Collecting Keys - Real Estate Investing Podcast

What did you think of todays show??Wholesaling Ethics, Training Sales Managers, The Rise of SCAMS in Real EstateEpisode 211Real estate wholesalers get a bad rep for being slick, untrusty people who only care about making money, but that’s because some of us are working with the wrong mindset. The truth is, helping sellers will yield better results for both them and your business.That’s why this episode of the Mike and Dan show is all about the topic of integrity, from the business ethics that will affect your growth in the industry to how to avoid scams in real estate. You’ll learn the skills you need to provide value to sellers, the consequences of not being transparent with the people you’re working with, and the dos and don’ts of negotiating contracts.Mike and Dan also cover the news headlines about Matthew Motil, a real estate investing podcast host who was recently arrested for an $11 million Ponzi scheme. Plus, find out how Mike and Dan train their sales team and what makes a good salesperson.Tune in as we discuss the ethics of wholesaling, the rise of scams in real estate, and more!Topics discussed in this episode:Renegotiating deals with integrityThe consequences of being a greedy investorWoes of working with hard money lendersOur approach to training salespeopleHow to invest safely (and legally)Learn how to start your own real estate investing business in the NEW Accelerator program! Sign up for one of 10 spots here: https://www.collectingkeyspodcast.com/launchIf you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/storeCheck out the NEW Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeyspodcast.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:https://www.collectingkeyspodcast.comhttps://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

Real estate investor Amanda Cruise shares her journey from buying duplexes to mobile home parks, emphasizing the importance of education, networking, and taking action. She discusses finding deals, working with brokers, financing, and criteria for property selection. Amanda's insights on learning a new asset class, building a portfolio, and overcoming fear offer valuable advice for new investors looking into mobile home parks.

What did you think of todays show??EP 209 - Deal Case Study - Off Market Lake CabinOn today’s Friday Focus episode, we are joined by a member of the Instant Investor Mastermind community, Drake Johnson, also known as The Drake Johnson on Instagram. He has achieved significant success in real estate over the past year and is known for his deal-making skills, and he wants to share his knowledge with all of you!In this episode, Drake Johnson shares a deal case study of a single-family residence he acquired through direct mail (our favorite!). The property was an absentee inherited home that had been vacant for seven years. Drake developed rapport with the seller and set clear expectations. After negotiating a price reduction due to unexpected repairs, Drake and his JV partners decided to do a quick flip. They made minor renovations, listed the property, and received multiple offers within a week. The property sold for $269,000, resulting in a gross profit of $100,000! This is the type of ROI that will have you skipping to the bank.Drake emphasizes the importance of taking calculated risks and building relationships with partners to be able to achieve this sort of success. So if a $100K profit sounds appealing to you, be sure to tune in.You don’t want to miss this one!Topics discussed in this episode:Building rapport and setting clear expectations with sellersHow using direct mail generates responsive leadsUsing unexpected repairs to negotiate price reductionsProperly analyzing the market and propertyThe benefits of bringing in partners who provide additional valueLearn how to start your own real estate investing business in the NEW Accelerator program! Sign up for one of 10 spots here: https://www.collectingkeyspodcast.com/launchIf you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/storeCheck out the NEW Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeyspodcast.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:https://www.collectingkeyspodcast.comhttps://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??Do you Actually Need to Renovate Units in your Rental Properties?Episode 208Renovating a property has the potential to increase ROI, but it can’t solve problems like a bad neighborhood. While you should always aim to create value as a real estate investor, there are many factors you should consider before spending on a renovation.In this episode, Mike and Dan give updates on a nightmare rental property, and share why they’re choosing not to do major renovations on its units. They discuss renovating as a common mistake among new real estate investors, and why deferred maintenance is sometimes the best financial option.They also take a look at the current real estate market, covering the impact of inexperienced investors in this slower market, the supposed downfall of the BRRR method, and why it’s a great time for seller-finance deals (Mike and Dan’s favorite type of deal)!Tune in for all this and MORE.Topics discussed in this episode:Is it a good time to get started as a real estate investor?How inexperienced wholesalers are affecting the marketUpdates on our bed bug nightmareWhen you should and shouldn’t renovate a rental propertyWhat we’ve learned from tenant issuesThe benefits of seller finance dealsLearn how to start your own real estate investing business in the NEW Accelerator program! Sign up for one of 10 spots here: https://www.collectingkeyspodcast.com/launchIf you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/storeCheck out the NEW Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeyspodcast.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:https://www.collectingkeyspodcast.comhttps://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??Real Estate Investment Opportunities in Canada with Nick HillEpisode 207Nick Hill of The Canadian Real Estate Investor podcast and his partners have made a huge name for themselves in Canadian real estate. He’s a mortgage agent, real estate investor, and works in brokerage and lending services through their company, LandBank. Nick’s success in all these areas come down to the fundamentals of real estate, which he and Mike discuss today.In this episode, Nick talks about his real estate career, how he’s grown his businesses with his podcast, and his goals for the future. Plus, he has wonderful advice for new investors looking to break into real estate.You’ll also learn the nuances of Canadian real estate, including the major differences between real estate in the United States and how that changes Nick and his team’s approach to prospecting deals.Tune in to learn more about Canadian real estate, their housing culture, and more!Topics discussed in this episode:Nick’s real estate career and businessesReal estate growth and challenges in CanadaHow his team assesses dealsThe “missing middle” and housing crisisThe LandBank team and their brokering/lending processUsing a podcast to grow your business and brandOur crazy real estate storiesThe best way to get started in real estateListen to The Canadian Real Estate Investor podcast! https://thecanadianinvestorpodcast.com/podcast/the-canadian-real-estate-investorhttps://www.instagram.com/mybuddynick/https://twitter.com/mybuddynick89You can email Nick at nick.hill@landbankinvestors.ca!Learn how to start your own real estate investing business in the NEW Accelerator program! Sign up for one of 10 spots here: https://www.collectingkeyspodcast.com/launchIf you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/storeCheck out the NEW Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeyspodcast.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:https://www.collectingkeyspodcast.comhttps://www.instagram.com/collectingkeyspodcast/https://www.instantinvestorprogram.com/

What did you think of todays show??EP 206 - Everything you need to know about Private Money LoansIn this Friday Focus episode, our host Dan Austin discusses the concept of private money lending and its benefits for real estate investors. He emphasizes the importance of leveraging other people's money to expand one's capacity and keep the business running smoothly. Dan has extensive experience in private money lending and has successfully used it to grow his real estate business, and he wants to share his knowledge with all of you!Private money lending offers flexibility, fast closing times, and ease of use compared to traditional lending sources. So in this episode, Dan shares his tips on how to find private money lenders, such as networking, social media, and investor meetups, as well as how to build a track record and prove one's ability to operate a successful business before seeking private money loans. Additionally, Dan provides insight into the essential documents needed for private money lending, while emphasizing the importance of professionalism and ethical practices when dealing with private money lenders.We are hitting you with a lot of valuable information in this episode, so be sure to have your notepad ready. You don’t want to miss this one!Topics discussed in this episode:Expanding your capacity and leveraging other people’s money through private money loansKey benefits of using private money loans compared to traditional lending sourcesHow to build a track record to prove your ability to operate a successful businessEssential documents needed for private money lendingTips on professionalism and ethical practices when dealing with private money lenders.Learn how to start your own real estate investing business in the NEW Accelerator program! Sign up for one of 10 spots here: https://www.collectingkeyspodcast.com/launchIf you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/storeCheck out the NEW Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeyspodcast.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:https://www.collectingkeyspodcast.comhttps://www.instagram.com/collectingkeyspodcast/https://www.instantinvestorprogram.com/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/This episode was produced by

What did you think of todays show??How to be Safe When Walking Properties, Strategizing Mike's Property Sale, Double Closing with 2 Title CompaniesEpisode 205Have you ever owned a property and struggled with the decision to rent or sell?In this episode of the Mike and Dan show, Collecting Keys hosts discuss whether Mike should keep a rental property he’s been wanting to sell, and if he does sell, when he should list it. You’ll hear a strategy session on the pros and cons of each option, their horror stories of walking through properties, and a PSA on how to be safe when visiting new sellers.Plus, do you remember that double closing first shared in episode 138? As Mike and Dan reflect on some of their most recent challenges in the closing phase, they also fill you in on how the deal is progressing.Tune in for all this and more!Topics discussed in this episode:How to protect yourself when visiting a new propertyRenovation updates on our lease-to-own propertyUsing our portfolio to take risks and cover costsWhat should Mike do with his rental property?Challenges in our businessLearn how to start your own real estate investing business in the NEW Accelerator program! Sign up for one of 10 spots here: https://www.collectingkeyspodcast.com/launchIf you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/storeCheck out the NEW Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeyspodcast.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:https://www.collectingkeyspodcast.comhttps://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??Using Real Estate To Leave A Legacy with Calvin ChinEpisode 204Like many of us, today’s guest discovered real estate after deciding he wanted to leave his W2 job. The journey to leave his high-salary job and turn his real estate side hustle into a full-time job was filled with challenges that new investors like you can learn from.Calvin Chin is a successful real estate investor doing everything from multi-family to short-term rental properties, and wellness centers. Real estate investing is his first priority, but he’s found true fulfillment in being a problem solver, building businesses that support his investments and his desire to leave a legacy and make a positive impact.In this episode, Calvin goes over his portfolio and businesses in real estate investment, brokerage, property management and more. He also shares how he scaled his real estate business, and the importance of resiliency when learning the ropes as a real estate investor.Tune in to hear his tips on creating your own legacy as a real estate investor!Topics discussed in this episode:How Calvin grew his real estate portfolio while working a W2 jobVirtual investing in out-of-state marketsLessons learned from his first big investmentMaking the shift from a W2 job to full-time real estate investorBalancing investing and building businessesCalvin’s portfolio and businessesAdvice to new and growing real estate investorsConnect with Calvin Chin on Facebook! https://www.facebook.com/calvin.george.12/Learn more about Calvin’s coaching and investing businesses:https://www.zencoastuniversity.com/https://www.zencoastcapital.com/Learn how to start your own real estate investing business in the NEW Accelerator program! Sign up for one of 10 spots here: https://www.collectingkeyspodcast.com/launchIf you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/storeCheck out the NEW Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeyspodcast.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:https://www.collectingkeyspodcast.comhttps://www.instagram.com/collectingkeyspodcast/https://www.instantinvestorprogram.com/https://www.instag

What did you think of todays show??EP 203 - Deal Case Study - The Pig HouseOn today’s Friday Focus episode, we are speaking with Dylan Koch, real estate investor and member of the Instant Investor Mastermind program. He has a background in single-family home investments and has successfully completed deals using direct mail leads. Dylan is known for his ability to find motivated sellers and negotiate profitable deals, and he wants to share how he does it with all of you! ​In this case study episode, Dylan shares the story of a single-family home deal he did using a direct mail lead. The seller was an absentee owner who had not been to the property in years and had squatters living inside. Dylan negotiated a contract for $20,000 and filed for eviction to remove the squatters. On the day of the eviction, a large pig (yes, you read that right!) was discovered in the house, adding an unexpected twist to the deal. Tune in to hear the entire case study start to finish and find out how Dylan eventually sold the property to another investor for a $10,000 profit.You don’t want to miss this one!Topics discussed in this episode:Consistency and follow-up are crucial in real estate investingMotivated sellers can be found through direct mail leads Deals with unique challenges, such as squatters, can still be profitableBuilding a network of experienced investors can lead to profitable partnershipsConfidence and experience allow for more options in deal executionLearn how to start your own real estate investing business in the NEW Accelerator program! Sign up for one of 10 spots here: https://www.collectingkeyspodcast.com/launchIf you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/storeCheck out the NEW Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeyspodcast.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:https://www.collectingkeyspodcast.comhttps://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??What the TOP Real Estate Investors are currently doing, Not everyone should "Buy a Business," Prepare for our REI AcceleratorEpisode 202“It's not easy, but it's simple to make very legitimate money when you have a pipeline of deals, which isn't that complicated to build.”The truth is, it ISN’T complicated to start a real estate investing business. You don’t even need a lot of money to get started, just a thought-out process and consistency.In this episode, Mike and Dan go over their simple process for building a pipeline of deals and what it takes to scale a business. They also examine what the top investors are doing to get ready for a turnaround in the market, and how you should be preparing too.There are many advantages to owning your own business, but if you’re thinking about trying the “get rich quick” trends on social media, listen to this episode to find out what red flags to look out for before taking financial advice from these influencers.Plus, the Collecting Keys business is expanding! The new Accelerator program is launching on October 1st and your hosts are excited to tell you how it can jumpstart your real estate investing business.Tune in to learn more about this launch, and why now is a great time to get into real estate investing!Topics discussed in this episode:What we’re noticing in the market and how investors are respondingThe truth about buying businessesWhy you should avoid most influencer trendsAdvantages of owning your own businessOur simple approach to building a real estate businessWhat we’re offering in the new Real Estate Investor Accelerator programLearn how to start your own real estate investing business in the NEW Accelerator program! Sign up for one of 10 spots here: https://www.collectingkeyspodcast.com/launchIf you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/storeCheck out the NEW Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeyspodcast.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:https://www.collectingkeyspodcast.comhttps://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