The Investor Empowerment Series Radio Show

Not everyone has the ability to be a part of such a great gathering of Real Estate Investing Minds... That said, I am bringing it to you.

Today's podcast is a LIVE recording of the panel I moderated at the IMN conference on Dec. 6th, 2016, in Scottsdale, Arizona with Panelists as follows:

• Joe Mueller, Moderator, Head of Investment Acquisition (TANIS GROUP LLC)
• Cortland Plichta, CEO (HOMES DIRECT, INC.)
• Puneet Singh, Managing Partner (LAW OFFICES OF KIMBALL, TIREY & ST. JOHN LLP)
• Jack Bosch, Director (ORBIT INVESTMENTS, LLC)
• Paul Turovsky, Chief Operating Officer (TRAC GLOBAL, LLC)

• Size, definitions & ROIs of markets
• Responsibilities of property upkeep
• Foreclosure/eviction process when dealing w/ Seller Finance
• Reactions to the less than positive press
• Considerations for notes that are made up of alternative collateral
• Documentation… What needs to be present? What can be unlawful?
• Control and who owns the property?
• What type of customer/collateral are your target markets for these deals?

Chris Davis and I are broadcasting LIVE from the Arizona Biltmore Hotel in Beautiful Scottsdale Arizona, originally owned and designed by the Wrigley Family of Chicago (yes, that family) at the IMN Single Family Rental Forum Conference West. This incredible experience is enlightening, motivational, inspirational and frankly provides that extra kick in the "*ss" that keeps the engine firing on all cylinders!

Chris and discuss the information we learned about the 2017 US Real Estate Market, new opportunities we are both planning on focusing on next year, and how awesome and powerful this conference is for any real estate investor!

Today's guest, Eric Wohlwend, has patriotic beginnings serving our country and took the opportunity to educate and motivate himself while still in the armed forces. The day Eric was given his discharge papers, Eric drove straight to the local bank in the area and obtained financing to purchase his first rental property. A few short years later he retired at the age of 30, after accumulating a sizable portfolio as a full time real estate investor.

Well, Eric didn't stop there, as he realized that an investor's appetite is rarely satiated, he got back at it, continuing to buy more assets and grow his empire, diversifying into mobile home parks, apartment buildings, and self-storage units.

Today Eric and I discuss his start up in real estate, his current ventures into a 60 unit apartment building, and working with sellers to "eliminate the bank" when financing your real estate deals!

What comes to mind when you hear the term Mobile Home Park?

Well, if you've done your homework on it you'd find that it's like owning a large scale ATM machine without the hassles of the toilets and maintenance necessarily associated with owning the structure on a property.

Today's Podcast hosted by Joe Mueller of TANIS Group LLC and TANIS Group Realty interviews Jack Baczek of Marvel Equity. Jack started his real estate investment career just 8 short years ago, and still at the young age of 31 is acquiring a large scale portfolio of both Mobile Home Park and Apartment units. Jack dove into real investment FULL TIME and hasn't looked back since! Can you remember what you were doing at the age of 30? :)

Jack has been involved in acquiring, re-performing, holding, selling as well as wholesaling mobile home parks in the "Rust Belt" of the US. We dig into the difference between owning the structure vs. just renting the land, MHP ROI and Cash on Cash returns, as well as his experiences in the apartment building business.

If you are interested in what opportunities exist in the Mobile Home Park investment market or are just curious about how it can be done, stay tuned!

Today on the Investor Empowerment Radio Show my special guest is Chris Emerald of CE Law. Chris and I have been working together for several years in the Chicago area on not only my real estate investing opportunities but also the opportunities of other investors in the area.

Chris has been an active sponsor of the meetup group I host-- www.investor-empowerment-chicago.com

Since it's inception of the group, helping real estate investors establish business entities, representing investors and wholesalers on dozens of transactions and acting in a legal capacity when those "not so desirable" type questions come up in various situations of the real estate investing business.

Today we dive into Asset Protection strategies, Subject-to investment models, Articles of Agreement for Deed and having engaging Attorneys as a "necessary evil" in your real estate investing business!

BOOOOMMMM!!!!

You ask, you receive. A bunch of the listeners (You) have been very receptive to the podcast, providing some questions and feedback.

This episode is a Q&A session with my previous guest from episode #4&5, Dan Clarton, as my co-host, responding to a bunch of the text, email, and in person questions I've received since starting the podcast.

We touch on:

-Building a 'Power Team'

-Wholesaling as the 'gateway drug'

-Getting a broker license or not to get a broker license

-JV Deals, what they are and all about.

AND MANY MORE!!

Listen up!

How much money do you need to succeed as a real estate investor? Ummmm.... Infinite. Right? Beginner, intermediate, or expert investors need to know how important money is to their business. I know a lot of you want to own your own little 'fix and flipping' island and 'don't need anyone' to succeed as a fix and flipper. That's all good. BUT, in order to exponentially grow your business, you WILL need additional funding to get that next best deal when all your funds are tied up, grab a rental property for every 1-2 fix and flips you do, or obtain some rehab funds for your first or last opportunity.

Let's explore what private money is, and how hard money works.

I think part of the benefit of listening to podcasts is hearing the truth about how real estate investing REALLY works for an investor. Do you want to be in the KNOW?

This particular deal is a real life example of what opportunities one could expect in our market, and what one should expect when looking to either fix and flip OR buy and hold a property.

This is RAW data, I sat down with my calculator, my invoices, and my receipts and added all the numbers together on one of my current projects. I guarantee there are better and worse real estate investments out there, but I am going to give you the REAL data after one is completed. I also video documented this project on my youtube channel: https://youtu.be/F2LHh6g3dGk

My disclaimer is I initially had cost projections lower than than the final numbers, so I spent a bit more than I anticipated, but that's how REAL real estate investing happens!

I also touch on working with wholesalers and networking, and my beliefs on the "Education" circuit.

Want to see the FINAL Walk through Video, go to my youtube channel:

https://youtu.be/F2LHh6g3dGk

Also, see the other videos of this project to see the perspective start to finish:

https://youtu.be/SNQfGPpPiC8

https://youtu.be/_0YFSy-uElY

After listening to this podcast recorded for the REI Diamonds show with Dan Breslin, I realized there were too many solid learning points and discussions not to bring this to the Investor Empowerment Radio Show listeners. In this episode we talk about my start up in the REO industry as well as my RE Investing beginnings, the state of the real estate market and what my personal experience tells me is going to happen next, as well as my worst and best deals. This is quality stuff, don't miss it!

Doug has been my friend, advisor, co-conspirator and is responsible for many of the successes of not only TANIS Group on multiple levels but also many, many real estate investors we work with. In his 35 years of brokering investment deals, Doug has seen multiple real estate cycles, hundreds of clients, and thousands of deals. He is single handedly responsible for building large rental portfolios for dozens of investors just in the short 5 years he has been with TANIS Group Realty. His wisdom is substantial, his experience is second to none, and he is living proof that real estate can be bought, sold, invested in, and built into a future for anyone who has the dream of doing so. I am honored to have Doug on the show today, and he is one of my real estate rockstars here at my company that can help investors grow a flipping and rental business using the MLS as well as off-market deals!