Real Estate Investing for Cash Flow with Kevin Bupp

In this inaugural episode of the Friday Cash Flow Tip we discuss the topic of rental collection and I share with you 3 of my proven strategies to make sure you're putting the most money into your pockets each and every month. In this show, you will learn: § How to choose your tenants wisely § Why eviction checks sometimes fail § Why you should never believe your applicants previous landlord § How to enforce a rent payment policy § Why paying your tenants to leave is sometimes the best solution § How to help your tenant find the money to pay the rent that's due § How to use subtle scare tactics to get your tenants to pay up § and much more

This week's show I'm going to cover an awesome story I ran across over the past week which I thought had a ton of relevance to our normal topic of real estate investing and also will provide a compilation of 20 successful habits from two very popular billionaires which I'm sure you'll recognize - Oprah Winfrey and Enver Yucel Basically, a guy named Paul Brunson worked directly for both Oprah and Enver collectively for 6 years and these 20 success habits are derived from his intimate observations with both billionaires. Enver and Oprah are two extraordinary people and I'm sure you'll find this topic as inspirational and inspiring as I did. Here's a link to the article: http://www.huffingtonpost.com/paul-carrick-brunson/20-habits-for-success_b_4739731.html

Our guest of honor for this week's show is senior housing expert, Gene Guarino. Gene is a certified financial planner in the US and Australia as well as a full time real estate investor with over 30 years of experience just about every area of real estate including both residential and commercial.Today Gene is focused exclusively on residential assisted living homes. He's going to show us how this unique combination of residential and commercial along with the timing of the baby boomer generation is an unstoppable waive of opportunity which you can capitalize on - TODAY And here are some interesting facts about the baby boomer market: According to the US Census bureau, 77 million people will be turning 65 over the next 19 years. This means that EVERY DAY 10,000 people turn 65 years of age. 4,000 people a day will be turning 85. That is a huge, unstoppable opportunity where a lot of wealth and cash flow will be created. In this is interview with Gene, you will learn: § Why he’s so excited about the opportunity that exists with serving the aging baby boomer generation § The market fundamentals he looks for when seeking out a new property § Why he focuses on smaller residential senior housing properties vs the larger institutional type § How he’s finding private money to fund his projects § The marketing process he uses to find residents to fill his homes § How he delegates the management and care responsibilities to professionals § The types of properties which make for great conversions into assisted living homes § and much more

Our guest of honor for this week's show is real estate expert and fellow podcaster, Jason Hartman. Jason is a full-time real estate investor specializing in both single family and multi-family investment properties and currently owns investment properties in 11 different states. Jason is a highly sophisticated investor who has been at this for a number of years and shares a great deal of knowledge during our conversation today which I know you'll find highly valuable. In this is interview with Jason, you will learn: § Why Jason loves the housing niche and stays away from the other common asset types (retail, office, industrial) § How he is able to successful operate in numerous markets across the US § Why it's always a good time to invest in real estate as long as you're buying right § What fundamentals he looks for within the target markets he invests in § Why he loves leveraged real estate acquisitions § Why he feels owning your own primary residence isn't the best use of your money § His thoughts on the future of our dollar and the US from an economic standpoint § and much more

Our guest of honor for this week's show is Bill Ham. Bill is a full-time real estate investor specializing in multi-family investment properties in the state of Georgia. Bill started out his professional life as a corporate pilot but soon discovered that there had to be a better way to create financial freedom for himself which is when he bought his first duplex and decided to quit his job and become a full-time real estate investor. In a very short period of time, Bill was able to acquire hundreds of Multi-Family units and utilized forms of creative financing with most of them. Bill shares with us how he started off buying that first duplex, and has quickly moved on to bigger and better properties and continues to implement creative financing techniques into his acquisitions. If you are a new or experienced investor looking to grow your real estate business owning/operating multi-family properties, then listening to this interview with Bill will help put you onto the right path to achieve massive success! In this is interview with Bill, you will learn: § Why he loves apartments and no longer has an interest in investing in Single family § How he used creative financing for most of the properties he's purchased and how you can do the same § The role a mentor played in his education and success as a RE investor § How even starting in one of the most depressed markets in the US (macon GA) Bill was still able to find deals that provided massive cash flow § Why he preferred to build his own management company to oversee his portfolio § Why he feels that building relationships with commercial brokers is key to finding great deals § and much more

Our guest of honor for this week's show is Michael Becker, senior director of lending for Old Capital lending and principle partner of SPI advisory which is a real estate investment firm specializing in multi-family investment properties in the Dallas Fort Worth area. In less than 2 years, Michaels company has been aggressively buying apartment buildings and as of this interview has acquired 1,200 doors and had another 400 in escrow. Michael shares with us how he started off buying single family homes, and has successfully transitioned into buying and syndicating large multifamily properties with other investors. If you are a new or experienced investor looking to grow your real estate business owning/operating multi-family properties, then listening to this interview with Michael Becker will give you new ideas and inspiration as you continue on your journey. In this interview with Michael, you will learn: Why he decided to transfer his primary focus from the lending side over to the investment side of the business How he and his team are financing their deals with HUD's 223(f) program which offers non-recourse debt The system they are using to source their deals and create a consistent pipeline of opportunities even in this highly competitive market Why his group prefers light value-add plays which are already stabilized The qualities he looks for in a property management company and how he seeks them out and much more

Matthew Ricciardella is the managing principal of Crystal View Capital. In the real estate community Matthew is widely renowned and for his deal structuring and deal making skills. Matthew specializes in investments and management of mobile home communities, self storage facilities, office, and retail properties. Over the last eight years, he has been involved in more than $50 million of property acquisitions and dispositions as a principal in shopping centers, business parks, office buildings, mobile home communities, and self storage properties. Matthew is knowledgeable about real estate brokerage, development, construction, financing, syndication, leasing and marketing. He has also been a guest speaker at many prominent real estate industry symposiums. In our interview with Matt you're going to learn: § Why he prefers to diversify into multiple different asset types of commercial investments § How he continually feeds new deals into his pipeline § How having a mentor proved vital to his overall success § Why he prefers off-market deals to working with listed properties and brokers § Why he loves Mobile Home Park properties § and much more

It’s a fact that experience is by far the best teacher, but it is absolutely idiotic to go at it alone if you can find a mentor who has been there and done that to hold your hand and show you the way. My suggestion is to learn from those who do what you do (real estate investor) and who have been extremely successful. This same principal also applies to finding another investor to partner or JV with on a deal. If you can find someone who will compliment your skills and who already has a track record you’ll find that the process is much easier than working with someone who has zero experience. This week’s show will outline the methods which I have personally used in my business to find both partners and mentors and with paired with the will to succeed and some good ol’ hard work I know these methods will also yield results for you if applied correctly. In this show you’re going to learn: · How to build a database of all individuals who own the types of buildings you’d like to one day own · How to directly market to these owners through various methods · How to use Linkedin to find your ideal mentor or partner · Why you need to formulate a concise action plan - TODAY · How to use brokers to help you find and get introductions to owners and potential partners · And much more…

In today's show we have a candid conversation with Michael about his start in the software industry with a company that went public and then how he then took his skills and money and transitioned into real estate investing and owning multiple pizza franchises up to what he specializes in today which is syndicating apartment buildings and teaching others how to do the same. Michael’s focus is buying apartment buildings by raising money from private individuals and he’s been investing in residential and multifamily real estate since 2005 and began syndicating deals in 2010 and shares with us the details of all his experiences along the way. In this interview, Michael shares with us the skills necessary to raise money for your RE deals via syndication. Michael proves that with the proper education and guidance that anyone with a will to succeed can successfully syndicate Real Estate Investments. In this interview with Michael you’re going to learn: § Why he decided to transition from SFR into MF real estate § How he successfully raised capital for his apartment building acquisition as well as his pizza restaurants via syndication § Learn how his partnerships with his investors is structured § He tells us his method for finding investors for his deals and gives advice on how you should do it § Hear him discuss some of the difficulties and challenges he experienced when looking for investors § Why if he could do it all over again he would have bypassed investing in SFR and started immediately in Multi-family § Learn his secret, but simple, method for getting things done and being productive on a daily basis § and much more

Due to a large amount of emails over the past few months from our listeners who have had questions regarding current commercial and multi-family deals they're working on and how to effectively determine if they should move forward or pass I thought it would be appropriate to cover the topic of due diligence and it how it plays into the acquisition process and how proper due diligence can be the difference of identifying and moving forward on a great deal or being able to avoid a lemon. In being a real estate investor you must acknowledge the risks associated with purchasing income producing property; however, you must also devise a solid plan for identifying and minimizing those risks or you will be the guy that is struck with analysis paralysis that looks at everything but buys nothing. The idea of the “perfect deal” that has zero risk doesn’t exist so you might as well stop wasting your time looking for it. In fact, the more problems associated with a particular property typically result in more reward per ones efforts – I said typically but not always! We all make mistakes being a real estate investor, but if you do your homework and do a thorough job during the due diligence process then you’ll do just fine In this show today you’re going to learn: § What due diligence is and why it’s some important in the acquisition process § How to effectively evaluate your competition during the due diligence process § Why sellers are liars until proven otherwise and why you need to verify every possible thing § How skipping environmental inspections on a property can put you in financial ruins § and much more