THINK Podcast

Bob LaChance, CEO of Reva Global, saw a void in the real estate market for virtual assistants (VAs) and saw a need for it. His company offers trained virtual assistants to provide real estate investors with all of their needs like marketing, research and leads. There are so many pieces to being a successful real estate investor and Reval Global offers support so you can fully focus on what you know — investing. Bob talks about the five steps that he and his team take for success. He goes into detail on each of those steps and how it saves investors time. One of the biggest things his VAs focus on is social media. It’s all about posting and getting connected and finding the right leads. He gets into the data and has investors determine what kind of results they are looking for so they can start to track them in the process — the work the VA does is always tracked. He and his team have three key strategies they stick to and he gives pieces of advice about growth in your business. He is passionate about building trust and loyalty and he has some resources that he wants to share with others when it comes to building your brand. Tune in now to find out all about VAs and how they can empower your business. To find out more about Reva Global and to get started with a VA today, visit RevaGlobal.com.

Kevin Ortner, with Renters Warehouse, is on air with Abhi to discuss the demand for single-family housing. He gets into the projected numbers and amount of individuals who are expected to rent a home over the next few years. With so much change going on in the market, Abhi and Kevin clarify some misconceptions and want to keep you educated and informed! They transition into diversification and what it truly means to have diversification when you are investing your money. Kevin says that he doesn’t recommend investing all of your money in real estate, just like he doesn’t recommend investing all of your money in the stock market. He says it is all about having diversity in your portfolio and investing in properties that can generate a larger cash-flow. Finally, they shift the focus on the latest technology and tools that allow real estate investing to be so much more practical and convenient. Renters Warehouse is one of these tools that allows you to develop your portfolio by investing in different markets. It all ties back to the diversification and where we are in the real estate market. Find out more about Renters Warehouse at RentersWarehouse.com

Allison Palmgren, Guiding Light Properties, is on air with Abhi and shares her exciting and inspiring story on how she got started in real estate investment. Her primary focus is fix and flips but dabbles in a few other areas, like lending and rentals, and has a wealth of knowledge to share with listeners. She has no shame in sharing from her challenges and experiences and how she had to learn the hard way from her mistakes. Each person’s strategy is unique to them, so she encourages people to understand the market and understand their personal perspective of investing. It doesn’t help to have a lot of money but not have any understanding of how to invest properly. Allison has some great piece of advice for success and wants to help first-time investors. She gets into work-life balance and what goes into building the business. She shares all! Her goals, mindset and how she is scaling her business in 2019! She gives great advice for people who are interested in investing but might not want to quit their full time job. She even touches on the lending side of her business and we know this is something you will definitely be interested in hearing so tune in now! Find her on Facebook, Instagram, Twitter, YouTube and LinkedIn: @allisonpalmgren or visit their website GuidingLightProperties.com

Gary Beasley, CEO and Co-Founder of Roofstock, is on air with Abhi to discuss Roofstock and the services they provide. Roofstock was recently named to the Forbes Fintech 50 as only one of six real estate tech platforms in the country. Gary gets into the business model and how Roofstock makes its money and the due diligence that is necessary to build your future as an investor. Gary and Abhi discuss some important factors to consider when looking for a property. They touch on everything from artificial intelligence to some different markets you can look into when you are getting started. Does it sound like looking outside of your market and investing outside of your market would be stressful? It doesn’t have to be any more stressful than buying a local property as long as you have a good property manager, Gary said. Toward the end of the show, they get into single-family rentals and discuss whether or not it is a good time to invest in these. Gary compares the SFR market today to when he first started in the real estate game and he has some words of wisdom for people looking to invest in SFRs out-of-market. Tune in now to hear from Gary and Abhi! Email Gary@Roofstock.com to get in touch with Gary today!

Greg Rand, Renters Warehouse, is on air with Abhi. They kick-off the show discussing real estate in the news. A recent headline read that you shouldn’t invest in real estate, you should invest in real estate investment trusts. Some of the remarks came across as “interesting” for Abhi and they break down this article for you. Next, the guys spend time answering listeners’ questions. Our first question is from Joel from Raleigh. He owns five single-family rentals and wants to know how he can continue to build his portfolio and eventually reach 40 single-family rentals over the next 30 years. Greg and Abhi offer insight and strategy for Joel and answer why this can be a good route instead of choosing multi-family rentals. Our second listener question comes from Carl from Tulsa. There is lots of chatter about “knowing your market,” and he wants to know what exactly this means. Abhi and Greg break it down for Carl so that he understands just how he can “know” his market and the practical steps he can take to get started or continue moving forward with his real estate investment business. If you think you are “too old” and waited too long to get in the real estate investment game, Greg has quite the response for you! The experience you have in life has allowed you to gain more confidence in real estate if it’s something you are interested in, then Greg says to go for it! Visit ThinkRealty.com/radio to hear from more of our shows with our real estate investment experts.

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.

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.

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.

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.  

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.