Collecting Keys - Real Estate Investing Podcast

What did you think of todays show??Sellers No Showing to Closing, Big Wins In the Instant Investor Program, Did We Discover a Serial Killer?Episode 181If you’re a real estate investor already, you probably have tons of stories about the sellers you’ve encountered. If not, be prepared because Mike and Dan’s history of sellers has included no-shows at closing, people that don’t disclose information until the last second, and… a possible serial killer?In this episode, your hosts divulge this week’s seller problems, including why they had to get a memorandum of sale and one strange SMS lead that ended in Mike calling the police. You’ll get lessons in why it’s important to understand how real estate transactions work, and use your money smartly to get the best return.The Instant Investor Program has yielded some big wins lately, and they share a few stories that highlight the importance of having a layered approach to marketing, and focusing on massive income over passive income.Tune in for all this and more!Topics discussed in this episode:This week’s seller problemsBuying a house that someone doesn’t want to sell to youThe strange sellers we’ve encounteredBig wins in the Instant Investor ProgramWhat happens when you shift to a massive income mindsetWhy you shouldn’t plan to keep your assets foreverHow a photo got us sent a cease and desistDan’s random purchase from The Boring CompanyIf 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 Creativity To Survive a Falling Real Estate Market with Noah EvansEpisode 180We’ve said before that perseverance is what makes a good real estate investor, especially during those hard times when the market falls. Without the ability to push through and find creative solutions to problems, it will be impossible to minimize big losses and maintain a reputation as a successful real estate investor.Today, hosts Mike and Dan are joined by Noah Evans of The Chasing Freedom Show, as he shares how he creatively salvaged a deal where he could have lost everything, while also protecting the money of his investors. This included shutting down marketing, tightening his budgets on current projects, and more smart moves that he’ll detail during the interview.In this episode, Noah talks about everything you can imagine, from renting out barns to converting garages to art studios and venturing into boutique motels. We also discuss the shifting attitudes towards homeownership, how a lack of affordable housing is affecting towns big and small, and the importance of exit strategies in flipping.He’s a true innovator and problem solver, so you don’t want to miss out on his wealth of knowledge and experience. Tune in now!Topics discussed in this episode:From corporate to real estate/flippingHow he survived a downturn in his marketThe importance of exit strategiesShould you be buying in Boise right now?Transitioning out of flipping into rentalsWhy he decided against Airbnb investmentBoutique motelsChanging attitudes towards homeownershipThe affordable housing crisisNoah’s craziest real estate storyListen to Noah Evan’s podcast, “The Chasing Freedom Show,” on Apple Podcasts! https://podcasts.apple.com/us/podcast/the-chasing-freedom-show/id1575586175Connect with Noah on Instagram! https://www.instagram.com/noahevans_realestate/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.i

What did you think of todays show??EP 179 - The Ethical Dilemma of Creative Financing On today’s Friday Focus episode, our host Dan Austin is joining us to talk about the ethical dilemma when it comes to creative financing to buy or sell real estate, and what you should look out for if you take this route.Creative financing can be a beneficial way to buy and sell homes, it’s an easy pitch, but what matters most is doing it in the right, most ethical, way. These types of deals can feel favorable, but there are a few points you should consider if you are looking to use creative financing in your next real estate deal. In this episode you will hear simple explanations of some complicated lingo, along with specific considerations to take when using creative financing like subject-to, loan assumption, due-on-sale clause, wholesaling, and seller finance, as well as questions to ask yourself when these options are presented to you.Tune in for this and more!Topics discussed in this episode:A simple explanation of subject-toChallenges with subject-toThe ethics behind loan assumption and due-on-sale clauseDan’s recommendation on ensuring security for the seller and buyerThe ethics behind wholesaling, subject-to, and seller finance (creative deals)Two crucial questions to ask yourself before using creative financingIf 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??Who's on Threads, Realistic Marketing and Sales Expectations, A Flip Gone Majorly WrongEpisode 178Meta’s Threads app has been out for over a week now, and that’s long enough for Mike and Dan to form an opinion. For instance, is it actually better than Twitter? What sets it apart from other social media apps? Does its high user growth mean anything?On the real estate front, Mike and Dan have new updates to share, including the latest results of their marketing channels and why they’re still obsessed with direct mail. If you’ve listened to the Collecting Keys Podcast before and still aren’t convinced of the merits of direct mail marketing, you’ll be swayed by this episode.They also talk about the weird things you run into as a real estate investor, and why it makes it hard to grow your business and train a sales team. Plus, hear a story from the Instant Investor Program that highlights the true risk of real estate investing.Tune in to find out what marketing channels are best for scalability, how to prioritize deal flow over lead flow, and MORE!Topics discussed in this episode:Our experience with ThreadsResults with direct mail vs. SMS marketingWhat to consider when building a marketing processThe challenges of training a sales teamWhy our multi-unit sale was delayedOne of the worst flipping disasters everWhat you can expect on the next Friday Focus episodeFind the photos and videos discussed in the episode here: https://photos.app.goo.gl/vixnqYphDo5Pp4uS6If 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??Mastering the Disposition Process to 2x Your Assignment Fees with CJ MossEpisode 177The real estate market is riddled with investors who are in the game to make a “quick buck,” and have no real concern for distressed sellers. That’s why building your credibility and becoming a knowledgeable source in your community is a great way to stand out from the competition.Today’s guest is CJ Moss, and he and his wife’s business, Moss Home Solutions, hit an impressive 100 deals last year (working with a small team, too!) and are on their way to achieving more. By providing value to investors and sellers, they’ve built a reputation based on integrity and trust.In this episode, CJ shares how they’ve set up their disposition processes to multiply their assignment fees, and how they’ve set the standard for a good deal in their area. Take notes as he gives tips on creating a marketing process, growing your business, and fight the limiting beliefs that could be holding you back.As CJ says, the key to success is consistent, massive action. Start by listening to this episode now!Topics discussed in this episode:Establishing his company with a small teamTheir strict disposition processUsing social media to build credibilityHis marketing process and marketing channelsWhat it takes to start landing dealsHow to set yourself apart from the competitionCJ’s philanthropic goalsOne of the worst properties he’s ever boughtExamples of consistent, massive actionIf you’re serious about real estate investing, give CJ a call at (508) 844-8884!Connect with Moss Home Solutions on Instagram: https://www.instagram.com/mosshomesolutions/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 176 - Top 3 Books To Grow Your Entrepreneurial MindsetOn today’s episode of Collecting Keys Friday Focus, Mike DeHaan joins us to give us his top 3 book suggestions on how to go from a W2 mindset to an entrepreneurial mindset.The books Mike mentions in this episode aren’t just about business, in fact, Mike believes books that are heavily business focused are not the way to go. These books are designed to change how you think about business and how you approach it.These books have changed Mike’s life and the way he does business, which has helped him open many more doors by having this new mindset and knowledge.So tune in to hear which 3 books Mike thinks you should read to grow your entrepreneurial mindset, and eventually your business as well!You don’t want to miss this one!Topics discussed in this episode:Why reading really business focused books didn’t help MikeThe book that helped Mike change his W2 mindset Mike’s book recommendation for people still learning the power of businessThe book that drove Mike into real estateIf 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's Keeping Inventory Low, Musk vs Zuck, How to Not Be A Square PegEpisode 175The end of spring to early summer is peak “buying season” in real estate, but the news is saying that supply is low and people just aren’t buying. They aren’t taking the off market side into account though, because hosts Mike and Dan are closing deals and seeing an increase in response.During this episode, find out why market supply is so low and what “low” really means. And if you’re trying to grow your business in this quiet market, Mike and Dan will let you in on the best way to find properties and hire the right employees.As Collecting Keys has grown, your Mike and Dan have had to adapt to changes and challenges in their organization. You’ll hear how their management and view on hiring has evolved, and tips on how to make your first million.It’s been a week of rejuvenation, business growth, and a new development in the Musk versus Zuck war. Tune in to hear all about it!Topics discussed in this episode:Why the market supply is “low”Meta’s Threads versus TwitterManaging our growing businessThe right view to take on hiringPassive income versus active incomeHow to get $1 million in incomeIf 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 Commercial Offices (During Covid) for Huge Returns with Carlos RoviraEpisode 174There’s no way to predict the future of the real estate market, but sometimes taking risks pays off. That’s exactly what happened with today’s guest when he invested in office spaces during the turbulent time of the pandemic, when remote work increased and buildings were empty.Carlos Rovira is a residential investor turned commercial investor, and this new niche in office buildings has yielded him and his partners BIG returns. Their portfolio boasts 90% occupancy and a 16% cap rate, and most impressive, Carlos does it all working virtually.In this episode, he describes transitioning from Miami’s market into the commercial space in Kansas City, accidentally getting into the property management business, and the deals he’s about to close.Listen to this episode to learn more about his real estate journey, and how he succeeded in a new marker while living states away!Topics discussed in this episode:What drew Carlos to real estateNavigating the ups and downs of the real estate marketWhy he moved into the commercial spaceMiami’s unique real estate marketHis experience with virtual investingScreening potential tenantsWhat he looks for in a potential buildingRent, expenses, and cap rateHis story dealing with a slumlordCarlos’ advice to new investorsConnect with Carlos Rovira:https://www.instagram.com/thecarlosrovira/https://twitter.com/TheCarlosRoviraIf 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 173 - Getting Creative with Creative FinanceIf you’ve listened to more than a few episodes of Collecting Keys Podcast, then you’ve heard a thing or two about creative financing.In this episode, Dan dives deeper into the subject by detailing one of their most recent seller finance deals. He goes over how to recognize the opportunity for one of these deals, how to best negotiate with a seller so that, even with trade offs made, you still come out on top.When pitching potential terms of a seller finance deal, it’s key to listen to the seller and look at all the possible options in front of you. That’s why Dan also shares the three inputs they negotiate in a deal, as well as the best exit strategies.To learn how to lock in your own seller finance deal, tune in now and share this episode with other real estate investors!Topics discussed in this episode:How to spot a possible seller finance dealThe 3 terms you should negotiateWhat we pitched in our seller finance dealAnalyzing tradeoffs and how to negotiateThe best exit strategiesIf 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??The AirBNB Revenue Collapse, Perks Of Business Credit Cards, When Deals Are Too Good To Be TrueEpisode 172Whether you’re reading an article, looking at social media or considering a business proposal that seems too good to be true, it’s always best to do your own research before trusting what’s presented to you.This episode of the Mike and Dan show is dedicated to this idea of skepticism and self-education, because the recent news about an Airbnb revenue collapse has some real estate investors concerned — but what sources can be trusted?Mike and Dan talk about a recent deal experience that just seemed too good to be true (and it was!), including how they discovered the seller’s deception and handled the situation. You’ll also hear business updates on the Instant Investor Program’s upcoming in-person mastermind, how the new Rocket Station VAs are doing, and Mike and Dan’s transition into new roles.Plus, they answer the question listeners are always asking: “how do I get to where you’re at?” Tune in for all this and MORE!Topics discussed in this episode:Why you need to use business credit cardsIs the Airbnb market in trouble?Who you can/can’t trust in businessThe story of a deal that was too good to be trueImportant details to review before finalizing a dealNew hires and new business rolesRead the article mentioned in this episode, titled “Airbnb Revenue Collapse Top 10 Cities,” here: https://www.newsweek.com/airbnb-revenue-collapse-housing-market-crash-fears-1809543If 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