Today’s guest is Christian Catron. Christian is a real estate investor who specializes in value-add multifamily investments. He is also the owner and CEO of Redeem Investments.

Christian is a West Point graduate and US Army Veteran.

After investing in single family homes and small multi-family homes, Christian shifted his focus in 2019 to commercial multifamily (apartment) investing. His real estate prowess and experience has helped him acquire 132 units in under 9 months!

In this episode, Christian shares some of the top contributors to his success: what he’s doing differently to find deals, how he determines what deals to pursue, and how he works with his property manager. He also addressed the elephant in the room—how to safely buy multifamily properties in today's current market.

I’ve found tremendous value from today’s discussion and my hope is you’ll do the same!  

Key Takeaways

What prompted him to pursue real estate

Best way to mitigate your risk

What he’s doing differently to find deals

How he assesses what deals to pursue

What he looks for before he decides to move on with a deal

The perfect model for those who want to understand how the multifamily game works

How he works with his property manager

On the concept of velocity of money and what it allows you to do

The intent behind his mastermind group

How people can get involved

Links

Redeem Investments Website - https://www.redeeminvestments.com

Redeem Team Mastermind Registration - https://www.redeeminvestments.com/#mastermind_registration

Redeem Investments Email - [email protected]

Living Off Rentals YouTube Channel: https://www.youtube.com/channel/UCRpWXe2mWqBm5vvbO2R2AdA?sub_confirmation=1

Today’s guest started his real estate investing career at age 23. Over the years, he has purchased close to 2,000 houses in and around San Antonio, Texas.

After more than 3 decades of investing in real estate, he has also mastered the art of owner financing properties.

Mitch Stephen as written 3 books in the "My Life & 1,000 Houses: series talking about the major lessons he has learned as a real estate investor over the past 30 years.

Mitch is also an expert at keeping things simple and conveying the knowledge and theories that have made him financially independent in a manner that’s easy to understand and digest.

In this episode, we not covered the basics of owner financing properties, we also tackled some of the secret sauce that has helped him build a massive and thriving business—how he keeps track of his ventures, how he finds his business partners, and the tough lessons he has learned along the way.

This interview is packed with wisdom and knowledge you can definitely benefit from, so don’t miss it!

Key Takeaways

First step for those who would like to start owner financing some of their properties

The numbers on a typical deal and how the mechanics work

What’s been working for him in the current market

How he keeps track of all his real estate business

How he found his business partners

Tough lessons he has learned over the years

Where people can find him if they want to reach out

Links mentioned in the interview

1000 Houses Website - https://1000houses.com

Real Estate Investor Summit Podcast - https://1000houses.com/podcast-archives/

Mitch Stephen on Facebook - https://www.facebook.com/1000Houses/

Mitch Stephen on LinkedIn - https://www.linkedin.com/in/mitch-stephen-5a83156/

Mitch Stephen on YouTube - https://www.youtube.com/user/dale965

Mitch Stephen on Twitter - https://twitter.com/Mitch_Stephen

Books mentioned in the interview

My Life & 1,000 Houses: Failing Forward to Financial Freedom by Mitch Stephen - https://www.amazon.com/My-Life-000-Houses-Financial/dp/1419698540

My Life & 1,000 Houses: 200+ Ways to Find Bargain Properties by Mitch Stephen - https://www.amazon.com/My-Life-000-Houses-Properties/dp/1507804377

My Life & 1,000 Houses: The Art of Owner Financing by Mitch Stephen - https://www.amazon.com/My-Life-1000-Houses-Financing/dp/153462239X

Living Off Rentals YouTube Channel: https://www.youtube.com/channel/UCRpWXe2mWqBm5vvbO2R2AdA

Many people think they can only invest in traditional investments like individual stocks and mutual funds using their IRA. 

However, it is totally legal to invest in almost anything using your retirement funds and with a smart IRA real estate investing strategy, you can really super charge your tax free returns!

There is more to investing using IRAs than meets the eye. And in this episode I cover the smart way to use your IRA to invest in real estate.

In addition, I’ll also provide a few recommendations so you can fully enjoy all the benefits this method can offer. 

If you’re looking for different strategies you can use to purchase rental properties and build wealth while reducing your tax burden, this method is something you should definitely consider! 

Key Takeaways

• What self-directing your IRA means and how you can go about it
• What IRA custodians can do
• Some of the things you can invest your retirement funds in
• Two main rules to observe when using your self-directed IRAs to invest
• Why reaching out and talking to your accountant is recommended prior to making any self-directed investments
• Why investing in real estate through your IRA is both smart and controversial
• Main benefits of investing in real estate using your IRA
• What he’ll recommend to investors
• Why the Roth Method of self-directing IRA is preferable
• Links

Individual Retirement Account (IRA) - https://www.investopedia.com/terms/i/ira.asp

Roth IRA - https://www.investopedia.com/terms/r/rothira.asp

IRA Custodian - https://www.yieldstreet.com/resources/article/what-is-an-ira-custodian

401(k) - https://guides.wsj.com/personal-finance/retirement/what-is-a-401k/

Midland IRA Custodian - https://www.midlandtrust.com/

Living Off Rentals FB Group - https://www.facebook.com/groups/LivingOffRentals/

Living Off Rentals YouTube Channel - https://www.youtube.com/channel/UCRpWXe2mWqBm5vvbO2R2AdA

One of the key things I have learned over the years as an investor is this: the importance of establishing a solid relationship with a good agent cannot be overstated. Today’s guest is someone I have worked with for almost a decade now and he has definitely helped take my business to the next level.

Kevin Hudoba is a real estate professional who has been helping families buy, sell, and invest in real estate. Over the years, I have worked with Kevin in different capacities and diverse markets and our business relationship has been nothing less than beneficial.

In this episode, we talked about how our relationship as agent and investor has evolved over the years, the pros and cons of working with an agent, and how the pandemic has changed the real estate market, among others. 

You’ll discover all the basics of working with a real estate agent in this episode so don’t miss it!

Key Takeaways

Number of transactions he did last year

Difference between working with a retail client and an investor

Pros and cons of working with investors

What he recommends to investors in terms of working with agents

Changes in the market he’s seeing that’s brought about by the COVID-19 pandemic

How he’s bracing for the long-term impact of the pandemic

Some of the biggest mistakes investors often make

His advice to aspiring realtors and investors

Best way to get in touch with him

Links

Zillow - https://www.zillow.com

Chase - https://www.chase.com

Wells Fargo - https://www.wellsfargo.com

FaceTime - https://apps.apple.com/us/app/facetime/id1110145091

Hudoba Real Estate Website - https://www.hudobarealestate.com

Kevin Hudoba’s Facebook - https://www.facebook.com/KevinHudoba

Kevin’s email - [email protected]

Jumbo Loans - https://www.nerdwallet.com/article/mortgages/jumbo-loans-what-you-need-to-know

Living Off Rentals YouTube Channel:

Links

Zillow - https://www.zillow.com

Chase - https://www.chase.com

Wells Fargo - https://www.wellsfargo.com

FaceTime - https://apps.apple.com/us/app/facetime/id1110145091

Hudoba Real Estate Website - https://www.hudobarealestate.com

Kevin Hudoba’s Facebook - https://www.facebook.com/KevinHudoba

Kevin’s email - [email protected]

Jumbo Loans - https://www.nerdwallet.com/article/mortgages/jumbo-loans-what-you-need-to-know

Living Off Rentals YouTube Channel: https://www.youtube.com/channel/UCRpWXe2mWqBm5vvbO2R2AdA?sub_confirmation=1

After having built a massive 7-figure wholesaling operation that he now only has to spend a few hours per week in, Bill Allen knows a few things about getting great deals. 

In this episode, Bill shares how he successfully runs his operation with as little effort and involvement as possible. He also shared how rental property investors can work best with and establish successful business relationships with wholesalers.

If you need wisdom and tips on how to run multiple businesses, ventures, and projects successfully, you owe it to yourself not to miss this episode!

Key Takeaways

• Three things that have helped him grow his business
• Why he believes in delegation
• Overview of a typical deal they’re doing
• How his team closes deals without walking through the property
• How they find off-market leads
• How rental investors can find good wholesalers
• Metrics he monitors to ensure they’re on track
• Key skills that have helped him succeed
• What success looks like for him
• How people can get in touch with him

Living Off Rentals YouTube Channel: https://www.youtube.com/channel/UCRpWXe2mWqBm5vvbO2R2AdA?sub_confirmation=1

Stories like this are why I believe so strongly in rental property investing as one of the best ways to secure a person's future.

Many people have the goal of doing what Rich Garland has done throughout his career.

While working his day job for the past 3 decades Rich took his extra money and invested it in one rental property at a time.

This gave him the ability to retire from his waste disposal job long ago, but since he enjoyed working, he stayed on and kept building his portfolio.

He now owns around 25 rental properties free and clear and, not only has he created enough income to provide freedom and security for the rest of his life, but enough to change his family's future as well!

In this episode, Rich shared a lot of interesting and helpful insights and anecdotes—from how he financed the properties he bought (or didn't finance them), down to the adjustments he wants to make to adapt to the current situation, you’ll hear it all here.

What I love about this interview is that Rich is not a guru, who is selling a get rich quick scheme. He is a regular guy who has a proven track record to show what hard work and smart choices can turn into.

If you’re looking for unconventional wisdom from a hardworking man who knows how to make his dreams happen, this episode is for you!

Key Takeaways

His background and how he got into real estate

Pace he’s buying properties at and what his goal was

Typical deal

What his rental properties require in terms of time

How he selects his tenants

First thing he looks for when selecting tenants

What an ideal deal is for him now

Point where he felt secure about his rental property investments

His thoughts on the current economic situation and any adjustments he intends to make

How he plans to take care of his tenants

Best and worst deal he’s done

One piece of advice he wished he was given when he first started

Living Off Rentals YouTube Channel - https://www.youtube.com/channel/UCRpWXe2mWqBm5vvbO2R2AdA?sub_confirmation=1

Eric Upchurch is a former Special Operations Aviation Crewmember turned real estate investor. Since his first real estate investing venture in 2006, Eric has been involved in private lending, fix and flips, self-directed IRA, tax liens, syndications, and multifamily and turnkey buy-and-hold properties, just to name a few. To date, he has already invested in 500 doors.

In this episode, Eric’s passion for educating, empowering, and helping people grow is evident as he talked about real estate—from his first real estate venture to the impact of the current pandemic, down to the importance of having a deep-rooted WHY, Eric covered it all.

Not only that, Eric also shared a step-by-step guide on what you can do if you want to start investing in today’s economic climate. If you want to learn from someone who has significant real estate experience as well as wisdom, this episode is for you!

Key Takeaways

• How he got into real estate investing
• His favorite among the real estate avenues available
• Why he doesn’t like investing in tax liens
• His thoughts on the impact of the COVID-19 pandemic on the real estate market and the economy
• Shifts/changes he intends to do
• Asset classes he’s more concerned about
• What piqued his interest in a property they purchased recently
• Why he loves multi-family
• What Active Duty Passive Income (ADPI) is all about
• What he’d do if he’d start real estate investing right now
• Why it’s crucial to be intentional when networking
• The importance of having a deep-rooted WHY

Links

Active Duty Passive Income (ADPI) FB Group - https://www.facebook.com/pg/ActiveDutyPassiveIncome/groups/

American Mortgage Network - https://amnetmtg.com

Living Off Rentals Facebook Group - https://www.facebook.com/groups/LivingOffRentals/

Rich Dad Poor Dad by Robert T. Kiyosaki - https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194/

Think and Grow Rich by Napoleon Hill - https://www.amazon.com/Think-Grow-Rich-Landmark-Bestseller/dp/1585424331

Rich Dad’s CASHFLOW Quadrant by Robert T. Kiyosaki - https://www.amazon.com/Rich-Dads-CASHFLOW-Quadrant-Financial/dp/1612680054

Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes by Tom Wheelwright - https://www.amazon.com/Tax-Free-Wealth-Permanently-Lowering-Advisors/dp/1937832058

Military House Hacking: How to Live for Free, Earn Passive Income, and Create Generational Wealth by Markian Sich, Michael Foster, Eric Upchurch, Adam La Barr, Timothy Kelly, Mitch Durfee, and Rod Khleif - https://www.amazon.com/Military-House-Hacking-Passive-Generational/dp/1729232515

The BRRRR Strategy: A Primer for Investors - https://www.biggerpockets.com/blog/brrrr-buyrehabrentrefinancerepeatprimer

Undeniably, investing in rental properties is a huge decision in itself. That being said, the thought of doing it remotely is enough to make people a bit wary. Today’s guest, however, was able to successfully invest in rental properties remotely and was even able to build a portfolio of 48 doors in just 2.5 years!

Nick Giulioni is a rental property investor from the Bay Area. While he once worked as a successful e-commerce channel manager for a tech company for many years, he decided to give real estate a try after having his job threatened multiple times. After trying house hacking, he went into out-of-state investing and has not looked back since!

In this episode, discover how Nick invests in rental properties remotely through owner financing, what he loves about it, and his thoughts on the pandemic’s impact on the real estate market. You’ll learn so many interesting real estate insights and wisdom in today’s episode, so don’t miss it!

Key Takeaways

• His thoughts on the pandemic’s impact on the real estate market and what he’s changing as a result
• What he loves about rental property investing
• His background and how he got into real estate
• Some things he changed in terms of property management to prevent any possible loss in the future
• The value of holding one’s own security deposits
• The importance of having third-party audits of the bookkeeping
• Why you should consider diversifying your property management
• How he knew he can purchase properties remotely and what its upsides and downsides are
• What a turnkey provider does
• How he was able to scale his portfolio quickly
• What seller financing is
• One piece of advice he wished he got before he started
• What the ideal scenario is for him

Links

BiggerPockets - https://www.biggerpockets.com

Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties by David Greene - https://www.amazon.com/Long-Distance-Real-Estate-Investing-State/dp/0997584750

Unpacking Seller Financing blog post by Nick Giulioni - https://www.biggerpockets.com/member-blogs/12953/89429-unpacking-seller-financing

The 10X Rule: The Only Difference Between Success and Failure by Grant Cardone - https://www.amazon.com/10X-Rule-Difference-Between-Success/dp/0470627603

The pandemic-fuelled economic crisis has clobbered almost every industry and the short-term rental property space is no exception. However, even if things seem dire, it is reassuring to know there is no shortage of ways you can effectively manage short-term rentals even during these unprecedented times.

Jered and Carla DaCosta are the owners of DaCosta Real Estate Investments, an investment company dedicated to buying high-quality short-term rentals. In March of 2019, the couple relocated to Jacksonville, Florida, and continued building their real estate portfolio there.

In this episode, you’ll hear how Jered and Carla manage their short-term rentals through the new COVID economy—how they find deals, what they take into account when looking for deals, and their thoughts on urban markets and short-term rentals, among others. Plenty of beneficial wisdom and insights relevant in today's challenging times, so don’t miss it!

Key Takeaways

• What they did post-West Point and how they got into real estate
• What their goals and plans were when they moved to Jacksonville
• How they approached a deal when the COVID-19 pandemic kicked in
• Their thoughts on short-term rentals and the urban markets
• What they take into consideration when looking for deals
• The monthly cash flow they’re targeting for a typical unit
• How they’re currently finding deals
• The best piece of advice they’d give to those who would like to do what they’re doing
• The best way for people to get in touch with them

Links

MLS - http://www.mls.com

Zillow - https://www.zillow.com

RedFin - https://www.redfin.com

HGTV - https://www.hgtv.com

Rich Dad Poor Dad by Robert Kiyosaki - https://www.amazon.com/Rich-Dad-Poor-Teach-Middle-ebook/dp/B0175P82RA

Let’s set something straight: contrary to popular belief, it’s never too late to build your rental property portfolio. This is something our guest today can definitely attest to. Only 2 years in and he has already accumulated 6 rental properties and is looking to add at least one each month!

Randy Ridderhoff is the owner and CEO of Awesome Homes and Capital, LLC, a real estate investment firm that buys houses as-is in Northwest Indiana. In this episode, Randy shared how he transitioned from doing fix and flips to rental property investing, the tools he uses to ensure everything runs smoothly, and what the transition has been like for him.

If you think it’s too late to build a rental property portfolio, don’t miss today’s episode. Randy’s inspiring story will surely change your mind!

Key Takeaways

• The realizations that prompted him to invest in rental properties
• How rental houses differ from the conventional ones
• Things that hold people back from investing in rental properties
• What his typical deal looks like
• What an amortization calculator is and what it does
• Bank he uses to refinance and what the process is like
• Property management system and tenant screening tool he uses
• Recent road bump he encountered and how he addressed it
• Best way to get ahold of him

Links

BiggerPockets - https://www.biggerpockets.com

Finance of America - https://www.financeofamerica.com

Secure Pay One - https://www.securepayone.com

TransUnion SmartMove - https://www.mysmartmove.com

Awesome Homes and Capital, LLC - http://awesomehomesllc.com

Randy’s email - [email protected]

Living Off Rentals YouTube channel: https://www.youtube.com/channel/UCRpWXe2mWqBm5vvbO2R2AdA?view_as=subscriber