Property Profits Real Estate Podcast

Kirby Atwell graduated from West Point and served 11 years as an officer in the US Army. He landed on the vacation rental strategy after doing over 100 flips and lots of long-term rentals. And now, he has achieved financial freedom with his small vacation rental portfolio and loves helping others do the same!
In this episode, Kirby shares how he generates the same amount of cash flows by owning just a small number of short-term rental properties compared to 26 properties. Not to mention the less headache that comes with tenant issues.
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 an investment portfolio that earns high cash flow but doesn't have tenant issues to deal with
Learn how a fewer number of properties generates high cash flow
Discover how his investment portfolio performed well even amidst COVID
Resources/Links: 
Join a webinar to get to your financial freedom. Click here: https://www.livingoffrentals.com/course
Topics Covered: 
01:20 - Military man to real estate guy
02:50 - What he started out within his investment portfolio and what he transitioned into
05:25 - How he quickly replaced income transitioning from flipping to having rental properties
06:42 - What are voucher tenants
08:30 - The cash flow from his short-term rentals
10:11 - How his properties are doing despite COVID
12:28 - What for him is a good number of properties to have to replace a day job income
14:51 - Talking about a webinar that's coming up
Key Takeaways:
"I'm not in any better financial situation than I was when I started because we spent millions of dollars on marketing and personnel and office and project managers and all the stuff that comes with growing a flipping company, so I had no assets to show for it. And that's really when I transitioned into rentals and realized there are a lot better ways to build wealth in real estate." - Kirby Atwell
"Once I accumulated 26, there were a lot of issues that came, a lot of challenges around keeping the properties in great shape and the challenges that come with that causing somebody to become homeless. Even though the cash flowed well, it was very unreliable. And that's when I started looking at other options that still had high cash flow, and I could do that BRRRR, but strategy but didn't have all these issues. And that's when I transitioned into vacation rentals a few years ago." - Kirby Atwell
"It's a much more automated process [vacation rental properties]. The property stays in tip-top condition, they're cleaned a couple of times a week by our cleaners. So, it's just a model that's much better, in my opinion." - Kirby Atwell
Connect with Kirby Atwell:
Website: https://www.livingoffrentals.com/
Facebook: https://www.facebook.com/groups/LivingOffRentals
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 
Enjoyed the Podcast? 
Please subscribe on iTunes for updates

Chris Miles is the Anti-Financial Advisor. He teaches entrepreneurs and professionals how to get their money working for them TODAY! He's an author, podcast host of The Chris Miles Money Show, has been featured in US News, CNN Money, Entrepreneur on Fire, and has a proven reputation with his company, Money Ripples, getting his clients' fast financial results. In fact, in the last 11 years, his clients have increased their cash flow by over $250Million.
In this episode, Chris tells us what important matters your financial advisor is not telling you about when using money from your insurance policy. And he shares how you can actually use it to invest in real estate and earn more.
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 an investment strategy where you make your money earn twice at the same time
Find out a way to help you retire comfortably ten years from now
Learn and understand what infinite banking is and how to maximize your return using money from your insurance policy
Resources/Links: 
Website: http://www.moneyripples.com/
Topics Covered: 
01:39 - The reason he quit being a financial advisor
07:30 - What you want to know about infinite banking
09:51 - Understanding the whole life insurance policy and how you can use them to invest in real estate
11:17 - How you can borrow from your insurance policy to invest in real estate
15:14 - Helping people now with their finances but the non-traditional way
16:56 - Accomplishing to retire ten years from now or in your 50's
17:26 - Talking about the 4% rule
18:00 - What key thing mutual funds are missing and why real estate is still way better than all of the others
Key Takeaways:
"If you use life insurance to fund real estate, you'll add at least another 2,3,4 percent a year on top of your 10% return, versus using a savings account, use that, the money's gone because once you pull it out, it's gone. So it's a way actually to make money in two places at the same time. You kind of have your cake and eat it, too." - Chris Miles
"It's all about cash flow. That's the big key thing that mutual funds are missing because it's always about how do I not run out of money? But when you're investing for cash flow, that's the thing that blew my mind after I quit being a financial advisor because then everything became hopeful." - Chris Miles
"If you save, it might take you 10 years, just saving. But if we start buying real estate along the way, and that gives you other things, tax benefits, they're even like appreciation potential plus the cash on cash returns, you'll probably do that within about seven years." - Chris Miles
Connect with Chris Miles:
Website: http://www.moneyripples.com/
Facebook: https://www.facebook.com/moneyripples
LinkedIn: https://www.linkedin.com/in/chriscmiles/
Podcast: https://www.blogtalkradio.com/moneyripples
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 
Enjoyed the Podcast? 
Please subscribe on iTunes for updates

Tim and Lia Francisco are actively involved in the Silver Bow County, MT area real estate investing. Their mission is to provide quality houses for homebuyers at a reasonable price while at the same time providing an above-average return on investment (R.O.I) for their investor partners and themselves which is truly a win-win way of investing. They also offer their investor partners hands-free investment opportunities. 
 
In this episode, Tim and Lia share how they got started by house hacking and never looked back since then and are now into wholesaling and flipping where they get profits faster and invest in markets that give them better opportunities.
 
What you'll learn in just 17 minutes from today's episode:
 
Find an investment portfolio that lets you get quick profits and get money back to reinvest in other properties
Learn about this strategy where you free yourself from the hassles of property management and landlord issues
Discover the markets that offer bigger opportunities for this particular investment strategy
 
Resources:
 
Website: https://tlfranciscoproperties.com/
 
Summary: 
 
Topics Covered:
 
01:10 - What got them convinced about real estate investing and how they got started
02:43 - Deals they've done after house hacking the first time
04:20 - The advantage of having a wife for a realtor
05:06 - Main benefits of the fix and flip strategy
09:01 - The market deals with better opportunities
09:49 - Primary benefits of investing in the market they have chosen
11:48 - Their unique skills and talents that are a big help in their real estate business
13:51 - The biggest learnings from real estate investing
15:58 - Can everyone get involved in real estate?
 
Key Takeaways:
 
"We actually started by deciding to buy a duplex to live in for a first house. And we lived in one side and rented out the other. And we had a really great experience with it. Eventually, we moved out and rented out both sides and then eventually sold it for a profit." - Lia Francisco 
 
"We really love working with people. And we have a lot of years between us, experience with people. Tim is also a physical therapist, I'm a mental health therapist, and our whole careers have been based on relationships with our clients, and we really seek to build a rapport and build trust and help people, and I think that really helps in this business." - Lia Francisco
 
"We've had tons of training, Tim has taken so much real estate investment training, and I have had a mentor for real estate, and we've had coaches, and we just seek always to learn and always learn more and give a lot of options to the different people that we're working with." - Lia Francisco
 
"One of the main reasons is that we can get a quick profit from fix and flip, and you don't have to deal with the management, the hassles of managing the property and landlord issues that go along with it." - Tim Francisco
 
"As Christians, we really want to demonstrate God's love to these people [motivated sellers], and being able to offer them solutions to their problems is what we want to do for them. And I think that is an unfair advantage for us to help people." - Tim Francisco
 
"I don't think everyone will do it. But I think that if you have money, you can still invest in real estate and don't have to do the work. You can partner with investors like us that do the work, and you can still invest in real estate." - Tim Francisco
 
Connect with Tim and Lia Francisco:
 
Website: https://tlfranciscoproperties.com/
Email: info@tlfranciscoproperties.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

Bob Lachance is a nationally recognized speaker, mentor, and trainer who specializes in helping customers build their businesses through automation and outsourcing. Bob currently owns four businesses and helped start one of the nation's largest real estate coaching programs. A Bristol, CT native, Bob played ice hockey and went on to play at Boston University, playing a vital role in their 1995 National Championship. With only two classes left to graduate in his senior spring, he dropped out of school and signed a professional contract with the St Louis Blues Organization. Bob went on to play for eight years professionally, four years in the US and four years in Europe.
In this episode, Bob shares how virtual assistants can help drive in the business for you, pointing out tasks they do best and what you can offload to them. At the same time, he underscores why there is one thing that you never have to leave up to virtual assistants to do.
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 how virtual assistants can help you take back your time and focus on more important aspects of your business
Learn about the tasks that you can delegate to virtual assistants and get things done faster and better in your business
Discover the system to set up from where virtual assistants could build up buyers' lists
Resources/Links: 
Website: https://revaglobal.com/
Topics Covered: 
00:46 - Why he jumps from NHL to real estate
01:44 - The first deal he got into when he first started
03:48 - How the idea about virtual assistants came to be, and when did he start hiring virtual assistants
05:07 - Where virtual assistants were of most help when he began utilizing them
06:28 - Tasks VAs focus on when working for wholesalers
08:25 - Systems and training that are in place to build buyers' lists
09:21 - How does it look like working with virtual assistants
10:27 - Jobs you don't want to leave up to virtual assistants
12:27 - How his company helps with client-VA expectations and clear communication
14:50 - The scope of what a VA can do cold calling in a day and how much of it translates into appointments and finally into deals
Key Takeaways:
"In our businesses, if we're doing a $10 an hour task, that typically means we have $10 in our bank account. I started really peeling back the layers of my business and saw where all of my time was spent. That's when I started out offloading those types of tasks." - Bob Lachance
"I always say if you hire a bookkeeper to make cold calls, it's going to fail miserably. Make sure you know the makeup of the individual that you hire to bring on your team, whether it's a virtual assistant in the Philippines, whether it's someone in your own hometown that's going to be doing work for you." - Bob Lachance
"Do yourself a favor and use a virtual assistant to drive in business for you. But it's our job, your job, my job to lock up those deals and turn those into money." - Bob Lachance
"We actually help with that [clear communication]. We have a client service manager overseeing the VA and client relationships. So they help create a success map right up front." - Bob Lachance
Connect with Bob Lachance:
Website: https://revaglobal.com/
LinkedIn: https://www.linkedin.com/in/boblachance/
Facebook: https://www.facebook.com/robert.lachance.10
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 
Enjoyed the Podcast? 
Please subscribe on iTunes for updates

Chris Larsen is the founder and Managing Partner of Next-Level Income, through which he helps investors become financially independent through education and investment opportunities. Chris has been investing in and managing real estate for over 20 years. While completing his degree in Biomechanical Engineering and M.B.A. in Finance at Virginia Tech, he bought his first single-family rental at age 21. During his subsequent career in the medical device industry, Chris expanded into development, private-lending, buying distressed debt as well as commercial offices, and ultimately syndicating multifamily properties.
In this episode, Chris shares the driving force that got him into real estate. He relates how he started with single-family rentals for many years and eventually moved up to syndication of multifamily properties. He talks about what got him into that strategy and finding deals, raising funds, and property management.
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 to get dialed into your why do you find meaning in what you do
Find out an investment strategy that has less risk but does well revenue-wise
Discover how this investment portfolio makes so much sense from the demographic perspective as well as from the scale aspect
Resources/Links: 
Get Chris' book for FREE, 'Next-Level Income: How to Make, Keep, and Grow Your Money Using the "Holy Grail of Real Estate" to Achieve Financial independence'. Download here: https://www.nextlevelincome.com/book
Topics Covered: 
01:02 - His professional background before real estate
01:52 - The two most valuable reasons that drive him to focus on real estate
05:55 - Where the influence of having an entrepreneurial mindset came from
10:02 - How to go about syndication
12:51 - What does it look like for him in terms of finding deals, looking for capital partners, and property management
14:13 - How his portfolio looks like now compared to years ago
14:54 - Venturing into larger apartment buildings these days
16:29 - Chris' inspiring words
Key Takeaways:
"If I can get on a track where I can be financially independent, I can really live my best life and do that. So I set this plan in place to be an investor. I bought my first property at age 21. More than two decades ago, I transitioned that portfolio into multifamily real estate commercial which is what we focus on today." - Chris Larsen
"Why we found Next Level Income was to teach people shortcuts to become financially independent. That's the reason why we now syndicate deals, because, obviously, it's a way for us to buy bigger deals and have less risk and do well as general partners." - Chris Larsen
Connect with Chris Larsen:
Website: https://www.nextlevelincome.com/
LinkedIn: https://www.linkedin.com/in/nextlevelincome/
Facebook: https://www.facebook.com/nextlevelincomeshow
Instagram: https://www.instagram.com/thenextlevelincomeshow/
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 
Enjoyed the Podcast? 
Please subscribe on iTunes for updates

Austin Hair is a business development manager with Leaders Real Estate. He is an experienced investor and a previous small business owner. He brings his background in networking, marketing, and relationship-building from other industries to the world of commercial real estate development. His primary responsibilities include finding clients and raising capital.
In this episode, Austin shares how he and his investors tap into the healthcare professionals market by buying the real estate asset and their clients buying the practice. They act as landlords in the process. He also talks about how they build relationships and find dream clients that increase a property's value. He also shares an effective marketing tool that helps in finding client tenants to work with. 
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 how to leverage technology to find perfect locations for your tenants’/clients' business
Learn how to find accredited tenants with a low-risk level but who add value to the property
Discover how to make a force appreciation on a real estate asset without doing anything to it
Resources/Links: 
Website: https://leadersre.com
Topics Covered: 
00:56 - How he tapped healthcare professionals to invest in real estate
04:27 - Location is everything
05:36 - Buying real estate on behalf of healthcare professionals
07:01 - How to increase a property's value as landlords
09:54 - What made him switch from the fitness industry to real estate
11:56 - Still doing brokerage but leaning more toward property development
12:43 - Finding accredited tenants
13:13 - Building relationships and not just being transactional
14:19 - Doing business all over many places, not just in one location
14:38 - Using local partners over local brokers to manage properties
16:50 - Making use of podcasting as a marketing strategy
Key Takeaways:
"What happens is, if a dental group wants to acquire an individual practice, the practice might be owned, like both the practice and the real estate might be owned by the doctor. You might want to sell that real estate as part of the transaction. And the group physically can't buy it right there. We'll come in and buy the real estate on their behalf or help them facilitate that transaction as well." Austin Hair
"We want the podcast to be mutually beneficial. And so we also will use it as a way to build relationships and network with other people. And so what that means is, if there's a client, somebody who we think would be an ideal client for us, we would invite them to come onto the show and figure out ways where they're also going to be benefiting from doing an interview." - Austin Hair
"What we do is we buy from the individual dentist the value based on him leasing it, and then we get the lease sign from the organization in order to increase the life of that building. And so significant money can be made on the upside. And that's where investors can be taken as well." - Austin Hair
Connect with Austin Hair:
Podcast: https://podcasts.apple.com/us/podcast/real-estate-secrets-for-healthcare-practices
Website: https://leadersre.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 
Enjoyed the Podcast? 
Please subscribe on iTunes for updates

Aaron Fragnito has been helping people invest in Real Estate for over ten years. He is a Co-Founder of Peoples Capital Group (PCG), a real estate investment and holding company and a full-time real estate investor, as well as the host of the New Jersey Real Estate Network and host of the Passive Cash Flow Podcast.
In this episode, Aaron shares how your financial planner may tell you that you can't self-direct your IRA when the truth is, you can, provided it is within the rules of using it. He talks about the process of pulling out your IRA funds to invest in real estate, so you earn more than any other investment vehicle out there.
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 one thing that your financial planners may not be telling you about self-directing your IRA for purposes within the rules surrounding it
Learn about the process of investing your IRA in real estate the right way
Find out how much you earn more investing your IRA funds in real estate than in any other investment portfolio
Resources/Links: 
How to self-direct your IRA, click here: https://www.peoplescapitalgroup.com/webinar-self-direct-ira
Topics Covered: 
01:46 - What your financial planners may tell you
02:57 - How is the capital raiser benefitted by people having IRAs
05:48 - An untapped market in people with IRAs
06:55 - People with IRAs not as concerned with receiving monthly cash flow payments
08:09 - Explaining the concept of IRA to potential investors
09:48 - The process of working with a licensed IRA custodian
13:57 - A win-win deal for both the deal maker and investors with IRA
14:29 - What is this IRA LLC account, what to do about it, and how it can help you
Key Takeaways:
"You can self-direct your IRA; there are limitations to what you can invest in, and there's a process to doing it the right way. But if you do it the right way, and work with a licensed IRA custodian who's going to guide you in the process, it's really quite simple, and really pretty affordable." - Aaron Fragnito
"The idea is to see a tangible effect with your IRA diversified into something that's going to produce a consistent income and be backed by solid assets. Real estate is a tried and true asset for that." - Aaron Fragnito
Connect with Aaron Fragnito:
Website: https://www.peoplescapitalgroup.com/
Facebook: http://www.facebook.com/peoplescapitalgroupnj
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 
Enjoyed the Podcast? 
Please subscribe on iTunes for updates

Michael Steven is a Bestselling Author, Entrepreneur, and Investor. A leading authority figure in the world of business, money, finance, and real estate investing. With over 30 years of experience, he teaches people how to get out of debt and stay out of debt, PLUShe teaches them how to become financially free in the real estate world and withall this said, he shows them how to do it with little or no money at all.
In this episode, Michael shares it's never too late to start investing in real estate. He suggests reading a book and doing what you learn. He also shares what makes real estate investing stand out from all other investments.
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 why real estate investing of all other investment vehicles
Learn how being an author impacts you both professionally and personally
Discover his tips on what deals to focus on when just starting and things you can do to become even more successful
Resources/Links: 
Buy Michael's books. Click here: https://vagpublishing.com/
Topics Covered: 
00:55 - What made him dive into real estate investing and eventually into writing books
02:32 - Why real estate investing and not any other investment vehicles
04:19 - Real estate deals new investors can delve into and the best things you can do to be successful
06:29 - How his clients got him started writing books
07:05 - A 14-year old reading his book
09:38 - How writing books helped him professionally
10:22 - Never too late to get started
11:05 - Where you can buy Michael's books
11:56 - Check out his new book: Rental Property Strategies
Key Takeaways:
"90% of millionaires in this world have made money through real estate, doesn't matter what you've touched, real estate has always worked and always will work." - Michael Steven
"Surround yourself with professionals. Don't listen to people that aren't on the same level as you. Listen to the experts, people that are up there and have nothing to lose and are less jealous because people at your level don't want to see you doing better than them." - Michael Steven
"In my professional career, [writing a book] just gives you credibility. But, the purpose of this is not to get flowers thrown at it. I want people to educate themselves. I want them to get their hands on this and really start their real estate empire." - Michael Steven
"It is never too late. Because if that property brings you 1500 a month you're gonna end up buying a few of them, you're gonna build your passive income fast enough." - Michael Steven
Connect with Michael Steven:
Website: https://vagpublishing.com
Facebook: https://www.facebook.com/groups/438958360648668
Twitter: https://twitter.com/publishing_v
Instagram: https://www.instagram.com/vagpublishing
Amazon Author Page: https://www.amazon.com/~/e/B08F814H22
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 
Enjoyed the Podcast? 
Please subscribe on iTunes for updates

Kent Ritter is a former management consultant, start-up owner, and corporate executive turned full-time real estate investor and operator. Kent has years of experience leading Private Select Portfolio. He is the host of the Ritter on Real Estate podcast and Youtube channel, where he provides impactful interviews and practical tips for investors. Kent has achieved financial freedom, and now he is on a mission to empower others to do the same through multifamily investing.
In this episode, Kent shares a win-win investment strategy for renters and investors with rents that are a little below the market but still allow investors to operate profitably. He talks about the technology he puts in place that makes it a game-changer for multifamily properties and increases property management efficiency. 
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 one investment strategy that allows you to impact society and enhance communities while earning profits
Discover how you can do things smartly and earn profitably without having to increase rents significantly
Learn how to find other revenue streams where renters are financially unburdened, and investors earn well
Resources/Links: 
Website: https://www.kentritter.com/
Topics Covered: 
01:43 - What for him is social impact investing
05:36 - One property he recently did renovations on and still have former renters occupy it
07:19 - What repairs and improvements were made, and how renovations went while some renters never get out of their spaces
09:14 - A win-win strategy for both renters and investors
10:30 - Increasing the value of the property by incorporating other income streams with it
11:56 - What he considers a backbone for everything they do and all things adding value to the property when it comes to technology
14:22 - A self-guided tour option
16:37 - How he put up the technology system in place
17:21 - The making of the self-guided tour and who made the script
18:22 - How do these technology-related amenities affect an agent's job
Key Takeaways: 
Key Takeaways:
"If you do things in the right way, and you do things smartly, you can add value without having to bump rents significantly." - Kent Ritter
"I really believe in trying to add value through amenities, or revenue-generating amenities, and doing that in as many ways as we can." - Kent Ritter
"One of the things that I think has just been a game-changer for the multifamily industry is the ability to have a contactless leasing process." - Kent Ritter
"The more that we can leverage technology to take away the mundane, everyday low complexity tasks, the more that we can focus on our highest and best use. And you can focus on really creating deep relationships." - Kent Ritter
Connect with Kent Ritter:
Website: https://www.kentritter.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 
Enjoyed the Podcast? 
Please subscribe on iTunes for updates

Atticus LeBlanc is the founder and CEO of PadSplit, a mission-driven company that helps solve the affordable housing crisis, one room at a time. Through its innovative shared-housing model, PadSplit aligns incentives between cities, nonprofits, and property owners to spur cost-effective housing creation without public subsidy while providing safe and affordable housing for working-class individuals. Before founding PadSplit, Atticus served as an affordable housing developer.
In this episode, Atticus shares how he provides affordable housing to working-class people with the model that he started while making profits himself.
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 how you can earn more through this model rather than renting out the whole house
Learn about the three big points overview of this model that makes it a good investment strategy
Discover a smart way to receive rent payments that is both beneficial to landlords and tenants
Resources/Links: 
Website: https://www.padsplit.com/
Topics Covered: 
00:49 - What is a PadSplit and how this concept came to be
02:53 - Similarities and differences from Airbnb
04:24 - A misconception about pad split model that he dispels
06:28 - Three main points of view where you fill a need for this type of model
08:34 - What are the two minimum requirement if you want to be a landlord for a PadSplit
09:23 - How a landlord can optimize his property
10:23 - What size of the house is ideal for making the most of this model
11:32 - How do tenants benefit from this setup
13:30 - Plans of market expansion that includes Canada
14:07 - Why does he call the renters members and not tenants
16:07 - The reason for billing weekly
18:33 - Will this model work for single tenants, a couple, or single parent
20:01 - How are they paid weekly other than by credit cards and checks
Key Takeaways: 
"I would actually earn more through this model than I would by renting the whole house traditionally. So that was the beginning of the concept. And it's evolved pretty considerably since then. And now it exists as a technology company so that any similar property investor or owner in the same position that I was in 2008, and 2009, has the ability to use our services to ultimately scale this business model in the markets that they're in."- Atticus LeBlanc
"Almost everyone's paying electronically. We have a couple of partnerships with local nonprofit organizations or agencies. But overwhelmingly, people are using prepaid debit cards. And so, even if they don't have bank accounts per se, they almost always have access to prepaid debit cards. And that's how we're getting those payments." - Atticus LeBlanc "The reason why I'm just such a strong believer in the per payday or weekly billing model, you take this group of folks, that would usually be considered a subprime credit group, I mean, our credit scores on the way in is around 461 income is around 20 grand. Well, our collections rates effectively are 95%. And that shocks a lot of people, and I attribute most of that too, one, we're verifying income, but on the way in, so we know that this person has a job, and two, just the fact that it's an all-inclusive, weekly bill, it's easy to remember." - Atticus LeBlanc
Connect with Atticus LeBlanc:
Website: https://www.padsplit.com/
Twitter: https://twitter.com/atticusleblanc?lang=en
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 
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