Working With Hard Money Lenders When Flipping Houses | TFTP w/ Austin Linney S2E3

Are you needing a hard money loan for your next rehab?

As Real Estate Investors, funding your deals is an obstacle we all face!

***Join Our Insider Community Text "TFTP" to 210-794-9898 for Insider Tips, information on live streams, events, and amazing free resources!

On this episode of Tips From The Pros - Former Hard Money Lender Employee... Austin Linney Shares EVERYTHING!

Not sure if you should get a Hard Money Loan? WATCH THIS!

⏰ TIME CODES ⏰
0:00 ✅ Working With Hard Money Lenders When Flipping Houses
3:06 ✅ Why real estate investing
5:21 ✅How your core values keep you out of trouble
7:19 ✅ What do hard money lenders look at
13:00 ✅ Where the hard money lenders get all their money
16:52 ✅ How do you justify somebody's experience
19:21 ✅ What is a HUD
19:41 ✅ What an investor should ask a hard money lender
25:16 ✅ Is Social media making investors motivated buyers
31:22 ✅ Don't focus on the sizzle and take a major risk
32:45 ✅ The BEST deal you ever get is the deal YOU don't BUY
33:17 ✅ Interviewing the Rockefellars - Sell EARLY!
35:50 ✅ Having a lifeblood in your business
36:42 ✅ Repositioning debt & Risk Tolerance in Texas
39:10 ✅ Reading the Tea Leaves. Time IN the market
41:23 ✅ Is it ok not to see the fruits from your investment for 4 years
42:12 ✅ Chasing the WRONG rabbit is NOT the way to go
43:17 ✅ What action can I take today to move the needle
44:00 ✅ Don't go running off YOUR private money lenders
45:04 ✅ YOU have to get married to the process Divorced from the results
46:49 ✅ That's easy for YOU to say BUT I'M BROKE & I don't have enough time
50:36 ✅ It CAN be DONE. Focus on the purpose
59:14 ✅ Let go of YOUR EGO..Talk about YOUR results
1:09:41✅ Breaking down the hard money loan details
1:19:20✅ What is the IMPACT to the investor to take the $$ back
1:22:33✅ What is the best way to use a hard money loan
1:24:07✅ What is a good vetting process to build a relationship with
1:26:07✅ What has 5 years done for Austin Linney
1:31:58✅ A nameless Construction Company that has sold 2 houses

Books Austin recommended:
📕 The Behavioral Investor by Daniel Crosby
📕 The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel
📕 The Slight Edge by Jeff Olson

Austins' Info:
Austin Linney Podcast: Construct Your life
https://www.youtube.com/channel/UCVBk2MDYRDO0DkpBeqXqSLQ
Mind Set Coach
AustinLinney.com
@AustinLinnney - Instagram

📽 ✂ Video editing is done by https://www.instagram.com/directordreday

Here's more real estate investing education:

🚀 Wholesaling Houses Jumpstart Video Series [FREE]

🚀 Don't know what's next? Schedule a Discovery Call with the Johns!

🚨 Don't miss Coffee With The Johns LIVE every Friday morning at 8 am

📺 Related Episodes

🔑You Must Get Your Real Estate License

🚨Before You Quit Your Job For Real Estate Investing Watch This!

💰How to Find Private Money Lenders for Real Estate Investing in 2021

👀 Before You Buy Your Rental Property WATCH THIS!

If you find this valuable, please SHARE 🙏

Keep sending us your questions! @prymehomes

Any questions, email jon@prymehomes.com

Texas Real Estate Market Update 2021 [⚡First Quarter]

If you are a real estate investor and invest in the Texas real estate market then this episode is a MUST WATCH!

***Join Insider Investors: 210-794-9898 for Insider Tips, information on live streams, events, and amazing free resources!

As real estate investors knowing where the market is and where it's going.

📒 EPISODE NOTES 📒

In this real estate market update, we'll share:

0:00 🚀 First QuarterTexas Real Estate Market Update 2021

1:01 🎯 Overall Texas market economic data

2:54 🎯 Employment in Texas

3:30 🎯 What's Driving The Growth In Texas

5:08 🎯 Austin Real Estate Market

10:15🎯 Dallas Fort Worth Real Estate Market

15:10🎯 Houston Real Estate Market

20:41🎯 The FULL San Antonio Real Estate Market

27:02🎯 Fastest-Selling Price Range In San Antonio

29:04🎯 Fastest-Selling Zip Codes In San Antonio

30:12🎯 The Worst Zip Codes In San Antonio

🎁 Want the SLIDES and the FULL List Of ZIP CODES??

Go to 👉 http://sarealestatemarket.com/

📽 ✂ Video editing is done by https://www.instagram.com/directordreday/

Here's more on how to invest in real estate:

🚀 Wholesaling Houses Jumpstart Video Series [FREE] http://wholesalingtherightway.com/

🚀 Don't know what's next? Schedule a Discovery Call with the Johns! https://courses.prymeacademy.com/StrategySession

🚨 Don't miss Coffee With The Johns LIVE every Friday morning at 8 am https://youtu.be/hTwWbVo3Hxk

📺 Related Episodes

🔑You Must Get Your Real Estate License

🚨Before You Quit Your Job For Real Estate Investing Watch This!

💰How to Find Private Money Lenders for Real Estate Investing in 2021

👀 Before You Buy Your Rental Property WATCH THIS!

If you find this valuable, please SHARE 🙏

Keep sending us your questions! @prymehomes

Any questions, email jon@prymehomes.com

How To Prepare If The 1031 Exchange Goes Away For Real Estate Investors

The new Biden Tax Plan might be getting rid of the 1031 Exchange in real estate investing. TEXT ME: 210-794-9898 for Insider Tips, information on live streams, events, and amazing free resources!

This isn't the end of the world!

Like everything, we as real estate investors must adapt.

As of now, the 1031 Exchange will be going away after a certain dollar amount. So you must make sure you stay within that amount to still capture the benefits.

Brian also covers the 40% tax on capital gains.

This clip of An Investors Journey is from an interview that we had with Tax Strategist Brian Lang for our segment of Tips From The Pros. Watch the FULL interview here https://youtu.be/1X07sflytkw

📽 ✂ Video editing is done by https://www.instagram.com/directordreday

Here's more real estate investing education:

🚀 Wholesaling Houses Jumpstart Video Series [FREE]

🚀 Don't know what's next? Schedule a Discovery Call with the Johns!

🚨 Don't miss Coffee With The Johns LIVE every Friday morning at 8 am

📺 Related Episodes

🔑You Must Get Your Real Estate License

🚨Before You Quit Your Job For Real Estate Investing Watch This!

💰How to Find Private Money Lenders for Real Estate Investing in 2021

👀 Before You Buy Your Rental Property WATCH THIS!

If you find this valuable, please SHARE 🙏

Keep sending us your questions! @prymehomes

Any questions, email jon@prymehomes.com

2021 Real Estate Tax Strategies With Biden Tax Plan | TFTP S2E2

Tips From The Pros is BACK! Season 2 Ep. 2 - 2021 Real Estate Tax Strategies With Biden Tax Plan

As much as we all HATE doing our taxes it is a MUST that you understand them as a real estate investor!

Many people use the thought process of, “my accountant will handle it” HA!

That’s how you find yourself owing tens of thousands!! In this interview of Tips From The Pros, we talk to Brian Lang CEO of UpsideCFO.

📒SHOW NOTES📒

0:00 ✅ 2021 Real Estate Tax Strategies With Biden Tax Plan

2:11 ✅What is Upside CFO

3:30 ✅ What is it that you do for Real Estate Investors at Upside CFO?

6:15 ✅ The value of having an expert do your books/taxes

9:00 ✅ When should a Real Estate Investor hire a bookkeeper?

11:11 ✅ Big mistakes real estate investors when doing their own books/taxes?

15:25 ✅ Best ways of running your own books

18:38 ✅ Why YOU must know how tax planning works

22:20 ✅ Cost of hiring a bookkeeper

24:46 ✅ The "Investor-Friendly" CPA

28:44 ✅ When should Wholesalers consider getting their LLC?

34:08 ✅ Buy a NEW car to Not pay taxes

38:28 ✅ Affects of the New Biden tax plan on real estate investors

43:18 ✅ Biden Tax Plan will hurt C-corp's

44:40 ✅ Tax The Rich....Does this really make sense???

49:43 ✅ Social Security exemption going away

53:00 ✅ Spend $2T-$4T NOW to make maybe, $2T over ten years!

54:14 ✅ 1031 Exemption going away!

1:03:37 ✅ BIG Tax Ding regarding Estate Tax & Stepped Up Basis!

1:07:44 ✅ NOBODY likes paying taxes

1:09:00 ✅ How to prepare YOURSELF for the Biden Tax Plan

1:12:53 ✅ Resources to better understand and stay up to date?

1:15:56 ✅ Recommendations for educational material (see below)

1:19:14 ✅ Your Personal Finances is also very important

1:23:33 ✅ Closing Thoughts and Review from Jon Barbera.

Contact Brian Lang
http://upsidecfo.com/
http://austinexecutivetax.com/ (Schedule a FREE call)

Brian Langs' Suggestions for Education
1. Traction by Gino Wickman
2. Scaling Up by Verne Harnish
3. Krisstina Wise, Life Coach
WealthyWealthy - https://wealthywellthy.life/
Sovereignty Academyhttps - https://sovereigntyacademy.com/

📽 ✂ Video editing is done by https://www.instagram.com/directordreday

Here's more real estate investing education:

🚀 Wholesaling Houses Jumpstart Video Series [FREE]

🚀 Don't know what's next? Schedule a Discovery Call with the Johns!

🚨 Don't miss Coffee With The Johns LIVE every Friday morning at 8 am

📺 Related Episodes

🔑You Must Get Your Real Estate License

🚨Before You Quit Your Job For Real Estate Investing Watch This!

💰How to Find Private Money Lenders for Real Estate Investing in 2021

👀 Before You Buy Your Rental Property WATCH THIS!

If you find this valuable, please SHARE 🙏

Keep sending us your questions! @prymehomes

Any questions, email jon@prymehomes.com