215 episodes

Real Estate Investing Podcast designed to help experienced real estate investors make & keep more money.

The REI Diamonds Show is a loose discussion between Dan & expert guests focused on strategies for avoiding risk & generating profits. Many of the guests generate more than $1 Million in profit per year-investing in real estate.

The REI Diamonds Show-Real Estate Investment Podcast REI Diamonds

    • Business
    • 5.0 • 34 Ratings

Real Estate Investing Podcast designed to help experienced real estate investors make & keep more money.

The REI Diamonds Show is a loose discussion between Dan & expert guests focused on strategies for avoiding risk & generating profits. Many of the guests generate more than $1 Million in profit per year-investing in real estate.

    How to Invest in a Franchise Business with Jon Ostenson

    How to Invest in a Franchise Business with Jon Ostenson

    Episode: How to Invest in a Franchise Business with Jon OstensonGuest: Jon is a consultant, investor, author, and international speaker specializing in the area of non-food franchising. Having served as the President of an Inc. 500 franchise system and now as a multi-brand franchisee, himself, Jon is uniquely positioned to educate others on franchising and franchise selection. In addition to serving as the CEO of FranBridge Consulting, Jon oversees FranBridge Capital where he and his partners own multiple service franchises.Big Idea: Real Estate investors rely on the next deal in order to remain profitable.  With the tightening of the real estate market over the past 2 years and deals becoming harder to find, some investors are turning to franchise business ownership.  Jon & I discuss opportunity for consistent cash flow by investing in non-food franchise businesses.This Episode of The REI Diamonds Show is Sponsored by the Deal Machine. This Software Enables Real Estate Investors to Develop a Reliable & Low Cost Source of Off Market Deals. For a Limited Time, You Get Free Access at http://REIDealMachine.com/Resources Mentioned in this Episode:https://FranBridgeConsulting.com/For Access to Real Estate Deals You Can Buy & Sell for Profit:https://AccessOffMarketDeals.com/podcast/View the Episode Description & Transcript Here:https://reidiamonds.com/how-to-invest-in-a-franchise-business-with-jon-ostenson/Dan Breslin: Welcome to The REI Diamond Show. I’m your host, Dan Breslin. And this is Episode 197 on how to invest in a franchise business with Jon Ostenson. If you’re into building wealth through real estate investing, you are in the right place. My goal is to identify high-caliber real estate investors and other industry service providers, invite them on the show, and then draw all out Jewels of Wisdom, those tactics mindsets, and methods used to create millions of dollars or more in the business of the real estate.So today’s guest, Jon, is a consultant, investor, author, and international speaker specializing in the area of non-food franchising. Having served as the President of an Inc. 500 franchise system, and now as a multi-brand franchisee himself, Jon is uniquely positioned to educate others on franchising and franchise selection. In addition to serving as the CEO of FranBridge Consulting Jon oversees Franbridge Capital where he and his partners actually own and operate multiple service franchises.So today’s episode is a little bit of a different avenue than we normally go. But it ties in because real estate investors like me and you, rely on the next deal in order to remain profitable. I’m always hunting for the next deal. I’m sure you know the feeling. And with the tightening of the real estate market over the past two years and deals becoming harder to find, some real estate investors are turning to franchise business ownership. Jon and I discussed an opportunity to get consistent cash flow by investing in these non-food franchise businesses.We also discussed Jon’s building of a portfolio of franchise businesses. The reasons why exiting, meaning, selling a franchise business is often more profitable and much easier than exiting a business that you’ve constructed yourself and why you should run from food franchise business models. Normally, what most people think of when you hear the word franchise. Please enjoy this conversation with Jon Ostenson.Jon & I Discuss How to Invest in a Franchise Business:• Building a Portfolio of Franchise Businesses• Franchise Business Exit-there are a  Pool of Qualified Buyers• Opportunities that Require Just 10-15 Hrs to Run• Why to RUN from Food Franchise BusinessesRelevant Episodes: (There are 197 Content Packed Interviews in Total)• Mike Shapiro on Transforming a Southern California Real Estate Brokeragehttps://bit.ly/3gRs5be• How to Find Motivated Sellers with David Leckohttps://bit.ly/3yxhIzj• How to Become a Real Estate Developer with Ad(continued

    • 52 min
    Investing in 200 Unit Multi Family Apartment Buildings with Ken Gee

    Investing in 200 Unit Multi Family Apartment Buildings with Ken Gee

    Episode: Investing in 200 Unit Multi Family Apartment Buildings with Ken GeeGuest: Ken Gee is multi family syndication operator focused on buying & improving complexes in the 200 unit and less B & C market.  Big Idea: The timing & order of renovation of a large multi family asset is critical to the repositioning process.  Spend money on the wrong items, or in the wrong order and your target tenant population will ignore your property.  Investing right will attract them.This Episode of The REI Diamonds Show is Sponsored by the Deal Machine. This Software Enables Real Estate Investors to Develop a Reliable & Low Cost Source of Off Market Deals. For a Limited Time, You Get Free Access at http://REIDealMachine.com/Resources Mentioned in this Episode:https://www.KRIpartners.com/For Access to Real Estate Deals You Can Buy & Sell for Profit:https://AccessOffMarketDeals.com/podcast/View the Episode Description & Transcript Here:https://reidiamonds.com/investing-in-200-unit-multi-family-apartment-buildings-with-ken-gee/Dan Breslin: Welcome to The REI Diamonds Show with Dan Breslin. Your source for real estate investment, Jewels of wisdom.Welcome to The REI Diamond Show. I’m your host Dan Breslin, and this is episode 196 on investing in 200 unit multifamily apartment buildings with Ken Gee. If you’re into building wealth through real estate investing, you are in the right place.My goal is to identify high-caliber Real Estate Investors and other industry service providers, invite them on the show and then draw out the jewels of wisdom, those tactics mindsets, and methods used to create millions of dollars and more in the business of the real estate. Ken Gee is a multifamily syndication operator focused on buying and improving complexes and the 200 unit unless B and C markets throughout the United States. Ken and I in this episode discuss the timing and order of renovation of a large multifamily asset and how that’s critical to the repositioning process. Spend money on the wrong items or in the wrong order and your target tenant population will ignore your property, damaging your returns. We also cover Tax Strategies, Market Selection, and how to vet a syndication operator through a third-party financial review. Please enjoy this conversation with Ken Gee.All right. Welcome to The REI Diamond Show, Ken. How are you doing today?Ken Gee: Doing great. How about yourself?Dan: Fantastic. Good time of year here in mid-summer and things are going well. The economy still holding together and stock markets up, right?Ken: That’s right. Yes, sir.Dan: At the moment. Cool. So, Ken. Can you give our listeners a little bit of background history? So, what your career was? What has it developed into now in the real estate space?Ken: Sure. So, my career is actually taken a number of turns over the years. I initially got my finance degree from Toledo, Ohio, and became a commercial lender for 5 years with a small Regional Bank, or well, at the time was small, it’s large now. And then, after about 5 years of that, I decided I wanted to be a CPA. So, with that, I got my CPA license and spent 7 years at Deloitte, in their tax practice, do an MA work. Working with a lot of private Equity Funds, had a lot of fun doing that. And then, at some point here, I bought some Cessna Pilot Centers. Most people don’t make the jump from accounting to flying airplanes, but I did. It was a lot of fun. We owned 3 Cessna Pilot Centers for a number of years, and really enjoyed that business. But all through that time, I jumped into real estate back in 1997, and have not looked back since.So, it’s all we do now — a hundred percent apartments. We were a vertically integrated real estate company. We do our own investments. We raise money syndications and funds, as well as do third-party management.Ken & I Discuss Investing in Multi Family Syndication:• How to Vet an Operators Financial History• Interest Rate Risk • Priority (continued)

    • 1 hr 2 min
    Passive Investing in Apartment Syndications with Camilla Jeffs

    Passive Investing in Apartment Syndications with Camilla Jeffs

    Episode: Passive Investing in Apartment Syndications with Camilla Jeffs  Guest: Camilla Jeffs is the founder of Steady Stream Investments a company focused on providing investment opportunities in large multi family and senior housing communities. Big Idea:  When investing in syndications, choosing the right Operator is as important, if not more than selecting the right market.  While you’re technically investing in an apartment deal, you’re really investing in the people running the deal.  By this line of reasoning, your ability to select profitable investments hinges on your ability to select people with whom you’ll invest.This Episode of The REI Diamonds Show is Sponsored by the Deal Machine. This Software Enables Real Estate Investors to Develop a Reliable & Low Cost Source of Off Market Deals. For a Limited Time, You Get Free Access at http://REIDealMachine.com/Resources Mentioned in this Episode:https://SteadyStreamInvestments.comFor Access to Real Estate Deals You Can Buy & Sell for Profit:https://AccessOffMarketDeals.com/podcast/View the Episode Description & Transcript Here:https://reidiamonds.com/passive-investing-in-apartment-syndications-with-camilla-jeffs/Dan Breslin: Welcome to the REI Diamonds Show. I’m your host, Dan Breslin. This is episode one hundred and ninety-five on Passive Investing in Apartment Syndications with Camilla Jeffs.Camilla Jeffs is the founder of Steady Stream Investments, a company focused on providing investment opportunities in large multifamily and senior housing communities.When you’re investing in syndications, choosing the right operator is as important, if not even more important, than selecting the right market or asset. While you’re technically investing into an apartment deal, you’re really investing in the people who are running the deal. It’s probably obvious. But by this line of reasoning, your ability to select profitable investments hinges on your ability to select the right people with whom you will invest.Camilla brings her background, her experience in the corporate HR world, her ability to select professional talent to the apartment syndication investing business. She also acts as a general partner on her deals. We double click on her investment team, selection process, favorite asset classes, and markets to invest and more during this episode.Let’s begin.All right. Welcome to the REI Diamonds Show, Camilla. How are you doing today?Camilla Jeffs: I’m doing great, Daniel. Thank you so much for having me on.Dan: Yes. Absolutely. I know a little bit about you. But for anybody who may not recognize the name, could you kind of go through – we’ll call it – the origination story?What did you do before real estate? How did you find real estate? How did real estate investing evolve into Steady Stream Investments in your business model today?Camilla: Yes. Perfect. I started real estate investing when I was quite young. I got my first property at the age of twenty-two. It was a house hack that we did.We didn’t know about it. It wasn’t a cool term back then, house hacking. We just figured out we want to own our own place, but we didn’t have enough money to own our own place, basically.So we bought a home that had a basement apartment in it. We rented it out. It worked out perfect. We only paid about one hundred dollars a month in rent to live there. It even had a pool in the backyard. It was so cool.Camilla & I Discuss Passive Investing:• Investing in 100 Unit+ Apartment Deals• Market with the Most Promise• Identifying the Biggest Risk in a Syndication Deal• Understanding Whether You should consider Syndication InvestingRelevant Episodes: (There are 195 Content Packed Interviews in Total)• Being a Professional Passive Investor with Dr. Jeff Anzalonehttps://bit.ly/3CqnQfJ• 100+ Unit Apartment Syndication with Stephanie Walterhttps://bit.ly/3yvdlph• Marketing, Meetups & $100 Million in Apartment Syndications with Adam Adamshttps://(c

    • 52 min
    Getting High Return on Investment through Co-Living Rentals with Johnny Wolff

    Getting High Return on Investment through Co-Living Rentals with Johnny Wolff

    Episode: Co-Living Tech Company Producing High ROI for Investors with Johnny WolffGuest: Johnny Wolff is the CEO & Founder of tech Company, HomeRoom.  HomeRoom is one of the fastest growing co-living companies in the U.S.  Johnny founded HomeRoom after a career as an analyst in Silicon Valley and then relocating to Austin, TX.  Big Idea:  Investors can obtain outsize returns by investing in co-living housing.  Co-living is a trend where many young people prefer living with roommates for social & economic reasons.  This trend exists throughout the U.S. and a new industry is arising to provide a professionally managed experienced to both residents & landlords.This Episode of The REI Diamonds Show is Sponsored by the Deal Machine. This Software Enables Real Estate Investors to Develop a Reliable & Low Cost Source of Off Market Deals. For a Limited Time, You Get Free Access at http://REIDealMachine.com/Resources Mentioned in this Episode:https://LiveHomeRoom.com/For Access to Real Estate Deals You Can Buy & Sell for Profit:https://AccessOffMarketDeals.com/podcast/View the Episode Description & Transcript Here:https://reidiamonds.com/getting-high-return-on-investment-through-co-living-rentals-with-johnny-wolff/Dan Breslin: Welcome to the REI Diamonds Show. I'm your host, Dan Breslin, and this is Episode 194 on getting high return on investment through co-living with Johnny Wolff.Johnny Wolff is the CEO and founder of the tech company, HomeRoom. HomeRoom is one of the fastest-growing co-living companies in the US. Johnny founded HomeRoom after a career as an analyst in Silicon Valley and then relocating to Austin, Texas, where, in both markets, he actually lived in co-living situations.Today's discussion centers around how investors can obtain outsized returns by investing in co-living housing. Co-living is a trend where many young people prefer living with roommates for both social and economic reasons. This trend exists throughout the US, and a new industry is arising to provide a professionally managed experience to both the residents and the landlords. Shall we begin?All right. Welcome to the REI Diamonds Show, Johnny Wolff. How are you doing today?Johnny Wolff: Good, Daniel. Super happy to be here and thanks for having me.Dan: Nice. It's an interesting business model. So when the booking agents connected us and floated you as a potential guest, I noticed this like, renting rooms kind of a thing, and it probably would be helpful to hear the origination story. Maybe what was the background, some of your experience, even pre-real estate investing? Certainly, a business model now. And then cap it off with kind of the business model as it stands today.Johnny: Sure. For the last few decades, I've lived with about fifty different roommates. I think it's kind of ongoing growth. I still live in roommate houses. But it really started after college. I lived in Silicon Valley. I worked in finance for technology companies and startups in the bank. And when you're in Silicon Valley, you rent rooms. You don't buy houses because they're all million dollars.And so we kind of developed different ways of finding new roommates on Craigslist and betting them, and then having really cool dinner parties. And honestly, our roommate house is like the hub. Some people lived alone, but they were boring. And people that lived in roommate houses, they're the fun ones, and they had the cool stuff going on.So I move to Austin, Texas in 2015 to invest in real estate more actively. I have been investing in single-family homes in Texas since 2008, which was about a year after I got out of college remotely and wanted to do that up close. And so I moved to Austin, bought a number of properties there in 2015, and turn them all into roommate houses.And it was difficult to cash flow. It's impossible to cash flow in Austin or very difficult. We can do it with home remodel, but it was pretty hard back th(continued)

    • 58 min
    How to Rehab a House the RIGHT Way with Van Sturgeon

    How to Rehab a House the RIGHT Way with Van Sturgeon

    Episode: How to Rehab a House the RIGHT Way with Van SturgeonGuest: Van Sturgeon owns more than 1,000 rental properties throughout the U.S. & Canada.  He’s rehabbed even more-picking up countless methods along the way.  Big Idea: Rehabbing houses is a breeze for highly successful real estate investors.  Buying property cheap, due to condition, then renovating them to force value is one of the most powerful methods of real estate investing for compounding wealth.  BRRR, or the buy, renovate, rent, & refi strategy is one of real estate investor’s favorite strategy for building a large portfolio with a limited amount of capital.This Episode of The REI Diamonds Show is Sponsored by the Deal Machine. This Software Enables Real Estate Investors to Develop a Reliable & Low Cost Source of Off Market Deals. For a Limited Time, You Get Free Access at http://REIDealMachine.com/Resources Mentioned in this Episode:http://www.VanSturgeon.comFor Access to Real Estate Deals You Can Buy & Sell for Profit:https://AccessOffMarketDeals.com/podcast/View the Episode Description & Transcript Here:https://reidiamonds.com/how-to-rehab-a-house-the-right-way-with-van-sturgeon/Dan Breslin: Today’s guest, Van Sturgeon, personally owns more than 1,000 rental properties throughout the US and Canada. He’s rehabbed even more, picking up countless methods along the way. Rehabbing houses is a breeze for highly successful real estate investors. Buying property cheap due to the condition, then renovating those properties to force value is one of the most powerful methods for compounding wealth. The skill of rehab is crucial to the BRRRR method. You know, the Buy, Renovate, Rent, and Refi strategy is used to build a large portfolio using a limited amount of capital. During this episode, Van and I will dive deep into the renovation aspect of the real estate business along with other topics such as large multifamily investing and market selection. Let’s begin.Van:  I went off to University. Graduated. I had an opportunity to go off and become a lawyer. Got accepted to several law schools, but my heart wasn’t in it. And I had a very difficult conversation with my parents saying, “Hey, I just don’t want to do this. I don’t see myself being a lawyer. I really enjoy Real Estate, really enjoy being a junk contractor.” And so, that’s where they begrudgingly gave their approval, and I went off in Chicago and became a general contractor. I started knocking on doors, started to network, started to create relationships with individuals, and trying to grow this business. Thankfully, the early 90s was a period of time that I started to get busier, and one of the things I kept running into were these career Real Estate Investors. People that this was their means of business, whether they were buying and flipping properties or buying and adding them to their portfolio. I started to network with these people. Start to see what these people are doing, and then I got around to actually doing it myself.The first property, I remember it like it was yesterday, I purchased it for $43,000 or $44,000, something like that. It was a real beat-up little bungalow. I still have some decrepit, little photographs of it for what I did to it because I was so proud of it. I bought it and I renovated it. And several months later, it cost me around $17,000 to $18,000 at the time to renovate it, I put it up for sale. I sold it for 90 something thousand dollars. All in all, I made $30,000. At that time in 1991, to make $30,000, that was a heck of a lot of beans, because the average salary was around $25,000 to $30,000 and I made that in four, five months.So I immediately got hooked on it and I was like, well, this is something that I wanted to do. So it was sort of, it ran in parallel. I was growing just the general contracting business and at the same time doing flips on the side and growing that side of the business. I’ve been very lucky and for(continued)

    • 1 hr 1 min
    Converting Dead Leads to Cash with Chris Craddock

    Converting Dead Leads to Cash with Chris Craddock

    Episode: Converting Dead Leads to Cash with Chris Craddock

    Guest: Chris Craddock is the Founder and CEO of The Redux Group, a real estate team that sold over $150 million in real estate in 2020 throughout the Washington DC & Richmond Virginia region. He is the host of the Uncommon Real Estate Podcast.

    Big Idea: Homebuying companies can generate $10,000 or more every month by converting their dead leads into cash. Direct to seller marketing for real estate investors is a great way to generate deal flow. The waste product of this lead generation is that you end up with many retail-price seeking sellers. Chris and I discuss the process of converting those leads to cash in this podcast-plus much more.

    This Episode of The REI Diamonds Show is Sponsored by the Deal Machine. This Software Enables Real Estate Investors to Develop a Reliable & Low Cost Source of Off Market Deals. For a Limited Time, You Get Free Access at http://REIDealMachine.com/

    Resources Mentioned in this Episode:
    https://www.WholesalingInc.com/Revive

    For Access to Real Estate Deals You Can Buy & Sell for Profit:
    https://AccessOffMarketDeals.com/podcast/

    View the Episode Description & Transcript Here:
    https://reidiamonds.com/converting-dead-leads-to-cash-with-chris-craddock/

    Dan Breslin: Today’s guest, Chris Craddock, is the founder and CEO of The Redux Group, a real estate brokerage team that sold over $150 million in real estate in 2020 alone, throughout the Washington DC and Richmond, Virginia region. He is the host of the Uncommon Real Estate podcast, as well. The big idea for today’s episode is that home buying companies like us, your direct seller marketing companies, can generate $10,000 or more every month by converting their dead leads into cash.

    Direct to seller marketing for real estate. investors is a phenomenal way to generate deal flow, however, the waste product of this type of lead generation is that you end up with many retail price-seeking sellers that simply don’t fit for most of our buy box, as real estate investors.

    I know I’m looking for houses that need a renovation, can fix them up, can flip them retail, that’s what I’m looking for. There’s not much I can do with the retail price-seeking sellers.

    Chris and I are going to do a deep dive on this, the converting of these leads into cash on this podcast, plus much more. Shall we get started?

    All right. Welcome to the REI Diamond Show.,Chris, how are you doing today?

    Chris Craddock: I’m great, brother. Glad to be here with you.

    Dan: Nice. For listeners who might not know who you are, do you want to do a little bit of a background story, Reader’s Digest, of what you have done and what your business looks like today?

    Chris: Sure, yeah. I’ll try to give a one-minute version. 2000, I graduated college, then I stopped[?] with an organization called Young Life. Loved it, changed my life. It’s amazing. 2003, my wife got pregnant. I knew I wasn’t going to be able to live on 20,000 a year in the DC area, so I went to the library and checked out every book I could on real estate investing and read every book they had, almost like an idiot. I always say, “massive imperfect action”, right? Imperfect action trumps perfect inaction any day of the week. I just started knocking on distressed properties’ doors, and somehow in 4 months, I made 12 times what I made in a year. I was like, “This is awesome,” and so I just put that money away. We bought the house we live in now. I continued to administer stuff. I have 6 kids. As I got more kids, the money started disappearing fast, so I started flipping houses again.

    At that point, it was after the crash, and so it was short sales. At the time, short sales are pretty easy to flip, but if you were licensed, they would pay a commission. Since then they changed their margin, so it’s a little bit harder to flip short sales these days. It’s still doable, but harder. I ended up getting licensed. During that time(co

    • 46 min

Customer Reviews

5.0 out of 5
34 Ratings

34 Ratings

megan@podcastingyou ,

Awesome Content!

Dan does such a good job covering a variety of topics. The guests offer valuable insight as well. I would recommend this podcast to anyone looking to be inspired and informed!

Sarah Friess ,

Amazing Podcast!

I highly recommend this podcast! Dan and his guests give great advice and offer new perspectives!

Josh Plave ,

Wealth of Knowledge

What I like most about this podcast is the wide variety of topics it covers. Each guest has different nuggets of wisdon, and Dan does a great job leading the conversation. Highly recommend for any investor wanting to learn more!

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