Tim Cook is a dedicated real estate professional, mentor, and entrepreneur with extensive training and experience in buying houses fast in difficult situations and helping hundreds of families with their housing needs all across the north Texas, Dallas, Fort Worth, Weatherford and surrounding areas and is an expert in creative problem solving for home owners needing an out-of-the-box solution and teaching other investors to do the same.A retired Marine, his knowledge and experience in project management combined with his high work ethic, integrity, education and experience in property analysis and creative problem resolution allow him to effectively analyze a property and create "Win-Win" solutions for both home sellers and home buyers.

Tim Cook – [email protected]

817 599 8058

All Wholesale Properties - www.allwholesaleproperties.com

Show Notes:

00:00 – 04:18 Introduction

04:18 – 05:27 How Tim started

05:27 – 07:40 Subject to deals

07:40 – 11:13 Tim’s strategy for subject to deals

11:13 – 14:02 Sellers main objections

14:02 – 19:39 Analyzing property to make sure it is worth taking over

19:39 – 20:21 Loans to take over

20:21 – 26:11 Due-on-sale clauses

26:11 – 27:15 Collaborating and learning from Tim

27:15 – 31:37 Exit strategy

31:37 – 37:22 Documentation matters

37:22 – 41:09 Affiliate marketing

41:09 – 49:00 Realflow

49:00 – 55:52 Buyers list

55:52 – 59:02 Meetups

59:02 – 62:00 Contact information

Mike Hambright teaches people to achieve financial freedom and lifestyle freedom by investing in real estate. He is professional Real Estate investor, mentor and coach that has bought and sold hundreds of houses, and mentored others that have bought thousands of properties. While he loves rehabbing houses, watching the transformation and working through challenges, what he loves most is flexibility and freedom that investing provides to his family. I had a great time talking to Mike and I am sure that you will enjoy the show as well.

Mike Flipnerd – www.flipnerd.com

Investor Machine – www.theinvestormachine.com

Investor Fuel – www.investorfuel.com

Passive Rentals – www.passiverental.com

Show Notes:

00:00 – 06:31 Introduction

06:31 – 08:22 Is there certain type of properties to hold for rental?

08:22 – 09:52 Difference between B and C class properties

09:52 – 12:03 What makes good rental property?

12:03 – 13:54 Paying off rental properties

13:54 – 15:16 Transition from flipping to rentals

15:16 – 16:04 Depreciation

16:04 – 18:26 Accumulating wealth

18:26 – 22:55 Strategy for investing in rentals

22:55 – 24:17 Finding deals

24:17 – 29:45 FlipNerd

29:45 – 33:34 Coaching programs and Mastermind group

33:34 – 36:54 Turn-key

36:54 – 39:24 Mike’s advice for listeners

Clayton Morris is a well known individual. He’s got a long career on radio and news, worked on Fox news for over 10 years. However, behind the scene he’s been building massive turn-key operation, one of the biggest in the county. Selling turn-key, cash flowing assets to real estate investors, helping them get financial freedom and retirement goals. In order to do that, he had to rehab thousands of houses. Also, on top of that he’s been building a social media empire. His youtube channel is “Morris Invest“. If you like podcasts go and check out his show „Investing in Real Estate with Clayton Morris“. Clayton is definitely a great source of valuable information and motivation. He shared a ton of useful tips and tricks, I am sure that you will enjoy this episode!

Clayton Morris – www.morrisinvest.com

Show Notes:

00:00 – 03:00 Introduction

03:00 – 06:06 Overcoming limited beliefs about starting and growing new business behind the scenes of your current job

06:06 – 09:55 How Clayton got into real estate?

09:55 – 18:00 How  Clayton built his real estate business?

• Building systems and hiring property
• Virtual assistance

18:00 – 20:34 Hiring contractors

20:34 – 22:49 Price points and rehabbing process

22:49 – 26:18 In which markets you can find Clayton’s properties?

26:18 – 29:11 Metrics that make a good rental property

29:11 – 33:05 How to buy properties from Clayton?

33:05 – 36:00 Finding deals

36:00 – 38:58 Drop of value and cash flow

38:58 – 43:48 Podcast, Youtube and social media

43:48 – 46:08 Building studio

46:08 – 48:30 Working with your spouse

48:30 – 52:04 Contact information

Jason McDougall is a real estate agent that works in the Tarrant and Dallas county markets. Prior his real estate career, Jason was enlisted in the Air Force for 6 years and spent the next 10 years in industrial equipment sales and corporate level management positions. During his time in the corporate world, Jason caught the bug for real estate and pursued his dream of becoming a full-time real estate agent and investor. Today, Jason runs a successful house-flipping business with his wife, Miranda. Jason is a Certified Probate Real Estate Specialist and believes in constantly educating himself on various topics in the real estate industry to better serve his clients and community.

Jason McDougall – 682 207 8025

www.wholesalehousesdfw.com

www.nexterahomebuyers.com

Show Notes:

00:00 – 04:43 Introduction

04:43 – 07:15 Direct mail campaign

07:12 – 09:18 The first flip experience

09:18 – 11:45 Cash flow

• 15 or 30 years loan

11:45 – 12:30 What Jason did before he got into real estate

12:30 – 14:55 Jason’s typical work week

14:55 – 16:20 Skip tracing

16:20 – 17:33 Real estate agent license

17:33 – 20:14 Approaching a seller

20:14 – 22:50 Selling houses which are on a contract

22:50 – 26:03 Analyzing deals

26:03 – 29:00 Marketing and market around DFW

29:00 – 31:15 Owner financing in small areas

31:15 – 38:26 MLS deals

38:26 – 40:15 Buyers list

40:15 – 41:42 Contact information         

Welcome back to the podcast, we have another great guest today. He is a young entrepreneur from Dallas Fort Worth, Texas. He started as an agent then decided to change his path and became an investor. He already transitioned from wholesaling to flipping houses. He is also making a big name for himself using social media. Let me introduce you to my guest today, he is Brandon Richards.

Brandon Richards – [email protected]

www.facebook.com/WGacquisitions

www.brandonsellsdallas.com

Show Notes:

00:00 – 03:02 Introduction

03:02 – 05:05 Brandon’s first wholesale deals

05:05 – 07:37 Deal that changed the game for Brandon

07:37 - 08:32 Typical wholesale deals in Dallas

08:32 – 10:30 Direct mail strategy

10:30 – 21:58 Transition from wholesaling to hard money deals

• Challenges with workers
• Experience with inspectors

21:58 – 23:56 Strategy for finding deals

23:56 – 25:36 Facebook marketing strategy

25:36 – 29:42 Deal that showed to Brandon that he needs GC for rehabs

29:42 – 33:22 Brandon’s strategy for future

• Virtual assistance

33:22 – 39:10 Private money and credit lines

39:10 – 41:03 Contact information   

Too young to start real estate career? Wait till you meet my today’s guest. Trey Brooks is a twenty years old real estate investor from Jackson, Mississippi. He’s made hundreds and thousands of dollars, already done over 40 deals. Trey started as a wholesaler, he’s now doing owner financing. On this episode, we talk about his story and obstacles that young entrepreneur can face. We also cover everything you need to know about virtual assistance and ways to work and collaborate with people from far away countries. I am sure that this episode will be a source of inspiration for you! Enjoy the show!

Trey Brooks – 817 205 2875  

[email protected]

www.facebook.com/trey.brooks.3139?ref=br_rs

Show Notes:

00:00 – 03:12 Introduction

03:12 – 05:56 Breaking fear barrier

05:56 – 07:15 Ways to finding deals

• Referral marketing

07:15 – 09:10 TLO

• Contacting sellers

09:10 – 11:25 How does Trey finance his deals

11:40 – 13:44 From wholesaling to owner financing

13:44 – 14:48 Building wealth

14:48 – 23:40 Virtual assistance

• Podio

23:40 – 25:30 Trey’s Youtube channel

25:30 – 27:55 Mindset of a young entrepreneur

27:55 – 30:00 Contact information

Today on the show we have young and very successful entrepreneur! Ross Alex is a 27 year old Real Estate Entrepreneur based out of Houston, TX. He has successfully created two 6 figure businesses in just 2 years. We speak about direct marketing, the importance of social media, ways to find inspiration and motivation and lot more. He also shared with us what is happening in Houston market at the moment.   

Ross Alex – www.facebook.com/RossAlexFlips

Flipping on Fire – www.fliponfire.com/academy

Show Notes:

00:00 – 08:27 Introduction

• Go give it your all and if it all fails, go back to what you had before.

08:27 – 9:47 How to find deals?

• Direct mail
• Printed marketing
• Driving for dollars
• Brokers

9:47 – 11:38 How to build a cash flow? Subject to deals.

11:38 – 19:10 Direct mail

• You got to stay consistent
• Targeted lists
• Design matters

19:10 – 21:06 Flipping on Fire

21:06 – 27:58 Social media

27:58 – 31:40 People to follow. Books to read.

• Grant Cardone
• Gary Vaynerchuk
• MJ DeMarco
• Tai Lopez
• Patrick Bet-David
• Elon Musk
• “Rich Dad Poor Dad” by Robert Kiyosaki
• “Think and Grow Rich” by Napoleon Hill
• “The Richest Man In Babylon” by George Samuel Clason

31:40 – 32:28 Contact information

32:28 – 43:01 Market in Houston

Welcome back to the show today! I am excited because we have royalty on the show! Dawn Rickabaugh is the owner of Note Queen Capital Funding. She buys seller-financed notes across the country, and helps others get started investing in notes. We talk about buying, selling and creating notes. She is an expert in a note space, also in marketing and branding. Dawn is a writer, educator, coach and author of “Seller Financing on Steroids: Pumping Paper for Power, Peace and Profits.”She is the creator of Citizens of the Realm, a unique membership & training site dedicated to helping passive investors, buyers, sellers, and professionals understand “the dance between property and paper”. She actively supports members of her community around their owner financing and note transactions.Dawn is a brave and capable lady, who managed to build her empire as a mother of four. This is not even her first career, she transitioned into real estate after quitting her nursing job! I am sure that you will enjoy while learning from this incredible woman!

Note Queen – www.notequeen.com

Show Notes:

00:00 – 06:50 Introduction

06:50 – 12:43 From nurse to notes

12:43 – 19:35 Dawn’s strategy when it comes to buying notes.

• Does she want her notes to pay off, or she prefers keeping them for a long-term cash flow?
• Diversity is the key!

19:35 – 22:22 How do Dawn’s lenders on the front side go about understanding how they are going to get paid?

• Importance of staying local with notes in the beginning

22:22 – 26:25 What happens if lender decides to leave deal earlier than intended?

26:25 – 28:31 Importance of relationships

28:31 – 31:35 Creating notes, buying created notes, what is Dawn’s focus?

31:35 – 36:54 Buyer screening process

36:54 – 42:00 Holding period and selling the note

• Consistent payments by a person that bought a property

42:00 – 44:00 How you can learn from Dawn?

44:00 – 48:29 Membership site  

Hard money lending from all angles with Wendy Sweet. In this episode of the Investor Army Podcast we cover a large number of topics related to private money lending, hard money lending, and starting a fund for real estate investors. We go over hard money lending with Wendy Sweet from Carolina Hard Money from the position of the lender and the borrower and what it is like to be in either position. Everyone needs to raise private money or use hard money for their real estate deals. And that is exactly what we talk about today and how to do it correctly and what you need to know about the hard money lending process.

Wendy Sweet – [email protected]

[email protected]

Carolina Hard Money – www.carolinahardmoney.com

Show Notes:

00:00 – 02:45 Introduction

02:45 – 10:06 Carolina Hard Money and Wendy’s background in mortgage industry

10:06 – 13:44 Wendy’s transition in hard money lending business

13:44 – 19:33 Hard money loan process

• Points up front
• Points on a back
• Interest rates

19:33 – 25:27 Draw process

25:27 – 31:15 How Wendy can help you with building your passive income?

31:15 – 32:27 Paper work

• Have a local attorney

32:27 – 35:51 Your local real estate investor association is the cheapest and deepest education you will ever get!

35:51 – 39:40 Funds vs. hard money loans

39:40 – 44:05 What can you expect when you are looking to put your money into a fund?

44:05 – 44:47 Investing out of 401K and IRA

44:47 – 47:20 Last piece of advice from Wendy

47:20 – 49:46 Contact information

I am honored to introduce Kenneth A. Lacy to you! Ken started his Navy career in the Engineering Department on a Nuclear Submarine over a four year period. He followed this with 3 years of Security duty and then becoming an EOD-Explosive Ordnance Diver. He switched to the reserves and become a hard hat diver which then enabled him to become a Commercial Diver on the civilian side at the Norfolk Naval Shipyard. He was injured on a dive job and during his rehabilitation, received his Bachelors in Business Management. He went on to retire from the Navy reserves with a combined 26 years of service.In order to maximize his ability to help more Veterans under the umbrella of a 501(c)3, he created Veterans Path Up. He established a board of directors and is now working to serve those honorably discharged veterans that want a path to home ownership. Through the network of a great team, Veterans Path Up is helping veterans build their credit while living in stable homes. This, in turn, gets them on the path to home ownership.I invite you to listen to Kenneth’s story and to contribute to this noble cause!

Kenneth A. Lacy – [email protected]

Veterans Path Up – www.veteranspathup.org

Show Notes:

00:00 – 03:10 Introduction

03:10 – 06:11 Kenneth’s history with real estate and how idea of Veterans Path Up was planted

06:11 – 9:33 How Veterans Path Up movement established connection with Financial Friend Network

• Support of big companies
• Give a man a fish, and you feed him for a day. Teach a man to fish, and you feed him for a lifetime.

9:33 – 10:00 How Kenneth got first properties

10:00 – 13:30 How does organization finances properties?

• Financial Friend Network auction

13:30 – 15:45 How idea spreads?

• How you can donate house to Veterans Path Up?

15:45 – 16:55 How listeners can help?

16:55 – 19:20 Government assistance, VASH and SSVF

19:20 – 20:50 How you can donate access supply?

20:50 – 22:25 How veterans can apply for VPU support?

22:25 – 24:40 How VPU helps veterans to get jobs?

24:40 – 28:20 Upcoming events

28:20 – 29:05 Institutional long-term financing

29:05 – 31:58 How you can contact Kenneth