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What makes every REL Freedom story exciting and interesting is that everyone is taking a different approach to building their income and wealth. For Jack Duffley, he's using a few different techniques and combinations on his journey to financial independence. By day, Jack is an attorney who recently opened his own practice after spending time previously working for a large law firm doing commercial real estate work. Outside of that, he's worked at a few different real estate investing projects, having done a house hack and had various rentals in Chicago, Houston, and Indianapolis. Understanding the need to diversify and grow his income, he also acquired a steam cleaning business doing $300k/yr in revenue and recently hired a manager to run most of that so that he can remain hands off. Jack is also the author of "The One Property Retirement: A Simple Strategy for Building Your Nest Egg" in addition to documenting his journey to grow his Net Worth on...

Are you looking for a way to invest in real estate much more passively without all the hassle of managing a property and executing on the strategy? A real estate syndication might be the perfect investment option for you. Let's discuss what real estate syndications are and why they're a great choice for passive investors.

What is a Syndication?

In simple terms, a syndication is a group investment in a real estate property. It allows a group of investors to pool their money together to invest in a property (known as limited partners), while one or more real estate professionals manage the property and execute a strategy (known as general partners). Investors who join syndication get to enjoy the benefits of investing in real estate without having to be actively involved in the management of the property.

Types Of Syndications

Because a syndication is a selling of a security, the IRS wants to make sure that things are set-up property. Without going too...

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As a plumber, Conor Kelly was making over 100k/yr, but wasn't able to live the life that he wanted. He decided to get his real estate license and committed to doing 2 Tiktoks per day for 2 years and has now turned that into 30k+ followers and 57 transactions in his first year of real estate. He now manages and coaches a team of 25 agents in the Vancouver area on how to do that same and is the host of the Big Deal Real Estate Podcast.

We discuss how being on social media has allowed Conor to let his clients get to know him and build a relationship with him before they even pick up the phone and talk to him the first time. This allows him to make great use of his time and connect with thousands of people vs cold calling people one at a time. He talks about how he's able to attract a younger audience and how he's gotten to quality on his social media posts because of the large quantity of content first.

In this episode hosted by Mike...

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Growing up in a family that did fix & flips and buy & hold properties, Alison Alston saw the benefits of real estate investing at an early age and how it can open up opportunities for generational wealth. However, she didn't pursue that path right out of college and ended up becoming very successful working in the Northeast in education and donor relations. Not wanting to travel all the time for her job, Alison moved to Charlotte, NC, and decided to get her real estate license.

She found an amazing team that fit her well. In fact, after 2 years as an agent on the team, an opportunity opened up for her to purchase that team. She now owns and operates Lodestone Real Estate, which was recently named #15 in the 2023 RealTrends rankings for the largest real estate teams in the county. A big part of her business is working with investors through some large iBuyer programs she runs in her area - iAgent Offer and Shop Cash Offers. We discuss...

 When you're looking to build your investment portfolio, too many times we see people try to do it all themselves. They often tend to get overwhelmed by all that they don't know, and end up not taking any action. It's important to remember that you have very powerful people that can help you get closer to your goals much faster than doing it by yourself.

So just like a three legged stool, there are three key legs to your real estate investor team, and this applies whether you live in that city or not.

#1) An Investor-Focused Real Estate Agent

There are a lot of fantastic real estate agents out there in the residential space, and some of them have investors they work with on the side, yet if you're looking for top notch knowledge and experience to give you the best opportunity for success, it's a great idea to find somebody that works primarily with investment real estate.

In many cases (not all), the buyers agent commission gets paid out of the commission the...

Oftentimes when people think about real estate investing, they are immediately concerned because they think that it means they'll have to respond to tenants phone calls at 2am staying that their toilet isn't working or they no longer have heat in their home, and you have to instantly drop everything and go help them out.

That's what I thought about too, until I got into it and realized that, depending on your personal preferences, there are many different layers that can insulate you from feeling like you're taking on a 2nd job managing the property or building your portfolio.

So it's helpful for you to ask the question "how active do I want to be in managing my real estate investments?" Some people like getting their hands into things and being involved in the day to day operations and the decision making. Some don't. The good news is you get to choose, and there are opportunities out there that fit the entire spectrum! Plus, it's not just in the management of the property, but...

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If you live in their franchised territory, inevitably you have seen billboards and commercials for "We Buy Ugly Houses" also known as HomeVestors of America, Inc. They are the leading home buyer in the country, helping more than 10,000 people sell their homes every year. What does it look like to run one of their franchises? Jeff Hotz is a top franchisee of the company, is based out of Columbus, Ohio, and has ran his franchise with HomeVestors since 2013.

Prior to being in real estate, Jeff served in the Marines and US Navy. Today he discusses how linking up with a proven franchise has helped him grow his investing business and his real estate portfolio, and how he's had to adapt and shift as the market has changed over the years. We also discuss their in-house lending and private money arm that has allowed him to acquire properties and execute on the 5 exit strategies for each property he runs across: Assign, Wholesale, Wholetail, Retail, and...

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Scott Carson, affectionately known as "The Note Guy" has been in the mortgage, finance, and banking industry since 2001 and an active real estate investor since 2002. In his career, he has acquired over $1 Billion in distressed debt, having purchased hundreds of notes in 20-30 states across the US. As CEO and Founder of the Austin, Texas based We Close Notes, Scott is the host of The Note Closers Show and Note Night in America. In addition, he is a featured speaker, educator, trainer, and coach at real estate investing workshops and conferences across the country. He's very active on social media to help grow his business, having almost 30,000 followers on LinkedIn, over 7,000 subscribers on Youtube and has posted over 1,700 videos on his channel.

In this episode hosted by Mike Swenson, we discussed:

• How Scott kept going after being shut down with his first investments as a landlord and became a full-time real estate investor and started...

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Mike Kaeding has a big mission "to solve America's housing shortage by transforming the way apartments are built and managed. And in doing so, I will improve the way we all live." Having taken over the family business after his dad unexpectedly passed away, Mike didn't know how things "were supposed to be done." He used his ignorance as an asset. He asked questions. He looked at things from a fresh perspective. In doing so, he's been able to build Norhart into a company that does things differently than most.

Norhart is able to build apartment building for 20-30% less than other developers. They are extremely passionate about hiring the best people they can, which led them to hire 14 recruiters to go out and find the best! How about flying in construction employees from across the US to work on their development projects? How about offering them unlimited time off? They are building an attractive culture unique to the construction industry...

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Benjamin Franklin famously said back in 1789 "Nothing is certain but death and taxes." Jodi Nielsen would quickly chime in "I can help defer one of them." Jodi is a Sr. Account Executive for Cost Segregation Services Inc (CSSI) which has performed over 40,000 Cost Segregation studies. The goal of having a cost segregation study on your investment property is to help accelerate up to 40% of a building's depreciation so that you can use your money now to help make more money. For every 500k on a building, they find that they are able to provide a tax savings benefit in the range of 40-80k (note: this is an estimate only. Your situation may be different).

After getting her degree in Nuclear Medicine and working as a Administrator of a Medical Clinic, co-owning a shipping and packing company, and serving as a consultant, Jodi found her home working for CSSI. She is extremely passionate about helping real estate investors free up capital that they can...