Podcasts about landlording

In this episode of My Life As A Landlord, Jennifer sits down with Derek Speigner, an engineer-turned-real-estate-investor from Houston, Texas, to explore the intersection of property management, financial science, and human connection. Derek shares his journey from buying a $25,000 leaning duplex in Corpus Christi to managing a portfolio of 22 workforce housing assets across Texas. They delve into the philosophy of treating properties as "forever" assets and collateral, rather than just buildings to flip. The conversation also takes a profound turn as Derek recounts a recent humanitarian trip to the high Andes of Peru, reflecting on how experiencing a simpler, yet fulfilling life shifts one's perspective on success and significance. Listeners will walk away with actionable insights on balancing the "debt and equity" equation and the importance of creating resident experiences built on trust and quality.

On this episode of Zen and the Art of Real Estate Investing, Jonathan Greene shares a solo episode focused on the mindful approach to landlording. Drawing from his own experiences managing rental properties alongside his father at a young age, Jonathan explains why successful landlording goes far beyond simply collecting rent. Instead, he emphasizes that long-term success comes from building respectful relationships, properly maintaining properties, and viewing tenants as caretakers of the investment rather than as adversaries. Jonathan breaks down the mindset shifts landlords need to make to create better tenant experiences and stronger long-term property performance. He discusses why choosing the right tenant is one of the most important decisions an investor can make and explains how understanding local demographics, tenant "avatars," and neighborhood dynamics can help landlords attract higher-quality renters. He also shares practical advice on screening tenants, verifying employment, and avoiding costly mistakes driven by desperation or impatience. The episode also explores the importance of communication, curb appeal, and operational systems in creating stable rental properties. Jonathan explains how exterior upkeep, common area maintenance, parking rules, and laundry schedules all contribute to tenant satisfaction and lower turnover. He highlights why landlords should remain approachable and present rather than hiding behind LLCs or management companies, stressing that accountability and accessibility often lead to better tenant relationships and better care for the property itself. Throughout the conversation, Jonathan encourages investors to adopt a more thoughtful and human-centered approach to landlording. From allowing tenants to "have their story" during difficult moments to maintaining firm but fair boundaries, he explains how empathy and professionalism can coexist with the protection of the investment. Ultimately, the episode serves as a practical guide for creating healthier landlord-tenant relationships while maximizing long-term property performance. In this episode, you will hear: • Why tenants should be viewed as caretakers of an investment property • How choosing the right tenant can determine long-term property success • Why landlords should understand local demographics and tenant "avatars" • The importance of curb appeal, common area upkeep, and clear house rules • How communication, responsiveness, and accountability improve tenant relationships • Why landlords should avoid making desperate or rushed tenant decisions • How empathy, boundaries, and professionalism create better long-term outcomes Follow and Review If you enjoy the show, please follow Zen and the Art of Real Estate Investing on Apple Podcasts and leave a rating and review. It helps other listeners discover the show and supports its continued growth. Supporting Resources Connect with Jonathan: Podcast - www.zenandtheartofrealestateinvesting.com Brokerage - www.streamlined.properties  YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/zenrealestateinvesting Instagram-  www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties Instagram - www.instagream.com/zenupstate Zillow - www.zillow.com/profile/trustgreene Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/zenandtheartofrealestateinvesting Jonathan's Hub Site - www.trustgreene.com Email - Jonathan@trustgreene.com This episode was produced by Outlier Audio.

One of the simplest mistakes new landlords make is assuming that the rules for THEIR area are the rules for EVERY area.  This is simply not true, not in the slightest.  Many states, provinces, territories have different codes or acts governing tenancy or providing housing to folks.  In fact, in many places, even more specific cities, counties, regional districts, or parishes require registrations, licensing, periodic inspections or all of the above.  My guest today lives in Auckland, New Zealand, but grew up in Powell River, British Columbia, Canada.  Makayla Edwards-Russell and I compare housing laws between New Zealand and Canada, confirming that you should never assume the housing rules for your area are not the same for every area. 

SEO-Weighted First 150 Characters (verified): Joel Miller shares 48 years of rental property investing lessons — tenant selection, cash flow systems, and building real generational wealth.In this episode of RealDealChat, Jack Hoss sits down with Joel Miller, author of Build Real Estate Wealth: Enjoy the Journey of Rental Property Investment, for a return visit packed with hard-won landlording wisdom.Joel has been investing since 1978, flipped over 100 properties, and now runs a hard money lending operation — all while mentoring the next generation of investors, including his own son, who bought his first rental property a week after high school graduation.This conversation covers:Why tenant selection is the single most important skill in rental property investingThe difference between riches and wealth — and why most investors chase the wrong oneHow to overcome analysis paralysis and actually take action (and follow through)The "green light" signal that tells you you're ready to make your first offerHow to build financial statements that make banks say yesLevers to force cash flow improvement immediately after acquisitionWhy real estate investing doesn't have to replace your career — it can run alongside itWhat Joel's 20-year-old son is already doing that most adults won'tWhether you're still on the sidelines or have a few doors and want to tighten your operation, this episode delivers practical, no-BS frameworks from someone who has done it all — and written it down.

Jim Boad reveals how imperfect action, purpose-driven thinking, and a bold shift into sober living transformed his life, creating powerful cash flow while making a real impact on people who needed it most.See article: https://www.unitedstatesrealestateinvestor.com/from-burnout-to-breakthrough-turning-pain-into-purpose-and-profit-with-jim-boad/(00:00) - Introduction to The REI Agent Podcast and Guest Welcome(01:30) - Jim Boad's 25 Year Real Estate Journey Overview(04:00) - From Fix and Flip to BRRRR and Surviving Market Crashes(06:30) - Discovering Sober Living as a Life Changing Strategy(08:30) - Why Sober Living Combines Purpose and Massive Cash Flow(10:30) - Today's Market Struggles and Creative Investing Strategies(13:00) - COVID Impact on Rentals and Tenant Payment Crisis(15:30) - The Moment That Led to Starting Sober Living Homes(18:00) - Converting Existing Properties into Sober Living Homes(20:00) - Ideal Property Setup and Ethical Operating Standards(22:00) - Staffing Models and Building a Business Instead of a Job(24:00) - Designing Homes for Maximum Function and Flexibility(26:00) - Revenue Model and Cash Flow Breakdown Per Property(28:00) - How Residents Are Sourced Through Treatment Centers(30:00) - Resident Lifecycle and Average Length of Stay(32:00) - Rules, Accountability, and Maintaining a Drug Free Environment(34:00) - Real Stories of Relapse, Recovery, and Support Systems(36:00) - Expanding Impact Through Jobs, Nonprofits, and Opportunities(38:00) - Entrepreneurial Mindset and Building Scalable Businesses(40:00) - Lessons from COVID and the Harsh Reality of Landlording(42:00) - Legal Challenges, Tenant Issues, and Financial Risks(44:00) - Golden Nugget: The Power of Imperfect Action(45:30) - Recommended Books and Business Mindset Shifts(46:30) - Where to Find Jim Boad and Final Thoughts(47:00) - Closing Remarks and Podcast OutroContact Jim Boadhttps://grouphomeaccelerator.com/https://www.facebook.com/profile.php?id=61567072777563https://www.linkedin.com/in/jim-boad-aba962b5/If you take one thing from Jim's journey, let it be this: you do not need the perfect plan, you need the first step, because the life you want is waiting on the action you keep delaying, so start today and visit https://reiagent.comIs success destroying your peace? Most pros grind until they break. Download The Investor's Life Balance Sheet: A Holistic Wealth Audit to see if you are building a legacy or heading for burnout. Presented by The REI Agent Podcast & United States Real Estate Investor® https://sendfox.com/lp/m4jrl

Hear how real estate investors can transition out of active landlording while staying invested in the asset class.  Keith speaks with Ari Rubin, founder of Flock Homes, about using a 721 Exchange to move from directly owned rental properties into a professionally managed partnership structure.  They discuss why exit planning is essential, how this strategy can defer taxes, reduce hands-on management, and provide diversified, passive income and appreciation potential for long-time landlords and portfolio builders alike. Resources: To see whether a 721 Exchange could work for your rentals, request a free property evaluation at flockhomes.com/gre Episode Page: GetRichEducation.com/598 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text  1-937-795-8989 to speak with a freedom coach Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review"  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com  Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Keith Weinhold  0:01   Welcome to GRE I'm your host. Keith Weinhold, when it's time for you to sell your rental property, there's a vehicle you may not have heard of that allows you to exchange it into a partnership. This makes it hands off for you. Defers your capital gains tax and depreciation recapture, while you still can enjoy appreciation and cash flow. It's the exit strategy that helps you retire from landlording, known as the 721 exchange today on get rich education,   Corey Coates  0:34   since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors and delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show guests include top selling personal finance author Robert Kiyosaki, get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast, sign up now for the get rich education podcast or visit get rich education.com   Keith Weinhold  1:17   the same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your prequel and even chat with President chailey Ridge personally, while it's on your mind, start at Ridge lending group.com, that's Ridge lending group.com,   Speaker 1  1:51   you're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  2:07   Welcome to GRE I'm your host. Keith Weinhold, the voice of real estate investing since 2014 today's show should help a lot of people as you grow your real estate portfolio over time. You add to it and you multiply it. You do that by using more of your own money and more of other people's money and more of your equity from one property to buy another property. But we've all got to begin with the end in mind, today's show is about your exit strategy, how to sell your property, whether it's selling all of them or some of them, and you're doing that in both a tax efficient way and a management efficient way, because it's about how to exchange them into a partnership. Still get financial upside for appreciation and cash flow, but yet you achieve about as much passivity as what you would have with a Schwab or say, Vanguard mutual fund. Now, back when GRE began, over 11 years ago, we wouldn't have done a show like this because most new listeners were in acquisition mode learning about the GRE way, and that might still be true, but today, we've got both new listeners and longtime listeners that have engaged with GRE investment coaches and learned from listening to each weekly episode, and have built their portfolios and have turned get rich education into got rich education. Congratulations. A lot of you have now achieved financial freedom, and you're looking for an eventual exit. Now, even if you own dozens of rental properties like I do, you don't feel much management strain most of the time, because also, like I do, you outsource to property managers, but some of you self manage, and you can then achieve real relief when you exit before we bring in our expert guest and discuss The 721 exchange. Hey, you've seen me write about the Iran war in our newsletter, and you've seen me discussing it on YouTube. The short story is that war is really expensive, war is inflationary, and war in Iran could very well be setting us up for another inflationary wave like we had from 2021 to 2023 I'm probably going to talk more about it next week, if the war is still ongoing, and what it means to real estate investors. Also a lot of great episodes coming up here at GRE including the show debut. Two of Redfin chief economist Darrell fairweather PhD, who will be here with us soon as for this week, let's learn about an efficient real estate exit strategy.   Keith Weinhold  5:17   This week's guest is someone that is going to help a lot of you, so I've really anticipated having him on educated at Harvard and Stanford. He went on to become a somewhat conventional investment manager, until he was motivated by his parents experience as Chicago landlords to launch another venture in 2021 which you'll learn about today. Welcome to GRE Ari Rubin   Ari Rubin  5:42   Keith, thank you so much for having me on the show today, and to all your listeners out there. It's great to meet all of you, and thanks for listening in today.    Keith Weinhold  5:49   Yeah, Rubin is spelled r, u, B, I N, yeah, I understand you've heard from some of our listeners   Speaker 2  5:55    exactly, I actually heard about your podcast and your show from a number of our clients will go more into the problem that we're solving and the types of landlords that we work with, but some of them have been listening you to you for a long time. Some of them got motivated to get into real estate because of your show. So yeah, really excited to be here chatting with you today.   Keith Weinhold  6:17   Well, thanks so much. Basically, what you do is you help people retire from landlording, but not real estate. We'll get more into that later. But a lot of times when investors have been in the direct real estate investing game for a while, they begin to feel like they've got their dollars trapped in this real estate game. And it can be easy to argue there's no other place you'd rather have it, but tell us more about that trapped feeling with managing rental properties.   Speaker 2  6:45   Yeah, So Keith, maybe just to start out, I want to just talk about the problem that we're solving at flock. So as everyone knows, and there's a lot of resources out there, real estate is a great place, a great way to build wealth, and it's a lot of work, and it takes a lot of effort and a lot of skill and a lot of time, but we find that not enough folks think about, once you get in, how do you exit? And just for those on the show who are listening, who aren't even in real estate yet, or maybe they're just a couple of years into real estate, you always want to think about your exit, and at a certain point, once you've owned real estate for five years, 10 years, 30 years, at some point in your life, you're going to want to exit, and that's because, at the end of the day, managing and owning Real Estate takes work. You can hire a property manager, but you still have to manage even the best property manager doesn't really solve all the problems of being a landlord. For example, if you have an eviction, you still have to pay for that. If you have a massive capital improvement, roofs to replace, HVACs to do, you're still on the hook for that. Ultimately, you're liable when you own real estate, right? You could be sued. You have a feeling, and you should be responsible for your residence and for the homes. So at the end of the day, at a certain point, every single person in this world will get to the point where they're like, I'm done owning real estate. I want to retire. I want true peace of mind. But the problem with that is, when you're ready to exit, you got to sell. That's really the only way out. Maybe you're fortunate enough to have some kids who want to take over the business or the properties, but you know, if you're like a lot of clients that we work with, your kids, maybe they're on to bigger and better things. They've moved across the country. Or, you know, this generation doesn't fix things like the last one did, right? And so unless you have kids who are really, really ready to step up and be super hands on, you don't have an exit and selling, of course, triggers a huge tax liability. So when you sell real estate, you not only have to maybe kick out your tenants and stage the house and pay all the frictions and all the fees, the biggest thing is you have to pay capital gains and depreciation or capture taxes. And we'll come back into what all that means and all how that looks like. So in summary, when you sell real estate and you've owned for a long time, you could be faced with losing upwards of 30% of your equity, which is a lot of money. That's a big chunk of your nest egg, of your net worth. You also you love real estate, you've done really, really well with real estate. So at flock, we've built the retirement solution for landlords, and we'll go more into how this all works, but essentially, we help people with the most cost efficient, seamless exit strategy by exchanging their equity for shares. In our larger fund. So that's just very quickly, the problem that we're solving and some of the clients, the problem that we work with   Keith Weinhold  10:08   this is important. I'm a longtime real estate investor. I have not self managed in many years, but I basically asset manage my managers oftentimes reading their monthly statements, replying to emails about various things, but yeah, there is some day in which I probably wish to not have to do that anymore, and indeed, selling it all would incur a steep capital gains tax. Now what I've done is I've done cash out refinances and 1031 exchanges along the way to continue to defer any tax obligation that I have. But of course, when I do a 1031, exchange, I grow my portfolio, and there's more to manage,   Speaker 2  10:50   exactly. So you know, you just laid out two excellent options out there for ways to sort of consolidate, or, you could say, even better, leverage your equity in real estate. You can do a cash out refi, and that's of course, where you pull cash out of the properties so you're more liquid, or you buy more real estate, or you can do something called a 1031 exchange. And Keith, I'm sure a lot of your listeners out there know what a 1031 exchange is, but just for everyone listening in in or in case folks are less familiar, a 1031 exchange is essentially a real estate loophole. It used to apply to artwork and airplanes and a lot of other stuff. Now it's just real estate, and it's a part of the tax code that says you can sell your real estate, and if you follow this process within a certain timeframe, and then use what's called a Qualified Intermediary, you can roll those proceeds forward and buy new real estate and defer that tax liability into the future. Now the benefit to that is you just achieve tax deferral, but as you said, you still own real estate, and so for a lot of younger investors out there, a 1031 exchange is a really effective way to continue to grow their portfolio, or be more thoughtful about their approach. But for longer time real estate investors, a 1031 exchange doesn't really solve your problem. You still own real estate, you're still liable for tenants, for toilets, for trash, right? And so if you're trying to really retire from being a landlord, a 1031 exchange doesn't really do that. And of course, a cash out refi, all that does is just take on more debt and more risk and more liability. Great option if you're young and you're still trying to grow when we hear from a lot of clients, maybe not the best option in the second half of your life as you're really trying to focus on wealth preservation.   Keith Weinhold  12:51   Yes, a lot of our listeners are indeed familiar with the 1031, tax deferred exchange. You're typically trading up and deferring your tax on the way. And that trading up, it really just gets you even more into real estate investing, because with almost every 1031 exchange, you're going to own more doors than when you began the process. However, a lot of people aren't as familiar with the 721 exchange. Why are people less familiar with it? Ari   Speaker 2  13:21   great question, Keith, and you're right, less people are familiar with it. So in plain English, the 721 exchange, it's also part of the tax code. It's not a real estate loophole. It actually applies to equities or many other asset classes. And in plain English, what it says is, Keith, you own, let's say a million dollars worth of assets you can exchange. You can contribute those assets into a partnership and receive back a million dollars worth of shares or units of the partnership. And in doing so, it's a tax deferred exchange. There are some nuances that you have to be mindful of, just like in a 1031 exchange in terms of boots and cash out refis, but as a general rule, it's a lot more flexible and a lot more seamless than a 1031 exchange. And so again, Keith, you sell, you exchange, you contribute your properties into a fund or into a partnership using the 721 exchange. You now own shares of that partnership. You get all the returns and cash flow and ongoing tax benefits from owning shares in the partnership. To your question, why do less people know about the 721 exchange? It's very common in large commercial real estate, big real estate investment trusts have been using the 721 exchange for decades. The problem with it is it's really complicated to do. So these transactions are quite laborious. There's lots of paperwork. Historically, you would need an army of lawyers and accountants and tax professionals just to consummate one of these things. Surely, if you had a $500 million apartment building or office complex, you would be familiar with this. But until now, no one had really built this for the little guy. And I'm putting that in quotes, right? Because, you know, if you own 10 single family rental homes, 50 single family rental homes, even one single family rental home, you could have hundreds of 1000s of dollars, millions of dollars of equity. You're not such a little guy or gal, right? But these are the moms and pops who own the vast majority of real estate in this country. And so our idea at floc was to go out and, for lack of a better term, democratize access, to give access to this really powerful wealth preservation tool, the 721 exchange, a mechanism that's been used by ultra high net worth families and big institutional investors and big Wall Street firms for decades, and really enable it to the masses out there, To the millions and millions of hardworking Americans who have built up these properties, these portfolios, for decades.   Keith Weinhold  16:27   I've got to say I had heard of the 721 exchange quite a long time ago, but it wasn't until last year that I became more familiar with it, and more familiar with what you do, and realizing that this could help an awful lot of people. You're listening to get rich education. We're talking with flock homes founder, Ari Rubin, about the 721 exchange, how it works and how it might be able to help you more when we come back, I'm your host. Keith Weinhold,    Keith Weinhold  16:53   let me throw out a simple idea, sometimes doing nothing with your money is actually a decision. Leaving it parked. Might feel safe, but over time, purchasing power changes. So the conversation isn't about chasing returns, it's about intentionally placing money somewhere. Freedom. Family investments works in real estate people use every day, housing, senior communities, essential properties, things tied to living and not trends. Their freedom notes offering is built for accredited investors looking for structured income backed by real assets, not speculation. I am an investor with them myself. The Freedom team makes themselves available to walk through their approach, structure and operating philosophy so you can ask questions and determine alignment before moving forward, while past performance doesn't guarantee future results, their historical operating philosophy has yielded 100% investor payouts backed by over 20 years of experience. If you want clarity before making any moves. Book, a clarity call at Freedom family investments.com or text family to 66 866, text the word family to 66866   Keith Weinhold  18:15   flock homes helps you retire from real estate and landlording, whether it's one problem, property or your whole portfolio, through a 721 exchange, deferring your capital gains, tax and depreciation recapture. It's a strategy long used by the ultra wealthy. Now Mom and Pop landlords can 721 the residential real estate request your initial valuation. See if your properties qualify@flockhomes.com slash GRE. That's f, l, O, C, K, homes.com/g R, E.   Todd Drowlette  18:54   This is the star of the A and E show the real estate commission. Todd rollette. Listen to get rich education with my friend, Keith Weinhold, and don't quit your Daydream. Welcome   Keith Weinhold  19:04   back to get rich Education. I'm your host, Keith Weinhold, here on episode 598 we're talking with flock homes founder, Ari Rubin, where they help real estate investors retire from landlording, but not so much real estate with a 721, exchange is something that can be used for retiring landlords along with active landlords if they're just looking to offload one or two properties to exchange into this partnership that we've been talking about. And Ari on your website. It was interesting. I watched the video of you and a woman where you somewhat had to convince the woman to start this fund that did not have any properties in it yet, which is really interesting. And before we're done, we'll talk about. How many properties you have in the portfolio and how many investors you have, but this is something that an investor can exchange their properties into, and yet they still receive the financial upside of both cash flow and appreciation. So tell us more about that    Speaker 2  20:16   exactly. So I'll just quickly explain how it all works. And I do want to also touch on our first client ever, our first landlord ever. Surely, everyone has their story of how they got started in real estate. But you know, for us, at the end of the day, it's a people business. You know, our clients are the millions and millions of mom and pop landlords out there. Shirley was a single mom, Navy vet physician, had this home that she used to live in. She knew she should be building wealth through real estate, so she held on to the property. It was the middle of covid. She had a long term tenant. The tenant moved out, and she didn't know what to do, and she got mailers every single day on, you know, oh, we'll buy ugly houses and we'll buy this thing, but she didn't want to sell because she knew she didn't want to sell. She wasn't a distressed seller, right? And when she sold, of course, she would be triggering taxes, and she knew real estate was a great asset class to be in, and she didn't want to give up all of that upside. So Shirley was our first client, and she still is with us today, very near and dear to our hearts. And yeah, you should check out the video online. It's an amazing story, and we have many, many stories like that, of families that we've worked with. So Keith, to your question of how it all works, exactly. So Keith or Shirley or Mom and Pop will sell their property. They'll exchange their property for the equivalent value of shares in our fund. So let's say it's a $300,000 house and there's no mortgage on it. We do take properties with a little bit of debt, but let's just say, for easy numbers, you sell the property and you now have $300,000 worth of shares in our fund. So first and foremost, you're no longer responsible or liable for the property. You don't own it anymore. You don't manage it anymore. The tenants, of course, the residents get to stay in the home. It is now one rental property of the many inside of our portfolio that the flock team manages. We collect the rent, we do all the renovations, we hold back for expenses, right? And you are now a fully passive shareholder in this larger partnership. So what does that mean for you? First and foremost, you did not trigger taxes on day one. You get to defer those taxes, just like you would in a 1031, exchange. And of course, you can hold on to it, pass it on to your heirs, who still get the step up in basis. Great. In addition to that, what does this mean that you own shares in this real estate? Well, you're going to get all the returns from the real estate just like you would with your own real estate. So what are the two things that drive returns? The first thing is your paper gains, right? Your equity appreciation. The market goes up in value. Our properties go up in value. You receive appreciation to your equity, to your account. By the way, sometimes markets go down in value. Real Estate doesn't just go up, right? And of course, as that happens as well, your equity account will go down as well. But we believe that over the long term, and if you look back at historical kind of performance of the real estate market, we really believe in single family as an asset class. So that's the first thing that drives your returns. It's the appreciation of the properties. And then, of course, the second thing is the net income. It's the rents that we collect from the properties, less the expenses, property tax, insurance, right, maintenance, vacancy, reserves, all of the regular expenses that you have. We also have, as a large institutional real estate owner, and so those two things together, one, the appreciation, as well as two, the net income drive your total returns from the flock vehicle. You could take cash flow from your investment just like you would from your real estate. We pay that out quarterly. It's never been late. We've been operating since 2021 you know, we have a lot of clients who leave their cash flow in to reinvest it and kind of increase their basis. We have a lot of clients who live on their cash flow like they would Social Security or a pension or something like that, just like they did in their real estate portfolio.   Keith Weinhold  24:44   Now, people sometimes get sentimental about their own home, less sentimental about the rental properties, but if you have any attachment to it, effectively, when you exchange it into this fund, you're still helping get some return from your own. Own properties that you contributed into the fund there, but you're going to be more diversified effectively nationally with the real estate market then   Speaker 2  25:08    exactly. And Keith, you bring up a really great point, which is a lot of our clients and a lot of real estate investors, they're sentimental about their real estate investments, like these are houses that they used to live in, or they built, or they've had the same residents in place for 515, 25, years. I mean, we've literally seen people who have had the same residents in place for a very, very long time, and they have that sentimental attachment. And our clients see one of the benefits to joining flock is they're joining together with other like minded owners to leverage the benefits of scale. They still own that house, but they own it with a bunch of other you know, we now have 1100 homes. We'll soon hit 1500 homes, right? They have some connection to that house, but they're much larger, which means better margins. They're much more diversified. So if, God forbid, something happens that one individual property, their risk is spread out. And of course, you know, they're more passive. They're no longer liable, so on and so forth. So a lot of people really like flock because of that sort of sentimental attachment they have to their real estate. By the way, we also have a lot of people who bought their turnkey providers, or they're just, you know, a business guy or a business gal, and they don't care at all, and they're just like, I don't even know the addresses on these things. Just take this and move on. So we've met and interacted with lots of different types of landlords over the years,   Keith Weinhold  26:43   I'm a turnkey real estate investor. I have not seen most of my properties in person, so there's certainly no sentimental attachment to them. But let's talk more about how it practically works and feels for that investor that say they want to sell three rental, single family homes that total $1 million in value, whether that's their entire portfolio or those three properties are just part of it, would flack do an inspection and then handle the renovations and make an offer   Ari Rubin  27:12   exactly so before I walk you through the process, I want to also just lay out what our incentives Are. We're very different than most real estate buyers. We're not trying to flip houses. We're not a flipper. That's not our business model. That's not how we make money. Our goal is not to buy your houses. You know, in the example, you said three houses worth about a million dollars. Our goal is not to buy them for 900 and flip them and make a quick buck, right? Our goal is to solve this problem for you, to bring you into flock as a client, to of course, then provide you with good financial returns, which means providing the resident with good service, bringing the home up to our standards, hardening the asset and making sure it's a great place to live, and it performs as underwritten. And so what all that means is upfront, we'll give you an initial valuation based on public data, other proprietary data that we have. We'll ask you a couple of questions about the house, and then before we close, we do inspect the property, and after the inspection, our final valuation will either go down in value, if not everything was represented, as you said, or it'll go up in value after inspection, our goal is 50% of the time to increase the value. Okay, which in real estate is kind of a weird concept, because which buyer wants to pay more money? Well, our goal is not to buy low from you, it's to create a fair system for all the clients that have put their properties into flock, right? So we'll then come up with a final valuation. Let's just say, like in your example, a million dollars for those three properties. We then sign what's called a contribution agreement. And by the way, during that period, you're doing due diligence on us. You're getting to know our team. You know people are entrusting us with a lot of money, their real estate, that they've worked, that they know. They know these residents, they know the every corner of that house. So we need to due diligence your real estate, you need to due diligence us, our team, our processes, our systems, our track record, the types of homes that we own. We'll show you every home that we own. We'll walk you through our financials. We get audit. We use a third party fund administrator. We get audited by KPMG every year to make sure our valuations, we use best in class service providers. You'll go through all this information. We do the same. That process typically takes about three to six weeks, and then you come to a decision, Hey, I like flock. I want to move forward. We come to a decision. We like that home. We want to bring it into our fund. It meets our threshold. It's going to be a good investment for all of our investors, all of our clients, in flock. And then we would move forward together that whole process about four to six weeks, and then closing takes about 15 days or so.   Keith Weinhold  30:17   Okay, yeah, it's really important that you offer that renovation and that you take care of that there, I was relieved when I found that out, because really, that's the problem that you're looking to solve to get landlords out of that entire process. And they sure don't want to have to manage another wave of that during their exchange into the fund, and yeah, they want it to be hands off and mostly passive, and therefore have their homes in their flock fund be just about as passive as managing a mutual fund would   Ari Rubin  30:47   be exactly. And that's how we want our clients to think about it. You know, we've seen some folks try to do the renovations on their own. You can do it. We never recommend it, and oftentimes it's more work and more hassle than it's really worth another big thing is, if there's a resident in place, number one for you, kicking out a resident is not a nice thing to do. It's also a drag on your financials. That's several months of no income, right? That you could be earning income, whether it's through flock or elsewhere, and you have expenses, you have insurance, your property taxes during that period. So yeah, we'll take on the whole renovation if required. It's worth adding, by the way, we don't take every property we walk away from, way more properties than we accept. Yeah, you have the buy box. We have a Buy Box, which I'll tell you guys more about. But in addition to having a Buy Box, if a property requires extensive foundation issues or extensive renovations. That's beyond our scope, really, if there's a lot of uncertainty in it, we don't want to be subjecting all of our existing clients to that risk. You know, our view is we never compromise on price, on quality, on risk, and so we don't touch, you know, really messy, really hairy stuff, but we aren't afraid of, you know, rolling up our sleeves, and we'll typically do renovations up to 30% of the value of the home. So we do do a lot of value add work. Some of that is on day one. If it's health and safety and the resident needs certain things, we'll do that on day one. Other things are more value add once the resident decides to leave at some point in the future.   Keith Weinhold  32:23   Well, I'm so glad you brought up earlier about taking care of the tenant, because one of our core missions here at GRE is to do good in the world, provide housing that's clean, safe, affordable and functional. So when it comes to the ongoing property management, I imagine that plays into your Buy Box, where you're only going to have property managers in so many markets, exactly.   Speaker 2  32:45   So we're in about 20 markets around the country. It's kind of a combination of higher yielding markets. These are more like Midwestern markets, Ohio, Michigan, where Memphis, where Baton Rouge. We're also in what I would call more like growth markets, certain markets in Texas where you see really strong net migration right yields are a little bit lower there Denver is similarly as a market where you see a little bit lower yields, but still really positive job growth and economic tailwinds to those markets. We're in about 20 markets. We're open to opening new markets if there's a right kind of partnership and a right strategic portfolio or acquisition or client there. But yeah, we don't take every home, you know. We don't do short term rentals. We really just focus on our bread and butter. What we know how to do, which is one to four unit long term rental properties.    Keith Weinhold  33:39   Well, tell us more about that Buy Box.   Ari Rubin  33:43   So typically, again, we're in about 20 markets or so, also looking to expand. We take single family homes, duplexes, triplexes and fourplexes. We'll look at some condos, but as you know, some HOAs are a little bit too restrictive, and so we just try to stay away from that uncertainty, and then we have a certain yield profile and sort of price range that we're looking to hit. So in every market that differs, in Denver, we wouldn't take over. I think it's a $650,000 home, because once you start getting into the higher which in Denver is actually the median home price is a lot higher in Denver than the national average. Right? In other markets, our average price point, we're in Raleigh and around Raleigh, our average price point in Raleigh is much lower than that. So I'd say on average, our average price point per unit or per door is about $220,000 but yeah, one to four units, we unfortunately don't take pools. Yeah, we don't take properties with pools because of some insurance risks, although we have worked with some owners to bury pools, and it needs to be in a market, just lastly, where we can price it. So if it's a, you know, we're in Denver. That was where we started the business. That's where our headquarters is. You know, if there's a property an hour and two. 20 minutes outside of Denver, kind of in the middle of nowhere on four acres with it's just hard to price that. And so even if we can operate it, we need to make sure we can price it both upfront and then on an ongoing basis. So that's a little bit more about our Buy Box. But if you want to learn more, if you have a larger portfolio, of course, reach out to us. Well, you probably mentioned this, Keith, but it's flatcombs.com/gre, and we'll take a look at your property or your portfolio.   Keith Weinhold  35:29   This can help you retire from landlording, but not real estate. Make it completely hands off for you, but still get financial upside in the form of cash flow and appreciation while getting that tax deferral. And you can effectively make this tax free if these shares are inherited by your heirs with that step up in basis. And you can avoid the capital gains tax, which is typically 15 to 20% depending on your income. And if you have a high income, there's a net investment income tax of 3.8% on top of that, you also had the depreciation recapture to repay if you just sell your property out on the open market, but a 721 exchange prevents you from having to pay for any of that. So you're really solving a terrific problem for people here, Ari and just a great exit strategy for those that want to retire from real estate investing or maybe just sell a smaller portion some problem properties. You have any last thoughts overall about the 721 exchange and how you're helping people with their exit strategy?   Ari Rubin  36:36   Ari, this is like the best kept secret in real estate at the 721 exchange, we're now expanding it to multifamily. Eventually, we want to be doing this for every real estate asset class. I've heard of folks doing this for self storage. One day, we want to do this for gas stations, for small hotels. And really do this across all real estate asset classes. We think the one to four unit space is the most exciting, by far, the largest opportunity, and also the biggest opportunity to really create value for communities and for residents, which is something we're really, really passionate about. And so yeah, I would love to hear from you all. And Keith, thanks again for having me on today. This has been a great show, and I'm a big fan of your listeners and everything you guys are doing here.   Keith Weinhold  37:21   Any savvy investor has to begin with, the end in mind, Ari had a convenient landing page put up to welcome a GRE, listeners again at flockhomes.com/gre this has been valuable, Ari. It's been great having you here.    Ari Rubin  37:36   Keith. Thank you so much. You   Keith Weinhold  37:44   Oh, this has been really informative from Ari Rubin today on an efficient exit strategy that a lot of real estate investors don't know much about, retiring from landlording and yet not retiring from real estate, you're staying in the game, and yet, what you're doing is trading away active management in order to get passive ownership. And it makes sense that they make it hands off and kind of a turnkey exit experience for you. They're not using that term, but I am. If you're looking to retire, you sure don't want to be the one that has to first jump more hurdles at the end and handle an inspection punch list and coordinate with contractors, so they're helping a lot of people, and they seem to be on a good trajectory for success. You know, really, as you're still building your portfolio while you're still in acquisition mode, it's kind of comforting to know that this is out there is an option. It kind of motivates you to want to build your portfolio more now that you know about other options at the end, even if a 721, exchange, time is decades away for you, I don't know if you caught that, they have 1100 homes in their portfolio. Now, as you see over on that landing page that I mentioned, they even simplify your tax filing. You just receive one consolidated annual tax packet prepared by KPMG. If you think it's interesting to you or you just want to learn more about the 721 exchange or get a free evaluation, you can do that again by starting@flockhomes.com slash GRE that's F, l, O, C, K, homes.com/g R, E, until next week, I'm your host. Keith Weinhold, don't quit your Daydream.   Speaker 3  39:39   Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively.   Keith Weinhold  39:58   The preceding program was brought to you by y  

The Denver multifamily market just absorbed 9,400 units – about 20% higher than the annual average – while supply continues burning off through 2026. This massive supply wave is creating opportunities for Denver real estate investing 2026 strategies that most investors are missing. Chris Lopez and Richard McGirr, co-founders of Property Llama, break down their 2025 shareholder meeting covering Colorado market divergence, investment strategy shifts, and the company’s evolution into diversified debt fund platforms. With hundreds of Colorado investors served, they reveal what’s working (and what’s not) for Denver real estate investing 2026 and beyond. Market Reality: Single family homes are holding steady with slight declines expected, condos are down 10-20% in recent transactions, and multifamily is trading at 2017 prices with 9 cap returns. Denver ranks in the top 5 hardest-hit metros for rent cuts, with Class A properties offering 3-4 months of concessions that push downward pressure on all rental classes. The supply wave is longer than anticipated, but occupancy is finally trending upward through Q2 2025 data. Cash Flow Strategies for Denver Real Estate Investing 2026: The traditional playbook has fundamentally changed. A room-by-room rental strategy can increase cash flow from $12K to $48K annually on the same property, while selling a rental and investing in 21% debt funds can generate $70K annual income from a property that previously cash flowed $15K. Private lending has emerged as the dominant strategy for Colorado investors seeking 3-4X cash flow increases without tenant management. In This Episode We Cover: Why Denver condos are dropping 10-20% while single family homes hold steady (and what 2026 predictions look like) How the multifamily supply wave created 9 cap opportunities that institutions are now buying The room-by-room rental model that quadruples cash flow (and why most investors won’t do it) Why 1031 exchanges that worked in 2018 now only marginally increase cash flow in 2024 Private lending returns of 12-21% compared to traditional rental property cash flow The active to passive shift happening nationwide (and why single family landlording is ending) How Property Llama found product market fit by focusing exclusively on income funds PL Dynamo 2 fund closure at 99 investor limit and what’s launching Q1 2026 The diversified income fund model with distressed notes, Canadian lending, and commercial opportunities This presentation provides clarity for Denver real estate investing 2026 strategy – whether you’re considering portfolio rebalancing, exploring debt fund diversification, or timing multifamily market entry. Chris and Richard share real client examples, personal portfolio moves (Chris is shifting from 85/15 equity/debt to 50/50), and the due diligence process for upcoming fund launches. Timestamps 00:00 – Welcome & Introduction to Property Llama’s 2025 Event 01:55 – Colorado Single Family vs Condo Market Divergence – Denver Real Estate 2026 Price Trends 02:48 – Colorado Springs Real Estate Trends – Following Denver’s 1-3 Year Lag Pattern 03:55 – Denver Multifamily Supply Wave – Front Range Investment Opportunities Among Crisis 07:14 – Rent Concessions Reality – How Class A Properties Manipulate Colorado Rental Market Data 08:18 – 2026 Market Predictions – Audience Poll on Denver Condo Market Decline & Pricing 13:58 – Room by Room Rental Strategy – 4X Denver Cash Flow Properties Using Co-Living 16:21 – 1031 Exchange Alternatives – Reality Check Comparing 2018 to 2024 Deals 18:00 – Private Lending Real Estate Boom – Active to Passive Investing Shift from Equity to Debt Funds 21:25 – Active to Passive Investing Trend – The End of the Single Family Landlord Era 24:35 – Product Market Fit Journey – How Property Llama Found Focus on Debt Fund Investing Colorado 28:34 – Value-Added Capital Model – Real Estate Portfolio Rebalancing for Debt Funds 31:57 – PL Dynamo 2 Fund Closure – Hitting 99 Investor Limit & Denver Real Estate Investing 2026 Plans 38:00 – Diversified Income Fund Launch – Building Beyond Single Anchor Strategy for Colorado Multifamily Investing Connect with our Hosts Chris Lopez: chris@propertyllama.com Richard McGirr: richard@propertyllama.com Links in Podcast Sign up for the 2026 Portfolio Analysis Mastermind

This is Part 1 of our deep dive with Jay Kathol and Ashley Wells, and it's a masterclass in what really happens behind the scenes of bigger real estate deals. Jay and Ashley walk through the highs and gut-punch lows of taking on a 40-unit multifamily, why their due diligence grade was a hard “C-minus,” and what they'd do differently before ever touching another boiler building again.They talk legacy properties, inheriting a deal from family, and why sometimes singles and doubles beat swinging for home runs. You'll hear how they started navigating bad tenants, contractor issues, surprise capital expenses, and a property with a rough reputation—plus how creative financing and buying the LLC instead of just the asset set the stage for what comes next in Part 2.If you're thinking about scaling into bigger multifamily or commercial, start with this episode so you don't learn these early lessons the hard (and expensive) way.

If you study some of the sports greats, like Michael Jordan and Kobe Bryant, Steph Curry, they all say the same thing:  do the basics very VERY well.  Do them in your sleep.  But how?  Where do you start?  Recently I saw a YouTube that reviewed an experts' library, his actual booklist, and he went through each book.  Wow.  The basics.  So that's what we're doing today.  From Napoleon Hill's “Think & Grow Rich” to Jeffrey Taylor's “The Landlord's Kit”, and the 12 or so books in between, sitting on my desk at my Maui office.  

Erin Spradlin and James Carlson tackle Trump's 50-year mortgage proposal with real numbers, then discuss whether "ethical landlording" is an oxymoron.

So many new landlords make mistakes that they don't even realize they are making.  They don't have a lease, they don't know fair housing laws or maybe they discriminate in their ads.  YIKES.  This can end up in a lawsuit that may find the landlord in the wrong.  Joining me today is Florida attorney Tim Baldwin, who focuses on landlord and tenant cases.  He and I discuss the importance of having a comprehensive written lease, how to approach cameras at a rental property, and much MUCH more!  

In this episode of REIA Radio, hosts Ted Kaasch and Owen Dashner sit down with David Pickron—real estate investor, licensed private investigator, and CEO of Rent Perfect—to talk about the side of real estate most landlords don't like to discuss: evictions, screening tenants, and the tough lessons that come with managing rentals.David shares his journey from serving eviction notices in college to building one of the nation's top investigative screening companies. He reveals what most landlords get wrong about background checks, how to legally and fairly screen applicants, and why your rental criteria might be the most powerful document in your business.This episode is equal parts education, tough love, and humor—packed with strategies to help every landlord level up their game and protect their portfolio.

In this episode of REIA Radio, hosts Ted Kaasch and Owen Dashner sit down with David Pickron—real estate investor, licensed private investigator, and CEO of Rent Perfect—to talk about the side of real estate most landlords don't like to discuss: evictions, screening tenants, and the tough lessons that come with managing rentals.David shares his journey from serving eviction notices in college to building one of the nation's top investigative screening companies. He reveals what most landlords get wrong about background checks, how to legally and fairly screen applicants, and why your rental criteria might be the most powerful document in your business.This episode is equal parts education, tough love, and humor—packed with strategies to help every landlord level up their game and protect their portfolio.

In this conversation, MJ Mott shares his journey from wholesaling to becoming a property manager and entrepreneur. He discusses the importance of teamwork, networking, and adaptability in the real estate industry. MJ also talks about his unique acquisition of a cemetery and how he diversified his business to protect against market fluctuations. He emphasizes the value of helping others and building relationships in business.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

In this conversation, Thaddeus Campbell emphasizes the importance of networking and learning from experienced individuals in the self-storage industry. He shares insights on the complexities of self-storage investments and the value of starting small while gaining knowledge from established professionals.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

Lazy Landlording: The Simple System for Managing Rentals Without the Headaches Erin Spradlin and James Carlson explore "lazy landlording"—smart systems that make property management effortless using one metric: your daily rate.

Keith discusses the pros and cons of being a hands-on landlord versus hiring a property manager.  Self-management offers cost savings, quality control, and better tenant relationships but can be challenging due to tenant and contractor management.  Keep up with inflation and market trends, by using tools like Rent Finder.ai for market analysis.  Dani-Lynn Robison with Freedom Family Investments joins the conversation to highlight their recession-resilient real estate funds offering 8-16% returns, with options for liquidity and growth.  Resources: Visit freedomfamilyinvestments.com/gre to learn more about the investment opportunity or text FAMILY to 66866 to get more information about Freedom Family Investments' liquid investment options. Show Notes: GetRichEducation.com/572 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Keith Weinhold  0:01   welcome to GRE I'm your host. Keith Weinhold, being a hands on landlord versus professional property management. Which one is right for you? How often and how much should you raise the rent? Then learn how, rather than a landlord, to be a landlord and increase your income by becoming a real estate lender. Today on get rich education,   Speaker 1  0:28   since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors, and delivers a new show every week since 2014 there's been millions of listener downloads in 188 world nations. He has a list show guests and key top selling personal finance author Robert Kiyosaki, get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast, or visit get rich education.com   Corey Coates  1:13   You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Speaker 2  1:30   Welcome to GRE from Charleston, South Carolina to Charleston, West Virginia and across 188 nations worldwide. I'm Keith Weinhold, and you're listening to get rich education before we talk about, should you be your own landlord or not, and how often do you raise the rent? Let's get more personal. I want to get introspective with you with three questions, do you focus more on what you have or on what's missing? Yeah, and not just as an investor, but in your overall life. Do you focus more on what you have or on what's missing? As for me, it's what's missing, and that might be a shame. I'm definitely grateful for what I have, but probably not grateful enough if you also focus more on what's missing from your life rather than what you have. Maybe you need to be more grateful for what you've got too. But those like me that focus more on what's missing are often accomplishment driven people always trying striving for more. The second question is, do you focus more on your past, present or future. Now we all focus on all three, but which one do you focus on the most? For me, it's the present and then the future after that. The third question that you can ask yourself to learn more about yourself is, do you focus more on what's in your control or out of your control, I focus more on what's in my control. So there you go. Certain combinations of those questions can tell you a lot about yourself. For example, if you answered that, you're most focused on your future and what's out of your control, you could be setting yourself up for some sleepless nights. Oh, gosh, did I lock the car door or really, it's more like, Geez, how is that meeting really going to go tomorrow? I do some of that too fretting too much about the future for things outside your control that won't change your future one bit, but yet, ostensibly, that steals your peace of mind in the present. And I don't know who to attribute those questions to. Who originated them, but I heard Tony Robbins talking about them, and that helps you figure yourself out for some of what we're talking about here on today's show. I want to start off real basically here most first time real estate investors, they find themselves diving into the world of property management with zero experience and tons of uncertainty. You don't have to put management experience on a resume before you hire yourself to manage your own property. Self managing a rental property, it can be daunting in the beginning, but it also offers you some real benefits, like greater control and cost savings and some hands on learning. But self management comes with its own set of challenges, like tenant management and handling maintenance issues, so let's weigh some of those pros and cons of self landlording versus outsourcing it to a professional manager, there are about four key advantages to self managing. I think that most obvious one is the cost savings, because property management companies typically charge eight to 10% of the monthly. Rent amount for their services, along with an additional fee for placing a tenant or renewing a lease, and maybe even a fee for certain maintenance types. By self managing, you can then avoid these fees and keep more of the rental income for yourself and thereby making your investment more profitable. Say that your property is rented for $2,000 a month. That $200 management fee, because that's 10% Well, multiply that by 12, that's $2,400, a year, plus a typical leasing fee when a new tenant is placed is a half months rent. That's $1,000 in this case, now, you're probably not going to have a new tenant placed every single year, but if you did, then that's $3,400 annually to the manager in total, between the management fee and the leasing fee. Another advantage of DIY ing is quality control. Now, I think people that tend to be control freaks, oftentimes have to self manage, and they care a little too much. But when you self manage, you do have direct control over the maintenance and tenant selection and the overall condition of your property, and that is going to ensure that your investment is well maintained and that your tenants are satisfied. Property managers, they often manage multiple properties, so your rental might not get as much attention. And the most common, recurring issue that I hear from investors that use a professional management company is that they don't feel like their property is getting enough attention, or that the property manager doesn't really care that much about them after their contract is signed. And if you think that through, from the property management industry side, you know most managers, they're only making that 100 to 200 bucks of recurring revenue per month on each property they manage, and these are pretty thin margins overall. So in order to run a profitable business and pay their employees and cover their other business expenses, these property managers, they need to onboard hundreds of clients, and in turn, that's going to spread out their efforts pretty thin if you've only got a few properties with a manager. Well, their main priority sometimes ends up being their bigger clients. So the smaller you are, the further down the callback list you might be. But I'll tell you, even staying in touch with my professional managers a little bit, even the ones I only have a few properties with, I feel like I get what I need. A third advantage to managing yourself is better tenant relationships. You've got a level of control that allows you to build relationships with your residents that can lead to longer retention and less of that costly turnover, and having that direct communication that builds some trust, that builds some respect between you and your tenant, they appreciate a landlord like you is probably going to respond quickly to maintenance requests and the fact that you're approachable if an issue comes up, and also, by you being more involved in the tenant screening process, you can ensure that you select a pretty good tenant that's going to stay Long Term and really take care of your property. Another advantage to you self managing is that you do build some valuable skills. I mean, managing a property on your own that teaches you a big range of pretty versatile skills, from like handling maintenance and repairs to negotiating leases and just overall, managing your finances, these can be pretty helpful skills, not just for your rentals, but for your future business ventures. So really, those are some of the upsides of self management. Now, how about the flip side, the challenges of self managing your own rental property? Well, the problem is managing your tenants. I mean, some say that this whole discipline that's called Property Management ought to be called tenant management and handling tenant relations. That's one of the most critical aspects of being a self managing landlord. I mean, even if you try to build tenant relationships, mismanagement that can lead to vacancies or disputes or can even go into legal issues. So educating yourself on landlord tenant laws and best practices, that's pretty essential. If you want to head off problems, you've got proper tenant screening and addressing tenant concerns and ensuring that rent is paid on time. I mean, all that stuff's crucial. Most tenants are pretty reasonable, but you know, there are always going to be a few that will challenge your patients, and it really requires that you be tactful and professional to manage well, managing contractors. I mean, property maintenance, that's another key responsibility you have to. Fine and hire and coordinate contractors for repairs and upkeep and poor contractor management that could lead to cost overruns or really shoddy work and more, knowing how to negotiate contracts and oversee projects that's crucial to maintaining the tenant satisfaction and the overall quality of your property. Another downside of self management is handling emergencies, I mean plumbing leaks or electrical issues, that stuff could happen anytime. And as a self managing landlord, you might not always be available to respond immediately, which can lead to property damage or unhappy tenants. So self managers, they really need to be problem solvers. Self managing a rental property, things go fine 99 plus percent of the time, but it could get emotionally taxing, especially if those tenant relations become a problem. So you got to keep personal feelings out of it, that stuff can cloud your judgment and negatively impact your decisions. If you want to self manage, you've got to maintain professionalism and set clear boundaries and remain objective when you're dealing with tenants and property issues, so creating systems and processes help you minimize those emotionally driven decisions, and can help you ensure consistency in managing approach. And then there is that legal side you ought to keep up on that local area's landlord and tenant law. So in conclusion, on whether to be your own landlord or outsource it to professional management, while these challenges are pretty real, you should still be able to self manage your properties, even remotely, even across state lines or from 1000s of miles away. I mean, most of these worst case scenarios that you hear about, like a flood at 2am I mean that stuff just never happens. I mean, it's never happened to me, even if you don't have previous experience, you really can effectively manage your rental properties and see positive results when you got the right tools and the right mindset. And today's tech tools make remote management easier than it's ever been in human history. But any long time listener knows that I do not manage my own properties. My time is simply too valuable. As a frequent guest on the show here, Robert helm says life is too short for property management, I just feel a personal sense of freedom and autonomy and some headspace clearance by knowing that no tenant can contact me directly yet that my manager is taking care of them. I mean, it's just not worth doing it myself to get that last 2% toward perfection. When you buy in the most investor advantage areas, you should have enough margin to pay for a manager.    Keith Weinhold  13:03   All right, well, let's change topics now, and whether you self manage or you outsource it to a pro, you know, you've got to ask, how much and how often should landlords raise the rent? That is the question. Let's say you've crunched the numbers and expenses are climbing like they have these past few years, and the market is shifting and your rent hasn't changed. That really leaves you with one big question, Should you raise the rent? And should you raise it every year? And if you're new to landlording, it can kind of feel complicated. It could feel like if you raise the rent too much, you risk losing a great tenant if you raise it too little or not at all, and you might fall behind on costs then, or even undervalue your property if you don't keep your rents up there, because five plus unit property values are based on the rent, which goes into the NOI your net operating income. And really, this is one of the more common dilemmas that landlords face. But really, the good news is that there's a pretty clear way forward. So let me help you determine when a rent increase makes sense, and then figure out an amount that keeps your unit competitive. It keeps your rental income on track. Now some people, they actually believe that landlords are required to raise the rent every year and to a tenant, it might seem like that's what happens, but no, landlords are not required to raise the rent every year. They often choose to do so to keep up with inflation or stay competitive and high demand markets, and keep up with shifts in local rental trends, gradual, smaller increases can help you avoid the need for making larger jumps later, that stuff can surprise or frustrate your tenant. You want to go for those big rent jumps, but two. 19 tenancies. We've covered that part before. Now, some landlords prefer to keep rent steady, like when they have long term reliable tenants, or they're just focused on building equity over time, and they want to stay hands off, and don't really need the cash flow so much. Now, in a lot of cases, maintaining that same rent amount that sure can reduce your turnover in vacancy costs, those things are your biggest expenses, but often that is not the best approach in the long run, because you probably are a leveraged investor, meaning that you have a loan on the property. Well, then a rent increase that helps you out more than it does for the less educated, paid off free and clear property owner, because you can widen your delta faster. You widen your cash flow faster because your biggest expense, your principal and interest payment, stays fixed. Yes, you are getting leverage on both the asset value overall and the income. Yes, this is winning that third crown of GRE s inflation triple crown. So ultimately deciding how often to raise the rent, that really depends somewhat on your goals and also the condition of the rental. You got to factor in how satisfied you think that your tenant is. That's part of it, and the state of the market as well. Now, if you're unsure what the right rent price is for your area, there are increasingly sophisticated tools for helping you figure that out. Rent finder.ai, can help you. One of my property managers uses it. It's a really cool AI driven report that looks at 25 rent comparables in the area. Again, that tool is rent finder.ai.   Speaker 2  16:52   Now, when should landlords raise rent? Finding the right time to do this that helps you stay aligned with the market value all while supporting your financial goals. But there are also times where it might be smarter to hold off on hiking the rent. The most common times that you implement a rent increase are at least renewal. That's really the most common and appropriate time to raise the rent, provided that you give proper notice. You usually got to give 30 to 60 days notice. Another common time to raise the rent are after you make significant upgrades, like installing new appliances or renovating a kitchen or updating flooring. I mean, this is when it might be reasonable to adjust rent to reflect that added value. Another time is when overall market rents are rising, even if you haven't improved the unit or anything, because if rental prices in your area are up, well, then raising your rent helps keep your property in line with local rates. But you got to keep in mind that rent price increases require a well thought out strategy to avoid pushing away good tenants. Another time to increase the rent is to keep up with inflation and expenses over time, especially these last few years, we've all had higher operational costs like higher insurance, higher property taxes, higher maintenance costs. So even a small annual rent increase definitely helps offset those rising expenses, but you have got to avoid basing your rent price solely on operating expenses. When you do raise the rent for this reason, though, let the tenant know just which operating expense rose. That is going to help reduce tenant frustration. Now, on the flip side, there are times when keeping your rent steady could be the better choice, especially if you have a long term reliable tenant. I mean good tenants that pay on time and take care of the property. They are worth retaining, not all times, but sometimes avoiding that rent hike can help you maintain a good relationship. There another time to avoid it is when the rental market is soft. I mean, if there's more competition in your area, or high vacancy rates in your area, well then raising the rent could lead a tenant to look somewhere else, especially if there are vacant properties nearby that they could move into. Another time to not raise the rent is if the property hasn't changed, if you haven't made any of those improvements, sometimes a rent increase might not be justified, or obviously you don't want to raise the rent if you really, really want to avoid a vacancy. So keeping the rent the same might encourage them to renew. So factors to consider before raising the rent and how to calculate an appropriate increase if a unit is aging or needs repairs, raising the rent without improvement that could discourage renewals. So consider creating a value checklist to quantify certain improvements, like new apps. Appliances could be 25 to $50 a month in additional rent, or a renovated kitchen, $75 a month or new HVAC. That could be 30 to $50 a month. Think about neighborhood changes like gentrification or new schools or increased transportation access or nearby commercial development. I mean, all that stuff can raise demand, building a Whole Foods nearby, having a new office space with high wages nearby, that can increase your rent. Look at City Planning announcements and local news. You can help stay ahead of the trends that way, and if your neighborhood has seen a rise in new businesses or housing demand. I mean, that is justification for a moderate increase and a modest annual rent increase tied to inflation that can help offset your rise in costs. You can reference the CPI, yeah, the BLS. They don't just report national inflation, but they do this by region as well. Now, is there a limit to the amount of your rent increase? Well, depending on where your property is located, there might be legal limits to how much you can raise the rent, and they're typically defined by state and local rent control laws that can vary a lot across the US, in cities or states with rent control, or what's called rent stabilization, there are strict caps on how much you can raise the rent annually. And those caps, they're often based on the local CPI. They might range from 2% per year to 10% a year, depending on the area and if your rental property is in a place without rent control, well, then there might not be any legal limit on how much you can raise the rent really. That's sort of situation normal. So you do have to look at those local laws. Of course, here at GRE we recommend buying and owning properties outside of any rent control jurisdictions, which are often those places in big Northeastern cities or on the west coast where they have rent control. Well, your success as an investor, it has a lot to do with how much of your money you are leveraging, but funds that are leveraged into property that you own directly, they're not very liquid. Any prudent investor keeps a liquidity bucket of funds, and for me personally, I don't keep many of them in these online only savings accounts that might yield a 3% or 4% return today, because that is simply too low. What I do with my liquid funds is I get a return that's more than twice that amount. Where I am not the landlord, I'm the LEND Lord. Yes, l, e, n, d, lendlord, I'll tell you how to increase your income that way. That's next. I'm Keith Weinhold. You're listening to get rich education.    Keith Weinhold  23:03   The same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage, start your pre qual and even chat with President Chaley Ridge personally. While it's on your mind, start at Ridge lendinggroup.com. That's Ridge lendinggroup.com.    Keith Weinhold  23:34   You know what's crazy your bank is getting rich off of you. The average savings account pays less than 1% it's like laughable. Meanwhile, if your money isn't making at least 4% you're losing to inflation. That's why I started putting my own money into the FFI liquidity fund. It's super simple. Your cash can pull in up to 8% returns, and it compounds. It's not some high risk gamble like digital or AI stock trading. It's pretty low risk because they've got a 10 plus year track record of paying investors on time in full every time. I mean, I wouldn't be talking about it if I wasn't invested myself. You can invest as little as 25k and you keep earning until you decide you want your money back, no weird lockups or anything like that. So if you're like me and tired of your liquid funds just sitting there doing nothing, check it out. Text family to 66 866. To learn about freedom. Family investments, liquidity fund again. Text family to 66866,   Robert Kiyosaki  24:48   this is our rich dad. Poor Dad. Author Robert Kiyosaki, listen to get rich education with Keith Weinhold. Don't quit your Daydream.    Speaker 2  25:06   If you love the income from rentals but you don't like the vetting and the tracking and the tenant calls, this episode is for you. I've openly shared with you before that I don't keep much money in a savings account, since the returns are often lower than true inflation today, it's about where I invest my own funds that I want to keep fairly liquid yet get a strong return. We're talking to who owns and runs those very funds that I'm personally invested in. She co founded freedom family investments. They're a firm with over $50 million in assets under management, and they have a 100% track record of investor payouts to those investors that include me. After building her own wealth through real estate, she made it her mission to help investors create freedom, safety and peace of mind in their portfolios. She specializes in turning hands on real estate strategies like turnkey rentals into relatively passive, scalable income. It has real estate backed returns that get fairly high. You'll see how high today. She's got a great plain English approach and focus on recession resilient, needs based assets that have earned her repeat invitations to get rich, education and other top real estate shows she and her husband flip also co wrote a great book called Get real, which I have on my bookshelf. Hey, it's great to have you back on GRE Danny Lynn Robison   Dani-Lynn Robison  26:30   thank you so much, Keith. I'm so excited to be here   Speaker 2  26:33   Danni, We'll discuss rates of return for the investor shortly, but first, I think that any prudent investor asks about that foundation, what is the investment backed by? What are the underlying assets? Tell us about that.   Dani-Lynn Robison  26:48   So that's really important to me as well. And real estate is my love and passion. So this is a fund that is based on recession resilient needs based real estate. What that means is we're really focused on the needs over economies, down economies, no matter what is going on the market, is there demand? Is there enough demand that the cash flow is going to continue on? And so our asset classes inside this fund are multifamily housing and then senior housing build to rent and self storage. And by concentrating on all of those, we're just staying aligned with the fundamental needs of American families, which is why we're freedom family investments,   Keith Weinhold  27:26   right? Okay, so, yeah, pretty staid, stable underlying assets there, like you say, these are needs based items, items that people need. And tell us more about how the investment is structured for that investor, and these investors like me, looking for predictable, passive income.   Dani-Lynn Robison  27:46   This is something that's really important to me. I'm always talking to our investors and finding out what's important to them. What are they investing in right now? How do they feel about the market? What's important to them? And out of that has come every single fund or offering that we have created. And so what I love about this one is it combines a whole bunch of things all into one place. So this fund, the way it's structured, provides diversification, because as a private money lender, you are lending on one asset, so you're dependent on that one asset actually performing and being able to pay you back. Now, as you said at the beginning of the episode, we have a 100% payout track record, and that's because I think my very first episode with you was about private money lending, and I told this story about this duplex where we lost, I want to say, over $50,000 and I talked about the importance of investor relationships to me, and that long term relationship means more to me than anything else, because if you don't Have trust, then you don't have anything, you don't have a business, you don't have you can't grow long term. So even though we had lost so much money on that duplex and made a lot of mistakes, the investor got their full principal paid back. They got every penny of interest during the time that they were owed. And that Testament has happened over and over again, and it's also why I've always preached volume, because deals like that in real estate, it's going to happen in anybody who tells you otherwise just run, because there's going to be times where you peel back a wall and there's something you know big that you're going to have to take care of, and there's times when contractors aren't going to do what they say they're going to do, and it's going to go over budget. And because of that, volume is important. So if I'm doing 10 deals a month, and two of them go bad. I've got eight that do really, really great. So that's the diversification piece that is so important to me, and therefore also important to my investors. Because we've talked about that, we've talked about those conversations. So in the fund, being balanced and diversified across those four asset classes ensures that no matter where the market is and what we're investing in, some of them could be doing really good, while some of them may not be doing as good, and we're just evening out and protecting ourselves and our investors with that separate asset classes and multiple doors. Then the other thing about that I've heard loud and clear is liquidity. And you and I were talking about this right before we pressed record, and I. Always laughed, and I was like, liquidity and real estate just don't go together. So let me figure this out. And we worked with our attorneys and figured out different ways to provide liquidity to real estate investors while still protecting just the way everything was structured, because that promise and making sure that I'm always giving that money back to the investors and paying them on time every single time, was so important, we structured a fund that allows people to invest and then get their money back in a year if they want it, but if they don't, then they get to continue investing for a period of time. And so that marriage and balance has really been a win for us and for our investors. And so I'm really excited about this fund.   Keith Weinhold  30:37   Danny Lynn, it's a little sad before our chat today, we learned about another industry professional that offered a fund to investors, and that fund imploded, for lack of a better term, and you divulged with me that you're actually familiar with that fund and with that operator that offered it. And you know you talked about how there were really some red flags, some warning signs, there, you have third party eyes on your fund for its lifespan, from beginning to end and here in the present. And the other thing is that you invest the funds in your own businesses, so you have more control over that when you talk about these four different asset types that you're involved in. So can you talk to us about that?   Dani-Lynn Robison  31:25   I've been in the room with him. I don't know him personally. We're not friends or anything, but I know him, and I know what happened as that fund progressed. And when I looked at the fund structure, I love the promissory note idea, because it's simple to understand. There's a warren buffett quote I love talking about that you shouldn't invest in something you don't understand. And I believe in simplicity. I believe in making sure that you understand exactly what you're getting into when you're putting your money on the line. And in that particular fund, it was very hard to understand the assets that you're investing in. And so it was a lot of businesses I would view them as high risk. I felt like even the monthly distributions were a little risky as well, because sometimes you just don't know if the money is going to be coming in. You know, you might be in a building phase where you actually need the capital to work on and grow and improve the business or the real estate. And so we always structure things in a way that we do two tiers. There's an income track and there's a growth track to allow us to balance everything out and be able to give the investors a lower rate of return if they want income, and a higher rate of return if they want growth, because that higher rate of return we can do that because they are allowing us to use that capital to be able to work on properties, to work on businesses have that growth trajectory, and when it comes to our businesses, I'm glad you brought that up, because he did invest in businesses, and I don't historically do that. I love real estate, but I do invest in my own businesses, because I know me. I know my character, I know my track record. I know what I promise I'm going to do, no matter how hard it is. I'm going to make sure that I fulfill those promises. And so if I have like, ownership and direct control of everything, I feel very confident in my ability to move forward. And that's really where the masternote program comes in, we now call it freedom notes, because we just love freedom so much we're just rebranding everything. So the freedom note program really does help us invest in businesses as we're growing, and it's our own businesses so super excited about that opportunity. Structured the exact same way as the flagship fund.   Keith Weinhold  33:16   You use the term promissory note there, just so that no investor is left behind. What is a promissory note?   Dani-Lynn Robison  33:23   A promissory note is really like an IOU. So I always like to compare it to bank loans. Whenever our private money lenders would come and talk to us about private money lending, and they'd say, can you explain this to me? I'd say your Bank of America like you're the one with the lien on the property, so you're in first lien position, and so if something goes wrong, then you have the ability to foreclose and get that property back. So promissory notes, essentially is a loan to this fund, and this fund is then going to use that money to purchase or acquire or invest in or do recapitalizations of those projects that we talked about. So in the flagship fund, those four asset classes, masternodes, so the freedom notes also invest in those same asset classes, but they also invest in the businesses as well.   Keith Weinhold  34:09   So we're talking about predictable passive income for the investor here, about as close to passive as it gets, hands off management. You've got the professional underwriting, the servicing and the reporting done by a third party you actually use invest next, that's the third party company that administers this. Tell us more about the investor qualifications, about the minimum investment amount and accredited versus non accredited. Tell us about that.   Dani-Lynn Robison  34:38   We have programs for both non accredited and accredited investors, and like I said, they're set up structurally very, very similar, but they are it's has to be SEC compliant, right? So for the non accredited investors, it is the freedom note program, and it's set up so your funds are in a separate bank account all by itself. It's fully tracked that way by our accounting team. And you can always go in and say, Hey, can you guys tell me where my funds are placed? And we can always track that information. So it's a little bit more work on our part, but it does allow non accredited investors to participate in something until they have the opportunity to reach a point where they do meet that accredited status and they can participate in the fund. And then the fund is the accredited vehicle. It's a 506, C, again, fully it's a Regulation D, fully vetted by our attorney. They're just actually finishing the documents right now. I didn't tell you before this, but you're actually the very first group that we're like talking to this about. And I told you how much I love our relationship and how long we've known each other, and how I just want to do more things with you. And so we're like, this is perfect that we get to actually launch it to Keith's group first. So we're excited about that as well. And then you talked about invest next. This is the piece that I think is important to me, no matter who you invest in, is what is their financial transparency look like? How are in the investments tracked? Where are the funds? Who is looking at those funds. So not only are we tracking all of the funds in house, but our CPA has to look at the funds and what's happening there. And originally we had nav, which is a fund manager. Now we've moved over to our invest next, and it probably took us six months to get onboarded with them, because of all the compliance pieces required for a company like that to bring you on board. So I just think that's one of the important pieces that makes me feel safe, because I want a bunch of eyes on the financials, and it makes our investors feel safe as well.   Keith Weinhold  36:31   For those wondering why I invest my funds here, yes, you've got that third party auditing, like you've mentioned, and you're investing only in your own businesses, so you have control. That's a big part of what makes me feel good. Well, let's talk about the fun part. Danny, tell us about those rates of return and the liquidity.   Dani-Lynn Robison  36:50   The rates of return are anywhere from eight to 14% but the 14% can go up to 16% because there's a 2% bonus upon maturity, and that eight to 16% is in two series. So there's an income series and there's a growth series. The income series is what appeals to investors who want those quarterly distributions and who want the passive income and cash flow. And so that particular series is anywhere from eight to 10% and again, depending on how much you invest, there's a 2% bonus in that series, and then the growth series is even higher. And the reason that is is because these are the long term investors who are looking to really accelerate growth in their portfolio. And that allows us peace of mind that we've got capital to be able to use for the renovations, for whatever is needed, depending on the market and how the cycles are going. As I said before, real estate is illiquid, and you have to structure and balance things based on that. And the growth series is a win for the investors, because compounding on, let me see, it's 10 to 14% returns, plus, depending on how much you invest, there's a 2% bonus that compounding adds up fast. We've done math for our investors are like, Oh my gosh, I'm never moving my money. I love this. They just love to see the growth trajectory. It's a win for us, too, because we get to use that capital as needed in order to ensure that we've got successful investments at the end of the day.   Keith Weinhold  38:21   Okay, so the income series has eight to 10% returns based on how much you invest, that pays out quarterly. And then the growth series that has those higher rates of return, up to 14 even 16% where the payout is made at the end, and how long is one waiting until the end? I know it sounds like most people want to continue that compounding and roll it forward, but what does the end look like for the groceries fund?   Dani-Lynn Robison  38:47   Yeah, I'm glad you asked that. So that's the liquidity piece, and that's the thing that we went back and forth with our attorneys about, because real estate is naturally illiquid, and so what we did is it's a recurring annual renewal. So it's an auto renewal, meaning that every single year you have the opportunity to say, Hey, Danny, hey freedom, I would like to go ahead and give you notice that I would like to get my funds back. And so that gives us enough notice be able to plan for those funds to come back to you principal plus interest. And then every year, if you choose not to ask for your funds back, it auto renews for a total of five years. I believe it is. You'll have to look at the documents just to confirm everything that I'm saying, because what I'm speaking to is our freedom note program, which is what this was built off of, because it was so popular. When given investment opportunities, everybody was just like, I want to go into those freedom notes. I like those because it gave them peace of mind, the ability to take out their cash if they needed it, but allowed for a compound or fast growth and a long term investment if they felt that was right as well.   Keith Weinhold  39:47   Okay, this freedom note program either the income series or the growth series, but we're talking about rates of return here. What's interesting is we're in a period where federal funds rate drops are. Anticipated when that happens, the return on your savings account does fall by that amount. However, these funds don't. That is correct. Yes, we're talking about, again, these funds that are backed by needs based real estate, like senior housing, workforce apartments and self storage demand that stays steady, even in downturns. And I know that you have an investor story as well. Tell us about that.   Dani-Lynn Robison  40:28   Yeah. So we have so many investor stories, and you can actually see the videos and audios on our website, and I encourage you to go check them out. But we like to call this investor story Jane, because we've heard the story so often that we call her Jane. So this is really the investors who have been investing with us as private money lenders and turnkey investors. And there they realize that number one, the in and out of investments. As a private money lender means that they always have this capital sitting and earning nothing at some point in time. And the turnkey investors, they think it's passive. And then they realize, oh gosh, there are tenant issues. I do have to, you know, manage this, the property management company. I do have to double check all the financials. I do have to approve a tenant or approve repairs, and it ends up being a little bit more work, and sometimes a lot more work than they ever anticipated. Those investors in particular, are the ones that love working with us the most, because suddenly what they thought was freedom going into the investment opportunity turned out to be a little bit different than they anticipated. And so they're like, I'm so thankful to finally, you know, be in an investment with a company that I trust, but that can be there, give me liquidity options, give me a good return, but it's 100% passive. So we call that investor Jane, because we just hear this story over and over and over    Speaker 2  41:45   before I ask about how our listeners can learn more about this, if it might interest them. Is there any last thing that you want to tell the audience? Maybe something that I didn't think about asking you?   Dani-Lynn Robison  41:57   That's a great question. The here's the thing that I always like to say, when you're investing with somebody, I think it's important to ask about the worst thing that's happened, what they did, how their investor was treated, what was the financial outcome? I think those questions are people don't think to ask that. Like, when you get on the phone with somebody, everybody's gonna tell you the rosy stories and all the good things, and this is why you should invest. And they're not going to go down the road of like, what happened, like, what are the bad things? Because every business and every real estate investor experiences bad things. So finding out the character of the person, I think, is how you find out is by asking what happened in that worst case scenario. So I think that's a really great question to ask, and you can ask us anytime I transparently tell my horror stories all the time, and just always in saying how important our long term investors are with us.   Keith Weinhold  42:46   It's just like the title of your book. Get real. If you don't have a messy story to tell, you probably haven't been in business for very long. Are there any fees in order for one to get started?   Dani-Lynn Robison  42:58   No, there are no fees. That's another investor feedback piece is the confusion. It's like they want to invest, but they're so confused by investment opportunities and what they're really making. So when you invest with us, the return that we tell you you're going to get is actually the return that you're going to get. So whether it's, you know, 8% 9% 10% whatever that is, that's the return you'll get. If there's any fees in, uh, within the fund itself, there's none in the freedom notes program. If there's any fees within the fund itself, it comes from the actual underlying properties, not from investor returns.   Keith Weinhold  43:31   Well, it doesn't take very much documentation in order to get started. This could really help you make more of the funds that you want to keep more liquid as fast as 90 day liquidity. Danny, tell our audience how they can get started, and if they just want to learn more about this to see if it's right for them,   Dani-Lynn Robison  43:50   we have done something super special this time. I think I've been on your podcast probably four or five times. Now this time, I'm going to tell you to go to freedom, family investments.com. Forward, slash, G, R, E, so it stands for get rich, education, so freedom, family, investments.com. Forward, slash GRE, what we've done this time is we're really tailoring what we do to Keith, because this relationship has just been such a great relationship we've had over time that we want to make sure that the investors that come in from your audience are just they rise to the top for our Investor Relations team so that anything that you need, we're just right there for you. We've got an investor concierge, and we're just doing as much as possible to make sure that you guys are prioritized.   Speaker 2  44:30   Yeah, feel free to let them know that you learned about this through me, you'll get the VIP treatment. Danny, thanks for being such a responsible custodian of my own funds. For years, it's been great having you back on the show.    Dani-Lynn Robison  44:42   Thank you so much, Keith.   Keith Weinhold  44:50   Look the key to most anything in business or investing is for you to provide something that's of value to someone. Else. Look for something that makes somebody else money, and then go get a piece of that for yourself. And because this is where I park my own funds for liquidity, I do need something that I can count on, recession resilient needs based real estate assets that people rely on in every economic cycle. So this is backed by, frankly, pretty plain things, with durable demand, limited supply and strong demographic tailwinds. And again, those four underlying assets are multifamily housing, senior housing, build to rent, which are new single family rental communities and self storage, which is something proven to hold up even in recessions. And what makes these funds from Freedom family investments different is that, like we said, they have third party financial eyes on them, and the control is there because the funds are invested in their own companies, and now there's no such thing as a zero risk investment or even a 100% passive investment, but this is about as close to real estate passivity as you can get. There's more of that than there is with direct ownership of turnkey real estate, they'd surveyed investors to find out what they want. That's why you can choose from again, Freedom family investments either their income series, which has eight to 10% returns, but it can be up to 12% at higher investment amounts, you get quarterly distributions, or their other is their growth series, 10 to 14% returns, but it can be up to 16% at higher investment amounts, with the option to have your funds back annually. These are fixed rates of return and a declining interest rate environment like we're in now. Cannot touch those rates of return, I think, for someone that's not in real estate and doesn't understand how real estate pays, five ways, they might find it unusual that an investment can reliably return more than 10% like this. But those that are initiated, they get it. It's pretty simple. I mean, you are going to increase your income $10,000 per year if you invest 100k at a 10% return. If you'd like to learn more and see if it's right for you, it's been made pretty easy. You can do that one of two ways. Text family to 66 866, just text the word family to 66866, yes. This is how you can, rather than a landlord, be a lend Lord with the liquid component of your investments. So you can learn more about freedom family investments, just visit freedom family investments.com/gre. That's freedom, family investments.com/gre, until next week, I'm your host. Keith Weinhold, don't quit your Daydream.   Speaker 3  48:13   Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively.   Keith Weinhold  48:37   You know, whenever you want the best written real estate and finance info. Oh, geez, today's experience limits your free articles access and it's got paywalls and pop ups and push notifications and cookies disclaimers. It's not so great. So then it's vital to place nice, clean, free content into your hands that adds no hype value to your life. That's why this is the golden age of quality newsletters. And I write every word of ours myself. It's got a dash of humor, and it's to the point because even the word abbreviation is too long, my letter usually takes less than three minutes to read, and when you start the letter, you'll also get my one hour fast real estate video. Course, it's all completely free. It's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be easier for you to get it right now just text. Gre 266, 866. While it's on your mind, take a moment to do it right now. Text, gre 266, 866,   Speaker 2  49:53   The preceding program was brought to you by your home  

In this episode, Lady Landlords founder, Becky Nova shares how pregnancy, moving from a duplex to a single-family home, managing multiple rehabs at the same time, tenant issues, and a gas emergency have recently tested her as a landlord.She reminds landlords that tough seasons are temporary, encourages staying focused on their “why,” and how to navigate even the toughest of times===

In this episode of Real Estate Investing Academy (RIA), hosts Mike and Marcus discuss key questions and insights based on a poll conducted among RIA members. They dive into why finding deals is challenging in the current market, emphasizing the impact of low interest rates and limited seller motivation. The discussion also covers the importance of long-term rental properties for wealth building and strategies to navigate high interest rates and secure financing. Additionally, Mike and Marcus share their thoughts on doubling down in uncertain times, the significance of private capital raising, and strategies for continued success in real estate investing. Tune in for valuable tips and strategies to stay active and profitable in the real estate market. Key Takeaways: 00:52 Challenges in Finding Deals 01:50 Market Dynamics and Seller Behavior 05:25 Importance of Off-Market Properties 07:26 Focus on Landlording 09:40 Long-Term Benefits of Rental Properties 17:31 Creative Financing and Raising Capital 18:43 Challenges in Finding Good Deals 19:41 Raising Private Capital 21:24 Maximizing Opportunities in Real Estate 23:55 The Importance of Doubling Down 25:55 Staying Active and Networking 28:06 Adapting to Market Shifts      

Most landlords think that since they don't work in a retail store, they are not in sales.  My guest today argues that in EVERY conversation you are either selling or buying (and if you're not sure, you're the buyer).  We talk today about the four different best-selling personality traits, what a sale ACTUALLY is, and how sales in providing housing actually works. 

Send Us A Message! Let us know what you think.In this episode of the Property Apprentice Podcast, Debbie Roberts breaks down the top challenges that landlords face in New Zealand—and, more importantly, how to solve them.Whether you're a first-time landlord or a seasoned property investor, this episode is packed with practical tips and expert advice to help you: Prevent rent arrears and late paymentsChoose the right tenants using background, credit, and tribunal checksMaintain your property with regular inspectionsNavigate meth testing, privacy laws, and Healthy Homes standardsUnderstand your legal obligations under the Residential Tenancies ActSet the right rent and budget for vacanciesDecide whether you need a property manager—and how to find a good oneWith the Healthy Homes compliance deadline fast approaching (July 1), it's more important than ever to get things right. Avoid costly mistakes and tribunal disputes with these proven strategies that every NZ landlord should know. Relevant for Kiwi property owners, investors, and aspiring landlords looking to build long-term wealth through smart property management.Watch now or listen on your favourite podcast platform. Don't forget to like, subscribe, and share this with fellow landlords or first-home buyers.Resources mentioned:How to Choose a Good Property Manager https://youtu.be/s1O40B79eS0?feature=sharedTenancy Tribunal Orders Database: https://tenancytribunal.govt.nzTenancy Services: https://tenancy.govt.nzNZPIF Landlord Education Program: https://www.nzpif.org.nzSupport the show*Nothing from this episode should be taken as individual financial advice. *Property Advice Group Limited trading as Property Apprentice has been granted a FULL Licence with the Financial Markets Authority of New Zealand. (FSP Number: FSP157564) Debbie Roberts | Financial Adviser (FSP221305) For our Public disclosure statement please go to our website or you may request a copy free of charge.

Send us a textIn our 100th episode of Your Landlord Resource, Stacie shares a deeply personal story of grief, caregiving, and loss—and how she and Kevin continued to self-manage their rental properties through one of the most difficult periods of their lives.We're not just talking about landlord tips today—we're talking about how to stay grounded, motivated, and operational when life knocks you down. From caring for aging parents to managing tenant issues and unexpected emergencies, this episode is all about perseverance, preparation, and learning to keep your rental business running—even when your world feels like it's falling apart.If you've ever felt like walking away from it all, this episode is for you.

In This Episode, We Cover:✅ How Brian lost it all in 2008—and came back smarter✅ The rise of co-investing clubs and passive real estate deals✅ What syndications are and how to access them for as little as $5K✅ How Spark Rental helps investors diversify by deal type, timeline, and geography✅ What "asymmetric returns" really mean and how to find them✅ The new path to tax-advantaged real estate without being a landlordChapters:[00:00] Why Real Estate Isn't Just for Landlords[01:00] Meet Brian Davis: Early Success, Major Mistakes, and 2008 Collapse[03:25] Pivoting from Landlording to Passive Investing[04:40] Launching Spark Rental: From Software to Education to Co-Investing[06:50] How a Stolen Seed Fund Led to a Better Business Model[09:45] Syndication Basics: What It Is and Why It Works[15:00] How Syndication Funding Works (And Who's Involved)[16:25] Monthly Club Meetings and Group Vetting of Deals[18:30] What Returns to Expect from Equity and Debt Investments[21:30] The Role of Liquidity and Time Commitment in Real Estate[23:00] Brian's Final Take: Passive Real Estate Is More Accessible Than You Think

Everyone talks about “passive income” like owning rental properties is a walk in the park. But what if being a landlord isn't the dream—it's the trap? In this episode, we're joined by Michael Voulgarakis, a commercial real estate investor who's acquired over $300M worth of property through Southgate Ventures. We're pulling back the curtain on the myth of easy real estate wealth—and diving into the realities few people talk about. From permits and problem tenants to costly mistakes and illiquidity, Michael shares what landlording really takes—and why passive investing might be the smarter play for most people.

One of the simplest mistakes new landlords make is assuming that the rules for THEIR area are the rules for EVERY area.  This is simply not true, not in the slightest.  Many states, provinces, territories have different codes or acts governing tenancy or providing housing to folks.  In fact, in many places, even more specific cities, counties, regional districts, or parishes require registrations, licensing, periodic inspections or all of the above.  My guest today lives in Auckland, New Zealand, but grew up in Powell River, British Columbia, Canada.  Makayla Edwards-Russell and I compare housing laws between New Zealand and Canada, confirming that you should never assume the housing rules for your area are not the same for every area. 

Many times landlords feel all alone in their business venture, managing rentals and communicating with tenants.  This can be overwhelming and paralyzing.  My guests today are industry leaders in asset management, but also educating landlords about the leadership aspect.  What a unique concept and strategy!  Join me with Cyndee Harding and Andrew Suarez as we discuss their education program coaching landlords in asset management and leadership!

Edmonton Real Estate Investing Course Hosted by Wayne and Gabby Hillier 8 Week Program starting on March 24th Register at www.reimasters.ca/edmonton   What You'll Learn: Why Edmonton? – Understand the economic factors that make it a top market for investors. The Edmonton Advantage – Learn why investors are choosing this city over others. The 5 Asset Types in Edmonton – Discover which property types perform best and why. Analyzing Edmonton's Neighborhoods – Learn how to evaluate different areas for cash flow and growth potential. How to Choose a Tenant – Avoid costly mistakes and attract high-quality renters. How to Choose a Rental Property – Find properties that generate strong returns. ​ What To Expect: 8 Week Program  Weekly Training Videos released every Monday with Homework. Special Guest Experts (to be announced)   Register at www.reimasters.ca/edmonton     Interested in joining the REI Masters Mentorship Program? Head to www.reimasters.ca Or email us at info@reimasters.ca   Got a question you'd like answered on the show? Email us at info@reimorningshow.com   Hosts: Wayne and Gabby Hillier Edmonton Alberta Real Estate Investors Coaches at the Real Estate Investing Masters Mentorship Program

We all dream of owning a home, but is it really the smartest financial move? In this episode, I explain why my wife, Mel and I decided to rent out our house and get rid of most of our belongings. From the financial calculations to the emotional tug of selling the place we raised our daughter, I dive into the surprising reasons behind our decision and what we've learned about money, freedom, and the value of simplifying life.For more go to: www.scottmlynch.comEpisode resources:Buy versus rent calculatorLevel up your life by joining my Patreon where you'll get exclusive content every week and more badass offerings (rips t-shirt in half, Hulk Hogan style, and runs around the room). And/or…Unlock practical and tactical insights on how to master your mindset and optimize your happiness directly to your inbox.If you're a glutton for punishment and want more swift kicks in the mind follow me on social:InstagramYouTubeLeave a review and tell me how I suck so I can stop doing that or you can also tell me about things you like. I'd be okay with that, too.Produced by ya boi.Past guests on The Motivated Mind include Chris Voss, Captain Sandy, Dr. Chris Palmer, Joey Thurman, Jason Harris, Koshin Paley Ellison, Rudy Mawer, Molly Fletcher, Kristen Butler, Hasard Lee, Natasha Graziano, ⁠David Hauser⁠, Cheryl Hunter, Michael Brandt, Heather Moyse, Tim Shriver, and Alan Stein, Jr.

Discover how AI is revolutionizing property management with TurboTenant's innovative landlording platform. Learn about game-changing tools that make property management easier and more efficient for real estate investors of all experience levels.Join Krista Reuther as she reveals how TurboTenant helps landlords:Market properties with AI-powered, fair housing compliant listingsScreen tenants effectively with comprehensive background checksCollect rent automatically and track late paymentsManage maintenance requests and vendor relationshipsStay compliant with state-specific lease agreementsTrack expenses and simplify accountingPerfect for both new and experienced property owners, TurboTenant offers free features to get started plus premium tools for scaling your portfolio. Their platform combines cutting-edge technology with practical landlording experience to help you manage properties more efficiently.Want to streamline your property management? Visit turbotenant.com to explore their all-in-one landlording solution and access free educational resources to grow your real estate business.#leadgeneration #realestatesystemsandprocesses #propertymanagement #automaterealestate #automatedrealestateinvestingsystemsCHAPTERS:00:00 - Intro00:37 - TurboTenant's History02:39 - TurboTenant's Rental Marketing06:38 - Training the AI09:32 - AI Lease Agreement Audit12:58 - TurboTenant's Integrations14:40 - Emotional Support Animals17:56 - Ticket Deflection20:38 - Biggest Issues Landlords Face23:28 - Using TurboTenant for First Rental Property25:13 - Discussion Topics26:20 - Pulling in Your Own Maintenance Person28:26 - Real Estate Investor Myths28:47 - Advice to Younger Self29:03 - Book Recommendations29:27 - Time-Saving Strategies in BusinessRealDealCRM.comRealDealCRM is your Real Estate Investing Virtual Assistant. A Real Estate Investing CRM for Real Estate Investors created by Real Estate Investors. SMS, Stealth Voicemails, Phone, Voicemail, Funnels, and AUTOMATION in a single platform! Check out more details at RealDealCRM.comLIKE • SHARE • JOIN • REVIEWWebsiteJoin the REI Mastermind Network on Locals!Apple PodcastsGoogle PodcastsYouTubeSpotifyStitcherDeezer

Whether you're a podcast pro or just starting out, Krista Reuther shares the secrets to managing not one but two thriving podcasts. Master audience engagement, expert guest management, and crafting content that sticks. Hop in for practical tips to elevate your podcast game and overcome common challenges.     WHAT TO LISTEN FOR The power of a clear vision for your podcast Ways of using data surveys to craft episodes  Why personal stories are crucial for engaging podcasts How to earn your audience's trust and loyalty A strategic content for scaling your podcast's reach      ABOUT KRISTA REUTHER Krista Reuther is the Senior Education Content Manager at TurboTenant, where she produces data-driven, actionable materials to assist landlords and renters. With decades of writing and editing experience across industries such as real estate, SaaS, and survey design, she excels in simplifying complex topics and emphasizing interpersonal relationships. Before joining TurboTenant, Krista contributed to The CE Shop, editing educational content for real estate agents. Her passion for real estate was ignited while editing a proposal for a luxury commercial venture in Jerusalem, leading her to focus on real estate education. At TurboTenant, she co-hosts the podcasts "Be a Better Landlord" and "Adventures in Landlording," offering insights into property management and landlord-tenant law. Outside of her professional endeavors, Krista is an avid poet, aspiring chef, and amateur comic.     CONNECT WITH KRISTA Website: TurboTenant Podcast: Be a Better Landlord | Apple Podcasts and Spotify Adventures in Landlording | Apple Podcasts and Spotify LinkedIn: Krista R.   CONNECT WITH US If you are interested in getting on our show, email us at team@growyourshow.com. Thinking about creating and growing your own podcast but not sure where to start? Click here and Schedule a call with Adam A. Adams! We also have free courses for you on everything you need to know about starting a great podcast! Check out our first six episodes through the links below!   Identify Your Avatar - Free Course 1/6 What To Do BEFORE You Launch Your Podcast - Free Course 2/6 How To Launch A TOP Show - Free Course 3/6 Best Marketing And Growth Strategies - Free Course 4/6 How To Monetize Your Podcast - Free Course 5/6  Top 22 Pitfalls On Starting Your Own Podcast - Free Course 6/6 Subscribe so you don't miss out on great content and if you love the show, leave an honest rating and review here!   

In this episode, we tackle a controversial question: Is the BRRRR strategy still viable in today's real estate market? With median home prices over $430,000 and interest rates hovering around 6%, the classic buy, rehab, rent, refinance, and repeat model faces serious challenges. We'll explore why this strategy may no longer be feasible for most investors, break down the hidden risks of low-cash-flowing properties, and provide alternative strategies to build wealth in real estate. From short-term rentals and multifamily housing to sweat equity and smart savings, this episode is packed with actionable advice to help you navigate the current market. Don't miss it! Keep reading the article here: https://www.biggerpockets.com/blog/is-brrrr-still-a-good-strategy-for-investors Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Going all in on a mastermind could be an expensive mistake or a brilliant way to ensure you take your real estate investing business seriously. On this episode of Zen and the Art of Real Estate Investing, Jonathan welcomes Dedric and Krystal Polite, a home-flipping couple who wound their way from wholesaling to flipping “50/50 Flip,” a Hulu and A&E show. Dedric and Krystal are real estate investors, entrepreneurs, mentors, and the owners of Be Polite Properties, a home-buying and acquisition company that is growing into other markets. Jonathan, Dedric, and Krystal start their discussion by delving into when the real estate bug hit both Dedric and Krystal. They explore their roles in the business, the strategic plan they used to leave their corporate day jobs, and how they operate a virtual wholesaling business. You'll hear why leveraging social media is a critical part of their business, how investing in an expensive mastermind helped them get serious, and why the power of association can help you succeed. Jonathan, Dedric, and Krystal explain the importance of creating a qualified team to help manage your business as you scale, how they landed their “50/50 Flip” show, and how they approach landlording to attract high-end and high-quality tenants. Dedric and Krystal wanted out of the corporate grind, and when they went all in on real estate, they discovered how well it could work for them. They love helping others learn how to be successful and share some of their secrets to making it work. In this episode, you will hear: When the real estate bug hit Dedric and Krystal Polite Krystal's role as the visionary and Dedric's as the integrator How they strategically planned to leave their jobs once they got into real estate investing Their virtual wholesaling business and how they stay on top of what's happening in various markets Leveraging social media to build a virtual business Investing in masterminds and taking value away from them Why the power of association can help you succeed What networking can offer to new investors The property that got the Polites started on their journey Building relationships now to create opportunities later Creating a qualified team to surround you as the business grows The genesis of Dedric and Krystal's show, “50/50 Flip” Attracting high-end, long-term tenants with high-quality materials and using short-term rentals to subsidize creating more affordable long-term properties Landlording properties as though their moms are living in them Follow and Review: We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://zenandtheartofrealestateinvesting.com/podcast/166/ to download it. Supporting Resources: Be Polite Properties website - www.politeproperties.com Find Be Polite on YouTube - www.youtube.com/@BePolite Dedric Polite on Instagram - www.instagram.com/dedricpolite Krystal Polite's Instagram - www.instagram.com/mrsbepolite Connect with Dedric on LinkedIn - www.linkedin.com/in/dedricpolite Connect with Krystal on LinkedIn - www.linkedin.com/in/krystallpolite Join the Polite Wealth Portal - politewealthportal.com 50/50 Flip - www.aetv.com/shows/50-50-flip Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - https://www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.

The do's and don'ts that every landlord should follow. Then it will be our quesion and answer period.  Do not miss the AOA Million Dollar Trade Show this August 22, 2024 at the Long Beach Convention Center. I will be speaking at 1:15 pm. Do not miss it. Admission is FREE. For further information visit: www.aoausa.com  

The FREE Million Dollar Trade Show & Landlording Conference! WHEN: Thursday, August 22nd, 2024 WHERE: Long Beach Convention Center Click Here to Register https://aoausa.com/trade-show-long-beach/

Join host Marcus Maloney and co-host Mike Del Prete on The AZREIA Show as they catch up with Garrick O'Connell, a seasoned landlord, real estate agent, and the leader of the AZREIA Landlording Subgroup. Garrick shares insights from his real estate journey, detailing his transition from acquiring rentals to focusing on flipping properties and mobile homes due to market changes.    He discusses the significance of 1976 in mobile home investments, offers tips for making conservative offers, and highlights the value of always staying proactive in business. Garrick also delves into the benefits and challenges of being a real estate agent and provides valuable advice for those considering getting their real estate licenses. Discover various real estate strategies and the importance of adapting to market conditions in this informative episode.   Key Takeaways: 00:09 Catch-Up with Garrick O'Connell 00:54 Current Real Estate Market Trends 01:48 Flipping and Mobile Homes 05:19 Airbnb Experiences and Challenges 10:44 Lessons from the COVID Era 15:09 Mobile Home Flipping Insights 26:12 Real Estate Market Challenges 27:12 Exploring Wholetailing 28:59 Profit Margins in Mobile Home Flips 31:38 Transition to Real Estate Agent 39:48 The Importance of Real Estate Licensing 44:13 Landlording and Long-Term Rentals 53:38 Conclusion and Contact Information   Connect with Garrick O'Connell https://www.instagram.com/garrickoc/   ---- The Arizona Real Estate Investors Association provides its members the education, market information, support, and networking opportunities that will further the member's ability to successfully invest in Real Estate. Join AZREIA here. Is a Career in Real Estate Right For You? Take AZREIA's Real Estate Investing Entrepreneurial Self-Assessment at  

In today's episode, we will explore part 3 of 3 regarding animals in a tenancy.  From the landlord perspective, how would you know about wildlife?  Is there a safety concern?  If there is, what do you do?  All of this and more in Episode 26 of My Life As a Landlord.

Welcome back to Spark Rental! I'm Brian Davis, your host and co-founder of Spark Rental. Join me on my journey to financial independence as we explore real estate investing with our co-investing club. We dive into deals together, vet opportunities, and bring in top experts to share their wisdom. Today, we have a special guest, Jonathan Green, host of the "Zen and the Art of Real Estate Investing" podcast. Jonathan is a certified life coach, real estate coach, and co-founder of Streamlined Properties. In this episode, Jonathan sheds light on effective landlording and the mindset shift needed to see tenants as partners in your investment properties. Key Takeaways: The Landlord-Tenant Relationship: Understand why seeing tenants as partners can enhance the care and value of your property. Empathy and Communication: Learn the importance of empathy and proactive communication in maintaining a positive landlord-tenant relationship. Common Landlord Mistakes: Discover the pitfalls of focusing solely on dollars and cents and neglecting property maintenance and tenant satisfaction. Connect with Us: Jonathan Green: Follow him on Instagram at @trustgreen and check out his podcast "Zen and the Art of Real Estate Investing." Spark Rental: Visit our website SparkRental.com for more resources and to join our investment club. Learn More: Curious about private equity real estate investing? Check out our free class, "Hack the Rich: 7 Secrets We've Learned from Private Equity Real Estate," and learn how to invest passively. No sales pitch, just valuable insights. Take the Free Class Subscribe & Follow: If you enjoy these packed conversations, please rate, review, and subscribe to our channel. It means the world to us! Stay tuned for more expert interviews and real estate investing tips. Thanks for watching, and we'll catch you on the flip side!

Are you a creative real estate rookie dreaming of building wealth, but terrified of the landlording nightmares? Dealing with maintenance emergencies, renter evictions? Vacancies can suck the life out of your profits, and freedom. But what if I told you there is a way to collect rent checks without all the landlord responsibilities. In this single episode we will reveal the simple technique we use to rake in wheelbarrows of dough and never get one single call from the tenants. This game changing episode is the most powerful strategy you could hear about in Creative Real estate. What you will discover today is so powerful ... if you use it ... you will become a millionaire by mistake. Learn all the benefits of renting property. But the tenant does the landlording for you, happily! After today's chat, you will have a clear blueprints in your mind, how you can generate huge cash flow. So brace yourself for this many master-class full of actionable strategy that you will want to start doing immediately. You can't afford to miss this one …

Most landlords think that since they don't work in a retail store, they are not in sales.  My guest today argues that in EVERY conversation you are either selling or buying (and if you're not sure, you're the buyer).  We talk today about the four different best-selling personality traits, what a sale ACTUALLY is, and how sales in providing housing actually works. 

Description:  Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. In this episode, Krista and Paul discussed the advantages of Turbo Tenant, an all-in-one landlord software solution. Krista emphasized that the software, developed with input from landlords, offers a comprehensive suite of features and a free trial, making it accessible to a wider range of users. She also highlighted the company's affordable pricing, driven by its commitment to assist as many people as possible. Paul expressed his appreciation for the company's practice of using its product, which he saw as a testament to its effectiveness and dedication to user experience. Additionally, they explore the challenges faced by landlords, such as financial compliance, auditing, and the importance of using data-driven decision-making in the real estate business. Key Takeaways: Turbo Tenant offers a comprehensive suite of features, including lease management, tenant screening, and a team of experienced landlords, to help landlords streamline their operations. The software's lease management capabilities and support for mid-term rentals make it an attractive solution for landlords managing various rental properties. Turbo Tenant's pre-screening system and compliance features help landlords follow fair housing laws, avoid vicarious liability, and ensure tax compliance. The company provides educational resources, such as webinars, courses, and podcasts, to address common challenges faced by landlords and promote best practices. Data-driven decision-making and streamlined processes are crucial for landlords to enhance profitability and build successful rental portfolios.   Follow Paul Thompson • LinkedIn | https://www.linkedin.com/in/paulthompson-onecallcapital/ • Website | https://pauldavidthompson.com • Tiktok | https://www.tiktok.com/@pauldavidthompson   Resources: turbotenant.pxf.io/ZQa1J1  krista@turbotenant.com Krista's Email Listen to Krista's monthly webinars here:  https://www.turbotenant.com/education/webinars/ https://pauldavidthompson.com/  - Real estate resources, past episodes, and information on my mastermind   I want to help you achieve financial and personal freedom. Check out THIS link for some valuable resources Click for a FREE WEBINAR to learn about your 12% ROI. If you're ready to take action now, let's hop on a CALL now!   About Today's Guest: Krista Reuther is the Senior Content Marketing Writer at TurboTenant. With over four years in the real estate industry, Krista provides data-driven, actionable content for landlords and renters. She's produced 46+ hours of webinars, analyzed 10,000+ survey responses, and publishes monthly webinars and ebooks. Krista also co-hosts the Adventures in Landlording and Be a Better Landlord podcast, sharing her rental market expertise. Her deep industry knowledge and commitment to valuable content make her a true asset to the rental community.  

Tired of landlord jargon and confusing housing advice?  This episode is your cheat sheet for navigating the crazy world of off-campus housing.Join us with property pro Carmelo Carrasco spills the beans on finding the perfect place, whether you're a renter or a landlord.In this episode you'll learn:Secret strategies for dealing with the ever-changing rent market (no more roommate drama!)Why colleges need to step up their housing game (seriously, more dorm rooms please!)Life lessons you WON'T learn in class (like how to handle a leaky faucet or deal with a messy roommate)The golden questions to ask before you sign a lease (avoid those hidden fees!)This ain't your parents' off-campus housing search.  Carmelo shares real-world tips and tricks to make sure your rental experience is smooth sailing.Ready to find your dream apartment (or snag the perfect tenant)? Listen to this episode and get ready to navigate the off-campus housing market like a boss.FIND YOUR OFF-CAMPUS HOME WITH AXEL PROPERTY MANAGEMENT!CALL: 610-424-3744https://www.axelpm.comhttps://www.instagram.com/axelpropmgmt/Introducing the 60 Day Deal Finder!Visit: www.MartinREIMastery.comUse the Coupon Code: WEALTHYAFfor 20% off! This episode is brought to you by Premier Ridge Capital.Build Generational Wealth As A Passive Investor In Multifamily Real Estate Syndication!Visit www.premierridgecapital.com to find out more.Support the show

Quick Take - (Full Episode - #84 - Link Below to Full Episode) We're talking property management in this episode of The Real Estate Law Podcast! We are excited to welcome Certified Property Manager - CPM® Shira Ali, a 20-year veteran of the property management industry, with experience managing multi-family and commercial real estate assets. Real estate investing is a customer service business. Sure, you need to pick the right areas and investment properties, but you're also going to need to know how to respectfully and effectively work with tenants, since they are the ones paying your mortgage and building your net worth. Shira is the CEO of Shira Ali & Associates, creator of the Property Management Operating System™️ model, and host of The Manage Your Property With Ease Podcast. Currently, Shira works with landlords to help them understand the skills and knowledge to mange their properties with confidence and ease. She provides consulting services to property management companies, helping them improve the operating systems and leadership training for their property managers. In this episode, we discussed: - What are some of the responsibilities of a good property manager? - How landlords can navigate the intricacies of managing tenants while laying the groundwork to build positive tenant relationships. - How do you manage the relationship between the property manager and the landlord? - How landlords can create sustainable systems and move into a flow of proactive vs. reactive - Why overcommunication - at least at the start - is key to a good relationship - Landlording with compassion and why it matters to your business - Making sure that property managers' clients are a good fit for them - How do you start to put together a team that can that can make your property management company well rounded? - What constitutes Shira's core philosophy when dealing with tenants? :: Link to Full Episode - https://youtu.be/Hq5yPpNz1vA Where you can find Shira: Website - https://www.reichics.com/ Instagram - https://www.instagram.com/reichics/ The Manage Your Property With Ease Podcast - https://www.reichics.com/podcast LinkedIn - https://www.linkedin.com/in/shira-ali-cpm%C2%AE-arm%C2%AE-ram-396b87190/ Join Jason Muth from Straightforward Short-Term Rentals and Attorney / Broker Rory Gill of NextHome Titletown and UrbanVillage Legal in Boston, Massachusetts for another episode of The Real Estate Law Podcast! #realestatepodcast #nexthome #humansoverhouses #realestate #realestatelaw #realestateinvesting #realestateinvestor #realestateagent #propertymanagement #propertymanager #managingyourproperty #dealingwithtenants #tenants #landlords Follow us! Following and subscribing to The Real Estate Law Podcast not only ensures that you'll get instant updates whenever we release a new episode, but it also helps us reach more people who could benefit from the valuable content that we provide. The Real Estate Law Podcast on Instagram and YouTube NextHome Titletown Real Estate on Facebook and LinkedIn Straightforward Short-Term Rentals on Instagram Attorney Rory Gill on LinkedIn Jason Muth on LinkedIn Help us Spread the Word If you've found our podcast helpful, entertaining, or informative, please consider leaving us a rating and review. It only takes a minute and can make a huge difference in helping us reach more listeners. Hospitality.FM The Real Estate Law Podcast is part of Hospitality.FM, a podcast network dedicated to bringing the best hospitality-focused podcasts to those in and around the industry, from Food + Beverage, Guest Experience, Diversity & Inclusion, Tech, Operations, Hotels, Vacation Rentals, Real Estate Law, and so much more!

Are you a cheap landlord, or just a smart landlord? In this week's Friday Focus, host Dan Austin dives into the economics of landlording in an episode inspired by a fiery debate on one of his recent Instagram posts.Dan shares his view on providing amenities like in-unit laundry appliances, balancing the responsibility to provide value and make a profit as a landlord in the decision-making process. He dives into the larger economic factors impacting landlords, like rising property taxes and insurance rates, and how to combat these issues in the current market.You'll learn the economic reality of being a landlord — and spoiler alert; there's most likely no big cash flow in your future as a landlord.Tune in for a quick discussion on landlording, property cycling, and more!Learn more about the Collecting Keys SCALE Community! https://collectingkeys.com/scale/Check 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/ 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/This episode was produced by Podcast Boutique https://www.podcastboutique.com

In the end it's all about cash flow. Flipping is a business that requires your time and presence. Landlording comes with its own set of challenges. How about something that provides cash flow from real estate, but is truly mailbox money? Since 2019 I have been buying super inexpensive houses that need a little work and selling them as-is with seller financing. I'm talking about buying for around $10,000 and selling for $40,000. This model was the rationale for forming the Flipping America Buyers Club. By 2022, with no bank foreclosures for 2 years due to the pandemic, inventory was running low and prices were going up, so it was time to re-think the process. Due to the short pay-back schedule on the previous model, the numbers just didn't work any longer. So I began to look at the alternatives. The idea is fairly simple. If I can buy a house at a substantial discount and sell it with financing for close to a retail price with seller financing, my actual return will be higher than the interest rate I'm charging. For example. Let's say you buy a house for $30,000. If you were to sell it for $30,000 and charge 9% interest, your return would be…9%. What if you sold it for $50,000? Your return on that $30,000 investment goes up to around 15%. So I tried a few of these and guess what? It works! And there are buyers out there. Then I found a guy who has been doing this for years - he has even written a book on the subject. His name is Scott Jelinek and today we are going to talk about this fantastic way to make income in real estate.

Many times landlords feel all alone in their business venture, managing rentals and communicating with tenants.  This can be overwhelming and paralyzing.  My guests today are industry leaders in asset management, but also educating landlords about the leadership aspect.  What a unique concept and strategy!  Join me with Cyndee Harding and Andrew Suarez as we discuss their education program coaching landlords in asset management and leadership!

In an exciting hour with real estate guru Mike Swenson, I was taken on a journey from the purchase of his first townhouse in 2006 to his current success as a savvy investor. Following a few bumps in the road and some lessons learned, Mike and his wife have come a long way since being accidental landlords in 2010. With a few calculated risks and a whole lot of determination, they've become seasoned entrepreneurs in the real estate industry.We also engaged in a fascinating chat about the real estate agents' potential to become successful investors. After all, they have the insider knowledge and tools to make it big. Mike beautifully highlights this point, adding that the trader on Wall Street could land in trouble for insider trading, but this doesn't apply to real estate agents. They've got all the tools right in front of them to make a fortune. Finally, Mike and I shared some nuggets of wisdom for the aspiring entrepreneurs and real estate investors out there. With the abundance of resources available today, it's never been a better time to start your journey in real estate investing. From taking calculated risks to considering real estate as a continuous education, there's a lot to learn from Mike's experiences and valuable insights. If you're ready to embark on your real estate investing journey, strap in for some enlightening conversation with Mike Swenson. We're interested in buying your apartment building from you! Our highly skilled team is here to assist you during the hassle-free process.Contact Us Now!EMAIL: team@premierridgecapital.comWEBSITE: https://www.premierridgecapital.com/Support the show

Superstar Emeli Sandé; Landlording in the USA Karel Cast #249 Superstar Emeli Sandé joined me right before the pandemic. As she is about to release a new album why not revisit that fabulous interview. Then, there's a housing crisis right now, but it's not new. My show from 2017 shows how things have never changed. Enjoy this Labor Day show. Watch on YouTube and listen wherever you get your podcast. Subscribe at YouTube.com/reallykarel @ReallyKarel is all social media and website reallykarel.com The Karel Cast is heard three times a week on all your favorite streaming services and the video can be seen on Youtube. Karel is a history-making #LGBTQ talk show host currently living in Las Vegas with his pup Ember. https://youtu.be/mOqZirsBYJM

Are you ready to uncover the secrets behind building wealth in the multifamily real estate industry? Join host Axel Ragnarson on the captivating Multifamily Wealth Podcast as he sits down with the extraordinary Matt Faircloth, founder of the esteemed DeRosa Group. In their latest episode, they delve into the fascinating world of raising capital and cultivating relationships with investors. Brace yourself for a mind-blowing conversation as Matt shares his unique approach to incentive-based landlord and its profound impact on his industry success. Discover how he measures tenant happiness and creates an unparalleled living environment while effortlessly growing his real estate portfolio. Don't miss out on this must-listen episode packed with invaluable insights. Tune in now and get ready to unlock the secrets of multifamily triumph! Are you tired of competing with other buyers and waiting on brokers to send you deals? Want to learn exactly how you can find more discounted multifamily deals than you know what to do with? Click here to check out our Off-Market Multifamily Deals course, where we teach investors how to develop a robust pipeline of discounted, off-market multifamily deals in six weeks or less. Are you looking to invest in real estate but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners partners with passive investors looking for the returns, stability, and tax benefits investing in real estate offers, but not the work - join our investor club to be notified of future investment opportunities.   Connect with Axel: Follow him on Instagram Connect with him on Linkedin Learn more about Aligned Real Estate Partners   Connect with Axel: Follow him on Instagram Connect with him on Linkedin Learn more about Aligned Real Estate Partners   Connect with today's guest: Connect with him on Linkedin: Learn more about DeRosa Group: Follow him on Instagram

We're kicking off the week by answering listener questions! And if you have a question that you'd like for us to answer on the show, we'd love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - How do I get my reluctant spouse on board with a plan to budget? 2 - What should I do with an old 529 Plan that I was planning on transferring to my kids? 3 - Am I being frugal or cheap by blending my beers myself at a local brewery in order to save? 4 - Should I max out my Roth IRA or my 403b if both are available options? 5 - Is it a good idea to be a landlord while living abroad?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear' is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It's fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don't be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed a Thyyk Hydra by Mortalis Brewing! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you're not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.

Kicking off the week with some stories from the weekend and corresponding questions for the audience. The incredible brave and courageous Nancy Pelosi is going to Taiwan despite the promises of Chinese military response, landlords around the country find themselves in an increasingly impossible position as eviction moratoriums drag on; and we know that Joe Biden isn't getting any better, but the question still remains: Will the elections even happen? Extra questions about the legitimacy of the lotto and some calls made it a great night! Watch the full video here: https://rumble.com/v1eednf-drunk-in-taiwan-landlording-and-will-the-election-happen-8122.html Support Our Proud Sponsors: Blue Monster Prep: An Online Superstore for Emergency Preparedness Gear (Storable Food, Water, Filters, Radios, MEDICAL SUPPLIES, and so much more). Use code 'FRANKLY' for Free Shipping on every purchase you make @ https://bluemonsterprep.com/ Secret Nature CBD: 100% organic CBD rich cannabis flower bred so low in THC that they are legally certified as hemp and can be shipped nationwide. High-CBD, low-THC means all the benefits of full spectrum cannabinoids and terpenes without the high, or negative effects like anxiety and paranoia. Pre-rolls, Oils, Tinctures, and more - Promo Code 'FRANKLY' at SecretNatureCBD.com for 20% OFF SUPPORT the Show and New Media: Sponsor through QFTV: https://www.quitefrankly.tv/sponsor SubscribeStar: https://www.subscribestar.com/quitefrankly One-Time Gift: http://www.paypal.me/QuiteFranklyLive Official QF Merch: https://bit.ly/3tOgRsV Sign up for the Free Mailing List: https://bit.ly/3frUdOj Send Crypto: BTC: 1EafWUDPHY6y6HQNBjZ4kLWzQJFnE5k9PK LTC: LRs6my7scMxpTD5j7i8WkgBgxpbjXABYXX ETH: 0x80cd26f708815003F11Bd99310a47069320641fC FULL Episodes On Demand: Spotify: https://spoti.fi/301gcES iTunes: http://apple.co/2dMURMq Amazon: https://amzn.to/3afgEXZ SoundCloud: http://bit.ly/2dTMD13 Google Play: https://bit.ly/2SMi1SF Stitcher: https://bit.ly/2tI5THI BitChute: https://bit.ly/2vNSMFq Rumble: https://bit.ly/31h2HUg Watch Live On: QuiteFrankly.tv (Powered by Foxhole) DLive: https://bit.ly/2In9ipw Rokfin: https://bit.ly/3rjrh4q Twitch: https://bit.ly/2TGAeB6 YouTube: https://bit.ly/2exPzj4 CloutHub: https://bit.ly/37uzr0o Theta: https://bit.ly/3v62oIw Rumble: https://bit.ly/31h2HUg How Else to Find Us: Official WebSite: http://www.QuiteFrankly.tv Official Telegram: https://t.me/quitefranklytv DISCORD Hangout: https://bit.ly/2FpkS11 QF Subreddit: https://bit.ly/2HdvzEC Twitter: @PoliticalOrgy Gab: @QuiteFrankly Truth Social: @QuiteFrankly GETTR: @QuiteFrankly