Real Estate Investing with RealDealCrew

Conflict is unavoidable and it's everywhere. Whether it's in your personal life or business it is impossible to completely avoid.

Here are some conflicts we are currently working through:

Property Line dispute

Several Tenants hate us

Evictions

Neighbors have complaints at almost every flip

Are you conflict averse? Can you avoid conflict by choosing another industry? Typically no and we chat about our experiences in the tech and photography industry.

more show notes at reirookies.com

Jeff Schechter, aka “Shecky” has had the entrepreneurial bug his entire life. He started his first business right out of college, and over the years been involved in numerous businesses ventures. His love for real estate investing began in the 1980’s, when he rehabbed 5 of his own residences, before the term “house-hacking” even existed.

Since those early days of torn up kitchens and bathrooms, he’s bought and sold many properties, and is an active investor to this day.

Today’s guest is Cliff Hayden, real estate investor and founder of ShowMeTheRental.com, an online software that automates the most difficult part of property management: finding and screening qualified leads. Since developing ShowMeTheRental, Cliff is able to focus on his business and let the website manage the leads so that he can spend more quality time with the people he loves. The journey wasn’t easy, but it was worth it. He’s here to share his journey with us.

Mark Willis is a man on a mission to help you think differently about banks, Wall Street's abuses and from financial uncertainty. As co-host of the Not Your Average Financial PodcastTM, he shares some of his strategies for investing in real estate, saving and paying for college without going broke, and creating an income in retirement you can't outlive. Mark works with people who want to grow their wealth in ways that are safe and predictable.

Bruce Mack, of MaxLeadPro.com, has 40+ years experience being a successful Entrepreneur. In the two most recent decades, he became a licensed Financial Adviser, Real Estate Investor, Speaker, an Author and a Software Developer. His previous business experiences led to his co-founding a start up business to business software company that delivers to companies what they all want and need... leads. Thus, Max Lead Pro was born.

This week we chat about some small cost things that can be done to your fix and flips or rentals that make a big impact. Walk through your property as a buyer would and pick it apart. There are some easy things to greatly improve first impressions, add value, increase the sale price, or help with a quicker sale.

This conversation was spurred by one of our recent flips. The basement it was dark and dingy. A few hours and a couple of gallons of paint make it a usable clean storage space.

This week Jack chats with Tim Bratz (pronounced “Brotts”) is the CEO and founder of CLE Turnkey Real Estate, a real estate investment company that acquires and transforms distressed apartment buildings into high-yield assets for their own portfolio. Working in real estate, Tim has built a passive business and created a residual income that allows him to live the lifestyle of his choice. He’s here to educate and empower others to become financially free through commercial real estate.

We've all have heard, and even have said, Buy Low - Sell High but when it comes to fix and flipping homes there is only one of these that you have any control over. This week we chat about:

The market and selling is a tidal wave that you can't effect, it is a giant unwieldy beast that does what it wants

Justify into a higher sale price - can't be done

Don't over-rehab past the neighborhood norm

Price/sq ft - make sure it's a true comp

The best you can hope to do is sell at your ARV, but...

Known as “the Land Guy,” Jack Bosch is a real estate investor, educator, husband, and father. Originally an immigrant from Germany who came over with just 2 suitcases and a bunch of student debt, Jack (with his wife Michelle) have found their niche in Real Estate. Since 2002, they have been buying and selling lots and unimproved land and have flipped more than 4,000 transactions. It only took them 18 months to go from Zero to $1M. Since 2008, Jack and Michelle also have been educating those who...

This episode was inspired by a recent email we received from a buyer. The email contained a list of issues that she was bringing to our attention. Initially, we felt defensive but when making a quick call she wanted very little in rectifying the issues. 

don't negotiate against yourself

calculate your offer and then offer it

don't assume peoples motivation

one powerful question to ask

Interested in Turnkey Rental Properties? Head over to FargoTurnkey.com for more information.