Podcasts about turnkey real estate

In this conversation, Dani Robison shares her journey into real estate, discussing her initial career explorations, the mindset that led her to success, and the strategies she employed in her early investing days. She emphasizes the importance of joy in work and the drive to build wealth, which led her to vertically integrate her businesses for better control and efficiency. Dani also highlights her transition from single-family homes to multifamily investments, showcasing her growth in the real estate industry. Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

In this episode, Curtis May sits down with Dr. Axel Meierhoefer, founder of Ideal Wealth Grower and host of The Ideal Investor Show. From military service to building a passive income portfolio, Axel shares how he helps aspiring investors reach their “time-freedom point” using the GROWER Method. You'll learn why mindset trumps math, how to avoid common real estate traps, and the power of mentorship in accelerating your wealth journey.   Guest's Info Dr. Axel Meierhoefer is a former Air Force officer turned investor, coach, and founder of Ideal Wealth Grower. He is the author of The Shift in Coaching Dynamics and an international educator on real estate, mindset, and passive income strategy.   Highlights What the “time-freedom point” really means (and how to hit it) Why mindset is the first investment you need to make Axel's GROWER Method for mentoring success Turnkey investing tips for busy professionals Key questions to ask before joining any coaching program   Links and Resources from this Episode https://www.practicalwealthadvisors.com https://www.practicalwealthsolutions.net/ Email Curtis for a free report - curtmay@gmail.com  Call his office - 610-622-3121 ERC Tax Credit - https://ercspecialists.com?fpr=curtis75 Schedule a call with Curtis: https://aptwithcurtis.as.me/Strategysession CashFlow Mapping: https://practicalwealth.cashflowmapping.com/lp/PWbudgetsstink  Connect with Dr. Axel Meierhoefer Axel's site: https://idealwealthgrower.com  Axel's podcast: The Ideal Investor Show Curtis May's Money4Life Blueprint: www.practicalwealth.net  Special Listener Gift Schedule a 15-Minute Call with Curtis: https://aptwithcurtis.as.me/Strategysession   Review, Subscribe and Share If you like what you hear please leave a review by clicking here   Make sure you're subscribed to the podcast so you get the latest episodes. Click here to subscribe with Apple Podcasts  Click here to subscribe with Spotify Click here to subscribe with RSS

You can't scale smart real estate deals on guesswork.  That's why JoAnna Ross is back on the show to walk us through RP Capital's sourcing strategies, rehab requirements, and transparency practices that keep investors coming back again and again. From market research to PM analytics, you'll learn how real due diligence gets done, so don't miss out on this one.  WHAT YOU'LL LEARN FROM THIS EPISODE   Standards a property must meet before it's presented to investors Reasons why some sellers are rejected and how that protects investors How RP Capital uses the Lineage platform to vet and monitor property managers The role of local growth patterns, development plans, and tenant-friendly neighborhoods in market selection Why transparency in pricing, taxes, and property condition is non-negotiable   ABOUT JOANNA ROSS  JoAnna Ross is the Director of Acquisitions at RP Capital, a privately held investment firm focused on stable, income-producing single and multi-family opportunities in stable and emerging U.S. markets. With nearly a decade of experience in the real estate industry, Joanna has a proven track record of delivering excellence and value to clients, partners, and stakeholders by identifying and mitigating risks and opportunities.   CONNECT WITH JOANNA  Website: RP Capital LinkedIn: JoAnna Ross  CONNECT WITH US: If you need help with anything in real estate, please email invest@rpcinvest.com  Reach Ron: RP Capital Leave podcast reviews and topic suggestions: iTunes Subscribe and get additional info: Get Real Estate Success Facebook Group: Cash Flow Property Facebook Community Instagram: @ronphillips_ YouTube: RpCapital Get the latest trends and insights: RP Capital Newsletter

Keith discusses the shift from a six-figure to a seven-figure income being necessary for a comfortable lifestyle and argues that a $5 million net worth is a minimum for financial security. He explains the benefits of leveraging a car loan for arbitrage, using a 3.99% interest rate to invest in real estate with a 20-25% total return. He also discusses the current state of the real estate market, noting that home prices and rents are expected to increase by 3-5% annually. Lower mortgage rates could increase affordability and bring more buyers into the market, potentially leading to higher home prices. Two-bedroom rents have increased by 3.7% nationwide, with significant growth in Nebraska metros. Resources: Get our wealth-building newsletter free— text ‘GRE' to 66866 Show Notes: GetRichEducation.com/548 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching:GREmarketplace.com/Coach Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Automatically Transcribed With Otter.ai    Keith Weinhold  0:01   Welcome to GRE. I'm your host. Keith Weinhold today, why earning a seven figure income is the new six figures? Then a discussion on the direction of real estate prices and rents. I just bought a car though I could have paid all cash. Why did I get a loan instead? Then learn about how to perform due diligence on buying an income property with the pros and cons of turnkey real estate investing and the mistakes you must avoid today. On getricheducation.   since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors, and delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show, guess who? Top Selling personal finance author Robert Kiyosaki, get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast, or visit get rich education.com   Corey Coates  1:20   You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  1:36   Welcome to GRE from the first State of Delaware to the 50th state of Hawaii and across 400 nations worldwide. I'm Keith weinholden. This is get rich education, the voice of real estate investing Since 2014 Are we really gonna change the name away from the Gulf of Mexico? Well, I'll tell you one thing. There is zero history of hurricanes in the Gulf of America, therefore, I expect the appropriate adjustment to my insurance premiums big savings. Hey, you know, despite being a geography guy, I'm really not emotionally invested in this movement to change the names of giant pieces of real estate like Denali back to Mount McKinley and the Gulf of Mexico to the Gulf of America. It's only a little interesting to me. I mean, there are just more significant things to concern oneself with. So call it either one. I don't care. I know what you're talking about. Before we talk real estate, let's discuss your personal finances. I recently watched Dr Steven Franson speak surfacing this topic, and it got me thinking, when it comes to annual income, is you earning seven figures like the new six figures. Now, I guess that earning six figures could still be a short term goal to some people that are new to the working world, but maybe as little as a decade ago, having a six figure income was aspirational, or even a sign that you made it, or could even feel wealthy. I remember that today that is so far gone. Now, of course, it depends on where you live, but today, you need 50k just to survive. Your housing would be pretty standard in that case, and I don't know that you could get much fresh, healthy food at 50k per year, you might still have to be living with your parents. You need 100k just to sort of live. Perhaps that's if you're single and you're near the coasts, or you're married without children today, you need 200k for a life with travel and some dining out. I mean, you couldn't really even ball out on your vacations, like on 200k you're gonna balk at 500 bucks a night for a resort hotel. I mean, you're staying at more of a hotel than a resort, but at 200k of income, you can usually do some discretionary spending. At 300k in a lot of places, that's what a full family needs, a household with kids in order to live a little bit beyond that, and that's a combined income both spouses. If you make 450k today, now you're able to travel pretty well. You're probably still flying coach more than first class at 450k you may or may not be paying for the airline lounge, but you are staying at some comfy hotels. You really need to make $1 million a year today to live pretty close to all out fly first class travel well. But you're still flying commercial on a million dollar salary. You're not chartering anything. If that has not bought you time to cook, you can afford an executive chef with a million dollars so that you don't have to eat restaurant food. You know, restaurant food, even at finer restaurants, is laced with seed oils. This is why what used to be a six figure lifestyle is now a seven figure lifestyle. My spin here on this also is whatever you do at any income level, 50k a year to a million bucks a year or more, buy enough time to exercise that's something that's going to matter both to you and to those that you love over the long term. All right, so that's income. How about when it comes to net worth? There is a minimum amount in my mind that you need to have in net worth for me to say that you've got it made in America today. What do you think that number is? How about that? What do you think is the threshold? What's your thought? It is $5 million that is just a starting point, a minimum net worth that you need, if you just invested that you could probably live off its income for the rest of your life. For most people, compound interest will not get you to the $5 million net worth Mark anytime soon. Only leverage will. But yeah, after the COVID induced wave of inflation years ago, you've gotta recalibrate what you think of as a lot of money, and some people haven't caught up with this still. Now, I was on that great riverboat tour of Chicago not long ago. I think I brought this up to you in a previous episode, but you know, one thing that struck me as odd was that the tour guide, he was describing Chicago skyscrapers and the architecture around us, and he said they poured millions into that project. I mean, really emphasizing that millions were spent. I mean, today millions can mean as little as 2 million. That's an amount so tiny today for a construction project that what is that like, four average homes would be $2 million I mean, some entire counties in the Bay Area have a median home price of more than $2 million just one mediocre home. So let's talk about the direction of home prices and rents nationally here. Now I do not think that home prices or rents can really climb a whole lot over the next year, like 10% appreciation. I don't see it now. I also don't see how home prices and rents could fall substantially. The reason that prices cannot spike dramatically, it's still due to an affordability constraint, and I don't expect that prices or rents are going to fall a good bit either, or really fall significantly at all, because housing demand still exceeds supply. So that's the constraint on the downside. Really, nothing has changed there. The average for sale home today, it gets between two and a half and five offers that obviously depends on the area, so you keep seeing both prices and rents increase at this range of three to 5% that's the zone that we're in now, and we've been in that zone for most of the last Two years. Really pretty modest, not exciting, appreciation rates. Zumper tells us that two bedroom rents are up 3.7%   nationwide. Rents have actually declined in some Sunbelt cities, Durham, North Carolina and Nashville are some big losers I was describing Austin to you a few weeks ago. Do you know that two national leaders in rent growth are both in the same state. Yes, these two cities are both up more than 20% in rents year over year. It's in the Midwest. Any idea where I'm talking about it is Lincoln and Omaha, Nebraska both up over 20% and perhaps recent GRE listener guest grant Frankie is happy about that. He's the only person I know that invests predominantly in Lincoln, and this is due to strong job growth and also that supply that still hasn't kept up with demand. Now back to my point about how nationally, both rent growth and price growth are still pretty modest, which is still a highly profitable formula for a leveraged investor that bought right But historically, it is kind of boring. Many believe that as soon as mortgage rates fall sharply, and a lot of surveys show this, if. That five and a half percent is the magic mortgage rate level that will increase affordability so much that home prices will soar. I'll tell you my spin on that is maybe even that remains to be seen from listening to me for 10 and a half years now, you know that the direction of the economy has a substantial effect on housing, rents and prices, a force bigger than just mortgage rates. And when mortgage rates fall and other interest rate types fall, that usually means that the economy needs the help, which might mean that employment is down. If employment falls, home prices can still rise. They usually do, but perhaps not as much as you thought they would. So my point is, is that when mortgage rates fall significantly, that does not automatically translate into soaring price growth. Again. You gotta take history over hunches. If there's one thing that feels a little different in this cycle though, it's that we do have this palpable amount of pent up housing demand, so lower rates really could bring a lot more buyers off the sidelines. So therefore, it is possible that home prices will soar if rates really plummet. It is just not axiomatic. Now I just bought a new car, though I could have paid all cash. I chose to get the loan. And before I tell you about why I considered not getting a car at all and just using Uber Lyft ride sharing services forever. But sometimes I like to go off the beaten path and trek in some remote places. So that just wouldn't work. I also travel a good bit, and I considered not owning any car that's tethered to just one place. It's just not that efficient. But it came down to freedom. I enjoy my freedom and autonomy to hop in my own car and drive it on a whim. Though I could have paid all cash for this new car purchase, I chose to put the minimum amount down, and I got a loan for about 95% of the cost of the car. Why would I do that? Car debt is surely not as good as real estate debt. With car debt, I have to repay my own loan. I cannot outsource these car debt payments to tenants, and the payment is about $900 a month. I'll have to pay all of that myself. Also, unlike real estate, a car is a depreciating asset. Unlike mortgage interest, car loan interest is typically not tax deductible either. I'm not going to rent this car out through Toro and try to get an income stream off the car. Nothing like that. So this might sound like three strikes against a car loan. I've got to make the payment myself. It's declining in value, especially as a new car. It starts depreciating fast as soon as I drive it off the lot, and I'm not going to have any tax breaks. Oh, come on. I mean, that might sound like bad debt to a lot of people. Leading GRE I am a staunch advocate for good debt. So why did I embrace a car loan to the maximum leveraged amount? Because I am making my car loan good debt. The definition of good debt is debt that makes money for you. Car loan debt is secured, meaning there is underlying collateral, the car itself. And by the way, credit card debt is an example of unsecured debt. The big reason, though, is the financing through the dealership BMW is a 3.99% interest rate for five years, my credit's perfect. So I got a good rate there. Therefore this car loan is a simple arbitrage play. I'm borrowing at a lower rate to invest at a higher rate. Look, even if my car loan rate were double 8% I would probably still get this car loan, but it's 3.99How do I have confidence that I'm going to beat that on an annualized basis over the next five years? Well, first future inflation expectations are elevated, like I touched on on last week's show, if true, inflation the real diminished purchasing power of your dollar over the next five years is 4% I mean, that's a break even for me, right there already, but I'm gonna do a lot better than that. As a real estate investor, I know that instead of sinking this money into the car, that's enough of a down payment for a rental single family. Home or almost a low cost duplex, and being cognizant that real estate pays five ways, I expect a minimum of a 20 to 25% total rate of return with low risk. Now, if you're a new listener, that last part sounded far fetched. I know that's okay. You just don't know how to calculate your ROI for an income property with a loan. Yet another way to describe my strategy here is though I could pay cash, why would I tie up that many funds in a car? So I'm cognizant of opportunity cost. Opportunity cost means that you're missing out on a greater benefit when you choose one option over another. This loan approach also keeps me more liquid. Look, keep your money. Don't give it to a bank. Make your bank take five years to get all the money, while my $900 monthly payment stays fixed the whole time as inflation just keeps relentlessly debasing the bank's payment that they get from me. I mean, with that part, it works the same way as it does in real estate or any fixed rate loan that you could get. Be mindful, by paying all cash, you would not improve your net worth at all. Nothing happens to your net worth. Paying all cash reduces both your asset column and your debt column by the same amount, and it hurts your liquidity. Now, if you've got an emergency, you could be in a case where all of your funds would be gone if you paid all cash, they're inside the car, and you might not be able to extract them back out. All right. Well, what about the depreciating asset part of this equation? That's what most cars are. Well, just like a piece of real estate, your car's value will rise or fall regardless of your equity position. That doesn't influence it at all. So I will be underwater on the car. That's a way that some people might look at it. That means that I'm going to owe more on the balance than the car is worth. That appears irresponsible to some people. Well, yeah, that just means that the bank's money is tied up in the car, not mine. I've got it off giving me a good return. Look, when you have loans, you have another type of leverage, and it's not the mathematical type that I often discuss here. I mean, have you ever owed a friend money when something untoward happens? Who is motivated to talk between the two of you? You are your friend, your friend. They're going to be the one that's willing to work with you and help you out. They've got to give you levers when there's a mal apropos occurrence and the borrower loses their job or has a medical disaster and a huge bill, the person that's owed the money is always going to keep communication lines open with you, you as the borrower, are the one that is in control. Keep your debt on, keep your own money, stay in control. And how is this car loan making money for me, if I get a, say, 23% total return from income property and keep paying a 4% car loan, that is 19% arbitrage, I mean, what an easy choice. Again, the definition of good debt is debt that is used to increase your wealth. So getting the Max car loan allows me to avoid paying that opportunity cost of having all the funds tied up in a depreciating asset. And that is how a real estate investor buys a car. Now you're a smart investor. I mean, we have a really wise, responsible audience comprised of people just like you. But what would be some reasons that a real estate investor should pay all cash? Because there are some, and a lot of them revolve around, if you're financially irresponsible, if instead you got a car loan so you could stay liquid and maintain your life as a profligate and reprobate gambling degenerate and lose it all on sports gambling through the freaking Draft Kings and FanDuel apps. Okay, that's not a good reason. But as a GRE listener, that probably is not you. I was probably not talking about you, right. There another reason to pay all cash rather than getting the loan like I have, is if you don't have the liquidity to service the 900 Dollar monthly debt payment yourself, you could be over leveraged. See the chunk that I'm investing in real estate instead of the car that real estate will produce income for me, but it actually will not produce as much as $900 in cash flow to fully offset the car payment. Now it's going to produce a few $100 but my arbitrage is being created with the summation of all of real estate's five profit centers. I've got the whole shebang now, the leverage appreciation, the cash flow, the ROA, the tax benefits and the inflation profiting all coming at you. All five. My liquidity comes from elsewhere. A third reason why a real estate investor would want to pay all cash for a car is because say that you would effectively be forced to pay all cash for the car. Because if you took on a $900 monthly payment, that would dent your mortgage loan qualifications, debt to income ratio that mortgage loan underwriters are going to look at it would hike up your DTI so much that you couldn't qualify for future income property loans. So right, there are, what was that? Three reasons that a real estate investor would want to pay all cash if they could. But let's not lose the bigger point I was talking about the exceptions there. The bigger point is that consider getting the maximum loan for your next car, or even getting a loan against your current car if you already have one without any debt on it. It's actually a rational approach, because you want to consider the loan first, since this is your money, you earned it, approach it with the strategy first of keeping your own money that you traded away your finite life's time for. Think of keeping it first and only then consider giving it away next. I am getting the biggest car loan that I can and making the minimum monthly payments all 60 months five years, I did the same thing with my last car. It is an easy choice for me in just one word, it is for the arbitrage one word, most experienced financiers and real estate investors have not been exposed to those ideas that I just shared with you, and at the least, I am confident that I just gave you something to chew on mentally. There I've been talking about the intersection of your personal finances and real estate investing. Today, I'm your host, Keith Weinhold here on episode 548 of the get rich education podcast    what have GRE listeners been doing these past few weeks, they have been scooping up BRRRR properties, employing the buy, renovate, rent, refinance and repeat strategy fueled by GRE 's recent live event. You can watch the video of the event on demand right now, get an understanding of the strategy, see why it's so lucrative, and if it interests you, even get you paired up with actual property addresses conducive to the strategy. You can do that at GRE webinars.com this event can indelibly elevate your entire socio economic class and shape your legacy. That is a deep statement. Hey, this is what 8x leverage and $500 plus of cash flow on each single family rental property can do for you with the burr strategy in Cleveland. I mean, how much earlier will this allow you to retire? The event is free to watch. You can watch from home. I mean, come on, what else are you going to do at home tonight? Spend that time cleaning out your closet or smoking meats. Maybe at least, spend that time getting a car loan. What's the opportunity cost of you smoking meats tonight when you can actionably Build a real estate legacy with the BRRRRstrategy? Strategically outsource the meat smoking to somebody else. That's what I do. It does not take much to get started. These pre renovated homes are often about 60k some GRE followers have already bought two or three at a time. You'll see Jerry's investment coach Naresh and event co host Phil. I mean, just watching him talk is amazing. Phil is America's preeminent authority on burr real estate investing. Again, you can watch the event right now, and I don't know how long we'll keep it up for, just visit GRE webinars.com    Next fatal mistakes that you've got to avoid when buying income property with some vital due diligence tips. I'm Keith Weinhold. You're listening to get rich and. Vacation.    You know what's crazy? Your bank is getting rich off of you. The average savings account pays less than 1% it's like laughable. Meanwhile, if your money isn't making at least 4% you're losing to inflation. That's why I started putting my own money into the FFI liquidity fund. It's super simple. Your cash can pull in up to 8% returns, and it compounds. It's not some high risk gamble like digital or AI stock trading. It's pretty low risk because they've got a 10 plus year track record of paying investors on time in full every time. I mean, I wouldn't be talking about it. If I wasn't invested myself, you can invest as little as 25k and you keep earning until you decide you want your money back. No weird lockups or anything like that. So if you're like me and tired of your liquid funds just sitting there doing nothing, check it out. Text family to 66866, to learn about freedom, family investments, liquidity fund, again. Text family to 66866    Hey, you can get your mortgage loans at the same place where I get mine, at Ridge lending group NMLS, 42056, they provided our listeners with more loans than any provider in the entire nation because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. You can start your pre qualification and chat with President Chaeli Ridge personally. Start Now while it's on your mind at Ridge lending group.com that's Ridge lending group.com   Robert Kiyosaki  26:49   this is Rich Dad, Poor Dad. Author Robert Kiyosaki, listen to get rich education with Keith Weinhold. And the reason I respect Keith, He's a very strong, smart, bright young man.   Keith Weinhold  27:10   Welcome back to get rich Education. I'm your host. Keith Weinhold, it's been a while, but I know that I shared with you before that my first ever out of state rental property that I bought ended up being a loser, and this is despite the fact that the turnkey provider and property manager that I was hiring for the property, they even told me not to buy the property because they couldn't keep it occupied in that neighborhood, and they told me to buy a different one instead. I didn't listen. I bought it anyway, and I lost we couldn't keep it occupied, so after a few years, I sold it to an owner, occupant, family for a small profit, but it was after years of negative cash flow, so there really wasn't any profit there, because, like I just said, we couldn't keep it occupied with a rent paying tenant that was back in 2012 near Fort Worth Texas. I bought it because it was cheap, just 153k and it looked pretty. It was brick. Those are both bad reasons to buy. Cheap doesn't always mean good. And the fact that a property looks pretty, I mean, I guess that's a somewhat good thing, but it should not be a deciding factor. I was never going to live there facts Trump feelings in investing. So my first bad experience was totally avoidable. I can only blame myself. Let me tell you about some other fatal mistakes to avoid, as we talk about some turnkey real estate investing due diligence. Since turnkey means all done for you, or another way to describe the property is a rent ready property. You know that word turnkey? It's sort of this compelling, even seductive buzzword, and it just might make you think that, ah, everything is just handled now and forever. It's gonna sail along just fine. No, it won't. Now, this is the type of investing that can change your life. This is the real estate pays five ways. Compound leverage Trumps compound interest, type of vehicle. Financially free beats that free type of vehicle. You're winning the inflation Triple Crown all those great, formulaic GRE mantras, but you better check to make sure before you get too far into it. And that's why we're talking about vital due diligence here. I think you know by now that turnkey, it means a property that's really just got three things. It's already renovated or new. Secondly, has a tenant in it, and it has professional property management from day one. Now, the property providers at GRE marketplace, they are some of the good ones. They have good reputations. Many have been in business for a long time, but some others do not. So what about a provider? Provider that's in, say, Oklahoma, but you live out of the area on one of the coasts, and this Oklahoma provider, they're trying to pass off a property in Oklahoma City or Tulsa to you, it's actually in a class D neighborhood the worst. And they're sort of presenting it like it's a Class B minus neighborhood, right? How can you hedge against that? How can you know that things are not being misrepresented to you? Well, of course, everyone knows about Google Street View. You're probably going to look at that first that's going to tell you about the street scene. It's free to use a paid service that gives you neighborhood analytics. Is it neighborhoodscout.com you want to verify crime rates in areas, income levels, poverty levels, education levels and school quality to make sure that the property characteristics are what you are being told, and some of those attributes always matter with property. I mean, crime rates matter because even though you're not living there so you're not going to be able to retain respectable rent paying tenants that would tolerate a high crime neighborhood. Understand, though, that not all crime data is the same. Violent crime is probably the worst shoplifting, I'll call that in the middle. And then most traffic violations, they're light crimes. Now, if you're buying a single family rental type, of course, the quality of the school district, well, that's going to matter more than if you're buying a building of little efficiency apartments where the school district hardly matters there, because you're not catering to families. I've mentioned before that we go look.com. Is a service where you can hire an independent inspector, not even a real estate related person, necessarily, but just an independent on the ground inspector to just go check out a neighborhood at any hour of the day or night. Now, if you have any question about the out of state neighborhood that you're buying in an easy way to get a check on the decency of the neighborhood is something really simple. Make sure the turnkey provider owns properties in the area that they're selling to you. This helps ensure that they're not offloading their problem properties onto you. That's something that's probably only going to happen with an inexperienced provider that doesn't have a reputation to protect yet. But when it comes to neighborhood quality, once I'm pretty serious about buying a property, do you know who I usually get reliable information from? And it's virtually free, and you're contacting this party anyway, so it's so easy for you that is just simply ask your property inspector. I mean, you always want that independent, certified Property inspector to walk inside every room of your prospective purchase, and they make that punch list for your seller before you close that's on either a renovated or a new build property always get that inspection. I've talked about that before, and that often costs $500 or less on a single family home, and today it's about $800 or less on a duplex, well before my inspector even checks out the place. I like to let them know that I live outside the area, and I want their insight on the neighborhood as well. I mean, inspectors live locally there, so they'll probably be able to give you a good answer before they even do your physical inspection. They already know the area really well, and it doesn't even cost you any more above your normal inspection cost to just get a little on the ground intelligence. And of course, your inspector works for a company independent of your property provider, so their information should be unbiased. They work for you. Now after the inspection, how about your appraisal and some due diligence with that, what if your appraisal comes in low. Everyone wants to talk about if your appraisal comes in high, that's instant equity that you have, but see if the appraisal comes in low with a turnkey property where everything was renovated, that may or may not be a problem, because the comparables that were used for your valuation, they don't have everything renovated in them like your property does. So the subject property, the one that you've got under contract to buy that could very well have a lot of say, new plumbing, electrical, HVAC, the roof, bathrooms, paint, flooring, lighting, kitchens. I mean, most, or all of those components could be new in yours. It's common for yours to have all those components, and then the comparables do not have those now, you and your seller, you will have to negotiate on who's going to close the appraisal gap. I've discussed that part on a previous episode, but I'm point. Out how you can still be getting value even when your appraisal is low and it's worth it. Down the road, you're going to have less maintenance headache than your appraisal comparables will most of the time. Turnkey properties are renovated to cover major systems, and that means you do not have major expenses. Soon these expenses get wrapped into your mortgage payment, and that's a lot better for you than coming out of pocket three years later to replace an entire roof. Another thing to keep in mind is that a property provider that's been in business for a lot of years, they do not have interest in selling you a lemon of a property and hurting their reputation, but that seller does have a little interest in getting the maximum dollar. I mean, that's almost intrinsically natural in human beings. I mean, everyone has that motivation, just like you do when you sell your property down the road. So these rent ready or turnkey properties, they're almost always better if you're a busy professional or you just want to spend your time doing something else. I mean, I think that's a pretty well established concept in the investing industry, but I really think these rent ready properties, they are better for even more people than just busy professionals. I mean, consider the alternative, if you try to screen and identify a property yourself and do all the rehab and manage the contractors. I mean, first of all, you can be dealing with a hard money loan where you're paying four or five points plus a 12% interest rate, since that's all that's available for distressed properties, and unless you have experience managing contractors, oh, boy, you could have construction timelines that go over by several months. Well, now that can eat a huge portion of your investment that you thought you were making. You're paying 12% and you have no tenant all this time, but instead, when you buy a rent ready property, and you've got the best mortgage rates and terms from day one, and you've got a rent paying tenant from day one, and not all these headaches and time lost and contractors are trying to manage with turnkeys at GRE marketplace, those rehabs are done by crews that work full time for the turnkey provider, so they work at more affordable rates than what you could get as an out of state buyer if you're trying to patch together contract and crews yourself. So at scale GRE marketplace providers, they're also dealing with the same material types over and over again, so they're faster at doing it. The materials are also reliably sourced. You won't have the 10s or hundreds of hours managing all this, checking with the rehabbers, checking for quality control, making sure the amount of work that you were paying for was actually done. I mean, some people listen to this show and they had that real estate pays five ways, epiphany, that big light bulb moment, but then they try to do this rehabbing and investing themselves to save a few dollars, is what they thought, and it's rarely worth it. So avoid the massive time commitments with all this. I mean, you're also going to be doing other things, coordinating inspections and permits with city municipalities. I mean, what a nightmare. GRE marketplace providers, they've already done all of that for you and more now that you've bought the property, all right, what about the potential for poor management? Choosing your property manager is of utmost importance, because that person or firm, they're going to vet your tenants, handle the repairs, collect your rents and take care of any other issues at your rental property. They'll understand the local landlord and tenant law, you're going to be seeing the property infrequently, if you ever see it at all, so keeping an eye on things becomes key. Now, once you own the property and you have the tenant in there, there is always the potential for your property manager to do a poor job, costing you money, making your investment less lucrative, I like to ask my manager if they do regular property inspections, like getting inside the unit every six months. Now, you can read online reviews, like the star reviews, the number of stars for property managers. I mean, that could be helpful. It can also quickly get misleading. You can get a lot of bad reviews on an adequate manager. Because property management is such a tough job, I think that one of the best things you can do when vetting a property manager is to ask a friend. A lot of people don't have that option. So then do a search on the bigger pockets. Forums for your prospective property manager. So read reviews. Don't just look at star ratings. And I'll tell you, property management is one of the few areas in my life where I am willing to accept a service level of adequate or mediocre. Almost no one raves about their property manager, but I do have managers because they are the guardians of my quality of life, of your standard of living. We want them to serve our tenants, but I don't want 80 tenants being able to text message me. So there you go, armed with a number of due diligence items that can help you make sure that you buy your next income property, right? GRE marketplace, we typically connect you with the experience providers, but I'm telling you this because it's prudent to do some checking on your own and inquiring like this too, in case you have any doubt. Now, you notice on GRE marketplace, where you can connect with free investment coaching as well, that the properties, at times, they seem less expensive than you would expect. Why is this? Well, investor advantage markets, they have low prices. I mean, that's just one reason that they are investor advantaged like Ohio, Indiana, parts of Pennsylvania, Michigan, Missouri, Kansas, Nebraska, Tennessee, Arkansas, Georgia, Alabama, Oklahoma, Texas and some of the other Mid Atlantic states And Florida, another reason the GRE market prices seem low is that there is no agent that has to be compensated. It is a direct model. Another reason is economies of scale. Providers provide homes in bulk, so there are savings that way, and there also aren't any owner occupied emotions evolved with income properties. Those emotions can run up the price, or what they really do is they keep it stuck at a high price. So to help you review what you've learned today, a seven figure income is the new six figures. Real estate prices and rents just keep moving up, but modestly for the time being, a car loan can be good debt when you have a reasonable expectation that you can create arbitrage and sufficient liquidity in your life. And though income property is perhaps the most proven wealth generator ever, there are some mistakes to avoid when it comes to buying right between the guidance that you have today and the help of our completely free investment coaching another safety layer. If you're confident that it can benefit you, I encourage you to engage and move at the speed of instruction. It's the only way that you'll benefit I built this resource. I really wish it existed when I started out, and it's available for you at GRE marketplace.com, until next week. I'm your host. Keith Weinhold, don't quit your Daydream.   Speaker 1  43:18   Nothing on this show should be considered specific, personal or professional advice, please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively.   Keith Weinhold  43:42   You know, whenever you want the best written real estate and finance info, Oh, geez. Today's experience limits your free articles access, and it's got paywalls and pop ups and push notifications and cookies disclaimers. It's not so great. So then it's vital to place nice, clean, free content into your hands that adds no hype value to your life. That's why this is the golden age of quality newsletters. And I write every word of ours myself. It's got a dash of humor, and it's to the point because even the word abbreviation is too long. My letter usually takes less than three minutes to read, and when you start the letter, you also get my one hour fast real estate video course, it's all completely free. It's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be easier for you to get it right now. Just text GRE to66866, while it's on your mind, take a moment to do it right now. Text GRE to 66866.   The preceding program was brought to you by. Your home for wealth, building, getricheducation.com.    

Send us a textClark St Digital helps you grow your real estate company with:Amazing Overseas Talent who cost 80% less than their US equivalentsDone-For-You subscription servicesDone-For-You project servicesGo to ClarkStDigital.com to schedule your free strategy meeting. Additional Resources: Clark St Capital: https://www.clarkst.com Clark St Digital: https://www.clarkstdigital.com Keyholders Collective: https://www.keyholderscollective.com Podcast: https://bit.ly/3LzZdDx Find Us On Social Media: YouTube: https://www.youtube.com/@clarkstcapital LinkedIn: https://www.linkedin.com/company/clark-st-capital Twitter: https://twitter.com/clarkstcapital1 Facebook: https://www.facebook.com/ClarkStCapital Instagram: https://www.instagram.com/clarkstcapital

In this episode, Tait Duryea and Ryan Gibson connect with Zach Lemaster to explore the world of turnkey real estate and build-to-rent properties. They discuss the benefits and challenges of owning physical real estate, the tax advantages of rental properties, and how busy professionals can invest without becoming full-time landlords. Zach shares insights on market trends, the importance of expectation setting, and why new construction rentals might be a better option than traditional rehabs.Zach Lemaster is the founder and CEO of Rent to Retirement, a leading turnkey real estate investment company. A former Air Force optometrist, Zach transitioned into real estate investing, building a successful portfolio of residential and commercial properties. He specializes in helping busy professionals acquire cash-flowing rental properties in high-growth markets, leveraging tax advantages and strategic financing. Through Rent to Retirement, he provides investors with turnkey opportunities, including build-to-rent properties, that offer passive income potential with minimal hands-on management.Show notes:(0:00) Intro(4:49) Zach's background: from Air Force to real estate(7:37) Why real estate is the IDEAL investment(18:52) What is turnkey real estate? Pros and cons(28:15) The biggest surprises and challenges for new investors(32:50) Build-to-rent: a growing investment trend(40:15) The risks of leverage in real estate(50:49) OutroConnect with Zach Lemaster:LinkedIn: https://www.linkedin.com/in/zach-lemaster-7b1530238/ Website: https://www.renttoretirement.com — You've found the number one resource for financial education for aviators! Please consider leaving a rating and sharing this podcast with your colleagues in the aviation community, as it can serve as a valuable resource for all those involved in the industry.Remember to subscribe for more insights at PassiveIncomePilots.com! https://passiveincomepilots.com/ Join our growing community on Facebook: https://www.facebook.com/groups/passivepilotsCheck us out on Instagram @PassiveIncomePilots: https://www.instagram.com/passiveincomepilots/Follow us on X @IncomePilots: https://twitter.com/IncomePilotsGet our updates on LinkedIn: https://www.linkedin.com/company/passive-income-pilots/Do you have questions or want to discuss this episode? Contact us at ask@passiveincomepilots.com See you on the next one!*Legal Disclaimer*The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group. The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions.

In this episode, Lindsay Davis discusses the top turnkey real estate markets for 2025, including market volatility and economic fundamentals. This episode highlights successful markets like Huntsville, Alabama, and Birmingham, while also examining the pitfalls of markets like Boise, Idaho. The episode concludes with a detailed analysis of various emerging markets, providing insights for investors looking for long-term success in real estate.—To learn more about our full-service turnkey operations, check us out online at www.spartaninvest.comConnect with Spartan!Facebook: @spartaninvestInstagram: @spartaninvestTwitter: @spartaninvestConnect with Lindsay!Facebook: @spartanlindsaydavis

Turnkey real estate investing isn't always the most lucrative option, but with vertical integration and solid core principles, it can be a long-lasting path to successful real estate investing. On this episode of Zen and the Art of Real Estate Investing, Jonathan sits down with Liz Nowlin and Terry Kerr of Mid South Homebuyers. Terry is the President, and Liz is the Director of Investor Relations. Mid South is the oldest turnkey provider in the U.S., operating in Memphis, Tennessee, and Little Rock, Arkansas. As their conversion begins, Jonathan, Liz, and Terry explore how Liz and Terry met and their entrances into turnkey real estate investing. You'll hear why real estate hasn't changed as much as people think, the importance of keeping tenants happy, and the benefits of having slightly under-market rents. Liz and Terry explain the vertical integration of Mid South Homebuyers, why they keep their properties maintained, and where they source deals. Jonathan, Liz, and Terry discuss the adjustment in the buyer pool, why they maintain a warehouse that stores supplies, and their intent to remain focused on the Memphis and Little Rock markets. Liz Nowlin and Terry Kerr's strategy involves keeping tenants happy, and you'll hear how this makes all the difference in their turnkey investing model. In this episode, you will hear: Liz Nowlin and Terry Kerr's entrance into turnkey real estate investing Why real estate hasn't changed as much as people think it has The importance of keeping tenants happy Benefits of having slightly under-market rents in place and why they don't charge application fees Vertical integration that allows Liz and Terry to offer a top-notch product Keeping your properties maintained and experiencing the positive ripple effects from that Sourcing deals and what Liz and Terry focus on buying The adjustment in the buyer pool and who their typical investors are Where they source their materials from, why they have a warehouse that houses them, and how they get better pricing with contractors New construction, how that impacts their business model, and why they're focused on Memphis and Little Rock for now Their ideal investor avatar Follow and Review: We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://zenandtheartofrealestateinvesting.com/podcast/208/ to download it. Supporting Resources: Mid South Home Buyers - midsouthhomebuyers.com Terry Kerr's YouTube channel - www.youtube.com/@Rehab2Riches Mid South Home Buyers on Facebook - www.facebook.com/profile.php?id=100057060956060 Connect with Liz Nowlin on LinkedIn - www.linkedin.com/in/liz-nowlin-176b2626 Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.

I often talk about Turnkey Real Estate but what does it mean? No one really uses the term outside of the investment space but it means that it is passive income. I'll show you where you can do invest in single family homes without doing any of the work.

Marck de Lautour graduated with a Masters Degree in International Business Management, from University of Missouri – Kansas City. He is Founder and CEO of SBD Housing Solutions, a Real Estate Investment firm based in the Kansas City area. He has been investing in real estate since 2002 and has successfully flipped over 2,000 homes in the United States of America. His property management firm now manages over 700 rental homes.Marck's investment firm specializes in delivering quality rental investment opportunities to passive investors looking to deploy their capital outside of the stock market into alternative investments. The SBD team's mission is to help investors deploy $1 billion into Real Estate by 2030.He also loves to invest in multifamily apartment complexes and has successfully raised over $10mill to deploy into assets through the Midwest.In this episode:Residential Real Estate Preferences and Market EfficiencyTechnology and Scaling in Real Estate BusinessSBD Housing Solutions and Business DivisionsCollective Genius and Mastermind CommunitiesThe importance of education and continuous learning Real Estate InvestorsThe biggest impact of Collective Genius on Marck's careerAdvice for New Real Estate InvestorsI Suvived Real Estate is on October 25, 2024To purchase an individual ticket please Click HERE!More info HEREThe Norris Group originates and services loans in California and Florida under California DRE License 01219911, Florida Mortgage Lender License 1577, and NMLS License 1623669.  For more information on hard money lending, go www.thenorrisgroup.com and click the Hard Money tab.Video LinkRadio Show

Join host Bryce Kaminsky on this insightful episode of the Property Profits Real Estate Podcast as we dive into the world of turnkey real estate investments with expert Axel Meierhoefer. Discover how you can achieve financial independence and protect your assets for future generations through strategic real estate investments. Axel shares his journey from the corporate world to becoming a successful real estate investor and mentor, offering actionable advice and unique strategies that have helped him and many others build wealth through real estate. Whether you're new to investing or looking to expand your portfolio, this episode provides valuable insights into out-of-state investments, overcoming common investment hurdles, and the concept of the Time Freedom Point—where your investments start providing you with the option to live life on your terms.

Marck de Lautour graduated with a Masters Degree in International Business Management, from University of Missouri – Kansas City. He is Founder and CEO of SBD Housing Solutions, a Real Estate Investment firm based in the Kansas City area. He has been investing in real estate since 2002 and has successfully flipped over 2,000 homes in the United States of America. His property management firm now manages over 700 rental homes.Marck's investment firm specializes in delivering quality rental investment opportunities to passive investors looking to deploy their capital outside of the stock market into alternative investments. The SBD team's mission is to help investors deploy $1 billion into Real Estate by 2030.He also loves to invest in multifamily apartment complexes and has successfully raised over $10mill to deploy into assets through the Midwest.In this episode:Craig welcomes Marck de Latour, expert in turnkey real estate investments Mark's Journey to the U.S. and Early LifeFamily Influence and Early AchievementsTransition to Real Estate and Early ChallengesBuilding SBD Housing SolutionsPivoting to Direct-to-Seller MarketingThe Role of Accountability and Process in BusinessI Suvived Real Estate is on October 25, 2024To purchase an individual ticket please Click HERE!More info HEREThe Norris Group originates and services loans in California and Florida under California DRE License 01219911, Florida Mortgage Lender License 1577, and NMLS License 1623669.  For more information on hard money lending, go www.thenorrisgroup.com and click the Hard Money tab.Video LinkRadio Show

Join us in this episode with Scott Stanfield, a real estate expert, as we dive into the world of turnkey real estate investing. Learn how Scott started his journey from managing luxury condos to becoming a master in turnkey rentals. Discover key insights on sourcing deals, managing properties with ease, and navigating today's challenging real estate market. Perfect for high-income professionals looking to invest in real estate as a reliable inflation hedge. Scott also shares his strategies for preparing for market shifts and the upcoming election. Disclaimer: Not advice. Educational purposes only. Not an endorsement for or against. Results not vetted. Views of the guests do not represent those of the host or show. Do your due diligence. Click here to join PodMatch (the "AirBNB" of Podcasting): https://www.joinpodmatch.com/drchrisloomdphd We couldn't do it without the support of our listeners. To help support the show: CashApp- https://cash.app/$drchrisloomdphd Venmo- https://account.venmo.com/u/Chris-Loo-4 Spotify- https://podcasters.spotify.com/pod/show/christopher-loo/support Buy Me a Coffee- https://www.buymeacoffee.com/chrisJx Click here to schedule a 1-on-1 private coaching call: https://www.drchrisloomdphd.com/book-online Click here to check out our e-courses and bookstore here: https://www.drchrisloomdphd.com/shop Click here to purchase my books on Amazon: https://amzn.to/2PaQn4p For audiobooks, visit: https://www.audible.com/author/Christopher-H-Loo-MD-PhD/B07WFKBG1F Follow our YouTube channel: https://www.youtube.com/chL1357 Follow us on Twitter: https://www.twitter.com/drchrisloomdphd Follow us on Instagram: https://www.instagram.com/thereal_drchrisloo Follow us on Threads: https://www.threads.net/@thereal_drchrisloo Follow us on TikTok: https://www.tiktok.com/@drchrisloomddphd Follow our Blog: https://www.drchrisloomdphd.com/blog Follow the podcast on Spotify: https://open.spotify.com/show/3NkM6US7cjsiAYTBjWGdx6?si=1da9d0a17be14d18 Subscribe to our Substack newsletter: https://substack.com/@drchrisloomdphd1 Subscribe to our Medium newsletter: https://medium.com/@drchrisloomdphd Subscribe to our email newsletter: ⁠https://financial-freedom-for-physicians.ck.page/b4622e816d⁠ Subscribe to our LinkedIn newsletter: https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6992935013231071233 Thank you to our advertisers on Spotify. Financial Freedom for Physicians, Copyright 2024 --- Support this podcast: https://podcasters.spotify.com/pod/show/christopher-loo/support

00In this episode, Zach Lemaster shares his journey from being an optometrist to becoming a full-time real estate investor and co-founder of Rent to Retirement. He emphasizes the importance of taking action and not getting stuck in analysis paralysis. Zach explains the concept of turnkey investing and how Rent to Retirement helps investors build their own real estate portfolios in different markets across the country.  3 Key Takeaways: Strategic Market Selection: Zach explains the importance of identifying and investing in the best real estate markets nationwide, emphasizing factors like cash flow potential, appreciation, and overall ROI. Turnkey Real Estate Investing: Discover how Rent to Retirement helps investors by providing a fully managed, turnkey solution for acquiring and managing properties, allowing for passive income generation without the usual hassles of property management. Actionable Investment Advice: Zach shares practical tips on how to overcome common barriers to entry in real estate investing, such as analysis paralysis and lack of knowledge, urging listeners to take calculated risks and leverage expert guidance. Jim and Zach Lemaster deliver a masterclass on building wealth through real estate investment, emphasizing actionable strategies and the importance of a turnkey approach. Their discussion reveals the value of leveraging expert systems to achieve financial independence.   Visit our website and Youtube channel! https://createtailwind.com https://community.createtailwind.com https://youtube.com/@createtailwind182

Single-family residential real estate may not be flashy, but it's still a great investment—especially when you choose turnkey properties. On this episode of Zen and the Art of Real Estate Investing, Jonathan welcomes Marco Santarelli. Marco is an entrepreneur, investor, author, speaker, podcaster, educator, and the founder and CEO of Norada Capital Management and Norada Real Estate Investments, the largest nationwide provider of turnkey investment properties. Jonathan and Marco begin their conversation by discussing Marco's first property flip at just 18 years old. You'll hear how Marco cultivated an entrepreneurial mindset and the personality trait that helped him get started down this path at a young age. He shares why ignorance is expensive, why he no longer budgets to the penny, and what led him to found Norada Real Estate Investments to help others invest in turnkey properties. Marco reveals two concepts every investor should know, his favorite asset class (hint: it isn't flashy), and his advice for brand-new investors. Finally, you'll hear why networking with like-minded people is critical to building your knowledge base as an investor. Buying investment properties doesn't have to mean purchasing fixers. Instead, you can consider working with someone like Marco, who specializes in matching investors with turnkey properties. In this episode, you will hear: Marco Santarelli's first property flip at 18 years old and what interested him about real estate The entrepreneurial mindset, the time freedom it offers, educating yourself, and investing in assets that create an income and equity over time The personality trait Marco possessed that helped him get started at such a young age Why ignorance is expensive and creating a target to achieve success Understanding your finances and focusing on making money versus saving your way to wealth How Marco educated himself when he first began real estate investing and before the internet The story behind the founding of Marco's turnkey real estate company The lure of turnkey properties and why no property is totally passive Two concepts Marco says investors should know Deciding whether you're a cash flow investor or appreciation-based Marco's exploration of other asset classes and what his favorite is Property management and caring for tenants like customers The advice Marco would offer to a brand-new investor and where he recommends starting Why networking with likeminded people is critical for building your knowledge base Norada Capital's goal and what makes it great for investors Follow and Review: We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://zenandtheartofrealestateinvesting.com/podcast/142/ to download it. Supporting Resources: Marco Santarelli's website - MarcoSantarelli.com Find Marco on YouTube - www.youtube.com/@MarcoGSantarelli Marco's Instagram account - www.instagram.com/marcogsantarelli Connect with Marco on LinkedIn - www.linkedin.com/in/marcosantarelli Find Marco Santarelli on Twitter/X - twitter.com/MarcoSantarelli Norada Real Estate's website - NoradaRealEstate.com Norada Capital's website - NoradaCapital.com Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - https://www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.

>>> Watch our free Revenue Management training at https://www.getpaidforyourpad.com/cfm-replay>>> FREE E-Book: 5 Most Common Airbnb Revenue Management Mistakes>>> Click here to downloadZach Leimaster, founder and CEO of Rent to Retirement, discusses how he helps people retire early with turnkey rentals. He explains that turnkey rentals involve identifying the best markets based on cashflow and building teams in those areas to offer investment properties. Leimaster emphasizes that anyone can get started investing in rental real estate, and it doesn't necessarily require a large amount of money. He shares his own journey of retiring early through real estate investing and highlights the importance of consistency and having a strategy. Leimaster also discusses the process of determining the best markets to invest in and the different types of rentals available.TakeawaysTurnkey rentals involve identifying the best markets for investment properties and building teams in those areas.Anyone can get started investing in rental real estate, regardless of their financial situation.Consistency and having a strategy are key to achieving financial independence and generational wealth through real estate investing.Determining the best markets to invest in involves factors such as cashflow, legislation, taxes, population growth, and economic diversity.Short-term rentals require attention to detail, marketing, and creating a unique guest experience to stand out in a competitive market. Hosted on Acast. See acast.com/privacy for more information.

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Join us on this enlightening episode of Financial Freedom for Physicians, where we host Zach Lemaster, founder and CEO of Rent To Retirement, and a trailblazer in the turnkey real estate investment industry. After retiring from his career in medicine in his 30s, Zach turned his focus to helping others achieve financial independence through smart real estate investing. In this episode, we delve into why turnkey rentals are an attractive investment for busy professionals in 2024, how strategic tax planning can outweigh pure cash flow tactics, and the fundamentals of building a diverse and robust real estate portfolio across the United States. Zach will share his journey from being an Optometrist and Captain in the US Air Force to becoming a professional real estate investor. He'll explain the concept of turnkey investing, why it suits certain investors, and how it can be a part of a strategy for early retirement and creating generational wealth. We'll also discuss the importance of assembling a skilled team, the nuances of different lending options including Adjustable Rate Mortgages, and the necessity of having a clear exit strategy for your investments. Whether you're a seasoned investor or just starting to explore real estate as a means to secure your financial future, this episode will provide valuable insights and actionable advice to help you navigate your investment journey. Don't miss Zach's expert analysis and the lessons he's learned from building a leading turnkey investment company. Disclaimer: Not advice. Educational purposes only. Not an endorsement for or against. Results not vetted. Views of the guests do not represent those of the host or show. Do your due diligence. Click here to join PodMatch (the "AirBNB" of Podcasting): https://www.joinpodmatch.com/drchrisloomdphd We couldn't do it without the support of our listeners. To help support the show: CashApp- https://cash.app/$drchrisloomdphd Venmo- https://account.venmo.com/u/Chris-Loo-4 Buy Me a Coffee- https://www.buymeacoffee.com/chrisJx Thank you to our sponsor, CityVest: https://bit.ly/37AOgkp Click here to schedule a 1-on-1 private coaching call: https://www.drchrisloomdphd.com/book-online Click here to purchase my books on Amazon: https://amzn.to/2PaQn4p Follow our YouTube channel: https://www.youtube.com/chL1357 Follow us on Twitter: https://www.twitter.com/drchrisloomdphd Follow us on Instagram: https://www.instagram.com/thereal_drchrisloo Follow us on Threads: https://www.threads.net/@thereal_drchrisloo Follow us on TikTok: https://www.tiktok.com/@drchrisloomddphd Follow the podcast on Spotify: https://open.spotify.com/show/3NkM6US7cjsiAYTBjWGdx6?si=1da9d0a17be14d18 Subscribe to our Substack newsletter: https://substack.com/@drchrisloomdphd1 Subscribe to our Medium newsletter: https://medium.com/@drchrisloomdphd Subscribe to our email newsletter: ⁠https://financial-freedom-for-physicians.ck.page/b4622e816d⁠ Subscribe to our LinkedIn newsletter: https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6992935013231071233 Join our Patreon Community: https://www.patreon.com/user?u=87512799 Join our Spotify Community: ⁠https://podcasters.spotify.com/pod/show/christopher-loo/subscribe⁠ Thank you to our advertisers on Spotify. Financial Freedom for Physicians, Copyright 2024

Are you thinking about investing in real estate right now but are "waiting" until rates drop? To talk about this burning question, I brought on seasoned investors from RP Capital - CEO Ron Philips and COO Heather Marchant - as they discuss whether it's a good idea to wait for rates to drop before buying a turnkey rental property. Learn about the benefits of investing in turnkey rentals and gain valuable insights from experienced investors on the current state of the real estate market. Don't miss out on this informative discussion that will help you make the best investment decisions for your financial future! Contact RP Capital - invest@rpcinvest.com RP Capital Website: https://bit.ly/4a5d6Uk Test out our freedom calculator and see if you're ready to start making passive income: https://bit.ly/3vdwNu7

Ready to level up your real estate investing game? Join us for an insightful episode with Zach Lemaster, where he shares insights that will help you unlock your investment potential. Learn to find the right properties, maximize returns, and elevate your real estate journey. Tune in now!     Key takeaways to listen for   How do you pursue wholesaling as your part-time hustle Actionable steps to strategically invest in the right locations 2 key strategies to get better tenant rates and lower construction costs Reasons why you should start investing in real estate now Powerful insights from a successful real estate investor Tips on investing in any out-of-state real estate markets     Resources D.R. Horton Rich Dad's CASHFLOW Quadrant by Robert T. Kiyosaki | Kindle, Paperback, and Spiral-bound  Rich Dad Poor Dad by Robert T. Kiyosaki | Kindle, Paperback, and Mass Market Paperback The Millionaire Real Estate Investor by Gary Keller | Kindle and Paperback    Text REI to 33777 to know more about Rent To Retirement and how they could help you achieve financial freedom and long term wealth through real estate investing.     About Zach Lemaster Zach Lemaster, a CEO of Rent To Retirement, a leading turnkey investment company. As a seasoned real estate investor and licensed broker, Zach's diverse portfolio includes single-family, multifamily, commercial, and new construction properties across multiple markets. His strategic investments allowed him to retire early from a career as an Optometrist & Captain for the US Air Force. Recognized as an industry expert, Zach has been featured in Forbes, USA Today, and Inc. 5000 and is passionate about educating others on real estate investing.     Connect with Zach Website: Rent to Retirement Podcast: Rent to Retirement YouTube: Rent To Retirement     Connect with Us Ready to level up your real estate game? Take action now to access exclusive resources, live events, and valuable insights from our experts:   1. BOOK A CALL: Visit our website at www.sendmoreoffers.com to book a call today. Our team of real estate professionals is ready to provide personalized guidance and help you achieve your investment goals.   2. JOIN OUR FREE FACEBOOK GROUP: Don't miss out on exclusive live events, networking opportunities, and valuable discussions. Simply search for "Send More Offers" on Facebook and hit the "Join" button. www.facebook.com/groups/sendmoreoffers   3. SUBSCRIBE TO OUR YOUTUBE CHANNEL: Gain access to full video interviews, expert tips, and in-depth analyses by subscribing to our dynamic YouTube channel. Stay up to date with the latest trends and strategies in real estate investing. Subscribe now at https://www.youtube.com/@sendmoreoffers   4. FOLLOW US ON INSTAGRAM & TIKTOK: Stay connected and motivated by following us Socially! Get daily doses of inspiration, success stories, and valuable insights by following @sendmoreoffers. Join our community and be part of the conversation!   Remember, success in real estate investing starts with taking action. Visit our website, join our Facebook group, subscribe to our YouTube channel, and follow us on Instagram today. Let's achieve your real estate goals together!

Are you searching for your next big wealth-building strategy? Looking for ways to strengthen your portfolio? If so, it may be time to add passive investments to your portfolio if you haven't already, specifically through turnkey.  Turnkey real estate is an increasingly popular option with a range of benefits, making it an appealing choice for individuals seeking passive income and long-term wealth accumulation. Typically speaking, a turnkey property is fully renovated and ready for immediate rental or occupancy, often managed by a property management company, either affiliated with your turnkey partner or a trusted third-party vendor.  Learn more about your ad choices. Visit megaphone.fm/adchoices

I had a terrible turnkey rental experience the last 3 years.  The property manager let his son live in the home, he never paid rent, the manager charged me for many expenses I shouldn't have paid, and I let this linger for a really long time. Too long. And that's on me.  Listen to today's episode and hear my experience and what I learned from this recent and unfortunate experience. Spoiler, it's not all bad!  Want to see your passive income potential? Check out our calculator and see how much cashflow you could start making: https://bit.ly/47OmBFN  

About the guest: Stewart Heath is the CEO and founder of Harvard Grace Capital, a company dedicated to helping individuals build wealth through stable and cash-flowing real estate investments. Learn about the Freedom Business Alliance and how they empower survivors of human trafficking through sustainable business opportunities.   Books & Podcasts recommended by Stewart: * Cash Flow Connections with Hunter Thompson - https://cashflowconnections.com/ * Who Not How - https://www.amazon.com/Who-Not-How-Accelerating-Teamwork-ebook/dp/B0867ZJ151   Relevant Links: https://harvardgracecapital.com/ https://www.linkedin.com/in/stewartoheath/   About Ray Hightower: Ray Hightower is a tech company founder and commercial real estate investor based in Phoenix, Arizona, USA. He serves as CEO of Bridgetown Partners, the creator of ROIClear.   https://ROIClear.com https://BridgetownPartners.com https://RayHightower.com   #ROIClear #Entrepreneurship​ #Business  #RealEstate   Note: ROI Clear is written without spaces: ROIClear.

Welcome to the Evolvepreneur (After Hours) Show I am your Special Host Mechelle McDonald Join me today where we dig deep with our guests and get you the best concepts and strategies to fast-track your business. My very special guest today is Zach Lemaster ... Zach Lemaster is the Founder & CEO of Rent to Retirement, a leading turnkey real estate provider. He has extensive experience in real estate investment across various property types. Zach emphasizes how investing in rental properties through Rent to Retirement can lead to financial independence and retirement. He encourages taking the first step and accepting some risks to begin the journey. Real estate offers passive income, tax advantages, and long-term appreciation. Zach transitioned from optometry to real estate investing and suggests focusing on fundamentals and investing in growing areas. He also highlights the humanitarian aspect of providing housing through real estate investment.

In this fast-paced industry, efficiency and scalability are paramount to success. That's why we invited Jesse Burrell today to help you elevate your real estate game, streamline your operations, and unlock new opportunities. Dial in to achieve remarkable results and work smarter than ever before!WHAT TO LISTEN FORKey steps an investor should take to scale their real estate businessHow to calculate the after-repair value of a propertyBatchLeads: What it is, its advantages, and ways to maximize its functionsExpert insight on usury laws and real estate financing The value of taking risks and working with the right people in businessRESOURCES/LINKS MENTIONED realtor.com®: https://www.realtor.com/ Zillow: https://www.zillow.com/ Hubzu: https://www.hubzu.com/# Auction.com: https://www.auction.com/MLS.com®: https://www.mls.com/ ListSource: https://www.listsource.com/ BatchDialer: https://batchdialer.com/ Pace Morby: https://www.pacemorby.com/ Ready to make your mark in real estate? Visit https://batchleads.io/courses to get FREE mini-courses that will provide you with the tools and know-how for unparalleled success. Don't miss out!ABOUT JESSE BURRELLJesse co-founded BatchService with siblings Anny and Ivo Draginov in 2018. As CEO, he's been instrumental in building a vision of continuous growth and improvement at the company. Under Jesse's leadership, BatchService has rapidly grown and serves more than 13,000 customers across the real estate ecosystem. Before co-founding BatchService, Jesse spent ten years in the real estate market, gaining experience wholesaling real estate before building a property portfolio with Anny and Ivo. Jesse has a bachelor's degree from Arizona State University and is a licensed realtor.CONNECT WITH JESSEWebsite: BatchService:https://batchservice.com/ | BatchLeads: http://batchleads.io/ Youtube: BatchTV: https://www.youtube.com/c/BatchTV Instagram: @jesseburrell: https://www.instagram.com/jesseburrell/ LinkedIn: Jesse Burrell: https://www.linkedin.com/in/jesse-burrell/ CONNECT WITH USTo learn more about investment opportunities, join the Cityside Capital Investor Club.Follow us on Facebook: Cityside CapitalFollow us on Instagram: @citysidecapital_tim_lyonsConnect with us on LinkedIn: Tim LyonsConnect with us via Email: greg@citysidecap.com | tim@citysidecap.com

Growing your money is like planting. You don't leave it to grow. Instead, you nurture it. It requires management and patience. In this episode, Chris Miles reveals the difference between passive income as a myth and a marketing ploy and when and how you can make it a reality. He highlights the value of being a good steward in managing your finances. Tune in now!

Real estate prices have dropped, and interest rates have climbed, is it a bad time to buy turnkey properties? Are the days of 12% cash on cash returns over? We invite Heather Marchant from RP Capital back on our podcast to get an update about what is REALLY happening in the real estate market right now. And whether you should hold off buying any real estate until things improve.

Eric Martel first turned to real estate investing as a means of earning passive income and achieving financial freedom. He then founded Martel Turnkey, which created rapid success and allowed him to retire from his day job in just four short years. Eric and I discuss preparing for retirement and developing a passive income portfolio. We also talk about the “new American dream” in terms of real estate, the benefits of renting, Eric's real estate journey, and how rental investing differs from traditional stock market investing.

In today's episode, Jonn speaks with Entrepreneur, Real Estate Investor, Co-Founder, and CEO of High Return Real Estate, LLC., Jeff Schechter. They discuss:1. What prompted him to start in real estate2. How they build their portfolioJeff Schechter started his first business right out of college and, over the years, has developed sales and marketing strategies that have worked well across many industries. Ever an entrepreneur, he's been involved in numerous business ventures.His love for real estate investing began in the 1980s when he began flipping homes that he lived in. Since those early days of torn-up kitchens and bathrooms, he's bought and sold many properties and is an active investor to this day.In his spare time, he loves riding his bike, hiking, doing yoga, and making music.Learn more about Jeff:Website: https://highreturnrealestate.com/Email:  sales@highreturnrealstate.comPhone:  (317) 588 2929LinkedIn: https://www.linkedin.com/in/reallyshecky Connect with Jonny!Cattani Capital Group: https://cattanicapitalgroup.com/Invest with us: invest@cattanicapitalgroup.comLinkedIn: https://www.linkedin.com/in/jonathan-cattani-53159b179/Jonny's Instagram: https://www.instagram.com/jonnycattani/IRR Podcast Instagram: https://www.instagram.com/theirrpodcast/TikTok: https://www.tiktok.com/@jonnycattaniYouTube: https://www.youtube.com/channel/UCljEz4pq_paQ9keABhJzt0AFacebook: https://www.facebook.com/jonathan.cattani.1

Why can't you do it all yourself? That is, identify, acquire, manage a rehab, place a qualified tenant, and manage a rental property long-term. We talk with the Founder and Investment Coordinator of who may be the oldest turnkey provider in America today, Mid South Home Buyers. They make ugly houses pretty. They only acquire houses that the Founder would be proud to own himself. Mid South Home Buyers' Terry Kerr and Liz Brody have repeat GRE buyers for their 2nd, 5th, and 9th investment houses in Memphis and Little Rock. They're passionate about how they're not snatching away homes from prospective first-time home buyers. They transform and improve neighborhoods. 4 years is the average tenant duration here. MSHB's rehabs are extensive: new roof, new HVAC, updated electrical and plumbing, all-new flooring and new cabinetry. With national supply chain issues and inflation, they've doubled their inventory of supplies. Memphis International Airport is an astounding distribution hub for the types of jobs that make great long-term tenants. It's often the highest volume cargo airport in the world.  They also offer new-build properties in Little Rock.   What about prices and rents? Memphis Rehab SFRs: Rent $780-$1,400 | Price $95K-$160K Memphis Rehab Duplexes: Price $180K-$220K Little Rock Rehab SFRs: Rent $850-$1,500 | Price $110K-$170K Little Rock New SFRs: Rent $1,300-$1,400 | Price $190K 80% of their buyers finance. 20% pay all-cash. They're so proud of what they do that they offer monthly bus tours. Learn more. Get started at: GREmarketplace.com/Memphis Our GRE Instagram Poll results show that 65% of you have your tenants pay you through the legacy banking system. I reveal all the results on today's show. Resources mentioned: Show Notes: www.GetRichEducation.com/438 Memphis & Little Rock property that  cash flows from Day One: www.MidSouthHomeBuyers.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Find cash-flowing Jacksonville property at: www.JWBrealestate.com/GRE Will you leave a review for the show? I'd be grateful if you search “how to leave an Apple Podcasts review”  and help me this way. Top Properties & Providers: GREmarketplace.com Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free—text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold

Get $75 off your first purchase of Anatomie Travel Apparel.   Do you want to own income-producing rental properties but don't know which markets to invest in? Do you worry about having enough money or time to manage an investment property?   In today's episode, find out how you can invest in turn-key, passive income-producing real estate properties throughout the US, even if you live in a different city, state, or country!   Matt Bowles, digital nomad and Founder of The Maverick Investor Group, teaches you how to start an investment portfolio of long-term rentals that can grow your wealth in five unique ways.   Matt breaks down everything from home prices and down payments to potential ROIs you can get by investing through The Maverick Investor Group.   Then, Matt and Kristin discuss a few pressing issues travelers are currently facing around the world and how we can create a positive impact while traveling.   Episode 193 Special Offers:  Get $75 off your first purchase of Anatomie Travel Apparel Try a Solis WiFi Hotspot & Powerbank for International Travel Download a package of free resources from Matt Bowles   EPISODE 193 TOPICS DISCUSSED/WHAT YOU'LL LEARN: How Matt helps people invest in turnkey real estate in the best markets. Why turnkey real estate investing is perfect for digital nomads. 5 ways to build equity through real estate, even through inflation and recessions. How to passively invest in real estate with the least money down. The lesser known benefits of owning a rental property. Potential home prices and ROIs you can get through The Maverick Investor Group. Mitigating the risks associated with passively investing in real estate. Why long-term rentals are more passive and sustainable than short-term rentals. How Matt got into a black tie gala in Ghana by buying an NFT. Current events and issues travelers are facing around the world. How travelers can make an impact while traveling the world.   QUESTIONS ANSWERED: What's going on in the US real estate market right now? How do you find property managers? What are the top US real estate markets to buy in in 2023? Are you still working in Florida since the real estate boom? Do you have any real estate investment horror stories? Do any of your clients turn their properties into short-term rentals? Can anyone from any country invest with The Maverick Investor Group? What types of people make an income from long-term rental properties? Do you have your own real estate portfolio? Can real estate agents work with you? And more!   RESOURCES Resources for Digital Nomads: Invest in Real Estate: The Maverick Investor Group   Recommended Books: Kitchen Confidential by Anthony Bourdain   Related Podcasts: Listen to Part 1: How To Choose Your Next Travel Destination with Matt Bowles of The Maverick Show How to Build a Location Independent, Passive Income Business with Matt Bowles How to Make Any Business Location-Independent with Matt Bowles, Host of The Maverick Show The Maverick Show #03: From House Hunters International to Relocating Professional Poker Players: Sustaining a Long-Term Digital Nomad Lifestyle with Kristin Wilson Finding Love Abroad, Living in Mexico as an Expat Family, and Coping With Burnout With Amy Scott of Nomadtopia Radio Quitting Your Job To Start an Online Business With Mitko From That Remote Life   Related Videos: THIS Is How Much It Costs To Live in Portugal Now (in 2023)

Did you know that you could buy a ready-made business instead of building one yourself? These kinds of businesses are called turnkey businesses, and they're already running when you buy them, so you don't have to be more involved than you want to be. But there are a few things you need to ask before buying a turnkey business. In this video, I'll walk you through some of the questions I would ask a turnkey provider and the answers I'd want to hear. Hopefully, that will give you a good base to start your own turnkey search!

Today, The Homeboys describe what, why and how to invest in Turnkey Real Estate. All Streaming Platforms: https://linktr.ee/homeboyspod Facebook: https://www.facebook.com/TheHomeBoysPod TikTok: https://www.tiktok.com/@homeboyspodcast homeboyspodcast.com zuluscape.com realtywealthadvisors.com

Inside the Wolf's Den Podcast follows our hosts Shawn and Joni Wolfswinkel on their rewarding entrepreneurial journey. With over twenty years of running multiple successful businesses, Shawn and Joni are two fierce modern-day entrepreneurs. Together they own numerous national franchises and one of Texas' most well respected Turnkey Real Estate investment companies. They have each spent decades mastering the ins and outs of complex business decisions and have become intimately aware of the struggles and triumphs of leading small to medium-sized businesses in today's competitive market place. They look forward to sharing their true stories, challenges, and the obstacles that they overcame to craft profitable companies and an awe-inspiring relationship.

Marco Santarelli, investor, author and founder of Norada Real Estate joins The Yield this week to talk about the current state of the real estate market, what's causing the ups and downs, and where you can find the best opportunities.Key Takeaways:[1:40] Marco Santarelli, serial entrepreneur, real estate investment guru, and investment educator. [3:28] Overcoming the educational gaps in today's real estate investment market. [7:34] Why should real estate be a part of your investment portfolio?[10:19] There are a variety of ways to begin investing in real estate.[14:46] Marco's formula for real estate investing.[19:22] Overcoming current market challenges.[23:12] Looking five years ahead to future opportunities in the real estate market. Mentioned in This Episode:Yieldstreet

In this episode, Cash Flow King discusses turnkey rental investments in detail as part of the Passive Real Estate Investing Mini Series.  Areas discussed include:Turnkey definedDirect ownership benefitsDue diligenceAnalysis - I.D.E.A.L. investmentPros/Cons

While wholesaling in Phoenix we created a volume mastermind on Facebook for investors who did a volume of deals, we wanted to figure out how to do volume and learn from those doing it. That's how we got introduced to Turnkey Real Estate, one of the members was doing a ton of deals in Ohio and little by little we started helping on some deals, partnering on some deals which eventually led us to moving to Ohio. We fell in love with Turnkey and it organically grew into the launch of Freedom Real Estate Group. Download your Free Private Lending Report here: www.freedomcapitalinvestments.com/lendingDownload your Freedom # worksheet here:  www.freedomcapitalinvestments.com/worksheetClick on the Social Media links below and listen in on our Private Group Conversations about how to achieve Financial Freedom through a consistent pipeline of passive income investments:  https://www.facebook.com/groups/freedomthroughpassiveincomehttps://www.linkedin.com/groups/14048250—————————————————————————We run through our list of pros and cons for Turnkey real estate. One of the top pros is that  there is no threat of market downturns. If you get inventory investors want cash flow.  So let's hit our five category breakdown for this strategy.1) Risk tolerance? Yes, there's a risk. There's a lot more risk now because now we're doing the renovations and the property management. 2)Time availability? You know, every second of every day, it takes a lot of time to manage everything around providing a turnkey product. 3)Knowledge? of everything! You have to have a tremendous amount of specific specialized knowledge in rehab, property management, accounting etc.4)Inner circle? Even more so, you can't know everything when you learn to depend on professions and colleagues with a lot of experience. 5) Access to capital? Now we're starting to need it. We need to buy the property. There you have it.Watch our previous episode on how we evaluate Flips versus Turnkey versus Syndications - https://youtu.be/BD4HOy1keJMWatch our previous episode about the 6 Benefits of Done For You Real Estate Rentals - https://youtu.be/tQEFaYlRUwg Join our groups on Facebook and LinkedIn.https://www.facebook.com/groups/freedomthroughpassiveincomehttps://www.linkedin.com/groups/14048250www.FreedomCapitalInvestments.comInvest Smart.  Live Happy.—————————————————————————Connect with us here:FB personal pageshttps://www.facebook.com/Flipsterhttps://www.facebook.com/dani.lynn.robisonLinkedin personal pageshttps://www.linkedin.com/in/fliprobisonhttps://www.linkedin.com/in/danilynnrobisonInstagram personal pageshttps://www.instagram.com/fliprobisonhttps://www.instagram.com/danilynn23TikTok  personal pageshttps://www.tiktok.com/@danilynnrobisonhttps://www.tiktok.com/@fliprobison

Join Nick Lamagna as he sits down with guest Eric Martel a real estate investor and host of the "Break Away From The Rat Race" Podcast and is on pace to flip 200 turnkey cash flow properties this year.  Since buying his first property at the age of 18 Eric has lived most of his life as an entrepreneur, real estate investor and business owner.  In this episode he dissects many of the lessons he has learned to help listeners learn from his hits and misses to cut the learning curve.   Eric has recently written the book, "Stop Trading Your Time for Money” and is also soon releasing his Tokenized Real Estate Fund allowing a bridge for crypto owners to invest in real estate! Topics for this episode include: ✅ The Benefits Of Turnkey Real Estate Investing  ✅ How To Build Up A Real Estate Investment Portfolio Using Crypto! ✅ What are multiple ways to make money in real estate investing ✅ How To Invest In Real Estate With Limited Free Time Available ✅ What are some good markets for rental property investing  ✅ Is it better to start out small or go big right away in real estate investing ➡️ More! See the show notes to connect with Eric!  Text Nick today to do some real estate deals together whether you are new or experienced at (516) 540-5733  Check out the affiliates page in our bio link to contact Maryann at Nationwide Business Capital Group to get some money for your real estate deals! --- Connect with Eric: Eric Martel on Linkedin Eric Martel on Instagram Eric Martel on Facebook Eric Martell on TikTok https://www.martelinvest.com/ https://martelturnkey.com/ https://marteleric.com/ Get Your Copy Of Eric Martel's Book Here Listen To The Break Away From The Rat Race Podcast --- Connect with Nick Lamagna www.nicknicknick.com Text Nick (516)540-5733 Connect on ALL Social Media and Podcast Platforms Here FREE Checklist on how to bring more value to your buyers

As a founding partner of JWB Real Estate Capital, Gregg Cohen has seen the company grow from humble beginnings to serving over 550 clients worldwide with total assets under management of over $250 million. Gregg's recipe for success in business includes a belief that whatever is measured gets improved and a true passion for creating passive income for clients. He and his team have been featured in The Wall Street Journal, Inc. Magazine, The Jacksonville Business Journal, The Florida Times-Union, Advantage Business Magazine, and Entrepreneur Anchor Magazine. Gregg is a graduate of the University of Florida and contributes to the JWB Real Estate Capital blog and its Facebook group connecting with the community by sharing insights. Rental properties can be a great source of additional income, but committing to that first one can be intimidating. In this episode, join Gregg Cohen, as he talks on the subject of passive income and rental properties. He discusses the strategies for taking advantage of secondary income through real estate, the pros and cons of turnkey solutions, and how vertically integrated companies can produce great results for investors. A great episode to learn from if you're looking to get into investing in rental properties. Episode Links: http://jwbrealestate.com/ https://www.jwbpropertymanagement.com/nyai-show/ -- Transcript Before we jump into the episode, here's a quick disclaimer about our content. The Remote Real Estate Investor podcast is for informational purposes only, and is not intended as investment advice. The views, opinions and strategies of both the hosts and the guests are their own and should not be considered as guidance from Roofstock. Make sure to always run your own numbers, make your own independent decisions and seek investment advice from licensed professionals.   Michael: What's going on everyone? Welcome to another episode of the Remote Real Estate Investor. I'm Michael Albaum, and today I'm joined by Gregg Cohen, who's the founder of JWB real estate capital and he's gonna be talking to us today about vertically integrated companies, turnkey solutions, and what investors should be aware of when it comes to investing in the Florida market. So let's get into it.   Gregg Cohen, welcome to the show man, thank you so much for taking the time to hang out with me really appreciate it.   Gregg: Absolutely can't wait, man.   Michael: I'm really excited because you've got a really interesting story and background. But for anyone who doesn't know, give us the quick spiel who you are, where you come from, what it is, you're doing real estate.   Gregg: Yeah, absolutely. So my name is Gregg Cohen, I run a company here in Jacksonville, Florida, called JWB real estate capital. We're here to make rental property investing easy for the masses out there, which, you know, most people see rental property investing as an opportunity to make money to make a great return on investment. That's not usually what holds people back from it. What's usually the thing that holds people back is the experience when it comes to rental property investing. So we really built our business to make this a wonderful experience. It keeps people coming back to be able to take advantage of an asset class here, which, you know, historically has performed so well, and especially for what our country has been through over the last couple of years, has performed incredibly well. And I just think that there's real value for families and communities, when you can invest in a stable asset class that performs well over time. You can do some really great things for your family, for the community for the world.   Michael: Totally agree. Just out of curiosity, what is JWB stand for, where does it come from?   Gregg: Oh, man, how far do you want me to take you down this path? We've been in business for 16 years and like any other entrepreneur, we didn't know exactly what we were doing when we started right. You know, we started our business. Man, I could just I could just talk for a lot of stories about my business partner is one of my best friends. We went to college together and we lived in a house with a lot of our friends in college and we just nicknamed that house, the huse. Literally, it makes no sense. We call it the who's why I don't know why. So when we first named our company, we were like, oh, we're 23 What should we name our real estate investment company? Let's call it whose homes and investments? Makes no sense at all.   All right, so that company, it still is our holding company, we own a large number of rental properties, and it's still in whose homes and investments. But over time that name clearly did not stick did not, you know share what we were hoping to accomplish in the world. We started to market ourselves under the name of Jacksonville wealth builders and that was really when we kind of hit our stride as far as creating these turnkey rental property investments and packaging the Property Management Services here in house and Jacksonville. Jacksonville wealth builders really talked about what we do but you know, we're a vertically integrated company and that means that we have everything under one roof acquisitions, property management construction. It is all here under one roof and so we had Jacksonville wealth builders as a company but another name for our company. Our home buying company was progress homebuyers and then there was peace of mind property management as we became bigger and started to develop a reputation in the community people would say oh, I really love that company. Jacksonville wealth builders. Have you heard about those guys over at progress homebuyers? I really haven't done too much business with them yet or Jacksonville wealth builders is great, but peace of mind property management, I don't know them so well.   So eventually, we realized you know, how to actually appropriately name a company and that became under the JWB brand, which is now JWB real estate, capital JWB property management, JWB homebuyers. So JWB actually would stand for Jacksonville wealth builders, we just condensed it and made a little bit more user friendly for everybody realized you're there, who they were doing business with.   Michael: Love it and the whose story so I feel like so many people have similar college experiences or stories like yeah, it was a, we were geniuses at the time and looking back at like, what were we thinking?   Gregg: You know, we just weren't thinking very much. It's a credit though, because my business partner and I now have three business partners. You know, in the beginning, we just wanted to get out there and try to do something weren't afraid of failing. I think you can clearly see that by the way that we named our companies we weren't afraid of failing and so many investors out there just get paralysis by analysis, paralysis, and they can't move forward, right? Just name your company something you can't possibly screw it up any worse than I did and, you know, there are so many more important challenges to overcome and then simple things like that.   Michael: So it's funny, my wife actually works for a company that has a very similar story. When he started it, he didn't think anything was gonna come of it and so the company is named Michael management and so when she posted that on her LinkedIn, a bunch of my college roommates were like, oh, yeah, I also used to work for Michael management in college like, no, no, like, it's a real company, like, I actually have a job. I'm not just managing Michael's like, life and stuff. So he's like, I never thought it would take off and it's an SAP company. But needless to say, so talk to me, Gregg, about what it is that JWB does?   Gregg: Yeah, absolutely. So we're a vertically integrated company and what that means, as I mentioned, is we have everything under one roof. So what we do is actually we buy land, and properties, but mainly land, especially in the current environment and we've been doing this for over a decade, we buy a lot more land than we're actually going to build and sell that year. We've been doing this here in Jacksonville, as I mentioned, we started build to rent back in 2011, before all the big hedge funds and private equity groups, and even now we're in this build to rent space, we actually started this in 2011, they put us on the front page of the Wall Street Journal in 2013 as being a pioneer in this space and so we secure this land, we buy this land, we actually own it and what that allows us to do is to create a path so that our clients have a consistent source of inventory, that they can turn, that we can turn into positive cash flow and high growth investments for them.   Once we own the land, we then build that new construction home, we then fill that home with a resident, and we do all the property management in house, we really focus on long term residence stays, we believe that's the approach that's going to lead to winning in rental property investments and so we only signed two and three year leases, we set resigned 70% of our residents, and that leads to an average duration of about four and a half years for our residents staying in our homes and then our team is just rock solid, we're here to make this. This a wonderful experience for our clients. Most of our clients live outside of Jacksonville, we have clients in 49 states 13 countries, and we get to serve over 1300 clients and manage about 4400 rental properties here in Jacksonville. And our team, we have about 85 people here on staff here and just really focused on creating a wonderful experience for folks and doing something more than just literally buying selling renting properties, right, we believe we have a higher calling, right, a higher mission here than just doing property management, we think that we can really change people's lives, by the returns that we create for folks and also what we can do in the community through the platform that we have.   Michael: Amazing, Gregg, this is like a super niche way to get involved in in real estate. I mean, you're kind of doing it all. So in that sense, it's almost not very niche, but curious to know, how did you get your start, because this is, again, kind of this is a very specific way to go about it.   Gregg: You know, my story started, where, you know, I went to school at the University of Florida, I was raised by a single mom and we never really discussed entrepreneurship and we never discussed real estate, it was my both my mom and my dad to have wonderful loving parents, but they never owned a house other than the one that we lived in growing up and so the idea of entrepreneurship or real estate investing was just completely foreign to me, I grew up, went to University of Florida and just tried to work very hard to get a great job and I really found comfort and security in the thought of going and working in corporate America. I realized now how much I just really, really was excited about that. Because it's very different than then how my life and my career has turned out. But I went to go and work for a company here in Jacksonville, a fortune 500 company and after about a year and a half of working there, I was really just depressed, demoralized. What I had thought was going to be my career path was not what I wanted, and I really didn't know what to do. So a friend of mine who was also struggling with the same thing at the same company turned me on to that amazing book, Rich Dad Poor Dad changed my life as I'm sure it did for you, Michael and most of the listeners I would imagine, right?   Michael: Hmm.   Gregg: So that book, I remember sitting down reading it, it was about nine o'clock at night and I read it all the way through till two o'clock in the morning, I finished the book, I got up and I looked at myself in the mirror and I said I'm gonna quit my job and start my own real estate investment company and if you know me, well, that is not how I make decisions. I'm very conservative, I'm more on the slow side. So this was a really big moment of inflection in my life, and a very, very powerful moment for me. But the thing that I took most away from that book was that I couldn't just put my head in the sand and just assume that I was going to work for a company and that if I worked really hard that I would just hit my financial goals. I had to mind my own business which can mean doing really well in my active job but it also means keeping my mind open and how I'm going to manage my money investments outside of my active income. But for me, the pain of working in corporate America for me was so great at that moment and I was also 23, I didn't have a lot to lose and I said, you know what, let me go big. My business partner, my original business partner, one of one of three business partners now has been my best friend and he realized that, you know, this was an opportunity for to get me on board, he is much more entrepreneurial than I am. So what he did was, he was still in his final season of Gator football over in Gainesville and I was in Jacksonville working and so his big plan was, you know, what, I know I can get Gregg on board if I just literally move in with him.   And so I didn't have that for him, I didn't have a room for him. So he came over and he said, hey, I'm gonna come over for the weekend, he ended up not leaving sleeping on my couch and he wanted to make sure that I would see him every day, when I would wake up and go to that job that I did not enjoy, he wanted to make sure that I would see him and every night when I got home, just demoralized, he wanted to make sure that I would see him searching for properties, figuring out how we're going to build this business and we did that for a little while and eventually I gave in and quit that job and we started this company. But in the beginning, we didn't really know what we were doing. We were just trying to survive and over time, and really, you know, this was 2006. So the market started to really change on us. You know, we can certainly talk a little bit more about that. But long story short, we evolved into understanding what really that intersection of what, what we are built to do and what we want to be great at, which is that turnkey rental property investment along with the property management, we really just love the fact that people can trust us with their money, we happen to be experts in real estate and we can perform as a team, even though they may live 1000s of miles away and return their money back to them on the backs of a very stable asset that just became our calling card and that's, that's really what we're very passionate about doing.     Michael: I love it, man. Gregg, I'm curious, I think it's probably come as no shock that a lot of turnkey providers get a little bit of a bad rap in the industry and so what makes JWB difference and who is a turnkey provider really a great solution for and maybe who is it not such a great fit for?   Gregg: I think it's a great question. You know, I think that when I started to invest, when I started to build this company back in 2006, and we started to go to market with our strategy of what turnkey was, I remember needing to fully explain what the term turnkey meant, because nobody had ever heard it before. Because it wasn't a very profitable niche back in 2006, or 2008, or 2010. Right as the market turned right, but it wasn't very profitable and so you didn't have any turnkey providers. And I remember feeling like I needed to just educate and share with people this this asset class, this possibility for you to invest in rental properties and to do it passively and I just remember just almost just being exasperated because nobody understood it. Now when I think about the space right now you are overrun with companies that claimed to be turnkey. The name turnkey means something different to every person out there. You don't have to spend as much time educating, right? Even the big media outlets are talking about why single family rental properties are such an incredible asset class. But now we're in this phase where we have to really specify what turnkey means and you know, what providers out there may be claimed turnkey, but really means something different.   For me, I really think there's a very big benefit for working with a vertically integrated company, which is a slightly different definition than turnkey, turnkey for me is really working with somebody who owns the asset, who does the property management in house and who can control that experience. That is kind of the definition of turnkey and, and what their job is, is to make sure that producing a return on investment for you today and that is wonderful. There's a lot of companies out there that claim to be turnkey, but don't meet that threshold. They might not own the asset, they might not do the construction themselves, they might not do the property management in house. But if you want to be a passive investor, you got to have all the goals in line and that's really the turnkey threshold. The reason that vertically integrated is different why I think it's so critical is it's a much higher threshold to be vertically integrated company. vertically integrated means that I might I'm not just taking care of your money today, I'm not just focused on selling you an asset that can produce cashflow. I'm not just focused on producing rent for you every single month and making sure that the home is rented and earning a return today. I want to take care of your money for the next 10 to 20 years over a full market cycle and in order to do that, you have to be much more forward thinking, right? You have to be able to source inventory a decade in advance to make sure that you have enough runway for your clients to actually finish their buying plans and own maybe three 5,10, 15, 20 properties as the market shifts, which it is right now.   And you also need to be an innovative team, you need to have an innovations department, you need to be one where you're thinking of what things are going on in the local marketplace, what boards are you on in that local marketplace? Are you a player in the social economic scene in your local market, because what many turnkey companies fail to do if you're not focused on raising median incomes, which a vertically integrated company is if you're not focused on raising median incomes in your local market, your return on investment has a cap that has a ceiling. Because as we are finding across the country, affordability is becoming an issue in many markets, and it will become an even bigger issue. No matter what supply and demand does. If homes are too expensive, then your home prices are not going to appreciate. And home price appreciation is a big part of your overall return on investment. So a vertically integrated company is actively has an impact in raising median incomes in that market, when you raise median incomes in your market. Home prices have the ability to appreciate you have a better chance of producing a return on investment for clients. So I kind of took us down a path of vertically integrated in my mind, there's a threshold of turnkey. First make sure if you want a turnkey company, that they own the assets that do the construction in house and that they actually do the property management. A higher threshold, if you're investing for a full market cycle, which is 10 to 20 years, you want to be investing with a vertically integrated company because rising median incomes and making sure you have a runway of assets is something that you need to be thinking about over that time span.   Michael: It makes total sense. So how does a vertically integrated turnkey company actually affect and be concerned with raising median incomes?   Gregg: It's great question. So, you know, Jacksonville is downtown is a great example of this. If you ever been to Jacksonville, Michael?   Michael: I have not known I've been meaning to make it out that way.   Gregg: Yeah. Well, I hope you come down here. So Jacksonville is downtown is on the precipice of a really wonderful revitalization. Now, for anybody who is in Jacksonville, who's listening to this podcast, you may have heard that same thing five years ago, 10 years ago, 15 years ago, 20 years ago. So we have so many natural assets here in downtown Jacksonville that we just haven't taken advantage of for many, many years and what it means is we have to take advantage of the political will we have to make it take advantage of the business community and we all have to come together to revitalize with downtown Jacksonville is we need to make this a place where employers come. Employers come employees want to live downtown and then when we do that, and we're surrounded by amenities, you're gonna see median incomes rise in downtown.   I'll give you kind of some numbers here. For the longest time in Jacksonville, we had a very low number of people living downtown number was about 3500 people living in downtown. It's really low number to stay that way, probably for CDs up until about three years ago probably stay that way for the previous 10 years. It just was growing just in the last three years now these are, these are small number games, but it's big on a percentage basis. We're up to about 7000 residents living downtown. Wow, yeah, we've done a lot of research to other successful downtown's and what we have noticed is that when you get to 10,000 residents living downtown, what happens is the numbers start to work so the developers can come in start to renovate buildings that might be sitting vacant in your downtown, turn these into amenities which of course creates this, this flywheel effect of require of encouraging more people to come and live downtown and up till this point, what the city is actually doing is incentivizing developers. So the city gives millions of dollars to developers like JWB in order to actually do these projects. Because right now, the numbers don't pencil they don't make sense until you have enough people living downtown and so what we are doing is JW B is buying a lot of buildings downtown, not for the purpose of earning a great return on investment in the short run. We're here for the long run. In the short run, it's actually not a very wise use of our capital and our dollars, we can make a much better much better return on investment elsewhere. But what this is doing is starting this flywheel effect, so we actually can have an impact we can be a player and helping to raise meaning and incomes attract future employers attract folks living downtown and our belief is that in the next five years, and over the next 10 years, downtown Jacksonville will look very different than what it looks like today.   Michael: That's awesome. That's so cool, I actually was awarded one of those grants as well out in a market in downtown on Covington, Kentucky, for doing the exact same thing developing an old building. So yeah, I'm very familiar with it and I think it's an amazing program that they've got kind of going on in a lot of places.   Gregg: You look at some of the other most successful downtown's, like Nashville, we like to think of ourselves as Nashville and 10 years in Jacksonville. And it's the same model, right? You incentivize development in the beginning, right, in order to increase the number of people living downtown, and so that the numbers work, and then eventually, the cities don't have to give these incentives and the development just works, because the rents are high enough for it to make sense on an investment perspective.   Michael: Right, right. Awesome! Well, Gregg, let's circle back to the question of if someone is listening, thinking about getting involved in real estate, but not quite sure how, who is turnkey, a great solution for and who should maybe steer clear and go another direction?   Gregg: Well, I think the biggest differentiator is your level of active involvement, if you want to be an active investor, turnkey, does not make sense for you, right, your upside for you to be an active investor is much higher, of course, you are also going to take on a lot more risk. But if you have the stomach and you have the expertise and the time to do the active business, to actually get out there and source your own inventory, renovate it yourself or with your crews, and then manage it yourself or even hire a property manager, go have a field day go do that, because you're probably in a position to earn a higher return on investment. I think the turnkey or vertically integrated approach really works well when you compare it against other alternatives on the passive side, right, let's this really works well, if you're somebody who would never actually go in pounding the pavement, and make hundreds and hundreds of offers to actually secure an undervalued piece of real estate and if you do that, you go to the active side.   On the passive side, though, you're probably investor who has money in the stock market, or in bonds, and they're just not performing like you want or maybe you have too much money in those asset classes, you need maybe a third wheel, or excuse me a third leg to your stool there, right? That's where passive investing in real estate can work and that's where turnkey plays really, really well. You can get the risk mitigation that you can find in asset classes like bonds with the upside that you can also find in stocks and that's why rental property investing really is an asset class that a lot of money is moving to Now, the key is, can it be passive for you? Can it be as easy and enjoyable as it is to invest in the stock market? And I know, that's what you guys do over at rootstock. You guys have made such a wonderful business model of making this an easy transaction and you know, I think that's been the missing piece for most investors.   Michael: Yeah, no, I totally agree, I totally agree. So let's shift gears here slightly and talk about returns because I think so many people listening, that's what's going to drive the decision and when, when considering different options that's what's driving that is, hey, where can I get the best yield? Where can I get the best return? So we're recording this end of March 2022, where are you seeing investors or rather, what are you seeing investors returns look like in today's market, given all the tumultuous nature that we seem to find ourselves in?   Gregg: Yeah, you know, listen, home prices are going up, and interest rates are going up and so what that means is that cash flows are being compressed. This is something that I've been talking about with clients for the last two years plus, once the dust settled for COVID and we knew that prices were going to go up and so what we're finding here is that cash flows are coming down. But the interesting thing is that the data and the numbers show that this trend of home prices continuing to go up and interest rates continuing to go up is here to stay for at least the short run and so what we're seeing here is home prices, and cash flows will actually lead to further cash flow compression, further lowering of return on investment and the same property that you would buy today is actually going to give a lower return on investment if you buy that property in future years, assuming that home prices and interest rates go up.   So that's kind of the big picture of what we're seeing. This is becoming a less profitable business model because you've had such low home prices and such low interest rates in the past that won't always stay the same. Specifically, though, for the Jacksonville market, what we're seeing are returns on investment between seven to 8% and that's not including home price appreciation that's taking into account your net rental income, your tax savings, your principal pay down, but it's leaving off to profit centers that are highly influential home price appreciation, and of course, inflation hedging as we all know, inflation is a real thing. It's at its peak since the last 40 years and rental properties do a wonderful job of hedging against inflation.   Michael: Awesome, awesome and Gregg curious to get your thoughts on where you've seen the Jacksonville market go in the last three to six months and what your projections are. I want to I want you to put some fresh batteries in your crystal ball and give me give me your take on where it's heading in the next three to six months.     Gregg: I've never been more confident in where the market is going. I said that last year because the data was so telling as far as us seeing above average home price appreciation, and the data is even more telling, I'll tell you which data I'm kind of referencing. But over the last three to six months, we have seen 15 to 20% annualized appreciation in Jacksonville. Those are staggering numbers, we've never seen 15 to 20% appreciation over the year in Jacksonville's history and you got to ask yourself, why is this happening? Well, it's happening because of low supply and increased demand and when you have very low supply and increased demand, it puts upward pressure on pricing. Jacksonville happens to be an affordable market. So you've got a lot of upward pressure and people can still afford to buy homes at this at the appreciated rates.   You know, one thing that you can look at to see where pricing is going in the short run is something called months of inventory, something that we look at and we track we've tracked every month ever since 2014. Here at JWB we track it because it matters, it tells us where pricing is going and so what you're seeing is if you look at the number of homes that are on the market, you can just divide it by the number of homes that sold in the previous month and you get this measurement. It's called months of inventory. Historically, between six to seven months of inventory that would lead to average, or normal home price appreciation, which in the Jacksonville market is 4.6% per year that's coming from 1982 all the way through 2022. So if you got six to seven, you're thinking oh probably about four to 4.6% somewhere around there as what you would expect over the next six to 12 months. Well last year when I was super confident home prices were going up we had like three months of inventory. Looking at it now we have about one month of inventory in the Jacksonville market and so that's why we're gonna see higher than normal home price appreciation. I usually don't make a specific prediction. I can't if you want me to I'm not afraid to do it. But you know, you got to do it guys you want me to do all right, I'm gonna listen. You it's better to go conservative. So I'm gonna go a little conservative. I'm gonna say eight to 10% home price appreciation in Jacksonville.   I think it could be higher. You look at Zillow, Zillow is predicting 16% home price appreciation or 12%, I can't remember which one, Goldman Sachs is predicting either 16 or 12%. You go in most, most outlets out there and they're predicting higher than normal home price appreciation, I think it could get that high. But they're the real reason why I'm so confident home prices are going to go up is because you gotta think about what's going to take to get to an equilibrium level of months of inventory, you're gonna have to build yourself out of this inventory crunch and it's taking longer to build new construction homes today than it has even last year and much longer and much more costly than it did a number of years ago. So it's going to take us some time it's going to take longer than one year and you still have room to run here in the Jacksonville market. So we're gonna see higher than normal home price appreciation over Jacksonville in Jackson over the next year. My opinion.   Michael: I love it, you heard it here. First, folks, eight to 10% and Jacksonville. Let's circle back in a year and see how close you were. That's awesome. Gregg, this was awesome, man. Thank you so much for taking the time if people want to reach out to you directly or learn more about JWB or invest with you all what's the best way for them to do so?   Gregg: Michael, thanks so much for having me. It's just really been a wonderful opportunity. For those who are interested to learn a little bit more about JWB. You can check us out online at https://www.jwbrealestatecapital.com/ . We also do a show called- The not your average investor show would love for you to listen to that either. Wherever you find your local, your favorite podcasts. We also do a live audience as well you can check out the show@nyais.com. We do it every Tuesday and Thursday and if you want to join the fun, the fun club come and hang out with us in the audience here on the show.   Michael: Right on, well thanks again Gregg and we'll definitely chat soon I'm sure.   Gregg: I appreciate it. Bye.   Michael: All right, everyone. That was our show a big thank you to Gregg for coming on, super interesting topic. A lot of really good stuff to chew on and definitely gonna be go checking out JWB real estate capital out there in Jacksonville. As always, if you liked the episode, feel free to leave us a rating or review. We'd love to hear from you all, as well as include a topic suggestion if you'd like to hear something more from us. We look forward to seeing on the next one. Happy investing…

Very few people understand TurnKey Investing and worse than that they get wrapped up on the house and all the minute details of the house. At the end of the day, yes, the house is important but what is equally as important is how these investments are financed. They are financed with 30 years of fixed financing backed by the government. Listen to the podcast to see what I mean. Key Takeaways: The value of 30 Year fixed FinancingHow fixed financing creates cash flowWhy rising interest rates are somewhat irrelevantResources: Turnkey Investing Real Estate Workshop - March 5th - https://bit.ly/3tli0bK

Derrick Shannonhouse is a West Point classmate and long-time buddy with Jimmy. He started investing on his own after he got out of the army and decided it was too much work for him. Since then he has been buying turnkey and Brrrkey properties from Jimmy. Derrick's story exemplifies the return when you focus on the core 4 and 4 pillars. Key Takeaways: Advantages of turnkey investingDerricks story from active to a passive investorWhat successful investing looks like over the long termResources: Get started today with the FREE Freedom Fast Track webinarJoin our Cashflow Tactics Facebook Group to be updated on more upcoming events.

Flip & Dani Lynn Robison started in real estate in 2008 as Realtors and quickly realized that real estate investing was where it needed to be. They quickly transitioned and over a decade later, they have bought and sold over 1000 properties. Today they serve as the Co-Founders and Chairmen of the Freedom Real Estate Group Family of Companies based out of Centerville, Ohio with over 40 team members and still growing. Dani Lynn is also an esteemed Forbes Real Estate Council member with numerous published articles and expert panel features. Together, they are also members of several masterminds and investment groups and partnered with national and international investor organizations. They have also been featured at speaking events around the country and numerous podcasts.Currently, their parent company, Freedom Real Estate Group, tripled its sales in 2019 from the prior year and continues to grow and manage high-volume residential flips. Starting in 2020, their team also began renovating and managing mid-size apartment complexes. Their property management team currently manages over 500 properties for investors all over the United States and around the world including Switzerland, Canada, France, England, Iran, and Japan.Connect with Dani Lynn and Flip Robison!Website: https://freedomrealestategroup.com/Facebook: https://www.facebook.com/FreedomRealEstateGroupOhio/YouTube: https://www.youtube.com/channel/UCA1AEhMUyXuqZPLvBvhkKXQLinkedIn: https://www.linkedin.com/company/freedom-real-estate-group-ohio/Instagram: https://www.instagram.com/freedomrealestategroup/LIKE • SHARE • JOIN • REVIEWWebsitePatreonApple PodcastsGoogle PodcastsYouTubeSpotifyStitcherDeezerFacebookTwitterInstagramSUPPORT THE SHOW!Self Managing Your Rental Properties? Get 6 months of RentRedi for $1! Click this link!

Flip & Dani Lynn Robison started in real estate in 2008 as Realtors and quickly realized that real estate investing was where it needed to be. They quickly transitioned and over a decade later, they have bought and sold over 1000 properties. Today they serve as the Co-Founders and Chairmen of the Freedom Real Estate Group Family of Companies based out of Centerville, Ohio with over 40 team members and still growing. Dani Lynn is also an esteemed Forbes Real Estate Council member with numerous published articles and expert panel features. Together, they are also members of several masterminds and investment groups and partnered with national and international investor organizations. They have also been featured at speaking events around the country and numerous podcasts. Currently, their parent company, Freedom Real Estate Group, tripled its sales in 2019 from the prior year and continues to grow and manage high-volume residential flips. Starting in 2020, their team also began renovating and managing mid-size apartment complexes. Their property management team currently manages over 500 properties for investors all over the United States and around the world including Switzerland, Canada, France, England, Iran, and Japan. Connect with Dani Lynn and Flip Robison! Website: https://freedomrealestategroup.com/ (https://freedomrealestategroup.com/) Facebook: https://www.facebook.com/FreedomRealEstateGroupOhio/ (https://www.facebook.com/FreedomRealEstateGroupOhio/) YouTube: https://www.youtube.com/channel/UCA1AEhMUyXuqZPLvBvhkKXQ (https://www.youtube.com/channel/UCA1AEhMUyXuqZPLvBvhkKXQ) LinkedIn: https://www.linkedin.com/company/freedom-real-estate-group-ohio/ (https://www.linkedin.com/company/freedom-real-estate-group-ohio/) Instagram: https://www.instagram.com/freedomrealestategroup/ (https://www.instagram.com/freedomrealestategroup/) LIKE • SHARE • JOIN • REVIEW http://reimastermind.net/?utm_medium=podcast&utm_source=bcast&utm_campaign=rei-mastermind-network?utm_medium=podcast&utm_source=bcast&utm_campaign=rei-mastermind-network?utm_medium=podcast&utm_source=bcast&utm_campaign=rei-mastermind-network?utm_medium=podcast&utm_source=bcast&utm_campaign=rei-mastermind-network (Website) https://www.patreon.com/reimastermind?utm_medium=podcast&utm_source=bcast&utm_campaign=rei-mastermind-network?utm_medium=podcast&utm_source=bcast&utm_campaign=rei-mastermind-network?utm_medium=podcast&utm_source=bcast&utm_campaign=rei-mastermind-network?utm_medium=podcast&utm_source=bcast&utm_campaign=rei-mastermind-network (Patreon) https://podcasts.apple.com/us/podcast/rei-mastermind-network-real-estate-investing-strategies/id1227366661?utm_medium=podcast&utm_source=bcast&utm_campaign=rei-mastermind-network?utm_medium=podcast&utm_source=bcast&utm_campaign=rei-mastermind-network?utm_medium=podcast&utm_source=bcast&utm_campaign=rei-mastermind-network?utm_medium=podcast&utm_source=bcast&utm_campaign=rei-mastermind-network (Apple Podcasts) https://podcasts.google.com/feed/aHR0cDovL3JlaXJvb2tpZXMubGlic3luLmNvbS9yc3M?utm_medium=podcast&utm_source=bcast&utm_campaign=rei-mastermind-network?utm_medium=podcast&utm_source=bcast&utm_campaign=rei-mastermind-network?utm_medium=podcast&utm_source=bcast&utm_campaign=rei-mastermind-network?utm_medium=podcast&utm_source=bcast&utm_campaign=rei-mastermind-network (Google Podcasts) https://www.youtube.com/channel/UC_6OpKSfSGvgGDG1qtBQw9Q?utm_medium=podcast&utm_source=bcast&utm_campaign=rei-mastermind-network?utm_medium=podcast&utm_source=bcast&utm_campaign=rei-mastermind-network?utm_medium=podcast&utm_source=bcast&utm_campaign=rei-mastermind-network?utm_medium=podcast&utm_source=bcast&utm_campaign=rei-mastermind-network (YouTube)... Support this podcast

Join Nick Lamagna as he sits down with guest Kelly Stumphauzer who is the biggest turnkey real estate investor in the entire country!  Some of the biggest names in real estate constantly drop Kelly's name as one of the most well respected names in the industry. Kelly has many business and most notably her companies Prosper Cleveland and Limitless Turnkey have an impeccable reputation and she has successfully completed well over 1000 deals.  In this episode Kelly shares incredible tips and lessons learned going from a single mom of three making under $15,000 a year to creating a multimillion dollar business.  You will not want to miss this episode filled with valuable tactical and inspirational content to help you limit your risk, build systems and processes as well as leave a happy trail of buyers, lenders and friends along the way! Topics for this episode include: ✅ How to properly screen contractors  ✅ How to have a better experience with property management ✅ What market investors all over the world are investing in ✅ What to look for in a good turnkey real estate provider ✅ Who should be on a multimillion dollar real estate team  ✅ How to turn buyers into  private lenders ➡️ More! See the show notes to connect with Kelly  Text Nick today to do some real estate deals together whether you are new or experienced at (516)540-5733  --- Connect with Kelly: Kelly Stumphauzer on Instagram Kelly Stumphauzer on Facebook Kelly Stumphauzer on Linkedin https://www.limitlessturnkey.com/ Contact Prosper Cleveland Prosper Cleveland on Instagram Prosper Cleveland Investments on Facebook --- Connect with Nick Lamagna www.nicknicknick.com Text Nick (516)540-5733 Connect on ALL Social Media and Podcast Platforms Here FREE Checklist on how to bring more value to your buyers

Flip & Dani walk through one of their Turnkey properties and explain the 6 Benefits of Done For You Real Estate Rentals.Download your Freedom # worksheet here:  www.freedomcapitalinvestments.com/worksheetClick on the Social Media links below and listen in on our Private Group Conversations about how to achieve Financial Freedom through a consistent pipeline of passive income investments:  https://www.facebook.com/groups/freedomthroughpassiveincome https://www.linkedin.com/groups/14048250/Today we walk you through one of our Turnkey Real Estate properties so we can show you all that we do on each property.  Flip starts out in the living room and explains how we like to call this the “Big Mac” approach to all of our properties.  We use the same paint and the same flooring on all of our properties so when you buy one property, the next property is going to be the same.Next we move over to the Kitchen.  Dani points out our standard colors that we use on all of our kitchens.  She also points out the handles on all of the cupboards.  This our standards, you will see the same counter tops and same backsplash and same paint.Flip now takes us into the bathroom and bedroom.  We use the same fixtures in the bathrooms as well as all of the bedrooms.  He explains why we no longer put carpet in the bedrooms as well.Now we are in the back room also known in Ohio as a 4 season room.  Dani now explains the 6 Benefits of Done For You Real Estate which we call Turnkey Real Estate Investing.1) You're Busy - So it is done for you.  A lot of us have money but don't have the time.2) Cashflow - When we talk about our Freedom # we are talking about the cashflow that is coming in that passive income in order to meet our needs to get us out of our JOB.3) Leverage - You have a mortgage and you might have put 10%-20% down but guess who is paying down your mortgage for you, your tenants are.4) Tax Benefits - You have your mortgage interest deduction, your depreciation deductions, your bonus depreciation, any large repair deductibles and you can skip capital gains if you used a 1031 exchange when you sell.5) Appreciation - We are in Ohio so we tell you not to count on appreciation but it is the cherry on top.6) Inflation - A lot of people don't talk about this, but just like inflation erodes the value of your savings it does the exact same thing to your mortgage because your loan is easier to get paid back.Flip wraps up the tour of our Turnkey Property.Join our groups on facebook and linkedin.www.FreedomCapitalInvestments.comInvest Smart.  Live Happy.Connect with us here:FB personal pages https://www.facebook.com/Flipster https://www.facebook.com/dani.lynn.robisonLinkedin personal pages https://www.linkedin.com/in/fliprobison/ https://www.linkedin.com/in/danilynnrobison/Instagram personal pages https://www.instagram.com/fliprobison/ https://www.instagram.com/danilynn23/TikTok  personal pageshttps://www.tiktok.com/@danilynnrobisonhttps://www.tiktok.com/@fliprobison

Today we have an amazing couple joining us!  Shawn and Joni Wolfswinkel, co-CEOs of Texas Turnkey and Real Property Management.  And those aren't their only business ventures!With over twenty years of running multiple successful businesses, Shawn and Joni are two fierce modern-day entrepreneurs. Together they own numerous national franchises and one of Texas' most well respected Turnkey Real Estate investment companies. They have each spent decades mastering the ins and outs of complex business decisions and have become intimately aware of the struggles and triumphs of leading small to medium-sized businesses in today's competitive market place. They look forward to sharing their true stories, challenges, and the obstacles that they overcame to craft profitable companies and an awe-inspiring relationship. Connections:Texas Turnkey PropertiesReal Property ManagementInside the Wolf's Den PodcastThe Choice is Yours: Balancing Success as a Wife, Mom, and Entrepreneur (book) by Joni WolfswinkelConnect with us:Schedule a call with TimSchedule a call with Lisawww.theREIconcierge.comThe REI Concierge, LLC, helps Americans living abroad find and purchase investment properties in the US with as little stress as possible.  Learn more about how we help on our website.

Welcome to episode 25 where I am interviewing Misty Flanagan. She's an awesome entrepreneur who runs FOUR businesses all revolving around real estate. She provides remodeling and construction services in the Houston, Texas area long with running a women's real estate investment group called HER Mindset Matters. She embodies having a positive mindset and recognizing that when it comes to business (not just real estate) this is a people business. Together with her business partner and boyfriend Jason, she has created not just success for herself but a positive impact in her community and across the country. Hope you all enjoy this special episode. She can be contacted by: misty@guidewayinvestmentpartners.com 'Business websites below: Level Up Remodelinghttp://www.levelupremodeling.comHere For You Homeshttp://www.hereforyouhomes.com.Elevated Developmenthttps://elevateddevelopment.comHER Mindset Matters REIhttps://www.hermindsetmattersrei.com--- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/appSupport this podcast: https://anchor.fm/anthane-richie/supportSupport the show

Listen, subscribe, rate and review:Apple: https://apple.co/2BdPdeJiHeartRadio: https://ihr.fm/2MPxyAuSticher: https://bit.ly/2pUgd0vListen Notes: https://bit.ly/2JtpZxiTuneIn: https://bit.ly/2NhRCe2Go to the Real Estate Lab Podcast for full transcript: www.RealEstateLab.liveFull Notes[00:00:41] Your Amazing Itty Bitty Family Leadership Book: 15 Simple Tips Successful Companies Use That Parents Can Implement At HomeTRUE LEGACY WEALTH: Creating Generational Wealth Through Real Estate InvestingParent Pump Radio[00:02:41] Jacqueline's business website: https://www.integrativeminds.com/Her email is info@integrativeminds.com[00:04:27] South Vietnam (Republic of Vietnam): https://en.wikipedia.org/wiki/South_Vietnam[00:05:57] Jacqueline chat about what it was like for her as her family left Vietnam.[00:07:23] Currently, in Vietnam, April 30th is known as Reunification Day. However, for many people from the South, from the Republic of Vietnam, April 30th and the entire month of April is known as Black April.[00:21:55] You can't say that you like something or not until you've tried it one time.[00:26:24] Always check with zoning to see if you can potentially do the same on any of your development deals.[00:33:44] Robert Kiyosaki - Rich Dad Poor Dad: https://amzn.to/2NdWhh7[00:39:26] The website Jacqueline referred to is https://www.littlebighomes.com/[00:44:51] Email info@integrativeminds.com to get a list of her properties.[00:55:16] You need to look at the fees and find out how much your funds operators are charging you.[00:58:07] Jacqueline mentioned Mike Wolf's Mastery: https://mikewolfmastery.com/[00:58:56] The S&P/Case–Shiller U.S. National Home Price Index is a composite of single-family home price indices for the nine U.S. Census divisions. It is calculated monthly, using a three-month moving average.[00:59:26] https://www.rentometer.com/Support this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Playing the stock market can be fun, but it's high risk. Smart entrepreneurs understand that investing for cash flow is the right long-term play. One of the best vehicles for this is real estate investment. And with years of experience in the industry, Jason Hartman is the man who can tell you how to do it. Jason has utilized his own experiences and in-depth knowledge of the industry to build a company that helps others to fulfill the American dream of financial freedom through purchasing investment property. In this episode of Freedom Fast Lane, Jason will be walking you through the key things to take into consideration when looking to make a sound real estate investment. From understanding which markets to invest in, to leveraging your investment and earning your return through several different dimensions. Your return on investment from turnkey properties could be more lucrative than you first thought. Key takeaways: Where to invest in the real estate market cycle The importance of making direct investments Leveraging turnkey investments in the repayment of debt Connect with Jason You can learn from Jason through his podcasts, educational events, referrals and mentoring. Find out more on his website JasonHartman.com. On Twitter On Facebook On LinkedIn Connect with Ryan On YouTube On Facebook On Twitter On Google Plus On LinkedIn On Instagram Subscribe to Freedom Fast Lane -->Subscribe to the Freedom Fast Lane Podcast with Ryan Daniel Moran

  My guest today is Matt Theriault. Matt is a USMC “Desert Storm” Veteran who enjoyed 15 successful years in the music business as a record producer and label owner. When the digital download killed the record store, he found virtually everything that he had built become obsolete in a matter of months. The demise of his music business was swift and unforgiving to the point that Matt was forced to start life, personally and professionally, from square one at the age of 34. The transition from a 7-figure year to $7 an hour bagging groceries was a humbling one to say the least. When the most unlikely of mentors, the grocery store manager, shared with Matt the wisdom “Real estate is the final frontier where the average person has a legitimate shot at creating real wealth,” he embraced it, ran with it and has never looked back. Theriault, now an accomplished real estate investor and coach have built a cash flowing real estate portfolio of 100+ units over the last 10 years, is enjoying his financial independence, continues to build his portfolio and has discovered a new passion for creating systems and showing others how to replicate his results. You will find that his approach to real estate investing is conservative, simple, to the point and efficient. Matt credits his success to performing as much, if not more, due diligence on his real estate team as he does the market and properties themselves. Share your thoughts with me on Twitter @mclaubscher and Instagram @cashflowninjapodcast Click To Tweet: Cash flow With Turnkey Real Estate With Matt Theriault If you have enjoyed our podcast, please share with friends and family Please Subscribe, Rate, and Review on Itunes so more people can find us! so more people can find us! Interview Links: Epic Real Estate Support Our Sponsors Joint Ops Properties, have designed a system to take any beginner to an experienced deal making investor in the least amount of time, offering opportunities from basic education, coaching, bridge investing to turn-key investments in the cash flowing market of St. Louis, MO. www.jointopsproperties.com International Coffee Farms, Sustainable Income Through Offshore Sustainable Agriculture www.internationalcoffeefarms.com Audible, download any audio book for FREE when you try Audible for 30 days  www.cashflowninjabook.com Thanks so much for joining me again this week. Have some feedback you'd like to share? Leave a note in the comment section below! If you enjoyed this episode, please share it using the social media buttons you see at the bottom of the post! Also, please leave an honest review for the Cashflow Ninja Podcast on iTunes. Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. And finally, don't forget to subscribe to the show on iTunes to get automatic updates, please follow me on twitter @mclaubscher and instagram, @cashflowninjapodcast. Until next time! Live a life of passion and purpose on YOUR terms, M.C. Laubscher