We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the Devos Place conference center. This is The Must-Attend Two-Day event for Real Estate Investors at all levels! And I have a special speaker announcement to make today. Adrian Smude will be our featured speaker on “Wheels of Fortune—Cashing in on Mobile Home Investing” Adrian will be speaking Thursday, February...

My guests today have developed their own unique systems and formulas for investing in multifamily, and today they’re going to discuss joint ventures vs. syndications, the three core roles of multifamily investing, and their five cornerstones of a thriving multifamily business. Jen and Stacy Conkey have over two decades of investment experience and are the founders of Remote Multifamily Investing Academy. They’re also co-authors of the book “Multifamily Freedom Hacking” which is available on...

We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the DeVos Place conference center. This is the must-attend two-day event for real estate investors at all levels! And I have a special speaker announcement to make today. BiggerPockets contributor Alex Jarbo will be our featured speaker on “The Future of Hospitality Management in the Short-Term and Vacation Rental...

Over the past nine years Mike Mannino has built a business that flipped over 80 houses. By the age of 30, Mike had built a portfolio of over 60 rentals. He’s also created multiple companies that generate over $1 million per year in revenue. Today Mike shares his strategies and secrets that have put him among the top 1% of income earners in the real estate industry. We discuss the systems and teams he’s put in place to operate his businesses so he can work as little as possible, how he...

We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd in Grand Rapids, Michigan at DeVos Place. Anthony Chara will be one of our featured speakers, presenting on Building Generational Wealth: Increase Wealth Exponentially with Multifamily Properties. Anthony will be speaking Friday, February 23 at 10:30 am. He’ll also be a guest on our apartment investing panel at 8am that same morning where we’ll be...

Happy New Year everyone! It’s January 1st and we have a huge announcement to make about the RPOA’s 2024 Midwest Real Estate Investor Conference. Just like in past years it will take place this February in Grand Rapids, Michigan, and it’s a must-attend for real estate investors at every level. But we’re also changing it up a bit to make it even more impactful and exciting, so I’ve invited Kathy Bartnick from the RPOA here today to help share the news. Midwest Real Estate Investor Conference...

No one ever wants or expects to find themselves in a lawsuit, but when you’re a real estate investor, it’s always something you need to protect yourself against. My guest today is a real estate investor and asset protection attorney, and he shares his asset protection techniques for real estate investors and discuss how you can become the CEO of your own wealth building company. Scott Royal Smith is the Founder and CEO of Royal Legal Solutions, offering tax, business, and legal strategies...

Meet our new RPOA Executive Director Erika Farley! In this end-of-the year holiday message, Erika will introduce herself and discuss the RPOA's success in pushing back on several bills at the state and local level. Erika shares the update on lead testing in the city of Grand Rapids, as well as the slate of housing and tenant's rights bills that were rolling through the legislature earlier this year. Plus, you can still get the early bird discount on the 2024 Midwest Real Estate Investor...

My guest today has over 42 years of experience in industrial real estate, and the lessons he’s learned during that period are very timely in today’s high-interest rate environment. His experiences especially during the Great Recession have informed his investment approach to be hyper-conservative. Joel Friedland has secured over 2,000 industrial property leases and sales, totaling over $250 million in acquisitions. He’s raised over $150 million in private capital, and most impressively, he...

If you’re looking to gain insight into the current state of renting and tenant habits, it helps to have lots of quality data at your disposal. My guest today has access to that type of data through his tech company that helps property owners manage tens of thousands of rental units across the U.S. including hundreds of millions in annual rent payments. Vikas Gupta is the CEO of Azibo, an online platform that provides an easy way to collect rent, manage finances, and find tenants. Vikas is...

We’re hearing a lot in the media about impending doom in the commercial real estate market. Should we be bracing ourselves for a repeat of 2008 and 2009? You might have seen Paul Moore’s recent BiggerPockets article titled "What’s Really Behind the Slew of Recent Commercial Failures", in which he urges us not to overgeneralize the term ‘commercial real estate’, and instead recognize that there are many asset classes in many locations, and many of them will be just fine. I’ve invited Paul...

Owning waterfront property is the dream of many real estate investors.  But buying and selling waterfront property is very different than your typical real estate transaction. Tia Lilly is the founder of Property Cape Cod Real Estate.  Tia is a seasoned real estate professional with almost two decades of experience specializing in all types of waterfront properties on Cape Cod, including waterfront, water view, lake/pond, riverfront, and beachfront properties. She understands that selling a...

One of the hottest real estate asset classes right now is industrial.  On the surface, industrial investment sounds great – you have a few tenants who pay their rent, all the bills, and sometimes even the property tax. But is it as easy as that? My guest today believes that Industrial is the hidden ATM of real estate investing. Shannon Robnett is a real estate developer with a principal focus on multifamily and industrial real estate in the greater Boise, Idaho area. He’s been in this...

There’s a lot of speculation right now about the state of the real estate market and the outlook for multifamily apartments. Will we see a steep drop in value, or will sales pick back up once interest rates stabilize? And what direction will we see rents go? My guest today believes we will see a rise in demand for multifamily housing along with higher rents. As a builder, developer, and investor, he’s in a position to know. Eric Garrett is the Founder and CEO of The Garret Companies, ranked...

Many real estate investors and entrepreneurs have discovered that finding and navigating the health insurance marketplace can be time-consuming and difficult. Compounding that difficulty is the open enrollment period, which only occurs for several months out of the year. Ever since I left my W2 job ten years ago, I've relied on Chad Creasey from RCB & Associates to help me cut through the confusion and find the best health insurance provider and policy for myself and my family. I asked...

In today's challenging real estate landscape marked by inflation and rising interest rates, Jon Siegel, a seasoned expert with over $25 billion in multifamily transaction experience, shares his insights. As a former HUD loan sales advisor, Director of Structured Transactions at Fannie Mae, and Director of Acquisitions for a leading multifamily real estate firm, Jon offers valuable advice for long-term success in multifamily investing. Join us as Jon discusses the changing landscape of capital...

I've heard horror stories from some of my investor friends in Texas who saw their property insurance costs go from $350 a door to $1,500 a door over the past year. That made me happy to be investing in Michigan, which is much more of a climate haven that isn't affected as much by the costs of the extreme weather that we're seeing in Texas, Florida, and other coastal states. But then my insurance company notified me that they weren't going to renew my $7,500 policy on a 37-unit I own here in...

The last time my guest was on the show he shared some mind-blowing 1031 exchange strategies that can help you shelter your real estate sale profits from the IRS. That was episode #237 if you want to check it out. Dave Foster is back on the show again today to share more examples of successful 1031 exchanges and update us on the latest proposed legislative changes to this incredible investment tool. Dave also released an Amazon best-selling book called “Lifetime Tax-Free Wealth: The Real...

Spend the night with me in a haunted house! Welcome to part 2 of our Halloween series on haunted houses, apparitions, paranormal experiences, and the roommates who don’t pay rent and can’t be evicted. In part one (episode #251) you were introduced to a retired reverend who has been experiencing paranormal activity and communicating with the dead since his near-death experience at the age of 5. You also met several of his paranormal research assistants and heard their stories as well. In...

If you’re struggling with your short-term rental property and wondering how you can get more guests, better reviews, more cash, and become a better property manager, you’ll definitely benefit from this conversation. Luke Carl has been managing vacation homes since 2015 with over 6,000 bookings. He’s taught over 10,000 successful short-term rental property managers and has been through every short-term challenge you can imagine. Luke is the Director of Education for one of the biggest real...

In continuation of our celebration of all things Halloween, it's time to bring back this incredible episode we recorded three years ago... Welcome to our special Halloween edition with hair-raising 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 episode #94 and it was one of my favorite all-time episodes. Today we go even deeper into paranormal phenomenon and I know you're...

My guest today left behind a promising career as a BMX freestyler to become a real estate investor. He built a portfolio of 50 residential properties prior to the great recession, and then pivoted to building a real estate tech company called Connected Investors that he sold for multigenerational wealth. Ross Hamilton made his first million by the age of 20 through real estate, and he’s here today to share his story and secrets that he’s learned from other successful people like himself. ...

This is one of my all-time favorite episodes, and since Halloween is coming up I wanted to scare our listeners one more time. Get ready to get scared by this special Halloween episode with real ghost stories from the perspective of rental property owners, homeowners, and tenants. Whether you believe in ghosts or not, sometimes strange and inexplicable things happen that make the hairs on the back of your neck stand up. Our guests today talk about the creaking doors, the footsteps, the...

The BRRRR method is one of the most tried and true real estate investing plays. BRRRR stands for Buy, Rehab, Rent, Refinance, and Repeat, and this strategy has helped countless investors build their real estate portfolios and achieve cash flow. My guest today has his own spin on this strategy using the SCALE framework. Bigger Pockets even published his book on this topic called Accelerate Your Real Estate, and he’s here today to share it. Niti Jamdar is the co-founder of Open Spaces Capital...

In today's economy, its very difficult to make new ground-up construction projects pencil out. With higher interest rates, labor and material costs, and a decrease in construction financing options, we need to come up with alternate solutions to fund our projects. Your capital stack refers to all of the different sources of funds that you can bring into your project alongside your debt and equity. The more funding sources you can layer into your capital stack, the better the chance you'll...