Investing In The U.s. - An Aussie's Guide To U.s. Real Estate

EPISODE 388: A lot of people get burned when they start investing in real estate...Especially when it comes to turnkey properties, which many wrongly believe are zero effort.One of the people who gut burned this way is Engelo Rumora. But he didn’t let that deter him from pursuing his goals. Instead, he learned from his mistakes, made smarter decisions in his next deals, and started helping other ambitious investors avoid the costly mistakes he made. Today, Engelo is a passionate and visionary real estate entrepreneur who has been involved in over 1000 real estate transactions worldwide. He is the co-founder and CEO of Ohio Cashflow and Oz Realty, two successful companies that offer turnkey real estate solutions and property management services to investors in the US and abroad. In our insightful interview, he shared everything you need to know about turnkey real estate investing, so check it out!Without further ado, let’s jump right in. Key Takeaways: 00:00:00 Intro00:02:13 How Engelo made his first dollar as

EPISODE 387: Do you know what separates great investors from mediocre investors?The ability to identify good investment opportunities. One investor who definitely has this ability is today's guest, Michael Voulgarakis. Michael is the COO of Southgate Real Estate Ventures and has nearly two decades of experience in asset management, underwriting, operations, valuation, and due diligence of multifamily, retail, mixed-use, and office spaces. Michael recognized the potential of fast-growing tech hubs in the US, such as Seattle, where prices were much lower than in Silicon Valley, and the growth potential was enormous. Through strategic partnerships and data-driven decisions, he managed to capitalize on this realization, and today, he’s here to tell us all about it! Tune in. Key Takeaways: 00:00:00 Intro00:01:18 How Michael made his first dollar as a kid00:01:45 Michael's beginnings in real estate00:03:59 Recognizing the potential of tech hubs 00:08:20 Data-driven investing00:10:12 Identifying value-add pr

EPISODE 386: I know what you’re thinking…“Reed, you’re a real estate guy! Why are you talking about SaaS businesses?”Well, at the heart of it, Investing in the US is a show about making money. And making money is all about expanding your horizons and educating yourself on the multitudes of ways to do it. Acquiring and scaling SaaS businesses just so happens to be a fantastic way to break into the world of digital entrepreneurship and start earning your first passive income. That's why I've invited Michael Frew on the show today! Michael owns and operates several seven-figure businesses and is a renowned expert in acquiring and operating digital businesses. He encourages and educates other engineers and IT professionals on the career choice of acquiring online businesses to help them maximize their financial future.Today, he will share everything you need to know before acquiring your first SaaS business and breaking into digital entrepreneurship, so without further ado, let’s get right into it!Key Tak

EPISODE 385: In the real estate investing world, we're so busy with high-level overviews that we often overlook the ways in which we can improve our properties and increase their value. One of the most important ways to maximize our ROI is through interior design. Interior design is what will determine how prospects feel when they see a property and, in return, how much they are willing to spend on it. This is true for all types of real estate and all types of deals. Here today to tell us more about the transformative power of interior design and share some practical tips for real estate investors is none other than Erica Reiner. Erica is an absolute rockstar entrepreneur. She is the owner and design principal of Eco Method Interiors, a full-service interior design company working across a wide range of industries, from commercial to residential. And to just tail end this introduction, she also happens to be my wife!So, without further ado, let’s jump right into the world of eco-friendly interior design a

EPISODE 384: People always assume that you need a lot of money to invest in real estate. But that couldn’t be further from the truth! In fact, many seasoned investors would go as far as to say that you should never ever buy real estate with your own money. Now, if that sounds ridiculous to you, you’re in the right place! Today, we’re featuring the king of creative financing himself, Pace Morby! From humble beginnings, Pace has built up a strong reputation over the last few years. He has renovated over 7000 homes, completed 150 new construction projects, wholesaled over 200 deals a year, has a 100-unit mobile home park, and the list goes on. To say that this man is a beast is an understatement!Tune in to learn how to buy real estate with someone else's money and how to stop trading your time for money but make your money work for you!Key Takeaways: 00:00:00 Intro00:01:12 How Pace made his first dollar as a kid00:06:06 Don’t exchange your time for money!00:07:53 Pace’s business today 00:10:15 How Pace raise

EPISODE 383: One category of real estate that’s often overlooked when we talk about real estate investing is self-storage. And although it may not sound as sexy as other types of real estate, self-storage can be a very lucrative endeavor! Joining us today to talk about the lucrative opportunities in the self-storage industry is none other than Tom Dunkel! Tom brings over 27 years of real estate finance and investing experience to his position as chief investment officer of Belrose Storage Group. He’s an expert in value-add self-storage investments, distressed mortgage note investing/dealing, private lending, private investing in multi-family and self-storage properties, and he’s mastered the art of finding niches within niches. Without further ado, let’s jump right into it! Key Takeaways: 00:00:00 Intro 00:01:16 How Michael made his first dollar00:04:13 The distressed mortgage debt industry and self-storage investing00:08:28 The decision to start with a partner rather than alone00:10:20 Current market conditi

EPISODE 382: As an entrepreneur, it’s essential to understand the opportunities around you. That's why today, we're going to shift gears a little and venture into franchising!To guide us through this unknown territory, I’ve invited Lance Graulich, a renowned franchise consultant with decades of experience in the field. Lance is the founder & CEO of ION Franchising, the leading franchise consulting and development group. He has helped thousands of people go from wannabe entrepreneurs to franchise owners, and he’s passionate about making business ownership accessible to everyone.In this insightful episode of Investing in the US, Lance shares everything you need to know about franchising to succeed. From franchise discovery to understanding when to let go. Tune in! Key Takeaways: 00:00:00 Intro 00:01:28 How Lance made his first dollar as a kid00:02:41 Getting started in franchising 00:06:40 How to avoid costly mistakes as a franchisee00:11:10 Finding the right location for a franchise00:15:15 Creatin

EPISODE 381: Feel like your investments aren’t working hard enough for you? It could be due to many reasons, but more likely than not, your portfolio is over-diversified.Yes, you heard that right. Over-diversified! It has long been a myth in the world of stock investing that you need to diversify your portfolio. But as crazy as it sounds, today's guest doesn't believe that at all! Meet Chris Vermeulen, an experienced and successful trader, educator, and bestselling author. With a profound understanding of the markets, he offers unique insights and an industry-breaking investment style that will help you retire with more money than you need. Tune in to get a fresh perspective on investing and game-changing investing strategies!Key Takeaways: 00:00:00 Intro 00:00:30 How Chris made his first dollar as a kid00:08:11 How to break into the stock market00:12:07 Why you shouldn’t diversify your portfolio 00:18:40 Identifying market trends 00:23:13 Game-changing investing strategy 00:33:03 Outro—➡️ Check out C

EPISODE 380: Is the real estate bubble about to burst?While no one can say for sure, it’s clear that the market is changing rapidly. It can be tough to navigate situations like these, especially for younger investors who have not experienced other periods of economic downturns. But fortunately, we do not have to rely on our own experience alone! Joining us today is the OG of syndication and returning guest Brian Burke. Brian is the President and CEO of Prax Capital, a vertically integrated real estate investment company he founded in 2001. In his 30-year career, Brian has acquired over $800 million worth of real estate, and he's the author of The Hands-Off Investor: An Insider’s Guide to Investing in Passive Real Estate Syndications. In this insightful episode, Brian and I will talk about the current state of the real estate market and how you can come out of it as a winner. Tune in! Key Takeaways: 00:00:00 Intro 00:04:15 The current state of the real estate market00:09:34 What Brian started noticing in 2

EPISODE 379: One of the scariest things in life is to shift from one career to another, especially if you’re living paycheck to paycheck… But oh boy, is it worth it! Take today’s extraordinary guest, Brett Snodgrass, for example. He used to work as a high school teacher, barely making $20K a year. But he took a massive leap of faith and started investing in real estate. Now, he’s a real estate millionaire and a serial entrepreneur. He specializes in wholesaling, wholetailing, creative financing, and business scaling. If you want to learn how Brett transitioned from high school teacher to real estate investor to CEO and finally to business owner, tune in. Trust me, this episode is full of gold nuggets, so don’t miss out!Key Takeaways: 00:00:00 Intro 00:01:36 How Brett made his first dollar as a kid00:03:08 Brett’s upbringing and how it pushed him towards entrepreneurship 00:08:07 From teaching to real estate investing00:10:39 From CEO to owner00:14:59 What Brett learned after stepping down as CEO00:26:31 What’

EPISODE 378: The demand for build-to-rent properties is skyrocketing at an unprecedented pace! Do you want to capitalize on this growing demand in 2024 and get in on the trend before it's too late?If so, this episode is for you! Join me in a conversation with Jim Sheils, a real estate expert specializing in the build-to-rent niche. Jim is a bestselling author, a partner at Southern Impression Homes, and co-owner of 18 Summers. He has extensive knowledge and experience in building rental portfolios for individual investors and institutional buyers in Florida's high-growth markets.This interview will give you everything you need to know to enter this growing niche, so don’t miss out!Let’s get right into it.Key Takeaways: 00:00:00 Intro 00:01:28 How Jim made his first dollar as a kid00:01:48 Jim’s journey into real estate investing00:07:59 Turnkey 2.0 explained00:14:35 The changing dynamics in the real estate market00:20:46 Jim’s vertical integration strategy 00:27:01 Top 5 investing tips 00:30:02 Outro—

EPISODE 377: Contrary to popular belief, you don't need a lot of money to succeed in the stock market. Today’s guest is living proof of that!Meet Jason Brown, the street kid turned stock trading millionaire who started his incredibly successful investing journey with just $500. Jason has over a decade of experience in stock and options trading, a successful YouTube channel, and an amazing podcast. He believes anyone can profit from the stock market with the correct strategy. That’s why he started helping people transform from nervous beginners to confident investors. Want to know how Jason makes millions of dollars trading stocks and how you can, too?Tune in to this insightful conversation!Key Takeaways: 00:00:00 Intro 00:01:19 How Jason made his first dollar as a kid 00:04:08 Transitioning from the street to the stock market 00:19:25 Overcoming self-doubt and financial setbacks 00:25:45 Financial literacy for marginalized groups00:30:43 Making money on stocks in down markets 00:38:05 Real estate and stoc

EPISODE 376: Given current market trends and soaring interest rates, many are expecting a 2008-like collapse in real estate… While we cannot predict the future and say for sure whether it will happen or not, we can help you navigate through these challenging times and succeed with the lessons we learned during the 2008 recession! To help us do this, we are joined by Justin Brennan, a 3rd generation multifamily investor who watched his father lose everything in 2008. In this insightful interview, we'll be sharing some effective tips and strategies to thrive amidst uncertainty, all the while exploring current global financial trends.Tune in! Key Takeaways: 00:00:00 Intro 00:03:30 How Justin made his first dollar as a kid 00:06:25 Lessons from 2008 to succeed in 2024 00:09:08 How Justin’s acquiring assets00:16:03 Multifamily and debt management 00:19:33 Did syndication become a dirty word? 00:25:03 Global economic trends and digital currencies 00:28:37 Top 5 Investing Hacks00:33:44 Outro —➡️ Check out Justin

EPISODE 375: Should you invest in single-family or multifamily properties in 2024? What’s the difference between the two, and which model is best for you? To successfully navigate the real estate industry and maximize your returns in 2024, you need to understand the different types of real estate and which investing model best suits your specific goals. That’s why today, real estate expert Ben Gray and I will go over everything you need to know to succeed in the new year!We will cover all the basics: cost of entry, liabilities, the differences between active and passive real estate investing, syndication, scalability, and much more. If you want to make 2024 your year, tune in. Trust me, you don’t want to miss out on this one. Key Takeaways: 00:00:00 Intro 00:03:06 Cost of entry 00:06:42 Active vs. passive investing 00:12:56 Scalability in real estate investing00:18:15 Summary and outro —➡️ Invest with RSN: https://rsnpropertygroup.com/ ➡️ Visit https://reedgoossens.com/ and:• Invest passively in multifamily r

EPISODE 374: Due to the changing debt markets, persistent inflation, banking failures, and the anticipated recession in 2024, fears of a multifamily real estate market crash are spreading like wildfire. But as Warren Buffet consistently emphasizes, ‘widespread fear is your friend!’ So, with this in mind, we invite you to our Q4 2023 FREE State of the Market Webinar with the RSN team.Join us for an in-depth discussion of our strategy, how we're navigating the current economic environment, and the impact on multifamily investing both now and in the future.This webinar will equip you with the knowledge you need to succeed in 2024. So, grab a pen and paper, and tune in! Key Takeaways: 00:00:00 Intro00:02:45 Economic growth, inflation and general market trends00:09:29 Economic trends, lending standards and their impact on multifamily00:18:10 Market trends in rent growth 00:22:51 Current market shifts00:29:30 Investor Q&A 00:48:17 Outro —➡️ Invest with RSN: https://rsnpropertygroup.com/ ➡️ Visit https://ree

EPISODE 373: How to scale a billion-dollar business is probably a question we all want answered…Well, today, I had the honor of talking to someone who has done it and is willing to reveal his secrets! Meet Joe Fairless, legendary multifamily investor and co-founder of Ashcroft Capital, a massive company with over $2.7 billion in assets under management. Needless to say, Joe is a proper authority in our field and regularly shares his wisdom on his Best Real Estate Investing Advice Ever podcast - the world's longest-running daily podcast on commercial real estate investing. Well, today, he’s not a host on his own podcast but a guest on ours, and I can’t wait to dive into the world of massive growth with him. So, without further ado, let’s jump right into it! Key Takeaways: 00:00:00 Intro00:03:12 How to handle such massive growth 00:07:23 The current market conditions + future predictions00:12:35 Shifting to a fund model 00:15:28 What’s next for Joe? 00:17:53 How to communicate with investors during volatile

EPISODE 372: Want to become financially independent as soon as possible?Today's guest will help you do just that! Meet Param Baladandapani, a radiologist from Southern California who built a multi-million dollar real estate portfolio that helped her become financially free at 41.Param is the founder and CEO of GenerationalwealthMD, where she’s helped thousands of physicians accelerate toward financial freedom through her coaching program and syndication opportunities. With over a decade of experience in long- and short-term rentals in multiple domestic and international markets, no one is better equipped to help you become financially free. Tune in! Key Takeaways: Intro (00:00)How Param made her first dollar as a kid (01:39)Param’s journey from India to the US (02:21)The moment Param realized being a physician won’t cut it (05:44)On short-term rentals and tax savings  (13:23) GenerationalwealthMD and coaching for physicians (20:11) Top 5 investing tips (25:21)Outro (30:59)—➡️ Get in touch with Param: • We

EPISODE 371: Today’s guest, the wonderful Dwan Bent-Twyford, has an incredible story to share. She started out as a broke single mother and ended up as the queen of short sales. Dwan is a professional real estate investment coach, mentor, and podcast host. She has done over 2000 successful flips and taught thousands of people how to become financially free. Dwan interviewed me for her podcast a couple of months ago, and today, I have the pleasure of interviewing her. She will go over everything you need to know about short sales in order to buy great properties at a massive discount and make A LOT of money. Her tips are priceless, so grab a paper and pen and tune in!Key Takeaways: Intro (00:00)How Dwan made her first dollar (01:52)Dwan’s background and how she got into real estate (02:14)Dwan’s business today (07:47)Short sales 101 (13:53)What drives Dwan (23:34)Top 5 investing tips (29:30)Outro (35:10)—➡️ Check out Dwan on social media:• Website: https://dwanderful.com/ • Instagram: https://www.instagram.com

EPISODE 370: If you've ever looked into passive real estate investing, you've probably come across the term syndication. But what even is real estate syndication, and why should you consider investing in it? Well, you’re in luck because today’s episode is about just that! My business partner Ben Gray and I will walk you through the basics of real estate syndication and explain how you can create a massive passive income through it. Ben and I are partners at RSN Property Group, where we have built a massive portfolio worth $831 million, so you best believe we know a thing or two about this. Tune in! Key Takeaways: Intro (00:00)What is real estate syndication? (02:51)How we structure deals (09:16)The legal matters (11:24)Benefits of investing with RSN (17:40)Outro (22:33)—➡️ Invest with RSN: https://rsnpropertygroup.com/ ➡️ Visit https://reedgoossens.com/ and:• Invest passively in multifamily real estate • Get FREE access to my 100% Passive Real Estate Investment Masterclass• Take a look at my portfolio

EPISODE 369: Is now a good time to invest in multifamily properties?Many people will tell you no, but what is the market actually like right now? And what can we expect in the coming months? Here today to answer these questions is none other than Michael Roeder. Before transitioning to real estate, Michael was a top-performing, high net worth insurance broker for a Fortune 500 company. Later, he co-founded Granite Towers Equity Group, a private real estate equity firm. Michael is the general partner on over 2500 units and about $350 million worth of assets, and he’s the host of the Keeping It Real Podcast. So, you best believe he knows a thing or two about real estate. In this episode, we discuss the multifamily market over the last 12 months, forecast what's coming in the next few months, and talk about best practices in asset management.Tune in!Key Takeaways: Intro (00:00)Mike’s first job (02:06)Transitioning into multifamily (03:56)The multifamily market in 2023 (06:52)Navigating multifamily in a chall