Collecting Keys - Real Estate Investing Podcast

What did you think of todays show??What investment strategies are winning in today's real estate market? With rising interest rates, how do you keep cash flow and business growth aligned? What are the must-have skills for thriving in the current real estate climate?Today’s episode of the Mike and Dan show addresses all these questions and more, delving into the modern investor’s struggle to maximize returns during an economic downturn. They discuss the significant impact of rising interest rates and taxes, alongside the challenges of refinancing, dwindling cash flow and property appreciation.If you’ve experienced these challenges yourself, then you don’t want to miss this conversation! Mike and Dan cover key ways to navigate the current market cycle, such as considering CapEx, diligent property maintenance, strategic selling of assets, and more.Tune in to learn how to find long-term success in any real estate market!Topics discussed in this episode:Breaking lease agreements as a landlordPros and cons of homeownershipViability of the appreciation strategy in fluctuating marketsImpact of rising interest rates and taxes on investment strategiesThe role of property maintenance and turnover in investment strategyCurrent real estate trends and future predictionsCheck out the FREE Collecting Keys “Sub To Transactions” Master Class!https://collectingkeys.com/subtoIf you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://collectingkeys.com/Check out the Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeys.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://collectingkeys.com/free/If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://collectingkeys.com/keyscon-2023/ and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:https://collectingkeys.com/https://www.instagram.com/collectingkeyspodcast/https://www.instantinvestorprogram.com/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/This episode was produced by Podcast Boutique https://www.podcastboutique.com

What did you think of todays show??The co-living investment model is a high-yield real estate strategy that’s becoming popular with both investors and renters. The math is simple: more renters equals higher returns. On the show to share his experience scaling a co-living real estate business is Sam Wegert, a true entrepreneur and co-living operator for over 20 years.In this episode, Sam dives into the profitability and scalability of the co-living model. He addresses common misconceptions about co-living investments, highlighting the advantages of its membership-style framework over traditional landlord-tenant regulations. The benefits discussed also include offering a safe, communal environment and solution to the affordable housing crisis.For investors intrigued by the co-living model, Sam breaks down the details of transforming properties into co-living spaces, vetting tenants, and more.Tune in for his advice on entering this new market and scaling a real estate business!Topics discussed in this episode:Learning business principles through his martial arts businessThe co-living real estate modelCreating co-living communitiesLegal framework and tenant laws for co-living propertiesProfitability of co-living spacesCo-living as a solution to the affordable housing crisisConnect with Sam Wegert:https://www.instagram.com/samwegert/https://scaleyourrealestate.com/Check out the FREE Collecting Keys “Sub To Transactions” Master Class!https://collectingkeys.com/subtoIf you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://collectingkeys.com/Check out the Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeys.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://collectingkeys.com/free/If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://collectingkeys.com/keyscon-2023/ and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:https://collectingkeys.com/https://www.instagram.com/collectingkeyspodcast/https://www.instantinvestorprogram.com/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/This episode was produced by Podcast Boutique https://www.podcastboutique.com

What did you think of todays show??Are you a cheap landlord, or just a smart landlord? In this week’s Friday Focus, host Dan Austin dives into the economics of landlording in an episode inspired by a fiery debate on one of his recent Instagram posts.Dan shares his view on providing amenities like in-unit laundry appliances, balancing the responsibility to provide value and make a profit as a landlord in the decision-making process. He dives into the larger economic factors impacting landlords, like rising property taxes and insurance rates, and how to combat these issues in the current market.You’ll learn the economic reality of being a landlord — and spoiler alert; there’s most likely no big cash flow in your future as a landlord.Tune in for a quick discussion on landlording, property cycling, and more!Learn more about the Collecting Keys SCALE Community! https://collectingkeys.com/scale/Check out the FREE Collecting Keys “Sub To Transactions” Master Class!https://collectingkeys.com/subtoIf you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://collectingkeys.com/Check out the Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeys.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://collectingkeys.com/free/If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://collectingkeys.com/ and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:https://collectingkeys.com/https://www.instagram.com/collectingkeyspodcast/https://www.instantinvestorprogram.com/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/This episode was produced by Podcast Boutique https://www.podcastboutique.com

What did you think of todays show??There’s a lot of misinformation and confusion about real estate investing out there, from the idealization of using other people’s money (OPM) to the exaggerated success of sub to deals.In this episode, Mike and Dan reveal the truth about the OPM method, challenging the popular narrative that it's an easy and accessible strategy for all investors. They discuss the ethical considerations of private money, the responsibility investors have to lenders, and why so many people seem averse to institutional money.Mike and Dan also share updates on their first commercial property and latest investments, delving into the nuances of creative financing and being a leader in your business.Overall, this episode is a lesson on the importance of having the real estate knowledge to combat the lies you see on social media and close deals through creative financing. Tune in now!Topics discussed in this episode:The ethics of real estate investingWhy your real estate knowledge mattersThe reality of using private moneyClosing on a commercial real estate propertyCheck out the FREE Collecting Keys “Sub To Transactions” Master Class!https://collectingkeys.com/subtoIf you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://collectingkeys.com/Check out the Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeys.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://collectingkeys.com/free/If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://collectingkeys.com/keyscon-2023/ and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:https://collectingkeys.com/https://www.instagram.com/collectingkeyspodcast/https://www.instantinvestorprogram.com/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/This episode was produced by Podcast Boutique https://www.podcastboutique.com

What did you think of todays show??Trying to scale your real estate business? You’ve likely already started building a strong portfolio and hiring a team, but have you given any thought to money management?In this episode with real estate investor and CFO Michael Glaspie, we explore the essential role of financial management and planning for entrepreneurs looking to scale. With dual expertise in real estate and finance, Michael shares insights from his experience in fractional CFO services, delving into the importance of tracking finances, understanding gross versus net profit margins, tax strategy and more.He also covers practical financial strategies like the Profit First Method, his favorite way for business owners to reward themselves while also reinvesting back into their business.Tune in to learn more about scaling your real estate business and reaching your goals through money management!Topics discussed in this episode:The role of a fractional CFO in real estateThe importance of money management in business strategyKPIs to look at in your real estate businessOptimizing your business at scaleThe Profit First Method for entrepreneursWhat to expect from CFO servicesConnect with Michael Glaspie:https://www.instagram.com/michael.s.glaspie/https://www.youtube.com/channel/UC2sBtB4DJVkOF4zvvDqqn9whttps://michaelsglaspie.com/Check out the FREE Collecting Keys “Sub To Transactions” Master Class!https://collectingkeys.com/subtoIf you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://collectingkeys.com/Check out the Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeys.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://collectingkeys.com/free/If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://collectingkeys.com/keyscon-2023/ and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:https://collectingkeys.com/https://www.instagram.com/collectingkeyspodcast/https://www.instantinvestorprogram.com/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/This episode was produced by Podcast Boutique https://www.podcastboutique.com

What did you think of todays show??Diversifying your investment portfolio is a smart move, but transitioning from residential to commercial properties brings its own set of challenges and opportunities. With their first commercial property under contract, hosts Mike DeHaan and Dan Austin are learning firsthand the pros and cons of this new asset class.In this episode, Mike gives a quick rundown of the lessons they’ve learned as they navigate commercial real estate investment. From the price of renovations to their experience with lenders, he shares insights on what you can expect when venturing into this market.If you’re curious about commercial property investment, listen to this Friday Focus now!Learn more about the Collecting Keys SCALE Community! https://collectingkeys.com/scale/Check out the FREE Collecting Keys “Sub To Transactions” Master Class!https://collectingkeys.com/subtoIf you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://collectingkeys.com/Check out the Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeys.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://collectingkeys.com/free/If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://collectingkeys.com/ and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:https://collectingkeys.com/https://www.instagram.com/collectingkeyspodcast/https://www.instantinvestorprogram.com/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/This episode was produced by Podcast Boutique https://www.podcastboutique.com

What did you think of todays show??Is the market finally bouncing back from the effects of COVID? Are people finally realizing passive income is a myth?This episode of Collecting Keys is a reality check on what it means to be an entrepreneur and the notion that passive income is a viable path to wealth, especially in the real estate space. Mike and Dan dive deep into the post-pandemic real estate landscape, sharing the market improvements they’re seeing and strategies for taking advantage of these changes.They also discuss the risks and rewards of entrepreneurship, the importance of aligning investments with your risk profile, and the practicality of real estate as a side hustle.For aspiring entrepreneurs, this episode is a must-listen!Topics discussed in this episode:COVID’s impact on real estateThe risks of entrepreneurshipReal estate as a side hustleThe reality of growing a real estate businessCheck out the FREE Collecting Keys “Sub To Transactions” Master Class!https://collectingkeys.com/subtoIf you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://collectingkeys.com/Check out the Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeys.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://collectingkeys.com/free/If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://collectingkeys.com/keyscon-2023/ and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:https://collectingkeys.com/https://www.instagram.com/collectingkeyspodcast/https://www.instantinvestorprogram.com/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/This episode was produced by Podcast Boutique https://www.podcastboutique.com

What did you think of todays show??Curious about diversifying your portfolio or investing in larger assets? This episode with Mandy McAllister, CEO of GoBundance Women, is packed with insights and advice that can help guide you.With a large portfolio that includes multifamily properties and a car wash, Mandy shares her “buy and watch” approach to investing and the strategies that have led to her success. She dives into her decision to buy a car wash, her knowledge on the advantages of agency debt and how she leverages it to protect her wealth.Mandy's role in GoBundance Women and her work with BiggerPockets are also covered, as well as her perspective on investing in cash flowing businesses and long-term wealth building. Tune in now!Topics discussed in this episode:Mandy’s approach to real estate investingThe benefits of agency debtEvaluating commercial propertiesInvesting in cash flowing businesses versus propertiesThe investment strategy behind Mandy’s car washMandy’s work with GoBundance and BiggerPocketsConnect with Mandy McAllister:https://www.mandymcallister.com/https://www.instagram.com/officialmandymcallister/https://www.facebook.com/Officialmandymcallister/https://www.youtube.com/channel/UCzmAp5I-QO4PS3U9kUEXRtQhttps://www.linkedin.com/in/mandymcallister/Check out the FREE Collecting Keys “Sub To Transactions” Master Class!https://collectingkeys.com/subtoIf you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://collectingkeys.com/Check out the Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeys.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://collectingkeys.com/free/If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://collectingkeys.com/keyscon-2023/ and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:https://collectingkeys.com/https://www.instagram.com/collectingkeyspodcast/https://www.instantinvestorprogram.com/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/This episode was produced by Podcast Boutique https://www.podcastboutique.com

What did you think of todays show??Collecting Keys SCALE Community member Eric Clunn is proof that, even with no real estate experience, anyone can become a real estate investor.In this week’s Friday Focus episode, host Dan Austin is joined by Eric to break down his first wholesale deal. He outlines how he followed the blueprint provided in the SCALE Community to find the deal, comped the property, and navigated the acquisition process.Eric also discusses his process for finding a buyer, sharing the strategies that helped him net $8,500 as a first-time wholesaler. Tune in now to hear his success story!Connect with Eric Clunn at eclunn@gmail.com!Learn more about the Collecting Keys SCALE Community! https://collectingkeys.com/scale/Check out the FREE Collecting Keys “Sub To Transactions” Master Class!https://collectingkeys.com/subtoIf you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://collectingkeys.com/Check out the Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeys.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://collectingkeys.com/free/If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://collectingkeys.com/ and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:https://collectingkeys.com/https://www.instagram.com/collectingkeyspodcast/https://www.instantinvestorprogram.com/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/This episode was produced by Podcast Boutique https://www.podcastboutique.com

What did you think of todays show??This episode of the Mike and Dan show is going back to its roots, covering industry headlines that highlight the good, the bad and the ridiculous in real estate. They discuss the controversial strategies and claims made by some real estate gurus, such as inflating success and capitalizing on AI hype, Walmart’s genius business model, and more.Mike and Dan also share their latest real estate wins and challenges, including the formation of a new cold calling team, entering new markets, and the complexities of title issues and their impact on real estate transactions.They dive into the value of sales versus marketing in real estate, the power of outsourcing work and the most important hires for a real estate business.Great real estate investors are masters of solving problems, so tune in for advice on overcoming closing hurdles and accelerating business growth!Topics discussed in this episode:(Real estate) news headlinesPoor ethical practices of real estate influencersHow to handle title company challengesScaling your business by hiringCheck out the FREE Collecting Keys “Sub To Transactions” Master Class!https://collectingkeys.com/subtoIf you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://collectingkeys.com/Check out the Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeys.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://collectingkeys.com/free/If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://collectingkeys.com/keyscon-2023/ and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:https://collectingkeys.com/https://www.instagram.com/collectingkeyspodcast/https://www.instantinvestorprogram.com/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/This episode was produced by Podcast Boutique https://www.podcastboutique.com