Passive Income, Active Wealth - Hard Money for Real Estate Investing

In today's episode, Bill Fairman and Jonathan Davis share their insights from attending the Collective Genius Mastermind.

Join the Carolina Capital team LIVE every Thursday at 1:00 pm ET for the Passive Accredited Investor Show!

Timestamps:

0:01 - Introduction

1:06 - https://www.CarolinaHardMoney.com

1:24 - Wednesday with Wendy: https://calendly.com/wendysweet/wedne...

4:31 - Bill Fairman's takeaway from Collective Genius Mastermind

5:14 - "The Boring Investor" - Paul Moore

8:50 - How do I minimize my taxes?

9:56 - Competition in the housing market is rampant

13:31 - Eli Fisher - Dictate your narrative, tell your story.

16:26 - Dr. Davids Phelps' presentation

21:10 - How to get people to visit your social media sites.

25:02 - Carolina Capital's newest fund connect with [email protected] for more info

Carolina Capital is a hard money lender serving the needs of the "Real Estate Investor" and the "Small Builder" borrower who is striving to build wealth and generate income for themselves and their families. We offer "hard money rehab loans" and "Ground-up Construction Loans" for investors only in NC, SC, GA, VA, and TN (some areas of FL, as well).

As part of our business practices, we also serve as consultants for investors guiding them to network with other investors and educating them in locating and structuring transactions. Rarely, if ever, will you find a hard money lender willing to invest in your success like Carolina Capital Management.

Listen to our Podcast: https://thealternativeinvestor.libsyn...

Visit our website: https://carolinahardmoney.com

YouTube Channel: https://www.youtube.com/channel/UCYzC...

Facebook: https://www.facebook.com/CarolinaHard...

Join the Carolina Capital team every Thursday at 12 pm Eastern for the Real Estate Investor Show - Hard Money for Real Estate Investors!

This week, David Richter joins Bill Fairman, Wendy Sweet, and Jonathan Davis to talk about his new book "Profit First for Real Estate Investing.

David Richter is an active real estate investor who has been essential in closing over 850 deals which include wholesale, turnkey, BRRRR, owner finance, rentals, lease options, and any other exit strategy you can think of.

While growing and building a real estate business from 5 deals a month to over 25 deals a month, he realized that as much money was coming in, it was going right out.

With the unique opportunity of being in every seat like a real estate investor, he found a calling to the company's finance seat to help them see where their money was really going.

David has helped real estate companies completely turn around from going out of business to building cash reserves through his profit advising company Simple CFO Solutions, LLC.

His goal in life is to completely transform the Real Estate Investing industry when it comes to how real estate investors view their finances and – bring them true financial clarity and freedom.

Timestamps:

0:01 - Introduction

1:30 - https://www.CarolinaHardMoney.com

1:46 - https://calendly.com/wendysweet/wedne...

3:21 - Today's guest: David Richter

4:59 - How David Richter got started in the real estate business.

8:58 - It's amazing what knowing the numbers can do for you.

10:03 - Profit First for Real Estate Investing

13:58 - What's your relationship with Mike Michalowiz?

17:26 - Why you need to be in a mastermind event.

18:31 - Official launch of the book: Profit First for Real Estate Investing

19:01 - Key points that differentiate the Profit First for Real Estate Investing book from the original book.

23:12 - Connect with David Richter: https://www.SimpleCFOSolutions.com

27:58 - Next Show: Passive Accredited Investor Show - https://youtu.be/PDWh1bUbLMA

Carolina Capital is a hard money lender serving the needs of the "Real Estate Investor" and the "Small Builder" borrower who is striving to build wealth and generate income for themselves and their families. We offer "hard money rehab loans" and "Ground-up Construction Loans" for investors only in NC, SC, GA, VA, and TN (some areas of FL, as well).

As part of our business practices, we also serve as consultants for investors guiding them to network with other investors and educating them in locating and structuring transactions. Rarely, if ever, will you find a hard money lender willing to invest in your success like Carolina Capital Management.

Listen to our Podcast: https://thealternativeinvestor.libsyn...

Visit our website: https://carolinahardmoney.com

YouTube Channel: https://www.youtube.com/channel/UCYzC...

Facebook: https://www.facebook.com/CarolinaHard...

In today's episode, Bill Fairman, Wendy Sweer, and Jonathan Davis talk about their newest funds, how they are going to be structured, how they work, and who qualifies to invest in these funds.

Join the Carolina Capital team LIVE every Thursday at 1:00 pm ET for the Passive Accredited Investor Show!

Timestamps:

0:01 - Introduction

1:08 - https://www.CarolinaHardMoney.com

1:24 - Wednesday with Wendy: https://calendly.com/wendysweet/wedne...

2:31 - Carolina Capital's newest syndication fund

3:07 - How does the real estate market landscape change?

4:00 - What is Debt Offering?

4:20 - You can still be the bank and be in a closed-in fund.

5:50 - What is the best asset to be in the next 5 years?

8:06 - Guaranteed returns along the way.

8:45 - Who are the accredited investors?

11:09 - If I want to invest, what questions should I be asking?

13:24 - If I am already in the Carolina Reserve Fund can I take my money and switch to the new fund?

14:50 - Why invest in this new fund?

16:08 - requirements and paperwork

17:38 - Are the closed-in funds need to be audited?

18:50 - Connect with [email protected] or [email protected] for more info

19:46 - Senior living facility program

21:45 - Disclaimer

Carolina Capital is a hard money lender serving the needs of the "Real Estate Investor" and the "Small Builder" borrower who is striving to build wealth and generate income for themselves and their families. We offer "hard money rehab loans" and "Ground-up Construction Loans" for investors only in NC, SC, GA, VA, and TN (some areas of FL, as well).

As part of our business practices, we also serve as consultants for investors guiding them to network with other investors and educating them in locating and structuring transactions. Rarely, if ever, will you find a hard money lender willing to invest in your success like Carolina Capital Management.

Listen to our Podcast: https://thealternativeinvestor.libsyn...

Visit our website: https://carolinahardmoney.com

YouTube Channel: https://www.youtube.com/channel/UCYzC...

Facebook: https://www.facebook.com/CarolinaHard...

Join the Carolina Capital team every Thursday at 12 pm Eastern for the Real Estate Investor Show - Hard Money for Real Estate Investors!

This week Bill Fairman, Wendy Sweet & Jonathan Davis share their Top 10 Reasons Why You Should Buy A Home Over The Holidays.

1. Rates will go up in 2022.

2. House-pricing will continue to increase.

3. Renovating will become less expensive.

4. Real agents will have more time for you.

5. Many other buyers are weary of the multiple offer games so the competition will bit a little bit easier.

6. Things tend to slow in the winter months giving you more to choose from.

7. The equity on your current home will allow you to buy more than you dreamed of.

8. Zillow has 9,800 homes flooding the market.

9. With the work-from-home options, you can move wherever you want.

10. You should be looking for a property over the holidays because you've been a good boy or good girl.

Timestamps:

0:01 - Introduction

0:47 - https://www.CarolinaHardMoney.com

1:06 - https://calendly.com/wendysweet/wedne...

2:09 - Breaking News

2:39 - Employment numbers dropped!

5:26 - How does your living arrangement change during the pandemic?

7:14 - Conventional Loan Limits Map for 2022

9:50 - Interest rates are jumping up and down.

10:30 - Top 10 Reasons To Buy A Home Over The Holidays

20:08 - Carolina Management Team's forecast for 2022 in the real estate market

26:44 - Next Show: Passive Accredited Investor Show - https://youtu.be/BseehE0vnfs

Carolina Capital is a hard money lender serving the needs of the "Real Estate Investor" and the "Small Builder" borrower who is striving to build wealth and generate income for themselves and their families. We offer "hard money rehab loans" and "Ground-up Construction Loans" for investors only in NC, SC, GA, VA, and TN (some areas of FL, as well).

As part of our business practices, we also serve as consultants for investors guiding them to network with other investors and educating them in locating and structuring transactions. Rarely, if ever, will you find a hard money lender willing to invest in your success like Carolina Capital Management.

Listen to our Podcast: https://thealternativeinvestor.libsyn...

Visit our website: https://carolinahardmoney.com

YouTube Channel: https://www.youtube.com/channel/UCYzC...

Facebook: https://www.facebook.com/CarolinaHard...

Today, on the Passive Accredited Investor Show we are celebrating one of the many princesses that we know (one could even call her a Queen)!

Mary Hart joins the Carolina Capital Team at 1:00 PM Eastern to discuss what she has been teaching Real Estate Professionals all over the country!

Mary is an attorney and the owner of Hart Law in Asheville North Carolina. She has been practicing law for 30 years and has spent years teaching real estate investors and others how to accelerate and preserve wealth through Estate Planning, Asset Protection Planning, Investing with Self-Directed IRAs, Private Money Lending, Selling Real Estate through a Section 1031 Tax-Deferred Exchange and more.

Mary particularly enjoys empowering others with the knowledge to live a financially successful life and the means to pass that wealth onto loved ones – which she considers to be the ultimate love letter! Although Mary enjoys the practice of law, she knows she can empower more people through education and wants to enrich their lives through financial knowledge!

Mary believes that financial literacy is missing in the lives of most Americans as financial education is not generally taught in the school system and she hopes to help raise awareness of the importance of financial knowledge to the quality of life of all Americans.

Timestamps:

0:01 - Introduction:

1:39 - https://www.CarolinaHardMoney.com

1:57 - https://calendly.com/wendysweet/wedne...

2:41 - Today's guest: Mary Hart

3:43 - Mary Hart, The Lightning Lips

5:32 - Your state plan is your ultimate love letter

8:49 - If you have properties in several states do you recommend putting each property into its own LLC or one LLC to cover them all?

10:59 - What states do you think are better for LLC?

12:55 - As for sheltering real estate, do you recommend LLC, Trusts, etc?

20:41 - Mary Hart and Short Term rentals.

22:52 - Mondays with Mary: https://www.calendly.com/mondayswithmary

29:26 - Connect with Mary Hart - https://www.KnowledgeIsMoney.net

Carolina Capital is a hard money lender serving the needs of the "Real Estate Investor" and the "Small Builder" borrower who is striving to build wealth and generate income for themselves and their families. We offer "hard money rehab loans" and "Ground-up Construction Loans" for investors only in NC, SC, GA, VA, and TN (some areas of FL, as well).

As part of our business practices, we also serve as consultants for investors guiding them to network with other investors and educating them in locating and structuring transactions. Rarely, if ever, will you find a hard money lender willing to invest in your success like Carolina Capital Management.

Listen to our Podcast: https://thealternativeinvestor.libsyn...

Visit our website: https://carolinahardmoney.com

YouTube Channel: https://www.youtube.com/channel/UCYzC...

Facebook: https://www.facebook.com/CarolinaHard...

It's National Princess Day!

At 12:00PM Eastern today, Tracy Rewey of Diversified Investment Services is joining the show to teach us how to invest so we can be the anti-Princess waiting for our Knight in shining armor and save ourselves!

Tracy shares her 20+ years of insider secrets with real-life examples that help you realize profits today and build cash flow for the future.

Tracy began her career in real estate closings and title searches leading to a position with Metropolitan Mortgage & Securities. During her 10 years with Metropolitan, she mastered a variety of positions including broker relations, investment analysis, closing management, underwriting, and BrokerNet™ software development.

Tracy left her position as Vice President of Metropolitan in 1997 to open Diversified Investment Services, Inc, with her husband and business partner, Fred Rewey. From start-up note brokers to corporate officers for the nation's largest note buyer, their experience covers all aspects of marketing, closing, underwriting, and servicing cash flow notes.

Timestamps:

0:01 - Introduction:

1:09 - https://www.CarolinaHardMoney.com

1:22 - https://calendly.com/wendysweet/wedne...

2:13 - Today's guest: Tracey Rewey

3:19 - Who is Tracy Rewey?

4:49 - How did Dodd-Frank affect your note investing business?

6:58 - The difference between note investing now and during 2014.

7:58 - Do you have institutional investors who use seller financing?

8:49 - How did you and your husband start Cash Flow Expo & Wize Women Expo?

12:33 - https://www.WizeWomenExpo.com & https://www.CashFlowExpo.com

13:08 - Quest Con event

14:45 - Interests rates are low, why would anyone want to get into owner financing with such a low rate environment?

17:20 - When rates rise on the conventional side does seller financing rise as well?

18:15 - Where do you see the seller finance rates come in now?

21:01 - Sample calculation of a hundred dollar note at zero percent.

23:47 - Be an anti-Princess! Be a Princess with a portfolio, save yourself and build your own financial future.

25:27 - Real estate has no glass ceiling.

28:46 - Connect with Tracy Z - https://www.NoteInvestor.com

30:03 - Next show: Passive Accredited Investor Show with Mary Hart - https://youtu.be/Tzg6NMYAJBE

Carolina Capital is a hard money lender serving the needs of the "Real Estate Investor" and the "Small Builder" borrower who is striving to build wealth and generate income for themselves and their families. We offer "hard money rehab loans" and "Ground-up Construction Loans" for investors only in NC, SC, GA, VA, and TN (some areas of FL, as well).

As part of our business practices, we also serve as consultants for investors guiding them to network with other investors and educating them in locating and structuring transactions. Rarely, if ever, will you find a hard money lender willing to invest in your success like Carolina Capital Management.

Listen to our Podcast: https://thealternativeinvestor.libsyn...

Visit our website: https://carolinahardmoney.com

YouTube Channel: https://www.youtube.com/channel/UCYzC...

Facebook: https://www.facebook.com/CarolinaHard...

November is all about the ladies!

This week on the Passive Accredited Investor Show, in honor of Veteran's Day, we're celebrating Women Real Estate Investor Veterans!

Joining Bill, Wendy, & Jonathan is Stephanie Walter, Principal & Founder of Erbe Investment Group, LLC.

Stephanie Walter formed Erbe Investment Group, LLC for the purpose of real estate investing through multi-family and commercial properties.

Prior to founding Erbe Investment Group, Stephanie started her professional career by obtaining a degree of a Bachelor of Science in Biology and Chemistry and soon started working in the insurance claims industry for 8 years, specializing in working with contractors, overseeing repairs, and keeping projects in line and on budget with the insurance company.

Timestamps:

0:01 - Introduction:

1:19 - https://www.CarolinaHardMoney.com

1:36 - https://calendly.com/wendysweet/wedne...

3:19 - Today's guest: Stephanie Walter

5:05 - Stephanie Walter's humble beginnings

9:28 - Stephanie's syndication deals

12:24 - What is cost segregation?

12:54 - Stephanie's strategies in doing real estate deals

14:36 - Do you let them retain their equity position through perpetuity or is there a buy-out period?

15:16 - Are you only focused on multi-family properties?

17:16 - What are the benefits of depreciation for your investors?

18:58 - Are you concerned that all your investments are set in only one market?

21:23 - The best asset type when you have a big migration pattern on your market.

22:23 - Where do you see yourself in the next 10 years?

25:36 - Connect with Stepanie Walter - https://www.ErbeWealth.com

28:50 - Are your syndications only for accredited investors?

Carolina Capital is a hard money lender serving the needs of the "Real Estate Investor" and the "Small Builder" borrower who is striving to build wealth and generate income for themselves and their families. We offer "hard money rehab loans" and "Ground-up Construction Loans" for investors only in NC, SC, GA, VA, and TN (some areas of FL, as well).

As part of our business practices, we also serve as consultants for investors guiding them to network with other investors and educating them in locating and structuring transactions. Rarely, if ever, will you find a hard money lender willing to invest in your success like Carolina Capital Management.

Listen to our Podcast: https://thealternativeinvestor.libsyn...

Visit our website: https://carolinahardmoney.com

YouTube Channel: https://www.youtube.com/channel/UCYzC...

Facebook: https://www.facebook.com/CarolinaHard...

Short term rentals are exploding! Everybody wants to dip in and try it. A lot of real estate markets in different states are getting saturated. A lot of destinations are feeling the crowd from short term rentals. But how does this implicate the general state of the real estate market?

All these and more in this episode of Real Estate Investor Show - Hard Money For Real Estate Investors!

Timestamps:

0:01 - Introduction: " Are Airbnb's hot right now?"

1:53 - https://www.CarolinaHardMoney.com

2:12 - https://calendly.com/wendysweet/wedne...

4:07 - CCM's long term rental program

6:27 - What is the minimum investment? Or is it for accredited investors?

8:11 - Breaking News

8:45 - The supply of affordable homes jump 13% year over year

15:28 - This week's 30 year fixed mortgage rate jumps 3.34% in average

15:52 - Wages went up by 6%

16:04 - The accessory dwelling unit can increase the value of your property by up to 35%.

18:38 - Airbnb is better under short term rentals rather than long term.

23:27 - Destination short-term rentals vs. non- destination short-term rentals

27:24 - Visit Sonrisers Facebook page to meet great people in real estate

9:28 - Next Show: Passive Accredited Investor Show with Stephanie Walter - https://youtu.be/Spw-qYxP0xk

Carolina Capital is a hard money lender serving the needs of the "Real Estate Investor" and the "Small Builder" borrower who is striving to build wealth and generate income for themselves and their families. We offer "hard money rehab loans" and "Ground-up Construction Loans" for investors only in NC, SC, GA, VA, and TN (some areas of FL, as well).

As part of our business practices, we also serve as consultants for investors guiding them to network with other investors and educating them in locating and structuring transactions. Rarely, if ever, will you find a hard money lender willing to invest in your success like Carolina Capital Management.

Listen to our Podcast: https://thealternativeinvestor.libsyn...

Visit our website: https://carolinahardmoney.com

YouTube Channel: https://www.youtube.com/channel/UCYzC...

Facebook: https://www.facebook.com/CarolinaHard...

Since so many women handle the household finances, why aren't they more involved in the investment decisions?

Plus, learn and be amazed from Wendy, Bill & Jonathan's takeaways on the different masterminds they recently attended.

Get educated! Reliable and valuable information helps you conquer your fear of the unknown.

Join the Carolina Capital Management team every Thursday at 1:00 pm ET for the Passive Accredited Investor Show!

Timestamps:

0:01 - Introduction:

0:45 - https://www.CarolinaHardMoney.com

1:02 - https://calendly.com/wendysweet/wedne...

3:23 - Takeaways from Mastermind events

3:53 - Wendy's Power Room Mastermind event highlights

9:08 - Bill's Freedom Founders Mastermind event highlights

16:44 - Saving money at a bank only benefits the bank.

18:52- Jonathan's Freedom Founders Mastermind event highlights

21:22 - The Trusted Advisor Mastermind by Freedom Founders

23:04 - Since so many women handle the household finances, why aren't they more involved in the investment decisions?

Carolina Capital is a hard money lender serving the needs of the "Real Estate Investor" and the "Small Builder" borrower who is striving to build wealth and generate income for themselves and their families. We offer "hard money rehab loans" and "Ground-up Construction Loans" for investors only in NC, SC, GA, VA, and TN (some areas of FL, as well).

As part of our business practices, we also serve as consultants for investors guiding them to network with other investors and educating them in locating and structuring transactions. Rarely, if ever, will you find a hard money lender willing to invest in your success like Carolina Capital Management.

Listen to our Podcast: https://thealternativeinvestor.libsyn...

Visit our website: https://carolinahardmoney.com

YouTube Channel: https://www.youtube.com/channel/UCYzC...

Facebook: https://www.facebook.com/CarolinaHard...

It's National Common Sense Day!

Today on the Real Estate Investor Show- Hard Money For Real Estate Investors, the Carolina Capital Management team talks about using your common sense when doing real estate deals.

A common-sense note: Always buy a rental property based on the long-term rent potential.

Another thing, do you have a self-directed IRA? Are you even aware that your self-directed IRA was almost taken from you? But thanks to the efforts of all the brilliant people who work together to protect your IRA this crisis has been avoided.

Lastly, Zillow is ditching the home-flipping business! They are selling thousands of homes. Is this a great opportunity for real estate investors?

All these and more in today's episode of Real Estate Investor Show- Hard Money For Real Estate Investors!

Timestamps:

0:01 - Introduction:

0:54 - https://www.CarolinaHardMoney.com

1:10 - https://calendly.com/wendysweet/wednesdays-with-wendy

4:37 - Breaking News

4:50 - This week's 30-year fixed rate has gone down to 3.09% (still lower than pre-pandemic)

5:28 - From Redfin: ⅓ of homes listed went under contract in the first seven days

8:30 - Active house listings are down 21% from 2020

11:17 - Rents are up 16.4% since January 2021

18:09 - Congress took out the IRA language to the Budget Reconciliation Act

20:25 - Self Directed IRA Is Your Key To Financial Freedom

25:50 - Next Show: Passive Accredited Investor Show - https://youtu.be/RevRBYEce50

Carolina Capital is a hard money lender serving the needs of the "Real Estate Investor" and the "Small Builder" borrower who is striving to build wealth and generate income for themselves and their families. We offer "hard money rehab loans" and "Ground-up Construction Loans" for investors only in NC, SC, GA, VA, and TN (some areas of FL, as well).

As part of our business practices, we also serve as consultants for investors guiding them to network with other investors and educating them in locating and structuring transactions. Rarely, if ever, will you find a hard money lender willing to invest in your success like Carolina Capital Management.

Listen to our Podcast: https://thealternativeinvestor.libsyn.com/

Visit our website: https://carolinahardmoney.com

YouTube Channel: https://www.youtube.com/channel/UCYzCFOvEt2n9TchgECLwpww/

Facebook: https://www.facebook.com/CarolinaHardMoney/