Cash Flow Guys | Real Estate Investing & Cashflow Ideas - Inspired by Robert Kiyosaki / Rich Dad Poor Dad

Like many Americans, my mailbox and voicemail box is cluttered by multiple sales offers to install solar on my properties. First, let me say I love the concept of solar energy, in fact, I have solar panels and a large battery bank installed on our motor home which allows us to remain unplugged as we travel the country. I was originally intrigued by the concept of solar on my sticks and bricks prop...

Interesting legislation is being proposed in Philly… First, Allan Domb is a Realtor and the proposer of this new regulation, big shocker there. This legislation would require a “Wholesaler License” and background check to look for fraud, dishonesty, deceit, or violation of ethics laws.   This means that many wholesalers better change their tactics; clearly, there have been some antics happening in...

Real estate markets are on fire in many if not all, cities in the US right now.  When markets get white-hot, investors start rushing things and cutting corners to speed up the selling process. Before we get too ahead of ourselves, let’s review a few tips to make your renovation projects go smoother and avoid headaches. First, Always use licensed contractors and be sure they have good reviews and l...

You’re excited, you sold your first property...there you are at the closing table spending that check you are about to be handed...then...POOF! No Check! Why no check?  Because you failed to be sure the buyer was qualified to buy the property you were under contract to sell. Failed closings happen every single business day all across America even though this is an easy to solve the problem. Someti...

Bay Lake Properties Tomahawk Properties Latin American Development & Management  RETLAW (Retlaw backward is Walter) Reedy Creek Ranch Lands was run by a guy named M.T. Lott (say the name quickly to get the joke) In 1955 Walt Disney has learned a powerful lesson upon the opening of Disneyland in Anaheim, CA by not buying a large enough parcel of land to build his theme park.  By the time he realize...

This 2020 and 2021 could very easily wipe out many Americans financially.  The good news is that you can choose to avoid getting wiped out. Our inner voice will warn us of bad things happening in the future if we allow it to.  For that to happen we need to be listening. Many investors feel pressure to get a deal done.  Many will overextend themselves financially, usually by overspending or under e...

For many, buying a property with non-paying tenants or squatters residing there would be a red flag. I see such a situation as a huge opportunity to negotiate a great deal. Landlords that have non paying tenants are most often in deep financial trouble if they have a loan payment to make every month.  This is because most landlords only see a few hundred dollars of profit per unit because the rest...

Boy oh boy do I have news for YOU! This week the CDC (Center for Disease Control) issued a nationwide ban on evictions that is estimated to last until December 31st, 2020.  When I first heard about this I thought it was some sort of hoax because last time I checked, housing was not part of CDC’s focus. To go directly to the order to read it yourself go to: http://cashflowguys.com/cdc The CDC Evict...

In last week’s episode, we discussed the most common misconception believed by wholesalers. For those that missed it You Don’t Need a Cash Buyer to Wholesale Real Estate. This week, we will discuss another popular misconception that involves licensed Realtors. Some Realtors tend to believe that much of what investors do is somehow shady or illegal.  In my own experience, I have had at least two do...

One of the most popular myths I hear in real estate is that wholesalers need cash buyers to complete a deal.  While I must admit, closing a transaction with all cash is undoubtedly quicker in most cases, the reality is that many super-profitable transactions get ignored simply because the buyer is not using cash. In most cases, it’s the disclosure of the wholesaler’s fee that brings forth this fal...

In this episode, I discuss the one secret to success in wholesaling.  You might think its some new shiny software widget, or perhaps some super-secret wording on a postcard, but it’s even simpler than that...   I see lots of wholesalers advertising properties for sale, in some states, they are asking for grief from the authorities.  You see, in most areas, only a Licensed Real Estate Salesperson m...

In this episode, I am going to cover a topic never before discussed on this podcast.  Before I go any farther I want to begin by stating that nothing contained in this episode should be considered investment advice.  I am NOT an expert in precious metal investing, therefore you should conduct your own independent research before considering any financial investment. There, with that said, let’s di...

What’s pig you might ask?     Great question! a P.I.G is an acronym that stands for Professional Information Gatherer.    It was way back in 2012 when I first heard the term and decided that I was going to learn more about getting good at getting information.   Wondering if a seller will say yes or no is indeed an uncomfortable feeling.  The fear of being rejected is what keeps many buyers from ev...

Chasing deals is common, everyone does it from time to time, some far more than others. Those that stick with a winning strategy win, those that don’t, won’t. 100% of the truly financially free people I know got there by using the resources of others to help them to the finish line. Banks won’t allow you to get there quickly because they are in the business of making money when you buy (institutio...

Prove it, Yep, it means what it says.  Before you close on any deal be 100% sure that the info you used to base your buy decision on is accurate.  I am willing to bet that the seller, broker, or wholesaler embellished on some of the info you believe to be true. Before you do any deal, prove the numbers by common sense due diligence. This does not mean trusting the Realtor or wholesaler that is pre...

In this episode, I discuss the ten skills required to crush it in your marketplace.  These skills are well laid out in the famous book “Think and Grow Rich” from Napolean Hill.  When building a business, someone needs to assume the leadership role and real estate is no different.  In fact, not having a clearly defined, a qualified leader can bankrupt a company in short order.  As you might imagine...

In the famous book Think and Grow Rich by Napoleon Hill, “Organized Planning” is a chapter of which we will cover today.  I want to specifically address the subsection titled “Planning the Sale of Services. Believe it or not, as a real estate investor you earn based on the sale of ideas and services, not so much the buying, selling, or renting of real estate.  It’s not about the transaction, it’s...

In episode 235 I talked about the fact that the Great Escape was closer than you think.  If you have not yet listened to that episode please go listen to that episode before you listen to this one. A listener responded to that episode via a YouTube comment saying: “The flip side to your argument is that most of us don't want to just be "free". I don't make 10k a month now. But for me to be able to...

I bet for some of you the name of this episode caught your attention...after all, everyone wants to know when that magical day will happen. Sorry to disappoint you, but we will not know when the market reaches the bottom until after it is in recovery. The better question is, why does finding the bottom of a market cycle matter to you?  Do you honestly believe there are more “deals” in this magical...

In this episode, I am going to discuss the power of leveraging a group to help you build your portfolio. The idea for this episode was born from seeing a long line of identical cars rolling down US-1 last weekend in the Florida Keys.  The cars were Nissan GTR’s that I later learned can cost upwards of $100,000 more to acquire, even if when used.  The sight of all those cars got me thinking...what...

What is your escape number?  What I mean is... what number will it take for you to be financially free.  For me, that means that you have enough coming in from non-employment income consistently to cover your monthly living expenses.   Everyone seems to think its $10k a month...that’s what most people tell me.  I am willing to bet your number is lower than you might think.  When Jill and I set a g...

In this week’s episode, I am changing things up a bit by doing something we have never done before.  I will be sharing (with permission) a chapter from Russell Brunson’s new book Traffic Secrets. You can pickup a free copy (just pay shipping) here: CashFlowGuys.com/TrafficSecrets What do I mean by traffic?  Traffic means driving people’s attention to your sales funnel so that you can offer them yo...

This week I am going to talk about the top 7 most popular mistakes we can make when buying an investment property.  Peer pressure often forces otherwise logical people to make illogical decisions that are quite common in the real estate space. Sellers, Wholesalers, and Realtors tend to paint an unrealistically rosy picture of how profitable the investment will be. Maybe you don’t want to disappoin...

When buyers and sellers get nervous, believe it or not, properties get sold!    Here’s how…   Sellers are suddenly accepting lower offers in fear of getting caught short by a market shift.  They are seeing that in some circles, the belief is that fewer people are buying due to fear caused by the pandemic and the massive spike in unemployment.  The uncertainly can keep many potential buyers on the...

This week I want to talk to you about what will most likely prove to be the most important topic of this year…. Let’s talk about you retiring someday...or not. This means we need to learn a little bit about Social Security and how the system works.  First, Social Security payments come mostly from two primary “trust funds”.  One is called the OASI which stands for Old Age and Survivors Insurance,...