I have a great show for you today. My guest is David Richter, the author of the book “Profit First for Real Estate Investing”. David is an active real estate investor who has been involved in closing over 850 deals. His passion is helping people generate more wealth, reach their financial goals, and have more time to do what they love. While growing and building a real estate business from 5 deals a month to over 25 deals a month, he realized that as much money was coming in, it was going right ...
Jan 12, 2022•41 min
I have been looking forward to this show ever since I met today’s guest because he knows a lot about probates, and you know how I love probates. Today we are going to dive into probate tips for real estate professionals and investors. If you are a real estate agent that has no idea where to start with probates, I can promise you that Bill is going to pave the way for you. Bill Gross is a Realtor and a Broker with eXp Realty. He is also an expert on Los Angeles Probate. Bill has been in real esta...
Jan 07, 2022•34 min
My guest today is Brian O’Neill of BWK Property Solutions in the Chicagoland area. Brian specializes in providing flexible real estate solutions for both buyers and sellers using creative financing strategies. Today you’ll learn how to use creative financing strategies to buy and sell property in your own business while helping credit-challenged buyers qualify for a traditional mortgage in 12-24 months. Show Notes: Learning how to use creative financing strategies in your business allows you to ...
Dec 30, 2021•43 min
Today I want to talk about the power of collaboration, and how it will help you grow your real estate investing business faster than trying to go it alone. I've had 3 people just in the past week ask me about accountability partners. Even though I wrote about this topic previously, it's obviously something people are still very interested in hearing about. If you've never had one, you might be confused about why you should have an accountability partner. Not only that, how do you find one, and h...
Dec 20, 2021•15 min
There is a great little book out there by Peter Bregman called “18 Minutes; Find Your Focus, Master Distraction, and Get the Right Things Done". I read this book some time ago. When I came across the book again recently, I thought it was a good time to revisit it. "18 Minutes" is a book about how to find your focus, master distraction, so that you get the right things done. As we all know, getting the right things done can be a daily challenge for many entrepreneurs. So Who is Peter Bregman? Pet...
Dec 09, 2021•12 min
Today I want to talk about six common real estate investing myths that I hear all the time when I’m talking with other investors. Real estate investing at its core is a pretty simple business. Someone has a property to sell, and you are in the business of buying properties. On the surface, this is a pretty simple business. However, once you have been in this business for a while, you will see that there are a lot of real estate investing myths and misconceptions about what you can and cannot do....
Dec 02, 2021•13 min
Have you ever wondered why some people are successful real estate investors, and other people work really hard, yet they never find success? It turns out that almost every successful real estate investor has certain traits. Today I’m going to tell you what I think 8 of the most important traits are that you need to be a successful real estate investor. Show Notes Here is just some of what I cover in this show: The roles planning and systems play in your success and why the details matter How to ...
Nov 18, 2021•18 min
I know probates can seem pretty confusing for some people. It’s pretty common that real estate investors don’t understand the steps in the probate process, however, once you do, it’s a real game-changer. Adding the lucrative niche of probates to your real estate investing business will make lead generation so much easier, and you’ll definitely see a difference in your bottom line. Today I’m going over the only steps in the probate process that you need to concern yourself with. Armed with this b...
Nov 09, 2021•6 min
Today we're going to talk about 6 strategies for closing off-market deals. So, where exactly do you get the money if you don't have cash in your bank account? I’ve spent the last couple of weeks talking about off-market deals like probates, absentee owners, and other properties that aren’t listed on the MLS. When a property is listed on the MLS, thousands of agents (and investors) have access to those properties. So, there’s a lot of competition for every property. That’s the reason I like off-m...
Nov 04, 2021•10 min
Today you're going to learn the special language you must put in every contract when buying probate property. Probate investing is pretty straightforward in my state. However, there is one sentence that you need to add to every contract when buying a house that's in probate. This will help you avoid potential problems down the road. The Process of Buying Probate Property I've been investing in probates for a very long time now and generally speaking, buying probate property is no different than ...
Oct 28, 2021•4 min
Some of the most lucrative deals you will ever come across are off market deals, and today I have some tips for finding these lucrative deals. There’s no doubt that there is a lot of competition for deals on the. However, the MLS isn’t the only source of good deals. There are a lot of properties that are never listed by an agent and that’s what I want to talk about today. Show Notes: Here is a little bit of what you’ll learn today: What exactly off market properties are Why they are so lucrative...
Oct 20, 2021•17 min
Today I am on a myth-busting mission. I want to clear up 10 myths about probate investing that are keeping you from adding this lucrative niche to their business. These are common misconceptions investors everywhere have that just arent' true. Two of the biggest myths about probate investing are: Working in probates is complicated You have to know a bunch of "legal stuff". Most of you know that I have specialized in the niche of probates for over a decade now, so I know this niche well. These ar...
Oct 15, 2021•18 min
I have talked about direct mail for a long time now. One thing that is so important to understand about direct mail is that you have to set up campaigns to be successful with this strategy. Creating absentee owner letters that get a great response all starts with consistency with your direct mail campaigns. Sending out a whole bunch of letters or postcards once or even a couple of times is just a waste of money. Direct mail is a long-term strategy. Before we move on to creating absentee owner le...
Oct 08, 2021•18 min
I have people ask me this question all the time: "How do I find time for marketing"?The short answer is you don't "find it". You don't wait for it to "show up". You block out time in your schedule for marketing just like you would an important appointment. Marketing is the lifeblood of your business, so it has to be on the top of your to-do list. I'll take it one step further. Marketing is your #1 job before anything else. You won't have any properties to look at if you don't have a marketing pl...
Sep 30, 2021•10 min
Have you ever been confused about the difference between marketing and branding in your real estate investing business? I can tell you that you’re not alone. It’s so important to be doing both of these 2 things simultaneously, and today you’re going to find out what the reason. Quote “Marketing is how you get leads, and branding is why they choose you. “ Show Notes Here is just a sample of what you’ll learn in today’s show: The difference between marketing and branding What comes first? Marketin...
Sep 23, 2021•37 min
Getting started in real estate investing can be tough at times. If you're feeling a little stuck; if you’re not moving forward at the pace that you would like to; then this show is for you. Listen in today as my guest Farrah Ali tells you how she built an impressive portfolio of 38 rentals, completed six flips, and did 21 wholesale deals in just six short years. However, it took 9 months from her first deal to get her second deal, and she’s going to tell you why that was a blessing in disguise. ...
Sep 15, 2021•32 min
Today we’re going to do a deep dive into how to build wealth through real estate while traveling the country and completely stepping away from the day-to-day operations of your business. After all, it’s 2021, and real estate investors can do everything remotely. So if you are someone that has this dream in the back of your mind; you dream of building a team to run the day-to-day operation of your business and of having enough passive income through real estate so that you can travel the country ...
Sep 07, 2021•34 min
Buying and managing long-distance rental property has always been challenging for most investors. Typically, when we think of long-distance rental property, we are thinking about the property located in another state. My guest today, Billy Keels, has taken that one step further. Billy lives in Barcelona, Spain but he invests in the US in his hometown of Columbus, Ohio, and several other areas. In spite of the geographic distance between him and his rental property, he has found a way not only to...
Sep 01, 2021•47 min
Are you at that point in your business where you know you need help? Hiring an acquisition manager just might be at the top of that list. Today, my guest Mitch Stephen has some tips for hiring an acquisition manager whether it's your first one or your next one. Real estate investors want to know things like: When should you hire one, and once you make the decision to hire an acquisition manager, what do you look for in that person? Also, how do you pay them? We're also going to dive into seller ...
Aug 26, 2021•39 min
Do you ever wish marketing was easier? Could it be that you're making it harder than it actually is? Probably so. I know I did at one time. One way to make it easier is by learning to tell your compelling story. One important component of successful marketing is having a strong brand working for you behind the scenes. If you do a good job of branding, all your marketing will work better. Today, I want to talk about one important component of marketing and branding which is learning to tell your ...
Aug 18, 2021•22 min
I have a book review for you today. The book is called “You Are a Badass” by Jen Sincero. I picked up the book first because of the title. Who can resist a great title, right? And who doesn’t want to be a badass? I read this book when I was on vacation some time ago, and I loved it. The book bills itself as a self-help book, but I think it’s more of a self-confidence builder. These are things most of us already know but need to be reminded of from time to time. “You Are a Badass” is about gettin...
Aug 13, 2021•7 min
Lately, I’ve been thinking about how branding, your reputation, and success go hand in hand. However, this is what I know for sure: Marketing is how you get leads, and branding is why they choose you! This is why branding is so important. Marketing and branding are so connected that if you mess one of them up, it will always affect the other one, and that’s what I want to talk about today. Your brand and your reputation can quickly become tainted, and these don’t have to be significant events th...
Aug 05, 2021•22 min
The topic of today’s show is Gen Z and Technology. This generation is changing the way we will need to do business going forward. Who is Gen Z and Why Are They Different? Gen Z is the first generation in history to be born into a world where everything is digital. They have never known another way of doing things. Because of this, business is changing rapidly, and if you don’t change the way you do business, you will be left behind. Your business will become obsolete. Simply put, Gen Z will not ...
Jul 26, 2021•32 min
If you're using direct mail in your business now, you're going to love this show today. My guest is Justin Silverio from Open Letter Marketing. Today you're going to learn how you can increase your direct mail results by 400% or more by adding one simple (and very affordable) thing to your direct mail campaigns. Who doesn't want to do that, right? Show Notes Here are some of the things we talked about in this show. Why this seasoned real estate investor decided to start a direct mail company Res...
Jul 22, 2021•34 min
My guest today is my friend Bill Walston, and we're talking about master lease options. This is one of the creative buying strategies that Bill uses in his business and has for more than 3 decades. You have to admit that this is a fascinating concept. The master lease option strategy allows anyone to invest in commercial property with no money down and without ever going to a bank. Even more fascinating is the idea that this strategy works for pretty much any type of property that has units that...
Jul 15, 2021•40 min
My guest today is Rahul Visal from National RE Invest , and the topic is transitioning from engineer to buy-and-hold real estate investor . Rahul was born and raised in India and is an engineer by trade. Before becoming a full-time real estate investor, he had a successful career at companies like Boeing and Caterpillar. Rahul has 3 US patents for his innovative and creative designs, however, he knew that even that didn’t guarantee him job security. At the age of 40, Rahul walked away from his c...
Jul 08, 2021•35 min
There are many ways to make money in real estate. My guest is Mitch Stephen the topic today is money. Specifically, we are going to talk about 3 types of money: One-time money temporary money, and forever money Show Notes Here is just a sample of what we talked about in this show: How Mitch got started: building an empire The turning point that changed everything Breaking down the 3 types of money: one-time money, temporary money, and forever money. Advice on where a new investor should start Th...
Jul 01, 2021•30 min
Overcoming procrastination is vital to the success of your business. So much so that when procrastination becomes habitual, it often becomes the silent killer of your business. You’re not even aware of the extent of the damage it’s doing. Let’s face it, we've all been guilty of procrastination at one time or another. However, when it becomes a chronic problem that's when the real damage occurs. Show Notes Procrastination: why do we do it when it only makes us feel bad? Why procrastination can ca...
Jun 23, 2021•9 min
Today we're going to dive into the exact steps to building wealth through real estate. How would you like to learn how to buy 5 houses in 2 years and pay them off in 7 years? In today’s show, Chicago investor Andrew Holmes lays out his unique 2-5-7-method of building wealth through real estate with rental properties so that you are able to achieve financial freedom with assets that produce income year after year. You will also learn that you don’t need a lot of money to get started. Andrew lays ...
Jun 22, 2021•44 min
My guest today is a successful rehabber, Beka Shea. Beka is a wife and the mother of 3 daughters. She is an engineer by trade. Beka also spent 4 years in the Navy. Part of that time was spent on an aircraft carrier, so she has an interesting story to tell when it comes to how she became a successful rehabber. If you're wondering how to make the decision to ditch the "9 to 5", you will hear how Beka left a job she loved and took a leap of faith, and dove headfirst into entrepreneurship. Show Note...
Jun 17, 2021•31 min
