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The Spouses Flipping Houses Podcast: Sensationally Educational?

The Spouses Flipping Houses Podcast: Sensationally Educational?

Doug & Andrea Van Soest were two aspiring entrepreneurs with an internal drive and motivation to escape the rat race. Never wanting to succumb to the life of a 9 to 5 day job, the energetic and enthusiastic couple devoted their early days to studying business and entrepreneurship from some of the greatest minds the world has seen today.

After having run a successful candy corn business the two found a passion and drive in the world of real estate, as they say the rest is history.

Doug & Andrea

doug-andrea-van-soestResiding in the Inland Empire of Southern California, Doug & Andrea have been running a successful Real Estate solution service helping home owners and landlords with their real estate troubles and problems.

While their primary business is revolves around property management, they’ve also found a passion in Real Estate Investing, buying and selling rehabbed homes all under the creative direction of Andreas artistic real estate visions.

The two were named a real estate power couple by meetup.com in 2013 and have since sought to expand their scope and reach just a little bit farther.

Instead of primarily focusing on helping landlords and home owners, the two have found an additional audience that are all interested and learning their primary focus in this business: real estate investing.

Spouses Flipping Houses is Born

spouses-flipping-housesIt was from this initial idea to help aspiring investors that prompted them to create a podcast specifically designed for the noobie investor. A podcast with no fluff, no filler, no sales pitches and no bait and switches. A true, legitimate source of information that was pure content for an ever growing audience all looking to get started in real estate investing.

Since it’s initial release to date, their podcast has had a collective download of around 15,000 downloads to their show. People from all over the world tune in to listen to the married couple teach them valuable, actionable information straight from the trenches of their real estate investing world.

Filled with how-to’s, step-by-step instructions and guidelines and advice on how to avoid pitfalls when getting started, this podcast is one of the best currently available.

Their no bs style and approach has really garnered the attention of thousands of people around the world and is continuing to grow this day.

How this can Help You?

Look, if you’re getting started in business, or real estate investing more specifically you’re going to need ALL the help you can get. There are plenty of mistakes in this business, that without the proper mentor to guide you, you can easily break the bank and lose everything you’ve got.

Doug & Andrea are viable mentors that anyone can get the straight scoop on what to do and how to do it. Especially since their target audience are beginner investors, you can expect Doug & Andrea to be there to guide you from beginning to end.

The best part is the two are extremely available to all of their audience.

Doug & Andrea leave no question or comment ignored and have a natural tendency to respond to every message or email they receive which is fantastic.

You can literally reach out to them with any questions and they respond in very detailed ways that I don’t think many other brands are doing. So major kudos to Doug & Andrea for being there for their audience.

With that being said, and with you’re understanding of who these two are, it’s time to check out their work and see for yourself whether the Spouses Flipping Houses Podcast is something that will benefit you.

Property Management is requested in Real Estate Investments

You’ve thought about starting your own real estate investment business, but have you thought about how would you manage everything?

real-estate-investorsRunning this kind of business is different than running a coffee shop or managing a corner store. It’s different because it requires other things than a usual business. You do know how hard it is sometimes to manage your own home, now imagine what it means to manage an apartment complex with two or three buildings and about 100 apartments.

Well, the truth is that this can all be solved really simple – you need a property management company or professional. These are the people who know exactly what needs to be done in an apartment complex and they will get it done for you.

If you think that it’s hard to manage the utility bills that you receive each month, what would it mean to manage the bills for all the apartments from a complex?

Real_Estate_Investment-512That’s just a rhetoric question, and even if it is true in some aspects, there are also big differences between managing an apartment and managing an apartment complex.

A property management specialist is a person who has the needed credentials to take care of everything related to property management. You may be the owner of the building, but you will need someone specialized to take care of all the aspects that this business implies.

They will make sure that the leasing contracts are properly done and that the rent is collected in time from the tenants. They will also make sure that the bills are paid in time, and the tenants pay their own part of the bills. They will also make sure that other aspects are solved, like repairs or small maintenance procedures.

When you hire a property management company for your new complex of apartments, make sure you ask for their credentials and license. They are not allowed to practice if they don’t have a license, so it’s better to check them out before. Also, ask for a written contract where it’s stipulated every obligation that they have and what exactly are they offering for the price they request.

investorIt’s good to have a property valuation done before you hire someone to do your property management. This way, you will be able to present them with the written report and see what they can solve. Usually, there are repairs to be done and the property management specialist needs to know how to solve the problems. It’s not about doing the repairs themselves, but it’s about engaging the right person for fixing a problem – you might need an electrician, a plumber, a constructor or any other specialist.

Property management requires a good amount of time to be spent in that apartment complex, so you need someone who is dedicated and specialized in this kind of work. For the money that you are paying, they need to take care of all the problems and present you monthly reports on how the money was spend and what have they done during that time.

Choose wisely when you hire a property management specialist, and you won’t have to worry about your investment.

Real Estate Investing with Pros and Cons

If you’ve ever thought about becoming your own boss, becoming a real-estate investors is one of the things that you could do. However, don’t imagine that it would be as simple as it looks. This is like running a business, and to find the success you want, you’ll have to start thinking as a businessman.

We’ll start with the cons of this domain, as this is what people usually fear.

When you decide to buy a real estate property for investing, you might finish the papers in time and next you’ll want to explore your property. One of the things that people often find out is that their property needs a lot of repairing. This can be extremely expensive, and if it is not done in time, you won’t be able to rent all those apartments. For example, you may run into a client where they needed to sell their property in a hurry but are unable to do so due to the extensive repairs required. Your job as the investor is to be able to provide them a service where you’re able to cover all of these costs so they will be more likely to sell to you since they won’t have to.

53b23bac7bd7199a06000108Nobody will want to live in an apartment that has no utilities – you’ll have to fix the pipes, the water supply, the AC units and so on. For all this, you will need to call for a professional property management company, as it’s hard to take care of all this. However, this is a price that you’ll have to pay no matter if you have one apartment rented or the lot of them, so make sure you have enough money for this until you’ll be getting some income out of it.

It might be a time before you’ll feel the cash-flow, so be prepared to sustain your investment from your own pocket. Think about that you’ll have to pay the mortgage – if you’ve taken a loan, along with the rest of the bills – for proper management, water, and electricity and so on.

about-rightThe advantage of this kind of business is that there will always be people in need of a place to stay. There are students, young people and even older people who prefer to pay rent than to buy their own house. The motives can be different, but the truth is that they are all looking for a place to call their own at least for a certain period of time, short or long.

You could be making a lot of money if you have everything set up in your apartment complex. This means that there have to be no problems with the water supply, with the electricity or with any other facility that you are offering.

If you have someone who takes care of the property management – making small repairs, paying the bills, collecting the rent or even finding people to live there, then it’s all ok.

fix-and-flips-loans-real-estateWith a nice property, you could afford to pay for all of your expenses and even have some money available to use for yourself. It’s important to have a constant cash-flow, but you’ll have to maintain the building and pay for every repair or maintenance project.

The initial investment will be covered soon, if you offer a quality space for people to rent. As was said before, nobody wants to live in a bad place, so your services will be highly appreciated if you do for your tenants more than others do. This will also allow you to ask for a bigger rent, increasing your income.

Some companies like SCHB have mastered the real estate investment business and provide a wonderful service their clients in California absolutely love. They have learned to balance business with compassion and understanding from people in need. If this is the type of business you would like to venture into, then being able to harness these skills is essential for success. One of their primary locales in California is Southern california. And they operate heavily by purchasing homes in los angeles fast for cash from people in need.