Accelerated Real Estate Investor

Even if you hire a property management company, you still need to keep an eye on your operations. As the owner of the Ohio Landlord Association, I talk to a lot of landlords about how to maximize their investments. My 6 Dos and 6 Don’ts for property management will protect you from being surprised by a failing apartment building.

Data beats guts all day, says Neal Bawa from Multi-Family University. As the reigning mad scientist of multi-family, Neal uses data to predict trends and make safe secure investments. Your gut feeling may tell you to invest in your backyard, but does your city have the fundamentals in place to weather a recession?

When you’ve finally decided to scale up, what position should you hire for first? The first crucial hire sets the stage for the next, and then the next until you’ve got a team that can run smoothly without your oversight. Lee Kearney has built up a team that can run without him, and he tested it when he was diagnosed with COVID-19 this spring. Since then, he and his team have had to pivot and prep...

Finding the perfect multi-family deal takes some time, a little bit of homework, and a lot of elbow grease. Remodeling without a reliable contractor could be a disaster that destroys your deal and causes your investors to run far away from you. Multi-family investor and contractor Jorge Abreu straddles both of these worlds, and he has some great advice to help you find the right contractor and mak...

Filling up your day with tons of tasks doesn’t leave you with enough time to think those “big picture” thoughts. Stop telling yourself that no one can do the task like you can, and clear off your to-do list by outsourcing your tasks. Genecia Alluora from Soul Rich Woman teaches women entrepreneurs how to get into a zone of genius and today she talks with me about how business leaders can amplify t...

Once you hear Tenny Tolofari’s story, you’ll be inspired to put away your excuses and get to work building your real estate business. With a focus on relationship building, Tenny and his partner Leslie have acquired hundreds of units in just a little over a year. And instead of slowing down in the pandemic, Tenny’s unique perspective has allowed him to pause, reflect, and face this new challenge h...

In this second part of my conversation with Buckingham attorneys Richard, Nate, and David, we talk about the impact of COVID-19 on bankruptcies, commercial real estate, and court cases. Because of their work with insolvency, the attorneys have some great ideas on how to restructure a business or a contract to protect assets, and where you can look to expand your real estate portfolio.

A lot of the initial conversations about the PPP Loan had to do with employee benefits. As we’ve moved further along in the crisis, that conversation has shifted. For an insider’s perspective on how the PPP loan can help companies beyond payroll, I talk with attorneys from Buckingham, a law firm based here in Ohio.

Move beyond land flipping into creating mailbox money. Mark Podolsky’s unique approach to investing in raw, rural land yields a consistent stream of income. In addition to not dealing with tenants, rodents, or evictions, investing in raw land means you can go anywhere in the country and run your business from your home office. Don’t miss Mark’s offer just for our listeners at the end of the podcas...

When someone defaults on a housing loan, who still wins in that scenario? Figuring out how to win in every scenario is a big part of Bob Fraser’s investment strategy, and that’s why he buys mortgage notes. With more than a few recessions under his belt, Bob has seasoned advice for real estate investors on how to maneuver through the COVID-19 recovery.

Being resourceful is one of the top characteristics of a successful entrepreneur. On his way to building micro-units, Scott Choppin from Urban Pacific found instead a building model that fits in an unrealized niche. Pivoting to address this undersupply, Scott’s been able to keep his company busy even as projects across California have slowed down.

Institutional loans have come to a screeching halt while banks wait for a sign of the direction this economy is going to go in. Even crowdfunding platforms have slowed down as it seems like everyone’s holding their breath. There are going to be some amazing deals on the marketplace in the next six to eighteen months, but your ability to access private money is going to be crucial to your success.

Everyone’s got an opinion about which way the market’s going to go, so I turned to Daren Blomquist, the vice president of market economics from Auction.com, for some hard data. The trends in the housing market for the first quarter are surprising, but also rapidly changing. Daren and I talk about some of the pressures on the current market and make some predictions as to how the pandemic could imp...

You’re going to hear a lot of misleading terms that supposedly demonstrate where the housing market is going in the next year. I set the record straight today about what home sale units really reflect, and what you should actually focus your attention on.

One of the key parts of a joint venture is giving the investors an accurate and honest picture of their investment. Jack Petrick and I show how we talk to our investors about some apartments we bought with them last year. We walk them through the plan we had, and we address the concerns we know they’ll have about the impact of the Coronavirus on occupancy rates.

Let more potential investors get to know you without filling up every appointment on your calendar. Digital marketing can help you find your perfect investor who is pre-qualified to invest with you before you even pick up the phone to talk with them. Dr. Gower from the Gower Crowd talks about what digital marketing looks like for real estate investing, and how you can build a better funnel for you...

How you frame the opportunities in the real estate market right now is incredibly important because your mindset is going to determine whether you run toward those opportunities or hide from them. Rod Khleif and I talk about how the impact of the Coronavirus is different from 2008, and how educating yourself, networking, and feeling gratitude can reorient yourself for the market shift that’s comin...

Even in these unprecedented times, there are still some rules and laws that protect landlords’ investments. The CARES Act directly impacts real estate and small businesses, so I talk with my personal real estate lawyer David Streeter about the protections being written into the law to protect and preserve the relationships between tenants, landlords, and banks.

Wearing the two hats of Realtor and real estate investor is paying off for many of the brokers in Travis Tomlinson’s real estate office. He talks about some of the benefits and limitations of this arrangement, and why he recommends it for all of his new agents. He describes his “driving for dollars” marketing strategy, and the results it’s yielding for him.

For a top-down industry-wide perspective, I talk with Christian Olin from OnQ Financial about whether he’s seeing any of the same signs of weaknesses in the housing market now that we saw in 2006. We talk about the differences between the two markets, and he has some encouraging advice for investors to help them weather anything coming our way in the next few years.

Building a business that you love and building a business that lasts are two things that really can go together. Gary Stouffer from Stouffer Realty shares his 41 years of experience with me about how he’s built a business that he still enjoys working at, and why the riches really are in the niches.

What you do, what you look like, and what you sell don’t actually matter in your business. By focusing on the customer and making your entire business about meeting the needs of your clients, customers, or buyers, you will become successful. Ryan Moran, author of 12 Months to $1 Million, has worked with hundreds of entrepreneurs in a wide variety of businesses, and he shares with me the fundamenta...

On this 100th episode, I thought it would be a great time to talk about big picture thinking with my good friend Kyle Garifo. We step back and look at real estate strategies for the long term, what we wish we’d done sooner in our own businesses, and how we’re preparing for a recession.

When everyone else is running their business one way, it’s time to step out of the box and reverse engineer some solutions that make more sense for you. Marketing, structuring deals, and finding leads all look pretty standard across the industry, but Steve Morris takes a totally new approach and brings a completely new energy to the table.

It’s on the news, it’s talked about in blogs, and it’s all over internet forums. You can’t avoid the quiet whispers that we’re overdue for a recession. So how do you prepare for a market correction? Rob Swanson wants to save you from making the same $30 million mistake he made in the last recession, and he gives solid strategies to protect your real estate portfolio for the next one.