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The Best Ever CRE Show

The Best Ever CRE Show

4,263 episodes — Page 12 of 86

S1 Ep 3711JF3711: Wealth Building Secrets, Cash Flow Niches, and Mastering the Art of JOMO ft. M.C. Laubscher

M.C. Laubscher and Matt Faircloth discuss the different strategies for getting wealthy and the importance of understanding the definitions of savings, investing, speculating, and gambling. They emphasize the need for a balanced approach to wealth-building, including having a savings or war chest for emergencies and opportunities. They also highlight the importance of education and understanding the asset class or investment strategy before investing. They caution against FOMO (Fear of Missing Out) and recommend focusing on JOMO (joy of missing out) to avoid making impulsive and risky investment decisions. M.C. Laubscher | Real Estate Background Producers Wealth/Cashflow Ninja Based in: Newtown, PA Say hi to him at: LinkedIn Sponsors: Altra Running Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 1, 202442 min

S1 Ep 3710JF3710: Buying Distressed Assets, Local Investing, and Building a Value-Add Portfolio in New Jersey ft. Joshua Kahr

Joshua Kahr shares insights from his extensive experience in commercial real estate, particularly in multifamily investments. He discusses his current focus on value-add deals, the importance of understanding market cycles, and the challenges of staffing in the current labor market. Joshua emphasizes the opportunities available in mismanaged assets and the lessons learned from past market disruptions, including the impact of COVID-19. He concludes with thoughts on the future of real estate investing and how to connect with him. Joshua Kahr | Real Estate Background Metropolitan America, Kahr Real Estate Services, Essex Suites Based in: Verona, NJ Say hi to him at: kahrrealestate.com LinkedIn essexsuites.com metropolitanamerica.com Sponsors: Altra Running Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 31, 202423 min

S1 Ep 3709JF3709: Residential Assisted Living, Value-Add Sober Living, and $9,000/Month Beds ft. Charlie Cameron

Amanda and Ash interview Charlie Cameron, a real estate investor specializing in residential assisted living. Charlie shares his journey from military service to real estate, emphasizing the growing demand for assisted living facilities. He explains the differences between traditional nursing homes and residential assisted living, detailing the operational aspects, staffing challenges, and financial considerations involved in running these homes. Charlie also discusses the importance of providing quality care, the potential for high returns on investment, and the future of the assisted living market. Charlie Cameron | Real Estate Background Open Range Capital & The RAL Room Based in: Woodbridge VA Say hi to him at: theralroom.com Sponsors: Altra Running Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 30, 202435 min

S1 Ep 3708JF3708: Turning 40% Occupancy into Profits, 2000+ Units, and Building Legacy Wealth ft. Michael Manthei

Michael Manthei shares his transformative journey from a life dedicated to ministry to becoming a successful real estate investor. He discusses the ideological barriers he faced regarding wealth and success, the importance of obedience in his life, and how he navigated the challenges of real estate investing. Michael emphasizes the significance of community and mentorship in his current endeavors, highlighting the fulfillment he finds in helping others achieve their goals. Michael Manthei | Real Estate Background ELEVATE Investing Group Based in: 2000+ units Say hi to him at: www.investelevate.com Facebook Instagram Sponsors: Altra Running Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 29, 202437 min

S1 Ep 3707JF3707: Navigating Chicago’s Competitive Market, Property Management Insights, and Adaptive Reuse ft. John McGeown

In this episode of the Best Ever CRE Show, John McGeown, investor and property management expert, joins host Slocomb Reed. John shares his transition from heavy rehabs to value-add deals focused on efficient management, along with insights from managing over 1,200 units across Chicago. He dives into challenges with competitive deal flow, managing tenant expectations, and overcoming the rising costs in the Chicago market. John also makes the case for investing in Chicago, highlighting its economic diversity, historic architecture, and strong rental demand. John McGeown | Real Estate Background High Fidelity Property Management Based in: Chicago, IL Say hi to him at: www.highfidelityrealty.com Sponsors: Altra Running Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 28, 202422 min

S1 Ep 3706JF3706: Scaling 100+ Mobile Home Parks, In-House Construction, and Infill Challenges ft. Sam Hales

In this episode of the Best Ever CRE Show, Sam Hales, CEO of the Saratoga Group, joins Amanda Cruise and Ash Patel to share his journey from single-family homes to managing nearly 7,000 mobile home pads. Sam discusses his strategic shift to mobile home parks, the importance of an in-house construction team, and his approach to adding value through infill and efficient management. He also offers insights into navigating challenges in a competitive market and the future of mobile home investments. Sam Hales | Real Estate Background Saratoga Group Based in: Knoxville TN Say hi to him at: LinkedIn Sponsors: Altra Running Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 27, 202435 min

S1 Ep 3705JF3705: Converting 1970s Townhomes, Condo Strategies, and a 170% NOI Boost ft. Karl Krauskopf

Joe Cornwell interviews Karl Krauskopf, founder of Gold Multifamily, who shares his journey from a corporate job to becoming a full-time real estate investor. Karl discusses his experiences in scaling up from small multifamily properties to larger developments, the challenges of navigating the Seattle real estate market, and the impact of corporate policies on housing demand. He also shares a successful case study of a townhome project in Wenatchee, highlighting the strategies used to increase net operating income significantly. The conversation concludes with actionable advice for investors looking to plan for the future. Karl Krauskopf | Real Estate Background Gold Multifamily Portfolio: 85 Multifamily units Based in: Seattle, Washington Say hi to him at: LinkedIn www.gold-mf.com Sponsors: Altra Running Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 26, 202426 min

S1 Ep 3704JF3704: This LP Rejects 98% of Deals. Here’s What He Sees Syndicators Doing Wrong ft. Marc Halpern

Matt Faircloth speaks with Marc Halpern, a seasoned passive investor in syndication deals. Marc emphasizes the need for syndicators to present clear, concise information to limited partners (LPs) through a one-pager, covering key details like the project name, asset class, equity split, and target returns. He stresses respecting LPs' time, focusing on transparency, and providing investor-centric communication. Marc also shares advice on networking effectively, prospecting at investor conferences, and conducting thorough due diligence, highlighting the importance of clarity, realistic projections, and efficient deal presentations. Marc Halpern | Real Estate Background Part Time Investors LLC Based in: Williamstown, NJ Say hi to him at: www.PartTimeInvestorsLLC.com Sponsors: Altra Running Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 25, 202451 min

S1 Ep 3703JF3703: Off-Market Class A Acquisitions, Investor Confidence, and 35% NOI Growth in Dallas ft. Tony Lin

Slocomb Reed interviews Tony Lin, founder and CEO of Link Multifamily, who shares his journey from tech to real estate investing. Tony discusses his investment philosophy, focusing on multifamily properties as a basic need, and the importance of maintaining investor confidence during market downturns. He highlights recent acquisitions, strategies for tenant retention, and the challenges posed by inflation and decreased occupancy. Additionally, Tony elaborates on his mentorship program, Linfinity, which aims to educate aspiring investors on conservative investment practices. Tony Lin | Real Estate Background Link Multifamily Portfolio: Active lead GP on 860 units in Dallas, TX Passive investor in 17 deals, including over 4,000 multifamily units Investments in self-storage, student housing, commercial plumbing, blind funds, and new construction Based in: Fremont, CA Say hi to him at: www.linkmultifamily.com Sponsors: Altra Running Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 24, 202424 min

S1 Ep 3702JF3702: Scaling to 500M AUM, Off-Market Deals, and Achieving 72% IRRs in Storage & MHP ft. Matthew Ricciardella

Amanda and Ash welcome Matthew Ricciardella, the principal and managing partner of Crystal View Capital. Matthew shares his journey from residential flipping to managing over 25,000 units in mobile home parks and self-storage facilities. He discusses the importance of passive income, key performance indicators in management, and the strategies he employs to source off-market deals. Matthew also highlights the impressive returns his funds have delivered to investors and the challenges of navigating a competitive market. He emphasizes the significance of building strong relationships with investors and the lessons learned from scaling his business. Matthew Ricciardella | Real Estate Background Managing Partner & Principal at Crystal View Capital Portfolio: 100+ assets (self-storage and manufactured housing communities) 25K+ unit/sites managed $500M+ AUM Based in: Las Vegas, NV Say hi to him at: www.crystalviewcapital.com LinkedIn Sponsors: Altra Running Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 23, 202437 min

S1 Ep 3701JF3701: Closing 12 Properties for $16M — Mailer Success, Double Closing, and Building a Track Record ft. Tory Sheffer

Joe Cornwell interviews Tory Sheffer, a real estate syndicator with a successful track record in multifamily investments. Tory shares his journey from starting a playground construction company to becoming a real estate agent and eventually closing significant deals in the multifamily sector. He discusses his first major acquisition of 232 units, the challenges he faced in property management, and the lessons learned from various deals. Tory emphasizes the importance of confidence, taking action, and understanding the market dynamics to succeed in real estate investing. Tory Sheffer | Real Estate Background Sheffer Capital Portfolio: 250+ units, 12 properties Based in: Brighton, MI Say hi to him at: X.com LinkedIn Newsletter Sponsors: Altra Running Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 22, 202432 min

S1 Ep 3700JF3700: 78 Pads for $400K — Infilling Mobile Home Parks, Contractor Specials, and Scaling a Portfolio ft. Leo Young

Amanda Cruise and Ash Patel interview Leo Young, co-founder of Cornell Communities, who shares his journey into the mobile home park investment space. Leo discusses his background in real estate, the strategies he employs to source and manage mobile home parks, and the unique challenges he faces in this niche market. He also delves into his investment strategies, including infill projects and raising capital, while providing insights into the New Jersey market and his future plans for scaling his business. Leo Young | Real Estate Background Principal & Co-Founder of Portfolio: 160+ units Based in: New York, NY Say hi to him at: LinkedIn www.cornell-communities.com Sponsors: Altra Running Sponsors: Altra Running Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 21, 202426 min

S1 Ep 3699JF3699: Cutting Insurance Costs and Competing with New Developments — Strategies for 4,000 Multifamily Units ft. Todd Watkins

On this episode of the Best Ever CRE Show, Slocomb Reed interviews Todd Watkins, COO of Railfield, discussing his journey from law to real estate, the challenges of navigating insurance in commercial real estate, and the current labor market's impact on hiring. Todd shares insights on asset management, innovative tenant retention strategies, and the cyclical nature of the real estate market, emphasizing the importance of adapting to changing conditions. Todd Watkins | Real Estate Background Partner, COO at Railfield Portfolio: ~4,000 units Based in: Bethesda, MD Say hi to him at: www.railfieldrealty.com Sponsors: Altra Running Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 20, 202430 min

S1 Ep 3698JF3698: Rescuing Overleveraged Multifamily & Office Deals — Rate Caps, Capital Calls, and Recapitalization Strategies ft. Jake Clopton

On this episode of the Best Ever CRE Show, Amanda Cruise and Ash Patel welcome Jake Clopton, president of Clopton Capital, to discuss the current state of commercial real estate lending. Jake shares insights on the challenges faced by lenders and borrowers in a high-interest-rate environment, the complexities of restructuring troubled deals, and the dynamics of capital calls. He also provides an overview of the banking landscape, highlighting potential failures and the differences in asset classes like multifamily and office space. Jake Clopton | Real Estate Background Clotpon Capital Portfolio: Commercial Mortgage Broker and Financial Intermediary Based in: Chicago, Illinois Say hi to him at: LinkedIn Sponsors: Altra Running Sponsors: Altra Running Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 19, 202426 min

S1 Ep 3697JF3697: Why This Prolific Investor Is Sitting on the Sidelines … for Now ft. Jeremy Roll

In this episode of Next Level CRE on the Best Ever CRE Show, Jeremy Roll, a seasoned multi-cycle real estate and alternative asset investor and president of the Roll Investment Group, joins host Matt Faircloth. Jeremy breaks down how to invest as a defensive investor in 2024 and beyond based on his experience before and during the 2008 recession and the COVID-19 pandemic. He discusses where to invest during a recession (which is likely coming, he says — he explains why), the key indicator he’s following to determine whether or not we’re headed for a recession, and why he’s currently sitting on the sidelines to see how things play out economically. He also discusses the philosophy behind doing nothing, what he’s looking for to determine when it’s time for him to jump back in, and why — as a cash flow investor — he avoids negative leverage at absolutely all costs. Jeremy Roll | Real Estate Background Roll Investment Group Based in: Los Angeles, California Say hi to him at: LinkedIn Sponsors: Altra Running Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 18, 202436 min

S1 Ep 3696JF3696: Flipping a $200K Office into $380K & Tapping Into Cleveland’s Booming Commercial Market ft. Chris Matan

Ash Patel interviews Chris Matan, a seasoned real estate broker and investor with 30 years of experience. Chris shares his journey into real estate, discussing his diverse investments across various asset classes, including multifamily, office, and retail. He emphasizes the importance of patience in the industry, the value of multifamily properties, and the current trends in commercial real estate. Chris also addresses the challenges of scaling his business and the lessons learned throughout his career, while expressing a desire to return to investing and building his portfolio. Chris Matan | Real Estate Background EXP Realty/Marich Machine Based in: Cleveland, OH Say hi to him at: LinkedIn Youtube Sponsors: Altra Running Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 17, 202422 min

S1 Ep 3695JF3695: Navigating Distressed Deals, Class A & B Multifamily, and Conservative Investing in 2024 ft. Rajkumar Venkatramani

In this episode, Rajkumar Venkatramani shares his journey from being a physician to becoming a multifamily real estate investor. He discusses the current challenges in the market, including investor skepticism and rising expenses, and how his investment strategy has evolved over the years. Raj highlights the importance of patience in partnerships and the critical role of pricing in real estate investments, especially when analyzing distressed properties. Rajkumar Venkatramani | Real Estate Background REIDOC Capital Portfolio: 2000+ Multifamily Units Based in: Houston, TX Say hi to him at: LinkedIn www.reidoccapital.com Sponsors: Altra Running Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 16, 202417 min

S1 Ep 3694JF3694: Transitioning from Active to Passive Investing — RV Parks, Senior Living, and Diversification Strategies ft. Bill Manassero

In this episode of the Best Ever CRE Show, Joe Cornwell interviews Bill Manassero, CEO of Promise Land Holdings LLC, who shares his journey from active to passive real estate investing. Bill discusses the unique advantages of starting real estate investing later in life, the challenges he faced as a passive investor, and the importance of diversifying investments. He also provides valuable advice for aspiring passive investors, emphasizing the need for thorough due diligence and caution in today's market. Bill highlights the current trends in real estate, including the demand for RV parks and senior living facilities, and encourages listeners to stay informed and patient in their investment decisions. Bill Manassero | Real Estate Background CEO, Promised Land Holdings LLC Based in: Riceville, TN Say hi to him at: www.olddawgsreinetwork.com X.com Sponsors: Altra Running Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 15, 202421 min

S1 Ep 3693JF3693: Negotiating Loan Docs and Protecting Yourself from Frivolous Lawsuits by ‘Creating Barriers’ ft. Bishoy M. Habib, Esq.

Bishoy M. Habib Esq., attorney and broker at Levacy Legal, joins host Ash Patel on the Best Ever CRE Show. In this episode, Bishoy discusses the benefits of being an active investor, broker, and real estate attorney simultaneously. He also discusses the value of land trusts, the concept of segregating risk, and why you never want to be accused of “piercing the corporate veil.” Finally, he explains why everything in life — even loan docs — is negotiable. Bishoy M. Habib, Esq. | Real Estate Background Levacy Legal Based in: Tampa, FL Say hi to him at: IG: @attorneybishoy LinkedIn: https://www.linkedin.com/in/bishoyhabib/ YT: @attorneybishoy TikTok: @attorneybishoy www.levacylegal.com Sponsors: Altra Running Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 14, 202432 min

S1 Ep 3692JF3692: Saving $20,000 Through Self-Auditing and the No. 1 Factor in Tenant Retention ft. Moshe Crane

Moshe Crane, VP of branding and strategic initiatives at Sage Ventures, joins host Slocomb Reed on the Best Ever CRE Show. In this episode, Moshe discusses the self-auditing process that resulted in him saving his company $20,000. He also shares the thesis behind the apprentice program he’s currently building and why maintenance is the No. 1 factor in tenant retention. Moshe Crane | Real Estate Background VP Branding and Strategic Initiatives Sage Ventures Portfolio: 10 Properties, 4k units. Based in: Baltimore, MD Say hi to him at: LinkedIn Sponsors: Altra Running Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 13, 202425 min

S1 Ep 3691JF3691: How to Make Loan Assumptions Work and Building a Real Estate Dream Team ft. Jonathan Nichols

Jonathan Nichols, CEO at Apogee Capital, joins host Joe Cornwell on the Best Ever CRE Show. In this episode, Jonathan discusses how to get deals done in today’s market, including how to make loan assumptions work on value-add multifamily deals. He also discusses the nuances of building a business, including how to build a real estate dream team by building a culture that goes beyond doing the bare minimum. Jonathan Nichols | Real Estate Background CEO Apogee Capital Portfolio: ~1000 units as a GP, additional 1000+ as an LP. Also own a portfolio of 20+ residential units. Based in: DFW, TX Say hi to him at: LinkedIn www.apogeemfc.com Sponsors: Altra Running Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 12, 202424 min

S1 Ep 3690JF3690: The Power of Mindset, Strategic Systems, and Resilience in Real Estate ft. Trevor McGregor

Trevor McGregor, a successful real estate investor and coach, discusses navigating today's real estate market, emphasizing mindset and action. He stresses adapting to changes like rising interest rates and competition, focusing on relationships, and raising standards. McGregor also highlights overcoming limiting beliefs and taking responsibility for success. In conversation with Matt Faircloth, they cover key success factors: mindset, goal setting, systems, time management, execution, and accountability. Trevor identifies five reasons people fail to scale: mindset, lack of strategy, systems, time management, execution, and accountability, urging listeners to assess and improve in these areas. Trevor McGregor | Real Estate Background Master Platinum Coach and Mindset Mentor Portfolio: Active and Passive Investor for 22 Years. SF, MF, Self Storage, etc. Based in: Vancouver, Canada / Byron Bay, Australia Say hi to him at: LinkedIn Sponsors: Altra Running Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 11, 202455 min

S1 Ep 3689JF3689: Creative Recaps, NYC Value-Adds, and Sunbelt Expansion — Lessons in Syndication ft. George Giannopoulos

On this episode of the Best Ever CRE Show, George Giannopoulos, CEO of King's Capital, shares his journey in real estate, detailing his transition from a real estate agent to a principal investor managing a portfolio worth $160 million. He discusses his first syndication experience, strategies for raising capital, and the expansion into the Sunbelt market. George also addresses the challenges of refinancing in a changing market, the importance of creative deal structuring, and the lessons learned from his experiences. He emphasizes the significance of building a strong investor base and maintaining operational excellence while exploring future growth opportunities in various asset classes. Sponsors: Altra Running Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 10, 202426 min

S1 Ep 3688JF3688: Scaling from 10 SFRs to 270 Multifamily Units — Aggressive Offers, Wi-Fi Value-Adds, and Lessons in Property Management ft. Jeff Johnson

In this episode on the Best Ever CRE Show, Joe Cornwell interviews Jeff Johnson, a regional CFO and real estate investor, who shares his journey from single-family homes to multifamily investments. Jeff discusses his early experiences in real estate, the challenges he faced in property management, and the strategies he employed to successfully acquire and manage multifamily properties. He emphasizes the importance of understanding tenant demographics, having a solid business plan, and the lessons learned from past deals. Jeff also shares his future goals and offers actionable advice for aspiring investors. Jeff Johnson | Real Estate Background Grow Property Group Based in: McKinney, TX Say hi to him at: www.Growpropertygroup.com X - @JReInvstr Sponsors: Altra Running Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 9, 202424 min

S1 Ep 3687JF3687: Closing a $76M Class A Multifamily Deal — Navigating HUD Loans, Property Tax Exemptions, and Market Shifts ft. Chad Brinkerhuff

On this episode of the Best Ever CRE Show, host Slocomb Reed interviews Chad Brinkerhuff, co-founder and managing partner of Great Dane Capital. Chad shares his journey into multifamily investments, detailing the acquisition of a 327-unit property in San Antonio, Texas. The conversation explores the challenges faced during the acquisition process, the importance of tax benefits, and the dynamics of the San Antonio rental market. Chad also discusses his role in evaluating deals and the lessons learned from their experiences, particularly regarding investor relations and navigating HUD processes. Sponsors: Altra Running Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 8, 202419 min

S1 Ep 3686JF3686: How a $1.2M Industrial Deal Delivered 40% Cash-on-Cash Returns — Insights from Memphis Investor Drew Joyner

Drew Joyner, owner of Ash Holdings, shares his experience in commercial real estate, focusing on industrial and retail properties. He values commercial assets for their challenges and stability, and prioritizes tenant management, zoning, and parking issues. Drew highlights a South Memphis deal with a 40% cash-on-cash return and stresses the importance of broker relationships and professional expertise in finding off-market opportunities. Drew Joyner | Real Estate Background Ash Holdings Portfolio: 15 properties / 53 units / ~165,000 sqft Based in: Memphis, TN Say hi to him at: LinkedIn Sponsors: Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 7, 202438 min

S1 Ep 3685JF3685: Cracking the Code on Creative Financing and Commercial Opportunities ft. Ron Walraven

In this episode, Joe Cornwell interviews Ron Walraven, a seasoned real estate investor with over 25 years of experience in wholesaling and creative finance. They discuss Ron's transition from wholesaling to long-term investments, particularly in the commercial real estate sector and assisted living facilities. Ron shares insights on creative financing strategies, the importance of solving seller problems, and the current market landscape as they approach Q4 2024. He emphasizes the need for investors to be problem solvers and to build strong connections with sellers to create win-win situations. Sponsors: Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 6, 202430 min

S1 Ep 3684JF3684: Navigating Distressed Deals, Massive Price Cuts, and High Returns in DC ft. Nick Simpson

In this conversation, Slocomb Reed and Nick Simpson discuss the current state of the real estate market, focusing on multifamily and affordable housing investments. Nick shares insights on recent acquisitions, the challenges of negotiating in a fluctuating market, and the importance of conservative underwriting. They also explore the impact of interest rates on investment strategies and the lessons learned from recent experiences in development and acquisitions. Sponsors: Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 5, 202418 min

S1 Ep 3683JF3683: Mastering New Construction & Value-Add Deals — Insights from Greenville’s Real Estate Pro ft. Arn Cenedella

On this episode of the Next Level CRE Show, Matt Faircloth interviews Arne Cenedella about staying spry in body, mind, and business as they age. Arne shares his daily workout routine and the benefits he experiences from staying physically active. They also discuss Arne's real estate ventures, including smaller syndication deals and build-to-rent projects. Arne explains the advantages of buying new construction properties and the differences in underwriting between older and newer buildings. The conversation explores the differences between new construction and value-add multifamily investments. The hosts discuss topics such as renovation schedules, investor appeal, rental income, operating expenses, real estate taxes, insurance, and the need for purpose and productivity in life. They also touch on the importance of finding a niche and the benefits of organizations like SCORE for small business owners. The conversation concludes with a discussion on longevity and the potential for extending the human experience. Sponsors: Altra Running Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 4, 202437 min

S1 Ep 3682JF3682: Scaling with Cash-Out Refinances and Navigating Anchorage’s Tight Multifamily Market ft. Jesse Janssen

Jesse Janssen shares his journey from a banking career to becoming a multifamily real estate operator in Anchorage, Alaska. He discusses the unique characteristics of the Anchorage market, including its stability and growth potential, as well as the challenges and opportunities in real estate investing. Jesse emphasizes the importance of building a strong team and relationships in the industry, and he provides insights into the current economic landscape and insurance challenges faced by property owners. Sponsors: Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 3, 202426 min

S1 Ep 3681JF3681: From TV Producer to Multifamily Investor — Seller Financing, Full-Cycle Success, and Surviving Market Shifts ft. Brian Heller

In this episode, Joe Cornwell interviews Brian Heller, founder and CEO of Fairway Equities, who shares his journey from the entertainment industry to real estate investing. Brian discusses his experiences as both a limited partner (LP) and general partner (GP) in multifamily investments, highlighting key lessons learned along the way. He provides insights into a successful full cycle deal, the challenges faced in the current real estate market, and offers advice for investors looking to navigate the evolving landscape in 2024. Brian also touches on his background in reality TV production, particularly his time on Survivor, and the misconceptions surrounding reality television. Brian Heller | Real Estate Background Fairway Equities Portfolio: 1 SFR 1 Duplex Went Full Cycle on 24 units as GP LP in 248 units and BTR fund Based in: Nashville, TN Say hi to him at: www.fairwayequities.com LinkedIn Facebook Sponsors: Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 2, 202432 min

S1 Ep 3680JF3680: Syndication Horror Stories, Declining Capital Calls, and the Opportunity in Suburban Office ft. BiggerPockets CEO Scott Trench

Scott Trench, CEO of BiggerPockets, joins hosts Ash Patel and Amanda Cruise on the Best Ever CRE Show. In this episode, Scott discusses his conservative investing strategy, including his LP investments in syndications that haven’t gone as planned. He also discusses the state and future of multifamily syndications, how he’s navigated capital calls as an LP, and why someone who has never lost money is dangerous to invest with. Scott is an economist at heart, so he shares his insights on the Fed, interest rates, and the economic factors that will likely impact commercial real estate in the coming months. Scott Trench | Real Estate Background CEO of BiggerPockets Based in: Denver, Colorado Say hi to him at: LinkedIn BiggerPockets Sponsors: Altra Running Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 1, 202449 min

S1 Ep 3679JF3679: The Case for Build-to-Rent vs. Multifamily Value-Add — a Semi-Debate ft. Andy McMullen

Andy McMullen, CEO of Legacy Acquisitions, joins host Slocomb Reed on the Best Ever CRE Show. In this episode, Andy discusses developing build-to-rent in the southeast, why the time horizon to build in a certain market is among the most crucial factors when choosing BTR markets, and why he prefers BTR to multifamily value-add. Slocomb — a multifamily owner/operator — plays devil’s advocate, challenging Andy on BTR assumptions and strategies, and Andy fires back with the details and nuances his team focuses on to give them a competitive advantage. Sponsors: Altra Running Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 30, 202428 min

S1 Ep 3678JF3678: Using Future Cash Flow to Get Nearly $6.5 Million in Up-Front Financing ft. Shane LaFave

Shane LaFave, executive vice president of Roers Companies, joins host Joe Cornwell on the Best Ever CRE Show. In this episode, Shane discusses the development aspect of his business, specifically finding land to purchase for new developments, how he’s able to build right now when other developers are struggling, and what he looks for in a land deal. He also provides a step-by-step breakdown of a $45 million deal he did in his backyard in Minnesota, including how he used Minnesota’s tax increment financing program to get nearly $6.5 million in additional up-front financing. Sponsors: Altra Running Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 29, 202433 min

S1 Ep 3677JF3677: Sewage, Septic Systems, and Other Adventures in Mobile Home Park Investing ft. Cindy Hook

Cindy Hook of Sonos Capital joins Amanda Cruise and Ash Patel on the Best Ever CRE Show. In this episode, Cindy discusses buying mobile home communities across the country, how their team manages communities across different markets, and how to get started in raising capital. She also discusses lessons she’s learned in managing mobile home parks, including septic and sewage issues that threw a major wrench in her early deals. Sponsors: Altra Running Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 28, 202430 min

S1 Ep 3676JF3676: ‘The Party Is Over, the Free Money Is Gone’ — Rock ‘n’ Roll, STRs, and the Changing Face of CRE ft. Luke Carl

In this episode of Next Level CRE on the Best Ever CRE Show, Luke Carl, a short-term rental specialist who dabbles in multifamily, joins host Matt Faircloth. Luke is a legit rock star in both music and real estate. In this episode, he shares the secrets to scaling an STR portfolio through vertical integration, how he structures his bank accounts to account for CapEx (without paying himself), and how he builds long-term wealth to become “bulletproof.” He also discusses the short- and long-term forecast in the STR space, and why he believes the floodgates are about to open. Sponsors: Altra Running Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 27, 202440 min

S1 Ep 3675JF3675: The Secret Sauce Behind the Boring, High-Cash Flow Sector Most Investors Avoid ft. Andy Weiner

Andy Weiner, president of RockStep Capital, joins hosts Amanda Cruise and Ash Patel on the Best Ever CRE Show. In this episode, Andy gives an absolute masterclass on retail investment, focusing on enclosed malls and power centers. He shares the misconceptions around Amazon’s impact on retail, why going tenant-by-tenant is the best way to forecast NOI with mall spaces, and why owning a second-generation power center is a good bet in today’s world. Seriously … if you’re looking to invest in retail, this is an absolute must-listen. Sponsors: Altra Running Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 26, 202438 min

S1 Ep 3674JF3674: Creating $10 Million in Multifamily Value in One Year and Raising Capital for Hard Money Loans ft. Dan Costantino

Dan Costantino — a value-add multifamily operator, hard money lender, and managing member at Achieve Capital Partners — joins host Slocomb Reed on the Best Ever CRE Show. In this episode, Dan shares how his real estate side hustle became his full-time gig, from raising capital from passive investors for hard money lending to scaling into multifamily deals. He also discusses the process of vertically integrating via in-house property management, why he finds himself saying No more and more often, and how his firm has created $10 million in value on multifamily deals in just one year. Sponsors: Altra Running Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 25, 202422 min

S1 Ep 3673JF3673: Hidden Dangers of Lease-Up Deals and Challenges Facing Self-Storage in 2024 ft. Joe Pizzurro

Joe Pizzurro, managing director of Breakchain Capital, joins host Joe Cornwell on the Best Ever CRE Show. In this episode, Joe discusses the self-storage industry in 2024, including how interest rate hikes pushed him from multifamily to self storage, the value-add strategies his team deploys, and why he now stays away from lead-up deals. He also explains how the seller financing structure on his most recent acquisition made the deal possible. Sponsors: Altra Running Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 24, 202423 min

S1 Ep 3672JF3672: Secrets and Challenges to Maximizing Section 8 Cash Flow ft. Mike Curadossi

Section 8 investor Mike Curadossi joins host Slocomb Reed on the Best Ever CRE Show. In this episode, Mike dives into what it’s really like managing Section 8 properties, including the secrets and strategies to maximize cash flow, the biggest challenges that come with Section 8 tenants, and why placing tenants is the single most important part of the Section 8 process. Sponsors: Altra Running Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 23, 202427 min

S1 Ep 3671JF3671: The Opportunity in Office That Nobody’s Talking About ft. Brian Levredge

Brian Levredge, owner of First Property Management, joins hosts Ash Patel and Amanda Crusie on the Best Ever CRE Show. He invests in a variety of asset classes, including industrial and flex, office, multifamily, and more. In this episode, Brian and our hosts nerd out on suburban office, discussing why it’s one of the most overlooked opportunities in commercial real estate today. He also discusses the headaches of managing multi-tenant office buildings, his criteria and how he evaluates office deals, and why the work-from-home movement is beginning to shift. Sponsors: Altra Running Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 22, 202435 min

S1 Ep 3670JF3670: The ‘Disastrous Policy’ Behind This Investor’s Worst-Ever Deals ft. Jonah Bamberger

Jonah Bamberger, managing partner and executive chairman of Aulder Capital, joins host Joe Cornwell on the Best Ever CRE Show. Aulder Capital has done over 60 acquisitions totaling more than $1 billion, and in this episode, Jonah discusses investing in Brooklyn and along the I-95 corridor, the active development deals currently working on — including building New York’s only Miami-style beach club — and the challenges of investing in rest-stabilized neighborhoods in NYC. Jonah Bamberger | Real Estate Background Aulder Capital Portfolio: 60 acquisitions with 20 realizations valued at over $1 billion. Based in: New York City, NY Say hi to him at: LinkedIn Best Ever Book: Lonesome Dove by Larry McMurtry Greatest Lesson: Work hard, be kind, and good things will happen Sponsors: Altra Running Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 21, 202428 min

S1 Ep 3669JF3669: The Unsexy Reality of Building a Syndication Business from Scratch ft. Brian Burke

In this episode of Next Level CRE on the Best Ever Show, Brian Burke, CEO of Praxis Capital, joins host Matt Faircloth. Brian has acquired over half a billion dollars of real estate in his 30-plus years in the business, including more than 3,000 multifamily units and more than 700 single-family homes, with the assistance of proprietary software that he wrote himself. Brian has subdivided land, built homes, and constructed self-storage, but prefers to reposition existing multifamily properties. Brian discusses how to build a syndication business from scratch, including how to time the market based on psychology, the biggest misconceptions about multifamily properties, and the key hires he made that scaled his business from $30-40 million to $100 million. He also explains why he (almost) never visits the properties he buys and how he would build his business if he has to start over from scratch today. Brian Burke | Next Level CRE Praxis Capital Portfolio: 1,000 units +/- Based in: Santa Rosa, CA Say hi to him at: LinkedIn Sponsors: Altra Running Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 20, 202456 min

S1 Ep 3668JF3668: Scaling Land Acquisitions, Navigating Zoning Challenges, and Turning $40M into $136M ft. Anita Verma-Lallian

Ash Patel interviews Anita Verma-Lallian, CEO of Arizona Land Consulting, about her journey in the land consulting business, the growth of Arizona's real estate market, and the intricacies of land acquisition and development. Anita shares insights on the importance of zoning, community relations, and strategic investment in land, as well as the returns investors can expect compared to other asset classes. The discussion also touches on the challenges of finding suitable properties and the dynamics of working with investors. Anita Verma-Lallian | Real Estate Background Arizona Land Consulting Based in: Phoenix, Arizona Say her to him at: www.arizonalandconsulting.com LinkedIn Instagram Best Ever Book: LifePass: A Groundbreaking Approach to Goal Setting Sponsors: Altra Running Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 19, 202425 min

S1 Ep 3667JF3667: Transitioning from Multifamily to RV Parks, $1M Pecan Business Acquisition, and Mastering the Perpetuity Model ft. Josh Ferrari

Josh Ferrari, CEO and owner of Ferrari Capital, discusses his experience in syndicating commercial real estate, including multifamily properties and RV parks. He shares his unique perpetuity model for partnership with LPs, where they receive a 100% return of capital and then retain ownership in the deal while receiving a share of distributable capital. Josh also talks about his recent business acquisition of a pecan business and the cash flow it generates. He emphasizes the importance of pivoting and adapting to market conditions and finding deals that align with your goals. Josh Ferrari | Real Estate Background Ferrari Capital Portfolio: 900 units, $75M AUM $27M of equity raised 750 multifamily units between A, B, & C class 150 RV park pads between two different assets Based in: Tampa, FL Say hi to him at: LinkedIn Facebook www.ferraricapital.com Best Ever Book: Vivid Vision by Cameron Herold Greatest Lesson: Don't ever try to do anything alone in this business. Sponsors: Altra Running Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 18, 202431 min

S1 Ep 3666JF3666: Navigating 400 Evaluations for 2 Deals, $1M Renovation Plans, and Leveraging Third-Party Management ft. Paul Montelongo

Paul Montelongo, founder of Montalongo Capital, discusses his focus on acquiring value-add multifamily properties in Texas, Kansas, and Alabama. He shares that their business plan involves putting about a million dollars worth of improvements into each property and holding them for five to six years. Paul emphasizes the importance of staying nimble in the current market and building strong relationships with brokers and referral sources to find deals. He also discusses the benefits and challenges of third-party property management and the trend of vertical integration in the industry. Paul shares his experiences and lessons learned from past deals, highlighting the importance of staying in your lane and having a clear business plan. He advises investors to evaluate deals and put in offers, taking advantage of the current market conditions. Paul Montelongo | Real Estate Background Founder Montelongo Capital, LLC Portfolio: 1106 Units Based in: San Antonio, TX Say hi to him at: Facebook Instagram LinkedIn Sponsors: Altra Running Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 17, 202429 min

S1 Ep 3665JF3665: Rebuilding a $100M Portfolio, Lessons from Federal Prison, and Navigating Today's Multifamily Market ft. Mike Morawski

Mike Morawski, a commercial multifamily operator, shares his experience in the real estate industry and offers insights into the current market climate. He discusses the factors that contributed to his success in scaling his business from zero to $100 million in five years, as well as the mistakes he made during the Great Recession. Morawski believes that there are opportunities in the current market and emphasizes the importance of investing in growth markets and paying attention to details in asset management. Mike Morawski | Real Estate Background MikeMorawski.com Resilience Equity Portfolio: 100 Units in Tampa Lead Sponsor on GP Team 450 Units in Tulsa Lead Sponsor on GP Team Based in: Huntington Beach, California Say hi to him at: Insider Secrets Real Estate by Mike Morawski LinkedIn MikeMorawski.com Sponsors: Altra Running Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 16, 202423 min

S1 Ep 3664JF3664: Scaling with Joint Ventures, Maximizing Returns through Property Conversions, and Building a Global Portfolio ft. Charlie Panayi

Charlie Panayi, CEO of Red Squirrel Property Shop, shares his journey into real estate investing and the different types of properties he has invested in. He started at a young age, buying his first property at 18 and focusing on buy-to-let investments. As he gained more experience, he diversified into larger developments, conversions, and commercial properties. He also discusses the UK property market and the opportunities that arose after the 2008 crash. Charlie emphasizes the importance of education and leveraging knowledge from mentors and joint ventures. Charlie Panayi discusses his experience with joint ventures and partnerships in the real estate industry. He explains how he helps others by being part of their deals and shares the benefits of collaboration. Charlie also talks about different types of property conversions, such as converting houses into multiple occupancy properties, and the commercial value they can generate. He discusses the challenges of navigating local regulations and councils in the UK and shares his insights on investing in the UAE. Charlie emphasizes the importance of being conservative in underwriting and projections, especially in a volatile market. Charlie Panayi | Real Estate Background Red Squirrel Property Shop Based in: London, United Kingdom Say hi to him at: PodFolio LinkedIn www.charliepanayi.com Instagram Youtube Best Ever Book: Rich Dad Poor Dad by Robert Kiyosaki Greatest Lesson: Can’t replace time. Sponsors: Altra Running Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 15, 202433 min

S1 Ep 3663JF3663: Overcoming Rent Control Challenges, Managing 95% Vacancy in Value-Add Deals, and Expanding into High-Growth Markets ft. Zihao Wang

Zihao Wang, CEO at Motiva Holdings, discusses their value-add multifamily investment strategy and portfolio growth. They focus on both Southern California and other markets such as the Texas Triangle and the Midwest. In Southern California, they target two types of value-add plays: properties with mom and pop owners who haven't raised rents due to rent control, and properties with sophisticated operators who have already added value but still have rental upside. Zihao explains how rent control affects their strategies and the challenges of re-tenanting properties. He also discusses their capital raising approach, return projections, and the benefits of investing in different markets. Zihao Wang | Real Estate Background CEO at Motiva Holdings Portfolio: 34 projects ; 1663 units ; ~$0.5B capitalization Based in: Commerce, CA Say hi to him at: LinkedIn www.motivaholdings.com Best Ever Book: Rich Dad, Poor Dad - Robert Kiyosaki Greatest Lesson: Never stop learning. The scariest thing in our fast-moving world is that you don't know what you don't know. Sponsors: Altra Running Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 14, 202422 min

S1 Ep 3662JF3662: Building a Real Estate Empire Without Banks Through Creative Financing ft. Pace Morby

In this episode of Next Level CRE on the Best Ever Show, creative finance legend Pace Morby joins host Matt Faircloth to explain how investors can use subject to, seller financing, and other creative strategies to acquire properties at low interest rates and without using a bank. Pace discusses his start in real estate, including how a Ponzi scheme forced him to basically start over, and how he built a thriving real estate empire through creative finance. He also shares how he overcomes seller objections when discussing creative finance strategies that most sellers don’t understand, how his unique understanding of amortization and tax benefits allows him to negotiate low interest rates via seller financing, and how he acquired two RV parks with creative finance. Pace Morby | Real Estate Background Owner of SubTo, professional real estate investor, and business entrepreneur Portfolio: 1,500 multifamily doors 300 single-family doors Based in: Arizona Say hi to him at: subto.com YouTube Best Ever Book: My Side of the Mountain by Jean Craighead George Greatest Lesson: I should have started earlier and surrounded myself with people who had portfolios and lives that I wanted. Sponsors: Altra Running Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 13, 20241h 0m