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Rental Property Owner & Real Estate Investor Podcast

Updated 2 months ago

Business
Education
Investing
Self-Improvement
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Welcome to the Rental Property Owner and Real Estate Investor Podcast, Brought to you by the Rental Property Owner Association - providing benefits and services to real estate investors and rental property owners for over 45 years.Hosted by Brian Hamrick from Hamrick Investment Group.Every Monday Brian and his special guest will discuss topics, tips, and techniques Designed to make you a more confident and successful Rental Property Owner and Real Estate Investor

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Welcome to the Rental Property Owner and Real Estate Investor Podcast, Brought to you by the Rental Property Owner Association - providing benefits and services to real estate investors and rental property owners for over 45 years.Hosted by Brian Hamrick from Hamrick Investment Group.Every Monday Brian and his special guest will discuss topics, tips, and techniques Designed to make you a more confident and successful Rental Property Owner and Real Estate Investor

iTunes Ratings

145 Ratings
Average Ratings
122
6
6
3
8

You will learn a lot

By Princ3ss_S - Jan 02 2020
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Great podcast if you want to get new tips and techniques. Love the guests and the questions asked.

Th best

By Kmclarty24 - Dec 20 2019
Read more
Every episode has me saying “what! Yes!” Consistently taking notes.

iTunes Ratings

145 Ratings
Average Ratings
122
6
6
3
8

You will learn a lot

By Princ3ss_S - Jan 02 2020
Read more
Great podcast if you want to get new tips and techniques. Love the guests and the questions asked.

Th best

By Kmclarty24 - Dec 20 2019
Read more
Every episode has me saying “what! Yes!” Consistently taking notes.
Cover image of Rental Property Owner & Real Estate Investor Podcast

Rental Property Owner & Real Estate Investor Podcast

Latest release on Aug 10, 2020

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Welcome to the Rental Property Owner and Real Estate Investor Podcast, Brought to you by the Rental Property Owner Association - providing benefits and services to real estate investors and rental property owners for over 45 years.Hosted by Brian Hamrick from Hamrick Investment Group.Every Monday Brian and his special guest will discuss topics, tips, and techniques Designed to make you a more confident and successful Rental Property Owner and Real Estate Investor

Rank #1: EP027 Creating Your Lifestyle Through Rental Real Estate with David Kirchgessner - Investor, Realtor & Lead Singer of Popular Ska Punk Band Mustard Plug

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I know you're going to enjoy my interview today with David Kirchgessner.  Dave is a successful investor and realtor, who also happens to be the lead singer of the popular ska punk band Mustard Plug.  It's Mustard Plug's song "Mr. Smiley" that you hear at the beginning & end of every podcast episode.

Dave shares with us how he's been able to create and support his lifestyle through real estate investing, which he realized in his early 20's was the only way he'd be able to support himself while he pursued his music career.

Dave also talks about the investments in Single Family and Two Family homes he's made and shares details on purchasing, rehabbing and managing them.  We also discuss a building development that Dave bought with some friends that didn't go as planned, and a new investment in Northern Michigan that he almost bought sight unseen.

Dave is also a realtor with Greenridge Realty, and will give us his perspective on the current market and the trends he's seeing as a real estate 'insider'.

You can contact Dave through his email at:

davidkirchgessner@gmail.com

Jul 18 2016

1hr 12mins

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Rank #2: EP023 Building Lifetime Cash Flow Through Real Estate Investing, Why Multi Family and Apartment Investing is preferable to Single Families with Rod Khleif

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Today I'm thrilled to be talking with Rod Khleif, the host of the "Lifetime Cash Flow through Real Estate" Podcast.

As one of America's top real estate professionals, Rod has personally owned more than 2,000 single family homes and multiple apartment communities.

Rod shares his rags-to-riches-to-rags-to-riches story, from his humble beginnings as a young, impoverished Dutch immigrant to incredible success.  Rod also discusses his remarkable triumphs, and spectacular failures, which he affectionately calls 'seminars'.

We'll talk about the 800 Single Family Home Portfolio he lost in 2008, and how he's now rebuilding his fortunes through multi-family investing.  Rod also tells us why he prefers multi-family to single-family and how multi-family can help protect you during the next economic downturn.

As a bonus, you can listen to this week's episode of Rod's podcast "Lifetime Cash Flow through Real Estate" to hear Rod interview me, Brian Hamrick, about my career in Real Estate Investing. 

Be sure to check out both podcast episodes - they're required listening to podcast fans & real estate investors!

And find out more about Rod Khleif at his website:  http://lifetimecashflowpodcast.com/

Jun 20 2016

45mins

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Rank #3: EP033 Building a Buy and Hold Portfolio, Learning to Landlord, and Finding Your Real Estate Momentum with Josh Sterling

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Josh Sterling is a Buy & Hold Real Estate Investor from South-East Michigan.  He began buying Single Families in 2009, and since then has grown his SFH, Multi-Family and Apartment portfolio from 1 to 160 units.

Today, in Part 1 of my interview with Josh, we discuss his trajectory from a novice investor and landlord making a lot of mistakes, to a seasoned professional who owns 160 units as well as his own management company called Epic Property Management.

http://epicpropertymanagement.com/

Josh is happy to share his experiences and stories about learning how to evict tenants, rehabbing properties, raising investor money and overcoming the plateaus on his path from 1 to 160 units.  No matter what level of investor you are, you'll definitely find a lot of great wisdom in my conversation with Josh.

Aug 29 2016

58mins

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Rank #4: EP003 Rehabbing, Flipping, Buy & Hold, Lease Option Strategies with Justin Workman

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Justin Workman Interview:  On the surface Justin Workman seems to be a rehabber, flipper, and buy & hold investor. But in reality he’s employing some very creative investing strategies that have allowed him to transition from a job to full-time real estate investor/owner.

Five years ago Justin and his wife lost everything in a devastating fire. Today you’ll find out how he was able to bounce back stronger and smarter than ever.

Feb 14 2016

49mins

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Rank #5: EP049 Replacing Your Job Income with Five Rental Properties, Infinite Returns and Profiting by Solving Other People's Problems with Nick Watkins

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Two-Thirds of the way through my conversation today, Nick Watkins drops a huge bombshell: He's managed to generate as much money in rental profits as he makes in his full-time job - and he's done it with only two duplexes and three single-family properties!

Nick takes me step-by-step through his process, how his desire to help others solve their problems led him to purchase rental property, how he's used creative financing to help him achieve 'infinite returns', and how he's learned to manage his properties and his tenants.

Nick also shares stories about the tenant who threatened him and his family, the subsequent eviction, and the consequences of not doing thorough background checks and tenant screening.

Nick & I also discuss the pro's & con's of hiring a professional third party management company, and whether or not the additional expenses are justified.

Nick shares a lot of great information, stories and tips.  You can contact him through email at NickWatkinsHouses@yahoo.com

I know you'll enjoy today's conversation.  Please take a moment to subscribe, rate & review on itunes.

Dec 19 2016

57mins

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Rank #6: EP038 Single-Family V.S. Multi-Family Investing, Speed bumps in Starting Your Portfolio, and Becoming a Best Selling Multi-Family Broker with Allison Koetsier

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Today I sit down to talk with the Top-Selling Multi-Family Broker in the Greater Grand Rapids area.

Allison Koetsier is an Associate Broker with Compass Realty Services.  She's also a successful investor in Single-Family and Multi-Family Rental Properties.

Allison shares her stories about her first investment in a four-unit rental property, the challenges she faced in learning how to manage her growing portfolio, and the reasons why she became a broker.

Allison and I also discuss the advice she offers new clients who are starting or building their investment portfolio, the mistakes she's made along the way, and a recent investment she made using a 1031 Exchange.

I'm excited to share this conversation with you.  If you like what you hear, please be sure to go to itunes and subscribe, rate & review!

You can find out more about Allison online at:

http://compass101.com/realtyservices/allison-koetsier/

Oct 03 2016

59mins

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Rank #7: EP130 Navigating Foreclosure, Distressed, and Bank-Owned Properties with Casey O'Neill from Auction.com

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In today's tight real estate market its very difficult for investors and home buyers to find good investment deals.  Believe it or not, there are still plenty of opportunities in Distressed, Foreclosure, and Bank-Owned Properties.  One of the ways to find these deals is through Auction.com.

Today I sit down with Casey O'Neill to discuss the transparency Auction.com is bringing to the distressed market, and the emphasis they place on helping potential investors with due diligence.

Casey also warns of the pitfalls and risks in investing in distressed properties that you may not get to inspect fully before purchasing.  We'll also talk about the bid process as well as the timeline and costs associated with purchasing.  And Casey shares his thoughts on Michigan's Foreclosure laws and how they could be improved.

If you've never used Auction.com, this episode is a great introduction to a potential source of opportunities.  If you've ever bid on Auction.com then you'll definitely find some useful tips on how the system works.

I hope you enjoy this episode and ask that you take a moment to give us a review and rating on itunes.

Jul 09 2018

44mins

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Rank #8: EP223 Is It Time To Sell Your Rental Properties? Roundtable Discussion with Ben Blake, Jeremy Schumann and Justin Workman

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Back in the pre-covid-19 days when people could actually sit together in the same room, a group of rental property owners met to answer one simple question:  "When is it time to sell your rental property?"  Even though the world has changed considerably since then, the answers they came up with still hold true today.

Let’s say you’ve acquired a decent sized portfolio of rental properties, they’re cash flowing, well-managed, and achieve your goals of long-term wealth.  But maybe the cash flow you’re receiving isn’t enough to allow you to quit your job, or retire early, or pay for that cruise ship vacation.  However, there is enough equity in your portfolio to sell for a substantial profit.

Is it time to sell and take your chips off the table?  Or are you better served to stay on the ‘buy & hold’ path that you set out on so long ago?

Many investors are faced with this very question, and I have two of them in the studio with me today.  Plus, I have a very special guest who’s going to help us talk through this very important decision-making process.

My first guest is Ben Blake, and when he was last on the show, episode #149, he discussed his 12-unit Grand Rapids portfolio, and why he decided to take over the management himself.  Ben recently sold his entire portfolio, and today we’re going to learn why. 

Also in the studio is Jeremy Schumann, who owns a 13-unit portfolio here in Grand Rapids, Michigan.  Jeremy is currently trying to decide whether he should hold or sell, and we’ll be talking through that decision with him.

And friend of the show, Justin Workman, is joining us as well. Justin always lends a mathematical and informed perspective on these types of decisions, and I’m sure he’ll balance out any opinions I might have as the four of us go through the different thought processes and cashflow and appreciation calculations a rental owner must consider before selling their investment property.

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

Apr 13 2020

59mins

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Rank #9: EP022 Buying with the Right Fundamentals & Property and Asset Management with Tina & Wes Emert

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If you are a new investor who is looking to buy rental property, or you're a current owner looking for ways to improve your methods, I believe you'll get a lot out of my conversation today with Tina & Wes Emert from City Wide Real Estate Services.

Tina & Wes offer services ranging from Real Estate Brokerage, Rehabbing, Property Management and Asset Management.  They take a 'Success-Based' Approach rather than a 'Property-Based' approach, and we'll discuss exactly what that means during our wide-ranging discussion that contains a lot of valuable tips for every level of Rental Property Owner & Real Estate Investor.

You can reach Tina & Wes through their City Wide Real Estate Services website at:

www.cwresmi.com

Jun 13 2016

1hr 25mins

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Rank #10: EP101 Finding Great Deals at Sheriff's Sales and Tax Auctions with Stephen Benedict

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Today we are taking a deep dive into buying properties at Huge Discounts through Sheriff Sales and Tax Auctions.

My guest today is Stephen Benedict, an investor in the West Michigan/Muskegon area with over 120 units in his portfolio.  Stephen knows all the in's & out's of buying properties at Sheriff Sales and Tax Auctions, and he has agreed to walk us through the process.

Stephen talks about his first Sheriff Sale property, how the process works, why you should buy the first mortgage and not the second, the best & worst deals he's done, mistakes he sees other investors make, and understanding the TRUE costs of acquiring and rehabbing a property.

Stephen will also explain the differences between Sheriff Sales and Tax Auctions, and how Tax Auctions changed with the advent of the Land Bank and money laundering rules.

Stephen makes it clear that Sheriff's Sales and Tax Auctions are a high risk type of investment, but if you do your proper due diligence the rewards can be extraordinary.

Enjoy the show, and please take a moment to give us a review and rating on itunes.

If you'd like to contact Stephen, his email is:

stephenshomes@yahoo.com

Dec 18 2017

1hr 5mins

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Rank #11: EP165 Making Your Money When You Buy and the Three Rules of Investing in Multifamily with Joseph Gozlan

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Joseph Gozlan is a Multifamily Investment Specialist with a portfolio of over 500 units in strong secondary markets in Texas.  He's also a former lieutenant in the Israeli Defense Force and has over 17 years of leadership experiences in the software industry, which helped him sharpen his business and analytical skills as well as his "big picture" perspective.

Joseph is also a fascinating guy with a lot of great real estate wisdom to share.  In today's conversation Joseph takes us through his thought process comparing multifamily investing to other types of investing, and how this helped him go from zero to 500 units in less than three years.  

We also discuss the massive generational shift in demographics that is having an enormous impact on rental housing, Joseph's three rules of investing that will see him through good and bad economic cycles, and how he's in the process of changing out his management team.

Joseph also makes it clear that Multifamily investing is not as easy as some might say.  It takes a lot of work and perseverance, and Joseph discusses the many challenges that he's had to face.

I know you're going to enjoy this highly enlightening conversation. Joseph is also a broker and uses his 360 degree perspective of multifamily investing and ownership to help his buyers and sellers.  You can learn more about Joseph through his brokerage website and his acquisition website:

www.ebgtexas.com

www.ebgtx.com

Mar 11 2019

53mins

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Rank #12: EP045 Starting From Broke - How to Quickly Make Money without Money in Real Estate with Tom Zeeb

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Fifteen Years ago Tom Zeeb was broke and looking for a way to raise money quickly.

Today he's going to share his Rapid Cash Generation system that allowed him to leave his job and pursue Real Estate full-time through Wholesaling, Flipping and Buy & Hold investing.  Tom is going to tell us how he Finds the Deal, Makes the Deal, & Gets Paid.

Tom Zeeb is an active investor, President of Traction Real Estate Investors Association and Founder of Traction Real Estate Mentors, where he's helped hundreds of average people replace their income, quit their jobs, and turn full-time to real estate investing.

I know you'll enjoy listening to Tom's techniques, and I also encourage you to come hear Tom speak live at Michigan's Largest FREE Real Estate Investor & Landlord Conference & Expo which is happening February 23-25, 2017 at the DeVos Place in Downtown Grand Rapids, Michigan.

For more information & your free registration go to: https://rpoaonline.org/

Nov 21 2016

46mins

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Rank #13: EP215 Renovating for Massive Profits & Passive Wealth Building, and Turning Buy & Hold Real Estate into Vacation Rentals, with Robyn Thompson

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Today I’m thrilled to have the “Queen of Rehab”, Robyn Thompson back on the show.  Robyn has renovated and sold over 390 properties. She is the nation’s leading expert on buying, renovating and selling homes for huge chunks of cash and has taught thousands of students how to become financially independent.

Robyn will also be a featured speaker at the 2020 Michigan Landlord & Real Estate Investor Annual Conference & Expo in Grand Rapids, Michigan this month, February 27th through 29th of 2020.  Go to www.rpoaonline.org to find out more.

Since our last conversation, Robyn has acquired 15 Vacation Rentals in Branson, Missouri and Florida.  Robyn will be sharing how she’s integrated her highly successful rehab program into this new buy and hold investment strategy—providing more flexibility for rehabbing for flips or for holds. Robyn will teach you how to map out all of the hurdles, pitfalls and paydays when renovating for profits and building passive wealth!

Robyn will also be sharing her wisdom on working with contractors, and building a team of mature adults who can actually get the work done.  Robyn recently built a six-bedroom vacation rental property, and we'll be discussing how that process went.  You'll also learn how she built up her teams and systems for the Vacation Rental business as well.

Robyn is a great speaker and has an incredible amount of wisdom to share.  You can also listen to my previous conversation with Robyn on episode #53.

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

Feb 17 2020

48mins

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Rank #14: EP172 How He Grew from a 2-Unit to 640 Units, all in His Own Backyard with Jason Pero

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Jason Pero bought his first duplex in 2001 and never looked back.  He quickly acquired more units, started a management company, and left his W-2 job by 2012.  He now owns over 650 Units that he manages through his company, Pero Real Estate, located in Erie Pennsylvania. 

Jason recently completed his first syndication of 86 units and is going to share with us how he structures his deals for investors.  We'll also learn how & why he prefers to acquire properties in his own backyard, off-market, and directly from sellers.  And Jason will share the tools and software he uses in his property management business.

Jason is also the President of his local REIA, the Apartment Association of North West Pennsylvania.  We discuss why its important to be active in your local real estate groups and how its helped both of us make huge progress in our investments while giving back to the investor community.

I know you're going to enjoy this conversation with Jason.  He shares a lot of the details on how he grew his portfolio, and how he and his wife were both able to leave their W-2 jobs.

Jason can be contacted by email at jasonpero@yahoo.com

Apr 29 2019

52mins

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Rank #15: EP004 Buying & Selling Rental Property, Appealing your Tax Assessment with Tom Koetsier

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Tom Koetsier Interview:  Tom is an award winning broker with Compass Realty Services and teaches two popular courses for the RPOA: Buying and Selling Rental Property and Successfully Appealing Your Property Tax Assessment.

Tom also sits on the Grand Rapids Planning Commission and is a successful real estate investor as well.

Feb 22 2016

39mins

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Rank #16: EP009 Buy & Hold Investing, Managing your own Property, and Starting Your Portfolio with Rob Minch

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Whether you're a new investor who is wondering how to start your buy and hold portfolio, or a seasoned pro looking for tips on how to manage your property and get higher rents, you're going to enjoy my interview with Rob Minch.

Today Rob will share his journey with us from owning his own mortgage company to becoming a full-time buy & hold rental property owner.  Rob will tell us how he built his portfolio, share his story about the flip that went wrong, and disclose techniques he uses to find the best tenants and get the highest rents possible.

(tags: Buy and Hold, Flipping, Rehabbing, Property Management, Getting high rents)

Mar 14 2016

48mins

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Rank #17: EP039 Building Real Wealth through Real Estate Investing, Choosing the Right Location, Timing the Market and Being in Denial about Market Bubbles with Kathy Fettke

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You may have seen or heard my guest on CNN, CNBC, NPR, Fox News, CBS Marketwatch and the Wall Street Journal.  However, a 3 minute news blurb is not enough to learn all the knowledge and wisdom Kathy Fettke has to share.  That's why I know you're going to get a lot of value out of our podcast conversation today.

Kathy Fettke is passionate about helping people create real wealth - which she defines as the freedom and money to live life on your own terms.  She's the CEO and founder of "Real Wealth Network", which is a California based real estate investment group with over 16,000 members.

www.realwealthnetwork.com

Kathy also hosts two extremely popular podcasts - "The Real Wealth Show", and "Real Estate News for Investors with Kathy Fettke".  She's also the author of the popular book "Retire Rich with Rentals" which is available on amazon.com.

During our conversation, Kathy and I discuss areas of opportunity around the country, as well as 'bubble areas' that Kathy is helping her investors move their money out of.  Kathy shares how she and her husband overcame a major life obstacle to begin investing in real estate, and whether or not the market is heading for another downturn.

There's a lot of great information packed into the episode that will make you look at real estate investing in a new light.  Enjoy!

Oct 10 2016

54mins

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Rank #18: EP122 Breaking the Golden Handcuffs of a Well-Paying Job and Getting Started as a Real Estate Investor with Lane Kawaoka

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Lane Kawaoka is an engineer by day, but whenever he's not on the job, he's full-on into Real Estate Investing as the owner of MPFE Investments which is focused on value-add multifamily apartments.

Lane and his partners own over 626 units and he's raised over $2 Million from private investors.

Today we're going to discuss the steps Lane is taking to break the "Golden Handcuffs" of his high paying job, why its important to get started investing, even if you're buying a mediocre single-family, the reasons he doesn't like 1031 exchanges, and the three ways a deal can fail.

Lane also lives in Hawaii, and explains how he's able to invest in other states.  He also describes his transition into commercial real estate investing and how he learned to talk with brokers and find strategic partners in new areas.  You'll definitely pick up a lot of great information from this episode that will help you in whatever type of investing you're interested in.

You can contact Lane through his website or email:

http://simplepassivecashflow.com/

Lane@simplepassivecashflow.com

Enjoy the show!

May 14 2018

51mins

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Rank #19: EP081 How He Started with a $30K Four-Unit Foreclosure and Built a Million Dollar Portfolio with Tim VandenToorn from United Properties of West Michigan

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In 2011 Tim VandenToorn took a leap of faith and invested $30,000 from his savings and ROTH IRA into a four-unit foreclosure.  That was his first step into real estate investing and he's been going strong ever since, building a portfolio worth over $1 Million dollars.  In this episode, you'll find out how he did it.

Tim and I also discuss his previous career in law enforcement, and why he traded that in to work with his family in property management at United Properties of West Michigan.  Tim started as a maintenance tech and has since worked his way up to Managing Partner, where he oversees over 500 properties in the West Michigan area.  Tim also started United Realty, which assists investors with the acquisition of investment properties.

Tim shares a lot of the experience he's gained during this time, such as buying multiple properties from tax sales, understanding the true expenses of investment property, the power of using 'other people's money', budgeting for capital improvements, and the functional issues tenants look at when deciding whether they should rent your unit.

Tim also spends a lot of time working with first-time investors, and shares his tips on managing your expectations in this hot real estate market, defining your goals, and where he sees the opportunities going forward.

There's a lot of great information packed into this conversation.  If you'd like to contact Tim or United Properties, you can do so by email or website:

tim@rentupm.com

https://www.rentupm.com/

Tim can also be found on Bigger Pockets.

Jul 31 2017

47mins

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Rank #20: Special RPOA Economic Forecast with Paul Isley

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One of the RPOA’s goals during this Coronavirus Pandemic is to keep you as up-to-date as possible with information that will help you survive and thrive as real estate investors. That’s why I’m so excited to be talking with today’s guest about the economic impact this pandemic is going to have on our real estate investments.  If you’ve been looking for real data on our city, state & country’s economic strength & what all this means for your real estate portfolio, then you’re definitely going to want to hear this economic forecast with Paul Isley.

Paul is the Associate Dean and Economist for Undergraduate Programs in the Seidman College of Business at Grand Valley State University.  If you’ve ever been to the RPOA’s annual conference then you already know that Paul is the most popular speaker by far.  This year his presentation was standing room only, and his economic forecast was incredibly eye-opening.

Now, 8 weeks into this pandemic, Paul has new data that will shed light on the state of our economy and what we can expect in the coming months and years. Whether you listen to the podcast episode or watch the youtube video in order to view Paul's economic charts this is an episode you don't want to miss!

Apr 30 2020

50mins

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EP240 Solving the Need for Workforce Housing with Scott Choppin

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As real estate prices increase, and the supply of new construction fails to keep pace with demand, the need for middle income housing is a steadily rising challenge that many communities are experiencing.  Today we’re going to discuss Workforce Housing.  What is it, who benefits from it, and how is it being developed?

And here to have this conversation is Scott Choppin, a seasoned real estate developer with hundreds of millions of dollars of experience and specialization in workforce housing.  He’s also the founder of Urban Pacific, which specializes in the development of a unique type of Urban TownHome.

Scott is going to share the development model that he’s employing in middle-income neighborhoods that cater to co-living and inter-family residents.  We’ll discuss the cost saving techniques he’s employing to develop and build these properties without any type of government subsidies.  We’ll also discuss the defensive nature of this type of housing against economic downturns and the financial fallout from the coronavirus pandemic.

There is a very real problem in which wages in our country aren’t keeping pace with the cost of housing.  Creative solutions like the type Scott shares in this episode are necessary if we’re going to overcome these challenges.  You can contact Scott through his website at www.urbanpacific.com or learn more through Urban Pacific’s youtube channel.

Aug 10 2020

1hr 1min

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EP239 How He Fixes Broken Apartments with Jerome Myers

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My guest today is a big fan of the Keanu Reeves movie “The Matrix”, and he believes that most people really are living in the Matrix and it’s his job to help them escape. He does this by teaching them the benefits of multifamily and apartment real estate investing

Since leaving a successful corporate America career, Jerome Myers has become a thought leader in the multifamily development space.  Jerome leads The Myers Development Group which focuses on buying broken apartment building businesses and using innovative thinking and solid execution strategies to optimize the operational efficiency of the business. 

Jerome asset manages 90 units and 90,000 square feet of workforce housing across Virginia and North Carolina and he’s on a mission to hold 1,000 doors in the next 8 years.  He also hosts the podcast “Myers Methods Presents Multifamily Missteps”.

Today Jerome will take us through the process of acquiring, rehabbing and profiting from two of his multifamily properties, and we’ll also discuss why he prefers Joint Ventures over Syndications, why it’s so important to know how to convey the “Story” when applying for a loan, and how critical it is to establish a relationship with your lenders.

I know you’re going to enjoy and benefit from listening to this conversation with Jerome.  You can contact Jerome through linkedin & www.myersmethods.com

Aug 03 2020

57mins

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EP238 How You Can Achieve 'Time Freedom' through Passive Real Estate Investing with Travis Watts

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Today’s guest is going to talk about ‘Time’. Specifically, ‘Time Freedom’ and how you can achieve it through Real Estate Investing.  He’s also going to discuss how you can transition from being an active investor to 100% passive.

Travis Watts is a full-time passive investor who has been investing in real estate since 2009.  He’s invested in multi-family, single-family and vacation rentals.  He’s also the Director of Investor Relations at Ashcroft Capital which was co-founded by Joe Fairless.

Travis has invested in over 27 passive syndications and has made it his mission to share passive investment strategies in order to help others achieve and maintain wealth in real estate.

Today Travis is going to describe his transition to Passive Investing, what he looks for in the sponsors and operators he invests with, Best Practices for Investor Communications, and specific examples of the deals he’s invested in.

I know you’re going to enjoy this conversation with Travis. You can contact him in the following ways:

Download Free Passive Investor Resource Guide @ https://ashcroftcapital.com/passiveinvestor-old/

Email:  travis@ashcroftcapital.com

Travis is also available on facebook, linkedin & biggerpockets

Jul 27 2020

45mins

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EP237 Mind-Blowing 1031 Exchange Strategies that will Shelter Your Profits from the IRS with Dave Foster

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As real estate values increase, so too does the idea of selling your investment property and taking your profits off the table.  One of the major considerations in doing so however, are the tax consequences.  Many investors choose not to sell because they simply don’t want to pay taxes on their long-term gains.

There is a way, however, to take those gains and not pay taxes on them by transitioning those profits into a different investment property. I’m talking about the 1031 exchange, and it’s a tool that you can use to delay paying those taxes.

Dave Foster is a 1031 Exchange Expert, and he’s here today to help us understand how it works.  Dave is the Founder & CEO of the 1031 Exchange Investor, and he’s also a degreed accountant and serial real estate investor, as well as a qualified intermediary and consultant.  Today he’s going to share his tax saving strategies in order to help you maximize your real estate investment returns.

We’ll be discussing the timeline you must follow when doing a 1031 exchange, why you must have a qualified intermediary, the types of properties and investments you can do this with, and whether or not you can 1031 into a syndication.  Dave also shares some great examples and unique 1031 strategies that I guarantee will make you say 'Wow'!

If you’ve ever considered selling an investment property and sheltering your profits through a 1031 exchange, you’ll definitely want to hear what Dave has to say.  You can contact Dave through his website www.the1031investor.com

The 1031 Exchange order form that gets listeners a $50 discount is www.the1031investor.com/podcast

Dave can be reached at 850-889-1031 and at dave@the1031investor.com.

Jul 20 2020

58mins

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EP236 How He's Acquiring 5 to 10 Properties a Month by Negotiating On His Terms with Chris Prefontaine

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To many people the real estate market may seem unpredictable, and the very real fear of losing money has been a huge psychological hurdle to overcome.  Many investors don’t want to be at the mercy of the economy and the banks.

My guest today has found a way to circumvent that fear and risk by investing in real estate on His Terms.  Chris Prefontaine is rewriting the rules of real estate and coaching investors on how to scale and automate their business without using their cash or credit.  His family business has done over $80 Million in real estate transactions.

Chris is also the Best-Selling author of 2017’s “Real Estate On Your Terms” and this year’s “The New Rules Of Real Estate Investing”. Chris and his family are acquiring 5 to 10 properties every month and control between $20 to $30 Million --- all done on Terms without using their own cash, credit, or signing for loans. 

Today we’re going to discuss what it means to invest in Real Estate on Your Terms, the two strategies Chris recommends that new investors prioritize, how he survived the Great Recession, and the Core Values he believes are necessary when starting a business.

You can contact Chris through his website: http://smartrealestatecoach.com

To Download the Book “Real Estate On Your Terms”: www.freeSRECbook.com and www.newrulesforfree.com

Jul 13 2020

42mins

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EP235 Short Term Vacation Rentals RPOA Expert Panel 2020

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One of the highlights of the RPOA's 2020 Annual Conference was the Expert Panel on Short Term Vacation Rentals, and today you get to listen to this Pre-Covid-19 Conversation.  We assembled an incredible group of experts and investors to help us understand the best practices for owning & operating short term vacation rentals, the biggest challenges facing the industry, and why its so important for the industry to professionalize and improve its perception in the community.

Ed Bodman has over 7 years of experience owning & operating short term rentals.  Ed has become an expert in hospitality, hosting, maintenance, marketing, cleaning, staging, furnishing, buying right, and working with city government to promote his community.

Kim Post has a House and 10 cabins in Cadillac Michigan that will all be converted to short-term vacation rentals by fall.  Currently the House and 6 cabins are online.  

Kim’s been a real estate investor for over 30 years and is the owner of Post & Associates Appraisals and Next Door Properties, LLC

You can hear Kim on Episode #28 of the podcast.

Gary Hall is in his 4th season running an 11 unit as an airbnb motel.

Gary is an entrepreneur, passive income strategist, and the operations manager of Westshore Property Management in Muskegon managing both short and long term rentals. 

Gary was also a guest on the podcast – episode #89 and the Halloween episode

If you're interested in investing in Short Term Vacation Rentals I know you're going to learn a lot from these experts.  You can still join as a charter member in the Short Term Vacation Rental Association for $49 a year by following this link:

Become a Charter Member of the Short Term Rental Association

Jul 06 2020

50mins

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EP234 How to Increase Your Profits by Getting Control Over Your Utility Expenses with Scott Ringlein

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One of the best ways to increase your net operating income and cashflow is to get control over your utility expenses.  Whether it’s through improving your existing systems and mechanicals, adding renewable sources such as solar panels, or installing water saving aerators to your faucets, there are many ways you can improve the energy efficiency of your properties.

However, this does require an investment of time and money. If you don’t have the funds to make this investment, you may be missing out on a huge profit opportunity.

Today we’re going to be discussing some of the energy efficient and cost-saving changes you can make to your investment property and the different types of programs and loans available that will cover the costs.

With us today is Scott Ringlein, the founder and CEO of The Energy Alliance Group of North America, who’s mission is to develop and deploy innovative solutions to energy, waste, and environmental challenges through the combination of technical and financial solutions.  Scott will be sharing his knowledge on funding sources and grants available for energy improvements, PACE Financing, Solar Power, and other tips that will save you money.

You're definitely going to want to check out this episode and will likely benefit from Scott's information.  Scott can be reached through his website:  https://energyalliancegroup.org

Jun 29 2020

43mins

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EP233 Shopping Malls, Big Box Stores, and Strip Centers. How His $3 Billion Retail Portfolio is Holding Up in the Age of Amazon and Covid-19, with Chris Ressa

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You’re about to hear an incredibly informative conversation I had with Chris Ressa about Commercial Retail investing.  We recorded this on March 11th, just before our country went into lockdown, and as we all know, retail has taken quite a beating over these past months. 

What I’d love for you to do is to listen through this conversation to get a detailed understanding of how retail investing works, and then at the very end you’ll hear my follow-up conversation with Chris that we recorded this past week. Chris is going to update us on how his $3 billion portfolio has survived during the past three months.  Definitely stick around to the end, because you won’t want to miss it!

Every time I drive by a strip mall with a TJ-Maxx, or a ROSS Dress For Less, or a Burlington Coat Factory, I always wonder, “Who owns that property, and what does that investment actually look like?”  Today we’re going to talk about investing in retail. What are the factors that make this a profitable asset class, how do we value it, what are the risk factors, and in the age of amazon.com how will brick & mortar retail hold up in the future?

Luckily, we have an expert with us today to answer these questions.  Chris Ressa is the Chief Operating Officer of DLC Management where he oversees an asset portfolio of $3 billion dollars and 18 million sq. ft. of retail space in 24 states.  Since its founding in 1991, DLC has been one of the nation’s preeminent owners, operators and managers of shopping centers across the country.

Chris has been recognized by Chain Store Age and made their list of “10 Under 40: The Dazzling Dozen”.  He also hosts the “Retail Retold podcast”.  You can find out more about him through linkedin #RessaOnRealEstate, or by going to www.dlcmgmt.com

Jun 22 2020

1hr 7mins

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EP232 Investing in Self-Storage on a Massive Scale and Structuring Your Fund with Kris Benson

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One of the asset classes that’s expected to hold up well during this Coronavirus Pandemic is Self-Storage.  In fact, it tends to do well no matter how the economy is performing.  Today we’re going to take a look at the factors that make Self-Storage so attractive and help you understand how to successfully invest in this sector.

And here to take a deep dive into this strategy is Kris Benson, the chief investment officer for Reliant Investments, a subsidiary of Reliant Real Estate Management, which is one of the top 25 commercial Self-Storage operators in the U.S.  Reliant has completed over $650 Million in Self-Storage acquisitions and dispositions in the past 5 years.

We’ll also be discussing what it takes to put together a $50 Million fund, and Kris’ role in raising money for Reliant’s portfolio. For those of you who are syndicators or raising money for your own fund, you’ll definitely benefit from learning how Kris raises money from investors, how Reliant structures their investment opportunities, and the finer details of valuing every investor’s share in the fund.

You can contact Kris through www.reliantinvestments.com or linkedin (Kris Benson)

Jun 15 2020

53mins

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EP231 How He Bought an Island and is Building a World-Class Resort with Dan Behm

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My guest today made a lifestyle real estate investment in an asset class that most of us can only dream of. He bought an Island!  And he’s turning that island into the world’s sexiest off-the grid private luxury resort featuring over-water villas, treehouse jungle suites, and the world’s first over-water beach on stilts.

You may know Dan Behm from his online blog called “Why I bought an Island”, and if you’re from the West Michigan area you may know him as the Founder and Past CEO & President of the wildly successful tech company ‘OST’, or Open Systems Technologies.

Dan is also an entrepreneur and investor focusing on residential and commercial real estate, small businesses and international resorts. He’s received many awards over the years including the Ernst and Young Entrepreneur of the Year and the West Michigan MSU Business Person of the Year.

And today, Dan is going to tell us why he bought this island in Panama, the engineering and structural challenges his team had to overcome to turn it into a world-class resort, how he’s maximizing profit, and the Return On Investment he’s targeting for investors.

I know you’re going to enjoy this fun and inspiring conversation with Dan.   You should also check out the video version on youtube, where you’ll be able to see photos, renderings, and video from the project.

You can find out more by going to https://bocasbali.com

Jun 08 2020

46mins

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EP230 How He Applies His Christian Principles to Real Life Real Estate Situations with Ellis Hammond

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Ellis Hammond is my guest today and he began investing in real estate while he was serving as a college pastor in San Diego.  While his goal was to create passive cash flow for his family, he realized that investing in Real Estate could be an incredible resource to help his family and many others achieve financial freedom.  He and his wife invested in a San Diego duplex in 2018 and 9 months later he became a Co-General Partner on a 144-unit apartment complex in Memphis TN.

Ellis is the founder of Kingdom Capitalists, the #1 mastermind community for Christian real estate entrepreneurs.  He hosts a top-rated podcast called “Kingdom Capitalists” where he features other successful Christian entrepreneurs and business owners discussing their faith and success.

Today Ellis shares how he grew his real estate portfolio and how he uses his evangelistic skills to network and create communities on linkedin and meetup groups.  He’ll break down his strategy for creating content that attracts opportunities and investors, and we’ll also discuss how his Christian Faith informs the decisions he makes as a landlord and entrepreneur.

I know you’re going to enjoy this episode.  You can contact Ellis through linkedin, https://kingdomcapitalists.co or https://ellishammond.com

Jun 01 2020

42mins

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EP229 Deal Packaging, Homes of Multiple Occupancy, and Raising Cash in the UK with Susannah Cole

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My guest today is one of the UK’s most successful self-made property investors.  She started her first business at the age of 22 and even then she knew she had an entrepreneurial spirit which could not be constrained by a JOB.  She broke out of the corporate world to follow her dreams and founded the Good Property Company UK which she has been running for over 10 years.

Susannah Cole believes anyone can make millions from property, and that it is possible to succeed even with very little money to start with.  She has sourced, bought or let out more than 200 properties with a value of $45 Million Pounds, and has invested her own capital to develop her multi-million-pound property portfolio.

Susannah’s top priority is helping others achieve, or surpass, her own success.  Today she’s going to share the strategies that have made her so successful.  We’ll be discussing ‘HMO’s’, Homes of Multiple Occupancy, which are quite common in the UK.  We’ll also be discussing the concept of ‘Deal Packaging’, which is similar to wholesaling with several key differences.  Susannah is also an expert on raising money from High-Net Worth Investors and will be discussing how she’s been able to attract them to her investments.

You’ll definitely find the differences and similarities between investing in the United States and the UK highly interesting. Susannah’s experiences will help any listener improve their own investing.  You can find out more through her Youtube channel: https://www.youtube.com/user/goodpropertycompany

and website: https://www.thegoodpropertycompany.co.uk

May 25 2020

48mins

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EP228 Sometimes the Best Deal is the One You Walk Away From, with Ken Jenkins

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Many Multifamily & Apartment Investors are looking for opportunities wherever they make sense.  Today's guest found what appeared to be an excellent upside opportunity in Macon, Georgia that he and his partner got under contract, completed due diligence on, raised the equity and sourced the financing.  Everything was all set to close, until something came to light that changed the entire deal.

Today you're going to hear a story about why it's so important to keep looking, digging, and asking questions, even after you've completed your due diligence.

Here to share his story is Ken Jenkins, principal for Integrated Property Group Managers which owns and operates 181 units in South-East Michigan.  Ken is also my cousin, and you may remember his previous appearances on EP# 16 & 17.

No matter what level of investor you may be, you will definitely benefit from hearing Ken's deep dive into a deal that looked like a winner but ended up being one he had no choice but to walk away from.  You can reach Ken by email: kenj@thepropmanagers.com

May 18 2020

1hr 4mins

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EP227 How He’s Achieving Financial Freedom through Student Housing Investing in California with Ryan Chaw

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Do you know what your financial freedom number is? The answer is the amount of passive income you’d need to achieve in order to cover all of your expenses and replace your job income.  When you ask most people what their financial freedom number is, the most common answer is $10,000 a month in passive income.

Well today we’re going to talk to someone who has achieved that number.  Ryan Chaw is a single-family home investor who has managed to create a six-figure rental portfolio in California where most houses are overpriced and cash flow is limited.  Today he’s going to share his strategy for managing 4 single family homes himself while still working his full-time job.  We’re also going to discuss important tips on preventing high-cost emergency repairs along with Ryan’s system on super targeted marketing. 

Ryan is fast becoming an expert on converting traditional home rentals into multi-bedroom student housing.  I know you’re going to appreciate learning more about the tools he’s using to manage remotely, ensure on-time rent payments, and market through Facebook.  Ryan can be reached through his website: www.newbierealestateinvesting.com

May 11 2020

35mins

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EP226 A Rocketship to Multifamily Success with David Toupin

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When David Toupin was last on this show he was well on his way to real estate success as a co-owner of a $7 Million portfolio of 120 units, plus a successful single-family fix & flip business. Well at some point David invested in a rocket ship, because his momentum since then has been stratospheric.

Today David is a Top Millennial real estate investor, speaker, and entrepreneur.  He co-founded Obsidian Capital with our previous guest, Glenn Gonzales, and has acted as a key principal with over $50 Million in real estate holdings and he’s raised well over $10 Million in capital.  He also designed and developed a best-selling multifamily deal analyzer, and used that as a platform to found a new software company called Real Estate Lab.

You’re definitely going to want to hear why David moved his business from Detroit to Austin, Texas, the importance of financial analysis in deal-making, how he utilizes social media to attract investors, and how you can achieve his level of success no matter where you are in life.

David can be reached through Instagram @realestatejedi or https://www.obsidiancapitalco.com

May 04 2020

46mins

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Special RPOA Economic Forecast with Paul Isley

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One of the RPOA’s goals during this Coronavirus Pandemic is to keep you as up-to-date as possible with information that will help you survive and thrive as real estate investors. That’s why I’m so excited to be talking with today’s guest about the economic impact this pandemic is going to have on our real estate investments.  If you’ve been looking for real data on our city, state & country’s economic strength & what all this means for your real estate portfolio, then you’re definitely going to want to hear this economic forecast with Paul Isley.

Paul is the Associate Dean and Economist for Undergraduate Programs in the Seidman College of Business at Grand Valley State University.  If you’ve ever been to the RPOA’s annual conference then you already know that Paul is the most popular speaker by far.  This year his presentation was standing room only, and his economic forecast was incredibly eye-opening.

Now, 8 weeks into this pandemic, Paul has new data that will shed light on the state of our economy and what we can expect in the coming months and years. Whether you listen to the podcast episode or watch the youtube video in order to view Paul's economic charts this is an episode you don't want to miss!

Apr 30 2020

50mins

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EP225 Will This Mastermind Group Help Him Dominate The Detroit Flipping & Rehab Market?  With Ramond Harris, Justin Workman, Patrick Spitzley & Stephen Benedict

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Last year at the RPOA annual conference I met Ramond Harris for the first time.  After hearing his story about flipping, wholesaling and rehabbing in the Detroit area, I knew we needed to record a podcast.  You may remember the Mastermind conversation we had with friends of this show Justin Workman and Patrick Spitzley on episode #168 where we helped brainstorm ways Ramond could fix his broken business model, decrease his debt by shedding some unused assets, and set himself up for huge growth.

Now, a year later, we’ve all met back up at the RPOA 2020 annual conference and we’re going to mastermind again with Ramond to see what’s changed and how his business has progressed since we last talked.  We’ll also be discussing some new marketing and deal flow challenges that have cropped up, and how he might tackle them.

Joining us as well is Stephen Benedict, local Sheriff’s Sale Auction expert from episode #101, who has some valuable advice on how to beat out the competition at the auction table.

I know you’re going to enjoy this episode as much as I did.  Ramond is very open about the very common challenges he faces in his business.  You’ll also benefit greatly from the advice offered during the show.

Apr 27 2020

54mins

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EP224 From Maintenance Man to over $290 Million and 5,000 Units in Acquisitions with Glenn C. Gonzales

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My guest today wants you to know that if he can make it as a successful real estate investor, then anyone can.  Glenn Gonzales began as a maintenance man working for several other successful real estate investors.  As he grew more confident in his job, he began to realize how the proactive decisions he was making were improving the health of the properties he was maintaining.  But it was the other lessons he learned on the job that propelled him to where he is today.  Glenn is now the CEO and Co-Founder of Obsidian Capital, a real estate investment firm out of Austin Texas.  In the past 6 years Glenn has accomplished over $290 Million in total acquisitions, 5,000 total units, and raised over $80 Million.

Glenn is also the author of the bestselling book “Maintenance Man to Millionaire: Real Estate Wealth Creation for Everyday People”. He’s also a great guy with a lot of fun stories to share, and today he’s going to tell us how he was continuously pushing himself to take on new challenges at the property management company he worked for, and how he was able to raise the funds to acquire his properties.  We’ll also discuss his experiences raising money from crowdfunding companies, as well as Family Offices.

I know you’re going to enjoy this conversation with Glenn and benefit from his wisdom.  Glenn can be reached by email or through his website:

glenn@obsidiancapitalco.com

https://www.obsidiancapitalco.com

Apr 20 2020

47mins

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EP223 Is It Time To Sell Your Rental Properties? Roundtable Discussion with Ben Blake, Jeremy Schumann and Justin Workman

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Back in the pre-covid-19 days when people could actually sit together in the same room, a group of rental property owners met to answer one simple question:  "When is it time to sell your rental property?"  Even though the world has changed considerably since then, the answers they came up with still hold true today.

Let’s say you’ve acquired a decent sized portfolio of rental properties, they’re cash flowing, well-managed, and achieve your goals of long-term wealth.  But maybe the cash flow you’re receiving isn’t enough to allow you to quit your job, or retire early, or pay for that cruise ship vacation.  However, there is enough equity in your portfolio to sell for a substantial profit.

Is it time to sell and take your chips off the table?  Or are you better served to stay on the ‘buy & hold’ path that you set out on so long ago?

Many investors are faced with this very question, and I have two of them in the studio with me today.  Plus, I have a very special guest who’s going to help us talk through this very important decision-making process.

My first guest is Ben Blake, and when he was last on the show, episode #149, he discussed his 12-unit Grand Rapids portfolio, and why he decided to take over the management himself.  Ben recently sold his entire portfolio, and today we’re going to learn why. 

Also in the studio is Jeremy Schumann, who owns a 13-unit portfolio here in Grand Rapids, Michigan.  Jeremy is currently trying to decide whether he should hold or sell, and we’ll be talking through that decision with him.

And friend of the show, Justin Workman, is joining us as well. Justin always lends a mathematical and informed perspective on these types of decisions, and I’m sure he’ll balance out any opinions I might have as the four of us go through the different thought processes and cashflow and appreciation calculations a rental owner must consider before selling their investment property.

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

Apr 13 2020

59mins

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EP222 The Nitty-Gritty of Mobile Home Park Investing and Finding Success by Doing What Others Fear with Ryan Narus

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Imagine what it’s like to get started in real estate investing when you have nothing.  No money, no experience and no network.  Now imagine you’re also in your 20’s and have more student loan debt than actual capital to invest in deals.  On top of that, you have a job in corporate America, but you’re still BROKE.

That is where today’s guest was 8 years ago.  Ryan Narus is a self-made real estate entrepreneur and accredited investor who started with nothing and now owns and operates 12 Mobile Home Parks spanning over 1,300 units.  He’s the co-founder of The Archimedes Group where he works at home, has 5 employees, and hosts his own podcast called ‘Mobile Home Parks in Real Life”.

Today Ryan is going to share why he was eager to sacrifice and do things others weren’t willing to do, so that he could live the life others only dream of.  We’re also going to discuss the nitty gritty of mobile home park investing, including the times Ryan has had his life threatened while confronting drug dealers on his properties.  Despite all this you’ll learn why Ryan has dedicated his business to this asset class.  You can contact Ryan through his website:  http://www.archimedesgrp.com

Apr 06 2020

54mins

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iTunes Ratings

145 Ratings
Average Ratings
122
6
6
3
8

You will learn a lot

By Princ3ss_S - Jan 02 2020
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Great podcast if you want to get new tips and techniques. Love the guests and the questions asked.

Th best

By Kmclarty24 - Dec 20 2019
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Every episode has me saying “what! Yes!” Consistently taking notes.