Podcasts about other key financial measures

★ Join Our Investor Club ★   https://forms.gle/AEpWgPg7krd8YzPU8Want investment opportunities that align with your goals? At Birch Prosper, our team considers your unique criteria to identify the best opportunities. Let's start the conversation! Just go to: https://calendly.com/birch-prosper/intro-meeting-15-min-clone--Don't miss this episode where guest Wakefield Li and I unpack the benefits to understanding deal analysis and deal structure! --About the guest:Wakefield is the Principal of Meridian Real Estate Partners. He has 11 years of experience in commercial real estate at the institutional level having worked with large firms, such as PwC, CBRE, and Marcus and Millichap. Wakefield has direct industry experience across all major property types including multifamily, industrial, office, and retail. He's been involved in the acquisition, disposition, and asset management of properties valued at several billion dollars. Wakefield's MBA from the USC Marshall School of Business has furthered his capabilities and knowledge in real estate, strategy, and leadership.Connect with Wakefield:Email: wakefield@meridianrepartners.comWebsite: https://meridianrepartners.com/ Episode Highlights:✔️ The impact of the availability of financing on CRE asset classes✔️ The 3 most common valuation/appraisal methodologies used in real estate: (1) cost approach, (2) sales comp approach, (3) income approach✔️ Why forced appreciation is the “secret sauce” behind the multi-family investing industry✔️ Underwriting metrics that characterize the quality of an investment✔️ Common examples of investment waterfall structures 

Today I chatted with Taylor Loht who helps busy professionals escape the Wall Street Casino and build wealth on Main Street by investing in real estate. He helps passive investors invest in multifamily and self-storage real estate syndications through his company NT Capital. Episode Spotlights- Cashflow & ability to scale - Wallstreet is a casino-  Practicing being in uncomfortable situations- Multifamily over Single-family investments - Taylor shares about his meet-up- Getting started to overcome your limited believes- Benefits of having a third party property managerBook Recommendations- Rich Dad Poor Dad by Robert Kiyosaki - What Every Real Estate Investor Needs to Know About Cash Flow... And 36 Other Key Financial Measures, by Frank Gallinelli- The Intelligent Investor Connect with Taylor:Email: taylor@passivewealthstrategy.com Website: www.passiverealestatecourse.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.com

Randy is the president of Invest Ark Properties LLC, focusing on creating investor value and passive income returns for the busy professional. He has been in multifamily real estate since 2014 as both a general partner in 700 doors and a limited partner in 4,000 doors. We spoke to Randy about being a full-time professional and still being able to actively invest in real estate, the importance of networking and coaching, and the property types you should watch out for.   Announcement: Download Our Sample Deal and Join Our Mailing List   [00:01 – 03:59] Opening Segment  Randy talks about his background. How he got into real estate. He talks about what he focuses on today. [03:59 – 10:35] Real Estate for The Busy Professional How he manages to hold a full time job while investing. The importance of understanding the financing of deals. How he created learning opportunities for himself while he was investing passively. Randy talks about some of the challenges he faced early on as a limited partner. How syndicating a deal when starting out can help. Starting as a limited vs general partner [10:35 – 31:53] Partnerships and Coaches The importance of having partners with different roles. Advice to those who are looking to partner up with someone. Randy explains why he moved between different groups. Why you should hire a coach. Randy talks about his experiences with some of the best and worst deals. Why you should be careful with some specific types of properties.  [31:53 – 38:10] Round of Insights Apparent Failure: When he started as a GP   Digital Resource: Slack   Most Recommended Book: What Every Real Estate Investor Needs to Know about Cash Flow... And 36 Other Key Financial Measures   Daily Habit: Writing his goals daily on paper.   #1 Insight for Investing Slow and steady wins the race   Best Place to Grab a Bite in Houston:  The Athletic Club   Contact Randy: To learn more go to Randy's website. To book a meeting with Randy click here.    Tweetable Quotes: “I take a lot of my money and use it as an LP just because I like the returns and safety much better than the stock market.”  - Randy Langenderfer “I like to be around people who are bigger and better than I am.”  - Randy Langenderfer Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.

Frank Gallinelli founded RealData, Inc. (realdata.com) in 1981 to provide analysis software for real estate investors and developers. He is the author of "What Every Real Estate Investor Needs to Know About Cash Flow..." (McGraw-Hill, 2004; 2nd Edition, 2008, 3rd Edition, 2015), "Mastering Real Estate Investment - Examples, Metrics and Case Studies," (RealData, 2008), "10 Commandment for Real Estate Investors," (RealData, 2012) and "Insider Secrets To Financing Your Real Estate Investments" (Mc-Graw-Hill, 2004). In this episode, we talked about how he started in real estate, how real estate analysis and interpreting metrics can help real estate investors, the idea behind the software Realdata, Inc., cap rate, income stream, internal rate of return and cash flow and MANY MORE! Quotes: “Income-producing property is its value to an investor is a function of its ability to cash flow. So if you can increase the cash flow of a property, you can increase the value of the property.” “But if you're an investor, maybe you want to be thinking not about a point in time, but about the long-term building of wealth and have to look at not only the performance of the property currently but what is the potential performance of the property over time.” Resources and Links: https://www.realdata.com/ What Every Real Estate Investor Needs to Know About Cash Flow... And 36 Other Key Financial Measures

In this moving episode, Mike & Kevin interview investor and credit expert Brandon Elliott, who picked himself up from a drug-induced coma to find success in real estate throughout the Midwest. Listen up to hear how he uses creative financing strategies to fund his real estate investing and how you too can build your investing empire from the ground up."You can use credit for anything and everything. Stop under-dogging credit because it can be really phenomenal and take you to the next level!"-Brandon ElliottHere are 5 Key Takeaways from this episodeA Step-by-Step guide in long-distance real estate investingHow To find deals in a hot marketUsing credit cards to fund your investmentsHow to communicate with banks about your credit needsThe importance of setting up business creditHonorable Mentions & Useful LinksWhat Every Real Estate Investor Needs to Know About Cash Flow... And 36 Other Key Financial Measures, Updated EditionConnect with BrandonInstagramFacebookWebsiteText "Credit" to (609) 231-9018 Take 15% off your next igloohome smart lock purchase. Use code "ADPI" to get your discount today! Are you looking for a loan for your next project? Look no further! Check out ADPI Financial Services for all of your residential and commercial lending needs!No Time...No Worries! Get all the info you need now by texting DEAL to 33777Connect with the ADPI: Facebook | Instagram | YouTubeSchedule a FREE Freedom Coaching Call with MikeTo learn how to use your VA Loan to create wealth and invest in real estate while in the military take our VA Loan Mastery CourseTo find out how you can build $10,000 a month in Passive Income while investing in the military check out This VideoReady to TAKE ACTION and begin building your cash flowing real estate empire? Don’t go it alone! Check out our exclusive education and coaching products designed for self-starters like the Military Real Estate Investing Academy and Operation A.T.O.M. [Action Takers Only Mastermind]!Please Subscribe, Rate, & Review on Apple PodcastsThanks for tuning in to this week's episode of the Active Duty Passive Income Podcast! If the information shared in these weekly interviews have inspired you to pursue your dreams of financial independence, please do me a personal favor and head over to Apple Podcasts, subscribe to our show, and leave us a 5-star review.Support the show (https://www.patreon.com/adpi)

In this episode, you'll learn: The use of credit cards in real estate How to buy/remodel real estate using credit card hacks Pros and cons to using a credit card to fund a renovation Using credit cards is easy accounting. Its hard to lose track as it will show all purchases on the statements How to identify scam credit card mail offers How to utilize additional users to increase credit score Book recommendation- What Every Real Estate Investor Needs to Know About Cash Flow 36 Other Key Financial Measures by Frank Gallinelli Podcasting recommendation: Ready. Set. Go.  Real Estate Investing Podcast To connect with Brandon, please visit: Facebook-Brandon Elliott Instagram-Brandon Elliott brandonelliottinvestments.com Sponsor: Please visit Apartment Investing Show Youtube Channel. Subscribe and hit the golden bell icon! *And please go to iTunes to leave us a rating and write a review. Each review helps us reach a larger audience with your episode (Creative Real Estate Podcast)

The Real Estate CPA podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax dvice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests. Always consult your own tax, legal, and accounting advisors before engaging in any transaction. -- On today's show, we're joined by Frank Gallinelli, author of the bestselling book "What Every Real Estate Investor Needs To Know About Cash Flow and 36 Other Key Financial Measures" and the founder and president of www.realdata.com, a leading real estate investment software firm. Frank also teaches real estate investment analysis at Columbia University. In this episode, we will discuss investment analysis and key financial metrics real estate investors need to be aware of including NOI, cap rate, cash flow, IRR, and more. Visit the show notes to view Frank's promo code for his video course: https://www.therealestatecpa.com/podcasts/81.-investment-analysis-and-key-metrics-every-real-estate-investor-should-know-with-frank-gallinelli To learn more about The Tax and Legal Summit visit www.taxandlegalsummit.com and use promo code RECPA to get a 50% discount on your ticket! For more education about optimizing your tax position, use this guide as a resource for just about every topic that applies to you as a real estate investor: www.therealestatecpa.com/the-ultimate…te-investors To sign up for our Virtual Workshops visit: www.therealestatecpa.com/virtual-workshop/ Subscribe to our YouTube channel: www.youtube.com/c/therealestatecpa Like us on Facebook www.facebook.com/realestatecpa/

Jason Hartman talks today with Frank Gallinelli, founder and President of Real Data and author of the book What Every Real Estate Investor Needs to Know About Cash Flow & 36 Other Key Financial Measures, about what metrics Frank finds the most important for single family home investors to pay attention to. They also discuss the "holy grail" metric that investors should be using and when you actually SHOULDN'T invest in real estate. Key Takeaways: [1:53] What are the core metrics that real estate investors should be looking at? [6:39] You should try and forecast best case, worst case, and in-between case for your properties [8:02] What is discounted cash flow? [10:36] The holy grail metric is still IRR (Internal Rate of Return) [12:26] A different way to view Return on Equity [15:59] Is there a time where it doesn't make sense to acquire properties? [21:44] Education is absolutely vital to being a good investor Website: www.RealData.com

Jason Hartman talks today with Frank Gallinelli, founder and President of Real Data and author of the book What Every Real Estate Investor Needs to Know About Cash Flow & 36 Other Key Financial Measures, about what metrics Frank finds the most important for single family home investors to pay attention to. They also discuss the "holy grail" metric that investors should be using and when you actually SHOULDN'T invest in real estate. Key Takeaways: [1:53] What are the core metrics that real estate investors should be looking at? [6:39] You should try and forecast best case, worst case, and in-between case for your properties [8:02] What is discounted cash flow? [10:36] The holy grail metric is still IRR (Internal Rate of Return) [12:26] A different way to view Return on Equity [15:59] Is there a time where it doesn't make sense to acquire properties? [21:44] Education is absolutely vital to being a good investor Website: www.RealData.com

Jason Hartman talks today with Frank Gallinelli, founder and President of Real Data and author of the book What Every Real Estate Investor Needs to Know About Cash Flow & 36 Other Key Financial Measures, about what metrics Frank finds the most important for single family home investors to pay attention to. They also discuss the "holy grail" metric that investors should be using and when you actually SHOULDN'T invest in real estate. Key Takeaways: [1:56] What are the core metrics that real estate investors should be looking at? [6:41] You should try and forecast best case, worst case, and in-between case for your properties [8:04] What is discounted cash flow? [10:39] The holy grail metric is still IRR (Internal Rate of Return) [12:28] A different way to view Return on Equity [16:01] Is there a time where it doesn't make sense to acquire properties? [21:46] Education is absolutely vital to being a good investor Website: www.RealData.com www.VentureAllianceMastermind.com

Jason Hartman talks today with Frank Gallinelli, founder and President of Real Data and author of the book What Every Real Estate Investor Needs to Know About Cash Flow & 36 Other Key Financial Measures, about what metrics Frank finds the most important for single family home investors to pay attention to. They also discuss the "holy grail" metric that investors should be using and when you actually SHOULDN'T invest in real estate. Key Takeaways: [4:30] One of the costliest mistakes Jason has made in his life Frank Gallinelli Interview: [6:23] What are the core metrics that real estate investors should be looking at? [11:09] You should try and forecast best case, worst case, and in-between case for your properties [12:32] What is discounted cash flow? [15:07] The holy grail metric is still IRR (Internal Rate of Return) [16:56] A different way to view Return on Equity [20:29] Is there a time where it doesn't make sense to acquire properties? [26:14] Education is absolutely vital to being a good investor Website: www.JasonHartman.com/Cruise www.RealData.com www.VentureAllianceMastermind.com

Jason Hartman talks today with Frank Gallinelli, founder and President of Real Data and author of the book What Every Real Estate Investor Needs to Know About Cash Flow & 36 Other Key Financial Measures, about what metrics Frank finds the most important for single family home investors to pay attention to. They also discuss the "holy grail" metric that investors should be using and when you actually SHOULDN'T invest in real estate. Key Takeaways: [4:30] One of the costliest mistakes Jason has made in his life Frank Gallinelli Interview: [6:23] What are the core metrics that real estate investors should be looking at? [11:09] You should try and forecast best case, worst case, and in-between case for your properties [12:32] What is discounted cash flow? [15:07] The holy grail metric is still IRR (Internal Rate of Return) [16:56] A different way to view Return on Equity [20:29] Is there a time where it doesn't make sense to acquire properties? [26:14] Education is absolutely vital to being a good investor Website: www.JasonHartman.com/Cruise www.RealData.com www.VentureAllianceMastermind.com

Big changes are underway in the U.S. tax code—and it could make a huge difference to your bottom line. Thankfully, today on the BiggerPockets Podcast, we get to sit down with two CPAs who focus entirely on helping real estate investors navigate the tax code! Amanda Han and Brandon Hall join us today as we dive deep into the new changes—plus tackle some of the most common questions new real estate investors ask!In This Episode We Cover:Who are Amanda and Brandon?Changes of the new tax billWhat is passthrough deduction?Increasing the depreciation scheduleThe concept of cost segregationThe 1031 exchange provisions have been modifiedUsing 1031Business interest limitationWhat is a tax shelter?Section 179 — write off 100 percent as an assetWhat can a investor do now?When do you need a CPA?Some more free tax adviceAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Money ShowForget BRRRR: Introducing the BARRRR Strategy for Investors (Blog)IRS Schedule E (PDF)BiggerPockets BlogHow the Final GOP Tax Bill Will Affect Real Estate Investors (Blog)Books Mentioned in this ShowThe Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han and Matthew MacFarlandRich Dad Poor Dad by Robert KiyosakiWhat Every Real Estate Investor Needs to Know About Cash Flow… And 36 Other Key Financial Measures by Frank GallinelliThe 4-Hour Workweek by Timothy FerrissBuilding a StoryBrand by Donald MillerTweetable Topics:“Hire the right people right away.” (Tweet This!)Connect with AmandaAmanda’s BiggerPockets ProfileAmanda’s Company WebsiteConnect with BrandonBrandon’s BiggerPockets ProfileBrandon’s Company WebsiteBrandon’s LinkedIn ProfileBrandon’s Facebook Profile

When most investors hear the words “mobile home park,” they turn and run the other way. But not today’s guest, who’s found incredible success buying (and repositioning) mobile home parks. You’ll learn how Kevin Bupp got his real estate started with single family homes (eventually owning hundreds) and how that led to major problems in the last real estate crash. You’ll also find out how he’s making sure the next crash is different. Discover the incredible power of mobile home parks in generating huge returns in this less-popular real estate niche by learning Kevin’s story. If you are looking to generate huge amounts of cash flow, this is an episode you can’t afford to miss!In This Episode We Cover:The difference between trailer parks and mobile home parksHow Kevin got startedWhy to not choose single family homesHow to “stress test” your dealsHow (and why) he got into mobile home parksThe target market for this investmentSome objections to owning a mobile home parkThe average vacancy Kevin deals withTips for financing mobile home parksThe challenges of analyzing mobile home parksHow a mobile home park is valuedAdvice for adding value to parksWhat you want to consider when investing mobile home parksHow to find mobile home parksAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets FacebookBiggerPockets BooksBiggerPockets WebinarBiggerPockets Pro ReplayPodioInsightlyCommercial Real Estate Investing With Frank GallinelliCredit KarmaBreakthrough AppBooks Mentioned in this ShowSet for Life by Scott TrenchThe Book on Rental Property Investing by Brandon TurnerWhat Every Real Estate Investor Needs to Know About Cash Flow… And 36 Other Key Financial Measures by Frank GallinelliThe Slight Edge by Jeff OlsonTweetable Topics:“There’s like a million and one ways to make money in real estate. You just have to pick one and give it some time.” (Tweet This!)“We want to be in front of the sellers when they either decide to sell or need to sell.” (Tweet This!)“Everyone goes through challenges in their business.” (Tweet This!)“Tomorrow probably will provide the answer if you don’t give up today.” (Tweet This!)Connect with KevinKevin’s BiggerPockets ProfileKevin’s Personal WebsiteKevin’s Company Website

What has five letters but causes so much fear that millions of wannabe investors never get started? That’s right: TAXES. But taxes don’t need to be scary — and understanding and utilizing the tax system can actually help grow your business and help you build incredible wealth. That’s why we’re excited today to sit down with Brandon Hall, a CPA and real estate investor who works exclusively with real estate investors to help them strategize and organize their business in the most cost-saving way possible. We cover Brandon’s real estate journey, including house hacking, LLCs, S-Corps, bookkeeping, and so much more. You’ll love Brandon’s engaging and entertaining personality, and for once in your life, you might even enjoy learning about taxes!In This Episode We Cover:How Brandon realized the need for a CPA through the BP communityHow he grew his firm through the BiggerPockets ForumsThe importance of giving value to othersThe details on his three-unit propertyTips for hiring a “leverage property manager”How to find investors in your communityThe details on his second triplexWhy he focuses on multifamilyHow he funds his deals through FHA loansThe way he looks at PMIA mistake he is guilty of when it comes to inherited tenantsTraining your tenants and other management hacksThe tax benefits of house hackingMistakes he’s made in his real estate investingTips for finding a good CPAAdvice for those deciding whether to use an LLC or notWhat you should know about LLCsThings to know about the “real estate professional” tax designationWhen to hire a bookkeeperCommon mistakes investors make with taxesAnd SO much more!Links from the ShowBiggerPockets MeetBiggerPockets WebinarBiggerPockets Forums (with new leader feature)BiggerPockets BookstoreBP Podcast 060: From 0 to 68 Rental Units in Just Four Years with Serge ShukhatXeroQuickbooksThe Tax Implications You MUST Understand Before House Hacking (blog)Looking to Invest Out-of-State? Here’s How to Pick and Analyze a City (blog)The Importance of Reserve Accounts (Or What a Surprise Roof Replacement Taught Me) (blog)BP Podcast 004: Commercial Real Estate Investing With Frank GallinelliBP Podcast 162: How to Pay Less to the IRS with Amanda Han, CPABP Podcast 005: Dealing with Death – A Financial Discussion with CFP Neal FrankleBooks Mentioned in this ShowThe Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han and Matthew MacFarlandThe Book on Managing Rental Properties by Brandon and Heather TurnerWhat Every Real Estate Investor Needs to Know About Cash Flow… And 36 Other Key Financial Measures by Frank GallinelliIt’s Not Rocket Science by Dave AndersonTweetable Topics:“Don’t try to sell yourself. Let your content sell yourself.” (Tweet This!)“You as the business owner should not be in the bookkeeping.” (Tweet This!)“The ongoing tax strategy throughout the year, that’s the time to save money.” (Tweet This!)Connect with BrandonBrandon’s BiggerPockets ProfileBrandon’s Company WebsiteBrandon’s LinkedIn

The only way to win the real estate investing game is by mastering the numbers. If you’re truly interested in real estate investing then you must first realize that investing in income properties is all about the numbers. It’s about discounted cash flow and rates of return and net operating income and cap rates. If you understand how these and other key concepts work, then you’re on your way to success – and that’s exciting. Our guest, Frank Gallinelli is the author of the best-selling book, “What Every Real Estate Investor Needs to Know About Cash Flow… ” now in its third edition, as well as other books and numerous articles on real estate investing and finance. A graduate of Yale University, he serves as Adjunct Assistant Professor of Real Estate Development at Columbia University. Frank has been involved in real estate for more than 40 years and is the founder president of RealData, a real estate software firm that has provided analysis and presentation tools for investors and developers since 1982. What Every Real Estate Investor Needs to Know About Cash Flow… And 36 Other Key Financial Measures can be purchased on Amazon.com. If you missed last week’s episode, be sure to listen to Increasing Cash-Flow, Deferring Taxes and Reducing Risk using a 1031 Exchange. Enjoy the show! – – – – – – – – – – – – – – Download your FREE copy of: The Ultimate Guide to Passive Real Estate Investing. Get your FREE coffee mug by leaving us a Rating and Review on iTunes. Here’s how. See our available Turnkey Cash-Flow Rental Properties. Please give us a RATING & REVIEW (Thank you!) SUBSCRIBE on iTunes | Stitcher | Podcast Feed Learn more about your ad choices. Visit megaphone.fm/adchoices

Many new investors lose money on their first, second, and third deal. There is a steep learning curve when trying to invest in real estate and, while the loss is painful, it’s very common. However, not for today’s guest. Today we sit down with Jonathan Makovsky, a new investor from the tri-state area who had incredible success right out of the gate!If you are a new investor trying to find the right way to get started or if you’ve been investing for years but want to improve your game – don’t miss this impressive interview with Jonathan!In This Show We Cover:How Jonathan got started with a push from momTips on taking advice to best push your business forwardExactly how many houses Jonathan looked at per day in search of a dealThe benefits of having a real estate licenseThe lessons to be learned by failing on your first dealsHow to use direct mail for marketingThe details of Jonathan’s first property, purchased for $150,000How to find a partner through BiggerPocketsWhat exactly “racer math” isThe pros and cons of letters and postcardsJonathan’s experiences with office buildingHow to make a partnership workTips on using BiggerPockets as a tool for successPlus MUCH more!Links From the Show:BiggerPockets’ Plus and ProBiggerPockets’ Wholesaling CalculatorBiggerPockets’ Podcast Show 106BiggerPockets’ Podcast Show 927 Years to 7 Figure WealthBiggerPocket’s Events and HappeningsForbesThe Wall Street JournalBooks Mentioned in the ShowThe Book on Flipping Houses by Mr. J ScottBrandon Turner’s The Book on Investing in Real Estate with No (and Low) Money DownWhat Every Real Estate Investor Needs to Know About Cash Flow… And 36 Other Key Financial Measures by Frank GallinelliHow to Win Friends & Influence People by Dale CarnegieConnect with JonathanJonathan’s BiggerPockets Profile

On today’s episode of the BiggerPockets Podcast, we cover a huge variety of really interesting topics with real estate investor Tom Sylvester (yes, that rhymes!)Tom has been investing in the Rochester, NY area for several years and has a great perspective on getting started, building systems to manage your business, investing in rural areas (or as Brandon says, “rrrrrurrral”,) and a whole lot more.Don’t miss a second of this excellent interview!Read the transcript for episode 45 with Tom Sylvester here.In This Show, We CoverTom’s early lessonsThe advantages and disadvantages to rural investingFinding mentors and networkingTalking with your spouse about getting started with real estateGetting started with real estate at a young ageWhen is the right time to quit your day job?Red flags for problem tenantsThe $10 Toilet part that could have saved Tom hundreds of dollarsAnd much more.Links from the ShowInvesting in Rural Markets: The Secret to Real Estate Investing Success?The Top 100 Ways To Make Money In Real EstateHow to Get Started With $100 blog post by TomKeyword AlertsHow To Survive When Your Spouse Doesn’t Believe In Your DreamHow to Start Investing In Real Estate at a Young Age (or a “Young at Heart Age”)BP Podcast 044: Creating Systems to Flip Houses While Still Employed with Michael WoodwardTenant Screening: The Ultimate GuideCashflow 101: Using the Game to Define Your Investing StrategyHome Depot Toilet Fill ValveDropbox AppBooks Mentioned in the ShowThe Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich by David BachRich Dad Poor Dad by Robert KiyosakiThe 4 Hour Workweek by Tim FerrissThe E-Myth Revisited by Michael GerberThe Book on Flipping Houses by J ScottThe Book on Estimating Rehab Costs by J ScottWhat Every Real Estate Investor Needs to Know About Cash Flow… And 36 Other Key Financial Measures by Frank GallinelliThe Ultimate Beginner’s Guide to Real Estate Investing by BiggerPocketsTweetable TopicsFind your unfair advantage in business and exploit it. (Tweet This!)What do you want your life to be? How are you going to get there? (Tweet This!)If you aren’t finding success – be persistent but change your tactic. (Tweet This!)Know the difference between a cheap property and deal. (Tweet This!)Connect with TomTom’s BiggerPockets ProfileTom’s Website: Tom-Sylvester.com

Commercial real estate is a powerful way to build and sustain wealth – yet is often feared or misunderstood by real estate investors. Luckily, on today’s podcast, we are excited to have a man who’s professional life is dedicated to teaching investors the ins and outs of commercial real estate investing, Frank Gallinelli. Frank is a best selling author, business owner, and real estate professor who definitely knows his stuff.This interview contains some powerful key metrics, data, and tools you’ll need if you ever plan on investing in anything more than a single family home. This interview, like all of our BiggerPockets Podcasts, is full of real-world, actionable content without all the hype.In This Week’s Podcast We’ll Explore:Why investors shouldn’t necessarily start with residential.When “Location, Location, Location” isn’t the most important.How to use “cap rates” with commercial properties.What a Triple Net Lease is and why it matters.How to use partners to finance investment properties.Lowering your tax assessment by challenging an assessor.Why chasing the “hot market” isn’t the way to build wealth.Why every commercial property is for saleLinks from the ShowRealData.comFrank’s LinkedIn AccountFrank’s BiggerPockets ProfileRealData.com BiggerPockets Company ProfileBiggerPockets SummitDefinitions:Equity PartnerCap RateNet Operating IncomeTriple Net LeaseTweetable Topics“When choosing your real estate path, there’s not a “right” answer – but a “best answer” for each person” Tweet This!“You don’t buy an income property cause it’s pretty; you buy it because it makes money.” Tweet This!“There are no absolutes in anything – especially real estate.” Tweet This!“As a real estate investor, become an expert in your local area.” Tweet This!“Know the vocabulary of your business.” Tweet This!“There is no substitute for Due Diligence.” Tweet This!Books Mentioned in the PodcastThe Big Short: Inside the Doomsday Machine by Michael LewisMastering Real Estate Investment: Examples, Metrics And Case Studies by Frank GallinelliWhat Every Real Estate Investor Needs to Know About Cash Flow… And 36 Other Key Financial Measures by Frank GallinelliInsider Secrets to Financing Your Real Estate Investments: What Every Real Estate Investor Needs to Know About Finding and Financing Your Next Deal by Frank Gallinelli10 Commandments for Real Estate Investors by Frank Gallinelli – Download It Free!About FrankFrank Gallinelli is a best selling author and the President of RealData Inc, a software firm serving real estate investors and developers since 1982. Frank’s company is designed to help income-property investors analyze investment properties, structure partnerships, and produce presentations to buyers, sellers, lenders and equity partners.