Today, I am bringing on my property manager Mike Heckman. He is in charge of finding all of my deals. He has been in the industry for an insane amount of time and has been through a couple of recessions and has all of the battle scars. I used to find all of my own deals, but now I use Mike and his company. They are extremely resourceful and very good at underwriting. At the end of the day, they do things just the same way that I would.
You are going to get some really good tidbits on how this […] Read more
Today is going to be a fun episode because we talk about how to fund your deals. There are a lot of little pieces to the total funding package. I’m going to give you the juicy details of how it works and how to remember everything. We’ve talked about how to find deals and make offers. Now it is time to talk about how to get funding. We will go over where to get private funding, how much of it to use, the capital stack, and more.
I am so excited about this because I love the cashflow life. When you […] Read more
Welcome to episode number six of the Multi Family Legacy podcast. Today, I am talking about believing in yourself. So often when we share our dreams with people, and they try to tell us all of the reasons why we can’t achieve them.
I want to tell you that you are worth it, and you can do whatever you put your mind to. Just keep in mind that people will let you down, so don’t let them steal your dreams. Once you accept this, people can’t hurt you with their words.
Topics on Today’s Episode:
The power of being mindful of […] Read more
Today, we are talking about offers and how to get your offer accepted by a broker. I would like to think I understand brokers, but I don’t always. I do know what gets them excited, and it is money and commissions. What they are concerned with is if you have the ability to close and how much money they are going to make. If you want to have a deal that the broker will recommend to the seller, give the broker both sides of the commission. That means not using your realtor or your real estate license for half of […] Read more