Episodios

  • Getting Started in Real Estate, an Honest Discussion with Ron LeGrand
    Jul 12 2024

    What you'll learn about in this episode:

    In this unique episode of The Mentor Podcast, host Ron LeGrand is interviewed by Debbie Waters, the marketing director at Global Publishing. They delve into Ron's extensive experience in real estate, providing insights into both starting and scaling in the industry. Ron shares his personal journey from a struggling mechanic to a real estate mogul, revealing the strategies and mindset that propelled him to success. This episode is packed with actionable advice for both new and seasoned investors, covering everything from risk management to maximizing returns through smart investing practices.

    Key Topics Covered:

    • Ron's Start in Real Estate: Discover how Ron transitioned from a mechanic to a real estate investor after attending a life-changing seminar.
    • Fundamentals of Wholesaling and Rehabbing: Ron explains the basics of wholesaling properties for quick profits and the more involved process of rehabbing.
    • The 'Terms' Approach: Learn about Ron’s strategy of buying and selling properties on terms, which reduces the need for traditional bank financing and minimizes risk.
    • Wealth-Building Strategies: Ron discusses the long-term wealth-building benefits of investing in 'pretty houses' through terms deals as opposed to quick flips.
    • Risk Management: Key strategies for managing risk in real estate investments, including the crucial rule of never personally guaranteeing loans.
    • Systems and Processes: Insights into the systems Ron uses to minimize his workload while maximizing profits, emphasizing the importance of automation and using virtual assistants.
    • Overcoming Challenges: Ron shares his early challenges and how overcoming these shaped his strategies and teaching methods.
    • Advice for New Investors: Practical tips for those new to the industry, including the importance of education and choosing the right deals to start with.
    • Ron's Motivation and Legacy: Insight into what keeps Ron motivated after over 40 years in real estate and his passion for teaching others.
    • Special Offers: Ron provides listeners with exclusive access to his educational materials and courses at promotional prices, aimed at helping new investors start their journey on the right foot.

    Resources:

    • Email Ask@RonLeGrand.com to get your questions answered
    • Call 888-355-3832 or go to www.TheMentorPodcast.com/START to get Ron’s very special offer for just $897! This includes his: TERMS course, his Wholesaling course, his Land Trust Course and his Generating Quality Leads course.
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    52 m
  • Maximizing Wealth with Self-Directed IRAs, a Game Changer for your Real Estate Investing Business with Nate Hare
    Jun 21 2024

    What you'll learn about in this episode:

    In this enlightening episode of The Mentor Podcast, host Ron LeGrand introduces Nate Hare, an expert in leveraging real estate investments through self-directed IRAs and other tax-advantaged pension plans. Nate provides his unique perspective on how to grow your wealth tax-free, using real estate as a strategic investment tool within your retirement accounts.

    This discussion is crucial for anyone looking to maximize their financial growth with minimal risk and no borrowing, complementing Ron's teachings on financial freedom.

    Key Topics Covered:

    • Introduction to Self-Directed IRAs: Nate explains the basics and the power of using self-directed IRAs for real estate investments, emphasizing the potential for creating tax-free wealth.
    • Difference Between Custodians: The distinction between financial institutions like Fidelity and specialized custodians like Directed IRA, which allow for non-traditional investments such as real estate.
    • Types of Plans for Self-Direction: Discussion on various retirement plans that can be self-directed, including Traditional IRAs, Roth IRAs, Solo 401(k)s, HSAs, and ESAs, and their respective benefits.
    • Investment Strategies in Tax-Exempt Plans: Nate shares why certain investment strategies work best in Roth IRAs and other tax-exempt plans, highlighting the advantages of tax-free growth and distributions.
    • Real-Life Success Stories: Inspirational stories of investors who have successfully utilized their IRAs to invest in real estate, demonstrating the potential returns and tax benefits.
    • Advice on Roth Conversions: Tips on converting traditional IRA funds to Roth IRAs to maximize future tax-free gains.
    • Leveraging Other People’s IRAs: Strategies for using other people's retirement funds legally and ethically to finance real estate deals without traditional banking.
    • Understanding IRS Rules on Investments: Insights into what the IRS allows and monitors concerning self-directed IRA investments.

    Resources:

    • Email Podcast@RonLeGrand.com and use “IRA Slides” in the Subject Line to get the slide deck of Nate’s presentation.
    • Sign up for a Free Mentor Panning Session: https://www.RonLeGrand.com/Plan
    • Free Training: www.TheMentorPodcast.com/Terms
    • Get Ron’s $599 Wholesaling course for FREE when you join his Gold Club for ONLY $59 a month! – www.TheMentorPodcast.com/GC165
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    19 m
  • Building Wealth and Community: A Conversation with Dedric and Krystal Polite on Real Estate Success
    May 17 2024

    What you'll learn about in this episode:

    In this episode of The Mentor Podcast, host Ron LeGrand is joined by Dedric and Krystal Polite, entrepreneurs recognized from their popular TV show on Hulu and A&E, "50/50 Flip." Discover the unique strategies they employ in real estate to foster financial stability and generational wealth, all while managing a family and contributing positively to their community. The couple share their journey from corporate America to becoming influential real estate investors and television personalities.

    Key Topics Covered:

    • Transition from Corporate to Real Estate: Dedric and Krystal detail their shift from traditional 9-5 jobs to full-time real estate investing, highlighting the initial challenges and learning curves they faced.
    • Reality TV Insights: Insights into the behind-the-scenes realities of filming a real estate-focused reality TV show, emphasizing the authenticity and daily business operations featured.
    • Community Impact and Affordable Housing: The Polites discuss their commitment to providing affordable housing and their contributions to the community, reflecting their upbringing in similar environments.
    • Diverse Investment Strategies: Exploration of various real estate strategies including wholesaling, buy-and-hold, flips, and creative financing, underscoring the importance of having multiple exit strategies in the business.
    • Mentorship and Education: The significant role of mentorship and proper education in real estate success, as well as the couple's experiences with early mistakes and how they shaped their approach.
    • Creative Financing and Seller Financing: They share insights on creative financing and seller financing, which have been pivotal in scaling their real estate ventures.
    • Long-term Goals and Generational Wealth: Discussion on their long-term goals, including building generational wealth and impacting others by opening doors to real estate opportunities.
    • Advice for New Investors: The Polites offer advice to new investors, stressing persistence, education, and the reality of real estate investment not being a 'get rich quick' scheme.

    Resources:

    • Sign up for a Free Mentor Panning Session: https://www.RonLeGrand.com/Plan
    • Free Training: www.TheMentorPodcast.com/Terms
    • Get Ron’s $599 Wholesaling course for FREE when you join his Gold Club for ONLY $59 a month! – www.TheMentorPodcast.com/GC164
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    32 m
  • Revealing Lesser-Known Tax Breaks with Joe Viery: Cost Segregation Strategies for Real Estate Investors
    May 10 2024

    What you'll learn about in this episode:

    In this jaw-dropping episode of The Mentor Podcast, host Ron LeGrand sits down with cost segregation expert, Joe Viery, to uncover significant tax-saving strategies for real estate investors.

    Joe founded his company with the goal of providing quality cost segregation studies. As a Cost Segregation Professional, CSP, he has helped property owners defer or eliminate millions of dollars in income taxes by leveraging IRS compliant cost segregation studies.

    Since becoming a CSP in 2007, Joe has performed thousands of cost segregation studies for clients in various industries ranging from $500,000,000 commercial properties to $50,000 single family residences.

    Joe shares invaluable insights on how to leverage cost segregation for both residential and commercial properties, potentially saving thousands of dollars in taxes. If you're a real estate investor or planning to buy properties, this episode is a must-listen as Joe walks through the benefits of accelerated depreciation and energy tax credits.

    Key topics covered:

    • Accelerated Depreciation: How cost segregation accelerates depreciation for real estate investors and the benefits of time value of money.
    • Tax Deductions: The types of components in a building that can be accelerated for tax deductions, such as flooring, appliances, and landscaping.
    • Cost Segregation for Residential Properties: The applicability of cost segregation not only for commercial properties but also for smaller residential properties.
    • Tax Credit for Energy Efficiency: How energy-efficient upgrades in properties can qualify for significant tax credits through the 45L program.
    • Depreciation Recapture: Understanding the implications of depreciation recapture and how cost segregation can mitigate it.
    • 1031 Exchanges: The impact of cost segregation on properties involved in 1031 exchanges and how to maximize tax benefits.
    • Bonus Depreciation: The phasing out of bonus depreciation and what it means for real estate investors.
    • Tax Planning: The importance of consulting with tax professionals and financial planners to make informed decisions about cost segregation.

    Resources:

    • For a Free Estimate, go to www.TheMentorPodcast.com/Costseg
    • Sign up for a Free Mentor Panning Session: https://www.RonLeGrand.com/Plan
    • Free Training: www.TheMentorPodcast.com/Terms
    • Get Ron’s $599 Wholesaling course for FREE when you join his Gold Club for ONLY $59 a month! – www.TheMentorPodcast.com/GC163
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    31 m
  • Demystifying VA, FHA, and Conventional Loans with expert, Jamie Holmes
    May 3 2024

    What You'll Learn About in This Episode:

    In this informative episode of The Mentor Podcast, Ron LeGrand is joined by Jamie Holmes. Jamie brings over 12 years of experience in loan origination to the table, distinguishing himself as one of the top 1% of originators in the United States. Throughout his career, Jamie has successfully originated over $400 million in loan volume. Licensed in Florida, Georgia, Alabama, and Virginia, he has a broad reach and a deep understanding of diverse mortgage markets. Outside of his professional life, Jamie is a dedicated father of two and a proud cat dad, balancing his personal and professional commitments with passion and dedication.

    Join them for their discussion on the intricacies of various loan types, especially focusing on VA loans, FHA loans, and conventional loans, as well as providing valuable insights into the lending process, the impact of credit scores, and how to navigate the ever-changing landscape of loan requirements.

    Key Topics Covered:

    • Understanding VA Loans: Jamie discusses the benefits and flexibility of VA loans, including no down payment and no strict DTI (Debt to Income) threshold. He also explains the VA entitlement and how veterans can maximize this benefit.
    • FHA Loans Explained: The conversation covers the essentials of FHA loans, including their lower credit score requirements and the implications of the debt-to-income ratio. Jamie highlights the challenges and common issues faced by borrowers when applying for FHA loans.
    • Conventional Loans: They delve into the details of conventional loans, including down payment requirements and the influence of a borrower's credit score on loan terms.
    • Loan Application Process: Jamie outlines the standard documents required for a loan application and the importance of a thorough credit check.
    • Credit Score Impact: The discussion emphasizes the critical role of credit scores in determining loan eligibility and terms, debunking common misconceptions about credit pulls.
    • Real Estate Professionals' Tips: Ron and Jamie discuss strategies for real estate professionals to assist their clients better, including understanding the nuances of different loan types and preparing clients for the application process.

    Resources:

    • Need help with a loan? Contact Jamie at www.TheMentorPodcast.com/JamieHolmes
    • Sign up for a Free Mentor Panning Session: https://www.RonLeGrand.com/Plan
    • Free Training: www.TheMentorPodcast.com/Terms
    • Get Ron’s $599 Wholesaling course for FREE when you join his Gold Club for ONLY $59 a month! – www.TheMentorPodcast.com/GC162
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    37 m
  • Mastering the Digital Frontier: High-Impact Lead Generation Strategies for Real Estate Investors
    Apr 26 2024

    What you'll learn about in this episode:

    In this insightful episode of "The Mentor Podcast," host Ron LeGrand and Brandon Bateman, dive deep into the strategies and nuances of generating quality leads online, which is crucial for anyone in the real estate investment business looking to buy houses directly from sellers. They discuss the transition from traditional lead generation methods to online platforms and how these can significantly enhance the quality and quantity of leads. Brandon shares his expertise in managing successful campaigns tailored to the specific needs of real estate investors, ensuring that leads are not only abundant but also highly targeted and effective.

    Key Topics Covered:

    • The Importance of Quality Leads: Understanding why having a steady influx of quality leads is essential for successful real estate investment and how it forms the backbone of the business.
    • Transition from Traditional to Online Lead Generation: Brandon discusses the shift in lead generation from traditional methods like direct mail and cold calling to more modern and efficient online strategies, emphasizing the growing trend of sellers using online platforms to find buyers.
    • In-depth Look at Online Marketing Strategies: Detailed explanation of search marketing and how it targets potential sellers who are actively seeking to sell their properties, making the leads generated much more likely to convert into sales.
    • Custom Campaign Management: Brandon outlines how his company, Bateman Collective, creates customized marketing campaigns that align with the investor's brand and market, offering a more personalized approach compared to generic pay-per-lead services.
    • Metrics and Optimization: They explore how data-driven strategies can optimize marketing campaigns, focusing not just on lead quantity but on lead quality and conversion to deals.

    Advice for New and Experienced Investors: Brandon and Ron discuss the best practices for both new and seasoned investors, emphasizing the importance of being prepared to handle leads effectively before investing heavily in lead generation.

    Resources:

    • Schedule a call with one of Brandon’s team members at www.TheMentorPodcast.com/Brandon
    • Sign up for a Free Mentor Panning Session: https://www.RonLeGrand.com/Plan
    • Free Training: www.TheMentorPodcast.com/Terms
    • Get Ron’s $599 Wholesaling course for FREE when you join his Gold Club for ONLY $59 a month! – www.TheMentorPodcast.com/GC161
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    27 m
  • Introducing GPI Marketplace, Your Free Off Market Property Finder Platform
    Apr 19 2024

    What you'll learn about in this episode:

    In this exciting episode of The Mentor Podcast, Ron is joined by Mark Kole and Melissa Wolf to introduce an innovative global real estate marketplace, GPI Marketplace. This episode is a game-changer for real estate investors, offering a platform that enables buying, selling, and investing in properties worldwide with unparalleled ease and efficiency. From the intricacies of tokenization and blockchain in real estate to practical tools for investors at all levels, this episode is packed with information that promises to transform the way real estate investing is done.

    Key Topics Covered:

    • Introduction to GPI Marketplace: A global platform for real estate investors, offering a comprehensive suite of tools for buying, selling, and investing in properties without traditional barriers.
    • Tokenization and Blockchain in Real Estate: An in-depth discussion on how GPI Marketplace leverages blockchain technology to enable tokenization of properties, allowing for fractional ownership and investment opportunities.
    • Navigating the Platform: Insights into how the marketplace operates, including creating a buy box for personalized property alerts, listing properties for sale, and accessing a network of motivated sellers and investor-friendly services.
    • Digital Offer and Closing Processes: The process of making digital offers, interacting with sellers, and utilizing integrated title companies for streamlined closing processes, emphasizing the importance of direct communication.
    • Investment Opportunities: How investors can passively invest in tokenized real estate projects, including pooled properties, with an explanation of the benefits and the process of tokenization.
    • Support for New and Seasoned Investors: GPI Marketplace as a resource-rich platform for both new investors learning the ropes and seasoned professionals looking for efficiency and broader market access.
    • Anticipated Impact on the Real Estate Industry: Reflections on how the GPI Marketplace is poised to change the real estate landscape by connecting investors globally, offering digital solutions, and introducing new investment methodologies like tokenization.

    Resources:

    • Join the GPI Marketplace for FREE at www.GPIMarketplace.com
    • Sign up for a Free Mentor Panning Session: https://www.RonLeGrand.com/Plan
    • Free Training: www.TheMentorPodcast.com/Terms
    • Get Ron’s $599 Wholesaling course for FREE when you join his Gold Club for ONLY $59 a month! – www.TheMentorPodcast.com/GC160
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    45 m
  • Unlocking Wealth Through Land: Brent Bowers' Journey from Struggle to Success in Real Estate Investing
    Apr 12 2024

    Episode 159:

    As an Army Officer with over 8 years of service, Brent Bowers was spending a great deal of time away from his family, and he knew he needed to make some changes in order to be more present with his wife and children. His interest in real estate began in 2007 when he purchased his first home and began exploring real estate investing as a way to support his family while being able to enjoy more time with them, as well.

    In a short amount of time, Brent was able to expand his business, hire a team and, most importantly, spend quality time with his family while still working hard and helping others. While Brent invests in many different types of real estate, his most successful investment strategy is buying and selling vacant land, and he enjoys sharing his expertise in this area. Brent chooses to live his life based on Bob Burg’s quote, “Your influence is determined by how abundantly you place other people’s interests first.” He is passionate about helping other people find success in real estate investing, particularly in land investments.

    What you'll learn about in this episode:

    In this engaging episode of The Mentor Podcast, host Ron LeGrand invites special guest Brent Bowers, a remarkable entrepreneur thriving in the land investment niche. Together, they delve into the world of land flipping, offering listeners an insightful look into creating additional income streams through real estate, specifically focusing on the unique opportunities vacant land presents. Brent shares his journey from starting in real estate, facing setbacks, and eventually finding success in land investing, highlighting the strategic approaches and mindset shifts that led to his accomplishments.

    Key Topics Covered:

    • Introduction to Land Flipping: Brent shares his journey from initial struggles in real estate to discovering and excelling in the niche of land flipping, emphasizing the simplicity and effectiveness of his investment strategy.
    • The Appeal of Vacant Land: The discussion highlights the benefits of investing in vacant land, such as the lack of maintenance, the potential for seller financing, and the significant interest income generated from these investments.
    • Strategies for Acquiring and Selling Land: Brent details his process for identifying undervalued land, acquiring it at a discount, and selling it at a profit. He emphasizes the importance of seller financing as a method to generate passive income.
    • The Role of Direct Mail in Land Flipping: The episode covers the specifics of Brent's direct mail strategy, including sending postcards and offer letters to landowners who might be motivated to sell, and how this approach generates leads and deals.
    • Scaling the Business and Delegation: Brent speaks on scaling his land flipping business, the importance of delegation, and utilizing systems like CRM tools to manage the process efficiently.
    • Market Selection and Research: Insights into selecting the right markets for land flipping are shared, with Brent discussing how he uses tools like Redfin to analyze demand and set pricing strategies for different regions.
    • Success Stories and Practical Tips: The episode features success stories from Brent’s land flipping ventures, providing listeners with practical tips and encouraging them to take action based on the valuable information shared.

    Resources:

    • For more information and to get a copy of Brent's postcard, go to www.RonLeGrand.com/Land and someone will reach out to you shortly!
    • Sign up for a Free Mentor Panning Session: https://www.RonLeGrand.com/Plan
    • Free Training: www.TheMentorPodcast.com/Terms
    • Get Ron’s $599 Wholesaling course for FREE when you join his Gold Club for ONLY $59 a month! – www.TheMentorPodcast.com/GC159
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    28 m