Real Estate Investing with RealDealCrew

Welcome to the REI Mastermind Network, where we bring you the latest insights and inspiration from successful real estate investors and entrepreneurs. In today's episode, we have the pleasure of hosting John Schuchman, a seasoned realtor and relationship-focused investor.

John's journey in the real estate industry began with a background in sales and relationships, which instilled in him a deep appreciation for the freedom and imagination that comes with being an entrepreneur. Overcoming the challenges of ADHD, John found his true calling in real estate, where he discovered the power of trust and genuine connections.

Throughout this episode, John shares valuable lessons learned from his own experiences, including the importance of building strong relationships with clients and tenants, the impact of social media on business growth, and the value of leaving reviews for others. He also reflects on past financial habits, the significance of budgeting, and the benefits of thinking critically before making impulsive decisions.

John's openness about his personal struggles and the strategies he has implemented to overcome them is truly inspiring. From his advice to his younger self to pursue entrepreneurial endeavors at a young age to his reflections on the necessity of involving his wife in financial decisions, John's story will resonate with aspiring investors and seasoned professionals alike.

So, whether you're looking to enhance your real estate business, improve your investment strategies, or simply find motivation in John's journey, sit back and join us as we explore the wisdom and insights of John Schuchman on this episode of the REI Mastermind Network. Let's dive in!

Connect with John Schuchman: https://johnschuchman.com/LIKE • SHARE • JOIN • REVIEW

• Website
• Join the REI Mastermind Network on Locals!
• Apple Podcasts
• Google Podcasts
• YouTube
• Spotify
• Stitcher
• Deezer
• Facebook
• Twitter
• Instagram

SUPPORT THE SHOW!

• Self Managing Your Rental Properties? Get 6 months of RentRedi for $1! Click this link!
• If you are new to Wealthfront, and open a Cash Account, you'll get a 0.50% APY boost for 3 months.
• Open an Automated Index Investing Account or Automated Bond Portfolio, you'll earn $5,000 managed for free.
• Get $10 and Reduce Your Business Costs by Shopping at AppSumo • https://bit.ly/reiappsumo
• Get $10 Towards Your First Purchase at Drop • https://drop.com/?referer=3DC729

"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack

Welcome back to the REI Mastermind Network! In this episode, we have a wealth of knowledge to share with you, courtesy of our incredible guest experts, Melanie Sikma and Byron McBroom. We dive right into the world of real estate finance management, discussing the benefits of using QuickBooks online and the importance of having dedicated financial accounts. Learn how these tools can simplify your financial tracking and make it easier to determine which expenses are deductible.

But that's not all - we also explore the fascinating strategy of a deferred sales trust or extended escrow trust. Discover how this approach can help you navigate capital gains tax concerns when buying or selling a property. Our experts break down the process step by step and discuss the potential benefits, particularly for elderly sellers with limited income.

And speaking of tax strategies, we delve into the significance of choosing the right entity for your real estate investments. Whether it's an LLC for buying and holding properties or an S corporation for flipping properties - our guests provide valuable insights on how the right entity selection can significantly impact your tax obligations. Learn how to avoid costly mistakes and potentially save up to 15% in taxes!

We also tackle a range of other topics, including the importance of documenting and organizing receipts, the significance of core values in business decision-making, and the tax implications of hiring children in your business. Plus, we hear compelling stories about protecting your assets, getting second opinions on taxes, and the incredible opportunities for tax deferral through strategic real estate investments.

So grab a cup of coffee and get ready to dive into another exciting episode of the REI Mastermind Network. Stay tuned for expert advice, invaluable tips, and compelling stories that will empower you on your real estate journey. Let's get started!

LIKE • SHARE • JOIN • REVIEW

• Website
• Join the REI Mastermind Network on Locals!
• Apple Podcasts
• Google Podcasts
• YouTube
• Spotify
• Stitcher
• Deezer
• Facebook
• Twitter
• Instagram

SUPPORT THE SHOW!

• Self Managing Your Rental Properties? Get 6 months of RentRedi for $1! Click this link!
• If you are new to Wealthfront, and open a Cash Account, you'll get a 0.50% APY boost for 3 months.
• Open an Automated Index Investing Account or Automated Bond Portfolio, you'll earn $5,000 managed for free.
• Get $10 and Reduce Your Business Costs by Shopping at AppSumo • https://bit.ly/reiappsumo
• Get $10 Towards Your First Purchase at Drop • https://drop.com/?referer=3DC729

"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack

On this episode of REI Mastermind Network, host Jack Hoss welcomes guest Derek Dombeck to discuss the pitfalls of using personal homes as leverage in real estate investments. Derek shares his own firsthand experience with negative consequences and dispels the myth of using lines of credit for house flipping or property purchases. He emphasizes the importance of understanding the personality type of the person he's negotiating with, adjusting his communication style accordingly. Derek provides valuable tips on using an elevator pitch, solving the other person's problem, and employing effective negotiation strategies. He also shares insights from his upcoming book on the lending business, co-authored with notable individuals and published by Kyle Wilson. Derek discusses the Generations of Wealth conference, which he and his friends took over and renamed, highlighting its focus on content sharing and networking. He invites listeners to attend the conference in Cancun and expand their network. Derek stresses the significance of building genuine relationships with clients, citing real-life examples of successful deals that required compassionate conversations. He delves into his involvement in short-term regional lending, offering investors a 9% return and prioritizing customer service. Derek also discusses the potential challenges and opportunities in the current market, sharing alternative methods of buying properties without relying on banks. He explains the "subject to" strategy and the risks involved, cautioning about triggering the due on sale clause in most mortgages. Overall, this episode provides invaluable insights and practical advice for navigating the real estate industry and achieving success.

Connect with Derek Dombeck at https://bestreifunding.com/
Get Derek Dombeck's free ebook by sending and email to [email protected]

Topics Covered:
1. Frustration with using personal homes as leverage for real estate investments- Negative consequences of this practice- Myth of taking out lines of credit for house flipping or property purchases
2. Importance of understanding the personality type of the person being talked to in property deals- Adjusting communication style based on personality type- Using elevator pitch to set expectations and overcome objections
3. Negotiation strategies and the importance of helping others solve their problems- Asking questions, listening attentively, and avoiding cutting people off- Creative deal structuring and negotiating skills
4. The speaker's book about the lending business and potential titles- Background as a construction worker and involvement in flipping houses and rental properties- Co-ownership of successful lending company
5. Co-authoring a second book with other notable individuals and its publisher- Offering electronic versions of both books to listeners who email the speaker
6. Importance of learning negotiation strategies and focusing on building relationships- Using tactics such as recording phone calls, paying attention to tone and body language, and building rapport- Caution against manipulative use of these techniques
7. Addressing potential negatives and objections in real estate conversations- Preemptively overcoming objections and guiding towards the proposed solution- Specific examples of dealing with difficult situations and creating successful deals
8. Generations of Wealth conference hosted on a cruise ship- Focus on content sharing and networking, no speaker pitches- Encouraging children to attend and build networks
9. Inviting listeners to attend the conference in Cancun and expand their network- Importance of building genuine relationships with clients- Example of receiving Christmas cards from past clients
10. Speaker's involvement in short term regional lending in Wisconsin- Background in flipping houses and raising private capital- Offering investors a 9% return and lending at 12% with six month terms
11. Being 100% privately funded and not selling loans to hedge funds- Prioritizing customer service and striving to be the best REI funding- Difficulties experienced during the 2007 downturn and the impact of government regulation
12. Alternative methods of buying properties without banks or a lot of personal cash- Strategies such as lease options and master leases to control properties- Finding cash flowing properties in the upper Midwest region, particularly in Wisconsin
13. Ethical and moral practices that benefit both buyers and sellers- Explanation of buying properties "subject to" existing financing- Triggering due on sale clause and potential risks involved
14. Risks involved in buying properties "subject to" and the importance of being able to pay off the loan if it gets called due- Purchasing properties "subject to" in a trust to mitigate risks- Examples of homeowners suffering during the last market crash due to properties purchased "subject to"

LIKE • SHARE • JOIN • REVIEW

• Website
• Join the REI Mastermind Network on Locals!
• Apple Podcasts
• Google Podcasts
• YouTube
• Spotify
• Stitcher
• Deezer
• Facebook
• Twitter
• Instagram

SUPPORT THE SHOW!

• Self Managing Your Rental Properties? Get 6 months of RentRedi for $1! Click this link!
• If you are new to Wealthfront, and open a Cash Account, you'll get a 0.50% APY boost for 3 months.
• Open an Automated Index Investing Account or Automated Bond Portfolio, you'll earn $5,000 managed for free.
• Get $10 and Reduce Your Business Costs by Shopping at AppSumo • https://bit.ly/reiappsumo
• Get $10 Towards Your First Purchase at Drop • https://drop.com/?referer=3DC729

"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack

On this episode of REI Mastermind Network, our guest, Artem Milinchuk, discusses the intricacies of investing in farmland. He starts by explaining why debt is not accretive in farmland due to low interest rates and how returns in the rental model are about 6-7% net IR after fees. He then delves into the direct operated model, which offers a higher return of 9-11% with the potential for even higher returns. Milinchuk emphasizes that investing in farmland is seen as a defensive move against inflation, as farmland does not depreciate and can appreciate with proper soil care. Throughout the episode, Milinchuk provides valuable insights on selecting target markets for investment in farming. He highlights the significance of vibrant farmer markets and renting land in the United States, revealing that 140% of farmland is rented out in the US, and 98% of farms are owned by families. Renting land has been a common practice for decades, allowing farmers to create multiple revenue streams. Milinchuk explains how they focus on areas with existing vibrant ecosystems, using California's almond production as an example. Additionally, Milinchuk explores the unique aspects of farmland investing, from the long-term yields of orchards and trees to the various strategies investors can pursue. He emphasizes the importance of location and discusses the advantages of US agriculture, including excellent infrastructure for exporting products. Milinchuk also touches on their internal technology called terra, which aids in finding, analyzing, underwriting, transacting, and managing land. Furthermore, Milinchuk addresses the challenges of educating people about farmland and how it is often overshadowed by trendy investments like NFTs and Pokémon cards. He advocates for farmland as a stable and reliable asset class, comparing it to "salad" while dismissing trendy investments as "gummy bears." He shares the story of a crowdfunding deal for an apple orchard development in Vinatchi, Washington, called Galaxy Orchard, which has become the largest crowdfunding deal in the US. As the conversation progresses, Milinchuk emphasizes the importance of proper capitalization, weather considerations, and the significance of finding the right operators and tenants. He shares experiences dealing with unique tenants and highlights the importance of great partners in the direct operated model. Milinchuk concludes by emphasizing the value of hiring and retaining exceptional talent, drawing inspiration from the success of OpenAI and the power of small dedicated teams. Tune in to this episode of REI Mastermind Network to gain valuable insights into the world of farmland investing and learn from the expertise of our guest, Artem Milinchuk.

Connect with Artem Milinchuk: https://farmtogether.com/LIKE • SHARE • JOIN • REVIEW

• Website
• Join the REI Mastermind Network on Locals!
• Apple Podcasts
• Google Podcasts
• YouTube
• Spotify
• Stitcher
• Deezer
• Facebook
• Twitter
• Instagram

SUPPORT THE SHOW!

• Self Managing Your Rental Properties? Get 6 months of RentRedi for $1! Click this link!
• If you are new to Wealthfront, and open a Cash Account, you'll get a 0.50% APY boost for 3 months.
• Open an Automated Index Investing Account or Automated Bond Portfolio, you'll earn $5,000 managed for free.
• Get $10 and Reduce Your Business Costs by Shopping at AppSumo • https://bit.ly/reiappsumo
• Get $10 Towards Your First Purchase at Drop • https://drop.com/?referer=3DC729

"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack

On this episode of REI Mastermind Network, we dive into the world of credit unions and how they can benefit real estate investors and small business owners. Our guest, Mark Ritter, shares valuable insights about how credit unions have control over their money and portfolio, offering competitive rates and friendly terms. He emphasizes that credit unions are not-for-profit financial organizations that require membership, and highlights the advantages of building a relationship with these institutions. Mark explains that credit unions prioritize expanding their membership and understanding their borrowers' financial responsibility, making them a great option for those starting out in real estate. Additionally, he discusses the importance of vetting credit unions and finding the right fit for individual needs. Mark also sheds light on the lending process, emphasizing the importance of transparency and providing necessary information such as tax returns and financial statements. He cautions against quick and easy loans, urging borrowers to take the time to find a lender that aligns with their goals and values. Lastly, Mark shares his personal experience working with credit unions and talks about the pride he takes in helping small lenders grow their portfolios. Don't miss this episode full of valuable insights and advice on navigating the world of credit unions for real estate financing.

Connect with Mark Ritter at https://markritter.com/

Topics Covered:
1. Introduction to Credit Unions and their control over money and portfolio- Credit unions' ability to assess property value after rehab and stabilization- Different lending criteria of credit unions based on cost, rehab, and increased value- Offer acquisition loans and cash out values once properties are stabilized
2. Importance of Soft Money Lenders in increasing property value before working with credit unions- Consideration of current market value of properties by credit unions- Regulation and role of credit unions as financial institutions- Loan process requiring quantitative and qualitative information
3. Understanding Borrower's goals and plans as a focus for credit unions- Range of financial services offered by credit unions, not just loans- Friendly terms and no prepayment penalties for credit union loans- Flexibility in decision-making due to lending money from local deposits
4. Role and Structure of Credit Unions- Election and unpaid nature of credit union board of directors- Involvement in the community through running for the board of directors- Accessibility and community involvement of credit union management
5. Benefits of Credit Unions for Real Estate Investors and Small Business Owners- Desire for better relationships with financial institutions and being known by those in charge- Credit unions as a preferred option and their non-profit, cooperative nature- Overview of credit union services such as auto loans, ATMs, and drive-throughs
6. Overlooking credit unions as a financing source for real estate investors- Highlighting competitive rates, friendly terms, and conversational loan processes- Membership requirement for credit unions and their expansion beyond limited groups- Credit unions as a good option for starting out in the real estate business
7. Better understanding and approval of credit union loans for members- Prioritization of membership expansion by credit unions- Vetting credit unions through website research for business and lending services- Asking about relationships and fit with credit union's services and needs
8. Syndication and collaboration among credit unions to increase lending capacity- Companies like MBFS facilitating collaboration and matching with local credit unions- Decreasing liquidity and cautious approach to new relationships due to inflation- Credit unions' role as partners for real estate investors in difficult times
9. Importance of open communication with lenders during financial difficulties- Assistance and support from credit unions when facing delinquency- Early communication with lenders for better resolution of financial challenges- Speaker's experience in helping someone build a real estate portfolio over time
10. Speaker's work with various credit unions and preference for community lenders- Speaker's role in helping small lenders grow their portfolio- Transparency and information required by credit unions for loan evaluation- Understanding one's position and needs in the lending universe before borrowing
11. Importance of interviewing lenders and finding a good fit for one's needs- Referrals and interviews to ensure lender compatibility with goals- Warning against quick and easy loans leading to unfair terms- Positive borrowing experience through careful lender selectionLIKE • SHARE • JOIN • REVIEW

• Website
• Join the REI Mastermind Network on Locals!
• Apple Podcasts
• Google Podcasts
• YouTube
• Spotify
• Stitcher
• Deezer
• Facebook
• Twitter
• Instagram

SUPPORT THE SHOW!

• Self Managing Your Rental Properties? Get 6 months of RentRedi for $1! Click this link!
• If you are new to Wealthfront, and open a Cash Account, you'll get a 0.50% APY boost for 3 months.
• Open an Automated Index Investing Account or Automated Bond Portfolio, you'll earn $5,000 managed for free.
• Get $10 and Reduce Your Business Costs by Shopping at AppSumo • https://bit.ly/reiappsumo
• Get $10 Towards Your First Purchase at Drop • https://drop.com/?referer=3DC729

"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack

On this episode of REI Mastermind Network, host Jack Hoss sits down with guest Jake Wiley to discuss the importance of understanding who you're working with in syndications. The episode starts off by highlighting the crucial role that communication and individual attention play in successful investments. Wiley emphasizes that syndicators who have grown large may not always be accessible or responsive, so it's essential to find syndicators who prioritize investor involvement and are willing to answer questions. The conversation then shifts to the significance of asking questions before investing. Both guests stress that asking questions not only reduces risk for investors but also shows that they are engaged and proactive. They recommend face-to-face interaction over email or virtual communication, as it allows for a deeper understanding of the investment and builds trust between investors and syndicators. Wiley shares his recommendation of using the Feedly tool to aggregate news sources and stay informed about the real estate market. He believes that staying informed through this tool can make individuals more confident and less susceptible to hype or misinformation. The episode dives into the importance of mindset in real estate investing. Wiley and Hoss discuss the benefits of networking and building relationships with the right people, which can help investors progress faster and achieve economies of scale. They encourage listeners to overcome their fears, start asking questions, and develop relationships to succeed in real estate investing. Wiley reflects on his own experience, wishing he had learned about multifamily investments sooner. He explains that multifamily investments are achievable sooner than people realize, especially when working with a skilled operator who can make the investment more passive and yield similar returns. The episode concludes with Wiley providing one piece of advice that listeners can implement today: take the time to understand who you are working with and what they're doing. He emphasizes the importance of not blindly investing in someone based on their story or marketing, but rather thoroughly researching and evaluating potential partners. Wiley also highlights the role of assumptions in investment models, particularly in commercial properties, and the importance of understanding how these assumptions are modeled and whether cap rates are expected to go up or down. Throughout the episode, Wiley shares personal stories and experiences, including a cautionary tale about a government program in New Orleans that provided guaranteed rental income for landlords. He shares the challenges he and his wife faced when the program unexpectedly ended, leaving them responsible for collecting rent from tenants who couldn't afford it. This story serves as a reminder to fully understand the terms and incentives of a deal before investing and to not get caught up in hype or time-limited opportunities. Overall, this episode provides valuable insights into the importance of understanding who you're working with in syndications, asking questions, and staying informed about the real estate market. It emphasizes the need for patience, caution, and thorough research when investing, while also highlighting the potential opportunities available in the current market dynamics.

Connect with Jake Wiley: https://www.thelimitedpartner.com/LIKE • SHARE • JOIN • REVIEW

• Website
• Join the REI Mastermind Network on Locals!
• Apple Podcasts
• Google Podcasts
• YouTube
• Spotify
• Stitcher
• Deezer
• Facebook
• Twitter
• Instagram

SUPPORT THE SHOW!

• Self Managing Your Rental Properties? Get 6 months of RentRedi for $1! Click this link!
• If you are new to Wealthfront, and open a Cash Account, you'll get a 0.50% APY boost for 3 months.
• Open an Automated Index Investing Account or Automated Bond Portfolio, you'll earn $5,000 managed for free.
• Get $10 and Reduce Your Business Costs by Shopping at AppSumo • https://bit.ly/reiappsumo
• Get $10 Towards Your First Purchase at Drop • https://drop.com/?referer=3DC729

"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack

On this episode of REI Mastermind Network, our host, Jack Hoss, is joined by special guest, Alexander Cruz. They dive into the world of real estate investments and property management. First, they discuss the 1 percent rule for real estate investments and how it has been disregarded in certain markets. Alexander shares his experience with his own property, which is close to meeting the rule. He also describes his local market as unique and relatively affordable compared to coastal cities, attracting interest from both locals and out-of-town investors. The conversation then shifts to the importance of technology in property management. Alexander explains how his team uses a software called Asana for task management and organization. They have created templates in Asana to track the progress of each individual job and keep track of various details. Asana serves as a database to store information about utilities, paint color, and other project elements. Alexander emphasizes how Asana has been a game changer for his team. Next, they explore the challenges and rewards of property management. Alexander shares that his company has an internal property management team of over 10 people and has been managing rentals in Baltimore for over 7 years. They currently manage over 430 properties. They discuss the importance of property condition and location, as well as the screening process for tenants. Alexander also emphasizes the need for good communication with property owners and being responsive to their needs. The conversation then shifts to the potential of real estate investments to change lives. Alexander believes that investing in real estate can be life-changing and shares stories of investors from various age ranges, including a 19-year-old who is considered ahead of the curve and retired individuals seeking to diversify their investments. He also highlights the importance of having a champion warrior mindset, drawing inspiration from Tim Grover, who has trained and worked with athletes like Michael Jordan. Throughout the episode, Alexander shares personal stories and lessons learned from his own experiences in real estate investing. He emphasizes the importance of staying in one's lane, understanding property management agreements, and not overthinking the investment process. He also presents his own product, a renovated brick townhome that provides a stable product with low maintenance. The cost for a fully renovated house is around $200,000, and Alexander offers to place and manage the property on behalf of investors. Tune in to this episode of REI Mastermind Network to learn more about real estate investments, property management, and the potential for life-changing opportunities in the market.

Connect with Alexander Cruz: https://crofmaryland.com/LIKE • SHARE • JOIN • REVIEW

• Website
• Join the REI Mastermind Network on Locals!
• Apple Podcasts
• Google Podcasts
• YouTube
• Spotify
• Stitcher
• Deezer
• Facebook
• Twitter
• Instagram

SUPPORT THE SHOW!

• Self Managing Your Rental Properties? Get 6 months of RentRedi for $1! Click this link!
• If you are new to Wealthfront, and open a Cash Account, you'll get a 0.50% APY boost for 3 months.
• Open an Automated Index Investing Account or Automated Bond Portfolio, you'll earn $5,000 managed for free.
• Get $10 and Reduce Your Business Costs by Shopping at AppSumo • https://bit.ly/reiappsumo
• Get $10 Towards Your First Purchase at Drop • https://drop.com/?referer=3DC729

"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack

Alex Jarbo is a former military serviceman who served in the Marine Corps for 4 and a half years. With a year left on his enlistment, Alex decided not to reenlist and instead pursued a deep interest in various asset classes. He delved into stocks, crypto, businesses, mergers and acquisitions, but it was real estate that captured his attention due to the control it offered, particularly in terms of forced appreciation. Initially attracted to flipping houses, Alex joined a flipping mentorship program. However, during a call with the mentor in 2015, he discovered that the mentor's long-term wealth was tied to short-term rentals. Intrigued and fascinated, Alex decided to invest in short-term rentals himself. With the mentor's guidance, he learned how to choose a suitable market and what factors contribute to a successful short-term rental. Upon completing his military service, Alex relocated to Asheville, North Carolina. He obtained his real estate license and began searching for a short-term rental property to purchase. However, he encountered limited options within his price range that would have performed well as short-term rentals. Undeterred, Alex made the decision to build his first real estate investment – an 800 square foot A-frame property that he still owns today. This initial venture paved the way for further developments, turning 1 property into 2, and eventually growing to over $10 million in real estate with the help of investor capital. Moving forward, Alex has ambitious plans to triple his real estate investments in the coming year, continuing to leverage his expertise and passion for the industry.

Connect with Alex Jarbo at https://www.alexjarbo.comLIKE • SHARE • JOIN • REVIEW

• Website
• Join the REI Mastermind Network on Locals!
• Apple Podcasts
• Google Podcasts
• YouTube
• Spotify
• Stitcher
• Deezer
• Facebook
• Twitter
• Instagram

SUPPORT THE SHOW!

• Self Managing Your Rental Properties? Get 6 months of RentRedi for $1! Click this link!
• If you are new to Wealthfront, and open a Cash Account, you'll get a 0.50% APY boost for 3 months.
• Open an Automated Index Investing Account or Automated Bond Portfolio, you'll earn $5,000 managed for free.
• Get $10 and Reduce Your Business Costs by Shopping at AppSumo • https://bit.ly/reiappsumo
• Get $10 Towards Your First Purchase at Drop • https://drop.com/?referer=3DC729

"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack

On this episode of REI Mastermind Network, our guest, ResilientREI, shares their journey into real estate investing. They discuss their early experiences with purchasing properties and the lessons they've learned along the way. They provide recommendations for books and resources that helped them in their investment journey, and they emphasize the importance of having an exit plan before purchasing a property. ResilientREI also shares their positive experience with investing in unique townhouse condos and explains how they have been able to generate cash flow through these properties. They also dive into the creation of their platform, So Resilient REI, and their goal of eventually doing a full-time podcast to help syndicate deals for their audience. They highlight the importance of building a team and properly budgeting for property expenses to accurately evaluate the return on investment. Additionally, ResilientREI discusses their experience with finding a great property manager in Milwaukee and the benefits of owning rental properties. They touch on market uncertainty and provide advice on the types of investments to focus on. The episode concludes with ResilientREI reflecting on their initial struggles in the real estate industry and how those experiences ultimately led them to success in building their investment portfolio. Tune in to this episode of REI Mastermind Network to gain insights and inspiration for your own real estate investment journey.

Connect with ResilientREI: https://resilientrei.bio.link/LIKE • SHARE • JOIN • REVIEW

• Website
• Join the REI Mastermind Network on Locals!
• Apple Podcasts
• Google Podcasts
• YouTube
• Spotify
• Stitcher
• Deezer
• Facebook
• Twitter
• Instagram

SUPPORT THE SHOW!

• Self Managing Your Rental Properties? Get 6 months of RentRedi for $1! Click this link!
• If you are new to Wealthfront, and open a Cash Account, you'll get a 0.50% APY boost for 3 months.
• Open an Automated Index Investing Account or Automated Bond Portfolio, you'll earn $5,000 managed for free.
• Get $10 and Reduce Your Business Costs by Shopping at AppSumo • https://bit.ly/reiappsumo
• Get $10 Towards Your First Purchase at Drop • https://drop.com/?referer=3DC729

"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack

David Friedman is the founder of Knox, a platform that helps customers buy their new home while ensuring their old house remains a reliable long-term investment. The company provides a product called "Keep Loan" which offers access to equity in one's home in the form of cash. They help customers find a mortgage for their new home and also sign a master and sublease for the old house to offset any income issues. Knox takes over the operations of the investment by finding tenants, property management, rent collection, and providing insurance. David believes that keeping one's old home is one of the best investing opportunities, and he has made it easy for customers to achieve it.

Connect with David Friedman: https://www.linkedin.com/company/knoxfinancial/LIKE • SHARE • JOIN • REVIEW

• Website
• Join the REI Mastermind Network on Locals!
• Apple Podcasts
• Google Podcasts
• YouTube
• Spotify
• Stitcher
• Deezer
• Facebook
• Twitter
• Instagram

SUPPORT THE SHOW!

• Self Managing Your Rental Properties? Get 6 months of RentRedi for $1! Click this link!
• If you are new to Wealthfront, and open a Cash Account, you'll get a 0.50% APY boost for 3 months.
• Open an Automated Index Investing Account or Automated Bond Portfolio, you'll earn $5,000 managed for free.
• Get $10 and Reduce Your Business Costs by Shopping at AppSumo • https://bit.ly/reiappsumo
• Get $10 Towards Your First Purchase at Drop • https://drop.com/?referer=3DC729

"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack