Today, we’re talking about AI on the Heartland Multifamily Show. Along with my guest, Isaiah, I talk about the pros and cons of AI. I am in favor of AI. It’s made my life easier, and I expect it will continue to do so in the future. I look forward to the day when computers can clean my house and do my dishes. But at the same time, there’s one thing that AI can never give you, and that's authenticity. As an owner-operator, even if an AI chatbot can report a problem and set an appointment with a plumber on their website, AI won’t be able to give the tenant the empathy it requires to make her feel like her business matters. I don’t think AI will ever be able to do that, and hopefully, it won’t.

On this episode of Ask Uncle Darin from the Heartland Multifamily Show, I answer a question I get asked a lot: Why is it always so hard to run a business/invest/achieve your dreams? The answer may surprise you, but it shouldn’t: It has to be hard. If you expect things to be easy in life, all you have to do is have an average life and never pursue your dreams. In this episode, I teach you how to adjust your expectations so when life gets hard, you don’t give up.

Why would someone sell at a discount? In previous episodes of the Heartland Multifamily Show, I’ve talked about the importance of being skeptical if someone offers you a property at a discount. But there are many good reasons why a property owner is willing to leave money on the table in favor of a quick sale. The top four reasons are illness/death, being on the verge of repossession, not having the time or energy to manage the property, and seeing another opportunity that makes up for the immediate loss. Watch this episode of the Heartland Multifamily Show to learn more.

Are you one of those landlords who say, “There’s not enough time!”? If you’re a landlord, then the answer is yes. None of us have enough time. Today I’m going to give you a tip I heard directly from Patrick Bet-David on how to manage my time: Rate everything on your to-do list according to urgency and impact. Do the things that are rated highest on that list first, and you can put off, delegate, or even ignore things that don’t. As an entrepreneur and investor, you’re always being pulled 100 different ways. This is how you manage your time and focus on what’s important.

Affordable housing. We all like to complain about how expensive things are, but at the Heartland Multifamily Show, I’m willing to tell you the hard truth. I’m not some activist by any means; my views come from decades of experience buying, selling, and managing millions of dollars of properties in America’s Heartland. And the hard truth is that affordable homes aren’t a question of money, it’s a question of qualifications. If you’re a landlord like me or a bank, you check someone’s credit score before you work with them. And many people don’t qualify for favorable treatment. Watch this episode to hear me break down in detail why there’s no magic bullet for affordable housing.

This episode of the Heartland Multifamily Show is a lot shorter than usual because I’m doing a reaction video. I’m reacting to Mark Shapiro, a real estate investor and influencer. (Not to be confused with Mark Shapiro of TKO or Mark Shapiro of Moneyball). Shapiro recently did a video making the claim that everything a woman does is meaningless to a man except being able to support him and grow with him. Watch this video to hear my take on it. You’ll want to hear from my experience as a husband and a real estate investor.

Want to get rich? 

This is the video for you. In this video, I’m going to explain to you why the conditions are perfect for a severe crash in real estate prices. Now this is terrible news for most investors, but for the smartest and savviest ones, it’s great news. I’m going to show you why I predict this upcoming crash and how you, yes you, can take advantage of it by planning for it right now. Watch this video for more.

Welcome to another episode of Ask Uncle Darin on the Heartland Multifamily Show, where I offer folksy wisdom that comes from my decades of experience in investing, but also in life. Today, I’m talking about sales. Some people don’t like salespeople. Even some salespeople don’t like salespeople. And I don’t understand why, because sales make the world go ‘round. The best salespeople give you what you need when you need it, and that's why I appreciate salespeople. If you want to learn more about why salespeople are more important than you might realize, watch this video.

You want to be a successful Multifamily Investor. It’s not as simple as investing some money and then sitting back and collecting your checks. It’s a lot of work, and there’s a lot of risk involved. There is a good chance you’ll fail, and there are three reasons specifically why you’re likely to fail. In this episode, Isaiah and I discuss those three reasons. The first is the signal and the noise. As an investor, there are a lot of things competing for your attention, and you have to prioritize the ones that get you results from the ones that get you distracted. Second, every day is a roller coaster. You’re going to have ups and downs, and often at the same time. You need the emotional fitness to keep going when everything depends on you keeping a clear head. Finally, there is stress and pressure. It’s a stressful job, and you’re going to have to find ways to deal with that pressure that don’t end up bringing you down in the long run. Watch this video to hear three major reasons most people fail, so you can be successful.

If it sounds too good to be true, it usually is. Everyone knows it, because it’s the truth. On this episode of the Heartland Multifamily Show, Isaiah and I discuss why any time you spot a great deal, you should be skeptical. It might be a great deal, but don’t get emotional; there’s a reason they’re offering it to you and not insiders like me. On this episode, I’ll explain how you should evaluate an offer when you see a property at a lower than expected price.