REI INK

From Boss to Leader: Empowering Your Employees for Success

Erik Latsha is the CEO of Honest Home Solutions, a real estate investment company operating in South Central Pennsylvania and northern Maryland. In this episode, we talk about the importance of honesty, trust, and accountability in building a successful real estate business along with the biggest lessons Erik learned along the way. Listen now to learn more about Erik, how he operates Honest Home Solutions, and how your integrity can create a great impact in the industry! Quotables “One of the big things we focused on was people over profit when we really started our business, it was a huge part of advertising and marketing.” “When I’m making business decisions it’s really important for me to be an example to my staff.” “I don’t believe you’ll ever have good people until you empower them to be better than you.” Links Website: RCN Capital https://www.rcncapital.com/podcast Website: REI INK https://rei-ink.com/ Instagram: Erik Latsha https://honesthomesolutions.com/ Facebook: Erik Latsha https://www.facebook.com/ErikJLatsha/ Website: Honest Home Solutions https://honesthomesolutions.com/

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Finding the Perfect Solution for a Particular Segment

Dallas Tanner is an experienced investor and property manager who started with Treehouse Communities and now heads Invitation Homes. Discover the importance of location, product segment, and capital structure when investing in residential real estate, as well as the shifting demographic effect on homeownership and the rise of build-to-rent communities with tailored amenities. Learn about the challenges faced by millennials in finding affordable housing and the increasing desire for choice and flexibility among renters. And don’t miss Tanner’s Money Minute for tips on building equity over time. Quotables “I don’t see demand caving. I think demand stays elevated. I think supply is our issue, which also exacerbates the demand issues.” “If you own real estate in housing, you’re probably in a really great spot if you’re properly located.” “If you’re passionate around the concept of owner. Invest in real estate, find the right ways to do it.” “When you say somebody can’t live in this neighborhood because they don’t want rentals, I actually think that’s the reverse of progress.”  “Try to be the perfect solution for a particular segment that you want to focus on.” Links Website: https://www.invitationhomes.com/  LinkedIn: https://www.linkedin.com/in/dallas-tanner-94933737/ 

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The Economy, Relationships, & Technology 

John Gordon is the Director of National Accounts at The Home Depot and a radio host with a show on home improvement for over 20 years. He is with us today to help us better understand the world of home improvement and how it has changed through the years. Listen now to learn more about John, the impact of technology on home improvement, and how The Home Depot has been consistently serving its customers! Quotables “Where there’s not a balance between understanding technology and understanding the real estate business, there’s ugliness.” “If you have a healthy balance between technology and your business, you’re going to be fine.” “If you don’t do the work on the front end, the back end is going to be garbage. We heard garbage in, garbage out – I say nothing in, garbage out.” “Shortcuts are not good in technology. I know that they’re designed to save time, but you have to do a little leg work.” “Think about the investors when things got dicey in 2008-2009 who did not slam on the brakes – they did very well and they began an industry that didn’t even exist until they decided to keep going.” “Look at your relationships, look at your network, and understand. Do you have the right people in it?” “You don’t want to look for money when you need money, you want to build the relationship for when you may need the money, and I think it’s the same when you’re working with the Home Depot.” Links Website: RCN Capital https://www.rcncapital.com/podcast Website: REI INK https://rei-ink.com/ Website: The Home Improvement Show with John and Dave https://wbt.com/ Email: John Gordon john_gordon@homedepot.com

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The Power of Buying Back Time

Dr. David Phelps is the founder of Freedom Founders, an exclusive real estate investing community dedicated to helping people achieve financial freedom through real estate. David is a retired dentist who transitioned from his practice to real estate investing to be with his family and he has been helping others do the same for years. Listen now to learn more about David, Freedom Founders, and what it took for him to go from having his own practice to achieving financial freedom with real estate!  Quotables “You have to be cognizant of the fact that the market’s changing, it’s shifting. Is that a bad thing? No, it’s a good thing if you’re positioned for opportunities.” “It gave me what I call optionality. That’s what you want in your life and the sooner you can get that, the sooner your life can change and you can finally do what you want to do.” “If you don’t like where you are, look at your environment, who you’re hanging out with, and change that.” “Learn through other people. This is not rocket science, you don’t have to go to school to get an MBA in Finance or Commercial Real Estate. You could do this yourself, with other people, and that’s the best way to go.” Links Website: RCN Capital https://www.rcncapital.com/podcast Website: REI INK https://rei-ink.com/ Book: Inflation: The Silent Retirement Killer https://www.amazon.com/Inflation-Sile… Website: Freedom Founders https://www.freedomfounders.com/

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The 3 Levels of Development and Why They Matter 

Ted Studdard is a retired US Marine Colonel with over 30 years of leadership experience in the military. Today, he uses his background and experience to help professionals become better leaders in their chosen fields. Listen to this episode to learn more about Ted, his experience as a military leader, and how he is using his background to develop better business leaders today! Key Talking Points of the Episode 00:00 Introduction 00:47 Who is Ted Studdard? 02:14 What does Ted do today? 03:20 What should people be focused on today? 04:57 Why is it important to build people up? 08:08 Why do leaders need to learn how to delegate? 13:56 How can we become better leaders? 16:19 How does someone know what skills they need to improve? 21:20 What is the right way to delegate to your team? 23:07 What makes a good leader? 25:42 What prevents people from growing? 29:11 What are some leadership traps people can fall into? 33:11 What is Ted’s advice to young entrepreneurs? 36:14 What is the importance of understanding the real value networking? 38:59 How can veterans overcome the struggle with structure outside the military? 45:21 Why is it important to pay attention to the way you speak as a leader? 48:53 What is Ted’s book about? Quotables “As entrepreneurs or any leader, we gravitate to doing things. We’re doers, but if we can get all those other people, think about how that exponentially raises what we are capable of accomplishing.” “I think in our professional lives and personal lives, we need a network of people, not that’s always going to tell us yes, not always to agree with us, but folks to tell us real, unfiltered feedback.” “A good leader is a good teacher, a good mentor – you have to be able to teach and help people grow.” “I think as human beings, we’re sometimes reluctant to ask for feedback because we love the good feedback, but we don’t like the feedback that’s really important and sometimes, that negative feedback, we need to hear to grow from.” “As leaders, sometimes we get so caught up that we put our ego in front of the organization or the mission, just like I did.” Links Website: RCN Capital https://www.rcncapital.com/podcast Website: REI INK https://rei-ink.com/ Book: Depot to Depot https://www.amazon.com/Depot-Transfor… Website: The Studdard Company https://thestuddardcompany.com/ LinkedIn: Ted Studdard https://www.linkedin.com/in/tedstuddard

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Breaking Down Lease Options and Creative Finance

John Jackson is considered the nation’s premier authority on real estate lease options, and is often referred to as the “King of Lease Options.” Other nationally recognized real estate educators refer their students to John to learn his lease option systems. John started his lease option company, Leasing To Buy®, in 2003, and has since done over 600 lease option transactions, with his students having done hundreds of lease option transactions as well. John is also the ONLY educator that teaches Texas Lease Options. Real estate attorneys refer to John for education and training on the subject. Connect with John Jackson https://leaseoptionclasses.com/

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