Rental Property Owner & Real Estate Investor Podcast

If you’ve been paying attention to the news and the economy, then you know that one of the causes of our high inflation rate has to do with supply chain and global logistic challenges. But what does the supply chain have to do with real estate investing, and should investors be more cautious? My guest today is Jeff Davis who solves complex supply chain issues for clients all over the globe. He’s also the managing partner of Bridgestone Capital, a private equity firm that has partnered on over $100 million worth of multifamily investments. Today Jeff is going to share his bold predictions on when material and construction costs will come back down to Earth, whether we’ll ever see pre-Covid prices, and whether interest rates really make a difference in real estate investing. Jeff will also share the one metric that he’s looking at that allows him to see the future of prices from six to nine months out. You can find out more about Jeff: https://www.bridgestoneinvest.com Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

My guests today are a husband and wife team who started investing in 2018 and have found financial freedom through buy-and-hold rental properties. Now, Tiffany and Eric Vogel have released their first book called “The Pathfinder’s Journey: The Key to Your Dream Life Through Real Estate Investing” to encourage new investors to begin their own real estate journey to their dream life. Tiffany and Eric will walk us through their process from the beginning… How they spent thousands of hours listening to podcasts, training, and going to seminars, how they found their first BRRRR project and the private money to acquire it, how they levelled up to a 3-unit, and how they eventually achieved financial freedom and were able to leave their W-2 jobs. We’ll also discuss the different talents each of them brings to the table—Eric with his ability to take action and do a lot of the manual work, and Tiffany with her project management skills and emphasis on Gantt charts. You’ll also learn the meaning of GETMO (good enough to move on) and how Eric and Tiffany rely on that mindset to get past their perfectionist tendencies. You can find out more about Tiffany and Eric through these links: www.OnPurposeInvestor.com https://www.facebook.com/onpurposeinvestor https://www.instagram.com/onpurposeinvestor/ https://www.tiktok.com/@onpurposeinvestor Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

Brian Boyd, a real estate tax attorney and successful investor, offers invaluable insights into navigating the world of real estate investments. He shares his journey from a laundromat owner to generating a six-figure income through vacation rentals. Boyd emphasizes the importance of forming an LLC for asset protection and details the misconceptions surrounding corporate legal protections. He also introduces Rhino, a game-changing tool for landlords to manage security deposits without cash. Expect practical advice on avoiding common investor pitfalls and maximizing your portfolio.

Let’s say you own an apartment building and there’s a fire that destroys one of the units. Or maybe a tornado rips through your community and demolishes an entire building. What if there’s an earthquake and your entire property falls into a crevasse? Extreme examples, I know. And isn’t insurance supposed to cover those costs anyway? Yes, but that’s when your problems really begin. Working with an insurance company to cover the costs they’re supposed to can be a tricky business. That’s why you might consider hiring an insurance adjuster who can get you through the process smoothly. Jack Hanks was awarded “Public Adjustor of the Year” for 2022, so he’s the perfect person to fill us in on what an adjuster is, why they’re necessary, and how you can benefit from their services. We’re also going to discuss the mistakes Jack sees owners making when choosing their insurance, the difference between actual cash value and replacement value insurance, and why we all need to check our insurance policies now to make sure we have proper coverage. I know you’re going to get a lot of great advice from this episode. You can contact Jack via email or his website: jack@vpa.claims www.vpa.claims Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

Twenty years ago, Rich Fettke learned he had cancer and that he only six months left to live. That news turned out to be wrong, but it changed his life for the better. Since then, he’s gone on to create a company with his wife Kathy Fettke called RealWealth a real estate investment group that helps its 60,000+ members improve their financial intelligence, secure passive income, and obtain financial freedom. He’s also competed in the ESPN X-Games, holds a record in bungee jumping, and has achieved his own financial freedom. Now he’s released a new book under the Rich Dad Advisors Press with a foreword from Robert Kiyosaki himself. The book is called “The Wise Investor: A Modern Parable About Creating Financial Freedom and Living Your Best Life”. Today Rich is going to share some of the lessons and parables from his book, and share some insight on how he was able to get Robert Kiysaki to write the forward. If you’d like to find out more about Rich you can do so through these links: http://www.thewiseinvestorbook.com http://www.richfettke.com http://www.realwealth.com Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

Over the past two years, today’s guest has acquired 19 city blocks in Jacksonville, Florida’s urban center with the goal of creating a thriving, walkable downtown.  Why? Because by helping make Jacksonville a place where people want to live and work, Gregg Cohen and his team at JWB Real Estate Capital hope to raise the median income city-wide. This benefits everyone who lives there, and in turn, helps his investors increase their return on investment. Today we’re going to learn more about Gregg’s strategy of building neighborhoods, investing in the city he loves, and why he’s bucking the trend of buying across multiple markets. We’ll also discuss the dynamics that help create a successful downtown, such as the public-private partnership, tax incentives, and avoiding the NIMBY buzzsaw. This is an excellent episode about placemaking and what it takes to create a thriving downtown community. You can find out more about Gregg through the following means: JWB website: jwbrealestatecapital.com JWB Facebook Group: jwbfacebookgroup.com JWB Facebook Business Page: facebook.com/CashFlowProperties JWB YouTube: youtube.com/c/JWBRealEstateCapitalJacksonville JWB Twitter: twitter.com/jwbcompanies Gregg's LinkedIn: linkedin.com/in/gcohen31/ Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

When I started investing in multifamily it was 2008 and every property was a distressed property. The period between 2008 and 2012 was definitely a buyer’s market and sellers were desperate to unload their non-performing properties. As the market shifts once again it seems like we’re heading into some sort of recession. So, it’s a good opportunity to discuss the outlook on distressed commercial real estate and how you might find the best opportunities currently available. Jake Harris is our guest today, and he is the author of “Catching Knives: A Guide to Investing in Distressed Commercial Real Estate”—which makes him the perfect person to have this conversation with. Jake is going to share stories from the past 20 years in real estate investing—how he became a millionaire by 30, but then lost it all in the Great Recession. He’ll share the systems that he’s built to identify distressed properties, examples of recent acquisitions, and his outlook on the rest of 2022 and what will happen in our economy. I know you’re going to enjoy this conversation with Jake. You can find out more about him through his website: https://www.catchknives.com Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

Are you wondering what the impact of current economic trends—including the red-hot (…but potentially cooling?) real estate market and soaring inflation—will have on your real estate investments? Then you'll want to hear GVSU Economics Professor Dr. Paul Isely’s mid-year real estate investment and rental economic update. Paul provides a review of where our economy is now and shares his expertise on where things are likely headed in the coming months as well as in 2023 and beyond! His presentation is packed with incredibly relevant and invaluable information to help your real estate investing business succeed and you will not want to miss it! Dr. Paul Isely is the Associate Dean and Economist for Undergraduate Programs in the Seidman College of Business at Grand Valley State University.

Have we reached the point where it no longer makes sense to invest in older multifamily properties?  My guest today makes the argument that there is nothing passive about investing in older properties because they constantly need repairs and updates. Instead, you should be considering new construction multifamily, and building as much as you can as fast as you can. Roger Luri has been a real estate investor and developer for over 30 years, and he’s the author of the recent book “Don’t Buy Multi-Family: Build It!”. Today Roger and I discuss the compelling fundamentals behind new construction investments, and he shares examples from his previous developments in Chicago. You can contact Roger through his website:  https://www.ld2development.com Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

As digital technology advances and we see more and more automation and systematizing of every aspect of the real estate transaction process, it’s not too hard to imagine the disruption blockchain technology will introduce for real estate investors. But what are we talking about when it comes to blockchain technology? What is it, who will it affect, when will it be a reality, and how can you take advantage of it as a real estate investor? My guest today is here to help answer those questions. Megan Templeton is a real estate attorney with Royal Legal Solutions and the owner of Iron City Law out of Birmingham, Alabama. You can find out more about Megan through her email and website: megan@royallegalsolutions.com https://royallegalsolutions.com/ Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com