources From Mike: Level Jumping: How I Grew My Business to Over $1 Million in Profits in 12 Months WINNING DIRECT MAIL - How to CRUSH IT with direct mail! 7 Figure Investor Video Course - Scale your business to 7 figures. I'll show you how!
Foreclosures have slowly been creeping up as real estate values get hit hard. With home prices dropping and a tough economic forecast ahead, could a wave of foreclosures be on the horizon? If so, who will this affect the most—residential real estate investors like Ashley and Tony or commercial real estate investors with their million-dollar multifamilies? We'll get into what exactly could happen in this week's Rookie Reply!Ashley and Tony have taken four very different questions this week, directly from real estate rookies like you! They touch on how an upcoming foreclosure crisis brings an opportunity to real estate investors, who covers closing costs and where to find a purchase and sale agreement, home appraisals explained, and how to get funding for your home renovation or rehab! These answers are crucial if you're looking to invest in 2023, so make sure you tune in!If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group! Or, call us at the Rookie Request Line (1-888-5-ROOKIE).In This Episode We CoverCould flipping be in danger as interest rates rise and foreclosures start to increase?Where to find a purchase and sale agreement when buying an off-market dealWho pays closing costs and how to negotiate for better terms with a sellerHome appraisals explained and how to ensure the appraiser gives your home the highest value possibleFunding renovations for BRRRRs and flips, and creative ways to finance your dealsAnd So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentReal Estate Rookie Facebook GroupReal Estate Rookie PodcastBiggerPockets ForumsOn The Market PodcastLegaltemplates.netBiggerNews March: How a Surge of Foreclosures Will Impact the Housing Market w/Auction.com's Daren BlomquistConnect with Ashley and Tony:Ashley's InstagramAshley's BiggerPockets ProfileTony's InstagramTony's BiggerPockets ProfileCheck the full show notes here: https://www.biggerpockets.com/blog/rookie-242Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Knowing how to buy a rental property is one thing, but coming up with the money is another. This is the constant struggle real estate investors find themselves in. When they have cash, there aren't enough deals. When they have deals, there isn't enough cash. This catch-22 usually puts investors in a spin cycle, never pulling the trigger on their first or next deal. But, it doesn't have to be this way. With the right mindset, you can find the money to purchase more rental property, even if you've run out of options.This is what expert investor, David Greene, refers to as his capital “carrot,” or the thing that allows him to find (and make) more money to buy even more real estate. And it's just one of the topics in today's Seeing Greene show. In this episode, David takes a live call from Garrett, who's struggling with whether or not to sell or keep his first deal. We also get questions about BRRRRing with high interest rates, where to find medium-term rental tenants, and how to find a realtor in a brand-new market.Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he's going live so you can hop on a live Q&A and get your question answered on the spot!In This Episode We Cover:The house hack “savings” that turn a dud into a screaming real estate dealWhether or not keep or sell a rental even if you're not making much from itHow to buy BRRRRs in today's high-interest rate environment Dominating a market as a brand new real estate agent or realtorWhere to find medium-term rental tenants and common short-term rental regulationsHow to find a rockstar real estate agent when investing out of stateAnd So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastBiggerPockets MerchListen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaDavid's BiggerPockets ProfileDavid's InstagramGet Real Estate Investing Data, Guides, and ResourcesUse the BiggerPockets Rental Property Calculator on Your Next DealBiggerPockets Podcast 679 with Zeona and Sarah (Medium-Term Rentals)BiggerPockets Podcast 680 with Mark Simpson (Short-Term Rentals)Books Mentioned in the ShowSOLD by David GreeneSKILL by David GreeneMultifamily Millionaire Volume 1 by Brandon Turner & Brian MurrayMultifamily Millionaire Volume 2 by Brandon Turner & Brian MurrayLong-Distance Real Estate Investing by David Greene30-Day Stay by Zeona McIntyre & Sarah WeaverClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-687Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
CarrotCast | Freedom, Flexibility, Finance & Impact for Real Estate Investors
Want guerilla marketing ideas from one of the most creative real estate marketers around? How about the 7 marketing channels that are crushing it for this wholesaling duo? Today, you get both. Martin & Lyn are among the top real estate investors in eastern Canada. We talk about how to market & stand out more creatively, for less money, from free marketing to TV ads, billboards, and more. If you missed part 1, make sure to listen to episode 380.What'd you think of this episode? Let me know at brady@carrot.com.Catch more at CarrotCast.comMentioned in this Episode:Martin's Instagram: @ItsMartinMeiLyne's Instagram: @LyneSaighiMeily Property Solutions Instagram: @MeilyPropertySolutionsProofly.io for higher conversionhttps://matterport.com/Mailchimp.com for cheap email automationAbout Martin & Lyn: Martin and Lyne are two Canadians that left their lives behind in Montreal to invest in New Brunswick full-time in March 2021 after witnessing the significant cash flow potential there. With an integrated marketing strategy to source leads, in just over a year, they have done over 40 off-market property acquisitions, focusing on wholesaling, BRRRRs and JVs. Now expanded to a team of 16, and having become one of the top producers of off-market opportunities in the east coast, they are working on building a 7-figure wholesale business. They are also working on levelling up their 40+ door portfolio to multi-family and commercial assets.
Hotel investments, big BRRRRs, and some mind-boggling cash flow are coming up on this Deal Deep Dive with our very own Rob Abasolo. For almost the entirety of Rob's short-term rental investing career, he's preached the good gospel about how small, mom-and-pop-owned vacation rentals are the way of the future. The secluded single-family rental, log cabin, or treehouse were some of Rob's most impressive and profitable investments. But now, he's taken a step in a whole different direction.Rob doubled his rental property portfolio almost overnight, going from fifteen units to thirty-five by purchasing a twenty-unit hotel/motel mix in beautiful Upstate New York. Without much experience running anything on that scale, Rob and his partners went to work trying to figure out how to turn this mess of a motel into a profitable, high-value vacation destination. He faced some serious hurdles, from canceling on guests to fixing a literal hole in the middle of the property, but found a way to make it work.Once the renovations are complete, Rob will walk away with an almost unbelievable amount of yearly cash flow, a seven-figure increase in equity, and a scalable system that will let him do these types of deals more often than he thought. Want to hear the nitty gritty so you can tackle something as lucrative as this? Sit back, relax, press play, and prepare for your next big property purchase! In This Episode We Cover:Transitioning from single-family rentals to multifamily vacation rental investments Hotel hurdles and what you should know before investing in a multi-unit short-term rentalBig BRRRRs and how to revive a rental property that has serious deferred maintenance How to find contractors when you're in a low-population investing areaThe right way to transfer ownership after you've bought a not-so-straightforward propertySeller financing and getting deals with lower interest rates and far more flexible lendingAnd So Much More!Links from the ShowBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastGet Your Ticket for BPCon 2022Listen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaDavid's BiggerPockets ProfileDavid's InstagramRob's BiggerPockets ProfileRob's YoutubeRob's InstagramRob's TikTokRob's TwitterOur Interview with Heather Blankenship on RV Park InvestingAre There Opportunities in Hotel Investing in 2022?Struggling to Find a Stellar Contractor? Try These 9 Pro TipsThe Definitive Guide to Using Seller Financing to Buy Real EstateWatch Rob's Video on This PropertyClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-660Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
BRRRRs, property classes, raising capital questions and more are in this episode of Seeing Greene! As always, your investor mentor, top agent, and shiny-headed host of the BiggerPockets Podcast is back to walk through real-life questions and examples brought to him directly from listeners just like you. This episode walks through a lot of the struggles new and intermediate investors have when trying to scale. So even if you've got one unit (or none), you're probably in one of our guest's positions.Investors all over the country are enjoying the spoils of this hot real estate market and need to know the next best move to make. In today's show, David touches on topics like how to scale when you feel overleveraged, the four hurdles that stop investors from building portfolios, how to tell whether a rental is an a, b, or c-class property, whether or not to raise money on your first big deal, and why every BRRRR needs to start backwards.If you heard a question that resonated with you or you'd like David to go more into detail on a certain topic, submit your question here so David can answer it on the next episode of Seeing Greene. Or, follow David on Instagram to see when he's going live so you can hop on a live Q&A with the bald builder of wealth himself!In This Episode We Cover:The four things that slow investors down when building their real estate portfolioHow to know your “property's personality” so you can get better tenants and equity gainDefining property classes and what to do if a property and neighborhood class mixSelling off your rental properties to buy bigger deals vs. raising private capitalWhy real estate is easy in theory but difficult in practiceThe single best strategy for every new real estate investor to start withAnd So Much More!Links from the ShowBiggerPockets Youtube ChannelBiggerPockets Rent EstimatorBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreSubmit Your Questions to David GreeneBiggerPockets Podcast 569: Rich Dad's CPA Shares 5 Steps to Eliminate Income Taxes through Real Estate w/Tom WheelwrightBiggerPockets Podcast 534: Seeing Greene: Should I Buy Now or Wait for a Market Cool-Off?BiggerPockets Podcast 513: Seeing Greene: BRRRR 101 – Loans, Deals, & Cash Flow —BiggerPockets Podcast 501: Seeing Greene: How Soon Can I Refi? + 11 Other Real Estate QuestionsBiggerPockets Podcast 558: Seeing Greene: Cash Flow—The Most Overrated Metric in Real Estate?BiggerPockets Podcast 567: Seeing Greene: Finding Cash Flow, Refinancing Sooner, & NNN PropertiesBiggerPockets Podcast 571: Is This Deal Worth My Time? The 6 Crucial Steps to Vet a Multifamily DeaBiggerPockets Podcast 582: Seeing Greene: Investing in Paradise, Timing the Market, and House HackingDavid Greene TeamClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-585See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.