EP036 Building a Full Service Property Management Company, Tips on Leasing and Managing, Mistakes landlords make and the importance of the RPOA in protecting landlords with Mark Troy

My guest today is a second-generation builder who jumped into Fix and Flips after serving in the U.S. Navy “Seabees” battalion.  Since then, he has amassed a real estate empire consisting of single family homes, Multi-family apartment buildings and Self-Storage. Joe Evangelisti is also a High-Performance Coach for real estate investors and entrepreneurs and serves as the Visionary and CEO to three separate 7 and 8 figure companies.  Today we’re going to talk about what it means to become a high performance real estate investor and learn the Five Roads to Victory that Joe teaches his clients and team members. Joe is going to break down for us, step-by-step, how he left the time consuming and anxiety producing lifestyle that had him Fix & Flipping hundreds of properties a year while also selling real estate.  He was able to transition to a much more manageable and profitable lifestyle that allows him to control multiple teams at a higher level. I know you’re going to enjoy this conversation with Joe, and likely will benefit from his advice to real estate investors who are looking to cross over to the next level of performance.  You can contact Joe through his website or facebook: https://joeevangelisti.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

26 Huhti 202146min

We’ve talked about 1031 exchanges on this show before, and today we’re going to go into more detail on how real estate investors can use this and other tools to legally defer taxes on profits. Brandon Bruckman is an Advisor with Insight Real Estate Partners which helps real estate investors, farmers and business owners sell and reinvest their profits, while legally avoiding taxes through 1031 exchanges, Delaware Statutory Trust, Tenant-In-Common, Opportunity Zone Funds, Triple Net Lease and private real estate deals for passive investors. Brandon is also an RPOA member and teaches our course on 1031 Exchanges. If you’re considering selling an investment property or business you definitely want to listen to Brandon’s breakdown of your options.  We’ll discuss the reasons why you might consider a DST, TIC, OZ, NNN, and why they might not work for your situation.  Brandon also explains how Insight Real Estate Partners can hold your hand through the process and give you options you might not be aware of. You can contact Brandon through his website:  https://www.insight1031.com or email:  brandon@insight1031.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

19 Huhti 202153min

My guest today is known to the world as “the Canadian Note Guy”.  After running several businesses including Fix & Flip Real Estate, he discovered notes in 2009 and has since become an industry leader in the private investment sector. His company is Earnest Inc, where he actively manages assets with a focus on non-performing 1st lien mortgages and contract for deeds in the U.S. Nathan’s specialties include raising private capital, analyzing assets, and developing systems and strategies to accommodate an ever-changing market.  He’s successfully bought and sold hundreds of loans and properties. Today Nathan is going to introduce us to the note investing world, explain the differences between a qualifying mortgage, contract for deed, and land contract, and walk us through the math on how to analyze the returns on a note and the data points an investor must know to be successful. Nathan also shares some great stories of his successes and challenges, including a buckling basement that caused a buyer to back out of one of his deals.  You can contact Nathan by email: nathan@canadiannoteguy.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

12 Huhti 202141min

When you are beginning down the real estate investing path, one of the first things you have to decide is whether you’re going to go it alone or bring in a partner.  Today we’re going to talk with two talented investors who decided to combine their strengths in order to encounter the ups and downs of rental rehab together. Mark Roys is a retired Navy Civil Engineer Corps officer who served 20 years in over a dozen locations around the world, he’s also been involved in commercial construction and software development. Katie Lovley is a Real Estate Professional with Bradley Company specializing in Commercial Real Estate and Residential Rentals. Together Mark and Katie have created WSB Properties right here in Grand Rapids Michigan where they purchased their first dilapidated 2-unit in 2018 and have since developed a portfolio of rental units using creative financing and a lot of sweat equity. Today Mark and Katie are going to share the story on how they decided to team up, the late nights and weekends spent on their first rehab, how they came close to running out of money, why they brought in investors, and the creative arrangement they struck with a next-door homeowner who wanted them to rehab his property as well. I know you’re going to get a lot of great information out of this conversation with Mark and Katie.  You can contact them through email at wsbpropertiesllc@gmail.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

5 Huhti 202144min

One of the greatest pleasures I’ve had over the past 10 months while staying home to avoid Coronavirus, is watching the Broadway Hit Hamilton over & over on Disney Plus with my 11-year old daughter.  But until I met today’s guest, I didn’t realize that Hamilton and other Broadway plays are often syndicated just like apartments and other real estate investments. That’s why I’ve really been looking forward to talking with Matt Picheny today.  Matt is the Managing Partner at MJP Property Group, has invested in over 6,000 apartment units, and is primarily focused on acquiring and repositioning multifamily communities. Matt is also a marketing veteran whose 20-year New York City career spanned several of the world’s largest advertising agencies.  Matt and his wife are also Tony-nominated producers whose theatrical investments have included Hamilton and an international tour of Wicked.  They are currently co-Producers of the Broadway shows Moulin Rouge! And American Utopia. Today Matt is going to share how both Lin Manuel-Miranda and Robert Kiyosaki motivated him to leave the corporate world and become a syndicator, how he asset manages his apartment investments and oversees the KPIs (Key Performance Indicators), and the type of property he invests in. Matt also goes into fascinating detail on the fundamentals and economics of investing in Broadway productions and shares the story of how he and his wife became early investors in Hamilton. Whether you’re a theater lover or real estate investor, you’re going to love listening to Matt’s stories and experiences.  You can find out more about Matt and the book he’ll soon be releasing by going to www.MJPinv.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

29 Maalis 202156min

When my guest today sets out to accomplish something, he doesn’t just do it halfway.  He goes the full 110%.  In 2005 while in the Army National Guard he was deployed to Iraq…and was awarded soldier of the year. When he started his own podcast called the Real Estate Syndication Show, he didn’t just settle on one episode a week, he decided to make it a daily podcast. When he started his multifamily syndication company, Life Bridge Capital, he didn’t just build a portfolio of over 899 doors worth $100 Million, he also decided to give 50% of his own profits to better the lives of orphans around the world and the families who adopt them. Today Whitney Sewell is going to share his secrets on goal setting and shifting his mindset to expand those goals.  We’ll discuss how hiring a mentor helped propel his investing forward, as well as his ‘why’ of helping to children and adoptive parents.  Whitney will also discuss investing in Colorado and Idaho and the explosive growth he’s seen in those areas. I know you’re going to get a lot of value out of today’s conversation with Whitney.  You can contact him by email or website: whitney@lifebridgecapital.com https://lifebridgecapital.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

22 Maalis 202138min

My guest today is one of Manhattan’s most successful skyscraper experts and has managed the syndication and development of high-profile real estate investments totaling more than $1.3 billion, including 1,500 luxury high-rise residential units, and three million sq. ft. of commercial office and residential.  He’s also completed over 3,000 transactions. Ken Van Liew is an author, educator, engineer and real estate coach, whose book “Modern Wealth Building Formula: How to Master Real Estate Investing” has empowered thousands of real estate investors over the past 20 years. Today, Ken is going to talk about what it takes to build skyscrapers in Manhattan, including construction methods, engineering issues, and people challenges.  Ken has a lot of great stories, including one about a high-rise that was leaning and the method he used to fix it. Ken also discusses his Modern Wealth Building Formula and the three ‘F’s’: Find it, Fund it, Facilitate it.   This is a must-listen episode that will give you great insight into how a high-level developer, investor, and business owner thinks and acts in a very competitive and tough business.  You can contact Ken through his websites: https://kenvanliew.com https://globalrestrategies.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

15 Maalis 202153min

Imagine being able to control your rental property and real estate business from anywhere in the world.  My guest today has figured out how to do just that. Jon Huber is a self-proclaimed “techie” who uses his formal training in data and analytics as his competitive edge in real estate analysis.  Jon’s rental portfolio spans from Los Angeles to South Florida, to Kansas City.  He’s recently completely systematized his operations to be 100% remote, allowing him to control his 120-unit portfolio and conduct his direct mail campaigns from anywhere in the world. Today we’re going to discuss how Jon has accomplished systematizing his processes.  From the ‘boots-on-the-ground’ resources he has in Kansas City, to the Virtual Assistants he’s trained to handle his direct mail campaign and social media, to the apps that he’s using to streamline those processes even further, Jon has set up a system that will allow him to 10X in size. Jon also shares the analysis he used to determine what market he wanted to invest in, as well as some tricks he uses to increase his direct mail response rate. I know you’re going to enjoy this conversation with Jon and pick up some great tips and ideas along the way.  You can contact Jon through Instagram @ domuinvestments or www.domuinvestments.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 Maalis 202153min