{"id":61287,"date":"2014-08-28T00:05:27","date_gmt":"2014-08-28T06:05:27","guid":{"rendered":"https:\/\/www.biggerpockets.com\/renewsblog\/?p=61287"},"modified":"2023-04-12T05:40:51","modified_gmt":"2023-04-12T11:40:51","slug":"2014-08-28-bp-podcast-085-mike-mckinize","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/2014-08-28-bp-podcast-085-mike-mckinize","title":{"rendered":"Hybrid Investing, Long Distance Rentals, and Property Management with Mike McKinzie"},"content":{"rendered":"<p>Today on the\u00a0<a href=\"https:\/\/www.biggerpockets.com\/podcast\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Podcast<\/a>\u00a0we chat\u00a0with\u00a0<strong>Mike McKinzie<\/strong>,<strong>\u00a0<\/strong>a full time real estate investor from Garden Grove, CA. Mike is an investor and former property manager who has personally dealt with over 5,000 real estate transactions, but focuses most of his attention today on using property management to invest both locally and out of state.<\/p>\n<p>This show explores\u00a0a variety of topics related to buy and hold real estate investing and offers a significant amount\u00a0of actionable information on how to set up property management, covering everything from what questions to ask, what should be expected, and a whole lot more!<\/p>\n<h2>Read the Transcript<\/h2>\n<p><a href=\"https:\/\/www.biggerpockets.com\/bpp85-mike-mckinzie-podcast-transcript-hybrid-investing-property-management\" target=\"_blank\">Click here<\/a> to read the transcript.<\/p>\n<h2>Listen to The Show on iTunes<\/h2>\n<p><a href=\"https:\/\/itunes.apple.com\/us\/podcast\/biggerpockets-podcast-real\/id594419649\" target=\"_blank\" rel=\"noopener\">Click here<\/a>\u00a0to listen on iTunes.<\/p>\n<h2>Listen to the Podcast Here<\/h2>\n<p><iframe loading=\"lazy\" src=\"https:\/\/playlist.megaphone.fm?e=BIGPOC4244108513&amp;light=false\" width=\"100%\" height=\"200\" frameborder=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<h2>In This Show We Cover\u2026<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-36121\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2013\/01\/BiggerPockets-Podcast-Cover.jpg\" alt=\"BiggerPockets-Podcast-Cover\" width=\"188\" height=\"188\" title=\"\"><\/p>\n<ul>\n<li>Growing up in <strong>a real estate family<\/strong><\/li>\n<li><strong>Hybrid<\/strong>\u00a0real estate investing<\/li>\n<li>The key is\u00a0to <strong>success<\/strong> in rental properties<strong>\u00a0\u00a0<\/strong><\/li>\n<li>Getting your\u00a0<strong>real estate license<\/strong>\u00a0as an investor<\/li>\n<li>How to\u00a0<strong>prepare yourself<\/strong>\u00a0for\u00a0<strong>future-changing markets<\/strong><\/li>\n<li>If you&#8217;re going to<strong> invest based on appreciation<\/strong>, <strong>THIS is how you do it!\u00a0<\/strong><\/li>\n<li>The importance of <strong>updating trusts&#8230;<\/strong><\/li>\n<li>How <strong>property managers<\/strong> can turn into <strong>lead sources<\/strong><\/li>\n<li>How do you vet <strong>property managers?<\/strong><\/li>\n<li>What does a <strong>property manager do?<\/strong><\/li>\n<li><strong>Managing<\/strong>\u00a0your\u00a0<strong>own portfolio<\/strong><\/li>\n<li>How<strong> neighbors<\/strong> will help you keep an eye on your property<\/li>\n<li>How to deal with <strong>HOA&#8217;s the right way!<\/strong><\/li>\n<li>The <strong>importance<\/strong> of <strong>due diligence\u00a0<\/strong><\/li>\n<li>The difference between <strong>housing classes<\/strong><\/li>\n<li>Dealing with<strong>\u00a0marijuana<\/strong><\/li>\n<li>And a whole lot more!<\/li>\n<\/ul>\n<h2>Links from\u00a0the Show:<\/h2>\n<ul>\n<li><a title=\"The Ultimate Guide to Growing Your Business with BiggerPockets Keyword Alerts\" href=\"\/renewsblog\/2014\/08\/27\/keyword-alerts-ultimate-guide\/\" target=\"_blank\">The Ultimate Guide to Growing Your Business with BiggerPockets Keyword Alerts<\/a>\u00a0by Brandon Turner<\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/alerts\" target=\"_blank\" rel=\"noopener noreferrer\">The BiggerPockets Keyword Alert System<\/a><\/li>\n<\/ul>\n<h2>Books Mentioned in the Show:<\/h2>\n<ul>\n<li><span class=\"title\" style=\"color: #000000;\"><a href=\"http:\/\/amzn.to\/2aiamV3\" target=\"_blank\" rel=\"noopener noreferrer\">The Richest Man in Babylon\u00a0<\/a>by\u00a0<\/span><span style=\"color: #000000;\">George S. Clason<\/span><\/li>\n<li><a href=\"http:\/\/amzn.to\/2aDDSGw\" target=\"_blank\" rel=\"noopener noreferrer\">Think and Grow Rich<\/a>\u00a0by\u00a0Napoleon Hill<\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/real-estate-investing\" target=\"_blank\" rel=\"noopener noreferrer\">The Ultimate Beginner&#8217;s Guide to Real Estate Investing<\/a>\u00a0by <span style=\"color: #000000;\">BiggerPockets.com<\/span><\/li>\n<\/ul>\n<h2>Tweetable Topics:<\/h2>\n<blockquote><p>&#8220;You are the boss of your property manager&#8230;fire them\u00a0if need be!\u201d (<a href=\"https:\/\/twitter.com\/home?status=%22You%20are%20the%20boss%20of%20your%20property%20manager...fire%20them%20if%20need%20be!%E2%80%9D%20http:\/\/bit.ly\/1sEgcU3%20@BiggerPockets%20%23Show85\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/p>\n<p>&#8220;Make friends with the neighbors of your property, and you&#8217;ll always have eyes on your property&#8230;&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22Make%20friends%20with%20the%20neighbors%20of%20your%20property,%20and%20you&#039;ll%20always%20have%20eyes%20on%20your%20property...%22http:\/\/bit.ly\/1sEgcU3%20@BiggerPockets%20\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/p><\/blockquote>\n<h2>Connect with Mike:<\/h2>\n<ul>\n<li>Mike\u2019s\u00a0<a href=\"https:\/\/www.biggerpockets.com\/users\/Inmountains\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPocket Profile<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Today on the\u00a0BiggerPockets Podcast\u00a0we chat\u00a0with\u00a0Mike McKinzie,\u00a0a full time real estate investor from Garden Grove, CA. Mike is an investor and former property manager who has personally dealt with over 5,000 [&hellip;]<\/p>\n","protected":false},"author":17340,"featured_media":119513,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4565],"tags":[],"class_list":["post-61287","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-biggerpockets-podcast"],"acf":[],"comment_count":0,"_links":{"self":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/61287","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/users\/17340"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/comments?post=61287"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/61287\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/119513"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=61287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=61287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=61287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}