Get Real Podcast

EPISODE SUMMARY

Those who are wondering how to build wealth in real estate should consider using the BRRRR Method. This is one of the best investing strategies for beginners or starters in real estate since the price of the property will usually be below market value. Real estate investors have been using this strategy for years and has proven to be a good way to build financial independence, but this method is not for everyone!

In this episode, we will deep dive into the meaning of BRRRR strategy and learn how to invest using this method!

WHAT YOU'LL LEARN FROM THIS EPISODE

• What is the BRRRR Strategy?
• What are the different phases of BRRRR Strategy?
• What does good management do to your company?
• How to manage rental properties properly?
• How to do the due diligence on rental properties?
• Should you manage your own properties?
• How to manage the property?
• Is it important to keep records of your renovation process?
• Do you need to network when doing the BRRRR method?
• Why you need to implement referrals in your business?

RESOURCES FROM THIS EPISODE

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

GUEST BIO

Mike Pulley has been in real estate for as long as he can remember. Having seen his father's success partnering with real estate investors for both residential and commercial property he discovered a desire to pursue a similar path.

Over the years Mike has built a solid foundation of clients through his development services. Mike has closed residential lease and sales transactions valued over $45 million. His specific areas of expertise include historical tax credits, market knowledge, renovation planning, transaction management and financial structuring.

Mike specializes in applying his expertise in the real estate industry by aiding in property evaluations, maintaining investor relationships and communication with property management.

Family is the driving force behind all of his endeavors. Mike has been married to his wife Tracy for 14 years; his greatest accomplishment in life is the family they have created. He dedicates his free time to his wife and his two daughters. He can often be found playing hockey, riding bikes or even sharing some real estate know how. He is currently mentoring his 12 year old daughter as she purchased her first rental properties..

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

20 years ago, Ron Phillips, started real estate investing because he was "fired" from his job. When he came back from the military his recruiter taught him about the real estate industry and finally bought his first fourplex and rented out the 3 doors. RPC Invest started because there was a need for rental properties in their market place and sold hundreds and hundreds of houses in 2012.

So from being broke, no job with a family, how did Ron Phillips get hundreds of deals per year, not owning any of them, have no skin in the game and still make a lot of money? Listen in to discover their journey to financial goals and how to utilize your team to take care of your clients needs.

WHAT YOU'LL LEARN FROM THIS EPISODE

• What does RPC Invest do?
• How does the RPC Invest Software help you as an investor?
• Listen to your clients and their concern
• Watch for repeat business
• Listen to the majority of your people
• Watch your business and stay current with your industry

RESOURCES FROM THIS EPISODE

If you want a wealth plan, 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

Being vulnerable is often perceived as a sign of weakness. We are afraid to be judged or disliked. But if we have the courage to be vulnerable, everything will change.

Inviting vulnerability in our company promotes authenticity and connection. An open-work environment shifts everyone's thinking from fear to being open. It also creates a space to let other people suggestions and ideas into their head. Sharing everyone's shortcomings and problems, can get powerful advice from other people and will therefore lead to a more efficient and productive organization.

In this episode, you will learn how vulnerability can help you become a better leader. You'll also learn why it is important to join a mastermind group to propel your business into the next level!

WHAT YOU'LL LEARN FROM THIS EPISODE

• What does it mean being vulnerable as a businessman?
• Sharing the honest truth about what really going about your business/life can make a powerful impact
• Take your weakness and turn it into strength
• Vulnerability allows people to see who we really are
• Admitting we have a weakness and sharing it to the RIGHT group, is a sign of strength.
• Being humble is not being weak
• You can't compare yourself at your worst to someone else at their best lied version of their self
• Create a beautiful culture in your company where everyone is welcome to give suggestions and opinions.
• Accept constructive, honest and direct feedback with grace and integrate it into your life
• Be real and authentic
• What is a mastermind?
• What are the things you'll learn from a mastermind group?

RESOURCES FROM THIS EPISODE

If you need a wealth plan, 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

Organizational structure and systems affect the overall performance of a firm and the people within the firm. It allocates authority, roles and responsibilities. It is crucial for any growing company. Before anything else, you need to define your company's core values and must be implemented across the entire organization.

Listen in to discover how Dr. Lindsay Perez can help you build a positive company culture, understand and apply the proper business process, and bring solutions to your business internal challenges.

WHAT YOU'LL LEARN FROM THIS EPISODE

• How to divide roles in different departments
• How to fix processes and systems in your business
• Live your value
• How to solve the internal challenges inside your organization
• Get constructive feedback from your clients
• Where do you want to be in the future? What outcome are you expecting in the future?
• High turn-over lowers productivity
• What is a Culture Change Initiative?
• How to establish your company's core value?
• What is Behavioral Assessment?

RESOURCES FROM THIS EPISODE

Website: Perez I/O Consulting, LLC

GUEST BIO

Dr. Lindsay Perez is an Industrial/Organizational Psychologist who is dedicated to helping her clients reach their fullest potential across all organizational levels. Her experience includes leadership and team development and coaching, driving organizational culture change initiatives, training and curriculum development, project planning and implementation, voice of the customer evaluations, and constructing employee selection and training procedures. With a background in research, Dr. Perez uses data and analysis to examine work environments and organizational structures in order to assess and improve organizational functioning and services.

Since 2015, Dr. Perez has applied Predictive Index across many organizational levels including hiring and selection, employee development, team building, succession planning, and conflict management. She has provided individualized employee coaching in an effort to assist employees with their professional development and increase opportunities for growth. She has helped employees identify their behavioral strengths and coached them on how to adjust when there were areas of needed improvement. Additionally, Dr. Perez is skilled in facilitating difficult team conversations when communication breakdowns occur, using communication profiles to help staff understand how to best work with one another.

Dr. Perez is a PI Certified Talent Optimization Consultant and is recognized as an Industrial/Organizational Psychologist by the Society of Industrial/Organizational Psychology.

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

Jack Bosch is famously known as the "Land Guy" in the real estate industry. Born and raised in Germany, he got an opportunity for an exchange program where he studied for a Masters Degree in the United States. Before becoming a successful businessman, he worked for a software company as a Business Analyst working 70-80 hours per week. He and his wife realized that this is not the trajectory for their life and can't get financially dependent on it. So they decided to take action! They started doing a side hustle, real estate investing, until it became their main source of steady income and built massive wealth.

Land Flipping is one of the proven ways to make money in Real Estate! Tune in to discover how to flip land for less time, money and effort and make some serious profit!

WHAT YOU'LL LEARN FROM THIS EPISODE

• How to do deals without any mortgage, appraisers or estimate repairs
• Can you make the same money with a land flip without all the process that you do with a house flip?
• How to do seller financing in Land Investing?
• What is "forever cash" or "lifetime cashflow"?
• How to create a model and automate your business
• What's the biggest stumbling block when starting your business?
• What is the 5 Step System?
• How to find the best mentor or coach for you?
• Is Land flipping good for you?

RESOURCES FROM THIS EPISODE

• Website: Land Profit Fun
• Facebook Group: Land Profit Generator Real Estate Investor Group
• For Syndications: orbitinvestments.com

GUEST'S BIO

Jack Bosch, "The Land Guy" - real estate guru and co-founder of Orbit Investments. Starting with nothing but two suitcases and a mountain of student debt, Jack immigrated to the US from Germany in 1997. Seeking out his own version of the American Dream, Jack bought and sold over 4000 pieces of property and was able to help build his company Orbit Investments into the 3rd largest land investment and auction company in the US! Jack co-owns his company with his wife Michelle and together they believe that everything you do in life is a matter of the heart, even money. In 2008 after seeing the devastation in the housing market, Jack and Michelle set out on a mission to share the wealth of knowledge and transform the lives of others by sharing the land investment techniques and strategies that have made them a success. Their "land flipping" strategy has given thousands of people the opportunity to get into the real estate game without the challenges and roadblocks of traditional real estate investing.

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

Living a meaningful life, doing whatever we love and leaving something behind specially for our loved ones are our main goals in life. Everything in this world is temporary; we are all going to die. It's true and this is a natural human thing.

Unfortunately, this topic can seem intimidating and for some, it's simply too morbid to think about. Whatever the case, we need to do estate planning to protect our assets and the ones we love.

Listen in and follow these guides on how and why we should protect our family and assets to make sure our legacy lives on with the ones we love!

WHAT YOU'LL LEARN FROM THIS EPISODE

• Know what kind of impact were having on people around us
• The story of Ron's first seminar/event and what he learned from it
• Make sure you have the type of impact and legacy you want
• Treat people right and they will continue to do business with you
• Educate the next generation about all your real estate portfolio
• How to set up a mechanism on how to properly manage your financial legacy
• Is your financial house in order?

RESOURCES FROM THIS EPISODE

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

EPISODE SUMMARY

Planning to retire in the next 20 years? or NOT planning to retire at all?

When it comes to living the type of lifestyle you want, Real estate is a great tool to give you flexibility in your retirement plans: having a choice on your retirement dreams and to be ready for all of the future possibilities.

In this episode, Ron and Heather, discussed how to handle your retirement plans, income goals and tolerate risk to keep your future financial security.

WHAT YOU'LL LEARN FROM THIS EPISODE

• How to invest your money in real estate
• How to compute the return on equity
• How can you generate and grow more assets?
• How to NOT retire but have flexibility to earn
• What is Cost Segregation?
• Figure out what tax advantage strategies in real estate you can take advantage
• How to diversify your portfolio
• The difference between the Real Estate Market and the Stock Market
• The "save, save, save" mentally
• If you retire, can you still apply for a loan to purchase properties?

RESOURCES FROM THIS EPISODE

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

Don't wait until you're facing a lawsuit and it's too late to protect all of your assets. Set up an LLC today, and separate your business properties from your personal property. Jim Burch from Easy Legal Planning answers all of your LLC questions and dispels common misconceptions that could land you in legal hot water.

In this business, real estate investors notoriously don't like Realtors, and Realtors don't like real estate investors. Chris Craddock, on the other hand, has bridged the gap between the two and found a way for everybody to make money. At around 200 deals a year, he makes the real estate pivot look good.

I have an agenda, and I'm not shy about it. Real estate is pretty darn good as an investment tool. For that matter, so is oil and gas, and even stocks; but you have to understand how these all play together in your portfolio. Because we love real estate, Heather and I share the many, many advantages of including this in your retirement portfolio.