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Donna Reid is a residential broker with 20 years of experience passionate about helping clients not just through the transaction and beyond. Donna shares her experience during the financial crisis and how she helped clients transition from short sales to renting and owning again. She emphasizes the importance of taking emotions out of the picture and focusing on clients’ needs to provide excellent service.

Tune in to this episode as Donna shares her expertise in residential brokerage, financial planning, investment strategies, mindset, and more!

[00:01 - 01:46] Opening Segment

• We welcome, Donna Reid!
• Donna has been in real estate for 20 years and is a residential broker

[01:47 - 24:16] The Importance Of Trust, Faith, And Flexibility In Commercial Real Estate Investing

• Transitioning into multi-family real estate as she approaches retirement age
• The current market is different due to increased equity in homes
• Being passionate about helping realtors build passive income
• The importance of financial education and finding a mentor

[24:17 - 30:13] THE FINAL FOUR

• What's the worst job that you ever had?
  • Cleaning walls at a retail store
• What's a book you've read that has given you a paradigm shift?
  • “The Go-Giver” by Bob Burg
• What is a skill or talent that you would like to learn?
  • Learning a second language
• What does success mean to you?
  • Donna says, “Success to me means to be able to do what you want to do when you want to do it.”

Connect with Donna Reid: 

LinkedIn: Donna Reid

Instagram: @donnasellsny 

Twitter: @donnasellsny

Facebook: donnasellsny

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Tweetable Quotes:

“Creating that passive income and getting that little bit, it may not be a lot, but you know what that coming in will make a big difference to your life.” – Donna Reid

“I always ask my clients, are you comfortable with that monthly payment? But if you're not comfortable, let's take a step back and maybe look for something different where you are comfortable with the monthly payments” –  Donna Reid

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John Todderud established Cardinal Oak Investments to provide chances for reliable, long-term investments in the most dependable kinds of real estate, multifamily apartments. Working with other seasoned professionals, he forms real estate syndications to invest in apartment buildings in areas with potential for expansion in the U.S. His history of software development, managing technical teams, and implementing large software projects at Fortune 500 companies enabled his triumph in real estate.

Tune in to this episode as John provides valuable insights into real estate investing for both newbies and experienced professionals alike!

[00:01 - 01:23] Opening Segment

• We welcome, John Todderud!
• John ventured out to invest in the Carolinas and now focuses on the Midwest

[01:24 - 22:12] Building A Competent Team And Finding Opportunities In Distressed Properties

• The challenges and success of syndication
• How he founded Cardinal Oak Investments
• Syndication is a popular route for real estate investment
• Underwriting and understanding what makes a good deal are crucial skills for successful real estate investment

[22:13 - 28:40] THE FINAL FOUR

• What's the worst job that you ever had?
  • Consulting in the IT industry
• What's a book you've read that has given you a paradigm shift?
  • “Living with a SEAL” by Jesse Itzler
• What is a skill or talent that you would like to learn?
  • Playing the piano
• What does success mean to you?
  • John says, “Success is to have personal freedoms to do what I choose, support the causes that I choose, and know that my family is comfortable.”

Connect with John Todderud:

Website: Cardinal Oak Investments

LinkedIn: John Todderud

Instagram: John Todderud

Facebook: John Todderud

LEAVE A 5-STAR REVIEW by clicking this link.

WHERE CAN I LEARN MORE?

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Tweetable Quotes:

“You have to know how to build relationships because you're not going to do it all yourself. You're not going to be able to take it all on. And you have to have competent people.” – John Todderud

“They're critical. You have to find the right people.” – John Todderud

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Patrick McDonald is the Principal at Community Management Group LLC. He was a corporate medical recruiter for 8 years before going into real estate investing full-time. He discovered mobile home parks and sold his small multi-family, and started buying parks. He never put in more than $60k each and has grown to 23 parks, 1400 lots, and around $75 million in value. Building towards 3500 lots in the next 3 years.

Tune in to this episode as Patrick shares valuable insights into the mobile home park industry and how one can achieve success in this industry!

[00:01 - 04:12] Opening Segment

• We welcome, Patrick McDonald!
• Patrick started with a duplex and transitioned to mobile home parks after finding an opportunity in their backyard
• Using the syndication model to bring on investors and acquire more properties

[04:13 - 15:38] The Challenges Of Finding Good Deals And Raising Rents Responsibly

• Focusing on buying parks owned by mom-and-pop owners
• Direct-to-owner methods to find deals before brokers do
• Studying the market and present residents with comparable lot rents in the area
• RV parks are mostly long-term stay and function similarly to mobile home parks

[15:39 - 30:37] THE FINAL FOUR

• What's the worst job that you ever had?
• Packaging screws in a factory
• What's a book you've read that has given you a paradigm shift?
• “The Richest Man In Babylon” by George Samuel Clason
• What is a skill or talent that you would like to learn?
• Trying not to turn off being an entrepreneur when he is at home
• What does success mean to you?
• Patrick says, “Success is getting bigger than the job and the business.”

Connect with Patrick McDonald:

Website: Community Management Group LLC

LinkedIn: Patrick McDonald

LEAVE A 5-STAR REVIEW by clicking this link.

WHERE CAN I LEARN MORE?

Be sure to follow me on the below platforms:

Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.

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None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.

Tweetable Quotes:

“It's really important that you create that value, before you start to ask people to pay more.” – Patrick McDonald

“It's always been hard to find good deals, but because we've done that and not relied on brokers, we've been able to go out and find deals and still do find good deals.” – Patrick McDonald

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Yosef Fisher is a Co-Founder at First Fund, Yosef shares his journey from working at a takeout place to buying and selling businesses. He realized the need for funding in the process, he discovered 0% business funding through banks, which allows businesses to access a line of credit or business credit cards and invest in assets that produce cash flow.

In this conversation, Yosef emphasizes the importance of leveraging banks to access capital and buy established businesses already producing cash flow.

Tune in to this episode to learn more about Yosef’s advice about leveraging banks for business funding, buying cash-flow-producing businesses, and investing in assets rather than liabilities!

[00:01 - 02:58] Opening Segment

• We welcome, Yosef Fisher!
• Yosef shares his background, starting from working at a takeout place to buying and selling a business
• His emphasis on the importance of mastering bank leverage to access capital

[02:59 - 36:17] The Benefits Of Business Funding And Get High Credit Limits

• Finding a business to buy can be challenging, but tapping into personal networks can yield the best deals
• Focusing on a niche or skill set that you are familiar with
• Leveraging debt is a powerful tool for investing
• Investing in education and mentorship can fast-track success
• Encouraging a line of credit as security for stability and future opportunities

[36:18 - 41:18] THE FINAL FOUR

• What's the worst job that you ever had?
  • Handing out flyers
• What's a book you've read that has given you a paradigm shift?
  • “The Slight Edge” by Jeff Olson
• What is a skill or talent that you would like to learn?
  • Get a pilot’s license
• What does success mean to you?
  • Yosef says, “Success is being happy, doing what you love, and being fulfilled.”

Connect with Yosef Fisher:

Website: Get First Fund

LinkedIn: Yosef Fisher

LEAVE A 5-STAR REVIEW by clicking this link.

WHERE CAN I LEARN MORE?

Be sure to follow me on the below platforms:

Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.

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None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.

Tweetable Quotes:

“Making sure that when you do negotiate with them to make sure to articulate that to them and make sure to communicate with them how the importance of what you're trying to do for them and make sure that we're trying to elevate their business and not take it down in full collapse.” – Yosef Fisher

“Leveraging the banks is something that you really want to learn how to master to do.” – Yosef Fisher

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Christine Bellish and her husband Danny, are co-founders of The Bellish Team, a real estate investment firm dedicated to helping passive investors preserve and build wealth through strategic real estate acquisitions. As former NYC advertising executives, they spent 15 years managing multi-million-dollar marketing budgets for some of Fortune 500’s most recognizable brands but decided to pivot into real estate in 2018 in pursuit of more passive income. In 2021, in their first eight months as general partners, they raised $3M in private capital from passive investors. 

[00:01 - 01:13] Opening Segment

• We welcome, Christine Bellish!
• Christine and her husband Danny have been in real estate for about 5 years

[01:14 - 30:32] Exploring Net Lease Funds For Reliable Cash Flow

• Meeting people and attending networking events can lead to unexpected opportunities
• Syndication involves active involvement in raising capital and due diligence
• Net lease properties are leased by essential businesses
• Good customer service and a genuine personality are important in sales and marketing

[30:33 - 36:54] THE FINAL FOUR

• What's the worst job that you ever had?
  • Worked at a recruiting company
• What's a book you've read that has given you a paradigm shift?
  • “Rich Dad, Poor Dad” by Robert Kiyosaki
• What is a skill or talent that you would like to learn?
  • Working on her patience
• What does success mean to you?
  • Christine says, “It's similar to what true wealth means to me, which is really time freedom.”

Connect with Christine Bellish:

Website: The Bellish Team

LinkedIn: Christine Bellish

Facebook: @thebellishteam

Instagram: @thebellishteam

TikTok: @thebellishteam

LEAVE A 5-STAR REVIEW by clicking this link.

WHERE CAN I LEARN MORE?

Be sure to follow me on the below platforms:

Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.

LinkedIn

Youtube

Exclusive Facebook Group

www.yonahweiss.com

None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.

Tweetable Quotes:

“People want good customer service, good client relations... And I think that being relatable is really important. So, storytelling is really important.” – Christine Bellish

“Boring is good. Boring is reliable.” –  Christine Bellish

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Joe Prillaman has been actively investing in real estate since 2018. He currently has a portfolio of long-term, short-term, and midterm rentals totaling 22 doors. He is a real estate agent on Avery Carl’s team The Short-Term Shop and is best known for his ability to get a front-row parking spot at any Walmart east of the Mississippi.

Tune in to this episode to hear about Joe’s journey into real estate investing, his expertise in short-term rentals, and his unique insights on success in the industry!

[00:01 - 01:16] Opening Segment

• We welcome, Joe Prillaman!
• Joe is a real estate investor and agent who left his 9 to 5 job
• Learning from other investors in the Bigger Pockets podcast

[01:17 - 24:44] Taking The Leap And Reaping The Rewards

• Taking action and getting out of your comfort zone
• Owning single-family and short-term properties
• Short-term rentals offer active investing options
• Challenges of managing multiple properties remotely
• The importance of five-star reviews for the Airbnb algorithm
• Capital is key to growing and scaling a business
• Abundance mindset and sharing knowledge are important

[24:45 - 30:46] THE FINAL FOUR

• What's the worst job that you ever had?
  • Worked at a moving company
• What's a book you've read that has given you a paradigm shift?
  • “Never Split The Difference” by Christopher Voss
• What is a skill or talent that you would like to learn?
  • He wants to get good at surfing
• What does success mean to you?
• Joe says, “Success to me, really means taking the rare and valuable skills that you've worked so hard to build up and using them to serve other people.”

Connect with Joe Prillaman:

LinkedIn: Joe Prillaman

Facebook: Joe Prillaman

Instagram: @Joe.prillaman

LEAVE A 5-STAR REVIEW by clicking this link.

WHERE CAN I LEARN MORE?

Be sure to follow me on the below platforms:

Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.

LinkedIn

Youtube

Exclusive Facebook Group

www.yonahweiss.com

None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.

Tweetable Quotes:

“Everything that I've gotten, that has gotten me to this point, was given to me from other people who had already done it and gotten to this point. And so, that's why I love real estate.” – Joe Prillaman

“Take action, step in there, and like put yourself in those positions to get lucky.” –  Joe Prillaman

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Zasha Smith is a full-time real estate investor. Growing up in low-income housing here on Maui, was raised by a single mom, put herself through college while having her first child became a Civil Engineer, and worked for 10 years as a licensed project manager designing underground utilities for hotels, shopping centers and subdivisions across Hawaii making $70k/yr & 60hr weeks. 

Tune in to this episode as Zasha as she inspires listeners to take action toward their own financial freedom through real estate investing!

[00:01 - 01:16] Opening Segment

• We welcome, Zasha Smith! 

[01:17 - 26:51] The Power Of Networking And Partnerships In Real Estate

• Building a network is key in real estate investing
• Partnerships and complementary skills
• Clear communication and alignment of expectations
• Diversification is key in real estate investing
• Staying focused on one thing at the beginning is important
• Using social media to build relationships and attract investors

[26:52 - 34:22] THE FINAL FOUR

• What's the worst job that you ever had?
  • Working at Spencer’s gifts in the mall
• What's a book you've read that has given you a paradigm shift?
  • “Rich Dad, Poor Dad” by Robert Kiyosaki
• What is a skill or talent that you would like to learn?
  • Learn how to ski
• What does success mean to you?
  • Zasha says, “Success means living a life that you can be proud of being around positive people.”

Connect with Zasha Smith:
Podcast: Biggerpockets Podcast
Book: A Collection of Business Women
Instagram: Zasha Smith
TikTok: Zasha Smith
Twitter: Zasha Smith
Facebook: Zasha Smith
LinkedIn: Zasha Smith
YouTube: Zasha Smith

LEAVE A 5-STAR REVIEW by clicking this link.

WHERE CAN I LEARN MORE?

Be sure to follow me on the below platforms:

Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.

LinkedIn

Youtube

Exclusive Facebook Group

www.yonahweiss.com

None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.

Tweetable Quotes:

“Your network and building these relationships with people so that they will open up, their phone book for you and give you their contacts as well.” – Zasha Smith

“If you have more control over your life, you will have a more fulfilling life.” –  Zasha Smith

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Gabriel Hamel prioritizes a few things in his life, family being #1, followed by his heath, his happiness, traveling, and building wealth through real estate. 

In 2005 at 23 years old, a year after returning home from the Iraq War with the United State Army, he purchased his first single-family property, purchased another property in 2006, and another in 2007. 

At 2009-Present Gabriel has been investing in multi-family properties, mixed-use commercial buildings, and Mobile Home Parks. He currently holds a roughly $50M+ real estate portfolio consisting of 450 multifamily, mixed-use, Mobile Home Parks, and Commercial units.

[00:01 - 01:48] Opening Segment

• We welcome, Gabriel Hamel!
• Gabriel about real estate investing when he read “Rich Dad, Poor Dad” by Robert Kiyosaki

[01:49 - 24:12] Finding Success With VA Loans And Mobile Home Parks

• Shifting into mobile home parks and triple net commercial space
• Investing in real estate without raising capital
• Exploring mobile home parks for better returns than multi-family properties
• Networking and maintaining relationships to find deals

[24:13 - 30:02] THE FINAL FOUR

• What's the worst job that you ever had?
  • A job in a special education class 
• What's a book you've read that has given you a paradigm shift?
  • “The Cashflow Quadrant” by Robert Kiyosaki
• What is a skill or talent that you would like to learn?
  • Learn how to kiteboard
• What does success mean to you?
  • Gabriel Hamel says, “The biggest contributor to happiness in my life has been gratitude. And so just focus on gratitude and then health and wealth, and family outside of that.”

Connect with Gabriel Hamel:

Linkedin: Gabriel Hamel

Instagram: @GabrielrHamel

LEAVE A 5-STAR REVIEW by clicking this link.

WHERE CAN I LEARN MORE?

Be sure to follow me on the below platforms:

Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.

LinkedIn

Youtube

Exclusive Facebook Group

www.yonahweiss.com

None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.

Tweetable Quotes:

“Building wealth is not the same as making money. You go to work, you make money, you flip a house, you make money. But again, you buy and hold long enough that equity will come and, not put yourself in a position where you have to sell in order for the deal to work.” – Gabriel Hamel

“I've just kept trying to learn, continually learn, and continually take action.” – Gabriel Hamel

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Karl Krauskopf is a real estate developer and Managing Partner of Auroras Investment Group. Obsessed with growth, he flipped himself out of a corporate job in the healthcare industry and is now focused on helping others make their money work extremely hard through townhome construction and adding value to operational apartments.

[00:01 - 01:08] Opening Segment

• We welcome, Karl Krauskopf!
• Karl shares his 10 years of experience in corporate development and business strategy for a healthcare services company

[01:09 - 26:37] Exploring The Benefits Of Multifamily Investing In Seattle And Beyond

• Experiencing a huge loss but still love to pursue real estate investments
• The unique situations when converting a condominium managed by a homeowner’s association
• House hack alternative with low risk and good margins
• Refinancing and cost segregation available for cash flow benefits
• Transitioning from infill development to multifamily talk
• Self-education on how to become a master operator in the apartment space

[26:38 - 33:01] THE FINAL FOUR

• What's the worst job that you ever had?
  • Worked in a Pharmacy Tech position
• What's a book you've read that has given you a paradigm shift?
  • “Bold” by Peter Diamandis and Ray Kurzweil
• What is a skill or talent that you would like to learn?
  • Continue to get better at underwriting
• What does success mean to you?
  • Karl Krauskopf says, “Success means to me the ability to look back over some time period and say, I did everything that I could get to where I'm at today.”

Connect with Karl Krauskopf:

Facebook: Karl Krauskopf

LinkedIn: Karl Krauskopf

Instagram: Auroras Investment Group

LEAVE A 5-STAR REVIEW by clicking this link.

WHERE CAN I LEARN MORE?

Be sure to follow me on the below platforms:

Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.

LinkedIn

Youtube

Exclusive Facebook Group

www.yonahweiss.com

None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.

Tweetable Quotes:

“There will always be more investors coming into the foray that want to manage either self-manage or get into their first kind of mid-sized apartment complex. So, I think that there will continue to be, there won't be a short supply of buyers in this space.” – Karl Krauskopf

“I was intentional with my time. I spent the amount of time, that I needed to do on X, Y, Z task in order to get me to where I want to be, which is ideally it's where I am right now.” –  Karl Krauskopf

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Jenny Bayless is an investor and investor-friendly real estate agent. She owns a handful of rental properties in Colorado Springs and Pueblo. She has performed value add methodology such as BRRRR to optimize the performance of her portfolio while efficiently managing it. She has experience in obtaining deals through MLS, wholesale, networking, and FSBO; and has experience with multiple different finance sources such as conventional, hard money, and seller financing

[00:01 - 03:15] Opening Segment

• We welcome, Jenny Bayless!
• Jenny is an investor first and realtor second, and she works with Chris Lopez in the Denver real estate market
• Worked in public accounting before leaving her job to become a full-time realtor

[03:16 - 13:37] Proving The Resilience Of Long-Term Buy And Hold Real Estate

• Buying a property without thoroughly inspecting it
• Making mistakes on the financing and construction of the property
• It is a must to have a proven track record to get more favorable terms from hard money lenders
• Aiming to be thought leaders in their local niche

[23:24 - 28:3] THE FINAL FOUR

• What's the worst job that you ever had?
  • Working at a fast-casual restaurant
• What's a book you've read that has given you a paradigm shift?
  • “Investing In Real Estate With No (And Low) Money Down” By Brandon Turner
• What is a skill or talent that you would like to learn?
  • Learn how to cook
• What does success mean to you?
  • Jenny Bayless says, “Success to me is having the ability to do what you want and almost when you want and really that's it.”

Connect with Jenny Bayless:

Website: Envision REA

Facebook: Envision REA

Instagram: Envision REA

LinkedIn: Envision REA

LEAVE A 5-STAR REVIEW by clicking this link.

WHERE CAN I LEARN MORE?

Be sure to follow me on the below platforms:

Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.

LinkedIn

Youtube

Exclusive Facebook Group

www.yonahweiss.com

None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.

Tweetable Quotes:

“For people that if they're not super happy with their hard money or their private money lending, you just have to prove yourself before people will let you have a little bit more leeway.” – Jenny Bayless

“Wealth is a tool to achieve your success.” –  Jenny Bayless

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