Best Real Estate Investing Advice Ever Archive II

Today, we have an incredible conversation about acquiring and underwriting deals. Our Best Ever guest today, shares with is TONS of value regarding how to determine a viable market, how you actually need to use a cap rate and why you should look at the numbers LAST when evaluating a deal.     Brian Burke’s real estate background: -          Based in Santa Rosa, California -          Co-Founder and Managing Director of -          Flips 25 to 30 houses a year and is buying a 276 unit property -          Focuses on single family and multifamily acquisitions -          Purchased nearly 700 properties with combined value in excess of $200 million -          An avid aviator who loves flying airplanes, helicopters, and stunt planes

It was today’s Best Ever guest, with a 15 year loan, at the bank! Sound like a game of Clue to you? Well, it’s no mystery why today’s Best Ever guest has made a career out of real estate investing! Today, we discuss the different real estate cycles she has seen in real estate and why you should take a 15 year loan.   Sandra Musslewhite’s real estate background: -          45 years as an investor primarily in income-producing residential property -          Strong advocate of 15 year loans vs. 30 years -          Based in Virginia Beach, Virginia -          Avid reader of murder mysteries -          Say hi to her at sandramusselwhite@

Today, we have an incredible conversation about lease-options and ALL you need to know about them. Our Best Ever guest shares with us his motivation for going into lease-options, why they are beneficial and what he does to be a master of marketing.     Joe Bodek’s real estate background: -          Third generation real estate entrepreneur who is born and raised in Philadelphia, PA -          Has run 7 apartment communities (3,000) units, developed land and built single family houses -          Guitar player and played with local groups -          Lease options is what he specializes in now -          Say hi to him at

Today’s Best Ever guest shares with us everything you need to know about an FHA loan, and just exactly what ‘wholetailing’ is, because it may be your new niche. Que Bueno!   Andrew LeBaron’s real estate background: -          Real estate investor for a year and a half based in Phoenix, Arizona -          Focuses on wholesaling and “wholetailing” -          Say hi to him at -          Full time job mortgage banking mgmt. at a large bank and has traveled to Chile as a missionary for his church -          He is fluent in Spanish

Ever feel a gut feeling that you should or shouldn’t make an investment? Well, HERE are the questions you need to ask yourself about your potential investment. We discuss how to stay focused on what you’re trying to achieve and everything you need to know about buying single-family homes.   John Gutman’s real estate background: –          VP of Sales and Acquisitions for –          Responsible for the strategic purchase of all residential properties as well as mgmt. of the sales and acquisition staff –          Headquartered about 20 minutes from downtown Chicago –          Sold over $315M worth of real estate –          Say hi to him at –          Went to boarding school in Connecticut and went to University of Oregon for college