202 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

    • Investing
    • 5.0 • 31 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.

    Get Max Cashflow from Buying Vacation Rental Property with Avery Carl

    Get Max Cashflow from Buying Vacation Rental Property with Avery Carl

    Episode: Buying Vacation Rental Property with Avery Carl

    Guest: Avery Carl is the founder of The Short Term Shop. Their focus is managing & buying vacation rental property in stable, long term vacation rental markets.

    Big Idea: “What can we buy to make the most amount of money possible so that we can buy more properties quickly?” asked Avery as she was building her rental portfolio early on, she found herself with enough capital for just one more down payment. The answer to the question led her to buying vacation rental property throughout Florida, Tennessee and Alabama.

    Avery now runs The Short Term Shop and has closed more than 350 vacation rentals for her clients. Her done-with-you approach allows investors to maximize their income while managing from afar. She created the STS University to help new vacation rental owners learn the ropes. It it possible to effectively run your investment from 500 miles away? Listen to find out.

    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.TheShortTermShop.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/get-max-cashflow-from-buying-vacation-rental-property-with-avery-carl/

    Dan Breslin: Welcome to the REI Diamond Show. I am your host Dan Breslin and this is episode 184 on buying vacation rental property with Avery Carl. If you’re in the building wealth through real estate investing, congratulations, 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 real estate.

    Today we are joined by Avery Carl. Avery runs the Short Term Shop, a high-volume boutique real-estate firm focused on short-term vacation rentals. We cover exactly what’s needed to get into and profitably operate a vacation rental. We also talked about a few of the hottest vacation rental markets in the US and why those markets tend to be a more stable investment over the long term and finally, we discussed a few reasons why adding a vacation rental or two or three is a perfect start or addition to any real estate investors portfolio. No matter where you’re currently located. Let’s begin. All right Avery Carl, welcome to the REI Diamond Show. How you doing today?

    Avery Carl: Pretty good. How are you?

    Dan: I am doing well. So we’re just the beginning of February here for a timestamp. I am curious where you are recording from in the country and what the weather is like there currently?

    Avery: I am recording in 30A, Florida so Panhandle of Florida and it is about 65 degrees.

    Dan: Is that cold for you guys there?

    Avery: Yeah.

    Dan: Yeah. We’re getting the polar vortex here in Chicago and we have the ice shelf forming out the window here and it’s cold. It’s making me want to jump in the car and drive to Florida and spend some time in a vacation rental, which the’re all pretty much booked up in Florida right now. We checked but we all get to all that in a moment. So Avery, do you want to start out by telling us how you got started in real estate? And what does your primary business model look like today?

    Avery: Absolutely. So I kind of ended up in real estate and real estate investing by mistake or not by mistake. I just kind of fell into it, my husband and I moved to Nashville, Tennessee in 2013 from New York City. And, obviously, we who can’t afford to buy something in New York City wh

    • 50 min
    Virtual Wholesale Real Estate Investing with Brandon Barnes

    Virtual Wholesale Real Estate Investing with Brandon Barnes

    Guest: Brandon Barnes focuses on virtual wholesale real estate investing in the Atlanta, Georgia market. He does over $1 million per year in revenue.

    Big Idea: “That’s a Real Estate Investor’s Superpower: Being Able to Comp Properties & Have a Feel for Purchase Price” Brandon mentions this “superpower” about half way into the interview. He’s spot on. The Real Estate Investor’s Superpower can be summed up in two main points. First you have to know how much to offer so that you get your offer accepted. Second, you have to know how much you can sell the house for once you’re done renovation. Or renting & refinancing if you’re planning to buy & hold.

    Brandon believes in Offers Over Appointments. In other words, he and his team would rather simply make offers over the phone than schedule face to face appointments. This is obvious if you’re a virtual wholesaler, but most of us in real estate prefer seeing the property prior to making an offer. You have to at least see photos before making an offer, right? The answer may surprise you. Check out the episode for full details.

    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.SendMoreOffers.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/virtual-wholesale-real-estate-investing-with-brandon-barnes/

    Dan Breslin: Welcome to the REI Diamonds Show. I am your host, Dan Breslin, and this is episode 183 on Virtual Wholesale Real Estate Investing with Brandon Barnes. If you are 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. I invite them onto 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 real estate.

    Dan: Now, most real estate investors, including myself, prefer making offers after physically seeing the house. You go see the condition, underwrite the deal, figure out the values. They have to repair value and then make an offer. Today’s guest, Brandon Barnes, he used to do the same, but now, he prefers making all of his offers immediately over the phone without ever seeing the property or even seeing photos of the property. I mean, how does this work? Do we not need to know the condition of the house to make an offer or at a minimum, see the photos? These answers may surprise you.

    Dan: All right. Welcome Brandon Barnes to the REI Diamonds Show. How are you doing today?

    Brandon Barnes: Hey, I am well. Thank you for having me there.

    Dan: Yeah, for sure. It has been much anticipated. Your name has been floating around the Atlanta Market where I do a lot of business for the past couple years here. I was highly excited to look forward to having you get on the show here once we started getting together with bookings. For those that may not know who Brandon Barnes already is, do you want to kind of give a little bit of a background for us, Brandon? Maybe how you began real estate investing and maybe even the details about your first deal if you could go back to that origination.

    Brandon: Yeah, for sure. Look, I am here in the Atlanta area just like you mentioned. I started off my journey whole selling, specifically. I mean, that is just the art of finding off-market properties at a discount and kind of jumping to this game by chance, honestly. I gotten fired from a Corporate America job and I always thought I would climb the ladder and become an entreprene

    • 57 min
    Motivated Seller Leads from REI Radio Advertising with Chris Arnold - Real Estate Investor

    Motivated Seller Leads from REI Radio Advertising with Chris Arnold - Real Estate Investor

    Episode: Motivated Seller Leads from REI Radio Advertising with Chris Arnold- Real Estate Investor

    Guest: Chris Arnold is the co-founder of COSA Investments, one of the largest wholesale companies in the DFW Metroplex. Chris’ primary source of motivated seller leads is radio advertising. With that experience, he recently launched the REI Radio coaching program.

    Big Idea: “Radio is the Marketing Channel that Everyone Knows About, but isn’t Using” Chris and I discuss how to buy radio advertising to generate motivated seller leads. Buying radio ads is like buying fix & flip real estate deals. You simply cannot pay retail and make it work. The money is made in the buy.

    The REI Radio strategy that Chris tested & produced provides the entire framework for building a radio advertising program to generate distressed seller leads.

    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/reiradio/

    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/motivated-seller-leads-from-rei-radio-advertising-with-chris-arnold-real-estate-investor/

    Chris Arnold & I Discuss REI Radio:
    • Buying Radio Ads is Like Buying Investment Real Estate
    • The “MLS” for Radio Advertising
    • Major Mistakes I’ve Made in Radio
    • Initial Budgets Lower than You’d Expect. A lot lower.

    Relevant Episodes: (There are 182 Content Packed Interviews in Total)
    • Owning & Operating 4,500 Apartment Units with Mark Kenney
    https://reidiamonds.com/owning-operating-4500-apartment-units-with-mark-kenney/
    • Benefits of Scaling to $350 Million in Self Storage with Kris Benson
    https://reidiamonds.com/benefits-of-scaling-to-350-million-in-self-storage/
    • From House Hacking to $300 Million in Commercial Real Estate with Ivan Barratt
    https://reidiamonds.com/from-house-hacking-to-300-million-in-commercial-real-estate/

    • 49 min
    Anchorage Alaska Real Estate-Developing Million Dollar Homes with Joe Bell

    Anchorage Alaska Real Estate-Developing Million Dollar Homes with Joe Bell

    The Anchorage, Alaska Real Estate Market-the Land of Opportunity?

    Joe Bell is a real estate agent and investor in the Anchorage, Alaska Real Estate market. The population is less than 300,000 people. Compare this with the metro population of Chicago at 8 million, or even Atlanta with 6 million, and you might wonder just how much opportunity could exist in a smaller city like this.

    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/

    http://www.LegacyBeyondListings.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/anchorage-alaska-real-estate-developing-million-dollar-homes-with-joe-bell/

    Episode: Anchorage Alaska Real Estate-Developing Million Dollar Homes with Joe Bell

    Guest: Joe Bell is the author of Assets, Acquisitions, & Abundance: A Guide to Building True Wealth & Legacy through Real Estate. Joe is also a Real Estate Agent from Anchorage Alaska. Joe used to run a billion dollar/year brokerage business before dedicating his primary focus to investing, building new homes, and helping others find the way to long term wealth

    Big Idea: “You’re in the Business of Real Estate to BUY REAL ESTATE.” Joe’s experience running a billion dollar brokerage business revealed too many agents generated solid commission income their entire career, but found themselves without assets later in life as retirement loomed. He developed Legacy Beyond Listings to help real estate professionals see the opportunity in buying & selling instead of simply transacting. Of course this comes with some risk. This past March, Joe was preparing to break ground on a million dollar new construction deal. As Covid began shutting down the world, his $900K in funding disappeared, leaving him holding the bag on the half-started, high stakes project. Think he was able to pull it off? You’ll have to check out the episode to find out!

    Transactions are Like Crack. Do it Once & You Can Never Stop...

    Fix & flip investors, wholesalers, & even real estate agents typically begin their career by closing a deal. That's where it all starts. Then they discover they have to close another deal, and yet another to keep the income machine moving. It's like being on a treadmill where you can never stop running. If you stop doing transactions, the income also stops. I know this because it's my experience.

    I've been in the business of flipping houses since 2006. This past year we bought & sold 283 houses. We are running FAST on that treadmill to keep the income machine working. Contrast this "transactional" method with that of buy & hold investor whose goal is purchasing and controlling real estate or the long term.

    The buy & hold investor eventually reaches a certain scale and can stop a acquiring new deals. Over time, as rental rates rise, the buy & hold investor reaches a point where they can sit back and simply manage the portfolio and live on the income. My path in real estate investing provides plenty of income, but automatic momentum if I were to stop doing transactions. I'm hooked, and I will not stop. Truth be told, I LOVE flipping houses & transforming neighborhoods. For me, this business stopped being about the money a long time ago.

    Buying & Holding Assets is Like a Healthy Diet & Exercise

    When I was in college I had a friend with a wealthy father. I grew up broke and assumed anyone who was rich just had a lot of money. When I asked him, "How much money does your dad have?" He answered, "It's not about how much money you have. It's about how many assets you own & operate effectively" It's taken me years to fully grasp the tr

    • 1 hr 7 min
    Buying Mortgage Notes Generates 15% + Returns with Brian Lauchner

    Buying Mortgage Notes Generates 15% + Returns with Brian Lauchner

    Are you earning 15% on your passive investments? Would you consider buying mortgage notes if you could generate those returns? Many investors in the real estate business routinely earn these type of returns. Even more.

    During this investing podcast, Brian Lauchner and I discuss two main topics. First, how to close more deals as a real estate investor using creative financing methods powered by the use of purchase notes. Second, we discuss how to sell those performing notes and generate quick cash.

    INTERESTED IN ATTENDING THE LIVE, VIRTUAL FULL DAY "GOLD IN NOTES" TRAINING?
    "Gold in Notes" Live Training Coming Up Soon. Normally $97, You Can Attend FREE when you Sign up at http://www.REINoteSchool.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/buying-mortgage-notes-generates-15-returns-with-brian-lauchner/

    Check Out the Full Archive of The R.E.I. Diamonds Show:
    https://REIDiamonds.com/podcast/

    How to Buy Mortgage Notes

    The first logical step in generating large returns on investment capital is to figure out how to buy mortgage notes. It begins with understanding the risk & return of buying the note. Think about it this way, if you were to buy a stock, you'd first like to do some due diligence on the company. Maybe find out if they're profitable, whether they have a good business model, or even if you trust the team running the company. In the same way, you can evaluate the risk of a real estate note by determining probability that the borrow will actually repay the note. You'd then figure out your potential return by calculating the unpaid balance (UPB) and considering the interest rate. There are quite a few types of mortgage notes. One way to categorize them would be sorting them into performing notes & non-performing notes. Performing notes would be situations where the borrower is current on their payments. Non performing notes are situations where the borrower has stopped making payments or violated the terms of the note in some other way. The other way could be an expired balloon payment.

    Both performing & non-performing notes trade at a discount to UPB. The discount you can expect as a note buyer on a performing notes is smaller than you might expect on a non-performing note. The reason being that the non-performing notes require more work to realize a return. You must either work out a new payment plan with the borrower or foreclosure to recover your investment. The bigger the discount, the larger the return. Assuming you an actually get paid.

    Brian and I discuss the process of buying mortgage notes in detail during the episode. Perhaps a better question: "How are these mortgage notes created? What is the source?"

    Creative Financing Real Estate Methods-the Key to No Money Down Deals

    Find the source, cut out the middleman, and you put yourself in the most powerful position for profit, right? So the source of mortgage notes is to be the money lender yourself. You could lend hard money to rehabbers short term and easily earn 10%-15% returns on your money. However, unless you have a contact with a rehabber who is doing volume, the returns might be inconsistent. Instead you might consider creative financing real estate deals.

    Here's how it works. You purchase the property at a lower price, then resell the property at a higher price. You collect a large down payment and arrange terms of payment for he remainder-creating a note & mortgage in the process. Of course this is a very oversimplified version of events-I suggest attending the upcoming REI Note School masterclass mentioned below for a full training.

    Many note investors begin investing in real estate through the conventional route. Maybe buy a rental property or flip a few houses. Then the drag of owning rental prope

    • 1 hr 44 min
    How to Make $300K/Year Investing in Mobile Homes with No Money Down

    How to Make $300K/Year Investing in Mobile Homes with No Money Down

    Investing in mobile homes with no money down is possible if you execute the correct strategy. Jay Samera joins me on the show to discuss this strategy in detail. Investing in mobile homes can generate quick chunks of cash. Brand new investors often do their first deal and net anywhere from a few thousand dollars to $10,000 or more. Many real estate investors avoid this strategy because of they don't know the strategy. They would rather do a wholesale deal or a flip because it's more mainstream.

    Free Access to the Deal Machine software for Generating Off Market Deals by Driving for Dollars: http://REIDealMachine.com/

    Resources Mentioned in this Episode:
    https://TrailerCashAcademy.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-make-300k-year-investing-in-mobile-homes-with-no-money-down/

    Check Out the Full Archive of The R.E.I. Diamonds Show:
    https://REIDiamonds.com/podcast/

    The Mobile Home Market is Prime for Making Quick Cash

    There is nearly no competition in the mobile home investing market. This is because the real estate investing community largely ignores the mobile home market. This lack of competition refers to the buy side-dealing with a motivated seller.

    On the other side of the deal is the buyer who will occupy the property. Normally these buyers would be in the market to rent a home, but leap at the opportunity to buy rental property instead. This "buyer" is actually only buying the manufactured home, not the land beneath. Considering that fact, the purchase price paid for the house and the monthly rent payments still provide that buyer with a home they own. These buyers now have pride of ownership. They can maintain, paint, or change their home without asking any landlord. It feels good to own a home.

    This is NOT about Buying Mobile Home Parks-You do NOT own the land here...

    You don't actually "buy the property". Park owners actually own the lot and the mobile home owner pays rent. I normally pass on these deals myself because of this fact. It's also a reason many gravitate toward wholesaling houses instead-as you're doing deals on fee simple (fully owned) property which most real estate investors understand. Essentially you are buying & selling the mobile home itself. It might make more sense to think of this strategy like buying & selling cars for profit. There is a title, but no deed. The Park Owner (sometimes a real estate investment trust) holds the deed to the land. Here's why that's important:

    5 Risks that Lead to BIG Losses & How to Avoid Them

    Jay and I discuss 5 big risks which could cost you big during the show. One of the biggest risks to understand is that you're at the mercy of the land owner. That park I mentioned above? They have the ability to write the rules for their park. Every mobile home park has it's own set of rules. Some of these rules included approving any resident. Those approval processes could take months-while you're responsible for paying the lot rent. Check out the episode to discover the other 4 risks.

    Structure of a No Money Down Mobile Home Deal

    No money down real estate investing is always accomplished through creative financing. You're simply putting together sellers and buyers. Find a motivated seller and lock in a purchase price-often by arranging to make payments. Then find a buyer, set a purchase price, collect a down payment, and hold a note (or loan) for the balance.

    Be sure to collect a larger down payment than is required to pay the seller, so there is some profit left right up front in the deal. Congrats-you're just bought & sold real estate with no money. Well, I guess in this case, it's actually a mobile home. Along these same lines, creative financing applies to various types of real estate-land, apartment buildin

    • 54 min

Customer Reviews

5.0 out of 5
31 Ratings

31 Ratings

Grusha - ElitePodcastBookings ,

Great REI Content from Dan!

Really helpful content for real estate investors! Actionable! Check out previous episodes too!

swartsb22 ,

CRE wisdom!

Dan brings experience, wisdom and a heart to empower listeners to have massive success in real estate investing!

Katie Joy B. ,

Real Estate Rockstars!

Dan and his wide variety of knowledgeable guests are truly rockstars! They’re making quality real estate investment knowledge accessible to everyone because they truly believe in the power it has to change lives. The great advice they provide, combined with the relatable way in which they deliver it had me hooked from the very first listen. Thanks for putting out such a stellar show Dan - keep up the great work!

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