The Mentor Podcast Ron LeGrand

What you'll learn about in this episode:
In this exciting episode of The Mentor Podcast, Ron is joined by Mark Kole and Melissa Wolf to introduce an innovative global real estate marketplace, GPI Marketplace. This episode is a game-changer for real estate investors, offering a platform that enables buying, selling, and investing in properties worldwide with unparalleled ease and efficiency. From the intricacies of tokenization and blockchain in real estate to practical tools for investors at all levels, this episode is packed with information that promises to transform the way real estate investing is done.
Key Topics Covered:
Introduction to GPI Marketplace: A global platform for real estate investors, offering a comprehensive suite of tools for buying, selling, and investing in properties without traditional barriers. Tokenization and Blockchain in Real Estate: An in-depth discussion on how GPI Marketplace leverages blockchain technology to enable tokenization of properties, allowing for fractional ownership and investment opportunities. Navigating the Platform: Insights into how the marketplace operates, including creating a buy box for personalized property alerts, listing properties for sale, and accessing a network of motivated sellers and investor-friendly services. Digital Offer and Closing Processes: The process of making digital offers, interacting with sellers, and utilizing integrated title companies for streamlined closing processes, emphasizing the importance of direct communication. Investment Opportunities: How investors can passively invest in tokenized real estate projects, including pooled properties, with an explanation of the benefits and the process of tokenization. Support for New and Seasoned Investors: GPI Marketplace as a resource-rich platform for both new investors learning the ropes and seasoned professionals looking for efficiency and broader market access. Anticipated Impact on the Real Estate Industry: Reflections on how the GPI Marketplace is poised to change the real estate landscape by connecting investors globally, offering digital solutions, and introducing new investment methodologies like tokenization. Resources:
Join the GPI Marketplace for FREE at www.GPIMarketplace.com Sign up for a Free Mentor Panning Session: https://www.RonLeGrand.com/Plan Free Training: www.TheMentorPodcast.com/Terms Get Ron’s $599 Wholesaling course for FREE when you join his Gold Club for ONLY $59 a month! – www.TheMentorPodcast.com/GC160

Episode 159:
As an Army Officer with over 8 years of service, Brent Bowers was spending a great deal of time away from his family, and he knew he needed to make some changes in order to be more present with his wife and children. His interest in real estate began in 2007 when he purchased his first home and began exploring real estate investing as a way to support his family while being able to enjoy more time with them, as well. 
In a short amount of time, Brent was able to expand his business, hire a team and, most importantly, spend quality time with his family while still working hard and helping others. While Brent invests in many different types of real estate, his most successful investment strategy is buying and selling vacant land, and he enjoys sharing his expertise in this area. Brent chooses to live his life based on Bob Burg’s quote, “Your influence is determined by how abundantly you place other people’s interests first.” He is passionate about helping other people find success in real estate investing, particularly in land investments.
What you'll learn about in this episode:
In this engaging episode of The Mentor Podcast, host Ron LeGrand invites special guest Brent Bowers, a remarkable entrepreneur thriving in the land investment niche. Together, they delve into the world of land flipping, offering listeners an insightful look into creating additional income streams through real estate, specifically focusing on the unique opportunities vacant land presents. Brent shares his journey from starting in real estate, facing setbacks, and eventually finding success in land investing, highlighting the strategic approaches and mindset shifts that led to his accomplishments.
Key Topics Covered:
Introduction to Land Flipping: Brent shares his journey from initial struggles in real estate to discovering and excelling in the niche of land flipping, emphasizing the simplicity and effectiveness of his investment strategy. The Appeal of Vacant Land: The discussion highlights the benefits of investing in vacant land, such as the lack of maintenance, the potential for seller financing, and the significant interest income generated from these investments. Strategies for Acquiring and Selling Land: Brent details his process for identifying undervalued land, acquiring it at a discount, and selling it at a profit. He emphasizes the importance of seller financing as a method to generate passive income. The Role of Direct Mail in Land Flipping: The episode covers the specifics of Brent's direct mail strategy, including sending postcards and offer letters to landowners who might be motivated to sell, and how this approach generates leads and deals. Scaling the Business and Delegation: Brent speaks on scaling his land flipping business, the importance of delegation, and utilizing systems like CRM tools to manage the process efficiently. Market Selection and Research: Insights into selecting the right markets for land flipping are shared, with Brent discussing how he uses tools like Redfin to analyze demand and set pricing strategies for different regions. Success Stories and Practical Tips: The episode features success stories from Brent’s land flipping ventures, providing listeners with practical tips and encouraging them to take action based on the valuable information shared. Resources:
For more information and to get a copy of Brent's postcard, go to www.RonLeGrand.com/Land and someone will reach out to you shortly! Sign up for a Free Mentor Panning Session: https://www.RonLeGrand.com/Plan Free Training: www.TheMentorPodcast.com/Terms Get Ron’s $599 Wholesaling course for FREE when you join his Gold Club for ONLY $59 a month! – www.TheMentorPodcast.com/GC159

Episode 158:
Stephen Hall is a dynamic and accomplished individual with a diverse range of expertise spanning the fields of taxation, technology, and entrepreneurship. As the CEO of Robert Hall & Associates, a leading regional tax accounting firm, he has been instrumental in growing the client base to over 2500 companies and 7000 families with their tax-related needs. With a specialization in serving landlords, business owners, and online businesses, Stephen and his team of experts provide invaluable guidance and support in navigating the complexities of taxation.
What you'll learn about in this episode: In this insightful episode of The Mentor Podcast, host Ron LeGrand is joined by Stephen Hall, an enrolled agent specializing in real estate taxation. Together, they delve into critical tax considerations for real estate investors, aiming to shed light on common IRS pitfalls and strategies for tax savings. Whether you're transitioning from a job to entrepreneurship or you're a seasoned landlord, this episode is packed with valuable advice to keep you compliant and financially savvy.
Key Topics Covered:
Understanding IRS Penalties: Learn about the new penalties and compliance requirements for real estate investors, including the importance of issuing 1099 forms to vendors and the consequences of non-compliance. Quarterly Tax Payments: Discover the significance of making quarterly tax payments as an entrepreneur and the potential penalties for underpayment. Beneficial Ownership Reporting Program: Uncover the latest IRS requirement for reporting beneficial ownership of legal entities, its implications for LLCs, corporations, and trusts, and how to avoid hefty daily fines. Tax Deductions for Landlords: Explore commonly overlooked tax deductions for landlords, including home office expenses, insurance premiums, and property management costs. Depreciation and Real Estate Professional Status: Understand the rules surrounding depreciation and how qualifying as a real estate professional can impact your tax deductions. IRS Notices and Audits: Get expert advice on handling IRS notices and audits, emphasizing the importance of consulting with a tax professional rather than engaging directly with the IRS.
Record-Keeping and Expense Tracking: Emphasize the critical role of diligent record-keeping and expense tracking in real estate investing to ensure accurate tax filings and maximize deductions. Future Tax Code Changes: Gain insights into potential future changes in the tax code affecting real estate investors, particularly in light of upcoming elections and shifts in IRS enforcement strategies. Stephen Hall offers a complimentary 30-minute program to review your tax situation, providing a proactive approach to managing your real estate taxes and avoiding pitfalls.
Contact Information: For personalized tax advice and to learn more about Stephen Hall's services, visit Robert Hall Taxes or email them directly.
Resources:
Sign up for a Free Mentor Panning Session: https://www.RonLeGrand.com/Plan Free Training: www.TheMentorPodcast.com/Terms Get Ron’s $599 Wholesaling course for FREE when you join his Gold Club for ONLY $59 a month! – www.TheMentorPodcast.com/GC158  

What you'll learn about in this episode:
In this informative session of The Mentor Podcast, Ron LeGrand continues his deep dive into the 32 fatal mistakes most real estate investors make, with a special focus on the selling process. Ron shares invaluable insights from his extensive experience to help you avoid common traps and boost your financial stability through real estate investing.
Key Topics Covered:                                                                           
The downside of renting houses versus the benefits of lease options, including securing large deposits and delegating repair responsibilities. Understanding tenant buyers' mindset and the advantage of collecting substantial upfront payments. Strategies for lease optioning properties in less desirable areas and maximizing your income potential. The importance of setting terms that deter tenant buyers from defaulting on payments. Ron's approach to selling properties without revealing the deposit or rent upfront, leveraging automation and systems for efficiency. The significance of not underpricing your property and how to justify higher selling prices to potential buyers. Using tax-advantaged entities such as Roth IRAs, Solo 401(k)s, and 1031 exchanges to enhance your real estate investments. The critical mistake of pushing tenant buyers to cash you out and why it's beneficial to maintain long-term control over your properties. Closing Thoughts:
Ron wraps up this episode by encouraging listeners to apply the lessons learned to avoid the pitfalls that can hinder your real estate investment profits. Stay tuned for more expert guidance on achieving financial freedom through real estate.
Connect with Ron: For more insights and strategies from Ron LeGrand, visit ConnectWithAMentor.com to learn how you can grow and protect your wealth through real estate investing.
Resources:
Sign up for a Free Mentor Panning Session: https://www.RonLeGrand.com/Plan Free Training: www.TheMentorPodcast.com/Terms Get Ron’s $599 Wholesaling course for FREE when you join his Gold Club for ONLY $59 a month! – www.TheMentorPodcast.com/GC157 Ron's Speacial Offer for his Cash Flow Systems courses plus Bonuses www.RonLeGrand.com/TermsSpecial  

What you’ll learn about in this episode: 
In this enlightening episode of The Mentor Podcast, Ron LeGrand delves into the pivotal aspects of real estate investing, emphasizing the necessity of generating quality leads and mastering the closing call. He offers practical advice on avoiding common pitfalls such as wasteful marketing spending and the influence of dream stealers. By advocating for the use of proven scripts and strategic questioning, he guides investors towards making informed offers and understanding their exit strategies. He also highlights the significance of learning from mistakes and the inherent value of terms deals over cash transactions.
Key Topics Covered:
Key Ingredients to Success in Real Estate: The importance of generating quality leads and mastering the closing call to make deals happen. Avoiding Wasteful Marketing Spending: Learning the closing call before investing heavily in marketing to ensure leads are effectively converted into deals. Utilizing Scripts for Effective Communication: How following proven scripts can prevent talking yourself out of deals and improve negotiation skills. Importance of Asking Questions: Techniques for making offers by asking the right questions and letting sellers provide the terms. Avoiding Influence from Dream Stealers: Overcoming negativity from those who doubt your success in real estate investing. Learning from Mistakes: Acknowledging that mistakes are part of the learning process and how to minimize their impact. Knowing Your Exit Strategy Before Making Offers: Understanding how you'll exit a deal influences the quality of the offer you make. Generating Quality Leads Effectively: Strategies for lead generation without excessive spending, including door hanger campaigns and utilizing virtual assistants for online ads. Handling Offers and Negotiations: Utilizing scripts and questions to guide negotiations and secure favorable terms. Overcoming Common Mistakes in Buying: Insights into mistakes made when buying properties, such as overpaying and not knowing your exit strategy. The Value of Terms Deals: The benefits of terms deals over cash deals, including continuous income and the potential for future paydays. Preparing for the Next Session: Introduction to the upcoming session focused on mistakes made when selling houses and how to avoid them. Closing Thoughts:
As we anticipate the next session on selling mistakes, this episode serves as a crucial guide for investors aiming to navigate the complexities of buying properties and securing profitable deals with confidence and expertise.
Connect with Ron: For more insights and strategies from Ron LeGrand, visit ConnectWithAMentor.com to learn how you can grow and protect your wealth through real estate investing.
Resources:
Sign up for a Free Mentor Panning Session: https://www.RonLeGrand.com/Plan Free Training: www.TheMentorPodcast.com/Terms Get Ron’s $599 Wholesaling course for FREE when you join his Gold Club for ONLY $59 a month! – https://TheMentorPodcast.com/GC156

What you’ll learn about in this episode:  In this enlightening episode of The Mentor Podcast, Ron dives deep into the crucial mistakes and lessons learned in the realm of real estate investing.
From making promises you can't keep to the importance of persistence, Ron shares invaluable insights garnered from his extensive experience to help you navigate the complex landscape of real estate with confidence and success.
Key Topics Covered:
·         The Danger of Promises: Understand the importance of only making promises you can keep in real estate transactions. Ron emphasizes the risk of damaging relationships and credibility by failing to fulfill promises made to sellers or buyers.
·         Transparent Communication: Learn the significance of clear and honest communication. Telling it like it is cannot only save relationships but also make deals smoother and more reliable.
·         Terms Business Explained: Ron provides a detailed example of a successful terms deal, highlighting the benefits of buying and selling on terms, including no money down, no credit, and the potential for significant profit through appreciation and cash flow.
·         Persistence Pays Off: Ron discusses the common pitfall of giving up too soon. He encourages listeners to adopt the mindset of successful entrepreneurs who persevere through challenges and stay focused on their goals.
·         Dealing with Rejection and Failure: Discover strategies for handling setbacks and learning from them. Ron stresses the importance of developing resilience and the ability to solve problems quickly as key traits of successful real estate investors.
·         The Importance of Education and Implementation: Ron urges listeners to invest in their education and take action on what they've learned. He highlights the critical role of implementation in turning knowledge into tangible results.
·         Building Your Real Estate Portfolio: Ron shares his philosophy on building wealth through real estate, advocating for acquiring properties on terms and leveraging them for long-term gain rather than quick cash-outs.
Closing Thoughts: Ron Le Grand wraps up the episode with a powerful message on the importance of determination, education, and action in achieving success in real estate investing. He invites listeners to connect with him for further guidance on attaining financial freedom and growing their wealth through strategic real estate investments.
Connect with Ron: For more insights and strategies from Ron Le Grand, visit ConnectWithAMentor.com to learn how you can grow and protect your wealth through real estate investing.
Resources:
Sign up for a Free Mentor Panning Session: https://www.RonLeGrand.com/Plan Free Training: www.TheMentorPodcast.com/Terms Get Ron’s $599 Wholesaling course for FREE when you join his Gold Club for ONLY $59 a month! – https://TheMentorPodcast.com/GC155