Income Flip Podcast

#69. Cory King—From Bartender to Real Estate Hustler: A DIY Path to Wealth

In this conversation, Rob Chevez interviews Cory King, exploring his journey from working in the restaurant industry to becoming a successful real estate investor and agent. Cory shares his early motivations, experiences with real estate auctions, and the strategic decisions that led him to build a profitable portfolio. He emphasizes the importance of location, market research, and leveraging client relationships to maximize investment opportunities. The discussion highlights the challenges and rewards of transitioning into real estate, as well as practical tips for aspiring investors. In this conversation, Cory King and Rob Chevez discuss various investment strategies, focusing on wealth building through real estate. They explore the importance of networking for out-of-state investors, share insights on market trends, and reflect on personal experiences with both successful and challenging deals. The discussion emphasizes the need for sound strategies, community connections, and the lessons learned from navigating the complexities of real estate investment.

#68. Justin Purpero—$300K Summers: Inside the Mortgage Hustle

In this episode of The Income Flip, Rob Chevez interviews Justin Purpero, a seasoned mortgage professional who shares his entrepreneurial journey from struggling to find his path to becoming a top performer in the mortgage industry. Justin discusses the challenges he faced during the mortgage meltdown, the tactical insights he gained from making hundreds of calls, and how he pivoted to focus on jumbo financing for self-employed clients. He emphasizes the importance of niching down in business, the role of AI in the future of the mortgage industry, and his predictions for market trends. The conversation is rich with insights for entrepreneurs and those in the real estate sector.

#67. Nathan Turner—Unlocking the Secrets of Notes Investing

In this conversation, Nathan Turner shares his journey into the world of notes investing, detailing how he stumbled into the field through real estate and fix-and-flip projects. He discusses the evolution of his business model from managing properties to focusing on seller financing and non-performing notes. Nathan emphasizes the importance of networking and community in the investment space, highlighting platforms like Paper Stack for finding notes and the significance of partnerships in funding deals. In this conversation, Nathan Turner discusses the complexities of managing investor funds, the transition to a fund structure, and the importance of education in note investing. He shares insights on building a network for deal flow, operational challenges, and the significance of running a successful conference. Nathan also provides personal insights into his life and future goals, emphasizing the importance of creating a life by design.

#66. David Little—The Art of Identifying Successful Borrowers

In this conversation, David Little shares his entrepreneurial journey from a W2 employee in the engineering sector to a full-time entrepreneur in the real estate space, specifically focusing on hard money lending. He discusses the challenges and insights gained throughout his journey, including the importance of trust with investors, the strategic decision to focus on the Texas market, and the balance between work and family life. David emphasizes the need for business owners to delegate tasks and value their time as they grow their businesses. In this conversation, Rob Chevez and David Little explore the journey of entrepreneurship, focusing on the transition to a new mindset, learning from past mistakes, identifying successful borrowers, the importance of partnerships, and defining business goals. They emphasize the significance of personal growth and the need for autonomy in business, while also discussing the complexities of partnerships and the importance of aligning values and goals with partners.

#65. James Brown—Exploring the Rent-to-Own Model

In this episode of the Income Flip Podcast, Rob Chevez interviews James Brown, a real estate investor from Colorado. James shares his journey from being a graphic designer to becoming a successful investor focusing on rent-to-own and co-living models. He discusses the challenges of the Colorado real estate market, the benefits of the rent-to-own model, and how he transitioned into co-living investments with the help of PadSplit. The conversation highlights the importance of community, market analysis, and innovative solutions to address housing affordability. In this conversation, Rob Chevez and James A Brown explore the intricacies of co-living and sober living arrangements, the importance of community in real estate investing, and the strategies for building wealth through innovative investment models. They discuss the challenges faced in co-living environments, the heart behind real estate investing, and the significance of networking and collaboration among investors. The conversation also touches on the creation of cash flow and wealth through various investment strategies, and offers insights for those looking to get started in rent-to-own and co-living spaces.

#64. Bill Allen—The Power of Hiring and Delegating in Real Estate Investing

Bill Allen shares his journey from being a test pilot to becoming a successful real estate investor. He started by buying rental properties and gradually transitioned into flipping houses. Despite facing challenges and setbacks, he persevered and built a thriving business. Two key lessons he learned were the importance of hiring and delegating tasks to a team, and the need for hard work and dedication. He also emphasizes the significance of maintaining a healthy work-life balance and renewing contracts with loved ones. The conversation explores the importance of involving your partner in decision-making and the value of building both an active income machine and a net worth through assets. It also delves into the concept of creating a comprehensive financial model for a wholesaling business, focusing on the key metric of the return on marketing investment. The conversation emphasizes the significance of tracking data and understanding the effectiveness of different marketing channels. It also highlights the importance of having a strong sales team and the need for salespeople to self-generate leads to drive down costs and increase their commission percentage. In this conversation, Bill Allen and Rob Chevez discuss various topics related to real estate investing and entrepreneurship. They touch on commission structures, marketing budgets, scaling flipping businesses, and the importance of building vertically integrated companies. They also talk about the Kids Who Flip TV show that Bill is working on, which follows young entrepreneurs in the real estate industry. Bill shares insights into his software, In The Room, which helps optimize live events and capture valuable data. Overall, the conversation provides valuable insights and advice for real estate investors and entrepreneurs.

#63. Carlos Samaniego—Tax Troubles: How to Avoid Common Pitfalls

In this episode of the Income Flip Podcast, Rob Chevez interviews Carlos Samaniego, who shares his journey from a military medic to a tax expert. Carlos discusses his early financial mistakes, including not filing taxes for eight years, and how he eventually turned his struggles into a successful career helping others navigate their tax issues. The conversation covers the importance of understanding tax liabilities, the current challenges with the IRS, and practical advice for real estate entrepreneurs to avoid common pitfalls. In this conversation, Rob Chevez and Carlos Samaniego EA delve into the complexities of payroll taxes, IRS enforcement, and the challenges faced by individuals and businesses dealing with tax debt. They discuss the severe consequences of payroll tax issues, including potential jail time, and the importance of addressing tax problems proactively. The conversation also highlights the increasing automation within the IRS and its implications for tax collection, as well as strategies for negotiating IRS debt and the stigma surrounding tax issues. Finally, they emphasize the importance of setting up proper financial practices to avoid tax complications in the future.

#62. Ruben Kanya—Mastering the Midterm Rental Market

In this conversation, Rob Chevez interviews Ruben Kanya, a multifaceted entrepreneur and real estate expert. They discuss Ruben's diverse background, his journey into real estate, and the importance of leveraging resources and media for business growth. Ruben shares insights on transitioning from short-term to midterm rentals, understanding the market dynamics, and effective pricing strategies. He emphasizes the significance of mastermind groups and the value of continuous learning and experimentation in achieving success. The conversation concludes with Ruben's aspirations for future growth and exploration.

#61. Jacobo Hernandez—Scaling Success: From E-Commerce Hustle to $10M Airbnb Portfolio

In this conversation, Jacobo Hernandez-FreedomVest shares his journey from a world traveler to a successful entrepreneur in real estate and e-commerce. He discusses his early experiences in Switzerland and China, the lessons learned from his e-commerce business, and his transition into the Airbnb market. Jacobo emphasizes the importance of strategic investment, market analysis, and lifestyle design, ultimately aiming for a future in boutique hotels and unique experiences. In this conversation, Rob Chevez and Jacobo Hernandez discuss the intricacies of real estate investment, focusing on capital raising, networking, and the transition from e-commerce to real estate. Jacobo shares insights on optimizing Airbnb listings, revenue management strategies, and the economics of boutique hotels. They also touch on personal journeys, the importance of connections in business, and the metrics that matter in investment decisions.

#60. Matias Dorch—Creating Efficient Systems in Architecture

In this episode of the Income Flip Podcast, Rob Chevez interviews Matias Daroch, an architect and developer based in Miami. Matias shares his journey from a young aspiring architect in Chile to establishing his architecture firm in Miami. He discusses the challenges of entering the real estate market, the importance of understanding the permitting process, and the lessons learned from his early projects. The conversation also explores the transition from affordable housing to modern luxury homes and the strategies for building a successful architecture business. In this conversation, Matias Daroch shares insights on building a successful architecture firm in Miami, emphasizing the importance of creating an autonomous team, shifting from a do-it-yourself mindset to effective delegation, and the significance of mentorship and coaching. He discusses the balance between maintaining a sweet spot in business while continuously striving for improvement and the uniqueness of each architectural project.