Rental Property Owner & Real Estate Investor Podcast

Today we’re going to discuss affordable housing and how to create more of it. Over 10% of the U.S. population lives in poverty and struggles to afford necessities such as housing. Over the past decade our nation has not made any real progress in reducing the number of Americans at risk of homelessness. This has led to a dire need for solutions that increase availability of affordable housing options. There is an opportunity for small business real estate investors, rehabbers, and wholesalers to use small-scale development to increase affordable housing while increasing their profits and helping their community. My guest today is Michele Williams who advocates for small-scale development and is on a mission to impact all 3,100 counties in the U.S. through legislation and policies to increase our affordable housing stock by 2031. Today Michele is going to share the solutions that she sees working all across the country. They include accessory dwelling units (ADUs), small houses, shipping containers and co-housi

My guest today has a prestigious Ivy League education and high net worth asset management background with Bridgewater Advisors. But in 2015 he left all that behind to launch his own real estate development company in his hometown of Philadelphia. Since then, he’s renovated over 300 rental properties across the country using the BRRRR strategy. Brian Grimes is also the founder of 24/7 Cash Flow University where he teaches students to full-gut renovate, acquire, and stabilize cash flowing rental property portfolios while revitalizing class C neighborhoods.  He’s also come up with a strategy that has 3X’d his cashflow and he’s going to share it with us today. It involves co-living, and Brian is going to get specific about what he does to his properties to make this a successful strategy. You can find out more about Brian through the following links: https://www.facebook.com/247cashflowuniversity/ https://workwithgrimes.com/cashflow https://www.linkedin.com/in/brian-grimes-cfp%C2%AE-2b99b632/ https://www.youtube.

For almost 25 years, Clay Powell has provided a steady guiding hand as Director of the Rental Property Owners Association. He has led what was, in the beginning, a local mom and pop association to become a nationally recognized nonprofit organization. Under his direction the RPOA advocates for and helps landlords and real estate investors learn the best practices that will propel them to become successful. Now, Clay has announced his retirement, which gives us the perfect opportunity to look back on the challenges and triumphs he’s experienced throughout his career with the RPOA. Whether you have an RPOA or REIA in your area, you’ll benefit from hearing Clay describe the importance of these associations in helping investors work through local regulations and politics, while educating members on all types of issues and strategies. Clay also shares his personal recollections of the people and investors who have benefited from all the RPOA has to offer. Today’s episode is brought to you by Green Property Managem

For those of you who manage your own properties, it doesn’t take long to realize that you need to have a very determined and focused mindset to be successful in working with tenants and managing your properties. Often it can be difficult to stay mindful of the whole process when it might seem like we’re constantly putting out fires and dealing with emergencies. How can we maintain a wholistic approach that will preserve our sanity and assure our success? My guest today is Terrie Schauer, a leading authority on applying mindfulness principles to real estate investing. She’s also the author of the #1 bestselling book on the topic: “Mindful Landlord”. Today Terrie shares how she’s applied mindfulness principles in her own investing and managing business to quell her monkey mind and lizard brain. Terrie will share examples of how she’s dealt with tense situations, including the current housing meltdown that many Canadians are currently experiencing. You can find out more about Terrie using the following links: ww

For the past 20 years my guest has been mastering negotiation techniques both on the phone and at the kitchen table. Creative deal structuring, including options, subject to purchases, lease options and seller financing are what excite him. Derek Dombeck has been involved in thousands of transactions and has a knack for putting together creative deal structures and financing solutions that will help you think differently about the deals you might be working on. Now, or in the future. Today, Derek takes us through multiple examples of the deals he’s structured and the conversations he’s had with sellers. You’ll learn why he avoids going through realtors, brokers and banks, and prefers to work directly with the seller and his own financial partners. You can find out more about Derek through the following links: https://bestreifunding.com/ https://gowvoyage.com/ https://www.reicot.com/ Email: derek@bestreifunding.com Today’s episode is brought to you by Green Property Management, managing everything from single

In the past three years, my guest today has acquired 22 rental properties including 13 single family homes, 7 mobile homes, and 2 short term rentals.  JD Sustar has also built his brand through social media as the Finance Cowboy and shares his knowledge to help others get their personal finances in order, invest in real estate and reach financial independence. Today, JD discusses the influence Dave Ramsay had on him early on, and why he’s decided to go beyond Dave’s advice to take on smart debt to acquire real estate. We’ll also discuss the evolution of his portfolio to include a mobile home park and vacation rentals, and how his family member inspired him to build his thought leadership as the Finance Cowboy. You can find out more about JD through the following links: instagram.com/financecowboy financecowboy.com http://subscribepage.io/19-point-checklist Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan ar

My friend Sterling White is back on the show today. Sterling is an expert at finding off-market multifamily deals and has shared some very funny and interesting stories on previous episodes (#163 & #258). He’s also acquired over 500 units and has controlled over $16 million in assets. If you’re looking for fresh ideas on how to get started or level up your own real estate portfolio, you’ll definitely benefit from Sterling’s wisdom. Sterling is going to share his change of direction and his outlook on the current state of real estate investing. Sterling will share why he recently moved to Houston and how he’s networking within the investing communities to form new relationships. We’ll also discuss his outlook on the market and why he’s selling off his last multifamily and when he expects to start buying again. You can find out more about Sterling on: sterlingwhiteofficial.com LinkedIn Facebook Instagram YouTube Podcast Today’s episode is brought to you by Green Property Management, managing everything from

If you’ve been paying attention to the news and the economy, then you know that one of the causes of our high inflation rate has to do with supply chain and global logistic challenges. But what does the supply chain have to do with real estate investing, and should investors be more cautious? My guest today is Jeff Davis who solves complex supply chain issues for clients all over the globe. He’s also the managing partner of Bridgestone Capital, a private equity firm that has partnered on over $100 million worth of multifamily investments. Today Jeff is going to share his bold predictions on when material and construction costs will come back down to Earth, whether we’ll ever see pre-Covid prices, and whether interest rates really make a difference in real estate investing. Jeff will also share the one metric that he’s looking at that allows him to see the future of prices from six to nine months out. You can find out more about Jeff: https://www.bridgestoneinvest.com Today’s episode is brought to you by Green

My guests today are a husband and wife team who started investing in 2018 and have found financial freedom through buy-and-hold rental properties. Now, Tiffany and Eric Vogel have released their first book called “The Pathfinder’s Journey: The Key to Your Dream Life Through Real Estate Investing” to encourage new investors to begin their own real estate journey to their dream life. Tiffany and Eric will walk us through their process from the beginning… How they spent thousands of hours listening to podcasts, training, and going to seminars, how they found their first BRRRR project and the private money to acquire it, how they levelled up to a 3-unit, and how they eventually achieved financial freedom and were able to leave their W-2 jobs. We’ll also discuss the different talents each of them brings to the table—Eric with his ability to take action and do a lot of the manual work, and Tiffany with her project management skills and emphasis on Gantt charts. You’ll also learn the meaning of GETMO (good enough to

As you build your real estate investment portfolio, it’s essential to have the right type of attorneys to keep you out of trouble and help ensure success. Today we’re going to talk with a real estate tax attorney who is also a successful real estate investor. Brian Boyd is the author of “Replace your Income: A Lawyer’s Guide to Finding, Funding, and Managing Real Estate Investments” and today he’s going to share his best advice on getting into real estate investing and why he believes now is a great time to be building your portfolio. Brian shares how he first invested in a laundromat and sold that after a year to acquire his first vacation rental property. Over the past few years, he’s laddered his portfolio up to a six-figure income. You’ll also get Brian’s advice on setting up the correct entity structure and how to maintain that entity without piercing the corporate veil. You’ll also learn the top mistakes Brian sees investors making, as well as his favorite tool for handling security deposits. You can fi

Let’s say you own an apartment building and there’s a fire that destroys one of the units. Or maybe a tornado rips through your community and demolishes an entire building. What if there’s an earthquake and your entire property falls into a crevasse? Extreme examples, I know. And isn’t insurance supposed to cover those costs anyway? Yes, but that’s when your problems really begin. Working with an insurance company to cover the costs they’re supposed to can be a tricky business. That’s why you might consider hiring an insurance adjuster who can get you through the process smoothly. Jack Hanks was awarded “Public Adjustor of the Year” for 2022, so he’s the perfect person to fill us in on what an adjuster is, why they’re necessary, and how you can benefit from their services. We’re also going to discuss the mistakes Jack sees owners making when choosing their insurance, the difference between actual cash value and replacement value insurance, and why we all need to check our insurance policies now to make sure w

Twenty years ago, Rich Fettke learned he had cancer and that he only six months left to live. That news turned out to be wrong, but it changed his life for the better. Since then, he’s gone on to create a company with his wife Kathy Fettke called RealWealth a real estate investment group that helps its 60,000+ members improve their financial intelligence, secure passive income, and obtain financial freedom. He’s also competed in the ESPN X-Games, holds a record in bungee jumping, and has achieved his own financial freedom. Now he’s released a new book under the Rich Dad Advisors Press with a foreword from Robert Kiyosaki himself. The book is called “The Wise Investor: A Modern Parable About Creating Financial Freedom and Living Your Best Life”. Today Rich is going to share some of the lessons and parables from his book, and share some insight on how he was able to get Robert Kiysaki to write the forward. If you’d like to find out more about Rich you can do so through these links: http://www.thewiseinvestorboo

Over the past two years, today’s guest has acquired 19 city blocks in Jacksonville, Florida’s urban center with the goal of creating a thriving, walkable downtown.  Why? Because by helping make Jacksonville a place where people want to live and work, Gregg Cohen and his team at JWB Real Estate Capital hope to raise the median income city-wide. This benefits everyone who lives there, and in turn, helps his investors increase their return on investment. Today we’re going to learn more about Gregg’s strategy of building neighborhoods, investing in the city he loves, and why he’s bucking the trend of buying across multiple markets. We’ll also discuss the dynamics that help create a successful downtown, such as the public-private partnership, tax incentives, and avoiding the NIMBY buzzsaw. This is an excellent episode about placemaking and what it takes to create a thriving downtown community. You can find out more about Gregg through the following means: JWB website: jwbrealestatecapital.com JWB Facebook Group: j

When I started investing in multifamily it was 2008 and every property was a distressed property. The period between 2008 and 2012 was definitely a buyer’s market and sellers were desperate to unload their non-performing properties. As the market shifts once again it seems like we’re heading into some sort of recession. So, it’s a good opportunity to discuss the outlook on distressed commercial real estate and how you might find the best opportunities currently available. Jake Harris is our guest today, and he is the author of “Catching Knives: A Guide to Investing in Distressed Commercial Real Estate”—which makes him the perfect person to have this conversation with. Jake is going to share stories from the past 20 years in real estate investing—how he became a millionaire by 30, but then lost it all in the Great Recession. He’ll share the systems that he’s built to identify distressed properties, examples of recent acquisitions, and his outlook on the rest of 2022 and what will happen in our economy. I know

Are you wondering what the impact of current economic trends—including the red-hot (…but potentially cooling?) real estate market and soaring inflation—will have on your real estate investments? Then you'll want to hear GVSU Economics Professor Dr. Paul Isely’s mid-year real estate investment and rental economic update. Paul provides a review of where our economy is now and shares his expertise on where things are likely headed in the coming months as well as in 2023 and beyond! His presentation is packed with incredibly relevant and invaluable information to help your real estate investing business succeed and you will not want to miss it! Dr. Paul Isely is the Associate Dean and Economist for Undergraduate Programs in the Seidman College of Business at Grand Valley State University.

Have we reached the point where it no longer makes sense to invest in older multifamily properties?  My guest today makes the argument that there is nothing passive about investing in older properties because they constantly need repairs and updates. Instead, you should be considering new construction multifamily, and building as much as you can as fast as you can. Roger Luri has been a real estate investor and developer for over 30 years, and he’s the author of the recent book “Don’t Buy Multi-Family: Build It!”. Today Roger and I discuss the compelling fundamentals behind new construction investments, and he shares examples from his previous developments in Chicago. You can contact Roger through his website:  https://www.ld2development.com Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small b

As digital technology advances and we see more and more automation and systematizing of every aspect of the real estate transaction process, it’s not too hard to imagine the disruption blockchain technology will introduce for real estate investors. But what are we talking about when it comes to blockchain technology? What is it, who will it affect, when will it be a reality, and how can you take advantage of it as a real estate investor? My guest today is here to help answer those questions. Megan Templeton is a real estate attorney with Royal Legal Solutions and the owner of Iron City Law out of Birmingham, Alabama. You can find out more about Megan through her email and website: megan@royallegalsolutions.com https://royallegalsolutions.com/ Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small

My guest today is one of the top experts and influencers in senior housing. During the pandemic senior housing took a real hit as facilities across the country were perceived as super-spreader locations. Has senior housing bounced back and what does the future hold in store for this asset class? Isabelle Guarino-Smith is the COO of Residential Assisted Living Academy and is here today to discuss this fast-growing investment opportunity. Isabelle talks about the compelling demographic shifts that are driving this this industry, the financial models and profit potential, along with the keys differentiators that help you find the best staff and keep them on your team. You’ll also learn why the smaller home model held up so well during the pandemic. I know you’re going to enjoy this conversation with Isabelle. You can find out more by going to her websites: http://www.ral101.com https://residentialassistedlivingacademy.com/ Today’s episode is brought to you by Green Property Management, managing everything from s

My guest today was born in Haiti, raised in Miami, and educated to be a doctor. But when she was faced with over $500,000 in student loans, she figured out a way to not only invest in real estate but was able to multiply her profits by 15 times what a traditional rental would gross. Dr. Rachel Gainsbrugh is a healthcare professional by day, and a rental investor by night. She’s the owner and manager of 18 luxury short-term rentals and was recently featured on a Netflix TV show showcasing one of her properties. Rachel is going to breakdown what it takes to create a luxury vacation rental, from the type and size of the property to the types of amenities it must have. She also shares specific examples of her rentals that are leasing for over $20,000 per month. You’ll also find out the AI dynamic pricing tool that has driven her profits to new heights. I know you’re going to love this conversation with Rachel. You can find out more about her and download her list of the “Top 75 US Cities with the Highest Profitab

My guests today know quite a bit about creating opportunity in real estate investing. Chris and Ashton Levarek are brothers who started Valkere Investment Group to invest in multifamily real estate. Ashton is also a retired Air Force Special Warfare Pararescue jumper, a sniper and combat diver. Chris is a military veteran as well. Both are strong believers in leveraging expertise and professional experience to ensure mission success. Today they’re going to share their formula for creating your own opportunity through action, confidence, competence, credibility, networking and opportunity. You’ll also learn how Chris is the systems and operations guy, while Ashton is more front-facing and meeting with partners, brokers, and investors. They discuss how the book “Traction” has influenced their business, and how they plan to grow beyond the $90 million in assets they already have under management. I know you’ll enjoy today’s conversation with Chris and Ashton.  You can find out more through their contact info bel