Collecting Keys - Real Estate Investing Podcast

What did you think of todays show??Entrepreneurs often get so caught up in getting the perfect logo or website made that they end up neglecting the fundamental aspects of starting a business. Host Mike DeHaan calls this “productive procrastination,” and he has more to say on the topic in this week’s Friday Focus.In this episode, Mike dives into the early stage pitfalls of branding, and gives a quick summary of how new and established businesses should approach the branding process. You’ll learn at what point in your business you should focus on branding versus when your time and money would be best spent on business development and growth.Mike also tells the story of what he names his first real estate business, and his mistake highlights the importance of choosing the right name for your industry.Tune in to hear what steps you should take to start branding your business!Topics discussed in this episode:How to approach branding as a new investorWhat makes a good business nameBranding for established businessesIf you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/storeDownload 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:http://www.collectingkeyspodcast.comhttps://www.instagram.com/collectingkeyspodcasthttp://www.instantinvestorprogram.comhttps://www.instagram.com/mike_investshttps://www.instagram.com/investormandanThis episode was produced by Podcast Boutique https://www.podcastboutique.com

What did you think of todays show??Creative Financing Will Cause the Next Real Estate CrashEpisode 223From the office space crunch to the affordable housing crisis, there’s a lot shaping the real estate market and Collecting Keys hosts, Mike and Dan, have felt the impact in all of their businesses. In fact, they’ve had the slowest October on record and their lending business is experiencing its first ever foreclosure.In this episode, you’ll hear about how they’re dealing with this situation as they share basic guidelines to having a lending business. Mike and Dan also discuss the ethics of wholesaling, mistakes newer investors are making, and the complexities of the current real estate market, including and what allows them to survive issues like longer negotiations and impacted deal flow.But it’s not all bad! Mike and Dan have some exciting stuff going on in the Instant Investor program, and they also have advice on what you can do to navigate this market and prepare for a potential market crash.Tune in to hear what’s affecting the real estate market, and what challenges you might see in the future!Topics discussed in this episode:Lessons from our first foreclosureHow the housing/affordability crisis is affecting the marketCreative financing and the impending will real estate crashThe ethics of wholesalingEstablishing a lead pipeline and building a networkLearn 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??How to Raise Private Money The Right Way With Justin MorganEpisode 222Back when wholesaling was simply called “paper flipping,” today’s guest was making easy money. But then came the 2008 financial crisis, and everything about the market changed.Joining us on the show today is Justin Morgan, a real estate veteran who was hit hard just like everyone else, but found opportunity in the crisis and stayed in the game. In this episode, he breaks down how he survived the financial crisis and navigated the dynamic real estate market to scale his business throughout the years. You’ll hear about his transition into commercial real estate, why he turned to using private money, and his experience with an SEC investigation.Justin also enlightens us on the value of joining masterminds and mentorship, private money versus hard money, and the power of cash flow. Plus, he offers up a ton of tips on how to raise private money and use social media effectively.Tune in for all this and MORE!Topics discussed in this episode:What wholesaling was like in 2005How the 2008 financial crisis affected his businessJustin’s short sale strategiesTransitioning into commercial real estateHow mentorship accelerated his growthJustin’s strategy for raising private moneyInvesting with private money versus hard moneyHow to build trust and a network of potential lendersThe story of Justin’s first creative financing dealThe mindset will get you what you want in real estateConnect with Justin:https://www.instagram.com/iamjustinmorgan/https://raisingprivatemoneymatters.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.instagram.com/mike_invests/https://www.instagram.com/investormandan/This episode was produced by Podcast Boutique

What did you think of todays show??EP 221 - Should you wholesale, flip or hold your next deal?Dan is taking over this Friday Focus episode to answer this listener question: How do you determine whether you’re going to flip, keep or wholesale a property?In this episode, you’ll hear multiple examples of how Dan and Mike approach their decision-making process, including keeping their pipeline and lead flow the first priority. Dan shares how he and Mike assess a property and strive to increase their ROI, as well as the exit strategies they avoid.Dan also goes over the importance of having a massive income mindset, taking inventory of your resources to weigh your options, and whether it’s a good idea to “go out of your buy box.”Tune in for advice on when you should wholesale, flip or hold your next deal - and not lose money!Have another question you’d like answered in an upcoming episode? Message @InvestorManDan on Instagram!Topics discussed in this episode:The dos and don’ts of deciding a property’s fateCapital versus cash flowMistakes to avoid when you’re a newbieHow Dan and Mike evaluate their propertiesA recent deal where they got creative to increase ROIIf you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/storeDownload 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:http://www.collectingkeyspodcast.comhttps://www.instagram.com/collectingkeyspodcasthttp://www.instantinvestorprogram.comhttps://www.instagram.com/mike_investshttps://www.instagram.com/investormandanThis episode was produced by Podcast Boutique https://www.podcastboutique.com

What did you think of todays show??Lessons from a Millionaire ConferenceEpisode 220Collecting Keys hosts Mike and Dan have always driven about the importance of networking as a real estate investor. Well, this past week they put their words into action and attended a week-long Gobundance millionaire conference.In this episode, you’ll hear about their experience and what they learned about being successful beyond just business. They talk about the positive impact of being around like-minded people, the stress of reaching that first level of millionaire status, the role your circle and values play in expanding your empire, and MORE.Mike and Dan also share issues that occurred while they were away at this mastermind conference, as well as the problems they’ve been having lately with third-party providers. This leads into a discussion on the vulnerabilities of business and how to prepare for things to go wrong.Even if you can’t attend one of these masterminds yet yourself, this episode will give you a look into what they have to offer. Tune in now!Topics discussed in this episode:Dan and Mike’s main takeaways from the Gobundance conferenceThe advantages and challenges of vertical integrationCombating vulnerabilities with a business continuity planBuilding a pipeline of potential hiresBusiness updates and what to expect in a future episodeLearn 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??Reverse Engineering Your Financial Freedom with Ali GarcedEpisode 219After a decade-long career as a Special Agent in the Air Force, Ali Garced decided she wanted out of her government job and her exit strategy was real estate. But she didn’t jump right into investing, instead earning her real estate license and growing her knowledge before building a portfolio.Now a realtor, real estate investor and podcaster, she’s joining hosts Mike and Dan in this episode to share her journey to achieving financial freedom. From using VA loans to jumpstart her portfolio, finding sponsorship and choosing the perfect brokerage firm, there’s a lot to learn from her path to success.During this episode, you’ll find out how Ali reverse engineered herself to financial freedom, the benefits of VA loans, why she’s using The Shred Method to pay off her mortgages, and MORE. Plus, Ali has amazing advice for networking and VA loan offers accepted.If you’re risk-averse like Ali, a veteran or real estate professional who works with military families, this is a can’t-miss episode!Topics discussed in this episode:What led her to become a real estate agent and investorHow she grew her knowledge and chose the perfect teamThe right mindset for an entrepreneurAdvancing your career through sponsorshipThe perks of VA loansTips to get offers accepted using a VA loanGotchas of VA loansWhat you need to know about assuming a VA loanThe Shred Method to pay off mortgagesAli’s final advice for new investorsYou can text Ali Garced at 914-318-4918 and connect with her on Instagram! https://www.instagram.com/ali_the_agent/Learn more about becoming a realtor at https://garcedrealty.com/.tListen to Ali’s podcasts:https://invest2fi.com/https://www.theagentgoldmine.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.instan

What did you think of todays show??EP 218 - Deal Case Study - Property Damage While Under ContractThe first deal as a new real estate investor is an exciting moment, even if it doesn’t go as planned. It means your hard work has paid off and you’re starting to gain real experience that will guide you in your journey to financial freedom.In this Friday Focus episode, host Mike DeHaan is speaking to Instant Investor program member Nick Rozenbeck about the ups and downs of his first deal. From an easy acquisition with a motivated seller to surprise property damage, there were more than a few challenges to overcome in order to make a profit.Tune in to find out how Nick made it out of this deal a winner, and what he learned in this quick case study episode!Topics discussed in this episode:How Nick found the deal and got it under contractThe first challenge of the dealNick’s exit strategyKey takeaways from his experienceIf you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/storeDownload 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:http://www.collectingkeyspodcast.comhttps://www.instagram.com/collectingkeyspodcasthttp://www.instantinvestorprogram.comhttps://www.instagram.com/mike_investshttps://www.instagram.com/investormandanThis episode was produced by Podcast Boutique https://www.podcastboutique.com

What did you think of todays show??How To Network With More Seasoned InvestorsEpisode 217Networking is a key skill for growing your real estate investing business, but do you know how to network and then nurture those relationships?In this episode of the Mike and Dan show, your hosts discuss how to bring value to seasoned investors, even as a new or inexperienced investor, and learn from the entrepreneurs around you at every stage of your real estate career. They also delve into real estate sales tactics, myths about wholesalers, and the challenges they’ve been experiencing with title companies and lenders.Plus, the Collecting Keys Instant Investor program mastermind weekend, KeysCon, is a month away! Mike and Dan give updates on the event and explore why masterminds like KeysCon are crucial to scaling your real estate business.Tune in as we talk about the importance of networking with seasoned investors, helping sellers as a wholesaler, and MORE!Topics discussed in this episode:Converting leads into salesThe perks of having an established real estate businessBad real estate sales tacticsThe value of networking eventsHow to bring value as a new investorClosing nightmares and what we’re expecting in Q4Learn 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 Service Providers To Find Distressed Properties with McKinney HollandEpisode 216Remember the story we shared back in episode 86 about an Instant Investor Program member who built an awesome lead gen system by creating a junk removal proxy business? Well, his name is McKinney Holland and he’s on the show today to talk about his real estate journey.McKinney is one of the first Instant Investor members, and he’s the poster boy for what you can achieve when you have an entrepreneurial spirit and take advantage of what a mastermind has to offer. He still works a W2 job but is set to make $200,000 from his real estate business this year, boasting high response and conversion rates.In this episode, McKinney shares how he went from being interested in real estate as an accountant to a hard money lender to starting new businesses and entering niche markets. You’ll learn his process for direct mail, closing deals on pre-foreclosures, and how he keeps margins tight to yield big returns.Tune in to hear how McKinney runs his business and what he’s planning for the future!Topics discussed in this episode:How McKinney started his real estate careerHis junk hauling lead gen businessesHow he saves on direct mail marketingHis lead gen system for targeting pre-foreclosuresWhy he’s investing in Flint, MIWhat’s contributed to his successThe power of networking and engagement McKinney’s goals and plans for the futureOne of his wild real estate storiesTips for speaking to sellersLearn 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??EP 215 - Don't let your seller's problems become your problemHave you ever gone into an investment deal that sounded great, only to encounter seller problems that lessened its appeal? What did you do? Did you cut your losses or hold on and try to make it work?It’s easy to be deterred by seller problems like tenants that need evicting and litigation costs, but there might be another approach that makes the deal worth it for you. On the other hand, sometimes the problems just aren’t worth the time and energy (and sometimes money) that’s required for a deal to make sense. But the real issue is when we don’t keep sunk cost bias in mind, and we’re left feeling like we have no choice but to keep pursuing a deal.In this episode, host Dan Austin tells the story of a deal they’re currently negotiating that started off easy but has been complicated by seller problems. He shares how these problems have impacted the deal, and what they’re changing to make the deal work for them. Plus, you’ll find out how you can get free advice and free swag from @InvestorManDan himself!Tune in to learn how to avoid letting your seller’s problems become your problems!Topics discussed in this episode:The problems in our current dealWhat would make the deal worth itHow we’re pivoting to make the deal work for usIf you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/storeDownload 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:http://www.collectingkeyspodcast.comhttps://www.instagram.com/collectingkeyspodcasthttp://www.instantinvestorprogram.comhttps://www.instagram.com/mike_investshttps://www.instagram.com/investormandanThis episode was produced by Podcast Boutique https://www.podcastboutique.com