Property Profits Real Estate Podcast

Know what real estate day trading is and how to profit from it, find out marketing ways to do more deals faster, and learn Larry’s no-fail strategies that he implements to gear up his profit margins.
 
Resources/Links
Book: “Getting Started in Real Estate Day Trading: Proven Techniques for Buying and Selling Houses The Same Day Using The Internet!” by Larry Goins
Summary
Larry Goins has been investing in real estate for over 30 years. Previously, Larry served as president of the Metrolina Real Estate Investors Association in Charlotte NC, a not-for-profit organization that has over 350 members. Larry is an active real estate investor and travels throughout the United States speaking and training audiences at conventions, expos, and Real Estate Investment Associations on his strategies for buying and selling houses quickly (real estate ‘day trading’).
In this episode, Larry shares his expertise on what he calls “real estate day trading”. His go-getter character is evidenced by how he negotiates his deals and gets creative to get things done. You will get a glimpse of that as well as a few of the many tips and tricks he’s got to close deals. Plus, he will dive into his way of making higher than average profits in his space.
Topics Covered:
00:49 – His backstory of how he got into real estate
01:27 – His real estate investing strategy
01:47 – What is virtual real estate day trading
04:43 – Different ways to find properties for day trading
06:02 – How to find the list to market the deals to 
06:38 – How to analyze the properties from a distance and how much to offer and renegotiate
07:55 –  How to find buyers to sell properties to in a day or just a couple of hours
09:41 –  The different strategic market areas 
10:33 –  Getting his deals in every possible way
11:20 –  The many different ways he has automated his business
13:33 –  The experience he had with VA’s
14:44 –  On doing everything consistently
15:03 –  How did he start and get to where he is now
Key Takeaways:
“I may not get as many deals as other people, but when I get a deal, it’s not a deal. It’s a steal. It’s a home run.” – Larry Goins
“Well, I’ve always said it’s much easier to find a house for a buyer than a buyer for a house. And that is true. In other words, the key is to start building your buyers list from day one. I used to tell people, and still do as far as that goes to work as hard, building your buyers list as you do at finding deals.” – Larry Goins
Connect with Larry Goins:
www.larrygoins.com
www.freehudbook.com
www.investorsrehab.com
www.larrybuyshouses.com
Facebook
Twitter
Connect with Dave Dubeau:
Property Profits Podcast
www.davedubeau.com
www.investorattractiondemo.com
Facebook
LinkedIn
Enjoyed the Podcast?
Please subscribe on iTunes for updates

Discover how you can leverage and earn big margins from distressed properties, learn strategies that maximize profit margins from distressed notes, and find out which jurisdictions and bank departments to get listings of distressed properties and how to go about it.
 
Resources/Links
http://www.weclosenotes.com
Summary
Scott Carson is known across the country as the “Note Guy”. He has been a full-time real estate investor for over 15 years now with his sole focus being on buying distressed notes and mortgages. Learn how to do it and find out where to buy those notes and leverage from it to earn and maximize your return.
Topics Covered:
01:28 – What sparked his interest in real estate
04:16 –  What is distressed notes and mortgages
05:37 –  How does buying distressed notes work to one’s advantage
08:47 – Why would the bank not initiate selling the property instead of selling it to investors as distressed notes
09:58 – Who owns the big chunk of money being loaned to the client by the bank
12:34 – Where does he buy most of the notes, which states
13:05 – Which departments in a bank you can find a listing of distressed notes
Key Takeaways:
“So the beautiful thing is that we as note buyers will deal directly with banks and asset managers and mortgage companies that are originating stuff. And if a borrower starts falling behind on their mortgage or they’re upside down, the bank will often sell that debt so that receivable as substantial discount off of what’s owed or of the value of the property. That’s how we make our money.” – Scott Carson
Connect with Scott Carson:
www.weclosenotes.com
Facebook
LinkedIn
Twitter
YouTube
Instagram
Pinterest
Connect with Dave Dubeau:
Property Profits Podcast
www.davedubeau.com
www.investorattractiondemo.com
Facebook
LinkedIn
Enjoyed the Podcast?
Please subscribe on iTunes for updates

Discover the real estate investment potential for Canadians in the US market, learn the steps to take to set up legal and financial processes and avoid trouble with taxes, and know more about the biggest mistake that Canadians do in investing in the United States.
 
Resources/Links
www.glensutherland.com
Summary
Glen Sutherland is a real estate investor who invests in Ontario, Alabama, Indiana, and Missouri from Cambridge, Ontario. After getting comfortable with being an hour and a half from his rentals, he made the jump to the USA for lower property taxes, more favorable landlord laws, and low purchase prices.
In this episode, Glen recounts his personal real estate investing experience as a Canadian in the United States. Learn from him the do’s and don’ts in setting up legal and financial structures and avoid tax issues. Discover the advantages of investing cross border to achieve higher ROI on his investments.
Topics Covered:
00:54 – Glen recalls how he got involved in real estate investing and ended up in the United States
02:40 – The type of markets he invested in 
04:06 – Why he decided to start in that kind of market
06:58 – An overview of the steps to take to set up legal and financial structures and not get double “whammied” with taxes
09:02 – How he used and managed cash in investing down in the United States
11:08 – How Glen manages his deals
12:35 – The number of markets he’s currently investing and the locations 
13:52 – Biggest mistakes that his fellow Canadians are doing
15:08 – Connecting with Glen through his podcast and website
Key Takeaways:
“I think the big mistake is that the numbers are different. The number, like they see a house that’s like 75,000 that rents for $750 a month. And then go and buy it. But they don’t realize that that’s a commonplace. And they’re not buying a deal at all. And they’re buying at a market or even above market. And they, they don’t understand that because it’s totally different. You bought that $75,000 property, but it’s only worth $65,000, and it’s going to take you five or 10 years to get up to your 75.” – Glen Sutherland
 
Connect with Glen Sutherland:
www.glensutherland.com
A Canadian Investing in the U.S. podcast
Facebook
LinkedIn
YouTube
Connect with Dave Dubeau:
Property Profits Podcast
www.davedubeau.com
www.investorattractiondemo.com
Facebook
LinkedIn
Enjoyed the Podcast?
Please subscribe on iTunes for updates

Get a walkthrough on how to turn raw land into a monthly passive income, know more on how to overcome the hurdles in raw land investing, and learn the art of engineering geeky systems that create, grow, and protect your cash flow.
 
Resources/Links
http://www.thelandgeek.com/launchkit
Dirt Rich: How One Ambitiously Lazy Geek Created Passive Income in Real Estate Without
Renters. Renovation, and Rehabs by Mark Podolsky
Summary
Mark Podolsky is the author of “Dirt Rich” and has completed over 6,000 land deals since 2001. He is also known as the Land Geek and the host of the Art of Passive Income Podcast.
In this episode, Mark shares his expertise in this interesting strategy of investing in raw land.
Dig in and find out exactly how he does it and how he manages to get returns on his money very quickly.
Topics Covered:
01:43 –  How he got started in investing in raw land
04:11 – How does he earn big time at the same time have a quick return on investment
09:02 – How long did it take him to create an efficient system at what he does
12:32 – On helping others actualize Maslow’s hierarchy of needs
13:25 – Biggest mistake people commit when buying a raw land
15:02 – What could be his unfair advantage over others
17:23 – One valuable actionable tip for everyone: “Look where other people are buying raw land and start there.”
Key Takeaways:
“So what I would do is I would sell partially on that note. So 12 months of the cash flow to an investor, I get my money out or I make a profit, I redeploy it, but I get two bites of the apple because then that note reverts back to me after 12 months. And I’m getting that beloved passive income back into my portfolio.” – Mark Podolsky
“So I wish land investing were a little simpler as far as like, that first step is going to be County research. So there’s 3,007 US Counties. I would say, look where other people are buying raw land and start there. That’d be worth checking out. I know it’s counterintuitive. You’d think, well, I don’t want to go where there’s any competition. There’s really no competition.” – Mark Podolsky
Connect with Mark Podolsky:
http://www.thelandgeek.com/
http://www.thelandgeek.com/launchkit
Connect with Dave Dubeau:
Property Profits Podcast
www.davedubeau.com
www.investorattractiondemo.com
Facebook
LinkedIn
Enjoyed the Podcast?
Please subscribe on iTunes for updates

Discover why it may be a good idea to invest in tax lien and tax deed properties even when you are busy with your current real estate investing business at the moment, learn how and where to buy properties at auction, the easy way, and find out how to go about buying tax lien and tax deed properties online the secure way.
 
Resources/Links
www.TedThomas.com
Summary
Most people consider Ted Thomas America’s Tax Lien Certificate and Tax Deed Authority. Since 1989 Ted has been teaching and guiding newcomers and serious-minded investors on how to make money with safe, secure, and predictable tax lien certificates.  
In this episode, Ted expertly articulated how to go about investing in tax lien and tax deed type of real estate property investing, that it’s not as hard as you might seem to see it. Find out more how you can leverage on this strategy depending on what type of investor you are, be it a conservative or entrepreneurial one. 
Topics Covered:
01:12 –  How he transitioned from being a pilot to a real estate investor
02:46 –  What are a tax-defaulted property, tax lien, and tax deed
04:54 –  Why tax lien is for conservative investors and tax deed is for entrepreneurial ones
07:40 –  The challenge of people not knowing about auctions being held 
09:23 –  Is it lucrative to buy tax liens in parts of Canada
10:29 –  How can one from other countries buy tax lien in Florida by way of an online transaction
11:03 –  Giving a picture on how to do it online
12:38 –  How does this strategy fit into one’s current real estate investing business
13:40 – Is buying tax lien and tax deed properties a good idea to flip them 
14:47 –  What are the common mistakes investors have when they get started in tax lien and tax deed properties
16:35 –  What is a good amount of capital to get started with this kind of business
Key Takeaways:
“Well, first of all, that you could actually buy tax liens in parts of Canada. But the challenge is this, to my knowledge, unless they changed it in the last year since I’ve been teaching there, I’m going to tell you the highest rate I’ve ever seen in all of Canada is 3%. So, why would you want to get involved in 3% when in Florida you can make 185,  I could make 24% in Chicago, Illinois tax certificates pay 3% a month. That’s 36% a year. So my Canadian clients and I have hundreds of them all buy in the States.” – Ted Thomas
“I have clients all over the English speaking world buying here and there in Florida and all over the States. I teach my Canadian clients, just let us give you some exposure to it and we’ll put you online to do this, and you’re going to say, Oh, but I don’t want to use the computer. We can show them how to use the computer and buy it. I have clients all over British Columbia, Alberta, and all over Ontario already doing this now and I’m talking about people that are making six-figure incomes doing this business in the States.” – Ted Thomas 
Connect with Ted Thomas:
Tedthomas.com
Imagine Wealth Without Risk
LinkedIn
Connect with Dave Dubeau:
Property Profits Podcast
www.davedubeau.com
www.investorattractiondemo.com
Facebook
LinkedIn
Enjoyed the Podcast?
Please subscribe on iTunes for updates

Learn why you need to invest in mobile home parks, discover why mobile home parks are all about “affordable housing”, and know how you can harness the affordable housing trend.
 
Resources/Links
www.mobilehomeuniversity.com
Summary
Frank Rolfe has been an investor in mobile home parks for almost 30 years and has owned and operated hundreds of mobile home parks during that time. He is currently ranked, with his partner Dave Reynolds, as the 5th largest mobile home park owner in the U.S., with over 250 communities spread out over 25 states.
Along the way, Frank began writing about the industry, and his books, coupled with those of his partner Dave Reynolds, have become leaders in this niche of commercial real estate investing.
In this episode, Frank talks about the investment potential in mobile home investment and why you should invest in mobile home parks.
Topics Covered:
01:29 – Frank’s transition  from the billboard business to mobile home park investing, why he chose the mobile home park as his real estate investing choice, the potential for affordable housing
04:01 – Expensive housing versus mobile home parks, what people do not know about the mobile home park industry
04:41 – Frank’s unfair advantage in real estate, how his billboard advertising background and being a ‘workaholic’ helped him succeed
06:25 – What are the typical challenges he experienced in mobile home park investing
07:39 – The problems he solves for his students, how he teaches them to get to mobile home park investing
08:15 – Why mobile home park is a great investment in terms of financing and returns
09:25 – What’s an average mobile home park deal looks like in terms of number of units, pads, and finance, the price point for buying one mobile park property 
12:52 – Why Canadians should love mobile home park investing: Higher cap rates.
14:52 –  Frank Rolfe's best tip: ‘Think of a man of action, act like a man of thought.’
Key Takeaways:
“I love the fact that affordable housing is a big thing right now in the US. So if we were all getting super prosperous, you would need mobile home parks. But I’m a believer that we’re going down the drain. So the demand for affordable housing grows every day.” – Frank Rolfe
“Our unfair advantage probably is we’ve been doing this for so long. There are so many people, every park that we buy, we can put it in a box based on past parts, we can just almost guess, from before we buy it exactly how it will turn out. So that’s probably our entry badges.” – Frank Rolfe
Connect with Frank Rolfe:
www.mobilehomeuniversity.com
YouTube
LinkedIn
Twitter
Facebook
Connect with Dave Dubeau:
Property Profits Podcast
www.davedubeau.com
www.investorattractiondemo.com
Facebook
LinkedIn
Enjoyed the Podcast?
Please subscribe on iTunes for updates

Learn which are the ‘hot’ markets to invest in now, know the tips on how to find a really good realtor, and discover one unique way of establishing authority (other than handing out business cards).
 
Resources/Links
http://www.garywongrealty.com/
Summary
Gary Wong is an award-winning real estate professional and author of “The Book on Vancouver Real Estate”. He specializes in luxury home marketing and sales and helps investors build wealth by establishing real estate portfolios.
In this episode, Gary talks about being a realtor as well as a real estate investor. You will learn how to add more value to clients that will help strengthen your branding and positioning.
Topics Covered:
01:06 – How he became a realtor and eventually a real estate investor at the same time and what strategy he uses
04:17 – What types of investors does he come in contact with
05:25 – What reason do investors have for choosing Vancouver
07:12 – How to find a good realtor
09:23 – What steps should be done to find a good realtor
10:51 - What lessons did he learn from his mentor, Dan Lok, that helped him catapult things up
13:02 – Talking about his book entitled “The Book On Vancouver Real Estate: How To Buy It, Sell It, And PROFIT From It! by Gary Wong  
15:54 – How he managed to really do well with YouTube
Key Takeaways:
“I think when it comes to finding a good realtor, there are different types. One, like if you’re looking specifically for buying, then you want a realtor who knows how to do analysis quite well. They know their numbers, they know their economic fundamentals, they know which areas are great and which are not, and then they must have a high level of customer service.” – Gary Wong
One step in looking for a good realtor: “I would ask for referrals, but also I would interview them and then I would do my own due diligence. I find that realtors who are quite well-branded online, it shows me that they take pride in what they do and that they’re not just helping their friends buy or sell real estate. They actually are doing this long-term. They give off a good first impression if they have good marketing, though it doesn’t guarantee that they’re going to be a great realtor for you.” – Gary Wong
“Well, I use my book as my business card in real estate. A lot of people just hand out their business cards and you and I know that business cards often get thrown away. So, Dan was telling me, Gary, when you use your book, it gives you the authority status. People aren’t going to throw away your book, so use your book as an authority, like a business card.” – Gary Wong 
Connect with Gary Wong:
www.garywongrealty.com
Instagram
YouTube
LinkedIn
Twitter
Facebook
Connect with Dave Dubeau:
Property Profits Podcast
www.davedubeau.com
www.investorattractiondemo.com
Facebook
LinkedIn
Enjoyed the Podcast?
Please subscribe on iTunes for updates

Find out how limiting and restricting your time makes you more successful, learn what is a 5-minute success as far as real estate investing is concerned, know more tips on how to find the best realtor to keep you ahead in the real estate game.
 
Resources/Links
5-Minute Success Podcast
Real Estate Success in 5 Minutes a Day: Secrets of a Top Agent Revealed (5 Minute Success) by Karen Briscoe
Summary
Karen Briscoe is Principal of the Huckaby Briscoe Conroy Group (HBC) and author of “Real Estate Success in 5 Minutes a Day”. Over the years, the group has sold over 1,000 homes valued at over $1 billion. She began her real estate career in developing residential lots with the Trammel Crow Company in Dallas, Texas.
In this episode, Karen talks about success in just five minutes. Let your limiting belief that you don’t have time to do anything be thrown away and learn how getting started is the first and only step towards success. Karen has tips and tricks that you can leverage upon.
Topics Covered:
01:14 – How she became a realtor
02:40 – Why limiting and restricting your time makes you more efficient and effective
04:27 – Getting into the five-minute success
06:15 – What does a five-minute success look like
10:26 – The whole idea of getting started
12:30 – How to find a great realtor who can help in your investment property
15:54 – Thoughts on just wasting time and not pulling the trigger
Key Takeaways:
“So one way to jumpstart or get people into productivity is to limiting and restricting the amount of time you do something. So then the idea, I don’t have enough time to go away. So that’s where the idea of five minutes' success.” – Karen Briscoe
“So, anything that’s repeatable then can be systematized. You can create leverage off of it. So what I found is, there are really three core principles. And then one overarching, the first one is committed to getting leads. So every business or enterprise, entrepreneur sales all starts with a lead even investing. So it all starts with a lead.” – Karen Briscoe
“Reinventing wheels is not really a great strategy if you’re doing it your first time. You can get creative later. In the beginning, It’s usually best to find a proven strategy and follow it. So, start there and then commit to a certain number that you’re going to do daily, weekly, monthly, quarterly, whatever it is that you will commit to.” – Karen Briscoe
“Tracking is one of the most proven ways of success. And by tracking your business, you develop lead generation, your investment leads that you’re tracking, you will then start to see patterns of success, where your best leads come from, where your best opportunities come from, what you can convert the easiest.” – Karen Briscoe
On finding a good realtor: “So, to look for somebody who actually invests in themselves, it’s just like anything, it’s like, would you really go to a workout with a trainer who was fat? I mean, it really is counterintuitive. So if they’re not invested in themselves, they don’t believe in it and they haven’t actually gone through what is involved.” – Karen Briscoe 
Connect with Karen Briscoe:
5minutesuccess.com
Facebook
LinkedIn
Instagram
Twitter
Connect with Dave Dubeau:
Property Profits Podcast
www.davedubeau.com
www.investorattractiondemo.com
Facebook
LinkedIn
Enjoyed the Podcast?
Please subscribe on iTunes for updates

Find out more how a millennial with no portfolio, no track record, and no starting capital would be highly successful in real estate investing, learn the practical and effective techniques she used and start growing your 7-figure portfolio and know the best social media platform to use to attract investors and raise capital.
 
Resources/Links
Learn How to Raise Capital and Attract Joint Venture Partners Grow a Multi-Million Dollar Real Estate Portfolio…Without Using Your Own Money!
Summary
Sarah Eder is the owner and CEO of Sarah Eder Investments; a firm focused on flips, multi-family properties, and lately larger-scale developments and commercial conversions. Relatively new to the real estate game, Sarah left her role as an international professional athlete only three years ago to dive into real estate and has managed to raise well over 7-figures of capital in that short time. She specializes in joint venture partnerships and has funded an entire portfolio using none of her own money; and is now a full-time investor, coach, and mentor.
This episode illustrates how the new generation of millennials changes and impacts old ways, even in real estate investing. Let Sarah tell us how she used social media to attract investors and raise capital. Definitely, it’s not all about posting a picture of yourself and your property.  
Topics Covered:
00:31 – Sarah shares her sport as a professional athlete before venturing into real estate investing 
01:39 – What made her decide to go into real estate investing
03:16 – Narrating how she started property management for student rentals
05:41 – Sarah tells how she used social media to attract investors and raise capital without getting into trouble with the trade commissions
08:17 – The best social media platform to start with
09:55 – Other social media platform that Sarah suggests to use
10:57 – How often to post contents on Facebook
11:34 – How to turn a stranger to be a partner investor
15:14 – Sarah offers coaching and training to intermediate-level investors
15:57 – Ways to connect and contact Sarah
16:47 – Biggest mistakes that Sarah sees to people trying to raise capital using social media
Key Takeaways:
“Frequency on social media matters a lot. Sometimes it’s not always what you’re saying, but even to get Facebook’s algorithms working properly so that enough people can see your content. They want to see that you’re posting, I say at least five days a week. So even if you can get into like a Monday to Friday posting schedule, you’ll start to boost and get Facebook working for you.” – Sarah Eder
“I would say that the biggest mistake I see people doing is not getting clear on what they’re posting. Some people think that they can show up every day and post a picture of themselves or property. And that’s going to be enough for people to reach out to them and be interested. But you have to have a bit of a purpose to what you’re posting. You have to think through the eyes of the investor.  What would they want to see from me in order for them to say, this is the person I want to work with?” – Sarah Eder
“I generally suggest spending time, in the beginning, developing a really powerful like brand and self-identity, so you know where you’re going with your social media strategy.” – Sarah Eder
Connect with Sarah Eder:
www.saraheder.com
Instagram
 
Connect with Dave Dubeau:
Property Profits Podcast
www.davedubeau.com
www.investorattractiondemo.com
Facebook
LinkedIn
 
Enjoyed the Podcast?
Please subscribe on iTunes for updates

Find out how to grow your portfolio through multifamily investing, know how you can make that jump with raising capital from just a hundred thousand all the way up to millions, without going into debt, and learn the advantages of multi-family properties over other real estate strategies.
 
Resources/Links
Multifamily Investing Canada – Facebook Group
https://www.multifamilyinvestingcanada.com/
Summary
Pierre-Paul Turgeon is one of Canada’s leading multifamily investing authorities and a former CMHC multifamily underwriter. He is also a successful multifamily investor with a portfolio of 160 doors worth over $22M while at the same time being a national coach, speaker, and trainer in this subject.
In this episode, Pierre-Paul shares value-packed info about investing in multi-family properties, how to go about earning more and lowering operational expenses, picking the right size properties that will give you maximum income, and why multi-family investing provides you with a quick wealth multiplier effect.
Topics Covered:
01:07 How he got involved in real estate
04:51 What are the advantages of multi-family properties over other strategies
10:17 Which property size would give you the most income
11:56 Is it possible to scale up without going through the baby steps
14:57 How does he see people just starting out raise capital of million amount without getting into debt
Key Takeaways:
“So the bigger, the better. This being said, beggars can’t be choosers. There’s always an opportunity cost. Even a small 10 sweeter will make you money. Just sit on it long enough and you’re in a reasonable market. You’ll pay your principal down and the property will appreciate, then you’ll get a bit of cash flow and you’ll always make money. But the more units within the building, the more money you make. There’s no doubt about it.” – Pierre-Paul Turgeon
“Apartment buildings are a lot less labor-intensive because when you crunch the numbers, you got two operating expense items, one for a professional property manager and one for the onsite manager. So they’re the parties that handled the hassle of being a landlord. All right, so more, more time to myself.” – Pierre-Paul Turgeon
“To me, real estate investing is like a recipe and you can have a fairly predictable outcome as long as you really do your homework and do your assessment and evaluation of the asset of the market and all that.” – Pierre-Paul Turgeon
 
Connect with Pierre-Paul Turgeon:
www.multifamilyinvestingcanada.com/
Facebook
Connect with Dave Dubeau:
Property Profits Podcast
www.davedubeau.com
www.investorattractiondemo.com
Facebook
LinkedIn
Enjoyed the Podcast?
Please subscribe on iTunes for updates