If you don't start collecting information, you will have to go on what the broker tells you! You have got to understand the numbers!

One of the mistakes that I see people making is knowing what the average rents are in your market. Some of you may be thinking to yourself, "Charlie, that's ridiculous, of course." Listen, I'm telling you right now. I'm blown away by the fact that investors , new investors will take the offering memorandum and just take the broker’s word as to what the market is for the rents in the area. Let's just think about this for two reasons why you need to know what the average rents are going to be. 

The first reason is when you receive the offer memorandum, you will know right away if the rents are in line with the market. In other words, what they're saying and when they’re showing you the rent roll, you're going to know. And that’s because you know the market.

You can say, “hey, these guys are way low, or these numbers don't...

Chris Prefontaine and his family acquire 5-10 properties every month and control between $20 and $30 Million dollars worth of real estate deals -- all done on TERMS without using their own cash, credit, or signing for loans. Chris and I discuss the routines of a successful real estate investor and how Chris coaches his students from purchasing their first deal to having his students make 1500 transactions per year.

Listen to all our episodes and leave a review: HERE

Download Podcast: HERE

Subscribe:  Apple | Google Play | Stitcher | Spotify

Prior to investing in real estate, Chris had worked as a broker for 5 years. Chris and his family eventually started investing in real estate... and quickly excelled. Today, Chris coaches people throughout the US and Canada. 

Chris and his family use strategies to purchase homes without their own money including lease purchasing and owning financing. Most of the properties that Chris deals with...

Andrew Keel and I discuss how he fell into purchasing two mobile homes and now owns a mobile home park, his own property management company and his own mobile home transport and installment business. If you're thinking about investing in mobile homes, this is the episode for you! 

Listen to all our episodes and leave a review: HERE

Download Podcast: HERE

Subscribe:  Apple | Google Play | Stitcher | Spotify

Andrew had been a wholesaler and house flipper when he had the opportunity to purchase two mobile homes for $2200. Not knowing too much about mobile home parks, Andrew started to do his research on the niche and quickly learned how profitable it can be. 

Andrew loves mobile home parks because you are renting the lot. You don't own the home so that means you aren't responsible for the maintenance on a mobile home. It doesn't hurt that mobile homeowners have a low turnover rate of around 4.5% annually because it costs between...

If you don't start collecting information, you will have to go on what the broker tells you! You have got to understand the numbers!

The reason why I come up with some of these topics is because I see students doing things incorrectly while some students are doing things perfectly. And I want to get everybody on the same page. One thing is that investors, students and new investors, they just go. They're running all over the place as far as the market, what markets they should be in and where they should go. So much so that they never become experts in their market. 

So I want to identify some of the mistakes I see new investors are making when they are not the experts in the marketplaces that they're looking for. If you just focus your business on one particular area and capture the data from every property you evaluate in that marketplace, you will be able to move on a dime when the opportunity presents itself. No one will be able to bamboozle you. You'll know the numbers...

Dave Dubeau is a Real Estate Entrepreneur, Best-Selling Author, Speaker, and Investor Attraction Expert based in Kamloops, B.C. Canada. For the last several years Dave has been the world's #1 investor attraction "Imple Mentor." Using his proprietary 5 Step Money Partner Formula, Dave helps real estate entrepreneur clients grow their portfolios significantly and in record time by attracting investors instead of chasing them. Dave and I will be discussing how you can attract clients on demand!  

Listen to all our episodes and leave a review: HERE

Download Podcast: HERE

Subscribe:  Apple | Google Play | Stitcher | Spotify

How to systematically raise capital with Dave Dubeau

While Dave is a real estate entrepreneur, he is a marketer at heart. Dave had been investing in multifamily properties when he ran out of cash. This is when Dave learned the pain point that most investors have... figuring out how to raise capital. Dave...

Mitch Stephen is his name and seller financing single-family homes over and over again is his game. One of the funniest guys I have had the pleasure of speaking with on my podcast. What Mitch does is so unique and worth every minute of your time listening and learning from. If you play your cards right, I will have him send you his book free (shipping and handling required). You will love it! 

Listen to all our episodes and leave a review: HERE

Download Podcast: HERE

Subscribe:  Apple | Google Play | Stitcher | Spotify

Learn How to Own 1,000 Houses from a Guy Who Has Owned Over 2,000 with Mitch Stephen

Mitch began his real estate investing career at 23. Since then he has owned over 2,000 houses; purchasing a new home every 4-5 days around his hometown of San Antonio, TX. He is on pace to purchase 120 homes this year. Mitch specializes in owner financing properties to individuals left behind by traditional lending institutions. ...

I had a lot of fun interviewing Michael Bull who is living proof that there really are some quality individuals on the brokerage side of the business. He and I also had a lot of fun playing "Oh yeah, Well what about this . . ?"

Michael also shared some great tips on how to make your offer rise to the top.

Listen to all our episodes and leave a review: HERE

Download Podcast: HERE

Subscribe:  Apple | Google Play | Stitcher | Spotify

Follow Me to the Dark Side as I Interview a Multifamily Broker with Michael Bull

Michael Bull from Bull Realty has brokered over $5 Billion worth of commercial real estate transactions. Michael hadn't always been that successful. He started his business managing apartments at 18 and then received his real estate license at 19. 

Michael discusses that there a lot of buyers and fewer sellers; the buyers need to get Michael's attention. When you present an offer, you should include a letter of interest (LOI)....

A good friend to the MFIA Owner Forum members as well as most multifamily investors is my good friend from NorthMarq Capital, Kevin Jenkins. Kevin and I discuss how to get deals funded and what you need to know about funding options when you are sizing up a deal.

Listen to all our episodes and leave a review: HERE

Download Podcast: HERE

Subscribe:  Apple | Google Play | Stitcher | Spotify

Look Mom, No Financing - and Other Things Investors Never Want to Hear with Kevin Jenkins

As a multifamily investor, you need to know what financing options are available to you. Kevin is the go-to guy for your financing needs. Kevin works as the underwriter and has seen it all. You need to remember that the lender is not only protecting themselves, but they are also protecting you. If your pricing doesn't match up with the financing, you shouldn't force as a deal and as Kevin has seen, it can end in disaster. 

In this episode we also cover: 

Bill Manaserro came off the mission field in Haiti to begin investing in multifamily property. After this interview, I bet he wishes he was back in Haiti. Let me just say that one of the two of us was incredibly irreverent. And it wasn't the Reverend. Be prepared for another laugh riot on the Multifamily Investing Podcast.

Listen to all our episodes and leave a review: HERE

Download Podcast: HERE

Subscribe:  Apple | Google Play | Stitcher | Spotify

Life Begins at Age 50 for Real Estate Investors with Bill Manassero

Most people think that you need to start early in your life to become a real estate investor... Bill didn't start his career until he was over 50. Bill received an inheritance check and didn't want to put it in the stock market because he felt it was volatile. 

Bill decided to start looking at ways to invest in real estate. Bill found out about turnkey properties and purchased a duplex and two single-family homes. But...

Jeff Lerman has established a nationwide reputation as “The Real Estate Investor’s Lawyer.” With his background in litigation, Jeff and I will be discussing how to have a successful partnership, and how the single most important factor in a partnership is having the right JV partnership agreement from the start. We’ll also address why Jeff likes joint venture partnerships over syndication. 

Listen to all our episodes and leave a review: HERE

Download Podcast: HERE

Subscribe:  Apple | Google Play | Stitcher | Spotify

How having the right partner can make or break your business with Jeff Lerman

Jeff is a lawyer based out of San Francisco. Jeff is also prominent in the real estate investing world. As Jeff is a lawyer who works with real estate investors, he's seen it all... especially when it comes to partnerships. I also thought it was quite interesting in our interview that Jeff favors joint venture...