Richard Is the Captain Now: Communication Lessons from a 4-Plex Renovation
W2 Capitalist | For BRRRR-ing, Married, Busy Parents
Release Date: 07/24/2024
W2 Capitalist | For BRRRR-ing, Married, Busy Parents
Struggling with ineffective mailers and low response rates? Join me as I reveal the method that turned my off-market frustrations into a series of successful deals. In this episode, I break down why broad mailers fail and introduce our BRRRRs for Busy Parents program, designed to target the right sellers with precision. Learn how to optimize your efforts, reduce wasted resources, and boost your response rate. If you’re a busy parent with 1-3 rental properties, this episode will give you the tools to revolutionize your off-market strategies. Links Mentioned in this Episode: Connect...
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Think you’re up against megacorporations in the single-family rental market? It’s time for a reality check. This episode uncovers why your true competition is actually the millions of mom-and-pop investors out there. We’ll explore recent data showing that 80% of single-family rentals are owned by smaller landlords. Learn how these numbers impact your strategy and what you can do to stand out. Whether you’re managing 1-3 rentals or just starting out, this episode will help you shift your focus and improve your approach to finding and funding your next BRRRR deal. Links Mentioned in this...
info_outlineW2 Capitalist | For BRRRR-ing, Married, Busy Parents
Are megacorporations like BlackRock really your biggest competition in real estate? Join us as we dissect the real impact of these large players on the single-family rental market and why small investors still have a powerful edge. We’ll explore how these corporations influence the market indirectly and how understanding this can help you find and secure your next BRRRR opportunity. Perfect for busy parents managing 1-3 properties who want to stay ahead of the game and leverage their unique position in the market. Links Mentioned in this Episode: Connect with Jay:
info_outlineW2 Capitalist | For BRRRR-ing, Married, Busy Parents
Ever felt like closing on another rental was just a distant dream? In this episode, I dive into my early struggles and eventual triumphs in building a rental portfolio while working a demanding W2 job and raising a family. Learn how the BRRRR strategy was key to scaling my portfolio and how those seemingly small victories paved the way for a life of freedom. If you're balancing work, family, and investment goals, tune in for insights and inspiration on how persistence and strategy can lead to achieving your dreams. Links Mentioned in this Episode: Connect with Jay:
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Ever had a tenant ask if they could set up a 20-foot inflatable pool on your property? It happened to me, and it got me thinking—what's actually in my lease? In this episode, I dive into why it’s crucial to regularly review and update your lease agreements, especially when it comes to play structures, trampolines, pools, and other large outdoor equipment. This isn't just about keeping your properties in good shape—it's about protecting yourself legally. Whether you're a seasoned landlord or just starting out, this episode is packed with practical advice and a bit of humor along the way....
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What if I told you that in just 90 days, you could have sellers calling you without sending mailers, cold calling, or hiring a virtual assistant? Sounds unbelievable, right? But here we are, ready to soft launch a system that has helped us steadily grow our real estate portfolio over the last decade. We break down the three pillars of our program: a proven marketing plan that brings leads to you, verified financing strategies for those without a hefty down payment, and expert coaching on negotiating directly with sellers. If you or someone you know might be a good fit for this game-changing...
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In this episode, we're diving into the recent NAR class action settlement that has shaken the real estate industry. With a $418 million award, most consumers will see a mere $13 in compensation, while the legal giants walk away with the lion's share. We'll explore what this settlement means for both consumers and realtors, especially those working with investors. From new requirements for written agreements before home tours to the implications on buyer-agent compensation, there's a lot to unpack. Realtors and investors, I want to hear your thoughts on how this is affecting your business....
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In this episode, we're breaking down how the BRRRR strategy has not only helped us build a small but impactful real estate portfolio but has also given us the freedom to create a life rich with experiences and time spent with our kids. We share the journey of starting from a single rental property to crafting a nomadic lifestyle centered around family, freedom, and making unforgettable memories. If you're looking to simplify your real estate journey and focus on what truly matters, this episode is for you. Let's connect and explore how you can build a life worth living, one BRRRR at a time....
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In this episode, we're diving into the buzz around potential interest rate cuts and what they really mean for real estate investors. With the Fed potentially slashing rates by half a percentage point, the question is: will this small change in your monthly payments be enough to motivate you to buy more rental properties? We break down the numbers, discuss the real impact on your cash flow, and ask the big question—what will it take for you to jump back into the market? Links Mentioned in this Episode: Connect with Jay:
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In this episode, we delve into a particularly eye-opening experience with negotiating insurance for a refinance. After facing a hefty premium increase and a frustrating payment policy from our insurance carrier, I decided to take matters into my own hands. I share how a bit of creative negotiation led to an unexpected exception and ultimately saved the day. Whether you're dealing with insurance, fast food, or any other service, this episode underscores the importance of negotiating every opportunity. Learn how building your negotiation skills can lead to better deals and increased confidence...
info_outlineIn this episode, we dive into a crucial lesson in communication inspired by the iconic line from Captain Phillips. Discover how a simple communication breakdown nearly derailed a major renovation project on my four-plex, and learn from my mistake so you don't encounter the same issue. Tune in for practical advice on how clear communication can make or break your real estate projects, and ensure your renovations run smoothly, even when you're miles away.
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