Peer 2 Peer Real Estate's podcast

Hello Everyone:

On today's show I talk about investing in other industries besides real estate.

I've heard many times, that nothing is better than real estate investing. And in my opinion that is wrong, After listening to the show, read the following articles and see where some millionaires and billionaires invest their money or start their businesses.

I'm not saying that real estate is bad, it's a great investment vehicle to be in but just be aware that other industries has created just as much rich individuals as real estate.

Check out some of these articles on the top industries to be involved in.

Housing Market

Article Courtesy of Realtor.com

https://magazine.realtor/daily-news/2022/02/04/competition-remains-unseasonably-strong

Industries to make you a millionaire-Article by Solayman Rumon

https://medium.com/best-link-digital/9-industries-most-likely-to-make-you-a-millionaire-37741fe6e6e6

Article by- Lisette Voytko

https://www.forbes.com/sites/lisettevoytko/2021/04/08/how-billionaires-got-so-rich-in-2021/?sh=4c4b1d6492c0

You can find me at

• @WilliamP2PRE (Twitter)
• https://www.linkedin.com/in/williemorales/
• https://www.peer2peerrealestate.com/

Thanks for listening.

What did you think about the topic? leave your comments below.

Please go to Apple Podcasts look for us at Peer 2 Peer Real Estate Podcasts, subscribe and leave a review

Keep the momentum going, Good things will happen.

Thank you and Stay safe.

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About Charlotte Dunford :

Managing Partner

Charlotte is a graduate of The Georgia Institute of Technology where she earned her B.S. in Business with a focus on business analytics and technology.

Charlotte, along with her business partners, currently sponsors the repositioning of 24 value-add and turnaround mobile home parks.

BUY RIGHT

Buying right triggers all actions required to achieve the desired returns. We buy at a higher cap rate above 8%

RAISE RENTS

Lot rents are incredibly low to begin with, leaving us significant room to raise rents. With the ever increasing affordable housing demand, the gap between lot rents and apartment/house rents are growing bigger everyday.

On Today's Show Charlotte Discusses.

• What are Mobile Home Parks
• How and Why Charlotte Invests in Mobile Homes
• How does the Market Look For Mobile Homes
• The Finances of Mobile Home Parks
• What's Next For Johns Creek Capital
• And much more...........

Links From The Podcast

• https://www.johnscreekcapital.com/
• linkedin.com/in/charlotte-d-a03139189
• [email protected]
• https://www.peer2peerrealestate.com/
• https://www.linkedin.com/in/williemorales/
• https://www.facebook.com/peer2peerrealestate
• @WilliamP2PRE (Twitter)

Thank you Charlotte For Being On The Peer 2 Peer Real Estate Podcast

Book Recommended

• Zero to One- Blake Masters & Peter Thiel

What did you think about the topic? leave your comments below.

Please go to Apple Podcasts look for us at Peer 2 Peer Real Estate Podcasts, subscribe and leave a review

Keep the momentum going, Good things will happen.

Thank you and Stay safe.

Hosted on Acast. See acast.com/privacy for more information.

This is an old interview I did partnering with REDinNYC:

About Don Peebles:

Recognized as one of the most successful entrepreneurs in the nation, Don Peebles is founder, chairman and CEO of The Peebles Corporation, one of the country’s few privately held national real estate investment and development companies. Mr. Peebles engages in practices of Affirmative Development™ with a multi-billion dollar portfolio of projects in New York, Boston, Philadelphia, Washington D.C., Charlotte, Miami, San Francisco, and Los Angeles.

Mr. Peebles is also the author of top-selling books, “The Peebles Principles” and “The Peebles Path to Real Estate Wealth,” a regular guest host on CNN, CNBC and FOX and a highly sought-after speaker who has addressed educational, business and professional audiences across the United States.

Mr. Peebles is a passionate proponent of mentoring programs that expose youth to the value of entrepreneurship, as well as an active political supporter and fundraiser for local, state and federal campaigns of both major parties. He serves as Ambassador to the University of Southern California, on the Board of Directors of YMCA of Greater New York and on the Business Roundtable of Miami-Dade County Mayor Carlos Gimenez.

Previously, he has served on the National Finance Committee of President Barack Obama, on the Board of the Greater Miami Convention and Visitors Bureau and is the former Chairman of the Congressional Black Caucus Foundation.

You can find Don at :

• http://peeblescorp.com/

Corporate Offices

NEW YORK CITY

50 West Street, 3rd Floor

Entrance on Washington Street

New York, NY 10006

o: 212.355.1655

WASHINGTON, D.C.

1750 H Street, NW, Suite 300,

Washington D.C. 20006

o: 202.625.2183

You can find me at

• http://peer2peerrealestate.com/

Thank you.

Please stay safe everyone.

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About Chris:

Bentley Fine Properties is a residential and commercial real estate brokerage based in Plano and owned by Chris D. Bentley. We specialize in helping people relocate to the Dallas, Texas area. At Bentley Fine Properties, we put a greater emphasis on leveraging social media to enhance communication, acquire new business, and get more deals done. We aim to exceed client expectations and look forward to making you our next client.

🏠 Broker/Owner | Bentley Fine Properties

🏅Voted 2017, 2018, and 2019 D Magazine Best Realtor

📚 4x Published Author

💰 6x Multi-Million Producer

🎥 100+ videos on YouTube

🎙 17+ Podcast Guest Interviews

🏆 #13 of Top 20 Dallas Realtors on Social Media in 2018 and 2019

On Today's Show Chris Discusses

• How Chris Started HIs Career
• If Interest Rates Go Up How Will It Affect Real Estate
• Did Zillow Stopping Their Buying Platform Hurt The Market
• Can The Market Head into a Correction in 2022
• How Wise Is Buying A Property Above Asking
• And Much More.......

Links From The Podcast

• https://bentleyfineproperties.com/
• https://www.facebook.com/bentleyfineproperties/
• https://www.instagram.com/bentleyfineproperties/
• https://www.linkedin.com/company/bentley-fine-properties/about/?viewAsMember=true
• https://www.youtube.com/channel/UCGQTL_aLigFcSgdQJfjQP8w
• [email protected]
• https://www.linkedin.com/in/williemorales/
• https://www.peer2peerrealestate.com/
• https://www.facebook.com/peer2peerrealestate
• @WilliamP2PRE (Twitter)

Book Recommended

• Look for David's article's on Newsweek and Entrepreneur Magazine

Thank You Chris for being on Peer 2 Peer Real Estate Podcast

What did you think about the topic? leave your comments below.

Please go to Apple Podcasts look for us at Peer 2 Peer Real Estate Podcasts, subscribe and leave a review

Keep the momentum going, Good things will happen.

Thank you and Stay safe.

Hosted on Acast. See acast.com/privacy for more information.

Hello Everyone

On today's show I talk about what is a lease purchase,? most sellers will ask that question if you present that to them.

And we give them the pro's and con's of why this either is good or bad for the seller , we give them a package so they can make up their minds.

Some pro's for seller

• Deed is still in their name
• Get asking price
• Tax breaks
• No maintenance issues
• More buyers at the ready
• No vacancies, payment is made regardless of whether house is occupied or not

Some pitfalls of lease purchase

• T/B changes won't buy, will need to re-negotiate terms with seller
• House is damaged, In that case we would need to make repairs, (very rare that happens)
• Value of house increases- but contract is signed, so seller can't realize gain.

Example Of A Lease Purchase Deal

123 Main St Anywhere USA, 00000

Property for sale @ $200,000- Seller owes $100,000, wants full asking price.

You agree on price, here are the terms.

Purchase Price $200,000

Monthly lease payment to seller $1500.00 per month= includes taxes and insurance

Term 36 Months

WE SELL TO TENANT/BUYER on a rent to own contract, T/B is in charge of repairs, taxes, etc.

Sell Price $225,000

We ask for 10% down payment=$22,500 to us

Monthly Payment from T/B $1800=$300.00 cash flow to us.

On sell price we pocket $25,000 ( We sell for $225,000 vs Seller asking $200,000)

1 Year term, reason if T/B can't qualify, we can put someone else in.

So here's the breakdown:

Seller asks We Sell

$200,000 $225,000

Monthly Pymnt to seller Monthly Pymnt from T/B to us

$1500,00 $1800.00

$300.00 cash flow per month= $3,600.00

Taxes & Insurance paid by Tenant/Buyer

Final Totals we can make, before taxes, fee's etc.

$25,000 on sale price

$22,500 on down payment

$3,600 on cash flow

= $51,100

Should you buy real estate, or no in 2022?

https://www.entrepreneur.com/article/402059 By Melissa Brock

Building Lists

• Listsource.com
• Propstream.com
• Propertyshark.com
• Redfin.com
• Zillow.com

Book I Recommend

• Lease Options -Wendy Patton

Thanks For Listening

What did you think about the topic? leave your comments below.

Please go to Apple Podcasts look for us at Peer 2 Peer Real Estate Podcasts, subscribe and leave a review

Keep the momentum going, Good things will happen.

Thank you and Stay safe.

Hosted on Acast. See acast.com/privacy for more information.

About Erik:

Cost Segregation Authority was first established in 2006 at the infancy of modern cost segregation services. It was founded in large part by a father and son team who had spent their career in the construction industry and became passionate about the tax-saving strategies associated with real estate investments.

You will find most cost segregation firms are full-time CPA firms or offer a dozen other services to maintain their margins. At Cost Segregation Authority our focus is exactly as our name implies.

On Today's Show Erik Discusses

• What Cost Segregation is
• How Commercial Investors Benefit From Cost Segregation
• Will Biden's Tax Hike Proposals Hurt Real Estate Investors
• How Single Family Investors Can Benefit From Cost Segregation as well
• What is 179D Energy Credits
• What is 45L Credits
• And Much More.

Links From The Podcast

• https://costsegauthority.com/
• https://www.facebook.com/costsegautho...
• https://twitter.com/costsegnow
• https://www.linkedin.com/company/cost...
• [email protected]
• https://www.peer2peerrealestate.com/
• @WilliamP2PRE (Twitter)
• https://www.linkedin.com/in/williemor...

Book Recommended

• Tax Free Wealth- Tom Wheelwright

Thank You Erik for being on Peer 2 Peer Real Estate Podcast

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Hello everyone.

I'm pretty sure by now you heard about Zillow's Ibuying platform that had to be shut down because of their buying criteria, They bought houses above asking price, made some renovations, and try to sell at retail.

But since most buyers, whether investors or home buyers, they look at comps, they don't buy without doing their due diligence.

Check out the rest of the article here: https://www.wired.com/story/zillow-ibuyer-real-estate/

Platforms where you can look at comps.

• Propstream.com
• Realtor.com
• Ownerly.com
• Geodataplus.com
• Propertyshark.com

What did you think about the topic? leave your comments below.

Please go to Apple Podcasts look for us at Peer 2 Peer Real Estate Podcasts, subscribe and leave a review

Keep the momentum going, Good things will happen.

Thank you and Stay safe.

Hosted on Acast. See acast.com/privacy for more information.

The First One :

What do I mean by that? It was my first Real Estate Deal! Back in September 2017.

That’s when I made my first property investment, before that I had invested in Reits and my Employer had also real estate stocks which I invested in.

So what was this purchase? It was a single family property in Pennsylvania. Below are bullet points on my step by step purchase.

Beginning Steps

• Looked online using realtor.com
• The property I was interested in was on the market for about 90-100 days or so
• Talked to the realtor about the property, which was banked owned.
• My goal was to purchase with cash.
• Explained to realtor my goal of purchasing, and re-selling with myself carrying the note.
• Made an offer of $8,000 cash for the 3 bed- 2 bath single family, bank said no. property was being sold for $27,000

Realtor was amazing (no longer in business) he took pictures, and videos, I never went there.

Two weeks later realtor called and said if my offer still stands, I said yes.

Now the fun begins, since there are rules in place for buying cash and re-selling using owner financing, I had to use third party services.

The realtor had a buyer in place, Buyer had the downpayment, but credit was ok at best, unfortunately most banks do not fund any purchase usually under $75,000. and this is where we come in to help potential homeowners.

Some steps I took to secure the deal

• Found a Mortgage loan Originator to find out if the buyer can qualify for a Mortgage.
• Used a screening tenant company to see if the buyer had any evictions, etc.
• Using a loan servicing company to collect payments.
• Closed the deal with a title company
• Got Insurance for the property
• Re-sold for $27,000, 10% down, 96 month term 8% interest
• Cash flow is 343.52 - $35.00 (loan service fee) = $308.52

Books I recommend

• The Art of Owner Financing- Mitch Stephen
• Real Estate on Your Terms- Chris Prefontaine
• Lease Option & Subject To- Wendy Patton

What did you think about the topic? leave your comments below.

Please go to Apple Podcasts look for us at Peer 2 Peer Real Estate Podcasts, subscribe and leave a review

Keep the momentum going, Good things will happen.

Thank you and Stay safe.

Hosted on Acast. See acast.com/privacy for more information.

About Tom:

I am the founder of Cruz Properties, an investment company that owns and manages $25MM in residential and commercial real estate throughout the southeastern United States.

Tom Cruz is a Section 8 investor that has 400 rental properties in NC, SC, TN, and OH.

Tom has 9 years of experience acquiring properties optimized for the Section 8 program, secured over $25,000,000 in commercial & creative financing, built highly efficient property management teams, and aggressively scaled his Section 8 portfolio in less than a decade.

On Today's Show Tom Discusses

• What Section 8 is
• How Tom Got Into Section 8
• Tom's First Section 8 Deal
• His Process For Acquiring Deals
• The Section 8 Coaching Program
• And much more.....

Links From The Podcast

• https://www.linkedin.com/in/tcruznc/
• https://linktr.ee/cashflowpros
• aptohq.com
• https://section8formula.com
• [email protected]
• @cashflowpros
• https://peer2peerrealestate.com/
• www.facebook.com/peer2peerrealestate
• https://www.linkedin.com/in/williemorales/
• @Williamp2pre (Twitter)

Books Recommended

• Rich Dad Poor Dad- Robert Kiyosaki
• Cash Flow Quadrant- Robert Kiyosaki
• Fast Lane To Millions- MJ Demarco

Thanks Tom for being on the Podcast

What did you think about the topic? leave your comments below.

Please go to Apple Podcasts look for us at Peer 2 Peer Real Estate Podcasts, subscribe and leave a review

Keep the momentum going, Good things will happen.

Thank you and Stay safe.

Hosted on Acast. See acast.com/privacy for more information.

About Curtis :

Clients hire me because I understand the value in making progress quickly. I have a unique program that doesn't make the mistake so often made in financial services-only planning for the distant future. I know that, while long term planning is important, everyone has current financial needs they need help with.

My unique program helps clients find money they often don't realize they're losing, and apply it to a wealth building strategy which complements their long term goals and current lifestyle needs. The clients we tend to work with want to become financially independent, usually before age 65.

They are business owners, investors and families who are tired of giving up control of their hard earned money to strangers, and tired of relying on the stock market to continuously increase in value. Our clients want more control over their money. They are committed to lifelong learning and know that with the right education, they can find the best solution for their financial wellbeing.

On Today's Show Curtis Discusses

• Why Curtis Got into Finance
• Some Mistakes Curtis Made Early on With His Finances
• How Curtis Learned About Finance
• His 5 Principles Of Personal Finance
• Curtis' The Practical Wealth Podcast
• And much more..........

Links From The Podcast

• https://www.podpage.com/the-practical-wealth-show/
• https://www.linkedin.com/in/curtismay/
• alphaomegawealth.com/
• https://curtmay.clickfunnels.com/presell-page22061466#section--29727
• https://www.peer2peerrealestate.com/
• https://www.linkedin.com/in/williemorales/
• https://www.facebook.com/peer2peerrealestate
• @Williamp2pre ( Twitter)

Books Recommended

• Richest Man in Babylon- George Clason
• Rich Dad Poor Dad- Robert Kiyosaki
• Creating Wealth- Robert Allen
• The 12 Week Year- P. Moran & Michael Lennington
• Principles Base Planning -Kyle Christensen
• Become your own banker- R Nelson Nash
• Money For Life -Jeffery Reeves
• From the Trash Man to The Cash Man- Myron Golden
• The Millionaire Maker -Loral Langemeier
• BETHEBANK TEXT TO 55444 For a Free Report :The Value of Liquidity

Thank you Curtis for being on peer 2 peer real estate podcast.

What did you think about the topic? leave your comments below.

Please go to Apple Podcasts look for us at Peer 2 Peer Real Estate Podcasts, subscribe and leave a review

Keep the momentum going, Good things will happen.

Thank you and Stay safe.

Hosted on Acast. See acast.com/privacy for more information.