Mistake FREE Real Estate With Marck de Lautour

Welcome to the mistake free real estate Podcast, where we deep dive in the world of passive TURNKEY rental homes. You'll hear from the leading industry experts in banking, title and real estate sales, as well as in depth discussions with the industries biggest deal providers, house flippers, and passive investors. Each episode will cover all the mistake made in real estate investing so that you don't have to experience them the hard way. Remember.....the biggest mistake you may ever make is NEVER buying rental real estate at all!

How to Thrive with High Interest Rates featuring Jimmy Vreeland 10/19/2023

Navigate Real Estate Like A Pro 09/21/2023

How to Use a 30-year Fixed Mortgage with Richard Advani 08/25/2023

Transforming Your Mindset with Brad Chandler 08/25/2023

The New Build Advantage with Shawn Woods 08/11/2023

Takeaways From the Nation's Top Real Estate Investors with Jimmy Vreeland 08/02/2023

Rapid Growth in the Face of Uncertainty with Matthew Pollard 06/22/2023

How Technology is Impacting Real Estate with David Lecko 06/01/2023

How Agents Can Take Advantage of the Real Estate Market with Tom Cafarella 04/26/2023

What Makes the Current Real Estate Market Different from the 2008 Recession with Jimmy Vreeland 04/06/2023

What Makes the Current Real Estate Market Different from the 2008 Recession with Jimmy Vreeland Every quarter, my good friend Jimmy Vreeland and I sit down and talk about our experience in Collective Genius, a mastermind we are both a part of. In this episode, Jimmy and I are going to discuss what we learned from the presentations in the event, our biggest takeaways, and how we’re preparing our businesses for what’s coming. Listen now to learn what happened during the last Collective Genius event and the golden nuggets we’ve picked up while we were there! Key Talking Points of the Episode 00:00 Introduction 01:43 How does Collective Genius help us give back? 03:26 What are our biggest takeaways from the event? 06:53 What makes this recession different from 2008? 08:46 Where do we stand on inflation rates today? 12:44 How is inflation crushing the middle class? 14:38 How can real estate investing set you up for the future? 17:34 What is the greatest threat to every investor’s portfolio? 21:31 What does real estate value appreciation look like today? 23:32 Why should people take advantage of Fannie Mae loans? 26:42 What is happening in the new construction market today? 31:16 What are we experiencing in the turnkey market today? Quotables “The government hasn’t curbed their spending, they’re not doing to make energy more accessible, so that’s gonna stay expensive.” “Kiyosaki went on Oprah in 1990, everybody knows about this! They just don’t get involved, they don’t get started.” “Strategic and systematically buy assets so that when there is the next disaster and the fed does blast lower rates, then you refi everything out.” “Like I’d always say, real estate doubles in value every 20-30 years, I think I’m gonna stop saying 30 because consistently, we are seeing real estate double in value every 20 years.” “If you’re gonna buy and hold these assets forever, for long-term, then the smartest thing you can do is lock in a 30-year fixed to get these things paid off.” “Most home builders have not been aggressively scaling and growing based on what they fear could be a downturn.” “Quite frankly, I think that inventory is still so shallow, especially in the big cities that are experiencing massive population growth.” Links Book: Principles for Dealing with the Changing World Order /episode/index/show/sbdhousing/id/26444556

Local Banking and How it Relates to Real Estate with Tyler Knott | Part 2 03/31/2023

Local Banking and How it Relates to Real Estate with Tyler Knott | Part 2 In a previous episode, Tyler Knott enlightened us on what’s happening in our local banking and how it relates to real estate. Today, Tyler is back to share his banking career journey. Tyler’s family has owned the bank for 120 years, and they envision having it for over 110 years to come. Tyler began his career in banking as a teller, and he worked his way up. If you are wondering how Tyler got to be the chairman and CEO of Bank 21, this episode is for you. Tyler shares his journey and some of the mistakes he has made along the way. Also, if you are worried about what the future holds for us economically, you must listen to Tyler’s prediction. Listen and learn. Key Talking Points of the Episode: 01:22 How Tyler grew up in banking 03:14 Positions that Tyler has had at Bank 21 05:16 Banking as a business 06:29 The symbiotic relationship between deposits and loan customers 09:09 What makes a good loan? 11:08 Why is real estate such a great piece of collateral 11:41 Debt coverage ratio 15:09 The different lending buckets that Bank 21 has 16:34 How Bank 21 pivoted through 2008 20:17 How Tyler’s law degree helps him as the CEO and chairman of Bank 21 22:17 Tyler’s goal for Bank 21 for the next five years 25:21 Impacts of the high-interest rates on the economy 26:39 Is there a drop in lending requests due to the high interest rates? 28:58 Do we have a recession coming? 30:33 Why Tyler loves single-family asset class 33:21 Qualities of SDP borrowers 36:34 Mistakes Tyler has done in real estate 38:42 Three people Tyler would golf with Quotes: “The best way that I can move this bank forward is to be in it and building the right systems to deliver excellence.” “You only have so much time in a day and so if you’re having to hands on train every single person on every single aspect then you’re going to stay very small.” “If there aren’t houses to buy, there’s got to be houses to rent.” “You can have a great lender and someone that you trust, and you’re assuming that inspections are getting done, but never assume, you know, build those systems in place.” Connect with Knott Tyler: LinkedIn: /episode/index/show/sbdhousing/id/26409012

The Truth Behind The Current Banking Crisis and How It Can Affect YOU with Tyler Knott 03/22/2023

How Failure Can Lead to the Most Powerful Successes in Business with Lee Arnold 03/03/2023

How Failure Can Lead to the Most Powerful Successes in Business with Lee Arnold Lee Arnold is a man who has built some incredible business empires in the real estate investing space, but more than that, Lee has built incredible ministries as well. In many ways, Lee has failed but has a powerful message and story of how some of the most successful businesses are born from failures. Listen in to the immense wisdom and experience from Lee Arnold! Key Talking Points of the Episode 00:00 Introduction 02:15 What was the biggest lesson Lee learned as a new investor? 04:09 How did Lee get into real estate investing? 08:00 How does Lee help change people’s minds about real estate investing? 10:11 How does Lee’s program help new investors become successful in real estate? 12:45 Why do some people fail to find success in real estate investing? 16:30 How is the current economy affecting Lee and his businesses? 21:05 What does the market in Idaho look like today? 24:27 What challenges are there in building affordable housing today? 26:29 Why is Lee passionate about business leaders and their faith? 29:19 What is one big mistake Lee made in business in the past? 32:15 Why are debt and leverage not equivalent to income? 35:33 Who would Lee want to spend an afternoon playing golf with? Quotables “When somebody told me that funding is attracted to opportunity, not people, that really jumped out at me because I was the least attractive person from a financial standpoint.” “For most people, real estate is the most accessible thing because if there’s two things everybody needs, it’s food to eat and a place to live.” “I love passive income, I love cash flow and turnkey real estate, but I think for some, they buy it too early and they don’t have the cash to weather the storm of vacancies or a heater going out, or a tenant trashing the place.” “I don’t know how people who do not have faith in God run a business because it is stressful.” “Stay humble, stay in affordable housing, stay in the 5-point criteria that I gave you. There’s nothing wrong with wanting to buy skyscrapers and build giant properties but if you can’t do it with cash, don’t do it.” “Stick to the fundamentals, stick to the basics, and if you will do that, you will have a very successful business.” /episode/index/show/sbdhousing/id/26110161

Why It's Important to Have the Right Systems in Place for Your Rental Properties with Kim Tucker 02/04/2023

Why It's Important to Have the Right Systems in Place for Your Rental Properties with Kim Tucker Kim Tucker is the co-founder of the Kansas City REIA and the Mid-America Association of Real Estate Investors. She is one of the most influential people in the real estate space in Kansas and she is with us today to talk about her journey, the mistakes she made, and the lessons she learned along the way. Listen now to learn more about Kim, how real estate investing has been for her, and what advice she has for investors today! Key Talking Points of the Episode 00:00 Introduction01:45 Why did Kim decide to co-found their own REIA?03:10 What attracted Kim to real estate?04:28 What kind of strategies did Kim use when they started investing?06:45 What was Kim’s time as a landlord like?09:19 What mistake led Kim to becoming an accidental landlord?10:30 Why is it important to have the right systems in place for your rentals?11:52 Why do you need to track service tickets in your rental properties?13:38 What issues are we facing in the real estate space today?15:18 What can we do to help protect the community from these issues?16:19 Why is it important to be aware of what’s happening in your local market?19:55 What was it like in Kansas City during COVID?22:10 What part of Kim’s events does she love the most?23:52 What is the best way to make the most out of a REIA meeting?26:46 What is the best way to find funding for your deals?27:55 What are the benefits of doing virtual REIA meetings?29:18 What is the market like for buying and selling today?33:02 What is one of Kim’s biggest mistakes in her real estate investing career?35:25 How can people start investing passively today?36:22 Why should people start investing in real estate earlier in life?38:01 Who would Kim want to take a long walk with? Quotables “We were doing the deal to do a deal and I don’t recommend doing that.” “I highly recommend if you’re gonna manage yourself, to invest in systems. Learn systems, have somebody help you get them set up so you don’t have anything falling through the cracks.” “Try to focus on creating more affordable housing, but be aware that rent control could come down at any time, so make sure you’re not under market on your rents.” “Just like we say only 5% of the landlords are bad and they’re making all these rules and regulations for everybody for 5% of the landlords, only 5% of the tenants are causing issues.” “Even if you know, you might be an expert on whatever it is the speaker is teaching, you’ll still get something out of it.” “I found that bragging about your deals is the best way to find money. Just let people know what you do.” /episode/index/show/sbdhousing/id/25829310

Why We're Mastering The Build to Rent Investment Strategy with Greg Iverson 01/27/2023

Why We're Mastering The Build to Rent Investment Strategy with Greg Iverson Greg Iverson is a mortgage broker and he will be working with our investors soon and he wanted to introduce me to his investor-base, so we did an episode together. Tables are turning today as I am the one being interviewed about why real estate and turnkey investments. Listen now to learn why we got into real estate and why turnkey investments are the key in this kind of economy! Key Talking Points of the Episode 00:00 Introduction01:38 What is my background?03:25 What made me decide to get into real estate investing?04:40 How did we take advantage of the crash in 2009?06:24 Why is delayed gratification important in real estate investing?08:35 What are the benefits of doing build-to-rent projects today?12:54 Why do we do in-house property management?14:24 How do we minimize the need for maintenance?17:08 What should investors be on the look out for in today’s market?21:29 What is my advice to investors who want to wait?23:12 How can you pass your assets to your children without taxes?25:50 How can you connect with our team? Quotables “I’m convinced that the ones that can stay the course and work that plan that they set up regardless of the market, those are the ones that long-term, that win.” “Real estate is the turtle and not the hare. What we’re preaching here, it’s not a get-rich-quick scheme.” “They say delayed gratification is the sign of maturity and I think never moreso than with just rental real estate, you’ve gotta have the diligence and patience to be buying now to enjoy the fruits of your labor 15 years later.” “There are only so many homes out there you can rehab, so you have to get a little bit creative and find other opportunities.” “I am a firm believer that to be a true turnkey provider, you have to be doing property management yourself, otherwise you’re just a house flipper.” “We don’t upcharge for maintenance at all. We want our investors to have the strongest cash flowing asset possible, meaning we’re doing everything we can to decrease maintenance. “The good product out there that’s beautifully remodeled, in good condition, and is move in ready, is getting multiple offers and is still of high interest, and we’re getting our asking price.” “There’s no better way to hedge inflation than owning assets that will go up in value.” “One of the beauties of real estate investing is you get to pass all of your assets to your children tax-free through step up basis.” Links Instagram: Marck de Lautour Email: SBD Housing Website: SBD Housing /episode/index/show/sbdhousing/id/25740111

How Businesses Can Leverage Virtual Assistants with Bob Lachance from REVA Global 12/19/2022

How Businesses Can Leverage Virtual Assistants with Bob Lachance from REVA Global Virtual assistants are becoming more common day by day. Unfortunately, most businesses are yet to learn how to go about sourcing a VA. One thing that we all know is the fact that the hiring process takes work and consumes a lot of time. You advertise a job opening, receive hundreds of applications, conduct numerous interviews, and then land on a VA who stays just a few days. That is frustrating, right? Today, I have the privilege of hosting Bob Lachance. He owns Reva LCC, which offers virtual assistants for the real estate and medical industries. Bob and his company ensure that we have skilled and trained virtual assistants. His company sources VAs from the Philippines. In this episode, Bob shares how a virtual assistant can work in your business and become a great asset. Also, he shares his athletic and entrepreneurship journey. Listen to learn more. Key Talking Points of the Episode: [01:14] What does Bob Lachance do for a living? [02:51] Bob’s athletic experience [04:41] The transfer portal in sports [07:03] Bob’s experience travelling the world for sports [07:37] Bob’s family experience [11:15] What inspired Bob to start his company, Reva Global [13:25] What led Bob to work with VAs from the Philippines? [14:43] How can people utilize virtual assistants? [17:38] How Bob and his Company Prepares Vas for the American market [23:25] What helped Bob’s s business survive the pandemic? [25:02] How much does a VA get paid? [28:23] How Bob is helping other industries make use of virtual assistants [30:17] Mistakes and lessons that you have learned in business and life [32:47] Four people that Bob would love to play golf with Quotes from the Episodes: “One of the greatest attributes for people that win in life is that they just don’t quit.” “The power you can have by freeing up your time to have others do either remedial or repetitive tasks is really powerful.” “Focus on your gold metal talent and just keep this.”- Jeff Hoffman Connect with Bob Lachance: Website: LinkedIn: Resources Mentioned in the Episode: /episode/index/show/sbdhousing/id/25358355

Investing In Real Estate with High Interest Rates, Where the Market is Headed, & Do Turnkey Investments Make Sense with Jimmy Vreeland 12/09/2022

How to Remain Profitable with the Prevailing Economic Situations 11/28/2022

The Signs of a Real Estate Recession & The Current State of the Economy featured on Big Mike’s Real Leverage podcast 11/08/2022

How the Cycles of Interest Rates Impacts the Economy with Aaron Chapman 09/09/2022

How The Current Real Estate Downturn is Impacting Wholesalers with Steve Trang 08/15/2022

Are We Headed for ANOTHER Real Estate Recession? with Jimmy Vreeland 08/05/2022

The Current State of the Nationwide Real Estate Market with Bruce Norris 06/10/2022

How Marck's Companies Have Flipped Over 1,600 Homes featured on The Wholesale to Millions Podcast 04/22/2022

How Marck's Companies Have Flipped Over 1,600 Homes featured on The Wholesale to Millions Podcast There comes a time when tables turn. A host becomes a guest, and a guest becomes a host. Today, I get to be a guest on King Khang’s podcast. Khang will be interviewing me, intending to understand my real estate journey. Khang and I are members of the Collective Genius Mastermind, and we are both immigrants to the country. My real estate journey started when I was pursuing my MBA. I flipped a house and thought it would be a great path to follow. So far, I’m glad I chose the right path. In this episode, we’ll talk about how I started in real estate, built a team, work-life balance, how I survived a recession, and Airbnb’s, among other interesting topics. Grab a notebook and pen. You might need to take some notes. Key Talking Points of the Episode: [02:23] Where is my origin? [02:57] How I started as an entrepreneur [06:13] How I flipped my first house [09:57] How to build a team [12:59] When do you know you are ready to start hiring people? [14:20] How many hours a day did I work when I started? [16:08] Work-life balance [21:01] Why do I think celebrity couples don’t work out? [23:53] How was the 2008 recession? [27:45] How you can protect yourself as a fix and flip in case there is another recession [29:43] How much reserve should you have when fixing and flipping property? [32:00] My take on the current real estate market [35:28] Single-family versus multifamily [37:19] My thoughts on Airbnb [42:34] Where I’m I doing my business at? [43:49] The upcoming The Multimillionaire Club Quotes from the Episode: “If your pocket is not deep enough doesn’t mean other people don’t have a deep pocket.” “For every rental property that you own, you should have $3,000 in reserves, in my opinion.” “The first thing that happens in a real estate downturn is that the ability to borrow money dries up quickly for those that are not well supported.” “Anyone who aspires to be best in class, they throw work-life balance out the door.” “For every two or three wholesale deals you do, you’ve got to start holding on to one.” “Don’t compare your success or progress level with someone else’s. Because we all learn differently.” /episode/index/show/sbdhousing/id/22843769

What It Means to Be a BORING INVESTOR with Paul Moore 04/08/2022

COLLECTIVE GENIUS TAKEAWAYS - Q1 EVENT RECAP with Jimmy Vreeland 03/28/2022

Meet SBD's Director of Property Management with Sara Chapman 02/17/2022

Meet SBD's Director of Property Management with Sara Chapman Today is Sarah Chapman’s first day at SPD. Sarah believes that today is the best day to record the podcast. She is excited to be here, and she believes it doesn’t get more exciting than day one. Before joining real estate, Sarah worked in hospitality management, event management, customer service, and sales. Twenty-two years ago, she decided to take the bold step of joining real estate, and since then, she has worked with several big companies in real estate. In this episode, Sarah will share her career journey, tools that big real estate companies use to scale, the importance of excellent communication, her plan for the next 90 days, among other exciting topics. Listen in to this episode. Key Talking Points of the Episode: [02:13] Getting to know Sarah [03:09] Who has Sarah been working for in the last seven years? [04:31] Acquisition channels that big companies are using to scale their inventory [05:57] What Sarah’s role as the regional vice president of property management entailed [08:23] Sarah’s beliefs on the simplified management company [10:01] Sarah’s thoughts on what makes a good property management firm [11:50] Did Sarah's previous companies have a geographical preference? [14:53] How to reduce vacancy and maintenance [17:19] Importance of great communication [19:49] Setting expectations [21:07] What attracted Sarah to SPD? [22:24] Sarah’s focus for the next 90 days Magical Quotes from the Episode: “Planning starts at the point of acquisition.” “Self-touring boxes are amazing. It allows one leasing agent to show unlimited homes at the same time, credible scalability, but they don’t sell themselves, they attract someone themselves.” “There’s reasons why homes don’t lease. If your product is right, then it’s something else.” “Integrity, transparency and communication can take an organization a really long way.” “You can’t fix something until you know what’s actually broken.” /episode/index/show/sbdhousing/id/22158095

How Creativity Can Transform a House with Eric Drake 02/04/2022

How to Build Lasting Relationships with Other Investors with Corey Peterson 01/28/2022

Is the True Path to Freedom Through Cash-flowing Real Estate? with Andy Baber 01/21/2022

Mistake FREE Real Estate With Marck de Lautour

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