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The Intrinsic Value Podcast - The Investor’s Podcast Network

REI156: Creative Strategies Outside the Box w/ Casey Mericle

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Education, Investing, Business

4.6592 Ratings

🗓️ 9 January 2023

⏱️ 46 minutes

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 02:43 - What the most impactful book on Casey’s real estate career has been. 03:48 - Why he loves option strategies. 20:06 - What’s the best real estate conference to attend? 28:24 - Lessons from a $1 million self-storage mistake. 33:04 - How to use self-directed IRAs and Solo 401(k) retirement plans. 42:06 - What advice he would give to a smart, driven college student. 43:47 - Conventional real estate advice he disagrees with. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Robert’s book The Everything Guide to House Hacking. Rich Dad Poor Dad by Robert Kiyosaki. REconvene conference. REconvene YouTube videos. Introduction to Real Estate Option Strategies by Jack Miller. Building Wealth One House at a Time by John Schaub. Negotiations for Real Estate Investors by Jack Miller. Invest in Debt  by Jim Napier. Related Episode: Listen to REI081: Secret Accounts of the Wealthy, That You Can Use Too w/ Bill Neville, or watch the video. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Connect with Patrick (@JPatrickDonley): Twitter Connect with Casey: Twitter   Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TIP.

0:02.2

Do something different.

0:03.3

Don't do the same thing as everybody else.

0:05.3

No competition that way.

0:06.9

No competition.

0:07.9

If you do something different, nobody's going to do that stuff.

0:10.2

Nobody's going to make an option loan.

0:12.0

You know, nobody's going to call the We Buy Houses guy.

0:14.8

Do something different.

0:18.6

In this week's episode, I interviewed Casey Miracle and discussed some of the many creative

0:23.3

strategies he is used to build wealth by using options and self-directed IRAs. We also discussed

0:28.7

what the most impactful book has been on his real estate career, his favorite real estate

0:32.6

conference, the teachers he would recommend for both beginning and more experienced investors,

0:36.9

and much, much more.

0:38.5

Casey is a real estate entrepreneur out of Missouri where he lives with his wife and young son.

0:42.9

Over the past 20 years, he's invested in notes, single family homes, multifamily, office space,

0:48.1

industrial, has done hard money lending and even self-storage. He loves negotiating and coming

0:52.9

up with creative deal structures to add value

0:55.1

and opportunistic middle market properties. Now, without further delay, let's jump into this

0:59.9

week's episode with Casey Miracle. You are listening to Real Estate 101 by the Investors Podcast Network,

1:10.0

where your hosts, Robert Leonard and Patrick

1:12.5

Donnelly, interview successful investors from various real estate investing niches to help educate

...

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