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.
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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.
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 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’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.
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.
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.
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