BTM198: Reformed Criminal Mastermind Turned Billion Dollar Hotel Magnate with Nate Barger
Enjoy this wide ranging conversation with Nate Barger, today’s guest and former criminal mastermind. His story is compelling, yet inspirational as we navigate through cocaine drops to million dollar real estate deals. From apartments and industrial buildings to hotels, Nate has a knack for putting together deals with very little down and outsized returns.
Key Points From This Episode:
- Why Nate started dealing cocaine at 15 years old
- Under investigation with the FBI and 4 felonies later Nate finds his way
- How Nate bought his first property for $6,000
- Early investing mistakes – going bankrupt
- Nates first retirement at 40 years old with $35,000 in passive income
- How Nate acquired 1,800 apartments, Hilton Hotels, Marriott Hotels, IHG Hotels, Staybridge Hotels, Hampton Inns and more
- The BRRR hotel investment strategy
Links Mentioned in Today’s Episode:
Recommended Book:
7 Habits of Highly Effective People Stephen Covey
Lifestyle Design App:
BTM197: $100,000 in Business Credit For Real Estate Investors with Mike Banks
Whether you’re a new investor or seasoned investor, business credit has the power to bolster your results by providing you with the much needed capital to grow your business. Some people turn to hard money and pay exorbitant fees to borrow money for their real estate deals. But what if you could borrow money from your own line of credit? – At much lower rates, or even free with 0% interest offers.
Today’s guest Mike Banks works at a company that has helped 20k+ businesses establish over $1 Billion in Business Credit providing most of their clients with $50k-$250k individual with 0% interest Business Credit. We brought him on the show to ask him how…
Key Points From This Episode:
- Running a 10M per year business
- Sole proprietorship vs. LLC
- Personal credit vs. Business credit
- Negotiating for business credit approval
- Why not to do hard money loans
- $30,000 to $100,000 credit in 4 weeks?
Links Mentioned in Today’s Episode:
Recommended Book:
Rhinoceros for Success by Scott Alexander
Lifestyle Design App:
Microsoft Teams
BTM195: Marketing For Leads That Create 1,000 Deals with Danny Johnson
Danny Johnson, today’s guest, has been doing wholesales and fix n flips since 2003. What started out as 6-10 deals per year quickly ramped up once Danny figured out a better way to market. Rather than market to properties on the MLS, Danny shares how is started marketing directly to sellers then watched his business explode practically overnight.
Key Points From This Episode:
- How relevant is Driving for Dollars in 2021 and beyond
- Why investors should stay away from the MLS
- The mindset of a seller that goes through your marketing
- How to remain relevant in a hot market
- Why so many investors throw away most of their good leads
Links Mentioned in Today’s Episode:
Recommended Book:
Rich Dad Poor Dad by Robert Kiyosaki
Lifestyle Design App:
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:
Recommended Book:
Awaken the Giant Within by Tony Robbins
Lifestyle Design App:
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:
Recommended Book:
Think and Grow Rich by Napoleon Hill
Lifestyle Design App: