OPM Mastery

The United States has a very unique real estate market. People in the US might not realize it, but this is one of the best places to invest in real estate in the world. The US has great financing for real estate, great rent to value ratios, and affordable properties in most of the country. Reed Goosens is from Australia and always had an interest in real estate investing, but investing in Australia is extremely difficult. The minimum prices in Australia are over $300,000 for a property and it is almost impossible to cash flow. The banks are requiring as much as 40 percent down for the investors as well. Reed knew he wanted to buy rentals, but also knew he needed a different part of the world to invest in. As a structural engineer he had a job that allowed him to travel the world. On this episode of the InvestFourMore Real Estate Podcast we talk about how Reed started investing in US real estate as an Australian citizen and how he has moved on to syndicating large apartment deals.

On this episode of The InvestFourMore Real Estate Podcast, I talk with Dennys Passeto. Dennys has a full-time job in the internet marketing field, but has still flipped one house and bought two other rentals in 2016. Dennys has always had a love for real estate, but focused on his corporate career until just recently. Dennys is also in one of my coaching programs and it has been really fun for me to see him progress with his investing. It seems like every time I talk to him, he has another house under contract!

The Zillow Group has become a massive website with over 130,000 million consumers visiting a month. Zillow has become the most popular real estate website in the world, and many people wonder how Zillow will affect the real estate industry. I have spoken with many agents who think Zillow is trying to replace real estate agents. Others feel Zillow will start their own real estate brokerage in an effort to monopolize the industry. Today on the Invest Four More Real Estate Podcast, I discuss these issues and much more with Jay Thompson, who is the Director of industry outreach at the Zillow Group. Jay has an extensive real estate background and even owned his own real estate brokerage at one point.

I have had up to 20 flips going at once this year, which can be a lot to handle. I have a great team who helps me, and I have systems to get them repaired and sold. Before my team can do anything with the properties, we have to find properties to buy! In the past, I bought most of my flips from the foreclosure sale then had to change strategies and buy from the MLS. In the last year, I have bought many flips from wholesalers, and I am adding additional ways to buy. I have had good luck buying flips from the MLS and wholesalers, but I have not been buying as many houses as I thought I would. Last week, I bought my first flip since the middle of May. I have a goal to buy three flips every month, so that was a pretty long spell without buying any houses. I now have three more houses under contract and am getting back on track. On this episode of the InvestFourMore Real Estate Podcast, I talk all about how I find deals in today's real estate market.

On this episode of the InvestFourMore Real Estate Podcast, I interview Rick Allen and TJ Osterman who created Paperstac. Paperstac is a company that helps investors find, buy, and sell performing and non-performing notes on real estate. Rick and TJ both have extensive experience investing in real estate themselves. They have bought and sold over 400 homes before they got into the note business. I talk to both Rick and TJ to learn how they got into real estate, what they love about the real estate note business, and how others can get into it as well.