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

My guest today has a very unconventional background and unique path to success.  She started as a single mom at the age of 16 living in subsidized housing.  Somewhere along the way she became a real estate investor and now controls a $65 Million Real Estate Portfolio built with “Other People’s Money”. Edna Keep also left a lucrative career as a financial advisor to invest full time in long-term, buy & hold, rental apartment buildings.  She’s also a successful author, teacher, and real estate investment expert. Today Edna is going to discuss her early training with Robert Kiyosaki, the importance of having the right coach, why she refuses to live ‘within her means’, and her transition from investing in single family homes and condos to value-add multifamily. Edna also goes into detail on when & how to ask for seller financing, and why that can be beneficial to the seller as well. I know you’re going to enjoy this conversation with Edna.  You can find out more about her through her website:  https://ednakeep.com You can also view Edna's 25 minute webinar here: https://ednakeep.com/90daysto5k Today’s episode is brought to you by Green Property Management, Now offering a $250 Per Unit Project Allowance to New Clients in West Michigan. Text "Green250" to 21000, or visit them on the web at: 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. https://www.rcbassociatesllc.com

22 Marras 202146min

Tiffany and Josh High are self-made real estate entrepreneurs based in Columbus, Ohio.  They’ve built a business acquiring and transforming residential real estate properties into high performing assets or flips and have closed hundreds of wholesales and rehab deals.  They’ve also built an active rental portfolio and coach real estate entrepreneurs on their systems of success. Today Tiffany and Josh are going to discuss how they scale their business by delegating tasks, lowering lead costs and overhead, all while increasing their bottom-line profits. You’ll learn how they onboard, manage and lead a lean mean sales team to produce millions in revenue, what led them to quit six-figure jobs, how it took six months and a loss of $100,000 before they made their first profit, and how Tiffany partnered with a Virtual Assistant company in Pakistan that allows investors to quickly streamline and copy her systems. Tiffany also shares a story from the lowest point of their investing career when they thought they’d have to move in with her parents, and their one decision that immediately netted them over $200,000.  We’ll also discuss how they made $80,000 wholesaling a deal with one phone call. I know you’re going to get incredible value from today’s conversation.  You can find out more about Tiffany and Josh and their systems through their website:  https://tiffanyandjoshhigh.com Today’s episode is brought to you by Green Property Management, Now offering a $250 Per Unit Project Allowance to New Clients in West Michigan. Text "Green250" to 21000, or visit them on the web at: 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. https://www.rcbassociatesllc.com

15 Marras 202143min

We have some incredibly powerful information to share with you today on disruptive forces and trends that will be dramatically altering the course of real estate investing for the next ten years, and I’m so excited to have Neal Bawa back on the show to share it with us. For those of you who don’t know Neal, he is considered the Mad Scientist of Multifamily, and I’ve been following Neal and his companies Grocapitus and Multifamily University for years because he takes data science, statistics, and technological advancements and in an amazing and exciting way forecasts trends that very few investors are paying attention to. So prepare yourself for a fascinating conversation, because Neal is going to take us through several disruptive trends that are going to change the way people live and invest.  We’ll be discussing Hybrid Work and how we’ve only seen the tip of the iceberg in people working from home and companies allowing them to do so. You’ll also learn about Tokenization and Smart Contracts, and how this will allow investors to buy and sell real estate much like they do stocks or cryptocurrency.  It will also lead to a dramatic decrease in the number of syndicators over the next 10 years. Neal also touches on several other powerful forces that will have a massive impact on investing, such as Suburbanization and the growth of tertiary markets outside Primary Metros, Augmented Reality, Staycations, and 15-minute cities. I know you’re going to get huge value from today’s episode.  You can find out more about Neal by googling “Neal Bawa”, or going to https://multifamilyu.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. https://www.rcbassociatesllc.com

8 Marras 202153min

My guest today is an investor and coach with a focus on buying and selling vacant land.  Brent Bowers has over 8 years of service in the Army and he’s the owner of The Land Sharks, a real estate investment company that helps people generate passive income through vacant land. Today we’re going to take a close look at this asset class to determine how you, too, can profit.  Brent will take us through his first land acquisition for $285 that he wholesaled for $5,000.  We’ll discuss how he sources the deals, how he profits, and how he finds investors to partner with him. Brent also discusses the mindset shifts that have helped him 10X his profit and are propelling him to seek out more rejection while going after larger land acquisitions.  Brent also shares the incredible opportunity that all veterans have access to – using VA loans to acquire real estate. I know you’re going to enjoy this conversation with Brent.  You can find out more about him through his websites:  https://www.thelandsharks.com https://www.wholesalinginc.com and his youtube channel:  Brent Bowers 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. https://www.rcbassociatesllc.com

1 Marras 202144min

Spend the Night with me in a Haunted House! Welcome to Part 2 of our Halloween Series on Haunted Houses, Apparitions, Paranormal Experiences, and the Roommates who don’t pay rent & can’t be evicted. In part one (episode #251) you were introduced to a retired reverend who has been experiencing paranormal activity and communicating with the dead since his near-death experience at the age of 5. You also met several of his paranormal research assistants and heard their stories as well. Today, we’re going to take you on a ghost hunting adventure to a haunted house in the historic district of Bay City Michigan.  You'll find out the strange reasons we were brought there in the first place, how the homeowner was almost pushed off a ladder by a ghost, and what happened that night after 2 A.M. that is so strange, and so hard to explain, that I can't wait to share it with you. If you're experiencing paranormal activity in your home, rental property, or place of business, you can contact Reverend Hunter through his publisher at https://thunderbaypressmichigan.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. https://www.rcbassociatesllc.com

30 Loka 202133min

Welcome to our Special Halloween Edition with hair-raising stories about Haunted Houses, Apparitions, Paranormal Experiences, and the Roommates Who Don't Pay Rent, and Can't Be Evicted. We did something similar 3 years ago on EP#94 and it was one of my favorite all-time episodes.  Today we go even deeper into paranormal phenomenon and I know you're going to love this incredibly thrilling episode! I recorded so many great stories that I had to break them up into two episodes:  In Part One you'll meet a group of Paranormal Researchers and the Retired Reverend who has brought them together.  In Part 2 you'll get to accompany me to a Real-Life Haunted House in Bay City Michigan. I want to warn you that some of these stories will frighten you, and some may even terrify you.  If you're easily scared or prone to nightmares, then this is not the episode for you.  Aside from the sound effects I've added in, everything you're about to hear is the actual professed experiences of the people involved.  These are real people, with real stories of paranormal events that can't be explained, and are even harder to understand. If you own a home, rental property, or business that is haunted or experiencing paranormal activity, then Reverend Hunter would like to hear from you.  You can contact him through his publisher at Thunder Bay Press: https://thunderbaypressmichigan.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. https://www.rcbassociatesllc.com

28 Loka 202153min

My guest today is passionate about helping families build wealth and passive income streams through real estate investing and living a life by design. Jennifer Beadles is an investor and investment-focused real estate broker specializing in value-add properties. She owns just under 250 units across five different states. With 14 years of experience in the real estate industry, Jennifer has many investing strategies, including the BRRR method, value-add multifamily, build-to-rent, supported living, private lending, and investing out-of-state Today Jennifer goes into detail on two of those strategies and shares how they’ve allowed her and her husband to travel several months a year while maintaining passive cash flow.  First, we discuss Supported Living and why it can be more lucrative than market rate housing, while actually reducing the amount of management and expenses you’d typically find in traditional rental properties. We’ll also discuss Jennifer’s “Build-to-Rent” strategy of building 3 to 4 bedroom duplexes that cashflow and are worth more than the acquisition and construction costs.  There are several exit strategies with this method, including cash-out refinance, holding as a rental, or condo-ing and selling off at a profit. Jennifer shares many incredible tips that could help you see your investment strategy in a completely new way.  You can find out more about Jennifer and her coaching services through her website: https://addictedtoroi.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. https://www.rcbassociatesllc.com

25 Loka 202146min

Today we’re going to talk with an investor who got his start right out of college investing in challenging properties in difficult neighborhoods.  He lost time and money on his first several deals, but kept on going to become a successful long-term investor. Yusef Alexander is a Real Estate Industry Thought Leader with more than 27 years of working-class, real estate industry experience.  He serves as VP & Chief business Development Officer at Real Estate Asset Partners and is involved in acquisitions, property management, leasing operations, and sales and marketing. Today Yusef shares his real estate investing trajectory, from his early days in Los Angeles investing in marginalized neighborhoods, to Arizona, Chicago, and the Southern States where he’s been investing in apartment communities.   We’ll discuss how he enters a new market and creates ‘on-the-ground momentum’.  We’ll also talk about the emotional aspect of investing and it’s up’s & down’s, as well as the philosophy that keeps Yusef’s career in equilibrium. I know you're going to gain a lot of knowledge from todays conversation.  You can contact Yusef by email: yusef@reap.capital and website: https://reap.capital 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. https://www.rcbassociatesllc.com

18 Loka 202138min