Accredited Income Property Investment Specialist (aipis)

Craig Ballantyne has been the Editor of Early to Rise since 2011. He’s also a Strength & Conditioning coach in Toronto, author of Turbulence Training, a contributing author to Men’s Health magazine, and a member of the Training Advisory Board for Maximum Fitness and Oxygen magazines. Craig is also the author of "The Perfect Day Formula: How to Own the Day and Control Your Life". Key Takeaways: [4:06] Controlling the morning [6:12] The proactive morning approach [7:38] Identifying your OCD loops [11:06] Starting to script out your day [12:48] Where to start in the Perfect Day Kit [14:38] Defining Magic Time [15:54] Why Craig believes you should really try and be a morning person [18:33] The app that makes Jason's morning [20:27] The 5 Pillars [23:35] Making the afternoon productive [25:23] Creating a Not To Do List [24:48] The new Law of Attraction...the Law of Action Attraction Resources Mentioned: www.earlytorise.com www.perfectdayformula.com Tabata Pro App

Richard C. Wilson is CEO of The Miami Family Office, a $500M AUM single family office. Richard is also the founder of Wilson Holding Company which employs over 30 professionals and produces over $10M a year in revenue through various operating businesses which include Billionaire Family Office and The Family Club, the largest membership-based family office association (FamilyOffices.com), along with holdings in the training, single family office management (SingleFamilyOffices.com), investment conference, search, data research, physical bullion, private equity (PrivatEquity.com), food, and energy industries. Richard has spoken at over 150 conferences in 17 countries and has the #1 bestselling book in the family office industry, The Single Family Office: Creating, Operating, and Managing the Investments of a Single Family Office.  Richard has his undergraduate degree from Oregon State University, his M.B.A. from University of Portland, and has studied master’s level psychology through Harvard’s ALM program wh

Reed Goossens is a real estate entrepreneur and founder of RSN Property Group. As a native Australian, Reed moved to the U.S to pursue his career. A qualified structural engineer and project manager, Reed has been involved with large-scale commercial construction and real estate development projects worth over $500 million since 2007; in Australia, the United Kingdom, and the U.S., including the London 2012 Olympic Games. After gaining valuable experience working in the engineering and construction industry, Reed decided to pursue his passion for real estate development and investing by starting RSN Property Group.Throughout recent years Reed has developed his personal portfolio of solid cashflow investment properties. He believes now is the time to enhance and utilize the power of syndication investing to purchase apartment communities across the U.S. Reed’s commitment to the development of a structured approach to researching, acquiring and managing investments provides the basis for RSN's sound operating s

Jared Lichtin is a real estate investor and podcaster who previously worked as a lawyer for the oil and gas industry in Appalachia, near his home in Northwest Ohio. He realized the uncertainty of his work in titling and deeding properties for the volatile industry and decided to start flipping houses. His first few projects proved profitable so he has continued to buy and flip and then he podcasts about it. He shares insider information about what to watch out for when investing in the oil and gas industry.   Key Takeaways: [2:37] Jared graduated law school, worked for a law firm for oil & gas industry and then started flipping houses after he noticed problems in the oil & gas market. [7:14] How can you title, deed and will your oil & gas investments to others? [13:30] Oil & gas investments are risky because there is nothing preventing the political landscape or environmental laws from changing. [18:51] The exploration and production side of oil & gas companies is a seismic process which i

Why invest in Orlando, Florida? There are many reasons to invest in this judicial foreclosure state, including the influx of investments by major medical companies and large corporations like Lockheed Martin. There are also business basics to the State of Florida that make it a good place to invest. It offers asset protection, has no income tax for its residents, and is pro-business and pro-landlord. This hybrid market is ripe and once the real estate market corrects itself, investment properties will appreciate to their proper values.   Key Takeaways: [2:24] It’s possible to buy real estate at a low price and become cash flow positive in the Orlando market.  [6:50] Differences in price discovery, market clearing, and the foreclosure process can be attributed to judicial foreclosure states vs. non-judicial foreclosure states. [11:21] Las Vegas may be a massively over speculated market. Its economy needs time to grow naturally. [12:50] The state of Florida is a well-rounded city, which creates an environment f

Brian, the local market specialist in Jacksonville, Florida shares encouraging data about the city’s job market, pro-business and pro-landlord stance. He also speaks to how the city meets his 5 fundamentals of investing which are jobs, population growth, affordability, desirability and a healthy supply and demand. The State of Florida offers asset protection and has no income tax for its residents.   Key Takeaways: [2:11] Brian has 17 years of experience buying distressed housing and providing turnkey investments.  [5:06] Why invest in Jacksonville? Consider these facts, figures and the 5 fundamentals. [9:02] Jacksonville has received high rankings from the Business Journal, and Forbes has ranked Jacksonville #3 in the U.S. for employment. [12:19] Every 8-10 years, real estate markets in the US go through the boom, slump, and recovery cycle. [15:20] The humble single family home is a great device for mitigating risk, this is an example of a typical deal.  [18:07] The City of Jacksonville has a pro-business an

If you are using your buy and hold properties as short term rentals, through a company like Airbnb, you may be required to pay an additional 15.3% self-employment tax. Although it may seem like a gray area to you, the IRS considers it an active business and will take note of which schedule you are filing. Short term rentals require more of your labor and your time, which rarely gets accounted for when calculating costs. Considering all the aspects of short term rentals versus long-term buy and hold properties will shield you from future surprises.   Key Takeaways: [2:34] Airbnb investors are running an active business, so the IRS imposes a 15.3% tax on the income. [6:38] Maintenance on Airbnb properties are more time and labor intensive than a buy and hold property. [13:18] Should Airbnb owners file a Schedule E or Schedule C at tax time? [17:08] Are you able to depreciate the furnishings in an Airbnb rental and what is the De Minimis Safe Harbor? [23:31] How many units do you need to qualify for the 500 mate

Technological changes may give real estate investors better tools to access previously unavailable markets, but no level of technology will ever replace a human’s need for shelter. As long as investors keep their eyes looking forward to the future and stay on top of the increasing number of research tools available, they will successfully build a diverse, long-term wealth strategy based upon single family home investment properties.   Jason and the Real Estate Guys take a break from their real estate conference speaking engagements, to discuss predictions for the future of the real estate investment market, the influx of tenants looking for rentals and how technology is changing investors’ ability to see beyond their own backyard and experience the benefit of geo-arbitration.   Key Takeaways: [2:25] No matter what the statistics say, real estate investors have more tenants than ever before.  [5:13] There will always be a need for single-family housing. [7:02] The labor participation rate is the lowest it’s be

Dr. David E. Goldberg is an Emeritus Professor of Engineering at the University of Illinois and a pioneer in genetic algorithm. He is the founder and president of Big Beacon and he also hosts the radio show, Big Beacon Radio. He believes that the future is more optimistic than many people think it will be and that engineering is the key to enhancing education reform.   Key Takeaways: [2:22] Evolutionary computation is the idea of combining Darwinian survival of the fittest and ideas from genetics. [7:49] What impact does evolutionary engineering have on humans, the economy and the systems we use? [11:53] The future can be more optimistic than what people assume it will turn out to be. [14:06] Engineers used to be rock stars, just look at the ebb and flow of the popularity of historical engineers. [16:14] After World War II, we turned engineers into ‘worker bees’ and now we want them to be charismatic leaders, like Steve Jobs. [19:58] One of the interesting things we found when researching ‘A Whole New Enginee

NeighborhoodScout is an online data tool you can use to make real estate evaluations a breeze. It conducts simple searches, which serve up quality information. The information is used by government agencies, real estate investors and individuals alike. Today’s guest Dr. Andrew Schiller, the creator of the site, has a Ph.D. in geography, focusing in sustainable development.   Key Takeaways: [1:54] Dr. Schiller has a Ph.D. in geography and uses data for projects on sustainable development. [4:34] Predicting crime risk at the individual address level is possible with this software. [5:55] The search engine component of NeighborhoodScout allows an investor to build their ideal neighborhood. [7:35] The vacancy rate information that NeighborhoodScout delivers, is based on baseline nationwide statistics. [13:55] Communities with good schools and low crime rates maintain their values during tough financial times. [21:36] What is the tipping point for communities to ensure stable rentals? [25:49] NeighborhoodScout’s i

Managers of organizations typically inherit the team they are responsible for leading. Strategizing on how to effectively manage the new team can require an overwhelming amount of resources. Jason’s guest, Victor Prince, is the author of the book “Lead Inside the Box”; and he talks about a tool he created to categorize employees so that focus can be given to areas that will increase profitability without sacrificing efficiency. Victor also shares some techniques that can be used during the interview process to assist human resource departments with hiring the right individuals for the job.   Key Takeaways: [2:20] The Leadership Matrix! [5:00] Categorizing different types of employees. [6:16] More often than not, leaders inherit an existing team. [7:28] How to keep employees continuing to produce for your organization.  [10:24] Managing your peers and succession planning. [12:31] Know who you are talking to during the interview process. [14:40] Insightful questions to ask during an interview. [16:21] You want

Syndicated deals are complex negotiations between multiple partners or investors. This type of deal has a special title because it involves more than one buyer and sometimes more than one lender. Jason’s guest, Joe Fairless, chooses to invest along with other investors to show his conviction for the preferred deals. He says that the most important rule of investing at this level is to know and trust the other general partners involved in the transaction. Large deals of this nature may net ongoing cash flow or may include opt-out clauses for investors who wish to make their own terms.   Key Takeaways: [4:01] What “closing the deal” means to Joe Fairless [6:44] Raising capital for syndication deals  [11:52] Formats, general fees and rules for raising money for specific deals [17:46] Acquisition fees [19:45] Asset management fees for the general partners [20:51] Investing alongside other investors [22:30] The importance of knowing who you are dealing with [23:44] Ongoing cash flow [25:18] Refinancing, long-term

Jeff, an existing client, is doing research on buying multiple properties at once in the Chicago area. After much debate about the advantages and disadvantages, Jason gives a thumbs up in support of the venture. That is because buying multiple properties at once will save investors time and paperwork. Affordable maintenance costs, low vacancy rates and cost of living make Chicago the least expensive world class city in the U.S.   Key Takeaways: [1:45] Jeff asks Jason’s advice about investing in Chicago. [2:16] Chicago is great but there are a few reasons why it’s not a slam dunk. [3:45] But...the team you use is important! Pay attention to the in-house services. [6:19] Cash flow and rent to value ratios in Chicago. [8:48] Is a low vacancy rate a sign of low rents? [10:47] The psychology behind raising rents for existing tenants. [13:38] Our local market specialist in this area know what they are doing. [14:23] Are there advantages to buying a group of properties all at once? [17:00] Chicago is the most afford

As you are building your real estate portfolio you need to make certain you are managing and protecting your assets to the best of your ability. Garrett Sutton joins Jason today to discuss the relatively new Benefit Corporation, also known as the B-corp. He also shares changes in state taxes and how they affect Single Member LLCs and Multiple Member LLCs. They touch on the best states to incorporate in and the benefits of a trust vs. a living trust. Garrett offers a special bonus to listeners of the show.   Key Takeaways: [2:59] The Benefit Corporation [8:06] An LLC carries a charging order protection for real estate asset protection [11:54] The protection of Single Member LLCs in Wyoming and Nevada is degrading [13:24] An irrevocable asset protection trust [16:04] A trust protects assets and is managed by trustees, but a living trust does not [19:47] Problems with the bureaucracy of California and changes in taxes [26:50] Registered agents should file paperwork promptly [28:17] Delaware has a strong body of

This is a must listen to episode for investors. Our guest, Harry Dent, has written over 7 books on using demographics to predict economic outcomes. Harry and Jason discuss the inevitable Chinese market crash, the deflation that is headed our way and the massive amounts of debt in the private and public sectors. For real estate buyers, it appears that the everyday house is the best place to invest for the next 3 to 4 years. We just might see the lowest interest rates on mortgage loans of this lifetime. Harry warns that the bigger the bubble the bigger the burst, and predicts we will see the Dow drop below 6000 in the coming years and fracking bonds will be crucified.   Key Takeaways: [2:24] A ‘something for nothing’ life is not realistic [3:26] Deleveraging the debt leads to money disappearing [4:36] Debt grew 2.7 times faster than GDP [6:38] We are sitting on unfunded liabilities at 4 times the GDP [10:06] Is the U.S. in a legitimate economic recovery? [13:25] Harry’s opinions on high-end real estate [15:26]

The fact that U.S. homeownership rates are tumbling is great news for real estate investors! The time is ripe for cash flow oriented linear markets. And it turns out that Pro.com’s home project service engine is up and running at full capacity. I talk with Matt Williams, former CEO of Digg, about the latest and greatest tool for real estate agents and investors: Pro.com. Pro.com is a new service which gives you the cost of a pro contractor’s services to complete your home upfront, so you know exactly how much you can expect the bill to be. There were no fees exchanged for this or any of my podcasts.   Key Takeaways: [2:05] Learning the ins and outs of building marketplaces and communities at Amazon [3:07] Digg’s V4 - An attempt at a personalized news experience [9:39] Homeowners have access to what it costs to get their home ready for sale [11:16] The most comprehensive pricing engine for any home project [13:48] The problem is a lack of transparency for home services [15:30] What costs should be broken down

Buying raw land from sellers who are in tax default can make a profit of up to 300%. Displaying due diligence when searching for properties by using the right web tools, understanding the area, and even financing the land yourself can open up new passive income opportunities. Mark Podolsky joins Jason today to discuss how he created a booming business in the small niche, raw land market. He shares tips and tricks you can use to start your own buy and sell business, how to find the right properties and entice potential sellers.   Key Takeaways: [2:32] Mark buys raw land at tax lien auctions and then resells the land online for a 300% profit [5:41] The best properties are in the West and Florida [7:01] Financing the resell for passive income [11:12] Due diligence helps to avoid environmental issues [14:19] How to find the right properties – start with the National Association of Counties [21:30] A land contract, a promissory note and a purchase sale agreement [24:09] The process of buying and selling the proper

Self-management tools often boast ease of use and shortcuts to save you time, but they don’t always deliver. Cozy and Landlordology are property management tools, which offer end-to-end online self-management solutions. Both tenants and property managers benefit from the monthly automatic rent collection feature, as well as the integrated application process. If you think doing a background check along with a credit report will help qualify renters’ qualifications, then sign up for Cozy today.   Key Takeaways: [2:47] Lucas teaches managers how to manage their own properties [4:45] You need to get your message out there - try Postlets rental manager [6:17] Hire a real estate photographer to capture great photos of your property [11:06] Going over your general requirements before meeting at the property will save time [12:25] A 2-year lease provides extra security for the tenant [13:52] What is a landlord’s open house? [15:47] Possible new tenants can submit an application as soon as they leave the property vie

Buying income properties in high-end markets isn’t for everyone. First, you need to be able to raise sufficient capital to purchase the property and then secure top monthly rents from tenants. Sharran Srivatsaa, with Teles Properties, shares how his company has changed the game in the upscale market by building their own in-house software platform which fits the needs of their specific market and by creating a corporate culture of “do what you do best”. Realtors in their sales division are incented to do only the things which drive positive sales results.   Key Takeaways: [3:38] A quick history of the strategy behind Teles Properties. [6:08] Agents want to be doing these 3 things. [8:00] Teles launches new releases of our in-house software platform like Apple does. [13:17] How is Teles making California income property to work? [16:32] The real cost of adding an additional unit to each property. [20:22] Having all of your eggs in one high-end basket. [26:10] The Big Short movie. [27:53] The Rochester, MN, Hun

Using your personal credit as a vehicle to obtaining business credit is unnecessary and a waste of time. It is possible for your small business to get higher credit limits by buying a shelf corporation that has been properly aged. If you are doing business in an industry deemed “risky”, it may be more difficult, but not impossible, to get business credit. Jason’s guest, Gerri Detweiler, shares little-known yet very important tips and tricks on NAVigating the business credit system; including who reports pay schedules and why it’s good to use Facebook like everyone is watching (*hint - it’s because they are).   Key Takeaways: [3:31] The reason why shelf corporations are attractive [9:53] Leave your personal credit out of your business [11:55] Business credit and small business loans [14:07] Business credit reporting agencies [17:44] The mystery which is business credit [19:34] How do you know whether or not you have a business credit rating? [21:12] Getting started with business credit is very easy, so why wou