This powerful episode breaks down (10) traits you need to be a successful investor. Let’s see if you measure up and have what it takes! Do you have 1-Imagination 2-Resourcefulness 3-Persistence 4-Self-Confidence 5-Acceptance of Risk 6-Self Organization 7-Willingness to Sacrifice 8-Support 9-Motivation 10-Courage. The introduction song is from Eric Thomas from the album Dr. Thomas called “Grind” you can purchase the album on his website at www.etinspires.com and on Amazon. Don’t be shy share your thoughts! Go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voice mail!
First I am honored to be interviewed and especially from out of the country! I am excited to share this podcast, I believe there are several gold nuggets to empower you as an investor in any stage of growth. Second this is my first interview which captures my heart of why I am doing this all at the same time physical driving and looking at properties. Here are some takeaways: -Don’t do it for the money, do it cause you get to help people and live your dream. -The more you fail, the more you succeed…failing is feedback. -What is the worst that can happen? -To really grow your business, you have to get out of your business. Get the right people and train them properly. -Do it now or never….you have to make a decision.-You have to leverage your time. -Outsource as much as you can and duplicate as much as you can, within reason, so you can protect yourself. Third support Kevin in the same desire to help investors grow their business visit his site at LifeStyleHousing.ca Do you have a story to share? Go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voice mail!
My peeps is back to drop a best deal Friday with Justin Gentry taking on a 40 unit apartment building in dire straits by “Subject to” and proceeded to “Short Sale” the deal with the lender. Epic in patience, and persistence. Listen to episode #054 for all the details. Do you have a deal to share? Go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voice mail!
Leverage your life is Ron Harris’ motto from day one. Meet a real [estate] entrepreneur living the dream of building multiple businesses one at time from coaching clients to a real estate brokerage office. Ron hosts several meetup groups to help investors(entrepreneurs) grow their own business. You may think IT(computer) work is boring and it maybe to some but but Ron is far from boring to expansive. Now meet Ron Harris! Do you have a story to share? Go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voice mail!
Fabulous Friday featuring Al Williamson chatting about a one bedroom, 100 year old crib with little return into a 100K equity in Sacramento, California. Peeps you can do it! Do you have a deal to share? Go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voice mail!
Dealing with accountants can make you a mad man. Don’t be a fool and run from the numbers. My goal for this episode is to motivate you and get you to think of the future in building your business. Numbers tells the true story. You are the main character in your own story, do you know what the next play is? Can you tell me what your ratios are? What percentage should you pay into social security? Learn from my mistakes in how I went wrong with running my books without proper help in bookkeeping. Do you have a story to share? Go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voice mail!
Justin Gentry is an investor that grids it out every day. His passion to help people is evident the moment you chat with him. Super savvy in reconstruction of fire damaged properties, also known as “burn outs” some call him the Burnout King(BK). I call Justin my friend since he showed me mad love in saving me on my first apartment deal. When I reached out to Justin 5 years ago he had 70 units and just finished rehabbing a 40 unit apartment building which he took over “Subject to” and proceeded to “Short Sale” the deal with the lender. Now with well over 130 units and building homes grab some water for you are going to put out a fast and furious fire of an episode. Do you have a story to share? Go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voice mail!
Oh we are on a roll with best deals! Truly, what is a best deal? Profit? Speed? You can profit from learning. Gaining knowledge is what this best deal is all about. I go over a deal I just flipped and grew from. Here are some takeaways using a line of credit, refinanced, FHA to Conventional, working with Realtors, making offers in cash and so much more! I would love to hear your best deal. Do you have a deal to share? Go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voice mail!
Getting the real estate investor bug can be like getting a slam in the face. Mr. Williamson didn’t get slammed but received life changing advice before saying “I Do” at the alter. Meet an educated civil engineer who bought a property with “No Money” down on this first transaction back in 1996. Me personally I never heard of the words “ancillary income” income until I met Al at a Mr. Landlord Conference which now has peaked my interested in how to make extra income off my already producing assets. You will hear Al talk about huge returns on simpling adding some Ikea furniture and using AirBnB on couple of his units. I mean serious extra income! If you have an idea in how to produce ancillary income then leave me a voice mail at ask.savvylandlord.me or go to www.savvyradioshow.com!
Did you know when you have a claim with frozen pipes the insurance company doesn’t cover the plumber’s part of the repairs? Go figure!! You’ve slaved in raising the money, finding the deal and securing a tenant don’t be lazy. Winterize your asset. Don’t fail where I have in assuming everyone knows how to winterize their rental home. In 2014 I had 11 units do down in a blaze with busted pipes, don’t be this guy! Listen to some motivation to motivate your tenants in taking care the property minus the ice. It’s cold outside and grab some cocoa and enjoy. Do you have a story to share? Go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voice mail!
Fabulous friday featuring my first deal. I hope you find it motivating to find your best[1st] deal. Do you have a deal to share? Go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voice mail!
Something smells funny like gas. Fun times at the courthouse. I got sued from a tenant claiming there is a gas leak. Of course this is a serious matter and we jumped to resolve any issues, but that’s never enough when a professional tenant is seeking “Pain & Suffering”. Listen to this story to get tips to help run your business and cover your a$$et. If you have any court drama go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voice mail!
Fabulous friday featuring best deal ever. My friend Thomas Morgan shares a deal that went bust, but popped some freebie toys instead like a boat and motorcycle for a cancellation prize. Do you have a deal to share? Go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voice mail!
Have you had a break-in at one of your rental properties? Do you operate in the ‘hood’ or ‘warzone’? This is episode can ease your mind a little with some tools out of the toolbox to help you guard against thieves. Do you have tip to share? Don’t be shy share it with me and to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voice mail!
Alex Albers a corporate man working in the printing industry for over 20 years is closing in on walking out to live his dream. Alex’s motivation for real estate is deeper than the average of just getting rich. Mr. Albers has leukemia and has to take medicine that costs 10K a month (go big pharma). Alex is a slave to his job to have adequate insurance until he found real estate investing! Be inspired of this true story of one man’s will to get out of the rat race to financial freedom. Within 3 years part-time at night pursuing his dream, Alex’s has acquired 10 rental units on a mission with a 10 year goal set or may I say GO plan! Do you have a story to share? I would love to hear from you go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voice mail!
Listen to Alex Albers talk about a best deal he stumbled on in a great area. Do you have a deal to share? I would love to hear from you go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voice mail!
Today we are talking about saving money! Some say “investors are cheap”, I say savvy investors know what to do with the money they make(stretch it). Today start spending money on things that make you money, like buying a coupons from www.mycheapcoupons.com and turn a $1.50 investment which can yield $150.00 or more in savings (a return). If you said yes to the title of this episode, then turn up the volume. I would love to hear from you go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voice mail!
Creative financing is non-traditional or uncommon means of buying an asset. The goal of creative financing is to purchase, or finance a property, with the buyer/investor using as little of his own money as possible, otherwise known as leveraging, OPM (Other People's Money). Thomas Morgan from Chattanooga, TN drops it like it’s hot. Need help closing a deal or even an idea how to we can help go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voice mail with your question! Or see Thomas live at www.investorweekend.com
Pat Pointon is legendary in Oklahoma for many reasons one he is still doing deals in his 70s. The goal is for you to be motivated to have your own best deal. I would love to hear from you go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voice mail!
I love talking to investors that have the same mindset as I do. Lee is creative and super savvy from hiring virtual assistants in provide service to selling off part of a mortgage to a note buyer. (Episode #038) Creativity is Lee’s middle name with providing solutions to all deals. You need a solution we can help go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voice mail with your question!
Everyone has the same amount of time. The difference is what you do with your time that matters! Time is an a$$et. Time is worth more than money. You can always make more $$ money, you can not make more time. I mention a book called 15 Secrets Successful People Know About Time Management: The Productivity Habits of 7 Billionaires, 13 Olympic Athletes, 29 Straight-A Students, and 239 Entrepreneurs Kindle Edition by Kevin Kruse . I would love to hear from you go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voice mail!
Let’s talk "subject-to" which means that taking a property over(buying) from a seller and it is still titled in the buyers name, but the loan continues to stay in the sellers name. Therefore, you are buying the property "subject-to" the sellers existing mortgage. You are about to listen to a casual conversation of one powerful way to acquire an asset with no or little money. My friend Pat Pointon is back to break it down and share his wisdom. I would love to hear from you go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voice mail!
Today’s interview is short and sweet. Sweet meaning best deal ever. Lee Smith is super passionate about real estate investing and being creative in his deals. The goal is for you to be motivated to have your own best deal. If you have a best deal ever, I would love to hear about it go to this link ask.savvylandlord.me or go to www.savvyradioshow.com and leave a voice mail!
Negotiating is a skill you can learn, develop and master. Great negotiators are sought after to make deals happen and are rewarded handsomely for their skill set. Now listen & learn to 15 ways you shouldn’t do during negotiations. Text the word ‘ASK’ to 545454 to join the list and then share your success! www.savvyradioshow.com
Wholesale, Wholesale how do you Wholesale? My friend Thomas Morgan is back to talk about deals and wholesaling real estate. Learn from this 8 year veteran with 30+ ‘Subject Two’ deals and hasn’t needed bank funding with over 22 units that he owns or do I say controls! Have you wholesaled a deal? What’s your story text the word ‘ASK’ to 545454 to join the list and then share your success! www.savvyradioshow.com