Dr Matt Motil has had a lot of reasons to be mad at life. He went through the housing crash in Arizona losing his life savings, he battled cancer at 30, and got a divorce in part to health problems with his son. Despite many setbacks Matt did not give up, he kept investing in real estate until he was able to build enough passive income to quit his career. On this episode of the InvestFourMore Real Estate Podcast Matt and I talk all about what he has been through and how he found success with...

Vinney Chopra came to the United States to get his MBA to further his engineering career. While he was here, he found his dream job and then discovered real estate. Over the last decade, Vinney has purchased 26 apartment complexes worth over $200 million. He did not buy these properties on his own but instead used syndications to buy them with other investors' money. I have interviewed a number of apartment syndicators, but one thing I liked about Vinney is he has bought 12 apartments in the...

Chris Prefontaine has been in the real estate industry for many years as an agent, broker, landlord, flipper, developer, builder, and landlord. He was hit hard during the housing crash and decided he needed a new strategy to make money in real estate. His plan was to make a lot money without using any of his own money. He was able to do this by finding properties he could lease to own, which he could then turn around and lease himself. You can listen to how he made a lot of money in real...

I have been a real estate agent and real estate investor for over 15 years. I am biased when I talk about using real estate agents, but I am also extremely experienced when it comes to real estate. Being in the industry as long as I have, I see how valuable a good real estate agent is for both buyers and sellers. Real estate agents can be expensive, but they are usually well worth it because of the money they save their clients. On this episode of the InvestFourMore Real Estate Podcast, I...

So far, I have bought 25 properties in 2017: 23 flips and 2 rentals. This is buy far the most properties I have ever purchased in one year, and I still have a few months to go. For me to be able to buy that many houses and commercial properties, I have had to expand the way I find deals. I have bought properties from the MLS, wholesalers, Zillow, direct marketing, networking, and auctions—all this year. On this episode of the InvestFourMore Podcast, I talk about how I get deals from all of...

On this episode of the InvestFourMore Real Estate Podcast, I interview Hunter Thompson,who has been a passive real estate investor for many years. Hunter started investing in mortgage notes and then moved into syndication. Hunter chose not to be the person who put all the deals together but rather the person who invests in those deals and lets other people do all the work. Hunter feels his best use of time is finding the right investors to invest in. One of Hunter's favorite investment niches...

Lane Kawaoka is my guest on this week's episode of the InvestFourMore Real Estate Podcast. Lane is a full-time engineer but also loves to invest in real estate. Lane has always worked on the west coast or Hawaii, where it is really hard to find cash-flowing rental properties. He has had to invest out-of-state to find deals that made sense to him. On this show, we talk about how he first got involved in real estate and how he both bought houses from turn-key companies and  on his own. We also...

I have gotten two hard money loans in my 16 year career as a real estate investor. Both of those loans I obtained this year from Ben Shaevitz with Patch of Land. I shy away from hard money loans because of the high rates, hoops you must jump through, and length of time it can take to get the loan. However, I worked with Patch of Land because they were able to eliminate many of those difficulties. The thing that really helped me out was they did not require a full appraisal to get the loan...

Tyler Sheff has seen a lot in his real estate career. He started flipping houses in his early twenties and was very successful before the housing crash. Tyler also held some properties as rentals and eventually sold his properties before the crash, which caused him to incur a huge tax bill. Tyler decided there had to be a better way to invest in real estate, so he started buying apartment buildings after the housing crash and held more of his properties instead of selling them. Tyler...

Kathy Fettke has seen a lot of ups and downs in the real estate market while living in San Francisco. She has bought rentals in San Francisco, but it can be really tough when almost every property costs more than one million dollars. After a health scare with her husband, she knew she had to find a way to create passive income while living in one of the most expensive markets in the United States. She has learned to buy rentals and even develop land in other markets to create that passive...

On this episode of the InvestFourMore Real Estate Podcast, I interview Shannon Denniston. Shannon has been an extremely successful real estate investor, entrepreneur, and real estate agent. Shannon had always planned on a career in the real estate industry and even majored in real estate in college. Things do not always go as planned, and Shannon ended up starting a very successful technology company in college, which delayed his entry into real estate. After making a lot of money and paying...

One of the biggest roadblocks to investing in real estate is getting the money to buy houses. I get a lot of questions about how people can find the money to invest with, but the first question you should ask is how much money will you need. Once you know exactly how much money you need to invest in real estate, it becomes much easier to get that money and actually buy a house. You will also need varying amounts of money depending on what kind of real estate investing you do. Flipping,...

Real estate agents can make a lot of money, and have a lot of freedom. It can also be very tough getting started as an agent. Many real estate agents do not sell a house or make any money for months after they get their license. It can take some agents years to learn the best way to generate business, and some agents never figure it out. On today's podcast I speak with Aaron Hendon who is one of the top real estate agents in Seattle. He tells us what it took for him to become success, how...

Buying Rentals and flips can be an awesome opportunity to make money. However, buying the property is only one step of the process, you usually have to repair properties as well. Even if you buy rental properties that are in perfect shape, you will have to repair them at some point after you run into some less than stellar tenants. I have 15 rental properties and 14 active fix and flips right now. There is a big difference in the way I repair my flips versus my rentals. On this episode of the...

Hard money loans are a great option for real estate investors who want to flip houses. However, there are many different types of hard money lenders and many different types of hard money loans. In the past hard money was extremely expensive, but competition has driven the cost down in recent years. On this episode of the InvestFourMore Real Estate Podcast I talk with Dan Leyden, who is a founding partner of Asset Based Lending. Dan talks about the different types of hard money available,...

The real estate market has been crazy in Colorado. Median prices in my town have jumped from $110,000 to $280,000 in 5 or 6 years. My town has some of the lowest prices in the area! With real estate prices increasing so fast, I decided to stop buying residential rental properties and focus more on flipping. There were a number of reasons I stopped buying rentals, but the biggest one was that I would not cash flow on properties anymore. On this episode of the InvestFourMore Real Estate Podcast...

On this episode of the InvestFourMore Podcast I talk with Jarred Kessler who is trying to start a company that would eliminate the need for real estate agents. I am a real estate agent, and a big proponent of using agents to make the most money when selling or buying houses. This podcast definitely had some tense moments and differing opinions! Jarred started a company called Easy Knock after being in the financial services industry and believing that the way houses are bought and sold is...

I have had up to 20 flips going at once this year, which can be a lot to handle.  I have a great team who helps me, and I have systems to get them repaired and sold. Before my team can do anything with the properties, we have to find properties to buy! In the past, I bought most of my flips from the foreclosure sale then had to change strategies and buy from the MLS. In the last year, I have bought many flips from wholesalers, and I am adding additional ways to buy. I have had good luck...

One of the biggest hurdles to real estate investing is the cash needed to flip or buy rentals. Investors have to put more money down than owner occupied buyers, which makes it tough for many people to ever buy an investment property. Not only are there higher down payments for investment properties, but if you want a really good deal you may have to spend money on repairing a house as well. It also takes time to find good deals, find contractors, manage properties, and sell properties....

As a real estate agent I see emails all the time that are from fake title companies asking me to open an attachment. I also see emails from fake agents or buyers asking me to open attachments as well. I am usually smart enough to spot the fake emails, but some can seem very real or even appear to be from someone I know. It is pretty easy for someone to get hacked through their email, and being hacked is not a pleasant experience. On today's episode of the InvestFourMore Real Estate Podcast I...

Real estate has some amazing tax advantages, but you can still end up paying a lot in taxes to the IRS when you sell a property. Owning rental properties allows you to depreciate the structure of the property, but when you sell you may have to repay that tax savings. 1031 exchanges can be a way to defer the taxes when you sell rentals, but they come with many restrictions. 1031 exchanges cannot usually be used when you flip houses either. Bruce Jones with TaxWealth is an expert on real estate...

This year has been pretty good so far. Things never go as you plan, but that is what makes life fun. I have had many challenges and successes and tried out many new ideas and techniques. I have sold 11 flips and purchased 11 flips. I bought one rental property, and there was quite a bit of change on my real estate team. I think I have a good chance of reaching many of the goals I set for this year, but I won't have as good of a chance with others. I set challenging goals on purpose so that I...

On this episode of the InvestFourMore Real Estate Podcast, I speak with Jay Conner. Jay has been a full-time real estate investor for 14 years. He used to use banks for his financing. During the financial crisis, banks cut off his line of credit, and he had to find a new source of funding. Jay was able to obtain over 2 million dollars in private-money financing in a very short period of time. Private money has allowed Jay to fund over 350 rehabs in his career, and it has helped him build a...

One of the biggest problems facing real estate investors is finding the money to buy houses. I have been an investor and agent for over 15 years, and with 15 rentals and up to 20 flips going at once, I still find myself looking for more money (doing 20 simultaneous flips could be why I am looking for more funding!). There are many ways to get money for a rental property or a flip, but today, I will talk about the best loans for investment properties. Most people with great credit and...

Tim Rhode was a grocery clerk when he bought he got the real estate bug. He started selling houses as an agent and investing in rental properties. Tim knew if he wanted to be successful he would have to do work harder and smarter than his competition. On this episode of the InvestFourMore Real Estate Podcast I talk with Tim about his journey into real estate. How he sold over 2,500 homes as an agent, bought as many rentals as he could, flipped houses, and ended up retiring very early with a...