Property Profits Real Estate Podcast

As the book Rich Dad Poor Dad says, when we’re young, we need to work to learn and not to earn. But how is it that someone as young as a 25-year-old already got so ahead in the field of real estate investors?
Most people in the real estate world are just so busy with the flips that they ignore all the stress in exchange for the huge profit. But is it really worth it? How do we really invest to live the life of our dreams?
Remember, the goal is to build wealth and cash flow through real estate investing. Join us today and be able to change your life forever.
Hayden Crabtree is a best-selling author, a Self Storage Investor, and a Developer. He is the Founder of My Property Stats, the all-in-one toolkit for real estate investors.
In this episode, Hayden shares how he’s gotten successful even at such a young age of 25. Here, he explains why people should ‘skip the flip’ as he discusses the principle that helped him do great things in real estate investing.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 19 minutes from today's episode:
Discover what’s the most important thing to practice when looking for mentors in any field;
Find out why people should ‘skip the flip’ in line with the biggest myths there is in real estate investing;
Understand why confidence is huge in achieving one’s goals, especially when it comes to generating income through real estate
Resources/Links:
Grab a FREE copy of Hayden’s book, “Skip The Flip: Secrets The 1% Know About Real Estate Investing That You Don’t”. Go to https://haydencrabtree.com/freebook. For physical copies, visit Hayden’s Amazon
Check the all-in-one toolkit Hayden made for real estate investors. Visit https://mypropertystats.com/
Topics Covered:
00:37 – Hayden’s backstory on how he got into real estate
01:13 – Reading Rich Dad Poor Dad and meeting his first ever mentor
03:32 – What did Hayden’s mentor have him do during their days together?
04:47 – Hayden answers the question: Why should people ‘skip the flip’?
07:23 – Ads
07:57 – The most common and biggest myths in the field of real estate investing
08:59 – Cash flow as Hayden’s favorite form of income through real estate
09:55 – How Hayden’s personal investing journey went as soon as he started working on his own deals
11:14 – What is Hayden’s definition of ‘commercial’ investing?
11:54 – The principle that allowed Hayden to do great things in real estate
14:43 – My Property Stats: On starting a software company
17:39 – Grab a copy of Hayden’s “Skip the Flip” book
Key Takeaways:
"A huge key to finding a mentor is providing value, and not taking and draining away from somebody who is successful’s energy and time.” – Hayden Crabtree
“What a lot of people do is they want to get there, but they think to themselves, like ‘I can’t do that; I have to do this, and this, and this before I can get there.’ But what they don’t realize is that it’s the same exact thing. There’s just one or two more zeros on the ins of every check. It takes the same amount of time. It’s the same amount of energy. It’s just the same.” – Hayden Crabtree
“Confidence is huge; believing in yourself, believing in what you’re doing and the risk that you’re taking.” – Hayden Crabtree
“You don’t have to be a rocket surgeon in order to be a real estate investor, and that’s one of the beautiful things about it.” – Hayden Crabtree
Connect with Hayden Crabtree:
Website: https://haydencrabtree.com/freebook
Instagram: https://www.instagram.com/haydencrabtree/
Email: hayden@haydencrabtree.com
YouTube: https://www.youtube.com/channel/UCvyhZSGfQpsg2CJ0iYgoLRA
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 want to buy back time and still earn millions with real estate investing?
Why not try delegating instead of multitasking?
Abbas Mohammed is a Real Estate Investor with over 1500 apartments and top 50 agents with Remax Nationwide. Abbas grew his business leveraging 25 full-time virtual assistants!
In this episode, Abbas shares how he scaled his business from 350,000 a year to millions of dollars in just two years by installing systems and hiring virtual assistants. He also shares how his success with hiring VAs led him to create a course on how to hire virtual assistants without having to spend more.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 18 minutes from today's episode:
Learn how to scale your business to millions with systems
Find time freedom by employing virtual assistants
Hear about a way to leverage time and produce more without having you do all of the tasks
Resource:
Use the Code ‘VA’ to get $500 off to enroll in the course, “Discover the ‘Formula’ for Building Time-Saving VA Systems to Remove Yourself Out of the Day-to-Day Operations”. Click here: https://theabbasgroup.com/va-program/
Topics Covered:
01:17 - Backtrack to what led Abbas to real estate investing
02:56 - Cold calling to his first investment profit
03:34 - Becoming the top agent of the year in the Bay Area
04:11 - Systematizing his business with virtual assistants
07:24 - What virtual assistants do to help scale his business
10:50 - Wrong notion of people when hiring VAs
12:48 - Creating systems and business processes
14:42 - A course on how to hire Virtual Assistants
17:17 - Where he spent his time now in his real estate business that's a money-making machine for him
Key Takeaways:
"I knew I was doing something wrong. I went out to systematize my business. And that's when the virtual assistants started working. And what I did is I went out to systematize my business. I just simplified every little step of everything that I did. I bought eight hours of my time back." - Abbas Mohammed
"I went from having four virtual assistants to now having 25 virtual assistants. And my business went from making 350,000 before hiring a single one to make $2 million within less than two years, which was incredible." - Abbas Mohammed
"You're just leveraging your time; you're leveraging your ability to produce more. And the more people I added to my business, the more my income grew, and the easier my life became because now it's like, just sit back. And I could focus on actually growing the business versus just being time constrained." - Abbas Mohammed
"People think that they're special, and they're just this great person that could only do the task. But the reality is, we're all replaceable. If you could do it, why can't somebody else do it? What a lot of people have is that they don't have the right systems in place. And people run their businesses based on their gut feelings, not based on actual procedures where they could just pop somebody in, and they follow the same exact procedures you were doing." - Abbas Mohammed
Connect with Abbas Mohammed:
Website: https://theabbasgroup.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
 

Are you looking for something to invest in where you do away with all the long-term commitment to tenants and the utilities involved in running and managing a business?
Well, you've come to the right place.
Jay Bowman lives in Kentucky, married with two kids. He is a former SFR rental purchaser, and rehabber turned self-storage investor.
In this episode, Jay shares how you can replace a day job's income with a few self-storage facilities. And depending on the lifestyle you want to achieve; you can always add up more.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 14 minutes from today's episode:
Find an investment strategy that lets you operate with speed and ease.
Discover how this portfolio is a good source of steady cash flow without expensive maintenance.
Hear about how you can have a lien on an individual's stuff and have it auctioned in a matter of days, completely rent it out to someone else when there is payment default
Resources/Links:
Website: https://www.gobeyondstorage.com/
Topics Covered:
00:41 - How A, B, and C storage facilities differ from each other
02:07 - When and what made him venture into storage facilities
02:57 - Number of square footage they have with the four facilities they own
04:27 - The process of getting to one's storage facility unit and when do these facilities needed
06:19 - Benefits of switching to self-storage facilities
09:22 - What more is there to love about self-storage facilities
11:39 - The number of facilities to own to replace your day job income
13:11 - Where to find Jay
Key Takeaways:
"In a single family, you have evictions. If you're in major cities, we don't have eviction laws in self-storage; we have lien laws. So, the moment somebody does not pay, you can go by that state's lien law." - Jay Bowman
"We like to keep it simple. I think that we're going to see many people in the future start moving towards investments where simplicity rules. There's just a lot of cash, a lot of ease; it's a very in and out type of business. While residential is not that way." - Jay Bowman
"What used to be digging through a very small pile of coal to find a diamond, nowadays, through a very large pile of coal is the value that has really just gone up." - Jay Bowman
Connect with Jay Bowman:
Website: https://www.gobeyondstorage.com/
Facebook: https://www.facebook.com/jaybowmanREI
Twitter: https://twitter.com/jaybowman
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
 

Funding your own deals is good at the start, but you can only go so far with a few deals. Getting into bigger deals requires more significant funds, where raising capital comes into play.
And that's not an easy part to do. But how can you mobilize funds without sounding desperate for that?
Through his vision and leadership, Ellis Hammond has led Symphony Capital Group to acquire more than eighty-seven million dollars of commercial and multifamily real estate in 2021. He is also the founder of Kingdom REI, a mastermind and coaching community for faith-driven real estate investors who want to multiply their real estate portfolio, income, and impact through joint ventures and collaborations.
In this episode, Ellis shares how he made the most of his experience as a pastor -- the people he built relationships with, banking on their trust in him, sharing his faith and many things of value to other people he meets. All those help him pool funds together and scale faster.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 18 minutes from today's episode:
Learn how you can dive into bigger deals with borrowed credibility and borrowed capital funds
Find out how you can leverage relationships to scale your real estate business
Discover a mindset around raising money without sounding creepy
Resources/Links:
Website: http://symphonycapitalgroup.com/
Topics Covered:
00:49 - What's his primary strategy, and how building relationships get him to where he is today with his portfolio
03:11 - How to successfully raise capital for your deals
05:28 - What he would have advised himself when he just started
07:21 - Emulating the GP model and what it is all about
10:02 - Responsibilities and profit sharing in the GP model
13:31 - Raising funds without sounding like it
16:24 - What he is up to these days
Key Takeaways:
"We bought our first duplex, and nine months later, we partnered on our first multifamily deal, which was 144 units. Not that we don't want to take a whole lot of credit for that deal, because we didn't do a whole lot except leverage our relationships to provide equity for that deal." - Ellis Hammond
"The thing that I think has made me successful in both arenas [being a pastor and entrepreneur] is the ability to communicate a vision and communicate value to folks." - Ellis Hammond
"I think that confidence and that mindset is the best advice I can give to someone [in raising capital]. See yourself as a person of value. " - Ellis Hammond
Connect with Ellis Hammond:
Website: http://symphonycapitalgroup.com/
Twitter: https://twitter.com/ellis_hammond
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
 

Even with a manager around, you still have to oversee your properties from a distance. And that entails some challenges and much work, especially when doing it all by yourself.
How do you make things manageable and everything working without micromanaging your managers?
Sharad Mehta has done over 400 deals in the last six years since he became a full-time real estate investor, and over the years, he has developed systems to automate many parts of his real estate investing. Sharad is a very active investor in the Lake County, Indiana market. Using the systems that Sharad has developed, he is able to manage 3-4 rehabs a month from a distance.
In this episode, Sharad shares how he believes in systems and processes to run the business and to have all the checks and balances, so you know what's working and what is not. And improving those that don't, especially where managing properties from afar is concerned.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 12 minutes from today's episode:
Find out tips on how to hire property management companies and how to manage them from a distance
Learn about the benefits of employing systems and processes to run your real estate business
Discover a marketing software tool for real estate investors for a data-driven lead management
Resources/Links:
Website: https://resimpli.com/
Topics Covered:
00:45 - Investment strategy he delves into
00:59 - Why he transferred to live in Canada from the US
01:29 - Differences and similarities between investing in Canada and the US
02:40 - Running and managing a business in the US while living in Canada
03:49 - The challenge of self-managing your properties
04:55 - Why he is big in systems and processes with all the checks and balances in place
06:27 - How his properties are being managed
06:51 - Tips for choosing a management company
08:39 - Managing managers from a distance
10:07 - What is his software program all about and how does it help real estate investors?
10:40 - Which investors are the software focused on?
11:11 - Where to find Sharad
Key Takeaways:
"It's a better market to invest for rental in the US. But for long-term appreciation, I see a greater market to invest in Canada." - Sharad Mehta
"We're trusting the process. And if something doesn't work in the system, then the goal would be, okay, let's just go in and improve one step in the process rather than get overwhelmed with the entire process." - Sharad Mehta
"I'm big on that [systems and processes]. It's about just trusting the process. That's the only way we know things are moving forward." - Sharad Mehta
"How to manage the managers would be; I would definitely review the property management document that they provide you. And then be very clear about the maximum the property management company can spend without getting your approval." - Sharad Mehta 
Connect with Sharad Mehta:
Website: https://resimpli.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
 

When everything else looks the same, and the price and quality are similar; how do you get yourself differentiated and be chosen from the rest?
That's where branding comes in. And when truly dialed in, that's what makes all the difference.
Paul Copcutt is a 15-year personal brand strategist, speaker, and podcast host whose personal branding insights have been featured in Forbes, Reuters, The Wall St Journal, Globe & Mail and Financial Post.
In this episode, Paul shares how you can let people distinctly know what you do, who you do it for, and why you're different, and be not just a brand but a differentiated brand.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 18 minutes from today's episode:
Find out that one valuable tip on dialing into the emotional attributes that make you unique and help differentiate you from the rest
Discover helpful resources that make an excellent place to start thinking about branding yourself
Learn how personal branding works for a real estate investor for people to choose to work with you over many others who offer the same thing
Resources/Links:
Website: https://reibranded.com/
Topics Covered:
00:46 - Defining branding
01:32 - Branding from a real estate investor's point of view
04:47 - Why it's hard to distinguish one's strength
05:31 - Finding that one attribute that sets you apart from the crowd
10:12 - How branding works for real estate investors who do the same things as the others
13:06 - Successful branding case study
16:05 - Getting yourself started on the whole branding idea as a real estate investor
Key Takeaways:
"What the listener needs to get clear on is, what are the emotional attributes underneath that differentiate you from somebody else? - Paul Copcutt
"You don't need to be funny or quirky to be a good flipper. But it differentiates you. If the listener thinks about any brand they know or love, chances are, it's not about the product or service they're buying. It's the emotional connection they've made to that brand." - Paul Copcutt
"Your emotional attributes will be why somebody wants to hire you, work with you, or loan new investment money versus somebody else because they've made that emotional connection. And equally, sometimes, that emotional connection is not there, and it's not a good fit. And it's equally good to know that and go away from the project because it will be a nightmare." - Paul Copcutt
"If you can get very clear about what it is you do, who you do it for, and why you're different, hopefully in 10 to 12 words, that's easy for somebody to remember." - Paul Copcutt
Connect with Paul Copcutt:
Website: https://reibranded.com/
LinkedIn: https://www.linkedin.com/in/paulcopcutt/
Facebook: https://www.facebook.com/paulcopcutt/
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
 

Getting some perspectives on all the options available makes you evaluate your risk appetite and assess where you feel you work best and grow more.
Having experienced both worlds, the UK and Canada, it's best to hear what works and what doesn't for each country. Knowing the most lucrative market to get into also helps, so you get the most of your time and investment.
Gary Spencer-Smith served in the Royal Navy for nearly 11 years, and emigrated to Canada in 2007. He started investing in 2005 in the UK, and 2008 in Canada, and has been a full-time investor since 2012. Gary now owns and manages a portfolio worth over 12M. This includes single-family suited homes (his bread and butter), large commercial spaces, and a lakefront holiday resort on Vancouver Island, consisting of 12 houseboats, two houses, cottages, and a pub and restaurant.
In this episode, Gary shares what investment portfolio affords him the lifestyle he wants as he talks about his approach to how one continues to build wealth in real estate.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 17 minutes from today's episode:
Find out an investment portfolio that allows you to live and work at the same time in a space where most people can only imagine
Learn about one capital-attracting strategy
Discover a three-step strategy that helps create wealth in real estate
Resources/Links:
Website: http://www.revnyou.com/
Topics Covered:
01:59 - How he found his path in real estate
02:22 - Gary's main investment strategy
04:49 - Another promising investment portfolio
07:01 - Gary's capital-attracting strategy
07:34 - Three-step strategy to creating wealth
09:43 - Similarities and differences between investing in the UK and Canada
13:21 - What is RevNYou all about, and their networking style?
15:55 - How to reach out to Gary
Key Takeaways:
"I remember sitting someone saying, I can tell you how to make a million dollars in real estate, and they were like, 'Oh!' Why don't you buy four houses between 50 grand each, rent them out for 20 years and pay the mortgage down? There's a million bucks, no rocket science. And that was pretty much how I attracted capital within my network." - Gary Spencer-Smith
"I can create myself a job. That's where we did the property management; I can do jobs within real estate; I pay myself an hourly rate to fix stuff and build and renovate and all that kind of stuff. And then I create some wealth on the back end. So, it was like a little three-step strategy that I had." - Gary Spencer-Smith
"A lot of us get sold on the latest shiniest thing that you follow, and you're spending money on, and a lot of the times we forget as I did to take a step back and let real estate fund the life that you want to live." - Gary Spencer-Smith
Connect with Gary Spencer-Smith:
Website: http://www.revnyou.com/
Facebook: https://www.facebook.com/revnyou
YouTube: https://www.youtube.com/c/RevNYou/featured
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
 

Business in its infancy is never easy, especially when you don't have a good amount of capital.
But you can always overcome those struggles like our guest today who bought his first property with no money, only armed with a financing strategy.
Eric Martel is an Entrepreneur, Author, Public Speaker, Real Estate Investor, and Founder of MartelTurnkey.
In this episode, Eric shares how he started and got interested in investing in real estate by learning from someone he considers his mentor and by buying his first property without shelling cash. Later, he delves into turnkey rentals turning this business into a family legacy.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 17 minutes from today's episode:
Find out financing strategies for your deals even with no capital funds.
Hear about how to create a legacy business for your family.
Learn about an investment strategy with reduced risks from the investors' perspective.
Resources/Links:
Get Eric Martel's book 'Stop Trading Your Time for Money. Click here: https://marteleric.com/book/
Topics Covered:
00:48 - Eric sharing his real estate journey
01:22 - What is Actuarial Mathematics?
01:59 - Finding mentors and starting real estate investing from there
03:15 - Financing strategies you can do
04:17 - The issues surrounding vendor take backs
06:08 - Taking control over your own money
06:59 - Getting started in out-of-state rentals
09:15 - How the Martel Turnkey started
11:27 - Markets for his turnkey rentals and the selling price
12:28 - Monthly net cash flows for these turnkey rentals
13:39 - Why is he focusing on selling turnkey rentals rather than holding them off for the long-term?
Key Takeaways:
"There are all kinds of different ways to bring money into the equation through a joint venture through all kinds of different things." - Eric Martel
"I'm in a unique position that most people are not. I have two adult children, and they are in the business with me. I have my legacy and my kids are going to take this over. So, they're building something bigger." - Eric Martel
Connect with Eric Martel:
Website: https://marteleric.com/
Facebook: https://www.facebook.com/eric.martel.ca
Twitter: https://twitter.com/e_martel
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
 

Fear is the one thing that's keeping most of us from getting started. And part of that reason is one's idea of perfecting everything before starting. And that is not helping and getting us anywhere.
The same thing with real estate; it is only with taking action, even how imperfect they are, that we move along and get things to happen.
Frans Calderon came from Colombia, South America in 2008 with the intention to learn to invest in real estate. He purchased his first property in 2009 and since then his real estate business has been growing. Now he owns more than 50 rental properties, and works in multifamily and development deals.
In this episode, Frans shares how he overcame fears to start a real estate investing business as he relates his own story of not knowing anything much about real estate when he started. He underscored the idea of seeking help and stuffing himself with knowledge through mentors and by securing an education on related matters. And that is how he managed to stay afloat and become successful in a completely new place in real estate.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 21 minutes from today's episode:
Learn how to sell your property and profit fully from it without paying capital gains taxes
Find out how you can buy properties even when you are new in the country and have no credit rating to back you up
Discover how a complete newbie learn the ropes of real estate and profit from his first property investment three times more
Resources/Links:
Website: https://www.rockrei.com/
Topics Covered:
01:43 - What influenced his entry into real estate
03:54 - Taking massive actions and buying his first property in the US
05:52 - How he bought a property in the US even with no credit rating to back him up
10:37 - How he sold his first property without paying capital gains tax and using it to buy
one property after another
11:59 - How his salary as police officer back in Columbia pales in comparison to what he's earning in real estate
13:11 - The struggle of most people in not pursuing real estate and what makes immigrants dare to jump in where many don't do
16:31 - His mindset about taking actions especially where real estate is concerned
18:09 - What mistakes are teaching us
Key Takeaways:
"I think what is stopping most of the people is the fear. They have false beliefs that create the fear that this is not possible." - Frans Calderon
"One reason [why immigrants overcome fear of getting into real estate] is because many times we have to overcome many fears to come to another country." - Frans Calderon
"Take massive, imperfect actions." - Frans Calderon
"You need to learn to be a rhinoceros; you just need to be charging with all the power because if you try to have everything perfect and under control, you will never do anything." - Frans Calderon
Connect with Frans Calderon:
Website: https://www.rockrei.com/
YouTube: https://youtube.com/channel/UC7lRuy_qPOQN3XWlsgIHheASpanish:https://youtube.com/channel/UCTaz3c4SLlruYGm4FXYFWqg
Facebook: https://www.facebook.com/100009078807903
Facebook: https://www.facebook.com/TheCharlestonREIA
Facebook: https://www.facebook.com/groups/10xREI/
Instagram: https://www.instagram.com/franscalderonrockrei/
Instagram: https://www.instagram.com/thecharlestonreia/
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
 

With the world slowly opening up and businesses wanting to bounce back from the hard effects of COVID-19, it's worth putting your money that allows a lucrative return.
That’s why it is a good idea to invest in a property portfolio that provides short-term rental income and has a broad market exposure which presents a winning angle in both short and long-term perspective.
Taylor Welch is the CEO of Traffic and Funnels, author of 3 best-selling books, international speaker, entrepreneur & creator of the #1 rated sales training program with thousands of clients trained globally (The Sales Mentor). Taylor has advised & serviced nearly 50,000 individual businesses worldwide and took his real estate investment company, Wealth Cap Holdings, from 0 to 8 figures in lightning speed. All three in-house brands produced multiple eight figures in less than 5 years.
In this episode, Taylor shares the market craze going around these days. He considers it a good investment portfolio to get into now because of the cash flow from the short-term rentals that you can benefit from and the promising multiple exit strategies available as your recourse.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 18 minutes from today's episode:
Learn about an asset class that is the market craze now and will stay for a significant time
Find out an investment strategy that provides multiple exit strategies, so you get supplied with lucrative options
Know how to scale faster in your real estate business without sacrificing quality and cutting corners
Resources/Links:
Check out Taylor's menu of different projects: http://taylorawelch.com/links
Topics Covered:
01:06 - How Taylor got thrown into the real estate space
03:30 - The two main trends these days that give rise to the short-term rental community
05:14 - Promising markets for short-term rentals
06:14 - Choosing to build short-term rentals in the secondary and tertiary markets.
10:07 - Sharing his experience handling turnkey properties
13:34 - How to scale faster without cutting corners
16:28 - Where to find Taylor and what he's up to these days
Key Takeaways:
"Right now, in the US, it's like you have to go to the secondary, tertiary markets, to find markets that cater to healthy job growth and population growth at the same time. It's the secondary and tertiary markets that aren't necessarily as prime. But they cater to a wide exposure of different people." - Taylor Welch
"I am always looking at shortcuts, not in actually cutting corners. But what areas could I do this faster without sacrificing quality, without increasing my risk exposure? I would recommend finding ways to accommodate partnerships." - Taylor Welch
"Partnership allows you to appear bigger than you are, and take advantage of it. Don't go solo for the rest of your life." - Taylor Welch
Connect with Taylor Welch:
Website: http://taylorawelch.com/
Twitter: https://twitter.com/taylorawelch
YouTube: http://www.youtube.com/c/taylorawelch
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
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