Get Real Podcast

EPISODE SUMMARY:

Can you afford to invest in real estate? Should you invest using your equity or debt?

If you're confused and you don't understand the different real estate financing avenues, this episode is right for you! Heather, will walk you through the different options you can have to finance your properties.

WHAT YOU'LL LEARN FROM THIS EPISODE

• What are the options for available funds to use
• Understand your balance sheet
• Understand your assets such as cash equivalents
• Cash value life insurance
• Group of plans

1. 1. Retirement Plans

- Qualified and non qualified plans

1. 1. Home Equity

• 10 conventional loans per borrower - Be strategic to allow more loans
• What is conventional financing?
• Loan details to know about

1. 1. Non-recourse loans
   2. 1031 exchange rules

• Creative funding options

1. 1. Home Equity line of credit
   2. Asset-based loan
   3. Option to buy property that needs work/rehab

• What are the risks that you'll encounter?
• Leveraging

RESOURCES FROM THIS EPISODE

If you need help with anything in real estate, please email: [email protected]

CONNECT WITH US

• Reach Ron: RP Capital
• Leave podcast reviews and topic suggestions: iTunes
• Subscribe and get additional info: Get Real Estate Success

EPISODE SUMMARY:

Real Estate has its own lingo when it comes to appreciation and market yield, much different from other industries such as stock markets.

In this episode, we will tackle how to properly choose your markets and properties, what to buy and what not.

WHAT YOU'LL LEARN FROM THIS EPISODE

• What you missed from financial industries' lists on greatest markets for real estate investors?
• Yield in stock investments is different from real estate
• Important factors in choosing the right property

• Economic factors
• Cash flow
• Affordability
• Location and Size

• Understanding the 1% rule in Real Estate
• How to break even in the property
• What should you be looking for in the property?
• Understanding the market and dynamics you are in
• Different types of properties:

• Class A- brand new
• Class B- used
• Class C- older properties

• Why is it important to buy Class A properties?
• Quick discussion on Property Management companies and its process
• What real property investors really do

RESOURCES FROM THIS EPISODE

• If you need help with anything in real estate, please email: [email protected]

CONNECT WITH US

• Reach Ron: RP Capital
• Leave podcast reviews and topic suggestions: iTunes
• Subscribe and get additional info: Get Real Estate Success

EPISODE SUMMARY

As a real estate business owner, it is important to know your numbers well. So, if you want to understand the property you are buying, look at its proforma. In this episode we'll discuss the different types of expenses and how to analyze different types of proforma properly.

WHAT YOU'LL LEARN FROM THIS EPISODE

• If you're going to buy a property, do you need an entity?
• How each entity works with loans
• Tip: Purchase under your personal name- It gets you better terms!
• How to calculate Cash on Cash Return
• What is a CAP Rate?
• What to look for in a Proforma
• 2 Types of Pro Forma
• The types of Expenses
• What are Fixed Expenses
• What are Variable Expenses
• What is a capital expenditures
• How properties birth other properties
• Benefits of owning rental properties
• How to refinance your properties instead of a 1031?
• How to know when it's time to move your money?
• How to compute return of equity?
• What is a 1031 exchange?

RESOURCES FROM THIS EPISODE

• If you need help with anything in real estate, please email: [email protected]

CONNECT WITH US

• Reach Ron: RP Capital
• Leave podcast reviews and topic suggestions: iTunes
• Subscribe and get additional info: Get Real Estate Success

EPISODE SUMMARY

Real Estate has become a popular investment vehicle over the years. It gives us power to build wealth and leverage all the benefits that come with it. In this episode, we discuss all the basic things you need to learn about real estate and its benefits, including the 4 returns of real estate.

WHAT YOU'LL LEARN FROM THIS EPISODE

• What does it mean to invest?
• Leverage, leverage leverage!
• Difference between Real Estate and other investment vehicles
• You need to have the personal ability to make the change
• How investing in stocks works?
• High producing dividends and high growth in stocks doesn't go together
• You can't compare stocks and Real Estate: They are not in the same playing field
• The 4 returns of Real Estate

1. Cash on Cash Returns
2. Principal Reduction
3. Tax Deductions
4. Appreciation

• How to calculate your returns?
• Kinds of properties and their pros and cons:

1. Single Family
2. Multifamily

RESOURCES FROM THIS EPISODE

• If you need help with anything in real estate, please email: [email protected]

CONNECT WITH US

• Reach Ron: RP Capital
• Leave podcast reviews and topic suggestions: iTunes
• Subscribe and get additional info: Get Real Estate Success

EPISODE SUMMARY

Try to visualize your perfect life. Do you know the first step to take to achieve your life vision? In this episode, we will discover the real power of understanding your vision and how to use real estate in achieving your goals and how to take advantage of its benefits.

Since we're getting a lot of questions about what we do and how it works. We decided to create a series that will help you grow your net worth and financial knowledge. This episode is the introduction to the series that we are going to publish in the next couple of weeks. We will give you the knowledge and tools you can use to achieve your financial freedom!

WHAT YOU'LL LEARN FROM THIS EPISODE

• How to implement your vision
• Everything should start with having Clear understanding of your vision
• Can we create time?
• Focus on what you want to happen
• Ask powerful question
• What is a compound curve?
• What's the difference between 30 days with no tax vs 30 days with 35% tax?
• How to use the tax laws and leverage it to create wealth?
• "Real estate gives time"
• Your most valuable asset : TIME
• How to leverage your time?
• How NOT to trade hours for dollars
• What are the ways you can leverage time?
• What is the rule of 72?
• Check your personal financial statements
• It's impossible to create a vision without knowing where to start
• Get past of your fear
• Applied knowledge crushes fears
• Plan out your vision

HOMEWORK

To download the excel version of the Financial Statement, please click here!

RESOURCES FROM THIS EPISODE

• The Compound Effect by Darren Hardy
• If you need help with anything in real estate, please email: [email protected]

CONNECT WITH US

• Reach Ron: RP Capital
• Leave podcast reviews and topic suggestions: iTunes
• Subscribe and get additional info: Get Real Estate Success

EPISODE SUMMARY

The most common motivation for real estate investors is the freedom to choose when and where to work and just enjoy life while having a huge stream of passive income. So, if you are working very hard and being enslaved by your own business, you need a system!

Listen in and learn how to create bulletproof systems and processes so you can free yourself from a low impact busywork and take that beautiful vacation you've been dreaming of!

WHAT YOU'LL LEARN FROM THIS EPISODE

• Having a good team allows you to get on board on your vision
• How NOT to be selfish as a business owner
• How to build a framework for your team
• Putting people, system and processes in place is critically important
• How Heather planned her logistics so he can travel for 2 months while working
• Why is it important to get your vision process
• If you're not getting the answers that you want, then you're not asking the right questions
• The right mindset is important to achieve your vision
• You can do some creative things to make money and use it to live parts of your vision
• Focus on the right thing!

RESOURCES FROM THIS EPISODE

If you need help with anything in real estate, please email: [email protected]

CONNECT WITH US

• Reach Ron: RP Capital
• Leave podcast reviews and topic suggestions: iTunes
• Subscribe and get additional info: Get Real Estate Success

EPISODE SUMMARY

If you are stuck and want to break out from working hard and controlling every decision in your real estate business. A proper blueprint or recipe will assist you in designing your best business strategy.

In today's episode, Jason Roberts and Rachel Schneider from REI Blueprint, will guide you and give you the kick you need to start taking massive actions that will eventually make a better life for you and your family!

WHAT YOU'LL LEARN FROM THIS EPISODE

• How does the REI blueprint work?
• What you'll learn from your failures?
• How to protect yourself from a downturn?
• 4 Things You'll Learn From A Downturn

1. 1. You've gotta have a recipe or blueprint
   2. Take massive action
   3. Have mentors and coach
   4. Vision

• Recognize who you are and what your style and your difference and use it as your strength
• Figure out your superpower
• What changed Jason's way of business?
• Do you think the recipe for business success is the same?
• Why people get caught up in the mechanics of real estate.
• Understanding on how to run the real estate business will make you successful
• How do you take massive action without selling your soul to your business?
• Work on your wheelhouse and your true strength
• The things you're good at are the things you enjoy doing
• What is Massive action on a collective scale?
• How to work smart?
• Put the right people in the right places
• You have to Empower people to grow
• Time is our most valuable resource
• What is the curve of the compound effect?
• Get comfortable being uncomfortable

RESOURCES FROM THIS EPISODE

• Facebook: REI Blueprint Facebook Group
• Website: www.reiblueprint.com

If you need help with anything in real estate, please email: [email protected]

GUEST BIO

Jason Roberts and Rachel Schneider have always been fascinated by the world of real estate. In 2001,while still in their early 20's, Jason and Rachel decided that instead of working for someone else, they would rather be in charge of their own destiny and opened a mortgage company. They eventually built that business into a multi-million dollar company,where they closed over 3000 real estate transactions.Then the market crashed and they had to find a new way to use their real estate talents. That is when they went into real estate investing and started down a new path. Implementing the real estate strategies they have honed over time they have since closed well north of 300+ real estate transactions(pre-foreclosures/short sales, wholesales, probates, etc.)Having seen pretty much everything, they decided tofunnel that expertise into their true passion;sharing their knowledge with other investors. They now run a top coaching program with the nation's leading investors, owna profitable hard money lending company, with over 2 million dollars in loans out to their coaching students at any given time, share their wealth of knowledge as co-owners of their localREIA all the while continuing to flip houses.

CONNECT WITH US

• Reach Ron: RP Capital
• Leave podcast reviews and topic suggestions: iTunes
• Subscribe and get additional info: Get Real Estate Success

EPISODE SUMMARY

The best way of building your real estate company is providing the best customer service. Genuine care and customer loyalty is key to customer satisfaction. Always exceeding expectations, assisting and helping their clients needs in any way is RP Capital's mantra on their day to day operations.

Listen in and hear the success story of Joel and Michelle Ostrom and how RP Capital helped them from their very first property to the purchase of their out of state rental properties!

WHAT YOU'LL LEARN FROM THIS EPISODE

• What is the Scarcity Mindset?
• The best way to pull equity from your home
• Evaluate the real estate company you're investing in
• Do your due diligence and follow the process
• Invest in educating your clients
• Why integrity, standing behind what you say and company's core value is important
• How to have a comprehensive approach in your company
• How to leverage your relationship or network to help your clients
• The benefits of listening to a podcast
• There's a lot of great platform to learn about real estate, if you're willing to educate yourself

RESOURCES FROM THIS EPISODE

If you need help with anything in real estate, please email: [email protected]

CONNECT WITH US

• Reach Ron: RP Capital
• Leave podcast reviews and topic suggestions: iTunes
• Subscribe and get additional info: Get Real Estate Success

EPISODE SUMMARY

If you ask any successful real estate businessman how they made it, they would probably answer "Focus on your clients' needs". Creating opportunities and leveraging your resources to serve your clients are essential to to propel your business to the next level. You need to build a base of people that are like-minded to help them more quickly.

When you have achieved this, your client will turn into an advocate and will bring more business to you without you asking them to do it.

WHAT YOU'LL LEARN FROM THIS EPISODE

• Leverage who you are, your business, your network and everything that you have for your clients
• How can you use leverage to benefit your clients?
• How to have a client focused business?
• How to leverage your network

RESOURCES FROM THIS EPISODE

If you need help with anything in real estate, please email: [email protected]

CONNECT WITH US

• Reach Ron: RP Capital
• Leave podcast reviews and topic suggestions: iTunes
• Subscribe and get additional info: Get Real Estate Success

EPISODE SUMMARY

The concept of networking and a mastermind group isn't new. As a matter of fact, it is essential to building wealth and taking your business to the next level. To be a successful real estate professional you need to surround yourself with people who have the same mindset and leverage their valuable time and expertise to grow your real estate business. It can help you increase your network and have the opportunity to help other like-minded people. So, get out there! Meet new people and learn the power of networking!

WHAT YOU'LL LEARN FROM THIS EPISODE

• How can you create and grow your network and your mastermind?
• What's the difference between networking and mastermind?
• Grow your network by being part of theirs
• What mastermind can do to you and your business?
• How do you get out and expand your own network?
• Speak out and tell people what you're doing
• What is Meetup.com?
• Get involved in the organization in your field
• What is referral?
• How to create your own mastermind?

RESOURCES FROM THIS EPISODE

If you need help with anything in real estate, please email: [email protected]

CONNECT WITH US

• Reach Ron: RP Capital
• Leave podcast reviews and topic suggestions: iTunes
• Subscribe and get additional info: Get Real Estate Success