Welcome back for part 2 in my probate investing series. Once you understand a little bit about how probate works, then you need to have some basic understanding of the terminology. Remember that you don't need any special knowledge or skills to work in this niche. However, if you understand the terminology it just makes you look a little smarter in the seller's eyes. You might want to jot these down if you're new to probate investing. I have a lot of information on the blog, so be sure to stop b...
Sep 29, 2017•15 min
My guest today is Kira Golden the CEO of Direct Source Wealth, a company that helps investors create passive income. Kira has an impressive background. She has been very successful in multifamily real estate, vacation rentals and syndication deals. Kira has a very interesting story where she tells how she got started in single family homes, how she moved to another area for the huge tax savings (this is really big) and how she grew this awesome business doing big deals. If you've ever wondered h...
Sep 25, 2017•42 min
Hiring an acquisition manager can be a game changer for your real estate business. First of all, many of us are not great at sales. And of all of those that are skilled at negotiation, many people still don't like to do it. Once you have systems in place, this is probably one of the most important jobs in your business and it can easily be outsourced. I think you are going to learn a thing or two from this one. Be sure to stop by the Louisville Gals Real Estate Blog for more tips on building an ...
Aug 28, 2017•56 min
Today's show is on how to build rapport with motivated sellers. This is a skill every real estate investor needs to master, and truthfully it isn't that hard with a little practice. You can find the full article over on the blog. Just click here.... Want a FREE LIST of 25 Ways to Generate Motivated Seller Leads? Just Click Here For more on building awesome business visit the Louisville Gals Real Estate Blog . After all, who wants to be ordinary?...
Aug 28, 2017•12 min
Who doesn't need more deals? Today's show is on my "6 Point Plan for Finding Good Deals". Check out these 6 easy tips to increase your deal flow. To read the blog post just click below: My 6 Point Plan for Finding Good Deals Be sure to stop by the Louisville Gals Real Estate Blog for more articles, videos, podcasts and resources on how to build a successful real estate investing business....
Aug 16, 2017•15 min
Flipping land is a great niche. Listen in and learn how this former commercial banker has built a successful business with this strategy,
Aug 15, 2017•39 min
You probably know that by putting contingencies in your Sales an Purchase contract you are throwing up red flags to the seller. Sellers like nice, clean contracts that they don't find confusing. So how do you protect yourself? You do that by adding one very specific sentence to your contract. So What's that One Sentence? "Contract is subject to partner approval". So what does that even mean? Who is your partner? Listen to this really short show and find out how I do it. I can tell you this; once...
Aug 11, 2017•4 min
Today's real estate tip is all about the one phrase you must include in a contract when you purchase probate property. In most cases, purchasing probate property in my state is no different than any other type of property.However, there are those cases when everything goes wrong that can go wrong. What happens is that you can have a long delay getting the property to closing. One time it took me 5 months to actually close on the property, and I had to keep going back to the seller to get an exte...
Aug 10, 2017•3 min
My guest today is Brett Snodgrass from Simple Wholesaling. Brett has built an impressive wholesaling business in Indianapolis. In this show you will learn the changes he made to take his business to the next level.
Aug 07, 2017•51 min
I'm always excited to interview someone killing it in their area. My guest today is Holly McKhann from southern California. Holly is a Realtor, the mom of 4 and a kick a** rehabber. The has bought over 100 houses solely through networking. Imagine that... she bought all those houses and never did any traditional marketing. If you want to see the video interview be sure to stop by the blog here: Louisville Gals Real Estate Blog....
Aug 06, 2017•32 min
Today's show is on how to handle calls from angry sellers when they get your direct mail. I've always been mystified by just how angry some sellers get just because they received a letter or a postcard. You're just offering to help them, but some folks aren't happy. I can truthfully say I rarely get one of those calls. But when I do, I've learned how to turn the call around. How do you handle these types of calls? Let me know. Be sure to stop by the Louisville Gals Real Estate Blog and read the ...
Aug 01, 2017•7 min
If you've ever wondered it there is a safe way to earn double digit returns through real estate investing, the answer is yes. No real estate investing strategy is completely with out risk, but investing in tax liens and tax deeds is much less risky than most traditional investing strategies. Here is an important point to remember. You can predictably earn up to 16%-18% returns on your money without being tied to the normal market fluctuations. This investing strategy is not affected by the condi...
Jul 17, 2017•41 min
I can't believe that I've made it to 100 shows. To tell you the truth, I never thought I would love podcasting this much. In today's show, I want to share 20 things I've learned from doing 100 podcasts. I've learned so much about investors and about this business that I love. I also want to share with you the many benefits of having a podcast. (It's easier than you think. Here's what I know for sure: There is no one "right way" to do this business. The business you start will not be the business...
Jul 10, 2017•15 min
Are you struggling to generate online leads? If you are, this show is for you. My friend Danny Johnson a an expert rehabber and wholesaler in San Antonio, TX. Danny generated 404 leads that turned into 30 deals in his business in 12 months. You have to admit; that's pretty impressive.The ability to generate online leads has proven to be Danny's number one source of leads for his business. Combining the two strategies of rehabbing and wholesaling he also has two very profitable exit strategies. L...
Jun 11, 2017•38 min
My guest on today's show is Jim Huntzicker. Todays show is on how to find great deals on the MLS. Jim's company Yellow Star Properties does an impressive 10-14 rehabs at any one time. He has been involved in over 450 transactions to date, and most of his deals come from the MLS. Show Notes We covered a whole lot of ground in this show. Here are some of the highlights: Why he chose investing over being an agent The school of hard knocks- losing 36K on his first deal How he made 70K on deal #2 Get...
May 04, 2017•37 min
Today we are going to talk about building an exceptional business. My guest is my friend Mike Hambright AKA the Flip Nerd. Both of us are passionate about entrepreneurship. Entrepreneurs always talk about building a profitable business. But the real question is, how do you build an exceptional business as opposed to a business that is simply average? That Brings Up another Question ... Can a business be profitable and yet be "average or ordinary"? I believe the answer is yes. If you stop and thi...
May 02, 2017•39 min
Today's show is about the 6 biggest mistakes real estate investors make when it comes to marketing. There are actually a lot of things we can "muck up", but these 6 things are pretty easy to fix once you know what they are. The first one is inconsistent marketing. Tune in the find out what the other 5 are. Be Sure to Visit the Blog I have a lot of great content over on the Louisville Gals Real Estate Blog so be sure to stop by and say hi. I love hearing from you. --...
Apr 24, 2017•23 min
Today's interview is with real estate marketing expert Kathy Kennebrook. Kathy has been in this business a long time, and she is a master at marketing when it comes to real estate investing. Kathy has a system that continues to work great even in this very competitive seller's market like we have now. Tune in today to get valuable marketing tips on how to do direct mail marketing the right way to drive a steady stream of leads to your business. To Learn More About Kathy's Signature System Just C...
Apr 02, 2017•1 hr 14 min
It isn't very often that a new investing strategy comes along, but building container homes is one of those. This has got to be one of my favorite shows for a couple of reasons. Learning the in's and outs of building container homes was really interesting, and my guest Stevie Bear is a wealth of knowledge. She doesn't do any advertising and yet she has a thriving business. Be sure to check out Make it Modular. You are going to be surprised at what you see. Stevie Bear is a licensed Realtor/Broke...
Mar 30, 2017•55 min
Today's show is on the one thing that will sink your business faster than anything; procrastination. Let's face it; we've all been guilty of this. However, when I think back to times when I have put off doing something (that needed to be done), I can't think of a single time it made me feel better. In fact, what happens is it becomes this noose around your neck that weighs you down. It often weighs you down so much it can cause you to become paralyzed. Procrastination can have serious repercussi...
Mar 08, 2017•9 min
When it comes probate investing, you will find a whole lot of people have mindset issues. Mindset is in fact the biggest thing that keeps investors from working with this particular group of motivated sellers (and they can be very motivated). Investors feel weird working with people that have inherited a property. Or, they feel as if they are profiting from someones death. In reality, you are helping these folks out of a tough situation. These are sellers that have in many cases inherited an unw...
Mar 08, 2017•11 min
My guest today is Cally Wood Doyle from South Florida. Cally is a great example of someone that has managed to successfully combine her investing business with the retail side of real estate. She has become an expert in working in the "fringe areas" outside of the big cities in her area. This show was really interesting because Cally has managed to set the standard for what a nicely rehabbed property will sell for in these areas. This is especially important because accurate comps aren't readily...
Mar 08, 2017•34 min
So you don't consider yourself to be "handy" and you have no desire to rehab rundown properties to build a rental portfolio? If that sounds like you, then this show is for you. Today's show is on how to build wealth though turnkey rentals. My guest is Chris Clothier from Memphis Invest. Chris and his family have build a phenomenal business through this investing strategy. This is a great way to build long term wealth without being involved in the day to day hassles of being a landlord. Now, does...
Mar 04, 2017•43 min
Today's show is on the importance of planning. As you know, planning is what you do before you "do anything". For instance, if your goal is to increase your marketing, you need to create a plan before you ever dive into that first marketing activity or implement that first strategy. Here is some of what you will learn in today's podcast: How having a plan will guarantee you will make more money whatever your business How your plan will evolve and change over time The steps to put your unique pla...
Feb 27, 2017•25 min
I love using direct mail in my real estate business. It has always been my #1 source of leads. I started in this business almost 20 years ago, and a lot of things have changed. One thing that has never changed is this: Direct mail marketing is the only way to reach folks with off market deals. If you learn how to do it properly it's a great marketing strategy. If you don't, it will be like tossing money down a big rabbit hole. My advice is to learn how to do it right, create a plan and then impl...
Feb 21, 2017•16 min
Today's show is on 25 ways to generate motivated seller leads. The ability to generate a steady stream of leads in your real estate investing business will almost certainly be responsible for your success or failure as an investor. When it comes to marketing, you will always have to spend your time or your money (or a combination of both). I personally believe that you should have a mix of both regardless of your financial situation. Have More Time than Money? If you don't have a lot of money, u...
Jan 27, 2017•23 min
Do you find yourself wishing you would never have to go to a bank again to buy property? Well, you're not alone. My guest today is Jim Ingersoll a successful real estate investor from Virginia that has bought and sold hundreds of houses. Jim is also a blogger, an author and a coach. He hosts the successful podcast called the "Investor Success Podcast" and he is the founder of the Investor Success Mastermind. In today's show Jim dives into strategies for owning and controlling property without ca...
Jan 16, 2017•26 min
My guest today is MC Laubscher or Valhalla Wealth Financial and the Cash Flow Ninja Podcast. MC's passion is to help people grow wealth safely and predictably regardless of the economic market cycles. We covered a lot of ground in this podcast, but here is some of what we talked about. Show Notes Why teaching others how to create a strong foundation for wealth is his passion Creating predictability for wealth creation no matter what the market cycle is The wealth pyramid His safe, secure vehicle...
Dec 13, 2016•51 min
It's that time of year again which happens to be one of my favorite times of the year - Christmas. I love all things to do with the holidays. Today I have a really short podcast for you. I want to give you some Christmas safety tips for homeowners and tenants, and we are going to talk specifically about Christmas tree safety. Every year there are thousands of house fires in the US caused by Christmas decorations. Each year hospital emergency rooms treat over 8700 people for cuts, falls, shocks r...
Dec 07, 2016•6 min
If you stay in this business long enough, there will come a time when you can no longer borrow money from banks. You will reach your limit whether it is in the number of loans, or the amount of those loans. Many investors will use hard money loans at this stage. But, it's really expensive. It's convenient and pretty easy to get, but the costs are extremely high. Not only are the interest rates higher, but there will be fees and points you will have to pay. What's the Answer? A much better altern...
Nov 22, 2016•39 min
