BigMikeFund

Antoine Martel is an up-and-coming superstar in the real estate world. He specializes in turnkey properties and has grown his business at an impressive rate in the last four years. Antoine tells me the story of how he got into the turnkey business and what he has learned from it.

If you are considering jumping into the turnkey market, Antoine paints a great picture of how the model works. He offers some good advice and shares his opinion on the current market.

MINUTES MARKERS

00:00 -- Introduction to the Big Mike Fund Podcast.

00:22 -- Welcome Antoine Martel to the show!

01:11 -- All about Antoine and Martel Turnkey.

03:22 -- The type of properties Antoine considers.

03:50 -- What makes Antoine’s deal structure different from others?

05:05 -- How to find good companies to do work for you when you are out of state.

06:42 -- How Antoine finds his deals.

09:20 -- Why cutting corners is always a bad business decision.

10:45 -- The typical cost of one of Antoine’s projects.

12:50 -- The challenge of finding a good property manager.

13:50 -- How Martel Turnkey handles tenant turnover.

15:30 -- Antoine’s rule of thumb for cash reserves and Mike’s differing opinion.

19:47 -- Antoine’s observation of the current market.

21:38 -- What happens when people want to sell their turnkey property?

22:10 -- Antoine’s contact information.

23:05 -- Antoine’s book recommendation.

24:30 -- Thank you to Antoine Martel for joining us.

24:51 -- Outro to the Big Mike Fund Podcast.

RESOURCES

Martel Turnkey

Antoine on Instagram

Big Mike Fund Podcast

Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties by David Greene

Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! By Robert T. Kiyosaki

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Welcome to the Big Mike Fund Podcast! Today’s episode is a topical episode. I want to share how you can prepare for the inevitable downturn coming to the global economy. 2019 is going to see a recession. I have been saying this for a few months now and I want you to be ready for the changes coming down the pipe.

MINUTES MARKERS

00:00 -- Introduction to the Big Mike Fund Podcast.

00:23 -- Welcome to today’s monologue.

00:50 -- The economy is currently in a technical recession and it will get worse.

02:00 -- The federal government will slow interest rates hikes and why that is good.

02:49 -- The effect of the trade wars.

03:26 -- My opinion on the situation with China.

04:18 -- The outlook from a global perspective.

05:47 -- What a recession will mean for you.

06:20 -- The corrections to the market you can expect.

07:30 -- The increase in demand for affordable housing.

08:28 -- Point 1: consider your cash flow.

09:40 -- Point 2: look for value-add projects.

10:30 -- What a recession will mean for the stock market and other investments.

11:26 -- Why real estate is still a sound investment.

12:18 -- What is actually considered “affordable housing.”

13:13 -- Why duel exits are best.

14:07 -- Avoid investments that are dependant on commodity prices and trade agreements.

15:19 -- Syndicated deals don’t work in this environment.

17:10 -- The areas that will always do well.

19:02 -- Invest in what you understand and people you trust.

20:10 -- Increase your access to cash.

20:52 -- Why an investment partner is a good idea.

21:33 -- Look for properties in distress and what that means.

23:20 -- A recap of today’s topic.

23:51 -- Thanks for tuning in and how to contact me.

24:06 -- Outro to the Big Mike Fund Podcast.

RESOURCES

Big Mike Fund

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Mark Jackson is the founder of Investor Comps, an online service that helps potential investors get the transactional and market information on a property. We discuss his company and the tools it offers to its customers.

I have personally worked with Mark in the past. We met in the Freedom Founders mastermind. I really like him and his company. Tune in to learn more about Investor Comps and how it can help you better prepare for your next real estate deal.

MINUTES MARKERS

00:00 -- Introduction to the Big Mike Fund Podcast.

00:21 -- Welcome Mark Jackson to the podcast.

01:40 -- Mark’s history as a property appraiser.

04:30 -- The beginnings of Investor Comps.

05:13 -- How Mark did his deals differently than other appraisers.

07:00 -- What Investor Comps offers their customers.

14:05 -- How Investor Comps’ service presents market changes to their customers.

21:20 -- Features that appear on an Investor Comp report.

23:15 -- What are some of the terms Mark uses during this episode.

26:10 -- Mark’s opinion on the Air BNB trend.

29:40 -- Thank you to Mark Jackson for joining the podcast.

30:13 -- Upcoming events on Investor Comps.

31:00 -- Mark’s book recommendation.

31:40 -- Mark’s contact information.

32:15 -- Outro to the Big Mike Fund Podcast.

RESOURCES

Investor Comps

Freedom Founders

The Miracle Morning: The Not-So-Obvious Secret Guaranteed to Transform Your Life (Before 8AM) by Hal Elrod

Big Mike Fund

Real Estate Investment Fund: How to Choose a SMART Real Estate Investing Fund: Top 10 Biggest Mistakes To Avoid Before Investing Into a Real Estate Fund (Private Money, REITS, Equity, Structure, Tax) by Mike Zlotnik

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I am joined today by Jason Hartman, a successful real estate investor and advisor. Jason and I discuss the changes coming to the real estate market. Interest rates are set to raise and we have differing opinions on the government’s decision to rise rates. We have a respectful debate about why these changes are both good and bad for the economy.

Jason and I have a great conversation and it is awesome to have such a knowledgeable guest.

MINUTE MARKERS

00:00 -- Introduction to the Big Mike Fund Podcast.

00:22 -- Welcome Jason Hartman to the podcast.

00:58 -- The real estate market is changing!

06:09 -- How the new tax laws are helping Jason’s business.

09:00 -- What adjustable mortgage investors can expect from the changes.

11:12 -- The 3 ways the government misrepresents the inflation rates.

13:54 -- The grand conspiracy theory.

14:52 -- The concept of inflation debt destruction.

15:16 -- Why inflation is good.

16:00 -- Why Jason doesn’t agree with Robert Shiller’s work.

17:40 -- Shiller’s Cyclically Adjusted Price Earning Ratio.

20:00 -- What Cyclically Adjusted Price Earning Ratio doesn’t take into consideration.

21:56 -- The problem with unequally yoked trading partners.

25:23 -- Capital formation is the key to wealth building.

27:40 -- Thank you, Jason Hartman, for joining the show today.

28:10 -- Jason’s parting advice for the audience.

29:08 -- Jason’s contact information.

29:43 -- Outro to the Big Mike Fund Podcast.

 

RESOURCES

Big Mike Fund

Creating Wealth Show

Jason Hartman’s website

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Today’s episode is a presentation I have put together about how to prepare for raising interest rates and other topics. I answer many questions about interest rates and how a fund can better prepare you for an economic downturn. Some of the questions I answer are,

What to do when interest rates go up.

What does the Federal Reserve do?

How can you protect your investments during an economic change?

MINUTE MARKERS

00:00 -- Introduction to the Big Mike Fund Podcast.

00:22 -- Welcome to my presentation.

01:02 -- About me and professional background.

01:36 -- What Tempo Fund specializes in and other resources we offer.

02:07 -- The current state of interest rates.

03:30 -- What is a cap rate? How is it used?

07:17 -- What happens to cap rates when interest rates go up?

08:01 -- Why cap rates get worse.

09:30 -- How interest rates affect prices.

10:39 -- 3 examples of how interest rates work.

12:00 -- DSCR requirements and what that means to a bank.

15:52 -- What do these examples teach us?

16:18 -- How interest rates affect the value of a project.

21:17 -- Is it possible for the asset prices not to fall even with the rising interest rate?

22:11 -- Why the Federal Reserve raises interest rates.

24:37 -- Maybe, interest rate increases are good for real estate?

28:17 -- How the Federal Reserve raises interest rates.

29:00 -- The Federal Reserve is raising interest rates too fast.

29:54 -- The problem with short-term interest rates.

30:05 -- A brief recap of the economic state of the market.

32:23 -- How can you prepare for an interest rate rise?

35:43 -- How to invest with an economic downturn in mind.

36:30 -- Why should you invest in value-add projects?

38:14 -- Individual deals vs. Funds

40:37 -- The Tempo Opportunity Fund.

42:40 -- My contact information.

43:50 -- Thank you for listening today.

43:53 -- Outro to the Big Mike Fund Podcast.

RESOURCES

Big Mike Fund

Tempo Funding

Tempo Funding Platform

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