Many of us have been in competitive buying situations with multiple offers on the table for that one special property. It’s never fun to lose out to another buyer, and today’s guest has figured out a way to bypass that process all-together.
Jeff Stephens specializes in relationship-based negotiations and prefers to buy his properties off-market and directly from sellers.
Jeff believes you need to ‘solve the person, before you solve the deal’, and today he’s going to show us how that works.
Jeff is also the founder of “The Thoughtful Real Estate Entrepreneur” and the host of the popular podcast "Racking Up Rentals".
Today Jeff describes how he creates seller financing notes that allow him to substitute the collateralization. That way he can sell the property and still keep the note with the terms he negotiated intact. This might sound confusing at first, but trust me, this is a concept you need to understand. It certainly was an eye-opener for me!
Find out more:
1) Racking Up Rentals Podcast
2) Free Seller Financing 101 Training Video: www.sellerfinancing-101.com
3) The DEALS Workshop: www.thedealsworkshop.com
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
My guest today is a business leader, educator and public servant who has dedicated his life to advancing economic opportunity for underinvested communities.
And while Evan Shields has led the investment, development and asset management of over $4 billion in institutional commercial real estate assets, he has also realized that there is a huge disparity when it comes to who is actually at the table making decisions.
Today we’re going to discuss the need for more diversity, sustainability, and economic mobility that Evan is focusing on through his company Indelible Capital Partners.
IndeliCap is on a mission to invest $1 billion over the next decade in real estate with an indelible impact on our world. As an owner and operator, IndeliCap strives to revitalize communities through the acquisition and development of market rate, mixed income, workforce housing, and single-family rentals across the Southeast U.S.
Find out more:
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
If you raise money from investors to fund your real estate opportunities, you’re definitely want to listen to today’s conversation.
Staci Gray helps real estate syndicators systematize their operations so they can raise more capital and do more deals faster.
Over the past two decades, Staci has built several multi-7-figure businesses and now helps other entrepreneurs do the same thing through her company Organize to Scale.
Today we’re going to discuss the importance of leadership in scaling your business, as well as the essential components needed to put the right people in place to architect, build, and operate your systems.
Find out more:
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
What’s new in short-term rentals? According to AirDNA bookings are up, but so are the number of rentals available. More competition means less profit to go around. Investors who rushed in without a plan are now second-guessing their decisions.
But there are strategies, both new and old, that are working and being employed by savvy investors.
What are those successful strategies in the short and mid-term rental space? We’ve gathered three successful investors today to help us find out:
Al Williamson is the world's first landlord scientist and an expert on extended stay Airbnbs—meaning he is a thought leader on furnished rentals that are available on a monthly basis.
Al was also our featured speaker at the annual RPOA Conference where he presented on extended stay rentals.
Kate Stoermer, The CEO Host. Kate is an Airbnb Superhost and VRBO Premier Host, who owns and manages her own portfolio and manages for others. She is experienced with partnerships, private money lending, and has analyzed hundreds of deals.
Kate brings her perspective from 27 years as a healthcare executive and U.S. Navy veteran to everything she does.
Jeremy Garcia has done over 50 flips, invested in notes, multifamily, short-term rentals, long-term rentals, boutique hotels and resorts, and also does corporate rentals in the greater West Michigan area.
Jeremy and his wife Melanie are building out an 8-unit Airbnb boutique hotel in downtown Muskegon, and recently acquired a resort property on Lake Michigan.
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
My guest today got his start in real estate as a broker for Marcus & Millichap in Raleigh, North Carolina before starting his own real estate firm with his twin brother.
Will Matheson went from zero to $100 million in assets under management in just four years, and he’s done it through multifamily and student housing investments.
Today we’ll take a closer look at student housing, get insight into working with family offices and institutional funds, and learn how Matheson Capital plans to achieve their goal of $1 billion in real estate by 2027.
Find out more:
www.linkedin.com/in/wlmatheson/
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
My guest today has found a technology solution to help short-term rental hosts add new streams of income and boost their profits.
Madison Rifkin is the CEO and Founder of Mount, a startup company that is focused on enhancing the guest experience by enabling hosts to effortlessly and securely provide adventure-filled memories by upselling amenities—specifically via equipment rentals such as bikes, e-bikes, scooters, kayaks, paddleboards, surfboards, snowshoes, and beach equipment.
Madison shares how you can increase your profits by renting out amenities. We’ll discuss how she founded Mount and the process she went through to raise venture capital as well.
Find out more:
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
How does the landscape look for real estate investors in 2023?
My guests today share the belief that no matter what’s going on in the economy, real estate investing is the tried and true method of building wealth and cashflow.
Riley Oickle invests in small and large multifamily properties for long, mid, and short-term rentals, and James Svetec is a short-term rental consultant to Robert Kiyosaki and he’s also the co-author of Airbinb for Dummies.
Today Riley shares his early mentorship experience with a seasoned real estate investor and how he was able to learn so much from this person in his early 20’s, as well as the complimentary skills James and Riley bring to their vacation rental business.
We’ll also discuss the boutique hotel model and compare notes on why that may be an opportunity to exponentially grow your vacation rental portfolio.
Find out more:
Social Media handles (@bnbinnercircle, @jamessvetec, @rileyoickleinvestor)
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
I have two incredible guests with me today to talk about a unique way to raise more equity for your deals without relying on limited partner investors.
Brittany Mosely is an Airbnb superhost who has owned and operated more than 20 units across the U.S., an asset manager for a 100+ unit co-living portfolio, and a rental arbitrager. Derrick Barker has built a 4,700-unit real estate portfolio worth over $400 million.
Both Derrick and Brittany uniquely understand the needs and opportunities of other real estate investors, especially those in the short-term rental space. Together they’re the co-founders of Nectar, the cashflow-based financing platform for experienced short-term rental owners and managers.
Find out more:
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
I’m thrilled to have Neal Bawa back on the show today. Neal is a data scientist and technologist who always has his finger on the pulse of the economy and the state of commercial real estate investing.
Neal is also a top-rated and in-demand presenter at conferences and events across the country, he’s a successful investor with over $1 billion dollars in assets under management, and he’s the CEO of Grocapitus and Multifamily University.
He is known universally as the Mad Scientist of Multifamily, and I always pay attention to what Neal has to say – because he’s incredibly well informed, and always entertaining.
Today we’re going to discuss the recent bank failures and what that means to investors. We’ll talk about the upcoming liquidity crunch, and why Elon Musk recently tweeted that the commercial real estate debt market is “by far the most serious looming issue."
Neal also explains why investors who bought between 2021 and 2022 are in trouble, and why he’s hit the ‘pause’ button on his ground-up developments. He’ll also share the opportunities he sees in the market and why he’s starting his own rescue fund.
This is a ‘must-listen’ episode for anyone who wants to gain some clarity and insight into a very unstable and uncertain market.
Find out more:
or google “Neal Bawa”
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and medicare benefits.
Charlie Kao is an expert in many aspects of commercial real estate, with a concentration in self-storage acquisitions and development.
He’s recognized nationally as an expert in self-storage and consults with investors all over the country. He’ll be speaking next week at the Inside Self-Storage World-Wide Expo at Caesars Palace in Las Vegas.
Charlie is also a friend of the show who first appeared way back on episode #96 and he interviewed me on episode #100. Since then, we’ve actually partnered on several self-storage deals together.
Today Charlie is going to break down his process in locating a self-storage development site, determining its feasibility, designing it, and instituting cost-savings and technology that will improve the net operating income. Charlie also shares his tips on achieving a work/life balance.
Find out more:
www.youtube.com/@twinoakscapital
Instagram @charlesckao
Facebook www.facebook.com/cck21
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
My guest today has a quantitative and repeatable process for identifying areas that will experience 20 to 30% appreciation over a five-year period.
Not only does Mark Updegraff have a background in science, technology, and mathematics, he also began his career at NASA, so I’m excited to see how that background has translated to his real estate development, management, and brokerage businesses.
Today Mark shares the metrics and ratios he uses to convert the MATH into MONEY. We’ll discuss gross rent multiplier (GRM) and price per foot and learn how Mark took those two simple ratios to help his clients and investors identify neighborhoods that were poised to appreciate at a much higher rate over a shorter time period.
Find out more:
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
Anyone paying attention to the economy lately is aware that interest rates are rising, inflation has become a problem, and we may, or may not, be heading into a recession.
What does all this mean to us as real estate investors and rental property owners?
To put all this economic data into perspective I’m excited to have Dr. Paul Isely on the show with me today.
Dr. Paul Isely is currently Associate Dean and Professor of Economics for the Seidman College of Business at Grand Valley State University. Since 2013, he has also led the economic forecasting team in the Seidman College of Business helping businesses across West Michigan have better information for decision making.
Paul spoke several weeks ago to a standing-room only crowd at the RPOA annual conference, and I’m thrilled to have the opportunity to bring him back to our RPOA audience.
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
A year ago, if you wanted to acquire a property there was plenty of money available from lenders at incredibly low interest rates.
Just one year later and lenders have pulled back drastically, and interest rates have doubled.
Those of us looking to get our real estate investments financed are having to accept a new reality that is impacting our cashflow and creating a lot of uncertainty as to whether deals will even pencil out.
Given this new reality, we thought we’d bring three experts from the lending world together to discover – “Where’s the Money? Creative Financing Options in a High Interest Rate Environment”.
John Burley
John has 40+ years of investing experience, several thousand (personally) completed Real Estate deals, and over Six Hundred Million Dollars Raised.
John wrote the International #1 Best Seller “Money Secrets of the Rich”. He has produced over 100 books and audio programs during his career and was a featured speaker at our Michigan Landlord & Real Estate Investor Conference & Expo on the Secrets of Raising Private Money.
Anna Miller
Anna’s passion is for her clients in helping them find the right solutions to meet their financial needs. She’s been a mortgage loan officer at United Bank of Michigan since 2013 and works with home buyers and investors to make their goals a reality.
Frederic SaintAmour
Former U.S. Army Ranger who now helps real estate investors and business owners of all sizes get the capital they need, when they need it, with the best terms possible.
Fred has been a commercial loan executive with Boathouse Commercial Funding Group since 2010.
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
Are car washes a great investment for cash-flow and appreciation? My guest today would say ‘yes’.
Whitney Elkins-Hutten is the Director of Investor Education at PassiveInvesting.com and a partner in $800m+ in real estate—including over 6,500+ residential units (MF, MHP, SFR, and assisted living), 7 express car washes, and more than 2,200+ self-storage units across 11 states. She also has experience flipping over $5m in residential real estate.
We’re also going to discuss The 5 freedoms in life and how the billionaires and the 1% invest in real estate.
Find out more:
PassiveInvestingwithWhitney.com
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
Tax season is upon us, and we thought this would be a good time to discuss the most common and costly tax mistakes that real estate investors make.
Here with me today to strategize our taxes is Amanda Han and Matt MacFarland, two CPAs and tax strategists who specialize in helping people use real estate to save massive amounts in taxes and keep their hard-earned money.
We’ll also be discussing tax strategies to supercharge your wealth-building, what it means to be classified as a “Real Estate Professional” for tax purposes, and how to use a short-term rental loophole to reduce your taxes.
Amanda and Matt are the authors of “The Book on Tax Strategies for the Savvy Real Estate Investor” and “The Book on Advanced Tax Strategies”—both released by BiggerPockets Publishing.
Find out more:
Website: https://www.keystonecpa.com/
Instagram: https://www.instagram.com/amanda_han_cpa/
Instagram: https://www.instagram.com/keystone.cpa/
Facebook: https://www.facebook.com/keystonecpainc/
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
Today we’re going to talk with a married couple, who together have weathered the ups & downs of real estate investing through good and difficult markets.
Back in 2007, Glenn and Amber Schworm owed $80,000 on their credit cards and had a family take care of. They turned to real estate investing just as the market began crashing.
Still, they persisted with their flipping and renovation business and have since helped others flip over 1,000 homes worth over $85 million dollars.
Glenn and Amber recently published their first book – “The Birth of the Everyday Real Estate Investor”. They've also managed to build teams and systems that allow them to treat their real estate as a business that requires very little of their time.
Find out more:
https://www.amazon.com/dp/1637584156
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
Today we’re going to discuss one of the greatest threats not only to real estate investors, but to everyone who lives in areas with rising sea levels, frequent hurricanes, forest fires, draughts and intense heat.
Yes, I’m talking about climate change.
Whether you believe it’s real or not doesn’t matter. Because its already affecting every single person who lives in this country.
But for real estate investors there are areas that will actually benefit from climate change – areas that have plenty of fresh water and are considered to be climate havens – areas like Michigan.
My guest today is Lindsay Moore, an economic reporter for MLive who covers the housing markets across Michigan.
Lindsay and her colleague Sheri McWhirter have been writing an excellent series on the affect climate migration will have on Michigan, and whether or not we’re ready for the influx of new residents we’ll be experiencing over the coming decades.
Find out more:
https://twitter.com/_lindsaymoore
https://www.mlive.com/staff/LMoore/posts.html
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and medicare benefits.
My guest today is Allon Avgi, the Founder and CEO of AVGI, a real estate investment firm with a portfolio of $70m built over the past 4 years.
Allon got his start at the age of 20 with a wrecked house in Westbury, NY, where he turned a high-interest hard-money loan into a steadily growing holding and new development company.
Currently, AVGI specializes in multifamily investments, managing 350+ properties with 24 full-time employees.
Today Allon will share the mindset that helped him grow his portfolio so quickly, why he started hiring employees to accelerate that growth, and social media tips that have allowed him to amass a huge following online.
Find out more:
Website: https://avgi.com
Instagram: https://www.instagram.com/allonavgi/
TikTok: https://www.tiktok.com/@allonavgi?lang=en
LinkedIn: https://www.linkedin.com/in/allonavgi/
Twitter: https://twitter.com/allonavgi
Facebook: https://www.facebook.com/everythingAllon/
YouTube: https://www.youtube.com/user/AllonAvgi
Apple Podcasts: https://podcasts.apple.com/us/podcast/talk-shop-with-allon-avgi/id1547359926
Spotify Podcast: https://open.spotify.com/show/6dxNrujg4Feevqqmru76MT
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
My guest today is a true thought leader when it comes to raising capital from high net-worth and ultra high net worth investors. His book “Capital Raising” is the best book I’ve ever listened to on the subject, and his material on pitch decks is an absolute game changer.
Richard C. Wilson was last on the show in 2019, episode #184, and I’d highly recommend listening again to that conversation.
Since then, Richard has purchased the domain for Billionaires.com where he’s interviewing 100 billionaires. He’s also added a shark from Shark Tank to his team, closed on over $500 million in deals, started over 200 family offices, and hosted 185 live events through FamilyOffices.com
Today Richard shares the different deal and tax-advantaged structures he’s employed with his family offices and high net-worth investors, why he’s focused on his short-term rental and medical office funds, what he’s learned from the billionaires he’s interviewed, the missteps he’s made along the way and the mistakes he sometimes sees other capital raisers making.
Find out more:
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
The Biggest Real Estate Investing Conference in Michigan is BACK!
Announcing the Michigan Landlord & Real Estate Investor Conference & Expo 2023 - at the Devos Place Conference Center in Grand Rapids, Michigan.
In today's special announcement we hear from one of our many nationally recognized speakers, Bill Noll, who will share his winning strategies on "Asset Protection for Real Estate Investors".
Bill will be speaking Thursday, February 23rd @ 1 pm. You can find out more at:
The rental world is constantly changing and as rental property owners we need to see five steps ahead in order to best manage our rental business.
Today we’re going to discuss several hot-button issues that you need to be aware of. We’ll discuss the transition to next-generation amenities like EV charging stations and smart appliances, and we’ll discuss how to effectively address and respond to calls for rent control and rent-strikes while balancing our business operations with empathy for struggling residents.
Here to have this conversation is Diane Batayeh. Diane is the CEO of Village Green, one of the largest national apartment companies in the country.
Diane has over 40 years of experience in property operations and management, and the perspective she shares today is invaluable in understanding the future of rental properties.
Find out more:
https://villagegreen.com/contact/
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
The Biggest Real Estate Investing Conference in Michigan is BACK!
Join us for a two day in-person event at DeVos Place in the heart of downtown Grand Rapids, Michigan on February 23rd & 24th at the 2023 Michigan Landlord & Real Estate Investor Annual Conference & Expo!
We’ll be bringing you a powerhouse of national speakers, 50+ exhibitors, breakout sessions, and numerous opportunities to network and make deals! Don’t miss this opportunity to learn strategies from nationally recognized experts and build massive wealth through real estate investing!
REGISTER NOW! https://www.michiganreiconference.com/register
And don't miss the Short-Term Rental Conference on Wednesday, February 22nd of 2023 at the DeVos Place in downtown Grand Rapids. Same place, same week, different conference. You can find out more by visiting https://www.shorttermrentalassoc.com/
My guest today is using technology in a very cutting-edge way to fund and raise money for his real estate investments. Maybe you’ve heard of web3, NFTs and fractional ownership? Well today you’re going to find out what they are and how they could change real estate investing.
David Woodbury is a veteran of the U.S. Coast Guard, serial entrepreneur, and speaker on web3. He is the CEO of YAK DAO, a luxury camping brand offering fractional ownership through NFT memberships. YAK is revolutionizing the way individuals can own and engage with real estate assets while developing a global luxury camping brand that fractionalizes ownership of recreational properties through NFT memberships.
Find out more:
Website: https://yak.camp/
LinkedIn: David Woodbury
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
The Biggest Real Estate Investing Conference in Michigan is BACK!
Announcing the Michigan Landlord & Real Estate Investor Conference & Expo 2023 - at the Devos Place Conference Center in Grand Rapids, Michigan.
In today's special announcement we hear from one of our many nationally recognized speakers, Al Williamson, who will be presenting on several topics - including “Incorporating Mid Term Rentals (MTR) into Your Short-Term Rental Strategy” & "How to operate an extended stay rental to 3X your income without it taking all your free time or causing your neighbors to hate you”.
Al will be speaking throughout the day on Wednesday, February 22nd and Thursday, February 23rd @ 7pm. You can find out more at:
https://www.michiganreiconference.com/
https://www.shorttermrentalassoc.com/
Our First Ever Short Term Rental Association Conference!
We have a special announcement today about the RPOA’s annual conference happening February 23rd & 24th, 2023 here in Grand Rapids Michigan.
This year we’ve decided to create even more value by adding a one-day Short-Term Rental Conference on Wednesday February 22nd. That way you can attend two conferences in 3 days!
Here to give you a preview of what you can expect from our first-annual short-term rental conference is Kathy Bartnick, RPOA staff liason for the short-term rental association.
The Short-term rental conference will be held Wednesday, February 22nd of 2023 at the Devos Place Convention Center in downtown Grand Rapids. You can find out more by going to https://www.shorttermrentalassoc.com/
And don’t forget that the Michigan Landlord & Real Estate Investor Conference & Expo 2023 – will be happening that Thursday & Friday, February 23rd & 24th. Same place, same week, different conference. And you can find out more by going to https://www.michiganreiconference.com/