Unstoppable REI Wealth

Today on Unstoppable REI Wealth I am joined by Ruben Izgelov.

Ruben had over a decade in the real estate industry – acquiring, flipping, developing and financing over $500 million worth in real estate – Ruben has quickly become a renowned real estate expert, speaker, and guide for many professionals in the industry.

Ruben originally, started as a hard-working eight-year-old boy distributing flyers on the streets of New York, and to this day still takes that work ethic with him everywhere he goes. He is a graduate of St. Johns University and Touro School of Law, where he earned a BS in legal studies and his JD, finishing cum laude and magna cum laude.

We Lend is a private money lender focused on servicing real estate investors by providing quick and low-cost capital on their investment properties. We Lend’s approach to lending is centered around the investor, therefore allowing the investor to focus more on their investment and less on the loan process. We Lend was founded by a group of real estate investors, whose emphasis was on acquiring and improving distressed properties. So, whether or not you are an experienced real estate investor – We Lend’s team has the qualifications to exceed expectations and can assist in the expansion of your real estate portfolio.

Key Takeaways From Today's Episode:

[00:03:25] Eventually I was introduced to real estate, right around 13, 14 years old. One of my cousins who was actually a flipper at the time, doing it the old school way door knocking on doors and trying to convince sellers to sell their property to him and he had a hard time with people opening doors. So, he asked me as a 13 year old, he's like, you know what? You're young, you're cute. You know, I think people would open the door for you. Why don't you come and join me and help me. So that's exactly what we did for the summer.

[00:07:52] I started flipping, and my go-to guide my mentor to this day. He's my mentor was my hard money lender. Don't get me wrong. He was charging me an arm and a leg. I think I was paying anywhere between 14 to 15% with two and a half to three points at the time. But it was well worth. It, it was worth every single penny for me, but he was old school. He's still around. God bless him. But he was old school, no emails, you know, only phone calls, notes. Only fax machines and we thought that we can definitely change the bar market and definitely improve on it.

[00:14:30] So as private lenders, our focus is always the asset, right? We want to make sure that, you know, the borrower, that the property is profitable when they're buying the property and flipping it we want to make sure that the property is vacant or not. Doesn't really matter, but we just want to have that those numbers in mind and have those assumptions that are. So our real focus is the asset in the beginning, but then also we want to make sure that the borrower has a track record. And if they don't, that's fine.

[00:14:55] 620 credit for us is excellent credit we want to make sure that the borrower has enough liquidity to not only buy the property, but also start the renovation because when we fund the project to the leverage point, I don't think we even touched on that. And depending on the borrower's experience, we can go up to 90% of the purchase and a hundred percent of the construction cost that huge.

Thank you all for listening and I will see you on the next episode.

When you are ready head on over to https://billyalvaro.com or go grab your tools to help you at https://billyssecrets.com

Today on Unstoppable REI Wealth I am joined by an incredible woman in Jhanel Wilson.

While being a full time chemical engineer, Jhanel used loans and credit cards to stop her dads property from being demolished and sold at auction. After going through the usual ups and downs of the renovation process, she successfully completed the project and began cash flowing, immediately seeing the power of real estate.

Through the years, she has strategically used leverage, built relationships, developed different strategies which lead her to be financially free since 2012.

Today, she is the Founder and CEO of The Savvy REI with an eight-figure portfolio and on a mission to share her 17+ years of hard lessons & personal strategies to help people understand, master and succeed with real estate investing.

At the age of 22 Jhanel's first property came with all of the challenges and then began cash flowing $700 a month. At that point she realized she could definitely make more money in real estate than she ever will with her engineer job.

Jhanel teaches how to utilize credit cards and hard money loans while building your real estate portfolio.

Key Moments:

* [00:03:47] And then I had to actually refinanced and use the equity in the house to pay for the rest of it. So since I started on libraries, I continued through leverage

* [00:07:48] You know, the tenants would complain about them. They would pay the wrong bills and it was just a hot mess. They were more to manage them. So we decided to get property management software, we use building them. And so we can pretty well, we just use what they use. We do a better job than most property managers, I would assume.

[00:08:05] Plus I rent with the section eight and a lot of property managers don't like section eight. I feel like they just know how to manage them. So we manage our section eight. We know how to use the tenants. And so we do every job I was thinking about having a harden management company actually.

[00:09:58] Billy: Take us through how you go about vetting your tenants to make sure they're good tenants.

[00:10:22] Jhanel: So, this is the thing, because I don't have to worry about getting paid. I don't pop out people based on their income. So that gets split up a huge qual heart that people have to go through. So it's like first you got to find people that can afford it. And then you have to find people who I have a good personality.

[00:10:36] So, because I don't have to worry about the income part that leads me to. On the personality and other things about them. And so the biggest, the worst kind of tenants are entitled tenants. And it's because you can never make them happy, no matter how awesome you fix things, no matter how often you try to fix them, that we're talking to them, they're just not happy.

[00:17:49] I'll put in a new vanity and once you put a layer of paint on everything, it looks good. So I just focused on painting kitchen and bathrooms, and I like Hardwood floors. That's probably the only thing that I consider first, but it looks really nice too, but it lasts forever.

Thank you all for listening and I will see you on the next episode.

When you are ready head on over to https://billyalvaro.com or go grab your tools to help you at https://billyssecrets.com

Welcome back to Unstoppable REI Wealth. Today I am joined by Dan Rochon. Dan is an absolute power house in business and real estate. He wrote a book that you get to hear about and the info that Dan shares is so good that at the end of the show I am committing to ordering the book and reading it myself so go grab your copy as well.

I few moments in time during this episode that I need to point out;

[00:09:21] Dan: I am about three months into the book realizing like, oh my goodness, I'm actually writing a book here. And that's when I realized what I was doing. But to say about that dedication, John Maxwell, who's an author and a coach, you know, influential person. He was, at a conference that I was not long before I started writing. And he was there to teach a concept about dedication. And he used his own work of writing where he says, listen, there's not a day that I don't write, even if it's 10 minutes

[00:12:30] Dan: Then I'll talk to you about lead generation, organization, building and leadership. So what gets in our way, what gets in our way is typically there's, there's something that I teach in the book of accounts that have called if yes, then how, and so when I'm coaching, I'll ask people about what is it that you want to achieve?

[00:17:55] Billy:And I knew specifically my what was real estate investing. I knew my why was honestly had no Fing choice because I was broke and $14 million in debt. But what I didn't know is that how and I really didn't give a shit. About the how, because I knew that how I needed to figure out or find somebody emulate the as success, leaves, clues to figure it out with me.

[00:21:40] Dan: What you have to understand is what is the basic premise of any business and any business, whether if you're a real estate investing, real estate sales, dental hygienist, dental repair or whatever the case may be. In my other office, that's been there for about 15 years. I've got this blue piece of. That has laminate and it says I am not in the real estate sales business. I am in the lead generation business specializing in real estate sales.

You hear that? Let it sink in. We are all in the LEAD GEN business!

Listen in for the rest of the conversation with Dan!

About Dan:

Dan Rochon is a Certified Practitioner in the Art and Science of Humanistic Neurolinguistic Psychology and Neuro-Linguistic Programming from the Washington DC Hypnosis Center. He is a student of human experience and potential.

Dan‘s purpose in life is to help people achieve their greatness and to open doorways for their success through his teaching, coaching, and mentorship. He leads the Greetings Virginia Sales Network for his agents and staff to exceed expectations. 

Dan is the Author of  Real Estate Evolution: The Ten Step Guide to (C.P.I.) -Consistent and Predictable Income

As a real estate sales agent, Dan and his team are consistently top producers in their marketplace and provide solutions for their clients. Through their investment company, Dan and Traci Rochon have been investing in residential and commercial real estate ventures for more than the past two decades.

The media often quotes Dan Rochon, and he frequently speaks about the current real estate market. Dan has been featured on The Nightly News with Brian Williams, The Today Show, CNBC, The Washington Post, The Washington Examiner, WTOP News, Voted as The Best of DC Real Estate agent in Washington City Paper Readers Poll, and more...

Owner of the Greetings Virginia Sales Network

Associate Broker in VA, Broker in MD

Instructor at Moseley Real Estate Schools – The teacher for new agents

Grab your copy of Dan's book https://www.therealestateevolution.com

Get free training from Dan at https://thecpicommunity.com/

You guys are the best and from the bottom of my heart thank you for listening and as always come find me at billyalvaro.com or billyssecrets.com

Today on Unstoppable REI Wealth I am joined by Mike DeHaan.

Mike is the owner and Marketing and Acquisitions specialist at INW Properties LLC. A local Spokane Cash property buyers helping the economic rise of the Inland Northwest by restoring properties and making them available for lease or sale.Additionally he works as a Full Stack Web Developer with various clients developing custom web applications for their business needs. From marketing websites to complex custom online tools, I have helped businesses expand and grow online at capacities far greater than if they had a simple templates Squarespace or Wix website.Mike previously obtained his BS in Electrical Engineering from Gonzaga University in 2013 and worked as an Electrical Engineer for 5 years developing and managing large, complex projects at various companies before discovering a passion for coding and deciding a career shift was needed.

Back to the conversation at hand. Mike started his real estate business simply because he was at a startup company that was not cash flowing like he needed it to be and so he bought two houses to be rental properties.

He then got multiple properties, a duplex, a triplex and more by networking and scouring the MLS database. Oh and did I mention he left a six-figure a year job through all of this?

Listen in as Mike shares his story about building his real estate business. It was an incredibly great conversation that we had and for any of you thinking about starting, growing or scaling your real estate business this will be a great conversation to listen to.

Thank you for listening and as always come find me at billyalvaro.com or billyssecrets.com

Today on Unstoppable REI Wealth I was joined by Byron Enriquez.

Byron has a 20-year career in the finance industry using analytics driven decision making that is instrumental in the growth and development of top and bottom lines. Corporate strategy, risk management, leadership abilities led to his banking success. A strong approach to coaching and mentoring salespeople has been instrumental in the methods of success Byron has developed. He takes a casual style to handling complex financial transactions, mitigating risks, and making profitable outcome for all parties. His long standing relationships have allowed the business endeavors to flourish.

He understands finance. He understands fix and flip. He understands real estate. More importantly. He knows how to put together a deal on the financing end. So it's a win for you and a win for him.

Byron shares so much great information today that could have pulled out 20 plus key points but at the end of the day I pulled just 5 for you to take a look at.

Key Points Made Throughout The Episode:

(7:40) When people ask me what's the secret? People say, what's the secret sauce. So there is no secret sauce. It's effort, it's dedication. It's doing the right behaviors, the right amount of times

(14:21) Revamped the organization, took over and really put in a lot of the tools that I had learned over the way along the way prospecting how to do this, how to follow up, a lot of the things that I think relate to the real estate world.

And, the real estate investment side of it. It's following up, it's, doing your due diligence. It's making your phone calls. If you're going to door knock, the money is in the follow-up.

(26:05) Teaching the youth that there's a path here to make some serious wealth through real estate, whether it be flipping homes, whether it be lending, whether it's investing.

There's different ways to do so that a lot of times people aren't given these opportunities or are not shown the path to do that.

(28:46) The operator that knows that this is give them a piece of the action and have the investor put together to package and to go to somebody like yourself.

(35:41) That's our job to be able to mitigate that risk a for our protection and protecting our money. But if you, as an investor, I think to them is always like, I want to see you succeed because I want you to come back to me for your second, third, fourth, fifteenth.

As always if you need anything come find me at billyalvaro.com and billyssecrets.com

Today I'm interviewing Dan Austin, a former army ranger of eight years. Who's currently working full-time while still flipping wholesaling and has a rental portfolio of over 25 doors.

This guy and his partner are bringing in over six figures a month on the side. Now, if you want to understand what it takes. To get a business up and running while you have a family, a kid that's three years old, going to school and get your MBA working 40 plus hours a week and getting a real estate investment business, not just started, but started and scaled in a relatively short amount of time.

Too good not to share a few of Dan’s accolades which include:

Served 8 years with the US Army.

Deployed 6 times to Iraq and Afghanistan.

Ranger Squad Leader (Staff Sargent).

Awarded the bronze star with “V” device for valorous actions in Iraq

Electrical engineering degree from Gonzaga University

MBA from University of Washington

Scaling a Wholesaling business that produces six figures a month

You're not going to want to miss this episode

As always if you need anything come find me at billyalvaro.com and billyssecrets.com

Talk to you all soon!

Today on Unstoppable REI Wealth I am joined by Dom Santaniello.

Dom is currently Co-Owner of Naples Home Buyers & Naples Realty Group, an active Landlord and is a Licensed Real Estate Broker in Mass & CT. Prior to working as a Real Estate Broker, Investor and Entrepreneur, he worked as a Natural Gas Pipeline Engineer for Kinder Morgan, the third largest energy company in North America before he made the switch to being full time in the real estate world.Dom and his business partner, Luke Giusto, have closed over 50 deals together that range from Single Family fix & flips to Multi-family Buy & Holds and Multi-family BRRR projects. They have quickly built a seven-figure rental property portfolio that consists of over 25 stabilized, turnkey, Class B+ units that produce an average of $500-$650 NET profit per door.Naples Realty Group, another entity controlled by Luke & Dom, is an up and coming real estate brokerage fueled by an entrepreneurial mindset and motivated sales agents. The brokerage was formed in 2020 and has quickly scaled to 15 agents, across two states and counting! A unique culture is shared at Naples Realty Group and is fueled by financial freedom, hard work and most importantly, customer service. Many of the Naples Agents are real estate investors themselves and specialize in investment properties and negotiating favorable deals for their clients.

You don't want to miss this one!

As always if you need anything come find me at billyalvaro.com and billyssecrets.com

Talk to you all soon!

Welcome back to another episode of Unstoppable REI Wealth with you host Billy Alvaro. We are finally back after a few months hiatus and we have several great episodes lined up for you in the coming weeks. I appreciate you all for listening and I look forward to sharing more tips and tricks of the real estate world each and every week.

Today, I'm going to be interviewing Jerome Maldonado from New Mexico. He has a really cool story and when you listen to him, he started off as a contractor, got into the real estate investing game by necessity and now this guy has projects going on, literally all across America, from California to Washington, to Puerto Rico. He has his hands in just about everything.

Jerome's secret early on was doing everything himself with cash, his own cash. And he got to a point in life where he realized in order for him to grow he needed to spread his wings and bring on joint venture partners.

So if you want to learn about how he's getting involved with apartment investing, these niche complexes that he's putting together and joint ventures, this episode is something you need to listen to check them out. He also has an event that he's going to be hosting in November which he talks about at the end

You don't want to miss this one!

As always if you need anything come find me at billyalvaro.com and billyssecrets.com

Talk to you all soon!