Accredited Income Property Investment Specialist (AIPIS)

Buying raw land from sellers who are in tax default can make a profit of up to 300%. Displaying due diligence when searching for properties by using the right web tools, understanding the area, and even financing the land yourself can open up new passive income opportunities. Mark Podolsky joins Jason today to discuss how he created a booming business in the small niche, raw land market. He shares tips and tricks you can use to start your own buy and sell business, how to find the right properties and entice potential sellers.

Key Takeaways:

[2:32] Mark buys raw land at tax lien auctions and then resells the land online for a 300% profit

[5:41] The best properties are in the West and Florida

[7:01] Financing the resell for passive income

[11:12] Due diligence helps to avoid environmental issues

[14:19] How to find the right properties – start with the National Association of Counties

[21:30] A land contract, a promissory note and a purchase sale agreement

[24:09] The process of buying and selling the properties

[29:19] Moving the needle in other people’s lives via “The Land Geek”

[31:07] Raw land deal examples

Mentions:

Hartman Media

The Land Geek

Naco

What 3 Words

We Go Look

Process Street

Frontier Properties

Zimple Money

Self-management tools often boast ease of use and shortcuts to save you time, but they don’t always deliver. Cozy and Landlordology are property management tools, which offer end-to-end online self-management solutions. Both tenants and property managers benefit from the monthly automatic rent collection feature, as well as the integrated application process. If you think doing a background check along with a credit report will help qualify renters’ qualifications, then sign up for Cozy today.

Key Takeaways:

[2:47] Lucas teaches managers how to manage their own properties

[4:45] You need to get your message out there - try Postlets rental manager

[6:17] Hire a real estate photographer to capture great photos of your property

[11:06] Going over your general requirements before meeting at the property will save time

[12:25] A 2-year lease provides extra security for the tenant

[13:52] What is a landlord’s open house?

[15:47] Possible new tenants can submit an application as soon as they leave the property viewing

[17:40] Cozy is an end-to-end property management platform

[20:31] Rent collection can be difficult for property managers

[22:56] Property managers can garnish wages to collect back rent

[28:14] Automating your rent collection will make it easier for owner and tenant

[29:01] Resources are available on Landlordology.com

Mentions:

JasonHartman.com

Landlordology

Cozy

Craigslist

Postlets

Circlepix

Click Notices

Self-management tools often boast ease of use and shortcuts to save you time, but they don’t always deliver. Cozy and Landlordology are property management tools, which offer end-to-end online self-management solutions. Both tenants and property managers benefit from the monthly automatic rent collection feature, as well as the integrated application process. If you think doing a background check along with a credit report will help qualify renters’ qualifications, then sign up for Cozy today.

Key Takeaways:

[2:47] Lucas teaches managers how to manage their own properties

[4:45] You need to get your message out there - try Postlets rental manager

[6:17] Hire a real estate photographer to capture great photos of your property

[11:06] Going over your general requirements before meeting at the property will save time

[12:25] A 2-year lease provides extra security for the tenant

[13:52] What is a landlord’s open house?

[15:47] Possible new tenants can submit an application as soon as they leave the property viewing

[17:40] Cozy is an end-to-end property management platform

[20:31] Rent collection can be difficult for property managers

[22:56] Property managers can garnish wages to collect back rent

[28:14] Automating your rent collection will make it easier for owner and tenant

[29:01] Resources are available on Landlordology.com

Mentions:

JasonHartman.com

Landlordology

Cozy

Craigslist

Postlets

Circlepix

Click Notices

Buying income properties in high-end markets isn’t for everyone. First, you need to be able to raise sufficient capital to purchase the property and then secure top monthly rents from tenants. Sharran Srivatsaa, with Teles Properties, shares how his company has changed the game in the upscale market by building their own in-house software platform which fits the needs of their specific market and by creating a corporate culture of “do what you do best”. Realtors in their sales division are incented to do only the things which drive positive sales results.

Key Takeaways:

[3:38] A quick history of the strategy behind Teles Properties.

[6:08] Agents want to be doing these 3 things.

[8:00] Teles launches new releases of our in-house software platform like Apple does.

[13:17] How is Teles making California income property to work?

[16:32] The real cost of adding an additional unit to each property.

[20:22] Having all of your eggs in one high-end basket.

[26:10] The Big Short movie.

[27:53] The Rochester, MN, Huntsville, AL, Raleigh-Durham, NC and Dallas, TX markets

[31:05] Raising capital for real estate investments.

[33:05] Contact Sharran at Teles.

Mentions:

Teles Properties

Hartman Media

Buying income properties in high-end markets isn’t for everyone. First, you need to be able to raise sufficient capital to purchase the property and then secure top monthly rents from tenants. Sharran Srivatsaa, with Teles Properties, shares how his company has changed the game in the upscale market by building their own in-house software platform which fits the needs of their specific market and by creating a corporate culture of “do what you do best”. Realtors in their sales division are incented to do only the things which drive positive sales results.

Key Takeaways:

[3:38] A quick history of the strategy behind Teles Properties.

[6:08] Agents want to be doing these 3 things.

[8:00] Teles launches new releases of our in-house software platform like Apple does.

[13:17] How is Teles making California income property to work?

[16:32] The real cost of adding an additional unit to each property.

[20:22] Having all of your eggs in one high-end basket.

[26:10] The Big Short movie.

[27:53] The Rochester, MN, Huntsville, AL, Raleigh-Durham, NC and Dallas, TX markets

[31:05] Raising capital for real estate investments.

[33:05] Contact Sharran at Teles.

Mentions:

Teles Properties

Hartman Media

Using your personal credit as a vehicle to obtaining business credit is unnecessary and a waste of time. It is possible for your small business to get higher credit limits by buying a shelf corporation that has been properly aged. If you are doing business in an industry deemed “risky”, it may be more difficult, but not impossible, to get business credit. Jason’s guest, Gerri Detweiler, shares little-known yet very important tips and tricks on NAVigating the business credit system; including who reports pay schedules and why it’s good to use Facebook like everyone is watching (*hint - it’s because they are).

Key Takeaways:

[3:31] The reason why shelf corporations are attractive

[9:53] Leave your personal credit out of your business

[11:55] Business credit and small business loans

[14:07] Business credit reporting agencies

[17:44] The mystery which is business credit

[19:34] How do you know whether or not you have a business credit rating?

[21:12] Getting started with business credit is very easy, so why wouldn’t you do it?

[22:47] Transitioning to business credit

[23:59] Equity crowdfunding and how it gets interesting for business owners

[28:20] Character in lending

[29:16] Contact Gerri & get the book

Mentions:

Hartman Media

Finance Your Own Business

NAV

Experian

Dun & Bradstreet

Kiva Zip

Corporate Direct

Using your personal credit as a vehicle to obtaining business credit is unnecessary and a waste of time. It is possible for your small business to get higher credit limits by buying a shelf corporation that has been properly aged. If you are doing business in an industry deemed “risky”, it may be more difficult, but not impossible, to get business credit. Jason’s guest, Gerri Detweiler, shares little-known yet very important tips and tricks on NAVigating the business credit system; including who reports pay schedules and why it’s good to use Facebook like everyone is watching (*hint - it’s because they are).

Key Takeaways:

[3:31] The reason why shelf corporations are attractive

[9:53] Leave your personal credit out of your business

[11:55] Business credit and small business loans

[14:07] Business credit reporting agencies

[17:44] The mystery which is business credit

[19:34] How do you know whether or not you have a business credit rating?

[21:12] Getting started with business credit is very easy, so why wouldn’t you do it?

[22:47] Transitioning to business credit

[23:59] Equity crowdfunding and how it gets interesting for business owners

[28:20] Character in lending

[29:16] Contact Gerri & get the book

Mentions:

Hartman Media

Finance Your Own Business

NAV

Experian

Dun & Bradstreet

Kiva Zip

Corporate Direct

The 40-hour workweek is a thing of the past. Corporate employees are tallying up many more hours every week, but why? If technology is supposed to be the proponent of leisure time, why do we spend so much time working, traveling to work, and getting ready for work? Today’s guest, Shaun McCloskey from Lifeonaire, says people have a default and when they find themselves with extra time on their hands they automatically do what they know, which is work. Also, they have never taken the time to consider what they want from life or to explore any hobbies. His Lifeonaire – taken from millionaire but with a life – program is focused on figuring out a person’s vision of what they want their future to be.

Key Takeaways:

[2:11] Focusing on having the life you want instead of money in your account

[5:59] Some people don’t even know what they love because all they do is work

[8:30] The Four Stages of Lifeonaire

[11:27] Would you be living life differently if you only had 6 months left?

[14:40] Figuring out how much time important things take

[16:09] How the 40-hour workweek was born

[18:20] Start out by writing your vision without numbers and dollar signs

[20:05] Look for alternatives that can help you to realize your dreams more quickly

[20:54] Get the Lifeonaire book and read it today

[22:50] Contact information for Shaun

The 40-hour workweek is a thing of the past. Corporate employees are tallying up many more hours every week, but why? If technology is supposed to be the proponent of leisure time, why do we spend so much time working, traveling to work, and getting ready for work?  Today’s guest, Shaun McCloskey from Lifeonaire, says people have a default and when they find themselves with extra time on their hands they automatically do what they know, which is work. Also, they have never taken the time to consider what they want from life or to explore any hobbies. His Lifeonaire – taken from millionaire but with a life – program is focused on figuring out a person’s vision of what they want their future to be.

Key Takeaways:

[2:11] Focusing on having the life you want instead of money in your account

[5:59] Some people don’t even know what they love because all they do is work

[8:30] The Four Stages of Lifeonaire

[11:27] Would you be living life differently if you only had 6 months left?

[14:40] Figuring out how much time important things take

[16:09] How the 40-hour workweek was born

[18:20] Start out by writing your vision without numbers and dollar signs

[20:05] Look for alternatives that can help you to realize your dreams more quickly

[20:54] Get the Lifeonaire book and read it today

[22:50] Contact information for Shaun

Greg is a long time listener of the Creative Wealth show and purchased his portfolio properties through Jason’s channels way back in the late 2000’s. Greg heard his hometown of Detroit was battered in Jason’s property tour review episode. So he called in to set the record straight about possible opportunities in Southern Michigan. He and his wife work in the automotive industry and are successful real estate investors in several different states.

Key Takeaways:

[2:45] Greg is a Jason Hartman real estate investing success story and Jason’s favorite listener

[6:01] All real estate is local

[8:23] The 11th wealthiest city in the U.S. is in Detroit

[10:59] Trends in the Detroit area

[12:56] Optimism for the city proper

[18:05] Investing in an industry that is not your bread and butter

[19:05] Greg’s PowerPoint presentation and the syndication

[25:44] Export Marketing and Product Forecasting for Ford

[26:36] The self-driving car is a project every automotive company is working towards

[29:51] Ann Arbor has a fake city to test self-driving cars

[31:42] The freedom that goes along with self-driving vehicles

[35:31] The parking real estate conundrum

[37:53] Painting a better picture of Detroit

[39:52] A flipper who became a long-term investor

Mentions:

Hartman Media