Collecting Keys - Real Estate Investing Podcast

What did you think of todays show??Lines of credit have a reputation of being very secure, but that isn’t entirely true. We were one of the “few” where a line of credit was pulled and had to pay it back within days.This happens more often than we think, so we thought we would take this opportunity to relay what we discovered about lines of credit and how to stay productive while financing. In today’s Friday Focus episode, our host, Mike Dehaan, will be going over what happened when our line of credit was pulled, why it was pulled, and steps that you could take to mitigate the potential disaster losing your line of credit could cause.There is a simple yet effective strategy to ensure you are leant to in this recessionary economy, while also being prepared in case your line of credit is pulled.Tune in to hear how you can make the most of having a line of credit and what to do if it is pulled. Topics discussed in this episode:Why line of credit isn’t as reliable as we thinkHow to stay productive in your business if you rely on financingRelationships are more important than everWhy our line of credit was pulledImportance of checking in to the products you are involved inDon’t renew your line of credit at the same timeUse exploration for cash on hand not lines of creditsDownload 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 instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandanThis episode was Post Produced by Podcast Boutique http://podcastboutique.com

What did you think of todays show??Winter is a quiet time for real estate, but it’s been an eventful week for Collecting Keys Podcast hosts because Mike and Dan have been canceled. Well, their $100,000 line of credit has been canceled for another year, that is.In this episode, find out what happened and get an inventory of Mike and Dan’s current projects. Since the market is slow, it’s the perfect time for Mike and Dan to finalize a game plan for next year, including their investing strategies and standard operating procedures (SOPs).They also answer a few important questions: Do you need a framework and SOPs to start making real money? Can AI help the real estate industry? How do you avoid analysis paralysis? Who is the most successful athlete, Lionel Messi or Michael Jordan?Tune in for advice and updates from Mike and Dan, plus learn why Mike waived rent for his tenants!Topics discussed in this episode:Business updatesWhy have Mike and Dan been canceled?The risky business of leveragingSOPs and AIHow necessary are SOPs?Messi vs. JordanDownload 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 instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandanThis episode was Post Produced by Podcast Boutique http://podcastboutique.com

What did you think of todays show??One amazing deal can change the trajectory of your real estate investing, but so can smaller deals that add up to plenty of cash flow to grow your portfolio.Brad Dumas is a wealth manager and ex-Notre Dame football player, who accomplished this by starting his real estate journey with turning his primary residences into rentals. He’s sharing his acquisition strategy, buying criteria, and how they’ve both changed over his few years in the business.Similar to Collecting Keys Podcast hosts, Brad has also had to learn the ups and downs of working with contractors, employees, and tenants. If you can relate, you’ll want to hear his advice on finding people you can trust to do business with.To learn more about how Brad played the slow and steady game to succeed in real estate, tune in!Topics discussed in this episode:How Brad got into real estateBrad’s buying criteria and why his underwriting is “lazy”Shifting to buying larger properties to rentHas the market changed the pace of real estate?Brad’s 2022 portfolioBalancing real estate and investing in other assetsPlans for the futureTips on finding a good property manager and tenantsBrad’s craziest real estate storyAdvice to anyone getting into the industryConnect with Brad Dumas on Instagram, or email him here!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 instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandanThis episode was Post Produced by Podcast Boutique http://podcastboutique.com

What did you think of todays show??In today’s Friday Focus episode, our host Investorman Dan, wants to answer a question that was previously posed to him: What are you doing in your business to adjust your marketing strategy so that you can continue to buy properties while the market is shifting while we're kind of in these uncertain times?There is no cut and dry answer to this question, and everyone’s answers could look different depending on where you’re at in your real estate business and where you plan on going. However, Dan wants to share his and Mike’s strategy going forward so it can give you some insight and possibly some ideas if this is a question you’ve been thinking about.Tune in today to hear how Dan and Mike got to where they are now by investing in single home properties, how they’ve adjusted over time, and their goals for the future.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 instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandanThis episode was Post Produced by Podcast Boutique http://podcastboutique.com

What did you think of todays show??It’s another installment of the Mike and Dan show! As Mike says, you can expect “a deep dive into everything business related, what we're working on and what's happening in the world, both business and not.”In this episode, Mike and Dan talk about the hard work it requires for going after multi-family assets, as well as their journey transitioning from solopreneurs to true business owners. They also share an awesome deal a member of their Instant Investor Program scored!December puts a freeze on the real estate market just like it does the weather, so there’s not much on the business front but they use this opportunity to discuss operating procedures and building a business hierarchy with virtual assistants.As always, tune in to also listen to commentary on a wide range of topics in the news, like Sam Bankman-Fried, Elon Musk’s Twitter takeover and more!Topics discussed in this episode:Mike and Dan’s current state of affairsAn example of Mike’s skill in researchUpcoming guests on the showBrittney Griner, LeBron James, and cryptocurrencyThe state of the real estate marketFocusing on business processesWhat you should hire for VAs forElon Musk and changes in the tech industryAI, NFTs, and human natureDownload 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 instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandanThis episode was Post Produced by Podcast Boutique http://podcastboutique.com

What did you think of todays show??It’s a falsehood that you can get into the real estate market without spending any of your own money. Everyone needs designated finances to get into real estate, and today’s guest did that in an unconventional way — playing online poker.Not only did Damon Amato build his own house from poker money, but he also started a real estate career that has led to multi-million dollar deals. Damon’s work as a real estate developer, specifically in land development and zoning, has given him the finances to be able to retire and have the lifestyle he wants for himself and his family.So, how did he do it? Money is the only thing that helps you succeed in real estate; you need to have a strong work ethic and adaptability. In fact, Damon lost $100,000 on his first deal but didn’t let it break his desire to succeed in real estate, and he was earning 7 figures after just a handful of years.To hear how Damon is learning to become a leader at his company, plus advice for getting into real estate, listen in!Topics discussed in this episode:Damon on making money through online poker and getting into real estateHis first deal that almost ended in bankruptcyWork in real estate never stopsWhere Damon found guidance and motivation in the industryThe story of Damon’s first winLearning real estate zoning and building a businessDamon’s current portfolioLearning to be a business leaderDamon’s craziest real estate storyCreating a new app, Flip TraderDownload 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 instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandanThis episode was Post Produced by Podcast Boutique http://podcastboutique.com

What did you think of todays show??There seems to be a common theme among success minded people when it comes to setting yourself up for success. Waking up at the crack of dawn, journaling, meditating, sauna, gym, etc. These are great for your physical and mental health, which does play a big part in your success, but if that is your main focus, these mindset hacks can become distractions from actually working on your business. So in today’s episode, our host Mike Dehaan wants to go through what his morning routine looks like in hopes that it will give our listeners a sneak peek into an alternative way of setting up your day, instead of following the rigid outlines that we are being told work best.You will hear how Mike wakes up in the morning, what times of the day he is most productive, how he structures his meetings, when he worksout, what he eats, and how he unwinds after a long day.If you’re looking for ideas on how to build a daily routine, this episode is for you. So be sure to tune in!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 instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandan

What did you think of todays show??Another week, another update on Mike and Dan’s projects! With an estimated half a million in capital tied up from just this year’s dealings, business is reminiscent of the current real estate market: things could be better.On this episode, Mike and Dan make predictions for the market and give their opinion on the success of flipping houses during this time of instability. They discuss the significance of value in this market, and also give valuable advice to anyone who wants to start flipping.From a nostalgic look back to the early days of the show, to a conversation on the significance of finding motivation in a flow state, this episode has everything we love about Collecting Keys Podcast!After tuning in, don’t forget to leave a five-star review of the show (you may even get a free t-shirt)! Tune in to learn how.Topics discussed in this episode:A look back at the beginning days of the show and real estate journeyThe importance of getting out of your element to stay motivatedMorning routines and trendy wellness routinesReal estate in the newsAn update on Mike and Dan’s difficult flipIs it a good idea to flip houses in this market?Plans for the futureAdvice to those who want to flip housesDownload 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 instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandan

What did you think of todays show??Episode 85Struggling with the disposition process? Real estate investors know how expensive it can be to use most platforms on the market, but today’s guest has created a new marketplace that’s built around the power of human connection.Paul Wakim is a co-founder of this platform, called TwnSqr, which helps members build relationships in the industry and work together to close deals. His real estate experience has included working closely with others in joint ventures and partnerships, so he knows firsthand that people are the key to success in real estate.You’ll learn all about this new startup, how they’re bridging technology with real estate, and how they’re generating a feeling of community and trust among members on TwnSqr. Plus, they’re doing all this without spamming members with ineffectual emails.For wholesalers who need to up their networking game or have trouble finding off-market deals, give this episode a listen now!Topics discussed in this episode:Paul tells his story of real estate and building his businessHow TwnSqr created and changed its algorithm post-pandemicA story to showcase the importance of the “people element”The history of TwnSqr and how it worksWhat security measures does TwnSqr use to protect users?How much access do members get on the platform?Another crazy real estate investment storyPaul’s #1 tip to people getting into the industryLearn more about TwnSqr and see how to join here: https://www.twnsqr.com/Connect with Paul:InstagramLinkedInIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandan

What did you think of todays show??EP 82 - How To Manage Your Properties Better Than A Property ManagerEpisode 82One of the problems with Property Management companies is that they will never care about your properties as much as you will.  They are large expensive assets, so don't you want them to perform the best and be protected??In this episode, Dan dives into tips and tricks on how to manage your own companies (regardless of the portfolio size). He when property managers DO make sense, why they are not REALLY incentivized to find the best tenants, and his systems and processes for managing his own rentals in an efficient and effective manner.He dives into:-Which property management system he prefers-How to ensure YOU dont become the primary tenant contact-How he handles maintenance requests-Utilizing VA's to stay on top of logistics and responding to tenant requestsEnjoy this show with Dan Austin @investormandanIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandan