Posts by Daray Olaleye
BTM132: Lifestyle Design Through Distressed Mortgage Notes with Jim Maffuccio
Jim Maffuccio has enjoyed a long and successful career in real estate, and has some battle scars to prove it. Today, he draws on his over 30 years of real estate experience and introduces us to a strategy that many haven’t yet discovered.
Jim has become an expert on mortgage notes and is helping investors far and wide to invest in real estate without any of the headaches of being a “landlord” and just owning the underlying note. So far, Jim has purchased over 1,000 loans in more than 35 states and grown to three separate funds in just over seven years. Fascinating strategy and even better episode!
Key Points From This Episode:
- How to lose it all twice and still come out on top
- Why invest in mortgage notes
- Jim’s spiritual journey to real estate
- How Jim grew a company to $30 Million dollars aum.
- What are distressed non-performing notes
- How to find an online note exchange
Links Mentioned in Today’s Episode:
Recommended Book:
The Bible
Listen to this books for free!
Lifestyle Design App:
BTM131: Buy, Rehab, Rent, Refinance & Repeat with Mark Owens
Mark has been an active Real Estate investor in the Baltimore Maryland area for the last 15 years. With over 100+ rental units, Mark on our guest for today’s show to teach us the infamous BRRR strategy where you find a deal and do the following: buy, rehab, rent, refinance and repeat.
Mark and I also discuss the metrics behind getting deals done. So if you’re wondering how many postcards should you send out or how many calls you should make before expecting a deal, listen to this episode.
Key Points From This Episode:
- The math behind the BRRRR Strategy
- Why single family homes cashflow better than multifamily
- How much effort it takes to get your 1st deal done
- How many yellow letters equal 1 deal
- The importance of credit when refinancing
Links Mentioned in Today’s Episode:
Recommended Book:
10X by Grant Cardone
Listen to this books for free!
Lifestyle Design App:
BTM130: Listen To This If You Want To Get Started In Real Estate
How do I get started in Real Estate?
How should I begin my investing journey?
How much money do I need to get started?
On this episode of the Before The Millions Podcast, we are answering all of those questions as they pertain to you. You may be overwhelm with all of the real estate strategies or confused as to how to get started but by the end of this episode you will leave with a crystal clear strategy and a commitment to that strategy…
Download this weeks freebie! –> Real Estate Newbie’s Guide here to follow along with the exercises in the episode.
BTM129: Systematically Grow Your Portfolio Using Banks with Anton Ivanov
Anton Ivanov is a US Navy veteran, real estate investor and entrepreneur with a portfolio of 40 rental units spread out across 4 states. His portfolio generates over $12,000 in monthly passive income, and requires less than 1 hour a week to manage.
Today, Anton and Daray cover Anton’s Before The Millions story and how he has been able to systematically grow his real estate portfolio using 2 things: Traditional Bank Financing and an app called Deal Check. We discuss both in detail on today’s episode.
Define DealCheck? – a leading real estate analysis platform for quickly analyzing and comparing rental properties, flips and commercial buildings. DealCheck is used by over 100,000 real estate investors, agents and professionals worldwide. Receive 25% off for life using code BTM25.
Key Points From This Episode:
- The power of a mortgage broker
- Why work with credit unions instead of banks
- Difference between portfolio loans and commercial loans
- How Anton is going to transition from his day job for good
- Why Anton decided to create an app
- How you can analyze deals effortlessly
Links Mentioned in Today’s Episode:
Recommended Book:
Think and Grow Rich by Napoleon Hill
Listen to this books for free!
Lifestyle Design App:
BTM128: International Airline Pilot Builds Property Management Empire with Steve Rozenberg
Steve is an international commercial Airline Pilot who turned investor after the shock of 9/11 turned his airline career world upside down and the “safe-secure” job was anything but that. This is when he realized he needed to be in control of his own destiny. Since then he has owned dozens rental properties as well as apartment complexes, he has also flipped and wholesaled hundreds of properties.
In the beginning, he failed miserably as a landlord due to terrible tenants, worse neighborhoods and zero structure. It took him years, but with the help and guidance of mentors and coaches they have figured out how to leverage each other’s strengths to successfully build a multi-million dollar property management business
Key Points From This Episode:
- How 9/11 changed Steve’s life as a pilot for the better
- How Steve travels to Australia twice a month
- The power of social media in your business
- Low income, high cashflow properties
- Scalability, Marketability and Opportunity and why they’re key
- How to manage 1000 properties
Links Mentioned in Today’s Episode:
Before The Millions Facebook Group
Recommended Book:
10x Rule by Grant Cardone
Listen to this books for free!
Lifestyle Design App: