Info

Real Estate Success With Jim Ingersoll

Real Estate Success Podcast is your ultimate source of tips and strategies that can help you short cut your path to success. Learn about what success is, why you want it and the journey you will take on your way to achieving amazing results. Real Estate Success Podcasts cover all aspects of real estate including realtor strategies, wholesaling houses, flipping houses, creative financing, private lending, self-directed IRAs and more! Each episode will expand your thinking and help you succeed massively. Join your host, real estate investor, author and entrepreneur, Jim Ingersoll, as he shares his vast knowledge of successfully implemented strategies, techniques and tips. Each weekly podcast guest will introduce you to a variety of successful business people involved in various areas of real estate.
RSS Feed Subscribe in iTunes
Real Estate Success With Jim Ingersoll
2017
April
March
February
January


2016
December
November
October
September
August
July
June
May
April
March


All Episodes
Archives
Now displaying: October, 2016
Oct 26, 2016

In this week's Investor Success Podcast, with special guest, Larry Goins, we talk about investing in mobile homes on land.  Larry shares a specific strategy that nets him about $20k per deal with mobile homes.

Discussion Points:

  • Why you will want to invest in mobile homes
  • Mobile home buying criteria for location, price, size, features
  • How to analyze the deal:
    1. Start with market rent to determine what the mobile would rent for
    2. Work the price backwards using 9% interest, 20 years amortization and amount you can get for down payment from a buyer
    3. Example:  Market rent = $600 then you should be able to sell for $66,0000 (plus the $5k down-payment) and your buyers monthly payment will be $583.92
    4. If you want  your investment capital back then plan to sell the note with a 12 - 15% yield meaning you would sell your $59,900 note for approx $45k
    5. If your goal is to net a $20k Profit on your deal then you know you can pay $30k for the mobile home by selling the note for $45,000 and getting a $5,000 down payment from your buyer
  • Sell using a land contract rather then a deed so it is easier to take the mobile back in case of default using a notice of cancellation
  • How to find your mobile home deals
  • Questions from "Success Subscribers"
    1. How did you first start out as an Entrepreneur?
    2. How can we start to invest outside the area we live in?
    3. What is a book that had an impact on you?
    4. Who was an early mentor that helped you on your path to success?

 

Ready to take your investing to the next level?

Join your podcast host, Jim Ingersoll, in the Investor Success Mastermind

Oct 20, 2016

In this week's Investor Success Podcast show, with special guest, Patti Roberston, we discuss using Section 8 to create cash flow for Landlords.

Discussion Points:

  1. What is Section 8 and why should real estate investors care about it?
  2. How Patti first started working with Section 8
  3. Shifting your investment criteria from median price to lower price homes with great returns
  4. Should you buy one house for $160k or 2 for $160k?  Using Section 8, both properties will rent for $1395 each
  5. Why smaller houses make fantastic Section 8 rentals with higher rents
  6. Marketing for Section 8 tenants
  7. Hedging for inflation with rental increases to Section 8
  8. What items to eliminate in your rentals to make your section 8 inspections easier

Ready to take your investing to the next level?

Join your podcast host, Jim Ingersoll, in the Investor Success Mastermind

Oct 13, 2016

In this week's Investor Success Podcast, with special guest, Max Keller, we talk about the journey from being a math teacher to full-time real estate investor, house flipper, wholesaler and landlord.

 

Discussion Points

  1. Building the foundation to being an entrepreneur with Dave Ramsey's "Complete Guide To Money: The Handbook of Financial Peace University:
  2. Why doing "Nothing" is no longer an option
  3.  How the BiggerPockets podcast helped shape his initial direction
  4. How a Craigslist post lead to his 1st wholesale deal, resulting in a  $16,000 pay day
  5. How "E-Myth Mastery" by Michael E. Gerber taught Max to work on his business rather than in his business on a daily basis
  6. Details on his 1st "Max Flip" including finding the deal on  Craigslist for $100k then renovating and flipping it with multiple offers at $175k
  7. The value of a great Realtor
  8. How to create a process to market with 10,000 Flyers

 

 Ready to take your investing to the next level?

Join your podcast host, Jim Ingersoll, in the Investor Success Mastermind

Oct 6, 2016

In this week's Investor Success Podcast with special guest, Zach Braunel, we talk about the secret sauce of successful direct mail marketing campaigns to find motivated sellers using postcards and yellow letters

Discussion Points on Direct Mail Marketing:

  1. Direct mail results with postcards vs. yellow letters
  2. The power of a personalized letter
  3. Why variable font printing is critical
  4. Marketing in disguise strategy:
    • Small invitation size envelopes
    • Address label on back
    • Easy to open envelope (flap tucked in, not glued shut)
  5. Why multiple touch campaigns work:
    • Mailing 1 - Ivory envelope/red ink
    • Mailing 2 - Gray envelope/blue ink
    • Mailing 3 - Blue envelope/Green ink
  6. How to create a power list for deals:
    • Absentee owned
    • Length of ownership
    • Equity position
    • Date of birth of owner

Ready to take your investing to the next level?

Join your podcast host, Jim Ingersoll, in the Investor Success Mastermind

1