Property Profits Real Estate Podcast

Have you ever wished that you could have somebody who knew how to crunch the numbers when it comes to big deals?
Someone that takes a look over your shoulder and sees if you're doing what you're up to is up to snuff?
The fact of the matter is, that real estate investing doesn’t always come with a cookie-cutter approach. If not properly handled, it can either make or break your business.
Listen as our guest gives you some advice to discover more about this topic
Michael Glaspie is a Commercial Real Estate Investment Advisor who assists in the analysis and coaching of investment goals and objectives. Prior to his role as an Investment Advisor, Mike served eleven years in the US Army as a Green Beret, worked as a commercial loan advisor, and served as the Chief Financial Officer for a real estate private equity firm. Throughout his career, he acquired 134rental units personally and has helped thousands of investors, entrepreneurs, and brokers break into commercial real estate.
Mike is also an Amazon Best Selling Author; he has a bachelor's degree in Business Administration from the University of Houston-Downtown and an MBA from the Keenan Flagler School of Business at UNC-Chapel Hill. Michael is a Certified Commercial lnvestment Member (CCIM), Certified Real Estate Investment Planning Specialist (CREIPS), and a National Commercial Real Estate Advisor (NCREA).
In this episode, Mike shares how he used his own creativity in real estate investing by crunching the right numbers, building rapport, and using his military experience to land big deals
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you will learn from this episode for 17 minutes:
Mike shares a number of examples of creativity that he has applied to land bigger deals, higher profits, and better equity
Discover how Mike optimized a limited-service hotel and used creative tactics on a multifamily home to turn them into investment opportunities
Learn how having a military background gave Mike an advantage when it comes to real estate investing
Resources:
Website: https://www.militarycashflow.com/resources
Topics Covered:
2:21- How Michael has come up to the realization of using creativity on not just the small deals but also on the big deals.
3:17 - Why it’s important to build rapport and get to know the desires of the seller before applying the creative solutions.
6:31- The story of how Mike brought a hotel up to snuff, turned it around, and sold them for better revenue and enhanced ownership.
9:36 - What Mike did to acquire a multifamily portfolio that opened the flood gate to other bigger portfolios.
13:28 - How his military background helped him be more creative and work with what he can.
15:22 - Mike shares why looking from a military lens has made him collaborate more and scale up his business.
Key Takeaways:
“When you're in the negotiation process, period, it's really about identifying what that seller truly desires, what they really want, and what they need.” -Michael Glaspie
“But the real advantage that most service members have is, that we spent a lifetime or a career being resourceful, not having all of the resources, but doing the most with what we have”. -Michael Glaspie
“Employers will say we really enjoy hiring people with military experience because when you give us a problem set, we're going to look at it, in black and white.” -Michael Glaspie
“We understand your objective. We're going to add what we can. We know what we have to work with and we will get it.” -Michael Glaspie
“Once you can build that same infrastructure that we resonated with within the military, you really start to begin to be able to scale your business to whatever it is that you imagined it to.” -Michael Glaspie
Connect with Michael Glaspie:
Podcast: https://www.militarycashflow.com/
Instagram: https://www.instagram.com/michael.s.glaspie/
LinkedIn: https://www.linkedin.com/in/michael-glaspie/
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
 

Have you ever heard of someone who raises capital not for his own but for other people’s deals?
Most of us are so focused on raising capital for our own deals that when we do it for others, we tend to make a lot of mistakes, in illegal manners, most of which aren’t really known.
So today, we bring you Ruben Greth, whose success started from just thinking about putting together all the sponsors and capital raisers he’s interviewed and make money from it. Tune in to learn how to build-to-rent syndications the legal way.
Ruben Greth has a popular podcast about raising money for multifamily syndication called the Capital Raiser Show where he learns from the best multifamily syndicators in the country.
He has partnered in $5M of capital-raising partnerships. He got his start by bringing joint venture capital to successfully raise $625K for small multifamily deals during the post-crash buying frenzy in Phoenix.
Ruben partners with multiple select syndicators bringing equity, advisory, and investor management. He has bachelor degrees in Chemistry and Spanish.
In this episode, Ruben spreads awareness regarding build-to-rent syndication as he shares how he and his partners are able to properly raise capital for other multifamily sponsors in a legal way.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 22 minutes from today's episode:
Find out what’s the difference between Rules 506(b) and 506(c) of the Regulation D;
Discover what happens in a build-to-rent syndication and why it’s done under 506(c); and
Understand why build-to-rent syndication is a great way to make money while raising capital for other people’s deals
Resources/Links:
Rule 506 of Regulation D: https://www.investor.gov/introduction-investing/investing-basics/glossary/rule-506-regulation-d
Capital Raiser Show: https://capitalraisershow.com/
Topics Covered:
01:17 – Starting his own fund and later on raising capital for other people’s deals
03:27 – Looking at and analyzing the build-to-rent model
05:00 – What the Regulation D. Exemption 506(b) and 506(c) are all about
08:09 – When does it make sense to raise capital for other people? What role do they take part in the Co-GP?
11:49 – Talking about the different fund types
14:11 – What happens in a build-to-rent syndication
17:48 – Houses and units under Ruben’s projects, the typical profile of families to live there, and the cashflow in such a property
21:35 – Connect with Ruben
Key Takeaways:
“The more that I’ve kind of spent time looking and analyzing this build-to-rent model, which has a little bit of a different risk profile than a multifamily syndication, the more that it’s making a lot more sense to let’s go full-board on the build to rent because everybody’s making a ton more money.” – Ruben Greth
“When you raise money from people that are completely passive, that have no active, ongoing duty in your business, then that technically becomes a security.” – Ruben Greth
Connect with Ruben Greth:
LinkedIn: https://www.linkedin.com/in/rubengreth/
Instagram: https://www.instagram.com/capitalraiser/
Website: https://legacyacquisitions.com/ ; https://capitalraisershow.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
 

Have you ever flipped a house? Have you thought about flipping houses?  We've all thought about flipping houses, especially with how the TV shows make it looks so easy.
Yet the real deal in the real estate road is, that flipping houses are not as simple as it appears on television.
Like any other business venture, flipping houses requires knowledge, structure, and insight to be considered a success. If you do not want your flipping business to end up as a flop, you have to find the right resources and help you gain more profits for your properties.
Jen Josey is a Real Estate Investor, Coach, Speaker, Blogger, Podcast Host, and Bestower of Badassery. She uses her humor and experience to inspire and educate others while coaching with integrity. Jen is the creator of REIGN, the Real Estate Investor Growth Network. Jen is a coach for HomeSchooled by Tarek El Moussa, a Certified Canfield Trainer, a Certified Knowledge Business Broker, a Certified Practitioner of Neuro-Linguistics Programming, and a Certified Professional Life Coach. She lives in Raleigh, NC with her husband, Vance, two dogs, and two cats.
In this episode, Jen shares the Top 10 Tips for Flips so you can do it the right way, multiply your investment, and gain profits.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you will learn from this episode for 20 minutes:
How Jen and her husband started their real estate adventure by flipping houses
Jen’s Top 10 Tips for flipping houses and what you need to know so you can do it properly
How to trust more in your education and experience on flipping houses so you can stick to your guns when it comes to choosing the right kind of property deals
Topics Covered:
1:31 - The reason why Jen loves real estate.
4:02 - Why education is invaluable when it comes to flipping houses.
5:53 - Why numbers don't lie and make sure that you are using the right figures in determining things.
7:13 - What are the exit strategies you can use when you're buying properties.
14:11 - The importance of doing your due diligence in hiring a professional inspector for your properties.
11:18 - How Jen breaks the ice to build rapport, find out what you have in common, and go from there when it comes to building her network.
17:15 Knowing when to walk away and know when to run on bad property deals
Key Takeaways:
“Don't get emotional. Real estate can be such a roller coaster on your emotions”. - Jen Josey
“Make sure you find your people where you feel comfortable for your education program”. - Jen Josey
“If you have a property that you flipped, and you are experienced and you did everything properly. And it's with, you know, your competition or other flippers that cut corners, so that actually can work in your favor.” - Jen Josey
“Your network is your net worth.” - Jen Josey
 “The answer will always be ‘No’ until you ask.” - Jen Josey
Connect with Jen Josey:
Website: https://www.therealjenjosey.com/
Mastermind: https://www.reignmastermind.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
 

How do you add value in a multi-family property deal and not look like a landlord who just kicks tenants out?
Toronto – if not Vancouver – is the most expensive real estate market in Canada, and with the place being so tenant-friendly, some might find it hard to buy and renovate a property there to rent out.
But worry no more because our guest today will share his own experience on adding value to a million-dollar property he’s bought! Tune in as we learn from Jesse Fragale.
Jesse Fragale is a commercial real estate broker and investor. He started investing in student rental properties a little over ten years ago. As his passion for investing grew, he began investing in single-family homes and condos. Following this, he transitioned to investing in multi-family apartments and that is his focus today.
Through his YouTube Channel, Podcast and Bigger Pockets Contributions, Jesse hopes to provide people with simple and straightforward real estate advice and education no matter what investing experience they have.
In this episode, Jesse discusses a case study on how they’re doing value-add to a multi-family property in Toronto.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 19 minutes from today's episode:
How to value-add in a multi-family property
The biggest operational challenges on renovating and renting out a property, especially in today’s time
How to approach a multi-family property renovation and deal in the midst of this pandemic
Resources/Links:
Listen to the Working Capital – The Real Estate Podcast. Just go to https://workingcapitalpodcast.com/.
Topics Covered:
00:54 – A backgrounder on the multi-family property Jesse is currently working on
02:20 – The value-add philosophy behind the property
05:43 – What could be the fair market value of the property?
06:45 – Are all units the same? What’s the rent that’s being charged?
08:39 – The biggest operational challenge and the way they approach it in accordance to law
13:58 – Before and after: What changed and stayed the same with the project
16:35 – Where Jesse and his team are currently at in that project
17:54 – Connect with Jesse Fragale
Key Takeaways:
“Back to the aspect of not looking like just a landlord that is kicking people out is that we’re now in a pandemic. I’m sure it’s colder out by you and some of the cities closer to you, but it gets very cold in Toronto as well. And we’re coming in to the winter, and we’re in a pandemic, so this idea of going through our negotiation process with tenants, it just wasn’t the right time. We don’t want to start the relationship like that, especially in that environment.” – Jesse Fragale
“This renovation, they don’t grow on trees, so you have to not just pay and come to an agreement, but you’re putting out quite a bit of capital.” – Jesse Fragale
Connect with Jesse Fragale:
YouTube: https://www.youtube.com/c/JesseFragale/videos
Website: https://workingcapitalpodcast.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
 

Do you have a daily routine, something that you consistently do, that helps keep you on track, get started on the right foot, and get a win every single day?
If you don’t have one, then this episode is exactly what you need right now. Join us as Martin Perdomo discusses the importance of your daily routine as he reminds us that small wins compound to a big one with time.
Martin Perdomo is the host of the Stroudsburg Real Estate Investors Club where coaches and trains hundreds of people around the country. He is also the host of Latinos in Real Estate Investing Podcast where he and his guests teach strategies to help people get started in real estate investing. In 2021, he and his company, Skilled Property Finders, won the “The 20 Mile March Award” given by the American Institute of Investment Housing.
He started investing in real estate at the age of 20 years old when he purchased his first property.
In this episode, Martin shares how his morning ritual goes as he explains how it’s changed his life since the day, he started doing it. He also mentions the apps he uses to help you start your mornings in an intentional way.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 21 minutes from today's episode:
How much your life could change just by having a consistent and intentional morning ritual as you start your day
Why it’s better that your routines include meditation
Discover apps/resources that can help you start that intentional ritual every day
Resources/Links:
Get to know more about Martin. Check out the Latinos in Real Estate Investing Podcast, Epic Real Estate Investors on Facebook, and follow him on Instagram and Facebook.
“The ONE Thing” by Keller Gary: https://the1thing.com/book/
Tony Robbins: https://www.tonyrobbins.com/
Headspace: https://www.headspace.com/
“The Compound Effect” by Darren Hardy: https://store.darrenhardy.com/collections/merchandise/products/the-compound-effect
Alux: https://www.alux.com/app/; https://www.youtube.com/c/Aluxcom
Elevate: https://elevateapp.com/
Topics Covered:
01:25 – Martin shares the backstory on how his morning routine started
04:53 – Talking about Martin’s 5-minute meditation
07:14 – Start the day on learning something new, meditate, then do journaling
10:35 – Ending the routine with activities that improve cognitive and physical ability
13:58 – Martin’s ‘always’ – meditation
15:05 – How his morning ritual transformed his life and business
Key Takeaways:
“What I found as I was studying successful people is that successful people, for the most part, have a ritual in the morning.” – Martin Perdomo
“I’m working on my cognitive ability because as a business owner, as a real estate investor, as a podcaster, and everything else I do, I need to be mentally sharp. I need to be able to lead my people. I need to be able to look up and identify those numbers quickly. I need to be able to look at a deal and see if it’s a good deal. I have to constantly be working on myself to constantly be getting better.” – Martin Perdomo
“I want little wins because those little wins, over time, compound to a big win.” – Martin Perdomo
Connect with Martin Perdomo:
Facebook: https://www.facebook.com/theelitestrategist
Instagram: https://www.instagram.com/elitestrategist/
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
 

Have you been wondering what’s the difference between a multifamily commercial vs an industrial commercial? Do you want to learn how to foresee if your investment has high value in the long run before closing the deal?
There’s a difference when running a multi-family to industrial commercial– from fishing out for a deal to closing one. So how should you be choosing deals in the competitive real estate market?
Cody Lewis is a founding partner for Vendue Capital, LLC. He is involved in property acquisition, investor relations, and asset management for the company.
Prior to Vendue Capital, Cody worked for leading technology companies such as Apple, Verizon Wireless, and CompuComand Jamf in the management of Business-to-Business Sales and Engineering as well as Business Accounts Executive. After educating himself in real estate investments and exploring many avenues of investments, he became a partner of Vendue Capital to acquire multi-family properties. Cody produces the podcast, Real Estate UnSuccess Stories, where other investors share stories of unforeseen problems in investing, resolutions, and the lessons learned.
Cody graduated from Coastal Carolina University with a Bachelor of Science in Applied Mathematics. He resides in Charlestown, SC with his wife and twin sons. In his free time, he enjoys time with his family and his season tickets to Clemson University football games.
In this episode, Cody shares the difference of having a multifamily and industrial commercial and how to foresee the value of your investments through IRR.
What you’ll learn in just 17 minutes from today’s episode:
Find out why you can't just keep on accepting real estate deals without analyzing them in the long run
Understand what is IRR and how it can help determine if the real estate is worth investing
Know what kind of value you should be looking for when investing in real estate
Topics Covered:
01:10 - Cody’s background in real estate investing and journey into scaling into the multifamily space.
03:20 - Why haven’t Cody and his partner been closing deals recently?
06:43 - Cody explains how their competitors are making money with the deals that Cody’s turning down.
07:43 - What does IRR mean?
11:16 - Is Cody starting to look at any other kind of asset classes?
13:22 - Cody’s website: Venduecapital.com
Key Takeaways:
“If you underwrote any deal back, you know, in 2020, 2021, even this year, a lot of things are still on future value. And there's a ton of risk that you have to take to bring maybe a cap rate that you're seeing.” - Cody Lewis
“As those cap rates were just continuing to get compressed, it just didn't make sense. We were looking at well, there's just there's not a lot of value to be added here.” - Cody Lewis
“We like to look at things from a long-term standpoint-- five-to-seven-year hold, or even longer, depending on what the market dictates. We underwrite for cash flow, that's our primary focus. We want to make sure regardless of what the value is of the property, if we need to, we can hold it for longer.” - Cody Lewis
“The equity is heavily weighted in favor of the passive investors. Well, as that IRR starts to creep up, the equity split starts to balance out or become more in favor of the partnership group, the general partnership group, and it does behoove them to perform at this level.” - Cody Lewis
“It was less about these groups performing the property really well and driving the NOI up and adding value to the property, it was more so that the market and the interest rates were really just taking that to the next level.” - Cody Lewis
Connect with Cody Lewis:
Website: https://www.venduecapital.com/
Email: Cody@venduecapital.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
 

Want to find out how can you turn your LinkedIn posts into potential clients and increase your engagement, and raise your capital at the same time?
LinkedIn carries a ton of potential for you to grow your capital and influence more people into real estate investing. It doesn’t only serve as your online “resume” but is a great way into building your audience, increasing online and business engagement, and raising your capital!
Suman Chakraborty is a senior consultant with a top Canadian management consulting firm. He is a real estate investor and is an inner circle member of several prestigious real estate communities. He has been using LinkedIn since 2016 and he coaches real estate investors and professionals on how to leverage LinkedIn for building personal brand, network, generate leads, and raise capital.
In this episode, Suman shares how you can use LinkedIn as a platform for real estate investing and turn your online engagement into promising prospective clients.
Checkout -- Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you’ll learn in just 17 minutes from today’s episode:
Discover how to raise capital and increase your online engagement through LinkedIn
Understand the importance of why you should make content buckets
Learn how to convert your LinkedIn posts into actual connections and future partners
Resources/Links:
Discover how to turn your LinkedIn into a platform for real estate investing and turn posts into capital: https://www.linkedin.com/in/sumanchakraborty1985/
Topics Covered:
01:39 - Suman shares how he got involved in real estate investing
02:35 - How he dialled in into LinkedIn
04:22 - What are the right way and the wrong way to use social media
06:19 - Suman’s perspective on active soliciting investors on Facebook and LinkedIn
07:15 - How to convert posts into actual conversations, and then into potential joint venture partners or investors
09:01 - Suman shares an example of how his clients have optimized their LinkedIn profiles
15:36 - How often should you post online
17:21 - How do videos maximize your engagement
Key Takeaways:
“You should always let your audience know beforehand. Set the ground rules and expectations.” - Suman Chakraborty
“Give value, and whatever claims you are making should be eligible, authorized to do that, and add value to people-- that is the most important thing in the right way.” - Suman Chakraborty
“I keep updating people. So, it engages curiosity, and they see, you know, this person is with the right people. So, engage with the right people. Because what has worked in my favor is many people who were more advanced than me, I was always focused on adding value to them. And that has in turn brushed upon my rapport.” - Suman Chakraborty
“So always add value to people. And that's how they had gained that trust.” - Suman Chakraborty
“Always give value, and be in the right people. You don't have to push marketing, do pull marketing, where people are going to you.” - Suman Chakraborty
Connect with Suman Chakraborty:
LinkedIn: https://www.linkedin.com/in/sumanchakraborty1985/
Instagram: https://www.instagram.com/sumanchakraborty812/
Facebook: https://www.facebook.com/sumanchakraborty1985
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
 

Why call everybody, telling them what you’re doing and asking if they want to invest with you, when you can magnify your strength in connecting and attract these people to work with you?
There are people like today’s guest, John, who aren’t really shaped to raise capital. Maybe you’re like him at some point, someone who is a natural at being shy.
But worry no more, because today, he’ll educate us on his three (3) C’s of attracting capital. Tune in and have investors go after you instead of you chasing them!
John Casmon is a real estate entrepreneur who has partnered with busy professionals to invest in over $100 million worth of apartments.
John also consults active multifamily investors to help them start or grow their business. He hosts the Multifamily Insights podcast (formerly Target Market Insights) and is the co-creator of the Midwest Real Estate Networking Summit.
Prior to becoming a full-time investor, John worked in corporate America, overseeing marketing campaigns for General Motors, Nike, and Coors Light.
In this episode, John discusses what his three (3) C’s are when it comes to attracting capital as he explains each C’s importance in successfully attracting capital and investors for deals.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 18 minutes from today's episode:
Discover what the three (3) C’s are when it comes to attracting capital
Understand the importance of having confidence, credibility, and connections when you’re trying to attract capital and investors
Find out where you can start creating connections if you’re the type of person who finds it hard to start a conversation
Resources/Links:
If you are interested in investing in apartments or you want to see what a deal might look like, go to https://www.casmoncapital.com/sampledeal and download a sample deal package for multifamily apartments.
Get tips on how to be a successful apartment investor. Tune in and listen to https://www.casmoncapital.com/podcast
Topics Covered:
01:36 – Why John prefers attracting capital rather than raising it
03:51 – 3 C’s to attract capital: (1) Confidence that comes from preparation
05:29 – 3 C’s to attract capital: (2) Credibility that comes from the experiences you have
08:41 – 3 C’s to attract capital: (3) Connections, starting with the people you know
12:04 – A piece of advice for people who find it hard to create connections and turn conversations into real estate conversations
17:07 – The sample deal package and the podcast
Key Takeaways:
"First and foremost, you mentioned the three C's to attract capital, and the key word in there is attract because you want it to work like a magnet – you want to pull the money to you as opposed to you pushing or chasing the money; that's not fun.” – John Casmon
“That confidence has to come from preparation. If you are not prepared, it's hard to be confident. Yes, you could fake it, but that is not the position you want to be in, particularly when you're dealing with other people's money.” – John Casmon
“The credibility comes from the experiences you have. You may not have ever done a deal, but if you've put in the work, if you've prepared, you can be confident in the work you've done. But that credibility is about the work you have done, and maybe it hasn't been a real estate; maybe you're like me, a former corporate executive.” – John Casmon
“When most people get tripped up, they say to themselves, “I don't have a network of people who can invest in these kinds of deals. I don't know super rich people or multimillionaires. So how could I ever raise money for these deals?” And the truth is, maybe you don't know those people. But you know what? I don't know all those people either. You have to build your network, and you start with your connections with the people you do know.” – John Casmon
“This is something that you can learn. The biggest takeaway is – and I tell my kids this all the time – nothing is easy, nothing is hard. Either you have enough practice and experience where it feels natural or you need more practice and experience. So don't chalk something up as, ‘Oh, it's easy for him to do it, but I can't do it.’ You could do whatever you want to do if you are willing to put in the practice.” – John Casmon
Connect with John Casmon:
Website: https://www.casmoncapital.com/
Email: john@casmoncapital.com
LinkedIn: https://www.linkedin.com/in/john-casmon-7942454/
Instagram: https://www.instagram.com/jcasmon/
Twitter: https://twitter.com/jcasmon
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
 

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
 

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