Accredited Income Property Investment Specialist (AIPIS)

Susan Lassiter-Lyons is the founder of TheInvestorInsights.com, twice voted the #1 real estate investing blog. An investor since 1994, Susan has closed more than 600 transactions and raised $26.2 million in private capital.

Susan is a passionate teacher, growth strategist, and private money coach. She is also the author of Getting the Money: The Simple System for Getting Private Money for Your Real Estate Deals

Key Takeaways:

[2:58] If the bulk REO purchases are even available anymore

[6:20] The size of bulk REOs that you're looking at with the big banks, and how a smaller investor can find REOs of their own

[10:15] The quality of house you can find in the REO market

[14:20] The art of financing a deal

[16:05] Susan's 2 prong system to financing

[20:22] The types of rate Susan has been able to get ( for her and her students) when going through agencies and private investors

[23:09] How a hard money lender turned Susan down for a loan and changed her investing for the better

[26:27] The paradigm shift that needs to happen in terms of how real estate investors think of private money

[29:24] The question Susan asks to private money investors that helps her get low rates while helping them stay happy

Websites Mentioned:

www.theinvestorinsights.com

Jeff K. Johnson is the President of Black Commercial, Inc., one of Spokane's largest property management and commercial real estate companies. Jeff is a licensed REALTOR® and has worked in the real estate profession since 1975. Jeff specializes in the sale, leasing, and development of office buildings. Much of Jeff's work includes assisting Fortune 500 companies with the acquisition and disposition of corporate real estate. Jeff is also the managing general partner in numerous real estate investment partnerships. Prior to moving to Spokane, Jeff grew up in Iowa and attended Waldorf College in Forest City. Jeff has consistently been one of the top producing commercial real estate brokers in Spokane. Key Takeaways: [1:52] Jeff's start in the real estate business [4:02] If paying off your mortgages is really a good idea [6:40] The benefits of asset accumulation [8:35] The positives and negatives of leverage [10:04] Debt coverage ratios [12:30] Whether cap rates are really that important [16:00] An important key to being a successful real estate investor [18:41] The false expectation paradigm [21:30] Why zoning is so much harder to change today (and how that impacts buying land as an investment) Website Mentioned: www.naiblack.com

Jeff K. Johnson is the President of Black Commercial, Inc., one of Spokane’s largest property management and commercial real estate companies. Jeff is a licensed REALTOR® and has worked in the real estate profession since 1975.

Jeff specializes in the sale, leasing, and development of office buildings. Much of Jeff’s work includes assisting Fortune 500 companies with the acquisition and disposition of corporate real estate. Jeff is also the managing general partner in numerous real estate investment partnerships. Prior to moving to Spokane, Jeff grew up in Iowa and attended Waldorf College in Forest City. Jeff has consistently been one of the top producing commercial real estate brokers in Spokane.

Key Takeaways:

[1:52] Jeff's start in the real estate business

[4:02] If paying off your mortgages is really a good idea

[6:40] The benefits of asset accumulation

[8:35] The positives and negatives of leverage

[10:04] Debt coverage ratios

[12:30] Whether cap rates are really that important

[16:00] An important key to being a successful real estate investor

[18:41] The false expectation paradigm

[21:30] Why zoning is so much harder to change today (and how that impacts buying land as an investment)

Website Mentioned:

www.naiblack.com

Justin Williams, Founder of House Flipping HQ. With over 8 years of experience as a real estate investor, having flipped over 500 homes, Justin is dedicated to making House Flipping HQ the ultimate online resource for house flipping. His goal is to provide the house flipping resource hub that he wished had been around when he first started out. No fluff. Just real, actionable information that you can use today. Justin and Jason had a dual interview where they discussed flipping or buy and hold, how to run a successful business and ways to make your overall life better. Key Takeaways: [2:14] Justin's niche in the real estate environment [4:11] The number of markets Jason recommends being in [6:00] Jason's history in the real estate world [8:30] The infomercial that got Justin into real estate (and why he's still owed a car) [10:28] Justin's educational classes and what they help people do [12:44] Systems that Justin has had to implement to make his business thrive [17:34] The power of testimonials [20:52] The importance of the business model [25:25] Using leverage [27:02] How taking a step back can help your business leap forward [29:13] Why people would rather call successful people liars than admit they did something they haven't [30:56] Addressing the CONTEXT of your life rather than the CONTENT [33:14] How focusing on 2 main businesses at once is a recipe to not have success in either [36:12] You're going to feel the bumps in the road, but you have to keep moving forward and control your emotions Websites Mentioned: www.houseflippinghq.com www.8minutemillionaire.com www.jasonhartman.com www.hartmanmedia.com

Justin Williams, Founder of House Flipping HQ. With over 8 years of experience as a real estate investor, having flipped over 500 homes, Justin is dedicated to making House Flipping HQ the ultimate online resource for house flipping.

His goal is to provide the house flipping resource hub that he wished had been around when he first started out. No fluff. Just real, actionable information that you can use today.

Justin and Jason had a dual interview where they discussed flipping or buy and hold, how to run a successful business and ways to make your overall life better.

Key Takeaways:

[2:14] Justin's niche in the real estate environment

[4:11] The number of markets Jason recommends being in

[6:00] Jason's history in the real estate world

[8:30] The infomercial that got Justin into real estate (and why he's still owed a car)

[10:28] Justin's educational classes and what they help people do

[12:44] Systems that Justin has had to implement to make his business thrive

[17:34] The power of testimonials

[20:52] The importance of the business model

[25:25] Using leverage

[27:02] How taking a step back can help your business leap forward

[29:13] Why people would rather call successful people liars than admit they did something they haven't

[30:56] Addressing the CONTEXT of your life rather than the CONTENT

[33:14] How focusing on 2 main businesses at once is a recipe to not have success in either

[36:12] You're going to feel the bumps in the road, but you have to keep moving forward and control your emotions

Websites Mentioned:

www.houseflippinghq.com
www.8minutemillionaire.com
www.jasonhartman.com
www.hartmanmedia.com

Jason Hartman talks with his client Greg Scott, a real estate investor living in Detroit and employee at Ford, about the current state of the Detroit real estate market, whether it might actually be a GOOD investment now, the future of self driving cars and more. Key Takeaways: [3:09] Where Greg currently owns rental properties [5:29] The peak of metro Detroit's population and what's going on right now that might be making the population grow again [7:37] One of Detroit's suburbs is actually the 11th wealthiest county in the USA [9:53] Some demographic trends in Detroit [11:40] Why Greg is the most optimistic about the future of Detroit than he's been in his entire life [16:12] Some areas of Detroit that go along with the automotive industry and some that don't [18:40] Greg's road to preparing to do multifamily investing in Detroit [23:27] What Greg does for Ford [26:57] How quickly we're approaching self driving cars and the new city built to be a self driving car test ground [29:15] How self driving cars can change the landscape of cities [32:45] If cars didn't need parking spots, what would we do with the 40% of the city that's currently being used for parking

Jason Hartman talks with his client Greg Scott, a real estate investor living in Detroit and employee at Ford, about the current state of the Detroit real estate market, whether it might actually be a GOOD investment now, the future of self driving cars and more.

Key Takeaways:

[3:09] Where Greg currently owns rental properties

[5:29] The peak of metro Detroit's population and what's going on right now that might be making the population grow again

[7:37] One of Detroit's suburbs is actually the 11th wealthiest county in the USA

[9:53] Some demographic trends in Detroit

[11:40] Why Greg is the most optimistic about the future of Detroit than he's been in his entire life

[16:12] Some areas of Detroit that go along with the automotive industry and some that don't

[18:40] Greg's road to preparing to do multifamily investing in Detroit

[23:27] What Greg does for Ford

[26:57] How quickly we're approaching self driving cars and the new city built to be a self driving car test ground

[29:15] How self driving cars can change the landscape of cities

[32:45] If cars didn't need parking spots, what would we do with the 40% of the city that's currently being used for parking

Jefferson Lilly is a mobile home park investment expert, educator, and industry consultant who has been featured in the New York Times, Bloomberg Magazine, and on the 'Real Money' television show. Prior to co-founding Park Street Partners in 2013, Mr. Lilly spent seven years investing his own capital at Lilly & Company where he acquired and continues to operate mobile home parks in the Midwest. Prior to becoming an investor full-time, Jefferson spent 10 years in sales leadership roles with several venture-backed startup companies in Silicon Valley that were acquired by Openwave Systems and VeriSign. Earlier in his career he held operational roles at Viacom and was a consultant with Bain & Company. Key Takeaways: [2:30] The history of Jefferson's investing and value investing with mobile home parks [4:38] Whether the mobile home park scene is too crowded or if there's still room [7:07] How to find a broker for mobile home parks [11:22] If Jefferson prefers park or tenant owned homes [14:02] The interest rates being charged to tenants when they're buying homes [18:20] Why mobile home parks aren't being built anymore [19:25] The biggest mistake Jefferson made in the mobile home park real etate market [22:20] How Jefferson went about turning a mobile home park into a better investment after purchase Websites Mentioned: www.parkstreetpartners.net www.tulsaestatesmhp.com

Jefferson Lilly is a mobile home park investment expert, educator, and industry consultant who has been featured in the New York Times, Bloomberg Magazine, and on the 'Real Money' television show.  Prior to co-founding Park Street Partners in 2013, Mr. Lilly spent seven years investing his own capital at Lilly & Company where he acquired and continues to operate mobile home parks in the Midwest.  Prior to becoming an investor full-time, Jefferson spent 10 years in sales leadership roles with several venture-backed startup companies in Silicon Valley that were acquired by Openwave Systems and VeriSign.  Earlier in his career he held operational roles at Viacom and was a consultant with Bain & Company.

Key Takeaways:

[2:30] The history of Jefferson's investing and value investing with mobile home parks

[4:38] Whether the mobile home park scene is too crowded or if there's still room

[7:07] How to find a broker for mobile home parks

[11:22] If Jefferson prefers park or tenant owned homes

[14:02] The interest rates being charged to tenants when they're buying homes

[18:20] Why mobile home parks aren't being built anymore

[19:25] The biggest mistake Jefferson made in the mobile home park real etate market

[22:20] How Jefferson went about turning a mobile home park into a better investment after purchase

Websites Mentioned:

www.parkstreetpartners.net
www.tulsaestatesmhp.com

Marc is the founding partner and managing director of both the American Home Recovery Fund and NoteWerx, the cutting-edge note portfolio management cloud ware. Marc brings over 20 years of senior management and transactional experience in the paper business of mortgage banking and real estate. Marc co-founded American Home Recovery Fund, a multi-million dollar private equity multi-fund, whose primary mission is to purchase NPLs and modify the current borrowers. With the expansion and success of the fund's business, AHRF developed their own note portfolio management platform, but when it became clear that their software filled a huge void in the note space, NoteWerx was born and turned into its own business channel. Marc also serves as president of American Home Veterans, a non-profit organization in formation to convert distressed housing assets into donation homes and provides sustainable housing for our nation's disabled veterans. Key Takeaways: [2:08] How the American Home Recovery Fund buys distressed assets but tries to keep people in their home [5:03] Why investors are crossing over into new territory when traditionally they've specialized [7:33] Why banks are selling the notes rather than collecting the money from borrowers themselves [9:32] Why banks haven't gotten more organized since the housing collapse [11:34] What kind of inventory is still available on the market [15:02] Great properties available in middle America [17:49] Where Marc sees the market going in the next few years [19:24] If the Dodd-Frank revisions have impacted his business Websites Mentioned: www.ahrfund.com www.note.guru