Bigger Cash Flow Podcast 063: Buy a Cash Flow Business w/ Carl Allen

Welcome to the Bigger Cash Flow podcast, where each week, we share tips and tricks on how to grow your monthly cash flow and get out of the rat race. We also interview real estate investors and business owners to gain insight into how you too can reach your goals of financial freedom. For more information on investing, real estate, and increasing your overall cash flow, head on over to biggercashflow.com and check out some of the blog posts.

Episode: 063

Title: Buy a Cash Flow Business w/ Carl Allen

Show notes:

Carl is the founder of Dealmaker Wealth Society, entrepreneur, and corporate dealmaker who has worked on more than 330 transactions worth close to $48 billion dollars. Carl has advised some of the world’s largest corporations, such as Bank of America and Hewlett-Packard on investments and acquisitions making him an expert in his field. Today he is on the show to share his insights on buying, growing, and selling businesses.

On this episode you'll learn:

• Carl's background and his method of cashflow

• Myths of becoming an entrepreneur

• The difference between an owner or an investor

• 3 checks before buying your first business

• Finding sectors that are not prone to disruption

• The 3 types of employees you'll find in the businesses

• How businesses are typically valued

• Some team members to have when you're buying businesses

• Why businesses are such great cash-flowing assets

Contact Info:

Website: https://trainwithcarl.com/cashflow

LinkedIn: https://www.linkedin.com/in/iamcarlallen

Bigger Cash Flow Podcast 062: Investing in Self-Storage Properties with AJ Osborne

Welcome to the Bigger Cash Flow podcast, where each week, we share tips and tricks on how to grow your monthly cash flow and get out of the rat race. We also interview real estate investors and business owners to gain insight into how you too can reach your goals of financial freedom. For more information on investing, real estate, and increasing your overall cash flow, head on over to biggercashflow.com and check out some of the blog posts.

Episode: 062

Title: Investing in Self-Storage Properties with AJ Osborne

Show notes:

AJ is real estate investor and self described "Freedom Fighter" who has built up $100 million portfolio in real estate. It wasn't until AJ became paralyzed from head to toe and place on life support that he realized how important cash flowing assets were for him and his family. Today AJ talks about his journey about how cash flowing assets literally saved his life.

AJ first started off in insurance - however realized that he would need to continue to work in order to generate income. This is where he added the shift of adding real estate to his portfolio. It wasn't until AJ had a very serious illness that left him paralyzed from head to toe. Real estate was able to keep them afloat even when he was not able to work his W2 job. Today he is in an awesome place - his health is coming back and has built up a massive $100 million real estate portfolio.

On this episode you'll learn:

• AJ's story and how his portfolio saved his life

• How AJ found his criteria and how self storage fit that model

• How to correctly identify opportunity

• Why Self Storage is such a great asset class

• A case study on a self storage deal

• The "Stack" Method

• Focusing on the market today

Contact Info:

Website: https://cashflow2freedom.com

Instagram: https://www.instagram.com/ajosborne/

New Book: https://www.amazon.com/Investors-Guide-Growing-Wealth-Storage

Bigger Cash Flow Podcast 061: Financial Freedom through Cash Flow w/ Anna Sergunina

Welcome to the Bigger Cash Flow podcast, where each week, we share tips and tricks on how to grow your monthly cash flow and get out of the rat race. We also interview real estate investors and business owners to gain insight into how you too can reach your goals of financial freedom. For more information on investing, real estate, and increasing your overall cash flow, head on over to biggercashflow.com and check out some of the blog posts.

Episode: 061

Title: Financial Freedom through Cash Flow w/ Anna Sergunina

Show notes:

Anna is the President and CEO at MainStreet Financial Planning Inc. She is passionate about everything in personal finance and helping others achieve financial freedom.

MainStreet Financial Planning Inc. is a fee only financial planning firm founded in 2002. Anna joined the team and became the president in 2006. Anna's long term goal is to grow Mainstreet into a household brand for financial planning.

On this episode you'll learn:

• Anna's Background and how she became a CFP

• Differences between a CFP vs a Financial Advisor

• The concept of Money Roadmap

• Anna's definition of financial freedom

• Different types of cashflowing assets

• How to pick your financial planner

• Money Dates w/ your partner or yourself

Contact Info:

Instagram: https://www.instagram.com/anna8sergunina
LinkedIn: https://www.linkedin.com/in/anna-sergunina-b5a762182

Bigger Cash Flow Podcast 060: Portfolio lending through CoreVest w/ Ramsey Kassih

Welcome to the Bigger Cash Flow podcast, where each week, we share tips and tricks on how to grow your monthly cash flow and get out of the rat race. We also interview real estate investors and business owners to gain insight into how you too can reach your goals of financial freedom. For more information on investing, real estate, and increasing your overall cash flow, head on over to biggercashflow.com and check out some of the blog posts.

Episode: 060

Title: Portfolio lending through CoreVest w/ Ramsey Kassih

Show notes:

Today we are excited to have Ramsey on the podcast. Ramsey is currently working at CoreVest Finance and is helping investors obtain portfolio financing. Ramsey is also an investor himself, growing up while also working on rentals with his family. He currently owns a portfolio in the Pittsburgh market.

CoreVest Finance was founded in 2014 to meet the demand for affordable capital for a broad range of residential real estate investors. CoreVest's goal is to help investors scale by bringing attractive loan products to investors. To date, CoreVest has funded more than 40,000 units, closing over $6 billion in loans processed! Bo was able to use CoreVest to help scale his portfolio to where he is today. Please follow along to see the world of commercial lending and what you can expect when working with CoreVest!

On this episode you'll learn:

• Ramsey's background and his work at CoreVest

• Introduction to CoreVest's Rental Portfolio Product

• Differences between commercial lending vs the conventional lending

• Some criteria that commercial lenders are looking for - specific to CoreVest

• The application process with CoreVest

• The underwriting process with CoreVest

• How LLC's play into the commercial portfolio lending

• LTV requirements from CoreVest

• General Terms that you might see working with CoreVest

• Some things to look out for such as prepayment penalty with Commercial Portfolio loans

• Other Products that CoreVest offers

Contact Info:

Website: https://www.corevestfinance.com/
LinkedIn: https://www.linkedin.com/in/ramsey-kassih

Bigger Cash Flow Podcast 059: Investing into Self Storage Syndications w/ Kris Benson

Welcome to the Bigger Cash Flow podcast, where each week, we share tips and tricks on how to grow your monthly cash flow and get out of the rat race. We also interview real estate investors and business owners to gain insight into how you too can reach your goals of financial freedom. For more information on investing, real estate, and increasing your overall cash flow, head on over to biggercashflow.com and check out some of the blog posts.

Episode: 059

Title: Investing into Self Storage w/ Kris Benson

Show notes:

Kris started his real estate investing journey like most investors, after realizing that his W2 was his only stream of income - he wanted to diversify into other streams. From there Kris was able to build a portfolio of 22 units consisting of single family or small multifamily properties all while working his W2 job. After getting to 22 units Kris had a mindset shift, wanting to move into more bigger deals. He was able to segway into a 64 unit ground up commercial deal. After successfully completing this project, Kris knew that he wanted to continue on commercial investing - but had stumbled upon self storage buildings. After diving deeper into self storage he knew that was the asset class he wanted to be in.

Today, Kris is with Reliant Investments as the Chief Investment Officer. Kris leads and manages the company's investment committee, which determines what self storage properties to purchase with their investors. Along with being part of this community, Kris also manages the investor relations securing capital at Reliant Investments.

On this episode you'll learn:

• Kris' W2 story and his shift into Real Estate

• The mindset shift into bigger deals

• Ground up development

• Syndication Investing

• Why self storage is a strong asset class

• Value Add techniques for Self Storage

• Investing tips as a limited partner

Contact Info:

Website: https://www.krisbenson.com/
LinkedIn: https://www.linkedin.com/in/kris-benson

Bigger Cash Flow Podcast 058: Growing a large out of state portfolio through creative financing w/ Nick Giulioni

Welcome to the Bigger Cash Flow podcast, where each week, we share tips and tricks on how to grow your monthly cash flow and get out of the rat race. We also interview real estate investors and business owners to gain insight into how you too can reach your goals of financial freedom. For more information on investing, real estate, and increasing your overall cash flow, head on over to biggercashflow.com and check out some of the blog posts.

Episode: 058

Title: Growing a large out of state portfolio through creative financing w/ Nick Giulioni

Show notes:

Nick started his journey like most of us, in a strong W2 job that he has built a career in. Spending time in his career at some big name companies such as Corsair and Razer. Nick realized that while he loves his W2 job, he wanted more consistent cashflow that was not dependant on his W2 job.

In the short 2 years that Nick has found real estate, he has grown his profile to over 46 units! First starting off with a house hack in his local market, then expanding out into out of state markets.

On this episode you'll learn:

• Nick's background and his beginning journey into Real Estate

• Investing out of State

• BRRRR method investing

• Creative Financing

• Structuring Deals with Partners

• Equity vs Cashflow

• Due diligence tips and tricks

Contact Info:

Website: https://giulionirealestate.com/

BiggerPockets Profile: https://www.biggerpockets.com/users/nickg45

Bigger Cash Flow Podcast 057: From Professional Sports to Investing w/ Sunitha Rao

Welcome to the Bigger Cash Flow podcast, where each week, we share tips and tricks on how to grow your monthly cash flow and get out of the rat race. We also interview real estate investors and business owners to gain insight into how you too can reach your goals of financial freedom. For more information on investing, real estate, and increasing your overall cash flow, head on over to biggercashflow.com and check out some of the blog posts.

Episode: 057

Title: From professional sports to professional investing w/ Sunitha Rao

Show notes:

Sunitha had a professional tennis career at the age of 14 for nearly a decade. At 23, she found herself retiring from pro tennis and had a 6th grade level education along with little savings. She was committed to find a way to better her personal finance!

Fast foward to today - Sunitha was able to attend a fantastic undergrad school at Babson, then completing her MBA at Villanova. She entered into the W2 space in Financial planning, however she shortly realized that she was confined to a single source of income. She then began her quest into other sources of bigger cashflow. She eventually stumbled onto real estate investing and has been hooked ever since!

Since 2018, Sunitha has acquired and is living in a house hack as well as purchasing 7 units! Starting off in a high income market (Boston) and then eventually leverage a remote W2 to live where she is investing!

On this episode you'll learn:

• Sunitha's career in pro sports and her transition out of it

• Living in a high cost market and investing out of state

• Finding an out of state market

• Sunitha's move from Boston to Indy

• Her first deal and property classes

• Sunitha's approach to her rental investing

• Tips and tricks on building a team

Contact Info:

Website: https://www.griffixpropertygroup.com/
Email: sunitha@griffixpropertygroup.com

Bigger Cash Flow Podcast 056: Hard Money Lending 101 w/ Ryan Wright

Welcome to the Bigger Cash Flow podcast, where each week, we share tips and tricks on how to grow your monthly cash flow and get out of the rat race. We also interview real estate investors and business owners to gain insight into how you too can reach your goals of financial freedom. For more information on investing, real estate, and increasing your overall cash flow, head on over to biggercashflow.com and check out some of the blog posts.

Episode: 056

Title: Hard Money Lending 101 w/ Ryan Wright

Show notes:

Ryan has been in the real estate field for nearly 20 years now. He started his career off as an agent, quickly achieveing allocalades such as "Real Estate Rookie of the year" and his company won "Best of State" as well. While working as an agent, Ryan would work along side investors helping them secure properties. However Ryan realized that he wanted to be on the buyer side and become a fix and flipper himself. After completing several hundred successful flips Ryan wanted to shift his focus and help investors get the funding they need quickly and from reputable sources.

With this new focus in mind Ryan created DoHardMoney.com. DoHardMoney is a hard money lender that can provide a plethora of products such as no money down (good credit and track record required). Ryan has committed himself to helping others find a fantastic lender that they can trust.

Today, Ryan is still running DoHardMoney along with helping new investors achieve their goal of bigger cashflow!

On this episode you'll learn:

• Ryan's story and his intro to real estate and lending space

• Hard Money vs Private Money

• Do Hard Money lending criteria

• Mistakes that some investors will make

• Challenges that fix and flippers may face when using HML

• Estimating rehab costs from the lender perspective

• Tips for finding contractors

• Current climate of HML lenders

Contact Info:

Website: https://www.dohardmoney.com/

BiggerPockets Profile: https://www.biggerpockets.com/users/ryangwright

Bigger Cash Flow Podcast 055: Investing In Commercial Multifamily with Paul Moore

Welcome to the Bigger Cash Flow podcast, where each week, we share tips and tricks on how to grow your monthly cash flow and get out of the rat race. We also interview real estate investors and business owners to gain insight into how you too can reach your goals of financial freedom. For more information on investing, real estate, and increasing your overall cash flow, head on over to biggercashflow.com and check out some of the blog posts.

Episode: 055

Title: Investing In Commercial Multifamily with Paul Moore

Show notes:

Paul started his career in a W2 at Ford Motor Company after earning an MBA from Ohio State. After 5 years at Ford, Paul started a staffing company with a partner.

Five years later, Paul and his partner sold the staffing company to a publicly traded firm for $2.9 million.

Paul later entered the real estate sector where he flipped over 50 homes and 25 high end water-front lots. Along with flipping, Paul developed a subdivision, started two successful online real estate marketing firms, as well as appearing on HGTV's House Hunters!

After three more successful developments, including the development of the Hyatt hotel and a multifamily project, Paul entered the commercial multifamily market. Since then Paul has written a book - The Perfect Investment: Create Enduring Wealth from Historic Shift to Multifamily Housing, and is a co-host of the wealth-building podcast: How to Lose Money.

On this episode you'll learn:

• Paul’s background and journey in business, real estate, and entrepreneurship

• The pros and cons of stocks, bonds + mutual funds

• The pros and cons of commercial real estate

• The difference between investing and speculating—and why you don’t want to confuse the two

• The challenges of being an active investor

• The commercial value formula

• Understanding commercial real estate from the lens of an LP

  • Simple things operators can do to increase income

  • Simple things operators can do to compress the cap rate

• Wellings Capital’s strategy in 2020 and beyond

Contact Info:

Website: https://www.wellingscapital.com/about

Biggerpockets Profile: https://www.biggerpockets.com/users/paultmoore

Bigger Cash Flow Podcast 054: Purchasing Value Add Multi-Family Units with Chris Grenzig

Welcome to the Bigger Cash Flow podcast, where each week, we share tips and tricks on how to grow your monthly cash flow and get out of the rat race. We also interview real estate investors and business owners to gain insight into how you too can reach your goals of financial freedom. For more information on investing, real estate, and increasing your overall cash flow, head on over to biggercashflow.com and check out some of the blog posts.

Episode: 054

Title: Purchasing Value Add Multi-Family Units with Chris Grenzig

Show notes:

Chris Grenzig focuses on managing, sourcing, evaluating, and acquiring new assets for Toro’s Multifamily Portfolio. Also, he contributes substantially to capital raising, negotiating joint ventures, financings, and dispositions. Chris has been with Toro since 2016 and has contributed to over 2600 units acquired worth over $155 mil.

Before joining Toro Real Estate Partners, Chris worked in finance at small boutique firm in Rockville Centre, NY. Chris graduated Hofstra University where he earned his Bachelor’s in Business Management, and played Division 1 soccer for 4 years on scholarship.

On this episode you'll learn:

-Chris’s Background and how he got started in Real Estate
-Buying a Course / Paying for a mentor
-Flipping vs Buy and Hold
-Starting with smaller Multifamily
-Partnering up with experienced investors
-Scaling and syndicating larger Apartments
-Evaluating Deals
-Value Add Elements / Things to look for
-Managing a Multifamily Apartment Portfolio

Contact Info:

Youtube: https://www.youtube.com/watch?v=_jh7NVcTiDY
Investing: https://tororep.com/our-team-v2/

Bigger Cash Flow Podcast 053: Buying Your First Rental Property - Managing and Scaling Your Portfolio

Welcome to the Bigger Cash Flow podcast, where each week, we share tips and tricks on how to grow your monthly cash flow and get out of the rat race. We also interview real estate investors and business owners to gain insight into how you too can reach your goals of financial freedom. For more information on investing, real estate, and increasing your overall cash flow, head on over to biggercashflow.com and check out some of the blog posts.

Episode: 053

Title: Buying Your First Rental Property - Managing and Scaling Your Portfolio

Show notes:

Join Bigger Cash Flow host Bo Kim on his new series “Buying Your First Rental Property” in 2020. Bo has acquired over 61 rental units over the past three years using various strategies such as BRRRR, Seller Financing, Private/Hard Money, Portfolio Lending, Subject To and Partnerships using little to none of his own money. Bo is passionate about sharing his story on how the average person can create wealth through real estate and generate passive income.

On this episode you'll learn:

- Next steps after closing on your property
- Managing your Managers
- Record keeping and maintenance
- Financial Review
- Spend less and Invest the difference
- Private Lenders
- BRRRR
- HELOC
- Portfolio Lending/Commercial Financing
- Partnerships

Contact Info:

Instagram: @biggercashflow
Email: bo@biggercashflow.com

Bigger Cash Flow Podcast 052: Buying Your First Rental Property - Due Diligence Process

Welcome to the Bigger Cash Flow podcast, where each week, we share tips and tricks on how to grow your monthly cash flow and get out of the rat race. We also interview real estate investors and business owners to gain insight into how you too can reach your goals of financial freedom. For more information on investing, real estate, and increasing your overall cash flow, head on over to biggercashflow.com and check out some of the blog posts.

Episode: 052

Title: Buying Your First Rental Property - Due Diligence Process

Show notes:

Join Bigger Cash Flow host Bo Kim on his new series “Buying Your First Rental Property” in 2020. Bo has acquired over 61 rental units over the past three years using various strategies such as BRRRR, Seller Financing, Private/Hard Money, Portfolio Lending, Subject To and Partnerships using little to none of his own money. Bo is passionate about sharing his story on how the average person can create wealth through real estate and generate passive income.

On this episode you'll learn:

- Offer Acceptance
- Earnest Money Deposit
- Home Inspection / Due Diligence
- Title Work Review
- Renegotiation
- Mortgage Approval / Appraisal
- Signing Closing Documents
- Preparing for Property Management / Rehab

Contact Info:

Instagram: @biggercashflow
Email: bo@biggercashflow.com

Bigger Cash Flow Podcast 051: Buying Your First Rental Property - Underwriting / Analysis

Welcome to the Bigger Cash Flow podcast, where each week, we share tips and tricks on how to grow your monthly cash flow and get out of the rat race. We also interview real estate investors and business owners to gain insight into how you too can reach your goals of financial freedom. For more information on investing, real estate, and increasing your overall cash flow, head on over to biggercashflow.com and check out some of the blog posts.

Episode: 051

Title: Buying Your First Rental Property - Underwriting / Analysis

Show notes:

Join Bigger Cash Flow host Bo Kim on his new series “Buying Your First Rental Property” in 2020. Bo has acquired over 61 rental units over the past three years using various strategies such as BRRRR, Seller Financing, Private/Hard Money, Portfolio Lending, Subject To and Partnerships using little to none of his own money. Bo is passionate about sharing his story on how the average person can create wealth through real estate and generate passive income.

On this episode you'll learn:

- Gathering the Rental Property Facts
- Property Selection Criteria
- Quantitative vs Qualitative Analysis
- Lead Generation “Funnel”
- Determining your Cash Flow
- How much you will need to close
- Calculating ROI
- Rookie Investor Mistakes

Contact Info:

Instagram: @biggercashflow
Email: bo@biggercashflow.com

Bigger Cash Flow Podcast 050: Rental Property Management Basics with Ashley Mullin

Welcome to the Bigger Cash Flow podcast, where each week, we share tips and tricks on how to grow your monthly cash flow and get out of the rat race. We also interview real estate investors and business owners to gain insight into how you too can reach your goals of financial freedom. For more information on investing, real estate, and increasing your overall cash flow, head on over to biggercashflow.com and check out some of the blog posts.

Episode: 050

Title: Rental Property Management Basics with Ashley Mullin

Show notes:

FS Houses is an innovative real estate company owned and operated by Ryan and Ashley Mullin, with a combined 20 years of experience between the 2 founders, their focus is to bring affordable yet unique houses to urban Indianapolis neighborhoods.

Ashley moved to Indianapolis for her sophomore year of high school at Bishop Chatard. In 2005, she graduated with an accounting and finance degree from the Kelley school of business at IU. Shortly thereafter, she took a job running a property management / real estate investing start up company that she helped grow from 75 doors in 2006 to over 1100 doors under management in 2013. With over a decade of experience, Ashley has seen and dealt with just about every situation in residential real estate.

On this episode you'll learn:

1) Ashley’s background
2) FS Houses PM side business model
3) Why Indy? Characteristics of the Indy Market
4) Tenant Pool Demographics / Screening Process/Qualifications
5) How FS works with investorsIdeal Partnership
6) COVID impact on Property Management
- Reviewing April / Looking ahead to May
- Physical/Economic Vacancy?
- Average time to fill a vacancy (rough estimate?)
- Marketing Strategies?
- How can Investors better prepare for these situations?
- What makes a successful investor?

Contact Info:

Instagram: @biggercashflow
Email: bo@biggercashflow.com

www.FSHouses.com/rent

Bigger Cash Flow Podcast 049: Coronavirus’ (COVID-19) impact on Real Estate Investing

Welcome to the Bigger Cash Flow podcast, where each week, we share tips and tricks on how to grow your monthly cash flow and get out of the rat race. We also interview real estate investors and business owners to gain insight into how you too can reach your goals of financial freedom. For more information on investing, real estate, and increasing your overall cash flow, head on over to biggercashflow.com and check out some of the blog posts.

Episode: 049

Title: Coronavirus’ (COVID-19) impact on Real Estate Investing

Show notes:

Join Bo as he talks about the impact of COVID-19 / Coronavirus on Real Estate with fellow Indianapolis Investors Nick, Dan, and Mihir.

On this episode you'll learn:

1) Introductions
2) Recapping the month of April 2020
3) Tips on managing pm/tenants
4) Should we be buying? (e.g. buy and hold, flips, what kind of assets? Neighborhoods? rent ranges?)
5) Personal thoughts impact of COVID-19 on the economy and real estate and lessons learned so far
6) Investing Strategies: What will change going forward, if any.
7) Lending: What are we seeing in the market
8) How can we prepare for new opportunities (e.g. Direct marketing, education, networking, branding, systems/processes

Contact Info:

Instagram: @biggercashflow
Email: bo@biggercashflow.com

Nick’s Blog: https://giulionirealestate.com/living-on-the-principle-blog/partnering-with-residents-through-a-pandemic

Bigger Cash Flow Podcast 048: Buying Your First Rental Property - Financing your First Rental

Welcome to the Bigger Cash Flow podcast, where each week, we share tips and tricks on how to grow your monthly cash flow and get out of the rat race. We also interview real estate investors and business owners to gain insight into how you too can reach your goals of financial freedom. For more information on investing, real estate, and increasing your overall cash flow, head on over to biggercashflow.com and check out some of the blog posts.

Episode: 048

Title: Buying Your First Rental Property - Financing your First Rental

Show notes:

Join Bigger Cash Flow host Bo Kim on his new series “Buying Your First Rental Property” in 2020. Bo has acquired over 61 rental units over the past three years using various strategies such as BRRRR, Seller Financing, Private/Hard Money, Portfolio Lending, Subject To and Partnerships using little to none of his own money. Bo is passionate about sharing his story on how the average person can create wealth through real estate and generate passive income.

On this episode you'll learn:

- Types of Financing
- Cash vs Credit
- Conventional Financing
- Fannie Mae, Freddie Mac
- FHA Programs
- VA Loans
- Portfolio Lenders (Credit Unions/Local Banks)
- Questions to ask your lender
- Pre-Approval Documents

Contact Info:

Instagram: @biggercashflow
Email: bo@biggercashflow.com

Bigger Cash Flow Podcast 047: Buying Your First Rental Property - How to Find a Contractor and PM

Welcome to the Bigger Cash Flow podcast, where each week, we share tips and tricks on how to grow your monthly cash flow and get out of the rat race. We also interview real estate investors and business owners to gain insight into how you too can reach your goals of financial freedom. For more information on investing, real estate, and increasing your overall cash flow, head on over to biggercashflow.com and check out some of the blog posts.

Episode: 047

Title: Buying Your First Rental Property - How to Find a Contractor and PM

Attention all SoCal Investors: Passive Investing Real Estate Summit Hosted by ThinkMultifamily is coming to Newport Beach, CA on Saturday, March 14th, 2020 at the Resort on Pelican Hill. BiggerCashFlow listeners get 10% off when they register using my code “PASSIVE10” at https://thinkmultifamily.com/passive-investing-real-estate-summit/#speakers. Get your early bird tickets today!

Show notes:

Join Bigger Cash Flow host Bo Kim on his new series “Buying Your First Rental Property” in 2020. Bo has acquired over 61 rental units over the past three years using various strategies such as BRRRR, Seller Financing, Private/Hard Money, Portfolio Lending, Subject To and Partnerships using little to none of his own money. Bo is passionate about sharing his story on how the average person can create wealth through real estate and generate passive income.

On this episode you'll learn:

- Self Managing vs Hiring a Third Party Manager
- Benefits of Hiring a PM
- What does a PM do?
- Managing the Manager (Best Practices)
- How to find a Broker/Agent
- Questions to ask a Broker
- How to find a General Contractor
- Questions to ask a GC

Contact Info:

Instagram: @biggercashflow
Email: bo@biggercashflow.com

Bigger Cash Flow Podcast 046: Buying Your First Rental Property - Market Analysis

Welcome to the Bigger Cash Flow podcast, where each week, we share tips and tricks on how to grow your monthly cash flow and get out of the rat race. We also interview real estate investors and business owners to gain insight into how you too can reach your goals of financial freedom. For more information on investing, real estate, and increasing your overall cash flow, head on over to biggercashflow.com and check out some of the blog posts.

Episode: 046

Title: Buying Your First Rental Property - Market Analysis

Attention all SoCal Investors: Passive Investing Real Estate Summit Hosted by ThinkMultifamily is coming to Newport Beach, CA on Saturday, March 14th, 2020 at the Resort on Pelican Hill. BiggerCashFlow listeners get 10% off when they register using my code “PASSIVE10” at https://thinkmultifamily.com/passive-investing-real-estate-summit/#speakers. Get your early bird tickets today!

Show notes:

Join Bigger Cash Flow host Bo Kim on his new series “Buying Your First Rental Property” in 2020. Bo has acquired over 61 rental units over the past three years using various strategies such as BRRRR, Seller Financing, Private/Hard Money, Portfolio Lending, Subject To and Partnerships using little to none of his own money. Bo is passionate about sharing his story on how the average person can create wealth through real estate and generate passive income.

On this episode you'll learn:

- Cyclical vs Linear Markets
- Location, Location, Location
- Population Growth
- Job Growth and Economic Diversity
- Crime Rates
- Neighborhood Classes
- State and Local Taxes
- Turnkey Providers
- Underwriting Your Markets
- Verifying Proof of Concept

Contact Info:

Instagram: @biggercashflow
Email: bo@biggercashflow.com

Bigger Cash Flow Podcast 045: Buying Your First Rental Property - Goal Setting

Welcome to the Bigger Cash Flow podcast, where each week, we share tips and tricks on how to grow your monthly cash flow and get out of the rat race. We also interview real estate investors and business owners to gain insight into how you too can reach your goals of financial freedom. For more information on investing, real estate, and increasing your overall cash flow, head on over to biggercashflow.com and check out some of the blog posts.

Episode: 045

Title: Buying Your First Rental Property - Goal Setting

Attention all SoCal Investors: Passive Investing Real Estate Summit Hosted by ThinkMultifamily is coming to Newport Beach, CA on Saturday, March 14th, 2020 at the Resort on Pelican Hill. BiggerCashFlow listeners get 10% off when they register using my code “PASSIVE10” at https://thinkmultifamily.com/passive-investing-real-estate-summit/#speakers. Get your early bird tickets today!

Show notes:

Join Bigger Cash Flow host Bo Kim on his new series “Buying Your First Rental Property” in 2020. Bo has acquired over 61 rental units over the past three years using various strategies such as BRRRR, Seller Financing, Private/Hard Money, Portfolio Lending, Subject To and Partnerships using little to none of his own money. Bo is passionate about sharing his story on how the average person can create wealth through real estate and generate passive income.

On this episode you'll learn:

- Lessons from Rich Dad Poor Dad
- Determine your WHY
- Real Estate Strategies
- Short-term goals
- Long-term goals
- Big Picture, Small Actionable Steps
- Action Items

Contact Info:

Instagram: @biggercashflow
Email: bo@biggercashflow.com

Bigger Cash Flow Podcast 044: Insights from a Millennial Real Estate Investor w/ Garrett Hawk

Welcome to the Bigger Cash Flow podcast, where each week, we share tips and tricks on how to grow your monthly cash flow and get out of the rat race. We also interview real estate investors and business owners to gain insight into how you too can reach your goals of financial freedom. For more information on investing, real estate, and increasing your overall cash flow, head on over to biggercashflow.com and check out some of the blog posts.

Episode: 044

Title: Insights from a Millennial Real Estate Investor w/ Garrett Hawk

Show notes:

Garrett Hawk joins us this week and shares his story of how he has acquired over 300 units at only 27 years old. Garrett dropped out of college at 19 to start buying rental properties in the small college town where he lived. He has experience in working other businesses such as owning gas stations and will share how he grew his portfolio to 56 units with his own money. Since then, he has become an expert on finding ways to partner and leverage equity to keep growing his portfolio and help others invest in real estate.

On this episode you'll learn:

- Garrett’s Background
- Experience owning gas station business
- Transition into multifamily apartments
- Seller financed, creative real estate investments
- Managing rental properties
- Creating win-win relationships