Podcasts about Reia

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Best podcasts about Reia

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Latest podcast episodes about Reia

Real Estate Investing Abundance
REIA 231 Eric Nelson: How to Get Creative with Financing to Expand Our Investment Opportunities

Real Estate Investing Abundance

Play Episode Listen Later Nov 28, 2022 24:51


Eric Nelson is the Founding Principal of Wild Oak Capital. He has been investing in real estate for over ten years and is a real estate coach and the host of the Real Estate Mindset podcast.Main Points:Multifamily financing options Transition from Single Family to Multifamily investingReal Estate MindsetNetworking and RelationshipsConnect With Eric Nelson:eric@wildoakcapital.com+1 (970) 946-5147http://www.wildoakcapital.com https://www.facebook.com/WildOakCapitalhttps://www.instagram.com/wildoakcapital/https://www.linkedin.com/company/wild-oak-capital/https://www.youtube.com/channel/UCZsBHQdLZ1R0jOHSDGoFn0g 

Real Estate Investor Growth Network Podcast
124 - Badass Interview with Adrian Smude

Real Estate Investor Growth Network Podcast

Play Episode Listen Later Nov 28, 2022 43:48


Buy and Rent Mobile Homes with Land Listen in as Jen interviews the Best-Selling author of HOW TO BUY MOBILE HOMES, Adrian Smude.  While financing mobile homes can be riskier, the cash flow can be higher.  Let's face it, the US has a massive shortage of affordable housing.  Mobile homes will always have a larger application pool that brings in predictable cash flow. If you are looking for owner financing, the key is that they know, like, and trust you.  Adrian also shares why it's important the SHUT UP during negotiations with sellers.  If you are thinking about investing in mobile homes with land, this is the episode for you!   Adrian Smude has been investing in real estate since he became an accidental landlord in 2002.  Adrian attempted to invest again, but his second home ended as a short sale. After 11 years of being a hobby landlord, he discovered his passion for real estate through REIA meetings. Adrian switched his investing niche to Mobile Homes with Land and has been following this path ever since. He is a part of 3 masterminds, including a high-level mastermind that he hosts. In addition, he is the Best-Selling author of HOW TO BUY MOBILE HOMES and teaches about his success and failures.   Social Media Links: https://www.facebook.com/LifestyleREI https://www.instagram.com/lifestyle_rei/ Website: https://lifestyle-rei.com/   To learn more about Jen Josey, visit www.TheRealJenJosey.com To join REIGN, visit www.REIGNmastermind.com

Real Estate Investing Abundance
REIA 230 Shmuel Siegel: Pro Broke or go broke

Real Estate Investing Abundance

Play Episode Listen Later Nov 25, 2022 22:39


Shmuel is an established Commercial Real Estate advisor and broker at WESTMAC Commercial Brokerage. His extensive experience in commercial real estate, rigorous military background and inherent business sense adds a level of detail and depth to his role in serving his clients.Main Point:Reality Check Off market? Due DiligenceSecond level thinkingCreative deal making Be ready to go!Connect with Shmuel Siegel:siegel@westmac.comhttp://www.linkedin.com/in/shmuelsiegel+1 (818) 919-2321http://www.westmac.com

REIA Radio
An Intelligent And Strategic Way To Acquire Buyers For Commercial Properties And Clients For Property Management In One Transaction - REIA Radio Episode 68 With Stephen Ward Part 1

REIA Radio

Play Episode Listen Later Nov 24, 2022 90:10


Stephen Ward is a native of Omaha, NE. You'd hear in his story that after graduating college, he got into the health and fitness industry, both in sales and personal training. It was while working in that industry that he found his first mentor, Mike Pettid, who introduced him to idea of Real Estate Investing. Stephen acquired his Realtor's license but quickly grew tired of the traditional Real Estate sales transactions. He wanted more challenging transactions and wanted to deal less with nitpicking homebuyers. He would eventually form his own Real Estate Team and begin pursuing bigger commercial deals in an uncommon way, of which you'll learn about in the episode. Stephen and Owen have a healthy business relationship. Stephen has earned the respect of other investors by his impressive sales and analysis techniques. He claims that his greatest sale was the process of convincing Prisca Gaba-Ward to be his best friend and his wife! Here's Part 1 of REIA Radio's Episode 68!You can Join the Omaha REIA at https://omahareia.com/ Omaha REIA on facebook https://www.facebook.com/groups/OmahaREIA Check out the National REIA https://nationalreia.org/ Find Ted Kaasch at www.tedkaasch.com Owen Dashner on Facebook https://www.facebook.com/owen.dashner Instagram https://www.instagram.com/odawg2424/ Red Ladder Property Solutions www.sellmyhouseinomahafast.com Liquid Lending Solutions www.liquidlendingsolutions.com Owen's Blogs www.otowninvestor.com  www.reiquicktips.com Stephen Ward on FB https://www.facebook.com/wardless Exceptional Properties Group https://epg3.com/about-epg If you like the content on Omaha REIA Radio, Be sure to give us a review on your favorite podcast platform to help others find us and leverage the knowledge and experience our hosts and guests have to offer. We greatly appreciate you for tuning in and see you in the next episode!! 

Real Estate Investing Abundance
REIA 229 Zachary Feldman: Student Housing - Recession Proof With Tailwinds to Boot

Real Estate Investing Abundance

Play Episode Listen Later Nov 24, 2022 23:45


Zach is the Vice President of Development at Aptitude Development, one of the nation's top student housing firms. He spearheads the company's new development efforts focusing on sourcing and underwriting, pre-development/entitlement, capital markets, and investor relations. Prior to joining Aptitude Development Zach launched ENJOI 77 HOLDINGS a real estate investment company specializing in student housing and multifamily investments with over 22 assets in the portfolio and holdings in the tech sector and solar development fields.Outside of work, Zach is focused on The Wildcat Fund, a non-profit organization he co-founded that provides mentorship and college financial aid to students of color from his high school alma mater.Main Point:Getting startedStudent Housing AdavantagesSH DesignWhy being an LP is OKConnect with Zachary:zf@aptitudere.com+1 (781) 789-4354https://www.linkedin.com/in/zacharyrfeldman/

The Freedom Investing Podcast
The Freedom Investing Podcast Episode 22: From Accidental Landlord to Author, Mentor, and Mobile Home Investor w/ Adrian Smude

The Freedom Investing Podcast

Play Episode Listen Later Nov 21, 2022 33:41


In this episode, we talk with Adrian Smude.He  has been investing in real estate since he became an accidental landlord in 2002. Adrian attempted to invest again, but his second home ended as a short sale. After 11 years of being a hobby landlord, he discovered his passion for real estate through REIA meetings. Adrian switched his investing niche to Mobile Homes with Land and has been following this path ever since. He is a part of 3 masterminds, including a high-level mastermind which he hosts. In addition, he is the Best-Selling author of HOW TO BUY MOBILE HOMES and teaches about his success and failures.Join us for our new episode as we explore ways to help you live the life you deserve! Subscribe to my Youtube channel so you never miss an episode! Visit www.freedominvesting.com to see how we can help you!

Real Estate Investing Abundance
REIA 228 Angel Williams: Discovering and Working in your Superpower

Real Estate Investing Abundance

Play Episode Listen Later Nov 21, 2022 21:11


Angel is a Co-Founder of The Academy Presents and a Managing Partner of Lorren Capital, LLC.  She has experience in Single Family rentals, Residential Multi-Family rentals, Multi-Family Syndication, and Oil and Gas investing.  Angel received a Bachelor of Business Administration from Baylor University in 2000 and a Master's of Science in Economics in 2002.Main Point:How to find your superpowerIdentifying your weaknesses and finding team members to cover themWhy you shouldn't waste time working on your weaknessesConnect with Angel:angel@lorrencapital.com+1 (806) 543-0418https://www.linkedin.com/in/angel-williams-re/http://theacademypresents.com/

Real Estate Investing Abundance
REIA 227 Yonah Weiss: 3 Most Effective ways to lower your taxes with real estate investments

Real Estate Investing Abundance

Play Episode Listen Later Nov 18, 2022 23:11


Yonah Weiss is a powerhouse with property owners' tax savings. As Business Director at Madison SPECS, a national Cost Segregation leader, he has assisted clients in saving hundreds of millions of dollars on taxes through cost segregation. He has a background in teaching and a passion for real estate and helping others. He's a real estate investor and host of the top podcast Weiss Advice.Main Points:Cost SegregationBonus DepreciationFailed 1031 ExchangeDepreciation Recapture TaxShort Term Rentals and the special tax loopholeConnect with Yohan Weiss: https://www.linkedin.com/in/cost-segregation-yonah-weiss/+1 (732) 298-9002yweiss@madisonspecs.comhttps://yonahweiss.com

The Freedom Investing Podcast
The Freedom Investing Podcast Episode 21: Nowhere to go but up: IT expert turned Entrepreneur and Investor w/ Nir Wittenberg

The Freedom Investing Podcast

Play Episode Listen Later Nov 17, 2022 30:36


In this episode, we talk with Nir Wittenberg. He started his IT career as a Network Engineer in 2000 attaining some of the industry's highest-level certifications. 15 years into his career he hit the pay ceiling at a modest multiple six-figure salary. However, with a single-income family, inflation, and taxes it was hard to stash enough money away to get his 401k to where it needed it to be for the lifestyle he wanted to live.In 2016 a fellow engineer told him about real estate investing and how he can learn more at the local REIA. That fateful day sent him on a journey he couldn't have ever imagined.He has now been on the Entrepreneur Rollercoaster for 7 years building both Flipping and Wholesale businesses. He ditched that approach after COVID for a less risky one as a Limited Partner in Cash-Flowing Commercial Real Estate Syndications.He shares his wins, losses, and years of experience in real estate with other Tech Professionals to make them think twice about their 401k and/or leaving their job to become a real estate investor.Many retail investors are not aware of the potential gains that can be achieved as a Limited Partner, which can allow you to Invest Passively. Through passive investing (limited partnership), an investor can add income-producing commercial real estate to their portfolio without the need to be hands-on or take on the liability.Join us for our new episode as we explore ways to help you live the life you deserve! Subscribe to my Youtube channel so you never miss an episode! Visit www.freedominvesting.com to see how we can help you!

Real Estate Investing Abundance
REIA 226 Spencer Hilligoss: Plan your legacy. A passive investor's guide for wealth preservations

Real Estate Investing Abundance

Play Episode Listen Later Nov 16, 2022 25:43


Spencer Hilligoss is the CEO & Co-Founder of Madison Investing, a real estate investment firm specializing in real estate syndications. As a passive investor and active syndicator, he understands the unique challenges that busy professionals face when starting out on their REI journey. Spencer's mission is to arm investors with the know-how they need to make confident investment decisions tailored to their individual life goals.Spencer graciously appeared as one of the early guests on my previous podcast.  For a more intimate and in-depth perspective on what makes this accomplished investor and entrepreneur excel, go to episode 15 Creek Side Chats with Successful Real Estate Investors.Main Points:Entrepreneurs are fantastic at building a machine- not so great at preserving their wealth once they retireHow do you think about wealth preservations? Different questions arise.What is enough? A simple word can mean so many things.Connect With Spencer Hilligoss:spencer@madisoninvesting.com+1 (415) 290-0328linkedin.com/in/shilligosshttp://www.madisoninvesting.com

Rental Property Owner & Real Estate Investor Podcast
EP359 Looking Back on 25 Years of Leading the Rental Property Owners Association with Clay Powell

Rental Property Owner & Real Estate Investor Podcast

Play Episode Listen Later Nov 14, 2022 37:41


For almost 25 years, Clay Powell has provided a steady guiding hand as Director of the Rental Property Owners Association. He has led what was, in the beginning, a local mom and pop association to become a nationally recognized nonprofit organization. Under his direction the RPOA advocates for and helps landlords and real estate investors learn the best practices that will propel them to become successful. Now, Clay has announced his retirement, which gives us the perfect opportunity to look back on the challenges and triumphs he's experienced throughout his career with the RPOA. Whether you have an RPOA or REIA in your area, you'll benefit from hearing Clay describe the importance of these associations in helping investors work through local regulations and politics, while educating members on all types of issues and strategies. Clay also shares his personal recollections of the people and investors who have benefited from all the RPOA has to offer. Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

How Did They Do It? Real Estate
SA564 | Mobile Home Investing: The Hidden Niche to Shortcut Your Way to Wealth with Adrian Smude

How Did They Do It? Real Estate

Play Episode Listen Later Nov 14, 2022 26:39


If you know how to play it right, mobile home investing can be one of the fastest routes to achieving your financial goals in real estate. That's why today, we will feature an expert in this niche Adrian Smude, providing valuable insights about its resiliency in times of market downturn, what makes it a cash-flowing investment, and the importance of due diligence and having asset management skills. Stay tuned with us to continue learning from exciting episodes!Key Takeaways to Listen forDifferent ways to invest in mobile homesHow to leverage networking in finding mobile home dealsCosts and returns from mobile home investmentsThings to know about mobile home insurance in FloridaAdvice on keeping good long-term residentsResources Mentioned in This EpisodeGoogleFacebookFailing Forward by John C. Maxwell | Paperback & AudiobookHow to Buy Mobile Homes by Adrian Ansley Smude | PaperbackFree Apartment Syndication Due Diligence Checklist for Passive Investor About Adrian SmudeAdrian Smude has been investing in real estate since he became an accidental landlord in 2002. Adrian attempted to invest again, but his second home ended as a short sale. After 11 years of being a hobby landlord, he discovered his passion for real estate through REIA meetings. Adrian switched his investing niche to Mobile Homes with Land and has been following this path ever since. He is a part of 3 masterminds, including a high-level mastermind that he hosts. In addition, he is the Best-Selling author of HOW TO BUY MOBILE HOMES and teaches about his success and failures. Connect with AdrianWebsite: Adrian SmudeConnect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorsGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams.

Real Estate Investing Abundance
REIA 225 K Trevor Thompson: Passive Investor to Active Investor

Real Estate Investing Abundance

Play Episode Listen Later Nov 14, 2022 22:02


K Trevor Thompson is an accredited investor based in Austin TX.  He has participated in 15 syndications as a limited partner and 3 as a general partner.  Over the past few years, Trevor has become deeply passionate about Real Estate Investing.  After several years of learning about investing from the limited partner perspective, he has now switched his investment strategy to the general partner active side as Asset Manager and boots-on-the-ground syndicator.Main Points: How to find a great passive investment How can you set yourself up to Earn and Learn Helping out as a Limited PartnerWhy go from Passive to ActiveWhat is my Why Connect with Sohail:ktt@niagara-investments.com+1 (512) 887-4970https://www.niagara-investments.com/https://www.linkedin.com/in/ktrevorthompson/

Real Estate Investing Abundance
REIA 224 Wesley Yates: Navigating the trenches of CREI

Real Estate Investing Abundance

Play Episode Listen Later Nov 11, 2022 23:49


In November of 2020, Wesley co-founded VFR Capital Investments, a multifamily syndication company that is owned and operated by a team of Veterans and First Responders. Wesley serves as the CEO and has led his team in growing their portfolio from 0 to 862 units estimated at $70.2MM in assets under management.Main Points:How I got started in syndicationFailing my way forwardBuilding the right path for meLooking ahead to the next battle fieldConnect With Wesley Yates:wesley@vfrcapitalinvestments.com903-279-1310http://vfrcapitalinvestments.comhttps://www.facebook.com/wesley.yates.35https://www.linkedin.com/in/wesley-yates-98aa5196/

Real Estate Investing Abundance
REIA 223 Matt Jones: Choosing the Best Real Estate Asset Segment

Real Estate Investing Abundance

Play Episode Listen Later Nov 9, 2022 21:38


Matt Jones of Hawkwing Capital syndicates multifamily and assisted living value-add properties. He wrote the book called Book About Real Estate, and loves helping new investors get on the right track with real estate.Main Points:I started with small multifamily until I realized that my limiting beliefs kept me from scaling up to the big stuff. How did I overcome my limiting beliefs so I could start going big?Since there are so many ways to invest in real estate, how can someone choose the right one for them?Why did I choose large multifamily and assisted living?What are the three keys to finding success in real estate?Connect with Matt: www.hawkwingcapital.commatt@hawkwingcapital.comwww.facebook.com/HawkwingCapitalwww.linkedin.com/in/matt-jones-mn/www.youtube.com/channel/UCkg8HggkdPAuBaAQySJSEQQ+1 (612) 520-1332

REIA Radio
"The Foreclosures Are Coming": Buying Foreclosures, Mentoring Children And Some Crazy Investment Stories - REIA Radio Episode 67 With Jay Kathol And Ashley Wells

REIA Radio

Play Episode Listen Later Nov 9, 2022 112:01


Jay and Ashley are REIA Radio's next guests. Jay and Owen know each other very well, which Owen details in the intro of the podcast. Jay and Ashley are life partners and real estate partners... isn't it great to do what you love with the one you love? They share stories about buying foreclosed properties at the auction and how some of the more seasoned investors try to scare off newer ones. From the stories most can conclude that Jay and Ashley are really nice people. Jay has been a part of a mentoring program which tested his commitment to staying true to his values during the pandemic, a story he details in the interview. You'll also hear that Jay doesn't talk much about his accomplishments, which Owen highlights in the intro. Jay seems to be that humble guy who's almost always never satisfied with his growth and would never brag about himself but will always uplift the people around him, especially Ashley. A different format to today's podcast, but a nice dynamic nevertheless. Here's Episode 67!You can Join the Omaha REIA at https://omahareia.com/ Omaha REIA on facebook https://www.facebook.com/groups/OmahaREIA Check out the National REIA https://nationalreia.org/ Find Ted Kaasch at www.tedkaasch.com Owen Dashner on Facebook https://www.facebook.com/owen.dashner Instagram https://www.instagram.com/odawg2424/ Red Ladder Property Solutions www.sellmyhouseinomahafast.com Liquid Lending Solutions www.liquidlendingsolutions.com Owen's Blogs www.otowninvestor.com  www.reiquicktips.com Jay Kathol on FB https://www.facebook.com/jay.kathol Ashley Wells on FB https://www.facebook.com/ashley.jacksonwells If you like the content on Omaha REIA Radio, Be sure to give us a review on your favorite podcast platform to help others find us and leverage the knowledge and experience our hosts and guests have to offer. We greatly appreciate you for tuning in and see you in the next episode!! 

Real Estate Investing Abundance
REIA 222 Sohail Hassan: Blockchain and the Evolution of the Real Estate Market with Sohail Hassan

Real Estate Investing Abundance

Play Episode Listen Later Nov 7, 2022 29:00


Multifamily Real Estate Developer & Managing Partner at MarketSpace Capital with extensive experience working in Energy, Technology, and Commercial Real Estate.Main Points: What is blockchain technology and how is it being applied to real estate?How is tokenization different from a typical investment into real estate? What problems can tokenization solve?What are the benefits to sponsors who are using tokenization?What is the future outlook for real estate tokenization? Connect with Sohail:                                                                      sohail@marketspacecapital.comlinkedin.com/in/sohailhassan+1 (281) 948-3199http://www.MarketSpaceCapital.com

Diary of an Apartment Investor
ATE - Real Estate Licenses & Creative Financing With Bill Ham & David Perez

Diary of an Apartment Investor

Play Episode Listen Later Nov 7, 2022 39:30


Bill Ham & David Perez discuss the "ins and outs" of having a real estate license and what doors may or may not open to you.  Join our multifamily investing community for FREE for in-depth courses and live networking with like-minded apartment investors at the Tribe of TitansLink to subscribe to YouTube channel: https://tinyurl.com/SubYouTubeDiaryPodcastApple Podcasts: https://tinyurl.com/AppleDiaryPodcast Spotify: https://tinyurl.com/SpotDiaryPodcast Google Podcasts: https://tinyurl.com/GoogleDiaryPodcast Follow us on:Facebook: https://www.facebook.com/DiaryAptInv/ Twitter: https://twitter.com/Diary_Apt_Inv Instagram: https://www.instagram.com/diary_of_an_apartment_investor This episode originally aired on November 7, 2022----Your host, Brian Briscoe, has been a general partner in 655 units worth $50 million and has been lead sponsor, asset manager, capital raiser, and key principal on these properties. He has developed a multifamily education community called the Tribe of Titans that helps aspiring investors learn the game, network with other like-minded professionals, and get their apartment investing business to the next level. He is founder of Streamline Capital Group, which will continue to acquire multifamily assets well into the future. He retired as a Lieutenant Colonel in the United States Marine Corps in 2021.Connect with him on LinkedIn----Bill HamBill is the author of Creative Cash, The Complete Guide to Master Lease Options and Seller Financing for Investing in Real Estate. The book provides an in -depth approach to using creative financing techniques and shares stories of how Bill closed on his first 400 units without working with a bank or qualifying for a loan. Outside of being a published author, Bill also the Chief Operating Officer at Broadwell  Property Group, the owner/operator of Phoenix Residential Group and Phoenix Residential Management and a Deal Expert Coach for Jake & Gino. In his over 15 years of experience working with the great companies he has created a portfolio of over 1000 units while growing Phoenix Management to a team of 15 staff members. He has taught real estate for the past 6 years and has dozens of highly successful students. Learn more about him at:https://amzn.to/3haYiNzreal estate raw group on Facebookhttps://bit.ly/3DGCHEm----David PerezBoth my parents are in real estate in California and I had been trying to buy more property but never did until I got married and my amazing wife gave me the confidence to shift my investing career into the next gear. Ee visited Greenville SC summer of 2021. November I found a portfolio; December won the contract and January loaded up the car and drove up. Since then still trying to close ; had a partner try to steal our deal; my lender switched me from 85% LTV to 60% LTV 2 days before closing; assigned contract to some one we met through the local REIA which fell through and racked up $100k in debt from appraisals and deposit. Learn more about him at: david@goldstromventures.com IG: @goldstromventures

Real Estate Investing Abundance
REIA 221 Mike Zlotnik: Raise Private Money, Syndicate Deals, and Create a Real Estate Investment Fund

Real Estate Investing Abundance

Play Episode Listen Later Nov 4, 2022 29:04


Mike Zlotnik, Better known in real estate circles as “Big Mike” due to his stature, but more importantly, he is known for his personal integrity and for having a keen understanding of the financial aspects of successful real estate investing. Mike has a depth of expert knowledge in the Pandemic created investment opportunities in real estate; what's “hot” and what's “cold” and where things are trending now.Main Points:Investment Opportunities Amid the COVID-19 Crisis: Conversion of Hotels to Affordable Multifamily Adding Value to Real Estate Investments to Maximize Risk-adjusted ROI Staying Ahead of the Curve: A Look Into the Future of the Real Estate Investment Market Building a Diversified Portfolio for Growth in the Post COVID World Effective Strategies for Raising Private Funds The Secret to Locating and Investing in the The Best Real Estate Funds Top 10 Questions to Ask Before Investing Into Any Fund or Syndication Connect With Mike:bigmikefund.com to schedule a one-on-one call.mike@tempofunding.comhttps://tempofunding.com/

REIA Radio
Going All In On Short Term Rental, Saving Lives As A Firefighter And Creating Mass Casualty Emergency Kits - REIA Radio Episode 66 With Dustin Talacko

REIA Radio

Play Episode Listen Later Nov 3, 2022 112:07


Dustin's accolades are too long for the Title of this podcast. He's like Ted where he's done just about every job in Omaha. Dustin and Ted were both business associates in a previous life which Ted details early in the podcast. Owen describes him perfectly "he's just a good guy". The things Dustin has done outside of firefighting - which, take nothing away from it, is a service only few are capable of providing - include Boxing and training young boxers, Fund raising for charities and creating mass casualty kits in the case of an emergency situation. Dustin goes into detail and you can hear the passion in the way he speaks about these kits, so much so that you can tell it's a big part of his why. Dustin has 3 short term rental properties and has a plan to acquire 10 in 10 years. A humble human with a passion for saving lives and protecting his family and by extension his community, here's REIA Radio's 66th guest, Dustin Talacko! You can Join the Omaha REIA at https://omahareia.com/ Omaha REIA on facebook https://www.facebook.com/groups/OmahaREIA Check out the National REIA https://nationalreia.org/ Find Ted Kaasch at www.tedkaasch.com Owen Dashner on Facebook https://www.facebook.com/owen.dashner Instagram https://www.instagram.com/odawg2424/ Red Ladder Property Solutions www.sellmyhouseinomahafast.com Liquid Lending Solutions www.liquidlendingsolutions.com Owen's Blogs www.otowninvestor.com  www.reiquicktips.com Ryan Miller's Episode https://podcasts.apple.com/us/podcast/reia-radio/id1582763673?i=1000577941638 Dustin Talacko on FB https://www.facebook.com/dustin.talacko Talacko Safety Solutions https://talackosafetysolutions.com/?fbclid=IwAR1Mhfef7ifb8fsXROA68yQSOydk4SnPS-KBShY1QJ5Se4oKuFHRzNo7G9o If you like the content on Omaha REIA Radio, Be sure to give us a review on your favorite podcast platform to help others find us and leverage the knowledge and experience our hosts and guests have to offer. We greatly appreciate you for tuning in and see you in the next episode!! 

Real Estate Investing Abundance
REIA 220 Logan Hartle: Prospecting For Business - Why Old School Still Works

Real Estate Investing Abundance

Play Episode Listen Later Nov 2, 2022 23:26


Logan Hartle is an industrial real estate broker and investor. He achieved his industrial engineering degree from West Virginia University. After school, he spent 10 years in the manufacturing sector. The last 5 years  of that tenure, he owned his own manufacturing company. Since selling his manufacturing company, he has been helping investors buy and sell industrial investment properties.Main Points: What is prospecting Different Methods (cold calling, email, text, linkedIn)Setting Habit based goalsFilling the PipelineFortune is in the follow up Connect with Logan Hartle:loganhartle1@gmail.comhttps://www.instagram.com/logan.hartle/https://www.youtube.com/channel/UCnX68jfMnRRDTfqWgaXlAMg/videoshttp://www.thehartlegroup.com704-275-3375

Real Estate Investing Abundance
REIA 219 Neal Bawa: Times They are a Changing - What's in store for real estate?

Real Estate Investing Abundance

Play Episode Listen Later Oct 30, 2022 28:51


Neal Bawa, is the CEO/ Founder at Grocapitus a data-driven commercial real estate investment company. Grocapitus acquires and builds multifamily & commercial properties across the U.S. with holdings that span multiple projects.  Neal also serves as CEO at MultifamilyU, a real estate investing Education Company.Main Points:USA hegemony – Will it prevail?What's in store for the world as conflict with Russia and China heats up?What about energy?Connect with Neal:neal@grocapitus.comneal@finatt.com(408) 290-4136http://www.neilbawa.com/   www.Grocapitus.com   www.MultifamilyU.com  

Real Estate Investing Abundance
REIA 218 Eddie Speed: Tax Strategies for Property Sellers that are Small-Time Landlords

Real Estate Investing Abundance

Play Episode Listen Later Oct 28, 2022 23:10


Eddie is a real estate investor, author, highly sought after consultant, speaker, and expert panelist on the topic of note investing and creative deal making.  Eddie is the nation's most experienced private real estate note buyer. Over the past 40 years, he's closed over 50,000 Private Mortgage Note deals totaling over $500 million dollars. Through his company NoteSchool, he has also trained over 10,000 real estate investors across the US and world.Main Points:I specialize in seller financing and helping real estate investors acquire properties particularly from landlords that are wanting to use tax strategies in order to sell their property.We have been active in buying non-performing notes in various cycles and we are facing an upcoming incredible opportunity with non-performing notes with about $2M loans that are currently not paying.Connect With Eddie Speed:eddie@noteschool.com+1 (121)-4415 1499https://www.linkedin.com/in/eddiespeed/https://noteschool.com/

Real Estate Investing Abundance
REIA 217 JM Ryerson: Show Up As You

Real Estate Investing Abundance

Play Episode Listen Later Oct 26, 2022 24:44


JM is an Author, Mindset Coach and host of Let's Go Win podcast who has been building companies and leading sales teams for over 20 years. JM is the co-founder and CEO of Let's Go Win whose mission is to increase leadership, enhance culture and help teams achieve peak performance. JM is an Author, Mindset Coach and host of Let's Go Win podcast who has been building companies and leading sales teams for over 20 years. JM is the co-founder and CEO of Let's Go Win whose mission is to increase leadership, enhance culture and help teams achieve peak performance.Main Points:Winning is a mindset, not a result.How to empower and inspire your team.Tips on overcoming self-limiting beliefs.Leadership qualities you must have.Signs you're not living your best life and how to improveConnect with JM:jm@letsgowin.com+1 (916) 261-3233http://www.letsgowin.comGo buy the Let's Go Win- Keys to Living Your Best Life book at Amazon or at letsgowin.com

REIA Radio
A Total 180 Transformation Story: From Drug Addiction To Reformed Real Estate Investor Helping People In Recovery Stay Sober - REIA Radio Episode 65 With Ron Kendall

REIA Radio

Play Episode Listen Later Oct 26, 2022 109:24


You know that story that just makes you go “Wow…”, yeah, this is one of those. The reformed real estate investor, Ron Kendall is a rockstar! Officially holding the title of number 4 best Airbnb in the entire of Omaha Nebraska and surrounding areas, Ron's Airbnb has a perfect, 110 5 star reviews. If you want a story that makes you take a hard look at yourself, your problems and make you realize that it's not too late, his story is it. Ron gets into his life being a drug addict and alcoholic in depth as Owen gets deep with his questions. And Ron doesn't hold back. His honesty and openness in this podcast is literally the same person in real life. Ron's failing forward highlights a couple of issues that some newer flippers, who also work full time, can encounter due to length of rehab time and the people you hire. Even if it seems like money is being saved by doing most of the rehab yourself, you sometimes need to know when to bring in someone who can produce good quality results in a shorter time period. Episode 65, Ron Kendall, let's go!Airbnb Story - 23:15Househack Backstory - 41:59Addiction Story - 47:21Sober Living Houses - 55:19The Good and Bad with SLH - 1:00:26Entry into Real Estate - 1:05:52Failing Forward - 1:12:22What if Airbnb Goes away? - 1:16:37Looking Forward - 1:21:22Ron's Portfolio - 1:28:10 Mentorship - 1:33:01 OT - 1:36:05 You can Join the Omaha REIA at https://omahareia.com/ Omaha REIA on facebook https://www.facebook.com/groups/OmahaREIA Check out the National REIA https://nationalreia.org/ Find Ted Kaasch at www.tedkaasch.com Owen Dashner on Facebook https://www.facebook.com/owen.dashner Instagram https://www.instagram.com/odawg2424/ Red Ladder Property Solutions www.sellmyhouseinomahafast.com Liquid Lending Solutions www.liquidlendingsolutions.com Owen's Blogs www.otowninvestor.com  www.reiquicktips.com Ron Kendall on FB https://www.facebook.com/ron.kendall.1291 Ryan Basye Episode https://podcasts.apple.com/us/podcast/reia-radio/id1582763673?i=1000555048330 If you like the content on Omaha REIA Radio, Be sure to give us a review on your favorite podcast platform to help others find us and leverage the knowledge and experience our hosts and guests have to offer. We greatly appreciate you for tuning in and see you in the next episode!! 

Real Estate Investing Abundance
REIA 216 Jeff Lerman: Joint Ventures: The Cheapest, Easiest, Fastest And Safest Alternative To Syndications

Real Estate Investing Abundance

Play Episode Listen Later Oct 24, 2022 26:26


Jeff Lerman is an unusual lawyer.  He is recognized nationwide as “The Real Estate Investor's Lawyer”® and he is also a real estate investor.  His clients tell him they hire him because he understands their business and uses his investing experience to craft more practical, creative, and effective solutions.  His law firm helps investors nationwide with all their real estate transactions.  For California investors, he helps with litigation.  Jeff has been featured on TV, radio, in publications, and in real estate investment clubs.  His credentials include being President of the Marin County Bar Association and being included in Northern California Super Lawyers® the top 5% cream of the crop.Main Points:I got started in real estate when my wife sent my law profile to a real estate firm.  I had no prior experience.  I had one meeting with the law firm, and I got a phone call from the firm's top lawyer who had his own real estate company with a billion-dollar portfolio.  He hired me as his General Counsel...with no experience.  Don't assume you need experience before you get into real estate investing.Why this is so important for all investors, no matter if you are just getting started or if you have been investing for decades.The biggest problem with syndication (even though our law firm helps investors to set up their syndication).Why I believe JVs are the cheapest, easiest, fastest and safest way to build your portfolio.How to find a JV partnerConnect with Jeff:Go to Jeff's website to receive your Free Gift exclusively for our Enlightened investors: "17 Steps to a Successful Joint Venture" and "12 Warning Signs You're Headed for a Lawsuit with your Partner".jeff@lermanlaw.comhttps://www.RealEstateInvestorLaw.com+1 (415) 595-9090

Real Estate Investing Abundance
REIA 215 Adam Craig: From residential rentals to commercial redevelopment - living investor dream

Real Estate Investing Abundance

Play Episode Listen Later Oct 21, 2022 19:44


Adam is the founding member of CLE Real Estate Group, a real estate investment company located just outside Cleveland, OH. After earning a B.A. in finance from Kent State University, Adam began to peruse his passion for real estate investing. Since 2013, Adam has closed more than 70 deals and accumulated a rental portfolio topping 8 million dollars in residential and commercial real estate. The key to ​Adam's success is a genuine passion and enthusiasm for real estate investing.Main Points:I grew up caddying at a golf course that helped shape my views on the world and what I hope to achieve Hiring contractors and things to look forThe difference between residential and commercial real estate investingManaging work and family and finding the right balanceThe importance of networking and how it has helped evolve my careerConnect with Chris:adam@clerealestategroup.com+1 (440) 223-5660http://www.cleinvest.com

REIA Radio
Golden Nuggets From Some Greats, Creatively Funding A Million Dollar House Hack And Some Expert Guidance From Seasoned Authors - REIA Radio Episode 64 BPCON Shorts Part 4

REIA Radio

Play Episode Listen Later Oct 20, 2022 20:00


Part 4 of BPCON Shorts ends this fun series with a bang! Brian Murray is known for his expertise and knowledge of multifamily and mobile home park Investing. He's the author of Crushing It In Apartments and Real Estate and co-wrote The Multifamily Millionaire Vol. 1 & 2 alongside Brandon Turner. He's also the Co-Founder and Key Principal of Open Door Capital. Brian quickly talks about his portfolio and what he's excited about in his business in the upcoming years. Next is Eve Pederson who's looking to acquire a 4 plex in Huntington Beach, CA that she's going to house hack. She shares some numbers and a very creative way of acquiring the capital needed to take down a $1.7M deal. REIA Radio's Episode 39 guest, Sarah Weaver, talks about the book she co-wrote with Zeona McIntyre titled The 30-Day Stay. They share how to choose your property manager, how to underwrite deals and how the process of writing the book was. Last but certainly not least, we have The Mindy Jensen. For those that don't know Mindy, check out the BiggerPockets Money Podcast and you'll understand why she's such a big deal and why we love her! She shares insights about her new book First Time Homebuyer that she co-wrote with Scott Trench, as well as so much golden nuggets! Listeners... From the multimillionaire to the aspiring investor with $70k of student loan debt, that's the real benefit of these conferences... the connections, the business opportunities that can come out of it with proper follow up systems and the possibilities of having a life changing experience or conversation. Everyone who comes to these events knows that it's worth every penny invested!  You can Join the Omaha REIA at https://omahareia.com/ Omaha REIA on facebook https://www.facebook.com/groups/OmahaREIA Check out the National REIA https://nationalreia.org/ Find Ted Kaasch at www.tedkaasch.com Owen Dashner on Facebook https://www.facebook.com/owen.dashner Instagram https://www.instagram.com/odawg2424/ Red Ladder Property Solutions www.sellmyhouseinomahafast.com Liquid Lending Solutions www.liquidlendingsolutions.com Owen's Blogs www.otowninvestor.com www.reiquicktips.com Brian Murray https://www.instagram.com/crushingitbrian/ Eve Pederson https://www.instagram.com/evepederson/ Sarah Weaver https://www.instagram.com/sarahdweaver/ Zeona McIntyre https://www.instagram.com/zeonamcintyre/ Mindy Jensen https://www.instagram.com/mindyatbp/ If you like the content on Omaha REIA Radio, Be sure to give us a review on your favorite podcast platform to help others find us and leverage the knowledge and experience our hosts and guests have to offer. We greatly appreciate you for tuning in and see you in the next episode!! 

Real Estate Investing Abundance
REIA 214 Raphael Collazo: The Wonderful World of Retail Real Estate Investing

Real Estate Investing Abundance

Play Episode Listen Later Oct 19, 2022 26:49


Raphael Collazo is a Commercial Real Estate Agent, Author, Real Estate Investor & Recovering Engineer.  He is the host of The Commercial Real Estate Academy and the Sponsor of the Commercial Real Estate 101meet-up.Main Points:How To Transition Careers (Engineering To Brokerage)How To Build Your Personal & Professional Brand (Digital Marketing)How To Analyze Retail Investment OpportunitiesHow To Write & Promote a Book (Promote Your Business)How To Start & Grow a Podcast (Commercial RE Specific)How To Navigate The Process of Buying and/or Leasing CREConnect with Raphael:raphael@grisantigroup.comhttps://www.linkedin.com/in/raphaelcollazo/+1 (502) 536-7315http://www.raphaelcollazo.comThe Commercial Real Estate Academy

REIA Radio
Chatting With David Greene's Partner, A Realtor/Investor/Soon-To-Be Podcaster, A Private Money Lender Who Sees Where The Money Is Going And Investors Who've Learned How To Navigate The System - REIA Radio Episode 63 BPCON Shorts Part 3

REIA Radio

Play Episode Listen Later Oct 18, 2022 27:10


The third installment of BPCON Shorts highlights a couple of Real Estate agents, a private money lending company and  two not so rookie investors out of Texas. Lindsey Iskierka is the Lead Real Estate Agent and David Greene's Partner for The David Greene Team SoCal. She shares how she and David became partners, how she got started in real estate investing and the benefits of working with an investment friendly realtor as well as other tips. Next on the list is Brandon Just, a Realtor and Investor out of Oklahoma City, Oklahoma. Brandon talks a little bit about the type of investing he does, but he also also mentions his interest in starting a podcast that's hyper local and gives out-of-state investors a great insight into the market there. River Sava works as a prospector for a private lending company called Easy Street Capital (ESC). She talks about the different types of loans ESC provides as well as a quick golden nugget of a good market to invest in. Lastly, we have Margaret Perry and Lindsay Rojas, two partners out of Marshall Texas. This is their second BPCON and they share a couple of tips on icebreakers to get a conversation rolling to create a possible connection, as well as a golden nugget on creatively finding an absentee owner of a property in information restricted states like Texas. BPCON Shorts Part 3 is live! You can Join the Omaha REIA at https://omahareia.com/ Omaha REIA on facebook https://www.facebook.com/groups/OmahaREIA Check out the National REIA https://nationalreia.org/ Find Ted Kaasch at www.tedkaasch.com Owen Dashner on Facebook https://www.facebook.com/owen.dashner Instagram https://www.instagram.com/odawg2424/ Red Ladder Property Solutions www.sellmyhouseinomahafast.com Liquid Lending Solutions www.liquidlendingsolutions.com Owen's Blogs www.otowninvestor.com www.reiquicktips.com Lindsey Iskierka https://www.instagram.com/lindseyiskierkarealtor/ Brandon Just https://www.facebook.com/brandon.just.9 River Sava https://www.instagram.com/riversavaesc/ Margaret Perry https://www.instagram.com/margaret.w.perry/ Lindsay Rojas https://www.instagram.com/lindsay.rojas2012/ If you like the content on Omaha REIA Radio, Be sure to give us a review on your favorite podcast platform to help others find us and leverage the knowledge and experience our hosts and guests have to offer. We greatly appreciate you for tuning in and see you in the next episode!! 

Real Estate Investing Abundance
REIA 213 Chris Grenzig: Building a $500m real estate company from the ground up

Real Estate Investing Abundance

Play Episode Listen Later Oct 17, 2022 20:34


Chris Grenzig is the founder of JAG Capital Partners, a vertically integrated multifamily investment firm based out of Jacksonville, FL. JAG has 6 properties totaling more than $25m in value and worked on a portfolio of more than $300m in his previous work at Toro Real Estate Partners. Main Points:Working for a company for 4.5 years and the experience/knowledge gained thereDeciding to leave that job and go off on my ownMoving from NY to FL to build out a vertically integrated company with no prior property management or construction management experienceBuilding out a 10 year vision to scale to $500m in assets under management Connect with Chris:chris@jag-communities.comhttps://www.linkedin.com/in/chris-grenzig/+1 (631) 974-0634http://jagcapitalpartners.com

REIA Radio
Multi-Million Dollar Flips In Maui, Owen's Reminiscing Moment And More Testimonies Of BPCON's Networking Opportunities - REIA Radio Episode 62 BPCON Shorts Part 2

REIA Radio

Play Episode Listen Later Oct 17, 2022 23:25


BPCON Shorts Part 2 of 4 features Indar Lange, Darian & Keron, Zosia Madden and Chase Ingram. Indar Lange runs 7 companies including the largest flipping business in Maui having done over $130M, a nationwide wholesaling company, a rental company with over 150 units... just to name a few. He quickly shares some thoughts on what people like him look for at Real Estate Conferences like BPCON22 amongst other fun tips and stories. Darian & Keron are investors hailing from Georgia and Connecticut respectively. Darian has an 8 unit portfolio and wants to double his portfolio next year so he's about to get into the multifamily game. Keron has 4 STR units that he acquired in a year and is fired up and ready to scale his business. The two met through a mutual friend at another networking event... again showing the power of networking. Zosia Madden is the People and Culture Manager at BiggerPockets. She talks about the benefits of attending networking conferences like BPCON, the size of the company and when people can apply to be a part of the BiggerPockets team. Lastly, Owen speaks to a younger version of himself, Chase Ingram. The two share the same number of children with the youngest child also sharing the same name. Chase works a W2 and has flipped 72 houses in the last 2 years. Check out the show notes below for links to each of the guest's social media pages. Here's Episode 62: BPCON Shorts Part 2!You can Join the Omaha REIA at https://omahareia.com/ Omaha REIA on facebook https://www.facebook.com/groups/OmahaREIA Check out the National REIA https://nationalreia.org/ Find Ted Kaasch at www.tedkaasch.com Owen Dashner on Facebook https://www.facebook.com/owen.dashner Instagram https://www.instagram.com/odawg2424/ Red Ladder Property Solutions www.sellmyhouseinomahafast.com Liquid Lending Solutions www.liquidlendingsolutions.com Owen's Blogs www.otowninvestor.com www.reiquicktips.com Indar Lange https://www.instagram.com/indarhawaii/ Darian Richardson https://www.instagram.com/i_am_d.richardson/ Keron Bryce https://www.instagram.com/keronspoony/ Zosia Madden https://www.instagram.com/zosiamadden/ Chase Ingram https://www.instagram.com/realestate_chase/ If you like the content on Omaha REIA Radio, Be sure to give us a review on your favorite podcast platform to help others find us and leverage the knowledge and experience our hosts and guests have to offer. We greatly appreciate you for tuning in and see you in the next episode!! 

REIA Radio
Tips On Growing Your Social Media Presence, Inbound Marketing Strategies, Ways To Network At Conferences And An Embarrassing Life Lesson- REIA Radio Episode 61 BPCON Shorts Part 1

REIA Radio

Play Episode Listen Later Oct 16, 2022 30:02


Welcome to the BPCON Shorts,  a series of 4 Episodes that give you insight into some of the country's lesser popular investors who are making a serious killing in the Real Estate Investment space, as well as the newer investors who talk about their investments and their experiences at the BiggerPockets Conference 2022, BPCON22. Owen conducted a total of 17 interviews over two days, and this was after a full day of classes, networking, interviewing Brandon Turner and Megan Ahern, and other late night convos over old fashions! In this episode, we feature Alex Camacho, a flipper and recent multifamily investor who hails from LA and Maui and is a very active social media influencer primarily on IG and Tik-Tok @alexcamachotv. Then, we have Richard (who has a very interesting last name) who gives us an embarrassing real estate story but one that we can learn to avoid in the future, followed by 3 newer investors Sinachi, Joshua and Farah, 3 strangers who met at BPCON22 and became acquaintances and possibly friends - this shows us how powerful going to conferences like these can help you grow your network and make connections with fellow investors all over the world - and last but not least, we have Russell Brazil, another social media influencer who leverages his posts on BiggerPockets.com to help generate inbound marketing leads that statistically outperform traditional marketing campaigns. We close off the episode with a chat between Owen and Ted discussing the day and what they were looking forward to. So here's Episode 61: BPCON Shorts Part 1 of 4! Let's go!You can Join the Omaha REIA at https://omahareia.com/ Omaha REIA on facebook https://www.facebook.com/groups/OmahaREIA Check out the National REIA https://nationalreia.org/ Find Ted Kaasch at www.tedkaasch.com Owen Dashner on Facebook https://www.facebook.com/owen.dashner Instagram https://www.instagram.com/odawg2424/ Red Ladder Property Solutions www.sellmyhouseinomahafast.com Liquid Lending Solutions www.liquidlendingsolutions.com Owen's Blogs www.otowninvestor.com  www.reiquicktips.com Alex Camacho on IG - https://www.instagram.com/alexcamachotv/ Russell Brazil on IG - https://www.instagram.com/russelltbrazil/ Sinachi Anamdi on IG - https://www.instagram.com/sinachi_anamdi/ If you like the content on Omaha REIA Radio, Be sure to give us a review on your favorite podcast platform to help others find us and leverage the knowledge and experience our hosts and guests have to offer. We greatly appreciate you for tuning in and see you in the next episode!! 

Real Estate Investing Abundance
REIA 212 Tim Kelly: How Military Service Arms you with the Tools to Crush it in Real Estate Investing

Real Estate Investing Abundance

Play Episode Listen Later Oct 14, 2022 22:49


Tim Kelly recently separated from the US Navy as a Chief Petty Officer to pursue his true calling. Now, as VP of Education & Co-Owner for the online community, Active Duty Passive Income, he helps other past and present military members on their paths to financial freedom through owning  more of America, the land they swore to protect and fight so hard for!Main Points:You don't have to be a mathematician to underwrite commercial and multifamily deals.You don't have to be a highly experienced, millionaire real estate investor to raise millions of dollars for your deals.The step by step process to building a bullet-proof investing team.Why improving your mindset is crucial to your success as an investor.How to become a high performer and level up your confidence, courage, productivity and energy.Why military members are virtually programmed to be rockstar real estate investorsConnect with Chris: tim@activedutypassiveincome.com+1 (847) 910-9161https://www.linkedin.com/in/thetimothykelly/https://www.activedutypassiveincome.com/Set up a FREE strategy session: https://calendly.com/call-with-tim-kelly/30min ***see link for full bio, more headshots, social links and contact info: https://bit.ly/tim-kelly-bio

REIA Radio
The Podcast On How To Make Success Inevitable And Live The Life We All Dream Of - REIA Radio Episode 60 With “Beardy” Brandon Turner and Megan “The Tatty Investor” Ahern

REIA Radio

Play Episode Listen Later Oct 12, 2022 95:15


A pinnacle episode for REIA Radio, and surely a peak experience for Owen, Denlis and Ted was meeting, interviewing and hanging out with Brandon Turner. If you don't know who Brandon Turner is, after listening to this episode, search for the Bigger Pockets Podcast and listen to any episode from 1 - 551 and I guarantee you that a bucket list item would be to get a one on one with this guy. Thanks to Episode 9's guest, Megan Ahern, we got the opportunity to sit down with both Megan and Brandon. In Episode 9, Megan spoke about being in Brandon's Maui Real Estate Mastermind and this interview digs a little deeper into her experiences and growth from being around like-minded, more experienced Real Estate Investors. As expected, Brandon just drops Golden Nugget after Nugget and shares a lot about his company Open Door Capital and life in general after leaving the Bigger Pockets Podcast. Brandon's Failing Forward reminds us about zooming out and utilizing a property for its highest and best use. If you go into a deal with one exit strategy, you'd likely either lose money or leave money on the table. For all the Investors who are grinding 60+ hours per week, this episode shows you what life could look like with the right people, systems and processes. Without any further adieu, here's Episode 60 with The Brandon Turner and Megan “The Tatty Investor” Ahern.Maui Real Estate Mastermind Conception - 28:11From BP Integrator to ODC Visionary - 29:40Work Life Balance and The Importance of Setting Rules - 32:34Family Road Trip and Peak Experiences - 40:35Creating Intentional Success - 47:11Open Door Capital - 50:52Megan's take on Maui Real Estate Mastermind - 57:13Brandon's Coach - 59:03Failing Forward - 1:04:10New Book Idea and Looking Forward - 1:13:28OT - 1:16:15You can Join the Omaha REIA at https://omahareia.com/ Omaha REIA on facebook https://www.facebook.com/groups/OmahaREIA Check out the National REIA https://nationalreia.org/ Find Ted Kaasch at www.tedkaasch.com Owen Dashner on Facebook https://www.facebook.com/owen.dashner Instagram https://www.instagram.com/odawg2424/ Red Ladder Property Solutions www.sellmyhouseinomahafast.com Liquid Lending Solutions www.liquidlendingsolutions.com Owen's Blogs www.otowninvestor.com www.reiquicktips.com Brandon Turner on IG - https://www.instagram.com/beardybrandon/ Megan Ahern on IG - https://www.instagram.com/the_tatty_investor/ Open Door Capital - https://odcfund.com/ If you like the content on Omaha REIA Radio, Be sure to give us a review on your favorite podcast platform to help others find us and leverage the knowledge and experience our hosts and guests have to offer. We greatly appreciate you for tuning in and see you in the next episode!! 

Real Estate Investing Abundance
REIA 211 Chris Tanner: Albert Einstein said "Compound Interest is the 8th Wonder of the World" "Tax FREE Compound Interest must be the 9th"

Real Estate Investing Abundance

Play Episode Listen Later Oct 12, 2022 23:14


Chris is the Sr. Sales & Education Manager at New Direction Trust Company. Chris educates people on the power of using self-directed IRAs and solo 401Ks. He has been self-directing his own retirement plans since 2007.Main Points:The IRS allows you to invest in assets outside the stock market. Things like real estate, private equity, precious metals, and private lending.You can have complete control of your retirement funds. You are not obligated to use a financial planner, or hope that Wall Street will secure your retirement.The IRS gave us an amazing gift. The gift of Tax Free investing via a Roth IRA and Roth 401KThe Solo 401K is an outstanding vehicle for people wanting to use leverage in their real estate investingMentorship and education is vital to your success. Find a self-directed IRA custodian that will serve that roleSelf-Directed IRAs and Solo 401K plans are very versatile. They can take title to assets, they can partner, they can borrow, and they can lend.The IRS has rules about investing with retirement funds. Know the rules, and follow the rules. You don't want to commit a prohibited transactionConnect with Chris:https://ndtco.com/education-center/ctanner@ndtco.com+1 (197) 039-64205http://www.ndtco.com

Real Estate Investing Abundance
REIA 210 Josh Cantwell: Traits of Elite Real Estate Investors

Real Estate Investing Abundance

Play Episode Listen Later Oct 10, 2022 26:31


Josh Cantwell manages over $40M in private money, which is deployed into multifamily real estate and apartments. He currently holds a portfolio of over 3,000+ cash-flowing apartments. He is the founder and CEO of a variety of successful businesses including Freeland.Main Points:Invest for cash flow now No one is coming to your rescue - Accountability to yourself - Pan Can Story - Design and Build your own life, Your 100% responsible for your own LifeSuper Time Mgmt. Skills Individual Management System - Free Focus and BufferPost and Prioritize - Sunday Nights Refuse / Avoid Screen Sucking OCD loop - how can I use Tech and Social Purposely, People, places, things I refuse to be around, Negativity, Toxic LeachesUse Technology as a weapon - Infusionsoft, builder trend, HappyCo, AppFolio, marketing software to recruit and manage investorsSet Goals w/ Acer Exercise - Absolute Clarity of the End Result - House, Car, Land, Team, Business, Passive Income, Dream Scale w/ 1 to Many Concept - how can I teach and speak in front of crowds Service trumps Price - white glove service (property mgmt.) The Business of Business is People: Nothing gets done without people working the systems. Culture Cures EveryConnect With Josh:FreelandVentures.com/Passivejcantwell@srecnow.comwww.linkedin.com/in/joshcantwell/+1 (216) 233-5448

REIA Radio
How This Teacher Bought His Life Back: Fire Them Before They Fire You - REIA Radio Episode 59 With Travis Wiswell

REIA Radio

Play Episode Listen Later Oct 8, 2022 111:23


Travis Wiswell was Middle School and High School teacher for 17 years. His Primary subject was Spanish, but in 2007 he began teaching a Financial Money Management class to Middle School students. Travis found out that he had a genetic condition that significantly reduced his lifespan. Unhappy at his job and with limited time Travis knew he had to make a change if he wanted to spend more time with his wife and 5 daughters. Here comes the knight in shining armor: Real Estate. In 2016, Travis began researching Real Estate Investing and of course, found Bigger Pockets. That summer, he educated himself listening to over 100 episodes and by fall of 2016, Travis closed on his first rental property. His 2nd property was bought later that year with the help of an enthusiastic realtor, Ted Kaasch. 10 properties later, Travis was able to leave his unfulfilling career. His Failing Forward reminds us of the importance of due diligence and how detrimental it can be if not executed meticulously. Travis' Story is so great, one of someone who was dealt an unfair hand and used that as motivation to fuel his growth. Listen to this all the way through, take a hard look at your life now and ask yourself “What if I knew my days were numbered, what can I do to make it better NOW?” Here's Episode 59.Travis' Backstory - 15:55Travis' Real Estate Story - 38:07Airbnb His Home - 57:21Travis' Rental Portfolio - 1:01:59Adapting Investing Strategy - 1:06:05Crazy Investment Story - 1:27:28Next Step - 1:32:18Failing Forward - 1:34:16OT - 1:41:10You can Join the Omaha REIA at https://omahareia.com/ Omaha REIA on facebook https://www.facebook.com/groups/OmahaREIA Check out the National REIA https://nationalreia.org/ Find Ted Kaasch at www.tedkaasch.com Owen Dashner on Facebook https://www.facebook.com/owen.dashner Instagram https://www.instagram.com/odawg2424/ Red Ladder Property Solutions www.sellmyhouseinomahafast.com Liquid Lending Solutions www.liquidlendingsolutions.com Owen's Blogs www.otowninvestor.com www.reiquicktips.com Travis' IG - https://www.instagram.com/travis_wiswell/ Travis' Email - travis@experiencerealestategroup.com If you like the content on Omaha REIA Radio, Be sure to give us a review on your favorite podcast platform to help others find us and leverage the knowledge and experience our hosts and guests have to offer. We greatly appreciate you for tuning in and see you in the next episode!! 

Real Estate Investing Abundance
REIA 209 Ted Greene: Lending costs are up, what's next

Real Estate Investing Abundance

Play Episode Listen Later Oct 7, 2022 23:59


Ted Greene is the Investor Relations Manager for Spartan Investment Group.  He has over 24 years of investment advisor representative and compliance officer experience.  As an entrepreneur he developed and ultimately sold a Self-Directed IRA facilitation company, which lead him to his current endeavors with Spartan. Main Points:Who is Spartan Investment Group?What about rising interest rates?Are Cap rates to low to make money?Where are properties priced from a cap rate perspective?What does Spartan look for to protect investors?Who are the big buyers in the marketplace?Where is the market headed from here?Connect with Ted Greene:http://www.spartan-investors.com/+1 (425) 777-0496linkedin.com/in/ted-greene-dontbeafraidwww.spartan-investors.com/spartan-storage-fund/ted@spartan-investors.com

Real Estate Investing Abundance
REIA 208 Jeffrey Donis: Investing in apartments in your 20s

Real Estate Investing Abundance

Play Episode Listen Later Oct 5, 2022 21:03


Jeffrey Donis is a real estate investor and syndicator. His goal with his brothers and partners is to empower others to achieve their financial goals through apartment investing. The Donis Brother's passion for helping people began at an early age and has bonded them as brothers and business partners. At the Donis Investment Group, Jeffrey is responsible for investor relations and raising capital.Main Points:Syndicating Apartments With My BrothersInvesting in Real Estate in Your Early 20s The Power of Networking!Importance of a Mentor & How To Find OneMy “why”How to invest in your 20s and the importance of starting early and maintaining consistency.Connect with Jeffrey Donis:www.donisinvestmentgroup.com/playbookjeffrey@donisinvestmentgroup.comlinkedin.com/in/jeffrey-d-7b558b1a9+1 (919) 599-2484

Literary Quest
A Soul to Keep

Literary Quest

Play Episode Listen Later Oct 4, 2022 71:39


We're kicking off MonsterSmash October with A Soul to Keep by Opal Reyne. Reia is an outcast in her town and when it comes time to have a bride ready for the duskwalker she is the obvious choice. However, the duskwalker is not what he seems. He may look scary with a wolf skull and impala antlers but he is just looking for a companion. Unfortunately, this is difficult for him since his bloodlust is triggered by the scent of fear. Luckily for Reia she is rarely afraid and this allows her to get closer to Orpheus and see him for who he really is. Not everything is perfect though, the demon-king hates duskwalkers because they are powerful and hard to kill so he is constantly looking for ways to hurt them. Will Reia and Orpheus be able to overcome their differences or is a human eating, dark entity with a skull for a face too monstruous?

soul orpheus reia soul to keep
Real Estate Investing Abundance
REIA 207 JD Sustar: Millionaire by 30: How I Built my Real Estate Portfolio in Only 3 Years!

Real Estate Investing Abundance

Play Episode Listen Later Oct 3, 2022 25:07


JD Sustar is better known as the Finance Cowboy in the digital world. JD was able to amass a net worth of over $1m by the age of 30 by investing in single-family home real estate.Main Points: Single family long term rentals as a foundationShort term rentals (airbnb) returns and management (I have 2 on Seabrook Island, SC)Knowing how to analyze dealsNetworking is key to success in real estateHow to scale with little moneyConnect with JD:@financecowboy (Instagram),  financecowboy.comtiktok: @thefinancecowboyyoutube: finance cowboyhttp://www.TBD+1 (843) 8643682realfinancecowboy@gmail.com

Real Estate Investing Abundance
REIA 206 Arn Cenedella: How to reap the benefits of real estate investing without the hassles!

Real Estate Investing Abundance

Play Episode Listen Later Sep 30, 2022 24:03


Real estate broker and investor with over 40 years experience. Silicon Valley native built a sizable single family rental portfolio. Relocated to Greenville SC for a lifestyle transition. Moved to multifamily investing and formed Spark Investment Group. Main Points:Benefits of real estate investmentThesis behind multifamily investingBenefits of passive investingHow do syndications work?Benefits of diversification Overall investing philosophy Use investments to create the life of your dreamsContacts:www.nvestwithspark.com/contactarn@investwithspark.com+1 (650) 575-6114www.linkedin.com/company/spark-investment-grouphttp://www.investwithspark.com 

REIA Radio
A Real Bootstrapping Story For Newer Real Estate Investors: The Complications Associated With Of Who Not How - REIA Radio Episode 58 With Chris Coleman

REIA Radio

Play Episode Listen Later Sep 28, 2022 133:49


Chris Coleman is REIA Radio's next guest. Chris grew up with his parents and grandparents on the coast of Mississippi. During his middle school days, Chris learned how to weld, building go carts and motorbikes. At age 15, he and his family had to leave their home to avoid the wrath of hurricane Katrina. After returning home, the aftermath of the hurricane presented an opportunity for a very handy Chris, allowing him to make some money doing clean outs, demos and almost anything that was needed. Following his father's advice who came to Nebraska chasing storms as a roofer, Chris came to Omaha and during got a special opportunity while in high school to go to Tech School in Milford, Nebraska. Chris bounced around a couple of jobs as a machine tools specialist for some years before finally deciding to pursue a sales job, an idea he had while he was in high school. He got his Realtor's license in 2015 and it was off to the races right? You'll hear that things don't always go according to plan and that's what makes this interview such a great one. Chris details a series of Failing Forwards that unanimously teach us about the importance of implementing systems before scaling our businesses, the complications associated with Who not How and (business) growing pains. Ted, Owen and even Denlis share some thoughts that could help Entrepreneurs, who struggle with imposter syndrome, overcome this toxic mentality. This is REIA Radio Episode 58! Chris Coleman's Backstory - 16:43Chris Coleman's Real Estate Story - 31:41Chris Coleman's First Flip - 43:22Complications with Who not How - 1:01:07Overcoming Imposter Syndrome - 1:33:36OT - 1:58:23You can Join the Omaha REIA at https://omahareia.com/ Omaha REIA on facebook https://www.facebook.com/groups/OmahaREIA Check out the National REIA https://nationalreia.org/ Find Ted Kaasch at www.tedkaasch.com Owen Dashner on Facebook https://www.facebook.com/owen.dashner Instagram https://www.instagram.com/odawg2424/ Red Ladder Property Solutions www.sellmyhouseinomahafast.com Liquid Lending Solutions www.liquidlendingsolutions.com Owen's Blogs www.otowninvestor.com www.reiquicktips.com Chris Coleman's contact: 402-218-8644Chris' Email - chriscolemanbusiness@gmail.com Chris on Facebook - https://www.facebook.com/the.chris.coleman IG - https://www.instagram.com/the.chris.coleman/ If you like the content on Omaha REIA Radio, Be sure to give us a review on your favorite podcast platform to help others find us and leverage the knowledge and experience our hosts and guests have to offer. We greatly appreciate you for tuning in and see you in the next episode!! 

Real Estate Investing Abundance
REIA 205 Mike Stohler: How I went from an epic crash and burn to 8 figure portfolio by changing my way of thinking

Real Estate Investing Abundance

Play Episode Listen Later Sep 28, 2022 21:07


Mike Stohler is a former commercial airline pilot, Navy veteran, and co-founder at Gateway Private Equity Group.  When Mike first started in real estate investing in 1999, he lacked experience and failed. Through committed action to learn and grow his skills, he has created immense change in his business and life.  Between apartment complexes, houses, and hotels, Mike has owned or operated over 1400 units.Main Points: How I lost everything and how I learned from that experienceWhat did I do to make sure I did not repeat my mistakes? Why mentoring and coaches are so importantWhy having a team is so importantWhy is having a default calendar and other systems in place necessary to become a successful entrepreneurWhy did I make the switch from Multi Family to Hotels and how did I do it?What is the difference between MF and HotelsThe mindset adjustment of owning hotels during COVID and how I survived Contact:www.gatewaype.commike@gatewaype.comwww.linkedin.com/in/michaelstohler/+1 (602) 463-0758

Real Estate Investing Abundance
REIA 204 Isaac Bennett: YouAre Launched: Igniting Your Aspirational Flame

Real Estate Investing Abundance

Play Episode Listen Later Sep 26, 2022 22:49


Isaac Bennett is the founder of YouAre: A People Brand. He previously served as Vice President of Sales for Morton Industries. He has an extensive background in international Real Estate, equity and alternative asset investments. He has traveled to over 50 countries, having done business in over 100. He loves baseball, music and spending time with his wife, Blake. Main Points:Launching Your Creative GeniusPartnering for the WinRemoving LimitationsOvercoming FearEliminating "Realistic" from Your VernacularIndependent ThoughtConnect with Isaac:isaac@apeoplebrand.com+1 (309) 294-4760http://www.apeoplebrand.comlinkedin.com/in/isaac-bennett-9980a356www.apeoplebrand.com/investor

Real Estate Investing Abundance
REIA 203 Dani Beit-Or: Why Boring Real Estate is The Better Way yo Invest for the Busy Person

Real Estate Investing Abundance

Play Episode Listen Later Sep 23, 2022 26:35


With over 18 years of experience investing in US real estate, Dani uses his knowledge and experience to secure financial growth for beginners to experienced investors.Since 2004, Dani has worked with many hundreds of investors on close to 5,000 transactions, helping them to build strong real estate property portfolios by investing in various US metros, all done remotely.Dani helps both beginners and experienced investors by customizing each strategy based on experience, age, goals, knowledge, and financial abilities.Simply Do It, Dani's investment network, have set strong systems and process for investor to properly and correctly invest in residential rental in multiple Us metros.Main Points: What is boring investingInvesting in current times and how to hedge yourselfHow to execute remote investingSFH as a major growth engineWhat is the mortgage miracle we have in the USWays to mitigate typical property managersContact Bryce:One on one session with Dani free - SimplyDoIt.net/intakewww.linkedin.com/in/danib/dani@simplydoit.nethttp://simplydoit.net +1 (650) 440-5544

REIA Radio
Genuine Selflessness: One The Most Powerful Attributes That Gives These Real Estate Investors An Edge Over Their Competition While Staying True To Their Why - REIA Radio Episode 57 With Anna Graham and Eric Lindeen

REIA Radio

Play Episode Listen Later Sep 21, 2022 139:40


We at REIA Radio always like a good real estate story, especially one that goes beyond building the generational wealth legacy. Anna Graham and Eric Lindeen have such a strong why for their Real Estate business that it forces you to think more about your why. This Real Estate Investing power couple's story humbly begins in Bozeman, Montana. After leaving California, they bought an up/down duplex and house hacked it, renting it out to a group of college girls. Sometime after, they ended up in Omaha Nebraska in pursuit of the untapped Real Estate opportunities it possessed. Through sheer perseverance, taking notes and advice from more experienced investors, Anna and Eric began the journey to retirement. Not yet accomplished, they amassed 2 5-plexes, a tri-plex and 4 single family homes, one of which they have as a Short Term Rental. In their failing forward Anna & Eric detail the importance of due diligence both on the property and on your sub contractors developing a payment system that doesn't involve paying them a large sum of money at the beginning of the project. Pay close attention to this one because Anna & Eric give such great advice. Great feel good podcast waiting for you guys inside Episode 57 of REIA Radio!Anna & Eric's Backstory - 27:15Anna and Eric's Real Estate Story - 49:49Anna & Eric's Failing Forward - 1:20:07Anna & Eric's tips on getting leads - 1:31:54Anna & Eric's main charitable service - 1:51:03OT - 2:01:18You can Join the Omaha REIA at https://omahareia.com/ Omaha REIA on facebook https://www.facebook.com/groups/OmahaREIA Check out the National REIA https://nationalreia.org/ Find Ted Kaasch at www.tedkaasch.com Owen Dashner on Facebook https://www.facebook.com/owen.dashner Instagram https://www.instagram.com/odawg2424/ Red Ladder Property Solutions www.sellmyhouseinomahafast.com Liquid Lending Solutions www.liquidlendingsolutions.com Owen's Blogs www.otowninvestor.com  www.reiquicktips.com Anna And Eric's ContactAnna Graham & Eric LindeenAnna Buys Houses14301 FNB Pkwy, #100Omaha NE 68154Office: 402-313-8700www.AnnaBuysHouses.comAnnaGraham@AnnaBuysHouses.com EricLindeen@AnnaBuysHouses.com Dan Zimmerman's Podcast https://podcasts.apple.com/us/podcast/reia-radio/id1582763673?i=1000559582745 Katt Theo's Episode https://podcasts.apple.com/us/podcast/reia-radio/id1582763673?i=1000554185928 If you like the content on Omaha REIA Radio, Be sure to give us a review on your favorite podcast platform to help others find us and leverage the knowledge and experience our hosts and guests have to offer. We greatly appreciate you for tuning in and see you in the next episode!! 

The Remote Real Estate Investor
How investors can use private capital to scale with Derek Dombeck

The Remote Real Estate Investor

Play Episode Listen Later Sep 17, 2022 31:02


Derek Dombeck, a Real Estate Expert hosts and runs the WiscoREIA based out of Wausau, WI. There he coaches and teaches other real estate investors his keys to success. He is currently hosting 3 national Mastermind groups called the R.E. Circle of Trust and puts on an Advanced training and Networking event each winter called The Generations of Wealth Voyage. In the last podcast episode, Derek talked about creative financing solutions for real estate investors. In today's episode he will be tackling the other side of the coin and will share some insights about private capital, lending and how that plays into real estate investing. Episode Link: https://gowvoyage.com/ --- Transcript Before we jump into the episode, here's a quick disclaimer about our content. The Remote Real Estate Investor podcast is for informational purposes only, and is not intended as investment advice. The views, opinions and strategies of both the hosts and the guests are their own and should not be considered as guidance from Roofstock. Make sure to always run your own numbers, make your own independent decisions and seek investment advice from licensed professionals.   Michael: Hey, everyone, welcome to another episode of the Remote Real Estate Investor. I'm Michael Albaum and today with me, I have Derek Dombeck again on the podcast and for those of you who missed his first episode, I highly recommend you going back and giving that a listen. But Derek is the owner of best REIA funding a private lender, he's also an investor. So today, we're gonna be talking about private lending, and also what we need to know as investors and how to utilize it. So let's get into it.   Derek, what's going on, man? Good to see you. Thanks for coming back on the pod.   Derek: Yeah, absolutely. Glad to be back.   Michael: I'm super excited to have you on. So last time, we talked about creative financing solutions for real estate investors. Now we're going to be tackling kind of the other side of the coin and so talk to us about private capital and lending and how that plays into real estate investing.   Derek: Well, I like to talk to our clients that are coming to us for loans in more along the lines of what how would they want to structure if they were the lender? So it makes more sense to them why are we asking for what we're asking for? We design our company, primarily because we were borrowers ourselves, and we want to do it in a way that would be probed by our borrower, but still safe for our investors. So a couple examples, we don't collect monthly payments, we don't collect interest payments, we let it accrue. Very, very few lenders do that. The methodology is that when you're when you're the lender, and a payment is missed or late, that gives you an indication of something could be going wrong with the loan and that's true. But we don't want to have to collect payments every month on 175 outstanding loans, which is typically what we're carrying at any given point in time. It's another staff member that we would have to have basically just to do that do collections. So as a borrower when I was borrowing the money, that's what I would have wanted, right? As a lender, it's different. So a lot of times I'm trying to have these conversations with our borrowers, as I mentioned, in a way that shows them that we're their ally, we're not just somebody sitting across the big fancy desk with a, you know, a suit and tie on looking down their noses at them. We want them to really realize that we are their business partner, in one way, shape, or form. Most interactions with borrowers if they've never met me before, it just starts out with a brief overview of our loan program and I often tell them, well, if you were going to be the lender, if it was your money, what would you want to see happen, especially if they're, you know, if your listeners are out there trying to apply for loans. There's three things two to three things that I think are super important. First one is whether they're going to a bank, a hard money lender, or a private lender, or their great uncle, have all of your documentation ready to go. At the I mean, at the drop of the phone, right? Like we get off the phone, bam, you can submit it. What drives every lender crazy is when they send stuff in piecemeal. You know, and we always have to ask for it and then we have to remind them and follow up that makes you look so foolish in the eyes of a lender. Okay, another thing for us, we don't require appraisals, but most people do. So, and we don't require appraisals in our loans, because I don't trust appraisers. They have no skin in the game, we have way more experience. But we're in a niche lending market of lending on rehabs and some appraisers may never have picked up a hammer in their life. How do they know what the after repair value is going to be based off of a scope of work? You know, if I get a scope of work that's submitted on an application and they claim they're gonna put a brand new kitchen in for $2,000 I'm gonna call bull ** because I know what it cost to put in a low end, middle end or high end kitchen. But again, as a borrower trying to help your listeners in that regard. If you're going to an appraiser or you're coming to us and we don't require appraisals, but having your data somewhere you had to come up with your numbers, right? When you made your offer to buy the property, I want to see, an appraiser may not want to because some of them don't necessarily like to help. But I want to see, because, you know, some of them are just arrogant. Let's be honest at it.   Michael: It's the ego play, yeah…   Derek: It's an ego play. But for me, it's not for me, it's required. I want to see those comps, or CMA, or a BPO, from a real estate broker, something to show me how did you come up with your valuations? If it's going to be a rental property, where's your cash flow analysis, you wouldn't believe it how many times we get applications in and they want to rent borrow money from our short term to fix the property, get a tenant in there and then refinance. But yet they have not talked to any long term lenders, typically banks to even know what their refinance terms would be or if they'd be able to get refinanced. They haven't done a cash flow analysis. Again, have everything ready for your lender as much as possible, right? Gosh, what else as a borrower, you know, coming in with a backup plan, a plan B, is so crucial. Our job as the lender is to expect you to fail and every question we ask is, is asked, because we want to know, if something goes wrong? Can we either take the property back or lien against the, you know, the borrower to get our money back? I mean, that's what it's all about. We are asset based lenders, banks are gonna look at the asset and their income, every lender is a little different.   But the bottom line is, can we protect our investors' money? Can we protect our money and if that borrower walked out of closing, sign the papers and got hit by a bus and died? Can we recoup our money, right? Borrowers don't think that way. Borrowers think sun shines, and sunshine and unicorns, right. Nothing's ever gonna go wrong, the project is going to be on time on budget, we're gonna get under budget. You know, it's total bul****. But that's, that's our jobs to explain that to them in a way that's, you know, we're not trying to drive them from our business, we want to do business with everybody, that's got to legit good deal. But they've also got to be realistic and the number one, two spots that most borrowers come in sunshine and unicorns, their budget is too low on their renovations, and their comps are too high. So they want to use the top comps and we don't, why don't we because the markets shift. Now, if they came in on evaluation, I'm going to use Wisconsin numbers, you know, because that's what I'm used to, if they come in with an after repair value of $200,000 and I look at the comps that they submitted to me and there was one house that sold for 200,000. But the majority of them sold for 175. Which one do you think is the lender want to use?   Michael: Yeah, the 175.   Derek: Right, so we're going to lend based on 175. Now, that means they're going to have to put some of their own or more of their own money into the deal. If they sell for 200 bonus for them. That's great, I hope they can. But as the lender, we can't live on hopes and dreams, we got to live on reality and what happens most of the time is they're trying to come in with as little money out of their pocket as possible by using the highest comps, the lender takes on all the risk, which is why we use the middle of the road comps and I don't go to the very low end either. But we're using the middle and again, if they have to put in 10 20,000 extra dollars, and they're confident in their numbers, they shouldn't have a problem putting in 10 to 20,000 extra because according to them, it's going to sell for 200 they should get their money back and then some but when you start changing that or having that conversation with them. Boy, it's amazing when they have to use their own money, how they start to sing a little bit different tune.   Michael: Yeah. Interesting. So it's almost like you have to protect them from themselves.   Derek: Absolutely and we will tell them that I mean, there's plenty of times where we have just flat out told people you should walk away from this deal. Like we want to do business with you in the future. We want to give you a loan, but you are setting yourself up for failure on this deal and most lenders wouldn't typically do that most lenders will just say, we're only comfortable lending up to x, go ahead and do the deal and then when they fail, the lender will take the property back and the lender is in good position depending on loan to value. But we don't, I don't really like that model. I mean, it's certainly not our model and at the end of the day, if I take care of that investor, and I save them from themselves this time, hopefully when they come back around, they're more educated, and they bring us a really great loan, they've got a really great project. That's what it's supposed to be all about.   Michael: Yeah, yeah. Well, let's talk about that for a minute, Derek. So it sounds like the things that you asked for, from your borrowers. It's really an opportunity for them to showcase their experience level that they've taught, crossed, the T's dotted the eyes and really thought about it and in very proactive in that, what if someone's just getting started? I mean, how much hand holding should someone expect from their lender or can they expect from their lender to help them get to a point where they're feeling confident or do you tell people hey, you know, go kind of skin, your knees somewhere else, and then come back to us when you're a little bit more polished?   Derek: So the answer is, it depends. There's, most lenders out there do not want to deal with brand new people. I mean, it's just a reality of life. We are different in that regard, too because we may say to the applicant, alright, we want you to partner with somebody, and that person has to have, you know, we'd like to see at least three deals worth of experience. Now, I don't care if they get mentored for free, or if they split the deal 50-50. I don't care what that partnership looks like. But we would like to see somebody with experience that is backing this deal and if they can't do that, or they don't want to do that, then we typically would say sorry, but we can't lend on this deal right now and if they don't know anyone else, which happens, we have an extensive network throughout the state. So we can pretty much in any market, we can line them up with somebody that would be willing to, to mentor them and get some feedback from them. So but I don't think there's a whole lot of lenders that would do that much hand holding… Yeah, you know.   Michael: And that makes sense to walk us through because you're a private money lender. So you are kind of this middle person where you take investor money, and then lend it out to other investors that are that buying real estate. So when the Fed talks about interest rate hikes are this sort of thing? Like, how do you set your pricing and what should listeners be expecting if they're going to private lenders in terms of rates, right now, we're recording this almost near early September and August 2022. What are you seeing an image of you'll be expecting.   Derek: So it's very volatile, depending on where you are in the country, and how much competition there is, we certainly have national, hard money lenders that are that are, you know, advertising, much cheaper rates than we offer. But they sell off their loans. Almost many before the ink was even dry. They're white labeling almost everything, which means that there's a hedge fund or another note buyer, that is fronting the cash to close the loan and at the closing table, that loan gets transferred and you know, the person that you signed the paperwork with may still be the servicer of the loan. So you may not even realize it's been sold off. But most of the national lending companies, that's what they do. The challenge with that is, when the borrower gets to any kind of a challenge, we'll call it with their loan, maybe they need an extension, or something's just going terribly bad. Those lenders are not going to be willing to work with them because they don't own the loan anymore. It's gone. It's in some hedge fund on Wall Street, and it's just a number. It's just a loan number, they don't care. They just okay, you failed, get out, we'll take your property. As private lenders, we don't currently we don't sell off any of our loans.   We are 100% privately backed, so I don't have any institutional money at all. That has their thumb on us telling us what we can and can't do and our investors are all individual people there, some are mom and pop. Some are, you know, a little bit higher net worth individuals, but we can have conversations with them. So for example, let's just assume that the markets crashed and 20% of our portfolio defaulted and we had to go take these properties back well, if the market isn't really viable, viable option to sell them off and be made whole, we can go to our investors and we've done this with all of our investors. Prior to them even getting started with us, we have this conversation, but we can go to them say, okay, you know, we still myself, my business partner still run a full time real estate acquisition company, we have rentals, we have everything in place. So we're gonna have to take these, you know, whatever it is 20, 30, 40 properties, and we're going to lease them out and we're going to just collect rents until the market comes back and our investors are, that's not their first choice, but they're okay with it, because they know it's a Plan B, I mentioned that before, you know, the, the borrower's don't want to come in with a plan B or Plan C, we've got that in place with all of our investors upfront and, you know, we pay our investors 9% currently, maybe they would have to agree to go down to 7% or 8%, it would have to look at the cash flow numbers. But that's still better than the alternative of losing money.   Michael: At zero, yeah, zero or negative.   Derek: As far as rates are concerned with us, what we pay our investors dictates what we charge and at 9%, we've got a three to four point spread on interest rate. So we charge 12%, throughout the bulk of the state of Wisconsin, and we charge 13%, currently in Milwaukee and it's really just to be 100% honest with you and your listeners, Milwaukee, we could probably charge more, because our competition is charging 15%. So we don't really have any intentions of increasing our rates, we don't have a lot of junk fees, that's another thing your listeners really should consider looking at when we're looking at any lender, the interest rates might be much, much better, but their junk fees, I know of a lender within my state, who charged something like $3,500 to get paid off. In order for you to pay the loan off, you had to pay a payoff fee, which is asinine. We see a lot of lenders that are charging several $100 to do a construction draw, or a loan or an escrow draw for your construction proceeds, that's your money as the borrower and you now have to pay three, four or $500 to get your money out of escrow. It's crazy, you know…   Michael: I've seen that.   Derek: All these fees are they're nuts. We do charge an extension fee if they go past our six month term and it's equal equals to what if we weren't able to redeploy that money and another 12% in three origination points. So for an extension fee, for us, it's a point per month, up to three more months. Why because we want that money back to redeploy it. So we could charge three more points, right? So but it's not some 10 points in some crazy, crazy astronomical numbers, it's really just trying to get our same level return on our money, whether it's extended or redeployed to a new loan.   Michael: Okay and people listening might be getting excited about using private money, because it sounds like so much more flexible, and just investor friendly. Other people might be a little bit scared hearing this and so I'm wondering if you can talk to if those people are listening, can they get involved on the investor side of things where they're funding other people's deals, and just clipping that 9% coupon or whatever the return is?   Derek: Yeah, absolutely. I mean, if whether it's with me or with somebody else, I'm more than happy to talk to anybody about it and if you invest with us, you do if you don't, I don't, that's fine. But I would say there's some very important things that everyone should know if you went and borrowed money from your family. Okay, so maybe they're talking about a private lender being an individual that they have relationship with, or they might be using somebody's retirement account. I've seen this happen so many times, it makes me cringe. There was a couple young couple, I mentored them years ago, now they're, they're super successful, but they were just getting into the business and they were, they bought a flip house and they said, We borrow the money from my uncle at 2% and we can pay it back when we sell the house. So that's fantastic. That you know, this was back before 2% was popular, right? Yeah and I said, okay, did you put a note and a mortgage in place to protect your uncle and they said, no, he didn't care. He just said, pay me back when you get it, you know, when you get the money? I said, okay, do you have the property insurance? You know, the listing them? In case the place burns to the ground? Nope. Did you get them title insurance? Nope. All these things like they did not protect their family at all. So picture them getting sued by a contractor or anybody. Here's a free and clear property without a recorded mortgage against it and not and they lose it. Let's say we lose a lawsuit property gets taken away from them. Now they still owe their uncle all this money, and he had nothing to protect himself or we go back to the they get hit by a bus walking out of the title company, right?   Property, the money's gone, the money went to whoever they bought the property from, how does that family member collect or get their money back, if they don't have a mortgage in place, they can't foreclose on the property... So I just caution, anybody that's, you know, on the borrower side, that's going to borrow money from friends or family, make sure you always get title insurance to protect your lender. You know, the property insurance, the lender should be listed as a lender, not as an additional insured, there's a big difference and, you know, go through a title company, go through a closing attorney, make sure everything's aboveboard note mortgage in place, or deed of trust, depending on your state because you're just, I mean, you're hurting your family if you don't do it the right way. So always, always, always protect your lender, no matter what and if you're going to take a loss on a property or a project, I don't care what it takes, you make sure your lender is made whole, because we've lent money to people that screwed up their deals, but they took care of us and next time around, we lent the money again but you got to take care of your lenders. On the other side of it, if you want to be a lender, there's a lot that you have to consider just the whole underwriting of the deal. Is it a good deal? Is it not a good deal and how are you going to make sure that you get paid back are you going to have third party that goes there and make sure that the property is being managed, right, or if it's rehab, or you're gonna have somebody that's checking on the project and releasing money on construction escrow drawers. If you do want to collect monthly payments, who's going to do that who's going to service the loan. So there's a lot of things that it don't get me wrong, it's a great business, but there's a lot of things that people don't necessarily think about and I've seen it happen enough times where, you know, somebody has 100 200 $300,000 sitting around, and they just do a handshake deal, and lend the money to somebody, again, not getting the proper documentation in place. We had one ***hole and I say that, because he really was an ***hole, he took money out of his disabled brothers, IRA, to fund a rehab project and he had three other lenders on that project and he never he told his lenders, he was going to record all their mortgages for them and he never recorded the mortgages and it turned into this in this really nasty lawsuit. But he lost his disabled brothers IRA in that transaction and he's just the snake, you know, and they're out there. But you got to protect yourself. You know, I still believe in taking somebody at their word and believing the handshake. But that doesn't mean you don't write down and memorialize what you just shook hands about.   Michael: Right and if someone wants to get involved in the lending side of things, but you know what, you just said, what you just shared kind of makes them a little bit gun shy, or they want to have someone else take care of the day to day operations. I mean, are there businesses that they can plug into it? So here, take my money, pay me a return, I don't want to hear about it or know about what you're doing with it.   Derek: I mean, there is there's a lot of crowdfunding companies that you know, that became very popular. It seems to have died off here lately. You know, I don't hear as much or see as much marketing about crowdfunding. I would say the best way to do it is either find somebody in your local market at a RIA meeting, or, you know, a meetup group or even online, Bigger Pockets or something like that. But you got to spend some time getting to know who you're doing business with and, you know, Google the hell out of them, do background checks, all that kind of stuff. I invite anybody to Google me I have nothing to hide. You know, I'm never I just, I never tried to screw anybody over you know, and I mean, yeah, and it shows. But at the end of the day, you've got to know, this is I don't think this will ever circle back around. But I was invited to be on somebody else's podcast and I won't say the name. But then that gentleman was having a four day online conference and he asked me to speak for 90 minutes on this conference and I said, yeah, absolutely, I'd love to do it. He was expecting, you know, four or 500 people and so I was gonna send it out to my email list and help advertise it for him and it wasn't out there for 30 minutes, and two of my closest friends, one being a really good attorney were emailing me saying, Have you lost your fricking marbles? Like this guy is the biggest con artist and scammer there is and he actually the attorney sent me case studies of actual cases that this guy lost, and how he's not in jail, I don't know and I was just, you know, took and took him at his word. He's got a reputable podcast, right? So I'll go and speak on his conference. Well, who will you associate with can reflect very horribly on you, especially on social media. So I didn't mark it to anybody at that point, I still, I still spoke because I said I would and I believe in you know, I gave my word and I and there was a lot of other speakers at that event that were good. But I would never do business with that man and so that's the same thing. If you're going to lend money, or you're going to borrow money. Do you want to borrow money from a lender that doesn't want to be flexible if you run into trouble? Yeah, for us, we've only had to foreclose on nine properties in the last 10 or 11 years of lending, which is, is very, very, very low as far as the default rate. That's not to say we haven't had other people that had problems because we have, we have borrowers that have problems every week. But we're there to help them work through it, versus the lender, that's lending money as a backdoor way of getting properties.   Michael: It's a much more adversarial relationship.   Derek: Right, so you got to vet your lender, no different than if you were vetting somebody that you're going to invest with, we have a very clear in writing no ***holes policy within our company. I swear to God! Michael: I love it.   Derek: If I have somebody that and this has happened, I've had people that had several million dollars that approached us and said, We want to invest in your company and after half an hour, 45 minutes of talking with them, we just knew they were going to be the biggest pain in our *** and we turned them down. Same thing with our borrowers. If our borrowers stopped communicating with us, and stop doing what we agreed for them to do, then the ***holes  policy kicks in and we will have to default we will have to foreclose or at least we're not going to give them a loan next time. But the life is a lot better when you wake up in the morning and enjoy doing what you're doing and dealing with people that are not fun to deal with takes away from that. Yeah, we just don't do it. You just avoid it entirely. So I'd love to work with any of your listeners, unless they're an  *hole. Don't call me.   Michael: Okay, fair enough. Fair enough. Derek, on that note for people that do want to reach out that do want to work with you that have more questions about private lending, what's the best way for them to do so?   Derek: My, my personal email address is Derek spelled DEREK, @ bestreifunding.com (Derek@bestreifunding.com)  and I keep an eye on my own emails, my if I miss something, my assistant will grab it. But I'd love to chat with anybody that's got questions and again, it's this isn't a sales pitch. I mean, if somebody just says legit questions about lending, and they have no intentions of wanting to work with me as an investor, whatever, that's totally fine. I don't it's not about that for me and then the other thing I'm writing a book right now about lending in from start to finish. What happens when an application comes in all the way through closing and servicing after the fact and that's going to be coming out towards the tail end of the year, November December it'll be published. So I'd love to give your listeners that for free the electronic version for free.   Michael: Awesome.   Derek: So they just send me an email that same email address (Derek@bestreifunding.com) , and say, hey, I heard you on this podcast and put you on the list when the books published we'll get it out to you.   Michael: Fantastic. Thank you so much and I just have an ask for all of our listeners that do reach out to Derek if you wouldn't mind please referencing that you heard him on the Remote Real Estate Investor in the subject line. So he knows where you're coming to him from. That would be super helpful.   Derek: Absolutely.   Michael: Well, Derek, this was great, man. Thank you again for coming on the show. Really appreciate it and I'm sure we'll be chatting soon. Can't wait, can't wait to read the book.   Derek: Yeah, I can't wait to finish the book because it's great when you're writing a book, except some weeks are more stressful than others trying to hit deadlines and stuff. So I'm looking forward to it, but I'm really looking forward to it being done, too.   Michael: I can imagine I can imagine. Well, hey, man, we'll definitely be in touch soon.   Derek: Awesome. Thanks so much for having me.   Michael: You got it, take care.   All right, everyone. That was our episode, a big thank you to Derek for coming on again and sharing his time and knowledge with us. As always, if you enjoyed the episode, feel free to give us a rating or review wherever it is eat your podcasts, and we look forward to seeing in the next one. Happy investing…

REIA Radio
Flipping 42 Homes In 18 Months: How To Treat General Contractors and Subcontractors The Right Way To Produce Massive Results - REIA Radio Episode 56 With Tyler Goldsberry

REIA Radio

Play Episode Listen Later Sep 14, 2022 129:34


Native to Omaha Nebraska, Tyler Goldsberry is the next guest on REIA Radio's 56th Episode. Before getting into the Real Estate game, Tyler played Junior College and Division 2 baseball for different colleges while pursuing a degree. After tearing his labrum (shoulder joint/muscle) which ultimately ended competitive baseball for him, he came back to Omaha. Tyler wanted to be a coach but couldn't because he lacked to required degree in education. He got a job working for Timberland Partners as a maintenance tech. Tyler quickly learned the ropes and earned a promotion to be the property manager of the 240 unit apartment complex where it all began. After 2 years at Timberland, he left and went to work for Orange Property Management, which is one of the companies owned by Jeri and Mike Schlickbernd, who were on our podcast on separate occasions as a co-host and guest respectively. Tyler then went on to work on bigger multi million dollar projects as a construction superintendent. After all the years of experience, Tyler went out on his own and formed Goose Construction and Alpha Homes, his construction and investing companies. At the date of this recording, Tyler had completed 42 flips in 18 months. In this interview, he shares all his secrets to keeping contractors and subcontractors happy so that they prioritize your work over others. All this and more inside this week's episode of REIA Radio! Let's dive in!       Tyler's Backstory - 27:05Tyler's Real Estate Story - 1:00:24What An Ideal Investor Looks Like for a GC - 1:07:06OT - 1:58:00You can Join the Omaha REIA at https://omahareia.com/ Omaha REIA on facebook https://www.facebook.com/groups/OmahaREIA Check out the National REIA https://nationalreia.org/ Find Ted Kaasch at www.tedkaasch.com Owen Dashner on Facebook https://www.facebook.com/owen.dashner Instagram https://www.instagram.com/odawg2424/ Red Ladder Property Solutions www.sellmyhouseinomahafast.com Liquid Lending Solutions www.liquidlendingsolutions.com Owen's Blogs www.otowninvestor.com www.reiquicktips.com Tyler Goldsberry on FB https://www.facebook.com/tyler.goldsberry.9 Alpha Homes https://www.facebook.com/profile.php?id=100082989027651 Goose Remodeling https://www.facebook.com/GooseRemodelingLLC If you like the content on Omaha REIA Radio, Be sure to give us a review on your favorite podcast platform to help others find us and leverage the knowledge and experience our hosts and guests have to offer. We greatly appreciate you for tuning in and see you in the next episode!!