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When people first start looking at investing in real estate, they ask each other, "How do I choose what to invest in?" Well, today is your lucky day. Mike Swenson is here to guide you through that crucial decision-making process today! Here, we'll examine some of the most popular investing strategies, guide you through a self-assessment of your goals and resources, and bring you closer to selecting the investing strategy right for you.
We will review strategies that include flipping, buy & hold, short-term rentals, BRRRR, mobile home parks, and self-storage. You'll learn the power of running your numbers by a great deal calculator and due diligence on a specific deal as well as finding potential partnership opportunities that align to your goals. This is a fantastic overview for a newer investor to get the clarity and direction for his future real estate endeavors. Tune in to gain insights and take your first steps towards successful real estate investin...
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Michael Sarracini is a very inspiring award-winning entrepreneur and real estate investor. Having been into a short-lived boy band, Michael's life soon changed as he saw how much money his landlord earned each month when he was still in university. Along with his roommate Scott McGillivray, Michael went ahead and purchased his first property, renovated it, and made more money using those profits to buy other properties. He has managed to buy 20 properties within a relatively short period and retired at just 25 years of age! In addition, Scott worked on HGTV's Income Property, which focuses on house owners turning their homes into money makers.
Today, Michael is the CEO of Keyspire and Chairman of The Sarracini Group. He and his team have trained over 100,000 real estate investors, generating tens of millions in net worth. In 2016, he led the #1 fastest-growing consumer business in the country. Michael lives in Toronto with his wife and two boys, enjoying...
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Derek Vickers moved to Florida with under $300 in his pocket and began a 100% commission sales job. He wanted to build something beyond his 9-to-5. He looked for mobile home park owners and deals all over the state. A few years later, Derek is today the CEO of Vicktory Real Estate Group with 38 mobile home parks and 1926 units. He has since retired from his sales job to focus on his thriving business full-time. Derek also hosts the MHP Show, where he shares insights and experiences from his journey. Learn how Derek transformed his life and achieved massive success in the mobile home park industry!
In this episode hosted by Mike Swenson, we discussed:
Short-Term Rentals have been a top topic of conversation in the real estate investment world for quite some time. Are they a good investment? Is the market becoming too saturated? How to you handle increasing regulations? In a recent REL Freedom episode, Tyler Coon got to share his insights into the world of short-term rentals. As an agent in North Carolina running Savvy STR Agents, this is his niche. He offers valuable advice on how to succeed in this thriving market. If you're considering investing in short-term rentals or simply interested in learning more about this lucrative real estate niche, here are some key takeaways and things to consider:
1. Expertise is Key: Tyler emphasizes the importance of working with a market expert to help you identify deals that will give you the best chance for success. Each market is different, and each opportunity within a given market is different. Specializing in short-term rentals, like any other real estate niche, requires in-depth knowled...
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Chad Wittfeldt started his entrepreneurial journey at a young age by turning 2 businesses into 6 figure Chad Wittfeldt started his entrepreneurial venture when he was a teenager, turning two businesses into six-figure successes: a landscaping company and an electronic arbitrage venture. By his twenties, Chad had already switched to full-time investing and real estate entrepreneurship. He diversified his portfolio by getting into cryptocurrency, setting up systems for attracting accredited investors. As of now, Chad has collaborated on over $30,000,000 in real estate syndications which showcases his expertise and growth. Join us as Chad shares his inspiring journey from humble beginnings to monumental success in real estate and beyond.
In this episode hosted by Mike Swenson, we discussed:
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Kevin Amolsch, an ex-US Army serviceman, has gained significant power within the real estate and private lending industry. Kevin founded Pine Financial Group in 2008 after earning a Finance degree and working as a Mortgage Bond Analyst on Wall Street. Under his leadership, the company has raised $135 million in private capital across four funds and has facilitated over 2,400 transactions as a buyer, seller, or private money lender. With nearly $1 billion in fundings, Kevin's expertise is unmatched. He's also an author of the book "The 45-Day Investor," sought-after speaker, and the host of the "Real Estate Educators Podcast." Listen in as Kevin shares his fascinating journey from the military into top-tier private money lending and real estate investing.
In this episode hosted by Mike Swenson, we discussed:
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Kyle Stanley, a former sports broadcaster, changed his life by diving into real estate to take control of his future. He now manages about 50 short-term rental properties in Fresno, CA, using arbitrage and co-hosting strategies. Kyle built a 6-figure business within his first year and scaled it to 7 figures by year two. As the host of "The Fearless Investor Podcast," he discusses insights related to the short-term rental market, generating passive income, business scaling, and many more. On the other hand, Kyle has also started "The Setup Man Podcast," where he discusses and explores the lives of current and former Major League Baseball players and coaches. Learn how Kyle obtained financial freedom and hear his strategies for success in real estate and beyond.
In this episode hosted by Mike Swenson, we discussed:
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Tyler Coon, a lifelong entrepreneur, transitioned from being a general real estate agent to focusing exclusively on the lucrative short-term rental (STR) market. Tyler is based in Asheville, North Carolina, and founded Savvy STR Agents, a dedicated team that helps investors purchase prime STR properties. His team now serves areas in North Carolina, Kentucky, Southern California, Gatlinburg, and Myrtle Beach, with plans to expand further. Tyler owns 8 STR properties himself and is enthusiastic about the possibility of using STRs to create wealth. In this video, Tyler talks about his journey, insights into the STR market, and how he helps others to achieve financial success through strategic STR investments. Learn the secrets of success in the STR industry from a true expert.
In this episode hosted by Mike Swenson, we discussed:
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A former teacher passionate about helping people, Kristi Winfree channeled her natural talents for details and systems implementation into the real estate industry. She founded Legacy Transactions supporting agents as they grow their business and providing education to her clients. She believed in the motto: "Wake up every day to create Raving Fans and make someone's life better!" Kristi is a professional who adds uniqueness to her field. She is also the host of the podcast "Not Just A Daydream - Business Insights and Inspiration for the Work At Home Entrepreneur." She would share her know-how and motivation for others in this podcast. Join us to learn how Kristi is building a legacy one transaction at a time and changing the lives of all those she touches.
In this episode hosted by Mike Swenson, we discussed:
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Karim Kerachni's entrepreneurial journey has taken him across continents and industries. Born in Canada to Algerian parents, raised in France, and currently residing in Malaysia, Karim embodies the spirit of a global entrepreneur. He started his entrepreneurial career by founding Steamates, a successful residential and commercial cleaning company in Halifax, Nova Scotia. This venture provided him with the foundation to explore franchise development opportunities for PropertyGuys.com in Massachusetts, the largest private home sale network in North America.
This is Karim sharing his special journey of building businesses across borders and time zones. Here, he elaborates on how he deals with the challenges and rewards of running and scaling up businesses remotely by discussing cultural differences and technology tools that keep him connected and efficient. Let's join Karim Kerachni as he talks about his successful strategies and big plans for expansion in th...
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