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

This question is on all of our minds lately I bet. it certainly is on my mind.  Everyone keeps mentioning this supposed “New Normal” but what does that mean for real estate investors?  The true meaning depends on your own interpretation of what “normal” is. Let me explain…for me, it’s normal for a seller to accept payments for their equity because I believe it’s the smartest way to sell a property...

There’s no denying that everyone is talking about a market crash if that’s the case…where are these epic deals you might be wondering?  Deals are happening all around you, but you won’t be part of them if you don’t get good at discovering opportunities. Epic deals never get advertised until AFTER they close, that’s because deals are created by a buyer and seller negotiating, not by a Realtor or Wh...

It’s a Perfect Storm... Currently, we are experiencing a global monetary crisis The oil and gas industry is a mess The US is in the middle of a mortgage meltdown... The Stock Market is a train wreck The current number of unemployed people in America is larger than ever before... The catalyst to tip the scales is the Global Covid 19 Pandemic! All of this lends itself to a rough market in real estat...

In this episode I’m going to talk about some of the pitfalls regarding mortgage relief programs that are in play lately.  A term I hear often is “forbearance” which leads some people to believe they are going to not have to worry about paying their mortgage...this is FALSE. A forbearance is defined by Google as “the action of refraining from exercising a legal right, especially enforcing the payme...

Below is a link for you to get access to the stimulus package documentation on the Congress website. After getting caught in the Google Black Hole myself I figured this way was easier. That link is: CashFlowGuys.com/Bailout I'm sure you have noticed the misinformation out there about what is going on in the world right now. For Pandemic guidance, follow the World Health Organization and CDC. For m...

WOW oh WOW Ladies and gents, please take a minute to read THIS: Written by Barry Habib, a very well respected economist in the mortgage industry. The direct link to his article is: https://mbshighway.com/mortgage-crisis.html The Coronavirus Meltdown The current Coronavirus crisis is having a critical impact on the Mortgage Industry, which could potentially make the 2008 financial crisis pale in co...

This week we are going to talk about how to avoid taking losses based on recent events. Stock Investors...Losses come from only two events, the sale of a stock or the permanent closure of the business in which you own stock If you are invested in companies that have solid histories the stock prices will rebound once consumer confidence is restored. If you are a buy and hold real estate investor do...

Today, we are going to learn about the different types of appreciation and how you can split the profits. Raising private money becomes much easier when your financial friends get more choices. There are five types of appreciation: Found, Forced, Phased, Inflated, Passive I dive deeper into how to use these in my Private Money Crash Course which you can find at PrivateMoneyCrashCourse.com It’s imp...

Today is going to be a private money crash course, in fact I have a ton of info to share so I am going to break this up over a couple of episodes. This week I made a post in the Cash Flow Guys Community Facebook page asking people to share with me the hurdles they were struggling with when it came to raising private money. The post received several great responses which inspired this episode. Belo...

It comes as no surprise that sometimes sellers (and their agents) get offended when we make offers on properties listed for sale.  In this episode I will discuss how we can learn to make offers on investment property without offending the seller. In the beginning I would refuse to make offers in fear of upsetting the seller or their agent.  I looked at lots of properties but spun my wheels when it...

Society, as it pertains to real estate investors, has lied to us. We have been suckered into believing that a property that is for sale can be “off-market” and therefore supposedly a “good deal” Let’s apply some good old fashioned logic to this. If more than one person in a given market knows that a property is for sale, it’s “On Market” regardless who controls the transaction An off-market proper...

In this episode, I track down my good friend Chris Krimitsos to discuss his groundbreaking book “Start Ugly” which you can find at CashFlowGuys.com/StartUgly This episode is quite different from any other episode I have done before, because... I “started ugly” as Chris likes to say.  Starting ugly for this episode all began with a phone call, with no expectation of an answer or any idea of the con...

I hear this often…”there are no deals in my market”  I call BS on that statement.  There are no deals for You because you are not doing the work to create them.  That is because you don’t have enough leads or the wrong leads.  How to you get in front of more people?  You search for problems and you convert those problems into opportunities by offering sellers a solution (instead of 75% of ARV minu...

In this episode, I dive into the summary of this series on the questions we need to be asking every seller and likely don’t.  When I ask “Is there anything else I should know about this property” I often pick up more tidbits I can use to build out an offer that will get my seller to say yes.  The reason they say yes is that they know I care about their situation and know that my offer isn’t a gues...

Any idea what the seller will do with the proceeds of the sale?  This question I guarantee that 99.999% of buyers never ask.  Why? Because if you are the type of person who is always trying to predict what will happen next it can be terrifying to ask. In this episode, I give you many reasons and methods of how to ask this question in ways that make it easy for the seller to answer.  Knowing what t...

In this week’s episode, we continue discussing the top 23 questions that you should be asking every seller.  Why a seller is selling can provide clues into the level of motivation a seller has.  By being able to gauge the seller’s motivation you can better access how to negotiate (or if you should even bother negotiating ) a great deal. I am a huge believer in win/win or no deal as a mantra, the o...

In this episode, I continue my series on the top questions that we need to ask but rarely do.  Starting right out of the gate we arrive at repairs which is by far my favorite method for phantom negotiating a great deal. Phantom negotiating is the term I use to describe the use of psychology to impact how someone views something.  In this instance, when I engage the seller or Broker in conversation...

This week we continue down the list of the 23 questions we must get the answers to.  Being a P.IG. is something to aspire to.  By this, I mean Professional Information Gatherer, someone who is really good at getting the facts needed to properly underwrite a deal.  As our friend Larry Harbolt says, “the good Lord gave us two ears and one mouth for a reason” which means less talking and more listeni...

In this episode, we discuss the details of the primary 23 questions we need to know about every property that we consider buying.  “How,” you ask these questions will have a big impact on the answers you receive.  To make deals with sellers that make sense, we must be solving a problem which is why this process is so important.   As the saying goes, “We Get More Bees with Honey” it’s important to...

Ok, I’ll be the first to admit when I am wrong, and THIS Time I was wrong, I am speaking about direct mail.  The reason I have not been a huge fan of this method of marketing is that it’s generally the least effective form of marketing I see.  Although it does work to some degree, the “acceptable” engagement rates are lackluster at best. Word on the street is that an acceptable response rate on di...

This week we are going to have a conversation about how to make that first $100 in recurring revenue.  You might be wondering why I picked such a “low” number considering that for many, the magic number to escape the rat race seems to be $10k a month. As you can imagine, it takes lots of $100 bills to make $10,000, in fact, it takes one hundred of them every month to add up to $10,000.  That sure...

This week I will keep the show notes short because the episode was long but TOTALLY worth it!  In this episode, I speak with Andy Gurczak of All-City Adjusting which is a Public Adjuster firm I have worked with in the past regarding insurance claims on my apartment buildings and investment houses. Andy brings TRUCKLOADS of value (skip them nuggets, we’re talking TONS) to this episode in more ways...

Everyone wants to get deals and raise money, however, I am of the belief that few are willing to innovate in order to accomplish that.  By innovate I mean to take specific steps to stand out from the rest in your market.  We are surrounded by marketing messages everywhere we look, as the saying goes...Innovate or Die! In this episode, we will discuss the real estate investor’s biggest waste of mon...

How do I know if you have a good deal or not?  This is one of the most popular questions I had when I was getting started as a real estate investor.  Looking back at the deals I have done (both good and bad); I now realize that the answer to the original question was staring me in the face. This week I discuss how I came to this realization and how I have used this realization to become a better i...