Rental Property Owner & Real Estate Investor Podcast

My friend Ken Van Liew is back on the show today, and you may remember Ken as the developer of New York skyscrapers valued over $1.3 billion.

Ken has extensive experience in every aspect of real estate investing, he's an author, educator, engineer and one of Manhattan's most successful real estate experts.

When he was last on the show Ken shared lessons from his new book, The Modern Wealth Building Formula. And today, we're going to learn the 11 millionaire secrets they don't teach you in school. I guarantee that many of these will be new to you. Some of them might even make you millions of dollars.

Ken also shares his perspective on the real estate market in 2022—what he's concerned about and where he sees opportunity. You'll learn about his North Carolina full-service city/neighborhood development, and the global real estate enterprise group he created to merge ecosystems and accelerate growth.

Ken is a fascinating person with incredible value to share. You can find out more by going to https://kenvanliew.com.

Today's episode is brought to you by Green Property Management, now offering a $250 per unit project allowance to new clients in West Michigan. Text "Green250" to 21000, or visit them at 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. Visit https://www.rcbassociatesllc.com/ to learn more.

If you want to learn more about how best to digitally market your vacation rental or co-housing property, you're going to love today's conversation with Michael Tich. Mike used to work for Airbnb where he led their marketing and data science teams with a budget of $50 to $100 million in annual digital marketing expenses.

Mike is the co-founder of LiveHomeRoom.com and helps people remotely invest in real estate. Mike is going to share best practices for driving traffic to your rentals, including professional photos, stellar reviews, and location metrics.

Mike will also share some of his inside knowledge from working at Airbnb, as well as his use of Facebook to market his co-housing properties. You'll learn how LiveHomeRoom.com is using data and digital marketing to attract new investors and scale their co-housing model into new markets.

You can contact Mike through LinkedIn or https://livehomeroom.com/invest.

Today's episode is brought to you by Green Property Management, now offering a $250 per unit project allowance to new clients in West Michigan. Text "Green250" to 21000, or visit them at 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. Visit https://www.rcbassociatesllc.com/ to learn more.

My guest today left college to invest in apartments when he was 19 years old, and he's built a portfolio of 350 multifamily units with a team of 25 employees in the Lansing and West Michigan area.

And here's the kicker—he's only 20 years old!

Brad Simtob is the managing partner at Simtob Management & Investment. Today, Brad is going to talk us through his first 11-unit apartment building and the steps he took to get to 350 units so quickly. We'll also discuss the systems Brad created for property management and maintenance, and how he managed to build a team of 25 employees during the pandemic when many people were leaving their jobs.

Brad also shares his appreciation for providing homes to economically disadvantaged residents, and why he likes working with section 8 tenants. You'll also learn how Brad convinced his parents to let him drop out of college, and the model he's built to scale into new markets.

I know you're going to love this conversation with Brad. You can find out more about him through his website or contact him by email:

https://www.simtob.com

[email protected]

Today's episode is brought to you by Green Property Management, now offering a $250 per unit project allowance to new clients in West Michigan. Text "Green250" to 21000, or visit them at 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. Visit https://www.rcbassociatesllc.com/ to learn more.

Today we're going to discuss the commercial loan process and how you can best present yourself and your transaction to a commercial lender in the most impactful and successful way.

Over the past 30 years John Matheson has been developing, permitting, and/or financing completed projects totaling over $50 million, primarily focusing on multifamily, mixed-use, and storage real estate.

John is the managing member of J. Healy Development, a company that focuses on eco-friendly and sustainable commercial development to lesson a property's footprint while increasing it's value. John is also the CEO of Leverage, a finance software designed to help business owners and property investors pre-qualify their commercial loan before speaking with a lender.

Today, John is going to share his favorite source of commercial loans and the three things all lenders look at first when evaluating your project or investment. We'll also discuss the importance of NOI, cap rate, and DSCR, and what those terms mean. You'll also learn the red flags lenders look for that might prevent you from getting the best loan terms.

I know you're going to gain a lot of valuable information from this episode. You can find out more about John through Leverage's website https://leveragecalc.com or by email at [email protected].

Today's episode is brought to you by Green Property Management, now offering a $250 per unit project allowance to new clients in West Michigan. Text "Green250" to 21000, or visit them at 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. Visit https://www.rcbassociatesllc.com/ to learn more.

2022 Michigan Landlord & Real Estate Investor Conference & Expo

​ANTHONY CHARA Increase Your Wealth Exponentially with Multifamily Properties Friday, February 25th at 3:20pm​

Click here to register: https://bit.ly/reiconference22

Why buy 1 when you can buy 10 or 20 or even 50? Learn the how's and why's of buying and investing in apartments and multi-family properties with Anthony Chara. Anthony will let you in on the secrets of why buying and investing in apartments and multi-family units can be a big money maker in today's market. Learn how you can increase your net worth and build a successful portfolio with this informative course. About: Anthony is a seasoned real estate investor with over 20 years of experience. He has owned or managed several successful multi-million dollar companies during the last 20+ years, and owns and/or has syndicated approximately 1,600 apartment units around the country. He has also mentored several thousand aspiring real estate investors.

2022 Michigan Landlord & Real Estate Investor Conference & Expo

ROBYN THOMPSON Rehabbing Houses Creates Big Paydays | Thursday, February 24th at 3:30pm AND Building Massive Wealth with Vacation Rentals | Thursday, February 24th at 7:00pm

Click here to register: https://bit.ly/reiconference22

Robyn Thompson, "The Queen of Rehab", has integrated her highly successful rehab program into a new buy and hold investment strategy—providing more flexibility for rehabbing for flips or for holds. Robyn will teach you how to map out all of the hurdles, pitfalls and paydays when renovating for profits and building passive wealth! In her second presentation, she'll also teach you how to analyze vacation rental markets, convert your rentals to vacation rentals, optimize your vacation rental listings and more! About: Robyn Thompson has renovated and sold over 390 properties. She is the nation's leading expert on buying, renovating and selling homes for huge chunks of cash and has taught thousands of students how to become financially independent.

My guest today is a wholesaler and flipper who has figured out a system that allows him to complete up to 35 wholesale transactions a year with an average deal size of $500,000 each.

Max Fisch has completed hundreds of real estate transactions using virtual assistants. He's been able to scale his business without overburdening himself or his team. And today's he's going to share how he utilizes these VAs, and why it's so important to use industry-specific VAs to scale your business and achieve incredible results.

Max is going help us understand the systems he's set up to interview, onboard, and train his virtual assistants, why he prefers a global team as opposed to originating from a single country, and the thought process you must go through to determine if hiring a VA is for you.

I know you're going to enjoy today's conversation. You can find out more about Max and his companies through Facebook, Instagram, the web and email:

https://www.realestateprojectsolutions.com/

[email protected]

Today's episode is brought to you by Green Property Management, now offering a $250 per unit project allowance to new clients in West Michigan. Text "Green250" to 21000, or visit them at 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. Visit https://www.rcbassociatesllc.com/ to learn more.

Clay Powell, the Director of the RPOA, is here to get us pumped up for The Largest Landlord & Real Estate Investor Conference in Michigan!

Join us for a two day in-person event at DeVos Place in the heart of downtown Grand Rapids, Michigan on February 24th and 25th, 2022 at the 2022 Michigan Landlord & Real Estate Investor Annual Conference & Expo! We'll be bringing you a powerhouse of six tried and true crowd favorite national speakers, 30+ vendors, breakout sessions, and numerous opportunities to network and make deals! Don't miss this opportunity to learn strategies from nationally recognized experts and build massive wealth through real estate investing!

FREE admission for current RPOA members. Only $10 per person for non-members—this covers admission for both days!

Go to www.rpoaonline.org to find out more and get registered!

Today's guest has learned many lessons while scaling her rental portfolio to $60 million dollars. She's also going to talk about syndication and raising private money with confidence.

Liz Faircloth co-founded the DeRosa Group in 2005 with her husband, and controls $60 million in residential and commercial assets up and down the east coast. Her mission is to "transform lives through real estate."

Along with previous guest Andresa Guidelli, Liz is the co-founder and CEO of The Real Estate InvestHER community, co-host of The Real Estate InvestHER Show, and co-author of "The Only Women in the Room, Knowledge and Inspiration from 20 Women Real Estate Investors".

Today we're going to discuss Liz's early beginnings as a real estate investor, flipper, and rehabber, and what led to her realization that multifamily investing was the best focus of her time and energy. We'll also discuss the systems she uses for communicating with multiple investors and the decision process that goes into deal structure and investor returns. Liz also shares the vision for the InvestHER community as well as her greatest business challenge at the moment.

I know you're going to enjoy this conversation with Liz. You can find out more about her through Facebook and the web:

https://www.therealestateinvesther.com

https://derosagroup.com

Today's episode is brought to you by Green Property Management, now offering a $250 per unit project allowance to new clients in West Michigan. Text "Green250" to 21000, or visit them at 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. Visit https://www.rcbassociatesllc.com/ to learn more.

2022 Michigan Landlord & Real Estate Investor Conference & Expo

NICK SIDOTI Three Times the Market Rent With Special Needs Housing Thursday, February 24th at 10:10am

Click here to register: https://bit.ly/reiconference22

Nick Sidoti will teach you the secrets to turning your rentals into tremendous cash flow generators and triple your rental income with special needs housing. You will learn how to market your rentals to special populations—college students, veterans, government agencies, and others—as well as which tenants to choose that will make you very wealthy...these customers will pay you BIG bucks (2 or 3 times more than market rent) for a little extra convenience. NO, this is not Section 8 and YES, you will be blown away by the increase in profit! About: Nick Sidoti, aka Dr. Cash Flow, has been investing in real estate for 30+ years. He specializes in residential rental properties—single family homes, special needs housing, and multi-family dwellings. He also buys, rehabs, and resells homes making large amounts of profits in short periods of time. Nick is the author of numerous real estate courses.