Episodi
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On this episode of Masters of Real Estate, host Mathew Owens, CPA, welcomes fellow CPA and real estate investor James Bohan to discuss tax planning and investment strategies that help real estate professionals keep more of what they earn. With tax season approaching, James shares actionable advice on how to optimize your finances through smart planning, cost segregation, and understanding tax laws that can directly impact your bottom line. They also dive into creative real estate strategies, the role of technology in managing assets, and the importance of surrounding yourself with the right team. Whether you’re an active investor, a passive investor, or just starting out, this episode is packed with valuable insights to help you navigate real estate and taxes like a pro.
What You'll Learn:
Why year-end tax planning in November and December is critical for real estate investors. The benefits (and risks) of cost segregation studies, including how to use them effectively and when to avoid them. How to structure your investments to maximize tax benefits, including real estate professional status and other tax-saving strategies. The pitfalls of unrelated business income tax (UBIT) in retirement accounts and how to avoid costly mistakes. Creative investment strategies such as the BRRRR method and subject-to financing. How to evaluate operators and syndications before investing passively. The importance of having a strong financial and operational team for long-term success. How technology is transforming real estate operations, including boutique hotel management. Why understanding your unique skills and hiring experts in areas where you’re weak is crucial for entrepreneurship.Grab James' 50-point Tax Questionnaire For Real Estate Investors: https://50taxquestions.com/
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In this episode of Masters of Real Estate, host Mathew Owens, CPA, sits down with David Phelps, founder of Freedom Founders, to discuss building financial freedom through real estate investing. David shares how he transitioned from dentistry to real estate and breaks down the lessons he learned along the way—both the wins and the hard knocks. Together, they explore the importance of mentorship, navigating market cycles, and making smart decisions when it comes to operators, asset classes, and risk management. This episode is packed with actionable advice on how to leverage real estate to create financial and personal freedom, even in uncertain economic times.
How David started his real estate journey while still in dental school. The key role mentorship plays in avoiding costly mistakes. Why real estate is more about people than properties—and how relationships impact success. Common pitfalls to avoid when working with contractors, property managers, and operators. Strategies to protect your capital and navigate today’s volatile markets. The importance of hard assets, such as real estate, as a hedge against inflation. How to evaluate operators and syndications to mitigate risk. The role of AI and technology in shaping the future of real estate investing.
What You'll Learn:CONNECT WITH US:
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Episodi mancanti?
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In this episode of Masters of Real Estate, host Mathew Owens, CPA, discusses the often-overlooked aspect of real estate investing: marketing for capital raising. Joined by Julia Anderson, a seasoned fractional CMO with extensive experience in real estate marketing, they explore the strategies needed to create a successful capital investment stream. Julia shares her journey from the restaurant industry to becoming an expert in capital marketing for real estate, offering invaluable insights into the marketing systems that can empower real estate investors.
What You'll Learn:
Julia's unique journey from the restaurant industry to real estate marketing. The importance of defining your target audience for effective marketing. How to craft a comprehensive marketing strategy that raises capital efficiently. Key elements to include in your CRM and email marketing for nurturing potential investors. The role of social media, especially LinkedIn, in engaging with potential investors. Effective ways to engage and nurture both new leads and existing investors. How to leverage personal stories and authenticity in your marketing efforts. The importance of a well-structured sales process and follow-up strategy. Tips for maintaining relationships with existing investors for repeat investments.CONNECT WITH US:
Facebook: https://www.facebook.com/mathew.owens2
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LinkedIn: https://www.linkedin.com/in/mathewowens/
Free 200-Point Due Diligence Checklist: https://mathewowens.com/due-diligence-checklist/
Free Deal Analysis Masterclass: https://mathewowens.com/masterclass-form/
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Join our host, Mathew Owens, CPA, as he interviews Haley John, a seasoned expert in the multifamily real estate market. In this episode, Haley shares her journey from commercial brokerage sales to becoming a formidable force in multifamily investments. Discover the unique challenges and opportunities in the current real estate market landscape and learn valuable insights about investing in multifamily properties.
What You'll Learn:
The pivotal moment that propelled Haley into multifamily real estate. How Haley navigated the transition from single-family homes to large multifamily investments. The importance of having the right mentors and partners in real estate. Strategies for managing multifamily properties amidst market volatility. Insight into asset management and the value of experienced operators. The multifamily market's current position in the real estate cycle and future opportunities. Haley’s personal mission and why she wants to give back to the community. The role and importance of the Wealthwise Women group in empowering women in real estate.CONNECT WITH US:
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LinkedIn: https://www.linkedin.com/in/mathewowens/
Free 200-Point Due Diligence Checklist: https://mathewowens.com/due-diligence-checklist/
Free Deal Analysis Masterclass: https://mathewowens.com/masterclass-form/
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In this episode of Masters of Real Estate, host Mathew Owens sits down with guest Joe Davis, an active real estate investor, house flipper, and private lender. With experience investing in various types of assets and providing resources to other investors, Joe shares valuable insights on navigating the challenges and risks associated with flipping houses. Throughout the conversation, Mathew and Joe dive deep into the importance of having the right team, buying good deals, and being prepared for the inevitable problems that arise during the rehab process. They also discuss the crucial role lenders play in supporting investors and mitigating risks. Whether you're a seasoned flipper or just starting, this episode is packed with practical advice to help you succeed in the world of real estate investing.
Having the right team in place is crucial for successful house flipping. This includes a good lender, contractor, and realtor who can navigate difficulties. Buying a good deal with some cushion helps mitigate issues that may come up during the rehab process. Being conservative on the after repair value and rehab budget is important. New house flippers need to be prepared to deal with unexpected problems that will inevitably come up. Having the grit and problem-solving skills to push through challenges is key. Choosing the right lender who will provide support if issues arise is important, rather than just going with the lowest rate. The lender should be part of the flipper's team. Proper due diligence before purchasing a flip property, including thoroughly evaluating the numbers and getting multiple opinions, can help avoid many pitfalls. Relying only on a wholesaler's numbers is risky.CONNECT WITH US:
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Free 200-Point Due Diligence Checklist: https://mathewowens.com/due-diligence-checklist/
Free Deal Analysis Masterclass: https://mathewowens.com/masterclass-form/
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In this episode of "Masters of Real Estate," host Mathew Owens and guest George McCleary delve into the complexities of real estate investing, focusing on the challenges posed by squatters and the broader implications on property management. George shares his journey from banking to real estate development and the innovative strategies developed to combat real estate fraud and squatter issues.
Key Takeaways:
Rise of Squatter Challenges: The process of evicting squatters is legally cumbersome and financially draining, often costing property owners thousands in lost rent, legal fees, and property damages. George McCleary’s Real Estate Journey: Transitioned from banking to real estate investing after a stint of self-discovery in Australia. His career evolved from initial property investments to development and dealing with complex issues like squatting. Innovative Solutions to Real Estate Problems: George discusses the creation of "Squatter Defender," a course offering unconventional yet practical solutions to handle squatter issues, based on his extensive experience and real-life scenarios. Impact of Social Media on Real Estate Issues: A viral social media campaign started by George highlighted the squatter problem, significantly raising public awareness and positioning him as a thought leader in real estate problem-solving. Legal and Risk Management Insights: The discussion underscores the importance of legal and tactical approaches in real estate, especially when dealing with squatters and potential deed fraud, emphasizing preventive measures and strategic responses.CONNECT WITH US:
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Free Deal Analysis Masterclass: https://mathewowens.com/masterclass-form/
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Welcome to Masters of Real Estate, where we delve into the world of financial freedom through property investment and entrepreneurship. In this episode, Mathew Owens sits down with Derek Peterson, a seasoned entrepreneur who transitioned from the corporate world to a life of full-time travel and real estate investing. Derek shares his journey from the medical distribution industry to founding a successful marketing firm focused on real estate capital raising. Listen in as Derek discusses his minimalist lifestyle, the importance of choosing the right business partners, and how he automated his businesses to achieve ultimate freedom. If you've ever dreamed of breaking free from the 9-to-5 grind and living life on your own terms, this episode is packed with insights to help you make that dream a reality.
Key Takeaways:
Entrepreneurial Transition: Derek Peterson moved from corporate sales to entrepreneurship by starting his own business in medical distribution, eventually finding his passion in marketing and real estate capital raising. Embracing Minimalism: Derek and his wife decided to sell all their possessions, including their 6,000-square-foot home, to live a minimalist lifestyle. They now travel the world with just a carry-on and a backpack each. Business Structure: For Derek, the key to achieving freedom was documenting processes and delegating responsibilities effectively, which many entrepreneurs struggle with. Partnering for Success: Derek emphasized the importance of picking the right partners in business, particularly those with a proven track record and aligned values, to ensure long-term success and mitigate risks. Marketing as a Lifeblood: In his business ventures, Derek highlights the significance of marketing as a crucial component for generating revenue and sustaining business growth. Innovative Use of AI: The conversation touched upon the importance of leveraging AI technologies in business to streamline operations and stay competitive in a rapidly evolving market. Life as a Digital Nomad: Derek shared insights into adjusting to a nomadic lifestyle, balancing the thrill of new experiences with the need for consistent routines to maintain productivity. Understanding Motivation: When choosing partners or operators, understanding their motivation and what drives them is crucial for ensuring alignment and commitment in business ventures.CONNECT WITH US:
Facebook: https://www.facebook.com/mathew.owens2
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Free Deal Analysis Masterclass: https://mathewowens.com/masterclass-form/
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In this episode of Masters of Real Estate, Mathew Owens, a CPA and full-time real estate investor, interviews Courtney Moeller, an expert in oil and gas investments. Courtney shares her journey from inheriting her father’s oil and gas company to diversifying her investment portfolio. She discusses the tax benefits of oil and gas investments, strategies for mitigating risk, and her approach to diversified asset classes, including mobile home parks and Bitcoin mining.
Importance of Diversification: Courtney highlights the necessity of diversifying investments across different asset classes to mitigate risks associated with market fluctuations, such as those experienced in the oil and gas industry. Tax Benefits of Oil and Gas Investments: Investing in oil and gas can provide significant tax deductions, allowing investors to offset various types of income without the need for active involvement. Cash Flow Advantages: Oil and gas investments can offer substantial monthly cash flow compared to other asset classes like multifamily or self-storage, which typically provide lower cash flow until asset exit. Understanding Market Dynamics: The price of oil is influenced by global supply and demand, political changes, and other economic factors, making it crucial for investors to stay informed about market conditions. Mitigating Investment Risks: Investing with experienced operators and in wells with proven oil reserves can reduce risks. Courtney emphasizes due diligence and the importance of vetting operators within the industry. Alternative Asset Classes: Courtney expresses interest in unique investment opportunities such as mobile home parks and Bitcoin mining, which offer different value-add possibilities compared to traditional multifamily investments. Leveraging Precious Metals: Courtney is exploring ways to borrow against her holdings in precious metals to fund other investment opportunities, highlighting creative strategies for asset utilization. Networking and Resources: The podcast encourages listeners to leverage tools and resources available through Courtney and Mathew’s websites for further education and due diligence in investment opportunities.
Key Takeaways:CONNECT WITH US:
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Join hosts Matt and Angelo Rumora as they uncover the intricacies of real estate investment, property management, and flipping houses. Angelo shares his unconventional journey from a school dropout in Australia to a successful real estate entrepreneur in the United States.
Education vs. Experience: Formal education is not a prerequisite for success in real estate. Real-world experience and self-education often provide more practical knowledge and skills. The Contractor Conundrum: Managing contractors is one of the biggest challenges in flipping houses. It's crucial to have checks and balances to mitigate risks of financial mismanagement. Flipping vs. Holding Properties: While flipping can provide immediate cash flow, holding properties can lead to substantial long-term gains through appreciation and rental income. Importance of Property Management: A rental property's performance heavily depends on the quality of property management. Transparency and a fair fee structure are critical components of a successful property management company. Leveraging Technology and AI: Implementing technology and AI in property management can greatly enhance efficiency and reduce costs. Tools like Colleen AI help automate tenant interactions and rent collections. Remote Workforce Benefits: Hiring remote workers can significantly cut costs without compromising on the quality of work, especially for administrative tasks. Strategic Partnerships and Scaling: Growing in real estate involves strategic partnerships and understanding when to scale operations, whether through acquiring more properties or utilizing economies of scale in property management. Moral and Ethical Business Practices: Maintaining ethical standards and transparency in business operations is crucial for sustainable success and long-term client trust.
Key Takeaways:CONNECT WITH US:
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How do you turn the affordable housing crisis into a profitable investment opportunity?
In this episode of the "Masters of Real Estate" podcast, host Matthew Owens sits down with Corey, a seasoned investor specializing in mobile home parks. Corey shares his journey from being a structural engineer to a successful real estate investor, highlighting the potential of mobile home parks as a recession-resistant asset class. They discuss the unique challenges and rewards of investing in mobile home parks, including the operational efficiencies and value-add strategies that can significantly boost returns. This episode is packed with insights on why mobile home parks might be one of the smartest investments you can make, regardless of economic conditions.
The Power of Affordable Housing: Mobile home parks offer a unique investment opportunity by addressing the affordable housing crisis. Unlike other forms of housing, they provide a naturally affordable living option without relying on government subsidies. Value-Add Opportunities: Mobile home parks have immense value-add potential. Investors can increase revenue by filling vacant pads, billing back utilities, and reducing expenses. These actions can significantly increase property value. Recession Resilience: Mobile home parks have consistently been one of the best-performing asset classes during economic downturns. This resilience is due to the essential nature of affordable housing and the stable income of residents, many of whom have essential jobs or fixed incomes. Operational Efficiencies: Effective management of mobile home parks involves meticulous budgeting, tracking key performance indicators, and maintaining strong collection processes. Automating collections and focusing on tenant screening are crucial for success. Learning from Challenges: Corey shares a critical lesson from a past investment where he underestimated replacement costs for insurance purposes. This experience emphasizes the importance of accurate valuations and due diligence.CONNECT WITH US:
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Welcome back to another episode of Masters of Real Estate! On today's episode we have my good friend Gib Irons on to discuss:
- Diversifying investments across operators, asset classes, and markets is crucial for mitigating risks and achieving both long-term wealth building and immediate cash flow.
- Conducting thorough due diligence on operators and understanding tax planning strategies are essential steps to ensure successful and resilient real estate investments.
- Raising rents and investing in properties with under-market rents can significantly force appreciation and increase the value of multifamily units, ultimately enhancing return on investment.
CONNECT WITH US:
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Welcome back to another episode of Masters of Real Estate! On today's episode we have my good friend Tom Dunkel on to discuss:
- Self-storage and boat/RV storage are emerging as profitable and low-maintenance niches due to high demand and low supply, with the potential for increased rental prices and additional revenue streams such as tenant protection and partnerships.
- Mitigating downside risks in real estate investments can be achieved through strategies like heavier value adds, refinancing, conservative projections, and considering the risks associated with leveraging and positioning.
- In uncertain economic climates with high interest rates and potential loan distress, self-storage and mobile home parks provide more resilience and stability due to their consistent occupancy rates and higher demand.
CONNECT WITH US:
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Welcome to another episode on the Masters of Real Estate Podcast! Today we have Stewart Heath come on to speak on some hot topics, including:
Strategically investing in the current economy by being conservative on leverage ratios and shifting mindset towards bigger deals for greater returns. Diversifying your portfolio by combining single assets for complete control and cash flow with syndications for exposure to different projects and markets. Understanding the unique challenges and opportunities in various property types, such as the potential for longer vacancy periods in commercial properties and the impact of remote work trends on office spaces.CONNECT WITH US:
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Free Deal Analysis Masterclass: https://mathewowens.com/masterclass-form/
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Unlock Property Cash Flow Secrets! 🏡💵
Learn how managing repairs and turnovers effectively can save you thousands, ensuring steady cash flow and sustainability in your rental properties.
Dealing with economic volatility is a challenge, especially with lower-income tenants. Having a well-vetted property manager and multiple backups can mitigate these headaches.
Start leveraging your property equity to secure more investments and create long-term wealth. Understand market seasons and improve your renovation timing for maximum profit.
ABOUT OUR CHANNEL
Our goal is to teach you how to be a real estate investor and create financial freedom for yourself through real estate. Building assets that create passive cash flow is the only way to truly be free and stop trading your time for money. It's time to take action and control your future.
FIND US AT https://mathewowens.com/
Contact us at https://mathewowens.com/contact/
FOLLOW US ON SOCIAL
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Ever wondered how top investors maximize returns and minimize risks in real estate?
Join Matt Owens as he shares his journey from flipping houses to investing in mobile home parks and debt structures. Matt explains his methods for leveraging capital, selecting profitable projects, and focusing on scalable, less operationally demanding investments. He also discusses building investor relationships and aiming for a $100 million debt structure. Interested in reaching similar investment milestones? Dive in and let us know your thoughts below!
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🌟 Navigating the Real Estate Landscape with Mental and Physical Well-being 🌟
Our newest episode of "Masters of Real Estate" features an insightful discussion with our guest, Erica. Diving deep into the intersections of real estate investment and mental health, we uncovered some transformative strategies that are crucial for success as an entrepreneur in real estate!
Here are 3 key takeaways from the episode:
1. Prioritize Self-Care:
- Importance of Sleep and Sunlight: Emphasizing the role these fundamental aspects play in boosting mental well-being and efficiency.
- Mindfulness and Focus: The need for mindfulness, meditation, and breath work to manage stress and ensure balanced living, especially for entrepreneurs.
2. Cultivate Positive Relationships:
- Surround Yourself with Positive Individuals: Being in a like-minded community helps maintain a positive energy and mindset.
- Boundaries and Work-Life Balance: Establishing strong boundaries to avoid burnout and maintain healthy relationships.
3. Strategize Real Estate Success:
- Land Acquisition and Short-Term Rentals: Gaining valuable insights from experience in land acquisitions and the successful operation of short-term rentals.
- Customer Experience and De-escalation: Learning from real-life anecdotes on handling challenging tenants and situations effectively, with a focus on emotional control and stellar customer service.
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Masters of Real Estate with TJ Burns!
Unlock Your Real Estate Potential 🏠
In today's shifting economy, increased rates have made debt investments more attractive due to higher yields. 📈 This opens up new doors for savvy investors looking to diversify their portfolios and tap into reliable cash flow streams.
However, with stress in the banking system and fewer capital providers, operational expertise and due diligence are more crucial than ever. 🔍 Ensuring you have a knowledgeable and experienced team helps mitigate risks and enhances the chances of your success. Pooling resources also spreads risk and provides a solid cushion against unforeseen challenges. 💼
Diving into multifamily and other asset classes can be incredibly rewarding, but it's important to understand the challenges and rewards of entrepreneurship. Growth is key, and learning how to leverage both debt investments and traditional real estate opportunities can offer immense possibilities. 🌟
Consistent cash flow is essential, especially in the early stages of your business. By assessing property values accurately, understanding local markets, and aligning incentives with your partners, you create a stable foundation for long-term growth. 🌐
The importance of having the right team members cannot be overstated. One bad apple can disrupt your entire operation, so ensure that your team is composed of experts with solid ethical backgrounds. 🤝 Diversify your investments to manage uncertainties better and build a more secure future.
Don't forget the power of special purpose vehicles for investing in high-minimum funds. These can be game-changers, allowing you to leverage relationships to raise more capital and achieve better deal metrics. 🚀
By employing strong due diligence, underwriting strategies, and focusing on diversified cash flow sources, you can overcome the inevitable hurdles of real estate investing and create a financial future that aligns with your goals. 🌠
About TJ:
TJ Burns is the Founder & Principal of Burns Capital Partners, a real estate focused private equity firm.
TJ started his real estate journey with buying single family and small multifamily homes. After finding success as a passive investor, he switched his focus to syndications and funds. He’s syndicated $5M in investor equity from 50+ LPs, and manages funds across Multifamily, Short Term Rentals, and Private Credit.
Before real estate, TJ worked in consumer electronic product design at Amazon. He’s an inventor on 20+ patents, and his products have shipped to tens of millions of households worldwide. He holds a degree in mechanical engineering from MIT.
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Are you maximizing your real estate potential?
In our latest podcast, we dive deep into the strategic pillars of successful real estate investing. One standout approach that caught our attention is the 'lifestyle investor' model, emphasizing financial freedom through cash flow, not just property accumulation. This method allows investors like you to enjoy life while growing your wealth—financial freedom without creating another full-time job.
Another key focus is the power of networking and lifelong learning. By attending multiple networking events weekly for years, one can build invaluable relationships and gain insights that are crucial for real estate success. Remember, your network is your net worth.
Lastly, we explore the diverse investment strategies such as flipping houses and investing in Airbnb rentals, especially in markets like Mexico. The potential for high returns coupled with strategic tax mitigation and savvy legal navigation can open new avenues for your investment portfolio.
Are you leveraging these strategies to their fullest potential? What has been your most successful investment strategy and why?
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🌟 Transform Your Real Estate Journey: Lessons from a Pro! 🌟
Have you ever wondered what it takes to not only survive but thrive in the real estate world? Here are a few insights that can make all the difference:
1. Flipping isn't the only path: While flipping houses can be lucrative, it demands your constant attention and effort. Imagine being able to create significant income streams through a less demanding avenue. Lending and syndications can provide passive income and allow you to step back from the daily grind.
2. Don't put all your eggs in one basket: Diversification is key in real estate. Investing in various markets and types of properties can protect you from potential downturns. Understand the value of finding properties in investor-friendly markets with favorable laws and cash flow potential.
3. Involve your family in financial education: Teaching kids about business and financial responsibility early on can set the foundation for a prosperous future. Engaging them in your financial decisions can be a rewarding experience.
How are you diversifying your investment strategies to balance active and passive income streams?
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Welcome to another insightful episode of "Masters of Real Estate," your go-to podcast for creating financial freedom through strategic real estate investments. In today's episode, host Matthew Owens sits down with Sean Tagge, a seasoned real estate investor with a fascinating journey from biomedical engineering to mastering single-family and multifamily properties.
We'll explore Sean's initial foray into real estate after purchasing a duplex in 2015, the rapid growth of his portfolio in Memphis, Tennessee, and the critical transitions both Sean and Matthew made from their previous professions to full-time real estate investing. Together, they dive into topics like the importance of conservative budgeting for rehabs, leveraging joint ventures, and navigating the current challenges of higher construction costs and fluctuating interest rates.
Sean shares invaluable insights on adding value to investments, balancing entrepreneurship with family life, and the strategic shift from single-family homes to multifamily properties. We also touch on the Nashville market, flipping houses, and transitioning to lifestyle-focused investments while mitigating risks through effective value-add strategies.
Whether you're a seasoned investor or just getting started, you won't want to miss this episode packed with real-world experiences and proven methods to achieve financial freedom through real estate. Now, let's dive in!
Sean's Bio:
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