Property Profits Real Estate Podcast

Have you heard about rental cottages and how it's creating a buzz in the real estate business?
Are you interested to know how to go about these investment strategies and cash flow strongly even during off-peak season?
How about learning all the tips and tricks about expense management, as these are critical to running your rental cottage business?
These and more on the Free Flow Friday on the Property Profits Podcast. We have our guest presenter to share everything about that.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you’ll learn from today’s episode:
Learn about one of the best tools to use to accelerate growth in your cottage rental business
Find out how to keep massive cash flows and get top dollars from rental cottages
Discover how to turn those rental cottages into Instagram-worthy experiences for renters to want them for possible bookings with you
Resources/Links:
Website: https://www.simplyparadisefr.com/
Topics Covered:
03:14 - Talking about the cottage rental business, how we got into it, and of the deals he did
03:56 - What a 'Vendor Takeback' mortgage is
06:16 - Taking advantage of an opportunity that presented itself
08:29 - One great strategy and tool when buying rental cottages
10:07 - A great way to add value to a property
13:05 - Where and how to get renters and fill vacancies for your rental cottages
14:16 - Other things that have become effective in running rental cottages
14:41 - How offseason marketing looks like
17:33 - Challenges encountered during COVID and how it turned around
20:52 - Tips and tricks around expense management
27:04 - Where Kyle's focus is on the whole rental cottage business
28:56 - Recalling how rental cottages was just a lifestyle investment which turned out into a primary source of income
Key Takeaways:
"Great tool for you to use when you're negotiating on buying cottages. It can be an emotional experience for the family to be selling the property. We negotiated a one-year close. So we're going to make the offer today at a greater price, put the deposit down today. And the way we positioned that wasn't, 'Hey, we're not ready to buy it right now.' It gives the whole family one last summer; every kid gets a week at the cottage. Everyone gets a chance to say goodbye to it. And then we'll be closed in the following year. It worked out really well. They went for it right away." - Kyle Ford
"Airbnb is a great tool. It's one of the core calendars that we use in our business; the actual format and layout of Airbnb are fantastic. It's a great way to fill our vacancies. But the bulk of what we do is actually on Facebook. We rent to people who don't even know that they're looking for cottages. So Chelsea will post in buy and sell groups, Facebook marketplace, just pictures of our cottage and we get a ton of bookings through that." - Kyle Ford
"Here are some tips and tricks around expense management. Our businesses are basically all Google Drive now, links really well, shares on email. We use a Google Sheet to communicate with our maintenance people. At the point right now we have a full-time guest experience manager that does all the front end of the business, and my fiance' does all the sales." - Kyle Ford
"We run our cleaning in-house now where we have our own staff cleaners, as well. Generally, that's not going to make sense for you until you hit about the five-property range. Until then, work and hire with a reputable cleaner or cleaning company and pay them well. Do not nickel and dime these cleaners, especially if you're not local to the property. These people can be your holy grail." - Kyle Ford
"Put professional cottage check-in instructions, the FAQs. Some things might seem obvious to you. But if you've never been there, you don't necessarily know we have people traveling from abroad who don't speak English. So when they're coming to this new country, a new cottage, they don't necessarily know everything. Now translating these things can be harder. But giving them as much information as possible is going to make your life easier from a management perspective." - Kyle Ford
Connect with Kyle Ford:
Website: https://www.simplyparadisefr.com/
Connect with Dave Dubeau: 
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
Do you like the show?
Great! Please rate and review it on iTunes.

Mandy Branham is an inspired investor with a global vision to impact housing in the world. She's passionate about changing the trajectory of every person’s financial future with real estate as the vehicle for generational legacy. Mandy is the recipient of REIN Canada's 2019 JV of the Year showcasing the emphasis she has on Value-Based Partnerships as a mode of constantly expanding her business on all levels. 
In this episode, Brandy shares what makes her tick as a JV queen that we can all learn from so we can have joint venture partners one after another with them looking after us rather than the other way around.  
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 tips in getting joint venture partners that reach out to you rather than you going after them 
Learn the important things to know in the Joint Venture agreement so that expectations are met, roles and responsibilities are clearly stated and agreed upon
Find out which avenues to go to so you find opportunities for your joint partnerships 
Resources/Links: 
Website: https://mandybranham.com/ 
Topics Covered: 
00:37 - How she got the title as the JV queen 
04:40 - Making people reach out to her for joint venture deals 
06:15 - Options you have to be able to buy the deals you want  
07:11 - Why show up in real estate investment clubs 
09:24 - How to let people know what you’re good at 
10:53 - Mistakes committed when doing joint ventures and joint venture agreement 
13:50 - What her JVs look like  
15:21 - Important things to keep in mind in JV agreements 
18:34 - Valuing transparency 
20:40 - Minimum maintenance reserve fund to be maintained 
23:16 - Talking about ‘escape clause’ in the JV agreement 
Key Takeaways: 
“Tip number one, in the joint venture world, it doesn't just happen when you talk to one person, you get one joint venture, you have to talk to 10 to get one, so we were talking to a lot of people. We had a lot of those people fizzle away. But we started to attract a lot of people that did like the conversations that we were having and did like the people that we were becoming.” - Mandy Branham 
 “I started to fish in a pond that I knew was fish. I was going to networking groups. So in this time of virtual and digital networking, I want you to go where there are other like-minded investors.  I want you to be going to like-minded sites with people who are talking, thinking about investing.” - Mandy Branham 
“It started out with a deal that had to be so good that I was willing to put my own name on it. And so people kind of got that confidence level of ‘Well, if Mandy's willing to put her money on it, then I'm willing to put my money on a deal that I know.” - Mandy Branham 
“How we hold the asset in the joint venture is one of the important factors that people need to understand. Another thing to really understand is the exit strategy for the joint venture to be able to go in and that's identified in the joint venture agreement, this is a five-year buy and hold. This is a three-year flip, or this is a three-year buy-and-hold. And so nobody is shocked and shaken when five years comes up.” - Mandy Branham 
“The other thing really, really, really big in a joint venture agreement is to identify very clearly, whose roles and responsibilities are.” - Mandy Branham 
Connect with Mandy Branham: 
Website: https://mandybranham.com/
Instagram: https://www.instagram.com/j_v_queen/
Facebook: https://m.facebook.com/solutionsdrivenpropertygroup/
LinkedIn: https://ca.linkedin.com/in/mandy-branham
Google Business Page: https://g.page/mandy-brahnam?share 
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

Olatokunbo Oni is the Founder and Executive Director of Chesterfield Real Estate Investors Association – a premier real estate investment club in Chesterfield, Virginia formed last 2018. Together with Keoshoa Gordon – the Co-Founder, Chesterfield REIA aims to provide the best education, resources, tools, and networking opportunities to help their members see the results they want in their career. Chesterfield REIA has a total of 110 members at present.
In this episode, Oni and Keoshoa share stories on how Chesterfield REIA helps members reach great heights in their career. Here, they talk about the effects of having diverse minds through having speakers not limited to one, as well as the importance of giving back.
 
Checkout: REAL ESTATE CLUB/ASSOCIATION SPOTLIGHT: :https://www.chesterfieldreia.com/
  
What you’ll learn in just 14 minutes from today’s episode: 
Understand how the network creates more opportunities for REIA members;
Find out stories about the wonders of having two to three speakers in a meeting;
Learn about the value of giving back, regardless of the money we’re earning on what we do.
  
  
Key Takeaways: 
  
“We try to diversify – just all different types of aspects in one meeting – and it really helps our members and our guests.” – Keoshoa Gordon
 
“It has given me a reputation that I’m an expert in my field. Most importantly, when you go to meetings, you get more networks, but sometimes, you don’t know who is in a network. Now, that network is coming to me.” – Olatokunbo Oni
  
  
Connect with Olatokunbo Oni:
Website: https://www.chesterfieldreia.com/default.aspx
Email: oni@realvestorgroup.com 
Mailing Address: 1221 Mall Drive North Chesterfield Virginia 23235
 
Connect with Chesterfield REIA:
Email: ambeypropertiesllc@gmail.com 
 

Tom Zeeb is an active investor and is a published author. He is the President of Traction Real Estate Investors Association, the Founder of Traction Real Estate Mentors, and the host of the “Get Traction” Podcast. Traction REIA is a leading association for real estate inventors, covering Washington DC, Tampa & Sarasota Florida. It started in 2002, and it was in 2008 when Tom took over it. Currently, Traction REIA has 400 members. 
  
In this episode, Tom Zeeb talks about his journey with Traction REIA, starting from him being an active member and eventually becoming its President now. Here, he shares the benefits people get from being part of the association, as well as how wonderful of a location Traction REIA is in building networks with people in the industry of real estate. 
 
Checkout: REAL ESTATE CLUB/ASSOCIATION SPOTLIGHT: : https://TractionREIA.com   
  
What you’ll learn in just 14 minutes from today’s episode: 
  
Discover what Traction Real Estate Investors Association is all about; 
Understand the importance of being connected with people who can understand what you want to do and not find you weird at all; 
Find out life-changing benefits you can get if you ever decide to join Traction REIA someday. 
  
Resources: 
  
Website: https://TractionREIA.com   
  
Key Takeaways: 
  
“It’s a nice way of giving people kind of the safety of a sandbox in a way that there is this area where the REIA has done the work for you in finding the good people, and now, I can match people with what they need and when they need it, which is awesome.” – Tom Zeeb 
  
“It’s networking. It’s building that team. It’s having friends in the business. Real estate investors are a little weird; entrepreneurs are a little weird. We’re different. We don’t seem to think like everybody else. So, where do you go to find that like-minded people that you might actually get along with? Well, come to Traction.” – Tom Zeeb 
 
“It’s good to know what you don’t want to do as well as which you do want to do.” – Tom Zeeb 
  
“We’re treating online as the fourth region [of the association].” – Tom Zeeb 
  
  
Connect with Tom Zeeb: 
  
Website: https://TractionREIA.com   
Mailing Address: 15 Paradise Plz #379 Sarasota, FL 34239 
  

Rita Dallago is the executive director of the Capital Area Rental Property Owners Association (CARPOA), the longest running real estate investment club. She joined, together with her husband, the association in the year 1986 at a time when she was a real estate salesperson.
In this episode, Rita shares how CARPOA helps its members on the education side so they manage their real estate business legally, economically, and efficiently.
 
Checkout: REAL ESTATE CLUB/ASSOCIATION SPOTLIGHT: https://www.carpoa.org/
 
What you'll learn in just 17 minutes from today's episode:
Find out what CARPOA is and how it serves its members
Learn about the ways they keep their members engaged and productive during this pandemic
Discover success stories, so you get inspired and also encouraged to level up your success
 
Key Takeaways:
 
"We figured that no one can afford to make all the mistakes. A smart man learns from his own mistakes, a wise man learns from the mistakes of others." - Rita Dallago
 
"We're trying to keep everyone engaged, because we feel education is important, and in being updated on what's happening and how you're supposed to proceed." - Rita Dallago
 
"We try to be familiar with our members, that networking is very important to us. Because again, you learn from what the others are doing that's working, which makes it extremely important to attend the meetings." - Rita Dallago
 
Connect with Rita Dallago:
Website: https://www.carpoa.org/ 

Do you want to build instant credibility and showcase your authority?
Are you looking for another great way to connect with amazing potential investors?
Are you curious about shortcuts on how to meet high-level personalities?
Join me in the Free Flow Friday on the Property Profits Podcast and let’s talk about launching your podcast show.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you’ll learn from today’s episode:
Discover the main benefits of podcasting and how it can create instant credibility for you and your business
Find out a fantastic way to promote yourself or your business and showcase your authority
Find out how to leverage your podcast in meeting other potential joint venture partners
Resources/Links:
Are you looking to attract investors and raise capital for your deals? Get a complimentary copy of Dave Dubeau’s newest book, called ‘The Money Partner Formula’. Get your PDF version at https://investorattractionbook.com/
Topics Covered:
00:29 - Why not start your own podcast and not just get interviewed on someone else’s podcast
01:31 - Main benefits of having your  own podcast
02:07 - Why your podcast doesn’t have to belong
03:06 - Another huge benefit of having your podcast
05:54 - What are the tips for having a guest
06:42 - Podcast show style you can have
07:36 - How having your own podcast lets you meet high-level people as guests
09:11 - Number of times in a month you can have your podcast show
09:57 - Batching interviews for podcast release
09:45 - Dave’s suggestion when launching your Podcast
10-47 - How to leverage your Podcast
Key Takeaways:
“One of the main benefits, from my standpoint, was it is a great way to create good, solid content for my list on a regular basis. And the best part is, I don't need to create it, I get smart people on my podcast talking about what they do. And they create the content for me.” - Dave Dubeau
“It's another great way to connect with amazing JV partners. I don't just mean JV partners in the sense of other investors, although you'll probably find those there that you're interviewing, but also cross-promotional partners, people that you can work with.” - Dave Dubeau
“There are lots of people that have podcasts that are seen as an authority. This just naturally throws you in the same boat. It's kind of like having a book as an author, you're automatically assumed to be an authority if you're an author, the same thing if you run your own podcast.” - Dave Dubeau
Here's another cool thing, a shortcut to you. Meeting high-level people, even with a small podcast, you can get some ‘celebrity guests. It's not that tough to get somebody like Grant Cardone, like Robert Kiyosaki, like these kinds of people onto your podcast, even if you don't have a huge list.”  - Dave Dubeau
“This is a great way for you to open the door with people that are kind of hard to reach. You could interview people that might not pay attention to you, otherwise, they will, if you've got a podcast.” - Dave Dubeau 
“I interview you, you interview me. We both benefit. So this is another one of the reasons it's been so easy for us to get interviewed on so many different podcasts because almost all podcasts hosts would also love to be interviewed well.” - Dave Dubeau
 
Connect with Dave Dubeau: 
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
Do you like the show?
Great! Please rate and review it on iTunes.

Detra L. Harris, is a Bay Area native, locally born and raised in San Francisco, CA. She is a multi-business owner, a Realtor, a real estate investor, a landlord, a property manager, and a mentor that carries over 30 years of experience in the real estate industry. She founded Strive Real Estate LLC.
In this episode, Detra shares how she and her husband founded and grew Strive Wealth Builders, what its core values and principles are that help real estate investors grow their passive income.
 
Checkout: REAL ESTATE CLUB/ASSOCIATION SPOTLIGHT: https://www.strivewealthbuilders.com/
 
What you'll learn in just 17 minutes from today's episode:
Find out Strive's six principles for personal development and wealth building
Learn about the reasons why real estate investors need to become part of real estate clubs or associations
Find out members' success stories for inspiration
 
 
Key Takeaways:
 
"Strive represents personal development and wealth building. And so we tie into two, and we talk about growing your passive income through real estate. And we use a model called a wealth ratio that we use to determine where our past income is in comparison to our monthly expenses. And we use a scale to measure our growth." - Detra Harris
 
"The reason why real estate investors should join clubs, number one is networking as real estate is a relationship business and growing strong relationships is vital to improving your portfolio." - Detra Harris
 
"In joining a club, you surround yourself with trust. And there are a lot of scammers in this industry. And it's very important to feel confident and comfortable with the partners that you decide to do business with." - Detra Harris
 
Connect with Detra Harris:
Website: https://www.strivewealthbuilders.com/
LinkedIn: https://www.linkedin.com/in/detralharris/
 

Felicia Froe is a Physician, best-selling author, experienced real estate investor, and syndicator. She is the founder of Money with Mission, whose purpose is to make a difference one community at a time. She leverages every dollar invested to transform neighborhoods and generate profits for mission-minded investors. 
In this episode, she shares her investment strategies that had other people earn income, improve the community and provide her multiple income streams. 
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 17 minutes from today's episode: 
Find out an investing strategy that helps other investors profit, contribute to social welfare while earning yourself
Find out how she raised herself and her real estate business again after a devastating loss 
Learn how she raised capital to fund bigger deals 
Resources/Links: 
Website: https://moneywithmission.com
Topics Covered: 
01:02 - How she juggles everything altogether while being a medical doctor 
01:49 - Why she considered real estate when she's already earning big as a doctor 
04:00 - What made her and how she got interested in real estate 
05:07 - Her real estate investment strategies 
07:07 - Social capitalism as what she's also looking at 
08:45 - How she took off again after losing everything on the first try 
09:34 - What is syndication 
10:32 - How she started syndication for her deals 
11:50 - The importance of getting to know people 
12:21 - What is a food desert portfolio? 
Key Takeaways: 
"The reason I now do it and teach people about it, especially doctors, is because we all need to have other options for income; multiple streams of income is the way to be because it gives you options when you're tired of doing whatever you're doing, or you just don't want to do it that day, or you're just like, "Okay, I'm fed up with medicine." - Felicia Froe 
"Social capital is what we're looking at. We can solve a lot of problems as capitalists and make money for ourselves and our investors, as well as improving the community." - Felicia Froe 
On raising capital: 
"It was just a matter of networking. For me, it was networking, meeting people, talking to people, understanding them, having them understand me. So that, know, like and trust." - Felicia Froe 
Connect with Felicia Froe: 
Website: https://moneywithmission.com/ 
LinkedIn: https://www.linkedin.com/in/moneywithmission/
Email:  felicia@moneywithmission.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

Geoff Dearing has been in real estate for over 19 years. He has extensive experience with real estate investments specializing in commercial and residential cash-flow property. He has taught these concepts to thousands of students all over the world. He currently invests in storage units, apartment complexes, SFH's, and development. He created the Utah Real Estate Investors Association in 2013 and currently presides as the President.  
 
In this episode, Geoff shares how he started Utah REIA with his wife and what motivated them to start their own real estate investment organization. He also shares why it is beneficial for real estate investors to join a club and how COVID affected their organization.
 
Checkout: REAL ESTATE CLUB/ASSOCIATION SPOTLIGHT: https://www.utahreia.org/ 
 
What you'll learn in just 17 minutes from today's episode: 
Find out what Utah REIA is all about and  
Learn about the reasons why a real estate investor should belong to a real estate investors organization
Discover the benefits of being a member of a real estate investors association 
 
Key Takeaways: 
 
“So I looked into options and found that there was no local national REIA chapter here in Utah. And I thought, you know, why not take what, and a curriculum I developed a little bit, which should give us almost a year's worth of teaching topics, and work with the National REIA, to bring in some additional benefits, like with Home Depot and some other national service providers and, you know, provide another opportunity, cause there, there were a couple other clubs operating at the time.” - Geoff Dearing
 
“Well, I think the by far the biggest benefit is the cost for the benefit, I mean, a membership to our organization starts around $120 annually, little under 10 bucks, you know, like 10 bucks a month, where you'll have these really expensive coaching programs or education programs, as they call them, that can run into the 10s of 1000s, if not hundreds of 1000s of dollars.” - Geoff Dearing
 
“I think the other benefit is that they get to rub shoulders with active real estate investors like yourself, who are actually doing what they want to do. And it's a way to really get the reality and the possibilities brought home.” - Dave Dubeau
 
“Yeah, that was another point I was definitely going to tackle is, that it allows you to not only because we have primarily local speakers from other successful investors, so people can come and pick those teachers' brains you know and get to know them. And that also attracts other investors wanting to learn” - Geoff Dearing
 
“Yeah, but after they see other people succeed, and like you said, they take that and they're like, I can do that. You know, I've seen numerous people, rather than jumping into their first home, they say, hey, I can do bigger and I'm going to do an apartment syndication.”- Geoff Dearing
 
Connect with Geoff Dearing of Utah Real Estate Investors Association: 
Website: https://www.utahreia.org/

Have you thought of guesting or appearing in other people's podcast shows? 
Do you know what it takes to get booked on podcast shows?
How can being interviewed in another's podcast boost your credibility and people's awareness of your expertise? 
Are you well equipped to appear on someone else's podcast and leverage your appearance and guesting to grow your business?
Join me on this Free Flow Friday on the Property Profits Podcast, and I will show you how you can get three bangs for your buck from guesting in other people's podcasts.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you’ll learn from today’s episode:
Learn about the benefits of being interviewed in other people's podcast
Find out the most essential tips on getting booked with other podcasts
Hear about one killer technique in finding appropriate podcasts you want to be booked on
Resources/Links:
Are you looking to attract investors and raise capital for your deals? Get a complimentary copy of Dave Dubeau's newest book, called 'The Money Partner Formula.' Get your PDF version at  investorattractionbook.com. 
Topics Covered:
01:05 - Dave guesting in different podcasts this year and talking about the benefits of being interviewed
05:42 - What is 'securities compliant outside marketing'
07:59 - One big tip on getting booked on a podcast
10:46 - What you can do when you're going after non-real estate focused podcasts
11:36 - Something you should be creating that is compelling
13:12 - Important things to note when using podcasts to raise capital
14:42 - What's in Dave's one-sheet
16:02 - One thing you should have for people to opt-in
16:44 - Finding the appropriate podcast you want booked on
19:57 - Wow your podcast show host after the interview with this action
20:35 - How often do you want to get booked on podcasts
22:05 - Is it okay if you get interviewed in a small podcast
23:44 - When to let people know about your podcast guesting
24:18 - One one good trick people do after being interviewed in a podcast
Key Takeaways:
"Think about it. If you get interviewed on a podcast, or just look at your own experience if you've listened to somebody being interviewed on a podcast, especially if the interviews are 30, 40, 50 minutes long, do you feel like you kind of know the person at the end of that versus 32nd, blurb on whatever? You got a much longer time to hear the person to kind of get to know them much more on a personal connection. It's great production value for content." - Dave Dubeau
 "When you get interviewed on somebody else's podcast, that's great content for them and their podcast followers. However, they would love for you to promote their podcast to your followers as well. If you send out your podcast to your followers, you're creating content for them. Plus, it's the double whammy that they see you as the expert because you're interviewed by somebody else." - Dave Dubeau
"If you're going to be using podcasting to raise capital, you're not going to go right to the money immediately. Somebody opts-in to your website; you want to make sure that you've got an effective follow-up sequence of emails in place to start that relationship." - Dave Dubeau
"If you are really focused on growing your list, and you want to increase the number of prospective investors on your list, then I would suggest you want to take this more seriously. And you make a concerted effort to get booked at least one or two times a month, consistently, month in month out." - Dave Dubeau
Connect with Dave Dubeau: 
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
Do you like the show?
Great! Please rate and review it on iTunes.