Podcasts about we buy houses

Want to know how real estate investors buy and flip houses for profit? Meet Donovan Gilbert, a Minnesota-based real estate expert who's built a thriving business with We Buy Houses MN. In this episode, Donovan breaks down how he transitioned from managing rental properties to flipping houses full-time. He shares the ups and downs of the business, what makes We Buy Houses work, and how he finds the best deals in today's market.

Dave Foster- The Deal That Changed My Life If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/real-estate-reserve-podcast/id1507982777

What You Need to Know About Those Companies That Buy Houses Have you seen those “We Buy Houses” ads and wondered if they're the right choice for you? In this episode of Real Estate with Ryan, Ryan Coleman, East Tennessee's trusted real estate expert, dives into how these companies work, when selling to them might be a good idea, and why exploring all your options could help you get the most out of your home. Whether you're in Knoxville, East Tennessee, or the Smoky Mountains, this episode offers valuable insights to help you make informed decisions on your real estate journey.

Joe Killinger - The Deal That Changed My Life If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/real-estate-reserve-podcast/id1507982777  

Monopoly in Real Estate: Understanding Market Dynamics and Zombie Houses In this episode, we'll dive into the concept of monopoly within the real estate market, focusing on corporate ownership of properties and its impact on affordability. Topics include 'We Buy Houses for Cash' schemes, the rise and impact of zombie houses, and listing strategies to maximize home value. We'll also explore Santa Clara County's current housing market stats, the pros and cons of off-market sales, and highlight featured properties of the week in Mountain View and near the Apple campus in Cupertino. Special segments include understanding bank-owned properties and a home inspection checklist to prepare your home for sale. Plus, a call to action to register to vote and actively participate in civic duties. Monopoly: our NEW Economy Zombie foreclosures? "we buy houses for cash" Register to vote today REO of the Week Homes for sale near Apple Mountain View home of the week FREE HOME BUYER CHECKLIST HERE Home Inspection CHECKLIST HERE 00:00 Introduction and Overview 00:45 The Monopoly of Real Estate 01:59 Understanding 'We Buy Houses' Offers 05:01 Zombie Houses Explained 07:12 Bank Owned Property of the Week 10:13 Market Trends and Insights

Understanding Cash Offers: Insights into Selling Your Home and Market Trends In this video, Vito from Abitano provides an in-depth look at the process and implications of selling your house for cash to investors. He explains the differences between retail and wholesale pricing, the convenience versus loss in such deals, and his 'Options' program for home sellers. Additionally, Vito analyzes the current real estate market trends in Santa Clara County, discusses a couple of specific property cases, and provides insights into housing market dynamics across various regions in the United States. "We Buy Houses for Cash" Mortgage Rates this week Home Inspection CHECKLIST HERE What you get for $2MM Santa Clara County AIDA Attract, Interest, Desire, Action What you get for $1MM in SILICON VALLEY FREE HOME BUYER CHECKLIST HERE Inventory And Supply Charts 00:00 We Buy Houses for Cash 00:14 Understanding the Catch in Cash Offers 00:20 The Investor's Perspective 01:20 Evaluating Your Options 04:25 Case Studies: Real Estate Listings 06:35 Current Market Trends and Predictions

The “science of reading” won't be required for schools to adopt next year. A new law provides homeowners protection against “We Buy Houses” wholesalers. There could be an end in sight to a drought plaguing the central part of the state. And LEGO to Beaver Stadium.

Tom welcomes to the show a successful student of his, Bob Erwin, who has a background in real estate as an investor in distressed properties. Today, Bob joins the show to detail his deal flow and process, how he approaches the beginning phases of a negotiation, and marketing strategies that he has successfully implemented.Key Takeaways00:53 – Tom introduces today's guest, Bob Erwin, who joins the show to discuss his background in distress properties, how Craigslist helped him secure a deal, and his latest project07:00 – Why Bob decided to pursue Tom's program10:36 – Bob details his deal flow13:19 – From small talk to business talk17:50 – Dealing with rejection19:36 – The number one best negotiation lesson Bob has learned from Tom21:55 – Marketing strategies that have worked for Bob25:44 – Advice Bob would give to anyone hesitating to get involved in real estate investment28:07 – What Bob got out of Tom's Total Traction program and final words of advice from Bob32:14 – Tom thanks Bob for joining the show and sharing his storyTweetable Quotes“I enjoy it - vacant property, niches, tall grass, broken windows, abandoned cars, code violations, things like that. As long as somebody is living nearby that property, you can find a way to find that owner and take over that property.” (03:56) (Bob)“You find that there's a lot of people out here who just hold on to these properties. They're sometimes boarded up, they're paying fees to the city to cut the grass and things like that, but they won't sell them. Only in America does stuff like this happen.” (04:31) (Bob)“I don't pray for patience, I use it.” (07:51) (Bob)“When you find that one piece of property and you keep hitting them, and hitting them, and hitting them, and staying consistent and persistent and having a little bit of patience, that often wins you that opportunity.” (10:21) (Bob)“I was in Walmart a couple of weeks ago, and I had on my t-shirt that said, ‘We Buy Houses,' and somebody in line said, ‘You're the person that's sending me those cards all the time.' And it was somebody that I never sent a letter to, but the idea here is that they recognized who I was. I didn't make a deal with them, but I gave them my business card and I made sure they knew who I was.” (24:17) (Bob)Guest ResourcesTom's LinkedInTom's WebsiteTom's Training programDealMachine Special OfferThis podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Join Nick Lamagna on The A Game Podcast with his guest Trevor Mauch the CEO of the famous real estate investor software service company CARROT!  Carrot is the most well-known brand site for real estate investors and they have helped develop web based inbound clients to generate millions of dollars of revenue through leads for motivated sellers.  He is an entrepreneur and branding expert fighting out of Oregon and continues to help real estate investors generate millions of dollars in lead for motivated sellers! Carrot has now grown to over 50 full time employees and generating over $13 Million in revenue and impressively has done this mostly remotely!  Data tells the story in this changing real estate market and Trevor has access to an astounding amount of data from thousands of investors all across the country in real time allowing him insight into market shifts and opportunities that can make you a lot of money or save you a ton of time and mistakes!  He shares this info as well as his vision to empower and inspire real estate professionals to gain true freedom and make a bigger positive impact with their business.  Do not miss this episode jam packed with audio and video content every investor, entrepreneur and business owner will benefit from!   Topics for this episode include: ✅ How to buy your first real estate investment as a student In college ✅ How to stay up to date with the changes in technology today ✅ How to train yourself to handle obstacles in life and business ✅ The keys to eliminate the things that are draining your energy  ✅ What is the 3 year turn and burn cycle and why you need to be doing it ✅ Identifying trends in marketing to make money NOW in real estate ➡️  ➡️  ➡️ See the show notes to connect with all things Trevor, Epic, Investfuse and Carrotcamp and his Carrorcast podcast! Connect with Trevor and Carrot: Check out Carrot Here Epic Event Info Here Check out Investorfuse Listen To The Carrotcast Podcast HERE Carrot Camp Info HERE www.trevormauch.com Trevor Mauch on Instagram Trevor Mauch on Facebook Trevor Mauch on LinkedIn Trevor Mauch on Twitter Carrot on Youtube Trevor Mauch on Youtube --- 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

It's Hump Day! Sam hosts Anjeanette Damon, government accountability reporter in ProPublica's Southwest Office, and Byard Duncan, engagement reporter also at ProPublica, to discuss their recent piece entitled "The Ugly Truth Behind “We Buy Ugly Houses”. Then, Sam is joined by Vilma Serrano of the Oakland Education Association (OEA), to discuss the recent agreement struck between striking teachers and the school district. First, Sam runs through updates on Democrats' victories in yesterday's special elections, debt ceiling discussions, a potential expulsion of George Santos, the continuing abuse of Dianne Feinstein, North Carolina's abortion ban, and Missouri's reversal of a trans healthcare ban, before diving into the alleged sale of pardons by Rudy Giuliani and Donald Trump. Anjeanette Damon and Byard Duncan then join as they dive right into “We Buy Houses” and the franchises of the house wholesale industry, with individuals buying into the branding and advertising system that the national company offers to jumpstart their legitimacy, before looking to their practice of targeting homeowners that simultaneously find themselves in an insecure situation while also maintaining a higher home equity rate, allowing these seemingly “legitimate” (though largely unlicensed and unregulated) brokers to frame the sale around their debts and expenses rather than the actual worth of the house. Stepping back, Damon and Duncan explore the lack of regulation and licensing requirements in the cash-focused house wholesaler industry, as well as the actual practice of wholesaling, before wrapping up by tackling the massive information asymmetry on housing data and how the housing flipping industry aims to keep it that way. Vilma Serrano jumps right into the recent 7-day strike by the Oakland Education Association, walking through the need for the wholesale rebuilding of the Oakland public school system, and the 7 months of fruitless negotiations on the matter, also touching on the major issues at hand, and how the union hopes to address them. Expanding on this, Serrano and Sam tackle the rise of Social Unionism, and the importance of fighting for broader community needs, before wrapping up the interview by parsing through the destructive effect of Bill Gates' education reform movement. And in the Fun Half: Sam dives into the Right's ridiculous attempts to keep the Durham investigation drama alive, from Tommy Tuberville's “don't ask don't tell” tactic to Tim Pool's bank heist analogy, and touches on the North Carolina abortion ban. August from the Finger Lakes brings up the supposed redemption of George W. Bush, Liam from Portland explores class' role in intersectionality, and Austin from Georgia discusses Cop City, and police “justice.” Mike from Philly brings Marianne Williamson into the mix, and the MR Crew dives into Elon Musk's “White Supremacy's violence is a psyop, actually” take, plus, your calls and IMs! Check out Anjeanette and Byard's work here: https://www.propublica.org/article/ugly-truth-behind-we-buy-ugly-houses Get more info about the OEA here: https://oaklandea.org/ Become a member at JoinTheMajorityReport.com: https://fans.fm/majority/join Subscribe to the ESVN YouTube channel here: https://www.youtube.com/esvnshow Subscribe to the AMQuickie newsletter here: https://am-quickie.ghost.io/ Join the Majority Report Discord! http://majoritydiscord.com/ Get all your MR merch at our store: https://shop.majorityreportradio.com/ Get the free Majority Report App!: http://majority.fm/app Check out today's sponsors: Rhone: Upgrade your closet with Rhone and use MAJORITYREPORT to save 20% at  https://www.rhone.com/MAJORITYREPORT Follow the Majority Report crew on Twitter: @SamSeder @EmmaVigeland @MattBinder @MattLech @BF1nn @BradKAlsop Check out Matt's show, Left Reckoning, on Youtube, and subscribe on Patreon! https://www.patreon.com/leftreckoning Subscribe to Discourse Blog, a newsletter and website for progressive essays and related fun partly run by AM Quickie writer Jack Crosbie. https://discourseblog.com/ Check out Ava Raiza's music here! https://avaraiza.bandcamp.com/ The Majority Report with Sam Seder - https://majorityreportradio.com/

5 Ways To Flip Pre-Foreclosure Listings To Cold CA$H --> READ THE BLOG POST HERE https://myempirepro.com/blog/5-ways-flip-pre-foreclosure-listings-cold-cah/   --> WATCH VIDEO VERSION HERE https://youtu.be/jIED3rXNruk   Wanna learn the 5 ways to flip pre-foreclosure listings to cold cash?  This is what happens when you fully grasp the comprehension of value as related to income.     While pre-foreclosure is misfortune for distressed property owners, you are able to not just flip it to cold cash, you are also able to flip their sorrow to relief.   That's the value.   Over here, we talk about making money in real estate even if you are not licensed, have no big cash for capital, have bad credit or have no experience.     One of the easiest ways to do that is by learning how to work a pre-foreclosure list. Have you ever heard the saying that “money is in the list”?     We are not talking about how to buy a pre-foreclosure.  That part is easy.     All you have to do is put a call out to a real estate agent and have these things ready… your $1,000 deposit, $20,000 in closing cost and deposit balance and good credit to obtain a mortgage.   Many homeowners with properties in pre-foreclosure have admitted to the need to sell and the first people they tend to call is a real estate agent for obvious reasons.   Everyone does the same thing and that's exactly why it's not the best strategy if you are looking to wholesale pre-foreclosure for quick profit if you are not licensed, have no big cash for capital, have bad credit or do not have any experience.   Instead, in this lesson, I want to share 5 ways to flip pre-foreclosure listings to cold cash.     There are two contexts that support what pre-foreclosure listings are.     Licensed real estate agents refer to regular listings with a house that just so happens to be on pre-foreclosure records at the county records office as pre-foreclosure listing.   It's been listed like a regular house for sale to be sold hopefully before the house gets foreclosed on.  You can actually see many of these houses on Zillow.     That's not the pre-foreclosure listings that I am talking about.   The pre-foreclosure listings that I am talking about is actually a hack.  It's a list that most county governments around the United States keep and maintain of houses with homeowners that have defaulted on lien such as a mortgage, property taxes, etc.   Basically, the house is heading for foreclosure which is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan; the property.   So learning how to work pre-foreclosure listings for profit is a hack that I picked up back in 2005 and it made me lots of money.  I also made tons of mistakes along the way which I will  help you avoid right now.   We use a strategy called wholesale real estate which is the art and science of finding deeply discounted properties and securing it as a deal for investors with cold cash.   The marketing message is simple.  "We Buy Houses."  Not you personally but your endless network of buyers which I will show you how to access at the end of this video.   Without any further ado, let's countdown the 5 different ways.   Way Number 5 - County Government House   Pre-foreclosure listings can be found for free in the public records section at your county recorder's office.  These days, many of the counties have them in online portals where you can download, name, property address and the lien details.   Many of these online portals are not user friendly or designed for easy download and processing to be flipped to cold cash.  Many people are still watching old training videos and manually editing spreadsheets.   Can you make money that way?  Yes.  But I highly doubt it.   Way Number 4 - Door Knocking   If you are lucky enough to get through the process of downloading the pre-foreclosure listings from the county recorder's online portal if that exists at all, you can then jump in your car and drive around town to knock on these doors in order to offer to buy the properties.   If you've followed me over the last 12 years, you probably already know how I feel about this campaign or contact strategy.  If you are not sure, watch the video I released before this right after finishing.   Way Number  3 - Skip Trace & Cold Calling   Skip trace is the process of locating a person's whereabouts.     In the context of real estate investing and wholesaling, it's the process of finding their virtual contact information such as phone numbers and email addresses without leaving your house.   In this time and age, knowledge and information are cheap but time is a luxury.  So it's important to conduct any business profitable with less time... leverage.   Finding a property owner's contact information without having to burn time driving around to go knock on doors only to get rejected most of the time is just not smart.   It's not S.M.A.R.T.   Instead, you can spend as low as 20 cents to get additional contact data such as phone number per record and cold call or contact these homeowners to pique their interest in selling.   Can you make money this way?  Absolutely.  But not as likely as the next way I want to share with you.   Way Number 2 - Virtual Assistants   Again, this is another level higher than the previous way.  With this way, you can jump on a job board such as indeed or upwork and hire a virtual assistant who will collect and process the data in your pre-foreclosure listings and do the cold calling.   If you want to build a business, you need to leverage other people's time to go through the process so that you can align your personal energy and efforts with the actual business goals.   $82,000 highest net profit on a single deal, averaging $15,000 - $30,000 per deal.     Closed my first wholesale real estate deal in December 2005 with a $10,000 net profit right out of college with bad credit, no money for capital, no experience and no license.     This is OLA.  2 times author… Smart Real Estate Wholesaling and Real Estate Money Secrets.   I am doing an 11 days coaching challenge if you want to be the next with similar results in 7 simple steps starting right now.     The first of the 7 steps is to text the word ‘ACTIVATE' to me at (732) 517-7532 and I will text the 2nd step to you right away.    Don't forget to like and share this video with a friend.   Way Number 1 - Smart Data Driven System   It's not about leveraging just other people's time, you should also be leveraging systems and software to collect pre-foreclosure listings data and processing it.   With a smart data driven system, you can even automate all of the 5 stages from data to deal in a smart way.     What is a smart way?     SMART is a well-established tool that you can use to plan and achieve your goals... in this case, the goals being collecting and flipping pre-foreclosure listings to cold cash.     SMART stands for Specific, Measurable, Achievable, Relevant, Time-bound.   I promised earlier that I will show you how to access buyers that automatically qualifies you as legitimate and able buyer if you know how to find deals.   Rewind this video a few minutes and take advantage of the first step of the 7 steps right now.

In this episode, we talk about: How do you see the current interest rate hike affecting the real estate market? When did you start in real estate? You started We Buy Houses? What is your game plan going into a looming recession? How did using business acquisition and franchisee licensing as a business strategy work in growing your businesses? How has your marketing changed in a down versus up economy? What marketing opportunities do you see in a down economy? What do you guys do on the content marketing side of things? Do you guys do anything special, unique? What's your advice for a starting out solo entrepreneur? Where can people find you Jeremy? CLICK HERE to watch the interview on video.

“Stay laser-focused because obstacles are what you see when you take your eyes off your goals.” - Ron Odom   In this episode, my guests, Dr. Marc Halpern and Ron Odom discuss the significance of a good mindset and how personal performance can be improved. We highlight how even being held back does not exempt us from success.    Dr. Marc Halpern is the leading expert in industrial phase-transfer catalysis and the founder of PTC Organics Inc. dedicated exclusively to developing low-cost high-performance green chemistry using PTC. As a part-time real estate investor and trainer, Dr. Halpern innovated guidelines optimizing the mix of the primary real estate investment strategies: buy-fix-sell, buy-rent-hold, lease-option, and wholesaling. Dr. Halpern demonstrated the success and applicability of these guidelines to part-time real estate investing, including effective leverage of self-directed 401k and Roth 401k funds for high yield returns. Dr. Halpern co-authored the book “We Buy Houses, Sometimes!”   Since 1996, Ron Odom has invested in real estate. A diversified businessman, Ron has hands-on expertise and is a recognized authority in the areas of remodeling, buying, selling, leasing, and management of single-family homes. Ron's latest project is financial literacy classes intertwined with creative methods for real estate acquisition and exit strategies for today's youth. His goal is to educate young people ages 10 through 18 on one level; and ages 18 to 30 on another level. Listen in as we discuss how visualizing desired outcomes and doing due diligence conservatively can help improve personal performance.   [00:01 - 10:48] Finding Your Passion and Pursuing it   Finding passion in entrepreneurship and pursuing it The value of enjoying what you are doing rather than pursuing financial gain Pursue your passions to achieve success in life   [10:49 - 18:09] On the Way to Success Despite Hardships   From successful careers to discovering true passion in the real estate industry The importance of being financially viable before starting a business Maintaining a positive attitude despite hardships Being conservative when it comes to investing, doing due diligence, and being patient   [18:10 - 30:40] What it Takes to Start a Business   The way to maintain your lifestyle while also segueing into real estate investing Providing high-quality housing to attract good tenants and having long-term relationships  Having a passion and being able to offer a good product or service    [30:41 - 33:56] “Educate, Motivate, and Inspire” Segment   Education without action is just entertainment No deal is a perfect deal - learn as you go Stay laser-focused You are what you believe you are   [33:57 - 36:18]  Wrapping Up!    Connect with Dr. Marc and Ron Links below Final announcements Connect with Ron by checking out Campostella Properties LLC Connect with Dr. Mark by checking out Part Time Investors LLC Key Quotes “If you're really good at it and you have a passion for it…you have a viable business. And as an entrepreneur, go with what you know.” - Dr. Marc Halpern   “Education without action is just entertainment.” - Ron Odom   “You are what you believe you are… Whatever you believe, that is what happens.” - Dr. Marc Halpern     Let's get connected!  Website: http://financial1st-aid.com Email:  Vmccoyesq@financial1st-aid.com    Facebook: https://www.facebook.com/Financial1st-Aid-108554114941620 LinkedIn: https://www.linkedin.com/in/vera-mccoy-62917967/      LEAVE A REVIEW + and SHARE this episode with someone who wants to move from bankrupt to abundance. Listen to previous episodes on Spotify, iTunes or wherever you get your podcasts!  

In this episode, Dalyn Hazell sits down with Clayton Hepler, and they deep dive into the cash flow banking system, build lasting wealth for generations, acquisitions, finding deals, and house hacking.Clayton Hepler is a Chief Wealth Strategist and CEO of the Creative Capitalist and podcast host. He empowers entrepreneurs, executives, and real estate to create, protect and multiply their cash flow. This system positions their money in savings to earn uninterrupted compound interest while they can simultaneously put it into assets that multiply it. In other words, they can make their money work in two places to accelerate their path to financial freedom and abundance. His goal is to help over 10,000 entrepreneurs and real estate investors in their plan in reaching financial independence by December 25th, 2024.Key takeaways from this episode:03:15 - Who is Clayton and how he jumped into the real estate industry07:18 - How important acquisitions are to real estate08:36 - Jumping into real estate while enjoying your W2 job10:05 - How a W2 job can make you a better real estate investor11:40 - Why following your investor DNA is important14:17 - How to figure out your investor DNA18:46 - How the whole life insurance policy strategy works30:54 - How to build an abundance mindset and eliminate the scarcity mindsetTune in to learn more useful insights from this episode!Subscribe, Listen to our episodes and leave us a review:Apple: https://podcasts.apple.com/us/podcast/real-estate-investing-for-freedom/id1570870735Spotify: https://open.spotify.com/show/2d3nMp137jfw6MDyPPsY3jGoogle: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5idXp6c3Byb3V0LmNvbS8xNzkxNDk0LnJzcw==Connect with ClaytonEmail: clay@creative-capitalist.comPhone No.: 724-708-6677Website: https://www.creative-capitalist.com/Instagram: https://www.instagram.com/clayhepler/Connect with the Host, Dalyn Hazell:Facebook: https://www.facebook.com/dalyn.hazell/Instagram: https://www.instagram.com/dhazell24/Email: dalyndhazell@gmail.com

Welcome back everyone to “The Really REAL Real Estate Podcast!” In 2022, more companies like We Buy Houses and We Buy Ugly Houses are coming onto the real estate scene, promising to pay all cash for any home, no matter the condition or how much work needs to be done. Today, we talk about the pros and cons of selling your home to one of these all cash, no contingency, rehab. companies vs. hiring a professional, licensed realtor to sell your home. TALKING POINTS (3-5): - Introduction - What are companies like We Buy Houses? - Pros of selling your home with a company like We Buy Houses. - Cash offer (and possibly handle your closing costs, which may not be as much as you think) - Sell your home fast - Usually, the offer is contingency-free - No repairs, remodeling, or staging needed - Easy, smooth process (including having the buyers address the municipal requirements after closing – however, this is a perfect transition into the cons of selling because the municipal requirements still have to be completed prior to closing, even if the buyers are not willing to complete them after closing or if the municipality wants everything completed before closing occurs) - Cons of selling your home with a company like We Buy Houses. - You will net less money than if you listed it with a realtor - Sellers don't care what repairs or improvements you've made to the property; no chance to repair or replace to increase the selling price of the home - Many times, you give up control of the sale - May have hidden fees (watch b/c you may not be signing a traditional sales agreement) - Many of these companies are not licensed realtors, which means they don't follow the moral and ethical codes that realtors follow when running their business - Watch for scams - Who are the best types of sellers to consider this option? - Someone who needs cash quickly - Someone who is holding off a short-sale or foreclosure - Make sure you won't have any issues AFTER closing if you are staving off a short-sale or foreclosure - Someone who has a house that is in need of MAJOR repair - Final thoughts HASH TAGS: #webuyhouses #cashoffer #whatyouneedtoknow LINKS: JASON: https://jasonwilcox.cbintouch.com/ https://www.zillow.com/profile/jasonwilcox1987/ https://www.youtube.com/channel/UCrRksfKiMNteHKYRYrinAug?view_as=subscriber https://www.facebook.com/jason.wilcox.186 https://twitter.com/jason_wilcox1 https://www.instagram.com/jason.wilcox1/ CONTACT INFORMATION: JASON: Cell Phon

On this episode, we're talking about how SEO affects the home buying process with Cristina Kudlock of Mrs. Property Solutions!Cristina is the founder of Mrs. Property Solutions and she runs the day-to-day operations and tackles anything that needs to be done. She is likely the person that you'll be talking to when you call in. She is always available to help and find the best possible solution for you. Cristina and her husband Jason are both Phoenix natives but they also live part-time in Los Angeles so that they can enjoy the best that Arizona and California have to offer. Mrs. Property Solutions was started by Cristina in 2016, but it has since evolved into a family affair. This is fitting because Cristina developed her love of helping people and real estate from her parents.Watch at YouTube.MatthewMa.com!Reach out to Cristina Kudlock at cristina@mrspropertysolutions.comConnect:Facebook: https://www.facebook.com/cristinanicoleortegaInstagram: https://www.instagram.com/cristinakudlockLinkedIn: https://www.linkedin.com/company/mrspropertysolutionsWebsite: https://www.mrspropertysolutions.comLeave a review on iTunes and let me know what you think !Host: Matthew MaMatthew Ma is an Investor, Syndicator, Founder, Coach, and Podcast Host. He's a Broker Associate with eXp Realty and strives to help agents grow their business with proven, effective methods learned from experience. Through his podcast, The Truth About Real Estate, and Avant University, he educates buyers, sellers, investors, and real estate agents on the current state of the market, how to use innovations in technology, sales, and marketing to build a scalable business. As an investor and syndicator with Avant Asset Management, he's dedicated to client success by building wealth through investments in apartment building syndications. Reach out to Matthew Ma at Matt@MatthewMa.com.

Ex-Financial Planner and 20+Year Trader, Kevin, talks about how to manage your trading and lessons he has learned along the way. Allen:  Today I'm going to be talking with Kevin, who is now a good friend. I've known him for a few months now. And me came into the option genius world a little while back. And he has been a trader for a while. He's done lots of different things worked in the public sector worked in the private sector, very smart man, very intelligent. He keeps me on my toes with the questions that he has. So it's always wonderful. It's always helpful to the, to the other students, because, you know, they get the high level thinking of the questions that he asked, they get the answers to, as well. So thank you for that, Kevin, and welcome to the show. Allen: It's been a pleasure to have you yeah, like I said, you know, you keep me all you kept me on my toes the whole time. So it's like, this is really good, you know, because.. Kevin: You're actually not the first person who has told me that. So that's part of what I do. Allen: Yeah, I think every class needs one person like that. Do you know, and then as a teacher, it kind of, it makes you feel like, hey, you know, somebody is listening. And, you know, you keep pushing the envelope. So it's like, okay, if I don't know something, I gotta go figure it out. Like, yeah, I know, I do that one thing. But why do I do that? I don't know. Let me go and see if you're gonna make it. Because sometimes we've been doing it for so long. It's like, you know, it's just second nature. I just do it and do and do it. And then you're, you know, you and a couple others are like, Hey, Allen go back, "why did you do that?" I'm like, I don't know. I just does the way I've always done it. Let me figure out why we did it that. Kevin: It becomes instinctive and second nature. And sometimes, we forget why we do some of the things that we do. So it's always good to have somebody you know, especially when you're teaching to ask those types of questions, so that you can help other people understand because you've been added, obviously, a very, a lot longer than I have, and other students. Allen: Mm hmm. But you've been trading for a while. So tell me, how did you get started in trading, investing all that stuff? Kevin: Well, I've owned businesses pretty much my whole entire life. And I started, I actually got into investing when I was very, very young. And so it all started with putting out a financial plan that I wanted to be financially independent. And this was right when I got out of college, I want to be financially independent within 20 years. And so I hired a financial advisor to help put together a financial plan and help put together a life plan for me. And so that's really where the journey of investing began. I've always been a saver, so I've always saved money. So that wasn't that difficult for me. And I've always lived within my means and, and so I was able to put away money the old fashioned way, invest it right and had a lot of great people along the way. And, and that's how I kind of got started. And when it came to options, I actually first got exposed through options at a Tony Robbins seminar that I went to event, I'm a big Tony Robbins fan and have gone to nearly all of his seminars and got introduced to options. And so that was back in 1998. And so I was on the buyer side and bought options and had some success. I also, that year lost millions of dollars as well to trading options. It wasn't through anything that I did in the trading process of it is what I, the decision that I made when I held that to call options. So I held 10 contracts for AOL and 10 contracts for Amazon at $15 each. But both were in the money. And both were getting ready to expire. And I wanted to invest in one of them. And I thought AOL had the best opportunity of being in the internet world and creating the internet. And I thought that's the direction we were going and I didn't think that a bookseller, an online bookseller was going to be as successful. Well, not having cashed in and acquired 1000 shares of Amazon, which would have been worth the millions of dollars today, I missed out on that opportunity. And so that was the only the only thing trade that I've ever made that I regret, but I did make some money on it. I think I ended up making like four grand on it. So it was trading near $20. And I had a $15 option, and overall ended up making like 20,000 Plus on AOL. But of course, that pales in comparison when I could have made it Amazon. So anyways, that was my first experience of buying options. So I had some minor success. And when I became a certified financial planner, which I've been for over the last 22 years has been my main business. Then we used options to help hedge my clients' portfolios when they had very large positions. So nearly all my time in the trading business I've always been on the buying side of it and not the selling side. Allen: Interesting, interesting. I have a couple of follow up questions. The first off is most of the financial planners I've talked to, they have no clue about options, they don't want to touch options. They're like, Oh, this is too risky, I don't get paid commissions, you know, for doing options, I don't want to get into it. My, my broker dealer doesn't want us to do it, what makes you get into them? Kevin: Again, when, when I first started, it was the speculation aspect of it. And so I, on a personal side have used it for speculating. And then when I learned and I and I understood options, and who because as you and I both know, options sometimes have a bad connotation, but a lot of people think, Oh, they're too risky. And they're not something that I would necessarily toy with. A lot of times, it's just because you don't understand how options work or their misuse. So options can be used in two ways they can be used as a speculative tool, or they can also be used to hedge a portfolio and use it as insurance. And so I learned both sides of that, and found how important it was, especially as people come out of their careers, and they have very large positions and perhaps, or company stock, maybe they don't want to totally divest of it. But they're concerned that if you know their company, they hold so many shares that if they were to go down in price, they lose a lot of money, and so on in those types of situations, we would buy, or buy puts in the event that the stock were to go down, then we would be able to hedge their portfolio and protect and then they would have protection on the downside. A lot of times I think Allen, people just they're afraid of things that they don't understand. And options- most people are not exposed to unless you really go out on your own. You do a lot of reading and research or get involved in the financial world. Most people don't have that type of exposure to options. Allen: Yep, that's true. That's one of the hurdles that we have to overcome to get people to Hey, can you you know, look up? This is really good. The second question was, so you said when you were younger, out of high school out of college, I don't remember which one, but you said you had somebody help you make a financial plan? And it seems like the plan probably did very well. Would you mind sharing what the plan was or the basics of it? Kevin: Yeah. So putting together a comprehensive plan, as I as a certified financial planner, what I tell people is, it's not just about the money, it's about life. It's about putting together your life dreams and understanding and having a concept of drawing a roadmap where you want to go and make it akin like if you were to take out a boat, a sailboat, and with a sails and with a compass, you can get to your destination and stay on course, understanding that some storms may come along the way. But if you don't have a compass, and if you don't have a sails on your sailboat, you could be drifting out there forever. And so a lot of people really what I found that differentiates people from success or not is, is do they have a plan in place that helps them get to where they want to go. And so as a certified financial planner, that's what I've done most of my career I help people understand and get into in develop and define what their life dreams are, and then put together a comprehensive plan that addresses not only financially what it's going to take to get there, but also how do you address the risks that are involved? For instance, if you were to lose your job, if you were to become disabled, and you couldn't work if you required some type of long term care if if you are the breadwinner, and all of a sudden, you die, Allen, how is it that your family is going to continue to carry on? How are you how will you fund those financial goals? send your kids to college that put bread and butter on the table for your family? So we help address comprehensively all those issues. And also as well as to make sure that we minimize the amount that Uncle Sam puts in his pocket. So we address taxes, how do you invest smartly, so that you don't, you're not overpaying taxes at a later stage in life. So we put all those things together, and then make sure that you have the paperwork and the different things that are in place where for instance, you were to suddenly pass away, what are the directives that you need to have in place? What do you want to have happen? If you lose your you become health challenged? What do you do? Who's going to make health care decisions and other financial decisions on your behalf? So it's taking six areas of life planning put it all together in one comprehensive plan? And, and that's what I've done in my life and that's what I've helped people to do over my career. Allen: Interesting. Okay. Yeah, there's a lot of good stuff. You just mentioned that people need to think about some of the stuff that we don't want to think about, you know, I mean, who wants to think about dying and, you know, getting life insurance to take care of college when I'm not there and all that stuff, but it's all part and parcel of life. So you have to you have to come to terms with it. Kevin: Well then one of the larger risk, especially with younger people, and they don't always think about because younger people think that they're Superman and Superwoman. And if you are all of a sudden get into an accident all of a sudden you had a medical issue that caused you where you couldn't you could no longer work well how are you again going to continue to supply for your family how will you reach your life dreams, and so, a lot of times people don't think about those different pitfalls that can happen in life. And, and so those are the things that you need to plan for. It's not just about making money, it's about also protecting you and your family. And you know, because we can't control always what happens in life, but we can control how we're going to respond. And we can plan for many of those pitfalls. Allen: Exactly. I mean, I remember, years ago, before I got into trading, I started I tried my hand at being a real estate investor. So you know, in those "We Buy Houses" type guys, so I'd run ads and, you know, try to go see people at their homes that were in trying to sell their homes. And most of the time, I realized that people who are in a in a mess, you know, where they're, they haven't made their house payments in a while. It's not something that people want to do, you know, they're not a lot of deadbeats are like, Yeah, I'm gonna try to stiff the insurance cover the mortgage company. No, they, they literally want to stay in their house, they literally can't not pay the mortgage. And I'd go to these people's houses and you know, they wouldn't have electricity, the bills would be piled up. And they're like, you know, I don't know what to do. And I'm like, How'd you get in this situation? It's like, well, everything was fine until I got hurt. And that was the same story I heard over and over and over again, it's like, yeah, everything was great. You know, we are we were living paycheck to paycheck or whatever. We had some everything was good until we got hurt. And then all of our savings were all depleted, because I couldn't work and we had all these medical bills and all this stuff. And now, now I can't go back to work. My family's trying to make ends meet. But the bills are just too much. And so they ended up in foreclosure. And I found that was the number one reason all foreclosures in this country is just, you know, people getting hurt and medical bills and all that it's not because they don't want to pay it again. Kevin: It's the the unexpected, and I think many people that have experienced the Coronavirus. This is a perfect real life time that we're that we've been going through where all of a sudden this pandemic strikes and businesses shut down. People can't go to work. So the question is, hey, you know, aside from getting some assistance from the federal government, which has been helpful, the people that have really been able to make it, they have cash on the side. And that's another thing as a certified financial planner, we talk about, we don't know, and we cannot predict everything that is going to happen in life. And we wouldn't be having this conversation two years ago, how I mean, what would be the probability that we would be able to predict that in a few months, we're going to be going through a pandemic, that's going to shut down nearly our whole entire economy, and where people are going to get sick, over 725,000 people are dying. I mean, you would think that we were writing, we would be writing a script for a Hollywood movie, but we've all lived through it now. So it's important, so much important, even before you start putting money in the types of things that we're going to be talking about in investing that you have an adequate cash reserve of six, I recommend six months to a year of your fixed income. But to aside for the events of an emergency, or maybe it's just for an opportunity that comes along, maybe maybe it's an investment in a property that you want to make or car or something else that comes along or a great trip, you want to take your your family on, you need to make sure that you have money in the bank that's liquid, that's not subject to market volatility that you can tap into, to help you get through those difficult times. And sometimes I think some of the people in I distinctly remember, especially back going into 2007 and 2008. Before though, you know, we have the housing bubble and everything that blew up financially, everybody, you know, real estate was so hot. And so everybody wanted to put a larger portion of their money in investments in real estate. And as I tell people, if something happens, you have an emergency or something, or you need money, so you are not going to be able to chisel out a brick from your house or your investment property, take it to the bank and pay the bills or pay whatever, you know, you need to have liquidity in your portfolio. And that's the first thing that people should start saving for is to make sure that they have adequate cash for, for again, for emergencies or opportunities. Allen: I agree with you. I agree with you. I mean, it's hard for some people to get six months to a year. But eventually I think you definitely have to get there. Now you mentioned the pandemic. And I don't know if it was because we were lucky or what it was. But as a options trader, the way we trade I mean, I've had amazing in the pandemic, it's like it was the most amazing time, because made so much easy money. I mean, it was like I couldn't I, if I wanted to draw it up, you know, like, how could I make it any better? I really couldn't. It was just for people who were already trading and who already knew what to do. It was the most perfect setup. And then there were other people that got involved a little bit later that really understood learned it and they were able to, you know, they'd have to be there from the beginning. They were able to to write it up as well. And so it was I've seen that I've seen people that have been devastated by the pandemic because of different reasons. They weren't ready. They weren't stable. And then there are other issues as well. But for the people that were able to take advantage of it. I mean, this was this was amazing opportunity. And who knows, if we're ever going to get another one like that, again, maybe we will. I mean, you know, eventually markets will come down, they'll crash. And then there's another opportunity and you get back up. But I do remember, there was one guy that I don't know, forgot who he was some billionaire on the TV, and he was like, This is the greatest buying opportunity of your lifetime. And I was like, really? I mean, you know, I lived through that financial crisis, that was a pretty good opportunity to I don't know, this one's gonna be better. It might be I haven't looked at the numbers. But yeah, it's been, it's been an incredibly amazing opportunity for us. So.. Kevin: Well you with your knowledge and other people that have a lot more experience, if you've dealt you, you've gone through the different cycles in this type of a trading market. So you have a greater for you even ever, I mean, I've been through different trading cycles, but not through the through options trading. So in the in the spreads, and how markets treat those and where your successes are. So that's the one thing that as we get into this is part of the learning process and experiencing is adapting to different to different markets that you that you get into. I mean, it was a perfect time for me when I started doing this. I mean, I got into this because I was in the middle of a career transition. I had, like I mentioned, I own businesses my whole entire life, and just got finished with a 10 years of doing the public service with inside my local government for our community. And, and that was an awesome experience. So the question was, what do I do now? Do I go back and open up another business? Or do I go back and perhaps get a job in the public or private sector, I really had an interest in getting a leadership role, and a nonprofit organization, because that's one realm that I hadn't worked in yet. So I was looking for a full time job and in fact, actually up until just about a month and a half ago. But then when I started looking at and discovering the potential as going back and utilizing some of my experience in the investment world, as well, as, you know, my prior option experience, this was a great timing for me to to enter into this type of field that gives you incredible flexibility and unbelievable earning potential. Allen: Mm hmm. Yep. So you've been in finance for 20-30 years? What got you started selling options, because you were buying options earlier? What happened to make you switch? Kevin: Well, I was going back to what I had known. And so this was in January, when I was deciding. So as I mentioned, as looking for a full time job, and then at the same point in time, was doing a lot of reading research on what type of business I could potentially do. And just started seeing a lot of ads about options. And I said, "Oh Yeah, I remember I used to trade those". And I did okay you know, had good times and things. So I started actually I said, I'm going to get a look and see if I can find the best Options Trading coach that I can find and get the best service potential so that I can get back into this. And I figured if I had a pro that I could trade with, or they could show me a system that could produce potential consistent income. And I said that that might be something to consider. So I found one and he had worked for out over 25 years in the CBOE and was really energetic. I read that a lot of research about him look like he was very successful. So I signed up for the service. And you know, he touted that they had over 74% success rate ratio, which I said, that's not too bad. And so he started getting back in where we would have every single day we would meet online, and he had scanners and things that were set up. And then he would call out which when a certain thing hit the scanner, he would call out what to go, who to invest on. So you're online, and you're investing with him. And I did that and for a little while you're having success, but then also, you were having one's trades it didn't work out. And so by the the bottom line is, is to make a long story short, within a couple of months, I started looking, I said, you know, I'm having some success, but it's not really enough success. By the time you look at the trades that were winners in the trades that were losers, you weren't cutting coming out that far ahead where you feel like you could make a really decent income doing this. Kevin: And so then I started researching more. And I started, I came across the concept of selling options and your service was one of the first things in Option Genius that I started reading about. I said, Well, this is interesting, because you're touting over 80% of the options, which is you know, what should I found to be true expire worthless. So I said perhaps I'm just on the wrong side of the equation. And so I subscribed to your service and there's a couple other services that I found that sent credit spread recommendations and started doing more research around this and I said this is really really interesting. So I did not start off with your service right away. I started getting your emails continue to read I got your books and and read what you had written. And I started entering the trades that have been recommendations I was getting from other services and again, you know, in the beginning, you obviously all you're seeing is the premium coming into your account. And so when you're looking at, hey, you know, instead of paying for stuff, I'm getting money inside my account. I said this is a pretty good deal. But that was true until you got into the expiration time frame, when some of the contracts that you were in, weren't going so well. And so those particular services while they told you what, when to enter, they didn't tell you when to exit. And so I'm thinking I said, you know, some of these positions aren't doing so well. And and so again, I did that for a couple of months. And I said, Well, you know, this is again, another mixed bag. And I said, let me try to before I give up on this, let me try one more time, let me reach out and let me get engaged with Option Genius and see what they can do. Because I wanted a way that I liked what this potential what the selling options could do. But I wanted to see if I could increase my probabilities of success, which you touted through your service. And so that's when I signed up for option genius and your services, and then eventually rolled into the Credit Mastery program, which I just, it's just been absolutely amazing the amount of difference that has made and the success of my trading. Allen: Awesome. Yeah, because I remember, when you joined, you had told me that, hey, you know, I'm part of this service and this service, and I'm getting this trade and that trade, what do you think about this trade? And I'm like, Man, I don't know if they're, if they're giving you a trade, I don't know what I don't know what they're thinking, I don't know what their plan is, or anything, I can't give you any advice on that. I can show you what I'm doing. And then if it works great. So I remember that I had to kind of, you know, like you were heading in different directions and had to kind of like grab, you kind of like by the shoulders and kind of pull you over and be like, can we focus please over here? It was very interesting. It was fun. Kevin: I would have services that you would get three to four trade recommendations a day. And I guess maybe where I got confused, where recommendations, the ideas and I say, Well, this is pretty awesome. I said they're given and I'm, I guess I had the expectation that these were actual recommendations that they're saying that you should do. And so I always did a little bit of homework around that. And I would look at the charts. And a lot of these were smaller companies. And I guess, really, I wasn't really looking at the technical aspects and the things that you teach in your course, I was looking at number one, that the amount of premium that I was generating that was going into my account, I'm just like, wow, I can make, you know, 16%, 17%, 20% on this deal, and there's been some will come across like 25%, I didn't think about the risk aspect of it. And so then I would pull it the company do a little bit of research and said, Oh, man, that stock has been hammered that, you know, that's really it's been trading down. I said, it's got to go back up. Well, some of these trades, you'll get into, they didn't go back up. In fact, they continued to go down, trades would get in trouble. And I'm thinking maybe this thing will just continue to go back up. And so I started living on hoping some of these trades, I said, this thing has to go up at some point in time. Well, some of these trades didn't. And so I lost, I max loss on some of these trades. Some of these other ones, I lost 50 and 60%. And that's when I started think I said, Man, either one, I'm doing really something wrong or two, I said, What I'm entering the trades I'm entering, then perhaps maybe I shouldn't be in. And now those are the types of things that I learned when I started going through your program. The other service, I had no rules, there were no rules, there's nothing that really taught you the art and what you should be doing when you're trading spreads, you're just giving you what those recommendations are, or ideas as I've learned to call them before. And now and and we didn't have the rule set up. So now with through your program, there are definitive rules. I know now when I can look at a chart if whether something is a good idea or not, if I wanted to sell puts on something, and they're not trading, above all the three moving averages that you talked about, I immediately discard it. So I'm able to really now take ideas, even where they're from other services, your services or my own research, and immediately at least be able to spot things that I need to look at further. And so your service has really provided an amazing education to me and again, is is really increased the probability of having a successful trade. Allen: That's awesome. That's great to hear. Because you also have to look at it from the business point of it of, you know, when you're running a service, you're just giving trades and you're trying to collect that monthly, you know, the monthly subscription fee, you know, or maybe yearly or whatever it is, but you have to keep people engaged enough to be able to keep getting them to pay you over and over again. It's a tough business and you're not going to share all the secrets and all the things if they even know any secrets, because a lot of these guys I know them, they run the you know, they're marketers and we run into each other we met you know, we talk at different marketing conventions, and they're more interested in you know, how can I get more subscribers or how can I make more money per subscriber, then how can I do better trades because they know that You know, they can use probabilities and they can talk a good game. And so for a while the trades will do good. But eventually they're gonna blow up, eventually, it's gonna go down. And so the only thing they have to do is shut down the service. And then a few months later, they come in, open up another one in a different name, different website, and they start all over again. So it's you know, they just go from one to another, like when we started years ago, I can probably I remember at that time, I made a list of all the other competitors, you know, everybody who had a service who was given trades, and out of like the 50 of them that were at there at that time, there's probably two of them left, you know, and now there's like, hundreds of them, because everybody figured out "Oh, yeah, if you just say, high probability people jump in, and all you have to do is sell a high a low delta option". And it might work out most of the time. It's like, yeah, it's a little bit more to it than that. And that's why I wanted to get into it, where if you're a person who wants a membership, and subscriber and trades, you know, that's one type of person. But if you want to go further and be like, Okay, I want to actually do this for myself, I want to be in control, then you need more of a coaching, you need more of like, these are the rules, this is how we follow it and step by step by step. So that's why that's the program that you are in, I'm glad that you were in, and I'm glad that you've, you know, it worked for you. Kevin: Well, and again, it's not even being able to recognize good trades, or one, it's one part of the advantage of the program. But equally important is the risk management aspect of it. And also knowing when you need to exit a trade. And that's what I also had found and had been frustrating before, some of the positions that I had, I thought, once you got into the credit spread, you know, you ran into the end of expiration. And so some of these positions in the beginning would go in, they would do extraordinarily well. And they would, the price would continue to go up in the stock, and then all of a sudden, something would happen. And I would lose, you know, the stock would come tumbling down, and then my game would end up turning into a loss. And so being able to manage the risk and knowing when to get in and when to get out is equally important. And I also was- the mindset when I started, I said why would I ever want to exit a position when I would have two or three weeks left? And the option is so far out of the money that you know, the probability it's going to fall is very minimum. And why would I want to spend extra money on commissions and give up a couple $100 When I could just stay in it and it would expire worthless, and I would collect the whole premium? Well, again, you'll learn from experience that markets can really whack you and your positions can go down. And it is a real gut punch that you talk about. When you are on a when you're in a winning trade. And you have made your 10% Target to all of a sudden have that reverse and have actually that winning trade turn into a losing trade. And so being able to get out when you make your 10% as you prescribe. And then also making sure that you are exiting in a position that's not working when you're hitting the 25 to 30% that is really what's made the larger difference, where I've been able to increase my success ratio when I started with you, which was roughly about 82%, I was now up over now with your service about 88%. But the larger differences is that my losing trades, the amount that I'm losing is much smaller than when I was trading before. So therefore my profits have increased, because I'm getting rid of the bad trades and securing my profit and the trades that are doing well. Allen: Yeah, I mean, it does take time to learn those and you know, it's great if we give give it to you and be here this and this but it's easier said and listened to then actually done. So you know, the the fact that we have to we have to drill it in over and over and over again. It takes time and like you said sometimes you're gonna it's gonna reverse on you and you're gonna feel it. And that will be a big lesson in itself. So now, okay, so when did you get started with I think it was March, April. I think you guys started with us? Kevin: I signed up in April, your class started mid, mid May. Allen: May. Okay. All right. So how have you been doing in terms of returns? Kevin: I'm averaging about last month was a really tough month. But on average, it's been about 7 to 8% with all my costs and my losses considered together. Allen: So that's really good seven - eight months consistently and about how much time do you spend on it? Kevin: I am actually doing this full time. So up to last month of about a month and a half or so ago. Like I said, I was part of my time was also looking forward, you know, still looking for work. And then I, at the end of your program, I concluded that I believe that I could do this full time. And so full time for me now is I'm a four to six hours a day. And part of it is because I'm just I really love doing this. And so I'm always looking for for different types of investment opportunities, and so I'm always reading and researching on the positions that I'm that I'm holding, my computer stays up throughout the day. So I'm always looking for that time frame of where I might be able to, to get into another position, or to do research and things that I need to know about market conditions. So it's become a love and passion for me. Allen: And you've also told me that you also have a lot of positions on at one time, right? Kevin: I do. And so my average amount positions that I'll have, I mean, the most I've ever had on one time are 40 positions. And that's actually before I came here, as well, that's because I was taking all of the ideas and implementing. And so now, now anywhere between 20 to 30 positions I might have on but one of the things that I found and that you had taught, and when I learned about the importance of of cashing out your winning positions, when you hit your 10% profit, is that that frees up your capital to be able to invest in another opportunity. And so that's sometimes I'm able to put on even additional positions, because I have more freed up capital, because I've taken money I've cashed in and taking money off the table. And so yeah, anywhere 20 to 30 positions a month, but I've never I've never maxed out as far as the amount of margin and, and the cash that I have on my account. I'm always very mindful that I because I don't know what's going to happen, especially with these with the way the markets are trading today. I don't know what's going to happen when all of a sudden we have a larger downturn. And so I'm very mindful about the amount of margin and positions that I hold considering the current market conditions. Allen: And how much are you trading this - in terms of.. Kevin: At first it started, it was 2500. And then I moved up with to 5000, and then at 10,000. And now this is one of the things that I'm really starting to evaluate where I wanted to be position-wise, my goal is monthly income of about $10,000 a month. So I have roughly about $425,000, of what we call buying power. And that includes cash and stock positions that total of about $650,000. So I'm conservatively and I feel like I am on the track. And I'm able to conservatively generate from that about $10,000 per month and what I found and if people are wondering, well, how much do I need to start with? What I have found by the time you include your your expenses, and by the time you include your your losing positions, you have to start out with a number that you want to generate per month. So if you were to take that number and divide that by 0.5, that's where I think, the amount of money you should have in capital to start. So say for instance, you want it to generate $1,000 per month, depending upon if you're talking about cash and stocks, or just cash only if it's cash only, divide the $1,000 by 0.5, and that'll give you where you need to start. Allen: So that's 20. Kevin: Yeah, that's about 20,000. If it's if you have a mixture of stock and cash divided by a 0.25 so somewhere between 20 to $40,000. And people ask, what's the difference? Well, if part of what you're trading on are securities, that's only in their marginable securities, that's you're only going to get 50% trading power and most of those positions, it does vary. So and that's another thing that you need to if you're going to be, if you don't have all cash to trade with and I'm using TD Ameritrade Thinkorswim and you're using securities and I transfer it in security. So my account, I started out of 50,000 and then ended up bringing in some of my other securities. So I could use that as leverage. Well, some of the securities I brought over, were not marginable in that account. And so it didn't give me any buying power. So one of the things you need to talk with with your broker is how the securities you're bringing over if you're going to be using stocks to to make sure that they're marginable. And so that's what I have found so far has been a pretty good conservative range as far as what to start with. I need to first start with you have to know what you want to generate income per month. Allen: Right I mean, that could be your end goal. It doesn't I don't know if you have to start off with that much because I you told me okay, you're trying to make 10 Gray a month. That means that you need 400 on your, you know, at 0.25, right? So, for somebody who was just getting started today, and they're like, Yeah, you know, eventually I want to get there. You know, they don't need to they don't need the whole amount right now. And then that's including so you're saying 0.25 because.. Kevin: 0.025 Allen: 0.025 because the return on the stocks is going to be a little bit lower than the return on the options, right? Kevin: You're well, if you put security stocks in your account, you don't get the full buying power. Okay, as I mentioned, my buying power is roughly about 425,000 and that's with a total combined mixture of cash in securities at about 650,000 into an account. So some of them are cash secured, and some of them are against marginable securities in your account. So that's why I say if you for instance, one of the generate that income, you don't have any cash, and it's all stocks and all securities that you're writing off of, you need to lose the 0.025, because by the time you look at your expensive your expenses and your reduced buying power, that's probably about where you're going to be at as far as the ability, the amount of money you're able to conservatively generate on a monthly basis. Allen: Okay, so how does the return calculate into that? Kevin: I look at, if we look at that, that you start with 10%, that that's the goal that you're making on each investment. But I have found by the time you end up calculating expenses for trading, and also countering your losses, conservatively, it's roughly about 0.5 so you cut.. Allen: So 5%? Okay. Kevin: 5%. That's again, being conservative. And so again, you reduce that further, if you don't have cash. Allen: Oh, because you're using margin so you have to, okay.. Kevin: Pay 50. So to look at margin is 50%. So cut that five and half and point point oh, two, five as a ballpark. Allen: Okay, so are you only doing spreads with that 400? Or are you doing other strategies as well? Kevin: I'm primarily 98% are credit spreads that I'm doing, and I still am with my other service, I still daily I am on those calls. And I will, I will look at some of them, I look at it. And yeah, you know, this is a good opportunity. And that provides a little bit more of excitement into the day to because you're you're dealing in markets that are very, very fast moving, and that you have to be able to get the recommended trades in immediately. Because when you're buying the call you what we're doing is we're following institutional money. So these are people that you know, huge institutions that are making big bets, and mostly on the call side on certain stocks. So we use the concept of follow the money. So if there's a lot of big money that's going into particular, they're buying calls on something, we are making a larger assumption that they know something that perhaps we don't, and you and I both know that there's insider information that's exchanged, and that there are institutional and very large investors that may hold information that you and I may not have access to. So when we see those types of trades come across the scanners, that's when we decide to take a position the same exact position that they're taking. So we have, we have an entry amount, and we have an amount to exit on. And if you don't get in that that entry amount, then you don't take the trade. Allen: Okay so that's what takes most of the time during the day? Kevin: No that's usually done for about an hour and a half Allen: hour and a half. Okay.. Kevin: Then I go back into my personal research in the longer term for the credit spreads. And so and then, so I'm doing that, and I have lists, I mean, the I mean, one of the great advantages of your program is that you gave us a list of about 180 stocks. So I have that list I built upon that list from my own research. And I keep a running list of stocks that I am watching, primarily, because one of the rules that we that you discuss, and that I subscribe to that you don't enter in a position where there are earnings coming. So I if there's a chart that I like, and a stock that I like, and there's earnings coming up, and I can't get something before that, that goes on the list. And then at that the the day after they report their earnings, and I'm looking at and see what's happening in the stock and starting to make a decision if I want to get into something now, or if I want to watch and monitor it a little bit further. So by the time if you do this for a while, if you're doing that, your list get can get quite extensive. So I have different dates when I'm visiting different parts of my lists. Allen: Interesting. So now Okay, so you. So you're okay, so I thought that your trading journey was gonna be a little bit longer. But you started really, in January of 2021. And in about four months time, you became consistently profitable four or five months? Kevin: Yeah, I think it was helpful that I obviously understood options coming into this. So I have that part of the learning curve. When I got into this, I gave myself six months up to a year to decide how things were going to go. And like I said, at the same point in time, I was still actively seeking employment, as you know.. Allen: But now you've given up on that? Kevin: Oh, well. I really have because I this is, you know, of all the years that I've owned businesses this you have provided probably the simplest and turnkey business that anybody could ever have. This business, all I need -- I have no employees to deal with. I have all the flexibility in the world. When I want to go on vacation, we schedule more vacations. I take my laptop computer with me spend maybe a couple hours in the morning, less than when I usually have just the monitor the things that I've got and look and see if there's anything that I need to, to get into or out of, and that's it. You take this business wherever you go, I can't think of anywhere else where you have control over your income, what you make the hours that you work, I'm not worried about the Coronavirus, I'm not worried about anything other than communicating with, you know, doing my research and then having fun communicating with the market makers and, and we give a little fun because I'm not like you I can be patient. And so I'll put in bids for things and see and see what happens. And we've had fun that way as well. So and I really love it. I mean, it really has created a world of freedom, both financially and also with my family. And so I just haven't found another business, if I can do it continue to maintain that and not having to worry about all the other employment hassles. And worry about a boss having to worry about employees having to worry about meeting payroll, all I'm worried about is is my trading and and making sure that my family is financially secure. That's a lot less stress that's on me. Kevin: And that's one of the things that that I've done. And then I'm developing now is the success for my trading that I'm doing. I'm creating my paycheck for next year. And so I'm not, I'm at a point now where I am not going into my trading account, to put bread and butter in a table to pay the bills, I am exceeding what I needed. And I'm creating my paycheck for next year. So at the end of this year, I will look at all the profits that I have. And that I've made and then create my paycheck for next year, I'll put that money and a an a very ultra short bond fund or a secured fund where I'm earning a a three to 5% in interest, and then pay myself into my checking account and my paycheck every single month. So then going into next year, I'm prepared. And I'm not worried I'm not making a trade because I have to make a living. And that's what I think the one of the important messages are is that if you're going to do this full time, it's helpful if you are already financially secured or you have a spouse, or you have savings that can help you transition into becoming a full time trader. If you are at the point where you feel like you need to make a trade to pay the bills, then that's when I think you could make trades that might not be so suitable, or that might go bad because you're entering into to a trade just to generate a premium. And just to generate generate that income. But if you're in a position where you know, every single month that the bills are going to be paid because that paychecks coming into your account, you're not as concerned about putting on the volume of trades, you're concerned about putting on the right trades, and then you're working towards building the paycheck for next year. Allen: Yeah, this was something this was like really big that you you share with me. And I was like, oh my god, yeah, you gotta you gotta share this, what do you call it, sorry? Kevin: I call it the pay forward plan. And that's what we need because you're you're setting yourself up and you're getting a paycheck every single month, and you just have that and at the same point in time, that money is also earning interest. And so you're getting dividend income off of that, but you don't have that pressure that how am I going to pay my bills that you have to do at the end of the year? Look at the profits, make sure that you but you've accounted for the taxes that have to be paid on on those profits, assuming that this is coming from a taxable account, and then take out those taxes and then that's paid on your upcoming tax bill. And then you're getting a paycheck every single month. Allen: Yep so I want to I want to recap this for people just to because one of the things one of the hardest things is when you go from you know, just regular trading and having another income to going okay, I want to do this full time. One of the biggest problems and the biggest mental headaches and and hurdles people have is, hey, you know, my expenses for the month are like, you know, six, seven grand, I need my trading this month to make six, seven grand so I can pay my bills, and like you said, it's the wrong way to think about it. So what you said was, you know, you have an income another source, but you take whatever your profits you're making now and then you put it into a interest bearing account for next year. So you know, how much money is in the account so you know that okay, all my bills are gonna be paid for so that you don't have that stress of having to perform and having your trades to have to work out next year going through it month by month by month, right? Kevin: Yeah, and what I'm doing right now is I'm keeping all and this was at first I was going to take in monthly the monthly profits and take put that in my checking account and as I went along, and knowing and looking at the uncertainty the markets, I decided to keep everything into in my trading account that I was making until the end end of the year. So that way, you know, when you're at the end of the year, you know, everything has been settled, your contracts are settled, you know how much money you have made, and what you can then allocate. That is also an advantage to keep it in your trading account for the year, because as you're building up money, that's obviously giving you more purchasing power as well, too. And so, as you have successful trades and losing trades, then they'll go ahead and wash out each other. But what you do is your record, I'm doing the reconciliation at the end of the year. And so at the end of this year, at the end of December, December 31st, I will look at what I have made, and then make a determination of how much I'm going to take out of my trading account, and put into this other investment and do create my monthly income for next year. Allen: That's awesome. Yeah, it just takes once you have once you know your bills are covered, or at least part of they're covered, you know, because I know a lot of people a lot of traders are like, you know, I have to make this trade work. And that's when you have to do something, that's when you lose control, you're not in control anymore, the market is gonna dominate and emotionally you're out of it, and you're gonna lose, it's just, it just, it could happen. Kevin: Not only that, you end up taking substantial risks. And, you know, if you feel like you have to make six or 7000. That's why it's important that you have a realistic understanding going into this, of what you can generate off of your account. Because if you're expecting to generate six or 7000, and you might have 50,000 in your account, well, I'm thinking that that you might be very disappointed, or you could take risks that you should not be taking risks as you're trying to generate premium to create that six or 7000. So that's what I said, the first thing you come into this with is having an idea of what you want to make. Now again, as you mentioned, it could not this, maybe it's not the amount that you're going to make today, you can build up to it, that's fine. But first, make sure that you have the amount that you need coming in in a month that can generate the bread and butter that you put on the table to support yourself and your family and so then you can build up from that. And that's why if you use that formula, that you know, $1,000 You know, if you want 1000 A month, divide that by 0.05 or 0.25, and that'll give you the amount that you can realistically, you realistically should have in your account to generate that type of income. Because realistic expectations, I think are important cuz I think people could look at this. And many times, I've received solicitations that look like you can bet the sky's the limit on what you can make selling options. Well, maybe that might be the case, but the risk that you're taking, could easily wipe you out. And if you don't follow the rules, and if you aren't conservative, and you don't do the things to make sure that you are having a highly probable success on your trade and you're breaking all the rules just to try to generate premium, you could end up broke really quick. Allen: Right. So you're saying basically another way to say it is that two and a half to 5% returns per month is a good target to aim for in a conservative manner doing options trading? Kevin: It should be used to determine about how much you need to have in your account and generate a certain amount of monthly income. Right. As people always I hear that question I know in the class, you know, people just start and say, well, Allen, how much do I need to get started? Well, again, it really has to start with us have some type of income goal to begin with. And so I have found it to be a pretty realistic tool as far as what you should have in your account to generate a certain amount of monthly income. Allen: Yeah, that's another way to look at it. You know, to me, if somebody asked me that question, I don't look at it in the fact that, okay, you need an income goal right away. I would say that, okay, so this is like a skill, like bike riding, where I want you just to get on the bike and be able to pedal and we can take off the training wheels. So I don't care if you're going 100 miles an hour or whatever. That's the goal, eventually you'll get there. But right now I just want you to be able to pedal. Kevin: I would agree with that. I just think some people think, Oh, if I've got 10 grand in my account, can I go ahead and make three to $4,000 a month? And I'm saying no. You know, you might be taking that 10 grand may disappear really quickly. And the type of risk you're gonna be taken if you want to generate that type of thing. Allen: Yeah, exactly. Exactly. Yeah, we've had people email me like, well, you know, you say you can make 10% But that's too little. I want to make more I wanna make 20%. Can you help me? I'm like, nope. Maybe I can help you do it once. Maybe. Kevin: That's what I think the answer is yes, you can help them generate 30 to 40%. But the question is, is will they be able to keep that in their bank account or their bank account quickly evaporate? Allen: Exactly. Yeah Kevin: I think the the question is, is can you help them make 30 or 40%? Yes. Can you help them keep 30 or 40% in your bank account? Probably not. Allen: No, no. Doing it over and over again, consistency is the thing right? You got to be consistent. So okay, so when you started with us with the Credit Spread Mastery program, what were some of the or what was the one major thing that was your biggest challenge in implementing, and actually getting it done? Kevin: I think implementing and pushing the button. And that continues to be the challenge, as I say, as I look at the scaling, getting comfortable making that first investment, because when you haven't done it, and, and I had a little bit of comfort, because I had successes with some of the other services that we talked about earlier. But again, having the comfort level of being in the confidence to be able to say, to enter into a trade. And that's what I tell people I said, I said, I think that the hardest thing to overcome is that confidence level and that's where you just have that's why it's important that either you start out paper trading so you can start seeing some of the success and then starting small to build up that into that. That was the hardest thing for me. And then also is is changing my philosophy. You know when you when you talk about the rules when we're selling puts it has to be above the all three moving averages I'm looking at I shouldn't be entering something when a stock is at its lowest price, not its highest price. So it took me a little bit of time to wrap my thinking around that. And to understand that we're looking at the momentum because I'm a bargains are when I'm when I have my long positions of stock, I'm looking for stocks to hit bottom, I'm looking for good stocks to greatly reduced in price not to invest in something that's at the top of the game, I call it I call it the American way of investing. Americans seem to like to invest at the top and then sell at the bottom. So I always tease clients that that was the American way of investing, we want to do the opposite, we want to get in at the lowest point and then sell at the highest point. Well, that's it's kind of like a contrarian theory here for me, but.. Allen: Yeah that works. But for different strategy. You know, if I were if I was like, Okay, I want to do naked put, then I do exactly what you said, you know, it's like, hey, when it's going down, it's a good strong company. And that's what we advise in our, in our other program, the passive trading formula, it's like, what we want to do is we want to find good, strong companies that we don't mind owning for, like 100 years. And when we sell puts, that means that you know, the stock has come down a little bit, we can get them cheap, we can get a discount on it, and we get paid for waiting. So for that strategy, yeah, it works great. Credit spreads? I want to know what the stock is going to do. Right? I want it to tell me very clearly that, hey, I'm going up going down going sideways, and then based on that news, then I will go ahead and play with it. If I don't know what it's gonna do, I don't want to take the risk. And sometimes, you know, people, you can get as complicated as you want with it with the technical analysis, Support-Resistance. And if you can add that stuff to it, then that's great. If it helps, but it doesn't always help. So take it for what you know, it's like it's like a grain of sand. Like, sometimes it works. Sometimes it doesn't. And then we add all the other elements to increase the probabilities. And like you said, you know, if it's working out for you. I think you said you're doing 7% a month, which is, which is phenomenal. You know, if you can keep doing that you keep compounding it. Like you said, the count is just growing and growing, you're gonna be at in so you're not but you said you wanted your goal was 10,000 a month? You're not there yet? Kevin: I'm actually, I'm averaging more. So my best month so far. was just a couple months ago, I did 14 on that month, and I don't know how November's I mean, November has been really awesome so far. But I'm not making any predictions, I might be able to top 20 maybe this month, possibly. But the last time I thought I was going to do that for October, I just like in the middle of the month, I was invested so heavily on the and that was another thing that I point to bring up later on, as you get into this is is trying really trying to diversify. And that's not always easy, because you're looking at trading opportunities. And sometimes at different points in the market. Like for instance, a lot of the when I experienced the downturn for for my October contracts is because I had about 60 65% of my positions were in technology companies that all of a sudden, they decided that they were concerned about the 10 year yield on the treasury bonds, and everybody wanted to start exiting tech companies, well, all my positions really started getting into trouble, because there's a mass exodus. So that diversification, I think is also important and to try to get to that, and that's what I'm still trying to also work on is having, like, I've always preached about not having all your eggs in one basket. And so my, my long stock portfolios are pretty well balanced and diversified. I'm trying to get that way. And it's not always easy to do that. Because you come across an opportunity to say, well, this is really good, you know, the charts looking good. You like the the the prospects for the company. It's a good company that you're trading with. And so you go in and before you know it, you're overloaded on one sector. Allen: Yeah. Remember, this is one of the things that we had, we talked about a few times, you know, when I was going through your spreadsheet, looking at your trades, I'm like, Oh, they're these overloaded, he's overloaded. There's too many of them. And then like, you know, you got the lesson. So hopefully it sticks. Kevin: Like I said, and it's just it's really sometimes it's very difficult to tell And that's why I again, I tried to look for different segments that I can go into. And it's not always easy. But part of the thing I was going to share is that the importance that if your goal is 1000, once you start, you get yourself going, the you shouldn't just stop at trying to get 1000, you should try to get, if you can get into decent trades to earn more money, that should be part of your goal. I mean, it should be part of your natural goal. But I bring that up, because sometimes you are going to have down months. And so at the end, what you want to make sure that you have is if your goal is 1000, that your average is 1000, maybe some months, you're going to end up you should have 1500 or 2000 other months, maybe it's going to be 500. Or maybe you're going to lose 1000. So the whole point I'm trying to make is when you get to the point of what your of your comfort level in implementing the strategies is that you try to overshoot a little bit to compensate when you're going to have down months. And so October, I had a down month, and you know, so but the the idea is at the end of the year is to have that as an average, Allen: Right yep, yep. I mean, that's why, you know, on in our program, every trade we go is we shoot for 10% don't always get it, you know, we're gonna have months or trades where we make less money trades when we lose, but if you average it out, it comes about to be like, you know, five or 6%. And you're doing even better than that. So you're doing better than what averages but yeah, even 5% a month is 60 a year, compounded monthly, not compounded yearly, but compounded monthly, if you want to, that can be extraordinary life changing very, very quickly so.. Kevin: And at the end of the year, you're going to make the decision what your paycheck is going to be next year, I mean, with the program that I've the system that I'm coming up with. And that's that's kind of the cool thing about it. And when you think about it, if you take out your basic expenses and what you need, but are able to build up extra cash, and then the other opportunities that you could use, whether it's getting to financial independence, being able to retire earlier, you know, using that, that's just an extraordinary thing. And so that's part of my goal is again to generate additional cash flow so that you can even build a larger nest egg. And it for a while it took me because I kept on thinking what am I going to as a financial advisor, I have X amount of dollars that I like in cash. But then when you have excess cash, I always say that, you know, you're losing money because of inflation. But when you're using the excess cash to build your strategies into and to do what you're doing here. And if you're making 5% a month or seven, or whatever it is, and it's 84% of the year, where else can you take your extra cash, and make it make 60-80% I mean it just so that's when the light bulb came on, I said, Well, if I generate an extra, I'm going to keep that extra in my trading account that I don't need, and use that in the year going forward. So I can continue to build and have and have more opportunities I can, I can put on more trades and invest. And I said that is the way that you can actually see this really, really take off and propel you to financial independence or financial success of some degree. When you're able to generate and then sitting in cash at any point in time. You you decide that you're going to do something else with it if that money's there. Allen: Yeah. So when you are going through the program, what was like the biggest surprise that you had something that you didn't even expect? Kevin: How easy and simple this would be? You know, like I said, I had an understanding of options going into it. So that complexity of options wasn't there. When I first started, it took me when I started in 98 It took me a little while I bet it was at least a good six to eight months to really wrap my brain around the calls and puts where and how they function, different types of markets. That was probably the larger learning curve. When I first started options. I didn't have that going into this. I understood how they work. So the basic foundation was there, but I didn't realize again how easy and turnkey your system would be and getting you know because let's face it, we all get solicited, you know when the all sorts of different opportunities. Everybody is proposing "Hey, get rich doing this get rich doing that". And you come to almost have a very high degree of skepticism with many of the offers that you get. So there's most of them end up just going into my delete box because you know, you look at in the face and they say hey, make a million bucks. I'm thinking yeah, right. Okay. But yours, you pretty much You said everything on the line that hey, you can lose money. I'm going to help you do it consistently. I'm going to help you do conservatively. And everything you know that you have said this has been true so far. And like I said, with all the businesses I've run in my lifetime, I've never had a business that I felt like that was so simple that would provide me so much flexibility didn't have any headaches to deal with employees that the boss or anything else. And then all I needed is my laptop, laptop and internet or some type of connection into the electronic trading floor and I'm in business and I can do it wherever whenever I want and I set the amount of money that If I want to make it's up to me to take the most degree, obviously, the markets are going to have some say about it. But you know, you, you are truly Your Own Boss in this type of scenario. Mm hmm. Allen: So what do you think the future holds for you now? Kevin: I'm going to do this as long as I can, as long as I have my mental faculties together, and the market doesn't fully blow up. I guess that's one of the things that it keeps me up. It doesn't really keep me up, but it's always in the back of your mind, will I be fully invested or I'll be heavily invested in this market doing these types of strategies, when another March 20th comes in the whole entire market falls out, you know, then that's the one. That's why I try to be very mindful of that. And every day that you wake up you wondering, is this the day when the markets decided that the party's over,

Episode Summary In this episode of Get Real Wealthy Season 2, Quentin discusses the buying section of the buy, renovate, refinance and rent process.  Quentin says that buying right is probably the most important part of the BRRR strategy. If you overpay for an asset, you are not going to be able to refinance it for a price higher than the purchase price, and the strategy is not going to work. He adds that you can actually buy at market price, but it will always depend on the market. Sometimes if you're in a heavily situated seller's market, the purchase price is a lot higher than what would be considered the previous market price. That can work, if the market price continues to push up over the time of the renovation, but you're taking a risk if you're trying to predict or speculate on a future price. He further says that if you are buying high, in a fast-appreciating market, it can really benefit you, even if you bought it at the market price of today. He says that “my preference is to buy with equity and buying with equity means that you have to work harder in order to find those properties…” He dedicates his time and resources to find opportunities that other people won't be able to. You can either spend the time and marketing dollars yourself to do it, or you can give those dollars to somebody else and let them do it for you. You deal directly with a broker who has a pocket listing, or you can reach out to wholesalers.  Talking about the wholesalers' assignment fees, Quentin says that they charge for the work, time and effort they dedicate to put such deals together. The alternative is going out, spending the time and looking for off market properties yourself. You can do that by reaching out to the people who put up the ‘WE BUY HOUSES' signs, and asking to be put on their buyer's list. You can also use other sources like Property Guys or Kijiji. He further adds “create those relationships with those wholesalers…create relationships with realtors and brokers who have lots of listings that match the type of property that you are interested in purchasing.” In conclusion, Quentin says that when you reach out to them, let them know that you've got your financing ready, you have your down payment ready, and you just need the property. Furthermore, create a property scoring system that could help you filter the properties that fit your criteria.  Resources Mentioned https://educationrei.ca/ldcourses/off-market-and-discounted-properties-real-estate-system/ (Off Market Properties Course) http://goo.gl/Kp5UjA (The Ultimate Wealth Strategy: Your Complete Guide to Buying, Fixing, Refinancing, and Renting Real Estate) Important Links https://educationrei.ca (https://EducationREI.ca) https://getrealwealthy.com (https://GetRealWealthy.com) https://durhamrei.ca (https://DurhamREI.ca)

Episode Summary In this episode, Quentin talks with a member who discovered real estate investing through property management. Her goal is to grow the property management company by finding off market deals and managing those properties. We cover some sources where she can find deals and why finding the highest and best use for a property might be a better strategy The member shares that she worked as an analyst and started in real estate investing through property management. she bought her first property in Peterborough for $630,000, and now it is worth over $880,000. The cash flow so far after all expenses are paid is $1,500. Her goal is to grow their property management business, by finding off market deals and managing those properties themselves. Currently, they are trying to do flips in the area to generate that capital for these projects.  Quentin adds that while her cash flow numbers are impressive, she should try to scale it. As for the financing, he says that you don't always have to be the person that has money or don't do the financing, adding “Oftentimes you bring people together who have different components or skills and also the Raising Money for Real Estate course is a good place to start.”  He also recommends going through the “Off Market and Discounted Properties Course” as it will teach her everything, she needs to learn to find those properties.  Quentin also suggests contacting people behind the ‘We Buy Houses' signs and asking them to add her to their buyer's list. Talking about why wholesalers often have high assignment fees, Quentin says that it has mainly to do with the marketing costs. He adds that “you need to get on as many lists as you can so that if an opportunity comes up that you can take it or not take it, or you have to do the marketing yourself and pay for the market.”  He further suggests that have a good relationship with realtors and show that you're going to actually close on the property. Sometimes they may have a pocket listing that they could perhaps share with you.  Talking about the property values, he says that sometimes looking at what the potential highest and best use of the property is to add the value that you want. You have to find something and see something in the property that other people don't see, or you have to solve a problem that other people aren't willing to solve. if you can solve those problems, then you can buy something with some value to it. As long as you know what the cost is to solve that problem, you can take advantage of the value.  Quentin adds that some people have a mental blockage, and it just depends on the person that has nothing to do and somebody who gives you a limit is because they're limited. He continues by adding that everybody's different and you have to find out and figure out what do you really want, what works best for you, and what the reason is that you're investing in real estate. If it's to replace your income, it's going to be different than somebody who perhaps is using it to like to retire from in 10 years. On the subject of whether $10,000 a month is a realistic goal, he says that it is doable. He suggests listening to people who you resonate with and who resonate with you and ignoring all the noise. If you find somebody who was already doing what you want to do, then you should be listening to them. He says that by adding a few more properties to her portfolio, she can achieve this goal in the next three years or even sooner.  Furthermore, there'll be ancillary benefits that come from investing in real estate that allow you to scale your income in different ways. In conclusion, he says that “just be careful that you don't get too transactional because what happens if you get too transactional is that you're always depending on the next transaction to eat.”  Topics Discussed Introduction [00:00] His Background and Experience in Real Estate Investing [00:53] What Does She Rent

#020 - Are you ready to take on a house fix and flip project? Here are 5 important due diligence tasks for single family house renovation projects.Access the show notes including the scope of work template mentioned in this episode at:https://www.innovativeproperties.com/5-important-due-diligence-tasks-for-single-family-house-renovation-projects/Call in Your Real Estate QuestionsAsk any real estate related questions on my audio voice message hotline.Call 678-288-4181 and voice your question.I'll answer it on a future podcast episode.Subscribe to the Agent On Duty PodcastPlease subscribe to this podcast.Access the Agent On Duty podcast blog show notes to all episodes:https://www.innovativeproperties.com/podcast/Support the show - Buy me a coffee.https://www.buymeacoffee.com/johnmarion

Sometimes if your pricing model isn't working, maybe it's time to change it. Jeremy Brandt changed his model when he found out that the market determines the value of the product, he didn't. So he and his team changed up their model and it resulted in more success. Join Don Williams as he talks to Jeremy about growing your business the right way so that you could see more profit. Jeremy is the founder and CEO of We Buy Houses and truly believes in the power of lead generation. Know that as a business owner, there is a lot of money left on the floor. So you have to take the time to really think about how you spend and structure your credit card. Build networking relationships today so that you can be a successful entrepreneur!

What's the lifeblood of any business? Errr, wrong, not money! Leads! So many businesses struggle or go bankrupt because they don't have enough leads walking in the door or the phone doesn't ring enough. If you have leads, you have customers and money; if you don't have leads, then you will eventually go broke. Walk with Stefan Aarnio as he learns important lessons regarding marketing, lead selling and the hideous WE BUY HOUSES signs. It takes money to make money, why wouldn't you pay people to bring in leads through the main door? “Sometimes there is more money in the services related to real estate than there is in real estate itself. If you want to be rich, you have to think outside the box.” Learn how Stefan Aarnio went from selling luxury hotel rooms over the telephone in the middle of the night, with a major in English and a minor in music, to know every rule of the game, and winning it. Enter: https://stefanaarnio.com/ What does it take to become a self-made millionaire? What are the steps you have to take today to achieve this dream? Is it possible for you? Many have wondered, few have succeeded... Self Made: Confessions of a Twenty Something Self Made Millionaire follows the real life story of Stefan Aarnio (award winning real estate investor and entrepreneur) through the struggle of starting out with zero cash, zero credit and zero experience in his pursuit of financial freedom.

Tony Javier, today's guest, owns an INC 500 Real Estate Investment Company. Tony has been investing since the dot com bubble and has done just about 1,000 - most of which have been with no and low money down strategies. On today's show, we are focused on the marketing aspect of his business. Tony has found a niche with TV Commercials that's bringing his real estate business a 10X return and popularity in his local community as the "We Buy Houses" guy. Key Points From This Episode: Doing 1,000 deals with none of your own money The best marketing channels for investors in 2021 How TV Commercials can 10X your returns Using "Radius Letters" as a Direct Mail strategy How to cut costs paying for TV Commercials The best shows, channels and demographics to target How a coach helped Tony automate his business Tips on masterminding with your peers The trap of Parkinson's Law Links Mentioned in Today's Episode: http://www.tonyjavier.com/ (Tony's Website) Recommended Book: Indestractable by Nir Eyal 12 Week Year by Brian P. Moran http://beforethemillions.com/book (Listen to these books for free!) Lifestyle Design App: https://www.forestapp.cc/ (Forest App)

Today JD chats with Todd Baldwin and Ryan Nielsen of Investor Nitro. Investor Nitro's lead generation team received the opportunity to help We Buy Houses investors with lead generation in 2016. Since then, they've fine-tuned the digital marketing strategies that attract the type of leads specific to America's real estate investors. Show notes and transcript at REIMastermind.net Investor Nitro was born after parent company Everyday Media Group found that real estate investors needed a solution for getting online fast. We wanted to provide a place we could focus on real estate investor's unique lead generation needs. Our team is ready to help entrepreneurs even more excited about motivated seller leads than we are! Investor Nitro members can expect the same quality of service that Everyday Media Group embraces: Transparency, ROI, and Best Customer Service on the Planet.

Today JD chats with Todd Baldwin and Ryan Nielsen of Investor Nitro. Investor Nitro's lead generation team received the opportunity to help We Buy Houses investors with lead generation in 2016. Since then, they've fine-tuned the digital marketing strategies that attract the type of leads specific to America's real estate investors. Show notes and transcript at REIMastermind.net Investor Nitro was born after parent company Everyday Media Group found that real estate investors needed a solution for getting online fast. We wanted to provide a place we could focus on real estate investor's unique lead generation needs. Our team is ready to help entrepreneurs even more excited about motivated seller leads than we are! Investor Nitro members can expect the same quality of service that Everyday Media Group embraces: Transparency, ROI, and Best Customer Service on the Planet.

In this video I answer a question from a subscriber Unaray Sims. He asked if wholesaling is becoming saturated with all the new people jumping into the market and how can we stand out from everyone else.   Wholesale real estate is still a very niche subject. Not everyone knows about it yet but surely enough more people are getting into it. For instance, the las vegas real estate market is quite competitive. Wholesalers like Ryan Pineda are advertising on television and others are advertising on radio etc. Some markets are much more competitive than others and it may feel like a market is saturated because of that.   As you drive down the street and see more and more bandit signs exclaiming "WE BUY HOUSES!" it's becoming clear that more people are interested in our niche.   Jerry Norton recently talked about wholesaling becoming "mainstream". I disagree with this sentiment. I believe the vast majority of people have never even heard of wholesaling however anything that promises quick profits is sure to get a lot of clicks and views and therefore a lot of people trying out the method.   Overall, most people start and then quit when they find out about wholesaling. Within a year of beginning most people have already given up and moved on to the next fad out there.   Setting yourself apart from the competition involves creating a brand presence for your wholesaling business and being active in your market. Once potential sellers see that you have helped others in similar situations they will be a lot more likely to want to do business with you. But in the mean time you can create a presence online and offline that's attractive to buyers and sellers.   Hope this video helps! Hit the like button for me on this video, I'd really appreciate it. Subscribe if you're new!  CHECK OUT THESE LINKS IF YOU NEED MORE HELP!  

Episode Summary In this episode, Quentin talks with a member who is looking to quit her profession, and move into real estate investing full time. We explore flipping and discuss other strategies as she wants to get started. The member shares that she has been working as a secondary teacher for the last 12 years, but she has always been business-minded. She learned about the foundations of real estate investing from her father. Now, she wants to start a new career in real estate investing and even interior design at the same time. Now, she wants to learn about the best options that would allow her to quit her teaching career and move into real estate full-time. She shares that they have an increasing line of credit so that they can use it towards investing and purchasing an investment property. She also bought a small condo in Calgary, which was zero money down. Now, they have around 250k available in the home equity line of credit as well as some savings. Quentin adds that strategy is really important, but it's also important to figure out timelines. Quentin shares that anything is possible, and it's always dependent on your commitment to be able to do anything. There are lots of great investing strategies, some require you to be more active and other ones are more passive. He adds that the properties should be cash flow positive and gain appreciation. It takes time to build up properties and especially if you are doing it the first time, it'll probably take you a little bit longer. As for flipping properties, the timeline is shorter, but it requires more work. It requires you to either find properties off market or work with wholesalers. Rent to own is also a strategy that helps you to create income. While the member is interested in flipping, Quentin adds that every strategy has its pros and cons, and he recommends joining the bi-monthly Q&A calls sessions to learn more about which strategy suits her the best. She shares that she plans on acquiring a property to flip, but if it doesn't work, she would use BRRR as an exit strategy. Quentin adds that it is great to have multiple exit strategies. He says that in order to do to be successful at a flip, you need to actually buy the property with some equity in it or solve a problem, and not off the MLS. He suggests going through the Negotiating With Private Sellers and Off Market Deals courses. He adds that in real estate, you need to know your numbers more than everybody else. He also suggests getting on some of the buyers lists by people who post We Buy Houses signs, as they're looking to most likely assign some of those deals, and those are the opportunities for potential flips. Quentin also suggests finding somebody who's already done flips, and partnering up with them. That way, you can see the ins and outs of how the process works, what they do, even if you're a money partner. He adds that “a lot of people think that real estate is about bricks and mortar, it really isn't. It's really about the relationships that you build with people.” In conclusion, he recommends getting on wholesale lists, so that she doesn't have to pay commission to the realtor, and partner up with somebody who has successfully done flip projects. Topics Discussed • Introduction [00:00] • Her Background and Experience in Real Estate Investing [01:04] • Does She Have Any Equity in Her Primary Residence? [03:05] • How Much Equity Does She Have in Her Primary Residence? [03:50] • When Does She Want to Leave Her Teaching Job [04:31] • Which Strategy Does She Want to Focus On? [07:50] Resources Mentioned • https://educationrei.ca/ldcourses/negotiating-with-private-sellers/ (Negotiating With Private Sellers ) Important Links • https://EducationREI.ca (https://EducationREI.ca) • https://GetRealWealthy.com (https://GetRealWealthy.com) • https://DurhamREI.ca (https://DurhamREI.ca)

On today’s show we’re talking about hunting versus farming. Hunters go out in the morning, they catch their prey. They cook a big meal and they eat for a day, maybe longer. But the work of producing the food magically happened somewhere else. The same is true for fishermen. They catch their prey, but they don’t nurture it or do any of the hard work over a longer period of time to actually produce the food. They simply go out and catch it. They might lure it in and trap it. They might happen across it and tackle it to the ground. Hunters are transactional. They are opportunists. Farmers on the other hand work in harmony with nature. They know that you can’t grow anything anywhere. There are certain locations that are better suited to one type of crop versus another. You’re not going to grow rice in the rain forest. You’re not going to get Maple Syrup in the desert. If you want to make great tomatoes, you’re looking for a unique combination of soil composition, rainfall, sunshine. There is a season for planting. There is a season for weeding. There is a season for harvesting. You wouldn’t dream of planting seeds as the weather gets colder in the fall. You wouldn’t dream of harvesting in May in the Northern hemisphere. There is a season for everything. By now, you’re probably wondering what this has to do with real estate investing. There are hunters and farmers in real estate investing as well. You know the hunters. They’re the ones who have the business cards that say “We Buy Houses”. They’re looking for deals below market value. They’re going to flip the contract to another buyer for an assignment fee. They’re very transactional. They eat for a day, or maybe a week. But then they have to go do it all over again. There’s nothing wrong with being a hunter. Just understand that hunting is an earned income. It requires you to get up off the sofa and go out into the wild and hunt your prey. If you don’t hunt, you don’t eat. There are farmers in real estate investing as well. They might be involved in new construction. Farmers are long term landlords. Farmers focus on value creation over a long period of time. Farmers invest in properties years before they expect to harvest. Well, real estate investing has seasons as well. There are seasons for planting, and there are seasons for harvesting. That doesn’t mean that you need to sit idle when the seasons are changing. Right now I believe we are in a season for harvesting. You could also be looking past the current season and be planting for harvest in 5-7 years from now. But if your goal is to work the earth like crazy, slam the seeds into the ground, water every hour and hope to harvest in a few weeks, you’re probably going to be disappointed. Farming doesn’t work that way. We know that better opportunities are just around the corner. Waiting can be incredibly frustrating. It seems like inaction. Waiting feels like analysis paralysis. You would never tell a farmer to get off their butt and get out into the field and start planting new seeds in the autumn. It doesn’t make any sense. The seasons are clear. When I speak with established investors and developers who understand the economic cycle, they’re very clear on the seasons as well. You can start a project that will complete in another two years or even five years. But a project that is projected to complete in the next 6 months is incredibly risky. You stand the chance of being caught out of step with the seasons. Even hunters need to pay attention to the seasons. There is a hunting season. You don’t hunt for deer in March. There is a season for hunting as well. You can still undertake projects in today’s environment. You just need to be mindful of being in harmony with the season.

David Ounanian “David O” is a real estate agent and investor in St. Louis, MO. A former full-time corporate software engineer turned full-time entrepreneur after becoming obsessed with escaping a 9 to 5 and determined to make financial freedom a reality for him and his family of 4. David’s first company, Transform St. Louis LLC, is mission-based aiming to have a significant positive impact on the community, while being self-sustaining generating profits from its “WE BUY HOUSES” tagline service. When David started this business in late 2017, he quickly realized the joke was on him as he needed to transform himself before his company could make an external impact in the community. From losing thousands of dollars on the first flip, to David’s lifelong personal fear of public speaking, there’s been plenty of challenges to overcome.   David has become incredibly persistent and growth minded with all aspects of his life including facing his fears, and has established himself as a motivational speaker at local REIAs and corporate offices. This public speaking platform has allowed him to support the campaign to #eliminatethewaitlist of the 1000 children at Big Brothers Big Sisters waiting for volunteers. Today David and his businesses have donated over $25,000 to local charities and helped recruit over 400 volunteers to become Bigs.   David continues to grow his business doing flips, BRRRRing to build his rental portfolio, and serving his retail and investor clients. His experience has uniquely positioned him as a true investor-friendly agent who coaches his clients on successful investing strategies. Investing in real estate has been life-changing for David, and he is passionate about sharing this message and helping others start their journey of becoming financially free.     In this episode, Karen and David discuss: Success Story of David Commit to Get Leads Referrals are both free and highly effective. All you need to do is talk to people, build that trust, and network. Who you know is more important than what you know.  Consult to Sell Find out their biggest challenge very first and do what you can to help them solve that, whether it is through your services or through a referral.  Connect to Build and Grow Position yourself as the expert on social media with a call to action at the end of every post. Have your social media work for you with valuable content.  Success Thinking, Activities and Vision Mindset is up to 95% of your success. You have to have a big why and you have to believe it.  Sweet Spot of Success   "I knew that having a big why was going to power me through all these failures that I was going to face and try to fail forward."- David Ounanian     *5 Minute Success - Listener Giveaway* Go to AgentDavidO.com/Deals to receive your FREE copy of 47 Proven Ways to Find Real Estate Deals In Any Market ebook!     Connect with David Ounanian: Website: AgentDavidO.com & TransformStLouis.com Facebook: Agent David O LinkedIn: David Ounanian Instagram: @agentdavido     About the Podcast Join host Karen Briscoe each week to learn how you can achieve success at a higher level by investing just 5 minutes a day! Tune in to hear powerful, inspirational success stories and expert insights from entrepreneurs, business owners, industry leaders, and real estate agents that will transform your business and life. Karen shares a-ha moments that have shaped her career and discusses key concepts from her book Real Estate Success in 5 Minutes a Day: Secrets of a Top Agent Revealed.   Here’s to your success in business and in life!     Connect with Karen Briscoe: Twitter: @5MinuteSuccess Facebook: 5MinuteSuccess Website: 5MinuteSuccess.com Email: Karen@5MinuteSuccess.com   5 Minute Success Links   Learn more about Karen’s book, Real Estate Success in 5 Minutes a Day   Karen also recommends Moira Lethbridge's book "Savvy Woman in 5 Minutes a Day"   Subscribe to 5 Minute Success Podcast   Spread the love and share the secrets of 5 Minute Success with your friends and colleagues!     Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.  

Today's guest is Jacob Blackett. Originally from Reno, Nevada, Jacob began his real estate career in 2010 as a sophomore at the University of Nevada, Reno, when he bought and sold his first two residential “fix and flip” properties in Southern California. Since he made the move to the Midwest in 2012, Jacob has placed over $40 million into income-producing real estate. In June of 2018, he founded SyndicationPro with Ameet Mehta on the basis of providing better technology solutions for fellow syndicators. Outside of business, Jacob enjoys staying active, volunteering as a Big Brother, and education as a hobby.   Things you will learn in this episode: [00:01 – 05:17] Opening Segment I talked briefly about valuable information that you can take advantage of in this episode I introduce the guest, Jacob Blackett Jacob talks about how he got into the real estate industry The concept of not having someone who dictates your time [05:18 – 14:06] How to Find Deals Jacob shares how he was finding deals when he was starting in real estate Set up “We Buy Houses” signs Direct mail campaigns Auctions Transition to multifamily real estate Focused on direct to owner deals Jacob shares the advantages of doing direct to owner deals How he reaches out to owners or find deals in the market [14:07 – 27:06] How to Syndicate Real Estate Deals Like a Pro Jacob talks about his syndication process How they came up with a syndicator's platform Switching to an online platform solution for syndicators How do you transition online to make it effective without losing some of that personal touch?  Jacob shares some tips and his strategies to attract investors  If you can't get your family and friends to believe in you, it's going to be a challenge to get strangers to trust you [27:07 – 36:26] Syndication Pro Jacob walks us through how you can get started with their platform, SyndicationPro How reservations work with SyndicationPro Visit their website now and test out their software demo! See below for the link. Real estate CRM Can I integrate SyndicationPro with my website? Where can people connect with you online? See below for social links.   Tweetable Quotes: “People that know they can trust you already are gonna be a lot more apt to wanna invest than going to a stranger. They don't know who you are, right? So if you can't get your mom or your dad or your grandmother to invest in your deals because they don't believe in you, it may be challenging to find a stranger to trust you.” – Shane Melanson “All of this started with the right deal. So if you're in that scenario where you just don't have any investors, then you need to go find the group that's doing deals; they have the investors. Say, ‘let's do the deal together,' and use that to compound your track record.” - Jacob Blackett   Resources Mentioned: SyndicationPro Club Syndication by Shane Melanson   You can connect with Jacob on LinkedIn. To learn more about SyndicationPro, visit their website https://syndicationpro.com/ and grab a free 14-day trial of their software.   LEAVE A REVIEW + help someone invest in commercial real estate with confidence by sharing this episode or click here to listen to our previous episodes. Follow The Investing Podcast in all Streaming platforms. Deezer, Apple Podcasts, Google Podcasts, Spotify, or visit our YouTube Channel. Visit my website for more information on my services, new book, and my blog. Follow me on Facebook, Twitter, and Instagram.

Nick Tang has an amazing story, escaping communist Vietnam as a child to learning things the hard way as a budding entrepreneur. Today Nick hosts one of the largest networking groups in the NYC metro area hosting multiple large summits per year. Aaron tells the story of how Nick helped him get started 10 years prior with his first box of "We Buy Houses" signs, Nick explains his past party business, how to fill a room and much more.0:00 Intro0:38 Aaron's first box of We Buy Houses signs1:00 How Nick and Aaron met2:49 Who's paying the phone bill4:41 Escaping communism7:27 Nick's party business8:21 The key to success10:04 Outsourcing12:17 Don't just jump into education14:56 Nick's secret to events20:48 How to provide content23:07 content creation help27:41 contact Nick TangThe Passive Cash Flow Podcast is for beginner or experienced investors. Subscribe today to learn how you can diversify out of the stock market, own a part of an apartment building & start earning Passive Cash Flow!Peoples Capital Group has been helping passive investors build wealth in NJ real estate for 10 years.  Visit www.PeoplesCapitalGroup.com to find out if you qualify to start earning passive income and pay less taxes via investing in real estate. IRA's and 401K's are accepted.--https://www.facebook.com/peoplescapitalgroupnj/https://twitter.com/PCGrealestatehttps://www.linkedin.com/in/seth-martinez-29729a21/https://www.linkedin.com/in/aaron-fragnito-620b93173/https://www.youtube.com/results?search_query=peoples+capital+group#NJRealEstateInvesting#AaronFragnito#PassiveCashFlow#PCGSupport the show (https://www.peoplescapitalgroup.com/)

If there’s anyone who knows how to market to motivated home sellers like the back of his hand, it has to be this episode’s brilliant guest. Not convinced? For more than 2 decades now, he has generated a staggering 4 million motivated seller leads! Jeremy Brandt is a serial entrepreneur, lender, and angel investor. His primary focus is in the founding, funding, and building of companies that leverage marketing and technology to scale quickly in the real estate market. Jeremy is also the founder and CEO of Fast Home Offer, 1-800-CashOffer, and We Buy Houses. We Buy Houses is one of the most trusted and recognized names in the residential real estate investing space today. In this episode, Jeremy shared his thoughts and insights on the current marketing trends and gave expert recommendations in terms of areas you should spend your marketing dollars on. Gifted, insightful, and astute, it’s no wonder he’s a regular contributor on FOX News, CNN, FOX Business, and USA Today, among many others! RESOURCES: Fast Home Offer WeBuyHouses REI Radio Program

Sitting down with a Blueprint member to review issues he's having with a client website in the We Buy Houses niche and how they can improve organic performance.Support the show (https://ryanwashere.com)

My guest in this episode is David Ounanian. David is a real estate agent and investor in St. Louis, MO. A former full-time corporate software engineer turned full-time entrepreneur after becoming obsessed with escaping a dreaded 9 to 5 and determined to make financial freedom a reality for him and his family of 4. David’s first company, Transform St. Louis LLC, is mission-based aiming to have a significant positive impact on the community, while being self-sustaining generating profits from its “WE BUY HOUSES” tag line service. When David started this business in late 2017, he quickly realized the joke was on him as he needed to transform himself before his company could make an external impact in the community. From losing thousands of dollars on the first flip, to David’s lifelong personal fear of public speaking, there’s been plenty of challenges to overcome. David has become incredibly persistent and growth minded with all aspects of his life including facing his fears, and has established himself as a motivational speaker at local REIAs and corporate offices. This public speaking platform has allowed him to support the campaign to #eliminatethewaitlist of the 1000 children at Big Brothers Big Sisters waiting for volunteers. Today David and his businesses have donated over $25,000 to local charities and helped recruit over 400 volunteers to become Bigs. David continues to grow his business doing flips, BRRRRing to build his rental portfolio, and serving his retail and investor clients. His experience has uniquely positioned him as a true investor-friendly agent who coaches his clients on successful investing strategies. Investing in real estate has been life-changing for David, and he is passionate about sharing this message and helping others start their journey of becoming financially free. Interview Links: Transform St. Louis Resources: Create A Strategy Become The Bank Join Our Community

Looking to sell your Tucson home fast?   Looking at We Buy Houses companies in Tucson?  Wondering “How does We Buy Houses for Cash Work?” This article will give you a clear idea of all the options available in the market today!  How Does We Buy Houses Work? As a Realtor who Invests in Tucson, I have frequently come across Tucsonans who have seen the yellow “We Buy Houses” signs on the side of the road.  This often causes confusion to the passerby… many times, people wonder if it is a scam of some sort!  As with most things, if it seems to be good to be true, it usually is!  In this article, I will share with you some hard won lessons after 23 years as a Real Estate Broker who Invests in Tucson!   See the rest of the article at www.KarlBuysHouses.com @ http://bit.ly/2ZujfpV  #tucson #tucsonrealestate #tucsonhomesforsale --- Send in a voice message: https://anchor.fm/karlbuysho/message

Ok, I’ll be the first to admit when I am wrong, and THIS Time I was wrong, I am speaking about direct mail.  The reason I have not been a huge fan of this method of marketing is that it’s generally the least effective form of marketing I see.  Although it does work to some degree, the “acceptable” engagement rates are lackluster at best. Word on the street is that an acceptable response rate on direct mail is around 2% which for me is simply unacceptable. If you have been paying attention, you have heard me say that I am studying the art of writing sales copy from people like Jim Edwards, Gary Halbert, Dan Kennedy, Eugene Schwartz to name a few.  This week I just finished Dan’s book called “The Ultimate Sales Letter” when I had an epiphany I felt I needed to share with you. I discuss this in greater detail during the episode so be sure to listen in to grab those nuggets and put them to use immediately.  After all, how many “We Buy Houses” letters or postcards are you willing to pay for? PS: A GREAT way to start learning is to grab a free copy of Jim Edwards new copybook at CashFlowGuys.com/CopyBook

Everyone wants to get deals and raise money, however, I am of the belief that few are willing to innovate in order to accomplish that.  By innovate I mean to take specific steps to stand out from the rest in your market.  We are surrounded by marketing messages everywhere we look, as the saying goes...Innovate or Die! In this episode, we will discuss the real estate investor’s biggest waste of money. “We Buy Houses” is dead..we ruined it by overusing it matching with a sketchy reputation of those who do use it.  To many sellers it says “I am about to get lowballed” or maybe those “We Buy Houses People Are Sketchy”, either way, its no longer a worthwhile message to put out to the universe. Building relationships is the key to get to the closing table and beyond.  To effectively build relationships, know, like and trust are the ingredients.  To build relationships we have to overcome any opportunity for a negative assessment of what we are offering and the simplest way to accomplish that is to avoid those situations in the first place by modifying your marketing message. Untargeted marketing is a colossal waste of money and time.. In fact..it’s the #1 money waster for real estate investors. If you use the same copy like everyone else, the same subject lines and titles, the same descriptions of what you offer, how can you expect to be any more successful than the next investor? When I was learning how to build funnels and market myself effectively I invested very little time in my titles or subject lines and most of my time in the body of what I was writing. I couldn’t figure out why my copy did not covert well. I had no title, no subject line, nothing to grab the reader’s attention. What if, instead of “We Buy Houses” you used “How To Find A Good Buyer Fast In As Little As One Week” or “How To Find A Qualified Home Buyer Today” Then give them a place to go to get that information in exchange for their contact information. In this episode, I give specific examples of better sales copy you can use to convert motivated seller leads and find financial friends to raise private money from.  Much of what I have learned came from reading my new favorite book (link below), you can get a free copy if you pay a couple of bucks for shipping by using my affiliate link at CashFlowGuys.com/CopySecrets    

Here's your opportunity to get your wholesaling real estate and investing questions answered LIVE and on the replay of this video in the comments section.Follow Me on Instagram and Twitter @askflipmanFind and Flip Deals Faster with https://Dealulator.comHere are some of the real estate investment questions for this weeks show:+ ​How long does it take a cash buyer to respond back with an offer after receiving all the details pics & info on the property?+ What kind of contact and paperwork needed for mobile homes? I want to see what I need to close this deal+ Quick question, is it legal for a Canadian citizen to wholesale in the states without a work visa or any documentation ?+ Ms. Williams, does your finding service approve loans to LLS’s that’s trying to build business credit, but currently does not have any credit due to being a new investor/company?+ What were your top 3 lead generation or marketing strategies when you first started out? How did those evolve as you learned more and matured in the market?+ What do you think about using Landglide and Deal machine apps?+ ​Is advertising "We Buy Houses" on Craigslist an effective way to generate leads?+ Are there any restrictions on wholesaling in Ohio?+ Is doing a deal with a realtor a good Idea for your 1st deal+ ​How do a build my cold calling list besides tax delinquent properties+ ​I just got a house under contract today but the house is bordered up the owner told me to enter an take the bords down. is it a good idea or make him do it.+ A wholesaler called me thinking I’m a cash buyer, how do I approach this?+ Why the realtor passing that on to you. Where I am at you have to compete with realtor s as everyone has access to cash or LOC#wholesaling #realestate #flipman

Here's your opportunity to get your wholesaling real estate and investing questions answered LIVE and on the replay of this video in the comments section.Follow Me on Instagram and Twitter @askflipmanFind and Flip Deals Faster with https://Dealulator.comHere are some of the real estate investment questions for this weeks show:+ ​How long does it take a cash buyer to respond back with an offer after receiving all the details pics & info on the property?+ What kind of contact and paperwork needed for mobile homes? I want to see what I need to close this deal+ Quick question, is it legal for a Canadian citizen to wholesale in the states without a work visa or any documentation ?+ Ms. Williams, does your finding service approve loans to LLS’s that’s trying to build business credit, but currently does not have any credit due to being a new investor/company?+ What were your top 3 lead generation or marketing strategies when you first started out? How did those evolve as you learned more and matured in the market?+ What do you think about using Landglide and Deal machine apps?+ ​Is advertising "We Buy Houses" on Craigslist an effective way to generate leads?+ Are there any restrictions on wholesaling in Ohio?+ Is doing a deal with a realtor a good Idea for your 1st deal+ ​How do a build my cold calling list besides tax delinquent properties+ ​I just got a house under contract today but the house is bordered up the owner told me to enter an take the bords down. is it a good idea or make him do it.+ A wholesaler called me thinking I’m a cash buyer, how do I approach this?+ Why the realtor passing that on to you. Where I am at you have to compete with realtor s as everyone has access to cash or LOC#wholesaling #realestate #flipman

Here's your opportunity to get your wholesaling real estate and investing questions answered LIVE and on the replay of this video in the comments section.Follow Me on Instagram and Twitter @askflipmanFind and Flip Deals Faster with https://Dealulator.comHere are some of the real estate investment questions for this weeks show:+ ​How long does it take a cash buyer to respond back with an offer after receiving all the details pics & info on the property?+ What kind of contact and paperwork needed for mobile homes? I want to see what I need to close this deal+ Quick question, is it legal for a Canadian citizen to wholesale in the states without a work visa or any documentation ?+ Ms. Williams, does your finding service approve loans to LLS’s that’s trying to build business credit, but currently does not have any credit due to being a new investor/company?+ What were your top 3 lead generation or marketing strategies when you first started out? How did those evolve as you learned more and matured in the market?+ What do you think about using Landglide and Deal machine apps?+ ​Is advertising "We Buy Houses" on Craigslist an effective way to generate leads?+ Are there any restrictions on wholesaling in Ohio?+ Is doing a deal with a realtor a good Idea for your 1st deal+ ​How do a build my cold calling list besides tax delinquent properties+ ​I just got a house under contract today but the house is bordered up the owner told me to enter an take the bords down. is it a good idea or make him do it.+ A wholesaler called me thinking I’m a cash buyer, how do I approach this?+ Why the realtor passing that on to you. Where I am at you have to compete with realtor s as everyone has access to cash or LOC#wholesaling #realestate #flipman

Come visit us on Saturday at Abode Studios! There will be art, Bowtie BBQ, and puppies. What more can you ask for? Escaped inmates from a SC prison take a field trip to Savannah before being captured "We Buy Houses" signs create an uproar in Savannah Savannah Airport has been voted the second best in the country Two murder convictions from Savannah upheld in GA Supreme Court New haunted house coming to Savannah.

I am sure you have seen the "We Buy Houses" signs all over the Tampa area. First these are not scams, they will buy homes at a discount. Most of the people or companies behind these signs are NOT licensed so they can't help you sell real estate but can buy your home, no agents need to be involved but please remember they are not held to any state regulations as a licensed real estate agents are. Licensed agents are held to rules and regulations while real estate investors aren't so most see a real estate license as a burden. With that being said there are bad real estate agents and investors, just like there are great agents and investors so never settle for someone who makes you uncomfortable. The problem is that most home owners get stuck with a "wholesaler" in the middle. A wholesaler isn't licensed (most of the time) so they can't sell your home to an investor, all they can sell is the contract to buy the home. It gets very confusing for a home owner and it isn't a bad thing if they have an investor who will actually buy the home. The issue is they put your home under a 10-15 inspection period to find that cash buyer, what happens if they don't find one? Most of the time they can't purchase this home, so you just wasted precious time. So it might not be worth it to work with that person, that will be your decision but just understand what is going on. If you just contact me instead to represent you, I will not list your home but instead connect you with all the cash investors to see what is the best deal for your situation. P.S. Not all real estate agents know how the investment side works so if you use one please ask them if they understand how this works and how investors make offers (remember they offer at a discount). How do you connect with me? Follow me on FB! https://www.facebook.com/kristynbradleyrealtor YouTube! https://bit.ly/2QCc9cZ Instagram! https://www.instagram.com/kristynbradley13 Kristyn Bradley Kindness, keys and everything between! Your Tampa Bay Area RE Agent

Welcome to episode two. In this episode, I will talk about the beginning of my real estate journey which began over 30 years ago. I will touch on:   What caused my curiosity in real estate What I did initially to learn about real estate A little about my first couple of deals And transitioning to where I am today - continuing to buy but also working with agents and other investors   Where It All Began…   I first became interested in real estate as a teenager. Even in high school, I knew I wanted to generate income, but back then I didn’t realize it was in a passive manner. Doing my research led me to real estate. I can recall reading books on the subject by both investors and developers. I had always thought money was generated in exchange for time. But I wanted to learn how to make money without spending all of those hours. With real estate, I learned that I would be able to achieve the profits I was after without the time commitment.   I discovered I could buy one house, rent it out, and have the tenants pay it off for me. Once the house was paid off, it would be instant income. I would be creating assets for myself that others paid off. I learned how to leverage assets, always making sure the income was much greater than the expenses.   How I Started…   After high school, I joined the military. Investing in real estate wasn’t really an option for me as I was deployed, off somewhere on a ship, not able to close the deals I wanted to. I didn’t have the time to complete the tasks that would be required to close deals. During this time, I continued to read. I went to seminars, and I learned all I could. I learned enough to be dangerous.   My first property purchase happened in the late 80’s during the S&L Crisis. It was a condominium in Pensacola. I was familiar with the area, having lived and trained there while in the military. I enjoyed going there so the purchase seemed like a no-brainer. I had good credit and was able to take over the loan, with little money down. I was able to quickly find a renter, and from there things were easy. It was a great property, in fact, I wish I still had it!   My second property was a different story. I was also stationed in San Diego during my time in the military. I thought maybe I should reach out to the “We Buy Houses” guys, hoping to work with them on a deal. I had some money saved up and eventually made a deal with a wholesaler. His team fixed up the property, but meanwhile, the market was shifting. I was in over my head, with a property I never should have become involved with. My lack of experience and success of my first deal led me to believe the second deal would go the same way. Unfortunately, I was mistaken. I lost about 9k on that deal, which was a big chunk of money at the time. It’s still a big chunk of money today!   The lesson here was that if you don’t have money or if you don’t have the education behind you, don’t get ahead of yourself with a property you aren’t ready for. It was a difficult lesson learned, all a part of what has got me to where I am today.   These days, I am still buying, but I also focus on working with other investors and real estate agents. I believe there are a lot of positives to these relationships and opportunities for all parties to be successful.   If you are interested in working with me or would like to learn more about creating a lifestyle that doesn’t require your presence, go to my website at: bensouchek.com  

In Episode 12 Tucker begins with a "Spokane Project" update.  He then gives his thoughts on his local market as well as future predictions in the Market Recap segment.   In "The Deal of the Week" he walks you through a RARE No Money Down, "Subject to the existing mortgage", Wholesale Deal.  In this weeks "Main Topic" Tucker conducts his first interview with local house flipper Josh Bryant.  In our most popular segment, "Direct Mails Greatest Hits" another disgruntled caller leaves a nice voicemail.  In this weeks "Golden Nugget" Tucker explains why its important to build relationships with neighbors.  In the "No BS Zone" segment, Tucker covers the "We Buy Houses" issue that national House Flippers are running into.  Tucker then ends Episode 12 with a great Success Quote from Sir Richard Branson.  We hope you enjoy this episode and please leave us comments and reviews!

In Episode 13 Tucker begins with an update on the "Spokane Project".  He then covers the latest RMLS Housing Report as well as thoughts on his local market in the "Market Recap" segment.   In "The Deal of the Week" he goes into detail about a recent Probate Deal that he acquired.  In this weeks "Main Topic" Tucker explains Rehabbing and also has a bonus interview with our in house listing agent/office manager Chris.  In our most popular segment, "Direct Mails Greatest Hits", an upset caller leaves a voicemail with a couple profane words.  In this weeks "Golden Nugget" Tucker explains why its important to collect deposits on wholesale deals.  In the "No BS Zone" segment, Tucker covers the "We Buy Houses" issue for the second time as he has now had issues with Facebook.  Tucker then ends Episode 13 with a great Success Quote from Tony Robbins.  We hope you enjoy this episode and please leave us comments and reviews!

This week Danny is joined by Brian Ellwood of Virtue Real Estate Investing to talk about how he tackles direct mail, and what has and hasn’t worked for him in the past. The two discuss the essence of “No B.S.” marketing and what it means to disrupt the constant feed of “We Buy Houses” mailers and really position yourself from the rest of the crowd. Brian even shares with us his top 4 favorite lists to mail that have shown the highest ROI overall. Brian teaches 9-5'ers how to stop trading their time for dollars by purchasing their first 12 rental properties, but VREI’s underlying message is that you CAN live a life you truly love and you don't have to make sacrifices! Brian was able to "retire" from the working world at the age of 30 by accumulating several dozen properties, and is now passionate about helping others do the same.

What are those pesky "We Buy Houses" signs you sometimes see at the street corners or in front of houses in dire need of repair? Those houses are offered by real estate wholesalers, people with no accreditation or license unlike real estate agents, wholesalers do not have to pass any type of exam or be certificate to practice. So how does wholesaling work? Wholesalers usually send tons of direct mail to stressed or motivated sellers, usually due to financial difficulty or being unable to be current on their mortgage payments. Once they find a seller they try to make a deal to sell their house for well below market rate as the seller is motivated and cannot work with a real estate agent to property list their property they may accept the low ball offer. The wholesaler then turns around and reaches out to investors looking for deals on real estate forums and other places. Once a match is made the wholesaler makes their commission on the deal.

We’ll be immersing you with how angels love you from ABOVE DAILY and discussing a charming, inspirational story by Maura O’Leary about the adventures in Heaven when an ordinary couple go about their lives on earth, while being watched over, prayed for, and loved every day. You can pick up a copy of "When Angels Play Poker" online www.mauraoleary.com MUSIC "The Church Anthem" By Sonia Denice De La Torre https://bit.ly/2NgC0X1? BREAK Real Estate Solutions - We Buy Houses in Any Condition http://wesellyourhousequickly.com/

Hello? Denver? Are You Still There? Episode 5, hosted by Bree Coco Davies was recorded March 29th at Mutiny Info Cafe and features this topic “We Buy Houses 4 Cash: The Language of Real Estate"   Bree was joined by longtime writer/journalism and non-profit professional Laura Bond along with realtor and born n' raised Denverite Veronica Montoya! For more Mutiny Transmissions, brought to you by Ratio Beerworks, please go to www.mutinyinfocafe.com 

In this episode, Tim And Travis talk about the "We Buy Houses" signs that are all over the place. What are they? What happens when you call? Are they a scam? Find out by listening to episode 3.

We tackle the tough issue of gerrymandering. Newsmaker Michael Froehlich, put out a bounty on "We Buy Houses" signs and the "Change Maker of the Week" is Urban Affairs Coalition, which is gearing up for its annual breakfast. Flashpoint hosted by KYW community affairs reporter Cherri Gregg airs every Saturday at 9:30pm and Sunday at 8:30am on KYW Newsradio. See omnystudio.com/policies/listener for privacy information. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Will Governor Greg Abbott call a special legislative session and for what issues? The story behind those handwritten “We Buy Houses” signs along streets in Austin. A food trailer on East Cesar Chavez brings Northern Thai street food to Austin. Those stories and more in this edition of KUT Weekend! Subscribe at http://weekend.kut.org

Listen to This EpisodeEpisode 150: Show NotesFirst off… happy almost-Thanksgiving! Today, I’m joined by the one and only Brad Chandler… and if you’re flipping or wholesaling houses, or you’re doing any kind of marketing to find motivated sellers, the stuff we get into today is super important… because it affects all of us.Here’s the deal…There’s a bully going around putting investors like you and me out of business. What this guy is doing is illegal and very wrong. And Brad has a plan to stop him……but we need your help.Plus, Brad shares about his journey from $80,000 in debt to doing 2,100+ deals over the past 13 years, as well as some marketing and followup tips that will help find and close more deals.All this and more on today’s episode of the House Flipping HQ Podcast… check it out!Links and ResourcesMake sure to donate to Brad’s GoFundMe campaign to help fund the trademark petition to take down the “We Buy Houses” and stop them from destroying any other investors’ livelihoods! Plus, make sure to spread the word about what Brad is doing to everyone you know in the real estate world… this is huge and we need your help to take down these bullies! Go to HouseFlippingHQ.com/brad to donate!Brad also gave us a link to some of his free training… click here to dive in and check it out!To contact Brad, email brad@expresshomebuyers.com!Like what you hear? Subscribe!If you've found any value or helpful information in the House Flipping HQ Podcast, we’d love to hear about it! Head over to iTunes to subscribe, and while your'e at it, leave us a rating (5 stars would be great!) and a review so that others who are interested in starting a house flipping business can find us and get in on the good stuff! If you have any questions or comments about this show or its contents, please post them in the comments area below and I’ll be happy to answer them! The post HFHQ 150: Taking Down Bullies (and Doing 2,100+ Deals): Interview With Brad Chandler appeared first on House Flipping HQ. See acast.com/privacy for privacy and opt-out information.

http://wbhasap.com/ We Buy Houses, LLC is Reno’s premier real estate solutions company located in Reno, NV. The company specializes in solving complicated real estate matters for people throughout Northern Nevada. Since its inception, the company has helped many homeowners find solutions to their complicated real estate problems. Whether the homeowner is looking to stay in the home or sell we can provide a quick and easy solution.

Peter & Dan Discuss: Lead Generation Partnerships Converting “We Buy Houses” Leads to Listings Running Multi-State Real Estate Businesses Generating as Many as 1,000 Seller Calls in One Day!   Do You Know Anyone Else Who’s a Real Estate Investor?  Or Trying to Become a Real Estate Investor? Do You Think they’d Also Enjoy this Episode? Share the link and tell them to:   Sign Up for the REI Diamonds Weekly Podcast Your Copy of “7 Sources of Off Market Deals” Just Go to www.REIDiamonds.com to Download a Copy & Check out Recent Popular Episodes. Recent Popular Episodes Joe Mueller on REO Brokerage, Turn Key Rentals, & Buying Houses through Non-Performing Notes Tom Olson on Turn Key Rentals, Construction, & High Volume Wholesaling Mark Ainley on Pulling Back the Curtain of a High Volume Turn Key Rental Business Josh Weidman on Turn Key Rentals  

In the Studio Today: Dan Ken Jess Ryan Summary: The crew discusses the "Back to the Future" anniversary: trivia, memorable moments, and general nostalgia. Also, Ken glosses over how those "We Buy Houses" businesses work. Cocktail du Jour - 1.21 GigaWatts ("Jigawatts"): Cocktail version: - 1/2 part blue curacao - 1 part tequila - 1 part coconut rum Put everything over ice and top off w/ Sprite Shot version: Equal parts - Hypnotiq - Raspberry Vodka - 1-3 drops grenadine Mix ingredients in shot glass. Drop shot glass into pint glass half-filled with Red Bull. Chug. Pick 3 greek letters and yell them... loudly Quote du Jour: "To me it's all just a bit. Like when Bugs Bunny fucks with the Opera Singer for 20 minutes." - Rick of "Rick and Morty" Intro/Outro music from Haggis Rampant's new album, "Burly!"

In Episode 13 Tucker begins with an update on the "Spokane Project". He then covers the latest RMLS Housing Report as well as thoughts on his local market in the "Market Recap" segment. In "The Deal of the Week" he goes into detail about a recent Probate Deal that he acquired. In this weeks "Main Topic" Tucker explains Rehabbing and also has a bonus interview with our in house listing agent/office manager Chris. In our most popular segment, "Direct Mails Greatest Hits", an upset caller leaves a voice mail with a couple profane words. In this weeks "Golden Nugget" Tucker explains why its important to collect deposits on wholesale deals. In the "No BS Zone" segment, Tucker covers the "We Buy Houses" issue for the second time as he has now had issues with Facebook. Tucker then ends Episode 13 with a great Success Quote from Tony Robbins. We hope you enjoy this episode and please leave us comments and reviews!

In Episode 12 Tucker begins with a "Spokane Project" update. He then gives his thoughts on his local market as well as future predictions in the Market Recap segment. In "The Deal of the Week" he walks you through a RARE No Money Down, "Subject to the existing mortgage", Wholesale Deal. In this weeks "Main Topic" Tucker conducts his first interview with local house flipper Josh Bryant. In our most popular segment, "Direct Mails Greatest Hits" another disgruntled caller leaves a nice voicemail. In this weeks "Golden Nugget" Tucker explains why its important to build relationships with neighbors. In the "No BS Zone" segment, Tucker covers the "We Buy Houses" issue that national House Flippers are running into. Tucker then ends Episode 12 with a great Success Quote from Sir Richard Branson. We hope you enjoy this episode and please leave us comments and reviews!

Today on the BiggerPockets Podcast we sit down with fix and flipper Danny Johnson to talk about running a successful real estate investing business. Danny has been investing in real estate for the past decade and has hundreds of awesome, actionable tips that he shares with us in today’s show. From real estate marketing through websites and direct mail to tips for wholesalers and ideas for getting started while working a full time job, Danny’s knowledge is going to blow your mind. Whether you are an experienced house flipper, a wholesaler, or a new investor just getting ready to start investing, this show is going to give you a ton of ammunition to use in your business.In This Show, We Cover:Why a mentor isn’t as important for your success as you might think.How to hustle while holding a full time job.How to use “driving for dollars” to get started.The CRAZY first deal that got Danny into real estate.Bandit signs… a great marketing plan OR a criminal activity?How Danny manages 8-13 flips at a time.The “Top Secret” method that Danny uses to find deals.Postcards vs. yellow letters : which is better?The best criteria for compiling a great direct mail list.Tips for creating a lead generating website and online advertising.Books Mentioned in the ShowRich Dad Poor Dad by Robert KiyosakiMastery by Robert GreeneFlipping Houses Exposed by Danny JohnsonLinks from the ShowWhy Hiring a Mentor Might Not Be the Stupidest Thing You Could Do by Ben LeybovichDriving for Dollars Bible: Finding Distressed Properties and Marketing by Chris FeltusDriving for Dollars Bible 2: Tracking Down Owners & More Tips! by Chris FeltusDanny’s “We Buy Houses website”BP Podcast 016: Land Contracts, Creative Selling, and Finding Private Money with Clay HuberHard Money Lender DirectoryDanny’s Blog Post: 9 Reasons Why You Couldn’t Sell Your Wholesale DealTweetable TopicsYou can’t just sit behind a computer and expect to succeed. You gotta get out there and do stuff. (Tweet This!)Always negotiate. (Tweet This!)When it’s a “real deal” you’ll know it’s a good deal. You don’t have to make it a deal. (Tweet This!)Focus on finding really great deals – you don’t need a whole lot of buyers (Tweet This!)Connect with DannyDanny’s BiggerPockets ProfileDanny’s Blog FlippingJunkie.com