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Dana lives and works in the San Francisco Bay Area. Dana has been in the industry for over a decade and has seen many changes in the market. She shares her insights on short-term rentals and why they are such an attractive investment. The challenges of starting a short-term rental business and that it takes a lot of time and effort to be a successful business, and that automation can help reduce some of the workload. She mentions that there are many online groups and meetups specifically for short-term rental investors. She advises listeners to continue exploring different investment opportunities, even if they do not have experience in real estate. She stresses the importance of treating real estate like a business, by having realistic expectations and utilizing one’s skillset to their fullest potential.

[00:01 - 06:51] Opening Segment

• We welcome, Dana Boyd!
• Short-term rental investing is a great way for newer investors to get started

[06:52 - 21:17] How To Operate A Successful Short-Term Rental Business

• The time to operate a short-term rental business
• Automation of a successful short-term rental business
• Expanding the business by acquiring additional properties
• Finding a partner to help with scaling and growth
• Managing tenants and managing finances

[21:18- 27:1] THE FINAL FOUR

• What's the worst job that you ever had?
  • Selling cotton candy at a fair
• 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?
  • Be a better public speaker
• What does success mean to you?
  • Dana says, “It's financial freedom in a way that a lot of people think about it and just being able to do what you want with your time.”

Connect with Dana Boyd 

Instagram: Dana Boyd

LinkedIn: Dana Boyd

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Tweetable Quotes:

“I would say a huge turning point for us was when we started automated pricing, we were leaving huge amounts of money on the table before we automated our pricing.” – Dana Boyd

“Being able to spend my time how I want it with my family, and not being reliant on a W two job to make that happen that would be true success in my mind.” – Dana Boyd

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Jerome Maldonado is a highly successful real estate investor, business owner, coach, and speaker. Over the span of his 20-year career, Jerome has done over $200 million in in-house transactions. His unique ability to streamline results is what makes Jerome’s knowledge and experience so powerful. He talks about the importance of setting goals and being determined in achieving them, as well as the value of mentorship and learning from others. He emphasizes that it is important for people to understand the real estate game from a personal perspective so they can understand why people might sell or refinance their properties

[00:01 - 05:29] Opening Segment

• We welcome back, Jerome Maldonado!
• He shares his story of transitioning from multi-level marketing to commercial real estate

[05:30 - 26:47] Implementing Strategies That Contribute To Success

• Watching others and implementing their strategies has helped him grow his business
• Renting space to sales distributors
• Buying and renovating old buildings to build new retail centers
• Starting small and getting out of it quickly
• Mental safety in larger numbers

[26:48 - 36:00] THE FINAL FOUR

• What's the worst job that you ever had?
  • Working for minimum wage changing pads out on evaporative coolers
• What's a book you've read that has given you a paradigm shift?
  • “How to Win Friends and Influence People” by Dale Carnegie
• What is a skill or talent that you would like to learn?
  • Learning how to be more patient
• What does success mean to you?
  • Jerome says, “Success is balance in more than one area.”

Connect with Jerome Maldonado

Website - Jerome Maldonado  

Instagram - Jerome Maldonado 

Youtube - Jerome Maldonado 

Facebook - Jerome Maldonado 

LEAVE A 5-STAR REVIEW by clicking this link.

WHERE CAN I LEARN MORE?

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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:

“Increasing your awareness and the only way you can increase your awareness is through life experiences and really indebting your mind towards positivity and positioning yourself.” – Jerome Maldonado

“We all struggle in one of those areas at any given time of our lives. It's an ongoing lifelong struggle and if you can find balance in those areas, I think you're successful.” – Jerome Maldonado

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• We welcome, Don Spafford!
• Don shares his story of how he got started in real estate and how he’s maintained his success

• Get creative and have fun when pursuing real estate goals
• Campgrounds offer multiple income streams, such as:
  • Lot rents
  • Convenience store sales
  • Restaurant profits
  • Electric vehicles, and others
• The high demand for campgrounds and difficulty to find a space
• Campgrounds can be profitable if they are managed well and have the right amenities

• What's the worst job that you ever had?
  • When he worked as a construction crew in high school
• What's a book you've read that has given you a paradigm shift?
  • “Millionaire Real Estate Agent” by Gary Keller
• What is a skill or talent that you would like to learn?
  • He wants to learn how to play the piano
• What does success mean to you?
  • Don says, “Success is not based on income. It's not based on material things. It's being able to have the freedom to do the things you want to do and be with people you want to be.”

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Jennings Smith, the co-founder of Live Oaks Rental Property, shares the necessary skills to be successful as an investor and entrepreneur. He discusses some resources that have given him a paradigm shift in his life which ultimately changed how success means to him. With helping others and making a difference in the world as his main driving force, he shares the importance of making a mental commitment to your goals, setting achievable goals, and being accountable to yourself. 

[00:01 - 08:19] Opening Segment

• Introducing Jennings to the show
• Brief background and career
• Building a successful community and mentorship group around multifamily

[08:20 - 21:14] Building Communities through Live Oak Capital

• How Jennings found success by creating a group that is focused on real estate investing
  • Designed for people who are willing to put in the necessary work to succeed
• The founder has found that the demand for membership in the group is outpacing the supply and that the group has been successful in attracting high-quality investors
• Jennings shares his experience with raising capital
• Filling up a deal quickly and moving on if the investor is not happy with the offer given
• Having a six-week sprint group where everyone is required to show up every week
• The importance of setting goals and committing to making a difference, even if it means sacrificing some short-term comfort

[21:15 - 33:22] THE FINAL FOUR

• What's the worst job that you ever had? 
• What's a book you've read that has given you a paradigm shift?
  • Flip the Script by Oren Klaff
• What is a skill or talent that you would like to learn?
• What does success mean to you?

Quotes:

“A lot of people can’t just take a course and close multifamily. They need a community. They need a network.” - Jennings Smith

“The only way to get better is to do something not so good.” - Jennings Smith

Connect with Jennings through Facebook and Instagram. 

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WHERE CAN I LEARN MORE?

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Taylor Loht is here to share how successful people approach business in a legal and sustainable manner. He mentions multifamily and storage as two asset classes that need their own forum to discuss deals. He also mentions his podcast, The Passive Wealth Strategy Show, which has helped him build relationships with other operators. He also talks about the digitalization of storage operations- making sure all units are up-to-date with technology and having staff who can help customers with their rentals. 

Taylor Loht is the host of Passive Wealth Strategy Show and a commercial real estate investor who focuses on multifamily and self-storage properties. He started investing in real estate after learning its power to generate passive wealth (and after one too many ups and downs on the Wall Street roller coaster). 

[00:01 - 07:41] Successful Real Estate Investors Share Their Tips

• Welcoming Taylor to the show
• Brief background and career

[07:42 - 18:07] Storage Investment Strategies 

• Storage is a good investment as long as there is not too much of a supply
• Self-storage can be upgraded with digital tools to reduce costs and manage revenue more efficiently
• Mistakes made with a property manager can lead to legal issues

[1:08 - 24:06] The Passive Wealth Strategy Show

• Taylor talks about his podcast and how it helps grow his business
• How podcasting has helped Taylor learn more about managing people
• Venturing into the world of NFTs and cryptocurrency

[24:07 - 30:36] THE FINAL FOUR

• What's the worst job that you ever had? 
• What's a book you've read that has given you a paradigm shift?
  • The E-Myth Revisited by Michael Gerber
• What is a skill or talent that you would like to learn?
• What does success mean to you?

Quotes:

“I think people when their real name and their real company is tied to what they’re saying, they almost certainly change what they’re willing to say.” - Taylor Loht

“Success is when your living conditions are equal to or greater than your blueprint of success.” - Taylor Loht

Connect with Taylor through Instagram, or visit www.passivewealthstrategy.com

 and www.biggerpockets.com/users/taylorloht.

LEAVE A 5-STAR REVIEW by clicking this link.

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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.

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Natalie Kolodij is an IRS Enrolled Agent who has been involved in tax and real estate since 2014. A long-time bigger pockets moderator, she has a passion for all things real estate. In 2017 she founded Kolodij Tax and Consulting, a real estate exclusive tax firm. When she's not working she enjoys reading, traveling, and making pottery. 

In this episode, Natalie shares her experience being a moderator on Bigger Pockets and the various tax benefits of owning and operating a business in real estate. She discusses a few examples such as bonus depreciation, cost segregation, and the gas station loophole. Tune in to learn more!

[00:01 - 09:24] Opening Segment

• Welcoming Natalie to the show
• Brief background and career
• What is it like to be a moderator on Bigger Pockets?

[09:25 - 22:13] Real Estate Tax Strategies

• The short-term rental market has its own rules
• How active do you need to be to manage an Airbnb?
• Bonus depreciation is a tax break that can be used to write off expenses related to owning or operating a business
• Gas stations are an undervalued asset class that could be worth investing in
• Natalie talks about not staying in a little four-by-four box 

[22:14 - 28:24] THE FINAL FOUR

• What's the worst job that you ever had? 
• What's a book you've read that has given you a paradigm shift?
  • Go for No by Richard Fenton
• What is a skill or talent that you would like to learn?
• What does success mean to you?

Quotes:

“Keep your eyes open! There’s no wrong way to do real estate.” - Natalie Kolodij 

“It’s not like most people want a jet and be billionaires. Most people just want to be able to take family vacations and take Fridays off for barbecues and all those things.” - Natalie Kolodij 

Connect with Natalie through Facebook and Instagram.

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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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.

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Patrick Grimes is the Founder and CEO of Invest on Main Street. He has over fourteen years of experience in active real estate investment, purchasing distressed assets, renovating, and stabilizing for long-term cash flow. In this episode, Patrick discusses his story of how he started investing in multi-family apartment communities and how he has been successful in doing so. He also discusses how a recession can negatively affect an individual's finances, and how they are able to mitigate these risks through diversification and asset protection. 

[00:01 - 05:56] Opening Segment

• Introducing Patrick to the show
• Brief background and career

[05:56 - 13:02] Putting a Line in Every Deal

• Patrick discusses the current environment for real estate investing
• Patrick shares his strategy for investing in real estate, which is based on long-term wealth building
• Asset protection, inflation, how multifamilies hedge against inflation, and how to structure deals correctly.

[13:03 - 19:54] Invest On Main Street 

• Patrick talks about where he got the idea for his platform
• Co-authoring a book, “Persistence, Pivots and Game Changers”

[19:55 - 26:57] THE FINAL FOUR

• What's the worst job that you ever had? 
• What's a book you've read that has given you a paradigm shift?
  • Rich Dad Poor Dad by Robert Kiyosaki
  • Traction by Gino Wickman
• What is a skill or talent that you would like to learn?
• What does success mean to you?
  • Having a positive impact on the community

Connect with Patrick Grimes

Facebook: Invest On Main Street

LinkedIn: Patrick Grimes, Invest On Main Street

Instagram: Invest On Main Street

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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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:

“It’s not the way it looks, it’s the way the numbers pan out. It’s the resilience of the asset. It’s what will drive you to wealth.” - Patrick Grimes

“Aligning success and having that as a positive impact for my family and friends is such a critical thing for me.” - Patrick Grimes

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Jesse Dickens has a background in cardiac sonography and is currently the Director of Operations for a mobile imaging company. The journey into real estate sprouted from a desire to "buy back his time" and ultimately be able to spend more time with his family. His team over exceeded expectations at all three properties and continues to grow in their local partnerships and understanding of the market. With the teams and systems in place, the foundation is set for rapid growth in 2022 and beyond. To learn more about Jesse, listeners can visit Wealth Care Cap!

[00:01 - 05:29] Opening Segment

• We welcome, Jesse Dickens!
• Becoming a full-time multifamily real estate investor

[05:30 - 22:41] The Importance of Community and Mentorship In Real Estate

• Partnering with an individual who is a local
• Challenges faced by multifamily investors
• Community and mentorship
• Benefiting from  groups and masterminds
• Networking in online communities

[22:42 - 29:53] THE FINAL FOUR

• What's the worst job that you ever had? 
  • When he worked at a sushi restaurant
• 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?
  • Mixed Martial Arts
• What does success mean to you?
  • Jesse says, “It's more about just the idea of contentment and being able to be happy in the present moment and enjoying the journey.”

Connect with Jesse Dickens

Facebook: Wealth Care Cap  

Facebook: Jesse Dickens

LinkedIn: Wealth Care Cap  

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:

“Just start to reach out to people that have gone down that path before you, and just talk to them.” – Jesse Dickens

“I came into this with basically zero background. So, I needed all of the educational pieces but the community aspect of it is where the true value lies.” – Jesse Dickens

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Chris Lopez is a real estate entrepreneur. He's used the power of podcasting and content marketing to build a residential real estate investment brokerage, commercial multifamily brokerage, and real estate investing software to help people analyze their portfolios. In this episode, he talks about how podcasting has helped him build a successful brokerage business.  He discusses the power of the podcast, that it creates a community of listeners who can connect with one another and share advice, resources, and business opportunities. To learn more about his work and his podcast, listeners can visit his website at Envision Advisors!

[00:01 - 03:58] Opening Segment

• We welcome back, Chris Lopez!
• A key factor in his success is podcasting, which helped him  build a strong network of contacts
• Focusing on building a niche market that you are experts in

[03:59 - 16:52] Podcasting Leads to Recruiting Talented People In Transition

• Mentorship has been a key factor in the growth of his business
• Finding a mentor who is vested in your success is key
• How the podcast community has been a great source of talent
• Strong community of followers through social media and in-person events

[16:53 - 26:45] THE FINAL FOUR

• What's the worst job that you ever had?
  • He worked in pharmaceutical recruiting
• What's a book you've read that has given you a paradigm shift?
  • “Who Not How” by Dan Sullivan
•  What is a skill or talent that you would like to learn?
  • Delegation and scaling up
• What does success mean to you?
  • Chris says, “Success to me means, doing something that I love every day while I still have the time I want to hang out with my family.”

Connect with Chris

Website: Envision Advisors

LinkedIn: Chris Lopez

Instagram: @chrislopez_co

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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Exclusive Facebook Group

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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:

“If I have a community, I can always create opportunity, always being business for myself.” – Chris Lopez

“If people go out there and, find a mentor like that, or be a mentor like that as well… I find that as a great way to grow your business.” – Chris Lopez

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Dan Desantis is Founder and Managing Partner at Eagleview Capital, has been involved in real estate investment, development, and management for nearly twenty years throughout the northeast and southeast. Upon relocating to Charlotte North Carolina in 2005, he has successfully invested in both residential and multifamily real estate across both North and South Carolina.  He seeks to identify off market assets operating below their full potential, acquire these properties at favorable cap rates relative to market peers, and deliver consistent and stabilized returns for his equity partners. To learn more about Dan’s work, listeners can visit his website, Eagleview Capital!

[00:01 - 03:35] Opening Segment

• We welcome back, Dan DeSantis!
• How Dan started off in real estate

[03:36 - 18:11] The Drive and Determination To Operate Your Business

• Start small and learn the ropes
• It’s important to do your research and understand the risks involved before starting out
• Have a game plan for how you will make money from your investment
• Have someone else manage your properties
• Understand you’ve got to have drive and determination to see your business through

[18:12 - 24:00] THE FINAL FOUR

• What's the worst job that you ever had?
  • He worked at a car wash
• What's a book you've read that has given you a paradigm shift?
  • “Rich Dad Poor Dad” by Robert Kiyosaki
  • “The Art of the Deal” by Donald J. Trump
• What is a skill or talent that you would like to learn?
  • He wants to learn how to fly a plane
• What does success mean to you?
  • Dan says, “Success is just having flexibility in your life. And doing what you love is my definition of success.”

Connect with Dan DeSantis

Website: Eagleview Capital

LinkedIn: Dan DeSantis
Instagram: @danieljdesantis

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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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:

“Understand that you've got to have that drive and determination to see your business through.” – Dan DeSantis

“My thing has always been it's okay to start small. It's okay to make the mistakes on smaller stuff and not just dive right into the weeds on 200-unit deals, just because there's capital out there.” – Dan DeSantis

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