
The Best Ever CRE Show
4,240 episodes — Page 34 of 85
S1 Ep 2584JF2584: 3 Creative Ways to Find Motivated Sellers in Today’s Market with Dom Santaniello
After getting his real estate license, Dom Santaniello’s main goal was to make extra money on the side and help pay off his student loans. Since then, he’s dropped his corporate career and turned full-time real estate investor. Dom is sharing his insights for turning a side-hustle into a full-time business, 3 top tips for taking on private capital, and capturing motivated seller deals in 3 simple steps. Dom Santaniello Real Estate Background: Full time real estate investor 20+ Flips, 25+ Wholesale deals 20+ BRRR units - Average NET Profit per door is between $500 - $650/ month Based in Western Massachusetts Say hi to him at: https://www.naples-group.com/ Best Ever Book: Never Split the Difference Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2583JF2583: Finding Your Next Cash Flow Monster with Adam Craig
After starting a profitable online retail business right out of college, Adam Craig decided to get started in real estate investing with single family homes. Now, he says he may not buy another single family home again. Today, Adam is talking about buying in an “economic opportunity zone”, how the city is helping transform the area, and why he wouldn’t have found his next cash flowing monster of a property if he didn’t open his eyes to new asset classes. Adam Craig Real Estate Background: Actively involved in real investing for 9 years, including acquisition, rehab, leasing, and selling Since 2013 I have done 82 deals. About 20 flips and the rest rentals. Currently holds a portfolio valued at 7 million dollars with 51 doors which include 3 commercial buildings and the rest single family homes. Based in Cleveland, OH Say hi to him at: www.cleinvest.com Best Ever Book: How to Win Friends and Influence People Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2582JF2582: The #1 Way to Avoid Problem Tenants with Chad Guziewicz
When Chad Guziewicz dealt with a problem tenant that poured tar down the drains, he knew he had to screen his tenants better. This led him to create Rentify, a tenant screening platform using bank data to confirm income, rent history, and more. Chad is sharing with us how he used to vet tenants and how Rentify vets tenants for him now, how much push back he gets from tenants using the software, and how the pandemic is causing a rise in fraud. Chad Guziewicz Real Estate Background: Tech Entrepreneur and CEO of Rentify - a tenant screening platform using bank data to confirm income, rent payment history and more Former apartment complex owner Based in Belleville, Ontario, Canada Say hi to him at: www.trustrentify.com & https://bit.ly/3AR9pzE use promo code fairless for 25% off your first report package Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2581JF2581: Top 3 Tips for Any Partnership with Mark & Tamiel Kenney #SkillsetSunday
When Mark and Tamiel Kenney got married in their early 20s, becoming business partners wasn’t even on their radar. Today, they’re talking about the challenges they faced early on in their partnership, how they structure their business for highest efficiency, balancing work and family, and the importance of communication in a partnership and in marriage. Mark & Tamiel Kenny Real Estate Background: Full time apartment investor and coach 25+ years of real estate investing experience, 8 years with larger multifamily Current portfolio consists of 9000+ units and $550M Based in Dallas, TX Say hi to them at: www.thinkmultifamily.com Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2580JF2580: Why You Should Avoid Handshake Deals at All Costs with Kris Bennett #SituationSaturday
When Kris Bennett made a deal with a “mom and pop” self storage building, he had no idea the headache it would cause and the money he’d lose just to get out of it. Today, Kris tells us about the due diligence tasks and time period required for self storage units, the warning signs to look for before making a deal, and how he got out of this sticky situation. Kris Bennett Real Estate Background: One of two self-storage managing partners at PassiveInvesting.com 14 years of CRE investing experience Recently closed a 15k sf. self-storage facility and adding another 150 units, or 22,000 sf of climate-controlled units Under contract on 2 self-storage facilities in NC and CO totaling $18 million in price Based in Vacaville, CA Say hi to him at: PassiveInvesting.com Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2579JF2579: Note Investing Pitfalls to Avoid with Jay Tenenbaum
Former debt collection attorney, Jay Tenenbaum, spent most of his career in the legal field before he made his first investment. Now, his main focus is syndicating defaulted mortgage acquisitions. Jay talks about the pros and cons of investing in mortgage notes, the most common mistakes he sees by rookie investors, and how he uses his legal background to help educate his investors. Jay Tenenbaum Real Estate Background: Full time real estate investor and syndicator with 8 years of experience Main focus is syndicating defaulted mortgage acquisitions Just purchased 14 units in Pittsburgh for $200K, with a rehab budget of $700K, and an ARV value of $1.3M Based in Phoenix, AZ Say hi to him at: https://scottsdalerei.com/ Best Ever Book: Three Feet From Gold Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2578JF2578: Building Financial Independence | Actively Passive Investing Show 60
Growing up in a frugal household, Travis Watts had budgeting skills and values from a young age, and put them to use when he left for college. In today’s episode of the Actively Passive Investing Show, Travis shares his journey to financial independence. He talks about his start in real estate with house hacking, the pivotal moment that kickstarted his financial freedom, and the 4 key steps he took to get there. Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2577JF2577: Managing Property Managers 101 with Yosef Lee
Moving from South Korea at age 18, Yosef Lee always strived to prove himself in a new country. From working multiple part time jobs, to becoming a full time civil litigation lawyer, this father of 3 quickly learned to manage his time. Yosef is talking with us about where he invests his time and prioritization, how he maximized his investments during the pandemic, and his top 6 tips for managing your property managers. Yosef Lee Real Estate Background: Currently work as a W2 full time lawyer doing civil litigation. I become a multifamily investor at night and on weekends. In Feb or March of 2020, I joined multifamily mentorship group/Mastermind with a goal of closing my first multifamily deal in 2020. In December 2020, my first 44 Unit deal was closed. Current portfolio consists of 44 Unit (JV): Lead GP - Closed in December 2020, 68 Unit (Syndication): Lead Sponsor GP - Closed in March 2021, 63 Unit (Syndication): Co-sponsor GP - Closed in April 2021, 36 Unit (Syndication): Co-sponsor GP - Closed in May 2021 Based in New York, NY Say hi to him at: Syndicro.com and www.yosefhlee.com Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2576JF2576: Hard Lessons Learned After 5 Months & $50K with Venkat Avasarala
Former Tech Engineer, Venkat Avasarala, left it all to pursue real estate. After maxing out on single family homes, he moved on to his first syndication. Today, Venkat is talking with us about how he found investors for his first syndication even without a proven track record, why he decided to move on to development, and the main difference between cash flow investors and long-term investors. Venkat Avasarala Real Estate Background: Full time real estate developer and syndicator Experience with multifamily, ground up multifamily and retail development, and land development Portfolio consists of 3500 multifamily unit value add, 500 multifamily units under construction, and 1000 units in the pipeline Based in Dallas, TX Say hi to him at: www.strykerproperties.com Best Ever Book: How to Win Friends & Influence People Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2575JF2575: 500 Units and $50M in AUM with Vikram Brar
After growing up in a disciplined household in India, Vikram Brar moved to San Francisco and picked up the Tuscon, AZ market. He’s grown to over 500 units now, with over $50M in assets under management. Vikram is sharing his top 3 challenges of starting a fund, how he is continually raising capital, and how his capital income dictates the way he looks at future deals. Vikram and Princi Brar Real Estate Background: Vikram and Princi are Co-Founders of Waahe Capital Vikram leads acquisitions, investor relationships, and operations, while Princi focuses on true value creation through modern design, strategic sourcing, and cost-effective renovations Portfolio consists of 517 units and $51,773,000 assets under the management, and just acquired 8th multifamily property As a vertically-integrated organization, we are very actively involved with focuses including: Multifamily asset acquisition, property management (in-house), redevelopment (including in-house construction & design teams), and asset management Based in San Francisco, CA Say hi to him at: WaaheCapital.com Best Ever Book: Napoleon Hill Books Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2574JF2574: Best Practices for Out-of-State Management with Keke Williams
Full time investor, Keke Williams, grew up surrounded by real estate as her family did property restorations. Now, she’s involved in mobile home parks, multifamily, and even foreign opportunities. Keke is talking about what is was like moving from fix and flips and having full control into mobile home parks and being part of a syndication, best practices for out-of-state management, and the benefits of foreign opportunities. Keke Williams Real Estate Background: Full time real estate investor and licensed Colorado broker Equity Partner-GP side; LP Investor; Turnkey Farmland Owner (passive income stream); STR portfolio owner Fix/flipped 7 higher-end houses; 2 apartment buildings we directly owned; currently own & in various stages of forcing appreciation in 1,000+doors of large Multifamily syndication projects across 3 cities; LP investor stake in 3 agribusiness/farming private equity syndications; own couple hectares of coconut & lime farms in Latin America; 2 STR properties - 1 in FL & 1 in Mexico Based in Denver, CO Say hi to her at: https://www.globalinvestoralliance.com/ Best Ever Book: The Four Agreements Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2573JF2573: University Off-Campus Housing Investing with Frederick Pierce
Frederick Pierce got the commercial real estate bug while still in college. Now, he owns one of the largest student housing companies in America. Today, Frederick is telling us the criteria he looks for in universities, the types of requirements current-day students look for in their housing, how he finds financing for these multimillion dollar deals, and why he’s not developing multifamily housing in non-university settings. Frederick Pierce Real Estate Background: Founder, President, and CEO of Pierce Education Properties Actively involved full-time as an owner/operator in the student housing industry nationally Pierce Education Properties owns nearly 20 major Student Housing communities located in the Midwest, south and northeast sectors of the United States. He will begin construction of two sizable Student Housing Projects in San Diego in the 4th quarter of this year that will be adjacent to San Diego State University, his alma mater. Based in San Diego, CA Say hi to him at: www.pierceeducationproperties.com Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2572JF2572: 6 Key Benefits of Commercial Investing Post-Pandemic with Christina VanDergrift
After buying her first rehab rental property at the age of 22, Christina VanDergrift took her profits and turned them into a highly diversified portfolio. She now owns a variety of commercial properties, along with vacation rentals and single family investments. Today, we’re talking with Christina about the growing popularity of vacation rentals, why she loves adding office spaces to her portfolio, and the reasons comercial investing may bring in more guaranteed income in the current state of the market. Christina VanDergrift Real Estate Background: Full time Broker/Owner of two real estate brokerages - One that handles real estate sales/leasing in PA & NY and another that does vacation rental management in PA. Owns a variety of commercial properties that both house our own businesses and some that are leased by others. We currently manage all of our properties, but one. Personally owns a variety of commercial properties, from a car wash to real estate offices and professional offices, we have a growing number of vacation rental properties across the country, a couple hundred acres of land with oil, gas and mineral rights, single family rentals, multifamily rentals, etc. Based in Wellsboro, PA Say hi to her at: christina-vandergrift.com Best Ever Book: The Infinite Game Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2571JF2571: How Does the Single Family Housing Market Impact Multifamily Apartments | Actively Passive Investing Show 59
In today’s episode of the Actively Passive Investing Show, Travis discusses the importance of the outperforming single family and multifamily asset classes. He breaks down why each is becoming extremely competitive, and what that means for someone entering the market. Travis is also talking about our current affordability crisis, and his predictions moving forward. Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2570JF2570: What to Know Before Entering Into a JV Equity Partnership with Jake Clopton
After working in future trading for 5 years, Jake Cloption traded in his long hours and started his own company, Clopton Capital. Clopton Capital is an intermediary for financing for all asset types. Today, Jake is talking with us about finding a hidden market gem to almost double his investment, where to look for incentives to save thousands on improvements, and the breakdown of joint venture equity partnerships. Jake Clopton Real Estate Background: Founder of Clopton Capital Actively involved as an apartment owner and financier Portfolio consists of 3 buildings, 38 units, however approximately $200M in financing a year Based in Chicago, IL Say hi to him at: www.cloptoncapital.com Best Ever Book: Rich Dad Poor Dad Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2569JF2569: The Secret Sauce to Raising Capital with Timothy Lyons
NYC firefighter, Timothy Lyons, thought he was living the W2 dream until he realized he just wasn’t financially educated. Once he decided on multifamily investing, he jumped in head first. Tim is talking about how he got into investing at the beginning of Covid, how he became a capital raising expert, deal sourcing, and if he believes it’s more important to have the deal first, or the capital. Timothy Lyons Real Estate Background: Principal and Managing Partner of Cityside Capital Lieutenant in the New York City Fire Department (FDNY) who quickly went from 3 units to 721 units worth >$100M in 18 months Cityside Capital has $45 million of assets under management including 335 multifamily units Limited partner in 256 multifamily units in Texas and in a large retail super center in Tennessee $148,050,000 in assets under management as co-GP’s with 931 doors and currently working on a $76M, 400 unit asset as well Based in Mineola, NY Say hi to him at: https://citysidecap.com/ Best Ever Book: Why Doctors Don’t Get Rich Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2568JF2568: Preparing Assets for the Next Recession with Tate Siemer
Former ski photographer, Tate Siemer, moved to Utah and got his start in real estate with single family homes. He wanted to scale faster but was unsure of how to find his next venture, until a 12-unit apartment fell into his lap. Now, he’s reached the point where he’s more established and it’s much easier to find capital. Today, Tate is talking about his specific guidelines for future investments, and why he’s not concerned about capitalization rates and increased asset prices moving forward. Tate Siemer Real Estate Background: Full time syndicator/operator 16 years of real estate investing experience Owns 302 units assets under management, 252 units under contract Flipped over 40 SFR’s, 6 land entitlement deals, 2 development projects and 6 large scale apartment projects Based in Salt Lake City, UT Say hi to him at: www.investwithgreenlight.com Best Ever Book: The Man Uncivilized Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2567JF2567: Balancing Career and a Competitive Investment Portfolio with Keith Meyer
Biotech Supply Chain Engineer, Keith Meyer, currently also juggles multifamily investments and mobile home park acquisitions. When he became an accidental landlord and stumbled upon mobile home parks, he knew he wanted to scale quicker. Keith tells us how he won the mobile home park deal, how to package an offer, and the specifics you need to know to be competitive. Keith Meyer Real Estate Background: Biotech Supply Chain Sales Engineer 10 years of real estate investing experience Principal in Symphony Capital Group, and multifamily syndicator Bought and sold 2 mobile homes parks within the past 15 months, totaling nearly 150 pads, and just sold a retail shopping center Based in San Diego, CA Say hi to him at: www.symphonycapitalgroup.com Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2566JF2566: Scaling to an 8-Figure Portfolio Using Government Programs with Jhanel Wilson
When Jhanel Wilson was forced to make a decision and leave her full time job in 2012, she became a full time investor. She then turned $100K into $72K in cash flow and $2M in assets. Today, we’re talking with Jhanel about her work in Section 8. She is diving into hacking the Section 8 algorithm, the benefits of investing in Section 8, and the key to choosing tenants in that market. Jhanel Wilson Real Estate Background: Founder and CEO of The Savvy REI 17 years of real estate investing experience First investment was a distressed property on the verge of being demolished. After pulling all her resources, Jhanel successfully completed the project and started cashflowing immediately after seeing the power of real estate. Portfolio consists of 40+ proprietors and 100+ units Her ebook: Invest in Real Estate with No Money Down, Using High Limit Credit Cards Based in Philadelphia , PA Say hi to her at: http://jhanelwilson.com/ Best Ever Book: Dare to Lead Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2565JF2565: 5 Ways to Unlock Value in New Developments with Joshua Benaim
Former Wall Streeter, Joshua Benaim, is constantly working to marry a value investment approach and apply it to real estate investing. He’s currently working on a Miami Beach investment, with sales projecting at $850 per net sellable foot. Joshua tells us why he was confident he’d be successful in an insecure market at the time, the key item he looks for in developments, and the top 5 ways he finds value in new developments and new builds. Joshua Benaim Real Estate Background: Full time real estate investor 20+ years real estate investing experience Acquired, renovated or developed over 2,000 units of multifamily with a specialty in special situations and finding value opportunities Based in New York, NY Say hi to him at: https://www.realestatealovestory.com/ Best Ever Book: The Immortality Key Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2564JF2564: Do Class C Properties Really Cashflow Better Than Class A? | Actively Passive Investing Show 58
In today’s episode of the Actively Passive Investing Show, Travis compares Class C vs. Class A properties. We talk about the 3 factors that determine the property class, average cash flow percentages in different classes, how to set a CapEx budget, and risk mitigation in new vs. older properties. Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2563JF2563: Current Economic Health of Our Country with Mitchell Rosen
Investor, Senior Director, and Head of Real Estate, Mitchell Rosen, talks with us today about the economic health of our country and the benefits of partnering with Yieldstreet. Yieldstreet is an online digital wealth platform that provides investors commercial real estate resources to those who may not have access to them. We’re talking with Mitch about their ideal investor, which assets they’re currently searching for (and which ones they’re not), and future events could possibly disrupt the market. Mitchell Rosen Real Estate Background: Senior Director, Head of Real Estate at YieldStreet 20+ years of CRE investing experience $465M in investments to date Based in New York, NY Say hi to him at: https://www.yieldstreet.com/ Best Ever Book: Den of Thieves Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2562JF2562: $7M in Less Than 2 Years with Jerome Maldonado
After running a business out of his house and noticing he wasn’t the most popular neighbor on the block, Jerome Maldonado decided to take the leap into retail buildings. Now, he’s done over 400 transactions with this being his biggest acquisition year to date. We’re talking with Jerome about his strategy for finding tenants, which asset class gives him the best returns, and the top 3 indicators that it may be time to start syndicating. Jerome Maldonado Real Estate Background: Full time commercial real estate investor 20+ years of CREI experience Completed over 400 RE transactions between buy and hold, development, flip, and more Based in Albuquerque, NM Say hi to him at: https://jeromemaldonado.com/ Best Ever Book: Rhino Success Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2561JF2561: 7 Key Benefits of Commercial Over Residential with Dan Haberkost
At 16 years old, Dan Haberkost was already managing a portfolio of rental properties for an investor. What did it teach him? That he didn’t want to buy and how not to manage tenants. Fast forward to today, Dan tells us his biggest takeaway from that experience, how he became an expert in land acquisition, and why his next investment will be commercial real estate. Dan Haberkost Real Estate Background: Full time real estate developer and investor 50+ land flips, 10+ infill development projects, and rentals Based in Colorado Springs, CO Say hi to him at: https://danhaberkost.com/ Best Ever Book: The Most Important Thing Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2560JF2560: Reliable Passive Income vs. Appreciation with Joe DiSanto
Former owner of post-production companies, Joe DiSanto, switched over to real estate investing and is now semi-retired in his 40s. Joe is talking about the pitfalls of renovating a commercial space, why it’s still one of the best investments he’s ever made, and his recommendations for when to choose riskier investments vs. when to play it safe. Joe DiSanto Real Estate Background: Currently work PT as a fractional CFO for 6 companies and 1 family office Portfolio consists of 11 residential rentals, 2 commercial buildings, and 1 piece of raw land. I have also done 6 major renovations, two of which were complete development/change-of-use projects Based in Florida Say hi to him at: https://www.playlouder.com/ Best Ever Book: The Lost Science of Compound Interest Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2559JF2559: Finding Qualified Leads with Turnkey Marketing with Bryan Driscoll
With a background in digital marketing, Bryan Driscoll is currently generating thousands of motivated seller leads, while still finding time to invest in the market himself. We’re talking to Bryan today about the difference in marketing for residential vs. commercial, when it’s okay to be direct, and how to choose the right platform for less competition. Bryan Driscoll Real Estate Background: Co-Founder of Motivated Leads - https://motivated-leads.com/ 5 years of real estate investing experience Bryan and his Co-Founder Chad Keller are currently generating 1000’s of motivated seller leads for investors nationwide, still making time to invest in single-family homes themselves Based in Pittsburgh, PA Say hi to him at: https://motivated-leads.com/our-deals/ Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2558JF2558: 4 Challenges of Today’s Market with Spencer Gray
Indianapolis investor, Spencer Gray, is telling us all about his multifamily ventures as well as his experience as a GP and an LP. Spencer talks about why he chose multifamily over other asset classes, the recent challenges he’s faced in today’s market, and finding the right balance between being aggressive vs. overly aggressive to ensure you’re participating in the market without overpaying. Spencer Gray Real Estate Background: CEO of Gray Capital and full time real estate syndicator/investor 16 years of RE investing experience Primarily focused on 150+ unit stabilized multifamily in the Midwest with Indianapolis being most active market Invests in industrial and medical office CRE as an LP as well as multifamily as an LP with other operators Portfolio consists of about 5,000 multifamily units as a GP with control, 4,000 units as an LP, 12 medical office buildings, and 2 ground up industrial developments as an LP Based in Indianapolis, IN Say hi to him at: https://www.GrayCapitalLLC.com Best Ever Book: Hands Off Investor Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2557JF2557: Being a Passive Investor in Apartment Syndications | Actively Passive Investing Show 57
In today’s episode of the Actively Passive Investing Show, Travis dives into passive investing and the difference between preferred returns and cash on cash returns. He walks us through this commonly asked question, gives examples of preferred and cash on cash returns, and tells us what terms we need to be clear on with the operators of these deals before investing. Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2556JF2556: 3 Key Indicators of Emerging Markets with David Lindahl
When David Lindahl realized there were other people just like him doing well with real estate investing, he knew he wanted in. After years in the industry, he’s focused on multifamily, office, retail, and hotels in emerging markets. David gives us a detailed overview of emerging markets, how he finds his next deal, and what qualifications he’s looking for before investing. David Lindahl Real Estate Background: Founder of RE Mentor, the #1 multifamily real estate education company, and the Lindahl Group, a real estate acquisition company where we invest in multifamily, office, retail and hotel properties Investing in real estate since 1996 and teaching since 2002 Has owned and syndicated several apartment deals, self storage, retail, office, etc. Portfolio consists of over 9000 units in various entities Based in Boston, MA Say hi to him at: www.rementor.com Best Ever Book: Becoming Supernatural Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2555JF2555: Half a Million by 25 with Dave Allred
When Dave Allred started knocking door to door for a home security company, he thought he made it big. A short year later, he was making 6 figures and working to make his active investments, passive. Dave tells us how his pursuit of freedom has driven each one of his investments, how getting clear on his long-term goals helped him attain and maintain financial freedom, and how to reduce limiting belief systems to go after big goals. Dave Allred Real Estate Background: Managing Partner for the Axia Partners real estate fund & Executive Coach for high growth sales companies 17 years of real estate investing experience Over a dozen personal syndications, invested in a dozen other syndications Portfolio consists of over 1,000 rental doors, 5 restaurants, 6 self storage properties, 10 private equity, 21 fourplexes, 20 hard money loans for flips, Utah Topgolf location, and invested in about 20 other syndications Based in Provo, UT Say hi to him at: axiapartners.com Best Ever Book: Extreme Ownership Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2554JF2554: Recession Resistant Assets with Ted Greene
From RV parks to mobile home parks and self storage, today we’re talking with Ted Greene about recession resistant asset classes. Ted tells us about the in-depth back end process for getting parks up and running, how he’s finding and acquiring self storage deals in a hot market, and why he might not invest in one of these assets again. Ted Greene Real Estate Background: Blogs (3/23, 4/11, 4/26, 6/25) Investor Relations manager at Spartan Investment Group 20+ years of real estate experience Portfolio consist of 14 properties, 10 of which have gone full circle Based in Golden, CO Say hi to him at: https://spartan-investors.com/ Best Ever Book: Peak Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2553JF2553: Scaling Assisted Living with Wade Micoley #SkillsetSunday
When a hometown friend asked Wade Micoley to invest in a multimillion dollar nursing home, he agreed without hesitation. On today’s #SkillsetSunday, we’re talking with Wade about how he got his start in the assisted living sector. We dive into the research and planning he did to make his first venture a huge success, and how he did it again 3 more times in different locations. Wade Micoley Real Estate Background: 30+ years of experience as a broker and top agent Owns several nursing homes, a residential construction company, and helped start a very large regional bank Based in Green Bay, WI Say hi to him at: www.realtyhive.com Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2552JF2552: Top 3 Investor Underwriting Tips with Denis Shapiro
While investing in traditional assets, Denis Shapiro failed to create meaningful income. Instead he merged traditional investments with real estate investments to cultivate the portfolio he has today. Denis lays out the research he does before investing in any deal, circumstances where a preferred return may not be a priority, and some major negatives of ATM funds. Denis Shapiro Real Estate Background: Full time fund manager 9 years of real estate investing experience Portfolio consists of rentals, large traditional equity position, private lending, ATM funds, Note funds, 10 residential syndications including Ashcroft deals Based in Freehold, NJ Say hi to him at: www.sihcapitalgroup.com SEC article Denis discussed during the conversation: https://www.nasaa.org/8133/top-10-investment-scams-list-released-by-state-securities-regulators/ Best Ever Book: Alternative Investment Almanac Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2551JF2551: Mobile Home Millionaire with Mike Anderson
After stumbling into real estate at age 25, Mike Anderson realized how quickly he could scale his business. Since then he’s worked on apartments and new builds, with a current focus on land developments and mobile home parks. Today, Mike tells us how he reached 98% occupancy within a year of opening, how the mobile home market is changing, and why he would choose mobile homes over tiny homes. Mike Anderson Real Estate Background: Founded Reliance Mortgage Company, Inc. Received Century 21 Top Listing Sales Person in a three-state region from 1971-1981 Named 1995 Entrepreneur of the Year by INC. Magazine & listed in the Who’s Who American Businessmen of 2000 Portfolio consists of numerous multimillion dollar build jobs, RV park owner, over 2000 acres of land, and affordable housing Based in Dallas, TX Say hi to him at: https://www.reliancemortgage.com/ Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2550JF2550: 6 Post-Pandemic Multifamily Strategies | Actively Passive Investing Show 56
In today’s episode of the Actively Passive Investing Show, Travis Watts details how investment firms and investors are approaching multifamily post-pandemic, and strategies that are going to stick around from now on. He talks about how multifamily held up during the pandemic, how millennial lifestyles are affecting the future of multifamily, and moves investors should be making to prepare for the next recession. Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2549JF2549: Scaling Vacation Rentals with Kirby Atwell
After realizing flipping properties wasn’t the way to financial freedom, Kirby Atwell switched gears to vacation rentals. Now, his rentals are single handedly paying for his 45-acre farm lifestyle. Today Kirby is breaking down how his 1 bedroom rental almost paid for itself in just 3 months, how to identify a good rental property, and where to start if you’re looking to make the switch. Kirby Atwell Real Estate Background: Recently left role as the CFO of a national non-profit to go back to investing in real estate full time, with a focus on vacation rentals I recently sold an 11 unit apartment building that I purchased, fully rehabbed and stabilized Portfolio consists of 80 flips since 2011, purchased about 28 long-term rental units (mostly single-family homes) that were recently sold off to focus on short-term rentals Currently owns 10 AirBnB listings, one long-term rental, one passive investment in a 250 unit apartment, and the 45-acre farm experiential short-term rental Based in Valparaiso, IN Say hi to him at: www.LivingOffRentals.com Best Ever Book: Effortless Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2548JF2548: 1600 Flips to 1500 Doors with Shawn and Joni Wolfswinkel
Shawn and Joni Wolfswinkel started their real estate investing journey back in college, taking classes by day and handling investments by night. After working together for 21 years, and going through several investing highs and lows, the Wolfswinkels are sharing their best advice and lessons learned. We’re talking about managing 1500 doors, winning at pre-foreclosure investing, and moving from wholesaling and fix-and-flips to build-to-rent properties. Shawn and Joni Wolfswinkel Real Estate Background: 20+ years real estate investing experience Portfolio consists of 50+ rentals, commercial building, and self storage as well as over 1600 flips. Based in Houston, TX & Albuquerque, NM Say hi to him at: Texasturnkeyproperties.com Best Ever Book: Never Lose a Customer Again & Simple Numbers 2.0 Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2547JF2547: How He Acquired an Off-Market 7-Unit with Daniel Sarao
Working exclusively with off-market deals isn’t always easy, but if you ask Daniel Sarao, it’s always worth it. Today, Daniel tells us all about his recent off-market deal from his marketing, to how he acquired it, how he made it worth it for the seller, and why he decided to sell it shortly after. Daniel Sarao Real Estate Background: Co-Owner and Managing Partner of our investment firm Sesa Properties Owner of a boutique marketing agency in FL Have Been investing for about 10 years Currently owns a handful of properties and has wholesaled and/or flipped 20+ properties in the last 12 months alone Based in Cape Coral, FL and company is based in Cleveland, OH Say hi to him at: Sesabuyshouses.com & digitalmacaw.com Best Ever Book: Profit First Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2546JF2546: An In-Depth Guide to Assisted Living Investments with Wade Micoley #SkillsetSunday
On today’s Skillset Sunday, we’re talking with Wade Micoley all about assisted living and medical care facilities. Wade owns several nursing homes and has plenty of experience in each step of the process. He tells us about scalability, the specifics on staffing and the daily management of the facility, and the criteria you need to meet to get approval. Wade Micoley Real Estate Background: 30+ years of experience as a broker and top agent Owns several nursing homes, a residential construction company, and helped start a very large regional bank Based in Green Bay, WI Say hi to him at: www.realtyhive.com Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2545JF2545: 90% Occupancy in 60 Days with Kris Bennett
Today we’re talking with Kris Bennett about the beginner’s guide to self storage investing. He talks about how he took his first acquisition from 70% to 90% occupancy in 60 days in one easy step, how to be as hands off as possible in your investments, how he finds his deals even in a saturated market, and what specific metrics to look for to know you’re getting a good deal. Kris Bennett Real Estate Background: One of two self-storage managing partners at PassiveInvesting.com 14 years of CRE investing experience Recently closed a 15k sf. self-storage facility and adding another 150 units, or 22,000 sf of climate-controlled units Under contract on 2 self-storage facilities in NC and CO totaling $18 million in price Based in Vacaville, CA Say hi to him at: PassiveInvesting.com Best Ever Book: Principles Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2544JF2544: 5 Insights for Choosing Your Next Market with Jonathan Farber
Aspiring professional golfer, Jonathan Farber, actively seeks out opportunities to work less and make more. He got his first taste of financial freedom through rentals and by knowing exactly where to buy them. Today, Jonathan walks us through his in-depth process for finding his next market to ensure he yields the best returns, and how you can do the same for your next investment. Jonathan Farber Real Estate Background: Full-time real estate investor, podcast host, podcast course creator, real estate mastermind coach 7 years of real estate investing experience Portfolio consists of 4 buy and hold units, 5 short term rental properties, 2 flips, 3 house hacks, 4 wholesales, and 1 wholetail All real estate investments are completely passive Based in Plainview, NY Say hi to him at: https://jonfarber.co/ Best Ever Book: Best Ever Apartment Syndication Guide & Rocket Fuel Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2543JF2543: Are We in a Real Estate Bubble? | Actively Passive Investing Show 55
In today’s episode of the Actively Passive Investing Show, Travis Watts gives us an updated overview of the real estate market in Q3. He takes into account our recent federal spending, inflation rates, and the price of real estate in 2021 and shares price appreciation and predicted rent increases. Tune in for more information on whether it’s a good time to enter the real estate market. Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2542JF2542: What You Need to Know Before Becoming a GP with Brian Noel
After losing everything in 2000, Brian Noel realized he could make more money with real estate than his full time job, and he decided to start investing in cash flow properties. Today, he talks about the biggest challenges he faced as a GP, lessons learned from working with co-sponsors and investors, and how to keep investors from pulling out funds unexpectedly. Brain Noel Real Estate Background: 40+ years of real estate investing experience LP/KP/GP in 12 buildings for over 3,000 doors Flipped over 30 properties Based in Denver, CO Say hi to him at: www.ascotequitypartners.com Best Ever Book: The One Thing Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2541JF2541: 3 Main Hurdles of Passive Investing Funds with Lisa Hylton
Although she came into real estate with an accounting background, Lisa Hylton’s first investment actually lost money. She decided to invest in education instead, and that’s when she was introduced to syndicating. Today, she’s talking about industrial vs. multifamily, what qualifications she looks for in an operator, and doing her due diligence before joining a syndication. Lisa Hylton Real Estate Background: Full-time real estate investor 10 years real estate investing experience Passively invested in 5 deals to date GP of a fund that invested in 250 units in Atlanta in 2019 Portfolio includes 2 multifamily investments of approximately 500 doors, 2 multifamily investments that are currently going full cycle of 600 units and 250 units, and 1 industrial asset Based in Los Angeles, CA Say hi to her at: www.lisahylton.com Best Ever Book: The Hands Off Investor Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2540JF2540: 6 Questions to Ensure You Have Best Team the with Joe Evangelisti
Growing up in construction and then doing over 1,000 fix and flips, Joe Evangelisti ultimately shifted to self storage development. Today, he’s talking about lessons learned in his first deal, converting a senior care facility to self storage. Joe shares in detail about why it took 12 months longer than projected, what he did differently in future developments, and his current process for vetting his team to ensure his timeline goes according to plan. Joe Evangelisti Real Estate Background: CEO of 3 different companies. Legacy Developers (Self Storage Development), Mammoth Conversions (Digital Marketing), and Hero Home Buyers (Wholesale) Has been investing in real estate for 15+ years, actively and passively Focusing more on self storage development with multiple Class A facilities breaking ground within the next few months Based in Haddonfield, NJ Say hi to him at: elevatewithjoe.com Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2539JF2539: 100% Returns in 35 Months with Jimmy Edwards #SkillsetSunday
Jimmy Edwards just closed his first full cycle deal in his college town, giving 100% returns in just 35 months. Today we’re getting down to the numbers and learning his exact step-by-step process for successful rehabbing and rebranding. Jimmy shares what he told investors when he found out how poor conditions actually were, 6 key things he did to let the community know there’s new ownership, and how he knew it was time to sell. Jimmy Edwards Real Estate Background: Previous episode: JF1421 Just closed on first full cycle deal - 2x multiple in 35 months, purchased at 50% occupancy, decreased to 38% occupancy, sold at 92% Full time multifamily investor Invested in 570 units Purchased, rehabbed, and successfully sold over 100 SFRs Based in Dallas, TX Say hi to him at: www.HighFiveMultifamily.com Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2538JF2538: Raising $4M in 12 Days with Chad Sutton #SituationSaturday
At the start of the pandemic, Chad Sutton was on his way to closing a deal....until the lender backed out 12 days before closing due to projected economic changes. Now, Chad’s left with raising $4M before time runs out. He tells us his first three calls he made after finding out the news, the first fire he put out, and how he made it happen against all odds. Chad Sutton Real Estate Background: Previous episode: JF2372 Full time real estate investing, formerly Aerospace/Mechanical Engineer and then Global Sourcing Leader 2 years experience 600+ units multifamily and growing Based in Nashville, TN Say hi to him at: www.thequattroway.com Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2537JF2537: Why to NOT Invest in Self Storage with Jacob Vanderslice
After fixing and flipping nearly 1200 single family homes, Jacob Vanderslice and his 2 partners focused most of their funds into self storage investing. Now, their portfolio consists of $195M in real estate assets. Tune in to find out why they chose self storage over other real estate, 4 ways to know if you’re getting a good deal, and why you may reconsider investing in self storage. Jacob Vanderslice Real Estate Background: Principal at VanWest Partners VanWest focuses on acquisition and management of self-storage centers Portfolio consist of $195 million in real estate assets Based in Denver, CO Say hi to him at: www.vanwestpartners.com Best Ever Book: The Kingdom of Ice Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2536JF2536: Should You Rethink Saving for Retirement? | Actively Passive Investing Show 54
In today’s episode of the Actively Passive Investing Show, Travis Watts analyzes Daniel Ameduri’s book, Don’t Save For Retirement. Travis pulls out and discusses some key points from the book like why traditional methods of retirement aren’t actually designed to benefit us, redistributing retirement funds, and how to do as the millionaires do. Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2535JF2535: 3 Steps to Continuously Get Deals from Brokers with Samson Jagoras
When everyone was running from the industry after the housing crisis, Samson Jagoras stuck it out. Although he questioned how far real estate could go, he decided to dive into multifamily for scaling potential. Samson tells us his best tips for creating and maintaining relationships with brokers, how to ensure they keep bringing you deals, and his biggest lesson learned from working with investors. Samson Jagoras Real Estate Background: Commercial Real Estate Broker / VP of Strategic Investments for RE/MAX Commercial Alliance Founder of Growth Vue Properties & Passive Power Group Current portfolio consists of $3MM+ assets under management including small multifamily, single family, and industrial 10+ years of commercial real estate experience Based in Windsor, CO Say hi to him at www.samsonjagoras.com Best Ever Book: Extreme Ownership Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices