He was broke and unemployed. He desperately sought out real estate investing as a solution to his dilemma. Taking seminars and reading lots of books gave him a good education but, 6 months later, he still hadn't made his first purchase. With his last $150, he bought a 7-day "We Buy Houses" ad in a weekly local newspaper for $79. On the sixth day of the ad, he received a call from an old lady with a distressed house that ended up changing his life. In this podcast episode, hear how Dan took this first deal and leveraged it into a multi-million dollar business enterprise that flips houses in Philadelphia, Chicago, Atlanta, Miami and Tampa.
For complete show notes go to: http://olddawgsreinetwork.com/wholesaling-re-with-zero-cash/
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The goal for most retirement growth strategies is to turn a smaller nest egg into a much bigger one. Knowing your niche and strategies is key to achieving this goal. As a beginner, it's even more important to avoid wasting time chasing shiny objects and running after rabbit trails. In this podcast episode, Bill zeros in on some effective real estate strategies that will help you get a bigger investment return in a shorter period of time.
For complete show notes go to: http://olddawgsreinetwork.com/strategies-for-your-retirement/
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Cleveland, Ohio is rated the number one city in the US for rental returns. Today's guest, James Wise, who was born and raised in Cleveland and has been investing there since 2008, is also the number one seller of investment homes in the city. In this informative episode, James shares insider tips on where and where not to buy in Cleveland and the ups and downs of landlording.
For complete show notes go to: http://olddawgsreinetwork.com/real-estate-investing-in-cleveland/
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Real estate investing is not all roses! But that's no reason to get discouraged or to stop pursuing your goals. Those who keep moving forward will win. In this episode, Bill candidly shares some messy, down-in-the-dirt landlording stories, what he has learned and how he is overcoming some of these temporary obstacles.
For complete show notes go to: http://olddawgsreinetwork.com/slugging-it-out-in-the-trenches/
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When James Kandasamy and his wife took out a $50,000 home equity loan to invest in real estate, they never dreamed the loan would turn into over 800 units and $56 million in real estate assets 5 years later. In this podcast, James shares how he discovered the power of leverage, multifamily re-positioning and effective asset management to quickly build his real estate empire.
For complete show notes go to: http://olddawgsreinetwork.com/50k-into-56-million-rei-portfolio/
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We learn from our mistakes and we can also learn from the mistakes of others. In today's monthly Ask Bill episode, Bill shares some of the most common real estate investing mistakes as well as proving a list of some of the best US states for real restate investing.
For complete show notes go to: http://olddawgsreinetwork.com/rei-mistakes-and-best-states-to-invest/
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Lance Edwards was stuck in a 60-hour-a-week dead-end corporate job and still couldn't make ends meet. As he sought other ways to generate additional income on the side, he stumbled upon real estate investing. Within three years, he was able to quit his corporate job and hasn't looked back since. In this episode, Lance shares his secrets for success and why he believes small apartments, hands down, is the best way to generate immediate cash flow to replace your income and achieve wealth today.
For complete show notes go to: http://olddawgsreinetwork.com/make-big-money-in-small-apartments/
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If you are a real estate investor, especially a new or part-time investor, you may have considered buying a turnkey rental property. The ease and simplicity of buying a rent-ready turnkey is very appealing, especially if you have limited time and/or experience. However, before you can decide whether turnkeys are the right investment strategy for you, you should be aware of the main advantages and disadvantages. In this podcast, Bill Manassero, an experience turnkey buyer, shares his top pros and cons of buying turnkey rentals.
For complete show notes go to: http://olddawgsreinetwork.com/pros-and-cons-of-turnkey-rentals/
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As real estate investors, we are always looking for ways to generate good cash flow in retirement. To generate $10,000 a month, assuming a net cash flow of $100 per door, you could buy 100 houses or a 100-unit apartment building. Or, you might want to consider what Gene Guarino, today's podcast guest recommends, "Why not buy a single family home that generates $10,000 per month net?" Find out how in today's podcast episode!
For complete show notes go to: http://olddawgsreinetwork.com/10k-monthly-from-single-family-home/
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For any property purchase, it's critical that you know the crime statistics of a potential neighborhood you are considering for investment. After all, the safety of your tenants, the vulnerability of your property to vandalism and abuse, as well as the long-term impact to your property’s resale value, are fundamental to smart real estate investing. In this podcast episode, Bill examines this critical area and presents 10 invaluable tools you can use to access the safety of any potential neighborhood.
For complete show notes go to: http://olddawgsreinetwork.com/research-property-crime-statistics/
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Neal Bawa is an engineer whose technology education company was so successful that he sought out real estate investing as a means to reduce his tax burdens. Applying scientific principles, Neal quickly grew his real estate holdings to over 1,000 units worth more than $111 million. In this episode, Neal shares his unique real estate investing approach and some of his secret tricks that continue to yield him significant wins in a very tight and competitive real estate market.
For complete show notes go to: http://olddawgsreinetwork.com/scientific-approach-to-re-investing/
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In today’s real estate marketplace, especially in multifamily, competition is stiff. There is limited product and way too many people willing to pay more than asking price to acquire the great properties. In this episode, Bill shares 20 creative strategies investors can implement to locate great off-market deals at reasonable prices.
For complete show notes go to: http://olddawgsreinetwork.com/20-ways-to-find-off-market-deals/
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Best-selling real estate book author Chris Prefontaine was so crushed in the 2008 recession that he vowed to never again sign another loan application. In today's podcast, Chris shares how he has creatively done over $80 million in real estate transactions without his own cash and without bank loans.
For complete show notes go to: http://olddawgsreinetwork.com/buying-re-without-cash-or-loans/
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It seems that real estate investors are always looking for something. If it isn't properties, funding and tenants, it's investors, partners and deals. In today's monthly Ask Bill episode, Bill answers questions from two different people looking for something. One is seeking small rental units. Another is looking for real estate investors.
For complete show notes go to: http://olddawgsreinetwork.com/finding-rentals-and-re-investors/
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There’s a huge problem in the real estate investing business that nobody is talking about- DUE DILIGENCE. Investors are leaving big money on the table by not learning key essential principles. Most investors, real estate brokers and real estate professionals barely scratch the surface when conducting their due diligence. In this podcast, due diligence expert Brian Hennesey shares 10 effective tips on how to do your due diligence the right way.
For complete show notes go to: http://olddawgsreinetwork.com/tips-due-diligence-the-right-way/
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A rental property is one of the most popular choices of real estate investors looking to invest in new opportunities. Sure there are flippers, wholesalers, builders, speculators and more, but rental property is something most people who have ever owned a home can easily grasp and understand. However, like all real estate investments, it also has it's risks. In this podcast, Bill discusses five key rental property risks that all investors should be aware of and carefully seek to alleviate.
For complete show notes go to: http://olddawgsreinetwork.com/top-five-rental-property-risks/
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Discouraged by huge student loan debt, an unfulfilling job and a girlfriend that wouldn't marry him, Ivan Barratt got re-motivated and started a real estate business in a spare bedroom of his house. Fast forward six years... Today, Ivan owns 1,800 units, manages 2,200 units, has 54 employees and is not slowing down. In today's episode, Ivan shares his success secrets for growing and scaling a successful real estate investing business.
For complete show notes go to: http://olddawgsreinetwork.com/growing-and-scaling-rei-business/
IF YOU LIKED THIS PODCAST, we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help in sharing this podcast with others seeking to learn.
Real estate investing has many great attributes but one of its greatest is the ability to create massive wealth through leverage. In this episode, Bill will explore the power of leverage in real estate investing and share how you can exponentially grow your investment dollar by utilizing this valuable strategic tool.
For complete show notes go to: http://olddawgsreinetwork.com/204-the-power-of-leverage/
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Having successfully purchased and transformed more than $3 billion in multifamily real estate, including approximately 40,000 units nationwide, real estate entrepreneur Eddie Lorin now directs his efforts to the nation's housing crisis through Impact Housing. In this episode, Eddie shares how Impact Housing is providing quality, affordable housing, along with free health-related education, fitness, gardening and nutrition programs for residents and families living in his unique low in come apartment communities.
For complete show notes go to: http://olddawgsreinetwork.com/investing-in-affordable-housing/
IF YOU LIKED THIS PODCAST, we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help in sharing this podcast with others seeking to learn.
Avoiding costly mistakes is a goal of every real estate investor. However, are mistakes avoidable? Are there practical things we can do to avoid prevent mistakes from happening? And when they happen, how should we respond? In today's podcast episode, Bill shares insight into real estate investing mistakes by candidly sharing a series of recent calamities that occurred with one of his investment properties.
For complete show notes go to: http://olddawgsreinetwork.com/avoiding-rei-mistakes/
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Immigrating from Russia to the U.S. as a teenager, joining the U.S. Navy and earning a technology degree in the evenings while in the military, were just a few of the many accomplishments of this 31 year old "accidental" real estate investor. In today's podcast episode, Anton Ivanov shares how, after completing 6 years of active duty in the military, getting a job as a software engineer and becoming an accidental landlord, he loves real estate investing and sees it as the key to his retirement in the next 4 years.
For complete show notes go to: http://olddawgsreinetwork.com/from-russia-with-love-for-rei/
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This is our monthly Fun Fact Friday “Ask Bill!” episode, where Bill answers specific real estate investing questions received from during the month from e-mails, in-person conversations, phone calls or through online portals such as BiggerPockets.com and Quora. In today's episode, one person wants to know how to buy land and retire cheap. Another person seeks to use real estate investing to fund a minimalist lifestyle and travel the world.
For complete show notes go to: http://olddawgsreinetwork.com/ask-bill-buy-land-and-retire-cheap/
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Dave Lecko is an Electrical Engineer/real estate investor who would "drive for dollars" to find distressed properties to purchase, rehab and rent out. The process of acquiring the property owner's address and phone number, however, was lengthy and took too long. In this podcast episode, Dave shares how his frustration motivated him to develop an app (that is now publicly available) that can provide the property owner's name address and phone number by simply taking a picture of the property with a smart phone.
For complete show notes go to: http://olddawgsreinetwork.com/secret-weapon-4-off-market-deals/
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Being aware of the potential financial returns of an investment property is the driving force behind a purchase. But how can you find out the financial return of a rental property? Through its ROI (Return-on-Investment), of course! But what exactly is ROI? And what is a good ROI for rental property? In today’s Fun Facts Friday podcast, Bill will take a look at ROI, how it can help you assess the value of a property and how to know what a good ROI is for your rental property.
For complete show notes go to: http://olddawgsreinetwork.com/what-is-a-good-roi-4-rentals/
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He developed a love for investing at age 17 but ended up working for "the man" at a Silicon Valley start-up. With the goal of gaining financial independence and growing wealth, Jefferson Lilly searched for the perfect investment. In this episode, hear how Jefferson's journey ultimately resulted in him becoming a multimillionaire mobile home park investor.
For complete show notes go to: http://olddawgsreinetwork.com/mobile_home_parks_vs_apartments/
IF YOU LIKED THIS PODCAST, we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help in sharing this podcast with others seeking to learn.