How Brandon and Amanda Secured Their First BRRRR Deal

podcast Aug 09, 2024

In this episode, we get to sit down with Brandon and Amanda, a dynamic couple who share with us how they secured their first BRRRR (Buy, Rehab, Rent, Refinance, Repeat) deal.

They discuss how they decided to dive into real estate investing to build a secure financial future for their family and overcoming the challenges of finding the right deal to managing a major renovation—all while balancing their busy careers and family life.

Brandon and Amanda offer valuable tips for anyone struggling to get started in real estate, including the importance of setting clear roles, building a trustworthy team, and staying focused on long-term goals.

 

In This Episode:

  • 1:19 Introduction
  • 2:17 Getting Started in Real Estate
  • 4:57 Deciding on The Neighborhood to Invest In
  • 7:34 Building Teams and Relationships
  • 10:42 Finding the General Contractor
  • 11:30 Managing Renovations
  • 11:58 Keep Your Eye on the Goal
  • 12:56 Balancing Roles and Responsibilities
  • 13:43 The Impact
  • ...
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Quitting the 9-5 Life and Building A $2.5 Million Portfolio in 12 Months

podcast Aug 02, 2024

In this Million Dollar Sensei Session, we dive deep into the remarkable journey of Apoorva, a beloved member of our Portfolio Mastery Community.

We explore how Apoorva and her partner Suraj have been able to build a $2.5 million real estate portfolio in just 12 months.

Discover the strategies, mindset shifts, and community support that made this incredible transformation possible. Don't miss out on the free resources mentioned in our show notes to help you on your path to financial freedom and real estate success.

 

In This Episode:

  • 1:45 Introduction
  • 2:42 Building Generational Wealth
  • 4:00 Finding the Portfolio Mastery Community
  • 7:18 Mindset Shift About Money
  • 8:33 Finding the First Deal
  • 9:43 Financing with Hard Money Lenders
  • 10:30 Vetting General Contractors
  • 15:16 Moving from Scarcity Mindset to Abundance
 

Resources:

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$5Million in BRRRRs + Flips in 18 Months As A Retired Couple

podcast Jul 26, 2024

Join us for a special sensei session with Annie and Randy, members of our Portfolio Program. Annie and Randy Betts are seasoned real estate investors based in Southwest Michigan, primarily investing in Fort Wayne, Indiana, with additional properties in Delaware and Arizona. Married for 32 years, they have successfully done a total $5MM in BRRRRs + flips over $5 million.

In this episode, they share how they transitioned from their careers to real estate investing, grew their portfolio and embraced a mission-driven approach to their business.

"The journey of 1,000 miles begins with a single step." - Randy

In This Episode:

  • 1:25 Introduction
  • 3:53 Discovery of Open Spaces Community
  • 5:22 Career Transitions
  • 7:06 Biggest Transformations
  • 11:02 Deciding on the Right Market
  • 11:34 Finding the First Deal
  • 12:26 Building a Team
  • 13:15 Advice for Upcoming Investors
 

Resources:

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$1.4 Million in 1 Year After A Layoff

podcast Jul 19, 2024

In this episode, we sit down with Natasha, a member of our Portfolio Mastery Community, for a gem-filled Sensei Session. Natasha shares her journey from having a tech career, getting laid off, becoming a full-time real estate investor, the challenges she faced, and the strategies that helped her succeed. Keep listening to hear her inspiring story, the importance of community, and valuable tips for navigating the real estate landscape.

 

In This Episode:

  • 1:07 Introduction
  • 1:26 Natasha's transition from tech to real estate
  • 3:39 Finding the Open Spaces Community
  • 5:04 The power of community and support systems
  • 6:43 Finding and managing investment properties
  • 7:38 Importance of goal setting and mindset shifts
  • 9:29 Navigating contractor relationships and project management
  •  12:02 Good is better than perfect
 

Resources:

 

Co...

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Stepping Out of Analysis Paralysis into Investing

podcast Jul 12, 2024

Our Sensei episodes are designed to provide insights into what you can achieve with the right strategies and execution in real estate investing. In today’s episode, Cheryl Tan sits down with Karthika, a member of our Open Spaces Community as she shares her real estate journey, experiences, and the invaluable lessons learned along the way. This episode is filled with inspiration, practical advice, and the importance of mindset in achieving success.

 

In This Episode:

  • 1:24 - Getting Started in Real Estate
  • 2:45 - Choosing to Invest Out-of-State
  • 5:22 - Building a Reliable Team
  • 6:30 - Numbers and Financials
  • 7:16 - Portfolio Program and Community Support
  • 9:31 - Future Plans and Takeaways
 

Resources:

 

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Why We Sold Our Short-Term Rentals and Switched All Our Focus to Long-Term Rentals

podcast Jul 05, 2024

In today’s episode of The Wealth Blueprint, Palak shares a significant decision she and her partner Niti have made in their real estate investment strategy. As active investors, they are in the trenches with you, trying new things and reporting back what works and what doesn’t work. They have decided to focus entirely on long-term rentals, after years of owning and managing short term rentals. Palak shares the reasons behind this decision, the challenges faced with short-term rentals, and the numerous benefits discovered with long-term rentals.

Whether you're an experienced investor or just starting, this episode provides you with valuable insights into the pros and cons of both investment strategies and helps you make informed decisions for your real estate journey.

 

In This Episode:

  • 0:20    Introduction
  • 2:09 - Challenges with short-term rentals
  • 2:20 - Higher Vacancy Periods
  • 3:02 - Increased Maintenance Costs
  • 4:00 - Advantages of Long-Term Rentals
  • 4:
  • ...
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Out-of-State Investors Panel

podcast Jun 21, 2024

When Suraj said “I think the fact that the projects are running out of state is a blessing in disguise, because the person that I am, the control freak that I am, the quality of work that I need, would not allow me to live in peace if every one of those five projects was under my nose, because my blood pressure would always be so high.”, it resonated for so many that had originally felt out of state investing wasn’t for them but then had tried and appreciated all that it had to offer.

If you’ve been following us, you know of our Sensei Sessions, where we interview our rockstar investors in the Open Spaces community to share insights into their real estate journey.

In this special Sensei Session, we dive into the real estate investment journeys of some of our community members who have all crossed a million in portfolio wise as they share how they've scaled their portfolios, managed out-of-state properties, and overcome challenges in their real estate investment journey.

"As you...

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Marriage and Business Partnership with Heather Roberts | Million Dollar Women Series

podcast Jun 14, 2024

In this episode of the Million Dollar Women Series, host Palak sits down with Heather Roberts, a remarkable entrepreneur who transitioned from being a stay-at-home mom to owning and scaling multiple successful businesses. Heather shares her journey, the challenges she faced, and the strategies she used to overcome them. This conversation dives deep into entrepreneurship, work-life balance, and the intricacies of working with a spouse. If you're looking for inspiration and practical advice on scaling your business while maintaining your sanity, this episode is for you.

"Being a parent teaches you so many things about life and business—leadership, multitasking, and adapting to changing environments." - Palak

In This Episode:

  • 0:00 - Introduction and Series Overview
  • 2:51 - Heather's Entrepreneurial Journey
  • 9:10 - Balancing Family and Business
  • 11:15 - Working with a Spouse
  • 16:10 - Managing Growth and Decision Making
  • 17:24 - Challenges of Scaling and Main
  • ...
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Megha's Journey from Physician to Real Estate Investor

podcast May 31, 2024

In this episode, Cheryl Tan sits down with Megha Joshi, a physician who has successfully ventured into the real estate market. Megha shares her story of how she balances a demanding career, family life, and her passion for real estate, eventually making her first investment in Baltimore. This episode is packed with insights for anyone looking to fit real estate into a busy schedule and offers practical advice on getting started and staying motivated.

 "Little shifts in your routine can turn into major achievements." - Megha

In This Episode:

  • 0:28 – Introduction to Megha Joshi and her background as a physician.
  • 1:45 – Discovering Palak and Niti's Open Spaces Program through social media.
  • 4:20 – Balancing a busy professional and personal life while diving into real estate
  • 6:43 – Advice for busy professionals considering real estate investment.
  • 8:04 – Future goals in real estate and her motivation behind these ambitions

Resources:

  • Get a copy of Acc...
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From Novice to Pro: Real Estate Investor Stories

podcast May 17, 2024

In this episode of The Sensei Session, we dive deep into the world of real estate investing with a panel of seasoned experts. Join us as we uncover the secrets behind their success, the pivotal experiences that shaped their journeys, and the strategies they swear by. Whether you're a novice investor or a seasoned pro, this episode is packed with valuable insights and actionable advice to help you navigate building real estate wealth with confidence.

 

In This Episode:

  • 1:00  – Introduction of Sensei Panel members
  • 4:20  – Incorporating real estate in your world outside of it
  • 7:15  – Mindset Shifts for the next level
  • 10:51 – Real Estate Portfolio Goals

Resources:

 

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