Collecting Keys - Real Estate Investing Podcast

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

What did you think of todays show??We’re back with another Friday Focus episode, and this week, host Dan Austin is offering his thoughts on current market conditions.If you’ve been following the news, there’s no doubt you’ve noticed conflicting reports on the state of the real estate market. Will the real estate market crash? Are we currently in a recession, or are we about to enter one?In truth, no one knows what will happen and relying on the news will only result in one thing: analysis paralysis. Dan discusses this concept and more, including why understanding your local real estate market is key and how he’s moving forward through these unknown waters.Dan also shares advice for moving toward your goals in an unpredictable market, including first steps for novice investors, and how to take advantage of this time to prepare for future opportunities.Listen in for Dan’s short and sweet weekly reflection, and a dose of motivation!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??Building your wealth knowledge is key to building your wealth. If you’ve mastered the latter, one thing that can cut down your net earnings is paying a record-high capital gains tax.From working days at Marcus & Millichap and nights waiting tables at The Cheesecake Factory, Brett Swarts now owns two financial businesses and has helped his clients defer hundreds of millions of dollars in taxes.Brett takes time from his own podcast, Capital Gains Tax Solutions, to inform Dan and Mike on an alternative solution to using the limiting 1031 exchange. He shares why a deferred sales trust is the Netflix to the 1031 exchange’s Blockbuster.While this method isn’t a one-size-fits-all solution, a deferred sales trust gives you the option to roll your assets into another investment with no timeline. Unlike a 1031 exchange, this contract applies to real estate, artwork and collectibles, NFTs, cryptocurrency, and more.Listen to this episode to learn more about how to maximize your wealth with the help of a team like Brett’s at Capital Gains Tax Solutions!Topics discussed in this episode:Brett’s work at Capital Gains Tax Solutions and his real estate investment companyThe difference between a 1031 exchange and a deferred sales trustBrett’s background and educationHow the 2008 financial crisis helped him learn the dos and don’ts of investingBrett worked multiple jobs, saved money, and started passively investingClients at Marcus & Millichap helped him learn how to passively investBrett found deals through his second job as a commercial real estate brokerThe story of Brett’s first big deal on an Arizona retail centerWhy passive investment worked better for Brett’s busy lifestyle with 5 kidsContinuing Brett’s history with another deal on a Senior Housing Assisted Living FacilityThe importance of diversifying and what Brett invests inWhat states Brett finds good deals in since California has dried upHow Brett finds deals and what he looks for in a partnershipCollaboration is how to succeed and make moneyUnderwriting is an art and science, so experience is keyBrett recommends that amateur operators to learn their nicheQuestions Brett would ask a potential partner/investorWhat Brett looks for in a property investmentQualifications of a deferred sales trustAssets eligible for a deferred sales trustLearn why a deferred sales trust is great for crypto through Brett’s client storyWhat happens when a deferred sales trust is closedThe importance of having a team help with a deferred sales trustHow Brett’s client used a deferred sales trust to buy low and sell high - all tax freeBrett recounts his craziest real estate story everThe personality traits and mentors that Brett attributes to his successBrett’s upcoming book featuring Kevin Harrington of Shark TankTune in to Brett’s podcast and learn more about his company, Capital Gains Tax Solutions, here: www.capitalgainstaxsolutions.comCheck out the Capital Gains Tax Solutions YouTube channel to get more information on deferred sales trusts, 1031 exchanges, and more.If you are inte

What did you think of todays show??On today’s Friday Focus quick episode, our host Mike DeHaan reflects on what it means to be truly happy. Our society focuses so much on material and monetary gain as a means to happiness. However, as Mike and his wife travel through Zimbabwe, a country whose economy has plummeted, where the so-called “dream” is so out of reach, he found that the people of Zimbabwe exude a type of happiness and joy he hasn’t seen anywhere else.Experiencing this, Mike reflects on how we should view happiness and how grateful we should be for what we have, where anything above that is a bonus.This episode is for anyone in pursuit of happiness. It could be you that you are already there.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??Episode 60Through his successful corporate career in Telecom, today’s guest mastered the art and science of sales, funnel management, marketing, strategic business planning, and financial forecasting, and he used these skills to build multiple seven-figure real estate businesses.Tuning in, you’ll hear from Sterling Chapman, a father, husband, real estate investor, and podcast host of The Rent Roll Radio Show. Sterling began his real estate investing journey in 2018 by purchasing single-family houses and quickly moved up to duplexes and fourplexes, flipping houses, and eventually large multifamily, all while working full time!Listen in as we discuss the importance of creating systems to help you grow your real estate business without leaving your W2. You’ll find out why Sterling believes that multifamily syndicators should be less obsessed with doors and he shares his perspective on the value of tripling down on your strengths and building solid partnerships to complement your weaknesses, plus so much more.If you’re someone who is interested in real estate investing but you’d still like to hold onto the security and benefits that your W2 offers, this is the episode for you! Topics discussed in this episode:The economic safety that motivated Sterling to invest in real estateInsight into some of his first investmentsHow his investment strategy has evolved over the yearsWhy Sterling is flipping houses to finance multifamily dealsSeller financing mistakes Sterling made and lessons learnedDebunking the vanity metric of ‘unit stacking’Tips for growing your real estate business without leaving your W2The benefits of managing your energy, not your timeHow to triple down on your strengths by forging solid partnershipsWhy building strong relationships (and a strong buyers list) is keyA look at Sterling’s portfolio and his approach to cash flow forecastingSome creative financing strategies to considerWhy Sterling doesn’t recommend living off acquisition feesThe story of the tenant that made Sterling quit property management!Check out Sterling’s website here, listen to The Rent Roll Radio Show, connect with him on Facebook and Instagram, and subscribe to his YouTube Channel!Invest with Crestworth Capital! Visit their website or contact Sterling directly at sterling@crestworthcapital.com.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.com

What did you think of todays show??In this episode Dan explains why it is more important no than ever that you manage your rehab schedules.  Topics discussed in this episode:Labor costs are through roof, Murphys law will kill your project the longer you are on a project, You don't want to try catching falling knives as the market is shifting.  Dan also shares some tips on how to ensure your project stays on schedule.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??Episode 58If you’re a short-term rental investor looking to find the most profitable Airbnb locations around the world, this episode is for you!Today, we talk to none other than ‘The Airbnb Data Guy’, John Bianchi, about approaching Airbnb rentals and analytics from a pure data standpoint. John shares his advice on finding what he calls the Airbnb ‘sweet spot’ and offers some insight into his process of sorting through Airbnb data to find highly profitable properties anywhere.You’ll learn the three steps to Airbnb success and how you can make the Airbnb algorithm work for you, plus a whole lot more. If you’re an Airbnb skeptic, today’s episode will show you how to leverage short-term rentals to gain experience and avoid some of the risks and liabilities that come with it so that you can start earning passive income today!All data. No fluff. You won’t want to miss this insightful conversation with John Bianchi.Topics discussed in this episode:Becoming ‘The Airbnb Data Guy’ with zero background in dataWhy many are justifiably skeptical of Airbnb arbitrage Lessons from John’s biggest rental arbitrage mistakeJohn’s 3-steps to Airbnb: regulation, data, operationsWhy short-term rentals aren’t always the best choiceHow to find the Airbnb sweet spotCompetitive advantages (and disadvantages) of the Airbnb algorithmProven formulas for translating Airbnb data into profitWhat to expect from working with JohnThe role of patience and process in John’s success storyStories that stick out from John’s experiencePivotal cash flow advice to help you grow your businessRecommended reads and resourcesCheck out John’s YouTube Channel for more Airbnb data secrets.You can also contact John directly at hello@pointanalytics.co or get in touch with him via Superhost Labs.John’s recommended reads:Profit FirstThe Psychology of MoneyI Will Teach You to be RichIf 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??On today’s Friday Focus episode, we will be discussing business partners. Do you need a business partner? Will having a business partner be beneficial or a hindrance to your company? There is always a pull toward bringing on a business partner as your business starts to grow. People will see your success and want to join the party, especially people closest to you. However, are the people closest to you really the best option to bring into your business on such an intimate level? If not, then how do you choose the right business partner?Our host Mike DeHaan shares his knowledge on whether it is a good idea for you to bring on a business partner, the pros and cons of doing so, and the key to finding the right business partner.Adding a business partner can be pivotal to your business, in a positive or negative sense. All it depends on is how strategic you are with when and how you bring them in.Tune in to hear practical advice and tips on business partners and if it's the right move for you!Topics discussed in this episode:Reasons why you shouldn’t have a business partnerMain cons of having a business partnerReasons why you should have a business partnerBiggest pros of having a business partnerImportance of finding the right person to partner withMike’s number one tip for when you bring on a partnerIf 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??Episode 56Wholesaling has a mixed reputation among real estate professionals, with some viewing it as a low-risk way to get started as an investor and others likening it to posing as a real estate agent without a license. Regardless of what your opinion is on this sometimes contentious topic, it often makes sense to buy from wholesalers and, if you do, there are a couple of things to keep in mind that we would like to share with you in this episode!In today’s episode of Collecting Keys, we’re going all the way back to the very basics of wholesaling a property. What is wholesaling? How do you buy something from a wholesaler? What does the process look like from start to finish? This is a great conversation for new and experienced investors alike, as it offers both a high-level overview of the wholesaling process and some deeper insight into how you can benefit if you keep your wits about you. For more tips on how to ensure that you aren’t being ripped off by a wholesaler, or even, on the flip side, maintain your integrity and implement best business practices if you are one, don’t miss this educational episode with Dan and Mike!Topics discussed in this episode:Updates from your hosts, disposition challenges the market is presenting, and moreThe value of aligning your properties with the right buyersThe impact that wholesalers can have on sellersWhy customer service on both the seller side and the buyer side is keyHow to avoid a reputation as a ‘scummy wholesaler’; don’t get greedy!Tips for keeping your buyers’ list strong for the long-termBack to basics: what is wholesaling?What wholesaling looks like from the buyer’s perspectiveThe importance of knowing all the terms of the assignment contractWhy we say: Don’t trust. Always verify.A step-by-step overview of the wholesaling process for newbie buyersHow you can lean on your title company to do a lot of the dirty workIf 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??On last weeks Friday Focus we heard from Mike and what he wished he knew when he started out, today it is Dan's turn and he dives into the biggest thing he wish he knew which was the importance of having a follow up system.In marketing people often say "The Fortune Is In The Followup" but what does that REALLY mean and how do you do it? Its certainly not simple but it is so important and when we mastered the follow up our business really started to boom.Listen in as Dan talks about why its important and a basic rundown of how our business follows up with leads and how you can start to find gold in the old contacts that have been sitting in your system.Resources Mentioned:collectingkeyspodcast.cominstantinvestorprogram.cominstagram.com/collectingkeyspodcastinstagram.com/mike_investsinstagram.com/investormandan