In this episode Ryan covers investing in houses you have never seen, how to wholesale and fix and flip remotely, who you need on your team, how to easily finding cash buyers, and evaluating an area to know whether to invest or not.

Income Hacker with Ryan G. Wright

How to Flip Houses Out of State

John Bowens is with Equity Trust and joins us today to talk about making tax-free profits using a self-directed retirement plan. He talks about the differences between Traditional vs Roth IRA, ways to use money in a self-directed plan, and so much more!

How To Make Tax-Free Profit with John Bowens

This week we're taking on code violations. Let's talk about what Code Violations are, how they can KILL your profit. Also we'll touch on how you can use them to find deals and working with contractors to fix violations.

Buying a House with Code Violations

Ed Kelso is a member with DoHardMoney. He talks about his journey to becoming a fix and flipper, the challenges that he faced and how it has changed his life for the better.

A Flipping Success with Ed Kelso

In this live cast I'm going to talk with you about the time frame on a flip and how many flips you can do in a year. We'll also talk about who you need on your flip team, where you should get started, how to do more flips, and how much you should expect to make!

How Many Houses Can You Flip In A Year

Today I'll be going over the foreclosure process, how to find homes BEFORE they go into foreclosure, finding homes in foreclosure that have equity. And how to structure deals that make you money.

How To Flip Foreclosed Houses

People often ask me what's the best real estate to invest in? I'm going to talk about the 18 different types of real estate, the strategies and ways that you can invest, how you can invest in a property without having to own it, and the 39 ways you can make money with real estate.

The Best Real Estate To Invest In

Today’s guest is a great friend of mine, Andy McFarland. He founded 7 Figure Flipping Mastermind back in 2016. With a passion for education and mentoring others to become successful. We talk about real estate, how to get started with wholesaling, wholesaling vs fix & flip, and leaving a legacy.

The Truth of Wholesaling With Andy McFarland

Lets talk about how to find properties most people are overlooking. For rent by owner method. Easy ways to get sellers to pick up their phones and talk to you.Timing is everything contacting the right person at the right time can completely change the way you find real estate investment deals. And finally this method is perhaps the best way to find properties with NO Marketing expenses!

Finding Deals Using For Rent By Owner

In this live cast I'm going to explain how you can determine and calculate whether or not you have a good rental property. I'm also going to share with you how to plan and factor for the unexpected expenses and some pro tips to deal with them. Find out what most people are missing and how to know the true cash flow from a rental property.   Remember to watch every week at 6pm EST on Youtube. Don’t forget to subscribe for reminders about future live casts and other essential investment resources.

Rental Properties Part 3 - Determining Financials

Today I'm going to show you my tried-and-true method for determining the profitability of a rental property, the 5 ways rental properties make you rich, why cash flow should be the #1 goal. I'm also going to go over which unexpected expenses will ultimately ruin your investment. Thanks for watching, and remember to watch every week at 6pm EST. Don’t forget to subscribe for reminders about future livecasts and other essential investment resources. See how we can help with your real estate goals: https://dohardmoney.com/youtube-get-started Flip faster and smarter with Investor's Edge: http://dohardmoney.com/fff-info-page Real people, real stories: https://www.youtube.com/watch?v=eCS5wNzu6Q4 Free House Flipping Calculator: https://www.dohardmoney.com/smarter-calculations 0:00 Countdown 0:20:25 Introduction 0:32:20 Real Estate Market Update 0:40:00 Covid 19 Update 0:49:05 Rental Property ROI 1:07:08 Free Rental Calculator

Rental Properties Part 2 - Finding A Rental ROI

This week during the live cast we talk about how to determine which areas are viable options for long-term rentals, Deal-killing factors that should make you walk away ON THE SPOT, the difference between "cheap" and a "good deal" and how Burger King ruined my first rental! 0:00 Wait Room 11:47 Intro 15:58 Swag 23:21 Housing Forecast 33:20 Covid-19 Update 41:30 How To Evaluate Rental Properties 44:00 Crime 46:20 Busy Streets 49:15 "Burger King House" 57:53 Recap

Rental Properties Part 1 - Choosing the Right Neighborhood

Jon has a plan. He wants to make a difference in this world. He’s devoted years of his life to help those in need where he lives. Unfortunately, all dreams, even the most selfless ones, need funding to operate. After circling around the real estate industry for years, Jon’s back at it again, with the intent to make some money as well as position himself to make an impact in his community for decades to come. Of course, no goal is ever complete without its struggles. There’s no doubt that the process of contacting sellers takes its toll on many investors, including Jon. Thankfully, Ryan knows some ways to ease that stress. Additionally, Jon has a mountain of resources right under his nose that he hasn’t taken full advantage of yet, all in Investor’s Edge. In today’s episode, Ryan’s going to show Jon what’s under the hood with Investor’s Edge instead of just the fancy paint job. The world is in need of more people like Jon who want to give back to the communities they live in and are willing to put in the work to make it happen. Specifically, Jon runs his own non-profit, helping children with fractured backgrounds express themselves through performance art. After hearing his story, you can’t help but want to see Jon succeed. The question is “How is real estate going to get him there?” This week’s Coach’s Corner is packed with tons of tips on some of the leading real estate investment strategies, specifically the BRRR method and financing options with good and bad credit. Here are some of the other topics you’ll hear about in today’s episode: The multitude of ways to contact owners. Building a list of contacts. The concept of “skin in the game.” Why credit matters for BRRR. The “1% Rule”   “If your credit is not great...I really recommend you start working on some credit repair. The cost you have to pay to do something like that, you’ll more than save in points and interest when you’re doing deals.” —Ryan G. Wright   Podcast Summary: 0:00 - Podcast Introduction 1:10 - Learning about Jon and how he got to this point in his life. 6:49 - What drives Jon to get more out of his life. What is his “why?” 10:40 - The obstacles in Jon’s way and how he is going to overcome them. 12:21 - Skip tracing: the underrated tool of the savvy investor. 14:33 - All the things you can do with Investor’s Edge within minutes. 15:27 - Jon’s unfortunate experience with knocking on doors. 16:59 - Ryan’s alternative to speaking to owners directly: voice broadcasting. 17:42 - Building a master list using hyper-targeted Investor’s Edge filters. 20:31 - Putting your own “skin in the game” to minimize lender risk. 22:00 - Combining different forms of financing to land “base hits” instead of looking only for “home runs.” 22:44 - The impact of your credit score and how credit repair can make a huge difference in the long run. 23:58 - Diving into the BRRR strategy and seeing if it’s a smart tactic for Jon’s situation. 29:31 - Jon talks about how today’s coaching has opened his eyes. 31:12 - Which would I rather spend to find properties, my time or my money? 31:46 - Target marketing vs broadcast marketing. 32:48 - Using the “1% Rule” to gauge future returns on a rental property. 33:34 - The ethics of setting and raising rents in blue-collar areas. 36:05 - Big picture strategies and wrapping up with Jon.

Coach's Corner Jon Lattimore

Lashauna is pretty new to the real estate world, and while Ryan sees that status as an opportunity to guide her to success, others might see that as a chance to take advantage of her inexperience. This is where wholesalers have snuck in, trying to convince Lashauna to go along with deals that are unfavorable to her. Thankfully, Ryan is here to back her up and protect her best interests. With some tips from Ryan and a little bit of practice, Lashauna can cut out some of these middlemen that are dragging her down and get straight to making profitable deals herself. Today Ryan’s speaking to Lashauna about the best ways to navigate the market while staying wary of people who can ultimately kill a deal or cut her profit margin. As Lashauna explores deeper and deeper into the real estate world, she’s come across concepts that she’s unfamiliar with and needs to fill those gaps before she can really get her foot in the door. Ryan is here to address those and answer some of the most popular questions that are stuck in the minds of new investors. Ryan knows that everyone you meet during a real estate transaction is out for their own paycheck, and because of that, you need to be extra careful to protect yours. Wholesalers, real estate agents, contractors, etc., each have their place in transactions. While they can be a great help at times, they can also be an enormous weight on investors’ shoulders. The trick is finding the balance, and that’s what we’re covering in this special episode of Coach’s Corner. In addition to what we just mentioned, Ryan is also covering the following topics that can help anyone on their own investment journey: When to hire a real estate agent. Property inspections. Appraisals. Title insurance and title companies. Scope of work. Material lists and material grades. Project management.   “The best thing is to always put your earnest money down and give yourself as long as you can and always make it refundable. Then negotiate with the seller to get the longest terms you can.” —Ryan G. Wright   Podcast Summary: 1:02 - Getting to know Lashauna, her story, and what motivates her. 3:34 - Ryan’s overview of wholesalers, and the pros and cons of working with them. 7:37 - Searching for a property with a real estate agent and without one. 8:32 - The ins and outs of title insurance. 9:41 - The differences between property inspections and appraisals. 12:47 - It’s almost closing time. Should I use a title company or a lawyer? 15:07 - Earnest money: ensuring that I can get it back. 16:48 - Overview of the scope of work. 17:13 - Talking about materials lists and keeping an eye on the general contractor. 18:54 - Why I should care about different grades of building materials. 20:35 - How to know if there’s a lien on a property. 22:36 - Finding value estimates, equity, comparables, and more in Investor’s Edge. 24:29 - Ensuring that you’re targeting the right areas by looking at price ranges. 25:55 - The advantages of having a project manager. 26:58 - Wrapping up with Lashauna.

Coach’s Corner with Lashauna Beckett

Most people look at a dollar, or a hundred dollars, or even a million dollars, and think about ways they can spend it. In reality, money is so much more than just its buying power. Today, we’re talking about its investing power. In this episode our friend and money mastermind, Chris Naugle, is going to teach you a principle you should never forget, the one thing that unites us all: people always want to make more money. Once you realize this concept, you think less about how you can spend your money, and more about how your money can be a problem solver for others, and that’s where your money can start to grow. Today’s guest has a whole laundry list of titles, so long that it’s hard to pin him to just one thing. He’s a former professional snowboarder, financial advisor, and a stock broker, managing millions in assets. He has been featured on HGTV Risky Builders, he’s made hundreds of real estate transactions, and so much more. It’s time to stop “playing it safe” by hoarding every dime you have in the bank. It’s time to make your money work for you.  “The only way anyone can ever fail at anything is to quit….Every single successful person I’ve ever surrounded myself with has failed. And if they haven’t failed, they haven’t succeeded….You will learn more from each and every failure than you will ever learn from a success.” —Chris Naugle   Podcast Summary: 1:46 - Chris shares his story about the ups and downs of investing, and the roller coaster he’s gone through to achieve his dreams. 4:17 - Surrounding yourself with financial masterminds: Chris discusses how he gains knowledge and mentorship from those he looks up to. 6:02 - What happens when you ask a billionaire what they do with money? The truth about how money really works, and living the big lie. 7:55 - The secret of millionaires and billionaires: help people make money. 10:06 - Your money is bored in the bank. It should be working for you. 11:51 - Chris’s first income hack: using his childhood network to fund his dreams. 13:15 - First income income hacker mistake: impulsive investing without research. 14:34 - Chris motivates listeners to defy the fear and embrace failure. 16:49 - Debunking “Instagram” success stories. 19:03 - Freedom starts at the end of the road; Ryan calls it “reverse engineering your success.” 20:34 - HGTV’s illusion of reality. Real life deals don’t make for good TV. 24:08 - Chris’s biggest income hacker success: helping his mom use her money wisely.  25:29 - What would Chris do if he had to start all over? 26:13 - Teaching financial principles to the next generation. 28:18 - Wrapping up questions with Chris.   Link to Chris’s free training: moneyschoolrei.com/tmmm Think and Grow Rich by Napoleon Hill: https://www.amazon.com/Think-Grow-Rich-Landmark-Bestseller/dp/1585424331 Chrisnaugle.com https://www.facebook.com/ChrisMNaugle https://twitter.com/thechrisnaugle https://www.linkedin.com/in/chris-naugle-8b408a25/   “The problem in America is not what people don’t know, the problem in America is what people think they know that just ain’t so.” —Will Rogers

Giving Your Money a Purpose With Chris Naugle

The Income Hacker Podcast is for any individual and families who are interested in fast-tracking financial success. You'll hear experts discussing topics like generating a residual cash-flow, building wealth through real estate, financial literacy, creating a family legacy, and overcoming your fears. This podcast will help you change your relationship with money to become your servant rather than your master. Listen in to discover the Income Hacking process we use to help make our dreams a reality.

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Income Hacker with Ryan G. Wright

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