Rental Property Owner & Real Estate Investor Podcast

Welcome to our Special Halloween Edition with all new stories about Haunted Houses, Apparitions, Paranormal Experiences, and the Roommates Who Don't Pay Rent, and Can't Be Evicted. We did something similar 3 years ago on EP#94 and it was one of my favorite all-time episodes.  Today we go even deeper into paranormal phenomenon and I know you're going to love this incredibly thrilling episode! I rec...

Hello & welcome to episode 250.  We've reached the quarter-century mark and I thought I'd do things a little differently to celebrate this milestone.  We're not going to have a guest today, I'm just going to spend a little time talking with you about the show: giving you a behind-the-scenes peek at how we put it together, answering some of your questions and feedback, and sharing the systems, tech...

When you live in a high cost area such as the San Francisco Bay community, you have to apply some serious out-of-the-box thinking to achieve profit in real estate investing.  Over the last six years, today's guest has taken over 50 multifamily units from negative to high cash flow positions using the traditional BRRRR model as well as fix & flips.  She's also figured out a way to double her money...

Today we're going to talk to someone who has achieved huge success investing in commercial multifamily and apartments.  Recently he's grown his company's portfolio from 2,500 units owned & operated to over 6,200 units.  He's raised money from both institutional and individual investors through syndications and closed-end asset funds. John Azar is an Executive Vice President and Managing Member of...

You may remember a podcast conversation I had with UK investor Susannah Cole several months ago where she shared the HMO concept – Homes of Multiple Occupancy.  This is somewhat unique in the United States, but very prevalent in the UK, and it basically is a co-living situation where professionals rent out rooms in a shared house.  I wasn't really aware of this concept in the U.S. outside student...

Investing in Performing or Non-Performing Notes can yield incredibly lucrative results for those who know what they're doing.  But if you are a beginner there will be many pitfalls and challenges you'll need to overcome in order to be successful.  Back in February 2020 at the RPOA Annual Conference we held an expert panel roundtable to discuss best practices and the situations note investors shoul...

I've been an admirer of today's guest ever since I came across his Cash Flow Diary podcast many years ago.  J Massey has raised capital for, and invested in, single-family homes, notes, cell phone towers, commercial real estate and apartments.  And today he's going to tell us about the new path his investing business has taken and why he sees a world of opportunity is short-term rentals. J has bui...

One of the things I'm trying to accomplish during this Coronavirus Pandemic is systematizing and streamlining my business in order to become a leaner and more efficient real estate investor in this new and uncertain economy. One of the ways I'd like to do that, but I don't really understand it or know how to execute on it, is through the use of Virtual Assistants. How do I find the right fit and i...

What does it take to raise OPM "Other People's Money" in order to acquire larger real estate deals than you'd ordinarily be able to do by yourself?  Should you be thinking about raising OPM in order to take your investing business to the Next Level? According to my guest today, it takes a certain type of person to thrive in syndicating and 40% of the people he's seen do their first syndication dea...

Up until early March we were in a booming real estate market with high valuations and a bright economic future.  Now, seemingly overnight, we find ourselves in a new kind of recession and it's hard to see just how it will end and whether real estate will hold its value. One thing I can tell you from my experience going through the last great recession is that there will be incredible opportunities...

My guests today know what it's like to go through a major economic downturn and reposition their business in order to survive and thrive. Jason Roberts and Rachel Schneider owned their own mortgage company when the Great recession hit back in 2008.  Once the market crashed they pivoted to real estate investing and have since closed over 300 transactions.  Many of them were pre-foreclosures, short...

As real estate prices increase, and the supply of new construction fails to keep pace with demand, the need for middle income housing is a steadily rising challenge that many communities are experiencing.  Today we're going to discuss Workforce Housing.  What is it, who benefits from it, and how is it being developed? And here to have this conversation is Scott Choppin, a seasoned real estate deve...

My guest today is a big fan of the Keanu Reeves movie "The Matrix", and he believes that most people really are living in the Matrix and it's his job to help them escape. He does this by teaching them the benefits of multifamily and apartment real estate investing Since leaving a successful corporate America career, Jerome Myers has become a thought leader in the multifamily development space.  Je...

Today's guest is going to talk about 'Time'. Specifically, 'Time Freedom' and how you can achieve it through Real Estate Investing.  He's also going to discuss how you can transition from being an active investor to 100% passive. Travis Watts is a full-time passive investor who has been investing in real estate since 2009.  He's invested in multi-family, single-family and vacation rentals.  He's a...

As real estate values increase, so too does the idea of selling your investment property and taking your profits off the table.  One of the major considerations in doing so however, are the tax consequences.  Many investors choose not to sell because they simply don't want to pay taxes on their long-term gains. There is a way, however, to take those gains and not pay taxes on them by transitioning...

To many people the real estate market may seem unpredictable, and the very real fear of losing money has been a huge psychological hurdle to overcome.  Many investors don't want to be at the mercy of the economy and the banks. My guest today has found a way to circumvent that fear and risk by investing in real estate on His Terms.  Chris Prefontaine is rewriting the rules of real estate and coachi...

One of the highlights of the RPOA's 2020 Annual Conference was the Expert Panel on Short Term Vacation Rentals, and today you get to listen to this Pre-Covid-19 Conversation.  We assembled an incredible group of experts and investors to help us understand the best practices for owning & operating short term vacation rentals, the biggest challenges facing the industry, and why its so important for...

One of the best ways to increase your net operating income and cashflow is to get control over your utility expenses.  Whether it's through improving your existing systems and mechanicals, adding renewable sources such as solar panels, or installing water saving aerators to your faucets, there are many ways you can improve the energy efficiency of your properties. However, this does require an inv...

You're about to hear an incredibly informative conversation I had with Chris Ressa about Commercial Retail investing.  We recorded this on March 11th, just before our country went into lockdown, and as we all know, retail has taken quite a beating over these past months.  What I'd love for you to do is to listen through this conversation to get a detailed understanding of how retail investing work...

One of the asset classes that's expected to hold up well during this Coronavirus Pandemic is Self-Storage.  In fact, it tends to do well no matter how the economy is performing.  Today we're going to take a look at the factors that make Self-Storage so attractive and help you understand how to successfully invest in this sector. And here to take a deep dive into this strategy is Kris Benson, the c...

My guest today made a lifestyle real estate investment in an asset class that most of us can only dream of. He bought an Island!  And he's turning that island into the world's sexiest off-the grid private luxury resort featuring over-water villas, treehouse jungle suites, and the world's first over-water beach on stilts. You may know Dan Behm from his online blog called "Why I bought an Island", a...

Ellis Hammond is my guest today and he began investing in real estate while he was serving as a college pastor in San Diego.  While his goal was to create passive cash flow for his family, he realized that investing in Real Estate could be an incredible resource to help his family and many others achieve financial freedom.  He and his wife invested in a San Diego duplex in 2018 and 9 months later...

My guest today is one of the UK's most successful self-made property investors.  She started her first business at the age of 22 and even then she knew she had an entrepreneurial spirit which could not be constrained by a JOB.  She broke out of the corporate world to follow her dreams and founded the Good Property Company UK which she has been running for over 10 years. Susannah Cole believes anyo...

Many Multifamily & Apartment Investors are looking for opportunities wherever they make sense.  Today's guest found what appeared to be an excellent upside opportunity in Macon, Georgia that he and his partner got under contract, completed due diligence on, raised the equity and sourced the financing.  Everything was all set to close, until something came to light that changed the entire deal. Tod...

Do you know what your financial freedom number is? The answer is the amount of passive income you'd need to achieve in order to cover all of your expenses and replace your job income.  When you ask most people what their financial freedom number is, the most common answer is $10,000 a month in passive income. Well today we're going to talk to someone who has achieved that number.  Ryan Chaw is a s...