How Are You Preparing to “Exit Rich” in Real Estate? w/ Sharon Lechter & Michelle Seiler Tucker



Sharon Lechter & Michelle Seiler Tucker have spent their careers focusing on one main goal: exiting rich. Whether you own a manufacturing business, a nail salon, or a portfolio of rental properties, you may one day be bought out in a fantastic fashion. In fact, that’s what their book “Exit Rich” is about!

Sharon and Michelle walk through the 6 Ps to a profitable exit, regardless of the business you’re in. This can help you as a real estate investor start putting systems in place to grow your portfolio faster and with less work from you later on. If you’re willing to put in the upfront effort to start hiring right, systematizing, and opting for efficiency you most certainly will “exit rich”!

~~~~
Join The Official BiggerPockets Facebook Group 👇
https://www.facebook.com/groups/biggerpocketsofficial/
~~~~
Get Tickets to BPCon 2021:

MAIN EVENT PAGE


~~~~
Sign Up for a Webinar Today:
https://www.biggerpockets.com/webinars
~~~~
Get “Exit Rich” Today:

Home


~~~~
Connect with Michelle and Sharon:
https://seilertucker.com/ & https://sharonlechter.com/
~~~~
Sign Up for Brandon’s Text Newsletter:
https://www.beardybrandon.com/text
~~~~
Follow Brandon and David on Instagram:
@beardybrandon or https://www.instagram.com/beardybrandon/
@davidgreene24 or https://www.instagram.com/davidgreene24/

Episode 489

Show notes at: https://www.biggerpockets.com/show489

0:00 Intro
2:13 Quick Tip
3:07 Exiting Rich with Sharon and Michelle
10:14 Why Most Businesses Won’t Sell
15:46 P #1: People
24:50 P #2: Product
26:53 P #3: Processes
36:08 How are Companies Valued?
37:56 P #4: Proprietary
41:33 Company Names and Branding
56:30 P# 5: Patrons
1:03:01 P #6: Profit
1:07:24 Famous 4

source

Private Money's 5 Commandments for Real Estate Investors



Step-by-Step Strategy to Raise Private Money 👉 http://privatemoneysecrets.us (It’s FREE, no name or email required)

If you’re struggling to find private money for your real estate deals, you’re not alone. It’s a mystery for most, but I’ve solved it for you. Enjoy, and be prosperous!

Creative Financing 101 👉 http://creativefinancing.us

Private Money Secrets 👉 http://privatemoneysecrets.us

My name is Matt Theriault. When aspiring, frustrated investors are stuck in the proverbial “rat race,” they come to me.

I help these people create passive income through creative real estate investing strategies so their money works harder for them than they do for it, resulting in ultimate financial independence and freedom. Get Started here 👉 http://EpicBreakthrough.com

Whenever you’re ready… here are 3 ways I can help you become the healthy, wealthy, beast of an investor God designed you to be:

1. Become an Epic community member at “Epic Real Estate Investing.”
One of my favorite things to do is share with investors real estate trends, interesting guests, and housing market news. We do it every week and you can listen in by subscribing to http://EpicRealEstateInvesting.com on Apple Podcasts.

2. Learn to creatively financing real estate
If you want to go deeper with creative investing tactics, wealth-building strategies and have a little fun, too… take the first step here for free 👉 http://bit.ly/epicrbb

3. Work with me One-on-One
If you’d like to work directly with me on your business… meet me here and answer some quick easy questions and we can hop on the phone to brainstorm some cool ideas for you and your market 👉 http://bit.ly/epicace

Also…check these out 🙂

EpicFastFunding.com (Quick credit lines up to $250,000 – Instant Approval) 👉 http://bit.ly/epicfast

REI Blackbook (Everything you need to run your real estate investing business) 👉 http://bit.ly/epicrbb

Propstream (Most trusted provider of real estate information) 👉 http://bit.ly/OffMarketRealEstate

Best Direct Mail Source (Best Lists, Best Postcards, FREE Coaching) 👉 http://bit.ly/epicrpm

QUESTIONS ABOUT EPIC PRODUCTS AND SERVICES, CONTACT SUPPORT
support @ epicinvested (dot) com.

NO INVESTMENT, FINANCIAL, LEGAL, OR TAX ADVICE. FOR EDUCATIONAL PURPOSES ONLY.

source

1629023149 Hqdefault

I Was Wrong! There is NO Real Estate Bubble!



https://fred.stlouisfed.org/series/ATNHPIUS38860Q

https://fred.stlouisfed.org/series/ATNHPIUS39660Q#0

================================
Sign up for email list here. https://mailchi.mp/0a0c258dd676/sign-up-page

LET’S SOCIALIZE!
Linkedin: https://www.linkedin.com/in/joshscandlen/
https://parler.com/profile/Scandlen/posts
https://rumble.com/c/JoshScandlen
https://www.bitchute.com/channel/cdoxRC74aEjb/
https://mewe.com/i/joshscandlen
https://mewe.com/p/heritagewealthplanning2

My course “Can I Retire” will help reduce your stress when it comes to retirement planning.
Get it here:
https://retirementplanningschool.teachable.com/p/home
and don’t forget there IS a 30 day money back guarantee if you’re not satisfied!

Get my books on Audible here:
https://adbl.co/35lVotF

Want to support what I’m doing for $10 a month?
Join my SubscribeStar page!
https://www.subscribestar.com/joshscandlen

My Amazon Product page:
https://www.amazon.com/shop/heritagewealthplanning
Anything you buy there Amazon pays me a commission. Much appreciated!

GET MY BOOKS:
ALL are FREE to Kindle Unlimited Subscribers!

You Can RETIRE on SOCIAL SECURITY:
https://amzn.to/31xKFuN

The Tax Bomb In Your Retirement Accounts: How The Roth IRA Can Help You Avoid It:
https://amzn.to/2LHwQpt

Strategic Money Planning: 8 Easy Ways To Put Your House In Order
https://amzn.to/2wKGi50

GET ALL MY LATEST BLOGPOSTS:
https://heritagewealthplanning.com/blog/

source

How to BUY Your First Property (Rental or House) – Real Estate Investing



Invest in real estate with as little as $1!: https://api.fintelconnect.com/t/l/60d9ad42fd8217001d6ebff4

In today’s video, we’ll be speaking about the 12 steps that I used before purchasing my first rental property. These steps were paramount in the success of my first property transaction and can be applied to all investors. Make sure to follow me on Instagram: Griffin Milks

Resources I Use and Recommend:
► Get $25 For FREE with Wealthsimple Trade 🇨🇦💵 (Stock Brokerage):
https://wealthsimple.sjv.io/6a3Xb
► Accurately Track Your Stock Market Returns 📊 (Portfolio Tracker):
https://www.griffinmilkscourses.com/spreadsheet
► Learn to Invest in the Stock Market 📈 (Full Course):
https://www.griffinmilkscourses.com/course
► Get $50 for FREE with Wealthsimple Invest 🤑 (ETF Brokerage):
https://wealthsimple.sjv.io/KY7mN
► Get $50 in Free Trades with Questrade 🇨🇦 (Stock Brokerage):
http://www.questrade.com?refid=5cc1f638589bf
► Get up to $250 in BTC with BlockFi! 💸 (Free Crypto):
https://blockfi.mxuy67.net/c/1442462/907782/10568
► Get up to 1.25% interest with this savings account 💰 (Savings Account): https://api.fintelconnect.com/t/l/60c8c10b1164cb001dc0b38f

Here are the steps used to buy your first rental property:
Step 1: Save up for your downpayment. When buying your first property, I tend to recommend using an owner-occupant loan, with as little as 10% down. This allows you to leverage your capital quite a bit more, lower the time needed to save, and increase your potential return on investment.

Step 2: Getting your credit in order. Unless you’re paying for your property in cash, you’ll need to take out a mortgage loan on the property. This means that you will require good credit to secure a good interest rate and even get approved at all. Pay off your debts, clean up your loans, and increase your credit score.

Step 3: Talk to a mortgage broker and get pre-approved. Using a mortgage broker will save you time and grief for finding the best mortgage. This person will also help you get approved for a loan and steer you in the right direction. A pre-approval letter can be an asset to include in your offer.

Step 4: Start searching for properties and have a strategy in mind. Try to analyze as many properties as you can on the internet and then visit a couple dozen properties in person to get a good idea of the market and what’s available. In this step, we also speak about whether or not I purchase my properties in a corporation or not.

Step 5: Find a competent real estate broker. This individual will know the ins and outs of closing a deal, and what needs to be done in a contract. This is one of the most important steps in successful property business.

Step 6: Find a property that only needs cosmetic repairs. I would recommend doing as many of these cosmetic repairs as possible yourself when you are first starting out to save on cost and gain some experience.

Step 7: Determine the cash flows and ROI of the property. I prefer to use an online calculator to quickly calculate the cash flow and return for a property during my online research process.

Step 8: Place offers that make sense! I like a deal to make a MINIMUM of 15% cash on cash return in the first year. And then tack on to that all of the mortgage paydown and forced appreciation. This is because if the deal will give me a 10% return total, for the amount of time and effort I’d rather just put it into the S&P 500 and let it grow.

Step 9: Inspection of the property. A building inspection is also paramount to uncovering certain issues that you can’t see for yourself.

Step 10: Renovate your property. If the units are vacant, do the cosmetic repairs asap. If the units are rented out to tenants, wait until there is tenant turnover.

Step 11: Rent it out. Make sure to use professional photos on your listings and respond to applications in a timeline manner. This is the time to be very selective of your tenant. I use Facebook marketplace mainly.

Step 12: Rinse and repeat. Continue saving for new properties, which should be quicker since you’re paying down equity and could be saving the cashflows.

If you enjoyed this video, make sure to give it a like and subscribe to the channel for more investing content. My goal with this channel is to help all my viewers get one step closer to financial independence. Follow me on Instagram and TikTok: Griffin Milks
-Griffin

#realestate #rentalproperty #investing

0:00 Intro
2:30 Step 1
5:50 Step 2
8:28 Step 3
14:00 Step 4
19:45 Bonus
22:35 Step 5
24:08 Step 6
26:25 Step 7
32:15 Step 8
34:12 Step 9
35:24 Step 10
36:05 Step 11
38:09 Step 12

Disclaimer: This video description contains affiliate links, meaning that if you click on a product link, I may receive a commission at no additional cost to you. I do not promote products, services or companies I have not personally used or those which I do not recommend. All opinions are my own.

source

What's next for malls and commercial retail real estate?



#malls #commercialrealestate #retailcommercialproperty
Yahoo Finance’s Adam Shapiro spoke with Azor Advisory Services Beth Azor about the future of malls and commercial real estate property.

Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb

About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.

About Yahoo Finance Premium: With a subscription to Yahoo Finance Premium, get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Premium please visit: https://yhoo.it/33jXYBp

Connect with Yahoo Finance:
Get the latest news: https://yhoo.it/2fGu5Bb
Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq
Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP
Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Follow Cashay.com
Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV

source

REAL ESTATE CRASH OF 2021 – My Thoughts



My thoughts on the real estate housing crash of 2021 and how I’m investing to protect my money

► My Stock Portfolio + Stock Tracker: https://www.patreon.com/andreijikh
► Get 4 FREE Stocks on WeBull (Deposit $100 and get 2 stocks valued up to $1600): https://act.webull.com/kol-us/share.html?hl=en&inviteCode=QhhB1aDNwEDP
► Get up to a $250 in Digital Currency: https://blockfi.com/andrei
► ROBINHOOD (Get 1 Stock When You Sign Up): https://robinhood.c3me6x.net/c/1980551/671816/10402
► Open A Roth IRA: https://m1finance.8bxp97.net/c/1980551/696710/10646
► How I Store My Digital Currency: https://shop.ledger.com/pages/ledger-nano-x?r=535643c13ab0
► FREE Discord: https://discord.gg/Hff86m9
► Follow Me On Instagram: https://www.instagram.com/andreijikh/

Let’s talk about the real estate crash of 2021 and the reasons why I believe we’re going to see it happen soon. I want to give credit to Ken McElroy who originally inspired my idea with his own video which was a response to Meet Kevin’s original video about real estate. So let’s get right into it starting with the problem.

First let’s talk about delinquencies. What is a delinquency? Delinquencies are when you don’t make your monthly mortgage payment on time. Not to be confused with a default which usually happens after your delinquent several times after which point your loan goes into default.

If these defaults don’t get taken care of then that’s when it is sent to the collection agencies where you will see a huge drop in your credit score. To avoid that from happening besides obviously paying on time, people refinance their homes to make their monthly mortgage cheaper and more affordable. According to Black Knight, it’s also why we’re going to see more than 9 million refinance in 2020 which is the highest levels that we’ve ever seen. People are taking advantage of low interest rates so if you’ve been thinking about doing it, seriously consider doing it because you’ll probably benefit.

Even though October’s national delinquency rate was down 3.3%, the lowest since March of 2020, and even though we’re down 64,000 serious delinquencies which is an improvement, we are still up nearly twice as much as we were at the start of 2020, and we still have over 1.8 million serious delinquencies which is 5 times higher than they were before the pandemic started. Not to mention the period between October to November usually sees an uptick of delinquencies by about 4%. The cities that will be hit the hardest are Las Vegas, Miami, Orlando, New Orleans, and New York (highest delinquency rates in the country).

Before we see a decrease in real estate prices though, we’re going to more spikes in average home prices for a while in certain markets that are cheaper like Las Vegas but that’s short term optimism boosted by people leaving big cities like New York City, like Los Angeles, like San Francisco to buy in cheaper towns like here, so they can save money on taxes and work remotely in cheaper towns. This spike in prices will also be thanks to help from the government but all of that is short term. There’s only so much we can drop interest rates to prop up real estate before we can’t go lower unless we go negative – which the Fed stated they don’t want to do. But mostly, it comes down to two things. Jobs and government.

For starters, government – there is going to be a wave of forbearances due at the end of December. 39% of forbearance plans are going to expire and most of those plans are reaching their 9 month period. They’ll be allowed to extend an additional 3 months after that which puts us to March 2021 (plus extra month of delinqency) putting us between April / May timeframe where can see what’s going on in real estate. Logic is pointing us toward an increase in inventory levels that should in theory drop our prices.

The second factor is jobs. The world economic forum predicts 85 million jobs will be lost to automation which is huge and coupled with the pandemic and that’s a potential recipe for a very bad time for real estate, however, with the eviction crisis right around the corner, there will be a huge demand for rental housing, so that can potentially do very well.

To protect myself, I’m investing in inflation protected assets. A study by Charles Schwab (https://bit.ly/2JN9DmR) found that when inflation was above 4%, commodities and gold were the assets for investors. When it was 2% or lower, the S&P 500 was the #1 best investment. This is why I’m buying both digital currencies and stocks as we go into 2021 and I’ll wait until April/May to see where real estate will be before I buy investment properties and real estate in general.

*None of this is meant to be construed as investment advice, it’s for entertainment purposes only. Links above include affiliate commission or referrals. I’m part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.

source

Warren Buffett: Why I HATE Investing in Real Estate?



Get 4 FREE Stocks worth up to $3200: https://bit.ly/3onP3I6

My 2nd Channel for more Investing: https://www.youtube.com/channel/UC6-URUKHVmFWSt_KdRsX8UA

The Speech That Changed The World – Oprah Winfrey 2019 – Motivational & Inspiring

Oprah Winfrey – Speech To Inspire Rest of Your Life | Best Motivation 2019

Investing For Beginners | Learn Investing (Free Course)
https://youtu.be/GCg7joUeU-k

Passive Income: How To Retire Early Through Passive Income!
https://youtu.be/LyF89paHkSM

How you can focus like Warren Buffett? (2020)

Warren Buffett: Why I HATE Investing in Real Estate?

#warrenbuffett #buffett #realestate

source

Zillow Economist on what to expect from the real estate market in 2021



Jeff Tucker, Zillow Economist, joined Yahoo Finance Live to discuss Zillow’s 2021 predictions for the real estate market.

Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb

About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.

About Yahoo Finance Premium: With a subscription to Yahoo Finance Premium, get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Premium please visit: https://yhoo.it/33jXYBp

Connect with Yahoo Finance:
Get the latest news: https://yhoo.it/2fGu5Bb
Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq
Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP
Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Follow Cashay.com
Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV

source

Buying Property During the Pandemic – Real Estate Acquisition in 2021



What’s the best way to buy property during the pandemic? Ken McElroy & MC Companies’ Acquisitions Director, Bobby Bull, discuss how to get the best deals on property in this unstable market. Want weekly real estate tips in your inbox? Sign up for Ken’s newsletter: https://www.kenmcelroy.com/news

Want to ask Ken a question or have him look over a deal? Sign up for a Premium Membership: https://kenmcelroy.com/premium/

Take your real estate investing education to the next level. Try a Master Course: https://kenmcelroy.com/master-course-pre-sale/

Learn more about Ken McElroy, real estate investing and the economy at www.KenMcElroy.com.

⏰ Timestamps ⏰:
0:00 Introduction
1:12 How has the pandemic changed real estate?
3:03 The disconnect between sellers and buyers
4:35 Challenges lenders are facing right now
9:45 Looking for good markets
11:10 Changes in the multi-family market & bridge money
15:26 Conclusion

Be sure to click the bell to be notified as soon as the next informational video is posted!

Purchase a copy of Ken’s book, “The ABCs of Buying Rental Property,”: http://bit.ly/RentalABCs

Visit Ken’s Bookstore: https://rda-press.com/rich-dad-advisor-ken-mcelroy/

Ken has a real estate strategies podcast! Follow on your favorite platform for new discussions released weekly.
Apple Podcasts: https://apple.co/3jDqftx
Spotify: https://spoti.fi/31GUDwW
Website: https://bit.ly/2DaIoPH


ABOUT KEN:
Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: “ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years.” Ken is a Rich Dad Advisor.

With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. This channel is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income.

Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.

Ken’s company: https://mccompanies.com/

DISCLAIMERS: Any information or advice available on this channel is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this channel. Consult a financial advisor or other wealth management professional before you make investments of any kind.

Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this channel are accurate and up-to-date, all information contained on it is provided ‘as is.’

Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this channel.

Any links to other websites are provided only as a convenience and KenMcElroy.com, LLC encourages you to read the privacy statements of any third-party websites.

All comments will be reviewed by the KenMcElroy.com staff and may be deleted if deemed inappropriate. Comments which are off-topic, offensive or promotional will not be posted. The comments/posts are from members of the public and do not necessarily reflect the views of Ken McElroy and his affiliates.

© 2021 KenMcElroy.com, LLC. All Rights Reserved.

#kenmcelroy #realestate #realestateinvesting

source

How To Start Real Estate Investing With Little Money (Only $500)



Want to know how to start real estate investing with little money? In this video, I’ll show you how to get started with only $500. In your business you’ll either sacrifice time or money, and these are some inexpensive ways to drive leads as a real estate investor.

Enjoyed this video? Be sure to subscribe to my channel in order to get weekly real estate investing videos.

⬇️ RESOURCES ⬇️

Get Multiple Seller Lead Sources Here: http://reieducationacademy.com/leads-software
or you can start pulling vacant property leads here: http://reieducationacademy.com/vacantleads

Skip Trace Your Leads Here: http://reieducationacademy.com/skipgenie

‎‍💻 Check out Jamel’s new Investor Deal Pro Software Here: ‎‍💻
https://investordealpro.com/

👇🏾 SUBSCRIBE TO JAMEL’S YOUTUBE CHANNEL ASAP 👇🏾
http://www.youtube.com/c/jamelgibbs

🔥Check out these Top Trending Playlist:🔥

1.) Wholesaling Real Estate Training Videos – https://www.youtube.com/playlist?list=PLMgpVklTHvsOCfOoIJu7IoozR4tozwydS

2.) Jamel Gibbs Vlog – https://www.youtube.com/playlist?list=PLF481F7949D1DE6EB

Who is Jamel Gibbs?

Jamel Gibbs is a successful real estate investor and educator.

He is the owner of Mill Street Properties LLC, a successful real estate investing firm. He is also the owner of the REI Education Academy LLC, which is a successful real estate investment education firm and publishing company that teaches their clients how to build successful real estate investing businesses.

Jamel coaches and consults people all across the country in an effort to help them achieve true financial freedom through real estate investing.

If you think your business might benefit from one-on-one interaction with Jamel and his team, visit https://reieducationacademy.com

🤝 NEED SOLID REAL ESTATE INVESTING COACHING? 🤝

Request a call with Jamel or a team member:
[email protected]
(Add “Coaching” in the subject line)

🔥 ADD ME ON SOCIAL MEDIA 🔥

Blog: http://reieducationacademy.com/blog
FaceBook: https://www.facebook.com/thejamelgibbs/
Instagram: https://www.instagram.com/jamelgibbs/
Twitter: https://twitter.com/itsjamelgibbs
YouTube: http://www.youtube.com/c/jamelgibbs
Linkedin: https://www.linkedin.com/in/jamelgibbs
TikTok: https://www.tiktok.com/@jamelgibbs

🎙️ CHECK OUT MY PODCAST 🎙️
Podcast: Jamel Gibbs’ Real Estate Investing Podcast
(ON ALL MAJOR PODCASTING PLATFORMS)

📞 QUESTIONS ABOUT PRODUCTS & SERVICES? CONTACT SUPPORT
http://reieducationacademy.com/support

Earnings Disclaimer:

The statements in this email are not to be interpreted as a promise or guarantee of earnings. As with any business, your results will vary and will be based on your desire,
dedication, effort, ability to follow directions, and an infinite number of variables beyond our control.

See full disclosures here: http://reieducationacademy.com/earnings-disclosures

========================
Video Produced by:
Rondell Lane – Cinematographer
MediaLanePV.com

#howtostartrealestateinvestingwithlittlemoney #realestateinvesting #wholesalingrealestate #nomoneydown #$500 #jamelgibbsrealestate #realestate #howtostartrealestateinvestngwithnomoneydown #nomoneydowninvesting #wholesalinghouses

source