424: 5 “Tactical” Tips to Boost Rents, Cash Flow, and Property Value w/Angel Garcia

Real Estate Rookie

BiggerPockets

How To, Education, Business, Investing, Entrepreneurship

4.8 • 1.7K Ratings

🗓️ 26 June 2024

⏱️ 54 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

If you want higher rents, more cash flow, and fewer hiccups, you DON’T need to buy more rental properties. You need better systems and processes. By implementing tactics, strategies, and procedures he learned from the military, today’s guest has achieved enormous success in his real estate business and is going to show YOU how to do the same! Welcome back to the Real Estate Rookie podcast! Angel Garcia has a modest real estate portfolio of five properties and is in no hurry to buy more. Meanwhile, he has managed to optimize each one of his units for the highest possible rent, cash flow, and appreciation. His secret? Taking the knowledge he has learned as a lieutenant colonel in the U.S. Army and applying it to real estate investing. With standards and protocols for every scenario and a team that is always dialed in, Angel’s business runs on autopilot! Whether you’re still trying to pin down your investing strategy or looking to stabilize your portfolio with better systems, you don’t want to miss out on this episode! Angel equips you with all of the know-how, tools, and resources you might need to get the most out of your portfolio, regardless of how many rentals you own. Apply Angel’s five “tactical” tips and watch your business take off! In This Episode We Cover How to improve your real estate portfolio for higher rents and better cash flow The one thing you MUST do before buying more rental properties “Battle drills,” “battle rhythms,” and other “tactical” tips for running your business Must-have systems and processes for out-of-state investing How to create effective standard operating procedures (SOPs) for your business And So Much More! (00:00) Intro (00:57) Stabilizing His Portfolio (08:19) Must-Have Systems & Processes (18:00) “Battle Drills” & PACE Plans (27:50) “Battle Rhythms” & SOPs (42:26) Executing the Mission! (46:20) Connect with Angel! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-424 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This is real estate rookie episode 424.
0:05.0	Bigger Pockets has boot camps, but should you run your portfolio like the US Army,
0:11.0	today's guest does and will teach how with some key tactical steps.
0:16.5	I'm Ashley Kerr and I'm here with Tony J Robinson.
0:20.3	And welcome to the Real Estate Rookie podcast where every week, three times a week, we bring you the inspiration, motivation, and stories you need to hear to kick start your investment
0:29.3	charity. Now today we're bringing back someone special, his name's Angel.
0:32.8	Angel was a previous guest on episode 127 of the Real Estate Rookie Podcast,
0:38.0	and is also a lieutenant colonel in the US Army and has a PhD in psychology.
0:42.8	Now, we know that you're passionate
0:44.2	about sharing what you've learned with those around you,
0:46.4	angels, so we're excited to have you back,
0:47.8	brother.
0:48.1	Thank you for coming back for a second time
0:50.0	to the RealSate Ricky Podcast.
0:51.4	Hey, thanks for having me.
0:52.5	It's so great seeing you both and to be here with you all again.
0:55.5	So thank you so much for the opportunity.
0:57.4	Angel, Phyllison, please, with what has happened since you were last
1:01.9	on the real estate rookie podcast how has your
1:04.4	portfolio changed since then so if I remember correctly rookie episode 127 which we
1:10.3	appropriately called the $40,000 mistake.
1:14.5	Definitely was a huge learning lesson for me
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from BiggerPockets, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of BiggerPockets and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.