A podcast for investors and entrepreneurs looking to break into the U.S. market! Join Reed Goossens as he explores the world of US investments: real estate, businesses, and start-ups. Reed interviews industry leaders, and successful entrepreneurs, about how to grow your wealth and create financial freedom by investing in the U.S... With just a little bit of an Aussie twist!
Reed is an Australian making a go of it in the US. He moved to the US back in 2012. He went from buying small duplexes for $45,000, to raising money from investors to buy large multi family apartment communities across the US. To date Reed has been involved in the acquisition of over $250 mill. worth of multi family real estate. He certainly lives up to the ‘never say die’ Aussie attitude when it comes to being a successful entrepreneur. So click play and find out why this show is one of the top rated investing shows on iTunes.
RG 264 - How to Invest in The US as a Foreign Investor – w/ Alicia Jarrett
G’day, mate! For this week’s episode, we have the wonderful Alicia Jarrett with us, an Australian real estate investor based in her home country who is here to tell us all about her adaptive strategies for investing in the US.
Alicia is a global real estate investor, leadership coach, and business specialist who focuses on helping other business owners succeed through real estate marketing and data solutions. With over fifteen years of experience, she is also an excellent leader and coach who helps other women maximize their potential as students and business owners.
This successful entrepreneur knows her stuff, especially when it comes to business strategies and effective marketing, and we’re fortunate to have her on the show with us this week. In this episode, we focus on the topic of investing in the US real estate market as a foreign investor, particularly as an Australian. We go over how to do due diligence as a foreign investor, and who you need to approach if you’re just starting out in a foreign market.
We also go into detail about data analysis and how to use it to drive marketing and make genuine connections with other people. Most people do not engage on the first touch, and Alicia tells us how we can go forward and maximize that lead with effective follow-up strategies.
This episode is packed with useful information for all real estate investors out there, US-based or not. Tune in and listen to what she has to say; you will surely learn more than a few effective strategies that you can apply to your own business.
Most people don’t bite into a deal on the first try, which is why the follow-up is so important.
Not getting a response at first doesn’t mean a lead is dead.
If you’re investing in a different country, do due diligence and find the right people to help you.
RG 263 - How Property Owners Can Save Thousands of Dollars in Taxes – w/ Yonah Weiss
Want to know how you can keep more of the money you make? Yonah Weiss is here with us this week to teach us the benefits of cost segregation—and how you can start applying it to your real estate business.
Yonah Weiss is a real estate investor, spirituality teacher, host of the Weiss Advice podcast, business director of Madison SPECS, and cost segregation expert. After being a spirituality teacher for fifteen years, Yonah decided to do something more and started investing in real estate. This shift led him to discover the knowledge gap in cost segregation among the real estate investors that he encountered. And now, Yonah dedicates a lot of his time to teach other business owners how to save millions of dollars in income tax through cost segregation.
If you invest in real estate, you either know about cost segregation or you don’t. If you’re part of the former group, you may be missing out on tens of thousands of dollars in income tax savings. Luckily, Yonah is here to shed light on the basics of cost segregation as well as its benefits, primarily: maximized annual depreciation, lower capital costs, better cash flow, and reduced upfront income tax, among many others.
Whether you invest in multifamily or commercial properties, cost segregation can put you at a great advantage and let you keep more of your income. Don’t miss out on this extremely informative episode—this could be the knowledge you need to make even more money!
Everything that you do has a purpose, no matter how mundane it may seem.
Focus on the things that bring you the most joy to ultimately live a happy life.
Breaking a building into categories can help you benefit quicker from tax deductions.
Things in a building that are not structural can be written off as tax deductions.
RG 262 - What to Do When You Hit Rock Bottom – w/ Kent Clothier
The path to building a successful business is often riddled with mistakes. You will lose your footing at some point, but there are a lot of ways you can avoid the wrong moves. Listen to Kent Clothier and I as we talk about his journey to hitting rock bottom and rising to where he is today.
Kent Clothier grew up in an entrepreneurial world, having been raised by parents who ran a successful grocery business. Despite this upbringing, Kent lost what he worked so hard for when he decided to part from his multi-million dollar organization. Having hit rock bottom, Kent had nowhere else to go but up.
Now, Kent is the founder and CEO of Real Estate Worldwide, a company that focuses on helping other entrepreneurs and real estate investors unlock their potential and live their lives on their own terms. He is one of the few people that has been through hell and back to meet their entrepreneurial goals. And today, we are lucky enough to get to hear this story and learn valuable lessons from it.
Listen as we talk about the importance of valuing your time as an entrepreneur and how to build a business that works around the most important things in your life. At the end of the day, your family, your friends, and who you are as a person are more important than your business, and Kent is here to show us how you can focus on the core pillars of your life while building a successful business on the side.
1. You can build a business without sacrificing who you are at the core.
2. Don’t let yourself get consumed by a business that you forget about family, friends, and other important things in life.
3. Build a business that works around the valuable things in life.
4. Freedom, opportunities, and greatness come from owning your own time.
RG 261 - The Open Secret to Scaling Your Business – w/ Mike Simmons
From making career switches to scaling a business, Mike Simmons shares some of the best and worst moments of his journey in this week’s episode. Join us as we provide some valuable insight into letting go of irrational fears, paving your way into the world of entrepreneurship, and scaling a business to where it needs to be.
Mike Simmons is a real estate investor, public speaker, co-owner of the company Return on Investments, and the producer and host of the podcast Just Real Estate. Like many other late bloomer entrepreneurs, Mike didn’t get into real estate until he was in his mid 30s. Despite having a good income in his 20s, he realized that he couldn’t retire unless he put his money into investments, which eventually lead him to the world of real estate investing.
But in spite of making the leap, Mike held onto this irrational fear of being judged by his friends and family for investing in real estate—until he and his wife started gaining success. A lot of us can relate to this; having irrational fears, being hesitant to start because of those fears, and ultimately letting those fears get to our heads. Mike has first-hand experience dealing with that, and his story may be just the thing to help you get started.
Mike is also a best-selling author, having written the book Level Jumping wherein he educates others on how to scale their business. In this episode, Mike gives us a rundown on the most important steps or strategies in successful scaling, including documenting your processes, knowing your numbers, and building a team sooner rather than later.
1. Surround yourself with people who can motivate you to raise your game.
2. Don’t let irrational fears hold you back from starting your path to success.
3. Being an operator is very different from being a leader.
4. Other people won’t care as much for your business as you do.
5. Chances are, you have to start building a team sooner than later.
6. The first person you hire is for the job you suck at the most.
RG 260 - Buying Back Your Time By Creating Multiple Income Streams – w/ Karen Williams
Karen Williams has made it out of the corporate rat race and is now helping thousands of other people do the same. Are you tired of feeling trapped in the same workday over and over again? Tune in to this episode where we talk about achieving true lifestyle freedom through real estate entrepreneurship.
Karen is a full-time entrepreneur, traveler, and co-founder of the Global Investor Alliance, an investor group that helps investors find a way out of the rat race by investing in real estate and agriculture. Together with her husband, Peter, Karen provides real estate education to all kinds of investors, starting from the rookies up to the experienced entrepreneurs.
Having worked in the corporate world before and experienced the disastrous 2008 recession first-hand, Karen is no stranger to the fear of having no security. This is the main reason why she has made it her mission to living the best and most authentic life that she can—all while helping others do the same.
Join us on this extremely insightful episode as we talk about finding your way out of the rat race, achieving freedom through multiple income streams, and how to leverage those income streams in the most optimal ways possible. We also touch on real estate agriculture, particularly in Latin America, and the benefits of investing in agricultural land. So, whether you are a corporate worker looking for an out or a novice investor searching for another worthy asset class, you can learn a lot from what Karen has to say.
1. Discipline is a key to success.
2. One of the best ways to buy back your time is to create as many income streams as possible.
3. It’s not always about the money, it’s the freedom to live your life the way you want and help other people in the best ways you can.
4. An ever-present curiosity is an important asset for an entrepreneur.
RG 259 - How to Reel In And Keep Investors in Your Business – w/ Brian Adams
It can take a lot of ‘no’s before you can get your first ‘yes’. Brian Adams is someone who is well aware of this, and in this episode, he shares with us some valuable insight on how you can get that ‘yes’ faster by perfecting your pitch—plus how you can keep those investors once you gain their trust.
Brian Adams is a recovering attorney from a family office background with vast experience in law, real estate, and private equity. Today, he is the president founder of Excelsior Capital, a Nashville-based real estate private equity sponsor that focuses on undervalued assets in secondary markets. With the knowledge and experience he has amassed in the industry, Brian is one of the best people to offer advice on how you can get into the real estate or private equity business without making the same mistakes he did.
In this informative interview, we talk about how you can build your as you’re trying to start your business with OPM (Other People’s Money). Despite receiving a lot of ‘no’s at the start of his career, Brian has learned the best strategy to perfect your pitch with an empathetic standpoint, and he shares just how you can do this yourself to finally get that highly coveted ‘yes’.
Besides that, we also talk about how he maintains good communication with his investors (and how he messed that up as well), which can help you gain their trust and create a stronger relationship outside of that particular deal.
1. Pitch first to the people who are the most unlikely to give you money, then ask for honest criticism; work on your pitch before you pitch to your best prospects.
2. Find out what people’s problems are, then pitch what you can do to solve them.
3. No one cares about your resume; stop telling potential investors where you went to college, they don’t care.
4. One of the biggest mistakes you can make is not having an internal controller.
5. To establish good relationships with your investors, you need trust, communication, and transparency.
The real deal
Reed is a genuine, down to earth owner/investor that not only cares about the assets but the teams behind the assets along with resident satisfaction. A true down in the trenches kinda guy. Reed’s podcasts and books have been a great source of inspiration for myself and other fellow investors.
Love This Podcast!
So glad I found this podcast! Reed does such a good job covering a variety of topics. I would recommend this show to anyone looking to learn more about REI from a foreign perspective!
Love this Show!
Reed is full of great advice and actionable steps to pursue real estate investing. We were honored to be interviewed by Reed and love the energy and passion the he brings.