Before The Millions | Lifestyle Design Through Real Estate | Rental Property Investing Tips And Strategies For Financial Free

Today's guest, Terry Hale, is a commercial real estate rockstar with 20+ years experience in the industry. As an investor, Terry experienced the ups and downs of varying niches in the commercial space. Starting as an apartment investor, Terry abruptly realized that the self storage space was where he wanted to settle. It quickly proved to be one of the few asset classes that could produce in the worst of economy's. Today we discuss Terry's transition to self storage, why he's such a strong advocate for it and where he see's commercial real estate going in the next few years. By the end of the episode, you will be crystal clear on the most important things you newbie investors to know and do when getting into apartments, self storage and data centers. Key Points From This Episode: How to calculate Cap Rate Why Self Storage vs. Traditional Apartments in 2021? Why Data Centers can be a sneaky lucrative asset class How Attorney's kill deals Why talking to Brokers is the most powerful thing a newbie can do Network

Gustavo Castro, today's guest, runs one of the largest inside sales teams for real estate in North America. They make about 50K outbound calls a day, set 100 appointments a day and have over 600 active real estate clients. On today's show Gus highlights the power of an ISA (inside sales agent) and how to best utilize one in today's competitive economy. Gus also knows how to fill the front end of his sales funnel with facebook ads and close on the backend with great negotiating tactics - all on today's episode. Key Points From This Episode: Why become an entrepreneurial asset in someone else's business The power of asking yourself... 'What's the worst that could happen?' The difference between a virtual assistant and inside sales agent The future of phone marketing Gustavo's facebook lead generation strategy Cost per lead vs cost per acquisition Links Mentioned in Today’s Episode: https://powerisa.com/ (Gustavo’s Website) Recommended Book: Rich Dad, Poor Dad by Robert Kiyosaki http://beforethemillions.com/book

As a global real estate investor, Alicia Jarrett, today's guest knows all about lifestyle design. Based in Australia, she's been able to build her portfolio and flipping business in the U.S. with a virtual team doing (practically) all of the heavy lifting. On today's show, we cover a wide array of topics from the difference between investing in North America vs. Australia and other international countries to the team of realtors, contractors, title companies and virtual assistants that allow Alicia to do virtual deals from a yacht in Croatia or the snow in France. Over time her preference has went from flipping single family homes to flipping vacant land and we'll dive into all of the details here on today's show. Key Points From This Episode: Australian Real Estate vs. U.S. Real Estate The market cycles of the flipping business Why land can be a more attractive investment Effectively building a virtual team How important the right realtor can be for your success Contractors and Virtual Investors.. The go

On today's show we are talking Technology & Real Estate and where those 2 worlds meet. Today's guest is multifamily investor and entrepreneur, Kent Ritter. Kent is a former management consultant, start-up owner, and corporate executive turned full-time real estate operator. After a massive exit from his healthcare technology start up, he turned his eyes (and capital) towards real estate. His technology background, coupled with real estate allowed Kent to use property technology to create outsized returns from acquiring and improving mismanaged, undercapitalized, and undervalued properties. On the show, we discuss the advantage of forward thinking approaches and the role technology plays in Kent's portfolio for creating greater returns on the properties that he repositions. Key Points From This Episode: The future of virtual leasing agents How dynamic pricing adjusts can bolster your returns (AI) Artificial Intelligence and Real Estate How to vet new technologies Kent's take on the Miracle Morning The adva

Does your mortgage broker invest in real estate? If not - It's possibly one of the best way to make sure that they have your best interest at hand as an investor. The only way to think like an investor is to be one. Today's guest, Matthew Gouge aka Matt The Mortgage Guy negotiated over 250 loans last year alone for his clients - all while actively building up his real estate portfolio of single family homes and small multifamily residences. On today's show we discuss exactly how first time homebuyers as well as seasoned investors can take advantage of the popular no and low money down loan programs that are offered to most people. With interest rates at an all time low, what are you waiting for? Key Points From This Episode: The difference between the 4 no and low money down loans The power of house hacking a 4-plex Why the 2021 real estate growth is nothing like the 2006 real estate growth Why Matt doesn't recommend a down payment assistance program How to use a owner occupied mortgage to grow your investmen

From launching rockets to lending on real estate deals, today's guest, Carl Fischer is a 3rd generation real estate developer. Carl has been able to increase his net worth twice as fast without any more effort by utilizing self directed 401k and IRA tools. If tax free sounds too good to be true, just wait. On today's episode we dive into exactly why a Roth IRA is an excellent tool for earning tax-free income for life. We'll also show you how to earn lasting income for your children and grandchildren through legacy building. Lastly, Carl has made it easier than ever (and free) to open up one of these powerful accounts. Key Points From This Episode: The difference between traditional, self directed and Roth IRA's... and which one allows for real estate investing Is tax free income a scam? tax avoidance vs. tax evasion What type of qualified plan you should have A breakdown of 401ks, HSA's, 403B's custodial and SEP accounts   Links Mentioned in Today’s Episode: https://www.camaplan.com (Carl’s Website) Reco

Direct mail, if done correctly, can be one of the most effective forms of marketing today - it can also be one of the most cost prohibitive without the proper guidance. Today's guest is a leading authority in the space and will show us exactly how he uses direct mail to buy raw land all across the country. Raw land investing expert Justin Silva knows exactly where new investors struggle. As a long time land investor, he's been able to harness the enormous potential offered by land investments: incredible ROI, massive cash profits and sustainable passive income. On today's episode we'll learn how to effectively use direct mail to close more land deals for a massive ROI. Key Points From This Episode: How Justin got started in real estate and learned to dominate direct mail marketing Why Justin will provide capital for anyone flipping land - "Plum Investment Group" Why landsofamerica.com is one of the best tools land investors can use How to create your own powerful direct mail campaign What happened when just s

Reggie Brooks has achieved what many people consider to be impossible. He went from making $36,000 per year at the local telephone company, to making over $40,000 per month in his real estate business. Starting out with very little money, Reggie began his investment career in 1986.  By educating himself about hidden opportunities in real estate and making well placed investments, he has become a multi-millionaire. To date, Reggie has spoken on programs with such notables as Donald Trump, Magic Johnson, Suze Orman, Tony Robbins, George Foreman, Rudy Giuliani, Alan Greenspan and Russell Simmons, to name a few. On today’s episode, you’ll learn how to leverage the law of attraction to achieve financial freedom and all around success in your life. Reggie applied the principles (and continues to apply them) for decades to make reality everything that he desires in this world.   Key Points From This Episode: The #1 thing Reggie studied to help attract more opportunities for himself and his family What is t

App Store -> Search -> "Clubhouse" Imagine going to a free conference side by side with some of the best and brightest in their area of expertise. In our case, we'll use real estate investing. At this conference, you'll be able to have meaningful direct conversations with the biggest real estate magnates as if you paid for their $100,000 per year coaching. You'll be able to discuss anything in your life and business - what's working, what's not working and get direct feedback on how to move forward. You'll be able to be a fly on the wall while these same mentors help others build 6 and 7 figure businesses. You'll be able to network and start your own groups and hold yourself and others accountable. Again, all for free. Wouldn't this be a heck of a conference? ​ Well, that's Clubhouse... a casual, drop-in audio conversation app Where you can tune in to live, real time conversations all around the world. ​ Here's why I think this app is important for real estate investors: Get Inspired - From da

Ever thought about using real estate investing as a wealth vehicle but never quite made the jump? It can be terrifying for many of us but with just a little faith, it tends to pay big dividends - figuratively and literally. There's no arguing that there's a wealth of knowledge out there in terms of different ways to invest in real estate. This podcast on its own has been able to procure guest after guest who've made their millions in real estate. The question is... How does all of this help you? What should you listen to and what should you filter? How can learning someone else path to real estate wealth help/hurt your own process? The waters are murky and many find themselves paralyzed for this exact reason. This episode was created to guide you safely and sound (and dry) across the chasm to your ideal lifestyle design. Links Mentioned in Today’s Episode: https://beforethemillions.com/5k (BTM 5K in 30 Days Challenge) https://beforethemillions.com/guide (BTM Real Estate Newbies Guide) https://beforethemilli

Today's guest, Jefferson Lily owns 31 Mobile Home Parks valued at over 71 million dollar. What started as an interest in the multifamily apartment space quickly turned into a fascination with affordable housing for low-income Americans. On today's show, we explore Jefferson's journey from corporate burnout to multimillionaire. We'll learn the tools and strategies that Jefferson used to reach the pinnacle of American success in a real estate niche that most people would run from... until now. Key Points From This Episode: Why the lucrative mobile home park niche is overlooked Investing in mobile home land vs. mobile homes How the government is try to "squeeze" the mhp industry The future of mobile home parks and is now the best time to invest   Links Mentioned in Today’s Episode: http://www.parkavenuepartners.com (Jefferson’s Website) Recommended Book: Snowball: Warren Buffett and the Business of Life by Alice Schroeder http://beforethemillions.com/book (Listen to this book for free!) Lifestyle Design App

Today’s guest Eddie Speed, has over 40 years experience buying distressed notes. Eddie is known as the person the guru's, guru's go to for note investing and passive income. To date, Eddie and his team have bought over 50,000 seller financed notes to the tune of 3.5 billion dollars. On today's show we talk about why Eddie decided to specialize in flipping and holding distressed notes. Eddie figured out a long time ago that he needed a transactional side of the business (flipping) as well as a wealth building side (holding) and combined both strategies to become one of the nations most premiere note buyers and educators. Key Points From This Episode: Why seller financed notes are the next hot topic How to OWN your own bank How to capitalize in a market of tired landlords Why courthouse records are so important for deals Why wealth is more important than transactional revenue   Links Mentioned in Today’s Episode: http://www.noteschool.com/getstarted (Eddie’s Website) Recommended Book: Never Split the Diffe

Today's guest, Kent Clothier, has built a real estate ecosystem like no other. After growing a 1.8 billion dollar company in the grocery niche, he gets kicked out and looks to wholesaling as his primary source of income. In his first year as a wholesaler, he grossed over 1 million dollars and has since went on to grow a company that has flipped over 5,000 properties and manages another 5,000. Kent's success prompted him to build an entire ecosystem around his investing efforts. On today's show, we'll talk about the ins and outs of building an ecosystem that creates multiple streams of income. Today Kent's income ecosystem consists of real estate deals, live events, coaching, masterminding and software. Key Points From This Episode: Why seller financed notes are the next hot topic How to reverse wholesale Ken't mindset after building and unwillingly exiting an 1.8 billion dollar company How Ken't 'selfishness' is able to serve hundreds of thousands of people everyday   Links Mentioned in Today’s Episode:

Imagine building a 24 million dollar business without any leverage or debt. Sounds insane right? Well not to our guest on today's episode. To date, Steven Butala and Jill Dewit have done over 16,000 land deals since 1999 and don't plan on letting up soon. On today's episode, it's only right that we do a deep dive into their business as well as the tools and systems that allowed their business to scale to the multimillion dollar mark. We discover the land secrets that most investor don't want you to know. If you've ever been interested in land flipping then this episode is for you. App discussed on today's episode: Offers to Owners, Real Quest Pro, Data Tree, Neighbor Scoop, and Pat Live. Links Mentioned in Today’s Episode: https://landacademy.com (Steven and Jill’s Website) Recommended Book: Showing Up for Life by Bill Gates Sr. http://beforethemillions.com/book (Listen to this books for free with Audible!) Lifestyle Design App: https://www.microsoft.com/en-us/microsoft-365/outlook/outlook-for-business (Mic

Today's guest, Bryan Miller, is an artist by day and investor by night. The award winning musician has built an investment portfolio with 60+ streams of income and enjoy a portion of the cash flow from 25,173 rental units which include single family rentals, self-storage units, mobile home pads, retail strip malls, trust deeds and multi-family apartments. It's easy to think that very few could reach these accolades until you realize that Bryan started out by cutting costs and saving $800 per month for 3 years to get the ball rolling. His story goes to show that when you combine financial literacy with massive action, the results can be outstanding. Todays episode comes with a breath of inspiration as well as a few potential income streams to consider for your own portfolio. Links Mentioned in Today’s Episode: https://capitalstackinvestments.com (Bryan’s Website) Recommended Book: The Millionaire Real Estate Investor http://beforethemillions.com/book (Listen to this books for free with Audible!) Lifestyle

This week https://www.beforethemillions.com/episode174 (on the podcast), I interviewed a real estate investor/financial coach Todd Miller, who has spent the past 11 years building up his passive income portfolio to quit his job. His strategy was straightforward and not at all different from the plans many of us make to leave our soul sucking day job. You know... Budget, save, invest and retire early on the beach somewhere. If only it were that simple. See we can know the steps but not understand them. We can understand the steps but not implement them. We can implement them but not succeed. There are numerous areas in which we can fall short of the ever elusive financial freedom that we desire. But if you've known me for any stretch of time, you are aware that I've made it my mission to help all of us better succeed. Rather than claiming life changing results in a single episode, we wanted to help you with the baby steps for budgeting, saving and investing in hopes that these small actions will have massive r

What's equivalent to a savings account but pays you 5X the interest? The answer? ...on today's episode. Daray will uncover his new favorite investment vehicle and why you should have looked into this months ago! Daray also tackles a slew of listener questions ranging from the current state of the market to the types of legal entities real estate investors have to choose from. This wide ranging conversation helps those of us that are looking for a better passive vehicle to invest our money as well as a business we can leverage to escape the rat race. Strap in! Links Mentioned in Today’s Episode: https://beforethemillions.com/worthy (Worthy Bonds: Alternative Investment Crowdfunding) https://motivatedsellermethod.com (The Motivated Seller Method) http://www.investlikeaboss.com/ilab-150-worthy-bonds-sally-outlaw/ (Sally Outlaw Interview (Worthy Bond CEO))

On today’s episode Daray interviews a 7-figure entrepreneur and digital nomad by the name of John Lee Dumas. John is the host of Entrepreneurs on Fire, an award winning podcast where he talks with inspiring Entrepreneurs who are at the top of their game. With over 2500 episodes, 1 million + listens a month, and seven-figures of annual revenue, JLD brings a wealth of knowledge to the show sharing his lifestyle design advice and millionaire success habits. Links Mentioned in Today’s Episode: https://eofire.com/ (John’s Website) Recommended Book: The Compound Effect by Darren Hardy http://beforethemillions.com/book (Listen to this books for free with Audible!) Lifestyle Design App: https://ouraring.com/ (Oura Ring)

High income earners are the most privy to financial mistakes, contrary to popular belief. This is why a professional making 500k a year and a professional making 50k a year can both live a "broke" lifestyle. At the end of the month, both are drowning in debt, neither have anything left over and the higher earner isn't much happier. On today's episode Daray interviews Dr. Jeff Anzalone (between surgeries) who lays out solid advice for anyone embarking on the process of getting out of debt and into passive cash generating assets. Key Points From This Episode: How high-income earners can use real estate to invest passively Properly setting up a game plan to pay off debt efficiently What every professional can and should be doing to lower their taxes Links Mentioned in Today’s Episode: https://debtfreedr.com (Dr. Jeff’s Website) Recommended Book: The Bible Think and Grow Rich by Napoleon Hill Rich Dad, Poor Dad by Robert Kiyosaki http://beforethemillions.com/book (Listen to these books for free with Audible!) Lif

Most of our beliefs form in early childhood and often times from our parents and loved ones. I always play with this idea: If I was born 200 years ago halfway across the world, how different would my belief system be? So who’s to say my beliefs now are true? See, it’s some trippy stuff. This leads me to believe that our beliefs are simply things that we hold true in our own minds and that at any time, we can change those beliefs - but only if we choose to. On today's show, I highlight the beliefs about our financial goals that may be holding many of us back - the type of beliefs that cause most of us to stagnate or burnout or not get started at all. Your money mindset matters and today we are going to see just how deep down the rabbit hole we can go to uproot the things that aren't serving us. Links Mentioned in Today’s Episode: The 4 Keys Masterclass* *On this LIVE masterclass, I'll teach you my 4 part system for building a location independent real estate business and portfolio. There are just a couple