85: Hybrid Investing, Long Distance Rentals, and Property Management with Mike McKinzie

<p>Today on the&nbsp;<a href="https://www.biggerpockets.com/podcast" target="_blank">BiggerPockets Podcast</a>&nbsp;we chat&nbsp;with&nbsp;Mike McKinzie,&nbsp;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><p>This show explores&nbsp;a variety of topics related to buy and hold real estate investing and offers a significant amount&nbsp;of 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><p>In This Show We Cover…</p><ul><li>Growing up in&nbsp;a real estate family</li><li>Hybrid&nbsp;real estate investing</li><li>The key is&nbsp;to&nbsp;success&nbsp;in rental properties&nbsp;&nbsp;</li><li>Getting your&nbsp;real estate license&nbsp;as an investor</li><li>How to&nbsp;prepare yourself&nbsp;for&nbsp;future-changing markets</li><li>If you’re going to&nbsp;invest based on appreciation,&nbsp;THIS is how you do it!&nbsp;</li><li>The importance of&nbsp;updating trusts…</li><li>How&nbsp;property managers&nbsp;can turn into&nbsp;lead sources</li><li>How do you vet&nbsp;property managers?</li><li>What does a&nbsp;property manager do?</li><li>Managing&nbsp;your&nbsp;own portfolio</li><li>How&nbsp;neighbors&nbsp;will help you keep an eye on your property</li><li>How to deal with&nbsp;HOA’s the right way!</li><li>The&nbsp;importance&nbsp;of&nbsp;due diligence&nbsp;</li><li>The difference between&nbsp;housing classes</li><li>Dealing with&nbsp;marijuana</li><li>And a whole lot more!</li></ul><p>Links from&nbsp;the Show:</p><ul><li><a href="https://www.biggerpockets.com/blog/2014/08/27/keyword-alerts-ultimate-guide/" target="_blank">The Ultimate Guide to Growing Your Business with BiggerPockets Keyword Alerts</a>&nbsp;by Brandon Turner</li><li><a href="https://www.biggerpockets.com/al