Multifamily Legacy Podcast

We all know that brokers play a vital role and relevant piece of the puzzle in real estate business. However, there may be times when you need to contact the seller directly to find the best deals. Listen to this episode as Chris Roberts shares his  wisdom and unique experiences on how this process works. Today's episode is also a phenomenal story of achievement where Chris shares his journey in real estate and as he realized he needed his capital to work hard for him, he went through the process of learning the multifamily space. Topics on Today’s Episode: How did Chris Roberts get into real estate business at a very young age? Maximizing the return on time and leveraging time and skills. How does Chris Roberts run his team and how big is it? Finding out your value proposition. Importance of outsourcing virtual assistants (VAs) to do certain tasks and processes In dealing straight with the sellers, what are the processes and how does it work? Pros and cons of dealing directly with the seller How can you somehow get into the seller? Building rapport and relationship with the seller. Any new book that is inspirational lately? What would you advise to those who are looking into the multifamily world?  Links and Resources Mentioned: Talking to Strangers book by Malcolm Gladwell Kahuna Boardroom Kahuna HQ Multifamily Legacy Podcast on YouTube Multifamily Legacy Podcast on Facebook Guest Bio: Chris Roberts is the Founder and CEO of Sterling Rhino Capital. He's been a full-time entrepreneur and investor since 2007. He owns and operates a Sales and Marketing Company where he was able to increase its sales growth from about 7.2 million dollars to 24 million dollars.  He's got a proven track record of building successful businesses and he owns about 2,100 units. Quotes: "Do not be a victim of your environment or your circumstances. Be the results of your actions and attitude".  – Chris Roberts "I don't have time for fear in my life because I am out achieving my dreams". - Chris Roberts "The power of your mind can do everything. It can move mountains and build wealth and legacy" - Corey Peterson  "If you believe it, you can achieve it and your paradise is possible." – Corey Peterson     Don’t forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes. Text the word MONEY to 408-500-1127 to get my free private money program and credibility kit for single family.

How many times have you thought it's gonna be a closed deal but actually not? How do you usually handle it? Do you get affected and does it lessen your self esteem and confidence?  We usually experience all these mixed emotions and it's definitely NORMAL. Human as we are, getting discouraged is totally understandable. However, learning to embrace the "NO" would bring you a long way as it unlocks opportunities to start building relationships because most of the time, investors need to earn your trust with their hard earned money.  Jump right into this episode as we are going to debunk more info on what happens, what to do and why investors usually say NO to your deal!     Topics on Today’s Episode: Some possible reasons why investors say no to your deal    How do you deal with rejections? How to get investors to get to KNOW more? Dealing with FOMO (Fear Of being Missed Out) How often should you follow up for people who already said No to you? What are some follow up campaigns? What does it mean when the "Market drops"? What are the roles of syndicators? Providing solutions to investors (especially the retirees) in stretching their investments and making it grow.   Links and Resources Mentioned:   Kahuna Boardroom Kahuna HQ Multifamily Legacy Podcast on YouTube Multifamily Legacy Podcast on Facebook   Quotes: "Change your life for the better" - Corey Peterson "Everting you desire, claim and own it." - Corey Peterson "Be on Board. Take a piece on that CHARITY"- Corey Peterson "Remind yourself daily of that dream and focus on it" - Corey Peterson "If you believe it, you can achieve it and your paradise is possible." – Corey Peterson   Don’t forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes. Text the word MONEY to 408-500-1127 to get my free private money program and credibility kit for single family.

Have you ever considered selling a cash flowing apartment to build legacy wealth in real estate? If you haven't yet, take a moment to tune in to this episode so you would grasp tons of nuggets on the reasons behind selling a property that makes you money and quitting that current cash flow to double your profit!  Today, Corey shares his personal story on HOW he was able to generate HUGE INCOME from a property he acquired 3 years ago at Catalina Village, Yuma, Arizona which suffered deferred maintenance and bad management. Learn the strategies he discovered to get high deals from these kinds of units.    Topics on Today’s Episode: How and why did Corey acquire the property at Yuma, Arizona 3 years ago? Different scenarios to better understand the concept and situation What's in store for you when you sell a cash flowing apartment? What strategies did he take to get the property refinanced with much favorable loan terms?   Compressed Cap Rates Supplemental Loans vs. Refinancing Selling on one market and buying from another market What were Corey's long term goals and business plans?  Links and Resources Mentioned: Kahuna Boardroom Kahuna HQ Multifamily Legacy Podcast on YouTube Multifamily Legacy Podcast on Facebook   Quotes:   "Start with a dream, vision and belief and keep watering it to grow." - Corey Peterson "Take baby steps. Don't give up. Keep moving forward." - Corey Peterson "The more you learn, the more you earn."- Corey Peterson "Put that vision on your mind, own it and believe it."= Corey Peterson "If you believe it, you can achieve it and your paradise is possible." – Corey Peterson   Don’t forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes. Text the word MONEY to 408-500-1127 to get my free private money program and credibility kit for single family.

Nowadays, people are too busy to give full attention to watching videos or reading blog posts. That's the reason why Podcast is considered as a unique alternative way in giving valuable information, one of the most convenient and easy way to build a personal connection to audiences. In just a few years, podcasts have grown in popularity. More businesses are starting to discover the contribution of podcasting to their marketing strategies, attracting new audiences and building trusts with their clients. Tune in to this episode and know more about how to start your own podcast and how it helps your business grow.   Topics on Today’s Episode: How podcasting works and why it is a great platform Benefits of launching a podcast and how valuable it is Having a process and how to start a Podcast right Advantages of podcast against other platform Considering 5 different metrics to grow your podcasts Why One on One Marketing is the best way of marketing How to build a personal connection with your audience using your Podcast show How to keep your audience download and review your Podcast episodes Links and Resources Mentioned: Adam Adams Website: MyPodcast.website Kahuna Boardroom Kahuna HQ Multifamily Legacy Podcast on YouTube Multifamily Legacy Podcast on Facebook   Quotes: "They're struggling with raising money, but it's not because they didn't learn how to do it legally, it's because they don't have a platform" - Adam Adams  "Everyone knows that everyone talks about that with our finances we don't wanna live paycheck to paycheck and it's the same in podcasting you don't wanna live episode to episode" - Adam Adams  "You add immense amount of value to the listener that comes straight from the heart, and you're not having some type of sales agenda" - Adam Adams  "It's always a little bit nervous to change, change is typically kind of hard" - Corey Peterson  "I love to teach, it's my outlet, but the results from it do matter" - Corey Peterson  "Do something that you truly love and eventually you can get paid a lot of money to do it"  - Corey Peterson    Don’t forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes. Text the word MONEY to 408-500-1127 to get my free private money program and credibility kit for single family.

A lot of people know their goals in life and what they want to achieve but they can't seem to understand the process of how to empower them. They know exactly what they are capable of doing but something's blocking them from maximizing it. It's not all about people's potential in doing things but also the difficulties that they encounter maintaining a healthy life between family and business. Tune in to this episode to better understand the steps and guidelines on how to unlock what's on your mind, things that you need to do, and how to start creating changes and growth in your life.   Topics on Today’s Episode: How to vision your personal life over business Things that you can do to create changes in your personal life Calendar and Time Management Importance of giving time for your family and for yourself Setting your Goals and Dreams for a successful business Building a good vision to improve your way of life  Overcoming obstacles and failures Living your life to the fullest without compromising your business Why Mindset matters   Links and Resources Mentioned: Kahuna Boardroom Kahuna HQ Multifamily Legacy Podcast on YouTube Multifamily Legacy Podcast on Facebook   Quotes: " The only commodity that anybody's caring about is time, that's the big money-maker" - Corey Peterson  "Relationships are not hard, but they're not easy, it take work." - Corey Peterson  "God made you unique, he made you special, he made you be able to do things that no one else can do." - Corey Peterson   "The more success you have there's the bigger failure can be right behind you." - Corey Peterson  "I learned how to get better, I learned how to start controlling my time, controlling my thoughts, controlling my actions, and actions becomes words, words become powerful, words have meaning and words can change you." - Corey Peterson  "If it's a bad track, you need to skip it, and if it's a great track, keep listening to it time and time again." - Corey Peterson  "I don't care where you started, I do not care, coz' you can get there." - Corey Peterson  "You've got to believe it, you have to put yourself in the position where you see that vision clearly and you say it to yourself daily." - Corey Peterson   "If you'll practice on being great when most people just trying to be good, it'll separate you by miles, and miles and miles." - Corey Peterson    Don’t forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes. Text the word MONEY to 408-500-1127 to get my free private money program and credibility kit for single family.

A scalable business emphasizes exponential growth. In this episode, learn more on how to put this thing in a trajectory that you can not stop. In other words, once you get going, it does not only becomes good, but also becomes ludicrous! If you want to gain enough valuable nuggets that would help you in your financial journey to scale to the top and achieve success, then this episode is right for you! Topics on Today’s Episode: How important is exponential growth in a business? Why do we need to scale the growth of a business? What are the building blocks in scaling for growth? Understanding your plans, systems and actions Avoiding "analysis paralysis" Dealing with taxes the right way   Commercial Real Estate vs. Residential Apartments What is "cost segregation study"? What is "bonus depreciation"? Power of leverage Effects of doing the things you are not equipped for How important is it to hire people in your company? What type of people do you have to have in your "power team"? What can an Asset Manager do? How important is a VA (Virtual Assistant)? Finding the right partner for your RE business What is an IMS (Integrated Management System) and how does it works?    Links and Resources Mentioned: Kahuna Boardroom Kahuna HQ Multifamily Legacy Podcast on YouTube Multifamily Legacy Podcast on Facebook   Quotes: "You've got to believe it first to achieve it" – Corey Peterson "Fight like hell to get back on course. Never quit." - Corey Peterson     Don’t forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes. Text the word MONEY to 408-500-1127 to get my free private money program and credibility kit for single family.

Self-managing can be very stressful for most property owners. It can be difficult to maintain the consistency of day-to-day operations and maximizing income of the property. This is one of the main reasons why a lot of property owners consider partnering with third-party services, such as a Management Company. Tune in to this episode to identify some important things that you need to consider when choosing an efficient and service-oriented Management Company.    Topics on Today’s Episode: Roles and Responsibilities of a Management Company Systems and Processes of a Management Company Things that you should consider and what to expect before choosing your management company Your roles and responsibilities as a Business Owner and Operator Attitudes that you must have as a Business Owner Tips on how to make more money as Management Company or managing properties How to make your Management Company more profitable How to make your staff at your properties loyal Costs and some expenses of the Property Owner working with a Management Team or Company   Links and Resources Mentioned: Kahuna Boardroom Kahuna HQ Multifamily Legacy Podcast on YouTube Multifamily Legacy Podcast on Facebook   Quotes: "I don't think Management Companies make  lots of money, but I do think you can control your overall product a lot more if you are managing and you have systems and people" - Corey Peterson "You cannot do enough due diligence in selecting a management" - Corey Peterson "Everybody's looking for excuses instead of taking ownership" - Corey Peterson "I'm their biggest cheerleader, I champion my team and my staff even though they're manage by my management company, I let them know that they are important to me" - Corey Peterson   Don’t forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes. Text the word MONEY to 408-500-1127 to get my free private money program and credibility kit for single family.

While real estate investing is one of the best ways to make money, not all income brings the same rate of return for investors. Remember that where you invest makes a lot of difference. Tune in to this episode to identify some factors you need to consider when choosing your market to gain the most profitable investment property.   Topics on Today’s Episode: Why is it important not to take real estate advice from stock brokers? Being careful when you listen to those who claim they are “reliable sources” Understanding cash flow and force appreciation Importance of selecting and buying the right property location How important is job growth in the area? Identifying your cashflow Considering affordable housing Checking on the crime rate in the area Do you also have to consider the right property management? Finding good value deals in every market Where are you at in the real estate cycle? Understanding and looking at your worst-case scenario   Links and Resources Mentioned: Kahuna Boardroom Kahuna HQ Multifamily Legacy Podcast on YouTube Multifamily Legacy Podcast on Facebook   Quotes: “You have what it takes, it’s all in the mind” - Corey Peterson “Your mind is a very powerful tool. Don’t let it go to waste” - Corey Peterson “Never quit. Success is just around the corner. Open it when it knocks” – Corey Peterson   Don’t forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes. Text the word MONEY to 408-500-1127 to get my free private money program and credibility kit for single family.

Understanding your cash flow allows you to view a better path of your financial goals. In real estate, a positive flow will definitely give a good rate in return. However, cash flow is NOT the only key to gain better ROI. Listen to this episode as Corey Peterson explains what an investor like you needs to know on selecting your next cash flow journey.   Topics on Today’s Episode: Is real estate the right vehicle? What is cash flow? What does it mean to invest? What is dumb money? Understand Single family homes vs. Multifamily Understanding stocks, bonds and mutual funds investment vs. Real estate investment Does stock, bond and mutual funds pay high dividend and have potential growth than real estate? Can someone else pay off the leverage off for you? What’s the solid rate of return that you could expect with blended portfolio? What are the 4 Returns on real estate and what that means? How do you force appreciation?   Links and Resources Mentioned: Robert Kiosaki’s Rich Dad Poor Dad Kahuna Boardroom Kahuna HQ Multifamily Legacy Podcast on YouTube Multifamily Legacy Podcast on Facebook   Quotes: "See that's the difference my friend, leverage is really part of the key!" - Corey Peterson "With Real Estate you can get profits from rents that's a dividend and its usually pretty darn good!"- Corey Peterson "See the reason why I got into this game was for time and money" - Corey Peterson   Don’t forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes. Text the word MONEY to 408-500-1127 to get my free private money program and credibility kit for single family.

When you try to start a journey on something new, there are lots of things going on. In real estate, you need a roadmap towards a clear vision on what you have and your ability to push past fear. In this episode, Corey Peterson will guide you to an overall knowledge of this multifamily game in real estate, how it is played and how it works.   Topics on Today’s Episode: Understanding Time and Money Power of velocity and compounding effort Exponential curve about Life and Money How do you leverage money, time, people and process in your life? What is Rule of 72? Believe in yourself Your ROI matters more than you think Know your financial statement to determine where you are at now Mapping out your vision Time cost vs. Ongoing cost What is financial freedom? Rules for creating a clear vision   Links and Resources Mentioned:   Robert Kiosaki’s RichDad Poor Dad Rule of 72 by AlbertEinstein Kahuna Boardroom Kahuna HQ Multifamily Legacy Podcast on YouTube Multifamily Legacy Podcast on Facebook   Quotes: “You have to believe in it to achieve it. It doesn’t happen overnight” - Corey Peterson “It’s the little things that matter” - Corey Peterson “Focus on your goal, otherwise it’s going to leave you behind” – Corey Peterson “Before you do anything with business, you put your life out and put it first” - Corey Peterson “Knowledge breathes confidence” – Corey Peterson     Don’t forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes. Text the word MONEY to 408-500-1127 to get my free private money program and credibility kit for single family.