REIMastermindNetwork

Uncover the secrets to turbocharging your real estate investment (REI) journey with our latest episode featuring Joel Friedland! Dive into a wealth of knowledge as Joel demystifies industrial real estate and shares invaluable lessons from his illustrious career. 🌟 Connect with Joel Friedland! Delve into his team's impressive work at britproperties.com, and discover how they're shaping the industrial real estate landscape. 🚀 This episode is a goldmine for anyone looking to: - Understand the unique nuances of industrial vs. commercial real estate - Recognize the transformative power of mentorship in REI - Navigate the complexities of partnerships and investments with poise - Implement all-cash, no-debt strategies for a secure REI growth Joel's journey from a zealous newcomer to a seasoned mentor is not just inspiring, it's a roadmap for success in the competitive world of REI. Hear firsthand how strategic decisions and resilience paved the way for his success. 🔔 Don't miss out on more REI insights! Subscribe to our channel for a steady stream of expert advice that could be the key to unlocking your potential in the real estate market. 💡 "Investing in real estate is not just about making deals; it's about making informed decisions that stand the test of time." - Joel Friedland 🌐 SUPPORT THE SHOW by checking out our sponsors and grabbing exclusive deals tailored for our community! 👥 Join our REI Mastermind Network and connect with like-minded investors focusing on everything from strategic renovations to building generational wealth. 🎙️ Subscribe to the PODCAST for more episodes that empower your investment portfolio with proven real estate investment strategies! 💼 Are you ready to take action? Get Joel's insights on industrial properties by visiting britproperties.com and start your path to REI mastery today! Like, share, and review the podcast to support our mission of fostering generational wealth through savvy real estate investment. Together, let's build a future where financial freedom isn't just a dream—it's a reality we create through smart, strategic investments. 🌟 #RealEstateInvesting #REIMagic #Mentorship #IndustrialRealEstate #REIMastermindNetwork #InvestmentPortfolio #GenerationalWealth CHAPTERS: 0:00 - Introduction to the Channel 0:23 - Exploring Industrial Real Estate 1:15 - Joel's Journey into Industrial Real Estate 7:18 - Value of Mentorship in Business 10:24 - Entrepreneurial Mindset Shifts 13:17 - Cash-Only Real Estate Investment Strategy 18:19 - Comparing 2008 and Current Economy 22:26 - Choosing the Right Business Partner 26:00 - Types of Real Estate Deals Explained 30:15 - Decision-Making Process in Business 33:57 - Underwriting Strategies with Joel 35:48 - Debunking Real Estate Investing Myths 36:14 - Must-Read Real Estate Investment Book 36:45 - Essential Tool for Real Estate Investors 38:02 - Reflecting on Past Business Decisions 38:38 - Business Advice for Entrepreneurs 39:40 - Recap and Additional Insights RealDealCRM.com RealDealCRM is your Real Estate Investing Virtual Assistant. A Real Estate Investing CRM for Real Estate Investors created by Real Estate Investors. SMS, Stealth Voicemails, Phone, Voicemail, Funnels, and AUTOMATION in a single platform! Check out more details at RealDealCRM.com Look for REI Mastermind Network and subscribe through iTunes or your favorite podcast app! If you like what you hear please give us a rating, like, and share. It really helps the show grow. SUBSCRIBE to the PODCAST! • RSS: https://feeds.captivate.fm/reimastermind/ • Website: http://reimastermind.net • Apple Podcasts: http://bit.ly/REIApplePodcasts • Google Podcasts: http://bit.ly/REIGooglePodcasts • Spotify: http://bit.ly/REISpotify • Locals: https://reimastermindnetwork.locals.com/ • YouTube: http://bit.ly/REIYouTube • Facebook: https://www.facebook.com/REIMastermindNet • Twitter: https://twitter.com/rei_mastermind • Instagram: https://www.instagram.com/reimastermindnet SUPPORT THE SHOW! • Get Six Months of RentRedi for $1 https://app.rentredi.com/signUp/JCH191 • Join the Community on Locals! https://reimastermindnetwork.locals.com/ • Get $10 and Reduce Your Business Costs by Shopping at AppSumo: https://bit.ly/reiappsumo • Get $10 Towards Your First Purchase at Drop: https://drop.com/?referer=3DC729 "You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack

Embark on a transformative journey through the realm of ground-up real estate investing with industry titan Shannon Robnet. A seasoned builder and real estate visionary, Shannon unpacks the intricacies of constructing multifamily and industrial properties from scratch. With a legacy spanning generations, he brings a wealth of knowledge on overcoming construction hurdles, navigating financial landscapes, and capitalizing on market opportunities. 🔑 Key Takeaways: - Navigate current construction challenges with expert insights - Discover strategic approaches to underwriting and developing multifamily assets - Learn to harness market trends for sustainable real estate investment success - Create generational wealth through informed real estate strategies Connect with Shannon Robnet! Explore his robust portfolio and gain insider knowledge by visiting [ShannonRobnet.com](http://shannonrobnet.com). 🌟 Subscribe to the REI Mastermind Network! Tap into valuable resources and join a community of like-minded investors committed to building wealth through real estate. SUPPORT THE SHOW! Your engagement fuels our mission. Like, share, and review to help us empower more investors on their path to success. 🎟️ Get your ticket to the next level of real estate mastery by attending the Multifamily Mastermind conference. Unlock the door to advanced investment strategies and network with industry leaders. Join the Community of visionaries and start crafting your legacy in real estate today. 📈 Dive deeper into strategic renovations, market analyses, and crafting a robust investment portfolio that stands the test of time. "Don't wait to buy real estate. Buy real estate and wait." - Shannon Robnet Embrace the wisdom from a real estate investor who has not only built a foundation but has also paved the way for countless others to construct their investment dreams. Subscribe now and transform the blueprint of your financial future! CHAPTERS: 0:00 - Introduction to Ground-Up Development 1:01 - Shannon's Entry into Development 2:02 - Impact of COVID on Construction Costs 3:04 - Underwriting Ground-Up Projects 9:54 - Aligning Contractors with Budget Goals 14:55 - Common Investor Mistakes to Avoid 18:24 - Comparing Current and Past Economic Challenges 20:15 - Identifying Current Market Opportunities 22:16 - Targeting Attractive Real Estate Markets 25:39 - Rapid Fire Q&A Segment 29:34 - Essential Business and Life Tips 30:20 - Uncovered Topics with Shannon RealDealCRM.com RealDealCRM is your Real Estate Investing Virtual Assistant. A Real Estate Investing CRM for Real Estate Investors created by Real Estate Investors. SMS, Stealth Voicemails, Phone, Voicemail, Funnels, and AUTOMATION in a single platform! Check out more details at RealDealCRM.com Look for REI Mastermind Network and subscribe through iTunes or your favorite podcast app! If you like what you hear please give us a rating, like, and share. It really helps the show grow. SUBSCRIBE to the PODCAST! • RSS: https://feeds.captivate.fm/reimastermind/ • Website: http://reimastermind.net • Apple Podcasts: http://bit.ly/REIApplePodcasts • Google Podcasts: http://bit.ly/REIGooglePodcasts • Spotify: http://bit.ly/REISpotify • Locals: https://reimastermindnetwork.locals.com/ • YouTube: http://bit.ly/REIYouTube • Facebook: https://www.facebook.com/REIMastermindNet • Twitter: https://twitter.com/rei_mastermind • Instagram: https://www.instagram.com/reimastermindnet SUPPORT THE SHOW! • Get Six Months of RentRedi for $1 https://app.rentredi.com/signUp/JCH191 • Join the Community on Locals! https://reimastermindnetwork.locals.com/ • Get $10 and Reduce Your Business Costs by Shopping at AppSumo: https://bit.ly/reiappsumo • Get $10 Towards Your First Purchase at Drop: https://drop.com/?referer=3DC729 "You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack

Dreaming of ditching your 9-5 for the freedom of real estate investing? 🏡✨ Eric Brewer, a seasoned REI pro, joins us to share his hard-earned wisdom on transitioning from a day job to building a thriving investment portfolio. With Eric's Instagram @EricBrewerInvest as your go-to resource, you'll be equipped with real strategies that pave the way to success. In this enlightening conversation, Eric dissects the myths of REI, revealing that flexibility and success require strategic planning and a business mindset. He stresses the importance of defining your 'why' in real estate and aligns it with actionable steps to avoid disappointment and truly achieve generational wealth. Want more? Connect with Eric Brewer for deeper insights into real estate investment strategy! 🌟 Here's what you'll gain from tuning in: - Understanding the true nature of real estate investing beyond the glitz - Transitioning from solo efforts to building and leveraging a powerful team - Identifying tasks that fuel growth and those that are holding you back - Establishing a sustainable business that transcends active involvement Don't miss this chance to transform your perspective on REI and take tangible steps toward your goals. Subscribe, like, and share this knowledge-packed episode – let's build a community of savvy investors together! Support the show and your journey to financial freedom by checking out our sponsor deals designed for aspiring investors like you. Get exclusive access by going to our special links provided here. Join the REI Mastermind Network today and become part of a movement that champions strategic renovations and creates legacies one property at a time. "Real estate investing - where hard work meets opportunity to forge lasting wealth." 🚀 Remember to review our podcast, subscribe for more content, and embark on a path that could redefine your life's work. Your real estate investing success story starts now! CHAPTERS: 0:00 - Introduction to Channel 0:19 - Real Estate Investing Basics 3:06 - Business Approach to Real Estate 9:36 - Real Estate Time Management Strategies 14:07 - Hiring Tips for Real Estate Business 17:38 - Managing a Real Estate Team 23:10 - Overcoming Real Estate Doubts 27:45 - Debunking Real Estate Investing Myths 28:38 - Real Estate Investment Book Tips 30:52 - Advice to Younger Self on Real Estate 31:53 - Real Estate Business Improvement Tip 32:48 - Additional Real Estate Insights RealDealCRM.com RealDealCRM is your Real Estate Investing Virtual Assistant. A Real Estate Investing CRM for Real Estate Investors created by Real Estate Investors. SMS, Stealth Voicemails, Phone, Voicemail, Funnels, and AUTOMATION in a single platform! Check out more details at RealDealCRM.com Look for REI Mastermind Network and subscribe through iTunes or your favorite podcast app! If you like what you hear please give us a rating, like, and share. It really helps the show grow. SUBSCRIBE to the PODCAST! • RSS: https://feeds.captivate.fm/reimastermind/ • Website: http://reimastermind.net • Apple Podcasts: http://bit.ly/REIApplePodcasts • Google Podcasts: http://bit.ly/REIGooglePodcasts • Spotify: http://bit.ly/REISpotify • Locals: https://reimastermindnetwork.locals.com/ • YouTube: http://bit.ly/REIYouTube • Facebook: https://www.facebook.com/REIMastermindNet • Twitter: https://twitter.com/rei_mastermind • Instagram: https://www.instagram.com/reimastermindnet SUPPORT THE SHOW! • Get Six Months of RentRedi for $1 https://app.rentredi.com/signUp/JCH191 • Join the Community on Locals! https://reimastermindnetwork.locals.com/ • Get $10 and Reduce Your Business Costs by Shopping at AppSumo: https://bit.ly/reiappsumo • Get $10 Towards Your First Purchase at Drop: https://drop.com/?referer=3DC729 "You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - JD

🤑 Unlock the secrets to financial freedom with real estate investing! At just 29, our guest David Leo, from Deal Machine and the REI podcast, shares his journey to becoming a rental property mogul. Dive into how dedication, a problem-solving mindset, and strategic property management led him to achieve an impressive portfolio of cash-flowing assets. 🏡 💡 Learn from David's expertise on: - The power of entrepreneurship in real estate - Overcoming challenges in finding profitable properties - Leveraging technology to streamline the "driving for dollars" process - Building a successful software solution for investors - Tips for new investors to overcome analysis paralysis 🚀 Connect with David Leo! Find him on most social media platforms @DLeoLCKO and subscribe to the Deal Machine REI podcast for more insights. 💥 Real estate investing is more than just a path to wealth; it's a journey to generational freedom. Subscribe for more empowering stories and strategies from top investors. SUPPORT THE SHOW by sharing this video with fellow investors and exploring the links provided for exclusive sponsor offers and community engagement. 🔗 Join the Community for strategic renovations and robust investment portfolios. Get the tools you need to build generational wealth by going to [Link]. ✨ "Success in real estate doesn't come from chasing multiple dreams at once, but from a laser-focus on one goal at a time." - David Leo Remember to leave a review if you've gained value from this episode, and let's keep building wealth together! 🌟 [End of Description] CHAPTERS: 0:00 - Introduction to the Channel 0:28 - David's Entry into Real Estate 4:28 - DealMachine's Company History 6:54 - Training AI for Real Estate 7:34 - Focus Strategies for Entrepreneurs 9:33 - Maintaining Long-Term Partnerships 12:29 - Navigating Tough Partner Discussions 15:35 - Current Real Estate Market Trends 17:28 - Explaining Wholesaling in Real Estate 18:59 - DealMachine's Standout Feature 20:31 - Overcoming Real Estate Startup Hurdles 21:40 - Strategies for Finding Real Estate Buyers 25:38 - Personal Self-Deceptions 27:44 - Must-Read Real Estate Book 29:25 - Essential Tools for Real Estate Success 31:18 - Managing Business Downturns 33:10 - Lessons for Younger Entrepreneurs 35:06 - Tips to Boost Your Real Estate Business 36:00 - Additional Real Estate Insights 36:18 - Conclusion and Podcast Information RealDealCRM.com RealDealCRM is your Real Estate Investing Virtual Assistant. A Real Estate Investing CRM for Real Estate Investors created by Real Estate Investors. SMS, Stealth Voicemails, Phone, Voicemail, Funnels, and AUTOMATION in a single platform! Check out more details at RealDealCRM.com Look for REI Mastermind Network and subscribe through iTunes or your favorite podcast app! If you like what you hear please give us a rating, like, and share. It really helps the show grow. SUBSCRIBE to the PODCAST! • RSS: https://feeds.captivate.fm/reimastermind/ • Website: http://reimastermind.net • Apple Podcasts: http://bit.ly/REIApplePodcasts • Google Podcasts: http://bit.ly/REIGooglePodcasts • Spotify: http://bit.ly/REISpotify • Locals: https://reimastermindnetwork.locals.com/ • YouTube: http://bit.ly/REIYouTube • Facebook: https://www.facebook.com/REIMastermindNet • Twitter: https://twitter.com/rei_mastermind • Instagram: https://www.instagram.com/reimastermindnet SUPPORT THE SHOW! • Get Six Months of RentRedi for $1 https://app.rentredi.com/signUp/JCH191 • Join the Community on Locals! https://reimastermindnetwork.locals.com/ • Get $10 and Reduce Your Business Costs by Shopping at AppSumo: https://bit.ly/reiappsumo • Get $10 Towards Your First Purchase at Drop: https://drop.com/?referer=3DC729 "You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack

Join the conversation with Matt Shields, a trailblazer in real estate investing and digital transformation, as he uncovers invaluable insights into maximizing ROI through strategic innovations. With years of experience flipping houses, managing multifamily assets, and spearheading digital solutions, Matt brings a wealth of knowledge to the table that you don't want to miss. In this must-watch episode, Matt delves into: 🔹 The essence of digital transformation for real estate businesses 🔹 How to streamline processes for maximum efficiency and growth 🔹 The synergy between digital prowess and real estate investment strategy 🔹 Building generational wealth through informed real estate decisions 🌟 Connect with Matt Shields! 🌟 Learn more about Matt's approach to real estate investing and digital innovation by visiting [investinginsquarefeet.com](http://investinginsquarefeet.com). 📈 Subscribe to the REI Mastermind Network! 📈 Don't miss out on expert tips and strategies to elevate your investment portfolio. [Subscribe now!](http://subscribe.reimastermindnetwork.com) 🎙️ SUPPORT THE SHOW! 🎙️ Share this video with fellow investors and leave us a review. Your support helps us bring more expert insights to you! 🏠 Get your free guide on strategic renovations by going to [link]. Join the Community and start building your wealth today! 💡 "Investing in real estate is not about the property; it's about the potential." - Matt Shields Remember to 👍 Like, ✅ Subscribe, and 🔔 Share this video to spread the knowledge that can transform your real estate investment journey! #RealEstateInvesting #DigitalTransformation #MaximizeROI #MultifamilyInvesting #RealEstateInvestor #InvestmentPortfolio #REIMastermindNetwork #GenerationalWealth CHAPTERS: 0:00 - Matt Shields Introduction 0:32 - Digital Transformation Explained 4:18 - Documenting Business Processes 9:14 - Tech in Real Estate & Construction 15:08 - Agile Scrum in Property Investment 18:27 - Real Estate Syndication Insights 21:06 - Guiding Companies Through Digital Change 24:58 - Starting Digital Transformation 27:56 - Benefits of Project Templates 30:08 - Debunking Sqft Importance 31:42 - Recommended Reading for Entrepreneurs 32:28 - Reflecting on Business Errors 33:45 - Essential Business Tools 35:10 - Tips for Young Entrepreneurs 37:13 - Immediate Business Impact Strategies 38:20 - Additional Insights with Matt Shields RealDealCRM.com RealDealCRM is your Real Estate Investing Virtual Assistant. A Real Estate Investing CRM for Real Estate Investors created by Real Estate Investors. SMS, Stealth Voicemails, Phone, Voicemail, Funnels, and AUTOMATION in a single platform! Check out more details at RealDealCRM.com Look for REI Mastermind Network and subscribe through iTunes or your favorite podcast app! If you like what you hear please give us a rating, like, and share. It really helps the show grow. SUBSCRIBE to the PODCAST! • RSS: https://feeds.captivate.fm/reimastermind/ • Website: http://reimastermind.net • Apple Podcasts: http://bit.ly/REIApplePodcasts • Google Podcasts: http://bit.ly/REIGooglePodcasts • Spotify: http://bit.ly/REISpotify • Locals: https://reimastermindnetwork.locals.com/ • YouTube: http://bit.ly/REIYouTube • Facebook: https://www.facebook.com/REIMastermindNet • Twitter: https://twitter.com/rei_mastermind • Instagram: https://www.instagram.com/reimastermindnet SUPPORT THE SHOW! • Get Six Months of RentRedi for $1 https://app.rentredi.com/signUp/JCH191 • Join the Community on Locals! https://reimastermindnetwork.locals.com/ • Get $10 and Reduce Your Business Costs by Shopping at AppSumo: https://bit.ly/reiappsumo • Get $10 Towards Your First Purchase at Drop: https://drop.com/?referer=3DC729 "You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack

🚀 Join us as Joey Murray unlocks the secrets to doubling success in Real Estate Investing (REI) and escaping the 9-5 grind! With his wealth of experience and actionable insights, Joey turns dreams of financial freedom into reality. Learn how to shift your mindset, overcome analysis paralysis, and take massive action towards building your own REI empire. 🏡 In this must-watch episode: - Discover the "Investor DNA" that aligns with your unique path to REI success. - Get inspired by real-life success stories from Joey's students. - Learn why dreaming big and setting tangible goals is key to REI achievement. - Uncover why taking control of your investments is crucial, and how to do it. - Connect with Joey and tap into invaluable resources for your REI journey! 🔗 Connect with Joey Murray! Visit [wealthwallstreet.com/reimastermind](wealthwallstreet.com/reimastermind) for exclusive access to REI resources that will catapult your investment strategy. 👥 Join the Community and surround yourself with like-minded investors aiming for generational wealth. Together, let's build strategic renovations within our investment portfolios that pave the way for lasting success. 📣 SUPPORT THE SHOW! Subscribe to our podcast, like this episode, share it with fellow investors, and leave us a stellar review. Your engagement fuels our mission to bring top-tier REI education to all. 💼 Get ahead in real estate investing by joining the REI Mastermind Network. Subscribe for cutting-edge tips and strategies that will transform your approach to multifamily assets and Section 8 investments. "Real estate investing is not just about the properties—it's about the potential. It's about the generational wealth and the lives you'll uplift along the way." – Joey Murray Don't forget to take advantage of Joey's exceptional offer. Get started by going to [wealthwallstreet.com/reimastermind](wealthwallstreet.com/reimastermind) and begin your journey to financial independence today! #RealEstateInvesting #Section8 #MultifamilyAssets #REIMastermindNetwork #GenerationalWealth CHAPTERS: 0:00 - Joey Introduction 1:02 - Military Departure Strategies 7:59 - Niche Discovery & Taking Action 12:56 - Setting a Financial Freedom Date 16:01 - Envisioning Your Ideal Life 18:54 - Rediscovering the Ability to Dream 22:41 - Identifying Your Motivational Why 24:04 - Joey's Rapid Fire Q&A 26:29 - Advice to Younger Self 30:58 - Today's Business Impact Actions 33:37 - Joey's Additional Insights 33:47 - Jack's Closing Thoughts & Connections 33:58 - Video Outro RealDealCRM.com RealDealCRM is your Real Estate Investing Virtual Assistant. A Real Estate Investing CRM for Real Estate Investors created by Real Estate Investors. SMS, Stealth Voicemails, Phone, Voicemail, Funnels, and AUTOMATION in a single platform! Check out more details at RealDealCRM.com Look for REI Mastermind Network and subscribe through iTunes or your favorite podcast app! If you like what you hear please give us a rating, like, and share. It really helps the show grow. SUBSCRIBE to the PODCAST! • RSS: https://feeds.captivate.fm/reimastermind/ • Website: http://reimastermind.net • Apple Podcasts: http://bit.ly/REIApplePodcasts • Google Podcasts: http://bit.ly/REIGooglePodcasts • Spotify: http://bit.ly/REISpotify • Locals: https://reimastermindnetwork.locals.com/ • YouTube: http://bit.ly/REIYouTube • Facebook: https://www.facebook.com/REIMastermindNet • Twitter: https://twitter.com/rei_mastermind • Instagram: https://www.instagram.com/reimastermindnet SUPPORT THE SHOW! • Get Six Months of RentRedi for $1 https://app.rentredi.com/signUp/JCH191 • Join the Community on Locals! https://reimastermindnetwork.locals.com/ • Get $10 and Reduce Your Business Costs by Shopping at AppSumo: https://bit.ly/reiappsumo • Get $10 Towards Your First Purchase at Drop: https://drop.com/?referer=3DC729 "You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack

🚀 Embrace the Skip Tracing Revolution and Transform Your Real Estate Investing Game! 🏠 David Leo returns with groundbreaking updates to Deal Machine that are set to revolutionize the real estate investment (REI) landscape. Discover the power of enhanced skip tracing, now a seamless part of the app, bringing unparalleled ease to sourcing property contacts. If you're investing heavily in skip tracing, this new functionality is a must-know! In this insightful discussion, we delve into: ▪️ The evolution of skip tracing in REI ▪️ How Deal Machine's latest features could be a game-changer for your portfolio ▪️ Insights into strategic REI and building generational wealth ▪️ The importance of simplicity and focus in successful real estate investing 🌟 Connect with David Leo to learn more about his innovative approach to real estate investing! 🌟 https://www.dealmachine.com/get-black-friday-2023 💡 Real estate investors, take note! David's experiences are invaluable for anyone looking to refine their investment strategy and grow their portfolio with multifamily assets and beyond. His journey from personal need to creating a pivotal REI tool is nothing short of inspirational. 🎙️ Subscribe to the REI Mastermind Network podcast for more exclusive content and expert insights into the world of real estate investing. Don't miss out on the wisdom shared here! 🙌 SUPPORT THE SHOW by exploring our sponsor deals designed to boost your investing success. Get fantastic offers by visiting our sponsor links today! 🏡 Join the Deal Machine Community to take advantage of the revolutionary features and start your journey towards generational wealth. Remember, strategic renovations and smart investing are the keys to long-term success. 🎉 Get the Black Friday offer at dealmachine.com and unlock the full potential of your real estate investment strategy with Deal Machine's innovative solutions! "If you want to go fast, go alone. If you want to go far, go together." – Embrace community and technology to propel your real estate journey. 🚀 👍 Like, share, and subscribe for more updates on the transformative world of REI. Your support helps us empower more investors like you! 📈 #RealEstateInvesting #SkipTracing #REIGameChanger #DealMachine #InvestmentPortfolio #REIMastermindNetwork #GenerationalWealth #FixAndFlip #RealEstateApp #DiscountedProperties #Wholesaling #SkipTracing CHAPTERS: 0:00 - Intro to DealMachine Updates 0:05 - DealMachine Major Announcement 3:23 - Feature Decision Process at DealMachine 9:28 - Embracing Simplicity in DealMachine 11:39 - Maintaining Team Focus at DealMachine 14:32 - Strategies for Personal Focus 18:21 - Future Developments in DealMachine 20:23 - DealMachine Black Friday Special 21:14 - iOS 15 Update Impact on Apps 21:18 - Conclusion of DealMachine Insights RealDealCRM.com RealDealCRM is your Real Estate Investing Virtual Assistant. A Real Estate Investing CRM for Real Estate Investors created by Real Estate Investors. SMS, Stealth Voicemails, Phone, Voicemail, Funnels, and AUTOMATION in a single platform! Check out more details at RealDealCRM.com Look for REI Mastermind Network and subscribe through iTunes or your favorite podcast app! If you like what you hear please give us a rating, like, and share. It really helps the show grow. SUBSCRIBE to the PODCAST! • RSS: https://feeds.captivate.fm/reimastermind/ • Website: http://reimastermind.net • Apple Podcasts: http://bit.ly/REIApplePodcasts • Google Podcasts: http://bit.ly/REIGooglePodcasts • Spotify: http://bit.ly/REISpotify • Locals: https://reimastermindnetwork.locals.com/ • YouTube: http://bit.ly/REIYouTube • Facebook: https://www.facebook.com/REIMastermindNet • Twitter: https://twitter.com/rei_mastermind • Instagram: https://www.instagram.com/reimastermindnet SUPPORT THE SHOW! • Get Six Months of RentRedi for $1 https://app.rentredi.com/signUp/JCH191 • Join the Community on Locals! https://reimastermindnetwork.locals.com/ • Get $10 and Reduce Your Business Costs by Shopping at AppSumo: https://bit.ly/reiappsumo • Get $10 Towards Your First Purchase at Drop: https://drop.com/?referer=3DC729 "You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack

Agostino Pintus shares his vision and strategies on building a $350-Million Real Estate portfolio. Agostino is a seasoned professional in the business world, known for his knack for deals and fearlessness when it comes to pursuing success. Starting out, a deal worth over $1,000,000 was enough to send shivers down his spine. However, as time went on, his confidence grew, and he now finds himself unphased by such figures. His focus has shifted towards lease deals, as they hold the key to reaching his intended goal of helping others. Agostino is driven by a genuine desire to make a positive impact on people's lives and is determined to achieve his mission. Connect with Agostino Pintus: https://bulletproofcashflow.com/ TIMESTAMPS 00:00 reimastermind.net 01:48 Build massive structure for lasting legacy. 05:25 Mouse pulls harder for cheese, gets trapped. 09:19 Successful individual enables positive impact, not scam. 12:17 Accidental discovery leads to vision board success. 13:51 Entering market made sense, on upswing. 16:15 Monthly returns provide steady income for investors. 19:25 Coaching helps clueless buyers in real estate. 23:18 "Real estate and corporate experience, watch partnerships." 27:30 Partnership and helping others achieve goals. 30:07 Bulletproofcashflow.com - refreshing team and mindset. Acquiring with strategy and numbers that add up. Rapid fire questions at the end. 35:07 Engineering route, real estate, skip corporate. 36:16 Choose partner wisely, provide feedback, don't be an asshole. Look for REI Mastermind Network and subscribe through iTunes or your favorite podcast app! If you like what you hear please give us a rating, like, and share. It really helps the show grow. SUBSCRIBE to the PODCAST! • RSS: https://feeds.captivate.fm/reimastermind/ • Website: http://reimastermind.net • Apple Podcasts: http://bit.ly/REIApplePodcasts • Google Podcasts: http://bit.ly/REIGooglePodcasts • Spotify: http://bit.ly/REISpotify • Locals: https://reimastermindnetwork.locals.com/ • YouTube: http://bit.ly/REIYouTube • Facebook: https://www.facebook.com/REIMastermindNet • Twitter: https://twitter.com/rei_mastermind • Instagram: https://www.instagram.com/reimastermindnet SUPPORT THE SHOW! • Get a 14 Day Free Trial at RealDealCRM.com • Get Six Months of RentRedi for $1 https://app.rentredi.com/signUp/JCH191 • Join the Community on Locals! https://reimastermindnetwork.locals.com/ • Get $10 and Reduce Your Business Costs by Shopping at AppSumo: https://bit.ly/reiappsumo • Get $10 Towards Your First Purchase at Drop: https://drop.com/?referer=3DC729 "You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - JD

Greg Butcher is an experienced investor in real estate, specializing in multifamily investing and has identified the essential KPIs and Reports needed for proper Asset Management. He began his real estate journey by investing in single-family homes, but after discovering the potential of multifamily real estate and syndications, he decided to expand his knowledge and investment strategy. Nine years ago, Greg joined a multifamily mentoring and educational program, just as he was retiring from active duty. During his first year in the program, he invested as a passive limited partner to learn the ins and outs of underwriting. In 2016, Greg took on a role as a general partner and successfully closed his first deal. With his expertise and dedication to the real estate industry, Greg continues to thrive as an investor in the multifamily market. Connect with Greg Butcher: https://bit.ly/kpichecklist TIMESTAMPS: 00:00:00 reimastermind.net 00:02:37 Telework job balanced retirement duties, no distractions. 00:05:44 Leasing KPIs, marketing channels, spend, leads, effectiveness. 00:09:59 Size of profit management company, apartment assets, units, regional properties, overhead support. 00:10:43 Limitations in support from corporate; midsize property management companies provide more support; having in-house maintenance staff is cost-effective; deep accounting department is crucial for renovation projects. 00:14:10 Expensive renovation required deep financial reserves. 00:17:14 Remote work help them find real estate. 00:23:27 Limited tenant issues, varies based on property. 00:26:13 Consider syndication in commercial real estate, self-storage. 00:27:19 KPI report checklist outlines important asset management goals. Look for REI Mastermind Network and subscribe through iTunes or your favorite podcast app! If you like what you hear please give us a rating, like, and share. It really helps the show grow. SUBSCRIBE to the PODCAST! • RSS: https://feeds.captivate.fm/reimastermind/ • Website: http://reimastermind.net • Apple Podcasts: http://bit.ly/REIApplePodcasts • Google Podcasts: http://bit.ly/REIGooglePodcasts • Spotify: http://bit.ly/REISpotify • Locals: https://reimastermindnetwork.locals.com/ • YouTube: http://bit.ly/REIYouTube • Facebook: https://www.facebook.com/REIMastermindNet • Twitter: https://twitter.com/rei_mastermind • Instagram: https://www.instagram.com/reimastermindnet SUPPORT THE SHOW! • Get Six Months of RentRedi for $1 https://app.rentredi.com/signUp/JCH191 • Join the Community on Locals! https://reimastermindnetwork.locals.com/ • Get $10 and Reduce Your Business Costs by Shopping at AppSumo: https://bit.ly/reiappsumo • Get $10 Towards Your First Purchase at Drop: https://drop.com/?referer=3DC729 "You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - JD

Full Episode @reimastermind SUBSCRIBE! Jim Oliver is a successful entrepreneur with a passion for owning businesses passively. His simple formula for success is to hire exceptional people, overpay them, and give them the opportunity to become owners themselves. Jim recently implemented this strategy with a trash company he co-owns with his partner Nick Costco, where they found the right individual and are overpaying him in the beginning with the opportunity to earn up to 20% ownership. With this person now acting like an owner, Jim is free to pursue other business opportunities and replicate this successful model.

Full Episode @reimastermind Welcome back to the REI Mastermind Network! In today's episode, titled "The Power of Negotiation," we have a special guest joining us, Felecia Froe. Felecia shares her insights on negotiation, drawing upon a book that has had a profound impact on her, "Never Split the Difference" by Chris Voss. This book, as Felecia describes, is not only an easy read but also provides valuable lessons on negotiation in various aspects of our lives. Whether you're a stay-at-home parent or a working professional, negotiation is a skill we all use on a daily basis. Felecia encourages us to approach negotiation intentionally and with a sense of awareness, highlighting the incredible value that this book offers. So, let's dive in and discover the amazing power of negotiation together! Stay tuned. Primary Topic: The Power of Negotiation - Introduction to the book "Never Split the Difference" by Chris Voss - The ease of reading the book and its value in teaching negotiation skills - The misconception that negotiation is only relevant in certain situations - The universality of negotiation in everyday life - Examples of negotiating scenarios in different roles (stay at home mom, stay at home dad, different work environments) - The importance of intentional and conscious negotiation - The transformative nature of the book's teachings on negotiation

Check out the full episode @reimastermind Welcome back to the REI Mastermind Network! In today's episode, we have a special guest, Felecia Froe, who is talking about the power of investing for impact. She introduces us to a company called Philanthro Investors and their mission to create a movement where people invest their capital and time into projects and companies that are truly making a difference. Join us as we dive into the world of impact investing and discover how we can align our investments with our values. Get ready to be inspired! Primary Topic: Investing for Impact - Definition of investing for impact - Importance of investing for impact in creating positive change - Introduction to Philanthro Investors and their mission Sub-topics: 1. Definition of investing for impact - Explaining the concept of investing capital and time into projects and companies that make a difference - Contrasting it with traditional investing practices focused solely on financial returns 2. Importance of investing for impact in creating positive change - Highlighting the role of investing in driving social, environmental, and economic initiatives - Discussing the potential to address critical issues such as climate change, poverty, and inequality through intentional investments 3. Introduction to Philanthro Investors and their mission - Providing background information on Philanthro Investors and their objectives - Describing the organization's focus on identifying and supporting companies that have a measurable impact - Differentiating Philanthro Investors from other ESG-based investment approaches

Welcome to another episode of the REI Mastermind Network, where we bring you the latest insights and stories from the world of real estate investing. In today's episode, we have the pleasure of welcoming our guest, Felecia Froe, who has a wealth of knowledge and experience in raising funds for impactful projects. Felecia's journey began at a conference where she made a personal connection that would shape her future endeavors. As an investor, she understands the importance of building relationships face-to-face and leveraging her connections to introduce women investors to trustworthy opportunities. During our conversation, Felecia shares her passion for making a difference in the lives of many through her focus on areas like grocery stores, indoor controlled farming, and working closely with farmers. She emphasizes the significance of regenerative farming in improving soil quality and providing nutritious food, while also reducing carbon footprint and water issues. Felecia's mission is to bring fresh, locally grown produce to underserved communities, like the food desert area she encountered in Tulsa, Oklahoma. But it doesn't stop there. Felecia delves into the connection between food and health, sharing her personal experience of how eating better led to a decrease in her medication. She firmly believes that food is medicine and that access to healthy food can prevent and address many medical issues. Join us as we explore Felecia's invaluable insights into investing with a purpose, building meaningful projects and companies, and overcoming challenges to create positive change. Get ready for an episode that will inspire and motivate you to invest your capital and time into projects that truly matter. Let's dive in! Connect with Felicia Froe: https://moneywithmission.com/ TIMESTAMPS 00:00:00 reimastermind.net 00:02:17 Friend suggests reading "Rich Dad, Poor Dad". Friend helps with first purchase, making it risk-free. 00:06:34 Decided to leave, driven to help women. 00:09:04 Smaller home, better care for elderly. 00:14:11 Guy asked me to help raise funds. 00:16:19 Nutrition's importance: medicine, food, expensive, fat. 00:18:40 Challenging profits hinder healthy grocery store options. 00:22:35 Profit motive driving effective community involvement. 00:26:26 Lesson learned: don't be undercapitalized, overcome challenges. 00:28:42 Outsource tasks that aren't your strengths. Look for REI Mastermind Network and subscribe through iTunes or your favorite podcast app! If you like what you hear please give us a rating, like, and share. It really helps the show grow. SUBSCRIBE to the PODCAST! • RSS: https://feeds.captivate.fm/reimastermind/ • Website: http://reimastermind.net • Apple Podcasts: http://bit.ly/REIApplePodcasts • Google Podcasts: http://bit.ly/REIGooglePodcasts • Spotify: http://bit.ly/REISpotify • Locals: https://reimastermindnetwork.locals.com/ • YouTube: http://bit.ly/REIYouTube • Facebook: https://www.facebook.com/REIMastermindNet • Twitter: https://twitter.com/rei_mastermind • Instagram: https://www.instagram.com/reimastermindnet SUPPORT THE SHOW! • Get Six Months of RentRedi for $1 https://app.rentredi.com/signUp/JCH191 • Join the Community on Locals! https://reimastermindnetwork.locals.com/ • Get $10 and Reduce Your Business Costs by Shopping at AppSumo: https://bit.ly/reiappsumo • Get $10 Towards Your First Purchase at Drop: https://drop.com/?referer=3DC729 "You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - JD

SUBSCRIBE @reimastermind Ryan Barone is a firm believer in taking action and adapting along the way. He understands that having a good enough plan is sufficient to get started and that being flexible enough to make changes based on customer feedback is crucial. Whether it's developing a product or service or renting out a unit, Ryan knows that waiting for the perfect plan or deal can hinder progress. By keeping an open mind and starting the work, he has found that this approach allows him to achieve significant growth and success at a faster pace. Key Topics and Bullets: The importance of having a plan - A plan is necessary, but it doesn't have to be perfect - A good enough plan is sufficient to get started - Being flexible and open to feedback is crucial Taking action - Starting to work on the plan is more important than waiting for perfection - Taking action can lead to faster progress and results Adaptability - Being open-minded and receptive to feedback - Adjusting the plan based on customer or buyer feedback - Changing course as needed to achieve success

SUBSCRIBE @reimastermind Ryan Barone is a highly knowledgeable expert in the field of independent landlord segment. He is the brains behind the monthly report that sheds light on rent collection trends across the United States. This comprehensive report has become an invaluable resource for landlords looking to gain insights into the performance of rental properties in their target areas. Ryan's work has also caught the attention of policy makers, as it highlights the lack of regulations tailored to the independent investor market. In particular, his report has revealed the distinct impact of COVID on dependent landlords compared to larger property management companies. Ryan's expertise and dedication to providing valuable information have positioned him as a respected authority in the rental industry. Primary Topic: Monthly Rent Collection Report - Purpose of the report: To provide insights on overall rent collection across the US for independent landlords - Benefits of the report: - Helps landlords understand how things are going in their desired investment areas - Provides information for policy considerations - Lack of policy regulation for the independent landlord market - Interest in the report from different stakeholders: - Landlords find it helpful for understanding rent collection trends - Policy makers are interested in understanding the impact of COVID on independent landlords compared to larger property management companies

Ryan Barone is the founder and CEO of RentRedi, an end-to-end management platform for landlords and tenants. The journey began when Barone realized that the rental industry needed improvement, not just for tenants, but also for independent landlords. After interacting with them and hearing their struggles, he decided to create a solution that would benefit both sides. Rent Ready was born out of Barone's desire to make renting easier and more efficient for landlords and tenants alike. Over the past 6 or 7 years, Rent Ready has constantly evolved, with each feature or enhancement rooted in the real-life experiences and challenges faced by landlords. From applications and prequalifying tenants to signing leases and collecting rent, Rent Ready streamlines and manages the entire rental process. What started as a personal problem-solving quest for Barone has now become a comprehensive platform that improves the rental experience for everyone involved. Connect with Ryan Barone: https://app.rentredi.com/signUp/JCH191 (sponsored link) TIMESTAMPS 00:00:00 reimastermind.net 00:02:15 Landlords sought better experience for themselves and tenants. 00:05:06 Automated payments, credit reporting, and improved features. 00:08:55 Partnerships emerge from customer feedback and need. 00:11:49 Comparing property strategies, gathering feedback, and collaboration. 00:14:34 Start with a good enough plan. 00:16:27 Shandon Economics partners with real estate firm. 00:20:51 Successful partnership integrates landlord accounting with Rent Ready. 00:22:53 Real estate technology improves property management efficiency. 00:26:13 Build, measure, learn - key to success. Look for REI Mastermind Network and subscribe through iTunes or your favorite podcast app! If you like what you hear please give us a rating, like, and share. It really helps the show grow. SUBSCRIBE to the PODCAST! • RSS: https://feeds.captivate.fm/reimastermind/ • Website: http://reimastermind.net • Apple Podcasts: http://bit.ly/REIApplePodcasts • Google Podcasts: http://bit.ly/REIGooglePodcasts • Spotify: http://bit.ly/REISpotify • Locals: https://reimastermindnetwork.locals.com/ • YouTube: http://bit.ly/REIYouTube • Facebook: https://www.facebook.com/REIMastermindNet • Twitter: https://twitter.com/rei_mastermind • Instagram: https://www.instagram.com/reimastermindnet SUPPORT THE SHOW! • Get Six Months of RentRedi for $1 https://app.rentredi.com/signUp/JCH191 • Join the Community on Locals! https://reimastermindnetwork.locals.com/ • Get $10 and Reduce Your Business Costs by Shopping at AppSumo: https://bit.ly/reiappsumo • Get $10 Towards Your First Purchase at Drop: https://drop.com/?referer=3DC729 "You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - JD

LIKE & SUBSCRIBE! @reimastermind Deji Hambolu is an expert in leveraging artificial intelligence (AI) and automation to maximize efficiency in various business processes. His keen eye for opportunity has led him to witness the power of AI in lead generation, where a majority of the tasks are now performed through automation. By utilizing automation, Deji believes that businesses can significantly reduce the occurrence of errors in their advertising, campaigns, outreach, and conversions. With a strong belief in the potential of AI and automation, he constantly seeks ways to optimize processes and improve overall productivity. Full Episode @reimastermind Key Topics and Bullets: Automation in Real Estate - Lead generation with artificial intelligence - Reduction of mistakes in ad campaigns and outreach through automation - Leveraging AI and automation for increased efficiency Automation in Follow-Up Process - Using automation for follow-up processes in real estate - Benefits of automating follow-up, such as dropping voicemails or sending texts - Increased efficiency and effectiveness in nurturing potential leads over time

Welcome back to the REI Mastermind Network! In this episode, we have an incredible guest joining us, Deji Hambolu. With a background in enterprise and a transition into real estate, Deji has an impressive story to share. Juggling a part-time real estate venture while working at Coca Cola, they were able to educate themselves and search for properties during their "5 to 9." Leveraging their experience as a project manager in the corporate world, Deji excels in communication and team engagement skills. We dive into their interest in the Atlanta and Texas markets, particularly Dallas and Houston, which share similarities in immigration and limited housing availability. These areas have high production and demand, especially for affordable housing. Deji is on the lookout for value-add deals, specifically "lift fix flips" that don't require extensive renovation. They share their strategies for finding properties and forming partnerships, utilizing social media and word-of-mouth. But it doesn't stop there. Deji's mission is to help others succeed in real estate investing. They have already helped 57 people this year, assisting them in acquiring their first or next investment property. They focus on educating individuals on setting up LLCs correctly, developing the right business structure, and improving credit scores. Join us as Deji shares their unconventional journey in real estate and the importance of choosing the right people to work with. We discuss due diligence for property managers and the impact of conflicts of interest. Plus, Deji reveals their unique approach to help anyone overcome credit hurdles and achieve their real estate goals. You won't want to miss this enlightening episode. Let's dive in! Connect with Deji Hambolu: https://dejihambolu.com/ Look for REI Mastermind Network and subscribe through iTunes or your favorite podcast app! If you like what you hear please give us a rating, like, and share. It really helps the show grow. SUBSCRIBE to the PODCAST! • RSS: https://feeds.captivate.fm/reimastermind/ • Website: http://reimastermind.net • Apple Podcasts: http://bit.ly/REIApplePodcasts • Google Podcasts: http://bit.ly/REIGooglePodcasts • Spotify: http://bit.ly/REISpotify • Locals: https://reimastermindnetwork.locals.com/ • YouTube: http://bit.ly/REIYouTube • Facebook: https://www.facebook.com/REIMastermindNet • Twitter: https://twitter.com/rei_mastermind • Instagram: https://www.instagram.com/reimastermindnet SUPPORT THE SHOW! • Get Six Months of RentRedi for $1 https://app.rentredi.com/signUp/JCH191 • Join the Community on Locals! https://reimastermindnetwork.locals.com/ • Get $10 and Reduce Your Business Costs by Shopping at AppSumo: https://bit.ly/reiappsumo • Get $10 Towards Your First Purchase at Drop: https://drop.com/?referer=3DC729 "You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - JD

Stewart Heath is a driven and ambitious individual who has always operated at an accelerated pace. His journey in real estate began in 2000 when he started with just one duplex rental property. Within a remarkably short span of 6 to 9 months, Stewart had already acquired 14 duplexes. Fueled by his rapid success, he transitioned into building houses, with some designed for renting out and others for selling. As his experience grew, Stewart ventured into renovating condominiums, and his business expanded rapidly. However, during this process of managing various projects, he realized that residential housing did not align with his interests and aspirations. Nevertheless, he remained open to exploring multifamily deals and has yet to syndicate one. Stewart Heath exemplifies a dynamic and entrepreneurial spirit, constantly seeking new opportunities and challenges within the real estate industry. Despite his preference for non-residential ventures, his success is a testament to his drive and ability to adapt to different market demands. Connect with Stewart Heath: https://harvardgracecapital.com/ TIMESTAMPS 00:00:00 reimastermind.net 00:02:04 Wired's recent acquisition: RV and boat storage. 00:03:16 Long-term relationships and leases, avoiding yearly reselling. 00:07:27 Lease rates are favorable despite competition. 00:12:45 Exploring diverse markets within an hour. 00:13:33 Focus on specialty asset class like storage. 00:19:21 Underwriting is key in any economic climate. We prioritize cash flow for property investments. Development and flipping have higher risks. 00:23:01 80% bonus depreciation + shorter life reclassification = tax benefits, cash, deductible losses. Investors getting 10% cash on cash return. 00:24:02 Real estate tax benefits outweigh appreciation. Original asset class, not alternative. Profitable investment opportunity, pursue it. 00:27:53 Build trust by engaging in personal relationships. Look for REI Mastermind Network and subscribe through iTunes or your favorite podcast app! If you like what you hear please give us a rating, like, and share. It really helps the show grow. SUBSCRIBE to the PODCAST! • RSS: https://feeds.captivate.fm/reimastermind/ • Website: http://reimastermind.net • Apple Podcasts: http://bit.ly/REIApplePodcasts • Google Podcasts: http://bit.ly/REIGooglePodcasts • Spotify: http://bit.ly/REISpotify • Locals: https://reimastermindnetwork.locals.com/ • YouTube: http://bit.ly/REIYouTube • Facebook: https://www.facebook.com/REIMastermindNet • Twitter: https://twitter.com/rei_mastermind • Instagram: https://www.instagram.com/reimastermindnet SUPPORT THE SHOW! • Get Six Months of RentRedi for $1 https://app.rentredi.com/signUp/JCH191 • Join the Community on Locals! https://reimastermindnetwork.locals.com/ • Get $10 and Reduce Your Business Costs by Shopping at AppSumo: https://bit.ly/reiappsumo • Get $10 Towards Your First Purchase at Drop: https://drop.com/?referer=3DC729 "You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - JD

Dustin Serviss, a financial advisor with a unique perspective, recognizes the importance of leisure spending, health, and relationships that are often overlooked in the field. Through his observations, Dustin has noticed a common trend among older clients who have dedicated their lives to hard work and business, sacrificing hobbies and social connections in the process. As they reach a point of selling their businesses and their children moving out, they find themselves longing to rekindle their lost passions and friendships. However, stepping out of their comfort zones becomes a daunting task, particularly in their later years. Even at the age of 41, Dustin understands the challenges of creating new routines and forming new relationships, but emphasizes the necessity of doing so to avoid a future of wealth but loneliness. With a holistic approach to financial advice, Dustin encourages his clients to allocate resources towards activities they enjoy and to invest time in nurturing meaningful connections with loved ones. Through his guidance, Dustin strives to help individuals achieve not only financial security but also a fulfilling and well-rounded life. Full episode @reimastermind Key Topics and Bullets: Leisure Spending and its Importance - Lack of emphasis on leisure spending by financial advisors - Observed infatuation with hard work and neglect of hobbies and relationships - Challenges of reforming hobbies and friendships in later stages of life - Reluctance to step out of comfort zones at an older age - The importance of spending money on enjoyable activities - Avoiding the risk of being rich but lonely in retirement Health and Well-being - The impact of neglecting health due to excessive work and family responsibilities - Difficulty in prioritizing health when business takes precedence - Challenges in maintaining physical fitness and overall well-being as one gets older - The need for intentional effort in seeking out new ways to stay fit and healthy - The benefits of joining a new gym or exercise group to maintain health Relationships and Social Connections - Neglect of relationships and social connections due to work commitments - Difficulty in forming and maintaining friendships as one grows older - Challenges faced by empty nesters in rebuilding relationships after children move out - The importance of stepping out of the comfort zone to form new friendships - Lack of time and opportunities for socializing outside of work - The significance of investing time in maintaining and nurturing relationships Transitioning to Retirement - Selling the business and the impact it has on personal identity - Adjusting to a new phase of life after children move out - The challenges of finding new hobbies and interests in retirement - The need for proactive effort in pursuing new activities and passions - The potential loneliness that can come with wealth and lack of social connections - The importance of prioritizing leisure, health, and relationships in retirement Overcoming Resistance and Stepping Out of the Comfort Zone - Recognizing the resistance to change and stepping out of comfort zones - Addressing the fear and anxiety associated with trying new things - Seeking support and encouragement from peers in exploring new activities - Embracing the potential discomfort and challenges that come with stepping out of the comfort zone - The rewards and personal growth that can be achieved by pushing beyond comfort zones Primary Topic: Balancing Work, Family, and Personal Life - Balancing work, family, and personal hobbies and interests - The tendency to prioritize work over personal enjoyment and relationships - Nurturing family relationships while maintaining a successful business - Allocating time for leisure activities and self-care amidst busy schedules - Striking a balance between work responsibilities and personal fulfillment - Avoiding the regret of neglecting personal enjoyment and relationships in pursuit of work success

Dustin Serviss is a financial advisor who believes in taking a practical approach to personal finance. He emphasizes the importance of understanding one's "Bare Ass Minimum" (BAM) expenses, which are the essential costs required for a person to live. This includes necessities like food and housing payments, excluding luxury items such as expensive purses or extravagant travels. Dustin encourages individuals, regardless of their financial status, to examine their expenses and evaluate whether they align with their goals and values. To practice what he preaches, Dustin and his wife annually review their last three months' worth of visa statements to gain a clear understanding of their spending habits without judgment or accusations. Through these exercises, Dustin aims to help others make informed financial decisions and achieve financial stability. See full episode @reimastermind Key Points and Bullets: Identifying Bare Ass Minimum Expenses - Introduction to the concept of BAM (Bare Ass Minimum) expenses - Definition of BAM expenses (basic necessities for survival) - Differentiating between BAM expenses and discretionary expenses (fancy purses, traveling, etc.) - Importance of examining BAM expenses for financial planning purposes Overcoming Resistance to Examining Expenses - Common reasons why people avoid examining their expenses - Fear of looking at the last 3 months of expenses and bank account balance - Encouraging individuals to confront their financial situation - Understanding the benefits of gaining insights into spending habits The Exercise of Print Statements Review - Description of the exercise of printing the last 3 months' visa statements - Annual review of visa statements in September - Purpose of the exercise: to visually lay out and discuss spending habits - Acknowledging that the exercise may seem nerdy but serves a purpose Communication and Goal Alignment - Importance of discussing spending habits with a partner/spouse - Focusing on the objectives and values of each individual - Avoiding blaming or pointing fingers when discussing expenses - Assessing whether spending aligns with financial goals and personal values

Welcome back to another episode of the REI Mastermind Network! On today's show, host Jack Hoss is joined by special guest Guido Nunez to tackle the topic of wasted time in the workplace. They dive into the various factors that contribute to inefficiency, such as distractions and unoptimized processes. But fear not, they also provide valuable insights on how to eliminate waste and maximize productivity. In addition to dissecting workplace productivity, Jack and Guido explore the world of real estate investing. They discuss the importance of prioritizing tasks and aligning them with goals, as well as deciding between active and passive investing. They shed light on alternative investment opportunities and share their strategies for success. As the conversation unfolds, they delve into the nitty-gritty of real estate investing, including stress testing properties, evaluating market potential, and understanding financing options. Jack and Guido draw from their own experiences, both the challenges they faced and the lessons they learned along the way. But it's not just about investing in properties, it's about building meaningful relationships within the industry. They reveal their secrets to networking and finding reputable experts in the desired market. From property managers to maintenance professionals, they share their tried-and-true methods for assembling a top-notch team. And don't miss their expert advice on managing properties, from enhancing security to dealing with troublesome residents. They discuss the nuances of different property types, with a focus on decont properties, which offer unique advantages for beginner investors. So whether you're looking to optimize your productivity in the workplace or dive into the world of real estate investing, this episode is packed with valuable insights and practical tips to help you master the game. Let's jump right in! Key Topics and Bullets: Wasted time in the workplace - Causes of wasted time: coworkers and distractions - Strategies to eliminate waste: automating tasks, simplifying decision making, prioritizing tasks based on importance and aligning them with goals Investing in real estate - Active vs. passive investing: considering time constraints and alternative investment options like joint ventures or syndications - Factors to consider when investing: stress testing the property, examining location and market trends, evaluating rent differentials, and financing options - Overcoming challenges and gaining knowledge: using various resources like books, podcasts, and meetups, learning from everyday investors, and leveraging online tools for underwriting deals Approach and communication in real estate investing - Finding opportunities through direct communication with sellers - Taking action and responding promptly, rather than striving for a perfect script - Treating everyone with respect, particularly when dealing with troubled properties and residents - Building a network and seeking recommendations from experts in desired markets - Prioritizing security and addressing any troublesome residents - Enhancing property value through clean-up efforts and maintaining a safe environment Transition from residential to commercial real estate - Background in residential real estate and decision to explore commercial real estate - Managing D-class properties and their advantages for beginner investors - Locally-focused investing for effective implementation and prevention of illegal activities in D-class properties TIMESTAMPS 00:00:00 reimastermind.net 00:02:33 Becoming smarter about real estate investing process. 00:05:52 Simplifying work and eliminating waste saves time. 00:09:23 Importance of taking action in real estate. 00:12:55 Factors: Stress test, vacancy rate, breakeven point, property location, neighborhood appreciation, room for rent increase, financing. 00:14:07 Importance of security and cleanliness for properties. 00:16:59 Property's middle garden fenced off, now open. 00:23:29 Efficiency in your day; right people help. 00:25:05 Cheaper properties can be easier to manage. 00:28:38 Start now, don't wait, take action. 00:30:33 Closing

Welcome back to the REI Mastermind Network, where we bring you the latest insights and strategies for successful real estate investing. In today's episode, we tackle a common investment myth: the belief that you need money to make money. Our guest, Ray Zhang, debunks this myth, sharing his perspective on how having the courage to find a deal can lead to financial success. Ray illustrates his point with a captivating example of finding undervalued land and attracting eager investors. However, our host, Jack Hoss, adds an important caveat, emphasizing the importance of building a network and finding potential buyers to ensure the success of your deals. Get ready to challenge conventional wisdom and discover the keys to profitable real estate investing. Let's dive in!

Ray Zhang is a seasoned coach and expert in finding lucrative real estate markets. With his extensive knowledge and experience, Ray advises against choosing booming cities like Austin or Dallas, as they require significant effort and investment. Instead, he suggests targeting the surrounding areas, which benefit from the growth and offer great financial rewards. Ray emphasizes the importance of selecting a major growing city as the first step, followed by identifying nearby areas with plenty of activity and demand. By following this strategy, investors can maximize their profits and make a fortune in the real estate market. Check out the full episode @reimastermind

Ray Zhang is a skilled entrepreneur who discovered his passion for flipping various items. Starting with free stuff and cars, he soon ventured into the realm of real estate. For the past four years, Ray has immersed himself in the world of land flipping. In his first year, he primarily focused on buying and selling inexpensive plots of land, making a modest profit. However, his expertise has evolved, and he now specializes in flipping infill lots located near bustling urban areas. Ray's ability to identify lucrative opportunities in the real estate market has established him as a successful land flipper. He continues to thrive in his current role, constantly seeking out new opportunities to maximize his profits. Connect with Ray Zhang: Instagram: https://www.instagram.com/virtualflipland/ TikTok: https://www.tiktok.com/@virtualflipland Key Topics and Bullets Ray Zhang's Journey into Land Flipping Ray Zhang's experience with flipping various items before stumbling into land flipping His initial focus on flipping cheap land in the first year Transitioning to flipping infill lots near cities Strategy and Market Focus Targeting land near growing cities Avoiding markets that are losing people, such as New York and New Jersey Open to focusing on any growing market Progress and Projections Been involved in land investing for around 4 years In 2022, completed approximately 100 deals with a net profit of 900,000 2023 projections include buying around 330 land pieces and selling them after posting for sale Challenges and Apprehensions Mentor advised selling some land due to holding a significant number of properties Despite potential appreciation, mentor emphasized the importance of selling for instant cash Noting a slowdown in the market, with longer turnaround times for offers and sales Previous Real Estate Ventures Attempted wholesaling, virtual wholesaling, and apartment investing before finding success with land flipping Acknowledges the difficulty of wholesaling, especially when done virtually Perceived lack of funds as a barrier to apartment investing Mentorship and Mindset Shift Recognizing the value of seeking out mentors who have achieved success in the desired field Investing in mentorship as an essential aspect of success Emphasizing the importance of changing from a poor mindset to a rich mindset for success Overcoming Homelessness Sharing the experience of being homeless and living in a car for several months Flipping free items as a means to generate income and initially invest in land flipping Realization of mentorship's power through a car flipping mentor's guidance Note: This summary covers the main topics discussed in the text, providing an overview of Ray Zhang's journey, strategy, progress, challenges, previous ventures, mentorship, and overcoming homelessness. LIKE • SHARE • JOIN • REVIEW Website Join the REI Mastermind Network on Locals! Apple Podcasts Google Podcasts YouTube Spotify Stitcher Deezer Facebook Twitter Instagram SUPPORT THE SHOW! Self Managing Your Rental Properties? Get 6 months of RentRedi for $1! Click this link! If you are new to Wealthfront, and open a Cash Account, you'll get a 0.50% APY boost for 3 months. Open an Automated Index Investing Account or Automated Bond Portfolio, you'll earn $5,000 managed for free. Get $10 and Reduce Your Business Costs by Shopping at AppSumo • https://bit.ly/reiappsumo Get $10 Towards Your First Purchase at Drop • https://drop.com/?referer=3DC729 "You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack