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• Establishing multiple investment streams of income
• Wealthy building with the uniqueness of Real Estate
  • Using equity and leverage from investment #1, to buy investment #2, but keeping the income stream from investment #1
  • Mortgage pay-down
  • Property value increase
  • Equals increased equity
  • Cash-out refinance

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• Visit https://nileerealty.com/engage

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• How the unsuccess story led to success
• A lesson on various avenues of investing
  • Wholesaling
  • Non-Performing Notes
    • How does Business Credit fit in? 
  • House Hacking
  • Buy and Hold
• What’s a “Yea-sayer”? 
• “It’s About to Happen”
• Her experience with partners
• Where did Nicole’s investing education come from? 
• Nicole’s investments
  • How did she find them? 
  • Where are they? 
    • Why did she look beyond her backyard? 
  • What does she have her eye on next, and how she can help you?

About Nicole (Dunlap) Pendergrass

Our guest today, is an investor who began her real estate investing career nearly ten years ago.  It was just after the last economic down turn, and here we are again somewhat in another.  She started by doing something so important, educating herself.  It wasn’t just education though, she did all the other right things, made partnerships, made sacrifices, she really dove in. 

Speaking of sacrifice, her first investment was a part of that, and though it was filled with many downs, which she will tell us about, as she called it an unsuccess story; There were some ups.  One UP, is though purchased years ago, it’s still paying off today, the cash flow—we’ve talked above cashflow on this show many times— pays for the home she lives in today. 

She has stuck with continuing to educate herself, surrounding herself with other like-minded individuals, and has recently closed on another investment.  I read some about it, and can’t wait to hear more.  Let’s welcome our guest for today, Nicole (Dunlap) Pendergrass. 

How to reach Nicole? 

• Noirvest Holdings – https://noirvestholdings.com

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• Visit https://nileerealty.com/engage

Show Outline

• What is Real Property? 
• Multiple Income Opportunities
• • The Real Estate business model
  • Cash Flow
  • Appreciation
  • Equity
• What fills the need of people? 
• You won’t believe these historical trends of Real Estate
• How do I get Tax Breaks with investing in Real Estate? 

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• Visit https://nileerealty.com/engage

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• Why would I invest in anything? What’s the reason? What is my why?
  • What is my personal why?
  • Wealth
    • What would I do with Wealth, or more Wealth?
  • Survival mode vs Financial Stability
• I save, isn’t that enough?
  • The short answer is no, but listen to learn why
• If saving isn’t enough, what’s better

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• When is the time to invest?
  • Was it yesterday? 
• When is the worst time to invest? 
  • Is it tomorrow? 
• How would you know the best time? 
  • Is someone going to tell you? 
  • TV?
  • Newspaper? 
  • Real Estate News – Do these things matter? 
    • Mortgages rates
    • Mortgage applications
    • Housing Sales
    • Median Sales Price
  • Return on investment, and more…

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• Visit https://nileerealty.com/engage

Show Outline

• Multi-level marketing didn’t work for Dave, but it shed light on how money works, and led him to a quite popular book. 
• • Rich Dad Poor Dad…by Robert Kyosaki
• Where did Dave get the money to get started? 
• Students Rentals explained
• How does the Husband & Wife duo work? 
• Clearing up the misconceptions of Real Estate
• Hiring for what you may not be good at
• Why did both become Agents? 
• How is Dave Finding Deals? 
• How has Covid-19 affected Dave’s business? 
• • What has he changed? 

About Dave Poeppelmeier

Our guest today, has been an investor in Real Estate since 2013.  He has specializes in Student Rentals near the University of Toledo, and describes himself as loving being a Real Estate investor.  He loved it so much, that in addition to investing, he has entered into the realm of a Real Estate agent, where he can now help spread his expertise in helping others locate, buy, and sell their real estate investments in the Toledo area that he serves. 

So, why Real Estate, how did he get started, what are Student Rentals, how did Dave and his family make the recent shift from he being a Physical Therapist, to now full-time in Real Estate, and how somehow being a Physical Therapist, helped?  I’m looking forward to hearing about this, and so much more in today’s show.  Welcome our guest today, Dave Poeppelmeier. 

How to reach Dave? 

• Email dave@laplanterealestate.com
• on BiggerPockets https://www.biggerpockets.com/users/Davepep

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• Visit https://nileerealty.com/engage

Show Outline

• Techniques – Direct to Owner Relationships
  • Lists
    • Paid List sources
    • County Records
      • Free, depending on county
    • Other criteria besides location and property type
      • Absentee
      • Delinquent taxes
  • Driving for Dollars
    • Observation of red flags
      • Overgrown landscaping
      • Boarded up or broken windows
      • Deferred Maintenance
      • Mailbox running over
      • Code enforcement stickers on door or window
• Format of mailers
  • Postcards
  • Letters
• Other secret tips found only by listening in to Podcast

Engage with me at https://nileerealty.com/engage

Show Outline

• Where are you looking?
  • State/Province
  • City/Town
  • Part of town, Neighborhood
• What type of property?
  • Multi-family
    • It scales
    • Efficiencies
      • Maintenance
      • Capital Expenditures
• Techniques
  • Agents, Brokers, Wholesalers
  • MLS (Multiple Listing Service)
  • Direct to Owner Relationships

Show Outline

• He turned what into Real Estate!?
• Property Management
  • What do Property Managers do? 
  • Tips on what makes a GOOD Property Manager, and how to choose one?
• Investing
  • What does Stewart invest in? 
    • How he purchased a 62 unit Apartment Building for $4,200.  Guess what the value is today. 
  • Is investing where you reside, better?
  • Is Active or Passive Real Estate Investing right for you? 
  • How can you invest with Stewart?

About Stewart Beal

Stewart W. Beal has been actively involved in real estate, construction, acquisition, development, and management since 1997.  Stewart purchased his first property at age 19, a 5-unit apartment house in Ypsilanti, MI.  Beal Properties has now purchased more than 100 properties in the past 17 years in Ypsilanti, Ann Arbor, Toledo, and downtown Detroit and currently manages over 3,000 apartment units, office spaces, and single family homes. Beal Properties currently employs more than 60 team members in Michigan and Ohio. 

Stewart is a founding member of Watermark Partners, a set of real estate funds that have raised and deployed more than $100M in equity, closed more than 150 real estate transactions, and acquired more than 6,000 apartments in the past 5 years.

Stewart has a degree in Business Management from Eastern Michigan University and has served on the board of both Ypsilanti’s Chamber of Commerce and Ypsilanti’s Downtown Development Authority. He is a licensed real estate Broker in the State of Michigan.

Under Stewart’s leadership, Beal Properties and Beal Incorporated have won a myriad of awards at local, state, and national levels. 

I have always recognized the Beal name for Beal Properties, performing Property Management in some of the same areas I invest in, but I see Stewart has some other real estate ventures I would like him to tell us about.  Let’s welcome, Stewart W. Beal to the show. 

How to reach Stewart? 

• Visit https://beal-capital.com

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• Visit https://nileerealty.com/engage

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• Where does the money come from? 
  • Retirement Accounts
    • 401k
    • 403b
    • Thrift Savings Plan
    • IRA
  • Rollover
    • Self-Directed IRA
    • Solo 401k
    • QRP

Show Outline

• Where does the money come from? 
• • Cold Hard Cash
  • Disciplined Savings
  • • Extra spare money
    • Bonuses
    • Tax Refunds
    • Less spending
    • •  Get a book free
    • Cutting Expenses
    • • Subscriptions
      • Loans
      • Credit Cards
      • Financial Freedom
  • Getting Creative
  • • Home Equity Line of Credit
    • Home Equity Loan
    • Personal loans

Show Outline

• How Damion purchased his first property on a Visa card?
• What do you need in a Mentor, and how not having the right professional can be detrimental?
• Retirement Plans – 401K’s, 403B’s, Thrift Savings
  • Are they all the same? 
• What is a Solo-K and a Self-Directed IRA? 
• Why might an eQRP® (enhanced qualified retirement plan) be better to grow your wealth for retirement? 
• The Cares Act brings a unique opportunity to perform rollovers
  • Listen closely to learn more. 
• Getting Started
  • PEEC – Purge, Environment, Experience, Contribution

About Damion Lupo

Ripping conventional wisdom apart for the Main Street investor looking for truth about money and investing, our guest today has been an investor for over 20 years.  When it comes to real estate, he purchased his first property with a VISA card.  That move snowballed into 150 rental houses in less than 5 years.  In 2008 he lost the entire business, only to bounce back and recreate his wealth in less than 5 years.  This best-Selling Author of a dozen books on personal finance, investment and retirement strategies, Damion is on a mission to free 1 million people from financial bondage.  He hosts the Financial Underdogs podcast, and has developed the ultimate investor retirement tool called the eQRP®.  His strategy gives individuals total control of their retirement money to invest in real assets like real estate, gold, crypto, or whatever you think meets your goals, which is most important of all. 

How to reach Damion? 

• Text eqrp to 72000
• Visit https://eqrp.co

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• Visit https://nileerealty.com/engage

Show Outline

• Gross Income
• Gross Expenses
• Expense Ratio
• Net Operating Income (NOI)
• 2% Rule
• Cap Rate
• Return on Investment (ROI)
  • Cash on Cash Return
• Bank metrics
  • Debt Service Coverage Ratio (DSCR)
  • Debt Yield

Show Outline

• How to use The Deal Analyzer? 
• What are the expenses associated with a Real Estate Asset? 
• Is this Real Estate asset a deal?
• • Cash flow of $34,000 in additional yearly income

Show Outline

• Continuing to Analyze a Multifamily Real Estate Asset
• Return on Investment (ROI)
• Cash Flow
• The Deal Analyzer
• Don’t forget about the Power of Leverage

Show Outline

• Why – Why Invest in Residential Property Assets
• What – What Type of Residential Property Assets
• Where – Where should the Property be located?
• Who – Who is going to reside in the Property?
• When – When should I invest?  

Engage with me at https://nileerealty.com/engage

Show Outline

• Why – Why Invest in Residential Property Assets
• What – What Type of Residential Property Assets
• Where – Where should the Property be located?
• Who – Who is going to reside in the Property?
• When – When should I invest?  

Show Outline

• Tax Benefits of investing in Buy and Hold Real Estate
  
  • When are you taxed?
  • Deductions of Expenses
  • Depreciation
  • 20% Pass-through Deduction
  • FICA?
  • Long-term Capital Gains
  • 1031 Exchange
  • Using Retirement Funds to invest in Real Estate

Engage with me at https://nileerealty.com/engage

Show Outline