Collecting Keys - Real Estate Investing Podcast

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

What did you think of todays show??Optimizing Your Efficiency For Maximum Success with Taylor DoolittleEpisode 201If you truly want to build a successful business as a real estate investor, setting priorities and managing your time is paramount. And if you also want to maintain a work-life balance, you must be intentional about setting goals and making decisions in your business that align with your goals.Today’s guest, Taylor Doolittle, a realtor and real estate investor based out of Minneapolis, has mastered this balance. In this episode, he shares the techniques that have helped him increase productivity and scale his real estate business and investor portfolio. But time management and consistency aren’t the only skills that have helped him grow his businesses.Taylor and the hosts of Collecting Keys talk about the importance of providing value to sellers, and he covers his process for prospecting and building a network of both buyers and sellers. He also has tips on how to talk to them in this challenging market, and how you can stop procrastinating and start taking action.If you use the excuse of “never having the time” as the reason you can’t start or level up your business, this episode is for you. Tune in now!Topics discussed in this episode:Commonalities between entrepreneurship and endurance trainingTaylor’s real estate business and investor portfolioHow Taylor grew his real estate business and sources dealsPractices that will help you stay disciplined and manage your timeA lesson on the cost of doing businessConnect with Taylor Doolittle:https://www.facebook.com/TaylorDoolittleRealEstate/https://www.linkedin.com/in/taylor-doolittle/https://www.instagram.com/taylor.doolittle/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

What did you think of todays show??EP 200 - How Mike Operates His Business While TravelingOne of the many benefits of being a real estate investor is not just financial freedom, but the freedom to travel and live your life without the restrictions of a W2 job. But there are a few things to consider before you book a vacation overseas and let your business stand on its own.Business owners don’t truly get time off — they can’t just put in for two weeks' vacation and leave their work in the office. It’s not always easy, but Mike has been away for a month at a time and was able to enjoy his trip while also being available to Dan and their employees.In this episode, Mike dives deeper into the systems he and Dan have in place when he’s away for longer periods of time. From setting up systems to making sure someone is making necessary decisions while you’re away, you’ll find out what steps to take that will allow you to travel and not worry about your business (as much).Tune in to find out how you can run your business and make money even while traveling!Topics discussed in this episode:What it’s like to travel as a business ownerWhy you need to establish chain of command while you’re goneHow to set up systems and prepare for issuesThe mindset you need going on vacation as a business ownerIf 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??Title Company Drama, In Person Masterminds, and Making $10k in 1 month FASTEpisode 199Mike is BACK after his 2 week trip to Europe. How the business do in his absence and how can you ensure your business operates in a way that allows you to travel? Listen to this epsiode to find out.During this episode, hosts Mike and Dan share how systems and processes theyve put together allow them to step away from time to time and, although not perfect, keep the business operating without too much of a hiccup. Next they dive into the mindset and practices you need to get comfortable with if you really want to scale your business. Once you know the basics, its all about systems and consistency and they dive into exactly what that looks like.Finally, they talk about their most recent Seller Finance acquisition and their strategy to BRRRR the property while still maintaining their sweet seller finance terms. Its not as complicated as you might think, you just need to understand your options.Tune in for another installment of the Mike and Dan show!Topics discussed in this episode:Systems that allow your business to run while you travelThe benefits of stepping away from your business from time to timeThe mindset you need for your business to scale.Why most people are unable to scale their businessesHow it is possible to BRRRR a seller finance deal without needing to pay off the loanIf 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??Building The Rental Property Snowball with Jordan MoorheadEpisode 198Thinking of a career in real estate but don’t have the capital? House hacking may be the jumpstart you need to start making deals and building wealth.According to today’s guest, Jordan Moorhead, house hacking is the training wheels of real estate, offering a great opportunity to learn the basics of real estate — and it’s hard to mess up. He’s now a successful realtor and real estate investor, but started house hacking with a small amount of money and has continued to use the strategy throughout his career.In this episode, find out how Jordan used house hacking to scale his business, what he looks for in a property, and why having a business partner is beneficial, especially for new investors. He also talks about house hacking by way or renting versus a live-in flip, and Mike shares his own experience with living in a home he was flipping.Tune in to learn more about house hacking, reinvesting your money, and scaling your business!Topics discussed in this episode:The evolution of Aaron’s real estate careerWhat he loves about living and working in TexasWhy house hacking is a great entrypoint into real estateThe benefits of house hacking and having a real estate partnerWhat makes a good property for house hackingHouse hacking when you have a familyReach out to Jordan Moorhead on Instagram:https://www.instagram.com/jordan_moorhead/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 197 - Dan's Top Tips For Your Next Mail Campaign On this week’s Friday Focus episode, instead of going over a deal case study, we decided to discuss a question that came up in our Instant Investor group coaching program: how often do you mail the leads on your motivated leads list? The short answer, we don’t stop mailing our leads!If you’ve been listening to Collecting Keys for a while now, you know we find most of our motivated leads through direct mail. It just works, but only if done strategically, which is what we want to share with you all today.In this episode, you will learn how we use direct mail to gain motivated leads by how we organize our mail list by who is most motivated to who is least motivated, how we standardize our mail list, why we create a 6 month mailing sequence, as well as Dan Austin’s top 3 tips for starting your mailing campaign, and much much more!This episode will provide you with a sneak peak into the type of questions that are asked in our Instant Investor group coaching program, and how we tackle them by masterminding them in a group forum. If you are interested in learning more about our Instant Investor group coaching program and want to find out if you are a good fit for the group, connect with us by clicking the link to the Instant Investor program website below.You don’t want to miss this one!Topics discussed in this episode:How to organize your mail listStandardizing your mailing listWhy you should set up a 6 month mailing sequenceStaying consistent in your mail campaignWhy mail copy and branding is importantHow to get people to actually open your letterIf 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