Shows
Success TrajectoryHow to Figure Out Your Property Reserves on Your Rentals?Grab a pen and some paper, we are going to breaking down what you need to know to figure out your rental reserves. Class with Teo is in session and if you think that you don't need to figure out your reserves, listen to this twice. ✍🏼
2021-06-2207 minSuccess TrajectoryRunning Numbers on an Airbnb/Vacation RentalRunning numbers on a vacation rental is VERY different than running numbers on a normal rental. For running numbers on the vacation rental, you have to account for the management fees (which are higher), furnishing and decor to make the property desirable, and you have to get professional pictures. Make sure that the numbers work as a standard rental if you are buying a property to be a vacation rental, if the vacay market fails then at least you can rent it out as a standard rental with cash flow.
2021-04-2807 minSuccess TrajectoryHow To Pick A Market To Invest In?What to look at when investing outside of your market? Obviously, look at the jobs available, income range, schools, housing but the best thing talk to someone who is investing or living in that area and get the inside scoop.
2021-04-2607 minSuccess Trajectory20 Year Anniversary of Coming to AmericaMy parents did something so massive and brave by moving us to America all with 3 pieces of luggage, $3,000 to their name and hope of a great future. All for the endless opportunity we have in the US, it's amazing what we can do with hard work.
2021-04-2509 minSuccess TrajectoryHave A SF and Trying to Decide on Selling or Renting?YEAH, rent it unless the taxes and numbers don't actually make sense, then that is a different conversation. Don't forget, renting offers cash flow!
2021-04-2408 minSuccess TrajectoryPitch Anything by Oren KlaffA great book on how to control a pitch or situation, by targeting the fight or flight part of your brain and staying in control of the pitch. This helps your day to day interactions, it's a great book - I give it 👍🏻👍🏻. Check it out.
2021-04-2305 minSuccess TrajectoryWhat I've Learned After 180 Something Videos?Why you should also make videos? Creating videos versus scrolling on social, creating videos was way better than scrolling on social. You would be amazed what you learn from creating 180 videos and posting them, it's awesome to have people who you didn't know is interested in this kind of stuff comment or drop dm's about investing, it's cool. Another great thing is how much I have learned and grown in the process, it will be great to look back someday at this moment in time.
2021-04-2203 minSuccess TrajectoryGame Plan For The 6 UnitHere is the plan: increase rent (for a good reason), decrease building expenses, and some updates - it will be a great property once we can get our hands on it.
2021-04-2104 minSuccess TrajectoryDon't Overpay For A Flip, Always Make Your MoneyDon't loose money right away in your flip by paying too much for the property, stick to your numbers and don't sacrifice your money to score "a deal."
2021-04-2005 minSuccess TrajectoryHow We Inform Tenants of a Ownership ChangeIt's as simple as putting EVERYTHING in a letter to the tenant notifying them of the ownership change, get them to sign a lease with your name on it, where they will pay rent and where they submit maintenance requests. Having it all in writing and in one place makes it that much easier for the tenant and for you to say "hey, I know you got this information."
2021-04-1904 minSuccess TrajectoryWhy Are Sellers Disclosures So Important?And why buyers should pay attention to them?...Let's talk disclosures, a disclosure statement is a legal document designed to let you know as the buyer what issues have happened with property in the past and if it has been resolved. As a seller, you have to be honest and truthful about the issues with the property.
2021-04-1806 minSuccess TrajectoryHold A Paid Off Property or Leverage It?THE POWER OF LEVERAGE Another beautiful thing about real estate is you can hold a property and let it keep on making you money every month. Or you can cash out refinance and purchase another property, you have multiple properties making you money with the same amount of money that you put in. Why not go for it?
2021-04-1705 minSuccess TrajectoryStop Letting An LLC Hold You BackLLC - 1 per property or 1 LLC per multiple properties? When deciding what to do, go talk to an LLC attorney they know how to properly set-up your business to maximize the benefit of an LLC. But make sure to think long term, how many units do I want to have and how many bank accounts do I actually want to deal with?
2021-04-1606 minSuccess TrajectoryWhy Don't They Teach Real Estate Investing in School?If they did, who would sit in a cubicle and do the desk work? No one, but honestly anyone can invest in real estate and make a significant amount of money doing it. Just think if we were taught in school to save money instead of buying cool shit and invest it instead... how much better would things be?
2021-04-1508 minSuccess TrajectoryAnother Option for Collecting RentWhat if your tenant doesn't have internet or checks? What now? Well... it is possible to have the tenant directly pay into your bank account through your bank. It's possible, it can get messy but it's another way to make sure that you get the rent.
2021-04-1404 minSuccess TrajectoryLittle Closing Trick For An Investment PropertyIt's important to close around the 6th -12th because you will have the pro-rated month of rent cleared and in your account by the time the property has closed. AKA you already have made money by the time you have closed, win win win. Also it gives you basically 3 weeks to get the current tenants switched over to paying rent with your system, not the way it was done before.
2021-04-1304 minSuccess TrajectoryEasy Ways To Keep Tenants HappyIt can be as simple as taking care of the maintenance requests right away and calling to follow up on how the maintenance call went. Make sure your tenants are happy and that means you will have tenants for a longer amount of time, equaling more $$$ for you.
2021-04-1205 minSuccess TrajectoryHouse Tour: "It's Not That Bad..."Things I look for in houses that have had fires in them - the brick (or siding) if they have shifted, the windows, the roof, check out the ceilings. This one is "not that bad" but will need to be gutted for sure, we'll see if we make it happen, stay tuned! 😉
2021-04-1105 minSuccess TrajectoryFlip Trick: Don't Buy All Of Your Supplies At OnceOnly buy the materials as you need them...DONE. Save yourself the hassle of storing and tripping over the supplies, just wait to buy them.
2021-04-1004 minSuccess TrajectoryWeekly Routine To Become More ProductiveMy Sunday nights are for planning my week, 30 minutes to an hour every Sunday night I write it all out and go through everything that needs to be done this week. It's helped me stay focused and making my 5 power list for each day, keeps me focused.
2021-04-1004 minSuccess TrajectoryHouse HackingComing to you from the '96 Ford Bronco to talk to you about House Hacking and why it a great option for getting started in real estate investing. This is a great choice if you need a place to live and you want an investment property, there are many ways to do this and it can be a great strategy for getting started. Drop a comment below if you have or are currently house hacking 👇🏼
2021-04-0907 minSuccess TrajectoryJustify Buying Properties In Times of UncertaintyFor purchasing a single family house, stick to your buying criteria and the types of properties that you are comfortable with. Always leave plenty of room as a buffer in the budget and have a few exit strategies planned out. For rentals as long as you have a good cash flow, it should always make sense no matter what and there are always people looking to rent. There are always people looking to rent, and more land doesn't just get made, so go get those properties while you can.
2021-04-0805 minSuccess TrajectoryHow To Add Value As A NewbieIt's as simple as offering to be a runner for a flipper, so they can keep working while you are running errands. You can find a deal, and bring it to the investor, you could also follow up on leads for the person you want to learn from. Offer up free labor as a helper, all of these things add value to person you are learning from AND helps you gain important knowledge.
2021-04-0606 minSuccess TrajectoryThings Tenants Are Responsible For...That They NEVER DoOhhh the furnace filter that never gets changed or the gutters that never get cleaned or the flowers that don't get mulched. How do we deal with this? We send our maintenance guy over to the property every 6 months to take care of these things, to make sure that our properties are kept in good order.
2021-04-0505 minSuccess TrajectoryFirst Rental: Why You Should Go With A Multi Unit?Go BIGGER. That's my advice for getting started in investing, go for a multi unit over a single family house. The cost is not dramatically different to purchase a MF vs. a SF, you are getting more income for close to the same amount of expenses. More units, more income and more opportunities.
2021-04-0505 minSuccess TrajectoryLittle Things To Do In A FlipWhat would you want in your first house? These little touches make the final product so much better! Fix the lights, soft close on the cabinets, update the cabinet handles, add granite, ect. Do the little things that you would want if you were buying your first house.
2021-04-0506 minSuccess TrajectoryHow To Pick Between Multiple Offers?It comes down to what are my goals and which offer I am going to net the most on? A cash offer is going to get my investment back much faster and usually no inspection, that is a better deal for me- usually, it just depends on the situation.
2021-04-0207 minSuccess TrajectoryTo Flip or To Rent?Honestly, what are your goals? At the end of the day, it takes about the same amount of work to flip as it is to rent... so really what is your end game? You have to weigh the options to make sure the line up with your goals. Are you working on a rental or a flip, let me know how it is going post about it below 👇🏼
2021-04-0107 minSuccess TrajectoryWhy Are Home Prices Rising So Much?Let's look at the first time home buyer type of house, it's really simple supply and demand - there just isn't enough supply of the first time home buyer houses. To add on to that issue high comps keep on raising the listing prices on the houses when they are listed, and the banks use those comps to compare what the homes are worth, so they just keep on rising.
2021-03-3104 minSuccess TrajectoryHow Did I Make 120% On My First Rental?REAL ESTATE IS AMAZING. I am making a huge return my first property by remodeling and renting that out property, I ran rough numbers and its amazing what I am getting for the little I put into it. You can't always get these kinds of returns in the stock market or other investments.
2021-03-3006 minSuccess TrajectoryWhat Is A Cap Rate And How To Calculate It?A cap rate is your capitalization rate for your property, it is a percentage and you figure it out by using your NOI (Net Operating Cost) divided by your price which equals your cap rate. There are different cap rates you want to stick to when evaluating potential properties.
2021-03-2903 minSuccess TrajectoryThe Complete Guide to Buying and Selling Apartments by Steve BergesThis book is great for new people and people who are veterans in investing because it goes through alot of little details of how to invest and examples of running numbers.
2021-03-2804 minSuccess TrajectoryFlip Tour - Roseville PropertyTour of this Roseville property, this home is already snatched up but this is a great property to show for inspiration for your next flip.
2021-03-2704 minSuccess TrajectoryWhat is a Self Directed 401K?Self Directed 401K is awesome but there are some restrictions so like you can't purchase a collectable, you can't invest into anything with someone you are related to or in a company that you have interest in. I was able to roll my 401K from the corporate days into the self directed 401K to use for investing.
2021-03-2607 minSuccess TrajectoryWhy I Passively Invest In Other Real Estate Deals?I think it's important to pick what area you want to invest in, and go all in. I am investing passively because I trust these guys to do great work on the deal, and I get to sit back and do nothing, while my money works. It's a great way to invest and diversify since I can only work on so many projects at once.
2021-03-2505 minSuccess TrajectoryWhat Do You Do When You Are Taking Over Tenants?When inheriting tenants send the tenants a letter that say's "we are taking care of this, this is how you will be paying rent and submitting maintenance requests, ect." It is important to have them sign leases with the same rent and original lease date, but it needs to have your name or the property manager on it to keep everything clean. It's important to just lay everything out as to the process and explain how it will go, provide some reassurance off the bat.
2021-03-2404 minSuccess TrajectoryThe Biggest Issue with Mismanaged RentalsGetting a loan on them is the biggest problem... they are probably selling the property because it was mismanaged but the lenders don't like the debt to income ratio. How do you work through this? Bring in a higher down payment, which helps fix the ratio and take a look at the rents, chances are the tenants are being under charged.
2021-03-2304 minSuccess TrajectoryHow Do You Collect Rent On Your Rental?There are so many platforms that you can use to collect rent, it is so easy to use your tenant can sign in to the portal, everything is and pay rent. Everything is tracked in the portal which makes the tenants life easier and yours, especially for taxes the reports are all there. Go find the best platform for you, and stop wasting your time with running around like a chicken with your head cut off to collect rent. Remember in order to scale, you need systems in place.
2021-03-2205 minSuccess TrajectoryHow to Estimate Your Insurance Rate for Your Rental Property?You can look at the properties that you already own and if it is comparable to your current property, if you have a broker that is an insurance agent call them up and get a quote, use a ballpark figure to plug into your calculations. Taxes you can call the city, they will be able to give you an estimate of what the taxes will be if you purchase the property at "X" amount to then plug into your calculations.
2021-03-2102 minSuccess TrajectoryWhat Is A Turn Key Rental?It's an income producing asset that is being sold as an income producing asset (aka the rental is already live-able and rented), usually with a property management company attached - it's a great way for someone to invest without investing much time.
2021-03-2105 minSuccess TrajectoryAllow Changes To A Lease?Making Changes to the Lease? USUALLY NO... but there some exceptions to be made and different ways that it can work out in your favor if you take control of the situation right away.
2021-03-1904 minSuccess TrajectoryHow To Stand Out When Trying To Buy A House?When the market is hot, how do you stand out when you are buying a house? * FIRST AND FOREMOST DON'T HIRE A CLOWN FOR AN AGENT * Learn why the seller is selling their house and cater to that need * Make sure the financing is buttoned up before putting in the offer
2021-03-1808 minSuccess TrajectoryHome Inspectors Aren't Always Right...Ohh Home Inspectors... the home inspector for my home dug a hole and looked at worms to say that my septic was fine - which I learned is located on the other side of the house. Moral of the story: not all Home Inspectors are untrustworthy. If you don't trust the inspection, go back and hire your own inspector to check things out.
2021-03-1706 minSuccess TrajectoryDoes Staging A House Get It Sold Quicker?IS STAGING WORTH IT? Do you have a unique property? If you have a weird space, that when you are looking at you think "does furniture fit in this space?" - you probably need staging. It is helpful to have it staged to show what is possible in the space, at least in this hot market it isn't necessary to have a property staged every time but if the property is unique or has small bedrooms, just stage it.
2021-03-1605 minSuccess TrajectoryHow to Handle Maintenance RequestsIt's important to have a system in place for your tenants to submit maitencace request, it saves you and your tenants time. Clarify with your tenants what is considered an "emergency", what is an emergency to your tenant may not actually be an emergency. In some cases, you may be able to trouble shoot the issue on the phone with the tenant saving everyone time.
2021-03-1505 minSuccess TrajectoryFoundation Repair on a FlipWalking through the foundation repair on a flip, lots of crazy cracks that will be fixed and this property will be ready for its remodel.
2021-03-1504 minSuccess Trajectory1 Year Anniversary of Leaving CorporateThis video was made one year since I left the golden handcuffs. It's awesome living my life on my own conditions and working how I want to work, I don't feel like I am working because I like it so much. Another huge thing awesome thing is I choose who I work with and who works for me. Happy 1 year of not having a W-2! If you are scared of leaving your job that you don't like, just make the jump don't let anyone else's insecurities hold you back.
2021-03-1208 minSuccess TrajectoryHow We Found the past Two Small Apartment DealsSince I am a real estate agent, I have access to the MLS and that is how I found the small apartments. But the 7 unit we found through our marketing, if you are looking for something larger look at LoopNet or the other sites, just get on the brokers list and they will email you when they have something. With stuff that is on the market, you have to move fast.
2021-03-1203 minSuccess TrajectoryWe Got 7 More Units!I am SUPER EXCITED about this, we got a 7 unit - it is under contract with a cash offer. We should be able to double the value of the property, we are going to turn it and I will show how we are turning it so you know how you can do this too.
2021-03-1106 minSuccess TrajectoryThe Future is Fast Than You ThinkThis book is basically about how fast technology is advancing and how much faster it will keep on advancing, it's pretty cool. It will change how we shop and how we connect with each other.
2021-03-1103 minSuccess TrajectoryThe VetteSay hello to the Corvette. I am doing the oil change on my vette, so I thought I would give you a tour of the vette and all of the new things.
2021-03-1006 minSuccess Trajectory75 Hard By Andy FrisellaMENTAL TOUGHNESS. 75 Hard book is all about the mental toughness challenge and getting rid of the bitch voice in your head.
2021-03-1006 minSuccess TrajectoryActively Investing vs Passively InvestingBoth options are great, it just depends on what your goals are and your situation. There are somethings to be aware of, for instance passive investing gets taxed at a higher tax bracket than the active investor. Being passive or active, it just depends on the lifestyle you want.
2021-03-0908 minSuccess TrajectoryHold a Rental Property in Your Name or LLC?*First and foremost: ASK AN ATTORNEY OR CPA before creating an LLC* Having an LLC can be great, it can protect you from a lot of stuff however if you don't structure your LLC properly, it can be a nightmare. Protect your assets, the best way I have learned to protect my assets is to hold the rentals in an LLC.
2021-03-0906 minSuccess TrajectoryRefinancing A Rental That is Held in LLCIt is possible to refinance your property that is held in an LLC, it can be difficult to find a lender who will do it but I was able to do this with a commercial banker and it really worked out for me. If you are looking for a recommendation of who to work with, let me know.
2021-03-0806 minSuccess TrajectoryFlip in WarrenThis house had a fire which means it is going to be a fun flip. We have a lot of work to do, including replacing all of the windows and doing a full remodel, it's going to look great.
2021-03-0805 minSuccess TrajectoryHow to Figure Out What Amount To Rent For?There are a few sites to use the MLS to see what has been rented in the area, Zillow or Rental Meter to pull comps. Do your research on your comps to make sure that they are truly comparable to your space.
2021-03-0504 minSuccess TrajectoryHow To Get Around Landlord Paid Utilities - In A Larger PropertyWhat do you do if you buy a building and the landlord pays utilities? You got into investing to make money and you have options, for the bigger buildings you can have meters put in and the tenants will be charged for the utilities or do a charge back on the utilities used. Or just stay away from properties without landlord paid utilities. 😉
2021-03-0506 minSuccess TrajectoryDon't Trust the ZestimateLet's be honest, Zillow has not been to your house and evaluated your property to figure out a listing price. It doesn't know if your house has a weird layout or if it is very out dated and the other homes in the area were updated, Zestimates are created from the data of the sales in your neighborhood. It can be a great metric, but don't rely on the Zestimate for your listing or purchasing price.
2021-03-0406 minSuccess TrajectoryInspection of the 6 UnitPro Tip: Do your inspection when the tenants are home, and ask what things are wrong with the place. They will know the weird quirks of living there and we learned a lot in the inspection today after talking to the tenants of the building.
2021-03-0404 minSuccess TrajectoryRedevelopment Deal - The MotelKeep your eyes open for unique investment properties, we are looking at converting a motel to apartments. It's not pretty but there are so many opportunities with this property.
2021-03-0404 minSuccess TrajectoryNew Toy: '94 Bronco Just Arrived!Super excited to share my new baby, '94 Bronco - a little break from real estate videos to remind you when you work this hard you can play hard to.
2021-03-0305 minSuccess TrajectoryWhat Would You Do in This Situation?What do you do if your seller backs out at the end of the deal? There are many things you can do in this business when you are far into the contract, but if you get labeled "the asshole no one wants to work with" it's really hard to get good deals. If your seller backs out at the last minute, let it go and move on, right? What would you do if you were in this situation?
2021-03-0305 minSuccess TrajectorySuccessful Ways of Making Offers on PropertiesBe the first person on the ball when it comes to going and looking at a property, put in an offer right away if you are interested in the property - you can put in multiple types of offers on one property. Just say'n.
2021-03-0211 minSuccess TrajectoryBook RecommendationsGetting into Real Estate? Here are my book suggestions for anyone who is interested in getting into real estate: - Rich Dad Poor Dad (basically the gateway book) - The Weekend Millionaire - Trump's Strategies for Real Estate (it's good, regardless of political views) - The Millionaire Real Estate Investor - The One Thing - Any book by BiggerPocketsStay hungry for knowledge.
2021-03-0205 minSuccess TrajectorySystems ScaleBuild your systems so you can be freed up to keep your business growing. If you do something twice, you can build a system and tell someone how to do it once with the system in place and they can be successful. Build your system if you want to build something that is scaleable.
2021-03-0106 minSuccess TrajectoryTop Newbie Mistakes Getting Started in Real EstateToo many beginners worry about their logo and branding over just getting into a deal, just do it as long as it is actually a deal. Finally, if you ask someone who is experienced for their advice, take it. All of this to say, it's okay if you are a newbie and have made these mistakes, but do what you can to avoid these newbie pitfalls.
2021-02-2607 minSuccess TrajectoryHow Do You Vet a Property Manager?Finding a good property manager can be hard, but if you ask the right questions you can get a good property manager. If this is something you are looking for, you may want pen and paper to take notes on the questions I always ask.
2021-02-2606 minSuccess TrajectoryIs Buying A House, Complicated?It's really not that complicated of a process, I swear - today I am walking you through the process of buying a home. The professionals can make it sound far more complicated than it really is.
2021-02-2503 minSuccess TrajectoryIf I Were to Start Investing Today- What Would I Do Different?Just get the ball rolling and the only limit is the limit you put on yourself - if I could go back I would have done this differently and I would have chased more deals. Just tell everyone what you do and what you are looking for. Don'ts listen to the nay sayers, and find someone with experience that you trust, team up on a deal.
2021-02-2507 minSuccess TrajectoryDon’t Ever Pay Your Contractor Up FrontDon't get screwed over by your contractor - pay by work completed, you can purchase the materials for them if that is a hindrance for them getting started. Also make sure that they provide a timeline, you can have them sign a contract saying that they loose x-amount of dollars for everyday that the go past the completion date. Don't get taken for a ride by your contractor, I can't say it enough.
2021-02-2405 minSuccess TrajectoryCashvertising by Drew Eric WhitmanThis was a REALLY good book about advertising. It points out the life forces that go into advertising and also it taught me that I need to get to the point when it comes to talking about what I do or want.
2021-02-2406 minSuccess TrajectoryNegative vacancy?Is it possible to collect rent on old tenants moving out early and new tenants moving in early? It is possible to do, which is awesome but when running your numbers on a property before purchasing use 4-8% for vacancy (the vacancy % all depends on your area).
2021-02-2304 minSuccess TrajectoryHow To Passively Invest In Fix & Flips?Why not make your money work for you? Money in the bank will not get you the return that the money invested in a fix and flip deal will get you. But make sure that you are first on the mortgage, and let me know if you have any questions on how to passively invest in fix and flips.
2021-02-2307 minSuccess TrajectoryWhat is a 1031 Exchange?Have you ever heard of a 1031 exchange? It defers your taxes to another property when you are selling real estate, it is an excellent tool to avoid paying capital gains on your property. If you have capital gains on your property, this is something you should consider utilizing.
2021-02-2205 minSuccess TrajectoryHow To Pick An Area To Invest InHow do you know? To figure out the area, use the 1% rule: look at the purchase price and the rent for what that home would go for, make sure that the rent is either 1% or higher of the purchase price.
2021-02-2205 minSuccess TrajectoryDon't Let Your Ego Get In the Way of the DealWhat if you are working on buying a property, you offered low and the owner came down - but not to your price. And it still is a deal, should you do it? If it works, put your ego aside, don't loose the deal.
2021-02-2004 minSuccess TrajectoryBest Lessons from My Dad1. You can do anything you set your mind to 2. When you start something you got to finish it3. Be kind to peopleBest lessons from my dad, what are the lessons you have learned from a father figure?
2021-02-1903 minSuccess TrajectoryWhat is the BRRRR Method?Buy, Rehab, Rental, Refinance, Repeat this method is popular for buying real estate rentals to keep on building your real estate empire. Have you heard of the BRRR method or use it yourself?
2021-02-1904 minSuccess TrajectoryTour of Demo on a FlipToday is demo day in one of my flips, take the tour with me as we walk through this property and I point out a few changes that we will be making to give ideas just in case you have a property that needs help like this.
2021-02-1804 minSuccess TrajectoryA Way To Get a Rental if You Already Own a HomeWhy sell your old home when you can rent it out? First off, if you have lived in your home for a while you have equity built up and it's your house, you know it inside and out. Plus you probably took great care of the home and you already own it, if you are thinking about selling your home, buying a rental and a new house - consider this option. It worked out well for us.
2021-02-1704 minSuccess TrajectoryBudgeting Sucks. BUT Why You Should Do It?We weren't exactly taught how to budget or encouraged to save our money, but what good is working all day to spend all of it on useless things? I was spending all of my money until I sat down and figured out how much money I was thoughtlessly spending, you can save that money invest it and then enjoy spending your money again because it's not the money that you worked all day for. Let me know if you are interested in the budgeting worksheets, and I will try to find them for you.
2021-02-1708 minSuccess TrajectoryStructuring a Deal for Little to No Money DownYou can ask for them to dial the deal back (get terms and interest), it's a sweet deal for the seller and for you. Another option is to go for a purchase for land contract, a lot of owners will go for this option but it just depends on what the seller's motivation is. There are so many creative ways to structure a deal, the ways are infinite but make sure that it benefits you and the seller before offering the option.
2021-02-1605 minSuccess TrajectoryAre You Using Your Homes Equity?Some people aspire to just pay off their home, and that's all they want to do. But if you use some of the built up equity to invest in a rental with someone managing it, it's passive income and you can keep on snowballing the investment to pick up more properties making you more money.
2021-02-1608 minSuccess TrajectoryScheduling Your DayAfter studying successful people that I admire, the one thing they all have in common is keeping a routine. I have a daily routine filled with all of the things I need to do, necessary tasks and other items that keep all of the projects on schedule, these are important non-negotiable things but it has helped me so much to stay productive by scheduling out my day. It's important to find what works for you and go with it.
2021-02-1505 minSuccess TrajectoryRequiring Tenants to Have Renters InsuranceWhy you should require renters insurance? If there is an incident and the renter is liable, the renters insurance covers most of the liability. It's basically like a second around of protection for your renter and for you.
2021-02-1504 minSuccess TrajectoryIBCInfinite Banking Concept basically instead of paying interest to the bank you pay yourself and grow your wealth, it's an interesting concept. Go check out the book if you are interested in learning more.
2021-02-1207 minSuccess TrajectoryFlipping Houses: Hired Contractors or Your Own Crew?It is financially better to have your own crew for flipping houses, they are more reliable and quality control is much easier, they can also work on the rentals when there isn't a flip to work on. It just depends on what your needs are, we don't keep an electrician or plumber on our crew. Let me know if you have any questions about flips or real estate or whatever.
2021-02-1206 minSuccess TrajectoryWalk Through of a Property We Are Trying to BuyQuick walk through of a 3 unit we are hoping to get and as I am walking through, I list out some changes that I would make to the property. Hopefully we get it and you guys can see what we do with the place.
2021-02-1206 minSuccess TrajectoryBuying Equity or Creating Equity in a Rental?I am going through examples of how to create equity and how to buy equity, either way works and honestly, it just depends on what works for your deal.
2021-02-1104 minSuccess TrajectoryTop 5 Mistakes When Investing in RentalsHere are the highlights: 1. Don't be a spreadsheet ninja and never invest 2. Buy off of cash flow or investment style, not emotion 3. Don't buy in areas that you are not familiar with just because it looks like a "good deal" 4. If you are purchasing an existing rental make sure they are running it like a business 5. If you are hiring people to manage your properties, you are managing that person
2021-02-1006 minSuccess TrajectoryAnother Creative Ways of Finding DealsIf you are calling another landlord doing your due diligence, while you are asking them about the tenant- just ask if they are interested in selling. It's an easy way to get a lead on a rental and if they say no, not a big deal. Do you have any cool, creative ways of talking about one thing and sneaking in something else? Let me know!
2021-02-1003 minSuccess TrajectoryShould You Allow Pets in Your Rental?As it turns out, you should. I didn't allow pets originally, but after talking to another investor about how much more rent they made in a year from pet rentals, I just started allowing pets in my properties. There are some studies that say pet owners are more stable and are more likely to be longtime renters, so we will see if that is true.
2021-02-0904 minSuccess TrajectoryQuick Video of an in Progress FlipProgress video of one of our flips, it was basically a crack house and when we are done it's going to be basically all brand new. It's going to be so nice.
2021-02-0902 minSuccess TrajectoryTips for Buying A HouseTeo's House Buying Tips: When buying a house or a rental it is so important to not fall in love with a property, it's an easy way to loose money. Get a good home inspector, they will catch things that could have you bleeding $$ later to fix. Don't buy any houses with super weird layouts, it's a recipe for weird things to happen. Be careful when purchasing a home from a flipper, just make sure the work was completed on the house, don't be afraid to ask what they did on the house.
2021-01-2005 minSuccess TrajectoryMy StoryToday is the story of Teo, from growing up in Romania to moving to the US when I was 10 years old and didn't speak any English to where I am now. It all attributes to who I am today and the work ethic that got me here.
2021-01-0503 minSuccess TrajectoryWelcome to Success TrajectoryMy name is Teo, welcome to Success Trajectory. Here is a video about my background, who I am and why I am doing what I am doing. I hope you check out this video and other content I have to help you live the life you want.
2020-12-2009 minSuccess TrajectoryExample Of Running Rental NumbersHigh return vs. low return running exact numbers to show the opportunities of investment between a less desirable property and a more desirable property. If you want to watch the full running of numbers, head over to my Instagram @realteobogdan to watch the full video or my Youtube Channel Teo Bogdan.
2020-12-1809 min
The Grateful ShowTeo Pantazis - Chasing Your Vision With Whatever It Takes - 074Playing different sports ever since he was young, Teo has definitely proved his competitive nature with every ocassion. Back during highschool he seriosuly injured his shoulder whilst playing volleyball. Doctors told him to take his mind away from sports, but he’s proved them wrong. A few years later he meets his now fiance with who he decides to leave Greece and move to Scotland. He knew that it was not going to be easy studying sports science full time and working even 5 jobs at times to be able to afford the costs of living. However, Teo did whatever it...
2020-10-101h 13
The Real Build44. He Left His Corporate Engineering Job To Invest In Real Estate - With Teo Bogdan Of Platinum PropertiesIn this episode of The Real Build, I got the opportunity to sit down with Teo Bogdan. Teo is with Platinum Properties, where he does a variety of real estate-related transactions like fix and flips, rentals, buys and sell distressed properties, and multi-family investing. I was excited to have Teo on because real estate investing is so crucial to building financial success.
Teo and I discuss how he quit his corporate job as an engineer to get away from a cubicle and 40 hour work weeks to become his own boss.
Before figuring ou...
2020-04-051h 21