Live Q&A - Company Culture, Buying Strategies During the Holidays, and How to Avoid Holding Properties Too Long

Live Q&A - Company Culture, Buying Strategies During the Holidays, and How to Avoid Holding Properties Too Long

Author: Inspiring interviews with today's most successful real estate investors! December 15, 2022 Duration: 35:43

Highlights From The Show:

Welcome to this version of the Just Start Real Estate Podcast! I am excited to bring you another replay of my Live Question and Answer sessions. For those people that are unable to join us live, this will provide an opportunity to hear the awesome questions I am fielding about business, taking risks, real estate, and so much more!

 

This presentation is the live Q&A that I did the week of November 30th and each Thursday we will offer you another chance to take advantage of listening to the answers to our guests’ fabulous and compelling questions! Don’t miss this new episode of the Just Start Real Estate Podcast!



Notable Quotes:

“There is no way an online experience creates a deeper, more meaningful, impactful relationship than in person. There is just no way.”

 

“I don’t think anyone can really multitask.”

 

“Even more than a maintenance cost issue, a long-term rental with a pool can be a liability issue.”

 

“Raising rents on a tenant-occupied rental that you just bought is 100% legal, but what are your ethical obligations?”

 

“Giving tenants more time to either figure out how to pay more rent or move is nice, but not required.”

 

“The market, or consumers, have the right to tell you, ‘That rent is too high and I am not willing to pay it.’”

 

“That is just how business is done all the time with multifamily investments. Why would you question it for a single-family house?”

 

“Please be a nice person, but don’t feel like you are doing anything immoral or unethical by raising the rent to fair market value.”






Thank You for Listening!

 

Help Out the Show:

  • Leave an honest review on iTunes. Your ratings and reviews really help and I read each one.
  • Subscribe on iTunes.

 

More Resources From Mike:


Mike Simmons hosts Investor Cheat Code Podcast, a series built on the idea that the most effective strategies are often the personal ones not found in any textbook. The concept is simple: in video games, a cheat code is a hidden key that unlocks advantages, and this podcast applies that same principle to building wealth through property. You’ll hear inspiring interviews that go beyond surface-level advice, diving into the specific routines, mental frameworks, and sometimes counterintuitive tactics that today's most successful real estate investors actually use in their daily operations. Each conversation is designed to uncover those nuanced habits-the real cheat codes-that have led to tangible results for top performers. Rather than offering generic tips, this podcast focuses on the actionable and often overlooked details that can accelerate your journey. It’s for anyone interested in the practical realities of investing, entrepreneurship, and business growth, delivered through candid discussions that feel like you're getting direct access to a mentor's playbook. Tune in to discover how subtle shifts in strategy and mindset can unlock new levels of opportunity in your own portfolio.
Author: Language: English Episodes: 100

Investor Cheat Code Podcast with Mike Simmons
Podcast Episodes
Building Unique Short-Term Rentals with Alex Jarbo [not-audio_url] [/not-audio_url]

Duration: 40:34
Today's Guest: Alex Jarbo Alex is the founder and CEO of Sargon Investments and has an MBA with a concentration in real estate development. He’s also a former Marine, a regular contributor to some of the world's top real…
Being a Good Person and Success in Business REWIND [not-audio_url] [/not-audio_url]

Duration: 1:02:23
Today's Guest: Andy McFarland Andy is not only a successful investor and mentor but also a close personal friend. He and I have traveled together as members of the 7 Figure Flipping Mastermind, and his stellar character…
Live Q&A - Mastering Direct Mail and Buying Above Median Home Value [not-audio_url] [/not-audio_url]

Duration: 49:50
Highlights From The Show: Welcome to this version of the Just Start Real Estate Podcast! I am excited to bring you another replay of my Live Question and Answer sessions. For those people that are unable to join us live,…
How to Get Started in Multifamily with Taylor Loht [not-audio_url] [/not-audio_url]

Duration: 40:31
Today's Guest: Taylor Loht Taylor is a real estate investor focusing on multifamily apartments and self-storage properties. To date, he has acquired, partnered on, or otherwise had a hand in over $150 million dollars in…
Flipping, Wholesaling, and Multiple Streams of Income REWIND [not-audio_url] [/not-audio_url]

Duration: 1:01:55
Today's Guests: Rob Badhorn & Ernie Vargas In this episode, I get the chance to interview fellow 7 Figure Flippers Rob Badhorn and Ernie Vargas. Rob lives in Arizona, but performs flips and owns rentals in Ohio. He worke…