AZREIA Show

This video features dynamic discussions with real estate innovators Pace Morby, alongside AZREIA, as they share their unique journeys and philosophies toward achieving success in the real estate market. Morby highlights how he uses fear as a motivational tool to drive him towards ambitious goals, emphasizing the importance of taking action, learning from failure, and the power of storytelling and creative financing in real estate transactions. The episode invites viewers to learn more about their approaches and successes at an upcoming panel discussion, offering free tickets through their website.

Key Takeaway:

00:37 Pace Morby's Driving Force: Fear and Ambition

01:45 Overcoming Analysis Paralysis and Taking Action

03:19 The Importance of Time and Making an Impact

04:31 Finding Purpose Beyond Financial Success

06:09 The Power of Storytelling in Real Estate

07:45 Pace's First Real Estate Deal: A Lesson in Helping Others

20:34 Expanding into Creative Finance and Building a Portfolio

21:22 Negotiating a Multifamily Deal: Understanding the Seller's Story

28:51 The Turning Point: A Real Estate Investor's Journey

29:52 Crafting a Win-Win Deal: The Power of Creative Financing

31:30 Building Relationships: The Key to Real Estate Success

34:22 From Contractor to Creative Financier: A Personal Journey

35:58 Understanding the Seller: The Foundation of Creative Deals

41:02 The Art of Storytelling in Real Estate Investing

56:33 The Future of Real Estate: Affordability and Community Impact

59:27 Closing Thoughts: The Importance of Passing the Torch

Connect with Pace Morby:

https://www.instagram.com/pacemorby/?hl=en

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The Arizona Real Estate Investors Association provides its members the education, market information, support, and networking opportunities that will further the member's ability to successfully invest in Real Estate.

Join AZREIA here.

Is a Career in Real Estate Right For You? Take AZREIA's Real Estate Investing Entrepreneurial Self-Assessment at 👉 https://azreia.org/entrepreneurial-self-assessment

Azreia Real Estate Investing Entrepreneurial Self Assessment Who is it for? ☑️ Anyone who wants to know if Real Estate Investing is right for them BEFORE spending time or money on education and training.

☑️ Everyone new to Real Estate Investing Our Entrepreneurial Self Assessment is designed for you to understand if Real Estate Investing is right for you and if so, you are best suited for active or passive investing.

AZREIA membership is a community consisting of independent real estate investors who invest in: 🏡 SINGLE FAMILY 🏙 SMALL MULTI-FAMILY 🏡WHOLESALERS ✍️ NOTES

Educational opportunities are plentiful and delivered through AZREIA's own education program and in collaboration with outside education providers.

🎓AZREIA's Core Education Classes are specifically designed for new investors to develop their critical skills quickly and effectively.

🎓Our strategy classes are provided through AZREIA and others and deliver an advanced level of knowledge.

Join the Deal Finders Club here

Deal Finders Club is a thriving real estate community "Where Deals Get Done", we train community members on these core skills...Marketing, Sales, Negotiations, Comping, Writing Offers, Locking Up Contracts, and so much more.

Discover:

https://ebooks.azreia.org/library https://ebooks.azreia.org/ideal https://ebooks.azreia.org/fix_and_flipping https://ebooks.azreia.org/note_investing https://ebooks.azreia.org/landlording https://ebooks.azreia.org/wholesaling_real_estate https://ebooks.azreia.org/property_scouting https://ebooks.azreia.org/house_hacking

Join our conversation at: Facebook: https://www.facebook.com/azreia Twitter: https://twitter.com/azreia?lang=en Instagram: https://www.instagram.com/arizona_reia/ Linkedin: https://bit.ly/3vKMnrR Website: https://azreia.org/

In this episode of The AZREIA Show, host Mike Del Prete interviews special guest Mike Cordova, an active local investor. Cordova shares his background from growing up in Southern California, transitioning from a deputy inspector involved in construction to pursuing real estate investment due to the inspirations from podcasts and a desire to escape the daily traffic grind.

Cordova reroutes to house flipping after realizing the capital intensity of his first choice. Throughout the conversation, he details his learning curve in the flipping business, including the ups and downs of dealing with contractors, managing finances, and eventually transitioning to wholesaling. Additionally, Cordova emphasizes the importance of networking, proper bookkeeping, and the pivotal role of supportive relationships in navigating the real estate investment landscape.

Key Takeaways:

00:44 Mike Cordova's Journey from Traffic Jams to Real Estate

03:39 The First Flip: Learning the Ropes of Real Estate Investing

13:53 Expanding the Portfolio: From Flips to Airbnb

17:48 Scaling Challenges and Lessons Learned in Flipping

19:45 Navigating Contractor Challenges in Real Estate

21:08 Strategic Shifts: From General Contractors to Subcontracting

22:39 Transitioning from Flipping to Wholesaling

25:40 Leveraging Wholesaling for Real Estate Success

27:24 Building Relationships with Agents for Deal Flow

31:41 Expanding the Cash Buyers List through Strategic Networking

32:37 Collaborating with Wholesale Companies: Tips and Strategies

37:16 Fundamentals of Real Estate Investing and Wholesaling

Connect with Mike Cordova

https://www.instagram.com/mike_cordova1/

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The Arizona Real Estate Investors Association provides its members the education, market information, support, and networking opportunities that will further the member's ability to successfully invest in Real Estate.

Join AZREIA here.

Is a Career in Real Estate Right For You? Take AZREIA's Real Estate Investing Entrepreneurial Self-Assessment at 👉 https://azreia.org/entrepreneurial-self-assessment

Azreia Real Estate Investing Entrepreneurial Self Assessment Who is it for? ☑️ Anyone who wants to know if Real Estate Investing is right for them BEFORE spending time or money on education and training.

☑️ Everyone new to Real Estate Investing Our Entrepreneurial Self Assessment is designed for you to understand if Real Estate Investing is right for you and if so, you are best suited for active or passive investing.

AZREIA membership is a community consisting of independent real estate investors who invest in: 🏡 SINGLE FAMILY 🏙 SMALL MULTI-FAMILY 🏡WHOLESALERS ✍️ NOTES

Educational opportunities are plentiful and delivered through AZREIA's own education program and in collaboration with outside education providers.

🎓AZREIA's Core Education Classes are specifically designed for new investors to develop their critical skills quickly and effectively.

🎓Our strategy classes are provided through AZREIA and others and deliver an advanced level of knowledge.

Join the Deal Finders Club here

Deal Finders Club is a thriving real estate community "Where Deals Get Done", we train community members on these core skills...Marketing, Sales, Negotiations, Comping, Writing Offers, Locking Up Contracts, and so much more.

Discover:

https://ebooks.azreia.org/library https://ebooks.azreia.org/ideal https://ebooks.azreia.org/fix_and_flipping https://ebooks.azreia.org/note_investing https://ebooks.azreia.org/landlording https://ebooks.azreia.org/wholesaling_real_estate https://ebooks.azreia.org/property_scouting https://ebooks.azreia.org/house_hacking

Join our conversation at: Facebook: https://www.facebook.com/azreia Twitter: https://twitter.com/azreia?lang=en Instagram: https://www.instagram.com/arizona_reia/ Linkedin: https://bit.ly/3vKMnrR Website: https://azreia.org/

In this episode of the AZREIA Show, hosts Marcus Maloney and Mike Del Prete are joined by real estate investing expert Justin Colby. Justin shares his journey from working in Phoenix with Marcus to becoming a successful virtual real estate investor based in Miami due to the emergence of the COVID-19 pandemic. With over 2600 deals under his belt, Colby discusses the importance of being a dynamic investor and not limiting oneself to a single strategy such as wholesaling.

He encourages new investors to start with wholesaling but to also explore other options like fixing and flipping, rentals, and commercial properties. Colby also delves into strategies for selecting markets based on growth potential, the role of AI in streamlining processes, and the significance of mentorship and networking through masterminds.

Key Takeaways:

00:22 Introducing Justin Colby: A Real Estate Investing Pro

01:41 The Evolution of Real Estate Investing: From Wholesaling to Diverse Strategies

03:54 Navigating the Challenges and Opportunities in Real Estate

04:44 The Power of Mentorship and Learning from Experience

06:36 Adapting to Market Changes: Strategies for New and Seasoned Investors

13:56 Leveraging Technology and AI in Real Estate Investing

17:15 Building a Sustainable Investment Portfolio: Beyond Wholesaling

18:48 Maximizing Real Estate Investments: Strategies and Insights

21:28 The Power of Virtual Wholesaling and Market Selection

26:16 Leveraging Masterminds and Networks for Real Estate Success

32:14 Future Plans and the Impact of Technology in Real Estate

Connect with Justin Colby

https://www.instagram.com/thejustincolby/

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The Arizona Real Estate Investors Association provides its members the education, market information, support, and networking opportunities that will further the member's ability to successfully invest in Real Estate.

Join AZREIA here.

Is a Career in Real Estate Right For You? Take AZREIA's Real Estate Investing Entrepreneurial Self-Assessment at 👉 https://azreia.org/entrepreneurial-self-assessment

Azreia Real Estate Investing Entrepreneurial Self Assessment Who is it for? ☑️ Anyone who wants to know if Real Estate Investing is right for them BEFORE spending time or money on education and training.

☑️ Everyone new to Real Estate Investing Our Entrepreneurial Self Assessment is designed for you to understand if Real Estate Investing is right for you and if so, you are best suited for active or passive investing.

AZREIA membership is a community consisting of independent real estate investors who invest in: 🏡 SINGLE FAMILY 🏙 SMALL MULTI-FAMILY 🏡WHOLESALERS ✍️ NOTES

Educational opportunities are plentiful and delivered through AZREIA's own education program and in collaboration with outside education providers.

🎓AZREIA's Core Education Classes are specifically designed for new investors to develop their critical skills quickly and effectively.

🎓Our strategy classes are provided through AZREIA and others and deliver an advanced level of knowledge.

Join the Deal Finders Club here

Deal Finders Club is a thriving real estate community "Where Deals Get Done", we train community members on these core skills...Marketing, Sales, Negotiations, Comping, Writing Offers, Locking Up Contracts, and so much more.

Discover:

https://ebooks.azreia.org/library https://ebooks.azreia.org/ideal https://ebooks.azreia.org/fix_and_flipping https://ebooks.azreia.org/note_investing https://ebooks.azreia.org/landlording https://ebooks.azreia.org/wholesaling_real_estate https://ebooks.azreia.org/property_scouting https://ebooks.azreia.org/house_hacking

Join our conversation at: Facebook: https://www.facebook.com/azreia Twitter: https://twitter.com/azreia?lang=en Instagram: https://www.instagram.com/arizona_reia/ Linkedin: https://bit.ly/3vKMnrR Website: https://azreia.org/

In this episode of the AZREIA Show, hosts Marcus Maloney and Mike Del Prete delve into the innovative housing solution, PadSplit. They revisit the topic with Ellis Tran, who provides a promising update on PadSplit's progress, revealing an expansion to 64 properties and 420 bedrooms, highlighting an impressive occupancy rate.

Brian and Gina Kingdeski, who transitioned from managing short-term rentals to becoming PadSplit hosts, share their journey and success in scaling their property portfolio using the PadSplit model. The discussion emphasizes PadSplit's role in addressing affordability issues in the housing market by transforming properties into co-living spaces, providing a low barrier to entry for residents and a profitable model for hosts. The episode also covers the operational aspects of managing PadSplit properties, including property selection, furnishing, utility management, and tenant screening, alongside insights on leveraging the model for social impact and community support.

Key Takeaways:

00:28 Deep Dive into PadSplit: Updates and Insights

04:07 The Success Story of Brian and Gina with PadSplit

22:29 Navigating Challenges and Legalities in Co-Living Spaces

25:33 Diving Into Design and Furnishing Strategies

26:13 Basic Furnishing Essentials and Customizations

27:15 Setting Premiums and Adjusting Prices

28:22 Transitioning to a More Economical Model

30:59 Screening Process and Member Selection

34:43 Managing Utilities and Expenses

38:18 Enhancing Member Experience and Community

40:20 Expanding the Business and Future Plans

45:39 Maximizing Occupancy and Marketing Strategies

48:38 Contact Information and Closing Remarks

Connect with Brian and Gina Kingdeski

https://www.instagram.com/thebriankingdeski/

https://www.linkedin.com/in/gina-kingdeski-48952511b/

Connect with Ellis Tran

https://www.linkedin.com/in/ellis-tran-75b21461/

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The Arizona Real Estate Investors Association provides its members the education, market information, support, and networking opportunities that will further the member's ability to successfully invest in Real Estate.

Join AZREIA here.

Is a Career in Real Estate Right For You? Take AZREIA's Real Estate Investing Entrepreneurial Self-Assessment at 👉 https://azreia.org/entrepreneurial-self-assessment

Azreia Real Estate Investing Entrepreneurial Self Assessment Who is it for? ☑️ Anyone who wants to know if Real Estate Investing is right for them BEFORE spending time or money on education and training.

☑️ Everyone new to Real Estate Investing Our Entrepreneurial Self Assessment is designed for you to understand if Real Estate Investing is right for you and if so, you are best suited for active or passive investing.

AZREIA membership is a community consisting of independent real estate investors who invest in: 🏡 SINGLE FAMILY 🏙 SMALL MULTI-FAMILY 🏡WHOLESALERS ✍️ NOTES

Educational opportunities are plentiful and delivered through AZREIA's own education program and in collaboration with outside education providers.

🎓AZREIA's Core Education Classes are specifically designed for new investors to develop their critical skills quickly and effectively.

🎓Our strategy classes are provided through AZREIA and others and deliver an advanced level of knowledge.

Join the Deal Finders Club here

Deal Finders Club is a thriving real estate community "Where Deals Get Done", we train community members on these core skills...Marketing, Sales, Negotiations, Comping, Writing Offers, Locking Up Contracts, and so much more.

Discover:

https://ebooks.azreia.org/library https://ebooks.azreia.org/ideal https://ebooks.azreia.org/fix_and_flipping https://ebooks.azreia.org/note_investing https://ebooks.azreia.org/landlording https://ebooks.azreia.org/wholesaling_real_estate https://ebooks.azreia.org/property_scouting https://ebooks.azreia.org/house_hacking

Join our conversation at: Facebook: https://www.facebook.com/azreia Twitter: https://twitter.com/azreia?lang=en Instagram: https://www.instagram.com/arizona_reia/ Linkedin: https://bit.ly/3vKMnrR Website: https://azreia.org/

In this episode of the AZREIA show, hosted by Mike Del Prete, guest Sophia Willets shares her journey from growing up in a real estate investor family to becoming a successful multifamily real estate investor herself.

Sophia discusses the advantages of starting in single-family homes before moving to multifamily properties, her strategy for off-market deals, and how she achieved significant returns on her investments. She also talks about the challenges she faced, including losing everything in the 2007 financial crisis and rebuilding her career and personal life. Sophia emphasizes the importance of education, mentorship, and leveraging technology for finding and underwriting deals efficiently. She also touches on the impact of market cycles, the benefits of having a real estate license, and offers actionable tips for both new and experienced investors.

Key Takeaways:

00:20 The Leap from Single Family to Multifamily Investing

01:24 Unlocking the Secrets of Off-Market Multifamily Deals

04:26 Sophia's Real Estate Journey

09:23 Navigating the Real Estate Market: Lessons from the 2008 Crash

10:08 The Power of Community and Mentorship in Real Estate Investing

12:46 A New Beginning: Sophia's Rise in Real Estate Sales and Investing

16:03 The Importance of Spousal Support in Real Estate Success

20:52 Sophia's Investment Strategy: Flipping Multifamily Properties

24:46 Learning from Loss: A Cautionary Tale of Real Estate Investing

26:51 Navigating the Real Estate Market Shift

27:14 Strategies for Banking and Investment in a Changing Market

28:04 Maximizing Profits: Real Estate Flipping Success Stories

29:16 The Importance of Education and Due Diligence in Real Estate

33:26 Expanding Horizons: Entering New Markets and Building Teams

36:44 Leveraging Technology for Efficient Real Estate Investing

45:56 The Future of Real Estate: Buying Strategies and Market Predictions

50:20 Final Thoughts and How to Connect

Connect with Sophia Willets

https://www.instagram.com/sophiaapts/?hl=en

https://www.linkedin.com/in/sophia-willets-60a02687/

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The Arizona Real Estate Investors Association provides its members the education, market information, support, and networking opportunities that will further the member's ability to successfully invest in Real Estate.

Join AZREIA here.

Is a Career in Real Estate Right For You? Take AZREIA's Real Estate Investing Entrepreneurial Self-Assessment at 👉 https://azreia.org/entrepreneurial-self-assessment

Azreia Real Estate Investing Entrepreneurial Self Assessment Who is it for? ☑️ Anyone who wants to know if Real Estate Investing is right for them BEFORE spending time or money on education and training.

☑️ Everyone new to Real Estate Investing Our Entrepreneurial Self Assessment is designed for you to understand if Real Estate Investing is right for you and if so, you are best suited for active or passive investing.

AZREIA membership is a community consisting of independent real estate investors who invest in: 🏡 SINGLE FAMILY 🏙 SMALL MULTI-FAMILY 🏡WHOLESALERS ✍️ NOTES

Educational opportunities are plentiful and delivered through AZREIA's own education program and in collaboration with outside education providers.

🎓AZREIA's Core Education Classes are specifically designed for new investors to develop their critical skills quickly and effectively.

🎓Our strategy classes are provided through AZREIA and others and deliver an advanced level of knowledge.

Join the Deal Finders Club here

Deal Finders Club is a thriving real estate community "Where Deals Get Done", we train community members on these core skills...Marketing, Sales, Negotiations, Comping, Writing Offers, Locking Up Contracts, and so much more.

Discover:

https://ebooks.azreia.org/library https://ebooks.azreia.org/ideal https://ebooks.azreia.org/fix_and_flipping https://ebooks.azreia.org/note_investing https://ebooks.azreia.org/landlording https://ebooks.azreia.org/wholesaling_real_estate https://ebooks.azreia.org/property_scouting https://ebooks.azreia.org/house_hacking

Join our conversation at: Facebook: https://www.facebook.com/azreia Twitter: https://twitter.com/azreia?lang=en Instagram: https://www.instagram.com/arizona_reia/ Linkedin: https://bit.ly/3vKMnrR Website: https://azreia.org/

In this episode of the AZREIA show, hosts Marcus Maloney and Mike Del Prete welcome experienced real estate investor Bill Allen. Allen shares his journey from wholesaling and flipping houses to multifamily investing and private money raising. He talks about the importance of networking, leveraging masterminds like 7Figure Flipping, and stepping out of comfort zones. The conversation also delves into the significance of building leaders and partnerships, adapting business strategies to market changes, and the potential impacts of virtual versus in-person events on networking and learning in the real estate community.

Key Takeaways:

01:18 Diving Deep into Real Estate with Bill Allen

02:47 The Power of Networking and Masterminds in Real Estate

03:09 Bill Allen's Journey from Test Pilot to Real Estate Mogul

06:27 The Importance of Sharing Your Story and Speaking Up

09:37 Investing in Yourself: Bill Allen's Transition to Public Speaking

20:18 Leadership and Growth: Building and Inspiring a Team

25:08 Chad's Success Story: From Sales Rep to Real Estate Leader

27:12 The Unexpected Journey into Multifamily Investing

27:38 Building a Multifamily Portfolio: From First Deal to Expansion

29:25 The Power of Partnership in Real Estate Investing

32:23 The Importance of Choosing the Right Partners

34:35 Navigating the Multifamily Market: Strategies and Adaptations

44:42 Embracing Virtual Events: The Future of Networking and Learning

51:45 Connecting with Bill: Insights and Opportunities

Connect with Bill Allen

https://www.instagram.com/billallenrei/?hl=en

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The Arizona Real Estate Investors Association provides its members the education, market information, support, and networking opportunities that will further the member's ability to successfully invest in Real Estate.

Join AZREIA here.

Is a Career in Real Estate Right For You? Take AZREIA's Real Estate Investing Entrepreneurial Self-Assessment at 👉 https://azreia.org/entrepreneurial-self-assessment

Azreia Real Estate Investing Entrepreneurial Self Assessment Who is it for? ☑️ Anyone who wants to know if Real Estate Investing is right for them BEFORE spending time or money on education and training.

☑️ Everyone new to Real Estate Investing Our Entrepreneurial Self Assessment is designed for you to understand if Real Estate Investing is right for you and if so, you are best suited for active or passive investing.

AZREIA membership is a community consisting of independent real estate investors who invest in: 🏡 SINGLE FAMILY 🏙 SMALL MULTI-FAMILY 🏡WHOLESALERS ✍️ NOTES

Educational opportunities are plentiful and delivered through AZREIA's own education program and in collaboration with outside education providers.

🎓AZREIA's Core Education Classes are specifically designed for new investors to develop their critical skills quickly and effectively.

🎓Our strategy classes are provided through AZREIA and others and deliver an advanced level of knowledge.

Join the Deal Finders Club here

Deal Finders Club is a thriving real estate community "Where Deals Get Done", we train community members on these core skills...Marketing, Sales, Negotiations, Comping, Writing Offers, Locking Up Contracts, and so much more.

Discover:

https://ebooks.azreia.org/library https://ebooks.azreia.org/ideal https://ebooks.azreia.org/fix_and_flipping https://ebooks.azreia.org/note_investing https://ebooks.azreia.org/landlording https://ebooks.azreia.org/wholesaling_real_estate https://ebooks.azreia.org/property_scouting https://ebooks.azreia.org/house_hacking

Join our conversation at: Facebook: https://www.facebook.com/azreia Twitter: https://twitter.com/azreia?lang=en Instagram: https://www.instagram.com/arizona_reia/ Linkedin: https://bit.ly/3vKMnrR Website: https://azreia.org/

In this episode of the AZREIA show, host Marcus Maloney and executive director Mike Del Prete are joined by Justin Britto from Madison Community Properties to explore the multifamily real estate market.

Justin shares his journey from early experiences in real estate to founding Madison Communities, emphasizing the importance of multifamily investments. He discusses various aspects of real estate investing, including underwriting deals, overcoming fear, and the significance of building relationships with banks and brokers.

Key Takeaways:

02:05 Justin Britto's Journey into Real Estate

04:17 From Construction to Multifamily Mastery

05:41 Overcoming Fear and Embracing Risk in Real Estate

06:25 The Strategy Behind Value-Add Deals and Financial Projections

14:54 Navigating Neighborhood Dynamics and Market Shifts

18:36 Community Efforts and Challenges in Property Management

19:50 Innovative Leasing Strategies for Vacant Units

23:03 The Impact of High Interest Rates on Real Estate Investments

24:50 Building Relationships with Banks for Real Estate Success

26:23 Exploring New Real Estate Ventures Amidst Market Shifts

27:03 The Vision for Affordable Housing Development

37:58 Leveraging Team Dynamics in Real Estate Projects

Connect with Justin Britto

https://www.linkedin.com/in/justin-britto-44752b21/

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The Arizona Real Estate Investors Association provides its members the education, market information, support, and networking opportunities that will further the member's ability to successfully invest in Real Estate.

Join AZREIA here.

Is a Career in Real Estate Right For You? Take AZREIA's Real Estate Investing Entrepreneurial Self-Assessment at 👉 https://azreia.org/entrepreneurial-self-assessment

Azreia Real Estate Investing Entrepreneurial Self Assessment Who is it for? ☑️ Anyone who wants to know if Real Estate Investing is right for them BEFORE spending time or money on education and training.

☑️ Everyone new to Real Estate Investing Our Entrepreneurial Self Assessment is designed for you to understand if Real Estate Investing is right for you and if so, you are best suited for active or passive investing.

AZREIA membership is a community consisting of independent real estate investors who invest in: 🏡 SINGLE FAMILY 🏙 SMALL MULTI-FAMILY 🏡WHOLESALERS ✍️ NOTES

Educational opportunities are plentiful and delivered through AZREIA's own education program and in collaboration with outside education providers.

🎓AZREIA's Core Education Classes are specifically designed for new investors to develop their critical skills quickly and effectively.

🎓Our strategy classes are provided through AZREIA and others and deliver an advanced level of knowledge.

Join the Deal Finders Club here

Deal Finders Club is a thriving real estate community "Where Deals Get Done", we train community members on these core skills...Marketing, Sales, Negotiations, Comping, Writing Offers, Locking Up Contracts, and so much more.

Discover:

https://ebooks.azreia.org/library https://ebooks.azreia.org/ideal https://ebooks.azreia.org/fix_and_flipping https://ebooks.azreia.org/note_investing https://ebooks.azreia.org/landlording https://ebooks.azreia.org/wholesaling_real_estate https://ebooks.azreia.org/property_scouting https://ebooks.azreia.org/house_hacking

Join our conversation at: Facebook: https://www.facebook.com/azreia Twitter: https://twitter.com/azreia?lang=en Instagram: https://www.instagram.com/arizona_reia/ Linkedin: https://bit.ly/3vKMnrR Website: https://azreia.org/

In this episode of the AZREIA show, host Marcus Maloney and executive director/co-host Mike Del Prete welcome Alex Carrilho from Boomerang Capital to delve into the intricacies of hard money loans in the real estate market. Alex shares his journey from residential lending to hard money lending, emphasizing the relationship-oriented aspect of working with investors.

The conversation covers practical tips on obtaining hard money loans, including what lenders look for in deals, the importance of property renovations, and how quick funding can be achieved. The dialogue also touches on the lessons learned from the ups and downs in the lending industry, the value of sticking to investment fundamentals, and the flexibility and speed that hard money loans offer to investors. Alex also provides his contact information for listeners interested in exploring financing options with Boomerang Capital.

Key Takeaways:

01:23 Diving Into the World of Real Estate Financing with Alex Cahilio

02:40 Alex's Journey: From College to Real Estate Financing Expert

03:55 The Refinancing Boom and Its Challenges

08:24 Transitioning to Hard Money Lending: A New Chapter

09:05 Learning from Failures: The Downfall of a Hard Money Company

13:40 Boomerang Capital: Alex's Current Role and Insights on Flipping

17:35 Streamlining the Offer Process for Investors

18:21 The Power of Asset-Based Lending

19:16 Understanding Loan Margins and ARV

20:11 Mastering Property Comps for Better Deals

23:53 Simplifying the Rehab Funding Process

26:05 Building Trust and Reliability in Real Estate Financing

29:14 Creating Seamless Transactions and Community Engagement

Connect with Alex Carrilho

https://www.linkedin.com/in/alexander-carrilho-75a259158/

https://www.facebook.com/alex.carrilho/photos

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The Arizona Real Estate Investors Association provides its members the education, market information, support, and networking opportunities that will further the member's ability to successfully invest in Real Estate.

Join AZREIA here.

Is a Career in Real Estate Right For You? Take AZREIA's Real Estate Investing Entrepreneurial Self-Assessment at 👉 https://azreia.org/entrepreneurial-self-assessment

Azreia Real Estate Investing Entrepreneurial Self Assessment Who is it for? ☑️ Anyone who wants to know if Real Estate Investing is right for them BEFORE spending time or money on education and training.

☑️ Everyone new to Real Estate Investing Our Entrepreneurial Self Assessment is designed for you to understand if Real Estate Investing is right for you and if so, you are best suited for active or passive investing.

AZREIA membership is a community consisting of independent real estate investors who invest in: 🏡 SINGLE FAMILY 🏙 SMALL MULTI-FAMILY 🏡WHOLESALERS ✍️ NOTES

Educational opportunities are plentiful and delivered through AZREIA's own education program and in collaboration with outside education providers.

🎓AZREIA's Core Education Classes are specifically designed for new investors to develop their critical skills quickly and effectively.

🎓Our strategy classes are provided through AZREIA and others and deliver an advanced level of knowledge.

Join the Deal Finders Club here

Deal Finders Club is a thriving real estate community "Where Deals Get Done", we train community members on these core skills...Marketing, Sales, Negotiations, Comping, Writing Offers, Locking Up Contracts, and so much more.

Discover:

https://ebooks.azreia.org/library https://ebooks.azreia.org/ideal https://ebooks.azreia.org/fix_and_flipping https://ebooks.azreia.org/note_investing https://ebooks.azreia.org/landlording https://ebooks.azreia.org/wholesaling_real_estate https://ebooks.azreia.org/property_scouting https://ebooks.azreia.org/house_hacking

Join our conversation at: Facebook: https://www.facebook.com/azreia Twitter: https://twitter.com/azreia?lang=en Instagram: https://www.instagram.com/arizona_reia/ Linkedin: https://bit.ly/3vKMnrR Website: https://azreia.org/

In this episode of the AZREIA show, hosts Marcus Maloney and Mike Del Prete welcome Eddie Wilson, known as the 'king of Exits', who shares his journey of owning and exiting over 125 companies, with a strong focus on real estate.

Eddie, a third-generation real estate investor, emphasizes the importance of having a solid exit strategy, leveraging systems for growth, and viewing real estate as a business rather than just an investment. Furthermore, Eddie discusses his current projects and offers advice for both visionary entrepreneurs and meticulous engineers on incorporating structured systems into their business models.

The conversation also touches upon the significance of education in real estate investing, with Eddie highlighting his creation of Think Realty as a response to the industry's educational void. The episode wraps up with details about Think Realty's upcoming conferences, aiming to offer diverse educational content and networking opportunities for real estate professionals.

Key Takeaways:

01:28 Eddie Wilson: The King of Exits Shares His Journey

02:52 The Power of Systems in Real Estate Investing

07:56 Eddie's Current Real Estate Ventures and Market Insights

12:23 Think Realty: A Platform for Real Estate Investor Education

17:08 Think Realty Conferences: Networking, Learning, and Growth

22:26 Wrapping Up: The Importance of Community in Real Estate

Connect with Eddie Wilson

https://www.instagram.com/eddiewilsonofficial/

https://www.linkedin.com/in/eddiewilsonofficial/

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The Arizona Real Estate Investors Association provides its members the education, market information, support, and networking opportunities that will further the member's ability to successfully invest in Real Estate.

Join AZREIA here.

Is a Career in Real Estate Right For You? Take AZREIA's Real Estate Investing Entrepreneurial Self-Assessment at 👉 https://azreia.org/entrepreneurial-self-assessment

Azreia Real Estate Investing Entrepreneurial Self Assessment Who is it for? ☑️ Anyone who wants to know if Real Estate Investing is right for them BEFORE spending time or money on education and training.

☑️ Everyone new to Real Estate Investing Our Entrepreneurial Self Assessment is designed for you to understand if Real Estate Investing is right for you and if so, you are best suited for active or passive investing.

AZREIA membership is a community consisting of independent real estate investors who invest in: 🏡 SINGLE FAMILY 🏙 SMALL MULTI-FAMILY 🏡WHOLESALERS ✍️ NOTES

Educational opportunities are plentiful and delivered through AZREIA's own education program and in collaboration with outside education providers.

🎓AZREIA's Core Education Classes are specifically designed for new investors to develop their critical skills quickly and effectively.

🎓Our strategy classes are provided through AZREIA and others and deliver an advanced level of knowledge.

Join the Deal Finders Club here

Deal Finders Club is a thriving real estate community "Where Deals Get Done", we train community members on these core skills...Marketing, Sales, Negotiations, Comping, Writing Offers, Locking Up Contracts, and so much more.

Discover:

https://ebooks.azreia.org/library https://ebooks.azreia.org/ideal https://ebooks.azreia.org/fix_and_flipping https://ebooks.azreia.org/note_investing https://ebooks.azreia.org/landlording https://ebooks.azreia.org/wholesaling_real_estate https://ebooks.azreia.org/property_scouting https://ebooks.azreia.org/house_hacking

Join our conversation at: Facebook: https://www.facebook.com/azreia Twitter: https://twitter.com/azreia?lang=en Instagram: https://www.instagram.com/arizona_reia/ Linkedin: https://bit.ly/3vKMnrR Website: https://azreia.org/

In this episode of the AZREIA show, hosts Marcus Maloney and Mike Del Prete talk with Kyle Allen of The Hoffer Group and Basil Holdings about navigating the real estate market. They discuss the shift towards wholesaling, managing market changes, and Kyle's early start in real estate at 16. Kyle shares his transition from handling open house signs to establishing his own ventures, leveraging TikTok for business growth, and focusing on marketing tactics like PPC ads. The conversation also covers building buyer lists, engaging with hedge funds, and understanding market dynamics. Kyle offers insights into creative financing, building relationships, and adapting strategies to suit market needs. This episode is packed with practical advice for real estate investors at any level.

Key Takeaways:

01:56 Guest Background and Current Market Strategy

02:57 Guest's Journey into Real Estate

06:03 Challenges and Learning Experiences

08:40 First Deal and Lessons Learned

18:43 Expanding Business and Virtual Wholesaling

20:53 The Power of Social Media in Business

21:03 Leveraging Freebies for Audience Engagement

21:33 Building Relationships through Calls and Texts

22:25 The Importance of Networking in Real Estate

22:38 The Power of Text Messaging in Business

23:05 Building B2B Relationships

24:10 The Impact of Networking Events

25:08 The Role of Social Media in Networking

27:24 The Importance of Consistency in Networking

27:44 The Shift to High Budget Marketing

27:59 The Role of PPC Ads in Business

31:17 The Impact of Market Shifts on Business

35:46 Building a Buyers List

37:19 The Role of Hedge Funds in the Market

41:12 Conclusion: The Importance of Taking Action

Connect with Kyle Allen:

https://www.instagram.com/kyleallen12/

https://www.linkedin.com/in/kyle-allen-126561102/

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The Arizona Real Estate Investors Association provides its members the education, market information, support, and networking opportunities that will further the member's ability to successfully invest in Real Estate.

Join AZREIA here.

Is a Career in Real Estate Right For You? Take AZREIA's Real Estate Investing Entrepreneurial Self-Assessment at 👉 https://azreia.org/entrepreneurial-self-assessment

Azreia Real Estate Investing Entrepreneurial Self Assessment Who is it for? ☑️ Anyone who wants to know if Real Estate Investing is right for them BEFORE spending time or money on education and training.

☑️ Everyone new to Real Estate Investing Our Entrepreneurial Self Assessment is designed for you to understand if Real Estate Investing is right for you and if so, you are best suited for active or passive investing.

AZREIA membership is a community consisting of independent real estate investors who invest in: 🏡 SINGLE FAMILY 🏙 SMALL MULTI-FAMILY 🏡WHOLESALERS ✍️ NOTES

Educational opportunities are plentiful and delivered through AZREIA's own education program and in collaboration with outside education providers.

🎓AZREIA's Core Education Classes are specifically designed for new investors to develop their critical skills quickly and effectively.

🎓Our strategy classes are provided through AZREIA and others and deliver an advanced level of knowledge.

Join the Deal Finders Club here

Deal Finders Club is a thriving real estate community "Where Deals Get Done", we train community members on these core skills...Marketing, Sales, Negotiations, Comping, Writing Offers, Locking Up Contracts, and so much more.

Discover:

https://ebooks.azreia.org/library https://ebooks.azreia.org/ideal https://ebooks.azreia.org/fix_and_flipping https://ebooks.azreia.org/note_investing https://ebooks.azreia.org/landlording https://ebooks.azreia.org/wholesaling_real_estate https://ebooks.azreia.org/property_scouting https://ebooks.azreia.org/house_hacking

Join our conversation at: Facebook: https://www.facebook.com/azreia Twitter: https://twitter.com/azreia?lang=en Instagram: https://www.instagram.com/arizona_reia/ Linkedin: https://bit.ly/3vKMnrR Website: https://azreia.org/