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Rental Property Owner & Real Estate Investor Podcast

Every Monday your host, Brian Hamrick, 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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Rental Property Owner & Real Estate Investor Podcast
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Nov 12, 2018

Sooner or Later, every one of us will be faced with the challenges of providing safe and comfortable housing for our aging population.  Whether you're looking for a housing solution for yourself or a family member, or you're an investor interested in profiting from this need while doing good for others, there is a lot of information you need to know before going down this road.

Gene Guarino is a CFP, Founder of The Residential Assisted Living Academy, and is regarded as an expert in the residential senior housing space.  Gene has taught many investors how to profit from Residential Assisted Living while helping others at the same time.  Today he's going to share how you can participate as a real estate investor, business owner, or simply a passive investor in this fast growing field.

Gene will also be one of our featured speakers at the RPOA's Annual Michigan Landlord & Real Estate Investor FREE Conference & Expo which is happening in Grand Rapids, Michigan from February 21 through 23, 2019.  This is the largest Landlord & Real Estate Investor Conference in the Midwest, and you can register for free at:

https://rpoaonline.org/training-events-annual-conference-expo/

I know you're going to enjoy listening to my conversation with Gene.  Senior Assisted Housing is a fast growing investment opportunity that is, and will continue to be, very much in demand.

Enjoy!

Nov 5, 2018

Many Savvy Real Estate Investors are making a lot of money by renting out their property as short term rentals through sites like Airbnb.com.  Some are getting 3 to 4 times what they would be making from a long-term rental.  But for every investor who's making a killing with their short-term rental, there's another investor who either hasn't gotten started or is losing money because they're doing it wrong.

Today we talk about the nuts & bolts techniques involved in successful short-term rental investing with Frederick Kidd, who has been managing and operating short-term rentals for the past eight years.  Frederick owns and operates his own short-term rentals in the West Michigan area and the Chicago metro market.  he also provides full-service management of short-term rentals and rental properties through his company, Silver Lakes Property Management, which currently manages short-term rentals for clients located in Benton Harbor, Grand Haven, Spring Lake and Manistee, Michigan.

Frederick is going to share his best practices for managing short-term rentals remotely, finding the right team members, understanding the expenses, getting the 5-star ratings from guests, communicating effectively when problems occur, and the top things you must do to be successful.

When it comes to short-term rentals the details really do make the difference, and Frederick is going to get specific about what thread count his sheets must have, whether or not he leaves condiments in the fridge, where he buys his mattresses, and the top five things you must stock up on to make your guest feel at home.

This episode is a 'must-listen' for anyone interested in making more money from their rental property.  Frederick can be contacted through his websites or email:

http://www.silverlakespm.com/

https://www.silverlakesvacationrentals.com/

info@occupiedincorporated.com

Oct 29, 2018

On the morning of August 6th an associate of mine received an email from me requesting that he wire a vendor payment of $3,470.  Because of our relationship, it was not unusual that I would make this request.  Luckily, he texted me to ask what the payment was for, and that's when we realized that someone was impersonating me and attempting to commit Cyber Fraud!

In the words of Tom Cronkright, my guest today, Cyber Fraud is "unhinged and has reached an epic level in real estate transactions."  This affects everyone who is buying or selling real estate.

Tom is an expert on Cyber Fraud and started a company called CertifID to prevent fraud in the real estate, lending, and title industries.  You might also recognize Tom as the CEO of Sun Title, a Title Agency serving the Greater Grand Rapids, Michigan area.

Tom has some Mind-Blowing content to share with us today, including clues to look for that indicate you're being scammed, ways to protect yourself, and Real-Time examples of Fraud that Tom has seen over the past year.

You definitely want to listen to this episode, because its not a matter of 'if', but rather 'when' Cyber Fraud will happen to you!

You can contact Tom by email at:  tcronkright@certifid.com

And find out more about CertifID by going to https://certifid.com/

Oct 26, 2018

This is one of my All-Time Favorite Episodes, and since Halloween is coming up I wanted to Scare our listeners one more time.

My apologies to "This American Life" - who's format I shamelessly ripped off!...

Get Ready to Get Scared by this Special Halloween Episode with Real Ghost Stories from the perspective of Rental Property Owners, Homeowners, and Tenants.

Whether you believe in Ghosts or not, sometimes strange and inexplicable things happen that make the hairs on the back of your neck stand up. Our guests today talk about the creaking doors, the footsteps, the feeling of being watched, and the sensation of seeing an apparition of someone long dead.

With stories from old and new guests: Ann Finkler, Gary Hall, Steve DeKoster, Brandon Krieg, John Potter, and Sue Dejonge.

I know you'll enjoy this episode and I'd appreciate it if you'd share that enjoyment by giving us a review and rating in itunes.

Happy Halloween!

Oct 22, 2018
Matt Theriault is a Marine Corps Desert Storm Veteran who built a hugely successful career in the Music Business and then watched it all Disappear seemingly overnight.  Eventually to the point where Matt found himself bagging groceries for $7 dollars an hour just to survive.

It was while working this minimum wage job that Matt received advice from an unlikely mentor that would change his life and allow him to retire young.  Matt is now an accomplished Real Estate Investor and Mentor with a cash flowing portfolio of over 100 units that have made him financially independent.

Today, you're going to learn what advice Matt's mentor gave him, and how it lead to his first deal where he turned a Single Family Home into a Four-Unit.  Matt will also discuss his Wholesaling experiences, the markets he invests in, how he finds good team members and avoids the bad ones, and what he says at REI meetings to attract investors and deals.

Matt discusses many creative ways that investors can use to create passive income and I know they will be of great interest to our listeners.  Matt is also the host of the "The Epic Real Estate Podcast" and you can contact him through his website

https://freerealestateinvestingcourse.com/your-first-deal20025535

Oct 15, 2018
Kenny Wolfe started his Multifamily and Apartment portfolio with a 76-Unit deal, and he's built that up to over 2,400 units in multiple markets.  Kenny also invests in Triple and Double Net Commercial "Dollar" Stores, and has created a fund to do Hard Money Loans.

Kenny is the President of Wolfe Investments, and today he shares his wealth of experience and information as we discuss how he was able to build his portfolio remotely, how he had to fire several management companies along the way, and the value-add strategies he employed to increase the value of his properties.

We also discuss his recent acquisition of a property management company and how he's using it to position himself for the next market downturn.  Kenny also talks about the systems and software he's employed in his business, the strategy behind investing in NN and NNN Commercial Dollar Stores, and the trouble he's been noticing in the Hard Money Lending space.

I know you're going to get a lot of great information from this episode.  Kenny is also the author of "Investing In The Dream: How to Acquire Multi-Family Real Estate and Attain Total Financial Freedom" available at amazon.com, and you can contact him through his website:

http://wolfe-investments.com/

Oct 8, 2018

If you own and manage rental property, then keeping track of your income and expenses is something you've had to deal with.  And having the right systems and software in place can help you make more money, save time, and ultimately achieve a higher value when it comes time to sell.

Today we're going to talk about what you should look for in accounting software, the information you should be tracking, and how you should set up your books for proper accounting and tax purposes.

Steve Bjorkman is the CEO and Founder of Rental Hero, a simple and easy-to-use rental accounting software built for rental owners and landlords.  Steve and I discuss the pro's and con's of using excel and quickbooks, why you should always have a separate business account for your rental, the value of hiring a CPA, how to set up your books and categorize income and expenses, and how to keep track of your receipts.

Keeping track of your income and expenses is just as important as taking care of your property.  Those who get it right are better positioned to make higher profits.  Steve shares a lot of excellent tips and best practices in this episode that will help you do just that.

You can find out more about Steve and Rental Hero by going to https://www.rentalhero.io

Plus, Rental Hero offers an RPOA discount to members - Enjoy!

Oct 1, 2018

Scott Pollmann read the Purple Book, played the Cash Flow Board Game, paid for the Rich Dad Training, and set off to buy his first Real Estate Investment.  Most people would start with a Single Family or Duplex, but Scott managed to find, negotiate and acquire a 16-unit for his first deal.

Today Scott tells us how he made this happen and the lessons he's learned along the way.  We'll talk about the value of the training he paid for, how it helped him pinpoint his offer price on the 16-unit, and how it prepared him to add value once he closed.

Scott is also a High School Science teacher and has begun sharing his knowledge of Real Estate Investing with his students.  He's also learning from them.  One of his students used Robert Kiyosaki's lessons to invest in pigs!  Scott also has a strong belief in the value of mentoring and the changes it can bring into people's lives.

This is a great episode for new and experienced investors to enjoy.  You can contact Scott by email: Scott@10talentsllc.com

I'd also like to ask for a favor - please go to itunes and give us a 5-star rating & review.  This will help drive more listeners to the show.  Thanks!

 

Sep 24, 2018

The "BRRR" strategy works great for many investors.  Buy it, Rehab it, Rent it out, and Refinance (BRRR) can be a great way to build your portfolio and build cash flow.  But sooner or later, many of us realize that this is a very slow way to become financially independent.

Chandler Spence reached this Pivot Point while investing in Single Family Rentals in Nashville, Indianapolis, Baltimore, and Chicago.  That's what led him to look into investing in airbnb properties, starting with renting out his own basement.

Today we discuss Chandler's ability to build teams remotely, the red flags to look for with your rehab team, and why you should always check out the property before you buy.

We'll also discuss his experience with airbnb investing: how he's automated his business, the technology and tools that simplify the process, and the new frontiers in airbnb investing he sees happening around the country.

There's a ton of great information in this episode.  You can get in touch with Chandler through email or his website:

chandler@spencelegacy.com

https://www.spencelegacyholdings.com/contact

 

 

Sep 17, 2018

By the time you listen to this episode, Justin Richards and Aaron Lenartz will have closed on a 144-unit Class C Apartment Building in Memphis Tennessee.  And they'll have raised $1.3 Million from investors to do so.  I thought it would be interesting to sit down & talk with them about what they went through to find, inspect, and acquire this property while its fresh in their minds.

What you're about to hear is the nuts & bolts process from two investors and syndicators who have learned a great deal from the experience of closing their first large apartment syndication.  We'll talk about the importance of broker relationships, Best & Final offers, what it means to be a lifestyle investor, working with attorneys, and securing a bridge loan to complete necessary repairs.

You'll also learn how Justin and Aaron were able to be taken seriously as investors even though they'd never closed a deal this large.  They also share the process they went through to raise $1.3 Million from qualified investors, as well as the amount of their own money they had to put up along the way.

Justin and Aaron host a meetup group every third Wednesday of the month at the Buffalo Wild Wings in Wyoming, MI on 44th Street.  Their next meetup is this Wednesday, September 19th, 2018 at 5:45.  You can find out more information by going to https://www.meetup.com/Think-Multifamily-Real-Estate-Investing/events/253982654/

And you can contact Justin and Aaron through their website:

https://www.greysoncapitalgroup.com/

Enjoy!

 

Sep 10, 2018

Like many of us, Daniel Breslin started investing in real estate after reading "Rich Dad, Poor Dad".  The only difference is that he read it while serving time in prison.

Daniel was able to scrape together $5,000 to do his first deal, and 12 years later he's now the Founder & President of Diamond Equity Investments, a real estate investment company specializing in Fix & Flips and Wholesaling.

Daniel talks about the first deal he did after getting out of jail and how it changed his life, his philosophy on the Velocity of Money and how he likes to get in & out of a deal as quickly as possible, how he funds his deals and vets his partners, techniques on negotiating for the best sales price, tips on marketing to find good leads, and the historical biographies that inspire him.

Theres a lot of great info packed into this episode that I know you're going to enjoy.  Daniel is also the author of the book "Become a Wholesale Real Estate Master: Buy & Sell Houses With No Money Down" and he can be contacted through his website:  www.REIDiamonds.com

 

Sep 3, 2018

Gino Barbaro is an experienced investor in multifamily and apartments with over 900 units under his control, and he's built that portfolio without syndicating through his Refi & Roll strategy.

Today Gino is going to share his unique perspective with us on many areas of investing and life skills:  multi-faceted multifamily and creating multiple streams of income, how Life Coaching helped get him to where he wanted to be, the challenges he faced in building his portfolio, and the partnership that accelerated his success.

Gino is also the co-host of the "Jake & Gino Wheelbarrow Profits Podcast", and the co-author of "Wheelbarrow Profits:  How to Create Passive Income, Build Wealth, and Take Control of your Destiny Through Multifamily Real Estate Investing".

Gino is a super successful and motivated investor with a lot of experience and helpful techniques.  I know you're going to enjoy this conversation as much as I did.

You can contact Gino through email or his website:

Gino@jakeandgino.com

https://jakeandgino.com/

 

 

Aug 27, 2018
Five years ago I transitioned from being a full-time employee investing in Real Estate on the side, to being a full-time Real Estate Investor and Syndicator.  My greatest consideration before doing so was finding Affordable Health Care coverage for myself and my family.

Any investor who has dreamed of quitting their job and investing in Real Estate full time must consider this.  Health care costs can be one of the largest line item expenses for any business.  But understanding your options and plans available can be confusing and frustrating.

So I thought it would be helpful to bring in my health insurance broker, Chad Creasey from RCB & Associates, to break it all down for us:  What options are available to real estate investors, what are the pitfalls of choosing your own insurance, how to project whether you'll qualify for Obamacare subsidies, and who you can turn to for help.

Open enrollment season is also coming up starting November 1st and running through December 15th.  If you're going through a change in employment and need advice on finding your own health insurance, then you definitely need to have someone like Chad on your team.  Best of all, when you go through an agent or broker for health insurance, there is no additional cost to you.

I'd also like to welcome Chad and RCB & Associates as new sponsors to this show.  They're a strong supporter of the RPOA and I've been benefiting from Chad's advice for the past five years.

Chad can be reached by cell, email, or his website:

616-822-9286

ccreasey@rcbassociatesllc.com

https://www.rcbassociatesllc.com/

Aug 20, 2018

In today's tight housing market, landlords can be much more selective in who they rent their properties to.  Because of this, there are certain groups of tenants that are finding it more and more difficult to find affordable housing.

Today we're going to talk about one of these groups and the efforts by the state and West Michigan community to help them.

We're going to take a look at Returning Citizens, those who have been incarcerated, served their time, and are looking to re-enter society and find stable housing - which is an important part of preventing recidivism.  

This episode will definitely be of interest to landlords who are willing to consider the benefits of renting to returning citizens, as well as anyone interested in understanding the difficulty they face in finding a place to live.

This is a round-table discussion, and we've gathered a great group of guests to share their perspectives:

Angie Sprank is the Community Coordinator for Region 4 Offender Success Program and helps returning citizens remain successful in their transition back to society. 

Shellie Cole-Mickens is the Founder and Director of House of Blessings, providing housing and support for women with mental health and substance abuse challenges as well as extensive criminal histories.  She is also a returned citizen since 1996.

JoNathan Martin is a returned citizen since 2015, and works closely with other returning citizens to offer them support and guidance.

Ruth Walters is an officer with the Grand Rapids Police Department and runs a program called "CLEAR" for returning citizens to assist them in staying in the community.

For more information on the Offender Success Program in the West Michigan area you can contact Angie Sprank at:

spranka@michigan.gov

616-902-5994

For those outside of Michigan, you can contact your state's Department of Corrections.

Aug 13, 2018

Despite the higher turnover and maintenance costs, as well as the additional tenant headaches, investing in C & D rental properties can be more lucrative if you have a plan and know what you're doing.

Dan Essink owns and invests in Lower Income properties in the Muskegon, Michigan area.  He also manages them through his company, DICE Property Management.  Today, Dan is going to share his experiences and perspective with us:  How he got started by house-hacking his first duplex, the true cost of evictions and how he manages to avoid losing additional money on turnovers, and setting your boundaries with residents so they don't consume all of your time and effort.

Dan also talks about the property he's buying on Land contract through both his Self-Directed IRA (SDIRA) and his Health Savings Account (HSA) with only $15,000 down.

We'll also learn Dan's conservative thought process when it comes to investing in 401k's, running APODs, and understanding Amortization Tables and loan terms.

Dan shares a lot of great info in this episode that I know you're going to appreciate.  Please take a moment to give us a rating and review on itunes.

Enjoy!

Aug 6, 2018

Recently I received the following email from RPOA member and podcast listener Maureen Weick:

I have 1.5 acres of vacant land in northern Allegan County. I have been trying to decide what to do with it and would love to hear some opinions. These are my questions/thoughts -

1) Do I just sell outright as vacant land? ---Not a fan of this one - I will have capital gains to pay, unless I can manage the sale under a 1031 Exchange

2) Should I put a used double wide trailer there (this is rural lot) and rent it out? If I did that, should I put on a slab or a full basement?

3) Should I build a small home there and rent it out? Again, basement or slab? I hear it is quite expensive to build right now --but will that ever get any better.....?

If this was your property what would you do?

In order to answer these questions I asked Justin Workman to sit down with us and go over Maureen's options.  What followed was a lively discussion about 1031 Exchanges, building spec homes, buying mobile homes, and other possible options that will be of interest to any real estate investor.

Enjoy the show.  If you have a question you'd like us to consider for the podcast, please send me an email:  brian@higinvestor.com

 

Jul 30, 2018

Mark Podolsky began investing in Raw Land with only $3,000.  Seventeen years later, he's completed over 5,200 land deals with an average Return-on-Investment of 300%. 

Today Mark is going to share his Raw Land Investing techniques, and how he teaches other to make huge returns without putting any of their own money at risk.

Mark is the owner of Frontier Properties, a very successful and reputable land investing company.  He's also the host of several podcasts, including "The Art of Passive Income Podcast".  And he's the author of the recently released book "Dirt Rich: How One Ambitiously Lazy Geek Created Passive Income in Real Estate Without Renters, Renovations, and Rehabs".

Mark will share why you don't need money to get started investing in Raw Land, how he's able to do all of his due diligence on his computer, the ways he's systematized his business, and how he's confronted his fear of death.

There's a lot of great info in this episode, and you can learn more about Mark and investing in raw land by going to his website:  www.thelandgeek.com

Also, if you send an email to support@thelandgeek.com and mention this podcast, Mark will send you a free Passive Income Launch Kit.

Jul 23, 2018

As the host of this podcast, I enjoy getting questions from our listeners.  As a member of the RPOA, I love having experts on hand to help me answer those questions. 

Today Mark Troy joins me to answer listener questions and share his wisdom and experience gained over 18 years in the business.  Mark is the Managing Broker at Compass Realty Services and the Director of Real Estate Investment at Compass Property Management, both of which he is the original founder and co-owner.

Mark and I discuss whether one of our listeners should raise their tenant's rent, and under what conditions they shouldn't.  We also help a listener decide whether they should replace their roof for $12,000, or just patch it for the next 3 to 5 years for $1,500.

We also discuss the "End Game", and common exit strategies investors use to maximize their gains and take their chips off the table.

Mark also talks about 'Managing the Manager', and what he's noticing in today's market in terms of rent increases and sales volume.

Mark manages and has been involved in the acquisition of thousands of rental properties, so I know you're going to learn a lot from his unique perspective.

You can contact Mark through Compass Properties or his email:

https://compass101.com/

mtroy@compass101.com

 

 

Jul 16, 2018

Should Rental Application Fees be Banned? 

Today we're going to discuss an issue that's happening right here in Grand Rapids, but it affects landlords and rental property owners everywhere.  It has to do with the affordable housing challenge communities are facing as rents rise and neighborhoods gentrify.  As tenants find it increasingly difficult to locate and afford housing, those communities and their elected representatives are pointing the finger of blame at landlords, investors and property management companies, and looking for ways to legislate our behavior in order to solve this problem.

Just this week the Grand Rapids Mayor and City Commission voted to approve a rental application fee ordinance, which will be very consequential to all of us who provide rental housing.  In order to help explain and understand this ordinance, I'm joined by the RPOA's Director, Clay Powell.  Clay has been involved in this issue on the RPOA's behalf since its inception, and is going to break it down for us in order to understand how it will impact the way we screen tenants, collect application fees, and advocate for our rights as rental property owners.

You can learn more about the RPOA and become a member by going to www.rpoaonline.org

Jul 9, 2018

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 2, 2018

Ratan Khatri is a strong believer in the power of leveraging other people's money through syndication.  He's recently completed his first syndication with the purchase of 50 single family homes in Muskegon, Michigan, and he'll be investing in Senior Assisted Living, Mobile Home Parks, Self-Storage, and Multi-Family through syndication as well.

Today Ratan & I discuss his philosophy of investing, and why he believes its better to own 10% of ten things rather than 100% of one thing.  Ratan also shares his thoughts on the economy and why he's investing in different asset classes.  You'll also learn how Ratan has added additional value to his real estate through simple upgrades and improvements.

Ratan is also the owner of RKP Management, which manages over 200 homes in Muskegon, Michigan, with an emphasis on helping veterans and low-income families.  Ratan has been active in improving tenant screening in the Muskegon area, and those efforts have been paying off with decreased turnover for his & other's properties.

Ratan also discusses the immigrant experience, and why certain immigrants are so successful after moving to the United States.  You'll learn what separates America from the rest of the world, and why our streets are 'truly paved with Gold'.

I know you'll enjoy this episode and the wisdom Ratan has to share.  You can contact Ratan through his property management company, linkedin, or phone:

http://www.rkpmgt.com/

231-206-1181

Jun 25, 2018

Vinney Chopra came to America with $7 dollars in his pocket and a dream.  Today he Asset Manages a $172 Million dollar portfolio of Multi-Family Properties.  He's done over 26 syndications and has over 3,100 apartments under management.  The great thing about Vinney is that he can raise $6 to $10 Million dollars without breaking a sweat, but he remains humble and friendly and willing to share how he does it.

In today's conversation Vinney will tell us how he went from being a failure at door-to-door sales to buying thousands of doors through syndication.  You'll learn how Vinney talks with potential investors and the techniques he uses to raise millions of dollars.  We'll also discuss the importance of salesmanship and the marketing tips Vinney has learned along the way.

Vinney also shares the return-on-investment he shoots for with his investors, why he started his own property management company, and the people and books who have influenced his thinking in a positive way.

Vinney is one of the most positive and inspiring people you'll ever meet, and I know you're going to enjoy this conversation.  You can learn more about Vinney by checking out his website:

http://vinneychopra.com/

Jun 18, 2018

Calvin Beeke left college to become a full-time entrepreneur, found success with a business he created, and then decided to become a full-time real estate investor.

Within a short span of time, Calvin has dived right in.  He likes to have three flips going in any given period: one that he's just purchased, one that is being rehabbed, and one that is being sold.  At the same time, Calvin is building his Buy & Hold portfolio of value-add investments with a focus on mid-sized Multi-family.  He owns 17 units on his own, and over 50 units with his investment partners, ranging from a duplex up to a 24 unit Multi-family.

Today Calvin and I discuss how he gets his leads and finds his deals, how he's increased his Net Operating Income by increasing rents and lowering expenses, and the value of purchasing your own laundry machines.

Calvin also takes us through the numbers on a 12-unit he purchased in Lowell Michigan and the mystery of his extraordinarily high water bill.  We also discuss the pro's and con's of Freddie Mac and Fannie Mae loans and the different terms to pay attention to.

Calvin has built a profitable portfolio quickly, and I know you're going to enjoy learning how he did it.  Enjoy the episode and please take a moment to give us a review & rating on itunes.

Jun 11, 2018

Real Estate investors are quite often focused on acquiring assets and building their portfolios.  But how often do we stop to think about our 'end game', and when and how we'd like to wind down our investments?

Transition Planning is an important part of every investor's game plan, and having a team that consists of a real estate attorney, CPA, and financial planner can be very helpful in putting this plan in place.

Bobbi S. Hines is an attorney, and a member of Kreis Enderle's Estate Planning and Elder Law Practice Group, and she's in the studio today to discuss transition planning for real estate investors.

We'll be talking about the different transition options investors and business owners consider, how you should be planning your transition plan now, and the mistakes people make in laying the groundwork for their transition plans that can have disastrous consequences for their business and their heirs.

Bobbi will also be teaching the RPOA's "Transition Planning for Real Estate Wealth" course at the RPOA's Grand Rapids office on Tuesday, June 19th @ 10am.  You can register for this class by going to www.rpoaonline.org.

You can also contact Bobbi directly by email or phone:

bshines@kehb.com

616-254-8419

There's a lot of great information packed into this episode that every investor and business owner should be considering and planning for.  Enjoy!

Jun 4, 2018

Jeremy Garcia and Melanie Hall's path to real estate investing is very different than what you might expect from two successful entrepreneurs. Both have had to overcome the self-doubt and lack of confidence that many of us experience when starting down this road, but Melanie also faced tragedy and bankruptcy along the way.

Today they share their stories of working through that initial bankruptcy with the help of credit restoration companies and the RPOA, the House-Hack that made a $70,000 profit, and the house from hell that the city told them was on fire.

Jeremy also runs us through the numbers he looks for when making an investment and tells us about the police report he just filed on a contractor who was making unauthorized charges on his Home Depot credit card. Melanie explains why color is so important to making their homes feel inviting, and we discuss the purchasing power of women and why all rehabs should be done with them in mind.

This is a great episode to get to know two very interesting RPOA members and hear their true story. Jeremy also owns a landscaping company, and if you'd like to learn more about his services you can contact him through email:

jeremy.jmlandscaping@gmail.com

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