Podcast appearances and mentions of carleton sheets

In the real estate world, mobile home parks aren't viewed as a glamorous asset class, but today's guest explains why you should give this asset class a second look. On today's episode of Zen and the Art of Real Estate Investing, Jonathan interviews Jack Martin, co-founder of 52TEN. Jack began his real estate career in Arizona, where he sourced off-market properties and acquired and sold over 2,000 single-family homes, as well as more than 900 apartment units. In 2016, Jack entered the mobile home park business. Since then, he's acquired 1,500 mobile home park lots. Jonathan and Jack start their conversation with Jack's introduction to real estate investing through Carleton Sheets as an 18-year-old in the military. Jack outlines the misconceptions about mobile homes and parks, what drew him to parks versus single mobile homes, and the two things that excited him about mobile homes over other asset classes. Jack explains why amenities appeal to mobile home park residents, who those amenities attract, how he chooses a geographic location for investment, and the importance of vertically integrating property management into a mobile home park strategy. As their discussion winds down, Jack shares how implementing technology can simplify management, the tax benefits associated with mobile home parks, and what to look for in a park when vetting the investment. Real estate investors may be sleeping on the opportunities mobile home parks offer, and Jack Martin outlines exactly why this asset class deserves a second look. In this episode, you will hear: Jack Martin's introduction to real estate through Carleton Sheets at 18 years old in the military Misconceptions surrounding mobile homes and mobile home parks Why Jack began buying mobile home parks versus single mobile homes The two things that excited him about buying mobile homes versus other asset classes The most expensive event that occurs for investors with rental property Creating amenities that appeal to residents and the type of residents they attract Choosing an appropriate geographic location with net population growth The importance of management and vertically integrating it into your strategy Implementing technology in managing mobile home parks to simplify How Jack educates others on this asset class and the tax benefits that come with it What to look for when you're vetting a mobile home park investment Follow and Review: We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. Supporting Resources: 52TEN website - 52ten.com 52TEN on YouTube - www.youtube.com/channel/UCK9mmKx4H8tHQz1kt0k3_Hw Find 52TEN on Facebook - www.facebook.com/52TENInvestments 52TEN's Instagram - www.instagram.com/52teninvestments Follow 52TEN on LinkedIn - www.linkedin.com/company/18335773 Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.

Those who listen to this show likely either manage or invest in rental properties. There are several different types of real estate to choose from, but have you ever considered self-storage units? In today's episode of the #DoorGrowShow, property management growth expert Jason Hull sits down with the “OG” of self-storage real estate investing, Scott Meyers to talk about an opportunity to invest in real estate without the common challenges of residential properties. You'll Learn [01:22] Switching from residential investment properties to storage units [08:35] Investing in self-storage without the management [12:15] Pros and cons of self-storage [14:51] Self-storage education Tweetables “When you have just a hammer, everything looks like a nail.” “Be honest with yourself, and sometimes the best cook in the world can't fix a broken recipe.” “Once you get behind in habitational real estate and rental real estate in general, you know, it takes double the effort to get caught back up again.” “The more valuable you are to your property management business the less valuable your property management business is to everybody else.” Resources DoorGrow and Scale Mastermind DoorGrow Academy DoorGrow on YouTube DoorGrowClub DoorGrowLive TalkRoute Referral Link Transcript [00:00:00] Scott: Self-storage really found me instead of me finding self-storage. Which I just felt it's a simple, predictable business model that you can replicate over and over again without as many moving parts and that human factor.  [00:00:11] Jason: Welcome DoorGrow property managers to the DoorGrow show. If you are a property management entrepreneur that wants to add doors, make a difference, increase revenue, help others, impact lives, and you're interested in growing in business and life, and you're open to doing things a bit differently, then you are a DoorGrow property manager. [00:00:28] DoorGrow property managers love the opportunities, daily variety, unique challenges, and freedom that property management brings. Many in real estate think you're crazy for doing it. You think they're crazy for not because you realize that property management is the ultimate, high trust gateway to real estate deals, relationships and residual income. At DoorGrow, we are on a mission to transform property management business owners and their businesses. We want to transform the industry, eliminate the BS, build awareness, change perception, expand the market, and help the best property management entrepreneurs win. I'm your host, property management growth expert, Jason Hull, the founder and CEO of DoorGrow. [00:01:09] Now let's get into the show. All right. So. I'm hanging out here with Scott Meyers. Welcome Scott.  [00:01:18] Scott: Thanks. And so good to see you again. How are you?  [00:01:20] Jason: Good. Good. It's good to have you. So, why don't we get into your background, how you kind of into this, but Scott, you're a self storage investment expert. Is that fair to say? [00:01:33] Scott: That's fair to say. They call me the OG in self storage now. And I guess I can step into that role.  [00:01:38] Jason: All right. The OG, the original gangsta. All right. So tell us a little bit how you got into this.  [00:01:44] Scott: So like many people got into real estate by buying one single family rental house. Of course, this is a back a little ways now back in 1993, I bought a single family house. with an assumable VA mortgage on it. So I took out a home equity loan from my own home and bought this one, no money down, just like Carleton Sheets, the other OG in the real estate space taught me how to do. And so I bought that house, we rehabbed it to refinance it, rented it out. [00:02:11] So the BRRRR method before everybody called it the BRRRR method. And then we went out and bought two more. And then that turned into four, six, eight, and my wife and I got married along the way and brought my wife into this hobby. I was working for a fortune 500 company at the time, and this was really just to supplement retirement until it kind of took on a life of its own. [00:02:29] And that was because in 1999 with the dot com crash, when all of our tenants were then able to buy a house shortly after that, because the presidential administration at the time reinstituted the Community Reinvestment Act and allowed anybody who could basically fog a mirror to buy a house while all our tenants left and they were doing so. [00:02:49] And so at that time, we were now rehabbing a second time so that we could sell our houses just to be able to keep up with what the market trend was at the time. Well that just about broke us. And so we decided then to get into multifamily and all we needed to do was get some economies of scale, work a little harder, work a little smarter, and we'll make this all happen. [00:03:08] But really what I found is that we just had more doors, we had more tenants, we had more toilets. And to be honest with you, Jason you know, we made a lot of money in residential real estate and growing that side of the business. I mean, we were very big, we got up to just shy of 450 doors. But I realized that I don't think I was cut out for this. [00:03:24] I understood the math, you know, the real estate math and everything that went into it. But I found even though we had property managers and property management companies, I was finding that I was becoming less loving of my fellow man and women, because they were destroying our properties and stealing from us, as well as our contractors and some of our staff. [00:03:40] And so at that point, I began to look around the landscape and, you know, we love real estate because of all the reasons to love real estate. It appreciates, we can depreciate it. We can borrow money to buy it. And then our clients pay down our basis. I mean, there's no other investment like that. So as I looked at the landscape and real estate, that really only left parking lots and self storage if I really didn't like the tenant and toilet business. [00:04:01] So. I looked into storage and loved what we saw in terms of the fundamentals of the historical, the track record of performance of the asset class. And it was right under my nose all the time. It's just this ugly, you know, stepchild of commercial real estate that nobody was really talking about. So I researched it and spent a lot of time understanding the nuances bought my first self storage facility in a partnership. [00:04:22] And then yeah, the light bulb went off and recognize after owning it from the operation standpoint, that It was truly what everybody had said that it was. And what we found is it was all the benefits of real estate without the hassles of tenants and toilets and trash. And so we began simultaneously selling off our houses and our apartments and then going forward into self storage. [00:04:41] And here we are today at about just shy of 5 million square feet of self storage, 28, 000 doors nationwide and growing. And then along the way, also built a sizable education and consulting and mentoring and coaching and event business that only not only teaches people how to get into the business, but also became a funnel, a conduit for a lot of partnerships and a lot of deal flow into our organization. [00:05:01] So that's either the long winded version on a podcast or the short winded version however you want to look at how we got started in the business.  [00:05:07] Jason: Yeah, love it and qualify yourself help everybody understand like where are you at right now with storage and rentals. I mean you got some impressive numbers. [00:05:17] Scott: Yeah, so we're sitting at about we've done over 5 million square feet We're sitting at about three and a half just maybe three and three quarters million square feet right now assets under management So we're right now jason, we're basically a syndication company where we're a financial services company that raises capital and layers that on top of debt and then deploys it in nothing but self storage. [00:05:37] And so many of these projects, these partnerships, these joint ventures in our funds, they have a shelf life and they expire in four to five years because that's when we can capitalize and pull our chips off the table, if you will. And we have a capital event by way of sometimes a refinance, but usually a sale of the property or properties within that fund. [00:05:55] And then we just go out and buy more. So it ebbs and flows when some are going out the door, we have more projects coming in the door as well. I only own two residential properties. One of them is an Airbnb and the other one is the one that I live in. And that's it. Everything else is 100 percent self storage at this point. [00:06:10] Jason: Got it. How many units of storage do you represent then?  [00:06:14] Scott: Yeah, so 28 to 29, 000 overall is what we've invested in and we're sitting at about 20, between 20, 000, 21, 000 right now in asset center management. Awesome.  [00:06:25] Jason: Wow. Okay. So for those listening that are in residential property management, and they're listening to you what would you say to them? [00:06:34] Like, maybe there's some of them that they're like, "man, I don't want to deal with toilets, tenants and trash anymore." And, you know, "I'm starting to love humans less. And I love real estate," but what's kind of your message?  [00:06:49] Scott: You know, in the education side of our business, Jason, of course, when there's a room full of folks interested in self storage, it's really easy to say that you know, I think everybody should have a self storage facility, one in their portfolio, if you're in real estate and, you know, all roads lead to self storage eventually, because I think everybody gets to that place where they do get frustrated and it could be just a day. [00:07:06] It could be, you know, in terms of, "wow, that was a whole lot coming at us." But it doesn't mean that, you know, my recipe is the catch all, you know, when you have just a hammer, everything looks like a nail. And I'm not saying that anybody should go out and do what I have done because we made a lot of money you know, on the residential side and commercial multifamily. [00:07:21] I just found for me, that this self storage really found me instead of me finding self storage. Which I just felt it's a simple, predictable business model that you can replicate over and over again without as many moving parts and that human factor. And so for a knucklehead like me, I think it was the perfect fit to be able to go out and just master this practice and that business model and the standard operating procedures. And then just at scale and at speed go out and just make a go of it. And we grew really fast and never really get over our skis. It was just it's a manageable model as well. And so it just fit for myself. But I would say Jason, when business gets so difficult that it's just absolutely no fun anymore, and it's drudgery... I see many people doing it right now, they're just throwing good money after bad. Well, you know, be honest with yourself, and sometimes the best cook in the world can't fix a broken recipe. And if they find that is the recipe is your business model or just your business in general, then get help. [00:08:13] Or, you know, maybe it's time to take a look at some of their asset classes like self storage.  [00:08:17] Jason: So if somebody's an investor and they're wanting to get into this, there's probably a learning curve. There's probably potential pitfalls. So like, yeah, I've tried my Airbnb. That was kind of difficult. I didn't like having to mess with pricing constantly. Like maybe I should try self storage. I'm curious about what you would say to them and then, you know, if somebody's just an investor and they're just looking to just invest, but they're not wanting to really actually manage storage units, then what path would you recommend? [00:08:45] Scott: So sure. Two paths, but also some folks just take a one and end up achieving the same result. So if this is something that you're looking to do actively you know, of course, Jason, I own, you know, I run an education company. And so we're always going to tell you to get education because the cost of not, you know, you pay the dump tax. [00:09:03] And sometimes we've seen people pay hundreds of thousands of dollars for the dump tax. And that just means that they've gone out and they've watched a couple of videos read a book and all of a sudden they're experts in masters and this is commercial real estate. There's a lot of nuances to it, no matter what the asset class you pick within commercial real estate, but also because it's commercial real estate, there's lots of commas and zeros to profit from it, which is fantastic. [00:09:23] But also if you make a mistake. Those mistakes in underwriting and in other areas also come with commas and zeros behind them as well. And we've seen many a good investor that maybe it was a little prideful or maybe thought that, "Hey, this is an easy asset class compared to what I've been doing. You know, I can do this with one hand tied behind my back." And then they find out that this is an operating business on top of real estate. And there's more nuances to this and they need to dig in and understand what that looks like, because as you know, once you get behind in habitational real estate and rental real estate in general, you know, it takes double the effort to get caught back up again, and if that goes on for a quarter, sometimes people just can't recover. So, you know, we can go into all the reasons why and the mistakes that people have made, but I think just understanding you need to educate yourself. Now, if you're looking to do this passively, in other words, you don't want to take on the credit risk, you don't want to take on, say, the construction risk or a lease up risk of a turnaround or a development project then you can invest passively. [00:10:20] There's a number of REITs out there and we have funds and individual syndications and joint ventures that we do with folks where they come in as a limited partner. They still get equity. They still have ownership. They have a piece of ownership of this property. So they get the depreciation, they get a share of the cash flow, and then the profits upon the sale. [00:10:38] But they don't take on the lease up risk, the development risk, the risk of a project going south no matter what, and or have to go out and create a business, you know, and a team to be able to do so. And along the way, many folks, Jason, they start as passive investors either with one of our projects or others, and by, by just following along, you know, you get that education. [00:10:59] You know, we hold webinars once a quarter and we send out monthly reports and we send out updates as to what's happening with our projects. And so by def facto, our passive investors are getting an education and they earn while they learn the business.  [00:11:11] Jason: Got it. Earn while they learn. Like it. [00:11:15] And that's probably a better path to start out as is to first explore doing it passively to figure out should they jump in and do it more actively.  [00:11:24] Scott: I don't know better. That's not my decision to make. I think some folks, if they have a team in place, you know, they can make that pivot just by learning the business, but it just really depends on where they're at. [00:11:34] I would say that it's It's certainly the safest. And if you have a small amount of capital to set aside to invest in a project, that's the best way about doing it. Because once it comes time to do your own, it's going to take a larger chunk of capital to be able to do so unless you're raising private equity. [00:11:49] So you know I can say that is the best and probably is for most people, but not everybody.  [00:11:54] Jason: Got it. Yeah. Well, a lot of people listening already have some sort of business, a lot of them, they won't just throw it in, jump right into storage units, maybe. But I think a lot of them, it would resonate with them. [00:12:06] "Hey, then maybe this is another way to diversify my portfolio, another way to invest. I would love to do, try it out passively, and then maybe even get some education." for those that maybe heard the beginning of this and they're like, "Man, I don't have to deal with toilets, tenants, trash, and it's real estate. And it sounds so easy." What are some of the things that maybe they have a blind spot to? That somebody, you know, they would learn once they start doing this, it's not all, you know, stars and rainbows and roses with this as well.  [00:12:38] Scott: Right. So, you know, outside of the front end and the due diligence that needs to be done just to make sure that you've bought a solid property from an operational standpoint, which is what you're referring to, you know, what we found is that, you know, a million bucks, 5 million bucks goes a lot further, meaning you buy more doors you buy more square footage and it allows us more doors because these are metal boxes on concrete slabs and they're not, you know, multifamily that has drywall and plumbing and, you know, a lot of HVC, it just goes further. [00:13:03] So that means that there are more units to be able to keep track of. You know, the good news is there's software and we do have property management companies and property managers to handle that and a lot of it is automated, but at the end of the day, you know, it's a large amount of units and a large amount of rental tracking that needs to be done to make sure that the dollars come in the door. On the flip side of that, just because I am a bright side up, kind of guy, you know, we have the ability with our leasing structure within self storage that, you know, it's a 30 day lease automatically renewable. And so anytime that we want to raise the rates, we don't have to wait. It's not an anniversary. It's not an annual lease. It is a month. And so that means on month seven, if we see that the market is changing and the demand is higher and there's a whole lot of development going on, then we can raise the rates in seven months. [00:13:46] We can do it in four months. We can do some nuisance increases in between, you know, either way, and we're very flexible when it comes to that. But then also, the good news is even if people do fall behind in the rent, you know, we have the ability to, or we have the power behind us of the lien laws instead of habitational or versus habitational real estate in which you have tenant and toilet courts. And so when I used to walk out of there, I had a pink piece of paper and very little ability to be able to get my money back and to be able to you know, execute on getting that the money back in the door. [00:14:18] But with self storage and the lien laws. We can put a lock on their unit, lock them out and we don't have to go to court within 60 or 90 days depending upon the state, my manager or an auction company will cut the lock off and open it up for bids on the date that we have an auction and I can recoup my back rent to my late fees and, you know, we are the judge and jury so we don't have to wait. [00:14:36] I know you asked for the pitfalls but, you know, the good side is that you know, even though there's a lot of units to manage the, just because of the nature of the industry and the safeguards that we have in place, it's much, much easier and simpler to handle.  [00:14:48] Jason: Awesome. Cool. Well, yeah, this is very informative. [00:14:51] Tell us a little bit about your education company, what you do there and and maybe how people can get in touch if they're curious.  [00:14:58] Scott: So on the education side, you know, when I got into business, you know, there wasn't an education company out there. There wasn't anybody that I could go to to learn the, you know, the A to Z to the nuts and bolts of the business. [00:15:10] I could certainly go to the trade shows and some of the industry events and I can learn about doors and how to build these facilities and some of the, you know, the bolt on property management software. But there wasn't anybody teaching about the investment side of the business. And so, you know, we scraped as much as we could, you know, leaning on and building on the foundation that we had in commercial real estate already by owning multifamily and office buildings and warehouses. [00:15:30] But just digging into this business and talking to as many people as possible. And I hired a consultant to fill in the gaps and spend a day with him touring his facilities and others that he managed for other investors. And, you know, that's how we grew our you know, bank of knowledge and created our standard operating procedures, at least the foundation of it. [00:15:48] But then after we got into the business a little further down the path and buying facilities I used to run the Real Estate Investor Association here in Indianapolis. And we had 600 folks in the association. And about 300 of them wanted to know about self storage after they saw what we were doing. [00:16:04] And so we started holding workshops and then some of the agents that represent the national speakers in the industry, again, there wasn't a person speaking and experts on the industry. And so they contacted me and one of them assisted me in setting up presentations, the ability to sell tools and resources for folks, and then helped us to create a live events, and thus, our education industry was born. It was really just out of a, I guess, like any good entrepreneur, you see an opportunity in the marketplace and a hole to be filled, and we stepped in and filled that. And so it's evolved from just a home study system, which is, you know, that's such a guru, you know, term to use that what we developed, what we put together was a very extensive business plan with all the tools, the resources and links and software, you know, and everything you need to find, manage, purchase a self storage facility. And that is the name of our home study system. And then that evolved into live events, three day events, which is an immersive workshop and then also for folks that are looking for either one on one or a group coaching and mentoring, you know, begin offering that. And to this day, still offer that. And so we have you know, we're the nation's leading education company in the space. [00:17:14] We've taught more people how to get into the business and grow and scale the business and than anybody else out there in any other organization out there and still going strong at this is what we'd love to do is, you know, we love to take people from zero to 55 miles an hour in storage. [00:17:26] And then in our mastermind and in our other areas, we like to take them from 55 to a hundred and build partnerships and do syndications with them as well. Awesome.  [00:17:35] Jason: Yeah. Sounds very much like our goal here at DoorGrow for the residential space. So what's the name of your education company?  [00:17:44] Scott: Self Storage Profits is the name of the education company. [00:17:46] SelfStorageInvesting.com is the website for all the tools and the resources, a ton of free information, pull downs, white papers, a whole lot to not only just dip your toe in the water, but really to help you get started, and then anything else that you would want or need with regards to coaching, mentoring, attending our live events, it's all located on that page as well, including access to our passive investments as well. [00:18:11] Jason: Very cool. Awesome. Cool. Well, I appreciate you coming on the show, hanging out with us here on the DoorGrow show. It sounds really interesting. I think there's a lot of our clients that are involved in different types of management. And so this may be another one that everybody should maybe take a look at that could be interesting. I think it's fantastic. Or as to do management, you know directly so very cool. Scott, thanks for coming on the show. Appreciate you.  [00:18:39] Scott: My pleasure, Jason. Good to see you again  [00:18:41] Jason: Good to see you. All right So if you are a property management entrepreneur and you're dealing with frustrations, you can go start a storage unit business as well. So appreciate Scott for being on the show. If you would like our help in cleaning up your business so that you don't hate it and getting you out of that first level of exit of doing the frontline work and getting out of the next exit and the next exit until maybe eventually you decide to sell that business, we can help you with that because the more valuable you are to your property management business the less valuable your property management business is to everybody else. And what I find with clients is as we ascend them through these levels of exit, It becomes more and more business that they would enjoy keeping perhaps And so let's see if we can ascend you and get you past that first exit at least, maybe the next exit where you're out of managing the people in the team and you've got an operator and things are really smooth and so if you would like our help here DoorGrow reach out to us at DoorGrow.com And until next time, to our mutual growth. Bye everyone. [00:19:45] you just listened to the #DoorGrowShow. We are building a community of the savviest property management entrepreneurs on the planet in the DoorGrowClub. Join your fellow DoorGrow Hackers at doorgrowclub.com. Listen, everyone is doing the same stuff. SEO, PPC, pay-per-lead content, social direct mail, and they still struggle to grow!  [00:20:11] At DoorGrow, we solve your biggest challenge: getting deals and growing your business. Find out more at doorgrow.com. Find any show notes or links from today's episode on our blog doorgrow.com, and to get notified of future events and news subscribe to our newsletter at doorgrow.com/subscribe. Until next time, take what you learn and start DoorGrow Hacking your business and your life.

Imagine hitting rock bottom, only to find that your ultimate success lies just beyond. For Josh Wiesler, a late-night Carleton Sheets infomercial sparked a passion that propelled him through years of struggle in the real estate industry. From driving around neighborhoods to find potential deals to enduring financial hardships and even working for a mentor who turned out to be a con man, Josh's story is nothing short of remarkable. His perseverance and commitment to learning eventually led him to find success in an industry where many fail.Throughout this episode, Josh shares how unexpected shifts in his career, including the COVID-19 pandemic, prompted deep self-assessment and the creation of his successful coaching company. He recounts pivotal moments, like a life-changing conversation with his father, and his partnership with Grant Hickman. Together, they evolved from an investing brokerage model to a thriving subscription-based coaching service. Josh's journey underscores the importance of adaptability, vision, and commitment in achieving long-term success, whether in real estate or any other field.Beyond professional achievements, Josh opens up about personal challenges, including overcoming obesity and emotional eating. He discusses the transformative power of self-forgiveness and the profound impact of personal growth on his life and business. Through invaluable insights, Josh highlights how inner peace and self-compassion can lead to extraordinary achievements.Join us as we explore the powerful lessons from Josh's journey, a narrative that inspires anyone striving to reach their dreams and live a more fulfilling life.About Josh WieslerJosh Wiesler, with over eight years of personal development and six years of real estate coaching, has guided hundreds of investors. He owns three companies and has extensive experience in wholesaling, property management, and buy & hold investing. His rental portfolio enhances neighborhood safety and value. Josh has completed over 100 real estate deals, generating over $1,000,000 in revenue and owning an 11-unit multifamily property.Catch him at the Gateway to Freedom Conference in St Louis on October 17 - 19, 2024! Get your tickets at www.g2free.com or get in touch at https://linktr.ee/emergingexecutiveConnect with Kevin Dairaghi!Website: www.kevindairaghi.comLinkedin: www.linkedin.com/in/kdairaghiInstagram: @thekevindairaghishowFacebook: www.facebook.com/kdairaghiGet free access to some of the tools we talked about at kevindairaghi.com/toolsYou are who you surround yourself with. Join the Tribe!RATE & REVIEW this episode on Apple and Spotify. SHARE this episode with someone.SUBSCRIBE so you don't miss out on any new episodes!

Imagine hitting rock bottom, only to find that your ultimate success lies just beyond. For Josh Wiesler, a late-night Carleton Sheets infomercial sparked a passion that propelled him through years of struggle in the real estate industry. From driving around neighborhoods to find potential deals to enduring financial hardships and even working for a mentor who turned out to be a con man, Josh's story is nothing short of remarkable. His perseverance and commitment to learning eventually led him to find success in an industry where many fail.Throughout this episode, Josh shares how unexpected shifts in his career, including the COVID-19 pandemic, prompted deep self-assessment and the creation of his successful coaching company. He recounts pivotal moments, like a life-changing conversation with his father, and his partnership with Grant Hickman. Together, they evolved from an investing brokerage model to a thriving subscription-based coaching service. Josh's journey underscores the importance of adaptability, vision, and commitment in achieving long-term success, whether in real estate or any other field.Beyond professional achievements, Josh opens up about personal challenges, including overcoming obesity and emotional eating. He discusses the transformative power of self-forgiveness and the profound impact of personal growth on his life and business. Through invaluable insights, Josh highlights how inner peace and self-compassion can lead to extraordinary achievements.Join us as we explore the powerful lessons from Josh's journey, a narrative that inspires anyone striving to reach their dreams and live a more fulfilling life.About Josh WieslerJosh Wiesler, with over eight years of personal development and six years of real estate coaching, has guided hundreds of investors. He owns three companies and has extensive experience in wholesaling, property management, and buy & hold investing. His rental portfolio enhances neighborhood safety and value. Josh has completed over 100 real estate deals, generating over $1,000,000 in revenue and owning an 11-unit multifamily property.Catch him at the Gateway to Freedom Conference in St Louis on October 17 - 19, 2024! Get your tickets at www.g2free.com or get in touch at https://linktr.ee/emergingexecutiveConnect with Kevin Dairaghi!Website: www.kevindairaghi.comLinkedin: www.linkedin.com/in/kdairaghiInstagram: @thekevindairaghishowFacebook: www.facebook.com/kdairaghiGet free access to some of the tools we talked about at kevindairaghi.com/toolsYou are who you surround yourself with. Join the Tribe!RATE & REVIEW this episode on Apple and Spotify. SHARE this episode with someone.SUBSCRIBE so you don't miss out on any new episodes!

In this episode, Rodric sits down with Bradley, a seasoned real estate investor and entrepreneur. With a rich background in real estate, construction, and personal reinvention, Bradley shares his inspiring journey - from starting over from scratch after a divorce - to achieving significant success in the real estate market. Bradley reveals the practical steps and challenges of real estate investing, discusses the importance of taking action, and offers valuable advice for aspiring investors, including how raising hard money can be a LOT easier than you think, if you know how to go about it!What You Will Hear In This Episode:Bradley's passion for real estate started at 15 with a Carleton Sheets' cassette tapeHow he's bought and sold over $50 million in propertiesThe importance of taking action and learning from real-life experiencesPrivate money and hard money lending are key to real estate investingProper tenant screening and property management reduce late-night emergenciesBradley and his wife focus on teaching others through their podcast and resourcesQuote:“One of the things that prevented me from getting started early on was not understanding the world of hard money. But once you have a property under contract, people will come out of the woodwork to partner with you."– Bradley DorseyGuest links:flipmyfuture.comBradley's InstaResources:Million Dollar Flip FlopsFollow Us on InstaIf you aren't 100% confident what your ‘next right move' is in your business…I may have a tool that can help. Take the Entrepreneurial Journey Quiz and find out which stage you are in and which areas to focus on.Take the quiz now: https://milliondollarflipflops.com/quiz/

In 1999, after almost two decades in the restaurant business, William Tingle turned to a Carleton Sheets real estate course he ordered from a late-night infomercial. He used a $5000 credit card advance to kickstart his investing career and never looked back. One year later, he quit his job, paid off the credit card, and has since acquired over 600 properties using "Sub2" buying.    Today, he still buys 10 to 15 properties a year in select US markets and has trained countless successful real estate investors across the country. Listen in as he shares his deal-making process in this episode. Key Takeaways Creative financing techniques for property acquisition Essential Real Estate Documents: Disclosure, Sales Agreement, Authorization to Release, and Power of Attorney Understanding state real estate laws for successful transactions Dealing with deferred maintenance and lease options in real estate Managing a $71,000 Real Estate Deal (squatters and legal issues) Resources Rich Dad Poor Dad by Robert Kiyosaki www.Sub2TV.com www.Sub2University.com Send More Offers Program

Many often say they can't invest in real estate because they don't have the money. $50,000 can be a lot to come up with when you live paycheck to paycheck. What about using other people's money?  With a bit of creativity and some leg work, you may just find yourself a deal of a lifetime! Mark Monroe was interested in real estate at a young age, he began by taking the Carleton Sheets course and hanging “we buy homes” flyers in his town. It didn't long before he got the first phone call that led him to his first deal. The deal that gave him the real estate bug.  Since then he has grown into a successful business owner completing over $400 million in real estate and business transactions over the last 25 years and wrote Creative Real Estate Investing: How to Buy Real Estate with No Money and No Credit,Don't miss this informative conversation and discover opportunity! For more information or to connect with Mark, head over to mark-monroe.comCheck out The Real Estate Power Play PodcastAnd Pick up Mark's book athttps://www.amazon.com/Creative-Real-Estate-Investing-Credit/dp/B0BLR3QG8X/ref=sr_1_1?crid=TAXB28BGFRL4&keywords=creative+real+estate+investing+mark+monroe&qid=1669745617&sprefix=creative+real+estate%2Caps%2C94&sr=8-1To find out more about investing in multifamily real estate schedule a call at https://www.oncallinvestments.com/Interested in joining On-Call Capital's monthly meet-ups? Sign up at - https://www.meetup.com/Apartment-Investing-As-Your-Plan-B/events/281911649/

A look at the real estate investor who was one of the first stars of the half-hour infomercial.

We're back with another episode of Eat, Sleep, Invest, the podcast where we bring experts to share tips for investors to close more deals. In this episode, Bryan Driscoll talks with Tony Javier, an investor who has been very successful with TV marketing. Although TV marketing may not be the go-to for many investors, Tony has used it in tandem with other strategies to do almost 1,000 flips. Tony has been investing for over 20 years. He started with Carleton Sheets's No Down Payment system when he was waiting tables in college. After working without much of a team for years, he learned about the practicalities of having a great team and automation. Now, he works to help other investors replicate his success with TV marketing campaigns. Bryan and Tony talk about: How getting a good team of talented employees frees up time and gets the job done right The way TV can earn you credibility and trust because you become recognizable from your commercials How commercials work well with other types of advertising to bring potential sellers looking for help Why the audience for TV fits well as the target market for real estate investors How inexpensive commercials during key times have worked well for Tony's business Examples of getting big deals even within the first month of running commercials Tony's recipe for success that considers TV shows, easy to remember websites and phone numbers, and a clear message The benefits of having the owners in the commercials and how Tony's company takes care of scripts and everything else to make it easy The expected timeframe and amount investors will spend on commercials What are good markets for TV commercial marketing The ideal investors that will do well with TV commercial marketing: experienced investors already doing a lot of marketing, investors with their sales process put together, and investors that understand the process The obstacles to overcome to start making commercials on your own   Connect with Tony Javier: Realestatemasterstv.com/motivated  

Want to buy real estate with no money down? Don't have any money, credit, or experience? Carleton Sheets tells us you can do it. So does Terry Hale. We dig into this theory of creative seller financing with Terry and see if it is possible. He is doing this himself and teaching others to as well. Listen in to find out if you can apply this to your lifestyle.   Dual Impact Funds is the sponsor of this episode. Click for more details.   Today's Panelists: Kirk Chisholm | Innovative Wealth Barbara Friedberg | Barbara Friedberg Personal Finance Megan Gorman | The Wealth Intersection   Follow on Facebook: https://www.facebook.com/moneytreepodcast Follow LinkedIn: https://www.linkedin.com/showcase/money-tree-investing-podcast Follow on Twitter: https://twitter.com/MTIPodcast   For more information, visit the show notes at https://moneytreepodcast.com/creative-seller-financing-terry-hale

While most of us resist setbacks and struggles, both are crucial to our growth. In fact, the most successful investors are those who respond to failure with resilience. Who pick themselves up, dust themselves off and take the next step of uncomfortable action toward their dreams. Rob Rowsell embodies that kind of human will. In 1999, he was a homeless crack addict living on the streets. Then, he stumbled into a rehab center, and through sheer grit, Rob turned his life around. Today, he is a real estate investor, motivational speaker, multiple business owner and bestselling author of Addicted to Life: How I Went from Homeless to Extraordinary Success and Happiness in a Short Period of Time. On this episode of Financial Freedom with Real Estate Investing, Rob joins cohost Garrett Lynch and me to share his journey from homeless addict to successful multifamily investor. He explains why so many aspiring investors don't succeed, challenging us to develop a strong WHY and leverage visualization to reach our goals. Listen in for Rob's insight on cultivating the mindset you need to take action, grow through the challenges and achieve financial freedom as a multifamily investor! Key Takeaways  Rob's struggle with addiction Hooked on meth and crack cocaine Homeless and unemployable What inspired Rob's decision to change Realized on path to death or prison Pain to stay same > pain to change How Rob got back into society  Choose new people, places and things Willing to take uncomfortable action Why aspiring investors don't take action Biggest hurdle = previous successes Lack big enough WHY  How Rob uses visualization to reach his goals Write out as if already accomplished Read over to instill yearning, belief The traits of a successful entrepreneur Build momentum via stacked action Willing to act despite uncertainty Grow through catastrophic failure How Rob used knowledge to build momentum Ziglar taught potential to succeed Saved to buy Carleton Sheets course How Rob got into real estate Bought auto repair shops no $ down Used hard money for first few SFHs How Rob grew a 1K-unit multifamily portfolio Start with SFH buy-and-hold strategy Flip SFHs into small multifamily Reinvest profits in larger multifamily Connect with Rob Rowsell Addicted to Life Resources  Get Tickets for Deal Maker Bootcamp  Access Michael's Syndicated Deal Analyzer  Download Michael's Deal Maker Blueprint Learn More About Michael's Mentoring Program Addicted to Life: How I Went from Homeless to Extraordinary Success and Happiness in a Short Period of Time by Rob Rowsell See You at the Top by Zig Ziglar  Carleton Sheets  Michael on Facebook  Michael on Instagram  Michael on YouTube  Apartment Investor Network Facebook Group  Podcast Show Notes

We interview fix and flip real estate expert, Tony Javier, about his successes and failures, why he went Carleton Sheets style old school with his marketing, and what geographies are giving him the most opportunities. Don't miss this great insight into fix and flip real estate done the right way.   Today's Panelists: Kirk Chisholm | Innovative Wealth Barbara Friedberg | Barbara Friedberg Personal Finance Megan Gorman | The Wealth Intersection   Follow on Facebook: https://www.facebook.com/moneytreepodcast Follow LinkedIn: https://www.linkedin.com/showcase/money-tree-investing-podcast Follow on Twitter: https://twitter.com/MTIPodcast For more information, visit the show notes at https://moneytreepodcast.com/fix-and-flip-real-estate-tony-javier

You don't need a lot of money to begin investing. All you need to know is how to get money and expand it through compounding interest. In this episode, Randy Hammer shares how he started to invest in real estate, despite the lack of funds. Keep tuning in to learn more!  Key takeaways to listen for How to get started in real estate  Outstanding benefits of real estate investing  Challenges and opportunities in real estate  Streamlining business processes and workflows  Building a strong contractor relationship The secrets of a successful real estate investor Resources mentioned in this episode Carleton Sheets  Investor Book Pro by Mike Butler About Randy Hammer Randy Hammer began his real estate investing career in 1990 while working his full-time job at the Chrysler plant in Brownsburg, Indiana. The Carleton Sheets has lit his fuse about real estate, and he thought working on a farm was too hard and did not like it. So he bought 9 rental houses in his first year and 10 rentals in his 2nd year, all with no money out of pocket. Then, the Chrysler plant shut down and closed, and his 23 rentals replaced the income he was getting on his job. But, he has never looked back. He now lives in both Brownsburg, Indiana, and has a new home in Florida. He does 5 to 6 rehabs every month and has dozens of rental properties. Today, he lives the lifestyle he used to dream about, and he wants you to experience the same. Randy says, “If I can do it, you can do it too!”   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Today’s show is the second part of the Two-part series with Tony Javier on TV talk. Going back to the first part of this conversation, Tony Javier is an expert who rocks and rolls in the wholesaling community on TV.  He has been in the business for 20 years and started doing business by learning the fundamentals of wholesaling through a course called no down payment by Carleton Sheets. Previously, he talked about these fascinating things about TV: building credibility on TV and having a celebrity status just like in the radio, virtually no competition, the 10x ROI on TV, automated management in TV, and earning a lot in TV. In this episode, Tony will continue to talk about the benefits of TV vis-a-vis other marketing channels. He will touch on these things to highlight the benefits of TV: Return Of Time (ROT) and scalability of TV, how doing commercials on TV gets more quality deals, the process and difficulty level of doing commercials on TV that Tony offers to clients through the Done With You Program, and how easy it is to get conversions on TV. Be amazed at how beneficial TV is in hitting big deals in the wholesaling business. Do not miss this episode and get your takeaways from Tony! RESOURCES: Carleton Sheets REI Radio Program Real Estate Masters TV Program

Learn from William’s over 20 years of experience with creative financing with William Tingle. William Tingle had worked in the restaurant business for almost 20 years when in 1999, he ordered the Carleton Sheets course. He read it and took a $5000 advance from a credit card to start his real estate investing career. Exactly one year later he quit his job for good, paid the credit card off, and has to this day never used a penny of his own money for investing. William has written several real estate training courses and runs Sub2Deals.com, a website specializing in training investors on how to buy the property "subject to" the existing financing. Listen as William's answered our HOT SEAT questions directly to the point and learn actionable tips and key metrics that will help you along your journey! In this episode you will learn: 3:52 Toughest thing starting out is cold calling 5:50 Starting with local bank financing 9:20 Sub 2 investing & a relocation company how is it similar 10:30 How to position the sub 2 conversation 13:20 1st Sub 2 deal; what he learned 15:40 William’s target property avatar 18:30 What a smart investor do with sub 2 investing 21:30 Due on Sale Clause what is it and how it can affect your deal 25:00 Transfer of title explained in Sub 2 deals 26:00 Closing out the sub 2 deal 27:28 Qualifying Sub 2 deals 35:00 What to do if there is property damage by the tenant-buyer 37:15 Why Sub 2 is a great way for a Newbie to start 41:10 Sub 2 Investing how to educate an Agent or novice attorney 45:40 HOT SEAT Questions   Connect with William at: www.instagram.com/sub2deals www.twitter.com/sub2deals www.youtube.com/sub2deals www.pinterest.com/sub2deals www.facebook.com/sub2deals www.sub2podcast.com www.sub2forum.com www.sub2deals.com ---------------------------------------------------- Thanks for listening to this episode! And, if you enjoyed this episode, please share it on social media using the social share buttons below, and don't forget to leave a short review on iTunes.   Also, if you want to learn more about real estate wholesaling, feel free to visit my website and youtube channel.  If you get value from the videos and content we’re putting out, please subscribe. Schedule Your 15 Minutes Free Consultation with Marcus at: Marcusemaloney.com Grab my FREEBIES Resources for: Purchase Contract:  Assignment Agreement Link:  15 Questions to validate your seller:  Join our conversations at: Facebook:  Facebook group:  Twitter:  Instagram:  Linkedin:  -- Also, find the show on Feedspot: https://blog.feedspot.com/real_estate_podcasts Enjoy the Real Estate Journey!

EPISODE SUMMARY Undervalued industries are a goldmine but its not often that you come across one. Geoff Dearing says the self storage industry could be an undervalued gem. While there is now an awakening with more awareness about the industry as more big companies invest their time towards it, opportunity still remains fresh. Geoff, who is an expert in the industry explains how he develops self storage and finds success there. Geoff has been in real estate for over 17 years. He began by buying a duplex, and has worked on hundreds of deals and millions of dollars worth of real estate since. He has coached with gurus like Robert Kiyosaki and Carleton Sheets. In this episode you'll learn: How Geoff took a different route after high school and how it helped him Why develop self-storage rather than buying one that's already there. Self storage is an undervalued industry right now How to develop self storage from the ground up What Geoff does to add value to a property Guest's Bio: Geoff has been in real estate for over 17 years. He began by buying a duplex, and has worked on hundreds of deals and millions of dollars worth of real estate since. He has coached with gurus like Robert Kiyosaki and Carleton Sheets. Geoff has extensive experience with real estate investments specializing in commercial and residential cash-flow property. He has taught these concepts to thousands of students all over the world! He currently invests in storage units, apartment complexes, SFH's, and development. He created the Utah Real Estate Investor's Association in 2013 and currently presides as the President. He lives in the greater Salt Lake area with his wife Rebecca and son Lucas.  Contact Geoff at:  gwdearing@yahoo.com Connect With Us! To connect with Jason, please email or call him at: Phone: (303) 949-8662 Email: crep@ecospace.com Wesbite: Ecospace  We look forward to hearing from you! Please go to iTunes to leave us a rating and write a review. Each review helps us reach a larger audience with your episode

EPISODE SUMMARY Undervalued industries are a goldmine but its not often that you come across one. Geoff Dearing says the self storage industry could be an undervalued gem. While there is now an awakening with more awareness about the industry as more big companies invest their time towards it, opportunity still remains fresh. Geoff, who is an expert in the industry explains how he develops self storage and finds success there. Geoff has been in real estate for over 17 years. He began by buying a duplex, and has worked on hundreds of deals and millions of dollars worth of real estate since. He has coached with gurus like Robert Kiyosaki and Carleton Sheets. In this episode you'll learn: How Geoff took a different route after high school and how it helped him Why develop self-storage rather than buying one that's already there. Self storage is an undervalued industry right now How to develop self storage from the ground up What Geoff does to add value to a property Guest's Bio: Geoff has been in real estate for over 17 years. He began by buying a duplex, and has worked on hundreds of deals and millions of dollars worth of real estate since. He has coached with gurus like Robert Kiyosaki and Carleton Sheets. Geoff has extensive experience with real estate investments specializing in commercial and residential cash-flow property. He has taught these concepts to thousands of students all over the world! He currently invests in storage units, apartment complexes, SFH's, and development. He created the Utah Real Estate Investor's Association in 2013 and currently presides as the President. He lives in the greater Salt Lake area with his wife Rebecca and son Lucas.  Contact Geoff at:  gwdearing@yahoo.com Connect With Us! To connect with Jason, please email or call him at: Phone: (303) 949-8662 Email: crep@ecospace.com Wesbite: Ecospace  We look forward to hearing from you! Please go to iTunes to leave us a rating and write a review. Each review helps us reach a larger audience with your episode

Noel Walton of Eagles Capital began his real estate journey by purchasing Carleton Sheets real estate training cassette tapes for $200 at the tender age of 19. His attention was later brought back to real estate investing while working for a property owner and realizing the income real estate investments generated. Moving past a fixed mindset, Noel decided to find areas he wanted to improve and learned how to accomplish that. When he and his wife decided to push past fear to purchase their first investment they found the rewards exceeded their expectations. Noel Walton is the President of Eagles Capital, a commercial multi-family investment company. He is also an Army Aviation Officer with over 20 years of military service. He and his wife Claudia began real estate investing in 2012 and have since managed numerous fix and flips, hold a portfolio of single-family rentals and are passively invested in 50 apartment units. They began investing in multi-family real estate to reach their goal of financial freedom due to its’ scalability and long-term wealth opportunities. Noel draws from his experience in past investments, decision making as a UH-60 Blackhawk Pilot and military leader and conquering fear as a skydiver. They have two daughters, Hannah (4) and Julia (1). They have a passion for giving back to causes assisting children and homeless/struggling veterans."Trust your knowledge and take action!"Reach out to Noel via LinkedIN Click Here

You hear all the time about old gurus, teaching stuff today, that they have not done in decades! Hence, Matt decided to check if there is any truth to that and pulled the Top 10 Creative Financing Techniques from Carleton Sheets’ program, No Money Down, from 1989! Tune in and find out how much these old strategies differ from the modern ones that Matt teaches!

Geoff Dearing goes into detail about Storage units investment property from buying a used storage unit business from building one from the ground up. Find out how to analyse a Storage unit property and what does a cap rate mean. about GeoffGeoff has been in real estate for over 17 years. He began by buying a duplex, and has worked on hundreds of deals and millions of dollars worth of real estate since. He has coached with gurus like Robert Kiyosaki and Carleton Sheets. Geoff has extensive experience with real estate investments specializing in commercial and residential cash-flow property. He has taught these concepts to thousands of students all over the world! He currently invests in storage units, apartment complexes, SFH's, and development. He created the Utah Real Estate Investor's Association in 2013 and currently presides as the President. He lives in the greater Salt Lake area with his wife Rebecca and son Lucas. Feel free to contact him at:E-mail: gwdearing@yahoo.comPhone: (801) 232-9500CLICK ON THIS LINK-- https://www.youtube.com/channel/UC9Eq_SI-m7tW6rDASUSJ-3Q?sub_confirmation=1

From a Carleton Sheets infomercial to a high production flipping business our guest has mastered finding leads, negotiation, and the close. This is a real no fluff interview that will inspire you to set up your systems TODAY! Best Ever Tweet: Lean on people that have done what you want to do. Tony Javier Real Estate Background: - CEO of Real Estate Prodigy, an educational platform for real estate investing professionals - Founder and CEO of Professional Home Buyers - Team does over 100 transactions a year while he lives in San Diego running Real Estate Prodigy - Over 16 years in experience in real estate - Based in Wichita, Kansas - Say hi to him at http://prohomebuyer.com/ - Best Ever Book: 7 Habits of Highly Successful People Click here for a summary of Tony's Best Ever advice:   Made Possible Because of Our Best Ever Sponsors: Want an inbox full of online leads? Get a FREE strategy session with Dan Barrett who is the only certified Google partner that exclusively works with real estate investors like us. Go to  to schedule the appointment. Subscribe in  and  so you don’t miss an episode!  

What is your mindset after losing a listing to another agent? How do you recover after getting your teeth kicked in by buyers and sellers who took their business elsewhere? Real estate agent supercoach Hank Avink shares his 5-step system for recovering from setbacks which, when put into practice, will help real estate agents like yourself move forward with the right mindset and make more money in real estate. Stop the car, turn up the volume on this podcast, get out the pen and paper and start taking notes! Hank bought his first rental property on April 1st of 1998 at the ripe young age of 20 after being the captain of a Jr. Hockey team that won a National Championship. Soon after, he was on the Carleton Sheets infomercial having acquired 42 rental units. Hank had a commercial note call due with not enough cash on hand and went from being a "Millionaire" to bankrupt in about 18-24 months. Just about the time Hank met his now wife of 12 years. Between now and then they’ve had 3 children, one who had to have open heart surgery (Important part of Hank’s story) at 6 days old. While going bankrupt, Hank did residential ending for 5ish years and then jumped into residential Real Estate, where he wore every hat from Buyers agent to solo agent, to "Mega Agent", to Team Leader, to BOLD Coach and now owner and founder of the National Coaching League.   Join us as Hank shares his mindset and a glance at his journey to becoming a Real Estate Rockstar by helping real estate agents move forward and make more money in real estate. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode I talk to Eric Persha. Eric is a native Detroiter who went away for college then decided to come back to the area and get into real estate. He’s in REI to make money, but he also likes participating in the renaissance of the city.   REI News   NO REI news this week. My conversation with Eric went way long, so we skipped the news and went right into the interview.   Current Business   Eric’s company is called Rehab Detroit. It’s he and his mom working together, and together they’re rehabbing and selling everything from single family homes to four-plexes.   They’re focusing in specific areas in the metro area, and they also do quite a bit in the city of Detroit.   How He Got Started in REI   Score another one for Carleton Sheets! Eric’s parents had been investing down south, so when he moved back here after he graduated from college, he asked his parents why he couldn’t invest here.   His dad went over to the bookshelf and gave him his copy of the Carleton Sheets program.   He went into business with his dad, and four months later he found his first deal. And he hasn’t stopped since.   Biggest Mistake   Eric’s biggest mistake was his first deal. Like most investors, he made a lot of mistakes on his first deal. He hired a friend of a friend to do the work, and it was a disaster. So much so that it cost him almost $15,000 to sell the house.   Biggest Success   His biggest success was a house that he bought just after New Year’s this year. He did a six week rehab, and then had it sold within SIX hours of listing it.   He would have sold it in TWO hours if he hadn’t demanded that the buyers actually go and physically visit the house.   Money Talks Private money is the main source of funding. They had been strictly using family monte, but when they lost out on a couple of deals because they couldn’t sell their current inventory fast enough and free up cash they decided to start using private money.   Answer to Listener Question   The question that I asked Eric was “How do you keep contractors honest on a job?”   He had a great answer - he screens them heavily in terms of prior references and work completed. Then he has then fill out six documents on every job, which include:   1. Scope of work 2. W9 3. Release of Lien 4. Proof if insurance 5. Payment schedule 6. Materials list   Like most of us he had to experiment to find a great contractor. And unfortunately it seems that they all go bad at some point.   Links and Resources   Eric is looking for:   1. Wholesalers 2. JV Partners 3. Private Money   And if you’re an aspiring wholesaler who’s serious about learning the craft, Eric will spend the time to teach you how he does business and what he’s looking for.   To get a hold of him, you can call him on his office line which is (248) 817-2224 (x3) or send him a message through his facebook page which is here: https://www.facebook.com/RehabDetroit       If you have feedback on the show, a question you’d like answered, a news item, or perhaps a recommendation of someone you’d like me to interview, or if you’d like to be a guest on the show, go to http://www.REITalkDetoit.com/contact and let me know about it.  

In this episode I talk to Aaron Yates. We talk about the challenges that lead to him getting started in real estate, we talk about his bankruptcy, we talk about the REI Meetup he founded, and he shares two resources that have made a huge difference in his investing business.     REI News   It’s been a slow week in the news department, so I’ll take this opportunity to ask you for a rating and a review in iTunes. If you like the interviews and the format of the show, you can leave a review via the show’s homepage at REITalkDetroit.com. Click on the box that says leave a review. It’s that easy and it takes two minutes. I would appreciate the feedback.   And if you have a news item to contribute or an event coming up, drop me a line and I’ll get it on the show.     Current Business   Rentals! Aaron is accumulating rentals one by one as he can pay cash for them. It’s great strategy that’s helped him towards his goal of not needing a day job.   He’s starting up a construction company as well to further diversify his income.   If you’d like to talk to him about either of these, drop by his facebook page at CKI Properties and drop him a line.     How He Got Started in REI   he got started the way a lot of people did - by buying a Carleton Sheets program.   He couldn’t afford it so he read it and sent it back, but when he bought his personal residence he got a check at closing, which got him hooked on real estate investing.     Biggest Mistake   Aaron says that his “two year, $5k, live in and fix and flip” project is his biggest mistake. He’s been living there now for several years, and he’s put $20k into the home and it’s still not done.   On the bright side though, he has learned a ton from the experience, he has a great house, and the value has come back such that he’s break even on the home even with the $20k he has put into it.   So he actually received a good education without it costing anything.     Biggest Success   Without a doubt his biggest success is accumulating six free and clear rental houses. Not a bad portfolio!     Money Talks Right now Aaron is buying rentals with his own money and buys a new one when he saves up the cash. He’d like to start doing rehabs and flips, and will start looking for private money to fund that activity.     Answer to Listener Question   The question that I asked Aaron was “What’s the quickest way for a new investor to learn how to estimate rehab costs accurately?”   He had a great answer - and it’s the same thing that I did when I got started. He suggested that you create a spreadsheet with each item that needs to be replaced. Flooring, caplets, bathroom fixtures, outlet covers, etc.   Then go to home depot and price every item. If you capture all the items that need work, then your material cost will be spot on. You should then talk to a contractor in your area to determine what to add for labor costs if you decide to pay someone else to do the work.     Links and Resources   If you’d like to talk to Aaron about anything that we talked about in the interview, you can reach him via telephone at (586) 799-3254 or via Facebook at CKI Properties.       If you have feedback on the show, a question you’d like answered, a news item, or perhaps a recommendation of someone you’d like me to interview, or if you’d like to be a guest on the show, go to http://www.REITalkDetoit.com/contact and let me know about it.

Looking for opportunity in today’s market? Listen in as Carleton Sheets and two of his Real ProfitsTM Coaches talk about the Real Estate Trends of 2008, and how to capitalize on them.

Part 2: Carleton Sheets is interviewed on Steve Crowley’s American Scene radio show about the current real estate market.

Listen to Carleton's recent interview with Jack Colwell on KCUE AM out of Minneapolis, Minnesota. Carleton will talk about the current real estate market and dispel the misconceptions that turn novice real estate investors away from making serious money. Carleton puts the myths to rest and lets you in on his valuable real estate investment secrets.

Carleton discusses the history of his real estate career and how he has been successful for 36 years with host Jack Roberts. Carleton will shed light on the creative financing techniques from his No Down Payment course. Listen as Carleton writes off the myths and misconceptions surrounding the real estate bubble and the current real estate market.

Listen as Carleton briefly explains some of the techniques he has proven to work time and time again. He will dispel the myths and misconceptions that are associated with the "real estate bubble" and the current real estate market. Carleton will reveal some of his real estate secrets to help the new investor get started in the business. It's not what you know about real estate it's what you don't know that can cause you to make a mistake and cost you money, Carleton cannot stress enough that education is a key factor in becoming successful. Visit www.carlton2006.com for helpful tips and strategies on investing.

Is the real estate bubble about to burst? Carleton explains the ups and downs of the current real estate market. Find out about the real estate bubble, what you need to do to protect yourself and how to continue to be successful in the real estate market.

Carleton speaks about investing in the current "buyers market" and the misconceptions people have with the current real estate market due to negative media coverage. Carleton will also discuss the "dos and don'ts" on how to acquire a mortgage that best suits your individual situation. Getting to know the market place and making intelligent decisions based on knowledge are key factors in being a successful investor.

Unfamiliar with a certain neighborhood? This month, Carleton Sheets will show you how to obtain valuable information on any area including demographics, median household income, schools, and much more.

Do you think Closing Costs are too high? Listen in as Carleton discusses closing costs and how you can negotiate to lower those costs.

Listen to Carleton as he talks about the misconceptions people have with the current real estate market due to negative media coverage. Carleton will give sound advice about becoming a successful real estate investor in today's buyers market. Carleton will advise listeners where an investor should look to buy real estate and what a new investor needs to do to start an investment business.

Carleton is interviewed on Mark in the Morning and talks about the benefits of becoming a real estate investor. Carleton mentions how the real estate market in Richmond - like many cities around the country - is a great place to invest. He'll discuss the difference between speculators and investors, the importance of gaining the knowledge of real estate investing, as well as the importance of getting to know your own neighborhood. Finally, Carleton talks about his future and how investing has impacted his life.

Listen as Carleton speaks with host Jill Endraske about the current housing market. Carleton will discuss why the perfect time to buy real estate is now and how to get into the real estate investment business. Learn how to become a successful real estate investor with Carleton's No Down Payment techniques.

Hear Carleton's interview with WGVE radio host Lisette Guillen. Carleton will shed light on myths and misconceptions surrounding the real estate bubble and share some of his real estate success secrets. Learn how to utilize his valuable real estate courses to become a successful real estate investor.

Listen to Carleton as he explains the mistaken beliefs associated with the "real estate bubble." He will compare the similarities of the current "real estate bubble" to the Florida market he dealt with 10-12 years ago. Carleton will reveal what he learned about the real estate bubble from personal experience and divulge his secrets on how he was able to make money when other investors struggled. He will speak about the myths associated with real estate investing and provide creative ways of buying in the 'Buyers' market we currently face. Carleton also mentions his new website carleton2006.com where you can find tips on how to invest in the market place today.

Listen as Carleton discards the myths and misconceptions surrounding the real estate bubble and the current real estate market. Carleton will give sound advice about becoming a successful real estate investor in today's buyers market. Carleton will advise listeners where an investor should look to buy real estate and what a new investor needs to do to start an investment business. He stresses his program is about investing in Real Estate and not on speculation. Visit www.carleton2006.com for more helpful real estate tips.

Loose credit standards in the last 5 years are beginning to affect other parts of our economy including residential construction and the stock market. Since 25% of mortgages carry adjustable rates Carleton's encourages you to take advantage of this unusual market condition and to look for vacant and rundown properties, find the owner and find out the details of the property. He notes your goal is to determine if it's in foreclosure but to be aware of negative equity that has become a huge issue with mortgages today. If the owner is upside down, contact the mortgage lender in the REO department to find out what they'll sell the property for. Banks may sell at a discount or a lower interest rate. Carleton emphasizes how this is a window of opportunity that will only last another 6-12 months so encourages investors to start investing.

Carleton speaks about investing in the current buyers market and the misconceptions people have with the current real estate market due to negative media coverage. Since it is a Buyers Market this is a perfect time for people who want to become investors to start making offers. Carleton stresses education is a key factor in becoming a successful investor in getting to know your area. Newspaper headlines are focusing on the parts of the country where we do have an overpriced situation so therefore we're getting a feeling we're in a terrible market when really we're not. Visit www.carleton2006.com for more helpful real estate tips and investing strategies.

Part 1: Carleton Sheets is interviewed on Steve Crowley’s American Scene radio show on 3/31/09 about the current real estate market.

Listen in as Carleton Sheets explains how establishing a line of business credit can help protect your personal credit, as well as help increase your borrowing power!