Before the Millions

Mark has been an active Real Estate investor in the Baltimore Maryland area for the last 15 years. With over 100+ rental units, Mark on our guest for today’s show to teach us the infamous BRRR strategy where you find a deal and do the following: buy, rehab, rent, refinance and repeat. Mark and I also discuss the metrics behind getting deals done. So if you’re wondering how many postcards should you send out or how many calls you should make before expecting a deal, listen to this episode.   Key Points From This Episode: * The math behind the BRRRR Strategy * Why single family homes cashflow better than multifamily * How much effort it takes to get your 1st deal done * How many yellow letters equal 1 deal * The importance of credit when refinancing   Links Mentioned in Today’s Episode: Mark’s Website Recommended Book: 10X by Grant Cardone Listen to this books for free! Lifestyle Design App: Google Suite BTM Newbies Guide

How do I get started in Real Estate? How should I begin my investing journey? How much money do I need to get started?   On this episode of the Before The Millions Podcast, we are answering all of those questions as they pertain to you. You may be overwhelm with all of the real estate strategies or confused as to how to get started but by the end of this episode you will leave with a crystal clear strategy and a commitment to that strategy…   Download this weeks freebie! –>  Real Estate Newbie’s Guide here to follow along with the exercises in the episode.

Anton Ivanov is a US Navy veteran, real estate investor and entrepreneur with a portfolio of 40 rental units spread out across 4 states. His portfolio generates over $12,000 in monthly passive income, and requires less than 1 hour a week to manage. Today, Anton and Daray cover Anton’s Before The Millions story and how he has been able to systematically grow his real estate portfolio using 2 things: Traditional Bank Financing and an app called Deal Check. We discuss both in detail on today’s episode. Define DealCheck? – a leading real estate analysis platform for quickly analyzing and comparing rental properties, flips and commercial buildings. DealCheck is used by over 100,000 real estate investors, agents and professionals worldwide. Receive 25% off for life using code BTM25.   Key Points From This Episode: * The power of a mortgage broker * Why work with credit unions instead of banks * Difference between portfolio loans and commercial loans * How Anton is going to transition from his day job for good * Why Anton decided to create an app * How you can analyze deals effortlessly   Links Mentioned in Today’s Episode: Anton’s Website Recommended Book: Think and Grow Rich by Napoleon Hill Listen to this books for free! Lifestyle Design App: Evernote

Steve is an international commercial Airline Pilot who turned investor after the shock of 9/11 turned his airline career world upside down and the “safe-secure” job was anything but that. This is when he realized he needed to be in control of his own destiny. Since then he has owned dozens rental properties as well as apartment complexes, he has also flipped and wholesaled hundreds of properties. In the beginning, he failed miserably as a landlord due to terrible tenants, worse neighborhoods and zero structure. It took him years, but with the help and guidance of mentors and coaches they have figured out how to leverage each other’s strengths to successfully build a multi-million dollar property management business   Key Points From This Episode: * How 9/11 changed Steve’s life as a pilot for the better * How Steve travels to Australia twice a month * The power of social media in your business * Low income, high cashflow properties * Scalability, Marketability and Opportunity and why they’re key * How to manage 1000 properties   Links Mentioned in Today’s Episode: Steve’s Website Daray’s Instagram Before The Millions Facebook Group Recommended Book: 10x Rule by Grant Cardone Listen to this books for free! Lifestyle Design App: Evernote

Michael Becker is a banker turned seasoned apartment syndicator with 8000+ units acquired. He currently has $650 Million assets under management. Michael is an expert in commercial financing, including underwriting, due diligence, financial analysis and preparation of marketing materials. On today’s episode, Michael and I discuss the current state of the real estate market and what a new investor needs to know to get started with apartments. It’s not always about what you know, in fact it’s almost never about what you know. We’ll discuss the power of leverage and taking notice of the resources in your circumference.   Key Points From This Episode: * Why Michael made the move from single family to multifamily * Different ways to raise capital for deals * How to create a consistent pipeline of opportunities in any market * How to avoid taxes legally * Michaels advice for getting started in real estate * How to work with brokers on apartment deals * The difference between an active and passive apartment investor   Links Mentioned in Today’s Episode: Michael’s Website Recommended Book: Tax Free Wealth Listen to this books for free! Lifestyle Design App: Monday App

Ross Hamilton started investing in real estate in 2001 at 19 years of age and has personally owned or partnered in hundreds of real estate investments around the US. In his early 20’s, using the profits earned from his real estate investing business, Ross founded ConnectedInvestors online platform. The Connected Investors platform has grown into a real estate investment marketplace and the premier social network of over half a million real estate investors. His platform is the first company to build a private money marketplace that allows real estate investors to easily get loan offers from multiple private money lenders by simply tapping a few buttons. The tech company facilitates over $3B in fix and flip and buy and hold funding requests each month.   Key Points From This Episode: * Ross’s transition from BMX to Real Estate * The emergence of Facebook for Real Estate Investors * How Ross linked up with the CEO of LendingTree * How Connected Investors grew to hundreds of thousands of users * Where to find the best/cheapest private money * What else to look for in a private money partner * How to become a private money lender * How to get private money lenders to fight for your deal * If you should find funding 1st or the deal 1st * As a brand new lender, how you should price yourself * Amazon and Real Estate * How to find deals in todays market * Hyper Targeting deals (cheatcode)   Links Mentioned in Today’s Episode: Ross’s Website Recommended Book: Think and Grow Rich by Napoleon Hill Listen to this books for free! Lifestyle Design App: Monday App   Fundrise: Online Real Estate Investment Platform

Why isn’t your real estate business where you want it to be? Why are you struggling in your journey to full-time self employment? Why is it that you’ve learned so much yet have taken so little action? On today’s episode, I breakdown exactly what’s keeping most of us from the transformation that we truly desire.   Links Mentioned in Today’s Episode: Before The Millions Mastermind Before The Millions Workshop Before The Millions Podcast

Immigrated from South Korea in 1999, the Kwak family only had $2000 cash in hand and a small 1 bedroom apartment in Albany Park area in Chicago. Today, Sam and Daniel have scaled to 75 units and are helping others to get involved in the industry! On today’s show Sam and I discuss the thought process surrounding debt and real estate. Most people believe that it proper to pay off debt before they consider investing in real estate, but is this true? Find out on today’s show.   Key Points From This Episode: * What phantom appreciation is * Should you invest or pay debt? * The coming recession and what to do about it * Do banks have the power to call your loan due? * Sam’s first 3 years getting 0 deals done * How to be worth 1 million dollars * What the debt acceleration method is * Sam’s vision for North Korea   Links Mentioned in Today’s Episode: Kwak Brother’s Website Recommended Book: Rich Dad Poor Dad by Robert Kiyosaki Listen to this books for free! Lifestyle Design App: Google Task App

Daray Olaleye and Matthew Baltzell discuss why “the Corporate American Dream” doesn’t lead to happiness or freedom. Daray explains “it was ALL a big lie!” Key Points From This Episode: * Building a Real Estate Empire – Monopoly Style * The single day that changed Daray’s life * How to get the real estate ball rolling * Why the fear of success is more prominent that we know   Links Mentioned in Today’s Episode: Matthew’s Podcast Daray’s Website Recommended Book: 4 Hour Work Week by Tim Ferris Listen to this books for free! Lifestyle Real Estate Business Webinar

Seth Ferguson, today’s guest, is recognized as a real estate industry leader. With a decade of high-performance experience behind him, he has excelled in building businesses in several branches of real estate. Seth began his career in real estate on the residential brokerage side, when he got the idea to create his first product, a book! With his first book, seth realized the power of positioning himself as a thought leader as will as the power of adding value to others while the book single handedly created more sales for Seth’s business. He went on to build on the idea of being an authority in the real estate space to reach the masses and to generate more revenue. Seth faced a critical moment in his life where he lost everything he owned to his former spouse but reframed his story and turned it into victory. Today Seth is a TED talk speaker, podcaster, author and investor that continues to build his brand around real estate to get to his real estate goals that much quicker.     Key Points From This Episode: * How a Realtor can drive more sales by writing a book * The type of products and services that help your real estate business * How to raise capital through brand building * Where marketing is going in 2020 and why video is important * Seth’s transition from single family to multifamily * What Seth did when his ex took everything, including his real estate     Links Mentioned in Today’s Episode: Seth’s Website Recommended Book: Rich Dad Poor Dad by Robert Kiyosaki Listen to this books for free! Lifestyle Design App: Google Calendar