Collecting Keys - Real Estate Investing Podcast
In the 'Collecting Keys - Real Estate Investing Podcast,' seasoned Real Estate experts Mike DeHaan and Dan Austin discuss how to use Real Estate to create Massive Income not just Passive Income.
Real estate doesn't have to be a get-rich slow game, and by bringing over 500 successful deals worth of experience in three years, their episodes unpack the art of real estate investing, wholesaling, house flipping, and transforming properties into profitable rentals.
Listen as they share uncensored insights and strategies, from compelling guest interviews revealing personal journeys and finding off-market deals to in-depth deal analyses and the latest market trends.
Whether you're taking your first investment step or scaling up your portfolio, embark on your investment journey with the Collecting Keys podcast - where every episode unlocks a door that brings you one step closer to financial freedom so you can finally live the life of your dreams.
Collecting Keys - Real Estate Investing Podcast
EP 469 - Your Desperate Deals are Destroying Your Real Estate Biz
What did you think of todays show??
New and experienced investors are making a lot of mistakes in this market. Whether it's out of desperation or overconfidence, people are ignoring red flags, not calculating risk correctly, and chasing deals that can destroy their business. In this episode, you'll learn the real value of cash in this market and how to weigh risk in every deal so you can stay in the game!
Topics discussed:
Introduction (00:00)
What new investors get wrong about cap rates vs. appraisal value (02:42)
Section 8 abuse and the truth about cash flow (05:04)
How DSCR requirements have changed (09:29)
How lenders are cracking down on DSCR fraud (12:13)
Why your first flip shouldn’t be a big project (13:45)
The major math mistake new investors make (16:36)
Balancing reward vs. risk in real estate (18:03)
Why a “long-term investing mindset” is dangerous for new investors (21:13)
What newbies need to know about their first big loss (23:51)
Why comps in this market are unreliable (28:12)
Where experienced investors turn for true passive income (30:42)
Sign up to join the FREE Scale Community! https://collectingkeys.com/
Want deeper breakdowns like this every week? Subscribe to the Collecting Keys newsletter! https://collectingkeys.com/newsletter/
Follow us on Instagram!
https://www.instagram.com/collectingkeyspodcast/
https://www.instagram.com/mike_invests/
https://www.instagram.com/investormandan/
https://www.instagram.com/dylan_does_deals
This episode was produced by Podcast Boutique https://www.podcastboutique.com