095 » Making Money with Rental Properties Using Proper Systems and Staff » Patti Robertson
Summary: In this episode, Alex and I are talking with a really interesting and smart investor, Patti Robertson, who’s also a multi-franchise owner. Patti and her husband actually lost all their retirement funds in a Ponzi scheme, but successfully came back, and she got her license and now brokers and invests in deals through wholesaling, rehabbing and rentals. This awesome episode is packed with tons of REI information including why Patti likes holding rentals; her incredible portfolio of franchises; how to get the right systems and staff in place for property management; Section 8; financing rentals and more. Lots more! Seriously, this episode covers a ton of good and important stuff that we really don’t talk about that often. Go listen, now… Listen and enjoy: What's inside: 6:25 – Alex tells us about his latest deals 9:40 – Alex introduces Patti 11:49 – Patti explains how she ‘accidentally’ got into REI 19:55 – Patti talks about the importance of having systems in place and why she likes holding rental props 24:50 – Patti’s criteria for rentals props 34:40 – Where to get more info about Section 8 Housing 35:40 – The systems you should have in place to help manage rental props 43:57 – How Patti finances her rental deals 56:50 – How Patti finds good deals 1:04:00 – Why it’s never too late to get into REI 1:07:33 – What Patti would do to quickly make money in a new market Mentioned in this episode: Alex and Joe’s <a href="http://www.realestateinvestingmastery.com" target="_blank">Fast Cash Survival Kit</a> <a href="http://www.homevestors.com" target="_blank">HomeVestors</a> <a href="http://www.propertyware.com" target="_blank">Property Ware</a> <a href="http://www.podio.com" target="_blank">Podio</a> <a href="http://www.mrlandlord.com" target="_blank"> Landlord</a> Patti’s cell: 757.472.2547 Patti’s email: <a href="mailto:PattiRobertson@tidewaterhomesva.com" target="_blank">PattiRobertson@tidewaterhomesva.com</a> Patti’s website: <a href="http://www.Tidewaterhomesva.com" target="_blank">Tidewaterhomesva.com</a> Tweetables: [Tweet "I love this business because it gives you the freedom to do whatever you want; aka: lifestyle design"] [Tweet "You must know your state’s landlord laws & follow them, plus use proper & consistent tenant screening"] [Tweet "I believe in hiring experts; outsource stuff that is not your area of expertise"] Transcription: <a href="http://www.realestateinvestingmastery.com/wp-content/uploads/2015/02/REIM-095-Making-Money-with-Rental-Properties-Using-Proper-Systems-and-Staff-.pdf" target="_blank">Download episode transcript in PDF format here...</a> Joe: Welcome! This is the Real Estate Investing Mastery Podcast. Alex: Hey, everybody. It's Alex Joungblood and Joe McCall here coming at you with another Real Estate Investing Mastery Podcast, the podcast where we show you how you can use real estate investing basically change your life. This is all about the lifestyle design and making life work for you, rather than you working for life. So, we bring on the best people that we possibly can to talk about what's going on in their business, how you can take it and implement it in your business and take your business to the next level. We'll remind you as well. If you haven't checked out our website at RealEstateInvestingMastery.com, please go ahead and do so. We've got a Fash Cash Survival Kit that Joe and I have put together for you. It's basically a crash course in real estate wholesaling as well as some outsourcing, and using VAs or virtual assistants to run your business for you for a very affordable price, and basically give you your life back. So, if you're in a position where you're trying to change your life and get out of the 9:00 to 5:00 and escape the rat race, this is for you. Because, we show you how you can simply take control of a property that you don't necessarily own, and flip it for $5,000, $10,000, $15,
