The Think Realty Podcast

Bill Knows Notes, with Bill Mencarow

A note is essentially an IOU — someone needs money, they give you an IOU, and you give them the money. In real estate, notes are used in lieu of using a bank. You buy a piece of property using owner-financing, making the seller play the role a bank normally would. When done correctly, cutting out the middleman and purchasing real estate with notes can increase efficiency and facilitate money-saving win-win situations for all parties involved. Mencarow is a note wiz — he’s been doing this for decades and knows just about everything there is to know about notes, from performing to non-performing, mathematics, percentages, and the effects of interest rates. Thinking about investing in notes yourself? Abhi and Bill also talk about what makes the ideal investor for making money with notes. Fill out the contact form at PaperSourceOnline.com. There are special discounts for Think Realty Radio listeners who register with coupon code THINKREALTY.

The Economy’s Effects on Real Estate, with Noel Christopher

Noel Christopher, Renters Warehouse, is back for another segment of Think Realty Radio and he and Abhi dig into what’s going on in the economy. They discuss auto loans that have gone delinquent and how it could impact the real estate market. Auto prices are extremely high right now and they think these delinquinces could level-off the prices of cars. Next, Noel and Abhi discuss college loans and the ROI on a college education. Noel gets into his take on a college degree and he weighs the pros and cons of the experience and education vs the debt you are saddled with and will follow you the rest of your life. They transition into credit card debt and question whether or not credit card debt is discussed in the school system so that people are able to understand how the system works. So how does this all go into the real estate market? Trust us, it all comes full-circle. Tune in now to find out more from Noel. To learn more about Renters Warehouse, visit RentersWarehouse.com today.

Lending, with Robert Mulcahy

Robert Mulcahy, with Angel Oak Prime Bridge, is on air with Abhi to discuss lending. The kick-off the show discussing Atlanta and what that market is like right now and transition into how you can find the right investment property for you! Robert discusses how you can wisely invest out of market and urges listeners to do their due diligence. When looking to invest in the right property, Robert discusses the steps you should be taking before you really start the search, like setting a budget and of course, knowing your market. It doesn’t matter what market they discuss, it is all about your investing personality, your research and your team. Robert shares his “golden nuggets” with investors who want to invest with Angel Oak. They discuss the technology resources that they utilize to find the right deals out there. Once they find the property, they analyze what kind of property it is — i.e. fix and flip. He stresses not to be “hungry” just to get the deal and to pull in a licensed inspector to be sure you are able to afford the property. Tune in to learn all about this and so much more! Visit AngelOakPrimeBridge.com today to get started with Robert and his team.

Investing in Mortgages, with Kristin Gerst

Kristin Gerst, Capricorn Mortgage Investments, is on air with Abhi to discuss investing in mortgage notes. She lets us in on how long she has been investing and the types of mortgages she buys. She goes through issues she sees when purchasing mortgage notes and how people can overcome these. The number one issue she sees is bad paperwork. Don’t let this be you! Kristin gives great insight and pointers on the interest rate of the mortgage note and she wants to be sure that you are aware of the legalities. If you go into the mortgage investing world, Abhi stresses the importance of educating yourself. Learn all about mortgage investing and how you can get rid of long-term debt. Her whole model is based around debt-free investing and we know you will learn something new in this episode of Think Realty Radio! Tune in now to learn more from Kristin! For a quick response, text Kristin at 972-679-3120 to learn more about investing in mortgages.  

Real Estate Markets, with Greg Rand

Greg Rand, Renters Warehouse, is back on air with another round of the Power Play. "On this show, we are responding to some of the many questions we've been receiving from listeners." Our first listener is from Seattle and wants to know if people are really spending over $400k for less than 10% ROI. With Seattle being such a hot spot to invest, it is pricier, but Greg and Abhi recommend investing outside of that market and going to a smaller market. The next listener is a traveling nurse who has saved a good amount of money and plans to invest in the next few years since he has few expenses with his job. He wants to know about investing in different markets and how he can go about purchasing a property in the different cities he visits. He is looking for resources and more information, and Greg and Abhi definitely have more information for him! Greg and Abhi shift gears to touch on Birmingham, AL and why it’s a great place to invest. Greg is on location in Birmingham and fills us in on what to look at as he breaks down the market for listeners. Tune in to hear all about what these two have to say about real estate investing! Visit ThinkRealty.com today to check out all of our radio shows.

Self-Directed IRA, with Kaaren Hall

Kaaren Hall, CEO of UDirectIRA, is on air with Abhi to discuss self-directed 401k’s and IRAs and the rules and protocols. She urges listeners to consider their options and to do their due diligence on both the front-end and back-end and she offers some great pieces of advice for best practices when you invest in real estate. Invest in an area that you have some expertise and she says that is the most important thing! Confused on what a self-directed IRA is? There is a lot of misunderstanding and Kaaren wants to help clarify any confusion and explains what it does. There are two places people can not invest your money and that is life insurance and collectibles. Roughly 10,000 people per day are turning 65 years old and they discuss the importance of saving for retirement and taking control of your financial future. They discuss the traditional accounts you can invest in and the maximum you can invest and provide you with resources and the steps you should be taking to get set up with a self-directed IRA. There are three steps you should take and Kaaren breaks it down for us. Learn the rules so you can play the game of self-directed IRAs when you invest in real estate. Learn more about Kaaren and her business at UDirectira.com

Work Hard, Earn Hard, with Kevin Ortner

CEO of Renters Warehouse and author of Rent Estate Revolution — the book that lays out why to buy real estate and how to do it, step-by-step — joins Abhi in his weekly Friday spot to talk about the tools real estate investors use, and how to make informed decisions by keeping a few things in mind. One of the tools Abhi and Kevin discuss is Zillow. It’s limitations, whether or not it should be the end-all-be-all, and how to supplement the information an investor. Included in this intriguing conversation is the recent developments of Zillow’s Zestimate — their home value estimate generating tool. The two also talk about diversification, moving money from your business into real estate, and the next steps you should take if you already have $1 million or more in assets.  

Probate Leads, with Kristine Gentry

Kristine Gentry, Vice President of US Probate Leads, is on the show with Abhi to discuss probate leads. Probate leads happen when someone passes away and their estate is inherited. In most cases, the person does not want the property and they are looking to sell. What Kristine does is connect people who are looking to buy probate properties with those who are looking to sell. This is a unique and oftentimes sensitive situation to be in when going to look for probate leads, so Kristine fills us in on how to go about it. She says they are typically good houses in good condition so it’s rather easy to get it ready for sale. US Probate Leads has researchers that go to the courthouse to do the hard work for you so you don’t have to. The probate industry continues to grow and it is an endless source of leads. These properties will continue to be passed down and it can be a great way to help those who are going through a difficult time who might not know anything about real estate. Tune in to find out all about probate leads and how US Probate Leads has been such a success for the past 15 years. Call US Probate Leads to get started today 877-470-9751.

Market Analysis and Market Cycles, with Jared Garfield

Jared Garfield, CEO of the Wealth Watch Team, is on air with Abhi to talk about his background, his business and how he can help people with their real estate investment journey. With many experts saying we are entering a real estate bubble, Abhi wants to know how Jared advises his clients during times like these. He gives his insight for how he determines which markets will have high ROI’s. He explains what a market cycle is and the four cycles they see in real estate. There is certain criteria he uses to determine what stage the market is in during the cycle so be sure you stick around to find out all about the cycles! Especially when investing out-of-state, Jared stresses the importance of having the right team of people to help you. He goes over a few markets and tells listeners how they can determine the right market to invest in and how to make the best ROI possible! Visit JaredGarfield.com/report today!

Real Estate Strategy, with Greg Rand

Greg Rand, Renters Warehouse, is on air with Abhi and they have plenty to share with you on this episode! Greg wants to share with you a “lift” city just west of Charlotte called Gastonia and also a city on the way to Gastonia is Belmont. Greg found two great properties for sale and he was under contract and backed out, and he wants to share his reason why. It is a decision that could help you in the future! Greg wants to share something “funny” he read this morning. He says the bad information out there is quite comical but he wants to keep you informed. He read, “Feds could double interest rates.” The headline was misleading because what they meant to say was, the feds could raise the rates two times. One of our listener’s, Cameron from Pennsylvania, has a question for Greg. He wants to know if he invested in a mentor or “guru” when he was first starting out. He and Abhi joke about how there are so many, “get rich by giving us all your money” schemes. Greg says that finding a mentor is something so different and you should find someone you trust and aspire to be in 10 years. Greg and Abhi wrap-up the show with two more listener questions. Chad from Texas wants to know how REI fits into the Dave Ramsey philosophy of “cash only” investing. Our final question has to do with negotiations and how to become an effective negotiator.   Tune in to all of our episodes of Think Realty Radio at ThinkRealty.com.