Podcasts about propertythe

  • 58PODCASTS
  • 84EPISODES
  • 42mAVG DURATION
  • 1EPISODE EVERY OTHER WEEK
  • Apr 21, 2025LATEST

POPULARITY

20172018201920202021202220232024


Best podcasts about propertythe

Latest podcast episodes about propertythe

Scottish Property Podcast
Building a Property Business Without Experience with Sean Spalding

Scottish Property Podcast

Play Episode Listen Later Apr 21, 2025 72:26


Steven and Nick sit down with Sean Spalding, a former 9-to-5er who transitioned into a full-time career in property. From being a listener during the early days of the podcast in lockdown, to becoming a sought-after property sourcer and refurbishment project manager, Sean shares his journey, the realities of grafting behind the scenes, and how he built a property-related business without owning a massive portfolio himself.Key Highlights:

Cash Flow Positive
Part 1: My Airbnb Guest Just Sued Me

Cash Flow Positive

Play Episode Listen Later Apr 10, 2025 15:41


What do you do when your Airbnb guest sues you—and the case drags on for years? In this solo episode of Cash Flow Positive, Kenny Bedwell shares the behind-the-scenes story of a lawsuit that caught him off guard, how he navigated the legal chaos, and the surprising truth about LLC protection and short-term rental insurance.This isn't just a cautionary tale—it's a wake-up call for every real estate investor who thinks they're safe behind an LLC. Kenny breaks down exactly what happened, why it matters, and how you can avoid the stress and financial risk that comes with unexpected accidents, lawsuits, and worst-case scenarios.If you're investing in STRs or planning to, this episode is essential listening. From legal layers to loss-of-income coverage, Kenny walks you through the lessons he learned the hard way—so you don't have to.If you've enjoyed this episode of the Cash Flow Positive podcast, be sure to leave a review and subscribe today! Listen now and enjoy!In This Episode You'll Learn:Why your LLC might not protect you the way you think it doesWhat to do immediately if a guest is injured at your propertyThe most underrated mistake STR investors make about insuranceHow to assess the right coverage for your risk level and marketWhy loss-of-income coverage is non-negotiable in disaster-prone areasThe tipping point when you should start building layered asset protectionWhy having a great attorney isn't enough—they need to review your policies tooAnd much more...Resources:Connect with Kenny on LinkedInFollow Kenny on Instagram

The Speaker Lab
How to Master the Three Pillars of Thought Leadership with Dorie Clark

The Speaker Lab

Play Episode Listen Later Mar 11, 2025 42:31


“I knew it was important for me as I built my business to develop markers of credibility, and that would make everything easier. Like the wind is at your back when you have enough credentials that people can say, ‘I'll listen to her.'”In this episode of The Speaker Lab Podcast, host Grant Baldwin is joined by Dorie Clark to talk about an important topic for every speaker — establishing yourself as a thought leader. Dorie breaks down how she manages the tension between choosing a niche and maintaining her broader interests, as well as her primary strategy of letting the market decide for her.The episode also explores the three pillars of thought leadership, as outlined by Dorie: content creation, social proof, and networking. Dorie shares her experiences with building social proof, including the rigorous process of cold pitching to prestigious business schools and publications, a key step on her journey to gaining credibility and establishing authority.Grant and Dorie also discuss the importance of balancing immediate financial needs with long-term strategic goals. They emphasize the necessity of dedicating time to long-term projects while managing day-to-day responsibilities, drawing on principles like the manager and maker day framework to optimize productivity.Throughout the conversation, Dorie provides actionable insights into the practice of thought leadership, such as the importance of nurturing influential connections and choosing a content medium that aligns with personal strengths and interests. This episode is packed with valuable advice for speakers and entrepreneurs looking to elevate their careers through strategic thought leadership and effective brand positioning.You'll learn:Why you should create intellectual propertyThe importance of building multiple revenue streamsThe concept and components of thought leadershipStrategies on niching and market choicesCold pitching and building social proofHow to balance immediate revenue needs with long-term planningAnd much, much more!“The upshot of all these situations where people said send me some stuff and then didn't respond, meant that I had this reservoir of pitch ideas.”Episode ResourcesDorie's WebsiteGet Free Speaker ResourcesBook a Call with The Speaker LabCalculate Your Speaking FeeJoin The Speaker Lab Community on FacebookSubscribe on Apple PodcastsSubscribe on SpotifySee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

WillPower | Mind Growth
Weekly Q&A: Starting in Entrepreneurship, First Real Estate Deal, Major Lessons

WillPower | Mind Growth

Play Episode Listen Later Mar 6, 2025 28:26


In this special solo Q&A episode of The Willpower Podcast, Will answers YOUR questions about his journey — from how he got started in real estate, to the biggest lessons he has learned after interviewing over 200 entrepreneurs. He shares how my faith has guided him every step of the way, the struggles he faced starting out, and what keeps him going today.If you're feeling called to entrepreneurship but don't know where to start — this episode is for you!

Tell me more about cohousing
S3 Episode 61: How Cohousing is different than Coliving

Tell me more about cohousing

Play Episode Listen Later Feb 21, 2025 15:10


Send us a message!In Episode 61 Kelli Soika and Lynn Morstead cover the 5 main areas where the cohousing and coliving models for community living differ from each other. The terms are often used interchangeably in the media as these concepts are introduced into new markets, but there are key differences that interested future residents will want to understand. In this podcast Kelli and Lynn cover these key points of distinction:OwnershipScope of private space Participation in decision-makingInvolvement in management of the propertyThe basis for community life, aka the social contractListen in to see how your understanding compares with this overview.For more information about CoHousing Houston, please check out our website at www.cohousinghouston.com. Let us know if you have

Cash Flow Positive
Part 2: The "Good" Deal Gone Bad with Brian Lambert

Cash Flow Positive

Play Episode Listen Later Feb 6, 2025 42:14


What happens when a great deal turns bad? In this episode of the Cash Flow Positive Podcast, Kenny Bedwell welcomes Brian Lambert, an experienced real estate investor, to break down the realities of short-term rental investing.Brian shares his journey in real estate, from flipping over 100 homes to building a successful short-term rental portfolio. He dives into the risks of over-projecting revenue, the importance of realistic expectations, and how misleading property listings can set investors up for failure. Through a real-life example, Brian explains why due diligence is critical and how knowing the market can prevent costly mistakes.This episode is a must-listen for investors looking to make smarter decisions, avoid financial pitfalls, and navigate today's shifting short-term rental landscape.In This Episode You'll Learn:Why investor expectations vs. reality can make or break a dealHow to spot red flags in revenue projections before purchasing a propertyThe difference between buying real estate vs. buying a business in STR investingWhy knowing your market is the single most important factor in making smart investmentsThe role of patience, persistence, and calculated risk in long-term successAnd much more…Resources:Connect with Kenny on LinkedInFollow Kenny on Instagram

Going North Podcast
Ep. 914 – Book More Business with Lois Creamer (@loiscreamer)

Going North Podcast

Play Episode Listen Later Jan 17, 2025 35:52


“When you are working on your own, you just have to make sure that you do the behind the scenes things that need to be done to create your own success.” – Lois Creamer Today's featured bestselling author is a consultant, renowned speaker, and industry expert who works with speakers, consultants, and experts wanting to book more business, make more money, and monetize their message, Lois Cramer. Lois and I had a fun on a bun chat about her new book, “Book More Business: Make MORE Money Speaking”, some strategies for monetizing your speaking career, and more!Key Things You'll Learn:Why it pays to have a formal launch for your bookSome of the challenges of being a professional speaker and the importance of your intellectual propertyThe game-changing concept of "aftercare" and its value when supporting your client post-engagementThe valuable marketing lesson that Lois learned from Jeffrey Gitomer that she still applies todayWhat Lois does to remain organized and productive as a solopreneurLois' Site: https://www.bookmorebusiness.com/Lois' Books: https://www.amazon.com/stores/author/B07R75YR16/allbooksThe opening track is titled, "Set Sail" by Sparks Dynamite. To listen to and download the full track, click the following link. https://planetastroproductions.bandcamp.com/track/set-sail-intro Please support today's podcast to keep this content coming! CashApp: $DomBrightmonDonate on PayPal: @DBrightmonBuy Me a Coffee: https://www.buymeacoffee.com/dombrightmonGet Going North T-Shirts, Stickers, and More: https://www.teepublic.com/stores/dom-brightmonThe Going North Advancement Compass: https://a.co/d/bA9awotYou May Also Like… Ep. 835 – Turn Words Into Wealth with Aurora Winter, MBA (@AuroraWinterMBA): https://www.goingnorthpodcast.com/ep-835-turn-words-into-wealth-with-aurora-winter-mba-aurorawintermba/Ep. 645 – “How to Build a #Profitable Speaking Business” with Bret Ridgway (@bridgway): https://www.goingnorthpodcast.com/ep-645-how-to-build-a-profitable-speaking-business-with-bret-ridgway-bridgway/Ep. 313 – “Ask Uncle Neil” with Neil Thompson (@teachthegeek): https://www.goingnorthpodcast.com/ep-313-ask-uncle-neil-with-neil-thompson-teachthegeek/216 – “The Write Way” with Amy Collins (@askamycollins): https://www.goingnorthpodcast.com/216-the-write-way-with-amy-collins-askamycollins/Ep. 680 – “The Influence Lottery Ticket for Having High Impact” with Kelly Swanson (@motivationspkr): https://www.goingnorthpodcast.com/ep-680-the-influence-lottery-ticket-for-having-high-impact-with-kelly-swanson-motivationspkr/Ep. 400 – “How to Become a Multimillionaire, but Not Act Like It” with Tom Antion (@TomAntion): https://www.goingnorthpodcast.com/ep-400-how-to-become-a/ Ep. 583 – “How to Be the Face of Your Business” with Tonya Eberhart (@brandfacestar): https://www.goingnorthpodcast.com/ep-583-how-to-be-the-face-of-your-business-with-tonya-eberhart-brandfacestar/Ep. 510 - "Lights, Camera, Action" With Amy Scruggs (@amyscruggssd): https://www.goingnorthpodcast.com/ep-510-lights-camera-action-with-amy-scruggs-amyscruggssd/86 - "Stepping Into the Spotlight" with Tsufit (@Tsufit): https://www.goingnorthpodcast.com/86-stepping-into-the-spotlight-with-tsufit-tsufit/141 - "Thou Shall Be Successful" with William Winfield (@Willisblessed38): https://www.goingnorthpodcast.com/141-thou-shall-be-successful-with-william-winfield-willisblessed38/Ep. 348 – “Bring Inner Greatness Out” with Dr. Mansur Hasib, CISSP, PMP, CPHIMS (@mhasib): https://www.goingnorthpodcast.com/ep-348-bring-inner-greatness-out-with-dr-mansur-hasib-cissp-pmp-cphims-mhasib/Ep. 424 – “Thoughtfully Fit” with Darcy Luoma (@DarcyLuoma): https://www.goingnorthpodcast.com/ep-424-thoughtfully-fit-with-darcy-luoma-darcyluoma/Ep. 610 – “Are You Open To…” with Merit Kahn, CSP (@MeritKahn): https://www.goingnorthpodcast.com/ep-610-are-you-open-to-with-merit-kahn-csp-meritkahn/

Briefed: Commercial Law Updates
Civil claims for fraud and misappropriation

Briefed: Commercial Law Updates

Play Episode Listen Later Oct 25, 2024 65:49


Briefed: Commercial Law Updates What will the seminar cover?A lawyer, a forensic accountant and counsel will examine, from the perspective of a claimant and affected third parties, the nature of relief that may be sought, including proprietary relief, the concepts of tracing, and management of claims for civil fraud or misappropriation.In particular:The nature of relief that may be claimed – monetary and proprietaryIssue to be considered when proprietary relief is sought with respect to real propertyThe concepts of tracing and following; tracing through mixtures, tracing into debts and overdrawn accounts; backward tracingHow does a forensic accountant manage and undertake the exercise of tracing: what instructions and information do they require?Managing clients, including seeking asset preservation orders, claims of privilege against self-incrimination and issues that arise in obtaining documents when undertaking the investigation process.Who should attend?Advisory and dispute resolution lawyers, in-house counsel, accountants andinsolvency practitioners.PRESENTERSPaul McQuade KC (Barrister, Level Twenty Seven Chambers)Paul handles a wide range of complex commercial litigation matters, including banking and finance, charities, competition and consumer law including claims for misleading and deceptive conduct, contract law, equity, managed investment schemes, partnerships, property and leasing disputes, securities and trusts. He has also acted in a number of civil fraud cases and is a Chartered Accountant.Lauren Gamble (Barrister, McPherson Chambers)Lauren practices in a broad range of disputes but predominately in the areas of commercial and insolvency law. Prior to being called to the bar, Lauren practiced as a solicitor in litigation and dispute resolution at several law firms in Brisbane.Mohammud Jaamae Hafeez-Baig (Barrister, Level Twenty Seven Chambers)Jaamae has a broad commercial and public law practice, which encompasses equity and trusts, civil fraud and asset recovery claims, contract law, administrative law, constitutional law, corporations law, consumer law, insolvency, and succession law. In addition to advising on Australian law and appearing in Australian proceedings, he practises at the English Bar from Brick Court Chambers in London.Daniel Hains (Director, Vincents)Daniel leads Vincents Forensic Technology, a division of Vincents Forensic Services. Daniel is a Chartered Accountant and uses his experience in forensic accounting, data acquisition and analytics to provide expertise in financial matters, fraud investigations and commercial litigation engagements. He also works with our highly qualified computer forensics and eDiscovery experts to deliver solutions in the field of digital evidence.Caitlin Connole (Principal, McInnes Wilson Lawyers)Caitlin is a Principal in the McInnes Wilson Lawyers Dispute and Insolvency team and has over 15 yeaDid you miss previous seminars? Check out the seminar archive on Level Twenty Seven Chambers' website for the video recordings and associated materials produced by the speakers.Want to join future seminars live, in person or online? Register your interest.Website: www.level27chambers.com.au

Cash Flow Positive
Part 2: How to make over $500k on one STR with Jeff Usner

Cash Flow Positive

Play Episode Listen Later Oct 17, 2024 56:31


How do you generate over $500,000 with just one short-term rental? In this episode of Cashflow Positive, Kenny sits down with Jeff Usner, CEO of STR Digital, to uncover the secrets behind his luxury short-term rental properties. Jeff has built a portfolio of STRs across Pennsylvania, including a standout property that has grossed over $500,000 in revenue this year alone. He shares the insights, strategies, and mistakes learned over his 11 years in the business, offering actionable advice for anyone looking to scale their short-term rental portfolio.Jeff emphasizes the importance of understanding your target market and designing properties that cater to specific demographics, like families. From swimming pools to home theaters, Jeff's properties deliver a luxury experience that guests return for time and time again. This episode dives deep into the high-end amenities and exceptional hospitality that have set his properties apart, and how Jeff built a brand around this model.Curious about how you can work less and make more in the STR space? Jeff shares his strategies for maximizing revenue, creating memorable guest experiences, and why automating tasks is essential for growing a sustainable and profitable business. Listen now and enjoy!Key takeaways:The importance of catering to a specific demographic for luxury short-term rentalsHow to differentiate your property from competitors by offering unique, high-end amenitiesWhy hospitality and guest experience are more important than just having a beautiful propertyThe benefits of building a brand around your STRs for repeat guests and long-term successAutomating guest communication and operations to save time and reduce stress while scalingHow Jeff generates $500,000 in gross income from one property by working smarter, not harderAnd much more…Resources:Jeff's LinkedInLuxuryRentals.com STRdigital.com Connect with Kenny on LinkedInFollow Kenny on Instagram

The Affluent Entrepreneur Show
If I could only buy 4 assets, this is what I would do...

The Affluent Entrepreneur Show

Play Episode Listen Later Sep 16, 2024 26:01 Transcription Available


Ready to build wealth simply and effectively? Say goodbye to convoluted strategies and confusion!In today's episode of the Building Your Money Machine Podcast, I dive into the four key assets I would focus on if I were building wealth from scratch. I share how investing in yourself, diversified ETF's, real estate, and businesses can set you on the path to financial freedom. Learn how to align these investments with your lifestyle, leverage your expertise, and make informed decisions for sustainable wealth creation.Want to master your finances and live a life by choice? Tune in to the full episode now!IN TODAY'S EPISODE, I DISCUSS: The importance of investing in yourself and your intellectual propertyThe benefits of diversified ETF's and index funds, from liquidity to low feesWhy real estate, bought at the right time, offers unique advantagesRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Why Staying Rich Is Harder Than Getting RichFinancial Armageddon is coming. Here's how you prepare…How to Save YOUR First $100k (My Savings Framework)Listen to These 70 Minutes To Get Rich in 2024    RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:Why Staying Rich Is Harder Than Getting Rich: https://youtu.be/VegPiyx9sno Financial Armageddon is coming. Here's how you prepare…: https://youtu.be/q6HtMLsNyqE How to Save YOUR First $100k (My Savings Framework: https://youtu.be/cex4G3Nbqlg Watch These 70 Minutes To Get Rich in 2024: https://youtu.be/6jA1adsoxSk PRE-ORDER MY NEW BOOK:Building Your Money Machine: How to Get Your Money to Work Harder For You Than You Did For It! The key to building the life you desire and deserve is to build your Money Machine—a powerful system designed to generate income that's no longer tied to your work or efforts. This step-by-step guide goes beyond the general idea of personal finance and wealth creation and reveals the holistic approach to transforming your relationship with money to allow you to enjoy financial freedom and peace of mind.Part money philosophy, part money mindset, part strategy, and part tactical action, these powerful frameworks will show you how to build your money machine.TAKE THE FINANCIAL FREEDOM QUIZ:Take this free quiz to see where you are on the path to financial freedom and what your next steps are to move you to a new financial destiny at http://www.YourFinancialFreedomQuiz.com  

Weiss Advice
Building Equity, Building Community with Kevin Dugan

Weiss Advice

Play Episode Listen Later Sep 1, 2024 29:53


How can building an equity-driven real estate portfolio impact your finances and the communities you serve?Today, Kevin Dugan, the Managing Principal at Altus Investment Group, shares his journey from reading Rich Dad Poor Dad in college to becoming a successful real estate investor specializing in fix-and-flips and small multifamily properties. He discusses the challenges and rewards of managing construction projects remotely, the importance of finding the right partners, and the deeper motivations behind his work. Kevin also highlights the importance of aligning business goals with personal values, particularly in positively impacting the communities he invests in.[00:01 - 06:18] From Book to BusinessThe influence of Rich Dad Poor Dad in shaping entrepreneurial mindsetsThe transition from idea to action—buying the first propertyThe importance of timing in real estate investment[06:19 - 12:06] Scaling Through Sweat EquityBuilding equity through construction as a core investment strategyThe challenges of remote management and the necessity of strong partnershipsEvolving from small-scale renovations to a scalable construction model[12:07 - 18;24] The Why Behind the WorkBusiness as a means to serve and create value across all stakeholdersThe role of financial education in empowering communitiesThe importance of aligning business success with personal fulfillment[18:25 - 24:49] Navigating PartnershipsThe complexities of business partnerships and the need for clear communicationLessons learned from both successful and challenging partnershipsStrategies for finding and maintaining effective business relationships[24:50 - 29:53] Balancing Ambition and LifeThe risks of prioritizing business growth at the expense of personal relationshipsThe value of presence in personal and family lifeThe long-term impact of balancing professional and personal successConnect with Kevin:Website: https://businessownersinvest.com/LinkedIn: https://www.linkedin.com/in/kevinkdugan/LEAVE A 5-STAR REVIEW by clicking this link.WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Tweetable Quotes:"As long as we have construction and buy an asset under value, we can build equity through our construction process." — Kevin Dugan"It's not about just making money. It's about making a deeper impact on a larger scale." — Kevin DuganSupport the Show.

The Norris Group Real Estate Radio Show and Podcast
Wealth Building Blocks One Property at a Time with John Schaub | Part 2 #889

The Norris Group Real Estate Radio Show and Podcast

Play Episode Listen Later Aug 8, 2024 22:47 Transcription Available


John has prospered during three recessions, four tax law changes and interest rates ranging from 6-16% in his 45 years as a real estate investor. His 2016 best selling book Building Wealth One House at a Time, 2nd edition, assisted more than 100,000 real estate enthusiasts on their way to successful invest­ing. John recommends buying better well-located houses rather than cheaper houses and other management-intensive properties. Better houses are more profitable and far less trouble. He advocates paying off debt, owning properties free and clear, and renting only to long-term, high-quality tenants. John buys, sells and manages his own properties, and enjoys providing quality housing at fair prices for working families in his community. He teaches one Building Wealth One House at a Time seminar each year where students learn how to identify the best investment property in their town, how to buy it at below-market prices, and how to negotiate terms that guarantee a profit. John also invests his time helping those who cannot afford to buy a home through conventional sources through his work with Habitat for Humanity and the Fuller Center for Housing. John has served for more than 20 years on the board of Sarasota Habitat, 7 years on Habitat's International Board and currently serves as the past chair of the board of the Fuller Center for Housing. John, a Florida native, is a proud graduate of the University of Florida, where he earned his B.A. from the College of Business Administration in 1970. He is an accomplished boat captain (power and sail), fisherman, skier (snow and water) and an instrument-rated pilot. John loves to travel, especially with his wife Valerie and their young adult children.In this episode:John's journey into writingThe top factor to consider when buying a propertyThe importance of long-term goals in businessKey qualities of a good mentorInvesting strategies and experiencesThe Norris Group originates and services loans in California and Florida under California DRE License 01219911, Florida Mortgage Lender License 1577, and NMLS License 1623669.  For more information on hard money lending, go www.thenorrisgroup.com and click the Hard Money tab.Video LinkRadio Show

Expat Property Story
UK Property Versus Stocks and Shares with Grant Williams

Expat Property Story

Play Episode Listen Later Apr 3, 2024 42:10


#149Do you invest in stocks and shares? Do you invest in property? Maybe you invest in both? If you take two suitcases to the check in counter at the airport, one marked property and one stocks and shares and they tell you that you can only put one on the plane, which one do you choose? Have you ever wondered, like I have why people choose stocks and shares over property? In this episode, Grant Williams, a leading financial content producer and a man with more than 35 years' experience of global finance  discusses:The complexity and management of owning physical propertiesThe responsibility and understanding of investments in stocks, shares, and propertyThe potential shift from stock market to small business investmentThe danger of expecting historical property trends to continue  in light of inflation, interest rates, and asset valuationsThe  benefits of property as an investment during times of inflationThe significance of understanding risk tolerance and managing emotions in investingWe typically work with time poor professionals get a good return on their money by investing with us. To schedule a call to discussLeave an honest review of Expat Property StoryJoin our Mailing List to join our WhatsApp  group AND access our 37 Question Due Diligence Checklist AND our 23 Step Guide to Buying Property at Auction AND our Monthly NewsletterFollow the Show on InstagramTell us the one thing you're struggling with in UK property As a reminder, here are the details of where to meet other Expat Property Investors (For FREE!!!):Hong Kong: The Urban Bakery in the Landmark Building in Central on the first Saturday of each month from 11:30 amDubai: Holiday Inn, Science Park on the first Wednesday of each month (from 7pmSingapore: The Providore at VivoCity on the first Saturday of each month  from 10:30 amKeywordsGrant Williams, investment, stocks, shares, property, property investor, risk tolerance, due diligence, stock market, small businesses, exit liquidity, stock market trading, financial content producer, Real Vision, responsible financial advisers, commercial real estate, inflation, leverage, investment objectives, airport scenario, emotional aspects of investing, Expat Property Guy, Hong Kong property market, corporate defaults, economic downturns, debt levels, interest rates, refinancing debt, central banks, recession, rate cuts

The Author's Corner
Episode #132: The Trouble with Trademarks with Joey Vitale

The Author's Corner

Play Episode Listen Later Jan 11, 2024 31:36


Summary:Many first-time authors wonder about trademarking their book title. Actually, it's not allowed, but there are some creative ways you might still be able to trademark the title of your book. In episode #132 of The Author's Corner, Robin is joined by Joey Vitale, an attorney and business growth consultant. He shares his insightful loopholes so that authors and business owners can protect their intellectual property. Joey pulls back the curtain on all things trademark, and how authors can use them to their advantage.Key takeaways:How do you call dibs on the title of your book so that no one else can use it? Copyrights vs. trademarksLoopholes to protect your intellectual propertyThe three main trademark mistakes business owners/authors makeWhy waiting to file is not a strategyAnd more!Resources mentioned in this episode:Chicken Soup for the SoulMike Michalowicz's Profit FirstFree government database to check for trademarksRobert Kiyosaki's Rich Dad, Poor DadAlexandra Watkins' Hello My Name is AwesomeJoey's free legal bundleAbout Joey Vitale:Joey Vitale is an internationally renowned speaker, award-winning attorney, and business growth consultant. He has spoken to tens of thousands of people across the world. Joey has worked with influential brands like Cultivate Advisors, Honeybook, Maximum Lawyer, and The Futur.Spread the word:LinkedInTwitterInstagramFacebook

The Author's Corner
Episode #132: The Trouble with Trademarks with Joey Vitale

The Author's Corner

Play Episode Listen Later Jan 11, 2024 31:36


Summary:Many first-time authors wonder about trademarking their book title. Actually, it's not allowed, but there are some creative ways you might still be able to trademark the title of your book. In episode #132 of The Author's Corner, Robin is joined by Joey Vitale, an attorney and business growth consultant. He shares his insightful loopholes so that authors and business owners can protect their intellectual property. Joey pulls back the curtain on all things trademark, and how authors can use them to their advantage.Key takeaways:How do you call dibs on the title of your book so that no one else can use it? Copyrights vs. trademarksLoopholes to protect your intellectual propertyThe three main trademark mistakes business owners/authors makeWhy waiting to file is not a strategyAnd more!Resources mentioned in this episode:Chicken Soup for the SoulMike Michalowicz's Profit FirstFree government database to check for trademarksRobert Kiyosaki's Rich Dad, Poor DadAlexandra Watkins' Hello My Name is AwesomeJoey's free legal bundleAbout Joey Vitale:Joey Vitale is an internationally renowned speaker, award-winning attorney, and business growth consultant. He has spoken to tens of thousands of people across the world. Joey has worked with influential brands like Cultivate Advisors, Honeybook, Maximum Lawyer, and The Futur.Spread the word:LinkedInTwitterInstagramFacebook

Storage Nerds
Transforming A $350k Facility Into A $2Million Asset: An Acquisition And Optimization Strategy

Storage Nerds

Play Episode Listen Later Dec 26, 2023 42:07


Have you ever looked at a self-storage facility and thought, “There's got to be more to this?” Well, you're right! In this episode, we're diving into the incredible true story of how one entrepreneur took a run-down, $350,000 self-storage facility and turned it into a sparkling $2 million gem. This is more than just a renovation story. It's a masterclass in self-storage investing. Whether you're a seasoned self-storage pro or just starting, this episode is packed with actionable insights you can use to take your facility to the next level. So join Stacy Rossetti and hear how you could also turn that $350K facility into a $2 million facility. We'll be uncovering the secrets behind this incredible transformation, including:The genius acquisition strategy that landed this hidden potential propertyThe renovation hacks that added massive value without breaking the bank.The marketing magic that turned cold leads into hot rentersThe operational optimizations squeezed every drop of profit from the facility.Love the show? Subscribe, rate, review & share! http://stacyrossetti.com

The Bible Project
What We Should Do After Recovering From Illness. (Leviticus 14:1-54)

The Bible Project

Play Episode Listen Later Oct 31, 2023 25:35 Transcription Available


Reach out and connect to my ministry and help me to continue to make and share great FREE Biblical content everyday by supporting my ministry at | PatreonWelcome and Episode NotesWelcome to a new episode of our series on the Book of Leviticus! In this episode, we'll explore a unique chapter—Leviticus 14—that delves into rituals concerning skin diseases, cleansing, and the consecration of individuals and houses. Though these rituals were specific to the context of the ancient Israelites, they offer valuable lessons that we can apply to our lives today.In Leviticus Chapter 14, we encounter detailed instructions on what to do after recovering from a skin disease. The rituals weren't about seeking a cure but were designed to guide individuals and priests on the process of reintegration into the community after being cured.Join us as we journey through this chapter, unravelling its symbolic and historical significance, and understanding how we can find spiritual lessons within these ancient practices. Episode SummaryIntroduction and Setting the StageWe all experience illness at some point in our lives, and recovering from it involves various responses depending on the nature and duration of the sickness. Leviticus Chapter 14 takes us into a discussion about a ritual related to skin diseases, highlighting what to do after being cured of certain types of diseases.Understanding the RitualsThe chapter is divided into two main parts: the ceremony after a person has been cleansed and what to do regarding contaminated property. The rituals involving living birds, cedar wood, scarlet, and hyssop are crucial to reintegrate the cleansed individual into the community's fellowship and worship.Symbolism and ForeshadowingThe rituals involving the two birds symbolize the liberation of the healed individual and possibly foreshadow Christian baptism, where believers are raised to walk in newness of life. The various offerings presented following the cleansing signify consecration, reconciliation, and dedication to the Lord.Cleansing of PropertyThe chapter also elaborates on the ceremonial cleansing of a house, illustrating that the term 'leprosy' encompassed a broader range of conditions, including mildew or dry rot in a house. The procedures for cleansing the house were meticulous and emphasized the importance of maintaining cleanliness to prevent the potential spread of disease.Lessons for TodayThough we're not bound by these rituals under the Mosaic law, the essence of cleansing, consecration, and gratitude for life are timeless lessons we can embrace. Reflecting on passages from Isaiah and Hebrews, we learn the significance of praising and giving thanks to God, considering these acts as our modern 'sacrifices' of praise, good deeds, and sharing.ConclusionWe conclude by considering the relevance of offering our sacrifices of praise, doing good, aSupport the showFurther Discipleship Training Courses Free at;linkedin.com/in/jeremy-mccandless-68353b16Podcast Archive also athttps://www.youtube.com/c/JeremyRMcCandlessThe LIFE Podcast - The Bible Project | FacebookMy Amazon Author Pageamazon.com/author/jeremymccandlessJeremy McCandless is creating podcasts and devotional resources | PatreonHelp us continue making great content for listeners everywhere.https://thebibleproject.buzzsprout.com

Vetsplanation: Pet Health Simplified
Rodenticide Chronicles ep. 3 - Cholecalciferol Toxicity Unveiled

Vetsplanation: Pet Health Simplified

Play Episode Play 36 sec Highlight Listen Later Oct 17, 2023 35:18 Transcription Available


Send us a Text Message.Welcome to 'Rodenticide Chronicles Episode 3,' where we shed light on cholecalciferol toxicity, one of the most sinister rodenticide poisons. This episode unravels the enigma surrounding the clinical signs and symptoms of cholecalciferol exposure, which often start subtly with lethargy and weakness. As we discuss, the absence of a definitive test to identify the exact toxin makes it challenging for veterinarians to confirm the poisoning promptly. You'll gain a deeper understanding of the limitations and complexities of diagnosing this toxin and why waiting for results can have dire consequences. We emphasize that cholecalciferol toxicity has no quick fixes, and success stories depend on early detection and relentless dedication. Don't miss this comprehensive exploration of the intricacies of cholecalciferol toxicity, a crucial installment in 'Rodenticide Chronicles. What you will learn in this episode:The importance of detailing exactly which rodenticide you may have on your propertyThe diagnostic challenges associated with identifying this toxic threatWhy there is no quick antidote for cholecalciferol poisoningThe importance of symptom-based treatment, including hospitalization, IV fluids, and medicationsHow blood work changes occur over time, impacting the diagnostic processThe significance of ongoing monitoring and the unpredictable prognosisThe necessity of early intervention and vigilant pet care to protect your furry companionsThe long-term effects and complexities involved in managing cholecalciferol toxicityThe value of preventive measures and alternatives to dangerous rodenticides Resources:ASPCA Poison Controlhttps://www.aspca.org/pet-care/animal-poison-control(888) 426-4435Pet Poison Helplinehttps://www.petpoisonhelpline.com/(855) 764-7661Support the Show.Connect with me here: https://www.vetsplanationpodcast.com/ https://www.facebook.com/vetsplanation/ https://www.twitter.com/vetsplanations/ https://www.instagram.com/vetsplanation/ https://www.tiktok.com/@vetsplanation/ https://youtube.com/@Vetsplanationpodcast https://www.youtube.com/playlist?list=PLVbvK_wcgytuVECLYsfmc2qV3rCQ9enJK Voluntary donations and Vetsplanation subscription: https://www.paypal.com/donate/?hosted_button_id=DNZL7TUE28SYE https://www.buzzsprout.com/1961906/subscribe

Collecting Keys - Real Estate Investing Podcast
FF 63 - Deal Case Study - Off Market Lake Cabin

Collecting Keys - Real Estate Investing Podcast

Play Episode Listen Later Sep 29, 2023 15:22


FF 63 - Deal Case Study - Off Market Lake CabinOn today's Friday Focus episode, we are joined by a member of the Instant Investor Mastermind community, Drake Johnson, also known as The Drake Johnson on Instagram. He has achieved significant success in real estate over the past year and is known for his deal-making skills, and he wants to share his knowledge with all of you!In this episode, Drake Johnson shares a deal case study of a single-family residence he acquired through direct mail (our favorite!). The property was an absentee inherited home that had been vacant for seven years. Drake developed rapport with the seller and set clear expectations. After negotiating a price reduction due to unexpected repairs, Drake and his JV partners decided to do a quick flip. They made minor renovations, listed the property, and received multiple offers within a week. The property sold for $269,000, resulting in a gross profit of $100,000! This is the type of ROI that will have you skipping to the bank.Drake emphasizes the importance of taking calculated risks and building relationships with partners to be able to achieve this sort of success. So if a $100K profit sounds appealing to you, be sure to tune in.You don't want to miss this one!Topics discussed in this episode:Building rapport and setting clear expectations with sellersHow using direct mail generates responsive leadsUsing unexpected repairs to negotiate price reductionsProperly analyzing the market and propertyThe benefits of bringing in partners who provide additional valueLearn how to start your own real estate investing business in the NEW Accelerator program! Sign up for one of 10 spots here: https://www.collectingkeyspodcast.com/launchIf you're an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/storeCheck out the NEW Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeyspodcast.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:https://www.collectingkeyspodcast.comhttps://www.instagram.com/collectingkeyspodcast/https://www.instantinvestorprogram.com/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/This episode was produced by Podcast Boutique https://www.podcastboutique.com

Ask Me How I Know: Multifamily Investor Stories of Struggle to Success
Ep423 Navigate Deal Delays and Value-Add Properties Like A Seasoned Pro with David Kamara

Ask Me How I Know: Multifamily Investor Stories of Struggle to Success

Play Episode Listen Later Sep 28, 2023 32:20


Deal delays can be a real headache for both buyers and sellers. So, we invited David Kamara on the show to untangle the mysteries behind these setbacks and dive into the current prospects of value-added multifamily investments in today's ever-changing real estate landscape. Stay tuned for insights that can make or break your next move!KEY TAKEAWAYS  Considerations before buying a long-held propertyThe significance of trust and transparency in investor-broker deals Impact of delayed deals in acquiring properties and loans Reasons for purchasing value-add multifamily deals Why it's crucial to use an investor-centric approach to gauge your risk tolerance RESOURCES/LINKS MENTIONEDDon't miss an incredible opportunity to transform your financial life. Grab your FREE eBook copy of The Personal Cash Flow Formula by visiting https://capesierracapital.com/cashflow and take control of your money like never before!ABOUT DAVID KAMARA David has been a real estate investor since buying his first duplex in 2006. Over time, he has transformed the portfolio from residential, single-family, and duplex units to focus on larger multi-family investing, including apartment buildings and townhouse communities. When David is not looking for the next investment opportunity, he is a successful management consultant and highly sought-after advisor to C-suite executives and private equity investors. He has held a number of interim CIO and COO roles and has been involved in over 50 private equity, corporate, and strategic transactions.David received his MBA from the University of Chicago Booth School of Business. He holds a Master of Liberal Arts degree from the University of Chicago and a Bachelor of Science in Computer Science from the University of Michigan, Ann Arbor. David speaks five languages. CONNECT WITH DAVID Website: Cape Sierra Capital: https://capesierracapital.com/ CONNECT WITH USSchedule a 20-min get-to-know each other call - bit.ly/3OK31kISchedule a 20-min call to explore performance coaching - bit.ly/Coaching-JulieSchedule a 30-min call to learn about investing with Three Keys Investments - bit.ly/3yteWhxJoin the Book and Networking club via Zoom at: bit.ly/3HBPnQw or sign up at: bit.ly/3c0dr1uVisit ThreeKeysInvestments.com to download a free e-book, “Why Invest in Apartments”!Learn how to reduce your tax liability by scheduling a FREE consultation at https://modewealth.com/If you're looking for an affordable healthcare solution, check out Christian Healthcare Ministries by visiting https://bit.ly/3JTRm1I Please RSS: Review, Subscribe, Share!

Life Changing Money with Barbara Schreihans
How to Strategically Buy Your First Rental Property

Life Changing Money with Barbara Schreihans

Play Episode Listen Later Aug 16, 2023 32:04


This week on the Life Changing Money Podcast, my husband Matt, co-founder of Your Tax Coach, and I share all the real estate investing knowledge! We are sharing the good, the bad, and everything in between. Not sure how to start on your real estate investing journey? Who do you need to reach out to first? Is the property you're eying a good deal?We are covering it all!Other topics discussed on today's episode: The first steps you should take when buying an investment propertyThe people you need in your real estate networking groupHow to find a good real estate investment dealWays to increase your rent on your rental propertyPlus so much more!How To Get Involved:Life-Changing Money is a podcast all about money. We share stories of how money has impacted and radically changed the lives of others, and how it can do the same for you. Your host, Barbara Schreihans (pronounced ShREE-hands) is the founder and CEO of Your Tax Coach, and the Creator of the Write Off Your Life Course. She is a kickass tax strategist, business coach, and all-around master when it comes to wealth and finances. Barbara aids business owners and high net-worth individuals in saving tens of millions of dollars in taxes while also growing their profits.When she's not leading her team, coaching clients, or dreaming up new goals for her company, you can find her drinking coffee, hanging out with her family, and traveling the world.Grab a cup of coffee and become inspired as we hear from those who have overcome and are overcoming their self-limiting beliefs and money mindsets!Do you have a burning question that you'd love to hear answered on a future show?Please email it to: podcast@yourtaxcoach.bizSign Up For Our NewsletterLife Changing Money PodcastGet Tax Help! 

The Real Estate Play by Play
Everyone Needs A Playbook

The Real Estate Play by Play

Play Episode Listen Later Jul 26, 2023 18:22


On today's episode, we dive into the fascinating world of property value and appraisals. In order to play the game of real estate, you need to know the playbook. Part of that playbook is the Comparative Market Analysis (CMA) that real estate agents use to determine the market value of a property for buyers and sellers. We explore the limitations of appraisals, which often look at the past and may not reflect current market value, and a strategy of lowering the listing price to attract multiple offers and potentially drive up the value of a property. Join us on this engaging episode as we navigate the intricacies of property value and appraisals, and uncover valuable insights for both buyers and sellers in the real estate market.Tune in to hear:Why the real estate playbook is importantWhat is included in a Comparative Market AnalysisThe difference between appraised value and market valueHow intangibles, like view and location, affect the value of a propertyThe importance for buyers to use a CMA, especially in situations with multiple offersBenefits of listing a property at a lower priceConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

FundCalibre - Investing on the go
261. Navigating opportunities and risks in an inflationary environment

FundCalibre - Investing on the go

Play Episode Listen Later Jun 14, 2023 23:18


James Mee, co-head of multi-asset strategies and manager of the Waverton Multi-Asset Income fund, provides a comprehensive overview of the wide range of opportunities available to multi-asset investors. James delves into Waverton's unique approach to risk management, emphasising that it goes beyond just volatility and encompasses factors like inflation and potential permanent capital loss. He explores the effective strategies employed during uncertain periods, including the use of hedging within the fund to mitigate these risks.The latter part of the episode focuses on the critical topic of inflation and its long-term implications. James analyses various factors such as China's working population, the influence of digitalisation, and the impact of artificial intelligence. To illustrate these concepts, James finishes by sharing two examples from the fund's portfolio: the Chicago Mercantile Exchange and PRS REIT.What's covered in this episode: How the Waverton Multi-Asset team defines riskHow the manager manages risk in the fundWhy investing directly in equities and not funds gives more control over riskHow the manager protects capital during periods of market volatilityThe use of hedging in the fundThe manger's view on inflation in the UKThe inflationary impact of de-globalisation How the decreasing working population influences inflationThe disinflationary force of digitalisationWill artificial intelligence cause a disinflationary impact in years to come?Chicago Mercantile Exchange: what it is and why it looks attractive todayWhy the fund is adding to propertyThe fund's increased exposure to investment grade fixed incomeHow to invest for the long-term during market uncertaintyMore about the fund: The Waverton Multi-Asset Income fund leverages the broader capabilities of Waverton Investment Management to construct a diversified portfolio encompassing direct equities, fixed income, and alternative strategies. The team prioritises risk management as the core of its investment approach, with a focus on safeguarding capital during periods of market weakness.Learn more on fundcalibre.comPlease remember, we've been discussing individual companies to bring investing to life for you. It's not a recommendation to buy or sell. The fund may or may not still hold these companies at the time of listening. Elite Ratings are based on FundCalibre's research methodology and are the opinion of FundCalibre's research team only.

Scottish Property Podcast
Monthly Market Update with Brian Gilmour

Scottish Property Podcast

Play Episode Listen Later Jun 5, 2023 50:43


In this episode Steven and Nick chat to Brian Gilmore of Indigo Square about the latest news, developments and legislation in the scottish market over May We talk about the following:The launch of 100% mortgages by SkiptonForgetting about the 2008 crash The geographical area where 100% mortgages will be available The flip of culture in Scotland from renting to owning propertyThe empty space in Scotland and why there isn't enough affordable housing Purple bricks being sold for £1Fixed fee estate agents vs local estate agents “Tartanising”Mortgage rates rising after drop in inflation surprise Remembering the importance of capital growth Repossessions are on the rise Follow Brian & Indigo Square at:Website: indigolets.comInstagram: @indigosqFacebook: Indigolets**DISCLAIMER**Please do your own due diligence on any of our guests you may decide to do business with. We interview in good faith. However, we cannot be held responsible for any credibility issues that may arise.

Work Less, Earn More
Ep 160: How to Invest in Real Estate to MASTER Passive Income with Dustin Heiner

Work Less, Earn More

Play Episode Listen Later Mar 13, 2023 35:56


Today, I'm talking with my friend Dustin Heiner.Both of us run online businesses where we earn income by selling digital products, but we also both invest in real estate.I earn the bulk of my income, both active and passive, through my online business, but Dustin earns the bulk of his income directly through his real estate investments. So we both had a lot to learn from each other!I wanted to bring Dustin on the show because we don't always talk about what to do with your profits and passive income once you have it and investing in real estate is one way to passively multiply the income from your online business.I had a lot of questions I wanted to get Dustin's opinion on about how to do this most successfully, how to get started, and especially how to do it in today's economy.Dustin Heiner is a real estate investing expert and Founder of Master Passive IncomeBeing Successfully Unemployed at 37 years old by investing in real estate rental properties, he is now on a mission to help everyone to quit their job and never have a job again. He also helps his students build a successful real estate investing businesses all over the country.Through his work at Master Passive Income, Dustin Heiner has become one of the leading real estate rental property experts and has helped countless numbers of others to start investing in real estate rental properties.Listen to the full episode to hear:How Dustin turned getting laid off from what was supposed to be a stable job into being “successfully unemployed” through real estate investmentsWhy Dustin doesn't buy property in hopes it will appreciate value, but for the income it can bring nowHow passive income scales as you purchase additional propertyThe first steps you have to take to get started investing in real estateWhy you might want to invest outside of your own home area Learn more about Dustin Heiner:Master Passive IncomeSuccessfully UnemployedInstagram: @thedustinheinerYouTube: MasterPassiveIncomeMaster Passive Income PodcastFREE Course Text RENTAL to 233777 or go to: https://masterpassiveincome.com/freecourseLearn more about Gillian:100K Method Podcast Series100K MastermindSmall Business 101Startup SocietyGet on the waitlist for VALIDATEProfit Planning ChallengeGet in touch!Instagram: @GillianZPerkins

The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
GM Buyouts, A Town Named Snailbrook, Army Ads and Bellbottoms

The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier

Play Episode Listen Later Mar 10, 2023 15:44


It's a beautiful Friday, folks and the ASOTUverse is ready for it! Today we're talking about GM's buyback moves as they try to cut costs the empathetic way. We also cover a new town just outside of Tesla's Gigafactory in Austin Tx, as well as a reboot of an old Army recruiting slogan. Yesterday, General Motors announced it is working to avoid involuntary layoffs…by paying people to leave. The company will be offering buyouts to all salaried employees that have been with the company 5 years or more. They have until March 24th to accept the offer and will leave the company by June 30th. Non-executives will receive one month of pay for every year w/ the company up to 12 months, plus benefitsExecs will get base salary, incentives, health, and placement servicesThe move is expected to cost the company $1.5B and is part of the GMs plan to cut $2B annually from its cost structureIn a memo sent to employees, CEO Mary Barra highlighted the bright side of things as she wrote the the voluntary separation program, "...presents an opportunity to explore a new industry, make a career change, further a personal business venture or decide you can retire earlier."A reported plan is spinning as Elon Musk may be building a town on a 3500 acre plot just outside of Austin to offer affordable housing and services named “Snailbrook” after the mascot for The Boring Company. There is even a sign up that features a snail design and reads “Snailbrook, EST 2021”The main purpose of the town is to provide affordable housing to Tesla and SpaceX employees. The 2 and 3 bedroom houses will cost about $800/month and will have access to the town's pool, outdoor athletic fields, and fitness center. There may also be a school built on the propertyThe site will also be home to some of the companies warehousesJust like bell bottoms come back around every couple of decades, the Army is reviving its “be all you can be” slogan and revealing new visual designs in a new brand campaign featuring pointed, cinematic storytelling and Creed III star Jonathan MajorsThe slogan was created in 1981 and ran through 2001 but then disappeared from the Army's marketing As Majors walked through various scenes of historical challenges the Army has fought through, he asked the question, “When you look into your future, do you see obstacles, or possibilities?”Get the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/ Read our most recent email at: https://www.asotu.com/media/push-back-email Share your positive dealer stories: https://www.asotu.com/positivity ASOTU Instagram: https://www.instagram.com/automotivestateoftheunion

How Did They Do It? Real Estate
SA633 | Locate Profitable Investment Opportunities Through a Unified Data Strategy with Kevin Shtofman

How Did They Do It? Real Estate

Play Episode Listen Later Feb 17, 2023 25:17


Drive immediate value to your business as we catch up with returning guest Kevin Shtofman. Don't miss our insightful conversation about unexpected trends and changes in the real estate market and how Cherre can help you locate accurate information to make faster and smarter investment decisions!Key Takeaways to Listen forReal estate market updates and predictions for 2023Why you should consider turning a single-family home into a multifamily propertyThe impact of an area's political environment on its real estate marketWhere and how to find great REI opportunities in today's economyReasons you should be bullish about investing in multifamily real estateResources Mentioned in This EpisodeThe Real Market with Chris Rising - Ep 83 Kevin ShtofmanFree Apartment Syndication Due Diligence Checklist for Passive Investor About Kevin ShtofmanPrevious to Cherre, Kevin held the positions of Chief Experience Officer and Chief Operating Officer at NavigatorCRE, a supplier of data visualization. Throughout his career, Kevin has held leadership roles emphasizing real estate and technology, investment research and management, and organizational growth. He is a well-known speaker at trade shows on innovation, data analytics, management, and the upcoming real estate tech revolution.Connect with Kevin Website: CherreLinkedIn: Kevin ShtofmanTwitter: @kshtofmanTo Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GowYourShow.com and Schedule a call with Adam A. Adams

Women Invest in Real Estate
30. How to Protect Yourself with Landlord Insurance with Datha Santomieri

Women Invest in Real Estate

Play Episode Listen Later Jan 30, 2023 41:45


Hello friends! Welcome back to the WIIRE Podcast. This week we are super excited to welcome Datha Santomieri from Steadily insurance onto the show to share with us all things landlord insurance. Datha is one of the co-founders and head of insurance at Steadily, an insurance solution for landlords, and also REI investors themselves. Datha has done a few flips of her own and one of her first flips was on a 7,000-square-foot property (what?!?) in Kansas. When she tried to get insurance on it during the renovation period it took dozens of phone calls and very few follow-ups to find an agent that knew how to correctly cover her property. It was such a clunky process and Datha knew the process could, and should be, much simpler. With her co-founders having similar experiences they knew it just didn't make any sense why it had to be so complicated to find insurance for investment properties. After a few years of frustration, they realized they were best positioned to solve the problem themselves. Being an insurance person herself, Datha had spent her entire career in the insurance industry, building programs and rolling out technology and operations to support them. Steadily's customers love them because they have taken the friction out of something that didn't need to be complicated in the first place. In this episode, Datha is sharing: Intel between the different types of policies and propertiesHow to make sure your property is covered, correctlyWhat vacant property insurance meansCash value vs replacement value of a propertyThe benefits and how you can best use SteadilyFor more info about Steadily and find out how they can support your REI properties, head to their website to learn more!Thanks for tuning in, we'll catch you in the next episode!   Resources:Check out Steadily for your REI bizFind Steadily on TwitterLearn about Steadily on LinkedInGet the scoop on Steadily on InstagramHear more about Steadily on FacebookJoin WIIRE's private Facebook CommunityConnect with us on Instagram

Weiss Advice
The Challenges And Rewards Of Asset Management With Elsa Nguyen

Weiss Advice

Play Episode Listen Later Jan 25, 2023 26:34


Elsa is the co-founder of investNow Capital, a private real estate equity firm. Elsa is passionate about real estate and currently manages over $35 million AUM. She is a speaker and multifamily coach. Elsa helps people to generate wealth through passive Real Estate investments. Prior to managing investNOW Capital, Elsa was Founder/CEO of Sunrise Development, and CFO of North Star Development, a full-service pre-construction development firm. She also had 15 corporate years as a Financial Controller prior to her real estate career.[00:01 - 05:51] Opening SegmentWe welcome, Elsa Nguyen!Joining a mastermind group to learn more about actively investing in real estate[05:52 - 17:17] The Challenges And Rewards Of Asset ManagementProperly managing the propertyThe importance of accounting and finance background in real estateUsing her accounting and real estate background to negotiate dealsAsset management is challenging but rewardingShifting the focus to capital raisingLeverage every dollar by working with a strong operatorMitigate risk by investing in multiple properties[17:18 - 26:34] THE FINAL FOURWhat's the worst job that you ever had?Selling fish in the marketWhat's a book you've read that has given you a paradigm shift?“The Game of Life and How To Play It” by Florence Scovel ShinnWhat is a skill or talent that you would like to learn?Learning more about real estate investing What does success mean to you?Elsa Nguyen says, “Success to me means happiness. So it doesn't matter if I have a lot of money, a little money, I have to be happy and content with what I have.”Connect with Elsa Nguyen:LinkedIn: Elsa NguyenFacebook: Elsa NguyenLEAVE A 5-STAR REVIEW by clicking this link.WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Tweetable Quotes:“Because of my nature being an accountant, I always have to see everything. It's hard for me not to look at the financial statement every minute. It's hard for me not to balance the checkbook. So, I have to see everything and manage the cost to the best ability that I can for our investors.” – Elsa Nguyen“In order to best serve all my investors is that I would be able to leverage every dollar that I could by working with a strong operator who can then leverage their experience to get a better interest rate because of their track records.” – Elsa NguyenSupport the show

How Did They Do It? Real Estate
SA603 | Passive vs. Active: A Take on Real Estate Investing Approaches

How Did They Do It? Real Estate

Play Episode Listen Later Jan 6, 2023 13:16


If you're looking to switch from your W2 job to a real estate investing career, there are two strategies you shouldn't overlook before putting money on your first property. So, join us in this short episode about active and passive investing, and learn how to select the approach that best fits your financial goals.Key Takeaways to Listen forWhat it means to actively invest in real estatePros and cons of self-managing a rental propertyThe role of property managers in passive real estate investing Ways to start investing passively in real estateHow to know which investment approach is right for youResources Mentioned in This EpisodeFree Apartment Syndication Due Diligence Checklist for Passive Investor To Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GowYourShow.com and Schedule a call with Adam A. Adams

How Did They Do It? Real Estate
SA599 | Accessible Rental Property Management Software for Landlords with Ryan Barone

How Did They Do It? Real Estate

Play Episode Listen Later Jan 2, 2023 31:22


Whether you own one or a thousand rental properties, Ryan Barone is here to help you learn how to spend less time managing your tenants and properties and more time doing what you want. So, dive in to learn all about RentRedi and how it can create the best rental experience for landlords and tenants! Key Takeaways to Listen forWays RentRedi streamlines the process of finding the best tenants for your propertyThe value of customer feedback and family support system in your businessRentRedi's unique features that benefit both landlords and tenantsHow RentRedi can help set your business up for more success in the futureActionable steps to help your business thrive Resources Mentioned in This EpisodeZillowTruliaHotPadsRealtor.comDoorsteps.comIndependent Landlord Rental Performance Report | RentRediFree Apartment Syndication Due Diligence Checklist for Passive InvestorAbout Ryan BaroneRyan is the co-founder and CEO of RentRedi. After working on building RentRedi while managing a full-time job and college course, Ryan began building what is now a modern, end-to-end property management software that helps landlords go mobile and manage rentals from wherever, whenever.RentRedi has raised over $17 million in total funding and has added more than 15,000 actively subscribed landlords who manage 85,000+ properties and plan to continue building powerhouse software taking over the PropTech space.Connect with Ryan Website: RentRediTo Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GowYourShow.com and Schedule a call with Adam A. Adams

Podcast Notes Playlist: Latest Episodes
700: How Rob Dyrdek Fits Family, Real Estate, and $100M Businesses into His Day

Podcast Notes Playlist: Latest Episodes

Play Episode Listen Later Dec 22, 2022 75:38


BiggerPockets Real Estate Podcast Podcast Notes Key Takeaways Rob always believed that entrepreneurship was something that he would do in addition to his skating careerRob spread himself too thin in his early days as an entrepreneur and was barely breaking even across his businesses in aggregateAfter reading the book Start At The End, Rob changed everything about the way he did business; he got rid of all the 13 businesses he was operating and began to better channel his energy towards what he actually wanted out of the businessesIn less than five years of changing his personal operating model, Rob Dyrdek went from being broke and breaking even on his businesses to making several hundred million dollars Rob's recession-proof portfolio: capital-draining personal real estate, has a core venture business, and “a ton” of cash Trying to get rich quick in real estate is not a sustainable operating model The fortunes made in real estate have not been made by flipping $80K houses; they have been made by compounding taking place over time  Rob tracks every bit of his time, categorizes it, and then generates a dashboard of time spent so he can track where he is spending time now and over the yearsHe tracks both quantitative and qualitative aspects of his life Rob looks at his entire life as one large integrated system that exchanges time and energy for everything  “Every single day, I track how I feel 0-10 about my life, my work, and my health.” – Rob Dyrdek The universe conspires to bring you more opportunities when you are more deliberate in your life “Having measurement and tracking in all aspects of your existence is the only way that you can grow into the ideal version of yourself that only you can design, divine, define, and then build the measurement to get there.” – Rob DyrdekRead the full notes @ podcastnotes.orgRob Dyrdek is one of the most well-known pro skaters, entrepreneurs, and media figures of all time. He essentially owned the MTV lineup for years with hit shows such as Rob & Big, Rob Dyrdek's Fantasy Factory, and Ridiculousness. At first glance, Rob may look like a phenomenal skater who turned his passion into something profitable. But behind the half pipes is an almost unbelievable amount of discipline, wisdom, and time optimization that only a select few know about.Rob, like many entrepreneurs, ditched school early on when he realized that his talents were best used elsewhere. He left high school at sixteen, went on to compete in the highest level of skateboarding, and started his first company at seventeen. He was bringing in millions of dollars a year at an age where money is almost incomprehensible. Rob was fueled by creation, starting dozens of businesses that were doing millions in revenue but weren't making a financial difference in his life. So, he took a high-level view of what was worth keeping and cut out everything but that.From then on Rob began investing down two major avenues—businesses and real estate. Most people who follow Rob know about the former, but very few know about the latter. Now, Rob's on the show to help us celebrate the 700th episode of the BiggerPockets Real Estate Podcast and show us how we too can make millions of dollars by tracking every minute of our day as intelligently as possible. In This Episode We Cover:Becoming an entrepreneur and Rob's earliest business venturesWhy quantity over quality is key when building businesses and brandsReal estate syndications and why Rob will only touch a certain type of propertyThe “soul-sucking” landlord life and why it is NOT for everyoneRob's recession-proof plan that will make him millions even as investing fear peaksTracking your life and how doing so will make you richer and happier almost automaticallyBuilding your financial framework and how so many doors open after you do soAnd So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastBiggerPockets MerchListen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaDavid's BiggerPockets ProfileDavid's InstagramDavid's YouTube ChannelRob's YouTubeRob's InstagramRob's TikTokRob's TwitterRob's BiggerPockets ProfileWhy Elite Investors Know Exactly How Much Their Time Is WorthSyndications and Everything You Need to Know BEFORE You InvestHere's What It Takes to Succeed as an EntrepreneurConnect with Rob Dyrdek:Rob's WebsiteRob's InstagramRob's TwitterRob's PodcastClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-700Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Podcast Notes Playlist: Business
700: How Rob Dyrdek Fits Family, Real Estate, and $100M Businesses into His Day

Podcast Notes Playlist: Business

Play Episode Listen Later Dec 22, 2022 75:38


BiggerPockets Real Estate Podcast Podcast Notes Key Takeaways Rob always believed that entrepreneurship was something that he would do in addition to his skating careerRob spread himself too thin in his early days as an entrepreneur and was barely breaking even across his businesses in aggregateAfter reading the book Start At The End, Rob changed everything about the way he did business; he got rid of all the 13 businesses he was operating and began to better channel his energy towards what he actually wanted out of the businessesIn less than five years of changing his personal operating model, Rob Dyrdek went from being broke and breaking even on his businesses to making several hundred million dollars Rob's recession-proof portfolio: capital-draining personal real estate, has a core venture business, and “a ton” of cash Trying to get rich quick in real estate is not a sustainable operating model The fortunes made in real estate have not been made by flipping $80K houses; they have been made by compounding taking place over time  Rob tracks every bit of his time, categorizes it, and then generates a dashboard of time spent so he can track where he is spending time now and over the yearsHe tracks both quantitative and qualitative aspects of his life Rob looks at his entire life as one large integrated system that exchanges time and energy for everything  “Every single day, I track how I feel 0-10 about my life, my work, and my health.” – Rob Dyrdek The universe conspires to bring you more opportunities when you are more deliberate in your life “Having measurement and tracking in all aspects of your existence is the only way that you can grow into the ideal version of yourself that only you can design, divine, define, and then build the measurement to get there.” – Rob DyrdekRead the full notes @ podcastnotes.orgRob Dyrdek is one of the most well-known pro skaters, entrepreneurs, and media figures of all time. He essentially owned the MTV lineup for years with hit shows such as Rob & Big, Rob Dyrdek's Fantasy Factory, and Ridiculousness. At first glance, Rob may look like a phenomenal skater who turned his passion into something profitable. But behind the half pipes is an almost unbelievable amount of discipline, wisdom, and time optimization that only a select few know about.Rob, like many entrepreneurs, ditched school early on when he realized that his talents were best used elsewhere. He left high school at sixteen, went on to compete in the highest level of skateboarding, and started his first company at seventeen. He was bringing in millions of dollars a year at an age where money is almost incomprehensible. Rob was fueled by creation, starting dozens of businesses that were doing millions in revenue but weren't making a financial difference in his life. So, he took a high-level view of what was worth keeping and cut out everything but that.From then on Rob began investing down two major avenues—businesses and real estate. Most people who follow Rob know about the former, but very few know about the latter. Now, Rob's on the show to help us celebrate the 700th episode of the BiggerPockets Real Estate Podcast and show us how we too can make millions of dollars by tracking every minute of our day as intelligently as possible. In This Episode We Cover:Becoming an entrepreneur and Rob's earliest business venturesWhy quantity over quality is key when building businesses and brandsReal estate syndications and why Rob will only touch a certain type of propertyThe “soul-sucking” landlord life and why it is NOT for everyoneRob's recession-proof plan that will make him millions even as investing fear peaksTracking your life and how doing so will make you richer and happier almost automaticallyBuilding your financial framework and how so many doors open after you do soAnd So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastBiggerPockets MerchListen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaDavid's BiggerPockets ProfileDavid's InstagramDavid's YouTube ChannelRob's YouTubeRob's InstagramRob's TikTokRob's TwitterRob's BiggerPockets ProfileWhy Elite Investors Know Exactly How Much Their Time Is WorthSyndications and Everything You Need to Know BEFORE You InvestHere's What It Takes to Succeed as an EntrepreneurConnect with Rob Dyrdek:Rob's WebsiteRob's InstagramRob's TwitterRob's PodcastClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-700Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Signal From The Noise: By Podcast Notes
700: How Rob Dyrdek Fits Family, Real Estate, and $100M Businesses into His Day

Signal From The Noise: By Podcast Notes

Play Episode Listen Later Dec 22, 2022


BiggerPockets Real Estate Podcast: Read the notes at at podcastnotes.org. Don't forget to subscribe for free to our newsletter, the top 10 ideas of the week, every Monday --------- Rob Dyrdek is one of the most well-known pro skaters, entrepreneurs, and media figures of all time. He essentially owned the MTV lineup for years with hit shows such as Rob & Big, Rob Dyrdek's Fantasy Factory, and Ridiculousness. At first glance, Rob may look like a phenomenal skater who turned his passion into something profitable. But behind the half pipes is an almost unbelievable amount of discipline, wisdom, and time optimization that only a select few know about.Rob, like many entrepreneurs, ditched school early on when he realized that his talents were best used elsewhere. He left high school at sixteen, went on to compete in the highest level of skateboarding, and started his first company at seventeen. He was bringing in millions of dollars a year at an age where money is almost incomprehensible. Rob was fueled by creation, starting dozens of businesses that were doing millions in revenue but weren't making a financial difference in his life. So, he took a high-level view of what was worth keeping and cut out everything but that.From then on Rob began investing down two major avenues—businesses and real estate. Most people who follow Rob know about the former, but very few know about the latter. Now, Rob's on the show to help us celebrate the 700th episode of the BiggerPockets Real Estate Podcast and show us how we too can make millions of dollars by tracking every minute of our day as intelligently as possible. In This Episode We Cover:Becoming an entrepreneur and Rob's earliest business venturesWhy quantity over quality is key when building businesses and brandsReal estate syndications and why Rob will only touch a certain type of propertyThe “soul-sucking” landlord life and why it is NOT for everyoneRob's recession-proof plan that will make him millions even as investing fear peaksTracking your life and how doing so will make you richer and happier almost automaticallyBuilding your financial framework and how so many doors open after you do soAnd So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastBiggerPockets MerchListen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaDavid's BiggerPockets ProfileDavid's InstagramDavid's YouTube ChannelRob's YouTubeRob's InstagramRob's TikTokRob's TwitterRob's BiggerPockets ProfileWhy Elite Investors Know Exactly How Much Their Time Is WorthSyndications and Everything You Need to Know BEFORE You InvestHere's What It Takes to Succeed as an EntrepreneurConnect with Rob Dyrdek:Rob's WebsiteRob's InstagramRob's TwitterRob's PodcastClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-700Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Podcast Notes Playlist: Startup
700: How Rob Dyrdek Fits Family, Real Estate, and $100M Businesses into His Day

Podcast Notes Playlist: Startup

Play Episode Listen Later Dec 22, 2022 75:38


BiggerPockets Real Estate Podcast Podcast Notes Key Takeaways Rob always believed that entrepreneurship was something that he would do in addition to his skating careerRob spread himself too thin in his early days as an entrepreneur and was barely breaking even across his businesses in aggregateAfter reading the book Start At The End, Rob changed everything about the way he did business; he got rid of all the 13 businesses he was operating and began to better channel his energy towards what he actually wanted out of the businessesIn less than five years of changing his personal operating model, Rob Dyrdek went from being broke and breaking even on his businesses to making several hundred million dollars Rob's recession-proof portfolio: capital-draining personal real estate, has a core venture business, and “a ton” of cash Trying to get rich quick in real estate is not a sustainable operating model The fortunes made in real estate have not been made by flipping $80K houses; they have been made by compounding taking place over time  Rob tracks every bit of his time, categorizes it, and then generates a dashboard of time spent so he can track where he is spending time now and over the yearsHe tracks both quantitative and qualitative aspects of his life Rob looks at his entire life as one large integrated system that exchanges time and energy for everything  “Every single day, I track how I feel 0-10 about my life, my work, and my health.” – Rob Dyrdek The universe conspires to bring you more opportunities when you are more deliberate in your life “Having measurement and tracking in all aspects of your existence is the only way that you can grow into the ideal version of yourself that only you can design, divine, define, and then build the measurement to get there.” – Rob DyrdekRead the full notes @ podcastnotes.orgRob Dyrdek is one of the most well-known pro skaters, entrepreneurs, and media figures of all time. He essentially owned the MTV lineup for years with hit shows such as Rob & Big, Rob Dyrdek's Fantasy Factory, and Ridiculousness. At first glance, Rob may look like a phenomenal skater who turned his passion into something profitable. But behind the half pipes is an almost unbelievable amount of discipline, wisdom, and time optimization that only a select few know about.Rob, like many entrepreneurs, ditched school early on when he realized that his talents were best used elsewhere. He left high school at sixteen, went on to compete in the highest level of skateboarding, and started his first company at seventeen. He was bringing in millions of dollars a year at an age where money is almost incomprehensible. Rob was fueled by creation, starting dozens of businesses that were doing millions in revenue but weren't making a financial difference in his life. So, he took a high-level view of what was worth keeping and cut out everything but that.From then on Rob began investing down two major avenues—businesses and real estate. Most people who follow Rob know about the former, but very few know about the latter. Now, Rob's on the show to help us celebrate the 700th episode of the BiggerPockets Real Estate Podcast and show us how we too can make millions of dollars by tracking every minute of our day as intelligently as possible. In This Episode We Cover:Becoming an entrepreneur and Rob's earliest business venturesWhy quantity over quality is key when building businesses and brandsReal estate syndications and why Rob will only touch a certain type of propertyThe “soul-sucking” landlord life and why it is NOT for everyoneRob's recession-proof plan that will make him millions even as investing fear peaksTracking your life and how doing so will make you richer and happier almost automaticallyBuilding your financial framework and how so many doors open after you do soAnd So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastBiggerPockets MerchListen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaDavid's BiggerPockets ProfileDavid's InstagramDavid's YouTube ChannelRob's YouTubeRob's InstagramRob's TikTokRob's TwitterRob's BiggerPockets ProfileWhy Elite Investors Know Exactly How Much Their Time Is WorthSyndications and Everything You Need to Know BEFORE You InvestHere's What It Takes to Succeed as an EntrepreneurConnect with Rob Dyrdek:Rob's WebsiteRob's InstagramRob's TwitterRob's PodcastClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-700Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See 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
700: How Rob Dyrdek Fits Family, Real Estate, and $100M Businesses into His Day

BiggerPockets Real Estate Podcast

Play Episode Listen Later Dec 13, 2022 75:38


Rob Dyrdek is one of the most well-known pro skaters, entrepreneurs, and media figures of all time. He essentially owned the MTV lineup for years with hit shows such as Rob & Big, Rob Dyrdek's Fantasy Factory, and Ridiculousness. At first glance, Rob may look like a phenomenal skater who turned his passion into something profitable. But behind the half pipes is an almost unbelievable amount of discipline, wisdom, and time optimization that only a select few know about.Rob, like many entrepreneurs, ditched school early on when he realized that his talents were best used elsewhere. He left high school at sixteen, went on to compete in the highest level of skateboarding, and started his first company at seventeen. He was bringing in millions of dollars a year at an age where money is almost incomprehensible. Rob was fueled by creation, starting dozens of businesses that were doing millions in revenue but weren't making a financial difference in his life. So, he took a high-level view of what was worth keeping and cut out everything but that.From then on Rob began investing down two major avenues—businesses and real estate. Most people who follow Rob know about the former, but very few know about the latter. Now, Rob's on the show to help us celebrate the 700th episode of the BiggerPockets Real Estate Podcast and show us how we too can make millions of dollars by tracking every minute of our day as intelligently as possible. In This Episode We Cover:Becoming an entrepreneur and Rob's earliest business venturesWhy quantity over quality is key when building businesses and brandsReal estate syndications and why Rob will only touch a certain type of propertyThe “soul-sucking” landlord life and why it is NOT for everyoneRob's recession-proof plan that will make him millions even as investing fear peaksTracking your life and how doing so will make you richer and happier almost automaticallyBuilding your financial framework and how so many doors open after you do soAnd So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastBiggerPockets MerchListen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaDavid's BiggerPockets ProfileDavid's InstagramDavid's YouTube ChannelRob's YouTubeRob's InstagramRob's TikTokRob's TwitterRob's BiggerPockets ProfileWhy Elite Investors Know Exactly How Much Their Time Is WorthSyndications and Everything You Need to Know BEFORE You InvestHere's What It Takes to Succeed as an EntrepreneurConnect with Rob Dyrdek:Rob's WebsiteRob's InstagramRob's TwitterRob's PodcastClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-700Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

High Income Earners F.I.R.E.
Ep32: Earning Passive Income Even Without Owning the Property with Aaron Bae

High Income Earners F.I.R.E.

Play Episode Listen Later Dec 13, 2022 36:34


For this week's episode, you'll learn a unique way of passive investing in real estate through our guest Aaron Bae. He shares a lot about Airbnb arbitrage, property subletting, co-living, and how to leverage them properly. Tap in, take advantage of every opportunity, and earn passively without spending too much from your own pocket! Key takeaways to listen forWhat is Airbnb arbitrage and how it worksA practical way to find the right business partnerThe process of a perfect BRRRRHow to make a value-focused proposal for your investorsSafety precautions to prevent tenants from abusing a rental propertyThe biggest risk for rental businessesResources mentioned in this episodeRich Dad Poor Dad by Robert T. KiyosakiAirbnbAbout Aaron Bae Aaron Bae was a University dropout, and at a young age, he was already fond of earning passive income. In his quest for wealth and extra income, he became a Starbucks barista and a restaurant server. Equipping himself with real estate knowledge and a strong business mindset, he found his way to subletting rooms. Together with his wife Ariana, they began scaling up their business into a strong portfolio of over 100 units of real estate and Airbnb arbitrages. Connect with AaronInstagram: @realbaemoneyTo sign up for our monthly newsletter, visit our website at www.hiefire.com and connect with us through the social media accounts below!Facebook Page: High Income Earners FIREFacebook Group: High Income Earners F.I.R.E.Instagram: @hie_fireSponsorsBonavest CapitalTo learn more about building passive income through real estate syndications, visit www.bonavestcapital.com.Say YEH Stock OptionsLooking for ways to generate consistent cash flow and accelerate your journey to financial freedom? Visit www.codyyeh.com for more information!

Good Bones Real Estate Investing
72. Big News & The Year Long Estate Sale with David Dodge

Good Bones Real Estate Investing

Play Episode Listen Later Dec 5, 2022 42:54


Estate sales are a great way to score investment properties. But what happens when you've got 2 layers of probate? In this week's episode with David Dodge, you end up with an unenforceable contract, a year long contract period, and a whole family tree to deal with.In this episode you'll learn:What to look out for when signing a contract for an estate propertyHow to provide value to sellers of an estate propertyThe clunky administrative hurdles you need to overcome to close an estate sale⬇⬇⬇// RESOURCES:Show notes: bonniegalam.com/72 © 2021-2022 Bonnie Galam LLC | All rights reserved | Any use of this intellectual property owned by Bonnie Galam LLC may not be used in connection with the sale or distribution of any content (free of paid, written or verbal), produce, and/or service by you without prior written consent from Bonnie Galam LLC© 2021-2022 Bonnie Galam LLC | All rights reserved | Any use of this intellectual property owned by Bonnie Galam LLC may not be used in connection with the sale or distribution of any content (free of paid, written or verbal), produce, and/or service by you without prior written consent from Bonnie Galam LLC

Get Paid For Your Pad | Airbnb Hosting | Vacation Rentals | Apartment Sharing
How to Solve Issues with Your Airbnb Guests By Communicating Effectively

Get Paid For Your Pad | Airbnb Hosting | Vacation Rentals | Apartment Sharing

Play Episode Listen Later Dec 2, 2022 44:21


We wish every stay would be perfect and every guest would check out ready to leave a 5-star review and secure their next stay. But this is the real world, and every host will eventually face a problem with a guest's stay. From a piece of equipment breaking down to another guest making it impossible for everyone to enjoy their stay, challenging situations come up that no one wants to have to deal with.But there are some secrets to navigating them that will make everyone involved feel supported. So how do you solve guest challenges when they come up, so everyone enjoys their stay? On this edition of STR Conversations, Eric and I sit down to discuss the event that happened at Freewyld this weekend, what it taught us, and the systems we're putting in place to handle these types of situations like this in the future. We'll walk you through our 6-step process to deal with challenges that come up with guests while they are staying at your property while communicating with them in a way that makes them feel supported and then creating a system to deal with these situations in the future. Listen in to learn the key to providing a high level of hospitality to every guest, no matter the situation. Topics CoveredThe 6-step process to deal with challenges that come up with guests while they are staying at your propertyThe difference between making the situation right and being rightThe #1 thing to do when a problem develops with a guest or guestsWhy details matterHow to make both parties feel supportedThe key to providing an excellent experience for every guest, no matter the situationHow to communicate as a leader and provide high-level hospitality while making sure ALL parties feel supportedThe 3 traits you need to operate as a high-level hospitality hostWhy the problem is not solved until the guest says it is solvedHow to educate your team to deal with the problem in the futureHow you can use texts to document a situation for future referenceWhy it's important to remember YOU are a hospitality company firstWhat to do if a problem needs to be escalatedResources FREE Airbnb Starter GuideGet Paid for Your Pad Email ListSTR Legends MastermindSTR Profit AcademyOvernight SuccessSubscribe to GPFYP on Apple PodcastsEmail jasper@getpaidforyourpad.comSponsor Legends X Short-Term Rental Accelerator Hosted on Acast. See acast.com/privacy for more information.

How Did They Do It? Real Estate
SA568 | Missing Middle Housing: An Emerging Multifamily Development Trend with Brad Cartier

How Did They Do It? Real Estate

Play Episode Listen Later Nov 18, 2022 23:12


Brad Cartier joins us today to share compelling ideas on how to alleviate the housing affordability crisis while providing communities with variety and character to fulfill the aspirations of today's customers. Tuned in to learn more about market trends, risk management, and solutions to the housing issue!Key Takeaways to Listen forWhat's the concept of “Missing Middle Housing” all aboutThings you need to look for when developing a multifamily unitBuilding a property vs. buying a propertyThe recession's impact on the real estate industry and investors How to prepare your business for an economic downturnEffects of rising interest rates on real estate lenders and investorsResource Mentioned in This EpisodeFree Apartment Syndication Due Diligence Checklist for Passive Investor About Brad Cartier Brad Cartier is a real estate developer, writer, proptech investor and advisor, and marketing consultant in the real estate technology space. Brad is a co-founder of Blair Capital Asset Management which develops and manages missing middle multifamily in Canada. Brad is also an advisor and angel investor to a number of property technology startups and a marketing mentor for the MetaProp accelerator program. Brad is also a writer on all things real estate for Briefcase where he is a co-founder, as well as other outlets such as Motley Fool, Roofstock, and Stessa. In all, Brad oversees a portfolio of around 100 rental properties, including long, medium, and short-term rentals.  In his spare time, Brad enjoys time with his wife and four daughters, who gifted him the coveted '#1 Dad' coffee mug for Christmas. Brad also volunteers on the Ottawa Real Estate Investors Organization executive board, a local group of 300 real estate entrepreneurs. Connect with BradWebsite: briefcaseEmail: brad@fundmore.ai To Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GowYourShow.com and Schedule a call with Adam A. Adams

The HMO Podcast
£250k Equity & £90k Rent Roll - Saif Rehan's 11 Bed HMO & The BIG Challenges He Overcame To Build His Property Business

The HMO Podcast

Play Episode Listen Later Sep 7, 2022 47:47


Do you have the right skills to start your own HMO property business?In today's episode, I'm joined by Saif Rehan of Mauve Group. Saif graduated as an Accountant in 2015 and has been working in finance for 8 years with very large companies when he decided to venture into property investing.And in this conversation with Saif, we talked about:His thoughts on the skills needed to succeed in propertyThe importance of networking and doing it the right wayThe value of understanding your own journey to keep you moving forwardOvercoming fear and the lack of self-confidence in investingAn 11-Bed Professional HMO Case StudyGot any questions? Ask us in The HMO Community Facebook Group or become a member at The HMO Roadmap to help you start, scale, and systemise your HMO business. You can also follow me on Instagram @andygraham.hmo or follow The HMO Podcast on Facebook for more updates! 

Get Paid For Your Pad | Airbnb Hosting | Vacation Rentals | Apartment Sharing
Uplevel the Experience for Your Guests with Minoan

Get Paid For Your Pad | Airbnb Hosting | Vacation Rentals | Apartment Sharing

Play Episode Listen Later Sep 5, 2022 35:50


"Even though 99% of retail happens on screens or shelves, those aren't where the real moments are. The real moments are in native settings."— Marc Hostovsky Thousands of advertising dollars are spent on Facebook, Google, and Instagram pop-ups and influencers to create meaningful moments with products.However, all of it still misses the mark on the end-user experience. Hosts have a lot of value in this attention economy, and they're not getting credit for it. But my guest is out to change that. Marc Hostovsky is the founder of Minoan, a platform where hosts can purchase furniture and amenities at a 30 to 60% discount and then make the items shoppable for their guests and earn a commission. On this episode of Get Paid for Your Pad, Marc joins me to talk about how his background in retail gave him the idea for Minoan. He'll walk us through Minoan's unique marketing partner relationship with some of the top brands in the home furnishings space. We discuss how to use higher-end furnishes and appliances to create a more cohesive look for your brand and a more unique (and memorable) guest experience—a win-win for both sides of the equation. Listen in as Marc shares some of the brands they are currently working with, their plan for future expansion, and how working with them can change the economics of your STR business. Plus, Get Paid For Your Pad listeners can get a $25 credit for signing up with Minoan today!Topics CoveredWhat's the fastest‌ growing segment in hospitalityMarc walks us through how the idea for Minoan clicked for himWhere you should invest in the higher quality furnishings for your rental spacesWhere the best product experiences happen for consumersThe value of STR hosts in the 'attention economy'The benefits for brands to have items in your rental propertyThe 2 biggest benefits of working with Minoan to furnish your STR listingsHow the commission structure works for hosts partnering with MinoanConnect with Marc HostovskyMinoanMarc on LinkedInResourcesGet a $25 Credit on Your First Order with MinoanLegends X STR AcceleratorGet Paid for Your Pad NewsletterSTR Legends MastermindEmail jasper@getpaidforyourpad.comSponsored ByLegends X Short-Term Rental Accelerator Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Average Joe Finances
109. Meet The Land Shark with Brent Bowers

Average Joe Finances

Play Episode Listen Later Jul 31, 2022 40:33 Transcription Available


Join Mike Cavaggioni with Brent Bowers on the 109th episode of the Average Joe Finances Podcast to discuss land investing and what he does with that. Brent is the CEO of ZechBuysHouses LLC. He shares what drove him toward real estate despite the market beginning to crash during that time.In this episode, you'll learn:To be in the Army while doing real estateBrent's first bought propertyThe discovery of land investingSpecific qualities to look for from partnersBenefits of investing in land versus homesAnd much more!About Brent Bowers:As an Army officer with over eight years of service, Brent Bowers was spending a great deal of time away from his family, and he knew he needed to make some changes in order to be more present with his wife and children. His interest in real estate began in 2007 when he purchased his first home, so Brent began exploring real estate investing to support his family while enjoying more time with them.In a short amount of time, Brent was able to expand his business, hire a team, and (most importantly) spend quality time with his family while still working hard and helping others. While Brent invests in many different types of real estate, his favorite investment strategy deals with buying and selling vacant land. He enjoys sharing his expertise in this area with his coaching clients. Brent chooses to live his life based on Bob Burg's quote, “Your influence is determined by how abundantly you place other people's interests first.” He is passionate about helping other people find success in real estate investing, particularly in land investments.Brent Bowers is currently the CEO of ZechBuysHouses LLC. Vacant Land of the Free, Discounted Houses Colorado Springs, Rent2Own Colorado, and Co-Working & Shared Space are all under the ZechBuysHouses Brand.Find Brent Bowers on:Website: https://www.thelandsharks.comLinkedin: https://www.linkedin.com/in/brent1Facebook: https://www.facebook.com/brentlbowers1Average Joe Finances®Our social media links can be found here: https://averagejoefinances.com/linksNeed help Buying or Selling a House? https://averagejoefinances.com/realtorInterested in getting your real estate license? https://averagejoefinances.com/prepagentUse the same Audio/Video Editing Team that I use: https://editpods.comHost your own Podcast here: https://averagejoefinances.com/buzzsproutSocial Media Management Tool: https://averagejoefinances.com/social-mediaPay Off Your Mortgage in 5-7 Years:www.theshredmethod.com/averagejoefinancesMake Real Estate Investing Easier with DealMachine:https://averagejoefinances.com/dealmachineFree Stocks:● Robinhood: https://averagejoefinances.com/robinhood● Webull: https://averagejoefinances.com/webullGet Life Insurance: https://averagejoefinances.com/ladderAverage Joe Finances Swag: averagejoefinances.com/resources/shopEmployee Survival Guide®A Podcast only for employees. Mark shares information your employer does not want you knowListen on: Apple Podcasts Spotify Winning With ShopifyWeekly information for people looking to start, grow, accelerate and win...Listen on: Apple Podcasts SpotifySupport the show

Charlottesville Community Engagement
June 30, 2022: City Council briefed on property owned by Charlottesville government, deny request to convey sliver of land in North Downtown

Charlottesville Community Engagement

Play Episode Listen Later Jun 30, 2022 18:41


Halfway through the year? Today’s the 181st out of a scheduled 365, so we’re technically 49.5 percent of the way through 2022 though the fiscal calendar resets at the clock strikes midnight! This is Charlottesville Community Engagement, a newsletter and podcast that has sought to keep track of these things for nearly two years. Thanks to readers and listeners for helping keep the beads of the abacus in motion. This work is free, but it does cost me to put the time in. Sign up for a paid subscription, and Ting will match your initial payment!On today’s program:Albemarle Supervisors hire Staunton’s former city manager as the new county attorneyAn update on a federal lawsuit to force a House of Delegates race this fall Charlottesville City Council is briefed on the properties it owns inside and outside city limits and learns there has not been one central locationCouncil ponders giving up a “paper street” and denies a request to give up a small sliver of land in North Downtown First shout–out: JMRL to kick off the Summer Reading ChallengeIn today’s first subscriber-supported public service announcement, the Summer Reading Challenge put forth by Jefferson Madison Regional Library continues! You and members of your family can earn points for prizes in a variety of ways, such as reading for 30 minutes a day, reading with a friend, creating something yourself, or visiting the library! You can also get two points just by telling someone about the Summer Reading Challenge, so I guess I just added two more! Visit JMRL.org to learn more about this all ages opportunity to dive into oceans of possibilities! Legal drama continues in second suit to force 2022 House of Delegates election There are 131 days until the general election and a new lawsuit to force a Virginia House of Delegates race is still alive. Richmond resident Jeffrey Thomas Jr. filed a suit against the Board of Elections in the Eastern District of Virginia earlier this month that picked up a dismissed complaint that the legislative boundaries in place for the 2021 race were unconstitutional. As I reported earlier this month, Judge David Novak had set up a schedule for how information related to the case was to be filed. That schedule has not been followed. Thomas filed an amended complaint on June 16 that added two additional plaintiffs from two other legislative districts, one of whom is the former president of the Loudoun County NAACP.  Both are appearing pro se, or without a lawyer. The motion also added the Department of Elections as a defendant. “Plaintiffs and all other voters and residents in [House District 71], [House District 32], and [House District 10] have had their voting strength and political representation unconstitutionally diluted or weakened by the failure of Defendants to conduct, enact, or oversee decennial constitutional reapportionment, redistricting, or elections,” reads paragraph 54 of the amended complaint. The state responded in a motion objecting to the addition of the new plaintiffs and sought a new schedule. Judge Novak responded by granting an extension to July 1 for the defendants to file a motion to dismiss the case. A joint stipulation of facts was filed on June 24, but the next day, Thomas filed a motion requesting sanctions against the state for not agreeing to 47 facts that were in previous stipulations. Many of these relate to the population imbalances across the old districts with the most populated being at 130,192 residents and the least having 67,404 people. The plaintiffs allege this is a violation of the Equal ProtNovak denied this motion on Tuesday, and we wait to see if a motion to dismiss is filed by Friday. Former Staunton City Manager to serve as Albemarle County AttorneyAfter a months-long search, the Albemarle County Board of Supervisors has hired the former City Manager of Staunton as its next county attorney. Steven Rosenberg will start work on July 27. “The Board has taken a lot of time to find somebody that not only possesses the skills and the abilities that we seek in a county attorney but also is the person that joins our organization at the right point in the progression that we are attempting to achieve as an organization,” said Supervisor Ned Gallaway who headed up the search. Rosenberg became Staunton’s Deputy City Manager in May 2013 and was promoted to the top job in July 2019. He left the position in January 2022, according to his LinkedIn profile. Prior to that, he was associate general counsel of the University of Virginia for five and a half years. He was also Augusta County attorney from May 2003 to December 2007. Rosenberg did not make comments at the end of a closed meeting yesterday but is quoted in a press release. "During my nearly two decades as a neighbor of Albemarle County, I’ve become familiar with the county, most notably its quality of life and the strength of its organization—one committed to excellence and a culture of service. I am excited to join the Board and staff in such a positive environment and to work with them to serve the Albemarle County community,” shared Rosenberg.Albemarle closing Mint Springs beach until further nticeToday could be the last day to swim at Mint Springs near Crozet this summer. Albemarle County has announced the outdoor swimming area will be closed until further notice, but the beaches at Chris Greene Lake and Walnut Creek will remain open Thursday through Sunday from 11 a.m. to 7 p.m. Those two places will also be open on July 4. The reason is a lack of staff, according to an Albemarle County’s director of communications and public engagement. Charlottesville continues to operate only one outdoor pool a day to combat their shortage of lifeguards. Washington Park is open Sunday through Wednesday with Onesty Pool only open on Sundays. Second shout-out goes to Camp AlbemarleToday’s second subscriber-supported public service announcement goes out to Camp Albemarle, which has for sixty years been a “wholesome rural, rustic and restful site for youth activities, church groups, civic events and occasional private programs.”Located on 14 acres on the banks of the Moorman’s River near Free Union, Camp Albemarle continues as a legacy of being a Civilian Conservation Corps project that sought to promote the importance of rural activities. Camp Albemarle seeks support for a plan to winterize the Hamner Lodge, a structure built in 1941 by the CCC and used by every 4th and 5th grade student in Charlottesville and Albemarle for the study of ecology for over 20 years. If this campaign is successful, Camp Albemarle could operate year-round. Consider your support by visiting campalbemarleva.org/donate. Charlottesville Council briefed on city-owned propertyThe city of Charlottesville owns 170 pieces of property and another 18 in conjunction with Albemarle County. Does it need all that land and space? That was one of the undercurrents of a discussion and briefing Council had at a work session on June 21. “The approximate acreage of city-owned properties within the city is 798 acres and over 2,800 acres of city-owned properties located within [Albemarle] County,” said Brenda Kelley, the city’s redevelopment manager based in the Office of Community Solutions. Kelly said at the outset what would not be in her presentation. (view the presentation)“This discussion will not include a discussion on streets, alleys, paper streets and paper alleys which are basically unimproved streets and alleys,” Kelly said. More on one of those later in this installment. City-owned properties include the fire stations, City Hall, the schools, parks, and other properties. Lesser known properties include an L-shaped half-acre parking lot on West Main Street that leads to the half-acre Starr Hill Park and a quarter-acre parking lot on Estes Street in the Fifeville neighborhood. In 2019, the city purchased just over an acre of land adjacent to Jordan Park for $270,000. “And the previous property owners had already platted these six lots so this is another city-owned property that at some point we probably need to look at the possible development of affordable housing,” Kelly said. “That’s one of the discussions we had early on when the city first approved the approval of the purchase of this property.” In the county, the city of Charlottesville owns 67.56 acres on Avon Street Extended with some of that property being used by Charlottesville Area Transit. The city also owns 1,023 acres at the Sugar Hollow Reservoir and ten acres at the Albemarle Lake subdivision, both purchased originally for water supply. All of this land takes management.“We do have some challenges when we talk about city-owned properties,” Kelly said. “We need to develop a better consistent process when we have requests to dispose of the properties or acquire the properties. Maintaining these properties. Are there departments currently maintaining these properties? We think a lot of them are being maintained. And are any of these properties developable?” As with city leases, no one has been coordinating all of the information over the years. Now Council has a chance to act on policies for what to do next. “And there [are] a lot of properties that are adjacent to right of ways and is that something the City Council wants to look at,” Kelly said. “Do we want to approach adjacent property owners and see if there is an interest in putting those on the tax rolls.” Kelly said staff will come back to Council with another summary of city agreements not tied with leases that may not be coordinated in one central office. “We have now the information we need to start addressing the concept even of consistent policies and a consistent point person to work all of this out so we will be coming back to you,” said interim City Manager Michael C. Rogers.Rogers said there is an opportunity for Council to determine what it would like to do going forward. City Councilor Michael Payne said he wanted to know if this might help resume discussions of creating a city-owned land bank to acquire property for public purposes. “We’re land-locked, ten and a half square miles,” Payne said. “Our single most valuable asset is the land we own and I think land acquisition in particular is the single most important action we can take, both for economic development and affordable housing.” Deputy City Manager Sam Sanders said there could be a future conversation about a land bank ordinance, but the research is meant to get Council to a point where they would have enough useful information. “This all is a centralizing effort at this time so we can get our arms around what we have but really it is this conversation that is going to feed us on what next steps we want to take,” Sanders said. Councilor Magill seeks policy on conveying of “paper” streets to landownersLater on in the meeting, Council had several items related to land use. One of them was a request from the owners of a lot on 6th Street SW in Fifeville for the city to convey to them a strip of property. (staff report)“And this property is a platted 20 foot right of way that is labeled Oak Street,” said Lisa Robertson, the city attorney.That section of Oak Street has never been built and it what’s known as a “paper” street. Council closed a 77-foot section of that same paper street in 2010 between 6 and 6 ½ Streets. In that case, one half of that former city property went to straddling property owners. No one initially spoke at the public hearing, but City Councilor thought she and her colleagues should put a pause on the conveyance. “Until we figure out holistically what we’re going to do with the paper streets, the piecemealing of people who know to be able to come to City Council or to come to get the street closed, I don’t feel it’s a fair overall process,” Magill said. Magill said until the process is more clear, she would like Council to stop granting them until the policy is more clear. Vice Mayor Juandiego Wade said he’s handled many paper streets when he was a planner. He said he was okay with deciding them on a case by case basis because every property may have unique conditions. “I think it would maybe be hard to come up with an overall city policy because each one might be different,” Wade said. The two property owners did want to speak at the public hearing, but had not been recognized but later did have the chance to have their say. “Currently the actual alley isn’t in great condition,” said Vignesh Kuppusamy. “There’s a tree that fell over in a recent storm that’s dead and kind of rotting there so we were also thinking that if we were to do this and be granted the land together with the owners of 313 we could clean the area up and make it look nicer.” Wade supported the idea of developing a policy, but said he would feel comfortable granting this conveyance. So did Councilors Brian Pinkston and Michael Payne.“To be honest I haven’t thought about it too much but my initial reaction is that shouldn’t hold us up on doing some on a case by case basis,”  Payne said. The matter will come back up for a second reading at Council’s next meeting on July 18. Council denies request to give up 0.02 acres of land on 9th Street NEIn a similar matter, Council denied a request from a landowner to be given a 0.02 acre vacant lot at the corner of East Jefferson Street and 9th Street for free. Charlottesville Mayor Lloyd Snook said there are two chestnut trees on the property. (staff report)“The trees are huge and they’re beautiful and they’re worth more to the city I suspect then they would be to the neighbor,” Snook said. “My own feeling about is that we should not be in the habit of giving away real estate especially if it’s on a road where we may decide we want to have a bike lane or a wider sidewalk.”The property is within the jurisdiction of the East High Streetscape project.The owner of the adjacent property, Thomas Gierin, said those trees are infested with ivy and he said the city is not equipped to take care of the maintenance. He said he could take better care of the property. “I have worked with the city arborist office to have them come out and perform maintenance,” Giren said. “They did come in I believe in February to do some maintenance and I spoke with them about doing the things it would to make those trees healthy and thriving and they said ‘we’re just here to keep the branches away from the street.”Gieren said he would be paying property taxes if he owned the land, and that he would grant an easement for any future transportation project. Councilor Magill said she would prefer the city to retain ownership.“One of the most expensive things about doing sidewalks and doing everything else is the getting the right of way and by giving up land that we have the right of way to, we limit ourselves and potentially cost us significantly more in the future.” Snook said he felt there could be a negotiation with Gierin to work out a deal.“I’m certainly not prepared to say yes but I’m also not prepared to say, no, never,” Snook said. Council voted 4-1 on a motion to deny the request with Wade dissenting. Support the program!This is episode 402 of this program and it contains stories you’re simply not going to see anywhere else. Town Crier Productions is not a nonprofit organization, but around a third of the audience has opted to contribute something financially. It’s similar to the old days when you would subscribe to a newspaper. I subscribe to several, myself! If you are benefiting from this newsletter and the information in it, please consider some form of support. I am not a nonprofit organization and most of my time is spent in putting the newsletter together, which includes producing the podcast.Supporting the program through a Substack contribution or through Patreon makes it very easy for me to get paid and every single dollar that I get makes me want to work that much harder to serve the community. In just under two years, I’ve produced hundreds of stories that seek to give you information about how decisions are made in our community and in the Commonwealth of Virginia.For more information on all of this, please visit the archive site Information Charlottesville to learn more, including how you too can get a shout-out! Thank you for reading, and please share with those you think might want to learn a few thing or two about what’s happening. This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit communityengagement.substack.com/subscribe

Success Fundamentals
Protecting Yourself In Business with Mark Goodman

Success Fundamentals

Play Episode Listen Later Jun 29, 2022 36:11


Intellectual property can be one of, if not the most valuable asset for many businesses. Therefore, it makes sense that as an entrepreneur, you should be on top of protecting your intellectual property via the proper filing of applicable trademarks, patents, and copyright. In this episode of the Success Fundamentals podcast, Kris and Brian talk to patent law, intellectual property and business law expert Mark Goodman about the many ways to ensure that your IP is being protected to the fullest extent. HIGHLIGHTSWhat it really means to own intellectual propertyThe difference between a patent, copyright and a trademarkWhy you should protect your business in the first place Can you put a lean on intellectual property? Protecting your intellectual property in every countryCan you sell intellectual property?QUOTESMark: "A logo can be the subject of a copyright and a trademark. But the trademark is protecting against people using it in a way that causes consumer confusion whereas copyright is just saying you can't make a copy of this artwork." Mark: "If you have an invention and you're going for a new business based on the invention, the law makes you file early in the process -- which can trip up some entrepreneurs because otherwise it might make more sense instead of spending a bunch of money on a patent lawyer at the beginning, let's get out there and see if we sell this product, see if it really works and then go ahead later and get the patent." Mark: "The problem is once you start selling, in the United States you have exactly one year to file a patent application or else you forever lose your right to do so. It becomes public domain. That is harsh for entrepreneurs." Follow Jonathan and check out his work through the links below: Website: https://www.goodmanlawnevada.com/LinkedIn: https://www.linkedin.com/in/markgoodmanlaw/Twitter: https://twitter.com/GoodmanLawNVFacebook: https://www.facebook.com/goodmanlawnevada/Follow Success Fundamentals on the following links below: Website: https://www.successfundamentals.com/YouTube: https://www.youtube.com/channel/UC4XCvuwxnFi5_7C6Ncm12xQLinkedIn: https://www.linkedin.com/company/success-fundamentals™Facebook: https://www.facebook.com/successfundamentalspodcastInstagram: https://instagram.com/successfundamentalspodcast

The Self Storage Podcast
Ep83: The Impact Of Building Networks And Connections In Real Estate Growth - George Fitz

The Self Storage Podcast

Play Episode Listen Later Apr 19, 2022 33:19


Despite a high-paying job, our guest George Fitz thought that getting into real estate would be the best thing to do for his future. In this episode, we'll be diving into what makes self-storage better than multifamily and the vital role of networks and connections in growing in this business.WHAT TO LISTEN FORWhy do highly-paid individuals get into real estate?Disadvantages of operating your own multifamily businessTips for ensuring you're buying a good self-storage propertyThe importance of knowing people when finding dealsAdvice for investors who are new to the self-storage spaceRESOURCES/LINKS MENTIONEDWho Not How by Dan Sullivan | Paperback https://amzn.to/3lGWoDf & Audiobook https://amzn.to/3GiLop2ABOUT GEORGE FITZGeorge Fitz is one of our incredible mentors and is responsible for assisting a number of our clients in purchasing their very first self-storage facility, as well as growing and scaling an existing portfolio. Born and raised in the small mining town of Hazard, Kentucky, he went on to get a degree in film from Northwestern University. He later moved to California and began investing in beachfront condos, single-family, and multi-family rentals, and eventually in self-storage where he has experienced a great deal of success. But his greatest achievements are in giving back to his local community by contributing to the local theater, other groups that support domestic violence, the Shriners, and children's suffering and poverty. Eventually, he found an IT consulting business, which is truly his passion but credits self-storage for allowing him to create his dream company. And we are thankful that George takes the time to mentor our clients and for sharing the blueprint for making their dreams a reality with self-storage as the engine to make it all happen.CONNECT WITH USWebsite: https://www.selfstorageinvesting.com/Facebook: https://www.facebook.com/selfstorageinvestingTwitter: https://twitter.com/SelfStorageGuyLinkedIn: https://www.linkedin.com/in/scottameyers/Youtube: https://www.youtube.com/user/SelfStorageInvestingInstagram: https://www.instagram.com/self_storage_investing/Subscribe so you never miss a NEW episode! Leave us an honest rating and review on Apple Podcast.

Do You Ever Wonder...The Hallmark Abstract Service Podcast
Do You Ever Wonder About The 1031 Exchange? 1031 Rob Pecha Fills Us In!

Do You Ever Wonder...The Hallmark Abstract Service Podcast

Play Episode Listen Later Apr 19, 2022 31:43


1031 Exchange: A 1921 Gift From The IRS?Only days removed from Tax Day 2022, it's hard to imagine but for some owners of real estate it is true that the IRS cuts them a tax break!To learn more about this tax break, along with alternative investment options, The Do You Ever Wonder Podcast Welcomes 1031 Rob Pecha!Rob, known as the '1031 Exchange Quarterback', will fill us in about this important real estate tool for owners of investment property.This important transaction is utilized to defer capital gains taxes to a later date, along with some other potential benefits.These include acquiring an investment with better return potential, moving to a managed option versus managing a property personally, the consolidation of many properties into one and finally, to reset the depreciation clock.Rob will discuss Delaware Statutory Trusts (DSTs), a great and managed way to defer taxes from the sale of an investment propertyThe episode is available on your favorite streaming services below, as well as on YouTube.If you have any questions or might have a topic you would like to discuss on Do You Ever Wonder, reach out to Mike Haltman at mhaltman@hallmarkabstractllc.com.For more information about Rob Pecha and an alternative managed way to execute a 1031 Exchange, visit his website here, https://1031rob.com/____________________________________________The Do You Ever Wonder podcast is brought to you by New York title insurance provider Hallmark Abstract Service.Hallmark Abstract Service...You Buy, We Protect!What's your favorite podcast platform? Do You Ever Wonder is on there!Apple : https://podcasts.apple.com/podcast/id1589834260Spotify : https://open.spotify.com/show/29rcULIGYPoa2k1SL1nfebGoogle : https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5idXp6c3Byb3V0LmNvbS8xODYyOTg2LnJzcw==Amazon : https://music.amazon.com/podcasts/5824f1cf-0719-4617-b874-e9ff1f38456e/do-you-ever-wonder-with-your-host-mike-haltmanStitcher Podcasts : https://www.stitcher.com/s?fid=657987iHeart Radio : https://iheart.com/podcast/90144298/Pandora: https://www.pandora.com/podcast/do-you-ever-wonderwith-your-host-mike-haltman/PC:78342

How Did They Do It? Real Estate
SA359 | Creating a Productive Relationship with Partners and Investors with Steven Louie

How Did They Do It? Real Estate

Play Episode Listen Later Jan 31, 2022 33:20


Investing should not be viewed as a game of luck but rather an excellent risk to make a sufficient return and accomplish your goals together. Steven Louie shares what makes a partnership successful and the benefits of investing in multifamily real estate. Stay tuned for more!Key Takeaways To Listen ForOut-of-state vs. in-state investingWays to establish your first investment propertyThe relevance of building relationships with like-minded individualsBusiness principles for greater end resultsTips to start investing with a partnerReasons to invest in a joint venture partnershipResources Mentioned In This EpisodeFree Apartment Syndication Due Diligence Checklist for Passive InvestorWho Not How by Dan Sullivan and Benjamin HardyAbout Steven Louie Steven is a Managing Partner at Vertical Street Ventures, where he is responsible for acquisitions, sourcing capital, and building key strategic partnerships. As the founder of Vertical Street Ventures, he focuses his time on revenue-generating activities for the firm through Multifamily real estate acquisitions.Steven worked his corporate career in the Benefits / Consulting industry where he held various executive and sales leadership roles at Mercer and MetLife. As a Partner at Mercer, Steven was the Southern CA Office Leader for Mercer's Health, Wealth, and Human Capital Consulting practices. Prior to Mercer, he worked for 16 years at MetLife, where he led the organization in Group Institutional Sales as a Client Executive and a Sales Leader. Steven started his career as a group insurance underwriter and graduated with a Finance degree from California State University Fullerton.He has grown his Multifamily portfolio to over 2,500+ units across 4 states (AZ, CA, FL, TX) and has a keen focus on acquisitions and building key partner relationships across the market. In his spare time, he enjoys the “need for speed” as he shifts gears around a racetrack. Steven also enjoys vacationing with his wife, Rebecca, and two daughters.Connect with StevenWebsite: Ventricle Street VenturesTo Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams

The REITE Club Podcast - Real Estate Investing for Canadians
The Key To A Successful BRRRR Renovation

The REITE Club Podcast - Real Estate Investing for Canadians

Play Episode Listen Later Jan 27, 2022 27:07


In this episode you will learn about: How supply and demand has been affected by COVIDHow supply and demand has been affected by COVID- The real estate boomHow to book a contractor and plan your projectBook your contractor and plans before closing on a propertyThe current state of lumber pricing and availabilityWhat things should costWhen to get permits Guest - David Ould Real Estate Investor & Project Manager  In this interview, David shared how to be prepared when choosing a contractor to do a flip, a BRRRR, or any other type of major renovation. The biggest surprise during the pandemic has been the major real estate boom currently happening in Ontario. Black Jack Contracting acts as an educator with investors, helping them determine their renovation budget and how to pay for it all. David's ultimate goal is to have a solid discussion about what the budget allows and how it will impact the overall project. What is required for this project to be successful and profitable for all parties. Since the team at Black Jack is comprised of investors, they know exactly what investors are looking for.  David has been investing in real estate and acquisitions for over 14 years from BC to Ontario. David is now the Project Consultant at Black Jack Contracting. He's been doing a lot of renovations, dealing with tenants, and knows what investors are looking for. Get in touch with David:Website: https://blackjackcontractinginc.ca/Email: info@blackjackcontractinginc.ca This episode has been brought to you in part byElevation Realty – http://www.elevationrealty.ca/ Black Jack Contracting - https://blackjackcontractinginc.ca/ BM Select - https://bmselect.ca/ The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! https://www.buildingstack.com/

Australian Property Investment Podcast
How the Prestige Property Market has Performed and What this Means for the Broader Property Market - a Valuer's Insights with Peter Raptis

Australian Property Investment Podcast

Play Episode Listen Later Dec 12, 2021 39:40


Valuation has the tendency to make or break a purchase. In today's episode, Acumentis Group director Peter Raptis shares with us his thoughts about the booming property market from the perspective of a valuer. Find out the factors that he looks at when valuing a property. Plus, we are still in the low interest rate environment and experiencing the economic impact of Covid19. Are you keen to know how this affects you as buyer? Listen to his valuable advice to property buyers, especially those who wonder “When is it the right time to buy a property?”.In this episode:Peter talks about the 3 issues they look at during valuationThe two types of valuation: purchasing vs. refinancing a propertyThe importance of the property owner's inputs during the valuationPeter's thoughts on the rapid price growth in SydneyHow long will this growth last?The domino effect when property prices rise locally and interstateInvesting in this time of low interest rates and the property boomHow Covid19 influenced the people's purchasing behaviourPeter cites samples of huge price increases – without renovations in the propertyThe importance of buying at the right priceWhat can happen when property growth has peakedPeter's advice to property buyersLinks:Acumentis Group

Non Fungible Guys (NFGs)
@Propertys_NFT is minting soon! Crypto Bull Society, RMRK, Crypto Scams

Non Fungible Guys (NFGs)

Play Episode Listen Later Dec 10, 2021 72:03


@Property's_NFT is minting soon! PropertyThe artwork for cryptobullsociety.com/ is amazing Barriers to enter the crypto world are still too great Connecting metaverses Veve is just way too saturated. Newton Dropped XRP Rmrk, your means to getting a nested NFT Watch out for crypto scams: Private key/seed phrase requests I'm in China and I need to dump my crypto! Smart contract bugs

BiggerPockets Real Estate Podcast
514: BiggerNews, October: How Small Landlords Can Beat the Hedge Funds

BiggerPockets Real Estate Podcast

Play Episode Listen Later Oct 5, 2021 70:34


Once the housing market started to slide in 2007, smart investors began buying, and waiting, for rock-bottom prices to kick in. Investors were buying homes in some of the best markets for dimes on the dollar, and have seen massive profits whether keeping them as buy-and-hold rentals, BRRRR deals, or flips. While small investors started buying a couple of houses a year, institutional investors were doing far, far more.Private equity funds, along with REITs and hedge funds knew that foreclosed homes were a steal, and their economies of scale made it even easier to turn these financially mismanaged properties into appreciation and cash flow kings. As institutional investors began fixing up these homes, listing them for rent, and later selling them, the entire market moved in an upward direction. Now, first-time homebuyers are competing with these economic powerhouses to lock down their first primary residence or rental property.A man who has been covering this topic for years is The Wall Street Journal's, Ryan Dezember. Ryan has a keen understanding of what influences the housing market as a whole, why institutional investors are making the moves they are, and what this means for small mom-and-pop landlords. Dave Meyer also joins David Greene on this episode to discuss the ways small landlords can beat Wall Street at their own game.In This Episode We Cover:Why home prices dropped to the lowest point in 2011How the pandemic gave institutional investors more buying powerWho are the “wall street buyers” that are buying thousands of single-family homes?Why you should “find the tenant” before finding your next propertyThe “carbon monoxide” of investing that most investors aren't paying attention toHow institutional investors use economies of scale to rapidly rehab homesWhat small investors can do to beat institutional investors at the closing tableAnd So Much More!Links from the ShowBiggerPockets ForumsBiggerPockets Youtube ChannelBiggerPockets Conference 2021BlackstoneZillowRedfinBiggerPockets InsightsBiggerPockets Show 515Check the full show notes here: https://biggerpockets.com/show514See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The MLC Show
New Permitted Development Rights & Change Of Use

The MLC Show

Play Episode Listen Later Sep 27, 2021 27:47


What is allowed under permitted development rights? What are the new rules since 1st August 2021 on permitted development rights? What is allowed under permitted development rights? What opportunities do the new rules offer to intermediaries, property developers, the high street, and wider society?Likes & Shares on social media appreciated

The Valley Labor Report
Southern Student Workers Organizing and Labor Board News - TVLR 8/14/2021

The Valley Labor Report

Play Episode Listen Later Aug 17, 2021 79:09


✦ LINKS  ✦    Tennessee Campus Workers Foil Billionaire Governor's Outsourcing Scheme: https://labornotes.org/2017/11/tennessee-campus-workers-foil-billionaire-governors-outsourcing-schemeCampus Workers Unmask Scheme To Privatize All Tennessee Property: https://labornotes.org/2016/10/campus-workers-unmask-scheme-privatize-all-tennessee-propertyThe week in US unions, July 29-August 5: https://whogetsthebird.substack.com/p/weekly32The week in US unions, August 5-12: https://whogetsthebird.substack.com/p/weekly33The New York Times Makes The NLRB's Case For Reviving The "Joy Silk" Doctrine: https://brandonmagner.substack.com/p/the-new-york-times-makes-the-nlrbs✦ ABOUT  ✦  The Valley Labor Report is the only union talk radio show in Alabama. The show covers local, state, and national news with an emphasis on the former two. Jacob and David hope to educate the audience about the power they can have with their fellow workers through cooperation, organizing, and solidarity.The show is live on Saturdays from 9:30am to 11:00am on 92.5 FM WVNN in the Huntsville/Decatur/Athens listening area. A recording of the show plays from 8:00am to 9:30am on 100.7FM WGOL in Russelville, Alabama. You will be able to listen live online on wvnn.com and the broadcast will be livestreamed on Youtube. Help them agitate and educate Alabama workers: patreon.com/TheValleyLaborReportFollow the show on facebook: https://www.facebook.com/TheValleyLaborReportFollow the show on Twitter: @LaborReportersFollow Jacob and David on Twitter: @JacobM_AL @RadiclUnionist✦   OUR ADVERTISERS KEEP US ON THE AIR! Support them if you can.  ✦  Are you a federal employee in Huntsville? Check to see if you are represented by the American Federation of Government Employees Local 1858 by calling (256) 876-4880Hometown Action is a powerbuilding collective here in Alabama. Learn more about their work and how to join by going to hometownaction.org.The fight against climate change is the fight for working people. Go to arminarm4climate.org to learn more about the intersection of environmental and working class interests and how to join the movement to stop climate change.The attorneys at Maples, Tucker, and Jacobs fight for working people. Reach out to them and let them represent you in your workplace injury claim. Learn more at mtandj.com or call them at (855) 617-9333.Do you want to organize your workplace? The Machinists Union represents workers in several industries including healthcare, the defense industry, woodworking, and more. Call them to learn more at (256) 286-3704 or email them at organize@iamaw44.org.Do you need good union laborers on your construction site, or do you want a union construction job? Reach out to the Ironworkers Local 477. Call Jeb Miles at 256-383-3334 or via email at:  local477@bellsouth.net.Means TV is a worker-owned post-capitalist alternative to Netflix and Hulu. Subscribe at Means.TV with the code VALLEYLABOR to receive 50% off your first month.The North Alabama DSA is fighting for liberty and justice for all. Inquire about joining: email DSANorthAlabama@gmail.comThe Alabama AFL-CIO is the largest federation of unions in Alabama.The Majority Report is a daily left wing political talk show. Tune in at 11am CST every weekday on YouTube or listen later wherever you get your podcasts. ★ Support this podcast on Patreon ★

Investopoly
Land tax minimisation (or elimination) strategies

Investopoly

Play Episode Listen Later Aug 17, 2021 19:16


Land tax is levied on the value of an investor's landholdings on 31 December each year. It is an insidious tax as any land tax is relatively small when you initially purchase an investment property but typically increases each year. As such, the problem is that it can become quite costly by the time you reach retirement – a time when it's preferrable to pay less tax, not more.There may be several opportunities to minimise land tax which are discussed in this blog.Land value is a vital attribute of an investment-grade propertyThe value of a property comprises of the value of the underlying land plus the dwelling's value (i.e. improvements that are permanently located on the land). Typically, land appreciates in value over time whereas buildings depreciate. Therefore, to maximise your property's rate of capital growth, you must invest in property's that have a high land value i.e. more than 50% of the property's value should be in the land.There are a couple of consequences of investing in high land value properties:1. High land value properties tend to produce low rental yields. That's because renters don't really care about the value of the underlying land. Renters are more impressed by the size and quality of the accommodation; and2. High land value properties attract higher land tax liabilities.Remember, the power of compounding capital growth more than compensates investors for these disadvantages.In the past, it hasn't been wise to own property in a company but…One of the major disadvantages of owning investments in a company is that a company is not entitled to the 50% capital gains tax discount.If you realise a capital gain in your personal name of $100, you can discount that gross gain by 50% if you have held the investment for 12 months or longer. As such, the investor will be taxed on a net gain of $50 at their marginal tax rate. If they earn over $180,000 p.a., their rate of tax is 47%, so they will pay $23.50 in tax. In short, the maximum rate of tax in respect of CGT in their personal name is 23.5%.If a company makes a capital gain of $100, it will pay tax on the whole gain as the 50% discount is not available. As the corporate tax rate is 30%, it will pay $30 of tax.In this situation, the investor that uses a company pays a high tax rate by 6.5% (i.e. 28% more in tax). As such, companies used to be an unattractive ownership structure (also because negative gearing losses are trapped).But the company tax rate has reduced in some situationsCompanies that meet the eligibility of ‘base rate entities' will be taxed at the flat rate of 25% from this financial year onwards. A company is a base rate entity if its turnover is less than $50 million and 80% or less of its income is passive income (which includes rental income).This could create a good opportunity for self-employed taxpayers if they are able to distribute business income into a corporate beneficiary, so that the non-trading investment company meets the ‘base rate entity' definition. In this case, the rate of CGT would be 25% versus 23.5% in a personal name. This is a far more palatable outcome, especially if a company ownership structure helps reduce land tax liabilities, as discussed below.State based tax regimeLand tax is a state government tax, and each state has different rules. Principal places of residence do not attract land tax. But any properties in addition to your principal place of residence, such as holiday homes and investment properties, typically do attract land tax.Land tax in VictoriaIn Victoria, investors incur a land tax liability if the value of landholdings exceeds $250,000. It has a marginal tax rate system which means the more land you own, the higher rate of tax you pay.It is noteworthy that the land tax free threshold of $250,000 hasn't change since 2009, despite the median house price almost doubling since then!Joint owners share one land tax free threshold. Therefore, if you own two investment properties, purely from a land tax liability perspective, you are better off for each spouse to own one property each, rather than jointly.Family trusts (click here for the benefit they offer) attract higher rates of land tax, and their land tax free threshold is only $25,000. As such, it if often worthwhile to establish a separate family trust to hold each property, rather than having multiple properties in one trust.Companies are taxed at the same rate as individuals. Therefore, if you are self-employed and can distribute business income into a corporate beneficiary, a company could be a good ownership structure.I have prepared some financial projections which compares various ownership structures depending on whether you own one, two or three investment properties. Click on the image below to view this analysis.https://www.prosolution.com.au/wp-content/uploads/2021/08/Vic-land-tax-charts.pdfLand tax in NSWNSW provides a land tax-free threshold of $755,000. This threshold is increased each year, which is a fairer system than Victoria. The value of land that exceeds the threshold is taxed at a flat rate of 1.6%.The land tax-free threshold is available to individuals, companies and self managed super funds, but not family trusts. That means a property investor that uses a trust to hold property in NSW will always pay $12,080 more in land tax each year, if the value of its land holdings exceeds $755,000 (being 1.6% of $755,000). As such, where possible, it is better to own property in personal name/s or, if you are self-employed, a company (subject to the discussion above).NSW has announced that it will seek to reform property taxes by replacing stamp duty with an annual tax. Whether this will have an impact on land tax is unknown.Queensland land taxQueensland's land tax regime is like Victoria's, in that it has a land tax-free threshold (of $600,000) and levies a marginal rate of tax.Trusts, companies and self managed super funds attract a lower tax-free threshold of $350,000 and higher rates of tax. Depending on your situation, it might be wise to spread property ownership across multiple trusts, as discussed above for Victoria. Just like I did for Victoria, I have prepared some financial projections which compares various ownership structures depending on whether you own one, two or three investment properties. Click on the image below to view this analysis.https://www.prosolution.com.au/wp-content/uploads/2021/08/QLD-land-tax-charts.pdfGeographical diversification can help minimise land taxBecause land tax is a state-based tax, it may be possible to benefit from the tax-free threshold in each state. As such, owning three properties in three different states will result in a materially lower annual tax liability than owning three properties in one state.Other factors to considerWhen contemplating investment property ownership options, it is important to recognise that land tax is only one of many considerations. There are many financial and non-financial considerations to weigh up including:§ Capital gain tax and income tax e.g. negative gearing benefits;§ Asset protection;§ Estate planning i.e. transfer of wealth;§ Compliance costs e.g. accounting fees, set-up costs and ASIC fees; and§ Ability to borrow (e.g. maximise borrowing capacity, if applicable).Some of these factors can be just as important, or more important than land tax outcomes.Also, it is very important to acknowledge that tax rules can change at any time. In fact, if you plan to own the property for a few decades, then it is very likely that tax rules will change over this period. That is why it's important to not be too tax focused. An ownership structure should provide many advantages including the ability to minimise taxes. It's too late to change nowChanging the ownership of a property that you currently own is often cost-prohibitive as it can give rise to capital gains tax and/or stamp duty liabilities. Therefore, it is important to seek independent financial and taxation advice well in advance of acquiring an investment property to avoid any costly mistakes.As I wrote at the beginning, land tax is insidious – it will sneak up on you. Therefore, you must consider ways to minimise it and you can only do that if you have a well-defined plan.

Under The Hammer
Ep 37 - Insights from Australia's Top Selling Agent Michelle Stephens

Under The Hammer

Play Episode Listen Later Aug 11, 2021 36:04


Join Stavros Ambatzidis (Company Director with O'Brien Real Estate) and Jane Nield for a fortnightly chat about real estate, the changing demands on real estate professionals and the challenges facing the industry.Under the Hammer is proudly supported by Direct Connect. It's a FREE service making moving easy. If you are an agent or property manager interested in using Direct Connect call 1300 664 715 to see how they can benefit you and your team – or head to directconnect.com.au.Our guest this week is Michelle Stephens, one of the most respected and influential real estate experts in Victoria and number one across several states. Michelle is part of the team at OBrien in Carrum Downs.Michelle was recently recognised as the number one sales agent by the REIV and the REIA for Victoria and Australia and won the Rate My Agent honours for Agent of the Year both Nationally and for Victoria.Michelle shares her insights into;Building a great team and playing to your own personal strengthsFocusing on your vendor and their wider needs when listing a propertyThe importance of styling and property presentationTo connect with Michelle head to the OBrien website HERE. To connect with the team at Direct Connect head to their website HERE.To connect with Stav email stavros@obrienrealestate.com.au or give him a call on 0409 708 000.To ask us a question, send us feedback or suggest a guest email podcasts@sen.com.auThis podcast is produced, engineered and edited by Jane Nield for Sports Entertainment Network.

Next Step Podcast
Home Ownership 101: Buying a Vacation Home or Rental Property Podcast

Next Step Podcast

Play Episode Listen Later Jun 15, 2021 4:29


In this podcast Jeff Prior, a Mortgage Loan Officer for Regions Bank in Birmingham, Ala., shares what you need to know when buying a vacation home or rental property. Jeff provides tips on:Determining whether to buy a second homeWhat to keep in mind when financing a second propertyThe difference between renting out a second home or using it as a vacation property

How to Scale Commercial Real Estate
Finding The Right Partners To Scale with Kyle Jones

How to Scale Commercial Real Estate

Play Episode Listen Later Jun 15, 2021 24:51


Kyle Jones is a Co-Founder and Key Principal of TruePoint Capital, LLC. He is responsible for the company's strategic planning, investment decisions, asset management, and overseeing all aspects of the company's financial activities, operations, and investor relations. Kyle obtained a Bachelor of Science degree from Texas State University-San Marcos, where he also played Division 1 Baseball.[00:01 – 04:34] Opening SegmentInsight into the episodeIntroduction to the guest for the episode, Kyle JonesKyle's backgroundThe current focus of TruePoint Capital[04:35 – 21:06] Finding The Right Partners To ScaleFrom small deals to large scale multifamilyKyle's first dealHeavy lift assetsKyle goes over their strategy with Ground-up developmentTheir ideal timeline from taking the first investment to having the first resident move into the propertyThe benefits of having experienced partners in a deal[21:07 – 24:29] Final Four SegmentKyle's advice to aspiring investorsJust get in and get startedHow he stays on top of his gameHis way to make the world a better placeReach out to our guest– see links belowFinal wordsTweetable Quotes: “Just getting in and getting started is ultimately the biggest piece of advice that became a catalyst for me to grow my portfolio.” - Kyle Jones“We don't really lose money until we sell.” - Kyle JonesResources Mentioned: TruePoint Capital------------------------------------------------------------------------------------------Connect with Kyle, send him an email at kjones@truepointcap.com. Visit their website at https://truepointcap.com/. Check out his podcast at http://theincomeinvestorpodcast.com/ Connect with me:I love helping others place money outside of traditional investments that both diversify strategy and provide solid predictable returns.Call: 901-500-6191FacebookLinkedInLike, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in! Email me --> sam@brickeninvestmentgroup.com

How to Scale Commercial Real Estate
Finding The Right Partners To Scale with Kyle Jones

How to Scale Commercial Real Estate

Play Episode Listen Later Jun 15, 2021 24:29


Kyle Jones is a Co-Founder and Key Principal of TruePoint Capital, LLC. He is responsible for the company's strategic planning, investment decisions, asset management, and overseeing all aspects of the company's financial activities, operations, and investor relations. Kyle obtained a Bachelor of Science degree from Texas State University-San Marcos, where he also played Division 1 Baseball.[00:01 – 04:34] Opening SegmentInsight into the episodeIntroduction to the guest for the episode, Kyle JonesKyle's backgroundThe current focus of TruePoint Capital[04:35 – 21:06] Finding The Right Partners To ScaleFrom small deals to large scale multifamilyKyle's first dealHeavy lift assetsKyle goes over their strategy with Ground-up developmentTheir ideal timeline from taking the first investment to having the first resident move into the propertyThe benefits of having experienced partners in a deal[21:07 – 24:29] Final Four SegmentKyle's advice to aspiring investorsJust get in and get startedHow he stays on top of his gameHis way to make the world a better placeReach out to our guest– see links belowFinal wordsTweetable Quotes: “Just getting in and getting started is ultimately the biggest piece of advice that became a catalyst for me to grow my portfolio.” - Kyle Jones“We don't really lose money until we sell.” - Kyle JonesResources Mentioned: TruePoint Capital------------------------------------------------------------------------------------------Connect with Kyle, send him an email at kjones@truepointcap.com. Visit their website at https://truepointcap.com/. Check out his podcast at http://theincomeinvestorpodcast.com/ Connect with me:I love helping others place money outside of traditional investments that both diversify strategy and provide solid predictable returns.Call: 901-500-6191FacebookLinkedInLike, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in! Email me --> sam@brickeninvestmentgroup.com

Multifamily Investor Ladies
Ep10: Multifamily Investor Ladies' Milestone Unlocked

Multifamily Investor Ladies

Play Episode Listen Later May 12, 2021 12:24


As we celebrate the 10th episode of the Multifamily Investor Ladies Podcast today, Lynda and Lisa are thrilled and excited to share their thoughts, challenges, and accomplishments over the last two months of educating both the new and experienced passive investors through their show. Their partnership has indeed been an awesome turnaround to the listeners and filled with invaluable lessons. WHAT YOU'LL LEARN FROM THIS EPISODE:Passive investing in commercial real estateLynda's syndication journey and Lisa's takeaways and lessons these past few months Hurdles to overcome as a passive investor Process of looking for a propertyThe importance of having the right mindsetRESOURCE:Website: Multifamily Investor Ladies

Scottish Property Podcast
How to invest in property remotely

Scottish Property Podcast

Play Episode Listen Later Feb 24, 2021 22:21


This week on the podcast, Nick and Steven talk about how to invest in property remotely. It is natural to want to stick to buying property on your doorstep due to being familiar with the area but sometimes you need to look further afield to get the best investment deals and find the opportunity.In this episode talk about:What desktop research you can carry out without actually being on the groundHow to find a team that will help you acquire and renovate the propertyThe reasons why you should look at remote investing⭐️⭐️⭐️⭐️⭐️Hope you find it useful and we would appreciate it hugely if you could find time to leave a review on Apple Podcasts. Connect with us on social media: Join the Scottish Property Podcast Facebook Group: https://www.facebook.com/groups/628274537711227/Steven Clark on Instagram: https://www.instagram.com/stevenclark84/Nick Ponty on Instagram: https://www.instagram.com/nick_ponty/ Email us: Steven@steven-clark.com Nick@arcproperty.uk

Commonwealth Home Ownership
EP 26 - Agreement-for-Sales and Rent-to-Owns with Barry McGuire!

Commonwealth Home Ownership

Play Episode Listen Later Feb 15, 2021 80:12


Welcome to episode 26 of the Commonwealth Home Ownership real estate podcast! We have a very special guest today in the one and only Barry McGuire! For those of you who don’t know Barry, he is a veteran real estate lawyer with over 45 years of experience in the industry. He himself is a real estate investor who started investing 48 years ago. Barry is a popular speaker on the REIN stage with his “Tales from the Trenches” where he uses real-life stories of investor legal land mines to teach by example. Barry is also the co-author of “97 Tips for Real Estate Investors” which provides insights, strategies, and success stories to help you build wealth faster.Barry is well-known for his Focus Workshops and Rapid Cash Flow programs which are intensive 1-2 days seminars that really push your investing business to the next level. Today, we do a deep-dive discussion on Agreement for Sales and Rent-to-owns so this is one episode you don't want to miss! Show Notes: Discuss how Barry got started in educating others in creative real estate strategiesA lot more people are aware and want to get into creative real estate strategies nowadays vs 12 years agoTry not to say “Agreement for Sale” when discussing with a seller as it can be confusingDifference between AFS and VTB is that the latter requires qualification, whereas AFS does not require immediate qualificationAFS fell out of favor when CMHC came into the picture and buyers no longer needed to put down a 50% down paymentAFS has a place in a flat to negative market AFS can create a win-win for both parties in a negative marketGo over some pitfalls with the AFS strategyDiscuss the rights of the buyer and seller in an AFS dealBy filing a Power of Attorney and caveat on title, the buyer can have full control of the propertyThe seller still has the right to foreclose if the buyer doesn’t payIt is a strategy that is still legal across Canada but not always well-known in all areasRTO is to help those who want to buy but can’t afford it now for various reasonsRTO starts as a regular lease with an option for the tenant to buy; also known as Lease OptionsRTO works best in a booming marketFigure out why tenant-buyer can’t buy and if it is a correctable problemFind out what tenant-buyer can afford and give them strict parameters for what they can buyGet option money from tenant upfrontFigure out the down payment required and what tenant-buyers need to pay you on a monthly basis for the length of the termThe final price has to be justified in the market at the time of saleIn a flat market, RTO may work better as an exit strategyPredatory operators have given RTO a bad rep by taking advantage of vulnerable people but there are fewer of those than beforeRTOs can be a lot of work requiring a lot of conversations with a lot of potential tenant-buyersDiscussed the pitfalls of tenant-first RTO strategy in a down market and potential ways to mitigate those risksPart of the initial Option money has to be refundableNeed to work with a bank or mortgage broker who understands RTO deals; otherwise can be a pain in the assExpect a future episode with Barry where we will discuss Wholesaling and Joint VenturesFor more information on Barry and his courses, you can find him at: www.barrymcguire.caFor more episodes and other real estate investing educational content, visit us at CWHO.CA

Oven-Ready HR
Tempting Workers to Return to the Office Will Take More Than Prosecco on Tap!

Oven-Ready HR

Play Episode Listen Later Jan 26, 2021 32:26 Transcription Available


In this episode, Chris talks to prolific 'Social Entrepreneur' and 'Social Impact' investor Mark Kass.  Mark  Kass takes us through the highs and lows of operating a co-working and business centre operation during the Pandemic and why the death of the office is hugely over-exaggerated.Mark Kass is CEO and Chairman of The Enterprise4Good Group.  The group operates a socially responsible stable of brands that designs, delivers and manages a variety of economic growth programmes to create measurable social, environmental and economic impact.His typical clients are from the start-up, SME and Freelancer sectors all of which have been deeply affected by recent events. A wide-ranging interview covering a number of themes:Has technology aided or hindered creativity?The effect on mental health from working remotelyWhy property owners need to think differently about propertyThe importance of communityWhy HR should be involved in planning future office needs

Taking Action with Multifamily
How Cost Segregation Saves You Money on Taxes with Yonah Weiss

Taking Action with Multifamily

Play Episode Listen Later Oct 8, 2020 25:57


Yonah Weiss is a powerhouse with property owners' tax savings. As a Business Director at Madison SPECS, he has helped clients save tens of millions of dollars on taxes through cost segregation. Yonah has a background in teaching and a passion for real estate and helping others. He is a real estate investor and the host of the Weiss Advice podcast.[00:01 – 09:37] The Cost Segregation KingI introduce and welcome guest, Yonah WeissYonah walks us through the cost segregation worldA way to save money on taxesDifference between depreciation and cost segregationWhat parts of the property are assessed for the cost segregation study?[09:38 – 20:04] Save Money on TaxesCost segregation applies to any propertyThe proportion of tax benefits is dependent on the purchase priceThe higher the purchase price, the higher the tax benefitsTax benefits are higher the sooner you apply cost segregationStill have considerable tax returns for properties you've owned for 5-10 yearsYonah discusses other facts about cost segregation and other tax concerns for real estate ownersBonus depreciationDepreciation recapture tax[20:05 – 25:57] TIME TO TAKE ACTIONWhat are THREE things or steps that our listeners could do today that would move them forward in their real estate careers?Go to LinkedIn and connect with Yonah and other people.Go to Yonah's website.See what comes off when you google yourself.Connect with Yonah online! See the links below.Final thoughtsTweetable Quotes:"You are gonna get the best benefit the sooner you do [cost segregation]. As time goes on, you're gonna lose the tax benefit." – Yonah Weiss"Your money is worth a lot more as it is now than it will be 5 years from now. That's for sure." – Yonah WeissResources Mentioned:Weiss AdviceCost Segregation definitionBonus Depreciation definitionDepreciation Recapture Tax definitionGary Vaynerchuck You can connect with Yonah on LinkedIn or visit his website and learn the 10 Ways to Optimize your LinkedIn profile. Visit Madison SPECS website for more information.LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.Visit www.nokacapital.com to learn more about investing in multifamily real estate.I’d like to connect with you! Send me an email at Amir@NokaCapital.com. Book Recommendations:Rich Dad Poor DadThink and Grow RichBest Ever Apartment Syndication Book

Scottish Property Podcast
Buying and selling tenanted property with Chris Wood

Scottish Property Podcast

Play Episode Listen Later Jul 31, 2020 40:36


In this week's episode, Nick and Steven explore the options for buying and selling investment property with a sitting tenant with Chris Wood from Portolio. We talk about:The advantages and disadvantages of buying property with a sitting tenantTips on doing your due diligence when buying tenanted propertyThe process involved in buying and selling property with a tenant in placeDiscussion about the current Scottish market and any hotspots for buy to let investingConnect with Chris at Portolio if you are looking at buying or selling a property with a sitting tenant:Email: chris@portolio.co.ukWebsite: https://portolio.co.uk/about/LinkedIn: https://www.linkedin.com/in/chris-wood-a85a0820/Hope you find it useful and we would appreciate it hugely if you could find time to leave a review on Apple Podcasts.Join us on the Monday night live zoom call at 8pm, details found on our Facebook pageConnect with us on social media:Join the Scottish Property Podcast Facebook Group:https://www.facebook.com/groups/628274537711227/Steven Clark on Instagram: https://www.instagram.com/stevenclark84/Nick Ponty on Instagram: https://www.instagram.com/nick_ponty/Email us:Steven@steven-clark.comNick@arcproperty.uk

BiggerPockets Real Estate Podcast
377: The Riches Are... on the Radio? How to Dial in Your Marketing & Do 100+ Deals a Year with Chris Arnold

BiggerPockets Real Estate Podcast

Play Episode Listen Later Apr 9, 2020 83:04


Today's guest does 125 deals a year in Dallas—from his home base in the Caribbean.How? Well, he bailed on direct mail marketing and doubled down on radio ads.And when others froze up as the coronavirus spread, his team put in new systems and closed a $23,500 wholesale deal... without even stepping foot inside the house.Chris Arnold zigs when others zag, and today you'll learn how he sets up his business so he can consistently work ON it, not in it... while enjoying a great lifestyle in Tulum, Mexico.Chris shares timely tips for how to orchestrate deals while maintaining safe social distancing (he even holds "Zoom open houses" with multiple cash buyers at once); breaks down which team member handles each aspect of a transaction; and delivers a fantastic tip for new real estate investors struggling to stay focused.Plus—Chris shares how advertising on local radio stations has elevated his home-buying business to new levels. Look, he says, you might prefer podcasts... "but you are not your seller!"We play one of his ads on the show, and he guides us through how to research various audiences and negotiate the best rates with stations.This show covers it all—from the finer points of buying properties at deep discounts to the mindset shifts Chris has made along the way.Check it out, and if you enjoyed this please share it with just one family member or friend. We appreciate you, and we'll see you next Thursday.In This Episode We Cover:Why Chris runs his business virtually from MexicoHis #1 lead generation strategy: good old-fashioned radio!3 major demographics he markets toWhy "bouncing" is the reason so many newbies fail3 shifts he's made to adapt to COVID-19How he decides whether to wholesale or fix and flip a propertyThe exact workflow his team uses to work leads from start to finishHow he inspects houses remotelyClosing deals over the phoneHow he puts together "Zoom open houses" for cash buyersHow he's finding cash buyers who will buy sight unseenHow the market is reacting to coronavirusWays to back out of a contract if necessaryAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Coronavirus Relief ProgramsBiggerPockets WebinarsHow to Build a Deal PipelineRealtorZillowPandoraThe Multipliers MastermindBiggerPockets Business PodcastReal Estate Rookie PodcastBiggerPockets Money PodcastGoBundanceCheck the full show notes: http://biggerpockets.com/show377

Deals Today
Flipping Houses and Closing Deals as a Story Teller

Deals Today

Play Episode Listen Later Mar 22, 2020 77:26


Read Transcription here For more free information on effective ways of finding deals from a 20-year investor, visit: 40 ways to find a deal At the time of this recording, the recession has started, and lots of people are talking about opportunities. We can't know for sure what the future will look like, but we do know that there are going to be opportunities, and that's important to today's show. Today I'll be interviewing Jim Keller, a Southern California local who's been in the game for a while. Jim is a great storyteller, and today you're going to hear him talk about finding deals and finding money for deals. We're also going to talk about mindset – what it is that makes the difference between the people who are consistently making successful deals and those who just can't seem to make it work. Listen in to hear what Jim has to say about the importance of having an exit plan, his success formula, and how he got the funding he needed to get started. Topics Discussed in This Episode The most important mindset for an abundance of dealsHow nurses and related careers are useful for managing flipsWhether Jim's real estate background helped him as an investorJim's wholesaling exit planThe importance of an exit strategyDemonstrating what it looks like to rehab a propertyThe tips to becoming an effective communicator What gets people motivated to make a dealThe success formulaWhether Jim deals with partnersJim's main source of funding when he startedHow many projects Jim has going on at a timeWhether Jim would hire a new investorDoing the things that move you forwardWhat to do to find deals Transcript of Interview: All right. Welcome to the Deals Today podcast and I'm your host Paul Do Campo with www.RealEstateAudios.com and this is where we interview the experts who are in the trenches right now, who are doing it. New or veteran, guys who can show us what's actually working in real estate today. And particularly, I like to dig into the finding deals part because that's the trouble spot a lot of people have, but we go into all kinds of stuff with these interviews. But the point of it is I don't want any fluff interviews. I want real people out here giving us the guts of what's working today. So if you're listening to this, you're probably... Who knows when you're listening to this. Maybe April, maybe May, but at the time of this recording, it's the middle of March, right at the height of the coronavirus. Everything spiraled down. The recession has started, lots of people talking about the stock market opportunities, real estate opportunities of course more importantly for us. And there's a lot of strategies people are giving away talking about what they're going to be doing at the end of this. But point of all, we don't really know what's going to happen, but we for sure know there's going to be opportunities, hopefully a lot of opportunities in real estate, hopefully prices spiral down, especially out here in Southern California where I'm at, where prices are just ridiculously high, harder to find cashflow deals, but they're out there still today. And anyway, I'm not going to be talking about that. There's all kinds of people talking about the coronavirus out there and the point is there's going to be opportunities. So hopefully you

BiggerPockets Money Podcast
115: Growing an Empire From Nothing with Felipe Mejia

BiggerPockets Money Podcast

Play Episode Listen Later Mar 9, 2020 67:41


Felipe Mejia’s relationship with money started at an early age - when his parents divorced and his world turned upside down. His mother introduced him to the power of real estate by fixing up the basement and renting it out to generate income.His mother further influenced his money story by creating her own cleaning company and introducing Felipe to a client who hired Felipe to clean up his job sites. Felipe put his own spin on that by hiring the work out for a slightly lower rate than he was getting.Real estate became Felipe’s main source of income, generating enough that he does not have to work a traditional job any longer.Felipe Mejia, along with Ashley Kehr from Episode 114 are the hosts of BiggerPockets newest Podcast, Real Estate Rookie.Together, they share stories of real estate successes - as well as encouragement to get started investing in real estate.The Real Estate Rookie show is for anyone interested in investing in real estate - and needs a little encouragement.The Real Estate Rookie Podcast airs on Wednesdays wherever you get your podcasts.In This Episode We Cover:Felipe's money storyHow important money is for FelipeWhat he did to his first rental propertyThe importance of putting money into an investmentHow he earned money during his quest to join the police departmentOn getting attracted to the power of earning passive income through real estateOn house hackingChallenges he encountered in terms of his rental propertiesHis advice on getting one’s spouse onboardHow he approaches cash reservesAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Real Estate PodcastAirbnbReal Estate Rookie Podcast

Investopoly
The cost to hold an investment property hits an all-time low

Investopoly

Play Episode Listen Later Feb 25, 2020 12:46


Over the last few weeks, lenders have aggressively cut fixed rates, particularly for investors that borrow on an interest only basis. Three and five year fixed rates now range between 3.18% and 3.40% p.a. This means the cost to hold an investment property is as low as it’s ever been.This doesn’t mean we all should run out and buy an investment property.The cost to hold a median propertyThe graph below charts the annual after-tax holding cost of a median value house (average of Melbourne & Sydney) expressed in today’s dollars. As you can see, a property’s after-tax holding costs have typically ranged between $10,000 and $30,000 per annum over the past 40 years.https://www.prosolution.com.au/wp-content/uploads/2020/02/holding-costs.png?189b78&189b78The red line is the estimated annual after-tax holding costs based on current fixed rates.A $800k apartment will cost $500 per month to holdLet’s look at the cost to hold an $800,000 investment property (apartment) using actual data as an example.https://www.prosolution.com.au/investment-property-holding-costs/Therefore, this property, for example will cost you circa $505 per month (after-tax) to hold.Low rates will likely inflate property valuesIt is a commonly accepted economic principal that lower interest rates typically lead to an increase in asset values (i.e. the value of equities and property rise). The reason being is that the lower cost of debt means higher profits to owners which means assets are worth more.The graph below charts three variables:§ The rolling average capital growth rate over 20 years for median houses in Melbourne and Sydney; and§ The cost to hold an investment property (as charted above). This is calculated as the annual after-tax holding cost of a median house based on prevailing interest rates at that time, expressed in today’s dollars; and§ The average rolling 20 year growth rate between 2000 and end of 2019.https://www.prosolution.com.au/wp-content/uploads/2020/02/cash-flow-and-growth.png?189b78&189b78This chart demonstrates that periods of higher capital growth have tended to follow periods of time where holding costs were below average.It may cost you less cash flow to generate similar capital growth ratesAs you can see from the chart above, the rolling 20 year capital growth rates have ranged between 4% p.a. and 9% p.a. It’s a big range because of the particular periods of time. For example, the low growth in 2009 measures how property values changed just prior to the early 1990’s recession and during the midst of the GFC – two unfortunate points in history. Similarly, the peak in 2003 measures growth from the early 1980’s when property boomed.Perhaps the best long-term indicator is the average rate of 7% p.a. The average inflation rate since year 2000 is circa 2.5% p.a., so the real growth rate (i.e. excluding inflation) has been 4.5% p.a. In today’s terms, that equates to a growth rate of circa 6% p.a., assuming inflation will continue to hover at around 1.5% p.a.Investing in an asset that generates a growth rate of 6% p.a. that only costs $500 per month to hold could produce tremendous financial outcomes.§ Cost flow cost in today’s dollars over 20 years = $100,000§ Value uplift in today’s dollars after 20 years = over $1.3 millionBut interest rates will surely rise one dayOf course, the above calculation is academic and as such could be misleading. Lots of things could change, which would change the above calculation. Capital growth rates could be lower, interest rates could rise, the property might require capital improvements and so on.I freely acknowledge all these factors. The point I’m trying to make is that if capital growth rates remain the same, which I think is likely given population growth and lower interest rates, then the lower holding costs will lead to better overall investment returns. How much “better” will those returns be? Only time will tell. No one really knows.Low rates can encourage mistakesAsset mispricing is more likely to occur in lower interest rate markets as a result of the inefficient allocation of capital. Put simply, people, businesses and institutions take higher and maybe less diligent risks because the cost of money is so low. This can include overpaying for assets. Relating this to the property market, it is possible that most property prices will rise i.e. good and bad properties alike.And, if lower rates lead to higher values, the reverse can be true also. When rates eventually rise, values can fall, particularly for lower-quality assets that don’t have strong fundamentals.The best way to mitigate these risks (i.e. being caught in an overinflated market) is to level up on quality. This means investing in the highest quality property that your budget will allow. Focusing on quality is vital in all markets, but arguably even more important in a lower interest rate market.What to do nextAs I said above, you should not take this blog as an indicator that I believe everyone should rush out and invest in property. No. I think you should develop your own investment strategy that suits your personal circumstances and risk profile. Then implement that strategy without being too distracted by market conditions.The point of this blog is to point out that maybe the stars have aligned for property investors due to: (1) all-time low property holding costs (2) low interest rates will which likely lead to higher asset values and (3) improved sentiment in the property market will further stimulate price growth. And if your personal strategy includes investing in property, now could be the time to do it. As always, if you have any questions or need any assistance, we are here to help.

Lawsuit-Proofing Your City with Scott Grossberg
Learn What Makes Public Property Dangerous S1:E12

Lawsuit-Proofing Your City with Scott Grossberg

Play Episode Listen Later Jun 11, 2019 7:41


In a world that loves to point blame at public agencies, it’s no wonder that, anytime someone is hurt on public property, they accuse the agency of maintaining a dangerous condition. However, not every incident actually involves a dangerous condition. Sometimes - I know it’s hard to believe - the public just isn’t using reasonable care for their own safety.Worse, predatory lawyers are going to argue that you have needlessly endangered their client.But . . . that’s not the correct standard. So, in this episode we’re going to explore what is and isn’t an actual dangerous condition of public property. That way you’ll know what standards to apply and when we might be able to apply a Design Immunity defense. You’ll get an idea of what you might want to protect your agency against.In this episode: The standard of care for public propertyThe definition of a “dangerous condition”When Design Immunity appliesThe jury instruction that the judge will use at trialTHE FINE PRINT This podcast is for general information only and not intended to be legal advice nor the formation of a lawyer-client relationship. The views, information, and opinions expressed on our podcast are Scott’s and do not necessarily reflect the policy or position of any other person, agency, organization or company. Finally, we know that a few dastardly plaintiff's lawyers will get their hands on this. So . . . let's be clear: Don't even think of using the information in this podcast to sue public agencies because this podcast is not intended nor shall it be construed to give any person any legal or equitable rights, remedies or claims. Music: ”Dangerous" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License http://creativecommons.org/licenses/by/3.0/ lawsuitproofyourcity.com

BiggerPockets Real Estate Podcast
303: Ouch! Brandon & David's 10 Biggest Investing Mistakes (& How to Avoid Them)

BiggerPockets Real Estate Podcast

Play Episode Listen Later Nov 8, 2018 81:00


Are you a little tired of hearing about all the “successes” of real estate investors and wondering how realistic this is in the real world? Well, on today’s show, Brandon and David share the 10 biggest mistakes they’ve made in their investing careers—warts and all!Let’s be honest—real estate isn’t all sunshine and rainbows. Mistakes happen! In this episode, we cover WHY investors often sabotage their own success and what can be done to overcome this! You’ll learn how to avoid massaging your numbers to force a bad deal through, how to guard against getting ripped off by contractors, how to hire the RIGHT team members to help you succeed, and how to fire the wrong ones!We also cover the high cost of analysis paralysis and how to move past it, how to choose the right market for yourself, and the mistake that cost David $5,000—simply because he didn’t understand how inspection periods work in different states. If you want to see the real story behind real estate investing, including the stuff that often isn’t talked about, don’t miss your chance for some authentic, honest transparency from two experienced investors!In This Episode We Cover:A discussion on waiting to start investing because you don’t feel you can do it yetThe pros and cons of doing everything yourselfThe danger of working with the wrong peopleStories of buying the wrong dealHow to avoid not managing people correctlyWhat can happen when you underestimate rehab costsWhy you shouldn’t put too much down on a propertyThe pitfalls of not doing enough market researchAvoiding investing because your state is too expensiveNot rehabbing correctlyAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarsBiggerPockets PodcastBiggerPockets ContractorsBiggerPockets LoansBiggerPockets Analysis ToolsBiggerpockets File PlaceHow to Buy Real Estate & Build Your Portfolio Fast! (“The Stack!”)Books Mentioned in this ShowEgo is the Enemy by Ryan HolidayThe Millionaire Real Estate Agent by Gary KellerThe Book on Estimating Rehab Costs by J. ScottSo Good They Can’t Ignore You by Cal NewportHigh Performance Habits by Brendon BurchardFire Round QuestionsIs there a formula for budgeting for preventative maintenance and repairs.How long does it usually take you to get a unit rented out after purchasing?I am looking for advice and knowledge on how to go about getting into a second deal with all my funds tied up in this duplex currentlyWhat are your screening criteria that you use for weeding out bad deals when you’re looking to BRRRR?Tweetable Topics:“Thinking small is more expensive than failing big.” (Tweet This!)“Find an investor-friendly agent.” (Tweet This!)“Calculators don’t have egos.” (Tweet This!)“The wise investor understands equity equals safety.” (Tweet This!)“Define what you want and work for it until you get it.” (Tweet This!)Connect with Brandon and DavidBrandon’s InstagramBrandon’s BiggerPockets ProfileDavid’s InstagramDavid’s BiggerPockets Profile

Lifetime Cash Flow Through Real Estate Investing
Ep #246 - Bryan Chavis - Buy It, Rent It, Profit

Lifetime Cash Flow Through Real Estate Investing

Play Episode Listen Later Jul 14, 2018 42:00


Here is some of what you will learn: Keys to being a successful asset managerThe importance of understanding your target demographicHow to leverage lower CAP propertiesUnderstanding IRR (Internal Rate of Return)What value add amenities are easy to add to a propertyThe difference between being rich and being wealthyUnderstanding hard systems and soft systemsDiscover the ‘Uber’ of property maintenance appsThe value of defining momentsHow to weather the stormsGetting back 10xHow to set proper expectationsRoadblocks to avoidWhy the demographics should be your main focusOne characteristic every leader should embody To learn more about our guest, please visit: https://www.buyitrentitprofit.com To find out more about partnering or investing in a multifamily deal: Text Partner to 41411 or email Partner@RodKhleif.com  Join us at a Multifamily Bootcamp, visit: http://MultifamilyBootcamp.com Review and Subscribe acquisitions, Bryan Chavis, apartment investing, apartments, appreciation, Assisted Living, broker, brokers, business, cash flow, cashflow, commercial, commercial real estate, CRE, CRE investing, Defaulted paper, Donald Trump, entrepreneur, equity, Eviction, expert, experts, Foreclosure, funding, Hedge fund, investing, investing in real estate, investments, Rod Khleif, Rod Khleif Florida, Rod Khleif Real Estate, Riyad Khleif , manager, mergers, millionaire, multi-family, multifamily, Office, passive income, podcast, private lending, private money, property management, raw land investing, real estate, real estate broker, real estate cashflow, real estate coaching, real estate investing, real estate investor. Investing, REIT, Retail, Robert Kiyosaki, sales, Sales Coach, sales expert, Sales Training, Self Storage, Selling, Senior Living, Shopping Center, Short Sale, Suburban Office, syndication, training, value add, Repositioning assets, multi-family expert, multifamily expert, multi family investing, multifamily training

Lifetime Cash Flow Through Real Estate Investing
Ep #244 - Kerry and Bonnie Staples - From Corporate Executives to 4500 unit Moguls

Lifetime Cash Flow Through Real Estate Investing

Play Episode Listen Later Jul 2, 2018 28:36


Here is some of what you will learn: How passive investing is a solid foundation in Multifamily InvestingWhat type of person is best suited for multifamily investingWhat to learn your first 90 days of real estate investingWhat to sacrifice to see massive gainsThe challenges for starting and the challenges as you growUnique ways to bring value to a propertyThe meaning of “Hard Money”The two biggest mistakes new investors makeLeadership skill: Importance of sharing your visionRod’s “Mutant” skillThe value of making an investment plan To learn more about our guests, please visit: Staplesmultifamily.com To find out more about partnering or investing in a multifamily deal: Text Partner to 41411 or email Partner@RodKhleif.com  Join us at a Multifamily Bootcamp, visit: http://MultifamilyBootcamp.com Review and Subscribe acquisitions, Kerry and Bonnie Staples, apartment investing, apartments, appreciation, Assisted Living, broker, brokers, business, cash flow, cashflow, commercial, commercial real estate, CRE, CRE investing, Defaulted paper, Donald Trump, entrepreneur, equity, Eviction, expert, experts, Foreclosure, funding, Hedge fund, investing, investing in real estate, investments, Rod Khleif, Rod Khleif Florida, Rod Khleif Real Estate, Riyad Khleif , manager, mergers, millionaire, multi-family, multifamily, Office, passive income, podcast, private lending, private money, property management, raw land investing, real estate, real estate broker, real estate cashflow, real estate coaching, real estate investing, real estate investor. Investing, REIT, Retail, Robert Kiyosaki, sales, Sales Coach, sales expert, Sales Training, Self Storage, Selling, Senior Living, Shopping Center, Short Sale, Suburban Office, syndication, training, value add, Repositioning assets, multi-family expert, multifamily expert, multi family investing, multifamily training

BiggerPockets Real Estate Podcast
281: How to Get Your First Deal—An Episode For New Investors With Bill, Jacob, and David!

BiggerPockets Real Estate Podcast

Play Episode Listen Later May 31, 2018 110:52


Your first deal might just be your most important — because it leads to all the rest. That’s why it’s so imperative to study others who have just recently purchased their first deal! So today we’re excited to bring you a mashup episode, in which we sit down with three different investors to hear how they bought their first few investment properties. You’ll hear how Bill went from ex-con to house hacker, how Jacob used some highly creative methods to find his first deals, and how David is building an empire from across the ocean. Don’t miss a moment of this powerful episode!In This Episode We Cover:BillBeing imprisoned for 10 yearsWhat changed in prison for BillStarting your business on the sideHow he ended up investing in real estateWhat went in his head with his first investment propertyThe beauty of keeping expenses lowHaving tiny little stepsJacobJake’s investing pathHow he got into real estateBuying a $25,000 house with a $140 monthly mortgageGoing for the smaller banksInvesting at a very young ageJoining local Facebook pagesHis criteria for finding propertiesDavidDavid’s story and how he got to HawaiiBRRR, OD, and HELOCPaying close to 5 percent on a 10-unit apartmentHaving a great team you can trustHow he built a meet up in HawaiiAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarsBiggerPockets Podcast 277: Building a Six-Figure Family Real Estate Business with Ashley WilsonBiggerPockets Podcast 157: A Simple Morning Ritual to Help You Dominate Every Area of Your Life with Hal ElrodBiggerPockets EventsDad PoweredBrandon’s Instagram ProfileDavid’s Instagram ProfileBooks Mentioned in this ShowThe 21 Irrefutable Laws of Leadership by John C. Maxwell & Steven R. CoveyAwaken the Giant Within by Anthony RobbinsRich Dad Poor Dad by Robert KiyosakiLong-Distance Real Estate Investing by David GreeneThe Ultimate Beginner’s Guide to Real Estate Investing by BiggerPocketsThe Advanced Guide to Real Estate Investing by Ken McElroyHow to Win Friends & Influence People by Dale CarnegieThe Miracle Morning by Hal ElrodThe 80/20 Principle by Richard KochTweetable Topics:“My success story didn’t started when I got out (from prison), it started right away in the very beginning.” (Tweet This!)“Quit the things that are holding you back and have you put in the exact location you are.” (Tweet This!)“Find a market that makes sense.” (Tweet This!)“I want to buy something that is certainly desirable.” (Tweet This!)“Highest risk is vacancy.” (Tweet This!)“Become a person worth being around.” (Tweet This!)“If they’ll like you, they’ll join.” (Tweet This!)Connect with BillBill’s BlogConnect with JacobJacob’s PodcastJacob’s WebsiteConnect with DavidDavid’s BlogDavid’s Instagram ProfileDavid’s Facebook PageDavid’s Youtube Channel

BiggerPockets Real Estate Podcast
267: From Professional Soccer Player to Rental Property Investor with Nat Borchers

BiggerPockets Real Estate Podcast

Play Episode Listen Later Feb 22, 2018 76:02


How does a world-class soccer star set himself up for a lifetime of financial freedom? Rental properties! That’s the story on today’s episode of The BiggerPockets Podcast, where we sit down with Nat “The Beard” Borchersto learn how he built a sizable portfolio of rental properties while traveling the country (and the world!) as a professional athlete. Nat shares his humble “hammer-swinging” beginnings, as well as the systems that today allow him to live a life of freedom while others manage his units. Don’t miss a moment of this powerful and hilarious episode! In This Episode We Cover:Nat’s background as a professional soccer player and his first dealHis current number of propertiesWhat exactly a 1031 exchange isExpert tips for finding dealsHow to use social networking to your advantageSpecifics on a recent dealHow he found great prices just an hour and a half from his areaHow to increase the rentCommercial loans vs. traditional loansSub-metering a propertyThe story behind why he hires property managersHis 28-house portfolio dealAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Money ShowBiggerPockets EventsBiggerPockets 1031 Exchange GuideThe 1031 Exchange Ultimate Guide for Real Estate Investors (blog)BiggerPockets Landlord FormsTrue SubmeterBiggerPockets Podcast 131: Investing in Multifamily Properties in a HOT Real Estate Market with Serge ShukhatAppFolioMindy’s Twitter ProfileMindy’s InstagramBrandon’s Twitter ProfileBrandon’s InstagramBooks Mentioned in this ShowHow to Work a Room by Susan RoAneHow to Win Friends & Influence People by Dale CarnegieBuilt to Last by Jim CollinsThe Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han and Matt MacFarlandDefensive Real Estate Investing by William BronchickThe Compound Effect by Darren HardyThe Lifeonaire by Steve CookFire Round QuestionsWhat questions to ask when choosing a Property Management CompanySomeone who makes you very uneasy!Tenant is subletting on AirBnb, what should I do?Whats YOUR Metrics for Buy and Hold investments?Multi-Family Purchase InspectionTweetable Topics:“Today, you don’t find good deals. You make good deals.” (Tweet This!)“Nothing ventured, nothing gained.” (Tweet This!)Connect with NatNat’s Personal WebsiteNat’s Twitter ProfileNat’s Instagram ProfileNat’s Facebook Page

LGS Property Podcast
The cost of Assumptions in PropertyThe cost of Assumptions in Property

LGS Property Podcast

Play Episode Listen Later Jan 24, 2018 2:20


Find out how accurate refurb costs are essential in working out your profit margins in property.

Jill on Money with Jill Schlesinger
Hot Housing: How to Buy and Sell

Jill on Money with Jill Schlesinger

Play Episode Listen Later Aug 3, 2017 34:06


Prices are up, inventories are down which means the housing market is hot again. It’s not like the crazy days of 2005, but conditions are a bit frenzied. To prepare for what is likely to be the biggest asset purchase or sale you’ll make in life, we turn to Stephen Gasque, host of Real Estate Today, a weekly radio program presented by the National Association of Realtors. Whether you’re a first-time buyer or seller, Steven is full of tips to help you navigate the process. One of the topics we spent some time on is the current inventory crisis and why it’s seemingly harder than ever for potential buyers to get the home they want. Why is the competition among buyers more intense than ever? Some of the other topics we discussed: What are the most common mistakes people make when buying or selling? What’s the most important step for a potential buyer? How to successfully invest in real estate as a rental propertyThe future of mortgage interest deductions Renting versus buyingIf you’re planning on going to an open house this weekend, give this one a listen for some tips that could increase your odds of landing the house before you walk through the front door. “Better Off” is sponsored by Betterment. We love feedback so please leave us a rating or review in iTunes. "Better Off" theme music is by Joel Goodman, www.joelgoodman.com. For a recap of every episode, visit https://www.betterment.com/resources/topics/inside-betterment/better-off-podcast/ Connect with me at these places for all my content: http://www.jillonmoney.com/  https://twitter.com/jillonmoney  https://www.facebook.com/JillonMoney  https://www.instagram.com/jillonmoney/  https://www.youtube.com/c/JillSchlesinger  https://www.linkedin.com/in/jillonmoney/  https://soundcloud.com/jill-schlesinger  http://www.stitcher.com/podcast/jill-on-money  http://betteroffpodcast.com/  https://itunes.apple.com/us/podcast/better-off-jill-schlesinger/id431167790?mt=2

BiggerPockets Real Estate Podcast
212: Buying a 115-Unit Apartment Complex for No Cash Out of Pocket with Brian Murray

BiggerPockets Real Estate Podcast

Play Episode Listen Later Feb 2, 2017 73:32


How much does it cost to buy a large apartment complex? Millions? Think again! On today’s episode of The BiggerPockets Podcast, we’re excited to welcome back Brian Murray to the show. Brian, who was last seen on episode 126, has done some pretty amazing things over the past several years — including purchasing a 115-unit property that cost him nothing out of pocket (and, in fact, he walked out of closing with a massive check!). Whether you are looking to buy one house or a 100-unit property, this podcast will inform, motivate, and inspire you to massive action.In This Episode We Cover:What Brian has been doing since his last episodeThe definition of “value-add” in real estateDifferent ways to add value to a propertyThe story of how he turned an old motel into studio apartmentsHow Brian gets his tenants and the kinds of screening he usesWhy he focuses on keeping rents lowThe location of these rentalsWhy you should consider the “transient work force”Details on how he got this dealA discussion on raising money and working with partnersTips for finding propertiesHow to handle agents and brokersThe story of the 115-unit Section 8 apartment complexHow a HUD contract crushed himWhether you should consider managing a HUD property or notHow Brian sold the property for $3.2 millionHis advice for aspiring investorsAnd SO much more!Links from the ShowBiggerPockets ForumsBP Podcast 126: From 0 to 400+ Units Through Value-Add Investing with Brian MurrayHow I Bought a 115-Unit Apartment Complex with NO CASHPath to PurchaseLoopnetJay Hinrich’s BiggerPockets ProfileBill Gulley’s BiggerPockets ProfilePioneer Woman CookbookBooks Mentioned in this ShowCrushing It in Apartments and Commercial Real Estate by Brian H MurrayThe Book on Rental Property Investing by Brandon TurnerThe Obstacle Is the Way by Ryan HolidayTweetable Topics:“It’s about the journey and I definitely don’t want to feel that I’m lock into something, like some arbitrary number.” (Tweet This!)“You don’t want to take on more debt than you can handle.” (Tweet This!)“If somebody says no, don’t give up. Try somebody else. Keep trying.” (Tweet This!)Connect with BrianBrian’s BiggerPockets ProfileBrian’s LinkedIn Profile

BiggerPockets Real Estate Podcast
156: Lifestyle Engineering Through Commercial, Residential, and Vacation Rentals with Mark Spidell

BiggerPockets Real Estate Podcast

Play Episode Listen Later Jan 7, 2016 59:54


On this episode of the BiggerPockets Podcast, we sit down with Mark Spidell, an investor from the great state of Colorado, to discuss how he uses real estate to engineer his ideal lifestyle! We talk about partnering with family, investing out-of-state, buying small commercial buildings, owning vacation rentals, and much, much more! Not only will this episode entertain and inform you, it will also help you clarify your own investing plan so you can begin engineering your own perfect lifestyle!In This Episode We Cover:How Mark got started through ADUWhy he went the vacation rental routeWhere he currently investsThe benefits of lifestyle-focused investingTips for people with familiesThe qualitative and quantitative parts of his investingWhat he’s learned from his first investmentsHow he weathered the market crashHow he was able to buy more after the crashTips for investing in commercial dealsHow he financed his commercial propertyA commercial banker’s perspective on applying for loanThe difference between commercial and residential financingHow to minimize risk on commercial propertyThe benefits of investing in commercial real estateWhy you should ask for help from attorneys when drawing up leases for commercial propertyThe ins and outs of being a landlord for commercial real estateHow to successfully mix commercial property and vacation rentals in your portfolioHow to find out what you’re good at and figure out which investing path to takeThe art of lifestyle engineeringAnd SO much more!Links from the ShowBiggerPockets’ Rental Property Portfolio TrackerBP Podcast 076: Growing Your Real Estate Company Into a $30 Million Dollar Business with Brian BurkeBiggerPockets WebinarBiggerPockets CalculatorBP Podcast 152: Building Wealth and Passive Income with Rental Properties with Ben Leybovich, Brian Burke, and Serge ShukhatBe a guest on the podcastBooks Mentioned in this ShowRich Dad Poor Dad by Robert T. KiyosakiRich Dad’s CASHFLOW Quadrant by Robert T. KiyosakiSchweser Notes for the 2011 CFA Exam Level 1 Book 3: Financial Reporting and AnalysisTweetable Topics:“Commercial real estate is valued based on the income of the property.” (Tweet This!)“If you want the freedom, real estate could help you, but make sure you are doing it for the right reasons.” (Tweet This!)Connect with MarkMark’s BiggerPockets Profile

BiggerPockets Real Estate Podcast
120: How to Find, Analyze, and Finance an Incredible Real Estate Deal!

BiggerPockets Real Estate Podcast

Play Episode Listen Later Apr 30, 2015 80:35


Today on the BiggerPockets Podcast, we’re changing things up and doing something we’ve never done before!Today we’re bringing you over an hour of actionable advice on exactly how to find real estate deals (even in a hot market,) how to analyze those deals (so you don’t lose money,) and how to finance those deals (even if you have very little cash!)Don’t miss this exciting and totally different show… a taste of our weekly webinar!In This Episode We Cover:A bit about Mr. Brandon Turner and what he does at BiggerPocketsBrandon’s first property- bought when he was 21 years oldHow to find an incredible deal, even in a hot marketUsing direct mail to find dealsTwo methods of using CraigslistUsing the BiggerPockets MarketplaceUsing eviction records to find dealsHow to Analyze Deals, including a demonstration of the BiggerPockets CalculatorsThe top 10 mistakes investors make when analyzing dealsHow to Finance a PropertyThe different types of loans you can useWhat is Seller Financing?Using partnerships to fund dealsHard money vs Private money LendersAnd SO much more!Links from the Show:BiggerPockets WebinarBiggerPockets Webinar Replays (for Pro)Webinar Replay on the most recent show (only until Monday evening)Driving for Dollars Bible (blog post)BiggerPockets MarketplaceLoopNetCostar#AskBP 008: Tragic StoryBiggerPockets Analysis ToolBiggerPockets Keyword AlertsBiggerPockets MeetBiggerPockets ProBP Podcast 052: Buying Apartment Complexes, Raising Millions, and Building a Profitable Business with Ken McElroyBP Podcast 076: Growing Your Real Estate Company Into a $30 Million Dollar Business with Brian BurkeBP Podcast 014 : Cash Flow, Creative Finance, and Life with Ben LeybovichBiggerPockets ForumsBiggerPockets #AskBP PodcastBiggerPockets CalculatorsText to Join the WebinarJust text “bpwebinar” (without the quotations) to 33444 to join this week’s webinarBooks Mentioned in this ShowBrandon Turner’s The Book on Investing in Real Estate with No (and Low) Money DownThe ABCs of Real Estate Investing with Ken McElroyTweetable Topics:“The harder I work, the luckier I seem to get.” (Tweet This!)“The cake is cashflow.” (Tweet This!)“Do your math even better because having money makes you dangerous.” (Tweet This!)“It has nothing to do with intelligence or luck, it has to do with taking action and working hard.” (Tweet This!)Connect with BrandonBrandon’s BiggerPockets Profile

BiggerPockets Real Estate Podcast
119: From Pro Athlete to Pro Real Estate Entrepreneur with Graham Mink

BiggerPockets Real Estate Podcast

Play Episode Listen Later Apr 23, 2015 83:02


On today’s episode of the BiggerPockets Podcast, we are excited to introduce you to Graham Mink, a professional hockey player turned real estate investor from the state of Vermont. Graham shares the story of getting his first deal while traveling the world and his journey since that day. You’ll learn how he turned the lessons gained from house hacking into a profitable business managing tenants, being a real estate agent, and subdividing properties.If you want to invaluable lessons about jumping into real estate investing, scaling your business, the ins and outs of financing your deals — and much more — then take a little time out of your day to hear this inspirational show!In This Episode We Cover:A bit about Graham and his professional hockey careerWhat it’s like to transition from professional sports to real estateHis first property and first tenant, thanks to his father!Details on refinancing a propertyWhat you should know about home equity lines of creditWhat exactly an FHA loan isHow to use house hacking to create incomeDetails on his second dealA discussion about the real estate marketThe ins and outs of finding the property that fits what you want to doHow Graham subdivided a propertyThe role BiggerPockets played Graham’s successHow to execute a seller-financed dealThe pros and cons of getting real estate licenseAnd SO much more!Links from the Show:BiggerPockets is hiring!BiggerPockets Webinar Replays (for Pro)How to “Hack” Your Housing and Get Paid to Live for FreeThe Real Estate Market: How to Analyze and Predict CyclesThe Real Key to Success is Cheating. Here’s How (and Why) To Cheat…BiggerPockets Podcast Show 118 with Grant CardoneBiggerPockets ForumsBiggerPockets CalculatorsBooks Mentioned in this ShowThe Book on Flipping Houses by J ScottBrandon Turner’s The Book on Investing in Real Estate with No (and Low) Money DownLandlording on Auto-Pilot by Mike ButlerThink and Grow Rich by Napoleon HillTweetable Topics:“The one who pumps out slow and steady kind of wins the race.” (Tweet This!)“If you’re not making money, you’re not making money.” (Tweet This!)“Get your license, find a mentor… scrub toilets if you have to.” (Tweet This!)“Walk before you run.” (Tweet This!)“Everybody’s got some kind of advantage.” (Tweet This!)“When you seen an opportunity that you lose, it opens the door for something else.” (Tweet This!)Connect with GrahamGraham’s BiggerPockets ProfileGraham Mink’s Wikipedia PageGraham’s TwitterGraham’s LinkedIn

BiggerPockets Real Estate Podcast
101: From Real Estate Agent to Profitable Landlord with Dawn Brenengen

BiggerPockets Real Estate Podcast

Play Episode Listen Later Dec 18, 2014 64:24


Ever wonder what real estate investing looks like from a real estate agent’s perspective?On today’s episode of the BiggerPockets Podcast, we sit down with Dawn Brenengen, a real estate agent-turned-landlord and discuss how she made the transition into the investing world, as well as her tricks and tips for success as a landlord. Along with important insight into the real estate licensing process, Dawn covers property management, house hacking, and a whole lot more! Listen for advice on finding a great property, handling everyday rental issues and finding that elusive “ideal” tenant. And in case you were wondering when it’s appropriate to bend the “2% Rule” — this episode explores that, too!Whether you have experience as a real estate agent or not, don’t miss this inspiring show!In This Show We Cover:How Dawn got started in real estateThoughts on being a licensed real estate agentThe qualities that make a successful agentA real estate agent’s perspective on what investors are looking forThe 2% rule — and how to know when to bend itImportance characteristics of a great propertyThe process of “house hacking“What you need to know about property managementHow to handle tenant issues with graceThe process of qualifying tenantsDifferent perspectives on owning a homeThe ins and outs of establishing relationships with property managersThe pros and cons of self management versus hiring the job outTenant red flags and finding the ideal tenantPlus MUCH more!Links From the Show:The Real Estate Agent’s Ultimate Guide to Working with InvestorsBrandon’s article on House HackingPodcast Episode with Chris ClothierBP Podcast Show 100Resident ResearchList HubZillowTruliaCraigsListBiggerPockets ForumActiveRainBe a Guest on the PodcastBooks Mentioned in the ShowRich Dad Poor Dad by Robert KiyosakiLean In: Women, Work, and the Will to Lead by Sheryl SandbergI Shouldn’t Be Telling You This by Kate WhiteConnect with DawnDawn’s BiggerPockets ProfileDawn’s FacebookDawn’s LinkedInDawn’s Website

7 Figure Flipping with Bill Allen
HFHQ 11: Take your business to a whole new level with Robert Fragoso

7 Figure Flipping with Bill Allen

Play Episode Listen Later Dec 12, 2013 103:24


How to streamline your house flipping business, get your deals funded and Robert's market predictions for 2014!Robert Fragoso, a hard money lender with Anchor Loans in Southern California, has been in this business for over 20 years, has overseen loans totaling over $1.6 Billion (yes, Billion, with a “B”), and from the more than 5,000 deals he analyzes each year, has his hands in more than 1,500 transactions — per year!. Not only that but this guy is a Master Networker and all around great guy.Today he provides some incredible insights on the real estate investing business. From how money lenders analyze your deals, to the importance of networking in developing your business, Robert goes in to some amazing detail in this, the longest podcast we've ever produced. He even provides some great predictions on where the market will go in 2014.We discuss just about everything you can imagine, and if you've ever wanted to hear a conversation on some high-level investing topics, or just want to get an understanding of how a beginner house flipper can approach a lender, then this is something you need to listen to.And if you like what you hear, be sure to click here to subscribe in iTunes. And while you’re there, why not leave us a review and five-star rating?Show NotesIn this episode we cover:Robert's background in real estate investing and how he developed his business to over $1.6 billion in loans.Keys to hiring and where you can find the best people to learn your systemsRobert's number one goal with his businessHow to work with and qualify contractorsDo's and Don'ts of evaluating properties and how to analyze dealsThe importance of networking, including a recent networking event of Robert's which Justin attendedEffective things to do when attending a networking eventStrategies and practices of a hard money lenderThe first things you should do when you find a dealIn L.A. 38% of all deals are cash deals. Nationwide it is 58%.The #1 trigger word you should never use with lendersThe three things you absolutely should do when evaluating a hard money lenderRobert's number one pet peeve when it comes to writing offersThe things Robert looks for when new house flippers come to him with a dealThe one thing most beginners grossly underestimate with their dealsWhat Robert can offer to house flippers — from 100% financing, gap lending and even running the rehabRobert's analysis of today's Market and where he sees it going in 2014The best time to buy a propertyThe affect of the Affordable Health Care Act on the real estate market and what is means for borrowersFirst EVER House Flipping HQ COMPETITION!!! “STARTING or Taking Your Business to the NEXT Level!” Some more details … Robert and I are putting together an amazing opportunity for you to meet and discuss real estate investing with some of the top people in the game. Here's what you have to do:In the comments section below, write down something specific you will do in the next week to either get your house flipping business started or to take it to the next level. It should be specific, measurable, and actionable.Over the next week Robert and I will review your entries, provide some feedback/suggestions, to make sure you are on the right track and at the end of the week we will pick one of you to join us at an amazing networking event in the private Hyde Lounge at an upcoming Clippers basketball game.Don't over complicate it. The winner will be chosen based on the simplicity of their actionable item and how it will directly help them either begin or improve their business. Oh and you have to actually do what you say you are going to do Help out a Family this Holiday Season!Justin's iTunes charity challenge! Your iTunes ratings and reviews can help a family in need this holiday season. Plus you get a great free gift and amazing resources that Justin uses in his own business. Subscribe, rate and review the podcast and then e-mail me at justin@houseflippinghq.com with your iTunes name!Resources and Links MentionedAnchor LoansRobert's Facebook pageA Gilded Life (Robert's wife's website)House Flipping HQ's Forms ToolkitHFHQ Podcast Episode 5 with Kristi Cirtwill and Evan YoungerHyde Lounge at the Staples CenterThe Department of NumbersMemorable Quotes“The people you do a lot of business with you also have to get along with” ~ Robert Fragoso [Tweet this!]“The systems that you use when you're buying 1 house a year vs. 100's of houses a year are completely different.” ~ Robert Fragoso“The point where you're getting too busy, it's too late — you've already lost efficiency” ~ Robert Fragoso“We qualify our contractors much like we qualify our borrowers” ~ Robert Fragoso“You have to realize that in this business you're either a deal guy or a business guy” ~ Robert Fragoso [Tweet this!]“If this is your business, just like any other business, you have to invest in the tools of that business. You can't be a chef without a stove. You can't be a contractor without a hammer. You can't be a real estate investor without access to the MLS and the right valuation tools.” ~ Robert Fragoso“I love networking as a part of the system to buy more deals.” ~ Robert Fragoso [Tweet this!]“I would rather go out and leverage other people's work product than go out myself” ~ Robert Fragoso“Gone are the days where [you can] make 18% on a deal” ~ Robert Fragoso“We pay 100% of what the property is worth when we buy it. … We are adding value by the work product that we do.” ~ Robert Fragoso“You have to be willing to set up your business in such a manner that you can take off to Hawaii and not worry, and it still continues. If you leave at any point and it stops, then you don't have a business — you're a deal guy.” ~ Robert Fragoso“No agent expects you to buy everything. But when you think you're not going to buy it, get to that answer quickly.” ~ Robert Fragoso“There's always money for a good deal.” ~ Robert Fragoso [Tweet this!]“The good thing about real estate is that you can quantify most of your risk.” ~ Robert Fragoso“[House flipping] beginners grossly underestimate the cost of the rehab.” ~ Robert Fragoso [Tweet this!]“This isn't a business where you gamble. This is a … business with calculated risk. … It is more important to preserve your capital than make more capital.” ~ Robert Fragoso“Buy when the price is lower, not when the interest rates are lower.” ~ Robert Fragoso“Become the expert of your craft” ~ Robert Fragoso [Tweet this!] TranscriptClick here to Read and Download the Transcript for Episode 11Like what you hear?If you’ve found any value or helpful information in the House Flipping HQ Podcast, we’d love to hear about it! Head on over to iTunes and leave us a rating (5 stars would be great!) and review so that others who are interested in starting a house flipping business can find us and get in on the good stuff. Click here to leave a review and rating If you have any questions or comments about this show or it’s contents, please post them in the comments area below and I’ll be happy to answer them!The post HFHQ 11: Take your business to a whole new level with Robert Fragoso appeared first on House Flipping HQ. See acast.com/privacy for privacy and opt-out information.

BiggerPockets Real Estate Podcast
8: Learning to Be a Profitable but Ethical Landlord with Al Williamson

BiggerPockets Real Estate Podcast

Play Episode Listen Later Mar 7, 2013 58:03


Being a Landlord can often be challenging, expensive, and stressful. So, today on the BiggerPockets Podcast we are speaking with Al Williamson, an active BiggerPockets member and inner-city landlord who has decades of experience dealing with tenants in both multifamily and single family rentals. Al is a pro at reducing expenses, increasing income, and dealing with difficult landlording situations – which is why we wanted to sit down with Al today.Before we get to the show, thank you again to everyone who has subscribed in iTunes to help make us one of the top business podcasts in all of iTunes! We’re up to 117 5-Star Reviews so far! Every subscription in iTunes and every review helps us reach more people – so thank you!Read the transcript of episode 08 with Al Williamson here.In Today’s Podcast, We Cover:How Al used a 1031-Exchange to “Trade-Up” to a larger property.Tips for living in a small multifamily and living with tenants.How to avoid being a slumlord in rough areas.Why simply picking up trash can transform your investing.The power of “Patient Equity.”Al’s goal of Not being dependent on the tenants’ rent to pay the bills.Ideas for both increasing income and cutting expenses.Al’s plan to revolutionize income for multifamily properties.How Al used a very small syndication to buy a rental propertyThe biggest challenges for an up-and-coming landlord.What the “Landlord Lid” is – and how to overcome it.How to Invest in Real Estate when you have a full time job AND a busy family life at homeLinks From the Show:[Video] How I Quickly Analyze an Investment PropertyThe BiggerPockets BlogThe BiggerPockets ForumAl’s BiggerPockets Member Blog1031-Exchange ResourcesKickStarter.comBP Podcast Show 3 with Brian BurkeThe National Night OutInsanityP90XBooks Mentioned in the ShowRich Dad Poor DadThe 36 Hour Real Estate Investing CourseJohn MaxwellAl’s Book The Catalytic Landlord – on KindleSerious Creativity by Edward De BonoTweetable Topics:“Landlord tip for improving the neighborhood: Go and meet the neighbors!” (Tweet This!)“Often times things go unresolved because no one is operating as a leader. Are you?” (Tweet This!)“Spend time getting really good with your first investment before branching out.” (Tweet This!)“Sometimes you have to pay your ‘learning tuition’ and lose money when you take risks.” (Tweet This!)“Your real estate investment should be a physical representation of you.” (Tweet This!)“Why are you building wealth? The most successful leaders KNOW this answer.” (Tweet This!)About AlAL Williamson is Civil Engineer and landlord from the Sacramento, California area. Al has invested in real estate since 1996, focusing mostly on multifamily properties in urban areas.Al’s BiggerPockets ProfileAl’s G+ and FacebookAl’s Blog: LeadingLandlord.com