Catch up with Jonathan and see what he has been up to the last couple of months!

Highlights of the Episode:

In this episode, Jonathan interviews John Cohen and uncovers his incredible success in Real Estate. As part of his business at Toro, he has acquired over 3500 units accounting for over 250 Million in assets. This episode uncovers topics like building a successful team, value add investing, building wealth while working a W-2 and more!

Top Takeaways:  

Value add investing:     

 - Buy at market value or below     

 - Increase value by making repairs      

- Find the right people to do the repairs      

- Find the right property manager     

 - Look at the comps in your market and understand what makes the most sense to add value for your property        

- Have an operational and property management strategy

Building wealth while working a job:      

- Don’t quit your job until you have enough savings for 12 months          

 - Become pactive = passive and active      

- House hacking is the perfect way to get started and there is very low risk      

- Invest your money passively    

 - Educate yourself before you invest in anything

Resources:

monday.com   

Social links:  

Email: [email protected] 

Company Website: tororep.com  

Instagram: @john_jc - https://www.instagram.com/john_jc/?igshid=nlgbgugue7od

In this episode, Jonathan interviews Will Brown on his incredible path to Real Estate. It all started in high school when he went to a Real Estate seminar with his mom and that opened his eyes to the incredible possibilities of Real Estate. He became laser focused on educating himself and figuring out his ONE thing to build a successful Real Estate Business at just 20 years old. This episode will uncover how he first got started wholesaling in college, his wholesaling process, fear of rejection and more.

Top Takeaways:

Educating Yourself and getting started:

- Educate yourself beyond a reasonable degree

- Figure out the purpose of why you are doing what you are doing

- Learn how the ONE Thing changed his whole life and focus on Real Estate

Working with Systems:

- You don’t need a system for something you don’t know how to do yet

- Systems are made to simplify things

- Every system has been used out of a necessity

- You have to have a need for systems

Process of getting data:

- From Will’s website email [email protected] and mention keyword BP2020 for a great discount

- Criteria for getting data below:  

- 30% equity (0-70% LTV)

- Year built before 1995-2000

- Homeowner age 50+

- Property value <250K

- Owner occupied and absentee owners

- Your list of zip codes or counties

How to bring value to Will: 

- Share this podcast for people who are involved in Real Estate or interested in getting started 

- Raising money for his company and send an email to learn more at [email protected]

Resources: 

- Call Rail: https://www.callrail.com/

- Spokeo: https://www.spokeo.com/

- The ONE Thing by Gary Keller & Jay Papasan

Social Links:

Will’s Website: http://www.arestech.ai/bp

IG: @will.jbrown - https://www.instagram.com/will.jbrown/?hl=en

In this episode, Jonathan interviews Serge Shukhat on his successful journey in Real Estate. Serge has been a huge role model to Jonathan and someone who has helped him take massive action. Serge has built a huge portfolio of 70 single-family homes that have all been sold and over 400 multi-family units. This episode uncovers topics like scaling your Real Estate portfolio, creating a corona game plan, having an acquisition strategy, and more!

Top Takeaways:

Action plan during Corona and best practices in Real Estate:

- Take care of your banking relationships or find them if you don’t have them

- If you don’t have a local community bank, go get them

- Be patient and invest in education and networking

- Identify your market strategy (SFH, multi-family, etc)

- Identify the listing agents on those sales that sold the most in the category you are looking to focus on

- Make sure the listing agents/brokers know your name

- If a property comes up for sale, they should be calling you

- Patience and liquidity

Words of advice:

- Look for equity over cashflow

- Large balance sheet

- Strong broker relationships

How to bring value to Serge: 

- Looking for people to check on his properties and make sure everything is running smoothly 

Social Links:

- BiggerPockets Profile: https://www.biggerpockets.com/users/sfcgee

In this episode, Jonathan interviews Diego Corzo and uncovers his story of becoming an American Dreamer. There were some obstacles in his way, but he didn’t let that stop him from achieving financial freedom. He went from graduating college at 22 and then started his investment journey at 23 years old. He now has 15 doors and no longer has that W-2 lifestyle. Diego is defined as someone who consistently takes action and it shows with his tremendous results. He continues to surround himself with incredible mentors that push him and hold him accountable to achieve more. He wants to take all of his knowledge and give back as much as he can!   

Key takeaways:  

Best place to start in Real Estate:

  - House hack to eliminate your biggest expense = RENT 

 - Look for turnkey, 4 bedrooms, 2 bath, and less than 2500 square feet  

- This allowed him to make positive cash flow from day 1 

Building your investment team:  

- Work with a team that has expertise in the type of real estate you are investing in  

- Find an investor-friendly realtor and lean on them for resources in that specific area  

Coaching/Mentors: 

- Work with people who have tremendous experience 

- Do everything they say, take action and this will yield incredible results 

- Leverage Facebook groups and meetups in your local area   

How to bring value to Diego: 

- Looking for savvy people to create graphics to share on Instagram and Facebook 

Resources:  

Trello  

Rich Dad Poor Dad   

Social Links:  

Ratracetofi.com 

IG: @realdiegocorzo

Website: diegocorzo.com

In this episode, Jonathan interviews Chris Grenzig to uncover his path to getting involved in Real Estate. Jonathan and Chris go way back and actually went to the same college together. Chris is an Asset Manager at Toro Real Estate Partners and was able to achieve that role through an incredible mentor. This episode unpacks what it means to bring value to others, marketing strategies to get deals, corona game plan and more.  

Top Takeaways:  

Bringing value to others:  

- Recognize a need for the person you are trying to bring value to and present that idea  

- Come up with an idea of how you can bring value versus bringing the burden onto the other person to think of an idea  

 - Take stock of what you do well and keep a running list  

- Reach out to a company who is older and needs help getting more involved in technology  

- Ideas to bring value for older companies are: Posting to Instagram, creating a company website, help with graphics and video editing  

Corona game plan:  

- All in-person showings have stopped, maintenance requests are only for emergencies and leasing office is closed 

 - Send a list of open jobs to tenants to apply to  

- Take advantage of the stimulus bill that most tenants will qualify for based on their income  

- Have a flexible payment plan in place  

- Rent renewals have halted  

- Cut all late fees  

- Create a resource package   

Resources:  

monday.com   

Social Links:  

- Come check out Chris’s podcast: The Real Estate Investing Experience 

 - Company website: http://tororep.com 

 - IG: @chris.grenzig

In this episode, Jonathan interviews Michael Ealy on growing his Real Estate business to 1000 units. He got started by house hacking and has a goal of doing 300 million in deals this year. It wasn’t peaches and rainbows starting out! It went from getting evicted in 2002 due to the recession, living with his parents and he got his car totaled.  He didn’t let any of his obstacles get in the way of achieving his goals. 

Takeaways: 

 No money down: 

 - You need money, but it doesn’t have to be your own  

- Be creative with financing your deals 

Getting started:   

- Don’t be that person who is constantly overanalyzing and not moving 

 - You are going to fail and that is OKAY 

- Making mistakes is just part of the game 

 - Everything is attainable  

- If you say you can do it, then you can DO IT  

What does a strong partnership look like:  

- Bring value to the table 

 - It is a relationship and you have to like each other  

- It is like dating!  

- It isn’t all about the money even if 2 million is involved   

How to bring value to Michael: 

- Find a deal

- Raising capital 

- Building feasibility reports 

- Editing videos they have created/ webinars 

- Boost social media presence (Instagram, Facebook and Twitter) 

Social Links:  

Company website: www.nassauinvests.com

BiggerPockets Profile: https://www.biggerpockets.com/users/MichaelEaly 

LinkedIn: https://www.linkedin.com/in/nassaumikeealy/

In this episode, Jonathan interviews Jon Schoeller on his successful Real Estate journey. Jon is always keeping himself busy with the many ventures he is a part of: Real Estate investment business, fitness business, YouTube channel and building his own Real Estate portfolio. He dives into tangible tips and tricks to take action and the importance of being a value add focused person.

Episode Breakdown: 

1) Intro dig in/Strategy: 0-22:58 

2) Getting started/Taking Action 22:59-50:29 

3) Content intake/Time management/Tactics/Tools: 50:30-1:00:58 

4) Wind down: 1:00:59 -1:09:23

Top Takeaways  

Tips for creating content:  

 - Most people are not comfortable getting on camera, but you just have to start  

- Repetition is key to getting more comfortable and natural  

- Record with no intention of posting  

- Record the same thing 10 to 15 times and eventually, you will find one that is post-worthy  

Finding deals today: 

 - Majority of deals are off-market  

- Go to sites like Zillow and look at the ones that have been on the market for 100 plus days 

 - The longer on the market, the easier it is to get a good deal  

- Understand what the resale value is in the neighborhood you are looking at  

- Start knocking on doors and ask people if they are interested in selling their house  

Taking Action:  

- Be a value add person and solve problems for people who don’t have the time to do it themselves 

 - Surround yourself with people who are doing what you want to do 

 - Learning by doing 

 - Start early in your 20’s; Just do it

- Checklists for everything  

Working with Contractors: 

 - Never tell them your budget, because then they will try to get every penny  

- Call multiple contractors to walk through the property and give an estimate 

 - Always pay the contractor for their time  

- Find a contractor who communicates extremely well, timely, respectful and gives recommendations

How to bring value to Jon: 

- Help with marketing and social media. Always looking to boost his presence online

Resources:  

Matt D’Avella YouTube Channel: https://www.youtube.com/user/blackboxfilmcompany

Basecamp management tool

Social Links:  

YouTube Channel: https://www.youtube.com/channel/UCBIK5rMihvG0-0ZHS5lARCQ 

IG: @thefrugalinvestor  

Company Website: https://www.aminvestmentswv.com 

In this episode, Jonathan interviews Nick Roberts on his family-owned rental and property management business. Nick is fortunate to work alongside his mom and sister to run a very successful and trustworthy business. This episode focuses on getting started when working with property managers, screening tenants, best practices and more!

Top Takeaways

Getting started working with property managers:

- It can be very easy to be naive and get persuaded in the wrong direction

- A good property manager is straight forward from the beginning and has extensive knowledge of the business

- Connect with a property manager before you invest so they can give you feedback on if it is the right investment

- Make sure the tenant and owner are happy

Screen tenants:

- Must have to check for: Credit, criminal, employment and rental history

- Old-timers will look at what vehicle they drive and how they look

- Both tenant and owner is interviewing each other

Best practices:

- Look at Google reviews

- Make sure that you are documenting EVERYTHING

- No, she said he said

- Make sure it is a comfortable fit between the property manager and landlord

How to bring value to Nick: 

- Lets get those Google Reviews up and show some love for his property management company 

- Always looking to bring on more clients to manage their property 

Resources:

AppFolio Property Manager

Social Links:

Ben Roberts Rentals & Property Management: https://www.robertsrentals.net/ 

Email: [email protected]

In this episode, Jonathan interviews Nick Roberts on his family-owned rental and property management business. Nick is fortunate to work alongside his mom and sister to run a very successful and trustworthy business. This episode focuses on getting started when working with property managers, screening tenants, best practices and more!

Top Takeaways

Getting started working with property managers:

- It can be very easy to be naive and get persuaded in the wrong direction

- A good property manager is straight forward from the beginning and has extensive knowledge of the business

- Connect with a property manager before you invest so they can give you feedback on if it is the right investment

- Make sure the tenant and owner are happy

Screen tenants:

- Must have to check for: Credit, criminal, employment and rental history

- Old-timers will look at what vehicle they drive and how they look

- Both tenant and owner is interviewing each other

Best practices:

- Look at Google reviews

- Make sure that you are documenting EVERYTHING

- No, she said he said

- Make sure it is a comfortable fit between the property manager and landlord

Resources:

AppFolio Property Manager

Social Links:

Ben Roberts Rentals & Property Management: https://www.robertsrentals.net/ 

Email: [email protected]