Cash Flow Guys Podcast

Today I am beyond excited to have my good friend and mentor, Billy Keels, joining me on this week’s episode. Billy is an American citizen who lives in Barcelona, Spain and INVESTS in the United States. Even though he already has a successful career in the technology industry, Billy was looking for ways to replace his current income with passive income to spend more time with his wife and two sons. It was Billy’s boss who initially showed Billy that long distance investing was viable.

Today I am talking with the "Land Geek" himself, Mark Podolsky. Mark became an investor after a long stint as an unhappy investment banker with a 45-minute commute one-way. Mark was approached by a fellow employee who claimed to be flipping land and making a 300% return. Mark decided to give it a try and got the same results! Over the next six months, Mark made over $90k in the investing market PART TIME.

Today we’re going to go over a huge craze in the financial market: cryptocurrency. You’ve probably heard of Bitcoin, one of the biggest names in cryptocurrency at the time of recording. People have been swearing by it or swearing AT it all over social media. So what makes this new financial market so polarizing for investors? We’ve got one of the biggest names in cryptocurrency, Mark Hopkins, aka Doctor Bitcoin, here to talk to us about it. Mark has been working in the Bitcoin field since 2011, just a few years after Bitcoin was born. The name Doctor Bitcoin was a nickname Mark picked up as the founder and editor-in-chief of Silicon Angle, an online financial blog. Mark wanted to write articles about Bitcoin and crypto block chain as an emerging technology. He threw out the name as a joke but his team loved it, and it stuck over the years. Besides Bitcoin, there’s also Ethereum and Litecoin in the market. These are all based on “block chain”, which is an internet protocol that eliminates the requirement for t

Before I begin, don’t forget to checkout my Mailbox Money Mastermind at http://CashFlowGuys.com/MMM to take your investing to the next level in 2018. One of the most popular questions I receive is “Should I get my Realtor License to invest in real estate” The short answer is “it depends” The Cons (for some):  Having a real estate license means you need to operate ethically and disclose certain things to the sellers and buyers.  For some, this may be a problem and frankly they should not be investors either if that is the case.  The state usually requires you disclose you are an agent to any buyers or sellers, again, in 17 years of transactions, never once has this hindered me in any way.  Ask yourself this question, is disclosure really a bad thing?    Let’s discuss the benefits: As a licensee, there is no need to hide in the bushes and sneak around to get paid.  A real estate license allows you to collect a fee in exchange for real estate services.  “Wholesalers” tend to spend more time figuring out how to g

Today we’re going to talk about something we’ve never covered before: sales. It doesn’t matter what business you’re in, at some point you’re going to exercise your inner salesman. If you’re not good at sales, you get nervous and stutter, then you need to hire someone who IS good at it. And that’s where we come to our guest today, James Rembert. James is considered the expert in the industry for real estate sales funnels. He’s shaken up the real estate industry with his no-bullshit approach to his own real estate business and helping others.

The definition of an off-market property has shifted drastically in recent years. I haven’t seen wholesalers in recent years that have really drafted what I would consider a decent discount. When I started wholesaling, there wasn’t really any education or podcasts for me to go on; I just rolled up my sleeves and did it. Whenever there’s a market boom, people think real estate is going to be their saving grace. That’s when the guru vultures swoop in and take your retirement and kid’s college savings to show you how to wholesale. Wholesaling has a pretty low success rate in my experience.

Today’s episode is a little something different for all of you. I’ve got my good friend and mentor Larry Harbolt in the studio today with me. For those of you who don’t know, we here at Cash Flow Guys produce Larry’s podcast, The Real Deal Podcast with Larry Harbolt. We’ve been working together for about a year and found we had a mutual passion for helping people in our market. Larry and I are both non-gurus who want to educate the real estate investing community honestly, without the sketchy bullshit many are putting out there today. Larry has been investing for 38 years, almost FOUR DECADES. There’s not a whole lot he hasn’t seen yet!

About 2 weeks ago I was in Dallas, Texas at an event called FinCon with some of my friends from here in Tampa. Some of the things I noticed at this event was how many people didn’t know HOW to network, let alone grasp basic people skills. Bad breath or body odor: This is why I carry gum and mints with me no matter where I go. It’s for me, but it’s also for other people Close talkers: Also known as “space invaders”, it’s a good idea to keep a respectful amount of distance between you and other people you’re talking to. No one’s going to think you’re rude if you don’t invade their personal bubble. Talking too much: I confess, one reason I have a podcast is because I get to talk as much as I want without anyone interrupting. However, in the real world, this doesn’t fly. You need to make sure you’re listening more than you’re talking, especially in negotiations. Be aware of how much you’re talking and make it a goal to learn something new from every conversation you have. Weak handshakes: People do judge you by

Ladies and gentlemen, today I have an expert in an area of real estate investing that I’ve been looking forward to interviewing for a long time. This is an area I myself am incredibly interested in and had a hard time finding a qualified expert to talk with. But I found him, and his name is Hunter Thompson, a leader in the self-storage investing market with his firm Cashflow Connections.

Whoa… Episode 100, can you believe that?  It seems like yesterday I sat down in front of my MacBook, plugged in a couple of microphones and “poof” I had a podcast. On that first day, I had no idea what the future would hold for me and the Cash Flow Guys brand.  Little did I know I would reach people from around the world and spread my message about getting out of the rat race. Many of you have expressed that one of the main reasons you listen to this podcast is because I am just a regular guy, who keeps it genuine and simple.  Even though this show has grown quite a bit since day one, I am still that same guy who was kinda terrified when I first pressed record and spoke into the microphone.  Over the last 100 episodes I have met many great people and learned quite a bit at the same time.  Part of the reason I decided to launch this podcast was because I needed to learn more myself..MUCH more, I needed to sharpen my sword and this experience has accomplished that and far more. Thank you to all who have carved

Today, we are going to change things up a bit. You could call this a back to basics episode, but it's not. Today is going to be some of the most critical information delivered to you ever done on this podcast. This is a two-part series. I'm bringing in my management team from Memphis for this one. On the phone is Danny Quinn, my man on the street, the guy with the boots on the ground. He's the guy that makes it happen in Memphis for us and keeps things the way they should be. Without Danny, I'm convinced I wouldn't be in business in Tennessee. We're going to talk about how what we do in Memphis comes from the mindset of how we take care of our clients in Tennessee. We look at our tenants as they are our clients. That's our mindset.

I am beyond excited to bring you my guest today who is going to talk to us about investing with “Subject To” deals. Jonathan has over 30 years of real estate experience and runs his own Facebook group with over 11,000 members, where he brings incredible value to the market. Subject To is something that I personally have had issues with, specifically with people abusing the deal structure. Subject To needs to be done more conservatively and the deal HAS to be able to pay for itself. Murphy’s Law can strike at any time, so there’s no reason to invite him in to the party. You need to make sure that you are taking care of YOUR seller when Murphy does decide to come call. The one key reason for a seller to allow an investor to take over their payments on a mortgage: because it solves THEIR problem. Usually the problem is more than just money, such as death, divorce, or some other life issue. Working with Subject To sellers is an honor, both because of the opportunity to make money and the bonus of avoiding the hig

Today I’m going to be talking with you all about investing in debt, or what we investors also call the “note investing” business. To be honest, I wasn’t a huge fan of this investing strategy when I got started simply because I didn’t understand. But thanks to my note investing partners who “dumbed it down” for me and did a breakdown of the process, I’m a lot more confident working in this market. And that’s my goal today, to help all of you understand how to invest in debt, acquire notes, and not be afraid of the unknown. Because you’ll know! There are 2 types of notes in the market: performing and non-performing notes. Performing notes are when the borrower is paying the bill and there’s no back payments, no issues. A non-performing note, however, happens when the borrower is having trouble making payments. Now why would you want to invest in a note where the borrower ISN’T making their payments?! Well, that’s because when they fail to make payments, the terms of the note is violated. When this happens, ther

Today I’m joined by Jason Hartman, an investor with THOUSANDS of transactions under his belt in 11 cities and 17 states. Jason began working in real estate at the age of 19, brokering properties for clients, while at the same time building his own portfolio. Jason became one of the top 1% of brokers in the US and earned many prestigious industry awards.

This week I’m going to walk you through the steps you take AFTER you’ve placed the offer. But before we get into that, I’d like to remind all my listeners about my FREE 4-part email course, "Mailbox Money".

In this episode, I will show you EXACTLY how amazing real estate investing is for your life and your pocketbook! In December of 2014, Jill and Tyler Sheff purchased a fourplex using a VA loan. Not only did we NOT have to put money down, but we WALKED AWAY from the negotiations with money in our pockets thanks to our fantastic team of lenders and title companies. If you already own property, go out and BUY ONE MORE. We're going to use our equity to purchase MORE cash-flowing properties, rinse, and repeat. It is genuinely not rocket science folks, and it's not a pipe dream only for the elite!

Today I’m joined by Ben Leybovich, a real hands-on investor, owner of “JustAskBenWhy.com”, contributor to Bigger Pockets, and author of “House Hacking”. I’ve been a HUGE fan of Ben’s for years now since I began my real estate investing career (again), and I am beyond excited to have him joining us today. Ben is one of my favorite people because he backs up his knowledge with REAL ACTION. In today’s market saturated by “guru theorists”, that is a rare feat and one that needs to be celebrated and repeated as often as possible. Ben was formally a concert violinist and also suffers from Multiple Sclerosis (MS), which can cause pain daily for sufferers. Despite this diagnosis, Ben made the choice to charge forward in his investing career rather than let the disease bring him down. Ben has also created a system, named by his friend Brandon Turner, “House Hacking”. This concept is meant to create a lifestyle you’ve dreamed of now without the traditional deferred gratification of a 9 to 5 job, trudging toward retirem

Today’s show is a pretty big departure from the norm. Usually, I teach you an aspect of real estate investing or a wealth-building strategy, but today I’m joined with Dave Fulk, President of National Credit Federation. Dave is going to show you how you can protect yourself against creditors and bottom-feeder lenders so you don’t end up paying an arm and a leg in interest and fees as you’re building your portfolio. As a former mortgage loan officer, Dave knows how the bank thinks and how you can present yourself in the best light to get lines of credit.

In recent weeks my trust has been violated by people that I chose to do business with.  I trusted these people to do the right thing, to follow through on their promises and was instead left wronged and disappointed. On this podcast, and while working with students and clients I preach to always document everything and to be sure all parties sign agreements that are prepared by attorneys. My mom raised me to be honest and ethical in all my dealings, to not take advantage of people and to be transparent and not feel that I have to hide from people or the truth.  My Dad (who I loved dearly god rest his soul) had a tendency to “stretch the facts” so to speak.  That always bothered me growing up.  Sometimes family and friends called him a “BS Artist” which upset me although I must admit that was partially true. In my early twenties I “stretched the truth” to a friend and was found out.  This person was very hurt by this incident, and knowing that my poor choices had a negative impact on another person bothered me

The band “The Eagles” wrote and published the song “Life In The Fast Lane” many years ago.  It was a popular song that headed to the top of the charts.  If talked about living large, running at full speed and so on. In today’s real estate world, many investors seem to be running in the fast lane which is concerning to say the least. Why is it that broke people turn to real estate as the solution?  What is the lure to real estate that attracts so many people with dreams of riches and fame? We Americans tend to idolize those who are perceived to be rich and successful.  Those who are “stuck in the rat race” view those that are not as “different”, mysterious and worthy of attention. What is the rat race?  Robert Kiyosaki wrote the book “Rich Dad Poor Dad” which is what first educated me about the rat race.  It kinda goes like this..get up, go to work, come home, pay bills, go to sleep, get up and go to work again. Many Americans are stuck in this rut with no hope of escaping.  Many believe that achieving riches