Collecting Keys - Real Estate Investing Podcast

What did you think of todays show?? Collecting Keys Podcast Episode 50 Imagine being able to invest in properties and create a diversified portfolio where your mortgage and living expenses are paid for by the rent paid on each property. It is essentially passive income, and sounds like a dream.  This dream is possible, and there are many that are getting involved in creating wealth through buying...

What did you think of todays show?? In this Friday Focus, Dan takes the drivers seat and dives into his thoughts on Real Estate Cash Flow, and how so many influencers, wholesalers, and other investors are mislead others (or are misled themselves) on how much money they are ACTUALLY making.  He dives into a real deal that is in our portfolio and goes over how to find your real cash flow to make sur...

What did you think of todays show?? There’s always someone looking to sell their property. Some of them might not have thought of it until you’ve presented it to them. It’s up to you to reach out, find leads, and close good deals with different marketing strategies. In this episode of Collecting Keys Podcast, we’ll talk about the power of direct mail marketing in finding good deals. Make the most...

What did you think of todays show?? In this Friday Focus, Mike talks about one of his favorite concepts in life which is that "You Are The Sum Of The 5 People You Spend The Most Time With". He discusses how this concept had a detrimental effect on him back in his corporate days, but also how he has leveraged this belief to elevate himself and his business by being intentional about who h...

What did you think of todays show?? You’ve got money to invest in a property, you’ve found the perfect one, and now you’re ready to get started on your renovation project. All that’s left is to find a contractor — but that’s easier said than done. It can be tricky to find the right people for the job and keep them on track, but with a little bit of organization, it can be done. In this episode of...

What did you think of todays show?? On this Friday Focus, Investor Man Dan Austin takes the drivers seat and talks about the importance of having buying principles so that when things get weird in the current market. As we have watched other companies both in our local market and nationwide suddenly get squeezed and punished for being complacent with their principles, suddenly the revenue we know...

What did you think of todays show?? As a real estate investor, you know that the key to success is closing deals. But what happens when the market slows down, and buyers are hard to come by? Don't worry — you can still use plenty of creative strategies to close deals and keep the cash flowing. Keep reading for tips on finding buyers and closing deals when the going gets tough. In this episode...

What did you think of todays show?? On this episode of the Collecting Keys Friday Focus, Mike Talks about how they have changed the ways they are making offers while the future of the market remains unpredictable. He talks specifically about how they are changing the ways the analyze and make offers on flips, rentals, and wholesale deals, as well as ways to ensure that you come out on top in case...

What did you think of todays show?? If you’re like most people, you probably think of real estate as a safe investment. And you’re not wrong — but safe investments can get boring after a while. Finding hidden gems in overlooked or undervalued neighborhoods helps you make a profit and adapt to the ever-changing market. In this episode of Collecting Keys Podcast, we discuss how you can create opport...

What did you think of todays show?? In this first Focus Friday episode, Mike does a short solo show talking about his thoughts on the best way to approach investing in Real Estate during the upcoming recession. Mike has 5 things that he suggests people focus on going into this recessionary period: 1) Focus On Building Your Network to Identify Key Players 2) Be smart with your finances and get liqu...

What did you think of todays show?? Branding is crucial in real estate. To be a successful investor, you’ll need to create a name and image that is instantly recognizable and synonymous with high-quality investments. But how do you go about doing that? And how do you make sure your brand stays strong? In this episode of Collecting Keys Podcast, we discuss how you can establish a strong, effective...

What did you think of todays show?? Running a business is hard work. Many business owners are always looking for ways to boost their business and make things a little bit easier on themselves. One way to do that is by hiring virtual assistants. In this episode of Collecting Keys Podcast, we discuss our tips on hiring effective virtual assistants that can help you elevate your business. Here are so...

What did you think of todays show?? Troublesome tenants could cause issues with neighbors, landlords, and expensive evictions. Tenant horror stories are everywhere, but they can be avoided with the right screening process. In this episode of Collecting Keys Podcast, we discuss our tips on how to screen your tenants and make sure you get the best ones. We also share our thoughts on the current real...

What did you think of todays show?? It’s vital to maintain a healthy pipeline of leads. After all, you’ll want to be prepared when a lull or fluctuation in the real estate market threatens to stop your momentum. But finding leads is the easier part of the process — finding the motivated leads and pursuing them might give you a more challenging time. In this episode of Collecting Keys Podcast, we s...

What did you think of todays show?? Nobody enjoys dealing with irrational sellers. But here are the facts: not every transaction is going to be easy, and the process of closing deals requires patience and persistence. Since there are many difficult sellers, you have to brush up on your people skills and learn how to handle them. In this episode of Collecting Keys Podcast, we share our tips on how...

What did you think of todays show?? If you’re just getting started, you may not realize it, but as your business grows, so will your taxes — and they can be a big hit to your revenue. This is why it’s so important to minimize your tax liabilities. In this episode of Collecting Keys Podcast, we share our tips on how to hack the system and pay as few taxes as possible while accumulating as many asse...

What did you think of todays show?? In the real estate industry, interacting with other people is a non-negotiable. You need to build a connection with others and establish relationships to bring your business to the next level. But for that to happen, you need to start by finding the right people. In this episode of Collecting Keys Podcast, we share our tips on how to find the right people — both...

What did you think of todays show?? There are many ways to gain find sellers — and cold calling is just one of them. But if you don’t know how to build trust and communicate with people, your lead is likely to go cold. In this episode of Collecting Keys Podcast, we discuss our opinions on cold calling and whether it’s an effective strategy to get leads. We also share our tips for cold calling so y...

What did you think of todays show?? Estimating renovation costs on a property isn’t as hard as many people make it out to be. But if you don’t go about it the right way, that’s when you can find yourself in trouble. In this episode of Collecting Keys Podcast, Mike opens talking about a recent trip to Miami for a GoBundance mastermind. In the educational section, we share our tips and tricks on how...

What did you think of todays show?? The housing market is a complex system affected by various factors. If you don't understand these factors and their effects, you can't make informed choices and ensure financial security. In this episode of Collecting Keys Podcast, we discuss the current housing market: its current state, predicting its future, and how to take advantage of it. Here are...

What did you think of todays show?? What’s the best way to fund an off-market deal? Many of us stick to taking out loans, whether long-term loans or hard money loans, for our funding. What we fail to realize is that, with the constant fluctuations in loan rates, it’s much safer to diversify our options. In this episode of Collecting Keys Podcast, we talk about the importance of keeping other avenu...

What did you think of todays show?? Is driving for dollars truly an effective strategy for acquiring deals? You might have been told that driving for dollars is a great way to collect lists and acquire deals. It’s simple, easy, and doesn’t cost much at all — sounds like a great strategy, doesn’t it? But the truth is, it’s probably not the best use of your time. In this episode of Collecting Keys P...

What did you think of todays show?? Do you ever wonder whether or not your team is enough for your business? Maybe you think that you can do almost everything for your business. Juggling tasks may be easy for you, but is it the most efficient way to do things? You may think that you can do it all, but the truth is, you shouldn't be wearing all the hats. There are jobs where people other than...

What did you think of todays show?? Do you have trouble dealing with tenants? Maybe you feel guilty having to evict people? Or it could be that you don’t know the approach to take without looking like the bad guy. Whatever the reason is, knowing how to deal with people, be it tenants or buyers, is an integral part of real estate investing. In this episode of Collecting Keys Podcast, we talk about...

What did you think of todays show?? Do you think real estate investing is a gateway to money and success?  Don’t be fooled! Real estate can be a tricky investment if you don’t know what you’re getting into. Many roadblocks can impact your portfolio equity and value. The truth is, real estate investing is both a people business and a long-term investment. If you want to succeed, you need to be pati...