EP137: Using Technology to Improve Real Estate Investing - Interview with Nav Athwal

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For many real estate investors, finding capital can be the most difficult part of growing their portfolios. However, there is so much private money available. The struggle is simply attaining access to the capital.  

Today’s guest, Nav Athwal, has made it his mission to find the intersection of technology and real estate in order to make finding capital much easier. On today’s show, Nav is sharing how his company, RealtyShares, is working to make finding capital a quick and efficient process. Don’t miss episode 137 of Investing in Real Estate!

More About This Show
Nav has been in the real estate industry for over a decade. His entry into the industry was working as a broker, helping people buy and sell single-family homes, as well as small commercial buildings. He then went to law school at Berkeley, and subsequently worked as a real estate lawyer.

He has always been passionate about real estate investing, which he began in 2010. The biggest thorn in his side became finding capital. He found that he spent over half of his time searching for capital, but what he really wanted to focus on was finding great deals.

Out of this struggle, RealtyShares was born. Nav wanted to create a platform for investors to efficiently and quickly find capital for their deals. RealtyShares is an online marketplace that connects investors with sources of capital.

At RealtyShares, the mission is to make raising capital an afterthought. The platform connects real estate investors with a diverse range of financing solutions. They help investors raise capital efficiently by broadening their network of options.

On today’s show, Nav is sharing even more details about the process at RealtyShares. We’ll talk specifically about their requirements, loan structure, and more. Nav also is sharing his insights into the future of real estate investing.

If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.

On this episode you’ll learn:

  • What are the terms of a typical note at RealtyShares?
  • What is the minimum investment at RealtyShares?
  • What is the average time to raise capital?
  • What startups are contributing to the future of real estate investing?
  • And much more!

Episode Resources
Opendoor
Breather
Subscribe to Investing in Real Estate on iTunes
Find Your Financial Freedom Number
Subscribe to the Morris Invest YouTube channel
Like Morris Invest on Facebook

Contact Nav Athwal
Website
Facebook
Twitter
LinkedIn

 

EP136: How Do We Make Money?

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This episode of Investing in Real Estate is brought to you by VTech. VTech’s new Small Business Phone System is the most affordable and easy 4-line phone system on the market. The VTech 4-Line Small Business Phone System components are available at Office Depot, Office Max, Staples, and vtechphones.com.

Have you ever wondered how the real estate industry, specifically turnkey real estate, works? We occasionally get questions about the details of our turnkey process. Many people wonder how turnkey providers profit.

On today’s show, Natali and I are sitting down to answer these questions, for the sake of transparency. We’ll discuss exactly how our process works, why it works, and how we make money through turnkey real estate. Please join us for episode 136 of Investing in Real Estate!


More About This Show
Most people think in order to buy or sell a house, you have to go through a realtor. This is not the case. While realtors do provide an excellent service to those who are looking to purchase a primary residence, that service is not useful in what we do.

We identify properties that are off the market. We look for deeply distressed homes that are under market value. We like to find properties that we can pay cash for, and we typically purchase several at a time.  

Once we find these properties, we fix them, and put them in the hands of our property management companies. We then sell the property to an investor who can hold it as a cash-flowing investment. We like to think of it as matchmaking service!

While we’d love to do this out of the kindness of our hearts, it does cost us money to provide this service. It costs us to rehab the properties; it costs us to have a team, offices, etc. So when an investor purchases a property from us, we collect a finder’s fee, which our investors are glad to pay.

On today’s show, we’ll discuss further how our turnkey process works. We’ll also talk more about industry standards, and what type of investor is a good fit for turnkey investing. Don’t miss episode 136!


If you have a few spare minutes, we’d love it if you would take our survey. This helps our advertisers better determine what kinds of sponsors are appropriate for our audience, so that we can continue to bring you this show for free. Thank you!

If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.

On this episode you’ll learn:

  • Do we own our property management companies?
  • How is turnkey real estate like Jiffy Lube?
  • Is there a monthly fee to work with us?
  • How do hedge funds work?
  • And much more!

Episode Resources
VTech
Podcast.Study
EP033: Understanding Real Estate Jargon
EP039: A Simple Way to Understand ROI
Subscribe to Investing in Real Estate on iTunes
Find Your Financial Freedom Number
Subscribe to the Morris Invest YouTube channel
Like Morris Invest on Facebook

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EP135: Is Your Property Management Company Flashy or Focused on Cash Flow?

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This episode of Investing in Real Estate is brought to you by Blue Apron. Blue Apron’s mission is to make incredible home cooking accessible to everyone. Get your first three meals free, plus free shipping by visiting blueapron.com/investing.

Hiring a property management company is crucial to your success as a real estate investor. However, not just any company will do! It’s important that you identify a team whose goals align with yours.

On this episode, I’m explaining the two different types of property management companies. I’ll share the importance of focusing on cash flow, and much more! Don’t miss episode 135 of Investing in Real Estate!

More About This Show
A property management company is an indispensible part of your team. Especially when you’re thousands of miles away from your property, you’ll need someone on site to take care of things. Managing a property, especially multiple properties, is a full time job!

I highly suggest putting this important job into the hands of professionals. Assign this role to someone who knows what they’re doing. A professional holds expertise about vacancies, rental prices, finding the right tenant, and more.

Specifically, I like my property management companies to be focused on cash flow. My property management teams might not have the newest software. They might not have the best, most up-to-date websites, or convenient portals for me to view my information.

In fact, one company that I work with doesn’t even do direct deposit! They send me a paper check via snail mail every single month. But that’s okay with me, because that check is always on time. My teams are focused on collecting rent in a timely matter, and that’s what is important.

On today’s show, I’ll speak in depth about finding the right property management team. I’ll share experiences I’ve heard about flashy property management teams, and what I expect from my teams.  

If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.

On this episode you’ll learn:

  • How does a great property management team evaluate tenants?
  • What is one of the biggest ways investors lose money?
  • Why shouldn’t you lower rent prices?
  • Do you need high-tech software?
  • And much more! 

Episode Resources
Blue Apron
EP001: The Future of Real Estate Investing
EP003: How to Find Your Financial Freedom Number
EP006: The Best Properties Are Not in Your Backyard
EP012: The Two Ways to Make Money
Subscribe to Investing in Real Estate on iTunes
Find Your Financial Freedom Number
Subscribe to the Morris Invest YouTube channel
Like Morris Invest on Facebook

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EP134: How to Create a Millionaire Mindset - Interview with Matthew Aitchison

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As you may know, I’m fascinated with the idea that all successes in life stem from mindset. Today’s guest, Matthew Aitchison, is here to share how he has created a millionaire mindset that has brought him great success in his real estate investing business.

On this episode of Investing in Real Estate, Matthew is talking about how he rose above his past mistakes, and got his mind right in order to achieve. We’ll also discuss some of his favorite resources, and exactly how he runs his real estate business. Please join us for episode 134!

More About This Show
Matthew is a successful real estate investor, wealth-building mentor, and podcaster. However, he didn’t simply have his success handed to him. He had a turbulent beginning, which included high school expulsion and felony charges.

But these experiences drove Matthew to dive head first into self-reflection and self-development. He knew that he had a vision for a rich and fulfilling life, but he realized his actions were not in alignment. He decided he needed to implement a change.

Instead of allowing his past to inform his future, he decided to start enabling himself to attract the right opportunities. He started getting impeccably clear about what he wanted, and how to get there.

This self-reflection allowed Matthew to begin working with a real estate mentor. He worked for free for nine months, which he describes as the best thing he ever did. Today, Matthew is a 7-figure real estate investor.

On today’s show, Matthew is sharing even more about his journey to success! We’ll talk about what it means to be a millionaire in all aspects of life, getting in the right mindset, and more. Don’t miss this episode of Investing in Real Estate!

If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.

On this episode you’ll learn:

How to create a millionaire mindset - Interview with real estate investor Matthew Aitchison | success | making money | wealthbuilding
  • What is Matthew’s criteria for a great investment?
  • What does a successful flip look like?
  • What is Matthew’s Freedom number?
  • How can you distance yourself from negativity?
  • And much more! 

Episode Resources
Millionaire Mindcast
The Gifts of Imperfection by Brene Brown
Subscribe to Investing in Real Estate on iTunes
Find Your Financial Freedom Number
Subscribe to the Morris Invest YouTube channel
Like Morris Invest on Facebook

Contact Matt Aitchison
Email
Website
Facebook
Twitter
LinkedIn

EP133: How to Identify Investment Friendly Cities

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When you’re looking to make a solid real estate investment, the ultimate goal is cash flow. You want your cash flow to be largely hands-off and passive, and that’s why it’s pertinent to do your research about your rental markets.

On this episode of Investing in Real Estate, Natali and I are sharing four tips that make up the most investor friendly areas. We’ll talk about how to identify a landlord-friendly city that is conducive to long-term buy and hold, and what to expect from your rental market. Don't miss this episode!

More About This Show
The first thing you should examine is how permits work in that particular market. For example, in some states or cities, it can take seemingly forever to obtain the correct permits. Pulling permits is part of the process; we do it on every house we renovate, so you want that to be an easy and seamless procedure.

Also, you should ask if utilities companies will be friendly to investors. It’s common to be charged a fee to put a utility bill under the name of your LLC, but some companies ask for much more. For example, we once had a utilities company want us to meet in person. And since we live out of state, they demanded that we notarize our application.

Another thing to consider is rental licenses. For some reason, some states charge a fee for you to be a landlord. Not all municipalities charge this. In fact, most don’t. However, you need to be prepared and do your research ahead of time.

Lastly, you should consider if the state itself is landlord friendly. This means, how do they handle evictions? What are their laws like surrounding security deposits? Again, this is just another thing to consider.

On today’s show, we’ll talk more in depth about some of our experiences with investor friendly cities. We’ll talk about having systems in place, and setting your expectaitions. You’ll also learn about how much a rental license costs, how to deal with the board of health, and more!

If you have a few spare minutes, we’d love it if you would take our survey. This helps our advertisers better determine what kinds of sponsors are appropriate for our audience, so that we can continue to bring you this show for free! Please and thank you.

If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.

Four tips that make up the most investor friendly areas. How to identify a landlord-friendly city that is conducive to long-term buy and hold, and what to expect from your rental market.

On this episode you’ll learn:

  • How can you determine how quickly the permitting process is in a city?
  • Which states are the worst for code violations?
  • What should you expect from a utilities company when you’re purchasing a property in a business entity?
  • What exactly does “landlord friendly” mean?
  • And much more!

Episode Resources
Podcast.Study
What Is a Rental License?
5 Most Landlord Friendly States
Subscribe to Investing in Real Estate on iTunes
Find Your Financial Freedom Number
Subscribe to the Morris Invest YouTube channel
Like Morris Invest on Facebook

EP132: The Fed Just Increased Rates Again

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This episode is brought to you by VTech. VTech’s new Small Business Phone System is the most affordable and easy 4-line phone system on the market. The VTech 4-Line Small Business Phone System components are available at Office Depot, Office Max, Staples, and vtechphones.com.

The Federal Reserve just announced yet another raise in interest rates. Higher rates will make purchasing homes harder and more expensive for homebuyers, but what does this mean for real estate investors?

On this episode of Investing in Real Estate, I’m discussing the three main ways that an interest rate hike directly influences real estate prices. I’ll share how to analyze how the rate will affect your purchases, and how investors can prepare for the future. Don’t miss it!

More About This Show
If you’re planning to purchase your real estate investments with a conventional mortgage, this newly increased interest rate could be an issue. Your ROI will immediately decrease if you’re paying more for a mortgage. That’s why cash is king; if you’re paying with cash, you’ll be unaffected by interest rates.

Additionally, banks aren’t as likely to lend when the rates are up. Usually, banks trade money around, but when rates rise their cash flow is more restricted. As an investor, this is your opportunity to swoop in with cash on hand to purchase properties that people are unable to get mortgages for.

Another reason why interest rates affect real estate prices are the basic valuation fundamentals. It changes how much you pay for everything, not just the mortgage.

The underlying theme for investors is: cash is critical in this economic climate! As an investor, if you’re able to pay for your properties with cash, you won’t have to worry about mortgages. That’s exactly what Harry Dent predicted in our interview late last year.

It’s going to become increasingly difficult for new homebuyers to acquire traditional mortgages. Not that we want to champion others’ misfortunes, but as investors there will be an opportunity to purchase homes that others are unable to qualify for IF you have cash on hand.

On today’s show, I’ll dive more deeply into the importance of mortgage rates. I’ll talk about the overall implications on the economy, and why cash is so important for investors. Don’t miss episode 132!

If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.

The Federal Reserve just announced yet another raise in interest rates. Higher rates will make purchasing homes harder and more expensive for homebuyers, but what does this mean for real estate investors?

On this episode you’ll learn:

  • How can you determine how the rising rate will influence real estate prices?
  • What is a discount rate?
  • What qualifies as “cash?”  
  • Why are first time homebuyers being squeezed out of the market?
  • And much more!

Episode Resources
VTech
EP064: The Big Crash of 2017 is Coming, Here’s How to Protect Yourself – Interview with Harry Dent
Subscribe to Investing in Real Estate on iTunes
Find Your Financial Freedom Number
Subscribe to the Morris Invest YouTube channel
Like Morris Invest on Facebook

EP131: Older Americans Need a Place to Rent - Interview with Richard Eisenberg

Book a call with our team: https://goo.gl/dezwHT

This episode of Investing in Real Estate is brought to you by Blue Apron. Blue Apron’s mission is to make incredible home cooking accessible to everyone. Check out this week’s menu and get your first three meals free and free shipping at blueapron.com/investing.

The population of Americans over the age of 65 is expected to grow exponentially over the next 20 years. A recent Harvard study reported that many Americans in that age group struggle to find housing that meets both their needs and finances.

On today’s show, I’m joined by Richard Eisenberg, the Managing Editor of PBS’ Next Avenue. He’s here to share the projected future of the housing market for older Americans. We’ll discuss what older Americans will need in a home, as well as the opportunity for investors to help. Please join us on episode 131 of Investing in Real Estate!

More About This Show
The current trend shows that many Baby Boomers are selling their homes in order to downsize in retirement. But when they look for smaller homes, there aren’t many affordable options available. Most people 65 and up are looking for a home they can live in for the rest of their lives.

Because of this, they require certain features. For example, entrances without steps, single floor living, and wide halls and doorways. These features ensure that when they are older with decreased mobility, their home will still be functional. But these homes are increasingly hard to find.

This is disheartening due to the statistic that the population of 65+ is projected to rise from 48 million to 79 million in the next couple decades. Richard explains that over 6.4 million low-income renters are paying more than 30% of their income for housing.

Richard clarifies, some will purchase homes with cash they’ve gained from selling their properties, but many are renting. Many Americans have not sufficiently saved for retirement, and do not have the funds to purchase a new home. Not to mention, financial advisors typically discourage accruing debt in retirement.

On this episode of Investing in Real Estate, Richard is sharing more about the housing market for older Americans. We’ll talk about why construction trends aren’t supporting older Americans’ needs, the prospects for 2017, and much more. Richard is thoroughly researched on this topic, you won’t want to miss this episode!

If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.

On this episode you’ll learn:

Many older Americans struggle to find housing that meets both their needs and finances | rental market
  • What is universal design?
  • What is the projected future for rental rates?
  • In what markets should investors provide housing for the elderly?
  • How will mortgage rates affect rental rates?
  • How will cohabitation come into play for older Americans?
  • And much more!

Episode Resources
Blue Apron
Creating Housing That Older Americans Will Need by Richard Eisenberg
Next Avenue
Next Avenue on Forbes
Projections and Implications for Housing a Growing Population by Harvard University
John Hopkins Capable
Subscribe to Investing in Real Estate on iTunes
Find Your Financial Freedom Number
Subscribe to the Morris Invest YouTube channel
Like Morris Invest on Facebook

Contact Richard Eisenberg
Website
Facebook
Twitter
LinkedIn