REI INK

Digitizing Data to Put in the Property Owner’s Back Pocket

Chuck Hattemer is the co-founder and CMO of Poplar Homes, a nationwide property management company based in California. Chuck and his team are focused on helping mom-and-pop investors across the country better manage their properties by giving them access to institutional power. He is with us today to talk about the importance of effective property management systems and how Poplar Homes is helping solve issues in property management today! Listen now to learn more about Poplar Homes, what’s going on in property management, and how you can better manage your rentals as a real estate investor today! Quotables “We kind of approached it from the consumer, the renter perspective first and it was a problem that all of our peers were talking about.” “That was all about this philosophy of don’t over-optimize and don’t build before you know exactly what the customer wants and what the pain points are.” “So many opportunities that come up in my experience, in our business, have come up because we’ve knocked on that extra door. We’ve asked the tough question when the time has run out to a mentor or to someone we want to make a deal with.” Links Website: Poplar Homes https://www.poplarhomes.com/ Website: RCN Capital https://www.rcncapital.com/podcast Website: REI INK https://rei-ink.com/

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The Man, The Myth, The King of Data

Rick Sharga is the founder and CEO of CJ Patrick Company, a market intelligence firm providing industry insights, forecasts, and analysis to real estate companies. Rick has years of experience in the real estate and mortgage industries and he is with us on the show to talk about what we can expect from the market in the last few months of the year. Listen now to learn more about what’s really happening in today’s market, what we should expect, and how we can plan for the next few months! Quotables “Look for people that need to sell their properties. There are sources where you can find all of that data and that’s where you’re going to be able to find all the assets that you need to buy.” “The millennials wanted to own homes at the same rate that Gen X did, the same rate as the boomers did – they just got started later.” “Don’t jump at the first opportunity that you see because there will be other opportunities but make sure that whatever opportunities you do pursue is an opportunity that pencils out for you.” Links Social Media: Rick Sharga https://twitter.com/ricksharga https://www.linkedin.com/in/ricksharga/ Website: CJ Patrick Company https://cjpatrick.com/ Website: RCN Capital https://www.rcncapital.com/podcast Website: REI INK https://rei-ink.com/

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Discovering Your Real Estate Edge

Greg Herlean is the founder of Horizon Trust Company, which helps individuals make the most out of their retirement funds through self-directed IRAs and alternative investments. He is an SDIRA expert and he is on the show today to share his story with us and tell us the lessons that entrepreneurship has taught him over the years. Quotables “For me, if I know that my house is paid off and I have x amount of cash in the bank, I can sleep better at night. When you sleep better at night, you make better business decisions and also with your family life, it’s better.” “It doesn’t matter who you hire. If you’re the owner, there is a difference being in your business.” “If there’s so much hype and you have to do it, you probably don’t have to do it.” “If you’re around successful people in a space you wanna be in, you’ll shave literally years off your experience in building a business.” Links Website: Greg Herlean https://www.gregherlean.com/ Website: Horizon Trust Company https://www.horizontrust.com/ Website: RCN Capital https://www.rcncapital.com/podcast Website: REI INK https://rei-ink.com/

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The Startling Future of Generational Wealth and Rent Cycles

Lacey Brutschy is one of the most influential real estate investors on social media today. She is a real estate development and residential sales expert based in the DFW area, and she is on the show today to help us better understand what’s happening in today’s market. Listen now to learn more about Lacey, the DFW market, and what we should be expecting based on what’s currently happening in the real estate world! Quotables “The goal that I think people should be thinking of is no longer whether or not the time is to get into the market because the time to get into the market is 3 days ago, it’s today, it’s tomorrow – because that’s the only way you’re going to build generational wealth.” “You just really have to know what you’re looking for, as far as places that we’ll see equity growth, which is really based off of location and whether or not the development has they’re own school system.” “Your goal is really to purchase a house that has as many bedrooms and bathrooms as you can afford, then you house-hack that with your friends.” “The opportunity is again, not in long-term rentals. It’s in mid-term, it’s in short-term, if done correctly.” Links Website: RCN Capital https://www.rcncapital.com/podcast Website: REI INK https://rei-ink.com/ Instagram: Lacey Brutschy https://www.instagram.com/lacey.compass/ Email: Lacey Brutschy lacey.brutschy@compass.com

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climbing the ladder of success

When immigrants get to the United States of America, they are made to believe that money grows in trees. Unfortunately, money doesn’t grow on trees. People do whatever it takes to ensure they get the money.  On this episode, I have the pleasure of hosting Krzysztof Warchol. He is the owner of Estate Solution. When he first came to America in 1996, Krzysztof took odd jobs to make ends meet. He has worked as a salesman, janitor, limo driver, and real estate investor.  Krzysztof’s story is enough evidence that we can achieve anything if we have the right mindset. In this episode, Krzysztof shares how he transitioned from one role to another until he got to where he is today.  Listen and get motivated.  Quotes from the Episode: “Never give up. When you set the goal, when you set the target, go for it.” “When you decide to do something, you need to be consistent.” “I’m trying to teach my children how to make their money work for them.” “Never give up guys. It cannot be worse than it already is.” Connect: LinkedIn: https://www.linkedin.com/in/krzysztof-warchol-b85007170/ 

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Finding Your Niche: Self Storage Edition

Travis Baucom is a real estate investor in Waco, TX, focused on self-storage syndications. He has been investing in real estate for years in single-family residential properties and recently made his way into commercial, specifically in self-storage properties. Listen to this episode to learn more about Travis, his transition from single-family to multifamily, and what he has learned along the way! Quotables “When you look at deals, you need to be underwriting them a lot more conservatively than you have in the past.” “Attorneys, property managers, maintenance guys – all that can be contracted out so it’s not on your payroll.” “The great thing is storage pays so well, cash flow wise. We don’t have to buy a property this year to continue our lifestyle.” “There are 3,000 facilities in America – 70% of those are owned by mom-and-pop and the ones that aren’t, 80% of those are owned by companies that are publicly traded on Wall Street.” “What you did is the same advice I give everyone. It’s really first aid, it’s triage. Stop the bleeding, protect the wound, treat for shock.” “Sometimes, you just have to understand that the good deal is just getting out of there.” Links Website: RCN Capital https://www.rcncapital.com/podcast Website: REI INK https://rei-ink.com/ Website: Travis Baucom https://www.housetoempire.com

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