Property Profits Real Estate Podcast

Housing Is Actually Cheaper Than You Think with Jason Hartman

People here and there are freaking out these days, saying housing is so expensive nowadays. Well yes, they’re right, if we compare it with how things have been in the past recent years, but when you compare it to a longer point of history, you’ll actually be surprised at how cheaper it really is!
That’s exactly what this episode is about, with today’s guest explaining the statistics behind that. Join us as we dive into the numbers that prove housing isn’t as expensive as you think!
Jason Hartman is the CEO of Empowered Investor and Real Estate Tools. He started a career in real estate when he was still in college, investing in his own portfolio while brokering properties for clients. Through creativity, persistence, and hard work, he soon joined the ranks of the top one-percent of Realtors in the US, which then led to him being involved in several thousand real estate transactions, owning income properties in 11 states and 17 cities today. Jason’s companies help people achieve The American Dream of financial freedom by purchasing income property in prudent markets nationwide.
In this episode, Jason goes through the detailed explanation on why housing is actually cheaper than you think, with his points revolving around the data in St. Louis Federal Reserve’s chart, going through the history of interest rates, mortgage payment, and the market.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 29 minutes from today's episode:
Understand the reason why people think housing is so expensive
Find out what’s going on nationally with the real estate market through data explained from St. Louis Federal Reserve’s chart
Discover how housing is actually cheaper than what you think, through an actual calculation of the cost per square foot, per month, adjusted for inflation
Resources/Links:
Check out Jason’s slide deck and get your own copy by going to https://www.jasonhartman.com/slides
Visit the Shadow Government Statistics and have access to the analysis behind and beyond government economic reporting. Just go to http://www.shadowstats.com/
Learn more about the work Jason does by visiting his website: https://www.jasonhartman.com/
Topics Covered:
02:41 – What’s going on nationally with the real estate market
05:06 – Mortgage data shown on the chart of the St. Louis Federal Reserve
08:17 – The reason why people think housing is so expensive
10:32 – Then and Now: Calculating the Consumer Price Index (CPI) the way the government does it
14:39 – The Consumer Price Index (CPI) is a complete fraud
15:32 – Difference in typical homes back then and today, then connecting it to the data in chart
17:43 – Calculating the cost per square foot, per month, adjusted for inflation
19:40 – The increase in house inventory in line with the rising interest rates
22:51 – Two more things you need to consider, according to Jason Hartman
27:17 – Go to https://www.jasonhartman.com/slides for the slides
Key Takeaways:
"Real estate is really quite a bit cheaper than people think, believe it or not. And remember, nobody really buys a house on the price of a house; they buy it on the payment of the house.” – Jason Hartman
“When everybody’s screaming about housing – ‘So expensive!’ – they’re right if you compare it to 18 months ago, but they’re not right if you compare it to a longer point of history.” – Jason Hartman
“Here’s why everybody thinks housing is so expensive – it’s because of something called hedonic adaptation. We, as humans, just keep raising our expectations. We are never content. That’s the nature of human psychology. No matter what we get, we want more; we want better. And that’s exactly what we’re doing here; we’re just expecting more.” – Jason Hartman
“Those dollars are worthless. It’s not really that the mortgage payment has gone up; it’s that the value of the dollar has gone down.” – Jason Hartman
“Inventory tells the picture.” – Jason Hartman
“The market is reacting to the current interest rates; it’s not reacting to the future interest rates.” – Jason Hartman
“You’ve got to understand that investing is not about appreciation; that’s just the icing on the cake. The icing has been fantastic the last couple of years; no one will deny that. But what we got to remember is that investing is about yield, and yield comes from cash flow, and rents are skyrocketing. Rents always lag prices by about two to three years. So, rents have gone up already, but they are going up a whole heck of a lot more; they are going to be higher in the next few years. So that’s the other reason that I don’t think investors should be very worried about the market – because they’re investing for yield, not for appreciation, hopefully, and that’s why that matters.” – Jason Hartman
Connect with Jason Hartman:
Website: https://www.jasonhartman.com/
YouTube: https://www.youtube.com/channel/UCpGNsrLsGR1viGHoEbSCabA
Podcast: https://www.jasonhartman.com/podcast/
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
 

Finding Your SuperPower with Angel Williams

Why focus so much on your weakness when you can give light to your strengths and take advantage of them in your life and in your career?
That’s what this episode is about, focusing on your strengths rather than your weakness and making them into your own “superpower” which you can, later on, use to your advantage in your real estate career.
Angel Williams is a Co-Founder of The Academy Presents and a Managing Partner of Lorren Capital, LLC. She has experience in SF rentals, Residential MF rentals, MF Syndication, and Oil and Gas investing. Angel received a BBA from Baylor University in 2000, and an MS in Economics in 2002.
In this episode, Angel talks about why you should prioritize and focus on your strengths more and how you can use that to your advantage. She also shares how you can combine your “superpowers” with others and become a greater sum in your life and in your workplace.
Checkout:  Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you’ll learn in just 17 minutes from today’s episode:
Learn how you can discover your own natural abilities and strengths and turn them into your “superpower”
Understand why your weakness isn’t the main focus but instead, it’s your strength
Find out how you can combine your “superpowers” with others and maximize your potential
Resources/Links:
Learn more about becoming an awesome real investor by discovering what your “superpower” is. Just go to https://theacademypresents.com/
Topics Covered:
02:24 - How Angel realized that we should focus more on our strengths or “superpowers”
04:09 - How Angel discovered her superpower
07:57 - Changes they made after discovering their strengths or superpowers
09:43 - How she coaches people into taking advantage of their own superpowers
10:54 - How to trade or combine your superpowers if you're flying solo or your spouse isn’t as cooperative
Key Takeaways:
“If you are flying solo, you're going to have to wear more than one hat for at least a small period of time. The hope is that you're going to go to events, and if you're an introvert, you're just going to have to figure out how to go to events and just get a few people.” - Angel Williams
“If you are that introverted person, find you a loud extrovert friend that is willing to be your wingman or your wing woman at an event because they can start the conversations and break the ice. And then you can enter the conversations when you feel comfortable because you don't have to do it alone. And we all have friends.” - Angel Williams
“Your extrovert friends, they don't care what the event is.” - Angel Williams
“And if you're afraid that you don't have any real estate investor friends yet, I'm telling you, go back to that loud extrovert friend of yours because they will accompany you anywhere.” - Angel Williams
Connect with Angel Williams:
Website: http://www.theacademypresents.com/
Facebook Community: https://www.facebook.com/groups/REIRocksCommunity/?ref=share
LinkedIn: https://www.linkedin.com/in/angel-williams-re/
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
 

Your Own Real Estate Fund Is Within Reach with Lisa Hylton

Have you ever thought of setting up your own fund as you do real estate investing?
Do you have people who would love to invest alongside you but you don’t know how to start and make it work?
Many people think that starting up your own fund is something that isn’t possible, but our guest is here today to prove them all wrong. Launch your own fund and take your real estate investing game to the next level with Lisa Hylton!
Lisa Hylton is a real estate investor who has started her own funds. She is a Passive Income CPA and is the host of The Level Up REI podcast.
In this episode, Lisa gets into the details on how easy and doable it is for you to set up your real estate fund today.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 16 minutes from today's episode:
What the word “fund” means and how much, in average, will it cost you to set up a fund
Understand why you should focus on creating your own entity if you’re still starting to set up a fund
Find out which one fits you and your plans best – Rule 506(b) or 506(c)
Resources/Links:
Grab the Fund Manager Accelerator Crash Course that will take you from zero fund experience to being able to launch and run your own fund! Just go to https://lisahylton.com/the-fund-manager-accelerator/
Topics Covered:
01:31 – How Lisa defines fund when it comes to capital and real estate investing
02:57 – Creating your own fund for investing in real estate – doable or not?
04:13 – The realistic ballpark cost of setting up a fund
04:44 – Who are you allowed to bring on as investors with your real estate fund?
06:02 – Where to start – create your own entity
11:04 – Where to focus on when you’re a starter vs. thinking of doing blind fund
13:00 – Rule 506(b) vs. 506(c): The best rule to start with, depending on what you want to do
14:36 – Connect with Lisa Hylton
Key Takeaways:
"You can create funds to invest in real estate both from a blind perspective as well as from the perspective of being able to choose, allowing your investors to choose what investments they want to invest in.” – Lisa Hylton
“It is very doable. Everyday people can do it.” – Lisa Hylton
“If you’re just getting started, do one where you allow your investors to determine what deals they put their money into.” – Lisa Hylton
Connect with Lisa Hylton:
Website: https://lisahylton.com/
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
 

The Mindset to Scale with Eric Nelson

What’s one thing that’s stopping you from scaling your portfolio today?
Do you find it hard partnering with people and actually trusting them to get on a deal with you? Or maybe you see yourself as someone who is unworthy of having partners around you?
Do you fear that things might go wrong, especially because of differences in opinions? Have you lost your confidence and courage to actually take action?
It is a huge leap for most people, but once you go for it, you’ll see its power. Get your head on straight and be ready to scale, because with having Eric Nelson join us, there’s no doubt that you’re in for a treat today!
Eric Nelson is the Founding Principal of Wild Oak Capital, where he and the team provide investment opportunities through multifamily syndication. He has been investing in real estate for over ten years. As a co-owner of a civil engineering firm, Eric’s range of skills suits the field of syndication and real estate on both the technical level and client relations side. Eric is also the host of The Real Estate Mindset podcast.
In this episode, Eric shares tips and advices as he enumerates big mindset hurdles people usually go through as they start scaling their portfolio.
What you'll learn in just 14 minutes from today's episode:
Discover the biggest mindset shifts that taught Eric valuable lessons as he started scaling;
Find out why it’s important that you learn how to partner with people and help yourself overcome the “I am not worthy” mindset;
Understand why you should welcome and not fear opposing opinions, and also trust your knowledge and not be afraid to take action
Resources/Links:
Check out Wild Oak Capital’s website to learn more about the work that Eric does. Just go to https://www.wildoakcapital.com
Topics Covered:
01:55 – The backstory of Eric’s scaling journey + why it’s important that you learn how to partner with people
04:58 – Overcoming the “I am not worthy” mindset
08:56 – Trusting other people and actually working with them + why you should be open for assistance and not fear debates
10:12 – What kind of partnerships does Eric have?
11:47 – “Take the leap, because you can”
13:34 – Connect with Eric Nelson
Key Takeaways:
“There are ways to invest with other people's money, but the way to get there is to partner with people.” – Eric Nelson
“If you're hitting a roadblock, I’d encourage you to find someone with maybe opposing skill sets and start looking at how they can do it.” – Eric Nelson
“I hear people say this a lot. A good deal basically takes hustle, knowledge, and money. And so, if you can do two of those, if you can find the deal and if you have the knowledge how to run it, chances are you’d probably find someone who has capital.” – Eric Nelson
“It turns out that opposite opinions are actually great. It's a healthy debate that really produces the best solution.” – Eric Nelson
“Sometimes, it just takes a push from a friend, from your spouse, or even from yourself, to say ‘Let’s go’. And a lot of times, you'll make mistakes, and that's okay. As long as they're not detrimental, learn from it, get better, and move on. You have to trust the knowledge that you've learned and go for it. Take the leap, because you can.” – Eric Nelson
Connect with Eric Nelson:
Website: https://www.wildoakcapital.com/
Email: eric@wildoakcapital.com
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
 

Defensive & Offensive Asset Protection with Bonnie Galam

Before things get out of hand, you need to prepare. And when you're in the real estate business, you've got properties and people to look out for, not to mention the significant amounts involved.
Lawsuits could arise if you're not cautious and could lead to severe business losses. That is not what we want to happen.
With that said, how do you protect your assets, avoid legal battles, and increase profitability?
Bonnie Galam left law firm life and started her own business because she saw the London Underground 'mind the gap' kind of hole in the legal space: LEGAL for INVESTORS THAT VALUE their time and integrity as much as their money.
In this episode, Bonnie shares how you can save yourself from future headaches borne out of lawsuits and losses caused by it by putting systems and processes that prevent them from happening, as well as getting asset protection for your properties and people.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn from this episode in just 18 minutes:
Find out how these two kinds of asset protection to help you from lawsuit costs and business losses.
Know when it is best to get LLC for your real estate business entity to ensure the protection is more than the cost incurred.
Learn about the misconceptions about asset protection, so you know what systems and processes you need to be in place.
Resources:
Join Bonnie's free legal workshop to learn how to create a profit-centered legal strategy https://bonniegalam.com/
Topics Covered:
02:08 - What is asset protection
02:48 - Misconceptions about asset protection
06:51 - Defensive versus offensive asset protection
09:20 - Being more proactive with legal stuff to increase profitability
11:24 - As a startup real estate investor, when is it best to have LLC?
12:52 - Is LLC recommended for flippers, and how about buy-and-hold property owners?
18:15 - Where to reach Bonnie for her perspective on asset protection
Key Takeaways:
"Asset protection is straight up saving me money. It's this big picture. I'm not just trying to protect myself from lawsuits. I'm trying to protect myself from losses. Period. And to use that to be able to increase my own bottom line." - Bonnie Galam
"We can take actions to protect ourselves the way that everyone else does. And by creating this ecosystem of processes and procedures that are not just drafted in a way that's in our favor, but also legally compliant and understood by all parties." - Bonnie Galam
Connect with Bonnie Galam:
Website: https://bonniegalam.com/
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
 

Bringing on Real Estate Business Partners with April Crossley

Have you ever thought about the must-have qualities of the people you’d be business partners with when it comes to real estate investing?
Do you have an REI project that you’re really interested in, but you haven’t really found the person who could help you put action into that dream?
April Crossley is the founder of Lazy Girl REI and Crossley Property Group. She is a full-time real estate investor in Berks County, PA, who is passionate about helping others rise and grow wealth with real estate. April is a teenage mom, a Millionaire Wealth Grower, an RV Lifer, and she has made it her mission to help change lives by growing wealth.
In this episode, April discusses the dos and don’ts of creating business partnerships when it comes to real estate investing as she shares tips based on her own story.
Checkout -- Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 20 minutes from today's episode:
Know the qualities that you should look for when finding a business partner in doing real estate investing
Understand why it’s perfectly fine that you don’t immediately form an LLC with that business partner
Discover why having an annoyingly scary lawyer is a must, especially when it’s your first business partnership
Resources/Links:
Check out April’s website and find out how she can be of help to your REI journey. Just go to https://www.aprilcrossley.us/lgrei-resources
Topics Covered:
01:07 – Short introduction about today’s guest
02:26 – Defining how a business partner should look like in real estate investing
03:28 – The story behind April’s first business partner
04:37 – Past vs. Present: What business partnerships look like for April now
05:58 – April’s first-hand experience of doing business partnerships for short-term deals
08:24 – Things to take note of when looking for a partner with whom you’d do a longer term buy-and-hold type of business with
11:45 – Tips you should consider before diving into your first business partnership
14:20 – Where to put your focus on when looking for business partners
16:34 – The ideal number of business partners you should have
19:25 – Connect with April Crossley
 Key Takeaways:
“Don't jump into forming an LLC right away, because then your kind of like married to that person; you're doing tax returns together and everything.” – April Crossley
“They always say, your network is your net worth.” – April Crossley
“Get an attorney that annoys you and scares you when you sit down with the business partner.” – April Crossley
“You have to get to know someone on a level other than what they're good at in real estate. What are their core values? What do they value in life? How do they spend their free time? What do they do with their family? Take them to lunch a couple of times and see how they treat a waiter at a restaurant. Things like that that seem kind of funny to say, but really digging into who they are personally.” – April Crossley
Connect with April Crossley:
Website: https://www.aprilcrossley.us/
Instagram: https://www.instagram.com/april_crossley/
Facebook: https://www.facebook.com/groups/rvrei
YouTube: https://www.youtube.com/user/aprilcrossley
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
 

Move over Extroverts with Ashley Harwood

If networking and meeting many people as part of your work makes you nervous, in a way, and drains your energy, you must be an introvert.
But you're not alone.
That is often the thing with introverts; they rather listen than do the speaking.
But, as introverts, how can you make it in the extroverted world of real estate?
Let's find out as our guest lays down tips for you.
Ashley Harwood is a fierce advocate for introverts. She began her real estate career in 2013 and built a 6-figure business as a solo agent before launching Move Over Extroverts In 2018. After participating and being a student of many, many coaching and training programs, she saw a need in the industry. The introverts were being left behind. So, Ashley started developing training materials, classes, and coaching programs for her people, her fellow introverts.
In this episode, Ashely shares how she managed to run a real estate business following her introverted-friendly ways, tips, and strategies.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you will learn from this episode for 25 minutes:
Learn a strategic way of doing things and fill your client pipeline without spreading yourself too thin.
Discover fun and creative ways of doing client events minus the overwhelm of presentations.
Discover client-getting tips and strategies on how to build long-term relationships in an introvert-friendly way.
Resources:
Website: https://www.moveoverextroverts.com/
Topics Covered:
03:11 - What helped an introverted person like Ashley make it in an extroverted world of real estate  
04:01 - Her typical day before reading the book [Quiet by Susan Cain] and what it was like after reading it and self-reflection
05:38 - A strategic way of doing things but with less overwhelm
07:01 - Zero business from cold-calling
08:12 - Coming up with a plan that helped her build stronger relationships that led to referrals
08:57 - How did she go about her first client event?
09:55 - Ashley's venue of her event and her means of sending out invitations to people to come to her event
10:40 - Not a cheap thing to do for her [a newbie]to hold that kind of client event
11:05 - Going forward but getting smarter when it comes to holding client events
12:42 - Leveraging from that first client event that she hosted
14:10 - What did her subsequent events look like after that first one
15:52 - Cool and fun things you can do for virtual client events to keep people engaged and make sure to recharge afterward
17:02 - Other client-getting strategies she uses that don't require her to do the talking [personally writing notes to people depending on what the occasion is]
17:50 - Having unique stationery for those notes that she writes, how often she writes them, and the challenge of getting everyone's address
24:45 - Advice to an introvert who wants to be successful in real estate
22:50 - An easy icebreaker when going to some place or networking events
Key Takeaways:
"I didn't do a lot of replacing; rather, it was strategically getting rid of things that were sucking my time and energy so that I was showing up in a much better way to the things that I was still doing." - Ashley Harwood
"I came up with a plan for how to build stronger relationships. One thing that I ended up adding to my plan was events, client events." - Ashley Harwood
"It's relationship building. It's ‘thank you’ for being in my world. And the fact that they're coming to something and spending time with me in person means that I'm going to stick in their brain for a much longer time." - Ashley Harwood
"I would recommend to people that they still have client events, even on Zoom, and make it fun." - Ashley Harwood
"One strategy that I still use to this day is writing handwritten notes. It's so impactful. And so easy and perfect for introverts because you just sit in your desk and write the note; you don't have to speak to anyone." - Ashley Harwood
"My biggest tip is to be a little more strategic in where you're spending your time and whom you're spending it with." - Ashley Harwood
Connect with Ashley Harwood:
Website: https://www.moveoverextroverts.com/
Facebook: https://www.facebook.com/AshleyHarwoodConsulting
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
 

The 3 Pillars of Influence with Adam Adams

Have you ever wondered what the best ways are to grow and expand your network?
Do you want to be the person in front of the crowd and make yourself and your business known to the world?
Adam Adams has a loyal following in the podcasting space. After selling his first podcast, he launched the Podcast on Podcasting which is ranked as a top show for podcasters. Adam is also the founder of GrowYourShow.com where they help you get your message out to the world. Grow Your Show is The Easy Button For Podcasters TM that want to have a top rated show without all the hard work. Their clients are getting ranked in the top 1% on iTunes and other top charts which means they have more influence than the other 99%.
In this episode, Adam enumerates the three pillars of influence as he explains each pillar’s importance and interrelatedness with one another.
Checkout -- Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 38 minutes from today's episode:
What the three pillars of influence are and how you can achieve your goals through it;
Why each pillar is important and are all interconnected;
Get tips on how to make the pillars a part of your life, especially if you’re afraid and shy to be the person in front of the crowd
Resources/Links:
Rich Dad, Poor Dad: https://store.richdad.com/collections/books/products/rich-dad-poor-dad-what-the-rich-teach-their-kids-about-money-that-the-poor-and-middle-class-do-not
Jab, Jab, Jab, Right Hook: https://www.amazon.com/Jab-Right-Hook-Story-Social/dp/006227306X
The ONE Thing: https://www.amazon.com/ONE-Thing-Surprisingly-Extraordinary-Results-ebook/dp/B00C1BHQXK
Who Not How: https://whonothow.com/
Topics Covered:
01:26 – A short backstory of Adam’s real estate investing journey
05:10 – “Your network is your net worth”: Starting a podcast to grow his network
07:48 – The 3 pillars of influence: (1) Meeting people in person
09:58 – Tips on meeting people even when you’re a shy person
14:37 – Talking about his Creative Real Estate Lunch Club and its impact on his business
21:14 – The 3 pillars of influence: (2) Social media + Adam’s tips based on how his meetup grew through social media
25:49 – The importance of focusing on a social media platform that suits you best
28:23 – The 3 pillars of influence: (3) Thought leadership
33:12 – Your why’s gotta be bigger than whatever it is that your fears are. Ask for help.
36:13 – Connect with Adam Adams
Key Takeaways:
“Think about it as three-legged stool; you’re on a barstool or whatever. You will fall over if you only got two of them. Just let that sink in. You've got to do all three for that stability.” – Adam Adams
“The thing that I do intentionally every time is I forget about myself and I only think about the person on the other side. Something almost miraculous happens when you make that shift and you focus on the service instead of yourself. You don't care that you stutter anymore. You don't care if you're slouching or standing up and looking awkward or whatever it is. You just start to feel more natural, and your words, your thoughts, and your efforts are on serving that person.” – Adam Adams
“That which you persist in doing will become easier to do. You just got to keep focusing, and it will eventually give you endless potential. So just keep doing it.” – Adam Adams
“There's a lot of people that are afraid to even have a social media or they just don't want to put themselves out there or they don't want people to see them or find them. But what I've noticed, when you want to have real influence – and we're calling these the three pillars of influence, three-legged stool, you need all three – if that's what you're looking for, you have to realize and understand that most people, when they're going to vet you, they're going to Google you. They're going to look for your Facebook. They're going to look for your LinkedIn. They're going to look for you online. They're going to see what types of pictures you post. As they get to know who you are, as they get to see that stuff, see you with your sweetheart, see you're doing your hobbies, they get to know you and it allows them to trust you more because they find your social.” – Adam Adams
“They're all the most important. They are all critical. You can't have the success that you dream of without having a little bit of all three of these.” – Adam Adams
Connect with Adam Adams:
Website: https://growyourshow.com/
Podcast: https://podcast.growyourshow.com/
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
 

Section 8 Investing with Rhett Wiseman

Can you say the same thing with other real estate investment portfolios where value increases even during the pandemic despite catering to the bottom-level financially capacitated market besides being recession-proof?
I am referring to Section 8 investing.
Let's dive into this topic and find out what more exciting things to look forward to in this market.
Rhett Wiseman is known as the Section 8 guy and has written an e-book called the Ultimate 101 Guide to Section 8 Real Estate.
In this episode, Rhett shares how he has been involved in Section Eight investing for almost a decade and finds it lucrative even amid the pandemic and economic recessions. He has never seen it that way with other investment portfolios that he owns.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you will learn from this episode for 26 minutes:
Learn how the government's Section 8 program protects landlords and learn to dispel myths about this market.
Discover ways how tenants and landlords share a symbiotic relationship in this setup.
Find out how you can be profitable running a Section Eight property even when dealing with a less financially capacitated market.
Resources:
Click this link to get the Ultimate 101 Guide to Section 8 Real Estate eBook: https://section8guy.com/products/the-ultimate-101-guide-to-section-8-real-estate-ebook
Topics Covered:
00:57 - What is Section 8 Investing, and who are the clients for this investment?
02:43 - Busting myths about the Section 8 program
04:41 - How do you earn when you're dealing with not financially capacitated markets
07:446 - Criteria for selecting properties and locations for Section 8 housing
09:40 - Getting a guaranteed cash flow monthly
11:11 - How to get a rental increase in this type of market
12:31 - What he’s up these days
Key Takeaways:
"When investing in Section Eight, finding the right market and zip code is crucial. And make sure those two things can work to be profitable." - Rhett Wiseman
"Being able to provide a nice home for people who have less than I do, and who might be coming out of an awful situation, creating a really nice living environment for somebody gives people a chance to get out of that situation. That I took much pride in." - Rhett Wiseman
"The government has shown that they print more money when things go bad, so you don't have to worry about them running out of money, so you get cash flowing monthly." - Rhett Wiseman
"Section Eight investing is one of the only things that is recession-proof. I've had a Section A portfolio through two government shutdowns, a mini-recession at the beginning of COVID, March 2020, and a global pandemic. And the only thing that's happened throughout all of those dire circumstances is that my portfolio has gone up in value. And I can't say that about any other kind of asset or equity, or investment I've made." - Rhett Wiseman
"Very recently, we're seeing incredible, incredible rent increases by HUD to make sure that Section Eight can keep up with incentivizing landlords to maintain a relationship with the program." - Rhett Wiseman
Connect with Rhett Wiseman:
YouTube: https://www.youtube.com/channel/UCFdlNStum2hqxCd2EoRtGhQ
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
 

Finding Good Multi Family Deals with Nico Salgado

When you're new and do not have many deals under your belt, that's hard to convince brokers that you can close deals.
With a business like real estate, one's reputation is on the line as you get involved with not just thousands but even millions worth of deals.
How can you prove credibility when you barely have deals to show for?
Apart from teaching and investing in real estate, Nico Salgado is an entrepreneurs, coach, mentor, and leader. He is an avid surfer, woodworker, traveler, and extremely proud father.
He began investing in real estate in 2012 with a single-family development project and transitioned into the commercial multifamily space in 2019. He is also a host of a monthly meet-up, as well as a podcast.
In this episode, Nico shares proven and effective steps you can do to boost your credibility when just a newbie in the commercial multifamily space.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you will learn from this episode for 26 minutes:
Find one asset you can make in every outreach and conversation with brokers to position yourself to succeed.
Learn about creative ways to build long-term relationships with brokers and reinforce that know-like-trust factor.
Discover a three-pronged approach for lead generation.
Resources:
Website: https://smallaxecommunities.com/
Topics Covered:
01:04 - What works best when it comes to generating leads for Nico
01:40 - The challenge in dealing with brokers
02:34 - What newer investors can do when dealing with brokers as they are just newly starting out
04:33 - Showing credibility even with not many deals yet under your belt
07:17 - Mistake he committed that we can all important lessons from
08:30 - Creative ways of building relationships with brokers that prove effective without having to dine and wine with them
10:31 - What the e-book he writes was all about, and how he can use it for marketing
13:21 - More helpful tips for finding leads and how to go about them
15:25 - Challenges to handle when cold-calling
20:18 - Giving you an idea of the response rate when you go the text messaging route of finding leads
21:43 - Two ways to opt-in for email list and dealing with legalities
Key Takeaways:
"I've tried a number of different things. But honestly, what's working best [when it comes to lead generation] is still the broker relations." - Nico Salgado
"Credibility has to come from your partners, and personally, I leveraged friends, colleagues, and mentors; and they are on my credibility page." - Nico Salgado
"Building relationships is key in this industry. And it could take years, and that's okay; we're here for a long haul." - Nico Salgado
Connect with Nico Salgado:
Website: https://smallaxecommunities.com/
Email: nicosalgado456@gmail.com
Facebook: https://www.facebook.com/nicosalgado456
LinkedIn: https://www.linkedin.com/in/nicosalgado456/
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau