Podcasts about Property

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Physical or intangible entity, owned by a person or Putting a hot dog in your (property)

  • 5,706PODCASTS
  • 30,213EPISODES
  • 32mAVG DURATION
  • 9DAILY NEW EPISODES
  • Oct 27, 2021LATEST
Property

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Best podcasts about Property

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Latest podcast episodes about Property

my millennial money
442b Holly Ransom on personal disruption, starting new ideas + becoming the best version of you

my millennial money

Play Episode Listen Later Oct 27, 2021 43:34


Bitcoin and the Bible
Secondary Sovereignty

Bitcoin and the Bible

Play Episode Listen Later Oct 27, 2021 49:37


Is private property a Biblical concept? How does our sovereignty relate to God's Sovereignty? What is Secondary Sovereignty? The focus of Episode 3 will be on the interrelated concepts of private property, ownership, and sovereignty. Simon, David, and Will mine God's Word to discern God's will with regard to whether individuals have private ownership rights over property and from where these rights arise. Bitcoin is often described as “the apex property right” or the “first sovereign digital property” that individuals can own. Thus, we must seek wisdom from God as to whether this concept flows from the mind of God and is derivable from His Word - the Bible. Summary Private property is a Biblical concept Private property rights arise out of God's ultimate sovereignty over all the earth and His delegation of secondary sovereignty to individuals Secondary Sovereignty begins with rights over one's body, mind, ideas and extends to ownership of land, money, and other possessions Property rights are not given by governments, but government exists to protect individual rights Bitcoin is a form of digital property right which does not rely upon government to grant or administrate as it is not owned or managed by a central authority. Rather it represents the composite of individuals expressing their sovereign control over their money For a list of helpful books, articles, and other podcasts, check out our website: bitcoinandthebible.com Connect with us on Twitter Show - @BTC4believers Will - @pleberean David - @thebtcboomer Simon - @pray_hodl To e-mail the show: bitcoinandthebible@gmail.com

Concealed Carry Podcast - Guns | Training | Defense | CCW
S4E5: Legislative Updates – This County Now Prohibits Concealed Carry on County Property

Concealed Carry Podcast - Guns | Training | Defense | CCW

Play Episode Listen Later Oct 27, 2021 43:59


Riley and Matthew discuss the recent Legislative News including stories about how one North Carolina county just voted to prohibit concealed carry on county property even when most county employees support concealed carry.

Big Fat Real Estate Checks
Ep102: Power Of Options: Disney Crushed It - Marco Kozlowski

Big Fat Real Estate Checks

Play Episode Listen Later Oct 26, 2021 23:06


Wanna know how Disney managed to secure a massive piece of land for a cheap price? Listen in and learn how to make millions of dollars selling or buying real estate using your skills instead of cash.    WHAT YOU'LL LEARN FROM THIS EPISODE What is a real estate option? Lease option vs. Option Ways to leverage the option tool When do options work best? Are options a good strategy for sellers?   RESOURCE/LINK  FROM THIS EPISODE Crazy Sh*T In Real Estate    CONNECT WITH US Email: marco@marcokozlowski.com Website: https://marcokozlowski.com Facebook: https://www.facebook.com/realmarcokozlowski/ Instagram: https://www.instagram.com/marco.kozlowski/

#DoorGrowShow - Property Management Growth
DGS 143: It Doesn't Have to Be Crazy in Your Property Management Business

#DoorGrowShow - Property Management Growth

Play Episode Listen Later Oct 26, 2021 15:58


Does it feel like your property management business is crazy, overwhelming, or maybe too much? It doesn't matter how big or small the property management business, it can be crazy or calm. It's your choice to make. Property management growth expert and founder/CEO of DoorGrow, Jason Hull talks about his goal to eliminate the crazy. Business owners need to be calm for their team to feel that sense of calm in the workplace. You'll Learn... [02:41] Basecamp: CEO runs calm workplace by eliminating and reducing interruptions. [04:03] Entrepreneurial Myth: Crazy work is a badge of honor, not a badge of failures. [04:31] Adrenaline Addiction: Workplace doesn't have to be crazy or stressful. [05:20] Planning: Communication in business focused on high-paced growth is critical. [06:15] Tactical vs. Strategic Leadership Role: Who has enough vision, clarity on goals? [08:14] Don't be involved in everything. Stay in your area of genius and offload the rest. [10:08] Key Ingredient: Create synchronous communication system to write, think, post. [11:24] Four Reasons: Build great team to get fulfillment, freedom, contribution, support. Tweetables “All this painful stuff that we go through as entrepreneurs is some sort of badge of honor. Really, it's actually a badge of failures.” “Good planning in business actually decreases communication that's necessary. It increases the calm. It increases clarity.” “The idea is you want to create systems in place that protect you and insulate you from immediate urgency that is unnecessary.” “Create calm workplaces. It doesn't have to be crazy at work. It can be calm. The business really should be fun.” Resources DoorGrow and Scale Mastermind DoorGrow on Instagram DoorGrow on YouTube DoorGrowClub DoorGrowLive Basecamp Remote: Office Not Required by Jason Fried It Doesn't Have to be Crazy at Work by Jason Fried Transcript Welcome, DoorGrow hackers, to the DoorGrowShow. If you are a property management entrepreneur that wants to add doors, make a difference, increase revenue, help others impact lives, and you are interested in growing your business and your life, and you are open to doing things a bit differently, then you are a DoorGrow hacker. DoorGrow hackers love the opportunities, daily variety, unique challenges, and freedom that property management brings. Many in real estate think you're crazy for doing it. You think they're crazy for not because you realize that property management is the ultimate gateway to real estate deals, relationships, and residual income. At DoorGrow, we are on a mission to transform property management businesses and their owners. We want to transform the industry, eliminate the BS, build awareness, change perception, expand the market, and help the best property management entrepreneurs win. I'm your host, property management growth expert, Jason Hull, the founder and CEO of DoorGrow. Now, let's get into the show. In today's episode, we're going to be chatting a little bit about fun. I asked in my mastermind group today—we had a pretty good group turnout today—and I asked by show of hands, how many of you feel your business is crazy right now? You would categorize it as crazy, overwhelming, maybe too much, whatever. At least half the hands went up, which I can't say I'm surprised, but my goal is to get people out of crazy. One of the things I wanted to talk about today—what I chatted about with them—is eliminating crazy in the business. One of the things to realize is that it doesn't matter how big the business is, it doesn't matter how small the business is. Your business can be crazy or it can be calm, and this really is just a choice. Is it possible to have a calm business even if it's really large? For your experience as a business owner to be calm in the business and for your team to feel that sense of calm from you and it to be a calm workplace, yes it is. I had a business once upon a time. Same business but it used to feel a bit crazy. I hung out with the CEO of Basecamp, Jason Fried. I won't go into how we got on a call, but basically we were in some sort of chat. I was watching some live stream and I made some comments. He said he wanted to do a call with me, so we did a call together and I hung out with him. This guy is what I perceived as a high-functioning CEO of a multimillion dollar company. He's written books on remote teams. He's got a book called Remote Work, virtual teams, software, and running companies. He hung out with me for probably about 90 minutes. He just showed me how he ran his business, how he basically ran a calm workplace, and how it was quiet. It shifted my perspective so dramatically. The biggest perspective shift I had was eliminating and reducing interruptions. Years later, he came out with a book kind of recent. His book is called, It Doesn't Have to be Crazy at Work. For those watching the video you can see this here, It Doesn't Have to be Crazy at Work. It's got this on the cover. It's got crossed out 80-hour work weeks, packed schedule, super busy, endless meetings, overflowing inbox, unrealistic deadlines, can't sleep, Sunday afternoon emails, no time to think, stuck in the office, all-nighters, and chat blowing up. There's this entrepreneurial sort of myth that it's the hustle, the grind, hard work, tenaciousness, tenacity, and all this painful stuff that we go through as entrepreneurs is some sort of badge of honor. Really, it's actually a badge of failures. It's really what that is. It's showing that you are creating a stressful environment for your team, and you're running a stressful workplace. You probably—if you're honest—are addicted like a lot of entrepreneurs to the adrenaline and the stress. Our body gets accustomed to things we crave and want more of whatever emotion we tend to feel a lot. We get better and better at craving it and feeling it. Our brain actually wires differently over time to experience more of that chemical reaction of whatever emotion that we're experiencing, whether it's anger, fear, stress, or whatever. It Doesn't Have to be Crazy at Work. This is a really great book. He came out later talking about some of the stuff that he taught me on that call. Now, I don't agree with everything in this book. The one thing I really don't agree with is eliminating meetings and what he talks about not having planning or something like that. I believe that having really good planning in business actually decreases communication that's necessary. It increases the calm. It increases clarity. Planning, I believe, is critical in a business, especially one that's focused on high-paced growth, has a lot of moving parts, and communication is really important. It actually significantly decreases your communication. If you have an annual planning meeting, quarterly planning meeting, a monthly planning meeting where you're breaking down these things into smaller and smaller bite-sized chunks, weekly planning meeting, or maybe a 15-minute daily huddle, these are the things we talked about in DoorGrow OS. If these things, the ultimate operating system for a business, especially for a property management business, if you have these meetings, you can run your entire company in a small number of hours a year. That's all you have to do. Anything outside of that, you are really stepping into more of a tactical role overall or you're being more like an employee in the business and doing work. But in a strategic position of leadership, if you have a really good executive team, that's all the time you would really need to be involved in. You may not even have to do that if you have really good executive team members to run things for you, and they have enough vision and clarity on the goals. They can move this business forward. A lot of times, we have a lot of ego as entrepreneurs. We think it's all up to me. Everybody else isn't as smart as me and my team members need me to tell them what to do and to guide them. I'm so brilliant. We don't really know because we don't really involve them in the planning and communication process. I want to point out that business should be fun, and it should be calm. One of my mentors that I'm working with currently that's a coach of mine, he talks about work being boring. He talks about how, when you have a multimillion dollar business and your business is scaling, you then eventually get to a state where you no longer have any major trauma or major glaring problems. You're insulated from these things if you built your team and systems the right way. Now you're just doing the boring work and you need to be willing to do the boring work. His wife who really runs their company and his brilliant and brilliant operator also talks about how if you're doing the boring work and the business gets boring, that's a good sign that you're doing things right. Then it's time to just maybe get a hobby. What most business owners do is they make the mistake and go start something new, or create more drama, either in their personal life. Sometimes they're cheating on a spouse or they're starting a company, or they're burning their existing company to the ground. They create some more drama. One of the things that we have to do is wean ourselves off the addictiveness of having to be so involved in everything, having to have so much connection to everything, thinking that we're so important in the business, and to be willing to allow calm to happen. It doesn't matter if you're just a small company with a small number of doors and you have one assistant. Your business could be calm. Or you could have a really large team and tons and tons of doors, and your business still could be calm. If you have the support at the level that you need, you have the systems that you need, and you allow yourself to be protected from the things that create crazy, you really are able to stay in your lane and in your area of genius and offload the rest. I do recommend this book. It's a really good book. It Doesn't Have to be Crazy at Work. It just is kind of a manifesto for the future of business. Businesses are often connected to analogies of war in competition and fighting, and these massively stressful situations, but calm companies are very efficient companies. They're companies in which people are able to get in the flow work state. They're able to be calm, things get really quiet. My business is very calm now. It's very calm, especially for me. It's very calm. It's very quiet. We don't have a lot of communication that has to happen among our team. Most of our team members are in the flow of doing what they love to do each day. There are little things that pop up here and there but we tackle them maybe in our 15-minute morning huddle. Usually I just ask where they are stuck. Those things all get dealt with then and there might be a little bit of communication in our messaging app that we use each day. We don't have situations, in general, that are immediate or that are urgent. One of the key ingredients is to create a synchronous communication system in the business, which means people can write stuff out, think about it, and post it for the rest of the team to look at later. We can send a voice message to a team member or multiple team members for them to listen to later. Unless something's immediate and urgent, we don't call the team member. We don't walk into their office. We're virtual, so we can't do that. The idea is you want to create systems in place that protect you and insulate you from immediate urgency that is unnecessary. As a business owner, you really want to get to the place where you don't have immediacy and urgency ever bombarding you, attacking you, or disrupting your day. You should be insulated from emergency maintenance requests at three in the morning. You should be insulated and protected from an angry or upset owner as the first round. Maybe you deal with those things after somebody else but your goal eventually is to be the owner of the business, not the property manager. Anyway, I hope this is helpful. Create calm workplaces. It doesn't have to be crazy at work. It can be calm. The business really should be fun. Like I talked about in one of my previous episodes, four reasons. You want to get more fulfillment, more freedom, more contribution, and more support in your business. You need to build a really good team. It's a lot easier to get to the place of having a calm workplace in a property management business once you're in that category where you can afford to have a team, and that's usually in the 200–400 door range. Usually at that stage, you'll see business owners by then they have a team. If you do this correctly, this can be one of the calmest stages ever in your entire business. Most do not do this correctly. I call this the second sand trap because they built their business the opposite way. They built the business around the wrong person because they are the wrong person, which means they're showing up doing the wrong things in the business. They are spending their time doing things that really are not their greatest strength or their greatest area of genius, or give them the greatest peace and calm, or the most fulfillment, freedom, joy, contribution, and support in their day to day. So they're building the wrong team around the wrong role, the wrong person, building a support system and mechanism around the wrong center, sort of the nucleus of this business, which is yourself. They have a false perception of you that is overwhelmed, overworked, stressed, and doing the wrong things, then you're building a team to work with that person. You then have the wrong team which adds more stress, anxiety, and challenge to you. You have the wrong business that's built around them. It all starts with you getting really strong clarity in yourself, which I'm really good at helping clients get clarity on, focus on themselves, and figure out what really brings them the most joy or stresses them out, which things are they doing that are tactical versus strategic, or which things are energetic plus signs versus minus signs. If that is a challenge for you, and you feel like your business is crazy. Maybe you're getting enough doors, maybe you're not. We can help you but maybe you're getting enough doors. Maybe your business feels crazy, and your team feels stressed and crazy. You feel stressed and crazy, and you're not having fun. You're not enjoying your day to day. That's a strong clue that you're out of alignment with those four reasons. You're doing the wrong things. You probably could use an objective perspective and get some support. If that is the case, we will be glad to help you over at DoorGrow. Reach out to us. You can check us out at doorgrow.com. If you feel like it's crazy at work, maybe you need to be honest and recognize there's a part of you that enjoys that. There's a part of us that tends to like the drama and the challenges that we deal with. If the majority of you don't, you don't have to live with it. I've seen businesses dramatically change in a very short period of time. Even in a single quarter, we can have you in a very different role, very different position, way less stress. The right team members, we can reassess your team or redeploy your team in different positions. We can get you your first assistant or whatever. We can help you get into that state to where you are in a place of calm. Just remember, it doesn't have to be crazy to work. Hopefully that's beneficial to everybody. I'm Jason Hull, and until next time, to our mutual growth. Bye, everyone.

The Nomad Capitalist Audio Experience
Why I'm Not Afraid of My Property Being Stolen

The Nomad Capitalist Audio Experience

Play Episode Listen Later Oct 26, 2021 10:10


It's commonplace to fear that your property might be stolen by the government especially when you're living in western countries. In this video, Andrew answers a comment from a viewer on why he is not afraid of his properties getting stolen and explains what you need to consider when investing in foreign real estate. 00:00 Start 4:41 Tbilisi, Georgia 6:13 Porto Moniz, Portugal 6:42 Istanbul, Turkey https://nomadcapitalist.com/ Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best". Work with Andrew: https://nomadcapitalist.com/apply/ Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle. Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort. About Andrew: https://nomadcapitalist.com/about/ Our Website: http://www.nomadcapitalist.com Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist Buy Andrew's Book: https://amzn.to/2QKQqR0 DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.

BiggerPockets Real Estate Podcast
523: Meet Max Maxwell: Broke at 30, Millionaire at 33 | 'Takeover' Ep w Nasar

BiggerPockets Real Estate Podcast

Play Episode Listen Later Oct 26, 2021 48:02


You wouldn't know how far Max Maxwell has come at first glance. Looking at his Instagram, you'll see private planes, a wealth of knowledge on real estate, and seriously shiny Rolexes. Not many people know that only a number of years ago, Max was broke, without enough money to fill up his car with gas, and sleeping at his mom's house after ten years of failed businesses.Max tried everything from running a property management company, to marketing, to managing a restaurant, and many other ventures. None of them truly stuck, causing Max to go from state to state, trying to find a successful business model that would make him wealthy.Now, Max is well known as a master in wholesaling, rental property investing, and philanthropy. He has always made an effort to help those in need and even went to Ghana with today's host, Nasar El Arabi. These North Carolinian investors have truly gone from rags to riches and have been able to find meaningful, lasting success through real estate investing.In This Episode We Cover:How to get your start in real estate investing without any money Finding yourself at the bottom and pushing yourself up to the topFinding, skip tracing, and marketing your first deal as a wholesaler The “conveyor belt” system of off-market deal-findingWhy every great real estate investor MUST be able to spot good dealsJumping into a new niche, even as an experienced real estate investorAnd So Much More!Links from the ShowBiggerPockets ForumsBiggerPockets Youtube ChannelBrandon Turner's InstagramDavid Greene's InstagramBiggerPockets Podcast 522: From “No Comma Paychecks” to 7-Figures Using These 5 Skills w/ Nasar El ArabiGQ MagazineVogue MagazineBarnes & NobleREISkipREIRailBiggerPockets ConferenceBiggerPockets Pro MembershipReal Estate Doru's InstagramReal Estate Doru's WebsiteReal Estate Doru's Youtube ChannelCheck the full show notes here: https://biggerpockets.com/show523See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Big Fat Real Estate Checks
Ep102: Marco Gets Arrested! - Marco Kozlowski

Big Fat Real Estate Checks

Play Episode Listen Later Oct 25, 2021 28:01


Real estate investing is not dangerous, but not following the rules is. Listen in as Marco shares the life-threatening situation that got him into jail and the important lessons learned from that experience.   WHAT YOU'LL LEARN FROM THIS EPISODE What is a sandwich lease option? Why you shouldn't go to your rental property to collect rent The importance of having a property manager Tips for staying safe when investing in real estate   CONNECT WITH US Email: marco@marcokozlowski.com Website: https://marcokozlowski.com Facebook: https://www.facebook.com/realmarcokozlowski/ Instagram: https://www.instagram.com/marco.kozlowski/

my millennial money
442 brokerage fees yay or nay, changes brewing for BNPL, a crypto ETF, money tips for teens + more

my millennial money

Play Episode Listen Later Oct 25, 2021 54:15


Success Trajectory
A Loan For Your New Property That Can Cover Rehab

Success Trajectory

Play Episode Listen Later Oct 25, 2021 5:06


There are loans out there that also can cover your property and the rehab costs, so good news rehab does not have to be out of pocket!

Wealth Matters By Alpesh Parmar
182: Results from first BRRR Deal with Alpesh Parmar

Wealth Matters By Alpesh Parmar

Play Episode Listen Later Oct 25, 2021 8:51


Every Monday, Alpesh will be sharing experiments he did with his investments since 2009. In today's episode, Alpesh will be sharing his views on Results from first BRRR Deal. Alpesh Parmar is an entrepreneur, real estate investor, business owner, author, mentor, and podcast host who is passionate about wealth, life, and health. Alpesh is the host of the real asset investing Podcast – “Wealth Matters”. Alpesh is also co-author of Amazon # 1 Bestselling book – Resilience: Turning Your Setback into a Comeback. He has invested in the USA, Belize, Panama, Paraguay, and India. He owns and manages a portfolio of duplexes and small to medium-sized apartment buildings in Birmingham, Atlanta, and Dallas markets. In this podcast, he will discuss and share his thoughts on Results from first BRRR Deal. (0:02 - 2:11) Opening Segment - Introduction (2:11 - 8:30) Results from first BRRR Deal -Alpesh talked about the duplex that he bought last 2019 and why it was a breakthrough year for him -Process for his first investment and building his team -Alpesh shared how much he paid for the duplex -Property rental - What is BRRR and his experience with it - Alpesh talked about transparency in his investment -Alpesh shared the experience his friend had upon buying the property that he sold -Alpesh also shared how much he was able to save by selling it to his friend -Alpesh give his sentiments about real estate investment (8:30 - 08:51) Closing Segment -If you want to learn more about the discussion, you can watch the podcast on Wealth Matter's YouTube channel and you can reach out to Alpesh using this link. Facebook: @wealthmatrs IG: @wealthmatrs.ig Tiktok: @wealthmatrs

Talkingbird
Madman Across the Water: Moses & Getting Found in Failure — Aaron Zimmerman

Talkingbird

Play Episode Listen Later Oct 25, 2021 39:00


Recorded at the Mockingbird Conference in Tyler, TX, 2016. Property of Mockingbird Ministries, all rights reserved (www.mbird.com).

Get Real Podcast
#149: What Is Happening In The Real Estate Market?

Get Real Podcast

Play Episode Listen Later Oct 25, 2021 19:40


Are we about to face a housing bubble? Dial-in as Ron and Heather discuss how the housing shortage and the record low-interest rates will affect the real estate market in the next few months.   WHAT YOU'LL LEARN FROM THIS EPISODE How interest rates affect house prices Factors involved in the housing shortage Property availability for the last 3 months Impact of high prices in different markets Is this a good time to buy a house?   CONNECT WITH US: If you need help with anything in real estate, please email: invest@rpcinvest.com Reach Ron: RP Capital Leave podcast reviews and topic suggestions: iTunes Subscribe and get additional info: Get Real Estate Success

Get Rich Education
368: How To Buy Your First Rental Property: Step-By-Step

Get Rich Education

Play Episode Listen Later Oct 25, 2021 40:14


One question that I'm asked is: “How do I actually buy an investment property?” I'm going to walk you through it all today, step-by-step. You know, even after I bought my first property, it would have been difficult to recite all the steps. This is partly due to the process's 30-60+ day duration. Though real estate has made more ordinary people wealthy than anything else, it is illiquid. [Watch the video version of this podcast here: https://youtu.be/9jH4_-Bwujs ] It takes more time to buy and sell real property. There's no brokerage "point-click-done" or Robinhood swipes here. This is both a good and bad thing. Because there are several steps involved, there is no panic selling in real estate. This illiquidity keeps real estate prices more stable than nearly any other asset class. This stability (via illiquidity) is one reason why real estate comprises the heart of so many wealthy peoples' portfolios. Real estate prices are a smooth, glassy lake compared to the raging sea storm of volatile gold, silver, cryptocurrency, oil, and stock markets. In under 28 minutes, I lay out every step that you must know for buying rental property. This masterclass-level instruction comes to you without paywalls or logins. I've made it public and free. It includes: Myriad mistakes to avoid Improving your credit report and score A clever way to show a higher income to underwriters Where I get my loans Market selection Property due diligence Making an offer Get an inspection (Always!) Appraisal Signing a Management Agreement Property Closing Own and collect rent (Cha-ching! Finally.)  More Resources mentioned: Show Notes: www.GetRichEducation.com/368 Watch the video version of this podcast here: https://youtu.be/9jH4_-Bwujs Get mortgage loans for investment property: RidgeLendingGroup.com JWB's available Florida income property: www.CashFlowAndGrowth.com eQRPs: text “EQRP” in ALL CAPS to 72000 or: eQRP.co By texting “EQRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel. New Const. Florida SFHs & multifamilies: www.B2Rdirect.com Best Financial Education: GetRichEducation.com Get our free, wealth-building “Don't Quit Your Daydream Letter”: www.GetRichEducation.com/Letter Top Properties & Providers: GREturnkey.com Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold

This Week In Property Podcast
David Smart: The Determination To Change Life Through Property....

This Week In Property Podcast

Play Episode Listen Later Oct 25, 2021 42:41


We sometimes put our heads in the sand with how life works out, convince and justify things to ourselves, or declare that it's just a sacrifice for a greater good like our children.   Today's guest, David Smart, can bravely and honestly attest to that.   But unlike most people, David had the drive, the direction and the determination to change it all...   ----------------   David openly shares his own fascinating personal journey from leaving school without direction, earning money through hard work and progress, and then facing a light-bulb moment in life where the birth of a son caused him to re-evaluate who and where he was.   David shares the rollercoaster trip of some challenges but many more successes as he used property as the vehicle to change life for him and his family.   The conversation covers the plans and marketing, networking and contacts, strategies and approaches that David has built through his business.   Listen to David reveal the challenging aspects of protracted sales, deals that have fallen through, and handling puzzles and challenges in business life.   Also listen to David reveal the amazing goals and targets he's reached, the huge profits he's banked, and the numerous people that he's already helped, such as sellers, investors, agents, and partners.   Listen to David explain how he continues to source multiple property deals at the same time, how he rewards investors who have chosen to work with him, and how he runs multiple businesses with his trusted partner.   Hear David speak of the emotions and satisfaction he felt on reaching his ultimate goal of going full-time in property and being able to stay onshore and spend quality time with his young family.   David's story is a remarkable example and inspiration of what's possible for anyone with the same plan and the same determination to follow it through.

BiggerPockets Real Estate Podcast
522: From “No Comma Paychecks” to 7-Figures Using These 5 Skills w/ Nasar El Arabi

BiggerPockets Real Estate Podcast

Play Episode Listen Later Oct 24, 2021 65:55


Nasar El-Arabi is a self-proclaimed “failure” when it comes to being employed. He wasn't cut out for the banking industry, the call center, or the classroom. Some people aren't meant to be employed, and Nasar was one of them. As soon as he was able to get his start in real estate investing, he realized that this was a path that could help him succeed, all while challenging him in ways the W2 world didn't.Nasar has been wholesaling, flipping, and landlording for over a decade. He has amassed a seven-figure net worth, due to his sweat, grind, and problem-solving. Nasar has put together his list of the five most important traits of any successful real estate investor. These traits aren't what you'd hear at corporate, and they require those who are interested in investing to put in the time, energy, and creativity to thrive.If you're interested not only in real estate investing, but becoming a full-time investor doing what you love, make sure you pay careful attention to Nasar's advice. While these aren't traits you can simply switch on or off overnight, they are things that you can develop over the years you are investing, which can help you build wealth, reach financial freedom, and give you the life you've dreamed of.In This Episode We Cover:How to invest in real estate while making a median income Diversifying your portfolio so you have multiple exit strategies and streams of incomeWhy every investor needs to “become a rookie all over again”Using creative financing to structure deals that benefit the buyer and sellerLeveraging partnerships to find cash, divvy up responsibilities, and purchase more real estateOwning a business and learning the skills that every leader needs to succeedAnd So Much More!Links from the ShowBiggerPockets ForumsBiggerPockets Youtube ChannelBiggerPockets PublishingBiggerPockets BookstoreBrandon's InstagramDavid's InstagramBiggerPockets Podcast 116: How to Quit Your Job Through Wholesaling, Flipping, and Taking Action with Nasar ElarabiBiggerPockets Podcast 500: Robert Kiyosaki: America's ‘Rich Dad' Sees a Real Estate Crash ComingBiggerPockets Podcast 330: How to Ditch Distractions and Get WAY More Done With Cal NewportClick here to check the full show notes: https://www.biggerpockets.com/show522See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In Much Less Detail:  The Podcast
NFL 2021 Week #7: Property Of Aaron Rodgers

In Much Less Detail: The Podcast

Play Episode Listen Later Oct 24, 2021 179:00


The boys look back on an active Week 6 in the NFL, including Dre commenting on how it feels as a Bears fan to be owned by a Packer. Then they give their predictions for a light Week 7 ATS. The Titans attempt to take down two huge AFC squads in a row as they host the Chiefs six days after slaying the Bills, the Raiders attempt to keep their post-Gruden mojo working as they host Jalen Hurts and the Eagles, and the Bengals attempt to slay another legacy division rival after knocking off the Steelers in Week 3 as they visit Lamar Jackson and the Ravens.   Theme music credit: "Spheres" by Robbero   (CC BY 3.0)

The Remote Real Estate Investor
The entrepreneur journey, with the co-founders of Roofstock, Stessa, and Great Jones

The Remote Real Estate Investor

Play Episode Listen Later Oct 22, 2021 45:16


Over the past year, Roofstock has acquired Stessa, an asset management platform made for real estate investors by real estate investors, and Great Jones a Property management company specifically suited to serve remote real estate investors. This helps make Roofstock a one-stop-shop for remote investors. In this episode we have the cofounders of all three of these companies on to explain the companies, why they joined forces with Roofstock, and their pearls of wisdom for investing and entrepreneurship. --- 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.   Tom: Greetings, and welcome to The Remote Real Estate Investor. We have a really fun episode today Michael and I are going to be interviewing the co founders of all the different companies that make up the Rootstock ecosystem. So if you're not aware, over the past six to 12 months, rootstock has acquired an asset management platform called Stessa. A really cool software to manage all of your properties that an asset management layer, as well as a property management company called Great Jones. And altogether it's a it's a really powerful stack of real estate technology tools and operations for investors to have and we brought on the founders from all of these different companies.   So we have Gary Beasley from Roofstock, who was a co founder. We have the two co founders from Stessa in Heath Silverman and Jonah Schwartz. And we have two co founders from great Jones and Jay Goldklang, as well as Abigail Besdin. And we ask them about their company, the fit within the roofstock ecosystem, some pearls of wisdom on investing on starting companies, all of that good stuff. So really excited about the episode we have today. And let's get into it.   Michael: All right, everyone. Well, thank you for taking the time out of your very, very, very busy schedule. We've got a lot of heavy hitters on the line here. So I would love if you could all introduce yourselves to our listeners. One by one. Gary, you want to kick things off? We'll start with you.   Gary: Sure. Great to be here. I'm Gary Beasley. I'm the co founder and CEO of Roofstock.   Michael: Fantastic. And Abigail.   Abigail: Hi, I'm Abigail Besdin. And I am a co founder of Great Jones.   Michael: Perfect Jay.   Jay: Hi, I'm Jay Goldklang, founder and CEO of Great Jones now a Roofstock company.   Michael: And Heath.   Heath: Hey, I'm Heath Silverman, co-founder of Stessa.   Michael: And last but certainly not least, Jonah.   Jonah: Yeah, I'm Jonah Schwartz, co-founder of Stessa,   Michael: And we've got Tom Schneider on the line as well.   So I would love if you all could share, why Roofstock, Stessa, Great Jones decided to join forces. What was the impetus behind that?   Gary: When we first started Roofstock we knew not only did we want to have a marketplace for transactions, but we wanted to build deeper relationships with owners and build a community. And to do that, we knew that we needed to be relevant to all property owners who own single family rentals, not just those who are looking to trade at any given time. And so from the very early days, we were trying to figure out how to do that. And I met Heath and Jonah was 2017. Yeah, 2017. And we just hit it off right away. And I said, Wow, these guys are building something really cool that it could provide software for every single family rental owner out there. And like a Credit Karma app for real estate owners, it'd be a great way to stitch together community get a lot of data and and invite people into the marketplace at the right time.   So we had a marketplace and no community they had this great community they were building through the software. And so when I knew that it would be quite interesting to try to bring the companies together. Unfortunately, they decided to sell their company to JLL and not to us, JLL at the time was a little bit larger than Roofstock still is. But we'll talk about later life comes full circle very recently we were able to buy the business from gll and bring them into the Rootstock family and so that's worked out really well.   And then with with Jay and Abigail we also knew that we needed to have a relevant connectivity to retail owners and offer property management because that's the biggest pain point for owners is to be able to outsource a lot of those challenging tasks to professionals and and so we've been tracking Jay Abigail and Great Jones for a long time. There was an opportunity this year to get together get to know each other more recently and that was sort of the one missing piece of our fully integrated platform was retail property management. We have institutional grade property management through Streetlane, which was the first company that we purchased a couple of years ago and now with Great Jones and with Stessa we've all kind of come into the the ecosystem together one big happy family under the Rootstock umbrella.   And now we're in the process of integrating the businesses and, and, and growing. So. So why don't we turn it over to maybe Heath or Jonah, maybe you go first and then Jay, Abigail, you could you could chat about how, how this all has worked for you guys.   Heath: Yeah, I mean, I don't know if I have anything additional to add other than I still remember those drinks we had back in 2017, where we got introduced and started sort of as a more casual conversation about what we were doing and turned into a couple hours of just diving deep into both of our businesses. And I think it was just very refreshing and super exciting to meet somebody who had, you know, the same big vision, you know, of how do we bring transparency and accessibility to this asset class, that traditionally was just one that, you know, was hard for a lot of people to get into, and just didn't have great technology to help power investors out there. So, yeah, fantastic, it came full circle, we're super excited to be part of rootstock. And yeah, excited to see what we're gonna do together.   Jay: I think Heath and I, and also Gary and I have talked about how similar some of the visions are, that we've articulated, maybe the starting points have been a little bit different, because there's a lot to do. But sort of, I think each of us are organically as heard from, you know, the owners we work with, and to some extent, the residents that we work with, how many different moments they they'd like to, you know, have our partnership or, or, you know, partnership with like minded folks to think about using technology or operations to sort of remove friction and let them focus on on what they enjoy doing best. And I would say, you know, really, for the last 12 to 18 months, we've felt even more pull to help our customers, you know, buy more assets, dispose of assets, make good decisions. And so, you know, when, when there came an opportunity to come together, you know, not just in a partnership, but but but more than that with Roofstock. And also with the Stessa. Folks, it's been really exciting to get to work together, you know, to take take on the world, but with a with a shared vision.   Jonah: Yeah, we hear that from a lot of our customers as well, that they're, you know, what, what they get from stessa is great, but they'd love for us to do more, they want sort of that one stop shop, full stack solution to a lot of these problems, including transaction, including property management. So, you know, fitting together and putting out one solution for our customer base, or shared customer base makes a lot of sense.   Tom: I think what's so neat about these three companies is just solving, you know, three very different problems, from transactions to ownership to asset management. I think a lot of times as a startup, you know, you can have really big eyes and be like, Oh, you know, we want to do all of this, and it works really wonderfully. When it's able to come together. All together, I'd love to hear kind of the evolution that you guys had kind of originally, you know, was it always kind of to build out this full stack on your own? Or was it you know, more niche, I'd love to hear just kind of the evolution of your thought of the strategy of the business. And you know how that unfolded into where we're at today, which I think is a really nice platform, I'll say.   Abigail: I could take the great John's piece there. But it sounds like we're all describing a different starting point that very quickly led to this broader vision. Because ultimately, that's what we all learned pretty quickly, the customer wanted a no friction, one stop shop for the full puzzle. And on the great john side, you know, we started, we exclusively were serving what we call the retail customer, the mom and pop investor. And we had started to describe ourselves as institutional grade PM, institutional grade property management, which meant a whole host of things around the type of service that you deliver, and what you actually do as the property manager.   But it became clear that to really be institutional grade, you had to give the retail investor access to all the things that institutions have access to, which is really a full stack solution to investing. And so we I mean, I think Jay can correct me, but I think within a matter of months of the business existing had articulated that it's actually a platform vision that property management is this wedge into this much larger space. And it It took us quickly to realize that and then that's a drum that we beat throughout the duration of the business, and continue to hear and in talking to both Gary and Heath and Jonah, it feels like everybody had the same path. It was just a different what is the wedge, but the thesis is the same.   Heath: Yeah, 100% are our wedge, we always believe that financials were sort of the foundation of every real estate investors business. So by starting with the financials, we could become the system of record, we have all this data around the performance of their properties of their portfolio. And with that information, we can start providing you know, insights to help them maximize the value of the portfolio. You know, automate a lot of the you know, by automating the financials, we can save them a lot of time, help them make more money and doing so It would basically get us into a place where we could then long term become that platform. But of course, now that we have Roofstock and Great Jones, we've we've definitely accelerated that vision and are able to move a lot faster.   Jonah: Another thing that we hear from Stessa users is that by using Stessa, it gives them the confidence to expand their portfolio and obviously Roofstock and the Roofstock marketplace is there when our customers are ready to expand.   Gary: Yeah, I think bringing these companies together was a really natural thing. And we could talk about why I think it's working. It's still early, but it's working quite well, relative to I think a lot of business combinations. And I think what you're hearing is a lot of commonality of vision. And as Abigail, I think, probably like aptly, we put, we all just started from a different place, but we're kind of going in the same direction.   And so So for us, I think it just says accelerated kind of the growth and the amount of time it would take, rather than having to build all these things ourselves. By bringing them all together, we could just do it much more quickly. And and that's I think what we're seeing and then by getting the businesses together, then in addition to it's not just a one plus one plus one equals three, there are synergies, and we should each be able to grow our businesses faster and more efficiently. Because we're sharing data, we're sharing talent across the organization.   And there's a reason most mergers fail. And a lot of that is cultural. We have been very, you know, careful as we evaluate any of the transactions that we've done, it's got to be the right cultural fit. And this these clearly have been an honor. And I think one of the reasons that we've we actually ended up doing both of these deals was the people probably the primary reason they both had good tech and good businesses, but being able to attract all the the talent, the energy and the knowledge of the founding teams and their their core leaders around them really, really powerful. It's it's just hard to find that out in the market. So. So there's lots of reasons I think we're seeing early returns being very promising for this.   Abigail: I think that we all started a different entry points, and not randomly, but because those entry points were our strengths. So I see Stessa has like having firsthand financial issues with their portfolios, like really understanding that space very well, coming at it from like a real software sophistication, Jay and I and the team that we've built both come from really heavy hitter operators, you know, operationalizing messy businesses with technology. And then you had Roofstock with really deep real estate expertise, having done more at scale in the transaction space than probably any any other team combined. So it's not that we all just had the shared vision and happen to be coming at it differently, you have these really deep strengths that we're all playing to. And when those come together, I think that's part of the one plus one equals three that Gary's referring to.   Tom: Perfect segue into the next question, Abigail. So we've been talking about this kind of platform of the different layers of asset management, property management transactions, I'd love to hear the different founders talk about what is the special sauce within their layer of the transaction? Maybe technology, technology wise, you can explore the face the space of the question, but what would you say is some of the competitive advantages within that vertical of the company that you've started that has come together to form this this platform? I'd love to hear your guys's thoughts on, you know, what makes your segment that much better than other options out there.   Jay: On the Great Jones side, I think what we saw was, you know, a number of different areas of inspiration, I think, as Abigail mentioned, a lot of our sort of founding team. And I think at the core of what a lot of what we do is, you know, how do you take hard kind of online offline problems, maybe where there hasn't been a tremendous focus on sometimes efficiency or the Cust customer experience and build something better? That's sort of enabled by by technology and maybe enables, you know, higher growth and higher levels of quality?   So, you know, what does that mean, with respect to property management, I think the experience that investors have often had is that it can be run as a local service business. And as with many of those cases, there will be a really wide distribution where some people will be excellent, some some teams won't be. There's not a tremendous amount of consistency, facilitated facilitated by technology. It's heavily reliant on the people.   And I think what we found, you know, both them in prior experiences and that Great Jones is by I think the core, the core of what we're doing is thinking about What are the outcomes we want to deliver at the end of the day that creates, you know, a great customer experience and really solid returns? How do we think about instrumenting processes that haven't been instrumented previously? And what that allows? And how do we build great, you know, really nice interfaces for, you know, our own team members, owners, residents, vendors, anyone who needs to engage to create that great outcome.   And what we find that that then leads to, is a much more consistent and controllable level of performance, where we, where our team has much more transparency into how can we drive those returns? How can we drive that quality. And because we've instrumented things beyond captured, that data that maybe historically wasn't structured or captured, we can create much more visibility for an owner or a resident on the status of something.   And so an example would be, you know, doing a property turnover, where it sort of, if you if you know, from move out to kind of rent ready, that there are, there's a bunch that needs to happen in terms of doing a full inspection, considering the different paths to remediate or improve anything, coordinating the work of many different vendors, managing timelines, managing costs, you know, giving an owner the appropriate level of choice. And so we've built things like workflow tools for our own team, external interfaces, owner approvals flows, to really make that more of ultimately, almost like an e commerce and messaging experience for the owner. And that's what we think people have been accustomed to, you know, in other experiences, and enables the owner maybe to to Jonah's point to feel more comfortable growing their portfolio doing so across a number of markets, because they know, you know, the quality outcomes that can come with that.   And so, when we've done that being one example, but I think we consider a lot of the core of what we've done to think about, you know, how do we infuse maybe more consumer tech into a space that that hasn't necessarily had that to create a more, a higher performing, maybe more digital, more consistent experience?   Tom: That's awesome. transparency, control, all of that good stuff. I love it, Jay. Gary, do you want to want to speak next?   Gary: Sure. You know, one thing that I neglected to talk about at the beginning, and I know you wanted us to talk a little bit about our real estate investing experience. And I guess what, what it brought to mind that I was sort of thinking about this, which I think is sort of relevant to what we're all doing is, I started really, at very large scale on the institutional side buying 1000s and 1000s of homes during the last financial crisis, and really, kind of cut my teeth figuring out how to build institutional grade tools that would be used by institutions. And I think what we're doing here together now is taking a lot of those learnings that that I and my co founders, Gregor and Rich, kind of, were deeply embedded in institutional scale. And I don't want to say dumbing them down at all, because that's that it sounds derogatory. Simplifying them, and, and having a lot of that same power that we developed, you know, for institutions, and putting in the hands of, of retail investors. And, and, which is, by the way, where 98% of the home set.   So when we think about the addressable opportunity, as a platform catering to real estate investors, it just gets me so excited that we can take all those learnings and apply them now through these different business models at real scale to to retail investors, which as well as institutional investors. And I think one of the other I think, I guess, learnings or I would say, observations that might be counterintuitive, as people are out there thinking about building their own businesses, and how it might relate, you know, to what they're doing in their own lives.   But we took a little bit of a different path to building Roofstock, where oftentimes people will say, you got to pick the retail segment, or you got to pick the institutional segment, and then focus ruthlessly on that single customer, and don't try to boil the ocean. Well, we did try to boil the ocean in that we, we took a contrarian view and said, there's, you know, 90 million homes out there about, you know, 17 million of them or so are rentals. But that rental home doesn't know whether it's an institutional home or a retail home, it's a home. So we need to understand the whole market.   And by catering to both types of customers. We get data from all of them. And the market is the market. It could be an institutional buyer, retail buyer could be any of that. So So I guess I would just encourage people as they're thinking about that. Their own entrepreneurial journeys don't necessarily always listen to conventional wisdom. Because we didn't, we came at it differently, perhaps more ambitious than we then might have been wise coming out of the gate, but we felt like it was the right strategy has turned out to be, it's a work. And so you know, a lot of it comes down to execution. And being able to prioritize and ruthlessly prioritize when you're trying to do a lot of ambitious things, you have to figure out which is the most important which are the most important and focus on them.   And then also know when to pivot and when to stick to your strategy. That's just kind of another thing is for entrepreneurs out there. And that would be one of the things maybe that's interesting for everyone else on the call is that we've all had times where we've had to pivot our strategy. And that's one of the hardest things as an entrepreneur, you have to have conviction around what you're doing, until you decide you need to do something differently. And I'd be curious if there if any of you, my or my colleagues here had any, any observations around that, but that is something that as entrepreneurs and as real estate investors, you You are always trying to figure out well shoot, do I need to change my strategy here? Or do I need to stick to my stated goals?   Abigail: We had something similar where a great John's we I mean, almost identical, we were serving the retail customer exclusively. And we had the opportunity to serve an institutional customer, which was so different and clearly frightening because you have your your heart envision set around a certain customer experience but but took the leap and did it and we too ended up finding not just that it works, but that it it benefited both customer segments. So the the wisdom of have a single customer segment we too maybe walked away from, and both customer segments benefited in a way that I think, paid off the courage of that paid off. I had definitely received the advice early in my career, less about Greg Jones and more in previous contests to get great at murdering my darlings, which I believe is a literary phrase around being willing to like, you know, move away from a plotline, if it's, you know, not serving the momentum of the book or whatever piece that you're writing and definitely sticks with me. It's it sounds ruthless, but I think it ultimately pays off ends up being the bolder decision.   Gary: And you thought all that stuff that you learned when you were a writer was not going to be beneficial in your entrepreneurial career.   Abigail: Exactly. Here I am.   Heath: I'll add, you know, with Stessa we actually pivoted pretty early on. So the first customers that we targeted were really mid market investors. So people with, I don't know, 50 to 100 million in assets under management who we go after and provide full service bookkeeping to. And that's kind of how we got started offering and create financial solution. But we quickly learned that the really massive market, as Gary was saying, is really this, you know, retail investor out there. So shortly, I don't know, what was it Jonah, was like a year and a half after, after we started signing up customers paying customers, we basically made a big decision, hey, we're gonna go off to this much bigger market much harder to reach. You know, these are investors who are very hard to identify, often not willing to pay upfront. So with a free self service product, and we had to go back and fire all of our existing paid customers, which was, which was a very painful experience, but put us on really the right track to get to where we are today.   And when we went after those retail investors, one of the things that we learned that was really interesting is that, while technology and data is really you know, there's quite a bit out there, it's very pervasive out there today, many of these investors were just not using anything, we found that most of them, they actually had no clue if they were making or losing money on any of their investments. They kept most of their financial data in a out of date static spreadsheet, and the only time that they knew if they'd made or lost that money, or how their properties were performing was once a year when they got the returns from their accountant.   So that was a pretty big insight, we realized that when we built Stessa, and when we targeted these guys, we really needed to make this an incredibly intuitive, very much a consumer grade offering for these guys. So we built this self service to all, you know, purpose built for investors, built by investors, you know, really based on our own pain points that Jonah and I have had after being investors. For a number of years together.   And one of the one of the wonderful things about that is again, this was very, very painful decision to to make this change. But nowadays, our you know, our biggest, one of our biggest areas of customer acquisition is just investors referring other investors. And when you go into our net promoter score comments and see what people are writing, I actually did this. The other week, I took all the words created a word cloud, and the two biggest, most common words that people use when they describe it that our users use when they describe Stessa is easy and love.   Gary: Great, great question prompt Gary, Michael, go ahead. And yet, you know, feel free guys in move in the conversation in a certain direction you think they'll be more engaged in as we're as we're going through, but this is really great. So far, I love the inflection point question of these businesses, I think people are going to love it. Go ahead, Michael.   Michael: So you all individually have mentioned technology and how your companies have leveraged that. So I'm curious if you can give listeners at a high level, what technology you're giving them access to. So they can compete with some of the big players at the institutional level.   Gary: Fundamentally, when we think about what's different about Roofstock it's it's the data and technology that's foundational to what we're doing. So you're you're you've got really the same data and information analytics at your disposal that the major institutional investors have through our platform. And so the whole idea is to make it simple and intuitive, not not overly complex, to have a nice UI, but very powerful data around valuation underwriting how to evaluate investments on a risk adjusted basis with our neighborhood scores.   So the idea would be if you were an experienced investor, or even a novice investor, you can come and use our tools. And, and, you know, we provide, you know, I don't want to say it's training wheels, but but it kind of is your because it's all sort of teed up there with starting assumptions that you could then play with, you could look at other properties, you can, you can participate in the rootstock Academy and learn, you can join that community and share ideas and notes. So we try to provide this as a platform for investors to learn, we have plenty of people who engage with us who never buy anything, but they're just learning about investing and how to how to get on their own journey. And that's fine. It's, it's totally cool, we love it.   But eventually, we were there in case they, they want to do it. So I think in terms of if you if you're not in this in this, professionally, oftentimes just hard to understand how to value something, or how to think about the trade offs of buying a property in a four star neighborhood versus a two star neighborhood and you're playing with a lot of that stuff in. And that's what we're trying to do is continually make make the site in our, our business, intuitive, not overly complex, but have enough power that people can unlock, when they want to get in and do further and further research.   I know, when we were first raising money, we got some feedback from venture capitalists, it turned out to be very good advice. The first version of our site was way too complicated. We sort of nerded out on a bunch of different calculators and all these kinds of things that as kind of professional investors were like, oh, wouldn't it be cool if we could do this and that and that, and we did. And his feedback was, guys, this is a Frankenstein product, I get why everything is there. And it seems like it was kind of you just kept adding things because they were cool. And that's exactly what we did. We we did not, we didn't edit properly. And so that was a really good forcing function for us.   He said, If you could ever clean this up, you'll have a monster company, but it just, you know, it's gonna, everyone's gonna get lost in this. So we did and we, we simplified it greatly. And we took a lot of that functionality, we buried it a little bit deeper into the sites, you can unlock some of the sales analytics and things like that. But there's a real balance between having a powerful set of tools and a simple set of tools. And while people want choice, complexity can be it could tie you up in knots.   And so it's got to be this balance between, you know, editing and providing curated data and choices for people versus you know, maybe say that, like if you walked into a store and none of the products were organized into sections, it'd be so overwhelming, right? But if you if you could get guided to the right part of the store, and then you have three things to choose from, it's a heck of a lot easier. So that was I think another kind of interesting lesson as we were building just because you can do stuff doesn't mean you should In many cases, simpler is better.   Tom: Gary one thing I've been meaning to hear you articulate a response. This question is, for some investors, there's a perception that Roofstock is more for like an intro investor, they buy a house on roof stock, and then they bought it, the training wheels are off and they go buy somewhere else. What would you say to that comment of thinking of Roofstock as kind of like, exclusively as like, on the retail side, just for the training wheels, like the initial investor, and then you, you know, go somewhere else, I'd love to hear your your kind of thoughts on that stigma?   Gary: Sure. Well, I would say it depends on what you're trying to accomplish, right, we have some of the most sophisticated investors in the world buying homes off Roofstock. So it's not just for novice investors, it but we do have a unique positioning, and that there are very few on ramps for investors to to learn how to do it, and we provide that that guide. And if someone buys a home in a particular market, and they want to buy more homes, I think, you know, there's no obligation to do it through Roofstock, you certainly can can use those those skills that you have developed.   But it's it's certainly a heck of a lot easier. Because we've you've got all those tools already. And so there's no reason not to, it doesn't really cost you much to use our system. It's it's a, we charge a small marketplace fee to buyers, but you get all the data and analytics and all that to go there. So I would say if you want to buy remotely, it's very hard to do it on your own. So Roofstock has that infrastructure where we compare you with property management, financing, all the comps and analytics, that you certainly could go do it. But if you're looking at homes in four or five, six different markets on your own, it's very challenging, you have to travel, you have to find real estate brokers to work with.   And so, you know, I don't think, you know, I guess I really don't think about our platform is catering, certainly exclusively to first time investors, although a lot of people do start with us, I think on average, now we're just under two homes per investor. You know, people were using the site, I think a lot of people are trying to buy a home a year. For our platform, there's certainly no obligation to continue to use this. But I think for the most part, what we're seeing is people kind of continuing to use us and maybe using more and more of the tools over time, as they do get more sophisticated, maybe you do start to think about portfolio construction and think about where you want to own homes and set up little alerts, put yourself on a program to get build a diversified approach.   So I think it's it's a testament to the platform that we're building and the veracity of it, that it can be something that someone could start with, and then stay with throughout the lifecycle. And you can get as as geeked out is as you know, intense as you want about some of the tools and analytics, but you don't have to.   Gary: And plus all the other additional layers within stessa. Great Jones and Michael, do you want to just reiterate that question that Gary answered first related to technology we can have. Jay, Jonah and Heath take a stab at it as well.   Michael: Yeah, absolutely. So curious to know, because you all come from a technology background, what technologies and tools the individual investor has, Abigail, I think you said a nice that the mom and pop investor has at their disposal because of the companies that you all have founded?   Jonah: So I think he then I, you know came to this not because we were full time real estate investors, right? Real estate was sort of like our side side hustle while we were working in in the tech industry. And you know, that our day jobs in the tech industry, you have access to workflow automation, KPI, dashboards, like, you know, sophisticated modeling tools. And when we were working on our side hustle, owning a moderately sized real estate portfolio, we were doing spreadsheets and sending a lot of emails back and forth and had a stack of stack of paper documents on our desk. And so that was that was really the core problem that we were looking to solve is is give people that those sort of, you know, professional tools, but make it simple and make it purpose built for real estate.   Jay: Yeah, I think, you know, taking on a bit more of the operational side of property management but with a similar lens. A lot of our product strategy has been about, you know, how do we build the internal tool set and structured data that helps us create the outcomes in a scalable way. across, you know, an increasing number of markets, so enabling, you know, investors to work with us across a bunch of markets, that then leads to that transparency for the owner. And I think, you know, I talked a bit about how we've thought about turns in that context, I think that sort of measurement also allows us to then, you know, really lean in and maybe build some more custom tooling where we see there's going to be a benefit.   So for example, when we were very focused on once we had built a lot of the measurement of turn times, we saw there was an opportunity to get, you know, our staff out to homes to inspect them faster, that led to us building a set of sort of prioritization and routing tools, focused on that problem, that sort of prioritization of field work and, and completing that. And so I think part of where that thing goes, in addition to the outcomes for our investors, is a new layer of intelligence into that operational layer. So because we're measuring things like processes, or costs, maybe ROI around things like maintenance or turns or, you know, how did those decisions work out that we made around renewals or leasing, it's been our, you know, our goal, to think about how to structure those data sets, maybe into the owner, you know, web application, or, or help owners make their next decisions based on a sort of a layer of ownership that they haven't had that transparency into historically.   Michael: So I've got just one last question for everybody and very curious to see where it takes us. But I would love if you all can share a little pearls of wisdom or a nugget that you've picked up, because you are founders and co founders of tech companies that you find really applicable to real estate investors, what's the kind of an actionable takeaway or something that an investor can walk away from listening the episode today, from you all that have that have founded companies?   Abigail: I already shared, that you need to murder your darlings. So let that ne a minimum pearl.   Tom: We should we should name the episode.   Abigail: The website, you know, the original Roofstock website was so complex that he had to murder maybe just bury some darlings. So I think we saw that that the same lesson play out there, the the main piece of advice I have is to not overreact to things that are on fire. So just sort of set that your baseline is that all things will be on fire, there'll be multiple fires, and that you shouldn't over pivot or over course, correct, based on anyone, you know, imminent moment of pain, which I think takes a degree of articulation and commitment to where you're going and what the longer term path is. Less that be taken too literally, for real estate investor, I don't mean to use fire, like if something's on fire. Surely, that's not the lesson to be learned there.   Michael: I was just gonna say, do you know about the two fires that I've had in my building, I don't, I don't, where were you two years ago to calm me down.   Abigail: But whatever, whatever the appropriate corollary is, you know, to be confident in whatever strategy you set and be committed to it and not over pivot based on, you know, near term troubles.   Jonah: I would second that, that in real estate, it can be tempting to try to optimize one particular transaction or renovation at the expense of like the long term. You know, thinking about your, your network, your you know, the your business relationship, so the team that you're using to build your real estate portfolio up. And, you know, obviously, you know, building a startup is similar, you can't get, you know, there's the day to day aspect of it. But you also have to make sure you're always building for the long term.   Heath: Everything takes so much longer than you ever expected.   Gary: I would agree with that. I agree with all those those pearls of wisdom. I think having the right long term orientation, making decisions that are right for the long term, very critical, whether you're an entrepreneur starting a company or you're a real estate investor, you know, how much do you want to invest in your renovation, it's going to cost you more, but then it's going to cost you less on an ongoing basis that when you're starting a company, how much do you want to invest upfront in your core technology and in your team, you could do things more on the cheap, but it might not be as enduring. So I would think about investing, you know, in capital and people that are really, really critical.   And then I would say, just on the entrepreneurial side, what has worked for me is real optimism is I think there's different ways and but it's you're intellectually honest, but you're optimistic and you're in solution oriented. You can fall into despair very easily as an entrepreneur or if you have a real estate investment that's going sideways, but if you really sort of say okay, we are where we are, you know, what are our options, how do we fix it and I know we're going to get through this. It You find very few entrepreneurs who won't don't have a glass half full kind of orientation.   A good friend of mine found in Workday. His name's Aneel Bhusri. And he also founded, you know, another company with Dave Duffield earlier in his career. And so Dave co founded Workday with him as well. And, Aneel said one time, he said, Yeah, you know, I'm, I'm, uh, you know, I'm a glass half full kind of kind of person. And I'm a good complement to today, my co founder, you know, by contrast, he's a glasses, entirely full type person. So, you know, it's not as a glass half empty glass half full. And Aneel thought he was, yeah, I'm pretty optimistic. Dave was like, oh, off the charts, this is going to work. And this is how it's worked. He's created multiple billion dollar, you know, multi billion dollar companies. But so I would say attitude is important, and perseverance.   And I think by keeping that positive attitude, not everything is going to go right, you need to try lots of stuff, and celebrate failures, keep going. So we like to say at Roofstock, you know, fail forward fast, try new things, celebrate those things. And it's not easy to celebrate failure. It sounds kind of silly, and it's kind of a West Coast thing. But we do try to do it and you know, talk about things that don't work. And eventually, you're going to find some magic in there. And if people aren't comfortable failing, they don't take those chances. So I think, you know, those are a few things that I would just I would share.   Heath: You know, and I'm gonna add one more, which is luck surface area. And as you're talking about optimism, it kind of reminded me of this. So at my wedding, Jonah actually gave the best man speech. And he spoke a bit about luck surface area and how it applies. And I would say, both in real estate, and in starting a startup, you know, you really got to just put yourself out there, make it known where you want to be, you know, go and scream from the rooftops, hey, this is what I want to accomplish. This is what I want to do make sure everyone is you know, knowing what you're trying to do. And hopefully the right people will kind of step up and, and help you get to that end goal.   Gary: I love that luck surface area. You know, if you think it was Ben Hogan, who also said, the more I practice, the luckier I get. So there's no substitute for that hard work element, as well.   Tom: Jay, do you want to close this out? I haven't heard your pearl yet. Do you want to get to the final pearl?   Jay: Sure. I mean, I think I think it goes back to something Gary said about investing in the team where I think the quality of the team. And I think relationships among the team are just such a huge lever in it, whether it's startups or really trying to be successful at anything. And so I think, being patient around building the right team, having a high high bar for the right team, and sort of, you know, who's your network that you rely on, as you build a portfolio as you build a company, I think has, you know, led to some of our greatest successes and, and some of our missteps occasionally. And so I think, as has always been, you know, something, something I've tried to keep in mind.   Gary: And I would say, you know, one thing that I've also learned over time, and I firmly believe is, is the right strategy, whether you're building a company or a real estate portfolio, even though buying property is transactional, there is a way to live your life and build your career in a way that's more relationship oriented. And I think some of the most successful entrepreneurs, whether it's in tech or real estate, take the long view, and don't view everything as transactional. And while you want to get a good deal on a property, you might be dealing with a serial seller, you deal with that person well, you're going to develop in the long run, you're going to do much better by trying to find Win Win outcomes.   And so that I would put that out there because I think oftentimes in real estate, people view things very much as a one shot deal. very transactional, trying to maximize everything. And I think if you sort of take a step back a little bit, sometimes and optimize for the long run, take more relationship view can be smart.   Tom: We love to hear your feedback. So if you have any questions you want to ask some of these co founders about real estate entrepreneurship. Please, if you're watching this on YouTube, just write it into the comments. We watch that stuff all the time. And if you're listening to this on a podcast, if you could write this in the either Apple podcast comments, or you can just email us you can email us at help at roof stock.com with questions, comments, anything you Want related to this content that we're creating and as always, happy investing

Creative Capital
Creative Capital Podcast 108: Seller Financing Mobile Home Parks with Gabriel Hamel

Creative Capital

Play Episode Listen Later Oct 22, 2021 54:24


Welcome back to the Creative Capital Podcast with Josh Ferrari! In this episode, I am speaking with Gabriel Hamel! Gabriel is a professional real estate investor whose passion for real estate, business, and financial freedom has helped him to amass a multi-million-dollar real estate portfolio consisting of single-family homes, multi-family apartments, and commercial real estate. From humble beginnings, a book on real estate, and a strong desire for financial freedom, Gabriel set out to find creative ways to start purchasing income-producing investment Real Estate. Gabriel is a strong advocate of financial literacy through self-education.   In this episode, Gabriel talks everything about seller financing and mobile home parks. He dives deeper into what seller financing is, what he loves about it, and how he approaches conversations with sellers. Gabriel will also walk us through the world of mobile home park investing and what's ahead for that market. Gabriel also shares his thoughts on the future of the real estate market and why it's important to trust the process. Listen in! [00:01 - 07:59] Introduction     A preview of the episode Welcoming Gabriel to the show Gabriel shares his background Why he considered staying at a job risky   [08:00 - 24:53] Seller Financing: A Closer Look   Getting into seller financing What is seller financing? Gabriel talks about his first seller financing deal Seller financing on a mobile home park Why sellers want to carry financing Gabriel's thoughts on where the market is now Where he thinks the market is headed Why aren't more people utilizing seller financing? How Gabriel approaches conversations with sellers   [24:54 - 38:45] Investing in Mobile Home Parks   What Gabriel likes about mobile home parks Property management in the mobile home parks space Gabriel talks about his current mobile home parks Why it's important to trust the process in real estate How Gabriel was able to own 100% equity in all his properties   [38:46 - 44:32] The Pod Decks Segment   If you were guaranteed the correct answer to one question, what would you ask? Gen Z is the first generation to grow up completely on smartphones. Do you think that we'll have long-term consequences for them? [44:33 - 54:23] The Core Four   What is your favorite real estate-related book? Rich Dad Poor Dad (link below)  What do you think your unique skill is that helped you become successful? Being fearless Tell me something that's true about real estate that almost nobody agrees with you on You need money to make money What one piece of advice would you give the listeners wanting to succeed in real estate investing? Believe that it's possible for you Connect with Gabriel! A summary of the episode Closing words Key Quotes:    “There are a lot of reasons sellers will and want to carry financing. Not all sellers want to be cashed out, so a lot of it's just having the conversation with the seller, seeing what their needs are, and can I give them what they need and make the deal work for me.” - Gabriel Hamel   “I know exactly what the markets gonna do. … It's gonna go up or it's gonna go down or it's gonna hit or it's gonna be flat. That's it. Joking aside, I actually don't care what the market does. … It's always a good time to buy if you buy right.” - Gabriel Hamel   “There are so many different ways to be successful within real estate. It doesn't matter whether it's single-family, multifamily, mobile home parks, land storage, if you're in it long enough and you're committed to it, you'll find success.” - Gabriel Hamel Resources Mentioned:   Rich Dad Poor Dad Connect with Gabriel on Instagram and LinkedIn! You can reach and connect with me on Facebook, LinkedIn, Instagram, and Youtube  For more information about Ferrari Capital visit us on our website https://www.ferraricapital.com   SUBSCRIBE to this podcast for more episodes on how to create your own future through smart and lucrative investments.  LEAVE A 5-STAR REVIEW and share this podcast with someone you know who wants to experience massive growth and success in their business.   Listen to our previous episodes here 

The Amazing Seller Podcast
1054 • What NOT To Name Your Website or Niche Property - Jam Session

The Amazing Seller Podcast

Play Episode Listen Later Oct 22, 2021 36:11


We're going to be talking about naming your website or your niche property. I discovered that people are still making mistakes when naming their websites. This goes back to years ago when they used to name their websitesbecause they thought it would help search. It was going to help to rank faster. Words we want to avoid putting in our blog name. Google has done a recent update. I'll explain what that is here in a minute, but that's what today is going to be about.

The Truth About Real Estate
Close on Your Home Quickly with Cash Offers - with Property Escape Co-Founders, Isaias Boesi and Billy Fach

The Truth About Real Estate

Play Episode Listen Later Oct 22, 2021 59:05


On this episode, we're talking house flipping, selling homes quickly, and negotiating cash deals with Property Escape co-founders, Billy Fach and Isaias Boesi!Watch at YouTube.MatthewMa.com!Billy is an experienced real estate agent specializing in the LA and Orange County, California, markets. Prior to co-founding Property Escape, he worked directly with homeowners and agents acquiring properties for a private investor. He is well versed in the home selling process, averaging 30+ escrow transactions a year at over 20 million dollars in volume. Billy served in the United States Army for 6 years prior to jumping into a career in Real Estate. The core values he learned in the military have served him well in this role. He lives in Torrance with his wife and two daughters. Reach out to Billy at propertyescape.info@gmail.com.Isaias is a first-generation immigrant that came to the U.S. looking for a better quality of life. Prior to co-founding Property Escape, he worked as the leader of the AutoCAD drafting team at an LADWP lighting project. With a dream of building a career in real estate and the help of great mentors, he specialized in helping homeowners, facing difficult situations, sell their houses. His background and life as an immigrant give him the necessary skills to understand his client's problems and bring solutions to the table. Everything he does is aligned with his core values of authenticity, honesty, and love, which is shown in the way he handles his business. He's happily married and lives in West LA with his beautiful wife and dog. Reach out to Isaias at propertyescape.info@gmail.com.Connect:Facebook: https://www.facebook.com/propertyescape1LinkedIn: https://www.linkedin.com/in/billy-fach-8bb0a6150YouTube: https://www.youtube.com/channel/UC1bVpiO4PcMzxnynpgkR1VQWebsite: https://propertyescape.net/Leave a review on iTunes and let me know what you think !Host: Matthew MaMatthew Ma is an Investor, Syndicator, Founder, Coach, and Podcast Host. He's a Broker Associate with eXp Realty and strives to help agents grow their business with proven, effective methods learned from experience. Through his podcast, The Truth About Real Estate, and Avant University, he educates buyers, sellers, investors, and real estate agents on the current state of the market, how to use innovations in technology, sales, and marketing to build a scalable business. As an investor and syndicator with Avant Asset Management, he's dedicated to client success by building wealth through investments in apartment building syndications. Reach out to Matthew Ma at Matt@MatthewMa.com.

Freedomain Radio with Stefan Molyneux
4928 STOP WHINING! Wednesday Night Live 20 Oct 2021

Freedomain Radio with Stefan Molyneux

Play Episode Listen Later Oct 22, 2021 113:59


Philosopher Stefan Molyneux tells you how to stop complaining about your life and start embodying maximum power in the short time you have!(Also the show I am referring to is 'iCarly' not 'Saved by the Bell')www.freedomain.com

Land Academy Show
Property Data Quality Then and Now (LA 1615)

Land Academy Show

Play Episode Listen Later Oct 21, 2021 9:40


Property Data Quality Then and Now (LA 1615) Transcript: Steven Butala: Steve and Jill here. Jill DeWit: Hi. Steven Butala: Welcome to The Land Academy Show, entertaining land investment talk. I'm Steven Jack Butala. Jill DeWit: And I'm Jill DeWit, broadcasting from sunny Southern California. Steven Butala: Today Jill and I talk about property data quality, then and now. It's Data Week this week. Jill DeWit: It is. Steven Butala: In case you haven't noticed. Yeah. Jill DeWit: Do you know what's funny? Is it just me, or do we have six Data Weeks a year? Maybe it's 10. I can't remember, but it's a pretty high number. Steven Butala: I wonder ... I haven't checked our ... You know, I used to obsess- Jill DeWit: It's Data Week again. Steven Butala: We get feedback on how many people listen to the show daily, and a number. I haven't checked, because it keeps going up really well. Jill DeWit: Yeah. Steven Butala: I stopped checking, and if I wonder if it just dramatically drops during Data Week. Jill DeWit: Oh, we shouldn't advertise that. Just slide it in there. Steven Butala: Here's the truth, Jill and I constantly go back and forth just like should we be a teacher or should be we be an entertainer? And you decide. Jill DeWit: Yeah, because we're probably good at one, and we probably stink at the other one, and you know. We'd love to know. You should- Steven Butala: In fact- Jill DeWit: Tell us- Steven Butala: We're probably saying- Jill DeWit: Please tell us. Steven Butala: We're saying to people who don't listen to the show any longer. Jill DeWit: No. Steven Butala: They don't even know that- Jill DeWit: They're not here. Steven Butala: They're not hearing that sentence. Jill DeWit: There we go. Steven Butala: When you guys figure it out, let me know. Jill DeWit: Yeah. Steven Butala: Today's topic ... Well, no before we get into it, let's take a question posted by one of our members on the LandInvestors.com online community. It's free. Jill DeWit: Okay. Steven asks, "For those of you regularly using Zillow, do you put all of the normal listing information like you would on your website, or is it beneficial to leave some information off, like the cash purchase price, if you can post a low per month terms payment instead? I know some like to put minimal information in a Craigslist post, so I'm wondering if any benefit when doing Zillow ads." This is clearly a part ... I'm about to- Steven Butala: Oh, an online sneeze. Jill DeWit: Excuse me. I sneezed. Steven Butala: How's that for reality of telling the truth? I will not edit that out. Jill DeWit: Sorry about that. Steven Butala: By the way, is it healthy to just not let ... to let that out? Jill DeWit: Here we go. I'm not- Steven Butala: Since the day I met Jill- Jill DeWit: We don't agree on sneezes. Steven Butala: This little internal sneeze really concerns me. I say let it out of there. Jill DeWit: Yeah, I know. That's why I walk around with wipes, and I wipe things down where you've been. Steven Butala: I'm not criticizing you. Jill DeWit: Kidding. Steven Butala: I just don't want you to hurt yourself. Jill DeWit: It's not going to do any damage. Steven Butala: Okay. Jill DeWit: I'm positive. Steven Butala: I bet it is. Jill DeWit: No, I think it's better than spraying your sneeze. Steven Butala: I'm not saying ... okay. Jill DeWit: You're supposed to [crosstalk 00:02:38]- Steven Butala: I'm not saying spray. Jill DeWit: You're supposed to put it in your arm, but I wasn't going to do that on the show. Steven Butala: Is that right? Jill DeWit: There we go. I could have gone like this. It would've been funny. Steven Butala: You know what you can do next time, is just ... Jill DeWit: I could have done- Steven Butala: I'm your man for a reason. You can sneeze right into me. Jill DeWit: You know what? That's what I should have done. I should have ... people who are listening and not watching, I should turned to my right,

The Money GPS
China Real Estate ANOTHER Default as Contagion Spreading Fast!

The Money GPS

Play Episode Listen Later Oct 21, 2021 10:12


China Evergrande shares drop after Hopson asset deal falls through https://www.cnbc.com/2021/10/21/china-evergrande-shares-drop-after-hopson-asset-deal-falls-through.html China economy: Property sector must shrink to be stable, says prof https://www.cnbc.com/2021/10/21/china-economy-property-sector-must-shrink-to-be-stable-says-prof.html Chinese Developer Sinic Defaults as Evergrande Contagion Spreads - Bloomberg https://www.bloomberg.com/news/articles/2021-10-20/chinese-developer-sinic-defaults-as-evergrande-contagion-spreads?srnd=fixed-income China Evergrande shelves stake sale, Kaisa clattered by downgrade | Reuters https://www.reuters.com/world/china/chinese-property-bonds-firm-after-kaisa-sunac-make-coupon-payments-2021-10-19/ China Markets Bonds; Property Sector Shrinks: Evergrande Update - Bloomberg https://www.bloomberg.com/news/articles/2021-10-19/yuan-payment-due-china-to-sell-dollar-bonds-evergrande-update China Home Sales Slump 17% as Evergrande Saga Deters Buyers - Bloomberg https://www.bloomberg.com/news/articles/2021-10-18/china-home-sales-plunge-17-as-evergrande-crisis-deters-buyers china gs houses 1.jpg (731×381) https://cms.zerohedge.com/s3/files/inline-images/china%20gs%20houses%201.jpg?itok=8vELZkxb china gs houses 2.jpg (731×376) https://cms.zerohedge.com/s3/files/inline-images/china%20gs%20houses%202.jpg?itok=EMLd2M9M 1240x-1.png (1240×697) https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iNZOWq5Wz6J8/v2/pidjEfPlU1QWZop3vfGKsrX.ke8XuWirGYh1PKgEw44kE/1240x-1.png China's Curbs on Fertilizer Exports to Worsen Global Price Shock - Bloomberg https://www.bloomberg.com/news/articles/2021-10-19/china-s-curbs-on-fertilizer-exports-to-worsen-global-price-shock China Weighs Coal Market Intervention to End Stunning Rally - Bloomberg https://www.bloomberg.com/news/articles/2021-10-19/china-weighs-coal-market-intervention-to-end-stunning-rally China's magnesium shortage threatens global car industry | Financial Times https://www.ft.com/content/1611e936-08a5-4654-987e-664f50133a4b

Crossing Borders with Nathan Lustig
Caterine Castillo, Neivor: Streamlining real estate administration in Latin America, Ep 153

Crossing Borders with Nathan Lustig

Play Episode Listen Later Oct 21, 2021 23:17


Caterine Castillo, Neivor: Streamlining real estate administration in Latin America, Ep 153   In Latin America, a building manager typically has to handle thousands of apartment units and tenants. This means simultaneously dealing with building maintenance, reconciling payments, and meeting tenant and landlord requests. Currently, this is done manually with pen and paper, maybe an Excel spreadsheet or through WhatsApp which leads to inefficiencies and unhappy residents.    Caterine Castillo, Neivor's co-founder and CEO, is trying to make living in Latin America's apartment buildings and condos better. Neivor is a vertical SaaS platform that simplifies condo fee collections and streamlines management and communication between residents, property owners, and building managers. Neivor processes tens of millions of payments per month and help manage 3000+ apartment buildings in Mexico, Colombia, and Ecuador.   I sat down with Caterine to talk about the pain points of property management in Latin America and the differences in Neivor's reception between the Colombian and Mexican markets. We also talk about her experience in finance before becoming a founder and what it was like fundraising for the first time. Growing Neivor's team   One of the biggest lessons Caterine learned from working at corporations was managing large teams. These skills are extremely critical in Neivor's roadmap with a team that is currently growing from 18 employees to 75 in under a year. Caterine also explained that hiring won't solve a company's problems immediately. It's important to understand that people are managing a big learning curve when they join a new team.    Listen to this episode of Crossing Borders to learn more about Caterine's main takeaways from her experience working in corporations.  The importance of connections in VC Caterine's first fundraising experience was with Neivor. She explains that having a great solution and an underserved market with low-hanging fruit sometimes isn't enough. Having the right connections is key. She had connections in the corporate world, but not in the VC world. Besides funding, Caterine considers that those first warm introductions are game-changers for any entrepreneur that is new to the space.   Learn more about Caterine's fundraising journey with Neivor and the connections that were key to their growth in this episode of Crossing Borders. Property management: Colombia versus Mexico Expanding to a new market in another country involves a lot of risks. Consulting with others who have done it before can be really helpful. However, there's so much more insight that can be gained from being on the ground and talking to clients before making a decision to expand. During her time in Mexico, Caterine discovered that their target market was much more receptive to Neivor's product, requiring a different marketing approach than in Colombia.   Check out this episode of Crossing Borders to learn more about the differences between the Colombian and Mexican property management markets.    Caterine Castillo brings her expertise in business development, sales, marketing to propel Neivor's solution forward in Latin America. Her innate passion for team building and creating solutions that disrupt the market will be key to Neivor's success.    Outline of this episode: [2:34] - About Neivor [5:20] - Dealing with fraud [6:35] - Where Neivor operates [7:02] - Becoming an entrepreneur [8:20] - From fintech to founder [9:14] - Biggest lessons learned in fintech [10:24] - Growing Neivor's team  [13:40] - Fundraising process [15:30] - Jumping to Mexico [18:00] - How to sell in Mexico [20:27] - Books, blogs, and podcast recommendations [21:20] - Caterine's advice to her younger self [22:09] - What's next for Neivor?    Resources & people mentioned: Caterine Castillo Neivor Books: The Hard Thing About Hard Things, Lean In  

Commercial Real Estate Pro Network
Rental Property Future with Michael Zuber - CRE PN #323

Commercial Real Estate Pro Network

Play Episode Listen Later Oct 21, 2021 42:35


Today, my guest is Michael Zuber. Michael is a former Silicon Valley accounting professional turned full time real estate investor and the author of one rental at a time where he promises if you can get to four doors, it will change your life. Additionally, he he hosts the every day, I want to say the everyday daily YouTube channel, one rental at a time, where he dispenses tons of useful info investor knowledge by discussing current events and their effect have effect on the real estate market. And he also has a panel of real estate experts. He interviews regularly for additional knowledge. And he's also got an online course. And he's got a challenge to get to 500 deals of which I have participated in here and grateful member of his audience there and I can't encourage you enough to check him out. And in just a minute, we're going to speak with Michael about rentals and rental market.

Yoga Teacher Resource Podcast
Legal Agreements and Music Licensing

Yoga Teacher Resource Podcast

Play Episode Listen Later Oct 21, 2021 43:56


Basic knowledge of the law can support your yoga business. Ashley Dunasta, lawyer & yoga teacher, breaks down important legal principles as the foundation for a safe and vibrant yoga and business practice.   Episode Highlights:  Written agreements - what they mean, when you need them and why they're so important Skillful negotiation as a tool to honor relationships Yoga business as an art and a science  Safe entry into agreements and risk protection for yoga teachers Music licensing demystified   Property rights for legal music use    Links & Resources Follow YTR on Instagram @yoga.teacher.resource  Join the Yoga Teacher Resource email list Join the Yoga Teacher Resource Facebook Group Learn more about the Impact Club   Creatives Learn Law website Creatives Learn Law Instagram @creativeslearnlaw Free Business Law Basics Workshop   Yoga, Self-Worth and the Law with Cory Sterling Legal Considerations for teaching online

BiggerPockets Real Estate Podcast
521: Leukemia & Bankruptcy to Retired with 250 Units in 7 Years

BiggerPockets Real Estate Podcast

Play Episode Listen Later Oct 21, 2021 66:37


People often tell each other to “stay positive” in light of grim circumstances or hard times. This consistent positivity can feel forced when going through something truly terrifying, but it's exactly what helped Jeffrey Holst fight cancer, get out of bankruptcy, and retire in only seven years. Once Jeffrey committed to having no bad days, he was able to either change his day that was going poorly or see the positive in everything around him.This philosophy helped him spur on new relationships, find new partners, and close on deals creatively. It was never “we can't close on this” for Jeffrey, it was “how can we close on this.” He uses what he likes to call the “sideways eight” strategy that allows him to have infinite returns when investing, all while giving his partners and private lenders a sizable profit.Jeffrey also talks about seeing the positive attributes of negative situations, and how he was able to leave his job as a lawyer and hit financial freedom due to his cancer diagnosis and later bankruptcy. If Jeffrey was able to dominate the multifamily market with an underwater net worth, think of what YOU can accomplish in the world of real estate investing!In This Episode We Cover:Buying properties without credit, money, or experience Creative financing strategies that allow you take tackle bigger and better dealsFighting cancer and using hard times to fuel your success Managing a portfolio of two-hundred and fifty unitsThe “last life philosophy” and how it gives you a clear path to victory Syndicating on a small scale to close multi-million dollar dealsAnalyzing your market as a "boots on the ground" investorAnd So Much More!Links from the Show:Carlton Sheets Real Estate Course InfomercialMatt Faircloth's BiggerPockets profileTony Robbins' WebsiteHal Elrod's WebsiteFour Reasons to Invest in Real Estate episode on the Old Fashioned Real Estate Show hosted by Brian Levredge and Jeffrey HolstFeras Moussa of Disrupt EquityBiggerPockets Podcast 488: From 4 Units to 2,000 and Why Large Multifamily “Isn't So ScaryWhitney Sewell of Life Bridge CapitalGoBundanceBiggerPockets Podcast 004: Commercial Real Estate Investing With Frank GallinelliBiggerPockets Radio Podcast 002: Starting Out with Karen Rittenhouse – Subject To, Direct Mail, and Investing from a Woman's PerspectiveGenerational Wealth with Dr. Tony Pennells episode on the Last Life Ever PodcastAkamai Coffee WebsiteMike Tyson's WebsiteArnold Schwarzenegger's WebsiteShaquille O'Neal's Profile Richard Branson of the Virgin GroupCheck the full show notes here: https://biggerpockets.com/show521See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Property Podcast
TPP449: What are property funds and should you invest in them?

The Property Podcast

Play Episode Listen Later Oct 21, 2021 28:00


Should you invest in property funds?  Property funds are the ultimate hands-off strategy, but what are they and should you invest in them?  This week on The Property Podcast, Rob & Rob will be sharing everything you need to know to decide if property funds are the right investment option for you.  They'll run you through exactly what they are, the pros, cons and who they might be right for.  If you've ever considered property funds before but you weren't quite sure, then you won't want to miss this.   In the news  In the latest Market Update we had a lot to cover on the rental market, covering big cities like Leeds and Manchester, and now we're bringing you an update on London.  The Financial Times are reporting that the London market is bouncing back with the Return of the renters: price hikes, bidding wars and bribe.  It seems like Rob & Rob were right with the prediction that city centres are not dead yet.  Hub Extra Intrigued by property funds and want to solidify what you've learnt so far?  This week's Hub Extra is our brand-new YouTube video Why would you invest in a property fund?   This short and snappy video is the perfect recap.  And if you're looking for the episode about our new app Portfolio, you can find that here and sign up for the waitlist here.  Let's get social   We'd love to hear what you think of this week's Property Podcast over on Facebook, Twitter or Instagram. You might even have a topic you'd like us to cover in the future - if so, pop us a message on social and we'll see what we can do.  Make sure you've liked and subscribed to our YouTube channel where we upload new content every week!   If that wasn't enough, you can also join our friendly property community on the Property Hub forum.  See omnystudio.com/listener for privacy information.

Real Estate Espresso
The Allure of Waterfront Property

Real Estate Espresso

Play Episode Listen Later Oct 21, 2021 5:27


On today's show we're talking about how to qualify a waterfront property as having potential for development. This show was the result of several inquiries from a friend who is looking to build a waterfront permanent residence on a desirable body of water near a major city. Waterfront properties have a reputation for being expensive. These properties are in short supply compared with inland properties and they typically sell at a premium to the market. It's easy to understand why, if you love the water. Many of the existing waterfront homes were built at a time when less regulation existed. Today, protection of inland and oceanfront waterways has quite properly brought additional regulation in order to protect the local ecology and wildlife. Gone are the days when you could bring in a few truckloads of sand and voila you have an instant private beach. Those types of shoreline modifications were common 50 years ago, but are prohibited today in most areas. There are nine considerations that are specific to waterfront properties that inland properties generally don't have to deal with. On today's show we review all nine of these specific items.

The Property Couch
361 | When Is It Too Late To Get Into Property?

The Property Couch

Play Episode Listen Later Oct 21, 2021 58:13


Have you left it too late? Has the market moved? Are you too old to start? With the media hyping on about how hot the property market is these days, we get that some of you might be feeling a [...] CONTINUE READING The post Episode 361 | When Is It Too Late To Get Into Property? appeared first on The Property Couch.

The Consumer Quarterback Show
CQB SHOW 102121

The Consumer Quarterback Show

Play Episode Listen Later Oct 20, 2021 50:08


*Tapes Tuesday 1pmTHIS SHOW AIRS: THURSDAY 10.21.21 --------------------------------------------------*NOW LIVE STREAMING TO MULTIPLE PLATFORMS*------------------------------------------------------------------LISTEN MONDAY thru THURSDAY AT 4PM ON AM860 / 93.7 FM SMART TV OWNERS CAN SEARCH BINGENETWORKS TO FIND US ON Roku / Firetv / Appletv /Amazon*Sunday show 102.5fm THE BONE SEG 1. (16:00) 24:30 TO 08:30OPEN :HOW THE SHOW WORKS : We are a Consumer Advocate for you... SPONSOR – PROPERTIES (2) ANTHONY RICKMAN ESQ. - THE RICKMAN LAW FIRM www.therickmanlawfirm.comAnthony shares his experiences defending crimial cases and discusses human trafficking. Listen to a discussion about Chicago gun crimes and how some law enforcement are using hot button issues to gain publicity and get federal dollars. Entrapment happens all the time, police violate the "innocent until proven guilty" standard, and give lawyers an opening to get charges dropped. TEASE TODAYS SHOW.... ------------------------------------------------------------------------- SEG 2 (08:30) 08:30 to 00:00 SPONSOR – GOLF CART DEPOT / DISCOVERY PROPERTIES (2) PATRICK MORAITES – AXIS GROUP LLC axisgroup.com Stay focused on your strengths, Patrick can take over payroll, hiring, HR & Scheduling for your business, so you can do what you do best. Patrick has worked with local businesses to get federal and state funds, listen to how he has helped some of our local businesses. ----------------------------------------------------- SEG 3 (12:00) 24:30 to 12:30 SPONSOR – REPLENISH IV SOLUTIONS PROPERTIES (2) PATRICK MORAITES – AXIS GROUP LLC axisgroup.com ----------------------------------------------------- SEG 4 (12:00) 12:30 to 00:30 SPONSORS -brothersezmoving PROPERTY (1) Feelgood Story FRED DEFELICE – waterscience.us Stop buying bottled water, Fred can set you up with a system that delivers clean drinking water right to your tap, for less tha you spend on bottled water. Remove chlorine, microplastics, presciption meds and heavy metals with Fred's system. 30 Close ........RANDOM ACT OF KINDNESS See acast.com/privacy for privacy and opt-out information.

The Consumer Quarterback Show
CQB SHOW 102021

The Consumer Quarterback Show

Play Episode Listen Later Oct 20, 2021 50:05


*Tapes Tuesday NoonTHIS SHOW AIRS: WEDNESDAY 10.20.21 --------------------------------------------------*NOW LIVE STREAMING TO MULTIPLE PLATFORMS*------------------------------------------------------------------LISTEN MONDAY – THURSDAY AT 4PM ON AM860 / 93.7 FM SMART TV OWNERS CAN SEARCH BINGENETWORKS TO FIND US ON Roku / Firetv / Appletv /Amazon*Sunday show 102.5fm THE BONE SEG 1. (12:00) 24:30 TO 12:30OPEN :HOW THE SHOW WORKS : We are a Consumer Advocate for you... SPONSOR – BRANDON PORTER - VETERAN GUTTERS PROPERTIES (2) DOUG LEVI – STRATEGIC INSURANCEInsurance rates are going up, listen to Doug explain why and how to understand the factors that will influence our insurance rates in the future. Get a review to make sure your policy has no holes, take Doug's gift card challenge. TEASE TODAYS SHOW.... ------------------------------------------------------------------------- SEG 2 (12:30) 12:30 to 00:00 SPONSOR – GOLF CART DEPOT PROPERTIES (2) WILL SMITH – WILL SMITH AVIATION BEAU BLOUIN – VETERAN ALLIANCE CLEARWATER Beau Blouin is a Marine Corps Combat Veteran of Iraq and Afghanistan. He runs a team building, wellness and consulting agency that focuses on creating heart centered & compassionate organizations. He is an advocate for Veteran nonprofits and wellness initiatives. As a brand ambassador for Veterans Alliance Clearwater - he supports their efforts in bringing financial, emotional and regulatory support to veterans in the Tampa Bay Community. Topic of Discussion: On 11 November, Veteran Alliance Clearwater (see attached flyer) is hosting their 17th Annual Veterans Ceremony and Event. This event is for veterans to enjoy a day with their family and other veterans and to raise awareness towards issues our Tampa Bay Veterans are facing. ----------------------------------------------------- SEG 3 (08:00) 24:30 to 16:30 SPONSOR – REPLENISH IV SOLUTIONS PROPERTIES (2) WILL SMITH – WILL SMITH AVIATION BEAU BLOUIN – VETERAN ALLIANCE CLEARWATER ----------------------------------------------------- SEG 4 (16:00) 16:30 to 00:30 SPONSORS -brothersezmoving PROPERTY (1) Feelgood Story MILLY ATHANASON – LAW OFFICES OF MILLICENT ATHANASON athanasonlaw.com Make sure you are covered when it comes to auto insurance, Milly advises our audience to check coverage and learn the steps to defend yourself when you are involved in an auto accident. Limits of coverages and types of coverage allow attornies to be creative when it comes to how to go after specific funds. Make sure your lawyer has experience, knowledge of policy limits and where to look for money, make a big difference. :30 Close ........RANDOM ACT OF KINDNESS See acast.com/privacy for privacy and opt-out information.

my millennial money
441b mms: changing career at 30 to pursue a job you love that still pays well

my millennial money

Play Episode Listen Later Oct 20, 2021 52:55


Niall Kumar is a long time listener and has had an interesting journey working out what career path is right for him. He joins Glen on the show to share his story and encourage others to get honest with what they truly enjoy and value in their career. The chat touches on:

The Boostly Podcast
What's the best type of property to list on Peerspace

The Boostly Podcast

Play Episode Listen Later Oct 20, 2021 3:29


Welcome to Boostly Podcast Episode 382. This is a recap of my Facebook live where I talked about the best type of property to list on Peerspace. 00:00 Start 00:30 Who are listing on Peerspace? 01:40 The moment Peerspace started this • https://Boostly.co.uk • https://Boostly.co.uk/5steps • https://instagram.com/boostlyuk • https://Boostly.co.uk/guidebook • https://Boostly.co.uk/website • https://Boostly.co.uk/podcast

Confessions of a Recovering Landlord
#0073 - Last Mile Logistics and The Digital Revolution - Creating New Real Estate Sectors?

Confessions of a Recovering Landlord

Play Episode Listen Later Oct 20, 2021 31:08


Pandemic highlighted just how important e-commerce is Top 500 retailers have generated a 45.3% increase in 2020 from previous year Huge need for last mile logistics in commercial real estate Property type has to center around supply chain Golden Triangle - Great Lakes → Texas → Florida Infrastructure bill in congress Food delivery (ghost kitchens) Netflix (film studios) Data centers JLL Short Stays = AirBNB for CRE?

Not Your Average Investor
144 | JWB's Property Of The Week - Brand New Construction & Only 4 Mi From Jacksonville's Emerald Trail Project

Not Your Average Investor

Play Episode Listen Later Oct 20, 2021 70:00


JWB Co-Founder, Gregg Cohen will reveal his JWB turnkey property of the week, take questions from the audience, and share insights into the Jacksonville real estate market.This week's featured property...- Is brand new construction- will generate positive monthly cash flow- is located only 4 miles from 55k jobs in downtown JacksonvilleBe the first to know which property Gregg recommends each week as we reveal it live on the show. This is your chance to pick the brain of an investor with 15 years of experience, that oversees $450M worth of assets, and genuinely wants to help you out.

Post Bulletin Minute
Police trespass man from Rochester Public Schools property during school board meeting

Post Bulletin Minute

Play Episode Listen Later Oct 20, 2021 4:31


Stories mentioned in this episode: Day in History: ​1971: Open house in honor of Sister Mary Brigh​ ​Police trespass man from Rochester Public Schools property during school board meeting​ ​MPCA fines Crenlo $22,675 for multiple pollution violations​ ​Colin Powell paid a quiet visit to Rochester's Veterans Memorial in 2007​ ​Tuesday's high school sports highlights​ Read all stories in this episode at postbulletin.com.

Toe-2-Toe Podcast
WWYD: What Are The Risks If Sellers Lie On Property Disclosure Forms?- EP 36

Toe-2-Toe Podcast

Play Episode Listen Later Oct 20, 2021 22:00


This is a special series of The Realtor Fight Club Podcast where we talk about situations that are potential ethics and professional standards violations. What Would You Do in these situations? All cases mentioned and the code of ethics can be found at www.JenniferMurtland.com/Vault    Resources:  Jenn Murtland LinkedIn | Facebook | (513) 400-1691 | Website https://jennifermurtland.com/Vault/ Monica Weakley Website , LinkedIn, Facebook https://www.facebook.com/realestatefightclub Rachael Real |Rachaelreal@gmail.com | (630) 542-8688 | https://www.rachaelreal.com, https://www.facebook.com/rachaelreal Clubhouse live every Thursday at noon Heather Parker 630-320-2068 heather@rp-legal.com   Thank You To Our Incredible Sponsor Partners (Get Great Discounts with these links) Vulcan 7 (2 week trial for $49) - https://www.vulcan7.com/jennifermurtland/ Coach John Kitchens Get Your Free Business Assessment  at  https://coachkitchens.com (Book A Call - Use Affiliate Code Fightclub) Ghostpostr $50 off coupon - https://www.ghostpostr.com/ (Get your daily posts - Coupon Code Fightclub R.E.A.L. Support Solutions - www.realsupportsolutions.com (Promo Code Fightclub for $100 off your first transaction or 3 hours of training

The Uncensored Unprofessor
229 America's Founding or True Christianity?

The Uncensored Unprofessor

Play Episode Listen Later Oct 20, 2021 45:39


Memes this episode counters: "American Christians are too patriotic!"; "America was not really founded in a Christian worldview"; "America was started as an evil nation"; and, "American Christianity is too darned American!" In a quest for historical nuance, I critically work through the Declaration of Independence to discern the worldview of the Founders.

Accredited Income Property Investment Specialist (AIPIS)
383: Property Radar's Sean O'Toole on why housing will NOT Crash in 2021

Accredited Income Property Investment Specialist (AIPIS)

Play Episode Listen Later Oct 19, 2021 40:22


Today Jason welcomes Property Radar's Sean O'Toole as he explains why he doesn't expect housing prices to crash in 2021. The founder of Property Radar says he doesn't foresee another foreclosure crisis like the one in 2008. [2:45] Sean heard from people raising money to buy foreclosures [3:18] Sean doesn't expect a big foreclosure crisis [5:30] Banks learned it was a mistake to rush to foreclose [6:35] Sean doesn't expect price drops, it requires a motivated seller. [9:15] The re-ruralization of America [24:30] Trade deficit leads to low interest rates [29:00] Property Radar's latest research [34:45] iBuyer data shows they are a small part of the market (.5%) www.PropertyRadar.com/ _______________________________________________________ The WEALTH TRANSFER is happening FAST! Protect your financial future now! Did you know that 25% to 40% of all dollars ever created were dumped into the economy last year???  This will be devastating to some and an opportunity to others, be sure you're on the right side of this massive wealth transfer. Learn from our experiences, maximize your ROI and avoid regrets. Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com Jason's TV Clips: https://vimeo.com/549444172  Asset Protection, Tax Savings & Estate Planning: http://JasonHartman.com/Protect  What do Jason's clients say? http://JasonHartmanTestimonials.com Easily get up to $250,000 in funding for real estate, business or anything else  http://JasonHartman.com/Fund  Call our Investment Counselors at: 1-800-HARTMAN (US) or visit https://www.jasonhartman.com/ Guided Visualization for Investors: http://jasonhartman.com/visualization

Threefold Real Estate Investing
The Ins and Outs of Purchasing a Value-Add Property with Kent Ritter #70

Threefold Real Estate Investing

Play Episode Listen Later Oct 19, 2021 47:48


My guest today, Kent Ritter, is a former management consultant-turned-entrepreneur. Kent operates a real estate syndication company, where he empowers his investors to build wealth through real estate. Kent is a great example of someone who had a dream, took the next step towards it, and by learning from those around him, he's now made his dream his profession. Kent digs into the benefits of multifamily real estate investing and the process of purchasing value-add properties. Stay tuned to the end as Kent goes more in-depth into how REI has fulfilled his entrepreneurial passions, but also provided him with the freedom of time to be the father and husband he desires to be. Connect with Kent at: Website: www.kentritter.com Facebook: https://www.facebook.com/realKentRitter LinkedIn: https://www.linkedin.com/in/kentritter/ Kent's Book Recommendations: Am I Being Too Subtle? by: Sam Zell, Think Again by: Adam Grant Kent's Prayer Request: He is trying to focus more on gratitude and blessing others. Connect with Lee: Website: THREEFOLD - Real Estate Investing (threefoldrei.com), Email: info@threefoldrei.com, Facebook: Threefold Real Estate Investing | Facebook, LinkedIn: Lee Yoder | LinkedIn Check out our Free E-book! https://threefoldrei.ac-page.com/5-steps-to-passive-income-for-the-full-time-dad

Creative Capital
Creative Capital Podcast 107: Buying Your First Multifamily Deal: Part 1

Creative Capital

Play Episode Listen Later Oct 19, 2021 17:43


Welcome back to the Creative Capital Podcast with Josh Ferrari! This No-Limit Minute Segment is Part 1 of a multi-part series about buying your first multifamily deal. I am going to take you through the step-by-step process of acquiring your first multifamily deal and share all the things you need to know before starting your journey. In this episode, we will talk about underwriting the property, walking the property, location analysis, and reviewing service contracts. I am also going to talk about the importance of creativity in underwriting and building relationships with brokers. Listen in! [00:01 - 05:54] Underwrite the Property     Building relationships with brokers Looking at the financials It comes down to creativity   [05:55 - 08:43] Walk the Property   Pay attention to all possible capital expenditure items There are instances where retreating makes sense   [08:44 - 10:20] Location Analysis   Do your analysis a step deeper Macro and microeconomics Why checking out the other multifamily assets in the area is key   [10:21 - 17:42] Review All the Service Contracts   Engaging with your property manager Review the premiums with your property management company Submitting an LOI Key Quotes:    “What do I need to do to make this deal work? At the end of the day, that's going to come down to creativity and really deciphering what is going to not only work for you but also how you're going to best effectively manage the asset.” - Josh Ferrari   “If you're not a local, make yourself set apart so that [the brokers] will take you seriously. They will put you on a different level than all of the other Joe Schmoes that are calling them all the time asking for the exact same thing because you took that extra step or the extra steps to be known and to be serious.” - Josh Ferrari   You can reach and connect with me on Facebook, LinkedIn, Instagram, and Youtube    You can also email me at Joshferrari901@gmail.com  For more information about Ferrari Capital visit us on our website https://www.ferraricapital.com   SUBSCRIBE to this podcast for more episodes on how to create your own future through smart and lucrative investments.  LEAVE A 5-STAR REVIEW and share this podcast with someone you know who wants to experience massive growth and success in their business.   Listen to our previous episodes here 

BiggerPockets Real Estate Podcast
520: $47k/Month in Rent, 0 Doors Owned | Rookie Takeover w/ Rafael Loza

BiggerPockets Real Estate Podcast

Play Episode Listen Later Oct 19, 2021 49:23


The hosts look and sound a little different today. There are no beards and we haven't heard one metaphor containing jiu-jitsu lingo... That's because Ashley Kehr and Tony Robinson, hosts of the Real Estate Rookie Podcast have taken over the BiggerPockets Real Estate Podcast! Ashley and Tony regularly talk about how rookies can get their first (or next) deal, but today they're combining expertise to talk about something more controversial: rental arbitrage.Rental arbitrage is a form of subletting that allows long-term tenants to make massive cash flow off of short-term rentals. Someone who's done this to an extreme is Rafael Loza. Rafael was working the night shift as his W2 job when he found out about short-term rental arbitrage. He sat on the idea for a few months, but ultimately tried out the concept on an apartment. This one apartment took home a massive profit, allowing him to quit his job and scale to fourteen units in just nine months.Now, Rafael has twenty-four active units, all grossing thousands of dollars a month in rent for him. Back in March of 2020, Rafael was projected to bring in forty-seven thousand dollars in revenue in one month alone. But, the pandemic hit, forcing him to pivot, switch strategies, and take advantage of the flourishing short-term rental market. He has his sights set on ownership, but now he's simply raking in the short-term stacks.In This Episode We Cover:Rental arbitrage and why it's a low-cost way to get into real estate investingShort-term cash flow vs long-term appreciation and combining the twoThe startup costs it takes to create an arbitrage empireHow to pitch landlords on using their properties for short-term rentalsNegotiating leases and adding a subletting clause to any lease you undertakePivoting when your business hits a wall and combing back strongerAnd So Much More!Links from the ShowBiggerPockets ForumsBiggerPockets Youtube ChannelBrandon Turner's InstagramTony's InstagramAshley's InstagramReal Estate Rookie Youtube ChannelAirbnbVrboThe Real Estate Rookie PodcastClubhouseCheck the full show notes here: https://biggerpockets.com/show520See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Confessionals
383: A Trucker's Bigfoot Property

The Confessionals

Play Episode Listen Later Oct 18, 2021 83:42


In Episode 383: A Trucker's Bigfoot Property, we are joined by Dylin who has had creatures on his property since he was a child. The land he lived on was passed down through his family for generations, and what lived in the woods was not spoken about until there was a reason to speak of them. Dylin recalls three separate occasions in his childhood where a bigfoot made itself known, but despite three encounters, Dylin still didn't realize that there was something unique about this property. He even says that he thought he just had a gorilla living on the land in Louisiana! It wasn't until Dylin was an adult that he locked eyes with something, and understood what was really happening there – and then all the memories from his childhood flashed before his eyes and started making sense. Become a member for AD FREE listening and EXTRA shows: theconfessionalspodcast.com/join MAILING ADDRESS: STE 361 88 Glocker Way, Pottstown, PA 19465 SPONSORS GET Cerebral: getcerebral.com/tony GET SIMPLISAFE TODAY: simplisafe.com/confessionals GET Hello Fresh: hellofresh.com/confessionals14 Promo Code: "confessionals14" for 14 FREE MEALS!!! GET ACORN.TV: acorn.tv/ Promo Code: "tony" (Code must be applied in all lowercase letters!) Get Emergency Food Supplies: www.preparewiththeconfessionals.com Get Beard Oil: bit.ly/2FbOhN5 CONNECT WITH US Website: www.theconfessionalspodcast.com Email: theconfessionalspodcast@gmail.com Subscribe to the Newsletter: https://www.theconfessionalspodcast.com/the-newsletter SOCIAL MEDIA Subscribe to our YouTube: https://bit.ly/2TlREaI Discord: https://discord.gg/KDn4D2uw7h Show Instagram: theconfessionalspodcast Tony's Instagram: merkification Facebook: www.facebook.com/TheConfessionalsPodcast Twitter: @TConfessionals Tony's Twitter: @tony_merkel SHOW INTRO Show Intro INSTRUMENTAL: www.youtube.com/watch?v=kyub39AXxUw Show Intro FREE DOWNLOAD: https://bit.ly/2HxNcw3

Hammer Lane Legends
84: A Trucker's Bigfoot Property

Hammer Lane Legends

Play Episode Listen Later Oct 18, 2021 81:30


In Episode 383: A Trucker's Bigfoot Property, we are joined by Dylin who has had creatures on his property since he was a child. The land he lived on was passed down through his family for generations, and what lived in the woods was not spoken about until there was a reason to speak of them. Dylin recalls three separate occasions in his childhood where a bigfoot made itself known, but despite three encounters, Dylin still didn't realize that there was something unique about this property. He even says that he thought he just had a gorilla living on the land in Louisiana! It wasn't until Dylin was an adult that he locked eyes with something, and understood what was really happening there – and then all the memories from his childhood flashed before his eyes and started making sense. KEEP US FUELED: buymeacoffee.com/hammerlane EMERGENCY PREPAREDNESS FOOD: www.preparewithhll.com LEAVE A VOICEMAIL: 515-585-MERK(6375) EMAIL US YOUR STORIES: hllpodcast@protonmail.com Website: www.hammerlanelegends.com Gear: https://www.hammerlanelegends.com/gear YouTube: www.youtube.com/channel/UC5TWlB5Yqx8JlQr3p3bkkMg Facebook: www.facebook.com/hammerlanelegends Instagram Desktop: www.instagram.com/hammerlanelegends Instagram Mobile: @hammerlanelegends Twitter Desktop: www.twitter.com/HLLPodcast Twitter Mobile: @HLLpodcast Produced by: Jack Merkel

Doing it Right: The Stories that Make Us
Got the guts to be an entrepreneur? Maybe not! | Kyle Waldrep, CEO Dottid | Ep. 119 - Doing it Right!

Doing it Right: The Stories that Make Us

Play Episode Listen Later Oct 18, 2021 25:42


It ain't easy. But did you know how un-easy it can be? Just listen to what it took for Kyle Waldrep to do what he did. Raise $4M to start his tech company – in the big, wide ocean of commercial real estate. After all – hadn't the big players figured it out yet? Obviously the answer is NO. So, Kyle did, and the rest is history.Tune in to hear Kyle talk about the hard parts of what it took to make it big. Monday, 12:30PMCentral.TPOV'S:- Startups take longer than you think- Put in the hard yards. (Focus – no time for fluff stuff)- Be laser focused.- Persevere beyond the negativity.- People are generally opposed to change

Lehto's Law
State Cops Steal $100K+ From Men Going to Buy Property

Lehto's Law

Play Episode Listen Later Oct 18, 2021 13:52


The cops say the money was either the result of crime - or was going to be used to commit a crime. But no charges were filed. http://www.lehtoslaw.com

BiggerPockets Real Estate Podcast
519: 5 Keys to Becoming a Millionaire on Less Than $100k Per Year

BiggerPockets Real Estate Podcast

Play Episode Listen Later Oct 17, 2021 76:11


You may know Ashley Kehr from the Real Estate Rookie Podcast, but you may not know that only a short time ago she was a rookie herself. Ashley started as a property manager for a local investor and slowly made her way from owning one property to owning thirty-three long-term rentals, a short-term arbitrage property, two commercial units, and one mobile home park. Quite a diverse portfolio!What makes this even more impressive is that Ashley wasn't coming into real estate with boatloads of cash. In fact, she and her husband have never collectively made more than six figures from their W2 jobs. So how does someone with a median income generate such a massive amount of cash flow, appreciation, and time freedom?Ashley discusses the five fundamentals of real estate investing that led her to seven-figure net worth. These fundamentals can be used by anyone, at any stage in real estate investing, no matter their experience level. If you're ready to supercharge your investing and go from rookie to rockstar, commit to the game plan Ashley has laid out!In This Episode We Cover:How to invest in real estate while making a median income Diversifying your portfolio so you have multiple exit strategies and streams of incomeWhy every investor needs to “become a rookie all over again”Using creative financing to structure deals that benefit the buyer and sellerLeveraging partnerships to find cash, divvy up responsibilities, and purchase more real estateOwning a business and learning the skills that every leader needs to succeedAnd So Much More!Links from the ShowBiggerPockets ForumsBiggerPockets Youtube ChannelBiggerPockets PublishingBiggerPockets BookstoreReal Estate Rookie Youtube ChannelReal Estate Rookie FaceBook GroupBiggerPockets Rookie PodcastTony's InstagramBrandon's InstagramDavid's InstagramReal Estate Rookie BootcampBiggerPockets Podcast 348: Full-Time Job, Full-Time Mom, and Full-Time Wealth From Rentals with Ashley KehrBiggerPockets Podcast 500: Robert Kiyosaki: America's ‘Rich Dad' Sees a Real Estate Crash ComingClick here to check the full show notes: https://www.biggerpockets.com/show519See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

BiggerPockets Real Estate Podcast
518: The Biggest Takeaways from BPCon 2021 | Live Host Panel from NOLA

BiggerPockets Real Estate Podcast

Play Episode Listen Later Oct 14, 2021 88:15


Marching along Bourbon Street last week was a parade with some of the best real estate investors in the world, celebrating another successful BPCon, ready to take on the world. Throughout the past week, attendees of the conference heard from world-class business leaders, investors, and authors, learning about everything from running a business to short-term rental markets, to self-storage, and more.On this live episode, your hosts, Brandon and David, are joined by Scott Trench, host of the BiggerPockets Money Podcast, Ashley Kehr and Tony Robinson, hosts of the Real Estate Rookie Podcast, and Liz Faircloth and Andresa Guidelli, hosts of The Real Estate InvestHER Podcast, plus special guest Esther, who has a widely impressive portfolio herself.You'll hear the hosts talk about topics like how to connect with fellow investors, future trends influencing the real estate market, what's working today (and what isn't), plus a live version of the Famous Four and Fire Round.If you weren't able to make it to this year's BPCon, plug into this episode and get on the waiting list for next year!In This Episode We Cover:What's ‘firing up' the hosts of the BiggerPockets Podcast Network?What investors can do in today's market to ensure wealth tomorrowFuture trends that allow investors to profitably pivotHow BPCon helps connect investors, reshape ideas, and build wealthHow to vet partners before you go in on a deal with themThe top characteristics that contribute to your success as an investor Why you should definitely be at BPCon 2022 And So Much More!Links from the Show:NPR (National Public Radio)Kevin Leahy's BiggerPockets ProfileMark Ferguson's InvestFourMoreWendy Papasan's LinkedIn ProfileNoah Evans's LinkedIn ProfileRickey Rodriguez's BiggerPockets ProfileYour First Real Estate Investment Podcast: How to Recover from the Great Recession and Leverage Creative Financing to Fund Your First DealJoe Asamoah's BiggerPockets Author ProfileAJ Osborne's Personal WebsiteSteve Rozenberg's BiggerPockets ProfileInvestHer's Partnership Question GuideMeetupHal Elrod's Personal WebsiteDave Ramsey's Personal WebsiteCashflow The Board GameMatt Faircloth's BiggerPockets Author ProfileBiggerPockets CalculatorsThe Real Estate InvestHER CommunityCheck the full show notes here: https://biggerpockets.com/show518See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.