The Same Day Podcast

The Same Day Podcast

By Keyrenter Property ManagementBusinessEntrepreneurshipManagement
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The Same Day Podcast episodes

  • Financing and Other Strategic Hacks for Purchasing and Flipping Homes

    Chris Cahill is the Owner of Cahill Property Developments, where he purchases rundown, uninhabited properties and lists updated homes for rent or sale. Through his company, Chris owns $8 million in real estate assets.

    In this episode…

    When it comes to investing in real estate, financing is a leading concern for many first-time investors. However, with tactical strategies, purchasing and flipping homes can be profitable rather than risky. One construction-trained entrepreneur multiplied his portfolio value by maximizing ROI consistently.

    With a background in property renovations, Chris Cahill takes a conservative approach to real estate investing. With each home purchase, Chris ensures an ROI of at least 100% by refinancing hard money loans after completing renovations. While acquiring profitable deals in an unstable economy is challenging, Chris recommends analyzing rental markets for ideal prices and comparing similar homes in the area to structure renovations accordingly.

    In this segment of The Same Day Podcast, Mat Zalk invites Chris Cahill, the Owner of Cahill Property Developments, to speak about purchasing and flipping real estate. Chris shares how he develops solid relationships with contractors, his plans for growing his portfolio, and how he purchases and upgrades properties.

    1 hr
  • Entrepreneurship in a Regulated Industry: How To Build a Six-Figure Business

    Smiley Elmore III is the Owner of Eminent Media, a full-service digital marketing agency offering web design, SEO, social media management, and content creation. The company hosts over 80 websites and has completed over 500 projects for clients. As a six-figure entrepreneur, event promoter, and digital marketer, Smiley develops innovative marketing solutions in the cannabis industry.

    In this episode…

    Building a business in a heavily regulated industry can be risky and requires innovative strategies to scale. When everything from marketing to brand-building is censored, is it possible to scale a company to six figures?

    Through creative marketing and SEO strategies, Smiley Elmore has demonstrated the growing value of the cannabis industry. Including cannabis-related search terms on web pages can lead to censorship, so Smiley leverages AI tools to write and optimize educational articles with backlinks to reputable medical dispensaries. By marketing businesses securely and attending supervised cannabis events, Smiley can build a trusted business around education and promotion. He emphasizes collaborating with other professionals in the industry to obtain access to funding and develop new marketing ventures.

    Join Mat Zalk in today's episode of The Same Day Podcast as he hosts Smiley Elmore, the Owner of Eminent Media, to discuss entrepreneurship in the cannabis industry. Smiley explains the fundamentals of SEO, his plans to expand Eminent's services, and his history with entrepreneurship.

    29 min
  • Rental Market Summaries: A Comprehensive Guide for Investors and Tenants

    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.

    In this episode…

    Rental market summaries effectively analyze market trends and renter behavior, helping investors structure their portfolios. How can you leverage this invaluable resource to invest wisely and position your properties in front of ideal renters?

    With deep insight into Oklahoma's rental market, Yonatan (Yoni) Schmidt observes that renting peaks in the summer and dwindles in the winter, with prices reflecting the demand. Generally, larger homes yield fewer returns because routine maintenance is higher for owners, and they have less demand because renters must consider the high cost of utilities. When investing in rental properties, Yoni recommends identifying markets with steady demand, adhering to minimum pricing standards to attract quality tenants, regularly maintaining your properties, and communicating adequately with tenants and prospects.

    In this episode of The Same Day Podcast, Yonatan Schmidt, Keyrenter Property Management's Regional Vice President of Sales and Marketing, returns to speak with Mat Zalk about rental market summaries. Yoni talks about Keyrenter's comprehensive rental market guide, rental market temperatures, and how to utilize this resource to invest in properties.

    22 min
  • Water Damage and Prevention: The Underpinnings of a Premium-Quality Contracting Business

    Jorge Sanchez is the Owner of GM Rain Management, a company specializing in water diversion, damage repair, and prevention by installing gutters and drainage systems. In his spare time, he coaches two competitive soccer teams at Blitz Academy FC and a boy's high school soccer program.

    In this episode…

    Many property owners and investors don't recognize the severity of rainwater damage. Aside from flooding, excessive rainwater can cause houses with eroded or poorly constructed foundations to sink. Today's self-made entrepreneur has scaled his business by educating property owners and thoroughly screening subcontractors. What can you observe from his efforts?

    Homeowners are often distressed and overwhelmed by the restoration levels required from rain damage. Through research, relationship-building, and an exceptional reputation, Jorge Sanchez has developed innovative solutions to clients' problems. This includes recommending regular gutter cleanings and installations to offset the costs of foundation repairs. He maintains that conducting services with transparency and accountability while explaining how rainwater diversion boosts home value allows you to cultivate client trust.

    In today's episode of The Same Day Podcast, Mat Zalk is joined by Jorge Sanchez, the Owner of GM Rain Management, to discuss the fundamentals of a credible contracting business. Jorge shares his goal to repurpose rainwater, how he cultivates relationships with subcontractors, and tips and tricks for gutter cleaning and damage prevention.

    28 min
  • Reclaiming the Real Estate Investors' Market

    Kathy Portley is the President of the Tulsa Real Estate Investors Association (REIA), a premier networking group for real estate investors in Oklahoma. As a licensed real estate agent and investor, she also works with eXp Realty, where she represents traditional consumers and investors in real estate transactions. With almost two decades of experience in the real estate industry, Kathy is a trusted coach and mentor, helping investors achieve their goals.

    In this episode…

    As the real estate market surges, institutionalized and corporate buyers purchase homes above the market rate in affordable cities like Tulsa, Oklahoma. This creates an opportunity for out-of-state investors to redefine affordable and workforce housing criteria, creating disparaged communities. How can you incentivize local investors to rebuild the market?

    According to real estate coach Kathy Portley, institutional buyers drive out local investors and landlords by paying inflated prices for real estate in cities like Tulsa. Over time, this practice can dramatically increase the property costs for traditional and local investors and make homes less affordable, causing them to raise rental rates. With rent going up, tenants may be forced into deferring payment. As a result, investors find it hard to afford to keep the property, so they sell to the highest bidder — the institutional buyer. This cylindrical cycle continues to escalate the market and affect affordable housing availability. Real estate investor networks like Tulsa REIA clarify notions of affordable housing by educating the market on tenant retaliation laws and landlord rights. Kathy also recommends instructing local investors and homeowners on the consequences of selling properties to corporate investors.

    In this episode of The Same Day Podcast, Kathy Portley, the President of Tulsa REIA, joins Mat Zalk to educate investors on the local housing market. Kathy explains her vision for scaling Tulsa REIA, the barriers to local real estate investing, and Tulsa REIA's resources for new investors.

    42 min
  • Preventing Water Damage: How You Can Save Money on Restoration Services

    Paul Dougherty is the Owner of RestoPros Tulsa, which provides water, fire, smoke, and mold mitigation for residential and commercial properties. With a background in technology, real estate, and entrepreneurship, he brings a unique perspective to the home restoration industry. Paul focuses on developing unique solutions to difficult client problems.

    In this episode…

    Many homeowners and property managers have experienced water and other damage to their homes, requiring some level of restoration. This can be expensive and time-consuming, especially if restoration companies cause additional damage attempting to reduce the initial issue. How can you mitigate home damage without undergoing an expensive and major overhaul to your property?

    Some restoration businesses profit from total property rehabilitation and encourage homeowners to completely replace damaged areas rather than attempting to lessen the damage initially. Versatile restoration and property management specialist Paul Dougherty saves his clients money by offering minimally invasive mitigation services. When experiencing water or mold damage to your property, you can utilize alternative terms like microbial growth and plumbing failures to expand insurance coverage and lessen costs. Updating your property and performing regular maintenance and repairs reduces the chance of catastrophic disasters.

    In this episode of The Same Day Podcast, Mat Zalk hosts the Owner of RestoPros Tulsa, Paul Dougherty, for a conversation about water damage mitigation. Paul shares the methods and tools for water damage prevention, how to convey service levels to residents, and the difference between property restoration and mitigation.

    36 min
  • Mapping Your Business Plan: How EOS Encourages Strategic Alignment

    Nate Brim is a Certified EOS Implementer at EOS (Entrepreneurial Operating System) Worldwide, a management operating system that drives business growth. As a serial entrepreneur, he has started and operated several businesses, including an accounting firm, where he implemented EOS to alter the company's trajectory.

    In this episode…

    Every business is composed of visionaries and integrators — those who formulate ideas and those who execute them. Yet inefficiencies arise when visionaries attempt to make decisions or integrators execute numerous goals simultaneously. How can you streamline your business operations to initiate visions effectively?

    EOS (Entrepreneurial Operating System) promotes vision alignment, accountability, and discipline through a set of tools that allows businesses to set incremental goals. With this system, EOS implementer Nate Brim says you can determine if you align with the visionary or the integrator. After gaining clarity on leadership roles, integrators can evaluate and select the visionaries' most practical objectives. Yet even creative-minded professionals exhaust all their ideas, so Nate says to make small adjustments to existing operations to refine business processes regularly.

    In today's episode of The Same Day Podcast, Mat Zalk sits down with Nate Brim, a Certified EOS Implementer at EOS Worldwide, to discuss how to leverage the system for strategic alignment. Nate shares how to execute decisions for further business growth, how to achieve harmony between integrators and visionaries, and the ideal scenarios for acquiring an EOS implementation coach.

    37 min
  • Why Your Mortgage Payment Shouldn't Determine Rental Pricing and Other Real Estate Misconceptions

    Walter Bowser is the Business Development Manager at Keyrenter Property Management Oklahoma City, which provides property management solutions for homeowners and real estate investors. As an entrepreneur, he has experience in sales and product research and development. Walter graduated from Oklahoma State University with a Bachelor's in economics and a minor in entrepreneurship.

    In this episode…

    As interest rates rise, renters are tightening their budgets to offset inflation. Additionally, with more properties on the market, those priced at 10% higher than the market average are more likely to remain unoccupied long-term as tenants select lower-priced rentals. How can property owners stay abreast of these trends to price rentals appropriately?

    With experience on the business side of property management, Walter Bowser has observed that most real estate investors aren't familiar with the rental process but become involved solely to maximize cash flow. This inexperience leads them to underprice rentals to only cover the mortgage payments. Property managers communicate pricing expectations with owners and investors by informing them of estimated rental value based on market trends. To improve property value and increase rental income, you can perform routine maintenance and add upgrades to align with tenant expectations. This may involve replacing floors and cabinets or improving the yard, which encourages tenants to maintain the property while you maximize ROI and save money in the long run.

    In today's episode of The Same Day Podcast, join Mat Zalk in welcoming the Business Development Manager of Keyrenter Property Management Oklahoma City, Walter Bowser, for a discussion about rental property misconceptions. Walter describes the fluctuations in the rental market, homeowner and investor FAQs about property management, and how he advises landlords on real estate trends.

    31 min
  • How Fractional CFOs Promote Financial Literacy

    Chris Hartshorn is a management consultant who partners with companies to resolve siloed growth by implementing alternative approaches. He performs consulting services for a Tulsa-based venture capital firm, where he focuses on increasing investment value through direct on-site engagement with the management team. As an Ernst & Young-trained CPA, Chris built and sold a tech company before becoming a fractional CFO.

    In this episode…

    Visionary entrepreneurs and CEOs often lack an adequate understanding of business financials, developing innovative ideas without considering the underlying costs. Fractional CFOs are trained professionals who create budgets and implement cost-saving strategies to help growing companies capitalize on their visions. What are the advantages of a CFO, and how can they streamline growth for your business?

    As a CPA turned fractional CFO, Chris Hartshorn assesses organizations' operational expenses, growth objectives, and projected ROI to structure an ideal budget. Budgeting promotes accountability and helps you identify key revenue generators and profit inhibitors. By having visibility into your financial structures, you can compare and prioritize investments and make informed decisions about profitable opportunities. Additionally, CFOs can equip entrepreneurs and other leaders with financial literacy. This allows you to raise capital by effectively communicating financial statements to potential investors.

    Join Mat Zalk in today's episode of The Same Day Podcast as he welcomes fractional CFO Chris Hartshorn to the show for a conversation about budget structuring and business financials. Chris details the differences between a C corp and an S corp, his financial literacy techniques, and how CFOs help businesses raise equity.

    41 min
  • How To Build Equity and Scale Your Business in a Fluctuating Real Estate Market

    Danny Schwab is the Owner of Keyrenter Property Management South Florida, which provides property management solutions for homeowners and real estate investors. The company helps homeowners increase their properties' value. With 30 years of property management experience, Danny has owned and managed hundreds of residential properties.

    In this episode…

    Real estate market prices have risen with inflation, and owners are raising rent to afford mortgage payments. Namely, rental prices in South Florida have increased from $800 to $1,900 for a one-bedroom apartment. With investors struggling to gain returns, how can you navigate this tumultuous market to maximize profitability?

    Property owners who increase rent are more likely to lose tenants to competitors who price rentals according to the market. Danny Schwab, a seasoned property manager, urges investors to evaluate the market daily for similar properties to develop an ideal price. Tenants maintain consistent payments when homeowners communicate with them and perform routine inspections and maintenance to preserve the property's condition. Rather than raising the rent to cover your mortgage, Danny recommends focusing on building equity on multiple upscale properties instead of relying solely on cash returns.

    In today's The Same Day Podcast episode, Mat Zalk welcomes Danny Schwab, the Owner of Keyrenter Property Management South Florida, who shares his journey of building a property management business in South Florida's lucrative market. Danny addresses the rise in eviction rates, strategies for supervising contractors, and the importance of building relationships with vendors.

    1 hr

About The Same Day Podcast

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This is the Same Day Podcast, where we discuss driving incremental business growth and other topics related to real estate, property management, and entrepreneurship.