Welcome to the mistake free real estate Podcast, where we deep dive in the world of passive TURNKEY rental homes. You'll hear from the leading industry experts in banking, title and real estate sales, as well as in depth discussions with the industries biggest deal providers, house flippers, and passive investors. Each episode will cover all the mistake made in real estate investing so that you don't have to experience them the hard way. Remember.....the biggest mistake you may ever make is NEVER buying rental real estate at all!
Jimmy Vreeland joins Marck to discuss how to thrive in the current high interest rate environment.
10/19/23 • 29:56
Marck joined Greg Helbeck on the Real Estate Investing Fast Track to discuss all things real estate from what it's like to invest in the Midwest, Marck's business model with SBD Housing Solutions, to new construction in Kansas City, and how to find buyers.
9/21/23 • 37:37
Richard Advani of Guaranteed Rate joins Marck to discuss creative solutions to combat rising interest rates and how investors can use a 30-year fixed mortgage to their advantage.
8/25/23 • 44:53
Real estate investor Brad Chandler joins Marck to discuss how to transform your mind and how that can benefit entrepreneurs.
8/25/23 • 33:03
President of Ashlar Homes, Shawn Woods, joins Marck to discuss his experience as a builder and the benefits of new construction.
8/11/23 • 42:49
Jimmy Vreeland joins Marck de Lautour on the Mistake Free Real Estate podcast to discuss their takeaways from the Collective Genius Mastermind which features the nation's top real estate investors and what top real estate investors in the country are doing to grow their business.
8/2/23 • 43:06
Matthew Pollard joins Marck to discuss rapid growth in the face on uncertainty.
6/22/23 • 50:24
DealMachine CEO joins Marck to discuss how technology is impacting real estate.
6/1/23 • 29:01
How agents can take advantage of the real estate market.
4/26/23 • 38:24
Every quarter, my good friend Jimmy Vreeland and I sit down and talk about our experience in Collective Genius, a mastermind we are both a part of. In this episode, Jimmy and I are going to discuss what we learned from the presentations in the event, our biggest takeaways, and how we’re preparing our businesses for what’s coming. Listen now to learn what happened during the last Collective Genius event and the golden nuggets we’ve picked up while we were there! Key Talking Points of the Episode 00:00 Introduction 01:43 How does Collective Genius help us give back? 03:26 What are our biggest takeaways from the event? 06:53 What makes this recession different from 2008? 08:46 Where do we stand on inflation rates today? 12:44 How is inflation crushing the middle class? 14:38 How can real estate investing set you up for the future? 17:34 What is the greatest threat to every investor’s portfolio? 21:31 What does real estate value appreciation look like today? 23:32 Why should people take advantage of Fannie Mae loans? 26:42 What is happening in the new construction market today? 31:16 What are we experiencing in the turnkey market today? Quotables “The government hasn’t curbed their spending, they’re not doing to make energy more accessible, so that’s gonna stay expensive.” “Kiyosaki went on Oprah in 1990, everybody knows about this! They just don’t get involved, they don’t get started.” “Strategic and systematically buy assets so that when there is the next disaster and the fed does blast lower rates, then you refi everything out.” “Like I’d always say, real estate doubles in value every 20-30 years, I think I’m gonna stop saying 30 because consistently, we are seeing real estate double in value every 20 years.” “If you’re gonna buy and hold these assets forever, for long-term, then the smartest thing you can do is lock in a 30-year fixed to get these things paid off.” “Most home builders have not been aggressively scaling and growing based on what they fear could be a downturn.” “Quite frankly, I think that inventory is still so shallow, especially in the big cities that are experiencing massive population growth.” Links Book: Principles for Dealing with the Changing World Order https://www.amazon.com/changing-world-order-nations-succeed-ebook/dp/b0881y73yg
4/6/23 • 35:36
In a previous episode, Tyler Knott enlightened us on what’s happening in our local banking and how it relates to real estate. Today, Tyler is back to share his banking career journey. Tyler’s family has owned the bank for 120 years, and they envision having it for over 110 years to come. Tyler began his career in banking as a teller, and he worked his way up. If you are wondering how Tyler got to be the chairman and CEO of Bank 21, this episode is for you. Tyler shares his journey and some of the mistakes he has made along the way. Also, if you are worried about what the future holds for us economically, you must listen to Tyler’s prediction. Listen and learn. Key Talking Points of the Episode: 01:22 How Tyler grew up in banking 03:14 Positions that Tyler has had at Bank 21 05:16 Banking as a business 06:29 The symbiotic relationship between deposits and loan customers 09:09 What makes a good loan? 11:08 Why is real estate such a great piece of collateral 11:41 Debt coverage ratio 15:09 The different lending buckets that Bank 21 has 16:34 How Bank 21 pivoted through 2008 20:17 How Tyler’s law degree helps him as the CEO and chairman of Bank 21 22:17 Tyler’s goal for Bank 21 for the next five years 25:21 Impacts of the high-interest rates on the economy 26:39 Is there a drop in lending requests due to the high interest rates? 28:58 Do we have a recession coming? 30:33 Why Tyler loves single-family asset class 33:21 Qualities of SDP borrowers 36:34 Mistakes Tyler has done in real estate 38:42 Three people Tyler would golf with Quotes: “The best way that I can move this bank forward is to be in it and building the right systems to deliver excellence.” “You only have so much time in a day and so if you’re having to hands on train every single person on every single aspect then you’re going to stay very small.” “If there aren’t houses to buy, there’s got to be houses to rent.” “You can have a great lender and someone that you trust, and you’re assuming that inspections are getting done, but never assume, you know, build those systems in place.” Connect with Knott Tyler: LinkedIn: https://www.linkedin.com/in/tyler-knott-9532435/
3/31/23 • 40:46
Did you hear of the collapse of the Signature Bank? The collapse was caused by customers withdrawing over $10 Billion in deposits. failure of the Signature Bank was triggered by the failure of Silicon Valley Bank, aka SBV which had announced a need to raise some money for its balance sheet. As investors, should we get worried? In this episode, Tyler Knott joins me on the podcast to enlighten us on what’s happening in our local banking and how it relates to real estate. Tyler is the chairman and CEO of Bank 21. He helps us understand how bank failures happen, the different types of bank failures, how they relate to real estate, and how banks can safeguard themselves from failure. Listen in and learn. Key Talking Points of the Episode: 00:19 What is bank failure, and what are the different types? 02:49 Importance of short-term bonds 07:55 The power of the Federal Deposits Insurance Corporation (FDIC) 12:47 Understanding zero-rated loans 13:33 What percentage of the bank’s deposits come from wealthy depositors? 21:52 The difference between liquidity failure and asset failure Quotes: “On a balance sheet, a bank balance sheet depositors’ money is a bank’s liabilities, and assets are bonds or loans.” “Fed funds is going to earn a lot less than a longer-term bond. But you’ve got a lot of liquidity risk.” “A bank’s reputation is key, in any industry, but the reputation for proper management is 100% key. Proper management means diversification.” Connect with Knott Tyler: LinkedIn: https://www.linkedin.com/in/tyler-knott-9532435/
3/22/23 • 27:53
Lee Arnold is a man who has built some incredible business empires in the real estate investing space, but more than that, Lee has built incredible ministries as well. In many ways, Lee has failed but has a powerful message and story of how some of the most successful businesses are born from failures. Listen in to the immense wisdom and experience from Lee Arnold! Key Talking Points of the Episode 00:00 Introduction 02:15 What was the biggest lesson Lee learned as a new investor? 04:09 How did Lee get into real estate investing? 08:00 How does Lee help change people’s minds about real estate investing? 10:11 How does Lee’s program help new investors become successful in real estate? 12:45 Why do some people fail to find success in real estate investing? 16:30 How is the current economy affecting Lee and his businesses? 21:05 What does the market in Idaho look like today? 24:27 What challenges are there in building affordable housing today? 26:29 Why is Lee passionate about business leaders and their faith? 29:19 What is one big mistake Lee made in business in the past? 32:15 Why are debt and leverage not equivalent to income? 35:33 Who would Lee want to spend an afternoon playing golf with? Quotables “When somebody told me that funding is attracted to opportunity, not people, that really jumped out at me because I was the least attractive person from a financial standpoint.” “For most people, real estate is the most accessible thing because if there’s two things everybody needs, it’s food to eat and a place to live.” “I love passive income, I love cash flow and turnkey real estate, but I think for some, they buy it too early and they don’t have the cash to weather the storm of vacancies or a heater going out, or a tenant trashing the place.” “I don’t know how people who do not have faith in God run a business because it is stressful.” “Stay humble, stay in affordable housing, stay in the 5-point criteria that I gave you. There’s nothing wrong with wanting to buy skyscrapers and build giant properties but if you can’t do it with cash, don’t do it.” “Stick to the fundamentals, stick to the basics, and if you will do that, you will have a very successful business.”
3/3/23 • 40:57
Kim Tucker is the co-founder of the Kansas City REIA and the Mid-America Association of Real Estate Investors. She is one of the most influential people in the real estate space in Kansas and she is with us today to talk about her journey, the mistakes she made, and the lessons she learned along the way. Listen now to learn more about Kim, how real estate investing has been for her, and what advice she has for investors today! Key Talking Points of the Episode 00:00 Introduction01:45 Why did Kim decide to co-found their own REIA?03:10 What attracted Kim to real estate?04:28 What kind of strategies did Kim use when they started investing?06:45 What was Kim’s time as a landlord like?09:19 What mistake led Kim to becoming an accidental landlord?10:30 Why is it important to have the right systems in place for your rentals?11:52 Why do you need to track service tickets in your rental properties?13:38 What issues are we facing in the real estate space today?15:18 What can we do to help protect the community from these issues?16:19 Why is it important to be aware of what’s happening in your local market?19:55 What was it like in Kansas City during COVID?22:10 What part of Kim’s events does she love the most?23:52 What is the best way to make the most out of a REIA meeting?26:46 What is the best way to find funding for your deals?27:55 What are the benefits of doing virtual REIA meetings?29:18 What is the market like for buying and selling today?33:02 What is one of Kim’s biggest mistakes in her real estate investing career?35:25 How can people start investing passively today?36:22 Why should people start investing in real estate earlier in life?38:01 Who would Kim want to take a long walk with? Quotables “We were doing the deal to do a deal and I don’t recommend doing that.” “I highly recommend if you’re gonna manage yourself, to invest in systems. Learn systems, have somebody help you get them set up so you don’t have anything falling through the cracks.” “Try to focus on creating more affordable housing, but be aware that rent control could come down at any time, so make sure you’re not under market on your rents.” “Just like we say only 5% of the landlords are bad and they’re making all these rules and regulations for everybody for 5% of the landlords, only 5% of the tenants are causing issues.” “Even if you know, you might be an expert on whatever it is the speaker is teaching, you’ll still get something out of it.” “I found that bragging about your deals is the best way to find money. Just let people know what you do.”
2/4/23 • 40:38
Greg Iverson is a mortgage broker and he will be working with our investors soon and he wanted to introduce me to his investor-base, so we did an episode together. Tables are turning today as I am the one being interviewed about why real estate and turnkey investments. Listen now to learn why we got into real estate and why turnkey investments are the key in this kind of economy! Key Talking Points of the Episode 00:00 Introduction01:38 What is my background?03:25 What made me decide to get into real estate investing?04:40 How did we take advantage of the crash in 2009?06:24 Why is delayed gratification important in real estate investing?08:35 What are the benefits of doing build-to-rent projects today?12:54 Why do we do in-house property management?14:24 How do we minimize the need for maintenance?17:08 What should investors be on the look out for in today’s market?21:29 What is my advice to investors who want to wait?23:12 How can you pass your assets to your children without taxes?25:50 How can you connect with our team? Quotables “I’m convinced that the ones that can stay the course and work that plan that they set up regardless of the market, those are the ones that long-term, that win.” “Real estate is the turtle and not the hare. What we’re preaching here, it’s not a get-rich-quick scheme.” “They say delayed gratification is the sign of maturity and I think never moreso than with just rental real estate, you’ve gotta have the diligence and patience to be buying now to enjoy the fruits of your labor 15 years later.” “There are only so many homes out there you can rehab, so you have to get a little bit creative and find other opportunities.” “I am a firm believer that to be a true turnkey provider, you have to be doing property management yourself, otherwise you’re just a house flipper.” “We don’t upcharge for maintenance at all. We want our investors to have the strongest cash flowing asset possible, meaning we’re doing everything we can to decrease maintenance. “The good product out there that’s beautifully remodeled, in good condition, and is move in ready, is getting multiple offers and is still of high interest, and we’re getting our asking price.” “There’s no better way to hedge inflation than owning assets that will go up in value.” “One of the beauties of real estate investing is you get to pass all of your assets to your children tax-free through step up basis.” Links Instagram: Marck de Lautour https://www.instagram.com/marckdelautour Email: SBD Housing invest@sbdhousing.com Website: SBD Housing https://sbdhousing.com/
1/27/23 • 27:58
Virtual assistants are becoming more common day by day. Unfortunately, most businesses are yet to learn how to go about sourcing a VA. One thing that we all know is the fact that the hiring process takes work and consumes a lot of time. You advertise a job opening, receive hundreds of applications, conduct numerous interviews, and then land on a VA who stays just a few days. That is frustrating, right? Today, I have the privilege of hosting Bob Lachance. He owns Reva LCC, which offers virtual assistants for the real estate and medical industries. Bob and his company ensure that we have skilled and trained virtual assistants. His company sources VAs from the Philippines. In this episode, Bob shares how a virtual assistant can work in your business and become a great asset. Also, he shares his athletic and entrepreneurship journey. Listen to learn more. Key Talking Points of the Episode: [01:14] What does Bob Lachance do for a living? [02:51] Bob’s athletic experience [04:41] The transfer portal in sports [07:03] Bob’s experience travelling the world for sports [07:37] Bob’s family experience [11:15] What inspired Bob to start his company, Reva Global [13:25] What led Bob to work with VAs from the Philippines? [14:43] How can people utilize virtual assistants? [17:38] How Bob and his Company Prepares Vas for the American market [23:25] What helped Bob’s s business survive the pandemic? [25:02] How much does a VA get paid? [28:23] How Bob is helping other industries make use of virtual assistants [30:17] Mistakes and lessons that you have learned in business and life [32:47] Four people that Bob would love to play golf with Quotes from the Episodes: “One of the greatest attributes for people that win in life is that they just don’t quit.” “The power you can have by freeing up your time to have others do either remedial or repetitive tasks is really powerful.” “Focus on your gold metal talent and just keep this.”- Jeff Hoffman Connect with Bob Lachance: Website: https://revaglobal.com/ LinkedIn: https://www.linkedin.com/in/boblachance/ Resources Mentioned in the Episode: The 4-Hour Workweek- Timothy Ferriss
12/19/22 • 34:29
Everyone has been talking about how high interest rates are, and while this is causing a lot of fear and panic among new investors, those who have been in the game longer are seeing it differently. Jimmy Vreeland is with us on the show today to shed more light on this matter and help us better understand why these interest rates create great opportunities for real estate investors. Listen now to learn more about the effects of interest rate hikes on the real estate market and why it is the best time to buy properties! Key Talking Points of the Episode [00:00] Introduction [01:52] How are rising interest rates clearing the field? [06:14] What is the impact of high interest rates on prices? [09:09] Why shouldn’t you bank on low interest rates? [12:48] What do these rising interest rates really mean? [16:05] What makes real estate the greatest inflation hedge? [18:49] How is real estate investing similar to a baseball game? [22:08] Why should you start investing while you’re young? [23:16] How does turnkey investing really work? [24:32] When do massive rewards in real estate come?
12/9/22 • 26:51
Sometimes the host becomes the interviewee, and the guest becomes the host. Our host for today is David Choi. He will take Marck through an in-depth conversation to find out what they are doing to remain profitable. Marck de Lautour is the Founder and CEO of SBD Housing Solutions, providing turnkey real estate investments to buyers. SBD focuses on single-family rentals and long-term investment strategies. The economic times are difficult, and different companies are taking different approaches for them to remain profitable. Some are cutting down costs wherever they can, while others, like SBD housing solutions, have adopted different ways of disposing of assets. Marck shares all the fine details in this episode. Also, Marck shares how they hire and retain talents, their verticals at SBD and explains the pros and cons of owning other asset classes. Listen to this episode and learn from the conversation. Key Talking Points of the Episode: [01:23] Getting to hear Marck's background [02:34] How Marck got started in real estate [07:28] What does Marck's team look like? [11:17] How to hire fantastic talent [13:18] What does Mark do for a living? [18:28] The different kinds of verticals that Marck's company handles [23:44] The pros and cons of owning other asset classes [32:39] How the economy is affecting Marck's business and what they are doing to remain profitable [36:53] How to get in touch with Marck Quotes from the Episode: "Everyone goes through pivots. And typically, they can often come in the downturns rather than the up swings in a in a market cycle." "A turnkey real estate provider is someone who sources or buys, remodels and gets assets rented out, typically single families or duplexes. Once it's a turnkey it's a done for you rented out cash flowing, single family or duplex asset. They then we sell it to an investor."
11/28/22 • 40:20
I was recently invited to be a guest on Big Mike’s Real Leverage podcast, where we talked a lot about the real estate market today, especially in Kansas City. We discussed inventory, interest rates, strategies that work, and so much more. Listen now to learn what has been going on in the real estate market in Kansas City, the turnkey space, and what we have been doing to ride out this wave! Key Talking Points of the Episode [00:00] Introduction [03:55] What is the market like today in Kansas City? [04:20] What is turnkey real estate? [06:01] Is it a good time to buy real estate in Kansas City? [07:50] How has the market correction affected real estate? [10:35] What is the role of affordability in the current condition of the market? [13:19] How is new construction doing in Kansas City? [15:15] Why is a recession inevitable in this kind of economy? [18:29] Why should people still buy turnkey properties today? [23:57] What does the future look like if inflation continues to stay high? [26:15] What makes today’s economy different from what it was before? [29:13] How can we continue operating with high inflation? [30:55] What is the real estate market going to look like in this kind of economy? [32:05] What is the substitution effect? [34:50] How soon could interest rates start coming back down?
11/8/22 • 38:39
Aaron Chapman of Security National Mortgage Company is one of the most knowledgeable people I know when it comes to mortgages and real estate. He is with us on the show today to help us better understand what’s going on in the market. Listen now to learn more about the changes in interest rates and how they are affecting home buyers, sellers, and the market in general!
9/9/22 • 43:32
Steve Trang is a successful real estate investor, business owner, sales trainer, and podcaster. He has interviewed and worked with so many real estate investors and he is here to tell us about what he has learned through the years. Listen now to learn more about Steve and his journey so you could learn from the mistakes he made in the past! Key Talking Points of the Episode [00:00] Introduction [01:30] What are the traits of successful investors? [03:25] How have the last 2 years been for Steve? [05:15] How does Steve react to the realization that he isn’t where he wants to be? [07:06] What does Steve do with his time away from the business? [08:40] What does success look like for Steve? [10:29] How is Steve’s mission to make a hundred millionaires going? [11:27] What will Steve do after he accomplishes his mission? [12:22] What are Steve’s thoughts on active and passive investing? [15:00] What was it like for Steve in 2007? [17:30] What is the impact of inflation on the market from where Steve is? [21:30] How is this downturn going to impact wholesalers on the market? [23:40] What is the best way to educate customers? [25:51] How can other investors have an advantage today? [27:15] What’s happening to the rental market today? [29:05] Why did Steve decide to buy a bank? [32:33] What is an NFT? [34:17] What is the value of an NFT? [36:10] What benefits do you get from NFTs? [39:45] How will real estate change when it enters the blockchain? [40:27] What is one of the biggest mistakes Steve made in real estate? [44:02] How has social media changed Steve’s life? [47:36] Who are the 3 people Steve wants to be with for an afternoon of golf?
8/15/22 • 50:31
The Collective Genius Mastermind that Jimmy and I are part of has the top 1% of real estate investors from all over the country. In this episode, Jimmy and I are talking about our takeaways from the last CG event from the top networkers and investors we’ve met. Listen now to learn more about our experience and the gold nuggets we’ve picked up along the way that could help you succeed as a real estate investor!
8/5/22 • 37:03
Bruce Norris is one of the economy’s bright lights in the real estate industry. He is an active real estate investor, lender, and educator in the space. He has been in the industry for 35 years and he is here to help us better understand what’s going on in the real estate market today. Listen to this episode to hear what Bruce thinks about today’s real estate market and many other gold nuggets from a true industry expert!
6/10/22 • 40:26
There comes a time when tables turn. A host becomes a guest, and a guest becomes a host. Today, I get to be a guest on King Khang’s podcast. Khang will be interviewing me, intending to understand my real estate journey. Khang and I are members of the Collective Genius Mastermind, and we are both immigrants to the country. My real estate journey started when I was pursuing my MBA. I flipped a house and thought it would be a great path to follow. So far, I’m glad I chose the right path. In this episode, we’ll talk about how I started in real estate, built a team, work-life balance, how I survived a recession, and Airbnb’s, among other interesting topics. Grab a notebook and pen. You might need to take some notes. Key Talking Points of the Episode: [02:23] Where is my origin? [02:57] How I started as an entrepreneur [06:13] How I flipped my first house [09:57] How to build a team [12:59] When do you know you are ready to start hiring people? [14:20] How many hours a day did I work when I started? [16:08] Work-life balance [21:01] Why do I think celebrity couples don’t work out? [23:53] How was the 2008 recession? [27:45] How you can protect yourself as a fix and flip in case there is another recession [29:43] How much reserve should you have when fixing and flipping property? [32:00] My take on the current real estate market [35:28] Single-family versus multifamily [37:19] My thoughts on Airbnb [42:34] Where I’m I doing my business at? [43:49] The upcoming The Multimillionaire Club Quotes from the Episode: “If your pocket is not deep enough doesn’t mean other people don’t have a deep pocket.” “For every rental property that you own, you should have $3,000 in reserves, in my opinion.” “The first thing that happens in a real estate downturn is that the ability to borrow money dries up quickly for those that are not well supported.” “Anyone who aspires to be best in class, they throw work-life balance out the door.” “For every two or three wholesale deals you do, you’ve got to start holding on to one.” “Don’t compare your success or progress level with someone else’s. Because we all learn differently.”
4/22/22 • 49:09
Are you looking to become a successful investor? You have to be ready to be a boring investor. Investing should be like watching paint dry or grass grow. If you want excitement, take $800 and go to Las Vegas. In this episode, I have the privilege of hosting one man who calls himself a boring investor, Paul Moore. He will be sharing his journey to becoming a boring investor and giving us some nuggets of wisdom that we can apply in our journeys.
4/8/22 • 36:16
Do you belong to any mastermind groups? If you don’t, it is time you join one. You need to keep in mind that you’ll have to strip yourself of your ego and be willing to be the humblest person in the group. Masterminds are about learning from other people, and you cannot do that if you think you are the most intelligent person in the room. In this episode, Jimmy Vreeland and I will be recapping our last Collective Genius mastermind event in Scottsdale, AZ. Jimmy and I will be sharing some of our highlights from the mastermind speakers. Also, we’ll have a moment to go over Jimmy’s presentation on taking massive action. Key Talking Points of the Episode: [02:36] Jimmy’s thoughts of Allistar’s presentation, load-bearing fictions [03:48] My biggest takeaway from Allistar [10:54] Jimmy’s key takeaways from Daniel Marco’s presentation [14:47] The inverted leadership model by Daniel Marcos [28:26] How taking massive action has impacted Jimmy’s business [19:57] The CG slap [21:36] Running to the abyss [25:20] How Jimmy picks his one thing [26:47] Jimmy’s thoughts on being a go-giver Magical Quotes from the Episode: “It’s not things people don’t know that necessarily hurt them. It’s things that people think they know but just aren’t true, that is the most damaging.” “You have to think outside, the media or the government. None of them have our best interests at heart, and you have to truly analyze where your company’s at, where you’re trying to go, and what industry pressures we’re going to face along the way.” “If you want to get massive action out of it, you just got to promise me you will make fun of me.” “Give more to get more.” Connect with Jimmy: Podcast: https://podcasts.apple.com/us/podcast/rise-up-live-free/id1500021021 LinkedIn: https://www.linkedin.com/in/jimmy-vreeland/
3/28/22 • 34:10
Today is Sarah Chapman’s first day at SPD. Sarah believes that today is the best day to record the podcast. She is excited to be here, and she believes it doesn’t get more exciting than day one. Before joining real estate, Sarah worked in hospitality management, event management, customer service, and sales. Twenty-two years ago, she decided to take the bold step of joining real estate, and since then, she has worked with several big companies in real estate. In this episode, Sarah will share her career journey, tools that big real estate companies use to scale, the importance of excellent communication, her plan for the next 90 days, among other exciting topics. Listen in to this episode. Key Talking Points of the Episode: [02:13] Getting to know Sarah [03:09] Who has Sarah been working for in the last seven years? [04:31] Acquisition channels that big companies are using to scale their inventory [05:57] What Sarah’s role as the regional vice president of property management entailed [08:23] Sarah’s beliefs on the simplified management company [10:01] Sarah’s thoughts on what makes a good property management firm [11:50] Did Sarah's previous companies have a geographical preference? [14:53] How to reduce vacancy and maintenance [17:19] Importance of great communication [19:49] Setting expectations [21:07] What attracted Sarah to SPD? [22:24] Sarah’s focus for the next 90 days Magical Quotes from the Episode: “Planning starts at the point of acquisition.” “Self-touring boxes are amazing. It allows one leasing agent to show unlimited homes at the same time, credible scalability, but they don’t sell themselves, they attract someone themselves.” “There’s reasons why homes don’t lease. If your product is right, then it’s something else.” “Integrity, transparency and communication can take an organization a really long way.” “You can’t fix something until you know what’s actually broken.”
2/17/22 • 26:35
Creativity can bring a new look to a house and even bring up its value. In this episode, I have Eric Drake joining me on the show. He is a contractor with a very artistic eye. Working with Eric is one of the best things that has happened to me. I have seen how creativity can transform a home without breaking a bank. Eric insists that you need to consider time, budget, and quality of the output when doing any renovation. In this episode, Eric will take us through some of his favorite projects, advise on things that should worry us the least when remodeling a house, questions to ask when hiring a contractor, among other things. If you have a home or homes that needs remodeling, it would be best to listen to this episode. Key Talking Points of the Episode: [01:13] Eric’s background in contracting [02:47] The first house that Eric and I did [03:16] Eric’s experience working with SPD [04:09] Eric’s favorite projects [12:15]When flipping a house, which parts of the house shouldn’t worry you, especially when it comes to flipping? [15:02]Questions that people should ask when hiring a contractor to remodel the kitchen and bathroom in their personal home [17:41] What gets Eric motivated? [23:09] One of the craziest mistakes that Eric has made [25:24]People that Eric would like to spend time with Quotes from the Episode: “You take everybody’s knowledge and put it in one lump sum and make fine tune that’s smooth.” “Every house I do. I’m going to pretend that my kid both my kids are going to live there.” “Anything can be done. It’s just a matter of, picking your battles.” “Every good idea is grown from another idea.”
2/4/22 • 28:47
Imagine buying a property at $9.6 million and selling it at $19.6 million three years later. Isn’t this the perfect testimony that buying and hold is the way to go in real estate? In this episode, I have Corey Peterson joining me on the show. He is the king of multifamily home syndications. He’s an author, podcast host, mastermind host, and coach. Corey has learned how to create both financial freedom and time freedom. Corey and I met in a mastermind, and now we are doing business together.
1/28/22 • 45:54
Have you wanted to grow your portfolio, but you have no idea where to begin? This episode is for you! Dr. Andy Baber will be sharing his real estate journey and how he has grown it over the years. Andy started buying real estate in 2015/2016. He had a few misadventures that became a learning ground for him. Andy will share some of the best lessons throughout the investment period. Also, if you are wondering how best you can deal with debt capital, Andy has some ideas for you.
1/21/22 • 27:53