bestrealestatepodcast

Ask These Questions to Know if Your Behavior is Serving You

Dan Rochon of No Broke Months for Real Estate Agents shared some important questions to ask yourself to determine whether or not your behavior is helping or hurting your business.

Learn how to determine whether your behavior is serving you in this new episode of No Broke Months for Real Estate Agents.

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In this episode, I discussed the following:

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To find out more about Dan Rochon and the CPI Community, you can check this link:
www.NoBrokeMonths.com 

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Stop 🛑 wasting your time ⏳ or spending too much money 💸not getting the results you want in sales, I would love you to join me for the upcoming 5-Day Listing Challenge

You will learn how to find YOUR Way to having closings every month.

www.5daylistingchallenge.com

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Get your free copy of the Real Estate Evolution here:
bit.ly/RealEstateEvolution_GetYourBook

This book shows you the step by step of how to:

• Step 1: Believe in your unknown potential
• Step 2: Deconstruct persuasion techniques
• Step 3: Find business and get hired consistently
• Step 4: Be proactive in the relationship with your clients.
• Step 5: Learn and implement the exact steps to hire, train, lead, and train virtual assistants so that they can build, support, and guide a winning team to scale.

And if you’d like to have a consistent and predictable income, like this page, and don’t forget to join the Facebook group to network with the top agents:

https://www.facebook.com/groups/thecpicommunity/

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To find out more about Dan Rochon and the CPI Community, you can check this link:
www.NoBrokeMonths.com 

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Do you want to win a FREE 45-minute complimentary coaching session with Dan Rochon and a FREE copy of the book "Real Estate Evolution," a comprehensive 10-step guide to achieving Consistent and Predictable Income?
❗❗JOIN THE NO BROKE MONTHS FOR REAL ESTATE AGENTS MONTHLY RAFFLE HERE ❗❗

--

Stop 🛑 wasting your time ⏳ or spending too much money 💸not getting the results you want in sales; I would love you to join me for the upcoming 5-Day Listing Challenge.

You will learn how to find YOUR Way to having closings every month.

www.5daylistingchallenge.com

--

Get your free copy of the Real Estate Evolution here:
bit.ly/RealEstateEvolution_GetYourBook

This book shows you the step by step on how to:

• Step 1: Believe in your unknown potential
• Step 2: Deconstruct persuasion techniques
• Step 3: Find a business and get hired consistently
• Step 4: Be proactive in the relationship with your clients.
• Step 5: Learn and implement the exact steps to hire, train, lead, and train virtual assistants so that they can build, support, and guide a winning team to scale.

And if you’d like to have a consistent and predictable income, like this page, and don’t forget to join the Facebook group to network with the top agents:

https://www.facebook.com/groups/newbieagents/

Today I am interviewing Steve Cook who is the Founder of Lifeonaire, a coaching practice that helps people alter their focus from money and possessions towards abundance, life experiences and purpose. Steve is also a successful real estate investor, keynote speaker, author, and trainer. Lifeonaire focuses on working with investors, entrepreneurs and business owners although anyone can benefit from the Lifeonaire message. There is also The Lifeonaire  Show that is hosted by Lifeonaire's CEO Jason Wojo. The podcast spotlights topics that range from mindset and prosperity to business and goal setting. Steve has been a guest on multiple podcasts and has been recognized all over the country for his rags to riches story. 

Steve Cook: Was called by a higher power to start the Lifeonaire practice that has now reached tens of thousands of people, but it didn't start that way for Steve. He was a college dropout and the owner of two failed restaurants before making the switch to becoming a real estate mogul. Now Steve continues to help thousands of people find their purpose by realizing what they really want their lives to look like and how their businesses and investing can flow around that. 

TOPICS COVERED IN THE EPISODE:

• Why do people start a business 
• What happens to your life after your business gets off the ground 
• Steves book Lifeonaire
•  How do you shift the goal or your business 
• Do people really want a better life 
• Why money is a tool 
• How do you design your business to serve your life
• The importance of changing mindsets and habits 
• What keeps people trapped 
• Ways to shift your mindset 
• The distortion of the American dream 
• How can you develop a new life vision 
• Are you doing the right type of investing for you who are as a person 
• What is the purpose of your business 
• Entrepreneurship is a gift 
• Experiences vs wants 

Listen now on Spotify or Apple iTunes or watch on Youtube to find out how Steve found his Real Estate Breakthrough!

The Real Estate Breakthrough Show with Christina Suter is where we talk about the reality of real estate, the mindset you need and the tips and tricks to get you moving forward in investing. Join us every week and learn everything you need to know to invest in real estate education and create real wealth for a lifetime.

Find out more about Steve here: 

Website Lifeonaire.com

App Free Lifeonaire app

Book Lifeonaire 

"One of the things I did good was build relationships and a relationship that was adding value. It was never about what I can get, it was always about how can I help?" -Jen Maldonado

Today I am interviewing Jen Maldonado who I have known since 2012. She is a professional Capital Raiser, Investor, Entrepreneur, High Performance Coach and is one of the Executive Leaders and Speakers for WREN Inspires. As a mentor and coach, Jen has inspired and helped jumpstart womens investing careers all over the country. She was interviewed by the Huffington Post in 2015 for her inspiration, consulting practice and how she has helped people strive and create wealth using real estate. In 2019 she co authored the book "You Got This!," in collaboration with other women investors taking charge in the real estate field. She is a speaker and can be found on many podcasts and interviews as well as hosting events at real estate clubs and teaching workshops. 

Jen Maldonado: Was an engineer at Nestle before she made the decision to become an entrepreneur. She wanted to decide who and what she spent her time on and went into real estate dabbling at the many options it had to offer. After a deal gone wrong, Jen found herself in a position where she thought she would need to return to work. At a meeting the day before an interview, she met someone that told her about capital raising. The next day she made a few phone calls and had closed on a deal, granting her the strength to turn down a job and continue her journey in real estate. 

TOPICS COVERED IN THE EPISODE:

• What was Jens reasoning for wanting to get into real estate 
• What is WREN Inspires 
• How was it transitioning from corporate to entrepreneur 
• Rich Dad Poor Dad, the purple bible 
• The importance of freedom of time 
• Ways to find a different path 
• When and how was Jen introduced to capital raising 
• What does a Capital Raiser do
• How to avoid the shiny objects in real estate and focus on one thing 
• How losing a deal propelled Jen onto her own path 
• What happens when you dont structure a deal properly 
• Using other people's money 
• How quickly do you learn what not to do 
• The development of strong relationships 
• Using risk assessment 
• Why Jen only does deals that create impact
• How to avoid putting people in the wrong investments 

Listen now on Spotify or Apple iTunes or watch on Youtube to find out how Jen found her Real Estate Breakthrough!

The Real Estate Breakthrough Show with Christina Suter is where we talk about the reality of real estate, the mindset you need and the tips and tricks to get you moving forward in investing. Join us every week and learn everything you need to know to invest in real estate education and create real wealth for a lifetime.

Find out more about Jen here: 

Website JenMaldonado.com

Instagram @investwithJenMaldonado 

"In this business everything is going to go wrong and that's the time when you need to put your head down and get to work." -Donato Settanni

Today I am interviewing Donato Settanni who is the Co Founder of DXE Properties which focuses on value add real estate investments. There, Donato is responsible for oversight construction, asset management and design. He has ten years of institutional experience as a Senior Project Manager and Lead Project Manager for Oxford Properties in New York City. He oversaw a twenty billion dollar project for Oxford Hudson Yards, a massive project on the far west side of Manhattan. Donato has managed the closings of 1.5 billion dollars in real estate and has worked on some high profile projects like Madison Square Garden and the new Yankee Stadium. 

Donato Settanni: Was inspired to get into real estate in his youth and eventually got his BA in Engineering from the University of Delaware and his Masters in Real Estate Development from New York University. 

TOPICS COVERED IN THE EPISODE:

• How did Donato transition from working in real estate to owning his own company 
• What does DXE Properties do 
• What consist of value add projects 
• Long term ownership 
• Getting back to the roots 
• Why we reposition properties 
• What happens when there is a culture change 
• What exit plans are set in place 
• What sets you apart 
• Why Instagramable marketing photos are key 
• How to commit to finding solutions 
• What are the rewards of real estate 
• What are the flaws of designing 
• How to work with contractors 
• What inspired Donato to get into real estate 
• Garden style value adds
• Resetting the life of the asset 
• Finding class C properties in A or B neighborhoods 

Listen now on Spotify or Apple iTunes or watch on Youtube to find out how Donato found his Real Estate Breakthrough!

The Real Estate Breakthrough Show with Christina Suter is where we talk about the reality of real estate, the mindset you need and the tips and tricks to get you moving forward in investing. Join us every week and learn everything you need to know to invest in real estate education and create real wealth for a lifetime.

Find out more about Donato here: 

Website DXEProperites.com

#126: Monick Halm: The Power of Women in Real Estate

"You have to take care of yourself. It's only through taking care of yourself that you can really take care of others." -Monick Halm 

Today I have the pleasure of speaking with Monick Halm who is the Founder of Real Estate Investor Goddesses where her mission is to help 1 million women reach financial freedom through real estate investing.  She is a syndicator, developer and investor having worked in mobile home parks, multi-family, RV parks, vacation home rentals and flipping. She is a best selling author of two books, The Real Estate Investor Goddess Handbook and Wealth for Women: Conversations with the Team That Creates the Dream The Top Female Professionals Who Can Help You Get Wealthy in Real Estate. Monick is the host of the Real Estate Investor Goddess podcast and is also a contributing writer for the Huffington Post. 

Monick Halm: Is a former attorney who after a brief break from her work, decided that being an attorney was not bringing her joy and fulfimment. She started digging into real estate and accidentally started house hacking with a friend. From there she went to seminars, workshops and conferences to further her education and learn what it means to be an investor. Fast forward to today, she is a wife, mother, real estate coach and mentor, writer, and certified interior designer. She currently holds 1,300 doors in ten states and is on a mission to help women find abundance and joy through real estate investing. 

TOPICS COVERED IN THE EPISODE:

• Why did Monick leave her job as an attorney 
• How did Moncik begin her real estate career 
• The importance of working for yourself 
• The importance of creating solid foundations 
• What is the American dream
• The Los Angeles market in 2005 
• How she went from 2 doors to 1,000 in a year
• Why Monick wants to help women 
• How the power of the feminine contributes to real estate investing 
• Why it's important to share with others 
• What is scarcity mentally and how does it affect your ability to live to your fullest potential 
• The importance of self care
• Why women make great investors 
• How to deal with fear

Listen now on Spotify or Apple iTunes or watch on Youtube to find out how Monick found her Real Estate Breakthrough!

The Real Estate Breakthrough Show with Christina Suter is where we talk about the reality of real estate, the mindset you need and the tips and tricks to get you moving forward in investing. Join us every week and learn everything you need to know to invest in real estate education and create real wealth for a lifetime.

Find out more about Monick here: 

Website RealEstateInvestorGoddesses.com

"Anybody that has an impact on your asset, how you deal with them, can absolutely make or break the deal." -Tyler Sheff

Today I am interviewing Tyler Sheff. He is a licensed Realtor in Key West, Florida at Future Home Realty. He has over twenty years of real estate experience as a Flipper, apartment building owner, a property manager, realtor and an owner of mortgage debt instruments.  He is also the creator of Cash Flow Guys, an educational platform that teaches investors the ins and outs of real estate without the get rich quick motto. He is an investor, educator and runs the popular podcast show "Cash Flow Guys, Learn to Earn."

Tyler Sheff: Was introduced to real estate at a young age by watching his mother who was a broker, conduct real estate transactions in the seventies and eighties. He went to the Army and became a military police officer. After his tour was over he returned to the states and became a car salesman, but hated it and went into the service industry of car sales. After realizing it wasn't for him, Tyler teamed up with his mother and began his real estate journey as a flipper. Now he is a sought after real estate problem solver, educator and mentor. 

TOPICS COVERED IN THE EPISODE:

• How did Tyler become interested in real estate
• What investing was like in the eighties 
• How Tyler began investing with his mother 
• Why he began house flipping 
• Why don't some people loan to Flippers
• Why flipping works until it doesn't 
• When a partnership goes wrong 
• Why you should never hire unlicensed contractors
• Always do the right thing 
• The importance of education and network 
• Bruce Norris 
• Never stop asking questions 
• How to navigate the Key West, FL market
• Find the problem and fix it 
• The Airbnb market and serving a different type of tenant 
• Key West regulations on short term rentals 
• Is the industry moving away from preferred returns
• Syndications vs funds 
• How culture changes create value 
• Facts over faith 
• Why you need to immerse yourself in the culture of a market 
• The goal should be to duplicate what you net, that is financial freedom
• What is a professional real estate investor 

Listen now on Spotify or Apple iTunes or watch on Youtube to find out how Tyler found his Real Estate Breakthrough!

The Real Estate Breakthrough Show with Christina Suter is where we talk about the reality of real estate, the mindset you need and the tips and tricks to get you moving forward in investing. Join us every week and learn everything you need to know to invest in real estate education and create real wealth for a lifetime.

Find out more about Tyler here: 

Website CashFlowGuys.com

Phone 305-222-7081

"People don't realize the power of having access to women like us. That's the big difference in business because then you don't make a lot of the wrong moves with the wrong people." Desiree Doubrox

Today I am interviewing Desiree Doubrox who is the CEO of Hom Work, which began as a simple womens brunch held at her home to discuss topics that focused on business, life goals and more. This launched into what is now a global network of 53,000 members around the world, known as Empowered Women. She produces and publishes a monthly digital magazine Let's Talk and in 2011 launched a non profit called Foundation of Empowered Women. 

Desiree Doubrox: Began her real estate journey in 1989 as a Broker and Investor. Around that time she developed a seminar series called "From Babies & Bills to Riches in Real Estate," which catapulted her to develop Empowered Women in 2006 in response to the downturn. Now Hom Work, a live where you work company, focuses on providing women with safe and accessible short term work from home spaces around the world. She is a mother, entrepreneur, publisher, producer, TV host and so much more. 

TOPICS COVERED IN THE EPISODE:

• Why did Desiree begin Empowered Women 
• What was the real estate market like during the 2006 downturn 
• How Empowered Women helps women build their lives and businesses 
• The importance of building a portfolio collectively 
• How to live where you work 
• Acquiring luxury homes for Home Work 
• Creating lease options 
• How to use real estate to create community 
• What is Hom Work and how does it work 
• Building live in work spaces and the benefits it provides for women in transition 
• Business in a box program 
• What are the benefits from working from home 
• Why is real estate a great investment vehicle 

Listen now on Spotify or Apple iTunes or watch on Youtube to find out how Desiree found her Real Estate Breakthrough!

The Real Estate Breakthrough Show with Christina Suter is where we talk about the reality of real estate, the mindset you need and the tips and tricks to get you moving forward in investing. Join us every week and learn everything you need to know to invest in real estate education and create real wealth for a lifetime.

Find out more about Desiree here: 

Website HomWork.com

Email Desiree@homwork.com

Phone 818-292-5559

"Success is not the amount of money you have or your net worth, success is the journey and the person you become." Nizan Mosery

Today I am interviewing Nizan Mosery who is the Founder of Cornerstone Investment Partners. He is an investor owning properties all over the US and internationally as well as the owner of K.E.A.N Management Solutions, a professional management company. He is the Founder of the South Florida Mastermind Society, a commercial real estate group which was one of the first in the area. He is an educator, mentor, coach and Reiki Master and host and creator of the live show and podcast, Traveling Investor. 

Nizan Mosery: Is first generation born in New York city. His parents, who were from Israel, raised Nizan and his siblings by the motto collect rent don't pay rent. Growing up in NY, Nizan worked in various markets trying to find his way. After his fathers passing, he traveled around the world taking the time he needed to reconnect to his soul and find his purpose, which he eventually did. He moved back to the states in 2009 with his family to Boca Raton, FL where he now resides and runs his companies. 

TOPICS COVERED IN THE EPISODE:

• What is Cornerstone Investment Partners and what do they do 
• How did Nizan get involved in real estate investing 
• How did Nizan use his experience in construction in investing 
• Why Nizan start investing in multifamily 
• How to do for self
• Nizans travels to self discovery 
• The importance of finding your purpose 
• Why money is not everything 
• Why Nizan moved back to the states during the 2008/09 crash 
• When did the flipping industry turn 
• Learning how to investing in multifamily properties 
• Know your market and know your numbers 
• How do you find yourself in real estate 
• How to look at the journey instead of the end goal 
• Using the law of the universe 
• The importance of making your investors whole 
• Go after your dreams 
• How to build a business that revolves around your lifestyle 

Listen now on Spotify or Apple iTunes or watch on Youtube to find out how Nizan found his Real Estate Breakthrough!

The Real Estate Breakthrough Show with Christina Suter is where we talk about the reality of real estate, the mindset you need and the tips and tricks to get you moving forward in investing. Join us every week and learn everything you need to know to invest in real estate education and create real wealth for a lifetime.

Find out more about Nizan here: 

Website www.InvestWithCIP.com

Phone 561-212-7247

Email nizan@investwithcip.com

Social @travelinginvestor 

"The cheaper the home, the more you're going to get rent for the value of that home." -Mike Anderson

Today I am interviewing Mike Anderson. He is the Founder and Owner of Reliance Mortgage Company based in Dallas, Texas. Reliance Mortgage Company specializes in mortgage loans ranging from jumbo loans to USDA loans. They have to date closed on over 8 million dollars under Mike's guidance and direction. He hosts his own broadcast called Reliance Real Estate Mortgage Hour which airs on CBS Radio weekly. 

Mike Anderson: Is a Residential Mortgage Loan Originator starting his company back in 1989. From 1971-1981, Mike received  Century 21's Top Listing Sales Person in a three-state region as well as the 1995 Prestigious Entrepreneur of the Year by INC. Magazine. He is also as of recently an educator for the Texas Real Estate Commission helping realtors continue their education. 

TOPICS COVERED IN THE EPISODE:

• When did Mike start working in loans 
• What is a jumbo loan
• The rules of lending in real estate 
• Why Mike no longer invest in single family homes 
• The importance of calling people directly 
• FHA loans in the 60s
• Consistency in following up 
• Is there a housing shortage in the US 
• What is happening in Dallas, Texas
• How do wholesalers buy houses 
• Are properties overvalued 
• What are investor properties 
• What percentage should an investor put down on a property 
• Do credit scores affect interest rates 
• Passive investor and a 15 yer note 
• Investing for appreciation 
• W2 investors vs non W2 investors 
• Using a hard money loan 
• The rules of house hacking 
• Why you need to have thick skin in real estate investing

Listen now on Spotify or Apple iTunes or watch on Youtube to find out how Mike found his Real Estate Breakthrough!

The Real Estate Breakthrough Show with Christina Suter is where we talk about the reality of real estate, the mindset you need and the tips and tricks to get you moving forward in investing. Join us every week and learn everything you need to know to invest in real estate education and create real wealth for a lifetime.

Find out more about Mike here: 

Website RelianceMortgage.com

Phone 214-346-5201

"It's not a stock and you're not selling options, so be patient." -Katheleen Kramer

Today I am extremely excited to be  interviewing Kathleen Kramer who is a licensed Broker and Mortgage Originator. She owned and operated a branch of American Residential Funding Inc. in the early 2000's. She has closed on over 2,500 transactions worth over a billion in volume.  From 2002-2006 Kathleen ran a real estate meeting in Huntington Beach, CA.  Now she and her husband Michael focus on non performing notes. I was first introduced to Kathleen a few years ago from the Norris Group. She is a speaker and educator and will be releasing a course on notes in 2022. 

Kathleen Kramer: Learned what homeownership was growing up in CA from her parents who migrated to the United States from Hungary. Her education from her parents was not in investing itself, but in the value of home ownership. After college she started working at a mortgage company which was her first real introduction into the value of real estate investing. Fast forward to now, Kathleen and her husband invest in real estate backed investments like land development, multi family, single family, reg D syndications, and non performing notes. Kathleen received her degree in Business Economics from the University of California Santa Barbra. 

TOPICS COVERED IN THE EPISODE:

• How did Kathleen become interested in real estate investing 
• Investing in non performing notes 
• What are real estate backed investments
• The value of home ownership 
• How Kathleen and her husband Michael invested in their first property 
• What is a 5/1 adjustable loan 
• Let your portfolio mature
• Should you buy and hold 
• Why she invest in distressed notes 
• Financial freedom is objective 
• Why you should learn as much as you can from you CPA
• How working in mortgage prepared Kathleen for real estate investing 
• It's about having assets under management 
• The importance of being a lifelong learner 
• Kathleen's 2022 course on note investing 
• Information is timeless 
• When is the right time to be a lender 
• Doing your due diligence on 1031 exchanges 
• The money is in your mind 
• Learn the tax codes
• What are contingent liabilities 
• Delayed gratification 

Listen now on Spotify or Apple iTunes or watch on Youtube to find out how Kathleen found her Real Estate Breakthrough!

The Real Estate Breakthrough Show with Christina Suter is where we talk about the reality of real estate, the mindset you need and the tips and tricks to get you moving forward in investing. Join us every week and learn everything you need to know to invest in real estate education and create real wealth for a lifetime.

Find out more about Kathleen here: 

LinkedIn Kathleen M. Kramer

"If you are going to be successful in real estate investing, you should treat it like a business and not a hobby." -Kevin Amolsch

Today I am interviewing Kevin Amolsch who is the President of Pine Financial Group which he founded in 2008. Pine Financial Group is a hard money lending company that provides many different products for their borrowers and investors in the Colorado and Minnesota area. Kevin has spent 14 years as a real estate investor and 10 years in real estate lending. He is a speaker and Author of the book 45 Day Investor. 

Kevin Amolsch: Started his career in real estate after working as a Senior Loan Officer at a small mortgage company. After serving 4 years in the army, Kevin went to college and got a degree in finance. Since then he has worked on wall street as a Mortgage Bond Analyst, worked as a Senior Loan Officer, opened his own real estate investment company which is thriving today, founded Pine Financial Group and has completed over 2,000 real estate transactions either as a buyer, seller or private money lender. 

TOPICS COVERED IN THE EPISODE:

• How did Kevin get started in real estate
• What is Pine Financial Group
• How did Kevin get started in real estate with no money 
• Creative investing strategies
• Working with a mentor 
• Using private individuals to finance a transaction 
• The difference between running a business and real estate 
• How to build skills and systems 
• The importance of protecting your investors 
• Why Pine Financial Group  has a mortgage fund and how did it start 
• What are default rates 
• What is an opinion of value 
• What types of lenders should you work with 
• What are the various types of loans 
• Including culture into your business 
• Checking vacancy rates as a rule of thumb 

Listen now on Spotify or Apple iTunes or watch on Youtube to find out how Kevin found his Real Estate Breakthrough!

The Real Estate Breakthrough Show with Christina Suter is where we talk about the reality of real estate, the mindset you need and the tips and tricks to get you moving forward in investing. Join us every week and learn everything you need to know to invest in real estate education and create real wealth for a lifetime.

Find out more about Kevin here: 

Website PineFinancialGroup.com

Email Kevin@pinefinancialgroup.com

"You don't build your team around skills, you build your team around values." -Kim Wendland

Today I am interviewing Kim Wendland who is a Managing Partner at Quattro Capital, a boutique company that focuses on multi-family real estate investing. She has been working and investing in real estate for 10 years and met the other partners of Quattro Capital at a real estate conference. Kims background is in technology where she held leadership positions in major corporations like Northrop Grumman and IBM. Now, her focus is helping people in real estate to establish generational wealth, passive income, and a good life now. Quattro Capital currently holds 50 million in assets and will be holding 100 million in assets by the end of the year. 

Kim Wendland: is based in Austin, Texas. She has her BA in Business and Computer Science from Angelo State University. After much enjoyment in her career in technology, in 2017 Kim transitioned into real estate realizing that it was a major key to financial freedom. She is the second of three generations of investors that includes her mother and her nephew. 

TOPICS COVERED IN THE EPISODE:

• What is Quattro Capital 
• Your real estate business is more than a business 
• How did Quattro Capitol begin 
• The power of your team 
• How to focus on value and not the dollar
• Network and education are the formula for success in real estate 
• Including personal ownership and accountability 
• What is the difference between a joint venture and a syndication 
• Why you should be diversifying your portfolio as an investor 
• What markets are you in and how do they function 
• What is the difference between an emerging market and a mature market 
• Where do wise investors play 
• Why you should count on the data for information 
• Being on purpose 
• What are the four pillars of Quattro Capital 
• How can real estate help other areas of your life 
• Why alignment matters when working with a team 

Listen now on Spotify or Apple iTunes or watch on Youtube to find out how Kim found her Real Estate Breakthrough!

The Real Estate Breakthrough Show with Christina Suter is where we talk about the reality of real estate, the mindset you need and the tips and tricks to get you moving forward in investing. Join us every week and learn everything you need to know to invest in real estate education and create real wealth for a lifetime.

Find out more about Kim here: 

Website TheQuattroWay.com

Phone 512-659-8924

"The rule of thumb is that you want to make two hundred dollars a door. If you're going to make less, your property will potentially be too sensitive to the basic maintenance and daily ongoing expenses." -Christina Suter

Today I am sharing with you how cash flow differs in a primary market like Los Angeles versus a tertiary market like Indianapolis . As someone who has and continues to invest in multiple markets, I've found that in tertiary markets things can be a lot more sensitive when it comes to the basics like repairs and maintenance. The rule of thumb for this formula is the one percenter and it means that  your gross monthly rent should be 1% of your mortgage. The cash flow from each market using this formula changes drastically because maintenance and repairs for each market will generally cost the same, however my cash flow for Indianapolis will take me a lot longer to accumulate for those repairs in comparison to Los Angeles. 

Topics Covered in this episode:

• What is the one percent rule and how do you use the formula 
• What is a primary market
• What is a tertiary market 
• What is positive cash flow 
• Should you hold your property for appreciation 
• Why tertiary markets are more sensitive

Listen now and find out why Christina thinks education is the key to financial leadership on Spotify, iTunes and Youtube. 

The Real Estate Breakthrough Show with Christina Suter is where we talk about the reality of real estate, the mindset you need and the tips and tricks to get you moving forward in investing. Join us every week and learn everything you need to know to invest in real estate education and create real wealth for a lifetime.

Find our more about Christina here: 

Website ChristinaSuter.com

Facebook Christina 

LinkedIn Christina Suter

Instagram RealChristinaSuter

Twitter RealChristinaS

"There's two types of contractors, those that want to get the job and those that want to do the job." -Monica D. Higgins 

Today I am interviewing Remodeling Expert Monica D. Higgins. She is the Co Founder and Project Manager of Garagify, a company that specializes in helping people build ADU's including complete build to remodeling. Garagify oversees a project from start to finish where Monica and her team provide consulting, plans, and designs all the way through to obtaining permits. She has been featured on outlets like This Old House, HGTV, eHow and Entrepreneur. She is also a best selling author of Remodel Success: Home Remodeling Done Right, On Time and On Budget. 

Monica D. Higgins: Was involved in real estate most of her life. Her parents both renovated and managed distress properties for a living. Her passion for managing construction projects stems from an incident that she witnessed her mother go through dealing with a contractor. 20 years later, Monica has made helping people a priority by providing outstanding service from the beginning of a remodel or build to the end. 

TOPICS COVERED IN THE EPISODE:

• How did Monica start Garagify and what motivated it 
• What are some of the most common issues people experience with working with contractors 
• Why Monica felt the need to bring the commercial approach to residential 
• What are backyard homes 
• What law changed in 2017 that made ADU's acceptable 
• How do you vett your contractors 
• Why you should follow your intuition 
• What communication style are you comfortable with when working on a construction project 
• Are contractors underpaying themselves 
• How do you manage timelines 
• What is the critical path method 
• What is a rough contractor vs a finished contractor 
• What are the legal liabilities for an ADU
• Why you need to know the law regarding your build 
• Using phantom space 
• Why Monica and her team use 3D rendering 
• Using ADU's to generate passive income
• Why Monica's financial freedom is to work because she wants to and not because she has to

Listen now on Spotify or Apple iTunes or watch on Youtube to find out how Monica found her Real Estate Breakthrough!

The Real Estate Breakthrough Show with Christina Suter is where we talk about the reality of real estate, the mindset you need and the tips and tricks to get you moving forward in investing. Join us every week and learn everything you need to know to invest in real estate education and create real wealth for a lifetime.

Find out more about Monica here: 

Website GaragifyNow.com

Phone 800-944-4024

"Im my opinion as someone whose purchased buildings, deferred maintenance buildings will cost me at least 50% of my expenses on a yearly basis because i'm making cap x improvements as I go along." -Christina Suter

Today I am sharing with you a rule of thumb I learned during the beginning of my investing career which was a formula that would help me calculate the net income for multiple multi units quickly. I learned this concept from Marty Stone's Book, The Unofficial Guide to Real Estate Investing, however other platforms like Bigger Pockets, Rich Dad, Fortune Builders and Michael Blank also have formats for how to do this. The net income should be calculated based on these categories, new building, new building +, existing buildings, and deferred maintenance. 

Topics Covered in this episode:

• How do you calculate the net income of multiple multi units 
• Unofficial Guide to Real Estate Investing by Marty Stone
• What is a multi unit
• How do you divide your net income
• What are cap x expenses 
• What should you consider 
• What happens with unanticipated expenses 
• Should you fix or keep a deferred maintenance property as is 
• Why you should pre plan your expenses 

Listen now and find out why Christina thinks education is the key to financial leadership on Spotify, iTunes and Youtube. 

The Real Estate Breakthrough Show with Christina Suter is where we talk about the reality of real estate, the mindset you need and the tips and tricks to get you moving forward in investing. Join us every week and learn everything you need to know to invest in real estate education and create real wealth for a lifetime.

Find our more about Christina here: 

Website ChristinaSuter.com

Facebook Christina 

LinkedIn Christina Suter

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Twitter RealChristinaS

Here we have another installment of guest tips and tricks from the Real Estate Breakthrough Show. Two weeks ago we released the first version of expert tips that include snippets from Bruce Norris, David Tilney, Brent Kesler, Kaaren Hall, Deborah Razo, David Coe and many more. This week we have snippets from Wes Hill, Reed Goosens, Hunter Thompson, Anthony Walker, Bill Tan and more. I am once again encouraging you to listen to these two shows because they have been compiled to showcase what these experts feel, think and practice on a daily basis within their investments and personal lives. Whether you're a new investor or have been doing it for a long time, there is always room for growth and education. 

Listen now on Spotify or Apple iTunes or watch on Youtube to find out how these guests found their Real Estate Breakthrough!

The Real Estate Breakthrough Show with Christina Suter is where we talk about the reality of real estate, the mindset you need and the tips and tricks to get you moving forward in investing. Join us every week and learn everything you need to know to invest in real estate education and create real wealth for a lifetime.

Find our more about Christina here: 

Website ChristinaSuter.com

Facebook Christina 

LinkedIn Christina Suter

Instagram RealChristinaSuter

Twitter RealChristinaS

"You can take a 30 year fixed and make it perform as if it's a 15 year. Why would you do that, because it gives you options in case your plans change." -Christina Suter 

Today I am sharing with you the different types of loans available when looking to purchase a single family property. First, be mindful that what will work for one person may or may not work for the other, so due diligence is priority when it comes to choosing the right loan for you. The most commonly known mortgage loans are a 30 year fixed, a 15 year fixed and variable loans. I personally am a fan of the 30 year fixed because of its predictability. Variable loans are not at the top of my list for reasons like negative amortization or not being able to predict if interest rates will increase and at what time. Every person or investor is different so choosing the right loan for you is what's most important and you can do that by doing your due diligence, consulting with an advisor and weighing out your options. 

Topics Covered in this episode:

• What is the difference between a fixed and variable loan 
• How does a 30 year and 15 year fixed loan work 
• What are the benefits of each loan 
• Why are variable loans not the best for long term holds 
• What is amortization 
• Will you have enough time in your short term loan to pay it off 
• What are the various types of options in a variable loan 
• What is a HELOC loan
• What is a negative amortization loan 
• Why you should always have back up plans 

Listen now and find out why Christina thinks education is the key to financial leadership on Spotify, iTunes and Youtube. 

The Real Estate Breakthrough Show with Christina Suter is where we talk about the reality of real estate, the mindset you need and the tips and tricks to get you moving forward in investing. Join us every week and learn everything you need to know to invest in real estate education and create real wealth for a lifetime.

Find our more about Christina here: 

Website ChristinaSuter.com

Facebook Christina 

LinkedIn Christina Suter

Instagram RealChristinaSuter

Twitter RealChristinaS

"Understand this is a long term marathon so be prepared for those ups and downs." -Jens Nielsen

Today I am interviewing Jens Nielsen who is the Principal of Open Doors Capital. He is also a full time real estate investor and a partner in over 1,100 apartment units valued over 50 million dollars. He is a certified High Performance Coach, a mentor and consultant. Jens runs Open Doors Capital with partner Jaso Pero and advisor Rod Khleif. 

Jens Nielsen: Moved from Denmark to the US in 1996. He transitioned from IT to real estate a few years ago, but decided he didn't want to trade his time for money. In the IT space, he was in computer systems management which Jens was able to transfer over certain skills that aided in his real estate investing. 

TOPICS COVERED IN THE EPISODE:

• Who is Jens Nielsen and Open Doors Capital 
• How Jens transitioned from IT to real estate 
• Why he wanted to create passive income 
• The idea vs the details 
• How does a strong team add value 
• Joint ventures and syndications 
• How long does it take to go passive 
• Creating enough stability to choose 
• What is the heart of the entrepreneur 
• What is the right motivation for your real estate investing 
• How Jens cycling accident pushed him further into investing 
• Active vs passive investing 
• Ask yourself, can I solve this issue
• Repositioning 
• What attitude do you have towards your investment 
• How to be solution focused
• What does financial leadership mean to you 

Listen now on Spotify or Apple iTunes or watch on Youtube to find out how Jens found his Real Estate Breakthrough!

The Real Estate Breakthrough Show with Christina Suter is where we talk about the reality of real estate, the mindset you need and the tips and tricks to get you moving forward in investing. Join us every week and learn everything you need to know to invest in real estate education and create real wealth for a lifetime.

Find out more about Jens here: 

Website opendoorscapital.com 

Email jens@opendoorscapital.com

LinkedIn Jens Nielsen

"Vacancy rate is affecting my bottom line as far as dollars go as my vacancy rate is only 1 of the effects I need to consider when I have an empty unit." -Christina Suter

Today I am talking about vacancy rates and how they affect your investing. On average a building at any given time can have at least a 5% vacancy. As investors no vacancy is best,  but it does happen and can affect your overall investment in a property. When a unit is vacant you're not bringing in cash and it brings up the cost for marketing, maintenance cost, open house cost, property management cost and more. I am not saying you cannot have vacant units, what I'm saying is that if you are not anticipating vacancies, there are things that can be done to help your turnaround stay as low as possible. 

Topics Covered in this episode:

• What is a vacancy rate and how does it affect investing 
• %5 average vacancy at any point in time 
• Vacancy stops cash from coming in 
• The multiple effects of vacancies
• How do tenants rights and the security deposits play into that
• Why do you need to do rent increases
• Why you should include vacancies in your anticipated cost

Listen now and find out why Christina thinks education is the key to financial leadership on Spotify, iTunes and Youtube. 

The Real Estate Breakthrough Show with Christina Suter is where we talk about the reality of real estate, the mindset you need and the tips and tricks to get you moving forward in investing. Join us every week and learn everything you need to know to invest in real estate education and create real wealth for a lifetime.

Find our more about Christina here: 

Website ChristinaSuter.com

Facebook Christina 

LinkedIn Christina Suter

Instagram RealChristinaSuter

Twitter RealChristinaS

In today's episode of the Real Estate Breakthrough Show, we put together some of our favorite real estate guests from the first 50 episodes. These tips, quotes and life stories are the backbone to how they've become successful investors in real estate and in life. I am encouraging you to listen to these shows to get in depth, personal and life changing stories that helped these investors make it to the next level. It's not always just about investing, but what you can do to help people and make what we do as investors a more sound and positively educating experience. You will hear quotes from Bruce Norris, David Tilney, Deborah Razo, Ellie Perlman, Stephen McKee, Ellis San Jose, Kevin Oliver, Kaaren Hall, Aaron Norris, Andrew Westing and many more. 

Listen now on Spotify or Apple iTunes or watch on Youtube to find out how Brian found his Real Estate Breakthrough!

The Real Estate Breakthrough Show with Christina Suter is where we talk about the reality of real estate, the mindset you need and the tips and tricks to get you moving forward in investing. Join us every week and learn everything you need to know to invest in real estate education and create real wealth for a lifetime.

Find our more about Christina here: 

Website ChristinaSuter.com

Facebook Christina 

LinkedIn Christina Suter

Instagram RealChristinaSuter

Twitter RealChristinaS