Property Profits Real Estate Podcast

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

Learn about the time-proven marketing strategy to employ in real estate, find out what strategies to using to ensure that you are investing right, and know what to consider when you get into buying revenue properties.
 
Resources/Links
http://www.rockstarinnercircle.com/
Summary
Nick Karadza started investing at 21 and built a real estate training company and brokerage focused on working with investors called Rock Star Real Estate, which has helped investors acquire over 1.4 billion dollars in real estate investment properties.
In this episode, let’s listen to Nick as he tells us the do's and don’ts of investing. Learn nuggets of wisdom that he’s discovered along the way that I’m sure will do you good, too, as you navigate your own real estate investing business.
Topics Covered:
01:09 – From a government employee to a real estate investor
03:00 – His buy, hold and own assets type of real estate strategy
07:31 – His thoughts about finding good deals and marketing and motivated sellers
09:53 – Nick talking about where their good deals are coming from 
11:50 – What does newbies or start-ups wrongly and usually fall into and what’s the best thing to do
17:30 – Why the need for a support system and following a proven path
Key Takeaways:
“Put a stake in the ground and then go reach it instead of just going saying, well I don’t know, like real estate. Understand what you’re doing and understand if that particular investment that the property and the strategy you’re choosing to use is actually going to get you one step closer to where you want to be.” – Nick Kadraza
“There’s value to figuring out what works for you and then just plodding away at it. It’s not sexy. It doesn’t make good for social media posts cause you’re doing the same thing over and over again. But man, if you figure out something that works for you and you can create repeatable results for yourself, why fix what ain’t broke, right?” – Nick Kadraza
Connect with Nick Karadza:
https://rockstarinnercircle.com
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 ins and outs of residential rental investment, know ways of profiting from land-lording the peaceful way, and learn how to treat your tenancy like it is a real business.
 
Resources/Links
https://terrieschauer.com/order-mindful-landlord-book/
Summary
Terrie Schauer is an investor, property manager, and broker. She has worked in Real Estate for over 20 years. She’s recently authored the book, Mindful Landlord, which looks at how to run rental property for profit and peace of mind For Terrie, investing in real estate is not just about the money, it’s about financial freedom as a way of life.
This is what inspires Terrie to manage properties for others, as well as to help other real estate investors to create more time and more freedom.
In this episode, learn Terri’s tactics and strategies that have created long-term profitability from real estate, spanning decades.
Topics Covered:
01:14 – Sharing  about her life as an athlete and what particular sports she’s into
01:57 – Winning a pretty impressive title in athletics
02:44 – Her accidental foray into real estate
03:40 – Buy and Hold as Terry’s real estate strategy
04:19 – Talking about her forte, multi-residential property homes
05:32 – What her book is all about
07:54 – What is “nickel and diming” 
09:50 – Her thoughts on “giving them an inch and they are taking a mile”
13:56 – Book alert: Mindful Landlord: How to Run Rental Property For Profit and Peace of Mind by Terrie Schauer
Key Takeaways:
“The book is marrying a little bit of my own mindset journey with some of the nuts and bolts stuff that you need to succeed in investing. As time goes on, I have observed my way of doing business changing and also seeing some mistakes and pitfalls that the investors that I managed properties for a run into.” – Terrie Schauer 
“I’m a big believer in personal responsibility and I always try to make my tenants sort of as responsible as possible. And that even happens in the way I communicate with them.”– Terrie Schauer 
“Treat your tenancy like your management as if it’s a business. If you only have one condo, it’s not like the tenant needs to know that, right? Like you can say it’s our policy to do this.” – Terrie Schauer 
Connect with Terrie Schauer:
www.terrieschauer.com
Facebook
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

Find out how to earn more in real estate investing than in the stock market, learn how to leverage SO MUCH more from a single-family home, discover what is house hacking, and the different ways to do it.
 
Resources/Links
http://www.biggerpockets.com/
Summary
Scott Trench is the  CEO of BiggerPockets.com, the largest real estate investing network on the internet. He’s also a personal finance nerd and author of “Set for Life” and host of The BiggerPockets Money Podcast, a real estate agent, and a real estate investor of which he currently owns 8 units across three properties in Denver, Colorado.
In this episode, Scott shares his real estate investment hacks to grow your portfolio and generate an income passively, if you are a newbie at real estate, check out all the different strategies he has for start-ups.
Topics Covered:
02:05 – His thoughts on real estate as a passive side hustle
03:09 – Book alert: Set for Life: Dominate Life, Money, and the American Dream By Scott Trench 
05:35 – How he got interested in the concept of financial freedom
08:26 – How to earn more in real estate than in the stock market
10:57 –  How to moderately leverage on your real estate investment
12:06 – What is house hacking
14:07 – Leveraging on a single-family home real estate
15:56 – Ways on how you can house hack your own residential home
17:18 – What to look forward to in Scott’s biggerpockets.com website
Key Takeaways:
“ I love and have been friends with many different investors who are, ‘Hey, this is my business. This is full time. I am, or I’m aggressively pursuing real estate with the intention to make it my full-time thing’. But I think it’s also a very viable approach for someone like me who’s got a full-time job that’s not real estate investing and still intends to deliver significant returns and excess of alternatives like stocks or other different asset classes through privately held real estate that I own and control.” – Scott Trench
“My philosophy around this is ’I’m going to buy consistent properties and I’m going to keep them reasonably leveraged  but make sure that I have strong cash flow and a strong cash cushion to fall back on’.” – Scott Trench
Connect with Scott Trench:
www.biggerpockets.com
Instagram
Bigger Pockets Money Podcast
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

Discover why planning ahead when it comes to your financing strategies is vital, learn about the key financing strategies before diving in, find out how to attract money partners, raise capital and stay out of trouble with the securities commission.
 
Resources/Links
Canadian Real Estate Investor Financing – 7 Secrets to Getting All the Money You Want by Dalia Barsoum
Summary
Dalia Barsoum is a multiple award-winning Mortgage Broker, Real Estate investor, and financial adviser with over 20 years of experience in the banking sector, spanning: Wealth Management, Lending, and Real Estate. Dalia holds an MBA in Finance from Dalhousie University and is a Fellow of the Institute of the Canadian Bankers Association.
In this episode, Dalia shares the nitty-gritty side of financing and do away all the challenges that come with it. Learn the strategies required in order to grow your portfolio, as well as getting tips on how to deal with and approach the right people to help you with your investments.
Topics Covered:
01:06 – Book alert:  Canadian Real Estate Investor Financing – 7 Secrets to Getting All the Money You Want by Dalia Barsoum
01:34 – How she got into being a real estate investor and eventually a mortgage broker
02:48 – About being a buy and hold investor
03:50 – Mistakes people commonly commit when investing in Real Estate
04:53 – The Pitfall of not planning ahead especially when it comes to financing
05:51 – The challenge of financing and how to do away with it
07:56 – About her having a great grasp on the numbers and financing guidelines and ability to structure deals
08:39 – How to spot a good deal
12:35 –  How to attract potential investors and raise capital for joint ventures
14:34 – Talking about pre-qualification requirement for clients and potential investors
17:28 – Discussing the confidential matters in financing
19:27 – Where their business is based
Key Takeaways:
“What I find helps everyone, not just clients, is surrounding yourself with people who have been in the same position, who have the experience to actually bring value to the table. When I started investing, it’s helped me tremendously to have the right coach by my side, the right realtor by my side who knew the local market, who knew what’s gonna rent for, what the vacancy rates are, what is a good tenant, what’s a bad tenant.” – Dalia Barsoum
“Definitely everyone is going to eventually run out of their own capital to invest and raising capital becomes a very important topic. So, from a financing standpoint, what I typically advise clients off, if you have a joint venture partner that is coming to the table to invest, it’s really important, first of all, to know what they’re capable of from a financing standpoint before you go shop for a deal. So they go through the same process that we take clients through in terms of planning the financing roadmap for those JV partners.” – Dalia Barsoum
“Sometimes clients rush into forming a corporation, but everybody on the corporation and you get a group of three or a group of four investing together, which really, really complicates financing from a residential standpoint. The commercial is not a problem, but residential becomes complicated. Before clients rush into, you know, these types of strategies again, I would suggest you talk to a mortgage advisor and say, okay, who are the best people to really go on this deal from a financing standpoint? How can we make our deals going forward, simple, and most attractive to the lenders? So putting everybody on a deal because they’re a JV partner, doesn’t really make sense all of the time. Sometimes it complicates things significantly.” – Dalia Barsoum 
Connect with Dalia Barsoum:
www.streetwisemortgages.com/
Connect with Dave Dubeau:
Property Profits Podcast
www.davedubeau.com
www.investorattractiondemo.com
Facebook
LinkedIn
Enjoyed the Podcast?
Please subscribe on iTunes for updates

Know how to raise capital without using your own money, discover why multi-family strategy lets you quit your job, and find out what is in it for you with multi-family investment.
 
Resources/Links
themichaelblank.com
Summary
Michael Blank is a leading authority on apartment building investing in the United States. He’s passionate about helping others become financially free in 3-5 years by investing in apartment building deals with a special focus on raising money. 
In this episode, Michael walks us through the exciting income-generating world of multi-family real estate. Be awed at his expertise, beginning from when you are a start-up up to the time you want to scale up and diversify your portfolio.
Topics Covered:
01:30 – How he got into Real Estate
03:09 – How many deals to have as a start-up to completely give up one’s job
04:34 – The wrong notion people get about multi-family properties
06:41 – Talking about his system for getting started with multi-family properties
08:02 – Thoughts on investing outside of your backyard
08:35 How to raise capital for real estate business
12:11 – How he got and when did he get into multi-family properties
13:31 – What one  strategy did he use in helping his clients
14:15 – Free E-book: How To Raise Money to Buy Your First Apartment Building.
Key Takeaways:
“So the biggest mistake people make is that they dismiss multi-family as an advanced strategy that they will get to after a decade of single-family house investing. After having saved up a bunch of money, they will then graduate to multi-family and it’s just not true.” – Michael Blank
“The first thing is you do have to educate yourself, to some degree. And I think at one point you have to start investing in yourself. But there’s a lot of free resources out there as well where you can actually educate yourself for either free or very little money. But you have to educate yourself a little bit because you have to appear knowledgeable and confident when you’re talking to other people.” – Michael Blank
“And my other advice is not to go out and raise money. My advice is to simply share your enthusiasm with people in an intentional way.  – Michael Blank
“..clarity allows them to be very, very clear on what action to take because someone’s very clear on something. It’s very easy for someone to take action versus someone who is not clear on what they want. It’s a wishy-washy thing and they might take some action here and my take some action here and nullifies what they did over here or complete inaction. So clarity is really important.” – Michael Blank
Connect with Michael Blank:
Email: michael@themichaelblank.com
themichaelblank.com
Connect with Dave Dubeau:
Property Profits Podcast
www.davedubeau.com
www.investorattractiondemo.com
Facebook
LinkedIn
Enjoyed the Podcast?
Please subscribe on iTunes for updates