Rental Property Owner & Real Estate Investor Podcast

In 2011, Reed Goossens quit his job in Australia and moved to the United States to become a Real Estate Investor. He ended up in New York with no job, network or family, all he had was a Gut-Feeling that he could be successful.

Nine years later Reed controls over $150 Million in Commercial Real Estate, is a Best-Selling Author, and hosts a podcast called "Investing In The U.S."

On Today's episode, Reed is going to share how he made it all happen, starting with his first 3-Unit in a low income neighborhood. He'll also share how he found a mentor who set him on the path to success, his perspective on the U.S. Real Estate Market V.S. the rest of the world, and the shifting Return-On-Investment expectations that investors should be realistic about.

Reed has found great success in this country, and I'm excited to have him share his story with you. You can reach Reed through his website: https://www.reedgoossens.com

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Mark Owens once owned a successful Computer Training Business, until he left it behind to find Financial Freedom through Real Estate Investing. Now he hasn't earned W-2 Income for over 10 years, and he's been investing in the Baltimore, Maryland area for the past 17 years, growing his portfolio from 1 to over 100 rental units.

Mark has created a lifestyle that allows him to help others invest in Buy & Hold Rentals, and he provides education through investor meet ups, classes, Facebook live, and podcasts like this one.

Today we're going to discuss why Mark has succeeded where others have failed, why he's never made a 'mistake', and the difference between 'going with your Gut', and obtaining the knowledge to be successful.

Mark will also share how he was able to grow his portfolio so quickly, how he hired his team, and how he can 'force' appreciation on residential properties.

I know you'll enjoy this conversation with Mark. There's a lot of great wisdom and advice on becoming a successful investor. You can find out more through Facebook: Mark Owens REI, or contact him through email: [email protected]

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

The RPOA teaches a number of excellent courses for all levels of real estate investors and landlords. One of the more unique and specialized courses we teach is called "Rehabbing for Rental and Flipping Profits", and its taught by Justin Workman, who is in the studio with me today.

Now this course is not your typical overview. It covers everything from A to Z, and includes on-site visits to existing properties for real world cost and labor estimations. Many of you already know that Justin is an experienced investor and licensed builder himself, and he'll personally be teaching all three sessions of this multi-day course.

If you're in the Grand Rapids area, or are close enough to drive, you should definitely consider this one-of-a-kind course, which is happening next week, December 9th, 11th, & 13th of 2019 at the Rental Property Owners Association.

To register or get more information, go to www.rpoaonline.org

My guest today has figured out a way to make rental property ownership easier and more profitable, and he's going to share his unique approach to making money and building wealth through rental properties.

David Friedman is a Boston-based real estate Entrepreneur and founder of Knox Financial, which is focused on helping people convert their homes into rental properties and managing those properties for them.

He's also written several articles for Forbes.com with advice for landlords, including "Five ways to maximize investment property returns", and "How to avoid 6 common rental property pitfalls". We'll be discussing these articles, which include some very interesting ideas.

David can be reached through his website:

https://knoxfinancial.com

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

Today's guest is going to help us rethink debt. Specifically the type of debt we might put on a Real Estate Investment. Instead of going to a traditional bank or lender, did you know that there is a Tax-Advantaged way to loan that money to yourself?

Mark Willis is going to explain how this is possible through a Super-Charged, Modernized, and Maximized Whole Life Insurance Policy. Mark is a certified financial planner, two-time best-selling author, and owner of Lake Growth Financial Services. He also hosts the "Not Your Average Financial Podcast" and helps his clients invest in real estate without going broke while creating retirement income that they won't outlive.

Mark will be pushing back on the conventional wisdom regarding whole life insurance v.s. term life insurance, and explain how a whole life insurance policy, properly set up, can be used to loan money toward your investments. He'll also discuss the tax benefits and the returns you can expect.

Since this is a new concept to me as well, I do my best to ask Mark a lot of detailed questions about how Whole-Life Insurance Lending really works. If you're looking for more tax-advantaged ways to lend yourself money and fund your deals, then this is definitely an episode you won't want to miss.

Mark can be contacted through his website www.growmorewealth.com

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

My guest today is focused exclusively on investing in Multifamily & Apartments. With his partners he's invested in 11 different properties with over 2,300 units.

But Randy Langenderfer wasn't always a Multifamily investor. He got his start in Real Estate Investing by House Hacking his first duplex before becoming a Hard Money Lender.

Today we're going to discuss how & why Randy made the leap to Apartments, and how he managed to grow his portfolio so quickly. Randy is also going to share his experiences investing passively, both good & bad, as well as the common denominators he's seen in his successful partners and the importance of transparent communication.

If you've ever wanted to partner with someone else, or invest in someone else's deal, then you'll want to hear what Randy has to say. Randy can be reached by email at [email protected]

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

There are many creative ways to Buy & Sell Real Estate, while creating Owner Financed Paper in the process. And my guest today has done them all. Brad Smotherman owns and manages a 7-figure per year Flipping Business called American Community Investments and holds Notes across middle Tennessee. He's invested in 14 states and completed 100's of transactions.

Brad is going to discuss what it means to purchase a property 'Subject To' the existing mortgage, and what happens when the lender 'Calls In' the loan. You'll also learn what a 'Wraparound' Mortgage is, and how you can profit from creating one.

Brad also discusses how he's able to purchase property with zero percent owner financing, the importance of mentorship, what it means to 'Buy Equity', and why Wholesalers are leaving money on the table by not employing the strategies he's discovered.

There are a lot of great tips and techniques that you'll learn in today's conversation. Many of them haven't been discussed on the show before. Brad can be contacted through his website: http://www.bradsmotherman.com

And you can also check out his podcast called "Investor Creator"

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

Welcome to a very special 200th Episode! To celebrate I thought it would be fun to have a conversation with the man who made this podcast possible – Clay Powell, the director of the Rental Property Owners Association.

Clay and I will be talking about the importance of organizations like the RPOA and how we're helping landlords and investors through the good times, which is what we've all been experiencing for the past ten years, and the anticipated downturn that many economists are expecting to happen in the next year or two.

We'll also discuss how the RPOA is positioning itself to be at the forefront of helping landlords and investors no matter what the economy is doing. We also have exciting news about the RPOA's Real Estate Investor Mastery Training Program, and how its now going to be accessible beyond the West Michigan area. We'll also discuss the RPOA's knowledge base, where we answer the most frequently asked questions.

You'll also get a peak behind the curtains of the podcast, and I'll be revealing the top three episodes and guests of all time. You'll also get a sneak peak at the Annual Conference, and the featured speakers we'll be bringing to you in 2020. If you're wondering how you can prepare yourself for the eventual downturn, and prosper during both good times and bad, this is an episode you won't want to miss.

Clay can be reached through the Rental Property Owners Association by going to www. rpoaonline.org

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

When Justin Richards and Aaron Lenartz were last on this show, they shared everything they'd just gone through in finding, negotiating, syndicating, and closing on a 144-unit apartment complex in Memphis Tennessee. You can check out Episode #140 to hear that story. Today, you're going to find out what happened after the close and how its affected their outlook and decision making process ever since.

Justin and Aaron are going to share some of the challenges they faced and how they came up with the solutions to solve them. We'll discuss the engineering report and the cash shortfall that can occur when the lender reserves funds from the closing to make immediate repairs, but doesn't release that money until after the repairs have been completed. We'll learn about some difficult partnerships that Justin & Aaron have had to walk away from, as well as the key members they've since added to their team.

Justin and Aaron share some painful experiences of the acquisitions that have fallen through since then, and the uncomfortable news they've had to share with their investors. You'll learn why some of those deals didn't happen, and the physical inspection at one property that revealed over $7 million in deferred maintenance the owner failed to disclose.

Justin and Aaron also discuss the 600 units they currently have under contract, and how they're laying the groundwork to have plenty of capital throughout the next financial downturn.

There's a lot for any investor to learn in this episode, and Justin & Aaron don't hold back from sharing the challenges they've overcome this past year. You can find out more about them by visiting them on the web at https://www.greysoncapitalgroup.com

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"

For many of our American Active Duty Military and Veterans, investing in Real Estate may seem like a far-off objective, especially if they're deployed overseas or moving from location to location without any sense of permanence. However, if you're Active Duty Military, or a Veteran, you have some serious purchasing power that you may not be aware of.

Eric Upchurch has made it his mission to help those in the military understand and realize the power of creating monthly passive income through real estate, even while they're active duty. Eric served six years in the 160th Special Operations Aviation Regiment, and is the author of "Military House Hacking: How to Live Free, Earn Passive Income, and Create Generational Wealth". Eric also hosts the "Active Duty Passive Income Podcast".

Eric is going to help us understand the incredible firepower of the VA loan, and how it can help our military service members invest in real estate and live for free through house hacking. We'll also discuss the unique challenges facing our service members as they transition out of service, and how their military training both helps and hinders them as real estate investors.

Whether you're currently serving in the military, or you're a veteran, or you know someone who is, you'll definitely want to listen to what Eric has to share. Eric can be reached through his website:

https://www.activedutypassiveincome.com

And visit our show on Facebook to leave comments and ask questions by going to "RPOA Rental Property Owner & Real Estate Investor Podcast"