EP026 Fix and Flip Success Strategies, Wholesaling and Learning from your mistakes with Brandon Krieg
Two episodes ago Brandon Krieg from Honeybee Homes shared his tips and techniques on Wholesaling for huge profits. If you haven't heard that episode yet, I highly recommend you give it a listen. This week Brandon has returned to discuss his Fix & Flip secrets to success. He'll talk about what type of property he looks for, how he runs his numbers, and share stories of deals that were highly profitable and a few that weren't. We also talk about Brandon's involvement with the West Michigan REI, as well as the Rental Property Owner's Association. You can contact Brandon through his website at: http://thehoneybeehomes.com/
11 Juli 201638min
EP025 The Simple Way to Understand Cap Rates
Instead of posting an interview on this Holiday Monday, I thought I'd take this opportunity to talk about a key financial ratio that you'll hear a lot from brokers and investors, but may not completely understand. I'm referring to the Capitalization Rate, or Cap Rate as its commonly called. This won't be a technical discussion that will make your eyes glaze over. Instead I'll share with you my simple explanation that I teach in my advanced financial analysis course through the RPOA. Happy 4th of July!
4 Juli 201612min
EP024 Wholesaling Success Stories and Strategies, Fix & Flips with Brandon Krieg
Today I'm excited to sit down and talk with Brandon Krieg, an experienced wholesaler who also does fix & flips. Brandon is the owner of Honeybee Homes, and has a lot of great knowledge and experience to share with our audience. If you've ever considered wholesaling as an investment strategy, or are looking for better techniques to ensure your success, then you won't want to miss Part One of this interview! Many of our listeners will recognize Brandon as the co-founder of the West Michigan REI Club. You may have also listened to one of his interviews on other podcasts, including Bigger Pockets. You can contact Brandon through his website at: http://thehoneybeehomes.com/
27 Juni 20161h 4min
EP023 Building Lifetime Cash Flow Through Real Estate Investing, Why Multi Family and Apartment Investing is preferable to Single Families with Rod Khleif
Today I'm thrilled to be talking with Rod Khleif, the host of the "Lifetime Cash Flow through Real Estate" Podcast. As one of America's top real estate professionals, Rod has personally owned more than 2,000 single family homes and multiple apartment communities. Rod shares his rags-to-riches-to-rags-to-riches story, from his humble beginnings as a young, impoverished Dutch immigrant to incredible success. Rod also discusses his remarkable triumphs, and spectacular failures, which he affectionately calls 'seminars'. We'll talk about the 800 Single Family Home Portfolio he lost in 2008, and how he's now rebuilding his fortunes through multi-family investing. Rod also tells us why he prefers multi-family to single-family and how multi-family can help protect you during the next economic downturn. As a bonus, you can listen to this week's episode of Rod's podcast "Lifetime Cash Flow through Real Estate" to hear Rod interview me, Brian Hamrick, about my career in Real Estate Investing. Be sure to check out both podcast episodes - they're required listening to podcast fans & real estate investors! And find out more about Rod Khleif at his website: http://lifetimecashflowpodcast.com/
20 Juni 201645min
EP022 Buying with the Right Fundamentals & Property and Asset Management with Tina & Wes Emert
If you are a new investor who is looking to buy rental property, or you're a current owner looking for ways to improve your methods, I believe you'll get a lot out of my conversation today with Tina & Wes Emert from City Wide Real Estate Services. Tina & Wes offer services ranging from Real Estate Brokerage, Rehabbing, Property Management and Asset Management. They take a 'Success-Based' Approach rather than a 'Property-Based' approach, and we'll discuss exactly what that means during our wide-ranging discussion that contains a lot of valuable tips for every level of Rental Property Owner & Real Estate Investor. Find out more: https://citywide.managebuilding.com/Resident/public/custom/22
13 Juni 20161h 25min
EP020 Self Directed IRA's, Tale of two 4-Units, Be Aware of 'Alligators' that eat all your Cash Flow with Steve Whitteberry
The Good, The Bad, and The Ugly: Last week successful investor Steve Whitteberry shared his stories of 'The Bad & The Ugly' with us. Today we get to discuss 'The Good'. Steve will discuss his use of Self Directed IRA's and how they're helping him prepare for retirement. We'll also discuss 'Alligators' and how they can eat up all your Cash Flow. And we'll also compare our experiences purchasing two separate 4-units, both of which were bought for a great price at the bottom of the market, but had two very different outcomes for each of us.
30 Maj 201637min
EP019 Avoiding Bad Investments with Bad People, No Money Down, Value of Land, Helping People in Foreclosure with Steve Whitteberry
The Good, The Bad, and The Ugly: Sometimes we come across deals that are too good to be true but we suspend our better judgement because the person selling those deals is so persuasive and says all the right things. Steve Whitteberry is our guest today. Steve is a successful real estate investor who will share his stories of making investments and working with certain investors that he later came to regret. Steve will share the valuable lessons he learned from these experiences that will hopefully prevent you from making the same mistakes. In part one of our interview we will also discuss Robert Allen's 'No Money Down', the value of land, and helping people who are going through the foreclosure process.
23 Maj 201623min
