Torcana Real Estate Investment with Colin Murphy artwork

Torcana Real Estate Investment with Colin Murphy

38 episodes - English - Latest episode: almost 4 years ago - ★★★★★ - 12 ratings

Hosted by Colin Murphy, the Torcana podcasts are for anybody who wants to learn more about building a rental property portfolio with strong cash flow and stable tenants.

In plain English and with lots of real-life examples, Colin & his guests talk about the lessons learned and mistakes made when buying, renovating, managing and selling millions of dollars worth of rental properties. They focus on the nuts and bolts of real estate investing and try to give actionable and practical tips with every episode.

How do you analyze deals?
What is the best way to invest out of state or overseas?
How can you find good managers and contractors?
What are the major mistakes to avoid when renovating and renting?

Tune into our podcasts for your answers!

Investing Business business properties davidshaw insight investment investors kathrynshaw portfolio propertymanagement realestate
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Episodes

Torcana Podcast 38: A Special Conversation with Keith Weinhold of Get Rich Education

April 07, 2020 16:56 - 45 minutes - 104 MB

Torcana Podcast 38: A special conversation with Keith Weinhold of Get Rich Education.  Colin Murphy & Keith Weinhold co-host this special show which discusses the unprecedented volatility in the global economy and how we see the coronavirus affecting local real estate markets in the short, medium and long term. Keith is a well-known investor and educator who listeners may recognize from the GetRichEducation Podcast and the website getricheducation.com. He is also a writer for Forbes Maga...

Torcana Podcast 37: There are four types of investors. Which one are you?

November 01, 2019 15:56 - 59 minutes - 137 MB

Colin Murphy & David Shaw co-host today's show and discuss the four different categories of investors, the types of people in each one and how some keep moving up that ladder and others get stuck. In this wide-ranging show Colin & David talk about: - How people get trapped in endless research and worry - The tendency to "buy one, wait a long time, and see how it goes" - How you can 10X your potential with clear goal setting - The importance of resilience & not sweating the small stuff...

Torcana Podcast 36: Interview with my Business Partner David Shaw, Tampa Real Estate and Renovation Expert

September 09, 2019 06:11 - 53 minutes - 37 MB

Torcana Podcast 36: Interview with my Business Partner David Shaw, Tampa Real Estate and Renovation Expert In today's special podcast Colin Murphy invites his long term business partner David Shaw to chat about his career, how he became involved in real estate and his views on what it takes to become a successful investor. A wide range of topics were covered in this show which included: - How Colin and David originally met each other in Ireland - How they started a new business at the...

Torcana Podcast 35: How to Overcome Big Risks & Fears When Investing

August 14, 2019 19:06 - 11 minutes - 26.9 MB

Torcana Podcast 35: How to Overcome Big Risks & Fears When Investing Host Colin Murphy is back in the podcast booth after a summer hiatus to talk about the fascinating topic of risk and how important it is to accept it and to have a healthy appetite and respect for it. The risk or more accurately the fear of risk is the reason a lot of people don't invest in real estate or stop investing at the first sign of trouble. We often trip over ourselves when it comes to investing because of the ...

Torcana Podcast 34: Interview with Jared Garfield

April 11, 2019 14:06 - 38 minutes - 87.4 MB

Hi everybody and welcome to Torcana Podcast 34! Those who have been waiting patiently for a new guest since Kathy Fettkes great podcast in Episode 31 will be delighted to hear that I have. Jared Garfield is today's guest and he is one of the top real estate investors and educators in the country. Jared and his teams have closed, renovated and managed over 3,000 properties in 5 states. He also runs a successful real estate coaching platform and has trained more than 1000 clients as they b...

Torcana Podcast 33: 5 Important Steps to Get to Financial Freedom

March 08, 2019 17:27 - 16 minutes - 38.1 MB

The theme of today's show is the five important steps to get to financial freedom. One way or another, I think we all aspire to have financial freedom. That means different things to different people, but for most of us, it means having enough money arriving in your bank account each month to cover your bills and responsibilities whether you're actually working or not. Financially free people can retire whenever they want, but most keep working on stuff they love doing. I think that's a ...

Torcana Podcast 32: Timing the Market vs Time in the Market

February 22, 2019 15:02 - 18 minutes - 42.6 MB

Podcast 32 - Timing the market vs time in the market Earlier this month I was a co-host at an investor conference in Tampa. I had a lot of fun meeting a mix of old friends and investors just getting started on their journey. One of the things I noticed on the sidelines, particularly among the first-timers, is that they were worried a lot about what might happen in the near future. Some worried that prices were going up too fast, some that they were about to fall steeply. Others that rent...

Torcana Podcast 31: Kathy Fettke of the Real Wealth Network

January 26, 2019 17:00 - 40 minutes - 93.3 MB

I have an awesome guest on todays show! Kathy Fettke is one of the most respected voices out there in the Real Estate industry and someone who I've had the honor or knowing and working with for almost 3 years now. Many of you will have heard of Kathy, but for those who haven't, she is the CEO and Founder of Real Wealth Network, an organization dedicated to helping members get the most current and cutting edge information they need to succeed as real estate investors. Kathy is a frequent ...

Torcana Podcast 30: Interview with Keith Weinhold of Get Rich Education

December 19, 2018 14:33 - 42 minutes - 96.5 MB

On today´s show I had the pleasure of welcoming Keith Weinhold to the Torcana Podcast! Keith is a well known investor and educator who is host of the GetRichEducation Podcast and the website getricheducation.com. He is also a writer for Forbes Magazine, a best selling author and a successful real estate investor. We covered a wide range of topics on episode 30 which included: - How Keith got started - The economic and demographic trends investors need to be aware of - The key habits and trai...

Torcana Podcast 29: Answers to the best 25 questions asked by property investors

December 04, 2018 16:40 - 50 minutes - 116 MB

In todays podcast, Colin Murphy answers 25 of the best questions he is most often asked by prospective investors. For example: What is overall impact of hurricanes and how do they affect Tampa rentals? What are typical property management charges? Do we sell properties in good school districts? How much money should you set aside for vacancies & maintenance? What capital appreciation are we seeing right now? How do I get over analysis paralysis? And many more! To make things simple, all of t...

Torcana Podcast 28: How to locate the best market and property types

November 06, 2018 18:15 - 33 minutes - 77.4 MB

In today´s show, real estate investor Colin Murphy discusses how he analyses property markets, avoids common pitfalls and only buys homes that have the highest potential to make stable rentals. Among other things, Colin recommends - Looking for markets with fast growing populations and strong job markets - Sticking with landlord friendly cities with reasonable tax rates - Buying in local economies that are big and diverse - Buying in neighborhoods with lots of first time buyers and owner occ...

Torcana Podcast 27: Balancing cashflow vs capital growth

October 15, 2018 14:03 - 12 minutes - 11.9 MB

After a long absence Tampa Florida investor Colin Murphy is back in the Torcana Podcast booth to discuss the best ways to balance a strong cashflow (which we all need to pay our bills) with solid capital appreciation (which is how we make real money). Among the many topics touched on in this short podcast are: 1. How investors often compare deals in different markets using year 1 cashflow predictions only. 2. How a high growth market can add annual equity equivalent to an entire years income...

Torcana Podcast 26: Interview with wealth building expert M.C. Laubscher

September 25, 2017 15:39 - 46 minutes - 33 MB

On Torcana Podcast 26 we interview M.C. Laubscher, the President and CEO of Valhala Wealth Financial and host of the popular business and investing podcast, Cashflow Ninja. This was a really great show which covered a host of fascinating topics, including: - Why so many people struggle financially - The biggest threats to our wealth & how to avoid them - Strategies to accelerate the wealth building process - The huge tax & inflation advantages of real estate - How millenials can transform th...

Torcana Podcast 25: Interview with investment mortgage expert Graham Parham

July 12, 2017 23:31 - 43 minutes - 38.7 MB

If you want the inside track from an expert who helps investors get the best possible mortgages for their rental properties, then tune into today's show with special guest Graham Parham from Highlands Mortgage. Graham has been in the business 20 years and is probably the most investor-friendly lender I have met to date. In this wide-ranging interview we discuss - The types of loans investors are using to acquire rental properties - The different entities investors use (LLCs, IRAs, Trusts, et...

Torcana Podcast 24: What the homeownership decline in the USA means for real estate investors

April 17, 2017 11:44 - 13 minutes - 26.1 MB

In today´s show real estate investor Colin Murphy discusses a huge topic - the decline in homeownership in the United States, the key factors that are driving this trend and how a win-win situation has been created for real estate investors. The top factors driving this decline in the homeownership rate in the U.S. are: Tight credit markets Huge student debt Housing affordability Low personal savings rates The good news for investors is that (a) the current environment is excellent for prope...

Torcana Podcast 23: Interview with multi family expert James Vestal

March 16, 2017 15:23 - 47 minutes - 39.6 MB

In today´s show we speak with James Vestal, Associate Broker with Marcus & Millichap in Tampa Florida and an expert in apartment and multi family investments. We covered a wide range of topics in this show including: - Key differences between multi-family and single family investments - How people source multi-family and apartment opportunities - The due diligence investors undertake when purchasing multi-family - The distinct property management challenges in this area - The commerc...

Torcana Podcast 22: Interview with experienced Tampa investor Tom Goebel

March 01, 2017 16:50 - 49 minutes - 45.1 MB

Tom Goebel is the guest on Torcana Podcast 22 and I think this is one of our best shows to date. Tom is a very experienced Tampa based investor who I´ve known and respected for quite a while. He has been buying real estate for 30 years and he has used just about every creative strategy out there to source, finance, and profit from them. In today's show we discussed: - How Tom first got started in real estate at just 18 years of age - How he networked constantly with experienced profess...

Torcana Podcast 21: Interview with Tampa wholesaler Clark Lunt

January 31, 2017 16:43 - 39 minutes - 33.3 MB

In today´s episode, we invited full-time Tampa wholesaler Clark Lunt into the podcast booth to talk about the real estate market from a wholesalers point of view. I think the role wholesalers play in transforming neglected properties into gems and facilitating difficult property sales between distressed home owners and rehabbers or investors is often misunderstood and under appreciated. Topics covered in this wide-ranging interview include: - How Clark sources off-market properties using...

Torcana Podcast 20: Our 12 step guide to investing in 2017

December 22, 2016 11:35 - 21 minutes - 39.6 MB

In this week's podcast, we outline our 12 step guide to starting or growing your real estate portfolio in 2017. The end of the year is fast approaching and while Christmas time can be very hectic, a few days away from the normal day job can be a great time to set and revise our personal and financial goals for 2017. Today we outline 12 simple and actionable steps that ANYBODY can take to seriously increase their net worth in 2017. 1. Commit. Make a promise to yourself that you are goin...

Torcana Podcast 19: Interview with mortgage expert Kristine Bredeau

December 08, 2016 16:46 - 31 minutes - 27.9 MB

We are approaching the end of the year and a lot of investors I speak to on the phone are worried about mortgage interest rates and how the recent and possible future increases could affect their investment plans. So, I thought it would be a great idea to invite Kristine Bredeau from Eagle Home Mortgage onto the show. I´ve known Kristine for a few years and she has helped many of our out-of-state clients secure mortgages for rental properties in the Tampa Bay area. She is very experienced...

Torcana Podcast 18: What exactly do title agents do and why are they so important?

November 17, 2016 22:00 - 31 minutes - 26 MB

On this week's show, we welcome Maria De Yampert from Island Breeze Title into the Torcana podcast booth to dispel some of the myths surrounding what title agents do, how they protect buyers and sellers, exactly what services they provide and how they can sometimes save you thousands of dollars! In my experience title agents are often undervalued and under appreciated by real estate agents and investors. I have worked with Maria for many years and she has saved myself and my colleagues a l...

Torcana Podcast 17: Interview with Broker & Property Manager Mike Bundy

November 08, 2016 14:38 - 33 minutes - 28.3 MB

In this week's show, we welcome Mike Bundy of Sunista Realty to the podcast booth to tell us about a property managers life, the problems he encounters and the advice he has for long term investors. This show is packed full of actionable information which includes: - What sets apart really good managers from ordinary or poor ones? - What is involved in advertising a property and placing a great tenant? - What do tenants REALLY want and what makes them stay in a property long term? - W...

Torcana Podcast 16: Is investing outside your home market a good idea?

November 03, 2016 11:27 - 19 minutes - 36.9 MB

There is a lot to be said for investing in your home market, but sometimes it just isn´t practical because prices are so high and/or rental returns are so low. If you want to invest out of state properly, there are a number of steps you need to follow to avoid making some very expensive mistakes. Here are my 7 recommended tips to get started on building a rental portfolio far from where you list and work.

Torcana Podcast 15: Why you should be taking a second look at Tampa Florida

October 13, 2016 10:17 - 19 minutes - 37.1 MB

We have a destination specific podcast today as we drill down into the reasons why Florida, and particularly the Tampa Bay area is such a hot destination for rental property investors right now. Located on the west coast of Florida, Tampa Bay is a densely populated metro area (second only to Miami) with a population of more than 4 million and a local economy worth $130 billion. Major cities within this area include St. Petersburg, Largo, Clearwater, New Port Richey, Holiday and Tampa. Th...

Torcana Podcast 14: How to build a large passive income stream by renting real estate to millennials

August 29, 2016 12:42 - 14 minutes - 27.5 MB

Many of us are aware that the foreclosure crisis turned millions of Americans into renters, with single-family home rentals now at a 30 year high. The flip side of that coin means it is EASIER THAN EVER for many regular people to become landlords and build passive income streams through careful saving, smart planning, and savvy financing. Tune into Torcana Podcast 14 to find out how!

Torcana Podcast 13: How do investors source the best rental properties?

July 27, 2016 09:34 - 24 minutes - 45.3 MB

How do some people always seem to be able to find great off-market properties? What are their secrets? Today we delve into the methods used by successful investors to source both off and on market deals. This is a "must listen" show for those who want to start buying great rental properties now and for existing investors who want to dramatically improve how they buy them. Enjoy!

Torcana Podcast 12 - The five key pieces of knowledge every real estate investor should start with

June 16, 2016 13:55 - 15 minutes - 30 MB

New investors, no matter where they’re starting out, have a massive learning curve if they want to be successful. While nobody can become successful without making mistakes, there is a lot to be said from learning from other peoples before making your own! In this podcast, I discuss the five key pieces of knowledge every investor can use to build a successful foundation on.

Torcana Podcast 11 - The five money myths of real estate investing

May 06, 2016 10:51 - 18 minutes - 34.4 MB

While money is clearly one of the biggest barriers (and motivations) to getting started on the property ladder, there are a lot of misconceptions about it. - Do you need a lot of money to get started? - When should we spend on repairs and when should you cut corners? - Is it too late to purchase a great deal as the market is so healthy? The above are just some of the popular myths we tackle in this special podcast. Enjoy!

Torcana Podcast 10 - Services you will need as an out-of-state or overseas investor

April 15, 2016 10:40 - 15 minutes - 29.5 MB

I have personal experience of buying US property from overseas locations and I know how difficult it can be to find people on the ground to look after your best interests. This podcast describes what extra help and services you will need if you are considering a property purchase from out of state or overseas. Surprising at it may seem, most locally based sellers are simply not tuned into the specific needs of potential buyers located thousands of miles away. They find it difficult to educat...

Torcana Podcast 9: Top 10 Real Estate Stories of Past 10 Years

April 01, 2016 06:27 - 23 minutes - 43.6 MB

Torcana Podcast 9 aims to condense the top 10 real estate stories of the past 10 years. While I love studying history, it must be true that the period from 2006-2016 was one of the most disruptive in living memory. Relive the fallout from the market crash, the Fannie & Freddie bailouts, the record low-interest rates and the rise of the internet as the dominant source of new sales and rental listings. If you were to summarise it in a nutshell, you might say a huge boom, followed by a huge bus...

Torcana Podcast 8: The ten most expensive real estate mistakes to avoid

March 23, 2016 17:25 - 28 minutes - 53.7 MB

Once you can identify and avoid the most common mistakes made, you´ll find that building a profitable real estate portfolio is very straightforward. This podcast discusses the top ten mistakes I´ve seen people make over the years and how you can avoid them. Enjoy!

Torcana Podcast 7 - What can we learn from Florida´s real estate history?

March 11, 2016 11:39 - 20 minutes - 37.7 MB

Florida has one of the most colorful and chequered histories of any property market. In addition to narrating some of its fascinating highs and lows from the early 1900s right up to the present day, this special podcast discusses how understanding the causes and duration of the major property cycles can help us to make informed, long term decisions regarding the real estate opportunities available today.

Torcana Podcast 6 - Investing in the real estate market: 13 things you need to know

March 04, 2016 18:03 - 23 minutes - 44 MB

In this weeks podcast, I have summarised my top 13 tips for those wishing to put their savings to work and increase their wealth by investing in real estate. Enjoy!

Torcana Podcast 5: Top Five Real Estate Mistakes To Avoid

February 26, 2016 17:41 - 16 minutes - 31.6 MB

Despite its innate simplicity, the huge range of locations, property types, buyers and sellers (not to mention emotions!) have led otherwise intelligent buyers to make all kinds of extremely expensive and stressful mistakes. In this special podcast, I ́m going to outline the top five real estate investment mistakes I have seen people make over the last 10 years. More importantly, I ́ll also describe how you can avoid them!

Torcana Podcast 4: Three great ways to build a passive income stream

February 21, 2016 11:52 - 8 minutes - 15.6 MB

I recently read an article that described the three main ways to earn passive income. For a lot of people (myself included), the holy grail of a career is figuring out how to build up a large, passive income stream. I love the idea of working hard and building up sufficient assets so that my family will receive a regular income stream no matter what happens to me. Striving to achieve that goal is a great source of daily motivation.

Torcana Podcast 3: The 7 steps necessary to buy amazing rental properties on a regular basis

February 21, 2016 11:34 - 25 minutes - 48 MB

The seven steps to buying, renovating and tenanting great rental properties. The aim of this podcast is to really drill down into the nuts and bolts of buying and owning real estate. While the day to day reality is far less glamorous than the depictions of the popular tv shows, purchasing your own rental properties has the potential to transform your life in more ways than any other investment I know of. This should be considered a step-by-step audio guide (with everyday examples and anecdot...

Torcana Podcast 2: Simple guide to the purchase and after sales process of buying US rental property

February 21, 2016 11:30 - 28 minutes - 53.7 MB

In this great podcast, we address the crucial issues most realtors and sellers don´t like talking about. - What is the actual step by step process for buying a home after you´ve agreed on a price? - How do title companies protect your investment and ensure you don´t get a shock after you´ve taken ownership? - How are closing costs broken down and what do you need to look out for? - What are the three most important things you need to do after closing on a property (hint: insurance and p...

Torcana Podcast 1: Investing in the Tampa Florida rental market

February 21, 2016 11:13 - 29 minutes - 56.1 MB

Podcast by real estate investor Colin Murphy on the Tampa Florida rental market. Learn about the properties he is purchasing and renovating with estimated 8-10% cap rates. Prices start as low as $75,000!

Guests

Graham Parham
1 Episode