BTM194: Multifamily Millions in Emerging Real Estate Markets with David Lindahl

Starting out as a broke landscaper in 1996, todays guest Dave Lindahl’s goal was to simply create a better life for him and his family. In David’s first few years as an investor, David studied the markets closely and found creative ways to buy property with none of his own money.

Since then he has gone on to create a portfolio of over 9,000 units, become a New York times Best Seller Author – twice, and is now know as the premier expert in the study of emerging markets sharing stages with the likes of Robert Kiyosaki and Tony Robbins.

Key Points From This Episode:

  • Being mindful of where you get advice
  • How to become an expert without formal education
  • The 2 indicators of market movement
  • The lifecycle of markets
  • The best markets to invest in for growth in 2021
  • How David became a 2x best selling author
  • The effectiveness of micro repositioning
  • David’s morning routine as a Dad and Triathlete

Links Mentioned in Today’s Episode:

David’s Website

Recommended Book:

Awaken the Giant Within by Tony Robbins

Listen to this book for free!

Lifestyle Design App:

TikTok

BTM193: Ensuring Your First Renovation Project Is Profitable with Van Sturgeon

Van Sturgeon, today’s guest has many titles.. real estate investor, home builder, renovator, general contractor and high performance coach. With over 1,000 properties in his portfolio, he’s been able to semi retired from those titles but is still pushing forward to help new investors with their rehab projects.

On today’s show, we’ll discuss the world of a contractor and equip you with the knowledge the successfully execute an on time rehab (within budget) and with profit.

Key Points From This Episode:

  • Why inexperienced contractors under charge and flame out
  • How to find the best General Contractor for your job
  • The difference between traditional rehabs and rental grade rehabs
  • If you are a real estate investor, why you should act as your own GC.
  • What is the correct order of operations in a rehab
  • How to create a scope of work
  • Why you should have a no tolerance attitude towards contractors
  • How to systematically pay your rehabbers

Links Mentioned in Today’s Episode:

Van’s Website

Recommended Book:

Think and Grow Rich by Napoleon Hill

Listen to this book for free!

Lifestyle Design App:

Quickbooks Accounting Software

BTM191: Gaining Traction in the Flipping Business with Gabe DaSilva

Gabriel DaSilva, today’s guest, has been coined “Mr. Add-A-Level” for his extensive knowledge of construction heavy renovations – but where did it all start? How do you start a real estate business that gains momentum overtime?

On the episode, you will learn about the different ways to add value in fix n flip deals. As you do more deals, you will want to grow your team so Gabe gives us a first hand look into team structures for real estate entrepreneurs and investors. For outsized returns, you will need to provide outsized value and Gabe’s out of the box thinking is just what the doctor prescribed.

Key Points From This Episode:

  • Adding Value vs. Taking Advantage
  • Gabe’s transition from the restaurant business to fix n flips
  • Gabe’s “act like a guy who buys deals” personality
  • The transition from solopreneur to business owner
  • The initial and most important members of your team
  • Creative ways for flippers to add more value
  • Why Gave believes that cash is trash and leverage is king
  • 75 Hard the lifestyle
  • Morning Routines, Masterminds and more

Links Mentioned in Today’s Episode:

Gabe’s Website

Recommended Book:

Think and Grow Rich by Napoleon Hill

Traction by Gino Wickman

Listen to these books for free!

Lifestyle Design App:

Slack

BTM190: I Own A Completely Virtual Real Estate Business with Property Manager Edward O’Daniel

Edward O’Daniel, today’s guest, is a disabled Army Veteran that owns rental real estate and a property management company. Edward enjoy doing deals on cruise ships in the middle of the ocean but also enjoys adding value to new investors and property managers alike. So if you’re in the market for a property manager, learning to be one, or want to learn about the lifestyle design of our 4 hour work day guest, then this episode is for you.

Key Points From This Episode:

  • Doing deals through networking with Agents & Investors
  • Edwards unique technique for new property management clients
  • Edwards favorite marketing and motivational podcasts
  • The deceptiveness of “turnkey” rentals
  • Edwards 4-hour daily work schedule
  • The low overhead in property management

Links Mentioned in Today’s Episode:

Edward’s Website

Recommended Book:

Rich Dad, Poor Dad by Robert Kiyosaki

Listen to this book for free!

Lifestyle Design App:

Microsoft Teams

BTM189: Profit First for Real Estate Investors with David Richter

On todays episode, we interview the brand new author of Profit First for Real Estate Investing, David Richter.

David is a long time property investor that has been apart of over 850 deals in his lifetime and through his experiences has learned how best real estate investors can manage their finances as well as their mindset on money. We take abstracts financial concepts and implement tactical strategies on this episode to be great stewards of our own finances on todays show.

Key Points From This Episode:

  • Infinite banking for real estate investors
  • Understanding the importance of “passthrough” bank accounts
  • 3 month reserve for potential deals?
  • David’s opportunity to author a new version of Mike Michalowicz’s “Profit First” but for real estate investors

Links Mentioned in Today’s Episode:

David’s Website

Recommended Books:

Rich Dad, Poor Dad by Robert Kiyosaki

Boundaries by Henry Cloud and John Townsend

Listen to these books for free!

Lifestyle Design App:

Google Calendar

Other ‘Profit 1st’ Episodes:

BTM146: Profit 1st, The 20-Hour Work Week & A 4-Hour Body

BTM 41: Is Your Primary Home An Asset Or Liability?