Real estate agents have first hand access to some amazing investment property deals, but most of them just hand those deals over to other people in exchange for a commission check. With all the recent changes in the real estate brokerage industry, it has never been more important for realtors to start investing for themselves instead of just making everyone else rich. On this episode, Andrew is joined by Dave Shalabi, top realtor for Re/Max, as they discuss why agents should start building a rental portfolio for themselves. They also give their take on all the industry changes and where the real estate market is poised to go in the coming year.The Cashflow For Life podcast is about one thing: using real estate investing as a tool to create consistent cashflow every month for the rest of your life. Our mission is to help everyone in America buy their first 5 properties in the next 2 years, and have them paid off in 7 years. This is the 2-5-7 Cashflow For Life philosophy. Tune in to witness how ordinary people in our community have put this philosophy into action to increase their net worth and create consistent monthly cashflow as they continue their journey to build wealth for themselves and their families.==============Connect with us! ==============Facebook: @andrewholmesrealestate IG: @andrewholmesre

“The 2024 Election: What It Means for Real Estate Investors”The 2024 Presidential Election will have a significant impact on the U.S. economy—and on every real estate investor across the country. With President Trump’s pro-business agenda, we’re already seeing lower taxes and new incentives aimed at boosting housing supply. But while these changes are promising, the real question is: How will you adapt your real estate business to thrive, no matter what the market throws your way?In this video, we discuss: • The potential effects of pro-business policies on the real estate market • Tax changes and incentives that could benefit investors • Strategic steps you can take to push your real estate business forward, regardless of market conditionsSuccess in real estate is less about who’s in office and more about how you position yourself to succeed. Watch now to learn what’s ahead and how you can stay on top. Don’t forget to like, subscribe, and hit the notification bell for more essential real estate insights!==============Connect with us! ==============Facebook: @andrewholmesrealestate IG: @andrewholmesre ============================================Subscribe and Listen to the Cashflow for Life Podcast============================================➡︎YT: @AndrewHolmesRealEstate➡︎Apple: https://podcasts.apple.com/us/podcast/cash-flow-for-life/id1716953902➡︎Spotify: https://open.spotify.com/show/6vAtxNhzKXwqusirq5sfII?si=70039d3aed044961

We've all heard that most millionaires get to that level of wealth by investing in real estate. Yet, many of us still don't do it, even though it's accessible to everyone. On today's episode, we're on location at the Cashflow Conference as Andrew helps us overcome the five most common excuses why most people don't invest in real estate. He also shares some of his own personal journey, as well as some resources that helped him shift his mindset.The Cashflow For Life podcast is about one thing: using real estate investing as a tool to create consistent cashflow every month for the rest of your life. Our mission is to help everyone in America buy their first 5 properties in the next 2 years, and have them paid off in 7 years. This is the 2-5-7 Cashflow For Life philosophy. Tune in to witness how ordinary people in our community have put this philosophy into action to increase their net worth and create consistent monthly cashflow as they continue their journey to build wealth for themselves and their families.=============Connect with us! ==============Facebook: @andrewholmesrealestate IG: @andrewholmesre =============================================Subscribe and Listen to the Cashflow for Life Podcast=============================================➡︎YT: @AndrewHolmesRealEstate➡︎Apple: https://podcasts.apple.com/us/podcast/cash-flow-for-life/id1716953902➡︎Spotify: https://open.spotify.com/show/6vAtxNhzKXwqusirq5sfII?si=70039d3aed044961

Contrary to popular belief, you don't have to do huge, expensive flips do make a large profit. To maximize your profit, you need to consider how much money and effort you are spending in relation to how much money you make. In this episode, Andrew walks us through the thought process behind flipping houses intelligently and making the highest possible profit.The Cashflow For Life podcast is about one thing: using real estate investing as a tool to create consistent cashflow every month for the rest of your life. Our mission is to help everyone in America buy their first 5 properties in the next 2 years, and have them paid off in 7 years. This is the 2-5-7 Cashflow For Life philosophy. Tune in to witness how ordinary people in our community have put this philosophy into action to increase their net worth and create consistent monthly cashflow as they continue their journey to build wealth for themselves and their families.==============Connect with us! ==============Facebook: @nationalreinvest IG: @andrewholmesre =============================================Subscribe and Listen to the Cashflow for Life Podcast=============================================➡︎YT: @AndrewHolmesRealEstate➡︎Apple: https://podcasts.apple.com/us/podcast/cash-flow-for-life/id1716953902➡︎Spotify: https://open.spotify.com/show/6vAtxNhzKXwqusirq5sfII?si=70039d3aed044961

Anyone can be successful in real estate as long as they are willing to put in the work, and this is exactly what our guest today, Torrence Sorrell, has done and he's just getting started. Torrence just completed his second flip and now firmly has a base in real estate to start building his own real estate empire with flips and rental properties. The Cashflow For Life podcast is about one thing: using real estate investing as a tool to create consistent cashflow every month for the rest of your life. Our mission is to help everyone in America buy their first 5 properties in the next 2 years, and have them paid off in 7 years. This is the 2-5-7 Cashflow For Life philosophy. Tune in to witness how ordinary people in our community have put this philosophy into action to increase their net worth and create consistent monthly cashflow as they continue their journey to build wealth for themselves and their families.

If you're interested in real estate investing, you've likely heard of the "BRRRR" strategy. But have you heard of the "2-5-7" strategy? In this episode, Andrew introduces you to this amazing investment strategy that he's been teaching for over 12 years. He's helped over 2,000 people, most of whom started from zero, own over 28,000 properties. Consider it "BRRRR" on steroids.The Cashflow For Life podcast is about one thing: using real estate investing as a tool to create consistent cashflow every month for the rest of your life. Our mission is to help everyone in America buy their first 5 properties in the next 2 years, and have them paid off in 7 years. This is the 2-5-7 Cashflow For Life philosophy. Tune in to witness how ordinary people in our community have put this philosophy into action to increase their net worth and create consistent monthly cashflow as they continue their journey to build wealth for themselves and their families.

Latinos come to America in search of a better life, and oftentimes take up labor jobs in construction, cleaning, lawn maintenance, etc. They largely contribute to the building of America, but seldom own a piece of it. However, that narrative is quickly changing, with a recent explosion of Hispanic people seizing the lucrative opportunities available through real estate investing. On this episode, Pablo Sarmiento, a seasoned real estate investor, joins Andrew to discuss this big shift in the real estate investing industry.The Cashflow For Life podcast is about one thing: using real estate investing as a tool to create consistent cashflow every month for the rest of your life. Our mission is to help everyone in America buy their first 5 properties in the next 2 years, and have them paid off in 7 years. This is the 2-5-7 Cashflow For Life philosophy. Tune in to witness how ordinary people in our community have put this philosophy into action to increase their net worth and create consistent monthly cashflow as they continue their journey to build wealth for themselves and their families.

Imagine being 25 years old and already having 25 rental properties. What would life look like? On this episode, Mannan Mohammed talks with Andrew about his entrepreneurship journey--his successes and failures, and what lead him to investing in real estate.The Cashflow For Life podcast is about one thing: using real estate investing as a tool to create consistent cashflow every month for the rest of your life. Our mission is to help everyone in America buy their first 5 properties in the next 2 years, and have them paid off in 7 years. This is the 2-5-7 Cashflow For Life philosophy. Tune in to witness how ordinary people in our community have put this philosophy into action to increase their net worth and create consistent monthly cashflow as they continue their journey to build wealth for themselves and their families.

Tenant turnover is the number one issue that costs the most money for landlords. So what can you do to avoid it? How can you find highly qualified tenants that will live in your property for years to come? What are some red flags to look out for when you're vetting tenants? On today's episode, we're joined by Mark Goodman, an expert at finding highly qualified tenants for investors. It helps that he's an investor himself. Tune in to learn some of his best practices and find out how to find good tenants. The Cashflow For Life podcast is about one thing: using real estate investing as a tool to create consistent cashflow every month for the rest of your life. Our mission is to help everyone in America buy their first 5 properties in the next 2 years, and have them paid off in 7 years. This is the 2-5-7 Cashflow For Life philosophy. Tune in to witness how ordinary people in our community have put this philosophy into action to increase their net worth and create consistent monthly cashflow as they continue their journey to build wealth for themselves and their families.

Meet Nita Patel—from enduring a broken marriage and an empty bank account to becoming a successful real estate investor in just 8 years. Nita has completed over 35 wholesale deals, 26 flips, and now owns a portfolio of 25+ rental properties.But this episode is about more than Nita’s incredible journey. She’s laser-focused on acquiring off-market properties, and she’s here to share her strategies for finding and securing them.The Cashflow For Life podcast is about one thing: using real estate investing as a tool to create consistent cashflow every month for the rest of your life. Our mission is to help everyone in America buy their first 5 properties in the next 2 years, and have them paid off in 7 years. This is the 2-5-7 Cashflow For Life philosophy. Tune in to witness how ordinary people in our community have put this philosophy into action to increase their net worth and create consistent monthly cashflow as they continue their journey to build wealth for themselves and their families.

On todays episode we have an incredible investor story to share with you. Meet Mrunal Patel, he has built an amazing multi-family portfolio in just 3 years and today he shares exactly how he did it. There are so many take-away's from this episode, we hope you get a lot out of it.The Cashflow For Life podcast is about one thing: using real estate investing as a tool to create consistent cashflow every month for the rest of your life. Our mission is to help everyone in America buy their first 5 properties in the next 2 years, and have them paid off in 7 years. This is the 2-5-7 Cashflow For Life philosophy. Tune in to witness how ordinary people in our community have put this philosophy into action to increase their net worth and create consistent monthly cashflow as they continue their journey to build wealth for themselves and their families.

Commission rules for real estate agents just changed. How does this affect agents, buyers, sellers, and investors? On this episode, Andrew is joined by Kinga Korpacz from Exit Realty Redefined as she breaks it down for us from the point of view of a seasoned realtor and investor. Find out what these new rules mean for you and what you can do about it.The Cashflow For Life podcast is about one thing: using real estate investing as a tool to create consistent cashflow every month for the rest of your life. Our mission is to help everyone in America buy their first 5 properties in the next 2 years, and have them paid off in 7 years. This is the 2-5-7 Cashflow For Life philosophy. Tune in to witness how ordinary people in our community have put this philosophy into action to increase their net worth and create consistent monthly cashflow as they continue their journey to build wealth for themselves and their families.

What does it take to make money renting out your property on Air BNB, VRBO, and other short term and midterm rental platforms? Does your property have to be in an exotic location? What do people look for when booking their stay? On today's episode, Dawn and AJ Jones share their extensive experience with us.The Cashflow For Life podcast is about one thing: using real estate investing as a tool to create consistent cashflow every month for the rest of your life. Our mission is to help everyone in America buy their first 5 properties in the next 2 years, and have them paid off in 7 years. This is the 2-5-7 Cashflow For Life philosophy. Tune in to witness how ordinary people in our community have put this philosophy into action to increase their net worth and create consistent monthly cashflow as they continue their journey to build wealth for themselves and their families.

2025 success begins right now! If you're serious about doubling your business next year as a real estate investor, don't wait until January 1st to start. In this video, I’ll share why Q4 of 2024 is the crucial time to plan and execute your goals for the year ahead. The real estate market in 2025 will bring its share of challenges, but that also means huge opportunities for savvy investors who are ready and prepared. In this video, I’ll discuss what’s ahead for the market and why focusing on the future—and what you can control within it—is the key to success.If you're serious about real estate investing and ready to take your business to the next level, I invite you to explore our online content and live events. We’ve trained thousands of real estate investors who are now using real estate to change their lives and build financial wealth for their families.Thanks for listening to the podcast.Andrew Holmes

In today's market, it can be tough to find good real estate investment deals, but probates are a great way to do just that. On this episode, Sharon Vornholt, aka "The Queen of Probates," teaches us how to go about sensitively reaching out to the family of someone who recently passed away to begin the discussion, which ultimately leads to a huge relief for the deceased's loved ones and a profitable deal for you as an investor.The Cashflow For Life podcast is about one thing: using real estate investing as a tool to create consistent cashflow every month for the rest of your life. Our mission is to help everyone in America buy their first 5 properties in the next 2 years, and have them paid off in 7 years. This is the 2-5-7 Cashflow For Life philosophy. Tune in to witness how ordinary people in our community have put this philosophy into action to increase their net worth and create consistent monthly cashflow as they continue their journey to build wealth for themselves and their families. Connect with Sharon and checkout here courses and free downloads for probates: https://sharonvornholt.com/

How does a bank work? What can a good relationship with a small, local bank do for an investor? On this episode, Joe Kirkeeng, President of First Secure Bank & Trust, gives us the scoop on this and more. The Cashflow For Life podcast is about one thing: using real estate investing as a tool to create consistent cashflow every month for the rest of your life. Our mission is to help everyone in America buy their first 5 properties in the next 2 years, and have them paid off in 7 years. This is the 2-5-7 Cashflow For Life philosophy. Tune in to witness how ordinary people in our community have put this philosophy into action to increase their net worth and create consistent monthly cashflow as they continue their journey to build wealth for themselves and their families.

Ever wonder exactly how people build wealth through real estate investing? There are tons of so-called gurus out there, but how do you know what really works? On this Cashflow for Life podcast episode, Andrew Holmes is interviewed by Sharon Vornholt about how he found success in the real estate world, specifically using his 2-5-7 Cashflow for Life strategy which has helped thousands of people build wealth.The Cashflow For Life podcast is about one thing: using real estate investing as a tool to create consistent cashflow every month for the rest of your life. Our mission is to help everyone in America buy their first 5 properties in the next 2 years, and have them paid off in 7 years. This is the 2-5-7 Cashflow For Life philosophy. Tune in to witness how ordinary people in our community have put this philosophy into action to increase their net worth and create consistent monthly cashflow as they continue their journey to build wealth for themselves and their families.

Amy Mahjoory joins us on this week's episode to teach us some invaluable lessons about how to ask for private money to fund real estate deals. How can we get over our fear of asking other people for money? How can you speak confidently and put your best foot forward? If raising money is holding you back from scaling up in real estate, then you cannot miss this episode!The Cashflow For Life podcast is about one thing: using real estate investing as a tool to create consistent cashflow every month for the rest of your life. Our mission is to help everyone in America buy their first 5 properties in the next 2 years, and have them paid off in 7 years. This is the 2-5-7 Cashflow For Life philosophy. Tune in to witness how ordinary people in our community have put this philosophy into action to increase their net worth and create consistent monthly cashflow as they continue their journey to build wealth for themselves and their families. ==============Connect with us! ==============Facebook: @nationalreinvest IG: @andrewholmesre

What makes you a great candidate for a commercial loan? Do you have to have stellar credit and money in the bank? Not necessarily. On this week's episode, Rich DeVito from RCN Capital shares a lender's perspective on how to access the funds you need to build your real estate portfolio fast.The Cashflow For Life podcast is about one thing: using real estate investing as a tool to create consistent cashflow every month for the rest of your life. Our mission is to help everyone in America buy their first 5 properties in the next 2 years, and have them paid off in 7 years. This is the 2-5-7 Cashflow For Life philosophy. Tune in to witness how ordinary people in our community have put this philosophy into action to increase their net worth and create consistent monthly cashflow as they continue their journey to build wealth for themselves and their families.

Does traditional marketing techniques, like mailings, still work in today's market?On this week's episode, Justin Silverio, founder of Open Letter Marketing and the Invelo app, shares best practices for building your own "hot list" of off-market real estate deals. Where do you look? How long does it take before you see results? Tune in and find out!The Cashflow For Life podcast is about one thing: using real estate investing as a tool to create consistent cashflow every month for the rest of your life. Our mission is to help everyone in America buy their first 5 properties in the next 2 years, and have them paid off in 7 years. This is the 2-5-7 Cashflow For Life philosophy. Tune in to witness how ordinary people in our community have put this philosophy into action to increase their net worth and create consistent monthly cashflow as they continue their journey to build wealth for themselves and their families. ==============Connect with us! ==============Facebook: @nationalreinvest IG: @andrewholmesre

On this episode of the Cashflow for Life podcast, we're joined by none other than Mark Ainley and Tom Shallcross from the renowned "Straight Up Chicago Investor" podcast, as they chat with Andrew about their journey as real estate investors in Chicago. Then, we flip the script as Mark and Tom put Andrew in the hot seat and ask him about lessons learned from his own journey as well has his vision for the future.The Cashflow For Life podcast is about one thing: using real estate investing as a tool to create consistent cashflow every month for the rest of your life. Our mission is to help everyone in America buy their first 5 properties in the next 2 years, and have them paid off in 7 years. This is the 2-5-7 Cashflow For Life philosophy. Tune in to witness how ordinary people in our community have put this philosophy into action to increase their net worth and create consistent monthly cashflow as they continue their journey to build wealth for themselves and their families.

What makes a successful short-term or midterm rental? Should you go with an exotic destination property, or stick to plain, boring suburban houses? How do you automate your business and build consistent monthly cashflow? Our guest Kirby Atwell walks us through the do's and don'ts, and what he learned along the way to building his successful portfolio. The Cashflow For Life podcast is about one thing: using real estate investing as a tool to create consistent cashflow every month for the rest of your life. Our mission is to help everyone in America buy their first 5 properties in the next 2 years, and have them paid off in 7 years. This is the 2-5-7 Cashflow For Life philosophy. Tune in to witness how ordinary people in our community have put this philosophy into action to increase their net worth and create consistent monthly cashflow as they continue their journey to build wealth for themselves and their families.Watch this podcast on YouTube @AndrewHolmesRealEstate

On this episode of Cashflow for Life, Parker Stiles walks us through the do's and don'ts of building and maintaining a sustainable real estate business with wholesaling. What separates amateur wholesalers from the pros? Tune in and find out.The Cashflow For Life podcast is about one thing: using real estate investing as a tool to create consistent cashflow every month for the rest of your life. Our mission is to help everyone in America buy their first 5 properties in the next 2 years, and have them paid off in 7 years. This is the 2-5-7 Cashflow For Life philosophy. Tune in to witness how ordinary people in our community have put this philosophy into action to increase their net worth and create consistent monthly cashflow as they continue their journey to build wealth for themselves and their families. Connect with us online! Facebook: @nationalreinvest IG: @andrewholmesre YT: @AndrewHolmesRealEstateConnect with Parker Stiles on his website here: https://www.barringtonhomebuyers.com/

In just 6 years, Shantanu Kamra has gone from working a job in IT to netting over $600k per year as a real estate investor. What strategies did he use? What does it take to make it that big in such a short period of time? Tune in and find out!The Cashflow For Life podcast is about one thing: using real estate investing as a tool to create consistent cashflow every month for the rest of your life. Our mission is to help everyone in America buy their first 5 properties in the next 2 years, and have them paid off in 7 years. This is the 2-5-7 Cashflow For Life philosophy. Tune in to witness how ordinary people in our community have put this philosophy into action to increase their net worth and create consistent monthly cashflow as they continue their journey to build wealth for themselves and their families.

On this episode of Cashflow for Life, Andrew Holmes gives invaluable insight on the 2024 real estate market. Where are we currently?How did we get here? Where are we headed? Learn all this and more on this can't-miss episode!The Cashflow For Life podcast is about one thing: using real estate investing as a tool to create consistent cashflow every month for the rest of your life.Our mission is to help everyone in America buy their first 5 properties in the next 2 years, and have them paid off in 7 years.This is the 2-5-7 Cashflow For Life philosophy. Tune in to witness how ordinary people in our community have put this philosophy into action to increase their net worth and create consistent monthly cashflow as they continue their journey to build wealth for themselves and their families.

On this episode of Cashflow for Life, Rishab Chawla shares how he went from being busy with his everyday 9 to 5 to building a rental portfolio that provides $250,000 of cashflow every year.In the show, Rishab shares how he built his rental portfolio and the mistakes he made along the way. The biggest takeaway is that anyone can do this if you're willing to put in the work and learn how to properly invest in real estate.The Cashflow For Life podcast is about one thing: using real estate investing as a tool to create consistent cashflow every month for the rest of your life.Our mission is to help everyone in America buy their first 5 properties in the next 2 years, and have them paid off in 7 years.This is the 2-5-7 Cashflow For Life philosophy. Tune in to witness how ordinary people in our community have put this philosophy into action to increase their net worth and create consistent monthly cashflow as they continue their journey to build wealth for themselves and their families.Find out more about Cashflow for Life and our next upcoming event on our website CLICK HERE!

Imagine having a visual impairment and, in spite of that, still achieving over $300,000 in cash flow. Today's guest shows exactly how this can be accomplished.In this episode of the Cashflow for Life podcast, I'm joined by Adrienne Falconer as she shares her extraordinary journey in real estate investing, defying odds with determination and vision. Managing a portfolio of 10 properties, including multi-unit buildings and single-family homes, Adrienne's approach is marked by meticulous attention to detail and a commitment to providing quality, affordable housing. Despite facing challenges common to the industry, such as difficult tenants and property management issues, Adrienne's perseverance and strategic decision-making have led to her impressive success.Adrienne's success is rooted in her unwavering focus on her goals, driven by a desire to create generational wealth and a legacy of excellence in property ownership. She emphasizes the importance of networking and building strong relationships, using her team and network as her eyes and ears in managing properties. Her philosophy of reinvesting a significant portion of her income back into her properties reflects her commitment to maintaining high standards and ensuring long-term profitability.As Adrienne looks to the future, her goal is to continue expanding her portfolio and securing her family's financial future. Her story serves as an inspiring example of what can be achieved through determination, strategic thinking, and a relentless pursuit of one's goals. Adrianne's journey is a testament to the power of vision and perseverance in the world of real estate investing.Listen now and enjoy!What You Will Learn In This Show:The value of networking and building relationships in real estate investing.Adrienne's criteria for selecting properties, including focusing on areas she knows well and properties with potential for improvement.Her approach to property management, including utilizing a property manager and constantly communicating with them.How, despite her visual impairment, Adrienne has built a strong team of contractors, property managers, and real estate professionals to support her investments.The importance of financial discipline, reinvesting a significant portion of her income back into her properties.Adrienne's overarching goal to provide affordable, clean housing and create generational wealth, emphasizing the need for a clear vision in real estate investing.How her determination and focus on her goals have driven Adrienne's success.And much more...

In today's episode of the Cashflow for Life podcast, Andrew is joined by real estate investor Jesse Arenas, as he shares his journey from financial struggles to success through consistent and strategic real estate investments. He emphasizes the importance of not giving up, highlighting the need for consistency and perseverance in the face of challenges. Jesse's experience demonstrates that success in real estate requires hard work, dedication, and a long-term perspective. His story serves as an inspiration to those looking to achieve financial freedom through real estate investing.Throughout the conversation, Jesse discusses his approach to real estate, which includes a mix of wholesaling, flipping, and rental properties. He emphasizes the value of building a portfolio of quality properties over time, rather than seeking quick profits. By focusing on acquiring properties with good potential and managing them effectively, Jesse has been able to build a sustainable income stream that supports his family and allows him to help others in similar situations.Jesse's dedication to helping others is evident in his involvement with National RE Funding, where he assists investors with their lending needs. His personal experience with financial hardship has fueled his passion for assisting others in achieving their real estate goals. Jesse's story serves as a reminder that success in real estate, and in life, often requires a combination of hard work, perseverance, and a willingness to help others along the way.Listen now and enjoy!What You Will Learn In This Show:The importance of not giving up, highlighting the need for consistency and perseverance in real estate investing.Jesse's approach of focusing on acquiring quality properties over time, rather than seeking quick profits, and the long-term benefits of strategic investing.The importance of family support and teamwork in achieving success.The value of learning from setbacks and using them as opportunities for growth.The critical importance of giving back and supporting others on their journey to success.And much more...Resources:National RE Funding

In today's episode of the Cashflow for Life podcast, Andrew is joined by Kent, a seasoned real estate investor and business mentor. Kent shares his journey from starting in the grocery business to becoming a pivotal figure in real estate, particularly through his innovative approach in turnkey investing. The conversation reveals Kent's business philosophy, emphasizing the importance of operational systems, leveraging data and technology, and creating sustainable business models that allow for passive income and freedom from day-to-day operations. He discusses the transition from high-volume house flipping to managing a vast portfolio of properties and offering comprehensive real estate services through his company, REI Nation.Kent elaborates on the mindset and strategies that drive successful real estate investing. He stresses the significance of understanding key performance indicators and the nuances of financial management that can distinguish profitable ventures from less successful ones. His approach advocates for a focus on depth rather than breadth in business endeavors, emphasizing mastery and expertise in specific areas over diversification. He also discusses the critical nature of building a business that operates efficiently without the constant direct involvement of the owner, highlighting the difference between being a hustler and a true CEO.The episode wraps with an in-depth discussion on the value of precise goal-setting and strategic planning in real estate. Kent and Andrew discuss the power of having clear, measurable objectives and the discipline to focus on incremental growth through straightforward, repeatable processes. They touch on the potential pitfalls of chasing new trends without a solid foundation and the importance of community and mentorship in achieving long-term success. Kent invites listeners who are serious about scaling their real estate businesses to connect with him through his platforms for further learning and growth.Listen now and enjoy!What You Will Learn In This Show:Kent's journey from starting young in the grocery industry to achieving success in real estate.How real estate investors can evolve from being hustlers — constantly chasing deals — to becoming CEOs who focus on building sustainable systems and processes for their businesses.The critical role of understanding key performance indicators, financial statements, and cost controls to drive profitability and sustainability in the real estate business.The pitfalls of indiscriminate business scaling and the benefits of focusing on profitable, manageable growth rather than expanding into unfamiliar areas without a solid foundation.How to define your financial goals and use real estate as a tool to generate passive income.Why sticking to familiar and simple real estate investment strategies can lead to greater success compared to jumping into complex or unfamiliar territories.The benefits of joining high-level mastermind groups like the Boardroom Mastermind, where experienced investors share knowledge and support each other's growth.How setting clear, actionable goals and understanding the steps to achieve them can drastically improve your effectiveness and efficiency in the real estate market.And much more...Resources:Kent Clothier

In today's episode of the Cashflow for Life podcast, Andrew is joined by Dr. Anuja Gupta, who transitioned from a career in cardiology to becoming a real estate developer. Dr. Gupta shares her journey, starting from her medical practice to entering the real estate industry during the economic downturn, which allowed her to purchase properties in downtown Chicago at significantly reduced prices. Her initial foray into real estate was driven by the desire for flexibility to spend time with her family, alongside the financial benefits of building long-term assets. She reflects on the challenges and learning experiences of starting in real estate with little prior knowledge, highlighting the strategic importance of timing in property investments.Dr. Gupta discusses her development projects, particularly focusing on a retirement community she built, aimed at providing culturally sensitive assisted living for the Indian-American elderly population. This project, called Veranda, was inspired by her observations that mainstream facilities failed to cater to the cultural needs of Indian seniors. Despite facing significant challenges, including a major setback during the COVID-19 pandemic that halted the real estate market, Dr. Gupta persisted. The project eventually became successful, offering a sense of community and familiarity to its residents, fulfilling her vision of creating a space where elderly minorities could feel at home.Towards the end of the episode, Dr. Gupta offers advice to aspiring real estate investors, emphasizing the cyclical nature of the market and the importance of buying low. She advises sticking to basics and understanding one's niche, suggesting that success often comes from consistent effort in a focused area rather than chasing trends. Dr. Gupta reflects on her personal growth, recognizing the importance of making calculated, less risky investments that align with one's expertise and life stage, ultimately advocating for the steady, disciplined approach to real estate investment.Listen now and enjoy!What You Will Learn In This Show:How Dr. Gupta transitioned from a successful medical career to real estate development, and the importance of following personal passion and seeking flexibility outside traditional career paths.How she capitalized on the 2008 financial crisis by investing in properties at significantly reduced prices, as well as the critical timing of real estate investments for maximum returns.The complexities and risks involved in real estate development, particularly when dealing with unexpected setbacks such as unreliable contractors and fluctuating market conditions.The development of a culturally sensitive retirement community for Indian-American seniors, addressing a unique market need that mainstream facilities often overlook.The importance of understanding and adapting to economic cycles in real estate, emphasizing the cyclical nature of the market and the strategy of buying low and selling high.How building relationships with local community leaders and policymakers can be crucial in facilitating large-scale real estate projects.The importance of consistency and finding a niche in real estate investment, and why success often comes from repeated effort in a well-understood area rather than chasing new trends.And much more...

In today's episode of the Cashflow for Life podcast, Andrew is joined by two enterprising brothers, known affectionately as the "Two Bros." They share their journey from running a convenience store to becoming successful in the real estate industry. Initially skeptical of the feasibility of owning multiple properties, their perspective shifts upon meeting other investors in Andrew's network. The brothers, originally from India, discuss their transition from operating family-owned retail stores in Chicago to investing in real estate for better financial and time freedom. Their story begins with a struggle to convince their family of the real estate venture's viability, overcoming significant losses in stocks and cryptocurrency, and eventually finding a path to success through rental properties and rehab projects.Throughout the conversation, the importance of a step-by-step approach to building a real estate portfolio is emphasized, highlighting the initial challenges and learning curves the brothers faced. Their first property purchase over the asking price and subsequent renovation cost overruns are discussed as valuable learning experiences rather than setbacks. The strategy of focusing on rental properties rather than flipping houses is debated, with the brothers stressing the benefits of long-term cash flow, tax advantages, and not losing assets. They share insights into the acquisition of their properties, mainly through the MLS and networking within Andrew's mastery program, and express an intention to explore more direct marketing strategies to find off-market deals.The brothers' success story culminates in a broader discussion of their goals and the impact of real estate investment on their family dynamics. With ambitions to achieve significant monthly cash flow, they reflect on the transformative power of real estate investment, not just for their financial situation but also for their family's involvement and legacy. The podcast closes with an encouragement for listeners to pursue real estate investing, emphasizing that success is achievable with focus, education, and persistence, regardless of one's background or age.Listen now and enjoy!What You Will Learn In This Show:How two young entrepreneurs transitioned from owning convenience stores to successfully investing in real estate, emphasizing the importance of starting young and the potential for creating lasting cash flow.The step-by-step process of building a real estate portfolio, highlighting the significance of patience, planning, and long-term vision in real estate investment.The brother's early struggles, from convincing their family of their real estate vision to overcoming financial losses in stocks and cryptocurrency.The challenges faced during their first property renovation, the learning value of initial mistakes and how they shape a more effective investment strategy.The benefits of focusing on rental properties over flipping, including consistent cash flow, tax advantages, and building a tangible, appreciating asset base.How the brothers utilized their network within a real estate mastery program to find deals and secure funding.The decision to sell their active business for a more passive real estate income, as well as the comparative advantages in terms of time, effort, and financial return.Strategies for finding off-market deals to continue growing their portfolio in a competitive market, and the importance of creative acquisition methods in real estate.The evolution of family dynamics as the brothers' real estate success grows, turning skeptics into collaborators and setting a foundation for generational wealth and education.And much more...

In today's episode of the Cashflow for Life podcast, Andrew is joined by the Hernandez family as they share their inspirational journey from modest beginnings to achieving substantial financial success through real estate. The family's patriarch, Waldo Hernandez, and his wife, Brandy, recount their initial foray into entrepreneurship with a shoe repair business, despite having no prior experience in the trade. Their narrative progresses to describe their early challenges and setbacks in real estate, particularly during the 2008 recession, which resulted in the loss of properties. However, these setbacks only fueled their determination to learn and grow within the industry.The family's turning point came when they decided to join a mastery group in November 2018, which provided them with the knowledge and resources to scale their real estate endeavors significantly. By February and March of the following year, they had three properties under contract, marking the beginning of their rapid growth in the field. Brandy and Waldo explain the strategic shift in their investment approach, from attempting flips and managing a few rentals to accumulating a considerable monthly cash flow and diversifying their investments, including buying a 47-acre farm. Their story is a testament to the power of education, hard work, and perseverance in the realm of real estate investing.Adding a fresh perspective to the podcast, Hernandez's daughter, Jocelyn, shares her experience growing up in an environment where real estate and hard work were a part of daily life. From a young age, Jocelyn was involved in the family business, learning the ropes of real estate investment firsthand. Her ambitions led her to pursue a master's in architecture while actively participating in the family's real estate business, conducting her own flips, and handling rentals. The episode emphasizes the importance of knowledge, hard work, and family support in overcoming obstacles and achieving the American dream, serving as an inspiration to immigrants and young entrepreneurs alike.Listen now and enjoy!What You Will Learn In This Show:How the Hernandez family moved from owning a humble shoe repair business to creating a significant cash flow through real estate.How joining a mastery group in November 2018 was a pivotal moment for the Hernandez family, enabling them to secure three properties under contract by early 2019 and significantly scale their investments.The Hernandez family's approach to flipping houses and accumulating properties to generate a substantial monthly cash flow, along with diversifying their portfolio by investing in a 47-acre farm.How the 2008 recession affected the Hernandez family's real estate ventures, leading to the loss of properties.The significance of trust, cooperation, and shared goals within the Hernandez family, contributing to their collective success in real estate investment.Jocelyn's experience growing up in a real estate-focused family, her early involvement in the business, and how this unique upbringing shaped her career aspirations and success in the industry.The importance of hard work, community support, and education in empowering individuals and families, particularly in the Hispanic community.And much more...

In today's episode of the Cashflow for Life podcast, Andrew is joined by two enterprising brothers, known affectionately as the "Two Bros." Coming from a background enriched by the allure of real estate, they share their journey from harboring dreams influenced by childhood fascinations with architecture to becoming active players in the real estate market. The duo, despite their young ages of 25 and 23 and being full-time students, have adeptly managed to carve out a niche for themselves in the competitive realm of real estate investment, with a keen eye on Airbnb rentals as a lucrative venture.Their strategy, deeply influenced by their visionary outlook and the opportunities afforded by their new life in America, centers around maximizing cash flow through short-term rentals, a pivot from traditional long-term tenancies. They articulate a compelling case for the Airbnb model, highlighting its potential to quadruple cash flow compared to conventional rentals. This approach not only enables them to accelerate the mortgage payoff process but also underscores their adaptability and forward-thinking in capitalizing on market dynamics. Their journey from acquiring their first property to scaling up to six properties, all while juggling academic responsibilities and managing other business ventures, paints a vivid picture of their entrepreneurial spirit and their meticulous approach to business.Moreover, the brothers' collaborative dynamics and shared responsibilities — ranging from rehab management to legal and administrative tasks — exemplify the synergy that drives their success. Despite occasional disagreements, their shared vision and mutual respect for each other's expertise have propelled them towards achieving their goals. Their story is a testament to the power of ambition, strategic planning, and the unwavering belief in the potential for growth and success in the realm of real estate. As they look towards expanding their portfolio with the aim of reaching a net cash flow of $100,000 a month, they offer a compelling blueprint for aspiring entrepreneurs and investors, illustrating that with hard work, a clear vision, and an unyielding drive, achieving remarkable success is within reach.Listen now and enjoy!What You Will Learn In This Show:How migrating to America opened up a new world of opportunities for the Two Bros, encouraging them to dream big and pursue ambitious goals in the real estate sector.The journey of two young brothers from their early fascination with buildings to diving into the real estate business while balancing college education.Why they were drawn to real estate and how they leveraged Airbnb to significantly increase their cash flow compared to traditional long-term rentals.Insights on choosing properties for Airbnb, focusing on non-exotic, suburban locations for better returns, and the criteria for selecting potential rentals.The role of cash flow in real estate investment and how to scale up the business to achieve substantial monthly earnings.How the brothers manage their growing portfolio by dividing responsibilities, focusing on rehab management, legal work, and more, for smoother operations.The value of being part of a real estate community or program for finding deals, securing funding, and navigating the journey with mentorship and support.The Two Bros' experience with keeping their investment activities from their parents initially and how they plan to present their success once they've achieved more significant cash flow.The importance of setting realistic yet ambitious goals in the real estate market, aiming for a certain number of properties or monthly cash flow to ensure long-term success.And much more...

In today's episode of the Cashflow for Life podcast, Andrew is joined by Mrunal Patel, a distinguished guest with a dual focus on his IT consulting firm and robust investments in real estate. Mrunal shares insights into his business, highlighting its role in IT consulting across the state and his strategic investments in IT companies as an angel investor. His foray into real estate is driven by a desire for consistent cash flow, tax benefits from depreciation, and the long-term appreciation of asset values. Despite his busy professional life, Mrunal has successfully managed to balance his IT business endeavors with significant real estate investments, thanks to a meticulously developed process and a dedicated in-house team that handles tenant management and maintenance, supported by back-office operations in India.Mrunal's real estate strategy is detailed, emphasizing the benefits of real estate over other investment forms. He explains the advantages of direct ownership, the financial benefits of depreciation, and the asset value appreciation inherent in real estate investments. His approach involves creating efficient processes and leveraging a team that allows him to manage his portfolio effectively, ensuring he can focus on both his business and real estate ventures without compromise. Mrunal’s story is a testament to the power of networking and continual learning, which he values highly for personal growth and business expansion. His participation in a mastery program was motivated by the belief that "your network is your net worth," aiming to broaden his expertise and resource pool for quicker and more informed decision-making.Throughout the conversation, Mrunal shares various anecdotes and lessons from his real estate journey, including successful transactions and the strategic shift from condominiums to more lucrative single-family and multifamily properties. His investment philosophy underscores the importance of adaptability, due diligence, and a keen analysis of market conditions to optimize investment returns. Highlighting his operational efficiency, Mrunal discusses how he minimizes his involvement in day-to-day management through effective delegation and the use of technology, allowing him to scale his investment portfolio while maintaining a focus on his core IT business. The episode not only illuminates Mrunal’s successful integration of real estate into his investment portfolio but also offers valuable insights for busy professionals looking to diversify their investments and achieve financial independence through real estate.Listen now and enjoy!What You Will Learn In This Show:Mrunal’s approach to balancing a full-time IT consulting business with extensive real estate investments teaches the value of diversification.Why his success in real estate, despite his busy schedule, is attributed to his creation of efficient processes and a reliable team.The significance of networking and continuous education in expanding one’s business and investment horizons.Mrunal’s strategic shift from investing in condominiums to focusing on single-family and multifamily properties, and the need to adapt investment strategies according to market conditions.How to minimize day-to-day management through effective delegation and technology use.Insights into adapting investment strategies based on market dynamics and personal circumstances, and the necessity of flexibility in achieving long-term success in real estate.The importance of thorough due diligence and risk assessment before making investment decisions, including evaluating potential deals and understanding market trends.And much more...

In today's episode of the Cashflow for Life podcast, Andrew is joined by Pablo Sarmiento, as he shares his inspiring journey from humble beginnings to becoming a successful real estate investor. Starting off with no background in wealth or real estate, Pablo, a first-generation Ecuadorian immigrant, overcame significant challenges, including his parents' illiteracy and his own initial missteps in the criminal activities of his neighborhood. Despite these obstacles, he harbored a strong entrepreneurial spirit and a desire to break free from the cycle of poverty. His transformation began when he decided to shift his environment and surround himself with individuals who had aspirations and were actively pursuing success. This decision marked the beginning of a new chapter in his life, leading him towards real estate investment.They explore Pablo's real estate journey, emphasizing the importance of smart work over hard work and the transformative power of real estate investment. Pablo's story highlights the crucial turning points, including his partnership with his spouse, Gina, and their collective leap of faith into real estate, despite previous setbacks and financial challenges. Their perseverance and willingness to learn from mistakes and seek mentorship led to significant achievements. His story underscores the value of resilience, the importance of changing one's mindset and environment, and the impact of mentorship and networking in achieving success in real estate.Pablo offers valuable advice to aspiring real estate investors, stressing the importance of not letting past mistakes define one's future and the necessity of working smart. He advocates for taking calculated risks, seeking mentorship, and continuously pursuing personal and professional growth. Pablo's story serves as a testament to the idea that with determination, the right mindset, and the support of mentors, achieving financial freedom through real estate is within reach.Listen now and enjoy!What You Will Learn In This Show:Pablo's journey from a challenging childhood in Ecuador to success in the real estate industry in Chicago showcases the power of overcoming adversity.The importance of working smart instead of just working hard.The value of seeking out and learning from those who have already achieved what you aspire to.How Pablo's strategy of networking and building strong relationships with construction workers and others in the real estate industry has played a crucial role in his success.The importance of learning from mistakes rather than being defined by them.Turning the challenges of Pablo's upbringing and initial career setbacks into opportunities for growth and success.The importance of being open to change and adapting one's career path as opportunities arise.The importance of financial literacy for success in the industry.And much more...

In today's episode of the Cashflow for Life podcast, Andrew is joined by real estate investor Gonzalo Corzo sa he shares his journey and the lessons learned from scaling his business to handle over 1200 transactions. With a start in wholesaling from a young age, Gonzalo rapidly grew his operations, leveraging both his expertise in wholesaling and strategic partnerships. His story illustrates the highs of achieving significant business growth and the nuanced understanding of the Jacksonville market, where he could predict property values with impressive accuracy. This part of the conversation shines a light on the value of experience and local market knowledge in real estate investing.However, Gonzalo's story takes a turn as he discusses the challenges of scaling too quickly and becoming overly reliant on hedge funds for property sales. The volatility of the market and changing investment strategies of hedge funds posed significant risks, leading to a substantial pivot in his business model. This section of the discussion is a candid exploration of the cons of rapid scaling, including the high operational costs, the complexity of managing a large team, and the eventual need to downsize dramatically due to market shifts. Gonzalo's experience serves as a cautionary tale about the importance of adaptability and the risks associated with dependency on a single or limited number of revenue streams.Towards the end of the conversation, Gonzalo reflects on his current strategy, which focuses on maximizing profits through a mix of wholesaling, flipping, and holding rentals. By partnering with other investors and optimizing his business operations, he's found a sustainable model that balances immediate cash flow with long-term wealth building. This part of the dialogue emphasizes the importance of learning from past experiences, the value of flexibility in business strategies, and the ongoing pursuit of a balanced and diversified investment portfolio. Gonzalo's journey is a powerful reminder of the complexities of real estate investing and the need for constant evolution in response to market dynamics.Listen now and enjoy!What You Will Learn In This Show:How building relationships with key players can significantly enhance your real estate investment strategy.The role of targeted marketing in attracting high-quality leads and the importance of testing different strategies.The value of collaboration over competition in the real estate market.Why focusing on a niche or specific aspect of real estate can lead to greater success.Understanding that being proficient in one area doesn't guarantee success in another and the need for continuous learning.The necessity of adapting your strategy to suit different marketing channels, such as internet leads, TV leads, or direct mailings.Insights into how the real estate market's dynamics require adaptability and openness to change.The value of being transparent about both successes and challenges in your journey.The importance of staying informed through podcasts, networking events, and collaborations.And much more...Resources:Gonzalo's LinkedInCash Geeks

In today's episode of the Cashflow for Life podcast, Andrew is joined by Jared Kott, the principal of Marblestone Property Group. They explore the intricacies and opportunities of investing in real estate, specifically focusing on Section 8 housing and the unique market dynamics of Chicago. Jared shares his journey from being laid off and leveraging his 401(k) for his first real estate investment, to managing nearly 500 units with a focus on single-family homes and small multi-family buildings. Through candid discussions, they unravel the challenges and strategies of working with government housing programs, emphasizing the importance of location, tenant screening, and the financial mechanics of refinancing to secure long-term cash flow.Jared's approach combines hard-earned lessons, such as the critical mistake of early 401(k) withdrawal and the importance of quality rehabilitation work to meet financing standards. He and Andrew debunk common misconceptions about Section 8 tenants and highlight the importance of delivering quality housing to ensure stability and profitability. They also discuss the financial strategy of leveraging low-interest rates for refinancing, allowing for significant cash-out without compromising cash flow, underscoring the unparalleled investment opportunities available in the U.S. real estate market.This episode offers a glimpse into Jared's personal growth and strategic mindset as well as providing a comprehensive guide for aspiring real estate investors. It emphasizes the power of focused investment strategies, the importance of understanding market nuances, and the potential of real estate to provide sustainable wealth and cash flow.Listen now and enjoy!What You Will Learn In This Show:The slow pace and bureaucratic challenges when dealing with government entities in real estate transactions.Insights into leveraging the Section 8 or housing voucher program for substantial profits, including the nuances and operational tips for success.Strategies for investing in less desirable or challenging neighborhoods, with a focus on Chicago's real estate market block-by-block investment approach.Jared's journey, highlighting the transition from a traditional job to successful real estate investing, underscoring the importance of education and seizing opportunities post-corporate life.The pros and cons of working with the Section 8 program, emphasizing tenant screening and government-imposed rent limitations.An analysis of tenant stay duration in relation to property type, and why single-family homes tend to retain tenants longer compared to multi-unit properties.Setting realistic expectations for cash on cash returns in various markets, particularly in areas with a high degree of variability like Chicago's Southside.The significance of location over property condition in real estate investment decisions, with insights into the unique dynamics of Chicago's real estate market.  A case study on leveraging refinancing to secure long-term, stable cash flow while minimizing risk, including watching market trends like the 10-year Treasury yield.  The unparalleled opportunities available in the American real estate market compared to other countries, emphasizing the benefits of the U.S. financial system for investors.And much more...Resources:Jared's LinkedInMarblestone Property Group

In today's episode of the Cashflow for Life podcast, Andrew is joined by Oscar Setiawan, whose journey from the proprietor of Chicago's only authentic Indonesian restaurant to a successful real estate investor is nothing short of inspiring. Oscar shares the pivot that led him from the culinary world to real estate, driven by a blend of entrepreneurial spirit and a quest for financial destiny control. His transition was fueled by recognizing the limitations within a conventional job and the desire for a life where he could dictate his own success. Oscar's story begins with his innovative leap into restaurant ownership, aiming to fill a niche in Chicago's diverse culinary scene, and transitions into his calculated dive into real estate investing, showcasing his adaptability and entrepreneurial acumen.Throughout the conversation, Oscar provides insight into his strategic approach to real estate investment, emphasizing the importance of area selection and the willingness to adapt strategies based on market conditions. He candidly discusses the challenges faced during the 2020 pandemic when his restaurant business was hit hard, and how he shifted focus towards real estate to maintain financial stability. His journey is a testament to the resilience and creativity required to thrive in the face of adversity. Oscar's evolution from a restaurant owner to embracing real estate full-time illustrates the critical role of flexibility and foresight in navigating the unpredictable waters of entrepreneurship.Oscar offers some insights into his latest venture, a unique blend of personal passion and strategic financial planning, aimed at securing his daughter's educational future. The creation of "God is an Investor," a streetwear brand, signifies a novel approach to teaching financial responsibility and entrepreneurship to the next generation. This initiative not only underscores Oscar's commitment to his family but also his innovative spirit in exploring new avenues for growth and investment.Listen now and enjoy!What You Will Learn In This Show:How Oscar moved from owning Chicago's only authentic Indonesian restaurant to becoming a successful real estate investor.The significance of area selection in real estate, how to adapt investment strategies based on market conditions, and the importance of resilience and creativity in overcoming challenges.Insights into the entrepreneurial mindset that drives success across different industries.The dynamics of different real estate markets, including the challenges and strategies for investing in single-family homes versus multifamily properties, and how to identify profitable investment opportunities.The concept of generating active income through real estate flipping and wholesaling, and how this strategy can be used to build a portfolio of rental properties for long-term wealth and cash flow.How family goals can intertwine with business ventures to teach financial responsibility and entrepreneurship.Oscar's experience during the COVID-19 pandemic, and the importance of having flexible business strategies that can adapt to unforeseen circumstances.The value of good bookkeeping and financial management in real estate investing, and how Oscar's venture into creating a bookkeeping service helps real estate investors manage their finances efficiently.The concept of lifestyle investing, where the focus shifts from just accumulating assets to creating a portfolio that supports your desired lifestyle.And much more...Resources:God is an Investor

In today's episode of the Cashflow for Life podcast, Andrew is joined by Surya Dutta, an accomplished consultant and real estate investor. Surya shares his journey from India to the U.S., where he pursued a career in consulting after studying computer science and earning an MBA from UNC. He explores the turning points of his career, highlighting his transition from a tech entrepreneur to a real estate investor. Surya's story is a testament to the power of mentorship and seizing unexpected opportunities, illustrating how a chance encounter transformed his career trajectory.Andrew and Surya explore the nuances of real estate investment and entrepreneurship. Surya emphasizes the importance of focus and simplicity in business, drawing a contrast between being a partner in a consulting firm and the infinite scaling potential in real estate. He stresses that the key to success in entrepreneurship is not just about making money, but finding freedom and satisfaction in creating and controlling one's destiny. Surya also shares his insights on risk management and the psychological aspects of investing, particularly during uncertain times like the COVID-19 pandemic.The conversation shifts to the critical role of education and mentorship in achieving entrepreneurial success. Surya reflects on his academic background, acknowledging the value of learning from experienced entrepreneurs and educators. He and Andrew discuss the challenges and mindset shifts required for professionals to transition into successful real estate investing. Concluding the episode, Surya offers advice to aspiring investors, emphasizing the importance of interest, knowledge, a supportive ecosystem, and mentorship in navigating the real estate landscape and achieving long-term success.Listen now and enjoy!What You Will Learn In This Show:How Surya Dutta moved from a stable consulting career to the dynamic world of real estate investment.The importance of control, freedom, and the potential for infinite scaling in entrepreneurship versus traditional employment.The value of formal education and real-life mentorship in the journey to becoming a successful real estate investor.Strategies for managing risks and making informed decisions, especially during uncertain times like the COVID-19 pandemic.The psychological challenges and rewards of real estate investing.The power of focus and simplicity in achieving business success.Strategies for adapting to and thriving in a fluctuating real estate market.Tips for identifying and capitalizing on real estate opportunities, regardless of market conditions.How Surya managed to build a substantial real estate portfolio while maintaining a demanding full-time job.And much more...

In today's episode of the Cashflow for Life podcast, Andrew is joined by Bart Kosinski, a seasoned contractor with 20 years of experience, to discuss his transition from contracting to successful real estate investing. The conversation begins with Bart's background in the industry, highlighting his Polish heritage and how he started as an employee learning various trades before establishing his own business. Bart shares his journey of initially working on projects for investors and clients, leading to his interest in investing himself. He recounts his first steps into real estate investment, starting with flips and gradually moving towards rental properties.Bart explains the challenges and learning experiences he faced in his investment journey. He reflects on his initial strategy during the COVID-19 pandemic, opting for Section 8 rentals in C neighborhoods for security. Bart also touches on his experiences with Airbnb investments, starting in Florida and then expanding to Chicago. The discussion explores the nuances of choosing properties for different investment strategies, such as Airbnb, rentals, and flips, and the importance of location in these decisions. Bart emphasizes the ease and profitability of managing smaller properties and shares his shift in focus from high-cost, time-consuming projects to more manageable, lucrative ones.Andrew and Bart also discuss the critical mindset shift from contractor to investor. Bart highlights the importance of understanding the real estate market, accessing private money lenders, and adopting efficient strategies for refinancing and rehabilitating properties. He shares insights on balancing contracting work with personal projects and the criteria he uses to select which properties to invest in.Listen now and enjoy!What You Will Learn In This Show:Bart's journey from a 20-year career in contracting to becoming a successful real estate investor.The early challenges and decisions in real estate investment, including the transition from working on projects for others to investing for oneself.How the pandemic influenced Bart's strategy towards Section 8 rentals in C neighborhoods and the benefits of such decisions during uncertain times.The process and advantages of diversifying investments through Airbnb, starting from Florida and expanding to Chicago.The factors involved in choosing properties for Airbnb, rentals, and flips, emphasizing the importance of location.Why smaller properties can be more manageable and profitable compared to larger, more complex projects.The crucial mindset change required for contractors to succeed in real estate investing.How to access private money lenders, and the importance of efficient refinancing, and rehab strategies.How to manage contracting work while focusing on personal real estate projects.Advice for contractors who are looking to venture into the world of real estate investment.And much more...

In today's episode of the Cashflow for Life podcast, Andrew is joined by his business partner, Rahul Visal, a successful real estate investor. They explore the significance of having a supportive partner in the journey of entrepreneurship, particularly in real estate investing. Andrew recounts his own experience, highlighting how Rahul's belief in him and their partnership played a pivotal role in building a thriving business. They discuss the evolution of their business over a decade, including the transition from the initial struggles to achieving a mature, successful partnership. Rahul shares his background as a mechanical engineer working for Caterpillar and his transition into real estate investing. His initial foray into the field was driven by the need to invest savings effectively, coinciding with his plans to return to India. Andrew and Rahul reflect on the early days of their partnership, detailing their strategies in property investment, particularly focusing on affordable properties in good neighborhoods. They emphasize the importance of investing for long-term gains, avoiding the temptation to spend the cash flow on personal expenses, and instead reinvesting in the business. The discussion also touches on their conservative approach during the uncertain market conditions of the late 2000s and early 2010s.Andrew and Rahul also focus on the current state and future plans of their business. They contemplate the idea of making their portfolio more robust by upgrading to better properties and exploring new markets, like short-term and mid-term rentals. Rahul expresses his belief in retaining real estate for generational wealth, emphasizing the value of 1031 exchanges to reinvest profits without tax implications.Listen now and enjoy!What You Will Learn In This Show:How Andrew and Rahul's partnership was crucial in their real estate journey.Rahul's journey from a mechanical engineer to a successful real estate investor.Their strategic approach to real estate, focusing on affordable properties in desirable neighborhoods and the importance of investing with a long-term perspective.Why reinvesting cash flow into your business, rather than personal expenses, is a key strategy for sustainable growth and wealth accumulation in real estate.How Andrew and Rahul navigated the uncertain market conditions during the late 2000s.The process of evolving a real estate portfolio, including upgrading properties and exploring new markets like short-term rentals, to increase robustness and profitability.The advantages of using a 1031 exchange in real estate to reinvest profits while deferring taxes.The importance of holding onto real estate for generational wealth, as well as long-term wealth preservation and growth strategies.How Rahul finds fulfillment in coaching others in real estate investing.The challenges of balancing personal relationships and business partnerships.And much more...

In today's episode of the Cashflow for Life podcast, Andrew is joined by Dan Clarton as he shares valuable lessons on the importance of having a backup plan and being proactive in life. Dan emphasizes the significance of starting a Plan B while Plan A is still operational, especially in the unpredictable world of corporate jobs. He recounts his journey from being a successful corporate employee with seemingly everything to realizing the instability of relying solely on a corporate career. Dan's personal experiences, particularly a life-changing battle with cancer and a subsequent job loss, underscore the fragility of job security and the need for self-reliance and foresight in financial planning. Transitioning into real estate, Dan and Andrew discuss the shift from wholesaling to building wealth through property ownership. They explore the specifics of real estate investment, from sourcing deals to understanding the market dynamics. Dan shares his personal strategies, such as direct mail campaigns and building relationships with homeowners, emphasizing the human aspect of real estate transactions. He reflects on his partnership with Joe Mueller, highlighting the synergy and growth that comes from combining different skills and resources. Dan also talks about personal growth and the importance of setting goals, using his experience of overcoming cancer and setting a challenge to ride 100 miles on a bike. The conversation shifts to personal development and the power of having a positive, goal-oriented mindset. Dan’s journey from physical and financial hardship to success in real estate and personal health is not just a story of wealth accumulation, but also one of resilience, adaptability, and the transformative power of setting and achieving goals.Listen now and enjoy!What You Will Learn In This Show:Why having a backup plan is crucial, especially when your primary source of income is stable. How to make a successful shift from a traditional 9-5 job to real estate investing.Strategies for moving from simple transactions like wholesaling to wealth accumulation through property ownership.How Dan’s partnership with Joe Mueller exemplifies the strength of combining different skills in real estate investing, leading to greater success.Dan's inspiring personal journey of overcoming cancer and setting ambitious goals, such as cycling 100 miles.Specific tactics like direct mail campaigns and the importance of building relationships with homeowners in real estate transactions.Why taking imperfect action is better than waiting for the perfect moment.The significance of diversifying your income sources for long-term financial security and freedom.And much more...

In today's episode of the Cashflow for Life podcast, Andrew sits down with Gina Diaz, an attorney specializing in real estate, discussing the intricate world of real estate law and investing.During the episode, Gina dives into the critical aspect of finding the right attorney for real estate dealings. She shares her journey of growing expertise by navigating challenging deals, working with top investors in Chicago, and continuously learning from complex transactions.Throughout the conversation, Gina's personal narrative unfolds, detailing her path from unexpected challenges, including a battle with ovarian cancer, to establishing a thriving real estate portfolio. She reflects on her journey from being a young mother facing societal pressures to her relentless pursuit of the American Dream through education and professional success.You will learn the nuances of successful real estate deals, the significance of due diligence, and the essential role of specialized legal guidance. Gina unveils the common pitfalls in real estate wholesaling, emphasizing the necessity for proper contracts and structured transactions to avoid potential pitfalls.With a wealth of experience in real estate investments, Gina offers valuable insights into maximizing profits, managing flips, and achieving sustainable cash flow. Her advice extends beyond legalities, touching upon practical strategies for successful property management and maximizing returns.Tune in to gain exclusive access to Gina's wealth of expertise, practical advice for real estate success, and her contagious enthusiasm for making a difference in the industry.What You Will Learn In This Show:The importance of finding the right attorney for real estate dealings.The evolution of expertise through hands-on experience in complex deals.Insightful strategies for successful real estate investments.Common pitfalls and essential legal considerations in real estate wholesaling.Practical advice for maximizing profits, managing flips, and achieving sustainable cash flow.Strategies for navigating challenges and building a thriving real estate portfolio.Practical insights into property management and maximizing returns.And much more...

In today's episode of the Cashflow for Life podcast, Andrew sits down with Farrah Ali, a remarkable individual whose journey from being a single mom burdened with $80,000 in debt to becoming a certified multimillionaire is nothing short of extraordinary.During the episode, Farrah talks about her unexpected entry into real estate in 2014, stemming from the financial strain of pursuing an MBA and discovering the minimal salary increase it brought. She shares her journey of debt and the circumstances that led her to explore real estate as a path to financial freedom.She also shares the pivotal role real estate played, constituting 90% of her research into wealth-building strategies. Farrah opens up about the challenges she faced, misconceptions she overcame, and her shift from struggling financially to taking control of her life's direction.She also talks about the critical elements that contributed to her success—the importance of logic in investment decisions, the role of work ethic ingrained from her upbringing, and the significance of faith and positivity in achieving financial independence.Farrah and Andrew discuss her initial steps in real estate, challenges she encountered, and the transition from traditional rentals to Airbnb, aiming for a monthly net cash flow of $100,000.They also dive into Farrah's insights, emphasizing the need for determination, commitment to doing the right thing, and avoiding distractions and entitlement in the pursuit of financial goals.Listen now and enjoy!What You Will Learn In This Show:Farrah's unexpected journey into real estate from significant debt.The role real estate played in her path to financial independence.Insights into the challenges and misconceptions she faced.The critical elements that contributed to her success.Transitioning to Airbnb and aiming for a significant monthly net cash flow.Farrah's invaluable insights on determination, commitment, and avoiding distractions in achieving financial goals.And much more...Books:Diaries of a Female Real Estate Investor: Learn How A Single Mom Went From 80k in Debt To a Multi Million Dollar Portfolio

In today's episode of the Cashflow for Life podcast, Andrew sits down with Mark John Pezzullo, a seasoned accountant deeply embedded in the world of real estate investing who offers a unique perspective on the intersection of finance and property investment.During the episode, John delves into his journey, highlighting pivotal moments that shaped his understanding of real estate investing. He shares anecdotes of navigating the market, particularly during the 2008 downturn, underscoring the importance of resilient investment strategies.He explores the fundamental principles driving his investment decisions, emphasizing cash flow, equity, and maintaining a healthy Debt Coverage Ratio (DCR) as key metrics. John contrasts this approach with the conventional mindset centered on property appreciation and tax benefits.With a staggering portfolio of 35 rentals in Illinois, John offers insights into his strategy, aiming for a consistent $500 net cash flow per property. He elucidates how he prioritizes sustainable cash flow over relying solely on tax advantages, showcasing a meticulous yet effective investment methodology.The conversation navigates through entity structures, dissecting the nuances between LLCs, S corps, and the practical implications for real estate investors. John simplifies complex structures, offering pragmatic advice tailored to varying investment scales.John also dissects the classifications of real estate investors—passive, active, and professionals—clarifying the tax implications and strategies best suited for each category. His expertise shines as he elucidates the significance of active involvement in the real estate business to optimize tax benefits.For these and much more, join Andrew and John as they unravel the intricate world of real estate investing, demystifying complex concepts and offering actionable insights for both novice and seasoned investors.What You Will Learn In This Show:The significance of cash flow-centric real estate investing.The differentiation between appreciation-focused investments and equity-driven strategies.Practical insights into structuring entities for real estate holdings.Strategies for navigating insurance and safeguarding investments.The intricacies of cost segregation and its tax advantages.Ways to initiate your real estate journey and evolving entity structures for long-term success.And much more...

In this episode of the Cashflow for Life podcast, Andrew talks with father-son duo Mark and Josh, exploring their journey in real estate investing. Mark shares his early struggles with real estate, including buying rentals at high retail prices that didn't yield profitable returns. He re-entered the field after educating himself through various resources, including Andrew Holmes' insights. Mark emphasizes the long-term value of real estate for wealth creation and improving his family's future.Josh, at 24, discusses his transition from studying math to finance and then to real estate. He highlights the simplicity and accessibility of real estate investment and the importance of cash flow. His first property investment at $63,000, with a rehab budget of around $33,800, appraised at $155,000, illustrating the potential for profit in real estate.Mark then discusses his business strategy as a leasing agent, efficiently managing property showings and leveraging email communications to minimize phone calls. His methodical approach involves grouping property showings to optimize time and create a sense of urgency among potential tenants. He also reveals the growth of his rental portfolio, now comprising 20 properties with 25 doors, generating significant monthly cash flow. He aims to further automate his leasing process using virtual assistants and AI, with Josh's assistance.Enjoy!What You Will Learn In This Show:Mark's initial real estate ventures and the pitfalls of buying rentals at high retail prices without profitable returns.Using real estate as a tool for long-term wealth creation and improving future prospects.Josh's shift from math and finance to real estate, and the accessibility and simplicity of the real estate industry.Mark’s unique approach as a leasing agent, involving efficient management of property showings and use of email communications to streamline the process.The dynamics of family collaboration in business and how it can lead to shared success and knowledge transfer.And much more...

In today's episode of the Cashflow for Life podcast, Andrew talks with George and Tina, a married couple who transitioned from individual business ventures to jointly owning and building a successful real estate business. Tina, formerly a paralegal, and George, initially a house flipper and later a home inspector, discuss their journey in real estate investment. They emphasize the importance of treating real estate as a business, sharing insights on property flipping, rental management, and the challenges they faced, like dealing with contractors and scaling their operations.The couple highlights the transition from flipping to rentals, explaining their focus on generating consistent cash flow rather than one-time profits from flips. George and Tina also talk about the importance of strategic property selection and management, aiming for properties with higher cash flow and avoiding complicated layouts.They also discuss the value of being part of a real estate community, sharing experiences and knowledge with like-minded individuals. They stress the importance of focusing on a specific aspect of real estate, mastering it before exploring other areas.Enjoy!What You Will Learn In This Show:George and Tina's shift from individual careers to a joint venture in real estate is a testament to the power of collaboration and shared vision in business.The importance of approaching real estate with a business mindset, focusing on aspects such as property flipping, rental management, and overcoming operational challenges.The couple's strategic shift from flipping houses to managing rentals, and the value of generating consistent cash flow over one-time flipping profits.The art of selecting the right properties, prioritizing higher cash flow and simplicity in property layouts to streamline management and increase profitability.Why concentrating on mastering a specific real estate niche before expanding into other areas ensures depth of knowledge and expertise.And much more...

In today's episode of the Cashflow for Life podcast, Andrew chats with Brie Schmidt, a real estate agent, mother of two and an investor known for her contributions to BiggerPockets, a real estate investing education resource. Brie shares her journey in real estate investment, starting with a house hack in Chicago in 2011 and expanding into the Milwaukee market in 2014. She discusses the impact of personal life events, including her father's death and her own divorce, on her investment strategy. Brie also talks about her shift towards optimizing her portfolio for efficiency, leading to selling off some properties while retaining others in Chicago.Andrew and Brie discuss her approach to investment, emphasizing lifestyle and freedom over scaling up for the sake of growth. She details her experiences with different property classes, noting the higher management demands of C-class properties compared to B and A-class. Her investment strategy includes a mix of personal properties and participation in syndication deals.They also touch on the Midwest Real Estate Networking Summit, which Brie co-organizes. The event focuses on education and networking, featuring various speakers discussing topics like syndication, raising capital, and local Airbnb policies. She highlights the importance of understanding economic trends and their impact on real estate, a lesson she learned from a personal session with an economist.Enjoy!What You Will Learn In This Show:How significant personal events, such as the loss of her father and a divorce, influenced Brie's approach to real estate investment.The significance of aligning investments with personal values and lifestyle goals, rather than pursuing growth for its own sake.The challenges and demands of C-class properties compared to B and A-class properties.The importance of continued education and networking in real estate.The importance of understanding broader economic trends and their influence on the real estate market.And much more...Resources:BiggerPocketsThe Midwest Real Estate Networking Summit