In this episode, Jeff interviews commercial real estate investor, author, and podcast host Kevin Bupp about his experience investing in mobile home parks and parking lots. Kevin has decades of experience in real estate investing, and is the author of The Cash Flow Investor: How to Create Financial Freedom Investing in Commercial Real Estate and the host of two real estate investing podcasts: Mobile Home Park Investing with Kevin Bupp and the Real Estate Investing for Cashflow Podcast . Learn mor...
Aug 16, 2022•1 hr 20 min•Ep. 38
In this episode, Jeff interviews Out of Town Landlord founder and DC-based realtor and investor Joe Facenda. Joe discusses his journey as an investor-agent in the DC Metro Area, as well as the challenges of finding solid investor-friendly real estate agents in other market (which led Joe to Create Out of Town Landlord). Jeff and Joe also dive into the benefits of real estate investing within a self-directed IRA/401k. Learn more about Joe at JoeFacenda.com !...
Aug 09, 2022•47 min•Ep. 37
In this week's Quick Tip, Jeff discusses the "Short Term Rental Loophole" with Kenji Asakura of Semi Retired MD . The basis of the short term rental loophole is the idea that short term rentals (averaging less than 7 nights) are not a real estate activity in the eyes of the IRS, thus material participation in an STR business activity can generate active losses that can offset other active income, without the complicated framework of requirements to attain Rea Estate Professional status....
Jul 07, 2022•3 min•Ep. 36
How may rental properties does it take to replace the income of not one, but two, full time doctors? You might be surprised by the answer! In this episode, Jeff interviews Kenji Asakura, co-founder of Semi-Retired MD . Kenji shares his journey on a dual career path in both medicine and business, discusses how and why many physicians and other high wage earners struggle financially and suffer from burnout, and dives into how he helps other doctors and high wage earners learn to take charge of the...
Jul 05, 2022•51 min•Ep. 35
Nothing will kill your real estate investing career (or your personal finances) faster than an uninsured wrongful death or permanent injury claim on one of your investment properties! Most homeowners/landlord insurance policies have a maximum of $300k in liability coverage, and in the event of a death or permanent injury on one of your rental properties, this is not enough . In this week's quick tip, Jeff discusses umbrella liability policies with Florida insurance guru Mike Tonsetic, owner of B...
Apr 14, 2022•8 min•Ep. 34
To LLC or not to LLC, that is the question! (One of them, anyway.) Liability from personal injury and wrongful death claims is perhaps the single greatest financial risk to real estate investors. In this episode, Jeff chats with Tampa FL real estate attorney John Redding of Redding & Associates P.A. about title insurance, liability risk, insurance, and creating LLCs, Trusts, and other legal entities to create a "corporate veil" protecting your personal assets....
Apr 12, 2022•48 min•Ep. 33
The 4-point inspection is a Florida-specific requirement and is an inspection report that looks only at the roof, plumbing, electrical, and HVAC systems of a property. Most insurance carriers require a "clean" 4-point inspection in order to bind insurance coverage for closing. But what can a buyer do if there are 4-point inspection issues and the seller won't make the needed repairs? In this week's Quick Tip, Jeff and Florida insurance guru Mike Tonsetic discuss how an investor can get to the cl...
Apr 07, 2022•7 min•Ep. 32
Do you feel like you often just run from place to place and jump from task to task without any strategy or structure? Do you struggle with trying to keep too many plates in the air, working long hours, customers expecting you to work evenings and weekends, and trying to balance work, real estate investing, and life in general? Learn how to take back your time, take control of your calendar, and be more productive, happy, and healthy! In this episode, Jeff chats with Professional Coach Thom Piron...
Apr 05, 2022•1 hr 32 min•Ep. 31
Do you have to accept service animals and emotional support animals (ESAs) as a landlord? Can you charge a pet deposit, pet fee, or pet rent for an ESA or service animal? How do you verify a service animal or ESA? Are there exemptions from ESA and support animal requirements? In this week's Quick Tip, Attorney Harry Heist touches on these and other Fair Housing issues. For Harry's full length training videos on pets, service animals, and ESAs, visit EvictTV.com...
Mar 31, 2022•3 min•Ep. 30
In this episode, Jeff chats with founder and owner of Lazy Girl REI, April Crossley. April is an active real estate investor, real estate coach, and private lender with a broad range of experience in all aspects of real estate investing. Jeff and April discuss: How to transition from full time W-2 job to a full time real estate investor, and why you need a 3-year strategy to make that happen. How to overcome the fear associated with real estate investing. How to avoid analysis paralysis. How to ...
Mar 29, 2022•45 min•Ep. 29
Do you have to rent to convicted felons? What do you do if a rental applicant has a felony on their record? What if they were convicted of possession of a pound of cocaine 3, 5, or 10 years ago? Can you deny them housing? In this week's Quick Tip, Attorney Harry Heist answers these questions and more! Find hundreds of hours of Harry's training videos at EvictTV.com
Mar 24, 2022•3 min•Ep. 28
In this episode, Jeff chats with Matt Ruttenberg of Life Inc. Retirement Services , who shares some eye-opening insights about tax deferred investment plans for self employed individuals, as well as real estate investors who also work a 9 to 5 "day job". Topics: The difference between an IRA and a 401k How to create a self-directed IRA How to create a self-directed 401k The maximum contribution limits of IRAs and 401ks How to increase your retirement contribution limits How to invest in real est...
Mar 22, 2022•52 min•Ep. 27
Security deposit claims are one of the most hotly debated (and litigated) areas in the landlord-tenant relationship. In this week's Quick Tip, Harry Heist explains how to avoid paying for your tenant's legal expenses when processing security deposit claims. Click here for Harry's full length training videos on Security Deposits .
Mar 17, 2022•5 min•Ep. 26
In this episode, Jeff chats with Mike Tonsetic, CEO and President of Blanchard Insurance. Topics covered include: The #1 biggest liability for Florida real estate investors. Why is the Florida insurance market so tough, and so expensive? Types of insurance policies for Florida landlords. The difference between a HO-3 homeowner's policy and a DP-3 landlord policy. Creative ways for investors to bind insurance despite a bad 4-point inspection. Citizen's Insurance: What is it and do you want it? De...
Mar 15, 2022•1 hr 31 min•Ep. 25
In this week's quick tip, Harry Heist shares the reasons why you should use your property manager's licensed, insured, screened, and trained vendors to limit your liability and save you money in the long run, and points of some of the risks associated with using unlicensed and uninsured handymen. For Harry's full-length training videos on this subject, see: Why to use the Property Manager's Vendors Vendor Contact with Tenants...
Mar 10, 2022•4 min•Ep. 24
In this episode, Jeff dives into 1031 Exchanges with Qualified Intermediary and founder of The 1031 Investor , Dave Foster. Dave and his team have completed over 100,000 exchanges for real estate investors, and though Dave won't admit it, he has seen it all! Topics Discussed: 1031 Exchanges in a seller's market 1031 Exchanges in a buyer's market What is a Starker Exchange? How to defer capital gains taxes until you die What to look for in a 1031 Qualified Intermediary How to leave your heirs a t...
Mar 08, 2022•1 hr 6 min•Ep. 23
In this episode, Jeff introduces Attorney Harry Heist, founding partner of Heist, Weisse, & Wolk, " The Property Manager's Partner " . As you'll quickly discover in this episode, 1. Harry isn't shy about his opinions, and 2. Harry really doesn't like home warranty plans for rental properties! Here are the videos Harry references: Home Warranty Dangers Home Warranties and The Property Manager...
Mar 03, 2022•9 min•Ep. 22
In this episode, Jeff chats live in studio with real estate legend Rod Khleif, founder of Multifamily Mastery and the Multifamily Bootcamp. Rod Khleif is one of the country’s top real estate trainers, and is also a real estate investor, author, mentor, and community philanthropist who is passionate about business, life, success, and giving back. Rod is Host of The Lifetime Cash Flow Through Real Estate Investing Podcast . and the author of the "textbook" for aspiring real estate investors, How t...
Mar 01, 2022•53 min•Ep. 21
In this week's Quick Tip, Jeff share information about (and testimonials from) Rod Khleif's Multifamily Virtual Bootcamp coming up on March 12th & 13th, 2022. For registration info, text the word ROD to 72345. Use discount code "RODFRIEND" to attend for only $97!
Feb 24, 2022•5 min•Ep. 20
In this episode, Jeff discusses short-term vacation rentals with our very own 7X Airbnb Super Host, Mary Beth Blackwell ., who was featured in the Spring 2022 issue of Bigger Pockets Wealth magazine. Topics include: Her "secret sauce" for marketing a successful vacation rental. The importance of professional real estate photography for marketing How a single mistake can put your Airbnb out of business The matrix of municipal regulations and zoning laws for short term rental in Pinellas County FL...
Feb 22, 2022•48 min•Ep. 19
This week's quick tip comes via a question from Jordan, a real estate investor in California, who has questions about buying rental properties in flood zones in Florida, the cost of flood insurance, and how to estimate Florida flood insurance premiums. For a deeper dive on Flood Zones, see our post on Florida Flood Zones .
Feb 17, 2022•4 min•Ep. 18
In this episode, Jeff interviews mortgage broker Tracie Mayo of Savvy Mortgage in St Petersburg, Florida about the interest rate forecast for real estate investors in 2022, financing strategies for house-hacking and getting over seller reluctance towards FHA financing, and other tips associated with traditional financing. Here's the direct link we discussed to get on Tracie's calendar for a consultation !...
Feb 15, 2022•34 min•Ep. 17
This stems from a question Jeff was asked during an appearance on the MVP Real Estate Podcast : What is the most important question to ask your property manager ?
Feb 10, 2022•3 min•Ep. 16
In this episode, Jeff interviews Gary Wilson, head of the Global Investor Agent team at EXP Realty and host of the Massive Passive Cashflow podcast. Jeff and Gary discuss: Gary’s “Massive Passive Cashflow” model – How to create multiple income streams from your real estate business. The challenges (and joys) of breaking away from your 9-5 job to go full time in real estate Investing in real estate mutual funds and real estate investment trusts. Creating a REIT as an alternative exit strategy for...
Feb 08, 2022•52 min•Ep. 15
This week's question comes from Libby in St Louis, MO, who asks how to tell whether a property is best suited for long term rentals, versus short term/vacation rentals. Link to Short Term Rental Regulations for Pinellas & Hillsborough Counties
Feb 03, 2022•5 min•Ep. 14
In this episode, Jeff interviews Glenn Fricke, owner of DG Inspekts (a local home inspection company) and URBN Domains (a local custom home builder) about the do's and dont's of home inspections, the challenges of new construction, and the future of the Tampa Bay real estate market.
Feb 01, 2022•1 hr 15 min•Ep. 13
Refinancing your investment properties to tap into tax-free equity at a low interest rate can be a powerful tool to scale up your real estate investing. In this Quick Tip, Jeff and Taylor discuss the factors to consider when crunching the numbers on a refi.
Jan 27, 2022•5 min•Ep. 12
In this week's quick tip, Jeff discussed Opportunity Zones with The Real Estate CPA's Taylor Brugna.
Jan 20, 2022•4 min•Ep. 11
In this episode, Jeff dives into the secrets of off market properties in the Tampa Bay area with Kate Story from Bay to Gulf Holdings. "Real Estate Kate" is a local wholesaler and off-market property specialist and discusses how her company sources off-market deals, as well as tips and tricks for dealing with wholesalers and finding off-market properties.
Jan 18, 2022•46 min•Ep. 10
This week's Question comes from Dmytro in San Francisco, CA who asks "What am I doing wrong when it comes to finding deals?"
Jan 11, 2022•4 min•Ep. 9
