Rental Property Owner & Real Estate Investor Podcast

Many investors are struggling to find deals in this tight real estate market, and ending up increasingly frustrated by the lack of inventory and high asking prices they're encountering in the Primary market in which these properties are traded. But there is a Secondary market in which these properties can be acquired for a fraction of their value by purchasing the note, or underlying mortgage. Gen...

Abandoned and Dilapidated for the past ten years, it was a two-unit property that no investor wanted anything to do with.  I would drive by and wonder when the city would get around to tearing it down. And then, Mike VanderWoude came along. Mike is a broker at 616 Places, and he saw something that no one else did.  He saw money. Today, Mike takes us step-by-step through the acquisition and rehab o...

Bert Heyboer, President of S&G Property Management Company, has been investing in & managing rental properties since 2003.  Today he shares his stories from the trenches, including the Most Evil Woman on Earth, the Cat Woman, and difficult conversations with tenants who can't pay their rent. Bert also shares his expert advice on how to get started in owning rental property, managing your cashflow...

If you're a buyer or seller of apartment communities in the Michigan and Ohio area, chances are you've talked to Al Beachum, an associate broker with Income Property Organization. Al was recently named a 2016 Costar Power Broker with 47 commercial apartment transactions in 2016.  Since 2007 Al has brokered over 230 multifamily properties worth over a half-billion dollars. Today Al and I discuss hi...

When it comes to Real Estate Investing, Marty Green has had a wild ride.  He made millions of dollars Rehabbing and Flipping Houses, and then lost it all during the Great Recession.  After licking his wounds for about a week, he decided to start his own property management company, and in the process has flipped the traditional property management style upside down. Today Marty discusses how he to...

Because you Demanded it!  Justin Workman & Rob Minch are back in the studio today to answer more questions from our listeners: How much money should you set aside for maintenance & capital expenses? What repairs should you know how to do yourself v.s. what should you hire someone to do? How do you avoid evictions? Who do you need on your team to make the lender happy? Resources for improving your...

In 2012 Lonnie Shields and his wife were driving down the Beltline when their lives changed forever in an auto accident.  Today Lonnie & I talk about that accident, and the role real estate investing has played on their road to recovery. Lonnie shares his thought process in determining to sell off his small Multifamilies in Grand Rapids and invest in Single-Family Homes in a new, less expensive ma...

Benjamin Mcclellan grew up with eight brothers & sisters, few material possessions, and even less money.  Many of his meals consisted of rice, beans, and popcorn.  But his parents instilled in him a strong work ethic and a lifelong passion for learning. That passion has led Benjamin to invest in 14 Buy & Hold Rentals, as well as 3 Flips in the Grand Rapids area.  He's also done what I'd call "Extr...

Should you be forced to allow residents to smoke medical marijuana in your properties?  Are you concerned about Rent Control Laws affecting your bottom line?  Who should pay the cost of getting rid of Bed Bugs?  Is it your responsibility to make sure your residents are registered to vote? Who is helping to shape the legislation that answers these questions? The Rental Property Owners Association (...

A year ago Cameron & Emily Walker, in their own words, 'knew nothing' about buying rental property and real estate investing. Cut to today's conversation where they share how they came across the concept of House Hacking, located & purchased a duplex, and are now living in one unit and using the rent from the other unit to pay their bills. It wasn't an easy learning experience, and Cameron & Emily...

As a syndicator in large apartment investments, I've certainly spent a lot of time and effort raising money from private investors. "Magnetic Capital: How to Raise All the Money You Need for ANY Worthy Venture" is a book that I wish I'd had when I was just starting out. Victor J. Menasce, the author, joins me today to share the secrets he's learned about raising Other People's Money.  We'll discus...

Brad Tacia and Mark Yuschak both come from a successful background in the corporate world, and they've each had their share of real estate success.  So it made a lot of sense for them to partner up, and doing so has had enormous benefits. Today Brad and Mark discuss the two deals they've done together - a 23 unit community in Fowlerville, and a 63 unit Senior Housing Property in Lansing, Michigan....

I first met today's guest, Jordan Anderson, at a Multi-Family Bootcamp several years ago when he had just purchased two-four units in Philadelphia. Today we discuss what Jordan learned at that bootcamp about multi-family, his successful flipping business, and a triplex he purchased recently with vacant commercial space. Jordan also shares what happens when you don't listen to your mentor, the cont...

For the first time ever on the podcast we answer questions posed by our listeners. I've invited Rob Minch and Justin Workman back into the studio to help me answer many important questions... "Should I pay $25,000 for Coaching and Training?" "I hired a new property management company and my occupancy dropped to 83%.  Did I make a mistake?" "Should I do a cash-out refinance and pull out over $200,0...

In the span of three years, Mike Cowper has grown his wholesaling business to become one of the largest in the Eastern Michigan Tri-State area.  Mike and his partner do 20 deals a month by marketing to homeowner/sellers and assigning the contracts to investors of all specialties. Mike did not achieve this success by accident, and he's happy to share how he systematically and deliberately went abou...

Whether you love or hate those HGTV shows on Rehabbing and Flipping, you're going to really enjoy today's conversation. Ramon Huerta and Jeremy Cole host a 'Property Krawl' every month in Kalamazoo, Michigan, where they invite all levels of investors to accompany them on a tour of properties that are ripe for rehabbing, flipping, and buy & hold investing.  Ramon is a realtor/investor, and he choos...

Joe Delia is the Lead Agent & Owner of The Delia Group, a Keller Williams agency ranked in the top 10 in the state of Michigan with over $65 million in sales last year. Joe comes from an entrepreneurial background that helped him thrive during the Great Recession.  Joe shares his many adventures in real estate; His experience with Trump University, Flipping & Rehabbing homes in Las Vegas & Phoenix...

The RPOA's House Hacking Expert Panel from the Annual Conference was so popular that we decided to record it and make it into a podcast episode. If you've ever wondered what House Hacking is all about, or why it makes sense, this is the episode you don't want to miss.  Our expert panel will talk you through every step: how to find the right property, how to secure financing & renovation loans, and...

With over 20 years of experience buying, managing, and profiting from Single Family and Apartment rentals, Steve Ferris has certainly had his share of up's & downs. Today Steve shares the lessons he's learned about hiring professional management, flipping his first house, creative financing and lines of credit, and why buying a bargain does not always lead to big profits. Steve is a Single Family...

Real Estate Investing offers one of the greatest paths to long-term wealth.  However, one of the most important components of building that long-term wealth is often overlooked, or approached with dread & fear.  Of course, I'm talking about taxes. Today, in an effort to get past that fear & confusion, we delve into the tax benefits and reporting methods of real estate investing with Duane Culver,...

Twenty years ago, Jeff Wilson attended a free Robert Allen Seminar and shortly after purchased his first Single Family Rental Property for $10,000.  That successful investment was the beginning of a portfolio that would take him from Cleveland to Grand Rapids, through boom and bust, and ultimately to a point where he is preparing his properties to see him through retirement. Jeff and I discuss the...

If you've ever wondered what it takes to acquire a 40-unit apartment community, then you don't want to miss hearing Josh Sterling take you through the process step-by-step. You might recognize Josh from Episodes 33 & 34 where he discussed his Buy & Hold portfolio in Single Family, Multifamily & Apartment rentals.  Josh is also the owner of Epic Property Management near Detroit, Michigan.  Josh rec...

Brad Sumrok is the #1 nationally known educator and mentor for multifamily investing in the country, and today he's going to tell us how he helps people retire in just 3-8 short years by investing in Apartment Complexes. Brad spent 17 years in the corporate world and he shares with us how his first several multi-families allowed him to leave that world for good.  Brad and I discuss Robert Kiyosaki...

35 years ago, Jeffrey Taylor and his wife became accidental landlords.  But they had no way of knowing that long ago, that the mistakes they were making and the challenges they were facing, would someday go on to inspire tens-of-thousands of real estate investors and landlords across the country. Today you will find out how Jeffrey Taylor transitioned from being a full-time school teacher into Mr....

Often times in Real Estate, it can be the little things that differentiate your property from the competition.  For Joshua Schaub, it was being located on the right bus line that fueled his early investment success. In our conversation today, Joshua and I discuss his portfolio of High-End Student Housing, and his criteria and strategies for locating, acquiring, rehabbing and managing them for maxi...