233 episodes

The goal of the Property Profits Real Estate Podcast is to bring proven real estate investing strategies, tactics, and ideas to active real estate entrepreneurs who want to grow their portfolios faster and easier. We deliver several

actionable ideas to boost results using our 10 questions in 17 minutes interview format.

www.PropertyProfitsPodcast.com

Property Profits Real Estate Podcast Dave Dubeau

    • Business
    • 5.0 • 9 Ratings

The goal of the Property Profits Real Estate Podcast is to bring proven real estate investing strategies, tactics, and ideas to active real estate entrepreneurs who want to grow their portfolios faster and easier. We deliver several

actionable ideas to boost results using our 10 questions in 17 minutes interview format.

www.PropertyProfitsPodcast.com

    Triple BRRRRs with Willie Mandrell

    Triple BRRRRs with Willie Mandrell

    Willie Mandrell has been a buy & hold real estate investor out of Boston for the past 15 years. His niche is distressed three family buildings which he attempted to purchase at 60 cents on the dollar. From there, he fixes them up, rents them out, refinances shortly after, and repeats the process. He loves it. 


    In this episode, Willie shares how he turns undervalued and worn-out properties into sources of steady cash flows. 


    Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/


    What you'll learn in just 17 minutes from today's episode: 


    Learn how to knockout competition in the market 

    Find out tips for buying properties not from MLS or directly from sellers

    Find out how you keep cash flowing from worn-out properties 


    Resources/Links: 


    Cash Flow Secrets: Real Estate, Investing & Wealth Management Principles They Failed To Teach by Willie Mandrell: https://www.amazon.com/Cash-Flow-Secrets-Management-Principles/dp/1734960906 


    Topics Covered: 


    01:38 - What his investment strategy is 

    04:24 - Where he finds his property deals 

    05:28 - Why he does not get properties from MLS or going directly to sellers 

    07:16 - The turnaround for his rehabbed properties 

    09:00 - Taking properties as vacant and what he does when there is tenancy involved 

    11:16 - What the cash flows look like for his properties 

    14:24 - How much is the rental for a three-bedroom house, and how much revenue do you get 


    Key Takeaways: 


    "I do everything I can to make sure the building is delivered vacant. And if we don't have it vacant, what we do is allot cash for keys, and cash for keys is essentially just going back to the tenant and just buying them out." - Willie Mandrell   


    "I want to knock out a lot of the competition. If I was just looking for cosmetic renovations, paint, and carpet as we call it, then my competition is high because most investors can do that. What I go and look for is stuff that you won't even be able to live in, like a war zone." - Willie Mandrell 


    "What we're doing instead of chasing the market, trying to buy rent-ready stuff, we go and buy bad windows, bad roofs leaking heating systems or bad electrical needs to be updated." - Willie Mandrell 


    Connect with Willie Mandrell: 


    YouTube: http://youtube.com/wmandrell 

    Instagram: http://instagram.com/wjmandrell 

    Facebook: http://facebook.com/wmandrell 


    Connect with Dave Dubeau: 


    Podcast: http://www.propertyprofitspodcast.com/ 

    Website: https://davedubeau.com/home 

    Investor Attraction Workshop: http://www.investorattractionworkshop.com/ 

    Facebook: https://www.facebook.com/thedavedubeau 

    LinkedIn: http://linkedin.com/in/davedubeau 


    Enjoyed the Podcast? 


    Please subscribe on iTunes for updates

    • 18 min
    From Single to Multi-Family Slow Smart Transition with James Knull

    From Single to Multi-Family Slow Smart Transition with James Knull

    James Knull's presence in the Real Estate Industry is truly multifaceted. As an investor, he's acquired almost 300 rental units in his portfolio and has architected several large joint ventures bringing partners together to acquire great properties. As a Realtor, he's one of Western Canada's top producing agents. As a Leader, the Mogul team has grown and expanded into multiple cities and consistently sets the industry standard for exceptional service and performance. 


    In this episode, James shares what benefits and advantages you can have with investing in multifamily properties. Though it is riskier with multifamily, there is an opportunity for you to 10x times your real estate business with this investment strategy. 


    Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/


    What you'll learn in just 17 minutes from today's episode: 


    Learn the important things to consider when transitioning from single-family homes to multifamily

    Find out how a process looks like when transitioning to multifamily

    Discover the advantages of investing in multifamily than in single-family homes  


    Resources/Links: 


    Attend a FREE live webinar. Click here: https://www.mogulmastermind.ca/ 


    Topics Covered: 


    00:58 - Opening a branch office right in the middle of the pandemic 

    02:01 - The pros of having multifamily properties over single-family homes 

    04:11 - The journey he took to transition to multifamily 

    05:34 - Describing the process of getting into multifamily  

    06:47 - How he prepared in transitioning to multifamily 

    09:57 - How to 10x your real estate business 

    10:27 - The number of units he had when he started 

    11:10 - Don't pressure yourself too much on your first multifamily deal 

    14:16 - Underwriting from three perspectives 

    13:03 - The best way to approach a realtor when scaling from single-family to multifamily 

    16:00 - His way of raising capital and getting into joint venture partnership 


    Key Takeaways: 


    "The pros for multifamily that I like is number one, its efficiency in terms of using capital. Once you are established, comfortable, and working on a larger scale, you can get more done with less time. And that's part of the name of the game." - James Knull 


    "It's a totally different way to add value to the building because, in multifamily, we treat the building as a business. And so, the more viable you make the business, the more valuable that business is." - James Knull 


    "A big part of the jump [single family home to multifamily] is, even if it might be physically possible for you to take on a building of that size. It still might not be wise from a risk tolerance perspective and an experience perspective because you know what they say in investing; you don't want to put all of your eggs in one basket. Diversifying is a really nice way to go."- James Knull 


    "That whole process [getting into multifamily] I can describe in 30 seconds, but that was about a year and a half of work. So, for people who are thinking about getting into it, that's not an overnight success." - James Knull 


    "Don't stress out about swinging for the fences on your first deal, like, do a comfortable deal, be very successful at it, do a great job, ensure your investors are thrilled. Keep your paperwork tight, keep your record keeping solid so that when you go to deal number two, you've got something great that you can show people, and then just every good deal you do is a stepping stone into another great deal." - James Knull 


    "Lining partners up, planting the seeds, whatever we want to call it. If this is something you're thinking about getting into, then have the conversations early just to separate people into a couple of piles -- don't bug them, people that are maybes, and those that are definitely interested when you've got the deal. Once you have those three piles when a deal actually shows up, you've got something to work wit

    • 18 min
    Getting Investors by Sharing Your WHY with Whitney Sewell

    Getting Investors by Sharing Your WHY with Whitney Sewell

    Founder of Life Bridge Capital LLC., Whitney Sewell began his real estate investing career in 2009. Whitney's passion is working with investors, helping them secure financial security via the exceptional opportunities that multifamily syndication offers. Since founding his own firm, Life Bridge Capital, in 2017, he has acquired 900 doors and $150M in assets under management. Whitney and his wife Chelsea are on a mission to help other families through the process of adoption. They have personally endured the financial burdens that the process puts on families and have committed 50% of their profits to this goal. 


    In this episode, Whitney shares what syndication is, how to know if you are already doing it, what needs to be done if you want to do it legally, and the important steps to know before starting to do syndication. He also talks about getting investors on board, why you should connect to them on a personal level, and making it all about them. Ultimately, he shares his most significant reason for doing real estate investing.  


    Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/


    What you'll learn in just 17 minutes from today's episode: 


    Find out the key factors when doing syndication so you move things faster and quicker

    Learn how to connect with people on a personal level to establish trust and credibility to take them to invest with you in no time

    Discover about marketing tools and strategies that work every time when finding investors 


    Resources/Links: 



    Website: http://lifebridgecapital.com/ 





    Topics Covered: 


    02:03 - Raising 350 million dollars in asset management in the middle of a pandemic 

    02:38 - Defining syndication 

    03:39 - When should you do the whole syndication things and how to make things legal when you unknowingly already done it 

    04:54 - Things you should be wary about when getting into partnerships 

    06:20 - Important things and steps to think about when starting to do syndication 

    08:53 - His biggest 'Why' for pursuing syndication 

    12:34 - Marketing tool he uses for getting high net worth individuals to invest with him 

    12:58 - One big thing about his networking style that earns him the trust and establishes his credibility 

    14:46 - The fortune is in the follow-up 

    17:09 - Sharing about the importance of delegation and building a team 


    Key Takeaways: 


    "You may already be syndicating and you don't know it. If someone is investing with you and do not have an active role in that deal, you're ultimately syndicating, and they're expecting a return." - Whitney Sewell 


    "If you're going to get into this space, there are so many aspects to the syndication business. Well, think about what you are good at, like what energizes you. And I would focus on that and be the best that I could possibly be. And then you find other team members that are really good at those other things. And I've seen people move much faster in this business and much better." - Whitney Sewell 


    "The way you network is so important. I would encourage you to really think about how you're connecting with someone and not do the shotgun approach." - Whitney Sewell 


    Connect with Whitney Sewell: 


    Website: http://lifebridgecapital.com/ 

    Email:  whitney@lifebridgecaptal.com


    Connect with Dave Dubeau: 


    Podcast: http://www.propertyprofitspodcast.com/ 

    Website: https://davedubeau.com/home 

    Investor Attraction Workshop: http://www.investorattractionworkshop.com/ 

    Facebook: https://www.facebook.com/thedavedubeau 

    LinkedIn: http://linkedin.com/in/davedubeau 


    Enjoyed the Podcast? 


    Please subscribe on iTunes for updates

    • 18 min
    #RealEstateClub/AssociationSpotlight: Seacoast Real Estate Investment Group, Bryan Joyce

    #RealEstateClub/AssociationSpotlight: Seacoast Real Estate Investment Group, Bryan Joyce

    Seacoast Real Estate Investment Group, they don’t make bets. They make commitments. They strive to be your most important partner. They require unanimous enthusiasm of their group before they invest in any company. Some they go wide. They go deep. They focus to drive conviction. They don’t just seek out visionaries. They seek out values. They all win big in the long run. One of the toughest challenges startups face is going from promise to proof: of sustainably getting their great idea out to customers. One of their key strengths is real-world go-to-market expertise: an experienced, strategic, hands-on approach that separate successful, scalable companies from the rest.


     


    In this episode, Bryan shares how important teamwork is, to make a well build business and partnership.


     


    Check out : www.emcap.com


    What you'll learn in just 9 minutes from today's episode:


    To absorb the essence of working as a team to become successful.

    Reflect to member’s success story on how they started and become a victorious investor.


     


    Key Takeaways:


    “The goal is to educate people and then give them a way in networking and help each other out.”- Bryan Joyce

    • 9 min
    Terry Hale Seller Financing and Commercial Real Estate

    Terry Hale Seller Financing and Commercial Real Estate

    Terry Hale is an active investor and CEO of a private commercial real estate firm that provides acquisitions for all commercial property types and investment opportunities. The firm executes value-add strategies through direct and joint venture investments, primarily with existing assets located throughout the U.S. Utilizing our extensive commercial real estate expertise to create value, reposition, and stabilize for long-term capital gains.


    In this episode, Terry shares how he acquires property by going directly to sellers and not through MLS, specifically buying distressed properties that he adds value on and gets a good return on investment.


    Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/


    What you'll learn in just 17 minutes from today's episode: 


    Find out how to look for properties that are recession-proof and can withstand cyclical downturns

    Learn how to structure deals through seller financing with non-recourse

    Discover the six key steps to success in acquiring properties that provide a good return on investment


    Resources/Links: 



    Terry Hale Training. Click here: https://terryhaletraining.com/intro.php





    Topics Covered: 


    00:54 - What is a commercial real estate

    01:48 - Which properties does he focus on

    02:19 - What makes multifamily and self-storage recession-proof properties

    03:44 - How self-storage become a demand for mom-and-pop stores that shut down at this time

    04:28 - Talking about what seller financing is

    05:40 - Properties he got through seller financing

    07:25 - How he creates value add to properties

    08:26 - Why he stayed away from capitalization rate formula and started looking at cost per net rentable square feet,

    08:14 - What distressed properties did he buy back in the day he was starting out

    10:34 - The six key pillars to success in finding properties that provide a good ROI

    11:36 - The one thing he has with brokers that made him the choice whenever they have distressed properties 


    Key Takeaways: 


    “When I go to the alternate lender who does non-recourse, it could point to higher interest. But it's great because it's non-recourse. And then it's on the loan to value. I lock it in for this price. I create value by filling vacancies, raising rents and adding profit centers and lowering my expenses. We don't have management on these, we've automated, modernized them. So, there's a fraction of the actual cost for management.”  - Terry Hale


    “I had to get away from competition, I had to get away from the real estate investment trusts and any wall street money dealing with a huge property. So, I found this little cookie-cutter niche, and then I started looking at ownership. If somebody owned that thing for about 20 years, then at that point in time, they're probably more than likely ready to retire. So, I started focusing on those properties.” - Terry Hale


    “I reverse engineer my thinking, I started looking instead of buying retail property on a capitalization rate, I started looking at more distressed property that is not bankable.” - Terry Hale


    Connect with Terry Hale: 


    Facebook: https://www.facebook.com/terryhaletraining

    Instagram: https://www.instagram.com/terryhale_wealth.by.design/?hl=en


    Connect with Dave Dubeau: 


    Podcast: http://www.propertyprofitspodcast.com/ 

    Website: https://davedubeau.com/home 

    Investor Attraction Workshop: http://www.investorattractionworkshop.com/ 

    Facebook: https://www.facebook.com/thedavedubeau 

    LinkedIn: http://linkedin.com/in/davedubeau 


    Enjoyed the Podcast? 


    Please subscribe on iTunes for updates

    • 16 min
    Turnkey Investing Lifestyle with Ali Boone

    Turnkey Investing Lifestyle with Ali Boone

    Formerly an Aerospace Engineer, Ali Boone is a real estate investor, author, and lifestyle entrepreneur. She left her 9-to-5 to pursue ultimate freedom—being able to work from wherever she wants, whenever she wants. Her ultimate goal is to challenge Tim Ferriss to a lifestyle design duel someday.


    In this episode, Ali Boone shares how turnkey properties have given her the lifestyle she always wanted -- as passive and as hands-off with her real estate investing business but doing really well in it. 


    Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/


    What you'll learn in just 17 minutes from today's episode: 


    Find out how the real estate business work for you even if you are hands-off in managing it

    Learn about the advantages of having turnkey properties

    Learn how to do due diligence with your turnkey providers, so you avoid horrible experiences


    Resources/Links: 


    Get instant access to your FREE copy of the 'NOT Your-How-To Guide to Real Estate Investing'. Click here: https://www.hipsterinvestments.com/propertyprofits


    Topics Covered: 


    01:32 - Taking a look at her real estate investing business

    03:05 - How one thing led to another when a real estate investing opportunity landed in her inbox

    05:04 - What properties did she invest in when she started compared to the deals she is having now

    08:04 - What are turnkey properties

    09:34 - Learn how to do proper due diligence

    12:33 - What does the biggest turnkey horror stories boil down to

    13:45 - Talking about the book she wrote -- what is it about and how it would help you in your real estate investing journey


    Key Takeaways: 


    "With my properties and all my investments, I've always aimed for more passive income; I try to be as hands-off as possible. I landlord a property close to me. But even still, it's a nice property. I try not to be there all that often. And then most of my properties are out of state. I'm pretty hands-off. I have property managers." - Ali Boone 


    "Turnkeys are as hands-off as you can get, not completely hands-off, but it's much more passive." - Ali Boone  


    "When you learn how to do the due diligence, then you almost don't have to worry about the red flags. But in all fairness, because most of us don't know how to do that good level of due diligence, one of the first things is really just talking to other people and see who they have good experiences with." - Ali Boone 


    "I started a turnkey Facebook group for this exact reason, so more people can be talking, and turnkey providers aren't allowed in it. Because I want people to openly share what works, and what doesn't." - Ali Boone 


    "One good tip on due diligence, have someone with more experience tell you the list of things to check on." - Ali Boone 


    "You can have every how-to guide in the world handed to you, but if your mindset is off, there's no how-to guide in the world that's going to help you." - Ali Boone


    Connect with Ali Boone: 


    Website: https://www.hipsterinvestments.com/

    Facebook: https://www.facebook.com/AliBooneInvest/

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

    Twitter: https://twitter.com/alibooneinvest


    Connect with Dave Dubeau: 


    Podcast: http://www.propertyprofitspodcast.com/ 

    Website: https://davedubeau.com/home 

    Investor Attraction Workshop: http://www.investorattractionworkshop.com/ 

    Facebook: https://www.facebook.com/thedavedubeau 

    LinkedIn: http://linkedin.com/in/davedubeau 


    Enjoyed the Podcast? 


    Please subscribe on iTunes for updates

    • 18 min

Customer Reviews

5.0 out of 5
9 Ratings

9 Ratings

Sharon Vornholt ,

Great podcast every time.

I have been a long time listener of this show. Dave always provides great content without all the fluff. He has extensive knowledge of real estate investing, and always provides great tips for growing a profitable real estate investing business. If you want a great mentor that will help you grow your business, you should definitely be listening to this podcast. I highly recommend it.

Daray25 ,

Amazing Podcast and Message

Great podcast that Dave and his team put together here, I enjoyed being on a guest on the show back in November 2019. I’m highly recommended for real estate entrepreneurs!

Penny2036 ,

Dave and Josh Cantwell

I found this podcast interesting. I have been looking for someone who can guide me in the private lender/syndication area.

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