Collecting Keys - Real Estate Investing Podcast

Mike DeHaan
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Nov 8, 2024 • 12min

EP 383 - 5 Secrets To Not Lose Money On Your First House Flip

What did you think of todays show??Ready to take on your first property flip? Find out what rookie mistakes to avoid in this episode! Mike shares five crucial lessons he learned from his first flip and what he wishes he knew before getting started. From unexpected costs to inaccurate comps, discover the hidden traps that can delay your project and drain your profits!Learn more about the Collecting Keys SCALE Community! https://collectingkeys.com/scale/Check out the FREE Collecting Keys “Invest Anywhere” Guide to learn how to find deals in ANY MARKET Completely virtually (this is how we scaled to over a dozen markets)!https://instantinvestor.collectingkeys.com/invest-anywhereFollow us on Instagram!https://www.instagram.com/collectingkeyspodcast/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/https://www.instagram.com/dylan_does_dealsThis episode was produced by Podcast Boutique https://www.podcastboutique.com
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Nov 6, 2024 • 41min

EP 382 - How to Choose the Right Partner for Your Real Estate Business

What did you think of todays show??Real estate partnerships come with huge potential and equally big downsides. But are the rewards worth the risk? This episode dives into the pros and cons of partnerships, how to choose the right partner, and why staying a solo operator is sometimes the better choice.We discuss what makes a strong partnership, red flags to watch out for in potential partners, and the benefits of hiring over partnerships. Tune in to learn when it makes sense to partner up or go solo!Topics discussed:Common mistakes and pitfalls of real estate partnerships (1:57)Characteristics of good and bad partnerships (7:57)Avoid partnership traps as a new investor (13:34)Partnering versus hiring (17:02)The risks of real estate partnerships (20:33)Protecting yourself when a partnership goes wrong (22:57)Profitability of solo operations versus partnerships (25:53)Making the right hiring decisions (28:46)Compensation methods for key employees (36:27)How to hire A-players for less (39:13)Learn more about the Collecting Keys SCALE Community! https://collectingkeys.com/scale/Check out the FREE Collecting Keys “Invest Anywhere” Guide to learn how to find deals in ANY MARKET Completely virtually (this is how we scaled to over a dozen markets)!https://instantinvestor.collectingkeys.com/invest-anywhereFollow us on Instagram!https://www.instagram.com/collectingkeyspodcast/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/https://www.instagram.com/dylan_does_dealsThis episode was produced by Podcast Boutique https://www.podcastboutique.com
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Nov 4, 2024 • 34min

EP 381 - Scale Your Real Estate Business with No Marketing Budget w/ David Niehaus

What did you think of todays show??What if your network could bring you steady real estate deals, without the marketing hustle? David Niehaus got his first deal in just three weeks using grassroots marketing methods, but it’s his network that’s helped him grow his portfolio and scale his business.In this episode, David talks about his unconventional journey in real estate and shares his approach to networking. He shares tips on building relationships, balancing cash flow with long-term wealth strategies, planning rehabs, and MORE. Find out how David finances his deals, minimizes his operating costs, and keeps a steady flow of deals coming his way!Topics discussed:How David got his first deal in 3 weeks (1:41)Investing in rentals versus buy-and-hold strategy (4:48)Why you should change your approach to passive income (7:41)Lender challenges and financing strategies (11:41)How to master your rehab numbers and manage projects (15:21)Managing your time as a solo operator (18:50)Handling tenant turnover and minimizing costs (21:22)Key tools and software David uses in his business (22:49)David’s long-term real estate goals (24:46)Two crazy real estate stories (27:54)Connect with David Niehaus:https://www.instagram.com/tree.haus/Contact David at 513-967-2963Learn more about the Collecting Keys SCALE Community! https://collectingkeys.com/scale/Check out the FREE Collecting Keys “Invest Anywhere” Guide to learn how to find deals in ANY MARKET Completely virtually (this is how we scaled to over a dozen markets)!https://instantinvestor.collectingkeys.com/invest-anywhereFollow us on Instagram!https://www.instagram.com/collectingkeyspodcast/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/https://www.instagram.com/dylan_does_dealsThis episode was produced by Podcast Boutique https://www.podcastboutique.com
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Nov 1, 2024 • 8min

EP 380 - Underwriting Tips: Case Study of an 8-Unit Property

What did you think of todays show??How do you decide if you should buy a deal? This episode dives into the underwriting process of an eight-unit mixed-use property, breaking down financials like acquisition and rehab costs, projected rental income, taxes, insurance and more. Dylan also offers tips on financing deals, managing tenant turnover, and calculating key metrics like ARV, cap rate, and cash-on-cash return. Learn how to evaluate properties before you make your next investment!Learn more about the Collecting Keys SCALE Community! https://collectingkeys.com/scale/Check out the FREE Collecting Keys “Invest Anywhere” Guide to learn how to find deals in ANY MARKET Completely virtually (this is how we scaled to over a dozen markets)!https://instantinvestor.collectingkeys.com/invest-anywhereFollow us on Instagram!https://www.instagram.com/collectingkeyspodcast/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/https://www.instagram.com/dylan_does_dealsThis episode was produced by Podcast Boutique https://www.podcastboutique.com
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Oct 30, 2024 • 38min

EP 379 - How to Make Money in a Slow Real Estate Market

What did you think of todays show??When leads are slow, how can you keep real estate deals flowing?  This episode explores how investors can keep profits steady even as the market cools and inflation looms. From spec builds to finding non-traditional buyers, you’ll learn how to find new opportunities and adapt your strategy to keep business thriving.Dan and Dylan also dive into their recent land development projects, sharing insights and advice on funding these deals, leveraging construction loans, and weighing the risks and rewards of new builds. Tune in to learn how to focus on what works and make money in this slow market!Topics discussed:How a slower market is affecting business (4:47)Navigating the election, inflation, and your real estate strategy (8:07)Assessing Dylan’s land development deal (12:37)Why Dan’s investing in a new spec build (16:22)The cost and profitability of spec builds (17:05)Basics of construction loans (18:57)Risks and rewards of new development (22:16)Examples of the power of networking in real estate (25:38)A tip for finding cash buyers (31:01)Balancing new interests with shiny object syndrome (31:44)Will new builds become more profitable than flips? (34:17)Learn more about the Collecting Keys SCALE Community! https://collectingkeys.com/scale/Check out the FREE Collecting Keys “Invest Anywhere” Guide to learn how to find deals in ANY MARKET Completely virtually (this is how we scaled to over a dozen markets)!https://instantinvestor.collectingkeys.com/invest-anywhereFollow us on Instagram!https://www.instagram.com/collectingkeyspodcast/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/https://www.instagram.com/dylan_does_dealsThis episode was produced by Podcast Boutique https://www.podcastboutique.com
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Oct 28, 2024 • 39min

EP 378 - From Total Beginner to Seven Wholesaling Deals in Two Months w/ Brandon Hien

What did you think of todays show??How can you go from knowing nothing about real estate to closing seven deals in two months? Here’s how Brandon Hien pulled it off as a virtual operator.This episode dives into the actions that helped him go from total beginner to building real momentum in his new real estate business. Brandon shares how he overcame early obstacles, found a reverse wholesaling partner, and successfully sources deals and makes offers remotely. Tune in to hear what it takes to break into real estate!Topics discussed:Getting into real estate with no real estate knowledge (2:37)The turning point in his real estate journey (4:41)How new investors should source deals (8:25)Three things that helped Brandon finally get deals (13:47)Establishing a reverse wholesaling relationship (18:14)Challenges of building a virtual wholesaling business (21:12)Balancing a W2 job while scaling a real estate business (24:44)Brandon’s goals and how he plans to reach them (27:55)Advice for new investors (36:05)Connect with Josh Bauerle:https://www.instagram.com/josh_bauerle/Learn more about the Collecting Keys SCALE Community! https://collectingkeys.com/scale/Check out the FREE Collecting Keys “Invest Anywhere” Guide to learn how to find deals in ANY MARKET Completely virtually (this is how we scaled to over a dozen markets)!https://instantinvestor.collectingkeys.com/invest-anywhereFollow us on Instagram!https://www.instagram.com/collectingkeyspodcast/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/https://www.instagram.com/dylan_does_dealsThis episode was produced by Podcast Boutique https://www.podcastboutique.com
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Oct 25, 2024 • 17min

EP 377 - How Dylan Quit His High-Paying W2 and Built His Real Estate Business

What did you think of todays show??Real estate success doesn’t happen overnight, but it’s worth the grind. This episode takes you through Dylan’s origin story, from working overtime at a high-paying pharmacy job to building a $600K real estate business in just two years. He shares how he discovered real estate, his early mistakes, and what helped him fund his investments. Tune in to hear how he turned hard work and calculated risks into financial freedom!Learn more about the Collecting Keys SCALE Community! https://collectingkeys.com/scale/Check out the FREE Collecting Keys “Invest Anywhere” Guide to learn how to find deals in ANY MARKET Completely virtually (this is how we scaled to over a dozen markets)!https://instantinvestor.collectingkeys.com/invest-anywhereFollow us on Instagram!https://www.instagram.com/collectingkeyspodcast/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/https://www.instagram.com/dylan_does_dealsThis episode was produced by Podcast Boutique https://www.podcastboutique.com
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Oct 23, 2024 • 36min

EP 376 - Should You Take Your Real Estate Business National or Stay Local?

What did you think of todays show??We’re making a major change to our real estate business — and it might surprise you. After years of managing both local and national operations, we’ve learned which business model brings more profitability and less risk.In this episode, find out how we’re scaling down while boosting profits and what downsizing could mean for our future. We discuss the pros and cons of running a local versus national real estate business, how each has impacted our bottom line, and why we’re enjoying working in our business again. Hear why we’re making this bold shift and consider rethinking your own strategy!Topics discussed:Why we’re changing our business model (1:24)Pros and cons of running a national real estate business (5:30)The benefits of operating in local markets (7:44)How profitability and risk changes as you scale (10:51)The best way to leverage your business to build wealth (20:31)Managing cash flow in your business (22:15)When to stop delegating and get back to working (24:02)Don’t trust these real estate gurus (27:15)Preparing for the next real estate upswing (31:52)Learn more about the Collecting Keys SCALE Community! https://collectingkeys.com/scale/Check out the FREE Collecting Keys “Invest Anywhere” Guide to learn how to find deals in ANY MARKET Completely virtually (this is how we scaled to over a dozen markets)!https://instantinvestor.collectingkeys.com/invest-anywhereFollow us on Instagram!https://www.instagram.com/collectingkeyspodcast/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/https://www.instagram.com/dylan_does_dealsThis episode was produced by Podcast Boutique https://www.podcastboutique.com
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Oct 21, 2024 • 29min

EP 375 - Section 8 Housing: Pros, Cons, and Your Key to Consistent Cash Flow w/ Josh Bauerle

What did you think of todays show??Having cash flow problems with your rental properties? Ohio real estate investor Josh Bauerle knows the struggle but he’s found a solution to ensure steady monthly income.In this episode, we discuss the pros and cons of Section 8 housing and how to build wealth with rentals. Josh also shares how he runs his business with minimal overhead, finances deals with no cash down, balances his roles in the business, and more. Join the conversation now!Topics discussed:Why Josh sold two businesses and his rental portfolio (2:51)Running a lean operation with a small team (4:12)Sourcing deals: outsourcing marketing versus doing it yourself (4:45)How he funds his investment strategy (9:16)Balancing your responsibilities as a solo operator (10:42)Key KPIs is Josh’s business (13:07)The pros and cons of Section 8 housing (14:22)How rentals can help you build wealth (21:42)The biggest challenge in Josh’s business (23:46)Josh’s crazy real estate ghost story (24:41)Connect with Josh Bauerle:https://www.instagram.com/josh_bauerle/Learn more about the Collecting Keys SCALE Community! https://collectingkeys.com/scale/Check out the FREE Collecting Keys “Invest Anywhere” Guide to learn how to find deals in ANY MARKET Completely virtually (this is how we scaled to over a dozen markets)!https://instantinvestor.collectingkeys.com/invest-anywhereFollow us on Instagram!https://www.instagram.com/collectingkeyspodcast/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/https://www.instagram.com/dylan_does_dealsThis episode was produced by Podcast Boutique https://www.podcastboutique.com
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Oct 18, 2024 • 8min

EP 374 - Verifying if a Real Estate Guru is Legit

What did you think of todays show??Knowing who to trust in real estate can save you thousands — and potentially make you millions. With so many real estate gurus out there, it’s hard to know who is a legitimate operator and who’s just trying to sell you something. In this Friday Focus episode, Mike breaks down how to sift through the hype and find people who offer true value. Learn how to spot the real experts and avoid falling for the wrong advice!Learn more about the Collecting Keys SCALE Community! https://collectingkeys.com/scale/Check out the FREE Collecting Keys “Invest Anywhere” Guide to learn how to find deals in ANY MARKET Completely virtually (this is how we scaled to over a dozen markets)!https://instantinvestor.collectingkeys.com/invest-anywhereFollow us on Instagram!https://www.instagram.com/collectingkeyspodcast/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/https://www.instagram.com/dylan_does_dealsThis episode was produced by Podcast Boutique https://www.podcastboutique.com

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