Every week our real estate team solves the current issues of investing and selling multi-family and commercial real estate. Hosted by Real Estate Entrepreneurs & Leading Industry Disruptors. Featuring Jeannie Orlowski From REMentor’s Investor Relations and Jermaine Evans, Our Coaching Coordinator. Presented by REMentor.
Welcome to the multifamily deal lab podcast with your host, David Lindahl. We dissect a deal before your eyes and ears. So you can discover the strategies and tactics that got each deal to the finish line strategies and tactics that you can put in yourown toolbox to get you to the closing table from sourcing the deal, raising due diligence to the property takeover. Multifamily deal lab shows how you too can get the deal done.
This is Dave Lindahl. My special guest today is the one and only Graciela. How have you been
You told us in that seminar, you had to go to Texas. I was thinking, Oh my goodness. We found yeah. The Bay area. And you told us exactly where to find deals. We went in the newspaper at that time at San Jose mercury news. And they, had an investor that owned property. He was in California owned property and in Texas and he was selling like about four or five, apartment complexes. And we, had him send us all the information we did exactly what you told us on that little sheet did along numbers and the numbers worked. And so we made an offer without seeing it. And I remember you told us, Oh, we were just reading the script. Really That's your book. It was perfect. And that, that moment there was no turning back. You know, we decided we had no choice, but to go forward and make this happen. And so at that time we, went ahead and moved the offer and I got on a plane. I told them broker exactly what you said. you need to meet me there, pick me up and take me out, see all these properties. And then he said, Alrighty. And he did. And
Yeah. So you're flying there and you and you land and then what happens
Well at that time, I couldn't get off the plane. I was really, really sick to my stomach. I was thinking to myself, what am I doing here I mean, come on multifamily as this, like, you don't even know Texas. You don't know nothing about the family, but I had my middle school
At the time. I'm sorry. I don't mean to interrupt you. But at the time you were in elementary school teacher and your husband had been laid off from his, from his full time job.
Well, he hadn't yet. He, in 2008, he got laid off. But, what made us our decision is my mom and dad remember they were on social security and that broke my heart. And that's why we made the decision to go into multifamily. And we were just doing real estate, in fact, single family. And we just wanted, and when I heard you, I was thinking, my God, it just made sense. You know, instead of having five roofs, you have one roof with five units, you know, and it totally made sense for us. So we, we got, I got there and I was really sick to my stomach. I was so sick all the way there, thinking what are we doing Or what am I doing And I wanted to go back and couldn't get off the plane. The stewardess said, you need to get off the plane.
I said, I can't move. I'm going to throw up. I couldn't get sick. And she said, okay. So they helped me get off the plane. And I went straight to the bathroom and I was in there for about an hour and getting sick. And when I came out, all the lights were off in the, in the airport. My God, I'm going to get locked in here, like a Tom Hanks in the movie. So when I went down the escalator, that was just my luggage, just going around by itself. And there was one gentleman down there and it was the broker and he said, he must be going to SEL. And I said, yes, he goes, I thought you missed the plane. I said, no, I just, I got sick. And he said, Oh. And he said something that really was in line with what you say all the time.
You've been listening to the multifamily deal lab podcast, where the deals get done. If you'd like to learn more visit www.Davesfreebook.com and don't forget to leave a five star rating and review and hit that subscribe button. So you don't miss an episode. Thanks for listening.
On today's Real Insight:
Interested in getting started in real estate? Or need a refresher course?
Watch these FREE videos to learn how to invest in rental properties, as well as strategies to maximize your cash flow, click here.Welcome to the Real Insights Podcast!!!
Every week our real estate team solves the current issues of investing and selling multi-family and commercial real estate. Hosted by Real Estate Entrepreneurs & Leading Industry Disruptors. Featuring Jeannie Orlowski From REMentor’s Investor Relations and Jermaine Evans, Our Coaching Coordinator. Presented by RE Mentor.
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"How do we do it... Dialing for dollars ..."
On this episode of Real Insights:
Interested in getting started in real estate? Or need a refresher course?
Watch these FREE videos to learn how to invest in rental properties, as well as strategies to maximize your cash flow, click here.Welcome to the Real Insights Podcast!!!
Every week our real estate team solves the current issues of investing and selling multi-family and commercial real estate. Hosted by Real Estate Entrepreneurs & Leading Industry Disruptors. Featuring Jeannie Orlowski From REMentor’s Investor Relations and Jermaine Evans, Our Coaching Coordinator. Presented by RE Mentor.
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If you liked this episode, please leave us a review on iTunes
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Our real estate coaches Don and Craig drop in to set your 2020 off on a great start towards setting attainable goals to enhance your real estate business:
Welcome to the Real Insights Podcast!!!
Every week our real estate team solves the current issues of investing and selling multi-family and commercial real estate. Hosted by Real Estate Entrepreneurs & Leading Industry Disruptors. Featuring Jeannie Orlowski From REMentor’s Investor Relations and Jermaine Evans, Our Coaching Coordinator. Presented by RE Mentor.
RE Mentor offers cutting-edge wealth-building real estate investing educational products along with comprehensive personalized coaching.
Through creative insight and proven experience in all of the components of real estate investing, RE Mentor is a group of seasoned investors and advisers, each with many years of experience and knowledge, in the many facets of building wealth through real estate investing.
Like us → FACEBOOK
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Visit us → rementor.com
If you liked this episode, please leave us a review on iTunes
Download past episodes or subscribe to future episodes of Real Insights Podcast
Reasons why you shouldn't make your first deal complicated. Assumption loan closing windows.
And much more!
Welcome to the Real Insights Podcast!!!
Every week our real estate team solves the current issues of investing and selling multi-family and commercial real estate. Hosted by Real Estate Entrepreneurs & Leading Industry Disruptors. Featuring Jeannie Orlowski From REMentor’s Investor Relations and Jermaine Evans, Our Coaching Coordinator. Presented by RE Mentor.
On today's episode:
Here is a freebie for your small business toolkit:
FREE DOWNLOAD A proven formula for writing a sales letter that gets your sellers calling you.
Direct Mail 10-Point Review Checklist with ExampleDo NOT send out a piece of direct mail that does not meet all of the criteria.
RE Mentor offers cutting-edge wealth-building real estate investing educational products along with comprehensive personalized coaching.
Through creative insight and proven experience in all of the components of real estate investing, RE Mentor is group of seasoned investors and advisers, each with many years of experience and knowledge, in the many facets of building wealth through real estate investing.
Like us → FACEBOOK
Follow us → TWITTER
'Gram us → INSTAGRAM
Visit us → rementor.com
If you liked this episode, please leave us a review on iTunes
Download past episodes or subscribe to future episodes of Real Insights Podcast
Today's episode tackles questions about the cost of doing repairs versus the cost of doing business, among other problems facing real estate investors in the market.
Welcome to the Real Insights Podcast!!!
Every week our real estate team solves the current issues of investing and selling multi-family and commercial real estate. Hosted by Real Estate Entrepreneurs & Leading Industry Disruptors. Featuring Jeannie Orlowski From REMentor’s Investor Relations and Jermaine Evans, Our Coaching Coordinator. Presented by REMentor.
On today's episode:
Here is a freebie for your small business toolkit:
FREE DOWNLOAD A proven formula for writing a sales letter that gets your sellers calling you.
Direct Mail 10-Point Review Checklist with ExampleDo NOT send out a piece of direct mail that does not meet all of the criteria.
RE Mentor offers cutting-edge wealth-building real estate investing educational products along with comprehensive personalized coaching.
Through creative insight and proven experience in all of the components of real estate investing, RE Mentor is group of seasoned investors and advisers, each with many years of experience and knowledge, in the many facets of building wealth through real estate investing.
Like us → FACEBOOK
Follow us → TWITTER
'Gram us → INSTAGRAM
Visit us → rementor.com
If you liked this episode, please leave us a review on iTunes
Download past episodes or subscribe to future episodes of Real Insights Podcast
Welcome to the Real Insights Podcast!!!
Every week our real estate team solves the current issues of investing and selling multi-family and commercial real estate. Hosted by Real Estate Entrepreneurs & Leading Industry Disruptors. Featuring Jeannie Orlowski From REMentor’s Investor Relations and Jermaine Evans, Our Coaching Coordinator. Presented by REMentor.
On today's episode:
Like us → FACEBOOK
Follow us → TWITTER
'Gram us → INSTAGRAM
Visit us → rementor.com If you liked this episode, please leave us a review on iTunes
Download past episodes or subscribe to future episodes of Real Insights Podcast
If you are interested in learning more about becoming a real estate investor, Get our free e-book now.
In this book, you will discover all the tools we've found to make real estate investing easier...and more affordable
Download this e-book to learn how bigger properties are not bigger risk, different advantages of investing in multi-family properties, financing multi-family properties, the importance of systems for your small business, finding greater opportunities within the market cycles, and a financial plan for your future.
Welcome to the Real Insights Podcast!!!
Every week our real estate team solves the current issues of investing and selling multi-family and commercial real estate. Hosted by Real Estate Entrepreneurs & Leading Industry Disruptors. Featuring Jeannie Orlowski From REMentor’s Investor Relations and Jermaine Evans, Our Coaching Coordinator. Presented by REMentor.
On today's episode:
Like us → FACEBOOK
Follow us → TWITTER
'Gram us → INSTAGRAM
Visit us → rementor.com
If you liked this episode, please leave us a review on iTunes
Download past episodes or subscribe to future episodes of Real Insights Podcast
If you are interested in learning more about becoming a real estate investor, Get our free e-book now.
In this book, you will discover all the tools we've found to make real estate investing easier...and more affordable
Download this e-book to learn how bigger properties are not bigger risk, different advantages of investing in multi-family properties, financing multi-family properties, the importance of systems for your small business, finding greater opportunities within the market cycles, and a financial plan for your future.
Welcome to the Real Insights Podcast!!!
Every week our real estate team solves the current issues of investing and selling multi-family and commercial real estate. Hosted by Real Estate Entrepreneurs & Leading Industry Disruptors. Featuring Jeannie Orlowski From REMentor’s Investor Relations and Jermaine Evans, Our Coaching Coordinator. Presented by REMentor.
On today's episode:
"You shouldn't be looking for a cheap property because it is cheap. You should be looking for a property that cash flows."
Get our free e-book now.
In this book, you will discover all the tools we've found to make real estate investing easier...and more affordable
Download this e-book to learn how bigger properties are not bigger risk, different advantages of investing in multi-family properties, financing multi-family properties, the importance of systems for your small business, finding greater opportunities within the market cycles, and a financial plan for your future.
Like us → FACEBOOK
Follow us → TWITTER
'Gram us → INSTAGRAM
Visit us → rementor.com
FREE DOWNLOAD A proven formula for writing a sales letter that gets your sellers calling you.
Direct Mail 10-Point Review Checklist with Example
Do NOT send out a piece of direct mail that does not meet all of the criteria.
Jeannie teaches you the difference between asking for money and presenting investors with opportunities. This is a critical proposition and mindset tool when dealing with investors. Jermaine and Jeannie also review how to manage your property assets from out of state and making sure your real estate deals have "meat on the bone."
The power of concentrating on underwriting deals and utilizing comfort levels versus the number of units.
Get our free e-book now.
In this book, you will discover all the tools we've found to make real estate investing easier...and more affordable
Download this e-book to learn how bigger properties are not bigger risk, different advantages of investing in multi-family properties, financing multi-family properties, the importance of systems for your small business, finding greater opportunities within the market cycles, and a financial plan for your future.
Like us → FACEBOOK
Follow us → TWITTER
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Visit us → rementor.com
HEY FOLKS,
WE ARE GOING TO DO SOMETHING A LITTLE DIFFERENT THIS WEEK. WE ARE GOING TO DO A ZOOM CALL WITH THIS WEEKS GUEST FRANK MARTINEZ FROM MARCUS AND MILLICHAP.
HE IS GOING TO BE TALKING TODAY ABOUT OPPORTUNITY ZONES. THIS IS A REQUEST THAT STUDENTS HAVE BEEN ASKING FOR A LONG TIME.
Here is a freebie for your small business toolkit:
FREE DOWNLOAD A proven formula for writing a sales letter that gets your sellers calling you.
Direct Mail 10-Point Review Checklist with Example
Do NOT send out a piece of direct mail that does not meet all of the criteria.
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Follow us → https://twitter.com/Real_REmentor
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Taking action sometimes makes the difference between losing a property and winning it, using the economy of scale to your benefit, putting offers in on properties, not being afraid to act on smaller properties in the right market, CAP rates in Arizona, ad we take Q/A from real estate investors looking for our expertise.
Here is a freebie for your small business toolkit:
FREE DOWNLOAD A proven formula for writing a sales letter that gets your sellers calling you.
Direct Mail 10-Point Review Checklist with Example
Do NOT send out a piece of direct mail that does not meet all of the criteria.
Like us → https://www.facebook.com/rementor
Follow us → https://twitter.com/Real_REmentor
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Website → rementor.com
We welcome Rebecca Stuelpnagel from Solid Door Investments to the podcast.
With over 26 Years of Real Estate Experience, Rebecca is the Founder of Solid Door Investments; Owner and Operator of 21MM in Multi-Family Real Estate from Arizona to Texas. Along with that successful venture she also owns Arizona Appraisal Group for over 20 years.
The discussion unfolds on how to speak to a county assessor’s office to get valuable information on your property without having the taxes increased, she walks us through real estate appraisals, general property tax issues, fix and flip strategies, drilling down on specific multi-family real estate markets, going in on your local markets, and where you will land as a real estate investor.
She also explains how she personally feels her success is attributed to aligning with great mentors.
Here is a freebie for your small business toolkit:
FREE DOWNLOAD A proven formula for writing a sales letter that gets your sellers calling you.
Direct Mail 10-Point Review Checklist with ExampleDo NOT send out a piece of direct mail that does not meet all of the criteria.
RE Mentor offers cutting-edge wealth-building real estate investing educational products along with comprehensive personalized coaching.
Through creative insight and proven experience in all of the components of real estate investing, RE Mentor is group of seasoned investors and advisers, each with many years of experience and knowledge, in the many facets of building wealth through real estate investing.
Introducing the lady who raised 160 million in real estate deals, why you need an SEC attorney and where to find a good one, why timing is everything in a property deal, getting comfortable with 200 units, examining an emerging market in Midland, TX area, and how Phoenix is a “hot” market right now.
FREE DOWNLOAD A proven formula for writing a sales letter that gets your sellers calling you.
Direct Mail 10-Point Review Checklist with Example
Do NOT send out a piece of direct mail that does not meet all of the criteria.
A game plan for your insurance agent and your property manager, how to find an insurance agent that specializes in multi-family real estate, good rates for lender requirements, a scenario in which renters make property owners vulnerable to legal issues, and flood zone concerns.
This episode is very specific to helping property owners and real estate investors line up appropriate insurance services.
FREE real estate investing book? Right ---> here.
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An all time favorite episode of the podcast listen in
Now is a good time to start investing in multi-family properties. When you signup today for our FREE Online Training Course, we'll send you our Quick Start Printout, a step-by-step guide that shows you exactly what you need to do in order to get started in multi-family investing.
Grab this free course today!!!
Here are some highlights:
Clinton Orr From Nationwide is here to discuss how to set up commercial insurance on your properties, how insurance plays into the due diligence process, dealing with the expenses of coastal properties, how to build positive tenant profiles, how to tell when an insurance agent drops the ball on you, and what does all the data on an insurance declaration page actually mean.
FREE real estate investing book? Right ---> here.
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An all time favorite episode of the podcast listen in
Now is a good time to start investing in multi-family properties. When you signup today for our FREE Online Training Course, we'll send you our Quick Start Printout, a step-by-step guide that shows you exactly what you need to do in order to get started in multi-family investing.
Grab this free course today!!!
Here are some highlights:
Set up escrow with brokers, foodies down in Atlanta, rehabbing properties with construction contacts, dealing with independent commercial lenders, and analyzing potential cash flow.
We have put together all the tools we found to make real estate investing easier… and more affordable so you can make multifamily real estate your legacy...
FREE Real Estate Book
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"If you don't want to be perceived as a "slumlord" you are going to have to..."
Our CEO, Dave (one of the kings of estate who has controlled and developed deals with over 9,000 units) takes live calls and answers questions about:
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Oh no, you have a problem with underwriting that deal? Let's solve it with this week's Real Insight...
How to sort through discrepancies on rent rolls, T12 issues, putting in an L-O-I based on the numbers you were provided BUT LET'S MAKE DISCOVERIES DURING THE DUE DILIGENCE AND GET THE NUMBERS WE NEED ON THIS PROPERTY, and some other pesky problems with underwriting we solve in less then 30 mins, enjoy!!!
That FREE real estate investing book? Right ---> here.
Like us → https://www.facebook.com/rementor
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An all time favorite episode of the podcast listen in
Now is a good time to start investing in multi-family properties. When you signup today for our FREE Online Training Course, we'll send you our Quick Start Printout, a step-by-step guide that shows you exactly what you need to do in order to get started in multi-family investing.
Grab this free course today!!!
Here are some highlights:
Interested in attending Ultimate Partnering 2020 as mentioned on this episode?
This event is designed to transform your entrepreneurial life. You will network, create new business partners and be mixing with an incredible group of like minded entrepreneurs.
We’ll be covering A HUGE AMOUNT of new material in three days so prepare for a whirlwind of partnering and profiting strategies.
Attend Ultimate Partnering 2020 with our best offer of the year $495
out of a $1495 VALUE
For being loyal listeners of Real Insights Podcast click here to attend PODCAST2020
Upcoming Real estate events your area? Check here.
Let's get social:
Like us ON FACEBOOKFollow us ON TWITTERInstagram US
We acknowledge a "high five" for one of our students who cleared a deal at $22 million below market, when to get a sponsor before the L-O-I, or before the contract, negotiating contracts with the broker, we offer up sponsors this week, 80/20 in deal acquisitions, 12% cash-on-cash, we figure out how to get you 30% on a deal, how to research potential markets, contacting economic development committees, and what is going to bring the renters to fill your apartments, and why you NEED to ZERO in on 1 or 2 real estate markets at max!!!
As mentioned on the podcast:
Now is a good time to start investing in multi-family properties. When you signup today for our FREE Online Training Course, we'll send you our Quick Start Printout, a step-by-step guide that shows you exactly what you need to do in order to get started in multi-family investing.
Grab this free course today!!!
Here are some highlights:
Interested in attending Ultimate Partnering 2020 as mentioned on this episode?
This event is designed to transform your entrepreneurial life. You will network, create new business partners and be mixing with an incredible group of like minded entrepreneurs.
We’ll be covering A HUGE AMOUNT of new material in three days so prepare for a whirlwind of partnering and profiting strategies.
Attend Ultimate Partnering 2020 with our best offer of the year $495
out of a $1495 VALUE
For being loyal listeners of Real Insights Podcast click here to attend PODCAST2020
Upcoming Real estate events your area? Check here.
Let's get social:
Like us ON FACEBOOKFollow us ON TWITTERInstagram US
How to handle a deal if your real estate sponsor is expecting 30% of your real estate deal in closing, set up contracts the right way in the beginning of your real estate transactions, so things don’t nasty later.
What to do first if you are considering raising money or finding deals.
How to look for properties while you are trying to raise money at the same time to finance a multi-family apartment real estate investing deal for beginners.
Plans for potential partners and investors, and seller-financing deal options.
And whether or not you should jump into Airbnb deals.
OUR GOAL IS TO TEACH YOU HOW TO MAKE MONEY BY INVESTING IN MULTI-FAMILY REAL ESTATE OPPORTUNITIES, GET STARTED TODAY WITH OUR SPECIAL OFFER, OUR FREE COURSE COVERS:
LET’S GET SOCIAL WITH REAL INSIGHTS:
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"Want to do any kind of business? It is imperative to network in this business."
Eric Stewart joins us from Atlantic Business Capital.
He answers questions in regards to dealing with bridge loans, four questions within the question --- Transitions from a bridge loan to perm, "roll into a perm," defining structure for your investors, increase value and refinance out. Interest only options, playing with major value adds, holding property assets in a personal name but desire to LLC, changes in ownership structure, and so much more, so tune in!!!
What event is in such high demand Eric is worried you might miss out?
UP2020
This event is designed to transform your entrepreneurial life. You will network, create new business partners and be mixing with an incredible group of like minded entrepreneurs.
We’ll be covering A HUGE AMOUNT of new material in three days so prepare for a whirlwind of partnering and profiting strategies.
Attend Ultimate Partnering 2020 with our best offer of the year $495
out of a $1495 VALUE
For being loyal listeners of Real Insights Podcast click here to attend PODCAST2020
Gail McCarthy, real estate investor and industry coach explains the best time to visit a property, why you should try to see a property before a purchase and sale agreement, running the numbers in this multifamily apartment business, why you can't afford to fly for every LOI you receive, action steps to take prior to purchase and sale, how to manage your assets once your money is in "cash flow" on a group of properties, and how to judge building materials for B and C property classes.
Gail McCarthy is a RE Mentor Business Accelerator and Mentor. She has been a key principal and asset manager for 13 years, acquiring approximately 300 multifamily and storage units in Alabama and New Hampshire. Her experience includes market research, financial analysis, due diligence, acquisitions, and asset management. Her role is typically to take the lead with lenders, attorneys and accountants. Gail also has experience in hard money lending and single family fix/flips. She owns an independent real estate brokerage in New Hampshire. Her specialty is mentoring real estate investors across the US and Canada.
Who needs 10X when you have Deal Lab? New new monthly membership with constantly updated investor resources, latest real estate trends, mind blowing case studies, and a portal to connect with real estate professionals.
Go to rementor.com/pop to start your $1 trial today
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Here are the best ways to help you guys expand on your real estate careers, business acceleration techniques, real estate deals in Alabama, New Hampshire, and all across the country. Jermaine brings on a top real estate coach and investor — *Gail McCarthy and multifamily expert Doug Steadman from Trinity Multifamily.
They go deep discussing a deal involving 350 units in Atlanta, takeover priorities on a property, getting your hands on the rent roll, and how to show some love on a new property without going broke.
*WHO IS GAIL?
Gail McCarthy is a RE Mentor Business Accelerator and Mentor. She has been a key principal and asset manager for 13 years, acquiring approximately 300 multifamily and storage units in Alabama and New Hampshire. Her experience includes market research, financial analysis, due diligence, acquisitions, and asset management. Her role is typically to take the lead with lenders, attorneys and accountants. Gail also has experience in hard money lending and single family fix/flips. She owns an independent real estate brokerage in New Hampshire. Her specialty is mentoring real estate investors across the US and Canada.
She is joined by Doug Steadman from Trinity Multi-Family
Who needs 10X when you have Deal Lab? New new monthly membership with constantly updated investor resources, latest real estate trends, mind blowing case studies, and a portal to connect with real estate professionals.
Go to rementor.com/pop to start your $1 trial today
Like us → https://www.facebook.com/rementor
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Today, we learn how recognizing how a rehab can be worth the effort; especially on a multi-family real estate deal worth $65 million.
Let's look at rents and opportunities. By the way, keep this in mind: Location, location, location!!!
Michael Flaherty is the Founder and Managing Partner of L5 Real Estate Investments. Throughout his career, Mike has been involved in the ownership, development and entitlements of more than 200 commercial and residential properties nationwide, valued at over $1 billion – including multi-family, resort, hospitality, office, retail and large master-planned residential communities.
He has worked internationally and domestically for Lend Lease, British Petroleum and Toll Brothers. His passion for multi-family investment performance is based on his niche for detailed due diligence, market analysis and acquisition of value-add opportunities. Mike actively participates in all acquisitions and management of L5 assets.
Prior to founding L5, Mike was a Partner with Cardinal Real Investments, where the focus was on the astute repositioning and development of residential and commercial real estate in Los Angeles and New York City. This included the repositioning of a $29 million office building and an $18 million mixed-use development.
Mike also takes us through the critical dates associated with being under contract with a seller, dealing with rights to earnest money deposits, and he explains how there is so much to follow along the due diligence path that that is necessary to take specific steps, and he provides strategies to navigate this process.
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Mike Flaherty* joins us from L5 Investments to answer questions about Due Diligence, the Closing Process and Raising Money.
*Michael Flaherty is the Founder and Managing Partner of L5 Real Estate Investments. Throughout his career, Mike has been involved in the ownership, development and entitlements of more than 200 commercial and residential properties nationwide, valued at over $1 billion – including multi-family, resort, hospitality, office, retail and large master-planned residential communities.
He has worked internationally and domestically for Lend Lease, British Petroleum and Toll Brothers. His passion for multi-family investment performance is based on his niche for detailed due diligence, market analysis and acquisition of value-add opportunities. Mike actively participates in all acquisitions and management of L5 assets.
Prior to founding L5, Mike was a Partner with Cardinal Real Investments, where the focus was on the astute repositioning and development of residential and commercial real estate in Los Angeles and New York City. This included the repositioning of a $29 million office building and an $18 million mixed-use development.
Mike also takes us through the critical dates associated with being under contract with a seller, dealing with rights to earnest money deposits, and he explains how there is so much to follow along the due diligence path that that is necessary to take specific steps, and he provides strategies to navigate this process.
Mentioned on the show, a free book
Want to attend our annual Real estate investing summit
Save $100 with this promo code: SOC100
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Dealing with those banks that insert "bad boy clauses" into their non-recourse loans, when investors are at risk in bank deals, and when/if things go wrong what LLC protections does property owners and your investors have...
Our FREE Ebook as mentioned in this episode ---> grab it here
Want to attend our annual Real estate investing summit
Save $100 with this promo code: SOC100
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The cardinal rules of LOIs, dealing with "fractured Condos," trade stories, and contract analysis.
Our FREE Ebook as mentioned in this episode ---> grab it here
Want to attend our annual Real estate investing summit
Save $100 with this promo code: SOC100
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“Don’t take on risks just to get a deal."
Bob Bowman, our Business Partner and “Jack Of All Trades” is here about all things #realestate including multifamily, commercial real estate, student housing, and retail property strategies and opportunities.
He discusses how to follow the business model, not disrupt your property deals, the real estate boom in the Southeast, and tenant-in-common issues.
Our FREE Ebook as mentioned in this episode ---> grab it here
Want to attend our annual Real estate investing summit
Save $100 with this promo code: SOC100
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If you’re in a good market, tips on how to improve your business relationships.
Revisiting that secret weapon called, “The Holy Trinity of Real Estate.”
Name 3 things you can get at #UP2019? Networking opportunities, fantastic insight and information from active investors.
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"All the tools we've found to make real estate investing easier...and more affordable..." Click here to snag this FREE eBook
Opinions on opportunity zones, getting funding for these zones, looking into these opportunities, following the correct trends with your money, time table to get interested investors, sales techniques to get investor interests, and why some deals are a “trial by fire.”
Our FREE Ebook as mentioned in this episode
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Brew some coffee, write that memo, close that deal, and then let's get down to business...
On this episode:
Never Have Vacant Retail Spaces On The Property
Pocket Listings and Off-Market Ideas
Develop Broker Relationships
One Of Our Students Becomes A Father
*Why You Shouldn't Work With Buyer-Brokers
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High fives to all our real estate students out there crushing it including this story about Jeff, interest-only projections, and taking over properties that have poor management.
Guess what! We're giving away a Mercedes at this year's Ultimate Partnering 2019 - and YOU could be the one driving away with it!!
Save $100 on tickets and lock in 2 chances to win with promo code: MERCEDES100
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Troubleshooting NYC properties, apartments built before 1975, building code issues, optimizing CAP rates, and Section 8 contracts.
"Some people enter the real estate business with unrealistic expectations. If you dedicate yourself to exceptional client service and hard work, the rewards are worth it."
http://bit.ly/REBook #RealEstate #Book
Disclaimer: The views expressed in the interviews and/or commentary are solely those of the individuals providing them and do not represent or reflect opinions of RE Mentor, its parent, affiliates, or employees
How to deal with flooded properties, insurance money hiccups, dealing with sellers that won't share all the property documents, every day occurrences or contract services on a property, the difference between a real T12, and the "rule of thumb" logic.
Guess what! We're giving away a Mercedes at this year's Ultimate Partnering 2019 - and YOU could be the one driving away with it!!
Save $100 on tickets and lock in 2 chances to win with promo code: NEWCAR100
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What to do with mixed residential and commercial spaces, creating variances with your property, using more of "less space," creating condos, and we mention deals getting done by our mentor students.
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Ultimate Partnering is THE networking event of the year for real estate investors and entrepreneurs!http://bit.ly/PartnerUpRE
Use: SOC100 at check out for special savings on tickets.
Listen to some of our students in the Mentorship Coaching Program ask our expert team critical investing questions, and we reveal markets emerging in real estate.
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Ultimate Partnering is THE networking event of the year for real estate investors and entrepreneurs!http://bit.ly/PartnerUpRE
Use: SOC100 at check out for special savings on tickets.
Why real estate offers may not be getting accepted, conversation protocols with your broker, broker relations role-play, finding common ground with your business partners, real estate markets in transition or falling into "Limbo." Exploring markets and honing in on your local market to gain experience and exposure to get people to start asking what you do.
Tickets on sale for ULTIMATE PARTNERING 2019
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Closing a $65K gap, taxes deferred, running the numbers, how to get a big check at closing, insurance or deposits based on reputation, regulations, foreign governments seizing properties, or monies.
Your business is the best investment opportunity you have–so take advantage of it.
bit.ly/PODCASTDEEPDIVEOFFER
Look for learning opportunities and chances to network to increase your revenue, your efficiency, and ultimately your profitability.
Clint Coons is back...
Re-registering LLC’s, Changing LLC from HI to CA, Weakest states for Corporate Bill Setting up LLC in California, and Setting up LLC in New York.
Special Offer: Text (702) 820-4822 or go to www.andersonadvisors.com/rementor2019
Author, real estate investor, and asset protection lawyer, Clint Coons is here to discuss setting up entities, LLCs, and taxable events for Syndicating a deal.
Special Offer: Text (702) 820-4822 or go to www.andersonadvisors.com/rementor2019
Building a rental base, determining if cash flow is stable on a property, and why you shouldn't leave your investors in the dark.
Try Deal Lab for $1 rementor.com/pop
What brokers expect in their real estate deals, how to deal with unrealistic or unwilling terms, and the reality of the kind of realty or "real estate" we are talking about.
Positivity, honesty, and planning in real estate deals after the holidays, and bring in the dentist...
Who needs 10X when you have Deal Lab? New monthly sub with constantly updated investor resources, latest real estate trends, mind blowing case studies, and a portal to connect with real estate professionals.
rementor.com/pop
Prove yourself with a deal you can handle and then blow them out of the market.
Life lessons while cruising down the real estate highway.
Multi-Family Real Estate starter course http://bit.ly/GetStartedRE
Advanced Webinar http://bit.ly/AHRWebbie
Prove yourself with a deal you can handle and then blow them out of the market.
Life lessons while cruising down the real estate highway.
Multi-Family Real Estate starter course
Advanced Webinar
Jeannie continues fielding live questions as they come in...
picking markets, starting to syndicate deals, building your credibility, real estate meet ups in Metro DC area, and the clock starts when the LOI is accepted.
Jeannie jumped on the horn to answer questions about commercial training opportunities, upcoming events at RE Mentor, 90 days due diligence, presentation methods for property packages, problems with month-to-month tenancy, private money rules and regulations, and finally helped a student find networking locally for real estate opportunities.
Dealing with rental utility bill back systems, why we don't believe in the (RUB) system, underwriting an Airbnb at 70% occupancy, brokers down in God's country, timeline for offers, negotiating with Angel Investors, how to get the attention of our investors' group, raising money the right and legal way, and mortgages in liquidity.
Jermaine and Jeannie ( with a little help from Jeff ) take questions about parcel-selling condos to sale them as single units, dealing with "Closing Cost Other,"asking your investors for more money, credibility kits, raising private money sponsors, CAP backs, buying at the top of market or not, how to do research on potential properties of interest, and probates on property.
*Previously recorded during the World Series 2018...hence all the Red Sox chatter.
Multi-family events Jeannie mentioned http://bit.ly/MFMList
Sponsorship info http://bit.ly/SponsorPOD2018
We take a call from a student in Brazil, she is trying to raise money with foreign investors, so we launch into foreign money policies, private money solutions, calculating debt on apartments in a deal, attorneys trying to talk you out of a deal, and the Multiplier Effect.
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Fall season is a great time to take advantage of fall savings, use #FALL10 when calling in at 800-559-8914 to save 10% off one of our live events. (ends Nov 14)
How it all starts in the multi-family investing business, straightforward methodology by someone who walked the walk and talked the talk and has developed a roadmap for others to build organizational structures to grow a business.
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That offer you heard on the episode? rementor.com/pop
Am I in a buyer's market? Listen to the answer. What defines an emerging market, early signs of a buyer's market, resources, and reports at Milken Institute, and when to focus on broker relations.
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Delay of game, end of summer, one last run for a Dairy Queen "Earthquake," market competitions created with condo owners, the worst properties in the best neighborhoods, 30 day outs, letters of intent writing, low ball offers, gauge response of brokers, and find partners that fit your buying needs. Pre-recorded before #UP2018. Brought you by RE Mentor, try Deal Lab today at rementor.com/pop Who needs 10X when you have Deal Lab? New monthly membership with Constantly updated investor resources, latest real estate trends, mind-blowing case studies, and a portal to connect with real estate professionals. rementor.com/pop $1 trial today
How to do a 40/60 “carve out” split and get to that 22% annual ROI, writing a one-sheet for your business deals, property packages in commercial real estate, dealing with "un-priced" properties, negotiating with owners who are emotionally attached to their buildings.
Who needs 10X when you have Deal Lab? New new monthly membership with constantly updated investor resources, latest real estate trends, mind blowing case studies, and a portal to connect with real estate professionals.
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Are you babysitting that RE investment?
Today, we offer some creative real estate investing tips and some small business coaching strategies that are changing the game when it comes to multi-family real estate, plus we answer your questions from a LIVE Facebook session.
(previously streamed on RE Mentor Facebook page, of course)
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How to handle an acquisition fee among friends, typically you don’t charge a fee on a smaller deal, blind faith in RE holdings, industry standards even when doing business with friends, repair savings, yes it is ‘crazy” to invest in multi-family tune in to understand what we mean, coaching student chimes in on why she likes the coaching program and dealing with Fort Lauderdale properties.
Who needs 10X when you have Deal Lab? New new monthly membership with constantly updated investor resources, latest real estate trends, mind blowing case studies, and a portal to connect with real estate professionals.
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Dave returns from Martha’s Vineyard with a story about why the locals there bang on the door of a donut shop at all hours, how one of our students went through our real estate programs and “killed it” and now has retired to the Vineyard, Immersion tour in Miami, structuring deals, Ultimate Partnering, starting with commercial real estate as opposed to apartments, Dave tells stories about his original mentors, “the equilibrium of managing properties”, returns on investments, a Hindu who eats beef because he uncle told him American cows are not Hindu cows, and assuming the funds.
Sugar Ray interview
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Who needs 10X when you have Deal Lab? New new monthly membership with constantly updated investor resources, latest real estate trends, mind blowing case studies, and a portal to connect with real estate professionals.
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Submitting letters of intent, putting offers on the letter, back-out clauses, if it is only a 7% cash on cash return your investors are not going to be happy, weathering out bad deals is a bad idea, and what drives sponsors away.
Who needs 10X when you have Deal Lab? New new monthly membership with constantly updated investor resources, latest real estate trends, mind blowing case studies, and a portal to connect with real estate professionals.
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Coming back from the 4th of July, investment history, 20/50 rule, when does it become legally binding on a purchase to sale agreement, LOIs are different, the holy trinity crops up again, cutting your head off to pay back investors, and don’t get too friendly with that SEC attorney.
contact us: podcast@rementor.com
Join Dave Lindahl and Sugar Ray Leonard for the main event at Ultimate Partnering 2018 http://bit.ly/SugarRayTKO
Who needs 10X when you have Deal Lab? New new monthly membership with constantly updated investor resources, latest real estate trends, mind blowing case studies, and a portal to connect with real estate professionals.
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Here with a special guest…6-time world champion boxer, Olympic gold medal winner, world-class pugilist, Sugar Ray Leonard.
Dave breaks the ice by talking about Sugar Ray beating his hometown hero, Marvin Hagler in one of the most important and memorable fights in boxing history. J
Join Dave Lindahl and Sugar Ray Leonard for the main event at Ultimate Partnering 2018
About the Sugar Ray Leonard Foundation: The foundation was established in 2009 by boxing legend and six-time world champion Sugar Ray Leonard and his wife, Bernadette. The Sugar Ray Leonard Foundation is committed to funding research and creating awareness for childhood type 1 & 2 diabetes and to help children lead healthier lives through diet and exercise.
Throughout Leonard’s boxing career, he watched his dad and friends struggle with the many complications of diabetes and how it has affected every aspect of their life. Type 1 diabetes strikes both children and adults at any age. It comes on suddenly, causes dependence on injected or pumped insulin for life, and carries the constant threat of devastating complications. Type 2 diabetes in children is on the rise, fueled largely by the obesity epidemic.
Leonard draws from his personal experience and boxing career to provide inspiration for funding research to combat the disease. - via Sugar Ray Leonard Foundation
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Jeannie and Jermaine discuss how to read a rent roll and what you should be adding to your property package. It was a very powerful episode. Here is what was discussed.
RENT ROLLS – What to look for in a rent roll – How to read a rent roll – Comparable rents in an area Property Package – How to write a property – What you should have in your property package – Why you need a property package
Who needs 10X when you have Deal Lab? New new monthly membership with constantly updated investor resources, latest real estate trends, mind blowing case studies, and a portal to connect with real estate professionals.
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Bringing investors in, talking the talk so you can walk the walk, piggybacking on other investments so you can close deals.
Jeannie and Jermaine are back, stealing the show again while Dave is on vacation... Teaching Mark how to lock down a 33 and a 3rd deal, dealing with coin-op laundry amenities on the property, when you have above market rates, how to actualize a property that is already cash flowing, PNLs, assisted living facilities, and rents by county authorities, we visit ATL, Eastern Kentucky, apartments in Bridgeport, CT, and glorious Branson, MO, and how to romance that broker.
Who needs 10X when you have Deal Lab? New monthly membership with Constantly updated investor resources, latest real estate trends, mind-blowing case studies, and a portal to connect with real estate professionals.
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This one starts out with Dave planning a trip to Nepal for some meditation before getting down to business and answering questions from real estate newbies, 48 hour offers, what to do when sellers leverage your deal into another, playing buyers off each other, the real estate game, wording LOIs so they are honored, dirty words like “not binding”, purchase and sale agreements, that song, “Jean.”
Running projections in multifamily investments, using “blind pools” to finance properties, narrow down your markets, and what to do when a seller wants you to guess the building’s equity.
Join Dave Lindahl and Sugar Ray Leonard for the main event at Ultimate Partnering 2018 — Grow your business.
Revolutionize your deal making. Increase your net worth.
http://bit.ly/SugarRayDayUP2018
Contact us: podcast@rementor.com
Who needs 10X when you have Deal Lab? New new monthly membership with constantly updated investor resources, latest real estate trends, mind blowing case studies, and a portal to connect with real estate professionals.
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Dave helps some investors navigate some rocky milage in their deals, a 65 unit cottage style property is closed, value plays and additional acres, mom and pop property managers, crowdfunding scams, structuring deals and variables, loss pro forma in Atlanta, that Red Sox and Yankee rivalry, when to get investors opinions, controlling the deal, and treating them like partners, but having the final say.
Wrongful death suit on a property?! How is Savannah doing as a market, all real estate is “local”, and he explains what that means, avoiding property landmines, current state of investing in multifamily real estate, and finally, the difference between reading books as a parent and being a parent as an analogy to real estate professionals with kids.
Join Dave Lindahl and Sugar Ray Leonard for the main event at Ultimate Partnering 2018 — Grow your business.
Revolutionize your deal making. Increase your net worth. http://bit.ly/SugarRayDayUP2018
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Jeannie is back with another great episode. Joined once again by Jermaine as they engage in another conversation about the current real estate investment market, figuring out if the buyer’s broker is sharing communications with seller’s broker, raising closing cost at the closing table to pay your broker, and deal brokers at 12% cash on cash returns.
When to show your underwriting skills, deciding when to buy properties or not, how to tell if the seller is really motivated, and the “holy trinity” of real estate deals.
Join Dave Lindahl and Sugar Ray Leonard for the main event at Ultimate Partnering 2018 — Grow your business. Revolutionize your deal making. Increase your net worth. http://bit.ly/SugarRayDayUP2018
Who needs 10X when you have Deal Lab? New new monthly membership with constantly updated investor resources, latest real estate trends, mind blowing case studies, and a portal to connect with real estate professionals.
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Jeannie, Investor Relations from REMentor, gets grilled by our mentorship students. She is joined by Jermaine from the Mentorship Coaching Department.
They go deep into pocket listings, 5 year pro formula, how to deal with month-to-month rentals, avoiding a mass tenant exit crisis, struggling with rental agreements, planning 10 month leases, 1031 developments, hanging on for 6 months, and avoiding nuisance properties.
Join Dave Lindahl and Sugar Ray Leonard for the main event at Ultimate Partnering 2018 — Grow your business. Revolutionize your deal making. Increase your net worth. http://bit.ly/SugarRayDayUP2018
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Dave is joined by Nizan Mosery, "The Serial Entrepreneur." Dave asks Nizan to tell his origin story before he got into real estate, Nizan discusses losing his father, rough transitions into business owning, a stint in Israeli armed services, doing everything Dave said not to do in the real estate game --- Nizan did, including owning a property before he knew it came with a "resident drug dealer" ( relax, folks, it gets worked out ), sacrificing a legendary ponytail to raise money for charity, and the projects they are up to now...including but not limited to a niche market involving shipping containers.
We would like to thank you for listening by giving you a copy of Dave's new book, The Multi-Family Manifesto, grab the link below: http://bit.ly/REBook
"Attract deals. Analyze deals. Create offers. Navigate the ups and downs of the market cycle. Powerful exit strategies."
http://bit.ly/REBook
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