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2 episodes with omni casey
2 episodes with omni casey
2 episodes with omni casey
2 episodes with omni casey
2 episodes with omni casey
Omni Casey is a seasoned real estate investor, broker, coach, and published author with over 20 years of experience. Renowned for achieving financial freedom before the age of 30 through his "Passive Income for Life" (PIFL) strategy, Omni has become a thought leader in the real estate industry. He is the author of The Cash-Flow Breakfast Club, a powerful blend of storytelling and actionable advice for achieving financial independence through real estate investing. Omni's real estate career began in Hawaii, where he grew up as one of eight siblings in an entrepreneurial family. Today, he operates his investment company, New Leaf Redevelopers, which focuses on value-add residential and mixed-use projects using his signature "Portfolio BRRRR" strategy. As the founder of the Cash-Flow Breakfast Club, Omni leads a thriving community of real estate investors across the U.S., offering education, mentoring, and networking opportunities. The club empowers members to achieve financial freedom and builds local, hyper-engaged communities of investors. Omni's mission extends to inspiring his three children through hands-on involvement in their family investments. Featured on the Bigger Pockets podcast and dozens of other industry-leading shows, Omni is known for sharing his philosophy of living life in decades—focusing on financial freedom in his 20s, generational wealth in his 30s, and leaving a legacy in his 40s. Omni's dynamic approach to real estate investing, combined with his passion for community building and education, continues to make a significant impact on investors nationwide. CONNECT WITH OUR GUEST https://www.facebook.com/omnitheinvestorguy/ https://www.instagram.com/omnitheinvestorguy/ https://www.youtube.com/c/OmniTheInvestorGuy https://www.tiktok.com/@omnitheinvestorguy https://twitter.com/OmniCasey Chapters 00:00 Navigating the Current Real Estate Market 06:59 Understanding the BRRRR Strategy 12:32 Asset-Based Financing Explained 17:28 Finding Off-Market Deals 23:26 The Importance of Structure in Networking 29:01 Expanding the Cashflow Breakfast Club 36:08 Due Diligence: Key Questions for Passive Investors RANDY SMITH Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor
Learn proven strategies from Omni Casey to build wealth, increase cash flow, and secure your financial future through real estate. Join us for the launch of Charlotte's Cash Flow Breakfast Club and take your investments to the next level! This version is more SEO-friendly by incorporating relevant keywords like "real estate," "cash flow," "Charlotte investors," and "financial freedom." Let me know if you'd like further tweaks! �
Welcome to another exciting Real Estate Trends and Market Updates episode. Today, we're thrilled to introduce you to Omni Casey, a man whose journey from teaching people how to ride the waves in Hawaii to becoming a thriving real estate investor is one to listen to. Omni Casey, the founder of the Cash-Flow Breakfast Club, has a life story that is quite fascinating. Join us as we take you through the highs and lows of his journey, exploring how a career teaching surfing in the scenic paradise of Hawaii led him to the dynamic world of real estate. Discover how he managed to juggle roles as an agent, broker, and investor simultaneously, all while riding the waves of the real estate market. Tune in as he offers valuable insights, lessons, and experiences that can inspire anyone looking to make a splash in the world of real estate.
3 BILLION DOLLAR DEAL… How? Welcome to our latest interview with Omni, the real estate investor who has become a household name in the industry. With a portfolio worth millions of dollars Omni has revolutionized the world of real estate investment, proving that with hard work and strategic thinking, anyone can make it big in the industry. Retiring at the age of 28, Omni's journey is nothing short of inspiring, and we are excited to share it with you. In this interview, Omni shares his secrets to success, providing a rare insight into the mindset of a top-performing real estate investor. From his humble beginnings to his current project worth OVER 3 billion dollars, Omni takes us through the highs and lows of his journey, offering valuable lessons that anyone can apply to their own investments. Whether you're a seasoned investor or just starting out, this interview is a must-watch. Join us as we dive deep into the world of real estate investment with Omni, the mastermind behind some of the most lucrative deals in the industry. With his infectious energy and practical advice, Omni is sure to leave you feeling inspired and motivated to take your investments to the next level. Don't miss out on this exclusive interview - hit that play button now! If you are wanting this kind of success, but struggle being accountable to it, book a free strategy call in the link below so that we can help you figure out the best way to help you achieve your financial success. Show Links: Book a free real estate investing strategy call! No experience necessary. Check out the Real Estate Investing School Youtube Real Estate Investing School Instagram Brody's Instagram Joe's Instagram Omni's Instagram Omni's Facebook Omni's TikTok Omni's Book
ENTER THE 100TH EPISODE GIVEAWAY! SIMPLY FILL OUT THIS SURVEY: https://bit.ly/walk2wealthsurveyAre you ready to be inspired by a true story of overcoming adversity and achieving success? Meet Omni Casey, a real estate expert who went from living homeless in Hawaii to building a successful business coaching hundreds of agents and investors, and growing a massive real estate portfolio and team. In this heartfelt episode of Walk 2 Wealth, you'll hear Omni's powerful story of resilience, perseverance, and unwavering belief in oneself. His journey will not only inspire you but also it will give you the hope and courage to chase your own dreams and never give up on yourself. Tune in now and be prepared to be moved by Omni's story of triumph and to take the first step towards writing your own. Listen to Walk 2 Wealth now!Links From The ShowConnect with Omni:Website: https://www.omnitheinvestorguy.com/ Instagram: https://www.instagram.com/omnitheinvestorguy/ Facebook: https://www.facebook.com/omnitheinvestorguy LinkedIn: https://www.linkedin.com/in/omnicaseyYouTube: https://www.youtube.com/channel/UCEYYRdf_ANWpjfN6vF9Dhrg/videosSupport the showHOW TO SUPPORT THE WALK 2 WEALTH PODCAST: walk2wealth.supercast.com 1. Subscribe, Rate, & Review us on Apple Podcasts, Spotify, YouTube, or your favorite podcast platform. 2. Share Episodes with your family, friends, and co-workers. 3. Donate what you can financially to help us continue to bring great content that inspires you, and people like you around the world!4. GET YOUR BEGINNER'S GUIDE TO START YOUR DREAM BUSINESS: HTTPS://WWW.BIT.LY/WALK2WEALTHGIFT
Joining us in this week's podcast episode is the Real Investor Guy, Omni Casey! He's an author, broker, and real estate investor looking to help by sharing his knowledge with the community he's garnered. He is the author of Cash-flow Breakfast Club, which is also the name of the community he's actively teaching and mentoring. Omni owns and runs New Leaf Redevelopers, a real estate investing business with his wife Chara and their three children (all under the age of 13), keeping the kids involved and teaching them the ins and outs of real estate deals and financial education. He's shared his practical tips and knowledge with thousands of students and helped them make a move toward building a very comfortable nest egg for their retirement through real estate. He discusses the importance of having both a passive and active income in wealth-building and impacting your community along with your legacy. He will share his story, and the worst real estate investment mistake you can make in 2023. Want to make an impact on your community and work on building up your legacy? Listen to the latest episode to hear more from him! What You'll Learn From This Episode: The story of Omni Casey The importance of real estate education Passive Income vs Active Income Impacting your community What is the worst investment mistake people make? Connecting with OMNI@: omnitheinvestorguy.com cashflowbreakfastclub.com Socials: https://www.instagram.com/omnitheinvestorguy https://www.youtube.com/channel/UCEYYRdf_ANWpjfN6vF9Dhrg/videos LinkedIn: https://www.linkedin.com/in/omnitheinvestorguy/?trk=public_post_feed-actor-image Connect with Corwyn@: Contact Number: 843-619-3005 Instagram: https://www.instagram.com/exitstrategiesradioshow/ FB Page: https://www.facebook.com/exitstrategiessc/ Youtube: https://www.youtube.com/channel/UCxoSuynJd5c4qQ_eDXLJaZA Website: https://www.exitstrategiesradioshow.com Linkedin: https://www.linkedin.com/in/cmelette/ Email @: corwyn@corwynmelette.com Shoutout to our Sponsor: ROBYN COLLINS Do you want something more? More Meaningful Moments opportunities, deeper relationships and memorable experiences? Do you want to make a difference? If you say YES, a career and real estate could be the opportunity you're looking for guiding people to one of the most important decisions they ever made, the purchase or sale of their home can be both rewarding and lucrative. Exit Realty has a revolutionary compensation model training and technology that provides you with the tools you need to start and build your successful real estate career. Call me today ROBYN COLLINS with REDROBYN HOMES at 843-557-5003. Again that's 843-557-5003 or visit RedRobynhomes.com/join.exit and make your Exit today. --- Support this podcast: https://podcasters.spotify.com/pod/show/corwyn-j-melette/support
Welcome back Money Makers! This new episode features special guest Omni Casey. Omni is a beast in real estate investing and has accomplished 52 doors in 52 weeks. He is also working on building an entire city! You definitely don't want to miss this episode. Join Indar and Omni as they discuss different approaches to becoming successful as a real estate investor. They cover non-profit business models, networking as an introvert, and the retail real estate market. Start scaling your real estate investing journey with us at https://indarhawaii.com/community and check out @indarhawaii on all social platforms for tips, tricks, and exclusive live interviews with other real estate professionals!0:00 - Welcome back to Hawaii Money Guy!02:20- Meet Omni Casey03:15 - Omni's Retail Era09:22 - How Omni did 52 doors in 52 weeks17:17 - Omni's building a city!20:45 - Why non-profit business models work better29:11 - WHY do we network?39:17 - Q&A: Do you have advice for introverts to network?50:00 - Where to find Omni!
Maximizing the Human Potential Through Coaching It is time for another episode. I am Heneka Watkis-Porter, the host and creator of The Entrepreneurial You podcast. Welcome back to my regular listeners, and a special welcome to you if you are tuning in for the first time. Last week I spoke with Omni Casey. Omni has been a real estate investor, broker, and coach for nearly 20 years who has a passion for building wealth and helping others achieve financial freedom. This week, I will talk with an expert in the online business arena. Before she joins me, I have to thank The Jamaica Stock Exchange for sponsoring the show. My guest on episode 301 of The Entrepreneurial You is Brittany Thompson. Brittany offers 7+ years of corporate experience in online business management, business strategy, outsourcing, and project management. She is also a business coach, accountability partner, owner of Brit MVP, and founder of The OBM Mastermind. Brittany helps solopreneurs, professionals, and small businesses identify, design and delegate processes to save time and generate more leads. Give Away: Listen for Coupon codes for project management software templates. Contact Brittany: https://www.instagram.com/britmvp/ Thank you for tuning in to this episode with Brittany Thompson. What's the standout moment for you today? Send us your feedback at henekawatkisporter@gmail.com or on social media @henekawatkisporter. Remember to follow this podcast on your favourite podcast app or connect with me for all things Podcasting at henekawatkisporter.com According to the Scriptures: “always giving thanks to God the Father for everything, in the name of our Lord Jesus Christ.” Ephesians 5:20 Contact Podcast Host: linktr.ee/heneka_watkis_porter --- Send in a voice message: https://anchor.fm/the-entrepreneurial-you/message
Omni Casey is a real estate investor and broker, and he has been a coach for nearly 20 years. He grew up in Hawaii, but he relocated to Northern Virginia more than 10 years ago where they have been growing their real estate investment portfolio and a top-performing real estate team. I love that he has gotten his children involved in the business too. If you get one thing from this show, it will be that there are many ways to market your business so that it becomes successful. Key Highlights: [00:01 - 10:05] Opening Segment Moving from Hawaii to the USA How Omni learned to build teams and make long-distance investments The importance of learning the skillset, the principles, and how to be successful Understanding the investor mindset [10:06 - 20:06] The Concept of Finding a Group How Omni realized the majority of real estate agents were not investors You need to align yourself with the right people The difference between mentors and coaches How to source deals [20:07 - 31:35] Tips Finding the Right Real Estate Investing Mentors How Omni started out with single-family homes How to manage virtual investing Hiring and firing the right people. Becoming a very unique solution to a very unique problem in the market [31:36 - 39:10] Closing Segment Omni's marketing strategy and how he finds deals Introducing The Cash Flow Breakfast Club Want to connect with Omni? Follow him on Instagram and Facebook. Head to his website to complete financial freedom in five years or less! Resources Mentioned: The New Relationship Marketing for Real Estate Investors The Cash Flow Breakfast Club Key Quotes: “The skill of real estate is transferrable no matter where you go if you understand how to be successful in real estate.” - Omni Casey “Finding mentors, coaches, and masterminds is key to reaching the top in any field, industry, or investment that you want to get to.” - Omni Casey WANT TO LEARN MORE? Connect with me through my website, Instagram, and LinkedIn Or you can send me an email at sharon@sharonvornholt.com Be sure to check out the Louisville Gals Real Estate Blog and my course Probate Investing Simplified. Learn more about this podcast on iTunes, or Stitcher. If you liked my show, please LEAVE AN HONEST REVIEW, like, and subscribe!
Let's Talk Financial Freedom Through Real Estate It is time for another episode. I am Heneka Watkis-Porter, the host and creator of The Entrepreneurial You podcast. Welcome back to my regular listeners, and a special welcome to you if you are tuning in for the first time. Last week I spoke with Will Russell, the CEO of Russell Marketing, specializing in e-commerce launch marketing, which has helped hundreds of entrepreneurs validate their ideas and execute successful launches. This week, I am speaking with a real estate investor, broker, and coach for nearly 20 years Before I bring him on, I have to thank The Jamaica Stock Exchange. My guest on episode 300 of The Entrepreneurial You is Omni Casey. Omni has been a real estate investor, broker, and coach for nearly 20 years who has a passion for building wealth and helping others achieve financial freedom. Omni has coached hundreds of real estate investors, real estate agents and clients alike to create and execute a plan to grow their real estate business, grow their investment portfolio, or both. Omni's focus is to help every team member achieve financial freedom through real estate investing. Over the years, he has moved away from a traditional Broker role and now plays the roles of Financial Freedom Coach, Dream Advocate and Legacy Building Strategist. Give Away: One signed copy of the book The Cash-Flow Breakfast Club won by Venoo Morgan for actively engaging on Facebook during the live recording. Contact Omni:https://www.instagram.com/omnitheinvestorguy/ https://twitter.com/OmniInvestorGuy Thank you for tuning in to this episode with Omni Casey. What's the standout moment for you today? Send us your feedback at henekawatkisporter@gmail.com or on social media @henekawatkisporter. Remember to follow this podcast on your favourite podcast app or connect with me for all things Podcasting at henekawatkisporter.com According to the Scriptures: "I can do all things through him who strengthens me." Philippians 4:13 Contact Podcast Host: linktr.ee/heneka_watkis_porter --- Send in a voice message: https://anchor.fm/the-entrepreneurial-you/message
Originally from Hawaii, Omni Casey has been a real estate investor, broker and coach for about 20 years. He recently published a book called "The Cash-flow Breakfast Club" which shares his story and the path that he took to achieve financial freedom by age 30. He is now in Northern Virginia and runs and agent-investor focused real estate office and is helping other agents and investors achieve financial freedomMain Points:The cash-flow Breakfast Club core steps for financial freedomThe 3 types of real estate investorsThe importance of separating your financial freedom from your legacy and generational wealth goalsHow you make more money once you are able to work for freeBonus: I can talk about a really cool $3B development project in Loudoun County VA which will have a ball park, an arena, mixed use commercial and multi-family. It will also all be built and owned by a non profit where proceeds will go to help subsidize housing and business opportunities for veterans and other underserved or disadvantaged groups in our area.Connect with Omni Casey:Book recomendation: Cash-flow Breakfast Club: A story and a manual by Omni Casey and Chara Caseyhttps://www.omnitheinvestorguy.com/book/omni@omnitheinvestorguy.comhttps://www.linkedin.com/in/omnitheinvestorguy/The Cash-Flow Breakfast Clubhttps://www.omnitheinvestorguy.com/
CONVERSATIONS WITH CALVIN WE THE SPECIES Latest: OMNI CASEY; #RealEstate #Author #investor #Retired at 30 #broker “KEY FASCINATING ELEMENT IS OMNI “retired” at 30. So, he was doing things RIGHT. MUCH to learn from him! A great evocative interview” Calvin https://www.youtube.com/c/ConversationswithCalvinWetheSpecIEs 201 Interviews. GLOBAL Reach. Earth Life. Amazing People. PLEASE SUBSCRIBE (You can almost find any subject you want) ** #realestate #author #Virginia VIDEO TITLE: OMNI CASEY; "Omni The Investor Guy"; Author, 'The Cash-Flow Breakfast Club;' New Leaf Redevelopers (Real Estate); Retired at 30; "Guilt based;" Live from Virginia YouTube: https://www.youtube.com/watch?v=Ce0CG_5souw CONTACTS: https://www.linkedin.com/in/omnitheinvestorguy/ https://www.omnitheinvestorguy.com/new-leaf-redevelopers/ https://www.omnitheinvestorguy.com/ BOOK ON AMAZON: https://amzn.to/3GOxZ8Y ** BIO: Omni has been a real estate investor, broker and coach for nearly 20 years. His real estate career started in Hawaii where he grew up. Over the last 10+ years, he and his family have lived in Northern Virginia and have been very active in both growing their real estate investment portfolio and growing a top performing real estate team and office in Loudoun County Virginia. With a passion for building wealth and helping others achieve financial freedom, Omni has coached hundreds of real estate investors, real estate agents and clients alike to create and execute a plan to grow their real estate business, grow their investment portfolio, or both. As a leader of a very large real estate team, Omni's main focus and goal is to help every team member achieve financial freedom through real estate investing. Over the years, he has adapted his roles, moving away from a traditional Broker role and now plays the roles of Financial Freedom Coach, Dream Advocate and Legacy Building Strategist. ** WE ARE ALSO ON AUDIO AUDIO “Conversations with Calvin; WE the SpecIEs” ANCHOR https://lnkd.in/g4jcUPq SPOTIFY https://lnkd.in/ghuMFeC BREAKER https://lnkd.in/g62StzJ GOOGLE PODCASTS https://lnkd.in/gpd3XfM POCKET CASTS https://pca.st/bmjmzait RADIO PUBLIC https://lnkd.in/gxueFZw edits by Claudine Smith- Email: casproductions01@gmail.com
Today's guest was obsessed during his 20s with obtaining financial freedom. His goal was to be able to retire as early as possible because he wanted to eliminate the need for money. Once he hit his goal, it turns out that retirement just wasn't for him. In his 30s, he started to think about different roles and projects that he wanted to accomplish. He started what is called the Cash Flow Breakfast Club, where he mentors like-minded people in real estate ventures and helps them connect with others of similar interests. Now, in his 40s he is looking to sustain generational wealth by being active in many different business opportunities. To hear more about Onmi Casey and his next moves, please make sure to tune into this week's episode of The Road to Financial Freedom. For more information on CamaPlan:https://www.camaplan.com/Call the number below during business hours (8:30 AM - 5 PM EST) to schedule a phone consultation with CamaPlan: Phone: (215) 283-2868 Toll Free: (866) 559-4430.Follow our Podcast to stay up to date with upcoming guests, and other relevant topics:Facebook: https://www.facebook.com/CamaPlanPodcast/ Instagram: https://www.instagram.com/theroadtofinancialfreedompod/ LinkPage: https://linkpages.pro/EclTdARemember to like, follow, and share on your favorite podcasting platform! For more information on Omni Casey:Info about the $3B project and syndication: https://rei.omnitheinvestorguy.com/CFDP-signup Facebook link: https://www.facebook.com/omnitheinvestorguy/ Instagram link: https://www.instagram.com/omnitheinvestorguy/ LinkedIn link: https://www.linkedin.com/in/omnitheinvestorguy/ YouTube link: https://www.youtube.com/c/OmniTheInvestorGuy CamaPlan SDIRA, LLC CamaPlan, a self-directed IRA administrator, makes alternative investing a breeze for clients.The Road to Financial Freedom is Social! Check us out on Facebook & Instagram!!
Check it out on Spotify: https://spoti.fi/33Z4VsE Check it out on Apple: https://apple.co/3AHc2DT Buying and selling real estate portfolios isn't what Omni Casey was raised to think about. As a middle child in a large family, Omni was never given the “investing talk” and was often surrounded by people who thought landlords were greedy. But, Omni had the entrepreneurial spirit, and through trial and error, found real estate investing to be the most reliable, practical, scalable, and fun business around. He started with a single “condotel” in his native state of Hawaii before branching off into out-of-state investing. For most of the past two decades, Omni never spoke about his investing career to those outside of his immediate family. It wasn't until recently that he started the “Cash Flow Breakfast Club” for agents in his brokerage to talk about investing, financial freedom, and generational wealth. Now, with over one hundred properties, Omni is on a mission to purchase fifty-two properties in fifty-two weeks! Although it's not the end of the year just yet, we're quite confident that he and his team will successfully cross the finish line. Dreams: Grow the Cash Flow Breakfast Club to 100 locations in the next three years. One in every State. Build a mini-city, 3 Billion Dollar Development that is tied to helping out veterans and homelessness Leave a legacy Introduce Them to: Alex Hormozi COO of his entire life. Favorite Book, Movie, or Podcast: Favorite Podcast is the Biggerpockets Podcast Favorite Book is Rich Dad Poor Dad Contact them at: http://omnitheinvestorguy.com/ https://www.facebook.com/omnitheinvestorguy https://www.instagram.com/omnitheinvestorguy/
Check it out on Spotify: https://spoti.fi/33Z4VsE Check it out on Apple: https://apple.co/3AHc2DT Buying and selling real estate portfolios isn't what Omni Casey was raised to think about. As a middle child in a large family, Omni was never given the “investing talk” and was often surrounded by people who thought landlords were greedy. But, Omni had the entrepreneurial spirit, and through trial and error, found real estate investing to be the most reliable, practical, scalable, and fun business around. He started with a single “condotel” in his native state of Hawaii before branching off into out-of-state investing. For most of the past two decades, Omni never spoke about his investing career to those outside of his immediate family. It wasn't until recently that he started the “Cash Flow Breakfast Club” for agents in his brokerage to talk about investing, financial freedom, and generational wealth. Now, with over one hundred properties, Omni is on a mission to purchase fifty-two properties in fifty-two weeks! Although it's not the end of the year just yet, we're quite confident that he and his team will successfully cross the finish line. Dreams: Grow the Cash Flow Breakfast Club to 100 locations in the next three years. One in every State. Build a mini-city, 3 Billion Dollar Development that is tied to helping out veterans and homelessness Leave a legacy Introduce Them to: Alex Hormozi COO of his entire life. Favorite Book, Movie, or Podcast: Favorite Podcast is the Biggerpockets Podcast Favorite Book is Rich Dad Poor Dad Contact them at: http://omnitheinvestorguy.com/ https://www.facebook.com/omnitheinvestorguy https://www.instagram.com/omnitheinvestorguy/
In this episode of the Enterprising Gen-Z Podcast, I talk to Ethan Golding, the co-founder of Team Hustle. Team Hustle is a lead generation agency for coaches, educators & training providers, specifically focusing on TikTok. We discuss why businesses should be on TikTok, what works best – paid or organic ads, and how to create TikTok campaigns for your business to build reach or consumer engagement. This episode of the podcast is sponsored by The Cash-Flow Breakfast Club book, written by Omni Casey, which helps you to become cashflow free through property and real estate investment. Buy The Cash-Flow Breakfast Club book here.Connect with Ethan on LinkedInFind out more about Team HustleConnect with Sam on LinkedIn Find out more about the Enterprising Gen-Z PodcastFind out more about Enterprising Gen-Z Events
When it comes to buying real estate as an investment, you need to have a game plan. But that often changes when the market fluctuates making yesterday's game plan obsolete and creating the need for a new one, or modifications. But successful real estate investors know how to pivot and it's those investors who can teach how to avoid some of the worst pitfalls. In this episode, you'll hear from someone who calls himself “The Investor Guy.” Omni Casey is a real estate investor, broker, and coach with almost 20 years of experience in real estate. It all started in Hawaii, with a fix-and-flip surfboard business. You'll hear that story along with the successes and challenges he's had growing an expansive real estate business and personal portfolio of cash flowing properties. He and his wife, Chara, currently live on the East Coast with their three kids, and are making sure they keep their kids actively involved in the business to help teach them about real estate. Omni also likes sharing what he's learned as a coach for people who want to take their real estate game to the next level. He recently authored a book called "Cash-Flow Breakfast Club." If you'd like to learn more about real estate investing, you'll find lots of information in our Learning Center. Membership is totally free, but members also have access to the Investor Portal, our experienced investment counselors and our curated list of real estate professionals. Join now by going to www.RealWealthShow.com! Please remember to subscribe to the podcast and leave us a review! Thank you!
Welcome to Season 2 Episode 15 of the Enterprising Gen-Z Podcast! On this weeks show we're chatting to Omni Casey, the Founder of New Leaf Redevelopers. Omni is a leading real estate investor from Hawaii, with an immense real estate portfolio across the US. Omni has very kindly sponsored the next two episodes of the podcast, so make sure to buy his book! We talk about how you can get involved in real estate with little to no money, the different investment strategies you can implement and how Omni's Mormon mission in Japan helped him with regards to sales. We also discuss his incredible book, Cash-Flow Breakfast Club, which documents his life, and gives you all of the tools you need to become a successful real estate investor!If you enjoy this episode, please feel free to leave a 5 star review wherever you're listening from. If you're listening on apple podcasts, please leave a 5 star written review. Thanks!Connect with Omni on LinkedIn: https://www.linkedin.com/in/omnitheinvestorguy/Find out more about Omni: https://www.omnitheinvestorguy.comFind more about the Cash Flow Breakfast Club: https://www.amazon.co.uk/Cash-Flow-Breakfast-Club-Story-Manual/dp/B0B1C7QM2Z/ref=sr_1_1?crid=3O2BAMY8SGQPK&keywords=cash+flow+breakfast+club&qid=1667951802&sprefix=cash+flow+breakfast+cli%2Caps%2C371&sr=8-1 and https://cashflowbreakfastclub.comConnect with Sam on LinkedIn: https://www.linkedin.com/in/sam-watson-ceo/Find out more about the Enterprising Gen-Z Podcast: https://www.egzpod.comFind out more about Enterprising Gen-Z Events: https://www.egzevents.com
This week on The Start Down Podcast we are joined by Omni Casey who shares why you should tell your story and start investing in real estate. Omni is a best-selling author, podcaster, and speaker who has dedicated his life to helping others invest in their passions. In this episode, Omni shares his own journey of self-discovery and how he turned his passion for real estate into a successful business. Omni also discusses the importance of storytelling and why it is essential to connect with your audience on a deeper level. If you are looking for ways to invest in your future, this episode is a must-listen!Ep- 182 Omni Casey talk about easy money in real estateFollow us: Guest Facebook: https://www.facebook.com/omnitheinvestorguyGuest Instagram: https://www.instagram.com/omnitheinvestorguy/Guest Website: https://www.omnitheinvestorguy.comGuest YouTube: https://www.youtube.com/channel/UCEYYRdf_ANWpjfN6vF9Dhrg/videosMore episodes: http://www.thestartdown.com/Instagram: https://www.instagram.com/mikeficara/ Facebook: https://www.facebook.com/mikeficara LinkedIn: https://www.linkedin.com/in/mikeficara/ YouTube: https://www.youtube.com/channel/UCOQfxH5L_hNOC-O5hXMxRkg Get my book for only $0.99 with the promo code PODCAST- https://mike-ficara.myshopify.com/ Host: Mike Ficara- https://mikeficara.com/ Guest: Omni CaseyProducer: Ryan GriffithsContent manager: Charlene Gillego
Want to become financially free through real estate? Check out our eBook to learn how to jump start a cash flowing real estate portfolio here https://www.therealestateinvestingclub.com/real-estate-wealth-bookIn this episode of The Real Estate Investing Club I interview Omni Casey, Omni has been a real estate investor, broker, and coach for nearly 20 years. His real estate career started in Hawaii where he grew up. Over the last 10+ years, he and his family have lived in Northern Virginia and have been very active in both growing their real estate investment portfolio and growing a top performing real estate team and office in Loudoun County Virginia. With a passion for building wealth and helping others achieve financial freedom, Omni has coached hundreds of real estate investors, real estate agents and clients alike to create and execute a plan to grow their real estate business, grow their investment portfolio, or both. As a leader of a very large real estate team, Omni's main focus and goal is to help every team member achieve financial freedom through real estate investing. Over the years, he has adapted his roles, moving away from a traditional Broker role and now plays the roles of Financial Freedom Coach, Dream Advocate and Legacy Building Strategist.. Omni Casey is a real estate investor who has a great story to share and words of wisdom to impart for both beginning and veteran investors alike, so grab your pen and paper, buckle up and enjoy the ride. Want to get in contact with Omni Casey? Reach out at Facebook link: https://www.facebook.com/omnitheinvestorguy/Instagram link: https://www.instagram.com/omnitheinvestorguy/Bio link here https://www.omnitheinvestorguy.com/new-leaf-redevelopers/Common speaking/training topics here https://www.omnitheinvestorguy.com/speaking/Linkedin link: https://www.linkedin.com/in/omnitheinvestorguy/Youtube link: https://www.youtube.com/c/OmniTheInvestorGuyEnjoy the show? Subscribe to the channel for all our upcoming real estate investor interviews and episodes.************************************************************************GET INVOLVED, CONNECTED & GROW YOUR REAL ESTATE BUSINESSLEARN -- Want to learn the ins and outs of real estate investing? Check out our book at https://www.therealestateinvestingclub.com/real-estate-wealth-bookCONNECT -- Want to join one of the most active Facebook Groups for Real Estate Investors? Click here to join: https://www.facebook.com/groups/2940993215976264PARTNER -- Want to partner on a deal or connect in person? Email the host Gabe Petersen at gabe@therealestateinvestingclub.com or reach out on LinkedIn at https://www.linkedin.com/in/gabe-petersen/GROW -- Want for us to bring you leads and run your real estate digital marketing? Reach out to our partner agency at https://www.therealestateinvestingclub.com/off-market-lead-generation-servicesWATCH -- Want to watch our YouTube channel? Click here: https://bit.ly/theREIshowMASTERY -- Want to learn hSupport the show
Want to become financially free through real estate? Check out our eBook to learn how to jump start a cash flowing real estate portfolio here https://www.therealestateinvestingclub.com/real-estate-wealth-bookIn this episode of The Real Estate Investing Club I interview Omni Casey, Omni has been a real estate investor, broker, and coach for nearly 20 years. His real estate career started in Hawaii where he grew up. Over the last 10+ years, he and his family have lived in Northern Virginia and have been very active in both growing their real estate investment portfolio and growing a top performing real estate team and office in Loudoun County Virginia. With a passion for building wealth and helping others achieve financial freedom, Omni has coached hundreds of real estate investors, real estate agents and clients alike to create and execute a plan to grow their real estate business, grow their investment portfolio, or both. As a leader of a very large real estate team, Omni's main focus and goal is to help every team member achieve financial freedom through real estate investing. Over the years, he has adapted his roles, moving away from a traditional Broker role and now plays the roles of Financial Freedom Coach, Dream Advocate and Legacy Building Strategist.. Omni Casey is a real estate investor who has a great story to share and words of wisdom to impart for both beginning and veteran investors alike, so grab your pen and paper, buckle up and enjoy the ride. Want to get in contact with Omni Casey? Reach out at Facebook link: https://www.facebook.com/omnitheinvestorguy/Instagram link: https://www.instagram.com/omnitheinvestorguy/Bio link here https://www.omnitheinvestorguy.com/new-leaf-redevelopers/Common speaking/training topics here https://www.omnitheinvestorguy.com/speaking/Linkedin link: https://www.linkedin.com/in/omnitheinvestorguy/Youtube link: https://www.youtube.com/c/OmniTheInvestorGuyEnjoy the show? Subscribe to the channel for all our upcoming real estate investor interviews and episodes.************************************************************************GET INVOLVED, CONNECTED & GROW YOUR REAL ESTATE BUSINESSLEARN -- Want to learn the ins and outs of real estate investing? Check out our book at https://www.therealestateinvestingclub.com/real-estate-wealth-bookCONNECT -- Want to join one of the most active Facebook Groups for Real Estate Investors? Click here to join: https://www.facebook.com/groups/2940993215976264PARTNER -- Want to partner on a deal or connect in person? Email the host Gabe Petersen at gabe@therealestateinvestingclub.com or reach out on LinkedIn at https://www.linkedin.com/in/gabe-petersen/GROW -- Want for us to bring you leads and run your real estate digital marketing? Reach out to our partner agency at https://www.therealestateinvestingclub.com/off-market-lead-generation-servicesWATCH -- Want to watch our YouTube channel? Click here: https://bit.ly/theREIshowMASTERY -- Want to learn Support the show
Omni has been a real estate investor, broker, and coach for nearly 20 years. Omni has coached hundreds of real estate investors, real estate agents and clients alike to create and execute a plan to grow their real estate business, grow their investment portfolio, or both. Over the years, he has adapted his roles, moving away from a traditional Broker role and now plays the roles of Financial Freedom Coach, Dream Advocate and Legacy Building Strategist.Episode Highlights- Achieving financial freedom- How Omni sources deals, raises capital and manages properties - Criteria for selecting a market for investments - The math around inflation and real estate investment - Details around Loudoun County Development project- Best and worst real estate investing experienceBook Recommended:- Miracle Morning Get in touch with Omni:Website: https://www.omnitheinvestorguy.com/ Grab your freebie - Tips for Multifamily Investing at www.ushacapital.comFound this episode insightful? Show us some love by spreading the word on social media or rating and reviewing the show here - https://podcasts.apple.com/us/podcast/multifamily-ap360/id1522097213Follow Rama on socials!LinkedIn | Meta | Twitter | InstagramConnect to Rama KrishnaE-mail: info@ushacapital.comWebsite: www.ushacapital.co Mortgage Connects, an MGIC PodcastInsights and tips from top mortgage industry pros!Listen on: Apple Podcasts Spotify
In the 128th episode of Cash Flow Pro, we talk with Omni Casey, founder of New Leaf Redevelopers. Omni has been a real estate investor, broker, and coach for nearly 20 years. Over the last 10+ years, he and his family moved from Hawaii to Northern Virginia and have been very active in growing their real estate investment portfolio. He has coached hundreds of real estate investors, agents, and clients to create and execute a plan to grow their real estate businesses. Omni's focus and goal are to help every team member achieve financial freedom through real estate investing. In this episode, we discuss: Curating a high-standard team High-end property management Selling your real estate portfolio and proper exit Starting a real estate podcast The Cash-Flow Breakfast Club: A Story and Manual The power of the word to mouth and networking Make sure to tune in to this episode to find out more! Find your flow, Casey Brown Resources mentioned in this podcast: omnitheinvestorguy.com https://www.linkedin.com/in/omnitheinvestorguy/ https://www.instagram.com/omnitheinvestorguy/ Twitter @OmniInvestorGuy
Say Aloha (and a preemptive Mahalo) to this week's guest Omni Casey, the co-author of The Cash-Flow Breakfast Club and Founder of New Leaf Redevelopers based in northern Virginia. We don't want to spoil too much of Omni's background but let's just say he's been an entrepreneur since his childhood, and that hunt for margins made his dive into real estate investing a no-brainer. Over his career his picked up a few titles: investor, broker, and now author thanks to the book he wrote with his wife. In this episode, Omni tells us the biggest lessons in The Cash-Flow Breakfast Club, the very interesting way it is written, and how his career plays into parenting. Omni really is a Dream Advocate and you'll see why. You can find Omni's Book Here: https://www.amazon.com/Cash-Flow-Breakfast-Club-Story-Manual/dp/B0B1C7QM2Z You can find Omni Here: www.omnitheinvestorguy.com/ www.instagram.com/omnitheinvestorguy/ --- Send in a voice message: https://anchor.fm/yieldcoach/message
In this episode, Omni Casey shares his strategy for acquisition and leveraging property managers, which gave him a free hand to even grow his business and keep the cash flowing. Tune in and find out how he went from flipping surfboards to flipping real estate. CASHFLOW Board Game New Leaf Redevelopers The Miracle Morning The Cash-Flow Breakfast Club BiggerPockets The Multifamily Millionaire, Volume I The Multifamily Millionaire, Volume II
Today's Guest: Omni Casey Omni is a real estate investor, broker, and coach who has been in real estate for nearly 20 years. He is also a co-owner of New Leaf Redevelopers, with his wife and three kids, and Co-Author of THE CASH-FLOW BREAKFAST CLUB. His real estate career started in Hawaii, where he grew up, but for the last 10+ years, he and his family have been living in Northern Virginia, where he has actively been growing their real estate investment portfolio and a top-performing real estate team. His mission is to help others achieve their financial freedom, and he has coached hundreds of real estate investors and agents to create and execute a plan to grow their investment portfolios. Omni has recently been featured as a guest on the BiggerPockets Podcast, along with many other popular shows. Highlights From The Show: We begin the episode with Omni sharing his background story and how he ended up in real estate. Omni shares that he grew up in a very entrepreneurial family that had a few companies in construction. He knew he wanted to be an entrepreneur but didn't know it would be in real estate. He ran several retail businesses prior to real estate, and just like many in the game, he was inspired to go down this path by the Rich Dad Poor Dad book. He sought mentors, coaches, and masterminds' guidance and started his real estate career in Waikiki as an investor and later became an agent. For the last 20 years, Omni has been pouring himself into real estate as an investor and broker. He is now located on the East coast, where his wife comes from, and they are investing all over the country. We then talk about how Omni got his mentor and developed his learning processes to a point where he was ready to launch his business. He was looking for someone in real estate to be his mentor, and he found one of his customers who happened to be an experienced investor. The mentor looked for the pain points in his business and Omni offered to help and provided value by doing a lot of groundwork until he had enough experience and money to start his own investing. His mentor was doing multi-family, residential, and commercial investing, but he backtracked to smaller deals so that Omni could be involved. When it was time to do his own thing, he started with a realtor license to remove the roadblock of getting the right agent. Next, we talk about how Omni started his investment journey. Omni shares that he and his mentor were investing heavily in condos and lightly in single-family homes in Waikiki. Once he had enough money and wanted to branch out to do his own thing, he couldn't afford anything in Hawaii, so he had to find other markets. He started investing in single families and duplexes throughout the United States in the markets that met his budget. Omni tested many markets and bought properties in low-profile areas. He learned, and now he is in great areas and has been able to assemble good teams that are making his investments more passive for him. We then talk about Omni's strategy of finding and acquiring deals. According to Omni, his primary real estate strategy is buying and holding for the long term. They do the BRRRR strategy, but sometimes they do flips and wholesale properties they don't want to keep in their portfolio. Omni shares that they rely heavily on wholesalers to find deals, and he has been overly committed to becoming their number one client. Last year turned out to be their best year. They do cash purchases, then refinance and use the BRRRR method to reposition financially to fix and wholesale properties they don't like. Lastly, we talk about how he was able to purchase so many properties last year in a strong seller's market and his plan for the next five to ten years. He started coaching people on how to invest, and the number one complaint was that there were no deals, and he wanted to prove to them that there were deals. According to Omni, when people start to get nervous about buying, that is when he goes all in and makes his offers. Real estate has never let him down in his strategy of buying and holding long-term because it works in any market. Omni also shares that everything he is doing now is to educate his kids, the people he is coaching, and get into things that will stretch his comfort zone. Make sure you don't miss another amazing episode of the Just Start Real Estate Podcast with Omni Casey and get valuable information on how to utilize mentors to launch your business! Notable Quotes: “It's hard to find an agent that knows how to help an investor.” Omni Casey “When you want to learn from someone who is doing it, don't do it with a ‘tell me what I can do' mindset. Look for their pain points and be a solution.” Omni Casey “Taking action is the common denominator for every successful person in any industry. Stop waiting for everything to be perfect and just start.” Mike Simmons “Buying and holding properties for long-term works on any market, even in a strong seller's market.“ Omni Casey Thank You for Listening! Connect with Mike on Twitter, Instagram, YouTube, Linkedin, Facebook Help Out the Show: Leave an honest review on iTunes. Your ratings and reviews really help and I read each one. Subscribe on iTunes. Resources and Links From Today's Show: Omni Cash Flow Book Omni on Instagram Omni on Facebook Omni on YouTube Rich Dad Poor Dad More Resources From Mike: Level Jumping: How I Grew My Business to Over $1 Million in Profits in 12 Months WINNING DIRECT MAIL - How to CRUSH IT with direct mail! 7 Figure Investor Video Course - Scale your business to 7 figures. I'll show you how!
Omni Casey was born and raised in Hawaii, where he launched his career as both a real estate investor and a broker. After relocating to Virginia 12 years ago, Omni and his wife transitioned from single-family homes to purchasing entire mom-and-pop portfolios. In this episode, he shares his thoughts on the benefits of buying mom-and-pop portfolios, changing his strategy based on the changing economic and political climate, and the importance of separating financial independence from building wealth. Click here to purchase Omni's new book, The Cash-Flow Breakfast Club: A Story and a Manual. Omni Casey | Real Estate Background Real estate investor at New Leaf Redevelopers and managing broker at Weichert Realtors. The family investment business focuses on buy-and-hold deals that are small to mid-sized multifamily properties. Portfolio: GP of: 170 units Five commercial properties Two mixed-use properties One small storage rental building A commercial retail unit A flex/warehouse space Based in: Ashburn, VA Say hi to him at: my.cashflowbreakfastclub.com/freebook Facebook Instagram YouTube Best Ever Book: *Multifamily Millionaire* by Brandon Turner Greatest lesson: There are benefits to understanding the changing economic indicators and how that changes the investing strategy that you may want to focus on. Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com
Omni Casey, along with his wife and kids, owns and operates New Leaf Redevelopers, which is their family real estate investing company. Although they tackle many different types of investment projects, their primary focus has been to purchase vacant and barely habitable properties, fix them up to be the nicest property on the block, then rent them out at affordable rates. Omni has been a real estate investor, broker, and coach for nearly 20 years. His real estate career started in Hawaii where he grew up. Over the last 10+ years, he and his family have lived in Northern Virginia and have been very active in both growing their real estate investment portfolio and growing a top-performing real estate team and office in Loudoun County Virginia. With a passion for building wealth and helping others achieve financial freedom, Omni has coached hundreds of real estate investors, real estate agents, and clients alike to create and execute a plan to grow their real estate business, grow their investment portfolio, or both. Today, we talk about whether it is worth it as an investor to get your real estate license or not. Episode Link: https://www.omnitheinvestorguy.com/ https://www.instagram.com/omnitheinvestorguy/?hl=en https://www.facebook.com/omnitheinvestorguy --- Transcript Before we jump into the episode, here's a quick disclaimer about our content. The Remote Real Estate Investor podcast is for informational purposes only, and is not intended as investment advice. The views, opinions and strategies of both the hosts and the guests are their own and should not be considered as guidance from Roofstock. Make sure to always run your own numbers, make your own independent decisions and seek investment advice from licensed professionals. Michael: Hey, everyone, before we get started, I want to encourage everyone to actually go share this podcast with one person, you know, we are trying to get the word out there to help all investors all across the country and throughout the world. So if you know someone that is looking to get in investing, please go share this podcast with them and encourage them to the same. It's also really helpful for us if you could leave us a rating or review wherever it is get your podcast. Thanks so much, happy investing. Hey, everyone, welcome to another episode of the Remote Real Estate Investor. I'm Michael Albaum and today with me I have a returning guest Omni Casey, agent, broker investor entrepreneur, he's gonna be talking to us today about is it worth it as an investor to get your real estate license and vice versa, so let's get into it. Hey, everyone just wanted to give a quick shout out and encourage everyone before we get started here to go check out the Roofstock Academy at roofstockacademy.com, it is an education program that we talk about all the time on the podcast, we've got different price offering tiers depending on what it is you're looking for. We've got one on one coaching, 50 hours of on demand lectures, Slack channels, private forums and a whole lot more, as well as money back on your marketplace fees if you're transacting in the marketplace. So come check us out rootstockacademy.com. I look forward to seeing you in there, I'm not a cash flow guy. Welcome back to the show, man, thanks for coming on hanging out with me today. Omni: Like that, thanks for inviting me back, Michael. Michael: No, of course. So last time, your book hadn't yet come out but you were just sharing with us that now it is available. So before we get to the episode, what is it and where can people find it? Omni: Excited, so cashflow Breakfast Club, sign up on the back there as well. So it's on Amazon, finally, you know, both eBook and print is available. Actually, we sold out the first week. So if you go on Amazon right now, it might be like a delayed a couple of weeks but you'll get it and we're working through some voice talent right now to do the audiobook. I'm not comfortable doing it myself, so we're hiring somebody out to do that, so hopefully in the next month or so we'll have the audio version as well. Michael: You should go get Obama to do it. He did and he did that naturally. Omni: I saw that I think he's a little out of my budget but you know what, maybe on the next book Michael: On the next book, all right. All right, cool, well, today, I mean, last time we had you on, we were talking about your book and kind of your story and your journey. Today, we're talking about something a little bit different and that's really should people who want to be investors go get the real estate agents license and so would love if you could shed a little bit of light around how you did it and then I got a lot of questions for it because as I've shared with you, my wife's going through the same question, so we're going to talk through it. Omni: Yeah, absolutely and it's a great question and it's not a simple yes, or a simple no, no, some people go on, absolutely get your license and some people say no, don't do it. You know, back to my original story, I started investing before I was an agent and I got my license fairly soon after, because one, I think I'm a control freak and so it helped me to control the information and the data and the access to speed. You know, and I would say, when I started, there weren't many real estate agents that understood how to help real estate investors rallies, I didn't, I didn't know where to find them and so it allowed me to one, understand that if I wanted a good agent, I need to become a good agent myself. So I went down that path. Now there's a lot more information, so it's not a necessity, because there's a lot of great agents out there that know how to help investors just got to find the right agent to do that and then there's a lot of good information, you know, outside of just from real estate agents as well. So it's not a necessity, but the when someone comes to me, after they hear my story, and they say, Okay, you're an agent, and you're an investor, that must be it and, and really, you know, my kind of go through processes just kind of tell me like what drives you? What's your motivation because the reality is most people are not built to be real estate agents and so the reality is, it's actually much harder than people think it's a very detailed process of owning a business and if you're not built to own a business and be your own boss, and be a successful boss, right, some people are good employees, but they're terrible bosses and so, if you are not driven to be a really good boss to hold yourself accountable, you're gonna probably not be a successful real estate agent and I usually tell people, get an agent if you become an agent if you plan to use that as your active income if you plan to, whether it's full time or part time, make them money from it, then go for it. But you have to commit the time to becoming successful at that and then if you earning cashflow as an agent helps you become a better investor and have more capital to invest in, it's a win win but if you're only getting your license as one option to, you know, because you're an investor, you think I should have my license, well, why won't why don't you become a contractor? Why don't you become a property manager? Why don't you become so many other things along the way, real estate agent is a very integral part of the process of becoming successful, successful real estate investor, it doesn't necessarily mean that you need to be that. So that's kind of where I start and then it kind of takes us on a very few various tangents from there. Michael: That makes total sense and I mean, it really gets I love that question. I've never thought to ask someone that because I get asked all the time, like, should I go get my agents license, and I don't have mine and for kind of a specific reason, really, to your point that you mentioned, but it kind of gets to the problem. I think of so many people starting out small businesses like, oh, I don't need that person, I could do it better myself and that sounds like the struggle that you went through of like, I can't find a good agent, I gotta go become the expert. I gotta go do it myself, knowing what you know. Now, are you glad you did that? Omni: Oh, absolutely. So it turns out I love being an agent. Starting out, I almost had no knowledge of it. Right. So I've been doing this about 20 years now and I had no real knowledge of what a real estate agent does. I had some friends and family that were but it wasn't like on my plan, right? So I was an entrepreneur, and I didn't really look at being an agent as running your own business. It wasn't until I got my license, that I realized it was a really cool business and of itself. So real estate investing, I look at that as a standalone business and then the real estate agent side is as a standalone business as well and so it's no different than if you were to go open up a Subway franchise or some other business, you are the owner and probably the only employee to start, right and so both as the owner and as an employee, do you have the skill sets to run both of those until your business is profitable enough that you can step back and be just an owner? If not, you're always going to be an employee. If we go back to Robert Kiyosaki, it's a Cashflow Quadrant book, right, you have the various quadrants you have the employee, the self-employed, the business and investor quadrants, the self-employed means you own your job, but it's still a job, and you make no money at a job that you don't work at. So I loved it and I became a very successful real estate agent and eventually transitioned into becoming a coach and a broker, have an office about 100 agents right now that I kind of coach and train and so I lucked out, because it became a passion for me. But starting out It by no means I had no goal of becoming a top agent or actually being a successful agent. What I realized now is to be a to really scale your investments at a high level or at a level that were to my ambitions, I needed scalable income and any job out there most jobs are not scalable, meaning I'm going to work and I'm going to make about the same amount no matter what, and maybe there's some performance bonuses in there. But you're always kind of capped at what you can do, real estate as an agent truly is one of the most scalable incomes you can have and I've leveraged that because I've put deals under contract early on in my investing career that I could not afford, like it was too good to pass up and I just put it under contract and I'm like, I'm gonna buy this no matter what I don't have the money to buy it. I don't know how. So I've got to go find a partner or I've got to go earn income and my highest producing agent, income wise months, were tied to me putting myself in a position that I needed to earn money, and I needed that extra income. So you go out, you can make 5060 $80,000 in a short period of time, because you need it because it turns out, I don't really care about money, and I don't need it and I earn exactly what I need to be at my comfort level and so finding ways to push yourself outside of that comfort level. To need more income was the trick for me to kind of have really high production productions as a real estate agent. Michael: I love that. There's a I don't know, forget who told the story or of what King or conquer but they talked about, like getting to a beach coming on boats and then burning all the ship because going home is not an option. So you better win the freaking battle because there's no other choice. So I love that putting that I mean really turning the pressure up on yourself intentionally to perform. Omni: That's great that definitely burned the ships behind you is really what it comes down to and although prior to becoming an agent, I was a you know, business owner, entrepreneur and in sales. So I've always been used to that. But the complete scalable income where you can make zero or you can make $100,000 in a month really depends on how hard you work and the results of your effort, right. It's not just clocking in and feeling like hey, I put in a hard day's work is like no, I need to do things that were actually leading to productivity leading to contracts and sales and so you can, you can be as successful as you're motivated to be. Michael: I think that's, that's such a good point that I kind of want to spotlight on as an employee, you show up and get paid, kind of independent of what you do. I'm not saying you can't get fired, right? There's performance stuff, but like, all you have to do is kind of show up and do the bare minimum and you'll get by, versus as an entrepreneur, as a business owner. If you don't do the things that are getting results that are actually moving the needle, you probably aren't getting paid. Omni: Yeah, absolutely, absolutely and so, so back to the original question, right of should I get my license? If I'm a real estate investor or want to be a real estate investor? It's yes, if you're going to use it as active income, and it's maybe if you're going to do if you're going to use it as so. So most people think I'm going to get my license to save commissions on my deal, right? Like, I'm licensed in five states. I don't earn commissions on my deals, because I make sure everyone else my I hire agents still because one, I don't have the time to do that anymore myself starting out. Sure, I was involved in some deals but actually getting your license to just save on commissions could backfire on your success because starting out, I said, oh, that's cool. I'm going to make money on every deal that I do and other agents knew that I was an investor. Other agents saw me as alright, well, if I send someone to this guy or tell them about a lead, they don't have an opportunity to make Commission's because I was going to be making the commission. So it wasn't until I figured out I tell everyone, I want to pay you well, I even though I'm an agent, I want you as an agent to get paid on this and I started telling everyone agents and wholesalers that I will pay you extremely well, if you bring me an off market deal. That made it easy for them to bring me off market deals, because now I wasn't they weren't worried about me cutting them out of some sort of potential listing fee or biography down the road. Michael: That's such a great point. I'm going to two statements that I'm going to make and I want you to evaluate which one you think is more true. Investors make great agents, or real estate agents make great investors. Omni: Oh, man, both are false 100%. I love the way you frame both of that. So I will say investors make great agents. Some investors, it takes a certain mindset, right. So from a real estate agent standpoint, or I guess you can pull out from a business owner standpoint, you really need a visionary and an integrator and kind of goes back to that book. I was at rocket fuel. No, there's, there's another one. Michael: Is it a traction? Omni: Traction? Yes, traction. Thank you. Michael: I haven't read it. But someone just mentioned that in the course… Omni: Traction and rocket fuel, both by Gino Wickman talks about the visionary and integrator and most people starting out, you're just one person, and you got to figure out how to be both. But really, there are different, you know, mindsets altogether and so from an investor's standpoint, you will reach your limit as either an integrator or visionary unless you start to build the team or hire beyond that and as a real estate agent, as well, a visionary, usually those are the ones that like had the big vision, they're usually you know, out and social and they're kind of building, you know, ideas and kind of getting people excited. But then the details fall through the cracks and they don't have the ability to actually execute on their plan. They get people to say, yeah, help me buy help me sell, but they don't have the details in place to do them. So it's actually easier to be a visionary and hire out from for administrative purposes, from the integrator standpoint, than being an integrator and hiring out on the visionary standpoint. But once again, those are just roles and we all play both roles until we get big enough to go beyond that. So from the investor standpoint, most are visionaries, most are absolutely visionaries, but you get to the point where you don't have the details in place or maybe you don't even value the details of what the real estate agent does and the investors that have been investing for a very long time, especially at a high level, getting into real estate, they're saying I don't understand the purpose, I don't understand why we're talking about, like this $5,000 commission or this one little transaction. So it's hard for them to bring them into the moment as a successful investor. From a from a real estate agent standpoint, unfortunately, most real estate agents actually get into the business and unless they connect with an investor or investor broker like myself, they actually look at real estate investors as like, like, I don't want to deal with you like the worst clients in the world, right? So there's almost as friction between the two was spoken or unspoken and really, it's only the agents that get in with the mindset of I think I want to do both, or the investors that get in the mindset that I think I want to do both you're almost ruining yourself from jumping over to the other side. Once you're established as an agent, or as an investor, it's very tough to cross over from what I've seen. Michael: Interesting. Okay and why do you think some agents don't like working with investors because objectively A, I would want to work with me humblebrag. But like, it seems like we're so much more fact driven and numbers driven, as opposed to an owner occupant. You know, I don't like the paint color. I don't want this house. Like, I don't care about the paint. If the numbers make sense, great. It's a go for me. So why do you think that is? Omni: So I think, just like any industry, the inexperienced investors and the, the, the investors that I've never invested before, give everyone else a bad name, right because they're all about one, they don't have the money to actually hire somebody and pay for the services. So they're trying to use and abuse as many people as possible, because that's what they were taught to do, and pay nothing for it and make no commitments, right. No, I'm not going to sign an agreement with you and so, so they are one, the least committal group out there. They are the cheapest group, they're always trying to, you know, Beat Agents down for their commissions and their fees and things like that and so I'm not saying that's everyone I'm saying, if I'm a terrible investor, and don't know how to find or put under contract deals with good margins, that I might be pressured to make sure I'm paying nobody along the way, right, because I'm making only make a little bit of money, you can't make money, I can't have my agent make more money than I'm making on the deal, right. So that's the, the beginner or the novice investor mindset, where I think Robert Kiyosaki is the one that kind of ingrained in me and many people that you pay, your vendors will pay your broker as well and the more I decide to pay, like, if the going rate for a commission is 3%, I'm paying 4%, I pay above market rate, because I want everyone to see me as a more profitable venture for them to actually take them down the path of getting a deal sold and so, you know, the margins need to make sense, but I just don't buy the deal. If I can't pay my brokers, pay my agents pay my contract as well, and get a good deal because that relationship is far more valuable than that one deal. I need to make sure that that agent, or that wholesaler, or that contract, or whatever it wants to do business with me over and over and over again and they put me at the top of the line, when there's all these other newer investors out there are newer agents that want to work with them. Hopefully, they're thinking about me first. Michael: That is a great point, that's a great point. I'm not I feel like everybody and their brother and sister are real estate agents. We all know someone, we may even have some in our family, how can you get in the business and separate yourself and what seems like already a pretty saturated market, if you decide that's the route for you, getting your license, make sure. Omni: So my wife is not licensed and she helps me on the investment side and like every other year, she's like, maybe I should get my license, maybe I should get my license. I'm like, you would be a terrible agent, right. So and I love my wife. She's amazing at what she does. But I know what she would not be willing to do, right and so to set yourself apart, you need to establish that you're different or you need to establish some sort of differentiator, right and if not, then to be a successful agent, it's okay, well, can I be the cheapest and the reality is there's so many cheap agents out there that are willing to reduce what their cost of services are. But it also reduces the quality of service and just like that gives investors a bad name to agents, right. I only deal with investors that never buy properties, or that do want me to make 1000 offers before they actually put in a reasonable offer, right. Same thing on the, in the real estate industry. There are many real estate agents that got their license, because one, it's easy to get your license, and there's such a low barrier of entry and they really didn't, they just they just said, Alright, I'm going to do this as a hobby, maybe not as a business and so because of that, for them to be competitive, they got to be make themselves at a lower rate, but they can't afford to offer the same level of service and so from an investor standpoint, you're like, I hired the worst agent in the world, that agent wouldn't return my calls, didn't know what he was doing wasn't educated. Well, that's what you want it right. You wanted the cheapest agent out there, and you get what you pay for. So it is a self-fulfilling prophecy in terms of who you end up with but someone just getting in and getting their license, it comes to education. So I think I bounced around from a few different brokerages throughout my career and it wasn't until I found like a mentor and someone that was willing to kind of take me under my wing and say, okay, you got potential, but you're all over the place. Do you need to kind of stay organized and put a plan in place. I don't think I would have made it right, I needed that direction. So having the coaches the mentors and the masterminds that I relied on the investing side, same thing on the real estate agent side, also the essential and I'm although I'm a visionary to start, I do get very analytic Call and so I try to calculate the ROI of everything right, the ROI of my dollars is easy to track. But the ROI of my time now, you're telling me I need to go sit at an open house on the weekend. And you know, I'm talking to people, but what's my ROI on that, right. That's three hours or four hours or five hours, I'm sending out postcards, what's my ROI on building a business and so you know, I got really good at tracking everything I did from the beginning, and actually writing down the results over a period of time off, alright, if I did an open house, and I made on average $10,000, let's just say every time I sold a home, and it took me five open houses to sell one home, I got to figure out what my ROI was, right. So every time I did an open house, I made $2,000, or you know, something along those lines. Turns out, I was really good at drinking coffee. So that became like, my number one business generator was meeting people drinking coffee with them connecting with them on a one on one basis at our favorite coffee shop in Hawaii and then it's not, Hi, I'm an agent, I want to sell you real estate, it really is sitting down with them and you know them somehow they might be a relative, they might be a friend, you might barely know them from social media, wherever your relationship is here. You're just trying to take your relationship to there and it's not whether or not that person in front of you, buys or sells with you, which is the end goal for most real estate agents, it really comes down to, is that person in front of you? Do they like you? Do they trust you and would they actually refer their family and friends to you, because there's no guarantee they'll actually ever buy in the next 10 years, right? You're building this relationship for something that might not turn into a transaction but if they are saying, hey, I like this guy and at some point, I'm going to hear about someone that needs a good agent. I'm gonna feel good referring Omni as my agent, that became it. So I realized that I can build those relationships, one on one, at my favorite coffee shop back to back, you know, sometimes I would sit down and have two or three meetings back to back of just having coffee, sometimes breakfast with people and just building the relationship that eventually turned into referrals. Michael: That's great. Sounds like you're very caffeinated for quite some time and you're very caffeinated… Omni: Very caffeinated. I switched to decaf, decaf, usually around the third person but the ROI at some point got to like $6,000 per coffee meeting, right. So I figured out what my average commission was and how many coffee meetings I needed to get to enough referrals to get the clothes that I was making about $6,000 for a 45 minute coffee meeting, I was motivated to have a lot of coffee meetings. Yeah and from a broker coach standpoint, I go to the same organization with every one of my agents, I say, okay, how do you figure out your ROI and what you're good at everyone's good at something different but once you know, what you're making per activity, how do you motivate yourself to continue to do that activity and that's really the key, like, keep yourself motivated? Michael: Yeah, no, that's so good. That's so good. I think we could do the exact same thing from the investor side is like, okay, what how, you know, how are you networking? What is the activity you're doing and what is the ROI. That's great man, absolutely curious to get your thoughts, because you've been on both sides of the coin, like, what should investors be doing to a, like, be good to work with to be a good investment be a good client for their agents but also, how do they go find a good investor friendly agent and how can you kind of, you know, how do you break up with a bad one? Omni: Yeah, that's a really good question. I think there's a lot of online forums now, with investor friendly agents or agents that are at least advertising as investor friendly. No, I think it'd be hard for me to work with an agent that is investor friendly, but doesn't invest themselves, right. So, so it's a simple conversation, like, what are they doing? Are they actually investing in not to say it's required, but at the level that I need right now, of the amount of transactions I do in the advisor, I'd love if my agent could actually be an advisor, right, so I think I understand the investment standpoint, but they should know that the market specifics, they should know how that ties into that specific geographic region that I might not be familiar with and I want them to walk me through and have this kind of mastermind kind of effect of us both thinking through and, and if they have not, kind of done their own investments, it makes it harder now, we'll say for our brand new investor, and investor friendly agent that has not invested I think it's okay, because they're learning the knowledge there. But yeah, I think I when I asked him, how, what kind of investments do they do, and if I'm focusing on doing a burr in a particular area, that usually means that they need to know you know, how to be a landlord how to fix and flip you know, how to get contractor quotes and things like that, to give me some guidance of what the cost structure for that type of project in that area would be and where do you where do we find them? It's through referrals. So from an investor's standpoint, you know, various meetups, there's a lot of online meetups now but if you can connect with online meetups, various podcasts like this, you know, people make recommendations per area and what's interesting people go to an area and they, they are usually gonna go through one of one of two, they're like, I want to find the best agent in the area, the top agent, guess what the top agent doesn't want to work with us, they don't have time to work with an investor looking to buy a $200,000 property, right, because they've gotten to a level. So they're not to say they couldn't help you, they just don't want to help you right now, unless they have a team of people, they're gonna hand up the truth, they're gonna go the right, the other route of I'm gonna go with a brand new agent that has nothing else to do. So they're going to do everything that I want, and they're going to do it at a, at a very affordable rate. Once again, now you are just coaching, and you don't get the benefit of someone with expertise. So usually, it's somewhere in between someone that's a successful agent, not a top agent, but also an investor as well and if you get stuck with somebody that is not meeting your criteria, one, it usually comes down to one or two things, one, they don't know how to help you, maybe they don't even want to help you because they didn't know what they're gonna get into, or the communication, expectations or not and so I think getting really good at setting your communications upfront, before you agree to work with them. If you're really good at setting your communications, people will, some people will not actually want to work with you, not because of you, but they're gonna say, okay, I need to be at a certain level of understanding and expertise to meet his expectations. I don't think I can meet that. But guess what this agent I think might be the right fit for you and maybe you might get a recommendation from there, but lay down exactly what you, you know, what you would like to see from the relationship and they have to see that it's mutually beneficial. So whenever I go into a new market, I rarely go in with the intent of buying one property, I usually go into the intent of establishing a market and if I can build the right team, I'm gonna buy a lot of properties in that area and whether I'm talking to a in real estate agent or a property manager, I tell them that I want to become your number one client, that's my goal, there's no guarantee I will, it will be based on whether or not this relationship continues at work and I find deals that are profitable, and you help me find those deals. But if so, I will continue to invest around you and so I invest around good agents and good property managers, more so than specific locations. There's great locations out there that I own one or two properties in, I just have not continued to buy there. Because I don't love the team that I have yet, you know. So it's, it's I just have not found the right team to give me the confidence to scale up to 30, 40, 50 properties in one area around someone that maybe I'm not fully happy with in terms of communication or results. Michael: Yeah, that makes a ton of sense and I talked about with folks on the podcast and in the Roofstock Academy all the time about just that, like, do you go deep into a market or do you go wide across multiple, and I think when you go wide, you get exposure to a lot of different markets, you can you can decide, hey, market A was great market beat, maybe not so much. See, we're gonna pass entirely, but you wouldn't have seen market A;B;C if you're only in market a so and that makes a ton of sense and then so from on the investor side, like what should we be doing. Other than setting very clear expectations around communication to be to make agents want to work with us. I mean, we want to, of course, be the number one client for those agents but what can we be doing skill wise or communication wise or pitch wise to make ourselves as attractive as possible for agents to fight over us so to speak? Omni: Yeah, I love that and I think, even today, when I go into a new market, I still, like come in with when I'm interviewing agents, but I really want them to be interviewing me as well and I really want to show up as a as a good and desirable client and, and so I do want to make it as easy as possible for them. So I will do a little bit more backend research on my end. If I know I have access to the data, rather than making my agent go do some, you know, meaningless task or some task that they might not fully understand yet. I'll do that until we kind of are on the same page and reach almost partnership level, right. So I do try to make it easy. If I just go in and say okay, here's a list of everything that I need right now and guess what we're going to make 30 offers and none of them might get will probably not get accepted, but that's my average or whatever the case may be. They're probably not going to like working with me or want to work with me. So I set the expectations up front of here's what we're going to get to, but I also if there's something that I can do, or some like my virtual assistants, someone on my team can take care of, I'll take that off of the agents play and really only use them for the essential things that I don't have access to or I don't like they're my boots on the ground. They are my local knowledge and those are the two things and sources to sources to other contractors, sources to wholesalers. But those are the things that my agents really bring to the table and I want to make sure that anything outside of that if I can take care of it myself, I'm going to take care of it myself or have someone on my team take care of it. Michael: So even though they might be a Jack or Jill, of all trades we shouldn't be using and abusing them as a Swiss army knife. Omni: Yeah, until they volunteer to be abused, or until they say, you are my number one client, and we bought 10 properties together, what can I do to help you buy 10 more. Sure, but if you're still trying to buy your first or second property, I mean, how many of those type of investors has every real estate agent worked with a lot. The reality is, there's always a little bit of skepticism until they get to that first one or two transactions, then it's like, okay, this is real. He's one of the good investors and not one of the investors that don't know what they're doing. So I think it's prove yourself both sides are proving yourself through till you get to your first few transactions. Michael: That makes total sense. I met a question that I have for you, and you're gonna have to kind of wear both hats, if you could. So as an investor, I'm sure I would actually ask you, have you ever made an offer, like a ridiculous offer. You're like, there's no way this gets accepted and it does? Omni: Yes, all the time, all the time, so… Michael: I have to, and I've had agents tell me, that's probably not going to get accepted and I push them I say, do it anyway. Now, you mentioned that as an agent, working with clients, like throwing out ridiculous offers, and you feel like it's a waste of time for the agent. So how do you square those two. I mean, how can you know what I mean? Omni: Yeah, and I can see absolutely both sides and I do take off and put on hats all the time, as you mentioned, right. So whenever I do training, I gotta explain like, okay, I have my broker head on right now and then sometimes I'm like, no, I'm not a broker right now, I'm putting my investor hat on. So it is a different perspective. I think understanding the perspective on the other side is definitely helpful. Me personally, when I put in offers, I usually, for a very long time, I've usually done in three offers strategy. So I usually put in three offers at the same time to the same client, and it is varying strengths of offers and it usually has some sort of component. So there might be an all cash offer, there might be a traditional lending offer, that's a little bit all cash is going to be the lowest price the seller needs to sell today, it's going to be the lowest price and traditional lending offer is going to be at 95% of value, or whatever it is and I might go 100% or 105% of market value if they're willing to do seller financing, right and so you're kind of laying out these, you're educating your agent at the same time, if they're not familiar with that. And you give I give my agent, my agent, the exact wording the exact template, so they're not having to figure out, what do I do here, I say, here's the wording, here's what you sent to them, here's the attendance for the offers and we're gonna give them three options to choose from and so although it is more explanation on their part, it really is some coaching that I take on if it's a new agent of here's what I want you to say, here's what I want you to do and they usually see that as really good education of how they can better serve other investors moving forward. But rarely do I just put in an offer of alright, they want $500,000, let's say 200,000, you know, so it's just that just not me, I usually give multiple options there and they're comfortable doing that not to say, you can't do that, I think you just need to set the right expectations with that agent of alright, we are going to be putting in 50 offers at ridiculous prices and then if they're okay with that, great, they build a template and hopefully it takes them two minutes to get the paperwork ready for you because it's already pre built but if they're having to like struggle through and spend, sometimes upwards of a few hours prepping offer paperwork, people don't understand, like it could take several hours prepping that paperwork and reviewing it. That's probably not worth it to submit 30 offers for the chance of one going through, you know, if they, if they figured out their ROI on that activity, it'd be like less than minimum wage. So I think it's setting the right expectations, making sure they're okay with that but my strategy is that three offers strategy that gives them at least a better chance of having a conversation with that listing agent or seller that might turn into something. Michael: Yeah, it's funny, I actually do the same thing that three offers strategy, and I just made a YouTube video talking all about it. So I think it's great. It gives folks the choice of which of your offers am I going to choose as opposed to yes, no accept or reject. Omni: Absolutely, I don't want to sell everything in between yes and no, I want them to be thinking between option one, two and three and it works at a much higher rate than people think. Michael: I love it, I love it, Omni this was so much fun, man really insightful for people that want to continue the conversation and learn more about you reach out to you directly where's the best place to do so? Omni: Yeah, I'm on social media Omni the investor guy Facebook, Instagram and actually on Tik Tok now no dancing yet but I'm getting there soon and then I'm on https://www.omnitheinvestorguy.com/ is my website you can get information on the booking see my story you can send me messages there as well. Michael: Awesome. Well, hey, thanks again man and I'm sure we'll be chatting soon. Omni: Always a pleasure, thanks. Michael: Take care. All right, everyone. That was our episode a big thank you to all my for coming back on the show, super, super interesting stuff. Definitely have a lot to think about and hopefully you do too as an investor or as an agent, kind of walking on the other side of the coin. So as always, if you'd like the episode, please feel free to leave us a rating or review and we look forward to seeing on the next one. Happy investing…
Investing in traditional rental properties has been and remains to be one of the best ways to generate steady income. So, to produce higher income, it follows that we should have not just one or two but multiple rental properties. And the fastest way to have multiple properties is to simply buy a ready portfolio of real estate. But, how and where do you find portfolios for sale?Our guest today, real estate investor, broker, author, and financial freedom coach, Omni “The Investor Guy” Casey, talks about his forte, portfolio BRRRR investing, its benefits, and challenges. Learn about his strategies in sourcing portfolio deals. Find out why he focuses on doing difficult things, and the ways he's achieved success in the real estate business. Omni's two-decades-long career in real estate has given him extensive knowledge and experience of the industry that he now shares with others who want to learn the business. Click now and learn more.
Omni Casey has been a real estate investor, broker, and coach for nearly 20 years. His real estate career started in Hawaii where he grew up. Over the last 10+ years, he and his family have lived in Northern Virginia and have been very active in both growing their real estate investment portfolio and growing a top-performing real estate team and office in Loudoun County Virginia. With a passion for building wealth and helping others achieve financial freedom, Omni has coached hundreds of real estate investors, real estate agents and clients alike to create and execute a plan to grow their real estate business, grow their investment portfolio, or both. With a hyper-focus on building wealth and passive income through real estate investing, Omni is committed to helping as many people as possible stop needing to earn money, and start down the path of creating money, and setting up what he calls "PIFL" or Passive Income For Life. Join Omni, as he talks on the subject of passive income and rental properties. He will share his story, and what people need to be aware of going into 2022 with their investment career. Episode Links: https://www.omnitheinvestorguy.com/ https://www.instagram.com/omnitheinvestorguy/?hl=en https://www.roofstockacademy.com/ --- Transcript Before we jump into the episode, here's a quick disclaimer about our content. The Remote Real Estate Investor podcast is for informational purposes only, and is not intended as investment advice. The views, opinions and strategies of both the hosts and the guests are their own and should not be considered as guidance from Roofstock. Make sure to always run your own numbers, make your own independent decisions and seek investment advice from licensed professionals. Michael: What's going on everyone? Welcome to another episode of the Remote Real Estate Investor. I'm Michael Albaum and today with me, I have a guest Omni Casey, who's an investor, broker, author, coach, and he's gonna be talking to us today about what his story has looked like, and what people need to be aware of going into 2022 with their investment career. So let's get into it. Before we get to the episode, let me just give a quick shout out to the Roofstock Academy, which is a one stop shop for all real estate investors independent of where you're on your investment journey, whether you're just getting started, or a seasoned investor, our program offerings have access to over 50 hours of on demand lectures, one on one coaching, private slack forums as well as a plethora of other things. So come check us out at roofstockacademy.com and all of this is backed by the way with a full money back guarantee. So there is no risk to you for just coming in trying it out. We hope to see in there. Omni Casey, what's going on man, thank you so much for taking the time to hang out with me today. I really appreciate you. Omni: Okay, super excited. Thanks for having me on. Michael: Oh my God, my pleasure. You've got a really interesting story and we were chatting a bit about it just for hit record here but for all of our listeners, give us the background who are you? Where do you come from? What is it that you do in real estate today? Omni: I'd love to um, Omni Casey is my name, I am originally from Hawaii born and raised in the islands and I don't live there anymore, migrated out to East Coast just outside of DC Northern Virginia about 10 maybe 11 years ago but started in Hawaii very entrepreneurial family, got into real estate investing fairly young. That wasn't my first business venture but it turns out that you know, real estate's a really cool business I love the business aspect of it I just always knew I wanted to be an entrepreneur business owner and eventually got into real estate investing real estate brokerage as well side of things so just all things real estate for the last 20 years it's been my passion and for the last few years I've been nominated the investor guy I do some coaching we run a meet up to about this site and I just love helping people learn how to invest you know, especially new investors starting out for the first time. I remember how daunting it was and so we do a lot to you know help them get to their first few transactions and most of what we do is cashflow rental properties I love that's why I love your podcast because it is you know that you know remote investing concept less of the active hands on concept more of the remote concept that that I love and then we teach that as well. Michael: Awesome. So did you get your teeth cut out on the islands when you're doing real estate investing or has it always been remote talk to us a little bit about that. Omni: I started on a wall who is which is where I'm from I saw actually started. I was a surface surfboard salesman, you know I was working absolutely and you know I read the book Rich Dad Poor Dad and I'm like alright, so I love business and I was doing a couple of businesses at the time. But then I really wanted to find out more about real estate but no one in my family really was in real estate and especially on the investing side. So I just started talking about it more and more and it was really a couple customers that came into the shop that I was having this conversation with and you know, they they were a real estate investor. So I said, well, you know, tell me about that. What did we do and it traded off, you know, some surf lessons for some education on the investing side and I lucked out by finding some friends and really they became mentors at that point and invested in Waikiki in Honolulu and as slowly as I want to expand and as I wanted to really shift towards the passive income side the cashflow side Hawaii just doesn't cashflow that well great for appreciation rate for equity, but I had to find some outside markets and that's where I started to invest you know in the mainland you know, various markets that that were more affordable that the rent to price ratio was more accurate to my goals there. Michael: Oh man, that's awesome. I used to work as a surf instructor too, but I didn't get diddly squat from my clients and then you'd lucked out big time. Omni: Yeah, paid off. Definitely! Michael: That's awesome, all right. So now let's fast forward you move to the mainland. Now you're out on the East Coast. What are you doing out there as Island guy? I mean, you don't have snow on a wahoo but you do where you live in now? Omni: Yeah, it's what is it spring well, I'm recording this and I think we just know today so it's crazy weather not quite used to it's still you know, my wife's from the area and one of the beauties of real estate, you know, both on the investing side and as an agent brokerage side. You can take that and do anywhere, you know, once you learn the core skills, it you can do it remotely and, and you know about I don't know, 10,11,12 years ago, having a conversation about if you wanted to move back home and be closer to family, we can do that and we can make that work and she took that and ran with that fairly quickly and we haven't looked back, but I've loved it because by that point, we're already into the remote investing side and the downside, if there's a downside to living in Hawaii, the downside is a time zone difference. And I love being on a, a similar or closer time zone to my property managers, my agency, other investors that I was networking with and so I jumped at the opportunity to be able to do that, and, you know, be a little bit closer to the properties that we owned. Michael: Yeah, that makes total sense, for about the better part of a year back in 2019-2020. I was traveling internationally, and trying to sync up my calls with clients and people on my team was pretty difficult to do. So I totally get that. Awesome well, I know you just wrote a book and I would love if you could share with our listeners a little bit about what it is where they can find it, what they might expect to see in it. Omni: Yeah, I'm super excited about this. It's called the cashflow Breakfast Club. I don't know if this will ever be on video, but just got my author copy today. So I'm like super stoked… Michael: Nice Omni: because it's been written for a few years, it's been written for a few years, actually never planned to publish this or never thought I'd really published it, it was just kind of my story, I just need to get it on paper and it was the steps have kind of a step by step process that I went through to become financially free through passive income through real estate investing, and really very, very simple steps that anyone can do. And I started coaching my real estate agents and my, my, you know, new investors that came to me for help and this kind of became my instruction manual. So for a time it was a manual and then last year, my wife was kind of pushing me said, we might as well you wrote it, you might as well publish it. So finally got off the ball and this turns out, I'm pretty good at writing a book, I'm terrible at publishing books. So find the right publisher to help me through that creating the website, actually go through the vetting process of the various publishers and finally, as of this week, got my publisher, copy, author copy, and a should be out, probably in about two weeks or so. So we're excited about that. But really, it's a story, you know, I think in bullet points, and I'm very direct and so I love, you know, you know, just reading like a manual. But I know that makes a terrible book and so I was able to kind of look back at some of the books that really impacted me the most, you know, you got Rich Dad, Poor Dad, you have several others and a lot of them were in this parable format, the story format and so I rewrote this manual in a parable format and it had to be happened to be about this character that grew up in Hawaii that got into real estate investing that started to invest remotely. So it was the same story but it allows kind of the reader to one experience becoming an investor vicariously, you know, ups and downs, and everything in between real estate agent side as well, look gives you a glimpse into that, as well and then the foray of having to trust you know, how do you trust someone overseas to kind of help you invest remotely as well. So it kind of takes you through those emotions, vicariously from the comfort of your, hopefully your couch there while you're reading it and I'm excited to put it out there. Michael: I love it. Well, I'm very excited to read it, where can people grab a copy of it? Omni: So my website is https://www.omnitheinvestorguy.com/ , that's probably the best place to get it. I'm assuming at some point, it'll get syndicated out to everywhere you can buy a book. But right now, I'm not the investigator calm, there's a tab that says: book and that'll take you there. Michael: Awesome and we'll link to that in the show notes here. I want to shift gears here just a little bit and I'm curious, you have a mantra that everyone needs two professions, one for you and one for your money. Talk to us a little bit about what that means and why it is you feel that way. Omni: Yeah, it's a training and I guess I need to come up with a better name for that. But it's a training that I've done over the years multiple times and I'm a father of three they're the my whole life. You know, my oldest son is 13 year old, my daughter is nine and my youngest son is seven and everything I do is like most parents are involved around them and I kind of keep them involved on the investing side the education side and I would love nothing more than my kids should just be obsessed with real estate investing like I am. But the reality is one of them is and the other two I'm not sure yet right and kind of to figure out from a parent's standpoint, you know, what's the right way to go about that? How much do I actually push? How much do I actually kind of encouraged them to kind of go down the path that I found and I guess you can kind of take that whether it's real estate investing or any sort of profession you're in and realizing that even though they might not be passionate about real estate investing down the road, the reality is real estate investing or that knowledge. If they get that baseline now and start investing, you know, as soon as possible, they can eventually do anything they want. So you don't actually have to be passionate, you know about real estate investing to make money in real estate investing. So my daughter wants to be a ballerina, she can go be a ballerina, she wanted to go be a barista, somewhere, she can be a barista, that's not going to pay the bills. So hopefully the real estate investing side right making your money work for you. Because for a very long time, like, I'm passionate about real estate investing is the only thing that really makes sense to me and I'm talking to people, I'm like, can't you get it? Why don't you understand this? Why don't you understand? Why don't you and then just the reality is not everyone's as passionate about it as, as I am. That being said, everyone could benefit from that. So understanding how to put your money to work for you, or how do you set up that passive income coming in, so that it can fund whatever you actually want to do with your time and you know, it doesn't always need to be the same thing, I just feel blessed that I happen to do both at the same time. Michael: I love it, I love it. Any pieces of advice or tips or tricks that you've picked up from being a father and a parent over the years to get your young ones involved. Omni: So one of the things that I did recently, in the last few years, I started to invest closer to where I am not because it's the best place to invest, I think it's a decent place to invest it. But there's clearly other markets that outperform my market. But I wanted to have something that I could just drive by, take my kids do and keep them involved. So if you are, you know, investing, not everyone invest, you know, somewhere near them, but try to find something where you can kind of take them and keep them involved. Every single weekend we're driving by we're visiting a project, we're checking on a renovation, we're doing something where they just kind of feel like alright, they get to kind of point and we actually assigned the rights, I guess, if you will, to various rental properties to each of our kids. So they know that that's their property, right? Technically, they're not old enough to own the properties yet. But that's their property and so we got to go over the numbers with them. We go over the details when we get it from our property manager, we go over kind of the breakdown and so they can kind of see the numbers on the back end and on the oldest side, my son, he gets it. My daughter's getting there. My youngest is like I don't understand it, any of them but I think just having that knowledge and having those conversations or you know, they're hearing terms at some point. I mean, it took me a whole life to kind of start hearing these terms until I started investing and so they're very involved and then just to kind of spark the conversation. There's a great game, Robert Kiyosaki put out the game, the cashflow a board game and we play that we play that quite often and we have the kids challenge the parents, and we talk about it after and they get to see the correlation with the game, and actual P&I statements that we review together about our properties. Michael: I love it, I love it, it's probably a good thing that they're too young to own property, because your tenants might take issue with writing rent checks to a seven year old. Omni: Exactly, sure. Michael: I love it, I love it. Well, I'm really curious if I'm very curious to get your thoughts on a topic. That's I think, top of so many people's mind around the country and that's inflation. We're recording this mid-April inflation is 7- 8 - 8 and a half percent. So curious to know, I mean, how is that affecting your personal investment philosophy going into 2022? Omni: That's such a great question. This is probably one of the top questions I get and if someone asked me to come in and teach a class is probably the one that they request over the last two years or so and we've been talking about it for a while, right? Inflation is always a discussion. I would say four years ago, the title of my course was like, what would you do if inflation hit 5% right and talking about this crazy, guys and we ran the numbers and so here's what it would mean to you for your money, here's what you would do on the investing side and then last year, had to update it and like, alright, well, looks like we're edging towards 6% you know what it hit 6% and then, earlier this year, I updated and, and change it to 7% and then I'm doing a class at REI event next week, and I had to update it to eight and a half percent. So reality is what we've been worried about for so long is here, right? And we don't know if it's transitory and how soon is going to go away, but it's already here much longer than most people thought it would be and it's already affecting your money, right? So money in the bank is just kind of deflating in value drastically, by that eight and a half percent level, and it's probably going to go up more so finding assets or asset classes you know, that can hedge against that and it really speaks to kind of what we're in and validates a lot of what we do already, in terms of its less about the nest egg and the money in the bank, your net wealth, all the way to something that people track and it's fun to track that it really is your income, or at least your passive income that is most important because your wealth, and your net worth goes up and down with inflation goes up and down with market values goes up and down with lots of things that you really don't have control over. But ultimately, if you're talking about financial freedom, you're talking about paying the bills or having money to do what you want to do. That comes with from your passive income and when you look at rental properties, especially long term rental properties, that is the closest thing that does scale up with inflation, not exactly, but it does scale up with inflation, as prices rise, people start to make more money, rents start to trend up. Now, it's not immediate, because of the length of the leases, but typically trailing about six months to a year, you're able to pull it up and if your passive income is tied to long term rental income, that is one of the closest things that actually increases with inflation. I talked about the values of home, you know, equity and appreciation is beautiful. But my portfolio gets cut in half value wise tomorrow. Typically, I'm still okay, because the reality is I bought most of those properties because of the rental cash flow value, and the cash flow value doesn't actually change based on the actual value of the property itself. So understanding, I'm not saying rental properties are the only thing out there, it's the thing that I think makes the most sense. But you know, something that brings in cash flow that does scale up with inflation is something that you'd have to focus because if you're just in the stock market, and you're just in the equity play, even, you know, Bitcoin or anything else, there's lots of things going up and down in value, but it's not pushing off cash flow to you. That's where you're probably losing out because your money is really going to go down in value at some point once it all hits the fan. Michael: Yeah, makes total sense. So I've got a question for you, Omni. So we talked about inflation going up through the roof and that means that the dollars held in the bank not doing work for us are losing value over time. We're also seeing this kind of unique set of circumstances where interest rates are going up very quickly as our prices, there's got to be an inflection point where interest rates hit a point that causes prices to stagnate or either fall and so for those people that want to have cash in the bank, take advantage of those maybe price fluctuations, but are also losing money by holding cash. I mean, how do you reconcile and square that? Omni: That's a great question. It is tough and it's I've never seen a market change and evolve as quick as this one is, I was just doing so typically, I buy most of my properties cash and I try to refinance out into the birth strategy. So I buy a portfolio, and then I rehab them, update them and then go to the bank and pull out equity, and I keep recycling the money that way. So mid rent refinance right now and, you know, typically, you know, from a multi small multifamily level, somewhere in the fours to 5% range has been, you know, the happy medium for a very long time, I just got an estimate at seven and a half percent, so… Michael: I got six and a quarter, yeah Omni: Like seven and a half and it's a lender that I've used it right, and they're like, you know, it's just that's just where we are at so I'm making a decision, do I leave my money in there for a while, do I cash out, knowing that I'm probably gonna have to refinance out pay a penalty in a couple years, and because I definitely don't want to carry a rate that that bad, but I just don't want to leave money in it, do I, you so you're having these conversations, and it's a little bit of everything, so really depends on your need. You know, when I have money sitting and I don't have enough deals, I usually lend it out. I'm a private money lender as well, because I don't like just hold the money, I want that money working for me. But even some of the rates that I'm getting back is like comparable to what you know, you know, a regular mortgage rate is now it's like, alright, I think private money lending needs to go up in value or cost, you know, to kind of offset that as well. I think it's really having multiple strategies to place your money and it's really, we have to be conscious stewards of our money, because it's just putting the bank I'm gonna go to work and I'm just going to forget about it, right? We stick our head in the sand and we're just whatever it's it is it is what it is. Well, that mentality is really, you know, the people that will get, you know, hurt the most because if you're not recycling your money, or if you're not making moves in terms of how to maximize whatever the market is giving you, you're just going to be stuck with the worst possible option typically. Michael: Yeah, that makes tons of sense and so curious to get your thoughts on what some short term investments are that people can make to recycle their money, because they anticipate a market correction to be able to use their cash to then purchase properties in cash. Is that would that be hard money lending, would that be some other asset class? Omni: Yeah, there's a few things you can do on that, it really depends on whether you're already an active investor or not real estate investor, if you're activated real estate investor, that is looking for a few projects, right, I'd rather have my money in a project that I'm personally overseeing and I'm increasing in value or increasing in the net operating income on it and if you can do that, great, that's park your money in, and probably the safest hands up, you know, your own hands. But if one, you don't have the deal, or two, you're not an active investor, then it is figuring out, you know, where can I place my money and that's what I do private money lending. There's something called gap funding, which is more of a partnership. So it's less of an interest rate that you're getting in return. But it's the gap between what the investor needs, what the hard money is wanting to give, and what the investor needs to bring for the down payments on bringing it down payment on a flip, they're getting the majority from a hard money lender. Now, it's not an interest rate that I'm getting, I'm getting a percentage of the actual profits of the deal. So one, I need to be able to vet the deal and to I need to trust that investor, that they have a solid track record and have the ability to like send resources over and help them make sure it's a profitable deal. In the long run it allows me to be a part of more real estate transactions without an active role in it and my money's just not sitting there. For those who just don't have that level or even that ability to have time, then it's looking for some sort of, you know, can I be an LP on a syndication somewhere. I don't love being LPS on syndications, because it usually means I'm leaving my money in there for five to seven years and although there's great syndications out there, right, you can turn that into 10,12, 15 plus percent return with really no interaction. Me personally, I know that I can probably do better than that, if I had that money, and I'm using it over and over again. But if you're just going to let it sit, like worst case scenario, go lend it out, or put it into some sort of, you know, syndication out there, because that is beating inflation at the very least and then coming up a little bit more above and beyond that. Michael: Love it, love it. You talked about Omni people getting hurt via their investments, curious to get your thoughts on some mistakes that you're anticipating people may make in 2022, or that you've already seen people make because of this really unique environment that we're in. Omni: I think we've already been seen it, but we're probably going to see it more and more I call it the dumb money effect. You know, there's a lot of dumb money in the market, it's not speaking to people in general, but the money is just dumb, right and… Michael: …because there's so dumb people as well if I am being honest. Omni: So there's just so much money out there and then you take, for example, when I'm buying a property, I have some strict criteria of like it needs to pencil out in this box, it needs to hit me this return. Because one, I need to get a certain amount of return for my expectations, my time as well is all factoring into that and then someone comes in and buys that property for, you know, half of a return or a 10th of the return that I need and I'm thinking that was dumb, why. But if we understand who that person probably was, it was probably someone that like, like, sooner than then they thought they would sold the property and they need to turn 31 and they're just stuck with money, which is dumb money, it's a great problem to have, they're not looking for the same return, they're looking to park money, that's a park money and do it right. So that's a big, big factor, right people because everyone's been set, you know, being approached and said, I want to buy your home, and people are just selling their home, it wasn't part of their plan, right, they're planning to sell it at the five year mark or the 10 year mark, and the sort of the two year mark, and now they're stuck with this equity. That's a great problem for them to have and then you have so much money in institutions and being raised in some of the syndications that we talked about that can't find the right deals and so rather than sitting and not investing and really they haven't to pay interest on that, they just are going to park their money as well. For a much lesser of return than what you were I would typically require out so it's one understanding that there's dumb money out there and don't get caught up in the competition of that dumb money. Because if you just say, alright, I guess a, you know, two cap is what we're expecting in this market, I guess I gotta go do one and a half cap to compete. That just doesn't make sense, right? I think one you'd have to just readjust your strategy, or maybe look in a different market, or try to find some sub market or some niche that just doesn't have the big competition and it might be you know, lowering your price point a little bit because it typically is that larger price point portfolio or building those often attracting the dumb money. So if you kind of take it down a notch, maybe you have to do a few more transactions to spend the same amount of money but you can you can get it done. Michael: Interesting, okay and what do you say to all the first time investors out there that are coming up? against all this dumb money, and they just can't get a deal and they're like, man, what am I supposed to do like I've done all the things I'm supposed to do, I'm making offers, I have my pre qual letter, I can spend up to x, I've run the numbers, this is my Buy Box. I just can't find anything that fits the buy box. What do you say to folks like that? Omni: It's tough to be a first time investor right now. But it's always tough to be a first time investor. The reality is, it gets easier and easier as an investment, the more experienced you are and so last year, it was a tough market, I bought 46 properties last year and so that was a big, big year for us, I set a big goal to do that, and didn't actually hit my goal. But the reality is part of it was one, I knew I wanted to buy as many properties as possible, I want to get as much debt as possible and, and I want to just prove that it was done because for several years, we've been hearing about how tough the market was and the reality is, there's deals out there, most of those deals were off market and so it's building those relationships, and it's understanding where you're gonna go to do that. But I tell every new investor, the reality is until you buy your first property, you haven't even started, you start, once you buy your first property, you can take every course, you can listen to every podcast, and it's good to have knowledge. But so many people get all the knowledge and never actually do anything and until you actually are like in the trenches, making decisions, talking to your property manager solving problems, like pulling your hair out, you're not growing, you're not actually becoming an investor yet. So I say, one, err on the side of just go get your first investment property first, right, just figure out does it come very close to your box, because, in reality, the worst case scenario is like it's if it's a $20,000 property, you're not losing $20,000, if it's a bad investment, you could probably still at least have the value of the property in there. Maybe it's not cash flowing like you had hoped to and if you have the exit that maybe you're losing, you know, breaking even or losing 5%, which I don't advocate losing money for. But I've seen I've had conversations like eight years ago with people, and still today, they haven't bought their first property, they just would have been so much better going in and just getting their first property because that second property, that third property, that fourth property doesn't come to you until you get that confidence and that confidence is overcoming obstacles that you occur that you come up against after you have your first property. So it's just getting in there because of that, most people I talked to end up lowering their price point quite a bit to like dip their toe into the market. So it's almost like, alright, I don't want to, I understand I'm taking a risk, but we're risk instead of $300,000, I'm gonna risk $50,000 worth, and then okay, now that the spread one way or the other, it's a 5% gain or a 5% loss, it's not as bad and so we people looking people have people looking for those types of markets and then once they do that, then they're expanded to either a larger unit counts or other markets that they're more comfortable with. Michael: It makes total sense that I see the same thing inside of Roofstock Academy and share similar advice with folks that hey, it's once you get your first deal done, the physical act of doing that you're going to learn so much more than I could have ever taught you in this course or any course you take, like, like you mentioned, but it's funny because I hear stories, anecdotes of people going into that kind of $50,000 price point, having a bad experience or having a water heater blow and now they're cashier screwed for the year and like man, real estate investing sucks, it doesn't work and so you kind of have to, you know, frame people's expectations around, okay, well, this is the asset class, these are the types of risks typically associated with these types of properties and that $50,000 property, by the way, doesn't speak for real estate investing as a whole, right? Omni: You're exactly right and I had to reframe so I used to say, all right, let's how to get your first property. Now it's I don't even help anyone until they're committed to like for like the next five years, like figuring out alright, what is your plan, because the worst thing you could do is own a rental property, like no one in the right mind should own a rental property or even two rental properties. Because guess what, you're not financially free by owning one or two properties and you still have all the headaches of being a landlord under stress and anxiety and you are a terrible landlord, because you only own one or two properties and you probably found subpar investments because you haven't been an investor for a very long time. So it's just getting started, you don't really ramp up and benefit from being successful landlord or a seasoned investor and you just kind of sit there hitting your life. And so I kind of frame that and say, this is what it's going to be like. So really, you got to get 2,3,4,5,6 property, you got to get to your number. We always come up with like a baseline financial freedom number, not like your dream goal. But like you need this to pay the bills to call yourself financially free. What is that number, is it 3000 a month? Is it 5000 a month is it $100,000 a year, whatever it is, and figuring out the math working, working your way backwards and say alright, that means it's eight properties that means is 20 properties or whatever it is shoot for that goal, because if you don't and you're just saying I need to get an investment property, and you get an investment property, guess what? It's going to suck it's gonna, you're gonna hate you the landlord like why am I doing this for a few 100 bucks a month? What does that even make sense? It does not make sense until you scale your portfolio. Most people just never get there. So you have to like pre warn them and they say, okay, here's the vision. This is just step one of five to 10 steps. Michael: Yeah. Now it makes total sense and I agree and my last question for you, I'm gonna before I let you go is, for those people that just can't even see path like getting their first deal done is already scary enough. They can't possibly envision getting more properties as part of a portfolio because I was there I was that person for a long time. So how do you kind of coach people or what do you share with folks to just get them to that point that says, hey, I know you might not be able to see properties two through one right. Now, let's focus on one, I mean, how do you how do you reconcile that? Omni: So it's tough and the reality is, not everyone will get there, no matter what I feel like I convert everyone into a real estate investor, because I believe, would benefit from that I just can't and I've tried, there's people that no matter what their comfort level, my wife's one of them like she's one of the most conservative nervous people there is and if she wasn't married to me, she would oh, no real estate, we own a ton of real estate and if I was gone tomorrow, she would sell it all tomorrow, right? It is the stress involved with just owning real estate, right? There's just things and yet she doesn't really do anything with it, other than you know, just kind of see the income coming in and so for some people, you need to be on that passive side and that is the lending that is a syndication site. So there is a percentage or personality type where that is always going to be the most comfortable. I personally am not that I love the control, some people hate the control, having that responsibility, having that control. So it depends on the personality type and then, you know, for those that are kind of right in the middle, I take them through that five year plan or 10 year plan and just say, okay, it's one per year, for the next five years, can we focus on setting a goal of one per year for the next five years, you know, $50,000 100,000 down, whatever it is, whatever they are able to save up, you know, from their job, just alright, you already know you can do that instead of doing what you're doing right now, can we supercharge that and just say next year, we're gonna buy a $20,000 property with $50,000 down and the year after that, we're gonna save up all our cash flow, and then buy a slightly higher property with $50,000 down plus the cash flow, and you're just gonna stack it on top of each other, right? You keep stacking and stacking it, and things are gonna go right and things are gonna go wrong, but but you're moving in the right direction and you get them to say, all right, yes, I think I can commit to that plan. Let me just go look for my first property now and then knowing that once I get to that first property, once I go through that learning cycle, I'm going to feel more confident to actually take it to that next step. Michael: Love it, love it, love it. Well Omni this was so much fun and where can people learn more about you reach out to you if they have further questions touch base with you? Omni: Yeah, I'm all over all over social media, not all over. I'm on Facebook I'm on… Michael: Omni present… Omni: So I do have a Facebook account, I have Instagram its @ omnitheinvestorguy on all those handles I do have a tick tock account have not done anything with it yet but apparently I supposed to be on Tiktok as well. So look for some content on there. But probably my website https://www.omnitheinvestorguy.com/ is the easiest place to find me and I'll reply to any questions or inquiries anyone has. Michael: Perfect and for everyone listening and not watching this Omni is O M N I,in case you're wondering. Well, Omni this was so much fun. Thank you so much for coming on and dropping so much knowledge and sharing with us. Definitely look forward to staying in touch and seeing how everything continues with your journey. Omni: This is awesome thank you. Michael: Hey, you got it, take care. All right, everyone that was our episode with Omni, a big thank you so much for coming on. Super, super fun episode. I learned a ton and we'll definitely be chatting with him going forward. As always, if you liked the episode, feel free to leave us a rating or review wherever you get your podcasts and we look forward to seeing on the next one. Happy investing!
Long-Distance Real Estate InvestingOmni Casey, father, investor, and brilliant teacher, dives into how he's built up a portfolio of properties, both near, and far. Growing up in Hawaii, he got started with a condo, in a pricey area, it can be difficult to find and purchase a property, but that's just what Omni The Investor Guy did. From that first property, he grew his portfolio, investing out of state, finding great deals, and absolutely CRUSHING the real estate game.In today's episode, we discuss parenting, investing, and building your dream life!Follow up Omnitheinvestorguy.comInstagramBooks Mentioned in the showThe Miracle Morning
Today, my guest is Omni Casey. Omni has been a real estate investor, broker and coach for nearly 20 years. He invest in small to mid size multifamily, cash flowing real estate from Virginia to Hawaii. And in just a minute, we're going to speak with him now about investing in cash flowing small to mid size multifamily properties.
J Darrin Gross I'd like to ask you Omni Casey, what is the biggest risk? Omni Casey That is a great question. I think there's a lot of little things you can point to you mentioned environment and and you know what's going on in the world. You know how that might affect your individual acid at the time or your strategy at the time, but my answer is probably a little bit more abroad, you know, because what I've found over the years, no matter who's in office, right, no matter what's going on in the world, you can be successful in what I do in real estate investing, and you just got to be willing to change your strategy, when you understand what's happening there. So I think the biggest risk is really not understanding the rules to whatever game you're playing. So understanding the rules is so important. And some people don't even understand the game, so maybe not understanding the game. And then, like what I'm doing, you could actually choose to play a different game, right? There's, there's a very common game out there, I'm like, Well, if I can get good at my own game, no one was actually in my space playing the game that I'm playing. So I don't have a lot of competition. So it's actually much easier for me, because I created the own rules to my game. Once this picks up, then maybe I gotta go figure out how to create a new game. And so when you're looking at some constants that we think are constants, and maybe they change, how does that affect vote, for example, um, a lot of talk about inflation, right, we're north of 7%, and who knows where it's gonna go. And, but that's a rule, that's a rule in the game. And if, you know, I use the analogy of gravity quite often, like if gravity changed today, like if the like, if, for whatever reason, gravity was at 50%, and people like borderlines started to float away, we would have to change the rules to how we live our day, right, we'd probably have to wear heavier clothing and you know, not jump around, or whatever the case may be. But we'd have to adapt and get used to it. And so 7% 8% 10% Inflation is crazy. But as long as we're adapting, and we know what to do, we have to invest differently, like my investment decision today is different than it was five years ago, based on inflation. Same thing with insurance. Well, same thing with interest rates, if the interest rates continue to rise, alright, that changes my strategy, my strategy is drastically different. But understanding that all they are just rules to the game, I gotta shift what I'm doing. So it's really a self analysis of what your goals aren't what you're doing, and understanding that everything that's going on around you are just rules to a game, if you understand them, you can use it to your advantage.
This weeks podcast comes to you from the National Stud & Gardens in Kildare. My guest is Omni Casey, a real estate investor and broker based in Northern Virginia, US. Order Omni's book here: https://www.omnitheinvestorguy.com/bo... Take the Property Investor Readiness Test https://eliteproperty.scoreapp.com/ The Elite Property Accelerator https://www.elitepropertyaccelerator.... Connect with and learn more about Gavin here https://www.gavinjgallagher.com Gavin also has a YouTube channel https://www.youtube.com/gavinjgallagh... Connect on social media @gavinjgallagher
This weeks podcast comes to you from the National Stud & Gardens in Kildare. My guest is Omni Casey, a real estate investor and broker based in Northern Virginia, US. Order Omni's book here: https://www.omnitheinvestorguy.com/bo... Take the Property Investor Readiness Test https://eliteproperty.scoreapp.com/ The Elite Property Accelerator https://www.elitepropertyaccelerator.... Connect with and learn more about Gavin here https://www.gavinjgallagher.com Gavin also has a YouTube channel https://www.youtube.com/gavinjgallagh... Connect on social media @gavinjgallagher
Skillsets that are important to real estate investingTips for investing in condos in HawaiiStrategy for investing out of stateBRRR method: Definition and how it worksHow to involve your kids in your real estate business The Life & Money Show Spotlight:Your Life & Money: What is one thing you're doing to live a meaningful and intentional life by design?Other's Life and Money: What is one life or money hack that you can share that will make an impact in others' lives right now? Life & Money in the World: What's the one thing you're doing right now to make the world a better place? RESOURCES/LINKS MENTIONEDRich Dad Poor Dad by Robert Kiyosaki | Paperback & AudiobookLong-Distance Real Estate Investing by David Greene | Paperback & AudiobookThe Family Board Meeting by Jim Sheils | Paperback & AudiobookCash-Flow Breakfast Club by Omni Casey & Chara Casey Free Book ABOUT OMNI CASEYOmni Casey has been a real estate investor, broker, and coach for nearly 20 years. With his wife Chara and their three kids, they own and operate New Leaf Redevelopers, a real estate investing company. As a family-run business, they keep their three kids – all under the age of 13 – engaged and involved, teaching them the ins and outs of real estate transactions, investment deals, and financial education. CONNECT WITH OMNIWebsite: Omni The Investor GuyFacebook: Omni CaseyInstagram: @omnitheinvestorguyLinkedin: Omni (Omni The Investor Guy) CaseyTikTok: @omnitheinvestorguy CONNECT WITH USTo connect with Annie and Julie, as well as with other Investing For Good listeners, and to get the latest scoop on new and upcoming episodes, join Life and Money Show Podcast Community on Facebook.To learn more about real estate syndication investment opportunities, join the Goodegg Investor Club.Be sure to also grab your free copy of the Investing For Good book (just pay S&H)--Thanks for listening, and until next time, keep investing for good!
Real estate investors bought a record 18.4% of the homes that were sold in the U.S. during the fourth quarter of 2021, according to a new report from real estate brokerage Redfin. That's up from 12.6% a year earlier and a revised rate of 17.4% in the third quarter. Omni Casey has been a real estate investor, broker, and coach for nearly 20 years. His real estate career started in Hawaii where he grew up. Over the last 10+ years, he and his family have lived in Northern Virginia and have been very active in both growing their real estate investment portfolio and growing a top performing real estate team and office in Loudoun County Virginia. With a passion for building wealth and helping others achieve financial freedom, Omni has coached hundreds of real estate investors, real estate agents and clients alike to create and execute a plan to grow their real estate business, grow their investment portfolio, or both. As a leader of a very large real estate team, Omni's focus and goal is to help every team member achieve financial freedom through real estate investing. Over the years, he has adapted his roles, moving away from a traditional Broker role and now plays the roles of Financial Freedom Coach, Dream Advocate and Legacy Building Strategist. He joined me this week to tell me more. For more information: omnitheinvestorguy.com Follow: @omnitheinvestorguy
Why You Need to Professions, One for You and One For Your Money With Omni Casey Today we are excited to have Omni Casey in our show. Omni is a real estate investor, broker, and coach who has spent twenty years helping people learn the skills they need to be successful career-wise. He has been […]
Buying and selling real estate portfolios isn't what Omni Casey was raised to think about. As a middle child in a large family, Omni was never given the “investing talk” and was often surrounded by people who thought landlords were greedy. But, Omni had the entrepreneurial spirit, and through trial and error, found real estate investing to be the most reliable, practical, scalable, and fun business around.He started with a single “condotel” in his native state of Hawaii before branching off into out-of-state investing. For most of the past two decades, Omni never spoke about his investing career to those outside of his immediate family. It wasn't until recently that he started the “Cash Flow Breakfast Club” for agents in his brokerage to talk about investing, financial freedom, and generational wealth.Now, with over one hundred properties, Omni is on a mission to purchase fifty-two properties in fifty-two weeks! Although it's not the end of the year just yet, we're quite confident that he and his team will successfully cross the finish line.In This Episode We Cover:How to get into real estate when your family doesn't openly talk about moneyFinding a mentor and using their expertise to propel you forwardPurchasing real estate in expensive markets and when to value appreciation over cash flowThe questions to ask a potential property manager in a new marketBuying and selling real estate portfolios to create a win-win for both parties2022 market predictions and why you shouldn't depend on today's political environmentThe “Cash Flow Breakfast Club” and Omni's new bookAnd So Much More!Links from the Show:BPCON2021BiggerPockets Real Estate PodcastCashflow Board GameClick here to check the full show notes: https://www.biggerpockets.com/show547See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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