The Investor Empowerment Series Radio Show

So, I was inspired to record this podcast off of an article I read by Brandon Turner on Bigger Pockets, entitled "16 Tips to Getting Your Offer Accepted."

Thus the title of this podcast.

Full credit for all the ideas/materials/copyright, etc given to the boys over at www.biggerpockets.com

If you are struggling to get some of those offers accepted that your are hopefully continuing to follow up on, send out weekly, and low ball :)-- Check out this podcast which is based upon the article on Bigger Pockets of the same name.

And if you're not on BP, you need to be, and it's free.

Sign up today!

Today's guest on the Investor Empowerment Series Radio show is Jefferson Lilly of Park Street Partners. Jefferson and his business partner Brad have built a massive Mobile Home Park business totally 1540 pads in 19 different parks throughout the United States. Jefferson is a self-made millionaire, mobile home park investment expert, educator and industry consultant.

Prior to Co-founding Park Street Partners in 2013, Jefferson spent 7 years investing his own capital, building his "unofficial" advisory board, owning and managing his own mobile home parks.

On today's show we discuss how to retire in 10 years by getting starting with mobile home parks, sourcing new park deals, and managing parks for maximum efficiency utilizing technology to simplify the business processes.

Thanks again for tuning in to another great episode!!

IES Radio #54 is ALL about our next meetup, in Algonquin, IL-

THE REAL ESTATE INVESTOR SHARK TANK!!! (with a twist)

• Sign up here: www.investor-empowerment-chicago.com Tuesday, July 25, 2017

  6:30 PM

• Hosted @ TANIS Group Realty

  505 E Algonquin Rd, Algonquin, IL (edit map)

• Interested in dipping your toe in the real estate investor Shark Tank?

  Join us on Tuesday, July 25th at 630pm at the offices of TANIS Group Realty in Algonquin for our PREMIER Shark Tank Meeting.

  Are you looking for that missing piece in your investing business?

  • Need a new contractor?

  • Looking for Funding on your next deal?

  • Interested in partnering or joint venturing on a deal?

  • Have a deal to present to the group?

  • Selling a property?

  • Wholesaling a property?

  • Need a mailing list for off market deals?

  • Need a phone script?

  • Need an Attorney?

  • Need a Title Company contact?

  • Need a cash deal contract?

  • need list of web tools for real estate?

  • Need someone to explain a deal they did from beginning to end?

  • Need an insurance broker that understands real estate?

  • Need guidance on a specific situation or mentoring on a deal?

  The Shark Tank will begin promptly at 7pm, and is going to be a presentation style format for your "Ask," whether it be for a partner, funding, deal, etc. Please email [email protected] for the presentation worksheet template.

  6:30 - 7:00 - Networking 7:00 - 8:00- "Shark Tank" Presentations 8:00 - 8:30 - Group Introductions 8:30 - ??? - Networking

  As always, our goal is to network, network, and network with complimentary refreshments provided.

  Thanks,

  Joe and Dan

  Sign up here: www.investor-empowerment-chicago.com

RE-POST!!! SORRY ABOUT LAST WEEK, The podcast got MESSED up big time and I sincerely apologize, CHECK IT OUT AGAIN

Summer breezes, cotton candy, babies laughing and smiling—It's all so awesome isn't it? All the TV wannabes make it look picture perfect and easy don't they?

Well, most things are never perfect, and anything with any value is typically never very easy…

The real life of real estate investing isn't easy... It's never that simple and there are always complications that CAN and DO come up even on a simple purchase or sale of a property.

This deal put us through the ringer, up and down and 15 rounds with the Mohammed Ali of real estate let's say.

Here's a few takeaways:

-Go with your gut, if it doesn't feel right, or your intuition is pushing you a different direction, strongly consider something may not be right.

-Always get a 2nd opinion even on simple day to day processes when there's a potential change made to it—e.g. sending a wire without a title company

-When you make a mistake, learn from it, grow from it, gain knowledge from it and GET BACK UP again jump back in the ring

In Summary, we lost about $60000 on this deal, before we even bought the property if that makes sense! Hear the journey it took to get it back!!

Listen now!

After 51 Episodes, I need be honest, this is the one you NEED to hear. If you've never listened to my show before, and you're serious about investing in real estate, this episode you need to pay close attention to.

We interview a special guest, Rosario Terracciano, of ClickInvest.com and the system he's been working on, designing, and perfecting for years for his investor clients.

Originally formulated as a software assist to help scrub the MLS for deals and opportunities available for hedge fund type buyers, it's been tweaked, beta-tested, field-tested and made available to any investor!

Now this incredible system can be available to you.

My team and I personally vetted out this software system. We let it do the dirty work, saving time, effort, and effectively making and saving more money. Clickinvest.com sends you projected ROI's on the investment opportunities, capital expenses based on your lending and acquisition situation, closing costs and even rehab estimates based on the condition of the home, photos, and data compiled over the last several years evaluating thousands of houses on the market.

My "guinea pig" testing for your benefit has already found deals for my portfolio and my team is ready to jump into action to help you utilize it for yours.

As with anything with any value, there is a monthly cost-- if there wasn't I'd be questioning how it could perform to the level it does and continue to improve.

Use the code TANIS when you sign up and you get a special discount only offered to my listeners and clients.

Go to www.TANISinvest.com, use the coupon code of "TANIS" and sign up!

Lots of questions and a bunch of confusion comes along with working with wholesalers, including even on my side AS the wholesaler.

In this episode I update the audience on the outcome of the wholesale rental deal from IES49, and also we talk about what to expect when you're expecting to work with a wholesaler!

Cash is KING!!!

Super Duper Educational episode with my buddy and partner Dan Clarton from Riverside Hope!

-Dealing with multiple offer and highest and best offers on MLS Deals!

-How much should you offer in a H&B situation???

-Why do investors NEED to get their hands dirty?

-Where to find private money and how to structure it?

-Expectations when you attend a meetup, and what our expectations are from you!

And ALL the CHATTER in between in the special LIVE episode!!!

Thanks again for supporting 50 Episodes!!!

Joe Mueller

On today's episode we are going to take a very quick look at a currently opportunity I have available to any interested buyers out there looking to increase their holdings and build their rental property empire!

Today's deal offers good returns, from 18-31% depending on your play on this one, in a great area of Elgin, IL. Within walking distance to multiple amenities including the train station.

Though it's only a 2 bedroom, 1 bath, it's currently rented at $900 per month and a SAVVY investor would raise those rents to $1100 per month ASAP.

Listen up and check out this deal of the day!

If you are interested in viewing or buying the property, hit me up here:

[email protected]

• What goes into your decision about disposing of properties?
• Market-level dispositions
• Impact of the rising rate environment
• Dealing with re-trades
• Redeployment of capital
• Disposing occupied vs. vacant
• Friction cost vs. price of bulk vs. one-off
• Disposition fees
• Selling to an institution vs. retail
• Small portfolio exit choice evaluation metrics
• Impact of buying originally for appreciation; selling for cash flow
• What is changing about the local broker market that you need to know?

RJ Palano

Director of Acquisitions Buy Cash Flow Properties

Doug Smith

Portfolio Manager & COO Castle Rock Capital Management

Joshua Swift

SVP Investments Colony Starwood Homes

Brittney Fairweather

Director, Enterprise Sales & Business Development Investability

Paul Yazbeck

Executive Director SVN | Investment Sales Group

Joe Mueller

Head of Investment Acquisition TANIS Group LLC

Ever wonder how "Turnkey Investing" REALLY works? Well, let me briefly explain...

Turnkey Rental companies offer you a product. Hopefully the work is completed, hopefully the tenant is vetted and actually pays, and hopefully the management company which is sometimes ALSO the "Turnkey" Company actually does a good job and collects rent and manages the property appropriately. The 'good' ones make this happen consistently and provide a nice, profitable, hands-off investment for their clients, aka you as the investor.

You as a buyer don't know how much the turnkey company paid for the asset, how much work went into it cost-wise, you can't really have a good gauge of the quality of the work other than what you can see to the naked eye. And you don't know how much profit the turnkey provider ends up making in the end of your investment.

Now comes Lee Smith from Spouses Buying Houses, which you can find at www.spousesbuyinghosues.com

Lee offers full disclosure throughout this investment process, he provides all the same services that a turnkey provider offers, but you make all the decisions and you control the flow of the asset, from start to finish.

Lee finds you the houses, you set the offering price. You get a full HD video of each asset you are interested in.

Lee offers contractor bids on the project, you decide what you want to fix or not. The entire process is document in full 1080HD video, the work is quality control by Lee and his team, and the work gets done right through his large network of experienced contractors, AT THE BEST PRICE.

Lee rents out and manages the properties for you.

OR, you can control how much or how little Lee and his team handles for you. You want to swing the hammer? Go for it.

You want to rent it out and manage yourself? Go for it.

Full disclosure remote or local investor investing in one of the countries greatest markets.

Hear about it on this awesome podcast!