On today’s podcast episode I talk about how to make more money. I talk to some students at my real estate training events who are looking for ways to increase their income. Not everyone is interested in waiting years to build wealth and equity with rental properties. Some people are looking to make more money now. And that is what today’s podcast episode is about. Many new real estate investors are attracted to real estate investing and specifically wholesaling and flipping houses, because they ...
May 20, 2025•30 min
On today's podcast episode I talk about the Buy, Repair, Rent and Refinance strategy commonly referred to as the BRRR Method. This is one of my favorite real estate strategies and one of the easiest ways that I know to create long term wealth with real estate. The Buy, Repair, Rent and Refinance Strategy was the method that I used to make my first million dollars in real estate. It has helped me, and many of my students become multi millionaires. Ironically, out of all the real estate investing ...
Apr 29, 2025•38 min
On today's podcast episode I talk about how to buy houses in 2025 and what to look out for as an investor when buying in today's market. The past 3 years have been an interesting time for real estate investors - especially in Florida. We have seen interest rates move up from a low of 2.65% in 2022 to above 7% by October 2023. This rapid increase in interest rates which was orchestrated by the Fed to reduce inflation had a very sobering effect on the real estate market. Prices peaked around July ...
Apr 17, 2025•43 min
On today’s podcast episode, I talk about bidding on online auction sites, and buying bank owned properties and foreclosures. In order to understand buying foreclosures and bidding on bank owned properties on online auction sites, it’s important that you understand the foreclosure process and how it works. I will be covering this in detail at the Foreclosures and Bank Owned Properties Boot Camp next weekend. You can learn more about the Foreclosures and Bank Owned Properties Boot Camp at the link...
Feb 11, 2025•34 min
On today’s podcast episode, I talk about how to find deals in 2025. The market has shifted and 2025 will be a big year for change in real estate. The Current Real Estate Situation Real estate prices are up by more than 50% since 2020. The 30 year mortgage rate has increased from a low of 2.65% in 2021 to above 7% today. Anyone who purchased real estate before 2020 is sitting on a lot of equity, and most likely refinanced into a very low interest rate mortgage. These homeowners have no incentive ...
Jan 16, 2025•45 min
BUYING BANK OWNED PROPERTIES On today's podcast episode I talk about buying bank owned properties. This is an important episode because pre-foreclosures and foreclosure auctions are sky rocketing in 2024, and many of these foreclosures that we are seeing now will ultimately end up as bank owned properties. It is important for you to understand how the foreclosure process works in your State so that you can better understand how many of these foreclosures will become bank owned properties and the...
Dec 03, 2024•34 min
On today's podcast episode, I talk about buying houses subject to the existing mortgage. This investment strategy is also known as "assuming the mortgage" or buying "subject to". As prices have pulled back around 15% from the peak, many sellers are realizing that they will not be able to get their Zillow estimate if they sell their house. There are a lot of people who purchased houses 3 years ago when interest rates were as low as 2.5% or 3% (on a 30 year fixed rate mortgage). Today the rate is ...
Nov 12, 2024•25 min
On today's podcast episode, I talk about fixing and flipping houses and understanding how fixing and flipping houses works. When you want to fix and flip a house, before you get started it is important to understand who you are selling the house to. I always teach my students to look at a fix and flip in reverse - meaning understand who you are selling the house to first. Your biggest pool of buyers are going to be first time FHA buyers. Those first time home buyers are buying a home with just 3...
Nov 04, 2024•39 min
On today's podcast I talk about how to get started investing in real estate. I read an article today online which was called "5 Ways To Get Started Investing in Real Estate". This article had some really bad advice for new investors. So I thought I would record this podcast episode on that topic of how to get started investing in real estate. The Article That I Read Recommended These 5 Things. 1. Buy REIT's (I don't recommend that) 2. Online Real Estate Investing Platforms (I don't recommend tha...
Oct 28, 2024•38 min
New investors are drawn to wholesaling. Wholesaling is the one area of real estate where most new investors gravitate to. You can start wholesaling without having and cash or credit and it appeals to people who need to make more money and it also appeals to people who don't have money. So it appears to be very easy. The concept of wholesaling is very straightforward. You make an offer to buy a property, get an executed contract, and then assign the contract to another investor. That investor is ...
Oct 21, 2024•29 min
On today's podcast episode I talk about why you should buy rental properties. I explain why investing in real estate (specifically rentals) is such a great investment compared to other investments like stocks, bonds and mutual funds. The first thing you need to understand about investing in real estate is the five main benefits which are: 1. Appreciation 2. Cash Flow 3. Amortization 3. Tax Deductions 4. Depreciation APPRECIATION HUD has been keeping track of single family house prices since 1964...
Oct 13, 2024•29 min
On today's podcast I talk about the opportunity in buying foreclosures and bank owned homes. In order to understand why this opportunity is presenting itself, it is first important to understand what got us into this situation. The answer is record low interest rates, and the fastest and quickest rate cuts in U.S History as a result of the epidemic of March 2020. Interest rates were quickly lowered and effectively kept at zero for almost two years. Keeping interest rates that low for that long h...
Oct 01, 2024•35 min
On today’s podcast episode I talk about understanding what a wholesale deal is. Would you be able to recognize a wholesale deal from a house for sale? They are not the same. Regardless of whether you want to wholesale real estate, fix and flip houses or buy rental properties you need to be able to understand what a wholesale deal is, and why someone would sell their house at a discount. If you have limiting beliefs or excuses of why you cannot own a rental property, then I will share with you a ...
Sep 05, 2024•32 min
On today's podcast episode I talk about the Buy, Repair, Rent and Refinance Method (BRRR). On the last podcast episode, we talked about buying rental properties and the wealth creation effect of buying and holding rental properties for the long term. Today, we are talking about how to employ the Buy, Repair, Rent and Refinance Method, how it works, and how it enables you to buy real estate with no money down (or with almost no money down). I use as a case study on this podcast episode, my studen...
Aug 27, 2024•30 min
On today's podcast episode, I talk about buying your first rental property. Buying a rental is a lot easier than you think, and you should consider doing it as soon as possible because buying rentals is the path to wealth and financial freedom. What prevents many new real estate investors from buying their first rental is limiting beliefs or obstacles that they believe that they have that prevent them from buying a rental property. This podcast episode will hopefully clear that up for you. Anoth...
Jul 11, 2024•18 min
Dec 16, 2023•23 min
On today's podcast I talk about creating a life of financial freedom. I think this is a very approriate time for me to be talking about this becauase last week I returned from a two month trip to the Bahamas where I was living on my catamaran. I was interviewed by my students Fred and Andy on Sunday night on an IG Live that they were hosting, and one of their main questions on that interview revolved around how to create financial freedom, and what it means to build your life by design and to ha...
Jul 26, 2023•44 min
On today's podcast episode, I talk about the current state of the real estate market and where I think the market is heading. One of the questions I get asked the most is "what do you think of the market right now" or "do you think the real estate market will crash. This podcast episode answers those questions. Disclaimer: I cannot predict what will happen. No one can. There are too many unknown variables like war, interest rates, the Fed, the dollar, stock and bond markets, etc. However what I ...
Feb 08, 2023•31 min
On today's Podcast, I interview my friend Brandon Bateman about Pay Per Click (PPC) and SEO For motivated sellers. I first met Brandon at my Collective Genius mastermind when I was introduced to him by a mutual friend. Brandon is running the PPC and SEO campaigns for some of the biggest real estate investors in the country (including many of my friends in my mastermind). Since we spoke about motivated seller marketing on the last podcast episode on this show, I thought it would be a great time t...
Oct 19, 2022•30 min
On today's podcast episode I talk about marketing to motivated sellers. The main difference between new real estate investors, and expert real estate investors is the willingness to spend money on marketing. And this really boils down to understanding marketing costs and how marketing to motivated sellers really works. The first thing that you need to understand is cost per lead. If I mail out 10,000 postcards at a cost of 42 cents per postcard then my mail campaign cost me $4,200. If I get a re...
Oct 06, 2022•24 min
On this podcast episode I talk about one of the most frequent questions I am asked lately, which is: "Is the real estate market going to crash"? While I don't think it's going to be like 2008 (although there is a very small chance it could be), the more likely outcome is a pullback in prices that will entice buyers back to the table. The main difference between 2008 and now, is that the reason that we got into the financial crisis back then was because banks had made very bad loans to borrowers ...
Aug 16, 2022•31 min
On this podcast episode I talk about creative finance methods that are working in today's market and how you can employ these methods to make you a better real estate investor. The biggest issue in today's market is that there is a gap between seller's expectations and what they think their house is worth, relative to what a cash investor is willing to pay. The reason for this is because prices went up so much for so long that sellers became accustomed to getting close to market value (or close ...
Aug 15, 2022•24 min
On this podcast episode, I interview my student Andy Saintilus and we talk about his success as a real estate investor, and how and why he transitioned from long term rentals to short term rentals. Andy is just 33 years old. He attended his first real estate training event with me around 5 or 6 years ago. Shortly after that, he signed up for my one on one coaching program. Over the past 5 years, Andy has purchased 10 rental properties in Miami using the Buy, Repair, Rent and Refinance strategy (...
Jul 08, 2022•48 min
On today's podcast episode, I talk about the opportunity that will be created as a result of the ending of the foreclosure moratorium. The Foreclosure Moratorium ended in September 2021, however the CDC recommended that banks not pursue homeowners in foreclosure until the end of the 2021. Most banks waited until the end of last year. Many States require a 120 day "grace period" before the bank can sue or foreclosure on an individual that is not paying their mortgage. That expired at the end of A...
May 24, 2022•17 min
On today's podcast I talk about understanding financial freedom, the velocity of money and how these concepts are both related to your mindset about money. If you could buy a rental property today for $100,000, that was rented to a tenant that paid you $1,000 per month in rent, and your cost to maintain that property was $1,000 per month would you buy it? Unfortunately, for most new investors, the answer would be no. Would you feel like you were not getting a return on your money if the property...
May 02, 2022•27 min
On today's podcast episode, I talk about exit strategies in real estate. I find that too many educators and real estate podcasts out there are focusing on the acquisition strategy and finding properties. While finding deals is important, I think it's equally important to understand what to do with a property once you own it. Ironically, what you plan on doing with the property once you own it, is directly related to finding properties. If you know what you are looking for, then you know where to...
Mar 16, 2022•30 min
On today's episode, I talk about buying houses on terms. This is a follow up to our previous podcast episode, which spoke about the Novations Strategy. If you have not already listened to that episode I encourage you to do so. In today's market, if you are doing direct to seller marketing, you are going to be facing sellers who know that the market is hot and know that they can get top dollar. You are going to encounter many scenarios where the seller wants a retail price or close to retail, and...
Mar 10, 2022•19 min
On today's podcast episode I invited my friend Eric Brewer, who is a member of my Collective Genius Mastermind to talk about Novations. I first heard Eric talking about Novations a few years ago, at one of our mastermind meetings. Since then, I have seen many of my friends from the mastermind implement this method in their own real estate investing. This strategy is perfect for deals where the seller wants more than you are willing to pay. It also allows you to earn bigger spreads. Eric explains...
Jan 28, 2022•1 hr 25 min
On today's podcast episode, I talk about investing in foreclosures, short sales and bank owned properties. The Federal Eviction Moratorium and the Foreclosure Moratorium both recently expired (as of September 2021). Current government guidelines recommend that banks and mortgage servicers try to "work out" and negotiate with homeowners that are delinquent on their mortgage. Banks are able to modify the terms of the loan, can decrease interest rates, increase loan term, or add money owed to the b...
Dec 14, 2021•23 min
On today's podcast episode I talk about the opportunity in short term rentals and Airbnb. Over the past 2 years, some of my students have transitioned from rental properties and section 8 rentals to Airbnb. And the opportunity in short term rentals is something that you need to pay very close attention to. As an example, my student Andy had a Section 8 Rental Property in Miami that was generating around $2,200 per month. When the tenant moved out, he decided to turn the rental property into a sh...
Nov 22, 2021•14 min
