The REI Diamonds Show-Real Estate Investment Podcast

Discussed

$3 Million Per Year Gross Profit

From Dan-“I’ve been buying houses since founding Diamond Equity Investments in 2006 and have closed more than 1,500 deals.  In 2017 & 2018, we generated combined profit of more than $5 Million by flipping houses in several markets throughout the U.S. including Atlanta, Chicago, Philadelphia, & Florida.    I obviously host of this podcast-the REI Diamonds Show and enjoy comments by listeners about my No B.S. direct hosting style.”

Relevant Episodes: (There are 124 Content Packed Interviews in Total)

Steve & I Discuss

From Commodities to Real Estate

Steve Werner originally started out as a Commodities Trader then Hard Money Lender before landing with DAWGS.  In this episode, Steve and talk about how to find profitable fix & flip opportunities in a tight real estate market where much of the inventory needing repairs is being snapped up by owner occupants willing to do the work and live there.  There is still TONS of inventory available in many cities, especially where I’m currently flipping houses:  Atlanta, Philadelphia, & Chicago.  That huge inventory, just like any investment, does present some risk.  Steve and I discuss exactly how to deal with many of those risks to ensure the house comes out retail ready in the end.

Relevant Episodes: (There are 123 Content Packed Interviews in Total)

Mark & I Discuss

A Different Take on Investing Your Money

Mark Willis is a man on a mission to help you think different about banks, Wall Street’s abuses and from financial uncertainty.  After graduating with six figures of student loan debt, Mark discovered a way to pay off that debt, while still retaining the money he was spending on the payments.   Mark’s the co-host of Not Your Average Podcast, where he shares strategies for investing in real estate, saving & paying for college without going broke, and creating an income in retirement you can’t outlive.  Mark works with people who want to grow their wealth in ways that are safe and predictable, to become their own source of financing, and to create tax-free income in retirement.

Relevant Episodes: (There are 121 Content Packed Interviews in Total)

I Discuss

Thousands of Off Market Deals

I’ve been buying off market deals since 2006 and have since closed well over 1,000 myself.  During that time, I’ve been on both sides of the deal:  the wholesaler (similar to the agent’s position) and the buyer (the one fixing & flipping).  Here’s the back story: I always dreamed of fixing & flipping houses-ever since I was a little kid on my dad’s job sites.  I used to be his helper-first he was the electrician on other investors’ flips & new builds, then he was the investor on the flips.  In a similar way, when I got into the real estate business, I first began by wholesaling deals to investors with the money to close, then eventually I became the buyer myself. 

When I was wholesaling, I saw how many deals were sold to buyers a single time-then never again would we cross paths.  And then there were a few buyers who became repeat buyers, getting a phone call or text on deals before anyone else in the world knew it existed-before the email or any craigslist ads were posted.  Those repeat buyers had a specific strategy for developing that relationship with me.

So when I became the buyer myself, I looked back over my experiences as a wholesaler and made sure I behaved the way the repeat buyers behaved with me.  Why?  Well I was interested in created relationships with the agents and wholesalers who still bring me deals to this day.  So I created this extra special REI Diamonds Show episode to give you, the wholesaler, the agent, or the buyer interested in repeat business spanning years, the roadmap to create these VIP relationships to do repeat deals in your market.   Ready to check it out?

Relevant Episodes: (There are 121 Content Packed Interviews in Total) 

Scott & I Discuss

Analyzing the Data from More than 4 Million Properties

After listing his own apartment in Santa Monica, California on Airbnb and discovering the potential of the short term vacation rental market, Scott began amassing a portfolio of units.  At around a dozen, he realized that there are likely good and bad markets for this product and began compiling data to figure out where the best markets were located.  This led Scott to build Airdna, the world’s largest source of data available for short term vacation rentals.  

Relevant Episodes: (There are 120 Content Packed Interviews in Total)

Resources Mentioned in the Episode:

www.Airdna.co