GI143: Creating Passive Income as a Senior with Bill Manassero

When it comes to doing it all, Bill Manassero has a few things down. He is a Christian who started a non-profit helping children in Haiti. He is also a person who is an advocate for people learning to be financially independent and stand on their own legs. This is how he started in real estate; he wanted to build a nest egg. Bill started out with single family homes but then he realized that multi-family properties had more potential and began to invest in these. Soon after, Bill had over 100 units.
Bill realized early on that he had to buy his first properties with cash because he did not have any credit. This led him to doing things that he would not normally do to build up credit, such as leasing a car that he really didn’t need. He found out after using his American Express card that he could finally have the credit for a loan to purchase a property.
Next, Bill started a senior’s real estate investing group and then he branched out into podcasts. He said that it was interesting teaching because you really have to practice what you preach. After this, Bill found a mentor so he could grow faster. He says that mentorship is like a marriage because you need the same values and principles as well as objectives going into it.
Bill has had a lot of success with real estate investing but he says that if you’re a senior just starting out, you should get all the information first because it’s different getting into the real estate investing journey later in life.

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Transcript:

Announcer:
Welcome to the Global Investors Podcast, a show that focuses on helping foreign investors enter the lucrative US real estate market. Host, Charles Carillo, combined decades of real estate investing experience with a professional background in international banking to interview experts in all areas of US real estate investing. Now here’s your host, Charles Carillo.

Charles:
Welcome to another episode of the Global Investors Podcast; I’m your host Charles Carillo. Today we have Bill Manassero. Bill is the host of The Old Dawg’s REI Network, a blog, newsletter and weekly podcast for people 50 years and older interested in real estate investing to fund their retirement. Bill’S goal is to own/control 1,000 units doors in less than 6 years. Prior to forming the Old Dawg’s REI Network, Bill and his family were missionaries to orphaned children living on the streets of Haiti. So thank you so much for coming on the show bill.

Bill:
Well, thanks for having me, Charles. Great to great to talk to you again.

Charles:
So you have an interesting story of getting in starting in a professional and you were a musician I think before, and then you became so give us a little background on yourself, both personally and professionally prior to getting involved in real estate investing.

Bill:
Sure. Well you know, I I’m from Southern California. That’s where I am right now. I basically, you know grew up, I grew up in the, in this area ended up first sort of serious job was getting into banking and kind of moved into the corporate world, a 28 branch savings and loan, which I don’t even know if you, you know, what a, those are anymore, you know, but it used to be the big thing, you know but it was a 28 branch savings alone. I, I just kind of, you know, got in there young started as a teller, worked my way up to a vice president of marketing. And it was a, you know, it was a, it was kind of fun, you know, doing the corporate thing, but at the same time, I, I really didn’t really like the, the nine to five and, and you know, how much it could into your, your time.

Bill:
You know, you, you always work twice as much. You think you’re gonna work. And but you know, I loved it. It was fun but wanted to sort of break out into more entrepreneurial adventures and started my own marketing, advertising and public relations firm. And from there you know, eed into, you know, just a lot of different tech different technologies, different types of clients from automotive to healthcare, to our technology and software specifically. Then I, I at that time there was a lot going on in Southern California, you know, trying to establish a almost a Silicon valley south in California. And we formed a group called software council, Southern California. And I, I really got very involved in this group, helping new companies launch helping those that are here to, to wanna stay and grow here.

Bill:
And so I got, you know, very involved in that and that was a, that was a blast. It was just as the internet was starting to come in. And I got sort of snagged away from our organization to work with a new internet company that was being started by Meg Whitman and some others from eBay that was gonna be a business portal. And but at the same time, you know, I was having sort of like personal struggle in a way because you know, I’m a, a man of faith. I, I, you know a strong believer, a Christian and I was kind of feel, feeling, draw to the ministry and I was, you know, enjoyed business and, and just had a blast doing it. But I felt like he wanted me to do something more.

Bill:
And, and I had a I been a musician for years since I was about 13 years of age. And, and that was kind of the thing in the sixties and the seventies, you know, you’d have a grow garage band and, and that was kinda like, you know, where we started, but then I, I, you know, was able to use my, my musician skills to earn my way through college. And you know, I played clubs at night and so forth. And, and so it was it was always something that I enjoyed doing. And I, when I could find time my business life, I would, I try to gig here and there. And what have you had a lot of friends that were musicians? And so I, I was you know, kinda getting involved in, in children’s music and I had written a lot of children’s music and was involved in, in the concerts at our church and so forth.

Bill:
And in process, I you know, came out with an album and then that album kinda just took off on local, you know, Christian music, radio stations. And it, you know, there was a lot of people that wanted me to play concerts for festivals, for camps, all kinds of stuff. And so I’d kind of do that on the weekends, but, you know, we were as also launching a new internet company. So, so it was, it was really kind of a, a real bug of my time. And so I, you know, I kind of was praying about it. I said, you know, God, you know, I don’t think I can do both of these, this isn’t gonna work. And I go, this is what I’ll do. I’ll stay at this internet company for a year, at the end of the year. I’ll have my stock options will be through the ceiling, you know, I’ll be able to quit and I won’t have to ask any people for money to support the ministry.

Bill:
And I’ll just, you know, go from there, you know, almost a year to that date that I made that deal with God basically you know, a whole burst and this wonderful new little company we had was, you know, this not options weren’t worth wallpaper. I couldn’t use em for anything. And so, you know, and I think it was God’s way kinda, he has a sense of humor and he basically just said, okay, now I want, I want you to do it my way. I want you to walk out in faith. So that’s basically what I did is I, you know, I didn’t have the internet job anymore. Didn’t really, I mean, I, I kind of got gone back into the, you know, circulating my, my resume and, and what have you. But I said, I was gonna do this ministry thing. So we basically told everything we had my family and I had a, you know, kinda a small family at that time.

Bill:
My wife and I, you know were living in it’s called Redondo beach. He was so frustrated. And I saying, for some reason we never, we never were in want. We always had what we needed. And, and I just, basically at a certain point, just said, I’m not even gonna look at this budget anymore. And and I’m just gonna, you know, I’ve got a board of directors, they can do the I’m, I’m gonna work with a kid, do that kinda stuff. And that’s basically what happened 12 years later. You know, we’re there, we had grown to you know, a good size organization. We had about a 70 employees, Haitian employees. And we had much everything. My daughter wanted a hospital. We had a boys’ home girls home at guest house, whole vocational training program with microbusinesses where the kids could learn you know, various types of businesses.

Bill:
And, and anyway, just this really great, wonderful thing. We were there during the earthquake. Oprah Winfrey came over and interviewed us. We had a CNN did a a half hour doc our hour document tree on what we were doing over there called rescued. So a lot of things happen, long story short, sorry, it’s very long story here. It basically, we’re getting older and my kids, as you know, I had at seven at that time, cause we adopted Haitian it’s everybody’s grown up and moving back home. My wife had a about with cancer while we were there. It was completely healed. It was just miraculous. And that was wonderful that she was healed, what we were planning on, living there for life. We really felt I’d wanted us to, you know, to really focus in on what we’re doing and whether we should be there.

Bill:
And so we went on a one year sabbatical, went to back to the states my wife’s parents took ill and we ended up being caregivers for them. And we felt like that was really a sign that needed to be there. And so, so, okay. So I, we flew back to Haiti. We had to get all everything in order. We had this big organization, we needed to find people to step in, to take our place and the whole thing. And the whole time I’m thinking about my retirement, you, I’m kind of going, okay, well, I guess this is it. You know, I’m approaching 60, I guess I’m gonna retire, but I didn’t feel like I, I wanted to retire. I didn’t have, you know, it’s like, what am I gonna do? You know, collect seashells on the SEAHO. And I mean, I just, I, you know, what are you do in retirement?

Bill:
I don’t play golf. I, you know, I, you know, I was kind of trying to figure out what the heck am I gonna do? And so I just said, I just wanna do something to, you know, to keep myself busy. I wanna do something that’s gonna make a difference too. And so, so I get this unexpected check in the mail and her’s, and I was pretty heavily invested in, in stocks, especially in the tech stocks, cuz of my involvement in the tech industry. And, and I got this, you know, inheritance check, I’m looking at, what am I gonna do with this? I don’t wanna put it in the market. The market is a little volatile plus I, I just wanted to diversify. So I’m looking at the various options I had. And I, I thought, well you know, maybe, maybe I’ll, I’ll I’ll gold or, you know, try different things, annuities, things that maybe I hadn’t done before.

Bill:
And, but I had a lot of guys on my board of directors for child hope that were in real estate and one of ’em was a real successful real, real, real estate investor owned department buildings in Southern California. I thought, well, I’ll just invest in, in real estate. And I didn’t really know what that meant. You know, I, could it be a re it could be, you know, buying buss and needs or, or, you know, flipping houses. I, I was looking at all kinds of things. So I, you know, I was online looking at options. I thought I would, you know, flip houses and you know, I was thinking, gee, you know that, I don’t know, I’m starting kinda later in life. I, you know, I, I’m kinda a handy man, but not really, you know, that good. I just ING back forth.

Bill:
Finally. I just said like, I’m do something simple. I’m key rental properties. And so I hopped on a plane at a Porter print. I flew to Atlanta, Georgia. I bought a tole family home there. I flew to Memphis, I bought a duplex and another single family home. Then I hopped back on the plane to Haiti and next month money’s appearing in my account just miraculously. You know, they had tenants in em, they were all rehab they’re, but this is easy. And I, this is great. That was a, that was a good move. But then I’m also looking at what am I gonna do as a profession? And I’m thinking, I was thinking online businesses, cuz I, I had a marketing firm advertising, but marketing advertising totally changed. I mean, there wasn’t even social media when I was doing it, you know? And and so it’s just a very different deal.

Bill:
So I was looking at all these options and I said, well, why not? Why don’t I just do this real estate thing, but get serious. And so we’re, you know, again, we’re planning on going back, we’re, we’re looking at it, I’m having fun with this, you know, this, you know, money coming down on a regular basis. I base with my property manager every now and, and then everything seemed really easy. And basically I, I, you know, I, I, I, I’m seeing different things that are sort of emerging. I’m noticing that this, I paid about the same for each of these properties and the, that I bought you know, I paid the same thing I did for the other two, but I make twice as much in rent. You know, I, I don’t have price as much headache, you know, I don’t have, you know, two property tax payments.

Bill:
I don’t have two insurance, you know payments to make. I don’t have two roofs. It’s just one, one facility I go, this is, it’s crazy. Why am I buying single family when I could be buying these multi? And then I started to really think, and by this time we’re getting ready to go back to the states. I bought another duplex, but this time it was in Indianapolis and I thought, you know, that that’d be, that’d be route to go. And, and I’m thinking, but why am I limiting myself? So we finally we’ve, we’ve moved back to the states and I’m like, okay, I’m into this thing. And I’m really actually real excited about it. I said, we, we made that determination that we were, it was time for us to stay home while we were taking care of my, my wife’s parents.

Bill:
And so at that time I said, this is it okay, you gotta they’re both feet or you gonna, you know, do something else. And I said, I’m gonna do this, but I’m gonna do it so that it can help what we’re doing in Haiti, because we still have this nonprofit organization and childhood. I wanted to, you know, be able to, one of the, our dreams is building this, this village for our children there. But would be just awesome would have everything on one place. You know, we had rented all these other properties. We had like six or seven properties and, and this was the idea of just finding this beautiful place up in the mountains of Haiti, which are just gorgeous and and making this little village for them. So I thought, okay, then, you know, what’s it gonna take? I started looking at it and I was looking at sort of, am I earning per door on these properties?

Bill:
And I thought, okay, well if I can just, you know, double every what I, what I have each year within six years, I can have a thousand units. And so I thought, well, you know, that would be perfect. That’d be great aid to give us, you know, a good opportunity to, for our retirement, you know, to have the kind of retirement we want. It would give us a chance to help kids in Haiti. At the same time, it would allow me to build a legacy, you know, for, I got seven kids, you know, something to hand down to my kids. Right. And so that’s, that’s where I, you know, I came back and when I, of the things I did early on, I think it was a good move. Was I got a mentor and the mentor told me, look, you know, you need to share your story.

Bill:
And, and, and I was already sharing it. I was writing to all these other guys about my age, these other boomers, you know, out there, and they’re all asking me, what are you doing? You know, in real estate, how those houses do and how those duplexes. And I, while in the process of that, I pick up 22 unit of property in Indianapolis. I, I found this property. It was just like, it was unbelievable. It looked like it was an old property, it was fully functioning and it was cash flowing. And I, I just said, you know, I was really new. So I’m learning is I’m going along. And that was part of what I was sharing with my friends. I was writing to is I’m saying, look here, you guys, I’m gonna tell you what not to do. I can give you a long list right now.

Bill:
And so that’s, that’s kinda, you know, how things started to evolve. It, it turned into a Bo my mentor said, you need to make a podcast. I didn’t even know what a podcast was at the time, but I said, okay, but you know, this guy, he does does it every day and I was gonna go, and there’s no way I’ll do it just once a week. And so that’s, I started this podcast and and it was great. Great. It was, I, I actually didn’t realize it would be didn’t really understand. I thought it was just getting the information out there, but what I was realizing is the networking was amazing. Cause yeah. And you’ve, I’m sure experienced it. You can invite people on the show that normally wouldn’t even take your Paul as a, a novice little in real estate investor.

Bill:
You, you know, I’ve had Robert Kiosaki on, I’ve had you know, I’ve had all these, you know, power hitters that I’ve been able to develop, you know, relationships with over time. And that helped me cuz you know, these, my each podcast that I did for me was, is like a, a college course. You know, I’d sit down like when you were on, you had a ton of great information about stuff that I really had never heard about before with you know, the international community and, and I’m so, you know, I just, I love, you know, I guess on more for myself, you know, I guess, than for anything else, but, but that’s basically what happened. And we launched what’s called the old dog’s REI network. And is you know, it’s a, we geared it towards people that are 50 plus because there are really unique circumstances for people that start later.

Bill:
There’s some advantages, definitely. There’s also some disadvantages and we try to address all those things. And so basically the show, you know, educates people. I, I added another day. So I, besides the day, I guess on it’s twice a week, I also have a day where I just it’s called fun fact Fridays where I’ll either cover, you know, factual things that are important or I’ll share part from my drama, you know, the good, the bad and the ugly of, you know, my experience as a novice, you know, going into real estate and it’s grown and it’s, and, and so is my portfolio in the process I’ve gotten into syndication. And I, you know, not only that, but we’ve even moved into ground up construction and senior living facilities. So it, you know, I’m getting closer and closer to my goal.

Bill:
And you know, and low nine hundreds right now. But I’m partnering with other people which in the beginning I didn’t really wanna do. And you know, when I had the 22 unit apartment, my I wanted to just keep doubling in able to own all the properties myself. But I realized, especially as you get, you know, larger larger type properties, as well as the funds involved, you also wanna be able to spread off the risk a little bit too. Right. And so it, you know, all of it worked out really, really well. And so, so that’s, that’s the story in a nutshell I know that you just asked me kinda how I got into real estate. That’s how I got into it.

Charles:
So let’s talk about your first deal, your 22 unit, that was your first larger deal. Correct.

Bill:
Right, right.

Charles:
So tell us about why you picked how’d you how’d, you find the property, you find the market you know, dig into that a little bit, let us know kind of how you gotta finance as well.

Bill:
Yeah, sure. Well, it was it was kind of interesting again, I’m learning. Okay. So I, I really started investing at 2014. I bought this 22 unit in 2016, really sort of 20, late, 2015, so still really green. And so I’m, I’m trying to figure my way around, you know, I’m reading a lot. I, I, I big guess on I’m I’m talking to anybody I can, I’m doing what a lot of people do. I’ve got the podcasts and the webinars and the YouTubes and, and I’m, I’m just trying to absorb everything I can. And that, and that’s, what’s kind of neat about teaching in general. You teach, I think you learn more as a teacher than you do as a student. It’s really funny cuz you have to be a stand by which you’re you’re, you’re presenting to people right. When you’re teaching ’em so you wanna, you really have to make sure, you know, what you’re talking about.

Bill:
So, so that was, that was an important element in this is, you know, being able to kind of draw what I could. So I was looking for properties and, and I looked everywhere. I even did, you know, direct mail to try to find off market properties, but I was kind of half shot, you know, a lot of what I was doing. I, I wasn’t as systematized as I, as I am now with some of these processes. But I, I went on LoopNet which is what I did on a regular basis just to see what’s out there to see what’s and, and everybody in real estate that I knew that was an investor would say, yeah, LoopNet is where properties go to die, basically. Okay. There’s something wrong. There’s a reason why the, and I found this puppy and I go, wait a minute, this has gotta be too good to be true.

Bill:
It’s, you know, 22 units, most of ’em are studios or efficiencies. Five of ’em are one bedroom. So that was kind of an oddity. And I, but what I found out by being in the market more is there was a real shortage of studio apartments and there were a ton of one bedroom and two bedrooms. So I thought, well, maybe there’s, there’s something here. And so I wanted to do a value add type deal. So the deal was, it was listed for 400,000, which is really, really cheap. I mean, you couldn’t buy a garage in Southern California for hundred thousand. I mean, it just it’s nuts. And I go, this again sounds too good. I go to an older building on the inspection. I’m gonna make sure I really dig in to make sure there’s no hidden surprises, but it’s brick.

Bill:
It’s built like a rock. I mean, this thing I’ve never seen that kind of construction. It’s just so solid. And I was really impressive. At least the foundation and, and fundamentals were, were pretty good. I I had to replace the electrical and other things. Well, anyway, what happened? I, as I, I, I waited and waited. I was researching it. I was analyzing, I was digging in and underwriting this thing, like, you know, 15 times, you know, just going over it and over and over it. And finally I get the courage to make an offer. I, I get LOI together. And I, I submit it to the owner and it was already or contract. I come, oh man, you know, I waited around months and should, should have figured this would happen. But in parting, I said to him, I said, look, if anything goes wrong with it you, you know, you know, you have a buyer right here, you don’t have to have to look around, okay, I’m buy it.

Bill:
And so and then I went about looking for other properties and then about four months later, I get a call. The broker says, Hey, are you interested in that property? I said, definitely. And, and so got in there, had the inspectors really just dig in. I found a lot of things that we had to deal with and able to get the price down to three 50. And so you know, that was great now it’s, I mean, even less per door, it was just obscenely inexpensive. Yeah. And I, and I, my plan was basically is to, to go in the right of way you know, there, there were definitely people there that had to leave and I need to find out who they were and, and to be able to deal with their situations, if the angel they were doing, you know, to evict them.

Bill:
And so that, that part was kind of ugly. I hadn’t had to do that before. So, you know, kinda getting in there, the grunt work there, but I started immediately working on the common areas and improving them. I mean, making it look like, like this building was in 1925. I mean, it was really, you know, using a lot of things to kind of make it kinda ornate and, and just really to, to change the inside as people saw that, that there was age going on, it was able to propose a increase in rents. Yeah. And then those people that had left either voluntarily or through eviction, you know, we, we bought in at a, even a higher rate than we would, or we were increasing rents to. So, so we were able to sort of jump ahead with with some of those.

Bill:
And that’s, that was kind of the, the process you know, I had allocated a certain amount of money for the repairs and the upgrades. We took the electrical, it had a, a, a boiler system, you know, further heating and you may be more familiar with that, but I’m California, there’s there, aren’t a lot of boilers out here. And so after doing the research, we saw, you know, like this doesn’t make a lot of sense to, it’s an older boiler. I’d either have to replace it or let’s do something else. Let’s go to all baseboard heating. And we’ll, you know, we’ll, we’ll go electric and, and the fence pay electric. So it would be a, an expense off our shoulder. So so when all electric did converted, all the electric, you know, did a few things like that and was able to upgrade it and you know, to increase the, the rent within about, I’d say with about a year and a half to almost 16% increase. So that I really helped a lot. We got the cash flowing and, and and that I don’t know if I answered your question there, maybe I answered more.

Charles:
How did you, how did you finance it?

Bill:
Yeah, that was a, that was an interesting thing. Because I I had no credit, I had no credit. I was one of these guys, I guess, even before Dave, what’s his name, Dave you know, that, that, like it says, you know, just don’t have any credit cards. Don’t I, I just, oh,

Charles:
Dave Ramsey.

Bill:
Yeah. Dave Ramsey. Yeah. No, I, I mean, I’d gotten rid of all that stuff before I went in the mission field and, and even before that and 20 years without credit. So, so here I am these first properties I paid in cash, you know, that I had, so now I was looking at some, doing something creative. I wanted to borrow against those properties so that I could just this other property and cuz those, those I owned outright and I, I, you know, I didn’t have any loans. I didn’t have anything. So here I am. You know, you know, in this position of going, okay, I’m not gonna qualify for anything because I just, I, I don’t even know if I have a credit score now, strangely enough, I had this old American express card from my corporate days and I never I never really used it.

Bill:
It was still active and because it was so old, it actually helped a little bit of my credit to do other things. And I hated it. I hated signing up for credit cards. I signing up for credit cards. I financed a car that I didn’t have to finance. I, you know, was just going, ah, this is painful. But I knew I had to do that if I was gonna make this work. And that’s basically what, and you know, the, the the other do I bought in Indiana, I, again, I was gonna pay cash for it. I said, I gotta finance it. Now that one, I got a really good loan. It was a really great loan and it was cheap and it was, it was just, it was, I was paying hardly anything and I go, okay, this is great. I qualified, you know, I got, I got it.

Bill:
So now I, that loan, I got the car, I got all these other things. My credits, you know, get really good. So I go in for this commercial loan and now it’s a whole different, a whole different body here because I before the other one was a residential, even though I was a, wasn’t a, a living in the property, I still got a great rate on it, on the duplex, but now I’m looking at commercial loans and it just, it was a whole different, I, I had a literally together a business plan, which I had a lot of experience doing about, Hey, what we were gonna do this with this building. And it was a real drill, wrong plan, but most banks wouldn’t touch me. And most even working with some of the bookers, I had a lot of ’em wouldn’t touch me because I didn’t have a track record.

Bill:
Right. And I was doing it by myself. So I kind of found sort of this in between lender that would really wasn’t doing, you know, the Fanny Fred rates, but it was doing these other sort of shorter term loans. So, you know, 10 year loans. And, and so I kind of had to fall into that category. It was about 7.65. And at the time I think you, you know, the rates were in the fours and fives, so, so it wasn’t that great, but at least I got the loan and I got into the property and my, the thought of, you know, refinancing it later. But that’s basically what I did. Yeah. And I had to do like 30% down again cause I didn’t have the background.

Charles:
Interesting. Yeah. So what are common mistakes you see other real estate investors make though?

Bill:
Well, I think that you know, I, I, I talked to a lot of them and there are some, some some things that stand out stronger than other, in a general sense. I think if you’re starting as a real estate investor, it’s really, really important. You get a good mentor, you know, I’m not saying you have to go out, these guys charge $40,000 in pop or whatever you can, could find mentors in your own neighborhood. You can find somebody and offer to come in and, and do some, if you’re a carpenter and you can go into guys, Hey, look, I’ll, I’ll help you redo your den. And you know, if I can just help you out or yeah. Or I’ve, I’ve heard some real creative things. It’s, it’s, it’s amazing. Just, you know, how they can make contact with a local mentor, you can find ’em sometimes in REI groups or, or clubs meetups, what have you.

Bill:
And if you can’t find somebody like that, then there are some, some good folks out there that aren’t really expensive. And some of the real expensive ones are good because they’re really expensive or are they other way around? They’re expensive, cuz they’re really good. But so you can do that route too. But I think a mentor, especially if you’re starting later in life is really key and that’s a mistake. A lot of people tried to fit themselves, tried to do the books and all the other stuff. And I did that in the beginning and I made a lot of mistakes. So getting a mentor another key one, which is pretty huge, I I think is really valuable as you start, if you really wanna grow your portfolio fastest to partner with people, but partnerships can also be the kiss of death too.

Bill:
And and I ask a lot of my show, you know, whether their biggest mistakes and a lot of ’em will say partnerships, you know, or, or a partnership. And, and that was like something that really just was ’em for a long time. So I believe in partnerships, but you really, really gotta, you don’t go get lightning. It’s like a marriage, you know, you really have to go in there with so many the same values and, and the, you know, the same philosophy that you do and is, you know, it really that those are probably the two areas I’d say are, are key

Charles:
Nice other than recognizing your, why, which you obviously did. What do you think are the main factors that have contributed to your success?

Bill:
Well, I, there’s something about being an old dog, you know? OK. I think there’s an advantage to being older cause you’ve kind of, and there done that a lot, a lot of things doesn’t mean you’re you’re any more wise necessarily, but I think there’s a mixture between just that, you know, having that depth of experience coupled with tenacity and systems. I, plenty of times when I was in the midst of this, and again, I ran through my story pretty quick, but there’s plenty of times where I said, I’m done, I’m just gonna sell these off and I’m just gonna, I’m just gonna, you know, I’m done. But I stuck with it and I was really glad that I did. And, and one of the reasons why is cuz I had other old dog friends that, that I was talking to who basically had quit and had regretted it, you know, that especially people that sold out during you know, 2007, 2008, really didn’t have to, if they would’ve stuck it out just a little bit longer would’ve and, and a lot of the guys that I have on my show that are big successes were guys that made all their money during 2007, 2008 because they, they stuck with it and they, and they saw the, the, the great bills that were going on and took advantage of it.

Bill:
So,

Charles:
Yeah. Nice. Awesome. So how can our listeners learn more about you and your business and your podcast?

Bill:
Well be a couple of different things. If you wanna know about the, the business itself that’s Maner properties.com. It’s my last name, M a N a S S E R O properties.com. If you wanna know about or, or go to our, our website, which has our podcasts, our blogs, it has a lot of free resources and so forth. We even give away a, what I call a a, a three minute property analyzer allows you to sit down and go through 10 different properties and load the data really quick. And, and you know, like the best kind of come to the top of the, the, you know, the lot after you’ve put ’em all in. So so there’s things like that, that everything’s free. I’m not selling anything. I don’t coach. I, I, I, not that that’s a bad thing. It’s just that I can barely handle doing what I’m doing. So but there it is a, you know, sort of a no cell zone and come on and anytime, and that’s old dogs called D a WGS R EI for real estate investor network. So it’s old dogs, REI network.com.

Charles:
Okay, awesome. Well, I will put those links into the show notes. I wanna thank you so much for coming on bill and looking forward to are connecting with you here in the near future.

Bill:
Oh, you bet, Charles. Great. And I really, really enjoyed it. Thank you for having me on it was a pleasure.

Charles:
Have a great day.

Bill:
You too.

Charles:
Hi guys! It’s Charles from the Global Investors Podcast. I hope you enjoyed the show. If you’re interested in get involved with real estate, but you don’t know where to begin, set up a free 30 minute strategy call with me at schedulecharles.com. That’s schedulecharles.com. Thank you.

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Old Dawg’s REI Network

About Bill Manassero

Bill Manassero is the host and top dog of The Old Dawg’s REI Network, a blog, newsletter and weekly podcast for people 50 years and older interested in real estate investing to fund their retirement years and create a legacy for their children and grandchildren. Bill’s goal is to own/control 1,000 units/doors in less than 6 years. Prior to forming the Old Dawg’s REI Network, Bill and his family were missionaries to orphaned, abandoned and at-risk children living on the streets of Port-au-Prince Haiti. Prior to Haiti he was a professional musician and spent over 20 years in business on the corporate and entrepreneur side. A few highlights of his career include meeting Ronald Regan and Jimmy Stewart, being interviewed by Oprah Winfrey and having CNN do a documentary on their work in Haiti.

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