How To Start Investing In Real Estate As A Beginner pt 3 - Master Passive Income Real Estate Investing

This podcast episode follows the transformative journey of Steve Yoak, who transitioned from a conventional educator to a prominent real estate investor and flipper in Ohio. We delve into the essential mindset, strategies, and actions requisite for achieving financial independence and breaking free from the constraints of traditional employment. Throughout our discussion, Steve shares valuable insights about his initial foray into business, influenced by his upbringing in a family of entrepreneurs, and how those formative experiences shaped his approach to investing. Furthermore, we explore the intricacies of managing and scaling a successful real estate operation, emphasizing the importance of building relationships with contractors and the necessity of maintaining consistent quality across properties. This episode serves as a guiding light for those aspiring to attain financial freedom through passive income ventures.http://akronturnkey.com/Instagram - @steveyoakLearn more about Zach Zimmer here: https://realzachzimmer.comCheck out all the other MPI Podcast Network Shows: https://masterpassiveincome.com/networkReal Estate Coaching with Charles and William: https://masterpassiveincome.com/coaching//BEST REAL ESTATE INVESTING RESOURCE LINKSStart your LLC for only $29! https://masterpassiveincome.com/formanllcGreat High Interest Savings Account: https://masterpassiveincome.com/citGet your business bank account here: https://masterpassiveincome.com/baselaneGet your business credit card with 2% Cash Back with NO FEE! https://masterpassiveincome.com/amexSelf Directed IRA for Real Estate Investing: https://masterpassiveincome.com/rocketdollarLearn more about Zach and Dustin and find resources to build an automatic real estate investing business: https://masterpassiveincome.com/NOTE: This description may contains affiliate links to products we enjoy using ourselves. Should you choose to use these links, this channel may earn affiliate commissions at no additional cost to you. We appreciate your support!

3 Apr 52min

This week I'll be talking about a mistake that can literally cost you hundreds of thousands. Illegal suites aren't always easy to spot, but they can either be excellent negotiating points, a continual thorn or an existential issue. Want to know how to spot the difference? This is the episode for you. Terrie Schauer’s LinkedIn: https://www.linkedin.com/in/terrieschauer/ Terrie Schauer’s Instagram: https://www.instagram.com/terrieschauer/ Check out all the other MPI Podcast Network Shows: https://masterpassiveincome.com/network

2 Apr 29min

It is possible to become a millionaire in 5 years and Jason Brown from The Brown Report is here to show us how to do it. Check out Jason Brown here. Get the FREE Course: https://masterpassiveincome.com/freecourseGet the 1-on-1 coaching FREE strategy call here: https://masterpassiveincome.com/bookacallFollow Dustin Heiner on Instagram: https://instagram.com/thedustinheinerCheck out all the other MPI Podcast Network Shows: https://masterpassiveincome.com/network//BEST REAL ESTATE INVESTING RESOURCE LINKSStart your LLC for only $29! https://masterpassiveincome.com/formanllcGreat High Interest Savings Account: https://masterpassiveincome.com/citGet your business bank account here: https://masterpassiveincome.com/baselaneGet your business credit card with 2% Cash Back with NO FEE! https://masterpassiveincome.com/amexThe primary focus of this podcast episode centers on the intricate strategies of asset protection and the legal nuances of real estate investments. I am joined by an esteemed expert who elucidates the mechanisms through which one can legally mitigate tax liabilities while safeguarding personal assets. We delve into the establishment of Limited Liability Companies (LLCs) and the implementation of land trusts, which serve as pivotal instruments in creating a robust shield against potential litigations. Throughout our discussion, I share my own experiences and the lessons learned from prior missteps in structuring my investments, emphasizing the importance of doing things correctly from the outset. We conclude with actionable insights that empower listeners to take definitive steps toward securing their financial futures in real estate investment.Takeaways: The best time to invest in real estate is today, not twenty years ago. Quitting your job and achieving financial independence through real estate is attainable for everyone. Building generational wealth requires taking proactive steps and investing in properties now. Attending the Real Estate Wealth Builders Conference can significantly enhance your investment knowledge. Investing requires a strategic mindset; saving a portion of income can facilitate property acquisition. Real estate investment is fundamentally about people, relationships, and serving the community effectively. Companies mentioned in this episode: Master Passive Income Real Estate Wealth Builders Conference real estate investing, passive income, generational wealth, quit your job, financial independence, real estate conference, rental properties, property management, investing strategies, real estate coaching, first-time investors, buy and hold strategy, real estate market trends, investing in Illinois, cash flow properties, networking for investors, real estate success stories, property acquisition, investment opportunities, financial educationTakeaways: In this episode, we emphasize the importance of establishing a proper asset protection strategy,...

1 Apr 52min

Lifestyle design is what a 7-figure income investor does because he has enough money to live the life he wants to live. You can learn how you can invest and become a 1% er and how you can design your life.Learn more about Zach Zimmer here: https://realzachzimmer.comCheck out all the other MPI Podcast Network Shows: https://masterpassiveincome.com/networkReal Estate Coaching with Charles and William: https://masterpassiveincome.com/coaching//BEST REAL ESTATE INVESTING RESOURCE LINKSStart your LLC for only $29! https://masterpassiveincome.com/formanllcGreat High Interest Savings Account: https://masterpassiveincome.com/citGet your business bank account here: https://masterpassiveincome.com/baselaneGet your business credit card with 2% Cash Back with NO FEE! https://masterpassiveincome.com/amexSelf Directed IRA for Real Estate Investing: https://masterpassiveincome.com/rocketdollarLearn more about Zach and Dustin and find resources to build an automatic real estate investing business: https://masterpassiveincome.com/NOTE: This description may contains affiliate links to products we enjoy using ourselves. Should you choose to use these links, this channel may earn affiliate commissions at no additional cost to you. We appreciate your support!

1 Apr 18min

En este episodio, Juan Lizarazo presenta la estrategia BRRRR, un método efectivo para escalar un portafolio inmobiliario sin necesidad de contar con grandes sumas de dinero. A través de cinco pasos: comprar, rehabilitar, rentar, refinanciar y repetir, los inversionistas pueden maximizar su capital y expandir su inversión en bienes raíces. Juan también enfatiza la importancia de conocer los números y las estrategias de financiamiento adecuadas para llevar a cabo este método con éxito. En esta conversación, Juan Lizarazo detalla un enfoque estratégico para la inversión inmobiliaria, que incluye la compra, rehabilitación, alquiler y refinanciamiento de propiedades. Explica cómo la apreciación forzada puede generar capital infinito y cómo repetir este proceso puede llevar a la independencia financiera. También aborda los riesgos y desafíos asociados con la inversión en bienes raíces.Curso gratuito: https://masterpassiveincome.com/freecourseSígue a Juan Lizarazo en Instagram: https://www.instagram.com/JuanInvestsPuntos claveLa estrategia BRRRR permite escalar un portafolio inmobiliario.Es crucial conocer los números para evitar pérdidas.Los inversionistas deben buscar propiedades a descuento.El financiamiento inicial es clave para la compra de propiedades.No se debe comprar propiedades por el precio que piden.La rehabilitación de propiedades puede generar un gran retorno.Es importante tener un plan de salida claro.Los bancos tradicionales no financian propiedades dañadas.La estrategia BRRRR se puede aplicar en diferentes mercados.Siempre hay opciones de financiamiento disponibles. La rehabilitación adecuada de propiedades puede aumentar significativamente su valor.Es crucial entender el proceso de refinanciamiento y sus requisitos.La apreciación forzada permite generar capital sin inversión adicional.Repetir el proceso de inversión puede llevar a la independencia financiera.Conocer el mercado y los números es esencial para el éxito en inversiones.Los costos de mantenimiento y rehabilitación deben ser considerados en el cálculo.Las tasas de interés altas pueden complicar, pero no imposibilitar, la inversión.La estrategia BRRRR es un método efectivo para multiplicar el portafolio inmobiliario.Es importante tener un plan de salida y conocer los riesgos involucrados.La inversión en bienes raíces puede ser una vía para generar ingresos pasivos.

1 Apr 36min

//BEST YOUTUBE RESOURCE LINKS//Get our free ebook to dive deep into ranking videos on YouTube: https://businessnerd.co/freebookBest YouTube SEO Ranking Tool: https://businessnerd.co/tubebuddyGreat Free Small Business Banking with Relay ($50 Bonus): https://businessnerd.co/relayMore resources to build a Passive Income YouTube business: https://businessnerd.co/resourcesJoin the Monthly Newsletter: https://businessnerd.co/newsletterConnect with us through email at: contact@businessnerd.coAffiliate Disclosure: This description may contain affiliate links to products we enjoy using ourselves or highly recommend. Should you choose to use these links, this channel may earn affiliate commissions at no additional cost to you. We appreciate your support!

28 Mars 27min

www.MasterPassiveIncome.com presents The Master Passive Income Multifamily Podcast with Charles Seaman and Erika McNew. During this episode, they interview Andrew Geisler. Andrew talks about his start in the business as a foreclosure servicer in the aftermath of the Great Financial Crisis, his transition to the brokerage world once foreclosures dried up in the mid-2010's, and his more recent transition to the development and investing side of the business.REWBCLUB: https://rewbcon.com/clubREWBCON 20% OFF CODE: MPIPODCAST: https://rewbcon.com Get the 1on1 coaching strategy call here: https://masterpassiveincome.com/bookacallFollow Dustin Heiner on Instagram: https://instagram.com/thedustinheinerGet actionable coaching to give you success https://masterpassiveincome.com/coachingCheck out all the other MPI Podcast Network Shows: https://masterpassiveincome.com/network//BEST REAL ESTATE INVESTING RESOURCE LINKSStart your LLC for only FREE! https://masterpassiveincome.com/formanllcGreat High Interest Savings Account: https://masterpassiveincome.com/citGet your business bank account here: https://masterpassiveincome.com/novoGet your business credit card with 2% Cash Back with NO FEE! https://masterpassiveincome.com/amexLearn more about Zach and Dustin and find resources to build an automatic real estate investing business: https://masterpassiveincome.com/NOTE: This description may contains affiliate links to products we enjoy using ourselves. Should you choose to use these links, this channel may earn affiliate commissions at no additional cost to you. We appreciate your support!

27 Mars 22min

Is your broker really on your side? In this episode, we break down how the wrong broker can quietly sabotage your deal. From pushing properties they don’t understand, to saying “yes” just to avoid extra work, some brokers hurt more than they help. Learn how to spot these mistakes before they cost you time and money!Terrie Schauer’s LinkedIn: https://www.linkedin.com/in/terrieschauer/ Terrie Schauer’s Instagram: https://www.instagram.com/terrieschauer/ Check out all the other MPI Podcast Network Shows: https://masterpassiveincome.com/network

26 Mars 24min