
The Best Ever CRE Show
4,263 episodes — Page 26 of 86
S1 Ep 3010JF3010: How to Reverse Engineer Your Goals | Passive Investor Tips ft. Travis Watts
Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor. When most people set a goal, they tend to work toward achieving that goal in a linear fashion — from start to finish. In this episode, Travis explains how to make your goals more attainable by starting with the end in mind using a strategy called reverse engineering. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 3009JF3009: Investment Sales & Mastering Your Clients’ Needs ft. David Ash
David Ash is the managing director at Walker & Dunlop, which works with investment sales efforts across New York and executes across all asset classes. In this episode, he shares how starting out as a club promoter in college helped him discover his gift of bringing people together, how that led to a flourishing career in investment sales, and some of his insights into the New York City commercial real estate market. David Ash | Real Estate Background Managing director at Walker & Dunlop, which works with investment sales efforts across New York and executes all across asset classes. He has also done $4.21B in sales transactions since the inception of his company Prince Realty Advisors. Based in: Manhattan, NY Say hi to him at: LinkedIn Best Ever Book: Hit Makers: The Science of Popularity in an Age of Distraction by Derek Thompson Greatest lesson: Stay focused on what you’re good at. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 3008JF3008: Finding Your Focus in Multifamily Syndication ft. Brian Wagers
Brian Wagers is the owner/operator of Elevate Commercial Investment Group, which buys apartments across the U.S. with the intent to increase net operating income. In this episode, he tells us why he recommends starting a commercial real estate meetup in your area, what economic policies he looks for in new markets, and his group’s strategy for taking on newly developed multifamily properties. Brian Wagers | Real Estate Background Owner/operator of Elevate Commercial Investment Group, which buys apartments across the U.S. with the intent to increase net operating income. Portfolio: GP of 5,800 doors LP of About 2,000 doors Based in: Rogers, AR Say hi to him at: elevatecig.com LinkedIn Best Ever Book: How to Win Friends and Influence People by Dale Carnegie Greatest lesson: Stay focused and don’t get “shiny-penny syndrome.” Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 3007JF3007: Update on Interest Rates & Finding Great Deals | Beyond Multifamily ft. Ash Patel
The Beyond Multifamily series is hosted by non-residential commercial real estate investor and Best Ever Show host, Ash Patel. Ash’s goal for this series is to introduce you to the world of non-residential commercial real estate investing and teach you how to look at and underwrite different commercial asset classes. In this episode, Ash discusses increasing interest rates and other current factors that are impacting commercial real estate investors. He also reflects on several different deals he has recently worked on and the lessons he’s learned from them. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
JF3006: A Fresh Take on Manufactured Housing ft. Daniel Weisfield
Daniel Weisfield is the co-founder of Three Pillar Communities, a Top 50 owner of manufactured housing communities in the U.S. In this episode, he discusses his passion for developing and improving existing manufactured housing communities, the need to correct stereotypes and misunderstandings about this asset class, and how he is working to be part of the solution. Daniel Weisfield | Real Estate Background Co-founder of Three Pillar Communities, a Top 50 owner of mobile home parks in the U.S. Portfolio: 50 assets in eight states 70+ employees 10,000+ residents Based in: Los Altos, CA Say hi to him at: LinkedIn Twitter Greatest Lesson: Our first deal — buying a distressed 22-unit mobile home park at an online sheriff's auction. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 3005JF3005: How Compounding Action Creates Huge Wins ft. Justin Moy
Justin Moy is a principal at Perpetual Wealth Capital and host of the podcast, Building Passive Income & Wealth (Through Real Estate). In this episode, he shares how his lifelong interest in real estate led him to flipping, wholesaling, becoming a realtor, and ultimately finding multifamily syndication and becoming a GP of 300+ units. “If something is really worth having, you’ve got to know that other people have done it before you, other people were successful, and you can be, too.” Justin Moy | Real Estate Background Principal at Perpetual Wealth Capital and host of the podcast, Building Passive Income & Wealth (Through Real Estate). Portfolio: Lead GP and LP of 304 units Based in: Kansas City, MO Say hi to him at: Instagram LinkedIn thedefinitiveguidebook.com Greatest lesson: Refining your communication and sales skills, regardless of your position, is important. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 3004JF3004: Diversification: The Great Wealth Preserver | Passive Investor Tips ft. Travis Watts
Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor. Warren Buffett once said, “Wide diversification is only required when investors do not understand what they are doing.” In this episode, Travis Watts explains why he doesn’t agree with this particular quote and shares a few short, true stories to demonstrate the importance of diversification. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 3003JF3003: Building a Real Estate Career in Maui, HI ft. Greg Gaudet
Greg Gaudet is a real estate investor at Maui Home Buyers and the business development manager of Premier Restoration Hawaii. In this episode, he discusses how he overcame addiction and homelessness to achieve financial independence, how he ended up getting started in real estate after moving to Maui, and the kinds of deals he’s currently targeting. Greg Gaudet | Real Estate Background Real estate investor at Maui Home Buyers and business development manager of Premier Restoration Hawaii. Portfolio: 20 units, 17 fully owned Based in: Maui, HI Say hi to him at: Instagram LinkedIn https://www.mauihomebuyers.com/ Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 3002JF3002: Finding Flexibility through Multifamily Investing ft. Xiaofeng Harman
Xiaofeng Harman is the co-founder of Liberta Homes, a diverse company focusing on the construction of modern high-end homes and quality multifamily housing around the country. In this episode, she tells us about her pursuit of financial freedom, her long journey to becoming a GP on 150+ units, and the importance of partnering with experienced syndicators. Xiaofeng Harman | Real Estate Background Co-founder of Liberta Homes, a diverse company focusing on the construction of modern high-end homes and quality multifamily housing around the country. Portfolio: GP of 152 units Based in: Oakland, CA Say hi to her at: libertahomes.com Greatest Lesson: Finding a great partner who fits you is so critical before you enter a deal. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 3001JF3001: Surrounding Yourself with the Right People ft. Doug Harman
Doug Harman is the owner and CEO of Liberta Homes, a diverse company focusing on the construction of modern high-end homes and quality multifamily housing around the country. In this episode, he shares the lessons he’s learned from hiring the wrong property managers, how he ended up finding the right fit, and his tips for developing a strong team. Doug Harman | Real Estate Background Owner and CEO of Liberta Homes, a diverse company focusing on the construction of modern high-end homes and quality multifamily housing around the country. He has been a real estate investor for 22 years, and also works full-time as an Avian Maintenance Manager. Portfolio: GP of 152 units Based in: Oakland, CA Say hi to him at: libertahomes.com Facebook Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 3000JF3000: How to Stay Liquid & Earn a High Interest Rate ft. Edward Brown
Edward Brown assists Pacific Private Money with capital raising and investor presentations. In this episode, he discusses hard money loans, starting funds, helping investors with bridge loans, and how to stay liquid and earn a high interest rate. Edward Brown | Real Estate Background Previously CEO of a hard money loan company for many years, as well as an expert witness and writer. Today, he assists Pacific Private Money with capital raising and investor presentations. Based in: California Say hi to him at: pacificprivatemoney.com Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2999JF2999: Maintaining Stability in Apartment Investing ft. Kelly Iannone
Kelly Iannone is the founder and owner of Waypoint Commercial Investment Partners, LLC, which focuses on multifamily syndication. In this episode, she tells us her reasons for getting into real estate investing and how she maintains stability as a multifamily syndicator. Kelly Iannone | Real Estate Background Founder and owner of Waypoint Commercial Investment Partners, LLC, which focuses on multifamily syndication. Portfolio: GP of: 357 units across three properties One six-unit property One single-family rental LP of: One property 45 RV pads Works full-time at the Walt Disney Company as a senior manager of business planning and strategy. Based in: Orlando, FL Say hi to her at: waypointcip.com LinkedIn Greatest Lesson: I’m super passionate about the FIRE (financial independence, retire early) community and I believe anyone within my circle of influence has an opportunity to become financially free within 10 years. Regardless of if they want to retire or continue working, having the option is the goal! Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2998JF2998: The Ins & Outs of Land Entitlement Deals ft. Elsa Nguyen
Elsa Nguyen is the CEO and founder of Sunrise Equity Group, which focuses on apartment syndication. In this episode, she shares why she was drawn to land development opportunities in Florida, the various steps that go into executing a land entitlement deal, and the level of detail that can go into creating a land development construction plan. Elsa Nguyen | Real Estate Background CEO and founder of Sunrise Equity Group, which focuses on apartment syndication. Portfolio: 200 apartment units 225 units in pre-construction & development Based in: Fremont, CA Say hi to her at: sunriseequitygroup.com LinkedIn Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2997JF2997: Vertical Insights from a Real Estate Advisor ft. D’Nette Wood
D’Nette Wood has been in the real estate business for 23 years and is currently a real estate advisor for Sotheby’s International Realty, where she focuses on luxury homes as well as commercial real estate. In this episode, she discusses transitioning from a loan officer to getting involved in commercial real estate, what she’s learned from experiencing downturns in the economy firsthand, and how she focuses on her client’s needs. D’Nette Wood | Real Estate Background Has been in the real estate business for 23 years and is currently a real estate advisor for Sotheby’s International Realty, where she focuses on luxury homes as well as commercial real estate. Based in: Albuquerque, NM Say hi to her at: dnettewood.com Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2996JF2996: How to Buy a Porsche with Passive Income | Passive Investor Tips ft. Travis Watts
Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor. In this episode, Travis tells us how he and his wife have been able to purchase numerous vehicles over the years by using passive income. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2995JF2995: Learning to Manage Rapid Business Growth ft. Whitney Sewell
Whitney Sewell is the founder and CEO of Life Bridge Capital, a leading real estate syndication company that offers its investment partners the opportunity to leverage shares of multifamily rental properties into a passive monthly income. In this episode, he shares the details of his journey from his background in military, law enforcement, and horse training to becoming a real estate syndicator with $350M in AUM. Whitney Sewell | Real Estate Background Founder and CEO of Life Bridge Capital, which is a leading real estate syndication company that offers its investment partners the opportunity to leverage shares of multifamily rental properties into a passive monthly income. Previous episode: JF1690: What Are the Challenges You Faced Starting Your Syndication Journey? Portfolio: $350M in AUM Based in: Roanoke, VA Say hi to him at: lifebridgecapital.com Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2994JF2994: 3 Signs It’s Time to Hire a Private Equity Firm ft. Charles Wessel
Charles Wessel is the principal at Cordell Capital, which focuses on apartment syndication. In this episode, he discusses the ins and outs of raising capital and what he looks for when he vets sponsors. Charles Wessel | Real Estate Background Principal at Cordell Capital, which focuses on apartment syndication. Portfolio: GP of 786 units, totaling ~$73M in AUM LP of 66 units Based in: Charleston, SC Say hi to him at: cordellcapital.com Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2993JF2993: Transitioning from Sales to Raising Capital ft. Charlie Hardage
Charlie Hardage is the co-founder of H&K Investment Group LLC, which improves apartment communities by making them safer, adding value, and running them efficiently. In this episode, he tells us what motivated him to leave his W-2 job, why he got started in real estate as a limited partner, and how he discovered his talent for analyzing deals and raising capital. Charlie Hardage | Real Estate Background Co-founder of H&K Investment Group LLC, which improves apartment communities by making them safer, adding value, and running them efficiently in a 3-5 year period. Portfolio: GP of 282 units LP of 538 units Based in: Nashville, TN Say hi to him at: hkigllc.com LinkedIn Facebook Greatest Lesson: I don't have to know everything. We are a team and everyone uses their superpower. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2992JF2992: 3 Steps to Start Scaling Your Business ft. David McIlwaine
David McIlwaine is the founder and CEO of MAC Assets, which syndicates B- and C-class value-add properties. In this episode, he tells us how one seminar changed his entire career trajectory, the first steps he took to start scaling his real estate business, and the hard lesson he learned when a deal fell through during his honeymoon. David McIlwaine | Real Estate Background Founder and CEO of MAC Assets, which syndicates B- and C-class value-add properties. Portfolio: GP of 1,000 doors LP of 200 doors Based in: Denver, CO Say hi to him at: macassets.com LinkedIn Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2991JF2991: Tips for Growing & Building Your Team ft. Benjamin Goodpasture
Benjamin Goodpasture is the CEO of Goodpasture Homes, LLC, which transforms distressed properties into functional homes that add value to families, homebuyers, tenants, and neighborhoods. In this episode, he discusses how his background in construction fueled his interest in rehab and construction-intensive projects, how he is adapting his investment and acquisitions strategies in response to the current market and economy, and the top lessons he’s learned from managing his own team of rehabbers. Benjamin Goodpasture | Real Estate Background CEO of Goodpasture Homes, LLC, which transforms distressed properties into functional homes that add value to families, homebuyers, tenants, and neighborhoods. Portfolio: 40+ doors Based in: Redding, CA Say hi to him at: goodpasturehomes.com LinkedIn Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2990JF2990: From 75 Units to Nearly $400M in AUM ft. Jason Harris
Jason Harris is the founder and CEO of Harris Investment Group, which invests in multifamily properties, focusing on adding real value to the property for its tenant base. In this episode, he shares how he’s scaled to almost $400 in AUM in the last four years, the hardships he experienced along the way, and some of the toughest lessons he’s learned in his career so far. Jason Harris | Real Estate Background Founder and CEO of Harris Investment Group, which invests in multifamily properties, focusing on adding real value to the property for its tenant base. Previous Best Ever episode: JF1579: Scaling To 75 Units Using Creative Financing with Jason & Carrie Harris Portfolio: GP of 2,000 units totaling $300M in AUM Based in: Orem, UT Say hi to him at: harrisinvestmentgroup.com LinkedIn Greatest lesson: The path to true wealth is available to all through real estate. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2989JF2989: Why Big Money Is Made in the Niches | Passive Investor Tips ft. Travis Watts
Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor. In this episode, Travis discusses the idea that you get paid in direct proportion to the difficulty of the problem that you solve. He examines how commercial real estate fits into this discussion as well. By zeroing in on a very specific niche in real estate, he explains, you decrease the level of competition — and increase your chances for success. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2988JF2988: Repositioning Apartments with Minimal Risk ft. Edward Ring
Edward Ring is the founder and CEO of New Standard Equities, a leading vertically-integrated real estate investment management firm that specializes in the acquisition and operations of multifamily properties located throughout the Western U.S. In this episode, he tells us his thoughts on the difference between a value-add and repositioning business plan, how he cautiously approaches repositioning apartment buildings, and which apartment interior updates have led to the most success for his business. Edward Ring | Real Estate Background Founder and CEO of New Standard Equities, which is a leading vertically-integrated real estate investment management firm that specializes in the acquisition and operations of multifamily properties located throughout the Western U.S. Portfolio: 2,000 units in 13 properties Based in: Los Angeles, CA Say hi to him at: newstandardequities.com LinkedIn Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2987JF2987: Market Outlook from LA’s Westside Region ft. Adam Rosenkranz
Adam Rosenkranz is the chief investment officer of Christina Development Corporation, a Malibu-based real estate developer, manager, and sponsor founded in 1977. In this episode, he discusses what he’s seeing in the Los Angeles market due to interest rate hikes and skepticism in the market, what he is seeing in terms of potential opportunities on the horizon, and his outlook on the residential market going forward. Adam Rosenkranz | Real Estate Background Chief investment officer of Christina Development Corporation, a Malibu-based real estate developer, manager, and sponsor founded in 1977. Previous episode: JF2901: 45 Years Without Losing a Dollar ft. Adam Rosenkranz Portfolio: GP of approximately 20 properties that are a mix of retail, office, and multifamily Based in: Malibu, CA Say hi to him at: christinala.com LinkedIn Twitter Greatest lesson: Great real estate is meant to be held. Throughout the company’s 45-year history, there is not a single property we’ve sold in the Westside region of Los Angeles that we could purchase back today for the price we sold it for. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2986JF2986: How to Pivot to Non-Residential CRE in a Recession ft. Ash Patel
Inflation is at an all-time high and we may be on the brink of a syndication bubble. Deciding where to invest your money is crucial in times like these. In this episode, Best Ever Show host Ash Patel discusses how to start investing in non-residential CRE to increase your returns. What you'll learn: Which deals to look for and how to find them How to underwrite your deals like a pro How to re-tool yourself to look at new deals that will earn your more How to find deals from $200K–$7M Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2985JF2985: Multifamily Lessons Learned the Hard Way ft. Lisa Parrish
Lisa Parrish is the owner of GLP Investments, LLC, an acquisitions company that identifies and acquires multifamily properties in North Carolina, South Carolina, and Texas. In this episode, she shares why she and her husband transitioned to third-party property management after doing it themselves for years, her advice for finding the right business partners, and how learning things the hard way along her journey has ultimately benefited her. Lisa Parrish | Real Estate Background Owner of GLP Investments, LLC, an acquisitions company that identifies and acquires multifamily properties in NC, SC, and TX. Portfolio: GP of 3,243 units across 26 properties Based in: Charlotte, NC, and AZ Say hi to her at: glpinvestmentsnc.com Facebook Best Ever Book: Think & Grow Rich by Napoleon Hill Greatest lesson: The importance of finding great partners is the key. Once we found the partners that were the other piece of our puzzle, we increased our portfolio substantially. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2984JF2984: Scaling a High-Growth, High-Profit Business ft. Don Wenner
Don Wenner is the CEO and founder of DLP Capital, a high-growth IMPACT investor that leverages capital with real estate-backed investments. In this episode, he discusses how he reached $4B in AUM in 17 years, his book titled How to Build an Elite Organization, and why hiring and developing leaders is integral to scaling your business. Don Wenner | Real Estate Background CEO and founder of DLP Capital, a high-growth IMPACT investor that leverages capital with real estate-backed investments. They focus on sectors and property types that help to address the housing affordability crisis in America. Portfolio: Manages over $4B in real estate assets Based in: St. Augustine, FL Say hi to him at: dlpcapital.com Instagram LinkedIn Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2983JF2983: From Airline Pilot to Multifamily Syndicator ft. Satch Bernhardt
Satch Bernhardt is the managing principal at Bernhardt Capital, LLC, which helps airline pilots and busy professionals invest in value-add multifamily deals through real estate syndications. In this episode, he shares the steps he took to jump from wholesaling single-family homes to raising capital for multifamily syndications, the hard lessons he learned from hiring too quickly, and why he believes more pilots are looking to diversify their investments right now. Satch Bernhardt | Real Estate Background Managing principal at Bernhardt Capital, LLC, which helps airline pilots and busy professionals invest in value-add multifamily deals through real estate syndications. Portfolio: GP of 350 units Fund manager for a $25M fund LP of 726 doors. Based in: Orlando, FL Say hi to him at: bernhardtcapital.net LinkedIn Best Ever Book: What It Takes by Stephen A. Schwarzman Greatest Lesson: Real estate is a team sport. Collaborate with others to go far in this field. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2982JF2982: How to Spot Good Investment Opportunities | Passive Investor Tips ft. Travis Watts
Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor. In this episode, Travis gives three tips on how to find investment opportunities, along with four ways to know if a particular opportunity is right for you. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2981JF2981: How Hotels Can Adapt to a Shifting Market ft. Mike Stohler
Mike Stohler is the managing partner at Gateway Private Equity, which creates and manages income-producing hotel real estate investment portfolios for investors. In this episode, he tells us why he made the switch to hotels after accumulating 1400 multifamily doors, how thinking outside the box helped him keep his hotels afloat during the pandemic, and why he is now shifting his focus to hotel development. Mike Stohler | Real Estate Background Managing partner at Gateway Private Equity, which creates and manages income-producing hotel real estate investment portfolios for investors. Portfolio: 8 single-family rentals 3 hotels Based in: Scottsdale, AZ Say hi to him at: gatewaype.com LinkedIn Best Ever Book: Money Secrets of the Rich by John Burley Greatest Lesson: People say your investor comes first. The asset should be first. Don’t jeopardize the asset. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2980JF2980: Pivoting from a Perfect Business Plan ft. Tony Castronovo
Tony Castronovo is the founder and managing partner of Novo Multifamily Group, a multifamily real estate investment and asset management group that focuses on building communities that offer affordable living at higher standards. In this episode, he discusses his journey from management consulting to real estate, his new company, and the challenges he navigated with his first multifamily property. Tony Castronovo | Real Estate Background Founder and managing partner of Novo Multifamily Group, a multifamily real estate investment and asset management group that focuses on building communities that offer affordable living at higher standards. Portfolio: 868 units across 7 properties Based in: Houston, TX Say hi to him at: novomultifamilygroup.com LinkedIn Greatest Lesson: Who, not how. Proximity is power. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2979JF2979: Starting from Scratch & Seizing Opportunities ft. Vab Jain
Vab Jain left medical school in 1998 to become a stock broker. After serving on the Chicago Board Options Exchange for a time, he returned to school to earn his master’s degree. By 2006, he had an MBA, but no job prospects. Determined to own his own business, Vab began investing in hotels. However, one deal that didn’t work out left him with nothing. Without a home or any money, Vab returned to his hometown of Dayton, Ohio, to stay with his parents and start from scratch. He decided to turn around a hotel that his parents owned, which became the catalyst he needed to get back on his feet. Today, Vab is the CEO of Athena Investments. In this episode, he shares how he was able to use creative financing for several years while he worked on improving his credit, how he has been able to adapt to an ever-changing market, and his advice for scaling in today’s economic climate. Vab Jain | Real Estate Background CEO of Athena Investments. He also served on the CBOE (Chicago Board Options Exchange). Portfolio: GP of 200+ residential units Based in: Dayton, OH Say hi to him at: LinkedIn Best Ever Book: Don’t Sweat the Small Stuff by Richard Carlson Greatest Lesson: Still in the works, but it’s to be content and accept change. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2978JF2978: Explosive Growth Is All About Mindset ft. Warren Dresner
Warren Dresner is the founder and managing partner at Equity Yield Group, a real estate investment and acquisition firm focused on acquiring A- and B-class multifamily assets. In this episode, he tells us how he reached $200M in AUM in just four years, why he decided to go big on his first deal, and how his mindset has helped him find success. Warren Dresner | Real Estate Background Founder and managing partner at Equity Yield Group, a real estate investment and acquisition firm focused on acquiring A- and B-class multifamily assets. Portfolio: GP of 2,000 units LP of 2,530 units $200M in AUM Based in: Miami, FL Say hi to him at: equityyieldgroup.com Greatest Lesson: Being disciplined and focused in your investment strategy reduces risk, and in turn yields better ROI. Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2977JF2977: How to Push Past Your Comfort Zone ft. Christina Kovacs
Christina Kovacs is a residential broker and owner at Home Agency, a full-service boutique real estate brokerage in Fort Lauderdale, FL. She is also a single-family real estate investor. In this episode, she discusses how she continually pushes herself out of her comfort zone despite her introverted tendencies, how increasing her network has paid off, and her plans to begin raising capital. Christina Kovacs | Real Estate Background Residential broker and owner at the Home Agency, a full-service boutique real estate brokerage in Fort Lauderdale, FL. She is also a single-family real estate investor. Portfolio: LP of 731 units JV partner of 54 units Based in: Fort Lauderdale, FL Say hi to her at: christinakovacs.com LinkedIn Best Ever Book: Crushing It by Brian Murray Greatest Lesson: Proximity is power and never stop learning/growing. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2976JF2976: What’s Next for Multifamily? ft. Michael H. Zaransky
Michael H. Zaransky’s family has been in the real estate business for three generations. His grandfather began by buying apartment hotels in the Chicago area in the early 1900s. Over the years, his family has pivoted within the multifamily space from purchasing existing properties to developing new ones. Today, Michael is the founder and managing principal at MZ Capital, which focuses on ground-up construction and apartment syndication. In this episode, he shares two reasons why he’s focusing on new construction suburban-style complexes, his perspective on the state of the economy and its impact on multifamily, and his predictions for the future in terms of rent growth and occupancy. “I would never, ever bet against the growth and the vibrancy of the United States economy.” Michael H. Zaransky | Real Estate Background Founder and managing principal at MZ Capital, which focuses on ground-up construction and apartment syndication. Portfolio: GP of 2,500 units Based in: Chicago, IL Say hi to him at: michaelzaransky.com mzcapitalpartners.com LinkedIn Twitter Best Ever Book: Making It in Real Estate by the Urban Land Institute Greatest Lesson: If business success were easy, everybody and his brother could do it and we would not have our edge! Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2975JF2975: Monday Doesn’t Make You Happy, But Can Positive Income? | Passive Investor Tips ft. Travis Watts
Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor. In this episode, Travis discusses how passive income can be used as a way to enhance your lifestyle. He explores whether it is possible to increase your happiness with passive income by sharing his journey from being a W-2 income earner to a full-time passive investor and how it has impacted his own life. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2974JF2974: Finding the Devil in the Details ft. Matt Kontoff
Matt Kontoff left his successful 30-year career as a software engineer to pursue multifamily syndications just a couple of years ago. Today, he is the principal and founder of Redwing Capital, which focuses on multifamily syndication. He is a GP of 43 units and four duplexes and an LP of over 1,000 doors. In this episode, Matt discusses why multifamily investors should be interested in the Columbus market right now, how his skills as an engineer have transferred over to deal analysis and asset management, and how he learned firsthand that the devil is in the details. Matt Kontoff | Real Estate Background Principal and founder of Redwing Capital, which focuses on multifamily syndication. Portfolio: GP of: 43 units Four duplexes LP of: Over 1,100 doors Based in: Acton, MA Say hi to him at: redwingcap.com Facebook LinkedIn Greatest Lesson: Pay attention to the details. Don't assume something to be true until you verify it, especially during due diligence. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2973JF2973: Be an Educator, Not a Salesperson ft. Marc Weisi
Marc Weisi spent his career working in financial markets, starting out in IT and then moving on to trading and portfolio management. Over the last five to six years, he has steadily grown his personal portfolio, eventually transitioning to the multifamily space. Today, Marc is the principal at Maple Capital Partners, which invests in multifamily commercial assets in class B and C neighborhoods throughout the United States. In this episode, he shares how he and his partner gained experience by raising for other operators and co-sponsoring deals, what he has done to steadily grow his investor network, and what traits he thinks will be most important for investors to succeed in the current economic climate. “I think it’s going to be the people that are the most creative and the most willing to do what others aren’t in terms of adding value to properties. I think those are the people that are going to get the most deals under contract and do the most in terms of business over the next couple of years here.” Marc Weisi | Real Estate Background Principal at Maple Capital Partners, which invests in multifamily commercial (5+ units) assets in class B and C neighborhoods throughout the United States. Portfolio: GP of 54 units LP of 93 units Based in: Jersey City, NJ Say hi to him at: investwithmaple.com Facebook Instagram Email: [email protected] Greatest Lesson: Your level of success will be in direct proportion to the strength of your team. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2972JF2972: Changing Trends in Retail & How to Adapt ft. Josh Rothstein
Josh Rothstein is a listing specialist at OnSite Retail Group, a commercial real estate brokerage and development company specializing in retail and restaurants. He has been a commercial realtor for 10 years, and he describes his current role as “playing matchmaker between buyer and seller or landlord.” In this episode, he tells us what makes shopping centers succeed (or fail), how urban downtown retailers remained open and survived the pandemic, and tips for how urban core landlords can adapt and fill vacancies post-Covid. Josh Rothstein | Real Estate Background Listing specialist at OnSite Retail Group, a commercial real estate brokerage and development company specializing in retail and restaurants. Based in: Cincinnati, OH Say hi to him at: onsiteretailgroup.com Instagram Best Ever Book: Cincinnati Enquirer Greatest Lesson: Patience. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2971JF2971: How a PowerPoint Helped Launch 4 Businesses ft. Mehdi Khachani
How a PowerPoint Helped Launch 4 Businesses ft. Mehdi Khachani Mehdi Khachani moved to the United States from Morocco in 1999. He and his wife stumbled into real estate seemingly by accident — after moving into a building with unimpressive property management, they decided that they could do a better job. They presented a PowerPoint to the building owners and were promptly hired as the new property managers. Today, Mehdi is the CEO of the JMK Group, which is a vertically integrated company with a brokerage, contracting, property management, and investment team focused on multifamily syndication. In this episode, he discusses the challenges he and his wife encountered when taking on their first property, why he advises against other investors taking property management in-house, and what practices and tools give them an edge over the competition. Mehdi Khachani | Real Estate Background Chief executive officer of the JMK Group, which is a vertically integrated company with a brokerage, contracting, property management, and investment team focused on multifamily syndication. Portfolio: GP of 511 units Based in: Miami Beach, FL Say hi to him at: jmkpropertyinvestment.com jmkpropertymanagement.com jmkre.com jmkcontractor.com Facebook LinkedIn Twitter Greatest Lesson: Misfortunes can often lead to blessings. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2970JF2970: How to Focus Your Energy on What Truly Matters ft. Rick Hale
Rick Hale got his start in real estate in 1996 with a simple goal to sell a few houses and make a living. After his first year, he earned six figures, and after doubling his business by year four, he opened the very first Keller Williams office in Atlanta, GA. Today, Rick is the operating partner of 12 Keller Williams offices that closed on 12,000 homes in the Atlanta metro area last year. He is preparing to publish his first book and has recently taken on the new title of Chief Energy and Education Officer. In this episode, Rick shares the challenges he’s faced with finding the right people to help scale his business, the mindset shift that enabled him to prioritize and value his time, and the best practices he personally employs to remain focused, energized, and positive. Rick Hale | Real Estate Background Opened the first Keller Williams office in Atlanta and now owns 12 brokerages. He is also an author and a limited partner on several commercial deals. Based in: Atlanta, GA Say hi to him at: Email: [email protected] Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2969JF2969: Mitigating Risk without Missing Out ft. Randy Langenderfer
Randy Langenderfer is a chief compliance and audit officer at Baylor College of Medicine who began flipping houses with his brother-in-law in 2009. After moving from Cleveland, OH, to Houston for a job opportunity, Randy began to learn about multifamily syndications. His interest was sparked, and he decided to spend a few years learning the intricacies of syndication, underwriting, and the legal aspects of it all. Today, Randy is the president of InvestArk Properties, LLC, a syndication business focusing on identifying, acquiring, and operating large multifamily properties. In this episode, he tells us what he sees most syndicators miss in terms of due diligence and deal analysis, what it takes to obtain a non-recourse loan, and why outsourcing is the key to scaling, growing, and protecting your time. Randy Langenderfer | Real Estate Background President at InvestArk Properties, LLC, a syndication business focusing on identifying, acquiring, and operating large multifamily properties. Portfolio: GP of 787 units & recently sold an additional 139 class C units LP of 3,587 units Also works full-time as chief compliance and audit officer at Baylor College of Medicine Based in: Houston, TX Say hi to him at: invest-ark.com LinkedIn Greatest Lesson: The importance of good property management and of joint venturing to expand your business. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2968JF2968: The 3-Step Process to Dollar-Cost Average CRE | Passive Investor Tips ft. Travis Watts
Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor. “Feed your investments so one day they can feed you.” In this episode, Travis explains how you can dollar-cost average, compound your investments, and build diversified passive income streams in three steps. 1. Create a new bank account. This could be in your own individual name, the name of a trust, or an LLC. Check with your financial advisor to see what makes the most sense for you. The purpose of this bank account is to exclusively hold the real estate that you’re going to be investing in. 2. Fund the account. This can be a lump sum that you place in the account on day one, or perhaps you want to move some cash from one account to another after a liquidity event. You could even begin funding the account through your active income. The goal is to save up enough for either the down payment on real estate you plan to purchase or the minimum investment amount if you plan to invest in syndications or private placements. 3. Make an investment that produces passive income or cash flow. With most syndications or private placements, you will likely have the option to have your cash deposited directly into your bank account. If you purchased your own real estate, you can use different apps and software to directly deposit rent payments into your account on a regular basis as well. Compounding Because you now have distributions from your first deal sitting in your bank account, you can use them to invest in a second deal. As you continue to repeat this process moving forward, it gets easier and easier to invest as your cash continues to compound. Dollar-Cost Averaging This process is considered dollar-cost averaging because if you do one deal per year, for example, the market is likely to change from year to year. Each time you do an investment, you will inevitably buy at a slightly higher or slightly lower price than the deal before. This way, you can dollar-cost average similarly to how it is done with stocks. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2967JF2967: How to Salvage a Deal & Make It a Win ft. Johnny Nelson
Johnny Nelson started out as a contractor and a mechanical engineer before becoming an investor and fund manager. He was motivated to get into real estate after the death of his father. The experience made him realize that he wanted to be able to pay medical expenses for his family and friends, and he knew achieving financial freedom was the key to making that possible. Today, Johnny is the principal at Arctos Capital, which focuses on multifamily assets. He is an apartment owner/operator and real estate fund manager. In this episode, Johnny discusses a recent deal where he struggled to raise funds, how that experience motivated him to focus on capital raising and become a fund manager, and what he would have done differently with that deal with the knowledge he has now. Johnny Nelson | Real Estate Background Principal at Arctos Capital, which focuses on multifamily assets. He is an apartment owner/operator and real estate fund manager. Portfolio: GP of 49 units LP of 70 units Based in: Minneapolis, MN Say hi to him at: arctosfund.com LinkedIn Greatest Lesson: Only do things that positively impact a lot of people. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2966JF2966: Mixed-Use & Commercial Development ft. Pete Montgomery
Pete Montgomery got his start in real estate 20 years ago working in property management. He soon realized he had a passion for commercial property management and leasing. Today, Pete is the broker of retail development at CMC Properties, where he specializes in mix-use development. CMC Properties has owned and managed thousands of apartments, offices, and retail stores. In this episode, Pete discusses why he has his sights set on suburban downtowns, why you should always take the time to introduce yourself to the city manager, when to use a broker to help fill vacancies, and how to qualify those brokers. Pete Montgomery | Real Estate Background Broker of Retail Development at CMC Properties, which has owned and managed thousands of apartments, offices, and retail stores. When they select a site that they are going to build on, Pete prospects potential commercial tenants. Based in: Edgewood, KY Say hi to him at: cmcproperties.com Facebook Greatest Lesson: Do what you say you are going to do. Fail to deliver and the customer will lose trust in you and your company. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2965JF2965: Self-Care & Productivity Tips for Entrepreneurs | Round Table
Each week for the Best Ever Round Table, the three Best Ever Show hosts — Ash Patel, Slocomb Reed, and Travis Watts — come together for a deep dive into a commercial real estate investing topic. In this episode, Ash, Slocomb, and Travis discuss a wide range of game-changing practices that can help entrepreneurs to be more successful. The hosts share their Best Ever advice on morning routines, accountability, productivity, goals, mentoring, coaches, and more. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2964JF2964: The Power of Education, Focus, & Taking Action ft. Tim Kelly
Tim Kelly is the VP of Education and co-owner of Active Duty Passive Income (ADPI), which simplifies the process for active duty and veteran military members and their families to create streams of passive income. He is also the CEO and founder of Kelly Housing Group, which invests in and syndicates both residential and multifamily properties in affordable and workforce housing spaces with a focus on apartment communities, mobile home communities, RV parks, and storage facilities. In this episode, he tells us what steps he took to transition from serving in the U.S. Navy to becoming a commercial multifamily syndicator, how he educates active-duty military members that want to earn passive income, and the tried-and-true elevator pitch that got him to where he is today. Tim Kelly | Real Estate Background CEO and founder of Kelly Housing Group, which invests in and syndicates both residential and multifamily properties in affordable and workforce housing spaces with a focus on apartment communities, mobile home communities, RV parks, and storage facilities. VP of Education and co-owner of ADPI, which simplifies the process for active duty, veteran military members, and their families to create streams of passive income. Worked for 15 years in the U.S. Navy as a Chief Petty Officer. Portfolio: GP of 675 units LP of 220 units Based in: Pensacola, FL Say hi to him at: thetimothykelly.com activedutypassiveincome.com Facebook Instagram LinkedIn Greatest lesson: Always remain curious, humble, and hungry. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2963JF2963: In Uncertain Times, Stick to What Works ft. Vadim Rey
While Vadim Rey was serving in the U.S. Navy, he realized he wanted a different path that would allow him to give back while living life on his terms. He discovered multifamily syndications and soon learned that the bigger the project he took on, the more people he could help at once. He did his first deal in 2019 and hasn’t looked back since. Today, Vadim is the deputy director and handles investor relations at Fair Winds Capital Investments. He is also the principal at Achieve Your Dream Capital, and he is a GP of 369 units and an LP of 2,114 units. In this episode, he shares how his underwriting has changed given the current economic climate, the biggest concerns he is seeing from LPs right now, and the hardest lesson he’s learned about pushing boundaries. Vadim Rey | Real Estate Background Deputy director and investor relations at Fair Winds Capital Investments, and principal at Achieve Your Dream Capital. They focus on apartment syndication. Portfolio: GP of 369 units LP of 2,114 units Based in: Las Vegas, NV Say hi to him at: fwcinvestments.com LinkedIn All socials: @fwcinvestments Greatest Lesson: The more you give, the more you get, and the more you can keep giving! Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2962JF2962: Examining CRE Deals from the Attorney’s POV ft. Mike Neiman
Mike Neiman is the principal attorney at Neiman Law LLC, which works on real estate legal matters with a focus on multifamily acquisitions. He is also a GP of 51 units and five duplexes. In this episode, Mike discusses common mistakes he sees both buyers and sellers make that can get them into trouble; his tips for structuring entities, deals, and personal assets; and why even the most experienced CRE investors still need an attorney. Mike Neiman | Real Estate Background Principal attorney at Neiman Law LLC, which works on real estate legal matters with a focus on multifamily acquisitions. Portfolio: GP of: 51 units (also passively invested in) Five duplexes Based in: Columbus, OH Say hi to him at: neiman-law.com LinkedIn Greatest Lesson: The right partnerships can help you grow exponentially. No one can do it all by themselves. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2961JF2961: How the Rich Get Richer | Passive Investor Tips ft. Travis Watts
Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor. In this episode, Travis explains how passive income is the key to accumulating wealth. He provides examples of different types of passive investments you can make, highlights the top three reasons why someone might consider passive income, and uses a scenario to demonstrate how generating passive income can be truly life-changing. Types of Passive Investments Passive investing doesn’t just apply to real estate. There are many different options for earning passive income: Owning a business without actively working in that business. Owning a rental property that is professionally managed by someone other than you. Purchasing a dividend-paying stock where you make the investment once and just sit back and collect the dividends. Investing in real estate as a limited partner. Publishing a book from which you receive royalties for years to come. Making an oil and gas investment and making profits off of oil production. Lending money to someone and charging interest. Having a whole life insurance policy that is paying an annual dividend to you. 3 Reasons to Consider Passive Income 1. Taxes Long-term capital gains, qualified dividends, real estate — these are tax-advantaged places to put your money. 2. Time Passive income allows you to do more of the things you love and less of the things you don’t. 3. Scalability It’s much easier to make more investments and keep adding to your portfolio than it is to keep adding time onto your plate and working more and more. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices