The Think Realty Podcast

Tenant Evictions with Noel Christopher

Noel Christopher with Renters Warehouse is back to discuss evictions with Abhi. It all depends on the situation the tenant is going through and being certain you are taking into consideration their humanity. They also touch on acquiring a property where there is already a tenant, and problem tenants. To learn more about Noel Christopher and Renters Warehouse, visit RentersWarehouse.com. The Power Play: Greg and Abhi are back and talking about a market that is hot near DC — Baltimore! Greg and his team have been following the trends and continually learning more about it so they can bring it back to listeners.

Non-Conventional Lending with Jan Brzeski

Jan Brzeski, Founder and CIO of Arixa Capital, discusses the convenience and ease of receiving a non-conventional loan. Gone are the days of taking two to three months to receive a loan from a bank. With non-conventional lending, you can get your loan in two to three weeks and you only need to provide relevant information. They touch on topics such as opportunity zones and hard-money-lending vs. non-bank-lending. If you want to know more about Arixa Capital and how they can get your business started today, visit ArixaCapital.com. Power Play: Greg and Abhi are back to talk about treating your real estate like any other business— especially when it comes to maintenance. Know yourself and whether you are capable of handling the maintenance work yourself, and if you aren’t, you will need a general contractor. Lineup your people (plumber, handyman etc.) in advance so that if something goes wrong, you know who to call.  

Project Management of Renovations, with Susan Dupont

Susan Dupont with Radius Renovation Group joins us today to discuss the advantages of hiring a renovation project management company. She goes through some of the biggest challenges renovation projects experiences and sheds light on how hiring a company benefits the investor so they do not need to worry about nitty-gritty details and can focus on the ROI. Stay on task with your project and visit RadiusRenovationGroup.com or email service@radiusreno.com. The Power Play: Abhi and Greg throw it back to one of their first episodes and discuss the Panama Canal and the lift it gives some of the biggest port cities. Greg gives his opinion on what he thinks is the hottest market out of those cities. Hint: It’s in Georgia.

Using Leverage, with Robert Mulcahy

Robert Mulcahy with Angel Oak Prime Bridge, is here to discuss private money lending for individuals who are looking to get into the real estate investment game. He offers great advice on where and how to get started, like networking and educating yourself on the market. Robert and Abhi discuss using leverage when scaling your business and why it is a good idea so you can protect your cash. To learn more about Angel Oak Prime Bridge and how they can help you start your investment today, visit aopbconnect.com. The Power Play: Greg Rand and Abhi are back and discuss, “smart people saying dumb things.” This week they take the headline, “The Big Shortage,” and use an analogy of the stock market to explain why higher housing costs do not mean a shortage of homes to purchase.  

Breaking Leases, with Kevin Ortner

A tree falls on your rental property, rendering part of it uninhabitable. A neighbor threatens your renter, making them feel unsafe. How do you handle these unique situations? As Kevin Ortner of Renter’s Warehouse explains, it’s got a lot to do with your state’s laws and the wording within your lease. Logic and heart play a big role in deciding how to proceed as well. As Kevin puts it, “Even though the piece of property is your house, it’s their home.” Working with your renters to overcome an unideal situation is part of the business—and is where having a property manager comes into play. Learn more about Kevin Ortner and property management solutions at RentersWarehouse.com. The Power Play: Greg Rand and Abhi discuss the impact negative media coverage can have on the investor mindset. Greg believes in the importance of accuracy.  

Airbnb Investing, with Johnny Youssef

Johnny Youssef fell into real estate investing when he thought—as many people do—that he didn’t like the idea of giving money away in the form of rent each month. He bought a house when inflation was high, and then the market crashed. Yet even through those obstacles, Johnny learned that having renters to pay your mortgage still saves money in the long-term. Johnny spends a lot of time working in the Airbnb sector, and he and Abhi dive deep into Airbnb and what being a part of that market means to investors. They cover the pros and cons—one pro is that if done correctly, you will make much more than merely renting, but it's important to also consider the cons. Get in touch with Johnny Youssef at JohnnyYoussef.com, or on his Instagram at @JohnnyYou. The Power Play: Abhi and Greg discuss mentors—how important is it to find someone who can help you along your personal REI journey? They also continue the Airbnb discussion and its future.   

The BRRR Strategy, with Nate Armstrong

Nate Armstrong grew up in a home that lived a paycheck-to-paycheck lifestyle. When he decided he didn’t want that for himself or his family, he began a career in real estate investing. Part of his success is due to allowing himself to learn from both good experiences and bad. Through tumultuous times, Nate developed personal REI strategies that have proven effective for him, and that he now uses when making important decisions. One of these strategies is the BRRR (or BR³) Strategy—Buy, Rent, Rehab, Resell, which Nate has been using to immense success. Other topics discussed include the acronym SAFE, why the cost of capital is dropping and what that means for investors, and why the rental market keeps getting stronger. Learn more about Nate and how you can get involved with his company at HomeInvest.com. The Power Play: Abhi and Greg continue the conversation about the BRRR Strategy, and talk about rental-flipping—existing rentals that are immediate money-makers.

Leverage: What it Means to You, with Marco Santarelli

Marco Santarelli, Founder of Norada Investment Group, is an investor who helps to build real estate portfolios in 18 markets—typically by way of turnkey, cash-flowing properties. He and Abhi dive into the discussion of leverage: what it is, how to use it, and just as importantly—how not to use it. Abhi also drops an easy-to-remember acronym to aid investors in their career: IDEAL: Income, Depreciation, Equity, Appreciation, and Leverage. Their fruitful conversation touches on other topics, including active investing approaches versus passive investing approaches, the importance of a property’s location, and magnifying your rate of return. The Power Play: Greg Rand and Abhi talk about common mistakes that professional investors make, including oversight and a common but easy-to-change mistake known as “deferred maintenance.”  

The Facts of Fixing & Flipping, With Larry Brand

Larry Brand of Sprout Mortgage joins Abhi to talk about all the angles, sides, and intricacies of fixing & flipping. Larry has flipped houses for over 20 years and now is mostly involved in the lending arena to fund investors' fix & flip projects. Abhi and Larry also discuss the effects that fix & flip TV shows have had on how newcomers approach their projects. Other topics include whether or not newbies should start with smaller investments, and acronyms investors should know, including LTV, BPO, and ARV.   The Power Play:  Greg Rand’s motto is “Whoever dies with more America wins.” This means accumulation is key—so, naturally, he’s pushed back against fixing & flipping. But Greg has had a change of heart regarding this method of investing, as long as investors have the financial literacy to backup their investment.

Accidental Landlords, with Noel Christopher

Noel Christopher, SVP of RentersWarehouse.com, is back with us to discuss accidental landlords and how becoming one could end up benefiting you. Tune in to find out how one becomes an accidental landlord. Abhi and Noel discuss the practicality, the risks and the benefits that play into it. One of the most important factors is having good property managers. To find out more about Noel Christopher and how he and his company can help, visit RentersWarehouse.com. The Power Play: Abhi and Greg are back with another power play. They answer one listener’s questions from Charlotte regarding the new Amazon distribution center and how it will impact the economy (for the better) and real estate investment in Charlotte.