In this episode of Deal Junkies, the Junkies delve into the milestone of earning the first million. They discuss why reaching this significant marker is so important and explore the challenges involved in achieving it. Listen in as they share personal experiences, discuss past and current deals, and provide valuable insights into the strategies and…

In this episode of Deal Junkies the Junkies talk about Mike’s Transition into a new Mike. He discusses the changes that he’s going through in life and how his environment has changed and facilitated his current growth. A major part of that transition is how he’s moving from the residential world to the commercial in both buying and now brokering. Y…

This episode of Deal Junkies is about a very important spiritual principle of not only real estate but life. The Junkies each discuss their perspective on what ego really is and how theirs has evolved over time. Everyone has an ego but it’s up to us whether it’s our strength or downfall. Listen in to learn how to keep your ego under control.…

In this enlightening episode of Deal Junkies, we delve into the often-overlooked spiritual principles that can transform your approach to real estate. The list is long and there are likely many that have not made it onto the list but this is what we have so far: You have to relax around money or you’ll never have any. A good deal gets better and be…

In today’s episode of Deal Junkies the Junkies talk about Deals, as they should. Today they focus on the deal Mike is doing right now, he is a reformed house flipper turned into a 10-story office tower flipper. The discussion revolves around how he made the transition and what key partners he had to bring in to do so. Listen in to hear how you can …

In todays’ episode the Junkies talk about partnerships. It’s the most commonly asked question in real estate, should you have them? The answer isn’t so straightforward. The Junkies talk about what the benefits of partnerships are but also their potential pitfalls and how to avoid them.By dealjunkiespodcast

This episode will change how you think of money. It's a movie review but also a deep dive into Modern Monetary Theory or MMT. This has been a hot button topic over the past few years as this “theory” has continued to gain notoriety. If you agree with the ideas discussed in this episode you will no longer be afraid of the US Debt but instead want th…

In this episode of Deal Junkies the Junkies dive into what rates are doing, yield curves, the job market and how the market is really doing right now. They discuss how this is changing the deals that they’re currently doing and how they’re doing them. It doesn’t stop the deals, it just forces you to pivot. You’ll hear about current negotiation tact…

In today's episode of Deal Junkies the Junkies interview Michael Hamilton the founder of Seneca Development Company. You’ll learn how he went from very humble beginnings to having a pipeline of 850 apartment units in various stages of development. After starting college he quickly learned that school wasn’t for him, he knew that there was knowledge…

In the second part of the Deal Junkies New Investor episode the Junkies give a breakdown of a few real deals that Trevor did to start building his portfolio. Many of us might already know what househacking is but knowing what it is and executing on it are two different things. They talk through the things done right and the things done wrong in tho…

In today’s episode of Deal Junkies Trevor, Dane and Mike talk about how to create value as a new investor. To be an Operator in real estate you have to have time, skills and money but to get started all you need to have is one of those three things. The Junkies talk through the different strategies that are most commonly used to get started investi…

In Part 2 of our conversation with Paul Kerley we discuss one of his hardest lessons learned. The deal was a development project that needed some money to build his modular homes. If you’re noticing a trend with development projects with partners that you don’t know very well then you may be onto something. It's a common mistake that many real esta…

On today’s episode of Deal Junkies the Junkies interview the original Junkie himself: Paul Kerley. Paul became Gabe’s client as a broker over a decade ago, Gabe quickly began selling Paul anything he could negotiate terms on. After a while Paul convinced Gabe that he needed to be in the deal, not just facilitating the transactions. That was when Pa…

In this week's Deal Junkie Quick Hit the Junkies talk about some of Marc’s favorite deals. We’ll dive into the strategies he used in the past to find deals and how he finds deals now. The Junkies talk about the advantages gained by building relationships instead of being transactional. We’ll break down how he gained his negotiation skills and why i…

On this episode of Deal Junkies you’ll get your first intro to the life of Marc Gallegos but definitely not your last. You’ll quickly come to see why the hosts couldn’t wait to have him on and pick his brain, he’s a Deal Junkie himself. It’s a deep dive into what got him into real estate and how his perspective on what deals to do has changed over …

In today’s Deal Junkie Quick Hit the Junkies talk about one of Gabe’s favorite, then least favorite, and now favorite again deals. It’s a 66-unit development project on the North Coast of Oregon. They discuss the red flags of the deal, how Gabe got into it and the mistakes made along the way. Listen until the very end to see where this 5 year proje…

In this episode of Deal Junkies the guys talk about roles and responsibilities within their businesses and how you know what seat you should be in. They then dive into the current affordable housing crisis and discuss why the cause of it may not be what we’re led to believe. They discuss why there is a housing shortage in Oregon but that the soluti…

In today’s Deal Junkies quick hit we hear an economic update from Macro Mike. He dives into the indicators and trends that affect the Residential market and how those differ from Commercial. Gabe brings up some issues in the residential market but also potential opportunities due to current rates and pricing and where he believes they’re headed. Li…

In this episode of Deal Junkies the Junkies discuss what has been going on with the ongoing National Association of Realtors Lawsuit. First they’ll discuss the high level of what is going on and what’s happening with the suit. They then dive deeper into what it means to all real estate brokers, not just Realtors, and whether or not they think it ma…

In this episode of Deal Junkies, Macro Mike finally talks about his bad deals. He talks about what lessons he learned and how much money he lost. Mike believes that it’s not about if you’ll lose money in Real Estate but when and how you can protect yourself to avoid the pitfalls that cause his losses.…

In this episode of Deal Junkies the Junkies discuss the recent explosion of insurance premiums in commercial real estate. They discuss how they are navigating that and ensuring they keep that expense as low as possible. You’ll also hear how they navigate the balance between making now money and buying more deals. The discussion turns to how they de…

Gabe is a leader, investor and an entrepreneur. Gabe has used those traits to run and build some big businesses, and create a large real estate portfolio. This episode is about how he lost $2.1m flipping houses and how he dug his way out of it.By dealjunkiespodcast

In this episode of Deal Junkies Mike dives into his conspiracy about the origination of the Federal Reserve. You’ll hear Trevor talk through his plan to catch up to Blackstone and how he’s using EOS to do it. Then Gabe dives into why it will be harder than he thinks.By dealjunkiespodcast

In part two of our interview with Logan deVos we do a deep dive into the intricacies of the SMI Legacy Fund and how they utilize the 721 Exchange. We’ll highlight what it is, who it is, and why it’s different from other funds. Our host Gabe is the President of the SMI Fund and Logan is the CEO. They have been partnering together for years and this …

In this latest episode, we're thrilled to feature Logan deVos, a dynamic entrepreneur and investor whose journey from childhood candy sales to real estate fund management exemplifies entrepreneurial spirit and adaptability. From paintball ventures to flipping houses, Logan's path is marked by innovative leaps and bounds. He dives into the intricaci…

In this episode of "Deal Junkies," we dive into the dynamic world of real estate investing, focusing on the turbulent journey of rental markets in recent years and forecasting their future trajectory. We'll unpack some nuances of property management, including the timing of vacancies and the art of scheduling unit turnovers. Topping it off with som…

In this episode, co-host Mike Nuss explains the Federal Reserve, interest rates, and their effects on the economy. The discussion covers recent changes in interest rates and their reasons. This episode is designed for anyone interested in how economic policies impact finances.By dealjunkiespodcast

In this episode of Deal Junkies, we introduce Dane, our youngest co-host with a remarkable start in real estate. Learn how Dane went from a finance student to closing his first big deal—a $1.6M apartment complex with no personal capital. Raised in Texas but finding his place in Salem, Dane’s journey is about more than financial gains; it's about co…

In this episode of Deal Junkies, we dive into one of Gabe Johansen's most memorable transactions: a remarkable seller carry deal that he ingeniously secured without using any of his own money. As the President & CEO of SMI Real Estate and a titan in the Willamette Valley's commercial real estate scene, Gabe opens up about the intricacies and strate…

With a real estate portfolio valued at over $150MM and encompassing nearly 1,000 residential units, Gabe Johansen takes the spotlight in this special episode of Deal Junkies. As the President & CEO of SMI Real Estate, Gabe stands out as the definitive figure in the Willamette Valley's commercial real estate sector, renowned as the #1 producing apar…

Join us as we dive deep with the esteemed Mike Nuss, a titan in the real estate industry, who shares the ins and outs of one of his all-time favorite deals. Mike walks us through the intricacies of this standout transaction, from initial discovery to final closing, revealing the strategies, hurdles, and innovative solutions that made it a remarkabl…

Prepare for another captivating episode of Deal Junkies - A Real Estate Podcast, where we sit down with the multi-talented Mike Nuss. With over two decades of experience as a licensed appraiser, Mike's journey extends far beyond valuation. He's a seasoned investor, master of creative finance, and visionary in new development. In this episode, we di…

Welcome to Deal Junkies, the podcast where seasoned investors dive deep into the world of real estate deals, sharing insights, strategies, and stories to fuel your own success in the market. In our inaugural episode, join us for an exclusive interview with Trevor Howard, one of our dynamic hosts. At the age of 27, Trevor Howard has accumulated a po…