The Same Day Podcast

Trevor Riddle is the Owner and Attorney at Riddle Law, PLLC, where he helps clients at every stage of life plan for the future through comprehensive family planning services, including estate planning, adoption, and surrogacy. As a seasoned attorney, he has 20 years of experience representing clients in real estate and business planning, protecting their individual freedom with empathy, understanding, and trust.

In 2021, congress passed the Corporate Transparency Act requiring businesses — namely LLCs — to disclose ownership parties. This purportedly reduces money laundering and the financing of terrorism. Yet tracing a company back to its original ownership is taxing, and the hidden requirements, stipulations, and exceptions can get businesses into trouble if not adhered to precisely. How can you navigate the Corporate Transparency Act effectively?

With experience guiding businesses through the legal landscape, attorney and former litigator Trevor Riddle understands the reporting requirements of the Corporate Transparency Act. He maintains that any person or entity owning 25% or more of a company must be listed on the beneficial ownership interest report. This includes shareholders, members of a board of directors, and anyone who can make decisions on the corporation's behalf. You must also include any individual responsible for filing the initial company creation documents. However, you aren't required to list these individuals on the beneficial ownership interest report if the entity was created before January 1, 2024. Additionally, if you decide to acquire an additional partner, you must update the report.

In this episode of The Same Day Podcast, Mat Zalk hosts Trevor Riddle, the Owner and Attorney at Riddle Law, who breaks down the Corporate Transparency Act. Trevor explains the exceptions to the law, how to navigate the act, and how to determine business ownerships and partnerships.

Sarah Durbin is the VP of Franchise Success at Keyrenter Property Management. In her role, she leads group coaching sessions, hosts acquisition workshops, and provides one-on-one coaching to franchise owners and their teams. Sarah also serves as a business consultant on Keyrenter's corporate team.

As a licensed real estate professional since 2006, Sarah previously owned and operated five property management firms, overseeing a portfolio of 1,200 homes. Currently, she works as an independent business consultant, where she focuses on helping small and midsize businesses streamline their operations, reduce costs, and optimize their departments to create more efficient and effective organizations.

Entrepreneurship is a demanding yet fulfilling journey. By leveraging the knowledge, insights, and best practices of those who have been there, you can navigate the ups and downs of entrepreneurship with greater ease and increase your chances of success.

As a seasoned business consultant, Sarah Durbin has developed proven strategies to help businesses run smoothly. For example, if your company is experiencing a surge in growth, how do you know if it's time to hire additional staff? Sarah recommends evaluating performance to determine if employees are overworked since productivity will suffer if they're wearing too many hats. Your people need a company culture that fosters collaboration and enhances morale, which is also crucial to building a thriving business. Continuously developing and refining standard operating procedures (SOPs) is essential to ensure clear business processes. Business owners often have much to juggle, and distractions can present a significant challenge, so Sarah suggests structuring and protecting your calendar to ensure you can manage everything from client calls and business issues to family time.

Tune in to this episode of The Same Day Podcast as Yonatan (Yoni) Schmidt joins Sarah Durbin, VP of Franchise Success at Keyrenter Property Management, to talk about how entrepreneurs can manage the demands of growing a business. Sarah talks about the challenges she first faced while growing her property management business, the importance of creating and refining SOPs, tactics to avoid disrupting your schedule, and the philanthropic endeavors she participates in to make a difference in people's lives.

Noah Bleicher is the Director of Operations at Capital Homes, a prominent home builder in the Tulsa, Oklahoma, area. In his role, Noah drives optimal efficiency and successful outcomes in all of the company's systems and processes. His proactive approach involves taking ownership of company initiatives and providing unwavering support to the sales, construction, back office, and executive teams.

As an entrepreneur with a history in leadership roles, Noah demonstrates an ability to create and nurture flourishing businesses and possesses an aptitude for improving company processes. With an appetite for variety, he founded Viet Nom Nom, a Vietnamese restaurant and food service company, and Su Casa Colombia, where he transformed a bed and breakfast into a top-ranking lodging destination.

Buying a new home can be an intimidating endeavor, especially if you're having a contractor construct it from the ground up. When investing in the biggest purchase of your life, how can your new construction company provide a premium experience?

From superintendents to subcontractors to lenders to office staff, building a home can require hundreds of hands to get it across the finish line, and most people don't understand all the moving parts that bring it to fruition. With deep expertise in managing operations and serving customers, Noah Bleicher knows the value of going the extra mile for his clients. Noah explains being proactive and transparent and educating buyers makes them feel more comfortable with the process. When customers know they can reach out and get their questions answered, it provides them with a line of communication that goes beyond what most builders offer. To deliver exceptional service and maintain high-quality standards, home builders must continuously strive to improve systems and solicit feedback from their homeowners.

In today's episode of The Same Day Podcast, Yoni Schmidt interviews Noah Bleicher, Director of Operations at Capital Homes, about his insights into the home building industry. Noah shares how home builders can improve the customer experience, why technology and automation can be a game-changer, and how housing trends are affecting home purchasing patterns.

Yonatan (Yoni) Schmidt is the Regional Vice President of Sales and Marketing at Keyrenter Property Management, which has offices in Tulsa, Oklahoma City, Wichita, and Arkansas. After working as a financial analyst at a private equity firm, he founded Tulsa Property Lad to offer clients a better way to buy, sell, manage, and invest in real estate. Yoni provides comprehensive Oklahoma real estate services and listings, supported by first-class customer service.

Real estate prices and interest rates fluctuate, and with so many factors involved in profitability, it's often difficult for investors to forecast returns. When purchasing an investment property, how can you make informed decisions?

With comprehensive experience forecasting the Tulsa, Oklahoma, rental market, Yoni Schmidt begins analyzing prospective investment properties by evaluating their income potential. This involves comparing rent prices with similar properties on the market to gauge the rental's long-term income potential. You should also calculate your projected monthly rental income compared to your total investment to evaluate your cash-on-cash return. Companies like Keyrenter Property Management allow investors to identify market opportunities and view a sweeping analysis of their investments. These dashboards provide investors with the ability to keep track of their portfolios, equity, returns, and costs, giving them an overall view of their acquisitions.

In this episode of The Same Day Podcast, Yonatan Schmidt, the Regional Vice President of Sales and Marketing at Keyrenter Property Management, is interviewed by Chad Franzen of Rise25 about determining the profitability of rental properties. Yonatan describes Keyrenter's process for purchasing rental properties in Oklahoma, how the company advises investors on purchasing properties, and the value of an investor dashboard.

Curtis Kupfersmith is a real estate sales and investment coach. After selling nearly 50 properties during his first full year as a licensed realtor, he grew a team that reached the top 1% of real estate teams in the state of Oklahoma for three consecutive years. As a real estate consultant, Curtis hosts a mastermind group and the annual Oklahoma Real Estate Conference.

Real estate investing provides an opportunity for professionals to build a lucrative business. Yet with multiple methods of breaking into the space and various strategies for profitability, what should you consider when weighing your options?

Real estate sales professional Curtis Kupfersmith never intended to venture into real estate. However, after obtaining his license and discovering he could make more money than his day job, he became a realtor before opening an independent brokerage. Throughout his journey, Curtis learned that brokerages produce limited income since property management is often involved. He warns against managing rental properties independently, especially if you're unfamiliar with the process. Since investing in real estate can be risky and you may lose money, Curtis advises regarding this venture as an alternative route to retirement rather than relying on it entirely. When selecting an investment strategy, remaining consistent is crucial to ensure a steady cash flow.

In today's episode of The Same Day Podcast, Mat Zalk speaks with Curtis Kupfersmith, a real estate sales and investment coach, about his journey as a real estate investment and agent. Curtis mentions how he transitioned into sales coaching, the widespread challenges real estate professionals face, and how to develop relationships with bankers.

Hannah Shelburne is the Business Development Manager at Keyrenter Property Management in Arkansas, where she manages short-term rental properties. With experience managing both long- and short-term rentals, Hannah closes real estate deals by identifying clients' pain points and offering top-notch services to resolve them.

Steve Howard is the Business Development Manager at Keyrenter Property Management in Wichita, where he manages short- and long-term rental properties.

Yonatan (Yoni) Schmidt is the Regional Vice President of Sales and Marketing at Keyrenter Property Management, which has offices in Tulsa, Oklahoma City, Wichita, and Arkansas. After working as a financial analyst at a private equity firm, he founded Tulsa Property Lad to offer clients a better way to buy, sell, manage, and invest in real estate. Yoni provides comprehensive Oklahoma real estate services and listings, supported by first-class customer service.

With more people leasing their homes temporarily on platforms like Airbnb and VRBO, many real estate investors have considered investing in short-term rentals for consistent cash flow. However, the management process for these properties is considerably more strenuous than traditional long-term rentals. What should you consider before entering the short-term rental market?

With extensive experience managing short-term rentals for landlords, management executive Hannah Shelburne maintains that while this method is high-risk, it can be profitable for investors wanting to diversify their assets. However, you must recognize that short-term rentals necessitate an ongoing management process involving maintaining property and yard cleanliness, sourcing technicians to resolve frequent issues, restocking inventory, and assessing if anything was damaged. Additionally, long-term rental expert Steve Howard warns against listing and booking short-term rentals on commercial platforms since they merely facilitate fast transactions rather than source quality tenants. If you're struggling to obtain a consistent cash flow with short-term rentals, versatile property manager Yoni Schmidt recommends assessing market trends to consider converting the property into a long-term rental.

In this episode of The Same Day Podcast, Mat Zalk invites Hannah Shelburne, Steve Howard, and Yonatan (Yoni) Schmidt of the Keyrenter Property Management team to speak about short-term rental management. Together, they share the differences in managing short- and long-term rentals, how to maximize cash flow on short-term rentals, and the influx of short-term rentals in Northwest Arkansas.

Alfredo Madrid is the Regional Manager of The Mortgage Link, Inc., a full-service lender providing various mortgage solutions. In his role, he leads a team of highly skilled professionals who provide clients with an exceptional home financing experience. With over a decade of experience in the real estate industry, Alfredo has ranked in the top 1% of lenders in the nation for the past seven years.

When browsing the real estate market, one of the first factors people consider is whether they should rent or buy. This decision often depends on the individual's short- and long-term goals and credit and employment history. How can you evaluate the renting and buying requirements to make an informed decision?

According to real estate veteran Yoni Schmidt, if you lack credit, you may want to consider renting initially and develop goals to purchase a home in the future. To establish or rebuild credit, maintain smaller balances on your credit cards and avoid making large purchases to mitigate debt. Additionally, the rental market emphasizes consistent working hours, so verify any gaps in employment history and compile your tax returns before renting. When you're ready to purchase your first home, Yoni recommends buying down your interest rate to reduce monthly payments. First-time homebuyers are often incentivized to purchase properties from builders with a price reduction of up to $40,000.

In this special episode of The Same Day Podcast, guest host Yonatan (Yoni) Schmidt sits down with Alfredo Madrid, the Regional Manager of The Mortgage Link, to talk about the details of buying and renting homes. Yoni explains the importance of a budget for first-time homebuyers, how his upbringing led to a career in real estate, and how real estate prices and interest rates have fluctuated.

Max McGuirk is a Commercial Real Estate Broker at McGraw Commercial Properties, which specializes in the disposition, acquisition, and leasing of office buildings, industrial properties, and land. With over two years of commercial real estate experience, Max delivers custom solutions for customers in large and small transactions. He has been investing in real estate since he was 21 years old.

Real estate investing is a lucrative way to earn money without exerting much effort. Yet reaching a level of profitability requires strategic thinking and a willingness to take calculated risks. Discover how an ordinary professional with a versatile background built a diverse real estate portfolio from the ground up.

With an education in accounting and a flair for athletics, Max McGuirk purchased two homes after competing in professional wrestling. Struggling to find momentum in his career, he became a teacher before discovering sales. Max excelled in this field, leading him to engage in tactical real estate investing, yielding high returns on neglected properties. When starting out, you'll need to obtain funding, so Max recommends partnering with an experienced professional in the industry to split the costs. Since purchasing and renovating properties can also be risky, Max ensures he secures at least a 10% return rate on each transaction by estimating and including repair costs in the price. Through these methods, you can build a robust portfolio and generate consistent profit.

On this episode of The Same Day Podcast, Mat Zalk chats with Max McGuirk, a real estate investor and Commercial Broker at McGraw Commercial Properties, who shares strategies for real estate investment growth. Max talks about the investment strategy he leverages when interest rates rise, how he secured financing for a risky investment deal, and how to structure owner financing agreements.

Yonatan (Yoni) Schmidt is the Regional Vice President of Sales and Marketing at Keyrenter Property Management, which has offices in Tulsa, Oklahoma City, and Arkansas. After working as a financial analyst at a private equity firm, he founded Tulsa Property Lad to offer clients a better way to buy, sell, manage, and invest in real estate. Yoni provides comprehensive Oklahoma real estate services and listings, supported by first-class customer service.

Real estate is often a top choice for investors exploring alternative methods of generating passive income. New landlords employ property management companies to help manage their assets, so these businesses must foster loyalty and trust. What actions can you take to ensure your clients receive premier management services?

Investing in real estate can be a significant risk, as many invest hundreds of thousands — even millions — of dollars in fluctuating markets. Property management companies must maintain total transparency with their clients, allowing them to view monthly income and expenses. As a progressive business development professional, Yoni Schmidt has segregated his sales and marketing department into three divisions: property management service sales, brokerage sales, and marketing. Each sector contains educational resources and personalized offerings to provide landlords with high-quality assistance.

In today's exclusive episode of The Same Day Podcast, Chad Franzen of Rise25 interviews guest host Yonatan (Yoni) Schmidt, the Regional VP of Sales and Marketing at Keyrenter Property Management, about the company's customized service offerings. Yoni discusses Keyrenter's new infographic campaigns, his upcoming role as the podcast's guest host, and how Keyrenter prevents trust erosion with clients.

Rockford Steele is the Vice President and Loan Officer at Stout Funding, a commercial loan brokerage helping real estate investors secure funding. As an active real estate investor with a portfolio of rentals, he has been a financial advisor, property and casualty insurance agent, and realtor.

When it comes to securing loans, real estate investors often lack the bandwidth to determine the best loan or lender. Fortunately, loan brokers are available to help borrowers decide which type of loan meets their financial needs, assessing commercial and private lenders and determining the ideal type of loan for the borrower's situation. How does a broker help you find the appropriate loan to fit your investment goals?

As a financial advisor turned real estate investor and loan officer, Rockford Steele can help you navigate the complexities and narrow your loan choices. Conventional 30-year loans offer many options, including lower fixed or adjustable rates, but the qualifications are generally stricter. If you choose a federally backed loan — like a VA or FHA — it's easier to meet the criteria, particularly if you have a low credit score. However, a commercial loan may be a good choice if you're a business or LLC; although the interest rates may be higher and the loan period shorter, the application process is often simpler. Real estate investors may choose a DSCR (Debt Service Coverage Ratio) loan if their DSCR is high enough so the cash flow is better, providing them with a favorable rate. With so many factors and variables, it's beneficial to have a broker on your side to navigate the complexities.

In this episode of The Same Day Podcast, Rockford Steele, the Vice President and Loan Officer at Stout Funding, joins Mat Zalk for a discussion about real estate investment loans. Rockford explains the various types of loan options, how interest rates are determined, and which loans are best for the different asset classes.