The Same Day Podcast

Ryan Blackstone is the Team Lead and Owner of Blackstone & Company, a real estate firm based in Northwest Arkansas. With a bachelor's degree in finance and a minor in business management, Ryan entered the real estate industry as an investor in 2013 and became an agent in 2014. His expertise lies in guiding his team and clients through the complexities of real estate investments, focusing on single-family and boutique properties. Responsible for hiring, training, and coaching his team, Ryan ensures that each transaction is conducted smoothly while helping both clients and team members understand and leverage financial strategies to build wealth.

In the dynamic world of real estate investment, strategies can make all the difference between success and missed opportunities. With market trends constantly shifting and financing options evolving, how can investors stay ahead of the curve? Are there creative approaches that offer a competitive edge in today's landscape?

According to Ryan Blackstone, a seasoned real estate professional with a track record of success, understanding the nuances of financing and market trends is essential for investors. He emphasizes the importance of recognizing the interplay between cash flow, equity, and risk tolerance. By leveraging creative financing solutions like "subject to" deals and owner financing, investors can navigate market challenges and capitalize on emerging opportunities.

In this episode of The Same Day Podcast, host Yoni Schmidt sits down with Ryan Blackstone, Team Lead and Owner of Blackstone & Company, to talk about real estate investment strategies. They discuss leveraging creative financing solutions, understanding market trends, and mitigating risks to build a resilient real estate portfolio. Ryan also provides invaluable insights into maximizing returns through strategic property acquisitions.

Chris Prefontaine is the Founder and Chairman of Smart Real Estate Coach, a company dedicated to mentoring real estate investors across North America. With over 30 years of experience in real estate, he has become known for his innovative approach to property acquisitions and creative financing methods. Chris is a four-time best-selling author and has been recognized as a Forbes Business Council member and a three-time Inc. 5000 honoree. His commitment extends beyond his professional achievements, actively participating in philanthropic efforts, including supporting the Wounded Warrior Project. Through his work, Chris aims to offer practical strategies that challenge conventional real estate wisdom and enable more people to achieve financial independence.

Conventional real estate investment methods often involve high risks and massive debt burdens. What if there were more creative, less conventional ways to build a real estate portfolio without the traditional financial strain? Could innovative real estate financing techniques be the answer to sustainable wealth building?

According to Chris Prefontaine, a seasoned real estate investor with over 30 years of experience, the answer is a resounding yes. Chris emphasizes the power of non-traditional investment strategies such as "subject to" deals and his signature 3 Paydays system. These methods not only minimize personal financial risk but also offer continuous cash flow and potential long-term gains. By focusing on creative financing, investors can navigate the complexities of the market, adapt to economic changes, and secure profitable deals with structured, predictable returns.

In this episode of The Same Day Podcast, host Yoni Schmidt talks with Chris Prefontaine, Founder and Chairman of Smart Real Estate Coach, about redefining the approach to real estate investments. They talk about the effectiveness of innovative financing, the benefits of the 3 Paydays system, and strategies for risk minimization.

Marissa LoCascio is the Senior Vice President and Chief Compliance Officer at 1031 CORP, a company specializing in 1031 exchanges, which allows real estate investors to swap one investment property for another and defer capital gains taxes. Marissa is an expert in real estate investments and helps clients navigate the complexities of 1031 exchanges. Her qualifications as a paralegal and Certified Exchange Specialist (CES®) further underscore her expertise in this field. Beyond client work, Marissa regularly conducts seminars to educate real estate professionals and investors on the numerous benefits of IRC Section 1031.

Most investors work long and hard to build sizable real estate portfolios. However, there are ways to shortcut the process. How can a 1031 exchange help you transform your investment strategy?

A veteran in the area of 1031 exchanges, Marissa LoCascio says the strategy can be a game-changer for real estate investors, enabling them to achieve both short- and long-term investment objectives. By repeatedly employing a 1031 strategy, investors can sell properties and reinvest the proceeds in more real estate, all while deferring taxes. Marissa says this strategy paves the way for future acquisitions of more significant assets, such as a large commercial piece of real estate. Each use of this strategy brings investors closer to their ultimate goals.

In today's episode of The Same Day Podcast, Yoni Schmidt joins Marissa LoCascio, Senior Vice President and Chief Compliance Officer at 1031 CORP., to discuss the intricacies of 1031 exchanges. Marissa shares her insights on how investors can leverage the 1031 strategy to achieve their investment goals, the common misconceptions regarding 1031 exchanges, and the rules and processes for executing a successful 1031 exchange.

Brad and Megan Skaggs are the Founders of Beauty of Wealth, a venture that empowers and supports beauty professionals to become financially literate. Brad is also the Facility Solutions Manager at City Wide Facility Solutions, an experienced real estate developer, and an inspirational business leader. With over 12 years of experience in the real estate industry, Brad's expertise spans development, property management, and entrepreneurship.

Megan is a hair stylist professional at HAIR+CO and has launched multiple businesses. The two continue to invest in real estate as a way to increase wealth while teaching other beauty professionals financial literacy through their Beauty of Wealth platform. Together, they aim to inspire and positively impact people's lives.

Working with your spouse comes with its share of challenges, but running a business together can be even more complicated. How did one couple merge their careers?

When you have a vision for your life, perseverance can open up new opportunities. Husband and wife duo Brad and Megan Skaggs found themselves in a mound of debt but had aspirations of financial freedom. Although Brad was in real estate development, and Megan was working in a beauty salon, they aligned their careers toward one common goal, which gave birth to a new business. They began their journey by paying off debt and investing in real estate. As they began learning new wealth-building strategies, Megan's colleagues started asking for advice and direction. By pursuing opportunities that align with your values, you can achieve your goals while helping others work toward theirs.

On this episode of The Same Day Podcast, Yoni Schmidt chats with Brad and Megan Skaggs about their career evolution. Brad and Megan share their insights on real estate development, lessons on determination, and how they started a new business venture.

Nate Tew is the Co-founder and CEO of the Keyrenter Property Management Franchise and the Co-founder of Keyrenter Property Management Salt Lake City. As a skilled professional in his field, he has successfully devised and executed robust business strategies and cutting-edge systems and technologies to streamline operations. Nate collaborates with his team members to introduce novel processes and strategies that drive growth and efficiency.

Nate is also a member of the National Association of Residential Property Managers (NARPM) and has served two terms on the Utah Chapter Board. As a frequent guest speaker, he shares his expertise on best business practices and innovative ideas in the property management industry.

Knowing the local real estate market is essential for property managers, but is it enough to succeed in this field? Despite this knowledge, many property management companies struggle. What key factors enable a property management business to grow and expand?

As a property management professional, Nate Tew has developed processes that propel success. Although a strong understanding of the local real estate market is crucial, he says successful property managers must also have a knack for problem-solving and the ability to quickly address issues that arise. They can handle maintenance requests, tenant complaints, and other concerns promptly and efficiently. People who align with the company's mission and values help make that happen, and having a robust set of processes and systems in place, along with the right technology, can help streamline operations and improve the overall experience for tenants and property owners. Nate explains that if you strive to elevate your communication and level of service, you'll boost and expand the growth of your business.

Join Yoni Schmidt on this episode of The Same Day Podcast with Nate Tew, Co-founder and CEO of Keyrenter Property Management Franchise and the Co-founder of Keyrenter Property Management Salt Lake City, to talk about the journey that has led Nate to where he is today. Nate shares why he enjoys the property management industry, what it takes to grow and scale a property management business, and the trends that are leading the industry.

Dick and Diane Higgins are a husband and wife duo with over 20 years of experience in real estate that includes home sales, property management, and investing in real estate rental properties. Together, they have built an impressive personal investment portfolio and have managed over 200 properties. They are the founders and former owners of Main Street Property Management, which they sold to Keyrenter Property Management Arkansas.

Dick and Diane are both realtors for RE/MAX Real Estate Results. After selling their business to Keyrenter, Diane transitioned into a Business Development Manager role there, continuing to have a significant impact on the property management landscape. Dick is also a Realtor at Prime Real Estate & Development. Additionally, Dick and Diane work with nonprofit organizations such as Cobblestone Farms and Beautiful Lives Boutique.

Working with your spouse can be challenging for any couple. However, Dick and Diane Higgins have managed to build a career together in the real estate business.

With over two decades spent in the real estate and property management business, Dick and Diane have dedicated their lives to helping others buy homes and guiding investors to find suitable rental properties. For spouses to work together effectively, Dick and Diane credit understanding each other's strengths and weaknesses and maintaining communication and a solid relationship. This carried over to how they've managed a thriving business. One of the most significant keys to success in their line of work is building relationships with property management team members, real estate investors, home buyers and sellers, and tenants. They believe treating people as individuals through direct involvement in the process and valuing their specific needs and goals is essential.

Tune in to this episode of The Same Day Podcast as Yoni Schmidt talks with Dick and Diane Higgins about their journey in the real estate business. Dick and Diane explain the decision to sell their business, why strong relationships and team building are essential in property management, and what they have planned for the future.

Walter Bowser is the Business Development Manager at Keyrenter Property Management Oklahoma City, which provides property management solutions for homeowners and real estate investors. He is primarily responsible for driving growth and ensuring the organization's long-term sustainability. As an entrepreneur, he has experience in sales and product research and development. Before Keyrenter, Walter was the Co-owner of Bubble Calm, a Resident Services Manager and Housing Assistant at The Scion Group, and a personal banker for Simmons Bank.

Property management companies and real estate agents can foster a fruitful relationship that benefits both parties. What can property managers do to build relationships and support real estate agents?

Walter Bowser shares insights on how property managers and real estate agents can develop a mutually beneficial relationship. By offering realtors tools to grow their businesses, property managers can attract new clients, which is profitable for both sides. At Keyrenter Property Management, Walter supports realtors in many ways, including providing a rental analysis that helps buyers determine rate expectations, offering an investment performance analysis, and recommending prime purchase locations where buyers can maximize their ROI. Through this partnership, realtors may refer their investor clients to Keyrenter and, in turn, receive a referral fee. Keyrenter helps realtors provide exceptional service so they can acquire more buyers and sellers. It's a win-win situation!

In this episode of The Same Day Podcast, Chad Franzen of Rise25 interviews Walter Bowser, Business Development Manager at Keyrenter Property Management, about why you should build relationships with real estate agents. Walter talks about the tools Keyrenter offers realtors, how they support realtors, and how the relationship between the property manager and real estate agent benefits everyone involved.

Aaron Wynn is the Owner and Operator of Wynn Plumbing, LLC, which has served Oklahoma City and the surrounding areas for over a decade. From minor repairs to major installations, the company provides top-quality, affordable plumbing solutions for homes and offices. Aaron focuses on helping homeowners navigate and repair routine plumbing issues through educational videos.

When renting properties, owners frequently face various inconvenient maintenance and repair issues. One problem that remains top of mind is plumbing, particularly clogged and frozen pipes and malfunctioning water heaters. What do homeowners need to know about plumbing maintenance, and how can they make repairs themselves?

With a wealth of plumbing knowledge, small business owner Aaron Wynn says that the most common issues he encounters are pipes clogged with foreign objects and damage to tankless water heaters from improper use. Copper and cast iron pipes used in older homes tend to have increased buildup, whereas PVC pipes can tolerate objects like flushable wipes. To prevent frozen pipes from bursting, Aaron recommends turning your faucets on to relieve pressure. Tankless water heaters must be flushed out at least once a year to maintain longevity. Most maintenance and repairs should be conducted by professionals to avoid further damage, but to save money on additional plumbing expenses, Aaron recommends repairing faucet leaks yourself using DIY videos for guidance.

In this episode of The Same Day Podcast, co-host Walter Bowser of the Keyrenter team interviews Aaron Wynn, the Owner and Operator of Wynn Plumbing, LLC, about typical homeowner plumbing concerns. Aaron shares the most common pipes and their purpose, how he adapts to rising prices amid inflation, and how to ensure your hot water tank complies with city regulations.

Jared Goldfarb is the Senior Vice President of Commercial Lending at BancFirst, a financial institution with over 100 locations across 60 communities in Oklahoma. BancFirst offers a range of personal and commercial products, including trusts, insurance, and investment services.

Directly after graduation, Jared began his career in the banking industry selling annuities, mutual funds, and home equity lines of credit. After working at a few banks, his interest in commercial lending grew, and once he received an offer from BancFirst, he found it to be a perfect fit. He enjoys the community-focused atmosphere and the emphasis on relationship-based customer service and has played a pivotal role in shaping the financial landscape of numerous businesses.

Is it possible for a large bank to offer a range of products while maintaining a personal touch? Achieving this balance can be challenging but it's not impossible.

Jared Goldfarb, a seasoned banking professional with two decades of experience, strongly believes in the importance of mutual respect and loyalty in building robust customer relationships. Large banks offer a broad range of products, but Jared prioritizes understanding his clients' needs and tailoring his services accordingly. Providing personalized service and quick response times is critical to maintaining the relationship. Highly selective when assessing potential clients, Jared prefers to establish long-term banking relationships with people rather than facilitating one-off transactions. Valuing conversations with clients to understand their vision will preserve a firm connection in the future. By focusing on building trust and providing exceptional customer service with a small-town feel, clients eventually become advocates and help grow the business through networking.

On today's episode of The Same Day Podcast, Yoni Schmidt joins Jared Goldfarb, the Senior Vice President of Commercial Lending at BancFirst, to discuss how a large bank can offer the service and benefits of a small one. Jared shares why he believes building people-focused relationships is essential, how a bank can differentiate itself in a sea of competition, and some common misconceptions in the commercial lending space.

Brandon Neth is a growth manager, team builder, investor, and consultant with a significant following on social media. Over the last decade, he has been the Growth Manager for FinanceBuzz, including the FBZ Elite Facebook travel group, and the Co-founder of Evergreen Properties, where he and his wife Mariel have built an impressive portfolio of single and multifamily properties. He runs his Facebook and YouTube presence for The Neth Lab, where he discusses real estate, travel, and financial independence. Brandon has been featured in Business Insider, Yahoo, MSN, Credit.com, U.S. News, and Reader's Digest.

In the business world, you can reap many rewards by surrounding yourself with intelligent, educated, and experienced people. The lessons you learn from somebody in one sector can be applied to others, providing you with a broader perspective and a competitive advantage.

As an entrepreneur, Brandon Neth networks for many reasons. He says learning from others' mistakes is valuable since you can avoid similar pitfalls in your own business pursuits. As a real estate professional and investor, Brandon used networking to connect with a realtor who eventually became his business partner. Through that relationship, he built associations with tradespeople, including plumbers, electricians, painters, drywallers, and others, to help grow his real estate portfolio. By learning from people who have faced similar challenges, you can apply what you've gained, and through trial and error, you can polish your business skills to improve your processes. Additionally, Brandon explains how he's used networking to build a significant social media following for his travel, financial literacy, and real estate channels.

On this episode of The Same Day Podcast, Yoni Schmidt and Brandon Neth share insights on the power of networking. As an entrepreneur with a knack for real estate, travel, and financial independence, Brandon explains some of the pitfalls of growing a business, how adopting technology streamlines processes, his advice to aspiring property managers and investors, and his views on financial literacy.