Collecting Keys - Real Estate Investing Podcast

What did you think of todays show??We hire and trust experts in their respective fields because we can’t know and do it all. So putting that trust in a professional to help you get things done is crucial to your success. However, have you sat back and thought about how many experts have let you down when you needed them, leaving you with feelings of mistrust?Specifically property managers. We trust professional property management teams to ensure rental properties are being rented and managed accordingly, especially if you have multiple properties, but what happens when they fall short?In today’s episode, our host Mike DeHaan recounts his experience dealing with property managers and “experts”, what it cost him when they fell short, and tips on how to avoid having to go through this yourself.Tune in for some real-world advice that can save you a lot of money and heartache!If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, check out instantinvestorprogram.com and see if you are a good fit for the mastermind group! Resources Mentioned:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandan

What did you think of todays show??KPIs, or key performance indicators, are the report card for your business, but what “subjects” are the most important? On this episode of Collecting Keys Podcast, hosts Dan and Mike are also sharing the three main KPIs they track for their marketing and wholesale business, and how they use this data to make marketing decisions.Dan and Mike may have been ghosted by their scheduled guest, but they’re still bringing the heat with another helpful episode for real estate investors! You’ll learn how to calculate your cost per lead, find out what leads are converting into real deals, and why this data is invaluable for driving your marketing goals.They also give an update on their business, such as newly leased properties and tenant stories, and discuss their struggle with property managers.Remember that no one cares about the success of your business more than you do, so don’t miss this episode!Topics discussed in this episode:Commentary (or complaints) on property managersBusiness updates from Mike and DanDeal scenarios to get the highest ROIThe most important KPIs for your businessWhat is “total return on marketing,” and how to track it?Using your data to forecast leads and plan marketingTracking different groups of peopleFollowing up on leadsIf 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??Today, your host, Investorman Dan, wants to give you some words of encouragement. When people’s successes are being broadcasted constantly, for things that seem so impossible, the daily grind can feel like a slow burn as you learn about one in a million success stories popping up everywhere, and you’re still building the foundation of yours.Dan wants to remind you to stay focused on your goals, because nothing is ever like what it seems. These success stories don’t give you the full picture, and are sometimes not even based in reality. This is important to keep in mind when creating success and wealth, because it is so easy to compare yourself to others and veer off track.That is where we come in. We want you to know, keep moving forward, you are so close to seeing the fruits of your labor and investments!Tune in to hear some encouragement as we move through this journey of success together.If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, check out instantinvestorprogram.com and see if you are a good fit for the mastermind group! Resources Mentioned:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandan

What did you think of todays show??Google’s Executive Chairman, Eric Schmidt, said “Revenue solves all known problems.” For those of us in the real estate game looking to raise capital, this is especially true. So, how do you find and convince people to invest in your business?Jason Wright has solved this exact problem with his company, Intentionally Inspirational. Through digital strategies like automated marketing, he helps capital raisers build their sales funnels and keep in touch with investors through the entire process.He’s joining hosts Dan and Mike to talk about how and why his business works, despite its niche focus. Jason also shares his entrepreneurial journey, from working a 9-5 job to freelancing on Upwork, and finally starting his own company. Plus, he offers helpful advice and a free lead magnet to get any entrepreneur started!Tune in to hear Jason’s insights on what social media platform is best, increasing engagement, gaining trust with investors and lots more!Topics discussed in this episode:How Jason’s company, Intentionally Inspirational, worksJason’s background and how he started his businessGetting started with Jason’s fundraising processTexting vs. emailDan and Mike’s marketing processJason’s lead magnet and tips for your ownGaining traffic and the best social media platformsJason on building his business modelWhere Jason and his business are headed in the futureWhy Jason thinks his business is so successfulA crazy story from Jason’s time on UpworkFind out more about Jason and his business, Intentionally Inspirational, over here: www.intentionallyinspirational.comJason can help you build a lead magnet that offers people a ton of value! Head here to watch his free video: https://www.getmorepassiveinvestors.com/letsgoIf 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??What do you do when you have an extra chunk of change sitting in your bank account, where it’s large enough to be noticed, but small enough that it’s hard to know where to invest to make a difference to your financial future?Firstly, if you are already thinking this way about money, this is a very positive sign and you are already way ahead of others. No matter how small or large, if you have extra cash, put it to work!However, putting a small amount of cash to work isn’t the easiest job, especially if you’re wanting to use it to invest in real estate. So, in today’s episode, we want to show you how you can exponentially grow a small pot of money, using experience and hustle as your backbone, to change the course of your financial future.Tune in to hear cautions and steps on how to invest and grow your money in today’s real estate market!If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, check out instantinvestorprogram.com and see if you are a good fit for the mastermind group! Resources Mentioned:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandan

What did you think of todays show??Can you believe it’s been a full year of the Collecting Keys Podcast?! Dan and Mike have come a long way since that not-so-great first episode (if you haven't already, they suggest you NOT go listen to it). Now, they’re over 50 episodes in and their businesses are thriving.This casual episode includes Dan and Mike reflecting on their progress in podcasting, and giving updates on their wholesale business and Instant Investor Program. You’ll hear how they’ve helped clients close a few sweet deals, as well as the status of their own deals.Since we’re already a few weeks into the fall season, Dan and Mike also talk about winterizing your properties, so you can avoid costly repairs from water damage and more. And, they share stories of indifferent tenants and how they learned to navigate the real estate market on the job.Tune in to hear their insights from renting out multiple properties, mistakes they’ve made and what they’ve learned along the way!Topics discussed in this episode:Dan and Mike reflect on their first year of the Collecting Keys PodcastWhy shouldn’t take a break marketing during the “slow months” of the stock marketUpdates on businessRehab or tear down when seller financing?Helping their investor program clients collaborate on dealsPreparing rental properties for winterExperiences the guys have had with water damageHead here for a possible freebie from Dan!If 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??In this Friday Focus, Dan Austin goes over how to properly Joint Venture with other investors to squeeze even more out of deals. He goes into a few partnerships that have formed within our Instant Investor Coaching Program between members and how they are able to go from there being no deal to making some big paychecks.Although always wanting to Joint Venture can be tempting, he also goes into the pit falls and how to make sure you are protecting yourself in case things go away.Collectingkeyspodcast.comInstantinvestorprogram.com@mike_invests@investormandan@collectingkeyspodcast

What did you think of todays show??One of the most valuable traits anyone looking to get into the real estate investment game can have is an internal drive. Someone who won’t be deterred by problems, especially those unforeseen circumstances that test you in new ways never before experienced, has the potential to collect many keys.Two people who possess this internal drive, having started from the bottom to work their way up to financial independence, are Cory and Ryan of The Weekly Juice podcast. They’re on this episode of Collecting Keys Podcast to discuss their wealth building journey with Dan and Mike.Similar to our hosts, Cory and Ryan started as friends before adding another aspect to their relationship: a business partnership. They share how they split up tasks for their many businesses together, including their real estate portfolio, podcast, and e-commerce through Amazon and YouTube.Any entrepreneurs can also find helpful advice in this episode,such as why it’s important to hire the right accountant (or CPA), working with virtual employees, and building revenue.Tune in for a fun episode about friendship and creating a successful business partnership!Topics discussed in this episode:Cory and Ryan introduce themselves and their businessesEveryone talks about their journey to successBenefits of having a partnershipWays to find partnershipsHow Cory and Ryan structure their business partnershipsRyan gives advice of saving for taxesContent creation and social media algorithmsThe two kinds of entrepreneursWhy freelancers should invest in a specialized CPADan shares his real estate professional tax storyWhat Dan uses to track hours and mileageMike and Dan’s virtual employeesCory and Ryan’s latest BRRRRbnb projectLending and short term rentalsMaster leasingWhat is Cory and Ryan’s competitive advantage?The concept of taming your inner gremlinCrazy real estate storiesTenant red flagsThe Weekly Juice podcastResources mentioned in this episode:RentRedi SoftwareAsana PlatformMileIQ AppIf 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??In this episode we share a recent interview Mike did on the Tribe of Millionaires podcast which gives a great insight onto his background as well as some lessons that can be learned form his experiences as he was bootstrapping his investing career.Notes from the Tribe of Millionaires Episode:What’s the worst thing that can happen in real estate? Probably, it’s having to spend money or losing money at some point. But if you’re willing to stay for the long term, things will be fine. If you want to succeed in real estate, then it’s all about the mindset.In today’s conversation, Mike DeHaan, real estate investor host of the Collecting Keys Podcast, talks about his journey from leaving his engineering career to jumping into real estate head-first. He initially didn’t have everything figured out, but he followed what felt right and partnered with the right guy. The initial goal was 50 properties in 10 years, and they’re now on their 100th transaction in just 2.5 years!Here are some power takeaways from today’s conversation:[01:34] Mike’s beginnings and getting a job at Boeing[03:48] Getting into a spiral state of depression[05:14] The decision to leave his job and make the jump[09:46] Having an entrepreneurial mindset[12:24] His introduction to real estate investing[15:55] The worst thing that can happen in real estate[18:00] The value of networking[20:05] Exceeding the goal of buying 50 properties in 10 years[23:12] How their business partnership is structured[24:32] Focusing on data over marketing when looking for deals[28:17] More about the Collecting Keys PodcastNotable quotes from the Episode:“The residential real estate world is relatively forgiving unless you are just completely negligent on something, or you made a really bad decision. You're not going to lose everything. You might lose some money on a deal, you might lose some equity. But if you're able to hold it for the long term, you'll be fine. So what's the worst that could really happen?”“Our initial goal was to buy 50 properties in 10 years… about two and a half years now, we have 10 employees and are about to do our 100th transaction.”"Most people, when they start marketing for deals, they focus on the marketing. And really – what it comes down to is the data and the follow-up process.”"Because you're dealing with situations, it's a people business. It's no longer a real estate business. You're dealing with situations that you never thought you would have to deal with."Connecting with the GuestInstant Investor ProgramPodcast: https://podcasts.apple.com/us/podcast/collecting-keys-real-estate-investing-podcast/id1590409613Instagram: https://www.instagram.com/mike_investsLinkedIn: https://www.linkedin.com/in/michael-dehaan-20a27b63/

What did you think of todays show??Episode 64Mike is BACK from his month away in Africa. Lets see how the business did while he was gone.They discuss Mikes trip and how this month was a good test of the business's systems as things are constantly changing while the market shifts.In this episode they cover:-Take away's from Mike's trip-Do South African's like Elon Musk?-Some pivots to deals and negotiations that were underway while Dan ran the show-The renovation that keeps on giving-A deal they just sold that immediately burned down.-Strategies to help keep your business organized while scaling.If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, check out instantinvestorprogram.com and see if you are a good fit for the mastermind group! Resources Mentioned:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandan