Episode #10: Questions New Real Estate Investors Ask w/ Michael Del Prete

37:13
 
Dela
 

Manage episode 296951741 series 2879567
Av Michael Del Prete upptรคckt av Player FM och Player FMs grupp - upphovsrรคttigheterna รคgs av publiceraren, inte Player FM. Ljudet streamas direkt frรฅn deras servrar. Tryck pรฅ Prenumerera knappen fรถr att hรฅlla koll pรฅ uppdateringar i Player FM, eller klistra in flรถdets webbadress i andra podcast appar.

Are you an investor who just starting off? Or maybe never done a deal? Now that you have arrived, your real estate investing journey can now begin!

๐๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐–๐ž ๐‚๐จ๐ฏ๐ž๐ซ:
  • 00:28 ๐๐”๐„๐’๐“๐ˆ๐Ž๐ ๐Ž๐๐„: What's your opinion on real estate if inflation remains high from all the printing of money.
  • 01:16๐๐”๐„๐’๐“๐ˆ๐Ž๐ ๐“๐–๐Ž: Other than the basic management vacancy, CapEx, and maintenance is there anything else?

  • 02:58 ๐๐”๐„๐’๐“๐ˆ๐Ž๐ ๐“๐‡๐‘๐„๐„: What software do you guys use to manage your rental units?

  • 03:51 ๐๐”๐„๐’๐“๐ˆ๐Ž๐ ๐…๐Ž๐”๐‘ When did you switch from self-management to a management company?
  • 07:16 ๐๐”๐„๐’๐“๐ˆ๐Ž๐ ๐…๐ˆ๐•๐„ If you have multiple applicants that meet your rental criteria. How do you choose the tenants?

  • 10:43 ๐๐”๐„๐’๐“๐ˆ๐Ž๐ ๐’๐ˆ๐— You buy a property that has tenants wait under fair market rent, how do you go about raising the rent up to fair rental standards?

  • 14:35 ๐๐”๐„๐’๐“๐ˆ๐Ž๐ ๐’๐„๐•๐„๐ How do you go about raising rents for tenants on section eight? Do you contact their casework?

  • 15:39 ๐๐”๐„๐’๐“๐ˆ๐Ž๐ ๐„๐ˆ๐†๐‡๐“ Do you ever let tenants pay cash? If so, how do you document it?
  • 19:20 ๐๐”๐„๐’๐“๐ˆ๐Ž๐ ๐๐ˆ๐๐„ What are you looking for when hiring your property managers?

  • 35:34 ๐๐”๐„๐’๐“๐ˆ๐Ž๐ ๐“๐„๐ Have you ever thought of doing out-of-state in Minneapolis?

~~~

This podcast is a Live Q&A recording from a real estate investing association. This class is catered to aspiring investors who have closed three or fewer real estate transactions. Michael answers a wide range of questions covering the basics of wholesaling, land lording and fix and flipping, and much more. Michaels purpose of this class is to help new investors find their own investor identity and give them a solid foundation to build on as they grow their real estate businesses.

Listen to the full episode as this episode will help you to find your own investor identity and give them a solid foundation of information and resources to build on as they grow their real estate businesses.

Stay Tuned and learn more...

Enjoy the show!

-----

If you love listening to this podcast, please leave a review in Apple Podcasts. Tune in for the next episode. Subscribe to our podcast on iTunes and follow us on our social media pages.

To get our freebies, head over to our website www.michaeldelprete.com and join the Community for a chance to get ahead of the pack. Be the first to get all the latest real estate investing, tricks, videos, and free training invitations.

---

Connect with Michael at:

Facebook

Twitter

Instagram

Linkedin

Recommended Resources with FREEBIES!

Wholesale Guide: The Cliff Note Version: By Michael Del Prete

Deal Machine: Here's a 14-day free trial!

Propstream: Give it a test drive today, with a 7-day free trial!

Batch Skip Tracing: Use the coupon code "AZREIA" at checkout to receive a 43% discount!

Property Scout Pro: Join Us on Facebook!

CallCentered: Ask for Scott, let him know Mike sent you.

---

Grab these Opportunities For You!

Partner With Michael: I show regular people how to use rental properties to grow their retirement savings so that they can stop worrying "if they will ever retire", and KNOW that they WILL retire.

P.S. Without the hassles of tenants or toilets!

โ†’ 15 Minute Phone Meeting

First Deal Accelerator: I'm putting together a mastermind for late 2020 where I'm going to work with a handful of private clients one on one. I will personally teach you how to flip your first wholesale deal and get paid. You will gain the knowledge, experience, and gain the confidence necessary to continue closing deals for a lifetime.

30 episoder