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SECRETS TO REAL ESTATE INVESTING SHOW

Updated 7 days ago

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Investing
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Secrets to Real Estate Investing Podcast with Holly McKhann. Expert Real Estate Investor and House Flip Master.

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Secrets to Real Estate Investing Podcast with Holly McKhann. Expert Real Estate Investor and House Flip Master.

iTunes Ratings

114 Ratings
Average Ratings
95
10
3
1
5

Highly recommend you listen in

By Keel Team - Jun 18 2019
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Great content on real estate investing

Good

By heatherrjayy - May 31 2019
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Good questions and interesting people but PLEASE get a better microphone it’s awful sound quality.

iTunes Ratings

114 Ratings
Average Ratings
95
10
3
1
5

Highly recommend you listen in

By Keel Team - Jun 18 2019
Read more
Great content on real estate investing

Good

By heatherrjayy - May 31 2019
Read more
Good questions and interesting people but PLEASE get a better microphone it’s awful sound quality.
Cover image of SECRETS TO REAL ESTATE INVESTING SHOW

SECRETS TO REAL ESTATE INVESTING SHOW

Latest release on Jan 03, 2020

The Best Episodes Ranked Using User Listens

Updated by OwlTail 7 days ago

Rank #1: SREI 107: How to FIND Deals Part 1 of 4 by Holly McKhann

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On this special episode of “The Secrets to Real Estate Investing”, Holly shares the very first step to flipping a house: FINDING the deal. In this four part podcast series, Holly explains the steps to completing a deal. This is the perfect opportunity to start taking action towards your first or next flip.

Holly found and bought her first 100 houses on the courthouse steps. Once those deals dried up, she found a new strategy and has found over 125 deals from networking.

In this episode you’ll learn:

- Three networking techniques that have worked over and over again for Holly

- How to set yourself up as the solution to people’s problems

- How to leverage the networks you already have, and get out there and find more

- The power of follow up and maintaining relationships

Free download: Holly’s Secrets to Finding Deals document lists many more ideas to getting started networking and finding deals without spending marketing $$. Find it at hardhatholly.com/107

As always, text “hardhat” to 38470 to receive this free download as well as past downloads and to get weekly notifications of upcoming podcasts.

Jan 18 2019

23mins

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Rank #2: SREI 095 Tom Carafella flips 100 homes a year and has 300 rentals

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Tom Cafarella from Boston shares his advice on this episode of “The Secrets to Real Estate Investing” with Hard Hat Holly. After starting his career in accounting, Tom realized he didn’t want to be stuck in a job he didn’t enjoy, so he started into real estate investing and now he never wants to take a day off from work. Tom took his “lucky” first deal with a helpful mentor, to a successful business that flips over 100 houses a year and rents over 300 units. He has plenty of strategies to share, including how to get profitable leads through targeted Facebook ads and cold calling.

In this episode, you’ll learn…

  •         The importance of a quality mentor
  •         What price to offer to get the deal
  •         How to get interested clients through targeted Facebook ads
  •         How to build a marketing strategy to grow your business
  •         How to create a strong team to help you along the way

Free Download — Don’t know what ads to run on Facebook? Here’s an example of one of Tom’s most successful ads that can guide you in the right direction.

Check out his Facebook page and websites for more tips to help your business—

www.facebook.com/OceanCityDevelopment/

www.buildateamthatbringsyoudeals.com

www.ocbuyshouses.com

Jul 05 2018

35mins

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Rank #3: SREI 116: Missing Out on $325K Profit Shaped Abhi Golhar's Investment Strategies

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Abhi Golhar, radio host of Think Realty Radio, joins us today on “Secrets to Real Estate Investing” with Holly McKhann. Abhi started real estate investing when he was failing college and realized he wanted to do something else. Through some rough first deals, Abhi formed his winning strategies. He now loves sharing his knowledge with other real estate investors through his radio show.


In this episode you will learn…

- Why finishing is more important than being successful

- How to find your investing personality

- What the real estate investing world comes down to: relationships and capital

- How to add passive income strategies to your current income streams


Listen to Abhi at thinkrealtyradio.com and connect with him at InvestWithAbhi.com or abhigolhar.com


To get started with your own real estate investing deals, check out Holly’s FREE Secrets to Finding Deals download at hardhatholly.com/116


TEXT “hardhat” to 38470 to receive this free download as well as past downloads and to get weekly notifications of upcoming podcasts.

Mar 23 2019

23mins

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Rank #4: SREI 096 Take control of your life with real estate investing – Matt Theriault

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Matt Theriault joins us today on “The Secrets to Real Estate Investing” with Hard Hat Holly. His interesting life path took him from the marines, to the music industry, to working as a grocery bag boy, and finally, to real estate investing. He was able to take control of his life and career and gain financial independence, and now, he teaches others to do the same thing. His signature motto is to “travel as far as you can see, and when you get there, you’ll see further”. By not being afraid to take action, Matt has found some amazing opportunities that have lead to his current success.

In this episode, you’ll learn…

  •         How to find someone to partner with in your investing journey
  •         What steps to take as a beginning real estate investor
  •         How investing out of state can bring high returns
  •         How to shift your focus from saving cash to creating streams of cash

Free Download—Matt has outlined five principles to be prepared to launch in any market. Don’t miss this valuable tool to expand your real estate investing to other markets.

Contact—

epicrealestate.com

Podcast: epicrealestateinvesting.com

Jul 05 2018

28mins

Play

Rank #5: SREI 0046 How Whitney Nicely did 50 deals with little to no money

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On this episode of House Flip Masters Holly is joined by guest Whitney Nicely. Whitney has been called the Queen of Weird Real Estate in Eastern Tennessee. 

Whitney started flipping houses in 2009 with her parents, her mother was a real estate investor and she knew that she would  become one herself. The first house that she flipped with her parents is when she fell in love with the process of flipping homes; she also fell in love with this particular house and ended up moving into it instead of her parents selling it.

In 2013, Whitney and her brother were buying houses with cash, like her mom always did.  They bought 3 houses and one of them was a total loss.  With the two houses that they had left she realized that they had their life savings in them. Also, with only two houses she realized she was never going to get ahead.   Whitney knew she had to figure out a way to do real estate without putting any of her own money into the pot.  Since than Whitney learned about lease options and did her first deal in the Spring of 2014.  Although Whitney has only been using this method for the past 3 years she has done over 50 deals without having to use any of her own money. Currently she has 19 apartments and 7 chunks of land that she hasn’t had to use her own money to purchase. 

Holly knows that a lot of people are interested in getting into real estate don’t have a lot of money which is why she is so excited to have Whitney share her success with listeners. Whitney says that her favorite way to purchase a home is through lease options, or as she refers to them as band-aids, because they can fix any situation. 

Holly asks Whitney to share with listeners some situations in which a lease option is good choice.  Whitney says that when a house is over leveraged a lease option is a great choice to get a piece of property without using any of your own money. 

Holly asks Whitney to share how a lease option works and what the process might be like. A lease option is an agreement that allows someone to rent the house with the option to purchase it at a point in the future at an agreed upon price today. Whitney shares that when she was a normal real estate agent she had her license for 18 months and only made $1,200 in 8 weeks using lease option she made $15,000 doing a lease option that she posted on Zillow. 

Whitney shares with Holly that she recently found out from her lawn guy that he owned 13 properties, and after talking to him Whitney decided to buy a few of them from him. The first house that she bought was a cracked house-- the house was literally cracked and had been partially burnt. An interested party saw the listing and wanted to buy the house from Whitney.  She was able to turn her small purchase into big money by offering the right option to the buyer.  When her lawn guy found out that she turned around and made more money on it than he had initially charged her Whitney decided to give him a little more than she originally agreed to. The second house that she got from her lawn guy is not proving to be as successful as the first, but because it is not successful Whitney has decided that she is going to owner finance this house and put a big pink “Whitney buys houses” sign in the front and use it as advertising in that neighborhood. Whitney says that her bandit signs get her a lot of homes to look at so she is excited to see what this option will bring her.   She will actually own the land instead of renting billboard space. 

When Whitney started doing lease options and owner financing she said that everyone else was working in one suburb so she decided to go the other direction and work in another county. She decided to do this so that she could get the experience and learn to play with the big boys in her neighborhood and have the portfolio to back it up.

Holly mentions that Whitney has provided an awesome cheat sheet for listeners that will go over what she has talked

Apr 05 2017

37mins

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Rank #6: SREI 020 2,000 homes of income and lessons with Rod Kleif

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In this episode of House Flip Masters Holly McKhann talks with real estate investor and philanthropist Rod Khlief. Throughout his career Rod has personally owned 2,000 single-family homes and several apartment communities. He has built several multi-million dollar businesses and is dedicated to giving back to the community with his Tiny Hands Foundation, which has helped over 40,000 unprivileged children.

Rod emigrated from Holland at age 6 and moved to Denver where he bought several buy and hold deals as well as flipped houses. Rod saw that he was making money in flipping houses but wanted to increase his cash flow so he bought homes in Denver, Memphis, and Florida. With the amount of properties that he had purchased in 2006 Rod’s net worth increased by 17 million dollars overnight, but it was the crash of 2008 that caused Rod to learn a 50 million dollar lesson, or seminar as Rod calls them. Rod likes to view failures as seminars because there is something to be learned out of something that doesn’t go as planned.

As a way to generate cash flow Rod started with flipping single-family homes but tells us that if you want to increase cash flow you need to take the money from flipping and invest it in a cash flowing asset so that you do not have work anymore. Because with house flipping every January 1st you have to go back to work and with cash flowing assets that is not the case, your money works for you.

Rod advises listeners that if you want to be successful you need to do the things that other people do not want to do. Rod makes most of his money doing the things others do not want to do. He started this tactic in Denver by knocking on the doors of people that had homes going into foreclosure and talked to those people personally about helping them with their situation. When doing something like this Rod emphasizes that you must come from a place of love and caring and not from a place of money because people will sense that and not be open to your help. You need to look for a win-win situation and if you do this you will make a ton of money just by helping people out of bad situations.

When you are getting lists and mailing them Rod advises that you do what others don’t want to do and take the extra step to get the phone numbers of homes that you see have potential and actually pick up the phone and call on those homes. Do no be afraid of rejection because it will get in the way of your success. There is a ton of money to be made in flipping houses if you are willing to do what other people are not willing to do.

Rod reminds us that to be successful in multi-family homes you need to have knowledge and not necessarily money, you can be successful in multi-family homes without money as long as you educate yourself listen to podcasts, create relationships, evaluate properties, and learn in your backyard and that is where you will get your intuition about properties.

If you want to get into multi family houses you need to study. Start with a duplex and work up from there or whatever you feel comfortable with, study and evaluate deals so that you know what you are getting into, learn terminology and develop relationships

If you’re thinking about getting into this or any other business Rod urges listeners to write down your goals, write down your why and what you want to achieve. When writing down your goals you also need to look at the other side of the goals and write down what will happen if you do not reach your goal because people will do more to avoid pain and have a greater chance of reaching their goals. Rod advises using pictures of the things that you want – make a visual representation of the things you want to help drive you to your goals – visualize to manifest. Rod reminds us that you are going to get knocked down and off track but the visuals will get you back on track.

With goals and success you also need to keep in mind the area of fulfillment. Rod had e

Sep 11 2016

33mins

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Rank #7: SREI 125: Ryan Narus - How to Invest in Mobile Home Parks the Right Way

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Today we have Ryan Narus on Secrets to Real Estate Investing with Holly McKhann. Ryan woke up one day and decided he needed to get out of corporate america and escape his sales job. Forty banks said no to his first deal, but learned valuable lessons. He says investors do not need to hit a home run on their first deal, just get started. 

What you’ll learn from this episode:

- Why you should know the submarkets for each area you are investing in

- How to customize your marketing strategy for rentals

- How to build trust with tenants to bring in more tenants

- How to create a great community within mobile home parks

Free Download: Ryan’s Due Diligence Template. Know what to check and double check if you’re going to invest in mobile home parks. Get it at hardhatholly.com/125 or by texting the word “hardhat” to 38470.

Contact Ryan Narus: www.archimedesgrp.com 

May 24 2019

37mins

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Rank #8: SREI 086 DJ Scruggs- From a tech career in the corporate world to multifamily real estate investing

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Mar 28 2018

30mins

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Rank #9: SREI 019 Big money from flipping to note investing with Gerald Lemoine

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On this episode real estate investor Gerald Lemoine joins Holly.  Before Gerald got into real estate investing he had 30 years in general construction. When he met his wife he knew that she would not want him to continue to do construction and travel to different countries and different states for work. He started to research his options and came across real estate.

Gerald started his real estate career with house flipping before he moved to note investing. He felt that his biggest mistake with house flipping was that he rushed into a deal that he bought. He jumped into the project head first started painting and ripping out flooring but shortly after starting the rehab he got a call that the sale had been rescinded. While this lesson was painful it was a learning experience that he took with him into the houses he would flip after.

Gerald got into the note business after attending a seminar where a presenter was offering a workshop on note investing for one thousand dollars. Gerald paid the money to attend the workshop and has since integrated what he has learned into his current note business.

Gerald’s first note that he bought was in Ontario, California. This property was already in foreclosure when he purchased it. Gerald took the property to auction and was not able to sell it so he decided to flip the property. During the rehab Gerald put a ‘For Sale by Owner’ sign up and got several inquires on it before he has even finishing the rehab. A couple approached Gerald about the property and wanted to purchase, the buyer gave him a deposit and signed a contract and the home was in escrow before the rehab was even finished. From the time Gerald bought the note to the day the home sold it only took him sixty days.

After flipping houses Gerald got into note buying. Gerald has purchases 500 notes since 2008. Today he manages about 250 notes that generate about $1 million dollars of income. His team of 4 buys notes and sells them, they also hold onto some of the notes that they buy. Gerald suggests when buying notes to spread your money out, don’t buy one note for $100,000 buy 10 notes for $10,000 each because you don’t know what could happen with the notes that you buy. Some notes end up in court, or some notes are bad notes where you could potentially lose some money.

For those of us not familiar with note investing Gerald lays out what notes are all about. Gerald gets his potential notes on a spreadsheet that tells you about the borrower, the home, the mortgage, and the second mortgage if applicable, as well as the fair market value. Gerald and his partners will buy just about any note if they see that it has potential profit.

Gerald compares house flipping and note investing. He looks at note investing long term and wants to compile a portfolio of notes that he can live off of the return of them. He wants to hold notes and get them performing so that he can create a stream of cash flow. Sometimes borrowers do not cooperate with Gerald’s plans and then he has to send the property to foreclosure.

When investing in notes you need to be mindful of the risks with this type of investment. Gerald reminds listeners to be careful of condition of the property. He has someone go out and look at the property to make sure that he is buying what the note says that he is buying. Be mindful of the condition of property and the value of property.

To get educated on note investing Gerald suggests you attend note training, but make sure that you are not spending a lot of money on training; do not spend thousands of dollars on note training. Some websites that Gerald suggests are:

www.NoteConference.com

www.WeCloseNotes.com

If you are interested in getting in touch with Gerald you can reach him by phone, email, or Facebook.

Cell: 714-462-80

Sep 03 2016

34mins

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Rank #10: SREI 124: $45K Profit on His First Deal - Bill Allen - Pilot Turned Flipper

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 We have Bill Allen, pilot turned flipper, on Secrets to Real Estate Investing with Holly McKhann today. He became an accidental landlord in 2007 after many moves due to his Navy pilot military service. Now his company, Blackjack Real Estate, flips 200 houses a year! Real estate investing has allowed Bill to have the freedom to pick up and move his family when medical issues arose. He invites us to turn our challenges into fuel for success!

What you’ll learn in this episode:

- How you can build a business while working as an employee

- How to keep your business centered on your core focus

- What a “whole-tail” deal is

- Why taking care of your investors is top priority

- How Blackjack Real Estate is structured

Free Download: Bill’s Book List for the year on how to improve your business and your life! Get it at hardhatholly.com/124 or by texting the word “hardhat” to 38470.

Find Bill Allen on his Website: https://blackjackre.com/

On Facebook: facebook.com/BlackjackEstate/

On Instagram: instagram.com/blackjack_real_estate/

Email: nicole@blackjackre.com

May 16 2019

50mins

Play

Rank #11: SREI 083 Starting with a $100 property purchase to becoming a master of Creative Financing with investor Adam Adams

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In this episode of “The Secrets to Real Estate Investing” with Hard Hat Holly, we get the opportunity to meet real estate investor and podcaster, Adam Adams.  Just like many of our guests, Adam read “Rich Dad Poor Dad” and, with the help of his own father, learned about the power of positive cash flow and caught the infectious real estate bug.  Believe it or not, this man’s career began with the purchase of a $100 property in 2005.  Adam went on to manage large multi family properties and then began to purchase these types of properties himself.  In this information packed conversation, you will hear Adam explain how a few big failures and humbling experiences helped shape him and contribute to his success in real estate.  We dive deep with Adam and learn the various strategies he’s implemented within his business, such as owner financing, no money out-of-pocket deals, implementing other people’s money, tax liens and tax deeds.  If investing in real estate is your dream, there is only one way you can make it a reality…just get started!!!  So go out there, take action, and live the life of your dreams!

In this episode, you’ll learn about…

  • The pros and cons of managing your own properties and Adam’s advice and tips
  • The pros and cons of renting and doing business with friends and/or family
  • Why it should be called “winning and learning” instead of “winning and losing”
  • Multi family investing and syndication

How to contact Adam Adams

 Website: BlueSpruceHoldings.com

Podcast: RealBlueSpruce.com    “The Creative Real Estate Podcast”

Email:     realhelpfulsolutions@gmail.com

As always, text “hardhat” to 38470 to receive this free download as well as past downloads and to get weekly notifications of upcoming podcasts.

I'd LOVE for you to listen in today and write an iTunes rating and review letting me know what you think of the podcastWhat was your biggest takeaway from the first episode you listened to? What do you love most about the episodes? What would you like to hear more about? Please share with us!  And thanks for listening!

Feb 09 2018

35mins

Play

Rank #12: SREI 122: John Casmon - How the Right Neighborhood Can Double the Value of Your Investment

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Today’s guest on Secrets to Real Estate Investing is John Casmon. John is the co-founder of Casmon Capital Group, a Chicago-based real estate investment firm. He started investing with a simple house hack: own a duplex, live in one side, and rent out the other. Now he controls hundreds of apartment units and his value-add apartment investing strategy is working like a charm.

What you’ll learn in this episode: 

- How to start making rental income in simple ways

- How choosing the right neighborhood to invest in can make all the difference

- What it's like to work with property managers

- The value of partnering with others to create a strong team

- Difference between investing for cash flow vs. appreciation

John’s Free Download: 21 Hacks to Find the Best Sub-Market. Tips on how Casmon Capital finds the best places to invest in. Get it at hardhatholly.com/122 or by texting the word “hardhat” to 38470.

Contact John at john@casmoncapital.com and check out his website casmoncapital.com to listen to his Target Market Insights Podcast.

Find out more about John’s Midwest Real Estate Networking Summit. An event all about education and intentional networking. Go to MidWestRESummit.com and use the promo code “Target”. 

May 01 2019

32mins

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Rank #13: SREI 058 S Corp, LLC or nothing? Matt Owens talks entities

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How does one go from getting lucky with a few real estate investment deals in 2006 to taking “a punch in the teeth” in ‘07 and ‘08 to flipping over 600 properties to date? What is the secret to this man’s success?  Our guest today is Matt Owens, CEO of OCG Properties, LLC.  According to this former CPA and UCSB graduate, the answer is education and experience, coupled with the importance of networking and relationships.  Matt explains his unique perspective in how losing money is what “compounded his growth exponentially forward.” He has observed that “if you haven’t taken a hit, you haven’t been in the game long enough.” What an inspiring thought to ponder on!  Matt is based in Southern California but invests primarily in Memphis, TN and Atlanta, GA specializing in equity and cash flowing real estate investments.  He also invests in value add multi-families, promissory notes, seller financing for his international clients, self storage units, mobile home parks and the list just goes on!  

 On this episode, you’ll learn…

  • The importance of networking and relationship building and why this business is ALL about these relationships
  • The benefits of investing out of state (especially if you reside in California!) and how this forces you to implement air-tight systems in your business
  • The pros and cons of setting up an entity and the tax and legal implications of your choice
  • The benefits of an SCORP vs an LLC in general and specifically having to do with salary dividend splits and your payroll taxes

Episode resources:

Ocgproperties.com

Contact Matt Owen here:

invest@ocgproperties.com

Free download

Matt has very generously given our listeners his list of questions to ask yourself before setting up an entity.  Just text 38470 with the word “hardhat” to get our super awesome free download of the week!

Jun 28 2017

34mins

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Rank #14: SREI 018 How Sep Bekam fired his boss

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On this episode Holly is joined by Sep. Sep has been investing for 6 years, while he has lived in Orange County his whole life he did not start investing in his backyard when he got his start. After being laid off he decided to take his life savings and invest it into stocks, which he also lost. He moved in with his parents while he got back on his feet and got another job.

With worries about “what ifs” Sep picked up Rich Dad, Poor Dad and realized that he wanted to start investing and increasing his cash flow. It took him 2 years to get any cash flow with his investments. While 2 years was a long wait Sep was focused on long term cash flow and did not give up on his dreams of real estate investing.

Sep said that when you are investing you often focus on the property but it is much more than that, it is about the team, the area, and the customer. You need to find your investor identity when you get into this business, he found out his identity early on with tenants that were less than desirable. He expected everything to be nice and easy with cash flow immediately but that is not always the case, you have to work hard for what want and know whom the customer is that you want to serve.

Holly reminds us that we need to outfit our investments to the correct spec level for the customer you are serving, you need to keep in mind that a C level customer might be scared away by an A level kitchen upgrade, it is important to know your customer when you are flipping so that you do not spend more money or time than is necessary for the investment.

Sep and Holly talk about their investor identity and how important it is to know what yours is. Your investor identity has to do with the team that you employ also. You need to find a management company that is best suited for all involved in the project.

Most successful and stressful deal for Sep is a deal he did in San Antonio, Texas a 520-apartment complex that was structured with virtually no money down. This deal the seller wanted to get out as quickly as possible so it was an easy buy and was able to pull all equity out of it and increase the cash flow.

Sep’s biggest lesson learned is that real estate investing is a business; once you treat it like a business it is more enjoyable, more fun and less stressful. If you have a system in place your team can send you exactly what you are looking for making your business more streamlined. Holly reminds us that we always need to be flexible and ready for change when the market demands it.

Sep does not manage his properties and always hires management for his properties because he does not have a real estate license and he needs a management company this is able to take care of whatever needs to be done since his properties are out of state. Holly on the other hand manages all of her properties, it is more manageable for her because of the amount of properties that she owns and the relationships that she has with her tenants. You must weigh out if it is more financially beneficial to manage your own properties or hire a team to do it; sometimes it is hard to give up that control but that can also be a point of success or failure for the property.

When looking for seller financed deals you must get to know the seller; what are their needs, wants and desires, and structuring the LOI based on that. You should be prepared to give multiple options to the seller because they will often turn you down. Sep uses Craigslist to look for his next deal.

When trying to find emerging real estate markets look for markets that have markets with 200,00 or greater and job growth at least 2% for the last 2 years and population growth of 2% over the last 2 years.

Education is the best investment you can give yourself when you are beginning in real estate investing, you want to educate yourself and surround yourself with those who are on the same journey as you.

If you are interest

Aug 25 2016

32mins

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Rank #15: SREI 021 Are you making or losing money with Raj Bhaskar

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On this episode of House Flip Masters Holly is joined by guest Raj Bhaskar. Raj is the co-founder of mobile profit and taxes app, Hurdlr, designed for self-employed entrepreneurs.

Raj had his first taste of real estate when he created his first software platform for real estate management; this software was used by housing agencies all over the country helping them to manage their public housing and affordable housing properties. Raj built this company up for 10 years and when it sold in 2010 to real estate software company Yardi.

With his own real estate experience and knowledge from the platforms that he has created Raj believes that real estate should be a part of everyone’s investment portfolio in some way of another whether it is actual property or an indirect real estate venture.

Raj got interested in real estate software when he and his wife bought their first home together and decided to rent the condo that Raj owned. When they decided to rent out this property Raj was asked to get together all his expenses concerning that property – this was the first time he had to do this – and he wasn’t prepared to do it. When gathering the information that he needed Raj started thinking that gathering the required documents was basically a business.

During this time Raj was already building an app for entrepreneurs to help manage all of their business finances – when he was gathering paperwork for this condo he realized that his personal task was a great use case for the app – he then started adding functions to the app that allowed for real estate investors to track their finances along the way so that when tax time came they could just send information to their CPA with a tap of a button.

Raj reminds us that in real estate investing it is vitally important to track your numbers and to invest smart; invest to make a return on your investment. By knowing your numbers you will make good money and have a good business. The best way that Raj suggests to know your numbers is to start off by opening a separate bank account or credit card and use that only for your rental property expenses. With a separate account every time you receive a statement everything will all be related to that specific business you opened the account for. Raj also advises that you do not mix your personal expenses with your real estate investing expenses.

Holly agrees that it is a good idea to separate your flips from your rental properties from a tax perspective; she also says that it will make your life easier to track expenses and to have that separate bank account or credit card opened.

Raj’s app, Hurdlr, allows users to sync bank accounts and credit cards to the app and every time a purchase is made you will be notified and at that point you can tag the expense as personal or business allowing you to keep everything organized. The app will also give real time income tax estimates.

If you would like more information about the app or to download it you can visit www.Hurdlr.com or download the app in the iTunes app store or Google Play Store. You can also reach out to Raj via the website or with the chat function side of the app, you can chat directly with him or a member of his team if you have questions or concerns.

Sep 18 2016

28mins

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Rank #16: SREI 108 - How to FINANCE Deals Part 2 of 4 by Holly McKhann

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On this second special episode of “The Secrets to Real Estate Investing”, Holly shares how to get money to FINANCE your deal. In this four part podcast series, Holly explains the steps to completing a deal. You will either use your cash, or someone else’s cash. Holly explains the details of both, including pros and cons.


In this episode, you will learn…

- How to finance deals with small out-of-pocket cost

- 5 options for financing using other’s money - details and pros and cons of each

- Who and How to ask for private money

- What options you have in creative financing

Get Holly's FREE Secrets to Finding Deals download at hardhatholly.com/108

As always, text “hardhat” to 38470 to receive this free download as well as past downloads and to get weekly notifications of upcoming podcasts.

Jan 21 2019

23mins

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Rank #17: SREI 106 - Andy Teasley Makes 50% Yields Using His Formula

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We have Andy Teasley joining us on this episode of “The Secrets to Real Estate Investing” with Hard Hat Holly. Andy’s 35 years of experience in real estate has taught him a lot, and he shares a bit of it with us today. His mobile home flipping system has been refined over the years so that now he consistently makes at least 50% yield on each property.

In this episode you’ll learn:

-How an adverse possession deal works

-How to find properties with increasing demand and opportunity

-How to calculate yield with a financial calculator, the easy way!

-How to create a money-making “cookie cutter” formula

Free Download: Andy’s “What If” flyer with questions to keep your financial mind sharp! Get it at hardhatholly.com/106

Contact Andy: Go to millionairemakersnextgen.com or call him at 760-343-2404

As always, text “hardhat” to 38470 to receive this free download as well as past downloads and to get weekly notifications of upcoming podcasts.

Jan 15 2019

33mins

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Rank #18: SREI 087 Making $15k/mo with Airbnb. Zeona McIntyre

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In this episode of “The Secrets to Real Estate Investing” with Hard Hat Holly, we’re excited to talk with super woman and side hustle queen, Zeona McIntyre. This Boulder, Colorado resident has built a business that generates $10-18k per month through her portfolio of vacation rental properties and her “co-hosting” service for other property owners. Wise investing and services like Airbnb have afforded this young woman the ever illusive early financial freedom. Zeona began her journey during Airbnb’s infancy in 2012, first by subletting a room in her apartment, then both rooms in her apartment, and now she owns five rental properties and manages another 20 on the behalf of her clients around the world. On this super fun and enlightening episode, you’ll discover how Zeona began her real estate journey with a whole lot of couch surfing, frugality, business smarts and hustle. Join us today as we dive deep on this and her wealth of knowledge when it comes to the power of Airbnb and short-term rentals. This episode is sure to blow your mind with real estate’s endless possibilities, so sit back and enjoy the show!

In this episode, you’ll learn about…

  • How short-term rentals can provide significantly more cash flow than traditional rentals
  • Zeona’s numerous tips and tricks for getting the biggest bang for your buck
  • How you can get started in this location independent side hustle today with just a spare room in your home
  • Why you have to think of business partnerships like marriages, the importance of having solid contracts (JV agreements), and the pros and cons of doing deals with your friends
  • Why real estate investing should be thought of as solving problems for profit
  • All of the ways in which Airbnb and short term rental investing is different than traditional investing

How to contact Zeona

Website and blog: www.ZeonaMcIntyre.com

The website that Zeona uses to help price her rentals is www.usewheelhouse.com . A great resource for investors!          

Free Download:

Listen to the podcast here at … www.hardhatholly.com/87

As always, text “hardhat” to 38470 to receive this free download as well as past downloads and to get weekly notifications of upcoming podcasts.

May 02 2018

27mins

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Rank #19: SREI 0052 How to flip houses with 4% interest loans-Matt Cady

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On this episode of Secrets to Real Estate Investing by House Flip Masters, Holly is joined by guest Matt Cady. Matt is going to share tips about financing for listeners especially those who might be confused about how financing works. Matt has been a mortgage consultant for 17 years with a background in construction financing. In 2007 when most construction products went away, Matt started providing renovation loans. Matt works in San Clemente California for a Summit Lending. 

Holly says that often times people who want to get into house flipping don’t have lots of cash or want to take advantage of the tax free capital gains that you can get from living in a house for two years. Holly asks Matt to compare for listeners  the possible different scenarios. Matt says these programs are great for those who want to minimize their down payment and to have a better alternative than a hard money loan. He explains that renovation loans will save you about half the money in interest that you would normally pay with a hard money loan. According to Matt, renovation loans are applicable to both FHA and conventional purchases.  He gives the example that a buyer who is going to live in the house would only have to put down 3.5% of the total cost of the house with an FHA loan. Holly adds that with hard money loans, 2 points are usually added to them which means that renovation loans definitely will save over half of the interest expense on the loan. 

Holly asks Matt to share what the rules are on the amount of money a person can borrow for renovating a home. Matt explains that a limited 203K is for minor cosmetic repairs, and there is a cap at $25,000 of the repaired value. Matt also says that because the limited 203K requires less documentation, more lenders offer this but Matt  has seen people take as much as $100k for renovations. When asked about exclusions on the loans, Matt explains that you cannot add an in-ground pool or a built-in barbecue with the money from the loan. 

Holly asks Matt about options a buyer has if they are not going to live in the home.  In that case, Matt points out that a Fannie Mae HomeStyle Renovation loan can be used, which is a conventional loan with a minimum down payment of 15%. However,  Matt suggests putting down 20% because mortgage insurance is really expensive on investment properties. The down payment is determined by the price of the property plus the cost of repairs. 

Matt says that he doesn’t deal a lot with flippers because if the house is flipped and sold within six months, lenders be heavily penalized. Holly adds that with hard money, lenders do not have as many parameters and guidelines as loans that are provided by the government. Hard money lenders look at debt to income ratio and where the income is coming from, and they are willing to give money more easily  and quickly than the loans that Matt offers. 

Matt details how the programs that he utilizes works. The loans offer a "contingency reserve," which means that whatever the cost of the renovation, they will lend an additional 10% in case the renovation expenses are more than planned. He also says that another great thing about this program is that it is "fund controlled." Matt says that with both FHA and conventional loans, you can work in six months of mortgage payments so that you can “skip” six months of payments. 

Holly and Matt discuss the contingency reserve a little more in terms of using it when a project is nearing completion. For example, if the buyer had the reserve remaining and wanted to upgrade the flooring from laminate to hardwood, the loan could be used to help offset the cost of the upgrade. Holly asks if the money can be used for energy efficient renovations. In California energy efficiency is something a lot of investors look into. Holly asks if this loan covers changes like solar panels, and Matt explains that it does.

Holly and Matt discuss the expected time needed for

May 17 2017

25mins

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Rank #20: SREI081 - Creative deals without any of his own money with Adam Rae

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In this episode of The Secrets to Real Estate Investing with Hard Hat Holly, we’re so very excited to get to know Colorado Springs investor, Adam Rae. Like so many of our guests, Adam read “Rich Dad, Poor Dad” at age 15 and his life was forever changed. After a lot of education and experience, Adam discovered that he had a highly lucrative knack for creative financing and resourcefulness in general. As he acquired more rental units and flipped more and more houses, Adam taught himself how to leverage other people’s money and credit with his growing knowledge. Today, he has a team of five who help him wholesale deals, in addition to completing about a flip per month, and buying about 20 rentals per year. He is now an expert in seller financing, subject to, land trusts, and lease options. And if that wasn’t enough, Adam is a master at sales negotiation as well. Join us today as we dive deep on these topics and more! In the words of the man himself, don’t worry about perfection before you start- just get started!

In this episode, you’ll learn…

  • The basics of creative financing
  • How to use other people’s money and credit (hint: it’s all about RELATIONSHIPS)
  • Tips on creating bullet proof contracts utilizing tools such as a “catastrophe clause”
  • How to employ Adam’s expert sales techniques

How to contact Adam

Website: www.SellMyHome.org

Email: AdamR@sellmyhome.org

Phone number: (719) 421-9100

For our free download of the week, Adam has given us access to his Think Tank that you can find at www.SellMyHome.org/thinktank. Adam will send out a quarterly email with details on what his business is working on where you can get ideas and inspiration. Thanks so much for sharing, Adam! We can’t wait to check it out!

Listen to the podcast here at … www.hardhatholly.com/81

As always, text “hardhat” to 38470 to receive this free download as well as past downloads and to get weekly notifications of upcoming podcasts.

Nov 29 2017

29mins

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