Passive Real Estate Investing

Like any business venture, the ability to be able to track the performance and success or failure of your rental properties with a good system is vital. For some of us, that means tracking everything in a spreadsheet or maybe even QuickBooks or TurboTax. Whatever the case may be, keeping good records of your financials will help you secure future funds as well as keep excellent records for tax purposes. After years of frustration around the lack of technology available to the individual investor, Heath Silverman was inspired to streamline the entire real estate ownership life cycle. Heath is a part-time real estate investor and the CEO of Stessa, a software platform that gives millions of real estate investors a powerful new way of managing and tracking their income and expenses as well as communicating the performance of their real estate assets. He talks about that in this episode.Episode show notes:  http://www.passiverealestateinvesting.com/tracking-your-income-and-expenses-on-autopilot-with-heath-si

Marco answers a listener question about asset protection.Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing:  http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary   IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast.  This will greatly help share our podcast with others wanting to learn.  Thank you!...Learn more about your ad choices. Visit megaphone.fm/adchoices

There's a reason why the majority of people in this world are poor. It is because they are not taught to be rich. They don't know the principles that the rich already know and implement in their lives. If you knew the principles of the rich, you could change your life and be rich as well. Copy what already works; it's that simple. The principles of the rich apply to everybody. They apply now, tomorrow, and far into the future. They're timeless and no matter when you learn these principles, they will help you to become wealthy. Dustin Heiner is a real estate investor who went from working the grind to living the dream. Join me and Dustin as we talk about the eight principles to be rich, wealthy, and live the dream life.  Episode show notes:  http://www.PassiveRealEstateInvesting.com/eight-principles-to-be-rich-wealthy-and-live-the-dream-life-with-dustin-heiner/  Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing:  http://www.NoradaRealEstate.com/FreeGuide/?utm_so

Probably everybody is familiar with Robert Kiyosaki or his top-selling book, Rich Dad Poor Dad.  Robert is a businessman, an author, and founder of the Rich Dad Company, a company that provides personal finance and business education to people through books and videos.  He has challenged and changed the way tens of millions of people around the world think about money.  He is an entrepreneur, an educator, and investor who believes that each of us has the power to make changes in our lives, take control of our financial future and live the rich life we deserve.  Robert joins us to talk about his inspirations, investing, growing a company, what he thinks about our education system, and more.  Episode show notes:  http://www.PassiveRealEstateInvesting.com/straight-talk-with-robert-kiyosaki-rich-dad-poor-dad/ Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing:  http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary  IF YO

Self-directed retirement accounts or self-directed IRAs is something that a lot of people are not too familiar about. A self-directed retirement account is no different than any other retirement account or IRA. Legally speaking, according to IRS regulations, you can self-direct virtually any retirement account, and what you can put into a retirement account is almost limitless. Amanda Holbrook, Vice President of Specialized IRA Services, talks a little bit about the benefits of self-directed retirement account and how to utilize them. If you want to know how you can take advantage of expanding or growing your portfolio using a self-directed retirement account and a little bit about diversification, this episode is for you.Learn more about your ad choices. Visit megaphone.fm/adchoices

Real estate investors tend to overlook St. Louis, Missouri. Often known only for its gateway arch and as a Rust Belt City and part of the Flyover Country, this market does not really generate much attention. However, what most do not know is that St. Louis real estate holds significant potential. As the second largest city in the state of Missouri, St. Louis’ housing market holds almost three million people, thus making it also the twentieth largest metro area in the United States. With that, we bring the market spotlight as we take a look at even more reasons why investors should take advantage of this fact and come back to St. Louis - from the renter’s market to price range and more.Learn more about your ad choices. Visit megaphone.fm/adchoices

Being a real estate professional undoubtedly has its own perks. One of which, especially for those investors who are also high-income earners, is the huge tax benefit. Having the status as a real estate professional equips you with one of the most powerful tax tools which could potentially help bring someone’s tax bill from 35% down to 15% or even lower. Some of you may not even aware of this. That is why we will take a dive into this subject as we talk about huge tax benefits and how you could qualify for it with founder of 401KCheckbook.com Bernard Reisz, CPA, CPCU.Learn more about your ad choices. Visit megaphone.fm/adchoices

How do you profit from the profound demographic shift that's coming ahead? If you want to predict the future with accuracy, only one crystal ball will do and that's people by the numbers. By looking at demographics, we can predict the future from commercial to social to political to cultural trends. Counting people reveals what the trend will be over the next several years. That's because it's based on what people are doing from fertility to the location, meaning where they live and to aging. For instance, women are on the rise in the workforce nowadays, shattering glass ceilings. Meanwhile, Gen Y or the Millennials, the largest generation in history, are going to be moving into their own home soon. These are two of the key changes that will be determining the fortunes and futures of many people and what is going to happen over the next several years. Do you want to get ahead in your field or in real estate? Pay attention to the trends we're about to discuss with my guest, internationally respected demographe

Aaron Chapman joins us for a year-end review. We're going to take a look at 2018 as well as 2019 and see where we're going. Aaron is a 21-year veteran in the mortgage lending space. He lends his smarts, experience, and insights about the mortgage market and the way the industry is working from a lender’s perspective. Learn what’s going on in the mortgage lending industry, how that's going to affect us, and what we should be doing in terms of investing.Learn more about your ad choices. Visit megaphone.fm/adchoices

Property insurance provides protection against most risks to property, such as fire, theft and some weather damage, these includes specialized forms of insurance such as building insurance, content insurance, fire insurance, flood insurance and earthquake insurance.Prevention they say is better than cure. The cost of property insurance often depends on what it would cost to replace the house and which additional items to be insured are attached to the policy. The insurance policy itself is a lengthy contract, and names what will and what will not be paid in the case of various events.Let's explore some of the basics and nuances of property insurance, as well as some uncommon or strange scenarios with my guest today.www.PassiveRealEstateInvesting.comwww.NoradaRealEstate.comLearn more about your ad choices. Visit megaphone.fm/adchoices

Cape Coral is a master plan city. It’s pre-plotted and pre-planned with a lot of thought and design put in ahead of time before they broke ground at all. It's a fantastic place for investors to consider for a new construction development and investment in general. Marco is joined by Rob, one of his strategic partners in Southwest Florida who has worked in the real estate industry for over ten years. Rob goes into the details of the Cape Coral market and the different types of properties and opportunities that are there.Learn more about your ad choices. Visit megaphone.fm/adchoices

We've seen a slow down in the housing market this year, in most of the metro areas around the country.  What’s causing this slower growth in the housing market?  There are dozens of factors in play, but the ones with the biggest impact over the next few months and into the new year include the five factors we'll discuss on this episode.Learn more about your ad choices. Visit megaphone.fm/adchoices

The mortgage landscape is always changing. It’s dynamic and it’s fluid; it’s not static. Where is the mortgage market headed and what has changed with investment mortgage loans? Shawn Huss has been in the mortgage business for years. He's been ranked as one of the top 200 loan officers in the country for the past years. Shawn helps people understand what's available today, where we're going, and how that's going to impact them as real estate investors.Learn more about your ad choices. Visit megaphone.fm/adchoices

Aaron Chapman, 21-year veteran in the financing industry focusing on real estate investing, talks about chewing the financing fat, giving the broader macro and economic perspective on the different rates—from interest to mortgage. Aaron shares how they are going to impact you as a real estate investor as well as how you can take advantage of the lending environment. He also provides his predictions about the mortgage rates over the next six to twelve months. Diving deeper, Aaron gives his thoughts into the claim that renting is cheaper than owning, while going further into the effects of inflation to the purchasing power.Learn more about your ad choices. Visit megaphone.fm/adchoices

Marco picked out some questions in his inbox that are applicable to almost everybody. He goes through some of them like equity acceleration, real estate book recommendations, FHS loans for principal residence, buying properties in cash, the cost of buying turnkey versus the true cost of purchasing, rehabbing, renting and refinancing investment properties, and whether you should pay off a mortgage or not. Hopefully they'll be helpful for you and you can relate to some of them.Learn more about your ad choices. Visit megaphone.fm/adchoices

One of the most common questions in the real estate space is where we are in the housing cycle? Ivy Zelman provides some interesting perspective on the housing market, the direction we're going, the demographics, interest rates. Ivy is the CEO and founder of Zelman & Associates, LLC, a company she founded back in 2007. Her firm leverages housing market expertise, extensive surveys of industry executives and rigorous financial analysis to deliver proprietary research and advice to global institutional investors. Her team is widely respected for its unbiased views, depth of data and knowledge, and a willingness to offer counter consensus opinions when necessary. Ivy talks about where we are in the housing market cycle and shares some important factors and metrics that we should be looking at as real estate investors.Learn more about your ad choices. Visit megaphone.fm/adchoices

How would you like to pay little to no taxes because you're an owner of real estate? Since 1997, the increasing number of property owners have cut their current income taxes by using something called cost segregation. Alan Goldstein, founder of Emunah Cost Segregation, explains that with cost segregation, an owner of real estate can accelerate their depreciation and thereby reduce their federal income taxes for years. Alan is an IRS-enrolled agent, a Florida real estate broker and mortgage broker, and an expert in depreciation. He says basing on a fundamental principle that a dollar now is worth more than a dollar tomorrow, this same logic can be applied to tax deductions because a tax deduction now is worth more than a tax deduction tomorrow. Learn more about how you can have an immediate increase in cashflow and the tax savings available to you through cost segregation. Learn more about your ad choices. Visit megaphone.fm/adchoices

Brendon Burchard, author of The Motivation Manifesto and High Performance Habits, is widely considered the world's leading high-performance coach, and is one of the most watched, quoted, and followed personal development trainers in history. As one of the most followed public figures on Facebook, his videos have been viewed more than 100 million times. This is part two of the interview where he shares the six high performance habits for investors for reaching long-term success.Learn more about your ad choices. Visit megaphone.fm/adchoices

Imagine at the end of your life you were standing before your Creator and he asks you, “Did you use the time I gifted you each day to be a purposeful being? Did you follow your own path and make your time count? How faithfully did you tend to the dream I sowed in your soul?” This excerpt from The Motivation Manifesto beg the question of whether you're engaged in the right habits to achieve your highest potential. When was the last time you stopped to ask yourself these or similar questions? Brendon Burchard has spent many years helping others achieve their highest potential. His lessons are researched-based and immensely practical and will make a big difference in your life. As one of the most requested motivational speakers in the world, Brendon has shared the stage with the Dalai Lama, Sir Richard Branson, Tony Robbins, and many of the leading influencers of this era. Learn about the most effective habits for reaching long-term success as Brendon outlines the six high performance habits that move the needle

A Holistic Approach to Wealth Creation with M.C. Laubscher.Learn more about your ad choices. Visit megaphone.fm/adchoices