Real Estate Experiment: Recent Episodes
Ruben Kanya
The Real Estate Experiment Show compiles over $2 Billion worth of successful real estate experiments for new investors looking to get started in real estate. With real estate being a broad umbrella, in the lab we introduce you to a variety of real estate models (experiments) that real practitioners have implemented while sharing their wins, losses and lessons in the lab so that you can pick the experiments that suit your lifestyle the most and double down. In the lab we focus on repeatable processes, systems and ingredients so that you can implement your own experiments and build.
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprintIn this reflective episode of In The Lab, Ruben unpacks the concept of “relationship equity”—the unseen deposits we make when we give value first without expectation in return—and how this principle has created full-circle moments in his real estate and entrepreneurial journey. Drawing from his own experiences and those of past podcast guests, Ruben highlights how relationships built on giving often return dividends in the form of opportunities, mentorship, and growth.
He recalls pivotal lessons from Michael Elefante (Episode 161), whose transparency and content-driven brand inspired collaboration and mutual support, and Michael Shogren (Episode 91), whose Airbnb strategy shifted Ruben’s path entirely. Ruben also shares how contributions to Dr. Rachel Gainsbourg (Episode 263) and Will Dodtson ( Episode 265) later came full circle into opportunities that opened new doors.
This reflective conversation breaks down why “relationship equity” matters more than transactions, how small acts of service compound over time, and why long-term giving creates reputational capital that no market crash or downturn can erase.
If you’ve ever wondered how to turn networking into true opportunity, this episode will shift your perspective. Tune in now to learn how to build a relationship equity bank that compounds into partnerships, contracts, and doors you never knew existed.
EntrepreneurMindset #RelationshipEquity #BusinessGrowth #RealEstateInvesting #Networking #ExperimentNation
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
In this powerful episode of In The Lab, Ruben sits down with George Otel, a finance expert, entrepreneur, and investor who has carved a unique path from trucking fleets to becoming “the finance guy” for business and real estate deals. George immigrated to the U.S. in 2011, built a trucking fleet, then pivoted into real estate, business loans, and funding strategies after realizing the leverage and creativity that come from finance. Today, he’s the go-to resource for SBA loans, equipment financing, commercial real estate, private lending, and complex deal structuring.
George reveals how he helps entrepreneurs and investors unlock capital, stack funding sources, and position themselves for growth—whether it’s acquiring businesses, scaling commercial assets, or tapping into the $10 trillion wave of baby boomer business exits. With a deep belief in buying back your time and focusing on one core skill, George shares how discipline, mentorship, and deal structuring literacy shaped his journey.
If you’re looking for a roadmap to financing smarter, leveraging hidden equity, and positioning yourself for the coming wealth transfer, this episode is packed with practical strategies and actionable insights. Tune in now to learn how George’s “finance-first” approach can change how you play the game.
HIGHLIGHTS OF THE EPISODE:
21:38 George talks about creative financing.
43:45 George talks about the $10 trillion baby boomer wealth transfer.
KEEPING IT REAL:
09:10 – Redefining financing
12:40 – Structuring deals with multiple funding stages
17:18 – Equity in equipment as collateral
19:13 – Commercial brokers vs. finance brokers
22:28 – Seller financing and tax advantages in acquisitions
26:05 – Bridge loans, DSCR loans, and refinancing strategies
31:12 – From trucking fleets to real estate and finance
37:45 – Adding value when networking with mentors
44:00 – The $10 trillion baby boomer wealth transfer opportunity
51:50 – The sweet spot for acquisitions
55:30 – Buying back your time and building teams using Dan Martell’s frameworks
1:02:25 – Business owners should own their buildings
1:09:00 – Where capital is flowing next
1:27:04 – How to connect with George
CONNECT WITH THE GUEST
Website:https://www.usbizfunding.net/
Linkedin: https://www.linkedin.com/in/georgeotel/
Instagram: https://www.instagram.com/georgeotel/?hl=en
X: https://x.com/george_otel
BusinessFunding #RealEstateInvesting #Entrepreneurship #WealthTransfer #PrivateLending #CommercialRealEstate #BusinessAcquisition #FinancialLiteracy #IndustrialRealEstate #DealStructuring
Connect with me at https://experimentrealestate.com/connectGet the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint In this episode, Ruben shares a simple but powerful framework from his mentor, Myron Golden —the three C’s of fulfillment—and shows how it applies to business, real estate, and life. If something feels “off,” it’s usually because one (or more) buckets is empty: Create (projects, content, opportunities), Connect (community, proximity, masterminds), and Contribute (impact beyond self). When all three are present, work becomes meaningful and momentum compounds.
Ruben maps the 3 C’s onto the temporary housing / mid-term rental niche: creating listings and deal flow, curating rooms and meetups that foster connection, and building brands and businesses that contribute to something bigger. You’ll hear practical ways to fill each bucket—hosting or co-hosting meetups, joining rooms outside your niche to expand surface area for luck, creating content because “if they don’t know you, they can’t flow you,” and designing purpose-driven business systems that reward contribution across your team and partners.
If you’ve ever grown your numbers but still felt underwhelmed, this episode is a reset: fill the three buckets and fulfillment will follow.
Tune in now to learn how to use the Create–Connect–Contribute framework to realign your business, energize your week, and build a portfolio (and life) that actually feels good to run.
EntrepreneurMindset #BusinessGrowth #RealEstateStrategy #MidtermRentals #Leadership #CommunityBuilding #PersonalDevelopment #ExperimentNation
Connect with me at https://experimentrealestate.com/connect
Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
In this solo briefing, Ruben breaks down Airbnb’s move to a single host-only fee (15.5%) for listings managed through property management software (PMS)—what’s changing, when it hits, and what it means for operators. He clarifies the Aug 25 & Oct 27, 2025 timelines and why this shift underscores a hard truth: Airbnb optimizes for guests first, not hosts.
Ruben shares the immediate, practical fix: adjust PMS channel markups (not your global pricing tool) so Airbnb prices reflect the new fee without mispricing you across other OTAs. Then he zooms out to strategy—leverage Airbnb’s traffic, but don’t depend on it. Diversify across VRBO/Expedia/Furnished Finder/Zillow, build direct-booking pathways through brand presence in-stay, and set business guardrails (no auto IB if it breaks your ops).
You’ll also hear how to turn Airbnb visibility into long-term relationships, protect margins with smarter pricing ops, and operate like a true B2B temp-housing brand. This isn’t “Airbnb or nothing”—it’s Airbnb and a resilient distribution stack.
Tune in now to learn exactly how to update your pricing, protect profits, and future-proof your portfolio while still riding Airbnb’s massive demand engine.
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
ShortTermRentals #AirbnbHost #PMS #MidTermRentals #HospitalityOps #RevenueManagement #OTAstrategy #ExperimentNation
In this focused solo episode of In The Lab, Ruben unpacks the lessons he learned from attending a three-day Nike tennis training camp and how they directly apply to business, real estate, and personal growth. He reflects on the four key pillars that make intensive training so powerful—proximity, reps, correction, and longevity—and why missing just one of these can make the entire experience meaningless.Drawing from his own journey as an athlete, coach, and entrepreneur, Ruben explains how the right environment accelerates progress, why repetition creates mastery, and how a single correction from a mentor can completely shift your trajectory. Most importantly, he emphasizes the compound effect: real transformation doesn’t come from a one-time intensive but from consistent application over time.If you’ve ever been inspired by a boot camp, conference, or training program but struggled to sustain the momentum afterward, this episode will show you how to turn short bursts of intensity into long-term growth. Tune in now to learn how to leverage intensive training for lasting success in your business, health, and personal experiments.
Connect with me at https://experimentrealestate.com/connectGet the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint #EntrepreneurMindset #BusinessGrowth #Leadership #RealEstateStrategy #MindsetShift #CompoundEffect #ExperimentNation
Connect with me at https://experimentrealestate.com/connect
Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
In this reflective solo episode of In The Lab, Ruben shares the lessons he gained from running his first 10K race and how they directly apply to entrepreneurship, real estate, and life. From training with mentors to pushing through discomfort and finding the right environment, Ruben unpacks why success is less about talent and more about discipline, persistence, and proximity to the right people.
Using powerful analogies from sports and business, he explains how identifying your targets, surrounding yourself with the right environment, and pacing yourself against stronger peers can accelerate growth. Ruben also dives into the importance of environment over automation in today’s AI-driven age—and why genuine relationships remain irreplaceable.
If you’re re-evaluating your goals mid-year or searching for the right push to keep going, this episode will help you reflect, reset, and realign with the fundamentals that never change: preparation, mentorship, consistency, and celebrating each milestone along the way.
EntrepreneurMindset #BusinessGrowth #MentorshipMatters #Resilience #RealEstateStrategy #Leadership #MindsetShift #ExperimentNation
Connect with me at https://experimentrealestate.com/connect
Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
In this high-impact episode of In The Lab, Ruben sits down with Brandon Rickman, an Atlanta-based investor, entrepreneur, and general contractor who has flipped over 500 houses, developed 100 new-construction single-family homes, and built vertically integrated businesses spanning private lending, self-storage, and consumer products. With over 25 years in real estate, Brandon shares how his career evolved from flipping houses to raising private capital for large-scale developments—including a three-story, Class A self-storage facility outside Atlanta.
Brandon opens up about the peaks and valleys of entrepreneurship, from multi-million-dollar exits in the consumer products world to surviving the 2008 market crash when banks abruptly called his loans. He reveals the data-driven criteria he uses to reverse-engineer self-storage projects for REIT buyers, the add-on revenue strategies that maximize NOI, and why private lending has become a major growth focus.
If you’re looking for a transparent blueprint to scaling across multiple real estate verticals while building resilience through challenges, this conversation is packed with insights on strategy, mindset, and execution.
HIGHLIGHTS OF THE EPISODE:
14:46 Brandon talks about self-storage investment strategy
44:55 Brandon talks about entrepreneurial resilience and scaling across multiple real estate verticals
KEEPING IT REAL:
05:20 – Why self-storage is Brandon’s top focus today
06:47 – How syndication works for self-storage investors
10:04 – Understanding demand: square footage per capita and site selection data
14:46 – Reverse-engineering self-storage for REIT buyers
17:47 – Pricing power and tenant retention in self-storage
22:05 – Increasing NOI through add-on services and rentals
26:27 – Automated vs. manned self-storage operations
30:08 – From consumer products to multi-million-dollar exits
44:51 – Surviving the 2008 market crash and negotiating with banks
59:22 – Big wins: high-margin flips, 7-figure syndication potential, and legacy deals
1:10:08 – Building a $20M/year private lending business
1:14:10 – Advice for 20-year-old entrepreneurs
CONNECT WITH THE GUEST
LinkedIn: https://www.linkedin.com/in/brandon-rickman-9885a22/
Instagram: https://www.instagram.com/brandonrickman08/
Youtube: https://www.youtube.com/channel/UCfQGTzF6JvH4qqT_V8Lx2cw
RealEstateInvesting #SelfStorage #EntrepreneurMindset #PrivateLending #FlippingHouses #ResilientEntrepreneur #CommercialRealEstate #BusinessGrowth #REITStrategy #FinancialFreedom
Connect with me at https://experimentrealestate.com/connect
Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
In this powerful and paradigm-shifting episode of In The Lab, Ruben sits down with Jay Cameron, real estate investor, international speaker, and founder of Maximum Impact Travel. Jay opens up about the pivotal moment when he realized that grinding through life just to pay bills wasn’t enough. After building financial stability through real estate and entrepreneurship, he made a bold decision to travel to Africa—facing his fears, confronting his conditioning, and ultimately transforming his life.Jay shares the mental due diligence required to break out of the bubble, why many Americans have a flawed perception of Africa, and how embracing global citizenship reshaped his identity and his business. From launching a multimillion-dollar travel company to leading over 2,000 people on transformative international trips, Jay explains how deep experiences—not just dollars—pay the highest dividends.If you’ve ever felt stuck in routine, this episode will challenge you to rethink your own story. Tune in to hear Jay’s journey from constraint to clarity and how you can unlock a life filled with purpose, expansion, and global impact.HIGHLIGHTS OF THE EPISODE:11:03 Jay talks about overcoming the old paradigm of fear, routine, and mental confinement38:33 Jay talks about why Africa’s branding is broken KEEPING IT REAL:04:26 – How travel shaped his identity and business10:58 – The old paradigm: fear, routine, and mental confinement13:30 – First fearful leap to Africa in 201816:55 – A better way to grind? Unpacking hustle culture20:39 – Use low overhead to create freedom30:58 – Reframing travel as a personal investment32:59 – “Die With Zero” and building memory dividends37:15 – Why Africa’s branding is broken42:27 – Doing your own mental due diligence45:53 – How expanding your mind dismantles generational programming50:26 – Smiles, dignity, and the universal human connection51:22 – Turning the world into an adult summer camp53:23 – From viral YouTube video to travel empire54:05 – Why this business is the reward after the grindCONNECT WITH THE GUESTWebsite: https://www.maximumimpacttravel.com/#Linkedin: https://www.linkedin.com/in/jay-cameron-532a2951/Instagram: https://www.instagram.com/jaycameronofficial/?hl=enYoutube: https://www.youtube.com/c/maximumimpactwithjaycameronLinktree: https://linktr.ee/maximumimpacttravel#RealEstateInvesting #GlobalCitizenship #MindsetShift #LifestyleDesign #EscapeTheGrind #MaximumImpact #TravelEntrepreneur #MentalDueDiligence #AfricaUnfiltered
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprintIn this deep-dive episode of In The Lab, Ruben sits down with Joel Friedland, founder of Brit Properties, to explore an uncommon but powerful approach to real estate syndication: acquiring industrial properties with no debt. Joel, who has been in the industrial real estate game since the age of 22, shares his evolution from working under a Chicago family office to building his own portfolio of high-performing industrial buildings.
The conversation spans everything from the anatomy of industrial leases and long-term tenant retention to the personal values that shape Joel’s unique investment philosophy. Joel opens up about surviving the 2008 financial crisis, the dangers of signing standard loan documents, and how he now protects his investors through detailed side letters and ultra-low leverage—or none at all.
You’ll hear how Joel evaluates industrial assets, builds long-term relationships with tenants and investors, and why he believes most operators are taking unnecessary risk in the name of returns. His perspective is rare, contrarian, and backed by decades of experience.
If you're a syndicator, investor, or entrepreneur curious about how to build a portfolio with resilience and integrity, this episode will shift how you think about risk, returns, and relationships. Tune in now to learn why Joel is one of the few operators in America focused on building a community through no-debt deals—and how you can apply the same principles to your business and life.
HIGHLIGHTS OF THE EPISODE:
21:34 Joel talks about building relationships
13:11 Joel talks about his lawn mowing business at age 14
KEEPING IT REAL:
05:00 – Why industrial outperforms office and retail
08:13 – Long-term leases and tenant retention
10:00 – Triple net leases and low-maintenance management
11:16 – Entry into industrial real estate
13:11 – Lessons from starting a lawn business at 14
15:06 – Are entrepreneurs born or made?
20:19 – From chasing deals to building relationships
30:16 – A model focused on long-term trust and low turnover
36:08 – The critical importance of reading legal docs
42:46 – Hidden risks in loan documents
47:04 – Avoiding high leverage even if it means lower returns
52:00 – Strategy and differentiation: why safety wins
56:00 – Why he doesn’t use infinite banking or other loan-backed strategies
59:03 – Hiring mistakes and how to identify A-players
1:03:01 – Likability ≠ capability: the hiring lesson most learn too late
1:06:10 – Current focus and future direction
1:08:55 – Why he only buys infill industrial in Chicago
1:10:50 – The shrinking market advantage in industrial real estate
1:13:02 – Parting advice and how to connect with Joel.
CONNECT WITH THE GUEST
Website: https://www.britproperties.com/
Linkedin: https://www.linkedin.com/in/joel-friedland/
Facebook: https://www.facebook.com/people/Brit-Properties/61561165483112/?_rdr
Youtube: https://www.youtube.com/@investingwithjoel
PublicAdjuster #InsuranceClaims #CoverageD #MidtermRentals #TemporaryHousing #RealEstateInvesting #PolicyholderAdvocacy
In this timely episode of In The Lab, Ruben breaks down when and why you should consider shifting to a hybrid short-term and mid-term rental model and how the latest tax legislation makes it even more lucrative. Coming off last week’s Driving Conversations with AI vs. Questions, he explains how operators can strategically layer MTR contracts over STR availability to increase monthly income while protecting long-term upside.
Ruben shares why hybrid models aren’t just a fallback when STRs are soft—but a proactive strategy that aligns with seasonality, market demand,and most importantly the tax code. He covers how to position your properties to attract both leisure guests and insurance contracts, the systems you need in place to pull it off, and how to avoid making reactive decisions that hurt your business in the long run.
If you’re looking to increase occupancy, optimize taxes, and build a more resilient and profitable rental portfolio in today’s evolving landscape, tune in now and learn why now is the best time to execute the hybrid STR/MTR model.
#MidtermRentals #ShortTermRentals #STRStrategy #MTRGrowth #HybridHosting #RealEstateInvesting #VacationRentalTips #InsuranceHousing
Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
In this informative episode of In The Lab, Ruben breaks down a powerful framework for how to actually use AI as a strategic partner—not just a search engine. Drawing from real-world conversations he's had with AI to help close deals, refine business plans, and optimize decision-making, Ruben reveals how the right prompts, context, and conversations can turn ChatGPT into your most valuable board of advisors.
This isn't about asking better questions—it's about having better conversations. Ruben shares the difference between surface-level prompts and deep AI dialogue that reveals blind spots, sharpens thinking, and accelerates progress. From uploading your favorite book frameworks to building bots that mirror your business philosophy, this episode maps out exactly how to scale your thinking using AI.
If you’re ready to move faster, make clearer decisions, and unlock unfair advantages with AI in your back pocket, tune in now and upgrade the way you operate—before your competition does.
RealEstateStrategy #MidtermRentals #Entrepreneurship #TemporaryHousing #BusinessGrowth #MTRAccelerator #Q3Planning #RealEstateTips
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprintIn this solo episode of In The Lab, Ruben delivers a powerful, high-impact debrief heading into Q3 2025. With the lab coat on and lessons in hand, he walks through seven strategic experiments and three hard-earned insights from the previous quarter that every real estate entrepreneur needs to hear. From HELOCs on second homes and appraisal strategies to AI integration and bank account structuring for business credit, this episode covers the exact tweaks Ruben is using to grow Invested Escapes and support clients nationwide.
Ruben dives deep into how to structure relocation proposals, why in-person events still win in a digital world, and how compressing negative timeframes can drastically improve your quality of life. He also breaks down the importance of storytelling, the untapped power of leveraging GPTs for niche business use, and what it means to move with clarity in your next season.
If you're looking to sharpen your edge, build systems that scale, and lead with purpose this quarter, tune in now and take these 10 proven strategies into your lab.
RealEstateStrategy #MidtermRentals #Entrepreneurship#TemporaryHousing #BusinessGrowth #MTRAccelerator #Q3Planning #RealEstateTips
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
In this data-packed episode of In The Lab, we sit down with Jeff Hurst, CEO of Furnished Finder and former President of Vrbo, Chief Strategy Officer at HomeAway, and COO of Expedia Group. Jeff brings decades of experience in travel and hospitality tech to a fast-growing platform that has quietly become a powerhouse in the midterm rental space. Under his leadership, Furnished Finder has doubled its team, modernized its infrastructure, and doubled down on transparency—offering rare insights into tenant demand, booking trends, and platform economics.
Jeff walks us through how Furnished Finder is fundamentally different from traditional OTA platforms—highlighting landlord control, flat-rate pricing, and a commitment to empowering hosts with direct lead access. He unpacks the tenant segments behind over 2 million inquiries per year, including construction crews, relocating families, digital nomads, and healthcare workers. From scalable furniture ROI to market mismatch signals, Jeff shares actionable insights that today’s operators can apply immediately.
If you’re looking to scale with better data, more control, and deeper tenant insights, tune in now to learn how Jeff Hurst is leading a marketplace revolution—one booking request at a time.
HIGHLIGHTS OF THE EPISODE:
12:14 Jeff talks about pricing transparency
42:58 Jefftalks about chasing shiny objects
KEEPING IT REAL:
08:25 – How Furnished Finder differs from OTA platforms like Airbnb and Vrbo
11:00 – Why tenant experience and pricing transparency matter
14:00 – The role of data in trust-building and growth
17:00 – Tenant breakdown: business travelers, relocation, and digital nomads
19:45 – Rise of renovation relocation and local stay trends
22:30 – Super agents and power users: Furnished Finder’s enterprise use case
24:30 – Jeff’s product roadmap and replatforming efforts
26:30 – 130% YoY growth in relocation booking requests
29:30 – Room count and pricing by bedroom type explained
34:00 – 10% of tenants are large families—how to meet that demand
37:00 – Extended stay hotels vs. MTR: the real comparison
40:00 – Life hacking with Furnished Finder and furniture savings
43:00 – Product philosophy vs. chasing shiny objects
47:00 – How private ownership shapes Furnished Finder’s decision-making
52:00 – Operators vs. entrepreneurs and solving real problems
54:00 – Advice to 20-year-old Jeff and early-career insights
59:00 – What’s next for Furnished Finder: messaging, sort order, and tools
CONNECT WITH THE GUEST
Website: https://www.furnishedfinder.com/
Linkedin: https://www.linkedin.com/in/jeff-hurst-atx/
MidtermRentals #FurnishedFinder #RealEstateInvesting #CorporateHousing #TemporaryHousing #InsuranceHousing #FurnishedRentals #MTRStrategy
Connect with me at https://experimentrealestate.com/connect
Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
In this insightful episode of In The Lab, we’re joined by Gabriel Wacker, Vice President of Sales and Marketing at Transitions Group—a vertically integrated firm providing solutions in corporate housing, furniture rental, and temporary accommodations. Gabriel has been a key player in the evolution of furnished housing since the early days of Oakwood and Marriott’s foray into corporate housing. His background spans decades of leadership at Executive Stay, Vicinity, and Furniture Options, positioning him as an authority on scalable housing solutions across the Midwest and beyond.
Through Gabriel’s lens, we explore the challenges and opportunities in temporary housing—from military and intern housing to large-scale insurance displacements. He unpacks the history of corporate housing, including Oakwood’s rise and exit, and reveals how today’s midterm rental operators can scale by leveraging supplier networks, CHPA partnerships, and match leases. Gabriel explains how controlling logistics, furniture, and housing—without owning property—can unlock cash flow, using real-world examples of 100+ unit contracts built on strategic relationships.
If you’re looking to scale your rental operation, tap into legacy networks, or grow through strategic partnerships without owning property, this episode is for you. Tune in now to learn how Gabriel built a vertically integrated platform, secured complex 100+ unit contracts, and unlocked cash flow—one strategic relationship at a time.
HIGHLIGHTS OF THE EPISODE:
21:22 Gabriel talks about having a realistic path to scaling
41:53 Gabriel talks about how insurance housing fits into their business model
KEEPING IT REAL:
07:00 – Differences between midterm rental and corporate housing terminology
10:05 – Why corporate housing began in multifamily apartments
11:45 – The scale and strategy behind Oakwood’s 15,000+ units
13:33 – How Oakwood and Marriott transitioned executive housing brands
16:00 – The journey from Executive Stay to Transitions Group
20:48 – A realistic path for operators scaling from 5 to 100+ units
24:00 – Unlocking growth with furniture rental as a scaling strategy
27:01 – Intern housing, FEMA, and other complex housing projects
29:00 – How Transitions Group partners and bids on major housing contracts
32:00 – Logistics and warehousing behind 100+ furnished unit deployments
34:00 – How pricing and net terms are structured with corporate clients
36:00 – The origin story of Furniture Options and its corporate housing pivot
40:00 – What’s ahead: volatility, post-COVID trends, and the new normal
42:30 – Insurance housing’s place in the midterm rental strategy
47:00 – How CHPA supplier networks drive collaboration and opportunity
50:30 – Franchising, licensing, and the Marriott model for revenue sharing
54:02 – Final advice: mentorship, partnerships, and playing the long game
CONNECT WITH THE GUEST
Website: https://www.transitionsgroup.net/
Linkedin: https://www.linkedin.com/in/gabrielwacker/
CorporateHousing #MidtermRentals #InsuranceHousing #CHPA #RealEstateScale #TemporaryHousing #FurnishedRentals #HospitalityBusiness
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
In this energizing and introspective episode of In The Lab, Ruben sits down with Corey Ryan Bevilacqua and Cory Jacobson, co-founders of the Wealth Juice brand and podcast. These two long-time friends and partners share their inspiring journey from college roommates to building a real estate portfolio, launching a top-performing media platform, and now mentoring others on the path to financial freedom.
Corey and Cory pull back the curtain on how documenting their real estate journey in real time—not after reaching the mountaintop—opened unexpected doors and landed them interviews with Brandon Turner, David Greene, and other major figures. They reveal how starting with just a few properties and staying radically consistent for five years helped them grow a real estate and education business that is now scaling toward seven figures.
The conversation touches on key topics like navigating the 9-to-5 while building your dream, managing partnership dynamics with trust and clarity, and why mentorship, room selection, and mindset are the true multipliers. Ruben, Corey, and Cory also explore how reverse charisma and deep curiosity have helped them grow their influence by amplifying others—an underrated skill in business and life.
If you're building something from scratch, struggling with impostor syndrome, or dreaming of turning your passion into a full-time pursuit, this episode is a playbook for showing up, building intentionally, and trusting the long game. Tune in now to learn how Corey and Cory built momentum, overcame self-doubt, and turned a simple idea into a real estate and media brand with lasting impact.
HIGHLIGHTS OF THE EPISODE:
20:47 Cory talks about the value of finding people that are on the same path.
33:40 Ryan talks about reverse charisma and making others feel good, heard, and seen.
KEEPING IT REAL:
06:36 – From college friendship to real estate and brand building
11:53 – Impostor syndrome and documenting the journey in real time
17:04 – Getting in the right rooms and the power of proximity
23:45 – Reverse charisma and building trust through curiosity
30:58 – Navigating W2 life while scaling a business
38:56 – Full-time entrepreneurship and redefining success
47:00 – Scaling mentorship through ads, systems, and intention
1:05:20 – Legacy, gratitude, and building something worth remembering
1:07:30 – The power of partnership, trust, and showing up for each other
1:14:06 – Paradigm shifts from being in the right rooms
1:25:00 – Final thoughts, legacy goals, and where to find the Wealth Juice team
CONNECT WITH THE GUEST
Website: https://start.juice-enterprises.com/home
Instagram: https://www.instagram.com/wealthjuiceofficial/#
Youtube: https://www.youtube.com/@wealthjuiceofficial
MicroResorts #ExperientialHospitality #VisionaryLeadership #RealEstateDevelopment #ShortTermRentals #STRtoResorts #MindsetMatters #BuildWithPurpose
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprintIn this immersive episode of In The Lab, Ruben sits down with Melissa Darnay, founder of Choose Panama and host of The Panama Podcast. Melissa shares her remarkable story of turning personal tragedy into purpose by relocating to Panama and building a thriving real estate and hospitality business. What started as a leap of faith became a decade-plus journey of entrepreneurship, lifestyle freedom, and helping hundreds of expats find their own piece of paradise.
Melissa reveals the practical and financial benefits of living in Panama—from 50% lower living costs to property tax exemptions and affordable beachfront real estate. She breaks down residency options, cultural differences, and how her vertically integrated business helps newcomers transition smoothly through real estate, rentals, and concierge services. Ruben and Melissa also explore mindset, manifestation, and how building a life abroad is both a financial and personal evolution.
If you’re looking to design a lifestyle of freedom, explore international real estate, or discover what’s possible beyond U.S. borders, this episode is your invitation. Tune in now to learn how Melissa built a 40+ unit short-term rental business, developed a powerful expat network, and created a life by design—one bold decision at a time.
HIGHLIGHTS OF THE EPISODE:
08:59 Melissa talks about the “richness of life in Panama
48:19 Melissa talks about breaking down hard things to make them easier to deal with
KEEPING IT REAL:
05:00 – How grief and change led to a new life abroad
10:08 – What “richness of life” means in Panama
13:16 – How far your dollar goes: real estate, insurance, and cost of living
20:05 – 50% cost savings and comparison with Dallas & Miami
22:05 – Real estate journey and early education
26:03 – Transitioning into Panama real estate and finding her niche
29:16 – Using vacation rentals to help expats experience Panama
32:02 – How to buy property or establish residency in Panama
36:20 – Building a property management and STR business from scratch
40:43 – Why concierge services matter for expats
43:04 – Learning through mistakes and building a team
47:00 – Navigating culture and building a high-end brand abroad
48:44 – Melissa’s mindset on grit, problem solving, and manifestation
53:11 – Choose Panama’s vertical integration: buy, manage, rent, repeat
54:04 – The Panama Podcast: content formats and funnel strategy
59:06 – Sneak peek at virtual reality tour experience launching soon
1:01:16 – Final thoughts on taking your life and talents overseas
CONNECT WITH THE GUEST
Website: https://www.choosepanama.com/
Linkedin: https://www.linkedin.com/in/melissadarnay/?originalSubdomain=pa
Instagram:https://www.instagram.com/melissadarnayuncorked/
ChoosePanama #ExpatsInPanama #InternationalRealEstate #LifestyleDesign #ShortTermRentals #RealEstateInvesting #LiveAbroad
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
In this inspiring episode of In The Lab, we're joined by Brian Hatcher, founder and CEO of Hatch Capital, and Aaron Appleton, his trusted partner in Hatch Capital property management and founder of Mirror Haus Collection micro resort. Together they’ve moved from managing short-term rentals to curating branded micro resort experiences— both collectively and individually building their own respective brands Orenda by Brian Hatcher and Mirror Haus Collection Hauss by Aaron Appleton.
Brian Hatcher is the founder and CEO of Hatch Capital, a real estate investment and consulting firm focused on experiential hospitality and lifestyle-based asset creation. Brian started in the real estate space by house hacking and building data-driven systems that evolved into a vertically integrated business as seen in our previous episode Real Estate Hacking: Serial House Hacker to Developer. Now, he leads development efforts on branded micro resorts designed to deliver intentional guest experiences and long-term value.
Aaron Appleton is the Founder/CEO - Mirror Haus Collection, a real estate entrepreneur, strategic operator, and creative mind behind several real estate ventures. He has a background in short-term rental management and is now spearheading operations, team culture, and design strategy for the duo’s micro resort developments. Aaron brings a strong emphasis on intentionality, vision, and brand alignment to every aspect of their projects, pushing the limits of what hospitality can look and feel like.
In this episode, we dive deep into the power of vision, mindset, and aligned partnerships. Brian and Aaron share how their journey began with managing short-term rentals and evolved into developing bespoke micro resort experiences that serve both investors and guests. The conversation highlights how vision clarity, execution discipline, and long-term alignment create meaningful and sustainable business models.
We explore the mindset shifts required to level up in real estate—from chasing cash flow to building brand equity and hospitality that lasts. Ruben, Brian, and Aaron also reflect on personal growth, the impact of mentorship, and why leaders must be intentional with their direction, community, and legacy.
HIGHLIGHTS OF THE EPISODE:
20:42 Brian talks about having a vision as an important part of leadership
24:38 Aaron talks about redirection.
KEEPING IT REAL:
04:00 – Presence, mindset, and living where your feet are
05:00 – Knowing who you are vs. who you're not
07:00 – Avoiding goal paralysis by letting go of the “how”
09:30 – Defining a clear vision and creating from intentionality
11:00 – Visualization and the neuroscience of future-building
14:00 – Breaking free from society’s agenda and asking what you want
16:20 – Core values: Health, wealth, love, and happiness
18:50 – The balance between manifestation and doing the work
20:10 – Levels of leadership and visionary communication
22:00 – Blocking out noise to stay on mission
23:40 – Redirecting vs. exiting: Knowing the difference
26:00 – Why micro resorts are the next evolution beyond STRs
30:30 – Building irreplicable hospitality brands
33:00 – The global vision for boutique experiential stays
36:00 – Success clues, mentorship, and modeling behaviors
38:00 – Giving flowers, building community, and reflecting legacy
CONNECT WITH THE GUEST
Brian
Website: https://hatch-capital.com/
Linkedin: https://www.linkedin.com/in/brian-hatcher-82034450/
Instagram: https://www.instagram.com/hatch_capital/
Aaron
Website: https://hatch-capital.com/
Linkedin: https://www.linkedin.com/in/aaron-appleton-86228323b/
MicroResorts #ExperientialHospitality #VisionaryLeadership #RealEstateDevelopment #ShortTermRentals #STRtoResorts #MindsetMatters #BuildWithPurpose
Want to work with me and learn the power of Mid-Term Rentals Insurance?https://experimentrealestate.com/submit
Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
In this game-changing episode of In The Lab, Ruben links up with serial house hacker and investor and close friend Brian Hatcher to unpack the real estate cheat codes most people overlook. From their San Diego yacht-side conversation to boots-on-the-ground investing plays, this episode is packed with insider knowledge on how to hack your way into wealth without cutting corners. Brian shares his real-world blueprint for finding properties with in-law units or ADUs, leveraging low down payment loans, and eliminating your biggest expense—housing.
Ruben and Brian also go deep on the importance of playing the long game, why real estate is the ultimate end goal for wealth parking, and how you can build a sustainable portfolio without quitting your 9-5. They break down strategies for short-term and midterm rentals, cover the realities of e-commerce “fake wins,” and reveal how to make clean, sleep-at-night plays that actually last and build a legacy.
If you’re tired of the flashy quick wins and want a real plan that builds wealth over time strategically, this is the blueprint episode you need. Tune in now to discover how to stack smart real estate plays, house hack your first (or next) deal, and build long-term financial freedom the clean way.
HIGHLIGHTS OF THE EPISODE:
06:28 Brian talks about why entrepreneurs will always come back to real estate
14:28 Brian talks about really helping people
KEEPING IT REAL:
02:00 - The blueprint that helped Ruben house hack his first property
03:45 - Finding single-family homes with ADUs and in-law suites
04:50 - Why house hacking beats multifamily for first-time buyers
06:00 - How to stack equity, appreciation, and cash flow legally
07:00 - Renting vs. real estate: What the wealthy do with their money
12:00 - What high earners and doctors are realizing about short-term rentals
12:45 - Cost segregation, taxes, and keeping more of what you earn
15:00 - Credit hacking vs. credit literacy: What's ethical and what's not
17:00 - The myth of $100k months in e-comm and what gets left out
18:30 - Scaling from house hacks to short-term rentals and resorts
Connect with Brian:
Website: https://hatch-capital.com/
HouseHacking #ADUInvesting #ShortTermRentals #FinancialFreedom #RealEstateHacks #PassiveIncome #CleanPlaysOnly
In this eye-opening episode of In The Lab, Ruben sits down with public adjuster Andy Gurczak of All City Adjusting for a second time to unpack the misunderstood world of insurance claims and temporary housing. Andy explains why most homeowners and investors are at a major disadvantage when filing insurance claims and how public adjusters can help recover tens of thousands of dollars more—often without the property owner having to lift a finger. Ruben and Andy walk through the lifecycle of a claim, the different players involved (staff adjusters vs. CAT adjusters vs. public adjusters), and how midterm rental operators can better serve displaced families by understanding Coverage D and building stronger relationships with adjusters, agents, and vendors.
You’ll learn why calling the insurance company first could cost you, how to shift deductibles strategically, and how to frame your housing proposals so they actually get approved. Andy also reveals how his team inventories personal property for families after a fire and why personal property often becomes the biggest overlooked payout opportunity.
If you’re in real estate—especially the midterm rental or insurance housing space—this is a must-listen conversation that could dramatically change how you approach claims and partnerships. Tune in now to learn how to build trust with adjusters, navigate insurance timelines, and position yourself as the go-to housing solution.
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
HIGHLIGHTS OF THE EPISODE:
08:59 Andy talks about calling a public adjuster first before talking to your insurance company.
29:59 Andy talks about why you should choose the home instead of the hotel.
KEEPING IT REAL:
05:00 - What a public adjuster does and how they get paid
10:45 - Why you should never call your insurance company first
14:00 - The difference between staff adjusters vs. CAT adjusters
18:30 - Adjuster motivations: bonuses, overwhelm, and bias
22:00 - Understanding Coverage D and relocation budgets
28:30 - Can relocation funds be extended or shifted?
32:00 - Should families stay in hotels or homes?
36:20 - How to build relationships with public adjusters and agents
44:00 - How PA services help investors inventory personal property
54:00 - How to speed up proposal approvals with adjusters
CONNECT WITH THE GUEST
Website: https://allcityadjusting.com/
Linkedin: https://www.linkedin.com/in/andy-gurczak-528b9b64/
Facebook: https://www.facebook.com/allcityadjusting/
PublicAdjuster #InsuranceClaims #CoverageD #MidtermRentals #TemporaryHousing #RealEstateInvesting #PolicyholderAdvocacy
Want to work with me and learn the power of Mid-Term Rentals Insurance? https://experimentrealestate.com/submitGet the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint In this high-energy behind-the-scenes episode of In The Lab, Ruben and Vivian sit down to unpack the real wins, surprises, and life-changing conversations that happened before, during, and after their sold-out MTR event in San Diego. From laughter to legacy, they reflect on the power of collaboration, the emotional feedback from attendees, and the unexpected impact of simply showing up in the room. They also break down what went right, what could be better, and how the event has inspired even bigger plans—including international retreats and future workshop-style summits.This episode is a front-row seat to what it really takes to build community, plan memorable experiences, and maintain momentum after a successful event. Ruben and Vivian open up about parenting while building businesses, staying grounded with AI tools, and their shared immigrant values that fuel their work ethic. They share the unfiltered wins, from a surprise $1,000 donation to the LA Fire Department to attendees booking last-minute flights just to be in the room.If you’re looking to host your own event, level up your network, or simply get inspired to turn impact into action, this conversation is a masterclass in keeping it real while building big. Tune in now to catch the spark, laugh along, and get a glimpse into what’s coming next.KEEPING IT REAL:05:30 - Immigrant communication styles and empathy in business13:45 - Reflections on the event turnout and ticket sales16:00 - Event planning challenges and team contributions18:30 - Ideal event size, feedback, and vision for future meetups24:00 - MTR bootcamp and insurance housing pitch27:00 - Life-changing relationships born from the event31:30 - Next year’s MTR Summit changes and potential rebrand34:00 - Technical issues, sandwiches, and Gen Z slang explained36:00 - Should the MTR meetup go national or quarterly?42:00 - STR vs MTR: Breaking down the difference46:00 - Vivian’s global connections and superpower as a connector49:00 - Workshop format ideas and role-playing B2B outreach52:00 - International MTR experiences and the “foodnominal” concept57:00 - Las Vegas vision: work first, then experience59:00 - Post-event follow-up plans and future directions #MidtermRentals #EventStrategy #RealEstateNetworking #RentalCommunity #CollaborationOverCompetition
Want to work with me and learn the power of Mid-Term Rentals Insurance? https://experimentrealestate.com/submit
Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
Welcome to the lab. Today, we're joined by Linda Holtz, a multifamily investor and property management expert who immigrated to the U.S. With over a decade of experience in property management, Linda learned the ins and outs of running efficient, profitable properties—until one powerful question changed everything: why manage properties for others when she could own them herself?
In this episode, Linda shares her path from employee to investor, revealing the mindset shifts, skills, and systems that helped her scale from her first property purchase in 2020 to building a robust portfolio. She discusses lessons from her early mistakes, the importance of thinking like an operator, and why emotions can be the biggest liability in real estate. With practical advice on partnerships, asset management, and investor education, Linda pulls back the curtain on what it really takes to succeed in multifamily investing.
If you’re a property manager looking to transition into ownership or an investor who wants to run leaner, smarter operations, this episode is packed with takeaways you can implement immediately. Tune in now to hear Linda’s journey, and leave equipped to own your next opportunity.
HIGHLIGHTS OF THE EPISODE:
17:54 Linda talks about having discipline in one’s journey of entrepreneurship.
21:24 Linda talks about transitioning to become a business owner.
KEEPING IT REAL:
07:14 – From property manager to property owner
11:39 – Lessons learned from the first investment property
17:28 – Managing emotions and expectations in multifamily
23:02 – Scaling with partners and thinking like an operator
29:49 – Biggest myths and realities in multifamily investing
36:58 – Systems, mindset, and building a long-term vision
44:38 – Advice to new investors
51:12 – The importance of mentorship and surrounding yourself with experts
58:45 – Navigating market volatility and investment strategies
01:06:20 – Leveraging technology and AI in property management
01:13:55 – Future outlook: opportunities in multifamily and commercial sectors
01:22:29 – We are OUT!!!
CONNECT WITH THE GUEST
Website: https://married2realestate.com/home#section-_VBI9eii5g
Linkedin: https://www.linkedin.com/in/linda-holtz-1493495a/?locale=en_US
Instagram: https://www.instagram.com/m2retx/
MultifamilyInvesting #PropertyManagement #RealEstateStrategy #InvestorMindset #WomenInvestors
Want to work with me and learn the power of Mid-Term Rentals Insurance? https://experimentrealestate.com/submit
Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
In this eye opening episode of In The Lab, Ruben unpacks the hidden truths behind what it really takes to succeed—across life, business, and real estate. Drawing parallels between biotech innovation, basketball shooting averages, Airbnb crisis management, and entrepreneurial mindsets, he reveals a powerful framework: success isn’t a straight path—it’s earned through failure, structure, and service.
Ruben shares a deeply personal reflection on why most people quit too early, and how embracing the “fail forward” principle—combined with white-glove hospitality and decision-making systems—can create outsized rewards. He emphasizes how real transformation happens before the result shows up, and why your job isn’t to avoid problems, but to address them with speed, empathy, and professionalism.
Whether you’re an Airbnb host, a corporate operator, or just navigating your own “lab,” this episode will give you the reset you didn’t know you needed. Tune in now to reframe your setbacks, build structure, and serve at a level that guarantees repeat business and long-term wins.
FailForward #ShortTermRentals #MidTermRentals #RealEstateSuccess #HospitalityBusiness #OperatorMindset #BusinessResilience
Want to work with me and learn the power of Mid-Term Rentals Insurance? https://experimentrealestate.com/submit
Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
In this expansive and thought-provoking episode of In The Lab, Ruben breaks down a powerful concept that’s shifting the way high-level operators grow: owning less, but earning more through collaboration. Drawing from real-time projects, events, and conversations inside the Experiment Nation community, Ruben explores the idea of building a business model that grows through shared success rather than isolated competition.
Ruben shares how applying this mindset — whether through partnerships, teams, or infrastructure — has opened up new levels of leverage, fulfillment, and scale. He also unpacks how nature reflects this same principle, from seed-to-tree metaphors to ecosystems that thrive through interconnected growth. With examples ranging from Jeff Bezos to everyday operators in the midterm rental game, this episode is a challenge to zoom out, think abundantly, and ask: what if your piece of the pie didn’t have to be the biggest, just part of something massive?
If you’re ready to expand your reach, build something that lasts, and explore what’s possible when you grow alongside others — this episode is for you. Tune in now and discover the power of scaling through shared success.
CollaborationOverCompetition #ThinkBigger #EntrepreneurMindset #ScaleYourBusiness #MidtermRentals #AbundanceMindset
Want to work with me and learn the power of Mid-Term Rentals Insurance? https://experimentrealestate.com/submit
Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
In this reflective and action-driven episode of In The Lab, Ruben dives into a transformative concept that has fueled much of his growth: the power of one-to-many. By unpacking this principle, Ruben reveals how leveraging single actions to create exponential impact can unlock the next level of growth in your business and life. Through personal examples from real estate, community building, and content creation, he demonstrates how this principle is not just a strategy, but a mindset shift that accelerates results.
Ruben shares why one-to-many isn’t just about business models but about leverage across every area of life. From relationships with relocation specialists to midterm rental strategies, from masterminds to meetups, and even down to content distribution—Ruben illustrates how you can multiply your efforts without multiplying your workload. Drawing parallels to nature’s own systems and leveraging insights from mentors and personal experiments, this episode will help you rethink how you’re spending your time and energy.
If you’re looking to break free from the one-to-one grind and start building systems that scale effortlessly, this episode is your roadmap. Tune in now to learn how to identify your own one-to-many opportunities, amplify your impact, and accelerate your journey to sustainable growth.
You can check out more of our content here: https://bit.ly/3h40ykkThanks for Watching! There’s only one thing left to do, Let’s build!
OneToMany #Leverage #ScaleYourBusiness #MidtermRentals #EntrepreneurMindset #ExperimentNation #BusinessGrowth #CompoundEffect
Want to work with me and learn the power of Mid-Term Rentals Insurance? https://experimentrealestate.com/submitGet the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
In this reflective and action-driven episode of In The Lab, Ruben delves into the journey of achieving mastery—highlighting the hidden phase most people overlook: the “unknown unknowns.” Drawing from personal experiences, mentorship, and timeless truths, Ruben outlines the true roadmap behind long-term success, unpacking the layers of persistence, experimentation, and compound growth required to break through.
Ruben shares how mastery is less about tactics and more about staying the course through setbacks, learning from mistakes, and compounding skill sets over time. He breaks down the gap between optimism at the start of any venture and the often painful—but essential—process of trial and error that follows. With real examples from the short-term and mid-term rental world, and frameworks borrowed from industry leaders like Alex Hormozi, this episode delivers a grounded and empowering reminder: success is not instant, but it is inevitable when you stick with the process.
If you’ve been wondering whether you’re still on the right path, or if the hard work is ever going to pay off—this episode is the clarity and encouragement you need to keep going. Tune in now to recalibrate, realign, and recommit to your long-term vision.
AchievingMastery #CompoundEffect #RealEstateJourney #StayTheCourse
Want to work with me and learn the power of Mid-Term Rentals Insurance? https://experimentrealestate.com/submitGet the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint Welcome to the lab! Today, we are joined by Zach Lemaster, the founder and CEO of Rent To Retirement, the nation's leading turnkey investment company. Zach is a seasoned real estate investor, licensed broker, and former US Air Force Captain, who transitioned from a career in optometry to building a multimillion-dollar real estate portfolio. His expertise spans single-family, multifamily, commercial, and new construction investments. Zach started investing while working as an optometrist and quickly realized that his local market wasn’t providing the best opportunities for building long-term wealth. This led him to explore out-of-state investing, a move that dramatically accelerated his portfolio growth. However, he found that many investors struggled with identifying the right markets, building reliable teams, and securing financing—challenges that inspired him to create Rent To Retirement. His company now helps investors overcome these barriers by providing turnkey investment opportunities in high-growth markets, complete with expert guidance and strategic financing options.
In this episode, Zach breaks down the key fundamentals of real estate investing, emphasizing the importance of consistency, market selection, and long-term wealth-building strategies. He shares how investors can tap into high-growth markets and acquire properties below market value through exclusive partnerships with national builders. Zach also reveals powerful financing options—including 5% down investor loans—that allow investors to accelerate growth while maintaining cash flow. Zach explains why investing in the right market is more important than just chasing cash flow and how equity, appreciation, and tax benefits play a critical role in achieving financial independence. He also walks us through real-life case studies of investors using turnkey properties, cost segregation, and strategic debt to optimize returns.
If you want to maximize your real estate investments, reduce risk, and scale your portfolio faster, this episode is packed with insights that can change the game for you.
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
HIGHLIGHTS OF THE EPISODE:
22:44 Zach talks about dealing with analysis paralysis
24:13 Zach talks about maximizing tax advantages
KEEPING IT REAL:
06:18 - The power of consistency in real estate investing
09:09 - How to overcome analysis paralysis
16:19 - Why choosing the right market is crucial for long-term success
22:29 - The hockey stick effect and when to expect real wealth growth
27:02 - 5% down financing strategy for scaling your portfolio faster
32:48 - Hidden tax advantages that can accelerate your wealth
40:13 - Maximize incentives and build instant equity when buying real estate
46:23 - Key metrics Zach uses to identify profitable markets
54:00 - Building a community and leveraging mentorship for success
1:07:45 - We are OUT!!!
CONNECT WITH THE GUEST
Website: https://www.renttoretirement.com/
Linkedin: https://www.linkedin.com/in/zach-lemaster-7b1530238/
Instagram: https://www.instagram.com/renttoretirementinvest/
Youtube: https://www.youtube.com/c/RentToRetirement/featured
RealEstateInvesting #TurnkeyInvesting #MarketAnalysis #CashFlow #WealthBuilding
Want to work with me and learn the power of Mid-Term Rentals Insurance? https://experimentrealestate.com/submit
Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
In this powerful episode of In The Lab, Ruben breaks down a game-changing concept that can unlock doors, accelerate your success, and remove unnecessary roadblocks— by simply “asking anyway”. He shares real-world case studies of how just one question, even in the face of doubt or rejection, has led to major breakthroughs in business, funding, and negotiations. Whether it’s landing a deal, securing better financial terms, or navigating obstacles in real estate, Ruben reveals why asking anyway is an underrated yet crucial skill that can transform your results.
Ruben highlights the importance of persistence, pushing past limiting beliefs, and refusing to accept a single ‘no’ as the final answer. He explains how high achievers use this principle to gain access, negotiate better deals, and create opportunities where none seemed to exist. From financing strategies to real estate negotiations and scaling businesses, this episode is filled with actionable insights that will challenge you to rethink your approach to problem-solving and success.
If you've ever hesitated to ask for something that could move your business or life forward, this episode is for you. Tune in now to learn how to master the art of asking anyway and start unlocking new possibilities today!
AskAnyway #SuccessMindset #NegotiationTips #EntrepreneurMindset #GameChanger
Want to work with me and learn the power of Mid-Term Rentals Insurance? https://experimentrealestate.com/submit
Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
Welcome to the lab. Today, we're joined by Brandon Elliott, the founder of Credit Counsel Elite, where he teaches business owners and real estate investors how to access up to $500,000 in business credit at 0% interest every six months. Brandon’s journey is one of resilience—after facing major setbacks early in life, he turned those challenges into fuel, building a $3.5 million net worth through strategic credit and real estate investing. Featured in Yahoo Finance’s Top 100, Brandon is proof that leveraging the right financial tools can transform lives.
In this episode, Brandon breaks down how to fix, build, and leverage credit to unlock massive funding and scale investments. He explains the power of business credit—why it’s different from personal credit, how banks evaluate borrowers, and how to use it to acquire real estate, fund business growth, and maximize cash flow. Brandon shares insider tips on removing hard inquiries, boosting credit scores within 30 days, and structuring applications for the highest approval odds. He also reveals the most common credit mistakes that cost investors thousands and how to avoid them.
If you want to eliminate bad debt, optimize your credit profile, and unlock six figures in capital for real estate or business ventures, this episode is for you. Tune in now to learn how to think like a bank, become your own lender, and build long-term wealth through strategic credit leverage.
HIGHLIGHTS OF THE EPISODE:
22:44 Brandon talks about business credit vs personal credit
37:05 Brandon talks about making sure you have good debt.
KEEPING IT REAL:
06:18 - Fixing your credit first is critical (even for 800+ credit scores)
09:09 - How to get $500K in business credit
16:19 - Banks view high credit inquiries as a red flag
22:29 - Good debt vs. bad debt
27:02 - Business credit vs. personal credit
32:48 - Leveraging credit for real estate investments and scaling
40:13 - The hidden costs of bad credit
46:23 - Become your own bank using credit and life insurance
54:00 - The importance of mentorship and surrounding yourself with experts
58:54 - We are OUT!!!
CONNECT WITH THE GUEST
Website: https://creditcounselelite.com/
Linkedin: https://www.linkedin.com/in/brandon-elliott-6b1643148/
Instagram: https://www.instagram.com/brandonelliottinvestments/?hl=en
Youtube: https://www.youtube.com/channel/UCShy24LfKaYROZNXekFt2CA/playlists
BusinessCredit #RealEstateInvesting #CreditHacks #WealthBuilding #entrepreneurmindset
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprintWelcome to the lab. Today, we’re joined by Kendal Cann, a financial expert dedicated to educating families and entrepreneurs on building wealth and securing their financial futures. Growing up immersed in the financial industry, Kendal developed a deep understanding of budgeting, investing, and wealth preservation from an early age. She became a fully licensed financial professional before the age of 23 and has since focused on helping high earners and entrepreneurs align their personal and business financial strategies for long-term success.
In this episode, Kendal breaks down the key pillars of financial defense—budgeting, cutting unnecessary expenses, and making smarter spending decisions—to help individuals avoid common money pitfalls. She shares how consumerism and subscription-based spending habits quietly eat away at wealth, and why tracking and optimizing spending is the first step toward financial stability. Kendal also dives into the importance of strategic investing, highlighting the power of Roth 401(k)s, HSAs, and real estate as essential tools for long-term wealth creation. She explains how understanding your financial foundation can help you avoid being "house poor" and why many Americans are unknowingly living paycheck to paycheck, regardless of income level.
If you want to stop leaking money, make smarter investments, and create a financial game plan that actually works, this episode is for you. Tune in now to learn how to take control of your finances, optimize your investments, and build long-term wealth.
HIGHLIGHTS OF THE EPISODE:
18:12 Kendal talks about the era of the subscription model
52:49 Kendal talks about social media and spending habits
KEEPING IT REAL:
06:21 - Early exposure to finance
07:54 - Financial literacy from childhood and real-world experiences
10:28 - The impact of consumerism on financial health
14:52 - Subscription models are draining finances
22:16 - Financial boundaries for food, subscriptions, and lifestyle spending
27:49 - Financial classes and how income is distributed
30:11 - Homeownership can be a financial trap if done incorrectly
32:57 - How social media influences spending
46:21 - The impact of financial habits on long-term wealth accumulation
48:00 - Key financial habits of successful individuals and couples
50:36 - The importance of financial transparency in relationships
54:23 - Conversations you should be having with your parents about money
1:02:04 - Investing strategies: Roth 401k, HSA, and compound growth
1:06:03 - How to use an HSA as a tax-free retirement tool
1:10:19 - Managing personal and household finances before investing
1:16:28 - Renting vs. buying
1:20:45 - The importance of financial education and self-learning in 2025
1:22:26 - Final thoughts and key takeaways for financial success
1:25:19 - We are OUT!!!
CONNECT WITH THE GUEST
Website: https://privilegedplanning.com/
Linkedin: https://www.linkedin.com/in/kendalcann/
Instagram: https://www.instagram.com/kendal.cann/?hl=en
Facebook: https://www.facebook.com/KendalCann/
Tiktok: https://www.tiktok.com/@kendal.cann
Linktree:https://linktr.ee/Kendal.cann
FinancialFreedom #WealthBuilding #MoneyManagement #PersonalFinance #RealEstateInvesting
Want to work with me and learn the power of Mid-Term Rentals Insurance? https://experimentrealestate.com/submitGet the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprintIn this transformative episode of In The Lab, Ruben explores the undeniable impact of proximity—who you surround yourself with and how it directly influences your success. He breaks down why being in the right rooms, around the right people, and absorbing the right belief systems can be the ultimate game-changer in achieving your goals. Through personal experiences and powerful insights, Ruben shares why proximity is more than just networking—it’s about aligning yourself with those who have the results you aspire to have.
Ruben discusses the importance of having a mentor, borrowing belief systems, and calibrating your internal GPS toward success. He explains why being in the right environment, much like a sponge absorbing its surroundings, can shift your mindset, accelerate your learning, and remove self-imposed limitations. Ruben also shares practical strategies on how to identify, connect with, and learn from the people who are already where you want to be.
If you're serious about leveling up in 2025, this episode is packed with actionable advice to help you make smarter choices about who you spend time with and how to leverage those relationships for massive growth.
Tune in now to learn how to get in proximity to the right people, shift your mindset, and position yourself for the success you deserve!
PowerOfProximity #SuccessBlueprint #MentorshipMatters #LevelUp #SurroundYourselfWithWinners
Welcome to the lab. Today, we have Alessandro Chesser, CEO of GetDynasty, a company revolutionizing estate planning and asset protection by digitizing the trust creation process. Alessandro brings a wealth of experience from his background in finance, tech, and sales, including scaling a startup to an $8 billion valuation. His expertise spans credit analysis, strategic planning, and digital transformation—key elements he’s now applying to make trusts more accessible, affordable, and seamless for investors and everyday Americans.
In this episode, Alessandro shares his journey from leading sales at a high-growth startup to identifying a major inefficiency in the estate planning space. He explains why traditional trust creation is outdated, expensive, and overly complex—and how GetDynasty is removing friction by allowing users to create a legally valid trust in minutes. Alessandro also dives into the major benefits of having a trust, including avoiding probate, asset protection, privacy, and tax advantages, and clears up common misconceptions about revocable vs. irrevocable trusts. He discusses how digital solutions are changing the estate planning landscape and why investors, in particular, should prioritize trust formation sooner rather than later.
If you’ve been putting off creating a trust because of the cost, time, or legal barriers, this episode will show you how easy it can be. Tune in now to learn how to protect your assets, streamline estate planning, and secure your financial future with a trust.
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
HIGHLIGHTS OF THE EPISODE:
17:18 Alessandro talks about primary use cases for trust.
33:08 Alessandro talks about using asset protection strategies
KEEPING IT REAL:
06:04 - The biggest problem GetDynasty is solving
12:13 - Traditional trust creation is outdated and expensive
17:14 - The four main benefits of having a trust
25:03 - GetDynasty makes trust creation free, fast, and digital
33:34 - Asset protection strategies for real estate investors
40:06 - How a trust keeps you off public records
45:56 - Who should have a trust and when to set one up
51:11 - We are OUT!!!
Trusts #AssetProtection #EstatePlanning #WealthPreservation #DigitalTrusts #RealEstateInvesting #FinancialFreedom
Want to work with me and learn the power of Mid-Term Rentals Insurance? https://experimentrealestate.com/submit
Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
Welcome to the lab. Today, we're thrilled to have Seth Bradley, a real estate securities attorney, fund manager, and Chief Legal Officer at Tribevest. With a background as a fund manager, lead sponsor, real estate broker, and startup executive, Seth has a deep understanding of capital raising, deal structuring, and compliance in commercial real estate. His passion lies in educating investors on how to legally and effectively raise capital, structure deals, and scale their portfolios.
In this insightful episode, Seth unpacks the nuances of raising capital the right way, the importance of securities compliance, and the power of fund structures in real estate. He shares how he transitioned from being a real estate attorney working on syndications to actively raising capital himself—leveraging his expertise to grow a portfolio that scaled to $120 million in acquisitions in 2022 alone. Seth explains why most people raising capital are doing it wrong, the legal pitfalls of co-GP models, and why fund-of-funds structures are becoming the go-to model for capital raisers. He also covers the importance of authority, trust, and network when raising capital and how to structure deals in a way that benefits both the syndicator and the investors.
If you're looking to raise capital legally, scale your portfolio faster, and structure deals the right way, this episode is packed with must-know insights that can save you from legal trouble while maximizing your profits. Tune in now to learn how to legally raise capital, build a fund, and become an authority in your space!
HIGHLIGHTS OF THE EPISODE:
16:00 Seth talks about experimenting in real estate in order to find your niche
36:54 Seth talks about why you need grit, persistence and systems
KEEPING IT REAL:
11:50 - From house hacking to multifamily syndications
16:26 - Experimentation in real estate before niching down
22:33 - Why attorneys fail to leverage real estate investing
27:01 - First raise and early challenges
34:39 - Pillars of raising capital: Money, Trust, and Network
41:16 - Capital raising requires grit, persistence, and systems
47:43 - The co-GP model is NOT compliant
56:06 - Fund of funds: compliant capital raising for others
1:02:19 - How fund managers get compensated
1:09:06 - Best practices for structuring legal, scalable investment funds
1:17:39 - We are OUT!!!
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Thanks for Watching! There’s only one thing left to do, Let’s build!
RaisingCapital #FundOfFunds #RealEstateInvesting #Syndication #InvestorEducation #ScalingRealEstate
Want to work with me and learn the power of Mid-Term Rentals Insurance? https://experimentrealestate.com/submit
Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
In this reflective and action-driven episode of In The Lab, Ruben delves into the 10 proven principles that have shaped his journey and can help redefine yours. Drawing from personal experiences, mentorship, and timeless truths, Ruben outlines a roadmap for growth, clarity, and success as we navigate 2025. From the power of decision-making to the transformative nature of trusting the process, this episode is packed with actionable wisdom to help you conquer your goals and build momentum.
Ruben revisits key strategies, referencing concepts from the "12 Week Year" episode. He breaks down why focusing on short-term, high-impact goals can yield exponential results and why aligning your activities with your objectives is essential for sustainable growth. Ruben also emphasizes the importance of leveraging The Compound Effect, trusting proven processes, and becoming the person capable of achieving the desired outcomes.
This episode is a must-listen for anyone striving to make meaningful progress in their personal or professional life. Whether you’re an entrepreneur, investor, or someone aiming to redefine their goals, Ruben’s principles will inspire you to take action and build the life you desire.
Tune in now to learn how to implement these 10 proven principles, align your focus, and build the foundation for a successful 2025!
You can check out more of our content here: https://bit.ly/3h40ykk
FOLLOW ME ON:
Instagram: https://www.instagram.com/therealestateexperiment/
Facebook: https://web.facebook.com/therealestateexperiment/?_rdc=1&_rdr
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Linktree: https://linktr.ee/therealestateexperiment
Thanks for Watching! There’s only one thing left to do, Let’s build!
10Principles #GoalSetting #MomentumMatters #TrustTheProcess #SuccessIn2025
In this insightful episode of In The Lab, Ruben dives into the transformative concept of the "12 Week Year," inspired by the book by Brian P. Moran. Ruben highlights how breaking your annual goals into 12-week increments can help you maintain focus, create urgency, and drive consistent results. He explains how this approach shifts your mindset, trims the fat from your priorities, and leverages Parkinson’s Law to optimize productivity.
During the discussion, Ruben references episode 309, Redefining Your 2025 Era, where he introduced strategies for leveraging AI as a “cabinet of advisors” to guide your goal-setting and planning. Building on that foundation, this episode focuses on creating a 12-week framework to supercharge your results and redefine how you approach your goals in 2025.
Ruben shares how to reverse-engineer your long-term vision into actionable short-term milestones, ensuring every week counts toward achieving your goals. He emphasizes the importance of flexibility in planning, allowing for unexpected challenges while maintaining progress. By aligning your goals with metrics and accountability, you can create a repeatable framework for success.
This episode is packed with actionable insights on building momentum, staying intentional, and achieving clarity through concise goal-setting strategies. Whether you're a seasoned entrepreneur or just getting started, this episode equips you with the tools to redefine your approach to success in 2025.
Tune in now to learn how to accelerate your progress, maintain focus, and accomplish more in the next 12 weeks than most do in a year!
12WeekYear #GoalSetting #ProductivityTips #StrategicPlanning #SuccessBlueprint
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprintWelcome to the lab. Today, we’re thrilled to have Michelle Bryan, a trailblazing real estate investor and entrepreneur with an incredible track record of acquiring 19 properties in just 1.5 years using Other People’s Money (OPM). Michelle has raised millions from private lenders, flipped over 450 properties, and mastered the art of scaling portfolios while creating meaningful impact. As the founder of multiple companies, Michelle is committed to educating investors, building generational wealth, and providing housing solutions for communities in need.
In this insightful episode, Michelle shares her journey from corporate entrepreneur to a leader in mid-term rentals and private money lending. She reveals how leveraging relationships and impactful storytelling has helped her secure funding, scale her real estate portfolio, and build a network of trusted investors. Michelle also dives into her approach to pricing strategies, navigating challenges in the market, and providing win-win solutions for investors and tenants alike.
Whether you’re looking to grow your portfolio, raise private money, or create lasting impact in your community, this episode is packed with actionable advice to take your real estate journey to the next level.
Tune in now to learn how Michelle leverages private money, builds impactful relationships, and creates housing solutions while scaling her real estate portfolio!
HIGHLIGHTS OF THE EPISODE:
20:23 Michelle talks about why it’s important to join a mastermind
57:31 Michelle talks about leveraging other people’s money
KEEPING IT REAL:
00:05:48 - From corporate to flipping 450+ properties
00:14:25 - Leveraging relationships to scale real estate portfolios
00:20:00 - The role of private money
00:31:00 - Mid-term rentals’ role in providing housing solutions
00:40:10 - The power of storytelling to attract private investors
00:48:30 - Building impactful relationships with investors and partners
01:03:18 - Educating investors on leveraging equity and building legacy wealth
01:06:51 - Final thoughts and actionable advice
01:18:19 - We are OUT!!!
01:18:24 - Ad
CONNECT WITH THE GUEST
Website: https://mystorymichelle.com/home
Linkedin: https://www.linkedin.com/in/mystorymichelle/
Instagram: https://www.instagram.com/mystorymichelle/
Youtube: https://www.youtube.com/@mystorymichelle
PrivateMoneyLending #MidTermRentals #RealEstateInvesting #FinancialFreedom #BuildingImpact
Want to work with me and learn the power of Mid-Term Rentals Insurance? https://experimentrealestate.com/submit
Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
In this empowering episode of In The Lab, Ruben invites listeners to take control of their future by defining their personal and professional “era” for 2025. Ruben emphasizes the importance of aligning your strategy with the present day, avoiding outdated methods, and leveraging new tools like AI to stay ahead in today’s fast-paced world. He breaks down the key elements needed to make this your most productive and purpose-driven year yet, including reflection, intentional goal-setting, and strategic planning.
Ruben highlights how we’re living in the age of integrated intelligence, where tools like AI can act as a “cabinet of advisors,” offering tailored guidance based on your unique circumstances. He shares a powerful template for utilizing these tools, encouraging listeners to provide detailed input about their goals, financial position, and challenges to receive actionable insights. Beyond tools, Ruben underscores the importance of building brand equity, being intentional about the rooms you enter, and surrounding yourself with mentors and communities that align with your vision.
This episode is a call to action for anyone ready to make 2025 their defining era. It’s not just about reflection; it’s about execution. Whether you’re seeking to grow your business, improve your personal life, or simply gain clarity, Ruben equips you with the mindset and strategies to approach the new year with purpose and precision.
Tune in now to learn how to create clarity, leverage AI, and strategically design your 2025 era for unparalleled growth and success!
DefineYourEra #2025Goals #AIForSuccess #StrategicPlanning #BrandEquityMatters
Want to work with me and learn the power of Mid-Term Rentals Insurance? https://experimentrealestate.com/submit
Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
In this inspiring episode of The Real Estate Experiment, Ruben Kanya invites listeners to reflect, recharge, and realign their goals as the year winds down. Ruben emphasizes the importance of asking reflective questions like, "What worked well?" and "Where did I struggle?" He introduces powerful concepts like creating space for intentional thinking, leveraging proven strategies, and the role of mentorship in accelerating results. By aligning with mentors who’ve achieved success in your desired areas, you can borrow their belief systems, strategies, and insights to overcome obstacles and stay on track.
Ruben dives into the critical balance between perseverance and reevaluation, explaining how patience and the right blueprint lead to long-term success. He shares actionable tips on how to avoid "shiny object syndrome," make strategic decisions, and ensure your daily actions align with your long-term goals. This episode is packed with practical advice on utilizing AI tools for clarity, choosing the right mentors, and being intentional about your next steps. Whether you’re a real estate investor, entrepreneur, or simply seeking personal growth, this episode will empower you to reflect and refocus as you build toward success.
Tune in now to uncover how to create space for reflection, borrow proven strategies, and plan your next five moves with precision and purpose!
RealEstateSuccess #ReflectionAndAction #SuccessBlueprint #MentorshipMatters #GoalSettingTips
Want to work with me and learn the power of Mid-Term Rentals Insurance? https://experimentrealestate.com/submit
Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprintIn this empowering episode of The Real Estate Experiment, Ruben Kanya encourages listeners to become "thieves"—but not in the way you think. He introduces the concept of becoming a "thief of excellence," explaining how to emulate and borrow success strategies from mentors, coaches, and leaders in your desired field. Ruben emphasizes the importance of proximity—learning directly from those who are actively doing what you aspire to do—and how this can fast-track your journey to achieving your goals.
Ruben dives into the idea of adopting proven systems rather than reinventing the wheel. By finding mentors who align with your goals and modeling their blueprints, you can not only save time but also avoid costly mistakes. He provides actionable insights on how to identify the right mentor, borrow their belief systems, and apply their strategies while still remaining authentic to your unique self.
This episode also explores the power of community, guidance, and accountability in your success journey. Ruben breaks down the value of masterminds, why learning from others' experiences is invaluable, and how leveraging tested systems can accelerate your results. Whether you're in real estate investing,
entrepreneurship, or personal growth, this episode serves as a reminder that success leaves clues—and it's your job to follow them.
Tune in now to learn how to become a thief of excellence and apply proven strategies to your own experiments in the lab!
RealEstateSuccess #MentorshipMatters #SuccessBlueprint #ThiefOfExcellence #EntrepreneurMindset
Want to work with me and learn the power of Mid-Term Rentals Insurance? https://experimentrealestate.com/submit
Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
In this insightful episode of The Real Estate Experiment, Ruben Kanya dives deep into the world of strategic fee structures for mid-term rentals. Addressing a key challenge faced by operators, Ruben explains how to create a well-balanced pricing strategy that maximizes profitability while maintaining tenant satisfaction. By emphasizing the importance of breaking down fees into clear, justifiable line items, Ruben shares how you can align your pricing to meet the expectations of insurance companies, relocation specialists, and tenants alike.
Ruben walks listeners through crucial topics such as the distinction between refundable and non-refundable fees, the necessity of utility caps, and the importance of monthly cleaning fees for maintaining property conditions. With actionable insights on how to include pet rent, admin fees, and move-out fees, he lays out a comprehensive roadmap for operators to safeguard their investments while providing premium service. This episode also highlights the power of playing both "offense" and "defense" in the mid-term rental space by proactively anticipating potential risks and crafting solid proposals.
Listeners will gain valuable insights on how to navigate the mid-term rental insurance niche, effectively communicate with insurance adjusters, and create proposals that secure top-dollar contracts. Ruben’s experience and expertise shine through as he outlines strategies to ensure steady cash flow, protect against damage, and maintain tenant accountability—all while maintaining high occupancy rates.
Tune in now to learn how to fine-tune your mid-term rental pricing, optimize your profitability, and secure lucrative insurance contracts!
MidTermRentals #RentalPricingStrategy #RealEstateInvesting #InsuranceContracts #ProfitOptimization
Want to work with me and learn the power of Mid-Term Rentals Insurance? https://experimentrealestate.com/submitGet the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint In this motivational episode of "The Real Estate Experiment," Ruben Kanya dives deep into the importance of building momentum and making strategic decisions to maximize the remaining weeks of the year. With Q4 in full swing, Ruben emphasizes the value of staying focused, setting actionable goals, and taking advantage of end-of-year opportunities to gain an edge in 2025. Drawing inspiration from his own experiences and success strategies, he highlights why now is the time to double down while others ease up.
Ruben explores critical topics, including the power of decision-making, how to maintain confidence through understanding, and how to leverage community and mentorship for accelerated growth. He also introduces practical approaches like "momentum-based tasking" to help you achieve quick wins and stay on track with your larger objectives. By shifting your mindset and adopting key strategies, you can close the year strong and set the foundation for a thriving year ahead.
Listeners will gain insights on how to balance preparation, execute faster decisions, and establish systems that create long-term success. Ruben’s powerful reminders to stay proactive, embrace calculated risks, and invest in continuous learning make this episode a must-listen for any goal-oriented entrepreneur or investor.
Tune in now to make Q4 your most productive quarter yet and carry that momentum into the new year!
DecisionMaking #GoalSetting #RealEstateStrategy #MomentumMindset #Q4Momentum
Want to work with me and learn the power of Mid-Term Rentals Insurance? https://experimentrealestate.com/submitGet the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint In this insightful episode of "The Real Estate Experiment," Ruben Kanya takes listeners into the lab to break down the critical strategies for protecting midterm rental assets. Recognizing the distinct needs of tenants in this niche—particularly those placed by insurance companies—Ruben explains why traditional long-term rental practices might not suffice. With his expert guidance, you’ll learn how to ensure your properties are well-protected while maximizing profitability.
Ruben covers three essential layers of defense, from choosing the right insurance coverage to incorporating monthly cleaning fees and security deposits in your contracts. Each layer is designed to minimize risk and maintain the property’s value, especially when working with displaced policyholders and relocation companies. Ruben emphasizes the importance of proactive management, sharing how these strategies can prevent costly damages and ensure a smooth, profitable operation.
Listeners will also discover bonus tips for managing tenant relationships, handling security deposits, and setting up a cleaning schedule to monitor the property condition. Ruben’s hands-on approach, coupled with his detailed insights, makes this episode a must-listen for property investors looking to secure their investments in the midterm rental space.
Tune in now to learn how to effectively safeguard your rental properties and create a worry-free, profitable experience for both you and your tenants!
MidtermRentals #RentalProtection #RealEstateStrategy #TenantManagement #AssetProtection
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
Welcome to the lab. Today, we're thrilled to have K. Trevor Thompson, a seasoned real estate investor with extensive experience across 31 syndications—20 as a Limited Partner and 11 as a General Partner/Sponsor. Trevor’s journey began with a passion for real estate investing and a goal to help 1,000 people reach financial independence. Now serving as the VP of Investor Engagement at Massive Capital, Trevor is dedicated to creating a supportive community for investors, focusing on education, growth, and success.
In this insightful episode, K. Trevor Thompson unpacks his journey into real estate investing, where he began as a passive investor before moving to active roles in syndications. Trevor shares his path to financial freedom, offering advice on navigating the world of multifamily syndications, managing risk, and understanding passive versus active income. He emphasizes the importance of clear investment criteria, diligent education, and diversifying across asset classes to build a resilient portfolio. Trevor’s analogies, such as the “jockey, horse, and track,” illustrate his strategic approach to choosing partners and properties, while his breakdown of key investment metrics simplifies complex financial concepts. Trevor outlines the practical differences as an active investor vs passive investor through real estate, from selecting the right who running your deals to understanding the dynamics of syndications. Whether you’re a seasoned investor or new to the game, this episode offers valuable insights to help you make informed decisions on which kind of investing is right for you…active or true passive investing through a syndication.
HIGHLIGHTS OF THE EPISODE:
26:55 Trevor compares single-family homes vs multi family syndications
44:03 Trevor talks about diversification in real estate investing
KEEPING IT REAL:
05:48 - Obsession with multifamily investments
09:15 - Criteria for choosing deals (who, what, where)
14:25 - Goal to help 1,000 people achieve financial independence
22:58 - Passive investing and compounding returns
25:41 - Single-family homes vs multi family syndications
35:01 - Passive income from syndications vs active management
41:07 - From limited partner (LP) to general partner (GP)
47:25 - Benefits of diversification in real estate investments
50:00 - The jockey, the horse, and the track
55:35 - Realism in business plans and market analysis
1:00:02 - Importance of local knowledge in property management
1:01:45 - Who to invest with and the value of relationships
1:06:51 - We are OUT!!!
CONNECT WITH THE GUEST
Linkedin: https://www.linkedin.com/in/ktrevorthompson/
Instagram: https://www.instagram.com/ktrevorthompson/
Linktree: https://linktr.ee/ktrevorthompson
Youtube: https://www.youtube.com/c/KTrevorThompson
Facebook: https://www.facebook.com/groups/657067628737551
FinancialFreedom #PassiveInvesting #RealEstateSyndication #InvestorEducation #WealthBuilding
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprintWelcome to the Lab! Today, Ruben Kanya dives solo into powerful strategies, sharing insights on mid-term rentals, critical mindset shifts, and the importance of career transformation. With over 300 episodes under his belt, Ruben breaks down his own journey, his latest takeaways from the Midterm Rental Wealth Conference, and his core philosophies for navigating today’s real estate market.
This episode unpacks Ruben's personal “Be-Do-Have” framework, where he emphasizes the importance of embodying the traits of a successful investor before taking action. Through his experiences and real-life case studies, Ruben discusses the essential elements of mindset, discipline, and decision-making. The episode also sheds light on the growing demand for mid-term rental insurance opportunities, a niche approach yielding consistent occupancy and high returns.
If you’re looking to leverage technology and strategic thinking to enhance your real estate investments and personal growth, this episode will provide actionable insights. Tune in now to hear Ruben's candid reflections and expert tips for those looking to succeed in real estate and beyond.
HIGHLIGHTS OF THE EPISODE:
05:51 Ruben talks about duplicating excellence and success
11:11 Ruben talks about real transformation and what it takes to achieve it
KEEPING IT REAL:
00:01 - New show branding and episode milestone
01:45 - Midterm Rental Wealth Conference Recap
02:40 - Opening with mindset: The “Be-Do-Have” philosophy
04:10 - Modeling success and borrowing belief systems
10:50 - The transformation process: Awareness, Intention, Decision, Discipline
31:30 - Analyzing deals effectively and using Ruben’s buy box criteria
40:15 - The role of mentorship and making transformative decisions
44:47 - We are OUT!!!
#RealEstateInvesting #PropertyTech #WealthBuilding #FinancialFreedom
Welcome to the lab! In this milestone 300th episode of "The Real Estate Experiment," host Ruben Kanya reflects on his incredible journey through 300 experiments spanning real estate, tech, and entrepreneurship. Ruben shares how his background as a student athlete and personal trainer instilled the discipline, perseverance, and leadership qualities that laid the foundation for his success in business.
Listeners will dive deep into how Ruben’s early house-hacking days as a college Residential Assistant transitioned into a thriving real estate career. He unpacks the lessons learned from e-commerce ventures, mastering mid-term rentals by leveraging key relationships with relocation specialists, and the paradigm shifts that changed his approach to entrepreneurship. The episode covers not only practical advice but also the importance of mindset, personal storytelling, and embracing failure as part of the experimentation process.
With humility and grit, Ruben illustrates how every experiment—whether successful or not—served as a stepping stone in his journey. He emphasizes how crucial it is to stay the course, learn from every stage, and continually evolve in both business and life.
Whether you're new to real estate, scaling your ventures, or looking for inspiration to level up your entrepreneurial journey, this episode is packed with actionable strategies, mindset shifts, and powerful takeaways. Tune in to discover how 300 experiments have led Ruben to build a thriving real estate empire while embracing the importance of continuous learning and resilience.
MidTermRentals #RealEstateInvesting #Entrepreneurship #GrowthMindset #Leadership #PersonalGrowth #MilestonesAndReflection
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/strWelcome to the lab! In this episode we highlight a very special milestone of launching Episode 300 in the lab, and we’re thrilled to have an incredibly special guest in the spotlight—none other than Ruben’s wife and business partner, Celine Hacobian-Kanya, the co-founder and COO of Invested Escapes and co-founder of CelSev Events. Together, they’ve embarked on an extraordinary journey that spans real estate investments, short-term rental experiments to mid-term rental experiments with a niche in insurance housing. Together they unfold where it all started from having helped hundreds of families to corporate partners in the insurance niche — of which they both make very clear why they find this to be their favorite niche and experiment to date.
As we celebrate the 300th episode in the lab today, Celine takes center stage to share how her open mindedness, ability to take risk and background in journalism, management and her time at ABC News shaped her unique approach to hospitality and operations. Together, they dive deep into the heart of creative acquisitions, long distance investing and the world of mid-term rentals with their shared commitment to communication, comfort, and customer service.
If you’re ready to learn how to leverage partnerships, staying true to core values, and build a successful temporary housing business, this episode is packed with the insights you need.
Tune in now to learn how Celine’s incredible attention to detail and leadership behind the scenes have shaped the success of their combined real estate experiments!
Want to work with me and learn the power of mid-term rentals insurance?: https://experimentrealestate.com/submit
HIGHLIGHTS OF THE EPISODE:
20:35 Celine talks about transitioning from short term to mid-term rentals
24:55 Celine talks about dealing with unexpected challenges.
KEEPING IT REAL:
05:30 - Buying properties out of state and sight unseen
12:45 - Creative financing strategies for real estate acquisition
19:40 - The transition from short-term rentals to mid-term rentals
25:00 - Managing unexpected challenges in Airbnb
32:20 - Working with insurance companies and handling displaced families
44:40 - Building a strong partnership in business and balancing work-life dynamics
53:15 - Transition from corporate to full-time business and the impact on growth
59:30 - The future vision for Invested Escapes and big goals for the business
01:05:29 - We are OUT!!!
CONNECT WITH THE GUEST
Website: https://investedescapes.com/
MidTermRentals #Partnerships #CreativeFinancing #Airbnb #RealEstateInvesting
Discover How to Triple Your Mid-Term Rental Income: https://experimentrealestate.com/mtrIn this insightful episode of "The Real Estate Experiment," host Ruben Kanya reveals the strategies behind mastering the mid-term rental market by building strong relationships with insurance companies and relocation specialists. Ruben shares his experience of stepping into the shoes of a relocation specialist for a week, uncovering the common pain points in the industry and demonstrating how mid-term rental operators can address them to secure high-value contracts.
Listeners will learn how to increase profitability by addressing the specific needs of relocation specialists, ensuring flexibility in their properties, and fostering long-lasting relationships. Ruben explains how operators can maximize their occupancy rates, leverage corporate leases, and achieve lucrative returns — with contracts sometimes extending for months and yielding 4 to 5 times the typical long-term rental income.
Whether you're new to mid-term rentals or looking to fine-tune your process, this episode is packed with actionable advice and proven strategies to elevate your business. Tune in now to discover how you can maximize your profitability, maintain high occupancy, and leverage insurance and relocation contracts in the mid-term rental space.
MidTermRentals #RealEstateInvesting #RentalStrategies #InsuranceRentals #RelocationContracts
Discover How to Triple Your Mid-Term Rental Income: https://experimentrealestate.com/mtrIn this focused episode of "The Real Estate Experiment," host Ruben Kanya dives deep into the mid-term rental space, sharing insights on how to leverage three essential elements for success: flexibility, freedom, and forecasting. Ruben explains the intricate details behind the mid-term rental insurance niche, a lucrative sub-niche that offers incredible returns with minimal turnover. Listeners will learn how this niche can yield 4X the returns compared to traditional long-term rentals and ensure steady cash flow and occupancy rates.
Ruben also shares his unique blueprint for working with insurance companies and relocation specialists, highlighting how you can strategically position your properties for success. Whether you’re just entering the mid-term rental space or are looking to refine your process, this episode provides actionable strategies and proven systems to help you scale your rental portfolio while maintaining freedom and flexibility.
Tune in now to learn how to forecast effectively, maximize your profits, and create a scalable rental business with the right tools and team in place.
MidTermRentals #RealEstateInvesting #RentalStrategies #InsuranceRentals
Discover How to Triple Your Mid-Term Rental Income: https://experimentrealestate.com/mtr
Welcome to the lab! Today, we’re joined by Vanessa Alfaro, Founder of Venus Capital Partners and LunaX.AI, and a multifamily syndicator profiled as one of the top ten real estate success stories of 2022. Vanessa’s entrepreneurial journey, spanning multiple industries and countries, is filled with innovation, marketing brilliance, and the ability to scale businesses to seven figures. She brings her passion for real estate and technology together, sharing valuable insights on capital raising, AI in real estate, and scaling multifamily investments.In this episode, Vanessa shares her journey from building five seven-figure companies to transitioning into real estate investing. She dives into how she leverages technology like AI in real estate, her experiences as a multifamily investor, and her personal growth balancing family and business. Vanessa also reveals strategies for using AI in capital raising, managing investor relationships, and leveraging psychology in sales for syndications.Tune in now to learn how AI can transform your real estate business or gain valuable insights into scaling through innovation, this episode is a must-listen!HIGHLIGHTS OF THE EPISODE:17:59 - Vanessa talks about the role of marketing and innovation in a business43:36 - Vanessa talks about leveraging AI to get our time back. KEEPING IT REAL:06:00 – Running 15 multifamily properties like individual businesses12:10 – Vanessa’s incredible story of starting her real estate career while managing family life26:00 – Transitioning from marketing to real estate: Creating multifamily projects35:55 – Leveraging AI in real estate for capital raising and investor relations40:05 – How AI is changing the landscape for investor communications51:00 – The importance of using AI strategically in business decisions57:20 – Leveraging AI for efficient time management and automating business processes1:06:15 – Vanessa’s approach to work-life balance and making an impact through business1:10:46 – We are OUT!!!CONNECT WITH THE GUESTWebsite: https://www.venuspartners.com/ https://lunax.ai/Linkedin: https://www.linkedin.com/in/vanessagalfaro/Instagram: https://www.instagram.com/venus.capital/Facebook: https://www.facebook.com/VenusCapitalPartners/Linktree: https://linktr.ee/venuspartners #AIinRealEstate #RealEstateInvesting #MultifamilySyndication #EntrepreneurMindset
Discover How to Triple Your Mid-Term Rental Income: https://experimentrealestate.com/mtr
In this impactful episode of "The Real Estate Experiment," host Ruben Kanya delivers a powerful framework designed to help you accelerate success in the mid-term rental space and beyond. Ruben emphasizes the importance of mindset, gratitude, and belief in achieving your goals. He shares a six-step mental framework that can be applied to your real estate ventures, personal goals, or any other aspirations you have. Ruben's insights are backed by real-life examples and proven strategies, making this episode a must-listen for anyone serious about achieving success.Listeners will also get valuable information on optimizing mid-term rental strategies, particularly the lucrative niche of mid-term rental insurance. Ruben explains how to build relationships with relocation specialists and insurance companies, manage your listings effectively, and maximize profitability. Whether you're just starting or looking to refine your approach, this episode offers the tools and mindset you need to thrive in the competitive real estate market.Tune in now to elevate your real estate business and get closer to your success goals!
MidTermRentals #RealEstateSuccess #MindsetMatters #RentalStrategies
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprintWelcome to the lab! Today, we're joined by Andrew Kim, CEO & Co-Founder of SHARE, a pioneering property tech rental real estate investment company. Andrew’s journey from a tech entrepreneur to a leader in the real estate sector is filled with valuable lessons and insights that are crucial for anyone interested in real estate investing, especially in today’s dynamic market.
In this episode, Andrew shares his incredible story of transitioning from tech to real estate, starting with his early days in Toronto,VC back ventures in Silicon Valley to co-founding SHARE in 2021. He dives into the challenges of managing rental properties, the importance of leveraging technology in real estate, and how SHARE is revolutionizing the market by providing individual investors with access to institutional-grade resources.
Andrew also discusses his personal investment strategies, including his experiences in different markets like Florida and Upstate New York, and how these have shaped his approach to building wealth through real estate. He further elaborates on SHARE’s innovative model, which allows investors to source and manage high-return properties seamlessly, and the future of real estate tech in a rapidly evolving industry.
If you're eager to learn how technology can amplify your real estate investments and gain access to exclusive opportunities, this episode is a must-listen. Andrew’s insights into strategic investing, market trends, and the future of real estate technology offer a roadmap for anyone looking to succeed in the property investment space.
HIGHLIGHTS OF THE EPISODE:
28:51 Andrew talks about unlocking problems in a business
29:37 Andrew talks about his criteria for analyzing business potential and the role of tech in its success.
KEEPING IT REAL:
05:57 - The journey from tech startup to real estate investor
13:00 - Founding SHARE: The vision and initial challenges
17:50 - Real estate investment strategies: Florida and Upstate New York
24:00 - Leveraging technology in real estate investing
29:50 - How SHARE is democratizing access to institutional-grade investments
35:30 - The future of real estate tech and strategic growth
40:00 - Advice for new investors and the power of partnerships
47:20 - Final thoughts and what's next for SHARE
1:00:50 - We are OUT!
CONNECTING WITH THE GUEST
Website: https://sharesfr.com/
Linkedin: https://www.linkedin.com/in/andrewkim83/?originalSubdomain=ca
RealEstateInvesting #PropertyTech #WealthBuilding #FinancialFreedom
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprintIn this focused episode of "The Real Estate Experiment," host Ruben Kanya delves deep into the lucrative world of mid-term rentals, with a special emphasis on how understanding and targeting your ideal avatar—your perfect tenant—can significantly boost your success. Ruben shares valuable strategies for optimizing your rental properties to cater to specific needs, ultimately leading to higher occupancy and profitability.
Listeners will discover the critical importance of market research, learning how to position their properties to attract high-value tenants. Ruben also explores the powerful niche of mid-term rental insurance contracts, explaining how they can be a game-changer for property managers and owners. With real-life examples and actionable insights, this episode is packed with practical advice for anyone looking to dominate the mid-term rental market.
Whether you're just starting in the mid-term rental space or looking to refine your approach, this episode offers a clear blueprint to help you achieve greater success by focusing on who you're serving and how to meet their needs effectively. Tune in now to elevate your rental business and maximize your income potential.
MidTermRentals #RealEstateInvesting #TargetMarket #RentalStrategies
Get the Mid-term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprintIn this insightful episode of "The Real Estate Experiment," your host Ruben Kanya delves deep into the lucrative world of mid-term rentals, with a special focus on how to capitalize on the growing demand for temporary housing. Ruben shares a recent real-life inquiry as a case study, revealing the critical strategies and tips that can help you land high-value contracts in this niche market.
Listeners will discover the power of optimizing their properties for mid-term rentals, particularly in catering to families displaced due to unforeseen events like water damage. Ruben emphasizes the importance of positioning your listings across various platforms, being pet-friendly, and offering flexible stays to attract insurance-covered tenants. He also highlights the benefits of managing larger properties and how this can significantly increase your revenue potential. By the end of this episode, you’ll have a clear blueprint for optimizing your rental business to serve a critical need in the marketplace while maximizing profitability.
Don’t miss this opportunity to gain invaluable insights and elevate your real estate strategy. Tune in now and learn how you can transform your rental business with mid-term rentals!
MidtermRentalInsurance #RealEstateInvesting #TemporaryHousing #PropertyManagement
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
In this insightful episode of "The Real Estate Experiment," host Ruben Kanya returns to the lab with a fresh perspective on balancing life's pleasures with smart investment strategies. Drawing inspiration from Bill Perkins' book, Die With Zero, Ruben introduces the concept of "Memory Dividends" and explores how optimizing for memorable experiences can enhance both personal fulfillment and professional success.
Ruben emphasizes the importance of aligning one's career with investment goals, highlighting how strategic alignment can yield remarkable results. He delves into the benefits of catering to both short-term and midterm rental markets, providing a comprehensive guide on maximizing profits by understanding and serving different guest avatars. By selecting properties that meet both short-term rental amenities and midterm rental functionalities, investors can ensure continuous occupancy and profitability.
Listeners will gain valuable insights into the dual strategy of combining short-term rental experiences with midterm rental stability. Ruben shares personal anecdotes from his recent travels and investment ventures, illustrating how a balanced approach can lead to greater satisfaction and financial success. He also discusses the significance of choosing the right properties and optimizing for both functionality and experience to attract diverse tenant profiles.
Tune in to this episode to learn how you can create lasting memories while strategically growing your real estate portfolio. By embracing the concept of "Memory Dividends" and aligning your career with your investments, you'll be better equipped to achieve your goals and enjoy the journey. This episode is a must-listen for anyone looking to enhance their quality of life and investment outcomes simultaneously.
MemoryDividends #InvestmentStrategy #CareerAlignment #RealEstateInvesting
In this insightful episode titled "The Combined 'Sub-to' to Mid-Term Rental Insurance Strategy," Ruben Kanya, the host of "The Real Estate Experiment," shares a detailed breakdown of a recent deal he successfully closed. He credits this achievement to leveraging a strategy inspired by the renowned Pace Morby, who extensively discusses it in his book "Wealth without Cash." Ruben considers this approach, which combines the Subject-to strategy with the mid-term rental insurance strategy, as one of the best-kept secrets, especially in today's economy marked by high interest rates. He emphasizes that this combination can yield the highest margins and significantly boost cash flow, making it a crucial tool for investors seeking to maximize profitability.
Ruben underscores that in a market where acquiring properties with favorable terms is increasingly challenging, understanding and implementing these strategic experiments can make all the difference for investors. He highlights the importance of education and strategic thinking in real estate ventures, asserting that the ability to effectively combine these two strategies can lead to rapid portfolio growth and financial success. By sharing his experiences and insights, Ruben empowers his audience to experiment wisely and strategically, offering them a valuable resource for achieving exceptional results in the real estate industry.
JOIN OUR MTR INSURANCE NETWORK: https://mtrinsurancenetwork.com/join/
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts
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Website: https://experimentrealestate.com/
MTR #midterminsurance #strategy
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
Welcome to the lab! Today, we are thrilled to bring back Katie Lyon, Co-Host of The Landlord Diaries Podcast, Marketing Director of Furnished Finder & KeyCheck and mid-term rental investor. Katie has spent over a decade navigating the real estate and marketing industries, striving to solve the challenges of balancing work, life, and investment opportunities.
In her journey, Katie identified a common problem faced by many landlords: the high turnover and demanding management of short-term rentals. Seeking a solution, she delved into the world of mid-term rentals, discovering a niche that not only provided a more manageable and stable tenant base but also aligned perfectly with her career having both a background in marketing and real estate.
In this episode, Katie shares her experiences and strategies, from managing properties in diverse locations like Florida, Iowa, and Colorado, to optimizing rental income through innovative marketing principles at work.. She discusses the advantages of the mid-term rental strategy, the importance of creating a seamless integration between career and personal interests, being both vertically aligned and how these experiences have shaped her approach to real estate investing.
Join us as Katie offers valuable advice on how she invests her time in as the Marketing Director of Furnished Finder & Keycheck and as a, Co-host The Landlord Diaries Podcast and how she invests in mid-term rentals as an investor. She shares how overcoming common hurdles, building a strong investment portfolio, and fostering a supportive community in the real estate space. Whether you're new to investing or looking to refine your strategies, this episode is packed with insights to help you embark in your mid-term rental journey.
Tune in now to learn how to tackle the challenges of midterm rental management, harness the power of strategic marketing, and build a legacy in real estate with Katie Lyon. Don't miss this enlightening conversation!
HIGHLIGHTS OF THE EPISODE:
11:42 - Katie defines what a midterm rental is
24:30 - Katie talks about leveraging marketing for real estate investing
KEEPING IT REAL:
04:00 - Katie's background in marketing and real estate
09:57 - The advantages of midterm rentals over short-term rentals
15:05 - Family involvement in real estate and creating a legacy
20:00 - The role of marketing in real estate investing
24:35 - Aligning career with personal interests and passions
30:10 - Building a successful rental portfolio and lessons learned
36:25 - Advice for new investors and overcoming limiting beliefs
42:15 - The importance of community and collaboration in real estate
47:30 - Future plans and growth in the real estate space
1:05:58 - We are OUT!!!
CONNECTING WITH THE GUEST
Website: https://www.furnishedfinder.com/
Linkedin: https://www.linkedin.com/in/katie-lyon8/
Instagram: https://www.instagram.com/mskatielyon/?hl=en
Youtube: https://www.youtube.com/@thelandlorddiaries
MidtermRentals #PropertyManagement #MarketingStrategies #RealEstateInvesting
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprintWelcome to the lab, and today, we bring back Terry Judge, CEO of CORE, for a deep dive cost segregation case study on our own properties. In this enlightening episode a follow up from episode #286 where Terry discussed the maximizing tax benefits from cost segregation, in this follow up episode, Terry peels back the curtains on the benefits that cost segregation can have on an investor like you by using our properties as real time case study. This cost segregation case study alone in our situation gave us a $50,000+ check from the IRS which we will be able to utilize for another investment. From understanding the basics to diving into detailed strategies, Terry explains how cost segregation can supercharge depreciation and provide substantial tax savings for YOU.
Terry discusses the importance of timing and the different categories of property for depreciation. He also covers the benefits of doing a cost segregation study and how it impacts both short-term and long-term rental properties. Terry provides real-life examples, including a case study of properties owned by the host, to illustrate the powerful financial impact of cost segregation.
Whether you're a seasoned investor or just starting out, this episode provides invaluable insights into optimizing your real estate investments through strategic tax planning. Join us as Terry Judge breaks down the complexities of cost segregation and reveals in this case study how you can maximize your tax benefits.
HIGHLIGHTS OF THE EPISODE:
07:29 - Terry talks about cost segregation benefits.
18:59 - Terry talks about why you need a cost segregation study
KEEPING IT REAL:
04:00 - Importance of timing in cost segregation
06:00 - Different property categories for depreciation
08:15 - Real-life examples of cost segregation benefits
10:00 - How cost segregation impacts short-term rentals
12:30 - Detailed case study of short-term rental properties
15:00 - Importance of strategic implementation
18:45 - Benefits of doing a cost segregation study
21:00 - Financial impact on long-term rental properties
23:15 - Key takeaways and practical advice
25:00 - How to get started with cost segregation
27:00 - Wrapping up and connecting with Terry Judge
CONNECTING WITH THE GUEST
Website: https://coresolutionsgroup.net/
Linkedin: https://www.linkedin.com/in/coresolutionsgroup/
Instagram: https://www.instagram.com/terry_judge/?hl=en
Email: terryjudge@coreadvisors.net
CostSegregation #TaxBenefits #RealEstateInvesting #DepreciationStrategies
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
Welcome to the lab, and today, we step in with Jason Hull, CEO and Founder of DoorGrow. In this enlightening episode, Jason shares his journey and strategies for scaling property management businesses. From starting with zero doors to managing 105 units in just six months, Jason emphasizes the importance of depth over breadth in business relationships.
Jason delves into the concept of "depth" in client interactions and explains how personal connections can significantly impact business growth. He shares practical strategies, such as the Neighbor Strategy, to leverage local relationships and increase client acquisition. Jason also discusses the challenges and opportunities in property management, offering insights into effective pricing models, branding, and the critical role of purpose in business.
Whether you're a seasoned property manager or just starting out, this episode provides invaluable insights into building and scaling a successful property management business. Join us as Jason Hull shares his expertise on creating meaningful connections, optimizing business processes, and achieving sustainable growth. Tune in now!
HIGHLIGHTS OF THE EPISODE:
11:25 Jason talks about his definition of a business
36:05 Jason talks about being motivated by purpose instead of money
KEEPING IT REAL:
06:50 - The importance of understanding client needs
10:00 - Common misconceptions in property management
12:00 - The process myth for businesses over 200 units
18:30 - The importance of a well-structured website
20:20 - The benefits of a three-tier hybrid pricing model
25:00 - Overcoming operational challenges in property management
30:00 - Crafting the ultimate sales pitch
34:00 - Leveraging local relationships with the Neighbor Strategy
38:50 - Building trust and safety with real estate agents
45:00 - The five levels of exit for entrepreneurs
52:00 - The challenge of maintenance in property management
1:00:00 - The impact of AI on property management
1:07:00 - Importance of focusing on the next right move
1:20:26 - We are OUT!
CONNECTING WITH THE GUEST
Website: https://doorgrow.com/
Linkedin: https://www.linkedin.com/in/kingjasonhull/
Instagram: https://www.instagram.com/kingjasonhull/?hl=en
Facebook: https://www.facebook.com/kingjasonhull/
X: https://x.com/doorgrow
Youtube: https://www.youtube.com/c/doorgrow
PropertyManagement #BusinessGrowth #ClientRelationships #RealEstateInvesting
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
In this dynamic episode of "The Real Estate Experiment," your host Ruben Kanya dives deep into the transformative insights and strategies gathered from the recent STR Summit Conference in Denver. Shout out to the Robinsons for an incredible event! Ruben kicks things off by emphasizing the importance of continuous learning and adapting to new market trends, especially in the evolving landscape of short-term rentals (STRs).
Listeners will gain valuable insights into the (1) latest data and trends in the STR market, presented by Jamie Lane of AirDNA.co. Ruben underscores the importance of relying on hard data over speculation to make informed investment decisions. (2) He then transitions to discussing boutique hotels with Rich Somers (previous guest episode #225) and recaps an enlightening conversation & presentation (3) with Michael Elefante (previous guest episode #161), who shared how he stayed discipline with his buy box to tap into 2 million dollars worth of non-taxable profit on just one door. (4) Ruben delves into the innovative strategies of Pace Morby, highlighting his expertise in creative financing and operating without traditional bank loans EVER. By attending these conferences, (5) Ruben illustrates how challenging existing paradigms and learning from industry experts can expedite your own real estate experiments and lead to greater success.
Listeners will also discover the significance of understanding economic trends in STRs to optimize investment strategies. (6) Ruben explains the advantages of larger properties and unique experiences to reduce competition and increase profitability. (7) He also emphasizes the power of creative financing and leveraging equity to grow your portfolio without traditional loans.
Tune in now to gain invaluable insights and inspiration for your own journey towards success in the real estate industry.
ShortTermRentals #RealEstateInvesting #CreativeFinancing #InvestmentStrategies
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
Welcome to the lab! Today, we’re exploring the realm of notary services and business growth with our esteemed guest, Philip Hogan. As the Founder and CEO of Signing Services of America, Philip has built an impressive empire in the notary and real estate services industry, providing critical support to countless transactions nationwide or as I like to call it, shovels during a goldmine.
A former military man with a background in engineering, Philip's journey is nothing short of inspiring. His transition from serving in the Navy to establishing a successful business is a testament to his resilience and entrepreneurial spirit. Despite starting with no business background, Philip’s determination and strategic mindset propelled him forward, leading to a thriving career in the notary services and real estate support industry.
Join us as Philip shares his compelling story driven by a passion for innovation and a commitment to excellence. From his early career in the Navy to founding Signing Services of America, Philip’s path is marked by grit, hard work, and a relentless pursuit of success.
In this episode, Philip delves into the intricacies of the notary services industry, emphasizing the importance of reliability, precision, and exceptional service. He discusses how he scaled his business from a single-state operation to a nationwide powerhouse, highlighting the role of technology and strategic partnerships in this growth.
Moreover, Philip sheds light on the critical role notaries play in real estate transactions, sharing insights into the process, challenges, and opportunities within this niche field. He also offers valuable advice for aspiring entrepreneurs and notaries looking to make their mark in the industry.
If you’re looking to unlock the secrets of building a successful service-based business and harness the potential of the notary services industry, this episode is for you. Tune in now!
HIGHLIGHTS OF THE EPISODE:
16:26 - Phillip talks about notary fees and services.
29:23 - Phillip talks about building a culture within a company
KEEPING IT REAL:
00:05:20 - How Phillip Hogan transitioned into the notary business
00:08:10 - Building Signing Services of America and the initial challenges
00:12:30 - The process of becoming a notary and the importance of a notary stamp
00:18:00 - Differences between general notaries and certified notary signing agents
00:22:15 - Compensation structure for notaries in real estate transactions
00:28:40 - The importance of technology in scaling the notary business
00:34:50 - Expanding Signing Services of America and attending industry conferences
00:40:30 - Marketing and sales strategies for growth
00:45:50 - Future plans and technology development for Signing Services of America
01:12:33 - We are OUT!
CONNECTING WITH THE GUEST
Website: https://signingservicesofamerica.com/
Linkedin: https://www.linkedin.com/in/philliphogan/
Facebook: https://www.facebook.com/signingservicesofamerica/
NotarySuccess #EntrepreneurJourney #RealEstateServices #BusinessGrowth
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
Welcome to the lab! Today, we're diving into the world of cost segregation and tax incentives with our distinguished guest, Terry Judge. As a Cost Segregation and Tax Incentive Expert, Multifamily Investor, and Lifetime Entrepreneur who’s helped investors save over a billion dollar’s worth in tax savings, Terry's journey is nothing short of inspiring.
A former mechanical engineer turned real estate tax strategist, Terry thrives on the challenges of the tax code, mirroring his analytical approach to both life and business. Despite starting with no tax background, Terry's tenacity and dedication propelled him forward, leading to a fulfilling career in real estate and tax advisory.
Join us as Terry shares his compelling story driven by a passion for innovation and a commitment to helping others achieve financial success. From his early career in mechanical engineering to founding CORE, a leading tax and advisory solutions company, Terry's path is marked by resilience and a relentless pursuit of excellence.
In this episode, Terry delves into the intricacies of cost segregation, emphasizing the importance of strategic tax planning and leveraging specialized knowledge to maximize tax benefits. From uncovering niche tax strategies to maximizing depreciation through cost segregation studies, Terry's insights offer a roadmap for both seasoned investors and those new to the field.
Moreover, Terry sheds light on the nuances of cost segregation, sharing tactics for maximizing tax savings and profitability while emphasizing the significance of detailed audit trails and comprehensive studies.
If you're looking to unlock the secrets of tax-efficient real estate investing and harness the potential of cost segregation, this episode is for you. Tune in now!
HIGHLIGHTS OF THE EPISODE:
09:51 - Terry talks about conducting a cost segregation study and what it can do for investment properties.
16:15 - Terry talks about how to be eligible for cost segregation
KEEPING IT REAL:
04:00 - How cost segregation integrates legal, engineering, and tax components
06:00 - Accelerated depreciation benefits
10:10 - The impact of cost segregation on investment properties
13:00 - How depreciation works in real estate
15:30 - Eligibility for cost segregation and investment properties
24:20 - Impact of holding periods on cost segregation
30:10 - Depreciation benefits for different property types
34:00 - Changes in bonus depreciation over the years
39:00 - Tax benefits for real estate professionals vs. limited partners
45:30 - Importance of having a good team and specialized CPA
54:32 - We are OUT!
CONNECTING WITH THE GUEST
Website: https://coresolutionsgroup.net/
Linkedin: https://www.linkedin.com/in/coresolutionsgroup/
Instagram: https://www.instagram.com/terry_judge/?hl=en
Email: terryjudge@coreadvisors.net
CostSegregation #RealEstateTax #TaxBenefits #RealEstateInvesting
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprintWelcome to the lab. Today, we host Ed Mathews, a seasoned executive who transitioned from a high-flying career in Silicon Valley to building a successful real estate investment company with a niche in Multifamily. Ed is the founder of Clark St Capital, a company that owns and operates multifamily properties throughout New England and soon, North Carolina.
Ed helps busy C-level executives grow their retirement nest eggs passively, without the hassle of being a landlord. He also mentors aspiring real estate investors, sharing his journey from the corporate world to real estate investing.
In this episode, Ed shares his story of how he started investing in real estate on the side while working in Silicon Valley. He discusses his strategies for acquiring and managing multifamily properties, the importance of self-education, and the value of mentorship. Ed provides insights into financing strategies and how to build a profitable real estate portfolio. If you're interested in learning how to build wealth through real estate investing, this episode is a must. Tune in now and take the first step toward transforming your financial future!
HIGHLIGHTS OF THE EPISODE:
14:45 Ed talks about the advantages of staying in the commercial multifamily space.
31:50 Ed talks about creative financing techniques and their benefits.
KEEPING IT REAL:
04:00 Ed’s initial steps and challenges in real estate
06:15 Transitioning from a high-flying career in Silicon Valley to real estate investing
08:45 The impact of personal goals and family on career choices
14:45 Why Ed focuses on 4 to 20 unit properties and the advantages of staying in the commercial multifamily space
17:30 Insights on the Connecticut real estate market
22:20 Ed's strategy for handling property management and reducing turnover
27:40 Building and leveraging relationships in the real estate industry
31:50 Creative financing techniques and their benefits
35:00 The pros and cons of refinancing properties
37:00 Lessons learned from Ed's real estate journey and advice for aspiring investors
42:15 The role of mentorship in Ed's success and why he believes in paying it forward
46:00 Ed’s final thoughts on real estate investing
49:30: We are OUT!
CONNECTING WITH THE GUEST
Website: https://www.clarkst.com/
Linkedin: https://www.linkedin.com/in/edmathews/
Instagram: https://www.instagram.com/edmathews4/
Youtube: https://www.youtube.com/@clarkstcapital
X: https://x.com/edmathews4?lang=en
MultifamilyInvesting #RealEstateInvesting #InvestmentStrategies
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprintIn this compelling episode of "The Real Estate Experiment," host Ruben Kanya takes you behind the scenes of the mid-term rental insurance industry with a heartfelt case study that humanizes the business. Ruben emphasizes the real human impact of this niche, sharing an inspiring story of a gentleman named Bruce who was displaced due to a fire. This episode brings to life the reasons why the mid-term rental insurance space is so vital and lucrative, highlighting the importance of selecting the right type of asset to serve those in need effectively.
Listeners will gain valuable insights into the fundamentals of the industry, including the critical criteria for selecting properties that cater to displaced families. Ruben discusses the importance of accessibility, layout, and location, all crucial elements for ensuring optimal living conditions for those affected by unforeseen events. By focusing on these key aspects, investors can position themselves to land premium contracts and make a significant difference in the lives of those they serve.
Ruben also explores the emotional and logistical challenges faced by families like Bruce's, offering a deeper understanding of why going above and beyond in hospitality is essential. This episode underscores the need to be well-prepared and knowledgeable about the entire process, from initial displacement to long-term relocation solutions.
Tune in to discover the human stories behind the mid-term rental insurance space, the importance of thorough property criteria, and the rewarding nature of solving big problems. This episode is a must-listen for anyone interested in real estate investing, especially those looking to make a meaningful impact while achieving financial success.
MidTermRentals #RealEstateInvesting #InsuranceStrategies #HumanizeYourBusiness
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
In this thought-provoking episode of "The Real Estate Experiment," host Ruben Kanya takes a reflective dive into the concept of seasons and how they parallel our journeys in life and business. Inspired by the changing weather in Massachusetts, Ruben shares his insights on the natural cycles and how understanding these can lead to greater success in real estate and personal growth.
Ruben emphasizes the importance of recognizing and aligning with the seasons in our lives, whether it's a time for education, action, relationship-building, or rest. He underscores that just as nature operates in distinct seasons, so too should our efforts and focus areas. By honing in on what is most relevant in each season, we can avoid the pitfalls of trying to do everything at once and instead achieve deeper, more meaningful results.
Listeners will gain valuable insights into how to determine which season they are in and how to align their goals and actions accordingly. Ruben shares personal anecdotes and examples from his own journey, including the current season of building and creative financing he and his team are focusing on. He also discusses the importance of having a structured plan and bringing order to our endeavors to achieve success.
Tune in now and discover how you can apply the framework of seasons to your own life and business. By understanding and embracing the season you're in, you'll be better equipped to navigate challenges, seize opportunities, and ultimately achieve your goals. This episode is a must-listen for anyone looking to bring more order and purpose to their real estate investments and personal growth journey!
RealEstateInvesting #PersonalGrowth #SeasonsOfLife
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
In this enlightening episode of "The Real Estate Experiment," Ruben delves into a comprehensive array of strategies for real estate investing and house hacking, offering invaluable insights tailored for investors at every level. Ruben emphasizes the importance of proactive engagement with lenders to secure mortgage pre-approval and leverage primary residence loans effectively. Additionally, he highlights the potential benefits of researching first-time homebuyer programs and incentives, which can significantly enhance investment opportunities for aspiring homeowners.
Listeners will also discover the advantages of exploring careers that offer remote work opportunities, granting investors greater flexibility in being able to make strategic property investments on annual basis. Ruben further advises utilizing strategic keyword searches such as "second kitchen" or "in-law suite" when browsing for properties to optimize the potential for successful house hacking endeavors. Moreover, he discusses the value of considering becoming a licensed real estate agent as another lever to pull, providing not only access to invaluable industry insights and opportunities for investment growth but getting paid at the closing table for buying your own properties. Tune in now and embark on a journey towards mastering real estate investing and house hacking strategies that can propel you towards financial freedom and success!
househacking #realestate #realestateinvesting
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprintWelcome to the lab. Today, we're bringing you an exclusive live recording of the "MTR School of Hard Knocks, a live real estate event that took place in San Diego with co-hosts Vivian Yip and Ruben Kanya. This episode dives into the diverse niches within real estate, showcasing the expertise and strategies distinguished panelists — who are mid-term rental experts in their respective niches who also all have been featured in the lab in previous episodes, addressing the challenges faced by investors, and providing practical solutions, tips and the opportunities that exist in each respective niche.
The Panel Features:
Dr. Rachel Gainsbrugh
A seasoned real estate expert, Dr. Gainsbrugh helps busy doctors escape burnout by investing in luxury mid-term and short-term rentals. By day, she's a healthcare professional, by night, a savvy short-term rental investor, and 24/7, a dedicated mom.
Vivian Yip
As the founder of Corporate Rentals USA and Hestia, Vivian Yip is a dynamic entrepreneur and public speaker specializing in mid-term rentals. With a deep passion for hospitality, she guides investors in navigating the lucrative mid-term rental market.
Noble Crawford
brings a wealth of knowledge from his diverse background in hospitality, technology, sales, marketing, and government contracts. A ten-year business owner and principal partner in multiple ventures, Noble has coached a student from zero knowledge to securing a $7.4M government contract in just six months.
Sarah D. Weaver
An author, coach, speaker, and real estate investor, Sarah Weaver self-manages 19 units across four states while traveling full-time. She specializes in furnished medium-term rentals in what she calls “Destination Hotspots of America,” such as Omaha and Des Moines.
In this episode, our hosts and panelists explore asset types, share strategies, discuss investor challenges and solutions, and provide invaluable Q&A and practical tips. If you're looking to master the art of mid-term rentals and expand your real estate knowledge, this episode is a must-watch.
HIGHLIGHTS OF THE EPISODE:
25:55 The Panel talks about the niche they stick with
34:40 The Panel talks about the asset they’re focusing on
KEEPING IT REAL:
02:31 Building a Network
08:46 Introduction of Cal Home Company from Jeremy Katz sales Manager
15:23 Importance of Networking and Partnerships
20:11 Vivian Yip discusses the vision behind Hestia
25:51 Decision, Desire, Discipline (The Three Ds)
33:41 The panelists: Sarah, Noble, Rachel and their respective niches in real estate
45:16 Strategies and Asset Types
56:31 Challenges faced by real estate investors and solutions
1:07:21 Q&A and Practical Tips
1:20:46 Closing Remarks
Episode Hashtags: #RealEstateInvesting #MidTermRentals #RealEstateNiches #FinancialFreedom
NOTABLE QUOTE (KEY LESSONS):
CONNECTING WITH THE GUEST
Dr. Rachel Gainsbrugh
Website: https://www.shorttermgems.com/
Linkedin: https://www.linkedin.com/in/dr-rachel-gainsbrugh/
Instagram: https://www.instagram.com/short.term.gems/?hl=en
Facebook: https://www.facebook.com/rachel.gainsbrugh/
Vivian Yip
Website: https://corporaterentalsusa.com/
Linkedin: https://www.linkedin.com/in/vivianyiptx/
Instagram: https://www.instagram.com/vivianyip_official/
Facebook: https://www.facebook.com/vivianyip.keller
Linktree: https://linktr.ee/vivianyip
Sarah D. Weaver
Website: https://www.sarahdweaver.com/trips
LinkedIn: https://www.linkedin.com/in/sarahdweaver/
Instagram: https://www.instagram.com/sarahdweaver/
Facebook: https://www.facebook.com/sarahdweaverpage
Noble Crawford
Website: https://hospitalitycashflow.com/
LinkedIn: https://www.linkedin.com/in/noblecrawford/
Instagram: https://www.instagram.com/noble.crawford.3/
Event Sponsor: https://calhomeco.com/
#RealEstateInvesting #MidTermRentals #RealEstateNiches #FinancialFreedom
GUEST SUMMARY
Welcome to the lab and today, we step in with Liz Faircloth, Co-Founder of The Real Estate InvestHER, an insightful exploration into the world of real estate investment and changing the paradigm for female investors.
As a former Experienced Management Consultant turned Real Estate Investment Entrepreneur, Liz's journey is as inspiring as it is enlightening. Tune in as she shares her personal odyssey, from the pivotal moment of discovering Rich Dad Poor Dad to building a multi-million dollar real estate portfolio with her husband.
In this episode, Liz delves into breaking gender roles in household finances and investments, highlighting the transformative power of women coming together in the realm of investing. She emphasizes the significance of supporting partnerships and challenging societal expectations, offering invaluable insights into communication strategies and the rise of MTR insurance in the rental industry.
Join us as Liz shares her wisdom on building transformational relationships for personal and business growth, reflecting on 15 years of real estate investing and the lessons learned along the way. Discover the keys to aligning goals and expertise for success in real estate, and learn how Liz empowers others to build wealth through her podcasting endeavors.
If you're looking to gain invaluable insights into real estate investing while championing women's empowerment in the industry, this episode is a must-listen. Join Liz Faircloth as she shares her expertise and journey, offering a roadmap to success in building wealth and fostering transformational relationships. Tune in now to harness the power of investing and empower yourself in the world of real estate!
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
HIGHLIGHTS OF THE EPISODE:
09:19 Liz talks about a wealth transfer and women coming together in investing
29:37 The importance of communication and building strategic partnerships
KEEPING IT REAL:
04:54 Breaking gender roles in household finances and investments
09:57 The power of women coming together in investing
14:51 Supporting partnerships and challenging societal expectations
19:38 The importance of communication and the rise of MTR insurance in the rental industry
24:56 Building transformational relationships for personal and business growth
29:51 The journey to success in real estate investing
34:50 Finding success in real estate: aligning goals and expertise
39:57 15 years of real estate investing: Lessons learned and growth achieved
44:32 The pursuit of success and empowering others in building wealth
50:00 The power of podcasting for real estate investing
55:33 We are OUT!
Episode Hashtags: #RealEstateInvesting #WomenInRealEstate #Empowerment #FinancialFreedom
NOTABLE QUOTE (KEY LESSONS):
CONNECTING WITH THE GUEST
Website: https://www.therealestateinvesther.com/
Linkedin: https://www.linkedin.com/in/liz-faircloth-36783/
Instagram: https://www.instagram.com/therealestateinvesther/
Linktree: https://linktr.ee/investher
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
In this episode of "The Real Estate Experiment," Ruben Kanya offers a compelling recap of the recent MTR Summit event held in San Diego, which he co-hosted with Vivian Yip and esteemed peers Dr. Rachel Gainsbrugh, Noble Crawford, and Sara Weaver. Ruben shares his heartfelt experiences connecting with his mastermind students and members of the Experiment Nation community, emphasizing the profound impact of hallway conversations in helping individuals clarify their goals and chart a path to success. He underscores his steadfast commitment to the "who not how" approach, recognizing the transformative power of mentorship and peer support in achieving collective goals.
Ruben distills his core beliefs, echoed at the sold-out event preceding the MTR Summit, into three pillars of success: Decision, Desire, and Discipline. Drawing on his recent experiences, Ruben illustrates how these pillars serve as guiding principles for Experiment Nation, challenging listeners to make the decision to embrace these values and pursue their aspirations with unwavering determination. As Ruben aptly observes, only time and tangible results will reveal the impact of this pivotal decision-making process on individual and collective success. Tune in to gain invaluable insights and inspiration for your own journey towards success in the real estate industry.
MTR #MTRSummit #MTRsecrets
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
Join Ruben Kanya in this insightful episode of "The Real Estate Experiment," where he delves into the critical fundamentals that should not be overlooked when venturing into the mid-term rental insurance space. Ruben emphasizes the importance of combining these fundamentals with a robust buying criteria to pave the way for success in the insurance market.
Listeners will gain valuable insights into the key factors to consider when selecting properties for mid-term rental insurance, including accessibility, layout, and location. Ruben underscores the significance of evaluating these aspects meticulously to ensure optimal profitability and tenant satisfaction.
Moreover, Ruben stresses the necessity of having a well-defined exit strategy and conducting thorough market research before investing in vacant properties. By carefully considering these factors, investors can mitigate risks and maximize returns in the insurance space.
Don't miss this episode for essential guidance on navigating the mid-term rental insurance market with confidence and strategic foresight. Tune in and discover how to build a solid foundation for success in the dynamic world of real estate.
MidtermRentalInsurance #RealEstateInsights #PropertyInvestmentWisdom
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
Welcome to the lab. Today, we're honored to host Lamè Kinikini, the visionary owner of Elk Ridge Management, a trailblazer in the realms of creative finance and short-term rentals, boasting a staggering portfolio exceeding $15 million in owned real estate and over $50 million under management.
Join us as Lamè unveils his ascent from the trenches of the nine-to-five grind to becoming a real estate maverick. Back in 2017, Lamè embarked on his journey with a burning desire to break free from the shackles of traditional finance. Armed with a history of hustling in sales, Lamè solved the problem of showcasing enough income for property acquisition while maximizing write-offs to mitigate tax liabilities.
With determination, Lamè navigated the complexities of real estate finance, overcoming obstacles and pioneering the fusion of Airbnb and furnished rentals, leading to the creation of Elk Ridge Management.
Today, Lamè stands as a beacon of entrepreneurial ingenuity, blending creative finance with the short-term rental market. In this episode, he shares invaluable insights into financing strategies, the power of continuous self-education, and the keys to building a successful management company in the competitive real estate world.
If you're seeking to learn creative ways to get into real estate without substantial resources or property, this episode is a must. Tune in now and start taking control of your financial future!
HIGHLIGHTS OF THE EPISODE:
13:00 Lame talks about the science in selling
20:21 Lame talks about self education and why we should invest in ourselves
KEEPING IT REAL:
05:30 Financing when you can't show enough income
07:24 Creative Financing: a better way of acquiring without the tax bill
12:33 The value of understanding the science in selling
19:41 The importance of self education and investing in yourself
38:48 Giving yourself permission to take action
44:40 Why you pay for a mentor
47:48 Management company as a way to partake in real estate without
money or your own property
51:56 How to position your company to be above the marketplace
58:33 Adding Creative financing to the short term rental model
01:00:00 Buying from sellers directly through creative financing
01:05:12 Underwriting with long term rentals in mind
01:07:19 The value of mentorships, coachings, and creating a community
01:09:57 We are OUT!
CONNECT WITH THE GUEST
Website: https://elkridgemgmt.com/
Linkedin: https://www.linkedin.com/in/hailamekinikini/
Instagram: https://www.instagram.com/hailamek/?hl=en
Linktree: https://linktr.ee/lamekinikini
Tiktok: https://www.tiktok.com/@lamekinikini
#CreativeFinancing #ShortTermRentals #RealEstateInvesting #InvestmentStrategies
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprintIn this eye-opening episode of “The Real Estate Experiment,” we explore the immense potential of operating Mid-Term Rentals Insurance businesses remotely, even out of state or country borders. With the promise of less turnover, reduced headaches compared to traditional Airbnb hosting, and the potential for increased profits, this opportunity presents itself as a game-changer in the real estate industry. Hosts and investors alike are urged not to overlook the significant advantages this strategy offers.
Listeners are encouraged to consider integrating this remote operating model into their existing portfolio, unlocking a new level of freedom and flexibility in their lives. With the ability to manage properties from afar and minimize the day-to-day management challenges associated with short-term rentals, this approach represents a compelling avenue for entrepreneurs seeking to expand their reach and maximize returns.
Don’t miss out on this chance to revolutionize your real estate business and achieve greater success on your own terms. Tune in to discover how you can leverage the power of remote Mid-Term Rental Insurance operations for unparalleled growth and profitability.#MTR #remote #operations
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprintWelcome to the lab! Today, we're diving into the world of short-term rentals and entrepreneurial triumph with our distinguished guest, Mike Reilly. As a Short-Term Rental Business Owner, Investor, and VP of Coaching and Operations at Short-Term Rental Secrets, Mike's journey is nothing short of inspiring.
Join us as Mike shares his compelling story driven by the desire to reclaim his time and prioritize what truly matters. From battling kidney disease at a young age to both him and his wife committing themselves to a journey of financial freedom, through short term rentals.
A former student athlete — tennis player turned golf enthusiast, Mike thrives on the challenges of the game, mirroring his approach to life and business. Despite setbacks, including a career-threatening health scare during college, Mike's tenacity propelled him forward, eventually leading him to a fulfilling career in real estate.
In this episode, Mike delves into the intricacies of real estate investing, emphasizing the importance of having a backup plan and leveraging connections to achieve success. From taking calculated risks to maximizing profits through strategic investments, Mike's insights offer a roadmap for aspiring entrepreneurs.
Discover how Mike's journey unfolded, from a corporate job at Google to embracing the world of real estate full-time with his wife. Learn about the power of timing, connections, and performance-based income in realizing your goals in the dynamic realm of real estate investing.
Moreover, Mike sheds light on the nuances of short-term rentals and co-hosting, sharing tactics for maximizing occupancy and profitability while emphasizing the significance of accessibility for all individuals.
If you're looking to unlock the secrets of real estate success and harness the potential of co-hosting and short-term rentals, this episode is for you.
HIGHLIGHTS OF THE EPISODE:
08:58 Mike talks about why connections are important in real estate investing.
18:18 Mike talks about taking risks and why it's necessary for success in real estate.
KEEPING IT REAL:
05:01 Mike’s journey in real estate and the importance of having a backup plan
10:02 The role of connections and career paths in real estate investing
15:01 The power of timing and connections in achieving success
20:01 Taking risks for success in real estate investing
25:00 Maximizing profits through strategic real estate investments
30:02 Maximizing occupancy and profitability for short-term rentals
35:01 Efficiency, learning from others, and simple math in real estate investing
40:00 The power of performance-based income and its role in achieving goals
45:00 Investing in real estate and starting a co-hosting business
50:00 The value of time and making decisions based on personal desires
55:02 The value of time and its impact on decision-making and strategies
01:00:03 The journey of a successful short-term rental business owner
01:05:00 Improving accessibility for individuals with disabilities in vacation rentals
01:08:24 We are OUT!
CONNECTING WITH THE GUEST
Website: https://www.strsecrets.com/
Linkedin: https://www.linkedin.com/in/mikereilly55/
Instagram: https://www.instagram.com/mikereillync/#ShortTermRentals #RealEstateSuccess #CoHostingTriumph #ConnectionBuilding
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
Welcome to the lab, and today we delve into the realm of short-term rentals and entrepreneurial success with our esteemed guest, Jeremy Werden, Co-Founder of BNBCalc and Host of the Short-Term-Rental Pros Podcast.
Join us as Jeremy takes us on a riveting journey from his humble beginnings as a first-time short-term rental investor to now overseeing a thriving portfolio of 25 Airbnb listings and 7 boats, generating over $1,000,000 in revenue annually.
In this captivating episode, Jeremy shares his remarkable story of building a successful business with minimal startup capital and documenting his journey to financial freedom, amassing a dedicated social media following of over 200,000 enthusiasts along the way.
Jeremy discusses how he navigated the challenges of the pandemic, seizing control of his life and career, and finding innovative ways to test the viability of his ventures before investing. He reveals the secrets behind the success of his summer boat rental venture and his experiences with co-hosting and arbitrage during turbulent times.
Drawing from his expertise in buying and renting properties, Jeremy provides invaluable insights into the profitability and demand for short-term rentals, highlighting them as a pathway to financial independence and generational wealth. He explores emerging trends in the real estate market, including the "silver tsunami" of opportunities and Japan's rise as a global economic leader.
Furthermore, Jeremy shares his entrepreneurial journey in creating BNBCalc, a groundbreaking web application for short-term rental investors, and discusses the transformative power of demographic shifts and business strategies in today's dynamic landscape.
If you're seeking inspiration to take control of your career, explore the lucrative world of short-term rentals, or tap into emerging opportunities in the real estate market, this episode is a must-listen. Tune in now as Jeremy Werden shares his wisdom, experience, and actionable strategies for success in the ever-evolving realm of entrepreneurship and real estate investing!
HIGHLIGHTS OF THE EPISODE:
10:25 Jeremy talks about why you should test the viability of a business before investing
39:47 Jeremy talks about how he created a web app for commercial loans
KEEPING IT REAL:
05:01 Taking control of life and career during the pandemic
10:00 Testing the viability of a business before investing
15:01 The success of a summer boat rental venture
20:00 Co-hosting and arbitrage during the pandemic
25:01 Experience with buying and renting properties
30:02 The profitability and demand for short-term rentals
35:01 The "silver tsunami" of real estate opportunities
40:03 The journey of creating a successful web application for commercial loans
45:00 Opportunities and trends in the short-term rental and real estate market
50:02 Business strategies and demographic shifts
55:02 Japan's rise as a leader in the global economy
01:00:01 Insights from The Economist and Morning Brew discussing success and change
01:03:25 We are OUT!
CONNECT WITH THE GUEST
Website: https://www.bnbcalc.com/
Linkedin: https://www.linkedin.com/in/jmwerden/
Instagram: https://www.instagram.com/jeremywerden/?hl=en
Linktree: https://linktr.ee/STRprospodcast
Youtube: https://www.youtube.com/channel/UCPACQuaK_bLC6molJb4K4kA
Tiktok: https://www.tiktok.com/@jeremywerden
X: https://twitter.com/jeremywerden
ShortTermRentals #RealEstateInvesting #EntrepreneurialSuccess #InvestmentStrategies
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
Welcome to the lab, where we dive deep into the world of real estate investing with our esteemed guest, Jamie Banks, CEO of Radiate Real Estate. As a Medium-Term Rental (MTR) and Multifamily Real Estate Investor, Jamie brings over two decades of expertise managing a portfolio of 20+ properties, all while building efficient systems to maximize returns.
In this captivating episode, Jamie shares her inspirational journey from a period of profound loss to realizing her dream of becoming a successful real estate investor. Despite experiencing multiple personal tragedies between 2017 and 2023, Jamie found solace and purpose in pursuing her passion for real estate investment, propelled by the realization that life is too short not to chase one's dreams.
Drawing from her vast experience, Jamie delves into a plethora of topics, including the keys to success in running a short-term rental business and strategies for scaling a medium-term rental portfolio. She provides invaluable insights into growing a property management business, vetting potential properties, and leveraging data for informed decision-making in the realm of medium-term rentals.
Throughout the episode, Jamie candidly discusses overcoming self-doubt and the pivotal role of mentorship in her journey to success. She reveals her strategies for expanding and scaling a real estate business in today's dynamic market, emphasizing the importance of targeting the right market and criteria for investment properties.
From creative strategies for increasing property value to successful deals with private lenders and sellers financing, Jamie leaves no stone unturned in exploring the myriad opportunities within real estate investment. She underscores the potential of multifamily properties as a long-term investment, highlighting the importance of variety in unit types and taking control of time to achieve success.
If you're looking to unlock the secrets of building a thriving real estate portfolio and learn about the transformative power of perseverance and passion in achieving your dreams, this episode is a must-watch. Don't miss this enlightening episode as Jamie Banks shares her wisdom, experience, and actionable strategies for navigating the ever-evolving landscape of real estate investing. Tune in now and embark on your own journey to financial freedom and fulfillment in the world of real estate!
HIGHLIGHTS OF THE EPISODE:
12:57 Jamie talks about how to grow a midterm rental business
24:10 Jamie talks about why data is important in MTR decision making
KEEPING IT REAL:
05:02 Taking the leap into real estate: A personal journey
10:01 The keys to success in running a short-term rental business
15:00 Strategies for growing a medium-term rental business
20:00 Growing a property management business and tips for vetting potential properties
25:00 The importance of data in decision-making for medium-term rentals
30:01 Underwriting and success in a sub-niche of MTR insurance
35:00 Overcoming self-doubt and finding success in real estate with the help of a mentor
40:01 Strategies for expanding and scaling a business in the market
45:00 Target market and criteria for investment properties
50:00 Strategies for maximizing profits in real estate investments
55:01 Creative strategies for increasing property value
01:00:01 Successful deal with private lender and seller financing
01:05:02 Finding creative opportunities in real estate
01:10:00 The potential of multi-family properties as a long-term investment!
01:15:00 Success in multifamily real estate and the importance of variety in units
01:20:02 Taking control of time to achieve success
01:23:35 We are OUT!
CONNECTING WITH THE GUEST
Website: https://radiatere.com/
Linkedin: https://www.linkedin.com/in/jamie-banks-mba-b491bab5/
Instagram: https://www.instagram.com/jamiebanksrealestate/
Linktree: https://linktr.ee/jamiebanksrealestate
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
Welcome to the lab and today we delve into the world of tax-efficient real estate investing with our esteemed guest, Dave Foster, Founder and CEO of The 1031 Investor. A degreed accountant and serial real estate investor, Dave's quest for reducing taxes led him on a path to becoming a qualified intermediary and consultant for tax-saving strategies such as the 1031 exchange and the section 121 homestead exemption.
In this conversation, Dave shares his journey from fix and flipping in the 90s to becoming a leading authority on tax-efficient real estate investing. He unveils the updated rules and regulations surrounding the 1031 exchange, offering invaluable insights on legally compounding tax interests that remain in your pocket rather than lining the IRS's coffers. Dave expertly breaks down the complexities of the 1031 exchange in layman's terms, making it accessible to all listeners.
Moreover, Dave reveals how he utilized the section 121 homestead exemption to fulfill his dream of living on a boat with his family, relocating from Denver, CO to Tampa, FL over a decade while raising four boys. Through his firsthand experiences, Dave illustrates the practical applications of the 1031 exchange in achieving both financial freedom and personal aspirations.
Discover the benefits of the 1031 exchange in real estate investing, the versatility of this tax-saving strategy, and essential insights on maximizing profits through long-term rental contracts. Dave also shares strategies for minimizing taxes on real estate gains through the 121 exemption rule and navigates the complexities of LLC ownership and tax implications for primary residences.
Don't miss out on this opportunity to learn how to maximize success in real estate investment and 1031 exchanges, and gain valuable insights into planning for future compactions based on Dave's past 22-minute exchange experience.
If you're looking for a way to reduce your taxes and learn about 1031s, this episode is a must watch and be sure to check out Dave's book, "Lifetime Tax-Free Wealth: The Real Estate Investor's Guide to The 1031 Exchange," for further guidance on building wealth through tax-efficient real estate strategies. Tune in now and embark on your own journey to financial freedom
HIGHLIGHTS OF THE EPISODE:
05:08 Dave talks about the benefits of the 1031 exchange
25:10 Dave talks about the 121 exemption rule and how to minimize taxes on real estate gains
KEEPING IT REAL:
05:00 The benefits of the 1031 exchange in real estate investing
10:00 The versatility and benefits of the 1031 exchange
15:02 Understanding the rules and regulations of a property exchange game
20:01 Maximizing profits through long-term rental contracts
25:01 The 121 exemption rule and the 1031 exchange: strategies for minimizing taxes on real estate gains
30:01 LLC ownership and tax implications for primary residence
35:00 Maximizing success in real estate investment and 1031 exchanges
40:02 The importance of planning for compactors and a past experience with a 22-minute 1031 exchange
45:29 We are OUT!
CONNECT WITH THE GUEST
Website: https://www.the1031investor.com/
Linkedin: https://www.linkedin.com/in/davefoster1031/
X: https://twitter.com/DaveFoster1031
Facebook: https://www.facebook.com/the1031investor/
Youtube: https://www.youtube.com/c/The1031Investor
1031Exchange #TaxSavingStrategies #FinancialFreedom #WealthBuilding
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
Join us in the lab and let’s dive into the captivating journey of Christopher A. Panagiotu, author, financial specialist, and host of the CAPitalize Your Finances Podcast.
From a young age, Chris was immersed in the world of investing, igniting a passion that would shape his future endeavors. With an internship at UBS during his college years and a brief stint at Morgan Stanley, Chris quickly realized that his path lay elsewhere. It wasn't until he found his home at Lucia Capital Group in 2015 that his true journey began.
In this episode, Chris delves into a myriad of topics, from exploring retirement and financial literacy alongside industry experts to sharing invaluable insights on navigating the ever-evolving financial market. With a keen eye for opportunity, Chris discusses his approach to building a robust foundation in investing and maximizing profits in the real estate market.
Throughout the conversation, Chris shares his wisdom on understanding "Gap money," the significance of individual stocks in investment strategies, and the role of real estate in retirement planning. Drawing from his vast experience, he highlights the importance of checklists in financial planning and sheds light on the blind spots that individuals often overlook.
If you're looking to unlock the secrets of financial literacy and success, this episode is for you. Tune in now and discover the keys to capitalizing on your financial future !
HIGHLIGHTS OF THE EPISODE:
09:18 Chris talks about the importance of having a strong core framework in investing
02:04 Chris talks about Gap money and capitalizing on your expenses
KEEPING IT REAL:
04:09 Exploring retirement and financial literacy with successful entrepreneurs and experts
05:01 Journey into investing and ownership
10:02 The importance of a strong foundation in investing
15:02 Adapting to the ever-changing financial market
20:02 Understanding "Gap money" and its impact on business success
25:02 Using business knowledge to help others
30:00 Maximizing profits in the real estate market
35:01 Investing strategies and the importance of understanding individual stocks
40:00 Approach to working with clients and their thoughts on real estate as a retirement strategy
45:01 Perspective on real estate and businesses
50:00 Investment strategies and the importance of checklists
55:01 The importance of understanding blind spots in financial planning and future plans for the Capitalized brand
1:00:23 We are OUT!
CONNECT WITH THE GUEST
Website: https://capitalizeyourfinances.com/
Linkedin: https://www.linkedin.com/in/christopher-panagiotu-cfp%C2%AE-crps%C2%AE-13a573176/
Instagram: https://www.instagram.com/capincapitalize/
Linktree: https://linktr.ee/capitalizeyourfinances
Podcast: https://capitalizepodcast.com/
FinancialLiteracy #InvestmentInsights #WealthBuildingWisdom #FinancialEmpowerment
Enroll in Dr. Rachel’s newest Mid-Term Rental Arbitrage Strategy: The MTR Arbitrage Academy (shorttermgems.com)
Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
Reflecting on the STR Wealth Conference in Nashville, Ruben Kanya, host of "The Real Estate Experiment" Show, delves into the insights and key takeaways from this significant gathering of short-term rental industry leaders. Among the highlights, Ruben particularly appreciated the sessions on boutique hotels led by Michael Sjogren and Rich Somers. He views the transition into boutique hotels as a pivotal advancement in a short-term rental investor's career, a step that not only enriches but also paves the way to building substantial wealth through commercial real estate.Noble Crawford's presentation introduced attendees to the potential of leveraging furnished accommodations for government contracts and pilot pads, offering a novel approach to utilizing short-term rental investments. Dr. Rachel Gainsbrugh's session on mid-term rentals resonated with Ruben as well, reinforcing the model he has committed to and seen success with.
However, it was Daymond John's rags-to-riches narrative that made a profound impact on Ruben. John's story, highlighting the power of visualization in achieving success, provided a motivational and inspirational element to the conference, underscoring the importance of having a clear mental picture to guide one's journey to success.
These sessions collectively offered a wealth of knowledge and strategies for short-term rental investors, from diversifying investment approaches to harnessing the power of vision and mental clarity in pursuit of financial growth and stability. Ruben's reflections not only capture the essence of the conference but also serve as a roadmap for others in the industry looking to elevate their investing career and build lasting wealth.
STRWealthConference2024 #ShortTermRentals #RealEstateInvesting
Enroll in Dr. Rachel’s newest Mid-Term Rental Arbitrage Strategy: The MTR Arbitrage Academy (shorttermgems.com)Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
In a reflective episode of "The Real Estate Experiment," Ruben shares insights gleaned from a mid-term rental arbitrage deal that didn't go as planned, emphasizing the importance of learning from setbacks and refining one's approach for future endeavors. Drawing upon the law of polarity, Ruben acknowledges that with every positive outcome, there may also be challenges to navigate. He encourages entrepreneurs, real estate investors, and learners to adopt a scientific mindset, donning their metaphorical "white coat, gloves, and notepad" to conduct experiments in the business world.
The episode underscores the critical importance of proper insurance coverage and well-structured contracts in co-hosting or arbitrage arrangements. Ruben reflects on a specific scenario where timing issues led to complications, highlighting the necessity of setting clear deadlines for contract signing and being prepared to walk away if agreements are not met. Moreover, Ruben stresses the significance of thorough due diligence, direct communication with homeowners, and comprehensive documentation, especially in time-sensitive situations. By sharing these lessons learned, Ruben provides valuable insights to help listeners navigate similar challenges with greater resilience and effectiveness in their own business endeavors.
MidTermRental #Arbitrage #RealEstateInvesting #MidTermRentalInsurance
Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
Join our MTR MARKETING & OPTIMIZATION 2-DAY VIRTUAL BOOTCAMP: https://experimentrealestate.com/mtrbootcamp
In this milestone episode of "The Real Estate Experiment," Ruben Kanya expresses his deep pride in his team at InvestedTalent.com for achieving the remarkable feat of producing their 250th episode. Ruben reflects on the transformative power of building a brand and establishing a digital footprint online. He shares the personal journey that led to the creation of Invested Talent agency, initially born out of his need to produce and repurpose content for educational purposes and social media sharing. This venture has not only provided Ruben with valuable knowledge but has also yielded substantial dividends, including real estate deals.
Ruben openly discusses the initial imposter syndrome he experienced when starting his podcast, emphasizing that the discomfort he overcame is the very catalyst that opened doors he never could have imagined. From building a brand that fosters trust to closing deals and gaining access to influential circles, Ruben attests to the profound impact of his podcasting journey. He encourages those who may be facing similar doubts and uncertainties to recognize that what they fear most could be the key to unlocking their greatest opportunities, whether in real estate, careers, or passion projects.
Ruben's message centers on the belief in the "who not how" philosophy, highlighting that breaking into any industry involves leveraging the power of tools like podcasting. He emphasizes that a podcast is an underutilized secret weapon that can significantly propel one's journey. To further empower individuals in their branding and marketing efforts, Ruben announces an upcoming event—a two-day virtual bootcamp focused on branding and MTR (Mid-Term Rental) marketing and optimization. He encourages his audience to participate, as these events provide valuable insights and resources for personal and professional growth. Interested individuals can find more information about this event on his website, experimentrealestate.com.
In this episode, Ruben's passion and dedication to helping others harness the potential of branding and digital presence shine through, offering listeners a motivating and actionable message to seize opportunities and build their own brands from the ground up without having to be the expert but surrounding yourself with them.
SUBSCRIBE TO OUR CHANNEL FOR MORE INSIGHTFUL CONTENT:
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Instagram: https://www.instagram.com/therealestateexperiment/
Facebook: https://web.facebook.com/therealestateexperiment/?_rdc=1&_rdr
LinkedIn: https://www.linkedin.com/company/the-real-estate-experiment-network
Linktree: https://linktr.ee/therealestateexperiment
brand #digitalfootprint #realestate
Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint Join our MTR MARKETING & OPTIMIZATION 2-DAY VIRTUAL BOOTCAMP: https://experimentrealestate.com/mtrbootcamp
Join our MTR Insurance Network: https://mtrinsurancenetwork.com/join/
Welcome to another episode featuring Bronson Hill, the Founder and CEO of Bronsonequity.com.
Bronson's inspiring journey began as a medical device consultant, driven by the desire to replace his medical sales income with something more passive, he originally aimed to acquire 30 homes for financial independence, his path evolved after reconnecting with a family member immersed in multifamily apartments.
Today, he takes pride in being a multifamily syndicator and investor in many different asset classes. He also guides others in the pursuit of achieving financial independence.
In this episode, Bronson shares insights on taking action, experimenting for success, and embracing the 'Who Not How' philosophy in investment strategies. He delves into his transition from the corporate world to real estate investing, highlighting the significance of leadership and mindset. Discover how Bronson took risks for financial freedom. Bronson also unveils the world of private equity roll-ups in the car wash industry, shedding light on the benefits of this strategic approach. Don't miss this episode packed with wisdom and strategies for achieving financial independence and thriving in the world of real estate and other asset classes.
HIGHLIGHTS OF THE EPISODE:
25:53 Bronson talks about having freedom of time
33:40 Bronson talks about why you should consider going into multifamily and other assets
KEEPING IT REAL:
03:16 Taking action and experimenting for success
05:00 "Who Not How" and Investing Strategies
10:01 Bronson Hill's journey to success
15:01 Transition from working 9 to 5 to Investing
20:00 The importance of being a leader and having the right mindset
25:01 Taking the Risk for Freedom
30:01 Living life to the fullest
35:00 Private Equity Roll-up in Car Washes
40:01 Benefits of the Roll-up Strategy for Car Washes
41:28 We are OUT
NOTABLE QUOTE (KEY LESSONS):
05:17 “Going 10X in your business or in your life is you've got to let go of who you were or who you are now to become who you're going to be” - Bronson Hill
CONNECT WITH THE GUEST
Website: https://bronsonequity.com/
Linkedin: https://www.linkedin.com/company/bronson-equity/mycompany
Facebook: https://www.facebook.com/BronsonEquity
Youtube: https://www.youtube.com/channel/UCc1KYJL8ZjF3GC3Wh5lYNfg
Instagram: https://www.instagram.com/bronsonequity/
Linktree: https://linktr.ee/bronsonequity
SUBSCRIBE TO OUR CHANNEL FOR MORE INSIGHTFUL CONTENT:
https://www.youtube.com/channel/UCS9oPb6VQiE4gzofIP03exQ
FOLLOW ME ON:
Instagram: https://www.instagram.com/therealestateexperiment/
Facebook: https://web.facebook.com/therealestateexperiment/?_rdc=1&_rdr
LinkedIn: https://www.linkedin.com/company/the-real-estate-experiment-network
Linktree: https://linktr.ee/therealestateexperiment
FinancialIndependence #RealEstateInvesting #InvestmentStrategies #DiversifiedInvestments
Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
Welcome to the lab and today we unravel the remarkable journey of Dr. Ifeoma Nnaji, MD, MBA, FAAFP—an Accessibility Consultant and family physician based in the dynamic Atlanta metro area.
Dr. Nnaji even knew in medical school that she did not want to be stuck in the traditional medicine environment. Realizing that, in the world of medicine, she is the human capital, and fueled by a desire to solve the challenge of relying solely on the traditional medical career, Dr. Nnaji shares her journey of seeking multiple streams of income, touching on her initial reluctance, influenced by cultural expectations, and how the changing landscape of medicine urged her to explore alternative paths.
Motivated by her father's success and introduced to the possibilities by Dr. Chau, Dr. Nnaji took the plunge and has since been focused on catering to and solving problems for travelers with physical disabilities
In this episode, Dr Nnaji shares the value of time for family physicians, the personal journey from medicine to entrepreneurship, and her experiences with malaria and polio. She sheds light on the impact of being the oldest sibling, cultural expectations, and the drive to overcome societal limitations for individuals with disabilities. The conversation extends to her role in the rental property industry, maximizing profits in real estate, and the founding of Vida Voyage—a company dedicated to ensuring accessibility for travelers with physical disabilities. Dr. Nnaji's wisdom extends to the challenges faced by individuals with physical disabilities in navigating spaces, the importance of catering to specific populations, and the power of solving problems for positive impact.
If you're seeking inspiration to break free from the traditional career path and move towards financial freedom, Dr. Nnaji's insights will be your guide. Tune in now and unlock the secrets to transition from the 9-to-5 grind to financial independence! Join us on this transformative journey with Dr. Ifeoma Nnaji and discover the keys to unlocking your own entrepreneurial potential!
HIGHLIGHTS OF THE EPISODE:
01:56 Dr. Ifeoma talks about the limitations of a career in medicine
57:29 Dr. Ifeoma about the importance of accessibility and accommodation
KEEPING IT REAL:
05:01 The value of time and the journey of a family physician towards
multiple streams of income
10:01 Personal journey to a career in medicine
15:01 Understanding Malaria and Polio
20:01 The impact of being the oldest sibling and cultural
expectations on decision-making
25:02 Overcoming societal limitations for individuals with disabilities
30:00 The individual's motivation and success in the rental property industry
35:00 Maximizing profits in the real estate market
40:01 Experience with hotel reservations and the
potential for smaller companies to compete
45:00 Exploring service delivery for people with disabilities
50:01 Challenges faced by individuals with physical disabilities in navigating
physical spaces and traveling
55:01 Considerations for catering to a specific population
1:00:00 The importance of accessibility and accommodation
1:05:00 Vida Voyage: A company catering to travelers with physical disabilities
1:10:02 Ensuring accessibility for individuals with physical disabilities
1:15:01 The power of solving problems and making a positive impact
1:19:14 We are OUT!
CONNECT WITH THE GUEST
Email: ifeoma.nnaji@vidavoyage.com
Linkedin: https://www.linkedin.com/in/ifeoma-nnaji-md-mba-faafp-13465042/
RealEstateInvesting #InclusiveTravel #OvercomingLimitations #AccessibleTravels
Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint In a reflective episode of “The Real Estate Experiment,” Ruben delves into how the seven laws of the universe are not only unavoidable but also deeply intertwined with the mid-term rental insurance business. For those attuned to the principles of personal development, Ruben highlights how securing a mid-term rental insurance contract is not a random occurrence but rather a result of these universal laws at play. He draws intriguing connections between the seven laws and the MTR (Mid-Term Rental) strategy:
- Perpetual Transmutation of Energy: Ruben underscores entropy, how bringing order back into your lifes avatar is how you’re highly rewarded and after order by law is disroder and the cycle repeats no different to when a property is cleaned to be found in disorder after a guest stay or being back in disorder after the previous MTR contract.
- Cause and Effect: Ruben discusses how every action and decision within the MTR business has consequences. Recognizing this law prompts strategic thinking and mindful decision-making.
- Vibration: Ruben explores how vibrational frequencies in one’s thoughts and intentions can attract or repel opportunities in the MTR niche. Positive vibrations and alignment with goals can lead to success.
- Polarity: The concept of duality is examined, emphasizing how contrasting aspects within the MTR business, such as challenges and opportunities, are interconnected and essential for growth including a family deciding not to move forward with your property, another deal is always on it’s way.
- Relativity: Ruben emphasizes how relative perspectives play a role in the MTR industry, where success is measured in comparison to various factors including attracting the right avatar base don their pain points, need and availability.
- Rhythm: Ruben discusses how understanding the rhythms and cycles in the MTR business can help in timing decisions and actions for maximum impact.
- Gender: Ruben touches on the most frequently asked questions, ‘how long does it take to land a contract’…the gestation period of every deal is different, mastering the skill and trusting the process is the essence of getting deal after deal.
By linking these universal laws to the MTR strategy, Ruben offers a thought-provoking perspective on how individuals can navigate the industry with a greater awareness of the forces at play. This reflective episode underscores that achieving success in the mid-term rental insurance business is not a matter of chance but a matter of aligning one’s efforts with these fundamental laws of the universe.
FOLLOW ME ON:
Instagram: https://www.instagram.com/therealestateexperiment/
Facebook: https://web.facebook.com/therealestateexperiment/?_rdc=1&_rdr
LinkedIn: https://www.linkedin.com/company/the-real-estate-experiment-network
Linktree: https://linktr.ee/therealestateexperiment
midtermrental #MTR #law
Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint We are back in the lab for a deep dive into the dynamic world of entrepreneurship and real estate. Today, we've got Dave Menapace. – President and Co-Founder of The 5 Star Co-Host with his amazing wife Kim Menapace, a #1 Best Selling Author, Real Estate Investor, STR Co-Host, Coach, and Consultant.
In 2019, Dave started his real estate journey with an Airbnb property in Cape Cod. What started as a way to earn passive income and enjoy a free vacation turned into a whole new career. Today, Dave, along with his partner Kim, manages 2 STRs, 6 long-term rental units, and is the go-to co-host for many New England vacation rentals.
In this episode, Dave talks about his journey – moving from working in healthcare to a full-time real estate gig. Get ready for a look at how he took risks and shaped the mindset needed to navigate real estate.
Dave shares his experiences, giving us the keys to success in short-term rentals. He also dives into financing strategies, like HELOCs and lines of credit. Learn about building a business as an investment, using it for new ventures, and the importance of having a strong support system in business.
Join us for a chat with Dave as he shares wisdom on making decisions, seizing growth opportunities, and helping those without a business background thrive in hospitality.
Dive into this episode and soak in Dave Menapace's wisdom, a pioneer in real estate and entrepreneurship. If you're someone from a W2 looking to break free and move towards financial freedom, Dave's insights will be your guide. Tune in now and unlock the secrets to transition from the 9-to-5 grind to financial independence!
HIGHLIGHTS OF THE EPISODE:
09:57 David talks about the mental framework of taking risks and leaving a stable job for a business venture
26:58 David talks about financial strategies to get into real estate
KEEPING IT REAL:
05:01 From healthcare director to full-time real estate investor
10:01 The power of taking risks and internal mindset in achieving success
15:01 The importance of consistency and earning trust in relationships
20:02 Success in the short-term rental industry
25:02 Maximizing profits through MTR Insurance blueprint
30:00 Exploring financial strategies and options, including HELOCs and lines of credit
35:01 Building a business as an investment and leveraging it for further investments
40:01 The importance of a strong support system in business operations
45:01 Making the right decision and seizing opportunities for growth
50:00 Supporting individuals with no background in operations to succeed
in the hospitality industry
56:45 We are OUT!
CONNECT WITH THE GUEST
Website: https://5strcohost.com/
Linkedin: https://www.linkedin.com/in/davidmenapaceit/
Instagram: https://www.instagram.com/dave_menapace/
Facebook: https://www.facebook.com/MenapaceRealEstate
RealEstateJourney #EntrepreneurshipInsights #ShortTermRentalsSuccess #Airbnb
Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
We are back in the lab and today we dive into the dynamic world of entrepreneurship, real estate, and the midterm rental niche with our guest, William Dotson of Nova Havens.
His entrepreneurial journey sparked from a transformative insight planted by his wife, challenging the conventional 9-to-5 mentality. Recognizing William as a "systems guy," she introduced the idea of entrepreneurship as an unconventional yet structured system, igniting his addiction to understanding the intricacies of various systems, from bookkeeping to asset management.Initially venturing into short-term rentals, specifically navigating the complexities of Southern California's Airbnb market, William turned limited knowledge into success. Currently making moves in the temporary housing space, he stands as a testament to the transformative power of structured nine to fiver embracing new systems & better model for business success.
In this episode, William shares insights on the unconventional path to success in real estate in the mid-term rental insurance niche, the impact of proximity on the perception of reality, the power of mentorship, and finding success in niche markets. Learn about his journey to maximizing profits through strategic property management, and navigating the challenges of the midterm rental insurance market.
Discover the importance of authenticity, understanding the insurance avatar, and successful negotiation in the insurance industry. William sheds light on the multi-dimensional nature of success in entrepreneurship, achieving genuine mentorship, and brand alignment. Explore the power of accountability and community in personal growth and gain a deeper understanding of Nova Havens as a housing solutions provider navigating the rental market.
William unravels the concept of "list selling" and provides invaluable insights into the intricate world of entrepreneurship and real estate. If you're looking to make strides in the midterm rental insurance space and achieve success, this episode is a must-listen, a true embodiment of wat being resourceful and following a proof of concept looks like to achieve success. Tune in now to elevate your understanding and embrace the endless possibilities of new systems in your entrepreneurial journey — specifically in the mid-term rental insurance niche!
HIGHLIGHTS OF THE EPISODE:
14:23 William talks about changing one’s perception by being in proximity to someone
who thinks completely different
1:00:25 William talks about the role of genuine mentorship and brand alignment in success
KEEPING IT REAL:
05:00 The unconventional path to success in real estate
10:01 The impact of proximity on perception of reality
15:00 The power of mentorship and finding success in niche markets
20:02 Journey to joining Ruben's mentorship program
25:02 Maximizing profits through strategic property management
30:00 Networking and business strategies in the real estate industry
35:00 Navigating the midterm rental insurance market
40:00 Discovering and utilizing one's unique advantage
45:03 The importance of authenticity and understanding others in achieving success
50:01 Successful negotiation in the insurance industry
55:00 The multi-dimensional nature of success in entrepreneurship
1:00:00 Achieving success through genuine mentorship and brand alignment
1:05:00 The power of accountability and community in personal growth
1:10:02 Nova Havens: A housing solutions provider navigating the rental market
1:15:01 The concept of "list selling"
1:17:54 We are OUT
CONNECT WITH THE GUEST
Website: https://www.novahavens.com/
MidtermRentalInsuranceInsights #TemporaryHousing #RealEstateSuccess #EntrepreneurshipJourney
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
MTR Insurance Network: https://mtrinsurancenetwork.com/
Step into the lab with us as we unveil our Midterm Rental Insurance Roundtable Secrets in today's episode. We've gathered insights from the industry's top leaders, providing you with an exclusive peek of how you can stay ahead in your 2024 strategy. Insider information goes a long way to best position yourself to accelerate growth and profitability in 2024. You’ll want to tune into these experts as they share their mid-term rental secrets roundtable-style.
In our quest to bring you the most accurate and valuable information, we've convened a Roundtable with experts who navigate this dynamic landscape daily. In this exclusive roundtable discussion, we have
Jesse Vasquez
With 17 years in Healthcare Sales, Marketing, and Business Development, Jesse Vasquez is the Founder and CEO of AirVenture Academy.
Sarah D Weaver
A multi-faceted professional, Sarah Weaver excels in coaching, public speaking, real estate investing, and writing.
Dr. Rachel Gainsbrugh
As the CEO of Short Term Gems, Dr. Rachel Gainsbrugh is a prominent figure in real estate, contributing to the Bigger Pockets blog and featuring on over 30 podcasts.
Jamie Banks
The CEO of Radiate Real Estate, Jamie Banks transitioned from a W2 job in commercial real estate to become a full-time real estate investor.
Tanishia Epps Spencer
With a 20-year background in insurance, Tanishia Epps Spencer is a Real Estate Investor and Mid-Term Corporate Rental Specialist.
Vivian Yip
Founder & CEO of Corporate Rentals USA by Hestia, Vivian Yip is a real estate investor specializing in mid-term rentals, house flipping, and acquisitions.
In this episode, our expert roundtable delves into key topics shaping the midterm rental insurance industry. We explore strategies for optimizing marketing and branding, offer insights into providing temporary housing solutions for families, and analyze the impact of AI solutions on the midterm rental market. The discussion also covers targeted approaches like focusing on interested homeowners in Arbitrage, the influence of the rental market on business strategies, and practical tips for maximizing profits in the short-term rental market.
HIGHLIGHTS OF THE EPISODE:
20:46 On the importance of sticking to what works and providing high-quality service to stand out in the competitive market
29:54 Ways to improve listing descriptions to attract mid-term rental guests.
KEEPING IT REAL:
00:00 Strategies for optimizing marketing and branding in the midterm rental insurance industry
05:00 The potential for investors to provide temporary housing for families
10:01 The impact of Al Solutions on the midterm rental market
15:02 The potential impact of targeting only interested homeowners in Arbitrage
20:02 The impact of the rental market on business strategies
25:01 Maximizing profits in the short-term rental market
30:01 Improving listing descriptions for mid-term rental properties
35:00 Exploring innovative business models in the midterm rental industry
40:01 Strategies for success in the short-term rental industry
45:00 Innovative strategies for real estate investors
50:00 The potential of podcasting in the real estate industry
CONNECT WITH THE GUESTS:
Jesse Vasquez
Linktree: https://linktr.ee/Airventurehostingco
Sarah D Weaver
Website: https://www.sarahdweaver.com/trips
Dr Rachel Gainsbrugh
Website: https://www.shorttermgems.com/
Dr. Rachel’s Mid-Term Rental Arbitrage Strategy: https://www.shorttermgems.com/arbitrage
Jamie Banks
Website: https://radiatere.com/
Tanishia Epps Spencer
Linktree: https://linktr.ee/tanishia
Vivian Yip
Website: https://corporaterentalsusa.com/
Linktree: https://linktr.ee/vivianyip
#MidtermRentalInsurance #TemporaryHousingSolutions #RealEstateInnovation #AISolutionsInRealEstate
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
Enroll into Dr. Rachel’s newest Mid-Term Rental Arbitrage Strategy: https://www.shorttermgems.com/arbitrage
Dr. Rachel Gainsbrugh returns to the lab since her last stint in episode #181 with a refined brand and mission with her two door strategy helping investors reach financial freedom with less properties not more. Dr. Rachel CEO of Short Term Gems and a recovering Pharmacist has revolutionized the landscape of luxury short-term rentals alongside helping investors net the largest profit margins seen to date nationwide with her mid-term rental insurance strategy. Her concierge coaching program niches into helping other medical professionals like herself breakthrough into the space to completely transform their financial outcome.
As a sought-after figure in the real estate realm, Dr. Rachel Gainsbrugh wears many hats. Not only is she a contributing writer for the Bigger Pockets blog, but she has also graced the airwaves of over 30 podcasts, sharing her expertise on platforms like Thanks for Visiting, InvestHER, and The Short Term Show. Recently, her luxury short-term rental was selected for a Netflix special, adding another feather in her cap.
In this episode, Dr. Gainsbrugh pulls back the curtain on her unique approach to rental investing, focusing on quality over quantity. She shares insights on the mental framework that "10x is Easier Than 2x Training," goal-setting with the two-door strategy, and how strategic real estate investing can pave the way to financial freedom.
Dr. Gainsbrugh peels back the onion on evaluating activities and properties for a 10x goal, reveals the secrets of luxury travel experiences, and provides a deep dive into understanding insurance claims. Learn about the CROW Method for your real estate investing strategy to maximize and accelerate your success in short-term and midterm rentals.
If this wasn't enough, Dr. Rachel and Ruben together are building the number 1 Mid-Term Rental Insurance network in the nation connecting relocation specialist and insurance companies to investors. Together they both have the pleasure of coaching students and hosting retreats to help accelerate the success of other investors.
If you're looking to create a profitable income stream and achieve full-time freedom through rental investing, Dr. Rachel Gainsbrugh provides a very straightforward roadmap in this episode. Tune in now to see how Rachel’s mid-term & short-term gems can turn into your successful experiments.
HIGHLIGHTS OF THE EPISODE:
10:21 Dr. Rachel talks about real estate as a path to financial freedom
51:16 Dr. Rachel talks about Strategies for Short-Term and Midterm Rental Success
KEEPING IT REAL:
03:26 10x is Easier Than 2x Training
05:00 Setting goals and the two-door strategy
10:01 Real Estate: A Path to Financial Freedom
15:00 Evaluating activities and properties for 10x goal
20:01 Luxury Travel Experiences
25:00 Understanding Insurance Claims
30:02 The CROW Method for Real Estate Investing
35:00 Investing in Real Estate
40:01 Midterm rental insurance: Maximizing occupancy and profitability
45:02 Navigating Real Estate Regulations
50:01 Strategies for Short-Term and Midterm Rental Success
55:00 Understanding Supply and Demand in the Hospitality Industry
1:00:00 Benefits of investing in four bedroom properties
1:05:00 Leveraging opportunities with Mid Term Rental Arbitrage
1:10:01 Leveraging strategies to make something happen
1:15:01 Podcasting for Real Estate Investors
CONNECT WITH THE GUEST
Website: https://www.shorttermgems.com/
Linkedin: https://www.linkedin.com/in/dr-rachel-gainsbrugh/
Instagram: https://www.instagram.com/short.term.gems/?hl=en
Facebook: https://www.facebook.com/rachel.gainsbrugh/
MidTermRentalInsurance #ShortTermRentals #MidtermRentalArbitrage #LuxuryRentals
Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
If you missed the MTR Wealth Retreat, join the 6-Figure MTR Workshop with Ruben Kanya and Dr. Rachel Gainsbrugh: https://experimentrealestate.com/mtrworkshop
In a dynamic collaboration with Dr. Rachel Gainsbrugh and the Short Term Gems Team, Ruben co-hosted the highly anticipated Mid-Term Rental Wealth Retreat in the picturesque setting of Destin, Florida. The retreat kicked off with Ruben’s engaging session titled “Unlocking Your 10x Potential,” designed to empower investors with the mindset shift needed to transform their lives.
The Mid-Term Rental Wealth Retreat emerged as a perfect haven for investors seeking to explore the powerful “two-door strategy,” a fusion of short-term and mid-term rental approaches aimed at achieving financial freedom. The intimate nature of the retreat allowed participants to delve deep into insider information and gain a competitive edge. From the nuances of analyzing short-term rental markets using key metrics like annual rental revenue as a percentage of property value and the 50% occupancy rule, to valuable insights on design, profit strategies, and the innovative C.R.O.W. method (Connections, Recommended Professionals, On Trend, Word of Mouth), attendees left equipped with a comprehensive toolkit to excel in the marketplace.
This episode serves as a unique opportunity for those curious about the Mid-Term Rental Wealth Retreat to get an insider’s feel for the event. Tune in to gain a sneak peek into the wealth of knowledge, networking opportunities, and transformative experiences that await participants in this exclusive retreat.
MTRWealth #MTRWealthRetreat #MTR
Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint Today, in the lab we explore the world of short-term rentals with Kyle Stanley, a former sports broadcaster turned investor with a niche in short-term rentals. As the host of The Fearless Investor Podcast, Kyle shares his experiments Co-hosting a portfolio of 50+ short-term rental properties in Fresno, CA, Kyle built a 6-figure business in one year, reaching 7-figures by year two.
Kyle discusses his journey from struggling entrepreneur to building a well-oiled machine that has given him the ability to scale today. Drawing lessons from his sports background, he explores the connections between sportsmanship and real estate. From renting out houses on Airbnb to evaluating long-term rentals, Kyle delves into the details of successful real estate investing.
Discover the strategy of buying on terms, offering flexible options for savvy investors. Kyle provides insights into understanding the nuances of the Fresno real estate market, guiding through this dynamic landscape. Learn the principles of taking responsibility and embracing risks in real estate investing as Kyle Stanley provides a roadmap to triumph in this ever-evolving industry.
If you’re looking to build and scale a co-hosting business the way Kyle has, you’ll want to Tune in now to glean insights from Kyle's approach to both entrepreneurship and real estate.
HIGHLIGHTS OF THE EPISODE:
07:37 Kyle talks about figuring ways to find real passive income
26:34 Kyle talks about long-term rental as a backup plan
KEEPING IT REAL:
05:00 Struggling Entrepreneur to Passive Income
10:01 Lessons from Sports
20:00 Renting out a house on Airbnb
25:01 Evaluating the potential of a long-term rental
30:00 Buying on Terms: Options for Real Estate Investors
35:00 Understanding the Fresno Real Estate Market
40:00 Successful Real Estate Investing
45:00 Taking responsibility and taking risks in Real Estate Investing
48:08 We are OUT
CONNECT WITH THE GUEST
Website: https://fearlesskyle.com/
Linkedin: https://www.linkedin.com/in/kyle-stanley-b0a4a487/
Instagram: https://www.instagram.com/fearlesskyle/
Facebook: https://www.facebook.com/kyle.stanley.750
RealEstateInsights #InvestmentJourney #FearlessInvesting #Airbnb
In his live training session at the MTR Wealth Retreat in Park City, Utah, Ruben Kanya, the host of "The Real Estate Experiment," delved into the pivotal concept of unlocking one's 10x potential for exponential growth and impactful transformation in the realm of midterm rental real estate. He emphasized that before implementing any strategies or insights for scaling operations and maximizing revenue with fewer properties, a fundamental shift in mindset is essential. Ruben stressed the importance of embracing a new paradigm, one that opens the mind to possibilities beyond the conventional.
Central to Ruben's training was the idea of recoding one's mental software, or paradigm. He highlighted that genuine quantum leaps in success start at the subconscious level, much like any profound transformation. Ruben underscored the difference between merely acquiring knowledge and integrating it into the subconscious, making it an automatic part of daily habits. He asserted that without this critical step, new information remains inert and unable to drive meaningful change.
Ruben likened a paradigm to a collection of fixed ideas in the subconscious mind, which manifest as habits. He explained that a habit is essentially an idea that expresses itself without conscious thought. Many participants at the retreat experienced a paradigm shift through the training, but Ruben emphasized that, like a muscle, it must be continuously worked on to solidify the transformation. He encouraged his audience to revisit and listen to the training repeatedly, allowing it to become an integral part of their new paradigm for success in the world of midterm rental real estate. This episode serves as a valuable resource for those seeking to unlock their 10x potential and drive exponential growth and impactful transformation in their real estate endeavors.
In a captivating episode of "The Real Estate Experiment," Ruben Kanya takes his audience on a journey through his recent role as a speaker at the MTR Wealth Retreat, a prestigious event hosted by Dr. Rachel Gainsbrugh. This retreat, co-led by Ruben and his partner Dr. Rachel Gainsbrugh, brought together a community of like-minded investors eager to dive deep into the world of midterm rentals. The central theme of their presentation was a paradigm shift in how investors approach generating more profit with fewer properties.
Ruben's recap of the event begins with a profound insight on the power of "recoding your software," which he aptly describes as one's paradigm. He underscores the importance of not just learning new concepts but embedding them deep within the subconscious, making them an integral part of daily habits. Ruben passionately explains that without this crucial step, new knowledge remains inert, unable to drive transformation in one's actions and results.
Throughout the episode, Ruben offers glimpses into the pivotal role that this paradigm shift played during the MTR Wealth Retreat. He reveals how he introduced this concept as one of the foundational pillars on the very first day for the VIP attendees. Ruben firmly believes that this mental shift is the cornerstone upon which all other strategies and insights can be built, fostering a mindset of adaptability, innovation, and success.
Ruben's recounting of the event is not just an informative recap but also an inspiring call to action for his listeners. He encourages them to embrace the power of recoding their own software, emphasizing that true growth and success in the world of midterm rentals come not just from acquiring knowledge, but from integrating it into one's very being. As he concludes the episode, Ruben leaves his audience with the belief that by making this paradigm shift, they can embark on a journey of profitable, purposeful, and transformative real estate investments.
Register in advance for my next webinar here: https://us02web.zoom.us/webinar/register/WN_j6t6NrMMSO2UcspLKD6N_g#/registration
Join Our Midterm Rental Network: mtrinsurancenetwork.com
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mtr #realestate #mtrwealthretreat
We are back with another episode where we sit down with Caleb Johnson as he talks about mentorship and real estate. Caleb is the founder of Red Sea Capital and the host of the podcast "From Trial to Triumph. Drawn to the potential of real estate to offer financial freedom, Caleb embarked on a journey that saw him evolve from a determined 19-20-year-old seeking to house hack, to the accomplished entrepreneur he is today.
Caleb's passion for real estate led him to connect with a mentor who was already 6-12 months ahead in the same field. Caleb offered his time and dedication in exchange for mentorship. His commitment was proven through reading books and absorbing educational videos, demonstrating his unwavering dedication to growth. Today, Caleb's portfolio boasts a collection of multi-family apartment buildings, reflecting the culmination of his journey. He has also developed a proprietary "secret sauce" that has played a pivotal role in his achievements in the real estate market. He encourages others to take bold action and glean insights from accomplished investors.
In this episode, Caleb talks about real estate and mentorship. Discover how Offering Time to Find a Mentor has been a pivotal step in his journey, propelling him from an aspiring investor to a seasoned entrepreneur. Caleb recounts his realization of the untapped potential within real estate investing. Venturing into the dynamic realm of the commercial real estate space, Caleb opens up about his transition from apartments to partnership – a move that brought a new dimension to his investment strategy. He unveils the strategies he employed in optimizing operational efficiency by finding the right Property Managers. But it's not just about properties; it's about people. Caleb passionately discusses the paramount role of relationships in this industry. From Property Managers and Building Relationships to the wider importance of Connecting with People, Caleb draws on his experiences to underscore the value of genuine connections.
Tune in to this insightful episode to glean invaluable insights from Caleb's journey, and learn how time, mentorship, and fostering meaningful relationships can be the bedrock of success in the dynamic landscape of real estate. Don't miss out on this enlightening conversation!
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
HIGHLIGHTS OF THE EPISODE:
11:13 Caleb talks showing dedication and commitment by offering time
55:31 Caleb encourages people to not isolate themselves and to learn from anyone, regardless of their background.
KEEPING IT REAL:
10:00 Offering Time to Find a Mentor
15:00 Realizing the potential of real estate investing
20:01 Investing in Commercial Real Estate
25:00 Exploring the mid-term rental insurance space*
30:00 Caleb's transition to apartments and partnership game
35:00 Investing in Real Estate
40:01 Finding a property manager for an apartment complex*
45:01 Investing in single family homes/apartments
50:00 Property managers and building relationships
55:00 The importance of connecting with people
59:51 Connecting with Caleb
01:00:32 We are OUT!
NOTABLE QUOTE (KEY LESSONS):
11:02 “Finding someone that is just a little bit ahead of you is gonna get you a lot further and probably save you a lot more money than going to the top dog.” - Caleb Johnson
CONNECTING WITH THE GUEST
Website: https://redseacapitalgroup.com/
Linkedin: https://www.linkedin.com/in/caleb-johnson-7b7300205/
Youtube: https://www.youtube.com/@calebjohnson331
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts
Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment
Get our international best-seller book, Hospitable Hosts: https://amzn.to/3e4LEhE: https://amzn.to/3e4LEhE
Commercialrealestate #RealEstateInvesting #Mentorship #PropertyManagers
In a captivating episode of "The Real Estate Experiment Show," hosted by Ruben Kanya, a crucial distinction is drawn between those who continuously search for the "best" market to operate midterm rentals with a focus on insurance, and those who have unlocked a key insight. Ruben boldly reveals the answer that countless investors have been tirelessly searching for across the vast expanse of the internet. This revelation centers around the question that often holds back investors from taking the plunge and which frequently leads to analysis paralysis. In this enlightening episode, Ruben adeptly guides listeners towards the answer that holds immense significance for both short-term and midterm rental operators.
Ruben dismantles the notion of the "best" market as a one-size-fits-all solution and unveils the pivotal question that investors should be focusing on instead. He delves into the psychological barriers that this question can erect, leading to hesitation and uncertainty. Through insightful anecdotes and real-world examples, Ruben not only dispels the myth of a universally ideal market but also empowers listeners with a paradigm shift in their approach to market selection.
Drawing from his deep well of experience, Ruben offers practical advice and strategies for investors to overcome the analysis paralysis associated with market selection. He provides a holistic perspective that balances market fundamentals with individual preferences and investment goals. By the episode's conclusion, listeners are armed with a newfound clarity that can propel them towards making informed decisions and taking confident steps in the dynamic world of midterm rentals.
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts
MTR #RealEstate #MTRInsurance
Join us in this episode as we sit down with Vlad Arakcheyev, a dynamic figure in the world of real estate investing. Vlad's journey began as a graphic designer in an advertising agency, finding contentment in his work until the unforeseen impact of the COVID-19 pandemic reshaped his life. Faced with uncertainty and financial challenges, Vlad seized the opportunity for change with the support of his wife, diving headfirst into the real estate world.
With over a decade of experience, Vlad is now an active investor, co-sponsor, and JV partner in an impressive portfolio of 500+ multifamily units and land developments, boasting a multimillion-dollar success. His expertise shines in sales, marketing, direct efforts, and the acquisition of distressed and off-market properties. Throughout the episode, Vlad reveals his strategies for successful acquisition negotiations and creative financing.
We delve into his inspiring transition from a graphic designer to a thriving real estate agent in New Jersey. Vlad shares valuable insights on the importance of making quick decisions and embracing the right partner's support to flourish in the real estate industry. He opens up about mindset and breaking through limiting beliefs, which propelled him towards his primary focus today: multifamily syndications and GV opportunities.
As Vlad navigates us through his journey, he elaborates on the benefits of the Texas market and the significance of building a robust network, seeing competition as potential collaboration partners. Throughout his experiences, one message remains consistent: the power of taking action and embracing the true wealth found in the freedom of time.
Don't miss this episode filled with wisdom and actionable advice from a seasoned investor who has discovered the keys to success in real estate. Tune in now to learn from Vlad Arakcheyev's remarkable story and discover how you, too, can create your path to prosperity in the multifamily investing landscape!
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
HIGHLIGHTS OF THE EPISODE: 11:32 Vlad talks about making quick decisions in real estate. 22:22 Vlad talks about the importance of mindset and working on limiting beliefs.
KEEPING IT REAL: 04:45 Life before real estate 06:32 Pause and look at multifamily 09:24 Realtor license 11:32 Making quick decisions in real estate 14:18 Having a partner who's supportive and in all alignment 16:43 From flipping to passive income 22:22 Working on mindset and limiting beliefs 26:33 Practicing on other markets 28:25 Insights on Why Texas is a great market 31:16 Finding your market 32:32 No competition only potential partners 39:51 Improving your network through consistency 41:31 Learn sales and marketing 45:45 Explain everything in a simple way 49:19 Educating others to invest 54:08 You need to take action 57:03 True wealth is freedom of time 01:02:22 Deals owned and partnerships 01:05:54 Activities that allow for reading character and building trust 01:07:57 Core competencies partners can rely on 01:15:22 Closing
NOTABLE QUOTE (KEY LESSONS): 23:11 “Your mind is the only thing that's limiting you.” - Vlad Arakcheyev
CONNECTING WITH THE GUEST Website: https://zontikventures.com/ Linkedin: https://www.linkedin.com/in/vladarakcheyev/ Facebook: https://www.facebook.com/Vlad.Arakcheyev1/ Instagram: https://www.instagram.com/vlad_arakcheyev/ Tiktok: https://www.tiktok.com/@best_apartment_advice
Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment Get our international best-seller book, Hospitable Hosts: https://amzn.to/3e4LEhE: https://amzn.to/3e4LEhE
Multifamily #FinancialFreedom #Passiveincome #Realestateinvesting
Today we bring you Andy Gurczak, founder and CEO of All City Adjusting to walk us through the behind the scenes process of how to get top dollar when filing a claim as policy holder in a trillion dollar industry.
With over a decade of experience, Andy specializes in helping people get what they deserve from their insurance claims. Andy reminds us that the Insurance companies are not your friends and thus, public adjusters are there to represent you the same way you it would be in your best interest to hire a lawyer when going to court or realtor when buying real estate. Working with a professional can assure you have maximum coverage.
This episode is timely as we see a growing niche in the midterm rental space (the way we do so in the lab) it’s critical for us to understand what the insurance adjusters are looking for in a claim that will determine if the claim is approved and if it is approved, how much dollar will be covered on a case by case. A public adjuster helps the policy holder get the top dollar that they deserve which essentially means you as investor get more coverage or as a midterm rental operator can get top dollar for your rentals.
Andy covers the full behind the scene gambit coming from the construction and restoration industry, he found his true calling in public adjusting, thanks to Herb Johnson, a pioneering African American public adjuster.
In this episode, Andy talks about why it's crucial to hire a public adjuster when dealing with insurance claims. He's passionate about advocating for the insured and getting them the most out of their claims. Andy also shares common problems homeowners face with insurance companies and offers useful tips for navigating the claims process successfully.
Additionally, he highlights the value of building strong relationships with insurance agents, restoration companies, and others in the industry. Tune in now for timely advice and insights that we certainly need to know especially for those tapping into the midterm rental insurance industry to help you and your clients get top dollar for their insurance claims.
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
HIGHLIGHTS OF THE EPISODE:
32:48 Andy talks about being cautious with what you say to insurance companies
57:11 Andy talks about calling your Public Adjuster first
KEEPING IT REAL:
04:18 Andy's background
06:16 Introduction to the insurance space
08:35 Helping the insured
15:25 Working with relocation companies
18:59 Do insurance companies talk to homeowners or a
manager that has a large portfolio?
19:44 Why insurance companies say no
27:54 How to get in touch with a public adjuster
29:41 Overturning a denied claim
34:32 Call the public adjuster first
39:23 You must have a public adjuster on your team
41:12 A public adjuster's business model
44:03 What a PA will do for you
48:22 What your PA wants you to stop doing
50:58 Where insurance claims happen the most
54:42 Building relationships with key players in the industry
56:30 Work with a PA, claim more money
01:02:11 We are OUT!
NOTABLE QUOTE (KEY LESSONS):
40:01 “Not having a PA is like not having an attorney” - Andy Gurczak
CONNECTING WITH THE GUEST
Website: http://www.allcityadjusting.com
Linkedin: https://www.linkedin.com/in/andy-gurczak-528b9b64/
Facebook: https://www.facebook.com/allcityadjusting/
Personaladjuster #Insurance #Claims #RelationShipbuilding
Welcome to another episode where we explore commercial real estate asset classes with Stewart Heath, the CEO of Harvard Grace Capital, a private equity real estate investment firm that focuses on commercial properties in the Tennessee Valley area.
Stewart's journey began as a certified public accountant (CPA), following in the footsteps of his father. However, an epiphany moment made him realize that the traditional accounting model was not the path to building wealth and generating recurring income.
Stewart is currently focused on building wealth and generating steady income through his investment portfolio at Harvard Grace Capital. He is always on the lookout for new opportunities and maintains strong relationships with loyal investors. What sets him apart is his hands-on approach to managing properties, ensuring that he fulfills his promises to investors. Stewart's dedication and industry connections contribute to his ongoing success in the finance world.
In this episode, we'll hear Stewart's story of going from a CPA to a successful real estate investor. He emphasizes the importance of building wealth and earning consistent income through real estate investments. Stewart stresses the need to have capital reserves for long-term financial security. He also talks about the benefits of taking control of investment decisions, vertical integration of property management and focuses on commercial properties like multifamily, storage, office, and industrial assets. He shares insights on the storage industry's demand for storage units and highlights the advantages of investing in medical office buildings and stable industries. Tune in to gain invaluable insights and learn how you can build wealth and secure a prosperous future in the commercial space with strategic real estate investments. Don't miss out!
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
HIGHLIGHTS OF THE EPISODE:
21:29 Stewart talks about why it’s important to keep making new relationships and maintaining current ones
57:11 Stewart talks about never underestimating the need for capital reserves
KEEPING IT REAL:
06:16 The epiphany moment
09:41 Making a lot of money as a CPA
11:29 Why not build a PWC firm
16:08 Transition to larger deals
18:10 Partnership structure at Harvard Grace Capital
19:33 Structuring a deal
21:25 Building a network and raising capital
28:02 Putting in three x more time on property management
30:38 A focus on commercial real estate
32:27 Automating storage facilities
40:27 Metric that tells where storage is needed
45:14 Other commercial assets
49:41 Mixing different businesses
52:31 Structure when buying a multi tenant building
57:11 Key insight you wish you knew earlier
59:33 Good rule of thumb for net operating income
01:01:04 Closing
NOTABLE QUOTE (KEY LESSONS):
“Whoever your tenants, whatever business your tenant is in, you're in that business as well” - Stewart Heath
CONNECTING WITH THE GUEST
Website: https://harvardgracecapital.com/
Linkedin: https://www.linkedin.com/in/stewartoheath/
https://www.linkedin.com/company/harvard-grace-corporation/
Facebook: https://www.facebook.com/harvardgrace
Youtube: https://www.youtube.com/channel/UCFArB2KXaBlxNJ7LKjP1Qow
Commercialrealestate #RealEstateInvesting #SelfStorage #WealthBuilding
It's all about multi-family, money lending in this market cycle and real estate in today’s episode with Will Matheson, a multifamily subject matter expert investor, managing partner and co-founder of Matheson Capital.
Before starting Matheson Capital, Will Matheson and his twin brother Evan were nearing the completion of their Masters in Real Estate Development program at Columbia University in late 2017. During this time, Will worked as a broker at Marcus & Millichap in Raleigh, NC, where he was part of a successful team in the region. They faced a crucial decision: either follow the traditional corporate path or start their own company. Despite having little experience, no proven track record, and limited funds, they took a risk and chose to establish their own company. With their focus on smaller properties that needed improvement and short-term investments, Matheson Capital made several successful acquisitions in the multifamily and student housing sectors over the next five years, amounting to a value of over $100 million.
In this episode, Will Matheson shares valuable insights on various subjects. He discusses the significance of having the right mindset, highlights the best opportunities for lending money, shares his experiences in raising capital and determining interest rates. He also talks about his remarkable achievement of raising $1 million at the age of 23 and emphasizes the importance of building a strong track record through strategic acquisitions. Will delves into the topic of partnerships and attracting new investors, while also explaining how to effectively communicate investment structures. He offers insights on structuring deals for larger projects and explains why opting for a floating interest rate can be advantageous. Additionally, he provides guidance on dealing with distressed deals and shares his exciting plans for the future. If you're into multifamily or real estate you cannot miss this episode. Join us, tune in and gain valuable knowledge and inspiration from Will Matheson's experiences in the real estate industry!
Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint
HIGHLIGHTS OF THE EPISODE:
23:40 Will talks about starting small and raising money from your closest networks
31:35 Will talks about the timeline for buying and selling small properties efficiently
KEEPING IT REAL:
06:33 The mindset
08:37 Level of foundation at Marcus and Millichap
10:39 Deciding which deals to lend money to
12:50 The process of raising capital and interest rates
18:28 What started the first deal
22:31 Raising a million dollars at 23
26:16 Building a track record and strategic acquisitions
27:48 Partnerships and inviting new investors
31:01 Type of assets bought before
35:34 Growing an asset vs living off of the model
38:03 Communicating the structure to an investor
46:30 Structure for bigger deals
53:10 Financing and where we are now
59:45 Why take a floating rate
01:04:17 What an operator should do with distressed assets
01:06:39 Foot on the gas or brakes and products to look for in the marketplace
01:10:06 Where to take things next
NOTABLE QUOTE (KEY LESSONS):
25:01 “Go to the network that's closest to you when you're starting because it's not that no one wants proof of concept, but the people you're closest to you have the most credibility with, they're gonna wanna see you succeed.” - Will Matheson
CONNECTING WITH THE GUEST
Website: https://www.mathcap.com/
Linkedin: https://www.linkedin.com/in/wlmatheson/
Facebook: https://m.facebook.com/profile.php?id=100075788478531&_rdr
Multifamily #Moneylending #Growth #Shortterminvestments
In a thought-provoking episode of "The Real Estate Experiment," host Ruben Kanya dives deep into the significance of striking a balance between automations powered by artificial intelligence (AI) and the human element in real estate ventures. Ruben emphasizes that it's not a matter of choosing one over the other but rather understanding when to leverage both to maximize results in all real estate experiments.
Ruben begins by explaining that while AI and automation can streamline processes and increase efficiency, they should never replace the human touch. He highlights the importance of maintaining a personal connection with clients and tenants, as this human element fosters trust, understanding, and a sense of care that technology alone cannot replicate.
To illustrate his point, Ruben provides everyday examples where combining AI with the human element can be immensely valuable. He discusses how implementing automated systems for customer inquiries and support can provide quick and efficient responses, ensuring a seamless experience for potential tenants.
However, Ruben stresses that when it comes to more complex inquiries or issues, a personal touch is essential, such as engaging in live chat conversations or offering personalized assistance to address specific concerns.
Ruben also explores the role of AI in marketing campaigns. He acknowledges that automation can be highly effective in reaching a larger audience, managing advertising campaigns, and analyzing data to optimize marketing strategies. However, Ruben emphasizes that the human touch is critical in crafting compelling narratives, understanding the emotional needs of potential tenants, and building authentic connections through personalized communication.
Ruben concludes by highlighting that successful real estate experiments require a harmonious blend of AI automation and the human element. He urges listeners to embrace technological advancements and leverage automation to enhance efficiency and reach, but always with the understanding that the human touch is irreplaceable when it comes to building trust, providing personalized support, and fostering genuine connections.
By striking the right balance between AI and the human element, real estate professionals can create exceptional experiences for their clients and tenants. Ruben's insights serve as a reminder that while technology can undoubtedly enhance operations, the human element remains the cornerstone of successful real estate ventures.
Get Your MTR Insurance blueprint: https://experimentrealestate.com/#blueprint Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment Hospitable Hosts book: https://amzn.to/3e4LEhE Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0
AI #Autimation #HumanTouch
Mark Simpson has been in the lab with us 3 times now, which is an-all time record for all the guests we’ve had in the lab and there’s a reason for this. Mark is the reason why short term rental operators go from solely depending on Airbnb to flipping their direct booking ratio to become a real business by building true fundamentals that allow you to control your business i.e. think list from the people that come in through your doors night in night out. Mark is the reason why your host truly – Ruben Kanya’s operation has gone from 80% dependent on airbnb to 80% direct bookings in a year, as investedescapes.com is proudly built on boostly.uk.com.
Mark previously appeared in episode #130 and was also in the Nashville Summit recap in episode #227. In each episode Mark always empowers the short term/vacation rental operator next door, giving them the tools to take control of their business by building a real brand to grow your business. In this episode, Mark doesn’t shy from doing this yet again but focuses on the operations side of the business by leveraging AI.
Recognizing the power of AI, Mark emphasizes the need to leverage these resources to continue to build an independent online presence alongside utilizing OTAs. This philosophy underpins the ‘book direct’ movement he’s been on to continue to empower entrepreneurs to take charge of their businesses and secure bookings directly in a more effective way than we’ve ever seen before.
Through Boostly which has now evolved into a software as a service product, Mark is dedicated to equipping property owners and hosts with the knowledge, tools, and strategies to safeguard & explode their businesses. His mission is to foster confidence and guide them towards thriving in the industry by embracing the transformative potential of the booking direct approach and blueprint. If you’ve heard of AI, need a marketing & branding masterclass and an up-to-date market refresh all in one…as a short term/vacation rental operator and/or business owner, you’ll certainly not want to miss this episode.
Join us as we gain valuable insights from Mark Simpson’s knowledge and an in-depth understanding of building up your resources and business with the use of AI.
HIGHLIGHTS OF THE EPISODE:
31:06 Maximizing the use of AI Tools
35:02 A Glimpse of Possibilities
55:10 Applying AI Tools on the Dailies
KEEPING IT REAL:
01:29 Guest Introduction
04:09 Bringing Content Creators Together
09:44 Leveraging AI Tools
18:14 Email is King when it comes to Marketing
22:39 Nurturing a “One-to-Many” Action
31:06 Maximizing the use of AI Tools
35:02 A Glimpse of Possibilities
41:27 More tools for personalized marketing
55:10 Applying AI Tools on the Dailies
NOTABLE QUOTE:
“Email HAS, IS and WILL always be the KING when it comes to marketing.” -Mark Simpson
CONNECTING WITH THE GUEST
Website: https://boostly.co.uk/
Linkedin: https://uk.linkedin.com/in/mrmarksimpson
Instagram: https://www.instagram.com/boostlyuk/?hl=en
Facebook: https://www.facebook.com/BoostlyUk/
Twitter: https://twitter.com/boostlyuk?lang=en
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment Hospitable Hosts book: https://amzn.to/3e4LEhE Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0
LeveragingAItools #personalizedmarketing #ChatGPT
In the latest episode of "The Real Estate Experiment," host Ruben Kanya introduces a groundbreaking model that has propelled his success in the real estate industry. Ruben shares how this model has enabled him to collaborate with the nation's top temporary housing provider, secure significant insurance contracts, and assist displaced families in finding suitable temporary homes. Remarkably, his approach has yielded 100% occupancy rates and four times the profitability of traditional rentals, with a turnover rate ten times lower than that of short-term rentals.
Ruben unveils the core principles of this transformative model, which he has encapsulated in the acronym M.M.T.R.R.R. This acronym stands for Marketing, Management, Traction, Reach out, Relationship building, and Repeating. Ruben explains that by mastering these fundamental elements, one can replicate his remarkable results and achieve similar success in the world of midterm rentals.
Throughout the episode, Ruben dives deeper into each component of the M.M.T.R.R.R. model, providing practical insights and strategies for implementation. He emphasizes the importance of effective marketing techniques to attract potential tenants and insurance providers, highlighting the power of targeted advertising and strategic partnerships.
Ruben then delves into the critical aspect of management, discussing how meticulous attention to detail and a focus on providing exceptional customer service are key to maintaining high occupancy rates and profitable rental properties.
Next, Ruben explores the concept of traction, stressing the significance of consistent progress and growth. He emphasizes the need to track key metrics, set measurable goals, and take strategic actions to continually move forward in the real estate business.
Additionally, Ruben discusses the vital role of relationship building in establishing long-term partnerships and fostering trust with insurance providers, property owners, and tenants. He shares insights on nurturing connections and cultivating a reputation as a reliable and trustworthy real estate professional. Lastly, Ruben emphasizes the significance of repetition, emphasizing the need to continually refine and improve upon the marketing, management, traction, reach out, and relationship-building strategies. He underscores the importance of consistency and iterative refinement in achieving sustained success.
To make it easier for listeners to embark on their own midterm rental journey, Ruben generously offers a free resource available on experimentrealestate.com. This resource serves as a comprehensive guide, equipping aspiring real estate professionals with the tools and knowledge needed to enter and thrive in the lucrative world of midterm rentals.
By adopting the M.M.T.R.R.R. model, listeners can follow in Ruben's footsteps, creating their own success stories in the real estate industry. Ruben's partnership with Dr. Rachel Gainsburgh, featured in episode #181, further exemplifies the transformative power of this model, demonstrating how collaboration and shared expertise can lead to even greater achievements.
As the episode concludes, Ruben encourages his audience to seize the opportunity to enter the booming midterm rental market, assuring them that with the M.M.T.R.R.R. model, success is within reach.
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment Hospitable Hosts book: https://amzn.to/3e4LEhE Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0
mtr #insurance #profit #occupancy
In a recent episode of "The Real Estate Experiment," host Ruben Kanya delves into his reading of "10x is Easier Than 2x" by Dr. Benjamin Hardy and Dan Sullivan. The book explores the concept of achieving extraordinary results by aiming for a 10x improvement rather than settling for incremental gains. Ruben emphasizes the importance of applying this mindset to his personal endeavors and real estate goals within his own experimental framework.
During the episode, Ruben shares his key takeaways from the book and how they can be implemented to elevate his real estate endeavors. He highlights the notion that the path to achieving 10x results differs significantly from the approach taken for 2x growth. Ruben emphasizes that to attain such remarkable outcomes, it requires an entirely new level of thinking, planning, and execution.
Ruben goes on to discuss specific strategies and mindsets that can be applied to his real estate experiments. He explores the importance of setting audacious goals that stretch beyond conventional limits, pushing himself to think bigger and aim higher. Ruben realizes that by embracing the 10x mentality, he can redefine what is possible in his real estate ventures and surpass his previous limitations.
Moreover, Ruben reflects on the need for relentless focus and discipline to drive 10x results. He acknowledges that achieving extraordinary success demands unwavering commitment, continuous learning, and a willingness to embrace discomfort and uncertainty. Ruben commits to integrating these principles into his real estate experiments, recognizing that they are critical factors for accomplishing significant breakthroughs.
Throughout the episode, Ruben showcases his excitement and determination to apply the insights from "10x is Easier Than 2x" to his own real estate journey. He shares his plans to implement new strategies, collaborate with like-minded individuals, and challenge himself to explore uncharted territories. Ruben concludes the episode by encouraging his audience to adopt the 10x mindset, urging them to experiment, take risks, and pursue exponential growth in their respective endeavors.
With his newfound perspective, Ruben aspires to transform his real estate experiments into extraordinary achievements, embracing the principles of the 10x mindset as he pushes the boundaries of what is possible in his personal and professional life. Will you do the same?
Want to 10x your short term or mid term rental experiments with Ruben? Book a discovery call with Ruben: https://experimentrealestate.com/hospitable-hosts
Get MTR/STR Coaching from me here: https://experimentrealestate.com/hospitable-hosts Join our MTR Insurance Network Here: https://www.shorttermgems.com/MTRInsuranceNetwork Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment Hospitable Hosts book: https://amzn.to/3e4LEhE Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0
shorttermrental #midtermrental #realestate
Welcome back to The Lab! In this episode, we have the pleasure of hosting Dr. Chau, a real estate investor, mentor, and a remarkable individual with an inspiring journey. Dr. Chau holds a doctorate in pharmacy and an MBA from the Roseman University of Health Sciences. As an immigrant driven by his determination to pursue education, he has ventured into various businesses, including restaurants, e-commerce, and real estate, all in pursuit of financial independence, time freedom, and the ability to care for his loved ones, especially his mother.
With over a decade of real estate investing experience, Dr. Chau has honed his skills under the mentorship of renowned realtors Tony Robbins and Dean Graziosi. In 2014, he embraced the potential of Airbnb by listing his properties on the platform, and in 2016, he delved into Airbnb arbitrage with a niche layer deeper by sepcializing in corporate rentals. Recognizing the lucrative nature of corporate housing, he transitioned into that space in 2017.
Dr. Chau’s business model is unique as he leases homes, furnishes them to corporations and collects the spread. From insurance companies to IT and construction firms, Dr. Chau has built deep relationships with these corproations providing high cashflow occupancy which has allowed him to scale quickly to replace his job as a pharmacist and then some, ultimately achieving financial freedom and time.
Currently he controls over 30 properties and three multi-family buildings, Dr. Chau has become a respected mentor, guiding aspiring students in the art of corporate housing arbitrage. He not only works with billionaires but also empowers his students to generate significant income for their clients while keeping sight of the bigger picture.
In this insightful episode, Dr. Chau delves into the crucial mindset needed to identify opportunities in the real estate landscape. He shares his expertise on the ever-evolving rental arbitrage space and sheds light on his experience in the corporate housing sector, including the asset classes that companies are actively seeking.
Join us as we gain valuable insights from Dr. Chau's remarkable journey and learn how to approach this real estate niche with a frame to give you the right mindset, adapt to changes in rental arbitrage, and seize opportunities in the thriving corporate housing market.
HIGHLIGHTS OF THE EPISODE:
36:13 Dr Chau talks about his F A S T method for analyzing deals
49:08 Dr Chau talks about what he learned from notable people and mentors in the industry
KEEPING IT REAL:
07:36 The mindset when looking at opportunities
09:20 Finding the right opportunity
12:06 Mistakes that can be avoided
13:53 Drastic changes in the rental arbitrage space
15:47 Relationship or inventory, which one comes first?
18:16 What the portfolio looks like
22:42 Asset class that IT and construction companies want
29:24 List building and book of business
34:26 Building a network
36:10 Blueprint for analyzing deals
39:26 Rent or buy the furniture?
41:43 Margins in the insurance space
43:54 Is real estate still a good vehicle?
46:42 What's next for Dr. Chau
49:07 Best advice from notable mentors
50:21 Connect with Dr Chau
NOTABLE QUOTE:
“Do we need to own any properties? No. We just need to control the property. You don't need to own anything, you just need to control everything.” - Dr. Chau
CONNECTING WITH THE GUEST
Website: https://www.beyondbnbsecrets.com/main-website-optin1669869033088
Linkedin: https://www.linkedin.com/in/drchaubnb/
Instagram: https://www.instagram.com/drchaubnb/?hl=en
Facebook: https://www.facebook.com/beyondbnbsecrets/
Get MTR/STR Coaching from me here: https://experimentrealestate.com/hospitable-hosts
Join our MTR Insurance Network Here: https://www.shorttermgems.com/MTRInsuranceNetwork
Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint
MidtermRental #ShortTermRental #CorporateHousing #RentalArbitrage
Welcome to the lab featuring Jason Reece, an entrepreneur and short term rental investor who utilizes data to validate or disprove any given opportunity or trend. Before entering the short term rental market, Jason had a successful career in the medical device industry. However, after hitting a career plateau and feeling burnt out, he couldn't ignore his entrepreneurial itch any longer. After studying the Airbnb opportunity for five years, he purchased five properties in the booming Nashville market.
Through his innovative approach and the use of Artificial Intelligence and automation tools, Jason's short term rental business has quickly grown to around $500k in projected annual revenue. With these tools, he found a way to streamline his processes and was able to host an estimated 3,000 guests this year while only requiring one hour of active management per week.
Join us in this episode as Jason Reece shares his journey into the short term rental industry, his successful use of data and AI for streamlining operations, and his strategy for finding the right property. Tune in now and learn more about Jason's journey and how to leverage technology and AI in the short term rental industry! Let's Build!
HIGHLIGHTS OF THE EPISODE:
15:01 Jason talks about how STR can be a means to an end that will allow you to do other things
45:05 Jason talks about why he chose Airbnb
KEEPING IT REAL:
13:21 Short term rentals out of passion or as a vehicle
20:39 The road to the first property
26:07 Exit strategy
37:38 Why do the first STR deal
45:05 Chose Airbnb because
49:49 Criteria for finding the right property
58:26 The play
01:00:37 The key takeaway
01:04:04 What's exciting in and out of real estate
01:10:21 AI and tech interests
01:19:41 Projecting out into the universe
01:24:37 Connect with Jason
NOTABLE QUOTE:
“Don't ever buy anything without running the numbers. I did not realize that so many people don't run the numbers and don't make informed decisions.” - Jason Reece
CONNECTING WITH THE GUEST
Instagram: https://www.instagram.com/jwreece/?hl=en
Tiktok: https://www.tiktok.com/@jwreece
Get MTR/STR Coaching from me here: https://experimentrealestate.com/hospitable-hosts
Join our MTR Insurance Network Here: https://www.shorttermgems.com/MTRInsuranceNetwork
Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts
Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment
Hospitable Hosts book: https://amzn.to/3e4LEhE
Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0
ShortTermRentals #Entrepreneurship #DataDriven #AIinHospitality
In this episode of The Real Estate Experiment show, host Ruben Kanya shares valuable inside information that he acquired at the Midterm Rental Summit held in San Diego. The summit, organized by Jesse Vasquez, brought together several leaders in the midterm rental industry, providing a wealth of knowledge and expertise.
Ruben begins by discussing the insights shared by Furnished Finder CEO, Brian Payne. Brian's data sheds light on the supply and demand dynamics associated with midterm rentals nationwide. This information is crucial for anyone looking to venture into the midterm rental market. Understanding the current state of supply and demand can help operators make informed decisions and maximize their rental potential.
Additionally, Ruben delves into the importance of fostering deep relationships with relocation specialists, particularly in the insurance sub-niche of midterm rentals. He emphasizes that his own team at Invested Escapes is focusing on this specific area. By collaborating with relocation specialists, operators can tap into a specialized market and provide tailored solutions to insurance professionals and their clients. Ruben underscores the value of these relationships in expanding the reach and profitability of midterm rentals.
Throughout the episode, Ruben shares the key takeaways he gathered from the Midterm Rental Summit, which took place just two weeks ago. His aim is to provide listeners with valuable insights that can significantly reduce the time and effort required to transition from short-term rentals to the untapped space of midterm rentals.
Whether you are an experienced short-term rental operator or someone looking to enter the industry, this episode promises to deliver actionable information that can accelerate your success in the midterm rental market.Get MTR/STR Coaching from me here: https://experimentrealestate.com/hospitable-hostsJoin our MTR Insurance Network Here: https://www.shorttermgems.com/MTRInsuranceNetworkGet Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprintGet coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hostsGuesty Unique Link: https://hosts.guesty.com/?=therealestateexperimentHospitable Hosts book: https://amzn.to/3e4LEhEApply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0#midtermrentals #midtermrentalsummit #realestate
Fouad Bazzi is the Founder and CEO of Crescent Retreats, a Luxury Short Term Rental Brand.
Prior to that, he was a Corporate Banker for 21 years, with the last nine years of that leading a consulting group for Community Banks. Having been a Short Term Rental guest dozens of times, Fouad combined his passion of Entrepreneurship, Real Estate Investing and Travel to launch his company in 2021. Fouad’s Mission is to promote Health, Peace, Love and Travel, and he ensures that all Crescent Retreats have an element of each of these four values.
Fouad is passionate about helping others take control of their own time by way of investing in real estate. He does so through Real Estate partnerships and a mentorship program. He is also a member of three high level Masterminds and is launching his own Mastermind in Detroit to help his community leverage his learnings.
In this episode, we sit down with Fouad as he shares his insights on what luxury means in the short term rental space and how he incorporated the core values of Health, Peace, Love, and Travel to make his luxury brand more personal and cater to the many different ways luxury means to different people. He also discusses the changes he underwent to get into luxury short term rentals and what to expect when entering this space. Lastly he treats us to what's next for Crescent Retreats and the exciting developments on the horizon. Tune in now and Let's Build!
Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint
HIGHLIGHTS OF THE EPISODE:
13:12 Fouad talks about taking advantage of the research and development done by other thriving businesses
17:12 Fouad talks about how everybody wins in the real estate industry
KEEPING IT REAL:
05:27 Health Peace Love and Travel as core values
08:46 The shift needed to build a luxury brand
11:10 What luxury means
14:54 Designing health peace love and travel
16:38 Core competency that was carried over to the short term
rental industry
20:41 Strategy when raising capital and assets in focus
27:29 Key indicators of market appreciation
37:03 What to expect when getting in the luxury space
39:53 Let's talk about revenue
41:12 Exit or refinance
43:03 What to look for in partners
48:14 The best way to structure LLCs
49:58 What is next for Crescent Retreats?
53:21 How to connect with Fouad
NOTABLE QUOTE (KEY LESSONS):
“When you're in the luxury space, we don't have to figure anything out. There's a Four Seasons or a Ritz Carlton close by. There has to be. So Google it. Figure out how they furnish the local one.” - Fouad Bazzi
CONNECTING WITH THE GUEST
Instagram: https://www.instagram.com/crescentretreats/
Facebook: https://www.facebook.com/crescentretreats/
Linkedin: https://www.linkedin.com/in/fouad-bazzi-4415973/
Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprintGet coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hostsGuesty Unique Link: https://hosts.guesty.com/?=therealestateexperimentHospitable Hosts book: https://amzn.to/3e4LEhEApply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0
shorttermrentals #luxury #FiveStarExperience #corevalues
In the latest episode of The Real Estate Experiment Show, host Ruben Kanya discusses the importance of focusing on proofs of concepts in not just the real estate industry but in overall business. He explains that proofs of concepts can come in two forms: brand new insights we've never heard before or reinforcements of beliefs we already know we need to execute. According to Ruben, experimenting is not about reinventing the wheel or seeking shortcuts, but rather about applying key fundamental principles that have already been successfully executed by those who came before us. He encourages individuals to add their own unique perspective to the table when experimenting built on the foundations of proofs of concepts. Ruben also emphasizes that one's uniqueness as an individual can lead to a successful experiments build on sound proofs of concepts. Overall, this episode provides valuable insights for individuals looking to experiment proven concepts in their respective real estate labs.
Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprintGet coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hostsGuesty Unique Link: https://hosts.guesty.com/?=therealestateexperimentHospitable Hosts book: https://amzn.to/3e4LEhEApply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0
realestate #proofofconcept #realestateexperiment
In this episode of The Real Estate Experiment, host Ruben Kanya dives into the importance of building a brand and becoming the key person of influence in your industry, whether it be as a realtor, flipper, short-term/midterm rentals operator and/or multifamily investor. Ruben emphasizes that constantly reminding people in your network what you do and strategically networking with thought leaders in the space are crucial components of building your brand. By attending conferences, participating in podcasts, and sharing your experiences, you can demonstrate your dedication and commitment to your industry. Ruben also stresses the importance of giving your audience a direct call to action to let them know how they can work with you or partner with you. Building a brand as the key person of influence is critical for success and fast growth in the real estate industry. Don't take it lightly!
Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprintGet coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hostsGuesty Unique Link: https://hosts.guesty.com/?=therealestateexperimentHospitable Hosts book: https://amzn.to/3e4LEhEApply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0
influence #keyperson #branding #realestate
Mercedes Sanchez is a highly successful entrepreneur who founded MBX Homes, a unique STR Co-Hosting / Management Company that provides exceptional vacation rental experiences for clients and guests.
With a career that began in the food and beverage department at Four Seasons, she worked her way up the ladder until she was unfortunately let go due to the pandemic. Despite this setback, Mercedes was not deterred. In the same week, she started managing apartment units for her uncle which she converted to Airbnbs.
Today she manages 38 properties and leverages her expertise in short-term rentals to innovate and grow her company. Not only does she specialize in Airbnb Rentals, they also promote their homes for productions and film opportunities on billing per hour rate. Drawing from her experience in high-end hospitality at Four Seasons, she sets up effective systems and solves problems in the industry. In our conversation with her, Mercedes shares her insights on the transition from Four Seasons to co-hosting, building partnerships, nurturing relationships, and implementing effective systems to achieve success in the highly competitive vacation rental industry. Don't miss out on our conversation with Mercedes. If you’d like to hear how you can strategically implement true and tested strategies from the highest end operators in the industry and how it can be implemented in your own co-hosting business — Mercedes is more qualified then anyone to share the insights. Tap in!
HIGHLIGHTS OF THE EPISODE:
11:36 Mercedes talks about making your brand stand out from the competition
34:22 Mercedes talks about seeking help and partnerships
KEEPING IT REAL:
09:05 Insight about hospitality
11:36 What separates the brand from the pack
12:49 Beginnings in food and beverage
16:06 Gaps in the hospitality industry
17:20 Transition from high end hospitality to Airbnb
19:23 MBX homes and what it stands for
23:30 Putting in the work
30:40 The insight that said Airbnb is a good idea
33:09 Taking action and partnerships
36:28 Mercedes' Airbnb model
41:58 Offering different services
45:23 Building relationships
51:32 This MBX Home 'thing'
54:27 Time for building systems
01:03:04 What's next for MBX
01:09:32 Building relationships with production companies
01:11:36 Getting ahold of Mercedes
NOTABLE QUOTE (KEY LESSONS):
“You have to find partners to better your business and better you. And it could be as simple like hiring, even if you have one or two Airbnbs, a partner could be like a great cleaning crew. It does not have to be like a financial partner. It does not have to be like a company like you.” - Mercedes Sanchez
CONNECTING WITH THE GUEST
Website: https://mbxhomes.com/
Instagram: https://www.instagram.com/mbxhomes/
Tiktok: https://www.tiktok.com/@mbxhomes
Youtube: https://www.youtube.com/channel/UCQOrBWTaLoUH5xeA6EGuAXw
Facebook: https://www.facebook.com/MBXHOMES
Linkedin: https://www.linkedin.com/in/mercedes-sanchez-3b8a2464
Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hostsGuesty Unique Link: https://hosts.guesty.com/?=therealestateexperimentHospitable Hosts book: https://amzn.to/3e4LEhEApply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0
shortermrentals #partnerships #Airbnb #hospitality #cohosting
Buckle down Experiment Nation, because we’ve got a treat of an episode for you. Today, we have the one and only Shawn Moore, Founder and CEO of Vodyssey, THE NUMBER ONE vacation rental investing education company in the world. Shawn and his team are dedicated to helping individuals achieve a lifestyle of financial freedom by providing resources and guidance that gets you to the top!
But here’s the kicker - Shawn didn’t start out on top. In fact, he lost everything at one point during 2008, and made an even worse decision before that, selling ALL his 52 single family rental properties. But he bounced back stronger than ever by niching down to short-term rentals, and elevating that further into the global investing education that he has today.
After 22 years in the game, Shawn has been through it all, and he is clearly qualified to talk about the pitfalls, challenges, and the tactics to make it in the real estate investing world. We got into the nitty-gritty of what separates successful people, and how building your self-identity is key to achieving your goals. And that’s just the tip of it, we also dive deep into how his programs educate other investors into really getting started, and narrowing down your goals into a laser-focus precision.
If you believe that vacation rentals are a great vehicle towards financial freedom, this episode with Shawn is the validation (and game plan) you’ve been looking for. Settle in, and get ready to learn from a true practitioner. Watch and listen to Shawn spill all the vacation rental investing knowledge you could ever want, while wearing the coolest cowboy hat to boot. Saddle up and let’s build!
HIGHLIGHTS OF THE EPISODE:
30:18 How to really build wealth
14:52 What separates successful people
KEEPING IT REAL:
2:49 What does Shawn do?
4:07 You're not an investor unless
8:57 From losing it all in 2008 to STR niche
13:10 Marker
14:52 What separates successful people
18:56 If there's something you don't want to do
21:04 Ad
26:54 Building your self-identity
28:24 Do people know how to build wealth
30:18 How to really build wealth
33:25 What is Vodyssey's blueprint
37:19 Leveraging third-party asset management
39:17 Economies of scale with management
42:06 The more clear you are on your goals
45:37 What's next for Vodyssey
47:47 What an owner needs to understand
NOTABLE QUOTE (KEY LESSONS):
“You’re not an investor if you don’t actually own investments.” – Shawn Moore
CONNECTING WITH THE GUEST
Website: https://www.lifestyleassetuniversity.com/
Facebook: https://www.facebook.com/vodysseyofficial/
Linkedin: https://www.linkedin.com/in/shawn-moore-393454173
Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hostsGuesty Unique Link: https://hosts.guesty.com/?=therealestateexperimentHospitable Hosts book: https://amzn.to/3e4LEhEApply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0
vacationrentalinvesting #airbnbinvesting #shorttermrentals #financialfreedom #propertyinvesting
2,000 nights as a guest, six continents, and over a hundred cities, Daniel has been living permanently in Airbnbs for the last seven years. He couldn’t have introduced himself any better but that isn’t even the most interesting part about today’s episode. Like we always say, we love true practitioners here in the lab, and none more verified than Daniel, who’s journey took him from wanting to be the best accountant to building his own consulting firm.
Daniel Rusteen began his CPA Accounting career at Airbnb but it didn’t feel right because to Daniel, if you can’t be the best, then you’re on the wrong path. Airbnb, before its popularity, encouraged their employees to host. Around this time, Daniel had already been hired and fired by Airbnb, and was now at the cusp of being rehired again in a different department. That was when Daniel took on Airbnbs referral program and performed incredibly. It was obvious he could pull it off without working as an employee, so he ditched the CPA life in exchange for the unknown and it paid off! And that isn’t even the most interesting part of this episode!
Daniel breaks it down with us, about how you can optimize your Airbnb, how to look for profitable properties using ‘soft stats’, what makes people stuck, how to get unstuck, and his experience during his time working at Airbnb. A collection of invaluable expertise built through years of experience, that you can only find with guests here at the lab. This episode is a peek into the mind of an expert who’s worked with Airbnb, stays at Airbnbs, and now writes and consults about Airbnb management. It can’t get any better than that.
Oh but it can, because listeners can get an exclusive discount when you purchase his book here https://www.amazon.com/dp/B0BZBS4C4F. Use code LABVERIFIED23 to get your 50% discount. This will only be available for three months, so get yours now and let’s build!
GUEST SUMMARY
Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint
HIGHLIGHTS OF THE EPISODE:
22:48 How to get unstuck
42:57 There is no go-to thing; just ‘one in a hundred’
KEEPING IT REAL:
03:04 Daniel’s Airbnb story
09:38 Hosting in San Francisco before Airbnb got famous
12:16 Airbnb wanted their employees to host
14:08 Getting fired from Airbnb
17:52 Airbnb hired me back
20:51 Ditching CPA life Airbnb property management
22:48 How to get unstuck
25:15 Going into the unknown
32:03 You don't have to have a hundred properties
37:48 What makes a property profitable
42:57 Optimizing Your Airbnb
49:35 What you should include in your title
51:25 Rapid fire questions
54:12 Giving an extra star for reviews
56:36 The item that is missing the most
58:28 What is next for Daniel
59:41 What is a minimalist travel
1:10:17 Closing
NOTABLE QUOTE (KEY LESSONS):
“You don’t have to have a hundred properties to be a successful Airbnb short-term rental host.” – Daniel Rusteen
CONNECTING WITH THE GUEST
Youtube: https://www.youtube.com/c/OptimizeMyAirbnb
Instagram: https://www.instagram.com/optimizemyairbnb/
Twitter: https://twitter.com/Optimizeairbnb
Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprintGet coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hostsGuesty Unique Link: https://hosts.guesty.com/?=therealestateexperimentHospitable Hosts book: https://amzn.to/3e4LEhEApply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0SUBSCRIBE TO OUR CHANNEL FOR MORE INSIGHTFUL CONTENT:https://www.youtube.com/channel/UCS9oPb6VQiE4gzofIP03exQFOLLOW ME ON:Instagram: https://www.instagram.com/therealestateexperiment/Facebook: https://web.facebook.com/therealestateexperiment/?_rdc=1&_rdrLinkedIn: https://www.linkedin.com/company/the-real-estate-experiment-network
propertymanagement #minimalist #shorttermrental #airbnb #optimizeyourairbnb
This week we took the lab on wheels in Nashville and recorded a live podcast in Nashville TN @Themaddox a.k.a The Creator house to recap some of our collective thoughts post- Short Term Rental Wealth conference hosted by Bill Faeth & Michael SjogrenThe session included some thoughts from leaders in our industry:@boostlyuk - the one and only Mark Simpson a.k.a the guy Airbnb doesn't want you to know about, founder of Boostly and mastermind for putting this creator's house together. Helping short-term rental owners get more direct bookings, more of their “should-be” guests, and more time back with their own vacation rental website.@WilSlickers - the MC of the STR Wealth Conference event and founder of Hospitality.FM Hospitality.FM is a podcast network dedicated to bringing the best hospitality-focused podcasts to those in and around the industry.@Nataliepalmer - Co-host in STRs and the Co-host of Level Up Your Listing Summitt, A three-day event designed specifically for female rental entrepreneurs and Airbnb hosts.@TheRealEstateHacker - Brian Hatcher a.k.a the Brain is a developer with a specialty in tiny homes and the founder of Elite Escapes, a short term rental travel company of 300+ properties available around the globe. Brian is a serial entrepreneur & investor with a background in accounting, finance, & data consulting.@TheRealEstateExperiment - your host Ruben Kanya and founder of InvestedEscapes.com a B2B furnished accommodation provider for corporations with a speciality in servicing insurance policy holders. Ruben is also the founder of InvestedTalent.com a podcast production and content repurposing agency for real estate investors. This episode is brought to you by InvestedTalent.comKEEPING IT REAL:01:18 The gang at the Creator House02:53 Protected assets03:48 Imposter syndrome05:45 Engaging and reading the audience07:35 Mindset: #Dothedishes09:23 Creating a plan09:54 Entrepreneurs creating jobs13:55 How Mark runs his operations15:42 Wil’s brain dumping16:39 Trust but verify18:17 Natalie’s calendar19:45 Brian's accountability calls20:43 Ruben's notes and looms25:50 More recap and takeaways31:38 Implementing your learnings33:00 Be proactive, not reactive34:25 Tracking KPIs36:13 Daily, weekly, monthly goals37:00 37 touch points38:39 The Real Estate Robinsons40:52 Systems and people41:55 Leveraging your W244:52 Thank you!NOTABLE QUOTE (KEY LESSONS):04:12 “Seeing the wide perspective of all the stories and all the speakers just shows how many different ways there are to do this. There is no starting point.” – Natalie PalmerGet Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprintGet coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hostsGuesty Unique Link: https://hosts.guesty.com/?=therealestateexperimentHospitable Hosts book: https://amzn.to/3e4LEhEApply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0You can check out more of our content here: https://bit.ly/3h40ykkSUBSCRIBE TO OUR CHANNEL FOR MORE INSIGHTFUL CONTENT:https://www.youtube.com/channel/UCS9oPb6VQiE4gzofIP03exQFOLLOW ME ON:Instagram: https://www.instagram.com/therealestateexperiment/Facebook: https://web.facebook.com/therealestateexperiment/?_rdc=1&_rdrLinkedIn: https://www.linkedin.com/company/the-real-estate-experiment-networkLinktree: https://linktr.ee/therealestateexperimentWORK WITH ME:Book a call to work with me and my team: https://calendly.com/rubenkanya/discovery-callWebsite: https://experimentrealestate.com/Thanks for Watching! There’s only one thing left to do, Let’s build!
STRWealthConference #realestatetrends #FinancialNetworking #IndustryInsights #ProfessionalDevelopment
In this episode, Ruben discusses the power of investing in oneself and networking to succeed in the real estate industry.
Ruben highlights the importance of attending conferences such as the STR Wealth Conference to meet like-minded individuals who can provide valuable insights and support on your journey. He explains that networking is not just about collecting business cards, but rather about building genuine relationships that can help you grow both personally and professionally.
Throughout the episode, Ruben shares tips and strategies on how to network effectively, emphasizing the importance of being authentic, listening actively, and following up with people after the initial connection has been made.
The Real Estate Experiment is a must-watch for anyone looking to learn more about real estate investing and how to build a strong network of like-minded individuals to support them along the way.
Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts
Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment
Hospitable Hosts book: https://amzn.to/3e4LEhE
networking #selfdevelopment #realestate
Rich Somers is an active real estate investor and entrepreneur holding a portfolio of real estate valued in excess of $50 Million. Rich hosts a real estate and business podcast, “The Rich Somers Report”, where he interviews top real estate investors, entrepreneurs, and athletes from all over the world. Today, we have him in the lab to ourselves!
A true practitioner, Rich is the CEO and founder of two real estate businesses: Somers Capital and FortuneCribs. Somers Capital is a vertically integrated boutique hotel investment firm, composed of industry-leading executives, while FortuneCribs is a technology & data-driven real estate investment & management firm.
With an in-house property management company and a direct booking platform under his belt, Rich and his firm are able to perform at levels superior to competitors. In this ‘rich’ episode, Somers dives into the world of scaling from short term rentals (single families) to boutique hotels with a unique background having started his portfolio in multifamily. Rob is able to share valuable insights on the differences between underwriting hotels vs. multifamily apartments, including value-add strategies and tech stack implementation to master significant returns for investors.
This episode is an absolute must-watch for short term rental operators looking to level up in a niched opportunity within the short-term rentals/commercial real estate industry. Learn from Rich's rich experience.Tune in now and Let's Build!
HIGHLIGHTS OF THE EPISODE:
07:31 Rich talks about scaling STRs and getting into boutique hotels
17:33 Rich talks about how underwriters value hotel and multifamily
KEEPING IT REAL:
01:50 Context on what Rich does
04:21 Social media or first deal, what came first?
07:36 Deciding to go bigger
09:43 What changed in the multifamily landscape
11:37 Can multi family operators run a hybrid?
13:54 Do lenders see hybrids as unstable
17:31 Underwriting for hotels and multifamily
22:57 Rich's Airbnb experience
26:08 No money down program
28:20 Scaling to boutique hotels
29:43 Expenses and money makers in boutique hotels
31:14 Value adding for boutique hotels
32:43 Returns from Mulifamily vs boutique hotels
34:53 What's next for Rich Somers
37:37 Advice for anyone who's interested in boutique hotels
39:15 Loan products for a hotel
43:14 Where to connect with Rich
CONNECTING WITH THE GUEST
Website: https://somerscapital.com/
Instagram: https://www.instagram.com/rich_somers/?hl=en
Linktree: https://linktr.ee/richsomers
Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts
Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment
Hospitable Hosts book: https://amzn.to/3e4LEhE
#shortermrentals #boutiquehotels #Airbnb #scaling #multifamily
In this episode of "The Real Estate Experiment" podcast, host Ruben Kanya talks about the importance of overcoming self-sabotage to achieve your goals. He stresses the need to remove limiting beliefs and barriers that prevent you from taking action towards your goals. Ruben encourages listeners to ignore the little voice in their head that puts doubt in their heart and instead take action, which will create momentum to move forward.
Ruben also highlights the fact that we often put barriers in front of ourselves before the world does, which can hinder our progress towards achieving our goals. He believes that by recognizing and overcoming these barriers, we can achieve success in any field, including real estate investing.
Throughout the episode, Ruben shares his personal experiences of overcoming self-sabotage and limiting beliefs in his own real estate investing journey. He emphasizes the importance of taking action and not allowing fear and doubt to hold you back.
Ruben concludes the episode by reminding listeners that they are the only ones with the power to let themselves down, and they should not be the ones to do so. He encourages listeners to take action towards their goals, no matter how small, and build momentum from there to stay on track and achieve success.
Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts
Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment
Hospitable Hosts book: https://amzn.to/3e4LEhE
selfsabotage #barriers #goals
Amanda Han is a highly accomplished tax strategist and real estate investor, known for her expertise in working with real estate investors to develop tax-saving strategies. With over a decade of experience in the industry, including time with one of the Big Four accounting firms (Deloitte), Amanda brings a unique blend of financial expertise and real-world investing knowledge to her work. She co-founded Keystone CPA with her husband and immediately saw the need for real estate investors and tax savings, so they bridged that gap.
Today, Amanda has helped countless real estate investors navigate the complex world of tax laws and develop strategies to minimize their tax liabilities and maximize their profits.
Amanda's impressive portfolio includes a range of long-term rental properties and real estate syndications (catch that at the end of the episode). She is the co-author of several books related to real estate investing and tax strategies, including "The Book on Tax Strategies for the Savvy Real Estate Investor" and "The Book on Advanced Tax Strategies." Her work has been featured in Forbes, CNBC, and Fox Business, among other media outlets.
Amanda's deep knowledge of tax laws, combined with her practical experience as a real estate investor, make her an invaluable resource for anyone looking to maximize their investment in real estate. Her expertise helps entrepreneurs discover income they didn’t realize was possible with tax savings. Amanda is a true trailblazer, a true expert, and just as passionate as we all are here in the lab. If you're looking to learn from one of the best in the business, Amanda Han is the perfect guide. Let’s build!
HIGHLIGHTS OF THE EPISODE:
07:03 Amanda talks about translating her big firm CPA experience to regular investors
34:17 Amanda talks about how real estate couples can gain extra household income by quitting their jobs?!
KEEPING IT REAL:
03:15 What does Amand do?
04:50 Niching down to real estate
07:03 CPA for regular investors
09:58 What hold people back from real estate investing
12:20 What investors aren’t doing
15:13 What investors should be tracking now
19:19 Thoughts on building credit
25:15 Reps tracker and other tools
26:57 Three main tax reduction hurdles
29:28 How often do people get audited
32:29 Tax strategy case studies
34:17 Extra household income
37:13 Tax strategy is not sexy but it changes lives
38:35 What’s next for Amanda Han
40:08 Passive investments in syndication
41:15 Where to connect with Amanda
CONNECTING WITH THE GUEST
Website: https://www.keystonecpa.com/
Instagram: https://www.instagram.com/amanda_han_cpa/
Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts
Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment
Hospitable Hosts book: https://amzn.to/3e4LEhE
#taxstrategy #realestateinvesting #taxsavings #CPA #taxdeductions
In this episode, your co-host Ruben Kanya of the MTR vs. STR Smackdown summit recap the event that occured last week featuring some of Experiment Nation's top podcast guests on a panel of top leaders in the short term rental industry who discuss the benefits of a new mid-term rental model that is gaining popularity. This new model is becoming increasingly attractive to investors who own furnished accommodations and are looking for ways to increase their revenue, occupancy, and cash flow.
The panelists include seasoned investors, property managers, and industry experts who have successfully implemented this mid-term rental model in their businesses. They share their experiences, insights, and strategies for how to make this model work for investors of all sizes.
The discussion covers topics such as the ideal length of stay for mid-term rentals, pricing strategies, marketing tactics, and how to manage guest turnover effectively. The panelists also explore the benefits of using technology to streamline the booking process, automate routine tasks, and manage properties remotely.
You can expect to come away with a deeper understanding of this mid-term rental model and how it can help them achieve their financial goals in the short term rental industry. You will also gain insights into the current trends and challenges facing the industry and learn about the innovative solutions that are emerging.
Overall, this podcast episode provides a recap of valuable insights and practical advice for investors who are interested in exploring the mid-term rental model and staying ahead of the competition in the dynamic short term rental industry.
If you haven't already tuned into the Panelist's episode on The Real Estate Experiment Podcast, make sure you do, they are masterclasses of their own:
Why Luxury Rentals are Short Term Rental Gems with Rachel Gainsbrugh Episode #181
Normalizing the “30-day Stay” in your Short Term Rental Business with Zeona McIntyre - Episode #215
Mid-Term Rental B2B Solution: Nursing Contracts & Insurance Policyholders w/ Jesse Vasquez - Ep #208
Furnished Accommodations Across Multiple B2B Verticals with Noble Crawford - Episode #206
Building A Lifestyle That Gives You Freedom through Mid-Term Rentals with Sarah Weaver - Episode #219
MTR vs STR Smackdown Summit: https://www.shorttermgems.com/offers/rzYiQTGM/checkout
Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts
Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment
Hospitable Hosts book: https://amzn.to/3e4LEhE
Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0
#MTR #STR #smackdown
We have a true legend in the lab today! Jasper Ribbers, the founder of Legends X and the mastermind behind the well-renowned podcast "Get Paid for Your Pad," says that the future of short term rental space is branding. With over a decade of experience in the short term rental industry, Ribbers did not hold back with his insights on current trends and the future of vacation rentals.
As the creator of Get Paid for Your Pad, Ribbers has helped shape the industry by providing actionable tips and advice for individuals looking to enter the short term rental market. Through Legends X, he has continued to inspire entrepreneurs to build successful and impactful brands in the hospitality industry. That's because Jasper KNOWS his branding, from his brilliant podcast name, to the new "Free Wild" retreats, to the only kind of "Overnight Success" we believe in. (https://overnightsuccess.io/)
On the episode, Ribbers discussed the impact of technology and tools, the importance of having a clear brand vision, and the future of the STR industry. He also shared his thoughts on how hosts can differentiate themselves in a crowded market and maximize their profits.
If you've always believed that branding in the short term rental industry is a true game changer, this episode is a must listen and Jasper Ribbers is your validation, a titan in the industry with an experiment that became legendary. Let's build!
HIGHLIGHTS OF THE EPISODE:
27:58 Diya breaks down what it takes to jump into commercial multi-unit rentals
36:23 What high level hotelier analysis looks like
KEEPING IT REAL:
06:12 What does Jasper Ribbers do
09:45 Mindset of traveling
11:32 When to rinse and repeat
13:32 Using tools and technology
16:47 How to quickly evolve in STR
20:34 Building an independent brand
23:19 Buying properties overseas
27:55 About Legends X mastermind
32:16 Week-by-week programs
39:04 Attention span and unique experiences
43:14 What is next for the STR industry
49:53 Overnight success brands
51:28 What’s next for Jasper Ribbers
54:38 Legends X and Free Wyld
NOTABLE QUOTE:
17:48 “To be successful in the future of the short term rental space, we’ve got to have a real vision for the brand that we wanna build.” – Jasper Ribbers
CONNECTING WITH THE GUEST
Website: https://getpaidforyourpad.com/
Youtube: https://www.youtube.com/c/GetPaidForYourPad
Overnight Success: https://www.overnightsuccess.io/
Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts
Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment
Hospitable Hosts book: https://amzn.to/3e4LEhE
#shorttermrental #vacationrental #hospitalityindustry #branding #entrepreneurship
Diya Lui is a highly accomplished Harvard-educated lawyer who has made a name for herself in the hotel industry. With years of legal experience, Diya brings a unique combination of legal and technical expertise to the field, allowing her to analyze hotel deals with a level of detail and insight unmatched by others. Her background, which includes engineering, has given her a unique perspective on the business and the ability to identify hidden opportunities, particularly behind old run-down hotel operations. She saw that the industry severely lacked an expert operator with digital marketing and operations savvy, and Diya jumped at that chance right away.
With a portfolio that includes a dozen short term rentals and three hotels, totaling 90 units, Diya has demonstrated her ability to identify and secure lucrative investment opportunities. Diya’s experience is diverse and deep, from short term rentals analysis to full-service hotels, where she specialized in improving old mom and pop operations to modern hotels with impressive margins. Most recently, Diya has added another impressive property to her portfolio, with a 76-unit hotel under contract. She just keeps going!
Diya has built herself a lifestyle of traveling while analyzing hotel deals. Today, she shares her vast knowledge in the hotelier industry, with a level of high analytics and experience that has never been available before. Diya believes that her mastermind will open the opportunity for entrepreneurs to break into the hotel industry without a fancy degree or being born into a luxury hotelier family. She’s exactly the kind of trail-blazing, data-driven practitioner that we love having here in the lab. Experiment Nation, you’re in for a treat! You’ve never seen or heard hotelier and short term rental analysis like this before. Let’s build.
HIGHLIGHTS OF THE EPISODE:
27:58 Diya breaks down what it takes to jump into commercial multi-unit rentals
36:23 What high level hotelier analysis looks like
KEEPING IT REAL:
05:43 Diya’s elevator pitch
07:41 Analyzing deals and stay-in preference
12:32 From lawyering to real estate
17:14 Diya’s hotelier zone of genius
22:03 How Diya got into STR space
24:05 Is STR uptrending right now?
26:41 Diya’s property portfolio
27:58 Making the jump to multi-unit rentals
33:41 Hotel loans and licenses
39:00 Hotel loan vs Asset-based commercial loan
41:56 Breaking into the hotel niche
43:46 Hotel franchising mastermind
47:17 Multi-family vs Hotels
49:28 Profit margins when improving hotel operations
54:25 $650k to $1.2M in under a year
01:01:09 Exit vs acquisition
01:07:07 Diya’s BIG vision
01:09:42 Where to find Diya
NOTABLE QUOTE:
46:04 “You have to have worked your way up or you’re born into being a hotelier which is why I am trying to revolutionize this industry. – Diya Lui
CONNECTING WITH THE GUEST
Website: https://diyaliu.com/
Instagram: https://www.instagram.com/diyaesq/
Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint
str #hospitality #fullservicehotel
Sarah Weaver is a multi-faceted professional known for her expertise in coaching, public speaking, real estate investing, and writing. She is the author of the bestselling book "30 Day Stay" published by Biggerpockets Publishing, which shares her insights on how to succeed in real estate investing. With her extensive experience in the industry, Sarah has become a sought-after speaker, delivering inspiring and informative presentations to audiences around the world. She is also a highly-regarded coach, helping individuals & agents reach their full potential and achieve their goals.
For Sarah, it all started with knowing exactly the kind of life she wants, and that was a lifestyle of traveling the globe. Once Sarah committed fully into real estate investing, she managed to achieve tremendous success in a short period of time. In just 90 days, she grew her portfolio from 3 to 15 units across four states, showcasing her exceptional skills in acquiring and managing properties. She is particularly skilled in utilizing a combination of short-term and medium-term rental strategies to maximize her returns, including self-managing nine furnished rentals.
In this episode, Sarah shares how she utilized the Medium-Term Rental Strategy to achieve financial freedom. By carefully selecting properties and managing them effectively, she has been able to generate significant returns and build a successful real estate portfolio. With her dedication and expertise, Sarah has proven that the Medium-Term Rental Strategy can be a powerful tool for achieving financial independence. Her story is an inspiration to anyone seeking to build wealth through real estate investment. Experiment Nation, if you’re looking to attain financial freedom in a short amount of time, you don’t want to miss this episode.
HIGHLIGHTS OF THE EPISODE:
38:25 What is midterm rental and why
43:33 The epicness behind Invested Adventures
KEEPING IT REAL:
06:13 Sarah’s entrepreneur family
07:39 What started first for Sarah
10:28 Being an agent
12:28 Sarah’s journey into real estate
15:58 Midterm rentals with travel lifestyle
23:01 Understanding the rules behind mortgages
26:22 Getting stuck during the pandemic
28:35 How do you make decisions
36:54 How to think about Midterm rentals
38:25 What is midterm rental and why
39:35 Getting midterm stay guests to extend
43:33 What’s next for Sarah and Invested Adventures
47:43 Advice from Sarah
NOTABLE QUOTE:
“You are never gonna feel ready, so just jump..” – Sarah Weaver
CONNECT WITH THE GUEST
Website: https://www.sarahdweaver.com/trips
LinkedIn: https://www.linkedin.com/in/sarahdweaver/
Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts
Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment
Hospitable Hosts book: https://amzn.to/3e4LEhE
#investedadventures #travellifestyle #midtermrental #airbnb #furnishfinder #luxurytravel #epicadventures #safaritours
Minoan is at the frontier of a new shopping experience they call “Native Retail.” At the forefront of this retail concept is founder Marc Hostovsky who leads an incredible team that is pushing the boundaries and shaping the future of what the retail experience will look like.
We are more likely to purchase a product that we have experienced “in the wild” ourselves from sleeping on a good pillow, linen, mattress, to riding a Peloton bike. Marc and his team believes that these moments in retail are a powerful driver for customers to purchase and they’ve successfully built a market around these experiences.
Short term & vacation rentals are the perfect space for the customer to experience branded products that have both functionality & enhanced their user experience. Minoan and Marc have simplified this experience with a simple shoppable system that allows you to order anything seamlessly by scanning a code. This means additional profits for the host, and a step closer to changing the perspective of how retail should view hosts as marketing partners. Hosts not only provide the space but allow for these rich, sensory retail moments that can only be duplicated in the short term rental industry.
Marc uncovers every facet of this retail innovation at Minoan and its potentials from the B2B market, their future marketing goals, native retail moments, to their core values & business principles. Marc and the team at Minoan are introducing the idea of hosts as “four-walled influencers” for brands, while Minoan provides a curated experience that bridges together the hosts and brands into the makings of the future of digital retail not just in real estate but for shopping all over. It’s an incredibly riveting and informative episode, exactly the type of data-driven, revolutionizing innovations that defines our love for experiments here in the lab.
HIGHLIGHTS OF THE EPISODE:
25:48 Madison started her company when she was 12
45:36 The story behind Mount’s name and logo
KEEPING IT REAL:
05:10 E-commerce for short term rentals
07:26 Four-walled influencers
13:04 Getting started with Minoan
14:50 The B2B Market
19:21 Top items being sold
21:42 Native retail
27:13 Future marketing goals
30:26 Minoans front end simplicity
30:02 Focus on the team
34:48 Once true in business but no longer
37:40 Seed round funding
40:17 Raising VC money with Excel
43:29 Billions of body bags
45:37 Retail moments in short term rentals
49:41 Minoan user experience
52:45 Curating the best products for each space
54:58 The value of consumer data
58:27 https://www.minoanexperience.com/
CONNECT WITH THE GUEST
Website: https://www.minoanexperience.com/
LinkedIn:https://www.linkedin.com/company/minoan
Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts
Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment
Hospitable Hosts book: https://amzn.to/3e4LEhE
#nativeretail #ecommerce #shorttermrental #airbnb
Madison is a startup genius, born and raised in a family of entrepreneurs and a third to triplets. So already this is going to be three times more interesting because of her background on tech startups and how she’s transitioned that experience into the short term rental industry, as the founder of Mount. A company she essentially started when she was only 12 years old. At just 25 years old today she is the CEO of a company that is revolutionizing the way we look at our amenities as income producing opportunities in your short term rentals.
Madison runs a successful model that opens up additional revenue for hosts by including additional rental amenities that would have otherwise been overlooked. These are anything from propane tanks, to firewood, to surfboards, to their most popular (by far) electric bikes. That last amenity, in a way, is where Madison’s path to the real estate industry began because she also created a startup renting out scooters.
From Madison’s grandfather, who built businesses in the 1950s, to her grandma’s cooking school, her aunts and uncles’ purse company, to even now her cousin’s restaurants, it’s clear to see that entrepreneurship runs in their blood. Evident in Madison creating her own bike lock when she was twelve years old that set her on an early path to building a business mind. Today, she tells a story about her father coaching their triplet trio in a soccer game and how they’d just connect like that innately
Madison’s background is just as interesting and inspiring as her achievements. And in the lab, we have a feeling that she is just getting started.
GUEST SUMMARY
Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint
HIGHLIGHTS OF THE EPISODE:
25:48 Madison started her company when she was 12
45:36 The story behind Mount’s name and logo
KEEPING IT REAL:
04:44 What do you do for a living
06:08 Leveraging more rental amenities
07:31 Who is it for and not for
13:22 Defining the line of guest convenience
16:44 How rental amenity works
18:56 Fees structure
25:48 A family of entrepreneurs
31:08 The triplets
35:52 Sports and entrepreneurship
41:14 Key takeaways from running a business
45:36 The story behind Mount’s name and logo
48:01 How to get started with Mount
51:20 About Insurance on amenities
NOTABLE QUOTE:
31:17 “I look at failure as a success because it means you tried something that didn't work and you've narrowed down the list from a hundred to 99” – Madison Rifkin
CONNECT WITH THE GUEST
Website: https://www.rentmount.com/
LinkedIn: https://www.linkedin.com/in/madison-rifkin-23037712a/
Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:
https://experimentrealestate.com/hospitable-hosts
Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment
Hospitable Hosts book: https://amzn.to/3e4LEhE
#rentalamenities #amenities #rental #airbnb
I have two practitioners today in the lab and they come in with a craft, purpose and partnership. The core pillars when experimenting in vacation home rentals. We use the word practitioners intentionally because we believe in doing the actual work and then offering it as a service. It means they understand the industry deeply having gone through it themselves, starting outside their comfort zones and pushing past their fears.
For both of them, it all started with design. Jordan McDonough and Bri West have been in business offering design for other people's short-term rentals for only six months and they've been crushing it. Jordan is your creative design guru, whose design vision is always aligned with that of Bri, who on the other hand is your ambitious marketer and consultant. Together they partnered to catapult Somerled Designs into what it looks like from the outside, an overnight success. However their key ingredients is their ability to both have a deep foundational expertise of what they do and a partner ship that compliments one another beautifully.
We talk about all the challenges in between and more, from their friendship, design philosophy, sales and all the wallpapers they covered in order to get here. They're going to give us a masterclass on what they've mastered and are continuing to master. They have such a hybrid operation from analyzing to designing, there's a lot there and we’re going to pick their brains today.
This talk has been long overdue and we’re thrilled glad that we finally got a chance to talk about their background and combining their unique geniuses. These two rock stars have truly carved out their niche, marrying together design intuition and deep market research. Their combo and having that design touch is what truly turned this experiment into a huge success.
HIGHLIGHTS OF THE EPISODE:
19:59 What it’s like working with Somerled
35:53 Somerled’s Design Philosophy
48:42 The balancing act of Market Research
KEEPING IT REAL:
04:25 Jordan and Brie
06:48 Interior design for STR
10:54 How it started
12:29 Jordan’s strengths
13:42 Brie’s superpowers
14:48 Complementing weaknesses
16:20 The mind of a designer
18:41 It’s all about reps
21:53 The full package service
23:58 Do not cheap out on this
27:00 Budget design range
30:02 Contractors to design
35:00 What’s your favorite piece?
40:44 Are wallpapers a must?
44:20 Biggest downfall of this industry
48:42 Market research advice
50:44 When do you go all in?
52:52 Thinking like a business owner
51:11 Biggest measure of success
58:54 Top 3 Favorite Markets
CONNECT WITH THE GUEST
Website: https://www.somerleddesigns.com/
Instagram: https://www.instagram.com/somerled.designs/
Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint
#vacationrentals #rentaldesigns #airbnb #str
Zeona is a true real estate experimenter and a skilled investor who’s walked the walk, AND talked the talk. She is the co-host of the INVEST2FI Podcast and the co-author of the “30-day Stay”, which is all about mastering the medium term rental industry.
Zeona has hands-on experience in many aspects of real investing, from arbitrage to buy-and-furnish. It all started when Zeona's best friend rented his place out on Airbnb. Fast forward to a decade later, Zeona has been an Airbnb host since 2012. After ten years of being a short-term rental property manager and consultant, she has transitioned to selling real estate to investors who are looking to house hack or live for free. She is an avid real estate investor who owns and manages a double-digit portfolio, and she teaches listeners how to achieve financial freedom through real estate on her podcast, Invest2FI. She has been featured on BiggerPockets, Mr. Money Mustache, NPR, and has been a guest on more than fifty podcasts. Zeona has been to 47 countries--she spends half the year in Boulder, Colorado and the other half traveling the world as an international pet and house sitter.
But her first foray particularly in medium term rentals started during the pandemic. Or rather, COVID lockdowns forced her to rethink her strategy and found that medium term rentals are overlooked but very viable.
If you’re a regular listener, you’ll know how much we’ve been loving midterm term rentals recently. This makes this particular episode a special one as we’ve been geeking out over Zeona’s book latest book 30 day stay published by Bigger Pockets! Long overdue we finally got her in the lab!
We cover a lot of ground from niching down to medium term rentals, to using Furnished Finder, and why Zeona believes midterm rentals can strategically work in any property asset. It’s an incredible valuable perspective that really reflects the skills and insight of a seasoned real estate investor like Zeona.
Dive into midterm rentals with Zeona and discover how this could be the key to profitability as a short term rental owner & operator, because remember, you’re always just one experiment away!
HIGHLIGHTS OF THE EPISODE:
06:33 How Zeono Got Into Mid-Term Rentals
27:15 How to build your MTR operations
KEEPING IT REAL:
04:05 Introduction
05:26 About Zeona McIntyre
06:34 Niching down to MTR
09:14 Problem solving or passion
12:45 Co-hosting and financial freedom
18:35 Why go into Midterm rentals?
23:19 Furnished Finder
27:15 Automating your MTR operations
30:56 Walking the properties
33:23 Couch surfing and trust
35:03 MTR works in any asset
37:49 House hacking
40:58 Adding a kitchen
42:39 Single of multifamily
46:18 Portfolio building from Zeona
48:34 What’s next for Zeona
NOTABLE QUOTE:
49:21 “MTR (Midterm Rental) can work in any asset” – Zeona McIntyre
CONNECTING WITH THE GUEST
Website: https://www.zeonamcintyre.com/
LinkedIn: https://www.linkedin.com/in/zeona-mcintyre/
Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint
#midterm #rental #airbnb
Michael Chang is a recovering investment banker, now turned high scale short term rental owner and operator as co-founder of TrustBNB Vacation Rentals. Mike got his MBA from Cornell in 2009, and spent a decade on wall street as an investment banker. While the pay was great – what he now calls the golden handcuffs, he got over the lifestyle overtime. Today, he reflects that he should have left in half the time to build the lifestyle business & empire he and his wife Liz built today. Mike perspective in our short term rental industry is unique coming from an individual who is all about numbers, knows his numbers very accurately, and shares with us exactly how he tackles the goals that got him & his wife to $7M+ owned in Airbnb real estate.
Mike immigrated with his family from Taiwan when he was four years old. And the one constant in his life has always been work ethic. This same work ethic he saw from his mother helped him achieve a successful career in mergers & acquisition investment banking with over $40B closed in deals.He then took this knowledge and applied it to a blend of full owning his short term rentals with a combination of rental arbitrage in volume in buildings with proximity to the city. He resides in New York with his wife and daughter and their portfolio expands from Philadelphia, PA.
Fun fact, Mike & Ruben worked at the same investment bank at some point (Jefferies) and both reside in New York city, during this episode they both geek out in the lab with love of short term rental real estate. If you love the gritty details and mindset that it takes to succeed in this industry from someone who’s walked the walk successfully in one of the most respectable industries as an investment banker to a successful transition into short term rentals – you need to listen to this episode. This is one of those gems of an episode that really goes into the granular actionable steps with a touch of serendipity, as Mike happens to share the same values of experiment nation. Experiment. Fail. Learn. Repeat. Enjoy!
HIGHLIGHTS OF THE EPISODE:
17:34 How Michael Got Into Short-Term Rentals
27:49 How much investment banker makes vs rental host
40:58 How to think for yourself
KEEPING IT REAL:
04:05 Introduction
06:12 The recovering investment banker
13:59 Changes from investment banking
17:34 A taste of short term rental
21:07 Life doesn’t start until..
24:21 What game are you playing?
27:49 Investment banker vs rental host
31:31 Arbitrage numbers
33:06 Location criterias
36:05 Who are the travelers to target
37:45 How to avoid bad guests
38:26 How to price the highest
40:58 Every business has a mote
43:49 The biggest misconception of STR
46:11 Airbnb inspiration for all
47:52 Taking advantage of opportunities
51:07 Starting out in rental arbitrage
55:11 Always think of win-wins
56:35 Laser focus on numbers
1:01:26 What is next?
CONNECTING WITH THE GUEST:
LinkedIn: https://www.linkedin.com/in/michaelhchang/
Instagram: https://www.instagram.com/michaelchangbnb/
Tiktok: https://www.tiktok.com/@michaelchangbnb
#investment #banking #rentalarbitrage
Derrick's story started like many investors but took a very unconventional route creating a very unconventional real estate financing company.
Derrick started flipping units out of state with other people’s money with his partners who were also college friends at Harvard based out of Boston. They did this all out of state, hitting the ground running. The other people’s money that they used came from levering the money of their Harvard network to invest in Atlanta. They began scaling their portfolio with quadruplexes, condos, and flipping those too.
After graduating and experiencing the Wall Street experience at Goldman Sachs as a trader, Derrick was taken aback by the speed at which these corporations are able to get access to capital. While he continue to scale his real estate portfolio, he and his partners took on the opportunity of getting quicker financing for real estate deals.
Derrick as co-founder of Nectar took on the challenge of helping investors get fast, flexible, non-debt financing that they need to scale their rental portfolio — without raising equity. Nectar wants to address the amount of time it takes to get financing for real estate across the board: whether it be for a flip, multifamily, long-term rental, or short-term rental without needing to give up equity with partners and/or paying the highest rates to get access to capital quickly. There was an opportunity to make a change in the way the real estate industry gets financing. Derrick speaks from experience as he and his wife Brittany who he also met at Harvard built a $400 million real estate portfolio.
Nectar believes that real estate entrepreneurs deserve to keep their upside and Nectar can help them do this by simply looking at your net cash flow as long-term investor, multifamily, short-term rental investor, and even as a property management owner – the cashflow that your portfolio generates is used as a multiple that Nectar can use to calculate a cash advance to buy your next deal or even furnish & redesign your existing short term rentals. The opportunities on how you used your cash advance are up to you.
Step into the lab with Derrick to see how his unconventional journey as an entrepreneur and real estate investor can help you with unconventional financing that most investors next door are not using without giving up any equity.
HIGHLIGHTS OF THE EPISODE:
22:19 How Derrick Got Into Short-Term Rentals
24:49 How Derrick’s Business Transitioned
30:13 Who Nectar Is Built For
KEEPING IT REAL:
04:07 Introduction
10:29 Why Nectar Started
16:02 Affordable Considerations When Buying Properties
16:30 Kinds of Properties Derrick Was Buying
20:10 The Power of Networking
27:45 The Opportunity to Value Add
36:07 The Basis for the Amount of Financing
40:12 What Makes Nectar a Better “Tool”?
43:16 Opportunity to Arbitrage
45:08 Traditional Lending
48:16 The Limit on Money Usage
52:03 Closing
NOTABLE QUOTE (KEY LESSONS):
51:44 “...Doing things small is gonna be hard, and doing things big is gonna be hard. So, just be okay with the journey…” – Derrick Barker
CONNECT WITH THE GUEST
Website: https://www.usenectar.com/
LinkedIn: https://www.linkedin.com/in/derrick-barker-3b1590a/
#moneylending #valueadd #financing
The short-term rental industry is a niched real estate industry of its own, and Jeffrey Ilouilan started to solve his own problems as a short term rental host trying to source quality furniture for his multiple units as a short term rental arbitrage operator. During his time he launched multiple units that ranged from luxury homes and apartment buildings.
Jeffrey Ilouilan, then Co-Founded HostGPO which is a furnished buying group for short-term rental operators.
In this episode, learn how you can source quality furniture for all your short term rentals via group that has already sourced all the supply chain management headaches and logistics for you. HostGPO is able to source the best prices in the industry from of the best well known furniture companies in the industry. Before you launch your next short term rental , become a member of the Host GPO group, you’ll see why in this episode.
HIGHLIGHTS OF THE EPISODE:
12:04 Being Outside Your Comfort Zone 18:25 Tackling Business Opportunities
KEEPING IT REAL:
04:06 Introduction
08:03 Why Arbitrage and Not Ownership?
16:08 Vacation Rental Specific Problem Solving Companies
22:21 Timing Considerations
25:18 Proof of Concept
35:45 Free Shipping
40:54 Working With Local Designers
52:32 The Win-Win Situation
58:11 Closing
NOTABLE QUOTE (KEY LESSONS):
12:04 “...Be outside your comfort zone because your comfort zone becomes bigger…” – Jeffrey Ilouilan
CONNECT WITH THE GUEST
Website: https://hostgpo.com/
Twitter: https://twitter.com/HostGPO?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
Instagram: https://www.instagram.com/hostgpo/?hl=en
Facebook: https://www.facebook.com/hostgpo/
LinkedIn: https://www.linkedin.com/company/hostgpo/
Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:
https://experimentrealestate.com/hospitable-hosts
Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment
Hospitable Hosts book: https://amzn.to/3e4LEhE
Instagram: https://www.instagram.com/therealestateexperiment/?hl=en
Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0
#valueadd #vacationrental #problemsolving
The short-term rental industry is a niched real estate industry of its own, and Dave Goodfellow was able to scale his operations within a unique niche of what he calls ApartHotels — giving him the most cash flow through a lean repeatable model.
An Aparthotel is a concept of building multiple units under a single roof. Dave began his short-term rental experiments first off in the rental arbitrage arena to then scale into ApartHotels. Today, Dave and his team target rundown hotels, remove all the operational hospitality space (i.e. restaurants, etc) or what Dave calls operational headaches, and repurposes it into a rentable place for guests to maximize.
Dave Goodfellow of Ikonic Training is an active property investor for more than ten years with a background in sales operations. He has driven the front of their serviced accommodation business in multiple locations in less than two years using these mixed strategies.
In this episode, we learn that not all real estate is created equal. There always has to be a value add component. You might be buying a property that's neglected, but it has reasonable bones in it. Buying a property can either mean cash flow (rents) or capital growth (sale price).
As the soon-to-be author of the book Airbnb Simplified, Dave shows us how you can simplify your short-term rental strategy by executing your experiments in a very lean way in ApartHotels.
HIGHLIGHTS OF THE EPISODE:
06:15 How to Make Committed Decisions 10:48 Misconceptions Between Short-Term Rentals and AirBnb’s
KEEPING IT REAL:
04:05 Introduction
14:37 How Dave Came Across AirBnb
20:49 What’s an ApartHotel?
30:37 Short-Term Rentals’ Biggest Misconceptions
33:52 How to Keep Your Properties Filled
37:43 Book: AirBnb Simplified
38:33 Service Accommodation Roadmap
44:34 Dave’s Vision
49:46 Closing
NOTABLE QUOTE (KEY LESSONS):
36:33 “...Business is not difficult. It’s only people that make it difficult…” – Dave Goodfellow
CONNECTING WITH THE GUEST
Instagram: https://www.instagram.com/davegoodfellowofficial/
Facebook: https://www.facebook.com/dave.ikonic.7/
Twitter: https://twitter.com/IkonicProperty
Linktree: https://linktr.ee/davegoodfellow
LinkedIn: https://www.linkedin.com/in/davejamesgoodfellow/
Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:
https://experimentrealestate.com/hospitable-hosts
Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment
Hospitable Hosts book: https://amzn.to/3e4LEhE
Instagram: https://www.instagram.com/therealestateexperiment/?hl=en
Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0
#serviceaccommodation #operationalspaces #aparthotels
Entrepreneurs are the true creators of new products, services and business models — and Tatianna Taylor-Tait has done just that in the niche of interior and furnishing properties, including private room rentals. Tatianna found a way to use her interior designing background to help her break into the short-term rental industry, which has become a huge asset for her services. But she not only does it for clients, she’s walked the walk as an airbnb host herself. As a matter of fact, she discovered the airbnb world hosting her apartment while she traveled overseas in the very beginning of her journey.
Today, Tatianna is an award-winning designer and marketing specialist based in Vancouver, British Columbia. With extensive experience in both interior design and real estate, Tatianna has worked with clients all over the world, sharing her knowledge and skills to help them increase their Airbnb profits and short-term rental returns. With over 8+ years of experience in short term rentals, design and marketing, Tatianna offers a package to clients that focuses not only on simply providing an Airbnb, but one that is steeped in class and elegance.
She is recognized for demonstrating a natural aptitude for campaign strategy development, as well as for going above and beyond for her clients. She has a verifiable history of contributing directly to company growth and expansion throughout her career, and is now the CEO of Tatianna Taylor-Tait Ltd. which offers design & short term rental coaching.
There is no better experimentation than playing within your creativity and passion! Tatianna steps into the lab to show us how she did it!
HIGHLIGHTS OF THE EPISODE:
20:12 Which Comes First (Money vs. Idea)
23:32 Lasting Pieces vs. Aesthetically Pleasing
KEEPING IT REAL:
11:23 Tatianna’s Industry & Background
26:44 Linens for Beds
28:56 Tatianna’s Business Model
38:23 Biggest Misconception of Private Room Rentals
45:25 Special Guest Experience
46:56 The “Must’s”
54:47 How You Market Your Property
58:17 Closing
NOTABLE QUOTE (KEY LESSONS):
“…No matter the project in some way or form, I like to make sure that the project is a true reflection of my clients…” - Tatianna Taylor-Tait
CONNECTING WITH THE GUEST
Instagram: https://www.instagram.com/tatiannatt/
LinkedIn: https://www.linkedin.com/in/tatiannataylortait/
Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:
https://experimentrealestate.com/hospitable-hosts
Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment
Hospitable Hosts book: https://amzn.to/3e4LEhE
Instagram: https://www.instagram.com/therealestateexperiment/?hl=en
Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0
#marketing #privateroomrentals #interiordesign
Laura Villamor, a nurse along with her husband, has proven the importance of selecting a market that has consistent flows of traffic year round, serving Marines and their families.
From being in healthcare to now real estate, Laura, a superhost, uses her strengths, patience, responsiveness and charisma to host families across the nation in their very niched short-term rental market. Laura and her husband Eusebio found a way to provide temporary housing to families impatiently excited to reunite with their family in the Marines in Beaufort, South Carolina, as it has a Marine base. They were able to solve a problem in a very niched market but most importantly did it by being very strategic in their next investment, factoring in traffic, demand and purchase price.
Laura does not overthink when it comes to experimenting. Along with being a mother, she constantly makes the time and effort to learn a brand new industry that is giving her and her husband a very high return on investment along with the fulfillment that comes with hosting families. Together, they look to scale in both ownership and property management at Villas & More.
HIGHLIGHTS OF THE EPISODE:
22:38 How to Build Relationships With Your Guests Remotely
44:40 How to Analyze Deals
KEEPING IT REAL:
12:46 How Laura and Her Husband Get Into Real Estate
18:41 Laura’s Occupancy Rate
26:31 Being Responsive
30:27 Where Laura Gets Inspiration
38:35 What Keeps the Goal to Move Forward
54:53 Equity
60:03 Feeling Safe in the World of Social Media
60:16 Closing
NOTABLE QUOTE (KEY LESSONS):
30:43 “…Do the things that scare you…” - Laura Villamor
Connecting with Guest:
Instagram: https://www.instagram.com/vacationvillasnmore/?igshid=YmMyMTA2M2Y%3D
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:
https://experimentrealestate.com/hospitable-hosts
Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment
Hospitable Hosts book: https://amzn.to/3e4LEhE
Instagram: https://www.instagram.com/therealestateexperiment/?hl=en
Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0
Episode Hashtags:
#hospitablehosting #airbnb #connections
Entrepreneurs solve problems and Jesse Vasquez has done just that in the niche of furnished accommodations, Jesse found a way to provide temporary housing to healthcare professionals initially as a business development professional in the healthcare sector. Jesse solved a problem in a niche and scaled his midterm rental operations working B2B for corporations looking to house health technicians, insurance policy holders giving him increased occupancy and cash flow across his properties. Today he’s known as the go-to mid-term rental expert in our industry having helped multiple other investors turn their STRs into MTRs.
Jesse is the Founder of AirVenture Hosting Co., flourishing in Traveling Medical Professional Corporate Housing/Short Term Rental hosting and management of Luxe and Unique Homes on Airbnb.
Jesse experimented his way through his success. Because he was a conversationalist who was very straight to the point, he was able to build a business through solving the problems that travel nurses were facing, which was quality, furnished temporary furnished accommodation with mid-term rental! Through this business approach, he was not only able to create a network, he was also able to build opportunities and provide solutions in a market that needs it. With all the red tape and regulations occurring with traditional short-term rentals and the ability to achieve increased occupancy for your STRs, the mid-term rental blueprint can solve a need in the industry and fill your individual or multiple units at scale when executed properly. Jesse steps in the lab to show us how!
HIGHLIGHTS OF THE EPISODE:
12:04 Choosing Your Niche
26:06 The Importance of Pacing
KEEPING IT REAL:
03:16 Jesse’s Background
15:34 Travel Nursing Industry
23:08 Growing and Building Leads
30:34 Create Lasting Businesses
34:28 Hospital Level
40:54 Extended Hotel Stay
51:22 Umbrella Policy
60:04 Closing
NOTABLE QUOTE (KEY LESSONS):
27:42 “…If you’re consistent with one thing, it’s almost impossible to fail…” - Jesse Vasquez
CONNECTING WITH THE GUEST
Website: https://www.airventurehosting.com/
LinkedIn: https://www.linkedin.com/in/jesse-vasquez-36917a40/
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:
https://experimentrealestate.com/hospitable-hosts
Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment
Hospitable Hosts book: https://amzn.to/3e4LEhE
Instagram: https://www.instagram.com/therealestateexperiment/?hl=en
Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0
#problemsolver #creatingopportunities #lastingbusinesses
Entrepreneurs in their respective industries always strive for great marketing strategies, but a real estate investor like our guest, believes that the greatest marketing of all time is in your branding.
Today, we have the pleasure of having Arthur Colker in the lab, who is the CEO and founder of StayFi — the #1 provider of WiFi marketing services for vacation rental companies. Vacation rental managers use StayFi to brand WiFi, collect guest data, and increase direct bookings, all while providing a better WiFi experience for vacation rental guests. Arthur also holds degrees from Columbia Business School and Georgetown University. Prior to founding StayFi, Arthur led digital marketing strategy at several start-ups and ran his own marketing and branding consultancy.
In this episode, Arthur discusses the advantages that come from getting access to your own email list, what that means for the control that you for your business, controlling your brand’s experience and the endless possibilities of leverage with this data. Vacation rental industry is a big data industry and Stayfi capitalizes on a process that all of our guests are currently doing without the need of any pattern interrupt. That’s what you call a seamless well executed experiment.
To try this amazing alternative, find out how Arthur experimented with StayFi and how efficient it is in your future bookings! Give it a try by clicking this link https://app.linkmink.com/a/stayfi/570 with a bonus COUPON CODE: EXP which offers 50% off the first 3 months of your StayFi subscription! How eLABorative, right?!
HIGHLIGHTS OF THE EPISODE:
09:56 Purpose of StayFi WiFi 20:18 How StayFi WiFi Works
KEEPING IT REAL:
00:36 Introduction
02:14 Arthur’s Marketing History and How He Broke Into the Space of Tools
15:39 Decreasing Dependency
20:23 Access Point Device
32:46 Partnerships
37:02 Closing
NOTABLE QUOTE:
28:29 “…There’s all these very cool advanced things, but I think for most people getting started, get the most basic fundamentals down and then you can layer on more complexity and segmentation as you go along…” - Arthur Colker
18:59 “...Make sure that if they book with you again, they are coming to you directly and that they are aware of your brand and that you are not just a quote unquote Airbnb…” - Arthur Colker
CONNECTING WITH THE GUEST
Website: https://stayfi.com/
LinkedIn: https://www.linkedin.com/in/acolker/
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:
https://experimentrealestate.com/hospitable-hosts
Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment
Hospitable Hosts book: https://amzn.to/3e4LEhE
Instagram: https://www.instagram.com/therealestateexperiment/?hl=en
Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0
#directbooking #marketing #branding
While most investors focus on sharing their passion, Noble on the other hand, emphasizes the importance of being able to solve problems, hence why his business model is business to business – making him a true Entrepreneur.
Noble Crawford is an Entrepreneur, Investor and Consultant who is passionate about building profitable businesses, technology, marketing, real estate and most importantly – investing in people. He is also a 7-year business owner and principal partner in the short-term rental industry. His diverse background spans several years in hospitality, technology, and sales & marketing. Noble has worked with brands such as Marriott, Hilton, IHG, and more. His experience enables him to teach his students how to collaborate with multifamily owners and property management firms to create win-win partnerships.
In this episode, we learn the benefits and importance of having multiple vertical business-integrations. Having many opportunities at hand will increase your options as an entrepreneur, and you are bound to find a business more suited to your abilities. Having multiple businesses that bring in cash flow allows you to build liquidity for times when your primary business falters. Serial entrepreneurs like Noble, prefer to build an organization that has multiple businesses integrated under one umbrella and control the customer experience.
Most serial entrepreneurs are highly experimental, it is simply because successful entrepreneurs like Noble, are willing to change and adapt & integrate what they are doing rather than stick with a plan that is not working – to efficiently provide the best solutions in the marketplace. This is what experimenting is all about,
HIGHLIGHTS OF THE EPISODE:
21:56 LinkedIn Tracing 32:14 What’s A Better Product?
KEEPING IT REAL:
00:53 Introduction
02:38 Noble’s Story
06:24 Opportunity Found Through Displaced International Students
11:40 Corporate Housing
16:59 Financial Aid
21:36 Networking
37:35 How to Run Numbers
45:18 Same Day Cancellation
50:35 Noble’s Favorite Vertical
58:05 Noble’s System and Structure
60:03 Closing
NOTABLE QUOTE (KEY LESSONS):
25:45 “…Open up the conversation by adding value, and then show the difference in your unique selling proposition. Show the difference in your product or service versus what they are accustomed to…” - Noble CrawfordCONNECTING WITH THE GUEST
Website: https://hospitalitycashflow.com/
LinkedIn: https://www.linkedin.com/in/noblecrawford/
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:
https://experimentrealestate.com/hospitable-hosts
Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment
Hospitable Hosts book: https://amzn.to/3e4LEhE
Instagram: https://www.instagram.com/therealestateexperiment/?hl=en
Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0
#serialentrepreneur #verticalintegrations #problemsolving
While some have niched into short-term rental investing, Alex Jarbo niches down even deeper and specifically develops and builds short-term rental properties to the tune of cabins and tiny homes including land plays for multiple lots to build large short-term rental communities.
Alex Jarbo was born and raised in Detroit, Michigan. After high school, he felt that going the traditional route of college and university wasn't for him, so at the age of 18 years old, he decided to join the Marine Corps. Although it was scary at first, he gradually felt more confident and comfortable with his decision to serve his country. Over time, he was able to embody the core values of the Marines: Honor, Courage and Commitment. He served for 4.5 years in the Marines from his station in Washington, DC and towards the end of his service, started to read books about real estate investing.
Alex, at the young age of 27, is now the founder and CEO of Sargon Investments. He is a short-term rental developer and manager. He is a regular contributor to some of the top real estate investing podcasts in the world. He is also the host of the YouTube channel Alex Builds where he teaches how to properly build and manage short-term rentals.
As mentioned, there are a few things that differentiate a short-term rental developer from other developers. First, they build places that are designed to be used as short-term rentals, so they are high quality and well-maintained. Second, they often focus on larger scale developments because they know hotel operators will want to cherry pick the best locations in a city. This means more inventory spread around, which increases the overall supply of available units for visitors across multiple areas of town. Third, with their expertise in short-term rentals, developers like Alex, understand the importance of community engagement and support for local businesses.
Alex’s lab is composed of creating a dynamic, technology-fueled business that is streamlined, strong, and profitable. Tune in to discover what experiments he did to become one of the best in his field.
HIGHLIGHTS OF THE EPISODE:
01:58 Purpose of the Experiment Nation 07:40 Fighter Leader Concept
KEEPING IT REAL:
00:42 Introduction
02:44 Alex’s Story
05:42 Alex’s Mentor That Was Pivotal in the Beginning of His Experiments
14:20 Residential Construction Road
21:26 Alex’s Obstacles
28:15 Alex’s Current Portfolio
36:19 Conversion to Boutique Hotels
41:36 The Secret Sauce
46:29 Lifestyle Business
NOTABLE QUOTE (KEY LESSONS):
4:31 “…I'm always looking for some sort of structure to help me with my goals, cause no matter what goal you have in whatever business outside of real estate, there's a coach, a course, a structure somewhere that someone's already done most of the work, you just gotta figure out how to tap into that....” - Alex Jarbo
CONNECTING WITH THE GUEST
Website: https://sargoninvestments.com/
LinkedIn: https://www.linkedin.com/in/alex-jarbo-28a940139/
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:
https://experimentrealestate.com/hospitable-hosts
Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment
Hospitable Hosts book: https://amzn.to/3e4LEhE
#developer #structuredbusiness #discipline
There’s a significant difference between branding and marketing, and Jordan Kahana, our most recent guest will tell us why. Jordan’s first break was by a desert dog video that went viral on The Dodo with 120 million views! That’s what started Jordan’s journey into marketing but how did he go from that to the short term rental marketing platform that is Stayamo today, a marketplace that has over 600+ homes to rent to 2000+ creators worldwide. Jordan and his team achieved this by combining vacation rentals model with content creators, and he’s laying out the entire game plan in our episode today.
Influencer marketing sometimes gets a bad rep but perhaps because it is misunderstood or even maybe underutilized. Influencers are mostly viewed from an entertainment perspective but can be used as a source of lead generation and brand awareness as there are multiple eyeballs that pay attention to what they talk about and where they go. Enter short term rentals. Tenants love seeing themselves in the place first before considering staying. Content creators give the audience a firsthand, even a creative look into the rental space, allowing them to see what it’s like staying there. It’s a stroke of genius and a combination that gives home owners the ability to even possibly get photography, video and marketing of their house in exchange for a stay.
From his love for dogs and a viral video, to a unique global marketplace, Jordan is yet another example proving that YOU are always just one experiment away.
HIGHLIGHTS OF THE EPISODE:
5:31 Market vs Branding
31:36 51% for the homes, 49% for the influencers
50:40 Advice for short content
KEEPING IT REAL:
1:03 Introduction
4:24 Jordan's Story
7:32 Jordan's Brand
8:44 Managing NFL social media
10:01 Jordan's Viral Video
16:11 How Jordan got into short term rentals
18:21 Best of Airbnbs
20:39 The houses and influencers
24:10 The power of photography
39:12 What do the influencers pay
42:20 Future of Stay Amo
46:12 StayAmo.com
NOTABLE QUOTES:
6:35 “…Marketing is someone who is like, Hey, this is what I'm interested in. These are the avenues and these are the buckets. But when you associate a certain company or activity or something that is branding...”
- Jordan Kahana
CONNECTING WITH THE GUEST
Website: https://www.stayamo.com/
LinkedIn: https://www.linkedin.com/in/jordan-kahana-a1a9397
Instagram: https://www.instagram.com/stayamo/
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:
https://experimentrealestate.com/hospitable-hosts
Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment
Hospitable Hosts book: https://amzn.to/3e4LEhE
Instagram: https://www.instagram.com/therealestateexperiment/?hl=en
Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0
#influencer #contentcreator #shorttermrental
Bill Faeth has been an entrepreneur for most of his life, and it all started with his love for sports. It started with an opportunity as a kid, when both he and his mother were invited to a Lakers game. From then on, he did every business venture you could think of from pizza for his college roommates all the way to 2008, where he discovered inbound marketing, and the rest is history. There is no exaggeration here, after discovering that he could grow businesses while spending minimal costs on marketing, he never looked back. Today, Bill has 24 startups under his belt and counting! He’s built and grown a premium limousine company, and a glow in the dark miniature golf business with over 45 locations, that he launched after his professional golf career, yes he also used to be a professional golfer. Perhaps being esteemed achievers run in the family because his mother was also the 1982 National Kindergarten Teacher of the Year.
Bill has this out drive and lifelong fervor that seems to bleed in everything he’s passionate about. And that’s important to Bill, he must be passionate about what he does. Bill has been involved in real estate for almost 25 years with both commercial and residential investing with a multi-million dollar portfolio of short-term rental properties primarily located in vacation rental markets with a focus on beach, lake, and mountain properties.
In this episode, Bill goes in depth on different types of marketing and the importance of optimizing your sales process. He believes a branded pen is valuable in any short term rental business (find out why in the episode), and that over-saturated markets aren’t exactly a bad thing. He has truly built an entrepreneurial mindset and his years of expertise shines as Bill combines his wealth of knowledge with real estate & marketing in the lab. Bill’s career is a true example of a reminder that you are truly always just one experiment away.
HIGHLIGHTS OF THE EPISODE:
22:55 Building a brand
38:10 Quality over quantity
44:57 Gestalt theory
1:02:39 Work hard
1:12:06 Creating annuity
KEEPING IT REAL:
0:45 Introduction
2:56 Bill's Lakers Story
9:12 Multiple Problem Solving
14:47 What should investors looking at short term rentals should ask?
18:24 Over saturated properties
24:37 Conversion rate optimization
27:38 Segment list
28:50 Cold, Warm, Hot
31:29 Details: pen
32:32 Optimized service
49:41 Be different, be unique
55:34 What to do with rising rates
1:05:35 Arbitrage and co-host
1:08:11 Bill's Vision and life goals
1:14:45 Lesson about syndication
1:20:04 Online Networking
1:26:42 Bill's dropshipping business at 1989
1:31:38 Buildsdrwealth.com / BillFaeth.com
NOTABLE QUOTES (KEY LESSONS):
1:02:41 “…The people that outwork their competition were the ones that win. It's a really fucking simple formula...”
- Bill Faeth
Get coached on how you can repurpose your existing home into an Airbnb with me:
https://experimentrealestate.com/hospitable-hosts
Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment
Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0
#marketing #realestate #shorttermrental
Today marks a milestone for Experiment Nation as we’ve reached our 200th episode mark! This means you now have 200 vetted experiments of knowledge that you can use in your respective lab. Join Ruben as he takes a look back at the numerous resourceful interviews from practitioners in the lab and recaps his most notable and favorite ones. During these 200 episodes Ruben has had the chance to extract concrete blueprints and ingredients from true leaders in their respective real estate & business niches that experiment nation can all delve into and model in their own labs. We are so humbled to have had these leaders officially become part of experiment nation just as much as you’ve become part of our community as listeners & practitioners!
This recap includes some of our favorite practitioners that include Michael Sjogren, Phil M. Jones, Tony Whatley a.k.a the Side Hustle Millionaire, Mr. ‘Beez’ Hendricks, John Jonah and more!
Ruben intends to podcast until the end of time, so with this 200 episode milestone, expect a whole lot more to look forward to thanks to the team at InvestedTalent.com ( our podcast production team) – what this means for you is an endless amount of experiments that you can learn from but most importantly model and take action on. In all of these episodes it is critical to remind yourself that just like the guests that have come on The Real Estate Experiment show, remember YOU are only one experiment away…
Let’s Build!
HIGHLIGHTS OF THE EPISODE:
1:29 200th milestone
5:00 200th Highlights
KEEPING IT REAL:
0:38 Introduction
4:13 Featured on Forbes
5:29 Episode 79 & 91
7:11 Power of convincing
12:05 Amazing CPAs
16:02 onlinejobs.ph
19:40 Episode 161 & 122
21:37 Episode 138 & 149
25:11 Episode 174, 89, 99
31:48 Planting 'seeds'
NOTABLE QUOTES (KEY LESSONS):
“ …It's not about the listenerships, right? I don't even look at the downloads. I know we have a lot, thousands and thousands but that's not what I look for. I look to network..” - Ruben Kenya
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:
https://experimentrealestate.com/hospitable-hosts
Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment
Hospitable Hosts book: https://amzn.to/3e4LEhE
Instagram: https://www.instagram.com/therealestateexperiment/?hl=en
Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0
#milestone
#realestate
#highlights
Alex Sabio is a respiratory care practitioner turned real estate investor who not only lives and breathes real estate but he does so while still having his profession as respiratory therapist. Alex has grown his portfolio while hiring the best resources to help him and selecting the right kind of properties to maximize thousands of dollars in net cash flow per month to optimize for freedom and essentially spend quality time with his family. Alex currently has 5 short term rentals + 2 under contract and is able to implement systems and does it out of state.
Alex talks about trying to syndicate apartments and then his CPA (Amanda Hahn) tapped him on his shoulder to look into STR to material participation hours to claim as real estate professional. Asking the simple question on where to invest next, led him to discover the Smokey Mountains in July 2020. From this deal, he was able to learn a business and then was able to teach it to his very niched community. He today has found tremendous fulfillment helping other healthcare professionals also achieve financial freedom. Alex quickly became the source of inspiration and practitioner to model within his healthcare network.
It’s one thing to have success in your own experiments but it’s another to help others achieve their own. Alex is living and breathing example of that as the respiratory therapist that doesn’t need to help others as healthcare practitioner to make a living but he simply does because he chooses to, the same way he’s chosen to live and breathe short term rentals and help others do the same.
HIGHLIGHTS OF THE EPISODE:
11:48 Opportunity cost
27:36 How did Alex offset his income
34:25 Best insight
KEEPING IT REAL:
0:00 Introduction
2:13 Alex's Story
6:23 Alex's Financial Freedom number
16:16 Alex's profession
23:35 Benefits of cost segregation
30:16 Investing the right person
32:14 Best time to reach out to a professional
34:58 Documenting app
38:24 Alex's ATM machine
41:19 Alex's cashback
44:52 Lessons alex learned
47:41 Appreciate the milestone
49:57 Alex's goal
NOTABLE QUOTES (KEY LESSONS):
“ …The best time was yesterday and the second best time today..” - Alex Sabio
CONNECTING WITH THE GUEST
Instagram: https://www.instagram.com/the_real_alexsabio/?hl=en
Linkedin: https://www.linkedin.com/in/alex-sabio-06481542/
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:
https://experimentrealestate.com/hospitable-hosts
Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment
Hospitable Hosts book: https://amzn.to/3e4LEhE
Instagram: https://www.instagram.com/therealestateexperiment/?hl=en
Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0
#overachiever
#realestate
#success
Ryan Luke is a real estate investor with a very unique model of rental arbitrage baked into his portfolio of properties that he owns as well. Ryan uses his arbitrage model to scale quickly combining cash flow for ownership. He spent months perfecting his business before coming up with a very niched concept in the short term rental industry doing it uniquely overseas, primarily in Dubai. Fast forward now he’s amassed a portfolio of 300+ properties and built a community along the way. Ryan plans on expanding to 5,000 units by 2024, and he is well on his way. The franchise arbitrage model is baked into his rental management – think strength in numbers – and he has leveraged this successfully into a faster cash flow engine in real estate. . Any host looking to scale and borrow this proof of concept can do so, as Ryan says, ‘you don't need to create anything new, just model success..”
Starting a business is not an easy feat, but if you keep at it day after day—you are bound to succeed. After all, Rome wasn’t built in a day. Unfortunately, often with rental hosts they create another job in the process of managing their guests and rentals. Ryan Luke has found a way to work through this using a franchise type model. He’s made everything from scratch and teaches this model to hosts today alleviating them with what they struggle the most – back end operations. Tune in to find out how you can implement this model in your lab or simply plug into Ryan’s model as host as Ryan offers a franchise model as a service to those in a community who are a good fit.
HIGHLIGHTS OF THE EPISODE:
13:46 Good ratio
18:59 What is the scope of the business
41:24 Franchise as an asset
KEEPING IT REAL:
0:00 Introduction
2:47 Ryan's story
6:54 Franchise model
10:07 Buying asset
12:16 Target market
16:01 Family community support
21:44 Where is the team at
26:51 KPIs
28:56 Syndication-like model
30:32 Where did the spark come from
36:34 Ryan's next move
43:57 LukeCapitalGroup.com
45:56 Branding tip
Episode Hashtags:
NOTABLE QUOTES (KEY LESSONS):
“ …I think this goes through pretty much all areas of business . You don't need to create anything new, just model success..” - Ryan Luke
CONNECTING WITH THE GUEST
Website: https://www.lukecapitalgroup.com/
LinkedIn: https://uk.linkedin.com/in/ryanlukeuk
Instagram: https://www.instagram.com/lukecapitalgroup/
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:
https://experimentrealestate.com/hospitable-hosts
Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment
Hospitable Hosts book: https://amzn.to/3e4LEhE
Instagram: https://www.instagram.com/therealestateexperiment/?hl=en
Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0
#mindset #realestate #education
Knowledge is truly power. Traci Gagnon who had only $21 in her bank account, bought a book for $14 that became the catalyst of her success. Now she is a real estate investor and an author. When you're on the edge, you'll do anything to survive—and survived she did. They also say that, ‘the master appears when the pupil is ready’, and Tracy is an excellent example of this. She studied under the greats and became one of them herself. She never stopped being curious about what she didn't know yet, so she kept going and learned everything there was to learn from everyone who knew more than her.
Just like she said, the more you pay, the more you pay attention. She always puts the extra mile in her education, squeezing the ever bit of wisdom she can get. She believes a premium education gives you a long way of success. In this episode, she'll share the secret to her success and much more advice gleaned from those who came before her - all those masters who passed their knowledge down through time so that it could be preserved for future generations like us today to follow in their footsteps. Like Tracy and the greats that paved the way, they all understood very well that you are always one experiment away from success.
HIGHLIGHTS OF THE EPISODE:
9:16 What mindset shift is like
23:49 Strategies for the future market
44:01 Number 1 Key takeaway
KEEPING IT REAL:
0:00 Introduction
2:20 What does Traci do for a living
6:01 The foundation
13:07 How much Traci spends on education
18:22 What's the next thing you should focus on 2022
28:33 Moves an investor should make
32:00 Best move for investors
34:39 Tools for education
41:33 Skill that you should be working on
NOTABLE QUOTES:
“ The universe is always conspiring to help us. And as long as we know that, as long as we believe that and trust that it's the universe's responsibility to put the right books and the right people into our space.” - Traci Gagnon
CONNECTING WITH THE GUEST
Website: https://www.explodeyourcareer.com/
LinkedIn: https://www.linkedin.com/in/tracigagnon/
Instagram: https://www.instagram.com/tracigagnon.realtor/
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:
https://experimentrealestate.com/hospitable-hosts
Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment
Hospitable Hosts book: https://amzn.to/3e4LEhE
Instagram: https://www.instagram.com/therealestateexperiment/?hl=en
Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0
#mindset
#realestate
#education
Stay humble and work hard - Moriya Rockman, Co-Host of the Hospitable Host and Founder of Triangle Luxury, Smiling House Luxury and Villa Tracker. She fell in love with hospitality by chance when she immigrated to the Swiss Alps with her husband. There they had this very old villa where she hosted a friend; her friend introduced her to Airbnb and told her to put it on the market. And then things just snowballed from there - fast forward to today, Moriya has been able to build an empire from scratch with a hybrid management model, serving thousands of clients and helping thousands of investors.
Luxury is all about authenticity not just location, but taking into account the environment, the guests’ privacy, and design altogether is what separates Moriya from the pack. How did she achieve it all with comfortability and a focus on making the property as welcoming as possible. The interesting part is, they operate as OTAs not property managers, with over 140 destinations and 33 countries, and those numbers just keep growing. They are not only disrupting the industry, but also dominating the short term luxury space. Nothing less from the Shorty’s 2020 Pioneer Awardee herself. Tune in to how Moriya achieved this and how they ‘submerged into tech’ that really catapulted them into industry giants. But for Moriya it’s simple, her goal is to make the world a better place with hospitality, one smile at a time, and one experiment at a time.
HIGHLIGHTS OF THE EPISODE:
9:56 What comes first, location or property?
25:33 Management Process
46:38 Commission structure
KEEPING IT REAL:
0:52 Introduction
5:35 Maria's Story
13:23 Design and comfortability
14:16 Creating unique feelings
17:18 Strategic partnership
20:53 Communication techniques
32:54 Learning the standards of the client
37:09 Management/hybrid model
40:07 Triangleluxury.com
43:06 Property managers can give a forecast in our company
48:15 triangle-luxury.com / triangle.luxury
49:52 Moriya's great deal
NOTABLE QUOTES:
“I think as a company, as people, we try not to forget that we are still eye to eye. We are still smiling all the time” - Moriya Rockman
CONNECTING WITH THE GUEST
Website: www.smilinghouse.com
LinkedIn: https://www.linkedin.com/in/moriya-rockman-a3467a13a/?originalSubdomain=ch
Email: www.smilinghouse.ch
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:
https://experimentrealestate.com/hospitable-hosts
Hospitable Hosts book: https://amzn.to/3e4LEhE
Podcast: https://podcasts.apple.com/us/podcast/real-estate-experiment/id1341895972
Instagram: https://www.instagram.com/therealestateexperiment/?hl=en
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#airbnb #realestate #luxury
Be courageous enough to face rejection. Liam Carolan, a real estate investor and co-author of the Hospitable Hosts started out with humble beginnings as a product manager. The thought of leaving his job began weighing heavily on him so he devised a plan for how to do it. He listened intently to podcasts, audiobooks and invested in a mentor which essentially gave him the knowledge needed to start his own business in the short term rental niche and create a true productocracy. A productocracy is “a product or a service that has a distinctive value skew in the marketplace which incites unsolicited recommendations from its current customers, creating new customers. It was never smooth sailing from the beginning as he received about 50 NOs before getting his first YES! And yes indeed, this was just the beginning of what would soon become financial freedom for Liam and his family.
This episode is a long time coming, we’ve been wanting to set this up since working together on the new international best seller, Hospitable Hosts. In this episode. we talk about the ‘chosen grind’, what is rent-to-service accommodation, and everything about Liam’s cerebral approach to scaling and running a sound short term rental operation using a unique approach. Don’t miss this enlightening episode from such a humble and highly successful experimenter like Liam. And just like many of our guests here in the lab, he’ll be the first to tell you that you’re always just one experiment away!
HIGHLIGHTS OF THE EPISODE:
15:52 They're rejecting the offer not you as a person
35:11 What would have you changed if you started all over again
35:55 Failing forward
46:45 Four Pillars
KEEPING IT REAL:
0:46 Introduction
2:58 Hospitable Host Book
4:14 Leaving 9-5 job
9:07 Can you get rich quick
10:49 Quick is all relative
12:22 Liam's story
14:25 Be obsessed or be average
20:24 In every situation, there's an action to change the situation
23:07 Getting the first YES
30:45 Main obstacles
34:23 Proof of concept
40:13 How important is it to have to "pay to play"
43:10 Course junkies
45:37 Paradox of practice
47:28 Technology pillar
51:58 Furniture pillar
53:03 Zip and link
55:45 Analysis pillar
1:00:06 Management pillar
1:04:17 flow.page/liamcarolan
NOTABLE QUOTES
“ Your vibe is gonna attract your tribe” - Liam Carolan
CONNECTING WITH THE GUEST
Website: https://propertyaltcomplete.com/
LinkedIn: https://www.linkedin.com/in/liamsacarolan/
Email: https://gingergoldltd.co.uk/
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:
https://experimentrealestate.com/hospitable-hosts
Hospitable Hosts book: https://amzn.to/3e4LEhE
Podcast: https://podcasts.apple.com/us/podcast/real-estate-experiment/id1341895972
Instagram: https://www.instagram.com/therealestateexperiment/?hl=en
Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0
#airbnb #shorttermrental #bnbmonthly
We got another experiment here at the lab for y’all. Andrew Street is both an entrepreneur and a short term rental host. His company, BnB monthly provides a new model for short-term rentals. His brand’s vision is to innovate midterm rentals: a 30-day plus stay. It's an elevated way of investing through a flexible leasing strategy. Plus, another factor is that it's an automated business, a marriage of technology, innovation and in the case of Andrew, dedication.
You’ve heard of short term rentals, now hear MIDTERM rentals, tune in to learn what a game changer it could be.
In this episode, he'll share his insights about the goal of his company, hosting hacks, the Four Pillars and a whole lot more. Opportunities are rapidly popping up everywhere, and its our goal here in the lab to find them and share it to aspiring superhosts. Never has the real estate industry been this ripe for innovation, especially in the rentals space. All it takes is for the right timing, the right ideas, and the right team to come together, and just like it was for Andrew, innovation is just one experiment away.
HIGHLIGHTS OF THE EPISODE:
22:02 Hosting hack
31:01 BnB Monthly goals
42:01 Four Pillars
KEEPING IT REAL:
0:34 Introduction
1:00 Bigger Pockets
4:59 About Andrew
9:16 Remote management company
11:31 Andrew's call to action
12:52 Turnover BnB
14:04 Hospitable app
17:31 Hostfully app
26:30 Amazon hack
29:39 Customer service is key
33:56 Midterm rentals
36:43 Structuring a 30 day minimum stay
40:05 www.BNBmonthly.com
42:45 Technology insight
43:47 Furniture insight
45:08 Analysis insight
47:38 Management insight
NOTABLE QUOTES (KEY LESSONS):
“Having that ability to just be responsive is gonna change the world for your guest” - Andrew Street
CONNECTING WITH THE GUEST
Website: https://bnbmonthly.com/
Facebook: https://www.facebook.com/realandrewstreet
Email: realandrewwild@gmail.com
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:
https://experimentrealestate.com/hospitable-hosts
Subscribe to our Youtube channel!
Podcast: https://podcasts.apple.com/us/podcast/real-estate-experiment/id1341895972
Instagram: https://www.instagram.com/therealestateexperiment/?hl=en
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#airbnb #shorttermrental #bnbmonthly
Today we have masters of design. The Karwells, creatively derived from a name combination of this powerful duo, is taking the STR world by storm. Emily with her background in fashion and retail, combined with Sarah's creative tenacity. They are a perfect example of polar opposites working perfectly together.
There are levels to this, or should we say, fundamentals to design, and they get a bit tricky when it comes to short term rentals. We'll talk about what to tackle first, their thought process when first entering properties, and how they've structured & partnered with their startup to have proprietary technology to help them find the best properties for their portfolio.
Emily and Sarah are on the verge of creating one of the most unique models, turnkey STR investing with partners. They have proprietary tech called Superhost Labs. We'll get a first peak and talk about how it all came together with help of their charisma and thought leadership via TikTok.
We love seeing ingredients and ideas not only come together but also work together, just like these two ladies who live it AND breath it and truly understand that you are always just one experiment away.
HIGHLIGHTS OF THE EPISODE:
1:54 The inspiration behind the name
13:10 Developing proprietary tech
22:23 Revolutionizing the turnkey short term rental
KEEPING IT REAL:
1:54 Introduction
6:11 Working together
11:48 What is Superhost Labs?
23:01 Tackling the fundamentals of STR designs
40:12 Most common design mistakes
44:20 How to structure a startup
NOTABLE QUOTES (KEY LESSONS):
“We learned that if you want a good product, there’s a minimum amount you need to invest to make sure your guests are getting a good experience. Hospitality First. Investing second.” - Emily Karnaz
CONNECTING WITH THE GUEST
Website: https://www.karwelldesign.com/services
Facebook: https://www.facebook.com/karwelldesign/
Email: social@superhostlabs.com
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:
https://experimentrealestate.com/hospitable-hosts
Subscribe to our Youtube channel: https://www.youtube.com/c/RealEstateExperiment
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airbnb
shorttermrental
superhostlabs
One of the most dominant property management softwares is Guesty For Host App which helps short term rental operators automate their front, middle and back office operation as short term rental hosts regardless of size of their business. As a matter of fact, Guesty for Hosts is the app that we use internally to manage all of our short term rental units that we own and manage.
Guesty for hosts gives new and seasoned operators the ability to synchronize all listings into one place, automate guest communication, easily integrate with the industry's top OTAs, dynamic pricing tools and a selective group of smart lock vendors to truly systematize your daily experiments in the short term rental space. This includes but is not limited to being able to generate income reports, and even the ability to create a direct booking website in less than 5 minutes.
We sit with Markus Nordvik, one of the GMs and masterminds behind the Guesty For Host application. He shares with us the vision of the app and what’s to come as Guesty continues to serve the budding short term rental operator. We're also hosting Alex Sabio - a real estate investor who's been using Guesty For Host in his latest experiments. He'll share his insights on how he leverages Guesty as a growing operator with a full time career in healthcare.
In the lab we can say Guesty for hosts has helped us elevate our STR experiments but don’t take it from us, take it from the experts & practitioners themselves in this episode with Markus and Alex.
HIGHLIGHTS OF THE EPISODE:
7:24 Experience as a Guesty For Hosts user
17:51 Guesty for Pros app
24:10 Tips for new Guesty For Hosts app
KEEPING IT REAL:
0:54 Introduction
3:32 Getting into short term rentals
9:33 Favorite feature of the guesty for host app
14:43 Gaps missed or available
20:57 Who's the Guesty for Pro app for
22:32 Other elements are missing from the app
NOTABLE QUOTES (KEY LESSONS):
“There are gonna be a lot of different PMSs out there with high level PMSs and then some extremely basic one. But bang for your buck. Guesty For Host does it for me. I don't want it to be complicated. I don't want it to be too basic either. And the price is just right” - Alex Sabio on Guesty For Host app
CONNECTING WITH THE GUEST
Website: https://hosts.guesty.com/
Linkedin: https://www.linkedin.com/in/mnordvik/
Instagram: https://www.instagram.com/the_real_alexsabio/?hl=en
Linkedin: https://www.linkedin.com/in/alex-sabio-06481542/
Subscribe to our Youtube channel!
Podcast: https://podcasts.apple.com/us/podcast/real-estate-experiment/id1341895972
Instagram: https://www.instagram.com/therealestateexperiment/?hl=en
Apply for an American Express Card with this link. We can both get rewarded if you're approved! http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:
https://experimentrealestate.com/hospitable-hosts
#app
#shorttermrental
#brand
How do you build a brand in the STR community, stand out, and make your guests feel even more welcome? This episode, I have the pleasure of stepping into the lab with my man, John Hildebrand, who is all about investing in short term vacation homes away from home while building a brand in the STR community. His story and approach to build an Airbnb business around an established brand and reputation will inspire you on your journey. From helping others build their brand as photographer to building his own in the short term rental niche, John shares his humble beginnings as a photographer and how that ultimately led him down a path to becoming one of the first Airbnb Brand Ambassadors.
I'm so excited to share this fun talk with John. He's one of the STR community's most original, creative and inspiring entrepreneurs. He'll talk about how he got started in Airbnb as a student with ‘school hacking’, how he moved back home and expanded into Arizona, how he learned heating the hard way (but made it worthwhile!), and how concierge service will be the future of STR. Every superhost will want to hear what he has to say and emulate his energy. Even though he started as a photographer and a student with debt, he made it all work at the end, thanks to his attitude. A perfect reminder that YOU are ALWAYS one experiment away.
HIGHLIGHTS OF THE EPISODE:
19:02 Is it all about location?
34:32 How to Brrrr with numbers
44:40 Airbnb Brand Ambassador
KEEPING IT REAL:
2:35 Audio DMs and reciprocal energy
4:47 John’s Photography background
10:00 Paying the bills and school hacking
12:24 How John got into Airbnb
16:31 Why look at a million houses?
19:02 Is it all about location?
24:28 Moving to Arizona
27:21 Lightbulb moment: Scaling
**29:31 Bigger Pockets plus Buy and hold?
34:32 How to Brrrr with numbers**
39:37 John’s portfolio
44:40 Airbnb Brand Ambassador
51:44 John’s coaching and webinar
59:16 Three tips from John
CONNECTING WITH THE GUEST
Website: https://www.hildehomes.com/
Instagram: https://www.instagram.com/johnhildebrandsicky/?hl=en
YouTube: https://www.youtube.com/channel/UCtSryk8gxjf8i4CEu5whRng
Facebook: https://www.facebook.com/hildehomes
Subscribe to our Youtube channel!
Podcast: https://podcasts.apple.com/us/podcast/real-estate-experiment/id1341895972
Instagram: https://www.instagram.com/therealestateexperiment/?hl=en
Apply for an American Express Card with this link. We can both get rewarded if you're approved! http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:
https://experimentrealestate.com/hospitable-hosts
business
vision
alignment
Ryan Webster is a multifamily investor and operator. Before he began working in real estate, Ryan enjoyed the opportunity to build things and sell them off. But then he reached a turning point in his mid-life journey (a crisis, if you will); something was still missing, and that time with his family. In our path to provide and pursue excellence, it's easy to lose sight of why you are doing it in the first place. So he pivoted towards investment and managed a way to make passive income while also investing alongside other strategic partners who shared his commitment to excellence. That is how Equity Yield Group exists today.
Equity Yield Group’s aim is one of the most prominent and trusted real estate investment firms specializing in institutional grade multifamily assets. What makes them different is their groundbreaking formula. Their company provides clients with robust, calculated returns without losing sight of our ultimate goal; preserving capital. They can afford to make strategic investments without risking too much, thanks to Ryan’s diverse experience. Come listen to how it all came together. Journey with us from Ryan’s ups and downs, family life, and failures. When you hear his story you won’t ever want to give up in your respective lab, because like Ryan, you’re always just one experiment away.
HIGHLIGHTS OF THE EPISODE:
6:06 - What makes equity yield different from everybody
13:22 - Renovation Bump
37:17 - Managing a fund/portfolio
KEEPING IT REAL:
0:30 - Introduction
2:57 - Ryan's Story
3:50 - Equity Yield Group
9:23 - Range of rates
15:09 - Why Florida
17:13 - Operator experience
18:35 - Passive investors
20:09 - Third party applications
21:26 - Referrals
24:59 - How to get more investors
26:57 - Finding the right business partner
28:12 - What makes things work with your business partner
29:27 - Opportunities of Ryan's business
33:50 - Future of Equity Yield Group
NOTABLE QUOTES (KEY LESSONS):
“There's some different benefits for investors investing in a fund. Beyond diversification, you also kind of get the benefit of being able to kind of invest in a time machine. Because if you're coming into a fund that already has assets that were purchased with cheaper debt, uh, before rates started going wild, those deals are gonna have higher cash flow cash flow.” -Ryan Webster
CONNECTING WITH THE GUEST
Website: https://www.linkedin.com/company/equity-yield-group/?trk=similar-pages
Facebook: https://www.facebook.com/pages/category/Real-Estate-Investment-Firm/Equity-Yield-Group-104940504437848/
YouTube: https://www.youtube.com/channel/UC4aRGm_b8VPbBKxMqZ_qYIw
LinkedIn: https://www.linkedin.com/in/ryan-webster-3104841a9
#Multifamily
#Syndication
#Investing
Sometimes we are pulled in many directions when pursuing our goals. If you have a lot of projects on your plate, you need to find the most efficient way to work so that you can stay sane and maintain momentum. Don’t let the overwhelm break you, instead break all your goals down into manageable chunks. I mentioned a book that teaches the importance of mapping out your NEXT 15 MOVES. After all, if you want X Y Z then you have to work on A B C first.
This is where prioritization comes in handy. It helps you organize your thoughts and take action by focusing on what's important first. It can be easy to get sucked in wanting to try everything, but in the lab, you need to work effectively and efficiently. You want to be able to experiment strategically. And then come back with a solution after developing an understanding of what is required to solve the long-term goal. This is where tools like reverse engineering, accountability, and restructuring can allow you to surpass your goals as it relates to the direction you’re headed.
No matter how many steps you have to get to point Z, it won’t feel as overwhelming when your goals are mapped out because you get to be more conscious about each step. The whole point is to experiment, fail, learn and repeat; and when you do this enough times - you’ll surpass what you envisioned. Remember you’re just one experiment (at a time) away.
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:
https://experimentrealestate.com/hospitable-hosts
Subscribe to our Youtube channel!
Podcast: https://podcasts.apple.com/us/podcast/real-estate-experiment/id1341895972
Instagram: https://www.instagram.com/therealestateexperiment/?hl=en
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goals
accountability
experiment
This episode is to remind us all in our respective labs that often we are closer to our goals and dreams than we think. Most importantly it’s important for us to remember that on the other side of our goals exists a resource, person, insight, idea or piece of information that we don’t know that will help us get over the huddle. It’s important that we face this opportunity starting with WHO not HOW.
In the short term rental space, as a virtual airbnb superhost, the answer to our problems is usually just one call away. Whether it’s a plumber, contractor, manager or even a runner, the solution should never start with “I”...it should always start with ‘who.’
You can apply the same concept in your bigger experiments. To overcome the obstacle and or simply get over the otherside – in this day and age, your answer may truly be just a call away…to a mentor, paying for a consult or simply asking someone who’s been in the exact place you want to be in like some of the guests that I feature on this podcast.
So reflect and think, what is it that I am trying to accomplish and who can help? Am I just one call away or one experiment away? Chances are you might be.
The answer may not always lead you to the first major win in your lab but every question and experiment gets you closer. Remember you don't have to win all your fights; neither do you have to fight them alone, but you must fight all of your fights. So ask yourself, are you asking who?
Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:
https://experimentrealestate.com/hospitable-hosts
Subscribe to our Youtube channel!
Podcast: https://podcasts.apple.com/us/podcast/real-estate-experiment/id1341895972
Instagram: https://www.instagram.com/therealestateexperiment/?hl=en
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responsibility
shorttermrental
experiment
As short-term rental hosts, we are no stranger to mistakes. Humans make mistakes, it's normal but when they keep happening over and over again, then we're not being careful enough. Even though some mistakes may not be your fault, there is still something that you contributed to whatever happened - and ultimately, these choices are yours and yours alone to shoulder; nobody else's. Not to punish yourself or anybody, but to build on, and that’s ownership. When you deflect responsibility you are missing out on opportunities for change in the future.
When we had our new car broken into after our honeymoon, I wondered what precautions I could have taken. It also taught me that there are people in the world that understand taking ownership, and it helps if we do too. There are many different pieces involved with hosting guests remotely - so many variables and people to take responsibility for. So you’ve got to do your due diligence. In business as well- accountability is an important value, whether it be towards your work, business or dreams. It goes all the way from customer service to our ticket flight disaster, to taking ownership for your dreams. Always remember you are one experiment away from your dreams. Let’s build.
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Podcast: https://podcasts.apple.com/us/podcast/real-estate-experiment/id1341895972
Instagram: https://www.instagram.com/therealestateexperiment/?hl=en
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Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:
https://experimentrealestate.com/hospitable-hosts
ownership
accountability
responsible
What is the difference between staying in Airbnbs vs staying at hotels? And if you stay at both, can you take some elements from both that work in both places? Typically, it's all about an experience that is convenient.
Think about who your customer is and what they're looking for. Hotels usually have a concierge that makes guests feel taken care of plus room service and valet. An Airbnb host might find ways to provide those things too - like meeting up with guests before they arrive or doing a consult session before arriving.
Using both types of accommodations can provide us insight into where we can improve upon traditional hotel offerings. If you are hosting remotely like we do, these insights will come in handy - do your guests prefer privacy or would they like to receive personalized luxury services when they check in?
When it comes down to it, privacy is one big element that elevates an Airbnb from regular accomodation to a premium product. Just remember there's always going to be tradeoffs between 'hands-on white glove' service and giving guests a lot of space. Figure out which side of the coin suits you best as an Airbnb host.
What's important here is understanding which aspects of each hospitality type you can apply to fill in those gaps so you've got everyone covered. Let's build.
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Podcast: https://podcasts.apple.com/us/podcast/real-estate-experiment/id1341895972
Instagram: https://www.instagram.com/therealestateexperiment/?hl=en
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Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:
https://experimentrealestate.com/hospitable-hosts
Travis Smith is the Founder and CEO of Tribevest, a platform that makes it easy to invest as a group and do deals together in as little as 48 hours. He started his career with Morgan Stanley but realized the most direct path to wealth and financial freedom wasn’t as an individual. The path is as a group, as a tribe. Travis is obsessed with building a platform that standardizes, streamlines, and ultimately de-risks group investing. He won’t stop until every single deal on and off the internet is an opportunity for a multi-player experience.
Before building Tribevest, Travis was a top financial advisor at Morgan Stanley. Armed with his wealth management training, he became a thought leader in the FinTech industry focused on digital payments. He led the Strategic Alliance team at Jack Henry & Assoc., a multi-billion dollar FinTech company and core software for thousands of banks. Through these experiences, he discovered it was exponentially more fun to disrupt the reigning wealth management institutions than to be part of them. Through Tribevest, Travis seeks to empower everyday people through accessible group investing.
Travis and Tribevest have been recently featured on TechCrunch and ColumbusInno after raising $3m for Tribevest’s collaborative investing program.
Join us today and let us all learn why doing deals together as a tribe is the path to wealth and financial freedom and how Travis was able to build platforms that made group investing accessible to anyone.
HIGHLIGHTS OF THE EPISODE:
03:17 - CreatingCollaborative Investing company
07:38 - Creating a momentum that leads to investment
11:15 - Getting Incremental step
13:39 - The First Deal
KEEPING IT REAL:
17:00 - Fun of Being an Entrepreneur
20:08 - Getting the Threshold
21:10 - Learning and Growing
28:30 - What is Tribevest?
35:51 - Putting deals on the internet
41:55 - Tribevest’s Mission
43:43 - What your Tribe represents
46:00 - Connecting with the guest
NOTABLE QUOTES (KEY LESSONS):
“There's deals all around you. But, unless you tell somebody that you are an investor, unless you tell somebody that you're out there looking for deals, you never know where those deals are.” -Travis Smith
CONNECTING WITH THE GUEST
Website: https://www.tribevest.com/
Facebook: https://www.facebook.com/tribevest
YouTube: https://www.youtube.com/channel/UC5o_sFxVQb5mvCLlaIcG3DQ
LinkedIn: https://www.linkedin.com/company/tribevest/
Instagram: https://www.instagram.com/tribevest/
Twitter: https://twitter.com/tribevest
LinkedIn: https://www.linkedin.com/in/travissmithmovethechannel/
#CollaborativeInvesting
#Tribevest
#GroupInvesting
Nancy is a physician, eye surgeon, and real estate investor. As a graduate of Yale University and Harvard Medical School, she currently lives in Atlanta, Georgia with her husband and two young daughters. As an ophthalmologist, she helps people see better so they can regain their identity, dignity, and vision for the future. Nancy started investing in real estate to create passive income, hoping to regain control of her time and stop trading time for money. She currently owns and operates a real estate investment portfolio in the Atlanta area.
She founded Clear Vision Capital Group to not only grow her own portfolio, but also to help others realize the power of real estate investing. She is passionate about helping others, especially physicians, gain financial literacy and achieve financial security through real estate investing. As an impact investor, Nancy believes that real estate investing can deliver attractive financial returns while also making a positive social impact. Part of the profits from her company is donated to give the gift of sight to someone in need. Using real estate, she’s on a mission to cure preventable blindness globally.
Join us in the lab today as Nancy shares the importance of real estate investing and how this can help in achieving cash flow and financial security for everyone.
HIGHLIGHTS OF THE EPISODE:
03:07 - Background of the guest
07:57 - Learning Process
12:09 - Introduction to Real Estate
14:40 - Started Buy and Hold Investing
18:45 - Analyzing a Property
20:14 - Capex
KEEPING IT REAL:
22:41 - Financing
24:38 - ROI and ROE
26:37 - Multifamily Syndication
29:57 - General Partner vs Limited Partner
32:30 - Residential vs Commercial Real Estate
34:11 - Active vs Passive Investing
39:20 - Make money work for you
45:08 - Why Invest as a limited partner
49:33 - Cash Flow
57:43 - Roles a sponsor should have - Airplane Analogy
59:52 - Putting together a team
1:02:32 - Importance of Relationships
NOTABLE QUOTES (KEY LESSONS):
“No matter what you do in this investing space, get educated. There's no better investment than to get educated. No one can take that away from you. And the more educated you are, the more confident you are. But with that education, you have to take action.” - Dr. Nancy Huynh Nancy Huynh, MDNancy Huynh, MD
CONNECTING WITH THE GUEST
Instagram: https://www.instagram.com/_clearvisioninvesting/
Facebook: https://www.facebook.com/clearvisioninvesting/
LinkedIn: https://www.linkedin.com/in/nancyhuynhmd/
Website: https://clearvisioninvesting.com/
Sign up for a Free Course: https://clearvisioninvesting.com/
#BuyandHoldInvesting
#MultifamilySyndication
#GeneralandLimitedPartner
Bailey is a Real Estate Investor, a young budding Entrepreneur, and a college drop-out. He started his career at just the ripe age of 20 while studying, taking calls and reservations in the middle of class. He began to ask ‘why?’ when he’s earning so much already. Bailey was one semester away from graduating college then he decided to drop out. It’s an incredible story. No one approved, especially his parents. There was so much uncertainty getting into real estate at his age, and of course a college degree naturally felt like a safer, more necessary option.
This decision ended up taking him to great success and he credits it all to networking. Bailey didn't have the knowledge, he started from scratch but with the courage to take that one step forward without any guidance, he found & created connections that got him to where is today. If it’s already difficult to network as an adult, it’s twice as difficult to do as a college drop out. But again, Bailey made it work. In this episode, Bailey tells his story on how networking is very crucial. He also shares real life proof of how he did it and everything else he’s learned and improved on since starting, from STR, to financing, to price experimentation.
This talk at the lab with Bailey will show us what networking means to him, and why it's so important. He believes that without networking, you wouldn’t have the experience or knowledge to know what you need and want with whatever industry you are in. Bailey is a living, breathing proof that networking is not only a concept but actually a necessary foundation to build great success upon. So let's get your pen and paper, listen, and let’s build y’alls network.
HIGHLIGHTS OF THE EPISODE:
8:24 - Thought process
14:57 - Networking as a student
16:49 - Reaching out to podcasts guest
KEEPING IT REAL:
2:38 - Bailey's Story
3:07 - Rich Dad Poor Dad
6:09 - How did you manifest your vision
11:16 - Feedback from decisions
12:17 - Before and After doing Real Estate
21:48 - Who introduced you to real estate
24:25 - Short Term Rental
29:33 - Financing the property
31:32 - House Rehab duration
34:12 - Price Experimentation
37:37 - Setting the minimum
42:02 - Plans for the future
43:01 - Co-hosting Properties operations
48:57 - Future Projections
NOTABLE QUOTES (KEY LESSONS):
15:12
“I don't have enough money. I don't have enough credit score. I don't have experience with all those things. [But] If you just find people who have those things, your issues are solved” - Bailey Kramer
CONNECTING WITH THE GUEST
Instagram: https://www.instagram.com/the_bailey_kramer/?hl=en
LinkedIn: https://www.linkedin.com/in/bailey--kramer/
Website: https://www.baileykramer.com/
network
podcast
realestate
This episode is brought to you by our team at InvestedTalent.com a sponsor of the new amazon best seller book: Hospitable Hosts.
Invested Talent is the same agency Ruben founded that produces The Real Estate Experiment show, we are not only honored to have sponsored this book but we are also excited to launch the Hospitable Host podcast coming soon.
Today, the team has the pleasure of producing an episode where Ruben read chapter 26 of the Hospitable Host book (Repurposing A House Into a Home) for those who enjoy listening vs. reading. As an audible fan himself, Ruben went along and recorded some additional dialogue & insights to his chapter as bonus content not found in the book to fully serve the experiment nation community.
Tune into this one to learn how you can repurpose your house into a home and become a hospitable host, you don't want to miss this one.
And if you have yet to claim your physical copy and would like to benefit not only from Ruben's chapter but the other 30+ hosts from around the world. Make sure you get your copy here.
https://amzn.to/3NgeTKK
If you're looking to launch your own show or audible, reach out to our team at InvestedTalent.com and book a discovery call here: https://investedtalent.com/schedule-a-call/
repurposed
housetohome
therealestateexperiment
Heather Dreves is a fund manager that specializes in private real estate funding. She has been in the industry for over seventeen years and has raised over $300 million dollars in her time with Secured Investment Corp, for investors for dozens of different projects. She believes in building relationships with both investors and real estate developers, which is one of the reasons her fund has grown so much over the years and she is an expert at helping property owners achieve their goals of exiting their businesses and real estate investments.
In this episode, Heather shares her insights about the industry and their unique funding plan as a company. Private funds are an alternative to public equity investing. There are many potential benefits to private fund investing, such as higher returns and lower volatility than in the public markets. Private equity firms may have an experienced management team and valuable industry expertise, but like all investments, there are some risks involved.
This is where Heather comes in. She’ll detail the ins and outs of private funding and why due diligence is so important no matter what type of funding you choose. The lab is full of great insight from industry experts and this episode is no different. Let’s build.
HIGHLIGHTS OF THE EPISODE:
18:16 - Short Term Loan
23:20 - Idea behind our funding services
29:40 - Funding vs Multifamily syndicators
KEEPING IT REAL:
3:17 - Private Real Estate Funds
5:54 - Residential Real Estate
10:33 - Fund Managing
12:40 - What happens when demand increases
16:15 - Who is not private funding for
34:23 - Bad fund operators
37:11 - Notes or deeds of trust
43:35 - Considering short term rentals
NOTABLE QUOTES (KEY LESSONS):
43:44
”Whether it's properties we're buying or loans we're originating. One of the things as a fund management team that we've experienced for all these years [is that] we're only as good as the exit.” - Heather Dreves
CONNECTING WITH THE GUEST
Website: https://securedinvestmentcorp.com/
LinkedIn: https://www.linkedin.com/in/heather-dreves-6204a242/
privaterealestatefunding
privaterealestate
realestateexperiment
In this episode, we are repurposing everything in the lab including this episode. We’ve used the word ‘repurpose’ SO many times, it has become one of our core values that we share with experiment nation and our clients at investedtalent.com and today we have the pleasure of having Hani Mourra who shares these same core values with us that he went as far as creating a well known product to help content creators and thought leaders repurpose their content via repurpose.io.
Hani Mourra is a software engineer turned entrepreneur. And in the process of geeking out as a content creator, Hani found a niche that combined his engineering experience and his tenured love for technical automation. He started his journey with a simple WordPress plugin. Soon his friends kept asking for his expertise to make their podcast publishing easier. His vision began to form and his interest in technology sparked an idea. This was the moment repurpose.oi was born.
Repurpose.io is a tool that allows content creators to easily automate and build their assets to improve their workflow. He believes that content creation should be easy, playful and fun. Hani had the goal to ‘make it fresh’, make it work and remove all the hassle in between. From plugins to content repurposing, Hani has always thrived in building software that solves digital solutions.
Many marketers know that content has a shelf life. We have to continue finding new ways to keep that content relevant in the overwhelming waves of digital marketing. It’s all about finding the right tool.
If you are planning to create your social media content efficiently AND effortlessly, the lab is exactly the right place for you. Watch the episode and learn all about the tool that can change your social media content game. Let’s build!
HIGHLIGHTS OF THE EPISODE:16:02 - The Start of the repurpose.oi
24:20 - The Social Media that gets the most traction
34:19 - How to use repurpose.io efficiently
37:38 - How to build your own software
**KEEPING IT REAL:
03:41 - Hani’s Story
05:53 - Blogging while working
07:39 - User experience feedback
11:02 - Choosing the right decisions
12:57 - Strategy of your idea
14:00 - What makes content creation difficult
15:15 - Features of the product
19:44 - Target for your product
23:32 - Plans for the future
28:26 - Tiktok Integration
32:17 - Most traction of your product
41:00 - Baseline costs of making your own software product
43:35 - Building a brand to connect with people
45:23 - Problems encountered
46:42 - Coming up with the brand name
48:34 - Knowing what you want to do in life
49:37 - How many users are on the platform
50:13 - Users' testimonials
CONNECTING WITH THE GUEST**Website: https://repurpose.io/
LinkedIn: https://www.linkedin.com/in/hanimourra/?originalSubdomain=ca
Facebook: https://www.facebook.com/hanimourra
Contentrepurposing
Repurposeio
Therealestateexperiment
This week in the lab we have no other than our very own practitioner Dr. Rachel Gainsbrugh, a pharmacist by day and Short Term Rental Investor by night.
Dr. Rachel cracked the code to generate income without having to punch a time-clock, work overnights or 14-hour shifts. By day she is a trained hospital informatics pharmacist. By night she is the owner, with her husband Jesse Gainsbrugh, of a growing luxury short-term rental empire spanning three states (Georgia, Pennsylvania, and Florida). Dr. Rachel is also the founder of Short Term Gems, a high-level resource portal and online luxury short-term rental academy, teaching busy professionals all the action steps to cash in on passive income via luxury rentals.
Rachel is also generous with her time. She shares relevant trends and opportunities freely in Clubhouse rooms and on Facebook Live interviews with her 1,500+ members of a private Facebook group called Luxury Real Estate Investing for Financial Independence: Short Term Rentals. Short Term Gems is a resource portal owned and operated by Dr. Rachel Gainsburgh, based in Peachtree City, GA. Founded in 2019, Short Term Gems is educating thousands of working professionals on the action steps to enter and profit in the short-term rental industry.
If you want to learn how you can make money with luxury short term rentals, you’ll definitely learn what you need to get started with Rachel Gainsbrugh. Let’s build!
HIGHLIGHTS OF THE EPISODE:01:28 - Introduction
03:56 - Avoiding the Commodity
09:11 - What is a Luxury Short Term Rental and what makes it different from STR
16:27 - What a Luxury STR workflow is like
**KEEPING IT REAL:
20:31 - Getting the client and implementing the experience
25:00 - How to make a unique and repeatable system that can be scaled
29:08 - The dynamics of structuring a concierge team
33:30 - What makes a luxury product
39:16 - How to maintain a pet friendly environment
46:11 - What a good stepping stone is to convert a unit to luxury STR
52:35 - Baselines that make sense
55:26 - Long term bookings
58:38 - Building the relationship
1:01:59 - Negotiating the price
1:08:58 - What we should be looking out for
1:14:44 - What someone is willing to pay to fix a pain point
1:27:17 - Solving the pain points
NOTABLE QUOTES (KEY LESSONS):**
*10:05
"If you can curate an environment where the communication is top notch, you curate an environment where they connect with one another, they can connect with nature, they can live like a local and have an authentic experience, you are on the precipice of a luxury rental" - Rachel Gainsbrugh*
*0:02
“When we’re competing with everyone, it makes us a little bit more of a commodity. I didn’t want to be a commodity, and that’s why it was important for me to niche.” - Rachel Gainsbrugh*CONNECTING WITH THE GUESTWebsite: https://rachelbnb.com
LinkedIn: https://www.linkedin.com/in/dr-rachel-gainsbrugh-4bb33721/
Facebook: https://www.facebook.com/groups/422973842093365
Instagram: https://www.instagram.com/short.term.gems/?hl=en
LuxuryShortTermRental
STR
NichingDown
If you know anything about me, you know as your host (Ruben Kanya) I love experiments and one experiment that I've fallen in love within the last 2 years is the short term rental/ vacation rental industry also known as the #airbnb space.
Here's a summary of my infatuation for the short term/ vacation rental space:
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I've interviewed over a dozen owners and operators in the #airbnb #vacationrental industry who have collectively hosted hundreds of thousand of guests and have made millions in short term rental/vacation rental income.
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My show is sponsored by one of the biggest Short Term Rental PMS softwares in the industry @guestyforhosts
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I am part of multiple short term rental masterminds as a constant student of the game
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We own our own STRs here in Atlanta
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I am a licensed short term rental realtor specialist and have a team that helps investors buy short term rentals
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I've helped my family members buy short term rentals
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I've helped friends buy short term rentals
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I've helped investors sell short term rentals
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I've co-hosted short term rentals
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We have our own company that manages short term rentals
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I am an airbnb superhost
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We've received 100s of 5 star reviews hosting guests from around the world in our homes.
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I've coached brand new hosts become super hosts
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I have spoken as a guest speaker to multiple meetups & masterminds.
So it’s only right that I co-Author a new book with some of the most respectable hosts in the game, some of which you've already seen on our show. The book is called Hospitable Hosts and I need all my PEOPLE to go in my bio and get on the VIP waitlist for the May 16 launch. I count on you Experiment Nation, Family and friends to support this new project that I'm extremely humbled and excited to be a part of. In my chapter, you will understand what it means to me to be a hospitable host & hopefully receive the inspiration to join me in becoming one! It's changed my life & the industry has done the same for the many guests who are lucky to stay under the roof of #HospitableHosts like us.
Click the link in my bio via @therealestateexperiment to get on my VIP waitlist for the book coming this May 16th! or go to: https://experimentrealestate.com/hospitable-hosts
Guesty unique link: https://hosts.guesty.com/?=therealestateexperiment
BecomeaHospitableHost
RealestateExperiment
ShortTermRental
Chad Griffiths visits us in the lab to experiment commercial industrial real estate investment and give a quick look at retail properties. He gives us an idea of what to expect when investing in industrial real estate and the ways it can provide headache-free tenants based on the various unconventional models that industrial real estate provides in addition to high returns.
Working as an industrial real estate broker for more than 15 years, Chad has completed more than 500 client deals with both small and big institutional companies. He’s the host of The Industrial Real Estate Show and has delved into CCIM, REFM, and SIOR. Rightfully, he has been dubbed as an influencer in his field by GlobeSt.com.
Tune into this episode if you’re looking to learn the basics of industrial real estate and whether to buy or lease.
HIGHLIGHTS OF THE EPISODE:
5:59 - What really is industrial real estate
18:08 - Should you buy or lease as an investor?
27:44 - The beauty of triple net lease in industrial real estate
KEEPING IT REAL:
2:57 - Should you try out CCIM, REFM, or SIOR?
8:23 - Three categories of industrial real estate
14:30 - Do retail chains buy or lease industrial properties?
21:35 - The importance of following market trends from Alberta to New York
32:34 - The usual cost of retail chain industrial properties
33:49 - How to get headache-free tenants
38:33 - Property managers as a strategic partner
42:01 - Multifamily vs industrial cap rates and IRRs
51:45 - Are commercial industrial properties good for your portfolio?
56:17 - What is percentage rent?
NOTABLE QUOTES (KEY LESSONS):
“You need to look at real estate as a conduit functioning for your business.”
“You need to just make the best decision for your business, regardless of whether that’s a sale or lease opportunity. Just make the decision that you can for the business.”
“There’re industrial leases that last longer than the average marriage. It’s a long-term commitment.”
CONNECTING WITH THE GUEST
Website: https://industrialize.com/
Email: griffithscre@gmail.com
YouTube: https://www.youtube.com/c/ChadGriffithsCRE
LinkedIn: https://ca.linkedin.com/in/chadgriffiths
Facebook: https://www.facebook.com/ChadGriffithsIRE
Twitter: https://twitter.com/ChadGriffiths
properties
industrial
realestate
Lauren Cohen joins us in the lab to experiment immigration and international investing — as an international lawyer and cross-border expert. Lauren's personal experience with her then-husband’s deportation launched her flight into investing across borders, using real estate as a tool to help investors legally migrate to the United States.
In this journey, Lauren has become the president and founder of e-Council Global where she helps entrepreneurs from all over the world expand their companies globally through international investment. She’s also the founder of Find My Silver Lining, a 501(c)(3) organization that offers strategic guidance in business matters for working parents and mompreneurs.
Tune into this episode if you’re looking to immigrate into the US as an entrepreneur through real estate investments.
HIGHLIGHTS OF THE EPISODE:
3:16 - Investing with Lauren
5:28 - Your options when coming into the country as an investor
11:30 - Employment visa vs. real estate visa
KEEPING IT REAL:
14:38 - Why franchising is better than building a start-up
17:31 - Hiring people for your visa
19:59 - Changes in the EB-5 Immigrant Investor Program
24:30 - Visa categories you need to know
30:00 - Why you can’t get a visa for investing in syndication
33:41 - Biggest tax mistakes for immigrant investors
36:28 - Lauren answers why you should move to the US
NOTABLE QUOTES (KEY LESSONS):
“For around a hundred thousand, you can own that business, run that business, hire people, and create your own destiny.”
“The government loves franchises, they don’t love start-ups.”
“One of the biggest mistakes people make is thinking that if they have an LLC, they’re going to be able to invest and have tax benefits—you’re not.”
CONNECTING WITH THE GUEST
Websites:
- investingacrossborders.net
- realestateacrossborders.com
Instagram: https://www.instagram.com/investing_across_borders/
YouTube: https://www.youtube.com/channel/UCc6urWxttkC6J6W04qYQSAQ
TikTok: https://www.tiktok.com/@laureniab?
LinkedIn: http://linkedin.com/in/lauren-a-cohen-9b54b11a2/
Facebook: https://www.facebook.com/eCouncilInc/
Podcast: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5zaW1wbGVjYXN0LmNvbS9hYVFoWG80Yg?sa=X&ved=0CAMQ4aUDahcKEwiw2b_xrvP2AhUAAAAAHQAAAAAQAQ&hl=en-PH
immigration
internationalinvesting
realestate
We’re in the lab again to uncover Tonya Weathers’ multiple learning journeys — what we call experiments in our lab to evidently get to her investment end goal of becoming a multifamily syndicator. Tonya leveraged one property to another to get to her end strategy which is what we reinforce and encourage you to do in your own lab. Tonya’s mission has been to break the generational curse and has been able to accomplish this and share her success with others — predominantly minority women with her experience in short-term rentals, house hacking, multifamily investing, including her most recent project of flipping a home simultaneously. Today, she’s on a mission to catapult women and their families into financial freedom.
Tonya is the founder of Breaking Curses: Real Estate Investing Academy, where she mentors women through 1-on-1 and group coaching. Her goal is to help women get a handle on their finances and understand why real estate is one of the most powerful tools in doing so.
If you’re looking to leverage multiple strategies outside of real estate such as whole life insurance, self-directed IRAs to then leverage those into real estate opportunities such as Airbnb, flipping to then get to your end goal i.e. multifamily investing like Tonya, this episode is for you to see how one experiment can domino effect into another to get to your ultimate end goal.
HIGHLIGHTS OF THE EPISODE:
3:27 - Tonya’s aha moment: Breaking the generational curse with real estate
41:35 - What is Whole Life Insurance?
57:34 - Investing on the moon
KEEPING IT REAL:
17:03 - Experimenting with short-term rentals
20:31 - House hacking for beginners
25:41 - Selling for multifamily
28:40 - Going through learning journey phases
33:17 - Building a portfolio to get you into multifamily
36:45 - From employed and real estate investor
44:55 - Talking about infinite banking
46:57 - Leveraging your 401K
54:31 - Tonya to her younger self
1:05:13 - Mentor vs. coach
NOTABLE QUOTES (KEY LESSONS):
“Don’t be afraid to dream big…heck, maybe do some investing on the moon.”
“Never invest in a 401K.”
“Make your money work for you a little quicker and in a better vehicle than to let your employer only give you X percent which you probably can’t afford to match.”
CONNECTING WITH THE GUEST
Websites: https://www.tonyaweathers.com
Instagram: https://www.instagram.com/tonyaweathers/
Email: hello@tonyaweathers.com
Leverage
Journey
RealEstate
GUEST SUMMARY:
We’re back in the lab with ex-Army Officer Brent Bowers who left the life of deployment to become the Land Shark that he is today. After more than 8 years of service and a baby on the way, he felt like he needed to spend more time with his family and experimented in the world of real estate. He started with rentals until he found a podcast, much like this one, that opened his eyes to investing in land. The rest is history.
Today, he is the CEO of ZechBuysHouses LLC which has Vacant Land of the Free, Discounted Houses Colorado Springs, Rent2Own Colorado, and Co-Working & Shared Space all under this brand. He’s also a mastermind of The Land Sharks Program helping more and more people build, scale, and grow a business in land real estate.
Tune in to learn more about opportunities that exist in land, how to sell your land quickly, and the military reverse planning of how to dominate this hidden real estate niche.
HIGHLIGHTS OF THE EPISODE:
2:39 - Brent’s WHY: leaving military deployment for real estate financial freedom
7:26 - How Brent got into GO-mode
13:43 - What made Brent get into land investing
KEEPING IT REAL:
17:25 - What is the opportunity in land?
25:22 - Is land a commodity or is all land created equal?
27:41 - How do you earn from mortgage notes?
31:48 - What is the Dodd-Frank Act?
32:52 - Selling your land quickly
36:11 - Brent’s tips on how to sell your land
38:30 - What is buildable land?
41:05 - How to get your operation off the ground and how to scale it
45:44 - Do you still get conversions via mail?
49:01 - Brent as a mastermind
NOTABLE QUOTES (KEY LESSONS):
“The cow doesn’t just give the milk, you have to go out and put the work in.”
“Your mouth is your biggest moneymaker.”
“What are builders and developers good at? They’re good at building and developing, not sourcing land and finding land, so it is in high demand.“
CONNECTING WITH THE GUEST:
Websites:
- thelandsharks.com
- brentbuyshousesfast.com
- vacantlandofthefree.com
- discountedhousescoloradosprings.com
- rent2ownco.com
- coeasyoffice.com
Instagram: www.instagram.com/brentlbowers/?hl=en
Podcast: podcasts.apple.com/us/podcast/do-or-die-series-episode-01-how-to-wholesale-your-first/id1051156990?i=1000506163738
YouTube: www.youtube.com/channel/UCX4sxJwiz7ET7AKTXD9SA8A/featured
E-mail: brent@thelandsharks.com
LinkedIn: www.linkedin.com/in/brent1
Guesty Link: https://hosts.guesty.com/?=therealestateexperiment
LandShark
Investing
Landlord
GUEST SUMMARYWe are back in our respective lab with the man that helped us build it. John Jonas is the reason why this episode is even possible and has been produced in a collective effort by our team sourced from onlinejobs.ph. John Jonas is the founder of onlinejobs.ph – the job board for virtual workers in the Philippines. He discusses his journey into growing his businesses by outsourcing tasks and leveraging other people's time to build his business. What it’s like to outsource business processes and the process to finding the help that you need to grow your business by leveraging the right platform and setting the right expectations when onboarding a virtual assistant who John prefers to call an Online Filipino Specialist (OFS).
After having built rapport with a few VAs, John was forced to step away from his business for a family emergency for several weeks forced to give the keys (figuratively) to his VAs to run his business remotely. Upon his return, the business had operated as usual without him running, it is then that John truly realized the power that this could have for entrepreneurs globally. He then built a platform to do just that.
Fast forward to today, John has contributed to helping over 100,000 Filipino workers and entrepreneurs like himself nationwide hire expertise to help support their businesses and lifestyle while providing many opportunities for a workforce overseas.
If you’re looking to build your business and get your time back in a scalable and affordable way onlinejobs.ph is what you need to implement in your experiments, John has created a platform that can give you the support and freedom you’ve always wanted in your & business.
HIGHLIGHTS OF THE EPISODE:03:07 - Guest intro and background
05:22 - The problem John was trying to solve
07:13 - VA vs OFS
KEEPING IT REAL:14:44 - John on whether he feels like he’s steering the ship or getting help with directions
16:56 - John’s thoughts on going for qualities that show someone is willing to learn or skillset
20:36 - The first tactical thing to do when working with OFSs
26:20 - Does John tell OFSs why they’re doing what they’re doing?
31:02 - Initiative: hire it or teach it
32:54 - What it looks like to outsource everything
42:51 - Big no no for business owners who’s looking to scale
47:38 - Advice for building teams
49:18 - An interesting illustration of how things work with people in the Philippines
52:06 - How impactful it was to outsource from the Philippines
NOTABLE QUOTES (KEY LESSONS):“Hire the best available person and best doesn’t necessarily mean highest skills”
“I try and explain the why behind stuff every single time and that's why definitely helps them solve problems”
CONNECTING WITH THE GUESTWebsite: johnjonas.com
onevaaway.com
Onlinejobs.ph
replacemyself.com
Twitter: https://twitter.com/replacemyself
Facebook: https://www.facebook.com/onlinejobs.ph
Youtube: https://www.youtube.com/c/OnlinejobsPh01
Podcast: johnjonas.com/podcast/
“The secret sauce of outsourcing”
Book: The Outsourcing Lever: Secrets of How Successful Entrepreneurs Grow Their Businesses with Virtual Assistants Kindle Edition
GUEST SUMMARY
TJ steps into our lab while having multiple experiences in a lab of his own as a mechanical engineer turned rental-preneur. TJ’s short term rental journey started from working in the oil and gas industry as a mechanical engineer to real estate, using data, the numbers, and other tactics to predict STR and arbitrage opportunities, and finding his niche in the industry before venturing out.
While working in the oil and gas industry, TJ bought his first investment property in 2015. Between 2015 and 2017, TJ went on to complete several wholesale and fix & flip transactions. He also purchased several rental properties in the same period. In 2017, TJ discovered the short term rental strategy and hasn’t looked back. TJ bought and remodeled his first short term rental property in November 2017. His portfolio now exceeds 30 units of a mix of single and multi-family properties that he buys, remodels, furnishes, and turns into full-time short term rentals, 60% of which he owns and the rest of which he masters a unique scalable strategy called rental arbitrage. As of late TJ has acquired a boutique hotel, with all his experience, he uses his platform - The Short Term Rental Roadmap to teach others on how they can do the same thing.
If you’re looking for ways to combine short term rental investing a.k.a airbnb homes that you but while also leveraging rental arbitrage as a way to acquire more in your portfolio, this episode is for you.
HIGHLIGHTS OF THE EPISODE:
00:43 - Guest introduction
03:59 - TJ’s background
04:34 - What gets TJ out of bed
10:10 -TJ’s A-ha moment
12:20 - What made TJ realize he didn't want to be an employee for the rest of his life
KEEPING IT REAL:
13:51 - How TJ found the Short Term Rental niche and who gave him permission to make that pivot
18:16 - TJ learns about arbitrage
29:07 - Deal first or lenders first?
32:53 - How TJ looks at arbitrage opportunities and using data to predict them.
36:39 - Additional tactics that can be used to predict arbitrage opportunities in addition to using the data
37:28 -Vacation vs. short term rentals
39:22 - Partnership with TJ
41:00 - Being in Houston, is it strategic for TJ or did it just happen?
42:47 - TJ’s vision for getting into multifamily deals
45:42 - Favorite app TJ uses day to day
46:19 - The best habit that serves TJ
46:34 - Book that TJ recommends right now
NOTABLE QUOTES (KEY LESSONS):
06:04 “At the end of the day your why is what’s gonna allow you to keep pushing.” - TJ Tijani
07:12 “We have to wake up acting like somebody handed us a million dollars every single day.” - TJ Tijani
CONNECTING WITH THE GUEST
IG: @TjTijani
Website:http://www.strroadmap.com/
TJ’s Masterclass: http://www.strroadmap.com/masterclass
This episode is brought to you by our sponsor Guesty.com which is a property management software that Ruben and his team use as short term rental Superhosts to manage and streamline all communication with their guests and team to make it a memorable stay for each guest that books their property. Use our private unique link here https://hosts.guesty.com/?r=therealestateexperiment to let Guesty know we sent you!
GUEST SUMMARY
In the lab we have Stephanie Walter, CEO of Erbe Wealth. She’s a capital raiser, syndicator, real estate investor, business owner, and financial educator who recently retired and sold her insurance agency of 16 years. Stephanie is able to share with Experiment Nation a unique perspective having worked in the corporate world, been a business owner and having real estate syndication replace her business and corporate income by achieving better cash flow through real estate syndication. Stephanie shares key principles that she teaches other professionals to use, how she pushed back against frustration from her early career by starting her own agency, and the path that led her from owning single family properties to real estate syndication.
Stephanie worked as an insurance claims adjuster straight out of college and was frustrated after a two percent raise for eight years' work. Shortly after a conversation with her Father about it, She gave her two weeks notice and then started her own insurance agency. Sixteen years later, she sold her agency and got into real estate as part of her retirement plan. She learned about syndication after attending a boot camp and since then never looked back. Since retiring and selling her agency in 2021, Stephanie and her partners have closed their 11th syndication and have committed to educating other professionals on how to protect, grow, and preserve their wealth.
If you’re looking to scale from single family homes to syndication as a business owner and/or while still being an employee then this episode is definitely for you.
HIGHLIGHTS OF THE EPISODE:
01:22 - Guest introduction
04:03 - Stephanie’s background
08:47 - Why Stephanie started a business in the same industry she worked in
10:33 - How Stephanie went about her mentorship in real estate and the insurance industry
KEEPING IT REAL:
13:51 - Stephanie talks about bootcamp and learning about syndication
16:05 - Why real estate syndication is more dominant
19:55 - Stephanie’s first deal and how she started her mentorship in real estate syndication
21:42 - Stephanie talks about partnerships in syndication: general partners (GP) and limited partners (LP)
23:19 - Being a GP and LP at the same time on a deal and why it can be beneficial for both dealmaker and investors
24:06 - Using the 1031 exchange on a syndication deal.
27:21 - Unlearning the way we do things and making the 401k work to your advantage
31:53 - What Stephanie would say to someone who’s looking to invest
35:20 - Getting into a syndication: take part as an LP or try to be GP as fast as you can?
41:49 - Structure of being a general partner and its benefits
43:58 - Would you rather buy another insurance agency or would you rather buy a building?
47:28 - Why Stephanie would rather start investing in syndication earlier
49:55 - The biggest misconception about viewing money that we need to unlearn
51:31 - The most effective tool that Stephanie uses on her day to day
53:03 - Stephanie’s favorite book
54:27 - Four different properties of 100 units or One property of 400 hundred unit
NOTABLE QUOTES (KEY LESSONS):
07:31 “It doesn’t take a long time once you’ve switched your mindset to what you can achieve” - Stephanie Walter
13:01 “ You only can invest in what you understand.” - Stephanie Walter
CONNECTING WITH THE GUEST
Website: https://www.erbewealth.com/
LinkedIn: https://www.linkedin.com/in/stephanie-walter-057594196
Facebook: https://www.facebook.com/pg/erbewealth/posts/
In this episode, Ruben discusses strategic branding and how to build a brand around your niche. The best thing you can do for your brand is to be very niched and make it very clear who you are serving, understanding their obstacles and desires.
If you're looking to build a brand and are hesitant of niching down with the concern that you're alienating other prospects — embrace this resistance because it is the very thing that will make your brand stand out in your respective marketplace.
If you're a real estate thought leader looking to build your brand book a discovery call with us at investedtalent.com
GUEST SUMMARY
Today Johnny Wolff joins us in the lab. A real estate entrepreneur, Founder and CEO of HomeRoom Coliving shares with Experiment Nation how you can turn the challenges you face in your real estate journey into business opportunities, using data analysis to figure out your next move, and solving the problem of getting your investment properties rented with technology. Homeroom Coliving was born out of Johnny’s problem of finding roommates for his rent hacking strategy — where he maximizes renting by the room in his investment properties. After a few years, he turned this issue into a business that simplifies remote investing and streamlines affordable renting.
Johnny started investing in real estate after college and bought a single house in 2018, since then, he has worked on 140 homes across 30 cities with 1,000 tenants. With the founding of HomeRoom Coliving, Johnny and his team has successfully connected countless rental property investors seeking a turnkey experience with renters seeking quality and affordable coliving housing.
If you’re interested in room hacking, investing in roommate housing, and how tech may play a big role in enhancing your coverage and building a community for your business then do not miss this episode. Join us in the lab as we learn from Johnny Wolff’s experience and strategies on how to earn more with roommate housing.
HIGHLIGHTS OF THE EPISODE:
03:52 - Guest introduction
05:16 - Turning a problem into a business
07:44 - Johnny's first investment
KEEPING IT REAL:
08:36 - Kind of property Johnny bought for starters
13:03 - Why self directed Individual Retirement Account is beneficial
16:15 - How Johnny was able to get bigger returns by having multiple people under one roof.
19:43 - Tools for data analysis
20:56 - The kind of property to look for when room hacking
24:06 - Why Johnny started self managing his roommate houses
27:21 - How Homeroom Coliving started
31:53 - What’s booming right now based on analysis
35:29 - Why roommate housing earns more than a standard single family option
38:23 - What investors can expect when working with Homeroom Coliving
39:22 - Why the Homeroom app is better than craigslist
42:18 - How the Homeroom community grows
44:41 - The Homeroom app, its utility, and possible direction
47:33 - The people and books that inspire Johnny
51:16 - Best habit that serves on a day to day basis
51:44 - The biggest misconception that needs to be hurdled over
NOTABLE QUOTES (KEY LESSONS):
50:50 - “Building sideways is good and it's hard but it has enabled us to offer a really unique experience for investors and tenants” - Johnny Wolff
53:29 - “If you can figure out any way to trick yourself to just jump off the cliff and into the water, then when you get into the water you learn how to swim - Johnny Wolff
CONNECTING WITH THE GUEST
Website: www.livehomeroom.com
Website: https://johnnywolff.com/
Email: johnny@livehomeroom.com
Linkedin: https://www.linkedin.com/in/johnnywolff
Twitter: https://twitter.com/johnnystryker
Facebook: https://www.facebook.com/livehomeroom/
GUEST SUMMARY
We brought Mark Podolsky in the lab, a former investment banker turned into what people refer to as ‘The Land Geek’ share with Experiment Nation how you can build a profitable business from dirt. Often in the lab, we’ve had investors discuss multiple real estate models built on land, but Mark takes us back to the core foundation asset in real estate — land. You’ve heard the saying, ‘They’re not making any more of it’, and for this reason, Mark has found a niche in an indestructible niche of the very same place we find ourselves experimenting on everyday — land.
Mark has been buying and selling raw land for over 20 years. He completed over 5,500 land deals and his company received an A+ rating with the Better Business Bureau. Mark is also the author of Dirt Rich, a guide to help you build passive income by raw land investing. Believe it or not, by leveraging technology and a remote team, Mark is practically able to do this anywhere in the world.
If you are interested in buying, selling and leasing land remotely, then this episode is for you. Join us today as Mark steps into the lab and shares some different strategies and knowledge on how you can build a passive income by turning a raw land into a profitable business.
HIGHLIGHTS OF THE EPISODE:
04:44 - Guest background
06:12 - Why land is an interesting asset
07:46 - Turning land into a profitable business
10:52 - Creating a passive income
KEEPING IT REAL:
13:20 - What is a Land note?
16:05 - Who are the avatars for the Land Note
20:35 - Note strategy
25:33 - Becoming the “Land Geek”
28:20 - Finding buyers to flip land
34:02 - Good land vs a great land
35:49 - Key things to include in the marketing
37:28 - How long does it take to do due diligence
40:04 - Difference between buying and selling raw land vs residential land
42:28 - What’s next for Mark?
45:26 - Backend systems
NOTABLE QUOTES (KEY LESSONS):
33:36 - “Value is in the eye of the beholder.” - Mark Podolsky
42:38 - “I think people always want a real asset and I think they always want a good deal. As long as those two things remain, then the land investing niche will continue to thrive.” - Mark Podolsky
CONNECTING WITH THE GUEST
Website: https://www.thelandgeek.com/
Facebook: https://www.facebook.com/thelandgeek
LinkedIn: https://www.linkedin.com/in/thelandgeek
Instagram: https://www.instagram.com/thelandgeek/
YouTube: https://www.youtube.com/user/TheLandGeek
GUEST SUMMARY
This week Phil Capron joins us in the lab as a navy veteran, Founder of Mission First Capital — which provides investment opportunities for veterans. As the author of "Your VA Loan: and How It Can Make You a Millionaire", Phil not only talks the talk, but he walks the walk having been in the same shoes as a veteran's face today. He purchased his first home in 2010 using a VA loan while on active duty.
Phil Capron, served as a Naval Special Warfare Combatant Craft Crewman. Upon getting out of the military, He got his start in the real estate business by flipping properties in coastal Virginia, helping many of his veteran peers as a real estate agent. Upon transitioning out of the military and elevating in his real estate ventures getting into apartment syndication, Phil quickly realized that there was a limit in the amount of veterans he could include in his deals for the simple fact that they couldn’t afford the traditional investments in the range of 50K as a barrier of entry. It became very clear that he couldn’t include his veteran military brothers and sisters due to regulations surrounding net worth or income.
Phil then decided he was going to level the playing field and fix that. Mission First Capital was born. At Mission First Capital, Phil makes it feasible for investors to invest as little as $5,000 which allows him to serve & educate his military community on the advantages and power of being able to invest in real estate assets collectively.
10 years and over 500 apartment units later, Phil's focus is expanding real estate opportunities for military members and veterans. His next mission is to create 1000 veteran-owned small businesses in the next 10 years
Ten years and counting in the real estate game, Phil is a true veteran of experimenting, as he experimented a proof of concept and is bringing it back to his community to build on. If you're a veteran or anyone else who feels that some barriers of entry exist, Phil joins us in the lab to help you break through those beliefs and give you real life solutions to overcome them.
HIGHLIGHTS OF THE EPISODE:
05:50 - Guest background
08:38 - Definition of Veteran
13:02 - How Mission First Capital created
KEEPING IT REAL:
17:56 - How to know if it’s a bad advice
20:54 - Measuring a good investment
22:29 - Syndication
27:49 - Goal for Mission First Capital
30:48 - What should be the best Call to Action
32:45 - Biggest misconception
33:27 - Best Advice Received
35:42 - Favorite Book
36:41 - Best tool
36:53 - Best Habit
37:55 - One 300 Units vs 3 buildings of a 100 unit
39:05 - Cash Flow vs Equity
NOTABLE QUOTES (KEY LESSONS):
"We only get one go around at this that we know of so you might as well take every opportunity everyday and do what you wanna' do."
"When you find something that works, don't keep it a secret."
"You need to work to learn before you work to earn."
CONNECTING WITH THE GUEST
LinkedIn: https://www.linkedin.com/in/phil-capron-mission-first-capital/
Website: https://missionfirstcapital.com/
Facebook: https://web.facebook.com/missionfirstcapital/?_rdc=1&_rdr
Twitter: https://twitter.com/MissionFirstCap
Instagram: https://www.instagram.com/missionfirstcapital/
GUEST SUMMARY
This week in the lab, we have Steven Pesavento, an entrepreneur, real estate investor, host of The Investor Mindset Podcast, and president of VonFinch Capital. He went from zero to buying, to the single-family operator and flipped over $22 Million in 2 years and 200 houses in under 3 years. He successfully raised $10’s Million of dollars which cycled through multiple assets.
After leaving his management consulting profession and the tech world, he started real estate as a business seeing it as just buying an asset to operate and make a profit. Little did he know, he fires up every time he learned something from the most successful entrepreneurs and thought leaders and investors in the world. He powers up when he can bring impact and inspire people. Now their company has grown through discovering the Investor Mindset. They are focused on rapid growth and modeling success. Their investors have the freedom to have diversification.
As an experienced investor, he shares his experiments, strategies and the common denominator he’s found rubbing shoulders with the best in the industry on and off his Investor Mindset podcast. If you are on a journey of experimenting with your business in real estate and honing your mindset to be successful, you’ll certainly learn a ton from a true practitioner Steven because he is obsessed with understanding how we can think better, be better, and do better.
HIGHLIGHTS OF THE EPISODE:
4:44 - Guest background and a glimpse of his mindset
8:03 - Steven’s initial input
12:54 - Nurture versus Nature
KEEPING IT REAL:
19:43 - In-depth ongoing through experimentations and getting results
27:51 - What Steven’s Company do for investors
31:52 - Allowing investors to have diversification
33:14 - Tax strategies
36:16 - Multiple common denominators of successful individuals
NOTABLE QUOTES (KEY LESSONS):
“Mindset is simply your thoughts and beliefs that end up leading to the actions you take. Therefore the outcomes you experience are when you realize that mindset itself is just the operating system and when you can change that code you actually start having a different result .”
“When you're in survival mode you can do anything. Anything is possible but it's really important to get aligned with those values.”
“The difference I see in very successful investors and entrepreneurs is that they see challenges as opportunities.”
“Go towards the obstacle because that's where you're going to grow.”
CONNECTING WITH THE GUEST
Website: https://investormindset.com/
Facebook: https://web.facebook.com/thestevenpesavento?_rdc=1&_rdr
LinkedIn: https://www.linkedin.com/in/stevenpesavento/
Instagram: https://www.instagram.com/steven.pesavento/?hl=en
Twitter: https://twitter.com/stevenpesavento?lang=en
Ebook: 5 success principles - https://investormindset.com/5-success-principles/?utm_source=podcast&utm_medium=podcast&utm_content=5sc-optin&utm_campaign=5sc-optin
GUEST SUMMARY
Bill Gross has been in sales, management, ownership and was at one point a lender that ended up carving out a niche as the go to probate expert in LA, building his book of business, and now taking on bigger initiatives in helping his team do the same within the space. Bill reminds us of the importance of building a network whether you’re in business or not to be able to leverage your network which eventually turns into your net worth — if done properly and strategically. Bill practices what he preaches as someone who's leveraged his network before and after he was in business to bring it all full circle. When the mortgage crisis hit, Bill had been in 12 companies in 13 years due to the instability within the marketplace, so Bill was then driven to control his destiny and build his own business within a very unique niche — today known as the go to probate expert in LA, which pays more than dividends when it comes to being a thought leader in the marketplace that everyone gravitates towards and keep in mind first. More notably, his strategic partnerships play a huge factor in his ability to serve those who need it the most. Lots of notable gems in the lab for this one, tune in.
HIGHLIGHTS OF THE EPISODE:
2:28 - Guest background
5:07 - When did Bill get into real estate
7:26 - Key advice for new real estate investors
14:33 - Advice for new Agents
KEEPING IT REAL:
20:14 - Defining probate and how did it come into play
25:36 - Importance of niches
32:09 - In-depth on Probate
42:41 - Good fundamentals is good fundamentals
44:51 - What’s next for Bill
48:47 - Bill’s Thought Process on reaching goals
CONNECTING WITH THE GUEST
YouTube: https://www.youtube.com/BillGrossEXP
LinkedIn: https://www.linkedin.com/in/billgrossexp/
Facebook: https://web.facebook.com/BillGrossEXP?_rdc=1&_rdr
Instagram: https://www.instagram.com/BillGrossEXP/
Twitter: https://twitter.com/BillGrossEXP
In this episode Ruben talks about the proper way to look at experiments and how to execute them in your lab in 2022. Experiments have three key layers.
-
Execute all experiments from beginning to end
-
Allow series of experiments to compound to see the results
-
Identify how less experiments can lead to more in your lab or how to experiment bigger with the same amount of energy & effort
Let's build.
This episode is brought to you by Boostly.co.uk. a company built to help short term rental hosts get direct bookings to not solely depend on OTAs such as Airbnb, VRBO, Expedia, etc. in order to be more in control of your business. Leverage the OTAs just as much as they are leveraging you! In order to do so, make sure to get your hands on a copy of the The Book Direct Playbook at https://boostly.co.uk/book
GUEST SUMMARY
Michael Morawski is a real estate investment veteran. He has controlled over $285,000,000 in real estate transactions. He is an entrepreneur, author, real estate trainer, public speaker, and personal coach with a strong, personal resilience, and deep desire to help others accomplish an extraordinary life. He has coached hundreds of real estate investors to fulfill their dreams.
Mike started his career as a general contractor in the Northwest Suburbs of Chicago with $5 mm in annual revenue. He then sold his company and took some time off to decide what to do next. He entered the real estate industry as a sales agent building a team of agents and support staff that produced over $20 mm per year in sales production.
Mike started a private equity firm in 2005, raising $18 mm in private equity and acquired $60 mm in multi-family apartments including 4,000 units in five different US markets. As part of the company’s growth, Mike built and developed a property management division that managed 7,500 units, along the way Mike ran into some hiccups and lessons that he shares with us and leading to him being indicted into prison.
In this episode, Mike rolls up his sleeves and shares wisdom from his wins and losses and reminds us that success always leaves clues. If you want to know how to identify your blind spots and anticipate red flags with deals, partners and your portfolio, Tune in to this episode, you’ll be glad you did.
HIGHLIGHTS OF THE EPISODE:
02:44 - Background of the guest
05:44 - Transitioning to Real Estate
08:18 - For sale by owner strategy
10:33 - Disadvantages of technologies (cellphones)
KEEPING IT REAL:
13:45 - Educate yourself by reading a lot of books
16:57 - Getting different coaches
18:50 - Get a coach that is 10 steps ahead of you
21:23 - Private equity model
25:33 - Raising capital on the first deal
28:02 - Starting off with a bad deal
30:54 - What if the market’s going to crash
32:10 - Not be over leveraged
35:05 - Underwriting deals
37:02 - 3 Core Businesses of the guest
43:45 - Make sure you’re always disclosing deals to your investors
48:21 - Don’t ignore the red flag signs
54:37 - Fundamental Lessons
57:27 - What’s next for Mike 3
NOTABLE QUOTES (KEY LESSONS):
03:13 - “ If you do whatever successful people have done, you can cut the learning curve and cut the time.”
“A good coach can’t be your friend.”
17:26 “You need to go on and get something else from somebody else.”
56:22 - “Success leaves clues. And don’t let your past or your stumbles define you because they’re not who you are. Take action and move forward.”
CONNECTING WITH THE GUEST
Website: www.mycoreintentions.com
Email: mike@mycoreintentions.com
Facebook: https://www.facebook.com/mycoreintentions
LinkedIn: https://www.linkedin.com/company/mycoreintentions/
Instagram: https://www.instagram.com/mycoreintentions%20
Book: https://mycoreintentions.com/product/exit-plan-ebook
GUEST SUMMARY
Roddrick Jones, CEO and Co-Founder of Aparti Capital, is a consummate real estate professional with strong experience in real estate principalling and transactional finance.
He helps investors acquire Multifamily Real Estate with strategic financing. Roddrick focuses on the combination of senior debt, mezzanine debt, preferential and common equity into what he labels as the capital stack for investor’s to take advantage.
Roddrick comes into the lab to talk about the layers of the capital stack with respect to returns and risk, often overlooked as an instrument used to get the best returns for yourself and your investors.
Roddrick is able to explain and challenge the quintessential 75% debt and 25% equity but he dives a bit deeper as he talks about the different tranches within the different layers of capital. If you’re looking to further understand how to structure your financing in your lab, you may want to tune into this episode to finance your very own experiments in your lab very strategically.
HIGHLIGHTS OF THE EPISODE:
02:17 - Background of the Guest
03:19 - Serving the Community
06:11 - What Brokering means
07:33 - Asset Based Brokering
KEEPING IT REAL:
09:50 - Why we are getting push backs
13:54 - Investing in deals
18:51 - Taking on the entire stack or one layer at a time
21:19 - Breaking down the percentage of the layers
26:25 - The Key Stakeholder
28:00 - Growing with the Client by the best of both ways possible
30:57 - More In-Depth on current property investment
35:48 - Pitch Deck
40:30 - Roots of Roddrick
47:14 - What is next for Aparti Capital Markets
50:06 - What drives Roddrick Jones
53:15 - What is the back end of loan processes
57:05 - Favorite Book - The Carpenter by Jon Gordon | Rich Dad Poor Dad by Rober T. Kiyosaki | The Magic Of Thinking Big by David J. Schwartz
58:35 - Best Habit
59:16 - Best Tool
NOTABLE QUOTES (KEY LESSONS):
10:27 - “A sponsor and an investor are in a business of finding deals and finding money. And if you are not finding deals, you better be finding money and if you’re not finding money, you better be finding deals.”
CONNECTING WITH THE GUEST
Website: www.aparticapitalmarkets.com
Linked: https://www.linkedin.com/in/roddrickjones
Facebook: https://www.facebook.com/aparticapitalmarkets
Instagram: https://www.instagram.com/aparticapitalmarkets/
Email: roddrick@aparticapitalmarkets.com
Phone: 770-41-51602
Joining us this week in the lab is Julie George, author of the best-seller book “Million Dollar Host” and a rockstar expert on Airbnb who built a unique property portfolio in less than 3 years with $8million dollars booking income.
Julie lives in Australia, studied Hospitality Management, and dreamt of running her own hotel. After working for years in a corporate company, she decided to break free and be her own boss, have that financial freedom and flexibility to do whatever she wanted. She started with little secretarial service, an errand running service, and then bought a few investment properties. Since Julie loved the real estate industry, by the time her long-term renter moved out she discovered the world of Airbnb in 2016. She went from earning $240 per week to $600 per week using the sharing platform of Airbnb.
Julie’s first year in the short-term rental business grossed her total income of $1.4 Million. She loves to experiment which is why her unique business structure and operation made her dream of running a hotel into 130 instant hotels. Imagine her one property accommodates 400-500 guests per night, bigger than the biggest hotel in their city. Making her the Industry Expert on Airbnb in Australia. As a way of Julie’s giving back to the community she now travels the world speaking, mentoring, and consulting on ‘Airbnb’ and ‘building a business on the back of the sharing economy.
If you want to learn and be successful in putting your property in Airbnb, develop your unique business structure, and make use of the social media platforms, you’ll definitely want to hear from Julie on how she had the right model on the right framework in the right vehicle! So, grab your pen and notebook, and together let’s build!
HIGHLIGHTS OF THE EPISODE:
04:01 - Background of the Guest
07:24 - Launching the first STR
11:35 - Be passionate about what you’re doing
14:57 - Trying to figure out bringing people in
19:18 - Finding the guest - Airbnb
KEEPING IT REAL:
24:44 - Developing a business structure
28:03 - Charging the cleaning fee
31:20 - Franchise model inspiration
35:51 - How other property hosts brings some business
39:44 - Key takeaway for good branding
44:41 - Buying the furniture
47:48 - Not all properties are right for STR
51:52 - Structuring partnerships
55:09 - Favorite Book - Get Paid for Your Pad
55:55 - Best Habit - Achieve one thing per day
57:15 - How impactful is social media
1:02:08 - Connecting more with the guest
CONNECTING WITH THE GUEST
Website
Youtube
This episode is brought to you by our sponsor Guesty.com which is a property management software that Ruben and his team use as short term rental Superhosts to manage and streamline all communication with their guests and team to make it a memorable stay for each guest that books their property. Use our private unique link here https://hosts.guesty.com/?r=therealestateexperiment to let Guesty know we sent you!
GUEST SUMMARY
This week in the lab we have Reed Goossens, an Australian Civil and Structural Engineer turned Real Estate Entrepreneur, a two times best selling author, real estate syndicator, investor, and Podcast host.
After backpacking around in 2009 and coming back to corporate, he stumbled across the well-known book Rich Dad, Poor Dad which opened his eyes to using money to work for him. He then spent half of his savings to move across the world to come to America and build his American dream. But Reed built his American dream in a very unorthodox way, it wasn’t getting a good job to own a single-family home, rather it was getting a job leveraging his expertise as a civil engineer to help him obtain a visa in the U.S. to gain proximity to working closely with investors. Reed achieved his American dream through real estate syndication.
Half a billion in assets under management later, Reed is still finding ways to make breakthroughs through curiosity and constant education. He has done his share of sharing what he has learned as a two times bestselling author of Investing in the U.S. - the Ultimate Guide to US Real Estate and 10,000 Miles to the American Dream. As the host of the “Investing in the U.S. Podcast’ we are honored to be joined by another long-distance experimenter, podcaster and are in great company to receive true and tested experiments in the lab.
If you want to learn how you can come to the U.S. to build your empire through real estate syndication, you’ll most certainly learn more than a thing or two from Reed Goosens. Let’s build!
HIGHLIGHTS OF THE EPISODE:
03:05 - Guest Background - Living the American dream
11:34 - Tertiary Markets outside New York state
14:54 - Learn from your first deal
17:35 - Mindset over everything
KEEPING IT REAL:
22:17 - Creating wealth
26:59 - Bringing value through social media
31:49 - Key Takeaway - know how to solve a problem
35:14 - Being curious is an advantage
38:44 - Plane and Pilot Analogy
40:16 - Building a strong foundation
43:02 - Expedite the process
46:47 - Where curiosity leads you
49:41 - Favorite Book - Key Person of Influence
51:27 - Best Habit - meditation
51:42 - Best Application - Slack
52:00 - 3 100 unit apartments
52:13 - Why Class A?
52:52 - Self manage or outsourced
NOTABLE QUOTES (KEY LESSONS):
"We're all standing on a mountain of value, we just have to understand what that value is and then go surround yourself with people you aspire to be because that's the other key takeaways"
"Through my curiosity, I was able to learn other skill sets, and being curious is really important. Don't forget about it"
CONNECTING WITH THE GUEST
Website: https://reedgoossens.com/
LinkedIn: https://www.linkedin.com/in/reed-goossens/
Facebook: https://www.facebook.com/reed.goossens?ref=bookmarks
Instagram: https://www.instagram.com/reedgoossens/
Youtube: https://www.youtube.com/channel/UCuFEo0AYNmKTM4Fx3zbfQAw
GUEST SUMMARY
This week in the lab we have a short term rental a.k.a airbnb specialist & social media creator & influencer who has been able to achieve financial freedom at a very young age. Michael achieved financial freedom at the age of 27 and hung his corporate hat at 28 all through the power of utilizing airbnbs as a means to achieve such a respectable feat without owning 1,000, 100 or even 10 properties at the time of this recording. Mike does this in one of the most humbling ways by teaching others online on his many platforms — from his courses to all his free content on social media that have received millions of views collectively.
As a short term rental operator & educator, Mike has built & executed systems so effectively be able to afford the freedom to travel across the world with his wife. Mike has done this in a unique way, while some investors are busy accumulating hundreds or even thousands of units in their real estate portfolios, Mike is able to achieve more with less, including months that exceed $50,000 in cash flow with less than half a dozen properties to date.
But being able to generate five figure months in cash flow wasn't easy. Mike displays these tips and hacks to his growing community and to his followers by educating them with methods and tools that will save them time from doing it the hard way as he did in the beginning of his young journey. He delivers his systematized lean models & techniques on social media with full transparency making him one of the largest real estate social media influencers in the space while reaching and engaging thousands of his followers across the world.
In this episode, Micheal stayed on brand and continued to over-deliver in the lab once again on the deep topic of short-term rentals, from finding and knowing your niche, to leveraging social media, to branding, to picking the right systems, to scaling the business to feeding the Airbnb algorithm, the list goes on and on. As the constant learner and educator that he is, you’ll have to make sure you keep your notepads out for this one! Let’s Build!
HIGHLIGHTS OF THE EPISODE:
02:40 - Knowledge is power
04:38 - Social media content
06:48 - Background of the guest
09:21 - Introduced to Short Term Rentals
KEEPING IT REAL:
15:33 - Finding/Knowing your niche
17:34 - Investing something that increases your ROI
20:27 - Creating moments - (photo and video memories)
24:29 - Leveraging platforms to get booking
27:47 - Direct booking
29:25 - Airbnb Insurance Policy
35:16 - Overcoming Risks (Gas Leak)
38:10 - Right systems to scale the business
44:21 - Avoiding spending too much time
50:03 - End goal - Online Education
54:43 - Increasing occupancy rate
59:29 - Boosting your Airbnb search results
1:04:00 - Receiving good reviews from guests
1:07:54 - Toggle auto book on and off
1:10:08 - STR vs Vacation Rentals
1:11:11 - Why Vacation Rentals is better?
1:14:15 - Favorite Book - Cashflow Quadrants
1:18:15 - Connect more about the guest
CONNECTING WITH THE GUEST
Tiktok: https://www.tiktok.com/@melefante6
Instagram: https://www.instagram.com/melefante6/
YouTube: https://www.youtube.com/channel/UCMEeFhOETOsVm65fh1rKhEQ
GUEST SUMMARY
Putting their white coats on this week are full-time real estate investors and developers, and founders of Winterspring Capital — Nick Earls and Eric DiNicola. They have been friends for almost two decades and their unique relationship have allowed them to both tack on a very niched multi-family condo opportunity while complimenting each other's strengths and weaknesses and while having the same core values growing up and now growing their businesses together.
Having a construction background, Nick confidently dove into Real Estate and ventured into the strong condominium market in Boston after college. Over a decade, he experienced all phases of commercial real estate, including asset management, sales, new construction development, and property management. Being an expert in underwriting and asset management in the multifamily space, he authored the top-rated book “Making Millions through Multi-Family Development.”
On the other hand, Eric in New York dealt with public and private equity companies and stock trading. When he realized how to break free from the 9-5 office hours cycle, he moved back to Boston and joined Nick to begin their experiments.
Together, their partnership developed and grew into several multifamily development strategies from value add 100+ unit complexes in the Southeast to affordable housing, to luxury multifamily condominium development. They balance long-term value-add multifamily investments with short-term profits from condominium developments.
In this episode, Nick and Eric are going to walk us through their experience from condo development, dealing with the neighborhood, their pushbacks along the way, and how they’ve created a very niched strategy that most investors shy away from. If you’re the type of person that enjoys going left when everybody is going right then you’ll want to tune into the opportunity that Nick and Eric have developed. No pun intended...ok maybe just a little bit, enjoy the show!
HIGHLIGHTS OF THE EPISODE:
03:24 - Background of the guests
06:46 - Complementing your business partners
11:02 - Condo Development
13:58 - Pillars of evaluating an opportunity
KEEPING IT REAL:
18:20 - Are we restricted into 2 units?
19:58 - Starting a process that is specific with the other projects
23:33 - Why do we need to have a zoning attorney involved
28:46 - Making your building blend in the neighborhood
31:13 - How involved are you in the meetings
34:01 - What are the pushbacks? - Does everybody win?
38:01 - Affordable housing project
47:00 - Capital Raising
50:55 - Value Add
58:13 - Find more about the guests
NOTABLE QUOTES (KEY LESSONS):
6.50 - "We complement one another but at the same time, we have a lot of shared philosophies and shared strength. One thing that is unique with our relationship and the way we work together is we do share a lot of same goals -- financial freedom for our families and always for the greater good of the company" - Eric
23.33 - "This can be a completely different process from city to city but the red tape and the barriers create the opportunity. In a lot of cities that have very high prices for condos, there's going to be a similar process and strategies that can be used in New York, in Boston, and in San Francisco, cities like this are going to be pretty similar". - Nick
CONNECTING WITH THE GUEST
Website: www.winterspringcapital.com
Book: https://winterspringcapital.com/development-book
This week in the lab, we have true experimenters who have experimented flipping remotely with your host truly in Atlanta and beyond. Vishnu and Leonard’s ying-yang partnership have allowed them to not only fill each other’s gaps but complement one another as they continue to grow and expand their real estate development portfolio in multiple different markets at once as remote flippers.
Vishnu Chintam and Leonard Dixon are the co-founders of Shoreditch Consulting, LLC which is making waves in real estate development across the east coast.
With a branding and marketing forte having done so in the corporate world, Leonard wears the hat when needed but is also as deep in the numbers as he needs to make the numbers work site unseen.
Vishnu on the other hand — is a builder by trade having done so for over a decade in Chicago. Vishnu brings his unique expertise with scope control and management with contractors while also having keen expertise in strategic financing for their long-distance fix and flips around the East cost.
Together they’ve assembled a strong team from New Jersey to Ohio to Atlanta where they’ve embodied deep systems and roots of fostering strong relationships within the communities to prospering elevate everyone collectively. This includes a strong relationship with your host Ruben Kanya who was honored to take part in a couple of their real estate development projects in Atlanta.
In this episode, Vishnu and Leonard are going to share with us their successful and unsuccessful experiments when it comes to Business Strategies in every state, remote flipping, diversifying their portfolio, and making every member and part of their community and partnership winners. Stick around until the last bit of the episode to see how you can experiment long distance with proven systems and partnerships in place to turn more experiments into win/win situations like Vishnu and Leonard have.
HIGHLIGHTS OF THE EPISODE:
02:34 - Background of the guests
11:25 - More about Leonard
14:45 - Started Building as partners - Fix and Flipping
17:44 - Why Fix and Flipping?
KEEPING IT REAL:
21:11 - Why Fundability becomes an issue?
24:50 - Dealing with a hard money lender
28:33 - Working with hard money and private investors
31:40 - Loan to cost vs Loan to value
35:15 - Why you should always start with the repair value
41:59 - Interest Rates
46:52 - Does Business Strategy change in every State?
51:50 - Diversifying Portfolio
54:54 - When should we use private money?
59:16 - Why aren’t all Huds created equal?
1:00:13 - Remote Flipping
1:04:39 - Draw Schedule
1:12:20 - Advantages of Draw Schedule
1:16:51 - Draw Inspection
1:23:09 - Small Business Credit
1:32:39 - Buying your STR through Business Credit
1:36:04 - Buying old properties and appreciate it
1:40:12 - New Construction
1:44:53 - Pivoting to New Construction Development
1:54:00 - What’s next for Shoreditch Consulting
CONNECTING WITH THE GUEST
Facebook: https://www.shoreditchconsultingllc.com/home/
Email: ld@shoreditchconsultingllc.com
vc@shoreditchconsultingllc.com
GUEST SUMMARY
Camilla joins us in the lab having worn multiple hats as a transaction coordinator, process improvement specialist, Human Resources tech professional, music conservatory, owner of Choice Properties and Steady Stream Investments, and a mother of 5 and still considers herself an introvert.
While Camilla experimented in single family, cosmetic rehabs while engaging her children in the process, in retrospect she wishes she would have known about the benefits of passive investing with a general partner to get similar if not better returns with less headaches and work. Today she does both and is an advocate for passive investing and active investing as a general partner. Her mission is to share with other investors especially women that you can be a GP or LP and still be successful as an introverted investor. You don’t need to go against the grain and knock on doors and cold call to be successful.
With 18 years of experience in a diverse array of real estate models and businesses, today Camilla makes it a point to educate other busy professionals on how to invest in real estate to secure their financial future. She is uniquely positioned to coach and guide investors to scale and diversify their investments in a style most suitable to them — the introverted way.
In this episode, you will get a chance to discover your own blinds spots as an investor like Camilla did to see that there is a better way and not one way of investing. If you want to be successful in the ascension and progression of your real estate business and life, whether you are an introvert or not, you’ll get key insights to enhancing the experiments you build day to day in your own lab.
HIGHLIGHTS OF THE EPISODE:
3:37 - Background of the guest
5:22 - How to tackle a new opportunity
8:52 - Learning Property Management
11:52 - How instruments work different parts of your brain
15:06 - Steady Keys Investments
KEEPING IT REAL:
17:33 - Being able to work outside your comfort zone
22:56 - Nature vs Nurture
25:50 - What is an entrepreneur?
29:31 - Seek out five different things that would work out for you
31:05 - Having a lot of mentors
34:45 - Choosing a perspective
37:46 - Big shift in the business
42:19 - Transitioning to big apartments
46:32 - Finding the right groups of investors
51:03 - How to learn and start navigating the business
55:35 - Life is never balance
57:16 - More about the guest
NOTABLE QUOTES (KEY LESSONS):
"Entrepreneur is willing to have the courage to tackle things on their own, without someone else telling them that they have to do it, without taking direction from other people. They see a problem and they're willing to go out and solve that problem"
"You can seek out five different ways and pick the best one that suits you and then you can move your business forward on that but don't spend all this time relying only on your own brain, you don't know what you don't know"
CONNECTING WITH THE GUEST
Website: https://camillajeffs.com/ | https://steadystreaminvestments.com/
Instagram: https://www.instagram.com/theintroverted_investor/
LinkedIn: https://www.linkedin.com/in/camilla-jeffs
Facebook: https://www.facebook.com/camilla.jeffs
Introvert #PassiveInvesting #Investor
GUEST SUMMARY
Sharing insights with us this week in the lab is the passionate learner and devoted student of mastery, Nick Velasquez. He's the founder of the popular blog UnlimitedMastery.com with some of his writing featured in TIME, Forbes, Entrepreneur, and Thrive Global around the topic.
Learning has been Nick's life-long passion and gives purpose to his life. While Nick constantly tackled new hobbies, he felt frustration in the learning curve and so devoted himself to the mastery of learning, how we learn as functional human beings. Eventually, he wanted to create a manual of his life, condensing all the information into something that he could use in the future and help anyone else in a similar position.
At a time when everyone had time to reflect on new passions, interests and skills, Nick, launched his book --- Learn, Improve, Master: How to Develop Any Skill and Excel at it in the middle of the pandemic.
In this episode, Nick will walk us through his life's never-ending process of learning. From defining your goal, knowing the things you want to do, exemplifying sacrifices, being balanced with the natural conditions of life to having the confidence in winning the everyday battle of life. If you'd like to be the master of your life, you want to tune in from the beginning to begin mastering your new upcoming and ongoing experiments in your lab.
HIGHLIGHTS OF THE EPISODE:
04:18 - Why Nick wrote the book Learn, Improve, Master: How to Develop Any Skill and Excel at It
06:01 - What is Mastery?
07:04 - Definition of being competent
09:14 - Learn as you need
13:03 - Learn in-depth and apply it
KEEPING IT REAL:
16:10 - Defining the end goal
19:34 - Quantity leads to quality
22:49 - Mastering things that you enjoy
25:44 - Knowing the things you want to do
32:18 - Natural condition of Life - Struggle
38:59 - Being balanced and exemplifying sacrifice
44:31 - Key takeaways to master something
50:37 - Overcoming the resistance
57:42 - What’s next for Nick?
NOTABLE QUOTES (KEY LESSONS):
6:37 - 6:48 - Learning is getting to a point of competence because mastery is really not a destination, you never reach mastery. You are trying to go as far as you can until you drop dead and that's the mastery. It's just a path but not a destination.
6:49 - 6:55 - "No master would call himself a master. Everyone, even the greatest one know that there's more to do, more to learn, and more to improve"
CONNECTING WITH THE GUEST
Instagram: https://www.instagram.com/velznick/
Twitter: https://twitter.com/velznick
Facebook: https://www.facebook.com/velznick/
LinkedIn: https://www.linkedin.com/in/velznick/
GUEST SUMMARY
This week in the lab we have Todd Miller that graduated with a degree in Finance with honors, living the quote-on-quote dream of his parents working at a Global Fortune 500 Company. Six months later, Later on, he found himself left out at the bottom, jobless and without a source of income due to the great recession.
At rock bottom, Todd went down the path of personal finance and was driven not to rely on a company that has gone through this traumatic experience. He then turned to mortgage banking and started to learn a lot looking at thousands of people’s financial situations. From people who made 100K+ months to those who made less, He saw a correlation of the wealthy and quickly learned that building wealth had little to do with how much money they made but rather how much money they kept. He then saw a common denominator with the wealthy and that was real estate.
This episode will help you see in the lens of Todd looking at thousands of wealthy individuals' wealth strategies with the use of real estate. Once he learned from the bank, he then became the bank (hard money lender) and continues to implement models that have helped him become financially free by 35. From having self-discipline by living below your means to cutting out expenses and doing self-audit into being a conservative investor by leveraging and investing in more assets. If you’d like to expedite your road to financial freedom, you don't want to miss this episode.
HIGHLIGHTS OF THE EPISODE:
03:34 - Background of the guest
11:13 - Living below your means
14:19 - Cutting out expenses that don’t matter
17:09 - Coffee analogy
18:01 - How to do self-audit
22:15 - What is Financial Freedom
KEEPING IT REAL:
25:40 - Being a conservative investor
28:48 - Infinite Banking
33:30 - Why people make a lot of deal portfolios
37:34 - Note Funds
40:51 - Exit strategy - Note
42:28 - Making profit from the $10,000 Note
48:18 - Why you should have invest in Bitcoin
50:35 - Why you should be investing in Airbnb properties
54:23 - Business models that help money coaching
57:30 - Working with VAs
1:00:44 - Financial discipline
1:02:35 - Deciding the next step for you
NOTABLE QUOTES (KEY LESSONS):
11:40 "The more willing you are to cut down expenses then the quicker you can amass money, the quicker you were able to buy additional assets and the sooner you become free"
1:00:51 - "Set yourself up for SUCCESS"
CONNECTING WITH THE GUEST
Website: https://tightwadtodd.com/
LinkedIn: https://www.linkedin.com/in/tightwadtodd/
Instagram: https://www.instagram.com/tightwadtodd/
Twitter: https://twitter.com/TightwadTodd
Facebook: https://web.facebook.com/TightwadTodd/
GUEST SUMMARY
This week we have Ryan Gibson in the lab that started as a commercial airline pilot and brought over the discipline of his checklists into becoming a Chief Investment Officer, who now dedicates his time to helping people save money using his 150 points due-diligence checklist for investor relations and raising capital for projects.
Ryan Gibson is the Chief Investment Officer and the Co-Founder of SIG. He has organized over $30M of private equity for Spartan’s projects. Ryan has experience managing the development of SIGs projects in challenging markets.
In this episode, you will learn the biggest obstacles that investors struggle within value add, development, and building facilities from the ground up while increasing cash flow as efficiently as possible. If you’re in the process of building or buying facilities and adding value by adding units to them within a structured environment, you don’t want to miss this.
HIGHLIGHTS OF THE EPISODE:
03:30 - Background of the guest
07:43 - Transitioning to airlines
11:48 - Importance of getting educated
15:28 - Learning as much about the real estate industry
KEEPING IT REAL:
21:20 - CEOs should stay at the strategic level
23:32 - Having better-defined criteria - saying no or yes to a deal
28:08 - How often should we look at the criteria
32:09 - Why self-storage
34:31 - Why you should study the market
41:15 - Setting expectations
45:01 - Experiment, Fail, Learn and Repeat
50:24 - Key takeaway - Human Capital
55:08 - Favorite book - My Life and Work by Henry Ford
NOTABLE QUOTES (KEY LESSONS):
4:23 - “You do it right, or you die.” - Ryan Gibson
5:51 - “Even the most basic things you’ve got to get on a checklist, because we’re people before we are investors, and we’re prone to make mistakes. And even the best Real Estate Investors that say I don’t need a checklist, I don’t need to have these things documented or processed are going to make mistakes, because of complacency.” - Ryan Gibson
CONNECTING WITH THE GUEST
Website: https://spartan-investors.com/
Facebook: https://www.facebook.com/spartaninvestmentgroup/
Twitter: https://twitter.com/SpartanInvestGp
Instagram: instagram.com/spartaninvestmentgroup/
YouTube: https://www.youtube.com/spartanhomebuyers
GUEST SUMMARY
This week we have Lisa Hylton, a former controller turned real estate syndicator in the lab who helps savvy entrepreneurs and business owners, like you, explore the world of commercial real estate by investing in opportunities that you understand to receive tax benefits, strong returns, and avoid the rollercoaster of market volatility.
Despite growing up around real estate, Lisa didn't fully understand the value of investing in real estate until her last position working as a controller on private equity real estate funds in the corporate world. The experience ignited her desire to invest in real estate and she discovered real estate syndications in 2019.
After investing passively in 4 private real estate investments as a passive investor and one private real estate investment as a general partner, Lisa Hylton was inspired and motivated to build a business that could provide opportunities to non-institutional investors to invest in private commercial real estate opportunities.
In this episode, you will learn how you can start getting your money working for you via real estate investments, becoming a passive investor, and how content can be a game-changer for your real estate business. If you are a real estate investor looking to begin investing in commercial real estate or starting your own syndication, this episode is definitely for you.
HIGHLIGHTS OF THE EPISODE:
1:48 - Background of the guest
3:29 - Type of asset class in the multifamily umbrella
5:37 - Real Estate Funds
11:27 - Replicating what others are doing
KEEPING IT REAL:
13:08 - Running funds in the corporate world
16:21 - Becoming a passive investor
20:13 - The biggest challenge in raising capital
28:06 - Transitioning to syndication
31:37 - Whom should we work with
36:54 - Content is a game-changer
44:11 - General partner vs Limited partner
46:28 - Four roles in syndication
50:54 - Building relationships with other operators
52:30 - The Importance of Systems
NOTABLE QUOTES (KEY LESSONS):
9:09 - “You have to keep in mind that especially when you’re buying real estate when you’re buying for personal reasons, or for personal purposes, it doesn’t always translate into a really good investment.” - Lisa Hylton
52:40 - “Everything that you’re trying to create is better when it’s systematized.” - Lisa Hylton
CONNECTING WITH THE GUEST
Website: https://lisahylton.com/
Facebook: https://www.facebook.com/thelevelupREIpodcast/?modal=admin_todo_tour
Instagram: https://www.instagram.com/lisahyl/
YouTube: https://www.youtube.com/channel/UCGCl06UySL12jdstEqXjqiQ
LinkedIn: https://www.linkedin.com/in/lisa-hylton-0b992815/
Twitter: https://twitter.com/LisaHylton16
GUEST SUMMARY
This week we have Van Sturgeon in the lab as a general contractor who evolved into a real estate investor, home builder and multiple business owner who now dedicates his time to helping everyday people save tons of money on being in control of their own renovations with or without a general contractor by using his repeatable system in his 30 years as investor and GC.
Van started his own renovation and construction company. To date, he has renovated and built thousands of homes, apartments, condominiums, and commercial buildings, and owns over 1,000 rental units across North America.
While having created multiple businesses that are involved in the construction, renovation, acquisition and management of properties, he has spent his life split between Chicago, Toronto and Miami Beach.
In this episode you will learn the biggest obstacles that investors struggle with while doing renovations, how to actually land quality contractors and get them to pick up the phone and most importantly how to come up with a statement of work and stay on budget and on time keeping your renovations cost at an all time low. If you’re in the process of undergoing a rehab now or in the future, you don’t want to miss this.
HIGHLIGHTS OF THE EPISODE:
00:53 - Background of the guest
31:22 - The relationship between contractors and subcontractors: The goal of a real estate
38:24 - Contractors who specialize in new construction
47:10 - Process and system standpoint: Creating an investment portfolio for profit
49:46 - Inventory of the property
54:12 - Identifying issues and making decisions to accomplish within the renovation
56:31 - Renovations take the most amount of work and effort
KEEPING IT REAL:
16:02 - What did it feel like when you talk about investing?
19:45 - What comes first between General Contracting and the Flip?
22:20 - The good old days are easier than right now
23:50 - The biggest obstacle of a contractor
26:37 - What makes a contractor pick up and not pick up a phone call?
34:52 - Are general contractors underappreciated?
40:25 - The difficulty of saying no to business
01:03:15 - The thoughts about the economy shift
CONNECTING WITH THE GUEST
Check out Van Sturgeon’s Website: https://vansturgeon.com/
Facebook: https://www.facebook.com/SturgeonVan/
LinkedIn: https://www.linkedin.com/in/van-sturgeon-029018200/?originalSubdomain=ca
Instagram: https://www.instagram.com/vansturgeon/?hl=en
This week we have Dan Haberkost in the lab who at the age of 25 has managed to build an impressive real estate business and portfolio that has allowed him to live and work where he wants by strategically niching down into selling and buying land.
Dan Haberkost owns Front Range Land & Development, which is a boutique development company working throughout the Pueblo West market specializing in single and small multi-family properties. With over two decades of experience in Pueblo West, we have gained substantial insight into the local market and understand the unique challenges that come with building new homes in Pueblo.
In this episode you will learn how to shorten the learning curve in real estate investing, wholesaling a deal, and transitioning your investment from single-family to large developments.
HIGHLIGHTS OF THE EPISODE:
1:16 - Getting Started with Dan Haberkost
11:57 - Experience in sales and management
13:24 - Duplexes, House Hacking, and Leveraging FHA
15:09 - How to shorten the learning curve in real estate investing
18:15 - The Real Estate Club
39:36 - The Efficient Market Hypothesis
44:33 - Building and selling land: raw land vs. shovel ready
45:18 - Building and selling land: Dealing with an absurd housing crisis
47:02 - Investing: Large development and land vs. Single-family vacant lots
49:51 - The Subdivision
52:40 - Time and Money
53:54 - Tips for Wholesalers if they’re bringing Vacant Land to a Developer
1:02:10 - Wholesaling a deal
KEEPING IT REAL:
16:38 - How to build a genuine relationship with a mentor if you want to go buy an apartment
21:41 - The results of giving advice to someone who’s starting at the real estate club
20:23 - Advice on starting at the real estate club
24:05 - Consistency: Over the long term with whatever you’re doing
27:42 - Thoughts as an Entrepreneur: Analogous or Vertically Integrated to What You’re Doing
30:27 - How did land come about and where is the opportunity there just to level?
37:41 - What you owe in a year for owning a piece of land
37:53 - What Vacant Land Means
52:40 - Time and money
53:54 - The tips for the wholesalers if they’re bringing a vacant land to a developer
NOTABLE QUOTES (KEY LESSONS):
“When I sell a lot, I really try and emphasize, if you ask me a question, Hey, you know, this is what they told me, go verify with them. I really don't want to put the liability on me, right? So if you're going to ask me questions about the liability or utilities, I'll get it in writing a lot of times. So one of the markets I'm in is very simple. They all have utilities. I’m not worried about it.” - Dan Haberkost
“Time isn’t money, time is worth more than money.” - Ruben Kanya
CONNECTING WITH THE GUEST
Website
This week we have Viktor Jiracek in the lab who took the journey from leaving an uneventful job to taking up real estate and aiming for 30 flips in a year with 20 a year already done.
Viktor Jiracek is an entrepreneur out of Gainesville Florida who is a full time fix and flip real estate investor. Viktor helps others get started on flipping houses. He completed 20 flips last year and his goal is an additional 30 flips for this year (2021). His best flip was a $64K deal.
In this episode, we will learn about creating the flow of numbers, the importance of branding, sourcing your deals with leads, and the two sides of course correction.
HIGHLIGHTS OF THE EPISODE:
1:00 - Background of the guest
22:40 - Numbers are the biggest thing
24:31 - Do what you’re passionate about vs doing what’s actually in need in the marketplace
31:05 - Sourcing: The source of deals
33:30 - The income goals
34:30 - The structure of the team: salary or percentage
44:42 - The mentoring on six-figure house flipper
KEEPING IT REAL:
13:57 - What’s strong about my branding?
21:01 - Knowing a good deal comes with: What are you buying for? What do you put into it? What are you going to sell it for?
29:38 - How does it look like on combining projects: The permanent team
31:46 - What’s interesting about a wholesaler?
36:56 - The biggest course correction in your business: Macro
38:38 - The biggest course correction in your business: Micro
NOTABLE QUOTES (KEY LESSONS):
“So it's really like knowing a good deal really comes down to three numbers. It's like, what are you buying it for? What are you putting into it like repairs or renovation? What are you going to sell it for like RV? So that's really all you have to look at, because when they're when you're flipping a house, there are a million variables like, OK, what's the bedroom bathroom? What's the square footage? What's the neighborhood? What's the school district? Do you know? Is it a dirt road? Is it a paved road like there are a million variables? So just to make it as simple as possible, just break it down to three numbers. So that's what I recommend. And the other thing with that I do what's called 70 percent rule. So it's 70 percent RV like 70 percent. We can sell it for minus repairs, and that's a good deal.”
“Your brand is what other people say about you when you're not in the room.”
“If you’re showing up late and you leave promises unfulfilled, you’re just not easy to work with. Even if you have the best brand in the world, that’s really hard to recover from.”
CONNECTING WITH THE GUEST
Website
Let’s step into the lab with Steve Hoffman (Captain Hoff) who is the Captain & CEO of Founders Space, one of the world’s leading startup accelerators. Founders Space was ranked the #1 incubator for overseas startups by Forbes and Entrepreneur Magazines.
Hoffman was the founder and Chairman of the Producers Guild Silicon Valley Chapter, served on the Board of Governors of the New Media Council, and was a founding member of the Academy of Television’s Interactive Media Group. While in Hollywood, Hoffman worked as a TV development executive at Fries Entertainment. After that, he went on to pioneer interactive television with his venture-funded startup, Spiderdance.
In this episode, you will learn how to think outside of the box as an entrepreneur, create a profitable startup business, and make even more money by expanding overseas.
HIGHLIGHTS OF THE EPISODE:
2:48 - Background of the guest
5:28 - Innovation helps everywhere
7:12 - Value with both incubator and accelerator
16:16 - The programs we offer
26:24 - A great team to succeed
32:50 - The network effect
36:37 - The platforms for innovation
44:19 - Multiple sources to stay on top of innovation
KEEPING IT REAL:
7:48 - The hardest thing entrepreneurs do and their first job
9:42 - The biggest fallacy in entrepreneurship
12:50 - Being a little naive in entrepreneurship is a good thing
20:49 - The borrowing of ideas
26:50 - 2 ways to breakthrough as a startup
47:43 - The five forces
NOTABLE QUOTES (KEY LESSONS):
“This is the biggest fallacy in entrepreneurship. Everybody thinks you have that brilliant idea, that epiphany, that thing that could change the world before you dive in. Well, that’s totally backward. It’s actually the opposite of what you should be doing in your head. In the beginning, it is usually wrong, partially wrong. It might not be totally wrong. You might have an idea where to go, you haven’t got there yet and if it’s something totally new that nobody’s done before. Then, whatever you are imagining you haven’t done either and you won’t actually know it works until you start doing it.”
“In order to be an entrepreneur, you have to be a little crazy. You have to just dive in not knowing everything because you can’t know everything. And actually, the people who know everything, the industry experts, they’re usually stuck, trapped in a box by their own knowledge.”
CONNECTING WITH THE GUEST
Website
This week in the lab we introduce you to John Casmon who is a multifamily real estate entrepreneur and marketing maven with extensive experience collaborating with others to deliver profitable results.
John hosts the popular and growing real estate podcast, Target Market Insights — which is one of the hosts who covers multifamily and marketing in one place. John also hosts the Chicago Multifamily Club and Co-created the Midwest Real Estate Networking Summit. John has also partnered with investors on over 900 units in multifamily valued just under $100 million.
As a real estate investor, watching this episode is crucial to your path to success. You will learn how to raise the quality of your brand, your service while giving a better experience to your clients. It is not every day that we have real estate and branding junkies in the same lab together, tune in!
HIGHLIGHTS OF THE EPISODE:
02:36 - Background of the guest
10:27 - The risk and the mindset
20:21 - Branding and Marketing
50:37 - Being consistent in developing content
52:33 - Unique branding advantage
56:44 - Finding your core target investor
01:06 - Take a step and take action
KEEPING IT REAL:
05:29 - The corporate background
16:16 - How much money to play with?
19:53 - Understanding how everything works together
24:38 - The key for personal branding
29:40 - The personal branding and corporate branding
35:42 - How do you connect and engage with your target audience?
45:48 - Figuring out the next logical step
47:32 - Being a general partner
NOTABLE QUOTES (KEY LESSONS):
“I always tell people is whenever you're facing a situation, you don't know how you're going to get something done. Don't ask yourself, you know, don't throw the pity party that kind of stuff. Just ask yourself. How can I do this? If you are thinking I can't do this or oh, my goodness, this is going to be hard. That's not the place. But if you can ask yourself, how can I do this now, you're putting yourself into a solutions-focused initiative to find the answers.”
“When you are a small business owner, you rarely have the ability, the resources, the budget, to think that far in advance, because you are trying to survive.”
“Branding and marketing can easily be confused with each other. They are very different things. Marketing is all the stuff you say, all the stuff you do, all the messages you put out there. Branding, is how other people see you”
CONNECTING WITH THE GUEST
Website
This week in the lab we have California real estate broker Mark Khuri who has been a real estate investor since 2005. In addition to being a co-founder of SMK Capital Management, Mark has been involved in sourcing, underwriting, acquiring, raising capital, rehabilitating, managing and selling both residential and commercial investments throughout multiple markets in the US.
Mr. Khuri has analyzed hundreds of investment opportunities and has successfully bought, renovated, sold and invested in over 120 properties with a combined value over $1 billion and created and managed over 40 real estate partnerships with investors. As a co-founder of SMK, Mark and his partners believe that diversification and risk management is achieved through ownership of multiple properties in multiple regions. So in the last decade, Mr. Khuri and affiliates of SMK have invested in over 45 commercial real estate opportunities across numerous asset classes including mobile home parks, self-storage facilities, multi-family communities, retail shopping centers, oil wells, student housing, vacant land, short-term debt and ATM’s.
Don’t miss out on Mark’s strategies to effectively broaden the range of your investment opportunities specifically in residential and commercial properties.
HIGHLIGHTS OF THE EPISODE
01:06 - Background of the guest
02:12 - How was SMK Capital founded?
04:45 - The backbone and core pillars of SMK Capital
15:37 - What are the Pros and Cons of investing in funds?
19:20 - Physical occupancy and Economic occupancy
31:17 - Most reliable strategies to increase value in real estate
43:44 - Which asset class is better in the market?
KEEPING IT REAL
08:14 - What is the investor trying to achieve?
10:20 - What is it like to work in SMK?
23:19 - When is the right time to risk funds when hitting the project returns?
26:49 - What strategy do you use in investing in real estate?
39:30 - How does ATM space help with investors?
47:07 - Where does Mark Khuri focus on more?
51:57 - Why wouldn’t you go into developing Multifamily apartments?
NOTABLE QUOTES (KEY LESSONS):
“It is really two things lower risk and diversification that is the main purpose of a fund and assuming you have let’s say 20 properties in the portfolio or fund, the downside of that is if one of them does very well or two or three do very well, your overall return isn’t gonna skyrocket because it’s the smaller percent of the total versus an individual deal”
“Why we may have move forward if we think the price is not as competitive as maybe five years ago, which is often the case these days with deals there’s a lot of eyes on them, cap rates are going down and so you know that’s just nature of the market, if you don’t get used to that and comfortable seeing it then you’re probably not going to invest in a lot of deals for the next few years.”
CONNECTING WITH THE GUEST
Website
This week Billy Keels enters our lab from overseas. As a well-traveled investor also known as the ‘happy corporate employee’, Billy has effectively done his investing in the U.S. while being overseas in Barcelona, Spain.
Billy is on a mission to share with other corporate employees that the buck doesn’t have to stop at your job. As a matter of fact, he preaches what he practices, while having had a very successful career in sales leadership, Billy has also been investing in the U.S. long-distance simply because the returns were greater than his local marketplace. Billy did not let his corporate job or distance get in the way of his dreams of creating passive income. He’s now sharing the journey, path and providing an opportunity for others to invest with him.
Billy is certainly not afraid to do things differently as he has found numerous ways to create wealth that include but are not limited to traditional real estate investing. While his company focuses on aggregating capital for the purpose of investing it in real assets such as smaller multifamily units, apartment complexes, mobile home park communities, he also brings new vehicles to the table such as ATM machines and equipment used in the energy sector in various locations across the USA.
If this wasn’t enough Billy keels shares his wisdom and super connects himself with leaders as the host of the Going Long podcast. He loves speaking with clients about how to improve their current business situation, engaging with his investors on creating winning strategies, and spending time with friends/colleagues on how to maximize control of their financial lives. If you want to find out how there should be no excuse for you to become a passive or active investor regardless of your employment status or location globally — then step into the lab and tune in to enjoy this one.
HIGHLIGHTS OF THE EPISODE
04:42 - The Mindset of How Instead of Or
08:53 - Stumbling upon Design
10:59 - The Difference Between Core Values and Priorities
12:28 - A Recovering Perfectionist
18:02 - Coaching a Good Student
KEEPING IT REAL
25:24 - Two Types of Perfectionists
28:42 - Finding Your Mentors
29:52 - Cashflow First
33:22 - Benefits Outside the Country
34:56 - Currency Fluctuation
43:23 - The Very Beginning
47:55 - The Money Problem
50:30 - Building the Team
53:07 - Passive Investing
58:19 - Different Team, Same Principle
NOTABLE QOUTES (KEY LESSON)
“This is part of learning because you can learn from the mistakes of others. And I made a lot of mistakes, a whole lot of mistakes.” - Billy Keels
CONNECTING WITH THE GUEST
Website
We're back in The Real Estate Experiment lab with another episode. This week, we have the pleasure of having Mark Ritter on board, CEO at MBFS & Nu Direction Lending. From his early days as a credit union loan officer in 2001, he has grown to become the CEO of a CUSO that serves more than 40 credit unions and provides $500 million in business loans. In his previous role as an executive, he created one of the most successful lending programs. His specialty is transforming unprofitable branches into revenue-generating machines with strategic change.
Mark Ritter, steps into the lab and shows us how in addition to leveraging banks you can also leverage credit unions as an investor. Tune into this episode to learn how to leverage credit unions to acquire real estate.
HIGHLIGHTS OF THE EPISODE
01:45 - Background of the guest
08:53 Approachable, Friendly Process
11:56 - The cycle of money
21:16 - Relationships in financial services
34:22 - Credit union service organization
44:42 - New direction lending
47:31 - Key takeaway
KEEPING IT REAL
6:24 - How is a credit union different from a bank
17:51 - How the relationship matters with a credit union
36:34 - How does commercial lending work?
31:59 - What are the biggest mistakes people make?
39:07 - What is the biggest misconception around credit unions?
42:46 - How do I take that first step?
NOTABLE QUOTES (KEY LESSONS):
“What the credit unions actually do is work cooperatively. We work with about seventy-five credit unions now. So really, when you meet with your local credit union, that's nice and friendly on the corner and wants to help you, you're dealing with the power of hundreds of billions of dollars in assets to put that money to use for there. So you're getting that scale of working with a large lender, but in our community lending atmosphere.”
“If you've always said I wanted to value that relationship, I want to be in that. I want to be an insider. The credit unions are a place to check out because not only are you not a customer, you're a member, and that's who the ownership of the institution is for. So we're not sitting in our ivory towers and everything that you've always said that you wanted in a financial institution. As far as that seat at the table, you can have that through a credit union.”
CONNECTING WITH THE GUEST
Website
Other Website
Our guest this week is Cat Stancik, founder of Action Incubator, best-selling author of "7 Principles for a More Productive and Fulfilling Life" and creator of the Lead Boss System.
With her unique online persona, Cat stands out from the rest. Not only is she a highly sought-after business strategist with the experience she’s had working at a top consulting firm in the world, with the addition of her certifications, one being from the ICF, but she also doesn’t solely rely on these to stand out as a business strategist in the marketplace. Instead, Cat builds on her core values which includes being very clear with herself first which carries over to the focus and strategy that her clients need to attain their vision. Consultants and coaches come to her when they're ready to say NO to overly automated, time-consuming, repetitive, and overly salesy tactics that leave everyone feeling less-than. Step into the lab with Cat to gain clarity and strategy in your mindset for your business. Join us to get the full scoop!
HIGHLIGHTS OF THE EPISODE
02:55 -Background of the guest
06:52 - The right mindset
08:19 - Creating that 10-year vision
22:54 - Be willing to fail
28:17 - JUST JUMP
52:45 - Honoring your values
KEEPING IT REAL
05:23 - Strategies that are going to help you build an empire
08:44 –The Unsexy Truth
40:16 - Set up a structure that enables them to be successful
44:09 - WHY you want to build a business
50:36 – The right lead
01:04:01 - Referral of a lifetime
NOTABLE QUOTES (KEY LESSONS):
“If you cannot feel it’s possible, then it cannot be, and so if we grow our possibility spectrum, if you will and allow more things that are possible, you know outcomes to be realized, then we can continue to grow.”
“Do it again, because you cannot dismiss what you achieve to lock, when you repeat your success, you are demonstrating that you have the capability which means that you are reinforcing your ability to believe in yourself and to deliver consistency in your life.”
CONNECTING WITH THE GUEST
Website
YouTube
We have Tony Javier in the lab this week, owner of an INC 5000 rated real estate investment company, which is also among the nation's most rapidly growing companies.
Since 2001, Tony has been investing in Real Estate completing close to 1,000 flips. With Tony's Real Estate Investing business fully automated, he now focuses to help other real estate investors through his Masterminds, Gap Funding, and very unorthodox marketing strategy -- leveraging the good old Television. In a time of social media where others would say TV is dead, Tony applies his marketing strategy through TV commercials to grow his businesses and is helping other investors do the same. Tune into another Digital Asset Series special!
HIGHLIGHTS OF THE EPISODE
4:00 - Utilizing programs
8:10 - Entrepreneur by heart
9:28 - Dive into a business, systemize the business
10:35 - The vision and strategy
12:12 - Private Money Lending
14:30 - Gap Funding Solutions
15:40 - Nobody doing TV, “No one really does it.”
KEEPING IT REAL
18:35 - Benefits that most of us overlook when it comes to TV
19:15 - Five benefits of TV commercials
26:00 - Digital Real Estate
29:00 - Designated Marketing Areas (DMA)
31:35 - How media process works
33:30 - Misconceptions
35:55 - Who does this work for the best?
37:50 - Leadership
40:00 - The Real Estate Masters
41:30 - What is next for Tony Javier?
KEY NOTES
32:36 “We stick to what we know works and don’t get too far outside of that.”
CONNECTING WITH THE GUEST
Website: www.realestatemasterstv.com
Facebook :@RealTonyJavier
LinkedIn : www.linkedin.com/in/tonyjavier/
This is the official launch of The Real Estate Experiment's new Digital Assets Series. What better way to start than with the brilliant mind behind Content 10x, content repurposing expert, Amy Woods! Amy stepped into the lab to share with us a formula that our team at InvestedTalent.com is very familiar with, that’s the art of repurposing content. Amy couldn’t be anymore qualified to share this strategy to experiment nation as the go to repurposing expert in the space.
Her business, Content 10x, helps businesses, brands and influencers/thought leaders maximize their audience reach by repurposing their original content. She has spoken on stages around the world about this under-utilised strategy - including at Podcast Movement, Podfest, Content Live, Retain Live, Agency Transformation Live, Youpreneur Summit, RadioDays Europe...and more. And, in 2019, she went on to publish a best-selling book called Content 10x!
We couldn't be more honored to have Amy Woods as guest on the first episode of this new series. Her work is an example of true experimentation, especially on the digital front! Be sure to tune in to understand the very same strategy that we use for our investors at InvestedTalent.com
HIGHLIGHTS OF THE EPISODE
03:53 – Background of the guest
12:32 – Why is content so important?
15:23 – Personal Branding vs. Corporate Branding
21:57 – Digital footprints
23:27 – Good Content vs. GREAT Content
KEEPING IT REAL
26:36 – Seven, Eleven, and Four
29:46 – What does it mean to Repurpose Content?
31:57 – What content should you create?
36:22 – How many pieces of content can you make from a 30 to 60-min video?
42:05 – Create platform-specific content
47:07 – Every piece of content is valuable
50:43 – The coolest repurposing-related stories
56:10 – Why is consistency so important?
1:00:31 – Vulnerability is a strength!
1:05:03 – Long-term perspective on content
1:09:48 – The importance of building your network
1:13:09 – Content oversaturation
RAPID FIRE QUESTIONS
1:15:42 – If you could pick only one platform for your business, which one would it be
1:21:15 – Best form of content: Video
1:22:13 – Favorite book: The Longest Day by Cornelius Ryan and Rich Dad, Poor Dad by Robert Kiyosaki
1:24:18 – Best software: ClickUp
1:25:10 – The impact of repurposing content for you in one word: Profit
1:25:47 – Favorite content creator: Zach King
NOTABLE QUOTES (KEY LESSONS):
“Repurposing content means finding creative ways to communicate a message in different formats, in different locations. And it’s all about therefore expanding the reach and how you connect with people.”
CONNECTING WITH THE GUEST
Website
Youtube
Robert is best-described as a true embodiment of what experimenting is all about, finding solutions through his many experiments as an innovator in the real estate investment industry thanks to his ability to create software, tools, and services that enable real estate investors to do things better and faster. With well over a decade of experience in the industry, he started off as a learner for 10 years then became a practitioner by taking action. By beginning his journey in wholesaling, he then chose turnkey after wholesaling rentals, fell into property management to then flipping homes to turn them into the way they should properly be managed. Robert then sold and managed hundreds of investment properties, and has built three successful startups from the ground up.
Outside of our lab, he is a highly sought-out speaker in both real estate investing and software solutions as well as a philanthropist, as he gives back to the industry through his mentorship program and business coaching services. When he’s not spending time with his wife, or chasing his energetic son around the pool, he can be found looking for new ways to change the industry, one experiment at a time.
HIGHLIGHTS OF THE EPISODE
01:09 – The Million-Dollar Question: How did you get RealEstateInvestor.com?
03:19 – Which ‘itch’ came first?
05:08 – From learner to practitioner
09:13 – Wholesaling experience
11:02 – Why Turnkey?
14:07 – The Wholesaling to Turnkey Transition
16:13 – The Dual Test: Do you actually have a business?
KEEPING IT REAL
20:07 – Podio: The tool that opened up doors
24:00 – Building a franchise business model
27:45 – Knowing when to say yes
33:42 – Evaluating ideas and opportunities
37:11 – Perseverance pays
44:06 – If given the chance, would you have done things differently?
45:47 – How do you know when an integrator is ready?
47:47 – God at the center of everything
53:36 – What’s next for Robert Syfert?
NOTABLE QUOTES (KEY LESSONS):
“I actually walked out of the office that day, for the first time in my life I said, “Aha! I finally figured out what I haven’t figured out for a decade. I just need to go all in into Real Estate and give it every single thing I have, every ounce of my body and being, burn my bridges or boat, so to speak, and I did. And that was it, I just went into Real Estate. As people would think, “Ah, and then you made millions!” Yeah, no, it didn’t work out that way. I actually worked more than I ever thought I would work in Real Estate.”
CONNECTING WITH THE GUEST
Check out Robert’s new book “Who Am I, I am You”
RealEstateInvestor Website
Website
Youtube
Savannah is a full-time Registered Nurse in Los Angeles, California. She helps manage multiple departments at a busy, magnet-recognized hospital. She is also a Real Estate Investor, primarily value-add multifamily syndications. .
Working as a Registered Nurse has taught Savannah how to thrive in a fast-paced, interdisciplinary team of medical professionals. Savannah applies the same amount of meticulous attention to detail, problem-solving skills and constant communication from her career to the real estate world as a multifamily real estate syndicator. Savannah also leverages her network of health professionals to invest and has gone as far starting a niched meetup group called ‘The Networth Nurse’ for healthcare professionals looking to invest in real estate with her. Saving lives and building communities, how much more can you ask for? We’re humbled to have her stepped into the lab.
If you’re a healthcare professional looking to invest with someone who not only speaks the language at work but also brings as much care towards her deals as she does for her patients, then you’ll want to tune into this one immediately and plug into Savannah’s network to nurse and grow your networth.
HIGHLIGHTS OF THE EPISODE
3:51 Motivations, Hearing Stories and Learning different Strategies
5:10 Organization is the key
6:13 Insights and Resources
8:50 Investing out of state
12:45 Pulling out a second mortgage or Loan concept
13:15 No risk investing out of state
15:00 BRRRR method
19:25 Multifamily Investment Deals
KEEPING IT REAL
22:10 Consult with Experts
28:00 Prioritizing your time
29:55 Willow Investment
32:36 Anyone can start Real Estate Investment
33:10 Strategy with figuring things out
35:58 Paradigm shifts that needs to take and context
38:50 The Networth Nurse
41:25 Importance of Podcasting
43:30 Connecting with people
NOTABLE QUOTES (KEY LESSONS):
“Don’t knock it until you try it”
“Team starts underneath the roof of your home”
CONNECTING WITH THE GUEST
Website: thenetworthnurse.com
Instagram : https://www.instagram.com/ thenetworthnurse /
LinkedIn : linkedin.com/in/savannah-arroyo-063ab3106
GUEST BIO
KAYR (pronounced KAY-R), co-founder of KAYJAY Consulting, is a stellar example of a young professional who has benefited from working on Wall Street and building a multi-million dollar real estate investment company with currently over 100 rental units from scratch leveraging his community and uplifting those in it. For as long as he could remember, KAYR, a Philadelphia native, wanted to go to college, but being the first to go among parents, siblings and friends meant that he had many obstacles to overcome.
KAYR is a real estate investor who has assembled a team of professionals to assist across the initial identification, acquisition and ongoing management of target properties. What makes KAYR unique is that he leverages those close in his community, giving them an opportunity to elevate collectively.
He is a licensed real estate salesperson, a member of the Homeowners Associations of Philadelphia (HAPCO), an engaging transformational speaker, life coach and business consultant. With a bachelor’s degree in history from Bowdoin College and an MBA from the Tuck School of Business at Dartmouth College, KAYR has held positions at Goldman Sachs, Sirios Capital Management, Raptor Capital Management, and Truist Securities, he used his corporate experience to implement and build systems within his real estate firm.
KAYR does not shy from the community -- he submerges himself in it -- As a board member of Philadelphia Young Playwrights, Aucocisco School and The Great Young Society II organization. He was also nominated for the 40 under 40 Leadership Awards Program in Philadelphia. In this episode you’ll tune into the power of systems, community and leadership to build your empire. Let’s build.
HIGHLIGHTS OF THE EPISODE
1:23 - Start to change the way we look at the world
4:35 – The Mindset
6:21 – Don’t listen to my actions, listen to my words
7:25 – Three C’s
9:14 – Don’t do as I do, do as I say
12.20 – Social Capital
15:10 – I’m community-made
17:45 – Systems and Processes
22:06 – Remember your brand
KEEPING IT REAL
25:20 - The Beginning is always the hardest
26:50 – Focus on the Three R’s
29:50 – 9 years of gaining knowledge
34:00 – Build a relationship
36:58 – Get the whole family involved
38:23 – Implementing in-house
40:40 – Creating Partnership
44:45 – Different ways, different strategies
47:56 - Advantage of having a relationship with the BANK
49:55 – KAYR’s path
57:34 – Doing great things for the community
NOTABLE QUOTES (KEY LESSONS):
“I can do this. This little black boy can do this whole process by himself.”
“Look, if everybody around your team is eating, the people won't be jealous, the more you feed people around, the more motivated they are.”
CONNECTING WITH THE GUEST
Instagram :https://www.instagram.com/kayjayconsulting/
Facebook :https://www.facebook.com/Kayjayconsulting/
Website :www.kayjayconsulting.net
GUEST BIO
Kent is a Managing Director at Birge & Held Asset Management. Birge & Held is a multifamily private equity firm based in Indianapolis IN. Since 2008, They’ve acquired 15,000+ apartment units and currently hold $1.5 billion in assets under management. Their 12-year track record, vertical integration, and 8-hour rapid rehab process create unparalleled value for their investors.
Kent is dedicated to teaching others how to make good investing decisions. He is the host of the Ritter on Real Estate podcast and Youtube channel where he provides impactful interviews and practical tips for investors. Kent has achieved financial freedom, and now he is on a mission to empower others to do the same through multifamily investing.
HIGHLIGHTS OF THE EPISODE
01:38 – Background of the guest
03:28 – How it all started
07:38 – Roles of a Managing Director
10:59 – Private equity
13:14 – Affordable housing
18:56 – Tax Credit
KEEPING IT REAL
23:29 – Building relationships
33:16 – Establishing credibility
39:54 – The significance of social media
44:08 – PropTech (Property Technology)
54:18 – Why small multi-unit properties?
NOTABLE QUOTES (KEY LESSONS):
“The following up is the biggest thing, which is probably the easiest thing, but what people don’t do. Call them. Call, text, email, every couple of weeks. Just to stay top-of-mind. They talk to hundreds of people, probably a week. So, you’ve got to make sure you’re making an impression in some way.”
CONNECTING WITH THE GUEST
Website
Youtube
GUEST BIO
Brent Kesler was a chiropractor and chiropractic coach for over 14 years. After implementing The Money Multiplier (TMM) Method, he was able to pay off $984,711 in 3rd party debt in just 39 months. Dr. Kesler became so passionate about how powerful this concept was, he began to share it with others. His main goal is to help more people understand how to manage and grow their wealth.
For the last 8+ years, Dr. Kesler has educated thousands of people around the country on the dynamics of the TMM Method, and helped individuals break the bonds of financial slavery and take control of their own financial life. He has a passionate belief that whether you make $10/hour or $10,000/hour, you should know and have this powerful information and keep control of your own money.
HIGHLIGHTS OF THE EPISODE
02:00 – Too good to be true
06:18 – Taking action, applying knowledge
07:20 – Think outside the box
10:12 – Mimic and imitate exactly what the wealthy do
11:40 – The truth about money
17:25 – The Money Multiplier
25:00 – Life Insurance Policy
KEEPING IT REAL
32:00 – Money Multiplier math
34:25 – Mutual company
38:04 – Willing to take the cut for high cash value
41:00 – Annual Dividends
45:20 – How cash value goes up
49:53 – How you can borrow at a higher rate
53:30 – Pre-payment of Death Benefit
55:40 – Who’s eligible for the Insurance Policy?
NOTABLE QUOTES (KEY LESSONS):
“Don’t do what everybody else is doing. Do the opposite.”
CONNECTING WITH THE GUEST
Website
Youtube
GUEST BIO
Chris Miles, the “Cash Flow Expert,” is a leading authority on how to quickly create cash flow and lasting wealth for thousands of his clients, entrepreneurs, and others internationally! He has been featured in US News, CNN Money, Bankrate.com, and has a high reputation for getting his clients life-altering financial results in his company, Money Ripples.
After working as a traditional financial advisor and stock coach for several years, Chris came to a stark realization that the financial advising industry was not showing anyone how to quickly and safely become financially prosperous today. After leaving that industry, Chris was able to retire when he was 28, and has since worked to teach his effective, unique strategies, for companies like Freedom Fast Track and Garrett Gunderson, and now Money Ripples, while exposing the popular myths around money that have kept so many from enjoying financial freedom and peace of mind.
HIGHLIGHTS OF THE EPISODE
02:33 – Dropping the Financial Advisor career
08:37 – Discovering an incredible business opportunity
14:21 – Passive Income vs. Residual Income
19:07 – Money leaks
26:21 – Another cause of money leak: Not tracking your money
KEEPING IT REAL
34:19 – Thoughts on Infinite Banking
41:56 – What most entrepreneurs could be missing out on
48:47 – Seizing opportunities
54:17 – What advice would you give your 30-year-old self?
NOTABLE QUOTES (KEY LESSONS):
“If you just look at your income and expenses, your assets and liabilities, but you look at them with fresh new eyes, ‘What’s here? What’s not productive here? What can I do with these?’ ‘Cause net worth is worthless unless it’s put to use, to great cashflow.”
“Spenders love to focus on the income and ignore expenses. Savers ignore income but focus on expenses. A wise steward is right in the middle.”
“Sometimes, less can be more, right? And so, even though all wisdom and advice would say “Yes, you should do this, makes mathematical sense,” still, when your intuition tells you something, listen to it.”
CONNECTING WITH THE GUEST
The Chris Miles Money Show
Chris’ FREE E-book: Beyond Rice & Beans
Website
Youtube
GUEST BIO
Wil Slickers is a hospitality expert and host of Slick Talk: The Hospitality Podcast & Good Morning Hospitality. He is also the destination director and co-founder of Recreation Rentals and creator of The Destinationaire Awards. Wil Slickers started working for a Marriott Autograph Collection hotel in Spokane, Washington and shortly realized his passion for people and hospitality was his dream life and career!
He brings a new perspective to tourism, hospitality, and service. During this last year of full-time entrepreneurship, Wil Slickers has created more podcast episodes, industry connections, and industry concepts than he would've ever imagined! Now, with a high demand for content, tools, and resources for anything involving hospitality, Wil has dedicated his time to individual and big-name operators in the vacation rental and boutique hotel segments of hospitality while still growing the show and industry network globally.
HIGHLIGHTS OF THE EPISODE
03:10 – Background of the guest | Hospitality journey
09:03 – Empathy is key
12:38 – The other side of Hospitality (staff and employees)
17:19 – Upselling
24:29 – Standard management tools
KEEPING IT REAL
29:29 – Recreation Rentals
35:26 – Sponsors and partnerships (and how to find yours)
43:13 – Starting Slick Talk – The Hospitality Podcast
50:54 – New podcast coming to town: The Giveback Podcast
NOTABLE QUOTES (KEY LESSONS):
“I need to have empathy and understand that they don’t know my system and what I’m doing, so I always say “I’m so sorry,” or “My apologies,” right away to give them the ability to understand, “I hear you,” I’m not going to try to get defensive, I’m not going to try to say you’re wrong, because at the end of the day, I need to find a way to understand your thought process, your feelings. Take ownership, say “Let me go ahead, work through, and see how I could fix this with you.”
CONNECTING WITH THE GUEST
Slick Talk | The Hospitality Podcast
Good Morning Hospitality
Youtube
This episode is brought to you by our sponsor Guesty.com which is a property management software that Ruben and his team use as short term rental Superhosts to manage and streamline all communication with their guests and team to make it a memorable stay for each guest that books their property. Use our private unique link here https://hosts.guesty.com/?r=therealestateexperiment to let Guesty know we sent you!
Jack Bosch is an experienced business owner, entrepreneur, real estate investor, respected industry leader, speaker, educator, and perhaps most importantly, a parent and husband. He's the author of the bestselling financial literacy book “Forever Cash” and the creator of the Land Profit Generator: Real Estate Without Hassles system.
Jack immigrated to the United States from Germany in 1997 with just 2-suitcases and a bunch of student debt. Since 2002, Jack and co-founder Michelle Bosch have purchased and sold over 4,000+ properties. With his Land for Pennies investment method, Jack and Michelle went from zero to a million in just 18 months!
As a result, this simple little-known Land for Pennies real estate niche has provided thousands of people with the opportunity to get into the real estate game without the hassles of traditional real estate investing and Jack and Michelle continue to spread the message with the mission to create 1,000 millionaires and impact the lives of many more.
HIGHLIGHTS OF THE EPISODE
02:00 - Changing people’s lives and doing deals
04:45 - Three Lifestyle Plans
10:00 - Definition of American Dream
14:53 - Understanding the world of Real Estate
22:55 - Strategy for solving of properties
KEEPING IT REAL
28:25 – Meeting the demands
30:55 – Making the land or lot interesting more than the others
37:40 – Knowing who’s in control of the land
41:00 – Mistakes that people typically do when purchasing or selling
45:35 – Process of attaining a goal
52:10 – Choosing an asset class in Real Estate
NOTABLE QUOTES (KEY LESSONS):
“What we’re doing is living a legacy and changing the trajectory of the lives of so many people.” 2:27- 2:31
“If they do it, I can do it. I’m not less smarter than they are and they’re not smarter than me, I can figure this out if they figured it out.” 16:30 – 16:35
“In the best sense of the world, it is boring and boring is actually a wonderful thing. “As Warren Buffet said “In business you don’t want excitement because excitement usually means trouble.” 49:28 – 49:37
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This episode is brought to you by Boostly, a direct booking website provider for short term rental hosts like me and you looking to dominate the marketplace with direct bookings! To get onboard, schedule a call with Mark and his team at Boostly here: https://boostly.co.uk/epic
CONNECTING WITH THE GUEST
Facebook: https://www.facebook.com/jack.bosch
LinkedIn : https://www.linkedin.com/in/jack-bosch-a923b59/
Website: https://www.landprofitgenerator.com/
GUEST BIO
Tanessa Shears is a health consultant and host of the Becoming Limitless podcast. She specializes in helping high-achieving entrepreneurs completely overhaul their health so they can achieve massive breakthroughs in their personal and professional lives.
In just 7 years, Tanessa graduated from Simon Fraser University on the President's Honour Roll, grew her business to 6 figures within two years, completely overhauled her diet, and dropped 15lbs, bought her first dream home before 25 and her first rental property by 28. She found the love of her life, whom she married in 2019, and now is the proud Mom to a beautiful baby girl. While planning a wedding and enjoying her pregnancy, Tanessa & her husband started an e-commerce business together to create freedom and fun.
HIGHLIGHTS OF THE EPISODE
05:03 – What gets you out of bed?
07:33 – Chronotypes
13:42 – “A Bear’s World”
KEEPING IT REAL
15:23 – Biohacking
17:02 – Why having a regular sleep schedule is important
21:45 – Blue light
27:46 – How to improve your diet
35:43 – Brain.fm (app)
39:02 – Becoming a health consultant
41:47 – Stress Management
RAPID-FIRE QUESTIONS
51:38 – Best Habit: Sleep
51:49 – Recommended Tools: Brain.fm, Oura Rings, any other sleep/stress monitor
52:30 – Favorite Book: Boundless by Ben Greenfield, Breaking the Habit of Being Yourself by Joe Dispenza
52:49 – The biggest misconception on ‘becoming limitless’
53:28 – What’s one thing you wish you started 10 years ago?
NOTABLE QUOTES (KEY LESSONS):
“What we’ve always known as “Successful people get up at 5 A.M.”, what I’ve learned over this time is ‘successful people follow their biological clock’, so they don’t feel like they’re dealing with brain fog and exhaustion all the time. So, when you tap into that, that’s when you can really light up and lean into deep work, feeling focused, feeling energized, and not feeling like you’re crashing throughout the day.”
“It’s not about needing to be perfect; it’s about discovering what you’re capable of and beyond what you currently believe is possible for yourself. That’s what becoming limitless is to me. It’s not about doing everything right all the time.”
This episode is brought to you by Boostly, a direct booking website provider for short-term rental hosts like me and you looking to dominate the marketplace with direct bookings! To get onboard, schedule a call with Mark and his team at Boostly here: https://boostly.co.uk/epic
CONNECTING WITH THE GUEST
Check out Tanessa’s Free Playbook
Website
Tanessa’s Podcast
Youtube
GUEST BIO
Being an Infinite Banking specialist, Tom Laune founded Stress Free Planning, with the aim of guiding real estate investors in becoming their own banker. Tom solves the problem of low returns and increased taxes when storing money in a traditional bank by creating a line of credit using specially designed whole life insurance to help real estate investors across the country.
HIGHLIGHTS OF THE EPISODE
04:21 – Background of the guest
09:01 – “own occupation” and The Disability Policy
14:02 – What is Infinite Banking?
20:41 – The true definition of Inflation
KEEPING IT REAL
30:34 – How Infinite Banking works | How to get into it
40:36 – How much does it cost someone to not to Infinite Banking?
44:57 – What’s the biggest misconception about Infinite Banking?
NOTABLE QUOTES (KEY LESSONS):
“Positioning your capital is the most important thing to make money like banks do. You have to position it in a place where it can continue to grow and you can have access to it, in this case, collateralized access to it, guaranteed.”
Learn more about infinite banking: https://infinitebanking.org/
This episode is brought to you by Boostly, a direct booking website provider for short term rental hosts like me and you looking to dominate the marketplace with direct bookings! To get onboard, schedule a call with Mark and his team at Boostly here: https://boostly.co.uk/epic
CONNECTING WITH THE GUEST
Website
Youtube
Email: tom@stressfreeplanning.com
GUEST BIO
Bjorn “Beez” Hendricks is an Entrepreneur that coined the phrase "Business Builder" to replace the term "Serial Entrepreneur". As the former is based on a systematic approach to Building Businesses that are prepared for funding and scaling, it fits more with his overall methodology.
Beez started his “corporate” career in Technology & Management Strategy Consulting, and with this valuable experience and knowledge he used it to launch multiple 7+ figure businesses and now is mentoring thousands of students in the ways of “Business Building”. He has a STRONG foundation that is currently being utilized in his entrepreneurial endeavors to create sustainable and scalable businesses up until today. In the lab he shows us how he builds businesses for his personal need and then builds it into a solution for others -- also known as vertical integration. No b.s. on this one, just Beez buzzing with wisdom and knowledge!
HIGHLIGHTS OF THE EPISODE
01:48 – Background of the guest
05:25 – What excites you the most?
09:20 – Running multiple businesses efficiently
11:47 – Business credit
14:01 – Building your personal credit
KEEPING IT REAL
15:36 – Organizing internal business systems
20:10 – “A jack of all trades is a master of none but often times better than a master of one.”
23:57 – Major factors to consider before starting a business
29:05 – From tech expert to business expert
33:55 – Proven strategies in Amazon FBA
36:51 – Capture your audience list
38:01 – Setting up a Trust
42:10 – The importance of financial literacy
RAPID FIRE QUESTIONS
46:41 - Favorite Books - The Richest Man in Babylon by George S. Clason |Rich Dad, Poor Dad by Robert Kiyosaki
50:57 - Best Habit – Reading books
52:43 - Best Tool – Trello | Asana | Slack | Community | Twilio
58:23 – The power of social media
NOTABLE QUOTES (KEY LESSONS):
“A jack of all trades is a master of none but oftentimes better than a master of one.”
“It doesn’t make sense to hire smart people and tell them what to do, we hire smart people so they can tell us what to do.” – Steve Jobs
This episode is brought to you by Boostly, a direct booking website provider for short term rental hosts like me and you looking to dominate the marketplace with direct bookings! To get onboard, schedule a call with Mark and his team at Boostly here: https://boostly.co.uk/epic
CONNECTING WITH THE GUEST
Website
Youtube
ExperimentBusiness
GUEST BIO
Mark Simpson is the founder of Boostly, a company dedicated to helping hosts anywhere in the world get the tactics, tools, knowledge and confidence to increase their direct bookings. Mark LOVES coaching and teaching other hospitality owners the exact tactics and tips he has put into practice over the years that contributed to the success of his family business.
In 2016, he started the Hospitality Community Facebook Group which has now become the world's most engaged Facebook Group with over 5,800 members and 92% engaging rate.
If you’re a hospitality business owner looking to stop relying on third party media and want to build your own brand, tune in to listen to Mark’s proven tactics in achieving that goal.
HIGHLIGHTS OF THE EPISODE
03:10 – Background of the guest
06:18 – Boostly: Where it all started
17:20 – One key to progress: Customer Reviews
25:09 – Google My Business: The New Tripadvisor
KEEPING IT REAL
30:03 – The power of direct booking
39:38 – Proven ways to start your own direct-booking platform
45:06 – The check-in time tactic
53:55 – Finding your Customer Avatar and how to best serve them
01:02:49 – “If you confuse, you lose.”
01:08:54 – Be a PROACTIVE business owner, not a reactive one
RAPID FIRE QUESTIONS
01:19:03 – Favorite Book - Tools of Titans by Tim Ferris
01:22:45 – Listening to Evan Carmichael affirmation videos
01:24:09 – Mini whiteboard | The 5-3-1 Productivity System
NOTABLE QUOTES (KEY LESSONS):
“If you confuse, you lose.”
This episode is brought to you by Boostly, a direct booking website provider for short term rental hosts like me and you looking to dominate the marketplace with direct bookings! To get onboard, schedule a call with Mark and his team at Boostly here: https://boostly.co.uk/epic
CONNECTING WITH THE GUEST
Website
Youtube
This episode is brought to you by our sponsor Guesty.com which is a property management software that Ruben and his team use as short term rental Superhosts to manage and streamline all communication with their guests and team to make it a memorable stay for each guest that books their property. Use our private unique link here https://hosts.guesty.com/?r=therealestateexperiment to let Guesty know we sent you!
GUEST BIO
Ilana Weismark is the owner of Ooh La La Home Staging, LLC, a home staging company based out of Atlanta, Georgia. Ilana however grew up in France, where she studied English and Economics. At the age of 21, she moved to London where she immersed herself in a new culture and also studied for her Master’s Degree in Foreign Language Education.
Ilana is all about change! She doesn’t go very long without changing something in her life and surroundings (excluding husband and children)! You can imagine that this comes very handy in home staging. She is never hesitant to play around with colors, furniture placement, type of furniture, accessories,vignettes etc. This ability to embrace change alongside her inherited Frenchflair for aesthetics make her a Stager Extraordinaire! Discover the reasons why you need a home stager when looking to sell your property as an investor.
HIGHLIGHTS OF THE EPISODE
01:40 - Background of the guest
10:10 - Importance of staging a property
19:42 - The process of staging
27:30 - Sourcing materials for the business
32:01 - Home staging design style
KEEPING IT REAL
34:13 - The difference between Interior Designers and Home Stagers
41:40 - The process of working with a Stager
49:40 - The Struggles of doing it the first time
53:20 - Tool to success
NOTABLE QUOTES (KEY LESSONS):
“Alway purchase something with a purpose, not in a vacuum.”
CONNECTING WITH THE GUEST
Official Website
ExperimentHomeStaging
GUEST BIO
Mike Begg is an entrepreneur and expert in eCommerce, digital marketing, and operational nearshoring. In 2015, he co-founded AMZ Advisors with his two partners and has grown the business to managing $10M per year in ad spend and $100M per year in Amazon sales. Mike and the AMZ team also operate AMZ courses, educating Amazon sellers on how to maximize sales on the platform. Mike loves sharing advice and help on anything related to Amazon and building efficient businesses.
HIGHLIGHTS OF THE EPISODE
03:27 – From working in commercial real estate to co-founding an eCommerce marketing business
06:00 – Discovering opportunities in eCommerce
10:10 – The appeal of experiential shopping
11:36 – How big-box stores operate
KEEPING IT REAL
17:01 – Transitioning to eCommerce marketing
19:26 – Building a brand through Amazon
22:37 – Best practices for starting a business
26:48 – Product sizing factors
28:49 – How AMZ Advisers helps ensure success in establishing an eCommerce business
37:39 – What are brand aggregators?
NOTABLE QUOTES (KEY LESSONS):
“It’s a process. It’s continually testing, it’s figuring out the new things, seeing what works. And it’s going to happen over time.”
CONNECTING WITH THE GUEST
Website
Youtube
Email: mike@amzadvisers.com
ExperimentECommerce
Jim Monk, President of Clozzits has an untapped niche in the world of value-add truly validating that there’s money in closets. Clozzits has disrupted the world of unit upgrades with a first-of-its-kind, low-cost program designed specially for renovation or value add especially in the multifamily real estate sector.
Clozzits’ creation is based on the desire from multifamily owners and management companies to recognize previously unventured revenue growth opportunities. Serving property owners that aim to rethink the ordinary and often forgotten closet spaces within their portfolio to increase overall asset value and ROI.
Tune in to listen to how you can increase your top and bottom line by focusing on a space nearly overlooked and forgotten by most real estate operators -- your closet.
HIGHLIGHTS OF THE EPISODE
02:01 - Background of the guest
15:13 - Framework for Opportunities
25:28 – The Process How to Increase Commercial Real Estate Value
28:38 – From Scalability Point of view
KEEPING IT REAL
32:00 – Talking Banks about Multi Family Financing
36:24 – Setting Up a Unit on an Average size closet
40:00 – Talking to the Right bank for investment
RAPID FIRE QUESTIONS
42:00 - Favorite Book – Podcast: Master of Scale by Reed Hofman, My first millions
Books: Blitz Scaling by Reed Hofman, Traction by Gino Wickman
45:08 - Best Habit – An Everyday Standup meeting and A 10 minute Standup Huddle.
46:53 - Best Tool – Oracle netSuit for the company and a personal Daily planner
54:30 - Future forecast – Helping to mentore
NOTABLE QUOTES (KEY LESSONS):
“We are conditioned to look at things one way, your not reinventing the wheel but you are re-conditioning the model”
“listen based on experience not opinions, opinions can be dangerous”
CONNECTING WITH THE GUEST
Official Website: clozzits.com
Facebook :Clozzits
LinkedIn: linkedin.com/in/jimmonk
ExperimentCloset
GUEST BIO
Founder and CEO of Beach Cities Solar Consulting LLC, an education based solar consulting firm that works with home owners, businesses, & corporations to help them go solar which then adds value to their properties. He specializes in solar consulting and installation for commercial projects and luxury homes. His goal is to reduce the expenses on electricity cost, create more jobs and most especially saving the planet!
HIGHLIGHTS OF THE EPISODE
01:20 - Background of the guest
05:47 - The rise of energy sectors
08:40 - How to see traits for opportunities
15:22 – What’s in it with the consumer
KEEPING IT REAL
17:21 – Investing Vs Financing
22:30 – ROI process on investing in solar system
24:52 – Working on a bigger solar projects
28:52 – The process on building a business
39:34 – How solar energy works
RAPID FIRE QUESTIONS
44:32 - Favorite Book – The 10x Rule by Grant Cardone.
46:39 - Best Habit – Being intentional.
40:40 - Best Tool – Zoom, PipeDrive.
NOTABLE QUOTES (KEY LESSONS):
“ A product and a business will sell itself when we do the right job of educating the consumer. ”
“In life and in Business we have to go through struggles to harden ourselves and become better, Diamonds form under pressure. ”
CONNECTING WITH THE GUEST
Official Website: https://www.beachcitiessolarconsulting.com
Facebook :Beach Cities Solar Consulting
Instagram: Beach Cities Solar Consulting
ExperimentSolarProjects
GUEST BIO
Adam is the CEO and Founder of Strata SFR, a Build-To-Rent and SFR Portfolio Brokerage. He
also co-founded OwnAmerica, a marketplace for single-family rental property portfolios that was
acquired by Renter’s Warehouse in late 2018. He’s a leading expert on the Build-for-Rent
market by providing guidance on go-to market strategies for regional builders and land/lot
developers. He also assists them at expanding their transaction volume and revenue by
servicing the ever-increasing demand for Single Family Rentals (SFR), particularly from
institutional investors that own and operate rental homes in the US.
Adam is also an authority on the acquisition and disposition of SFR portfolios nationwide.
He has helped facilitate SFR transactions totaling hundreds of millions in volume and was
one of the earliest to recognize the portfolios of stabilized Single Family Rentals- a product
that deserved a specialized service composed of network of owners and buyers active in
the space.
HIGHLIGHTS OF THE EPISODE
02:06 - Background of the guest
05:49 - The investor-operator institutionalization
08:31 – Is/Are your single-family rental property/properties qualified?
15:40 – Is it more advantageous to sell properties in a portfolio or off of one?
21:48 – Build-for-Rent and how it works
KEEPING IT REAL
25:29 - Bridging the gap between investors and property owners
28:15 - Making SFR and Built-For-Rent deals efficiently with Strata SFR
33:35 - Bringing technology to the table
36:05 - Learn to say no
37:05 - Finding your path
RAPID FIRE QUESTIONS
40:55 - Favorite Books - Play Bigger by Dave Peterson, Al Ramadan, Christopher
Lochhead, and Kevin Maney | Tribe by Sebastian Junger
43:55 - Best Habit – An hour out of the day to talk to someone about anything substantial |
Coffee!
46:16 – Self manage or outsource?
46:25 – Cash flow vs. Equity
46:56 - Best Tool – Slack | Google Meet
NOTABLE QUOTES (KEY LESSONS):
“The litmus test for really any specialist in any sector whether it’s Single Family Rental or
portfolios or Multi-family or anything, is knowing how and when to say no. Because if you chase
everything that comes along, you’re gonna be wasting a lot of time and it’s almost impossible to
do any real business unless you know exactly what you’re looking for to a very high degree of
specificity.”
“I talk about the 3 Ps, passion, persistence, perseverance. Find something you love to do, do it
always and get better at it. Overcome the roadblocks. They’ll eventually almost never really
stand in your way from getting further. And if you could find that thing that you’re passionate
about, it takes care of the other Ps. And if you could find that one thing that you’re passionate
about, you don’t mind doing it consistently. You’re not gonna mind overcoming the obstacles
because it’ll be intrinsically fun for you because you have passion about it.”
CONNECTING WITH THE GUEST
Official Website
ExperimentBroker
GUEST BIO
Gustavo goes by "Gus", reverse engineered a business opportunity by identifying a key problem for agents in the real estate industry. Gus is a former Microsoft engineer turned Real Estate Agent turned lead generation - Inside Sales guru. Since 2015 he ran one of the largest Inside Sales teams for Real Estate agents in North America, 65 Agents strong making about 50K outbound dials a day. Gustavo's team sets about 100 Appointments with Buyers and Sellers every day, mostly from Facebook leads. He runs a 7-figure a year business and has over 600+ active clients.
Gus is super passionate about helping business owners become successful through online marketing and lead follow-up, team building, sales scripts, online lead conversion and much more. He is also an embodiment of how experimenting deep into an industry can lead you to the opportunity of solving a problem. Tune in if you want to see the mindset and framework Gus used to solve an existing problem in his industry by turning it into a business so that you can do the same. Let’s experiment, let’s build.
HIGHLIGHTS OF THE EPISODE
02:49 - Background of the guest
04:02 - A Dream Job vs. Your Dream Job
15:55 – Struggles on retail real estate
22:00 – The Transition from Microsoft to ISA
KEEPING IT REAL
32:00 – How inbound conversion works
41:37 – Importance of responding to lead instantly
48:28 – Focusing on core values
52:55 - The biggest misconception about ISA
57:17 – Missing peace makes everything easier
RAPID FIRE QUESTIONS
1:00:00 - Favorite Book – Everything Gary W. Keller
1:01:15 - Best Habit – Working hard, not take anything for granted
NOTABLE QUOTES (KEY LESSONS):
“Clients will always give you the clues, listen to the marketplace”
CONNECTING WITH THE GUEST
Official Website
ExperimentISA
GUEST BIO
- Sell their home 2. Mortgage cash-out refinance 3. Home equity cash out or Home Equity Line of Credit (HELOC) but there is a fourth way that’s not often talked about and that’s leveraging your equity through home equity contracts.
Matthew is the CEO and Founder of QuantmRE, a company that solves a real problem for homeowners by helping them access a portion of their home equity without taking on more debt. Matthew has a proven track record in real estate innovation through his experiences as Co-Founder of the Secured Real Estate Income Strategies Fund, and as President and Founder of Crowdventure.com, a real estate crowdfunding company. Originally from London, Matthew worked with Richard Branson's corporate finance team and was a director of the Virgin-sponsored London Air Ambulance. A helicopter pilot himself, he is also the host of his own podcast, “Hooked On Startups.”
HIGHLIGHTS OF THE EPISODE
02:05 - Background of the guest
05:40 - Starting things right
08:19 - Passive vs. Active Investment
12:35 - Equity
16:13 - Contrasting HELOC and Reverse Mortgage
KEEPING IT REAL
23:56 - How win-win works between property owners and investors in home equity agreements
26:37 - Ideal properties for investment
33:00 - How property owners utilize capital
35:12 - Settling an agreement
44:23 - The major misconception about home equity agreements
RAPID FIRE QUESTIONS
45:42 - Favorite Book - Never Split the Difference by Christopher Voss & Tahl Raz | Exactly What to Say by Phil M. Jones
48:08 - Best Habit - Taking time to get out of the house to walk and think | Drink lots of coffee!
49:02 - Best Tool - Daily planner
50:42 - Cash Flow or Equity?
52:33 - Technological advice: a good CRM system
NOTABLE QUOTES (KEY LESSONS):
“Start small but get the shovel dirty, make an investment, get involved. If you stay on the sidelines for too long, you won’t get the benefit of that direct experience of being in with your money and that takes it to a completely different place, if you actually make investments.”
“If you find something that you’re good at, just stick at it and become the subject matter expert. Become the best, the biggest in that field.”
CONNECTING WITH THE GUEST
Official Website
ExperimentHomeEquity
GUEST BIO
Emanuele Pani was born and raised in Sardinia Italy and came to America at 15 to fulfill his American dream. He is a real estate expert and entrepreneur with experience in investments, real estate sales and acquisitions, and professional Airbnb hosting and management. He’s the Co-host of STR Secrets a podcast that focuses exclusively on the Short-term rental industry as well as being one of the partners in Domu Private Investments, a rapidly growing investment group that focuses on investing in middle America. In his free time, Emanuele enjoys traveling, reading/learning, cooking, working out and spending time with his wife and pets.
HIGHLIGHTS OF THE EPISODE
02:47 - Short Term Rental background
13:30 - Rental Arbitrage
17:56 - Pros and Cons of doing Rental Arbitrage
24:43 - Best Negotiation Practice
KEEPING IT REAL
29:34 - Co-hosting vs Rental Arbitrage
33:46 - Building Systems - Cleaning people are the backbone of the business
42:10 - Working smarter
48:28 - Growing your portfolio
1:00:49 - Important thing to include in the listing - best 5 pictures
1:09:11 -Setting temperatures inside the house
1:14:42 - Best Habit - Understanding the compound of daily choices
NOTABLE QUOTES (KEY LESSONS):
“The way we do anything is the way we do everything.” 10:40 - 10:43
“If you have a clear vision as to where you want to go, then that’s how you start playing around with how good of a system you want to put in place.” 39:17 - 39:26
CONNECTING WITH THE GUEST
STR secret Mastermind
Clubhouse
Instagram | Facebook | LinkedIn
This episode is brought to you by our sponsor Guesty.com which is a property management software that Ruben and his team use as short term rental Superhosts to manage and streamline all communication with their guests and team to make it a memorable stay for each guest that books their property. Use our private unique link here https://hosts.guesty.com/?r=therealestateexperiment to let Guesty know we sent you!
ExperimentShortTermRental
GUEST BIO
Scott Meyers is the principal of Kingdom Storage Holdings. He has acquired, sold, developed, converted over 30 facilities totaling over 12,000 units and over 2 million sq.ft of storage. He is also the Founder and President of: SelfStorageInvesting.com (Self-Storage Profits, Inc.), a leading self-storage education company that offers courses, live events, and mentoring/coaching. His company was started in 2006, for the purpose of acquiring, developing, and operating self-storage facilities. It has raised over $40 million in syndicates and private equity partnerships to fuel their growth: https://passivestorageinvesting.com/.
He is Forbes Real Estate Council Member, speaker for ISS (Inside Self Storage) the SSA (National Self Storage Association), as well as the Host to The Self Storage Podcast.
However, his real passion lies with being a husband and father who takes an active part in family activities. He is also very active in his charity and mission work both locally and around the globe together, funding, then building homes and giving them away with his partners at YWAM ( Youth with a mission ) through StorageMissions.com.
HIGHLIGHTS OF THE EPISODE
01:42 - Background of the guest
04:38 - Why Self Storage Investing?
08:49 - Commercial Self Storage Facility
12:36 - Bank qualifications for self storage investing
KEEPING IT REAL
16:10 - Increasing Value Add
27:13 - Why are people renting self storage?
30:32 - Bringing more Cash Flow
34:53 - Most fulfilling part of doing self storage business
RAPID FIRE QUESTIONS
36:59 - Favorite Books - Think and Grow Rich by Napoleon Hill
37:50 - Best Habit - Having a morning coffee and have a walk
38:35 - Best Tool - Multiple screens
40:02 - Biggest Misconception about self storage
NOTABLE QUOTES (KEY LESSONS):
“ Self storage is unsexy as it is from a business model stand point is extremely sexy because you can operate this business without a lot of input once it gets up and going and allows you that freedom and the cash flow, to be able you to go out and do whatever it is that you want to do."
CONNECTING WITH THE GUEST
Website | Facebook | Twitter | YouTube | LinkedIn | Instagram#ExperimentSelfStorage
GUEST BIO
Tim Stout is the team leader of TSAA out of Newnan, Georgia. Tim Stout and Associates was a #1 Sales Group at Keller Williams Atl Realty last 2016 and 2017 and the overall Top sales team in all of Coweta County last 2017 and 2018. Tim instilled a FIVE STAR service to his team that is rooted from his own work ethic. It all stems from his hard discipline as a professional MMA fighter. With 12 wins under his belt, Tim knows the importance of having the right team in your corner (no pun intended lol). This is no different in real estate. Combined with Tim’s go-getter attitude and competitiveness, it's no question why TSAA had such a knockout performance this past year in 2020.
Right after retiring MMA, Tim sold 16 houses in his first year in real estate! As of today, over 400 houses sold with a growing team of over 20 people. From veteran MMA professional to a real estate rockstar, there’s a lot of respect to go around for Tim Stout. He is as tough as he is professional and honest. Clear and precise straight-punch advice is what you’ll get in this episode. Let’s build.
HIGHLIGHTS OF THE EPISODE
02:16 - Background of the guest
03:44 - Transitioning to Real Estate
06:17 - Doing the first step
08:16 - Importance of working on your weaknesses
KEEPING IT REAL
15:15 - Mindset the bring the team together
17:38 - Why is coaching important?
19:32 - Mindset as the biggest misconception of people
25:26 - Notable things in the marketplace
31:36 - Types of Asset Class Tim is looking for
RAPID FIRE QUESTIONS
32:29 - Best Habit - Workout
33:24 - Best Tool - Social Media
34:13 - Super power - Cloning
NOTABLE QUOTES (KEY LESSONS):
“One normal in running the big businesses is, one failure, you’re done.”
“Culture is created by accident or built on purpose.”
“It’s the boring stuff that gets you to the finish line.”
CONNECTING WITH THE GUEST
Facebook | Instagram | TikTok
ExperimentCoaching
As a 🏘 real estate investor and owner of a 🧑🏾💻digital marketing agency I value both physical real estate and digital real estate just as much...and maybe even a little more...but here’s the good news....the reason I am launching this new segment for my 🎙podcast is because I believe the two can co-exist and rather should. But let’s define what a digital asset is first...in our world it’s
1️⃣ A podcast 2️⃣ Digital Content (audio, video) 3️⃣ Social media platforms 4️⃣ websites 5️⃣ Forums (Facebook groups, bigger pockets) 6️⃣ OTAs (online travel agents a.k.a Airbnb, booking.com, vrbo) 7️⃣ Digital Marketing 8️⃣ Branding 9️⃣ Personal branding 🔟 An email list
The list goes on (pun intended) but the question is as an investor are you taking the time to build digital assets in your world as you are taking the time to build your physical ones? If not then this segment will be for you. I can tell you right now that if you combine the two you will explode the return on your investment...and I’ve experienced these crazy ROIs myself. I was a digital marketer before I became a real estate investor and the two must go hand-in hand. If you’re an investor who understands the power of digital assets but you know you have so much to learn (and we all do considering technology’s fast moving pace) then this segment will be just for you. I’m doing this for me as much as I am doing it for the community.
🗣Speaking of community, If you want to engage in questions or suggestions on topics to cover Feel free to text me “digital” to 678-679-5613 and tune in EVERY THURSDAY for the new digital asset series called DIGITAL ASSET THURSDAYS brought to you by my team at @investedtalent and let’s continue to build. 💪🏾💪🏾
www.investedtalent.com
TEXT ME “digital” to 678-679-5613
GUEST BIO
This week we are joined by the newly appointed President of NuView himself! Jason DeBono brings with him his immense experience of 15 years. Starting from his roots with NuView (as an intern!) to leading a two-man operations team. He then diligently worked his way to Director, to Vice President and to finally reaching the summit at the start of this year. Jason now manages over $1.4 billion of self-directed custodian assets under him.
Self-directed IRAs are nothing new. But in the past decade they’ve become more prevalent as financial education and awareness increased. NuView is the (hard working man) in a budding industry that built their name with diligence. As opposed to common financial structures, self-directed IRAs allow you to choose where your investments go.
And this is where NuView stands out.
NuView gives you the options that are not limited to publicly traded stocks and mutual funds. Among the 15 custodians in the game, NuView offers a menu too good to resist. They offer outside options like real estate, private companies, even up to multifamily investments. And on top of that, they treat investments with a manual hands on approach. Which means smoother asset management and guarantees that investments get utmost care and attention. A good menu and superb customer service?! Sign me up!
Give a listen as Jason details not just WHY you should invest your IRA but also HOW.
HIGHLIGHTS OF THE EPISODE
01:50 - Background of the guest
06:00 - Individual Retirement account
08:31 - What is a custodian?
KEEPING IT REAL
13:02 - Advantages of the IRA
16:12 - Two Independent Decisions
23:32 - Types of Retirement Accounts
32:28 - Two types of Taxation in IRA
38:50 - How to become a professional in business?
40:41 - What is NuView Trust company?
43:02 - Biggest misconception in IRA
RAPID FIRE QUESTIONS
46:15 - Favorite Book - Rich Dad Poor Dad by Robert Kiyosaki | The Richest Man in Babylon by George Samuel Clason
NOTABLE QUOTES (KEY LESSONS):
“Before you think about how to make money, which is investing, you have to stop and think about how to build wealth, which are tax advantages.”
“If you do your own taxes, you’re not in business, you will never be a professional in business because you can’t learn and understand enough to do it all.”
CONNECTING WITH THE GUEST
Website | LinkedIn
Email: jason@nuviewtrust.com
ExperimentIndividualRetirementAccount
GUEST BIO
Sarry founded Financial Asset Protection 5 years ago. Since then he has dedicated all his energy towards protecting valuable business assets from various risks. He then broadened his scope by also combining a strong healthcare background working directly with notable large health insurance companies like Blue Cross, Blue Shield, Humana, and Cigna Healthspring.
It was around that time when he first encountered the groundbreaking whole life policy called “Bank on Yourself.” A thorough asset protection concept where the earned interest of your money is accessible while still remaining protected!
Sarry has helped numerous high ticket individuals, from business owners to real estate investors grow their wealth safely and predictably by leveraging the “Bank on Yourself” strategy. The strategy isn’t common practice, and in this episode he shares the gems that have saved and made millions not only for high ticket clients but also for every Joe you know. Listen and find out how you could leverage this too!
HIGHLIGHTS OF THE EPISODE
01:41 - Background of the guest
04:19 - Aspects of life insurance
07:28 - Types of life insurance
KEEPING IT REAL
28:51 - Monetizing the insurance policy
33:28 - 4 Strategies of Insurance
15:17 - Which tool is better to use
17:27 - Playing offense and defense
18:37 - Benefits of Investments
25:00 - Who can avail insurance policy
RAPID FIRE QUESTIONS
37:01 - Favorite Book - Mindset by Carol Dweck
37:10 - Best Habit - writing checklist every single day
37:46 - Misconception about whole life insurance - it’s a terrible investment
39:24 - Importance of social media
NOTABLE QUOTES (KEY LESSONS):
“It’s not just about trying to find the best interest rate but also, ‘what’s happening with your cash while you’re using your cash’ I think that’s the key to understand.”
‘A banker is a fellow who will lend you an umbrella when it’s sunny out. But once it’s back the second it stops raining.”
“Banks only deal with people who have money or have collateral, and when they don’t have the collateral or don’t have the money or have the proof of income, they want their money back or they’ll deny the loan.”
CONNECTING WITH THE GUEST
ExperimentInvestment
GUEST BIO
Avery Carl walks us through her journey of getting started in short term rental investing in mature Vacation Markets. As the CEO of and founder of Short Term Stop, Avery made her first rental property purchase at 26 on a $37,000 salary. While she owns over 30+ short term rentals, she also niches in helping investors acquire and sell short term rentals as a real estate agent. She is one of the Wall Street Journal’s Top 100 Agents and has sold 150 million short term rental properties in 2020.
Avery has a unique background but has always been a rockstar on and off the stage. She spent several years touring the world as the lead guitarist in a punk rock band. She shifted to being in the business side of music and held positions at Capitol and Atlantic records in Los Angeles. In 2013 she and her husband moved to Tennessee where she received her MBA from Belmont University.
This rockstar turned entrepreneur helps her clients acquire short term rentals with the highest ROI potential and trains them to manage their investments from their smart phone from anywhere around the world. remotely.
HIGHLIGHTS OF THE EPISODE
01:49 - Background of the guest
07:15 - Right questions to ask when looking at any market
08:30 - Analyzing your first short term rental - enemy method
13:40 - Structuring fees
16:53 - Management backend
KEEPING IT REAL
18:06 - Scaling at 20-30 plus team members
23:22 - Finding the criteria for Short term rentals
25:28 - Short term rental vs long term rental
30:35 - Exit strategy
35:34 - Bringing residential model to a higher scale
NOTABLE QUOTES (KEY LESSONS):
“Consume as much media as possible whether that’s books or podcasts. Just make sure that you’re really really well versed in investment real estate.”
CONNECTING WITH THE GUEST
Website | Instagram | Facebook
Phone number: 800-898-1498 | 865-868-3233
This episode is brought to you by our sponsor Guesty.com which is a property management software that Ruben and his team use as short term rental Superhosts to manage and streamline all communication with their guests and team to make it a memorable stay for each guest that books their property. Use our private unique link here https://hosts.guesty.com/?r=therealestateexperiment to let Guesty know we sent you!
ExperimentShortTermRental
GUEST BIO
We are joined in the lab by the CEO of Ardor SEO and the coolest guy in Search Engine Optimization, Kris Reid. In this day and age where people turn to the internet to buy everything, it pays to be on top of search engine results and actually get people to take action by buying your product.
This former Software Engineer achieved this feat back in 2008 where he got people to visit his website and play his online computer game. By learning the rules of SEO and developing a simple system to get traffic to his website, Kris was able to grow his business.
If you are an online business owner looking to get your target audience’s attention and cash in on all the benefits of SEO then you need to tune into this episode and find out for yourself how this technical concept can actually work to your advantage.
HIGHLIGHTS OF THE EPISODE
01:42 - Guest Background
05:19 - What is SEO and the importance of it
11:20 - How to rank in SEO - Ahrefs SEO tool
14:20 - What is Backlink?
19:29 - Biggest misconception when ranking in google
KEEPING IT REAL
25:22 - How to start in SEO
28:49 - Using the right keyword
34:06 - Spending a 10 grand in Zillow
BOOKS MENTIONED IN THE SHOW:
The 7 Habits of Highly Effective People by Stephen Covey
The Vision Driven Leader by Michael Hyatt
NOTABLE QUOTES (KEY LESSONS):
“That’s the beauty of digital marketing, it’s a Science. It just follows the same strategy that works and you get that predictability.”
“If it was easy to do, then everyone will be doing it.”
CONNECTING WITH THE GUEST
Google | Website
ExperimentSEO
In this episode I am welcome you to clubhouse. You heard it here first. Connect with me on clubhouse @rubenkanya. An application currently only available to iPhone users in its beta version... is the equivalent of having a conference on your phone with the highest level of quality discussions where you can enter a room, listen to the biggest movers and shakers in the industry, ask them questions or even start your own room. A game changer when it comes to networking. Just remember who you heard it from first and thank me later. See you on clubhouse!
GUEST BIO
We are joined in the lab by Anton Mattli, CEO of Peak Financing. With a background in investment and corporate banking, private equity, and commercial real estate, Anton found himself working in one specific niche - Commercial Real Estate Financing.
He and his team at Peak Financing are dedicated to finding the best financing for your multifamily and other commercial real estate properties in the COVID-19 environment.
If you are looking for the best financial intermediary at this time or just want to know the A-Zs of financing your first acquisition, look no further from this podcast and let’s listen in to what Anton Mattli has to share with us in this episode.
HIGHLIGHTS OF THE EPISODE
01:56 - Background of the guest
05:45 - How the company Peak Financing started
08:46 - Creating Strategic Partnerships
11:01 - Why commercial brokerage is better
16:32 - Relationship between loan originator and client
KEEPING IT REAL
19:55 - Right screening process
23:19 - Pillars of Real Estate Investment
26:53 - Loan distribution to the type of clientele
29:42 - Underwriting deals
36:34 - Who are the wealthy people
45:00 - The supply chain process
49:30 - Misconception of commercial real estate financial process
NOTABLE QUOTES (KEY LESSONS):
“Be prepared and then you can run.”
“The more you talk to people, the better sense you get in what direction you want to go and with whom you want to partner up with.”
CONNECTING WITH THE GUEST
Website | Facebook | LinkedIn | Instagram
Email: anton@peakmff.com
ExperimentFinancing
Experiment nation, huge thanks just wanted to share my New Years revelation and blueprint going into 2021.
- 🎯 Goal Setting (effectively)
- 😷 Put on your oxygen mask FIRST
- 🛫 Tour Guides Vs. Travel Agents
- 🗣 Social Currency
- 👥 Mastermind
GUEST BIO
We are joined in the lab by Eric Martel, a real estate investor, entrepreneur and the founder of MartelTurnkey. Eric gifts the middle class with a guide to achieving financial freedom through real estate with his book “Stop Trading Time for Money”. He is the author of the popular “Break Away From the Rat Race” YouTube channel and podcast and advocates early retirement by building passive income.
Eric purchased his first multi-family property when he was 18 years old. When he witnessed firsthand the crash of corporate pension plans for long term employees as a management and business consultant, he decided that there had to be a better way to retire early and build wealth at the same time.
In this episode, we discover how to break free from the employee bubble and get positive cash flow for residential turnkey rentals and joint ventures. If you are looking for a rewarding tradeoff from a 401K and finally become the owner of your own time, let's tune in to what Eric has to say.
HIGHLIGHTS OF THE EPISODE
02:07 - Background of the guest
06:53 - First family business - low carb grocery store
11:56 - How every store is different
13:39 - Making money for business strategy
17:40 - Delegating task within the family business
KEEPING IT REAL
24:38 - The importance of having a passive income
28:55 - Transitioning into Real Estate
38:00 - Doing business without losing money
45:40 - Return of Equity
52:22 - What is Portfolio financing
54:20 - Biggest Misconception
RAPID FIRE QUESTIONS
55:51 - Favorite Book - What got you here won’t get you there by Marshall Goldsmith
56:26 - Favorite Habit - Consistency
56:46 - Best Tool - Excel or Spreadsheet
57:16 - One 300 unit apartment vs 100 Turnkey Properties - 100 Turnkey Properties
58:01 - Cash Flow of Equity - CashFlow
58:47 - Self Managed or Outsource - Outsource
BOOKS MENTIONED IN THIS SHOW
Millionaire FastLane by MJ Demarco
Stop Trading your time for money by Eric Martel
What got you here won’t get you there by Marshall Goldsmith
NOTABLE QUOTES (KEY LESSONS):
“For me, passive income was key because I knew that it was inevitable, eventually I want to retire and I want to travel. And being an independent consultant, for so many years, the connection between hours that you work and the dollars that you make is very, very tight.”
“As an entrepreneur, sometimes you have to do the things you’re not comfortable with.”
CONNECTING WITH THE GUEST
LinkedIn | YouTube | Facebook | Instagram
Website
In this episode I reflect on the idea that just like when and if knock on wood one day the doctor tells you you have x amount of days two love you have two options 1) accept it as the truth or 2) seek another professionals advice and not take “no” for an answer. The very same applies when working with a lender. When they say “no”...it means “they don’t know” how they can help but it doesn’t and shouldn’t be no for you. As a matter of fact this should be our attitude in life for anything and everything that we do. “No” is not personal it is simply a reminder that we owe it to ourselves to turn that “no” into a yes. Let’s build!
GUEST BIO
We are joined in the lab by Neal Bawa, Data Scientist, Founder and CEO at Grocapitus Investments. Dubbed as the Mad Scientist of Real Estate, Neal’s success is attributed to his diverse portfolio of syndication and his slightly manic attitude when it comes to opportunities in real estate. He eventually found the opportunity to go into real estate full-time when his technology business sold but not before he changed the face of the business by custom-building 6 campuses in 11 years.
When people were discounting real estate in the recession of 2008, Neal instead tried to lease out 10 properties in Madeira. This move reinforced people’s perception of Neal as the crazy guy but he found the math too compelling and knew that there was no way he could lose with investing in property.
If you’re a guy like Neal with unconventional methods to getting things done and a tremendous grasp in data analysis to help you see into the future, you need to tune into this episode.
HIGHLIGHTS OF THE EPISODE
02:30 - Guest background
05:48 - Best time to buy real estate
13:16 - Overcoming the challenge during the recession
18:44 - Earning income from properties you don’t own
KEEPING IT REAL
22:34 - Transitioning to a real estate guy
24:56 - Gathering data for business analysis
28:58 - 5 hypothesis for analysing the market
34:40 - Growing your investor database
36:55 - What does Flex industrial means
42:43 - The importance of gathering reports or data
RAPID FIRE QUESTIONS
44:56 - Favorite Book - The Miracle Morning by Hal Elrod
45:56 - Best Habit - Doing one thing at one time
47:01 - One 300 unit vs 3 apartments for a 100 units - 3 apartments for a 100 units
47:42 - Class A or Class C - Class B
49:04 - Self managed or outsourced - both
BOOKS MENTIONED IN THIS SHOW
The Compound Effect by Darren Hardy
Rich Dad Poor Dad by Robert Kiyosaki
The Miracle Morning by Hal Elrod
NOTABLE QUOTES (KEY LESSONS):
“Real estate does really really well when prices go down. And what we’ve seen is, if I look at the … curve, every time there’s a recession, the people that are buying in that recession are the big winners.”
“The beauty of real estate is that the business controls the real estate and when the sale happens, the business will still be renting that real estate for the ….”
CONNECTING WITH THE GUEST
Facebook | www.multifamilyu.com | Podcast | Instagram | YouTube
ExperimentAnalysis
In this episode I recall the importance of applying the compound effect in every single thing that one does. Whether it’s a goal you are trying to reach or a new habit you are trying to build remember if you put your head down for 6 months you can accomplish what one can do in 5 years. Let’s build!
GUEST BIO
We are joined in the lab by Scott Krone. Scott joins us with a very unique perspective of real estate as he is able to tackle real estate experiments with 3 different sets of lenses, one as an architect, developer and one as a investor. He is the founder of the Coda Management Group which to date has over 55 million in investments under its belt.
Scott took the unconventional route in real estate investing as a student in an Architecture graduate program. This background has contributed to his company’s present success of taking underperforming commercial buildings and converting them to valued assets. Scott tells us how he managed a wide range of real estate properties with the main focus on self-storage investing.
Scott has found his technical 3-lens expertise invaluable in the evaluation of properties and teaches us how a person doesn't always end up the path he started and how this will still turn out for the best. If you wish to learn more about self-storage investing, you’re going to be inspired with Scott’s journey. Let’s tune in!
HIGHLIGHTS OF THE EPISODE
01:49 - Guest Background
05:48 - Real Estate Architect vs real estate developer
08:16 - Relevance of having an architectural background being a real estate developer
14:06 - Knowing what real estate investing is good for you
KEEPING IT REAL
20:21 - Solving people’s problem becomes sales
28:51 - Knowing which sector is taking the biggest hit
35:49 - Buying home strategy
37:57 - Common misconception in real estate
40:50 - Knowing a pro person versus the authority
42:43 - Overcoming obstacles
RAPID FIRE QUESTIONS
46:23 - Best Habit - beginning my mornings at 5:30 am
47:29 - Favorite book - The road back to you by Ian Morgan Cron
49:20 - Favorite Real Estate product - Self Storage
BOOKS MENTIONED IN THIS SHOW
Miracle morning by Hal Elrod
The road back to you by Ian Morgan Cron
NOTABLE QUOTES (KEY LESSONS):
“ I was choosing between two different programs, and that one seems to resonate a little bit more about me. I can’t tell you exactly why at this point in time, but I think that’s life, you just have to take steps and faith and then ultimately it works out.” 11:36 - 11:51
“In order to sell yourself, you have to know what your potential client is willing to buy or wants to buy.” 21:09 - 21:15
CONNECTING WITH THE GUEST
Codamg.com
info@codamg.com
ExperimentRealEstate
In this Reflection In The Lab special - I reflect on all the mentors that are all around us whether in books, courses, YouTube, the list is endless. I discuss how you can foster a one way relationship with them to help you tackle and challenge all the dreams, goals and obstacles you may be facing. Additionally the question you must ask while diving deep into this is the “who”. Ask who along the way to implementing the “what” that your mentor tells you...the feedback loop never ends, no ones ever accomplished anything great alone or without guidance and wisdom and luckily for you if you’re watching this, the answers to your dreams are just one tap away....let that sink in.
GUEST BIO
We are joined in the lab by Chris Craddock, a real estate agent-turned-investor and a certified Life Coach hosting the podcast, The Uncommon Real Estate. He is also the CEO of the Redux Group which has recently sold just under $120 million in volume in the past year. His success has largely been attributed to more than a decade of investing in real estate and the tireless pursuit of the best deals for his clients.
Chris started making 12 times what he was making in a year flipping houses in Washington DC before he got his realtor license. He later on discovered the investor niche when he realized that he could be paid multiple times as an owner of the property rather than as an agent that gets paid one time on a deal. This led Chris to close the gap on what should have been an obvious transition towards financial freedom --- from flipper to agent to investor.
While in the lab with Chris, we discover how you should always buy into your own product. Whether you’re a real estate agent looking for the next level or someone starting out in real estate looking for your own niche, you will definitely pick up on a lot of the industry advice Chris imparts in the lab.
HIGHLIGHTS OF THE EPISODE
01:58 - Guest introduction
05:48 - Getting a deal that turns into 5 deals
08:16 - Making money from solving people’s problems
15:06 - Turning trash leads into cash
KEEPING IT REAL
22:10 - Vertical Integration
25:21 - Legal shield
33:49 - How systems are built
38:49 - Wholesaling deals
RAPID FIRE QUESTIONS
40:40 - Favorite Book : Traction | Bible
40:53 - Best Habit : Waking up early and whining before afternoon
41:05 - Best Tools : My network
41:22 - Single vs MultiFamily : Both
BOOKS MENTIONED IN THIS SHOW
Traction Book by Gabriel Weinberg and Justin Mares
NOTABLE QUOTES (KEY LESSONS):
“The people that make money are the ones that solve other people’s problems.”
CONNECTING WITH THE GUEST
Website | Facebook | Instagram
ExperimentCoaching
In this episode Ruben reflects on a topic he is very passionate about. The same topic he recently shared in his TEDx talk. The importance of becoming a time creator vs. a time consumer. What would that mean in your lab? In your life, in your business? What would it mean for you if you were able to create more than 24 hours in your day? Ruben preaches what he practices, as the Director of Invested Talent — a video marketing agency that helps real estate investors repurpose and multiply their social media content leading a team of 12, and actively being a realtor and partner on in-out of state deals while also consulting corporate clients and small businesses — as your host of the The Real Estate Experiment Podcast and Mastermind OPT host, Ruben is as good as the people, platform and resources he can count on to CREATE more than 24 Hours in his day.
In this episode he would like to share the paradigm shift that he believes everyone should observe because we’ve all been wired to look at time as something that we consume rather than something we can create COLLECTIVELY. Ruben builds on the ideas of a book he was inspired by, The 4 hour work week by Tim Ferris…and challenges the idea of why not build a 400 hour work week of PRODUCTION…what would that look like in your life, in your business? If you’re an overachiever looking to get more out of your day, you’ll want to tune into this one.
My TEDx Talk - How To Create More Than 24 Hours In Your Day: https://bit.ly/3l3A6da
Sally’s Time Creation Resource Sheet: https://bit.ly/3p6fJ19
GUEST BIO
We are joined in the lab by Pritesh Damani, an engineer, entrepreneur, real estate investor and CEO-Technical Founder at RealtyCrunch. Pritesh who considers himself an engineer by definition loves to make things and already realized early on that he would retire by the time he was 40. He came from a very modest background, had the right people around him and had the uncanny ability to surround himself with the right people in his circle and identify demand in the marketplace which all contributed to get him to where he and his company is today.
RealtyCrunch is the third business that Pritesh started from the ground up. It is a real estate collaboration platform that helps agents understand what their clients need, prioritize what they like, and collaborate with them to close deals faster. The platform is a Pinterest + Trello like collaboration web and mobile app which helps home buyers and real estate agents easily communicate on properties that they add to their wall (dashboard) to help extend the conversation and keep it organized while sourcing through multiple properties — it’s now evolved into a docusign like-pre-filled form application and Pritesh has made it very clear that he will look to continuously evolve the application based on what the marketplace needs. Pritesh espouses work-life integration and believes that if you’re passionate with what you do, then “you’re never working even when you’re working.”
While in the lab with Pritesh, we discover that once you make things (with technology), you can keep making newer, faster, more efficient ways of making them. If you’re a rising entrepreneur looking for the best combination of the start-up culture and how to identify opportunities, you will definitely be empowered with the technical and collaborative insights Pritesh shared with us in the lab.
HIGHLIGHTS OF THE EPISODE
02:35 - Background of the guest
07:02 - Work Life Integration
11:13 - Importance of being surrounded by the right people
15:05 - Experimenting your career in the beginning
16:39 - How the business started
22:33 - Advice to your younger self
KEEPING IT REAL
31:49 - The RealtyCrunch Application
36:49 - Kinds of Forms
42:31 - Knowing business opportunities
50:43 - The Art of War Book
31:59 - How important is Social Media to the business
34:03 - Grabbing listings through social media
50:43 - Listing Your Goals
NOTABLE QUOTES (KEY LESSONS):
“We don’t want to build stuff that people don’t want to use, there are people out there that are just telling us what they need and I think we’re going to listen to them”
“Experiment with your career in the beginning, don’t get stuck with the same thing”
CONNECTING WITH THE GUEST
LinkedIn | Instagram | Website
ExperimentTechnology
GUEST BIO
We are joined in the lab by Jennifer Seeno Tucker, A full service real estate sales associate that operates mainly throughout Queens, and in Nassau & Suffolk Counties. Specializing in boutique type service of the highest possible quality standards to customers and clients.
Jennifer has an advanced background in education, which gives her the advantage in communicating and negotiating property details to buyers. She has been licensed since 2012 and in 2017 through 2018 has received the EXIT Realty Award, an establishment that is invite-only.
She is now a licensed associate real estate broker for Exit Realty United. Previously working as a real estate agent for Century 21 Prevete in Elmont, New York, and as a Physical Education teacher at Hebrew Academy of Long Beach in New York. Before this, she graduated CUNY Queens College with a Masters degree in Science. HIGHLIGHTS OF THE EPISODE
01:40 - Background of the guest
03:52 - The Eternal Student
05:32 - Why Real Estate
07:44 - The Initial Thought Process
09:24 - Thoughts on Brokerages
13:48 - Transitioning to a Real Estate Coach
KEEPING IT REAL
16:20 - The Initial Step
17:43 - Biggest misconception of being a coach
23:09 - What kind of environment should someone be surrounding themselves
27:13 - How important is networking during Covid
31:59 - How important is Social Media to the business
34:03 - Grabbing listings through social media
50:43 - Listing Your Goals
NOTABLE QUOTES (KEY LESSONS):
“I don’t know the word stop. I just keep going and love making things happen”
“I think people really need to be grounded, and stay present in the moment. And for me that meant having a greater intimate relationship with God”
CONNECTING WITH THE GUEST
Facebook | LinkedIn | Instagram | YouTube
Website
ExperimentBroker
GUEST BIO
We are joined by Chris Thomas, a short term real estate investor known for his unconventional pull-no-punches style of advice. Chris began with mobile technologies which eventually led to becoming the founder of his own SMS text software company, Glu Mobile Media. In 2018, he took over as head of growth for frequent in San Diego. Today, he is a distinguished real estate investor specializing in short term rentals via AirBNB hosting.
Chris influences professionals worldwide and sets them up with valuable information for short term investing, business, development, and overall financial success.
Chris has become the authority for investment get-rich-tips, passion that is showcased wholeheartedly on his YouTube channel. He is a firm believer that those who think that “money doesn’t buy happiness” certainly don’t have any. HIGHLIGHTS OF THE EPISODE
02:44 - Background of the guest
05:48 - How it all started with Real Estate
09:25 - Leveraging Trust
13:56 - Video Tools of the Trade
17:51 - Clarifying the First wave of Business Partners
KEEPING IT REAL
20:16 - Past Mistakes that made in the past
22:05 - “Subject to” contract
25:20 - Potential systems for operating the business
30:07 - Good metrics for cleaning up 1 good bedroom
38:33 - Acquisition perspective vs Management perspective
48:05 - The Player’s Club
50:43 - Listing Your Goals
NOTABLE QUOTES (KEY LESSONS):
“The fastest way to success is finding somebody who already achieved it” 8:37 - 8:43
“You have a very short life, in the United States the average life span is 72 years old. Right? It’s not a long time. Why would you spend it with people who are not growing and molding you to become the best person.” 49:22 - 49:40
CONNECTING WITH THE GUEST
Website
Facebook | Instagram | YouTube | LinkedIn
This episode is brought to you by our sponsor Guesty.com which is a property management software that Ruben and his team use as short term rental Superhosts to manage and streamline all communication with their guests and team to make it a memorable stay for each guest that books their property. Use our private unique link here https://hosts.guesty.com/?r=therealestateexperiment to let Guesty know we sent you!
ExperimentAirBnb
GUEST BIO
We are joined in the lab by Austin Linney, a real estate investor and mindset coach. Austin is a firm believer in the power of the mindset which led to the creation of his podcast called Construct Your Life. In his journey, Austin realized the importance of altering his mindset and lifestyle early on to directly impact and change his life and business. He is making it his mission to tell more people about life success rather than just financial success.
Austin’s story started having his fair share of failures in business - 7 bad deals to be exact, but that didn’t stop him from charging forward with the tiniest belief that he could do it. His real estate journey kicked off with his first home being a short term rental which evidently led to more success in the short term rental space. It wasn’t long before he decided that he wanted more out of life rather than it being strictly financially driven. He decided to scale back from the business in order to get more in alignment in his life by being more truly fulfilled.
While in the lab with Austin, we discover how the right mind-shift can contribute to a person's success. If you’re a rising entrepreneur eager for a shift in your daily hustle and seeking for fulfillment, you will definitely resonate with the insights that Austin shared with us in the lab. HIGHLIGHTS OF THE EPISODE
02:15 - Background of the guest
12:47 - The spoke in the wheel theory
14:22 - Changing your environment
18:58 - Handling drastic changes in our lives
KEEPING IT REAL
22:17 - Failing seven times
29:47 - Getting our first house
42:34 - Knowing the time to get out
45:56 - First failure in business
51:14 - Real life training in business
1:00:00 - Designating days on what you do
1:11:52 - How can you stand out from everybody else
1:20:36 - Connecting with other people
BOOKS MENTIONED IN THIS SHOW
Rich Dad Poor Dad by Robert Kiyosaki
NOTABLE QUOTES (KEY LESSONS):
“Nobody is willing to sacrifice one year or two years to literally get ahead. The vehicle of real estate if done properly can retire you in three years. But you have to understand that it's going to take some sacrifice.”
CONNECTING WITH THE GUEST
Facebook | Instagram | LinkedIn
ExperimentMindset
GUEST BIO
We are joined in the lab by Jorge Abreu, a Multifamily Investor with over a 1,000 doors on the GP and LP side. Jorge got into the real estate investing business when he found out that a lot of the successful people he read up on kicked off their careers in the same venture. He really didn’t feel that going the traditional route of working his way up the corporate ladder as an Electrical Engineer was the best way for him so he decided to take a risk and fast forward to a few years later, now owns multiple businesses.
Jorge is the CEO of the Elevate Commercial Investment Group. His company looks into Elevating the Multifamily Community by providing a better quality of life for residents and above average investor returns. Jorge also owns a construction company, JNT Construction, that focuses on helping Multifamily Investors with their full renovations. The business came about funnily enough because of his not so ideal experiences with contractors.
In this podcast episode with Jorge, we discover how people can build up or supplement their wealth with real estate investing. He makes it his business to offer services such as finding out about Market and Location Suitability, Acquisition and Operations to his clients - all of which are all intended to raise equity for investors.
HIGHLIGHTS OF THE EPISODE
02:00 - Background of the guest - Who is Jorge Abreu?
04:07 - The importance of having a system in place
07:13 - transition from one business to another
11:10 - Vertical Integration - how it came about
14:45 - The trick into getting into Real Estate Investing
15:50 - Importance of coaching
20:20 - Mindset for success
KEEPING IT REAL
27.54 - Biggest mistakes when raising capital
30:02 - Acquiring new multifamily investments
34:20 - What is next for Elevate?
RAPID FIRE QUESTIONS
35:22 - Favorite Book - You Can’t Hurt Me
35:32 - Best Habit - Working Out
35:41 - Best Tool - Active Campaign
35:53 - One 300 unit apartment building vs 3 apartments of a 100 units - 300 unit
36:03 - Class B or Class C - Class B
36:14 - Cash Flow or Equity - Cash Flow
36:27 - Self-managed or outsourced - 3rd party
36:48 - One superpower for a benefit - Getting the word out about real estate investing
BOOKS MENTIONED IN THIS SHOW
You Can’t Hurt Me - by David Goggins
NOTABLE QUOTES (KEY LESSONS):
Just the whole mindset behind money. I feel that in the US, we’re not really brought up to talk about our net worth or our investments in general. I think we should be talking about those things. To raise money in Multifamily you’ve gotta feel comfortable talking about that and you’ll find out that the individuals that want to invest feel comfortable telling you exactly what they’ve got and how much funds they are looking to place and what not.
CONNECTING WITH THE GUEST
Website - elevatecig.com
Email: jorge@elevatecig.com
ExperimentMultiFamily
GUEST BIO
We are joined in the lab by Nicholas Hutchison, the co-founder of BookThinkers LLC. BookThinkers is an online community and educational technology company that enables readers to achieve more and live better. Nick is also the host of Life-Changing Books podcast.
Nick is a passionate student of the world who is always interested in learning new things and applying them to his personal and professional life. He believes that readers are leaders, and learners are earners. Nick says that if we read more, we are more likely to succeed.
Also, Nick reveals that before he became a book lover, he used all these books to improve his life in every way imaginable, he was an anti book. His first “aha” moment happened when his mentor challenged him to read a book and it was the book “Rich Dad, Poor Dad” by Robert Kiyosaki that astounded him and made him discover what he now calls - "Condensing Decades into Days".
In this podcast episode with Nick, we will discover how he finds the time to read and how he easily absorbs all the valuable learnings. Let’s see how Nick can also make it easier for us to do the same.
HIGHLIGHTS OF THE EPISODE
02:40 - Background of the guest - Who is Nick Hutchison?
05:34 - Internship in a software company
07:37 - Learning Cash Flow from a book
09:59 - What books should I be reading
KEEPING IT REAL
13:22 - Tips in Reading
16:42 - Should someone need to be a wide reader?
19:43 - Retaining and Implementing values
23:31 - Speed reading tips
25:15 - First experience in real estate investing
28:50 - How important is social media
31:15 - Getting market feedback
RAPID FIRE QUESTIONS
33:07 - Favorite Book - Rich Dad Poor Dad by Robert Kiyosaki | The Compound Effect by Darren Hardy | The 4-Hour Workweek by Tim Ferriss | The Go-Giver by Bob Burg | Vagabonding by Rolf Potts
BOOKS MENTIONED IN THIS SHOW
Rich Dad Poor Dad by Robert Kiyosaki
NOTABLE QUOTES (KEY LESSONS):
“If you’re really unsure of what you want to do in life, then money can be a very scary thing you know, you don’t know how to earn it, you don’t know how to invest it, you don’t know how to take care of it...”
“I really believe, no matter what problem you’re facing, any issue that you have in life, there’s a book that can help you make progress towards that solution.”
CONNECTING WITH THE GUEST
Website
Instagram | LinkedIn | Facebook | YouTube
ExperimentMindset #ExperimentReading
GUEST BIO
The King of Cost Segregation is here to help us all save on income taxes, something we can never truly escape. Yonah is an active Podcaster, a RE-Investor, and most importantly, he knows how to connect people and help them help one another.
Yonah shares some of the details on how he simplifies the process of taxes so that you — along with your accountant can apply the cost segregation study on your existing assets.
If you’ve had assets for some time and haven’t done so already it isn’t too late, tune into the episode to see the significant tax deductions you can receive from applying a cost segregation study to your portfolio. This includes maximizing annual depreciation, reducing upfront income tax costs, lowering cost of capital, improving cash flow, and having the ability to write-off individual assets in the future.
HIGHLIGHTS OF THE EPISODE
02:05 - Background about the guest - Yonah Weiss
05:42 - Start of a new venture
10:31 - Cost Segregation
KEEPING IT REAL
14:44 - How to deal with Cost Segregation
17:23 - Tax Deduction
19:47 - Formula for Cost Segregation
21:48 - Who can benefit Cost Segregation
24:13 - 4 Categories when talking Cost Segregation
29:05 - Grow your Portfolio using Cost Segregation
31:17 - Biggest Misconception
RAPID FIRE QUESTIONS
33:31 - Favorite Book - Unlocking Greatness Book by Charlie Harary
34:31 - Best Habit - Prayer
35:08 - Best Tool - LinkedIn
38:40 - One 300 unit apartment vs 3 apartments of a 100 units - one 300 unit building
BOOKS MENTIONED IN THIS SHOW
Unlocking Greatness Book by Charlie Harary
NOTABLE QUOTES (KEY LESSONS):
“Every time you teach the subject, new questions and different questions from different people and that really sharpens the saw even more”
CONNECTING WITH THE GUEST
LinkedIn | Instagram | Facebook
www.yonahweiss.com
www.madissonspecs.com
ExperimentCostSegregation
GUEST BIO
Today, Anselmo Torres joins us in the lab to help us increase our profit margins as multifamily operators through water conservation. In this episode we didn't take a bathroom break at all but we certainly addressed the elephant in the room — toilets.
Anselmo shows us how to STOP wasting MONEY on wasted water and inefficient water fixtures. Essentially Anselmo shows us that multiple multifamily operators are flushing money down the drain by not updating to more efficient toilets or simply lacking the ability to identify wastes within their properties.
Join us in the lab to see how much money you could be saving from every single one of your flushes. As Anselmo wisely brought to our attention — if it cannot be measured, it cannot be managed. HIGHLIGHTS OF THE EPISODE
02:14 - Background of the guest - Anselmo Torres III
06:10 - Helping water conservation
11:17 - Water meter reading monitoring
KEEPING IT REAL
16:50 - Solving Water Leaks
23:14 - Opportunity to reduce water expenses
24:00 - Niagara Self Toilet (.8 gallons per flush)
30:40 - Providing data to the property manager
BOOKS MENTIONED IN THIS SHOW
Meditations by Marcus Aurelius
RAPID FIRE QUESTIONS
31:56 - Best Tool - Bicycle | Book | Journal
33:20 - Biggest Misconceptions - How water conservation impacts the property
35:12 - Property Type - Class C
NOTABLE QUOTES (KEY LESSONS):
"If it can’t be measured, it can’t be managed”
CONNECTING WITH THE GUEST
Website | LinkedIn | Instagram
ExperimentMultiFamily
GUEST BIOJohn Okocha joins us in the lab with many experiments of enlightenment that evidently lead him to VP of Acquisitions for Elevate. Born in Dallas, Texas while his parents are originally from Nigeria. As a first generation son to immigrant parents John always had a focus on school first but was always open minded.
When he was still in high school his close friend gave him the book "Rich Dad, Poor Dad" and it peaked his interest and the beginning of his real estate experiments began. He started going to real estate seminars alone, then eventually brought his parents. John did all the basics and soon enough he found a mentor who taught him about the single family side. He then got his first property under contract at 17!
John worked for an investment firm that managed single family rental portfolios...after being reluctant to work on the single family sector John increased their acquisitions by over 75 percent landing himself the title Acquisition Manager. After seeking his next opportunity in the multifamily space, he was able to earn a role as an acquisitions specialist after a successful trial on the job — getting a letter of intent on a 400 unit apartment building on behalf of his company in just 30 days — the rest is history.
What's up Experiment nation! John Okocha is joining us in the lab ready to blow us away with proven real estate experiments. John Okocha is born and raised in Dallas, Texas but his parents are originally from Nigeria. John has a Bachelor's Degree in Economics from Texas A&M University and has been doing real estate for about 6 years now. He specializes in acquiring Multifamily properties. But how did our brilliant guest started it all?
HIGHLIGHTS OF THE EPISODE
01:13 - Background of the guest - John Okocha
02:23 - John Okocha's Journey to being a VP of Acquisitions
06:40 - How John realized that Financial Advising is not working for him anymore
10:40 - The importance of a challenging, nurturing environment.
KEEPING IT REAL
13:39 - What is John's current position at Elevate Commercial Investment Group and how he got it
24:37 - What does an Acquisitions Manager do?
30:58 - What is the everyday goings-on of an Aquisitions Manager?
33:04 - What is Networking, and what is the importance of it?
36:17 - The importance of social media to John's current work.
BOOKS MENTIONED IN THIS SHOW
Rich Dad Poor Dad by Robert Kiyosakyi
Think and Grow Rich by Napoleon Hill
NOTABLE QUOTES (KEY LESSONS):
"It's a realization. You think you're doing what you're supposed to do, then you realize you're not."
"One thing that my dad always told me growing up, even in highschool, was to always hang out with people that were smarter than me."
"There's a lot of things that we don't know that we don't know that we only will know if we have exposure to the right people."
"When it comes to asking for advice, I always try to ask advice from someone who has what I want."
CONNECTING WITH THE GUEST
Website | LinkedIn | Instagram
ExperimentAcquisitionsManager
GUEST BIO
Sergio Altomare joins us in the lab to share some solid real estate ROIs. One of the first lines in our interview was “we like to take people’s capital and make it worth a lot more’. Sergio and his wife Corinn Altomare have partnered up under one roof (literally) to help others close in their circle get a greater return on their capital through the real estate model. They both primarily started in the greater Philadelphia market, while having expanded their multifamily investing to more unique models in commercial real estate such as self-storage units, RV and campgrounds.
Prior to becoming a full-time real estate investor with his wife, Sergio's path began as a technologist for the Federal Reserve for over 20 years. His expertise there was in all facets of technology that led him to take on projects and implemented systems with over $100 million in budgets.
Now, Sergio and company at Hearthfire Holdings, LLC have over 300 units and $10 million in assets under management. They’ve raised over $2 million in capital and exited several assets at an average of 25% IRR. Sergio has also flipped houses, completed many rehabs, and participated in multifamily development with Corinn.
If you’re interested in hearing how Sergio and Corinn started house hacking with a triplex, sold a few of their properties and then pivoted to syndication, property management, self storage and left their full time jobs to pursue this opportunity together full time. Then you’ll want to tune into this episode.
HIGHLIGHTS OF THE EPISODE
02:06Background of the guest - Sergio Altomare
11:07 Pipeline of Deals
13:15 Having an Efficient Cash Flow
16:25 Zoom Open House Tour
KEEPING IT REAL
20:35 Scaling the Property with the use of Technology
30:07 WhyOwning aStorage Units
35:48 Self Storage Investing
37:53 Opportunities in the Self Storage Facilities
40:05 Factoring Supply and Demands
43:42 Duration of Storage Tenants
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
50:48 Favorite Book - Rich Dad Poor Dad by Robert Kiyosakyi | Think and Grow Rich by Napoleon Hill
51:46 Best Habit - Meditation | Journaling
51:55 Best Tool - Journal | Planing 2 to 3 days in advance
52:13 One 300 Unit apartment building or one 300 unit storage facility - managing storage facility
52:44 Class A or Class C - Class C
52:48 Cash Flow or Equity - Equity
52:56 Self managed or outsource - self managed
BOOKS MENTIONED IN THIS SHOW
Rich Dad Poor Dad by Robert Kiyosakyi
Think and Grow Rich by Napoleon Hill
NOTABLE QUOTES (KEY LESSONS):
“If somebody sends an inquiry on a property, you have to get him back immediately if not, sooner. A potential tenant wants to hear back in an hour or less, if not, chances are they’ve moved on.”
“If you want to do a good deal, you have to get deep into the weeds. You can’t cut corners. There’s so many books out there that have written the instructions on how to analyze properties..”
CONNECTING WITH THE GUEST
Email : serjio@hfirehildings.com
Website | LinkedIn | Biggerpockets
GUEST BIO
Chris Prefontaine steps into the lab to share more about his amazing 30 years experience. Chris is a 3-time best-selling author of Real Estate on Your Terms, The New Rules of Real Estate Investing, and Moneeka Sawyer’s Real Estate Investing for Women.
Chris has a remarkable 30 years experience ranging from constructing new homes in the ’90s and owning a Realty Executive Franchise to running his own investments (commercial & residential) and coaching clients throughout North America. To top it off he is also the Founder and CEO of SmartRealEstateCoach.com and host of the Smart Real Estate Coach Podcast.
And who says that’s everything? Chris also runs his own buying and selling businesses with his family team, which purchases 2-5 properties monthly. And get this, they’re in the trenches every single week! They also help their Associates and students do the exact same thing all across North America, working together on another 10-15 properties every month.
Having been through several real estate cycles, Chris is a certified Master of Experimenting Series. He has worked on a lot of experiments to prove what actually works. Join us today to uncover the proven ways of understanding the challenges of this business and how we can navigate the constantly changing real estate waters.
HIGHLIGHTS OF THE EPISODE
01:53 Background of the guest - Chris Prefontaine
02:58 Type of Real Estate Chris is doing
04:15 Getting 3 checks per deals
05:55 Pre Covid and During Covid problems
KEEPING IT REAL
08:30 Things that can impact your loan
12:11 How scaling the business looks like
16:37 Finding the sellers
20:03 Formula for success
21:42 Importance of coaching and why Chris loves coaching
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
25:05 Favorite Book - The Hard Thing About Hard Things by Ben Horowitz
25:17 Best Habit - Working out | Meditating | Gratitude in the morning
25:38 Best Tool - Freedomsoft products
BOOKS MENTIONED IN THIS SHOW
Rich Dad Poor Dad by Robert Kiyosaki
NOTABLE QUOTES (KEY LESSONS):
“There’s a mental piece of coaching that you can only get and understand when you coach, and that is seeing someone go from I’ve never done a deal to leaving corporate life especially all the chaos is going on and really designing the lifestyle.”
CONNECTING WITH THE GUEST
Website |
Instagram | Facebook | LinkedIn|YouTube#ExperimentBusiness #ExperimentCoaching
Karen steps into the lab with the experience of managing multi-million dollar portfolios for over 25 years at the institutional level. Karen managed over $150 million in fixed income while also juggling the role of Chief Compliance Officer. Her portfolio management experience includes co-managing a $250 million emerging markets fund and relocating an institutional asset management practice from Switzerland to London.
Karen has taken her plethora of knowledge of investing and putting it to a new vehicle that can benefit partners in her community as a Principal of East Light Investments — a multifamily investment company. Karen and partners specialize in Class B/C+ properties in Upstate South Carolina, where she currently oversees acquisitions and investor relations.
Karen kicks off our local Experiment Series as a true practitioner in the field experimenting a new change in her career and long term investment strategy. Join us today to find out why she made the switch from institutional corporate portfolio investing to investing for herself and her partners at East Light Investments.
HIGHLIGHTS OF THE EPISODE
00:47 - Karen Oeser's investing experience overview
02:30 - Karen Oeser's background
06:46 - Insitutuonal Investing to Multifamily Investing: Why the switch?
10:40 - Multifamily Investing Pros: Stability - Multifamily Investing VS Institutional Investing
13:22 - Multifamily Investing Pros: Control of the investment - Multifamily Investing VS Institutional Investing
15:14 - Multifamily Investing Pros: Tax benefits and transparency
20:05 - Multifamily Investing Pros: Transparency of the investment - Multifamily Investing VS Institutional Investing
27:23 - Karen Oeser's Business Model
32:03 - Accessibility: What it means for Karen Oeser
33:14 - What type of service does Karen Oeser offer? Active Management or Passive Management?
33:14 - Multifamily Investing: Mutually beneficial relationship
39:09 - How to get into Karen Oeser's network
42:47 - The longevity of the Real Estate market
CONNECTING WITH THE GUEST
Website : http://eastlightinvest.com/
Email: karen@eastlightinvest.com
LinkedIn : https://www.linkedin.com/company/67319457/
Facebook : https://www.facebook.com/EastLightInvest/
Website : http://eastlightinvest.com/
Email: karen@eastlightinvest.com
LinkedIn : https://www.linkedin.com/company/67319457/
Facebook : https://www.facebook.com/EastLightInvest/
GUEST BIO
Alexander Cruz also known as ‘Xander’, is a Baltimore native who began his Residential Real Estate career in 2011 upon graduating from West Virginia University. He quickly realized a passion for the Residential Investment side of the business and worked with Craig Reich and Brock Reich in developing CR of Maryland into one of the premier Residential Real Estate Companies in Baltimore that now owns and manages over 320 single family rental properties.
Over the years, Xander has worn numerous hats and helped oversee each facet of the company through various stages of growth. Today he is the Turnkey Director of CR of Maryland.
The focus of the company was buying, renovating and reselling homes. Within a few years they became one of the largest home renovation companies in the northeast. As the company continued to grow, it expanded into a full service real estate investment company that buys, renovates and resells homes, buys, renovates and leases rentals, and includes a retail real estate team that serves buyers & sellers throughout the Baltimore Metro area.
With over 2,000 transactions under our belts, they have developed a network of resources and relationships that they use to buy homes inexpensively and at scale. It allows them to perform complete renovations they buy including roof, siding, electrical, HVAC, mechanicals, plumbing, appliances, etc.
Join us today in the lab as Xander shares with the community some values that can provide impact for success. Don’t miss this episode. Let’s build.
HIGHLIGHTS OF THE EPISODE
01:13 Background of the guest - Alexander Cruz
05:20 Why started on Fix and Flip
10:10 Why Turnkey Rental is in Demand
14:27 Avoid over leveraging
KEEPING IT REAL
17:04 Why construction is challenging
17:58 What is EOS - Entrepreneurial Operating System
23:26 Knowing problems in the System
27:17 How the partnership started
33:32 Building the systems with the new partner
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
35:38 Favorite Book - The Tipping Point by Malcolm Gladwell | Relentless by Tim Grover
37:49 Best Habit - Giving break during work hours
39:03 Real Estate Umbrella - Rental Properties
41:25 Top 3 things that their looking for
BOOKS MENTIONED IN THIS SHOW
The Tipping Point by Malcolm Gladwell
Relentless by Tim Grover
NOTABLE QUOTES (KEY LESSONS):
“We are constantly evolving and not just in what we are focused on but also trying to improve things along the way”
“When you have good people and good systems, that’s where the growth really hit.”
CONNECTING WITH THE GUEST
Website
Email : alexander@crofmaryland.com
LinkedIn | Facebook
ExperimentTurnKey
Michael is a husband, father, investor, entrepreneur, CPA, author, speaker, instructor, and short term rental expert. As the founder of Short Term Rental Secrets — he leads a well oiled machine & system of running a lucrative short term rental operation which is essentially a sophisticated property management company. Michael’s advanced training & mentorship programs help new and seasoned real estate investors launch, automate & scale their very own short term rental portfolio to fast track their journey to financial freedom — all from his very own proof of concept as a true practitioner.
Based outside of Boston, MA they have a portfolio of 24 short-term rental properties across several states, and most recently have purchased their 1st boutique hotel on Boston’s north shore. Come into the lab to learn more about the short term rental secrets from Mike a.k.a the AIRBNB-guy himself.
HIGHLIGHTS OF THE EPISODE
01:13 Background of the guest - Michael Sjogren
04:13 How he started his Short Term Rental Business
10:08 Having an Eyes and Ears of the property 24/7
17:53 Knowing what type of property
22:24 Average booking duration
24:54 Managing the whole business - creating the right systems
30:50 Guest communication software
31:36 3 ways to make money with STR
KEEPING IT REAL
34:13 Basic Money Management
37:18 Types of property owners to work with
41:10 Flipping boutique hotels - scaling up business
44:08 Favorite Mentor - Rock Thomas
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
50:29 Favorite Book - Think and Grow Rich by Napoleon Hill | Psycho-Cybernetics
by Maxwell Maltz | Becoming Supernatural by Joe Dispenza
51:08 Best Habit - Choosing how I’m going to feel in the morning
52:12 Best Tool - Reviewing goals every Sunday and scheduling it to Calendar
53:00 One 24 unit apartment vs 24 short term rentals - one 24 unit apartment
53:28 Self manage or Outsource - self manage
54:14 One super power - Positivity and Certainty
56:02 Software tool - Monday.com
CONNECTING WITH THE GUEST
Facebook | Instagram | Podcast | LinkedIn
Website
This episode is brought to you by our sponsor Guesty.com which is a property management software that Ruben and his team use as short term rental Superhosts to manage and streamline all communication with their guests and team to make it a memorable stay for each guest that books their property. Use our private unique link here https://hosts.guesty.com/?r=therealestateexperiment to let Guesty know we sent you!
ExperimentAirBnb
GUEST BIOGina Sahota is a successful real estate investor, financial literacy advocate, mentor, speaker and upcoming author. While she used to work at a bank in Canada for 12 years, she had the real estate passion making her own personal investments starting back in 2006. She then made the switch in her career from banking to real estate and landed a job at a construction company in Vancouver. Working there gave her the real estate knowledge to be fully submerged in her real estate endeavors.
Gina is passionate about educating, inspiring and empowering others and has trained and coached over 500 individuals.
If you are as passionate as she is, you can't miss this episode. We are excited to have Gina Sahota step into the lab and share with us her success stories and how she can inspire people to think big, aim high and act bold.
HIGHLIGHTS OF THE EPISODE
01:18 Background of the guest - Gina Sahota
05:23 Pivoting Banking to Real Estate
07:18 Applying customer service in real estate
08:48 Reaching out to different networks
14:48 What value can Gina add to the community
17:27 First real estate investment
21:03 Doing due diligence before investing
KEEPING IT REAL
24:51 Biggest limiting belief that Gina overcame
26:01 Biggest misconception
26:49 Best advice
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
28:21 Favorite Book - Rich Dad Poor Dad by Robert Kiyosaki
31:00 Best Habit - Drinking Coffee
31:45 Best Tool - Google Docs
32:28 One 300 unit apartment vs 3 apartments of a 100 units - One 300 unit
32:45 Class A or class C - Class C
33:22 One super power - Fly around | Teleport
BOOKS MENTIONED IN THIS SHOW
Rich Dad Poor Dad by Robert Kiyosaki
NOTABLE QUOTES (KEY LESSONS):
“When you’re meeting people, it’s not about what you want, but what value can you add to that person.”
“Do the networking, get out of your comfort zone, nobody’s gonna come to your house and be like ‘Here’s an opportunity..’ you need to go get it.”
CONNECTING WITH THE GUEST
Website | Event
Instagram | Facebook | Twitter | LinkedIn
ExperimentFinancialLiteracy #ExperimentNetwork
Justin Brennan grew up on his father’s job sites digging ditches witnessing and learning from him as a builder & developer. His father made him dig ditches lay pipes and understand the importance of hard work and the value of money. The 2008 crisis had a huge impact on his family’s business and it was a turning point for him to pivot.
He worked as an asset manager for major banks and found a way into residential sales handling short sales and helping families. He began breaking into the La Jolla Luxury Real Estate Market and after 7 years in the business, he’s climbed into the top of the real estate game in La Jolla leading one of the top real estate teams in San Diego. Selling over $100M+ of San Diego Real Estate.
Join us today as Justin steps into the lab and covers almost every cornerstone of the real estate umbrella. Let’s build!
HIGHLIGHTS OF THE EPISODE
01:50 Background of the guest - Justin Brennan
06:10 Decided to pursue the family business
09:00 Looking at a specific land play
11:35 Finding specific and general plans
13:28 Getting a capital for the development
17:50 Tax advantages to land plays
KEEPING IT REAL
24:39 Which real estate is having the biggest impact
28:29 Helping people out
30:19 Switching to Luxury Real Estate
33:22 Building relationships while investing with the sellers
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
37:48 Favorite Book - Make Your Bed by William H. McRaven
39:24 Best Habit - Meditation, Peloton and Drinking Coffee
41:33 Best Tool - Notes on iPhone | Siri
43:06 One 300 unit apartment vs 3 apartments of a 100 units - 3 Apartments
43:19 Class A or class B - Class B and C
43:55 Cash Flow or Equity - Cash Flow
44:15 Self managed or outsourced - Self manage
46:44 Describe a successful investor - Discipline
BOOKS MENTIONED IN THIS SHOW
Make Your Bed by William H. McRaven
NOTABLE QUOTES (KEY LESSONS):
“If you remove the risk out of the investment, the reward is gonna be less as well.”
CONNECTING WITH THE GUESTWebsite: www.brennanrealestategroup.com
YouTube | Facebook | Instagram | LinkedIn
ExperimentAssestManage
Jerome Myers is an Engineering degree holder who pursued his passion in real estate. One of his goals is to help people in the middle class have affordable housing.
As a practitioner & full time investor, he also spends time educating others on how to exit the matrix through ownership in multifamily workforce housing. Jerome’s mindset is a big contributor to his success and for those of you familiar with the matrix movie reference - he ‘took the red pill’ and he encourages experiment nations to do the same.
You don’t want to miss this episode. Join us today as he steps into the lab to share his inspiring story and learn a thing or two about multifamily investing by someone who is an experienced joint venture operator.
HIGHLIGHTS OF THE EPISODE
02:27 Background of the guest - Jerome Myres
05:27 What is Workforce Housing?
12:10 Taking the red pill - unplug from what other people tells you to do
19:32 First step of doing something
25:56 Advice for the people to take their red pill
KEEPING IT REAL
29:14 Deciding who you want to be
31:18 Helping people with boots on the ground vs education point
38:06 4 Challenges of being an Investor
42:19 GPs vs LPs credibility
43:59 Transitioning to Workforce Housing
44:50 Worst advice
50:32 Challenges for a 50 unit property
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
52:43 Favorite Book - Your Dreams Should be Real by Jerome Myers
53:06 Best Habit - Running 6 miles a day
53:25 Best Tool - Meditation
53:46 Describe a successful investor - consistent
BOOKS MENTIONED IN THIS SHOW
The Four Agreements: A Practical Guide to Personal Freedom by Don Miguel Ruiz
Your Dreams Should be Real by Jerome Myers
The Millionaire Fastlane by MJ DeMarco
NOTABLE QUOTES (KEY LESSONS):
“You can’t just do what you enjoy, you can’t just do what you like, you actually got to figure out how you’re gonna make money in this pursuit of fulfillment in your life through your work.”
“We were all put on this planet to accomplish a major mission and too many of us have decided along the way that that mission wasn’t important and they traded for other things.”
CONNECTING WITH THE GUESTContact URL: https://www.jeromemyers.co
ExperimentInvestor
GUEST BIO
Mark McMahon has worked in broad areas of real estate, beginning as a contractor to getting involved in mobile home parks, flipping and traditional real estate investing - his experiences today have helped him the investor and agent that he is today with a very special niche in being able to be the bridge for Japanese & international investors overseas considering that he’s also fluent in the language.
Mark today loves to educate as much as he loves to invest. He spends his time educating agents on how to be on the other side of the closing table as investors. He is more than qualified with his 35+ years of real estate experience and his respectful portfolio of 40+ units.
Mark brings some sun to the lab joining us from orange county - you don’t want to miss this one. Let’s build.
HIGHLIGHTS OF THE EPISODE
02:43 Background of the guest - Mark Mcmahon
08:10 Doing different projects as a contractor
10:08 Started Investing on Mobile Homes
15:30 What is a Space Rent?
19:28 Buying a mobile home park or buying a mobile home?
KEEPING IT REAL
23:52 What wholesaling does
25:25 Investor from the west coast
29:08 Prices of properties in west coast
31:37 Biggest misconception
36:06 Vertical real estate
37:35 Best advice ever received
39:37 Worst advice - Leveraging
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
43:54 Favorite Book - Rocket Fuel by Gino Wickman
45:40 Best Habit - Getting up early and running | “Me” time
48:27 One 300 unit apartment vs 3 apartments of a 100 units - 3 apartments
52:00 Cash Flow vs Equity - Cash Flow
56:41 One super power - Contentment
BOOKS MENTIONED IN THIS SHOW
The Millionaire Next Door by Thomas J. Stanley
Rocket Fuel by Gino Wickman
NOTABLE QUOTES (KEY LESSONS):
“Our day job is to make money, our long term wealth job is to own properties”
“In real estate, you can do so much in up and you can do so much in down and you can do so much in a stagnant market. There’s so many things you can do if you can just shift”
“If you can’t stick with it, don’t start with it”
“The guy with a thousand units isn’t the winner, the guy that’s the winner is the guy that can do what he wants to with his time and have plenty of money to do it.”
CONNECTING WITH THE GUESTWebsite: www.arborrealestate.com
Instagram | LinkedIn | YouTube | TikTok
ExperimentInvestor
GUEST BIO
Jordan Harry joins us in the lab to talk about the most important piece of real estate one can own. Jordan and his company coaches people for improving their reading speed, memory and public speaking.
He was 10 years old when he had a speech impediment that made him struggle with public speaking and reading. Since then he’s turned what was once a challenge into a unique strength. He is now an international public speaker and the CEO of StudyFast - a company that transforms the way you learn and is now teaching more than 20,000 people from different countries across the Globe. Jordan Harry is well known for his Ted talk on ‘how to read a book a day’ with more than 2 million views. He is more than qualified considering he reads seven times faster than the average reader (1,500 words per minute).
With recent features at BBC, Virgin Startup, Santander and Metro, we are so honored to have him step into the lab today and talk about the most important piece of real estate we all own - the brain and the mindset to surpass our challenges and current performance. Let’s build!
HIGHLIGHTS OF THE EPISODE
02:56 Background of the guest - Jordan Harry
06:02 Making education and learning cool
13:56 Overcoming Impostor Syndrome
17:51 Becoming overprepared
21:57 How important is our memory
KEEPING IT REAL
26:17 Learning from books vs mentors
29:59 Knowing your best time to work 36:34 Disciplining yourself
41:40 Speed reading tips
54:18 Learning anything faster
58:59 Standing out for the right reason
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
1:03:49 Favorite speaker - Jordan Peterson
1:09:10 Favorite Book - The 4-Hour Workweek by Tim Ferriss and Man’s Search for Meaning by Viktor E. Frankl
1:14:06 Best Habit - Scheduling priorities
1:14:42 Best Tool - Trello
1:19:26 One super power - Financial literacy
BOOKS MENTIONED IN THIS SHOW
The 4-Hour Workweek by Tim Ferriss
Man’s Search for Meaning by Viktor E. Frankl
NOTABLE QUOTES (KEY LESSONS):
“When you come into money, it doesn’t change you, it just makes you more of who you already are”
“As a human being we want natural progression, we wake up each day, and we want to improve than who we were yesterday”
“In martial arts, you train enough and put your body on the line for an experience that you would hope that will never happen”
“It’s not about how much money you make, it’s how you make it”
CONNECTING WITH THE GUESTWebsite: www.studyfast.uk
Instagram | LinkedIn
ExperimentMindset
GUEST BIO
Damion Lupo is known for wearing multiple hats and for owning different kinds of businesses ranging from insurance, precious metals, financial consulting, real estate and venture capital. He is also the host of Financial Underdogs podcast, and founder of Yokido™, his own martial art’s company. His mission for all of the above is to free 1 million from financial bondage.
He began his career at the age of 11, hiring his parents for some logistics support. Because of his depth knowledge on financial markets, money psychology and unconscious pattern motivation, he became an expert at quickly assessing hidden financial cancers and helping his clients and organizations through awareness, empowerment and vision development.
Damion believes every human has a life of freedom and joy awaiting once it breaks free from financial illiteracy. If you believe in financial freedom you best tune into this one.
HIGHLIGHTS OF THE EPISODE
01:10 Background of the guest - Damion Lupo
04:05 Overcoming challenges in the society
06:38 Filtering our environment
08:55 Knowing what we’re seeking
11:23 Elevator pitch for Damion - Breaking the shackles
15:33 Providing education or being the vehicle to take clients
18:05 Two different types of people
KEEPING IT REAL
20:32 Transitioning into Real Estate
22:01 Different strategies in Real Estate
26:11 Avoiding the same mistakes
29:14 Bridging the gap
32:31 What Damion can offer to his clients
35:14 Knowing how we can provide to the people
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
38:50 Favorite book - Mastery by George Leonard
40:03 Best Habit - Off Button
41:26 One super power - the ability to fly
BOOKS MENTIONED IN THIS SHOW
Shut up and Listen by Tilman Fertitta
Reinvented Life by Damion Lupo
Mastery by George Leonard
NOTABLE QUOTES (KEY LESSONS):
“If you take a fish, you can have the most exciting, curious, optimistic fish in the world and if you put the fish in a pond full of toxic acid, the fish is gonna die..”
“A good trainer pushes you further you can go.”
*“Our system is teaching us that we’re too stupid and we are not worthy of controlling our money.”
“The moment you go 100% responsible, is the moment you have 100% power”*
“When you lose it all, it’s a giant gift from the universe ‘Hey you weren’t paying attention, there’s a reason that wealth is created, it’s not just to make more wealth, it’s actually to impact more people. It’s not about a billion dollars, it’s about a billion people’ ”
CONNECTING WITH THE GUESTWebsite: www.eqrp.co
www.financialunderdogs.com
Podcast
Facebook | YouTube | LinkedIn | Instagram | Twitter
ExperimentEntrepreneur
GUEST BIO
Jason Van Orden founded one of the first ever podcasts about internet business and online marketing which was at one point one of the most profitable podcasts on iTunes generating millions of dollars in sales from his podcast.
Jason has been teaching students and clients around the world about using internet media, how to monetize their unique brilliance with content marketing, scalable courses, and automated sales systems while growing their personal brands. He is also the author of the best selling book, Promoting Your Podcast, where he discusses optimizing podcasts to get exposure on iTunes.
Join us today as he discusses the importance of expanding your brand on the digital real estate that we all have access to today.
HIGHLIGHTS OF THE EPISODE
01:35 Background of the guest - Jason Van Orden
06:26 Helping how to impact people
07:11 What is a thought leader vs not
11:18 Pivoting online world
KEEPING IT REAL
15:31 Knowing the client’s needs
19:10 Best platform to show up for the audience
22:18 Tap in to what makes you unique
24:51 Experimenting and doubling down on what’s working
29:22 Why most people struggle
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
31:32 Favorite Marketer - Claude Hopkins
32:43 Favorite book - Strengths Leadership and Strengths Finder by Tom Rath
34:51 Favorite content - Gan Sullivan
35:30 Best habit - Sleep
36:13 Best Tool - Asana CRM
36:49 Thought Leader in one word - Impact
BOOKS MENTIONED IN THIS SHOW
Rich Dad Poor Dad by Robert Kiyosaki
Expert Secrets by Russell Brunson
Strengths Leadership and Strengths Finder by Tom Rath
NOTABLE QUOTES (KEY LESSONS):
“Thought leader is kind, one of those things you probably don’t want to call yourself but it’s nice if other people call you that.”
“When there is disruption there is always an opportunity”
“It’s not just talent or expertise that gets you there”
CONNECTING WITH THE GUESTWebsite: www.jasonvanorden.com
newincome.download
Podcast
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ExperimentPodcast
Alexis Ruffin is the founder of Sheffield Executive Housing, a short term rentals company. Before becoming an investor, she has had multiple experience working in the corporate world as a project manager. It was after a recession that she decided to start investing into real estate and luckily she’s been doing real estate successfully for just over a decade now.
Alexis started her journey in real estate rehabbing old properties and keeping them as rentals. She still does this today while she’s also created her own niche with investing in some rentals strictly for Airbnb or what she calls as “short long term stays”.
Today, Alexis steps into the lab to share her journey in this field as a practitioner, she will be sharing important lessons through her experiences in the short term rental space.
FOUNDATION
01:35 Background of the guest - Alexis Ruffin
04:39 Why choosing AirBnb
08:08 How important is AirBnb for longer business travel
09:38 Experiment phase transition
14:23 How was the first guest of the experience
15:36 Guest reasons for staying matters
20:07 Saying “No” to the guest
22:19 Coming up with the right price
25:10 Properties good for Airbnb business
27:41 Dealing the mortgage
30:27 Expenses for the maintenance of the property
KEEPING IT REAL
31:42 Best Advice - make sure you cater your core client
33:12 Managing the business/properties
35:52 End goal - having a brand name
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
37:16 Best Habit - checking the business status
38:18 Favorite book - Limitless and High Performance by Brendon Burchard
39:22 Class A or Class C - Class B
40:00 Cash flow or Equity - Cash flow
40:08 Self managed or Outsource - Outsource
40:16 One super power - kindness
40:31 Describe a successful investor - Driven
BOOKS MENTIONED IN THIS SHOW
High Performance by Brendon Burchard
CONNECTING WITH THE GUESTWebsite: www.exechouse.org
Facebook | Instagram | LinkedIn
This episode is brought to you by our sponsor Guesty.com which is a property management software that Ruben and his team use as short term rental Superhosts to manage and streamline all communication with their guests and team to make it a memorable stay for each guest that books their property. Use our private unique link here https://hosts.guesty.com/?r=therealestateexperiment to let Guesty know we sent you!
ExperimentAirBnb
GUEST BIO
Ola Dantis is a serial entrepreneur and CEO/founder of Dwellynn company, a multifamily investment firm that helps others get started in real estate investing. He also hosts one of the top real estate investing podcasts, The Dwellynn Show, that has a main goal on helping people attain financial freedom through real estate investing.
Join us today as he steps into the lab and shares some values to the community and how he teaches working professionals like himself on how to invest in real estate and the right way to build systems, habits and beliefs that will help in the long run for success in business and real estate.
FOUNDATION
01:17 Background of the guest - Ola Dantis
05:55 How Ola went into multifamily investing
07:15 Tenants paying the mortgage
09:35 How do you play the game
10:57 Things to help grow the business
KEEPING IT REAL
12:51 Why is vertical integration important
14:56 Doing things the right way
18:05 Raising capital
20:52 Getting yourself a mentor
26:42 Best advice from the mentor
28:54 Having a job and a side hustle business
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
33:55 Favorite book - Meditations by Marcus Aurelius
34:38 Best Habit - meditation and running
35:19 Best tool - Notion
35:52 One 300 unit apartment vs 3 apartments of a 100 units - One 300 unit apartment
36:12 Class A or Class C - Class A
36:31 Cash flow or Equity - Cash flow
36:55 Self managed or Outsource - self managed
37:08 One super power - to infuse love into 7 billion people
INSIDER SECRETS
1:15:07 Thoughts on what is currently happening
BOOKS MENTIONED IN THIS SHOW
The Infinity Game by Simon Sinek
Meditations by Marcus Aurelius
NOTABLE QUOTES (KEY LESSONS):
“Success could be a phone call, so as you’re living your life, going through life, pay attention.”
“Your brain is telling you ‘you can do this, I can do this by myself’..you cannot! Nobody can!”
“Equity is vanity, cash flow is sanity”
CONNECTING WITH THE GUESTWebsite: www.dwellynn.com
Podcast
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ExperimentMultiFamily
GUEST BIO
Chris Grenzig is an asset manager of Toro Real Estate Partners. Before he was involved in real estate, he took a job as a soccer coach after he earned his bachelor degree in business management. When he realized that he missed New York, he went back and after realizing that coaching was not the best fit for him anymore so he went on and took another job as a cold caller in a stock brokerage company. He quickly realized that being in the stock brokerage game didn’t bring much fulfillment. He also quickly realized that the products he was selling - he wouldn't sell to a family member. Unlike the investments that he does in multifamily today.
Join us today as he shares value with the community and describes his transition dating back to trying to flip homes back home to coaching soccer, to working on wall street to finally making it to fulfilling the position as the asset manager that he is today.
FOUNDATION
02:10 Background of the guest - Chris Grenzig
12:14 Finding somebody who’s already doing it, and doing it successfully
17:58 Difference between learning theoretically from boots on the ground
21:12 Transitioning from 8 units to bigger units - Cap Rate
25:02 What makes something a good asset
28:19 Discount factors
32:31 What is an asset manager
37:10 Different roles of an asset manager
39:50 Relationships between GP, asset manager and syndicator when raising capital
45:47 Experiencing different things in a company
49:40 Exit strategy for business plan
KEEPING IT REAL
57:45 Biggest misconception that most people have
1:01:37 Worst advice received
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
1:06:44 Favorite thing to do - Underwriting a new deal
1:07:21 Best Habit - writing things down as reminder
1:07:45 Best tool - monday.com
1:08:17 Favorite influencer - Garyvee
1:08:50 One 300 unit apartment vs 3 apartments of a 100 units - 3 apartments 100 units
1:10:39 Class A or Class C - Class C
1:10:59 Self managed or Outsource - self managed
1:12:05 One super power
1:14:24 Describe a successful investor
NOTABLE QUOTES (KEY LESSONS):
“If you’re somebody that’s doing it at least moderately well, it's better than not knowing what we’re doing at all.”
“Make the mistake, learn why it’s a mistake, and then do your best not to replicate them again.”
“ What we are really dealing with is basic Math, adding, subtracting, dividing and multiplying, but it's about getting the right information and plugging the information into areas that make sense.”
“Real Estate in general is a long game, it’s a game that also takes money”
CONNECTING WITH THE GUESTWebsite: www.tororep.com
Podcast: www.thereiexp.com/podcast
Facebook | Instagram | YouTube | LinkedIn
ExperimentAssestManager
GUEST BIO
Tony Whatley steps into the lab as a true practitioner. He not only took a passion for his (cars) and turned it into a multi-million dollar business but he did all this all while having a full time corporate career in the oil/gas industry.
He is best known as Co-Founder of LS1Tech, an online automotive community which grew into the largest of its kind, with over 300,000 registered members. This business sold for millions in only five years after starting. Amazingly; it was just his part-time business!
He also wrote a book called the “Side Hustle Millionaire” which is what led him into being featured in the lab today. In the book he talks about mindsets, strategies and necessary steps that helped him create a side hustle business that allowed him to earn more in less amount of time. Money, Mindset, Marketing and Branding are major key takeaways from the book that Ruben & Tony dive into further in this episode.
FOUNDATION
01:42 Background of the guest - Tony Whatley
08:22 What does it take to become an entrepreneur?
12:04 Overcoming your weaknesses
15:30 How should tackle a problem as an entrepreneur
21:02 Getting to the end goal
KEEPING IT REAL
27:10 Solving a problem
31:47 Thoughts about niches
35:06 Incorporating brand in the business
41:25 Doing Due Diligence
47:28 Staircase business
58:34 Starting your Side Hustles at home
1:03:39 Having side business while still working in a company
1:07:48 Right time to pivot
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
1:12:20 Favorite book - How to win friends and Influence people by Dale Carnegie
1:13:04 Best Habit - Consistency
1:14:14 One super power as a business owner - verbal communication skills
BOOKS MENTIONED IN THIS SHOW
How to win friends and Influence people by Dale Carnegie
NOTABLE QUOTES (KEY LESSONS):
“You don’t really learn anything when you never fail.”
“Opportunity comes around because your brain is turned on to some kind of a challenge that you’re trying to solve.”
“You better have time if you don’t have money.”
“As soon as you say no, the world tells you no.”
CONNECTING WITH THE GUESTWebsite: www.365driven.com
Facebook | Instagram | YouTube | LinkedIn
ExperimentEntrepreneur #ExperimentSideHustle
GUEST BIO
Phil M. Jones is a serial entrepreneur, big time business growth expert and known as the best selling author of Exactly What to Say, Exactly How to Sell, and Exactly Where to Start. His first business, car washing business started when he was at the age of 14 and received the award as “British Excellence in Sales and Marketing”.
His early career went on and on and after years of being one of the most in-demand young sales leaders in the UK, he decided to dedicate his future in helping other people to succeed by taking everything he had learned and created a one-day workshop and trained over 2,500 people all about leadership, sales and business growth.
Phil’s unique wisdom of using certain word choices in teaching his audiences on exactly what to say to impact other people and drive outcomes, made him one of the most practical and in-demand business speakers in the industry.
As Phil steps into the lab today, grab your notepad & pen for some significant lessons on exactly what you should be saying to have a major IMPACT & INFLUENCE outside of the lab.
FOUNDATION
02:15 What gets Phil M Jones up in the morning?
05:29 Know more about Phil M Jones
06:31 How to have a constructive conversation
11:55 What you should be asking
15:26 How to start implementing Phil M Jones theories
18:49 How often Phil experience someone reaching out to him using his magic words
20:44 Be conversational in all mediums
KEEPING IT REAL
22:52 Favorite conversational line
25:11 Turning “Maybe” into “Yes”
29:47 Knowing your worth
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
33:20 Favorite book - How to win friends and Influence people by Dale Carnegie
33:29 Best Habit - Genuinely see things in somebody else’s point of view before making my mind
33:44 Best tool - iPhone | built in telephone application
34:27 One super power as a business owner - the ability to be able to see the future
BOOKS MENTIONED IN THIS SHOW
How to win friends and Influence people by Dale Carnegie
NOTABLE QUOTES (KEY LESSONS):
“Content without context is noise”
CONNECTING WITH THE GUESTWebsite: https://www.philmjones.com/
Instagram | Facebook | YouTube | LinkedIn
ExperimentPublicSpeaking #PublicSpeaking #MagicWords
GUEST BIO
Brett Swarts is the CEO of Capital Gains Tax Solutions. He has helped and provided numerous investors with the Deferred Sales Trust. It is a tool to help investors solve capital gains tax deferral limitations.
Brett has encountered numerous experiences which includes Deferred Sales Trust, Delaware Statute Trust, 1031 exchanges while executing more than $85 million in commercial real estate brokerage transactions. As an active commercial real estate broker and investor, he holds series 22 and 63 licenses and also has experience in Multifamily, Senior Housing, Retail, Medical Office and Mixed-Use properties. He is an associate at the largest Commercial Real Estate Brokerage firm in the country and became knowledgeable in his field through hands-on training from the best in the business. Brett is known as the one of the most well-rounded capital gains tax deferral experts and informative speakers and he is passionate in educating his community about how to divest from a business or real estate and gain freedom from feeling hostage to the well known 1031 exchange and then invest back into and back out of real estate at any time.
Brett steps into the lab and provides some valuable lessons to the community as the subject matter expert in this field.
THE REAL ESTATE FOUNDATION
02:29 Guest Background - Who is Brett Swarts?
06:07 Restriction for the 1031 exchange
11:32 When to seek for an advice regarding DST
14:22 What is DST?
17:51 Working with your business and at the same time with clients
KEEPING IT REAL
21:04 How monetization works in this kind of business
25:58 Biggest misconception regarding protecting capital gains
30:11 Can this be applied to those who are raising capital and has limited partners involved?
31:13 What is a Seamless Partnership Operation?
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
34:50 Favorite book - The Seasons of Life by Jim Rohn
36:06 Best Habit - The Miracle Morning | Exercise | Reading the Bible | Meditate
37:23 Best tool - Asana and Loom
38:34 One 300 hundred unit vs three 100 units - three 100 units
39:32 Commercial or Retail Asset
40:45 Cash Flow or Equity - Cash Flow
41:15 Self Managed or Outsource - Outsource
42:15 One super power in real estate - the ability to encourage and lead others
42:54 Describe a successful investor - Resolved
INSIDER SECRETS
44:14 Thoughts of what we are currently facing right now
BOOKS MENTIONED IN THIS SHOW
Rich Dad Poor Dad by Robert Kiyosaki
The Miracle Morning by Hal Elrod
The Seasons of Life by Jim Rohn
NOTABLE QUOTES (KEY LESSONS):
“It’s hiring the who and not being the how”
“Prepare yourself as much as you can, count your blessings where you can, and try to get on anyway you can socialize and connect with people online”
CONNECTING WITH THE GUESTWebsite capitalgaintaxsolution.com
YouTube | LinkedIn | Facebook | Instagram
ExperimentDST #DST
GUEST BIO
Darin Batchelder is the President and founder of TZK Capital - a driven company that focuses on the efficient brokering of financial institution loan portfolios. He has immeasurable experience in developing and managing complicated sales transactions and establishing long term relationships is his priority. Before TZK Capital, Batchelder was responsible for the sale of residential and multifamily whole loan pools for ABN AMRO Mortgage Capital Markets Group and was involved in over $4 billion in loan portfolio transactions. As a certified Public Accountant, he began his career with Price Waterhouse and PepsiCo where he was in charge of providing senior executives with business improvement recommendations. He then moved into the sales field working for Computer Associates and eCredit.com, providing finance executives with financial credit underwriting software solutions and helping customers in increasing their sales and improving their processes. Today Darin joins us as a multifamily syndicator having worn multiple hats: from passive investor (limited partner), to key principle, to minority gp, to an asset manager to lead sponsor. Join us in the lab for a deep dive on the lessons from each phase while still being an active business owner to this day.
THE REAL ESTATE FOUNDATION
01:48 Guest Background - Who is Darin Batchelder?
04:15 Reason for turning into Real Estate
10:05 Hardest part of starting your own company
12:44 The process of trading loans between two banks
17:28 Transitioning into Real Estate
21:24 Value of being an Active Investor
26:38 How does a Structured Deal look like?
KEEPING IT REAL
34:53 Best way to learn and partner with people
44:18 Best learning experience
49:00 Best Advice - “I wish I had done it 20 years ago”
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
54:24 Favorite book - Tools of Titans by Tim Ferriss
56:27 Best Habit - Reading the Bible
56:55 Best tool - having the mindset of getting successful
58:32 One 300 hundred unit vs three 100 units - three 100 units
59:59 Cash flow or Equity - Cash Flow
1:01:01 Self Managed or Outsource - Outsource
1:10:12 Importance of Social Media
BOOKS MENTIONED IN THIS SHOW
Tools of Titans by Tim Ferriss
NOTABLE QUOTES (KEY LESSONS):
When I talk to young people that are looking to get into large multifamily space, I say to them ‘I wish I had done it 20 years ago, I wish I had done it when I was younger’.. “It is much harder to do business when you have no capital, and no reputation and no experience, it’s like you’re raising capital millions of dollars.”
CONNECTING WITH THE GUEST
Instagram | Facebook | LinkedIn @batchelderdarin www.tzkcapital.com
ExperimentWholeLoanSales #ExperimentSyndicator #Syndicator #WholeLoanSales
GUEST BIO
Douglass Lodmell is an asset protection attorney that creates legal structures that help investors separate or protect their assets from their creditors. He is an expert in estate planning, taxation and strategic asset protection for domestic and international clients. He’s been protecting over $4 billion worth of assets from his clients. He is the owner of the Bridge Trust ™ asset protection concept which bridges the features of the Foreign Asset Protection Trust.
Join us today as he steps into the lab and provides value to the community about how important an asset protection is and why one should seek one as early as they can.
THE REAL ESTATE FOUNDATION
00:52 Guest Background - Who is Douglass Lodmell?
03:43 Protecting over $4 billions dollars worth of assets
04:51 Attorney Client Privilege
07:13 When to seek for an asset protection attorney
12:49 What is a Trust? Difference with Self Settled Spendthrift Trust.
19:46 What is a Bridge Trust?
25:05 Advantages of having a Holding company
KEEPING IT REAL
27:10 Biggest misconception - a revocable living trust can protect their someone’s assets
28:26 Biggest mistake ever seen- building their assets in their personal name
30:51 Best Advice - do it! Start!
35:33 Mentor that has been a huge impact to Douglass - Dan Sullivan
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
41:22 Favorite book - A Course and Miracles by Dr. Helen Schucman
41:34 Best Habit - Meditation
41:41 Best tool - making everything as efficient as possible
42:26 Cash flow vs Equity - Cash
43:00 Superpower in the field - to be able to communicate
BOOKS MENTIONED IN THIS SHOW
A Course and Miracles by Dr. Helen Schucman
NOTABLE QUOTES (KEY LESSONS):
“Once you get into a routine of how things get done, you do it the same.”
“Whatever you think you can do or dream you can do, do it. There’s magic in beginning something and not being afraid.”
“Make your competitors your biggest asset.”
“If you want to be successful, help someone be successful.”
“If you're going to do anything, do it well.”
CONNECTING WITH THE GUESTPhone: 800 231 7112
Email: doug@lodmell.com
Website: www.lodmell.com
Facebook, YouTube, LinkedIn
ExperimentAssestProtection #AssestProtection #RealEstate
GUEST BIO
Tyler Hall was able to build a multi-million dollar empire in the span of two years coming from humble beginnings and significant challenges but always seeked to get more out of what he saw in his surroundings coming from a small town out of Maine. Tyler has had any job that you can think of when it comes to making money but most importantly he talks about the burden that he had to overcome mentally. He didn’t come from an environment of investing but rather saving.
After doing his research on the history that real estate meant from a wealth building perspective, Tyler “Flipped TheSwitch” and took control of his financial situation and completely doubled down on real estate.
He believes that there is no other way to attain financial freedom, rather than knowing your personal goals and paving a unique path to achieving them. Join us today as Tyler steps into the lab and also very openly shares his difficulties that make his marathon that much more meaningful. Plenty more coming from this stud, stay tuned and ‘flip the switch’, it’s contagious.
THE REAL ESTATE FOUNDATION
01:29 Guest Background - Who is Tyler Hall?
05:59 Decided to start up his own company because he couldn’t accept the job offer.
11:39 Why did he choose real estate?
16:30 First real estate deal experience
27:19 Bought the first property through conventional loan
29:30 Hoarding money doesn’t produce Cash Flow
34:25 Do you need money to actually invest in property?
39:38 Tyler’s own interpretation of Leverage
KEEPING IT REAL
47:33 Biggest misconception people faces in opportunities - Fake fear
56:31 Best advice- If you can do it now, do it.
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
1:01:25 Favorite book - Rich Dad Poor Dad by Robert Kiyosaki and The Secret
1:02:17 Best Habit - Flip the switch
1:04:50 Best tool - cellphone, Trello
1:06:46 One 300 apartment vs 3 apartments of a 100 units - One 300 apartment building
1:08:58 Class A or Class B - Depends on Cash Flow
1:08:04 Cash flow vs Equity - Cash Flow
1:09:45 Self managed or Outsourced - self managed
1:12:15 Superpower in Real Estate - provide people most value
1:13:53 Describe a successful investor - Freedom
1:19:12 Importance of Social Media
BOOKS MENTIONED IN THIS SHOW
Rich Dad Poor Dad by Robert Kiyosaki
The Secret by Rhonda Byrne
The Bible
NOTABLE QUOTES (KEY LESSONS):
“Try to be a good human being and provide value to as many people as you can.”
“Your brain is designed to keep you safe and to keep you comfortable”
“If you don’t build yourself right now, the older self of you is not gonna be able to take care of it either”
CONNECTING WITH THE GUESTInstagram | LinkedIn
www.motivatemaine.com
ExperimentSerialOpportunist #SerialOpportunist #RealEstate
GUEST BIO
Bruce Wuollet grew up in a family bakery business in Minnesota. Over the next 16 years he worked in all areas of the business from baking to cake decorating to sales to deliveries which gave him a unique perspective of business. Early on he was able to identify and learn the importance of building systems along with relationships in everyday operations.
Dating back to 2001, He gained his knowledge in real estate working in tax liens foreclosures. As an opportunist, he then pursued vacant homes that were not in tax lien foreclosures. He was able to have three investment homes, a duplex and a triplex by the summer of 2002. In the same year, he partnered with Jack Martin, another son of a baker and together they formed Bakerson, LLC.
Today, Bruce specializes in multifamily apartments, which he refers to as the business of Togetherment, as opposed to “apart.” He values the communities that he brings together over everything and takes full pride in what he and his partner have built both—ironically—as sons of bakers. Together they are making more than just dough—their portfolio shows just that, under Bakerson, LLC.
THE REAL ESTATE FOUNDATION
01:21 Guest Background
08:00 What strategy Bruce Wuollet focused?
12:21 How to deal with opportunities?
15:45 Evaluating the highs and lows of the business
20:30 Dealing uncertainties events that affects the economic - extended spring break
30:48 Finding a potential property
39:30 The gap between Class A and Class B
KEEPING IT REAL
43:13 Keeping the lighthouse lit - always make an offer and talk to investors about opportunities
44:00 Onyx App - hunting app that tells who the owners are
45:24 Agile CRM - deals specific for raising capital
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
49:19 Favorite book - Relentless by Tim S. Grover
49:25 Best Habit - Listening to positive mind people with morning coffee
49:39 Best tool - standing desk
50:02 One 300 apartment vs 3 apartments of a 100 units - three 100 unit buildings
50:23 Class A or Class C - Class C
50:35 Cash flow vs Equity - Cash Flow
50:44 Self managed or Outsourced - Outsource
50:53 Superpower in Real Estate - getting other investors to treat the residents with dignity
51:12 Describe a successful investor - Intensity
BOOKS MENTIONED IN THIS SHOW
Rich Dad Poor Dad by Robert Kiyosaki
Relentless by Tim S. Grover
NOTABLE QUOTES (KEY LESSONS):
“If you do what others won’t, you will get what others can’t.”
“Keep the lighthouse lit so that people knows we’re out there”
CONNECTING WITH THE GUESTPhone number : 520 808 9111
Website : Bakerson.com
Email : bruce@bakerson.com
Facebook, LinkedIn
ExperimentMultifamily #Multifamily #RealEstate
GUEST BIO
Today we have two special guests in the lab, Candice Payne and Carlos Callahan. As partners they are serial entrepreneurs who have added so much value to the community collectively while building well over 14 businesses which includes a spa that Candice is very passionate about.
Prior to their success, both of them have had two very different paths that have led them to being a jack of all trades when it comes to execution under the large real estate umbrella. This includes buy and hold investing, AIRBNB, wholesaling, multifamily investing, flipping and essentially whatever it takes to solve a problem. Candice Payne is also well known from her interview on Ellen as she discussed sparking a movement that provided hundreds of hotel rooms for the homeless during the dangerous polar vortex that occurred in Chicago back in 2019.
Join us today in the lab as they both add value to the community and share their incredible insights with their broad experience and many experiments in the real estate space.
THE REAL ESTATE FOUNDATION
01:25 Guest Background
03:07 How they start as entrepreneurs
07:45 Candice bought her first 6 unit at 19 years old
08:17 Went bankrupt for almost $600k
11:07 Importance of real estate education
14:44 How to evaluate AirBnB deal
19:47 Managing the booking, cleaner and facilities of AirBnB
KEEPING IT REAL
27:00 Helping homeless people during the polar vortex happened in Chicago
29:52 How important is social media in the business and personal life
32:57 Best system - delegating tasks to the team members
BOOKS MENTIONED IN THIS SHOW
None
NOTABLE QUOTES (KEY LESSONS):
“There’s so many different doors for real estate, so people need to figure out what part of real estate they want to get in and know what they want to accomplish so that they’ll know which road to take”
CONNECTING WITH THE GUESTCandice Payne: Facebook, LinkedIn, Instagram
Carlos Callahan: Facebook, Instagram
YouTube channel: bullet proof business
www.candicesellschicago.com
www.actionforacausenow.org
This episode is brought to you by our sponsor Guesty.com which is a property management software that Ruben and his team use as short term rental Superhosts to manage and streamline all communication with their guests and team to make it a memorable stay for each guest that books their property. Use our private unique link here https://hosts.guesty.com/?r=therealestateexperiment to let Guesty know we sent you!
ExperimentAirBnb #AirBnb
GUEST BIO
Mauricio Rauld is the founder and CEO of Premier Law group, a firm that specializes in educating investors and representing them from legal matters relating to Asset Protection.
He is known across the nation as an asset protection attorney, operation strategist and contributes as the legal advisor to The Real Estate Guys™ Radio show and is Robert Helms’ personal advisor. He is devoted to what he does not only delivering exceptional service to his clients but also aims his best to educate and help them become knowledgeable investors.
Join us today in the lab as he shares his remarkable journey in the real estate syndication space.
THE REAL ESTATE FOUNDATION
01:14 Guest Background - Who is Mauricio Rauld? What does he do for a living?
02:30 Who is he representing? -LLC
08:20 Syndication Vs Asset Protection
11:23 Main difference between 506 b and 506 c
KEEPING IT REAL
17:56 First thing that an investor should do - Finding your investors before you start looking for deals
23:36 Preparing a business plan - Doing several drafts until the business plan is locked
26:29 Drawing line between guidance vs support
28:05 Some things that LP should be looking from the GP’s offering - Due diligence on the sponsor themselves
30:35 Biggest misconception people have about raising capital - It's easy!
35:04 Biggest mistake syndicators make - not realizing what they’re doing in selling securities
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
39:28 Favorite book - Rich Dad, Poor Dad by Robert Kiyosaki |
Traction by Gino Wickman | The E Myth for Attorney by Michael E. Gerber
39:51 Best Habit - Adding value to syndication community
40:08 Best Tool - Computer | Internet
40:58 One 300 apartment vs 3 apartments of a 100 units - depends on the location
41:30 Class A or Class B - Class A
41:35 Cashflow or Equity - Both
41:47 Self Managed or Outsourced - Outsource
41:58 Superpower in the Business - The ability to take complex securities matters and make them easy to understand
42:26 Describe a successful investor in one work - Knowledgeable
BOOKS MENTIONED IN THIS SHOW
Rich Dad, Poor Dad by Robert Kiyosaki
Traction by Gino Wickman
The E Myth for Attorney by Michael E. Gerber
NOTABLE QUOTES (KEY LESSONS):
“If you go to a restaurant, ask the chef ‘What’s the one thing that everybody orders that you guys are known for? And what’s the one thing that nobody orders but they should?’ ”
CONNECTING WITH THE GUESTYouTube, LinkedIn, Facebook,
Coming Soon E-book: The Five Things Every Syndicator Must know To Stay Out of Jail
Website: www.premierlawgroup.net
Email: team@premierelawgroup.net
ExperimentSyndication #Syndication #ExperimentAssestProtection
GUEST BIO
Alina Trigub is the founder and managing partner of Samo Financial, a private company that helps people build wealth via passive real estate investing while preserving capital, generating residual income and savings on taxes.
Prior to her growing portfolio, Alina worked for a private company after she got her degree in accounting. As an inspiring investor from new jersey, she sought out investing opportunities which deemed to be more interesting out of state. This led to her seeking more education on investing opportunities out of state as a limited partner before she went out on her own.
Alina combines this with her corporate experience today as a scrum master. She continues to be a student of the game and practitioner respectfully, applying the same principles she used to start out as a limited partner to becoming a managing partner.
Join us in the lab as she shares some insights of her phenomenal journey in the multifamily real estate space.
THE REAL ESTATE FOUNDATION
01:10 Guest Background - Who is Alina Trigub?
04:04 Started as an Equity Partner in Real Estate
KEEPING IT REAL
04:18 What is Syndication? Difference between LP vs GP
11:35 Getting access to the information for the business operation
14:18 Bridging the gap between theoretical to the practical - From an experienced operator
17:55 Adding value to the people
22:25 The importance of Meet-ups
25:56 Best lesson - Networking is the number one
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
29:54 Favorite book - The Miracle Morning by Hal Elrod
30:00 Best Habit - Getting up early
30:13 Best Tool - Iphone
30:20 One 300 apartment vs 3 apartments of a 100 units - one 300 apartment
30:55 Class A or Class B - Class B
31:07 Cashflow or Equity - Both
31:10 Self Managed or Outsourced - Outsource
31:16 Superpower in Real Estate - Helping million of other people
31:32 Describe a successful investor in one work - Professionalism
BOOKS MENTIONED IN THIS SHOW
The Miracle Morning by Hal Elrod
NOTABLE QUOTES (KEY LESSONS):
“For someone who wants to be active in the syndication space, networking is number one. It’s very important to build relationships with the right partners.”
CONNECTING WITH THE GUESTInstagram, LinkedIn, Facebook, Biggerpockets
Website: www.samofinancial.com
ExperimentLimitedPartner
GUEST BIOCouldn't be more fitting during this black history month Jay Morrison a thought leader and activist for our community - joins us in the lab delivering gems about the importance of serving our community regardless of your level. Elevating by being more and doing more as you grow.
Jay Morrison is the founder of the first black owned real estate fund Tulsa Real Estate Fund (TREF - https://lnkd.in/g28W9r2 ) raising $9.6 million in its first week. Tulsa Real Estate fund was named after Tulsa, Oklahoma’s Black Wall Street one of the most prominent concentrations of African-American businesses in the United States during the early 20th century, it was popularly known as America's "Black Wall Street" until the Tulsa race riot of 1921 which lead to the massacre and destruction of these black owned businesses....let’s #REbuild
THE REAL ESTATE FOUNDATION
00:41 Guest Background - Who is Jay Morrison?
04:24 How he started in Real Estate
08:07 Understanding social responsibility
KEEPING IT REAL
11:45 How to harness our economic power? - as a micro solution, Trust
13:01 Advice you that can give to someone new to the business - Be proud of your gifts
14:43 Next step - Assessment to our financial journey
15:05 www.legacycenter.com - for fair assessment
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
16:03 Favorite book - University of Success by Og Mandino
16:47 Best tool - His wife, helps him with all the stuff
17:13 One 300 apartment vs 3 apartments of a 100 units - Depends on the CAP rate and Cash Flow
17:28 Class A or Class C - Class C plus
17:56 Superpower in Real Estate - Web developer, designer specialist
BOOKS MENTIONED IN THIS SHOW
University of Success - Og Mandino
NOTABLE QUOTES (KEY LESSONS):
“If you don’t like the condition of our people, if you don’t like the problem, if you don’t like poverty, if you don’t like the curriculum or any of that, then do something about it”
“Our social responsibility is to serve our community to the fullest of our capacity”
CONNECTING WITH THE GUESTInstagram, LinkedIn, Facebook, YouTube, Twitter
Website:
www.legacycenter.com
www.jaymorrisonacademy.com
www.mrjaymorrison.com
www.tulsarealestatefund.com
GUEST BIO
Gino Barbaro is the co founder of Jake and Gino LLC, one of the two duos who started their investing journey with their first 24 units. Gino started off as a restaurant owner for 25 years but that did not stop him from experimenting into the real estate space to grow their portfolio to more than 1600 units of multifamily apartments.
Gino did not stop there, he went along and built an educational company with his partner Jake under the well known Jake & Gino umbrella. Gino is a certified professional coach and he believes that when doing business, what matters to him more is the service and fulfillment he can provide to his clients rather than the returns he could possibly acquire from them. Gino sheds key insights on personal development, partnerships which he’s executed thoroughly as the partner of a well respected real estate brand as Jake & Gino.
THE REAL ESTATE FOUNDATION
01:55 Guest Background
04:41 How Jake and Gino met
07:12 Find the right business partner for you
12:37 Skill sets vs Core Values
KEEPING IT REAL
16:19 Educate yourselves collectively as partners or find another partner that can fill the gap of what it means to invest as part of the process
20:46 Biggest misconception - Money, Internet
25:48 Best advice you’ve ever received
30:36 What is financial freedom?
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
32:27 Favorite book - The Go-Giver by Bob Burg | The Richest Man in Babylon - George S. Clason | Think and Grow Rich - Napoleon Hill
35:13 BestDaily habits - Finding my pain point and move away from pain, Work really hard
37:05 Best tool - Taking notes - Sticky notes, tricking your sub conscience
38:32 One 300 apartment vs 3 apartments of a 100 units - one 300 apartment
38:52 Cash Flow or Equity - Both
39:36 Self Managed or Outsource - Self managing
40:13 Superpower in Real Estate - Finding more deals
BOOKS MENTIONED IN THIS SHOW
Big Shifts Ahead - Chris Porter
The Go-Giver by Bob Burg
The Richest Man in Babylon - George S. Clason
Think and Grow Rich - Napoleon Hill
The Honey Bee - Jake Stenziano & Gino Barbaro
NOTABLE QUOTES (KEY LESSONS):
“Most people who aren’t successful don’t take responsibility”
“Think big but start small”
“Revenue is vanity, Profit Margin is sanity and Cash is King”
“Fall in love with your actions, don’t fall in love with the results”
CONNECTING WITH THE GUESTInstagram, LinkedIn, Facebook, YouTube
Website: www.jakeandgino.com
ExperimentMultifamily #Experiment
GUEST BIO
Eric Braun started in the industry as a telemarketer doing cold calling in the first two years until he was able to get his license as a mortgage broker. His determination, how he helped and treated his clients made him grow his business to where he is today. Eric is not average in the value that he gives his clients who are Predominantly first time home buyers. With this however comes a lot of hand holding and Eric goes above and beyond when it comes to serving his clients. How he does one thing is how he does everything - in addition to being nominated the forty most influential mortgage lender under 40 - Eric joined us in the lab and went above and beyond in defining lending concepts that will shed a ton of light to our community. Tune in to key insights from not your average lender. Let’s build.
THE REAL ESTATE FOUNDATION
01:32 Guest Background
05:43 Common misconceptions
11:53 Thoughts about Credit Repair
15:54 Get Conventional Loan without paying mortgage insurance
19:40 What is Refinancing?
23:24 How early can they avail Refinance?
KEEPING IT REAL
26:51 Mortgage Insurance
28:32 How FHA loan is calculated
34:00 Benefit of Conventional PMI
38:19 Two conventional entities - Fannie Mae and Freddie Mac
44:20 Seller’s concession
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
46:25 Favorite book - Think and Grow Rich, Bible - Book of James
47:03 BestDaily habits - Work
48:18 Best tool - Salesforce CRM
48:45 Super Power - To teleport
49:51 Describe a successful lender - efficient ,transparent and good with communication
BOOKS MENTIONED IN THIS SHOW
Think and Grow Rich - Napoleon Hill
NOTABLE QUOTES (KEY LESSONS):
“Use social media to take those online relationships offline and add value to it in any way”
CONNECTING WITH THE GUEST
Instagram, LinkedIn,
Website: www.contourmortgage.com
Cell Number: 516-265-4244
ExperimentLender #ExperimentLoans
GUEST BIO
After graduating from college having studied real estate and finance, AJ expanded beyond the theory and learned his majority of real estate by acting on the knowledge he had built majorly from biggerpockets. He bought his first quad in Dallas Texas and today his portfolio today has grown to over 180 plus units. AJ’s portfolio is mainly compiled of residential real estate which we less often see in the lab. AJ has an interesting twist on his beliefs of residential versus multifamily investing which is a breath of fresh air here in the lab. Find out more as to why this may be...🧱
THE REAL ESTATE FOUNDATION
01:49 Guest Background
08:10 How the business started
10:50 Money - tool that you should know how to use
12:08 Hard Money vs Conventional Loans
13:45 Leveraging Hard Money
16:49 Get out of the Hard Money loan
KEEPING IT REAL
18:06 Saving 40% of your own money
28:12 Pros and cons for Multifamily and Single Family
37:07 Advice for the community
38:28 Biggest misconception that people have in their life?
40:56 Best advice received from experience
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
42:48 Favorite book - none
45:37 BestDaily habits - the habit of executing “Just do it”
47:17 One 300 unit apartment vs 3 apartments of 100 units - one 300 unit apartment
BOOKS MENTIONED IN THIS SHOW
None
NOTABLE QUOTES (KEY LESSONS):
“If you’re a dedicated investor and started young enough, you still got the chance to make huge fortune”
CONNECTING WITH THE GUEST
Instagram, Facebook,
Website: www.proxypropertymgmt.com
ExperimentLoans #ExperimentMultiFamily
GUEST BIO
Steve Pollack is the President and Chief Executive Officer of Anchor Loans, the nation’s premiere fix and flip lender providing more than $7.7 billion of capital to investors.
Steve’s core values stem from building relationships bigger than lending; their goal is to build long term partnerships and they’ve done just that. Over 85% of their customers are repeat borrowers because of their speed, efficiency, expertise, flexibility and customer service that comes with investing with Anchor financing.
THE REAL ESTATE FOUNDATION
01:39 Guest Background
05:07 How Anchor Loans started?
06:37 What offers do you have to the investors?
10:27 Qualifications to be a part of Loan Anchor
13:44 Managing the downsides of the Business
17:42 Understanding Construction Loan
21:34 Construction Loan process
23:03 How Anchor Loans operates
KEEPING IT REAL
25:26 Biggest misconception about investors have, when working with lenders?
26:30 Biggest mistakes investors make in real estate
27:48 Best advice received and willing to share to the community
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
29:32 Favorite book - Man Search for Meaning by Viktor Frankl
30:08 Daily habits that serves best -Time Management
31:45 One 300 unit apartment building or 3 apartments of 100 units - 3 apartments of 100 units
32:32 Self Manage or Outsource - Outsource
32:56 If you have one superpower in your business, what would it be? - Time Travel
33:59 Describe a successful investor in one word - Discipline
BOOKS MENTIONED IN THIS SHOW
Man Search for Meaning by Viktor Frankl
NOTABLE QUOTES (KEY LESSONS):
“Believe in Yourself”
Connecting with The Guest
Instagram, Facebook, LinkedIn , Twitter
Website: anchorloans.com
ExperimentLoans #ExperimentAnchorLoans
GUEST BIO
Will Roundtree has established himself as a staple in the real-estate investment sector. As the Founder and top-grossing Principal at WE Management, Roundtree has helped over 1500 small to medium sized businesses get access to over 300 million dollars in funding during a two year period. Will is also a published author and is notably known for helping his community better their credit score as a credit strategist and financial advisor.
THE REAL ESTATE FOUNDATION
01:40 Personal Background
05:28 Started a Business in Educating People on Credit
08:10 Understanding the Power of Credit
11:50 What Makes Up a Credit Score
14:04 The Next Largest Component: Credit Usage!
18:20 Why Set Up Automatic Payment
20:36 “What Would Will Do” Section: What else to Take into Account?
23:04 A Good Tactical Insight for Credit Limit
24:28 Don’t be Afraid to Ask for Money (Bank)
27:40 Paying off Credit card? Or Saving Cash/Down Payment?
31:30 Be as Liquid as Possible
KEEPING IT REAL
36:32 Myth-Buster: What is the Biggest Misconception about Credit that is out there?
38:16 If Credit is Bad. It’s not the End of the World!
40:43 Thoughts on Debt Consolidation
44:05 Invest on Business or Pay off Credit cards for Future benefits?
46:40 One thing to look at, at another Company
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
49:12 100k cash and 500 credit score or 50k cash and 700 credit score? - 50k cash and 700 credit score
49:33 Pay $300 a month or Pay $10 a day everyday on a revolving credit? - Depending how Cheap the money is.
49:46 Refinance or Heloc? - I like Helocs
50:05 One 300 unit apartment building or 3 apartments of 100 units - I’m doing both.
51:54 Best tool that serves you everyday? - My mind.
52:23 The best habit that serves you everyday? - Discipline
53:05 If you had one super power in your business, what would it be?- To put everybody in position.
53:32 Describe a successful business owner in one word. - A Visionary
BOOKS MENTIONED IN THIS SHOW
How to win friends and influence people by Dale Carnegie
Credit is King: Transforming Your Credit to Reality by Will Roundtree
Don’t Gamble With Your Credit Worthiness
NOTABLE QUOTES (KEY LESSONS):
“In Business you have to have a certain mindset, to get through life you need to have a certain mindset”
Connecting with The Guest
Instagram, Facebook, LinkedIn, YouTube
Website: wemanagementinc.com | www.willroundtree.com
ExperimentCredit
GUEST BIO
Christopher " Chris" Salerno joins us in the lab as a multifamily investor, founder of QC capital and the host of the “Mindful Multi-family Podcast.” Chris steps into the lab with a unique background in sales and operations as a top selling agent based out of the Charlotte market, where he transacted more than $40 million in real Estate volume and helped the #1 real estate team in the Carolinas produces more than $140 million in sales. He took both the sales and team operations skills to the Multifamily apartments stratosphere where he fully committed himself as an investor with his partners specializing in class B and C properties.
THE REAL ESTATE FOUNDATION
02:15 Personal Background
04:00 Background story in Real Estate path
05:50 Transitioning to Real estate
09:05 First Deal and Residential
10:00 Wholesaling and Flip (leveraging good credit)
10:40 Building Wealth on a Monthly Basis that will Keep Growing - Starting MultiFamily
10:45 Studied Grant Cardone's PPM
11:45 The "Sales" Story - "Everyone is in Sales of some sort." It's all about building a connection and a good relationship.
17:55 Triple F (Finding, Funding and Flourishing)
21:10 Analysing Deals
25:40 Residential Buyers VS Sellers Market
28:00 Job Growth (What is a good job growth?)
29:30 What's a Strong Job?
31:40 How to create a good relationship with the Brokers for the long run (Add value to them and build strong relationships)
KEEPING IT REAL
34:05 The Biggest Misconception (in Business and in Life)
37:30 What's the best advice you've ever received?
40:00 Worst Advice ever received?
42:00 What would you advise people (family) who doesn't see it?
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:
47:08 Favourite book - Mistakes Millionaires Make
48:40 Best tool that helps you excel throughout the day - My mindset
49:05 One 300 unit apartment building or 3 apartments of 100 units - 3 buildings of 100 units
50:13 Self Manage or Outsource - Outsourcing Management
BOOKS MENTIONED IN THIS SHOW
Grant Cardone's PPM(scc.gov)
Mistakes Millionaires Make by Harry Clark
The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime!
by M. J. DeMarco
NOTABLE QUOTES (KEY LESSONS):
“The way to build wealth in real estate is to play the game monopoly”
“Just always keep pushing. Never give up because it is a long journey.”
Connecting with The Guest
Facebook, LinkedIn, Instagram, YouTube
Website: qccapitalGroup.com
ExperimentMultiFamily
In this episode I sit in the lab and reflect on lessons from 2019 being carried over into 2020. There are five pillars that have shaped up and come to light starting back in 2017. This past year was only a continuation of solidifying pillar 2&3 in the lab. Have a listen to see my elaborated thoughts on each and how I plan on working on pillar 4 and 5 with you all. Thank you experiment nation. Pillar (1) EXPERIMENT (2) CLARITY (3) SYMBIOTIC (4) COMPOUND (5) ATOMIC HABITS.
GUEST BIO:
Principal and Managing Partner. Jamie is responsible for sourcing deals, ensuring asset performance and overseeing its management.
Jamie is an experienced real estate investor and insurance executive currently residing in southeastern Michigan.
A native of New York and former resident of Boston, Jamie has invested in both states and currently owns five units in New York State. He has experience with rehab, renovation and property management. Jamie is turning his attention to the Michigan multifamily market and sees an opportunity to provide clean affordable housing to local residents.
Jamie is married to Silvia since 2010 and is the proud father of two boys - Sebastian and Julian.
Jamie is also the host of the Multifamily And More Podcast.
THE REAL ESTATE FOUNDATION
5:16 Who is Jamie and Background story in Real Estate path
7:13 Start up in Real Estate - Multifamily
11:11 How do you do it? (Balancing stuff)
13:17 The Process and Timeline (Quantity over Quality)
KEEPING IT REAL
17:25 Biggest mistake you've made in real estate.
22:21 Skill that you have that you have transferred to real estate
23:23 3Values - Give More, Be More, and Do more
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW
26:02 Favourite book
26:31 Best Habit that serves you everyday?
27:10 Best tool(s) that helps you excel throughout your day
28:04 One 300 unit apartment building or 3 apartments of 100 units?
28:56 If you could describe a successful investor in one word, which one would you pick?
BOOKS MENTIONED IN THIS SHOW
Outwitting the Devil by Napoleon Hill
NOTABLE QUOTES (KEY LESSONS):
“I do it because I want to...Once in a lifetime opportunity.. This is what I wanna do”
“When you approach what you do in a day to day basis with the same mindset… This is once in a lifetime opportunity… this is what I wanna do”
CONNECTING WITH THE GUEST
@multifamilyandmore
youtube
Other Facebook Groups
ExperimentMultiFamily
GUEST BIO:
Antoine Martel steps into the lab today with lots of entrepreneurial experience which he started at a young age. From drop shipping products, to creating an app in his early stages, Antoine has always been ahead of the curve when it comes to opportunity. Antoine got started in real estate while finishing his degree in entrepreneurship and had clarity on the vision since then that he set his class schedule late so he could pursue real estate throughout the day.
Based out of California; Antoine knew he had to learn how to invest out of state and he did just that. His business now is dominating in 4 different markets in which we gave him the rights to the name “comp hacking” ;)
He has proven enough to his clients by acquiring passive income and financial freedom through his investment strategies. Martel Turnkey, their family business, sold over $11 million worth of cash flowing residential real estate with the help of Antoine.
He’s not just a passionate real estate investor but he is also an author of the well known “A Millennial's Guide to Investing in Cash Flowing Rental Properties”. Join us today as he steps into the lab and shares his inspiring and most notable insights about his journey in real estate.
THE REAL ESTATE FOUNDATION
16:00 Transitioning to Real estate
21:15 Identifying what Market Process
25:18 What’s the initial push
34:42 Talking to the Owner on property management
36:16 What does Managing a Project/Manager mean
40:14 Market Arbitrage
42:27 Triple FFF - Finding, Funding, Flourishing
46:36 Refinancing with Local Credit Union
51:04 How Banks Lend on businesses
52:49 Lines of credit
52:49 Lines of credit
01:01:40 How are you networking with people day to day
01:07:05 Started Posting about the Process
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW
01:13:14 Favorite book
01:13:26 Best Habit that serves you everyday?
01:14:41 Best tool(s) that helps you excel throughout your day
01:15:43 One 300 unit apartment building or 3 apartments of 100 units?
01:16:24 Self Manage or Outsource
01:16:32 If you had to have one superpower in real estate what would it be?
01:18:12 If you could describe a successful investor in one word, which one would you pick?
01:20:37 Insights you want to give the community.
1:32:23 What is the question that I did not ask you that you wished I asked you today?
BOOKS MENTIONED IN THIS SHOW
Sell It Like Serhant: How to Sell More, Earn More, and Become the Ultimate Sales Machine by Ryan Serhant
Willpower Doesn't Work - by Benjamin Hardy
CONNECTING WITH THE GUEST
Book - http://free.martelantoine.com
Tshirts -http://martelmerch.com
Instagram - @martelantoine
Website - https://martelturnkey.com/#ExperimentTurnkey
GUEST BIO:
Evan the founder and host of the Monumental Podcast steps into the lab with us and this time he isn’t stepping into the lab as a former pre-med student but rather as an investor and developer.
In this episode he’ll uncover the blueprint he uses to identify opportunities and the different types of investment strategies you could experience as an investment partner. Let’s Build!
THE REAL ESTATE FOUNDATION
17:02 Background story in Real Estate path
21:02 Transitioning to Real estate
21:40 Thought Process
23:17 I’m always a developer at Heart
26:07 How you decide to go to Development project & How it is a little bit different from what we know as Multifamily value add?
29:40 Tax Credit and Tax Abatement
34:55 What makes good/bad vacant land?
38:21 GIS - Geographic Information System
40:51 What is the opportunity for me as an investor on the development side?
44:24 Section 8
KEEPING IT REAL
48:04 Myth Buster! What is the biggest misconception that people have in life/business?
50:38 Biggest mistake you've made in real estate.
53:22 Worst Advice ever received
56:29 Most influential person for achievement (My Mom)
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW
57:47 Favourite book - The 10X Rule by Grant Cardone
58:11 Best Habit that serves you everyday?
58:25 Best tool(s) that helps you excel throughout your day
58:57 One 300 unit apartment building or 3 apartments of 100 units?
59:57 Self Manage or Outsource
1:00:14 If you had to have one superpower in real estate what would it be?
1:00:42 If you could describe a successful investor in one word, which one would you pick?
1:03:07 If you were to advise our listeners to try something that would be most beneficial to them in their lab (marketplace) what would it be?
1:08:23 What is the question that I did not ask you that you wished I asked you today?
BOOKS MENTIONED IN THIS SHOW
The 10X Rule - Grant Cardone
NOTABLE QUOTES (KEY LESSONS):
“Learn about the different types of development and then pick your niche...focus on where you’re good at”
“Get started before you’re ready...just get started”
“Try to figure out your why..”
CONNECTING WITH THE GUEST
Facebook | Instagram | YouTube | Twitter | iTunes | Spotify | Google
Stitcher | Soundcloud | IHeartRadio
ExperimentDeveloper
Vinney Chopra a.k.a “Vinney (Smile) Chopra” or “Mr. Smile” is a successful MultiFamily Syndication Expert. He is also a professional Fundraising Consultant and Motivational Speaker for over 35 years. Just knowing his background will surely give us motivation to follow his footsteps. Please join us today as we welcome Vinny in the lab for a deep dive into his remarkable journey as he tackles his 28th multifamily apartment syndication at the time of this recording.
THE REAL ESTATE FOUNDATION
4:36 Background story in Transitioning to Real estate path
7:21 What Syndication Is and What Syndicator Does?
8:54 First Deal (Single Family)
9:28 First Deal Upon Learning Syndication
10:30 Was the process the same form getting 14 units to 100 units?
14:15 Napkin Listings (What relationships am I forming?)
17:46 Would you say that you will pick building relationship than any direct mail campaign of any sort out there?
20:23 What do you advice like next steps for an “experimenter” who has a few single family homes and wants to go into multi family homes. The Vinney 30 years back?
21:58 How to create a relationship - adding more into it.
KEEPING IT REAL
24:34 MythBuster - What do you think is a misconception or limiting belief that is out there?
26:26 Biggest mistake you've made in real estate
29:00 Best Advice ever received - What you wanna become one day, you are becoming today. - Taking action now
33:08 Most influential person for achievement (Mentor Spencer Hays and Book Authors) Answers To The Rapid Fire Questions in The Show
37:34 Favorite book - Power on Now by Ekhart Tolle
37:49 Best Habit that serves you everyday - To be Positive
38:15 Best tool that helps you excel throughout the day (iPhone Business dropbox and Slack)
28:57 One 300 unit apartment building or 3 apartments of 100 units - I would say 3 of 100 units - diversification
39:37 What is your Favorite plate to work on?
40:30 If you have to describe a successful syndicator in one word, what would it be? - Good track record, taking good care of other people's money, more than your money.
41:19 If you were to advise our listeners to try something that would be most beneficial to them starting, today this minute.
BOOKS MENTIONED IN THIS SHOW
Power of Now - by Eckhart Tolle
Apartment Syndication Made Easy: A Step by Step Guide - by Vinney “Smile” Chopra
NOTABLE QUOTES (KEY LESSONS):
“I have to make it happen, when you have that desire and you cannot look back you burn your bridges you progress in life a little bit… You have to make it Happen”
“Rejection is always there in our lives, and also the power to get better and better.”
“Serving attitude.. How can I add value?.. That is the key”
“Relationship building should be genuine”
“Mindset..what we believe is what we achieve..Live life without fear.”
CONNECTING WITH THE GUEST
Website: Vinneychopra.com
Youtube, Facebook, Instagram Vinney Chopra john@vinneychopra.com - email my business advisor Or Text the word “LEARN” to 474747 / “SYNDICATION” 474747
ExperimentSyndication #ExperimentMultifamily #Assest
GUEST BIO
Tosin steps into the lab today as a true practitioner that has always surrounded himself with key partners and mentors that have aloud him to get a lead in all the business ventures he’s had a chance to be a part of at a young age of 34. This then later lead to a strategic partnership as he sits on the advisory board of the well known Tulsa Real Estate Fund. As the host of the daily hustle, Tosin steps into the lab with us to share more than the daily insights of the ‘hustle’ but rather the journey that took place to lead to where he is today.
THE REAL ESTATE FOUNDATION
1:47 Background Story
8:29 Transitioning to Real estate
9:45 What is the draw to MultiFamily and Commercial
13:13 Meeting a Partner/Investor
19:18 What did the pitch like/ proof of concept look like?
22:18 Advice you can give not to be taken advantage of
33:42 How fund is run and how it works?
42:33 Difference and Similarities in Syndication and Funding Model
47:20 Build Equity and Cash Flow
KEEPING IT REAL
57:15 Biggest mistake/problem you've made in real estate
1:08:10 Worst Advice ever received
1:11:37 Most influential person for achievement (MyGrandfather)
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW
1:14:11 Favorite book - The Corner Office: Indispensable and Unexpected Lessons from CEOs on How to Lead and Succeed Book by Adam Bryant
1:14:41 Best Habit that serves you everyday.
1:16:05 Best Tool that helps you excel throughout your day.
1:16:53 One 300 unit apartment building or 3 apartments of 100 units - One 300 unit apartment building
1:20:13 Self Manage or Outsource - Outsource
1:20:21 If you had to have one superpower in real estate what would it be? - To be able to negotiate anything at 20% ARV
1:20:45 If you could describe a successful investor in one word, which one would you pick? - Resourceful
1:21:53 If you can make one thing easier in your day to day what would it be? - Managing Communication with my leads
BOOKS MENTIONED IN THIS SHOW
Shut Up and Listen! Hard Business Truths That Will Help You Succeed - byHouston Rockets Owner Tilman Fertitta
The Corner Office: Indispensable and Unexpected Lessons from CEOs on How to Lead and Succeed - by Adam Bryant
NOTABLE QUOTES (KEY LESSONS):
“People who are really doing it, they don’t need to hide anything from you, because there’s enough money.” “Stepping out and putting your name and your face on something, and being confident in what you’re doing.If you don’t wanna put your name and face on something that means deep down inside you don’t standby and you’re able to dash and run away when things go wrong.” “You cannot be self made”
CONNECTING WITH THE GUEST
Instagram: Tosin_Oduwole
Facebook and LinkedIn: Tosin Oduwole
Web Series - The Daily Hussle
ExperimentMultifamily
Rod steps in the lab and dives directly into the core elements of what makes any individual succeed in whatever it is they are pursuing. The core elements of mindset and psychology. Rod has built over 23 businesses in his 40 year business career and is a passionate real estate investor who has personally owned and managed over 2000 properties. With that came ups and downs as he talks about losing $17 million and bouncing back.
He attributes all his success to mindset and execution. But most importantly it’s the way that Rod gives back to the community through his Tiny hands Foundation and more that makes him remarkable. Let’s welcome Rod Khleif in the lab as he goes deep into the self portion and shares some notable gems worth applying. He actually takes us step by step on how to map out the vision you may have planned for yourself and your business...let’s build.
THE REAL ESTATE FOUNDATION
3:10 Background story in Transitioning to Real estate path
6:51 First Deal
9:01 How I lose the Money $50M
17:19 How do I check myself?
24:24 What's the number one way? (Personal Development)
30:40 Write down some pain if you don’t achieve the goal.
32:17 Example might inspire the listeners
37:28 Important message to the listeners related to goals
KEEPING IT REAL
52:10 MythBuster - What do you think is a misconception or limiting belief that is out there?
54:35 What question did you wish I had asked you but didn’t ask.
ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW
42:50 Favorite Book
44:13 Best Habit that serves you everyday - Operating from gratitude
45:50 Best tool that helps you excel throughout the day (Slack, Asana, Hubspot and Outlook)
46:36 One 300 unit apartment building or 3 apartments of 100 units - 300 units (it's always about getting bigger) Scalability
47:25 Self-Management or Outsource - 3rd party Management
48:17 What are the things that I should really really good at? - whatever your strengths
49:03 If you have one super power in real estate or in business what would it be?
50:41 If you could describe a successful syndicator in one word - Integrity
BOOKS MENTIONED IN THIS SHOW
The Subtle Art of Not Giving a Fuck - by Mark Manson
Willpower Doesn't Work - by Benjamin Hardy
Regrets of the Dying - by Bronnie Ware
The 5 Love Languages- by Gary Chapman
The Slight Edge - by Jeff Olson
Turning Pro - by Steven Pressfield
Crucial Conversations - by Barnes & Noble
NOTABLE QUOTES (KEY LESSONS):
“10-20% of what it takes to be a success in Real Estate, 80-90% is to push through limiting beliefs.. To Push through fear.”
“Comfort Zone is a warm place, but nothing damn grows there”
“You gotta bring it out to the daylight..Consciously”
“The more action you take, the more the fear diminishes, the less action you take the fear actually grows.. That life of your dreams is on the other side of comfort, and is on the other side of massive action”
“Success without giving back in some fashion is not success.”
CONNECTING WITH THE GUEST
Facebook Group
Boot Camp
WEBSITE
ExperimentMindset
Dan Wynn joins us in the lab as an active duty army officer and real estate investor that buys and holds real estate utilizing the BRRR strategy to grow his real estate portfolio while leveraging VA loans.
Dan is also the Host of the Financial Freedom Journal where he is actively preaching the importance of the building financial freedom to spend quality time with his family while building generational wealth along the way.
THE REAL ESTATE FOUNDATION
12:35 Background story in Real Estate path
16:02 Transitioning to Real estate
18:16 First Deal and got denied by 3 different banks (Story)
18:58 Creative Financing and Hard Money
20:30 First Deal (live and Flip)
22:10 First Real Deal - After about 2 years "Infinite Returns"
24:50 VA Loan
26:05 Getting out of VA Loan
27:48 BRRR Means (Buy Renovate, Rent, Refinance)
29:00 Deal where you learned the most in?
31:14 What Lessons I’ve learned from this? - keep building your team
31:45 What is the Importance of having a licensed contractor?
33:04 Who were the People on the Team?
34:08 How do you track progress along the way?
36:40 What does Managing property look like from far away? Delegated everything to property manager
KEEPING IT REAL
39:33 Biggest mistake you've made in real estate
Couple of Deals went very very well and very very Smooth
I did not have the proper systems set up
Did not have the proper things set up, Kinda thought I kinda know what I'm doing here. It should work really well.
It just didn't go that well, but that's a learning lesson, It cost some time, cost a little bit of money.
But those experiences are invaluable, cause you take all those experiences with you to the next deal, and you became just much better. You're sharpening your sword basically.
40:43 What other systems might they need to scale the right way?
42:37 What do you have to say about we are trying to do so much before we actually focus, analysis paralysis? I know what Experience I had before - Building a Rapport knowing the things that I know now.
44:00 Best Advice ever received - Take Action... don't just get paralyzed by fear.
45:15 Worst Advice ever received
48:40 Most influential person for achievement (My Kids)
BOOKS MENTIONED IN THE LAB
- The Monk Who Sold His Ferrari - by Robin Sharma
- E-Myth - by Michael Gerber
- Four Hour Work Week- by Tim Ferriss
- Think and Grow Rich - by Napoleon Hill
- The 10X Rule - Grant Cardone
- Be Obsessed or Be Average - by Grant Cardone
- Willpower Doesn't Win - by Benjamin Hardy
- The Compound Effect - by Darren Hardy
Notable Quotes (key lessons):
- “Take Action... don't just get paralyzed by fear.”
- “Build as many experiences as you can...”
Connecting with The Guest
Major Platforms
- Financial Freedom Journal - on Podcast and Youtube Channel
- Instagram | Youtube | Facebook | Linkedin @Danwynnrei
ExperimentInvestor #ExperimentScaling
In this episode - I cover a recent experience I encountered when evaluating a multifamily apartment deal and consulting a client in my agency. Part II coming soon on the answer to the question I should have asked. The good thing is having my partner broker on the process gave me the insight to raise that question. In what components of your business do you need insight on asking the right questions....? 🔑
In this episode I compile some thoughts that commingle when you consume as much personal development content as I do, let alone consume it and apply it! Here’s how all the pieces came together from Christian Kondo’s daily quote to “WillPower doesn’t work” by Benjamin Hardy to Rod Khleif’s recent appearance on my podcast episode to Gary Keller’s best seller “The One Thing”. The amount of collective information sums up this short reflective podcast all together. It must be the RAS kicking in...if you haven’t read or consumed one of the above ☝🏾 you’re missing out on your RAS which needs to be kicked into gear asap. You certainly need to take a page from their books 📚 to successfully write your own story. Big thanks to my influences 🙏🏾 Back to the lab to build! 👨🏽🔬
In this episode I discuss the importance of knowing your command + down arrow button in your business and in goals. I was journaling and realized I needed to google this question around finding an efficient way to get to the bottom of a long journal Vi google docs. The amount of time I was able to save was significant. The crazy part is that this is a process that I will continue to use for the rest of my life...therefore the amount of efficiency that I’ve just compounded over time is remarkable. The insightful Part was identifying that there was an inefficiency and that I had the insight to seek for help while asking a very ‘specific’ question to my problem....this part is so crucial, knowing WHAT and WHEN to seek for help to solve explore your growth in the right direction is key. Because the reality is that often we don’t ask the question because we don’t even know to ask it...therefore having the knowledge of knowing what you don’t know is key. Identifying that there may be a better way to do things is another....what is your command + down button in your endeavors? Have you given it some thought? #LETSBUILD
In this episode we piggie back Tillman Fertitta’s recent book topic of shutting up and listening.... Tillman is a Houston native, business mogul recognized as a world leader in dining, hospitality and entertainment. He is knows as the “riches restauranteur in the world” and is the very well known sole owner of the NBA’s Houston Rockets. In the episode we discuss the importance of getting in the habit of removing the ego and shutting up and listening to people to then not only hear from their nuggets but being open to hearing about their problems so you can come with a solution based perspective to solve them or perhaps offer them a solution. Tillman often says it’s just as easy to say yes as it is to say not so why say no?
In this episode I get into the conversation of the importance for all of us to implement systems that can be repeated by anybody in our business and in our lives. Inspired by the E Myth by Micheal Gerber ch. 9 working ON your business and not IN it. and ch. 10 The business development process. These are things I am taking into my personal endeavors today from deal evaluation to growing my agency. So much work to be done but let’s build it the right way. I think we can all reflect on what the E myth exposes as truly important in each business - so I’m important to y’all about but most importantly ...IMPLEMENT. Let’s build. 🧱
While being the aggregator or information and implementing these principles from the greats just like you...I combined a 3 Golden nugget methods that I guarantee would make a difference in your personal life - including mine. The question is will you try it? And that’s besides the point, how long will it last? Unfortunately for most of us ...the answer is “not long enough” ....I always wonder why because we know that this accumulation of 3 very simple and yet so hard tasks would change our life...I guess we can just leave it as ....how bad do you want it? If it’s bad enough give it a lesson.
🧪In this episode I reflect on the importance of knowing Your Compass in your life and business. What are you optimizing for? It is important that you know ...because if you don’t a client or individual with their own Compass may steer you in their direction. The sooner you identify where you are going the least likely you are to get pulled in other people’s directions. This is important because we all know that when our GPS reroutes - it always adds time to our final destination. Let’s build. 🧱
In this episode I talk about the 121 exclusion which a partner of mine told me about that I didn’t know about in addition to the well known 1031 exchange. If you live in the unit and decide to sell it after 2 years but in less than 5 years, the 121 exclusion allows you to not pay on the capital gains accumulated if it’s less than 250K I’m gains...fascinating. I also cover my he importance of knowing the tools you can used during the (1) ACQUIRING phase (FHA, conventional, 203K, conventional rehab loans, VA, etc.) (2) HOLDING phase advantages, tax breaks and (3) EXIT STARTEGY incentives (1031, 121 exclusion, etc) if you know more give us a shout and comment - we are leveraging, building and learning everyday!
In the second to last previous episode - we talked about the 1% better everyday effect - shout out to Christian Kondo @dj_Kondo in addition to the compound effect, tracking small habits that make an incremental difference in the habit itself with the addition of the domino effect. In this episode we talk about tying that new small habit to something you are already doing. Notable quote: “The difference between the no. 1 ranked golfer and the no. 10 golfer is an average of 1.9 strokes...but the difference in prize money is five times...” (it’s the little things that add up to make an incremental difference in the end) ....don’t sleep 😴 on small changes ....implement them by tying them to an EXISTING habit you already do today.
🧪In this episode we talk about the importance of presenting offers in bunches in order to justify and better position the initial offer as it is or simply give contrast and justification amongst the bunch. It is no wonder why the majority of business will offer options in small, medium or extra large; beginner, novice, expert or the way giving two options on a contract gives you the upper leg . People love options but my experiments and those of others will confirm that less is more. Too many options can kill and offer or business model. So which one will you choose; Multiple offers or single one? (See what I did there 😉) Let’s build. 🧱
Guys I’m back! I’m back for good - I will be releasing new episodes Wednesdays Fridays and Sundays CONSISTENTLY. Many of you have come across this podcast awhile back and as mentioned in this episode I’ve broken one of the key fundamentals of the compound effect. Consistency. Why is it that when something works as human creatures we often have a tendency to stop doing it? What if you were to instill 1 new habit or take away one and consistently do it until your last days days here on this wonderful earth of ours. We can all personally admit that that would make a difference for us and yet we don’t do it. Let’s reflect and find a way to do that. One way to do it is by attaching a new habit to something that you are already consistently doing. More on that in part 2. But for now - thanks for taking a listen. Releasing an episode 3 times a week - Wednesday, Friday and Sunday will be my new habit I’m adding. Y’all can hold me accountable. As you can see I’ve attached a specific day to it to make the goal more realistic and giving myself direction. Again more on that later...what works for you. DM me or inbox me on bigger pockets and I’ll talk about it on the next episode and share it with the people. Let’s build.
In this episode - I reflect on the importance of speed, taking action versus deliberations. I also speak on Comprehensive Annual Financial Reports which everyone should get their hands on if truly interested in knowing what’s going on behind statistics in their market of choice.
In this episode I talk about the importance of setting up systems not only in your business but also in your life that will help you propel forward to success.
In this episode I follow up on the importance of running your business not letting the business run you...by setting expectations. Set expectations, over deliver, then build.
In this episode I discuss protecting your business by outdoing the mediocre - keeping an abundance state of mind versus scarcity mindset of shielding your business. Get people to want to pay you extra for your services rather than you needing to protect your business from being taken away from you. Focus on the Ferrari not the Toyota...let’s build y’all.
In this episode - I talk about reaching out to your customers the way you would want to be reached and educate your customers on your business. It’s hard to do business with someone that doesn’t know what’s going on.
In this episode I talk about the power of influence the you have on people that comes back full circle in your business - whether you realize it or not - it comes back like a boomerang. So throw out some positivity and value - it’ll come back two-fold.
Run the business don’t let the business run you. In this episode I talk about the importance of setting up expectations with your time and the ones of your clients so that you are running your business and not letting the business run you for any incoming interruption: email, call, text. Stay focused and build. 🏡
In this episode I talk about the importance of being a minimalist with great communication. Frequency over quantity not to be mistaken with quality . Let’s build.
In this episode - I reflect on the importance of the human element in business and customer relations. Gathering data to build rapport will open up the flood gates for a potential unique business relation. I reflect on the importance of knowing that we are ALL in the people business, the more we treat our prospects like people on the other side of a transaction - the more success I can imagine one will have. Let’s build.
In this episode I speak about the importance of knowing what truths or lies you are telling yourself which eventually is dictating the actions that you take. Figure out the real story and build.
In this episode - I talk about your dreams being on the other side of discomfort. Enough said.
In this episode I talk about my experiences of road mapping the beginning of my day and how I’ve postponed it in my day to Day habit. This month I am focusing on road mapping the day before and you should too not because of me but because others who have had great success also do this. As mentioned in one of my previous episodes - it is important to road map using a calendar instead of a list. You should also resort to rod mapping the exact same way you would prepare for a marathon, a sales presentation or an interview. Let me know how it goes, let’s plan, let’s road map, let’s build.
In this episode I talk about the compound effect law as described by Darren Hardy and the cause and effect theory mentioned by Sam Ovens. The importance of sticking through the tough times and having the consistency and persistence to keep pushing through even on your worst day. That is the difference maker. It’s certainly not easy and we’re all guilty of wanting instant gratification. But there are laws in place for us to build... so on that note - let’s build y’all.
In this episode I discuss my experiments with putting my to do lists into a calendar ( Work blocks) versus a naked lists. The outcome has helped me prioritize, adjust and track my efforts and targets towards my goals. Not rocket science, you might even argue: not a big difference. But over time this compounding effect thing brings results. #letsBuild
In this episode I talk about my experience of collaborating with others to fulfill your goals, dreams and aspirations. OPT stands for ‘other people’s time’. It’s a concept very similar to OPM (other people’s money) although OPT speaks on more than money and extends to exchanging your time and or skill with other people for collaboration. The concept has physically manifested into a real estate meetup and will be hosted in Peachtree City, Georgia as seen on Bigger Pockets and meetup.com hosted by myself!
In this episode we talk about my highly anticipated wholesale deal that I closed in a in a few days ago right before my trip in France. Recording this episode in Sucy-en-Brie to talk about the details of my deal in Sylvan Hills - Atlanta, Georgia. Wherever you are in the world. Let’s build.
In this episode I talk about the importance of combining the follow up with a very specific ask for your gatekeeper. Active request versus a passive one will certainly open up more doors for you down the road... speaking from my very little experience of life, looking forward to apply it more and you should too. Let’s build 🏘
In this episode, I share my experience and the importance in following up for your personal endeavors. Don’t think for a second that people have YOUR priorities at the top of THEIR minds.
Thoughts about the importance of being specific in your GPS calibration. No more empty “pump-up” phrases when necessary. #LetsBuild
While at my sister’s track meet - it occurred to me that most of the people who are leading the pack during a long race rarely are the ones to finish the race...🤔
In this episode - I reflect on the exchange the 4 billion dollar man had with me while also reflecting on a moment I had in the middle of my exam. Between those two very different experiences I found an identical trait... #letsBuild
Now this isn’t going to leave you a warm feeling but enough cajoling - I gotta tell it like it is for a quick self help reflection on if you’re truly making sacrifices along the way that matter.
Architect of 4 Billion empire spoke at Grant Cardone’s Growth Con Conference while I was in attendance in Las Vegas and dropped some very important simple gems that made all the difference in his life and can make all the difference in yours. Enjoy it @jzspeaks
“A mind that is stretched by a new experience can never go back to its old dimensions.” -Oliver Wendell Holmes, Jr.
Eventually you stop chasing stuff you start catching. The only way to do that is you have to start chasing details via Grant Cardone’s Growth Con 2018 - Las Vegas.
Shark tanks and FUBU’s Daymond John talks about the importance of success - dedicating time to your own craft before behind able to help others via Grant Cardone’s Growth Con 2018 conference in Las Vegas.
In this episode we feature Russell Brunson on his ability to crush efficiency and redefine ways of doing business at Grant Cardone’s Growth Con 2018 conference.
In this episode I talk about how I experienced failure today, missing my license exam by 3 points and how I need to capture the right mindset of the long term goal versus short term obstacles and failures. Easier said than done - regardless, trust the process. Let’s build 💪🏾 #nohighlights
In this episode we talk about the challenges of not trying to think with your budget ( it’s hard I know) but seeing the bigger picture, bigger vision and focusing on the “what” not the “how”. Sometimes the “how” stops us in our tracks and we become too practical and settle. Seek for the 10X (à la Grant Cardone style) and you’ll create those opportunities. Let’s build.
In this episode we talk about the importance of how you choose to strategize in your life, business, career? Are you chasing mice or antelopes? A lion consumes more calories chasing a mouse than it does consuming one...hmm where is this happening in your life? Let’s talk about it, let’s figure it out, let’s build.
In this episode - I put some thoughts together while re-evaluating certain structures in my business the true core fundamental shift required to address in anyone’s life is - evaluating the vehicles we choose to drive on the freeway we call “life 95.”It’s important to choose the vehicle that may “serve” you the best and that is in complete alignment with your intangible skills, your personality, your passion, your goals, your vision. Life is enjoyable, it can also be hard - choose the path of least resistance evaluate your current vehicles in your life and re-evaluate them with the right people periodically. Make sure you enjoy the ride and don’t look too much in the rear view. Always rent the car and oh ya... buckle up.
“...if all you have is a hammer, everything looks like a nail.” Let’s be open minded with the tests that we run and the opportunities we seek... sometimes the answer🔑 stares us right in the face..😲
In this episode we talk about the difference between PMI ( Private Mortgage Insurance) for conventional loans vs. MIP (Mortgage Insurance Premium) for FHA loans vs. the other MIP (Mortgage Insurance Protection ) - yep no typo. If it looked like a typo, have a listen and get informed. 🏡👀
Thanks to the internet, so much information is free. But spending the time to dig for everything and find ways around all the walls that some information is behind can be more detrimental to your success in the long run. How do we figure out what information we actually need? Let's talk about that in this episode. Don't forget to share this with a friend and enjoy the rest of our informative episodes on this page.
There are many well-known three-word phrases that shape our everyday life. In this episode of the freshly titled "Door Nuggets", we talk about the three things that give you access to your next step. Whenever I felt stuck what I do is get to work on these three key words. Don't miss out on the nuggets!
Ruben welcomes you to the lab! The Real Estate Experiment is a unique take in a career with countless moving parts. We take experiments to another level, with a lot of fun, insights and a lot of building. The best part is we share 'em all to each other! Keep up with the journey and join the lab!