Property Profits Real Estate Podcast

Finding a solution to any dire situation? Real estate has a way of making money out of others' inefficiencies.
Think of it as a win-win for investors and defaulting parties. You provide the lifeline for them while you earn helping them.
How does that play out? Let's listen to this episode and learn a ton of insights.
Bill Bymel is the founder of RSI Asset Management, a Florida-based advisor to private equity funds investing in real assets. He is also a certified property management executive and Managing Director at Spurs Capital, an investment manager that specializes in distressed investments. His talents are widely acknowledged in the industry.
In this episode, Bill shares how real estate makes his life exciting, making a lot of money from helping people in distressed situations.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you will learn from this episode for 18 minutes:
Discover how to make money from performing and non-performing loans
Find out how this loan restructuring becomes a win-win strategy both for the investor and defaulting borrower
Learn how this investment strategy works well not just for large but average investors as well
Resources:
Get a copy of Billy Bymel's book, 'Win-Win Revolution': Click here https://billbymel.com/#book
Topics Covered:
01:18 - Describing the business he revolves around
02:03 - Performing notes versus non-performing notes and how you earn from them
03:35 - How is it a 'predatory' at the same time a 'good guy' kind of business
06:00 - Looking at how buying non-performing notes operate and what percentage do they collect and foreclose on
09:19 - Bill's win-win strategy for his business and the defaulting borrower
13:56 - What that looks like reselling the original non-performing notes to another investor
15:12 - Seeing an opportunity for average investors to be involved in buying performing and non-performing notes
Key Takeaways:
"One of the things that set us apart from the very beginning was when other lenders were calling, collecting payments, we were calling asking borrowers, 'How would you like to see this resolved?' And it became a paradigm for helping people create win-win strategies to resolve this." - Bill Bymel
"Being in the position that I'm at dealing with people in a distressed situation and providing a lifeline to that is one of the most rewarding ways to live a life and make a lot of money." - Bill Bymel
"When I look at the history of my last ten years, and having done this to the tune of close to a billion dollars of invested dollars in the space, the best returns are keeping people in their home: buying something, getting a payment going, and then re-performing it." - Bill Bymel
Connect with Bill Bymel:
Website: https://billbymel.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

Imagine working full time, being a mom to two kids, and doing a five-day-per-week podcast…
That sounds like a lot of work, but our guest today is the living epitome that juggling all that is definitely doable!
I’ve been podcasting since 2018, but I’ve never really thought of producing episodes every single day. Join us today as we learn why she decided on such a frequency for her podcast and how she uses that as a platform to connect with people.
Aileen Prak is the co-founder of Bonavest Capital, where she helps people generate passive income through real estate syndications. She is on the oath to creating time freedom for her family and two young children and believes real estate is the best vehicle that can help her and others achieve this dream.
Aileen received her MBA from Northeastern University and has over 10 years of experience in the Aerospace industry as the finance lead on several multi-million-dollar projects.
She is also the host of the 5-day-per-week real estate podcast, “How Did They Do It? Real Estate”, where she interviews top experts in the Real Estate Industry with a focus on personal growth and real estate investing.
In this episode, Aileen shares how she’s able to do a five-day-per-week podcast along with working fulltime and being a mom of two. She also discusses how podcasting is a great platform to establish your network, eventually turning your listeners to potential clients/investors.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 21 minutes from today's episode:
Find out how you can use podcast as a platform to establish your network;
Understand the philosophy behind doing a daily podcast despite all the work it requires; and
Discover how asking the right questions help your audience see you as an expert, not just the guests you bring on to the show
Resources/Links:
Check out Aileen’s podcasts:
How Did They Do It? Real Estate podcast: https://bonavestcapital.com/podcast/
High Income Earners F.I.R.E podcast: https://www.hiefire.com/
Topics Covered:
01:08 – When did Aileen first decide to start her own podcast, and why?
03:11 – Then and Now: Doing a seven-day podcast then changing it to one that goes live five days in a week
04:53 – Answering Dave’s questions about the “How Did They Do It? Real Estate” podcast
06:07 – How Aileen manages to do a five-day-per-week podcast along with her already busy life
07:54 – The philosophy behind the frequency of the podcast
09:13 – The time it takes to reach one’s goals through podcasting
11:53 – How to make your audience see you as an expert as well and not just your guests so you can transition your listeners to potential investors
16:40 – How they’re able to have guests on board, enough to have content for weeks
18:59 – The second podcast: High Income Earners F.I.R.E podcast
20:39 – Connect with Aileen Prak
Key Takeaways:
“With the podcast, you’re able to create a thought leadership platform. And so, when people come to listen to you, they’re able to not just see you as a thought leader in the space, as a person to provide resources, bringing on other people and sharing their knowledge as well; it’s also about establishing a relationship with the listeners way beforehand. For us, by getting in front of our audience five days a week, we’re just making and establishing that much more connections with them than if we were to do it weekly or bi-weekly.” – Aileen Prak
“You want to be with people that you know, like, and trust; and the podcast, especially, is a fantastic way to establish and solidify that relationship.” – Aileen Prak
“What we’ve been finding out is that people who are actually financially independent don't necessarily retire. They just get to choose what they want to do, and a lot of them continue to choose to work and do the things they love.” – Aileen Prak
Connect with Aileen Prak:
Email: aileen@bonavestcapital.com
Website: bonavestcapital.com
Instagram: https://www.instagram.com/howdidtheydoit.realestate/
LinkedIn: https://www.linkedin.com/in/aileen-prak-539659140/
Podcast: https://bonavestcapital.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
 

With real estate, you can create a significant amount of wealth. Besides, you don't need a degree to be in it, it's not even a question of whether you're young or old. It's just for everyone from all walks of life.
But how do you do it? How are some able to become successful at it in so short a time?
This episode is highly recommended and should not be missed, for my colleague and good friend July generously reveals how you can grow your net worth, increase your property's value at a faster rate than you might think possible.  Funding projects is one of her specialties, as she is all about investor relations. The failure to lend your ear to her is a missed opportunity.
July Ono is the author of "The 7 Profit Centers in Real Estate", and a co-founder of OTBEC Capital Management Inc with over 17 years of real estate investment and management experience. She is excited about every aspect of it.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you will learn from this episode for 19 minutes:
Learn how to leverage someone else's money to finance a property.
Hear of real estate's seven profit centers and understand how you buy more with less money.
Discover how you can accelerate your net worth in less than two years’ time.
Resources:
Get the eBook FREE, The 7 Profit Centers in Real Estate: http://julyono.com/
Topics Covered:
01:59 - What made July pick real estate as a ticket to financial independence
02:36 - Taking a look at her life before real estate
04:28 - The first of the seven profit centers one should be focusing on
06:26 - Creating equity upfront for smaller deals
08:02 - Buying more but with less money [The second important profit center]
09:18 - Why cashflow is king [the third profit center]
11:06 - What a good cash flow looks like for a smaller deal of a property
11:45 - Talking about the fourth profit center [understanding the principal pay down concept]
14:01 - How she shortened a ten-year goal into eighteen months
15:14 - What is the use of 'tax benefits' [talking about the fifth profit center]
17:20 - Discussing the sixth profit center [and what to be cautious about it]
20:33 - The last of the profit center and the best thing you can do about it
Key Takeaways:
"We chose real estate, my husband and I, because it is accessible to everybody. There are no restrictions; you don't have to have a special degree. You can be an immigrant and not understand English. Real estate is available to everyone, young and old." - July Ono
"I do the little things every single day. And little things incrementally add up. I didn't think I was going to be a millionaire in a year and a half."- July Ono
"Some people get emotionally entangled with the investor candy, I call it, they're looking at all the wrong things. You have to look at the numbers. They're brutal. And if it doesn't work, you have to have the discipline to walk away. And if you can't walk away on your own, you surround yourself with a team who can walk away."- July Ono
"Just imagine you're putting, let's say 25% down to buy an asset, but your return is based on the 100% value of the building. So, your money is already increasing its leverage four times."- July Ono
"I love looking at my annual mortgage statements because that's when I update my net worth. It's getting less and my equity's getting more."- July Ono
"The tax benefits, that's why it's great because all of a sudden if you're borrowing money for the investment off your line of credit, for instance, that line of credit payment, you can deduct it as a cost of doing business."- July Ono
"Buy passive income with your equity. That's the highest and the best thing you can do with your capital. Capital is scarce. It's rare; it's precious. And so, when you have it, you hang on to it by investing it so that it makes more."- July Ono
Connect with July Ono:
Website: http://julyono.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
 

What is the foundation we need to set before we start raising capital and encourage people to invest with us and our deals?
Unfortunately, very few people have a clear idea on how much money they’re actually making, spending, and putting into debt. In addition to that, we also have limiting beliefs around money since our early age. These lead to us, seeing money from a negative perspective. But with today’s guest, we’ll understand why we should first get our own financial house in order before having people invest with us.
George Grombacher is the Founder and Chief Community Officer of Money Alignment Academy, and the host of the LifeBlood podcast. He's working to help people get better at money so they can live how they want.
In this episode, George explains how we can turn our negative thoughts around money to positive ones as he lets us know why first having our finances in order could be the best move we could make towards financial prosperity.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 13 minutes from today's episode:
What the biggest limiting beliefs people have around money are
How to turn our negative thoughts around money to something that is positive
How financial difficulty during early age could affect how people deal with their financial matters later on in life
Resources/Links:
Money Alignment Academy: https://moneyalignmentacademy.com/
Money Alignment Academy’s FREE courses:
Goals Course: https://moneyalignmentacademy.thinkific.com/courses/goals-course
Get Out of Debt: https://moneyalignmentacademy.thinkific.com/courses/Get-Out-of-Debt-Hidden
LifeBlood podcast: https://moneyalignmentacademy.com/lifebloodpodcast/
Topics Covered:
00:56 – Discussion around the whole Money Alignment Academy philosophy
02:21 – Why you should first get your finances in order before encouraging other people to invest in you/your deals
03:58 – We have an operating system, but usually, a lot of that are limiting beliefs
06:19 – The biggest limiting beliefs people are having over and over again
08:34 – How to turn our negative thoughts around money to something that is positive
11:07 – Connect with George Grombacher
12:07 – What the LifeBlood podcast is all about
Key Takeaways:
“People need a lot more help than they’re getting.” – George Grombacher
“You’re never going to reach financial prosperity until you first reach financial security.” – George Grombacher
“Knowing your cashflow, keeping, maintaining, and keeping an eye on your budget – those are the least sexy things that we can do and talk about from a financial standpoint, but they’re so foundational and we just have to do it. If we want to get a little sexier, we can start talking about what our beliefs about money are, what our operating system really is, because that really goes to the foundational piece there.” – George Grombacher
“The more we can start to sort of dig in, pop the hood, and look around what’s going on, I think that that’s all for the better.” – George Grombacher
“Really examining and thinking about what your beliefs are, I think that could make things a lot easier.” – George Grombacher
Connect with George Grombacher:
Website: https://moneyalignmentacademy.com/
Podcast: https://moneyalignmentacademy.com/lifebloodpodcast/
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
 

Thinking of getting into short-term rentals and having a steady source of cash flow? How about starting an Airbnb real estate investing business?
Perhaps many questions cross your mind: where to find and buy properties, how to get started, and self-manage or outsource property management people, and how does that work?
All these and more are discussed in this episode. Listen in now!
Dan Lesniak is a billion-dollar real estate agent, best-selling author, investor, developer, and coach. Dan's HyperLocal strategy led to one of the fastest starts in real estate, with over $22 million in sales in his first year. Since then, Dan and Keri Shull's combined team has grown to 80+ members and sells over $400 million in volume annually.
In this episode, Dan shares how he accidentally found his first short-term rental, made a go at the Airbnb business at the height of the pandemic, and never looked back since and found himself buying properties one after another and earning high double digits returns.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you will learn from this episode for 19 minutes:
Learn how to show your guests you care, that you are responsive, and that they still leave you with good reviews even with the inconvenience they experience.
Find out how you can successfully manage your Airbnb properties on your own or with the help of outsourced management companies.
Discover tools and apps to help you organize your system and processes when booking guests, including the pricing aspect of it.
Resources:
Website: http://www.danlesniak.com/
Topics Covered:
01:16 - How he got his first short-term rental property and what kind on property it was
04:17 - How property management looks like for Airbnb
04:42 - Getting into the Airbnb business successfully right in the middle of the pandemic
07:19 - Buying short-term rental properties one after another
09:59 - Number of hours per week to manage all his Airbnb properties
11:47 - How he got his crew and contractors and what tools he used to manage his Airbnb properties
13:31 - Pricing tools used to set rules and parameters
Key Takeaways:
"Short-term rentals. I think it's an amazing opportunity right now." - Dan Lesniak
"I'm starting to hopefully seeing a renovation of a duplex in Pompano. When all of those are done, we'll have six doors in Florida, one in Arlington, and you know all of them at double digits, high double digits, kind of cash-on-cash returns, and we manage all of them ourselves and with someone on our real estate team." - Dan Lesniak
"If there's something that truly is an inconvenience like maybe the cleaning crew showed up late and it wasn't fully ready, we typically do like gift cards to a local restaurant. And so even when things go wrong, if people feel like you care and you're responsive, they still leave you great reviews, which, that's the key to outperforming the rest of them." - Dan Lesniak
Connect with Dan Lesniak:
Website1: http://www.danlesniak.com/
Website2: http://www.hyperfastagent.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 into real estate but you’ve found yourself wanting to do business as well, this episode is perfect for you!
It can be shaky at first, considering the shift, but leveraging your real estate portfolio can help you dive into other careers and pursue your dreams.
But the question is how can you use real estate to create the life you want to live?
Join us as Doug Meyers answers that as he shares his own story in today’s podcast.
Doug Meyers is a former mining engineer who used real estate investing to provide the income to leave his previous full-time employment. This gave him the opportunity to pursue other passions and business interests with his full attention. He has a portfolio of condos, duplexes, and triplexes across Western Canada, and is a partner in an active flipping business in Saskatchewan.
An award-winning investor and Keyspire Success Story, Doug is the host of RevNYou’s very own RevNYou with Real Estate Podcast where he interviews real estate investors in all walks of life. He is also the host of The Grow Give Expand Podcast, where he speaks with entrepreneurs and business owners, uncovering the personal practices and systems that help them live successful, meaningful lives.
In this episode, Doug talks about his journey from doing real estate to learning sales and then starting a business. Here, he explains how he uses real estate as a springboard to live the life he wants to achieve as he stresses the importance of learning sales in business.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 17 minutes from today's episode:
Why it’s important that you learn sales in business and not skip the entire learning process;
Find out where you should go looking for people to help you as you get into a shift; and
How can you use real estate as a springboard to live the life you want, exploring and acing other careers?
Resources/Links:
Grant Cordone Canada: https://grantcardone.ca/
Rev N You with Real Estate: https://www.revnyou.com/podcasts/
Website: https://www.revnyou.com/
Topics Covered:
00:49 – A brief overview of Doug’s real estate journey to date
02:15 – He liked real estate, but he also wanted to become a business owner
02:59 – What made him realize that sales is his weakness
04:44 – Creating a 10-year plan for himself
08:00 – Powerful takeaway – work your powerbase
10:01 – What Doug’s 10-year plan look like, and why you shouldn’t skip the entire learning curve
13:38 – Using real estate to create the life you want to live
15:45 – Connect with Doug Meyers
Key Takeaways:
“I realized that to get to my next level – and not only in real estate, but in life and in business – I actually needed to get around a team of A-players again and I also needed to learn some new skills.” – Doug Meyers
“I don’t necessarily want to continue to grow a portfolio by having lots of joint venture partners. I think that’s a great strategy, but I don’t think it’s the only way to do it.” – Doug Meyers
“If you can’t sell, you can’t be in business.” – Doug Meyers
“When we talk about partnering out with people and getting money, the first thing you do is look at the people who are most connected to you.” – Doug Meyers
Connect with Doug Meyers:
Email: doug@grantcordone.ca
Website: https://www.revnyou.com/
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
 

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

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

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

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