Real Estate Investing for Cash Flow with Kevin Bupp

Karma Senge is the president of Karma Investment Properties. Karma Investment Properties is an active opportunistic and value-added real estate investment firm that is an investor, developer and asset manager of multifamily investment properties. The firm’s investment philosophy is to identify and capitalize on emerging real estate trends in growing markets before they become noticed by the broader investment market. Karma Investment Properties uses a niche acquisition strategy that capitalizes on targeting a specific group of growing and underserved rental housing consumers and applies its lifestyle community approach to the investments. In this interview, Karma shares with us the secrets to his success and how you can apply those same principles to your real estate business. Karma proves that with the proper focus and a strong will to succeed that anything is possible. His only regret – he wishes he would have started investing in Multi-Family properties a long time ago. In this interview with Karma you’re going to learn: § How having a mentor and coach has been an integral part of his success in real estate § How he successfully transitioned from single family investments into his first apartment acquisition § Why he decided to focus his efforts on multifamily instead of the other commercial asset classes § How he was able to go from knowing "little to nothing" about commercial real estate to owning 318 MF units in less than 1 year § How he's able to continually achieve 10% and higher response rates on his direct mail campaigns § Why he prefers off-market deals to working with listed properties and brokers § Why if he could do it all over again he would have bypassed investing in SFR and started immediately in Multi-family § and much more

We all know that it is more blessed to give than to receive, a particularly apt rule during the holiday season. But what you may not know is that people who are givers in both their personal and working lives — through mentoring, fundraising, monetary donations, volunteering time, making introductions and sharing their expertise — land at the top of the success ladder. In today's show I provide my personal account of my experience as it pertains to charitable giving through the www.72HoursToKeyWest.com bike ride and www.TinyHandsFoundation.org and how it has helped my business grow.

Tom Hopkins is world-renowned as The Builder of Sales Champions. His selling skills and sales strategies have helped millions of real estate & sales professionals serve more clients, make more sales and earn millions in income. Tom got his start in real estate sales when he was just 19 years of age. After an initial period of abject failure, he started learning the communication skills that made him the #1 real estate agent in the US within 7 years. Since 1976 he has been teaching others his simple, yet powerful strategies and tactics through live events, books, CDs and video. Millions have turned their cars into classrooms, listening to Tom's advice on the way to appointments with potential new clients. In this interview with Tom you’re going to learn: § How having a mentor and coach was integral to his success in real estate § Why he feels that anyone can become a great salesperson if they learn the basic principles and apply them § Why you must continually work to increase your vocabulary and how he suggests you do this § What the most common traits found in top sales people are and how you can learn to adapt them § How to get passed the dreadful word "NO" and use it as a springboard to get you to the "YES" faster § Learn some of the top closing techniques which can be directly applied to your real estate business § How to properly handle and overcome objections § and much more

In the process of building your real estate investing business, it's important to have a route map along with a strong desire to succeed if you want to make it in this business. In this week’s show I share the 10 golden rules that I actively practice in my business each and every day. These 10 rules were derived from 15 years of active real estate investing and are part of the reason why I am where I am today. You may have the greatest opportunity in the world but if you don't have the right plan to follow, it will be hard to ever build momentum and keep your business going. It doesn't matter if you are just starting out, or if you're an experience investor raising money from Wall Street institutional investors, I truly believe that your business will benefit from these 10 golden rules. Here’s what you’ll learn: § Why thinking big should be part of commercial real estate investing plan § Why having a set plan of action is the best way to gain clarity as you start your business § Why cash flow is king and appreciation should be considered icing on the cake § How getting the proper education and mastering the key financial evaluation metrics is critical to your overall success as a commercial real estate investor § Why your network and the relationships are so important in this industry § How buying properties on pro-forma numbers will sink your ship in no time flat § Why it's critical to build a sustainable system for find off-market deals and why it's something you need to be doing NOW § How the people and industry professionals you surround yourself with accelerate your success and help you reach higher in this business than you ever thought possible

Our special guest this week is Arndt Nicklisch, Founder of American Eagle Capital Partners, headquartered in New York, NY. American Eagle Capital Partners is a private real estate investment firm that acquires and operates suburban office properties in select major metropolitan markets throughout the United States. Prior to forming American Eagle Capital Partners, Mr. Nicklisch served in many high-profile roles with both private and publically traded Real Estate Equity firms. His experience and high level of expertise in the commercial real estate space is unsurpassed and I'm positive you'll enjoy our candid conversation with Arndt as we uncover we he got his start and how he's made it to where he is today. In this interview with Arndt you’re going to learn: § The reasons he chose to leave a large equity firm in order to start his own REI group and why he wished he would have done it sooner § Why he prefers property specific capital raises to doing blind pool offerings § Why his group is focused on the suburban office sector § Why he prefers outsourcing his leasing and management to 3rd party groups rather than having it in-house § Why "remaining nimble" is a key component of American Eagle's investment strategy § The advantages of creating relationships with brokers and other industry professionals to keep continual deal flow § The primary downsides of the suburban office niche and how his team identifies the risks and overcomes them § And much more...

Do you feel like you’re continually running into road blocks on your way to doing your first RE deal? Well, based on recent feedback from a bunch of our listeners it seems that you’re not alone. In this week’s show I’m going to cover the 5 key steps that all new investors must master in order to get their first deal done. These 5 steps based on the actions I would take if I were starting all over again. Becoming a successful real estate investor doesn’t come natural for most; it’s a learned skill. If you implement the 5 steps I discuss in this week’s show, I promise that you will be on the right road to success as a real estate investor. My advice for you – TAKE ACTION AND IMPLEMENT THESE 5 STEPS!

In 2001, Frontier Properties founder Mark Podolsky was an Investment banker with a crazy high-pressure lifestyle in Phoenix. Like several of his colleagues, Mark liked the idea of investing in real estate. So the next time he earned a commission check, Mark went down to a tax sale auction at the county. He ended up buying a property with a commission from a big deal… and what’s more, Mark put everything he had into buying land in New Mexico. “My wife thought I was crazy, he says, but I told her, ‘at least we own land.”Sure enough, Mark was able to sell all his New Mexico property at a profit. Even better, Mark was soon able to quit his job to go into the real estate business full-time. Mark shares with us the steps he took to get to where he is today in having completed more than 5,000+ land transactions. Also, Mark walks us through a few of his most recent land acquisitions and speaks specifically to the step by step process of how he’s built his business. In this interview with Mark you’re going to learn: How to buy raw vacant land in desirable areas for 10-20 cents on the dollar The reasons why sellers will let their land go for so cheap How he's been able to consistently get returns as high as 1,000% and won't even consider a deal unless he's set to make a minimum return of 300% How you can truly get started in this niche with very little money - seriously, this isn't BS. How to find the best end buyers for your raw land deals The biggest challenges with this strategy Why he offers easy no qualifying seller financing How he does all of his due diligence from his home in AZ and never visits a property in person And much more

In 2006, Michal transitioned from single family home investments into buying and syndicating value add multifamily properties in the Southeast U.S, where he has amassed a very impressive portfolio of 2,000+ Multifamily units and is adding on average 500 additional units each year. Making the leap from single family into multifamily investments is a great way to grow your business and start building massive amounts of passive income. Michal shares with us both the challenges and lessons he has learned through his path to success as a Multifamily REI expert. Also, Michal walks us through one of his most recent value add multifamily acquisitions and speaks specifically to the step by step process of using Auction.com as a source of acquiring undervalued commercial real estate investments. You're going to love Michal’s story. In this interview with Michal you’re going to learn: How he successfully transitioned from single family investments into his first apartment acquisition Why he loves apartment buildings and stays away from other asset classes The steps you need to take in order to get investors begging you to invest their money in your deals Why he thinks that the best opportunities in multi-family are the ones priced within the $4-10 million range Why he feels it's smart for first timers to buy a smaller 2-6 unit property for your first deal in order to help gain experience and build a track record How he bases his interest in a market by whether or not Fannie Mae is lending there and why you should do the same How to find hidden gems in the second tier markets The details on how his funding structure is setup with his money investors And much more…

When a property owner fails to pay the taxes on his or her property, then the city or county in which the property is located has the authority to place a lien on the property to protect their interest. A lien is a legal claim against the property for the unpaid amount that is owed; property that has a lien attached to it cannot be sold or refinanced until the back taxes are paid and the lien is removed. Ross Budrakey is a nationally recognized expert and educational trainer in the niche of investing in Tax Lien Certificates and Tax Deeds. Within a year of learning about tax liens and deeds, Ross tripled the value of his retirement account. Through the application of his tax sale process and the application of his wealth philosophies, in less than 3 years, Ross has grown his real estate holdings to over a million dollars. Ross believes anyone, even if they are working full time starting with little money or assets, can become wealthy within three to five years in their own business. Now, he is on a mission to help other individuals achieve their financial goals and more importantly stay wealthy by protecting their assets. Ross shares his proven tax sale strategies to help people live the lifestyle of their dreams and hopes they will pass that knowledge on to their children. In this interview with Ross you’re going to learn: · What is a tax lien and why you need to be investing in this lucrative investment vehicle · What attracted him to this somewhat secretive niche of real estate investing · How he transitioned from using his own money to purchase tax liens to raising private money to all his deals · How and where he networks to meet his private investors · The people you need on your team in order to scale your tax lien investing business throughout multiple counties and states · How he’s Earning as much as 24% in certain markets · Why tax liens have almost no risk · How to do your due diligence on a tax lien · And much more…

Working a full time job while investing in real estate is not always an easy task – but as our guest today shows us, it’s very possible if you put your mind to it and take the right steps. On today’s show we speak with Kevin Young, a real estate investor who has built up an impressive Commercial Real Estate portfolio all while working a very demanding full time job. Kevin’s story is proof that it’s possible to become a successful commercial real estate investor while working a full-time job as long as you’re willing to put in the time and get the proper education and align yourself with the proper people within the industry who can help you reach your financial goals. Oh, and if working a full-time job isn’t enough, Kevin is an Ironman Triathlete who trains on average 15-20 hours per week. The point I’m trying to make by telling you all of this is that there are no excuses of why YOU can’t build a CASH FLOWING commercial real estate portfolio while working your current job. The proof is right here ladies and gentleman! In this episode, Kevin shares with us the processes and systems that he’s used to build his real estate portfolio and how anyone listening to this show can yield the same results if they take the proper steps. In this interview with Kevin you’re going to learn: How he got started in the RE business His first steps to getting educated and why he feels the CCIM course are imperative to your success as an investor The big lessons he learned on his first deal The importance of surrounding yourself with a team of professionals who know the business Why sometimes it’s a bad idea to get family financially involved in your RE transactions How has learned how to successfully structured his life to allow him to work his full-time job, be a part-time investor, and also be involved in multiple other hobbies Why it’s important to learn how to talk the talk, before you walk the walk And much more…