The Real FI Podcast - Real Estate Investing to FI

When it comes to real estate investing, one of the most important and underrated relationships that you can have is with your lender. Utilizing a great mortgage to boost returns and secure long-term financing is key to maximizing your returns. That’s why we brought our friend Jamie Lenes on to chat about all things lending. In our conversation, we discussed existing market conditions, down payment requirements on small multi-families, vacation rentals, mortgage insurance, seasoning a mortgage, and what elements of a loan might be negotiable with the lender. You won’t want to miss this one! 

You can connect with our guest by email at [email protected]. 

Do you have any questions you'd like for us to answer on the show, or a success story you'd like to share? Shoot us an email to [email protected] and we'd be happy to connect with you. And If you haven’t done so already, please leave us a glowing 5 start review on your podcasting platform–it would really help us out!

You can connect with you hosts on instagram:

James on Instagram: @James_Rippeon

Patrick on Instagram: @RentalPropertyCouple

Let's kick the 9 to 5!

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Our guest Natalie Kolodij is your MUST KNOW real estate tax strategist. Note that we said “strategist”, not “preparer”! There’s an important difference between the two. More than your typical tax professional, Natalie has built a business around helping real estate investors maximize their tax savings and to compound with additional investments. Natalie practices what she preaches through her mid- and short-term AirBnB rental business. One thing that really stood out to us in our conversation was the importance of working with financial and tax professionals that are in your line of business and do what you do. This ensures that you’re receiving the most up-to-date information and strategies. With it still being the beginning of 2023, you won’t want to miss this show to learn some proactive tax strategies for the year!

You can connect with our guest on Instagram @retaxstrategist and kolotax.com.

Do you have any questions you'd like for us to answer on the show, or a success story you'd like to share? Shoot us an email to [email protected] and we'd be happy to connect with you. And If you haven’t done so already, please leave us a glowing 5 start review on your podcasting platform–it would really help us out!

You can connect with you hosts on instagram:

James on Instagram: @James_Rippeon

Patrick on Instagram: @RentalPropertyCouple

Let's kick the 9 to 5!

Decide. Commit. Take Action!

Sarah Weaver is a coach, author, speaker, real estate investor, entrepreneur, and business owner. Nothing thrills Sarah more than helping real estate agents and investors design the life of their dreams whether that is making more money or working fewer hours (or both!). After becoming involved with real estate and attending a few conferences Sarah quickly realized what was deeply needed in the space–a way to build strong, like-minded communities! From there Sarah built out a program for hosting epic travel adventures for real estate investors to mastermind business and life. As an investor herself, Sarah went from owning 3 units to owning 15 units in 93 days. She bought a fourplex from 8,000 miles away so she knows a thing or two about long-distance investing. She now owns 19 units in four states. This includes nine furnished rentals—all of which she self-manages from afar. Sarah is a digital nomad, meaning she works 100% remotely from anywhere in the world and has been since 2015. Her travels include visiting 44 countries on 6 continents.

You can connect with our guest on Instagram @sarahdweaver or online at www.SarahDWeaver.com.  

Do you have any questions you'd like for us to answer on the show, or a success story you'd like to share? Shoot us an email to [email protected] and we'd be happy to connect with you. And If you haven’t done so already, please leave us a glowing 5 start review on your podcasting platform–it would really help us out!

You can connect with you hosts on instagram:

James on Instagram: @James_Rippeon

Patrick on Instagram: @RentalPropertyCouple

Let's kick the 9 to 5!

Decide. Commit. Take Action!

How many times do you need to hear from us that STRs are a reliable way to massive real estate profits? Our guest, Michael Elefante, is yet another example of how someone can quickly scale with short-term rentals, even in a hot real estate market. Michael started as a college baseball athlete, but when it wasn’t picked up by any of the majors, he had to scrap to make ends meet. His first best idea was to apply for Chick Fil-a, but he wasn’t even able to get a job there! He had to settle for a position at Dunkin’ Donuts, and then eventually an entry sales position in Dallas, Texas. It didn’t take long from there for Micahel to realize that a change was needed. Michael purchased his first STR in 2020, and his current portfolio stands at 6 STRs total that gross him about $100k in revenue per month. Michael also owns a property management company that manages early 100 properties for other investors. Michael took the time to share with us all of his insights on the STR business. If you’re ready to get started in STRs, or even expand upon your current knowledge, this is the episode for you. Don’t miss out!

You can connect with our guest on Instagram @melefante6. 

Do you have any questions you'd like for us to answer on the show, or a success story you'd like to share? Shoot us an email to [email protected] and we'd be happy to connect with you. And If you haven’t done so already, please leave us a glowing 5 start review on your podcasting platform–it would really help us out!

You can connect with you hosts on instagram:

James on Instagram: @James_Rippeon

Patrick on Instagram: @RentalPropertyCouple

Let's kick the 9 to 5!

Decide. Commit. Take Action!

Our guest Pete Reese is the President of Reelvest Properties, a land development and investment company. After some experience with flipping houses through the Great Financial Crisis, Pete and his wife ran an online education business about travel blogging. They turned it into a very successful business and were able to parlay those profits into real estate around 2017. Today, Pete focuses his energies on flipping raw and vacant land for very high profit margins. Last year, Pete was looking at making just about $4 million in revenue with his land flipping business. This episode is a valuable one because of how transparent Pete was with his numbers and his processes for generating tons of consistent leads for his business. There are lessons here that can be learned and applied to any business! With a 50% gross profit margin on each transaction, land flipping is a real estate strategy that should not be ignored. 

You can connect with our guest online at www.turningprofit.com. 

Do you have any questions you'd like for us to answer on the show, or a success story you'd like to share? Shoot us an email to [email protected] and we'd be happy to connect with you. And If you haven’t done so already, please leave us a glowing 5 start review on your podcasting platform–it would really help us out!

You can connect with you hosts on instagram:

James on Instagram: @James_Rippeon

Patrick on Instagram: @RentalPropertyCouple

Let's kick the 9 to 5!

Decide. Commit. Take Action!

Our guest, Sam Primm, is a real estate investor who has built an impressive $42 million portfolio using other people's money (OPM). The most impressive part is that he started on his real estate path in 2014! At the same time that he was selling CAT construction equipment, he decided to get into real estate wholesaling and flipping on the side. In order to build his portfolio to what it is today, Sam has used OPM to acquire, fund, and develop properties, including multifamily apartment buildings and single-family homes. In addition to using OPM, Primm has also employed creative financing techniques and built a network of trusted partners and investors to secure funding for his various real estate ventures. Overall, Primm's success in real estate can be attributed to his ability to find and utilize alternative sources of funding, as well as his dedication to continuously learning and growing as an investor. But the best has yet to come for Sam. One his BHAG is to someday bring an NBA team to St. Louis. Tune in to learn more about Sam’s ventures in real estate and what the future might hold for him.

You can connect with our guest on Instagram @samfasterfreedom. 

Do you have any questions you'd like for us to answer on the show, or a success story you'd like to share? Shoot us an email to [email protected] and we'd be happy to connect with you. And If you haven’t done so already, please leave us a glowing 5 start review on your podcasting platform–it would really help us out!

You can connect with you hosts on instagram:

James on Instagram: @James_Rippeon

Patrick on Instagram: @RentalPropertyCouple

Let's kick the 9 to 5!

Decide. Commit. Take Action!

Our guest Doug Peacock is a financial expert and advocate of the concept of "infinite banking," also known as "bank on yourself." This strategy involves using a type of permanent life insurance policy as a personal bank to generate cash value that can be used for a variety of purposes, including saving for retirement, paying off debt, and funding big expenses such as a child's education or a down payment on a home. Doug believes infinite banking is a vital wealth building technique because it allows individuals to have more control over their money and build wealth in a tax-advantaged way. With infinite banking, policyholders can access their cash value through loans and withdrawals, which can be done without incurring taxes or penalties as long as the policy remains in force. One of the key benefits of infinite banking is that it provides a guaranteed rate of return on the cash value component of the policy, which is typically higher than what is offered by traditional banks. 

You can connect with our guest online at https://www.peacockwealthgroup.com.  

Do you have any questions you'd like for us to answer on the show, or a success story you'd like to share? Shoot us an email to [email protected] and we'd be happy to connect with you. And If you haven’t done so already, please leave us a glowing 5 start review on your podcasting platform–it would really help us out!

You can connect with you hosts on instagram:

James on Instagram: @James_Rippeon

Patrick on Instagram: @RentalPropertyCouple

Let's kick the 9 to 5!

Decide. Commit. Take Action!

In this episode, our guest Jas Takhar shares his experience building a successful real estate team and how they are able to serve 700 families per year. Jas discusses the importance of having a clear vision and mission for your team. He believes that having a strong sense of purpose can help keep team members motivated and focused, and can also help attract top talent. Jas also talks about the importance of building a strong team culture. He believes that having a positive and supportive team culture can help foster a sense of belonging and create a more enjoyable work environment for everyone. There is a strong emphasis on the importance of ongoing training and development for team members. Overall, Jas’ insights on building a successful real estate team and serving a large number of clients are valuable for anyone looking to grow their own real estate business. By setting clear goals, building a strong team culture, and leveraging technology, it is possible to create a highly effective and efficient team that can help you achieve your business objectives.

You can connect with our guest on Instagram @jastakhar13

Do you have any questions you'd like for us to answer on the show, or a success story you'd like to share? Shoot us an email to [email protected] and we'd be happy to connect with you. And If you haven’t done so already, please leave us a glowing 5 start review on your podcasting platform–it would really help us out!

You can connect with you hosts on instagram:

James on Instagram: @James_Rippeon

Patrick on Instagram: @RentalPropertyCouple

Let's kick the 9 to 5!

Decide. Commit. Take Action!

Our guest Marco Bario transitioned from a career in the Hollywood TV and film industry to become a full-time real estate note investor. Today, Marco is the President and Founder of Porch Swing Funding, a niche and focused business that allows those owning seller-financed mortgage notes to sell their future payments for immediate cash. Marco’s investment history includes passive commercial syndications, SFRs, and various iterations of note investing. Tune in to learn about what jurisdictions are best suited for note investing, and how to purchase seller-financed notes for pennies on the dollar!

You can connect with our guest online at https://porchswingfunding.com/ where you sign up for his newsletter. 

Do you have any questions you'd like for us to answer on the show, or a success story you'd like to share? Shoot us an email to [email protected] and we'd be happy to connect with you. And If you haven’t done so already, please leave us a glowing 5 start review on your podcasting platform–it would really help us out!

You can connect with you hosts on instagram:

James on Instagram: @James_Rippeon

Patrick on Instagram: @RentalPropertyCouple

Let's kick the 9 to 5!

Decide. Commit. Take Action!

Casey Franchini is a testament to the time-tested adage of “slow and steady wins the race”. Since 2007, Casey has been acquiring rental properties one-by-one and building her portfolio. Today, she’s amassed 6 SFRs that gross $100k/year, and has plans on getting into the STR space to bump up her income and FI numbers. Tune in to hear about Casey’s story and building a sold rental portfolio!

You can connect with our guest on Instagram @brickbybrickwealth.

Do you have any questions you'd like for us to answer on the show, or a success story you'd like to share? Shoot us an email to [email protected] and we'd be happy to connect with you. And If you haven’t done so already, please leave us a glowing 5 start review on your podcasting platform–it would really help us out!

You can connect with you hosts on instagram:

James on Instagram: @James_Rippeon

Patrick on Instagram: @RentalPropertyCouple

Let's kick the 9 to 5!

Decide! Commit! Take Action!