Best Real Estate Investing Advice Ever

Returning guest Ryan Groene from episode JF1686 shares a great learning experience around partnering with the wrong group of individuals. Ryan explains how quick partnerships on a single deal or two is significantly different from partnering to grow a business. He shares 5 great questions he plans to ask before deciding to partner with a future individual and how important it is to get to know them at a more personal level. 

Ryan Groene Real Estate Background:

  • Full time Mobile Home Park Owner and Operator
  • Has owned 3 mobile home parks totaling 175 spaces, 
  • Based in Charleston, SC
  • Say hi to him at ryan.groene55ATgmail.com 
  • Best Ever Book: What it Takes By Stephen Schwarzman

Best Ever Tweet:

“You kinda have to find somebody who matches your lifestyle, and somebody you don't mind spending a lot of time with, whether it's virtual over on the phone, email back and forth, texting back and forth or even in person.” Ryan Groene

The Best Ever Conference is approaching quickly and you could earn your ticket for free. 

Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell. 

Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear.

Direct download: JF_1999_Ryan_Groene.mp3
Category:general -- posted at: 7:00am EDT

Russ’s goal is to teach people how to build wealth without wall street. He shares the first step to building his client's wealth by looking at the five pillars; Building cash flow, Cash Value, Real Estate, Business, and Lending. Russ will change how you see life-insurance when most people have the Walmart shopping mindset of paying as little as possible with the hopes of big returns, he suggests the opposite and explains an old secret in Whole Life Insurance. 

Russ Morgan Real Estate Background:

  • Started career in the financial industry, just to be in shock when the DOW Jones plummeted 800 points in 2008
  • Now Russ, with his company Wealth Without Wallstreet, helps clients invest their money in something safer, develop financial strategies, and plan for retirement
  • Based in Birmingham, AL
  • Say hi to him at http://www.wealthwithoutwallstreet.com/
  • Best Ever Book:

Best Ever Tweet:

“An Insurance Policy when somebody pays a premium, I kind of refer to it more as a deposit. When that money goes into an insurance policy, it's going to have to buy life insurance.  ” - Russ Morgan

The Best Ever Conference is approaching quickly and you could earn your ticket for free. 

Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell. 

Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear.

Direct download: JF_1998_Russ_Morgan.mp3
Category:general -- posted at: 7:00am EDT

Theo Hicks shares the top states and cities with High Job Growth Markets in 2019. The information in this report is important to you because more jobs equal more demand for rentals. Listen to see if you are in one of the top job growth markets, and if you are, please let us know how this has impacted your business.

Best Ever Tweet:

“We also like to end our emails with some sort market-related update whether specific to the neighborhood, city, or something that state-specific, so if you're investing in the market that I mentioned today then this is great information you can include in your emails”  Theo Hicks

The Best Ever Conference is approaching quickly and you could earn your ticket for free.

Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell. 

Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear.

Direct download: JF_1997_-_SS_120_-_Series_56.mp3
Category:general -- posted at: 7:00am EDT

In this episode, Theo explains the communication process with your passive investors when you decided to sell your deal. Theo first gives you the outline of the process and then dives into each step into detail with you to make sure you are prepared to communicate with your investors when you are selling your own deal. He also explains the email templates Joe uses when he has sold his own deals and makes them available to you.

Best Ever Tweet:

“Now it's going to be a little different if you decide to do a 1031 exchange. That means the investor has the option to A. Cashout Profits, or B. Exchange their initial investment plus their profits into a new deal.”  Theo Hicks

The Best Ever Conference is approaching quickly and you could earn your ticket for free.

Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell. 

Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear.

Direct download: JF_1996_-_SS_119_-_Series_55.mp3
Category:general -- posted at: 7:00am EDT

Bob Lachance is an Ex Professional hockey player who dived right into real estate investing with no experience. He took a leap of faith, by asking an investor if they needed help and from there his story began. He shares a valuable lesson from a mistake he made along the way that cost him $150,000 in one day. He is a good example of why you keep pushing forward, taking every mistake as a lesson, and staying open minded to discover what you will be good at. 

Bob Lachance Real Estate Background:

  • An active business owner and real estate investor since 2004
  • Ex professional hockey player
  • For the last 5 years Bob has run one of the premiere Virtual Assistant Staffing companies in the world. REVA Global LLC.
  • Based in Hartford, CT
  • Say hi to him at https://revaglobal.com
  • Best Ever book: Traction 

Best Ever Tweet:

"I look at everything as a learning experience, I invested outside my area of expertise I didn’t know anything about knock down rebuilds. Failure is what it is, it's something you have to learn from.”- Bob Lachance

The Best Ever Conference is approaching quickly and you could earn your ticket for free.

Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell. 

Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear.

Direct download: JF_1995_Bob_Lachance.mp3
Category:general -- posted at: 7:00am EDT

Dustin Seyersdahl is an active real estate investor in Cincinnati. He started in real estate through contracting and eventually started flipping homes and falling on his face a few times. You will learn the lessons he learned from the early mistakes he has made. He also shares some of the reasons he has been able to rapidly grow his wholesaling business.

Dustin Seyersdahl Real Estate Background:

  • Active real estate investor in Ohio specializing in retail flips and runs a rapidly growing wholesale operation
  • Flipped multiple properties in his first year of investing
  • Wholesales over 10 properties per month, with plans to double the volume in 2020
  • Based in Cincinnati, OH
  • Say hi to him at https://cash4ohiohouses.com/ 

Best Ever Tweet:

"A Couple of days ago somebody had been sold a property and it was on a Demo List, they would have never known unless they would have pulled a title search. I strongly suggest working with title companies and learning that side of the business.” - Dustin Seyersdahl

The Best Ever Conference is approaching quickly and you could earn your ticket for free.

Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell. 

Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear.

Direct download: JF_1994_Dustin_Seyersdahl.mp3
Category:general -- posted at: 7:00am EDT

Pat Hiban is a returning guest and for those who don’t know Pat he is the owner of Pat Hiban Group with Keller Williams, Host his own podcast called “Real Estate Rockstars” and has a new book called “Tribe of Millionaires”. We discuss the importance of surrounding yourself with wealthy individuals who are not “yes-man”, people who peel back the onion and call you on your nonsense. You will be challenged and put in an uncomfortable situation but follow this advice and you will grow. 

Pat Hiban Real Estate Background:

Best Ever Tweet:

"What happens with a successful Mastermind what Napoleon Hill found that couldn’t be explained is the multiplier effect which is the right group of people compounds your efforts. The wrong group of people confounds your efforts”- Pat Hiban

The Best Ever Conference is approaching quickly and you could earn your ticket for free.

Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell. 

Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear.

Direct download: JF_1993_Pat_Hiban.mp3
Category:general -- posted at: 7:00am EDT

David Lecko is from Indianapolis and the CEO of Deal Machine. Deal Machine is a real estate investing app that puts you in touch with any property owner via direct mail, phone, and email. All you have to do is simply take a photo and you instantly see who owns it, then choose how you want to get in touch with the owner. David also shares how his app can help you hire drivers to help you find more properties. 

David Lecko Real Estate Background:

  • CEO Of Deal Machine -  a real estate investing app that puts you in touch with any property owner via direct mail, phone, and email. When you see a house, simply take a photo and instantly see who owns it, then choose how you want to get in touch with the owner.
  • Last year app been used to capture 4 Million Potential deals 
  • Based in Indianapolis
  • Say hi to him at https://dealmachine.com/

Best Ever Tweet:

"Obviously you don’t want to Lock up a Property that you know you can’t honor the purchase price, but if after your inspection you realize it's going to cost more than what you thought to fix, then it's perfectly fine to go renegotiate with the seller"- David Lecko

The Best Ever Conference is approaching quickly and you could earn your ticket for free.

Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell. 

Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear.

Direct download: JF_1992_November_Meetup.mp3
Category:general -- posted at: 9:30am EDT

Joel is a business owner, investor and a CPA who has completed 80,000 tax returns for clients in all 50 states. Surprisingly, he has yet to do a deal where he’s lost money. In this episode, he shares how he manages risk and talks about why it is important to be more focused on the margin of a deal rather than the top-line revenue figures.

Joel Jensen Real Estate Background:

  • CPA, investor, and business owner
  • Co-Founder of Tax Sentry, specializing in real estate taxation
  • Has completed over 80,000 tax returns for clients in all 50 states
  • Based in Provo, UT
  • Say hi to him at http://taxsentry.com/ 

Best Ever Tweet:

"It just kind of reemphasizes that accounting nature in me, that tracking numbers and how you spend your money is probably one of the most important things you can do when it comes to actually doing your tax return.” - Joel Jensen 

The Best Ever Conference is approaching quickly and you could earn your ticket for free.

Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell. 

Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear.

Direct download: JF_1991_Joel_Jensen.mp3
Category:general -- posted at: 8:00am EDT

Theo dives deep into the top cities with the highest growth in rent. Everything being equal, a higher rent growth should mean higher payouts to your investors over time. Of course there are multiple factors to take into account, as Theo explains by giving an example of how some towns will have high growth rent but the other important factors are missing so it would not be a good fit to invest in. The states with the most cities listed are Texas, Nevada, and Phoenix.

Best Ever Tweet:

"You always want to be conservative in your annual income growth assumption, if its 5%,10%, 4%, 3%, whatever it is you want to assume it's going to grow less than the previous historical rate" -Theo Hicks

The Best Ever Conference is approaching quickly and you could earn your ticket for free.

 Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell. 

Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear.

Direct download: JF_1990_-_SS_122_-_Series_59.mp3
Category:general -- posted at: 7:00am EDT