Property Profits Real Estate Podcast

Why hand over your hard-earned money to someone else to grow it when you can do it yourself and control how much you want to increase it?
That's precisely what this episode is about, investing in real estate, particularly buying single-family homes and making things work amidst the rising market situation.
Rick Harris is an investment real estate author, coach, and consultant who helps investment real estate investors to boost their real estate purchasing and renting ability.
Drawing on twenty years of investment real estate experience, Rick reveals the strong financial foundation, sustainable wealth, and living legacy that investment real estate can bring to our lives. In his debut book, 31 Days to Purchasing and Renting Your First Investment Real Estate Property, Rick demystifies the real estate purchasing process and expertly guides readers through the steps to starting their own investment real business: identifying the right type of property to purchase, putting the deal together, obtaining financing, setting up a proven cash flow and marketing system, and much more.
In this episode, Rick shares how you can grow your retirement fund faster, choose your lifestyle, and even pay your mortgage quicker by investing in single-family homes.
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 the magic in buying and investing in single-family homes and make things work despite the increasing market price
Hear about the portfolio you need to have and get started with to prepare you for retirement
Know about the tips to help you bail out your mortgage faster and quicker
Resources/Links:
Get your FREE Business Plan Startup Checklist and get a copy of the book: 31 Days to Purchasing and Renting Your First Investment Real Estate Property by Rick Harris. Click here: https://www.vaulttoinvestmentrealestatesuccess.com/
Topics Covered:
00:56 - How Rick started a side hustle in real estate
02:32 - What investing strategy did he first focus on when he started investing in real estate?
04:40 - Making things work by buying single-family homes amidst rising market price
08:27 - Uber rising your investment
09:28 - What he would have done differently early on when he first invested in real estate
11:37 - A good portfolio of properties that will hugely set up your retirement fund and a lifestyle you want
Key Takeaways:
"I had all the bells and whistles, a defined benefit pension, RSPs, OAS, CPP, outside investments, but I really had just turned the money over to other people I didn't have any control. And I was looking for that one specific thing that I could actually do that I felt I had some control over. And investment real estate, when I did my research fit that bill." - Rick Harris
"What would I do differently if I was to start over again? First of all, I wouldn't buy the white picket fence; I would buy a duplex or a bungalow. And the other thing I do is I would go and get a part-time job, even if it was three hours a week, and put that money down towards the principal." - Rick Harris
"Don't give up your day job, don't give up your career; you have to have a comfort level. And I'm also not suggesting having all your eggs in one basket. I didn't grow up with that philosophy, I think you should be diverse." - Rick Harris
Connect with Rick Harris:
Website: http://www.vaulttoinvestmentrealestatesuccess.com
LinkedIn: http://www.linkedin.com/in/wrickharris
Facebook: https://www.facebook.com/vaulttoinvestmentrealestatesuccess/posts/
Twitter: https://twitter.com/vaulttosuccess/
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
 

Fernando Aires is a Financial Independence coach helping clients reach their ‘Financial Independence Day’™. He achieved his own financial independence through real estate income investing after retiring from Corporate America, designing computer chips in the tech industry for over25 years, most recently as a Senior Manager at Apple. Fernando is a biohacker, certified BulletProof®coach with the Human Potential Institute at BulletproofExec.com.
In this episode, Fernando shares how he managed to earn his day income by dabbling in real estate for two years. With the time and financial freedom that he got, along came his entry into the biohacking space and how it enormously benefited him health-wise.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn from today's episode:
Learn how to replace your day income in a short period of time
Find out a lifestyle that makes you stay healthy, making you feel young and energetic to last a long time
Find out the biggest bio-hack that saves you money but makes you young biologically
Resources:
Website: https://fernandoaires.com/
Topics Covered:
01:36 - Transitioning to real estate from a very high-paying job and replacing his day income in just two years
04:01 - What his investment portfolio consists of
05:32 - Concentrating on the philosophy of dying young and living a long time
06:32 - The turning point leading to the biohacking space
09:16 - What is Biohacking all about?
12:35 - The biggest bio-hack of all and the huge benefits you can reap from that
14:41 - What Fernando's diet looks like
17:52 - The reason he sticks to a healthy lifestyle and how he overcomes doing things otherwise
21:50 - Netflix health documentaries that are worth watching for
Key Takeaways:
"I started to replace the income that I had at Apple with rental income from real estate. I pretty much had to replace about half of my gross income that I had at Apple." - Fernando Aires
"I incorrectly thought that I could be healthy and eat whatever I wanted and just survive with so much exercise. And you can never do that; you can never get healthy by not eating correctly." - Fernando Aires
"Fasting is the biggest bio-hack of all. It's a cleansing. No wonder all religions or cults in the world have some fasting period. It's truly both a mental and spiritual but also a physical cleansing that happens." - Fernando Aires
"You need to have the discipline that has proven that I am many years younger biologically than I am chronologically. All of that proves that it works, and I feel great and still play soccer at a high level. I travel, and I am constantly being told that I don't look my age. It kind of itself propels you into staying in that mode." - Fernando Aires
Connect with Fernando Aires:
Website: https://fernandoaires.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
 

Sarah Sullivan is the founder and owner of SuGo Capital, an investment company that connects investors to a strong passive income via real estate. SuGo Capital consistently offers hands-off investment opportunities for accredited and non-accredited investors. Sarah's passion in life is sharing her knowledge around real estate! SuGoCapital currently has 1800 units and over $180MM worth of assets under management.
In this episode, Sarah shares what helped her grow her real estate business faster and accelerated her portfolio exponentially. She touched on her style of marketing, the kind that educates and lets people see you as the expert in your field, giving them the reason to know, like, and trust you.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn from today's episode:
Find out the two key things that made it possible from nothing to an enormous portfolio size in a short period
Learn how you can enjoy not only time freedom but financial freedom all at once
Discover a marketing strategy that positions you as knowledgeable in your space even with less experience and earns people's trust and confidence
Resources:
Website: https://sarahs360.com/
Topics Covered:
01:14 - From having a great job to an impressive portfolio in a short timeframe
04:24 - How long it took her to acquire financial independence
05:25 - Making it possible to scale faster
06:01 - Her idea of marketing that works much to her advantage
06:46 - Being intentional in every marketing event she does
10:18 - Simplifying your language when educating people
11:31 - How to make sure you're not breaking laws when it comes to raising capital for your deals
13:11 - Taking a look at her CRM process
13:53 - What her online lead generation events look like
15:24 - One best thing you can do to grow so much faster in real estate
Key Takeaways:
"You can learn all the strategies you want. But if you don't have investors, and you don't have leads, you don't have clients, then you don't have a business. I had a great investment product, but I didn't have people. So, I hired a marketing coach. And then everything blew up." - Sarah Sullivan
"Educate, educate, educate. Let people know how much you know. And so, even though you may not have a ton of experience in everything, there's something that you know a lot about. And then they're going to realize how smart you are in that area. And then that grows trust and competence." - Sarah Sullivan
"Be intentional with each event. Is the purpose to build trust, is the purpose to educate? And you want to make sure that in your series, you're building trust and building education. And also, another really key thing is to educate while you're not asking them to invest." - Sarah Sullivan
"You don't want to be asking someone to make an emotional decision while they're learning at the same time." - Sarah Sullivan
"Partner earlier because two heads are better than one, like trying to do it on your own. I have a very specific set of skills and someone else has very complementary skills and what they like to do and are good at, so let's partner, and we'll do eight times as much together as I would do on my own." - Sarah Sullivan
Connect with Sarah Sullivan:
Website: https://sarahs360.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
 

Casey Franchini is a real estate investor, rental property coach for newbies, wife, and mom to 3 small kids. She makes a full-time passive income from rental properties without full-time investing and teaches others how to do the same.
In this episode, Casey shares how you don't need to have hundreds of properties to earn a full-time income. She talks about what she believes and does regarding her multifamily rental properties, making and netting a good amount of cash flows every month.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn from today's episode:
Find out the number of properties that will give you the financial independence that you want
Discover a real estate philosophy and strategy that will give you a full-time income even when you're just a passive investor
Hear about her techniques when buying rental properties that give her a good amount of cash flow now and in the future
Resources:
Website: https://www.brickbybrickwealth.com/
Topics Covered:
01:06 - How those fun times seeing open houses led to real estate investing
02:21 - Finding her niche with flippers
02:52 - Uncovering a gold mine in rental properties when moving to Tennessee
04:13 - Sharing her philosophy and real estate strategy
06:38 - What she teaches and preaches about multifamily properties she invests in
07:25 - Not adding on but finding added value potential to the properties
10:22 - Her thoughts on the financial independence number
11:27 - Number of properties you need to gain a full-time income
12:30 - Goal in terms of when to buy properties
14:31 - Keeping specific percentages to equity and refinance on her properties
15:15 - Student success stories
16:25 - What does she think of hiring property managers?
17:56 - Setting up your team: the essential people you need to have and the red flags to watch out for
Key Takeaways:
"My strategy is to buy properties with your hard-earned money. Put your 20% down and buy in a very appreciating area with good cash flow now and good cash flow growth potential for the future and just let them be cash cows." - Casey Franchini
"I like to buy properties that once I do the hard work of buying them, fixing them up with quality repairs, materials, and putting a tenant in place. That's it; I'm done, and the property will appreciate, increasing my net worth, while I sleep." - Casey Franchini
"People don't realize that you only need a handful of properties to make a full-time income." - Casey Franchini
"A couple of skills to learn, you need to learn one, you just need to learn how to do it one time. You're not constantly relearning things all the time. And then you can go out and do it over and over again." - Casey Franchini
"Find an investor-friendly agent that works in the area you're looking in because you can need those potential off-market or pocket listings and the help with rental comps and things like that." - Casey Franchini
Connect with Casey Franchini:
Website: https://www.brickbybrickwealth.com/
Instagram: https://www.instagram.com/brickbybrickwealth/
Twitter: https://twitter.com/brickbybrwealth
YouTube: https://www.youtube.com/c/brickbybrickwealth
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 25+ years of experience, Jason Palliser has perfected the front end of real estate investment. His 2 Day Investment Blueprint delivers 30+ direct responses off-market funnels to take over markets across America. The Blueprint has produced thousands of homes in 138+markets for hedge fund level companies. He sold a multi-million dollar real estate investment automation company that is still used today by some of the country's largest real estate education companies.
In this episode, Jason shares how any of his 34 off-market lead generation strategies get you faster to the best deals than everybody else, even against big competitors. Whether you have a big or small market size, his techniques work for both. And they also work well, even those with low budgets, part-time and newer investors.
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 multiple off-market lead generation strategies that will help you beat everybody else to the good deals
Discover one off-market lead generation tactic to close the best deals
Find out how you can compete with the biggest competitors in town even with low budget
Resources:
Website: https://www.2dayblueprint.com
Topics Covered:
01:13 - How his job paved the way for real estate investing
02:16 - Talking about his 2-day off-market blueprint strategy
03:03 - Off-market deals generation strategies
05:10 - Sharing one of his multiple lead generation techniques
10:45 - Low-budget off-market tactics that work for newbie and part-time investors
14:50 - What market size do these marketing approaches work for?
Key takeaways:
"What I found was that the harder I worked at finding different ways to get in front of sellers that had some level of motivation that was outside the norm, the bigger the equity on a property that we kept for cash flow, or the bigger the spread when we became a solution for a homeowner." - Jason Palliser
"18 of the 34 techniques we teach you are free, meaning we just need to teach you how we execute it. And it produces people raising their hand; you write a contract, close the deal, it doesn't impact your bank account." - Jason Palliser
"I would tell you that if you take just three or four or five of the things that we teach you, you can hit every income and acquisition benchmark you want. You don't need all 30 things; you cherry-pick and pick the ones you want." - Jason Palliser
"These techniques aren't human; they don't care about market size, saturation, no saturation, demographics. The techniques get the people, no matter if the city is big or small, that need help to raise their hands. You could deploy it anywhere." - Jason Palliser
Connect with Jason Palliser:
Website: https://www.2dayblueprint.com
Email: jason@goseejason.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
 

Over the past 20 years, Darcy Marler has owned over 90 properties with 240' doors', worth over $44 million. At that time, he has actively invested in land development, new construction, condo conversions, long-term rentals, BRRRR, land parceling, and fix-and-flips. Darcy is also the author of 4 books on Real Estate Investing and an online course on Land Development.
In this episode, Darcy shares how with land development, you can have multiple micro strategies within it, make better refinancing deals, and cash flow better, giving opportunities for smaller investors.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn from today's episode:
Find out the multiple micro strategies you can dabble in within the land development space
Learn how to cash flow better with this investment strategy
Discover more favorable refinancing deals with land development
Resources:
Check out an online course for residential land development as a profitable investment https://www.hrrealestatementors.com/
Topics Covered:
01:00 - What makes him consider land development
03:12 - Multiple micro strategies within land development
05:04 - Various land development he dealt with
07:57 - What he meant with the analogy of getting into the lake up to your ankle
09:46 - Other lucrative opportunities with land development
12:24 - Success stories of land development deals
15:56 - Getting better refinancing deals with this micro strategy
16:35 - An online course for real estate land development for residential land development as a profitable investment
Key Takeaways:
"There are all these kinds of little micro strategies within the grand envelope of land development that I think many investors aren't aware that's actually possible. And they can actually do it on various timetables and various pocketbook sizes." - Darcy Marler
"If some of you are having trouble finding things to rent properties, there might be a way to actually cash flow better because we're severing this excess land and putting that against the mortgage solution strategy." - Darcy Marler
Connect with Darcy Marler:
Website: https://www.hrrealestatementors.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
 

Derek Clifford is a successful single and multifamily real estate investor, adding 13 out-of-state units to his portfolio in his first year of acquisitions while working a full-time job. Today he is a multifamily investor controlling 200+ apartment units with over $20M AUM.
Sophie Lorn-Clifford is a licensed and practicing integrative medicine doctor with a virtual telehealth practice called LiveWhole Wellness. With her brain rooted in science and her heart and spirit in nature, she loves to help people figure out what obstacles prevent them from achieving their greatest health. She has lived in Buddhist monasteries and practiced meditation and martial arts since she was 14 and secretly wants to be a ninja.
In this episode, Clifford and Sophie share how to become a power couple in real estate, working together despite their differences. They also share tips on how they’ve managed to work as a team, still be their own person, and reach their goal of having freedom in time, location, and financial matters.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you will learn from this episode:
Learn about the three dynamics that you need to keep in check all the time as a couple so you commit to your goals as business partners
Find out how to have an effective conversation between spouses that helps change perspectives and helps achieve the lifestyle you want
Discover how to create a vision together as a couple and team, so you start working with and not against each other
Resources:
Website: https://elevateequity.org/
Topics Covered:
02:08 - How they got to work in real estate as a couple
04:17 - A good foundation of their relationship as a married couple and business partners
07:23 - Make sure you’re on the same page with your spouse when it comes to real estate: what that looks like for them
11:35 - The importance of using the ‘We type’ of conversation
12:05 - How the ‘We type’ conversation impacted their lives
13:59 - Achieving the ‘We type’ conversation
15:20 - The so-called ‘magic bullet’ in their dynamic as a couple
17:37 - How being able to hold emotions and express things calmly helps hugely in keeping the relationship
Key Takeaways:
“Vision, the importance of where you want to be as a couple in the future, that helps drive a lot of the decision and activity-making. And it also helps you discover, again, with those three-person dynamics: you, your spouse, and togetherness, figure out what the future of that is.” - Derek Clifford
“For every ‘I’, there should be 99 ‘We’ in a discussion.” - Derek Clifford
“I would say that once you make this realization that you want to create a shared vision with your spouse, what I would do is I would start listening first, ask a question, and just listen to hear what it is that drives them.” - Derek Clifford
“Take a minute to pause and allow emotions to kind of settle.” - Sophie Clifford
“Just re-emphasizing and reassuring each other that we are a team.” - Sophie Clifford
Connect with Sophie and Derek Clifford:
Website: https://elevateequity.org/
Email [Derek]: derek@elevateequity.org
Email [Sophie]: Sophie@elevateequity.org
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
 

Sam Wilson is an active investor in self-storage, parking, retail, multifamily apartments, RV parks, and single-family homes. He hosts the "How to Scale Commercial Real Estate Podcast", where he interviews real estate experts to give listeners the tips, tools, and tricks to scale their investment portfolio.
In this episode, Sam shares how going after every shiny object gets you distracted and lets you keep spinning the wheels and not making any progress. Focusing on one thing and strategically doing things get you success. And he advocates that for growth to happen, you need to get comfortable with getting uncomfortable.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you will learn from this episode:
Uncover the mindset that will get you to narrow your focus and be successful at it
Discover the wisdom behind 'getting uncomfortable' in achieving growth
Learn how to go deep, not just wide
Resources:
Get your FREE checklist on How to Vet a Deal in 10 Minutes. Click here: https://brickeninvestmentgroup.com/checklist/
Topics Covered:
01:09 - How his childhood experience got him started in real estate
04:25 - Why saying no is the way to go
06:35 - Going deep instead of wide
08:06 - What brought him to streamline his real estate business
10:37 - Sharing lessons learned in getting uncomfortable
13:19 - What he recommends for someone to get 'uncomfortable' with
15:43 - Resources you can make use to scale your commercial real estate 
Key Takeaways:
"For me going no, no, no, no, no until the one yes makes a whole heck of a lot of sense. I mean, we've streamlined down. There are two asset classes, I work in self-storage and multifamily right now, and that's it." - Sam Wilson
"If you're going to scale, if you're going to do anything meaningful, and grow it, it needs to be like the whole idea of sunlight versus a laser." - Sam Wilson
"I think for me slowing down to speed up, saying no, is more valuable than saying yes." - Sam Wilson
"Growth only happens with discomfort, as the best things in life; if you want a six-pack, you're going to have to work out." - Sam Wilson
"If you want to progress beyond, whatever ceiling you've hit, get uncomfortable." - Sam Wilson
"Find one thing that you want to become or one goal or one something. You go, 'Gosh, I'd love to…' Find out what fills in at the end of that sense." - Sam Wilson
Connect with Sam Wilson:
Website: https://brickeninvestmentgroup.com/
Podcast: https://brickeninvestmentgroup.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
 

Sharon Restrepo is a best-selling Author, National Speaker, Educator, Real Estate Investor, and Brokerage Owner, caters to investors worldwide. Sharon has been investing, teaching, and sharing her unique knowledge with others for over 25 years. She believes success comes from sharing incredible value with her students and clients, focusing on their success first. Her motivating story of overcoming the loss of her first husband at such a young age is not only inspiring but proves that even those facing tough obstacles can reach their goals with determination and the right influence.
In this episode, Sharon shares how wholesaling saved her life after she lost her husband and allowed her to know the ins and outs of real estate investing, giving her the lifestyle freedom she wants. She also talks about the strategy she uses to close deals and earn well.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you will learn from this episode:
Find out what makes this investing strategy a lucrative way to start, even for newbie investors
Learn how to know and find out everything there is about this investment strategy, get paid well but have limited risk
Discover strategies on how to get deals that work now as they did years ago
Resources:
Get a copy of Sharon's book: Exposing the Truth Behind the Lies of Real Estate Investing. Click here https://www.sharonexposesthetruth.com/
Topics Covered:
00:52 - What made her go on the path of real estate
01:57 - How she dove headfirst into real estate investing
04:58 - Identifying wholesaling as her favorite strategy
06:04 - Perfecting a system over the years and leveraging it
08:25 - What she did years ago that still works now
11:14 - Doing things to stand out from the competition
13:16 - Going after the solution rather than the deal itself
14:29 - Advantage of positioning yourself the right way
17:18 - Get a copy of her book: Exposing the Truth Behind the Lies of Real Estate Investing.
Key Takeaways:
"You might wait four months before you get paid. But your wholesale deals are happening in 30 days or less. And so, you've got everything kind of moving and growing in your pipeline, and you're constantly getting paid." - Sharon Restrepo
"For the brand new investor, I just think it's a great strategy because it's really, I don't know how much more you can make money as a real estate investor and reduce the risk and learn everything you need to learn about the business with that limited risk, and then making money in 30 days or less on these deals." - Sharon Restrepo
"I've always believed in doing what your competition doesn't do. So, whatever the majority of them do is probably the thing to stay away from, because you're going to spend a lot of money per lead, because everybody's doing the easy thing." - Sharon Restrepo
"My big thing is, let's not chase the money or the deal, but let's chase the solution for the seller. And I think when we do that, well, then the fruit of that is getting paid." - Sharon Restrepo
Connect with Sharon Restrepo:
Website: https://www.sharonrestrepo.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

If you're thinking about doing development deals, then you've come to the right place. Have a listen to this week's podcast episode. Our guest explains how narrowing your niche will give you a competitive advantage and have people see you as an expert in your field.
Tyler Cauble started his commercial real estate career with a boutique development firm at the age of 21. Before the age of 25, he had sold over $12,000,000 in commercial real estate. In the commercial real estate industry, the average broker is 54 years old. As a millennial, Tyler became more and more frustrated with the industry's inflexibility, lack of innovation, and resistance to new technology. To give him the freedom to innovate and disrupt the industry, he went out on his own and created The Cauble Group.
In this episode, Tyler shares how tough it is to be managing development deals. He suggests how you can best start in the developmental real estate business other than just reading book resources and listening to podcasts. He also underscores the mistakes newcomer investors usually make so you avoid the high cost of committing them. It's also interesting to hear about ways to find qualified investors and marketing strategies and tactics to find new investors.
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 the mistakes newbie developers make, and how to avoid them
Learn why with development there are 'riches in niches'
Discover Tyler's way to invest and learn at the same time
Resources:
Are you interested in a whole bunch of resources that you need to get started in commercial real estate? Click here: tylercauble.com/dubeau
Topics Covered:
00:54 - How he found his niche in real estate
02:48 - The best way to get started in development deals
04:28 - What newbie investors normally do wrong
06:15 - Advantage of being specific with your market
09:06 - Finding new investors to raise capital from
10:22 - Using Instagram or YouTube to find new investors
12:02 - Creating video content for your social media platforms
13:16 - Looking for investors from social media without messing up with SEC
15:47 - Educating people to help with the 'know-like-trust' factor
Key Takeaways:
"There was not really anything major that would surprise me now on every development deal. There's always a surprise; something always comes up. But I learned how to deal with things like that. Like you said while getting paid to work for somebody else. That to me is huge for commercial real estate development and development in general." - Tyler Cauble
"Mistakes you'll see newbie investors make, they'll ask too much for rent, or they'll ask too little for rent, and you just don't properly negotiate your financing terms. I mean, those commercial loan documents are extensive; you can negotiate them. I highly recommend you get an attorney involved to help you with that." - Tyler Cauble
"One of the first things that we did helped us grow as fast as we did for the last three, almost four years; we've almost exclusively focused on East Nashville. So not just one market, we have focused on a submarket within that market, that allowed us to have more knowledge than anybody else." - Tyler Cauble
"Finding your blue ocean, niching down into your little neighborhood or whatever you want to do; that was super beneficial for us." - Tyler Cauble
Connect with Tyler Cauble:
Website: Commercial Real Estate in Nashville | The Cauble Group
Instagram: https://www.instagram.com/commercial_in_nashville/
LinkedIn: https://www.linkedin.com/in/tylercauble/
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
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