So this week's 5 MIN FRIDAY is A QUICK ROUND-UP of 2 incredible real estate networking opportunities on the immediate horizon.
First is the Midwest Real Estate Networking Summit which is NEXT FRIDAY AND SATURDAY May 11th and May12th, 2018, beginning at 7am both days.
Grab more info and buy tickets here:
The other is the INFAMOUS IMN Single Family Rental Forum EAST Conference taking place in beautiful South Beach Miami on May 21-23rd 2018.
We have all heard me blab about how important networking is, and how it can MAKE YOU MORE MONEY hand over FIST every year if you just....Show...Up...
I will be at both events, connect with me if you are going:
PART 1 of the REAL ESTATE ROCKSTAR SERIES will feature BILL POWERS of RTO Properties.
Bill Powers is a Lake County, IL based investor and also on the Executive Board of the Lake County Property Investors Association.
-225 Rental Properties in his Portfolio
-40 Fix and Flips Completed
-9 Flips CURRENTLY in Process
-7 Rentals CURRENTLY in Process
-Rent to Own Strategies
-Managing Contractors and Costs
-Finding Opportunities in this market
Bill is a REAL ESTATE ROCKSTAR who's FAN-CLUB you need to JOIN RIGHT AWAY if you want to HEAR more about bringing your Real Estate Investment Business to the NEXT LEVEL in 2018!!!
Hear Bill Powers on the following Podcasts:
JV means Joint Venture.
A Joint Venture deal is basically another way for saying "1 Time Partnership" or "1 Deal Partnership" specific to a transaction or property or group of properties.
Not a business like an LLC, but 2 separate individuals or entities coming together to consummate a successful deal or transaction.
On Today's 5 Min Friday we cover the Points of Success to a Working a JV Deal...
That's it.. Listen to ALL our episodes for Super tidbits like this on achieving real estate investing success in ANY Market!
Today's Guest Damion Lupo is a serial entrepreneur who's mission to free you from your financial shackles will change your though process!
Damion Lupo is the founder of Total Control Financial, an alternative investment platform devoted to disrupting the typical IRA model and offering investment opportunities that give control to the individual and take out of the hands of Wall Street.
He is no stranger to business development with 40 businesses under his belt. Damion has gained and lost and regained his fortune multiple times, and leveraged his experience into an 8 figure real estate investment business. Today he helps fellow entrepreneurs and small business owners to do that as well.
From a College Bookstore owner out of his dorm room to a multimillionaire in his early 20's owning a portfolio he personally grew to 150 houses before the crash... And then a MAJOR reset on his outlook in life, business, values, and mission for existence.
Today's powerful show will knock the socks off your real estate investor mind on multiple levels as we discuss:
Another episode you CAN NOT Miss from the Investor Empowerment Series Radio Show!!!
Whether you're just started out or have been in business, today's 5 Min Friday focuses on the KISS Method "Keep It Simple Stupid."
No need to over-complicate the simple by purchasing expensive software programs, book keeping systems, etc etc when perhaps just a pen and paper or an Excel Spreadsheet will do the trick to get started.
Today's message is about crawling before you walk, and wading in the water before diving, as you can ALWAYS complicate the situation if needed.
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This is a LIVE presentation from the 2/27/18 Meetup where we dissect the ACTUAL OFF-MARKET PROPERTY CASH DEAL CONTRACT WE USE in ALL OUR Property Acquisitions!!!
Here is the Link to the Contract:
Follow along and check out what The Investor Empowerment Series Meetup is ALL About!!
Awesome Episode-- Volume may need to be turned up!
On Today's 5 Minute Friday--
We dig into the current state of the market from my investor brain perspective and what you need to look out for and gain from and how to do it.
To Sheriff Sale or NOT to Sheriff Sale... Listen in for what's really going on at our Judicial Sale and Auction locations in Chicago.
Be safe, Be Careful... and Most Importantly, Don't be Stupid!
Scott Smith graduated from Albany Law School in 2012 and kicked off his career working in high stakes litigation. Scott has been investing in real estate for years and started developing strategies based on his own litigation experience.
Scott invested in all types of asset classes including Single family rentals and multi family residential, commercial, notes, and more. The first property he purchased was a commercial property while in Law School. Scott has personally invested in over 10 different states, and has advised investors in almost every state in the United States.
Royal Legal Solutions, founded by Scott, provides business, tax, and legal solutions geared exclusively for real estate investors. Scott spent 8-years deconstructing real estate investing and has developed strategies to protect assets from devastating lawsuits, maximize tax savings, and more.
On today's show we get deep into the nitty-gritty of setting up bullet proof anonymity and asset protection strategies for your real estate investing business by using land trusts, Texas and Wyoming LLCs, and how to NOT lose your A** on a lawsuit.
You can't afford to miss it!
Joe Ziolkowski is an entrepreneur, real estate investor, and home inspector locally based in the Chicago area.
Key word inserted here-- "Investor friendly" home inspector that can assist new and experienced investors alike in identifying potential issues when buying your next project.
Joe offers a unique approach to working with real estate investors, being one himself, by having multi-tiered options for other investors when in need of an inspection.
The "Investor Walk-Through Consultation" is an alternative option for investors that are just looking to hit the highlights of what to look out for on that next project.
Joe and I discuss his start in the business, the Top 3 things to Look Out for when making your next investment, and advice for new investors just getting into real estate investing.
You can reach Joe at www.ontargethomeinspection.com or via phone at 708-274-7279
A few mentions:
The Code Check Complete Book available from Amazon here
Sample Home Inspection Report here
Today's show is a quick review of some of the basics in finding OFF-Market Deals and Opportunities via low to NO-COST ways to search out your next flip, rental, or wholesale deal.
Most investors spend thousands of dollars either in marketing or commission to gain control of the next 'deal.'
Today we review a few ways to obtain the next 'golden nugget' of a deal for virtually free...
Just TUNE it in!
If you haven't sat down with 'yourself' to work on your 2018 GOALS, do it NOW!!!
Start by listening to this episode.
TANIS Group LLC d/b/a TANIS Group Realty
Investor Empowerment Series Radio Show Founder/Host
Investor Empowerment Series Meetup
Investor Title Services LLC
Priority 1 Mortgage LLC
Today's guest is a 26 year veteran of both the mortgage and banking market as well as a long term real estate investor.
Bill Spallone, of Prime Lending, is full of facts on what the market has in store for us, some tactics for advantageous landlording, and key factors for financial assistance that can help you and your family plan of the future.
Bill has ridden the wave of the real estate and mortgage market for longer than most of us have been investing... and brings a wealth of information to come with him.
Bill and his company lend in ALL 50 states of the US, and have a huge amount of products to offer to investors and home buyers alike.
Don't miss another phenomenal episode of the Investor Empowerment Series Radio Show... Show #72.
To contact Bill directly please email:
There a quite a few online property auction platforms out there right now. Initially these websites were seen as potentially taboo, scary, and extremely risky to purchase actual properties from.
Now, it's the mainstream... Hedgefunds with millions of dollars are bidding on properties daily. Sheriff sales are 'marketed' via auction.com to increase live auction attendance at the courthouse. Homes are bought by owner occupants and investors daily.
Today's podcast is a LIVE account of an actual auction of a property on www.hubzu.com, one of the many platforms out there right now.
We digest the fees, timing the bids, potential strategies, and ride the roller coaster of bidding via online auction for investment properties.
If you are interested in bidding via online auction for properties, or have done it before, check out this podcast!
Man... You don't know what you don't know. Today's guest on the Investor Empowerment Series Radio Show is Al Willliamson. Al bought his first investment property 20 years ago when he first got married, by house-hacking a 3 unit.
Fast forward 20 years later, and Al is KILLING IT on Airbnb, VRBO and the like with a MASSIVE short term rental business.
He's got an 8 unit building, which he's got 60% rented out on short term corporate housing leases, and still a few traditional units that him and his family live off of.
And now, he's on a mission to document how to grow your short term rental business to $10,000 a month income in 2 years or less, which you can find out more information about by listening to this podcast.
Ever heard of Rental Arbitrage??? Man, you gotta hear about this...
How about becoming an Airbnb Host and Landlord without actually owning the property?!!
There are a BUNCH of tips and tricks about utilizing Airbnb to double your income on your rentals or at a min make an additional $1000 per month beyond what you're currently getting on a year long lease.
Some websites we talk about:
Every investor goes into each deal with one guaranteed expectation at closing... The Price. Unless the condition of the property changes, i.e. damages or things getting removed prior to closing after you've seen it, your expectation is you're paying the price on the contract.
Why is it that most investors don't pay much attention to the other costs that lead to a higher bottom line on the master statement?
Well, we've got a way to save hundreds, if not thousands, of dollars per closing.
Announcing Investors Title Services LLC. A company owned by Investors, For Investors.
Our examples in this podcast show savings of thousands of dollars that YOU, as an investor, can benefit from due to the relationships we've established.
Interested in learning more on how you can make substantially more money in 2018?? Check out the podcast.
Interested in working with Investors Title Services LLC?
Contact Joe and Dan at:
Phone us 847-443-9676
Josh is a seasoned investor and real estate broker out of the Chicago area.
He initially appeared on the podcast in episode #40-The Rights And Wrongs of Managing Your Flip Projects, Working with Joint Ventures and Tax Lien Investing...
Check out that episode here
On Today's Podcast we cover some of the many apps and tools that are out there for real estate investors to utilize to evaluate deals, find deals, and build their businesses.
Josh evaluates dozens of deals per week utilizing these very resources to continue to grow his investing business:
Real Estate Flip- Investing Software by Software Solutions LLC
Karl’s Mortgage Calculator
Mortgage Calculator by Quicken Loans
WOW... Today's podcast is beyond awesome with special guest Fernando Angelucci of Titan Wealth Management on how to properly set up your business entity structuring for maximum asset protection benefit and minimum tax liability.
Fernando is a go-getter. At 26 years old, he's built a massive portfolio of rental properties, self storage units, and wholesales dozens of properties per year to other investors in the Chicago area and beyond.
When I met this youngin' a few years ago, he was explaining to me how he ran a multi-state operation in the midwest, and how his business was exploding.
You can't miss this episode if you're looking to grow your investing business, set up your business structuring or have any interest in investing in the self storage industry.
As promised, here's a link to the entity document Fernando made available especially for this show:
Episode #66 of the Investor Empowerment Series Radio Show dives deep into the numbers on a property I purchased at $12k back in 2008 and put $20k in rehab costs into.
I rented this property for $1100 per month for about the last 9 years give or take. Sound like a great deal to you???
Maybe, Maybe NOT.
Ghetto Deal or NO Deal, you decide...
Listen up to hear all the juicy details on whether or not you think this investment was actually worth it or not.
Tell me your opinion or quesitons- email@example.com
There are many opportunities to create thousands of dollars of savings in real estate investing, whether it be for 1 deal a year, or 10.
Don't be reluctant to take advantage of the many money saving programs and opportunities available to the real estate investor even if it's just your first deal, or your last.
These relationships, which my co-host Dan Clarton and I discuss at length in this podcast are readily available to you no matter how many projects you are involved in, have completed, or are planning to do. And it's our goal to assist you in connecting with the right people to do this successfully and more profitably for your real estate investing business.
Join us at our next meetup on Nov. 14, 2017, at the offices of TANIS Group. Doors open at 630pm CST, there is a $10 charge at the door, pizza and refreshments provided to all attendees. If you can make it.
Truth be told, we had an investor fly out from Denver to attend one of our meetings this year, which was AWESOME! Now I am not suggesting something of that magnitude, as once we host the meeting, we are going to record another episode covering what we talked about for our meetup!
At this meeting we will reveal the "Big Secret" to saving thousands on your next real estate transaction, and how you can take advantage of it at no cost, membership fee, or financial involvement on your part whatsoever.
My tenant's will fix up my rental for me at their own cost?!?
Today's guest, Doug Kowalewski and I, hash over the different methods that investors can utilize to both acquire and rent out properties via lease option/lease-purchase.
Whether you're seasoned or a 'newbie', this strategy can be beneficial on multiple levels.
On this episode, Doug and I discuss real life examples of lease option situations where the tenant's purchased an option up front, fixed up the house, and provided an above average rental amount and return during the duration of the lease contract.
We also discuss structuring the lease option contract for a successful relationship between the landlord and the tenant.
If you've considered this method but are still on the fence about the opportunity and how to make it work for you, this episode is for you!
On today's rocking episode, we review the results of marketing last week's "Deal of the Day" and the outcome, and talk about the new opportunity we are currently providing ONLY to our prestigious network of podcast listeners, and our network meeting attendees.
This $150000 opportunity in Palatine IL, an affluent suburb of Chicago in a great school district and a GREAT area has an ARV of $250000 and needs approximately $30000 worth of rehab work.
Listen for all the juicy details!
Today's quickie episode is to market out to my podcast audience an opportunity in Lindenhurst, IL.
This property was listed on the MLS, we received a Cash Offer as a wholetail deal, and in the process, the buyer asked about our willingness to seller finance the transaction.
Well, let's just say things got a bit squirrely as we realized that the buyer potentially didn't have enough capital to close.
But, that made us open our minds to the ability to seller finance this deal to our network of listeners, and benefit someone that we actually could connect with again in the future-- YOU.
This property is a 3/2 with a detached 2 car garage, the house is on a crawl space, and the second bath is "roughed in" and needs to be finished.
Listen up for all the juicy details!
firstname.lastname@example.org if you are interested in learning more about this SELLER financed opportunity.
Visit our meetup at www.investor-empowerment-chicago.com, stop by and say hi, have a beer, coffee, water or soda.
Last weekend I had a great experience at a seminar in Dallas in a new to me "mentoring" type group I am considering joining.
While at the seminar I met some incredible investors doing deals as small as a few single family houses up to some that had just closed multi-hundred unit transactions this year. And even one investor I collaborated with that had built up his apartment unit portfolio to 1900 apartments in just a few years... AMAZING!!!
Do you need to be born out of the gate with a golden spoon or do you think it's possible you can become the product of those you choose to surround yourself with and partner with?
Check out this episode to learn more about private lending, Self-Directed IRA investing and approaching candidates by just being yourself, and surrounding yourself with the right network of people to lead to success!
Thanks for Supporting me in 60 AWESOME episodes...
Today's podcast: Financing Options for Real Estate Investors!
Options for buyers with bad credit and no money:
Take over payments i.e. Subject2
Contract for deed (Installment land contract)
Partnering with qualified person and contribute labor
Credit repair in process
Options for buyers with reasonable credit and little or no money:
Consider all options above
$100 down payment for HUD owned homes, repairs included if using 203k loan
USDA no down payment mortgage
IHDA down payment grant (Currently $9,000)
Loan obtained from IRA
100% funding from companies like Pathway Financial
Options for buyers with some money or assets and reasonable credit:
Consider all options above
Standard mortgage (This is the cheapest source of funds)
Home equity line of credit
Line of credit from bank or asset based lender
Joint venture with other able investors
Options for seasoned investors to accelerate objectives:
Consider options above
Commercial line of credit
Self-managed real estate IRA
Establish a capitalized corporate entity
On Today's SUPER AWESOME show we interview our guest Mark Faustrum, a newer investor getting his start about 1 year ago and already taking on 6 deals under his belt.
Mark is still currently employed with a Full Time J-O-B working as an emergency dispatcher for police and fire departments in the suburbs of Chicago, jumped in headfirst, without any formal real estate investment education, and is on strong path to success. That's right, no bootcamps, BS, or billions spent making other people money.
Mark "accidentally" fell into his first deal, a 2 flat owned by a co-worker's daughter, and after evaluating the numbers, realized that if he owned a few more like that one, he could potentially subsidize his income exponentially.
This is a great episode for those wondering if it's possible, what it takes, and how to manage getting started in real estate investing while still employed for the "man." (Or "woman.")
Mark started off buying his first deal with conventional financing, and since has utilized hard money, "delayed" financing, and cash.
Another episode not to be missed