Podcast appearances and mentions of bryan chavis

EPISODE 150: Many inexperienced real estate investors don't think beyond acquiring property, and that's why they get burned.  They overlook the fundamentals, the very basics of business, and fail to turn their side hustle into a sustainable, well-oiled machine.  That's why I've invited Bryan Chavis, author of the Simon & Schuster bestseller 'Buy It, Rent It, Profit,' to the show today! Bryan is a property management and acquisition specialist. Having successfully managed thousands of multi-family communities, he decided to open his own education and consulting firm.  In this episode, we discuss the importance of operational efficiency, real estate education, and resilience. Bryan also shares the story of his personal health struggles, which wiped him out at the height of his career and forced him to start over from scratch.  Tune in!   Key Takeaways:   00:00:00 Intro 00:03:37 How Bryan got published with Simon & Schuster 00:07:55 Hustle makes lucky 00:11:18 The importance of good operations 00:14:30 Bryan's battle with a brain tumor  00:24:35 Teaching people in the real estate space 00:28:26 Operations is key  00:35:48 Outro   —   Get in touch with Bryan Chavis:

Bryan Chavis, a Simon & Schuster Best Selling Author and award-winning Apartment Syndicator, is a seasoned real estate investor, property manager, and educator. Through The Buy It Rent It Profit Education™️, which he leads, he has trained over 50,000 landlords with a recognized property management certification. Chavis started his career playing basketball, transitioned to real estate after his time in the NBA development league, and successfully reinvented himself. He started with leasing apartments and eventually began teaching others how to succeed in the field, setting the foundation for Buy It Rent It Profit Education™️. Chavis' life took a dramatic turn in 2012 when he was diagnosed with a serious brain tumor, forcing him to relearn basic life skills. Today, through his best-selling books "Buy It, Rent It, Profit!" and "The Landlord Entrepreneur," and through his educational programs, Chavis equips landlord entrepreneurs with the tools they need to succeed in real estate investing. His programs emphasize tenacity, savvy business acumen, and the importance of a proven blueprint for success in real estate. This podcast brings you Chavis' wealth of knowledge, inspiring journey, and essential strategies for triumph in the challenging world of real estate. Get ready to learn about:

We had over 40 book recommendations in our 40 episodes of 2022. Host Jamie Bateman recaps all the guests we had on the show this year, the adversities they overcame, and the books that helped them become the people they are today despite all the odds stacked against them. Tune in to start curating the game-changing 2023 reading list that will help you find and create abundance in your life. Tune in to discover the book recommendations that helped our guests overcome these adversities:(00:00) Rewind of 2022 and 2023 plans for the show(09:06) From homelessness to financial freedom (Mark Owens) or A book that took him from prison to financial independence (Mark Owens)(11:20) Mindset you need to win the Superbowl (Ryan Harris)(12:42) Going from average to remarkable (Chris Seveney) or Managing your energy through the day (Chris Seveney)(14:50) Overcoming a massive financial struggle (Matt Fore)(15:53) Getting to relationship wealth (Fuquan Bilal)(18:06) Suddenly becoming a parent (Shante Duffy)(18:43) Overcoming hidden trauma in 40 days (Dr. Terrence Johnson)(19:41) Becoming an investor after divorce debt (Brent Bowers)(21:17) Escaping extreme poverty (Luis Miranda)(22:49) Unexpected pregnancy and financial adversity (Beth Boisseau-Coots)(24:25) Losing 75 pounds (Matt Izzo)(26:33) Losing friends and parents early in life (Chris Larsen)(27:41) Job insecurity (Emma Powell)(28:44) Men's divorce experience (Marcus Ross) or Divorce challenges men go through (Marcus Ross)(30:22) Drugs and crime to real estate investor (David Dodge)(31:30) Leaving scarcity mindset behind (Dan Haberkost)(32:57) Coming to the US with $0 and no connections (Maricela Soberanes)(35:01) Starting a business from a wheelchair (AJ Osborne)(36:28) Walking away from a 7-figure job (Kevin Dahlstrom)(37:38) Playing for the US Amputee Hockey Team (Brian Davies)(38:23) Buying an island (Britnie Turner)(39:12) Near-death experience in Iraq (John Kriesel)(40:06) Losing eyesight and hearing in Afghanistan (Aaron Hale)(41:15) Crushing end to baseball career and losing your identity (Joshua Kalinowski)(43:01) Surviving pancreatic cancer (Josh Cantwell)(44:06) Untangling your identity from your net worth (Mark Podolsky)(45:05) From selling candy to consulting (CEO Matty J)(45:39) Financial freedom in 3 years (Bryce Robertson)(46:04) Overcoming liver cancer (Nate Costa)(46:22) Clarity and purpose after a brain tumor (Bryan Chavis)(46:43) Surviving a plane crash (Clint Fiore)(47:27) Million-dollar exit after bankruptcy (Brecht Palombo)(48:49) Motorcycle accident and business crash (Aaron Chapman)(49:55) Getting fired from the NHL (Justin Roethlingshoefer)(50:55) From $30K per year to a 7-figure exit (Bry Shields)(51:58) Becoming an Ironman Athlete (Matt Izzo)(52:59) From a shed in Mississippi to generational wealth (James Webb)Links Podcasts I mentionedGood Deeds Note Investing PodcastIce Cream With Investors Podcast Book Recommendations You Can If You Think You Can by Dr. Norman Vincent PealeWill by Will SmithMindset for Mastery: An NFL Champion's Guide to Reaching Your Greatness by Ryan HarrisThe Power of When: Discover Your Chronotype - and the Best Time to Eat Lunch, Ask for a Raise, Have Sex, Write a Novel, Take Your Meds, and More by Michael Breus Next-Level Income: How to Make, Keep, and Grow Your Money Using the "Holy Grail of Real Estate" to Achieve Financial Independence by Chris LarsenLast Lecture by Randy PauschHow to Invest in the Stock Market: The Complete Guide for Beginners (Books on Investing in Stocks) by Tim Morris The Obstacle Is the Way: The Timeless Art of Turning Trials into Triumph by Ryan HolidayClaim Your Power: A 40-Day Journey to Dissolve the Hidden Trauma That's Kept You Stuck and Finally Thrive in Your Life's Unique Purpose by Mastin Kipp The Wealthy Gardener: Lessons on Prosperity Between Father and Son by John Soforic The 7 Habits of Highly Effective People: Powerful Lessons in Personal Change by Stephen R. CoveyRich Dad, Poor Dad by Robert T. Kiyosaki The Lost Secret by Monica Main The Slight Edge by Jeff Olson Think and Grow Rich by Napoleon HillNonviolent Communication: A Language of Life: Life-Changing Tools for Healthy Relationships (Nonviolent Communication Guides) by Marshall B. Rosenberg Ph.D. and Deepak ChopraThe High-Performance Planner by Brendon BurchardBusiness for Life - Grow Your Business for a Fulfilling Life by Matt AldertonDeep Simplicity: Bringing Order to Chaos and Complexity by John GribbinSapiens: A Brief History of Humankind by Yuval Noah HarariThe Millionaire Next Door: The Surprising Secrets of America's Wealthy by Thomas J. StanleyAnna: The Biography by Amy OdellBrothers Forever: The Enduring Bond between a Marine and a Navy SEAL that Transcended Their Ulmate Sacrifice by Tom Sileo and Tom ManionI am Young by M. DeanPlay the Man by Mark PattersonCapital Crusaders - Long Term Planning To Legally Reduce Your Taxes Every Year by Todd Mardis Dan Sullivan Atomic Habits by James Clear The Second Mountain by David Brooks Derek Sivers Howard MarksThe Pocket Guide to High Ticket Selling by Dan Henry Secrets of a Millionaire Mind by T. Harv Eker Good to Great by Jim Collins Traction by Gino Wickman The Book of Five Rings by Miyamoto MusashiBuy it, rent it, profit! By Bryan Chavis The Richest Man in Babylon by George Samuel ClasonThe 4-Hour Work Week by Tim Ferris Outwing the Devil by Napoleon Hill The Master Key System by Charles F. Haanel In Your Purpose is Calling: Your Difference is Your Destiny by Dharius DanielsCan't Hurt Me: Master Your Mind and Defy the Odds by David GogginsFrom Scarcity to Abundance: The Story of an Entrepreneur Who Used Family Wisdom to Break the Chains of Scarcity to Create a Life of Abundance by Maricela SoberanesStill Standing: The Story of SSG John Kriesel by John KrieselRedneck Resilience: A Country Boy's Journey To Prosperity by James Harold Webb Follow Labrador LendingWEBSITE: https://labradorlending.com/LINKEDIN: https://www.linkedin.com/company/71512077/admin/FACEBOOK: https://www.facebook.com/labradorlendingTWITTER: https://twitter.com/LabLendLLCINSTAGRAM: https://www.instagram.com/labradorlendingllc/YOUTUBE: https://www.youtube.com/channel/UChYrpCUlqFYLy4HngRrmU9QTIKTOK: https://www.tiktok.com/@labradorlendingllc?lang=enConnect with JamieLINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/ TWITTER: https://twitter.com/batemanjames INSTAGRAM: https://www.instagram.com/batemanjames11/ WEBSITE: https://labradorlending.com/ Investment OpportunityAre you an accredited investor interested in monthly cash flow from an investment backed by physical real estate?Our income fund--which is uncorrelated to publicly traded stocks and bonds--invests in first-lien mortgage notes diversified by geography, property value and borrower type. The fund aims to pay its investors monthly distributions at a preferred rate of return of 8% annually. And possibly the best part? The fund showcases a short, 12-month commitment.Check it out today! https://investors.appfolioim.com/labradorlending/investor/public_opportunities/5

On Christmas Eve 2012, Bryan Chavis' life changed forever. Bryan--a highly successful real estate business owner and author -- had a seizure at Disney World and found out he had a brain tumor on his motor cortex. Bryan has had a long, hard-fought battle involving chemo and many subsequent seizures. Through this extreme health challenge and the sacrifices involved in trying to keep his real estate business afloat, Bryan has had a tough journey. But through it all, he has gained an incredible sense of purpose, passion, and clarity.Bryan Chavis is a multifamily real estate investor, consultant, and coach. Before being diagnosed with a brain tumor, Bryan had perceived his life to be where it ought to be but dealing with this adversity allowed him to realize he could do so much more. Bryan takes Jamie through his trial moments and how he changed the story for himself and his business, and now watches as his books claim spots in major libraries and bookstores.“Having one foot in the grave and the other on a banana peel.”“Keep moving forward.”Tune in as Bryan and Jamie talk about:A typical week in the life of Bryan Chavis.Bryan's appreciation for David GogginsOvercoming adversity in school but becoming a best-selling author.His life changed on Christmas Eve, 2012.How Bryan had a seizure and found out he had a brain tumor.How his options looked bleak, and Bryan consider whether life was worth living.How one surgeon was able to make his future bright again.His inspiring recovery journey involving chemo and a lot of work.Massive amounts of reflection and testing of his faith.How this adversity gave him clarity about the value of life and his ability to live with greater impact.How suffering leads to character, discipline, clarity, and leadership.The benefits of living with a structured schedule and priorities.Making sacrifices and devoting time for growth, faith, family, and golf.The value of hard work.The 5 phases of investing.A peek into Bryan's upcoming book.Overcoming the challenges faced in multifamily real estate investing.The value of this podcast.Books and ResourcesSimon & Schuster best-selling book, Buy it, rent it, profit! By Bryan Chavis.The Book of Five Rings by Miyamoto Musashi, a Japanese swordsman.Connect with BryanINSTAGRAM: https://www.instagram.com/bryan.chavis/YOUTUBE: https://www.youtube.com/channel/UCZv4PILGM40rsaydZPWwBGgIf you would like to schedule a strategy call, check out www.buyitrentitprofit.com.Support Labrador LendingWEBSITE: https://labradorlending.com/LINKEDIN: https://www.linkedin.com/company/71512077/admin/FACEBOOK: https://www.facebook.com/labradorlendingTWITTER: https://twitter.com/LabLendLLCINSTAGRAM: https://www.instagram.com/labradorlendingllc/YOUTUBE: https://www.youtube.com/channel/UChYrpCUlqFYLy4HngRrmU9QTIKTOK: https://www.tiktok.com/@labradorlendingllc?lang=enConnect with JamieLINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/TWITTER: https://twitter.com/batemanjamesINSTAGRAM: https://www.instagram.com/batemanjames11/Investment OpportunityAre you an accredited investor interested in monthly cash flow from an investment backed by physical real estate? Our income fund-- which is uncorrelated to publicly traded stocks and bonds--invests in first-lien mortgage notes diversified by geography, property value and borrower type. The fund aims to pay its investors monthly distributions at a preferred rate of return of 8% annually. And possibly the best part? The fund showcases a short, 12-month commitment. Check it out today!https://investors.appfolioim.com/labradorlending/investor/public_opportunities/5

In addition to participating in the acquisition process, asset managers typically play a role in positioning properties for disposition. In this episode, Bryan explains how focusing on exit strategies puts asset managers in a better position to help prepare properties for sale. JOIN OUR APARTMENT INVESTING COACHING PROGRAM Multifamily Matrix: https://multifamilymatrix.com LET CONNECT

Encouraging acquisition specialists and asset managers to work together in a collaborative manner is not always an easy task. In this episode, Bryan Chavis discusses how to prevent acquisitions teams from getting prematurely "locked-in" on deals and explains how asset managers can help acquisition specialists make data-driven decisions. JOIN OUR APARTMENT INVESTING COACHING PROGRAM Multifamily Matrix: https://multifamilymatrix.com LET CONNECT

Collaboration between asset managers and their peers is perhaps most critical on the front end of a deal. In this episode, Bryan talks about how asset managers differ from acquisition specialists and their importance in underwriting. Then we discuss how to create effective communication between acquisition specialists and asset managers. Finally, Bryan explains how to limit the risk of shoddy underwriting when pursuing real estate investment opportunities. JOIN OUR APARTMENT INVESTING COACHING PROGRAM Multifamily Matrix: https://multifamilymatrix.com LET CONNECT

Whether we like it or not, adversity is part of life. We will be facing many challenges and of course, we will be having successes. In this Highlights episode, we look back at our meaningful and inspiring conversations with Bryan Chavis and  Nick Prefontaine.Bryan is a cancer survivor who found success in training and educating people in real estate syndication. He creates a certification program as he emphasizes the need for syndicators to master their craft. Meanwhile, Nick shares how he survived a near-death experience. He also talks about the lessons he learned which helped him to push forward and be successful in real estate. Tune in now and be inspired!

Bryan has spent the last two decades building successful real estate ventures. His best-selling books “Buy it, Rent it, Profit” and “The Landlord Entrepreneur” are considered essential guides for investors looking to build lasting wealth through multifamily real estate.  Bryan is also the runner of a private equity firm called “Chavis Capital” and he also launched “The Multifamily Metrics Academy” which is all about coaching and consulting to help leaders get into the real estate space with their certification. Let's dive right in to learn more about the five phases that you must master and Bryan's approach to systems and procedures.  Announcement: Download Our Sample Deal and Join Our Mailing List   [00:01 – 05:24] Opening Segment  Bryan talks about his background and where his focus has consistently been The five phases of real estate that you have to master. Why implementation is so important. What you need for success. [05:24 – 17:20] Why Procedures are important. Being proactive with the residents. How to stop and pay attention to what's happening. Some of the steps to do when taking over a property. Why having procedures in place is so important at the beginning Making sure that you have systems and having steps to go forward. Getting your team to document all the steps and analyzing what's not working. [17:20 – 22:55] The Multifamily Metrics Different ways to look at deals Implementation and stabilizing your properties. More about the operational side of the business. Bryan's outlook for the future of real estate What you need to pay attention to for the future. Bryan's podcast Buy The Block [22:55 – 40:40] Bullseye Round Apparent Failure:The challenge of overcoming a brain tumor.   Digital Resource:redIQ   Most Recommended Book: The Richest Man in Babylon   Daily Habit:Meditation   Curious About:A Iot   Best Place to Grab a Bite in Tampa:Many places in Downtown - Tampa   Contact Bryan: You can connect with Bryan on Linkedin, or on his website and learn more about The Multifamily Metrics at www.multifamilyinvestingacademy.com   Tweetable Quotes: “The model, the systems, the operations - that is what you've got to master.” - Bryan Chavis “If you are not thinking about the operations and you are leaning on someone else's understanding then this foundation has been built on sand - Bryan Chavis Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING AND REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.

Seven million people are still behind on their rent, according to the Census Bureau. An eviction moratorium from the Centers for Disease Control and Prevention is set to expire at the end of the month. JOIN OUR APARTMENT INVESTING COACHING PROGRAM Multifamily Matrix: https://multifamilymatrix.com LET CONNECT

Real estate management, as a business, is based on relationships with property owners—relationships that must be established, nurtured, and maintained. Most management arrangements are entered into with both parties intending to establish a long-term relationship. Over time, however, any relationship can become strained. The fact that the real estate being managed is a source of income for both the owner and the real estate management company subjects real estate management relationships, in particular, to possible misunderstandings. JOIN OUR APARTMENT INVESTING COACHING PROGRAM Multifamily Matrix: https://multifamilymatrix.com LET CONNECT

One of the requirements for becoming a CERTIFIED RENTAL INVESTMENT SPECIALIST® is to prepare a management plan for a property. This plan is the most comprehensive tool available to enables real estate professionals to demonstrate their ability to apply property management and asset management theory, principles, and techniques to an actual property. The skills achieved in successfully completing a management plan can be used as you prepare this plan of action for existing clients. take on the management of new properties, or make proposals to potential clients regarding how you would meet their goals as a real estate manager. The underlying philosophy of the Multifamily Matrix is that a property is best managed when managed by plan. JOIN OUR APARTMENT INVESTING COACHING PROGRAM Multifamily Matrix: https://multifamilymatrix.com LET CONNECT

Bryan Chavis doesn't just talk the talk, he walks the walk. Let's explore his story, best-selling books, and adventures for a deeper dive into the expertise that makes Bryan the world's most trusted voice in multifamily real estate investing. [00:01 – 03:53] Opening SegmentInsight into the episodeBryan's backgroundGetting his start in multifamilyDiscovering the world of curriculum, education, and trainingProducing best-selling books[03:54 – 14:29] The Story of The World's Most Trusted Voice in Multifamily Real EstateUnderstanding your “why” to make your journey more purposefulThinking about your purpose in building wealthWhat really holds you back from realizing who you want to be[14:30 – 19:12] Final Four SegmentBryan's advice to aspiring investorsSet your goals high and achieve them How he stays on top of his gameHis way to make the world a better placeReach out to our guest– see links belowFinal wordsTweetable Quotes:“Life is always gonna present a set of challenges.” - Bryan Chavis“Set your goals high, get focused, and achieve them.” - Bryan Chavis“You have to be well-grounded, and I think a great mix of being spiritually and mentally grounded is key.” - Bryan Chavis“Life's gonna give you its lessons, and you have to understand your “why”. Because when you understand your why, and you're rooted in your why, it makes the journey much more purposeful.” - Bryan Chavis“Just go out there and do it. Set your goals, believe that you can, and make it happen.” - Sam WilsonResources Mentioned: ------------------------------------------------------------------------------------------Connect with Bryan, visit https://bryanchavis.com/ and https://www.multifamilymatrix.com/ Check out his Podcast Buy The Bock with Bryan Chavis, and Subscribe to his Youtube ChannelConnect with me:I love helping others place money outside of traditional investments that both diversify strategy and provide solid predictable returns.Call: 901-500-6191FacebookLinkedInLike, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in! Email me --> sam@brickeninvestmentgroup.com

Bryan Chavis doesn't just talk the talk, he walks the walk. Let's explore his story, best-selling books, and adventures for a deeper dive into the expertise that makes Bryan the world's most trusted voice in multifamily real estate investing. [00:01 – 03:53] Opening SegmentInsight into the episodeBryan's backgroundGetting his start in multifamilyDiscovering the world of curriculum, education, and trainingProducing best-selling books[03:54 – 14:29] The Story of The World's Most Trusted Voice in Multifamily Real EstateUnderstanding your “why” to make your journey more purposefulThinking about your purpose in building wealthWhat really holds you back from realizing who you want to be[14:30 – 19:12] Final Four SegmentBryan's advice to aspiring investorsSet your goals high and achieve them How he stays on top of his gameHis way to make the world a better placeReach out to our guest– see links belowFinal wordsTweetable Quotes:“Life is always gonna present a set of challenges.” - Bryan Chavis“Set your goals high, get focused, and achieve them.” - Bryan Chavis“You have to be well-grounded, and I think a great mix of being spiritually and mentally grounded is key.” - Bryan Chavis“Life's gonna give you its lessons, and you have to understand your “why”. Because when you understand your why, and you're rooted in your why, it makes the journey much more purposeful.” - Bryan Chavis“Just go out there and do it. Set your goals, believe that you can, and make it happen.” - Sam WilsonResources Mentioned: ------------------------------------------------------------------------------------------Connect with Bryan, visit https://bryanchavis.com/ and https://www.multifamilymatrix.com/ Check out his Podcast Buy The Bock with Bryan Chavis, and Subscribe to his Youtube ChannelConnect with me:I love helping others place money outside of traditional investments that both diversify strategy and provide solid predictable returns.Call: 901-500-6191FacebookLinkedInLike, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in! Email me --> sam@brickeninvestmentgroup.com

The operating expense ratio (OER) is very common in real estate analysis, whereby analysts are measuring the costs to operate a piece of property versus the income it generates. Why the Operating Expense Ratio Matters Operating expenses are costs associated with running a business's core operations on a daily basis. Thus, the lower a company's operating expenses are, the more profitable it generally is. Over time, changes in the OER indicate whether the company can increase sales without increasing operating expenses proportionately (i.e., if the business is scalable). In multifamily real estate, companies can compare properties by using the ratio. JOIN OUR APARTMENT INVESTING COACHING PROGRAM Multifamily Matrix: https://multifamilymatrix.com LET CONNECT

When evaluating an investment property, your first job is to determine if the ‘business’ that you are buying is a sound business and one that is what the seller and the broker told you it would be. In other words, you are going to play ‘Quincy, CPA’. You are going to become a forensic accountant. But wait. That’s not what you signed up for. You were just going to collect rent checks and travel. That’s fine. That’s a great plan and one that you will achieve but before you do, you must learn all aspects of the business. And the first aspect that you must learn is how to find where the seller buried the bodies. And believe me, there are bodies buried. There always are. How do you conduct a forensic accounting of the multifamily business if you have never done this before? JOIN OUR APARTMENT INVESTING COACHING PROGRAM Multifamily Matrix: https://multifamilymatrix.com LET CONNECT

During the pandemic, more Americans are concerned about evictions and foreclosures than before. JOIN OUR APARTMENT INVESTING COACHING PROGRAM Multifamily Matrix: https://multifamilymatrix.com LET CONNECT

Some in the industry claim the line between asset and property management has blurred, as technology, job demands have evolved. Recently, in an Institute of Real Estate Management (IREM) white paper, “Asset & Property Management: A Shifting Dynamic,” John Salustri suggested that “the lines between asset management and property management are blurred.” The argument is worthy of deeper examination. Bryan Chavis, author of Buy It, Rent It, Profit, breaks it down.

Learn how to predict and forecast what's to come in the multifamily industry. And how to strategically find the right opportunity for you. Currently managing properties? Bryan Chavis, author of Buy It, Rent It, Profit, breaks it down.

Along with getting your unit ready for rent, you need to ready yourself as well. There are a few key decisions to make before you are ready to start talking to prospective tenants. Bryan breaks it down in this episode. Watch the podcast on YouTube at bryanchavis.com/youtube. To learn more about Bryan visit bryanchavis.com Charging too little for rent? Get 5 Free Rental Reports from Rentometer: https://bryanchavis.com/rentometer Ask a question for the podcast: info@bryanchavis.com Enjoyed the podcast? Please leave a review LET CONNECT ► WATCH MORE: https://bryanchavis.com/youtube ► FOLLOW Bryan Chavis on Instagram: https://www.instagram.com/bryan.chavis ► LIKE Bryan Chavis on Facebook: https://www.facebook.com/BryanChavisOfficial ► SUBSCRIBE to Bryan Chavis on YouTube: https://bryanchavis.com/youtube

The ongoing spread of the new coronavirus has become one of the biggest threats to the global economy and financial markets. Airlines are canceling flights en masse, Disney closed its iconic Anaheim amusement park, hotel revenues are sinking amid weaker tourism, and restaurants are struggling to keep their doors open as people are told to stay inside. Bryan explains how a "recession" impacts multifamily investing and the importance of operations during tough times. Charging too little for rent? Get 5 Free Rental Reports from Rentometer: https://bryanchavis.com/rentometer Ask a question for the podcast: info@bryanchavis.com Enjoyed the podcast? Please leave a review LET CONNECT ► WATCH MORE: https://bryanchavis.com/youtube ► FOLLOW Bryan Chavis on Instagram: https://www.instagram.com/bryan.chavis ► LIKE Bryan Chavis on Facebook: https://www.facebook.com/BryanChavisOfficial ► SUBSCRIBE to Bryan Chavis on YouTube: https://bryanchavis.com/youtube

Bricks and mortar don't pay rent, people do. Your tenants do. Since rent is your key source of income, choosing the right tenant to pay the rent is a key element in profitable management. Bryan talks about the importance of establishing qualifying criteria and getting properties ready to rent. Ask a question for the podcast: info@bryanchavis.com Enjoyed the podcast? Please leave a review LET CONNECT ► WATCH MORE: https://bryanchavis.com/youtube ► FOLLOW Bryan Chavis on Instagram: https://www.instagram.com/bryan.chavis ► LIKE Bryan Chavis on Facebook: https://www.facebook.com/BryanChavisOfficial ► SUBSCRIBE to Bryan Chavis on YouTube: https://bryanchavis.com/youtube

Though it's important to understand various types of financing available to fund a multifamily project, the key for Bryan as an investor is to focus on five key steps. In keeping with the way Bryan approaches real estate -- like a game of chess -- he breaks down his Five Key Moves to Checkmate. Ask a question for the podcast: info@bryanchavis.com Enjoyed the podcast? Please leave a review LET CONNECT ► WATCH MORE: https://bryanchavis.com/youtube ► FOLLOW Bryan Chavis on Instagram: https://www.instagram.com/bryan.chavis ► LIKE Bryan Chavis on Facebook: https://www.facebook.com/BryanChavisOfficial ► SUBSCRIBE to Bryan Chavis on YouTube: https://bryanchavis.com/youtube

The second phase of Strategic evaluation for investing in multifamily is the due diligence process. In this episode, Bryan provides an in-depth review of how he evaluates properties that he intends to purchase, including reviewing seller records and going on-site to inspect the property. Join Apartment Investor and Author of Buy It, Rent It, Profit Bryan Chavis as he discusses the how-to's of apartment investing and managing multifamily properties. Ask a question for the podcast: info@bryanchavis.com Enjoyed the podcast? Please leave a review LET CONNECT ► WATCH MORE: https://bryanchavis.com/youtube ► FOLLOW Bryan Chavis on Instagram: https://www.instagram.com/bryan.chavis ► LIKE Bryan Chavis on Facebook: https://www.facebook.com/BryanChavisOfficial ► SUBSCRIBE to Bryan Chavis on YouTube: https://bryanchavis.com/youtube

When you proceed into contract and put a deposit down for a property, it's a sign that you are a serious prospective buyer. But sometimes, something can go wrong on a deal through no fault of your own. Bryan breaks down his key points when reviewing a contract and putting a letter of intent out on a multifamily deal. Join Apartment Investor and Author of Buy It, Rent It, Profit Bryan Chavis as he discusses the how-to's of apartment investing and managing multifamily properties. Ask a question for the podcast: info@bryanchavis.com Enjoyed the podcast? Please leave a review LET CONNECT ► WATCH MORE: https://bryanchavis.com/youtube ► FOLLOW Bryan Chavis on Instagram: https://www.instagram.com/bryan.chavis ► LIKE Bryan Chavis on Facebook: https://www.facebook.com/BryanChavisOfficial ► SUBSCRIBE to Bryan Chavis on YouTube: https://bryanchavis.com/youtube

In real estate investing, you will hear constantly "buy undervalued properties." This makes sense, but there is more to it than just buying an inexpensive property. Far too many times we've seen investors purchase properties 30 percent below market value that turned quickly from dream deals into a total nightmare. Many real estate books and media sources make very general statements about real estate markets and their current economic conditions. The key for real estate investors is to drill down to the specific segment of the market the individuals are speaking about, and determine whether it applies to the class of property they own. Investor and author of "Buy It, Rent It, Profit!" Bryan Chavis shares a few examples from his own experience. Visit bryanchavis.com for more information about Bryan Chavis, events and training programs. Have a question for the podcast? Shoot your questions to info@bryanchavis.com

We hear a lot about what you should do to be a successful investor, but in this episode, we talk about what you should avoid. Even the best investors make mistakes, but the key is learning from them. Apartment investor and author of "Buy It, Rent It, Profit!" Bryan Chavis shares the pitfalls investors face when managing multifamily property. Have a question for an upcoming show? Send your questions to info@bryanchavis.com bryanchavis.com

Real estate investor Bryan Chavis talks about the issues surrounding rent control and breaks down his process for finding the right deal for a multifamily portfolio. bryanchavis.com multifamilymatrix.com

Real Estate Investor and author of "Buy It, Rent It, Profit", Bryan Chavis talks about the importance of continuing education then shares his thoughts on the future of the real estate industry and why we should be looking at ownership instead of focusing on sales. bryanchavis.com

Bryan Chavis gives his take on Buildium's 2020 Property Management Insights

The seven keys to becoming successful as a landlord or asset manager are the fundamental principles to building a successful rental investing empire. Bryan Chavis breaks down the key section from his bestselling Real Estate book "Buy It, Rent It, Profit!" Have a question for Bryan? Reach out at info@bryanchavis.com bryanchavis.com

Apartment Investor and author Bryan Chavis shares a technique (Syndication Socials) he uses to attract high net worth investors and how aspiring investors can become a Certified Rental Investment Specialist and work alongside him on a weekly basis to build credibility and serve investors. multifamilymatrix.com bryanchavis.com

Risk vs. Reward. Bryan Chavis, author of Buy It, Rent It, Profit stops by the studio to talk about the different rental markets and evaluating risk in multifamily deals. Drop your questions for upcoming episodes at bryanchavis.com

Everybody wants to be a syndicator but you really need to understand the back-end of the business before you go out and syndicate (what to do, when to do it, and understanding the systems that you need to have in place). Even if you get the money and the investors -- that is the easier part. The harder part is what comes afterward.    Brian discusses the best tried and true strategies to be a successful syndicator, such as asset stacking, having "boots on the ground", understanding how to operate the asset, attracting money, and judging whether an investment is considered a security (SEC). 

  Bryan Chavis, the bestselling author of “Buy It. Rent It. Profit” is highly regarded as one of the leading experts in the multifamily field having spent the last two decades learning from the ground up what it takes to invest in multifamily units. Being in property management himself, and working in all areas of multifamily, his unique perspective has allowed him to find great success in real estate - and lending valuable insight to his peers as a professional speaker, author, and business coach. Being able to see the business from a different perspective than most investors today in the field, Bryan’s refreshing take and step by step methodologies truly show how to build long-term wealth.    On this episode of Multifamily Real Estate Investments with Don and Eden, Bryan discusses his start in the real estate industry and how technology has made a vast difference. He also will explain the five phases of stabilizing a property and the details for scoping out the right property. His steps for how to create wealth as a syndicator are revolutionary and powerful for anyone looking to conduct business in real estate. If you are an entrepreneur seeking insight that is sure to bring results then this is the podcast episode for you.    Highlights:  Bryan’s Beginnings in Real Estate  Five Phases of Stabilizing a Property What to look for in a Potential Property Manager  Why Multifamily Units are Personal to Invest In  Current Projects   How to Connect with Bryan: BryanChavis.com  BryanChavis.com/youtube ChavisCapitalRE.com AllisonsAlligator.com - Nathan (Bryan’s Day One) --------------------------------------------- Transcription Hey, guys today I'm interviewing Brian Chavis, the author of the book Buy it. Rent it. Profit! Brian is a very successful multifamily real estate investor and syndicator. He's also considered to be a leader when it comes to multifamily investing. What I think is so special about him is that he started his career as a property manager and that's why his insights are always on point since he had seen this business through its core. So let's get started.    Welcome to the Real Estate Investing podcast with Don and Eden where we cover all aspects of real estate investing with special attention to multi-family apartment buildings and off-market strategies.    Hey Brian, welcome to the show. Thanks for having me. Good to be here.    So I've been wanting to have you on the show ever since I was listening to you in a different podcast. And I got to say that you're one of the experts that I've ever listened to when it comes to multifamily management and you're a very renowned speaker. The first thing I want us to do is, tell us a little bit about yourself and what you've been doing in the past year and what you're doing right now.    Oh, awesome. I'll be glad to. My background as is the multifamily industry I got started in this industry well over a decade ago - probably push closer to two decades now but first got into this industry just leasing. I started leasing apartments worked my way up from leasing into management to acquisition specialist. So really I've been around the multi-family industry from day one. I think when you were saying and I greatly appreciate the feedback that you heard me on other podcasts and gravitated toward my style or my brand I think that comes from really just living this and doing this for so long.  there's a lot of syndicators and there's a lot of outstanding guys out there getting involved with my multifamily. A lot of experts now offering classes in educational content which is awesome. I love it. We welcome it and I admire all those guys but very few have started like I have, which was almost 20 years ago leasing, management and working their way up through the multi-family industry a lot of them got in as syndicators and been blessed to have the opportunities to be able to raise money coming from other positions or jobs and creating these real estate investment firms where they're now acquiring multi-family but  there's very few of us who've actually lived and breathed and worked and got a W-9 from this industry so I feel like that is kind of what sets me apart is that as a practitioner this is what I do this is who I am. So it allows me to be able to really give great content great feedback what I feel is which makes the podcast so interesting is because I'm usually not regurgitating something I've heard I'm usually telling you something I know, so at the end of the day I think that why the viewers and individuals resonate with what I say on the podcast or in my lecture.    Yeah definitely. So when I was 18 I told my father I wanted to open a bar. And so my father told me ‘that if you want to open a bar -first you got to be a bartender. And I could totally relate. When I think about your story that you became a syndicator- right? you're syndicating deals right now. Yes. So you became a syndicator but you started from the bar. If we use that analogy and so I think that's terrific because you get the insights from firsthand. You really know what's going on the inside. And so I want to ask you how did that make you a better syndicator?    Really its fundamentals… experience. The one thing that no one can buy you can't acquire in books. You can't go to a four or five-day boot camp can't attend a mastermind and obtain experience. And I'll go a step further. Not only experience- but tested & evaluated experience. There's a ton of people out there who've gone through life or gone through some sort of experience but haven't really learned from it.  they've haven't mastered it. So for the experience of being in the industry and the multi-family industry allowed me to not only become trained and educated through the National Apartment Association and taking my certifications and then going on to teaching a lot of the courses through the camp certification but it allowed me to experience managing and operating thousands of units. And at the end of the day, that's the key. That's the great divider separator you want to just make sure that you're syndicator that you're dealing with has some sort of experience.   I know a lot of people say experience syndicating and that's good. I also like experience and that you have experience as a syndicator but you also have a hands-on experience at operating these properties because experience at the end of the day if all hell breaks loose- there's countless YouTube videos with me stepping foot on the property and releasing everybody on site going to work for a private equity firm and having to fire the staff at one hundred thirty three-unit apartment building and actually run in it for a week or so by myself with just me and my personal assistant until she was able to staff it and help me staff it. We’d close it down for lunch and did the interviews and then I spent two days training the new staff and then staffing the place so that at the end of the day to me if you're raising money and you're a syndicator you want to stay on top of your game you want to always continuously be educated and have as much experience hands-on operating experience as possible.  I think at the end of the day I think that's always for me is always a key fundamental or a key trait.    Yeah. I mean I think if you were raising money for me and I know that you were also a property manager and that's how you started and so it would have been a strong card so it would have been I would definitely consider. So thinking about giving you my money to work with because I know how to handle it. And so I'm pretty sure that helped you a lot. And I also know you wrote two books on multi families right? Property Management. So tell us a little bit about these books.    Yeah. Well, those books for there were social media before brands were created in and thought leaders were instantly created like a microwave label product.    There was me 15 years ago  and I had a book a manual I wrote out of the back of my car I was working in the multifamily industry at the time managing thousands of units and I decided I wanted to become ago and a real estate entrepreneur and I didn't have two nickels to rub together hand. So I decided that what I could do is write about the procedures manual and Operations Manual. And so I wrote this manual and selling it out of the trunk of my car and I was visiting various different real estate associations and I had no experience speaking. I actually sucked at it. I mean I had several people would put on the comment forms that I looked like a deer in the headlights. But I kept grinding and I kept going at it I kept doing it and eventually,  people would start to come in wanting to meet with me outside of these real groups. And so then I started to hold these little meetups before meetups were popular I started holding them at a Kinko's off of Dale Mayberry in South Tampa and they allowed me to use the broom closet. So I cleaned up the broom closet because the manager actually was a part of one of the groups, they let me come in. I cleaned up the broom closet, cleaned the boxes out and I put a table in there and started holding meetings and teaching individuals how to manage their properties properly. And then I would try to sell my two hundred dollar Procedures Manual that ran their entire business for them, give them all the forms everything they needed the procedures, how to do it, how to interact with prospect tenants, how to deal with them, how to move them in, how to move them out, how to evict them if they ever had to do an eviction. So the procedures manuals were the same manuals I was using pretty much operate thousands of rental units so it was kind of second nature to me.    Then,  that eventually became the distant relative to the books that are out there on the shelves now and I think one other thing that makes me unique is that these books are published and both are best sellers. One is, ‘Buy It, Rent It, Profit!’- the original is in the US Library of Congress. So it's not only a best seller and published by Simon Schuster but it's in the US Library of Congress so  I'm extremely proud of that but I'm probably more so proud of the humble beginnings. I wasn't born up social media age of being able to grab attention by doing YouTube videos I mean the content delivery I was doing was organic- I was living it day to day and now it's just sharing my knowledge with individuals and my experiences with individuals. I think again that falls back to where you ask me what makes me different. I think the big difference is just experience... tested & evaluated the experience  and so at the end of the day I think that experience came through to the training materials comes through to the books comes through my coaching programs and I believe that's really what gives not only myself but others the opportunity to succeed in this industry is being able to piggyback off of someone else's experience. That to me is is key because I've piggybacked off of my predecessors and most supervisors in the months our family industry who taught me getting and tons of others that I've worked for in the apartment industry I've learned from these individuals so it's  it's really passing it on and then passing it on through curriculum and design and training coaching programs. So I'm just really doing what I've naturally done from the very beginning.   Yeah, that's truly inspiring. And I want to talk about your book ‘Buy It. Rent It. Profit!’ So actually I read your book.  It was a long time ago as I think I was a year ago. I read a lot. I do a lot of reading and that's I think that's truly essential in today's world. I always talk about it here in the podcast. You're saying stuff about social media and the world the way it used to be. I think the world is very different right now and I think that there is access to so much information. So what is essentially what is a book? A book is the life study of a very smart man. Think about it. I mean isn't that what it is. I just said it on, I was hosted by this youtube channel and I just said it over there. It's called ‘One Rental At A Time’. If you guys want to see me over there. So yeah they asked me about books and reading and I said I read a lot. And the reason why I think it's so important to read is because, think about it, if you're not reading your competition is always reading and they are acquiring the life studies of very smart people. Right. What is it what does it cost? Ten dollars? I mean it's so cheap to get that critical knowledge for whatever it is you want to do so I have read your book and I want to talk about that book. I want to talk specifically about the ‘Five Phases of Stabilizing a Property’ because I think this is really getting down to the details without crunching too many numbers. But I think it's really what the audience needs to know. So I know the five phases are Acquisition and then Implementation, Stabilization, Growth, and Exit Strategy right. Exactly.    So I want us to talk on and dedicate the rest of this interview or the majority of this interview for these five phases. So could you please tell us shortly about each one of the steps and what are the most important things to look after or look for in these steps when you're buying and trying to stabilize a multifamily property.    Yeah. Acquisition. The number one phase of the five phases is understanding how to acquire a property from an income approach. And I think at the end of the day there are always challenges when you have an investment firm and your firm is thriving or you're syndication thrives for putting deals together. The idea is where do you find deals? I'm fortunate enough to live in Tampa, Florida area where there are deals for me and a great market is in my own backyard. However, the ability to find and evaluate these great markets are to use another process called the ‘SEOTA process’ if you read the book ‘Strategic Evaluation of Our Target Area’ and they wanted to identify your area through building permit activity demographics and graphs of your prospect tenant knowing really more about your prospect tenant than they know about themselves. Then you start looking for deals and then you back deals into that particular understanding that prospect tenants demographic- that's going to reveal the type of projects or deals that you can really go after like what type or class and asset classes you're going to kind of target.  Whether it be A or B or C asset classes and then obviously the price points you want to pay for those because those premiums there are premiums on A, B and C properties. A and B properties are obviously more and you can't build a Class B property out of the ground because of the cost of construction so knowing and identifying your assets once you've done that, then you will acquire it from an income approach and then understanding what does that income look like in the future not what you're acquiring and far the entry cap will put the exit cap may look like there's always a balancing act. For me, it's really understanding who that prospect tenant is.    I'm not gambling on the property itself.  I'm more so gambling on the prospect tenant at the end of the day, so I'm really the gamble is really not appropriate and that's something that should be stressed. It's on the market essentially. Well, it's on, that not only on the market but what makes up the market so you gotta keep drilling down. That's where again where you see a lot of the Internet gurus  they'll say ‘oh you focus on the property.’ Everybody is talking about underwriting properties and real estate is not about the property. Multi-family, in my opinion, is not so much about the property as much it is about the prospect tenant the demographic. I always say real estate is about people right.    Buildings don't pay rent. People pay rent. So at the end of the day if what's going to increase value over time you're increasing value by a periodic increase of rent and a periodic pay down the debt and that's how you create value. And at the end of the day this whole game that we're playing is predicated upon the prospect tenant and how they react and how do you react to market conditions. So you have to kind of forecast market conditions and then you have to kind of forecast how that's going to be how your prospect tenants going to react to those market conditions, therefore, i.e. no impact the value of your asset moving forward. So a lot more to it than just go into a five-day boot camp and thinking you're going to learn everything you need to learn about this industry by understanding how to underwrite property numbers can tell you a lot. One of my good friends the boxer, Winky Wright. Winky said ‘everybody looks good on paper. Everybody's a competitor on paper until you get in the ring and get hit in the mouth’ - everybody looks good and until you actually get hit. So at the end of the day, X's and O's and strategies and numbers, they can help predict. They can help evaluate but they don't run the property at the end of the day.  Someone's got to get in there from the operational level and know how to run this thing on Monday through Friday or Monday through Sunday. So that's extremely important for individuals to understand. I think that's where a lot of this is lost. This is really understanding how to evaluate investment properties from the acquisition level by really understanding who your prospective is and really identifying that demographic and forecasting them.  Then you move into the Implementation phase where most lose on the implementation phase because they don't know how to implement the right types of systems -there are two types of core systems hard systems and soft systems. The hard systems are your procedures & manuals. The manuals should identify the work that needs to be done Monday through Sunday. Then tell the user how to go about performing that work in a consistent manner like a franchise. So, if you have a franchise - your multifamily apartment building you're not running it like a franchise which means I could take it and put it in any kind of city or any state or anywhere in the country and it runs the exact same way, then you really don't have a business model. So, first of all, you have to implement the type of systems that will allow you to kind of franchise the way you're doing business which really means offer consistency because when you can offer consistency then you create profitability. So then you have the second system which is the soft systems which are your property management software. You have Appfolio, then newcomers that are disrupting like Uptop which is a free property management application. So if you're a real estate broker or agent you're trying to strike into the property management you probably want to look at those free platforms.    So, you systemize the apartment building and then you're in the implementation phase which brings you into Stabilization and then now you're focusing on stabilizing the property which is maximizing income and minimizing expenses. So you're maximizing income and you're minimizing expenses and that's the name of the game because typically you're buying a value add project. If you're syndicator like I am looking at the deals and you're looking to be able to add value and create value over a period of time and exit at a higher value. So that is done through stabilization and then of course then you're focusing on Growth.    From Growth, it's the Exit strategy and typically the exit strategy is to refi. And obviously, if what you're doing as an operator the ability to refi is all about having management in place, good numbers, good T-12’s is basically your accounting, your profit and loss statements for the past year just making sure you're on top of your game as an operator. So make sure that you're on top of your game as an operator allows you to refine that you can refine pay off your investors reposition and then you just keep them you keep the ball rolling. Really that's how you create wealth as a syndicator  because you're taking a percentage of each of these deals and obviously if you look at your IRR if you're only putting maybe zero to 5 percent into these deals and you're reaching your press and you're reaching your goals and structure I mean you're making 100 X obviously if you're putting zero when your ability to be able to create seven or eight-figure incomes for yourself based on your approach to this business is really obtainable.    I mean if I could do it. I mean to be told that anyone could do it.    Yes, I mean I think you could do it you're a very smart man.    But I really feel like the reason why I excel is like you I read and then go back to that reading and a lot of people, I think I've been criticized before - well someone said I know because I've mentioned to them that I didn't read a lot of books. However, they didn’t let me finish. I don't read a ton of books. What I do is I find four or five and I master them and I won't move to another book. It's like I master the three or four that I've read. And so I'm not big on consuming a ton of information or a ton of books as much as I am about consuming one book and mastering that book and implementing into my lifestyle. And for me, I can't speak on anyone else but for me, that takes time because I'm a bit of a knucklehead so to read a book like ‘The Book of Five Rings’ and to master that and implement it or read a book like ‘The Richest Man in Babylon’ take me a while to implement it and make it a day today. So for me, I'm not necessarily the smartest person I'm definitely not the smartest person on my team. But at the end of the day, I just think that while others are playing checkers I'm playing chess and not necessarily smarts but I think it’s strategy and that I leave it at that.    Yeah. Which for me, that's what I mean when I say smart. I also never went to college and I and I have a high school diploma and that's it. And I don't think I need more than that because I think being smart and successful is measured by society by being a good student which doesn't necessarily make you a successful man. Because I wasn't the best student in my class but I'm pretty sure I am one of the most successful ones.  if you look at my class I grew up in Israel and I know the situation of the people there. It's like they're doing okay. They're not bad. But I know they're not doing well right. I mean some students in my class they were so smart and they would get like A's on every test and I wasn't like that because I don't think that the things they teach you in schools are necessarily the things you need to be successful in today's society. I think it's a little bit outdated but that's a subject for that we could talk about for hours.    Absolutely. And it's funny because I have three coaching clients that are Israeli and they’re three of my favorite guys so I definitely understand that  I understand the school system, I understand the struggle because I'm helping them syndicate and a lot of it is what it is- the school system is a factory. You gotta get them in, you got to get them out and move them on- you get caught up in that because everyone learns differently. So, I think that's why again people resonate to my coaching programs and they resonate to my lectures, and podcast because I think I deliver it the way that obviously people had time in school.  it should be delivered but we have such imagination. So we feel like if they're not successful in the school that they can't. I mean look you can go to YouTube to you to see so many different places where you can grab education.     I knew nothing about private equity firms.  I just went on online research took a few classes online classes on private equity firms and start them and I didn't know much about the finance world took a few classes on finance so I'm always learning I'm always evolving. So at the end of the day if you're the same person you were even a week ago something's wrong you should always be constantly looking to evolve and push forward. So  I'll say no more than that.    Definitely. So I want to ask you as a property manager or somebody that started this as a property manager what would be the things you think are the most important things to look for when you hire one for your property that you're trying to stabilize?   That's a good question. Very good question as to what to look for property managers. Mostly as syndicators, you should be an asset manager. Every syndicator, every investor should start trying to start an asset management business and grow from there. And so as an asset manager, a syndicator you're really looking when you hire a property manager- you want a property manager to really understand how to navigate those five phases and you really want them to be able to sit at the table with you and look at your project and offer you a management plan. I mean how many property managers have you ever sat with? And I encourage anyone to think about this who or maybe bring it on property management or even interviewing property managers ask or find out how many have ever sat down and brought you a release a framework of a management plan for your project. So if there's a project and I'm bringing a 150 unit project to a property manager I'd want them to at least develop some sort of framework.    Well on that particular property do some research and bring me up to the beginnings of a framework of a management plan on their strategy for this particular property identifying the prospect and its demographic. What are we going to do to increase rents? I mean is that going to consist of changing units that can mean you can watch all my videos you can see what I've done at Park Plaza you can see where I know it's about changing fixtures and vanities and the type of ceiling fans you're putting in all that to attract a certain demographic. And then there's a price associated with that what does that cost? What is the recapture rate on that i.e. payback period on that? I’d like the property manager to be able to identify not just say ‘OK I just handle your headache for you, I'll handle the tenants I'll handle it.’ There's a strategy, people really think a property manager's job is just to kind of just manage it & keep an eye on the farm make sure the wolves stay away from the stable. But that's not property management that's stewardship. If you're a good property manager you're developing management plans. You have a plan on executing the prospect tenant, how to tap into that demographic, how to increase rents over a period of time, how to forecast market conditions by our competitors in the area. So you're sitting down to the table and you're articulating that to me, whether I already know it or not, it helps me, by knowing that my property managers can articulate that. So that's one of the first things that I'm doing when I'm looking in evaluating property managers.    So let me see if I got this right? You want to see that they've done their homework when they come to speak to you and that they're just trying to sell you themselves. Right? Right.    Yeah I mean I'm not interested, I'm looking here at a fancy brochure on my desk. I mean this is Nathan Johnson he’s the guy that handles all the marketing and branding. I mean you've got a nice fancy brochure, but a brochure won’t manage my property.  I mean, it’s great a brochure- it might open the door for you, might get you a sit, an interview or some sort of meeting for a cup of coffee. But at the end of the day, if I meet with you and we're talking about my property, I want you to come to the table, not with fancy brochures, or a business card I want you to come to tell me what the plan is for my particular property. I mean I'm already going to have one as a syndicator but I want to know that you've taken the time to come and let me know that you've done your homework as well.    Definitely. So I want to thank you for coming to the show today and dedicating your time. I know you're a very busy man and so let me ask you what are the best ways to connect with your audience. If anybody wants to reach out to you?   Cool. Great. Yeah.  we just launched our new BryanChavis.com - There you'll be able to find me. We're launching our new coaching programs I actually have a ‘Buy It. Rent It. Profit’ masterclass coming out. That's gonna be awesome. We have our designations, our certified real estate investment specialists and then we have our certified apartment syndicator which is a class designation so we have those two designations that are coming out within the next couple of months. I encourage everyone to go online definitely start with that master class to buy a property if you love the book. You going to love the course the ‘Buy It. Rent It. Profit.’ class should be ready in a couple of weeks and then the designations will follow in a few months. And if you're interested in coaching  I'm always here if you're a housing authority you're a private equity firm. If you're a wholesaler and you're looking to get into commercial, the coaching and consulting that I offer I highly recommend that and then the ability to also we offer templates and white labeling and licensing. So if you're a startup company you're looking for instant credibility you can license my brand and we can help you with your direct mail pieces in your sites and stuff like that so there's a ton of information if you're interested in actually investing please visit ChavisCapitalRE.com. My YouTube page is BrianChavis.com/YouTube and make sure you can always find me on Facebook and in our multi-family meetups, we do those. We'll be doing them twice a month. We got a next one I believe coming up soon it'll be announced on our Web site and come out to the multi-family meetups- meet other accredited investors and get to know your local investors and your influencers in your market.    Yeah, that's perfect. I got to start looking at your website right now. BrianChavis.com. And it's a beautiful website. It's designed meticulously.    I give credit to Nathan Johnson. He owns a company called Allison’s Alligator- he’s been with me since day one. Well, a really long time and he puts together an impeccable brand and we work together to help syndicators and wholesalers and individuals such as yourself develop their brands. And the idea is to be able to piggyback off- you're never going to be able to get 15 years of experience like I've got. So why not just piggyback off of my experience. Learn from standing on the shoulders of giants. So we definitely offer that to everyone so there is there's really no excuses at the end of the day.    Wonderful Bryan. Thank you for a great interview. And I hope you're going to have a beautiful rest of your day.    Well, thank you for having me. I greatly appreciate you. Continued blessings. Of course- Thank you. You too.    Thanks for listening to the real estate investing podcast with Don and Eden. Stay tuned for more episodes. Till next time.   

Diagnosed in 2012 with brain tumor and no medical insurance, Bryan Chavis lost everything and had to sell a lot of the assets he had in property management companies he helped create. He turned to training and education which was what kept him afloat. Since then, he's been a provider of training and education for […]

Bryan Chavis is founder of The Landlord Property Management Academy and author/creator of one of the top property management designations/certifications online. Chavis runs one of the top blogs for real estate professionals at LandlordAcademy.com and is a property management coach for Keller Williams MAPS. Named one of the top 40 up-and-coming entrepreneurs under the age of 40 by the Gulf Coast Business Review, he travels the country coaching real estate professionals, and consults for some of the largest housing authorities in the nation. Chavis lives in Tampa, Florida, with his wife and their daughter. He speaks with us about hiring practices, property management tech and audiobooks. bryanchavis.com The Rundown Live Event Update March Buy It, Rent It, Profit Getting Started Changes in Property Management Technology Rent Increases Hiring A Team Service Industry Underwriting Cancer Execution Morning Routine Sole Purpose Hiring Property Management 7 Protected Classes Disaster Protocols Rent Collection Syndication PM Software Habits For Success Self Education Staff Retention Company Culture Ability To Change Key Takeaways Subscribe to our Youtube Channel for lots of great content! Get tickets to our next Multifamily Mastery Event in Orlando!

As the latest Venture Alliance Mastermind is wrapping up Jason asks the attendees to share their favorite moments and key takeaways from the event. And in the interview, Brian Chavis, author of The Landlord Academy and Creator of the website of the same name,  describes his property management methods and tools. His advice is for income property investors to treat their portfolios as a business and to set expectations from the onset of a landlord-tenant transaction.   Key Takeaways: [03:38] John Christensen and Mike Zlotnik share key takeaways from the Venture Alliance Mastermind [09:03] Gary appreciated the biohacking information shared by other Venture Alliance members Brian Chavis Guest Interview: [18:50] The fundamentals of attracting tenants. [21:20] Basics of a solid lease [24:33] The two main systems landlords need to have in place [28:12] How to handle move outs & inspections [31:23] Brian shares his favorite apps and the software he uses to run his business. Websites: www.JasonHartman.com/Masters www.LandlordAcademy.com www.BeYourBank.com www.VentureAllianceMastermind.com

Bryan is the author of a popular real estate book, Buy it, Rent it, Profit, and he’s here today to share his best knowledge with us! He used to travel the country and host a seminar where he would have investors write their problem on the board (no tenants, low cash flow, etc..) and he would solve them before you left. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!   Best Ever Tweet: “Thinking about the tenant and focusing on their needs so you have the “Wow” factor when they walk in.   Bryan Chavis Real Estate Background: Multifamily investor and property manager Author of Buy it, Rent it, Profit Syndicated almost $5M worth of multifamily properties Based in Tampa, FL Say hi to him at Best Ever Book: Bible   Get more real estate investing tips every week by subscribing for our newsletter at   Best Ever Listeners: Do you need debt, equity, or a loan guarantor for your deals? Eastern Union Funding and Arbor Realty Trust are the companies to talk to, specifically Marc Belsky. I have used him for both agency debt, help with the equity raise, and my consulting clients have successfully closed deals with Marc’s help. See how Marc can help you by calling him at 212-897-9875 or emailing him

On October 29 & 30, 2018, I have the honor of speaking at the Buy It, Rent It, Profit! Multi Family Summit at the Holiday Inn Westshore.   In this week's episode of the Crushing Debt Podcast, I speak to the host of the event, best-selling author, real estate investor, and thought leader in property management and multifamily housing, Bryan Chavis. While this month's event is at the end of October, 2018, Bryan's intent is to promote this seminar throughout Florida, and later across areas of the United States, so please look for us even if you miss this month's event. You can find more information at: www.BuyItRentItProfit.com www.BryanChavis.com www.LandlordAcademy.com Bryan has written two books: Buy It, Rent It, Profit! and the Landlord Entrepreneur, both available through Simon & Schuster. For more information, or to connect with me or Bryan, please visit www.yesnerlaw.com or Shawn@Yesnerlaw.com.  Hope to see you at the end of October!

He is a bestselling author, a seasoned trainer, a captivating speaker, a real estate investor, and property manager with two decades of experience. There are many ways you can describe Bryan Chavis, but one comes to mind above all else: a tenacious entrepreneur. Bryan has spent the last two decades building successful real estate ventures. On this episode of the CashFlow Diary Podcast, Bryan explains how there is nothing wrong with the last time you failed, failure is the greatest teacher. Every day is a new day and a new opportunity, shake off that voice or it will ride you to the grave. Next, spend some time alone and figure out what you really want. Develop your spiritual side. Work on yourself and invest in yourself. You are going to make it and you are going to lose it, your character is tested by failures and opportunities. Do not fail in the same area twice.  

There are five key phases in the multifamily investing process, and the property manager you hire plays a key role in nearly every stage. So, what should you look for in a property management company? And what KPIs can you use to assess the property manager’s performance? Bryan Chavis is a thought-leader in the realm of multifamily property management and the bestselling author of Buy It, Rent It, Profit and The Landlord Entrepreneur. He is also the founder of The Landlord Property Management Academy, an online platform for real estate professionals and property management certification. Bryan was named one of the top 40 up-and-coming entrepreneurs under 40 by the Gulf Coast Business Review, and he is a sought-after speaker and consultant for some of the largest housing authorities in the US. Today, Bryan sits down with me to share his journey, discussing the obstacles he has overcome and his unique approach to ‘embracing adversity.’ He walks us through the five phases of multifamily investment, discussing the current challenges around the acquisitions process and the fundamentals of the implementation stage. Bryan explains what to look for in a property management company and the Key Performance Indicators he reviews on a monthly basis. Listen in for Bryan’s insight on finding a property manager who is proactive and learn to relish the journey as a multifamily investor! Key Takeaways Bryan’s introduction to real estate Job as leasing agent for free apartment Learned from private, institutional investors Bryan’s key takeaways as a property manager Understanding of asset management, acquisitions Real-life experience as operator What inspired Bryan to branch out on his own ‘Why not me?’ Experience in all facets of multifamily Speaking career to develop business The adversity Bryan had to overcome High school diploma, lack of capital Devastating brain tumor (no insurance) Bryan’s approach to ‘embracing adversity’ Character-building opportunity Share story to inspire others Bryan’s 5 phases of a multifamily investment Acquisitions Implementation Stabilization Growth Exit strategy The current challenges around acquisitions Standoff between buyers and sellers Wade through deals to find one that works Bryan’s view of the implementation phase Establish procedures, consistency Software (e.g.: Buildium) How to avoid mistakes during the acquisitions process Build margin of error into underwriting Focus on low cash multiple but high efficiency What to look for in a property management company User-friendly, intuitive software platform Ability to manage every asset class Management plan specific to property The difference between a proactive and reactive property manager Control income, expenses during stabilization Software, training allows to manage as business Bryan’s approach to overseeing a property manager ‘Inspect what you expect’ Walk property on regular basis Scrutinize KPIs monthly Bryan’s Key Performance Indicators (KPIs) Rent rolls, maintenance tickets/budget P&Ls, delinquencies and turnover Traffic and closings Bryan’s current mission Wake up and be appreciative Relish journey, relationships Connect with Bryan Buy It Rent It Profit Landlord Academy Multifamily Facebook Group Bryan on Facebook Bryan on Twitter Call 1-800-535-2476 Resources Buy It, Rent It, Profit: Make Money as a Landlord in ANY Real Estate Market by Bryan M. Chavis The Landlord Entrepreneur: Double Your Profits with Real Estate Property Management by Bryan M. Chavis Buildium Michael’s Products The Ultimate Guide to Apartment Building Investing Michael’s Syndicated Deal Analyzer Michael’s Deal Maker Mastermind Financial Freedom Summit Deal Desk Deal Maker LIVE Michael’s Coaching Program Partner with Michael Invest with Michael Free eBook: The Secret to Raising Money to Buy Your First Apartment Building Review the Podcast on iTunes

Here is some of what you will learn: Keys to being a successful asset managerThe importance of understanding your target demographicHow to leverage lower CAP propertiesUnderstanding IRR (Internal Rate of Return)What value add amenities are easy to add to a propertyThe difference between being rich and being wealthyUnderstanding hard systems and soft systemsDiscover the ‘Uber’ of property maintenance appsThe value of defining momentsHow to weather the stormsGetting back 10xHow to set proper expectationsRoadblocks to avoidWhy the demographics should be your main focusOne characteristic every leader should embody To learn more about our guest, please visit: https://www.buyitrentitprofit.com To find out more about partnering or investing in a multifamily deal: Text Partner to 41411 or email Partner@RodKhleif.com  Join us at a Multifamily Bootcamp, visit: http://MultifamilyBootcamp.com Review and Subscribe acquisitions, Bryan Chavis, apartment investing, apartments, appreciation, Assisted Living, broker, brokers, business, cash flow, cashflow, commercial, commercial real estate, CRE, CRE investing, Defaulted paper, Donald Trump, entrepreneur, equity, Eviction, expert, experts, Foreclosure, funding, Hedge fund, investing, investing in real estate, investments, Rod Khleif, Rod Khleif Florida, Rod Khleif Real Estate, Riyad Khleif , manager, mergers, millionaire, multi-family, multifamily, Office, passive income, podcast, private lending, private money, property management, raw land investing, real estate, real estate broker, real estate cashflow, real estate coaching, real estate investing, real estate investor. Investing, REIT, Retail, Robert Kiyosaki, sales, Sales Coach, sales expert, Sales Training, Self Storage, Selling, Senior Living, Shopping Center, Short Sale, Suburban Office, syndication, training, value add, Repositioning assets, multi-family expert, multifamily expert, multi family investing, multifamily training

Do you come from humble beginnings? Only have a high school diploma? Want to own and operate your own apartment buildings and real estate firm? Anything is possible. Just ask Bryan Chavis! Today, I am talking to Bryan, who is a best-selling author and founder of The Landlord Property Management Academy. He is the author and creator of one of the top online property management designation certifications. Also, Bryan has a blog for real estate professionals and is a property management coach for Keller Williams. He coaches real estate professionals and consults for large housing authorities. You'll Learn... [02:35] Bryan’s background in multifamily real estate leading to a school and speaking. [05:40] From being a poor student to transitioning to be an entrepreneur. [07:37] Writing a manual while working on a job to figure out how things work in property management. [09:53] Building a brand, partnerships, and relationships to manage and own properties. [10:34] Absorbing, learning, and teaching property management. [12:08] Turning the manual into a book and more books. [16:13] Fundamentals was the focus of the first book: Buy It, Rent It, Profit! [17:04] Second Book: The Landlord Entrepreneur is a follow-up with additional details. [17:38] What Bryan is working on these days; buying, renting, profiting - practicing what he preaches. [18:18] 5 phases to become an owner and make money: acquisition, implementation, stabilization, growth, and exit strategy. [22:42] Acquisition: Understanding how to evaluate a property from an income approach, cash basis, and how to evaluate from an income approach. [22:57] Implementation: Hard and soft systems needed to operate properties; What systems am I using? How am I going to operate? [23:38] Stabilization: Maximizing income and minimizing expenses. [24:00] Growth: Growing the asset’s value. [24:06] Exit Strategy: Determine what you will do with a property. [24:47] Be an owner, not a steward. [25:94] Where to start to learn more - DoorGrow. [26:54] Advice for struggling entrepreneurs: restart and reboot. [27:19] How Bryan restarted and rebooted after medical issues; opportunities that help you grow as an entrepreneur. [28:58] Being passionate and making a difference. [32:50] Resilience, spirituality, and faith. [34:34] Is your business blessed to go where it needs to go? [35:55] Spending too much time on your business and becoming ineffective. [37:00] Client-centric vs. self-centric business; a life of purpose and meaning. Tweetables When you’re an entrepreneur...it’s something that’s in your DNA. I always wanted to own the apartment building, what did it take? The key to any business is the franchise mindset. Resources The Landlord Property Management Academy The Landlord Property Management Academy on YouTube The Landlord Property Management Academy on Facebook Landlord Academy Blog Buy It, Rent It, Profit! Make Money as a Landlord in ANY Real Estate Market The Landlord Entrepreneur: Double Your Profits with Real Estate Property Management Keller Williams Realty National Apartment Association Mark Willis Inside Power by Gary Sheffield 

Author, mentor, investor - Bryan Chavis cut his teeth in the world of multifamily and he's got a lot to show for it. This episode, Bryan talks about how, through education, he has been able to leverage his real estate knowledge into new investment opportunities and find success as a multifamily investor.

As the latest Venture Alliance Mastermind is wrapping up Jason asks the attendees to share their favorite moments and key takeaways from the event. And in the interview, Brian Chavis, author of The Landlord Academy and Creator of the website of the same name,  describes his property management methods and tools. His advice is for income property investors to treat their portfolios as a business and to set expectations from the onset of a landlord-tenant transaction.   Key Takeaways: [02:38] John Christensen and Mike Zlotnik share key takeaways from the Venture Alliance Mastermind. [08:03] Gary appreciated the biohacking information shared by other Venture Alliance members.   Brian Chavis Guest Interview:   [17:50] The fundamentals of attracting tenants. [20:20] Basics of a solid lease. [23:33] The two main systems landlords need to have in place.   [27:12] How to handle move outs, inspections and [30:23] Be a better property manager with [30:23] Brian shares his favorite apps and the software he uses to run his business.   Mentioned in This Episode: Jason Hartman Be Your Bank Ugg Freshii Temple Funding   Women Investing Network Venture Alliance Mastermind Landlord Academy RealPage Notability

Larry Szeliga is the founder and CEO of Results Oriented Coaching and Consulting, LLC an organization providing training, coaching, and consulting services dedicated to helping others reach their highest potential.  Jackie Bsharah has helped individuals, teams and groups transform their thinking and behavior for more than 20 years. David Young, Chief Swiss Army Knife, Winning Fotos Bryan Chavis built a real estate empire on the principle that anyone with some smarts and a willingness to put boots on the ground can become a successful real estate manager. Connect with Bert Martinez on Facebook. Connect with Bert Martinez on Twitter. Need help with your business? Contact Bert Martinez. Have Bert Martinez speak at your event!