Episodit
-
In this episode, we dive into Casey Franchini's journey of earning $140,000 a year from just eight rental properties, all while being a stay-at-home mom! 👩👧👦🏡 Casey shares how she managed to create financial freedom through single-family rentals and building wealth—all without working a traditional 9-to-5 job. 💼
Casey’s story is one of perseverance and grit. She moved from Southern California to Memphis, TN, and decided to take control of her family’s financial future by investing in rental properties. 📈 In this episode, she breaks down how she achieved time freedom and provides practical tips on getting started in real estate while juggling family responsibilities. 👨👩👧👦
🌟 Casey also talks about her coaching program and how she has helped her students purchase over 100 properties across various markets. She emphasizes the importance of finding the right properties and maintaining a balanced life while running a real estate business. 📚 If you're thinking about how to create passive income through real estate while balancing life’s demands, this episode is packed with valuable insights! 💡
🎯 **Key Highlights**:
• Casey went from a failed job to a stay-at-home mom, building a $140K rental income portfolio. 🏘️
• Balancing family, she found, bought, and managed rentals while raising kids. 🏡👩👧👦
• Casey shares mindset shifts that helped her overcome fear and start in real estate. 💪
• Step-by-step, she explains how she researched markets, analyzed deals, and closed her first rental. 💼💸🏘️ Real Estate Transaction Discussed During the Show:
Casey shared one of her favorite real estate transactions—a house she purchased off-market thanks to word of mouth. 🏡 She connected with a neighbor near one of her existing properties, who decided to sell her house. Casey bought the home for $170,000, signed the deal right on top of a trash can! 🗑️✍️ This transaction highlights the importance of networking and building relationships with neighbors and tenants.Another notable transaction Casey discussed involved a property where her client purchased a rental in Memphis, TN, for $67,000. They invested time and effort to get the property cash flowing at a steady rate. 📊 The deal demonstrates how important it is to act quickly and secure good deals when they come up. 💰🛠 Coaching Round Recap:
• Taking Action Consistently: Casey emphasizes that success in real estate doesn’t happen overnight. She advises her students to start small, with one rental at a time, and take consistent action. 📅
• Building a System: Casey teaches her students to build a repeatable process that allows them to save up from rental cash flow and reinvest it in more properties. 🏡📈
• Balancing Family and Business: A big part of Casey’s message is about maintaining balance between business and personal life. She encourages taking time for family, ensuring that your business doesn’t take over your life. 🧘♀️🏖️📚 Top Book Recommendation:
Casey recommends "The Power of the Subconscious Mind" by Joseph Murphy. 📖 This book helped her realize the importance of mindset in achieving her goals, transforming her approach to real estate and life. It taught her that success starts from within and that mindset is key to breaking through limitations. 🔑
Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication: https://moonlightcre.com/ebook_download/
Website: Moonlightcre.com
Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation
Click On The Link Below For More Information About Eric Lindsey:
https://linktr.ee/ericlindsey -
In this episode, we dive into how Donny Coram managed to flip hundreds of houses while working a full-time job! 💼🏡 Donny shares his journey from starting as a real estate agent during the 2007-2008 foreclosure crisis to building a successful flipping business—all while balancing his day job. 🏢 He explains the ins and outs of finding, funding, fixing, and flipping houses with a system that lets you keep your 9-to-5 while building wealth on the side. 🔨
Donny also touches on key strategies for managing stress and maintaining a work-life balance, ensuring that his real estate business didn’t take over his personal life. 🧘♂️ His story is perfect for those who think they don’t have time for real estate investing due to job or business commitments! 📚
If you're ready to learn how to invest in real estate without quitting your day job, this episode is packed with insights to help you succeed. 📈🎯 Key Highlights:
Donny's Real Estate Journey: From a real estate agent to a full-time investor, Donny shares how he got started in the world of real estate investing. 🏢
Flipping Houses with a Job: Donny explains how he managed to complete hundreds of flips while maintaining a day job, including his most notable transactions like the #SpringsHellHouse. 🔨
Foreclosure Deals: He provides insights into how to find, fund, and flip homes even while working a full-time job. 📚
Managing Stress: Donny shares his challenges and strategies for maintaining balance between his real estate business and personal life. 🧘♂️
🏘️ Real Estate Transaction Discussed During the Show: Take Notes and Learn
One of Donny’s most well-known deals was the Springs Hell House, a property he bought for $580,000 after it made national news due to extreme conditions. He and his team invested $130,000 in renovations, selling it for $845,000, and making a profit of $130,000. This transaction illustrates the importance of finding the right deals and leveraging media attention to increase value. 📊
Another transaction Donny discussed was a deal with his client, Sam, who purchased a property in Pueblo, Colorado, while living in New Jersey. Even though she never saw the property in person, Donny's team helped her manage the project from start to finish. The property was purchased for $130,000, remodeled for $35,000, and sold for $225,000—making Sam more than her target profit of $25,000. 💰🛠 Coaching Round Recap: Balancing Life and Business
Starting Small: Donny encourages new investors to start with one flip at a time. Even with a full-time job, you can achieve success by taking action consistently.
Leveraging Other People’s Time: Donny's system allows his clients to use local project managers and a remote team to help handle the heavy lifting while they maintain their day jobs.
Balance is Key: Donny stresses the importance of maintaining work-life balance and not burning out. He shares how taking time for himself and his family helped him stay grounded while running a high-volume flipping business.📚 Top Book Recommendation:
Donny highly recommends "The Power of One More" by Ed Mylett. This book has greatly influenced him, emphasizing the importance of going the extra mile. Whether it's making one more phone call or doing one more flip, this mindset has helped him excel in both business and life.💼 Connect with Donny:
You can find Donny on LinkedIn as Donny Coram if you’d like to connect and learn more about his real estate journey. 🤝[email protected]
Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication: https://moonlightcre.com/ebook_download/
Website: Moonlightcre.com
Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation
Click On The Link Below For More Information About Eric Lindsey:
https://linktr.ee/ericlindsey -
Puuttuva jakso?
-
Guest: Loren Jacobs, Co-Founder of Arrows Capital Group
Profile: Loren Jacobs is a seasoned commercial real estate professional with over a decade of experience. He holds equity in 750+ units, including 207 licensed CBRF beds, and manages assets totaling more than $100 million.
Episode Highlights:
Background:A fifth-generation real estate expert, Loren began his career with a single-family rental in high school, gaining early experience in property management.Expanded into multifamily and commercial real estate while working a traditional job.Career Transition:Shifted from stem cell research to steam engineering, balancing a demanding job with growing his real estate portfolio.Invested in learning through books, seminars, and networking, which facilitated his entry into commercial real estate syndication.Syndication Focus:Specialized in underwriting and networking; established a weekly meetup and underwrote over 100 deals for practice.Secured partnerships by offering free underwriting services to gain experience.Arrows Capital Group:Co-founded with a partner to manage a senior living portfolio, focusing on high-barrier, low-competition markets.Transitioned to senior living in 2021 due to market saturation in multifamily real estate.Deal Structure:Utilizes bridge financing and refinances with HUD loans for stability.Emphasizes day-one cash flow and maintains conservative financial reserves.Recent Deal: Recently closed on an assisted living portfolio with day-one cash flow and equity, utilizing a bridge-to-HUD financing strategy for long-term stability.
Moonlight Coaching Tips:
Advice for New Syndicators: Understand the fundamentals, legalities, and deal structures. Be willing to work for free to gain experience and add value.Balancing Business and Life: Prioritize time management and make necessary sacrifices to balance education and real estate work.Starting in Assisted Living: Learn about both multifamily and senior living operations, find a mentor, and offer value before expecting returns.Passive Investing Benefits: Allows you to learn from experienced operators while earning returns and enjoying financial benefits.Book Recommendation: The Go-Giver by Bob Burg – A short but impactful book that highlights the importance of a service-based mindset in business.
Contact Loren: Reach out via email: [email protected]
Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication: https://moonlightcre.com/ebook_download/
Website: Moonlightcre.com
Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation
Click On The Link Below For More Information About Eric Lindsey:
https://linktr.ee/ericlindsey -
Guest: Brett Synicky, a self-directed IRA and solo 401k consultant at Sense Financial with over 10 years of real estate investing experience and a licensed California real estate agent, helps individuals achieve financial independence through smart real estate transactions.
Episode Highlights:
Introduction and Brett's Background:
Brett began his real estate journey while working a W-2 job, following his family’s footsteps in Southern California real estate.After purchasing multiple properties during the boom, he learned during the 2008 financial crisis that profits are made at purchase, not from assumed appreciation.In 2014, he transitioned to a full-time real estate career, joined Sense Financial, and specialized in self-directed IRAs and solo 401ks.Lessons from the 2008 Financial Crisis:
Brett shared how his interest-only loans came due, and he realized relying on W-2 income for property losses was unsustainable.This experience shifted his focus to helping others adopt smarter investment strategies.Benefits of Self-Directed IRAs and Solo 401ks:
Brett highlighted the benefits of these accounts, including greater control over retirement funds, investment flexibility, and "checkbook control" for faster, fee-reduced transactions.They allow investments in nearly anything except collectibles and life insurance.Real Estate Inside and Outside Retirement Accounts:
Brett discussed the advantages of holding real estate both inside (tax benefits) and outside (depreciation and other tax advantages) retirement accounts.He recommended balancing both strategies for optimal financial growth.Strategies for W-2 Employees:
W-2 employees can invest in real estate through a self-directed IRA, even if their 401k is tied up with a current employer.Leaving a job allows for rolling over a 401k into a self-directed IRA or solo 401k, opening more investment opportunities.Solo 401k Advantages:
Solo 401ks offer higher contribution limits than IRAs and no UBIT on leveraged real estate, making them ideal for self-employed individuals.Even side businesses can qualify, providing flexibility for those with a full-time job and a side business.For more info, contact Brett at [email protected].
Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication: https://moonlightcre.com/ebook_download/
Website: Moonlightcre.com
Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation
Click On The Link Below For More Information About Eric Lindsey:
https://linktr.ee/ericlindsey -
Rod Khleif - A seasoned real estate investor and host of the world’s largest commercial real estate podcast. Rod has owned over 2,000 houses and built a real estate empire after immigrating to America with nothing. In this episode, Rod shares his journey, mindset, and strategies that helped him lose $50 million and then rebuild it all.
Episode Highlights:
Introduction and Rod’s Background:
Immigrated from the Netherlands with nothing, facing financial struggles growing up. 🌍Built a successful real estate career after overcoming significant early failures. 🏠📉Known for his emphasis on mindset and psychology as key components of success. 🧠💡The Importance of Mindset and Psychology:
How 80-90% of success is driven by mindset, not just technical knowledge. 💭📈The critical shift in mindset that took him from making $10,000 to over $100,000 in just one year. 🚀Building and Losing a $50 Million Net Worth:
Rod’s experience of seeing his net worth skyrocket by $17 million in one year. 📊💸The humbling experience of losing $50 million during the 2008 crash and the lessons he learned. 💥🧠Recovering and Rebuilding After Financial Loss:
The mindset strategies Rod used to recover from massive financial loss. 🔄💪The importance of setting clear goals and having a burning desire to succeed. 🎯🔥Balancing Life, Business, and Real Estate:
How to maintain family priorities while pursuing business goals. 👨👩👧👦💼Using time-blocking and goal-setting to manage both personal and professional life. ⏰📅Real Estate Investment Tips:
The importance of understanding the basics before investing in real estate syndications. 🏢💡Educate yourself and never invest in something you don’t fully understand. 📚🎓Moonlight Coaching Questions Asked and Answered:
New Investor Tips: Start by educating yourself and ensuring any deal you consider cash flows from day one. 📊💡Balancing Business and Life: Prioritize your family, use time-blocking, and leverage mornings to get things done. 🌅👨👩👧👦Starting with Little Cash: Begin by finding deals and partnering with investors. 🏠💰Knowing Your Numbers: Understand every detail of your expenses and income in real estate. 📈🔍Book Recommendations:
"Turning Pro" by Steven Pressfield 📚"The Slight Edge" by Jeff Olson 📖"The Miracle Morning" by Hal Elrod 🌅Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication: https://moonlightcre.com/ebook_download/
Website: Moonlightcre.com
Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation
Click On The Link Below For More Information About Eric Lindsey:
https://linktr.ee/ericlindsey -
From Starting a Real Estate Side Business as a Firefighter to Becoming a Full-Time Entrepreneur in Belize with David Kafka 🌍🔥
Guest: David Kafka, founder and director of Caribbean Capital Group, LLC, specializes in raising capital for passive investments in Belize. David shares his journey from being a firefighter and side hustling in real estate to moving to Belize and becoming a full-time entrepreneur. His story is packed with valuable insights on balancing a demanding job with real estate investments and eventually transitioning to a full-time entrepreneurial lifestyle.Episode Highlights:
Introduction and David’s Background:David's Journey: David started his real estate journey at 21 while working as a firefighter 🚒. He initially invested in single-family homes while juggling his full-time job and a side landscaping business 🌱. His strong work ethic and passion for real estate eventually led him to sell everything in the U.S. and move to Belize in 2008.
Challenges in Belize: David observed dishonest practices in the Belizean real estate market and saw an opportunity for someone with ethics to succeed. His integrity and relationship-focused approach became the cornerstone of his business in Belize 🌴.
Balancing Act: David managed his U.S. investments and businesses while working full-time by maintaining a strong work ethic, putting in long hours, and staying committed to his goals. He emphasizes the importance of relationships, ethics, and hard work in achieving success.
Real Estate Transactions Discussed During the Show: Take Notes and Learn 📚:
Diversification and Value Add Strategy: David shared his experiences of expanding his investments beyond Belize to include properties in Mexico and Nicaragua 🏘️. He also discussed the importance of diversification in building a resilient investment portfolio.
Hotel Syndication in Belize: David syndicated a hotel called Mariposa in Placencia, Belize. The hotel offered a 6% preferred return with a 50/50 split and an alternative 10% preferred return with no split. Interestingly, all investors chose the 6% with a 50/50 split, believing in the business plan and potential returns 🌟.
Value Add Component: David’s team is currently adding six new treehouse units, a spa, and a butterfly farm 🦋 to enhance the property's appeal and value. These additions are expected to increase the hotel's value significantly, leading to higher returns for investors.
Moonlight Coaching Round 🌙:
New Investor Tips: David emphasizes the importance of knowing your operator in syndications. The team managing the property is more crucial than the property itself; a good team can make or break a deal 🧠.
Balancing Business and Life: David shared his strategy of giving his wife veto power over his business decisions to ensure balance and prioritize family life 👨👩👦. He admits that maintaining balance is challenging but essential.
Starting with Limited Resources: David advises new entrepreneurs to invest in themselves through education and surround themselves with smarter, more experienced people 📚. Attending events and building a strong network are crucial steps to success.
Book Recommendation 📖:
"Cashflow Quadrant" by Robert Kiyosaki: This book helped David transition from being a W-2 and 1099 worker to becoming an investor. It’s highly recommended for understanding the mindset and strategies needed to achieve financial independence.
-
Meet Corri Golden, a full-time real estate investor with a diverse portfolio of single-family and small multifamily properties across Tennessee and Kentucky. Corri is also a general partner in over 500 units in multifamily apartments across Tennessee, Kentucky, and North Carolina, with a portfolio value exceeding $50 million. His real estate journey began in 2004 as a commercial real estate affiliate broker while earning his degree in business and real estate urban development.
Episode Title:
From Property Management Company Employee to Multifamily Apartment Syndicator with Corri GoldenEpisode Highlights:
Introduction and Corri's Background:
Corri’s transition from a property management company employee to a full-time multifamily apartment syndicator. 🏢→🏠The unique path Corri took into real estate investing, including his early interest in becoming a tennis player and the impact of Rich Dad Poor Dad. 🎾📚Experience working as a commercial real estate affiliate broker during the 2008 crash and later transitioning into real estate investing. 💼Balancing a W-2 Job and Real Estate:
Corri discusses continuing to work as a property manager while beginning his real estate investment journey, including using the 3.5% owner-occupied strategy to purchase properties. 🕒🏢The importance of time management and leveraging time for learning and networking in real estate while still employed full-time. 📚🎧Insights on working with direct-to-owner deals and the advantages of eliminating brokers to achieve better value. 💼🤝Real Estate Transaction Discussed During the Show: Take Notes and Learn:
A detailed account of a multifamily property deal in Murfreesboro, Tennessee, where Corri utilized economies of scale for better returns. 🏗️The significance of building relationships with brokers to secure deals and successfully closing on multiple properties. 🤝🏠Challenges faced during a capital raise, particularly in a high-interest-rate market, and how expanding their investor network helped overcome these obstacles. 💼💰Moonlight Coaching Questions Asked and Answered:
New Investor Tips: Ensure you thoroughly vet the operator before investing in syndications. Speak to multiple references and ask tough questions about their past deals. 📊💡Balancing Business and Life: Corri emphasizes the importance of defining your ideal life and being efficient with your time, sharing a technique of using 15-minute timers to stay focused and productive. ⏰👨👩👧👦Starting with Limited Time: Leverage other people’s strengths and make efficient use of your time by focusing on education, networking, and finding opportunities that align with your goals. 📚🎧Starting with Little Cash: Educate yourself, build a network, and consider offering sweat equity to gain experience and income. 🏠💪Knowing Your Numbers: Understand and analyze expenses and income to ensure your real estate investments are profitable. 📈🔍Book Recommendation:
Love is the Killer App by Tim Sanders: A guide to doing business the right way, with a focus on connecting people and providing value. ❤️📘
Connect with Corri Golden:
[email protected]Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication: https://moonlightcre.com/ebook_download/
Website: Moonlightcre.com
Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation
Click On The Link Below For More Information About Eric Lindsey:
https://linktr.ee/ericlindsey -
Founder of IMC Money, Chad has been a real estate investor and hard money lender since 1993. With over $3.5 billion funded in real estate transactions, he specializes in providing straightforward lending solutions for fix-and-flip and buy-and-hold investors. Based in San Diego, Chad balances his successful business with family life.
Episode HighlightsIntroduction and Chad's Background
Born in Southern California in the late 1960s, one of 14 children. 🌴👨👩👧👦Attended BYU, studied communications and business, and began working for a real estate consulting firm. 🏢📚Dropped out of school to pursue real estate full-time, founding IMC Money in 1993. 🚀Funded over $3.5 billion in real estate transactions, continuing to flip houses and lend money for real estate deals. 💰📈Starting in Real Estate
Inspired by late-night infomercials, Chad joined Dave Del Dotto's sales team. 📺💼Began flipping houses on the side while working, eventually quitting to focus on real estate full-time. 🏠🔄Learned the mortgage business from the ground up, founding IMC Money to address financing challenges for investors. 💵🏢Business Purpose Lending
Simplified Loan Process:Provides 90% of the purchase price and 100% of the rehab for fix-and-flip projects. 🛠️💸Business-to-business loans using real estate as collateral. 🏠🔒No W-2s, pay stubs, or income verification required. 📑❌Fix-and-Flip Financing:Minimum loan amount: $100,000, Maximum: $2.5 million for first-time investors, up to $10 million for experienced investors. 💵📊Operates on a reimbursement model for rehab costs, ensuring investors have the necessary funds throughout their projects. 🔄💰Loan Terms and Interest Rates:Competitive interest rates ranging from 7% to 12% based on investor experience. 📈💼Terms typically range from 5 to 10 years, with options for 30-year amortization. 📆🏢Real Estate Transaction Discussion
Collateral and Security:Hard money loans secured by placing a lien on the property. 🏠🔒No federal guidelines involved; strictly business-to-business lending. 🏢🏠Loan Requirements and Qualifications:90% of the purchase price covered, 100% of the rehab costs. 🛠️💸Maximum loan amount depends on ARV, with a focus on deals having at least a 30% gross profit margin. 📊📋Moonlight Coaching Questions
Balancing Business and Life:Emphasizes spending leisure time with family and enjoying life outside of work. 🌅👨👩👧👦Continuous learning and strategic planning for long-term success. 📚🔄Understanding Loan Metrics:Important metrics include ARV, ROI, and exit strategy. 📈🔍Uses appraisals and inspections to ensure property value and protect all parties involved. 🏠🔍Connect with Chad:
Website: IMC Money 🌐Email: [email protected] 📧TikTok: Flipping Today 🎥Facebook Group: Flipping Today with 135,000 members 📱
Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication: https://moonlightcre.com/ebook_download/
Website: Moonlightcre.com
Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation
Click On The Link Below For More Information About Eric Lindsey:
https://linktr.ee/ericlindsey -
🌟 Guest: Mike Strodtman, founder and president of Blue Skies Equity, has been a real estate investor since 2009. With a background in city planning and a master’s in urban and regional studies, he specializes in multifamily, self-storage, retail, and industrial properties through syndication and joint ventures. Mike continues to work his W-2 job while investing in real estate.
Episode Highlights:
Introduction and Mike's Background:
Balancing city planning career with real estate investing. 🏢+🏠
Started with single-family homes and moved to multifamily and commercial properties.
Benefits of Syndication and Joint Ventures:
Power of pooling resources to buy more real estate. 📈
Benefits for busy individuals who love real estate but lack time. 🕒
Being a Limited Partner (LP):
Investing money and trusting sponsors to execute plans. 💼
Mike’s experience of being an LP for seven years before becoming an active syndicator.
Balancing a W2 Job and Real Estate:
Strategies include time blocking, early mornings, and leveraging VAs. ⏰💼
Real Estate Transaction Discussed:
Detailed account of a ground-up construction project during COVID-19. 🏗️
Importance of relationships with contractors and bankers. 🤝
Moonlight Coaching Questions Asked and Answered:
New Investor Tips: Ensure deals cash flow from day one. 📊💡
Balancing Business and Life: Prioritize family time, leverage early mornings. 🌅👨👩👧👦
Starting with Limited Time: Get educated through podcasts, books, and mentorship. 📚🎧
Starting with Little Cash: Find deals and bring them to investors. 🏠💰
Knowing Your Numbers: Understand expenses and income. 📈🔍
Book Recommendation:
"Tax-Free Wealth" by Tom Wheelwright. 📘💵
Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication: https://moonlightcre.com/ebook_download/
Website: Moonlightcre.com
Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation
Click On The Link Below For More Information About Eric Lindsey:
https://linktr.ee/ericlindsey -
How to Buy RV Parks and Mobile Home Parks with Ryan Groene 🚐🏡
Meet Ryan Groene, a former corporate finance professional who "burned the boats" by quitting his day job, took the leap into real estate investing, and never looked back! Ryan's journey from the corporate world to owning multiple RV and mobile home parks is nothing short of inspiring. If you're looking for actionable insights on how to balance job commitments with real estate tasks, this episode is for you! 🚀
Episode Summary
In this episode, Ryan Groene shares his incredible journey from working a 9-to-5 in corporate finance to becoming a full-time real estate investor. Initially working for a large insurance company in Cincinnati, Ryan realized he wanted more than just a typical W-2 job. He started exploring various business opportunities, including car washes, laundromats, and apartments, but ultimately found his passion in mobile home parks.
Ryan's first real estate deal was a mobile home park, which he purchased using his 401k savings as a down payment. This bold move transitioned him from a corporate professional to a real estate mogul, managing over 1,200 units across the Midwest and Southeast. Ryan emphasizes the importance of education, networking, and hands-on experience in achieving success in real estate.
Key Takeaways
Balancing Job Commitments with Real Estate: Ryan managed to buy and handle real estate investments while working full-time by meticulously planning and utilizing his time efficiently. He leveraged his corporate skills in financial analysis and underwriting to evaluate deals and make informed decisions. 🕰️📊Transitioning to Full-Time Real Estate Investing: Ryan's journey is a testament to the power of taking risks and following your passion. He emptied his 401k to invest in his first mobile home park, which served as the foundation for his real estate career. Ryan's strategic planning and willingness to learn and adapt were crucial in his transition from a W-2 job to full-time investing. 🔥💼Education and Networking: Continuous learning and networking played a significant role in Ryan's success. He attended courses, read extensively, and connected with fellow investors to gain insights and knowledge about the industry. His proactive approach to education and networking helped him stay ahead in the competitive real estate market. 📚🤝Real Estate Transactions Discussed During the Show: Take Notes and Learn
Ryan shares insights into some of his notable deals, including his first mobile home park in Fayetteville, North Carolina. Purchased for $700,000 through seller financing, this park had its challenges, including a contaminated water well. However, Ryan and his team turned these challenges into opportunities by connecting to city water, raising rents, and improving the property, eventually selling it for a significant profit. 💵🏘️
Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication: https://moonlightcre.com/ebook_download/
Website: Moonlightcre.com
Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation
Click On The Link Below For More Information About Eric Lindsey:
https://linktr.ee/ericlindsey -
Ever wondered how to juggle a full-time job and real estate investments? Meet Shawn Winslow, founder of Greenbrier Capital Group. He mastered balancing his demanding investment banking role in Boston with building a thriving real estate business. 🌟 If you want to invest in real estate while working a full-time job, Shawn’s story is the inspiration you need.
🔍 Shawn's Secrets to Success:
💼 Double Duty: Shawn excelled in both his investment banking job and real estate ventures. Learn how he managed a 9-to-5 job while acquiring and managing profitable multifamily properties.
⏰ Time Management: Discover Shawn’s disciplined time management tips that allowed him to prioritize tasks and make the most of every minute.
📈 Strategic Planning: From identifying opportunities to executing deals, Shawn’s strategic approach and leveraging his network were key to navigating complex transactions and enhancing property values.
🤝 Networking: Shawn emphasizes the power of building and maintaining relationships, mentorship, and partnerships in the real estate world.
📚 Real Estate Transaction Breakdown:
🏠 Finding the Deal: During routine check-ins with his property manager, Shawn discovered an 18-unit off-market property in New Hampshire.
💰 Funding the Dream: Partnering with others, Shawn raised around $800,000-$900,000 through syndication to secure the property, despite its deferred maintenance challenges.
🔧 Transforming the Property: With a solid plan, Shawn tackled renovations, repositioned the tenant base, and leveraged housing voucher programs for higher rental rates.
🎯 Executing the Exit: Shawn’s strategy focused on adding value and improving performance, aiming for a profitable exit and solid returns for investors.
💬 Tune In & Learn:
📅 Effective Time Management: Balance your day job with your real estate dreams by prioritizing tasks and managing time efficiently.
🗺️ Strategic Planning: Navigate complex transactions with confidence by leveraging your network and planning strategically.
🤝 Persistence & Networking: Build and maintain strong relationships within the industry, seek mentorship, and form partnerships to achieve success.
Join us to hear Shawn's full story and get inspired to take your real estate journey to the next level, even while working a full-time job! 🚀🏢🎧
#RealEstateInvesting #CareerSuccess #InvestmentBanking #FinancialFreedom #Networking #RealEstateJourney #Moonlighting #TimeManagement #SuccessStory
Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication: https://moonlightcre.com/ebook_download/
Website: Moonlightcre.com
Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation
Click On The Link Below For More Information About Eric Lindsey:
https://linktr.ee/ericlindsey -
In this episode, Sarah Weaver shares her journey of balancing a full-time remote job with her real estate investment business. She explains how she managed her time effectively, utilizing strategic planning and robust networking to achieve success. Sarah’s story is a valuable guide for anyone trying to juggle a job and a growing real estate portfolio.
📋 Real Estate Transaction Breakdown
🧭 Decision-Making
Sarah secured a duplex in Des Moines, Iowa, by leveraging her network.
💼 Acquisition and Management
Partner-funded down payment and remote property management using tools like Hospitable and Turno.
🔨 Management During the Investment
Using tools like Hospitable, Turno, and her virtual assistant, Sarah managed the property remotely, maintaining high occupancy and profitability.
💵 Exit Strategy
Quarterly evaluation of profitability and return on equity, considering lines of credit or cash-out refinancing.
🗝️ Key Takeaways from Sarah’s Experience in Real Estate Development
📅 Effective Time Management
Utilize disciplined time management to balance multiple responsibilities. Prioritize tasks and allocate time efficiently.
🗺️ Strategic Planning
Leverage your network and plan strategically to navigate complex transactions and enhance property values.
🤝 Persistence and Networking
Build and maintain strong industry relationships. Seek mentorship, partnerships, and networking opportunities for success.
🗝️ Coaching Segment Summary
Advice for New Investors:
Question: What should every new real estate investor know before investing?
Answer: Sarah emphasizes the importance of analyzing deals independently. Trusting others can be risky, so invest in education to confidently assess deals.
Question: What advice would you give to someone balancing a full-time job and real estate investments?
Answer: Sarah advises finding a balance between work and life. Work smart, be present, and prioritize tasks to achieve long-term goals.
Question: How can someone with a full-time job start a real estate business and scale?
Answer: Dedicate consistent, small efforts daily to build relationships and analyze deals. House hacking is a practical entry point with low initial costs.
Question: If a person had very little cash and experience, what would you recommend they do to start?
Answer: Sarah recommends house hacking. Her first properties were bought with low down payments and quickly recouped their costs. Living in a property while renting out rooms minimizes expenses and builds equity and experience.
Question: What is the greatest coaching advice you could give about knowing your numbers?
Answer: Sarah suggests hiring someone to help if numbers aren’t your strength. Investing in assistance for understanding your financials is worth it. Knowing your numbers is crucial for effectively managing and auditing your investments.
By applying these takeaways—managing time effectively, leveraging strategic planning, and persistently networking—aspiring real estate investors can navigate the industry's challenges and achieve similar success.
#RealEstateInvesting #FinancialFreedom #ProfessionalGrowth #RealEstateSuccess #Warriors
Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication: https://moonlightcre.com/ebook_download/
Website: Moonlightcre.com
Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation
Click On The Link Below For More Information About Eric Lindsey:
https://linktr.ee/ericlindsey -
In this episode, John Todderud shares his experience balancing his responsibilities as an IT professional with his real estate investment business. He delves into how he managed his time effectively, leveraging strategic planning and strong networking skills to succeed in both areas. John’s insights provide valuable lessons for anyone looking to juggle two major endeavors.
Balancing IT and Real Estate: John Todderud’s Success Story
John Todderud shares his journey of balancing an IT career with real estate investments, emphasizing strategic planning and networking.
🔑 Key Takeaways:
📅 Effective Time Management:
John balances his IT job and real estate investments by prioritizing tasks and managing time efficiently.🗺️ Strategic Planning:
He uses his network to navigate transactions and enhance property values, managing investments from acquisition to sale.🤝 Persistence and Networking:
John highlights the importance of mentorship, partnerships, and networking in real estate success.📋 Real Estate Transaction Breakdown:
🧭 Decision-Making:
John identified an undervalued property, analyzed market trends, and conducted thorough due diligence.💼 Acquisition:
He secured financing through syndication, negotiated favorable terms, and structured a competitive mortgage.🔨 Management:
John focused on smart renovations and hired professional management, maintaining high occupancy rates and tenant satisfaction.💵 Exit Strategy:
John aimed for property appreciation through effective management and renovations, ultimately selling at a substantial profit.🗝️ Key Lessons:
📅 Time Management:
Balance responsibilities through disciplined time management.🗺️ Strategic Planning:
Use your network and plan strategically to navigate and enhance property values.🤝 Networking:
Build and maintain strong industry relationships for mentorship and partnerships.Coaching Segment Summary:
New Investors: Real estate is a long-term game. Focus on learning and building relationships.Syndication: Building knowledge and networking can take over a year to secure the first deal.Work-Life Balance: Work smart, be present, and prioritize tasks for a healthy balance.Starting with No Cash: Leverage time and expertise to add value to partnerships.Passive Investment Benefits: Enjoy tax benefits, steady income, and high-quality deals without management hassles.By managing time, planning strategically, and networking persistently, aspiring real estate investors can achieve success.
#RealEstateInvesting #Moonlighting #FinancialFreedom #ProfessionalGrowth #RealEstateSuccess #Warriors
-
Balancing Life and Investing and Retiring Early Using Real Estate with John Todderud
In this episode, John Todderud shares his experience balancing his responsibilities as an IT professional with his real estate investment business. He delves into how he managed his time effectively, leveraging strategic planning and strong networking skills to succeed in both areas. John’s insights provide valuable lessons for anyone looking to juggle two major endeavors.🔑 Key Takeaways:
📅 Effective Time Management: John balances his IT commitments with real estate investments through disciplined time management. He prioritizes tasks and allocates time efficiently to handle multiple responsibilities.
🗺️ Strategic Planning: He leverages his network to navigate complex transactions and enhance property values. Strategic planning helps him manage various aspects of investments from acquisition to selling.
🤝 Persistence and Networking: Building and maintaining relationships is crucial in real estate. John emphasizes the value of mentorship, partnerships, and networking to achieve success.📋 Real Estate Transaction Breakdown from Our Discussion: Take Notes
🧭 Decision-Making Process: John identified a multifamily property in an emerging market with high rent growth potential. He conducted thorough research and leveraged broker relationships to find undervalued properties in need of renovation.
💼 Acquisition and Initial Management: After finding a promising property, John conducted a comprehensive financial analysis, including reviewing T12 statements, rent rolls, and maintenance records. He secured financing through a combination of savings, bank loans, and investor capital.
🔨 Management During the Investment: John executed a well-planned renovation strategy, coordinating with contractors to complete updates on time and within budget. He maintained open communication with his property management team to manage tenant relations and minimize vacancies.
💵 Exit Strategy: John maximized the property's value and timed the sale to coincide with peak market demand. He ensured all renovations were completed and marketed the property through his broker network, attracting competitive offers and selling at a significant markup.🗝️ Key Takeaways from John’s Experience in Real Estate Investing and How You Can Use Them:
📅 Effective Time Management: Utilize disciplined time management to balance multiple responsibilities effectively. Prioritize tasks and allocate time efficiently.
🗺️ Strategic Planning: Leverage your network and plan strategically to navigate complex transactions and enhance property values.
🤝 Persistence and Networking: Build and maintain strong relationships within the industry. Seek mentorship, partnerships, and networking opportunities to open doors to success.Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication: https://moonlightcre.com/ebook_download/
Website: Moonlightcre.com
Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation
Click On The Link Below For More Information About Eric Lindsey:
https://linktr.ee/ericlindsey -
In this episode, Christopher shares his experience balancing his responsibilities as a college student at Vanderbilt with his real estate investment business. He delves into how he managed his time effectively, leveraging strategic planning and strong networking skills to succeed in both areas. Christopher’s insights provide valuable lessons for anyone looking to juggle two major endeavors.
🔑 Key Takeaways:
📅 Effective Time Management: Christopher balances his college commitments with real estate investments through disciplined time management. He prioritizes tasks and allocates time efficiently to handle multiple responsibilities.
🗺️ Strategic Planning: He leverages his network to navigate complex transactions and enhance property values. Strategic planning helps him manage various aspects of investments from acquisition to selling.
🤝 Persistence and Networking: Building and maintaining relationships is crucial in real estate. Christopher emphasizes the value of mentorship, partnerships, and networking to achieve success.
📋 Real Estate Transaction Breakdown from Our Discussion: Take Notes
🧭 Decision-Making Process: Christopher identified an 11-acre agricultural site in Indianapolis with potential for multifamily development. He put the site under contract contingent on rezoning approval, showing foresight and strategic thinking.
💼 Acquisition and Initial Management: Partnering with others, Christopher secured financing through a private money lender by pledging collateral. This creative strategy allowed them to acquire the property without upfront costs.
🔨 Management During the Investment: He successfully navigated the rezoning process, engaging with community members and handling delays. His persistence paid off, significantly increasing the property's value.
💵 Exit Strategy: After increasing the property’s value through rezoning, Christopher and his partners aimed to sell the property to a developer for multifamily construction. This value creation approach leveraged their initial investment for substantial returns.
🗝️ Key Takeaways from Christopher’s Experience in Real Estate Development and How You Can Use Them:
📅 Effective Time Management: Utilize disciplined time management to balance multiple responsibilities effectively. Prioritize tasks and allocate time efficiently.
🗺️ Strategic Planning: Leverage your network and plan strategically to navigate complex transactions and enhance property values.
🤝 Persistence and Networking: Build and maintain strong relationships within the industry. Seek mentorship, partnerships, and networking opportunities to open doors to success.Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication: https://moonlightcre.com/ebook_download/
Website: Moonlightcre.com
Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation
Click On The Link Below For More Information About Eric Lindsey:
https://linktr.ee/ericlindsey -
In this episode, Eric Melnikoff shares his experience balancing his responsibilities as a real estate broker while being an active real estate investor.
🔑 Key Takeaways:
🕒 Effective Time Management: Eric balanced his brokerage commitments with real estate investment tasks through effective time management and strategic planning. He scheduled specific times for investment activities, ensuring consistency.
🧩 Strategic Planning: He leveraged his network to efficiently handle various aspects of his investments, from acquisition to renovation and selling.
🤝 Persistence and Networking: Eric emphasized the value of coaching, mentorship, and networking in his success. He suggested that aspiring investors should seek learning opportunities and surround themselves with experienced professionals.
📋 Real Estate Transaction Breakdown from Our Discussion Take notes and learn how Eric completed a recent transaction:
🏠 Decision-Making Process: Eric identified a condo priced at $220,000, significantly below its market value. He conducted thorough research and market analysis to evaluate its potential resale value, focusing on properties with high return potential through strategic improvements.
📝 Acquisition and Initial Management: He secured the property with a $5,000 deposit, ensuring all legal and financial documentation was in place. Eric planned renovations to enhance the property's value, coordinating with contractors and inspectors to assess and plan the required improvements.
🛠️ Management During the Investment: Eric maintained close oversight of the renovation process, ensuring the work stayed within budget and met quality standards. His hands-on approach included regular site visits and coordination with contractors to address any issues promptly.
💰 Exit Strategy: Eric's exit strategy involved flipping the property for a profit. After completing the renovations, he listed the condo for $325,000. Utilizing strategic marketing techniques, the property sold swiftly, netting him a $32,000 profit.
🗝️ Key Takeaways from Eric Melnikoff's Experience in Managing a Real Estate Brokerage and Buying Real Estate Part-Time and How You Can Use Them:
🕒 Effective Time Management: Utilize specific times for real estate activities to ensure consistency and balance with your business commitments.
🧩 Strategic Planning: Leverage your network and plan renovations efficiently to enhance property value.
🤝 Persistence and Networking: Seek coaching, mentorship, and networking opportunities to gain valuable insights and guidance.
By applying these takeaways—managing time effectively, leveraging strategic planning, and persistently networking—aspiring real estate investors can navigate the challenges of the industry and achieve similar success.
#RealEstateInvesting #SideHustle #FinancialFreedom #ProfessionalGrowth #RealEstateSuccess #Warriors
Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication": https://moonlightcre.com/ebook_download/
Website: Moonlightcre.com
Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation
Click On The Link Below For More Information About Eric Lindsey:
https://linktr.ee/ericlindsey -
Retiring Early Through Real Estate: Why Powell Chee Left an Amazing Career 🌟🏡💼
Curious about balancing a full-time job and real estate investing? In this episode, Powell Chee shares his experience managing self-storage and multifamily properties while maintaining a corporate sales job and family commitments.
🔑 Key Takeaways:
• ⏰ Time Management: Powell utilized early mornings for personal development and real estate tasks, dedicating up to three hours daily to activities like meditation, reading, exercising, and underwriting deals.
• 🏦 Flexibility and Strategic Planning: Powell made calls and listened to podcasts while driving between appointments, leveraging the flexibility of his sales job to stay productive.
• 💪 Persistence and Networking: Powell's success in securing financing for a large self-storage portfolio, despite rising interest rates, highlights the importance of persistence and networking. He communicated with various lenders and adapted to their requirements to close the deal successfully.
🏢 Real Estate Transaction Breakdown
Powell's notable deal in four steps:
1. 📊 Decision-Making Process: Identified an opportunity to purchase a portfolio of seven self-storage properties in Texas. Leveraged an existing relationship with a broker who advised him to submit a lower offer.
2. 📈 Management During Investment: Faced challenges securing financing due to rising interest rates and varying lender requirements. Communicated with regional banks, local banks, credit unions, debt funds, bridge lenders, CMBS lenders, and life insurance companies.
3. 🚀 Execution and Overcoming Hurdles: The transaction extended into 2023 due to interest rate volatility. Continuous communication with lenders and adapting to their requirements ensured the deal closed successfully.
4. 💡 Exit Strategy: Plans to enhance the portfolio's value through improved management and increasing occupancy rates. The exit strategy involves selling the portfolio at a higher value or holding it for steady cash flow and long-term appreciation.
🗝️ Key Takeaways from Powell Chee's Experience in Real Estate Investing and How You Can Use Them
• ⏰ Effective Time Management: Utilize early mornings for personal development and real estate tasks to maximize productivity.
• 🏦 Flexibility and Strategic Planning: Leverage job flexibility for real estate activities and strategic planning.
• 💪 Persistence and Networking: Communicate persistently with lenders and adapt to their requirements to secure financing.
By applying these takeaways—managing time effectively, leveraging job flexibility, and persistently networking—aspiring real estate investors can navigate the challenges of the industry and achieve similar success.
📞 Contact Information
To connect with Powell Chee and learn more about his work, reach out to him via social media. He is active on platforms such as LinkedIn, where he shares insights and updates on his real estate ventures.
#RealEstateInvesting #SideHustle #FinancialFreedom #ProfessionalGrowth #RealEstateSuccess
Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication": https://moonlightcre.com/ebook_download/
Website: Moonlightcre.com
Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation
Click On The Link Below For More Information About Eric Lindsey:
https://linktr.ee/ericlindsey -
🏠 Tristan Trenberth Shares His Journey from Tech Professional to Successful Real Estate Investor 💼
Curious about real estate but juggling a full-time job? Check out our latest podcast episode where Tristan Trenberth shares his journey from tech professional to successful real estate investor, showing it's possible even with a busy schedule!
🔑 Key Takeaways:
⏰ Time Management: Tristan managed real estate activities during weeks without his kids, leveraging evenings and weekends around his day job.
🏦 Leverage Resources: Full-time job helped Tristan access conventional debt and contribute to his 401k, later used for real estate investments.
🤝 Collaboration is Key: Partner with others who have complementary skills to maximize efficiency.
📚 Financial Literacy: Understand various investment strategies and tax benefits to build long-term wealth.
🔍 Preforeclosure Process:
Listen to this episode to hear about Tristan's preforeclosure deal that he closed and learn how to complete a preforeclosure deal also. Tristan explains that preforeclosure involves properties behind on taxes or mortgage payments. By working with title companies for data, and banks to push auction dates, investors can secure deals before foreclosure.
📋 Real Estate Transaction Discussed - Take Notes and Learn:
Tristan's notable deal included a joint venture to stop an auction, purchase a property in preforeclosure, and manage a reluctant seller through court processes. After overcoming numerous obstacles, the property was turned around and sold within a year.
💼 Tristan's Coaching Advice for Real Estate Investors:
Tristan advises new investors to focus on collaboration and leveraging others' expertise. He highlights the importance of knowing your numbers, hiring top professionals, and understanding the long-term impact of tax strategies. Emphasizing a narrow focus and deep expertise in one area, Tristan underscores the significance of financial literacy and strategic partnerships.
📈 Learn how to balance a career and a thriving real estate side hustle, leveraging time, collaboration, and financial knowledge to achieve success.
#RealEstateInvesting #SideHustle #FinancialFreedom #ProfessionalGrowth #RealEstateSuccess
Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication": https://moonlightcre.com/ebook_download/
Website: Moonlightcre.com
Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation
Click On The Link Below For More Information About Eric Lindsey:
https://linktr.ee/ericlindsey -
🏢 Maximize Your Real Estate Investments with Cost Segregation! 🌟
Are you a busy professional intrigued by the potential tax savings in real estate? Dive into our latest podcast episode where Joe Viery, CEO of U.S. Tax Advisors Group, explains the powerful benefits of cost segregation for real estate investors, perfect for those balancing a W-2 job and investing.
Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication": https://moonlightcre.com/ebook_download/
Website: Moonlightcre.com
Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation
Click On The Link Below For More Information About Eric Lindsey:
https://linktr.ee/ericlindsey -
Are you a busy professional intrigued by real estate? Dive into our latest podcast episode where Darcy, a seasoned investor with 23 years of experience, discusses his transition from traditional investments to real estate development, perfect for those with limited time.
🔑 Why Opt for Development? Development projects are ideal for those seeking significant gains without long-term entanglements. Learn about Darcy's use of "micro strategies" like upzoning and lot assembly, which can boost property values with minimal effort, making it a great side hustle. Development offers a creative way around rent controls, providing flexibility and potential for higher profits.
💼 Preference for Development Over Other Niches: Darcy favors development for its quick turnaround and potential for high returns, avoiding the complexities and regulations associated with rental properties.
💡 No Rent Control Headaches! Development offers a pathway around the frustrations of rent control. By focusing on creating new properties or enhancing existing ones through strategic zoning changes, you not only avoid the limitations of rent control but also contribute to revitalizing communities.
🎧 Listen to the full episode to discover how you can successfully manage small-scale development projects alongside your primary career, and achieve substantial profits with minimal hassle.
Start your journey in real estate
development today and make it fit your busy lifestyle!
#RealEstateInvesting #SideHustle #ProfessionalGrowth #RealEstateDevelopment #FinancialFreedom - Näytä enemmän
