OPM Mastery

Welcome to the debut episode of the Invest Four More podcast with Mark Ferguson. Through the episodes ahead you’re going to get a front-row seat to what it’s like to move into the real estate investing realm from square one from a man who’s done it himself. Hang on, it’s going to be a wild ride as we unpack the successes and failures of what it takes to be successful in real estate investing.

In this first episode of the Invest Four More podcast, Mark Ferguson chats with Brie Schmidt, a real estate investor who holds multiple multi-family properties in Chicago and Milwaukee and has been running a very busy and successful real estate investing business since 2011. Brie is an investor and a real estate agent who has learned how to leverage her real estate license and experience into purchasing multiple multi-family properties (59 units at this time).

One of Brie’s claims to fame is that she has purchased 21 properties in less than four years, with the bulk of that happening in the past 9 months. She’s learned how to scale her business into a secondary market to ramp up her business exponentially. That’s where she learned how to leverage commercial financing from a large lending institution (U.S. Bank) to purchase multi-family properties with very little hassle. Mark spends a good deal of time at the beginning of the conversation unpacking how Brie went about building that relationship and making it profitable or purchasing more and more properties.

One of the most difficult parts of buying real estate on a large scale is the financing. Brie Schmidt has created a system in her business where she’s able to close multiple properties at the same time and combine them into a portfolio loan with her lender so she is able to deal with her lender’s requirement that the minimum loan be $200,000.00. That means she’s purchasing multiple properties for $35,000 to $60,000 and lumping them into a portfolio, but having individual loans. It’s a great trick you’ll learn about in this episode.

In this episode Brie Schmidt shares another tactic that has made her business move forward in a powerful way by building great relationships with Realtors in her markets. She’s got relationships with realtors that work almost by themselves; the realtors understanding exactly what she’s looking for in a property and calling her with specific scenarios and deals that they know she’s going to be interested in considering. That enables her to spend her time looking at properties that she is pretty clear are going to be a good fit for her instead of wasting her time looking at many things that she’d never want to buy.

This episode is packed with great tips on how to organize and leverage your investments for multi-family properties in multiple markets, so grab

Brie’s new website www.Turnkey-Reviews.com

Contact Brie Schmidt on Twitter at https://twitter.com/ChicagoBrie

Brie’s email: [email protected]

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