Rental Property Owner & Real Estate Investor Podcast

Whether you're just beginning your Real Estate Investing Career, or you've been doing it for a while, I know you'll enjoy my interview today with Courtney Sorrell.  Courtney and her husband became Reluctant Landlords when they had to leave their new house in Portland, Oregon and move across the country to find jobs during the Great Recession.  We'll discuss the lessons she learned during this peri...

Today's episode is going to expand your financial IQ in ways that will help you make more money from your real estate investing. Many of us get so caught up in finding, buying and managing our properties, that we don't pay enough consideration to what happens next.  Every investor needs to have their exit strategy in mind in order to maximize the money we get to keep when we sell. Today's guest is...

Today I talk with Kim Post from Post & Associates Appraisals and Next Door Properties, LLC.  Kim shares stories from her 30 + years of investing in rental property. We talk about her transition from being a full-time teacher to following her passion for construction, real estate & rental property.  Kim prefers to buy her investment property using Land Contracts &/or Seller Financing, and explains...

I know you're going to enjoy my interview today with David Kirchgessner.  Dave is a successful investor and realtor, who also happens to be the lead singer of the popular ska punk band Mustard Plug.  It's Mustard Plug's song "Mr. Smiley" that you hear at the beginning & end of every podcast episode. Dave shares with us how he's been able to create and support his lifestyle through real estate inve...

Two episodes ago Brandon Krieg from Honeybee Homes shared his tips and techniques on Wholesaling for huge profits.  If you haven't heard that episode yet, I highly recommend you give it a listen. This week Brandon has returned to discuss his Fix & Flip secrets to success.  He'll talk about what type of property he looks for, how he runs his numbers, and share stories of deals that were highly prof...

Instead of posting an interview on this Holiday Monday, I thought I'd take this opportunity to talk about a key financial ratio that you'll hear a lot from brokers and investors, but may not completely understand.  I'm referring to the Capitalization Rate, or Cap Rate as its commonly called. This won't be a technical discussion that will make your eyes glaze over.  Instead I'll share with you my s...

Today I'm excited to sit down and talk with Brandon Krieg, an experienced wholesaler who also does fix & flips.  Brandon is the owner of Honeybee Homes, and has a lot of great knowledge and experience to share with our audience. If you've ever considered wholesaling as an investment strategy, or are looking for better techniques to ensure your success, then you won't want to miss Part One of this...

Today I'm thrilled to be talking with Rod Khleif, the host of the "Lifetime Cash Flow through Real Estate" Podcast. As one of America's top real estate professionals, Rod has personally owned more than 2,000 single family homes and multiple apartment communities. Rod shares his rags-to-riches-to-rags-to-riches story, from his humble beginnings as a young, impoverished Dutch immigrant to incredible...

If you are a new investor who is looking to buy rental property, or you're a current owner looking for ways to improve your methods, I believe you'll get a lot out of my conversation today with Tina & Wes Emert from City Wide Real Estate Services. Tina & Wes offer services ranging from Real Estate Brokerage, Rehabbing, Property Management and Asset Management.  They take a 'Success-Based' Approach...

If you've ever wondered about investing in Self Storage Facilities, then this is an episode you don't want to miss.  Michael Laragy built a rental property portfolio over 30 years, and then decided to sell it off in order to invest in Self Storage.  Today Michael will walk us through his journey: why he decided self storage was the way to go, how he found his facility, and what he's done to make i...

The Good, The Bad, and The Ugly:  Last week successful investor Steve Whitteberry shared his stories of 'The Bad & The Ugly' with us.  Today we get to discuss 'The Good'. Steve will discuss his use of Self Directed IRA's and how they're helping him prepare for retirement.  We'll also discuss 'Alligators' and how they can eat up all your Cash Flow. And we'll also compare our experiences purchasing...

The Good, The Bad, and The Ugly:  Sometimes we come across deals that are too good to be true but we suspend our better judgement because the person selling those deals is so persuasive and says all the right things. Steve Whitteberry is our guest today.  Steve is a successful real estate investor who will share his stories of making investments and working with certain investors that he later cam...

Many experienced investors can share this story: the one about the deal they chased for months or years, spent countless hours and phone calls and emails and money on, invested all their energy and emotion into, and no matter how hard they tried, it just wouldn't close, it couldn't close, and eventually they had to admit defeat and walk away. Dealing with these types of setbacks can be devastating...

Last week Ken Jenkins shared with us how he used direct marketing to find, negotiate and purchase an 8-unit multi-family and duplex in Plymouth, Michigan. Today Ken & I discuss the 20-unit multi-family he was able to acquire in Belleville, Michigan when he discovered it through a Craigslist add. Ken will take us through his negotiations with the seller who insisted on an all-cash purchase, and wha...

Discovering Off-Market Real Estate opportunities that cash flow and offer great upside potential is like finding the Holy Grail for Real Estate Investors.  Today I talk with someone who's managed to do this twice since he began three years ago. Ken Jenkins is an investor from the Plymouth/Canton area just outside of Detroit, Michigan, and he has had great success in finding multi-unit properties t...

Interview with Harvey Hansen from Indoor Climate Solutions.   Every residential rental property has a system for keeping your residents warm in the colder months, and if they're lucky, cold in the warmer months. Depending on the age and condition of these systems, you or your resident could be spending a lot more on utilities than is necessary. In order to save and make more money, its important t...

Interview with Angela Hovermale from Banner Drywall To be successful as a real estate investor it helps to know and understand your 'why'. Why be an investor in the first place?  Is it just to make money, or is there a deeper reason? Today I sit down to talk with local investor and business owner Angela Hovermale about her 'why's', and how they've led her and her husband to invest in her own backy...

Patrick Spitzley Interview: We've all seen those shows on HGTV where investors buy a house out of foreclosure or auction, fix it up, flip it, and make a killing.  It all looks so sexy glamorous and fun.  But is it really like that in real life? Today I talk with someone who does rehabs & flips for real.  Patrick Spitzley is the owner of the Spitzley group.  He buys the worst of the worst and goes...

EP012 with David Hill, Attorney at Kreis Enderle:   For every rental property owner and investor there comes a time when expert legal advice is necessary. Whether you're putting together a contract or purchase agreement, forming an LLC, or dealing with a slip and fall at one of your rentals, having an attorney on your team is essential to protecting your interests and investments. Today I sit down...

If you own, or are about to invest in rental property, then you need to have a good insurance agent on your team.  Today I sit down to talk with Mike Murphy from J.B. Harrison Insurance Agency ( http://www.jbhins.com/) During our conversation we talk about the different types of insurance and coverage, what investors need to consider for their insurance policies, common mistakes investors make in...

James Loftus is a buy & hold investor who has been around long enough to have experienced the ups and downs of real estate investing.  he not only weathered the great recession, he came out stronger and wiser because of it. Today we sit down to talk about James' investing and property management techniques, his recent decision to switch some of his properties over to a professional management comp...

Whether you're a new investor who is wondering how to start your buy and hold portfolio, or a seasoned pro looking for tips on how to manage your property and get higher rents, you're going to enjoy my interview with Rob Minch. Today Rob will share his journey with us from owning his own mortgage company to becoming a full-time buy & hold rental property owner.  Rob will tell us how he built his p...

Historic Districts seem to be a hot button issue lately across the country.  There are several states where legislation is being proposed that would effectively weaken or eliminate historic districts.  Michigan is one of those states.  Investors will often find that owning rental property in a historic district can be a more expensive proposition, and getting approval for changes to the exterior o...

Kathy Dennison Adrianse Interview:  Kathy is the owner & broker of Lighthouse Property Management, a West Michigan startup company that has been in business for thirteen years.  Kathy has a passion for buying and selling real estate, and lately that passion has led her to a new market in West Michigan. Today we will reveal that market and discuss the types of rental properties Kathy owns, her use...

Clay Powell Interview:  If you've been listening to this podcast then you know that there is a lot of experience and expertise in the RPOA community.  What you may not know though, is what the RPOA is all about and how it can benefit you. The Rental Property Owners Association does provide education, networking, tools, services and a great value for rental property owners and real estate investors...