Rental Property Owner & Real Estate Investor Podcast

So many Real Estate Investors that I talk to are frustrated with today's market.  Many properties that are listed by agents are receiving multiple offers and sellers are listing at prices too high to make a decent return on investment. Wouldn't it be nice to know how to find properties for sale that aren't listed anywhere and there's virtually no competition? Tony Youngs is an expert at finding this Hidden Market of Distressed Properties, and he's back on the show today to tell us how to find these Hidden Gems in your own neighborhood. Tony was also a guest on episode #50, and he's also returning to Grand Rapids for the RPOA 2020 Annual Conference & Expo, which is happening February 27-29 at the Devos Place Convention Center.  Go to www.rpoaonline.org to find out more. On today's show Tony & I are going to take a deep dive into the conversations he has with sellers, how he approaches them, the phrases and tactics he uses, how he makes his offer, and whether the buyer or seller should be the first to n

My guest today has over 35 years of investing experience, and he’s personally completed more than 2,000 real estate deals, making hundreds of millions of dollars.  He’s a dealmaker, teacher, and walks the talk. And today, John Burley will be sharing some of his secrets of how he uses other people’s money to do his deals, and how you too, can become an expert in raising private money. John is going to be a featured speaker at the 2020 Michigan Landlord & Real Estate Investor Annual Conference & Expo in Grand Rapids, Michigan next month,  February 27th, through 29th.  Go to rpoaonline.org to find out more. John will reveal The Secrets of Raising Private Money, and the seven simple steps anyone can follow to get money in your pocket now.  You’ll learn how to get paid up front, during, and at the end of the deal, and you’ll also learn techniques to help you take control of your financial future using real estate! And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental P

Note buying is a super-hot investment strategy, and my guest today, Donna Bauer, knows how to do it the right way.  She began buying notes 20 years ago as a way to support her four young boys while still remaining a stay-at-home-mom. Today, she is the nation's most recognized authority on note buying.  As the founder and president of NoteBuyer, Inc., her strategies on note buying and short sales have had tremendous results for her student/investors. Donna will also be a featured speaker at the 2020 Michigan Landlord & Real Estate Investor Annual Conference & Expo in Grand Rapids, Michigan this February 27th, through 29th.  Go to www.rpoaonline.org to find out more. Donna was a guest two years ago and you can listen to episode #106 to learn more about her background and the basics of her strategies.  Today we’re going to do a deeper dive into the advantages of buying performing notes, as well as a challenge she recently accepted to deploy $100,000 of SDIRA money to achieve 30% plus returns in one year.

What do you do if you don’t have a ton of cash to get into real estate investing?  Many people are looking for a way to start investing, but they don’t want to go to banks or hard money lenders.  Well my guest today may just have the answer for those investors. Jim Aydelotte teaches how anyone can put $5,000 to $15,000 in their bank account in 30 days or less using simple techniques that don’t require you to have a lot of cash.  Today we’re going to talk about structuring win-win deals in today’s market with Lease Options, and according to Jim, they’re the fastest way to make money in real estate. Jim is The Lease Option Coach and is a nationally recognized and ultra-successful lease option expert.  He coaches hundreds of students all over the country and he will also be a featured speaker at the 2020 Michigan Landlord & Real Estate Investor Annual Conference & Expo in Grand Rapids, Michigan, this February 27th, through 29th.  Go to www.rpoaonline.org to find out more. Today, Jim is going to tell us t

After a devastating divorce and bankruptcy, my guest today, a single mother of 2, rebuilt her life through real estate. In the process, she accidentally stumbled upon a unique method for buying and profiting in real estate without using any of her own money or credit. And In just 3 years, she mastered the process, building her net worth to over $5,000,000 and $100,000 per month in positive cash flow! Today her business runs practically on AUTOPILOT, and she can focus on her family, growing investments, and helping others succeed. I’m excited to be talking with Dixie Decker, who’s going to be sharing her inspirational story, and how you can get 4 times your cash flow by investing in student housing. We’ll discuss how you can pay market value for a property, and still double, triple, or quadruple the average investors single-family cash flow.  Dixie will also discuss her systems for leasing and managing the properties, as well as the difference between single family student housing and the larger student apartm

Mikey Taylor was one of the most recognizable Pro-Skateboarders on the Planet.  In his two decades of professional skateboarding he had lucrative sponsorship contracts, merchandise, and seven pro-model shoes.  So why would he leave all that behind to become a real estate investor? Today we're going to find out how professional sports prepared him to become an entrepreneur and principal at Commune Capital where he's committed to assisting the next generation define the New American Dream. Mikey is going to share how early on his parents provided for his financial education by introducing him to a key mentor.  You'll also learn how his successful shoe line(s) prepared him for post-sports success, and how professional sports can push one to the brink of destruction and quite often leaves them unprepared for the aftermath. We'll also go into detail on the type of real estate investing Mikey has been doing, as well as the fund he's created to increase his investing momentum.  It's always fascinating to talk with s

Today we're going to discuss the Buy & Hold model and compare it to the Lease Option model with Anne Amagrande.  Anne is a serial entrepreneur and owner of Grande AMA & Associates.  She's an expert on Real Estate Investing, Generational Wealth, and owning and growing businesses. Anne will discuss her model of providing lease options that serve both her homeowners and investors, how she times her contracts for maximum tax benefits, and how she structures her investments for passive investors and the returns they typically achieve. Anne will also be discussing the fear most first-time investors face and how to get past that in order to accomplish your first deal.  She'll also discuss the importance of building a team, and who her early mentors were. Anne is also passionate about financial literacy and has a lot of great information to share for every level of investor.  You can contact Anne through linkedin, or email her at anne@amagrande.com And visit our show on Facebook to leave comments and ask ques

In 2011, Reed Goossens quit his job in Australia and moved to the United States to become a Real Estate Investor.  He ended up in New York with no job, network or family, all he had was a Gut-Feeling that he could be successful. Nine years later Reed controls over $150 Million in Commercial Real Estate, is a Best-Selling Author, and hosts a podcast called "Investing In The U.S."   On Today's episode, Reed is going to share how he made it all happen, starting with his first 3-Unit in a low income neighborhood.  He'll also share how he found a mentor who set him on the path to success, his perspective on the U.S. Real Estate Market V.S. the rest of the world, and the shifting Return-On-Investment expectations that investors should be realistic about. Reed has found great success in this country, and I'm excited to have him share his story with you.  You can reach Reed through his website: https://www.reedgoossens.com And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Pro

Mark Owens once owned a successful Computer Training Business, until he left it behind to find Financial Freedom through Real Estate Investing.  Now he hasn't earned W-2 Income for over 10 years, and he's been investing in the Baltimore, Maryland area for the past 17 years, growing his portfolio from 1 to over 100 rental units. Mark has created a lifestyle that allows him to help others invest in Buy & Hold Rentals, and he provides education through investor meet ups, classes, Facebook live, and podcasts like this one. Today we're going to discuss why Mark has succeeded where others have failed, why he's never made a 'mistake', and the difference between 'going with your Gut', and obtaining the knowledge to be successful. Mark will also share how he was able to grow his portfolio so quickly, how he hired his team, and how he can 'force' appreciation on  residential properties. I know you'll enjoy this conversation with Mark.  There's a lot of great wisdom and advice on becoming a successful investor.  You

The RPOA teaches a number of excellent courses for all levels of real estate investors and landlords.  One of the more unique and specialized courses we teach is called “Rehabbing for Rental and Flipping Profits”, and its taught by Justin Workman, who is in the studio with me today. Now this course is not your typical overview.  It covers everything from A to Z, and includes on-site visits to existing properties for real world cost and labor estimations. Many of you already know that Justin is an experienced investor and licensed builder himself, and he’ll personally be teaching all three sessions of this multi-day course. If you’re in the Grand Rapids area, or are close enough to drive, you should definitely consider this one-of-a-kind course, which is happening next week, December 9th, 11th, & 13th of 2019 at the Rental Property Owners Association. To register or get more information, go to  www.rpoaonline.org  

My guest today has figured out a way to make rental property ownership easier and more profitable, and he's going to share his unique approach to making money and building wealth through rental properties. David Friedman is a Boston-based real estate Entrepreneur and founder of Knox Financial, which is focused on helping people convert their homes into rental properties and managing those properties for them. He's also written several articles for Forbes.com with advice for landlords, including "Five ways to maximize investment property returns", and "How to avoid 6 common rental property pitfalls".  We'll be discussing these articles, which include some very interesting ideas. David can be reached through his website: https://knoxfinancial.com And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

Today's guest is going to help us rethink debt.  Specifically the type of debt we might put on a Real Estate Investment.  Instead of going to a traditional bank or lender, did you know that there is a Tax-Advantaged way to loan that money to yourself? Mark Willis is going to explain how this is possible through a Super-Charged, Modernized, and Maximized Whole Life Insurance Policy.  Mark is a certified financial planner, two-time best-selling author, and owner of Lake Growth Financial Services.  He also hosts the "Not Your Average Financial Podcast" and helps his clients invest in real estate without going broke while creating retirement income that they won't outlive. Mark will be pushing back on the conventional wisdom regarding whole life insurance v.s. term life insurance, and explain how a whole life insurance policy, properly set up, can be used to loan money toward your investments.  He'll also discuss the tax benefits and the returns you can expect.   Since this is a new concept to me as well, I do my

My guest today is focused exclusively on investing in Multifamily & Apartments.  With his partners he's invested in 11 different properties with over 2,300 units. But Randy Langenderfer wasn't always a Multifamily investor.  He got his start in Real Estate Investing by House Hacking his first duplex before becoming a Hard Money Lender. Today we're going to discuss how & why Randy made the leap to Apartments, and how he managed to grow his portfolio so quickly.  Randy is also going to share his experiences investing passively, both good & bad, as well as the common denominators he's seen in his successful partners and the importance of transparent communication. If you've ever wanted to partner with someone else, or invest in someone else's deal, then you'll want to hear what Randy has to say.  Randy can be reached by email at randy.langenderfer@invest-ark.com And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcas

There are many creative ways to Buy & Sell Real Estate, while creating Owner Financed Paper in the process.  And my guest today has done them all.  Brad Smotherman owns and manages a 7-figure per year Flipping Business called American Community Investments and holds Notes across middle Tennessee.  He's invested in 14 states and completed 100's of transactions. Brad is going to discuss what it means to purchase a property 'Subject To' the existing mortgage, and what happens when the lender 'Calls In' the loan.  You'll also learn what a 'Wraparound' Mortgage is, and how you can profit from creating one. Brad also discusses how he's able to purchase property with zero percent owner financing, the importance of mentorship, what it means to 'Buy Equity', and why Wholesalers are leaving money on the table by not employing the strategies he's discovered. There are a lot of great tips and techniques that you'll learn in today's conversation.  Many of them haven't been discussed on the show before.  Brad can be co

Welcome to a very special 200th Episode!  To celebrate I thought it would be fun to have a conversation with the man who made this podcast possible – Clay Powell, the director of the Rental Property Owners Association. Clay and I will be talking about the importance of organizations like the RPOA and how we’re helping landlords and investors through the good times, which is what we’ve all been experiencing for the past ten years, and the anticipated downturn that many economists are expecting to happen in the next year or two. We'll also discuss how the RPOA is positioning itself to be at the forefront of helping landlords and investors no matter what the economy is doing.  We also have exciting news about the RPOA’s Real Estate Investor Mastery Training Program, and how its now going to be accessible beyond the West Michigan area.  We’ll also discuss the RPOA’s knowledge base, where we answer the most frequently asked questions. You'll also get a peak behind the curtains of the podcast, and I'll be revealing

When Justin Richards and Aaron Lenartz were last on this show, they shared everything they'd just gone through in finding, negotiating, syndicating, and closing on a 144-unit apartment complex in Memphis Tennessee.  You can check out Episode #140 to hear that story.  Today, you're going to find out what happened after the close and how its affected their outlook and decision making process ever since. Justin and Aaron are going to share some of the challenges they faced and how they came up with the solutions to solve them.  We'll discuss the engineering report and the cash shortfall that can occur when the lender reserves funds from the closing to make immediate repairs, but doesn't release that money until after the repairs have been completed.  We'll learn about some difficult partnerships that Justin & Aaron have had to walk away from, as well as the key members they've since added to their team. Justin and Aaron share some painful experiences of the acquisitions that have fallen through since then, a

For many of our American Active Duty Military and Veterans, investing in Real Estate may seem like a far-off objective, especially if they're deployed overseas or moving from location to location without any sense of permanence.  However, if you're Active Duty Military, or a Veteran, you have some serious purchasing power that you may not be aware of. Eric Upchurch has made it his mission to help those in the military understand and realize the power of creating monthly passive income through real estate, even while they're active duty.  Eric served six years in the 160th Special Operations Aviation Regiment, and is the author of "Military House Hacking: How to Live Free, Earn Passive Income, and Create Generational Wealth".  Eric also hosts the "Active Duty Passive Income Podcast". Eric is going to help us understand the incredible firepower of the VA loan, and how it can help our military service members invest in real estate and live for free through house hacking.  We'll also discuss the unique challenges

One of the Best Books I've read this year is "Burn Zones", by my guest today, Jorge P. Newbery.  In his book, Jorge tells a fascinating and brutally honest story of his rise from newspaper boy to Punk Rock Entrepreneur, from International Cycling Champion to Mortgage Broker, Distressed Apartment Investor, Publicly Vilified Landlord, and Socially Conscious Entrepreneur. Today, we're going to focus on three crucial periods in Jorge's incredible life: His early beginnings as an entrepreneur in the 1980's Los Angeles Punk Rock scene, Why he bought a run-down apartment building when the city health inspector warned him he'd end up in jail, and what really happened at Woodland Meadows, an 1,100 unit apartment complex in Columbus Ohio that was nicknamed "Uzzi Alley" for all of the murders and gun violence that had occurred there. There is nothing safe about this episode or Jorge's investing experiences.  Jorge's willingness to charge into challenges that other investor's would find impossible have made him hugely su

By his own account, Sam Newell grew up poor on the wrong side of the railroad tracks in Salt Lake City, Utah.  Today you're going to find out how he transitioned from his humble early days into a successful real estate investor and realtor with sales over $150 Million. Sam is an apartment investor, syndicator, and real estate agent who's been in the business for over 10 years.  He's also the co-founder of IPI Acquisitions, and a real estate agent at Century 21 Everest Realty Group in Utah, where he heads up their commercial division. Sam is going to share how his work ethic and training in door-to-door sales and cold-calling led him to be an ultra-successful salesman.  You're going to learn Sam's best practices for door knocking, delivering bad news to clients, and how he informs and communicates with his investors.  You'll also hear Sam's perspective on whether or not you should get a real estate license while investing in real estate, and whether or not your should pay yourself out of your cash flow or inve

Can you believe that the iPhone is only 12 years old?  When you consider all of the advantages and efficiencies that smart phone technology has created for rental property owners, its hard to imagine doing any type of business without it. My guest today is going to tell us What's Next on the Technology Horizon that will not only revolutionize the way we show and lease our properties, but will also help us control our expenses and increase our income. Ryan Wendlandt is currently employed in the Technology Industry and is focused on 5G technology.  Today he's going to share his unique insight into the benefits of 5G, including the use of Augmented and Virtual Reality to aid in showing our units, built-in sensors that will monitor our resident's utility and trash usage, and the increased capacity we will have to make more money. Ryan is also a Real Estate Investor who has acquired five deals in the past year in Grand Rapids, while investing from San Diego.  He's going to share how he's able to find his deals and