Bigger Cash Flow Podcast: Recent Episodes
Bo Kim
Welcome to the Bigger Cash Flow podcast, where each week, we share tips and tricks on how to grow your monthly cash flow and get out of the rat race. We also interview real estate investors and business owners to gain insight into how you too can reach your goals of financial freedom. For more information on investing, real estate, and increasing your overall cash flow, head on over to biggercashflow.com and check out some of the blog posts.
Show notes:
Ross is an engineering professional in the San Francisco Bay Area who has been investing in real estate for the past 3.5 years.
His interest in leveraging his professional income outside of the traditional and risky stock market and non-liquid 401k has allowed him to take charge of his future through passive income real estate sources.
He currently invests in the out of state markets of TX and PA, and he has helped several people get their first deal and is looking to help more people take action in 2021.
On this Episode You’ll Learn:
-What Ross has been up to since the last episode
-Ross' triplex BRRRR deal
-The abundance mindset
-Talk to other investors for advice/mentorships when going through first rehab
-Why sometimes HML vs PML might be better on first deal
-The key to underwriting
-Why Ross is selling some of his portfolio
Contact Info:
Instagram/Facebook: @EngineeredCashflow
Website::https://engineeredcashflow.com/
Remote Real Estate Investor FB Group: https://www.facebook.com/groups/remoterealestateinvestors
Show notes:
Today on the show we have Aseel Yerunkar — W2 employee, real estate investor, and an immigrant adventuring through life with his beautiful wife and partner in crime. Born and raised in India, Aseel moved to America as a 10 year old boy with his family in a search for a better life. Growing up he fell in love with the American dream which gave birth to his entrepreneurial spirit and empowered his pursuit towards financial freedom.
Aseel has led a successful career in IT and currently works as an Information Technologist at the County of Orange. The earnings from his day job allowed him to start his journey into real estate.
There is nothing in the world he enjoys doing more than working on/talking about real estate, spending time with my family and friends, or being in the great outdoors.
On this Episode You’ll Learn:
-About Aseel and how he creates cashflow
-The importance of your Why
-Why have a side hustle?
-Scalability of W2
-How Aseel educated himself to take the first step
-Importance of multiple exit strategies
-How Aseel was able to finance his acquisitions
-Delicate balance between focus and diversification
Contact Info:
Instagram: @Aseel1146
Facebook: https://www.facebook.com/aseel.yerunkar
Show notes:
What’s up you guys, welcome to another exciting episode of the bigger cash flow podcast. I am super excited to introduce today’s guest on the show, Cristian Trujilo. He is a 7 figure drop-shipper, investor, world traveler and my e-commerce mentor. Cristian has been in the Ecommerce industry for the past 7 years selling over $1million a year.
He started drop-shipping part-time while still in the Air Force and was making money online while being deployed in Qatar and Kuwait. Born and raised in a tiny town in Colombia, he now lives in Sacramento California and his online, passive, and automated business allows him to travel around the world.
On this Episode You’ll Learn:
-Cristian's story and how he created his cashflow
-Why Cristian picked e-commerce
-First steps to take to get into e-commerce
-What was Cristian's turning point to go full time
-What is drop-shipping
-Mistakes to avoid from Cristian's career
-Cristian's business information and how to work with him
Contact Info:
Instagram: @Cristiant8a
6 Ways to make Money w/ 1 Product: https://dropshipping-amazon.teachable.com/p/amazon-dropshipping/
Show notes:
What’s up you guys, welcome to another exciting episode of the bigger cash flow podcast. This is Episode 100! With such a big milestone, this episode is an update to Bo’s story and what he is up to today. We also bring back Joe our old co-host who will be giving us an update as to what he’s been up to since he’s last been on the show!
On this Episode You’ll Learn:
-Update in Joe's world
-Update in Bo's world
-Updates on the Bigger Cashflow Podcast
-Finding the balance of time and work
-Time in the Market vs Timing the Market
-The Price of inaction
-Finding a strategy that fits your profile
Contact Info:
Instagram: @BiggerCashflow
Show notes:
Ernesto is back on the show! We have some catching up to do on this episode. Ernesto is a Bay area native and he’s been investing out of state for many years now. He’s the Founder of the Indy Out of State investors group - which has about 2,000 members currently. Ernesto has had a TON of changes since we last talked to him and we wanted to give an update on where he is at today. He has left his W2 corporate position into full time real estate! We’re very excited to have him give updates on what he currently is doing in 2021.
On this Episode You’ll Learn:
-Catching up from Ernesto's last episode
-Overcoming the challenges when going full time
-Why Ernesto wanted to become a realtor
-What a day to day looks like as an agent
-What is Ernesto's opinion on is it a good time to buy a primary residence now
-Tips and tricks for a first time home buyer in a competitive market
-What's on the horizon for Ernesto
Contact Info:
Instagram: @BayAreaHomesByNest
Facebook Group: https://www.facebook.com/groups/remoterealestateinvestors
Show notes:
Jacob’s journey started when he graduated from Oklahoma state university with a degree in fire protection and safety engineering. After collecting, Jacob moved to Houston, Texas, and dove into the corporate world of terrible coffee, KPIs, and the monotony of a new 9-5 life. Jacob accepted this lifestyle because he truly enjoyed the work. He’s always had a knack for building things, both physical and intangible, and a passion to help people solve problems.
Wanting more control over his life, Jacob set out to engineer a lifestyle he always dreamt of. Jacob bought his first rental property at the age of 25 and quickly transitioned into buying small multifamily properties. When Jacob isn't building his real estate empire, he enjoys kayak fishing, exploring new places, and rough-housing with his niece and nephews.
On this Episode You’ll Learn:
-Jacob’s background and how he got started in real estate
-How he picked his markets
-Taking a leap of faith into REI
-Lessons learned from his first deal
-Financing strategies that Jacob has used
-Benefits of seller financing
-Shifting from single family to small commercial multifamily
-Some pro’s and con’s of small commercial multifamily
-Strategies that Jacob is using to find deals in this competitive market
-What is Jacob’s “Why”
Contact Info:
Website: http://jacobayers.com/
Podcast: http://jacobayers.com/podcast/
Show notes:
Today we have Scott Sherin on the show. Scott is 23 years young from NJ, a graduate from the University of Delaware in 2020 studying finance and entrepreneurship. He currently owns one rental property in Indianapolis, and is actively writing offers to expand his real estate portfolio while working full time from home. Scott is a life-long learner who became fully sold on the idea of F.I.R.E. (Financial Independence Retire Early) a year or two ago through podcasts, youtube videos, and books.
On this Episode You’ll Learn:
-Scott’s background and how he got started
-Why Scott got into real estate investing
-How Scott navigated through analysis paralysis
-What is Scott’s “Why”
Scott’s market and how he ended up in Indianapolis
Scott’s first deal and forming his core four
-Tips for networking with new vendors and other investors
-Lessoned learned from Scott’s first deal
-Importance of Systemizing processes
-Whats next for Scott’s FIRE journey
Contact Info:
Instagram/TikTok: @ScottSherin_
Facebook: https://www.facebook.com/scott.sherin2
Show notes:
Today on the show we have Chris Gormley, a real estate investor based out of Seattle Washington. Born and raised in the mid-west, he transitioned from Medical Sales to full-time real estate wholesaler, flipper, and BRRRR investor in November 2020. He loves all things adventurous, traveling, working out, mindset and growth, and above all, spending time with his lovely family. Here to talk about his experience investing outside of his local market and diving in full-time.
On this Episode You’ll Learn:
-Chris' background and how he got started
-Starting out flipping/wholesaling
-Importance of having multiple exit strategies
-The overview of the first few transactions
-Joining a mastermind
-How Chris is managing fix and flips remotely
-Ways newer investors can approach manaing remotely
-Getting started in wholesaling
-Chris' goals for 2021
Contact Info:
Instagram: @CGorm12
Company Instagram: @NetworkVenturesGroup
Facebook: https://www.facebook.com/networkventuresgroup/
Show notes:
Today on the show we have Billy Keels, a fellow W2 worker and real estate investor who is on a mission to help those high wage earners and/or retirees that have been forgotten about by so many in society.
Before becoming an entrepreneur, KeeponCashflow’s founder Billy Keels worked in the corporate world for over 23 years. In fact, he was one of the best “corporate soldiers” you’d ever want to meet.
During his corporate career Billy put his leadership and relationship-building skills to good use to help clients get to the root of issues that were holding them back from full success. Billy earned his stripes as a true problem-solver, a skill he carried into his new entrepreneurial life.
Now as a real estate investor and podcast host of KeeponCashflow, He's determined to help you feel comfortable and confident going against conventional wisdom by being okay with investing real assets and doing that beyond your backyard!
On this Episode You’ll Learn:
-Billy's background and what he currently does
-How Billy got into real estate
-How Billy started investing out of state
-Billy's first deal and some lessons learned
-Buying a property out of country
-Some potential risks in going out of state/country
-Preventing those risks in going out of state/country
-Where Billy is at today
-What is an accredited investor
-What can accredited investors invest in
-Being clear on your investing criteria
Contact Info:
Talk to Billy:
bit.ly/SpeakWithBilly
More info about Billy:
BillyKeels.com
Billy's Podcast:
https://podcasts.apple.com/us/podcast/going-long-podcast-with-billy-keels/id1518643887
Billy's book:
GrowYourMoneyTheSmartWay.com
More info on Billy's Energy Deal (accredited investors):
Energy@BillyKeels.com
Show notes:
Tim Stone is a full time college student and full time real estate investor. He currently lives and buys investment property in the growing city of Chattanooga, TN.
Before graduating high school, he started a real estate photography business which allowed him to pay cash for his college tuition. Now at the age of 20, he is already managing a portfolio of 48 units and just getting started.
On this Episode You’ll Learn:
-Tim's background and how he got started
-How Tim formulated his strategy and how that changed over time
-Tim's first deal with his partnership
-Analyzing an apartment deal
-Tim's plan on scaling for the next 5 years
-Debt partnership vs Equity partnership
-Words of advice from Tim
-Tips for resources that Tim uses for real estate
Contact Info:
Instagram: @TimStonePhoto
Show notes:
Casey Franchini is the founder of Brick By Brick Wealth. She is a stay-at-home mom of 3 young kids who earns a second income from investing with rental properties. She now teaches aspiring real estate investors how they can also earn passive income with rentals, and it starts with the first one.
On this Episode You’ll Learn:
-Casey’s background and how she creates cashflow
-Finding her niche in 2007-2008
-The foundation of laying each “brick by brick”
-Casey’s first deal
-Finding a mentor
-Casey’s other side hustle
-Casey’s course to help new investors
-Advice on courses for new investors
-Other words of advice from Casey
Contact Info:
Instagram: @BrickByBrickWealth
Website: www.BrickByBrickWealth.com
Free 7 Day Minicourse: https://fantastic-builder-9933.ck.page/1c26110985
Show notes:
Sean is a Real Estate Investor and Hard Money Lender based in the San Francisco Bay Area. and he is the host of the Everything REI podcast, a show where he interviews top real estate investors and professionals in the Bay Area to give listeners the inside tips and tricks of the industry, and help you discover how you can create multi-generational wealth and allow you to have the time and freedom to do what you love and to live your best life.
On this Episode You’ll Learn:
-Sean's background and how he got started
-Sean's first flip with a partner
-Why having passive income is very important
-Ways to mitigate risk in an investment
-What is hard money lending
-Sean's current portfolio and strategy in 2021
-Tips on finding your team out of state
-Why Sean went into YouTube
Contact Info:
Sean’s YouTube: https://www.youtube.com/channel/UCxTnM9iMhQnTLUvGcwsgaEQ
Sean’s Podcast: https://everythingrei.com/podcast/
Sean’s Meetup: https://www.meetup.com/Everythingrei/
Show notes:
James Crosby is a part-time real estate investor and flipper based in New Jersey. He also currently works for his family heating oil business. James is involved with several organizations as well as the Free Masons and Shriners. He currently owns 9 rental properties but is in the process of selling those properties to 1031 into new construction units in Philadelphia. He enjoys mentoring individuals with real estate and their own small businesses
On this Episode You’ll Learn:
-James background and what he does to create cashflow
-Why James invested in his local market
-How James found his first property
-James sour experience with a crooked contractor
-Lessons of scaling to 9 properties
-Using a 1031 to move to new construction
-The definition of success and the importance of why
-What's on the horizon for James for 2021
Contact Info:
Instagram: @JamesJCrosby
Show notes:
Today on the show is Anam & Aamir a married couple who lives, and invest, in the Dallas, TX area. After realizing that they wanted to take control of their finances and their future, they purchased their first investment property three years ago with their entire life savings.
Fast forward three years they have built a portfolio of 22 doors using various financing strategies as well as their A.R.E.A formula to vet deals and move quickly. They have plans to double their portfolio in 2021 and will look to share tips and tricks on how their hands-on approach allowed them to scale the business while balancing a full time job on the side.
On this episode you'll learn:
-Aamir and Anam’s background
-Why they chose real estate
-How they got started into real estate
-Going local vs out of state
-Taking down their first deal
-Buying a property through a wholesaler
-Things to watch out for on BRRRR
-Other lessons learned on financing
-The AREA system
-Tips on contractors and rehab
Contact Info:
Instagram: @rehabrental
Show notes:
Cody immigrated to Canada at the tender age of 18 with a student visa and no income generation and wealth building skills. He graduated with an Engineering degree and worked in Corporate America all the while developing his passion for real estate investing and trading stock options. These investments allowed him to quit his 6-figure corporate job in 2020 to focus on building his business and sharing his knowledge with other like-minded individuals. He is on the show today to talk about trading stock options from the perspective of a real estate investor.
On this episode you'll learn:
-How Cory got started and his first few investments
-The strategy of options and how Cody creates cashflow
-The pros and cons of option trading
-The first steps in getting into option training
-How much money is needed to get started in options
-Timing the market in 2021
Contact Info:
Website: https://www.codyyeh.com
Instagram: @codyyeh
Youtube: https://www.youtube.com/c/CodyYeh
Show notes:
Starting out as a school teacher, Frank used his income to buy more and more investments until he generated enough money to leave his full time job. Frank is passively or actively involved in over 1000 doors in 7 markets across the United States. He also has a Real Estate Education Podcast called “The CashFlow Kings”, and a virtual assistant business called RealAgentHelper.com
With experience in Single Family, Multifamily, and Commercial real estate and tax sales. Frank also invests through hard money lending, new construction, and fix and flips. With that said lets welcome frank to the show!
On this episode you'll learn:
-Frank's background and how he got started
-What Frank focused on in 2020
-The benefits of syndication
-The importance of due diligence on a property in this market
-How Frank started Cashflow Kings
-The key of building relationships
-Words of wisdom from Frank
Contact Info:
Website: https://www.cashflowkings.com/
EMail: Frank@RIbuy@gmail.com
Frank’s VA Company: https://www.RealAgentHelper.com
Show notes:
Ali Boone is a real estate investor and lifestyle entrepreneur. Ali left her corporate 9-to-5 “dream job” as an Aerospace Engineer to start her real estate investing company, Hipster Investments, which was able to facilitate over $18M in real estate investment transactions in it’s first five years of business. Her personal real estate portfolio started with buying five properties in her first 18 months of investing using only creative financing methods.
Ali’s primary focus in real estate, revolves around passive income and passive investment options, such as turnkey rental properties.
She has written 170 articles on BiggerPockets, the world’s leading real estate investing website, and she’s been featured in Fox Business, The Motley Fool, and Personal Real Estate Investor Magazine.
On this episode you'll learn:
-Ali's background and how she creates cashflow
-Financial freedom = time freedom
-Why having a W2 isn't as secure as we think
-How Ali got into real estate investing
-The beginnings of Hipster investments
-Why turnkey vs BRRRR is not apples to apples
-Why turnkey's are a great way to build a foundation
-Ali's opinion on the future of the market, and some pitfalls for new investors to avoid
-Ways to get Ali's new book for free
Contact Info:
Website: https://www.hipsterinvestments.com
Ali’s book for Free: https://hipsterinvestments.com/biggercashflow
Show notes:
Today on the show we have Cory Nemoto, co-owner & founder of KÉCŌ CAPITAL based in Honolulu, HI where they control and manage over $15,000,000 worth of real estate . Before finding success in real estate investing, Cory had to start from the bottom, knocking door to door for leads during a time when the market was in a major recovery. Fast forward to today, Cory specializes in deal sourcing and valuations, acquisitions, financing, investor relations, and project management.
In addition to helping run the day-to-day operations of KÉCŌ CAPITAL, he strives to serve new and seasoned investors alike when it comes to providing primary financing on their deals and supporting them as they make the climb up the ladder of success in the industry. For Cory, it’s all about maintaining a culture of abundance and helping others prosper. He believes in always valuing people over profits.
On this episode you'll learn:
-Cory's background and how he got started
-Cory's first beginnings of door knocking
-The importance of your "Why"
-Why partnerships can be so powerful
-Tips from Cory's first direct mailing campaign
-Lessons learned from a deal that didnt go as planned
-The concept of "Debt-quity"
Contact Info:
Instagram: @cory.nemoto
Website: https://kecocapital.com/
Show notes:
Today’s guest is known as “The Land Geek.” Mark Podolsky is widely considered to be the country’s most trusted and foremost authority on buying and selling raw, undeveloped land. He has actively invested in real estate and raw land for almost twenty years, and has completed over 5,000 unique transactions in that time. Today, Mark is on the BiggerCashFlow podcast to share his journey into the world of buying, selling, and leasing raw land as an investment.
On this episode you'll learn:
-Mark's background and how he got started
-Why isn’t land investing more popular?
-Risks involved with land and how to mitigate these risks
-What can the competition be like?
-How can someone get started?
-Who is the ideal investor to start land investing
Contact Info:
Website: https://www.thelandgeek.com
Email: mark@thelandgeek.com
Show notes:
For more than 30 years, Steven Goodman, President and CEO of SHG Planning, has provided insightful solutions to the challenges of business succession, wealth preservation, retirement, and charitable planning.
He currently services hundreds of clients focusing on the needs of owners of closely-held businesses and high net worth individuals. Steven is also the author of Business Succession Planning: A Guide to Transfers, Sales, Family Harmony, and Minimizing Litigation. Steven Goodman is a CPA who was the vice president of the Trust and Investment Division of JP Morgan Chase and a supervisor for KPMG Peat Marwick. He holds an MBA from Fordham University. In addition to his work with SHG Planning, Steve has been a Big Brother for the last 15 years and is passionate about supporting charities that fund the education of underprivileged children.
On this episode you'll learn:
-Steven's background and what he does
-What led Steven to start his own firm
-Some obstacles a family business will run into
-Components of good planning
-Wills and trusts and how they play a role
-Life insurance products that Steven's recommend
-Key concepts from Steven's book that he'd like to share
Contact Info:
Website: https://shgplanning.com
Linkedin: https://linked.com/in/stevegoodmanshg
Show notes:
Eric Martel purchased his first apartment building at just 18 years of age while still at university. After graduation, in his position as an actuary, he was dismayed to see hundreds of company pension plans being rolled over into 401(k)s shifting the retirement risk to employees.
This made him reconsider traditional beliefs about saving for retirement. After the Dotcom crash of 2001 Eric started looking for ways to earn passive income and stop trading time for money. He started various businesses, including a gourmet sauce company, but eventually came back to real estate investing and founded MartelTurnkey with his family. Eric is here to share what he has learned on his journey, and how you too can get started in real estate investing
On this episode you'll learn:
-Eric's background and how he got started
-Eric's first apartment building investment
-Benefits of a mentor
-Why investing is beneficial for high paid professionals
-What is a turnkey property?
-Starting a turnkey company
-Eric's new book - "Stop Trading your Time for Money"
-Ways investors can protect themselves from upcoming recession
Contact Info:
Website: https://martelturnkey.com/
Eric’s Book: https://www.amazon.com/Stop-Trading-Your-Time-Money-ebook/dp/B08KWM5PW1
Show notes:
Ross is an engineering professional in the San Francisco Bay Area who has recently moved his focus to the real estate industry.
His interest in leveraging his professional income outside of the traditional and risky stock market and non-liquid 401k has allowed him to take charge of his future through passive income real estate sources.
He currently focuses on the acquisition and management of single family and multi-family properties, accumulating approximately $1MM in assets under management with over $100k annual revenue in just under 1.5 years. He currently invests in the out of state markets of TX and PA and also provides mentorship to those seeking guidance in remote investing.
On this episode you'll learn:
-Ross' background and how he got started
-Ross' first deal
-Building the bricks to build a great wall
-Minimizing risk and moving forward
-Turnkey vs BRRRR
-Advice for investors who are looking to scale
-Ross' words of wisdom to other investors
Contact Info:
Website: www.engineeredcashflow.com
Instagram: www.instagram.com/engineeredcashflow
Show notes:
Brian T. Bradley, Esq. is a leading Educator and nationally recognized Asset Protection Attorney for Entrepreneurs, Real Estate Investors and Ultra High Net Worth Families. Brian’s goal is to give you peace of mind knowing your assets are safe.
Brian was selected to the Super Lawyers Rising Star List 2015, Lawyers of Distinction List 3 years in a row from 2018 through 2020, and Best Attorneys of America List 2020. Brian speaks at various investment summits and has been a featured guest on numerous Investing, Real Estate, Cash flow, Finance and Coaching shows.
On this episode you'll learn:
-Brian's background and how he assists investors
-What is asset protection
-How to properly layer your protection
-Where to setup your LLC
-Points of Series LLCs
-Nevada/Wyoming LLC's
-Differences between LLC and Trusts
-Clients buying properties in personal names
Contact Info:
Website: www.btblegal.com
Linkedin: https://www.linkedin.com/in/brian-t-bradley-esq-a47a7b12
Show notes:
Kirk Du Plessis is the founder and CEO of Option Alpha, an options trader, entrepreneur, and angel investor. Option Alpha, an Inc. 500 company, is an online education and coaching platform for investors interested in learning more about the financial markets and derivative options. Kirk is also the host of "The Option Alpha Podcast." Where he educates and helps investors make smarter and more profitable trades.
On this episode you'll learn:
-Kirk's background and how he got started
-Kirk's transition from full time W2 to his own business
-What is an option
-Why Kirk focused into options
-Risk of options
-First time investor mistakes
-What's Kirk's goals for his options
-Some advantages of options compared to real estate
Contact Info:
Website: www.optionalpha.com
Linkedin: www.linkedin.com/in/kirkduplessis
Show notes:
Brett is the founder of Simple Wholesaling, headquartered in Indianapolis,IN. He has been involved with real estate full time for 10 years. And while enjoying the ride of entrepreneurship, he recognizes that God has provided this opportunity for him and his family. He has made it his mission to spread the Kingdom of God through empowering real estate investors.
Ingrained in his heart is the will to assist others to be successful in this business and to help build a positive reputation for the wholesaling industry. Brett is a simple and humble guy that focuses on giving back to share the wealth of knowledge and experience he has gained as a successful wholesaler.
On this episode you'll learn:
-Brett's background and how he got started
-Brett's first deal and how he acquired it
-What actions to take when you're stuck
-The differences in Brett's passive and active income
-Why Brett focused into Indy
-Red flag when working with wholesalers
-Why reputation is key
-Advice from Brett to investors
Contact Info:
Website: simplewholesaling.com
Email: Brett@simplewholesaling.com
Show notes:
Derek Clifford is a single and multifamily real estate investor. He has a passion for helping individuals start investing in real estate for passive income with a special emphasis on helping busy full time working professionals. He is the founder and CEO of Elevate Equity, a firm that partners with individuals and companies to purchase, improve, and operate cash flowing multifamily apartment real estate. Derek has written and published his first book "Part-Time Real Estate Investing for Full-Time Professionals." He’s helped many people start, maintain, and grow their portfolios to achieve their own financial independence. In his spare time, Derek enjoys relaxing with his wife, biking, hiking, reading, and household construction projects.
On this episode you'll learn:
-Derek's background and how he got started
-How Derek found real estate
-Derek's journey in starting out of state
-Being a full time W2 and a part time investor
-Starting your mornings early
-Writing down your goals
-Miracle mornings
-Pitfalls newer investors should look out for
-Financing strategies for newer investors
Contact Info:
Website: https://elevateequity.org/
Email: derek@elevateequity.org
Show notes:
Today on the show to talk about his out of state real estate experience is Phil Kim! Phil was born and raised in the Northeast - specifically bouncing between Massachusetts and New Hampshire. He is currently living in NH and has been working in the IT field for about 9 years. He first starting his investing journey through stocks in 2011, and eventually moved to real estate in 2019 by closing on his first 4-plex in his local market, then expanding his portfolio out of state to a duplex in Indianapolis in 2020. Phil’s goal is to become financially free through income generating rental properties.
On this episode you'll learn:
-Phil’s background and how he got started
-Why Phil chose real asset over other asset classes
-The importance of networking
-The power of losing out on your first deal
-How to avoid analysis paralysis
-How to go about acquiring your first Out of State investment property
-Importance of your criteria in deals
-The key to building relationships
-Phil’s future goals
Contact Info:
Instagram: instagram.com/kaizenrei
Show notes:
Dan Perez is a Corporate Tax Accountant who lives in San Diego with his beautiful wife and partner in crime Kelly ( or Mrs. Perez). They began their real estate investing journey by househacking their residence in 2015, and starting investing out of state near the end of 2018. Fast forward to today, they have a portfolio of single family homes in Indianapolis and are also partners in an Apartment complex in Kansas City.
Their main focus is to create additional streams of income through cash flowing rental properties, provide nice homes for their tenants, while helping other investors do the same.
On this episode you'll learn:
-Dan's story and how he got started
-Some barrier of entries Dan and Kelly ran into
-The first deal is the toughest
-The power of your team
-Things Dan and Kelly would have done differently in the beginning
-A lesson learned from one deal
-Different ways to win deals
-Quick tips and tricks on raising private capital
-What's on the horizon for Dan and Kelly
Contact Info:
Instagram: https://www.instagram.com/paper_route_investments/
Facebook: https://www.facebook.com/daniel.perez.509511
Show notes:
Bill Kurzeja is the owner and founder of Professional Success South, a profession sales training and business consulting firm. Bill’s journey because in the Army where he learned the foundations of disciple and strict attention to detail. Over the next few years he excelled up the ranks and transitioned to the retail automotive industry. One of his passions is to spread knowledge to as many people as possible whether that be through his clients, social media, or his weekly podcast, Get Focused with Bill K and Gina Faye. We’re excited to have Bill talk about the sales strategy as it is a key part of any business!
On this episode you'll learn:
-Bill’s background and what he does
-What Bill has learned from being in the sales industry
-They key to building relationships
-How to build a genuine relationship
-Pillars of communication
-Building your own brand
-The abundance mindset
-Bill’s move from the automotive field to consulting
Contact Info:
Website: https://professionalsuccesssouth.com/
LinkedIn: https://www.linkedin.com/in/bill-kurzeja
Show Notes:
Today we have on Alex Felice. Alex got his start into real estate investing in 2016 and has been crushing it ever since. In 2019 he closed on 8 single family homes, a 24 unit apartment complex, and is looking to actively grow his portfolio. You may have seen Alex on his website www.brokeisachoice.com. Since getting his start into real estate he has aggressively networked with other top performers to help get on shows such as BP as well as Military to Millionaire. We’re excited to have Alex talk about his path to financial freedom and how he is growing bigger cashflow!
On this episode you'll learn:
-Alex’s background and how he got started
-Alex’s mindset shift to move into financial literacy
-The idea of “Broke is a Choice”
-Investing in yourself
-Alex’s journey to find his first deal
-The key of taking action
-The value of networking - Being Loud
-Other types of education that Alex loves
Contact Info:
Website: www.brokeisachoice.com
Youtube: https://www.youtube.com/user/alexfelice
Show notes:
Chris originally started as a traditional financial advisor and stock coach. After several years he realized that the stark realization that the industry was not showing clients how to quickly and safely become financially prosperous today. After leaving the industry Chris was able to retire at 28 and since has been teaching his strategies to get to financial freedom.
He’s an author, podcast host of The Chris Miles Money Show, and has been featured in US News, CNN Money, EOFire, and has a proven reputation with his company, Money Ripples getting his clients fast financial results.’
On this episode you'll learn:
-Chris’ background and what is Money Ripples
-Differences between mutual funds vs real estate
-Multiple ways that real estate brings you cashflow
-When to buy rental real estate
-7 secrets to freeing up cash today
-Benefits of house hacking
Contact Info:
Website: moneyripples.com
Podcast: https://podcasts.apple.com/us/podcast/the-chris-miles-money-show/id895555599
Show notes:
Kimberly Marie is a physical therapist based in Indianapolis and has built an awesome portfolio in Indianapolis, IN. She started with single family residential flips, and now has moved onto multifamily commercial apartments.
Kimberly is the primary decision maker and first step in vetting all of the business operations including acquisitions, dispositions, as well as investor capital contributions. To say that she is a hustler barely scratches the surface! She is a conservative investor and relies on her background in the residential arena, from construction to neighborhood analytics to make informed business decisions.
On this episode you'll learn:
-Kim's background and how she got started
-The importance of knowing your buyer
-Deal deep dive on her first deal
-Lessons learned from working with contractors
-Kim's shift to commercial multifamily
-Breaking through limiting beliefs
-Working backwards from your goals
-Kim’s deal overview on her first multifamily property
-Kim’s next goals for Bigger Cashflow
Contact Info:
Instagram: https://www.instagram.com/kimberlymarie920/
Red Door Renovation: https://www.instagram.com/reddoorrenovation/
Email: Kim@RedDoorRenovation.com
Show notes:
Today on the show we have my good friend Ernesto Hernandez here to talk about what it means to be a remote real estate investor and adding value to others.
Ernesto currently resides in Oakland CA, but was born in Mexico, and considers himself a bay area native. He invests in California and Indianapolis, and while he acquired his first property in 2013, he didn't intentionally invest until 2 years ago. Ernesto takes great pride in helping fellow newbie investors achieve success earlier in their investing journey by helping them gain clarity in their strategy, criteria and processes as he actively does the same.
On this episode you'll learn:
-Out of state investors facebook group
-Networking
-Adding value to others
-Getting to YES
-Do not burn bridges
-Private Lending
Contact Info:
Indy OOS FB Group: https://www.facebook.com/groups/260862967817696/
Show notes:
Today on the show we have my good friend Ernesto Hernandez here to talk about what it means to be a remote real estate investor and adding value to others.
Ernesto currently resides in Oakland CA, but was born in Mexico, and considers himself a bay area native. He invests in California and Indianapolis, and while he acquired his first property in 2013, he didn't intentionally invest until 2 years ago. Ernesto takes great pride in helping fellow newbie investors achieve success earlier in their investing journey by helping them gain clarity in their strategy, criteria and processes as he actively does the same.
On this episode you'll learn:
-Ernesto’s Background
-Saver / Stock market
-More control over his money → real estate
-Why indianapolis / market analysis
-First rental property
-Rookie mistakes
Contact Info:
Indy OOS FB Group: https://www.facebook.com/groups/260862967817696/
Show notes:
Today on the Bigger Cashflow podcast, we are excited to have Mike Simmons. Mike is a real estate investor, podcast host of Just Start Real Estate, author of Level Jumping - where he shares the principles that allowed him to take his real estate business from virtually nothing to over $1 million dollars in 12 months.
Mike has helped hundreds of entrepreneurs and helped them grow their businesses. In addition to his incredible success, Mike has shared the stage with an impressive list of people such as Gary Vaynerchuk, Ryan Serhand, Jocko Willink, Russell Brunsson, Andy Frisella, and Tom Ferry. Listen to today's episode on how Mike was able to acheive financial freedom through bigger cashflow!
On this episode you'll learn:
-Mike's background and his transition to real estate
-How Mike was able to grow his business from nothing to $1million in revenue
-The power of masterminds
-How to get out of analysis paralysis
-Mike's path to expand his company with key players
-KPI's and Lead/Lag Measures
-The importance of processes/systems
-Flip hacking live Event
Contact Info:
Mike's Book: https://www.amazon.com/Level-Jumping-business-million-profits/dp/1734832703
Flip Hacking Live: https://bestrealestateevent.com/
Mike's Podcast: https://mikesimmons.com/juststartrealestate/
Show notes:
Today on the show we have Neil Goradia, CEO of Go Indy Real Estate. Neil is an experienced real estate developer, purchasing and brokering hundreds of Single Family, Multi-unit, and Commercial deals in Indianapolis. With a background in Mechanical Engineering from Purdue University, he began acquiring rental properties with Co-Workers after reading the little purple book, Rich Dad Poor Dad.
Fast forward to 2014, he was able to live off his rental income and quit his W2 to work on his Real Estate business full-time. He has developed 73 lots spanning across 40 acres and is in the process of working on a 137 lot project.
On this episode you'll learn:
-Neil’s background and how he got started in real estate
-How networking landed Neil a large portfolio deal
-Neil’s transition into Land Development
-Whey Neil has gone into land development
-The typical sellers of land parcels
-How Neil is financing some of these deals
-Besides Land Developments how Neil generates his cashflow
-Neil’s future goals short and long term
-Advice for new investors
Contact Info:
Facebook: https://www.facebook.com/neil.goradia
LinkedIn: https://www.linkedin.com/in/neil-goradia-22140a4
Show notes:
Adam is an active duty Marine and real estate investor who’s read over one hundred books and listened to thousands of podcast episodes during his journey. He currently owns two single-family rentals and a duplex and provides private lending for other real estate investors. He’s purchased his primary residence using a VA loan, bought rentals in cities he’s never been to and also invested in multifamily syndications as a limited partner.
His due diligence and investing techniques have saved him tens of thousands of dollars by allowing him to identify and avoid bad deals. He is on the show to talk about his investing strategy that will help him grow his portfolio through residential and commercial multifamily.
On this episode you'll learn:
-Adam’s background and his journey to real estate investing
-Starting with your why and working back from there
-Being intentional with your finances
-The process in how found Adam came up with his criteria
-Case study from his turnkey deal
-The importance of inspections when under contract
-Adam’s first offer on a commercial multifamily property
-Adam’s next steps and future goals
Contact Info:
Linkedin: https://www.linkedin.com/in/adamwhitney1/
Instagram: https://www.instagram.com/rei_aw/
Facebook: https://www.facebook.com/adam.whitney.will.to.win/
Show notes:
Gabriel Hamel is a Real Estate Investor who’s passion for Real Estate, Business, and Financial Freedom has helped him to amass a Multi-Million dollar Real Estate Portfolio consisting of Single Family Homes, Multi-Family Apartments, Commercial Real Estate, and Mobile Home Parks.
From humble beginnings, a book on Real Estate, and a strong desire for financial freedom, Gabriel set out to find creative ways to start purchasing income producing investment Real Estate. Gabriel is a strong advocate of financial literacy through self education.
On this episode you'll learn:
-Learn more about Gabriel’s background and his fascinating journey to financial freedom.
-How Gabriel used no money down loans and seller-financing to acquire homes in his portfolio.
-Find out more about how Gabriel is refinancing his seller-financed deals and buying more.
-Some of the benefits of seller-financing and how Gabriel finds these deals.
-What’s the ideal situation for seller financing
-Negotiating tips/tactics
-How the seller is protected through a first-position lien and what happens if you default.
-Learn more about Gabriel’s ideas of financial and time freedom and how he’s achieved it.
-Why Gabriel ultimately chose not to syndicate: It’s all about saving time!
-The hardest part of financial freedom, Gabriel’s preparation for the downturn, and more!
Contact Info:
Website: https://hamelinvestments.com/
Instagram: https://www.instagram.com/gabrielrhamel/
Show notes:
Peter, founder of Real Estate 101 and co-author of Commercial Real Estate Investing for Dummies. His book provides a straight forward step-by-step guide for real estate investors. Whether you're just getting started or have a portfolio for your own, Peter's methods provide another strategy to add to your toolbox.
Peter first started off as an auto mechanic, buying his first commercial property in 1990 and has never looked back. His strategies have made it possible for thousands of people all across the world to make the transition to full-time real estate investors. We're excited to have him on the show today to talk about Commercial Lease Options.
On this episode you'll learn:
-Peter’s background and his path to becoming financially free through real estate
-The transition from W2 to full time real estate investor
-Biggest fears when it comes to real estate investing and how to overcome them
-How commercial lease options work
-Some criteria that Peter looks for in a commercial lease option deal
-A case study on a commercial lease study
-Biggest obstacle that Peter has ran into in his investing journey
Contact Info:
Website: https://realestate101.com/
Peter’s New Book: https://www.real-estate-101.com/peters-free-book-podcast
Show notes:
Damion Lupo is a real estate investor, entrepreneur, and author of 11 best selling books. Damion became a multimillionaire by 25 and lost it all ($20 million) by 30. After this devastating loss, Damion refused to give up and rebuilt his entire fortune.
Damion founded Total Control Financial in 2010 in order to help others reach financial freedom. His company focuses on qualified retirement plans which are much flexible than traidtional IRA's and 401k's. The main focus of Damion's company is to take money out of Wall Street and put it into Main Street's hands.
On this episode you'll learn:
-Key lessons that Damion learned from rebuilding his fortune
-Short falls of a 401k plans
-Alternatives to 401k plans
-eQRP overview and what it can do for investors
-Differences between SDIRA and eQRP
-Ideal candidates for eQRP
Contact Info:
Website: https://damionlupo.com
Total Control Financial: https://www.totalcontrolfinancial.com/
Free Report on eQRP: Text EQRP to 7200
Show notes:
Carl is the founder of Dealmaker Wealth Society, entrepreneur, and corporate dealmaker who has worked on more than 330 transactions worth close to $48 billion dollars. Carl has advised some of the world’s largest corporations, such as Bank of America and Hewlett-Packard on investments and acquisitions making him an expert in his field. Today he is on the show to share his insights on buying, growing, and selling businesses.
On this episode you'll learn:
-Carl's background and his method of cashflow
-Myths of becoming an entrepreneur
-The difference between an owner or an investor
-3 checks before buying your first business
-Finding sectors that are not prone to disruption
-The 3 types of employees you'll find in the businesses
-How businesses are typically valued
-Some team members to have when you're buying businesses
-Why businesses are such great cash-flowing assets
Contact Info:
Website: https://trainwithcarl.com/cashflow
LinkedIn: https://www.linkedin.com/in/iamcarlallen
Show notes:
AJ is real estate investor and self described "Freedom Fighter" who has built up $100 million portfolio in real estate. It wasn't until AJ became paralyzed from head to toe and place on life support that he realized how important cash flowing assets were for him and his family. Today AJ talks about his journey about how cash flowing assets literally saved his life.
AJ first started off in insurance - however realized that he would need to continue to work in order to generate income. This is where he added the shift of adding real estate to his portfolio. It wasn't until AJ had a very serious illness that left him paralyzed from head to toe. Real estate was able to keep them afloat even when he was not able to work his W2 job. Today he is in an awesome place - his health is coming back and has built up a massive $100 million real estate portfolio.
On this episode you'll learn:
-AJ's story and how his portfolio saved his life
-How AJ found his criteria and how self storage fit that model
-How to correctly identify opportunity
-Why Self Storage is such a great asset class
-A case study on a self storage deal
-The "Stack" Method
-Focusing on the market today
Contact Info:
Website: https://cashflow2freedom.com
Instagram: https://www.instagram.com/ajosborne/
New Book: https://www.amazon.com/Investors-Guide-Growing-Wealth-Storage
Show notes:
Anna is the President and CEO at MainStreet Financial Planning Inc. She is passionate about everything in personal finance and helping others achieve financial freedom.
MainStreet Financial Planning Inc. is a fee only financial planning firm founded in 2002. Anna joined the team and became the president in 2006. Anna's long term goal is to grow Mainstreet into a household brand for financial planning.
On this episode you'll learn:
-Anna's Background and how she became a CFP
-Differences between a CFP vs a Financial Advisor
-The concept of Money Roadmap
-Anna's definition of financial freedom
-Different types of cashflowing assets
-How to pick your financial planner
-Money Dates w/ your partner or yourself
Contact Info:
Instagram: https://www.instagram.com/anna8sergunina
LinkedIn: https://www.linkedin.com/in/anna-sergunina-b5a762182
Show notes:
Today we are excited to have Ramsey on the podcast. Ramsey is currently working at CoreVest Finance and is helping investors obtain portfolio financing. Ramsey is also an investor himself, growing up while also working on rentals with his family. He currently owns a portfolio in the Pittsburgh market.
CoreVest Finance was founded in 2014 to meet the demand for affordable capital for a broad range of residential real estate investors. CoreVest's goal is to help investors scale by bringing attractive loan products to investors. To date, CoreVest has funded more than 40,000 units, closing over $6 billion in loans processed! Bo was able to use CoreVest to help scale his portfolio to where he is today. Please follow along to see the world of commercial lending and what you can expect when working with CoreVest!
On this episode you'll learn:
-Ramsey's background and his work at CoreVest
-Introduction to CoreVest's Rental Portfolio Product
-Differences between commercial lending vs the conventional lending
-Some criteria that commercial lenders are looking for - specific to CoreVest
-The application process with CoreVest
-The underwriting process with CoreVest
-How LLC's play into the commercial portfolio lending
-LTV requirements from CoreVest
-General Terms that you might see working with CoreVest
-Some things to look out for such as prepayment penalty with Commercial Portfolio loans
-Other Products that CoreVest offers
Contact Info:
Website: https://www.corevestfinance.com/LinkedIn: https://www.linkedin.com/in/ramsey-kassih
Show notes:
Kris started his real estate investing journey like most investors, after realizing that his W2 was his only stream of income - he wanted to diversify into other streams. From there Kris was able to build a portfolio of 22 units consisting of single family or small multifamily properties all while working his W2 job. After getting to 22 units Kris had a mindset shift, wanting to move into more bigger deals. He was able to segway into a 64 unit ground up commercial deal. After successfully completing this project, Kris knew that he wanted to continue on commercial investing - but had stumbled upon self storage buildings. After diving deeper into self storage he knew that was the asset class he wanted to be in.
Today, Kris is with Reliant Investments as the Chief Investment Officer. Kris leads and manages the company's investment committee, which determines what self storage properties to purchase with their investors. Along with being part of this community, Kris also manages the investor relations securing capital at Reliant Investments.
On this episode you'll learn:
-Kris' W2 story and his shift into Real Estate
-The mindset shift into bigger deals
-Ground up development
-Syndication Investing
-Why self storage is a strong asset class
-Value Add techniques for Self Storage
-Investing tips as a limited partner
Contact Info:
Website: https://www.krisbenson.com/
LinkedIn: https://www.linkedin.com/in/kris-benson
Show notes:
Nick started his journey like most of us, in a strong W2 job that he has built a career in. Spending time in his career at some big name companies such as Corsair and Razer. Nick realized that while he loves his W2 job, he wanted more consistent cashflow that was not dependant on his W2 job.
In the short 2 years that Nick has found real estate, he has grown his profile to over 46 units! First starting off with a house hack in his local market, then expanding out into out of state markets.
On this episode you'll learn:
-Nick's background and his beginning journey into Real Estate
-Investing out of State
-BRRRR method investing
-Creative Financing
-Structuring Deals with Partners
-Equity vs Cashflow
-Due diligence tips and tricks
Contact Info:
Website: https://giulionirealestate.com/
BiggerPockets Profile: https://www.biggerpockets.com/users/nickg45
Show notes:
Sunitha had a professional tennis career at the age of 14 for nearly a decade. At 23, she found herself retiring from pro tennis and had a 6th grade level education along with little savings. She was committed to find a way to better her personal finance!
Fast foward to today - Sunitha was able to attend a fantastic undergrad school at Babson, then completing her MBA at Villanova. She entered into the W2 space in Financial planning, however she shortly realized that she was confined to a single source of income. She then began her quest into other sources of bigger cashflow. She eventually stumbled onto real estate investing and has been hooked ever since!
Since 2018, Sunitha has acquired and is living in a house hack as well as purchasing 7 units! Starting off in a high income market (Boston) and then eventually leverage a remote W2 to live where she is investing!
On this episode you'll learn:
-Sunitha's career in pro sports and her transition out of it
-Living in a high cost market and investing out of state
-Finding an out of state market
-Sunitha's move from Boston to Indy
-Her first deal and property classes
-Sunitha's approach to her rental investing
-Tips and tricks on building a team
Contact Info:
Website: https://www.griffixpropertygroup.com/
Email: sunitha@griffixpropertygroup.com
Show notes:
Ryan has been in the real estate field for nearly 20 years now. He started his career off as an agent, quickly achieving accolades such as "Real Estate Rookie of the year" and his company won "Best of State" as well. While working as an agent, Ryan would work along side investors helping them secure properties. However Ryan realized that he wanted to be on the buyer side and become a fix and flipper himself. After completing several hundred successful flips Ryan wanted to shift his focus and help investors get the funding they need quickly and from reputable sources.
With this new focus in mind Ryan created DoHardMoney.com. DoHardMoney is a hard money lender that can provide a plethora of products such as no money down (good credit and track record required). Ryan has committed himself to helping others find a fantastic lender that they can trust.
Today, Ryan is still running DoHardMoney along with helping new investors achieve their goal of bigger cashflow!
On this episode you'll learn:
-Ryan's story and his intro to real estate and lending space
-Hard Money vs Private Money
-Do Hard Money lending criteria
-Mistakes that some investors will make
-Challenges that fix and flippers may face when using HML
-Estimating rehab costs from the lender perspective
-Tips for finding contractors
-Current climate of HML lenders
Contact Info:
Website: https://www.dohardmoney.com/
BiggerPockets Profile: https://www.biggerpockets.com/users/ryangwright
Show notes:
Paul started his career in a W2 at Ford Motor Company after earning an MBA from Ohio State. After 5 years at Ford, Paul started a staffing company with a partner.
Five years later, Paul and his partner sold the staffing company to a publicly traded firm for $2.9 million.
Paul later entered the real estate sector where he flipped over 50 homes and 25 high end water-front lots. Along with flipping, Paul developed a subdivision, started two successful online real estate marketing firms, as well as appearing on HGTV's House Hunters!
After three more successful developments, including the development of the Hyatt hotel and a multifamily project, Paul entered the commercial multifamily market. Since then Paul has written a book - The Perfect Investment: Create Enduring Wealth from Historic Shift to Multifamily Housing, and is a co-host of the wealth-building podcast: How to Lose Money.
On this episode you'll learn:
-Paul’s background and journey in business, real estate, and entrepreneurship
-The pros and cons of stocks, bonds + mutual funds
-The pros and cons of commercial real estate
-The difference between investing and speculating -and why you don’t want to confuse the two
-The challenges of being an active investor
-The commercial value formula
-Understanding commercial real estate from the lens of an LP
-Simple things operators can do to increase income
-Simple things operators can do to compress the cap rate
-Wellings Capital’s strategy in 2020 and beyond
Contact Info:
Website: https://www.wellingscapital.com/about
Show notes:
Chris Grenzig focuses on managing, sourcing, evaluating, and acquiring new assets for Toro’s Multifamily Portfolio. Also, he contributes substantially to capital raising, negotiating joint ventures, financings, and dispositions. Chris has been with Toro since 2016 and has contributed to over 2600 units acquired worth over $155 mil.
Before joining Toro Real Estate Partners, Chris worked in finance at small boutique firm in Rockville Centre, NY. Chris graduated Hofstra University where he earned his Bachelor’s in Business Management, and played Division 1 soccer for 4 years on scholarship.
On this episode you'll learn:
-Chris’s Background and how he got started in Real Estate
-Buying a Course / Paying for a mentor
-Flipping vs Buy and Hold
-Starting with smaller Multifamily
-Partnering up with experienced investors
-Scaling and syndicating larger Apartments
-Evaluating Deals
-Value Add Elements / Things to look for
-Managing a Multifamily Apartment Portfolio
Contact Info:
Youtube: https://www.youtube.com/watch?v=_jh7NVcTiDY
Investing: https://tororep.com/our-team-v2/
Show notes:
Join Bigger Cash Flow host Bo Kim on his new series “Buying Your First Rental Property” in 2020. Bo has acquired over 61 rental units over the past three years using various strategies such as BRRRR, Seller Financing, Private/Hard Money, Portfolio Lending, Subject To and Partnerships using little to none of his own money. Bo is passionate about sharing his story on how the average person can create wealth through real estate and generate passive income.
On this episode you'll learn:
- Next steps after closing on your property
- Managing your Managers
- Record keeping and maintenance
- Financial Review
- Spend less and Invest the difference
- Private Lenders
- BRRRR
- HELOC
- Portfolio Lending/Commercial Financing
- Partnerships
Contact Info:
Instagram: @biggercashflow
Email: bo@biggercashflow.com
Show notes:
Join Bigger Cash Flow host Bo Kim on his new series “Buying Your First Rental Property” in 2020. Bo has acquired over 61 rental units over the past three years using various strategies such as BRRRR, Seller Financing, Private/Hard Money, Portfolio Lending, Subject To and Partnerships using little to none of his own money. Bo is passionate about sharing his story on how the average person can create wealth through real estate and generate passive income.
On this episode you'll learn:
- Offer Acceptance
- Earnest Money Deposit
- Home Inspection / Due Diligence
- Title Work Review
- Renegotiation
- Mortgage Approval / Appraisal
- Signing Closing Documents
- Preparing for Property Management / Rehab
Contact Info:
Instagram: @biggercashflow
Email: bo@biggercashflow.com
Show notes:
Join Bigger Cash Flow host Bo Kim on his new series “Buying Your First Rental Property” in 2020. Bo has acquired over 61 rental units over the past three years using various strategies such as BRRRR, Seller Financing, Private/Hard Money, Portfolio Lending, Subject To and Partnerships using little to none of his own money. Bo is passionate about sharing his story on how the average person can create wealth through real estate and generate passive income.
On this episode you'll learn:
- Gathering the facts
- Property Selection Criteria
- Quantitative vs Qualitative Analysis
- Lead Generation “Funnel”
- Determining your Cash Flow
- How much you will need to close
- Calculating ROI
- Rookie Investor Mistakes
Contact Info:
Instagram: @biggercashflow
Email: bo@biggercashflow.com
Show notes:
FS Houses is an innovative real estate company owned and operated by Ryan and Ashley Mullin, with a combined 20 years of experience between the 2 founders, their focus is to bring affordable yet unique houses to urban Indianapolis neighborhoods.
Ashley moved to Indianapolis for her sophomore year of high school at Bishop Chatard. In 2005, she graduated with an accounting and finance degree from the Kelley school of business at IU. Shortly thereafter, she took a job running a property management / real estate investing start up company that she helped grow from 75 doors in 2006 to over 1100 doors under management in 2013. With over a decade of experience, Ashley has seen and dealt with just about every situation in residential real estate.
On this episode you'll learn:
1) Ashley’s background
2) FS Houses PM side business model
3) Why Indy? Characteristics of the Indy Market
4) Tenant Pool Demographics / Screening Process/Qualifications
5) How FS works with investorsIdeal Partnership
6) COVID impact on Property Management
- Reviewing April / Looking ahead to May
- Physical/Economic Vacancy?
- Average time to fill a vacancy (rough estimate?)
- Marketing Strategies?
- How can Investors better prepare for these situations?
- What makes a successful investor?
Contact Info:
Instagram: @biggercashflow
Email: bo@biggercashflow.com
www.FSHouses.com/rent
Show notes:
Join Bo as he talks about the impact of COVID-19 / Coronavirus on Real Estate with fellow Indianapolis Investors Nick, Dan, and Mihir.
On this episode you'll learn:
1) Introductions
2) Recapping the month of April 2020
3) Tips on managing pm/tenants
4) Should we be buying? (e.g. buy and hold, flips, what kind of assets? Neighborhoods? rent ranges?)
5) Personal thoughts impact of covid on the economy and real estate and lessons learned so far
6) Investing Strategies: What will change going forward, if any.
7) Lending: What are we seeing in the market
8) How can we prepare for new opportunities (e.g. Direct marketing, education, networking, branding, systems/processes
Contact Info:
Instagram: @biggercashflow
Email: bo@biggercashflow.com
Nick’s Blog: https://giulionirealestate.com/living-on-the-principle-blog/partnering-with-residents-through-a-pandemic
Show notes:
Join Bigger Cash Flow host Bo Kim on his new series “Buying Your First Rental Property” in 2020. Bo has acquired over 61 rental units over the past three years using various strategies such as BRRRR, Seller Financing, Private/Hard Money, Portfolio Lending, Subject To and Partnerships using little to none of his own money. Bo is passionate about sharing his story on how the average person can create wealth through real estate and generate passive income.
On this episode you'll learn:
- Types of Financing
- Cash vs Credit
- Conventional Financing
- Fannie Mae, Freddie Mac
- FHA Programs
- VA Loans
- Portfolio Lenders (Credit Unions/Local Banks)
- Questions to ask your lender
- Pre-Approval Documents
Contact Info:
Instagram: @biggercashflow
Email: bo@biggercashflow.com
Attention all SoCal Investors: Passive Investing Real Estate Summit Hosted by ThinkMultifamily is coming to Newport Beach, CA on Saturday, March 14th, 2020 at the Resort on Pelican Hill. BiggerCashFlow listeners get 10% off when they register using my code “PASSIVE10” at https://thinkmultifamily.com/passive-investing-real-estate-summit/#speakers. Get your early bird tickets today!
Show notes:
Join Bigger Cash Flow host Bo Kim on his new series “Buying Your First Rental Property” in 2020. Bo has acquired over 45 rental units over the past two years using various strategies such as BRRRR, Seller Financing, Private/Hard Money, Portfolio Lending, Subject To and Partnerships using little to none of his own money. Bo is passionate about sharing his story on how the average person can create wealth through real estate and generate passive income.
On this episode you'll learn:
- Self Managing vs Hiring a Third Party Manager
- Benefits of Hiring a PM
- What does a PM do?
- Managing the Manager (Best Practices)
- How to find a Broker/Agent
- Questions to ask a Broker
- How to find a General Contractor
- Questions to ask a GC
Contact Info:
Instagram: @biggercashflow
Email: bo@biggercashflow.com
Attention all SoCal Investors: Passive Investing Real Estate Summit Hosted by ThinkMultifamily is coming to Newport Beach, CA on Saturday, March 14th, 2020 at the Resort on Pelican Hill. BiggerCashFlow listeners get 10% off when they register using my code “PASSIVE10” at https://thinkmultifamily.com/passive-investing-real-estate-summit/#speakers. Get your early bird tickets today!
Show notes:
Join Bigger Cash Flow host Bo Kim on his new series “Buying Your First Rental Property” in 2020. Bo has acquired over 32 rental units over the past two years using various strategies such as BRRRR, Seller Financing, Private/Hard Money, Portfolio Lending, Subject To and Partnerships using little to none of his own money. Bo is passionate about sharing his story on how the average person can create wealth through real estate and generate passive income.
On this episode you'll learn:
- Cyclical vs Linear Markets
- Location, Location, Location
- Population Growth
- Job Growth and Economic Diversity
- Crime Rates
- Neighborhood Classes
- State and Local Taxes
- Turnkey Providers
- Underwriting Your Markets
- Verifying Proof of Concept
Contact Info:
Instagram: @biggercashflow
Email: bo@biggercashflow.com
Attention all SoCal Investors: Passive Investing Real Estate Summit Hosted by ThinkMultifamily is coming to Newport Beach, CA on Saturday, March 14th, 2020 at the Resort on Pelican Hill. BiggerCashFlow listeners get 10% off when they register using my code “PASSIVE10” at https://thinkmultifamily.com/passive-investing-real-estate-summit/#speakers. Get your early bird tickets today!
Show notes:
Join Bigger Cash Flow host Bo Kim on his new series “Buying Your First Rental Property” in 2020. Bo has acquired over 32 rental units over the past two years using various strategies such as BRRRR, Seller Financing, Private/Hard Money, Portfolio Lending, Subject To and Partnerships using little to none of his own money. Bo is passionate about sharing his story on how the average person can create wealth through real estate and generate passive income.
On this episode you'll learn:
- Lessons from Rich Dad Poor Dad
- Determine your WHY
- Real Estate Strategies
- Short-term goals
- Long-term goals
- Big Picture, Small Actionable Steps
- Action Items
Contact Info:
Instagram: @biggercashflow
Email: bo@biggercashflow.com
Show notes:
Garrett Hawk joins us this week and shares his story of how he has acquired over 300 units at only 27 years old. Garrett dropped out of college at 19 to start buying rental properties in the small college town where he lived. He has experience in working other businesses such as owning gas stations and will share how he grew his portfolio to 56 units with his own money. Since then, he has become an expert on finding ways to partner and leverage equity to keep growing his portfolio and help others invest in real estate.
On this episode you'll learn:
- Garrett’s Background
- Experience owning gas station business
- Transition into multifamily apartments
- Seller financed, creative real estate investments
- Managing rental properties
- Creating win-win relationships
Show notes:
Natali Kolodij started working in public accounting around the same time she started investing in real estate these two topics have always gone hand-in-hand.
She recently left her comfortable office job to work with the clients she knows and love best- investors. After investing in real estate markets, both in the Pacific Northwest and beyond, She found that specialized tax acumen for investors was woefully lacking.
She believes no two real estate deals are quite the same, and neither are any two investors' tax strategies. Each individual tax plan is like a puzzle and Natalie’s job is to fit the pieces together in a way that helps investors make the most of your investment.
On this episode you'll learn:
- Tax Overview
- Entity Selection
- Common Deductible Expenses
- Capital Improvements vs. Repairs & Maintenance Expenses
- Capital Gains Tax and Depreciation Recapture
- Passive Losses, Passive Activity Limits & The Real Estate Professional Status
- Capital Gains Tax and Depreciation Recapture
- Pass-Through Deduction (199A Deduction)
Contact Info:
Website: https://www.kolotax.com/
Show notes:
LANE KAWAOKA have been investing for over a decade and now controls 2,600+ units. As owner of CrowdfundAloha.com, SimplePassiveCashflow.com, and ReiAloha.com, Lane is responsible for finding investment opportunities, analysis, and marketing the deal. In addition to working as an engineer, Lane has real world experience working as a project manager for over $230 million dollars of capital construction projects in both the public and private sector.
Working as a high paid professional in Corporate America and frustrated by the traditional wealth building dogma, Lane was compelled to inspire and mentor other working professionals via his top rated podcast at SimplePassiveCashflow.com.
On this episode you'll learn:
-
Lane’s Background and experience in REI
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How and why did you get into real estate investing?
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What markets do you invest in and where do you find your deals?
-
How did you get into multifamily?
-
Biggest lesson learned?
-
Personal finance tips and/or tricks?
-
One thing you would like to share with the BCF listeners?
Contact Info:
Email: Lane@SimplePassiveCashflow.com
Website: https://simplepassivecashflow.com/
Facebook: https://www.facebook.com/SimplePassiveCashFlow/
Show notes:
Bill Manassero is a real estate investor, blogger, and host of the popular podcast called the Old Dawg’s REI Network, an educational endeavor for people 50 years of age and older interested in real estate investing. Prior to real estate he worked in the tech industry for many years and eventually moved to Haiti with his family for 12 years, where they established Child Hope International, comprised of medical clinics, orphanages, schools, and entrepreneurial training.
In 2014 he bought his first rental property at age 58 and he has a goal of buying 1000 units by 2020 to create passive income for retirement, fund their mission in Haiti, and leave a legacy for their children.
On this episode you'll learn:
- Bill’s background and experience in REI
- Experience in Haiti
- Real Estate Investing Goals
- Benefits of Multifamily Investing
- Market research/financing
- Lessons learned
- Looking ahead/scaling portfolio
- Podcast and purpose of “Old Dawgs REI”
Contact Info:Email: info@olddawgsnetwork.com
Website: https://olddawgsreinetwork.com/
Show notes:
Marco Santarelli is the host of the Passive Real Estate Investing Podcast and the founder of Norada Real Estate, a premier real estate investment firm. His mission is to help people create financial freedom by taking the guesswork out of investing, and he has been helping investors create wealth and passive income for the past 15 years. His team is dedicated to researching top real estate growth markets and structuring complete turnkey real estate investments to minimize risk and maximize profitability.
On this episode you'll learn:
- Background and experience in REI/Origin Story
- 10,000 ft overview on turnkey business
- How did you get started in real estate investing and what have you done to be successful?
- What should one consider when searching for a market to invest?
- You talk about being “market agnostic.” Why does that matter and how can someone invest in any market in the US?
- How many out of state investors do you work with? Are there any nuances or pitfalls that remote investors should be aware of?
- How do working on your mindset and personal development contributed to financial success?
- How can people learn more about your work and invest with you?
Contact Info:Facebook: https://www.facebook.com/NoradaRealEstateInvestments
Website: http://www.noradarealestate.com/
Show notes:
Mark Roderick is one of the leading Crowdfunding and Fintech lawyers in the United States. Expanding on his over 20 years of in-depth knowledge of capital-raising and securities law, Mark represents many emerging portals and other players in the Crowdfunding field. He writes on the popular blog, crowdfundattny.com, which provides readers with a wealth of legal and practical information for portals, issuers and investors. He also speaks at Crowdfunding events across the country, and represents industry participants across the country and around the world.
On this episode you'll learn:
- Mark’s background and experience in Real Estate
- An attorney’s take on real estate crowdfunding.
- 3 flavors of crowdfunding.
- When can crowdfunding be advantageous or disadvantageous?
- How can newer operators and deal sponsors safely raise capital
- Avoiding liability
- Role of the SEC
- Red flags to watch out for as a passive investor/limited partner
- The new tax laws for real estate: Opportunity Zones, etc.
**Contact Info:
Email:** Mark.Roderick@flastergreenberg.com
Website: www.Crowdfundattny.com
Anthony works at Drive Planning as a financial consultant and he offers alternative strategies to creating wealth built on the principles of the wealthiest families. His work embodies the Drive Planning motto, “Keep More, Make More, Live More.”
Anthony conducts 1-on-1 consultations, social meetups and large speaking events for those seeking a healthy, friend filled and free life. His work with Drive Planning has earned him a managing director role where he leads the team in Florida living with His wife and his two children
On this episode you'll learn:
- Anthony Ornella bio/background
- Anthony's business and what services/products you provide
- What is cash flow banking
- Benefits and advantages of cash flow banking
- Myths about life insurance (what differentiates this from other policies?)
- Indexed Universal Life Insurance (IUL)
- Importance of Human Capital
- Where can our listeners find more about this strategy
**Contact Info:
Email:** anthony.ornella@driveplanning.com
Website: www.driveplanning.com
Jimmy Murray is a millennial real estate investor that leveraged his investing prowess to become a Corporate Dropout by the age of 28. Jimmy began by house hacking his way to owning $1M worth of Real Estate in 4 years all while never paying a mortgage. Jimmy is also co-owner of Lyon Property Management, a company that manages 450 units in the Rhode Island and South Eastern Massachusetts region.
On this episode you'll learn:
- Please tell us a little more about yourself and what you’re currently doing to create cash flow.
- How and why did you get into real estate investing
- What led you to start your property management business?
- First deal or Best Deal?
- Biggest lesson learned?
- Personal finance tips and/or tricks?
- What is your WHY, and what are some goals?
- Advice for your younger self in High School?
Contact Info:
Website: www.LyonPropertyGroup.com
Greg is a serial entrepreneur, real estate developer, coach and mentor. Over the past 20 years he has bought, developed and sold over $250 million in real estate, built and renovated hundreds of custom homes and commercial buildings and started 12 different companies from the ground up.
Greg purchases, renovates and repositions distressed and heavy value add properties and develop ground up commercial, residential, multifamily and industrial buildings located in strong markets primarily throughout the Southeast United States with steady job growth, population growth and demand generators such as local, state and federal governments, universities, medical centers and corporate offices.
On this episode you'll learn:
- Greg’s background and experience in Real Estate
- How and why did you get into real estate investing
- What markets do you invest in and where do you find your deals?
- What type of asset classes do you invest in?
- What market cycle are we current in?
- How should investors approach real estate in 2019?
- Worst deal or Biggest lesson learned?
- Personal finance tips and/or tricks?
- One thing you would like to share with the BCF listeners?
Contact Info:
Email: Greg@GregDickerson.com
Website: www.GregDickerson.com
Brad is a real estate investor and host of the top 100 business podcast, Investor Creator. He owns and manages a 7-figure per year flipping business, and holds notes across Middle Tennessee. Brad’s company has invested in 14 states, and has completed hundreds of transactions. Brad teaches new and seasoned real estate investors how to take your house flipping business to multiple 6 or 7 figure income, without sacrificing your freedom. Brad can talk about lead generating, negotiating, wholesaling, deal structure, mindset, entrepreneurship...anything related to business and the processes to get the job done.
On this episode you'll learn:
- Brad’s background and experience in Real Estate
- How and why did you get into real estate investing
- What markets do you invest in and where do you find your deals?
- How do you finance your deals? How did you scale your business?
- How do you negotiate your deals
- Worst deal or Biggest lesson learned?
- Personal finance tips and/or tricks?
- One thing you would like to share with the BCF listeners?
Contact Info:
Brad’s website: http://www.bradsmotherman.com/
Brad’s podcast: Investor Creator
Before you go! I wanted to share some valuable tools when it comes to Real Estate Investing.
As you guys know from my previous episodes, whether you have one rental property or a hundred, I believe that you must create systems and checklists to start working on your business not in your business. IPM has dozens of great templates that landlords can use such as cleaning checklists, lease agreements, eviction notices and much more.
Furthermore, they are also a one-stop-shop when it comes to reviewing the best products and services available for landlords. Check out their review of the Top 7 Online Rent Payment System for 2019 as you look to incorporate online bill pay and tenant tracking.
Happy investing! We’ll see you right back here next week for another exciting episode of the Bigger Cash Flow Podcast
Jason Parker is the best selling author of Sound Retirement Planning and host of Sound Retirement Planning Radio show. Jason has had a passion for finance his whole life, and with help from his mentor, he turned his passion into a business. Parker Financial is an independent, fee-based, registered investment advisory firm, and operates as an executor (we will get to what that means on the show). He is also the inventor of the Retirement Budget Calculator, which is a tool used to take the stress out of retirement planning. He has appeared as a regular guest on ABC, Fox, and NBC, and now on the bigger cash flow podcast, to share his insights into personal finance, budgeting, cash flow, and retirement planning.
On this episode you'll learn:
- Background/How you got into financial planning/retirement
- One financial lesson that can help most people become wealthy
- Why is time important to understand when it comes to investing
- Cash flow vs networth in retirement
- What is the worst mistake you have personally made with money/business
- Real Estate and retirement
- How can people find joy, peace & contentment
- Why did you create the retirement budget calculator
Contact Info:
Email: jason@parker-financial.net
Website:http://soundretirementplanning.com/
Alex Craig became a Real Estate Investor in 2007, after eight years of working in corporate america as a National Sales Manager and Director of Marketing for Worldwide Adhesive and Plumbing Manufacturer.
He has since become the cofounder and president of Turnkey Properties, operating and selling homes in Memphis and Little Rock. Their business model enables ownership of cash flowing properties for investors who may not have excellent cash flow opportunities in their own market or simply do not have the time, desire, or expertise to be rehabbers or landlords. Simply put, they have a team in place to do all the work, while you receive monthly rental checks with as little involvement as you desire.
He is a lifetime native of Memphis and outside of work, Alex enjoys travel, playing and coaching basketball and baseball, and spending time with his wife and three daughters.
On this episode you'll learn:
- Intro: Alex’s Bio & Background
- Overview: Little Rock and Memphis rental markets
- How long have you been in business as a Turnkey provider?
- Can you provide a step by step process of what the turnkey purchasing is like with your company?
- What types of neighborhoods do you purchase/sell properties in? A, B, C, D classes?
- What is the rehab process like on each property? What items are replaced?
- Do you provide property management in-house or outsource to a 3rd party?
- How many properties/doors do you manage? And how many employees do you have?
- What is your vacancy rate across your managed properties?
- What is the screening process like for qualifying tenants? Who is your average tenant?
- What is your eviction experience?
- How long does it typically take to fill a vacancy?
- How many out of state investors do you work with? Are there any nuances or pitfalls that remote investors should be aware of?
- Can I fly out and take a tour of your operation and view available properties?
- What is your communication response time for owners and tenants and via what means?
Contact Info:
Email: info@memphisturnkey.com
Website: https://turnkeyinvestproperties.com/
Facebook: https://www.facebook.com/TurnkeyInvestProperties/
J is an Entrepreneur, Technologist, Investor and Advisor. He is the host of the BiggerPockets Business Podcast and author of four BiggerPockets books, including "The Book on Flipping Houses," "The Book on Estimating Rehab Costs," and "The Book on Negotiating Real Estate." He is a Real estate investor that's completed over 400 deals since 2008, including flipping, buy-and-hold, multi-family, notes, lending, development and new construction.
On this episode you'll learn:
- J’s Background/Experience
- How J got started flipping homes/lessons learned
- Should Investors Flip or Buy-and-Hold?
- Real Estate Education for Investors
- J’s top 3 criteria for evaluating new markets
- 50% expense rule
- 1% rent-to-value
- Capital Expenditures/Vacancy
- Yield Curve
- Investing in shifting markets
- Negotiating Purchases
- Estimating Repairs & ARV
- J's Investing systems and processes
Contact Info:
Email: feedback@123flip.com
Website: http://www.123flip.com/
Facebook: https://www.facebook.com/123FlipRealEstate/
J is an Entrepreneur, Technologist, Investor and Advisor. He is the host of the BiggerPockets Business Podcast and author of four BiggerPockets books, including "The Book on Flipping Houses," "The Book on Estimating Rehab Costs," and "The Book on Negotiating Real Estate." He is a Real estate investor that's completed over 400 deals since 2008, including flipping, buy-and-hold, multi-family, notes, lending, development and new construction.
On this episode you'll learn:
- J’s Background/Experience
- How J got started flipping homes/lessons learned
- Should Investors Flip or Buy-and-Hold?
- Real Estate Education for Investors
- J’s top 3 criteria for evaluating new markets
- 50% expense rule
- 1% rent-to-value
- Capital Expenditures/Vacancy
- Yield Curve
- Investing in shifting markets
- Negotiating Purchases
- Estimating Repairs & ARV
- J's Investing systems and processes
Contact Info:
Email: feedback@123flip.com
Website: http://www.123flip.com/
Facebook: https://www.facebook.com/123FlipRealEstate/
Lisa Phillips is a real estate investor, mentor and keynote speaker at multiple workshops and real estate investing seminars. Lisa began her journey during the recession of 2009, where she lost her job and home to foreclosure. Left with a $35K condo, she used her ingenuity to rehab the place herself and took steps to becoming a landlord.
As founder of Affordable Real Estate Investments, she helps Black professionals become rental property owners, and helps them achieve financial freedom by creating: passive income, generational wealth, The freedom to connect to their higher calling and Empowering them to make the world a better place
On this episode you'll learn:
- Lisa’s Background
- Why real estate vs other asset classes
- Lisa’s WHY and motivation
- How to choose a real estate market
- Nuances of investing locally vs out of state
- What are “affordable Sub30K properties?”
- Myths and half truths about Sub30K
- Pros and Cons of Section 8 properties
- Being a profitable AND caring landlord
- Helping the community
Contact Info:
Email: lisaphillipsrei@gmail.com
Website: http://affordablerealestateinvestments.com
Facebook Group: https://www.facebook.com/groups/Sub30kMastermindGroup
Dom is the Chief Freedom Officer and blogger at Gen Y Finance Guy where he aims to inspire and motivate other F.I.R.E. enthusiasts and be transparent in his journey towards financial freedom.
Outside of the blogging world, he is a Millennial Corporate executive who comes from humble beginnings, grew up on welfare, but with grit and hard work, he managed to join the C-suite in his early 30s. Today on the show we will talk about Dom's finance tips and tricks, identifying key skills to help you accelerate your career, and practicing the work life blend.
On this episode you'll learn:
- Gen Y Finance Guy’s background
- Importance of Mentors
- F.I.R.E Movement
- Career Hacking 101 - Moving up the Corporate Letter
- Key skills in business
- Work-life blend (aka lifestyle creation)
- Mindset of a Victor
- Advice to younger self
Contact Info:
Email: mrgenyfinanceguy@gmail.com
Website: https://www.genyfinanceguy.com/
Show notes and more on www.biggercashflow.com
Ryan Mullin is the Managing broker at FS Houses. As an Indy native, he first got involved in real estate in 2003 by house hacking in fountain square. Once Ryan officially caught the REI bug, he started his first Real Estate brokerage back in 2005. Focusing entirely on leasing Ryan and his company would find tenants for landlords and charge a fee of the first months rent. This soon turned into providing rental rate information to Investors and becoming an expert in rental property acquisitions. Since then, Ryan has purchased and structured well over a thousand “buy and hold” and “flip” deals right here in Indianapolis and is a neighborhood expert.
On this episode you'll learn:
- Ryan’s background & experience in REI
- Indianapolis market overview
- Investing in rental properties in Indy
- FS Houses offerings (Brokerage/PM/etc)
- Turnkey vs Do it yourself
- Working with out of state investors
- Grading Indianapolis neighborhoods
- Biggest mistakes made by newer investors?
- Patreon (Investor Education and Deal Sourcing Platform)
Contact Info:
Email: ryanmullin@me.com
Website: https://fshouses.com/
Show notes and more on www.biggercashflow.com
Ryan Mullin is the Managing broker at FS Houses. As an Indy native, he first got involved in real estate in 2003 by house hacking in fountain square. Once Ryan officially caught the REI bug, he started his first Real Estate brokerage back in 2005. Focusing entirely on leasing Ryan and his company would find tenants for landlords and charge a fee of the first months rent. This soon turned into providing rental rate information to Investors and becoming an expert in rental property acquisitions. Since then, Ryan has purchased and structured well over a thousand “buy and hold” and “flip” deals right here in Indianapolis and is a neighborhood expert.
On this episode you'll learn:
- Ryan’s background & experience in REI
- Indianapolis market overview
- Investing in rental properties in Indy
- FS Houses offerings (Brokerage/PM/etc)
- Turnkey vs Do it yourself
- Working with out of state investors
- Grading Indianapolis neighborhoods
- Biggest mistakes made by newer investors?
- Patreon (Investor Education and Deal Sourcing Platform)
Contact Info:
Email: ryanmullin@me.com
Website: https://fshouses.com/
Show notes and more on www.biggercashflow.com
Antoine Martel of Martel Turnkey is a real estate investment expert from San Mateo, California. As a licensed real estate agent and experienced investor, Antoine helps new and seasoned investors realize their financial goals. Martel Turnkey has sold well over $3.5 million cash flowing properties since its inception. Antoine is also host of the, “A Millennial’s Guide to Real Estate Investing,” podcast where he educates investors to realize passive income and financial freedom
On this episode you'll learn:
-Antoine’s background and personal life
-How and why did you get into real estate investing (or start your business)?
-What is your WHY, and what are some goals?
-What markets do you invest in and where do you find your deals?
-How do you finance your deals? How are you planning to scale - go big?
-Why turnkey real estate?
-Biggest lesson learned?
-One thing you would like to share with the BCF listeners?
Contact Info:
Email: antoine@martelturnkey.com
Website: https://martelturnkey.com/
Show notes and more on www.biggercashflow.com
"M.C. Laubscher is the creator and the host of the popular and top-rated business and investing podcast, Cashflow Ninja. M.C. is also the President and Chief Wealth & Investment Strategist of Producers Wealth, a wealth creation firm that serves investors, entrepreneurs, business owners and professionals in the United States & Canada.
His purpose and mission is to help producers and creators create, protect and multiply their wealth in ANY economy & market outside of Wall Street. He has shared these ideas as a guest on several podcasts and is a regular contributor to Grant Cardone TV, Linkedin Pulse and Biggerpockets."
On this episode you'll learn:
-
MC bio/background
-
MC's business and what services/products you provide
-
What is infinite banking
-
myths about life insurance (what differentiates this from other policies?)
-
Who is an ideal candidate for this strategy? (retirement, real estate, business owners, etc?)
-
Where can our listeners find more about this strategy
-
MC’s advice for Bigger Cash Flow listeners!
Contact Info:
Email: mc@mclaubscher.com
Website: http://cashflowninja.com/
Show notes and more on www.biggercashflow.com
Powell Chee, is a real estate investor based in Southern California who focuses on affordable markets with solid returns. The foundation of his success is his ability to constantly build a strong network of local market specialists and out-of-state investors. Since 2017, he has purchased two apartment buildings totaling over 100+ units and is actively pursuing other opportunities. He runs a multi-chapter meetup group called Out-of-State Multifamily Investors which grew to 400+ members in just six months. He resides in Los Angeles with his beautiful and supportive wife Angie.
On this episode you'll learn:
-
Powell's background
-
How and why did Powell get into real estate investing?
-
Why Multifamily Apartments?
-
What markets do you invest in and where do you find your deals?
-
How do you finance your deals? How are you planning to scale?
-
First deal or Best Deal?
-
Worst deal or Biggest lesson learned?
-
One thing you would like to share with the BCF listeners?
Contact Info:
Email: powell@platinumequitypartners.com
Show notes and more on www.biggercashflow.com
Daniel Godbout is an out of state real estate investor and working full time as an IT Director for Sony PlayStation. In 2 years and at 33, Daniel acquired 10 buy and hold rentals across 3 states, invested in multiple crowd funded deals, and in a tech startup. He invests from San Diego California where he lives with his wife and 1 year old son.
On this episode you'll learn:
-
Daniel's background
-
Experience in Real Estate
-
First Turnkey Property
-
Investing in out of state markets
-
Scaling portfolio from 1 to 10 properties
-
Advice to younger generation
Contact Info:
Email: dan@godbout.ws
Show notes and more on www.biggercashflow.com
On today’s episode we have the President/CEO of UDirectIRA services, Kaaren Hall. Despite being in the midst of a recession and mortgage market collapse, Kaaren Hall founded and made resounding success of uDirect IRA Services. The single mom discovered a strategic way to put her 20+ years experience in mortgage banking, real estate and property management to use. The solution was an untapped market for both her skills and for investors – self-directed IRAs. Through uDirect IRA, she has guided tens of thousands of Americans through the process of diversifying their investments using self-directed IRAs. Learn more about Hall and her thriving company at uDirectIRA.com
On this episode you'll learn:
-What is a self-directed IRA?
-What are the benefits of a self-directed IRA?
-Self-directed IRA prohibited transactions
-Roth vs Traditional self-directed IRAs?
-Cost/Fees
-Self-Directed IRA - Real Estate (UBIT, Private Lending)
-Solo 401K - (Eligibility, Cost/Fees)
Contact Info:
Website: https://udirectira.com/
Show notes and more on www.biggercashflow.com
David Hutson is an active duty Army Lieutenant Colonel with 30 years of military service and serves as the Deputy Director of Human Resources for the California Army National Guard.
He began investing in real estate in 2000 when he purchased a fourplex as his first rental property in Sacramento, CA. Today he owns 18 homes in Memphis, TN and Sacramento, CA. He is currently transitioning his portfolio from California to Memphis, using 1031 exchanges. David is also a partner in 16 different syndications covering 41 commercial and residential properties.
On this episode you'll learn:
-David’s background and real estate experience
-How and why did you get into real estate investing?
-What markets do you invest in and where do you find your deals?
-How do you finance your deals? How are you planning to scale - go big?
-Worst deal or Biggest lesson learned?
-Personal finance tips and/or tricks?
-One thing you would like to share with the BCF listeners?
-Advice for your younger self in High School?
Contact Info:
Email: ltchutson@hotmail.com
Show notes and more on www.biggercashflow.com
Mathew is the founder of OCG Properties, LLC, a company that specializes in equity and cash flowing real estate investments. He graduated from UC Santa Barbara with a bachelor's degree in economics with an emphasis in accounting, earning his CPA license while performing audit and taxation engagements at various CPA firms, and worked primarily on large real estate clients.
He currently specializes in value-add cash flowing residential and multifamily real estate investments having purchased and renovated over 700+ properties. Mathew works with investors in multiple ways to acquire real estate in high cash flow markets around the country. He also helps investors develop various cash flow streams through syndications run by professional operators, promissory notes and other real estate related assets. Many of his clients benefit from his knowledge of real estate taxation and due diligence, legal and investment structuring, and long term investment planning and analysis.
On this episode you’ll learn:
-What is private money vs hard money lending
-Advantages of using hard money
-Hard Money Lending Underwriting Process
-Interest Rates and Costs
-Use of LLCs
-Due Dilligence
Contact Info:
Website: https://ocgproperties.org/en/about-ocg/
Sam Kwak is a serial entrepreneur and real estate investor who has come from humble beginnings. Immigrated from South Korea in 1999, the Kwak family only had $2000 cash on hand and lived in a small 1 bedroom apartment in Albany Park, Chicago. Fast forward to today, he has launched several different businesses and has authored a book titled, Fire Your Boss. He and his brother own over 76 rental units and train entrepreneurs and small business owners on how to CRUSH it in real estate investing & marketing.
On this episode you’ll learn:
-
Sam's background and experience in Real Estate
-
Importance of a mentor
-
Value exchange (Whats in it for THEM?)
-
Abundance Mindset
-
Why Real Estate
-
Worst deal or Biggest lesson learned?
-
Price is what you pay, value is what you get
-
Home Equity Line of Credit (HELOC)
-
Advice for your younger self in High School?
Website: https://www.thekwakbrothers.com/home
Tyler Jahnke is the founder of JumpInRealEstate, a blog aimed to help new real estate investors purchase their first rental property. After "jumping in" to his first out of state rental property in October 2016, he created cash flow and also an understanding of systems and processes needed to find success in rental properties.
Website: https://www.jumpinrealestate.com/
On this episode you’ll learn:
-
Tyler’s background and "why"
-
Finding a market
-
Investing out of state
-
Turnkey Rental Properties
-
First Purchase & Problems
-
Overcoming obstacles and scaling portfolio
-
Blog & Journey
Travis Hornsby founded Student Loan Planner after helping his physician wife navigate ridiculously complex student loan repayment decisions. To date, he’s consulted on over $400 million in student debt personally, more than anyone else in the country. He is a Chartered Financial Analyst and brings his background as a former bond trader trading billions of dollars on wall street.
He brings that same intensity to analyzing the best repayment paths for graduate degree professionals with six figures of student debt. He's helped over 1,500 clients save over $80 million dollars on their student loans, and he’s been featured in U.S. News, Business Insider, Forbes, Huffington Post, Rolling Stone, ChooseFi, Bigger Pockets Money, and more.
Website: https://www.studentloanplanner.com
Podcast: https://www.studentloanplanner.com/category/podcast/
On this episode you’ll learn:
-
Travis’ background and introduction to finance
-
Savings/Personal Finance
-
Starting Student Loan planner
-
Current problem - Studen Loan Debt Bubble
-
What can students do about it (Rules of thumb, are these only for high income/high debt or any level?)
-
Public Service Loan Forgiveness
-
Income-driven plan
-
Loan refinance strategy
-
Financial mistakes to avoid
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Plans for 2019 and beyond
Brent is currently invested in 450 multifamily units in Texas, Georgia, and Ohio. He started investing in real estate in 2012 buying, rehabbing, and renting single-family houses in the Dallas, TX area but eventually sold these properties to move into multifamily. He is a protégé of Mark and Tamiel Kenney of Think Multifamily, owners of ~4000 multifamily units across cities like Dallas, Atlanta, and Memphis. Brent has a B.S. in Electrical Engineering from the University of Texas at Austin and is a registered Professional Engineer in the state of Texas.
On this episode you’ll learn:
-Brent’s Bio
-How Brent got started in Real Estate Investing
-Brent’s first deal (Single Family Home)
-Transitioning into MF Investments
-Mindset of a Real Estate Investor
Contact Info:
Brent’s Website: https://www.hellomultifamily.com/
Brent’s Facebook: https://www.facebook.com/brentkawakami
He used to have a corporate day job. Now he’s a full time real estate investor who lives to help others find their way. Paul Thompson is turning his personal story of securing 20 deals in his first 18 months of investing into an inspiration to others. When Paul realized that the perfect time to start investing was never going to come, he jumped in! Now doing about three deals per month, Paul is able to help himself, as well as helping others build wealth with passive cash flow. Today we’re going to learn how Paul acquires his sweetest deals through various networking strategies. We’ll share how you can enhance your communications to overcome the variety of challenges real estate investors face marketing to sellers in the digital age. It’s about having all the right tools.
On this episode you’ll learn:
-Advantages of keeping a W2 job
-Creating streams of income
-Budgeting and cutting expenses
-Private lenders
-Structuring deals with private money
-College education and life
Contact Info:
Paul’s Website: https://www.pauldavidthompson.com/
Paul’s Facebook: https://www.facebook.com/paul.thompson.16100921
Paul’s Podcast: https://itunes.apple.com/us/podcast/ready-investor-one/id1343930864
He used to have a corporate day job. Now he’s a full time real estate investor who lives to help others find their way. Paul Thompson is turning his personal story of securing 20 deals in his first 18 months of investing into an inspiration to others. When Paul realized that the perfect time to start investing was never going to come, he jumped in! Now doing about three deals per month, Paul is able to help himself, as well as helping others build wealth with passive cash flow. Today we’re going to learn how Paul acquires his sweetest deals through various networking strategies. We’ll share how you can enhance your communications to overcome the variety of challenges real estate investors face marketing to sellers in the digital age. It’s about having all the right tools.
On this episode you’ll learn:
-Paul’s Background
-How Paul got started investing in Real Estate
-Paul’s first deal
-BRRRR
-Finding leads using wholesalers
-Power of networking
-Subject-to financing
Contact Info:
Paul’s Website: https://www.pauldavidthompson.com/
Paul’s Facebook: https://www.facebook.com/paul.thompson.16100921
Paul’s Podcast: https://itunes.apple.com/us/podcast/ready-investor-one/id1343930864
Logan Allec is a CPA, real estate investor, and owner of the personal finance blog Money Done Right. After spending nearly 10 years as a tax adviser helping big businesses save money, he launched Money Done Right in 2017 with a mission to help people learn how to make extra money and grow their passive income streams. Logan and his wife Caroline live in the Los Angeles area.
On this episode you’ll learn:
Tax benefits of real estate
DIY or hire somebody
Schedule E basics
Bookkeeping mistakes that we see with newbie investors
Depreciation Expense and myths (Bonus depreciation)
Use of entities (LLC, S-Corp, C-Corp)
Qualified Business Income
How do you use the money in your LLC? Commingling funds.
Contact Info:
Logan’s YouTube Page: https://www.youtube.com/channel/UCQ9WUXlSuLlbi5BLkgtEUEA
Logan’s Website: https://moneydoneright.com
David Pere joined the Marine Corps in August of 2008. Since that time he has lived traveled to and lived in, many unique places around the world, including a combat tour in Afghanistan.
David got started in real estate investing in 2015. He house-hacked a duplex with the FHA loan, and lived in it for a little while until getting married to his beautiful wife Kimberly, and receiving orders to Hawaii. While stationed in Hawaii David bought a 10-unit apartment in Missouri, and has had continued success with real estate investing!
Through these experiences From Military to Millionaire was born, with the goal of teaching personal finance and real estate investing to service members, and the working class!
On this episode you’ll learn:
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Background on David Pere, Military to Millionaire
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How and why did you get into real estate investing?
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Cattle Financing
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Investing in a 10-unit apartment
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How can investors build their own rental portfolio?
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Goals for 2019 and advice for new real estate investors
Contact Info:
David’s YouTube Page: www.youtube.com/frommilitarytomillionaire
David’s Facebook: www.facebook.com/frommilitarytomillionaire
David’s Website: https://www.frommilitarytomillionaire.com/
After a 15 Year Journey to Financial Independence Michael decided to stop working a 9-5 job and instead focus on helping people start their own journey. His year one goal is to help 1,000+ individuals understand the power of cash flowing Rental Properties.
On this episode you’ll learn:
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Background on Michael Zuber, One Rental at a Time
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How and why did you get into real estate investing?
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Story on Norris Drive (Fresno, CA)
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What should investors be aware of when investing in different phases of the market cycle
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How can investors scale their properties?
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Biggest mistake or lesson learned
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Goals for 2019 and advice for new real estate investors
Contact Info:
Michael’s YouTube Page: https://www.youtube.com/channel/UCmK_PnRidizNVNw7FqivYCQ
Michael’s Facebook: https://www.facebook.com/One-Rental-at-a-Time-1378336855605914/
Get a copy of Michael’s book: https://amzn.to/2Ut9Dwb
www.biggercashflow.com
On this episode you’ll learn:
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McKinnis Real Estate Investments background and service offerings for investors
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How and why did you get into real estate investing (or start your business)?
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What are turn-key properties?
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What should investors be aware of when investing in Kansas City
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How should out of state investors approach remote real estate investing
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What are some of your goals in 2019?
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One thing you would like to share with the BCF listeners? Advice for newbies
On this episode you’ll learn:
1) Mel Babtkis, Ross Diversified Insurance Services (experience and services offered to investors
2) Insurance programs for Residential 1-4 unit buildings, and differences between ACV vs Replacement Cost
2) Perils & Coverages
3) How are premiums calculated and what can investors do to get the best rates? How much liability coverage is needed?
4) Deductibles - What type of deductible should an investor get?
5) Process of filing a claim
6) What makes RDIS different from other agents?
7) Asset protection & use of entities - LLC, additional insured (pm), etc.
On this episode you’ll learn:
1) Shawn Huss, Chemical Bank, and their service offerings for investors. How they differentiate themselves from other banks
2) Differences and similarities from primary residence vs Investment properties (rates, downpayments, etc.)
3) Pre-approval and underwriting process (property cash flow, applicant's DTI, credit rating, reserves, etc.)
4) How do investors scale from 1 - 10 properties (differences from property #4-10)
5) Use of Entities - LLCs, S/C-Corps, and how this plays a role in conventional lending
6) Delayed Refinance, Cash out refinance (with seasoning)
7) Current market outlook, interest rates, what should investors be focused on?
On this episode you’ll learn:
Step #1: Set goals/Educate yourself
Step #2: Choose Your Market
Step #3: Build Your Team
Step #4: Figure out Your Financing
Step #5: Start Getting Leads
Step #6: Start Analyzing Deals
Step #7: Offer and Negotiate
Step #8: Closing & Beyond - Owning your portfolio
On this episode you’ll learn:
How Joe got involved in Short-Term Rentals
Starting out
Research
Airbnb Fees
Analyzing a deal
Costs
Furnishing
Insurance/Licenses
Cleaning & Repair
Marketing
Competitive Pricing
Verification
References
Superhost
Case Study
Pros/Cons
Exit Strategy
On this episode you’ll learn:
Buy and Hold Rentals
Income
Depreciation
Equity Paydown
Appreciation
Leverage
On this episode you’ll learn:
Why Real Estate
Historical track record
Tangible Hard asset (you can live in it)
Limited Quantity (Supply and demand)
Control
Passive income (taxes, depreciation, appreciation, loan paydown)
Types of Real Estate Investing
Renting out your home (House Hacking)
Wholesaling (Active)
Flipping (Active)
Commercial (Businesses) & Apartment Syndication (Both GP/LP)
Buy and Hold Rental Properties (BRRRR, turnkey, etc.)
REITs
Private/Hard Money Lending (Notes)
Short Term Rentals (Airbnb, vacation homes)