Road to Family Freedom

Neil and Brittany Henderson
Road to Family Freedom Podcast

How much Money does it take to get started in a specific real estate investing niche? How much and what kind of Knowledge does it take? How much Time does it take once you're up and running? And how Location dependent is it? Tune in each week to follow our journey and learn as we interview successful investors and entrepreneurs who have achieved or are well on their way to achieving financial and location independence, with a special focus the Time, Money, Knowledge and Location dependence of their chosen investment niche.

  1. How to Scale Your Short-Term Rental Business with Clint Harris

    01/25/2022

    How to Scale Your Short-Term Rental Business with Clint Harris

    Clint Harris – a short-term rental investor and owner of Salt and Soul Property Management talks to Neil Henderson, the host of The Road to Family Freedom podcast. When we last spoke to Clint Harris in February of 2020, he owned 14 short-term rental units. In this episode, we talk to Clint about how he has scaled his portfolio to over 60 units under management. Clint has been a real estate investor for over a decade with his wife, starting with long-term single-family home investing but has since transitioned into short-term rentals, including their own house on the beach. In This Episode We Cover: The Top 3 Challenges a Short-Term Rental Investors Faces when Trying to ScaleThe importance of working ON your business, not IN your businessShould you hire experienced short-term rental cleaners or regular cleaners and train them?Where are the best places to invest in short-term rentals today?And much more! Books and Resources Mentioned: The Road to Family Freedom: roadtofamilyfreedom.comFacebook: Clint HarrisInstagram: @Clintstagram2020Podcast: Clint’s Episode 35 Podcast with The Road to Family FreedomResource: AirDNA.co Schedule a Call with Us to Talk About Self-Storage Schedule a Call Here Follow Us: facebook.com/roadtofamilyfreedom/instagram.com/roadtofamilyfreedom/twitter.com/r2familyfreedom Other Stuff: If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests.For show notes and past guests, please visit roadtofamilyfreedom.com/episodes/Discover the tools and services we use, visit roadtofamilyfreedom.com/resources/

    59 min
  2. How to Find Commercial Industrial Deals Like a Wholesaler with Darren Smith

    01/17/2022

    How to Find Commercial Industrial Deals Like a Wholesaler with Darren Smith

    After serving almost six years in the Army, Darren Smith has spent the last eighteen years as a professional real estate investor. He has flipped, rented, and wholesaled hundreds of residential properties, and in recent years has purchased several million dollars of industrial properties as long-term holds. Darren’s greatest achievement has been to surround himself with an incredible team of industry and military veterans who are every bit as passionate about helping people as he is. His biggest supporters are his wife Lauren and his son Henry. In This Episode We Cover: What is the best way to market for commercial real estate properties to purchase?The incredible story of how he earned a $500,000 wholesale fee on one propertyWhy your marketing focus should be narrow and deep, not wide and shallowWhy you should analyze every deal that you come across at the beginning of your real estate journeyAnd much more! Books and Resources Mentioned: The Road to Family Freedom: roadtofamilyfreedom.comWebsite: solidgrowthproperties.comEmail: darren@solidgrowthproperties.comResource: moo.comResource: OpenLetterMarketing.comResource: REISift.ioResource: BallpointMarketing.com Follow Us: facebook.com/roadtofamilyfreedom/instagram.com/roadtofamilyfreedom/twitter.com/r2familyfreedom Other Stuff: If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests.For show notes and past guests, please visit roadtofamilyfreedom.com/episodes/Discover the tools and services we use, visit roadtofamilyfreedom.com/resources/

    1h 6m
  3. Building Your Network Using Clubhouse with Luke Wong

    11/30/2021

    Building Your Network Using Clubhouse with Luke Wong

    Luke Wong, the founder of 9 Mile Capital, has been around real estate most of his life as his family has always been in real estate. From owning commercial and residential properties to land development. Luke grew up in Miami and graduated from Florida State University. He moved to Houston in 2001 and worked in land acquisitions acquiring land for residential subdivisions. From 2011 to 2020, he renovated houses and owned a wholesaling operation. In the last few years, he has also been actively investing in Commercial Real Estate, such as Retail Centers and Apartment Complexes. Currently, he is focusing on operating, growing, and acquiring more self-storage facilities. He owns/co-owns about 1200 storage units. In This Episode We Cover: What is Clubhouse?Luke Wong’s real estate backgroundHis transition to commercial real estateHow he got started in self-storage investing passivelyAnd much more! Books and Resources Mentioned: The Road to Family Freedom: roadtofamilyfreedom.comWebsite: 9milecapital.comFacebook: Luke WongInstagram: @LukeWong2000Resource: Clubhouse Follow Us: facebook.com/roadtofamilyfreedom/instagram.com/roadtofamilyfreedom/twitter.com/r2familyfreedom Other Stuff: If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests.For show notes and past guests, please visit roadtofamilyfreedom.com/episodes/Discover the tools and services we use, visit roadtofamilyfreedom.com/resources/

    37 min
  4. Ditching the Grind of House Flipping for Self-Storage Success with Rob DuBroc

    11/22/2021

    Ditching the Grind of House Flipping for Self-Storage Success with Rob DuBroc

    Rob Dubroc is a 35-year-old real estate investor from Kansas City who went all-in on self-storage after testing the waters with house flipping, working as a realtor, and single-family rentals. After grinding those various side hustles he found his way into commercial real estate and self-storage. In this episode, we talk to Rob about how he bought his first facility for cash and then promptly quit his W-2 job, the challenges of transitioning a poorly check and cash facility into auto payments, the best investment he’s made to help his storage business run more smoothly, and the unique way he encourages stubborn sellers into giving him access to their financials.  In This Episode We Cover: How he bought his first self-storage facility for cash and then promptly quit his W-2 jobHow to transition a poorly run check and cash storage facility into a well-run auto payment facilityThe best investment to help run your self-storage facility more smoothlyHow to encourage stubborn self-storage owners to give them access to their financialsAnd much more! Books and Resources Mentioned: The Road to Family Freedom: roadtofamilyfreedom.comWebsite: Rising Tide InvestmentsFacebook: Rob DuBrocInstagram: @robdubrocResource: Call RailResource: Mike Wagner’s Storage Rebellion Follow Us: facebook.com/roadtofamilyfreedom/instagram.com/roadtofamilyfreedom/twitter.com/r2familyfreedom Other Stuff: If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests.For show notes and past guests, please visit roadtofamilyfreedom.com/episodes/Discover the tools and services we use, visit roadtofamilyfreedom.com/resources/

    1h 5m
  5. How to Analyze a Market for Self-Storage with Katherine D’Agostino

    11/15/2021

    How to Analyze a Market for Self-Storage with Katherine D’Agostino

    Katherine D’Agostino is the founder and sensei of Self-Storage Ninjas. After selling a previous business, Katherine jumped into the storage business building three facilities from the ground up in three years. She also runs a feasibility-analysis firm focused on delivering unbiased reports to self-storage investors that result in facilities with high occupancy and the highest possible returns.  In this episode, we talk to Katherine about how she got into the self-storage business, how to pick a self-storage market to invest in, her unique plan to scale by building facilities from the ground up, and why she thinks boat and RV storage is a good business. In This Episode We Cover: How Katherine D’Agostino got into the self-storage businessHow to pick a self-storage market to invest inHer unique plan to scale by building facilities from the ground upWhy boat and RV storage is a good businessAnd much more! Books and Resources Mentioned: The Road to Family Freedom: roadtofamilyfreedom.comWebsite: Self-Storage NinjasFacebook: Self-Storage NinjasResource: Free Initial Consultation with Self-Storage NinjasResource: ISS Self-Storage World ExpoResource: Trachte Free SeminarsResource: Radius+ Follow Us: facebook.com/roadtofamilyfreedom/instagram.com/roadtofamilyfreedom/twitter.com/r2familyfreedom Other Stuff: If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests.For show notes and past guests, please visit a href="https://www.roadtofamilyfreedom.com/episodes/"

    55 min
  6. Commercial Lending Tips for Self-Storage with Mandy Monson

    11/09/2021

    Commercial Lending Tips for Self-Storage with Mandy Monson

    In this episode we talk to Mandy Monson about her background in finance, how she found herself in the self-storage business, what a self-storage borrower should do to ensure a successful loan application, the 5 C’s of credit, and the big one you should pay attention as a self-storage owner. Mandy Monson is the VP of Finance for Resort Lifestyle Communities, which manages a portfolio of senior independent living communities, but she’s also co-founder of Stor365 with previous guest Victor Diaz and today she’s here to talk to us about commercial lending on self-storage. Mandy is a finance professional and real estate developer that also works with other women to help them crush their limiting beliefs and fear of failure so that they determine their own destiny in the realm of career and money. She has spent a career in finance with everything from managed money portfolios, to commercial loan underwriting during the Great Recession, to today where she consults with potential borrowers on how to structure loans for the acquisition of self-storage and senior housing. In This Episode We Cover: How to ensure a successful loan application on a self-storage dealSome things that will surely sink a self-storage loan applicationCommon mistakes self-storage investors make in their underwritingExamples of when a self-storage deal has gone badAnd much more! Books and Resources Mentioned: The Road to Family Freedom: roadtofamilyfreedom.comWebsite: MandyMonson.comResource: Book Your Free 30 Minute Call with Mandy MonsonTwitter: @4mandy_monsonFacebook: 4theGirlsClubFacebook: Mandy Monson Follow Us: facebook.com/roadtofamilyfreedom/instagram.com/roadtofamilyfreedom/twitter.com/r2familyfreedom Other Stuff: If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to...

    44 min
  7. We are MOVING!

    10/12/2021

    We are MOVING!

    In this episode, Neil & Brittany discuss their upcoming move to North Carolina to pursue self-storage full time and live in a house hack across the street from the beach. In This Episode We Cover: We bought a house across the street from the beach with the intention of doing a house hack “someday maybe” - We will go into more detail on the house in a later episode.What led us to decide to make the move now?First, we call this podcast The Road to Family Freedom. Our goal is financial and location independence. We aren’t there yet. But we have achieved a level of independence with our investments that allow us to take this leap, which is a risk, to try an experiment in working for ourselves...while living at the beach.Several things conspired to lead us to this decision:The death of my father in March of 2020. A best friend worked alongside him for 18 years. I realized that so much of my joy of going to work every day came from the experience of getting to be with my dad on a daily basis. Making up for lost time from when he was in the Air Force. I found I missed being able to walk down the hall and tell him something cool I’d just read, or how much fun it was to whine to him about the challenges of being a father, or just getting to go to lunch with him nearly every day. Suddenly going to work every day became a sad reminder of what was no longer there.COVID. Like many people, the pandemic has made us do a lot of soul searching about what’s important in life. As we prepared for my father’s long-delayed memorial, I was putting together a slideshow of his life. I kept coming back to these pictures of us from a time when we lived near the ocean. My mom and dad both describe those days in Florida as some of the happiest times of their life. Their kids were young, the work was easy, they were surrounded by other families, many of whom became lifelong friends, we lived near the water. I've always had a dream of living near the water, and I'd like to do it while our son is still young.We love house hacking, and we have a lot of experience house hacking with a short-term rental. Right as COVID hit in March of 2020, the short-term rental regulations in Las Vegas finally caught up with us after 6 years. We got shut down. That, combined with concerns over what COVID was going to do to the Las Vegas housing market, caused us to sell our house that we had owned since 2013. We ended up with a healthy chunk of cash from the equity we had accrued. So, we bought a house across the street from the beach with the intention of house hacking it eventually way down the road. Obviously, things changed.My work, since 2003, has been indirectly in support of the war effort in Iraq, Afghanistan, and the Global War on Terror. When the war in Afghanistan came to an end, it felt like the end of a chapter for me. So we sat down, did the math, and discovered we could financially take this risk. We aren't financially free. We don't have the income to sit on the beach all day drinking Pina Coladas. I prefer margaritas or Moscow Mules. But we've got savings and income streams to give us some time to work towards our next chapter.  Follow Us: a...

    17 min
5
out of 5
27 Ratings

About

How much Money does it take to get started in a specific real estate investing niche? How much and what kind of Knowledge does it take? How much Time does it take once you're up and running? And how Location dependent is it? Tune in each week to follow our journey and learn as we interview successful investors and entrepreneurs who have achieved or are well on their way to achieving financial and location independence, with a special focus the Time, Money, Knowledge and Location dependence of their chosen investment niche.

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