
The Best Ever CRE Show
4,263 episodes — Page 34 of 86
S1 Ep 2608JF2608: Lessons Learned from $25M to $250M AUM in 2 Years with Brian Adams #SituationSaturday
When Brian Adams went from $25M assets under management to $250M in 2 years, his biggest challenge was managing that growth. What fell through the cracks was his investor experience, and he ended up with some not-so-happy investors. Today, Brian is sharing his biggest mistake with his investor communication and his business model, what his investor journey looks like now, and what you should be doing today to scale efficiently. Brian Adams Real Estate Background: Full-time in commercial real estate 11 years of experience Portfolio consist of 2.7M square feet; $400M gross asset value; 14 markets Based in Nashville, TN Say hi to him at: www.excelsiorgp.com Click here to know more about our sponsors: ThinkMultifamily.com/coaching | Rentify | Deal Maker Mentoring Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2607JF2607: From the Music Industry to Multifamily with Rich Frierson
With a background in music producing, Rich Frierson decided to go into real estate when he saw the profits he was capable of earning. Now, he’s the go-to for many others in the music industry. Rich is discussing how he balances his relationships with lenders and owners alike, how he is able to buy these properties on short sales, and his expectations for what the multifamily market might bring in 2022. Richard Frierson Real Estate Background: Full time career as a music publisher Currently focused on multifamily units in the Bronx and Mt. Vernon areas of New York Current properties acquired through short sales and negotiated for 65% of ARV Developed a screening process to deliver consistently good tenants Based in Washington, DC Say hi to him at: https://www.10flipcommandments.com Best Ever Book: Oversubscribed Click here to know more about our sponsors: ThinkMultifamily.com/coaching | Rentify | Deal Maker Mentoring Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2606JF2606: Implications of Investing in Stocks vs. Real Estate| Actively Passive Investing Show 64
In today’s episode of the Actively Passive Investing Show, Travis discusses why it’s so important to find a CPA that specializes in what you do, implications of investing in the stock market vs. real estate, why he believes depreciation is the key to all tax deductions, and the benefits of being a real estate professional. Click here to know more about our sponsors: ThinkMultifamily.com/coaching | Rentify | Deal Maker Mentoring Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2605JF2605: The Impact of Inflation on Multifamily, Investors, and Other Assets with Travis Watts
Travis Watts is joining us today to discuss inflation and how Covid has affected the market. Travis is talking about what might significantly impact real estate markets in the near future, how to mitigate fixed renewal rates for non-residential properties, and 3 ways real estate investors can make money in this climate. Click here to know more about our sponsors: ThinkMultifamily.com/coaching | Rentify | Deal Maker Mentoring Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2604JF2604: The 4 Steps to Syndication with Bastian Kneuse
Born and raised in Germany, Bastian Kneuse played professional basketball and worked in finance before pursuing multifamily properties. He now works a full time job, and still makes just as much time to work on his real estate career. Today, Bastian is talking about passively investing while also working on his own syndications, 4 steps to syndicating deals, and his innovative idea for adding value to his tenants as well as the community. Bastian Kneuse Real Estate Background: W2 job in finance for a bank, but spends just as much, if not more, time on real estate Currently passively invested in 3 multifamily deals in Houston, Phoenix, and Oklahoma equaling about 350 doors Based in San Francisco, CA Say hi to him at: https://www.linkedin.com/in/bkneuse/ Best Ever Book: The Hands-Off Investor Click here to know more about our sponsors: ThinkMultifamily.com/coaching | Rentify | Deal Maker Mentoring Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2603JF2603: Finding Partners & Creating a Team with Stony Stonebraker
Although Stony Stonebraker wasn’t able to invest in real estate until after retirement, he went all in and is now a GP. Today, Stony is talking about his experience finding partners and creating a solid team, his due diligence process, and his main hesitation when looking at different asset classes. Stony Stonebraker Real Estate Background: Started his career with NASA in the Apollo space program Currently full time commercial real estate investor Invested in over 1,000 multifamily units in Florida and Texas Based in Miami, FL Say hi to him at: PassivoREI.com Best Ever Book: Passive Investing Made Simple Click here to know more about our sponsors: ThinkMultifamily.com/coaching | Rentify | Deal Maker Mentoring Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2601JF2601: Becoming a Full Time Passive Investor with Travis Watts
Growing up with a frugal upbringing, Travis Watts knew how to be careful with his money and live within his means. Now, he’s a full time passive investor and helps other busy professionals do the same. Today, Travis is sharing his best advice for investors that may not have the capital for big investments yet, resources for the new investor, and how he deals with skepticism in the industry. Travis Watts Real Estate Background: Director of Investor Relations for Ashcroft Capital Full time LP investor Say hi to him at: https://ashcroftcapital.com/travis/ Best Ever Book: Green Lights Click here to know more about our sponsors: ThinkMultifamily.com/coaching | Rentify | Deal Maker Mentoring Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2600JF2600: The Financial Advisor's Guide to Passive Investing with Jim Pfeifer
Jim Pfeifer spent most of his professional career as an educator before becoming a full time passive investor. Now, he helps educate others on how to do the same. Jim is sharing his 4-step sponsor screening process, today’s hottest asset class, and red flags you may not recognize at first glance. Jim Pfeifer Real Estate Background: Full time, passive commercial investor Currently invested in over 60 passive investments Founder of a Community that educates people about passive syndication investing and offers networking with other like minded people Based in Columbus, OH Say hi to him at: www.leftfieldinvestors.com Best Ever Book: The Hands-Off Investor Click here to know more about our sponsors: ThinkMultifamily.com/coaching | Rentify | Deal Maker Mentoring Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2599JF2599: Self-Directed IRA vs. eQRP Investing | Actively Passive Investing Show 63
In today’s episode of the Actively Passive Investing Show, Travis discusses the differences between self-directed IRA investing and eQRP plans with Damion Lupo. They’re explaining why you may consider paying for this service instead of a “free” account with a major brokerage firm, and how they’re squashing skepticism on these new plans. Click here to know more about our sponsors: ThinkMultifamily.com/coaching | Rentify | Deal Maker Mentoring Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2598JF2598: Top 3 Characteristics of a Quality GP with Lennon Lee
When Lennon Lee moved from Venezuela in 2010, he knew he wanted to search for passive investment opportunities to provide for his family. Today, Lennon is diving into the difference between being an LP vs. a GP in a deal, the role of the GP with investor communications, and the importance of capital raising through partnership building. Lennon Lee Real Estate Background: Invested his family’s life savings into real estate to build a solid future for his parents and siblings Involved as both an LP and GP in the acquisition of over 2000 multifamily units, with an approximate market value of $200M Based in Miami, FL Say hi to him at: bldcapitalgroup.com Click here to know more about our sponsors: ThinkMultifamily.com/coaching | Rentify | Deal Maker Mentoring Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2597JF2597: Single Tenant Net Lease Opportunities with Randy Blankstein
After finding out about the high demand for industrial, single tenant net lease opportunities, Randy Blankstein decided to take advantage of that at the young age of 26. Now, 30 years later, he’s been continually active in this niche. Today, Randy is sharing his fundamental criteria for properties, common misconceptions of triple net leases, and what specific type of real estate to buy for best returns. Randy Blankstein Real Estate Background: Senior commercial real estate executive with over 30 years of experience focused on advisory services in the single tenant net lease sector Owner of commercial real estate investment brokerage firm JV equity partner in 1 retail property, 1 flex property and 12 industrial properties Based in Wilmette, IL Say hi to him at: https://www.bouldergroup.com/ Click here to know more about our sponsors: ThinkMultifamily.com/coaching | Rentify | Deal Maker Mentoring Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2596JF2596: Becoming a GP in Your First Syndication with Hendra Tambunan
Although Hendra Tambunan has been in real estate investing for 15 years, he officially made the switch into multifamily 2 years ago for higher income potential. Today, Hendra is talking about how he became a general partner in his first syndication, what value he brought to the table to earn that title, and why he’s looking to diversify his asset classes even further into commercial properties. Bonus: hear Ash’s top tips for anyone entering the commercial market. Hendra Tambunan Real Estate Background: Full time Technology CRM Consultant Syndicator, LP and owner in multifamily units and Short Term Rentals Has ownership interest over 1000 units of multifamily Based in Hayward, CA Say hi to him at: www.ideaboxcapital.com Best Ever Book: The Go Giver Click here to know more about our sponsors: ThinkMultifamily.com/coaching | Rentify | Deal Maker Mentoring Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2595JF2595: Top 7 Benefits of a Solo 401K with Dmitriy Fomichenko #SkillsetSunday
After buying his first property 20 years ago and working full time for a real estate investing firm, Dmitriy Fomichenko started Sense Financial to help people gain control of their retirement savings. Today, Dmitriy is telling us about the Solo 401K for small business owners, how his business dramatically shifted when he introduced them, and why he thinks they’re a no-brainer when compared to traditional retirement savings strategies. Dmitriy Fomichenko Real Estate Background: Founder and president of Sense Financial, a boutique financial firm specializing in self-directed retirement accounts with checkbook control Passive investor, owns interest in multiple MF & self-storage syndications, a private lender and is a licensed California Real Estate Broker. Based in Orange County, CA Say hi to him at: SenseFinancial.com Click here to know more about our sponsors: ThinkMultifamily.com/coaching | Rentify | Deal Maker Mentoring Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2594JF2594: Streamlining Your Tenant Screening Process in 1 Step with Ryan Barone #SituationSaturday
When Ryan Barone started college, he never knew how complicated the process would be to rent an apartment. This led him to creating an app for tenants to simplify the process for their renters. His college passion project eventually became RentRedi. Ryan is sharing why landlords love using this software, how it streamlines each step of the renting process, and added benefits it provides renters as well. Ryan Barone Real Estate Background: Co-Founder, CEO, and CTO of RentRedi – modern, end-to-end landlord software that streamlines self-management of rental properties to make financial freedom attainable for landlords and renting a truly amazing experience for tenants Before launching RentRedi, he worked at Goldman Sachs and PricewaterhouseCoopers (PwC) Based in New York, NY Say hi to him at: https://rentredi.com/ Click here to know more about our sponsors: ThinkMultifamily.com/coaching | Rentify | Deal Maker Mentoring Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2593JF2593: Converting Single-Family to Multifamily with Derek Clifford
Former Project Manager, Derek Clifford, used his multifamily incomes to retire from his W2 position just this year. Keeping his life vision in mind, he’s currently working with his wife to acquire deals in Indianapolis. Derek is sharing with us his top 3 goals as a result of his investments, why he chose to focus on small multifamily in the Midwest, and his most creative approach to reaching investors. Derek Clifford Real Estate Background: Recent full time real estate investor Converted all single families to apartments, and now does syndications and JV's in apartments Currently controls around 100 units in JV's, and involved in 2 syndications as an LP (125 units + 42 units), and in another 2 syndications as a GP (44 units + 108 units) Currently AirBNB nomading around the country Say hi to him at: https://elevateequity.org Best Ever Book: Raising Capital for Real Estate & Can’t Hurt Me Click here to know more about our sponsors: ThinkMultifamily.com/coaching | Rentify | Deal Maker Mentoring Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2592JF2592: Renter Nation | Actively Passive Investing Show 62
In today’s episode of the Actively Passive Investing Show, Travis discusses the current housing and affordable rent shortage we’re currently experiencing in the US. We dive into the imbalance we’ve been seeing in the market and how the pandemic had an impact on that, the future of renting, and Travis’ best advice for property owners based on these trends. Click here to know more about our sponsors: ThinkMultifamily.com/coaching | Rentify | Deal Maker Mentoring Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2591JF2591: 80 Units in 1.5 Years with Blake Selby
When Blake Selby started his real estate journey as an investor, he tried a little bit of everything before eventually morphing into a private lender. But not before scaling to 80 units within 1.5 years, then turning that into 100 units free and clear. Blake is sharing with us how he scaled without always going through the bank, what he found was the most efficient way to grow his money, and his top 3 steps for qualifying investors. Blake Selby Real Estate Background: Full time, active investor and private lender Currently owns over 100 units free & clear, 2 million cash liquid, 7 figures in notes owned Based in Davenport, Iowa Say hi to him at: SelbyRentals.com Best Ever Book: Shoe Dog Click here to know more about our sponsors: ThinkMultifamily.com/coaching | Rentify | Deal Maker Mentoring Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2590JF2590: The Key to Adding Partners to your Real Estate Team with Stephanie Betters
With a background in medicine, Stephanie Betters struggled to decide between being a Nurse Practitioner or full time investor. So she decided, why not both? Her goal of owning 3 rentals/child turned into a booming real estate career that she never anticipated. Today, she’s sharing her tips for growing a team with an aligned vision, private vs. traditional financing, and her very detailed due diligence for choosing which syndications to be involved in. Stephanie Betters Real Estate Background: Full time real estate investor and part time nurse practitioner First flip in 2007, and formed her Investment company in 2015 Passively involved as an LP and GP in several large multifamily assets Flipped hundreds of homes, built near 100 new construction spec homes, and wholesales 200 homes/year Based in Charlotte, NC Say hi to her at: www.leftmainrei.co Best Ever Book: Good to Great Click here to know more about our sponsors: ThinkMultifamily.com/coaching | Rentify | Deal Maker Mentoring Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2589JF2589: Can You Really Buy Real Estate with Cryptocurrency? With Michael Waters
While investing in real estate, Michael Waters kept running into the same problem many other investors face as well - he was running out of cash quickly. That’s until he realized the huge pool of money sitting in the crypto world. Today, Michael is talking about how he’s bringing that money into the real world with some actual backing, legally funding with cryptocurrency, and how this method is leveling the real estate investing playing field. Michael Waters Real Estate Background: CTO of Quest Crypto (The world's first Real Estate Backed Cryptocurrency) and also a Full Time Real Estate Investor Co-Founder of 4RealEstateLeads and Co-Author of 4Real Estate Success Currently working on deals consisting of small hotels, commercial shopping centers, large apartment complexes and medical tourism projects to name a few Over 25 years of investing experience, with over 200 transactions Based in Salt Lake City, UT Say hi to him at: https://questcrypto.com/ Best Ever Book: No BS Guide to Marketing Click here to know more about our sponsors: ThinkMultifamily.com/coaching | Rentify | Deal Maker Mentoring Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2588JF2588: How to Reverse Engineer Your Pitch to Accelerate Your Funding with Brian Adams #SkillsetSunday
On today’s #SkillsetSunday, we’re talking to Brian Adams about reverse engineering your pitch in order to accelerate funding. Brian is discussing the 3 problems he’s focused on solving for investors, blindfold, commingled funds vs. syndications, and what you need to do before even making your pitch. Brian Adams Real Estate Background: Full-time in commercial real estate 11 years of experience Portfolio consist of 2.7M Sq Ft; $400M gross asset value; 14 markets Based in Nashville, TN Say hi to him at: www.excelsiorgp.com Click here to know more about our sponsors: ThinkMultifamily.com/coaching | Rentify | Deal Maker Mentoring Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2587JF2587: Transitioning from W2 Employee to FT Real Estate Investor with Steeve Breton #SituationSaturday
On today’s #SituationSaturday, we’re talking to Steeve Breton about how to make your transition from a W2 employee, to full-time in real estate, as smooth as possible. Steeve is sharing some action steps he took right out of the gate, what he took into account when he decided his timeline for leaving his W2 job, and how he juggled work, his side-hustle, and most importantly, family, to bring his vision to life. Steeve Breton Real Estate Background: Full time real estate investor 10 years of real estate investing experience Syndicated 1,300 units in 5 states Based in Boston, MA Say hi to him at: www.velocitycap.com Click here to know more about our sponsors: ThinkMultifamily.com/coaching | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices
S1 Ep 2586JF2586: From Negative Net Worth to Financial Freedom in 2.5 Years with Bryce Robertson
Australian native, Bryce Robertson, made a goal of traveling the world while passively making money in the meantime. That’s when he began his journey into entrepreneurship. Bryce is sharing how he became financially free in 2.5 years with mobile home parks, the future of mobile home parks, and 3 main evaluations to take into consideration to remain profitable in this asset class. Bryce Robertson Real Estate Background: MHP Owner, operator, syndicator, educator. Self storage owners and managers. We manage all our properties through our property management company. Active investor with 8 years of experience $20M AUM Say hi to him at: PropertyWorkzUSA.com Best Ever Book: Autobiography of a Yogi 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 2585JF2585: Current State of the Multifamily Market | Actively Passive Investing Show 61
In today’s episode of the Actively Passive Investing Show, Travis discusses a recent shocking US statistic, and what it means for the multifamily market moving forward. We’re diving into the 5 metrics you should pay attention to when looking at new deals, whether or not it’s a good time to invest, and the migration trends we’re starting to see since the pandemic. 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 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