Today’s guest is the author of ABCs of Real Estate Investing, Ken McElroy. Along with Rich Dad Poor Dad by Robert Kiyosaki, Ken’s book inspired and motivated me to keep buying real estate.  If you are new to the real estate space, Ken has an interesting and relatable story to share. He grew up in the Seattle area and while in high school and college knew that he wanted to become a real estate investor. “I started managing properties, and that’s where I learned kind of the inside look of how they run, and it was obviously the best education that I got.” - Ken McElroy Ken learned how to turn around properties, make them profitable, and manage expenses by filling properties up with good people that pay their rent. Once he experienced what worked and didn’t work, he started to buy and own properties. Early on, Ken had a competitive advantage by working for a property manager and getting a real estate license. “The license itself is not necessarily needed to do transactions, that’s very true. But the knowledge that you get from the information I think can really help.” - Ken McElroy Now, Ken is up to a billion dollars in assets, still looking to buy properties, and running his business while navigating changes due to COVID and communicating with tenants. Show sponsors: HONOR - 10% off your order, use discount code START HOUSE HACKING SUCCESS - 10% off their house hacking course, use discount code STARTFM Interested in sponsoring the podcast? Please email chad@chadduval.com with “sponsor request” in the subject line. Follow Chad: Instagram: instagram.com/iamchadduval Twitter: twitter.com/iamchadduval Facebook: facebook.com/iamchadduval YouTube: youtube.com/iamchadduval Website: chadduval.com Email Club: chadduval.com/subscribe Follow Start FM: Start FM’s INSTAGRAM Start FM’s SHOW NOTES If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. Also, I love reading the reviews!

Start FM

From Property Manager to $1 Billion in Assets Under Management

John Lee Dumas is the founder and host of the award winning podcast, Entrepreneurs On Fire. With over 1 million monthly listens and 7-figures of annual revenue, JLD is spreading Entrepreneurial FIRE on a global scale. On this episode, we dive into John’s experience as a real estate broker and why he decided that it wasn’t the right path for him. Today’s episode is short, but packed with great advice for any aspiring entrepreneur!   In this episode we cover: John’s history in real estate The red flags of working a job you hate The importance of bringing value to the world “Be the best solution to a real problem”   Links from the show: John’s New Book - THE COMMON PATH TO UNCOMMON SUCCESS John’s Podcast - EOFIRE John’s INSTAGRAM UncommonSuccessBook.com   You can find the transcript of this episode over HERE. Transcripts of all episodes can be found HERE.   Show sponsors: HONOR - 10% off your order, use discount code START HOUSE HACKING SUCCESS - 10% off their house hacking course, use discount code STARTFM   Interested in sponsoring the podcast? Please email chad@chadduval.com with “sponsor request” in the subject line.   Follow Chad: Instagram: instagram.com/iamchadduval Twitter: twitter.com/iamchadduval Facebook: facebook.com/iamchadduval YouTube: youtube.com/iamchadduval Website: chadduval.com Email Club: chadduval.com/subscribe   Follow Start FM: Start FM’s INSTAGRAM Start FM’s SHOW NOTES   If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. Also, I love reading the reviews!

Are You and/or Your Business the Best Solution to a Real Problem?

John Madsen is a highly sought after consultant who teaches high-performance individuals and executive teams how to automate championship behavior to get championship results. His clientele ranges from Olympians, MLB Players, NFL players, and Corporate Execs to the ordinary dude who wants to win. Despite never playing a single down of high school football, John reached his childhood dream of playing in the NFL after playing for the University of Utah under legendary coach, Urban Meyer.   In this episode we cover: What motivates you? Away from pain or towards success? Forging your own path Exploiting opportunities Responsibility isn’t always convenient   Links from the show: John’s INSTAGRAM THE SHOW with John Madsen Johnmadsen.com   You can find the transcript of this episode over HERE. Transcripts of all episodes can be found HERE.   Show sponsors: HONOR - 10% off your order, use discount code START HOUSE HACKING SUCCESS - 10% off their house hacking course, use discount code STARTFM   Interested in sponsoring the podcast? Please email chad@chadduval.com with “sponsor request” in the subject line.   Follow Chad: Instagram: instagram.com/iamchadduval Twitter: twitter.com/iamchadduval Facebook: facebook.com/iamchadduval YouTube: youtube.com/iamchadduval Website: chadduval.com Email Club: chadduval.com/subscribe   Follow Start FM: Start FM’s INSTAGRAM Start FM’s SHOW NOTES   If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. Also, I love reading the reviews!

Creating a Championship Mindset With Former NFL Tight End John Madsen

Michael Becker is a Principal at SPI Advisory LLC and heads SPI’s Dallas, Texas office. Under Michael's leadership, over the past 8+ years SPI Advisory has acquired approximately 10,000 units in the DFW & Austin markets.   Prior to forming SPI Advisory, Michael was a 15 year veteran Commercial Real Estate Banker and has originated and managed numerous portfolios of permanent and bridge loans in all major asset classes. Over the last 5 years of his banking tenure, Michael focused exclusively on multi-family properties, where he was the number one loan producer for his division at a Top 3 National lender for his last 3 consecutive years.   Michael is a lifelong resident of North Texas and a graduate of The University of North Texas with a BBA in Finance.   In this episode we cover: What a syndication is and how to utilize it to grow your real estate portfolio The three “F’s” - Family, Friends and Fools Debt options for your syndication   Links from the show: Michael on LINKEDIN Michael’s new show - THE MULTIFAMILY INVESTING SHOW SPI ADVISORY OLD CAPITAL PODCAST   You can find the transcript of this episode over HERE. Transcripts of all episodes can be found HERE.   Show sponsors: HONOR - 10% off your order, use discount code START HOUSE HACKING SUCCESS - 10% off their house hacking course, use discount code STARTFM   Interested in sponsoring the podcast? Please email chad@chadduval.com with “sponsor request” in the subject line.   Follow Chad: Instagram: instagram.com/iamchadduval Twitter: twitter.com/iamchadduval Facebook: facebook.com/iamchadduval YouTube: youtube.com/iamchadduval Website: chadduval.com Email Club: chadduval.com/subscribe   Follow Start FM: Start FM’s INSTAGRAM Start FM’s SHOW NOTES   If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. Also, I love reading the reviews!

How This Investor Went From 16 Units to Over 10,000 in 8 Years

Terry has been in the real estate industry flipping, building, wholesaling and owning rental properties since 2002. Over the course of his career he’s done over 1,000 flips in the Raleigh, NC area and continues to grow his business remotely. It’s a great conversation where we dissect his team’s strategies for grabbing off market deals (hint: tons of cold calls) and strategies he’s using to get hit team 100% remote.   In this episode we cover: How systems should be your number one focus The importance of having a good team Why Terry went from running 88 flips at once, to firing his team and selling off everything Marketing strategies Terry and his team uses   Links from the show: Terry’s events - TAB TRIBE Terry’s INSTAGRAM   You can find the transcript of this episode over HERE. Transcripts of all episodes can be found HERE.   Show sponsors: HONOR - 10% off your order, use discount code START HOUSE HACKING SUCCESS - 10% off their house hacking course, use discount code STARTFM   Interested in sponsoring the podcast? Please email chad@chadduval.com with “sponsor request” in the subject line.   Follow Chad: Instagram: instagram.com/iamchadduval Twitter: twitter.com/iamchadduval Facebook: facebook.com/iamchadduval YouTube: youtube.com/iamchadduval Website: chadduval.com Email Club: chadduval.com/subscribe   Follow Start FM: Start FM’s INSTAGRAM Start FM’s SHOW NOTES   If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. Also, I love reading the reviews!

Building a Business, Not Just a High Paying Job

Aaron’s real estate career started at five years old fixing houses in his father’s flip business. After living in NYC for almost a decade, he joined the family hard money business as a mortgage officer and researcher, producing numerous market timing reports and award-winning resources for the real estate community. As VP of Market Insights for PropertyRadar, he speaks and writes nationally on trends & the power of public records that help Main Street compete with Wall Street.   You’ll find his works on Forbes.com, Think Realty Magazine and BiggerPockets. He’s also been directly involved in raising over $2M for charities since 2008.   In this episode we cover: How to be specific with large absentee owner lists Being hyper focused on who you’re marketing to Large surge of foreclosures due to pandemic is highly unlikely at this point Slicing and dicing property data The Rule of 7 The 211 hotline, which has Cares Act support for tenants and landlords   Links from the show: BUILDING WEALTH ONE HOUES AT A TIME Aaron Norris on LINKEDIN Aaron’s EMAIL PROPERTY RADAR CORPORATION WIKI LLC RESEARCH VIDEO   You can find the transcript of this episode over HERE. Transcripts of all episodes can be found HERE.   Show sponsors: HONOR - 15% off your order, use discount code PODCAST17 HOUSE HACKING SUCCESS - 10% off their house hacking course, use discount code STARTFM   Interested in sponsoring the podcast? Please email chad@chadduval.com with “sponsor request” in the subject line.   Follow Chad: Instagram: instagram.com/iamchadduval Twitter: twitter.com/iamchadduval Facebook: facebook.com/iamchadduval YouTube: youtube.com/iamchadduval Website: chadduval.com Email Club: chadduval.com/subscribe   Follow Start FM: Start FM’s INSTAGRAM Start FM’s SHOW NOTES   If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. Also, I love reading the reviews!

How to Use Data to Find off Market Deals

Today we’re joined by Bradley LaBrie from househackingsuccess.com. I really enjoyed my chat with Brad, who started his real estate career in 2014 with a live-in flip that went horribly wrong. Because of construction and tenant issues (his tenant even got murdered!), Brad lost every penny on his first deal. Even though he had a rough start, he kept moving forward. We get into that crazy “murder-y” first deal and also discuss the benefits of doing a bad real estate deal and how it will pay you back ten-fold throughout your career.   In this episode we cover: Everything about house hacking How Brad lost every penny on his first deal Listening to podcasts will never replicate the experience you gain from your first deal Low down payment options for getting into real estate Navigating Covid-19 Low interest rates make it the best time to get your first house hack   Links from the show: Brad’s Book - HOUSE HACKING SUCCESS Brad’s INSTAGRAM House Hacking Success PODCAST   You can find the transcript of this episode over HERE. Transcripts of all episodes can be found HERE.   Show sponsors: HONOR - 15% off your order, use discount code PODCAST17 HOUSE HACKING SUCCESS - 10% off their house hacking course, use discount code STARTFM   Interested in sponsoring the podcast? Please email chad@chadduval.com with “sponsor request” in the subject line.   Follow Chad: Instagram: instagram.com/iamchadduval Twitter: twitter.com/iamchadduval Facebook: facebook.com/iamchadduval YouTube: youtube.com/iamchadduval Website: chadduval.com Email Club: chadduval.com/subscribe   Follow Start FM: Start FM’s INSTAGRAM Start FM’s SHOW NOTES   If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. Also, I love reading the reviews!

Everything You Need to Know About House Hacking

On today’s show, we talk with Chris Naugle. Chris is an entrepreneur who has done a ton of cool shit in his life! From owning a clothing brand right out of high school, to being a pro snowboarder, to even doing over 260 house flips throughout his real estate career. In both 2008 and 2014 Chris lost everything and has rebuilt himself for a third time. We get into his latest show on HGTV, Risky Builders, and the challenges it can cause to have a film crew following you around all day… It’s really an awesome interview and hope you guys enjoy!   In this episode we cover: What the wealthy do differently with their money Whole life insurance investing Getting humble during the hard times How working towards your perfect day is more important than chasing a dollar figure The story of how Chris got a show on HGTV   Links from the show: Chris’s Book - MAPPING OUT THE MILLIONAIRE MYSTERY Chris’s Book - THE PRIVATE MONEY GUIDE Chris’s Website - CHRISNAUGLE.COM Chris’s INSTAGRAM Chris’s PODCAST Chris’s Show On HGTV   You can find the transcript of this episode over HERE. Transcripts of all episodes can be found HERE.   Show sponsors: HONOR - 15% off your order, use discount code PODCAST17 HOUSE HACKING SUCCESS - 10% off any purchase, use discount code STARTFM   Interested in sponsoring the podcast? Please email chad@chadduval.com with “sponsor request” in the subject line.   Follow Chad: INSTAGRAM TWITTER FACEBOOK YOUTUBE WEBSITE EMAIL CLUB   Follow Start FM: Start FM’s INSTAGRAM Start FM’s SHOW NOTES   If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. Also, I love reading the reviews!

Flipping Over 260 Houses With the Host of HGTV's Risky Builders

In this episode, we’re honored to have Scott Trench from biggerpockets.com stop by. FYI this episode was recorded almost a year ago, so all the references to traveling and dates can make it a little wonky. It’s a great episode where dive into Scott’s real estate journey which ultimately lead him to becoming the CEO of Biggerpockets.   In this episode we cover: Why boring real estate is usually the best real estate Correctly matching personalities with your business partner by utilizing Disk Profiling Why Scott believes “integrity” and “competence" are the cornerstones of every partnership How to house-hack and reasons why it’s the best way for the middle class to invest in real estate with little money down   Links from the show: Scott’s Book - SET FOR LIFE Scott’s Biggerpockets PROFILE Scott’s INSTAGRAM MR. MONEY MUSTACHE Biggerpockets PODCAST   You can find the transcript of this episode over HERE. Transcripts of all episodes can be found HERE.   Show sponsors: HONOR - 15% off your order, use discount code PODCAST17 HONEYBOOK - 50% off your first year   Interested in sponsoring the podcast? Please email chad@chadduval.com with “sponsor request” in the subject line.   Follow Chad: Instagram: instagram.com/iamchadduval Twitter: twitter.com/iamchadduval Facebook: facebook.com/iamchadduval YouTube: youtube.com/iamchadduval Website: chadduval.com Email Club: chadduval.com/subscribe   Follow Start FM: Start FM’s INSTAGRAM Start FM’s SHOW NOTES   If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. Also, I love reading the reviews!

From House-Hacker to the CEO of Biggerpockets

It’s with a heavy heart we publish this episode. On December 3, 2020 we lost today’s guest to Covid-19. I’m very fortunate to have met this incredible man and real estate investor. On today’s episode, we discuss Rick's Instagram account and his many stories, good and bad, gathered from 40+ years in real estate. Hope you guys get some good value out of this conversation we recorded back in October. RIP Rick, you will be missed. In this episode we cover: Losing $2M and 26 properties to a tornado How to screen your tenants properly The importance of having a dream How Rick got to be a guest on the Biggerpockets Podcast   Links from the show: Rick’s INSTAGRAM Smart Move Rick’s YOUTUBE   You can find the transcript of this episode over HERE. Transcripts of all episodes can be found HERE.   Interested in sponsoring the podcast? Please email chad@chadduval.com with “sponsor request” in the subject line.   Follow Chad: Instagram: instagram.com/iamchadduval Twitter: twitter.com/iamchadduval Facebook: facebook.com/iamchadduval YouTube: youtube.com/iamchadduval Website: chadduval.com Email Club: chadduval.com/subscribe   Follow Start FM: Start FM’s INSTAGRAM Start FM’s SHOW NOTES   If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading the reviews!

Learn How to Manage 125 Houses With Only a Few Employees

Jake and Gino in the house! Today, these guys join me on the show and we cover a ton of topics surrounding multifamily investing. I love this episode because we get into the tangible and tactical stuff that you can do today to better your real estate business. Everything they learned on their very first 24 unit all the way up to their current portfolio of over 1,600 units.   In this episode we cover: Value adds and getting more income from your properties Building credibility with banks and brokers R.U.B.S. (ratio utility billing service) Sure bonds Business partnerships Trash bill “price creep” Weekly vs yearly rentals “Refi and roll” Headaches from their first property   Links from the show: jakeandgino.com The Honey Bee 99 Homes Movie Jake & Gino’s credibility book Wheelbarrow Profits Podcast Jake & Gino’s YouTube Channel Chad Duval’s Instagram   You can find the transcript of this episode over HERE. Transcripts of all episodes can be found HERE.   Show sponsors: BUILDIUM - 15 day free trial HONEYBOOK - 50% off your first year   Interested in sponsoring the podcast? Please email chad@chadduval.com with “sponsor request” in the subject line.   Follow Chad: Instagram: instagram.com/iamchadduval Twitter: twitter.com/iamchadduval Facebook: facebook.com/iamchadduval YouTube: youtube.com/iamchadduval Website: chadduval.com   Follow Start FM: Start FM’s INSTAGRAM Start FM’s SHOW NOTES   If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading the reviews!   Have a question you want answered on air? Leave a voice message here: 1-415-WE-START (1-415-937-8278)   Sign up for Chad’s Email Club at chadduval.com/subscribe.

The Ups and Downs of Acquiring 1,600 Units in 6 Years

Chad is taking the week off for the Thanksgiving Holiday. He'll be back next week with Jake & Gino. Follow Chad: Instagram: instagram.com/iamchadduval Twitter: twitter.com/iamchadduval Facebook: facebook.com/iamchadduval YouTube: youtube.com/iamchadduval Website: chadduval.com   Follow Start FM: Start FM’s INSTAGRAM Start FM’s SHOW NOTES   If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading the reviews!   Have a question you want answered on air? Leave a voice message here: 1-415-WE-START (1-415-937-8278)   Sign up for Chad’s Email Club at chadduval.com/subscribe.

Happy Thanksgiving Week!

Rod Khleif has been a real estate investor for the past 30 years has owned over 2,000 units. Rod shares his fascinating real estate investing journey and how he uses his massive goals to fuel him. Today, we dive into the techniques he uses to attract things into his life, whether it be real estate or that giant yacht he’s always wanted. If you’re looking for tangible strategies you can implement today or just some funny “war stories,” this episode is for you!   In this episode we cover: Getting a mentor Losing $50M dollars Helping others Goal setting Law of attraction Vision boards Repositioning a 403 unit apartment complex   Links from the show: Rod’s INSTAGRAM Rod’s Gift: TOOL BOOK Rod’s BOOT CAMP (use Promo Code: CHAD to get $100 off) Rod’s BOOK   You can find the transcript of this episode over HERE. Transcripts of all episodes can be found HERE.   Show sponsors: BUILDIUM - 15 day free trial HONEYBOOK - 50% off your first year   Interested in sponsoring the podcast? Please email chad@chadduval.com with “sponsor request” in the subject line.   Follow Chad: Instagram: instagram.com/iamchadduval Twitter: twitter.com/iamchadduval Facebook: facebook.com/iamchadduval YouTube: youtube.com/iamchadduval Website: chadduval.com   Follow Start FM: Start FM’s INSTAGRAM Start FM’s SHOW NOTES   If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading the reviews!   Have a question you want answered on air?Leave a voice message here: 1-415-WE-START (1-415-937-8278) Sign up for Chad’s Email Club at chadduval.com/subscribe.

How Rod Khleif Got to Over 2,000 Doors

Love episodes where you cover so many topics? Well this show is definitely for you.   David Pere teaches us about VA loans and how everyone in the military can utilize them to get started in real estate. He gives details about the qualifications needed for the loan as well as the benefits that come along with it. We also zig and zag through ways to hire a property managers, how to efficiently write yellow letters and even get into how he had to a dead tenant. David is an entrepreneur, a Marine, a real estate teacher and today he’s on Start FM.   In this episode we cover: VA Loans House hacking Yellow letters Living with your tenants RUBS (Ratio Utility Billing Service) Multifamily Utility Company Appraisals Questions to ask when looking for a property manager Dealing with a dead tenant   Links from the show: List Source Military Millionaire Podcast David Pere's Website The War Room Rich Dad Poor Dad Things to Avoid When Hiring a PM   You can find the transcript of this episode over HERE. Transcripts of all episodes can be found HERE.   Show sponsors: BUILDIUM - 15 day free trial HONEYBOOK - 50% off your first year   Interested in sponsoring the podcast? Please email chad@chadduval.com with “sponsor request” in the subject line.   Follow Chad: Instagram: instagram.com/iamchadduval Twitter: twitter.com/iamchadduval Facebook: facebook.com/iamchadduval YouTube: youtube.com/iamchadduval Website: chadduval.com   Follow Start FM: Start FM’s INSTAGRAM Start FM’s SHOW NOTES   If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading the reviews!   Have a question you want answered on air? Leave a voice message here: 1-415-WE-START (93-78278)   Sign up for Chad’s Email Club at chadduval.com/subscribe

This ONE Loan Type Could Get You in the Real Estate Game

Today we’re changing up the show and doing a “podcast within a podcast.” In this episode we’ll be listening to an interview I did with Ola Dantis on the Dwellynn Show a few months ago. We dive into my real estate story and share tips and techniques I learned through my journey. We also discuss how I spent 10 years moving around the country tasting different jobs, like working the graveyard shift at Kohl’s to stocking shelves at Sherwin William, until I finally found my love for real estate. Hope you guys get some value out of this discussion! In this episode we cover: USDA Rural Development Loans House hacking Living with your tenants Getting cash back at closing Taking risks early Being broken into by tenants Links from the show: Chad Duval’s INSTAGRAM Chad Duval’s WEBSITE Never Split the Difference  You can find the transcript of this episode over HERE. Transcripts of all episodes can be found HERE.  Show sponsors: BUILDIUM - 15 day free trial HONEYBOOK - 50% off your first year Interested in sponsoring the podcast? Please email chad@chadduval.com with “sponsor request” in the subject line. Follow Chad: Instagram: instagram.com/iamchadduval Twitter: twitter.com/iamchadduval Facebook: facebook.com/iamchadduval YouTube: youtube.com/iamchadduval Follow Start FM: Start FM’s INSTAGRAM Start FM’s SHOW NOTES If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading the reviews! Have a question you want answered on air? Leave a voice message here: 1-415-WE-START (1-415-937-8278) Sign up for Chad’s Email Club at chadduval.com/subscribe.

Using 0% Down, USDA Loans and House Hacking Your First Deal

Welcome to Start FM, hosted by active real estate investor and entrepreneur, Chad Duval. Struggling to buy your first rental property? He’s been there too. It took him years to conquer the fear, anxiety and confusion surrounding that first deal. In this show Chad unpacks the stories of successful real estate investors and puts a special emphasis on how they got started. Through these conversations they try to tease out the techniques they used and find ways to implement them ASAP. Find out more about the show at www.chadduval.com and on Instagram @officialstartfm and @iamchadduval.

hubhopper

Start FM

hubhopper