The REtipster Podcast | Real Estate Investing cover image

The REtipster Podcast | Real Estate Investing

Latest episodes

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Jun 24, 2019 • 60min

How to Go from Zero to Rockstar as a Land Investor - Interview w/ Mike Ferreira

#44: In this episode, I talk with a land flipping aficionado who has been VERY active in the land business.(Show Notes: https://REtipster.com/44)I refer to him as “aficionado” because he has taken his land business to a place that most people never reach. He is buying and selling land as his full-time gig and he’s currently selling around 15-20 deals per month… just to give you an idea for the scale he’s at.The guy I’m talking about is Mike Ferreira, and he’s got a really interesting story.Mike is someone who sells A LOT of his properties on terms (with seller financing) and he’s also had the benefit of going through ALL of the land investing courses on the market today (including the REtipster Club) - which means he’s been able to see all the similarities and differences between the various ideologies out there, and he’s been able to pick and choose which pieces to apply to his business and make it his own.There’s a lot more I can say about Mike - but if you listen in, you'll get a much better look at how his business works.
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Jun 10, 2019 • 1h 9min

Is it Wrong to Make Low Offers? Interview w/ Brian Ellwood

#43: Brian Ellwood is a former wholesaler who was able to retire from the working world at the age of 30 by accumulating several dozen properties. Now days, his greatest passion is to help others do the same.(Show Notes: https://REtipster.com/43)Brian’s initial area of expertise in real estate was mostly in wholesaling houses, fix and flips and buy and hold investments… however, he chose to steer the ship more in the direction of buying more long-term buy and hold properties, so he could generate enough passive income to cover his bills and spend his time doing what he really enjoys.In this interview, we’re going to talk about how Brian was able to build and grow this kind of business, his philosophy and approach to real estate investing, and we’re also going to talk about a CRAZY experience he had a few years back with the local media, how it really took a toll on him mentally and professionally, and how he managed to take a really difficult experience and turn it into an asset for his business.
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May 27, 2019 • 60min

Why "Passive Income" From Rental Properties is a Lie - Interview w/ Tom Krol

#42: Tom Krol is the Founder of Wholesaling Inc and PSL Homebuyers, and he runs one of the most popular podcasts on iTunes.(Show Notes: https://REtipster.com/42)Tom has bought and sold hundreds of properties across the country and has taught a lot of aspiring real estate investors how to do the same.Tom and I recently got acquainted over the phone, and he was telling me he had come to the conclusion that "passive income" from rental properties is a total farce. He thought there was a much more effective way to build real passive income, and it involves wholesaling houses with a unique approach of selling off properties with seller financing.There are a ton of advantages that enter the picture when you work this way (which we’ll cover in a lot more detail in this interview), and I was struck by how many similarities there were between his approach and the approach of buying land at a super cheap price and selling it with seller financing.This is one of those strategies I’ve heard about from a number of people, so I’m really excited to dig into the details of how Tom has put this into practice. Hopefully, you’ll walk away with some ideas you can apply in your own business.
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May 13, 2019 • 1h 5min

The Biggest Problem With Your Website (And How to Fix It) - Interview w/ Trevor Mauch of Carrot

#41: In this episode of the REtipster Podcast, we’re talking with Trevor Mauch, CEO of Carrot.(Show Notes: https://REtipster.com/41)If you’re a real estate professional of any kind, there’s a good chance you’ve come into contact with Trevor’s company at some point, because they specialize in helping real estate investors and agents generate leads online with some extremely easy-to-use websites.Whether you’re trying to find new properties to buy, sell the properties you own, sell properties on behalf of someone else or just build a stronger online presence (without hiring your own web developer), there’s a good chance Trevor’s company can help you with that.Carrot websites have pulled in millions and millions of leads online over the past few years… and they’ve played a pivotal role in helping people close thousands of deals with their software. I personally know a TON of people who are using this company for one or more of their websites and I’ve heard a lot of good reports. I’ve even used it myself and I know they’re definitely filling a need in the real estate industry.In this episode, I chat with Trevor about a ton of different aspects of managing your online presence, some of the mistakes people make with their websites, and what kinds of things make for a truly effective online platform.
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Apr 29, 2019 • 1h 3min

Hiring a Virtual Assistant: Expectations vs. Reality - Interview w/ Derek Gallimore

#40: In this interview, we talk with Derek Gallimore, Founder and CEO of Outsource Accelerator, a company that specializes in helping small businesses in high-cost English-speaking countries figure out how to outsource various aspects of their operation.(Show Notes: https://REtipster.com/40)In this interview, we talk with Derek about different roles/jobs that can be outsourced and how it improves the business processes overall. Derek also gives us examples of how outsourcing can be applied to someone like a real estate agent, a landlord that's leasing out multiple properties or a property flipper.The good thing about outsourcing is - it has never been easier to find good, competent help at a cost that is surprisingly affordable.But what does that really mean? How much should you realistically expect to pay for someone who is truly competent and knows how to think for themselves? Which roles in your business are actually worth outsourcing? What are the biggest drawbacks to hiring a VA that nobody talks about? We’ll cover all of that today.
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Apr 15, 2019 • 1h 16min

How to Quit Your Job and Make $20,000/mo in the Land Business - Interview w/ Willie Goldberg

#39: Willie Goldberg has been on my radar for a while now.(Show Notes: https://REtipster.com/39)In less than two years, this guy has built his land flipping business up to 95 notes through seller-financing, he's averaging over $20,000 in monthly revenue and he actively buys and sells 15 - 20 properties per month!I don’t know many people in the land business who are doing this well, especially when you consider that he’s only been at it for two years.Willie dishes out a ton of details on how he's been able to reach this level in such a short amount of time. You might be surprised to find that even though it takes a lot of work an investment, this kind of success is more achievable than most people think.
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Apr 1, 2019 • 1h 3min

The Most Misunderstood Facts About Property Management w/ Tim VandenToorn

#38: Today, we’re talking with my friend and my property manager, Tim VandenToorn.(Show Notes: https://REtipster.com/38)Tim runs the second largest residential property management company in Grand Rapids, Michigan.I wanted to talk with Tim about his experience as a real estate investor and property manager because I don’t know many people who manage 800+ rental units and work on this level. This guy has seen A LOT of what there is to see in the world of real estate and residential rental properties. If you have any interest in owning rentals or managing them yourself, you're going to get a lot out of this conversation.
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Mar 18, 2019 • 1h 20min

How to Generate Passive Income from Wind Energy (What No One Is Talking About)

#37: Over the past year, I've become a lot more interested in finding legitimate ways to generate sources of truly passive income from vacant land.(Show Notes: https://REtipster.com/37)Now, to the average real estate investor, the words "cash flow" and "vacant land" do NOT go together, but if you know where to look and how to find these kinds of properties, there are actually a ton of opportunities out there.There are actually a lot of ways to do it, and one such way is to invest in own land that is leased out to the owner of a wind farm development.Essentially, the landowner can earn revenue from the lease (which typically lasts for 35 years or longer) and through a small percentage of the royalties from the energy that is generated and sent into the power grid.Depending on the size of the wind farm project, it's not uncommon for these leases and royalties to produce anywhere from $20,000 - $50,000 for the landowner. And the landowner doesn't have to do anything. They simply own the dirt and collect the money each year.Sounds pretty simple, right?Well, there's A LOT more to the story, and in this episode - I talk with Tao Kong (COO of Alcen Renewable) and we uncover a lot of the details behind how wind energy leases work, what kinds of properties make the most sense for this type of development, what markets make the most sense to start looking in (and which ones to avoid), and a lot more.This was one of the most interesting conversations I've had in a long time, and if you have any interest in passive income, land investing or renewable energy, I think you'll enjoy it too.
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Mar 4, 2019 • 1h 18min

David fired his boss to pursue land investing full-time. Here's how he did it...

#36: In today’s show, we’re talking with David VanSteenkiste.(Show Notes: https://REtipster.com/36)Who is this guy? He’s a name and face that has continually popped up in my social media feeds for years. In all of the various land-related conversations I see around the interweb - David always seems to be there, chiming in with his thoughts and suggestions for others about how to handle various challenges and situations in the land business.A few months ago, he told me about how his land business had actually grown to the point where he’s been able to quit his day job and work his business full time. Obviously, this is a HUGE milestone - and a sign that he’s clearly got a few things figured out.If you're in the land flipping business and you want to grow it to the point where you have total autonomy over your life (or even if you’re considering jumping into the land investing game as a beginner), David is a great example of what’s possible when you take the business seriously take action on building your financial freedom.
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Feb 18, 2019 • 56min

Need Money? You Need to Know About Fund & Grow (Interview with Mike Banks)

#35: One of the most common questions I hear from people in the real estate business is,"Where can I get funding for my next deal??"(Show Notes: https://REtipster.com/35)It doesn't matter what type of real estate investor you are, at some point, you're going to run out of cash. If you want to keep buying properties and grow your business, you'll need some other source of funding in order to stay liquid.Now, there are a lot of ways to deal with the issue. Some investors turn hard money loans, some will partner with other investors who have the cash, others will buy properties with seller financing or work with conventional lenders (until their bank decides they've borrowed enough money).The problem is - all of these "solutions" have some big costs associated with them, and that's why this interview is such an important one.In this episode, we talk with Mike Banks of Fund & Grow. This company has made it extraordinarily easy to get short term financing that charges 0% interest for the first 12 months (at which point, most people will either refinance or pay off their loan through the sale of the asset they purchased with the money).This financing strategy isn't the right fit for every situation, but for a lot of reasons (which we'll get into in this interview), this can make a TON of sense. It offers a combination of speed, flexibility, and savings that few other financing methods can bring to the table.This is definitely one you'll want to listen through to the end!

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