The Think Realty Podcast

Framework for Success, with Robert Mulcahy

Robert Mulcahy is the Senior Vice President of Angel Oak Prime Bridge. He joins Abhi on Think Realty Radio to share his knowledge on everything related to real estate investing. Angel Oak Prime Bridge conducts mortgage-related business, and Mulcahy shares his market adeptness on the current state of real estate from the point of view of an experienced lender. Finding the Next Opportunity Mulcahy details the easily fixable mistakes he sees investors (both new and experienced) make, which include not having enough capital and the importance of pausing and analyzing the market to see what adjustments need to be made. They further discuss the fluctuating profits flippers may be experiencing and the economic factors involved in that. Finding the opportunity that fits your needs isn’t easy and requires patience, but it is out there. Visit AOPBConnect.com learn more and to get started today!  

The Silver Tsunami, with Kevin Ortner

America’s largest third party property management company — Renters Warehouse — hops back on the phone with Abhi for their weekly segment on Think Realty Radio. Kevin Ortner is the CEO of Renters Warehouse and he loves helping motivated real estate investors do what they enjoy with success. Abhi wants investors to understand that cutting corners in this industry and achieving success don’t pair well. In his words, there are three important steps that are easy to remember — but require a dedicated investor to follow through. These steps are: A - Understand (do your homework) B - Absorb the information C - Do something about it The Silver Tsunami Abhi and Kevin touch on eye-opening topics including “The Silver Tsunami.” The Silver Tsunami refers to what’s to occur in the retirement space for baby boomers. 10,000 baby boomers retire every day, but only 26% are financially prepared. Many pundits consider this a crisis. What does this mean for America’s real estate market? Tune in to get the professional opinions of these two REI professionals. They drop some staggering statistics about the possible outlooks for the near future regarding the Silver Tsunami, retirement, and how the younger generation needs to prepare. Learn more about RentersWarehouse.com!

Using Scripts, with Bill Twyford

Bill Twyford, Owner at The Investment Edge University, joins the show to discuss how to talk to homeowners who are behind on their property payments. Find the deals that nobody else wants to work and find the edge on every purchase. Bill goes after properties that are months behind on their payments and has some advice for how he talks to these prospects. Having a set script when you are doing a deal can make a difference between $50,000/year and $100,000/year according to Bill. Learn what to say and how you can better understand and read your prospective sellers. Bill provides sample scripts he wants to share, but first, get out of the mindset of, “I need to get a deal closed.” This mindset is transparent and the homeowner will see that you only want the money — shift your focus toward what is best for the homeowner. Provide options for the homeowners and you will prove that you are putting their needs first. Tune in to find out more on how you can buy through using scripts. Visit InvestorsEdgeUniversity.com to get more information on closing deals today.

Home Automation in Rental Properties, with Sean Miller

Sean Miller, President of PointCentral, joins the show to discuss home automation and why it is so relevant and necessary to ramp-up your real estate investment business. Sean breaks down the technology terms for listeners and differentiates between hardware and software so you can better understand and familiarize yourself home automation. Want to know the difference between home automation in single family rentals and multifamily rentals? It can be so beneficial for multifamily properties and save on operations for both occupied and vacant properties. Teaching tenants how to properly use the automation is important so they know they are in control and secure. So how much should you expect to spend on the hardware, installation and recurring services? Sean explains the “hot ticket” items he is seeing in homes and how they really benefit your investment. Tune in and find out mistakes other investors are making with hardware and software and spare yourself those same mistakes. Visit PointCentral.com today to learn more about home automation.

The Power Play, with Greg Rand

Greg Rand, CEO of OwnAmerica, is on the show and opens it with discussing the recent news of Renters Warehouse acquiring OwnAmerica, which now makes Renters Warehouse America’s largest full-service real estate investment company. A listener wants to know what the deal is with flipping properties. Is it a bad idea? While Greg has never been interested in flipping, he says flipping should be used as a tactical approach to create equity along the way. He gives a few pointers for how it can benefit you so that you are being smart (and ethical) each step of the way. Another listener wants to know how the BRRRR (Buy, Renovate, Rent-Out, Refinance and Repeat) strategy helps you pull money out when you are refinancing. Greg simplifies it for listeners so that you can start building that portfolio! Be sure to read the full article on OwnAmerica and Renters Warehouse at ThinkRealty.com.

Tools Available in Real Estate, with Don Fowler

Don Fowler, Chief Business Development Officer of RealeFlow, is on air with Abhi to go over some amazing tools RealeFlow has for obtaining leads in real estate, gathering data and plenty more valuable resources to help you succeed. With over 100,000 users, RealeFlow has come a long way. With their new platform, new investors are able to view first-hand rehab projects, exactly what tools and resources were used and how much you can expect to pay. Another new tool that is offered is a buyers list so you can find the exact person who matches your criteria for your property. All information is confidential, but find out how this creative tool can benefit you! All of these resources and tools help you work on your business instead of working in your business. Consider all the moving parts that go into your business and be sure to check out RFleads.com to continue focusing on your growth.

Success in Real Estate Investing, with Kevin Ortner

Kevin Ortner, CEO of Renters Warehouse, is on air with Abhi and they discuss single-family rentals and some of the mistakes first year investors are making and how you can scale your business. During the second segment of the show, Abhi and Kevin get into the numbers of how much people are saving for retirement. They want everyone to be able to have enough invested so that by the time they retire they can enjoy the earnings from their years of hard work. It all comes back to financial education and people understanding their options for savings and investing. Kevin shares his thoughts on student debt in America and goes into detail about the ROI. A heated topic for sure, but do the calculations make sense? Find out what Kevin has to say. Earlier this year, Amazon announced it would pick one city for its new headquarters, and now they are looking at two new cities. Find out what these cities are and how it impacts real estate investing. Find out more about Renters Warehouse and Kevin Ortner at RentersWarehouse.com.

Asset Protection, with Garrett Sutton

Garrett Sutton, Founder at Corporate Direct, Inc., is on the show to discuss protecting yourself and your real estate investments. It is all about knowing your options and taking the proper steps. Learn how you can create a corporation or LLC so that you can keep your personal and business assets separate. There are important documents and operating agreements you need to know about so that you don’t make a mistake that will change the structure of your company. With popular and easily accessible websites that claim to create legal documents, it might seem tempting to succumb to those operating agreements and think you are protected — learn how you can obtain legal documents the correct way. Learn about the tax benefits that come with creating an LLC or a corporation. With plenty of options to choose from, this is a show you don’t want to miss! Tune in to find out all about LLC’s and how to keep your assets protected. To learn more about Garrett and to get started with his team today, visit CorporateDirect.com.

Real Estate Market Opportunities, with Tom Olson

Tom Olson, President of Good Success, joins Abhi to discuss the current real estate environment. He talks about his thoughts on Zillow’s predictions of the 2020 real estate market crash and also how to protect yourself in the event of a market downturn. Gary, IN is the city to watch and Tom wants to tell you why — and he also wants to share what Gary is not. Learn about interest rates and what kind of homes are being affected the most and what kind of return people can expect on a single family rental in Gary. In the third segment, Tom and Abhi discuss how you can get involved in your community as a real estate investor and how you can rebuild your community through the Community Go-Giver Event. If you want to learn more about Tom Olson’s businesses visit GoodSuccess.com,CommunityGoGiver.com or email Tom at Tolson@goodsuccess.com  

The Truth in Today’s Market, with Greg Rand

You can buy one house. You can buy two houses, three, four, and five. Greg Rand wants you to be able to do that, and start a pattern for multi-generational wealth. You just need to know how to do it!  Today’s episode revolves around smart people saying dumb things. This includes many media outlets and websites purveying sensational—but misleading—information. But here’s the thing: a lot of the time, the truth is bent negatively in order to attract higher readership. So what do you, the investor, do? You probably already know the answer—it’s to stay educated! According to Greg, to be successful, you have to "Learn it for yourself." In the second half of the episode, Greg and Abhi address three questions from listeners like you. Get all the information you can handle in today’s episode with Abhi and Greg, and get even more at OwnAmerica.com.