In this episode of Dollars to Doors we are talking with David Randolph. David is a short sale expert who is sharing some of his experience and strategies with us. He highlights his success in rehabbing houses quickly, making $50,000 to $150,000 in gross profit each, and lending money to new rehabbers. He defined a short sale as missing one house payment, emphasizing the bank's role as the distressed seller. Randolph shares his high success rate, having only lost five short sales in 15 years, and his method of finding and negotiating short sales. He also offers a free two-hour short sale workshop via Zoom, encouraging listeners to text "intro" to 636-685-2990 for details.

To connect with David Randolph, check out his website at 

https://thedavidrandolph.com

To hear more from David Randolph, join us at the July Joplin and Springfield REIA meetings to learn all about short sales.

Sign-up here: https://www.joplinareareia.com/

This episode of Dollars to Doors is all about taxes. 

Rema Ford, a CPA since 1997, and Sigi Hill, a business consultant specializing in cost segregation studies, discussed their expertise on the Dollars to Doors podcast. Rema emphasized the complexities of real estate taxation, including different tax treatments for various real estate activities. Sigi highlighted the benefits of cost segregation studies, which can reduce tax liabilities by accelerating depreciation on building components. They noted that their studies, done locally, offer audit protection and have saved clients significant amounts. They also warned against outsourcing studies to overseas firms, which can compromise data security and support.

With over 20 years experience as business consultant that includes being a general contractor, Sigi is passionate about assisting RE investors/owners to unlock the often-unknown treasury-endorsed and IRS-defined resources of instant cash flow benefits of engineering-based cost segregation studies. For the last 7 years, Sigi has worked with the premier provider in the US, cost segregation engineering firm CSSI LLC, Baton Rouge LA, to provide sound study results to dramatically reduce tax burdens for all kinds of income-producing real estate properties, including the lucrative Nightly-Rental market. With close to 60,000 studies in the last 22 years, none of the CSSI studies have ever been overturned in any client audits. Sigi is committed with her CSSI team to provide long-term support for her local and nationwide clients. That includes guidance and CPEs for the tax advisors. Don’t miss this opportunity to learn about insider strategies that could save you thousands of dollars and help expand your real estate investments.

If you have more questions or want to learn more, join us at the REIA Joplin Event June 3 or at the Springfield REIA event June 5.

More info here https://www.joplinareareia.com/

Blue Dog Wine Co is owned and operated by Sarah and Tracy Johnson. Around 2016 or so, Sarah had a retirement idea of owning a wine company.  After a good laugh, and some time for the idea to percolate, Tracy asked ‘why are we waiting?’  This was the start of what eventually became Blue Dog Wine Co.

After 3 years of research and planning and obtaining the required permits, Blue Dog Wine Co began in 2019. Working weekends and evenings to complete the building and start producing wine, Sarah and Tracy found themselves at home during the March 2020 COVID shut down. It was then that they decided to make a run for it and opened the winery. Since then, they have grown from 6 wines and reservations needed to over 15 wines and a NEW location in Mound City, KS called The Coyote Tasting Room

[email protected]

816-255-6041

@bluedogwineco

In this Episode we are joined by JD Buckridge! JD dives deep into his story and what drives him! What an incredible story about perseverance! 

Meet JD

I am a skilled leader, communicator, and goal attainer. I have always believed that if you help enough people get what they want, you will in turn get what you want...but others must always come first. I offer top notch results in the areas of executive coaching and training, sales coaching and training, and business consulting. In short...We help you grow your yourself and your business and make the cash register ring! We help you achieve results! I have always believed in the value of enhancing other people's visions and that is what drives my own. 

Connect with JD

This is Margie, I am an assistant for Doug Peacock, the CEO, and founder of Peacock Wealth Group. As a lifelong football coach and educator, Doug has helped thousands of families win the personal cash-flow game. The game plan recaptures the thousands of dollars paid to banks and other lending institutions to grow wealth safely and predictably in a tax-favored environment into your personal financing system. Doug is especially effective with student loans and destroys them quicker than you ever thought possible.

Join us as Anthony Chara is a guest on our show.

Join us as Adam Holt is a guest on our show.

Join us as Kaleb Marti is a guest on our show.

Attached is a timeline about Kaleb's Success. 

Kaleb is an auto mechanic turned real estate investor. Kaleb is living proof that if he can become successful in real estate investing, then anyone can. Kaleb Lives in Jasper Missouri, where his real estate company holds over $30,000,000 in total assets. He also owns companies in many different industries giving him valuable experience that he brings to all of his partnerships and coaching students. 2021 plans are to Purchase, Remodel, and Stabilize another 500+ apartments.  So far Kaleb and his team acquired a 13 unit complex, and contracted another 170 units. They are well on our way to reaching their goal. 2020 - Purchased Missouri place (60 units), Angleton,Tx (41 units), Oxford Park (96 Units), as well as several midrange storage and light commercial properties. The Year of the Pandemic created a lot of challenges, but still managed to close out the year checking off some huge goals as they passed their 400 unit Target for the year and over $30,000,000 in total assets 2019 - Purchased, remodeled, and stabilized Judys Cafe & Truck stop and Candlewood apartments in Pittsburg Kansas. 2018- Started The Chop Shop Meat Market, Started Miner's Liquor of Webb City, Started Car Center of Carthage, increased rental portfolio to over 170 units. Purchased Land in Webb City and is Partnering with Wes Barnum to build a 30,000 sqft convention Center and Hotel. 2017-  Purchased the business Clothesline Cleaners, increased his Rental Portfolio to 70 units, and founded Ample Land and oil company. 2016- Started purchasing commercial/ Residential  real estate in large quantities. Kaleb accumulated over 40 units by the end of 2016. He added an entire maintenance and management staff to handle substantial growth in this industry. 2015 - Purchased Trios Pizza and opened a car lot. 2012 - added automotive Repair to the shop to fill a large gap in the service industry. 2010 - Kaleb Started Marti Racing Building custom cars and trucks. 2007- Graduated Highschool, began working full time and attending college at Missouri southern for Computer Science. 2003 - Kaleb began working for his father at 8 years old installing sewer systems, dirt work, plumbing, excavation and much more.

Join us as Sarah Olson is a guest on the podcast. We discuss what it’s like to transition over to becoming a High School Business Teacher and leading students in the Deca and FBLA organizations! Sarah recently had two students compete at Nationals in Chicago  and one of her students won 10th in the nation! 

Attached is information on Sarah Olson’s Class 

High School of Business is designed much like a college business administration program. Students take approximately one course per semester, beginning with an introduction to business. The program continues with courses in various business functions concluding with the capstone course, Business Strategies, which requires implementation of the principles addressed throughout the High School of Business program. Students incorporate High School of Business into a college-preparatory style course of study, resulting in the delivery of a breadth of academic knowledge that is then used in rigorous business-focused projects. 

• Each of the five courses preceding the capstone course includes part of a program-long project. For example, students nearing the end of the Business Economics course learn how to use a decision matrix and business feasibility study to select a business idea from a list generated in the previous course, Principles of Business. 
• In Business Strategies, senior-level student teams use the knowledge and skills gained in all of the previous courses to implement their new business idea. 
• Each student has the opportunity to see business in action. Observing a senior-level business executive not only puts coursework into action, it can create a visual career goal for students. 

A*S*K (Assessment of Skills and Knowledge) Business Institute Certificate

The A*S*K certifications offer added value to completion of coursework and other learning experiences. 

Rigorous courses, college-level learning outcomes, and accountability through third-party exams are a powerful combination that leads to many benefits for students in the High School of Business program. Students are encouraged to take what they have learned and apply it to a postsecondary institution. Several options are listed here. 

• Missouri Southern State University
• Missouri State University
• University of Missouri-Kansas City
• Pittsburg State University
• University of Missouri

There are numerous career options for students in the High School of Business pathway. We encourage all students to pursue additional education through a two or four-year institution in order to position themselves to be most marketable in the business industry. However, many career options are also available for students directly out of high school. 

• Accountant  $40,850-$115,950
• Business Executive  $48,535-$86,000
• Financial Manager  $62,480-$187,199
• General and Operational Manager  $43,631-$90,790
• Marketing Research/Analyst  $50,079-$150,000
• Public Relations  $45,000-$125,000
• Marketing Director  $52,800-$255,000

Email Sarah-

[email protected]

We knew that 2022 would be a huge year, we just didn’t realize how huge! We have been blessed with some amazing opportunities that we will be sharing over the next 30 days. This is step 1! Enjoy the Podcast and we hope you’ll come along for the next adventure!