BTM150: Marriage & Real Estate From The Ground Up with Kevan and Ayesha Shelton

Kevan and Ayesha Shelton are real estate investors and educators who focus on ground up development properties.

Their businesses consist of Park Street Development, a residential and commercial construction company, K&A Consulting, an education, and training organization, Icon Short-term rentals and The Marriage and Real Estate Podcast.

On today’s show we discuss the dynamics of the entrepreneurial couple with business and personal life. We also discuss developmental real estate, who it’s for and how a typical transaction looks.

Lastly we take a look at the type of goals that are fueling Kevan and Ayesha and why it’s important to pivot your real estate strategy to match.

Key Points From This Episode:

  • Why your financial advisor sucks
  • How you should look at your rate of return
  • Why the 401K match is not as impactful as you think
  • How to pay down debt and invest at the same time

 

Links Mentioned in Today’s Episode:

Kevan and Ayesha’s Website

Recommended Book:

The E-Myth by Michael Gerber

Outwitting The Devil by Napoleon Hill

Listen to these books for free with Audible!

Lifestyle Design App:

Trello

Canva

BTM143: Top 2020 Real Estate Investing Strategies (Debunked & Explained)

What are the top strategies that new real estate investors should look into this new decade:

Flipping?

Rental properties?

Apartments?

Wholesaling?

Or creative strategies like Owner Financing?

Subject-to?

or maybe even a tenant buyer strategy or two?

On today’s episode, not only will we take a deep dive into each of these strategies but we’ll discuss what’s working in 2020 and how to select a vehicle based on your goals, experience, resources and timeline.

This is a fun filled jam packed episode that is going to expand your thinking when it comes to risk and no money down strategies in real estate as well as serving sellers and buyers as an investor while still making massive profits.

Key Points From This Episode:

  • What the Motivated Seller Method (MSM) is and how to implement it today
  • How to profitably overpay for properties
  • How to get a deal done with any seller in any market
  • Massive profit exit strategies for your investments
  • The idea of serving
  • How Daray navigated through these strategies in the past 4 years
  • Another way to use OPM (Other People’s Money)
  • How to structure 3 large paydays for every deal
  • Cash Flow vs. Lump Sum Cash and how to get both simultaneously

Links Mentioned in Today’s Episode:

Motivated Seller Method (MSM)

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.

BTM 101: My Spouse & I Want To Be Landlords with Pongee Barnes

Born and raised on the south-side of Chicago, today’s guest, Pongee Barnes embarked on her real estate career as a college student in 2005 at the age of 20, buying her first condo.

From 2008-2011, Pongee owned a furniture rental staging business which birthed from her passion of staging and flipping homes. Today, as a seasoned investor, more than her passion for real estate she has a central focus on inspiring black millennials to invest.

On today’s episode, we discuss the ups and downs of “hands on” landlording but more specifically, managing your rentals with a partner.

Key Points From This Episode:

  • How Pongee lost money on her 1st deal
  • Why Pongee started staging property, renting furniture & flipping homes
  • Why Pongee decided to drop out of Law School
  • How to take advantage of “Cash for Keys”
  • If and how you should partner with your spouse
  • How to raise a family around real estate investing

 

Links Mentioned in Today’s Episode:

Pongee’s Instagram

Before the Millions Books:

Millionaire Next Door by Thomas J. Stanley

Listen to this book for free!

Lifestyle Design App:

Free Training: Building A Lifestyle Business Through Real Estate Investing

BTM 90: The American Dream Does Not Build Wealth with Kendra Barnes

Kendra Barnes is on a mission to change the perception of what a Real Estate Investor is supposed to look like by encouraging and empowering millennials to invest in Real Estate. By the age of 30 she owned and managed 7 rental units. No, she did not hit the lottery nor was she left a hefty inheritance. She started out in Real Estate Investment with the goal of building wealth but had no idea what she was doing and jumped in anyways. These days, Kendra and her husband are owners of several investment properties in the Maryland and D.C. areas and educate others on all things real estate.

On today’s episode, Kendra and I discuss the challenges of living “The American Dream” and although she started her journey with a great life how she’s a big advocate for those who start with with nothing. Kendra is a big fan of Robert Kiyosaki but originally got started with no education in the space and just decided to take the leap of faith. Find out more on Kendra’s journey by listening to the interview.

 

Key Points From This Episode:

  • How to blow past the mental blocks and get started
  • Why the American Dream is not the dream after all
  • How Kendra got started in real estate with no formal education
  • The benefits of house hacking and living for free

 

Links Mentioned in Today’s Episode:

Kendra’s Website

Before the Millions Book:

Rich Dad, Poor Dad by Robert Kiyosaki

Listen to this books for free!

Lifestyle Design App:

Marco Polo Video App