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
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
Lifestyle Design App:
Quickbooks Accounting Software
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:
BTM183: How Roth IRA’s Double Your Real Estate Income with Carl Fischer
From launching rockets to lending on real estate deals, today’s guest, Carl Fischer is a 3rd generation real estate developer. Carl has been able to increase his net worth twice as fast without any more effort by utilizing self directed 401k and IRA tools.
If tax free sounds too good to be true, just wait. On today’s episode we dive into exactly why a Roth IRA is an excellent tool for earning tax-free income for life. We’ll also show you how to earn lasting income for your children and grandchildren through legacy building. Lastly, Carl has made it easier than ever (and free) to open up one of these powerful accounts.
Key Points From This Episode:
- The difference between traditional, self directed and Roth IRA’s… and which one allows for real estate investing
- Is tax free income a scam?
- tax avoidance vs. tax evasion
- What type of qualified plan you should have
- A breakdown of 401ks, HSA’s, 403B’s custodial and SEP accounts
Links Mentioned in Today’s Episode:
Carl’s Website
Recommended Book:
Think & Grow Rich by Napoleon Hill
Keep it by Joe Luby III
Lifestyle Design App:
Amazon App
BTM167: The 5 Step Formula for Finding Money Partners in a Virtual World with Dave Dubeau
Today’s guest, Dave Dubeau, like many investors used traditional financing to acquire his first few deals. Like many investors, before he could get the ball rolling, the banks cut him off.
On today’s episode, we discuss Dave’s plunge into finding money for his deals and how he’s been able to create a systematic approach to it over the years. This approach is what he attributes to raising millions of dollars over the years and how he’s been able to scale his portfolio and business to suit he desired lifestyle.
Key Points From This Episode:
- Why it’s important to build personal relationships
- Actual scripts to contact your potential investors
- How to raise money without being salesy
- Tips for online meetings and presentations to potential partners
- How to actually ask for the money
- Why create an email warm up campaign for prospects
- The importance of gift giving in business
- Ideas for becoming an authority online
- How to grow your business through referrals
- Why you shouldn’t ‘pay’ for referrals
- Creating competition around your deals
Links Mentioned in Today’s Episode:
Recommended Book:
The Ultimate Sales Machine by Chet Holmes
Listen to these books for free with Audible!
Lifestyle Design App:
Zoom Online Video