Mario Dattilo Show

Mario Dattilo

Building a portfolio of commercial real estate investments and building businesses is hard but very doable with guidance from others who have done it. This show, hosted by mobile home park investor Mario Dattilo, gives you the opportunity to hear from extremely interesting and successful real estate investors and entrepreneurs who pull back the curtain and tell you how they’ve done it. Unique perspectives and industries give you a different look at how you can accomplish the things you want to in real estate investing and business. This show will give you tons of valuable strategies but is entertaining at the same time. No boring business talk here. Whether you’re buying your first property or business or you’re looking to scale/pivot, this show will push your thinking to another level. This is not a beginner, fluffy, high-level tutorial, but an advanced dive into the deep end with experienced experts telling it like it is. Mobile home parks, self-storage, multifamily/apartments, office, retail, industrial, vacation rentals, RV Parks, marinas, acquisition, new development, value-add, startup, buying businesses, scaling businesses, building teams, due diligence, asset management, finance, debt, equity, raising capital, syndication, and the mentality required to hit your goals are all topics we discuss in depth.Websites:Podcast - https://www.MarioDattiloShow.comYoutube - https://www.youtube.com/channel/UCGGnRDb6pSONGT9PQmbXTbwHost- https://www.MarioDattilo.netConnect With Me On All The Socials:https://www.instagram.com/mariodattilotv https://www.tiktok.com/@mariodattilotv https://www.facebook.com/mariodattiloshow https://www.linkedin.com/in/mariodattilo https://www.twitter.com/mariodattilotv How do I invest in mobile home parks? How do I invest in commercial real estate? How do I invest in apartments? How do I invest in multifamily? How do I manage real estate? How do I finance commercial real estate? How do I sell commercial real estate? How do I buy commercial property? How do I buy businesses? How do I invest in businesses? How do I invest in office buildings? How do I invest in retail strip centers? How do I buy real estate? How do I sell real estate? How do you syndicate? How do you syndicate real estate deals? How do I raise money? How do I scale a business? How do I scale a real estate portfolio? How do I buy a rental property? How do I earn a high return? How do I invest in rentals? How do cost segregation studies work? How do I grow a business? How do I buy a mobile home park? How do I buy commercial real estate? How do I invest in commercial property? Investing in commercial real estate. Buy assets. Build wealth. Use leverage to build wealth. How do I build teams? How do I hire employees? How do I recruit top talent? How do I invest passively? How do I lend my money? How do hard money loans work? How do I buy loans? How do I buy non-performing loans? How do I wholesale properties? How do I value commercial real estate? How much money do I need to invest in real estate? Where do I find a good property management company? How do I build passive income? How do you analyze a deal? How do I build a real estate business? What is a good return on investment? What do I need to know about due diligence? How do I avoid risk in real estate? Are interest rates going up? How does inflation affect real estate? How does inflation affect mobile home parks? What is inflation? How does inflation work? Is now a good time to buy real estate? Are we going into a recession? How do I start a business? How do I sell my business? How do I sell my company? What makes a successful entrepreneur? Should I start a business? What kind of mindset do I need to be successful? What is the hardest part about owning a business? What is the hardest part about real estate investing? Is real estate a safe investment? Real estate vs stock market. Is real estate overpriced? How do I buy my first rental property? How do I buy my first commercial property? read less

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How to invest in mobile homes with John Fedro

How to invest in mobile homes with John Fedro

Want to succeed in mobile home investing? In this packed episode, John Fedro reveals his strategies and insights for success in this in-depth conversation with Mario where they discuss topics such as: • How John's mobile home YouTube channel took off! • How mobile homes are one of the most overlooked but accessible investments for new investors in real estate. • Financing challenges and creative solutions in mobile home investing • Evaluating deals and budgeting for profitable rehabs • Impact of Dodd-Frank on mobile home investmentsListen now to learn mobile home investing insights from two industry pros. Don’t miss this valuable episode!YouTube: https://www.youtube.com/@MobileHomeFormulaWebsite: https://www.mobilehomeinvesting.netInstagram: https://www.instagram.com/john_fedro/Check out the Mario Dattilo Show at www.mariodattiloshow.com

Episodes

How to invest in mobile homes with John Fedro

How to invest in mobile homes with John Fedro

Want to succeed in mobile home investing? In this packed episode, John Fedro reveals his strategies and insights for success in this in-depth conversation with Mario where they discuss topics such as: • How John's mobile home YouTube channel took off! • How mobile homes are one of the most overlooked but accessible investments for new investors in real estate. • Financing challenges and creative solutions in mobile home investing • Evaluating deals and budgeting for profitable rehabs • Impact of Dodd-Frank on mobile home investmentsListen now to learn mobile home investing insights from two industry pros. Don’t miss this valuable episode!YouTube: https://www.youtube.com/@MobileHomeFormulaWebsite: https://www.mobilehomeinvesting.netInstagram: https://www.instagram.com/john_fedro/Check out the Mario Dattilo Show at www.mariodattiloshow.com

Scaling success: creating value in your business

Scaling success: creating value in your business

In this podcast interview with Andrey Sokurec, we dive into the journey of building a high-volume house-flipping business, offering a candid look at the lessons learned along the way. Our guest reflects on the challenges of managing a labor-intensive, highly leveraged operation, and the differences between conducting business in the Midwest versus the Southeast. He shares insights into the three key compensation strategies that keep employees motivated and the importance of maintaining a strong company culture, which earned his company a spot on the Inc. 5000 list of Best Places to Work.The conversation also touches on the 2008 financial crisis and its impact, highlighting the significance of education, coaching, and financial freedom. Managing operations across two locations comes with its own set of hurdles, which he navigates with strategies that focus on scalability, creative incentives, and a supportive environment that fosters growth.As the business transitioned from a rental-focused model to one centered around flipping homes, payroll management and employee incentives played a critical role in keeping the team aligned and motivated. In his reflections on the challenges of house flipping, he emphasizes the importance of adapting to changing market conditions, scalability, and staying innovative to ensure long-term success in a tough industry.LinkedIn: https://www.linkedin.com/in/sokurec?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=ios_appFacebook: https://www.facebook.com/AndreySokurecInvestorTikTok: https://www.tiktok.com/@andreysokurecBook: Total Financial Awakening: Escape the Grind, Discover Freedom, and Reclaim your Life through Real Estate Investing

Strategically Sell Properties for Long Term Cash Flow

Strategically Sell Properties for Long Term Cash Flow

In this episode, Dan Zitofsky shares valuable insights from his 34-year career in real estate, detailing his journey from a transactional investor to one focused on creating passive income and legacy wealth. Together with Mario, Dan delves into non-performing loans and seller-financed notes as key strategies for building long-term stability and wealth.A central theme of the discussion is Dan's approach to working with a specific client profile, helping them build wealth through turnkey rental properties in emerging markets. He emphasizes targeting areas with good jobs, low crime, and favorable tax conditions to maximize returns while tenants pay off debts.Dan also highlights the importance of aligning business strategies with personal visions and prioritizing client needs for long-term success. His experience underscores the value of evolving investment strategies, specialization, and creating sustainable passive income as the foundation for financial freedom.Book: Passive to Prosperous Instagram: @Danzitofsky YouTube: @ZitofskyCapitalManagement

Stop Paying Taxes with Yonah Weiss

Stop Paying Taxes with Yonah Weiss

In this episode of the podcast, Mario welcomes Yonah Weiss, who is broadcasting from Israel, to discuss various tax strategies and their benefits. Yonah, an expert in tax strategies, focuses on the often-overlooked technique of cost segregation. Weiss aims to make the subject of taxes both informative and engaging, offering insights that could significantly impact financial success.The discussion emphasizes the importance and benefits of understanding taxes, particularly depreciation and how it applies to different assets. Yonah explains the concept of cost segregation, detailing the process and its potential advantages for businesses. This strategy involves breaking down the costs of a property to accelerate depreciation, which can lead to substantial tax savings. The episode also highlights who can benefit most from cost segregation, providing listeners with practical knowledge on how to implement it.Additionally, the podcast touches on the tax advantages of owning Mobile Home Parks (MHP). Yonah discusses how these properties can offer significant tax benefits, making them a worthwhile investment. This comprehensive discussion provides valuable insights for anyone interested in optimizing their tax strategies and improving their financial outcomes.Contact Yonah by going to YonahWeiss.com

How to Buy any Property with Creative Financing

How to Buy any Property with Creative Financing

In this episode, we're excited to welcome back Chris Prefontaine, a seasoned real estate expert. Chris delves deep into the intricacies of creative financing, a strategy becoming increasingly crucial in today's challenging commercial real estate market. He shares his insights on why focusing on "free and clear" properties—those without existing loans—can be a strategic advantage. This episode is a great follow-up to his first appearance, providing further valuable knowledge for listeners interested in innovative real estate strategies.Chris Prefontaine is the four-time best-selling author of Real Estate on Your Terms, The New Rules of Real Estate Investing, and Sell With Authority for Real Estate Investors. He’s also founder of the Wicked Smart companies and host of the Smart Real Estate Coach Podcast.During our conversation, Chris explains the why of "principal only" payments as opposed to "interest only" payments. Chris also touches on essential considerations when evaluating property value and making sense of proposals to purchase properties.For those looking to enhance their understanding of the real estate market, this episode is packed with educational insights. Chris discusses how to present compelling offers to sellers and navigate the complexities of the "due on sale" clause. Whether you're a seasoned investor or just starting, Chris's advice is invaluable. Tune in to learn how to leverage creative financing to your advantage and achieve your real estate goals and get a copy of his book https://wickedsmartbooks.com/mario1 for more detailed guidance on these topics.

Buy Real Estate Remotely From ANYWHERE With Andres Olaya

Buy Real Estate Remotely From ANYWHERE With Andres Olaya

Embark on an enlightening discussion with Andres Olaya as we journey into the world of international business, culture, and remote real estate investing. From the vibrant world of Medellin, Colombia, Andreas shares the triumphs and trials of launching a business across borders. Discover the secrets behind adapting to new cultures, assembling a team that thrives on a global stage, and the intricacies of local regulations. This episode isn't just about the mechanics of business—it's a mosaic of personal growth, economic advantage, and the art of living well for less in an international setting, all while staying connected to the US markets.As we peel back the layers of global entrepreneurship, you'll gain an insider's look into the emotional journey of relocation, the contrast in work pace, and the cultural agility required to succeed. Stories of luxurious living on a budget mingle with tactical advice on recruiting and retaining top talent in competitive markets. Whether it's discussing the cost-effective perks of international living or unraveling his own investment strategies, this conversation is packed with anecdotes and strategies that will spark ideas for your next venture, wherever it may lead.Wrapping up, we dive into the nitty-gritty of real estate investment, contrasting novation with traditional wholesaling. Learn how his virtual team operates seamlessly across different time zones, relying on effective communication to navigate a market where in-person interactions are a rarity. We also delve into maximizing opportunities in real estate, overcoming market challenges, and honing negotiation tactics. Beyond the transactions and deals, this episode celebrates the human connections that fuel lasting business relationships. Join us for this fascinating discussion that blends the lines between living, investing, and connecting in today's global marketplace.

We're Not God - Managing $1B In Today's Economy With Scott Pinkerton

We're Not God - Managing $1B In Today's Economy With Scott Pinkerton

I recently had an enlightening conversation with Scott Pinkerton, a successful private wealth firm and asset management company owner, on my podcast. We delved into the world of investing, and I'm excited to share some key takeaways with you.The Investor's Mindset: In the current unpredictable market, Scott emphasized the importance of caution and avoiding the trap of believing we can predict outcomes. He introduced the concept of the "loser lane" and "positive place" in investing, reminding us that we should always be aware of potential negative and positive outcomes.Guardrails in Investing: We discussed the importance of setting guardrails and sticking to metrics when making investment decisions. It's crucial to know when to cut losses and make changes if necessary. Remember, it's okay to say no to a deal, even after investing time and effort into it.Probability vs Consequence: Scott illustrated the importance of considering consequences even when the probability seems low. He advised writing down specific probabilities and defending them to crystallize thinking.Black Swan Events: We touched on the unpredictability of black swan events like 9/11 and the COVID-19 pandemic. Scott warned against dismissing potential risks just because they haven't happened before.Preserving Wealth Across Generations: Scott shared insights on the challenges wealthy families face in preserving their wealth across generations. He emphasized the importance of educating children about money from a young age and instilling a strong work ethic.The Role of the Federal Reserve: Scott explained the role of the Federal Reserve in controlling interest rates and the bond market. He emphasized the complexity of managing the economy and compared it to a doctor treating a growing problem inside a patient.Opportunities in the Market: Despite the challenges, Scott highlighted the opportunities in the market for both investors and groups looking to finance deals. He advised investors to carefully consider factors like rising insurance costs when creating their financial projections.I hope these insights spark your curiosity and entice you to listen to the full podcast. Remember, it's important to seek professional guidance and be aware of biases and blind spots in decision-making.

Starting Virtual Reality Schools of The Future With Erika Donalds

Starting Virtual Reality Schools of The Future With Erika Donalds

I'm thrilled to share with you the highlights of my recent podcast episode with the dynamic Erica Donalds, a former investment banker turned education entrepreneur. Erica's journey from finance to education is nothing short of inspiring, and her insights into the future of education are thought-provoking.From Investment Banking to Education Management: Erica's transition from finance to education was sparked by her run for the school board. This ignited her passion for problem-solving in education, leading her to establish Optima Ed, an education management company that operates schools and manages their back-office operations.The Birth of a Virtual Reality School: Amidst the pandemic, Erica and her team created a high-quality distance learning program that replicated the in-person experience. This led to the birth of a full-time virtual school, which has been a great success. Erica emphasizes the scalability and cost-effectiveness of the virtual platform compared to traditional brick-and-mortar schools.Navigating the Politics of Education: Erica shares her experiences of facing opposition and public comments against her school's application during government meetings. Despite the challenges, Erica and her team persevered and were able to showcase the positive impact their school had on students.The Importance of Classical Education: Erica believes in providing students with a well-rounded education that teaches them to think critically and form their own opinions. She emphasizes the importance of teaching all sides of history, politics, and other subjects so that students can make informed decisions.Nonprofit and For-Profit Business Models in Education: Erica shares her experience of starting a nonprofit organization to raise money for schools and eventually transitioning into a for-profit entity to provide services to those schools.The Future of Education: Erica envisions a future where technology and innovation play a significant role in education, allowing for a dynamic and personalized learning experience. She invites parents and students to explore Optima Academy Online, her virtual school.I hope you find these insights as fascinating as I did. If you're interested in starting a school or seeking career opportunities in education, I highly recommend reaching out to Optima Ed.Don't forget to tune into the full podcast episode for a deeper dive into our conversation.

How To Pick The Best People To Invest In Real Estate With - Paul Moore

How To Pick The Best People To Invest In Real Estate With - Paul Moore

I'm thrilled to share with you some exciting insights from my recent podcast episode with Paul Moore, a seasoned entrepreneur and commercial real estate investor from Wellings Capital. We had an enlightening conversation about his journey, the lessons he's learned, and his unique approach to investing.The Journey from Entrepreneur to Investor: Paul shared his transition from running a staffing firm to becoming a full-time investor. He candidly spoke about his initial misconception of being an investor when he was actually a speculator. His podcast, "How to Lose Money," is a treasure trove of lessons learned from failures and losses.Selling a Business: Paul opened up about the emotional rollercoaster of selling a business. He reminded us that while it may feel like a success, it's essential to remember that money doesn't buy happiness.The Shift to Commercial Real Estate Investing: Paul's journey led him from single-family residential properties to multifamily projects. His book, "The Perfect Investment," is a testament to his experiences and the risks involved in overpaying for properties.The Importance of Focus in Investing: We discussed the significance of investing with people who specialize in a specific area. It's easy to get distracted by shiny objects, but true success lies in developing expertise in one area.Vetting Sponsors: Paul shared his 28-point due diligence checklist for vetting sponsors. It's not just about the numbers; the character and personality of the sponsors are equally important.Considering Downside Risk: We emphasized the need to assess potential losses and analyze debt structure and potential risks. It's crucial to consider unexpected events that can impact investments.Boring Investing: Paul introduced the concept of boring investing, focusing on stability and predictable cash flow. He's even co-writing a book, "Warren Buffett's Rules for Real Estate Investors," exploring this concept further.Advice for New Investors: Paul suggested diversifying risk and shared seven unique paths to getting into commercial real estate. He also emphasized the importance of partnering with experts instead of trying to become one.Staying Focused and Motivated: Paul shared his routine of taking a day off and dedicating an hour every morning to activities like thinking, journaling, meditating, praying, and reading sacred scriptures.If you're intrigued by these snippets, I invite you to listen to the full podcast episode. You can also reach out to Paul directly through the Wellings Capital website.

Running a Multifamily Real Estate Brokerage with Beau Beery

Running a Multifamily Real Estate Brokerage with Beau Beery

I'm thrilled to share with you some insights from my recent podcast episode where I had the pleasure of hosting Beau Beery, a multifamily advisor and a real estate expert. We delved into the world of apartments, brokerage business, and the importance of finding your niche in the real estate industry.The Power of Specialization: Beau's journey from a marketing student to a successful multifamily advisor is a testament to the power of specialization. He emphasized that focusing on a specific asset class, like multifamily properties, can make you an expert in your market, attracting clients who value your specialized knowledge and experience.The Solo Practitioner Advantage: Beau shared his perspective on starting as a solo practitioner in the real estate brokerage business. He believes that joining a successful team can provide valuable experience and knowledge. However, he also highlighted the importance of outsourcing tasks to save time and avoid the need for full-time employees.Buying a Brokerage Business: Beau shared his experience of buying a brokerage during a market downturn and how it worked out well for him. He stressed the importance of reputation when evaluating a brokerage.Understanding Your Niche: Beau specializes in multifamily properties ranging from 10 to 150 units. He believes that understanding your avatar (ideal customer) and focusing on a specific market segment can lead to success.Building Relationships: Beau shared his approach to building relationships with potential clients. He believes in conducting extensive research about potential clients to establish a deeper connection and build long-term business relationships.Current Market Trends: Beau discussed the current state of the real estate market and the factors affecting property values. He believes that while property values may decrease, it won't be as drastic as the 2008 recession.I hope these insights spark your curiosity and entice you to listen to the full podcast episode. Beau's journey and insights are truly inspiring and enlightening for anyone interested in the multifamily real estate industry.

Scaling Into Massive Multifamily Investments With Tim Bratz

Scaling Into Massive Multifamily Investments With Tim Bratz

Welcome to the Mario Dattilo Show Podcast!In this episode of The Mario Dattilo Show, we introduce "The Apartment Guy," Tim Bratz, who owns over 4,000 apartment units. Tim shares his journey to success, emphasizing that growth often starts slow before skyrocketing like a hockey stick. He discusses the benefits of buying commercial real estate as a team and highlights the changing landscape in the apartment world.Tim talks about investing in apartments, buying based on cash flow, seller financing, and working with individuals. He shares his insights on market timing versus sound operations in any market and how his approach to buying has evolved over time. Tim also delves into buying vacation rentals and luxury real estate, as well as his education platform, Legacy Academy. To get in touch with Tim Bratz, listen to the end of the episode.‌Tim is the Founder & CEO of Legacy Wealth Holdings. He focuses on vision-casting, marketing, & supporting his team of “A” players. He has built his company on integrity (doing what he said he was going to do), fairness (doing the right thing), & transparency (honesty is always the best policy).Tim has dedicated his professional life to studying wealth-building & personal finance. Working in real estate, Tim has learned how to create a passive income that allows him to live the lifestyle of his choice. His goal is to educate & empower others to become financially free through entrepreneurship & real estate investments.https://legacywealthholdings.com/Find out more about Mario at MarioDattilo.net‌Talking Points:00:03 Introducing “The Apartment Guy,” Tim Bratz01:18 How Tim Came To Own Over 4,000 Apartment Units06:06 Success Starts Slow Until It Goes Up Like A Hockey Stick12:02 The Benefits of Buying Commercial Real Estate As A Team16:50 What Is Changing In The Apartment World22:47 Invest In Mobile Home Parks With Mario At http://GetRealCashflow.com23:08 Buying On Cahsflow, Seller Financing, and Working With Individuals26:29 Market Timing vs Sound Operations In Any Market29:28 How Tim’s Approach To Buying Has Evolved Over Time35:04 Buying Vacation Rentals & Luxury Real Estate43:43 Tim’s Education Platform Legacy Academy51:16 How To Get Ahold of Tim Bratz‌SUBSCRIBE to the Mario Dattilo Show Podcast YouTube Channel:Mario Dattilo Show PodcastCheck out this podcast website: MarioDattiloShow.com‌Links & Mentions From This Episode:www.LegacyWealthHoldings.comwww.GetRealCashflow.comEducation Platform: Legacy AcademyMastermind: Legacy FamilyFacebook: Tim BratzInstagram: @‌TimBratz

Buying Multifamily 100 Units or Less With Andrew Jarrett & Nic Cooper

Buying Multifamily 100 Units or Less With Andrew Jarrett & Nic Cooper

Welcome to the Mario Dattilo Show Podcast!In this episode of The Mario Dattilo Show, we introduce guests Andrew Jarrett and Nic Cooper from Level Up REI. Nic shares his background as a Navy helicopter pilot and his early years in real estate, while Andrew discusses his experience working in a grocery store and discovering real estate through books and fix & flip opportunities. They explain why they chose apartments over single-family homes for scalability and reveal their strategies for sourcing deals and choosing between self-management and third-party management. The duo also discuss targeting landlord-friendly states, finding the right business partner, the advantages of syndication, and what properties to look for. They delve into fee structures, mobile home park investing, operations, asset management, and acquisitions, emphasizing the importance of focusing on regular actions that lead to key performance indicators. The conversation covers communication with third-party management, acquisition methodology, deal flow changes due to interest rates, and tips for getting brokers' attention. Finally, Andrew and Nic discuss raising capital, building relationships, vetting investors, and offer their last thoughts on entering the multifamily space. Andrew Jarrett is a native of Western New York, where he was part of numerous profitable redevelopment opportunities on single family homes. He founded a property management company which managed single family and multifamily units. He sold the company and shifted his focus to the acquisition of smaller multifamily and single family investment properties in Western New York. Andrew currently holds several hundred rental units in this market with in-place management and maintenance teams. Andrew is also a #1 Bestselling author and the host of “The Passive Road to Retirement” podcast. He scaled his investments to the acquisition of large Multifamily apartment complexes. In the past two years he has gone “full cycle” on several hundred units, located in Florida and Georgia. Nic Cooper saw the power of cash-flowing assets with his single-family rentals but was ready to scale. He sold his remaining single-family rentals in San Diego and got his wife, Jamie on board to reinvest in real-estate on a larger scale. Together they purchased a 24 unit apartment complex in Ohio to create passive income. In the first year they optimized systems and as a result, more than doubled the properties value! They saw first-hand the power of multifamily real-estate investing as an opportunity to create passive income and build wealth for their family. Nic brings a pilot’s precision and analytical mind to multifamily real estate with over 22 years as a military helicopter pilot. At present Nic owns 172 units in TX, AL, OH and VA with $11.3MM assets under management. https://www.jarrettcapital.comhttps://www.hudsonbluemf.comFind out more about Mario at MarioDattilo.net‌Talking Points:00:03 Introducing Andrew Jarrett, Nic Cooper, and Level Up REI00:52 How Andrew and Nic Got Started With Apartments01:06 Nic Shares His Origins As Navy Helicopter Pilot and Early Years In Real Estate04:08 Andrew Shares His Early Years In A Grocery Store, Discovering Real Estate Authors, and Fix & Flips Opportunities05:37 Choosing Apartments Over Single Family Because of Scaleability07:07 How Andrew and Nic Source Deals08:05 The Important Differences Between Self-Management Vs Third-Party Management10:32 Looking For Landlord-Friendly States, Population Migration, and Median Income Levels11:31 Finding The Right Business Partner With Complementary Skills13:53 The Advantages of Syndication Vs Self-Funding16:03 What Target Properties To Look Out For18:25 How The Fee Structure Differs Depending On The Deal20:53 Explori

Wholesaling Commercial Property With Jimmy Johnson

Wholesaling Commercial Property With Jimmy Johnson

Welcome to the Mario Dattilo Show Podcast!In this episode of The Mario Dattilo Show podcast, Mario interviews Jimmy Johnson, founder of Sanddollar Communities. They discuss Jimmy's journey in mobile home parks, why it took him a year before making a deal, the connection between mobile home parks and self-storage, changes in real estate through the years, and the difference between wholesaling single-family homes and commercial real estate. They also touch on the benefits of starting young in your real estate career, taking risks to meet people face-to-face, advice for going from employee to commercial real estate owner, developing good relationships with sellers, and Jimmy's love for fishing tournaments. Finally, they talk about the importance of patience in skill development and how to contact Jimmy.Jimmy Johnson is the founder of Sanddollar Communities, which focuses on the sourcing of off-market, direct-to-seller, mobile home parks. As of January 2023, he has closed 71 mobile home parks in 20 different states. Jimmy also founded Sanddollar Communities Management, a mobile home park management firm that manages a growing portfolio of 1,959 sites over 39 parks across the country. Jimmy lives in Tampa, Florida, and is an avid boater & tournament fisherman.https://sanddollarcommunities.comFind out more about Mario at MarioDattilo.netTalking Points:00:03 Introducing Mario’s Friend Jimmy Johnson Founder of Sanddollar Communities01:30 How Jimmy’s Journey In Mobile Home Parks Started05:29 Why Jimmy Went An Entire Year Before Making A Deal07:04 Exploring The Connection Between Mobile Home Parks and Self-Storage08:03 What’s Changed In Real Estate Through The Years10:24 The Difference Between Wholesaling Single-Family Homes and Wholesaling Commercial Real Estate16:36 Coaching Opportunity To Learn Everything About Mobile Home Parks With Mario17:01 What Are The Benefits of Starting Young In Your Real Estate Career?22:17 Taking The To Risk Travel and Meet People Face-To-Face27:11 Advice For Going From Employee to Commercial Real Estate Owner32:25 It’s All About Developing Good Relationships With Sellers33:30 Why Jimmy Fell In Love With Fishing Tournaments36:44 Skill Development Takes Patience and Is a Valuable Attitude38:48 How To Get Ahold of JimmySUBSCRIBE to the Mario Dattilo Show Podcast YouTube Channel:https://www.youtube.com/channel/UCGGnRDb6pSONGT9PQmbXTbwCheck out this podcast website: MarioDattiloShow.comLinks & Mentions From This Episode:http://www.getrealcashflow.comwww.jimmyjohnson.coInstagram: @‌floridajimmyTRANSCRIPT:

How To Start & Sell 100 Companies With Eddie Wilson

How To Start & Sell 100 Companies With Eddie Wilson

Welcome to the Mario Dattilo Show Podcast!In this episode of The Mario Dattilo Show podcast, Eddie Wilson from Collective Influence discusses his approach to building a portfolio of active and passive income through startups and buying businesses. He shares his experiences overseeing 86 companies, creating accountability with metrics and standards, and clearing out parasitic businesses. Eddie also talks about being industry agnostic and looking for opportunity, what to look for when buying a business, and when to sell a company. Finally, he discusses the importance of understanding the process.Eddie Wilson is a businessman who is known as the “King of Exits.” He has owned over 125 companies and exited over 85 of them successfully. His current private equity firm Collective Influence has significant holdings as well. Of those holdings, the PE firm owns – Think Realty, American Association of Private Lenders, Apticode, Fitcon, Mana Health, Tax Free Crypto, Because Coffee and around 20 other companies. Eddie is also known for creating an operating system that manages the growth of his companies systematically allowing him the greatest odds for success. His operating system is known as the Empire Operating System.With all of his success in his 40s he has turned his efforts to faith based and humanitarian non-profit activities such as - Christian Media International and Impact Others.Find out more about Mario at MarioDattilo.netTalking Points:00:05 Introducing Eddie Wilson & Collective Influence02:36 The Full Circle: Active Income, Passive Income, & Contribution05:35 The Companies Taking Off In Eddie’s Portfolio12:42 Start-Up Businesses vs Buying Businesses15:24 Creating Accountability With Metrics & Standards18:30 The Formidable Task Of Overseeing 86 Companies22:21 How Much Time Do You Give A New Business?24:50 Clearing Out Parasitic Businesses25:44 Eddie’s A-Grade Speciality Bean Story29:27 Being Industry Agonostic & Looking For Opportunity30:14 What To Look For When Buying A Buiness36:07 When Do You Sell A Company?41:30 Architecting Strategic Selling & Buying44:33 Understanding The Process Gives You ConfidenceSUBSCRIBE to the Mario Dattilo Show Podcast YouTube Channel:Mario Dattilo Show PodcastCheck out this podcast website: MarioDattiloShow.com‌Links & Mentions From This Episode:Aspire TourEmpire Operating System (Code: POWERROOM)

Scaling Up in Self Storage with Joe Evangelisti

Scaling Up in Self Storage with Joe Evangelisti

Welcome to the Mario Dattilo Show Podcast!In this podcast episode, Joe Evangelisti shares his origin story in the self storage industry. He started out in construction before serving in the Navy, as a springboard to starting his own business. He then transitioned from single family homes to self-storage to avoid burnout and find something more scalable. Joe discusses his approach to finding deals and working with others, as well as the importance of expanding into new markets. He also talks about the benefits of investing in the self-storage industry and how to assess the risk factors of different markets. Joe shares his experience in building a strong personal brand and offers advice for those looking to get into commercial real estate. He emphasizes the importance of commitment and provides contact information for those interested in working with him.Once known as “The Flip King”, Joe Evangelisti is now the host of The Legacy Blueprint podcast and a leading expert in real estate investing - specifically in the self storage industry. After experiencing “burn out” from chasing single and multi-family deals, Joe walked away from his wildly successful flipping empire and transitioned to the world of Self-Storage. Today, Joe’s mission is to show others how to tap into the massive opportunities hidden inside the self-storage industry. Opportunities that require far less time, less risk and exponentially more profits than any industry in real estate. In addition to The Storage Syndicate, Joe also serves as the CEO ofthree 7 and 8 figure companies. Prior to building his business and real estate empire, Joe served in the military as a Builder in the US Navy Seabees. He holds Letters of Commendation from the US Navy and The White House, a Letter of Appreciation from President Clinton, and numerous service medals. Joe lives with his wife Ashley and their 2 girls in beautiful Haddonfield, New Jersey.https://www.investwithlegacy.com/Find out more about Mario at MarioDattilo.netTalking Points:00:01 Joe Evangelisti Is A Rockstar In The Self Storage Industry00:44 Joe Shares His Origin Story01:14 Early Years Working On Construction With Rolemodel Dad01:43 Serving In The Navy Seabees As A Springboard To Business02:53 Buying First Houses In 2007 During A Tumultuous Economy03:40 The BRRRR Method, Building A Rental Portfolio, & Single Family Homes For Twelve Years03:56 Handling Burnout By Transitioning Into Something More Scaleable05:50 How Joe Goes About Finding Deals & Working With Others06:33 Moving From Red Ocean To Blue Ocean Strategies07:18 Creating “A Certified Feild Agent Training” Program09:22 Expanding Into Markets From Colorado To The East Coast10:02 Benefiting From Inflation In The Self Storage Industry13:25 What You Need To Be Aware Of Before Going Into Self Storage15:45 Working With Big Marketing Teams To Speed Up The Process16:58 Raising Captial By Caring About The Details19:04 Getting Into Self-Storage By Investing In Your Network21:33 How To Think About Rates & New Developments In The Current Economy23:32 How To Know Whether An Area Is Oversaturated or Undersaturated26:28 Optimizing Occupancy When Developing & Operating New Sites28:59 Assessing Markets For Greater Or Lesser Risk Factors31:41 Thoughts On Building A Strong Personal Brand34:07 Buying First Storage Sites in 2018 and 201934:20 Joe’s Biggest Challenge On A Specific Deal39:24 One Thing Joe Would Tell Those Looking To Get Into Commercial Real Estate40:30 Knowing Whether You’re Interested Or Committed Makes All The Difference44:30 How To Get Ahold Of Joe & Work Together‌SUBSCRIBE to the Mario Dattilo Show Podcast YouTube Channel:

Diversifying Your Way to Success with Chris Rood

Diversifying Your Way to Success with Chris Rood

Welcome to the Mario Dattilo Show Podcast!In this episode, Chris Rood shares his journey of going from zero to six figures a year in senior high, emphasizing the principle of diversifying your way to success and the importance of being smart and resourceful in business. He talks about the process of doubling his income and opening new shops, and the importance of reinvesting profits back into the business, as well as tips on how to get back on top with real estate, learning the wholesaling business model and attending Grant Cardone's first 10X conference. He also shares his thoughts on Warren Buffet's real estate predictions, the power of positive thinking and how it attracts what you want, discovering mobile home parks and the value of the "Ready. Fire. Aim." approach, and the importance of having an unfair advantage. Chris also shares his insights on learning from failure, and advice for young entrepreneurs. He also talks about family values and raising tough kids. The conversation provides valuable insights for anyone looking to navigate the business world.Chris Rood is a 7 figure wholesaler and flipper with a 40 million portfolio consisting of Mobile Home parks, Apartments, Commercial Property, AirBNBs, and Single Family Homes. He has recently started developing land and getting a contractors license.http://ChrisRood.comFind out more about Mario at MarioDattilo.net‌Talking Points:00:01 Introducing Chris Rood00:56 Chris Was “A Ball Lightening” As A Kid03:22 Going From Zero to Six Figures A Year in Senior High04:04 The Principle of Diversifying Your Way to Success05:37 “Business Is War” — Be Smart & Resourceful06:46 Doubling Income & Opening New Shops09:36 Reinvesting Profits Back Into The Business11:33 Real Estate Can Get You Back On Top13:19 Learning The Wholesaling Business Model16:50 Going to Grant Cardone’s First 10X Conference18:27 Warren Buffet’s Real Estate Prediction19:21 Whatever You Think About You Attract19:35 Discovering Mobile Home Parks22:30 Ready. Fire. Aim.23:17 The Work Ethic Value24:07 Starting to Invest In Development25:17 When You Move The Universe Opens Up27:19 Read, Study, & Skill Up27:40 Everybody Ends Up Being A Land Developer28:44 You’ve Got To Have An Unfair Advantage29:30 Be First In A Market To Get An Advantage30:02 Learning From Failure & Coming Back Stronger31:16 You Never Lose, You Only Learn31:01 Advice For Young Entrepreneurs32:37 How Many Problems Can You Solve?33:30 Good Family Values & The Temporary Nature of Life35:27 Raising Tough Kids Who Can Handle Life38:37 Struggle Creates Strengths39:47 How To Get Ahold Chris‌SUBSCRIBE to the Mario Dattilo Show Podcast YouTube Channel:Mario Dattilo Show PodcastCheck out this podcast website: MarioDattiloShow.com‌Links & Mentions From This Episode:Instagram: @realesateroodFacebook: ChrisRoodEntrepreneurwww.ChrisRood.com

Navigating the Business World with Kris Kluver

Navigating the Business World with Kris Kluver

Welcome to the Mario Dattilo Show Podcast!In this episode, Mario interviews Kris Kluver, a successful businessman with a varied background. Kris shares his journey of starting his first company at the age of 19, insights on scaling and delegation in business, and how to not get owned by your business. He also provides advice on assessing tools, and his perspective on work-life integration. He emphasizes the importance of investing in talent as a bootstrapper, and the difference between real estate and businesses. He also talks about his decision to not move forward with a self-storage deal, redefining success and life-changing goals for impact, and how to contact him. Kris's insights on navigating the business world is valuable for anyone looking to start or grow a business.Kris Kluver is a dedicated speaker, facilitator, advisor, seasoned entrepreneur, and bestselling author of The Aspiring Solopreneur: Your Business Start-Up Bible as well as The Fable: Life on Your Terms, part of the Defining What’s Next series. He has helped thousands of individuals, couples, and organizations find balance and achieve more than they ever thought possible using simple tools, candid facilitation, and unique stories.Kris is a Certified Speaker with EO, the Entrepreneur Organization and a graduate of the EO Global Speakers Academy. Kris has extensive speaking and virtual speaking experience both nationally and internationally with groups ranging from CEO’s to university students.Kris empowers others to achieve success through real-life examples, stories and analogies. Understanding that everyone is in one of four stages of life; Stabilize, Visualize, Strategize or Execute, Kris meets people where they are at by integrating his extensive business strategy experience with proven tools and a fun attitude. Once individuals are aware of where they are starting from, they learn how to dream about what an amazing, well-balanced life can look like. From here they build a simplified strategy with clear action steps to achieve their dreams.https://www.lifeon-yourterms.comFind out more about Mario at MarioDattilo.net‌Talking Points:00:01 Introducing Kris’s Varied Business Background00:56 How & Why Kris Started His First Company Age 1902:44 The Different Industries Kris Explored03:12 The Many Stuff You “Could Do” Trap05:31 Kris’s Coffee of Choice05:52 Systematic Scaling in Business & Real Estate08:38 Delegation Is Important for Real Estate10:07 How To Not Get Owned By Your Business11:35 Your Main Jobs As A Business Owner13:12 Advice On Specific Assessment Tools15:40 The Sliding Scale of Work/Life Integration19:08 The Company Leader Is The Main Asset19:30 How To Invest In Talent As A Bootstrapper25:34 Real Estate vs Businesses29:49 Kris’s No-Deal Self-Storage Decision33:29 What Does Redefining Success Mean?38:54 Life-Changing Goals for Impact40:11 How To Get Ahold of Kris‌‌SUBSCRIBE to the Mario Dattilo Show Podcast YouTube Channel:Mario Dattilo Show PodcastCheck out this podcast website: MarioDattiloShow.com‌Links & Mentions From This Episode:www.LifeOn-YourTerms.comLinkdIn: Kristopher-Kluver

Asset Based Lending for Wealth-Building With Kevin Amolsch

Asset Based Lending for Wealth-Building With Kevin Amolsch

Welcome to the Mario Dattilo Show Podcast!In this episode, Mario interviews Kevin Amolsch, CEO of Pine Financial an asset based lending fund. As a successful businessman he shares his journey from the military to real estate investing and how it can be a vehicle for wealth-building. Kevin emphasizes the importance of reading books, foreclosure investing, and lease options. He also highlights the benefits of transitioning to lending and shares insights on debt and equity funds, legal council, and regulations. Kevin stresses the importance of having a diversified portfolio and a great team to navigate complexity. He also provides tips on how to handle inflation and uncertainty, and how to keep your investments profitable. Lastly, Kevin shares his thoughts on the future of commercial real estate and how to best approach investing in debt, and how to contact him.About Kevin:Kevin Amolsch is a successful real estate investor and private money lender. He earned his degree in Finance after serving four years in the US Army. After college, Kevin spent two years working with Wall Street as a Mortgage Bond Analyst before leaving to work in real estate financing for investors full time. He and his companies have closed on over 2,400 transactions as a buyer, seller or private money lender. He has spent 2 decades as a real estate investor and 16 years in real estate lending. He is the author of The 45-Day Investor, a frequent speaker, and has been quoted in The Las Vegas Review Journal, The Denver Post, Yahoo Real Estate, Denver Business Journal, and Forbes.https://pinefinancialgroup.com/Find out more about Mario at MarioDattilo.netTalking Points:00:59 How Kevin Started from the Military into Business02:15 Real Estate Is The Vehicle That Will Make Me Rich02:34 Reading Books and Foreclosure Investing03:29 Picking Up a Book on Lease Options04:44 Transitioning from Real Estate to Lending05:56 Securities Offering or Debt to Debt?08:29 Get Legal Council from an Attorney, Not Government10:33 Reg-D and Reg-A Explained12:22 Debt Funds vs Equity Funds16:46 Invest in a Diversified Portfolio Run by Pros18:30 Have a Fantastic Team to Deal with Complexity21:00 The Most Popular Business Models for Borrowers22:20 How To Get Comfortable with Inflation and Uncertainty25:44 How to Keep Pace with Above-Average Returns30:20 Beefing Up Liquidity to Weather Tough Times33:42 The Banks Might Have to Hit Commercial Real Estate35:15 How to Think About Investing in Debt38:38 How and Who Should Get Ahold of KevinSUBSCRIBE to the Mario Dattilo Show Podcast YouTube Channel:https://www.youtube.com/channel/UCGGnRDb6pSONGT9PQmbXTbwCheck out this podcast website: MarioDattiloShow.comLinks & Mentions From This Episode:www.PineFinancialGroup.comKevin@PineFinancialGroup.comwww.ThePineReport.com

Navigating the Cannabis Industry as a Lender with Rob Sechrist

Navigating the Cannabis Industry as a Lender with Rob Sechrist

Welcome to the Mario Dattilo Show Podcast!In this episode of the Mario Dattilo Show Podcast, Rob Sechrist, an expert in lending in the cannabis industry, shares his experience and insights on the industry. He discusses how new legislation has changed the industry, the advantages of investing in REITs, the likelihood of rents decreasing, consolidation trend, how supply & demand affecting the industry, how different states are performing, and the future of the industry. He also explains how the Fed issues DEA licenses, the wild west of the lending industry, and how to get in touch with him. Rob's insights on cannabis industry is valuable for both investors and those looking to enter the industry.Rob is a co-founder and president of Pelorus Equity Group (“Pelorus”), the leading provider of value-add bridge commercial real estate loans to cannabis businesses and owners with cannabis-related real estate, and the co-manager of the Pelorus Fund, a private mortgage real estate investment trust (“mREIT”). https://pelorusequitygroup.com/Find out more about Mario at MarioDattilo.netTalking Points:00:50 How Rob Entered the Cannabis Industry01:01 Rob’s Lending Expertise01:55 How New Legislation Changed Everything04:36 Explaining Different REITs08:37 Advantages to REITs for Investors11:15 Target Between 12% and 15% IRR13:13 Why Rents are Likely to Go Down in the Cannabis Industry17:00 How Bond Rates Went Away18:17 Is the Cannabis Industry Starting to Consolidate More?20:50 Is an Increase in Supply Having an Impact?21:46 Lenders vs Cannabis Operators22:55 How Different States Compare in the Cannabis Industry26:01 It’s Easy to Increase Production26:20 Lending to Retail vs Growing Facilities29:22 The Value of the Build Out30:30 What’s Coming Down the Pipe?31:45 How Different Administrations Impact the Cannabis Industry33:01 How The Fed Issues DEA Licenses34:34 The Wild West of the Lending Industry35:11 Are Borrowers Often Operators?38:25 Very High Standard Facilities38:58 How To Get Ahold of Rob‌SUBSCRIBE to the Mario Dattilo Show Podcast YouTube Channel:Mario Dattilo Show PodcastCheck out this podcast website: MarioDattiloShow.comLinks & Mentions From This Episode:Pelorus Equity Groupinfo@pelorusequitygroup.comir@pelorusequitygroup.comwww.mariodattilo.net

Commercial Real Estate Success With Lane Kawaoka

Commercial Real Estate Success With Lane Kawaoka

Welcome to the Mario Dattilo Show Podcast!In this episode, Mario talks with Lane Kawaoka about his approach to commercial real estate success. The topics include Lane's beginnings in real estate, the importance of building a network of investors and operators, the importance of empathy and storytelling in securing investments, strategies for accessing capital, the benefits of being a debt fund, and tips for achieving financial freedom.About Lane:In 2007, I graduated from college with a degree in Industrial Engineering and went to work as a construction supervisor. Study hard at school, get an engineering job, and work at said job for 40 years. But then I started investing in a SIMPLE single family home rentalWith $2200 a month rent and $1600 mortgage payment.... That was a lot of beer money For an early twenty year old engineerFor you that can be a means for quitting a job you don't like orA spouse staying at home to raise your own childrenIn 2015, As I reached 11 rental units I found a better way to invest for the busy professional by investing in private placements and syndications. I also found the secrets of the wealthy which I bring to SimplePassiveCashflow.comStart learning about real estate investing - SimplePassiveCashflow.com/startFind out more about Mario at MarioDattilo.netTalking Points:01:17 Lane’s Beginnings on “The Liner Path”02:22 Unscaleable Rental Properties03:26 It Takes More Than a Superficial Understanding to Be a Pro04:59 Lane’s Start in Multi-Family Real Estate05:53 Building a Network of Passive Investors and Operators06:16 Why Lane Went from Passive to Active Investor09:22 Empathy from Passive Investors10:44 Crafting the Story for Investors11:55 Lane’s First Deal12:33 Tapping into Capital Sources14:00 Reinvesting Profits Back into the Business15:42 Why Are You Doing a Capital Call?18:08 Always Have Some Capital as a Back-Up18:31 What Is Infinite Banking?20:01 You Need Reliable Liquidity in Tough Times21:25 Be Smart About Borrowing24:58 Learn From People Who Are Where You Want to Be26:05 Only Take Financial Advice From People Who Are Financially Free28:17 How Lane Competes in the Apartment Sector31:20 Why Lane Is Operating More Like a Debt Fund32:32 The Advantages of Creating Your Product33:30 What Attracts Lane to Debt35:03 The Predatory Strategy39:30 Underwriting Using Banks Strategy42:15 Look At Specific Overlooked Expences46:25 The Three Step Program To Reach Financial Freedom Three Times Faster Than The Average Joe‌SUBSCRIBE to the Mario Dattilo Show Podcast YouTube Channel:Mario Dattilo Show PodcastCheck out this podcast website: MarioDattiloShow.comLinks & Mentions From This Episode:Podcast: Passive Real Estate Investing via Simple Passive CashflowWebsite: www.simplepassivecashflow.comwww.mariodattilo.net