Rental Property Owner & Real Estate Investor Podcast

Todd Dexheimer is a former teacher who has been investing in real estate since 2008. He's accomplished over 200 flips and currently controls over $15 million in Apartments and Multifamily. Today, Todd is going to share how he's managed to grow his portfolio so quickly, and what he's done to raise over $10 million in private equity. Todd is also the host of the "Pillars of Wealth Creation" Podcast where he interviews successful business leaders. He's also the principal owner of Venture D Properties which syndicates Apartment Opportunities in emerging markets around the country. Todd and I will discuss how he scaled his business from Single-Family to Apartments, investing in markets outside your backyard, the importance of realistically budgeting for Cap Ex improvements, and the mentors and books that have helped him achieve his success. There's a lot of great insight and information packed into this episode. You can contact Todd through the following websites: http://www.venturedproperties.com http://coachwithdex.com

Today we're going to talk about New Construction & what it takes to be a Real Estate Developer. A lot of people think this is an exciting and rewarding career - but is it? My guest today is going to help us figure that out. Bradley Hartwell is the Founder and Real Estate Strategist with North Town Real Estate, a West Michigan Real Estate firm specializing in acquisition, brokerage, consulting, and development of residential and commercial properties. He's also a Professor of Real Estate at Central Michigan University. Bradley has been an instrumental player in developing several large commercial and residential projects in the Grand Rapids area, and today he is going to take us through the process - from identifying the site and other pre-development tasks, to the construction process and the eventual completion and leasing of the property. We'll also discuss the strategy of building apartments that can be converted to condos later on, and the role financing and fund raising plays in the process. Bradley also has a lot of experience & stories that he'll be sharing with us. If you've ever considered developing your own real estate project, or are interested in the development and construction process, then this is a 'must-listen' episode with a seasoned expert. You can contact Bradley through his linkedin or email: https://www.linkedin.com/in/bradley-hartwell-19074147/ bradley@northtownre.com

Today we're going to talk about Mobile Home Park Investing with a renowned expert on the subject. Many of you know Kevin Bupp from his popular podcast "Real Estate Investing For Cashflow". Kevin is a serial entrepreneur with over $100 Million in transactions, including apartments, single family homes, office buildings, raw land, condos, and his favorite, mobile home parks. Today Kevin is going to tell us how a lunch meeting turned him into a Mobile Home Park Investor, how this asset class compares to apartment investing, why cities and municipalities are zoning these parks out of existence, and what you're really investing in when you buy one of these communities. Kevin will also share his tips on working with the homeowners and residents of these parks, the criteria he uses when conducting due diligence on an investment opportunity, and how to avoid the pitfalls that can cost investors a lot of money. Kevin shares a scary story about a very lucrative-seeming investment that went wrong because the utilities needed replacing. Kevin also teaches his methods to Mobile Home Park Investors across the country, and you can learn more by going to his websites: https://mobilehomeparkacademy.com http://dealfindersformula.com/home

One of the bonuses of attending the RPOA's Annual Conference this past February, is that everyone had the opportunity to enjoy a special Q&A session with Jeremy Cole & Ramon Huerta. If you don't know who these guys are, you soon will. They're the stars of "Gritty To Pretty", an HGTV show that was just about to air its 2nd episode on the DIY Network, and has since been picked up for a full season by HGTV - which they are currently shooting. Jeremy & Ramon are both passionate about improving the Kalamazoo, Michigan neighborhoods they invest in, and Jeremy is on a mission to save homes that the city would prefer to tear down. In this episode he goes into detail on the true cost of tearing down homes in terms of dollars, neighborhood impact, and the availability of affordable housing. This is a wide-ranging Q&A with a lot of great questions from the audience about investing, rehabbing, and being on a hit reality tv show. It was a lot of fun to record, and I know you're going to enjoy this episode and everything Jeremy & Ramon have to share.

Anna Myers acquired her first 500 Multifamily units in 2018, and another 300 units in 2019 (so far). Today we're going to find out how she's been able to grow her portfolio so quickly through her systematic approach to analyzing markets and opportunities, as well as her ability to create pivotal & strategic partnerships. From single-mother, to surviving the tech market crash of 2000, to becoming a small business owner and eventually the Vice President of Grocapitus, Anna has always relied on her analytical skills to improve her opportunities. Today we're going to learn how she's seized certain opportunites along the way that have led to her success. Whether it be volunteering to build an analysis tool for her mentor, Neil Bawa, or becoming an educator and trainer on commercial underwriting through MultifamilyU. Anna will share how she uses her systematic approach and knowledge of data science to find the best markets that will weather the next downturn, analyze potential multifamily opportunities, and improve the management and leasing of the apartments she owns. And yes, Anna will name the markets that she finds most compelling. Anna's perspective is unique in this industry, and you'll definitely appreciate the wisdom & knowledge she's about to share. You can find out more about Anna and the courses she teaches for MultifamilyU by going to https://multifamilyu.com

One of the biggest fears landlords and rental property owners have is nightmare residents. I'm talking about tenants who seem okay at first, but then decide they're not going to pay rent, damage your property, and cost you thousands of dollars trying to evict them and clean up their mess. How can we avoid this problem? Well, the best answer is proper tenant screening. But not everyone understands what the best practices are, or even how to go about it. Today, I'm talking with DJ Newman, the owner of Grand Slam Investigations. DJ is a licensed private investigator and an expert on running background, criminal & credit checks on potential tenants. DJ is going to share his screening methods in order to help you find the very best residents for your property. Grand Slam Investigations is also affiliated with the RPOA, and DJ will discuss the benefits they provide to RPOA members. He also has some great stories of the private investigation work he's done, including the survelliance work that led to having a shotgun pointed at his head, along with some other scary encounters. I know you'll enjoy this conversation with DJ, and you'll definitely get some tips that will help you find better residents. You can contact DJ through Grand Slam Investigations' website or by phone. www.gsipi.com 231-359-1555

Larry Goins is a visionary, entrepreneur, real estate investor, and educator. He's been investing in real estate for over 30 years, and has previously served as the president of the Metrolina Real Estate Investors Association in Charlotte, North Carolina. Today, Larry is not only going to share details on his Real Estate Day-Trading system, he's also going to show exactly how he builds Confidence, Credibility, and Rapport with Sellers. He'll take us through real-life conversations to illustrate how you can get people to like and trust you, Price-Condition your sellers, and close the deal. Larry will also share how he builds his lists, vets and funnels his buyers, conducts due-diligence on his opportunities, and the process he follows once the property is under contract. This is all top-level information that any investor will benefit from. Larry also travels throughout the U.S. speaking and training students on buying HUD Homes, Virtual Real Estate Day Trading, Seller Financing, and his "Filthy Rich" system of investing. He's also a noted author and hosts an excellent podcast called "Brain-Pick a Pro Podcast". You can get a free copy of Larry's book "Getting Started in Real Estate Day Trading" by calling 1-877-LARRY GO and asking for a copy. Be sure to mention this podcast. Larry can also be contacted through his website at www.larrygoins.com

Real Estate Investing and Property Management is a People Business, and Chelsea Roelofs was trained early on how important that concept is. Chelsea has a background in social work that has helped her attract clients and residents through her company Rockfinch Realty, a full-service property management and real estate brokerage company. Today we're going to learn how Chelsea transitioned into real estate from social work, as well as the house-hacking investments she made in the historic neighborhoods of Grand Rapids, MI. Chelsea is also going to discuss her single-family & vacation rental investments in Grand Rapids & Muskegon, a lodge she recently purchased in Newaygo, and her property management philosophy that has helped build her successful business. I know you're going to enjoy hearing Chelsea share her experiences in real estate, and the lessons she's learned along the way. You can find out more about Chelsea by going to: http://www.rockfinch.forsale/content/about-rockfinch-realty

Owning and Managing Student Housing Rental Property can be very rewarding, but it takes a unique approach and strategies that are different from traditional property management. If you are considering purchasing property for student housing, or you currently own & manage student housing, then you'll definitely want to hear the best practices and advice from our guest today. Jared Behrens is the General Manager at American Realty Property Management, which specializes in managing A-class single family rentals and student housing in the West Michigan area. They currently manage over 325 units for 60 different owners. Jared is going to share his tips on leasing to students and managing their expectations, along with their parent's expectations. We're going to discuss which months you have to be prepared to move all your students in & out of the units, as well as when you must have them leased by. You'll learn why Jared advises having the students sign a 'jointly and severally liable' lease, and what type of properties and bedroom/bathroom configurations work best for students. There's a ton of great advice packed into this episode. You can contact Jared through his email, website, phone, Twitter, or Instagram: http://american-realty.net Email: jaredb@american-Realty.net Phone: 616.913.9004 Twitter: @jaredbeh Instagram: @jared315

Performing and Non-Performing Notes. You've definitely heard us talk on this podcast about this area of investing. While the returns can be quite lucrative, there are many risks to consider, as well as barriers to entry. When entering this arena it pays to be well informed. That's why, at the recent RPOA Annual Conference, we held an Expert Q & A Panel Discussion on Note Buying. We had three experts there to help us understand what notes are, the investment opportunity they provide, the pro's and con's of investing in notes, and how they've each been successful in the single-family and commercial note investing arena. If you're interested in investing in notes yourself, then you definitely will get a lot of great information from our expert panel today. Sue Nelson is a trainer and coach who has done almost every type of creative real estate deal. Sue is an expert in commercial, multifamily, REOs and notes, and I actually joined her commercial note training program back in 2012. Sue was recently a guest on the podcast - episode #162. http://reonoteprofits.com REONoteProfits@gmail.com Gene Chandler has 45 years of real estate investing experience and is the asset manager for Chandler & Chandler Financial, which specializes in buying one-off and small pools of distressed assets directly from banks, hedge funds, and private equity groups. Gene was a guest on episode #80, and I was so impressed by our conversation that I ended up investing with Gene, and together we've purchased 12 non-performing notes. chandlerfinancialllc@gmail.com https://www.chandlerfin.com Kyle Zimpleman is also a note investor with a mission of helping distressed home-owners stay in their homes. Kyle is the President & CEO of Expand Capital Group and purchases distressed mortgages throughout the U.S. He's also started a fund to help passive investors invest in this space. Kyle was a guest on episode #151. kyle@expandcap.com http://expandcap.com/about/