Real Estate Investing for Cash Flow with Kevin Bupp

In the final part of our 3 part series we will end the show with the final 11 most costly mistakes and how to avoid them. In this show you’re going to learn: · How to determine what a “good deal” means to you · Why it is imperative that you learn how to properly evaluate deals · How to avoid falling victim to a HOTT real estate market · Tips on accurately estimating your holding costs, repairs, financing costs, etc. · Why you can’t get rich treating your RE business like a hobby · Why it’s a terrible idea to take advice from friends and family who aren’t in the business · And much more…

In our second part of our 3 part series we will be diving in a little deeper and providing you with some great advice on how to avoid some common mistakes as a real estate investor In this show you’re going to learn: · Why a cheap property doesn’t mean it’s a good deal · How to avoid being misled by Real Estate agents and brokers · Why being friends with your tenants can spell DISASTER · Why curb appeal should be your 1st priority · How to enforce a rent collection policy and ensure your tenants follow it · Why your family needs to always take precedence over your RE business…no matter what! · And much more…

It’s a fact that experience is by far the best teacher, but it is absolutely idiotic to reinvent the wheel. My suggestion is to learn from those who do what you do (real estate investor) and who have been extremely successful. The following 31mistakes come from a combination of my own personal experiences throughout my 14+ year investing career and from the most common responses I get from other successful investors when I ask them about their past and get the details on how they built their real estate business. Learn from this series and avoid making these same mistakes. In this show you’re going to learn: · Why it’s imperative that you have a game plan in place for your business · How to avoid the "tenant from hell" · Avoid being ripped off by contractors · Learn how to build your all-star team · Why cash flow should be your #1 priority · How to plan so that you don’t run out of cash on your rehab or turnaround · How to ensure that you’ve properly protected your assets · And much more…

Empty rental units mean empty bank accounts. There is no faster way to deplete your bank account or reserves than to have a vacant rental unit sitting, wasting away. In order to stop the bleeding and be successful in this business, you must have multiple surefire methods to fill your vacancies as fast as possible. Becoming a leasing/marketing expert doesn't come natural for most; it’s a learned skill and one that takes time and testing to perfect. The methods I’m going to share with you today are methods that I’m either currently using in my business or have successfully used in the past to fill my own vacancies extremely FAST! These methods work on any type of rental unit (homes, apartments, trailers, condos, etc) and will work in most any area of the country, although it is up to use to test and find the ones that work best for your particular situation. If you utilize the methods I discuss in this week’s show, I promise that you will fill your units faster than you ever have before, which means you’ll be filling your pockets with CASH. My advice for you – TAKE ACTION AND IMPLEMENT THESE TECHNIQUES and then send me a "Thank You" email once you find your tenant:) In this show you’re going to learn: How to fill your vacant rental units at lightening speeds Why I feel that bandit signs are the best bang for your buck How a $5 Glade plug-in can help you rent your units faster The secret to attracting police and fire fighters as your tenants How to secret shop your competition and get the inside scoop. And much more...

Al Roti is a nationally recognized author & expert in the niche of government assisted section 8 rentals. Al began his investing business more than 20 years ago working as an apprentice carpenter for another local investor who specialized in low-income section 8 rentals. Very quickly, Al realized that he wanted to become a property owner and investor so he did what any smart person would do, he went looking for a mentor. As luck would have it, Al worked out a deal with his current boss to show him the ropes and help him buy his first investment property, and in exchange Al would agree to work for free. Fast forward twenty years; Al has built a very impressive rental portfolio consisting of 50+ single family homes in great neighborhoods that he rents to section 8 tenants that throw off a massive cash flow. His system of finding only the BEST tenants is so good that in his 20+ years of investing he’s never had to file a formal eviction. In this interview, Al shares with us his secret sauce that has made him a multi-millionaire. Al opened my eyes to multiple things I never knew about the section 8 business and I’m positive that you’ll also gain a vast amount of powerful knowledge from this interview as well. In this interview with Al you’re going to learn: · What section 8 is and how it works · How to get your rents guaranteed by the government using the voucher program · The process of finding extremely high quality section 8 tenants and filtering out the bad ones · Why Al prefers to buy in good areas vs. the more common crime ridden low-income section 8 areas · The benefit behind section 8’s yearly inspection process and how to use it to your advantage · How slow and steady investing has allowed Al to build a massive cash flow machine · And much more

Donna Serdula is a nationally recognized speaker, accomplished author, and leading educational authority who works with companies and individuals to help them leverage the power of the world’s largest professional network – LinkedIn. With more than 187 million members across 200 countries, LinkedIn has changed the way real estate professionals do business. Initially viewed as an online resume, LinkedIn is now thought to be the online social site for business professionals to connect, network and engage. In this interview, Donna walks us step by step through how we, the real estate investors, can leverage the massive power of LinkedIn to expand our network and put rocket fuel into our real estate business. Donna opened my eyes to multiple strategies which I’m positive will grow my business, and I’m positive that you’ll also gain a vast amount of powerful knowledge from this interview that will help you take your business to the next level. In this interview with Donna you’re going to learn: · How to use LinkedIn to brand yourself as an industry expert · How to optimize your profile so that it stands above all the rest · How to grow your network at lightening speeds by utilizing LION’s · The secrets to finding and connecting anyone and everyone · The power of LinkedIn groups and how they can fuel your business · The secret $7.99 premium account that LinkedIn doesn’t want you to know about · And much more

In this episode, we are speaking with Richard Muhlebach, a 40-year commercial real estate broker and manager who is an expert at repositioning commercial real estate assets. Richard teaches a course on this very topic entitled, Repositioning the Asset to Maximize Value, has co-authored 19 books on commercial real estate, and is a highly sought after international speaker and trainer. This interview with Richard will provide you an inside look at how to successfully reposition real estate investment property. Whether you are planning on buying a property with value-add potential or you already own a property in your portfolio that needs to be repositioned to realize its highest yield, Richard pulls back the curtain and shares the key information that will help you have more success with your commercial property repositions. In this interview with Richard you’re going to learn: What it means to reposition a property and how to do it successfully The one most important item that will determine whether or not your property worthy of a reposition The different types of reposition strategies How to determine if a property is a candidate for a repositioning The professionals and experts who are required on your team to ensure a successful reposition How to determine the correct target market How to properly assess the capital improvements needed And much more ·

Michael Reinhard is an independent commercial mortgage banker for Texas Commercial Mortgage and a Texas state licensed real estate broker based in Houston, Texas. Michael has 20 years experience in financing and brokering commercial real estate investment properties throughout Texas and surrounding states. He began his commercial real estate career in Houston after earning a Masters degree in Land Economics & Real Estate from Texas A&M University in May 1989. He was formerly employed as a senior commercial real estate loan officer for Imperial Capital Bank and was responsible for underwriting and originating commercial real estate loans for both private and institutional investors and developers throughout the United States. He has originated and underwritten over $300 million in commercial real estate loans since 1995 for the acquisition and refinance of apartment buildings, retail centers, office buildings, industrial warehouses, hotels, medical facilities and mobile home parks. Michael will share with us the in’s and out’s of financing your commercial investment property and navigating the sometimes turbulent waters of commercial real estate financing. In this interview with Michael you’re going to learn: · What the primary differences are between a commercial mortgage and a residential mortgage · Learn the 7 primary sources of where the money is coming from to fund your deals · Learn the components of preparing a “kick ass” loan package · How to obtain a commercial loan, even if you have little to no track record · Learn why you have many more funding options when dealing with a broker vs. your local bank · Learn the difference between recourse and non-recourse debt · And much more

Wayne Sanford, also known as “Wayne the Credit Guy“, is the owner of New Start Financial Corporation. With nearly a decade of experience working in the credit industry, Sanford has personally reviewed more than 13,000 consumer credit files for mortgage professionals, investment groups and consumers. Labeled as the “Company with Credentials“, New Start Financial Corporation works with financial professionals and consumers across the country. Sanford and his staff offer “real world” advice and help layout the best course of action consumers need to follow in order for them to achieve their financial goals. Wayne’s understanding of credit laws, how they function and the ways in which they are interpreted by credit bureaus, creditors and collection agencies is the key to his success. Wayne is a regular credit advisor to radio news programs, has appeared on CBS news across the country and frequently contributes to several of the more renowned financial websites available on the internet such as AOL Finance, Yahoo Finance, FoxBusiness.com, Money Magazine and Dun & Bradstreet. Wayne is also currently an instructor for Kaplan University and Ebby Halliday Realtors the # 8 independent owned R.E firm in the U.S for 2012 ranked by Real Trends in the Dallas Biz Journal. In addition Wayne is an educational provider for the Texas Real Estate Commission which is the division for the State of Texas that holds the Real Estate licenses for Texas Realtors. Wayne brings “real world” applications to consumers who are searching for practical answers to their credit questions. As part of his quest to give mortgage professionals, realtors and consumers a better understanding of the complicated credit system, Sanford volunteers his time and knowledge to working with future homebuyers and victims of domestic abuse trying to restart their lives and create a better life for themselves and their families. In this interview with Wayne you’re going to learn: · How credit scores are determined · Understand the viewpoint of how a mortgage underwriter looks at your credit and your ability to borrow · How to successfully boost your credit by 10-15 points in a very short period of time · Learn the common misnomers of the credit scoring system · The process needed to clean up your credit after a BK or foreclosure · How to protect yourself and your credit when going through a divorce · And much more…

The founder of Hassle-Free Cashflow Investing, David Campbell, started investing in real estate part-time while he was working as a full time high school band director with zero net worth. Within six years and before the age of 30, David had become a financially independent millionaire through the vehicle of part-time real estate investing. David left public school teaching in 2005 to focus on real estate development and commercial real estate investment brokerage. His company’s investing and advisory experience has included single-family houses, apartments, retail, office, medical, condo-conversion, net-leased properties, syndications, land development, production home building, private lending, and winery. David has been a featured guest on some of America’s top radio shows for investing. His blog www.HassleFreeCashflowInvesting.com has been named one of the top 100 real estate blogs in America. David is widely recognized as a cashflow real estate investing expert with real estate transactional experience well in excess of one hundred million dollars. David currently serves as CEO alongside his wife Tamsyn as CFO of various development and asset management companies. In this episode, David will pull back the curtain and talk to us about NNN lease investments and why he feels that any active investor looking for a “TRUE” passive income stream and secure returns should strongly consider adding this investment to their real estate portfolio. In this interview with David you’re going to learn: · * How he went from being a high school band teach to more than $800 million in real estate transactions in just 14 years · * How and why he became a specialist in NNN lease investments · * What a NNN investment is and why you should consider this type of investment if you enjoy passive income streams · * Why NNN investments are typically a very safe and low hassle type of real estate investment · * How and why David selects the particular group of NNN tenants he invests in · * How he identifies great NNN investment opportunities · * David will also share with us how to access his many hours of free training content that he has built of the years – and it’s incredibly valuable – no strings attached Important links Discussed on the show: Free 1 hour video on NNN lease investments: http://www.hasslefreecashflowinvesting.com/introduction-to-nnn-commercial-real-estate-investing/