Insider secrets - Home of the Passive Real Estate investor

Timeline [01:55] Introduction to today's guest, Daniel Blue, [03:06] One word that describes Daniel personally and professionally. [04:18] Where Daniel came from and what his childhood was like. [07:14] A defining moment in Daniel's life. [09:51] Facing adversity and how it impacts you. [13:00] What Quest Education is and what they're doing now. [15:48] Self-directed IRA's vs. Solo 401k's. [19:03] Using your retirement account money to invest. [21:57] Active investing makes Daniel cuss. [26:37] How Quest Education can help you with your money. [28:21] Daniel's 'Insider Secret.' [30:18] Advice to new investors. [31:23] Bonus question round. [32:59] How to best contact Daniel. [34:38] Closing remarks. Contact www.danielblue.me https://yourquest.com

Timeline

[00:27] Introduction to guest Charlotte Dunford. [01:01] Charlotte's professional background. [01:45] One word that describes Charlotte personally and professionally. [02:36] When Charlotte moved to the U.S. and why. [05:00] How Charlotte got involved in real estate. [07:00] What to look at when buying a mobile home park. [09:29] The effects of COVID on the business. [13:28] Math versus emotion in investing. [15:36] Getting good deals through negotiations. [18:53] Advice on finding investment opportunities. [20:56] Working with a different demographic. [22:47] Making high stake decisions. [23:46] Bonus questions from Mike. [26:25] How to get ahold of Charlotte. [26:53] Closing remarks.

Timeline [01:36] Introduction to the guest, Mark Dolfini. [02:09] One word that describes Mark. [03:43] Beginning of Mark's career. [05:45] Working in your business vs. on your business. [07:03] How much is your time worth? [08:24] Fear of success is actually fear of loss. [09:24] Mark's time in the hospital. [11:23] Mark starts to take back control over his life. [13:18] College education in finance vs. learning on your own. [16:27] The defining moment in Mark's life. [19:15] A discussion of Mike & Mark's faiths. [21:48] Mark talks about his books, The Time Wealthy Investor and The Judge. [25:21] Mark talks about landlording and decision making in your business. [27:10] Making highstake decisions. [28:24] Bonus question round. [30:23] How to get ahold of Mark. [30:49] Closing remarks.

Timeline [02:26] One word that describes Joe. [04:55] What the Paralympics are. [05:42] The day of Joe's accident. [08:52] What helped Joe during/after becoming paralyzed. [11:54] How fast life can change in an instant. [15:14] Joe's opinion on being "self-made." [16:59] Joe's mindset at 19 vs. now. [20:06] Being in an inter-abled marriage. [21:49] Accountability and being held accountable. [22:41] What the Delagrave family will be up to in the near future. [23:55] Bonus question round. [25:15] Where to find Joe online. [25:48] Closing remarks.

[00:13] Introducing today's guest, 'Denis Shapiro'. [02:39] A brief bio on Denis. [03:54] One word that describes Denis. [05:06] Denis dives into his finance career. [09:01] Denis' favorite asset class. [11:39] Where the market is headed. [07:11] Start of current private equity fund venture. [09:02] Defining moment in career change. [12:55] Housing shortage in the USA. [15:01] Utilizing vacant office spaces. [17:30] Denis on being cautious & strategic while taking action. [19:37] Raising private capital for investments. [21:00] Passive vs. active investing. [22:37] Tech that helps with networking. [23:19] Denis talks about his new book. [27:52] Denis'' biggest piece of advice. [29:51] Bonus questions-favorite book, food, & tourist attraction. [32:16] Closing remarks.

[00:17] Introducing today's guest, 'Esther Reizes-Lowenbein'. [02:34] A brief bio on Esther. [03:47] One word that describes Esther. [04:19] Esther's personal and professional life. [06:28] Defining moment for Esther. [05:26] Start of career in real estate. [07:11] Start of current private equity fund venture. [09:02] Defining moment in career change. [13:33] Working in real estate in New York. [15:27] There's always a story behind a deal. [16:47] Esther's approach to investing. [19:01] Esther's one message she'd share with people. [20:40] Esther's biggest asset for work. [23:12] Esther's piece of advice for new people in real estate. [24:12] Bonus questions. [26:30] Where to find Esther and end remarks.

Standout Quotes:

"There have been some instances like that where I've had to kind of placate everyone" - [Beth]

"I do feel that in the next six months or so, agency lending is going to be a little freer" - [Beth]

"You have to really have professionals that understand underwriting and then be able to negotiate with the lenders" - [Beth]

"Don't go to the internet to find your first deal. Get in the car, drive around, figure out what property you like, property type and locations" – [Beth]

"Really do your due diligence and don't move too quickly just because you're excited that you're going to buy your first deal" – [Beth]

Key Takeaways:

• Bryce describes himself in one word "Grit".
• I grew up in Portland, Oregon.
• I graduated from the University of Washington, I stayed in Seattle and I worked for a local developer there.
• After that I decided that now was the time to move to New York.
• In the world of commercial real estate tech, there's LoopNet, there's Crexi, there's other big sites out there for buying and selling real estate.
• So we have done, I think 200 deals. We've arranged 200 financings, which is really great in basically three years.
• I'm supposed to have a closing in two weeks that is 70 million. So we're definitely moving into the larger realm.
• I'm quoting currently a guy who wants to buy a 200 unit in Texas and he wants a bridge to agency.
• My job as a broker is to make sure everyone's doing what they're supposed to be doing.

Episode Timeline:

[01:47] I'm joined today by Beth Mercante.

[03:16] Beth describes herself with one word "Competitive".

[04:18] Beth shares her backstory.

[06:34] I went in and interviewed with Peat Marwick and they gave me the job in real estate consulting.

[12:19] So tell us about StackSource and what StackSource is and who they are and how they came to be?

[14:23] My pipeline, I would say average is around the 20 to $50 million range.

[15:57] Insider Secrets, we focus mostly on the multifamily sector. So how does that work?

[18:17] So are all of your lender sources are you doing agency debt or is it traditional funding?

[19:53] A lot of bridge lenders will lend you 80% of your purchase price, then they'll also fund a hundred percent of your cap ex meaning your capital improvement costs.

[27:52] What about institutional financing? Do you guys get involved in that at all with any insurance companies or funds?

[33:36] Any pitfalls you see out there today that people should watch for?

[36:52] First question is your favorite tourist attraction?

How to Contact Beth

Website: [email protected]

Call: (646) 341-2030

Standout Quotes:

"I look at business from a perspective of just doing income producing activities" - [Bryce]

"I think that change is inevitable. Growth is a choice" - [Bryce]

"We don't go to opportunities, we grow to opportunities" - [Bryce]

"You have to be willing to choose to learn from past mistakes. Look forward through the bigger site of vision and grow" – [Bryce]

"I don't really believe that there's a mindset that you have to have as much as you have to have a willingness to have a mind shift." – [Bryce]

"I believe there's some things that you just can't teach people. Sometimes they have to learn by trial and error and heartache" – [Bryce]

"Choose to have that reflection indicator to grow, and you'll go so much further" – [Bryce]

Key Takeaways:

• Bryce describes himself in one word "Grit".
• I've been in gangs. I was raised in a cult. I've had a wife commit suicide, a son killed by homicide, and I've attempted to take my own life.
• At the age of 22, I was recruited out of my car dealership to travel the world with Ford motor company, as one of the top salesman in the world for about 10 years in the automotive industry.
• I've had contracts with the Pentagon doing hostage negotiation. I've had contracts with solar companies, window companies, roofing companies, real estate companies.
• After my wife passed away, I lost my marbles for about 18 months. I snorted and drank $80 million in five companies in a matter of two years or less.
• I found out that I had a baby on the way in March of 2010. And that would be the start of the transformation in my life.
• I ended up sobering up and I ended up moving to Texas for a contract I had with ADT Tyco Corporation.
• I figured I've got a master of a process that works in any business. Real estate is just a widget. I put the two together and in my first month I contracted 23 houses. But I only closed nine of them.
• One thing that I find Mike that people in real estate make as a mistake all the time is that they feel like they need to get the system.
• You're going to change over the years, whether you choose to be bitter or you choose to be happy.
• I'm working on this mastermind for pastors. I've got feelers and emails and conversations started with some of the greatest pastors all over the world.
• By the end of the year, we plan to be in 15 markets and be the go-to when it comes to real estate coaching and mentoring in and around the wholesaling spaces.

Episode Timeline:

[00:59] I'm joined by Bryce McKinley.

[04:21] Bryce describes himself with one word, Grit.

[07:42] Bryce shares his backstory.

[08:19] I snorted and drank $80 million in five companies in a matter of two years or less.

[12:09] How do you go from the story of riches?

[18:37] Tell everybody how many deals you do monthly?

[19:34] Bryce talks about the number of transactions he makes per month.

[21:05] After snorting $80,000 worth of dope and your wife passing away there had to be a shift in your mind that caused something different to happen. Talk about that.

[24:29] Bryce talks about growth and the impact it has on your career.

[26:30] Bryce, what are you working on these days?

[35:12] Let's talk multi-family, I think you're going to be doing some multi-family stuff here. Aren't you Bryce?

[37:22] Where's the market going and how are you going to respond to it?

[38:47] Best book ever read "Run Baby Run" by Nikki Cruz.

Website: www.reiresultsacademy.com