Leigh Brown: Crazy Shit In Real Estate Podcast

Podcast: Crazy Sh*t In Real Estate TM

Crazy Shit In Real Estate

Summary:

Are you interesting in real estate investing? Reed Goossens, a serial entrepreneur, real estate advisor, speaker, and author, gives us some straight talk about what to consider when investing in real estate. Listen in to learn the strategies he implemented to improve cash flow, protect investments, and build his American Dream. 


Please subscribe to this podcast in iTunes or in the Podcasts App on your phone. Never miss a beat from Leigh by visiting leighbrown.com


Time Stamped Show Notes:

  • 00:50 – Introducing Reed, a serial entrepreneur, real estate investment advisor, author, and public speaker
  • 01:05 – Controls $150 million-worth of multi-family commercial real estate; he left Australia to chase his American dream seven years ago
  • 02:40 – The barrier to entry is lower in the U.S. than in Australia; he realized he needed to buy more low-income properties to make more of a profit 
  • 04:05 – His strategy 
  • 04:30 – If he was going to be on the lower end of the market, he needed a larger portfolio; his property manager was able to manage the portfolio, not just one property
  • 05:22 – Cash flow vs. equity advancement
  • 06:45 – You can improve cash flow by upgrading units to get more money and better tenants; always look for value-adds
  • 07:45 – On how value-adds have changed
  • 08:15 – They’ve changed across the country and are sustainable; it’s important to lean into amenities as square footage average lessens 
  • 09:00 – On deals, investors, and partners
  • 09:30 – He works with partners and 3,200 different investors 
  • 09:55 – He finds investors through his podcast, connections, and referrals; they have a partnership or share in particular LLCs 
  • 11:30 – It’s important to ask better questions about investment real estate; it’s got many legal implications and complexities
  • 12:45 – How to contact Reed: You can find his podcast, books, and contact information on his website


3 Key Points

  1. Know your attorney and tax advisor when getting into real estate investing. 
  2. Consider cash flow and equity advancement. 
  3. Working with the right team will make you successful. 


Credits

Crazy Sh*t In Real Estate #171: Reed Goossens

Aired on:
October 24, 2019

Are you interesting in real estate investing? Reed Goossens, a serial entrepreneur, real estate advisor, speaker, and author, gives us some straight talk about what to consider when investing in...

Listen Now

More Episodes

14Jan

Crazy Sh*t In Real Estate #232: Micah Harr

January 14, 2021
13:56

What do you do when an angry 300-pound muscle-man screams at you to get out of your car? If you want to live to see tomorrow, you don’t. Micah Harr, a REALTOR® in Columbus, Ohio, is big on...

Read More
7Jan

Crazy Sh*t In Real Estate #231: Lauri Rottmayer

January 7, 2021
20:22

There’s nothing like making a flippin’ hedgehog friend in Flippin, Arkansas! Lauri Rottmayer, a new REALTOR® on the scene in Flippin, Arkansas, has been all over the world and is now bringing that...

Read More

What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.

Heading

Aired on:
This is some text inside of a div block.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Listen Now

More Episodes