1000Houses.com Podcast

1000Houses.com Podcast

By Mitch StephenBusinessInvestingCareers
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1000Houses.com Podcast episodes

  • Episode 250: Unique Ways to Grow your IRAs and Retirement Account

    Tim Berry has been a tax attorney for over 20 years and helped thousands of people free up their retirement plan assets to invest in real estate. He has been dealing with IRA and 401k issues since 1997 and helps his clients with:

    Analyzing Self Directed IRA and Self Directed 401k transactions to make sure they complied with the rules.

    Fixing messed up rollovers
    Fix valuation errors with self directed IRAs and 401ks
    Correct reporting errors on 1099s and 1040s for IRA
    Design an estate plan for retirement plans
    Analyze their account for violations of the prohibited transaction rules and try to repair the violations
    Make sure their retirement plans have asset protection (some experts might tell you all retirement plans are protected, but Tim’s been hired by bankruptcy attorneys to successfully take IRA assets away)
    Tim works with clients all around the country, typically billing by project, not by hour. That means his clients don’t get unexpected and expensive bills. As an investor himself, Tim knows the benefits of investing in real estate.

    What you’ll learn about in this episode:

    How Tim got involved in the area of retirement planning, and what lessons he’s learned after twenty years in the business
    How it’s possible to legally live a completely tax-free life, and what services Tim provides to his clients
    How, with an attorney’s help, you can run all your real estate deals through your 401K and avoid paying taxes
    Why Tim’s tax-free strategies are a well-kept secret that more people should be taking advantage of
    Why a “401K with checkbook control” is a powerful and flexible tool that can legally be used for many business purposes
    Why financial planners hate self-directed 401K accounts, and why many misconceptions benefit the middle-men
    How to access Tim Berry and Mitch Stephen’s joint 401K course to learn about self-directed 401K accounts and how to set them up
    Why you can use your self-directed retirement plan to loan money at a higher rate for better returns
    Why a self-directed retirement account can help you compound your net worth exponentially
    Why the Freedom First 401K slogan is “we help you keep more of what you make”
    Resources:
    REInvestorSummit.com/Consult
    REInvestorSummit.com/FreedomFirst
    REInvestorSummit.com/GetStarted
    REInvestorSummit.com/Machine
    REInvestorSummit.com/skiptrace





    25 min
  • Episode 249: Social Media in Real Estate

    Tim Macy is an Air Force Veteran and Real Estate Investor. He is a licensed agent with eXp Realty and leader of the Terrell-Macy Group. Tim and his partner Emily bring a unique product to the San Antonio real estate market, offering investors an investor friendly team while providing all of the great marketing and sales of a retail team. Tim is experienced in renovations, rentals, REOs, auctions, owner finance, and many other types of transactions.

    What you’ll learn about in this episode:

    How Tim Macy got started in video and social media promotion, and how he’s built his career around it
    How Tim deliberately structures his content to gain maximum exposure and impact across many different media platforms
    Why your content matters more than your production values for getting more views and better viewer engagement
    Why the intent of adding value for your viewers is more important than the idea of making money from your content
    The difference between artists, entrepreneurs and operators, and which category Tim belongs to
    How creating authentic video content can help you market your business and help you build trust with potential sellers
    Why social media and videography are underdeveloped areas with a great deal of potential for real estate investors
    Why consumer behavior, advertising platforms and relevant content change over time, and how to keep up with those changes
    Resources:
    REInvestorSummit.com/noteservicing
    REInvestorSummit.com/Grow
    REInvestorSummit.com/100
    REInvestorSummit.com/101
    REInvestorSummit.com/coaching





    33 min
  • Episode 248: How Land Trusts Will Protect Your Business, with Lou Brown

    Real Estate investors in all fifty states across Canada and fifteen foreign countries including as far away as Australia and New Zealand have long regarded the training, systems, and forms created by Louis Brown as the best in the industry.

    Quoted as an expert by many publications and authors, “Lou” draws from a wide and varied background as a real estate investor having been buying property since 1976. He’s invested in single-family homes, apartments, hotels, developed subdivisions and built and renovated homes and apartments. Each of these experiences has given him a proving ground for the most cutting-edge concepts in real estate today.

    He’s widely known as a creative financing genius with his deal structuring concepts. Being a teacher at heart he enjoys sharing his discoveries with others.

    He has served the industry in many volunteer positions such as past President and designated lifetime member of the Georgia Real Estate Investors Association, the world’s largest real estate investor group. He is also founding President of the National Real Estate Investors Association, which serves as the umbrella association of local investor groups.

    Husband, Father, Author, Lecturer, Inventor, Investor, Builder, Designer, and Real Estate Expert are all descriptions of this exciting trainer.

    What you’ll learn about in this episode:

    How Lou served as the president of organizations like the National Real Estate Investor Association
    How technology has evolved Lou’s real estate business and created many exciting new opportunities
    Why land trusts can be a crucial component in protecting you from a litigious real estate environment
    How land trusts work, what their asset protection implications are, and why they are an inexpensive but critical investment
    Why a trust can avoid the difficulties and risks inherent in designating heirs for your assets through a will
    Why each of your properties should be held within its own separate trust to protect each property from judgments against other properties
    How a trust allows ownership of a property to transfer to a beneficiary while the liability of the property stays with the trust
    Why Lou first got involved in trusts by buying his first house at 18 years old
    How Lou’s land trust course came to be, through setting up his own land trusts with his wife
    Where to go to access Lou’s information on land trusts and personal property trusts at a discount
    Resources:
    REInvestorSummit.com/LouTrusts
    REInvestorSummit.com/PATLive
    REInvestorSummit.com/capital
    REInvestorSummit.com/aof
    REInvestorSummit.com/101





    58 min
  • Episode 246: 11 Year Old Day Trader – Over 6 figures and counting!
    Barely standing 5 feet tall, 11-year-old day trader, Christon “The Truth” Jones is on a mission–a mission to help 1000 people become successful. And he does it one stock at a time. Yes! He’s a day trader.

    At the age of 8, Truth faced off with his own bullies and penned his first book, The Win Within, to help other kids. He made $5000 in 90 days by peddling his book door to door.

    An internationally bestselling author by the age of 10, Truth’s investor students of his Truth Success Series, an online mastermind course, include adults who want to soak up his wisdom.
    During that same year, home-schooled Truth caught a story of a 14-year old investor who made $50,000 and he was instantly bitten by the investor-bug. His mom took an investing class; Truth soaked it all in, and a bonafide investor (whose Mom still needs to make his actual trades for him) was born.

    He’s been featured on ABC, NBC, FOX News, CBS, Black Enterprise, Huffington Post, and Inc Magazine!

    TRUTH’S TAKE on investing
    “It’s much more fun to buy stuff when you know you own part of the company so I like to splurge on X-Box games and of course Amazon is my first choice when my mom has to order stuff.”
    So what’s his secret to how he earned $10,000 in just a few short months of investing in the stock market?

    TRUTH’S TAKE to discover the T.R.U.T.H. about the company.
    T – Tap 20 companies that you really like. Be sure to choose companies in which you already buy their stuff
    R – Research these companies and find everything you can. Read AND watch the news
    U – Understand the company’s historical data. How has it been performing in the past? There could be key indicators to predict its future performance
    T – Trade AFTER closing. Investing can be an emotional roller coaster. Sleep on it and trade the next day
    H – Have an entry & exit strategy. Know what your bottom line numbers are, to determine when you will buy the stock and when you have hit your profit number so you get out. And stick to it!

    What you’ll learn about in this episode:
    How eleven year old Christon “The Truth” Jones became an author, a day trader and entrepreneur
    How The Truth made over $5000 in 90 days selling his self-published book at the age of eight
    Why self-study, passion and drive have helped The Truth develop a wisdom beyond his years
    Why The Truth began day-trading in stocks and found significant financial success
    Why he chose the name “The Truth”, and how it ties into his business philosophy
    How The Truth has become a sought-after speaker and has given numerous interviews with major media outlets
    Why The Truth’s passion is speaking to urban youth and former athletes to teach them how to make money investing
    Why The Truth became a self-starting entrepreneur at the age of eight to deal with bullying from his football team
    Why his passion for helping others and support and encouragement from his mother have given The Truth the drive to succeed
    The Truth’s plans for the next year, including his own upcoming kids-only business conference
    Resources:
    REInvestorSummit.com/TheTruth
    REInvestorSummit.com/Everywhere
    REInvestorSummit.com/live
    REInvestorSummit.com/100
    REInvestorSummit.com/101

    Love the show? Subscribe, rate, review, and share!

  • Here’s How »


  • Join the Real Estate Investor Summit Community:

  • reinvestorsummit.com

  • Real Estate Investor Summit Faceboo...
  • 27 min
  • Episode 246: 11 Year Old Day Trader – Over 6 figures and counting!

    Barely standing 5 feet tall, 11-year-old day trader, Christon “The Truth” Jones is on a mission–a mission to help 1000 people become successful. And he does it one stock at a time. Yes! He’s a day trader.

    At the age of 8, Truth faced off with his own bullies and penned his first book, The Win Within, to help other kids. He made $5000 in 90 days by peddling his book door to door.

    An internationally bestselling author by the age of 10, Truth’s investor students of his Truth Success Series, an online mastermind course, include adults who want to soak up his wisdom.

    During that same year, home-schooled Truth caught a story of a 14-year old investor who made $50,000 and he was instantly bitten by the investor-bug. His mom took an investing class; Truth soaked it all in, and a bonafide investor (whose Mom still needs to make his actual trades for him) was born.

    He’s been featured on ABC, NBC, FOX News, CBS, Black Enterprise, Huffington Post, and Inc Magazine!

    TRUTH’S TAKE on investing

    “It’s much more fun to buy stuff when you know you own part of the company so I like to splurge on X-Box games and of course Amazon is my first choice when my mom has to order stuff.”
    So what’s his secret to how he earned $10,000 in just a few short months of investing in the stock market?

    TRUTH’S TAKE to discover the T.R.U.T.H. about the company.

    T – Tap 20 companies that you really like. Be sure to choose companies in which you already buy their stuff
    R – Research these companies and find everything you can. Read AND watch the news
    U – Understand the company’s historical data. How has it been performing in the past? There could be key indicators to predict its future performance
    T – Trade AFTER closing. Investing can be an emotional roller coaster. Sleep on it and trade the next day
    H – Have an entry & exit strategy. Know what your bottom line numbers are, to determine when you will buy the stock and when you have hit your profit number so you get out. And stick to it!

    What you’ll learn about in this episode:

    How eleven year old Christon “The Truth” Jones became an author, a day trader and entrepreneur
    How The Truth made over $5000 in 90 days selling his self-published book at the age of eight
    Why self-study, passion and drive have helped The Truth develop a wisdom beyond his years
    Why The Truth began day-trading in stocks and found significant financial success
    Why he chose the name “The Truth”, and how it ties into his business philosophy
    How The Truth has become a sought-after speaker and has given numerous interviews with major media outlets
    Why The Truth’s passion is speaking to urban youth and former athletes to teach them how to make money investing
    Why The Truth became a self-starting entrepreneur at the age of eight to deal with bullying from his football team
    Why his passion for helping others and support and encouragement from his mother have given The Truth the drive to succeed
    The Truth’s plans for the next year, including his own upcoming kids-only business conference
    Resources:
    REInvestorSummit.com/TheTruth
    REInvestorSummit.com/Everywhere
    REInvestorSummit.com/live
    REInvestorSummit.com/100
    REInvestorSummit.com/101

    Love the show? Subscribe, rate, review, and share!
    • Here’s How »
    • Join the Real Estate Investor Summit Community:
      • reinvestorsummit.com
      • Real Estate Investor Summit Facebook
      • Real Estate Investor Summit Twitter
      • Real Estate Investor Summit YouTube
      • Mitch Stephen LinkedIn
      • 30 min
      • Episode 247: Health Insurance for Entrepreneurs

        Eric Dalton is a longtime North Texas resident with deep roots in the community. Eric has strong family values and has twin juniors in College. After successful careers in the hotel and the cable industry he transitioned to the world of health insurance where he found his passion. He understands the importance of having your health plan work for you when you need it the most. Eric is licensed in multiple states for health, life, dental and vision plans. Eric is very proud of his high retention rate amongst his clients. The happiness of his clients is a direct result of listening to their needs and making sure they have the right coverage at the best rate. Eric’s philosophy is “whether you insure with me or not, make sure that you have health insurance and do not expose you or your family financially”.

        What you’ll learn about in this episode:

        Why pre-existing conditions still matter with regards to getting insurance outside of ACA markets, and why they still affect your premium
        Why “open enrollment” only applies to ACA insurance and not to policies purchased directly from insurance companies
        Why it’s important to reevaluate your health insurance every couple of years and shop around for policies that better fit you
        Why joining a “group” as an entrepreneur for a lower rate is a myth
        Why your policy should be built for major health events like hospital stays, rather than minor events like doctor check-ups
        How Eric sells insurance throughout Texas as well as within multiple other states
        How to find plans that offer insurance benefits even for out-of-network doctor visits
        How networks vary from provider to provider, and why it’s important to understand what is and is not covered
        The difference between PPO and HMO plans, and why both options can be viable depending upon your health needs
        Resources:
        REInvestorSummit.com/Machine
        REInvestorSummit.com/skiptrace
        REInvestorSummit.com/coaching
        REInvestorSummit.com/aof
        REInvestorSummit.com/101





        26 min
      • Episode 246: 11 Year Old Day Trader – Over 6 figures and counting!

        Barely standing 5 feet tall, 11-year-old day trader, Christon “The Truth” Jones is on a mission–a mission to help 1000 people become successful. And he does it one stock at a time. Yes! He’s a day trader.

        At the age of 8, Truth faced off with his own bullies and penned his first book, The Win Within, to help other kids. He made $5000 in 90 days by peddling his book door to door.

        An internationally bestselling author by the age of 10, Truth’s investor students of his Truth Success Series, an online mastermind course, include adults who want to soak up his wisdom.

        During that same year, home-schooled Truth caught a story of a 14-year old investor who made $50,000 and he was instantly bitten by the investor-bug. His mom took an investing class; Truth soaked it all in, and a bonafide investor (whose Mom still needs to make his actual trades for him) was born.

        He’s been featured on ABC, NBC, FOX News, CBS, Black Enterprise, Huffington Post, and Inc Magazine!

        TRUTH’S TAKE on investing

        “It’s much more fun to buy stuff when you know you own part of the company so I like to splurge on X-Box games and of course Amazon is my first choice when my mom has to order stuff.”
        So what’s his secret to how he earned $10,000 in just a few short months of investing in the stock market?

        TRUTH’S TAKE to discover the T.R.U.T.H. about the company.

        T – Tap 20 companies that you really like. Be sure to choose companies in which you already buy their stuff
        R – Research these companies and find everything you can. Read AND watch the news
        U – Understand the company’s historical data. How has it been performing in the past? There could be key indicators to predict its future performance
        T – Trade AFTER closing. Investing can be an emotional roller coaster. Sleep on it and trade the next day
        H – Have an entry & exit strategy. Know what your bottom line numbers are, to determine when you will buy the stock and when you have hit your profit number so you get out. And stick to it!

        What you’ll learn about in this episode:

        How eleven year old Christon “The Truth” Jones became an author, a day trader and entrepreneur
        How The Truth made over $5000 in 90 days selling his self-published book at the age of eight
        Why self-study, passion and drive have helped The Truth develop a wisdom beyond his years
        Why The Truth began day-trading in stocks and found significant financial success
        Why he chose the name “The Truth”, and how it ties into his business philosophy
        How The Truth has become a sought-after speaker and has given numerous interviews with major media outlets
        Why The Truth’s passion is speaking to urban youth and former athletes to teach them how to make money investing
        Why The Truth became a self-starting entrepreneur at the age of eight to deal with bullying from his football team
        Why his passion for helping others and support and encouragement from his mother have given The Truth the drive to succeed
        The Truth’s plans for the next year, including his own upcoming kids-only business conference
        Resources:
        REInvestorSummit.com/TheTruth
        REInvestorSummit.com/Everywhere
        REInvestorSummit.com/live
        REInvestorSummit.com/100
        REInvestorSummit.com/101





        30 min
      • Episode 245: 1st Two Years as a Houston House Flipper

        Ricardo Rosales was born in Atlanta Georgia and raised in Venezuela. At 17 years old, Richardo moved to Miami, Florida to go to college to then dropped out. He worked on the family business from a very early age until around 20 yrs. of age.

        At 21, he joined the US Navy, stationed in Ingleside, Tx worked in the engine rooms aboard the USS Gladiator as a Diesel Mechanic, and during those 4 years was awarded 3 Navy and Marine Corps Achievement Medals and several other awards. At 25, he left the US Navy to pursue employment in the Oil and Gas industry where he became a Subsea Service Technician and worked offshore all over the world for about 8-9 years.

        At 27-28, Ricardo was sitting on the couch watching a tv show called Flip This House and got interested in real estate. He then bought first investment property after a few months. At 34, he had already completed part-time over 50 rehabs and was now the head of 100M a year business unit for one of the largest Oil Field Service Providers in the world.

        At 37, Ricardo got laid off and decided to go full time in real estate in August 2015. He has completed over 200 rehabs (Holds and Flips), started a wholesaling business in the Houston area, currently has 23 flips ongoing and a few other properties rented, a few properties on the market for retail as well as for wholesale. He raised Millions of dollars in private funds, and at 39 co-founded CashFlow Marketing Inc to provide a service to the industry of direct mailing.

        At 40 years of age, Ricardo is looking to expand his network and learn other strategies in the commercial real estate as well as multifamily units, expand the wholesaling business and marketing business.

        What you’ll learn about in this episode:

        Ricardo’s career journey from military service to real estate investing, and how his path shaped his outlook on life
        How Ricardo used the internet to educate himself about the real estate investing industry
        How Ricardo set up and operates his business, and his process for buying investment homes
        Why successfully buying homes is as much about helping sellers as it is about making money
        Why channeling your passion and finding meaning in everything you do is crucial to your success and happiness
        Ricardo’s process for rescuing and flipping houses and how it has evolved to meet his business needs and market conditions
        How Ricardo got started using Airbnb to make money on houses that have proven slow to sell
        Ricardo’s advice for new investors just starting out in the industry
        Resources:
        REInvestorSummit.com/note
        REInvestorSummit.com/Grow
        REInvestorSummit.com/coaching
        REInvestorSummit.com/100
        REInvestorSummit.com/101





        27 min
      • Episode 244: Find Motivated Sellers Rapidly; This will Change Your Biz!

        David Lecko is the CEO of DealMachine — a real estate investing app that puts you in touch with any property owner via direct mail, phone, and email. Next time you are out and about and you see a house that looks abandoned or interesting, simply take a picture of it with the DealMachine App to instantly see who owns it. Then choose your contact method and get in touch with the owner and offer to buy it. DealMachine launched in the summer of 2017, and users report making as much as $25,000 over the last 4 months by looking for houses on their commutes that appear run down and contacting the owner via dealmachine and then selling the properties to an investor. Since using DealMachine at least one user has quit his job with the income earned from using DealMachine.

        David turned to real estate to free up his time in order to create apps like DealMachine that solve real-world problems. On a mission to find financial independence, with a single real estate deal, David was able to reduce his living expenses to effectively $0 earlier this year, freeing up his time to quit his 9-5 job and work on DealMachine.

        What you’ll learn about in this episode:

        Why David Lecko developed a real estate app to help him track information about his real estate deals
        How you can use David’s app to instantly gather information and communicate with homeowners who may be interested in selling
        How David’s app handles all correspondence with potential sellers for a nominal charge, saving you time and effort
        David explains the base pricing for his app’s services and what value you get for your money
        How David’s app can find the full sales history and outstanding mortgage balance for a property
        How David’s app allows you to have a team of people searching for deals without you having to lift a finger
        How to get free unlimited property lookups and $6 in mailing credit for David’s app just for being a Real Estate Investor Summit podcast listener
        David’s advice for new real estate investors just starting out in the business
        Resources:
        REInvestorSummit.com/Machine
        REInvestorSummit.com/noteservicing
        REInvestorSummit.com/Grow
        REInvestorSummit.com/aof
        REInvestorSummit.com/coaching





        27 min
      • Episode 253: Sharon Vornholt: Mining in Probate

        Sharon Vornholt has been investing in real estate in the Louisville, KY area since 1998. In addition to being a full-time investor, she is the creator of the Louisville Gals Real Estate Blog and hosts a popular podcast called “Let’s Talk Real Estate Investing”. Sharon writes articles for a number of sites for real estate investors, and she is a regular contributor to REI Wealth Magazine. She is also a coach, a mentor and hosts several live events every year.

        What you’ll learn about in this episode:

        Why Sharon specializes in probate, marketing and branding; and how she got involved in real estate
        Sharon’s advice for getting started in probate and for tracking down leads and getting probate lists
        Why you only need to know the name and address of the deceased and the name and address of the executor
        Why it’s vitally important to make connections and form relationships of trust with probate attorneys
        How persistence can be the pillar of successful direct mailing campaigns, especially in probate homes
        Why Sharon doesn’t mail to surviving spouses, and why she likes using professional letters
        How to use Bonjoro Video Email to reach out to prospective sellers and get their attention
        Why the key to success in probate real estate is maintaining momentum and sending repeated, low-key contact
        Resources:
        Bonjoro Video Email: www.bonjoro.com
        REInvestorSummit.com/GoProbate
        REInvestorSummit.com/FreeProbateLetter
        REInvestorSummit.com/Machine
        REInvestorSummit.com/noteservicing
        REInvestorSummit.com/100
        REInvestorSummit.com/101

        Love the show? Subscribe, rate, review, and share!
        • Here’s How »
        • Join the Real Estate Investor Summit Community:
          • reinvestorsummit.com
          • Real Estate Investor Summit Facebook
          • Real Estate Investor Summit Twitter
          • Real Estate Investor Summit YouTube
          • Mitch Stephen LinkedIn
          • 28 min

          About 1000Houses.com Podcast

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