Rental Property Owner & Real Estate Investor Podcast

My guest today has found a technology solution to help short-term rental hosts add new streams of income and boost their profits.

Madison Rifkin is the CEO and Founder of Mount, a startup company that is focused on enhancing the guest experience by enabling hosts to effortlessly and securely provide adventure-filled memories by upselling amenities—specifically via equipment rentals such as bikes, e-bikes, scooters, kayaks, paddleboards, surfboards, snowshoes, and beach equipment.

Madison shares how you can increase your profits by renting out amenities. We'll discuss how she founded Mount and the process she went through to raise venture capital as well.

Find out more:

www.rentmount.com

LinkedIn

Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.

https://www.livegreenlocal.com

And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.

https://www.rcbassociatesllc.com

How does the landscape look for real estate investors in 2023?

My guests today share the belief that no matter what's going on in the economy, real estate investing is the tried and true method of building wealth and cashflow.

Riley Oickle invests in small and large multifamily properties for long, mid, and short-term rentals, and James Svetec is a short-term rental consultant to Robert Kiyosaki and he's also the co-author of Airbinb for Dummies.

Today Riley shares his early mentorship experience with a seasoned real estate investor and how he was able to learn so much from this person in his early 20's, as well as the complimentary skills James and Riley bring to their vacation rental business.

We'll also discuss the boutique hotel model and compare notes on why that may be an opportunity to exponentially grow your vacation rental portfolio.

Find out more:

https://bnbmastery.com/

https://bnbinnercircle.com/

Social Media handles (@bnbinnercircle, @jamessvetec, @rileyoickleinvestor)

Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.

https://www.livegreenlocal.com

And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.

https://www.rcbassociatesllc.com

I have two incredible guests with me today to talk about a unique way to raise more equity for your deals without relying on limited partner investors.

Brittany Mosely is an Airbnb superhost who has owned and operated more than 20 units across the U.S., an asset manager for a 100+ unit co-living portfolio, and a rental arbitrager. Derrick Barker has built a 4,700-unit real estate portfolio worth over $400 million.

Both Derrick and Brittany uniquely understand the needs and opportunities of other real estate investors, especially those in the short-term rental space. Together they're the co-founders of Nectar, the cashflow-based financing platform for experienced short-term rental owners and managers.

Find out more:

http://www.usenectar.com

Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.

https://www.livegreenlocal.com

And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.

https://www.rcbassociatesllc.com

I'm thrilled to have Neal Bawa back on the show today. Neal is a data scientist and technologist who always has his finger on the pulse of the economy and the state of commercial real estate investing.

Neal is also a top-rated and in-demand presenter at conferences and events across the country, he's a successful investor with over $1 billion dollars in assets under management, and he's the CEO of Grocapitus and Multifamily University.

He is known universally as the Mad Scientist of Multifamily, and I always pay attention to what Neal has to say – because he's incredibly well informed, and always entertaining.

Today we're going to discuss the recent bank failures and what that means to investors. We'll talk about the upcoming liquidity crunch, and why Elon Musk recently tweeted that the commercial real estate debt market is "by far the most serious looming issue."

Neal also explains why investors who bought between 2021 and 2022 are in trouble, and why he's hit the 'pause' button on his ground-up developments. He'll also share the opportunities he sees in the market and why he's starting his own rescue fund.

This is a 'must-listen' episode for anyone who wants to gain some clarity and insight into a very unstable and uncertain market.

Find out more:

https://grocapitus.com/

or google "Neal Bawa"

Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.

https://www.livegreenlocal.com

And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and medicare benefits.

https://www.rcbassociatesllc.com

Charlie Kao is an expert in many aspects of commercial real estate, with a concentration in self-storage acquisitions and development.

He's recognized nationally as an expert in self-storage and consults with investors all over the country. He'll be speaking next week at the Inside Self-Storage World-Wide Expo at Caesars Palace in Las Vegas.

Charlie is also a friend of the show who first appeared way back on episode #96 and he interviewed me on episode #100. Since then, we've actually partnered on several self-storage deals together.

Today Charlie is going to break down his process in locating a self-storage development site, determining its feasibility, designing it, and instituting cost-savings and technology that will improve the net operating income. Charlie also shares his tips on achieving a work/life balance.

Find out more:

www.youtube.com/@twinoakscapital

Instagram @charlesckao

Facebook www.facebook.com/cck21

Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.

https://www.livegreenlocal.com

And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.

https://www.rcbassociatesllc.com

My guest today has a quantitative and repeatable process for identifying areas that will experience 20 to 30% appreciation over a five-year period.

Not only does Mark Updegraff have a background in science, technology, and mathematics, he also began his career at NASA, so I'm excited to see how that background has translated to his real estate development, management, and brokerage businesses.

Today Mark shares the metrics and ratios he uses to convert the MATH into MONEY. We'll discuss gross rent multiplier (GRM) and price per foot and learn how Mark took those two simple ratios to help his clients and investors identify neighborhoods that were poised to appreciate at a much higher rate over a shorter time period.

Find out more:

[email protected]

http://www.MarkUpdegraff.com

http://www.RazeCapital.com

Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.

https://www.livegreenlocal.com

And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.

https://www.rcbassociatesllc.com

Anyone paying attention to the economy lately is aware that interest rates are rising, inflation has become a problem, and we may, or may not, be heading into a recession.

What does all this mean to us as real estate investors and rental property owners?

To put all this economic data into perspective I'm excited to have Dr. Paul Isely on the show with me today.

Dr. Paul Isely is currently Associate Dean and Professor of Economics for the Seidman College of Business at Grand Valley State University. Since 2013, he has also led the economic forecasting team in the Seidman College of Business helping businesses across West Michigan have better information for decision making.

Paul spoke several weeks ago to a standing-room only crowd at the RPOA annual conference, and I'm thrilled to have the opportunity to bring him back to our RPOA audience.

Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.

https://www.livegreenlocal.com

And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.

https://www.rcbassociatesllc.com

A year ago, if you wanted to acquire a property there was plenty of money available from lenders at incredibly low interest rates.

Just one year later and lenders have pulled back drastically, and interest rates have doubled.

Those of us looking to get our real estate investments financed are having to accept a new reality that is impacting our cashflow and creating a lot of uncertainty as to whether deals will even pencil out.

Given this new reality, we thought we'd bring three experts from the lending world together to discover – "Where's the Money? Creative Financing Options in a High Interest Rate Environment".

John Burley

John has 40+ years of investing experience, several thousand (personally) completed Real Estate deals, and over Six Hundred Million Dollars Raised.

John wrote the International #1 Best Seller "Money Secrets of the Rich". He has produced over 100 books and audio programs during his career and was a featured speaker at our Michigan Landlord & Real Estate Investor Conference & Expo on the Secrets of Raising Private Money.

Anna Miller

Anna's passion is for her clients in helping them find the right solutions to meet their financial needs. She's been a mortgage loan officer at United Bank of Michigan since 2013 and works with home buyers and investors to make their goals a reality.

Frederic SaintAmour

Former U.S. Army Ranger who now helps real estate investors and business owners of all sizes get the capital they need, when they need it, with the best terms possible.

Fred has been a commercial loan executive with Boathouse Commercial Funding Group since 2010.

Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.

https://www.livegreenlocal.com

And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.

https://www.rcbassociatesllc.com

Are car washes a great investment for cash-flow and appreciation? My guest today would say 'yes'.

Whitney Elkins-Hutten is the Director of Investor Education at PassiveInvesting.com and a partner in $800m+ in real estate—including over 6,500+ residential units (MF, MHP, SFR, and assisted living), 7 express car washes, and more than 2,200+ self-storage units across 11 states. She also has experience flipping over $5m in residential real estate.

We're also going to discuss The 5 freedoms in life and how the billionaires and the 1% invest in real estate.

Find out more:

PassiveInvestingwithWhitney.com

Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.

https://www.livegreenlocal.com

And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.

https://www.rcbassociatesllc.com

Tax season is upon us, and we thought this would be a good time to discuss the most common and costly tax mistakes that real estate investors make.

Here with me today to strategize our taxes is Amanda Han and Matt MacFarland, two CPAs and tax strategists who specialize in helping people use real estate to save massive amounts in taxes and keep their hard-earned money.

We'll also be discussing tax strategies to supercharge your wealth-building, what it means to be classified as a "Real Estate Professional" for tax purposes, and how to use a short-term rental loophole to reduce your taxes.

Amanda and Matt are the authors of "The Book on Tax Strategies for the Savvy Real Estate Investor" and "The Book on Advanced Tax Strategies"—both released by BiggerPockets Publishing.

Find out more:

Website: https://www.keystonecpa.com/

Instagram: https://www.instagram.com/amanda_han_cpa/

Instagram: https://www.instagram.com/keystone.cpa/

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

Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.

https://www.livegreenlocal.com

And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.

https://www.rcbassociatesllc.com