Deal Junkies - A Real Estate Podcast

This episode of Deal Junkies is about a very important spiritual principle of not only real estate but life. The Junkies each discuss their perspective on what ego really is and how theirs has evolved over time. Everyone has an ego but it’s up to us whether it’s our strength or downfall. Listen in to learn how to keep your ego under control.

In this enlightening episode of Deal Junkies, we delve into the often-overlooked spiritual principles that can transform your approach to real estate. The list is long and there are likely many that have not made it onto the list but this is what we have so far:

1. You have to relax around money or you’ll never have any.

The next episode will be dedicated entirely to the 8th principle, you’ll just have to wait to hear.

After listening to this episode, share one of your spiritual principles of real estate and tag the Deal Junkies!

In today’s episode of Deal Junkies the Junkies talk about Deals, as they should. Today they focus on the deal Mike is doing right now, he is a reformed house flipper turned into a 10-story office tower flipper. The discussion revolves around how he made the transition and what key partners he had to bring in to do so. Listen in to hear how you can make a transition into the next step of your real estate journey by utilizing the right partners.

In todays’ episode the Junkies talk about partnerships. It’s the most commonly asked question in real estate, should you have them? The answer isn’t so straightforward. The Junkies talk about what the benefits of partnerships are but also their potential pitfalls and how to avoid them.

This episode will change how you think of money. It's a movie review but also a deep dive into Modern Monetary Theory or MMT. This has been a hot button topic over the past few years as this “theory” has continued to gain notoriety. If you agree with the ideas discussed in this episode you will no longer be afraid of the US Debt but instead want the number to continue to grow. Listen in to find out why.

AJ Osborne - www.selfstorageincome.com

In this episode of Deal Junkies the Junkies dive into what rates are doing, yield curves, the job market and how the market is really doing right now. They discuss how this is changing the deals that they’re currently doing and how they’re doing them. It doesn’t stop the deals, it just forces you to pivot. You’ll hear about current negotiation tactics that the Junkies are using for their deals too as the market continues to shift. Listen in to hear about deals, opportunities and the state of the market.

In today's episode of Deal Junkies the Junkies interview Michael Hamilton the founder of Seneca Development Company. You’ll learn how he went from very humble beginnings to having a pipeline of 850 apartment units in various stages of development. After starting college he quickly learned that school wasn’t for him, he knew that there was knowledge and skills he could learn through grit that university wasn’t going to teach him. We’ll talk about how a stint of networking in LA and an introduction to Snoop Dogg’s son lead him to building custom homes in Newport Beach which turned into new construction apartment developments in downtown Portland. We then jump into how he built a team and created value for investors and partners in order to own real estate. Listen in to hear his story and learn about all the lessons he learned along the way.

In the second part of the Deal Junkies New Investor episode the Junkies give a breakdown of a few real deals that Trevor did to start building his portfolio. Many of us might already know what househacking is but knowing what it is and executing on it are two different things. They talk through the things done right and the things done wrong in those first few deals. Everyone always says the first deal is the hardest one to do, listen in to this episode and get one step closer to moving past that.

In today’s episode of Deal Junkies Trevor, Dane and Mike talk about how to create value as a new investor. To be an Operator in real estate you have to have time, skills and money but to get started all you need to have is one of those three things. The Junkies talk through the different strategies that are most commonly used to get started investing in real estate. From a house hack to a highly levered seller carry contract they break down the best starting strategies.

In Part 2 of our conversation with Paul Kerley we discuss one of his hardest lessons learned. The deal was a development project that needed some money to build his modular homes. If you’re noticing a trend with development projects with partners that you don’t know very well then you may be onto something. It's a common mistake that many real estate investors have made and continue to make. The reason being that development is one of the most lucrative ways to make money in real estate but it’s also one of the riskiest. If you’re thinking about getting into a project make sure you ask someone who you trust, knows real estate and isn’t a part of the project if you should really do it. The Junkies discuss these pitfalls and more in this episode of Deal Junkies!