The pandemic has shaken almost every market, including real estate. So in this case, if we can't collect rent, why should we buy properties?

In this episode, Marco, Gabriel and Frank talk about how to properly manage the risk of buying assets during this critical time and the advantages of using Section 8 and other rental assistance programs on your properties.  

 

WHAT YOU’LL LEARN FROM THIS EPISODE

• What are the risks in buying assets with no rents?
• How to mitigate the risk on the buy
• The Key to Real Estate Deals: Buying it right
• Screen your tenants properly
• What is Section 8 tenant?
• Should you wait until it declines completely?
• Buy based on the collected rent

 

RESOURCES FROM THIS EPISODE

Click here for the free quick start course "Get Deals By Tuesday" Masterclass.

 

CONNECT WITH US

• Email: [email protected]
• Website: https://marcokozlowski.com
• Facebook: https://www.facebook.com/realmarcokozlowski/
• Instagram: https://www.instagram.com/marco.kozlowski/

Everyone knows how important negotiation skills are when it comes to building a successful business but it's easier said than done. So here we share some powerful tips and strategies you can use to perfect your negotiation skills. 

 

WHAT YOU’LL LEARN FROM THIS EPISODE

• Listening is an important component of negotiation.
• Ask more quality questions while negotiating and be present, do not take notes or wonder what you're going to say next.
• Ask open-ended questions.
• Ask questions and talk to them with the intention of helping them and find solutions to their problems.
• Whoever asks questions is the one in control of the conversation.
• Negotiation skills take time to perfect.
• Call an agent to practice your negotiation skills.
• Understand the client and show them you're useful to them.
• If you could not close a project with a client, make sure to follow up with them so that they remember you.

 

RESOURCES FROM THIS EPISODE

Click here for the free quick start course "Get Deals By Tuesday" Masterclass.

 

CONNECT WITH US

• Email: [email protected]
• Website: https://marcokozlowski.com
• Facebook: https://www.facebook.com/realmarcokozlowski/
• Instagram: https://www.instagram.com/marco.kozlowski/

If you are looking for ways on how to live an abundant life and have a significant net worth through real estate, then LEARN TO EARN today! Listen to this episode!

The beauty of real estate is once you start working and understanding it well, you can work once and get paid 5 to 7 times more continuously! Make your money work for yourself and you’ll be able to pass on these tips and techniques to your next future generations.

 

WHAT YOU’LL LEARN FROM THIS EPISODE

• Tips and techniques on how to earn more in real estate
• What is forecast market appreciation?
• Why do you need to have monthly cash flow?
• Benefits of amortization
• Why you need to consider opportunity cost?
• How do you build more equity over the years?
• What is forced appreciation?
• Do refinancing in a short period of time (at least 3 years) matter?
• Easy-to-understand mathematical equations for better presentation of the topics
• How important is deprecation schedule in real estate?
• How to write-off your real estate taxes in the U.S?
• What do you do with the extra equity?

 

RESOURCES FROM THIS EPISODE

Click here for the free quick start course "Get Deals By Tuesday" Masterclass.

 

CONNECT WITH US

• Email: [email protected]
• Website: https://marcokozlowski.com
• Facebook: https://www.facebook.com/realmarcokozlowski/
• Instagram: https://www.instagram.com/marco.kozlowski/

In this episode, we touch upon all that you need to know about contracts. We get into all the pitfalls with contracts and how to avoid them, we used some fascinating examples so that you are not only educated but also entertained. 

 

WHAT YOU’LL LEARN FROM THIS EPISODE

• Things to keep in mind when drafting your contract.
• Do not send money to an agent or seller directly.
• How to avoid scams.
• There should always be a timeline for you to receive your documents.
• The due diligence period only begins once you have the information.
• How to save time and money with contracts.
• How to not get taken advantage of by sellers.

 

RESOURCES FROM THIS EPISODE

Click here for the free quick start course "Get Deals By Tuesday" Masterclass.

 

CONNECT WITH US

• Email: [email protected]
• Website: https://marcokozlowski.com
• Facebook: https://www.facebook.com/realmarcokozlowski/
• Instagram: https://www.instagram.com/marco.kozlowski/

Successful deals do not always happen through just couple of "Yes’s" from both parties but also through the "No’s". And that’s when the negotiation process starts to create and forge amazing deals. When you encounter situations through an impasse, this is the best episode you can tune in to so you will know the techniques on how to create extremely exciting opportunities from a NO to a YES!

 

WHAT YOU’LL LEARN FROM THIS EPISODE

• What is an Impasse?
• What you do when a client says no?
• How to turn a No from a client to a Yes
• Art of negotiation to create win-win situation
• Sample deals that happen through an impasse
• What solutions can be done to address it
• Understanding the following principles:
  • How to say no
  • When to say no
  • When to say yes
  • Why you are saying yes
  • What you are saying yes to
• Understanding and building a good relationship with your counterpart

 

RESOURCES FROM THIS EPISODE

Click here for the free quick start course "Get Deals By Tuesday" Masterclass.

 

CONNECT WITH US

• Email: [email protected]
• Website: https://marcokozlowski.com
• Facebook: https://www.facebook.com/realmarcokozlowski/
• Instagram: https://www.instagram.com/marco.kozlowski/

Getting started with commercial real estate can seem strenuous, confusing, or overwhelming when it comes to the expenses, taxes, and due diligence. What will help you manage your property safely is a good base of knowledge. In this episode, we give you talk all about managing commercial properties and all the due diligence you need to make.

 

 WHAT YOU’LL LEARN FROM THIS EPISODE

• How to manage revenue.
• How to mitigate maintenance risks.
• Your profit and loss is your starting point
• Get your insurance broker to quote you based on what your needs are.
• Expenses you will have when managing a property on your own.
• If you can make money in the worst-case scenario, then you're going to be fine.

 

RESOURCES FROM THIS EPISODE

Click here for the free quick start course "Get Deals By Tuesday" Masterclass.

 

CONNECT WITH US

• Email: [email protected]
• Website: https://marcokozlowski.com
• Facebook: https://www.facebook.com/realmarcokozlowski/
• Instagram: https://www.instagram.com/marco.kozlowski/

 

Whether you are already in the real estate business or have just started, you can definitely go a long way by starting to pass on ways to achieve residual income to your children! TEACH THEM YOUNG!

Today’s episode is an interview with Frank Gallucio of Toronto, Canada about his pre-teen kids buying their own properties and making income! He wanted to empower his kids with the same strategies and mindset. If THEY CAN DO IT, THEN ANYONE CAN!

 

WHAT YOU’LL LEARN FROM THIS EPISODE

• What triggered Frank’s pre-teen children, Bianca (12 y.o) and John Lucas (10 y.o) to start investing at a very young age?
• How did it all start?
• Review on basic analogy in real estate: ABC and 1,2,3
• What were Marco Kozlowski’s strategies that Frank and his family followed to achieve success?
• How much income did Bianca make on her first property?
• How important is the “Lease and Buy Option” to tenants?
• Tips on what you can do if the tenant chooses either the lease or buy options
• What to do to get the property tax-free?

 

RESOURCES FROM THIS EPISODE

Click here for the free quick start course "Get Deals By Tuesday" Masterclass.

 

CONNECT WITH US

• Email: [email protected]
• Website: https://marcokozlowski.com
• Facebook: https://www.facebook.com/realmarcokozlowski/
• Instagram: https://www.instagram.com/marco.kozlowski/

Why is there a limited amount in your bank account? Is it possible to overcome your limiting beliefs towards your finances?   The limited belief around money is so hard to overcome but you have the power to change it! Listen in and be inspired to refrain yourself from that outlook and create a new path to financial freedom.  

WHAT YOU’LL LEARN FROM THIS EPISODE

 

• The Limited belief around money
• What is money?
• If there's no pain- there's no drive and focus
• Is there a limited amount of money to anything?
• Doesn't mean that you have a good idea: doesn't meant that you're entitled to money
• You can exchange your value in exchange for money
• Figure out what people want 
• How to create value in two spaces
• "You never need your own money to make money" - Marco Kozlowski
• "If you can't make money without money, you can't make money with money" - Marco Kozlowski 
• What is inflation?
• The money you put in today is worth less tomorrow
• So, is there a lack of money?
• If you behave like a wealthy person, you will stay wealthy. If you behave like a broke person, you will stay broke
• Wealth is not just money. 

 

RESOURCES FROM THIS EPISODE

Click here for the free quick start course "Get Deals By Tuesday" Masterclass.

 

CONNECT WITH US

• Email: [email protected]
• Website: https://marcokozlowski.com
• Facebook: https://www.facebook.com/realmarcokozlowski/
• Instagram: https://www.instagram.com/marco.kozlowski/

 

Limiting beliefs and excuses puts you in a box, it prevents you from growth that would otherwise be possible. It is important to break out of this cocoon and explore life to its fullest potential. This episode delves into how we can break free of our limiting beliefs. 

WHAT YOU’LL LEARN FROM THIS EPISODE

• We waste a lot of time on things that do not matter and when it comes to the things that matter we just push it back and keep procrastinating. We need to start better prioritizing our tasks.
• To get started in real estate or any business you are passionate about starting while you are still working your job, start with dedicating 1 hour a week to it.
• Look for properties, offer deals, make calls and emails
• Make this a part of your routine and you will notice yourself extending that one hour to two and three
• Keep in mind that this is not a race and won’t happen overnight. You have to get there with a lot of patience
• Everyone have 24 hours in day but how you spend it makes the difference
• You may also start with working 15 minutes a week, consider this as when you start going to the gym. Your first day on the treadmill will be very hard and you might be only running 15 minutes on it, on the second day you might go for 20 minutes and then third 30 minutes, eventually you will find yourself running on that same treadmill for like an hour.
•  In this way slowly set your pace and consider that you are your only competition
•  If you don’t work for yourself you will end working for someone else who took those 15 minutes and utilized it
• Age doesn’t matter, Colonel Sanders started KFC in his 70’s when he almost gave up and just look at the success KFC has got
• There are so many YouTube videos, articles, Podcasts and books to help you guide on where to start. Use all the content that is available to you on a single click
• Small steps today can make huge difference in future

 

RESOURCES FROM THIS EPISODE

Click here for the free quick start course "Get Deals By Tuesday" Masterclass.

 

CONNECT WITH US

• Email: [email protected]
• Website: https://marcokozlowski.com
• Facebook: https://www.facebook.com/realmarcokozlowski/
• Instagram: https://www.instagram.com/marco.kozlowski/

Real estate traps are sometimes laid out so well, even the most skilled may fall into them. Mistakes in real estate are costly and it's no play. In this episode, we discuss some of the common traps that you can avoid which will help you cut expenses and invest safely!

 

WHAT YOU’LL LEARN FROM THIS EPISODE

• When you buy single-family, always compare with similar properties.
• Always buy by looking at the present value and price or what it has done in the past, not it's future value.
• Risks that come with raising the rent.
• Why 100% occupancy isn't great.
• Different property values in different states.
• Why bidding wars are dangerous.
• How to deal with bidding wars.
• When you purchase by bidding it becomes an emotional purchase rather than a purchase based on numbers.
• Agent contracts and state forms are designed to protect the seller, the agent, and the broker, they are not designed to protect you.

 

RESOURCES FROM THIS EPISODE

Click here for the free quick start course "Get Deals By Tuesday" Masterclass.

 

CONNECT WITH US

• Email: [email protected]
• Website: https://marcokozlowski.com
• Facebook: https://www.facebook.com/realmarcokozlowski/
• Instagram: https://www.instagram.com/marco.kozlowski/