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

After a devastating divorce and bankruptcy, my guest today, a single mother of 2, rebuilt her life through real estate. In the process, she accidentally stumbled upon a unique method for buying and profiting in real estate without using any of her own money or credit. And In just 3 years, she mastered the process, building her net worth to over $5,000,000 and $100,000 per month in positive cash flow! Today her business runs practically on AUTOPILOT, and she can focus on her family, growing investments, and helping others succeed. I’m excited to be talking with Dixie Decker, who’s going to be sharing her inspirational story, and how you can get 4 times your cash flow by investing in student housing. We’ll discuss how you can pay market value for a property, and still double, triple, or quadruple the average investors single-family cash flow.  Dixie will also discuss her systems for leasing and managing the properties, as well as the difference between single family student housing and the larger student apartment complexes. Dixie will also be a featured speaker at the 2020 Michigan Landlord & Real Estate Investor Annual Conference & Expo in Grand Rapids, Michigan this February 27th, through 29th.  Go to www.rpoaonline.org to find out more. And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

6 Tammi 202044min

Mikey Taylor was one of the most recognizable Pro-Skateboarders on the Planet.  In his two decades of professional skateboarding he had lucrative sponsorship contracts, merchandise, and seven pro-model shoes.  So why would he leave all that behind to become a real estate investor? Today we're going to find out how professional sports prepared him to become an entrepreneur and principal at Commune Capital where he's committed to assisting the next generation define the New American Dream. Mikey is going to share how early on his parents provided for his financial education by introducing him to a key mentor.  You'll also learn how his successful shoe line(s) prepared him for post-sports success, and how professional sports can push one to the brink of destruction and quite often leaves them unprepared for the aftermath. We'll also go into detail on the type of real estate investing Mikey has been doing, as well as the fund he's created to increase his investing momentum.  It's always fascinating to talk with someone who has been at the top of their game in one world, and is now playing at the same level in the real estate world.  I know you're going to enjoy this episode, and it's the perfect way to start off the New Year.  You can contact Mikey by email: mikey@communecapital.com Or through the web: https://communecapital.com And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

30 Joulu 201937min

Today we're going to discuss the Buy & Hold model and compare it to the Lease Option model with Anne Amagrande.  Anne is a serial entrepreneur and owner of Grande AMA & Associates.  She's an expert on Real Estate Investing, Generational Wealth, and owning and growing businesses. Anne will discuss her model of providing lease options that serve both her homeowners and investors, how she times her contracts for maximum tax benefits, and how she structures her investments for passive investors and the returns they typically achieve. Anne will also be discussing the fear most first-time investors face and how to get past that in order to accomplish your first deal.  She'll also discuss the importance of building a team, and who her early mentors were. Anne is also passionate about financial literacy and has a lot of great information to share for every level of investor.  You can contact Anne through linkedin, or email her at anne@amagrande.com And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

23 Joulu 201936min

In 2011, Reed Goossens quit his job in Australia and moved to the United States to become a Real Estate Investor.  He ended up in New York with no job, network or family, all he had was a Gut-Feeling that he could be successful. Nine years later Reed controls over $150 Million in Commercial Real Estate, is a Best-Selling Author, and hosts a podcast called "Investing In The U.S."   On Today's episode, Reed is going to share how he made it all happen, starting with his first 3-Unit in a low income neighborhood.  He'll also share how he found a mentor who set him on the path to success, his perspective on the U.S. Real Estate Market V.S. the rest of the world, and the shifting Return-On-Investment expectations that investors should be realistic about. Reed has found great success in this country, and I'm excited to have him share his story with you.  You can reach Reed through his website: https://www.reedgoossens.com And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

16 Joulu 201953min

Mark Owens once owned a successful Computer Training Business, until he left it behind to find Financial Freedom through Real Estate Investing.  Now he hasn't earned W-2 Income for over 10 years, and he's been investing in the Baltimore, Maryland area for the past 17 years, growing his portfolio from 1 to over 100 rental units. Mark has created a lifestyle that allows him to help others invest in Buy & Hold Rentals, and he provides education through investor meet ups, classes, Facebook live, and podcasts like this one. Today we're going to discuss why Mark has succeeded where others have failed, why he's never made a 'mistake', and the difference between 'going with your Gut', and obtaining the knowledge to be successful. Mark will also share how he was able to grow his portfolio so quickly, how he hired his team, and how he can 'force' appreciation on  residential properties. I know you'll enjoy this conversation with Mark.  There's a lot of great wisdom and advice on becoming a successful investor.  You can find out more through Facebook: Mark Owens REI, or contact him through email: Mark@MarkOwens.com And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

9 Joulu 201947min

The RPOA teaches a number of excellent courses for all levels of real estate investors and landlords.  One of the more unique and specialized courses we teach is called “Rehabbing for Rental and Flipping Profits”, and its taught by Justin Workman, who is in the studio with me today. Now this course is not your typical overview.  It covers everything from A to Z, and includes on-site visits to existing properties for real world cost and labor estimations. Many of you already know that Justin is an experienced investor and licensed builder himself, and he’ll personally be teaching all three sessions of this multi-day course. If you’re in the Grand Rapids area, or are close enough to drive, you should definitely consider this one-of-a-kind course, which is happening next week, December 9th, 11th, & 13th of 2019 at the Rental Property Owners Association. To register or get more information, go to  www.rpoaonline.org

5 Joulu 201911min

My guest today has figured out a way to make rental property ownership easier and more profitable, and he's going to share his unique approach to making money and building wealth through rental properties. David Friedman is a Boston-based real estate Entrepreneur and founder of Knox Financial, which is focused on helping people convert their homes into rental properties and managing those properties for them. He's also written several articles for Forbes.com with advice for landlords, including "Five ways to maximize investment property returns", and "How to avoid 6 common rental property pitfalls".  We'll be discussing these articles, which include some very interesting ideas. David can be reached through his website: https://knoxfinancial.com And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

2 Joulu 201939min

Today's guest is going to help us rethink debt.  Specifically the type of debt we might put on a Real Estate Investment.  Instead of going to a traditional bank or lender, did you know that there is a Tax-Advantaged way to loan that money to yourself? Mark Willis is going to explain how this is possible through a Super-Charged, Modernized, and Maximized Whole Life Insurance Policy.  Mark is a certified financial planner, two-time best-selling author, and owner of Lake Growth Financial Services.  He also hosts the "Not Your Average Financial Podcast" and helps his clients invest in real estate without going broke while creating retirement income that they won't outlive. Mark will be pushing back on the conventional wisdom regarding whole life insurance v.s. term life insurance, and explain how a whole life insurance policy, properly set up, can be used to loan money toward your investments.  He'll also discuss the tax benefits and the returns you can expect.   Since this is a new concept to me as well, I do my best to ask Mark a lot of detailed questions about how Whole-Life Insurance Lending really works.  If you're looking for more tax-advantaged ways to lend yourself money and fund your deals, then this is definitely an episode you won't want to miss. Mark can be contacted through his website www.growmorewealth.com And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

25 Marras 201947min