EP286 Generating Your Retirement Income Through Real Estate Investing with Eric Martel

EP286 Generating Your Retirement Income Through Real Estate Investing with Eric Martel

Today we’re going to talk about the future of retirement and how real estate is an often overlooked vehicle for securing your financial future. Increasingly, pensions are being converted to 401(k)s which is shifting the retirement risk to employees. This has caused today’s guest to reconsider traditional beliefs about retirement savings.

Eric Martel lost a fortune during the dot-com crash of 2001 and started looking for alternative ways to earn passive income. He started various businesses including a gourmet sauce company, but eventually came back to his first love, real estate, which led him to form Martel Turnkey. After four years of rapid success, he was able to retire from his W2 job. Eric is also the author of the recent book called “Stop Trading Your Time For Money”.

Today we discuss Eric’s beginnings as a real estate investor when he purchased an apartment building at the age of 18. He quickly burned out on investing though because he was handling all of the property management and repairs. We’re also going to discuss what it means to have financial freedom, and the goal setting and actionable steps you can take to achieve it.

Eric will also share the turn-key model he’s developed investing in secondary cities with rehabbed houses costing (roughly) $100,000 that can be purchased with 20% down and cashflow $300 a month. We discuss the turnkey aspects of this type of investing, the power of leverage and depreciation, and the risks from tenants and property condition.

This is an important episode for anyone who’s paying attention to their potential retirement income, and will get you to start thinking about meeting your living expense by generating additional passive income. You can find out more about Eric on Instagram at E_Martel or facebook at Eric.Martel.ca, or https://marteleric.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

Episoder(556)

EP470 From Setbacks to Success: The Journey to Multimillionaire Status with Jose Berlanga

EP470 From Setbacks to Success: The Journey to Multimillionaire Status with Jose Berlanga

My guest today is a successful inner-city builder, real estate investor, and developer with over 25 years of experience. Jose Berlanga’s story is one of building, losing, and rebuilding from the ground up – setback after setback. Jose has achieved multimillionaire status in four different industries: petrochemical machinery imports, Italian coffee bars, residential construction, and land development. Find out more: https://joseberlanga.com/ https://joseberlanga.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 Attention real estate investors! Save the date for the Midwest Real Estate Investor Conference, happening April 24-25, 2025, in Grand Rapids, Michigan. This event is the perfect place to connect with fellow investors, gain valuable insights, and elevate your real estate game. With a lineup of expert speakers and numerous networking opportunities, you won't want to miss it. https://www.midwestreiconference.com

30 Des 202434min

EP469 Buying and Selling Real Estate on Your Terms with Chris Prefontaine

EP469 Buying and Selling Real Estate on Your Terms with Chris Prefontaine

Chris Prefontaine has figured out a way to navigate all kinds of real estate investing challenges by ‘buying on his terms’. He’s engineered his entire business to weather all storms and economic cycles, and helps his students do the same as the Chairman and Founder of Smart Real Estate Coach. Today he explains what it means to buy and sell real estate on terms, how to buy ‘subject to’, why you should consider ‘lease-to-own’, and whether now is a good time to be investing in the market. Find out more: Website: http://www.smartrealestatecoach.com Podcast: https://www.smartrealestatecoach.com/podcast Facebook Page: https://www.facebook.com/smartrealestatecoach YouTube: https://www.youtube.com/smartrealestatecoach Instagram: https://www.instagram.com/smartrealestatecoach LinkedIn: https://www.linkedin.com/in/chrisprefontaine 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 Attention real estate investors! Save the date for the Midwest Real Estate Investor Conference, happening April 24-25, 2025, in Grand Rapids, Michigan. This event is the perfect place to connect with fellow investors, gain valuable insights, and elevate your real estate game. With a lineup of expert speakers and numerous networking opportunities, you won't want to miss it. https://www.midwestreiconference.com

23 Des 202429min

EP468 Which Floor of the Wealth Elevator Are You On? With Lane Kawaoka

EP468 Which Floor of the Wealth Elevator Are You On? With Lane Kawaoka

When Lane Kawaoka was last on the show, it was shortly before he left his day job as a licensed professional civil/industrial engineer. Since then, Lane has gone on to found The Wealth Elevator and owns 10,000 rental units through his investor club which has acquired over $2 billion worth of real estate by syndicating $200 million dollars of private equity since 2016. Lane also hosts the highly-rated podcast called “The Wealth Elevator”, and today he’s going to share the Five Floors of the Wealth Elevator. You’ll want to listen carefully to determine which floor you’re on. Find out more: LinkedIn theWealthElevator.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 Attention real estate investors! Save the date for the Midwest Real Estate Investor Conference, happening April 24-25, 2025, in Grand Rapids, Michigan. This event is the perfect place to connect with fellow investors, gain valuable insights, and elevate your real estate game. With a lineup of expert speakers and numerous networking opportunities, you won't want to miss it. https://www.midwestreiconference.com

16 Des 202426min

EP467 Scale Your Business to $10 Million with Edwin Carrion

EP467 Scale Your Business to $10 Million with Edwin Carrion

My guest today is a highly sought-after business strategist who helps entrepreneurs build to 8-figures or more through optimized systems and processes they can scale fast. Edwin Carrion’s faith in God and U.S. Marine Corps background have helped him adapt and turn around businesses in several industries, including real estate development where he has built and sold over $30 million. With over 20 years of experience Edwin is the founder of Carrion Investment Group, where he developed a diverse business background in design, organization, legal, financial, marketing, capital financing, and strategic negotiations. Find out more: my9secrets.com YouTube @EdwinCarrion78 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 Attention real estate investors! Save the date for the Midwest Real Estate Investor Conference, happening April 24-25, 2025, in Grand Rapids, Michigan. This event is the perfect place to connect with fellow investors, gain valuable insights, and elevate your real estate game. With a lineup of expert speakers and numerous networking opportunities, you won't want to miss it. https://www.midwestreiconference.com

9 Des 202430min

EP466 Creative Strategies for Mobile Home Park Investing with Derek Vickers

EP466 Creative Strategies for Mobile Home Park Investing with Derek Vickers

My guest today is a seasoned mobile home park investor. Not only does he own just over two thousand units, through his company Vicktory Capital he also controls 41 parks worth over $130 million dollars and has successfully turned around 21 different communities. Derek Vickers is here today to discuss mobile home parks and the successful business he’s built around them. We’ll be discussing his strategy for adding value to the parks he buys, and the creative way he uses the park-owned homes to increase his appraised value for the eventual refinance. Find out more: www.vicktorycapital.com And follow Derekvickers885 on all social platforms. 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 Attention real estate investors! Save the date for the Midwest Real Estate Investor Conference, happening April 24-25, 2025, in Grand Rapids, Michigan. This event is the perfect place to connect with fellow investors, gain valuable insights, and elevate your real estate game. With a lineup of expert speakers and numerous networking opportunities, you won't want to miss it. https://www.midwestreiconference.com

2 Des 202430min

EP465 How to Avoid Real Estate Scams with Ginger Crystal Faith

EP465 How to Avoid Real Estate Scams with Ginger Crystal Faith

My guest today is a truly impressive real estate investor.  Ginger Faith has been in this business for over 30 years. She’s a broker/builder/CEO who has flipped over 57 houses, several of which were featured on HGTV. Ginger is here to discuss how to compress time to retire in under 3 years, how to protect yourself from scammers, and why passive income is a myth, and what she believes is better. Find out more: Connect with Ginger Crystal Faith on all social media networks. www.womenswealthnetwork.net 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 Attention real estate investors! Save the date for the Midwest Real Estate Investor Conference, happening April 24-25, 2025, in Grand Rapids, Michigan. This event is the perfect place to connect with fellow investors, gain valuable insights, and elevate your real estate game. With a lineup of expert speakers and numerous networking opportunities, you won't want to miss it. https://www.midwestreiconference.com

25 Nov 202435min

EP464 Are You Paying Too Much in Property Taxes? With Joseph Noor

EP464 Are You Paying Too Much in Property Taxes? With Joseph Noor

If you own rental property, then chances are you’re paying property tax. In many areas around the country, property tax assessments can be confusing, unpredictable, and sometimes overly expensive. How do we know if we’re over-paying on our property tax, and what can we do to bring this cost down? My guest today is committed to democratizing real estate tools once reserved only for industry experts, and he’s developed a way to identify properties that are overpaying on their taxes and work to right these wrongs. Joseph Noor is the Co-Founder and CTO of Ownwell, and he’s here today to help us save money on our property taxes. Find out more: Website: https://www.ownwell.com/ Linkedin: https://www.linkedin.com/in/josephnoor/ 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 Attention real estate investors! Save the date for the Midwest Real Estate Investor Conference, happening April 24-25, 2025, in Grand Rapids, Michigan. This event is the perfect place to connect with fellow investors, gain valuable insights, and elevate your real estate game. With a lineup of expert speakers and numerous networking opportunities, you won't want to miss it. https://www.midwestreiconference.com

18 Nov 202429min

EP463 Election Roundup – Is Rent Control Dead? with Erika Farley

EP463 Election Roundup – Is Rent Control Dead? with Erika Farley

No matter which party and candidates you voted for, one thing I’m certain that we all can agree on is that it’s good to have election day behind us. But what does the outcome mean for real estate investors? Erika Farley is the Executive Director of the RPOA and has an extensive background in local and state politics. She’s here today to discuss the election results on both the state and federal level, and what real estate investors might expect from a policy perspective. We’ll also discuss the rent control ballot initiative that failed in California and what that means for the rest of the country. Find out more: www.rpoaonline.org Government Affairs Luncheon – Grand Rapids (11/13) and Brighton (11/20) https://www.rpoaonline.org/page/government-affairs-luncheon-post-election-analysis 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 Attention real estate investors! Save the date for the Midwest Real Estate Investor Conference, happening April 24-25, 2025, in Grand Rapids, Michigan. This event is the perfect place to connect with fellow investors, gain valuable insights, and elevate your real estate game. With a lineup of expert speakers and numerous networking opportunities, you won't want to miss it. https://www.midwestreiconference.com

11 Nov 202427min

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