Real Estate Hackers: Recent Episodes
Chad Gallagher
This show highlights how amazing real estate investors grew something from nothing. Learn their tricks to success each week using hacks that you can replicate in your own world. Then catch how each investor used systems and tech to scale their investments and where they see the world of tech moving in the future.
A story from our recent convo with Rashauna Scott, where she recounts an unreliable contact she had. Become a Real Estate Hackers member for FREE on our website realestatehackers.com
In this extract from our PropTech convo with @ThanksForVisiting 's Annete and Sarah, they tell very interesting stories involving clothing!Become a Real Estate Hackers member for FREE on our website: realestatehackers.com
Chad is joined by Quentin Wendt to talk about the incredible business he developed, that links investors with tenants and converts single family units into shared housing.
Chad and Joel are joined by Dan "The Real Estate Man" Harvey. They talk about converting properties, investments, negotiating, and much more! Subscribe for more!
Become a Real Estate Hackers member for FREE on realestatehackers.com
Chad and Joel are joined by Dionte Chantel to talk about her experience in real estate. She's got a really unique, interesting, and ambitious long-term project up her sleeve! Subscribe to us for more content!
Chad and Joel are joined by real estate broker and flipper Rashauna Scott, to discuss her experience. Subscribe for more!
Chad is joined by the wonderful hosts of "Thanks for Visiting", Sarah and Annette, to talk about using tech in real estate.
Chad is joined by Steve Austin and Cal Winch to talk about their intriguing project which finds a link between preserving historic real estate and tax incentives!
TJ Williams shares a story of how he once woke up to a call from the fire department about his property.
Master salesman George Beatty shares his experience in getting into real estate. Fair warning: this video features much more foul language than others from this show.
Chad and Joel are joined by real estate investor and coach Maria Acosta, talking from Texas! She's got lots to share about her strategies to become her own boss through real estate investment! Visit her website: https://www.themariaacosta.com/
Chad and Joel are joined by Dan Zitofsky to talk about his specific role in the real estate industry.
In this episode Chad himself takes the stage to share a particularly interesting landlord story involving an animal and very powerful reasoning from his tenant.
Dan Laufer shares his experiences in a variety of aspects of the real estate industry. He's also a long-time friend of Chad!
Nate and Joel are joined by Lamon Lashley Jr. to talk about his real estate projects. So much to discuss in this Episode!
Neal Bawa discusses the state of the real estate economy and has some aggressive predictions about the future.
Nate explores Stone Harbor New Jersey and discusses the pros and cons of buying a short term rental in this high end beach town.
Anthony Goodwin discusses growing up in the streets of Philly. He learned to invest in real estate while in jail. Now a success real estate investor he tells us about his most successful BRRR deal.
Fran Loftus who run operations at EliseAI discusses how AI is dramatically changing the tenant experience.
Jhanel Wilson joins our show and discusses how she bought 16 units and was able to refi and pull out 400k.
Johncey Mathew, now a seasoned investor, recalls his first ever purchase and how it almost didn't happen after doing a walkthrough an hour before settlement.
Jonas Bordo, cofounder of Dwellsy, joins Real Estate Hackers to discuss where to list rental properties and the value of a free single source platform.
Nate discussing adding an outdoor shower to a short term rental and how these things can drive bookings
We talk about the often forgot about topic of toilets. If you take some time and think before you install you can save your self some time in the long run.
Season 2 is on its way. This introduction podcast outlines the different podcast shows that will be released in a weekly format during season 2. Additionally, learn about the new Real Estate Hacker Membership that is being launched today.
Location isn't the only factor making or breaking your property investment. Investors often overlook two critical questions: Who are they dealing with, and who's renting the property?
In this episode of Real Estate Hackers, we look into the real estate situation in Detroit for investors. With a good block, appreciation, and a good team, you can make a lot of money in Detroit — more than you might expect!
Here are some power takeaways from today’s conversation:
- Make a property purchase deal with someone who knows the area.
- Be extra mindful in choosing tenants.
- Finding a decent block is key to acquiring a good property in Detroit.
- More Detroit investors are doing financing.
Episode Highlights:
[04:54] Investing in Detroit Today
The real estate market in Detroit has drastically increased. Acquiring a move-in-ready B-class property would now cost a little under $100,000. Meanwhile, the rental rates have increased to a minimum of $1,200.
There has been a tremendous amount of growth in Detroit in the last ten years. It's now more than just downtown and it’s continuing to develop.
[10:33] The Impact of COVID on Detroit
The COVID situation in Detroit was an investor’s nightmare. The court system in the city is tenant-friendly, so owners had almost no say about tenants not paying rent at that time. It was even more difficult to get possession of their property back.
On average, it has taken about 4 to 6 months to get a tenant out even without asking for rent payment. Pre-COVID, it only took 60 to 90 days at most to evict tenants.
[16:17] Basics of Leasing in Detroit
Pre-COVID, Detroit property owners used to require 550 credit scores. It increased to 600 and up post-COVID. The background checks have also become more extensive. However, a dilemma surfaced in the newly-enforced law excluding evictions occurring during the pandemic in records.
Be hands-on when selecting tenants. Do interviews, and have a detailed conversation with their previous landlords.
[18:55] Investment Purchases in Detroit
The average house in Detroit now is over $100,000. As long as you can find a decent block, you can acquire a good property. Most investors these days do financing more than cash purchases.
Notable quotes from the Episode:
[10:20] “In terms of the impact of COVID. I know it got a little bit tricky there, evicting tenants through COVID. Some places were greatly impacted. Some weren't impacted too bad. I feel like Detroit was impacted pretty tough, where it was really hard to get tenants out. It feels like that's kind of nearing the end.”
[19:18] “So doubling the average house price in four to five years, that's pretty insane appreciation.”
[23:29] “9-, 10-type cap rates aren't impossible. If you find a good team, and clearly there's some appreciation here, there's people making actually a lot of money in Detroit, which may surprise people.”
Resources Mentioned:
www.facebook.com/tyraa.nicole
www.facebook.com/tyraanicoleproperties
www.facebook.com/Tnpmllc
www.instagram.com/iamtyraanicole/
info@tyraanicole.com
www.home365.co
emailservice@home365.co
Some cities don’t roll off the tongue quite like the popular ones. But it doesn’t mean they don’t hold desirable real estate. Sometimes, you just have to stop and see the bigger picture.
In this episode of Real Estate Hackers, we delve into the state of the real estate market in two cities of Pennsylvania — Pottstown and Reading. With recent developments in these areas, on top of investors’ efforts, these two cities’ real estate trajectories are going nowhere but straight up.
Here are some power takeaways from today’s conversation:
- Redevelop to obtain higher rents.
- Hold on to a property for a period of time to make a lot of money.
- Play by the rules of the area.
- Enjoy a landlord-friendly state in Pennsylvania.
Episode Highlights:
[05:58] Properties in Pottstown
Pre-COVID, properties in Pottstown played around $40,000 for estates needing major rehab to $120,000 for single-family homes. Rents ranged from $1,000 to $1,200.
Post-COVID, properties in Pottstown now range from $100,000 up to $400,000. Rents for single-family homes range from $1,200 to $1,800. Pottstown cash flows well due to a desirable market, which can be attributed to lower rent price and strategic location.
[10:53] Properties in Reading
Single-family type properties in Reading range from $70,000 to $150,000. A two-bedroom can be around $850 to $1,000, while three bedrooms range from $1,000 to $1,400.
Over the last two years, many investors have acquired and redeveloped properties to obtain higher rents. This alone could patch up the relationship between the investors and the city.
[17:15] What’s In Store for Pottstown and Reading
Pottstown is a highly recommended location for property investors. Reading is a good city to buy, but you must look into the good areas and understand their rules.
[21:54] Pennsylvania — a Landlord-Friendly State
Pennsylvania has more easy-to-deal-with landlord-tenant laws. If a tenant stops paying and you’re considered a good landlord, you can easily evict them within 45 to 60 days. Remember that any Pennsylvania City requires a landlord to have a rental license.
Notable quotes from the Episode: (Please choose one)
[02:47] “Reading, Pennsylvania, Pottstown, Pennsylvania. There's a lot of people who have never heard of these cities before. It's not exactly Philadelphia — it doesn't roll off the tongue like that.”
[09:51] “Both of these markets, COVID has helped them. You talked about the equity prices going up, but I think rent prices have gone up to, I would think, at least 10% in the last year and a half and in both of these cities.”
[21:10] “Pennsylvania, in general, is a pretty landlord-friendly state.”
Resources Mentioned:
www.peakassetteam.com
sheldonz@home365.co
www.home365.co
emailservice@home365.co
If you’re like most people, you probably think of real estate as a more stable investment than stocks. But what if there was a way to invest in cities the same way you invest in stocks?
In this episode of Real Estate Hackers, we discuss Nada’s Cityfunds and how they allow you to buy portions of properties in major cities — just like you would shares of a company. Cities are like stocks: sometimes they’re on the rise, and other times they’re not. With Cityfunds, you can invest in cities that can minimize your risks and maximize your profits.
Here are some power takeaways from today’s conversation:
- Look for areas on an upward trend.
- Hedge your bets.
- Decide what to do with the property.
- Choose Cityfunds for fewer fees and more benefits.
- Explore the opportunities of blockchain.
Episode Highlights:
[03:04] What Nada Does
Nada recently branched out to Cityfunds, a fractional home-ownership model where clients can sell a portion of their house. They look for areas on the upward trend and hedge their bets.
[07:55] Liquidity on Cityfunds
If you took out the Cityfund, you could still pay it off and own 100% again. Investors that bought into the fund should remember their investment is spread out. They could be bought out, trade for another city, or cash it out and redeem on a secondary marketplace.
[11:27] Prototypical Homeowner and Investor
Owners and investors should be comfortable with new ideas and technology. They are looking for first-time homeowners between 28 and 38 who want to make home improvements. Since the fees are less, the equity percentage given up is less than home equity loans.
Investors tend to be slightly younger in demographics. Mostly, they get investors who think real estate is a safer bet but can’t buy a whole property. They must be able to put in at least $20,000.
[16:45] Creating a National Cityfund
Nada is working on a DAO which will allow qualified investors to pool their funds and create a national Cityfund. They are leaning towards a particular coin called Algorithm.
[23:47] What the Future Holds
Sundance thinks title companies will face a threat from cryptocurrency. They will have to change their service model and become departments rather than stand-alone businesses.
Notable quotes from the Episode:
[19:02] “[Blockchain is] a transparent system. So you can see exactly where your funds were deployed, what your rate of return is instantaneously because it’s all verified.”
[22:01] “It’s the same function; we’re just trying to find something that’s a little more efficient, and we’re going where our audience is.”
[23:50] “I think that title companies are really going to face a threat from the blockchain, from cryptocurrency.”
Resources Mentioned:
nada.co
republic.com
www.home365.co
emailservice@home365.co
Investing in real estate isn’t easy, but with the right tools in your arsenal, it can be much less daunting. One of those tools is a property inspection.
In this episode of Real Estate Hackers, we discuss the importance of inspection data and how it can help increase your property value. By getting a professional evaluation of a property, you can reduce the chances of making an expensive mistake — and that’s something every investor should keep in mind.
Here are some power takeaways from today’s conversation:
- Use inspection data to make informed decisions.
- Get desktop or hybrid appraisals.
- Connect previous data with future touchpoints.
- Find third parties to be on the ground.
- Be creative with your capital.
Episode Highlights:
[08:49] Data Application
Micro application is where data is collected and connected to transactions after the initial one. By collecting clean, structured data, there will be significant operational savings as it helps automate work. Desktop and hybrid appraisals offer quick due diligence and valuation.
Macro application, on the other hand, is where inspection data aggregated across millions of homes can be used in heuristics to predict future value and rehab costs.
[19:19] Using Inspection Data in the Future
Many touchpoints happen during the life cycle of a property where data needs to be captured. Connecting previous data with future touchpoints can make them more effective.
[26:41] Data and Flipping
Since land is scarce, real estate is the best investment class. So instead of flipping houses, hold onto your property and be creative with your capital.
[31:33] Spotting High Variance in the Data
Be cautious about “weekend warrior work” or work on a property done by the homeowner. If you don’t have the budget to sell and build from scratch, walk away from it. Data can help capture those hidden aspects of a property.
[38:11] Future Developments
Increased institutional interest in short-term rentals will allow more people to get into investing. Transactional and management tools will be more digitized. Expect more rent appreciation and more opportunities within the investing space.
Notable quotes from the Episode:
[13:07] “If your data structure is not perfect, if your pricing is not perfect, and you’re doing it at amazing scale, like highest scale, you can lose a lot of money.”
[15:45] “In a market where velocity is both king and queen, being able to offer a very, very quick turn on both diligence as well as valuation can make or break the deal.”
[35:41] “There’s this tremendous opportunity to inspect homes uniquely, because they’re all heterogeneous, to create a much better output in terms of inspection.”
Resources Mentioned:
josh@inspectify.com
www.inspectify.com
www.home365.co
emailservice@home365.co
Real estate is all about location. And picking the best location for a real estate investment can be a challenge. With so many factors and locations, you may feel overwhelmed — or worse, you might end up making a mistake that can cost you, and not just financially. If you’re having trouble deciding on a place to invest, you may want to consider Pittsburgh!
In this episode of Real Estate Hackers, we discuss the Pittsburgh real estate market with Gabe Gordon. He shares his thoughts on the flourishing economy of Pittsburgh and why it’s the best place to invest in right now.
Here are some power takeaways from today’s conversation:
- Tech, health, and education are flourishing in Pittsburgh.
- More people are wanting to live in the suburbs.
- Population decline gives way to increased value.
- Most investors tend to buy in cash.
- Get to know your investors.
Episode Highlights:
[03:58] Why You Should Invest in Pittsburgh
Pittsburgh is a leader in technology, higher education, and healthcare. It’s also considered one of the most livable cities, making it a good place to invest in.
The quality of its higher education institutions and housing affordability are two factors that are fueling Pittsburgh’s growth. Moreover, great effort is put into attracting tech companies.
[13:05] Pittsburgh During the Pandemic
After COVID hit, the suburbs of Pittsburgh saw its share of hardship: many new apartment buildings were stalled out; people started trickling out to the suburbs to get more space; rental rates were also lower before the pandemic. On the other hand, single-family homeowners benefited from the shift to the suburbs.
Currently, people are starting to make a return to multi-family homes, but the suburbs are still seeing a lot of profit from people moving to Pittsburgh.
[16:18] Population and Prices
The population decline is due to the older generation passing away. Thus, a population increase is to be expected in the future. Though it may sound morbid, population decline can add value to properties. Listen to the full episode to find out what price points you can expect!
[22:31] Handling Investors and Investments
Get to know your investor. Learn their goals, risk tolerance, and experiences. Right now, cash is king and investors tend to buy with cash.
Pittsburgh is incredibly resilient and recession-proof. There’s also increased appreciation that beats inflation, and cash flow that produces greater returns. With its stable and growing health, tech, and education sectors, Pittsburgh is an ideal place in which to invest.
Notable quotes from the Episode:
[11:05] “There are some pockets that have not been developed yet. But Pittsburgh is just a growing metropolis of activity all over.”
[23:41] “Everybody’s a little bit different and wants something a little bit different.”
[25:35] “Now, even as interest rates are starting to creep up or have been creeping up, I’m actually starting to see a preference towards cash because people want to get houses purchased, and then they’re going to know what to do with it on the back end.”
Resources Mentioned:
gabeg@homes365.co
Online Real estate tools and new technology with the Product Manager at Apartments.com Lucas Hall.
From innovating new Reese’s candy ideas to doubling the value of an apartment building in 1.5 years, Ari has quite an eclectic experience and journey to Real Estate Investing. Recently he’s been innovating in Real Estate Partnership structures. Find out what he says is the best way to partner to accelerate your financial independence. Go to http://www.kapelrealestate.com/jv to find out the right Real Estate Investing Approach for you.
Chad holds a webinar with talented women in real estate. They discuss both their experience and tips for both long term investing and short term rehabs. They also touch on being women in a male dominated business.
Chad tells us how his origins in mortgage lending gave him a unique perspective on real estate. We discuss how him and his team pivoted their model including moving from Oakland, California to Austin, Texas. He also gives us lots of great details on how they analyze and structure their metrics to be profitable for both flipping and rentals.
Host of the Capital Hacking podcast and real estate investor Josh McCallen joins the show to talk what happens when business collides with Corona Virus. Josh delves into how he uses the BRRRR method to purchase distressed resort properties, how one purchase was abruptly affected by the pandemic and how wedding bookings surprisingly went up!
Chad digs into five observations and takeaways from the last few months.
- The details behind a recent single family home purchase.
- Why rent, instead of sell, your personal residence when moving out?
- Why the number of bedrooms matters.
- Trends in office space.
- Is there a housing shortage?
US Marine Mark Dolfini talks to us about his early missteps in buying the wrong type of property and not having clear priorities laid out beforehand. He also recounts how the stress of overwork almost killed him and how this, while forcing him to reevaluate his life, birthed the VIP method (Vision, Infrastructure and Process)
https://landlordcoach.com/
Listen in on the group chat about creative ways landlords are doing some things differently as Covid continues. We also discuss the pros and cons of cash for keys based on the groups experience with evictions and non payment of rent. Other topics include scaling up by delegating and organizing to stay on top of what matters as well as some cool hacks for landlords.
https://leadinglandlord.com/
https://leading-landlord-university.teachable.com/p/extended-stays-for-landlords
https://www.amazon.com/Your-VA-Loan-Make-Millionaire-ebook/dp/B081988SN7
Alex and Anna discuss how they are changing and working around Covid. Topics include options from lenders to help landlords and some of the hidden dangers of assistance programs such as forbearance and how they can affect you long term. We also cover some tips to use this time to your advantage such as investing in yourself. We discuss Debt to GDP and how it may affect business as well as what banks are up to now as far as loans and what our experts are predicting for how things will look 8 weeks from now.
Ryan Chew discusses how he takes single family homes and converts them into student housing. We talk about how to deal with leases for multiple students and the best type of students to rent to. We also cover Ryan’s system for investing and all the things you need to know to get it done right. Also some great tips on preventive maintenance and how to keep your costs low / profit high.
https://www.newbierealestateinvesting.com/
How do deal with the Corona Virus from a landlords perspective, proactively customizing payment plans for different tenants as well as how to handle infected residents in your building / complex. We also discuss the new reality around maintenance as well as some interesting stats around vacancies and showings.
We discuss helping affected tenants find financial solutions during the Covid-19 Pandemic as well as insight into the CARE act and some of the loans and grants you can apply for to help your business survive. Also some insight into cash conservation and the new economic reality in the United States.
replay and SBA EIDL application:
Stimulus discussion: https://clicks.aweber.com/y/ct/?l=9nSmK&m=hpshZn_iw355IvA&b=tsNuQTV4BTOVphkFFT8sqQ
SBA EIDL loan app: https://clicks.aweber.com/y/ct/?l=9nSmK&m=hpshZn_iw355IvA&b=3huDVYySdPJRRYwMwq7uRA
Jason Roberts & Rachel Schneider of reiblueprint.com discuss how to leverage a CRM system and automation to improve your workflow, close more deals and increase your free time. They also cover how they are adapting to the new reality with the Corona Virus from projection uncertainty, leveraging new technology and the need for a different message as the psychology of the seller has changed.
Reference Links
https://reiblueprint.com/
Jason Moss is an Arizona Real Estate Broker/Investor/Appraiser as well as the COO and Co-Founder of ExitNest. He joins us to discuss the financial benefits of leasing instead of flipping your BRRRR purchase as well as a deep dive into the iBuying space and his company ExitNest.
Reference Links
https://exitnest.com/
From cutting grass to installing a new toilet flapper, Ray Agliata handles maintenance throughout all parts of the investment tenant spectrum. Serial entrepreneur, musician, artist and podcast host, Ray does it all while managing a property maintenance company and manages to throw us a few financial golden nugget tips along the way.
Office (732) 640-5518 Www.Propertyrealtyservices.com
With the smoothest transition from civil engineering to home inspections, Justin Eaton brings his logical way of problem solving into real estate. From a completely transparent point of view, Justin teaches us how important a simple inspection is and how it can save us thousands from a budget perspective. Take a listen for tricks we had no idea about like moisture measures and tips for you to take note on your next syndication. Www.DwellsafeNJ.com Instagram: @sjreig
Buy and Hold Investor, Willie Mandrell joins us today to talk key components to successful teamwork throughout all stages of syndications. Willie Mandrell saves time money and tons of stress by establishing some defined roles within his specific trusted crew instead of some usual processes done during syndications.
Attorney, Author, Educator and College Professor, Jillian Sidoti joins us to talk legality details many entrepreneurs may oversee when raising capital for syndications. Jillian Sidoti and her firm are hyper-focused in helping make sure entrepreneurs are legally compliant during outsourcing, using crowd funding and private investors while ensuring you are using the correct platforms and terminology as well.
Reference links:
www.CrowdFundingLawyers.Net
An asset manager and partner herself while maintaining a full time W2 in the technology field, Alina Trigub shines light on how to accomplish it all from step one. She tells us how to begin in a syndication, work with investors, find the right deal and how to make your first move while maintaining a strong structure and build your wealth through passive real estate investing. Reference links: www.SamoFinancial.com www.AlinaTrigub.com
In this unique Valentine’s weekend special, Real Estate Hackers host Chad Gallagher’s wife Ashleigh Gallagher joins us to talk budget, trust and balance within the household. Listen for guidance on how to live under your means, keep spare money aside and maintain the communication within your own walls for ultimate financial success.
Reference links:
BUY ONE GET ONE CONFERENCE CODE: VALENTINE
VALID ONLY VALENTINES DAY WEEKEND!
Focusing on notes and managing a mortgage note investment fund, industry veteran Fred Moskowitz joins us to explain notes and the importance of note investing. Fred has trained a huge amount of investors throughout all stages of life on the pathway to passive income of their own. This incredibly insightful episode will surely educate you on this sometimes overlooked yet important topic. Reference links: www.FredMoskowitz.com Text “Note” to 555888 to sign up for Fred’s newsletter!
Into portable housing and real estate functionality since a young age, Justin Massimo began his ultimate solo journey about six years ago. Justin reinforces the importance of efficiency, systemizing while exploring a new topic with us, modular homes and some of the processes behind these affordable real estate creations.
Reference links:
Email Justin
www.SimplifiHousing.com
Not your average real estate brokerage, CEO at RP Capital and author of 'Get Rich the Right Way', Ron Phillips brings education with implementation to help create investors and educate individuals to find the reason not only why they want to invest, but how. Join us in this episode to see how through strategic planning and processes, you can begin your investment journey.
Reference links:
For you own Personal Strategic Planning Session, call Ron at 801-305-3119
Getting Rich the Right Way on Amazon
Insurance to Investor, Ryan Daubert educates us how small dollar claims and lower deductibles are more harmful to your bank than higher ones. In this insightful interview, Ryan Daubert reiterates how important it is to read and understand your policies. Listen for his tips to easily save money on your already existent policy and why bundling may not be the best for everyone.
Reference links:
www.RedRabbitInsurance.com
Ryan@RedRabbitInsurance.com
1 800 560-3015
Nate Herrick comes into play with a whole new perspective on possible business opportunities. With a two by two square foot cashflow, he proves how networking is key especially in the beginning of investments. Nate shows how there are no limits in new syndications with what you can build a business from and how the perfect time to start a project is now.
From full time job to multi-family, Dave Wolcott explains how multi-family and your personal time are some of the crown jewels in real estate. He proposes a new rinse and repeat strategy commonly referred to as Infinite Banking. The way Dave Wolcott simplifies this syndication option will have you going out to start this process tomorrow.
Reference links:
https://pantheoninvest.com
From multiple points of view, Dan Butler begins this recollection of progressive developments later joined by COO Russell Alt. Using their southern charm to swoon us into their lives of large scale project management, Dan and Russell tell us the slight but very important differences between having Virtual Assistants and Remote Team Members.
Reference links:
Core Assist
Katherine Devoure Email
Dan Butler Email
Yet another product of the famous purple book, Andrew Schena read “Rich Dad, Poor Dad” by Robert Kiyosaki just in time to escape the repetitious work grind. In 2001, Andrew got a glimpse of his future through coworkers at ESPN and realized that isn’t the path he wanted. He quickly educated himself and grew in the field of investment and mortgage to ensure a more desirable future.
Reference links:
Rich Dad, Poor Dad
Capital Equity Partners
Phone: (781) 572-9577
From Las Vegas to North Carolina, strategist Alex Felice pounces right into the real estate world bringing some clever tricks to the table like paying for the contractor up front or simply getting up to make the next right move. This geographical relocation sure worked for Alex where he proves how important quality over quantity is.
Reference links:
www.brokeisachoice.com
Alex Felice Facebook
Emerging from working in the back of a box truck and traveling door to door, Kris Kaufman and Dan Gotwalt joined forces to benefit from which the other lacks. These life long friends gambled on each other and everything they owned for a chance at a better income. This first ever episode with two guests goes way beyond just a Dentist office overhaul, it will immediately have you wanting to grab your closest friend and start flipping.
Reference links:
foundationalinvestors@gmail.com
Her goal is to create a community to inspire and support women who invest in Real Estate to live a financially free and balanced life.
How to go from career woman to real estate mom, Liz Faircloth shares her obstacles she overcame to enjoy the gifts of being a full time parent. Dive in to time management, construction management and the utilization of your local resources for maximum benefit. Take a listen to learn the best hacks to prevent diluting your assets too easily and how to work with your spouse for the strongest strategic growth.
Reference links:
www.TheRealEstateInvestHer.com
Al Williamson shares with us his magnificent stories for simple yet super effective tactics that result in an effortless additional income. Take a listen to learn why Green Gobbler will be a new necessity in your every day life and how to keep your money In the bank instead of dwindling due to silly circumstances.
Reference links:
www.LeadingLandlord.com
In this captivating podcast, Jason Yarusi shows us the key components to successful multi family syndication and investing in general. He lets us in on his secrets to staying on point not only inside, but outside of work as well. Listen to get a new perspective on the importance of focus with a quick guide to mental clarity to further your success today!
Reference links:
www.multifamilyfoundation.com
www.yarusiholdings.com
Josh McCallen is a nationally recognized hospitality executive, turnaround specialist, conference speaker, innovator, builder & investor with a track record for development of exceptional resort properties and growing world-class operational teams.
Join us to get a deep feel behind the scenes in the world of hospitality, Renault Winery and how technology will impact the future of resorts.
Reference links:
Josh McCallen's LinkedIn
VIVAMEE
Josh's Podcast Capital Hacking
Renault Winery
Data-centric Neal Bawa starts off this episode by discussing the importance of different data collections in real estate syndication. He immediately throws a very valuable process our way on how to effectively raise millions with a super small budget. Stay tuned to hear his views on the future of real estate agents and if the profession will dwindle due to automation or continue to thrive from their unique roles in the real estate world.
Reference links:
www.MultifamilyU.com
Magic of Multifamily Facebook
Neal Bawa LinkedIn
Not your typical bookkeeper, Ben Day drops in to educate us how to combine information to leverage the bigger better picture in a way that is more coherent for the day to day real estate investor. These helpful hints guide you to focus on the essentials with the confidence that no other data gets lost or unorganized. This simplified system to bookkeeping will quickly bring back your time, money and sanity.
Reference links:
www.Lionsharebookkeeping.com
With a background in operations, a now process driven Ray Hespen built Property Meld to create a measurable process for maintenance repairs which directly leads to less tenant turnover. Property Meld automates the process from when a maintenance request is received to the final opinions of the tenants themselves. Join us to learn the unknown ways Property Meld fulfills evolving tenant desires and what modern conveniences are to come.
Reference links:
www.PropertyMeld.com
Another “Rich Dad, Poor Dad” success, Sheldon Zimmerman starts off with the structure of his first investment deal with no money down. He then goes into deep detail with a timeline guide for the early investor audience. Sheldon continues to explain the differences between starting with a multi family or a single family investment and the benefits of each.
References:
"Rich Dad, Poor Dad" By: Robert T. Kiyosaki
Fresh out of high school, Jerry Horst knew college wasn’t from him. Jerry has a unique way to understand the market and uses a scientific approach to find out what really means most to the modern renter. On this episode you will learn how to plan 5 years ahead for maximum profit and how he gets a tenant to say “wow”! He informs us about the benefits of working with family on a daily basis and the importance of maintaining your own inner peace.
Reference links:
JerryHorst@gmail.com
Literature
Thou Shall Prosper by: Rabbi Daniel Lapin
Anna Kelley joins us to plunge into her inspiring journey about her self taught successes and the lessons learned along the way. She goes into detail about some of the rougher experiences that led her from a negative net worth to a multi million dollar one just five years later. With an early retirement only four months ago, Anna Kelley is surely someone to take a tip from.
Managing Partner of First Equity Funding, Christian Pepe stops by the studio to give an inside view of the lending world. As an asset based real estate lender, Christian covers the bases of using certain sources for data analysis and when to use each one for maximum benefits. Pepe then dives into the best approach to obtaining sufficient loan amounts for the desired home improvement.
Reference links:
www.FEFunding.com
Orthodontic Supply Executive and Real Estate Investor, Mike Parlante joins us with his secrets to success and keeping a happy family. He tells us why the smile captures someones attention but the sales technique and personality is what keeps clients engaged. Mike Parlante informs us how he maintains organization while achieving many goals at once and what platforms are the best to use while keeping a positive mindset.
Reference links:
Mike's Linkedin
Mike's Facebook
Originally an analyst on wall street, Herve Francois felt no more passion in the stock trenches. Join us on this episode of Real Estate Hackers to hear how he converted his drive and talents to master the real estate world. Herve goes into the benefits of knowing the quadrants of Washington D.C, delivers some helpful guidance of how to avoid over analyzing and proves that you can never have enough spreadsheets.
The Queen of Student Housing, Dixie Decker joins us on this episode of Real Estate Hackers. This intriguing interview starts off with Dixie’s hacks so she never has to hear from her tenants with some simple techniques to avoid college student rivalry. Dixies explains how to play the role of teacher by setting the student residents up for success from the beginning.
Reference links:
Website
www.DixieDecker.com
https://www.facebook.com/pg/DixieDeckerRealEstate/
dixie@dixiedecker.com
Baltimore success Ed Hale joins Real Estate Hackers to talk about his multiple achievements. After serving our country in the Air Force, Ed Hale purchased an aged, run down park for almost nothing. What he then bought for pennies, ended up selling for millions. Join us to hear why Ed Hale refused the mayor, was recruited for the CIA and how the escalated bank account was just the beginning.
Long time business partner and co founder of SlateHouse Group, Nate Jones stops by Real Estate Hackers to discuss the details on his and Chad's craziest investment to date. He then relays some of his pro tips on how to make budget cuts and why it is important to relax when you’re behind schedule and your elevator is still in Canada.
We invite our valued listeners to our open house Thursday, September 5th! The event will be from 4pm-8pm at 800 New Holland ave, Lancaster PA 17602. Come check out the new work space, enjoy some food and network with peers!
Reference links:
https://www.slatehousegroup.com
Tired of traveling all over for work, Beka Shea knew she had to make a change from missing time with her kids. From newbie flipper to wholesaler and marketing master, Beka explains how she quit her mechanical engineering job to tackle real estate full time. Now with a focus on marketing, Beka Shea drops some hints on how to optimize advertising and organize your personal business to maximize productivity.
Reference links:
MarketSharkConsulting.com
Growth@marketsharkconsulting.com
www.bekasdeals.com
Episode Summary
The Cash Flow Ninja himself joins as the first passive investor on the show. MC Laubscher, a Rugby player by day, begins with the importance of first investing in yourself. He starts off light with how to start as a Passive investor and why it is an intriguing path to take. He goes into detail about how to strategize the best deals for a unique situation. Finishing off with some advice on how to have your priorities straight to achieve success, MC Laubscher proves that patience is key.
Reference links:
www.cashflowninja.com
Baltimore resident David Hathaway inspires us with his story of his growth from buying and selling cars on E-Bay auctions to becoming a successful Buy and Hold Investor of over 50 units throughout Maryland and Virginia. Take a listen for his tips on how to become financially independent on your own and what certain things to avoid in the market. He also lets us know what areas are preferential geographically, helping us to weigh the risks and rewards. Reference links: David’s Email Hathaway89@gmail.com
From Touch of Color Flooring, expert Rani Rammouni invites us to join the world of specialty flooring. Hailing from one of the top specialty flooring companies since 2003, Rani reveals some of his personal secrets to his successes. He explains the evolution of necessary technological advances in the flooring world and how these advances speed up the process preciseness. We get an in depth look of A Touch of Color’s precise screening process to find the most suitable contractors to represent their work. Rani then spills his secrets on how to know what materials to use for maximum profit for flipping houses and multi family investments, and leaves us with the one thing that still surprises him in adulthood.
Reference links:
Touch of Color Online
https://touchofcolorflooring.com
Rani’s Email
TeamLBR@TOCFlooring.com
Eric Brewer is the owner and president of CR Property Group. In this episode he talks about the current real estate market, developing new strategies, and how to view things from a 30,000 foot level and to work “on” your business and not “in” it. Eric also shares new ideas and new processes in his business.
We also get the opportunity to hear about sales vs. operations, the difference between the two, and how many business owners don’t run their real estate business like a business. He also gets into his hiring process and how they use the DISC assessment system to help profile when hiring and how to pay attention to a sales person vs. an operations person. Lastly, Chad and Eric get into turnkey properties for investors and weighing your threshold for risk.
Reference links:
Eric’s website: https://crpropertygroup.com
Eric’s phone#: 717-818-3694
Eric’s email: Eric@crpropertygroup.com
Fred Rice is the co-owner of Spectrum Utilities which focus’ on sub-metering on a national level. Once a corporate lawyer, Fred retired to focus on purchasing a business. Knowing nothing about the profession of sub-metering at first, Fred immediately gained interest with consolidation synergies, which quickly led to an expansion of four offices throughout 28 states. Fred joins us to talk about the ins and outs of sub-metering, where he goes in depth about the benefits, costs, and why it is crucial to work closely with the contractors to create maximum profit. We also learn about the perfect candidates for sub-metering and how to accommodate different types of customers..
Reference links:
Fred's Email
frice@spectrumutilities.com
Fred's Phone
(614) 214-7777
Spectrum Utilities Website
http://www.spectrumutilities.com/
Michael Manthei is a real estate investor and property manager. Michael got his start after a spiritual awakening in his younger years that stemmed from being involved in not-so-illegal activity. He eventually turned his life around and was introduced to people who helped pave his path to success. He joins us to talk about his nail-biting journey buying his first property with no experience, no money, and dealing with a foreclosure. We also learn about his BRRR hacking method with hard money loads, being a fair landlord, and how to properly partner with family in real estate deals.
Reference links:
Michael Manthei Facebook
https://www.facebook.com/michael.manthei
Rich Dad Poor Dad Book
https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194/ref=sr_1_3?crid=R4EW47ND8BBZ&keywords=rich+dad+poor+dad&qid=1557860685&s=books&sprefix=Rich+Dad%2Cstripbooks%2C192&sr=1-3
Jason Dubnik is a certified public accountant and real estate investor. As an accountant, he got into real estate after working with many of his clients and seeing the various tax advantages. He sits down to talk with us about the best low-tax investments, and a new trend called Opportunity Zones, a government-backed real estate program with zero capital gains tax.
Reference links:
Dubnik CPA Website
https://www.dubnikcpa.com/
Farhan Malik and Shomail Malik are brothers, real estate business partners, and owners of Apex Capital Group. They sit down to talk with us about their early start in real estate wholesaling, and how they expanded their hometown ventures to other city markets. They share with us their top two real estate hacks in regards to wholesale and turnkey properties. The also give tips on how to communicate with your investors, the importance of diversification across markets, and the future of real estate technology.
Reference links:
Apex Capital Group
https://www.investwithapex.com/
Apex Hotsheet
https://docs.google.com/spreadsheets/d/1AIxHP-5Kk0RVRTmI_DEC43pt5MMqkkHxmnuTOMIN4Xc/edit#gid=1063840954
Wholesalers Apex Email Contact
atm@investwithapex.com
Robert Kiyosaki
https://www.richdad.com/
Rich Dad Poor Dad Book
https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1543626610
SlateHouse Group
https://www.slatehousegroup.com/propertymanagement
Matt Faircloth of the DeRosa Group and famed Bigger Pockets contributor jumps into the studio at our co-working space The Hive to share stories on his early investor days, his ways and strategies on how to raise private capital (look for his book "Raising Private Capital"), and his views on tech driving tools in real estate that will make it much easier to invest!
Slatehouse Group
https://www.slatehousegroup.com
The Hive
https://www.hiveoffice.com
DeRosa Group
https://www.derosagroup.com
Raising Private Capital book
https://www.biggerpockets.com/store/raising-private-capital-ultimate
On Air Brands
https://www.onairbrands.com