1000Houses.com Podcast

Craig Cody is a Certified Tax Coach, Certified Public Accountant, Business Owner and Former New York City Police Officer with 17 years experience on the Force. In addition to being a Certified Public Accountant for the past 15 years, he is also a Certified Tax Coach. As a Certified Tax Coach, Craig belongs to a select group of tax practitioners throughout the country who undergo extensive training and continued education on various tax planning techniques and strategies to become, as well as remain, certified. With this organization, Craig has co-authored an Amazon best seller book, Secrets of a Tax-Free Life.

What you’ll learn about in this episode: Craig’s background What proactive tax planning is and how it can help minimize your taxes Why choosing the wrong entity for your business is a huge mistake The estate planning services Craig Cody’s business provides Why you need to constantly plan with a CPA (not just once a year) Doing bookkeeping the right way from the beginning Utilizing solo 401k plans and the need to have a CPA to do it correctly How often to speak with your CPA Little things that investors frequently miss Craig’s books “10 Biggest Tax Mistakes That Cost Real Estate Investors Thousands” and “Secrets of a Tax Free Life” The ripple effect of taxation that business owners create Resources: REInvestorSummit.com/cody REInvestorSummit.com/Capital REInvestorSummit.com/101 REInvestorSummit.com/NoteServicing REInvestorSummit.com/aof

Mitch Stephen has been a self-employed RE investor for 20+ years. His real estate investing career started at the age of 23 when he read “Nothing Down” by Robert Allen.

REAL ESTATE INVESTOR: Mitch, together with his wife, Tommi, and his daughter, Shannon purchased their fair share of local houses. Their company, Independence Day, Inc., has bought and sold over 1,400 properties in and about San Antonio, Tx since 1996. This company specializes in buying distressed properties with OPM and the selling of those owner financed properties.

AUTHOR: Mitch is the author 3 books:

MY LIFE & 1,000 HOUSES: Failing Forward to Financial Freedom

MY LIFE & 1,000 HOUSES: 200+ Ways to Find Bargain Properties

My Life & 1,000 Houses The Art of Owner Financing

For more info about these books go to http://1000houses.com/the-book/

EDUCATOR: Mitch offers Online Education, Group Coaching, and one-on-one Mentorships as it relates to all the aspects of Owner Financing and owner financed properties.

Mitch forged the creation of a mass texting software, LiveComm.com to help solve problems that arise when you get numerous calls from bandit signs and other advertising efforts to sell your houses.http://LiveComm.com.

The main reason Mitch wanted this system was to reduce the number of calls from potential buyers (that asked the same questions over and over) to a group of the most qualified buyers, saving time for the sales team. This solves that and much more to streamline you selling process. Listen in to find out what a time saver this system can be for you and your sales team.

What you’ll learn about in this episode: Why you need to get into this business without using any of your own money Why the excuses about why you can’t do this business are completely bogus Why it’s not about you — and is about the deal Making people to ask you if they can participate Why you absolutely need private money The numbers game that exists with private money Why begging people for their money is a backwards mindset Why you need to find the deal before you find the deal Why you need to learn to write an effective contract Why you need to learn how to negotiate great deals Resources: REInvestorSummit.com/coaching REInvestorSummit.com/Pro REInvestorSummit.com/live REInvestorSummit.com/NoteServicing REInvestorSummit.com/101

Bill Young has started and ran small businesses since his 20’s (he’s 65 now), and has studied with many real estate investors during that time.

Bill met Mitch in 2006 or so at the San Antonio Real Estate Investors Association when he was living there. Not long after that, the real estate bubble burst, and he was not positioned to buy properties in the down market that followed.

He returned to his second home in Baja California, Mexico for the next few years and just returned to Texas a couple of years ago. Bill knew It was time for me to get involved in real estate investing, so he contacted Mitch to get involved in his mentoring program.

In February 2016 he sold some assets and bought 4 houses that he began rehabbing. He learned many lessons the hard way as to why Mitch encourages people to buy livable houses at low prices and resell them without doing any, or very little work on them.

He still has three of the original 4 houses that he is trying to sell, but in the meantime he has bought one house with private money and resold it for twice what he paid for it- without doing anything to it! He is now a complete convert to the owner financing way of real estate investing.

What you’ll learn about in this episode: Bill’s background While Bill is glad he’s spent a lot of money on seminars throughout the years Bill’s early rehab deals and why he’s done into owner financing since then Why you shouldn’t rehab houses Bill strengths and weaknesses Having a real estate mentor that doesn’t live where you are Why you absolutely need a mentor Advice Bill has for young people wanting to get into real estate Resources: REInvestorSummit.com/coaching REInvestorSummit.com/Pro REInvestorSummit.com/Grow REInvestorSummit.com/Live REInvestorSummit.com/101

Bill Manassero (pronounced “MANNA+ SARROW”)is the host and top dog of The Old Dawg’s REI Network, a web site, blog, newsletter and new weekly podcast for people 50 years and older who are using real estate investing as a means to fund their retirement years and create a legacy for their children and grandchildren.

At 60 years of age, he came off the mission field with very little retirement funds and the dilemma of going back to work or finding another way of making money. He chose real estate investing. As he pursues REI he is also committed to helping others who are in the same situation by sharing his journey via the Old Dawg’s REI Network. In addition, he will feature knowledgeable guests and other investors on his weekly podcast. Bill’s goal is to own/control 1,000 units/doors in less than 6 years. He plans to double the number of units/doors of each prior year. He is currently at 28 doors and in year two.

Prior to forming the Old Dawg’s REI Network, Bill and his family were missionaries to orphaned, abandoned and at-risk children living on the streets of Port-au-Prince Haiti. Prior to Haiti he was a professional musician and, prior to that spent over 20 years in business on the corporate and entrepreneurial side. A few highlights of his career include meeting Ronald Reagan, running an annual event for actor Jimmy Stewart, being interviewed by Oprah Winfrey and having CNN produce a documentary on their work in Haiti.

What you’ll learn about in this episode: Bill’s background and why he started The Old Dawg’s REI Network The economies of scale Bill noticed when buying properties of different kinds Bill’s goal of 1000 units by 2020 and how he’s going to get there The markets Bill owns in Stealth tennant marketing: how Bill turned around an area that wasn’t as occupied as it should have been Why Bill likes multi-family over single-family How to find a lot of buyers and renters How Bill find his properties How Bill funds his properties — and the opportunities to partner with Bill Bill’s podcast The Old Dawg’s REI Network Why you should never let an offer die on your side of the table Resources: REInvestorSummit.com/dawgs REInvestorSummit.com/Live REInvestorSummit.com/grow REInvestorSummit.com/aof REInvestorSummit.com/200+

Mitch Stephen has been a self-employed RE investor for 20+ years. His real estate investing career started at the age of 23 when he read “Nothing Down” by Robert Allen.

REAL ESTATE INVESTOR: Mitch, together with his wife, Tommi, and his daughter, Shannon purchased their fair share of local houses. Their company, Independence Day, Inc., has bought and sold over 1,400 properties in and about San Antonio, Tx since 1996. This company specializes in buying distressed properties with OPM and the selling of those owner financed properties.

AUTHOR: Mitch is the author 3 books:

MY LIFE & 1,000 HOUSES: Failing Forward to Financial Freedom

MY LIFE & 1,000 HOUSES: 200+ Ways to Find Bargain Properties

My Life & 1,000 Houses The Art of Owner Financing

For more info about these books go to http://1000houses.com/the-book/

EDUCATOR: Mitch offers Online Education, Group Coaching, and one-on-one Mentorships as it relates to all the aspects of Owner Financing and owner financed properties.

Mitch forged the creation of a mass texting software, LiveComm.com to help solve problems that arise when you get numerous calls from bandit signs and other advertising efforts to sell your houses.http://LiveComm.com.

The main reason Mitch wanted this system was to reduce the number of calls from potential buyers (that asked the same questions over and over) to a group of the most qualified buyers, saving time for the sales team. This solves that and much more to streamline you selling process. Listen in to find out what a time saver this system can be for you and your sales team.

What you’ll learn about in this episode: Mitch’s owner financing strategy and why he developed LiveComm What LiveComm is and how it saves you and you team lots of time LiveComm’s best features: creating text distribution lists, greeting message, forwarding options, responding to live caller and more How Mitch and his students use LiveComm.com to sell houses How to use unique phone numbers for selling different properties Why people are directed to call a prerecorded message How to get the most qualified people to call you Why text messaging is a much better way to reach people than email Segmenting your lists to hit a certain number of customers How other businesses can use LiveComm.com effectively Resources: REInvestorSummit.com/Live REInvestorSummit.com/Capital REInvestorSummit.com/200+ REInvestorSummit.com/101 REInvestorSummit.com/aof REInvestorSummit.com/coaching

Dwan Bent-Twyford, America’s Most Sought-After Real Estate Investor, started as a broke, single mom who had been fired from Denny’s. She now heads up “The Investor’s Edge University” – A company that specializes in training new and seasoned investors in a wide range of real estate investing techniques through live workshops, weekly webinars, a member site, and seminars.

Having Flipped over 2,000 deals herself she is more than qualified to share her vast knowledge of real estate investing with America.

Dwan is affectionately known as the “Queen of Short Sales”® and is considered to be the Nation’s #1 Expert on Short Sales & Foreclosures. She has written two best sellers, “Short Sale Pre-Foreclosure Investing” & “How to Sell a House When It’s Worth Less Than the Mortgage”.

She is highly sought after and has been featured on Fox and Friends, MSNBC, Naomi’s Good Morning, Colorado and Company, and many other TV, radio, and print medias.

In addition to being the Nation’s #1 real estate investing expert, she is a Christian, mother, wife, financial counselor for her church, and a corporate sponsor of Orrin Hudson’s “Be Someone” nonprofit organization – an after-school program designed to keep kids off the streets.

Her goal never changes – to make a difference in the lives of others! God Bless…

What you’ll learn about in this episode: Dwan’s background and how she get into real estate Dwan’s first deal How she got into wholesaling Why you shouldn’t tell people how much money you’re making Why Dwan decided to teach others what she’s learned How Dwan met and worked with Steve Forbes Why owner financing is the strategy Dwan uses now Why using the owner financing system isn’t taking advantage of people — it’s giving them an opportunity Why you need to recognize people that don’t take responsibility Why you can’t afford not to have a mentor Why — if you’re going to make a million dollars in a year — you need to blow past that threshold, not sneak over it Resources: REInvestorSummit.com/shortsales REInvestorSummit.com/grow REInvestorSummit.com/noteservicing REInvestorSummit.com/200+ REInvestorSummit.com/101

Trevor Mauch cut his teeth in real estate in college and through years of trial and error, learned how to generate leads online effectively through inbound online marketing (to the tune of 84,000+ real estate related leads and counting). He leads the Carrot© team and focuses on helping members get the result they want. But, away from business… Trevor loves mountain biking, golfing, and spends most of his time with his wife and 3 young kids.

It sounds corny… but what fuels Trevor in business and life is impact and being that spark of positivity and possibility that helps amplify leaders to better make their greater impact in life and business.

He’s fortunate enough to have never had a real job for anyone else… but that also means that along the way he’s had to make a ton of his own mistakes. Those mistakes and a handful of core operating principles on how he lives his life have helped him do some pretty fun and cool things in business up to this point. His main business gig is as the Chief Experience Officer (CEO) of Carrot, a software as a service company that helps small businesses easily create a website to generate inbound leads through the internet.

In addition, if you talk to Trevor on the phone you won’t be able to shut him up about how important wrapping mission and impact into your business are. So sharing what he learns along the way to help amplify other leaders to do bigger, better, greater, and more impactful things goes well beyond adding some extra zeros to your bank account…
… but make a lasting difference that starts a ripple of awesomeness in the world.

Other random trivia tidbits…
Has the most beautiful wife and 3 kids he could ask for. They’re why he does what he does.
Bought a 4 unit multi-family real estate investment property when he was 21 and in college with only $600 to his name (yep, those infomercials weren’t lying. Crazy huh?). It’s profited every month since then (real estate works!). He doesn’t consider himself a real estate expert though. He’s surround himself with great, ethical, honest, successful investors who are experts… for whom Carrot publishes great training programs.
Started an entrepreneur co-workspace called “The Loft” in downtown Roseburg… it’s the only office building in town with a waiting list and some amazing things are being created in that space
Once biked across the SW coast of Ireland fueled mainly on Guinness and a full Irish breakfast

Graduated from Oregon Institute of Technology (we call it the MIT of Oregon) with a 3.98 GPA with degrees in Marketing and Entrepreneurship (which was cool at the time, but he later learned it didn’t mean a thing once he graduated)

Later failed the LSAT to get into law school… twice, and turned back to his roots of entrepreneurship (thank God)
Received the Presidents Cup in Entrepreneurship at OIT for being the “top college entrepreneur” and 10 years later awarded the Oregon Institute of Technology Outstanding Alumni Achievement Award for this “entrepreneur stuff”. Look ma’, he actually used his degree for what it was meant for!
Helped take a company to the Inc. 500/5000 list in 2008 (and Carrot is heading that direction too)
Has a goal to do one thing on his “life list” a month for 10 years so he has time to make a new life list by the time he’s 40… and this is only just beginning.
What you’ll learn about in this episode:
Trevor’s background and how he started Carrot
Why Trevor works with experts and only works on what he’s good at (ex: Trevor doesn’t create websites himself)
What Carrot does to get you in front of the right people
Why you need a website for credibility
Why the right domain name is important
Carrot’s weekly mastermind sessions
Why you absolutely need a mentor — and why Trevor wishes he hadn’t waited so long to get one
How to get a mentor without paying for one
Resources:
REInvestorSummit.com/carrot
REInvestorSummit.com/core
REInvestorSummit.com/Live
REInvestorSummit.com/Capital
REInvestorSummit.com/200+
REInvestorSummit.com/101

• Here’s How »

• reinvestorsummit.com
• Real Estate Investor Summit Facebook
• Real Estate Investor Summit Twitter
• Real Estate Investor Summit YouTube
• Mitch Stephen LinkedIn

Mark’s Grandfather, Lloyd Walters, invested in his first “fixer-upper” property back in 1937 in San Jose, California. That was during the Great Depression and I can’t imagine the challenges he must have endured during that historic time of our country. It says a lot about him and the values he passed down to Mark and his father

Since that time, Mark’s family has always been passionate about real estate.

His father, Lloyd Walters, was written up in a national publication in 1985 for some revolutionary marketing ideas he shared dealing with discounted mortgages.

The demand was so great to learn more of these techniques that they wrote the first book in the country on marketing for discounted mortgages titled, “How To Find All The Discounted Mortgages You Could Ever Hope To Buy”.

After that book release they were inundated with people asking what else they were doing. They then wrote another real estate investing book, which had people requesting more ideas and the big snow ball has never stopped rolling.

By the age of 25, Mark had my own real estate brokerage. After a few years, and being more interested in the investor side of the business,he closed up shop and has not been an active broker since.

In the late 1980’s he stumbled on to Judgment Investing. That was a revelation that continues to excite those that hear about it. After putting together a progressive judgment investing plan for their own business, they started to share the strategies in a training, “The Complete Guide To Judgment Investing”.

After the savings and loan crisis of the late 1980’s and early 1990’s, in 1992 everyone packed up all their California belongings and moved to Arizona and began buying properties with the intention of riding the market up.

Guess what? The old crystal ball must have been working because over the following years Phoenix became one of the top real estate investing areas in the country.

Mark continues to enjoy sharing unique and profitable investing ideas with good people like yourself here.

What you’ll learn about in this episode: Mark’s 85 ways to find hidden bargain houses Mark’s journey and how he got into real estate, and more specifically, how he got into affordable houses What an “affordable house” is How Mark recognizes when a bubble exists Why Mark focuses on single-family homes What Mark learned from having his father and grandfather in the real estate industry The best and worst deals Mark ever made The pros and cons of having a real estate license or not Why you need to listen — both to what people want/need — and — the numbers of a deal Mark’s book “How To Find All The Discounted Mortgages You Could Ever Hope To Buy” Why Mark tries to focus on nicer properties What’s next for Mark and why you always need irons in the fire What Mark automates and what he doesn’t Resources: REInvestorSummit.com/hidden REInvestorSummit.com/create REInvestorSummit.com/grow REInvestorSummit.com/Live REInvestorSummit.com/200+ REInvestorSummit.com/101

Chris Prefontaine has been in real estate for 25+ years and has built over 100+ single family homes (1990’s), has owned a Realty Executives Franchise (Massachusetts 1994-2000) and eventually sold his brokerage business as a realtor to Coldwell Banker in 2000. The 2000’s included coaching people throughout US and Canada and doing condo conversions (multi family homes to condos) and “raise the roof” projects (converting single family ranches to colonials in growth neighborhoods).

Chris has been a big advocate of constant education and has participated annually in high end mastermind group personally with Ron LEGRAND. He also does JV deals with Ron Legrand for the $1mil + properties. Chris’s company Pre Property Solutions buys between 4-10 properties monthly and a large percentage of those are done via lease/options as well as selling via special terms lease. Chris and his family/team has done over 75 million in real estate transactions. Chris also coaches others throughout the country to do the same. He has passion in helping others in allowing them to grow to their full potential.

What you’ll learn about in this episode: Chris’ background Chris’ niche: sandwich leases (these work everywhere but Texas but we are going to research more on this) What happened to Chris and his business when the market crashed and how he changed his business because of it Why you’d absolutely be foolish to go into sandwich leases without a mentor How much money it takes to get into sandwich leases Chris’ upcoming book “Real Estate On Your Terms” Where Chris would spend money when starting a business Why inaction is one of the biggest mistakes you can make Where Chris turns for coaches and mentors Books that Chris is reading now — and why it’s so important to rotate topics What’s next for Chris and his business Why you should hire VAs Why you need to find someone whose material you like — and the steps to take once you’ve found them Resources: REInvestorSummit.com/lease REInvestorSummit.com/freebook REInvestorSummit.com/Capital REInvestorSummit.com/NoteServicing REInvestorSummit.com/VA

Sean Flanagan is first and foremost a Christian family man and second, a serial entrepreneur. When not working, he enjoys spending time with his wife Tracey and their 3 children, Logan, Bailey and Kiersten. His hobbies are surfing, jiu-jitsu and coaching his kids at their wrestling matches. Sean has been a real estate investor for 17 years and still actively buys, sells and owns properties in the Central Florida market.

As a real estate investor in one of the most competitive markets in the country, he created and founded the Lucky Buys Yucky Houses® brand, out of necessity, and went on to use it to dominate his local market for years to come. During his real estate career, which spans close to two decades as of the time of this writing, he has developed a knack for creating effective systems which are being successfully used to target motivated sellers in areas where his competitors never even think to look.

What you’ll learn about in this episode: Sean’s background and how he got into the abandoned house niche Tips for people getting into the abandoned house niche How to find the owners of abandoned houses How to buy abandoned houses and properties How long it took Sean to become financially free Why Sean believes mentorship is very valuable Why — even if you’re very successful — you should live modestly and save up for the future Why Sean believes in just diving in — don’t get sucked into paralysis by analysis Resources: REInvestorSummit.com/secrets REInvestorSummit.com/goldmine REInvestorSummit.com/200+ REInvestorSummit.com/Capital REInvestorSummit.com/NoteServicing