Collecting Keys - Real Estate Investing Podcast

What did you think of todays show??FF 191 - Dealing with Shiny Object Syndrome as a Real Estate InvestorOn this episode of Friday Focus, we are going back to our usual format where we answer questions we receive from our community that we think will be beneficial for all our listeners.In today’s episode, our host Mike DeHaan has chosen to answer two questions in a hybrid format. One question is from Jim Martin in Chattanooga where he asked: how do you deal with shiny object syndrome as a real estate investor? The other question is from Otto Kahn in North Dakota who asked: how do you balance the act of generating massive income while you are trying to generate massive wealth?These are all things that any entrepreneur struggles with and it really comes down to focusing your vision to make the right moves. Moves that Mike wants to share with you on today’s episode! You will hear how to avoid shiny object syndrome, why you should focus on making massive income first and the importance of choosing one way to do it, and how to set yourself up for success by creating a nest egg to raise your investment power.No matter where you are in your real estate investment journey, this episode is sure to provide some insight on how to stay focused and how to make massive amounts of wealth in a secure way.You don’t want to miss this one!Topics discussed in this episode:What is shiny object syndrome in real estate and how to deal with itOptions to choose from to focus on to make the most money possibleWhy you shouldn’t hold on to all the property you ownThe importance of focusing on developing a skill set in real estate first Creating a nest egg of cash so you can escalate your wealth growthWhat Altra Mosey means by “The best investment you can make is in the S&ME-500”If 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

The podcast discusses the challenges and risks of owning rental properties, including dealing with bad tenants and unexpected repairs. The hosts recommend starting with wholesaling before investing in rentals. They share anecdotes about their experiences as landlords and offer tips for prospective landlords. The podcast also explores alternative passive income options, such as investing in hard money businesses or debt funds. The hosts express skepticism about the profitability of rental income touted on social media.

What did you think of todays show??In today’s episode we dive deep into a topic that many of you may not be totally versed on, short sales and pre-foreclosure. Even though there isn’t a huge market for this, it is still a way to make money in real estate, which is why we have brought in a short sale and pre-foreclosure expert to give us some insight, Bob Vieira.Our hosts Mike DeHaan and Dan Austin sit down with Bob to pick his brain about all things short sale and pre-foreclosure. They discuss how a short sale comes to be, how to put a short sale deal together and the process, how to market it, where in the U.S. these deals are more prominent, and much much more!Bob is a well rounded expert in this field bringing a wealth of knowledge on this topic that we believe will be getting more traction in the years to come. So if you want to get ahead of the curve, which if you are a listener of this show, we know you do, tune into today’s episode for a crash course on short sales and pre-foreclosures.You don’t want to miss this one! Topics discussed in this episode:A simple explanation of what a short sale isHow Bob got into a short sale focus in his businessBob’s first ever short saleThe order of operation of a short saleWhat to do if the property is appraised too high but below mortgage valueHow do you work in the margin in a short sale?A common situation where short sales take placeHow people are using their equityIs there a demographic that is in pre-foreclosure?How Bob’s short sale business worksBob’s biggest real estate lossIf 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:

What did you think of todays show??EP 188 - Deal Case Study - Real Time Analysis of a Mike and Dan DealOn today’s Friday Focus episode, our host Dan Austin joins us to dissect a real time analysis of a deal Mike and Dan are currently in. Dan hopes to give you a full picture of how deals start out and the initial numbers that are worked out,  where they will eventually share how the deal completes as it happens in the coming episodes.Dan goes over how this deal came in and the marketing involved, the type of home and seller they were dealing with, the type of financing that is out there and the hierarchy of what is best, the type of financing that was used for this deal, their thought process while running the numbers, as well as the final initial quote and deal they all agreed on.This deal case study is being presented as a tool to understand how deals go down in real time and how the initial numbers may or may not match the outcome. Either way, join us on the journey of this deal to find out how it goes!Topics discussed in this episode:How the deal came inThe type of home and its value according to Mike and DanThe key to a real estate investor’s business: convenienceWhy we need to start using creative financing as a toolThe seller financing negotiation that took placeThe final initial numbers agreed onRisks and opportunities with this property and dealIf 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??Consumer Debt Concerns, Increase in Underwater Sellers, Can Rent Keep Rising?Episode 187We’ve all noticed the larger grocery bill, rising labor costs, even mortgage and insurance payments, but will inflation have a major, long-lasting effect on real estate?In this episode, your hosts talk about the rise of consumer debt, if the inflation bubble will pop, and what rising rent prices mean for the economy. This leads to a discussion on the “golden handcuffs” phenomenon, the increase in underwater sellers, and more.Mike and Dan also share weekly updates on Collecting Keys business, including deals currently in escrow and how partners in the Instant Investor program are succeeding in this tough time.Tune in to hear what the future might look like for real estate investors!Topics discussed in this episode:How HOAs are causing us problemsThe rise in consumer debtWhat rising rent prices mean for the economyGolden handcuffs phenomenonWhy we’re seeing so many “underwater” sellersWhat’s new in Collecting Keys businessIf 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??Hustling your way to Millions with Lars AndersonEpisode 186Real estate is unlike most other careers in that anyone can scale a business and gain financial independence in just a few years.Lars Anderson, a real estate agent and investor for only 4 years, is one of those people that has built wealth through hard work, consistency and discipline. His mindset is what empowered him to become an expert in his area, where he’s invested in multiple asset types.In this episode, Lars shares his buying strategy, how he grew his impressive portfolio and establishes trust with sellers. He also talks about his big wins and the mistakes he’s learned from.Tune in as we discuss the power of mindset, how to succeed in real estate, and more!Topics discussed in this episode:Lars’ approach to life and workHow mindset helped him become more and more successfulThe importance of disciplineWhat’s in his portfolioWhere Lars finds his dealsHow he stands out amongst the competitionOne big real estate win and one mistakeHow to find guidance/mentorshipConnect with Lars Anderson:https://www.facebook.com/LarsAndersonRealEstate/https://www.instagram.com/larsy.anderson/If 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 185 - Deal Case Study - Buying A Property with Code ViolationsWe are doing something a little different on this week’s Friday Focus episode. Our host Mike DeHaan sits down with Dylan Koch from the Instant Investor program, to talk about a deal Dylan facilitated where the home had multiple code violations.Mike and Dylan discuss the type of property in question, how the deal was found, what type of seller Dylan was working with, the code violations presented by the city, and how this deal was actually quite lucrative at the end of the day.Mike uses this case study as a learning tool on how to avoid situations like this as well as possibly opportunities that can be found in not so desirable situations.So tune in to learn more about what to do when buying a property with code violations, and much more!Topics discussed in this episode:The type of property Dylan was working withHow Dylan found the deal and what the seller was likeThe code violations Dylan learned about after the deal was doneWhy the buyer stuck with the dealWhat Dylan learned after doing this dealIf 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??Buying More A Class Houses, Things that WILL Affect Housing Prices, Are We Real Estate Curious?Episode 184The state of the real estate market is kind of stale lately, but that doesn’t stop hosts Mike and Dan from finding something interesting to talk about. Even with not ideal rates and rising prices, they’re still having a closing frenzy this week.We’re seeing more turnkey properties, and it might be because sellers are seeing the value in working with investors versus real estate agents. Not only are your hosts making deals, but everyone in the Instant Investor Group is doing great. In fact, one member made his entire salary in just one week.In this episode, Mike and Dan also discuss what’s going on with Florida’s insurance companies, how they’re bringing down property values, and what rising housing prices will do to your tax bill. But luckily, you’ll hear a creative way to get around an increase in taxes for rental properties.Plus, find out what Mike and Dan would do if they were billionaires, how much they know about Twitter’s rebranding, and why Dan never wants to buy a house. Tune in for all this and more!Topics discussed in this episode:What’s changed (or hasn’t) in real estateWhy the current market is good for investorsHow we got tenants out of properties during COVID timesThe most important relationships to build for investorsTwitter’s rebrandingHow insurance companies are bringing down property valuesA major downside of higher housing pricesIf 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 Use Cold Calling As Your Primary Deal Source with David PupoEpisode 183“Right now in this current market, you gotta be able to understand. You can't be just a one-trick pony.”This statement from guest David Pupo perfectly demonstrates what it takes to succeed as a real estate investor. The market is always changing, and with high rates and shifting attitudes towards homeownership, it’s crucial to have the real estate knowledge to make creative deals with an exit strategy.David’s company, Florida House Buyers, is a traditional real estate investment business that’s found success in not only wholesaling but flips, novations, and more. In this episode, he shares their marketing tactics, disposition process, and which method he prefers for lead gen. David and Mike also talk about why virtual real estate businesses make sense in this market.Plus, they offer up priceless tips on growing as a real estate investor. Tune in now to hear them!Topics discussed in this episode:What deals they’ve procured this yearHow David transformed his company to fully virtualWhy he primarily uses cold calling for lead genKPIs and how his company became successfulHow they find buyers and their approach to marketingBuilding relationships in their disposition processDavid’s three-offer methodThe dos and don’ts of pitching novationsTips to build a wholesaling businessLearn more about Florida House Buyers! https://www.myfloridahousebuyer.com/Connect with David Pupo:https://www.tiktok.com/@dollarswithdavidhttps://instagram.com/dollarswithdavid/Check out how David earned $58,000 on a single deal in this FREE case study! https://www.tripleoffer.com/If 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.insta

What did you think of todays show??EP 182 - Where is Real Estate Headed the rest of 2023On this week’s edition of Collecting Keys Friday Focus episode, our host Mike DeHaan wants to discuss something that has been on his mind, and probably a lot of yours. What is going to happen to the real estate market in 2023?Now, Mike can’t see into the future, but he has been successfully investing in real estate for over five years, so he knows a thing or two about the real estate market and how it fluctuates. Thankfully, it’s not all doom and gloom, but things are definitely changing, as they always do, so this episode is important for anyone curious about how they should be investing in real estate for the rest of this year.In this episode, you will hear a highly educated prediction on if the real estate market will in fact crash, which types of homes will do well in the 2023/2024 market, who will be buying and who will be renting, along with what might happen once the inevitable tipping point is reached. You will also hear about exciting investment opportunities to look for as well as what you should be doing as an investor.If the fate of the real estate market has been heavy on your mind, this episode is for you.You don’t want to miss this one!Topics discussed in this episode:Will we see a giant real estate crash?Which homes will sell and which homes may notWho can afford to buy in this market and who can’tMike’s prediction on what happens after the housing market tipping pointWhat you should be doing as a an investor or wholesalerOpportunities in the off-market communityIf 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