Software Features

BROKERAGE SERVICES

Software Features

Property Data

Research properties and their owners, compile lists, and more.

MLS Comps

A multiple-listing service comparable tool.

Listings

List your properties with Propelio Realty for incredible savings.

Short Sales

If you have an underwater property, our experts can help.

For Education

Blog

Interesting and valuable articles from Propelio and the industry.

Academy

Real Estate education platform led by a team of professionals.

Propelio TV

A channel that gives daily updated archive of our live video.

Discover Propelio

About Us

Get to know Propelio better – explore our story and mission.

Map Coverage and Brokers

Shows MLS coverage and broker transactions in your state.

Referral Program

Share Propelio with friends and family to earn exciting rewards

Template is not defined.
Play Video

Weekly Real Estate Insights: Propelio TV Recap April 29 – May 3 | Investor Tips & Strategies

Welcome to this week’s edition of The Rewind, where we recap all the Propelio TV shows. Whether you’re a seasoned investor or just getting started, our weekly review helps you pinpoint which episodes are worth your time. Let’s dive into the goldmine of information shared this week.

Daniel’s Show on Water Leads

Daniel kicked off the week with a revisited episode on water leads, a hidden gem for real estate investors. A year and a half ago, this topic gained immense popularity, prompting a deeper dive this time around.

Reasons for Water Shut Off

  1. Can’t afford the water bill
  2. Moved
  3. Pipe burst
  4. Sold the house

Three out of these four reasons can lead to lucrative opportunities for investors. The key is to systematize the process of obtaining water leads, which Daniel has done meticulously. This meant fighting legal battles and overcoming obstacles from the Texas Utilities Code.

Getting Water Leads

  • Request from city secretary or city attorney: Contrary to what one might think, water leads are not requested from the water department but from government officials.
  • Specific system and wording: Daniel emphasized the importance of accuracy in language to ensure compliance with legal standards.

Unique Lead Sources

One of the standout lessons was to find something unique that no one else is doing, just like Daniel did with water leads. If water leads become too mainstream, find another untapped source.

Roughneck 2 Real Estate Show

Corey Thompson hosted an exciting episode that featured a newbie making a $14k profit in just 30 minutes. This story is a testament to the power of action over endless planning.

Quick Profits from Action

  • Driving around and taking action: The guest found a property, made an offer, and closed within a short span.
  • Listed on Facebook Marketplace: Sold quickly and profited $14,000.

Lessons from Losses

Corey also shared a personal story about losing money on a deal but framed it as a learning experience cheaper than paying a guru. This highlighted the invaluable lessons learned through experience.

Importance of a Great Team

Building and managing a reliable team can make or break your investment journey. Corey stressed this point by sharing his success stories.

Casey & Ryan’s Show with Artist Tanner

Entrepreneur and artist Tanner was the special guest, showcasing how an artistic mind can thrive in the business world.

Art Meets Business

  • Business Mindset: Tanner approached art with a business mindset, focusing on creating quick, sellable pieces rather than aiming for museum accolades.
  • Expanding Your Network: He emphasized the importance of networking outside of your industry to find potential clients.

Giveaway: Story of Love

Tanner is also giving away a painting to the person who shares the best “story of love” in the YouTube comments section of the episode. A unique approach to community engagement!

Learning Commercial Real Estate with Marty Wieder

This episode was a treasure trove for those interested in commercial real estate. Marty Wieder, the Economic Development Director of Grand Prairie, shared invaluable insights.

Economic Development Director’s Role

  • Essential Resource: Marty explained how economic development directors are pivotal in guiding where growth will happen in the city.
  • Incentives and Information: The city offers valuable data and incentives to attract investors.

Importance for Residential Investors

Residential investors can benefit hugely by understanding city plans and future growth areas, making their investments more strategic.

Commercial Cash Flow Cash Show

The focus this week was on the importance of property management, especially for large units (70+ doors).

Professional Management for Big Units

  • Property Management: Crucial for properties with 70+ units. Smaller units may not justify the cost.
  • Local Knowledge: Property managers with local expertise can offer invaluable insights, from avoiding issues with local codes to understanding market dynamics.

Real Estate Business Mastery with Michael Zuber

Michael Zuber joined to talk about his unique approach to building a rental portfolio, aptly summarized in his book, “One Rental at a Time.”

Building One Rental at a Time

  • Step-by-Step Approach: Michael’s journey focuses on acquiring one property at a time, making the process less daunting.
  • 6 Steps to Success: Learn the market, understand the numbers, define buying criteria, build a team, review goals, and assess past deals.

Firing Quickly

One of the practical tips was the importance of firing employees quickly if they are not a good fit, a crucial step in maintaining a productive team.

RE Divas Show on Section 8

This episode aimed to demystify Section 8 housing, often viewed with skepticism.

Advantages of Section 8 Tenants

  • Guaranteed Rent: Payments are deposited on the first of every month.
  • Difficult to Move: Tenants avoid damaging properties or missing payments due to the complex process of obtaining a Section 8 voucher.

Inspection Process

Regular inspections ensure properties are maintained. Knowing these details can help landlords maximize the benefits.

Advertising Tactics

Placing ads in free publications and on platforms like Craigslist helps attract potential Section 8 tenants.

Mr. Texas Real Estate Lead Generation

This episode was a masterclass in lead generation, featuring various methods to secure deals.

Deal Machine and Postcards

  • Persistent Mailings: Using Deal Machine for targeted mailings, with persistence being key (up to 10 times).
  • Billboards and Leads: Even traditional methods like billboards can yield results.

Networking Strategies

Dividing and conquering at networking events can maximize your reach and effectiveness.

Donovan Show on Mindset

Donovan’s short episode focused on the power of a winner’s mindset, providing actionable steps to achieve this.

Winner’s Mindset

  • Importance: Treat every project with the mindset of winning; there’s no room for self-doubt.
  • Surround Yourself with Success: The five people closest to you impact your growth. Choose wisely.

Goal-Setting Components

Set realistic, achievable goals with clear plans and timelines.

Pain & Gain Show

TJ and Kelly dissected different financing options, comparing cash, partnerships, and bank loans.

Cash vs Traditional Loans

  • Cash: Quick but limited.
  • Traditional Loans: Lower interest rates but longer closing times.

Partnership Role Definitions

Clearly defining roles and expectations in partnerships can prevent misunderstandings and disputes.

Networking Tactics

Identify what you need (time, money, experience) and focus your networking efforts accordingly.

Going Vertical on Breaking Ground

Breaking ground is more than just digging a hole. This episode delved into the complexities involved.

Importance of Inspections

Every step, from land clearing to setting up porta-potties, requires inspections. Anticipate delays and plan accordingly.

Systematic Approach to New Construction

New construction follows a repetitive process. Mastering this can lead to smooth projects every time.

Final Thoughts

In conclusion, this week’s Propelio TV episodes offered a wealth of knowledge for real estate investors of all experience levels. From Daniel’s deep dive into water leads and Corey’s emphasis on the power of action, to Tanner’s unique fusion of art and business, and Marty’s commercial real estate insights, there was something valuable for everyone. 

The diverse range of topics covered, from Section 8 housing advantages to the intricacies of new construction, highlighted the multifaceted nature of real estate investing. Whether you’re looking to optimize lead generation, understand property management for large units, or build a rental portfolio one property at a time, these episodes provided actionable tips and strategies to elevate your real estate game. Don’t miss out on these episodes that can propel your investment journey forward!

Get started with Propelio and unlock all the tools you need to succeed in real estate. Sign up now for a 14-day FREE trial: Start Free Trial

show less

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent Episodes

Play Video
3 minutes

Many have asked how I climbed from wholesaling five years ago to flipping...

Play Video
45 minutes

Welcome to the Real Estate Business Mastery Show! In today’s episode, we recap...

Play Video
62 minutes

Welcome to another insightful episode of the Real Estate Power Hour. Today, we...

Play Video
49 minutes

Good morning, everyone! I’m Robert Kelley, and today I’ve got Kristen Gary Saad...

Play Video
47 minutes

Hey everyone, I’m Ryan from Propelio. Today, we talked with Lolita Shira, also...

Play Video
2 minutes

Do you remember the first time you tried to solve a complex problem?...

Play Video
50 minutes

Understanding the real estate market is crucial for investors looking to thrive and...

Play Video
5 minutes

Hey folks, Blade Johnson here from Finishing Touches in Fort Worth, Texas. Today,...

Play Video
28 minutes

In today’s fast-paced world, staying on top of your health can be a...

Play Video
44 minutes

Hey everyone, good morning! I’m Ryan with Propelio, and today in the studio,...

Propelio TV

Do you love learning from your favorite hosts? Subscribe and we will notify you when we release new shows.