Podcasts about collecting keys podcast

As we celebrate the Best of 2024, our fourth standout episode features Mike DeHaan, a real estate wholesaler and deal-sourcing expert who has redefined the art of finding off-market deals. Mike's journey from leaving his corporate job to becoming a successful entrepreneur is as inspiring as it is insightful.In this episode, Mike shares:His transition from a corporate career to real estate wholesaling.Strategies for finding motivated sellers through direct mail and targeted outreach.How to build scalable sales and marketing systems that drive massive income.Tips on expanding into multiple markets while staying focused on profitability.Mike's story highlights the importance of consistency, the power of effective systems, and the rewards of a bold entrepreneurial spirit. His success through the Collecting Keys Podcast and the Scale community is a roadmap for anyone looking to thrive in real estate investing.Ultimate Shownote:[00:02:08] Mike's Journey to Real Estate[00:02:30] Transition to Off-Market Deals[00:04:55] Mike's Background and Decision to Quit Corporate Job [00:11:40] Transition to Real Estate[00:13:04] Value Add Strategy in Real Estate [00:20:15] Building a Sales and Marketing System[00:32:36] Scaling the Business and Expansion[00:35:03] Connecting with Mike and Collecting Keys PodcastTurn your unique talent into capital and achieve the life you were destined to live. Join our community!We believe that Capital is more than just Cash. In fact, Human Capital always comes first before the accumulation of Financial Capital. We explore the best, most efficient, high-integrity ways of raising capital (Human & Financial). We want our listeners to use their personal human capital to empower the growth of their financial capital. Together we are stronger. LinkedinFacebookInstagramApple PodcastSpotify

Welcome back to Real Estate Breakthrough! In this episode, I sit down with Mike DeHaan, a successful real estate investor and host of the Collecting Keys Podcast. Mike shares his incredible journey from leaving a high-paying engineering job at Boeing to building a national flipping and wholesaling business that spans multiple markets.

From walking crack houses to now leading a real estate team, Mike and Dan have come a long way since starting the Collecting Keys Podcast. In this 200th milestone episode, they reflect on the growth of their business, building a community of real estate investors, and the show's most popular interviews, most memorable stories.Mike and Dan aren't just celebrating 200 episodes; they're also marking a record-breaking month of closings. Yet as every real estate investor knows that closings can be tricky business, with last-minute surprises and delays that threaten to ruin a deal. It's hard to walk away after you've put in the work but it's crucial as an investor to know when to cut your losses, which is exemplified by the story of a challenging deal that fell apart at closing.Join us to hear insights from the past 200 episodes of the Collecting Keys Podcast!Topics discussed in this episode:Evolution of the Collecting Keys PodcastPerks of building a podcast communityWhen to walk away from real estate dealsThe Airbnb market in Austin, TexasWatch the new Collecting Keys Animated Adventures series on YouTube! https://www.youtube.com/@collectingkeysCheck out the FREE Collecting Keys “Sub To Transactions” Master Class!https://collectingkeys.com/subtoIf you're an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://collectingkeys.com/Check out the Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeys.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://collectingkeys.com/free/If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://collectingkeys.com/keyscon-2023/ and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:https://collectingkeys.com/https://www.instagram.com/collectingkeyspodcast/https://www.instantinvestorprogram.com/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/https://www.youtube.com/@collectingkeysThis episode was produced by Podcast Boutique https://www.podcastboutique.com

Episode #173 - Collecting Keys - Real Estate Investing PodcastSystems and leverage have been a huge game changer for me. In this episode of the Collecting Keys Podcast we'll explore these two aspects diving into things like hiring the right people and effective time management.Later in the show I also share some practical advice on growing your real estate business without letting it take over your life. Excited to dive into this one!

Today, Dan Austin connects with us to talk about their marketing and sales platform, how they help investors acquire the best deals in the market, and guide us in the right direction of creating good investing partnerships.Dan also gives us some value through his learning experiences as a former US military member, the importance of commitment in making decisions and choices, and conquering fears of investing in real estate. Dive in because there's much we can offer in this episode!Key Points & Relevant TopicsDan's realizations that shifted his mindset and started his investing careerWhy Dan chose real estate as his wealth-building mechanismOvercoming the fear of taking risks in real estate investingAdvice on finding and creating a business partnership that worksThe value of having grit and commitment in business or any aspect of lifeCollecting Keys: What it does, the services it offers to investors, and the asset classes covered Typical fees and marketing budget involved in availing Collecting Keys' servicesCollecting Keys Podcast's purpose and the kind of real estate stories it featuresThe mindset you must have to keep going despite investing challengesResources & LinksCollecting Keys - Real Estate Investing PodcastApartment Syndication Due Diligence Checklist for Passive InvestorAbout Dan AustinAs a former member of one of the most elite and highly trained special operations military groups, Dan learned firsthand the power of perseverance, teamwork, and a relentless commitment that allows ordinary people to achieve extraordinary things. Dan departed from the military after 8 years and 6 combat deployments to Iraq and Afghanistan to pursue a career in Corporate America, albeit a short one. After working just a few short years in Corporate America as an Electrical Engineer Dan sought out a path to financial freedom through real estate and entrepreneurship. His journey began in 2016 and quickly scaled his business, wholesaling, flipping, and buying over 100 properties in just two years. While building his wholesaling business, the Collecting Keys business model was born as the only direct-to-seller full marketing and sales service offered to their real estate investor clients. Providing a first-of-its-kind service, the business grew to 25 markets across the US in just 6 months, with plans to be in 100 markets by the end of 2024. Dan is also the host of the Collecting Keys Podcast, where he and his co-host talk about the real day-to-day ups and downs of being a real estate investor and running a nationwide off-market real estate business. Get in Touch with DanWebsite: https://collectingkeys.com/ LinkedIn: Daniel AustinFacebook: Dan Austin / Investor Man DanInstagram: @investormandanTikTok: @investormandanTwitter (X): @investormandanTo Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!

  Mike DeHaan worked as an engineer at Boeing for 5 years before starting a full-time real estate investment business in 2018. Since 2020, his real estate investment company has scaled to 9 markets, buying off-market real estate and completed over 130 transactions and building a portfolio of over 50 units in which he is the majority owner.   As the host of the Collecting Keys Podcast, Mike dive deep into running a true real estate investing business as well as a coach and educates other investors on how to do the same through his Instant Investor Program.   In this episode Mike shares his transition from engineering to real estate investment. He believes that one of the factors in his success is his extreme willingness to take action and have a relatively high-risk tolerance. Most business people say now that you need to say no to more stuff and be laser focused on certain things. But Mike was always the guy that said yes. Did being a yes man help him find success in real estate in a relatively short time? Listen to the latest episode of The Results Engine podcast to find out how saying yes to everything help Mike's real estate business.   Connect with Mike DeHaan LinkedIn Instagram On the Collecting Keys Podcast, join seasoned investors Mike & Dan as they unveil the roadmap to thriving in real estate, sharing real experiences and actionable strategies. Are you looking to sell a residential property? Check this link: https://backyardpropertygroup.com/ Have a Real Talk with Real Investors   Connect with Mike Szczesniak Instagram LinkedIn YouTube

FF76 - What were our top 5 Episodes of 2023?For the final Friday Focus episode of 2023, host Mike DeHaan is looking back at the top episodes of the year. From land contracts to multifamily properties, these episodes cover a variety of topics with guests Matt Picheny, Ryan Corcoran, Drew Wiard, and more.Each episode provides great insights on how to start and then scale your real estate business, sharing investment strategies and actionable advice for new and experienced investors.If you're an aspiring real estate investor, this episode is the perfect resource to get started. Tune in now!Listen to Collecting Keys Podcast's most popular episodes of 2023!EP 107 - From Taking 2 Years To Your First Deal to 1000 Units With Matt Picheny: https://www.collectingkeyspodcast.com/blog/ep-107-from-taking-2-years-to-your-first-deal-to-1000-units-with-matt-pichenyEP 109 - Using Direct Mail to Find Multifamily Properties with Ryan Corcoran: https://www.collectingkeyspodcast.com/blog/ep-109-using-direct-mail-to-find-multifamily-properties-with-ryan-corcoranEP 97 - Becoming a Cash Flow Master with Drew Wiard: https://www.collectingkeyspodcast.com/blog/ep-97-becoming-a-cash-flow-master-with-drew-wiardEP 105 - Buying Houses With 0% Interest Debt (Seriously!) With Brandon Elliott: https://www.collectingkeyspodcast.com/blog/ep-105-buying-houses-with-0-interest-debt-seriously-with-brandon-elliottEP 95 -How to Systematize a Real Estate Business to Massive Scale with Steve Rozenberg: https://www.collectingkeyspodcast.com/blog/ep-95-how-to-systematize-a-real-estate-business-to-massive-scale-with-steve-rozenbergCheck out the FREE Collecting Keys “Sub To Transactions” Master Class!https://www.collectingkeyspodcast.com/subtoIf you're an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/storeDownload the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:http://www.collectingkeyspodcast.comhttps://www.instagram.com/collectingkeyspodcasthttp://www.instantinvestorprogram.comhttps://www.instagram.com/mike_investshttps://www.instagram.co

Building a Virtual Cash Flowing Portfolio with Grace GudenkaufEpisode 165Determined to make smart financial decisions and be her own boss, Grace Gudenkauf boldly entered the world of real estate investing in 2020. Fast forward three years and she now manages a substantial virtual portfolio, leads the Women Invest in Real Estate (WIIRE) community, and has achieved financial freedom.In this episode of Collecting Keys Podcast, Grace shares her investment and entrepreneurial journey, diving into her cash flow-focused investment strategy and ambitions to build a self-sustaining business through efficient systems and processes.Her story highlights the importance of building a network, overcoming fears, and learning from your mistakes as a young investor and entrepreneur.Tune in to hear how a “work smarter, not harder” approach can help you achieve financial freedom!Topics discussed in this episode:Grace's investment portfolio and strategyAppreciation versus cash flowManaging a virtual portfolio and building a teamThe Women Invest in Real Estate (WIIRE) CommunityReal estate as a path to entrepreneurshipTurning lessons into opportunitiesConnect with Grace Gudenkauf:https://www.instagram.com/grace.investing/https://www.instagram.com/wiire.community/Learn how to start your own real estate investing business in the NEW Accelerator program! Sign up for one of 10 spots here: https://www.collectingkeyspodcast.com/launchIf you're an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/storeCheck out the NEW Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeyspodcast.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:https://www.collectingkeyspodcast.comhttps://www.instagram.com/collectingkeyspodcast/https://www.instantinvestorprogram.com/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/This episode was produced by Podcast Boutique https://www.podcastboutique.com

How to NOT get wrecked by Insurance Companies with David MelzerEpisode 163Have you ever felt shortchanged by an insurance claim on your property? You are not alone!Joining Mike and Dan today on Collecting Keys Podcast is David Melzer, a public insurance adjuster with expertise in advocating for property owners as they battle insurance companies for a better payout. He explains the role of public adjusters and the complexities of insurance claims, including why many insurance companies give lowball estimates and mistakes policy holders make when dealing with insurance companies.Having previously worked for insurance companies, David has a unique perspective on the claims process that can help you navigate the challenges of insurance claims. For example, he shares why claims can be so difficult to get resolved and changes in the industry that may impact you.This episode is a must-listen for anyone with insurance, but especially real estate investors. Tune in to learn how a public adjuster can help you get more money on your next claim!Topics discussed in this episode:The role of public insurance adjustersWhy insurance companies give such lowball estimatesChallenges in the insurance claims processDos and don'ts of dealing with insurance companiesHow to vet potential public adjustersWhy insurance companies are leaving some statesDavid's crazy experience with property managementThe benefits of hiring a public adjusterLearn more about David's company, Property Claims Consultant: https://propertyclaimsconsultant.com/Connect with David Melzer:https://www.instagram.com/Propertyclaimsconsultant/https://www.facebook.com/david.melzer.16https://www.yelp.com/biz/property-claims-consultant-encinitas-6Learn how to start your own real estate investing business in the NEW Accelerator program! Sign up for one of 10 spots here: https://www.collectingkeyspodcast.com/launchIf you're an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/storeCheck out the NEW Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeyspodcast.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:https://www.collectingkeyspodcast.comhttps://www.instagram.com/collectingkeyspodcast/https://www.instantinvestorprogram.com/https://www.instagram.com/mike_invests/

FF 71 - CRAZY AIRBNB SQUATTERS & EVICTION NEED TO KNOW RULESIn the game of renting, not all players follow the rules. Landlords can face a myriad of challenges, but among the worst are tenants who stop paying rent or short-term guests that overstay their welcome. Collecting Keys Podcast listeners have seen the headlines about these distressing rental scenarios, so host Dan Austin is taking over this week's Friday Focus episode to dive into everything you need to know about evictions.After sharing a couple crazy stories of real-life nightmare renters, he highlights the landlords' crucial mistakes and unpacks the complexities of state and local eviction laws. This episode provides actionable advice on navigating these tough situations and avoiding a lengthy eviction process.Tune in to learn how to protect your investments from non-paying renters and Airbnb squatters!Topics discussed in this episode:Eviction stories in the newsHow to protect yourself as a landlordEvictions of guests in short-term rentalsDealing with squatters and trespassersAvoiding evictions and our “cash for keys” strategyIf you're an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/storeDownload the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:http://www.collectingkeyspodcast.comhttps://www.instagram.com/collectingkeyspodcasthttp://www.instantinvestorprogram.comhttps://www.instagram.com/mike_investshttps://www.instagram.com/investormandanThis episode was produced by Podcast Boutique https://www.podcastboutique.com

Building ADUs for HUGE Value Add with Alvin UyEpisode 159From Shark Tank contestant to designer and now successful real estate pro, Alvin Uy is a true entrepreneur with an unparalleled drive. His commitment to learning the ropes of the real estate game has made him a jack of all trades — he started a mortgage company, rehabbed properties, earned his real estate license, and more.In this episode of Collecting Keys Podcast, Alvin shares his 20 years of experience building an impressive portfolio in California's tough real estate market. Backed with a wealth of knowledge, he's been able to find opportunity in every real estate cycle, even today's dynamic market marred by high interest rates.Alvin also dives into California's SB9 rule and his success with accessory dwelling units (ADUs), which he refers to as the “new California gold rush.” You'll also learn the importance of creativity in real estate investing, tailoring your strategy to local conditions, and lots more.Tune in for lessons in ADUs and property development from Alvin Uy!Topics discussed in this episode:How being an immigrant shaped Alvin's work ethic Leveraging his business experience to transition into real estateAlvin's approach to real estateInvestment strategies and developing ADUsThe story of Alvin's first propertyhttps://www.facebook.com/AlviinUy/https://www.instagram.com/alvinized/https://www.linkedin.com/in/alvin-uy-aa84426/Learn how to start your own real estate investing business in the NEW Accelerator program! Sign up for one of 10 spots here: https://www.collectingkeyspodcast.com/launchIf you're an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/storeCheck out the NEW Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeyspodcast.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:https://www.collectingkeyspodcast.comhttps://www.instagram.com/collectingkeyspodcast/https://www.instantinvestorprogram.com/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/This episode was produced by Podcast Boutique https://www.podcastboutique.com

In this episode, we sit down with co-host of the Collecting Keys Podcast, Dan Austin. Dan is a seven-year military veteran with a background in engineering that has a story that resonates with many of us: the desire to build financial independence through real estate while holding down a 9-to-5 job. Dan takes us on his incredible journey, sharing how he managed to successfully build a million-dollar wholesale business and a thriving real estate investment portfolio, all while working a W2 job. You'll hear about the challenges he faced, the lessons he learned, and the strategies he employed to make it all work. From his early days in real estate to the pivotal moments that shaped his career, Dan's story is not just inspirational but also filled with practical insights for anyone looking to follow a similar path. Tune in as Dan shares his secrets to achieving the delicate balance between a W2 job and building significant wealth through real estate and wholesaling. If you've ever wondered if it's possible to achieve financial freedom while working a traditional job, this episode is a must-listen. Get ready to be inspired and motivated as we dive into Dan's extraordinary journey to success.**After listening to the episode, if you are interested in learning more about the 10Y Rise Fund opportunity, please visit www.juice-enterprises.com/10Y and sign up for our webinar that we are hosting on October 25th at 7:00pm. This opportunity is open to accredited investors only!**If you enjoy the show, please leave us a review on Apple Podcasts or Spotify! It takes less than a minute and makes a huge difference in helping us land high profile guests to best serve our audience. Are you looking to partner on real estate deals or expand your personal portfolio? Click here to join our investor club and be notified about upcoming partnership opportunities.  Previous Guests on The Weekly Juice Podcast include: Brandon Turner, Tarek El-Moussa, David Greene, Tony J. Robinson, Mike Ayala, Jamie Gruber, Robert Croak, Mark Simpson, Chad “Coach” Carson, Heather Blankenship, Tim Bratz, J. Scott, Matt Faircloth, Michael Elefante, Devon Kennard, Paula Pant, Jake Harris, and Avery CarlFollow Us on Social Media:Instagram: instagram.com/weeklyjuicepodYouTube: youtube.com/@weeklyjuicepodTwitter: twitter.com/weeklyjuicepodThreads: threads.net/@weeklyjuicepodTikTok: tiktok.com/@weeklyjuicepod**This episode is brought to you by RentRedi. We get asked all the time how we manage our real estate portfolio while still having W2 jobs. Our secret is RentRedi. This all-inclusive property management software can do it all. It helps us with rent collection, accounting, tenant screening, maintenance requests, marketing, tenant communication and much more. To get more of your time back and streamline your rental portfolio with RentRedi, make sure to use promo code “WEEKLYJUICE” to receive 50% off any plan. **Disclaimer: The information provided in this podcast is for informational purposes only and should not be considered as financial advice. The content of this podcast is based on the personal opinions and experiences of the speakers, and it is important to do your own research and seek professional advice before making any financial decisions. Investing in financial markets involves risk, and you should be aware of the potential for loss. Always consult with a qualified financial advisor or professional before making any investment decisions. Remember, the opinions expressed in this podcast are solely those of the individuals involved and do not necessarily reflect the views of any organizations they are affiliated with.

In this exciting episode of Inside The Wolf's Den, Shawn and Joni have the pleasure of interviewing an incredible guest, Mike Dehaan, a real estate investing expert, successful entrepreneur, and cohost of Collecting Keys Podcast. Mike's journey is one of transformation and determination. After spending five years as a corporate engineer, he discovered his true passion and skillset in building scalable and repeatable systems. Taking a leap of faith, Mike made the bold decision to quit his engineering career in 2018 without a clear plan in mind. However, he used the following two years to immerse himself in the world of real estate investing and business, acquiring a wealth of knowledge and expertise. Late in 2019, Mike's hard work and dedication paid off as he launched his own investing business. But what sets Mike apart from others in the industry is the incredible system he designed. Through continuous refinement, definition, and simplification, Mike has created a system that allows him to connect with hundreds of motivated sellers every month. This innovative approach has not only propelled his business forward but also enabled him to build a substantial rental portfolio. During this episode, Shawn and Joni delve into Mike's journey, exploring the challenges he faced, the lessons he learned, and the strategies he employed to achieve success in the competitive world of real estate investing. Listeners can expect to gain valuable insights into building scalable systems, the importance of perseverance, and the power of strategic planning. So, whether you're a seasoned real estate investor or simply curious about the industry, join Shawn and Joni as they unravel the secrets behind Mike Dehaan's remarkable achievements. Please tune in to Inside The Wolf's Den and get ready to be inspired by the incredible story of an entrepreneur who turned his passion into a thriving business. Mike's Link: https://mikeinvests.com Collecting Keys Podcast: https://www.youtube.com/@collectingkeys-realestatei2946

 Mike was once shackled to the conventional 9-to-5 grind but found time freedom and financial independence with real estate, making an astonishing $50,000 within six weeks of his first deal.So, what is wholesaling? Wholesaling real estate involves finding a rundown house and passing it off to an investor who pays you a finder's fee, without the need for huge down payments or even having to close on the property yourself.Tune in and discover how you can change your life!Subscribe and leave us a review! David's Social: @dlecko https://www.dealmachine.com/pod Ryan's Social: @heritage_home_investments https://www.heritagehomeinvestments.com/ Mike's Social: @collectingkeyspodcast

Mike DeHaan is a full-time flipper and wholesaler. Mike is currently helping partners close deals in 15 markets across the US using these same marketing and sales teams that he implements. IN justt a few years, Mike has grown his portfolio to around $11M with only $400k of his cash into the portfolio. Mike is also the co-host of the Collecting Keys Podcast where he and his partner, Dan Austin, take an uncensored approach to breaking down strategies for investing in real estate, flipping houses, wholesaling properties, and turning the junkiest of homes into beautiful Airbnb rentals.. Mike DeHaan is a real estate investor who has a great story to share and words of wisdom to impart for both beginning and veteran investors alike, so grab your pen and paper, buckle up and enjoy the ride. Want to get in contact with Mike DeHaan? Reach out at https://collectingkeyspodcast.com/.Want to become financially free through commercial real estate? Check out our eBook to learn how to jump start a cash flowing real estate portfolio here https://www.therealestateinvestingclub.com/real-estate-wealth-book  Enjoy the show? Subscribe to the channel for all our upcoming real estate investor interviews and episodes.  ************************************************************************  GET INVOLVED, CONNECTED & GROW YOUR REAL ESTATE BUSINESS  LEARN -- Want to learn the ins and outs of real estate investing? Check out our book at https://www.therealestateinvestingclub.com/real-estate-wealth-book  PARTNER -- Want to partner on a deal or connect in person? Email the host Gabe Petersen at gabe@therealestateinvestingclub.com or reach out on LinkedIn at https://www.linkedin.com/in/gabe-petersen/  WATCH -- Want to watch our YouTube channel? Click here: https://bit.ly/theREIshow  ************************************************************************   ABOUT THE REAL ESTATE INVESTING CLUB SHOW   Hear from successful real estate investors across every asset class on how they got started investing in real estate and then grew from their first deal to a portfolio of cash-flowing properties. We interview real estate pros from every asset class and learn what strategies they used to create generational wealth for themselves and their families. The REI Club is an interview-based real estate show that will teach you the fastest ways to start and grow your real estate investing career in today's market - from multifamily, to self-storage, to mobile home parks, to mix-use industrial, you'll hear it all! Join us as we delve into our guests career peaks and valleys and the best advice, greatest stories, and favorite tips they learned along the way. Want to create wealth for yourself using the vehicle of real estate? Getting mentorship is the fastest way to success. Get an REI mentor and check out our REI course at https://www.therealestateinvestingclub.com.  #realestateinvesting #passiveincome #realestate  Interested in becoming a passive investor in one of our projects? Kaizen Properties, is looking for passive investors for our upcoming deals. We invest in what are known as “recession resistant assets”: self storage, MH & RV parks, and industrial properties. If you are interested, go to the website and click on the “Invest with Us” button at the bottom of the page.Support the show

Scaling a business is a critical phase that demands meticulous planning and flawless execution. So in this episode, we invited Mike DeHaan to share valuable strategies and insights aimed at helping entrepreneurs navigate the challenges and seize growth opportunities when scaling their businesses. Don't miss out on this insightful discussion to propel your business forward.     Key takeaways to listen for Effective approaches for running a successful virtual wholesaling business  Strategic marketing and lead generation for real estate investors Top tips for scaling your RE business from a local to national level Challenges in scaling a business, managing a large team, and ways to solve them Mike's unbelievable story of closing a complex real estate deal Expert advice every entrepreneur should know to successfully grow a business     Resources Instagram The 4-Hour Workweek by Timothy Ferriss | Kindle, Hardcover, and Paperback     About Mike DeHaan Mike is a real estate investor based in Spokane, Washington. Before starting his full-time real estate business in 2018, Mike worked as an engineer at Boeing for 5 years. Since then, he has acquired over 200 residential and commercial properties. He is actively involved in various investment communities nationwide and is best known for his Collecting Keys Podcast podcast.     Connect with Mike Website: Backyard Home Buyers  Podcast: Collecting Keys - Real Estate Investing Podcast Instagram: @mike_invests     Connect with Us Ready to level up your real estate game? Take action now to access exclusive resources, live events, and valuable insights from our experts:   1. BOOK A CALL: Visit our website at www.sendmoreoffers.com to book a call today. Our team of real estate professionals is ready to provide personalized guidance and help you achieve your investment goals.   2. JOIN OUR FREE FACEBOOK GROUP: Don't miss out on exclusive live events, networking opportunities, and valuable discussions. Simply search for "Send More Offers" on Facebook and hit the "Join" button. www.facebook.com/groups/sendmoreoffers   3. SUBSCRIBE TO OUR YOUTUBE CHANNEL: Gain access to full video interviews, expert tips, and in-depth analyses by subscribing to our dynamic YouTube channel. Stay up to date with the latest trends and strategies in real estate investing. Subscribe now at https://www.youtube.com/@sendmoreoffers   4. FOLLOW US ON INSTAGRAM & TIKTOK: Stay connected and motivated by following us Socially! Get daily doses of inspiration, success stories, and valuable insights by following @sendmoreoffers. Join our community and be part of the conversation!   Remember, success in real estate investing starts with taking action. Visit our website, join our Facebook group, subscribe to our YouTube channel, and follow us on Instagram today. Let's achieve your real estate goals together!

Who's on Threads, Realistic Marketing and Sales Expectations, A Flip Gone Majorly WrongEpisode 126Meta's Threads app has been out for over a week now, and that's long enough for Mike and Dan to form an opinion. For instance, is it actually better than Twitter? What sets it apart from other social media apps? Does its high user growth mean anything?On the real estate front, Mike and Dan have new updates to share, including the latest results of their marketing channels and why they're still obsessed with direct mail. If you've listened to the Collecting Keys Podcast before and still aren't convinced of the merits of direct mail marketing, you'll be swayed by this episode.They also talk about the weird things you run into as a real estate investor, and why it makes it hard to grow your business and train a sales team. Plus, hear a story from the Instant Investor Program that highlights the true risk of real estate investing.Tune in to find out what marketing channels are best for scalability, how to prioritize deal flow over lead flow, and MORE!Topics discussed in this episode:Our experience with ThreadsResults with direct mail vs. SMS marketingWhat to consider when building a marketing processThe challenges of training a sales teamWhy our multi-unit sale was delayedOne of the worst flipping disasters everWhat you can expect on the next Friday Focus episodeFind the photos and videos discussed in the episode here: https://photos.app.goo.gl/vixnqYphDo5Pp4uS6If you're an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/storeCheck out the NEW Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeyspodcast.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:https://www.collectingkeyspodcast.comhttps://www.instagram.com/collectingkeyspodcast/https://www.instantinvestorprogram.com/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/This episode was produced by Podcast Boutique https://www.podcastboutique.com

FF 51 - Getting Creative with Creative FinanceIf you've listened to more than a few episodes of Collecting Keys Podcast, then you've heard a thing or two about creative financing.In this episode, Dan dives deeper into the subject by detailing one of their most recent seller finance deals. He goes over how to recognize the opportunity for one of these deals, how to best negotiate with a seller so that, even with trade offs made, you still come out on top.When pitching potential terms of a seller finance deal, it's key to listen to the seller and look at all the possible options in front of you. That's why Dan also shares the three inputs they negotiate in a deal, as well as the best exit strategies.To learn how to lock in your own seller finance deal, tune in now and share this episode with other real estate investors!Topics discussed in this episode:How to spot a possible seller finance dealThe 3 terms you should negotiateWhat we pitched in our seller finance dealAnalyzing tradeoffs and how to negotiateThe best exit strategiesIf you're an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/storeDownload the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:http://www.collectingkeyspodcast.comhttps://www.instagram.com/collectingkeyspodcasthttp://www.instantinvestorprogram.comhttps://www.instagram.com/mike_investshttps://www.instagram.com/investormandanThis episode was produced by Podcast Boutique https://www.podcastboutique.com

Join Mike Cavaggioni with Mike DeHaan on the 176th episode of the Average Joe Finances Podcast. Mike shares how he was able to quit his day job and bootstrap an REI business with the help of Virtual Assistants.In this episode, you'll learn:How to get started in Real Estate with no experienceRunning a virtual business and utilizing VAsDoing Value Add on residential property to get the most cash out on a refinanceWhat a successful partnership looks likeAnd so much more!About Mike DeHaan:Mike was an engineer for 5 years and quit his career somewhat recklessly in 2018 with no backup plan. He spent his time working in a gym and driving for Uber while he learned about entrepreneurship before he started flipping houses in late 2018.Fast forward to now, Mike is now doing full-time off-market wholesaling/flipping/rental business that has done 150 transactions in the last 2 years, own $10m in real estate across 48 units (Im a 100% or 50% owner in all of these), and have a virtual business that has allowed him to live a flexible lifestyle including traveling internationally or 12 weeks in 2022.Find Mike on:Website: https://www.collectingkeyspodcast.com/Instagram:  https://www.instagram.com/mike_invests/Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://themikecav.comREWBCON: Join me at the Real Estate Wealth Builders Conference. Use promo code “Mike” to save 10% on tickets. https://averagejoefinances.com/rewbconImportant Tools and Resources that I UseFinancial Resources: www.averagejoefinances.com/resourcesCRM Tool: www.averagejoefinances.com/crmPay Off Your Mortgage in 5-7 Years:www.theshredmethod.com/averagejoefinanceshttps://bit.ly/replaceyourmortgageFind a REALTOR® in any state: www.averagejoefinances.com/realtorMake Real Estate Investing Easier with DealMachine:www.averagejoefinances.com/dealmachinePodcast Hosting: www.averagejoefinances.com/buzzsproutPodcast Editing Services: www.editpods.com*DISCLAIMER* www.averagejoefinances.com/disclaimerSee our full episode transcripts here: www.averagejoefinancespod.com/episodesSupport the show

Why You Don't Need More Leads, Analyzing the 4% Rule, When It's Better To Pay TaxesEpisode 94So, you want to build wealth? In this episode of Collecting Keys Podcast, learn why real estate is the best wealth generation tool and how to invest in the current market.Hosts Mike and Dan also talk about inflation, nurturing your lead gen system, how a long-term mindset will help you in real estate, and taking advantage of the growing off market. In fact, business is so good that opportunities are flowing in for members of the Instant Investor Partnership Program.Plus, is the 4% rule an outdated retirement principle? What's a good rate for a rental property in the current market? Why aren't your leads yielding deals?Listen in to hear the answers and more in this segment of the Mike and Dan show!Topics discussed in this episode:Clarifying our views on the 4% ruleWhy real estate is the best investmentCurrent state of off market real estateBuilding systems and scaling businessWhy you don't need more leadsCreating an effective sales processIf you're an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/storeDownload the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:http://www.collectingkeyspodcast.comhttp://www.instagram.com/collectingkeyspodcasthttp://www.instantinvestorprogram.comhttp://www.instagram.com/mike_investshttp://www.instagram.com/investormandanThis episode was produced by Podcast Boutique http://www.podcastboutique.com

On this Friday Focus Mike is sharing a recent interview he did on the Real Estate Maximalist Podcast_____________________________________________________________________________________________In today's episode of Real Estate Maximalist, Alan Corey sits down with Mike Dehaan, real estate investor and host of the Collecting Keys podcast. Mike has an amazing story showing exactly what determination and refusing to give up looks like. After he left his corporate engineering 9-5 without a backup plan, he learned all he could about real estate, however nothing prepared him for the lessons he was about to learn after purchasing his first few properties.After trial and error, Mike has seamlessly created a business plan that has allowed him to build a real estate portfolio of 55 properties. His rental properties have surpassed his previous engineering income and has found financial independence. Are you looking to take control over your life and finances? This episode is going to teach you that with some hard work and refusal to give up, you can do it too. Thank you Mike for joining Alan today!Follow Mike on IG: Mike_invests  Check out the Collecting Keys Podcast: https://www.collectingkeyspodcast.com/Follow Alan on Social Media: @RealEstateMaxi Work with Alan: realestatemaxi.com Resources discussed today: Prop Stream

So many people enter real estate with dreams of making money fast, but the reality is much different. It's possible to find a deal that results in a big pay day, but it requires consistency and a lot of hard work. Alan Corey is joining Mike and Dan on the Collecting Keys Podcast to discuss the realities of real estate, and share how he went from aspiring comic to real estate investor. With 22 years experience investing in multiple types of assets, he's been in the game longer than anyone we know. After listening to this episode, you'll know how to invest with reduced risk and snag million dollar deals. Alan also explains why you should take a mutual fund approach and NOT be a cash buyer.  For more insights from Alan, tune in and learn from his “path to riches” story! Topics discussed in this episode:        •    Making $1 million with house hacking and patience     •    Building his 350-door portfolio     •    Financing deals with private money     •    Alan's House FIRE method     •    Why real estate is the best way to gain financial freedom     •    Alan's new real estate business ventures     •    The hard work that real estate requires     •    Selling properties to celebrities     •    Alan's tips for real estate investors Connect with Alan Corey on Twitter: @RealEstateMaxi Sign up for the House Money Newsletter here: realestatemaxi.com/newsletter Listen to the latest episode of Stacking Deeds stackingdeeds.net Connect with Mike and Dan!  http://www.collectingkeyspodcast.com http://www.instagram.com/collectingkeyspodcast

You have a job and are earning, but are you living the lifestyle you want? Do you have the freedom to do what you want? In this episode, Lauren Wells welcomes Mike Dehaan, the host of the Collecting Keys Podcast, to share his journey in leaving his W2 without a plan to chase passive income to have the freedom to live the way he wants. After quitting his job, he was not breaking cash immediately, but Mike and his partner went all in. Mike's eyes are on the hot market and go to the tertiary market because there are tons of tertiary markets compared to key markets. His approach with distressed sellers made a shift around what he does. Learn from Mike Dehaan, who owns 50 rental units and has $10M in real estate.Love the show? Subscribe, rate, review, and share! https://7einvestments.com/podcast/

In today's episode of Real Estate Maximalist, Alan Corey sits down with Mike Dehaan, real estate investor and host of the Collecting Keys podcast. Mike has an amazing story showing exactly what determination and refusing to give up looks like. After he left his corporate engineering 9-5 without a backup plan, he learned all he could about real estate, however nothing prepared him for the lessons he was about to learn after purchasing his first few properties. After trial and error, Mike has seamlessly created a business plan that has allowed him to build a real estate portfolio of 55 properties. His rental properties have surpassed his previous engineering income and has found financial independence. Are you looking to take control over your life and finances? This episode is going to teach you that with some hard work and refusal to give up, you can do it too. Thank you Mike for joining Alan today! Follow Mike on IG: Mike_invests  Check out the Collecting Keys Podcast: https://www.collectingkeyspodcast.com/ Follow Alan on Social Media: @RealEstateMaxi Work with Alan: realestatemaxi.com Resources discussed today: Prop Stream

In this episode of the Millionaire Mindcast, we have a stellar guest, Mike Dehaan who imparts a ton of valuable insights around real estate wholesaling, the effective wholesaling sales and marketing process, the mindset around building a successful Virtual Assistant Team, and building a successful real estate business that making millions while getting more freedom in life! Mike Dehaan is an entrepreneur, a real estate investor, lead generation master, systems specialist, host of the Collecting Keys Podcast, and the owner of Collecting Keys LLC, Backyard Home Buyers, and INW Properties, a real estate service company based out of Spokane, WA that specialize in buying properties for cash throughout the Inland Northwest. The properties they purchase are primarily restored with lasting quality and made available for lease. Real estate stuff is never on Mike's radar. After spending 5 years as a corporate engineer, he quit his engineering career in 2018. He spent the following 2 years studying real estate investing and business to start an investing venture. At that time, he found a major skill set and passion in building scalable repeatable systems that creates disruption in the real estate wholesaling space. Since 2020, Mike has made from 0 to 200 real estate deals in 3 years. Currently, he is working to productize the wholesale business system and process that anyone can benefit from.   Some Questions I Ask: Where did these real estate, investing, entrepreneurship, and/or professional careers start for you? What do you think the problems are of wholesaling in the industry as a whole? By partnering with the right people, how can you guys allow them to accelerate getting to a place of profitability and the benefits of having a really strong sales and marketing process? How have you approached building such a successful Virtual Assistant Team? What do you think some of the people that have failed with Virtual Assistant Teams are overlooking and might need to revisit? Who is the ideal partner for your company? How do you go about identifying who the right person is and what the right market looks like? What does the startup investment look like for this wholesaling system? What is your vision as you see your company taking off? Is this something that only applies to single-family or is there a commercial aspect and approach that you guys have been exploring and providing as well?   In This Episode, You Will Learn: The effective step-by-step sales and marketing process.   Connect with Mike Dehaan on:  Collecting Keys Podcast https://www.collectingkeyspodcast.com/partner Instagram LinkedIn   Sponsor Links: GoBundance  - Text: "MILLIONAIRE" to 844.447.1555 Indochino: Get 10% off of any purchase on $399 or more with the promo code: MINDCAST BackBlaze: Click the link to start your fully featured 15-day free trial or use the promo code: MINDCAST    Accredited Investor List - Text "DEALS" to 844.447.1555 Free Financial Audit: Text "XRAY" to 844.447.1555 Upcoming Events: Text "Events" to 844.447.1555 Millionaire Notes: Text "Notes" to 844.447.1555 Connect with Matty A. and Text me to 844.447.1555    Show Brought To You By: www.MillionaireMindcast.com Questions? Comments? Do you have a success story you would like to share on the show?  Send us an email to: Questions@MillionaireMindcast.com  

Collecting Keys Podcast is always pushing our listeners to create business processes and systems because they're crucial for efficient lead generation. Without tested processes and systems, you'll waste time and resources on unmotivated leads that stall your growth.Joining us to discuss his business method and the processes that have helped scale his business is Pete Reese. His land flipping business reflects the success we've had with direct mail marketing, building a team, and most importantly, staying consistent.Pete is so generous with his knowledge that, on his website, he shares his monthly income report that includes the exact revenue, what properties were bought and sold, how much was made on each one, and MORE. He and his wife/business partner have also started a podcast, called Turning Profit.This can't-miss episode with Mike's favorite guest is for anyone who's interested in real estate!Topics discussed in this episode:Starting his real estate journey with house flippingFinding a passion for land investingHow Pete assesses the value of propertiesPete's direct mail marketing processWhy data cleanup is importantPete's virtual team and their rolesFinancing land dealsA couple of Pete's real estate storiesAdvice to new investorsCheck out Pete Reese's podcast, Turning Profit, to hear more about his business and lessons learned in real estate! https://turningprofit.com/all-episodes/Get more information on land flipping on Pete's website: https://turningprofit.com/If you're an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/storeDownload the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:http://www.collectingkeyspodcast.comhttp://www.instagram.com/collectingkeyspodcasthttp://www.instantinvestorprogram.comhttp://www.instagram.com/mike_investshttp://www.instagram.com/investormandanThis episode was produced by Podcast Boutique http://www.podcastboutique.com

Episode 81“If you have a sales team or you wanna build a sales team, Noah just literally gave you the perfect outline on how to build an acquisitions team for an off market real estate investing company.”Noah Gilliom and his partner, Ryan Dossey, have made a name for themselves in the off-market real estate arena. Noah started off making 2K a month in wholesaling, before scaling their business in 2017 and collecting an impressive 87 keys by 2019. He's on the show today to share how they achieved this success, and now have bigger opportunities in real estate.Collecting Keys Podcast hosts Mike and Dan constantly stress the importance of following up on leads, and during this interview, you'll get an in-depth look into Noah's follow-up process. He also breaks down four main motivators that appeal to sellers, how he leads his team, and what gives them a competitive edge.Tune in for a simple blueprint on how to build an acquisitions team, market and follow up with leads, and close deals!Topics discussed in this episode:Noah's start and rise in real estateThe pros and cons of self-managementHow Noah built and manages his acquisitions teamLanding direct-to-seller dealsMarketing and follow-up processesTips for talking to sellersNoah's craziest real estate storiesAdvice to new real estate investorsBook a call with Noah here: https://calendly.com/nigilliomCheck out what tools he uses here: https://linktr.ee/noahgilliomConnect with Noah on: Instagram https://www.instagram.com/nigilliom/Facebook https://www.facebook.com/noah.gilliomIf you're an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! www.collectingkeyspodcast.com/storeDownload the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandanThis episode was produced by Podcast Boutique http://podcastboutique.com

Mike Dehaan left his 6 figure job at Boeing to build a  wholesaling operation. He now has a team, system, and process built up that allows him a life of freedom and flexibility!Mike (In his words):I am a real estate investor and host of the Collecting Keys Podcast. Since 2020 my real estate investment company has scaled to 9 markets buying off market real estate and completed over 130 transactions and built a portfolio of over 50 units in which I am a majority owner.As the host of the Collecting Keys Podcast we dive deep into running a true real estate investing business as well as coach and educate other investors how to do the same through our Instant Investor Program.IG @brianluebben / @mike_investshttps://www.collectingkeyspodcast.com/Listening To A Podcast Won't Help You Hit "Financial Freedom".If you want the community, support, accountability, mentorship, and step by step playbook for your freedom in 12 months or less, apply below!Join Us: Apply For The Action Academy CommunityFor Frameworks, Freedom Tips, and Millionaire Financial Breakdowns:Join Our Weekly NewsletterTo Watch These Interviews In Video Format:Subscribe To Our Youtube Channel Twitter @theactionpodIG @brianluebbenTiktok @brianluebben

EP 78 - National Rent Control, Opinions on Higher Education, and how Entrepreneurs will Resist this RecessionEpisode 78We've shared what's helped us scale our real estate investing business on Collecting Keys Podcast before, and today you'll hear more advice on taking your own to the next level.This episode offers a little bit of everything: business updates and current events. From expanding business, trusting virtual assistants with specialized work, and entrepreneurs surviving in a possible recession, there's key lessons for everyone.We also discuss American politics, who's really in charge of the media, higher education, and the Doomsday Clock.Plus, find out what new state we're investing in and how our work with a business coach is going. Tune in for all this and more!Topics discussed in this episode:White House Blueprint for a Renters Bill of RightsUpcoming closings and business updatesProgress of the new Partnership Instant Investor ProgramAre coaches worth the cost?The problem with higher educationGetting a mentor without spending moneyHow entrepreneurs thrive in a recessionIf you're an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! www.collectingkeyspodcast.com/storeDownload the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandanThis episode was produced by Podcast Boutique http://podcastboutique.com

EP 77 - Buying Hotel's and Playing in Missle Silo's with Military to Millionaire, David PereEpisode 77Do you remember when Mike and Dan shared their excitement for upcoming interviews in episode 68 of Collecting Keys Podcast? Today, you'll hear one of those interviews, this time with the most high-profile guest to date, David Pere.David's passion is helping veterans build wealth through real estate with his group, From Military to Millionaire, but he has journeyed on many real estate paths. He owns several properties, including a hotel RV park, and… a missile silo?With an origin story consisting of high leverage and creative financing, David has proven himself to be a visionary. He's currently living the dream that many real estate investors strive for — having the ability to live off passive income. David still works hard, and you'll hear all about how he balances his business goals by learning to delegate.Tune in to hear David's advice and insightful tips to level up your real estate investing!Topics discussed in this episode:David's military background and starting a real estate careerDoes David own a missile silo?David's role in facilitating dealsFiguring out what's next in his careerTips for encouraging creativity through delegationDavid's military real estate investing communityHis craziest real estate storiesAdvice to aspiring or new investorsConnect with David and From Military to Millionaire:https://www.instagram.com/frommilitarytomillionaire/https://www.frommilitarytomillionaire.com/https://www.facebook.com/groups/1735593999901619/If you're an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! www.collectingkeyspodcast.com/storeDownload the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandanThis episode was produced by Podcast Boutique http://podcastboutique.com

Begin listening to this episode of Collecting Keys Podcast and you'll immediately feel the genius of today's guest, Chris Prefontaine. As a master of creative seller financing and Smart Real Estate Coach at his company, Wicked Smart, he has a lot of knowledge to share.Chris has over 30 years experience in real estate, and his perseverance in the 2008 recession is just one example of how he tackles real estate issues creatively, no matter what the state of the market. Unlike other professionals, he uses his expertise to help buyers and protect sellers, especially during the current affordability crisis.Expect to learn some of the technicalities of seller financing, including the difference between sub 2 and seller wrap deals. Plus, find out how the right lawyer and CPA can support your financial goals. If this is already sounding a little complicated to you, don't worry because Chris does a fantastic job making these concepts easier to understand.After almost 100 episodes, Chris is the first guest to make Mike and Dan forget about their interview to just soak up his wealth of knowledge. Tune in to take notes on his insights, too!Topics discussed in this episode:Chris's background and real estate career journeyDifferences between the 2008 and today's real estate marketHow creative financing can help current affordability issuesExit strategies that works for Chris and buyersLegalities of title transfers and bypassing due on saleSub 2 vs. seller wrap dealsChris advises Dan and Mike on a pending dealSpeaking to sellers that have minimal real estate knowledgeWhat you can learn from Chris's books and coaching programChris's craziest real estate story and professional adviceGet a FREE set of Chris Prefontaine's best-selling books and a ticket to an upcoming Wicked Smart Event:  https://wickedsmartbooks.com/collectingkeysSign up for the Smart Real Estate Master's Class: www.smartrealestatecoach.com/mastersclassSchedule your FREE Strategy Call: www.smartrealestatecoach.com/action Connect with Chris online!Website: http://www.smartrealestatecoach.com/Podcast: https://www.smartrealestatecoach.com/podcastFacebook: https://www.facebook.com/smartrealestatecoachGoogle+: https://plus.google.com/+SmartrealestatecoachchannelYoutube: https://www.youtube.com/smartrealestatecoachInstagram: https://www.instagram.com/smartrealestatecoach/LinkedIn:  https://www.linkedin.com/in/chrisprefontaineTwitter: https://twitter.com/smartrecoachIf you're an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! www.collectingkeyspodcast.com/storeDownload the FREE 5-Step Guide To Generating O

Remember when hosts Mike and Dan said that December is slow in real estate, but things would pick up in the New Year? They predicted their future because after this last week, they have a total of 14 deals in escrow!During this episode of Collecting Keys Podcast, you'll hear about these deals, including one that was made possible by a simple follow-up call. Plus, have they finally sold that property that's been giving them trouble?Mike and Dan also discuss a tip straight from a member in their Instant Investor Program: When do you stop chasing ambition, and just be content? Hear a candid conversation on their personal ambitions and financial goals, and get advice on how to figure out your own.If your goal is to grow your real estate business in 2023, or just live a more balanced life, don't miss this installment of the Mike and Dan show!Topics discussed in this episode:A week's full of good businessPositive and negative experiences with appraisersThe balance between ambition and contentmentPerspectives on wealth and successHow do you maintain relationships while being ambitious?If you're an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! www.collectingkeyspodcast.com/storeDownload the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandanThis episode was produced by Podcast Boutique http://podcastboutique.com

“It's easy to be passionate about a business, and to really try to build something well, when you were starting it and building it to solve your own problem.”Collecting Keys Podcast host Mike says this in response to today's guest, CEO of Ballpoint Marketing and Call Porter, Justin Dossey. Both companies serve real estate investors, using direct mail and phone answering services to give them back time to focus on closing deals.Justin shares how Ballpoint Marketing and Call Porter have grown and streamlined their processes, plus new innovations on the horizon. You'll learn why it's worth paying extra for handwritten mail, the skills needed to work at Call Porter and deal with eccentric callers, and the importance of brand awareness.If you're struggling to manage all your tasks as a real estate investor, listen to this interview!Topics discussed in this episode:Justin's midwest childhood and working in call centersLead management and scaling a growing businessCall Porter's pricing and processesTraining employees and hiring overseasSkills needed to succeed in a call center/salesHow Ballpoint Marketing was bornThe benefits of handwritten mail marketingBrand awareness is key, even in real estateParaglidingTwo crazy real estate stories from JustinJustin's advice to new investors or business ownersBallpoint Marketing and Call Porter's new Lead Engine programLearn more about Ballpoint Marketing: https://www.ballpointmarketing.com/Learn more about Call Porter: https://www.callporter.com/Follow Justin Dossey on Instagram: https://www.instagram.com/justinmdossey/Schedule a call to learn more about Ballpoint Marketing's new Lead Engine program: https://www.ballpointmarketing.com/schedule/Interested in working with Justin? Use promo code KEYS to score 10% off on Ballpoint Marketing services and 5% at Call Porter!

On this episode of the Investor Financing Podcast, Beau interviews Dan Austin, Collecting Keys Podcast host, as they talked about wholesaling, utilizing direct mail, owning rental properties, the Washington market, and Abundance Mastermind –a real estate coaching program.

In true Mike and Dan fashion, this episode of Collecting Keys Podcast is a mashup of real estate analysis and opinion, plus witty commentary on current events. You'll hear everything from Twitter's headline of the week, to their New Year's resolutions.Mike and Dan may have some issues with their own properties, but there's a lot of exciting things happening soon. Today, learn how they're preparing for busy times during this period of reset, and what their personal and business goals are for 2023.They also discuss triple net leases, how successful you can truly be in the real estate market right now, and clients wins from their Instant Investor Program. Plus, find out how the gym has been a great place for business!Tune in for all this and MORE in another installment of the Mike and Dan show!Topics discussed in this episode:Your new gym membershipPop culture and AI's takeoverTriple net leases and Twitter's possible evictionCommercial and multifamily investmentsMike and Dan's newest real estate debaclesCurrent rates and real estate marketVirtual work and changes in the labor forceGoals for the new yearThe importance of networkingIf you're an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! www.collectingkeyspodcast.com/storeDownload the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandanThis episode was produced by Podcast Boutique http://podcastboutique.com

We've talked about wholesaling, flipping and short-term rentals. We've talked about multi-family and commercial properties. We've even talked to a real estate developer and virtual landlord. Today you'll hear something new on Collecting Keys Podcast, as we're joined by historic multi-use real estate investor Eric Rice.In contrast to the problems some people have with real estate investors, Eric and his partners at Rice Pegher Capital are working to keep the authentic charm and details that make historic properties so unique. He's outlining what it takes to be successful in the commercial and residential space, and how his team works together to grow their business.Eric is also a member of Mike and Dan's Instant Investor Pro Service Program, so you'll hear how he's benefited from their marketing and lead intake. In fact, he's about to close on his first deal!Tune in to learn how Eric found his niche, and get advice from someone with experience!Topics discussed in this episode:The type of properties Eric works onWhy Eric left his job as a real estate agentEric and his partner's first historic mixed-use dealRules and regulations of historic mixed-use propertiesAre these properties more expensive than the average?How Eric determines ROI and ROEEric outlines a new deal they're about to close onMaking creative deals in this new marketFuture goals for Rice Pegher CapitalRice Pegher Capital processes and employeesOne of Eric's crazy real estate storiesLearn more Rice Pegher Capital on their website, and follow them on Instagram! You can also directly email Eric here.If you're an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! www.collectingkeyspodcast.com/storeDownload the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandanThis episode was produced by Podcast Boutique http://podcastboutique.com

When you find something that interests you, sometimes it's best to jump in and get started. As Mike and Dan always warn against, “analysis paralysis” is dangerous because in the ever-changing world of real estate, there's no room for hesitation or self-doubt.Speaking with Collecting Keys Podcast hosts Mike and Dan today about his surprising real estate journey is Michael Wagman, a young 31-year-old with an already impressive portfolio. Michael started flipping houses and tried out a few other real estate paths before finding his home in multifamily properties.With $70 million portfolio of 500 units, Michael's perseverance is what truly made him successful. You'll learn about his failures and successes, including how he leveled up and found a network to build a team for his business.He's sharing his processes and offering advice to those new in the industry, so this episode shouldn't be missed!Topics discussed in this episode:Michael's career and starting in real estateEveryone's first flip/investmentHouse hacking and expanding his portfolioWhat Michael tried and didn't likeLearning about and closing on his first multifamily dealExplaining value add syndicationsThe deal that changed Michael's view on residential real estateBuilding confidence and finding dealsMichael's advice to newbies in real estateWhat's next for his company, Nimble Capital GroupA crazy real estate story from MichaelConnect with Michael Wagman:WebsiteInstagramLinkedInTikTokDownload the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandanThis episode was produced by Podcast Boutique http://podcastboutique.com

Winter is a quiet time for real estate, but it's been an eventful week for Collecting Keys Podcast hosts because Mike and Dan have been canceled. Well, their $100,000 line of credit has been canceled for another year, that is.In this episode, find out what happened and get an inventory of Mike and Dan's current projects. Since the market is slow, it's the perfect time for Mike and Dan to finalize a game plan for next year, including their investing strategies and standard operating procedures (SOPs).They also answer a few important questions: Do you need a framework and SOPs to start making real money? Can AI help the real estate industry? How do you avoid analysis paralysis? Who is the most successful athlete, Lionel Messi or Michael Jordan?Tune in for advice and updates from Mike and Dan, plus learn why Mike waived rent for his tenants!Topics discussed in this episode:Business updatesWhy have Mike and Dan been canceled?The risky business of leveragingSOPs and AIHow necessary are SOPs?Messi vs. JordanDownload the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandanThis episode was Post Produced by Podcast Boutique http://podcastboutique.com

One amazing deal can change the trajectory of your real estate investing, but so can smaller deals that add up to plenty of cash flow to grow your portfolio.Brad Dumas is a wealth manager and ex-Notre Dame football player, who accomplished this by starting his real estate journey with turning his primary residences into rentals. He's sharing his acquisition strategy, buying criteria, and how they've both changed over his few years in the business.Similar to Collecting Keys Podcast hosts, Brad has also had to learn the ups and downs of working with contractors, employees, and tenants. If you can relate, you'll want to hear his advice on finding people you can trust to do business with.To learn more about how Brad played the slow and steady game to succeed in real estate, tune in!Topics discussed in this episode:How Brad got into real estateBrad's buying criteria and why his underwriting is “lazy”Shifting to buying larger properties to rentHas the market changed the pace of real estate?Brad's 2022 portfolioBalancing real estate and investing in other assetsPlans for the futureTips on finding a good property manager and tenantsBrad's craziest real estate storyAdvice to anyone getting into the industryConnect with Brad Dumas on Instagram, or email him here!Download the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandanThis episode was Post Produced by Podcast Boutique http://podcastboutique.com

Another week, another update on Mike and Dan's projects! With an estimated half a million in capital tied up from just this year's dealings, business is reminiscent of the current real estate market: things could be better.On this episode, Mike and Dan make predictions for the market and give their opinion on the success of flipping houses during this time of instability. They discuss the significance of value in this market, and also give valuable advice to anyone who wants to start flipping.From a nostalgic look back to the early days of the show, to a conversation on the significance of finding motivation in a flow state, this episode has everything we love about Collecting Keys Podcast!After tuning in, don't forget to leave a five-star review of the show (you may even get a free t-shirt)! Tune in to learn how.Topics discussed in this episode:A look back at the beginning days of the show and real estate journeyThe importance of getting out of your element to stay motivatedMorning routines and trendy wellness routinesReal estate in the newsAn update on Mike and Dan's difficult flipIs it a good idea to flip houses in this market?Plans for the futureAdvice to those who want to flip housesDownload the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandan

Real estate moves slower during the holiday season, but there's still work you can do that will pay off in the new year!In today's episode of Collecting Keys Podcast, you'll learn how you can nurture leads during a time of year when everyone else is taking time off. Mike and Dan also share the marketing copy they've had success with, as well as the minor details that make a big difference on marketing calls.By treating these calls as a simple check-in and not a sales call, you can build rapport and comfortability with potential clients. Most will not want to sell at that moment, but once they're ready in a few months, you will be one of the first people they call if you make a good impression.Whether it be owner-occupancy or landlord properties, smart marketing during the holidays can help you snag real estate deals! Tune in to learn more.Topics discussed in this episode:The problems that come with Airbnb hostingBuilding connections with potential clientsUsing the holidays to your marketing advantageHow taxes can affect the seller timelinesWhy Mike and Dan love direct mailDownload the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandan

It's bulking season for Mike, and buying season for mega corporations like JP Morgan Chase!Join Mike and Dan on this episode of Collecting Keys Podcast to hear updates on the real estate market, including predictions on inflation and the possibility of changing interest rates. They also talk about the shift from fixer uppers to new builds, and the announcement of JP Morgan Chase to purchase $1 billion worth of turnkey property rentals in the Atlanta area.There's a lot of potential in the residential real estate market, and you'll hear how you can take advantage! Mike also shares the start of his career in real estate investing, going from a stable W-2 job to spending all his capital on two properties and eventually earning mailbox money.Tune in to learn about the new Instant Investor Jumpstart Program, changes coming to the podcast, and how you can get FREE resources!Topics discussed in this episode:Market changes on the horizonCurrent rates of inflation and interestA setback at one of Dan and Mike's propertiesThe shift to turnkey homes from fixer uppersMike's start in real estate investingUpdates on the podcast and new websiteIntroducing the new Instant Investor Jumpstart ProgramIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandan

Early retirement is a dream for all of us, but can you imagine being in the secure financial place necessary to actually do it? Today's guest is Kurt Burchert, who started investing in real estate about 10 years before retiring at the young age of 35.On this episode of Collecting Keys Podcast, you'll hear how Kurt leveraged his success in business to get started in the world of real estate. He's still building his real estate portfolio with long-term and short-term rentals, but also enjoying the freedom of managing his properties on his own time.You'll hear how he's achieving his goal of never having an employee again, and the struggle hosts Dan and Mike relate to all too well: how hard it is to find subcontractors that are reliable, do good work, and don't overcharge.If Kurt's story is something you aspire to, you'll want to give this episode a listen!Topics discussed in this episode:Kurt's background and career successesRetiring and focusing on real estate investmentGetting into the spray foam business and why he grew tired of itThe lucrative possibilities of blue collar businessesAll the real estate investment ventures Kurt has triedHow he operates his business virtuallyGrowing his portfolio with long and short-term rentals in FloridaThe struggle of finding good contractorsKurt shares his current portfolioMore crazy real estate stories!Advice to those interested in getting into real estateStay connected with Kurt Burchert on Instagram!If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandan

 EP 58 - What Are Your Options When A Flip Doesn't Sell?Episode 58It's been a tough week for business for Collecting Keys Podcast hosts, Dan and Mike. Usually, they're asking guests to share crazy real estate stories, but today you'll hear a couple of their own!From unexpected costs on rental properties, such as maintenance issues and falling trees, to the effects of an insecure state of the real estate market, there are plenty of hardships going on in Dan and Mike's world. They're also experiencing a roadblock in the way of selling one of their properties, which is why they're analyzing the options you have when a property isn't selling.Dan and Mike are sharing their own defensive strategy, but each person's situation is different and needs to be treated individually. Educating yourself on all of these options and paying attention to the market is key to staying afloat in real estate. Listening to this podcast or joining the Instant Investor Program is a great way to set yourself up for success!Tune in for a glimpse into the ups and downs of being a real estate investor.Topics discussed in this episode:A few unfortunate business updatesHow the state of the market is affecting businessStaying on top of the market and making smart decisionsWhat to do when a property isn't sellingChoosing the best strategy for youDan and Mike's strategy and why it works for themIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandan 

Rob Rowsell lived in a state of addiction and homelessness for 10 years, using meth and crack cocaine, and committing his fair share of crimes. Fast forward a few years where he had completed rehab, achieved sobriety, bought a business, and entered the real estate market.Rob, with his wife and partner, ventured into and succeeded in the tough world of real estate during years of great recession, also earning multiple awards for their accomplishments. On today's episode of Collecting Keys Podcast, Rob is sharing his story of personal and professional growth.By reading Retire Young Retire Rich by Robert Kiyosaki and taking courses by Carleton H. Sheets, Rob invested in his future to learn about wholesale business, probate, how to flip houses, and lots more. He was able to channel the go-getter, can't-stop attitude of his addiction into his real estate career, proving that anyone can do the same.Listen in for an incredible tale that's not the regular rags to riches story you're used to hearing!Topics discussed in this episode:Rob's early life, drug use, and addictionThoughts on struggles of the homeless communityThe turning point in Rob's life and getting soberHis first job after rehab and owning his first businessLearning the real estate industry and expanding his businessWorking as a team with his wife in business and lifeRob's current real estate projects and plans going forwardWhat is Rob's craziest real estate story?Learn more about Rob Rowsell on his website here, and read his book, Addicted to Life! How I Went from Homeless to Extraordinary Success and Happiness in a Short Period of Time.If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandan

KPIs, or key performance indicators, are the report card for your business, but what “subjects” are the most important? On this episode of Collecting Keys Podcast, hosts Dan and Mike are also sharing the three main KPIs they track for their marketing and wholesale business, and how they use this data to make marketing decisions.Dan and Mike may have been ghosted by their scheduled guest, but they're still bringing the heat with another helpful episode for real estate investors! You'll learn how to calculate your cost per lead, find out what leads are converting into real deals, and why this data is invaluable for driving your marketing goals.They also give an update on their business, such as newly leased properties and tenant stories, and discuss their struggle with property managers.Remember that no one cares about the success of your business more than you do, so don't miss this episode!Topics discussed in this episode:Commentary (or complaints) on property managersBusiness updates from Mike and DanDeal scenarios to get the highest ROIThe most important KPIs for your businessWhat is “total return on marketing,” and how to track it?Using your data to forecast leads and plan marketingTracking different groups of peopleFollowing up on leadsIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandan

Can you believe it's been a full year of the Collecting Keys Podcast?! Dan and Mike have come a long way since that not-so-great first episode (if you haven't already, they suggest you NOT go listen to it). Now, they're over 50 episodes in and their businesses are thriving.This casual episode includes Dan and Mike reflecting on their progress in podcasting, and giving updates on their wholesale business and Instant Investor Program. You'll hear how they've helped clients close a few sweet deals, as well as the status of their own deals.Since we're already a few weeks into the fall season, Dan and Mike also talk about winterizing your properties, so you can avoid costly repairs from water damage and more. And, they share stories of indifferent tenants and how they learned to navigate the real estate market on the job.Tune in to hear their insights from renting out multiple properties, mistakes they've made and what they've learned along the way!Topics discussed in this episode:Dan and Mike reflect on their first year of the Collecting Keys PodcastWhy shouldn't take a break marketing during the “slow months” of the stock marketUpdates on businessRehab or tear down when seller financing?Helping their investor program clients collaborate on dealsPreparing rental properties for winterExperiences the guys have had with water damageHead here for a possible freebie from Dan!If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandan

One of the most valuable traits anyone looking to get into the real estate investment game can have is an internal drive. Someone who won't be deterred by problems, especially those unforeseen circumstances that test you in new ways never before experienced, has the potential to collect many keys.Two people who possess this internal drive, having started from the bottom to work their way up to financial independence, are Cory and Ryan of The Weekly Juice podcast. They're on this episode of Collecting Keys Podcast to discuss their wealth building journey with Dan and Mike.Similar to our hosts, Cory and Ryan started as friends before adding another aspect to their relationship: a business partnership. They share how they split up tasks for their many businesses together, including their real estate portfolio, podcast, and e-commerce through Amazon and YouTube.Any entrepreneurs can also find helpful advice in this episode,such as why it's important to hire the right accountant (or CPA), working with virtual employees, and building revenue.Tune in for a fun episode about friendship and creating a successful business partnership!Topics discussed in this episode:Cory and Ryan introduce themselves and their businessesEveryone talks about their journey to successBenefits of having a partnershipWays to find partnershipsHow Cory and Ryan structure their business partnershipsRyan gives advice of saving for taxesContent creation and social media algorithmsThe two kinds of entrepreneursWhy freelancers should invest in a specialized CPADan shares his real estate professional tax storyWhat Dan uses to track hours and mileageMike and Dan's virtual employeesCory and Ryan's latest BRRRRbnb projectLending and short term rentalsMaster leasingWhat is Cory and Ryan's competitive advantage?The concept of taming your inner gremlinCrazy real estate storiesTenant red flagsThe Weekly Juice podcastResources mentioned in this episode:RentRedi SoftwareAsana PlatformMileIQ AppIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandan

In this episode we share a recent interview Mike did on the Tribe of Millionaires podcast which gives a great insight onto his background as well as some lessons that can be learned form his experiences as he was bootstrapping his investing career.Notes from the Tribe of Millionaires Episode:What's the worst thing that can happen in real estate? Probably, it's having to spend money or losing money at some point. But if you're willing to stay for the long term, things will be fine. If you want to succeed in real estate, then it's all about the mindset.In today's conversation, Mike DeHaan, real estate investor host of the Collecting Keys Podcast, talks about his journey from leaving his engineering career to jumping into real estate head-first. He initially didn't have everything figured out, but he followed what felt right and partnered with the right guy. The initial goal was 50 properties in 10 years, and they're now on their 100th transaction in just 2.5 years!Here are some power takeaways from today's conversation:[01:34] Mike's beginnings and getting a job at Boeing[03:48] Getting into a spiral state of depression[05:14] The decision to leave his job and make the jump[09:46] Having an entrepreneurial mindset[12:24] His introduction to real estate investing[15:55] The worst thing that can happen in real estate[18:00] The value of networking[20:05] Exceeding the goal of buying 50 properties in 10 years[23:12] How their business partnership is structured[24:32] Focusing on data over marketing when looking for deals[28:17] More about the Collecting Keys PodcastNotable quotes from the Episode:“The residential real estate world is relatively forgiving unless you are just completely negligent on something, or you made a really bad decision. You're not going to lose everything. You might lose some money on a deal, you might lose some equity. But if you're able to hold it for the long term, you'll be fine. So what's the worst that could really happen?”“Our initial goal was to buy 50 properties in 10 years… about two and a half years now, we have 10 employees and are about to do our 100th transaction.”"Most people, when they start marketing for deals, they focus on the marketing. And really – what it comes down to is the data and the follow-up process.”"Because you're dealing with situations, it's a people business. It's no longer a real estate business. You're dealing with situations that you never thought you would have to deal with."Connecting with the GuestInstant Investor ProgramPodcast: https://podcasts.apple.com/us/podcast/collecting-keys-real-estate-investing-podcast/id1590409613Instagram: https://www.instagram.com/mike_investsLinkedIn: https://www.linkedin.com/in/michael-dehaan-20a27b63/

What's the worst thing that can happen in real estate? Probably, it's having to spend money or losing money at some point. But if you're willing to stay for the long term, things will be fine. If you want to succeed in real estate, then it's all about the mindset. In today's conversation, Mike DeHaan, real estate investor host of the Collecting Keys Podcast, talks about his journey from leaving his engineering career to jumping into real estate head-first. He initially didn't have everything figured out, but he followed what felt right and partnered with the right guy. The initial goal was 50 properties in 10 years, and they're now on their 100th transaction in just 2.5 years! Here are some power takeaways from today's conversation: [01:34] Mike's beginnings and getting a job at Boeing [03:48] Getting into a spiral state of depression [05:14] The decision to leave his job and make the jump [09:46] Having an entrepreneurial mindset [12:24] His introduction to real estate investing [15:55] The worst thing that can happen in real estate [18:00] The value of networking [20:05] Exceeding the goal of buying 50 properties in 10 years [23:12] How their business partnership is structured [24:32] Focusing on data over marketing when looking for deals [28:17] More about the Collecting Keys Podcast Notable quotes from the Episode: “The residential real estate world is relatively forgiving unless you are just completely negligent on something, or you made a really bad decision. You're not going to lose everything. You might lose some money on a deal, you might lose some equity. But if you're able to hold it for the long term, you'll be fine. So what's the worst that could really happen?” “Our initial goal was to buy 50 properties in 10 years… about two and a half years now, we have 10 employees and are about to do our 100th transaction.” "Most people, when they start marketing for deals, they focus on the marketing. And really – what it comes down to is the data and the follow-up process.” "Because you're dealing with situations, it's a people business. It's no longer a real estate business. You're dealing with situations that you never thought you would have to deal with." Connecting with the Guest Instant Investor Program Podcast: https://podcasts.apple.com/us/podcast/collecting-keys-real-estate-investing-podcast/id1590409613 Instagram: https://www.instagram.com/mike_invests LinkedIn: https://www.linkedin.com/in/michael-dehaan-20a27b63/ Connect with our growing community: Apply to GoBundance: https://www.gobundance.com/membership Instagram: https://www.instagram.com/gobundance/ Not a millionaire yet but want to be a part of our ecosystem? Check out EMERGE by GoBundance. Enroll Today! https://www.gobundance.com/emerge Interested in starting your own podcast or handing off your production to a qualified team? Email erik@onairbrands.com to learn how we're making the world better, one mic at a time.

Mike Dehaan left his 6 figure job at Boeing to pursue "wholesaling real estate". He now has a team, system, and process built up that allows him a life of freedom and flexibility!Mike (In his words):I am a real estate investor and host of the Collecting Keys Podcast. Since 2020 my real estate investment company has scaled to 9 markets buying off market real estate and completed over 130 transactions and built a portfolio of over 50 units in which I am a majority owner.As the host of the Collecting Keys Podcast we dive deep into running a true real estate investing business as well as coach and educate other investors how to do the same through our Instant Investor Program.For Frameworks, Freedom Tips, and Millionaire Financial Breakdowns -Subscribe to our 5 Minute Weekly Newsletter (Thursday 10 AM EST)https://brianluebben.com/newsletterMust Leave Rating and Review and Have an Emergency Fund to Book a CallBook a 15 Minute "Freedom Call"  (2 Spots Available)https://calendly.com/brianluebben/15minTwitter @theactionpodIG @brianluebben / @mike_investshttps://brianluebben.comCollecting Keys Podcast

Getting into a market is one. But growing your business into nine different markets is definitely another! For our episode, Mike DeHaan, Off Market Real Estate Expert, tells us his strategies in marketing and in finding off-market deals.He also shared some of his systems and how he's faced the challenges they have encountered in their business. Also, get ready for the action plan he's advised after listening to the entire podcast! Remember, this is your MBA. Have a notepad handy, and get ready to take some notes!Key Points from This Episode: Mike tells a story about how he went from subscribing to get-rich-quick gurus on Instagram to being in the Real Estate Industry. Mike talks about having total zero knowledge of real estate and then risking his career as a professional engineer. Marketing and finding off-market deals as Mike's bread and butter. Mike shares how he makes his business different and how he finds deals. Finding the secret marketing method to outstand the market competition. Mike walks through his systems to get into different markets. The challenges Mike has faced in terms of going remote for their marketing and acquisition system and how they resolve it. Is the relationships with other markets the key indicator to finding a new market. Mike shares specific tools for new wholesalers and investors. The action plan for the audience to close their target deals after listening to the episode and educating themselves.  Tweetables: “Let's just be like the trustworthy ones and that's led to us having a lot of success.” – Mike DeHaan  “The real money is made in this business is by having good dispositions, which is probably the hardest one to outsource because it's very dependent on relationships..” – Mike DeHaan  “The marketing's duplicatable, right? You have a system, just do it.” – Jeremy Moyer  “We focus heavily on having a stronger brand and a better follow-up process. And that's how we're able to be competitive.” – Mike DeHaan   Links Mentioned:Mike DeHaan's Collecting Keys Podcast WebsiteMike DeHaan's InstagramMike DeHaan's Email  About Mike DeHaanMike DeHaan started his working life in a typical fashion, going to college and by age 26 was making 6 figures at a cushy corporate job, but he was miserable. After a deep battle with depression at the age of 28, he jumped ship from the corporate world and gave up all his income with no plan and no concrete direction of where to go or what to do. He spent the next 2 years working side jobs, driving for uber, and barely scraping by while trying a medley of different businesses. From e-commerce, dropshipping, marketing, working for a startup, coaching, if you name it, he tried it. His goal was to have a fully location-independent business that could not only generate income but also generate wealth and could be easily grown and scaled with staff and systems. Ultimately this is what led him to become an Off Market Real Estate Investor (Wholesaler) beginning January of 2020 by joining a mastermind that gave him the coaching, accountability, and community to commit and take things to the next level. Two years later, Mike has hired staff and improved his systems to now have 17 staff members and is doing deals in 9 different markets. Their business model now is to keep the best properties they find and wholesale/flip the properties they don't want for the long term. As of now, his rental portfolio consists of 48 doors, with an estimated value of just under $10m. He has also completed over 100 deals in the last 2 years and now generates more passive rental income than he used to make in his 6 figure salary. He even achieved his goal of having a location-independent business as his company continues to close deals while he regularly travels the country (and the world). He is also the host of the Collecting Keys Podcast. He runs his own national mastermind, the Instant Investor Program, where he helps investors get right into the action finding their own off-market opportunities in as little as 2 weeks.

From being a highly-paid downhearted corporate employee for years to a fulfilled real estate investor, Mike DeHaan joins the show to share the ups and downs of his journey. We may have previously featured many stories of failures and success, but the way he built his luck in the business may be different from what you heard. If you want to find the answer to how he did it, dive into this episode!Key Takeaways to Listen forThe importance of having a thought process before making big decisions and transitions in lifeBiggest catalysts of growing a real estate businessBenefits of having a hiring staff, building systems and processes in creating passive incomeIncome-producing marketing strategiesThe significant role of your struggles to persevere and achieve successWhy people must be patient and committed when investing in real estateResources Mentioned in This EpisodeBiggerPocketsFree Apartment Syndication Due Diligence Checklist for Passive Investor About Mike DeHaanMike DeHaan started his working life in a typical fashion, going to college and by age 26 was making 6 figures at a cushy corporate job, but he was miserable. After a deep battle with depression at the age of 28 he jumped ship from the corporate world and gave up all his income with no plan and no concrete direction of where to go or what to do. He spent the next 2 years working side jobs, driving for uber, and barely scraping by while trying a medley of different businesses. From eCommerce, drop shipping, marketing, working for a startup, coaching, if you name it he tried it. His goal was to have a fully location-independent business that could not only generate income but also generate wealth and could be easily grown and scaled with staff and systems. Ultimately this is what led him to become an Off Market Real Estate Investor (Wholesaler) beginning in January of 2020 by joining a mastermind that gave him the coaching, accountability, and community to commit and take things to the next level. Two years later, Mike has hired staff and improved his systems to now have 17 staff members and is doing deals in 9 different markets. He has also completed over 100 deals in the last 2 years and now generates more passive rental income than he used to make in his 6-figure salary. He even achieved his goal of having a location independent business as his company continues to close deals while he regularly travels the country (and the world). He is also the host of the Collecting Keys Podcast and runs his own national mastermind the Instant Investor Program where he helps investors get right into the action finding their own off-market opportunities in as little as 2 weeks.Connect with MikeWebsite: Instant Investor ProgramPodcast: Collecting Keys - Real Estate Investing PodcastInstagram: @mike_investsConnect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorsGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams.

There's always someone looking to sell their property. Some of them might not have thought of it until you've presented it to them. It's up to you to reach out, find leads, and close good deals with different marketing strategies.In this episode of Collecting Keys Podcast, we'll talk about the power of direct mail marketing in finding good deals. Make the most out of it by learning to use it effectively and efficiently. Here are some power takeaways from today's conversation:Reach out for opportunities to find the right buyerMail directly to your target demographicCustomize your mailBe consistent and follow up with your leadsFocus on quality over the quantityEpisode Highlights:[3:50] The Struggles of Real EstateHave a well-established team to take care of your units. Scale your real estate business to secure your finances and double your net worth over time.[14:04] Opening Opportunities for the Right BuyerYou need the right processes to find the right buyer. Reach out and open up opportunities to many others. Being known for your good reputation allows more opportunities and larger margins on your deals.[18:00] Finding DealsFind good leads and close deals using direct mail marketing for off-market real estate. Though more costly, this strategy gives you a better chance to reach your target demographic. Unlike cold calling, direct mail is a warm sales process that yields consistent and quality deals.[22:40] How to Make Direct Mail More EfficientDespite its costly drawbacks, you can make direct mail more effective by:Optimizing for your target audience.Customizing your mail to stand out and be more credible.Being consistent. You might not be what they need at first, but you can be there when they're ready to make a deal.[31:09] Making It WorkCold calling or texting doesn't always work in all markets. Focus on quality instead of quantity. Be consistent with your marketing strategy to reach its full potential. Have a good sales and follow-up process to turn your leads into closed deals. Notable quotes from the Episode: [8:07] “...if you're going to do real estate you probably should do it at some level of scale. You shouldn't just do one because if you have one rental property, and something goes wrong with it, you now have personal liability and your finances...” [21:51] “...the advantage is you can be much more strategic about who you target, and you can guarantee that you're gonna be getting in front of them...”[33:40] “...when it comes down to leads, it's all about quality over quantity...”Resources Mentioned:propstream.com/mikeinvests collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.com instagram.com/mike_investsinstagram.com/investormandan

You've got money to invest in a property, you've found the perfect one, and now you're ready to get started on your renovation project. All that's left is to find a contractor — but that's easier said than done. It can be tricky to find the right people for the job and keep them on track, but with a little bit of organization, it can be done.In this episode of Collecting Keys Podcast, we will discuss how to find the right contractors and build a relationship with them to ensure a successful project.Here are some power takeaways from today's conversation:Be patient with dealsCreate opportunitiesPrepare exit strategies for projectsSecure the necessary legal documentsBuild trust and rapport with contractorsOutline the materials neededMonitor their progressEpisode Highlights:[1:07] The Oil House FiascoAfter a leak in the oil furnace in the oil house they were renovating, they almost faced a lawsuit. Don't let your insurance company dispatch a remediation company. Either use your own crew or dispatch a reputable company within your market.[6:47] How to Thrive in the Current MarketMost deals aren't easy, but you just need to be patient. Learn to find and create opportunities. Prepare different exit plans and legal documents. It's also crucial to be adaptable to the market shifts and not be stuck in one box.[16:39] Finding ContractorsWhen you cannot rely on the market, you will need to learn how to find contractors and manage projects if you'll be doing rehabs. Here are some pointers:Get someone with:a general contractor backgrounda crew that they runConsider the target time on the project.Determine what tasks you can assign to the contractor.Build rapport and trust with the contractor before making them a partner in the deal.Interview the contractor about their projects.Ask them:What's your scheduling?How do you do this certain task?What elements of the project are you going to sub out?Keeping these in mind will help you build a relationship with the contractor. It'll also help you find out the estimated cost.[26:48] Managing Materials and ContractorsGo room by room on the materials and things they want to do. From there, you can outline the materials and how to procure them. Pay them based on phases or weekly. Leverage technology to check in on the contractor's progress.Notable quotes from the Episode:[7:44] “... if you provide high-class properties in growing areas where people are going to need that gap housing, you could probably get some primo rents from some really good people.”[29:36] “You shouldn't expect a contractor to trust you right off the bat if its your first time using them (and you need tor respect that).”[33:15] “Use technology to your advantage.”Resources Mentioned:collectingkeyspodcast.cominstantinvestorprogram.cominstagram.com/collectingkeyspodcastinstagram.com/mike_investsinstagram.com/investormandan

As a real estate investor, you know that the key to success is closing deals. But what happens when the market slows down, and buyers are hard to come by? Don't worry — you can still use plenty of creative strategies to close deals and keep the cash flowing. Keep reading for tips on finding buyers and closing deals when the going gets tough.In this episode of Collecting Keys Podcast, we share tips on buying properties and finding buyers, especially when the going gets tough.Here are some power takeaways from today's conversation:Take care of your health.Get deals at a conservative price.Offload properties that are affecting your finances.Make sure you have two exits.Consider creative financing.Episode Highlights:[03:44] Dealing with Weird and Shady DealsPeople believe that investors charge higher than realtors. But the thing is, realtors don't want to accept weird deals. Listen to the full episode to learn about the recent weird deals they took on — such as the deaf and mute lady with squatters cohabitating in her house![16:57] Staying HealthyIt's helpful to have somebody help you in fitness programming. Taking care of your health is also important in entrepreneurship — or any career — because it gives you focus and energy.[19:52] Finding BuyersThey take good care of their properties instead of just covering things up. Just because buyers won't buy it doesn't mean you don't have a good deal.Don't be afraid to get your hands dirty. If you find good deals, get deals at an extra conservative price and wait it out. If it's affecting your finances and ability to buy more assets, then it would be better to offload it. Make sure you have at least two exits for safety.[26:38] Housing Supply and Rent RatesEven though the housing supply is increasing, the tenant base is still massive, and interest rates are rising. It's more affordable to rent. Rent rates usually go up, though they may soften at times.As time goes on, real estate prices will always increase in value. Consider creative financing so that you can find more buyers. Creative deals will make it more affordable and accessible for more people to buy houses.Notable quotes from the Episode:[23:22] “Just because your buyers won't buy it doesn't mean you don't have a good deal.”[25:19] “Unless you're trying to do this as an institutional size business or like a full-on business, there's really no point in being cut in your losses if you have these different strategies.”[29:16] “Real estate is consistency over time with everything.”Resources Mentioned:collectingkeyspodcast.cominstantinvestorprogram.cominstagram.com/collectingkeyspodcastinstagram.com/mike_investsinstagram.com/investormandan

If you're like most people, you probably think of real estate as a safe investment. And you're not wrong — but safe investments can get boring after a while. Finding hidden gems in overlooked or undervalued neighborhoods helps you make a profit and adapt to the ever-changing market.In this episode of Collecting Keys Podcast, we discuss how you can create opportunities so you can increase profit and thrive no matter the market condition.Here are some power takeaways from today's conversation:Learn to pivot and adaptLeverage market changesCreate opportunitiesDo your due diligenceAsk for help if neededEpisode Highlights:[0:53] The Current State of Airbnb'sThe Airbnb market is suffering from a lower rate of bookings. There are lots of additional costs when running an Airbnb, making it less appealing.The system is built to leverage excess capacity. Due to capitalism, Airbnb's became expensive compared to when it first launched as a cheaper alternative to hotels. Because of that, hotels are gaining the upper hand with competitive prices.[09:55] Becoming AdaptableBeing a one-trick pony isn't sustainable. As you pivot and adapt, you must learn how to analyze and underwrite deals. Determine what to do with your properties and leverage market changes.The buyer pool and buying power have become smaller. Figure out creative financing and find ways to provide affordability for people to recover some of your money and cash flow. You could also trade out lesser quality assets.[19:02] Creating OpportunitiesIf you want to make money in real estate, you must learn how to create opportunities despite the market conditions. Look at what's going on around you and do what makes sense in the market. You need to recognize the opportunity in a property ahead of time.When you do find an opportunity, here's what you can do:Choose a property in a great location.Consult whomever is responsible for the land development to find out options.Contact your zoning department if you must re-entitle a property.Find out where the utility hookups would be.Get a surveyor and builders if needed.Don't be afraid to ask people what you need to know. Most people would be willing to help you. Total separation can be midrange-expensive.Notable quotes from the Episode:[22:46] “Look at what's going on around you before you do stuff like that because it might not make sense for you in your market.”[26:12] “Don't be afraid to just ask people.”[29:18] “We didn't even look at building because we just knew the location was great, that we knew there would be a good spread on the land itself to sell to a builder because–not that we don't want to do this but– we just haven't ever done a new build.”Resources Mentioned:collectingkeyspodcast.cominstantinvestorprogram.cominstagram.com/collectingkeyspodcastinstagram.com/mike_investsinstagram.com/investormandan

Branding is crucial in real estate. To be a successful investor, you'll need to create a name and image that is instantly recognizable and synonymous with high-quality investments. But how do you go about doing that? And how do you make sure your brand stays strong?In this episode of Collecting Keys Podcast, we discuss how you can establish a strong, effective real estate investment brand and build connections that will pave the way for opportunities.Here are some power takeaways from today's conversation:Make more competitive offersBuy at a good priceInvest in brand buildingEstablish connectionsBe humble, honest, and helpfulEpisode Highlights:[07:16] Leveraging the Market CrashThe main buyers now are the big-time flippers and businesses, but they are also marketing their own deals. On the other hand, the mom and pop flippers have put their brakes on due to fear. It is a buy opportunity in the market right now where you can place more competitive offers.[11:16] Buying at a DiscountMake sure you always have multiple exits. Buy at a good price. It's also essential to be selective and prepared to hold it for the long-term if needed. But do not overleverage either — if you can financially sustain having one property, don't buy more than that.Position yourself in a comfortable place. Establishing your reputation as an investor will give you an edge, security, and opportunities within the real estate market.[18:41] Building a Real Estate Investment BrandEstablishing a brand will give you more credibility with sellers, investors, realtors, lenders, and many other key players in the real estate space.There are many things you can do to build your brand, such as:Focus on talking to sellers.Get a Google review from sellers.Outsource tasks.Come up with a unique name.Establish a good professional online presence.Use social media for retargeting.Make sure that people will be exposed to your brand. If people start recognizing you, they'll trust you more, and that will lead to more opportunities for your business.[33:07] Building a Brand Within Your Peer GroupThe peers you work with are essential for a successful business. You need brand recognition and action if you want to work within your peer group. Just be humble and honest. Reach out to help other people, too, so you can build connections and trust.Notable quotes from the Episode: [19:54] “... brand is built over time.”[27:03] “By putting your name and stuff out there, and your photo, and all those sorts of things, it makes you that much more credible to the sellers.”[33:35] “What makes your business successful, honestly, is the peers you work with.”Resources Mentioned:collectingkeyspodcast.cominstantinvestorprogram.cominstagram.com/collectingkeyspodcastinstagram.com/mike_investsinstagram.com/investormandan

Running a business is hard work. Many business owners are always looking for ways to boost their business and make things a little bit easier on themselves. One way to do that is by hiring virtual assistants.In this episode of Collecting Keys Podcast, we discuss our tips on hiring effective virtual assistants that can help you elevate your business.Here are some power takeaways from today's conversation:Stick to your principlesFocus on high-value tasksHire virtual assistantsSet clear expectationsBe honest and fairEpisode Highlights:[07:57] Sticking to Your PrinciplesMike and Dan are starting litigation season. After dealing with a difficult mitigation franchise and insurance, they filed a lawsuit due to the damages done to the property. Figure out how to stand by your principles while optimizing the financial situation.They also have their virtual employees do their lead management and marketing. Currently, they are starting to systematize things.[19:05] Hiring Virtual AssistantsOne of the easiest ways to scale a business and take some tasks off your plate is to hire a virtual assistant. People may have a misconception that virtual assistants are untrustworthy scammers. But hiring overseas virtual assistants are cost-efficient, hardworking, and skilled.They can help streamline your workflow and minimize expenses so you can focus on high-value tasks. Just be honest and fair with them.[30:17] Where to Find Virtual AssistantsYou can find virtual assistants on Upwork, Fiverr, Online Jobs, and other platforms. Interview the applicants, set clear expectations, and walk them through the tasks.You can track your virtual assistants' time, but encouraging them to engage would be more productive. Ask them for feedback. If there are any tasks that you do not particularly enjoy or aren't knowledgeable about, offloading them to a virtual assistant would be a great way to get it off your shoulders while still getting the job done.Notable quotes from the Episode:[24:36] “When you're an entrepreneur, when you're a business owner, you have to be spending your time doing the tasks that have the highest likelihood of generating revenue.”[36:52] “If it becomes a recurring problem, if you have several people come into the same role, it's not working, it's probably not a ‘them' problem. It's probably a ‘you' problem.”[37:25] “It's so much simpler than you think if you treat them {Your VA's} like human beings with families and ambitions, which they are, honestly.”Resources Mentioned:upwork.comfiverr.comonlinejobs.phhubstaff.comcollectingkeyspodcast.cominstantinvestorprogram.cominstagram.com/collectingkeyspodcastinstagram.com/mike_investsinstagram.com/investormandan

Troublesome tenants could cause issues with neighbors, landlords, and expensive evictions. Tenant horror stories are everywhere, but they can be avoided with the right screening process.In this episode of Collecting Keys Podcast, we discuss our tips on how to screen your tenants and make sure you get the best ones. We also share our thoughts on the current real estate market and the opportunities you can grab.Here are some power takeaways from today's conversation:With The Economy Changing, Add extra margins to your dealsConsider purchasing off-market discounted real estateWhen it comes to tenants, character is more important than credit scoreBe firm but fair with tenantsTry hiring a property management company if its too muchEpisode Highlights:[01:12] Updates on the MarketWith the interest change, the market has skyrocketed. People are mostly reactive and no longer make rational, long-term decisions. Markets don't like uncertainty, so once people know what's happening, they can move forward.Rates get brought up and down depending on the needs of the economy. If you're in real estate, add a little extra margin to be safe.[09:21] Navigating the Current Real Estate MarketYou'll need to put in money, time, and effort to find opportunities to purchase off-market discounted real estate. But it eliminates a huge amount of risk due to the many options.The market is most likely going to change around you. It's essential to find out what your excess and risks are. Demand may drop significantly with the new interest rates. If high prices become the norm, the costs will not come down even if the rates do.[19:53] Screening TenantsBe cautious because the eviction process can be daunting and expensive. Screening also helps make tenant turnovers less pricey.You'll want tenants that won't trash the place. You can use these pre-screening questions:What's your base credit score?What's your income?Do you have any evictions or criminal records?Financial indicators are important to determine their ability to pay rent. Follow through with their references. Judging their character can sometimes be more important than credit score. You can also observe them and get a feel for their personality if you can meet them in person.[35:06] Screening TenantsTenants are not your friends. You can be friendly with them, but don't forget to be firm but fair. It is crucial to have rules and guidelines. Compromise might be on the table, but don't bend those rules too much for them.If all this sounds like too much, hire a property management company. It'll cost time and effort, but you won't have to worry about the stressful stuff.Notable quotes from the Episode:[22:08] “Just because someone makes a lot of money doesn't mean they're not going to wreck your property.”[33:29] “You have to judge the character.”[35:11] “Tenants are not your friend. You can be chummy with them, but everything should be firm, but fair.”Resources Mentioned:collectingkeyspodcast.cominstantinvestorprogram.cominstagram.com/collectingkeyspodcastinstagram.com/mike_investsinstagram.com/investormandan

It's vital to maintain a healthy pipeline of leads. After all, you'll want to be prepared when a lull or fluctuation in the real estate market threatens to stop your momentum. But finding leads is the easier part of the process — finding the motivated leads and pursuing them might give you a more challenging time.In this episode of Collecting Keys Podcast, we share our tips on how to find motivated leads and pursue them. We also share our thoughts on the bear market and how to survive it.Here are some power takeaways from today's conversation:Keep your momentum up.Make your brand and marketing presence stronger.Be adaptable, consistent, and cautious.How to prescreen your leads to see if they're really motivated.Episode Highlights:[01:02] Surviving the Bear MarketIn the past few weeks, the numbers in the market have become low. Real estate relies heavily on momentum. You need the resources and the stomach to keep pushing through.To keep up your momentum, double down on marketing and optimize your systems. Make your brand and market presence stronger; be adaptable and consistent. However, you also need to remain cautious not to make offers based on assumptions that things will keep going up.[16:58] How to Pre-screen LeadsPrepare a checklist of things you want to ask your leads. Ask them the following:Do you actually want to sell?When are you looking to sell?What's the general condition of your house?Why did you call me as opposed to a realtor?What's your price expectation for the house?These questions can help you determine their motivations. Build these into conversations with them and establish trust.[25:35] Pursuing LeadsWhen pursuing leads, it all comes back to the core idea that real estate is a people business. Try to help them with their problems. Listen to their needs and wants. Likewise, don't be shady or too aggressive. Most people don't have a positive experience with salespeople, and this makes problem-solving a critical part of the equation. Ultimately, every transaction should be a win-win.If you're a newer investor, don't make the mistake of spending all your time building rapport without moving the dial. Qualifying them upfront will help you avoid wasting unnecessary time and weed out unmotivated leads from motivated ones. It also makes the initial sales process easier to outsource.Notable quotes from the Episode:[26:25] “This is a people business. It's not a real estate business — it is because the real estate's the collateral, but it's all about the people and solving their problems.”[29:22] “The problem solving part of it and the relationship part of this business is super important. It will allow you to have a better brand, it will allow you to do deals more consistently, and it will allow you to be a positive contributor to society.”[35:08] “A big concern people always have is they're like, ‘I don't want to miss opportunities.' And you know what sucks? You're going to. That's kind of part of the game.”Resources Mentioned:collectingkeyspodcast.cominstantinvestorprogram.cominstagram.com/collectingkeyspodcastinstagram.com/mike_investsinstagram.com/investormandan

Nobody enjoys dealing with irrational sellers. But here are the facts: not every transaction is going to be easy, and the process of closing deals requires patience and persistence. Since there are many difficult sellers, you have to brush up on your people skills and learn how to handle them.In this episode of Collecting Keys Podcast, we share our tips on how to deal with difficult sellers. We also share our thoughts on the current shifts in the market and how you can leverage them.Here are some power takeaways from today's conversation:Offload shitty properties and invest in more desirable assets. Buy cautiously and wisely.Establish your brand and reputation as an investor.Be firm, fair, realistic, and flexible in dealing with difficult sellers.Listen to sellers and help them out.Episode Highlights:[01:33] Changes in the MarketThe market is shifting. Interest rates have been climbing, and the slowdown has started. As a result of the bear market and inflation, companies are implementing defensive strategies.But for the everyday person, what the stock market does daily doesn't affect them. In fact, it creates buying opportunities for people to generate wealth. It's the perfect time to buy assets — whether in stocks, real estate, or crypto.[12:11] Preparing for the Long TermLeverage the changes in the market by hoarding cash or stabilizing your properties. Offload the dumpy properties and make sure you have the more desirable assets. Likewise, don't gamble on things that make little sense in the long term.The economy doesn't stop; it tightens up and goes through correcting. While flippers need to be more cautious and meticulous, there are still many opportunities to invest. Buy at future prices, not yesterday's prices. Take action and learn how to deal with tough sellers.[18:29] Preparing for Market ChangesPosition yourself with knowledge of the market. You have to establish your brand as a business and your reputation as an investor. Furthermore, educate yourself on how to deal with difficult sellers.[20:55] Dealing with Difficult SellersSellers can be difficult for many reasons, such as temperament and situations. Here's how you can deal with difficult sellers:Be firm, fair, and realistic.Be flexible in what you're willing to do.Prepare a backup plan for your backup plan.If you buy right, you're going to do well. However, you have to let the little details go when you encounter resistance or unfair situations. Sellers can be irrational at some point in the transaction. Listen to them and help solve their problems. At the end of the day, real estate is also a people business.Notable quotes from the Episode:[09:22] “Everyone's fearful. Now's the time to start being greedy. Now's the time to start buying assets and doing all that sort of stuff.”[29:52] “You have to be able to pivot and don't feel like the deal is dead just because the seller is acting that way because I would say, more often than not, sellers act somewhat irrational at some point during the transaction.”[33:38] “At the end of it, it's not really a real estate business. It's a people business, and you're providing a service to your sellers.”Resources Mentioned:collectingkeyspodcast.cominstantinvestorprogram.cominstagram.com/collectingkeyspodcastinstagram.com/mike_investsinstagram.com/investormandan

If you're just getting started, you may not realize it, but as your business grows, so will your taxes — and they can be a big hit to your revenue. This is why it's so important to minimize your tax liabilities.In this episode of Collecting Keys Podcast, we share our tips on how to hack the system and pay as few taxes as possible while accumulating as many assets as you can.Here are some power takeaways from today's conversation:Don't be afraid to branch out your business — experience is the best teacherLearn to realize when you're at a loss and walk awayAccumulate as many assets as you can while reducing your tax liabilitiesFamiliarize yourself with 1031 exchanges to further reduce your liabilitiesEpisode Highlights:[01:00] Learning From ExperienceMike and Dan have recently launched in a tenth market. This may seem like a big deal, but they explain that once you have the basis of your business, scaling it becomes much easier.People tend to be afraid to make big changes too early into a business, but Mike and Dan share that even they are learning as they go. The easiest way to start learning things you don't know is to start having conversations with people who do.[14:04] Minimizing Your Tax LiabilitiesYou may not realize it if you're just starting out, but as you move up the supply chain — especially when moving large assets — taxes can be a big hit to your revenue. This is why it's so important to minimize your tax liabilities.Mike and Dan cite taking the most reasonable, minimum salary you can, and using passive losses like depreciation against your passive gains. Listen to the full episode for their discussion on how and why this is effective![28:15] The 1031 ExchangeA 1031 exchange is a policy where you sell an asset without realizing any true gains, identifying a new asset, and closing on that one as well. It's a common strategy to avoid capital gains and depreciation recapture.This is a no-brainer if you're in the real estate business and always buying and flipping houses. Listen to the full episode for Mike and Dan's explanation on how to make a 1031 exchange!Notable quotes from the Episode:[03:25] “The easiest way to start figuring it out is to start having conversations with people and start shooting your shots.”[26:43] “At one point, it's going to cross a threshold where it no longer makes sense to work your W2 job necessarily, because realistically, the tax savings that you're going to get could potentially be more than your total income on your job.[33:41] “That's the whole game, right? It's trying to figure out how to pay as few taxes as possible while being able to get as much equity, debt, and cash, and accumulate as many assets as you can.”Resources Mentioned:collectingkeyspodcast.cominstantinvestorprogram.cominstagram.com/collectingkeyspodcastinstagram.com/mike_investsinstagram.com/investormandan

In the real estate industry, interacting with other people is a non-negotiable. You need to build a connection with others and establish relationships to bring your business to the next level. But for that to happen, you need to start by finding the right people.In this episode of Collecting Keys Podcast, we share our tips on how to find the right people — both in hiring and selling properties.Here are some power takeaways from today's conversation:Hire people with skills you don't haveValue your employees and give them opportunities to growBuild connections with potential buyersFind cash buyers in your marketParticipate in joint ventures with your competitorsEpisode Highlights:[01:27] HiringMike and Dan are in growth mode, so they're focused on hiring. Running a virtual company necessitates that they hire people who are good communicators.When hiring, offloading tasks shouldn't be your only aim; you need to hire people who are better than you. These people can fill in the gaps in your knowledge or skills. Even without the revenue to pay a large group of employees, you can find a smaller set of the best people and bring them to your business.[13:43] Finding the Right PeopleMike and Dan have found most of their best hires from social media or referrals. Go straight to the source where you can find the kind of people you want to hire. Present them with an opportunity to invest and grow. Build trust and loyalty with employees. Don't shortchange or undervalue them.Listen to the full episode to find out how Mike and Dan find their virtual assistants![21:10] Finding BuyersFacebook groups are the easiest way to find cash buyers. Learn the big names in real estate. Connect with potential buyers and build rapport with them. Don't rely too heavily on outsourcing to third-party services; it can harm your business if they aren't trustworthy or go belly up.Find cash buyers in your market. Start with a large funnel and filter down until you find the perfect buyer. Know your competitors and conduct a JV with them so that you can learn how to make deals and gain access to better buyers.Notable quotes from the Episode:[13:13] “If you want good employees, you have to already have the opportunity there, and then make it available for them to capture and benefit off of it.”[17:39] “If they are doing that task and it's taking them half the time, who cares? It's doing what you need to do and, realistically, it's costing you so much less than if you hired an American person to do it.”[37:22] “Don't be afraid to get involved in your local community with other investors. And don't be afraid to collaborate with people.”Resources Mentioned:collectingkeyspodcast.cominstantinvestorprogram.cominstagram.com/collectingkeyspodcastinstagram.com/mike_investsinstagram.com/investormandaninvestorlift.com

There are many ways to gain find sellers — and cold calling is just one of them. But if you don't know how to build trust and communicate with people, your lead is likely to go cold.In this episode of Collecting Keys Podcast, we discuss our opinions on cold calling and whether it's an effective strategy to get leads. We also share our tips for cold calling so you can leverage it and increase your conversion rate.Here are some power takeaways from today's conversation:Don't be afraid to deal with tenantsProper communication is key in the real estate industryBuild rapport with clients and potential leadsMake sure you're acquiring leads from a trusted sourceGet skilled individuals to do the cold callingEpisode Highlights:[00:55] Investment and Housing ShortageWith the current labor issue, Mike and Dan end up closing properties since it's easier and more sensible than wholesaling them. If you want to invest in real estate during a housing shortage, you'll need to deal with tenants — and sometimes, those are the best deals.Evicting someone can be pricey and complicated. Look at the numbers, balance it out with the cash for keys deal, and determine the worst-case scenario.[04:50] Communicate with OwnersBuyers should be the ones paying for their due diligence. Always communicate with the owners — they're likely willing to figure things out with you. Building relationships is crucial in the real estate industry.[08:48] Dealing with Difficult TenantsWhile walking through one property, Mike and Dan had to deal with particularly difficult tenants. They even suspected something illegal going on.Listen to the full episode to hear how Mike and Dan dealt with these nightmare tenants and other projects they'll be working on![12:41] The HOA Insurance DilemmaMike and Dan's condo flip got blocked by the HOA insurance. The only other insurance available was at a fixed cost and wouldn't cover the actual cost. They took this as a sign that real estate is quickly growing.[19:52] Cold CallingCold calling should either be targeted or there must be a highly skilled person in-house to monitor progress. Be skeptical of anyone providing leads of unknown origin.. Don't go for cheap data. Avoid hiring low-quality people.Tune in to the full episode for Mike and Dan's process that you can follow for cold calls!Notable quotes from the Episode:[02:42] “If you're in a housing shortage situation and you want to do deals, you're going to have to eventually deal with tenants. And sometimes, those are the best deals.”[08:10] “Your network is your net worth.”[35:34] “If you just go to push the easy button, you might get results, but you're going to be spending a lot more money getting those results, and it's not going to be as in your control.”Resources Mentioned:skipgenie.comcollectingkeyspodcast.cominstantinvestorprogram.cominstagram.com/collectingkeyspodcastinstagram.com/mike_investsinstagram.com/investormandan

Estimating renovation costs on a property isn't as hard as many people make it out to be. But if you don't go about it the right way, that's when you can find yourself in trouble.In this episode of Collecting Keys Podcast, Mike opens talking about a recent trip to Miami for a GoBundance mastermind. In the educational section, we share our tips and tricks on how to really make a renovation costs estimate by being conservative and using a simplified process, and how to get the most value out of a renovation.Here are some power takeaways from today's conversation:Surround yourself with like-minded peopleBe intentional, inquisitive, and truly listen in all of your dealingsMake conservative estimates when coming up with renovation costsLess renovations is more if you want to make money flipping housesEpisode Highlights:[08:50] Making the Most Out of Mastermind EventsMike recently attended a GoBundance event that he found very inspiring. But while it's easy to leave a talk feeling pumped, the action you take after is what's really important. Be intentional, inquisitive, and truly listen in these types of events to get the most out of them.Listen to the full episode for more of Mike and Dan's takeaways![17:47] How to Estimate Renovation Costs on a PropertyMany people become overwhelmed at the idea of estimating renovation costs, but it can be as simple as conducting a walkthrough and taking photos of what needs renovating as you go along. The key is to make conservative estimates.Consider Mike and Dan's Instant Investor Program and check out their calculator tool for easier estimating![26:32] Bolstering Your Budget With a Contractor WalkthroughBy conducting another, more detailed walkthrough with your contractor, you can build confidence in your initial estimate or make adjustments as needed. This second walkthrough will also allow you to come up with a materials package.Your walkthrough with your contractor is when you take note of the quantities and measurements of everything that needs to be replaced. This will help you check whether your new findings line up with your initial estimates and smooth out your entire renovation process.Notable quotes from the Episode:[13:50] “Being intentional, that's how you go from zero to 100 way faster than the average person, is really being intentional about those action steps.”[15:53] “It's beyond just you. And your new reality is like what is possible, as opposed to what you're used to seeing every day in your life and how you move forward.”[30:50] “It can be a major swing in your profits, honestly, little things add up — that nice, cute backsplash, those new countertops that you didn't have to do, the whole new bathroom, tile shower, and all that sort of stuff can be unnecessary and really effect your bottom line.”Resources Mentioned:collectingkeyspodcast.com/calculatorinstantinvestorprogram.cominstagram.com/collectingkeyspodcastinstagram.com/mike_investsinstagram.com/investormandan

The housing market is a complex system affected by various factors. If you don't understand these factors and their effects, you can't make informed choices and ensure financial security.In this episode of Collecting Keys Podcast, we discuss the current housing market: its current state, predicting its future, and how to take advantage of it.Here are some power takeaways from today's conversation:The housing market is more than just inflation and appreciationHigh-end real estate may fluctuate in price but consumer-level real estate will always be in demandInvest in real estate in places with significant economic growthA recession won't affect housing, but it will spread the wealth gap furtherFind ways to elevate your incomeEpisode Highlights:[00:57] Real Estate PricesReal estate prices are rising; people often cite the real estate market in 2008 due to the hiking prices today, but there were more houses  on the market then compared to now.There are few new constructions; there's land to build on, but it isn't developed. It all comes down to affordability since it dissipates so quickly.[05:40] Factors in the Housing MarketMost people correlate interest rates with housing and mortgage. So they think that recession, inflation, etc., will cause problems in the housing market, but it doesn't guarantee that housing rates will tank.Inventory and liquidity also affect housing markets. People are always looking to deploy their cash and find suitable investments, but the wealth gap is also a concern.[13:45] Inflation and Economic DownturnsPeople who own assets tend to do better in inflationary periods. Goods cost the same, but assets rise in price. Inflation is higher than the government has quoted in recent years. House pricing will either remain stagnant or increase every recession.[17:53] Why Get in on the Housing MarketHousing might experience minor, 5-10% price changes, but that only affects high-end real estate. Due to affordability, there will always be a massive demand for consumer-level real estate.A recession is coming. It won't affect housing that much but will widen the wealth gap. The government will not address that gap, so find ways to generate income without relying on others.Notable quotes from the Episode:[13:53] “People who own assets tend to do better in inflationary periods.”[21:59] “If you're buying houses, you're buying real estate in places that people are moving to, are growing economically, have a general demand within their market for people that are like moving there and not just investors, you're probably not going to lose in those situations.”[25:34] “Stop letting people strip value out of you for their own profits and go strip value out of something else for yourself.”Resources Mentioned:stlouisfed.orgcollectingkeyspodcast.cominstantinvestorprogram.cominstagram.com/collectingkeyspodcastinstagram.com/mike_investsinstagram.com/investormandan

What's the best way to fund an off-market deal?Many of us stick to taking out loans, whether long-term loans or hard money loans, for our funding. What we fail to realize is that, with the constant fluctuations in loan rates, it's much safer to diversify our options.In this episode of Collecting Keys Podcast, we talk about the importance of keeping other avenues for funding open when going after off-market deals. We also talk about building trust and rapport with potential lenders, and how this can open up the way to more, even better deals.Here are some power takeaways from today's conversation:Financial freedom is a luxury; appreciate it if you have it. Not everyone can afford to take the same risks as you.Don't judge potential tenants on their income category alone. Any lack of due diligence during the screening process is on you.Given the constant fluctuations in loan rates, it's important to have backup funding options ready.Simple preparation and a pleasant disposition can go a long way when dealing with lenders.Episode Highlights:[02:19] Money Does MatterThere seems to be a trend of people reaching a certain level of success and brushing it off, saying they “don't care about the money.” Mike and Dan find offense at this and argue that kind of behavior is arrogant and discredits the struggles of those lesser off.Not everyone has the luxury of not caring. Without that safety net, many people are forced to pick not failing over taking risks.[10:43] The Misconceptions of Section 8 Real EstateMike and Dan talk about doing their final bouts of due diligence on a 6-unit property. They later learned that it was a Section 8 property, but this didn't deter them.The world and our economy are growing at a rapid pace and some people are having a harder time keeping up. Most Section 8 tenants are good people, just in bad, low-income categories.[19:01] How to Fund Off-Market DealsNowadays, long-term loans and hard money loans are worth about the same thing. Mike and Dan speculate that lenders must think that the current spike in rates is only temporary, hence the change. This is why it's important to have different funding options available.Tune in to the full episode for Mike and Dan's discussion on other avenues to funding off-market deals![31:29] Getting on a Potential Lender's Good SideWhether you're well-prepared and on top of your work can make or break a deal with lenders. Every interaction is a window into how easy or difficult you are to work with as a business partner — make it count!Notable quotes from the Episode:[06:23] “‘Money doesn't create happiness.' No, but it does make things a lot less stressful, a lot easier for you. That's why a lot of folks in our circles are marching towards financial freedom.”[15:12] “[Section 8 tenants] aren't keeping up with inflationary rents and all that sort of stuff, but it's not because they're bad people. Things grew around them.”[23:58] “Your relationships with your lenders are growing their business because one of the first things some of these [lenders] are looking for is like, ‘What's your track record?'”Resources Mentioned:collectingkeyspodcast.cominstantinvestorprogram.cominstagram.com/collectingkeyspodcastinstagram.com/mike_investsinstagram.com/investormandan

Is driving for dollars truly an effective strategy for acquiring deals?You might have been told that driving for dollars is a great way to collect lists and acquire deals. It's simple, easy, and doesn't cost much at all — sounds like a great strategy, doesn't it? But the truth is, it's probably not the best use of your time.In this episode of Collecting Keys Podcast, we talk about how effective driving for dollars is (or, in this case, isn't) and what you should be spending your time doing instead. We also talk about building trust with and taking care of properties and tenants, which are always intertwined.Here are some power takeaways from today's conversation:Consider the class of your tenantsBuild rapport with tenants and prospective clientsInstead of displacing tenants, do what you can to help themTake tenants' requests into considerationSpend time having conversations and building trust with peopleWork for other investors and learn from themEpisode Highlights:[0:41] Lessons From Their First DuplexIt was chaotic when Mike and Dan bought their first duplex together. There were property issues and confusion with the contractor — but in the end, they still own it now and it's their best cash-flowing asset.[02:51] Consider Tenants' ClassMost people fixate on the class of the property, but what's important is the class of your tenants. You should avoid C-class tenants in B or A-class properties. It's also important to build trust with your tenants, but remember that some tenant modifications are as good as others.[04:38] Dealing with Properties and TenantsMike and Dan officially did the final walkthrough on a property. It needs some work, but it's easy to manage if they have to fix anything. But they recently learned that the tenants are Section 8. You can work with local housing authorities if you're below-market rents to avoid having to displace tenants. Displacing them would be unethical and cost a lot of money.[08:24] Taking Care of Properties and TenantsPeople think investors just want to buy things, max them out, and sell them, but a landlord's job is to provide housing. If you're marketing your own property and buying it at a good price, you don't have to turn it into an A-class property and jack up rents. If you want to hear about how Mike and Dan acquired property of the market by building rapport with the previous owner, tune in to the full episode![15:59] Driving for DollarsDriving for dollars is simply driving around and looking for a crappy property. If you spot one, save the owner's phone number and try purchasing the property. That's why apps come in handy so you can find the owner, number, mail, and address. You should be able to adapt and grow with the market. Driving for dollars can work with the right mindset paired with other marketing and data strategies.[30:03] Tips for New InvestorsIf you want to be an investor but don't have money, work for an investor that's getting deals done and be their acquisitions manager. This will help you get exposure to the investment process and learn how to conduct acquisition conversations  Work for the people that are doing what you want to be doing, then start investing. Resources Mentioned:collectingkeyspodcast.comhttps://drinkinbros.com/Instantinvestorprogram.cominstagram.com/collectingkeyspodcastinstagram.com/mike_investsinstagram.com/investormandan

If you have more shots on goal, you're going to have more opportunities!     In the 11th episode of Cash Flow Pro we sit down to talk with Mike Dehaan, a specialist in off market properties and co-host of the Collecting Keys Podcast. Him and his business partner, Dan, built a wholesaling/flipping/investing operation from nothing and have developed a repeatable system.   In the Collecting Keys Podcast, Mike and Dan do real talk about how they run their off-market business and stories of what has happened to them on their journey. Mike is here to share his secrets on how they tweak basic models of marketing and developed a system that allowed them to build a rental portfolio of over 40 units while completing over 50 transactions in 2021 alone.     In this episode we discuss:   Traditional marketing and the attention to details. Personalizing to local market can make a difference in the connections you create and increase your response rates. How to find leads and create an organized system to make sure your marketing is targeting the right audience. Building relationships with hard money lenders and working with them to get the best rates.     If you are interested in learning how to create your own real estate investment operation or pursuing off market investments, make sure to tune in to find out more!     Find your flow: Casey Brown Resources mentioned in this podcast: https://collectingkeyspodcast.com/ https://www.instagram.com/mike_invests/?hl=en  

Do you ever wonder whether or not your team is enough for your business?Maybe you think that you can do almost everything for your business. Juggling tasks may be easy for you, but is it the most efficient way to do things? You may think that you can do it all, but the truth is, you shouldn't be wearing all the hats. There are jobs where people other than you can excel, like the acquisitions manager role. However, if the acquisitions part of your business is what you enjoy, then you probably should avoid the temptation to hire one just because its what everyone else is doing. In this episode of Collecting Keys Podcast, we talk about how an acquisitions manager can help you and your business in the long run. We also talk about the road to success and why building your business around an office is not a good idea nowadays.Here are some power takeaways from today's conversation:There is no wrong way to succeed, but there is a right way.The little nuances in a physical office do not matter to workers anymore.Workers want flexibility and to make money.Building your business around an office is not the cornerstone of freedom.Be honest with the job description.Hire for what your business needs, not for what you want.Episode Highlights:[03:23] No Wrong Way to Becoming SuccessfulThere's no wrong way to succeed, but there is a right way to do it. There are many different ways for you to choose your way to success. The base process is all similar, but the journey makes it different.[06:04] The Little NuancesTraditional business owners tend to overlook the effects of the current COVID-19 pandemic on the industry. Workers do not want to return to offices even with the perks like a taco day or recreational activities. Workers want flexibility and to make money productively.[10:09] Being Together is Not The CornerstoneIf you are trying to run a profit, you want to be focused and fast. Wanting to be physically together as a team can become counterproductive. There is value in working face-to-face, but it's more important to have a better communication system. Building a business around an office and requiring you and your team to be physically present is not the cornerstone of freedom and financial freedom.[17:06 ] What is An Acquisitions ManagerAn acquisitions manager can take on various roles, but they typically engage with leads for a business. They are in charge of the follow-up sales calls, running appointments, and contract signing. They are both the face and salesperson of a business.[22:08] Strengths and WeaknessesAssessing the strengths and weaknesses of your business reflects on the vision of your business. You must look at it as a whole and not at just overhead. Knowing when you need a person to take care of specific tasks shows growth for your business.[25:23] Hiring for the RoleHiring an acquisitions manager or any other role must be out of need rather than want. If your business calls for a person in this role, then you must do it.Resources Mentioned:collectingkeyspodcast.comhttps://drinkinbros.com/Instantinvestorprogram.cominstagram.com/collectingkeyspodcastinstagram.com/mike_investsinstagram.com/investormandan

Do you have trouble dealing with tenants?Maybe you feel guilty having to evict people? Or it could be that you don't know the approach to take without looking like the bad guy. Whatever the reason is, knowing how to deal with people, be it tenants or buyers, is an integral part of real estate investing.In this episode of Collecting Keys Podcast, we talk about the most effective ways to deal with tenants in a “cash for keys” situation. We also explore the attitudes, mindsets, and habits you'll need when dealing with people in real estate.Here are some power takeaways from today's conversation:Organize your scheduleKeep an eye out for unique opportunitiesBe consistent and transparentAlways look at the data when making decisionsIf you don't know something, find someone who doesBe firm, fair, creative, and kind with tenantsEpisode Highlights:[03:07] Make Professional Investor DealsAn amateur investor may try to make a purchase in cash for a number that doesn't quite make sense. That would not be a good deal unless you're willing to solve the problem that exists there. You need a good eye for unique opportunities.[08:57] Look at the DataLooking at your data is crucial. The comps can tell you what the price should be and can be. They will also determine whether renovations are needed or not. You need to believe in the fundamentals of your assets and improve them.[19:48] Cash for KeysMany investors get scared away from buying properties with tenants. The problem is, there are so many deals to be had if you are willing to tackle the tenant issue. Learning how to do cash for keys to encourage tenants to move along is a great tool and one we use on a regular basis.Notable quotes from the Episode:“You don't have to know how to figure it out. You just have to know who does know how to figure it out.”“At [real estate's] core, it's just not being afraid to talk to people.”Resources Mentioned:collectingkeyspodcast.cominstantinvestorprogram.combiggerpockets.com/podcastinstagram.com/collectingkeyspodcastinstagram.com/mike_investsinstagram.com/investormandanConnect with us:Connect with Michael DeHaan on LinkedInFollow Michael DeHaan on InstagramFollow Michael DeHaan on TikTokVisit Dan Austin's websiteFollow Dan Austin on InstagramListen to more Collecting Keys episodesCollecting Keys Podcast on InstagramIf you enjoyed this episode, please leave a REVIEW and RATE it on iTunes, Apple Podcasts, and Spotify!

Do you think real estate investing is a gateway to money and success? Don't be fooled! Real estate can be a tricky investment if you don't know what you're getting into. Many roadblocks can impact your portfolio equity and value. The truth is, real estate investing is both a people business and a long-term investment. If you want to succeed, you need to be patient, strategic, and consistent.We here at the Collecting Keys Podcast are relaunching this episode as a reminder of what real estate investing is all about. We talk about the common roadblocks in real estate investing and the value of good properties. We also discuss the differences between cash flow and equity, and why you need a good balance of both. Here are some power takeaways from today's conversation:Real estate investing is a people businessBalancing cash flow and equity is important for successIt's better to consistently buy rather than speculate on propertiesIf it's a good deal today, it will remain a good deal tomorrowEquity is more significant than cash flow in the long termEpisode Highlights:[00:40] The Truth About Real Estate InvestingThose in real estate investing like to talk about the wins and big earnings, but the truth is, this business tends to go up and down. Real estate investing is difficult to sustain long term and it's impacted by several factors including insurance and renters. The earnings of the 90% who appear to be winning now will disappear after a while. Real estate investing is a people business, and you will meet disagreeable and difficult-to-work-with people. At some point, you'll need to learn to stand up for your principles.[11:13] Knowing the Money ProblemRoadblocks can easily disrupt profits, which can then disrupt business decisions. If opportunities come, you'll be forced to raise money and deplete business funds. Since a flipping business is capital intensive, it's difficult to maintain and scale up. Properties may suddenly be worth less than what you bought them for in as little as a month. This is why it's not advisable to borrow money. You can be sued or have relationships ruined.   Don't be lured into a vanity metric. Some people use private money to buy 1000 doors at retail value but the equity is not theirs. [18:01] Difference between Cash Flow and Equity People will value different metrics based on the amount of financial freedom they have. Real wealth comes from equity accumulated over the years. You need to know your long-term and immediate goals. Even if your real estate investment is meant to be passive, you need to treat it as a long-term investment. Good quality properties that appreciate over time can be more significant than cash flow. Cheap properties may have good immediate checks, but net gains are usually terrible. It's good to have positive cash flow, but appreciation is more powerful. This is why you need a good balance of both. Resources Mentioned:http://www.collectingkeyspodcast.comhttps://www.instantinvestorprogram.com/https://www.biggerpockets.com/podcast https://www.instagram.com/collectingkeyspodcast/ https://www.instagram.com/mike_invests/?hl=en https://www.instagram.com/investormandan/ 

Get Ready For The Instant Investor Program Episode 19: Show Notes. We are taking today's episode as a great way to round up some recent news and introduce our amazing new Instant Investor group coaching program! Things have been heating up recently, and with the arrival of the sun, deals have been popping up and new leads have been appearing. We discuss a little about why returning to old leads is always a good practice, the best ways to contact companies and their leaders, and why setting up processes and systems for these tasks is vital to their success. From there we dive into what we are offering through The Instant Investor Program and why it could be the thing that really moves the needle for you and your business. There are a lot of different possible steps to take when you start out, but we believe that focusing on early revenue generation is the most important one and that's what our coaching program is all about! So to hear all about this and how to sign up today, make sure to tune in to his episode of the Collecting Keys Podcast! Key Points From This Episode: The upswing in business and leads with the sun coming out! Following up on leads and revisiting old connections down the line. Tips for getting in contact with the owners of companies and sidestepping the main mailboxes.Dealing with undisclosed pet presences, late rent, and contractor drama.Details about the group coaching program that we are launching next week!Prioritizing revenue generation and getting down to what is most important for a new business. Who can benefit directly from the coaching program and the different types of investors we are catering to.  The importance of process; tracking incoming and outgoing money in the best way. How to sign up for the program and get started generating revenue! Tweetables: “Just because someone tells you 'no' right now, doesn't mean they are going to be a 'no' forever.” — Mike DeHaan [0:04:49] “We try not to charge late fees, we try to work with our tenants like they are our customers.” — Dan Austin [0:10:16] “The real keys to success are what you are doing to actually get leads.” — Dan Austin [0:20:11]Connect with us!collectingkeyspodcast.cominstantinvestorprogram.com@mike_invests@investormandan@collectingkeyspodcast

My guest today is implementing the skills he learned in the Army as a member of the elite 75th Ranger Regiment to scale his wholesaling business to 6 figures while maintaining his W-2 job. Dan Austin is the owner of INW Properties, a completely virtual company primarily focused on the acquisition of small multi-family and single-family homes. They wholesale, flip, and BRRRR their own deals and currently hold a portfolio of 25 doors. Today, Dan and I discuss what it means to be ‘elite' and push for the best outcome in business. Dan talks about several pivotal actions he took to find success in real estate investing—from the decisive conversation he had with a co-worker that led to his first two student housing rentals, to the decision he and his partner made to start their own business and find training and mentorship to ensure its success. You'll also learn how Dan built a virtual company, who he has on his team, and the incentivization structure that led to more deal flow. I know you'll enjoy this conversation with Dan. You can find out more about him on Instagram @investormandan, or his podcast “Collecting Keys Podcast". Today's episode is brought to you by Green Property Management, Now offering a $250 Per Unit Project Allowance to New Clients in West Michigan. Text "Green250" to 21000, or visit them on the web at: https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

Most real estate agents spend their time on traditional residential deals, but it's not always the best and highest use of our time. A listing only gives us a commission once, and investing has the potential to give us monthly cash flow, appreciating assets and legacy wealth. What are the 6 strategies investors can tap into to maximize their ROI? How do we decide the best investing strategy for different types of properties? In this episode, I'm joined by investor and host of the podcast Collecting Keys, Mike DeHaan. He talks about his journey from leaving corporate to the investing strategies he's deploying right now.Things You'll Learn In This Episode - How Mike went from unhappy corporate engineer to successful investor What's the one factor that pulls people into the world of real estate investing?- Why home flipping isn't a one-size fits-all strategyIs flipping a house the best and highest use of our time as investors?- The beauty of the BRRRR strategyMany investors acquire a lot of properties but overlook the tax implications. How do we keep our taxes in check? - How to create long-term legacyShould we immediately use our investing income to fund our lifestyles or keep pouring it into getting more properties?Guest Bio- Mike DeHaan is a real estate investor and host of the Collecting Keys Podcast. He started out his career as an electrical engineer wearing a pair of golden handcuffs. Upon realizing he was deeply depressed and that the job, 6-figure salary, and perks that came with it didn't make him happy, Mike walked away from the job with no real plan. After a short bout teaching himself to code and getting a job at a startup, it was clear that wasn't going to work for him either. Mike started researching passive income and found REI. He liquidated his corporate 401k (paying the massive fees and all) and bought his first 2 properties in June 2018. By the end of the year he had bought another property, a duplex, and had caught the REI bug.Today, Mike has hired staff and improved his systems to be able to handle consistently doing 3-5 deals per month. Their business model now is to keep the best properties they find and wholesale/flip the properties they don't want for the long term. As of now he owns 28 doors, and he has completed 48 deals in his 3 years and now generates more passive rental income than he used to make in his 6 figure salary.Listen to the Collecting Keys Podcast wherever you get podcasts and follow Mike on Instagram.https://www.instagram.com/mike_invests/?hl=en