The Lifetime Cash Flow Through Real Estate Investing Podcast

A full-time real estate investor and an all-around problem solver, Michael is known for providing top of the line advice and strategies to real estate investors at all levels to achieve tangible results that create cash flow. Michael actively participates in real estate and currently holds his own rental portfolio. He has completed over 200 real estate transactions in less than four years. Here's some of what you will learn: Why making the shift from single family to multi-family real estate investing makes sense. Why make the move from flipping to holding? How to structure seller financing that works for sellers. The importance of developing relationships with sellers. Great creative financing advice. The keys to finding investors. What is the 2% formula? Questions to always ask potential investors. How to drive for dollars. The importance of using mentor and coaches. Focus on high impact activities and systems, delegate the rest. Book recommendation: The Slight Edge by Jeff Olson Board game recommendation:

Welcome to Your Driving Force Success Tip Success Traits of Successful People What are the two greatest enemies to success? Successful people: Are willing to fail in order to succeed. Learn from failures. Persevere.  Plan and set goals. Take personal accountability. Adapt to change. Are life-long learners. Have the ability to focus. Are passionate. I hope you will join me next week for Your Driving Force Success Tip! Want to build Lifetime Cash Flow from Multifamily Properties? If you're committed to creating the life you deserve, we've created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you CRUSH it in this business!  - if you'd like to receive information about our program, text CRUSH to 41411 now.

Joe Fairless successfully made the jump from single family to multi-family real estate investing and controls over $54,000,000 of investment properties & consults investors on real estate investing. Joe hosts the popular radio program, Best Real Estate Investing Advice Ever Show.   Here's some of what you will learn: What it takes to put a multi-family deal together, (It's not income)! A look inside a 168 unit, $6.35 million deal in Cincinnati, OH. A creative strategy Joe used to avoid a million dollar prepayment penalty. What is a Master Lease with Option to Purchase? The importance of finding the best solution to the problem that the seller has. Strategies to raise equity from investors. A strategy to use to meet more potential investors Using name-check to successfully network. Smart strategies to use for smart partnering. Knowing the difference between economic and physical occupancy. What is a capital call? (and how to avoid it) How much should you keep in your Capex fund? The 3 expense categories r

 Welcome to Your Driving Force Success Tip The Power of Affirmations and Incantations As you say it, so shall it be. A powerful force in the human psyche is for people to remain consistent with hof they identify themselves. What you put the words "I AM" in front of becomes your identity. The #1 person you communicate with on a daily basis is you! Find phrases that feel empower you and use them to take you to the next level. Quickly change your state by shouting incantations. The words we speak have an impact on our mind. "Repetition is the mother of skill" - Tony Robbins. Write out your negative beliefs that may be limiting you and replace them with the opposite positive beliefs. If you catch yourself saying something negative, limiting, or disempowering, immediately create a positive incantation and use it. Embrace the identity you want and need to be a huge success and develop incantations to help you get there. I hope you will join me next week for Your Driving Force Success Tip!   Want to build Lifetim

Peter started in real estate as an investor in July of 2003 during the summer of his junior year of college. He found a four-unit property that required a full gut to fix up and jumped in, living and managing at the property. The next year he graduated with a degree in business and, diploma in hand, he eventually started his management and renovation companies. Since that time Peter has owned more than 100 rental units and founded Mogul Realty in St. Louis MO offering real estate, construction, and property management services.   Here's some of what you will learn: The traits real estate investors need to be successful. Why it's crucial to use mentors in real estate investing. The benefits of using realtors in your deals. The biggest benefits of living on-site at your multi-family property. The Pros and Cons of REI (Real Estate Investor) Groups. What happens at a REI (Real Estate Investor) Group? (You may learn more after the meeting ends). Networking recommendation: Meetup.com search for REI (Real Estate In

Welcome to Your Driving Force Success Tip The Power and Value of Mentors When questioned about their careers, most successful people credit a mentor or mentors. Mentorship is a learning and development partnership between someone with vast experience and someone who wants to learn. Finding the right mentors can be a fulfilling process that results in lifelong relationships with people who have your best interest at heart. If necessary, use LinkedIn, Twitter, and Facebook to connect. Find like-minded people to connect with. To cut learning curves and lessen mistakes - seek mentors. Successful people often have a network of mentors each in different aspects of their lives. Mentorship can consist of the right comment at the right time and can change your life. Consider joining or forming a mastermind group. Finding the right mentor requires self-awareness and an examination of your strength and weaknesses so you can choose a mentor that will meet your needs. Spend the time necessary to find a diverse group of m

Frank McKinney: Real Estate Artist, 5-time International Bestselling Author, superhero meets Robin Hood, Philanthro-Capitalist, Ultramarathoner, Actor, and Visionary who sees opportunities and creates markets where none existed before. Frank creates real estate markets where others fear to tread. He has built oceanfront spec homes (homes built without a buyer) valued in the tens of millions of dollars, shattering price records with each new project. Frank started with a $50,000 fixer-upper home, and climbed the real estate ladder all the way to a $50 million oceanfront mansion! Currently he is taking the real estate world by storm with his new "Micro Mansion" concept. Frank spends quite a bit of his time on philanthro-capitalistic causes, specifically, his Caring House Project Foundation, www.chpf.org, a non-profit (501c3) organization that provides housing and a self-sustaining existence for homeless families primarily in Haiti and here in the United States of America. By the end of 2016, a total of 10,400+

Welcome to Your Driving Force Success Tip The Power Of Your Peer Group "The quality of your life is a direct reflection of the expectations of your peer group." - Tony Robbins You are the sum total of the 5 people that you spend the most time with. Your peer group has a huge impact on your life. Take the time to proactively choose your peer group wisely. You have choices. com is a great platform to meet professional peers. Engage with people who are more knowledgeable than you are. Surround yourself with people who push and challenge you. Your net worth is the average of the 3 people closes to you. Decide what the ideal version of yourself is and find people who match that. Actively choosing the people in your life will dramatically improve your life. "If you've not outgrown friends, you're not growing." - Grant Cardone I hope you will join me next week for Your Driving Force Success Tip! Want to build Lifetime Cash Flow from Multifamily Properties? If you're committed to creating the life you deserve, we

Brian Hamrick teaches advanced financial analysis through the rental property owners association, (RPOA). Along with his investment partners, Brian owns 450 units and hosts the Rental Property Owner & Real Estate Investor Podcast. Here's some of what you will learn: Software programs will allow you to analyze the numbers on any type of property, residential, commercial, or multi family. Examples are RentalSoftware.com, The Landlords Cash Flow Analyzer, and Opportunity Evaluator. Using mentors. What is a preferred return? What is an annualized return? What is a pro-forma based return? Creating an equity split for investors. 3 ways to make money putting together a deal. How to find off-market and in-between market deals. What is a 3rd party report? The critical relationships to have in multi-family real estate. The benefits of non-recourse loans when working with sponsors.  Our Guest You can learn more about Brian Hamrick and Hamrick Investment Group at: www.HIGinvestor.com To learn more about the Rental

Welcome to Your Driving Force Success Tip Turning Small Choices Into Massive Success Book recommendation: The Slight Edge by Jeff Olson Small slight changes taken out over time become huge shifts. The difference between failure and everything you want in life is the small habits that you take every day. Complacency is a natural tendency. Daily disciplines, simple productive actions repeated consistently over time are what produce success. It's easy to do and it's just as easy not to do. Consistently repeated daily action plus time equal unconquerable results and success. The small quiet choices we make ultimately decide our life's direction. Every day you're either moving towards what you want or away from it based on our decisions. You're either on a success curve or a failure curve. Which one are you on? The price of neglect is far worse than the price of commitment. Success in every area of your life is about consistently making the right choices day in and day out. Success is a marathon not a sprint. It'

Kathy Fettke is the CEO of Real Wealth Network and best-selling author of Retire Rich with Rentals. She is an active real estate investor, licensed real estate agent, and former mortgage broker, specializing in helping people build multi-million dollar real estate portfolios that generate passive monthly cash flow for life. With a passion for researching real estate market cycles, Kathy is a frequent guest expert on CNN, CNBC, Fox, Bloomberg, NPR, CBS MarketWatch and the Wall Street Journal. She was also named among the "Top 100 Most Intriguing Entrepreneurs" by Goldman Sachs two years in a row.  Kathy hosts The Real Wealth Show, a featured podcast on iTunes with listeners in 27 different countries. Her company, Real Wealth Network, offers free resources and cutting edge education for beginning and experienced real estate investors. She's passionate about teaching others how to create "real wealth," which she defines as having both the time and the money to live life on your terms. Here's some of what you wi

 Welcome to Your Driving Force Success Tip The Difference Between Success Vs. Fulfillment Here's some of what you will learn. An integral piece to success is fulfillment. There's a science of achievement and an art of fulfillment. How can some people who gave achieved so much be depressed? You must contribute beyond yourself to be fulfilled. Contribution is a basic human need. Anything you can do to give back to anyone is a blessing. Give the gift of a smile or a kind word. What you give comes back ten-fold.  I hope you will join me next week for Your Driving Force Success Tip! Want to build Lifetime Cash Flow from Multifamily Properties? If you're committed to creating the life you deserve, we've created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you CRUSH it in this business!  - if you'd like to receive information about our program, text CRUSH to 41411 now.

Douglas Bibby, President of the National Multifamily Housing Council tells us the multi-family industry needs 300,000-400,000 units delivered to the US market each year to meet demand. The multi-family industry has picked up 9 million renters since the recession.   The National Multifamily Housing Council (NMHC), is a national organization of more than 1,100 member firms involved in the multifamily housing industry. Under Bibby's leadership NMHC represents the industry on Capitol Hill and before the regulatory agencies, promotes research and the exchange of information, and advocates for rental housing across a broad spectrum of issues. Prior to joining NMHC, Bibby spent 16 years as a senior officer of Fannie Mae, where he served on the company's Management Committee throughout his tenure.  He was part of the top management team that is credited with the remarkable turnaround at Fannie Mae in the book Good to Great.  Here's some of what you will learn: The risk-adjusted returns that flow from multi-family i

Welcome to Your Lifetime Cash Flow Podcast Real Estate Tip Finding debt and equity partners and what partners can bring to your deal. Here's some of what you will learn in the episode. If you find the deal, you'll find the money. How to pitch an investment deal. What can partners bring to your deal? Be the managing partner. What is a debt partner? What is an equity partner? Benefits you can offer equity partners (on top of equity). Benefits you can offer a debt partners. Examples of multi-family investor elevator pitches. Want to build Lifetime Cash Flow from Multifamily Properties? If you're committed to creating the life you deserve, we've created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you CRUSH it in this business!  - if you'd like to receive information about our program, text CRUSH to 41411 now.

Here's some of what you will learn: Using LLCs to protect your assets. Strategies to buy distressed properties Finding equity investors What type of person is best suited for multi-family real estate investing? Take the time to learn and take action simultaneously 2 "game changer" books Using multi-family real estate to offset your expenses The biggest advantage real estate offers over the stock market The benefit of finding a mentor Building a team that makes things happen  Our Guest You can learn more about Mackal Smith at: http://www.macyncg.com/ Want to build Lifetime Cash Flow from Multifamily Properties? If you're committed to creating the life you deserve, we've created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you CRUSH it in this business!  - if you'd like to receive information about our program, text CRUSH to 41411 now. Recommended Resource Looking to invest in a multi-family real estate p

Welcome to Your Lifetime Cash Flow Podcast Real Estate Tip Seller Financing Strategies and FAQ Here' some of what you will learn in the episode. How to speak to sellers about seller financing. The best way to convince a seller that seller financing is the best option. Attitude is everything. Stay positive. A list of important questions to ask. How much are you asking for your property? If I could offer you all cash and close quickly, what's the least amount you would take for the property? Is that the best you can do? Shut up and let them answer. A list of answers to questions sellers will ask you about seller financing. Want to build Lifetime Cash Flow from Multifamily Properties? If you're committed to creating the life you deserve, we've created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you CRUSH it in this business!  - if you'd like to receive information about our program, text CRUSH to 41411 now

Reed Goossens dissects, step-by-step, a $14 million apartment complex syndication from start to finish. If you wondered how to syndicate a deal and bring in investors…do not miss this episode. Reed is an Australian structural engineer, who moved to the US in 2012. Beginning with buying duplexes in upstate New York, Reed has built RSN Property Group (RSN) to include a multi-family real estate portfolio of more than 250 units and is under contract for another 350 units.   Here's some of what you will learn: Growing your business using other people's money. Building a brand. Beginning syndication. Connecting with investors. Dissecting a 250 unit deal. Starting network events to increase your reach. How to find investors and deals at the same time. Creating a Private Placement Memorandum (PPM). What is an accredited investor? What is a preferred return? Changing property managers to increase NOI. How to make your tenants happy when you raise rents. The 4 Ps, professionalism, pitch, practice, patience. What is a

Welcome to Your Lifetime Cash Flow Podcast Tip Cash Flow Is King The New Rules Of Real Estate Are Simple: Focus On Cash Flow. Stable net positive cash flow should be your most important parameter. Real estate values are largely irrelevant. If you buy based on value right now, you may suffer when the real estate market pulls back. There is no get rich quick. Successful people know it takes focus, training, and hard work to become successful and wealthy. You can become wealthy by patiently and steadily acquiring multi-family properties and focusing on cash flow. Want to build Lifetime Cash Flow from Multifamily Properties? If you're committed to creating the life you deserve, we've created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you CRUSH it in this business!  - if you'd like to receive information about our program, text CRUSH to 41411 now.  

Welcome to Your Driving Force Success Tip Developing Habits For Success Success is nothing more than a few simple disciplines practiced every day. We are what we repeatedly do. Excellence is not an act, but a habit. - Aristotle It's in your moments of decision that your destiny is made. - Tony Robbins Telling others about your resolution will help drive you. Visualize your new habit to help it become subconscious is your mind and become automatic. Create affirmations and use them repeatedly to dramatically increase the speed at which you develop new habits. Commit and persist until your new behavior is automatic. Use positive consequences to reward yourself for practicing your new behavior! You will begin to subconsciously associate the pleasure of the reward with the behavior! Small shifts in your behavior when you take them out several years become huge shifts. Book recommendation: The Slight Edge by Jeff Olson I hope you will join me for Your Next Driving Force Success Tip!   Want to build Lifetime Cash

Here's some of what you will learn: The 2 best ways to create passive income Why multi-family real estate investing is the most efficient way to create wealth Why multi-family beats single family Building intellectual capital The factors to use when analyzing a deal Ways to buy a multi-family property with $2000 down Why multi-family investing represents a consistent revenue stream GOI vs. NOI How commercial banks work differently than conventional banks The operating expenses you can and cannot control The #1 way to attract a good tenant base DTI Managing your time commitment to your portfolio The best way to begin multi-family real estate investing Make sure every deal you do is better than the last one before it Always be prospecting Look for assets Look for financiers Building a pipeline instead of carrying buckets   Our Guest You can learn more about Ben Leybovich and Cash Flow Freedom University at: https://justaskbenwhy.com/   Want to build Lifetime Cash Flow from Multifamily Properties? If you're